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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net Sales $ 5,627 $ 5,191 $ 9,805 $ 9,147
Cost of Goods Sold 3,010 2,829 5,430 5,098
Research and Development Expense 293 273 574 553
Selling, General and Administrative Expenses 998 965 1,731 1,722
Amortization of Intangibles 180 176 363 339
Restructuring and Asset related charges, net 135 179 235 249
Other income - net 298 89 635 90
Interest Expense 7 14 14 24
Income from continuing operations before income taxes 1,302 844 2,093 1,252
Provision for income taxes on continuing operations 284 78 462 205
Income from continuing operations after income taxes 1,018 766 1,631 1,047
Income (loss) from discontinued operations after income taxes (45) 0 (55) 1
Net income 973 766 1,576 1,048
Net income attributable to noncontrolling interests 3 6 6 16
Net income attributable to Corteva $ 970 $ 760 $ 1,570 $ 1,032
Basic earnings per share of common stock from continuing operations $ 1.37 $ 1.01 $ 2.19 $ 1.37
Basic loss per share of common stock from discontinued operations (0.06) 0 (0.07) 0
Basic earnings per share of common stock 1.31 1.01 2.12 1.37
Diluted earnings per share of common stock from continuing operations 1.37 1.01 2.18 1.37
Diluted loss per share of common stock from discontinued operations (0.06) 0 (0.07) 0
Diluted earnings per share of common stock $ 1.31 $ 1.01 $ 2.11 $ 1.37
EID [Member]        
Net Sales $ 5,627 $ 5,191 $ 9,805 $ 9,147
Cost of Goods Sold 3,010 2,829 5,430 5,098
Research and Development Expense 293 273 574 553
Selling, General and Administrative Expenses 998 965 1,731 1,722
Amortization of Intangibles 180 176 363 339
Restructuring and Asset related charges, net 135 179 235 249
Other income - net 298 89 635 90
Interest Expense 20 45 42 87
Income from continuing operations before income taxes 1,289 813 2,065 1,189
Provision for income taxes on continuing operations 281 71 455 190
Income from Continuing Operations After Taxes 1,008 742 1,610 999
Income (loss) from discontinued operations after income taxes (45) 0 (55) 1
Net income 963 742 1,555 1,000
Net income attributable to noncontrolling interests 0 3 1 11
Net income attributable to Corteva $ 963 $ 739 $ 1,554 $ 989