Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

As of and for the Three Months Ended September 30, (In millions)	Seed		Crop Protection		Total
2024
Net sales	$	691	$	1,635	$	2,326
Segment operating EBITDA	(320)		246		(74)
Segment assets1	22,192		14,895		37,087
2023
Net sales	$	878	$	1,712	$	2,590
Segment operating EBITDA	(138)		184		46
Segment assets1	22,829		15,446		38,275

1.    Segment assets at December 31, 2023 were $22,732 million and $15,004 million for Seed and Crop Protection, respectively.

As of and for the Nine Months Ended September 30, (In millions)	Seed		Crop Protection		Total
2024
Net sales	$	7,773	$	5,157	$	12,930
Segment operating EBITDA	2,126		811		2,937
2023
Net sales	$	7,837	$	5,682	$	13,519
Segment operating EBITDA	1,972		1,107		3,079

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

Segment assets to total assets (In millions)	September 30, 2024		December 31, 2023		September 30, 2023
Total segment assets	$	37,087	$	37,736	$	38,275
Corporate assets	4,821		5,260		4,835
Total assets	$	41,908	$	42,996	$	43,110

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

Reconciliation to interim Consolidated Financial Statements

Income (loss) from continuing operations after income taxes to segment operating EBITDA	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2024		2023		2024		2023
Income (loss) from continuing operations after income taxes	$	(519)	$	(315)	$	913	$	1,172
Provision for (benefit from) income taxes on continuing operations	(114)		(129)		274		244
Income (loss) from continuing operations before income taxes	$	(633)	$	(444)	$	1,187	$	1,416
Depreciation and amortization	306		306		925		899
Interest income	(33)		(59)		(93)		(153)
Interest expense	66		58		173		171
Exchange (gains) losses	97		102		234		242
Non-operating (benefits) costs	50		28		132		115
Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges	14		(44)		(4)		34
Significant items (benefit) charge	33		71		297		271
Corporate expenses	26		28		86		84
Segment operating EBITDA	$	(74)	$	46	$	2,937	$	3,079