Equity

6 Months Ended

Jun. 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 six months ended June 30, 2020 and 2019 were as follows:

Accumulated Other Comprehensive Loss	Three Months Ended				Six Months Ended
In millions	Jun 30, 2020		Jun 30, 2019		Jun 30, 2020		Jun 30, 2019
Unrealized Gains (Losses) on Investments
Beginning balance	$	(36)	$	16	$	64	$	(51)
Unrealized gains (losses) on investments	122		52		4		138
Less: Tax (expense) benefit	(27)		(11)		(2)		(29)
Net unrealized gains (losses) on investments	95		41		2		109
(Gains) losses reclassified from AOCL to net income 1	(25)		(11)		(34)		(12)
Less: Tax expense (benefit) 2	6		3		8		3
Net (gains) losses reclassified from AOCL to net income	(19)		(8)		(26)		(9)
Other comprehensive income (loss), net of tax	76		33		(24)		100
Ending balance	$	40	$	49	$	40	$	49
Cumulative Translation Adjustment
Beginning balance	$	(1,298)	$	(1,844)	$	(1,135)	$	(1,813)
Gains (losses) on foreign currency translation	63		76		(98)		64
Less: Tax (expense) benefit	2		15		14		14
Net gains (losses) on foreign currency translation	65		91		(84)		78
(Gains) losses reclassified from AOCL to net income 3	(2)		(24)		(16)		(42)
Other comprehensive income (loss), net of tax	63		67		(100)		36
Impact of common control transaction 4	—		710		—		710
Ending balance	$	(1,235)	$	(1,067)	$	(1,235)	$	(1,067)
Pension and Other Postretirement Benefits
Beginning balance	$	(8,639)	$	(7,824)	$	(8,781)	$	(7,965)
Gains (losses) arising during the period	—		34		—		34
Less: Tax (expense) benefit	—		(10)		—		(10)
Net gains (losses) arising during the period	—		24		—		24
Amortization and recognition of net loss and prior service credits 5	184		108		369		274
Less: Tax expense (benefit) 2	(43)		(26)		(86)		(51)
Net loss and prior service credits reclassified from AOCL to net income	141		82		283		223
Other comprehensive income (loss), net of tax	141		106		283		247
Impact of common control transaction 4	—		83		—		83
Ending balance	$	(8,498)	$	(7,635)	$	(8,498)	$	(7,635)
Derivative Instruments
Beginning balance	$	(556)	$	(131)	$	(394)	$	(56)
Gains (losses) on derivative instruments	17		(263)		(159)		(358)
Less: Tax (expense) benefit	(2)		46		8		73
Net gains (losses) on derivative instruments	15		(217)		(151)		(285)
(Gains) losses reclassified from AOCL to net income 6	12		17		19		10
Less: Tax expense (benefit) 2	(3)		(4)		(6)		(4)
Net (gains) losses reclassified from AOCL to net income	9		13		13		6
Other comprehensive income (loss), net of tax	24		(204)		(138)		(279)
Ending balance	$	(532)	$	(335)	$	(532)	$	(335)
Total AOCL ending balance	$	(10,225)	$	(8,988)	$	(10,225)	$	(8,988)

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 16 for additional information.

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