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Supplementary Information Other Income (Expense) - Net (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest income $ 33 $ 59 $ 93 $ 153
Equity in earnings (losses) of affiliates - net 0 (2) 7 4
Net gain (loss) on sales of businesses and other assets 0 10 17 11
Net exchange gains (losses) [1] (97) (102) (234) (242)
Non-operating pension and other post employment benefit credit [2] (37) (30) (109) (91)
Miscellaneous expenses - net [3] (6) (84) (93) (189)
Other income - net (107) (149) (319) (354)
Hedging Program [Member]        
Net exchange gains (losses) 59 2 (35) (60)
Hedging Program [Member] | Argentine Peso Devaluation [Member]        
Net exchange gains (losses) $ (26) $ (83) $ (54) $ (150)
[1] Includes net pre-tax exchange gains (losses) of $(26) million and $(54) million associated with impacts from the devaluation of the Argentine Peso for the three and nine months ended September 30, 2024, respectively, and $(83) million and $(150) million for the three and nine months ended September 30, 2023, 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] The three and nine months ended September 30, 2024 includes 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 ("Tax Indemnification Adjustments"), while the nine months ended September 30, 2024 additionally includes the receipt of an indemnification payment negotiated with the prior Stoller owners and estimated settlement reserves. The three and nine months ended September 30, 2023 includes Tax Indemnification Adjustments and an adjustment to the Employee Retention Credit pursuant to the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act as enhanced by the Consolidated Appropriations Act (“CAA”) and American Rescue Plan Act (“ARPA”) due to a change in estimate as well as estimated settlement reserves. The nine months ended September 30, 2023 also includes gains on the sale of assets, and a loss on the sale of the company's interest in an equity investment.