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Business Combinations (Tables) | 12 Months Ended
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Dec. 31, 2017
Merger with Dow [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition |
(In millions, except exchange ratio) |
DuPont Common Stock outstanding as of the Merger Effectiveness Time | 868.3 |
DuPont exchange ratio | 1.2820 |
DowDuPont Common Stock issued in exchange for DuPont Common Stock | 1,113.2 |
Fair value of DowDuPont Common Stock issued 1 | $ | 74,195 |
Fair value of DowDuPont equity awards issued in exchange for outstanding DuPont equity awards 2 | 485 |
Total consideration | $ | 74,680 |
1. | Amount was determined based on the price per share of Dow Common Stock of $66.65 on August 31, 2017.
2. | Represents the fair value of replacement awards issued for DuPont's equity awards outstanding immediately before the Merger and attributable to the service periods prior to the Merger. The previous DuPont equity awards were converted into the right to receive 1.2820 shares of DowDuPont Common Stock.
| Successor | Predecessor
(In millions) | For the Period September 1 through December 31, 2017 | For the Period January 1 through August 31, 2017 | For the Year Ended December 31, 2016 | For the Year Ended December 31, 2015
Integration and separation costs | $ | 314 |  |  |  |  |  |  |
Selling, general and administrative expenses |  | $ | 581 |  | $ | 386 |  | $ | 10 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
| Estimated fair value as previously reported 1 | Measurement period adjustments 2 | Estimated fair value adjusted
(In millions)
Fair Value of Assets as of the Merger Effectiveness Time |  |  |
Cash and cash equivalents | $ | 4,005 |  | $ | — |  | $ | 4,005 |
Marketable securities | 2,849 |  | — |  | 2,849 |
Accounts and notes receivable | 7,851 |  | — |  | 7,851 |
Inventories | 8,886 |  | (79 | ) | 8,807 |
Other current assets | 360 |  | — |  | 360 |
Investment in nonconsolidated affiliates | 1,685 |  | (31 | ) | 1,654 |
Assets held for sale - current | 3,184 |  | 564 |  | 3,748 |
Property, plant and equipment | 12,122 |  | (181 | ) | 11,941 |
Goodwill 3 | 45,501 |  | (396 | ) | 45,105 |
Other intangible assets 3 | 27,844 |  | (623 | ) | 27,221 |
Deferred income tax assets | 487 |  | (203 | ) | 284 |
Other assets | 2,076 |  | — |  | 2,076 |
Total Assets | $ | 116,850 |  | $ | (949 | ) | $ | 115,901 |
Fair Value of Liabilities |  |  |  |
Short-term borrowings and capital lease obligations | $ | 5,319 |  | $ | — |  | $ | 5,319 |
Accounts payable | 3,283 |  | — |  | 3,283 |
Income taxes payable | 140 |  | — |  | 140 |
Accrued and other current liabilities | 3,517 |  | — |  | 3,517 |
Liabilities held for sale - current | 104 |  | 11 |  | 115 |
Long-term debt | 9,878 |  | — |  | 9,878 |
Deferred income tax liabilities | 9,408 |  | (940 | ) | 8,468 |
Pension and other post employment benefits - noncurrent | 8,092 |  | (36 | ) | 8,056 |
Other noncurrent obligations | 2,028 |  | — |  | 2,028 |
Total Liabilities | $ | 41,769 |  | $ | (965 | ) | $ | 40,804 |
Noncontrolling interests | 162 |  | 16 |  | 178 |
Preferred stock | 239 |  | — |  | 239 |
Fair Value of Net Assets (Consideration for the Merger) | $ | 74,680 |  | $ | — |  | $ | 74,680 |
1. | As previously reported in the company’s Quarterly Report on Form 10-Q for the period ended September 30, 2017.
2. | DuPont recorded measurement period adjustments in the fourth quarter of 2017 to reflect facts and circumstances in existence as of the Merger Effectiveness Time. These measurement period adjustments primarily related to changes in preliminary valuation assumptions, including market participant estimates of cash flows and estimates of asset useful lives, as well as other initial estimates. All measurement period adjustments were offset against goodwill.
3. | See Note 12 for additional information.
H&N Acquisition [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition |
(In millions)
Fair Value of Divested Ag Business 1 | $ | 3,665 |
Less: Cash received 2 | 1,200 |
Less: Favorable contracts 3 | 495 |
Fair Value of H&N Business | $ | 1,970 |
1. | Refer to Note 4 for additional information.
2. | The FMC Transactions include a cash consideration payment to DuPont of approximately $1,200 million, which reflects the difference in value between the Divested Ag Business and the H&N Business, subject to certain customary inventory and net working capital adjustments.
3. | Upon closing and pursuant to the terms of the FMC Transaction Agreement, DuPont entered into favorable supply contracts with FMC. DuPont recorded these contracts as intangible assets recognized at the fair value of off-market contracts. Refer to Notes 4 and 12 for additional information.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
| Successor
(In millions) | November 1, 2017
Fair Value of Assets |
Cash and cash equivalents | $ | 16 |
Accounts and notes receivable | 144 |
Inventories | 314 |
Property, plant and equipment | 505 |
Goodwill | 718 |
Other intangible assets | 435 |
Other current and non-current assets | 16 |
Total Assets | $ | 2,148 |
Fair Value of Liabilities |
Accounts payable and other accrued liabilities | $ | 70 |
Deferred income tax liabilities | 108 |
Total Liabilities | $ | 178 |
Fair Value of Net Assets (Consideration for the H&N Business) | $ | 1,970 |
Schedule of Results of Operations |
| Successor
(In millions) | For the Period November 1 through December 31, 2017
Net sales | $ | 102 |
Loss from continuing operations before income taxes | $ | (12 | )

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