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Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2020
Segment Reporting Information [Line Items] |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] | Reconciliation to interim Consolidated Financial Statements
(Loss) income from continuing operations after income taxes to segment operating EBITDA (In millions) | Three Months Ended September 30, | Nine Months Ended September 30,
2020 | 2019 | 2020 | 2019
(Loss) income from continuing operations after income taxes | $ | (390) |  | $ | (527) |  | $ | 657 |  | $ | (228) |
(Benefit from) provision for income taxes on continuing operations | (117) |  | (104) |  | 88 |  | 99 |
(Loss) income from continuing operations before income taxes | (507) |  | (631) |  | 745 |  | (129) |
Depreciation and amortization | 285 |  | 226 |  | 868 |  | 711 |
Interest income | (11) |  | (13) |  | (38) |  | (46) |
Interest expense | 11 |  | 19 |  | 35 |  | 112 |
Exchange losses (gains) - net 1 | 67 |  | (22) |  | 127 |  | 37 |
Non-operating benefits - net | (73) |  | (32) |  | (237) |  | (106) |
Significant items | 49 |  | 246 |  | 351 |  | 886 |
Pro forma adjustments |  |  |  | 298 |
Corporate expenses | 27 |  | 31 |  | 81 |  | 92 |
Segment operating EBITDA 2 | $ | (152) |  | $ | (176) |  | $ | 1,932 |  | $ | 1,855 |
1.Excludes a $(33) million foreign exchange loss for the three and nine months ended September 30, 2019 associated with the devaluation of the Argentine peso, as it is included within significant items. See Note 7 - Supplementary Information for additional information 2.The nine months ended September 30, 2019 is presented on a pro forma basis, prepared in accordance with Article 11 of Regulation S-X..
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
As of and for the Three Months Ended September 30, (In millions) | Seed | Crop Protection | Total
2020 |  |  |
Net sales | $ | 523 |  | $ | 1,340 |  | $ | 1,863 |
Segment operating EBITDA | $ | (282) |  | $ | 130 |  | $ | (152) |
Segment assets 1 | $ | 24,372 |  | $ | 12,593 |  | $ | 36,965 |
2019 |  |  |
Net sales | $ | 681 |  | $ | 1,230 |  | $ | 1,911 |
Segment operating EBITDA | $ | (295) |  | $ | 119 |  | $ | (176) |
Segment assets 1 | $ | 26,021 |  | $ | 13,331 |  | $ | 39,352 |
1. Segment assets at December 31, 2019 were $25,387 million and $13,492 million for Seed and Crop Protection, respectively.
For the Nine Months Ended September 30, (In millions) | Seed | Crop Protection | Total
2020 |  |  |
Net sales | $ | 6,516 |  | $ | 4,494 |  | $ | 11,010 |
Segment operating EBITDA | $ | 1,255 |  | $ | 677 |  | $ | 1,932 |
2019 |  |  |
Net sales | $ | 6,347 |  | $ | 4,516 |  | $ | 10,863 |
Pro forma segment operating EBITDA | $ | 1,066 |  | $ | 789 |  | $ | 1,855 |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
Segment assets to total assets (in millions) | September 30, 2020 | December 31, 2019 | September 30, 2019
Total segment assets | $ | 36,965 |  | $ | 38,879 |  | $ | 39,352 |
Corporate assets | 4,725 |  | 3,518 |  | 3,883 |
Total assets | $ | 41,690 |  | $ | 42,397 |  | $ | 43,235 |
Schedule of Additional Segment Details [Table Text Block] |
(In millions) | Seed | Crop Protection | Corporate | Total
For the Three Months Ended September 30, 2020 |  |  |  |
Restructuring and Asset Related Charges - Net 1 | $ | (9) |  | $ | (40) |  | $ | — |  | $ | (49) |
Total | $ | (9) |  | $ | (40) |  | $ | — |  | $ | (49) |
(In millions) | Seed | Crop Protection | Corporate | Total
For the Three Months Ended September 30, 2019 |  |  |  |
Restructuring and Asset Related Charges - Net 1 | $ | (47) |  | $ | 1 |  | $ | — |  | $ | (46) |
Integration and Separation Costs 2 | — |  | — |  | (152) |  | (152) |
Amortization of inventory step up 3 | (15) |  | — |  | — |  | (15) |
Argentina currency devaluation 4 | — |  | — |  | (33) |  | (33) |
Total | $ | (62) |  | $ | 1 |  | $ | (185) |  | $ | (246) |
(In millions) | Seed | Crop Protection | Corporate | Total
For the Nine Months Ended September 30, 2020 |  |  |  |
Restructuring and Asset Related Charges - Net 1 | $ | (154) |  | $ | (98) |  | $ | (46) |  | $ | (298) |
Loss on Divestiture 5 | — |  | (53) |  | — |  | (53) |
Total | $ | (154) |  | $ | (151) |  | $ | (46) |  | $ | (351) |
(In millions) | Seed | Crop Protection | Corporate | Total
For the Nine Months Ended September 30, 2019 8 |  |  |  |
Restructuring and Asset Related Charges - Net 1 | $ | (123) |  | $ | (24) |  | $ | (20) |  | $ | (167) |
Integration and Separation Costs 2 | — |  | — |  | (582) |  | (582) |
Amortization of inventory step up 3 | (67) |  | — |  | — |  | (67) |
Loss on early extinguishment of debt 6 | — |  | — |  | (13) |  | (13) |
Argentina currency devaluation 4 | — |  | — |  | (33) |  | (33) |
Loss on Divestiture 7 | (24) |  | — |  | — |  | (24) |
Total | $ | (214) |  | $ | (24) |  | $ | (648) |  | $ | (886) |
1.Includes Board approved restructuring plans and asset related charges as well as accelerated prepaid amortization expense. See Note 5 - Restructuring and Asset Related Charges - Net, for additional information. 2.Integration and separation costs include costs incurred to prepare for and close the Merger, post-Merger integration expenses, and costs incurred to prepare for the Internal Reorganizations. 3.Includes a charge related to the amortization of the inventory that was stepped up to fair value in connection with the Merger. 4.Includes a charge included in other income (expense) - net associated with remeasuring the company’s Argentine Peso net monetary assets, resulting from an unexpected August primary election result in Argentina. Throughout the three months ended September 30, 2019, the Argentine Peso dropped approximately a third of its value against the US dollar and in September of 2019, the country’s central bank announced new restrictions on foreign currency transactions. 5.Includes a loss recorded in other income - net related to the expected sale of the La Porte site. 6.Includes a loss on early extinguishment of debt related to the difference between the redemption price and the par value of the Make Whole Notes and Term Loan Facility, partially offset by the write-off of unamortized step-up related to the fair value step-up of EID's debt. 7.Includes a loss recorded in other income - net related to DAS’s sale of a joint venture related to synergy actions. 8.The nine months ended September 30, 2019 is presented on a pro forma basis, prepared in accordance with Article 11 of Regulation S-X

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