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Supplementary Information (Tables)

12 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Other Nonoperating Income (Expense)

Other Income - Net			For the Year Ended December 31,
(In millions)			2020			2019			2018
Interest income			$	56		$	59		$	86
Equity in losses of affiliates - net			—			(9)			(1)
Net (loss) gain on sales of businesses and other assets1			(2)			64			62
Net exchange losses2,3			(174)			(99)			(127)
Non-operating pension and other post employment benefit credit4			368			191			275
Miscellaneous (expenses) income - net5			(36)			9			(46)
Other income - net			$	212		$	215		$	249

1    The year ended December 31, 2020 includes a loss of $(53) million and a gain of $27 million relating to the expected sale of the La Porte site, for which the company signed an agreement in 2020, and the sale of a business in Asia Pacific in the crop protection segment, respectively.

2    Includes net pre-tax exchange losses of $(82) million, $(51) million and $(68) million associated with the devaluation of the Argentine peso for the years ended December 31, 2020, 2019 and 2018, respectively.

3    Includes a $(50) million foreign exchange loss for the year ended December 31, 2018 related to adjustments to foreign currency exchange contracts as a result of U.S. tax reform, which is included within significant items.

4    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 settlement (loss) gain). 

5    Miscellaneous (expenses) income - net, includes losses from sale of receivables, tax indemnification adjustments related to changes in indemnification balances as a result of the application of the terms of the Tax Matters Agreement, between Corteva and Dow and/or DuPont, and other items. In addition, the year ended December 31, 2018 includes a $(53) million loss related to the deconsolidation of a subsidiary (refer to Note 25 - Segment Information). Refer to Note 12 - Accounts and Notes Receivable - Net, for additional information on losses on the sale of receivables.

Foreign Currency Exchange Gain (Loss)

			For the Year Ended December 31,
(In millions)			2020			2019			2018
Subsidiary Monetary Position (Loss) Gain
Pre-tax exchange (loss) gain			$	(263)		$	(41)		$	(221)
Local tax benefits (expenses)			34			2			(31)
Net after-tax impact from subsidiary exchange loss			$	(229)		$	(39)		$	(252)
Hedging Program (Loss) Gain
Pre-tax exchange gain (loss)			$	89		$	(58)		$	94
Tax (expenses) benefits			(21)			13			(21)
Net after-tax impact from hedging program exchange gain (loss)			$	68		$	(45)		$	73
Total Exchange (Loss) Gain
Pre-tax exchange loss			$	(174)		$	(99)		$	(127)
Tax benefits (expenses)			13			15			(52)
Net after-tax exchange loss			$	(161)		$	(84)		$	(179)

Restrictions on Cash and Cash Equivalents

(In millions)			December 31, 2020			December 31, 2019
Cash and cash equivalents			$	3,526		$	1,764
Restricted cash			347			409
Total cash, cash equivalents and restricted cash			3,873			2,173

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