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Supplementary Information | 9 Months Ended
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Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Additional Financial Information Disclosure [Text Block] | SUPPLEMENTARY INFORMATION
Sundry Income (Expense) - Net | Successor | Predecessor
(In millions) | Three Months Ended September 30, 2018 | For the Period September 1 - September 30, 2017 | For the Period July 1 - August 31, 2017
Royalty income 1 |  |  |  |  | $ | 11 |
Interest income | 13 |  | 12 |  | 26 |
Equity in earnings (losses) of affiliates - net | 13 |  | (4 | ) | 13 |
Net (loss) gain on sales of businesses and other assets | (2 | ) | 1 |  | 2 |
Net exchange (losses) gains | (77 | ) | 77 |  | (195 | )
Non-operating pension and other post employment benefit credit (cost)2 | 91 |  | 34 |  | (70 | )
Miscellaneous income and expenses - net 3 | 14 |  | 1 |  | 30 |
Sundry income (expense) - net | $ | 52 |  | $ | 121 |  | $ | (183 | )
Sundry Income (Expense) - Net | Successor | Predecessor
(In millions) | Nine Months Ended September 30, 2018 | For the Period September 1 - September 30, 2017 | For the Period January 1 - August 31, 2017
Royalty income 1 |  |  |  |  | $ | 84 |
Interest income | 71 |  | 12 |  | 83 |
Equity in earnings (losses) of affiliates - net | 46 |  | (4 | ) | 55 |
Net gain on sales of businesses and other assets 4 | 11 |  | 1 |  | 205 |
Net exchange (losses) gains | (186 | ) | 77 |  | (394 | )
Non-operating pension and other post employment benefit credit (cost)2 | 278 |  | 34 |  | (278 | )
Miscellaneous income and expenses - net 3 | 73 |  | 1 |  | 132 |
Sundry income (expense) - net | $ | 293 |  | $ | 121 |  | $ | (113 | )
1. | In the Successor periods, royalty income of $26 million, $111 million, and $9 million is included in net sales for the three and nine months ended September 30, 2018 and for the period September 1 through September 30, 2017, respectively.
2. | Includes non-service related components of net periodic benefit credits (costs) (interest cost, expected return on plan assets, amortization of unrecognized (gain) loss, amortization of prior service benefit and curtailment/settlement gain). See Note 2 for discussion of the retrospective adoption of ASU No. 2017-07.
3. | Miscellaneous income and expenses - net, includes interest accrued related to unrecognized tax benefits (Predecessor periods only), gains related to litigation settlements, and other items.
4. | Includes a pre-tax gain of $162 million ($86 million after tax) for the for the period January 1 through August 31, 2017 related to the sale of global food safety diagnostics. See Note 4 for additional information.
The following table summarizes the impacts of the company's foreign currency hedging program on the company's results of operations. The company routinely uses foreign currency exchange contracts to offset its net exposures, by currency, related to the foreign currency-denominated monetary assets and liabilities. The objective of this program is to maintain an approximately balanced position in foreign currencies in order to minimize, on an after-tax basis, the effects of exchange rate changes on net monetary asset positions. The hedging program gains (losses) are largely taxable (tax deductible) in the United States ("U.S."), whereas the offsetting exchange gains (losses) on the remeasurement of the net monetary asset positions are often not taxable (tax deductible) in their local jurisdictions. The net pre-tax exchange gains (losses) are recorded in sundry income (expense) - net and the related tax impact is recorded in provision for income taxes on continuing operations in the interim Consolidated Statements of Operations.
