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Earnings Per Share (Notes)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block] EARNINGS PER SHARE OF COMMON STOCK

On June 1, 2019, the date of the Corteva Distribution, 748,815,000 shares of the company’s common stock were distributed to DowDuPont shareholders of record as of May 24, 2019.

The following tables provide earnings per share calculations for the periods indicated below:
Net (Loss) Income for Earnings Per Share Calculations - Basic and Diluted
Three Months Ended
June 30,
Six Months Ended
June 30,
(In millions)
2019
2018
2019
2018
Income (loss) from continuing operations after income taxes
$
483

$
375

$
299

$
(63
)
Net income attributable to continuing operations noncontrolling interests
13

5

21

18

Income (loss) from continuing operations available to Corteva common stockholders
470

370

278

(81
)
(Loss) income from discontinued operations, net of tax
(1,077
)
323

(717
)
674

Net income (loss) attributable to discontinued operations noncontrolling interests
1

(1
)
5

6

(Loss) income from discontinued operations available to Corteva common stockholders
(1,078
)
324

(722
)
668

Net (loss) income available to common stockholders
$
(608
)
$
694

$
(444
)
$
587



(Loss) Earnings Per Share Calculations - Basic
Three Months Ended
June 30,
Six Months Ended
June 30,
(Dollars per share)
2019
2018
2019
2018
Income (loss) from continuing operations attributable to common stockholders
$
0.63

$
0.49

$
0.37

$
(0.11
)
(Loss) income from discontinued operations, net of tax
(1.44
)
0.43

(0.96
)
0.89

Net (loss) income attributable to common stockholders
$
(0.81
)
$
0.92

$
(0.59
)
$
0.78



(Loss) Earnings Per Share Calculations - Diluted
Three Months Ended
June 30,
Six Months Ended
June 30,
(Dollars per share)
2019
2018
2019
2018
Income (loss) from continuing operations attributable to common stockholders
$
0.63

$
0.49

$
0.37

$
(0.11
)
(Loss) income from discontinued operations, net of tax1
(1.44
)
0.43

(0.96
)
0.89

Net (loss) income attributable to common stockholders1
$
(0.81
)
$
0.92

$
(0.59
)
$
0.78



Share Count Information
Three Months Ended
June 30,
Six Months Ended
June 30,
(Shares in millions)
2019
2018
2019
2018
Weighted-average common shares - basic1
749.4

749.4

749.4

749.4

Plus dilutive effect of equity compensation plans2
0.6


0.3


Weighted-average common shares - diluted
750.0

749.4

749.7

749.4

Stock options and restricted stock units excluded from EPS calculations3
7.8


7.8



1.
Share amounts for the three and six months ended June 30, 2018, were based on 748.8 million shares of Corteva, Inc. common stock distributed to holders of DowDuPont's common stock on June 1, 2019, plus 0.6 million of additional shares in which accelerated vesting conditions have been met.
2.
Diluted earnings per share considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an anti-dilutive effect.
3.
These outstanding options to purchase shares of common stock were excluded from the calculation of diluted earnings per share because the effect of including them would have been anti-dilutive.