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Supplementary Information (Tables) | 9 Months Ended
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Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Other Nonoperating Income (Expense) |
Other Income - Net | Three Months Ended September | Nine Months Ended September 30,
(In millions) | 2022 | 2021 | 2022 | 2021
Interest income | $ | 36 |  | $ | 19 |  | $ | 75 |  | $ | 58 |
Equity in earnings (losses) of affiliates - net | (1) |  | (1) |  | 13 |  | 4 |
Net gain (loss) on sales of businesses and other assets | 16 |  | 1 |  | 17 |  | 2 |
Net exchange gains (losses)1 | (13) |  | 2 |  | (96) |  | (47) |
Non-operating pension and other post employment benefit credit (costs)2 | 22 |  | 326 |  | 170 |  | 979 |
Miscellaneous income (expenses) - net 3 | (37) |  | 31 |  | (90) |  | 17 |
Other income - net | $ | 23 |  | $ | 378 |  | $ | 89 |  | $ | 1,013 |
1.Includes net pre-tax exchange gains (losses) of $(32) million and $(65) million associated with the devaluation of the Argentine peso for the three and nine months ended September 30, 2022, respectively, and $(16) million and $(53) million for the three and nine months ended September 30, 2021, 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 settlement gain (loss)). 3.Miscellaneous income (expenses) - net for the three and nine months ended September 30, 2022 and 2021 includes losses on 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. Miscellaneous income (expenses) - net for the three and nine months ended September 30, 2022 also includes estimated settlement reserves, settlement cost associated with the Russia Exit and an Employee Retention Credit, and the nine months ended September 30, 2022 also includes charges associated with the exit of a non-strategic asset. Additionally, the three and nine months ended September 30, 2021 includes a gain from remeasurement of an equity investment and the nine months ended September 30, 2021 includes realized losses on sale of available-for-sale securities.
Foreign Currency Exchange Gain (Loss) |
(In millions) | Three Months Ended September | Nine Months Ended September 30,
| 2022 | 2021 | 2022 | 2021
Subsidiary Monetary Position Gain (Loss) |  |  |  |
Pre-tax exchange gain (loss) | $ | (80) |  | $ | (32) |  | $ | (120) |  | $ | (47) |
Local tax (expenses) benefits | (40) |  | 3 |  | (61) |  | (11) |
Net after-tax impact from subsidiary exchange gain (loss) | $ | (120) |  | $ | (29) |  | $ | (181) |  | $ | (58) |
Hedging Program Gain (Loss) |  |  |  |
Pre-tax exchange gain (loss) | $ | 67 |  | $ | 34 |  | $ | 24 |  | $ | — |
Tax (expenses) benefits | (15) |  | (8) |  | (5) |  | — |
Net after-tax impact from hedging program exchange gain (loss) | $ | 52 |  | $ | 26 |  | $ | 19 |  | $ | — |
Total Exchange Gain (Loss) |  |  |  |
Pre-tax exchange gain (loss) | $ | (13) |  | $ | 2 |  | $ | (96) |  | $ | (47) |
Tax (expenses) benefits | (55) |  | (5) |  | (66) |  | (11) |
Net after-tax exchange gain (loss) | $ | (68) |  | $ | (3) |  | $ | (162) |  | $ | (58) |
Restrictions on Cash and Cash Equivalents |
(In millions) | September 30, 2022 | December 31, 2021 | September 30, 2021
Cash and cash equivalents | $ | 2,199 |  | $ | 4,459 |  | $ | 2,779 |
Restricted cash equivalents | 420 |  | 377 |  | 361 |
Total cash, cash equivalents and restricted cash equivalents | $ | 2,619 |  | $ | 4,836 |  | $ | 3,140 |

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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