| Successor | Predecessor
(In millions) | Three Months Ended September 30, 2018 | For the Period September 1 - September 30, 2017 | For the Period July 1 - August 31, 2017
Subsidiary Monetary Position (Losses) Gains |  |  |
Pre-tax exchange (losses) gains 1 | $ | (108 | ) | $ | (35 | ) | $ | 65 |
Local tax benefits (expenses) | 33 |  | (31 | ) | 88 |
Net after-tax impact from subsidiary exchange (losses) gains | $ | (75 | ) | $ | (66 | ) | $ | 153 |
Hedging Program Gains (Losses) |  |  |
Pre-tax exchange gains (losses) | $ | 31 |  | $ | 112 |  | $ | (260 | )
Tax (expenses) benefits | (7 | ) | (40 | ) | 94 |
Net after-tax impact from hedging program exchange gains (losses) | $ | 24 |  | $ | 72 |  | $ | (166 | )
Total Exchange (Losses) Gains |  |  |
Pre-tax exchange (losses) gains | $ | (77 | ) | $ | 77 |  | $ | (195 | )
Tax benefits (expenses) | 26 |  | (71 | ) | 182 |
Net after-tax exchange (losses) gains | $ | (51 | ) | $ | 6 |  | $ | (13 | )
| Successor | Predecessor
(In millions) | Nine Months Ended September 30, 2018 | For the Period September 1 - September 30, 2017 | For the Period January 1 - August 31, 2017
Subsidiary Monetary Position (Losses) Gains |  |  |
Pre-tax exchange (losses) gains 1 | $ | (213 | ) | $ | (35 | ) | $ | 37 |
Local tax benefits (expenses) | 57 |  | (31 | ) | 217 |
Net after-tax impact from subsidiary exchange (losses) gains | $ | (156 | ) | $ | (66 | ) | $ | 254 |
Hedging Program Gains (Losses) |  |  |
Pre-tax exchange gains (losses)2 | $ | 27 |  | $ | 112 |  | $ | (431 | )
Tax (expenses) benefits | (6 | ) | (40 | ) | 155 |
Net after-tax impact from hedging program exchange gains (losses) | $ | 21 |  | $ | 72 |  | $ | (276 | )
Total Exchange (Losses) Gains |  |  |
Pre-tax exchange (losses) gains | $ | (186 | ) | $ | 77 |  | $ | (394 | )
Tax benefits (expenses) | 51 |  | (71 | ) | 372 |
Net after-tax exchange (losses) gains | $ | (135 | ) | $ | 6 |  | $ | (22 | )
1. | Includes a net $44 million and $80 million pre-tax exchange loss associated with the devaluation of the Argentine peso for the three and nine months ended September 30, 2018, respectively.
2. | Includes a $50 million foreign exchange loss for the nine months ended September 30, 2018 related to adjustments to foreign currency exchange contracts as a result of U.S. tax reform.
Cash, cash equivalents and restricted cash The following table provides a reconciliation of cash and cash equivalents and restricted cash (included in other current assets) presented in the Condensed Consolidated Balance Sheets to the total cash, cash equivalents and restricted cash presented in the interim Condensed Consolidated Statements of Cash Flows.
(In millions) | September 30, 2018 | December 31, 2017
Cash and cash equivalents | $ | 3,536 |  | $ | 7,250 |
Restricted cash | 506 |  | 558 |
Total cash, cash equivalents and restricted cash | $ | 4,042 |  | $ | 7,808 |
DuPont entered into a trust agreement in 2013 (as amended and restated in 2017), establishing and requiring DuPont to fund a trust (the "Trust") for cash obligations under certain non-qualified benefit and deferred compensation plans upon a change in control event as defined in the Trust agreement. Under the Trust agreement, the consummation of the Merger was a change in control event. Restricted cash at September 30, 2018 and December 31, 2017 is related to the Trust. Accounts and Notes Receivable - Net Accounts and notes receivable - net was $7,079 million at September 30, 2018 and $5,239 million at December 31, 2017. Notes receivable, which is a component of accounts and notes receivable - net, was $1,625 million at September 30, 2018 and $199 million at December 31, 2017. The increase was primarily due to normal seasonality in the sales and cash collections cycle in the agriculture product line.

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