Equity

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

ACCUMULATED OTHER COMPREHENSIVE LOSS

The changes in each component of accumulated other comprehensive loss ("AOCL") for the three and nine months ended September 30, 2020 and 2019 were as follows:

Accumulated Other Comprehensive Loss	Three Months Ended				Nine Months Ended
In millions	Sep 30, 2020		Sep 30, 2019		Sep 30, 2020		Sep 30, 2019
Unrealized Gains (Losses) on Investments
Beginning balance	$	40	$	49	$	64	$	(51)
Unrealized gains (losses) on investments	35		20		39		158
Less: Tax (expense) benefit	(8)		(4)		(10)		(33)
Net unrealized gains (losses) on investments	27		16		29		125
(Gains) losses reclassified from AOCL to net income 1	(25)		(6)		(59)		(18)
Less: Tax expense (benefit) 2	6		1		14		4
Net (gains) losses reclassified from AOCL to net income	(19)		(5)		(45)		(14)
Other comprehensive income (loss), net of tax	8		11		(16)		111
Ending balance	$	48	$	60	$	48	$	60
Cumulative Translation Adjustment
Beginning balance	$	(1,235)	$	(1,067)	$	(1,135)	$	(1,813)
Gains (losses) on foreign currency translation	116		(164)		18		(100)
Less: Tax (expense) benefit	4		(26)		18		(12)
Net gains (losses) on foreign currency translation	120		(190)		36		(112)
(Gains) losses reclassified from AOCL to net income 3	(29)		(26)		(45)		(68)
Other comprehensive income (loss), net of tax	91		(216)		(9)		(180)
Impact of common control transaction 4	—		—		—		710
Ending balance	$	(1,144)	$	(1,283)	$	(1,144)	$	(1,283)
Pension and Other Postretirement Benefits
Beginning balance	$	(8,498)	$	(7,635)	$	(8,781)	$	(7,965)
Gains (losses) arising during the period	2		—		2		34
Less: Tax (expense) benefit	—		—		—		(10)
Net gains (losses) arising during the period	2		—		2		24
Amortization and recognition of net loss and prior service credits 5	188		139		557		413
Less: Tax expense (benefit) 2	(43)		(31)		(129)		(82)
Net loss and prior service credits reclassified from AOCL to net income	145		108		428		331
Other comprehensive income (loss), net of tax	147		108		430		355
Impact of common control transaction 4	—		—		—		83
Ending balance	$	(8,351)	$	(7,527)	$	(8,351)	$	(7,527)
Derivative Instruments
Beginning balance	$	(532)	$	(335)	$	(394)	$	(56)
Gains (losses) on derivative instruments	45		(187)		(114)		(545)
Less: Tax (expense) benefit	(10)		37		(2)		110
Net gains (losses) on derivative instruments	35		(150)		(116)		(435)
(Gains) losses reclassified from AOCL to net income 6	5		20		24		30
Less: Tax expense (benefit) 2	(2)		(4)		(8)		(8)
Net (gains) losses reclassified from AOCL to net income	3		16		16		22
Other comprehensive income (loss), net of tax	38		(134)		(100)		(413)
Ending balance	$	(494)	$	(469)	$	(494)	$	(469)
Total AOCL ending balance	$	(9,941)	$	(9,219)	$	(9,941)	$	(9,219)

1.Reclassified to "Net sales" and "Sundry income (expense) - net."

2.Reclassified to "Provision for income taxes on continuing operations."

3.Reclassified to "Sundry income (expense) - net."

4.Reclassified to "Retained earnings" as a result of the separation from DowDuPont on April 1, 2019. See Note 3 for additional information.

5.These AOCL components are included in the computation of net periodic benefit cost of the Company's defined benefit pension and other postretirement benefit plans. See Note 17 for additional information.

6.Reclassified to "Cost of sales," "Sundry income (expense) - net" and "Interest expense and amortization of debt discount."