10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2014

OR

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number 1-815

E. I. du Pont de Nemours and Company

(Exact Name of Registrant as Specified in Its Charter)

Delaware	51-0014090
(State or other Jurisdiction of	(I.R.S. Employer
Incorporation or Organization)	Identification No.)

1007 Market Street, Wilmington, Delaware 19898

(Address of Principal Executive Offices)

(302) 774-1000

(Registrant’s Telephone Number)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes  x   No  o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that registrant was required to submit and post such files.)  Yes  x   No  o

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.  (Check one):

Large Accelerated Filer x	Accelerated Filer o
Non-Accelerated Filer o	Smaller reporting company o

Indicate by check mark whether the Registrant is a shell company (as defined by Rule 12b-2 of the Exchange Act).  Yes  o   No  x

The Registrant had 918,348,000 shares (excludes 87,041,000 shares of treasury stock) of common stock, $0.30 par value, outstanding at April 15, 2014.

E. I. DU PONT DE NEMOURS AND COMPANY

Table of Contents

The terms “DuPont” or the “company” as used herein refer to E. I. du Pont de Nemours and Company and its consolidated subsidiaries, or to E. I. du Pont de Nemours and Company, as the context may indicate. 

			Page
Part I	Financial Information
Item 1.	Consolidated Financial Statements (Unaudited)
	Consolidated Income Statements		3
	Consolidated Statements of Comprehensive Income		4
	Condensed Consolidated Balance Sheets		5
	Condensed Consolidated Statements of Cash Flows		6
	Notes to the Consolidated Financial Statements
	Note 1.	Summary of Significant Accounting Policies	7
	Note 2.	Divestitures and Other Transactions	7
	Note 3.	Other Income, Net	8
	Note 4.	Income Taxes	9
	Note 5.	Earnings Per Share of Common Stock	9
	Note 6.	Inventories	10
	Note 7.	Goodwill and Other Intangible Assets	10
	Note 8.	Commitments and Contingent Liabilities	11
	Note 9.	Stockholders’ Equity	13
	Note 10.	Financial Instruments	15
	Note 11.	Long-Term Employee Benefits	20
	Note 12.	Segment Information	21
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		22
	Cautionary Statements About Forward-Looking Statements		22
	Recent Developments		22
	Results of Operations		23
	Recent Accounting Pronouncements		24
	Segment Reviews		25
	Liquidity & Capital Resources		26
	Contractual Obligations		27
	PFOA		27
Item 3.	Quantitative and Qualitative Disclosures About Market Risk		27
Item 4.	Controls and Procedures		28
Part II	Other Information
Item 1.	Legal Proceedings		29
Item 1A.	Risk Factors		30
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds: Issuer Purchases of Equity		30
Item 4.	Mine Safety Disclosures		30
Item 6.	Exhibits		30
Signature			31
Exhibit Index			32

2

PART I.  FINANCIAL INFORMATION

Item 1. CONSOLIDATED FINANCIAL STATEMENTS

E. I. du Pont de Nemours and Company

Consolidated Income Statements (Unaudited)

(Dollars in millions, except per share)

	Three Months Ended
	March 31,
	2014		2013
Net sales	$	10,128	$	10,408
Other income, net	17		92
Total	10,145		10,500
Cost of goods sold	6,000		6,193
Other operating charges	797		912
Selling, general and administrative expenses	925		983
Research and development expense	518		521
Interest expense	103		117
Total	8,343		8,726
Income from continuing operations before income taxes	1,802		1,774
Provision for income taxes on continuing operations	357		387
Income from continuing operations after income taxes	1,445		1,387
Income from discontinued operations after income taxes	—		1,968
Net income	1,445		3,355
Less: Net income attributable to noncontrolling interests	6		7
Net income attributable to DuPont	$	1,439	$	3,348
Basic earnings per share of common stock:
Basic earnings per share of common stock from continuing operations	$	1.56	$	1.48
Basic earnings per share of common stock from discontinued operations	—		2.12
Basic earnings per share of common stock	$	1.56	$	3.60
Diluted earnings per share of common stock:
Diluted earnings per share of common stock from continuing operations	$	1.54	$	1.47
Diluted earnings per share of common stock from discontinued operations	—		2.10
Diluted earnings per share of common stock	$	1.54	$	3.58
Dividends per share of common stock	$	0.45	$	0.43

See Notes to the Consolidated Financial Statements beginning on page 7.

3

E. I. du Pont de Nemours and Company

Consolidated Statements of Comprehensive Income (Unaudited)

(Dollars in millions, except per share)

	Three Months Ended
	March 31,
	2014			2013
Net income	$	1,445		$	3,355
Other comprehensive income (loss), before tax:
Cumulative translation adjustment	(72		)	(209		)
Net revaluation and clearance of cash flow hedges to earnings:
Additions and revaluations of derivatives designated as cash flow hedges	38			(16		)
Clearance of hedge results to earnings	18			(10		)
Net revaluation and clearance of cash flow hedges to earnings	56			(26		)
Pension benefit plans:
Net gain	1			56
Reclassifications to net income:
Amortization of prior service cost	1			3
Amortization of loss	149			241
Curtailment / settlement loss	—			153
Pension benefit plans, net	151			453
Other benefit plans:
Net gain	—			17
Reclassifications to net income:
Amortization of prior service benefit	(53		)	(48		)
Amortization of loss	14			27
Curtailment / settlement gain	—			(153		)
Other benefit plans, net	(39		)	(157		)
Net unrealized loss on securities	—			(2		)
Other comprehensive income, before tax	96			59
Income tax expense related to items of other comprehensive income	(57		)	(75		)
Other comprehensive income (loss), net of tax	39			(16		)
Comprehensive income	1,484			3,339
Less: Comprehensive income attributable to noncontrolling interests	6			7
Comprehensive income attributable to DuPont	$	1,478		$	3,332

See Notes to the Consolidated Financial Statements beginning on page 7.

4

E. I. du Pont de Nemours and Company

Condensed Consolidated Balance Sheets (Unaudited)

(Dollars in millions, except per share)

	March 31, 2014			December 31, 2013
Assets
Current assets
Cash and cash equivalents	$	3,782		$	8,941
Marketable securities	67			145
Accounts and notes receivable, net	8,040			6,047
Inventories	7,610			8,042
Prepaid expenses	338			206
Deferred income taxes	795			775
Assets held for sale	202			228
Total current assets	20,834			24,384
Property, plant and equipment, net of accumulated depreciation    (March 31, 2014 - $19,626; December 31, 2013 - $19,438)	13,003			12,993
Goodwill	4,698			4,713
Other intangible assets	4,975			5,096
Investment in affiliates	987			1,011
Deferred income taxes	2,394			2,353
Other assets	909			949
Total	$	47,800		$	51,499
Liabilities and Equity
Current liabilities
Accounts payable	$	3,905		$	5,180
Short-term borrowings and capital lease obligations	2,019			1,721
Income taxes	347			247
Other accrued liabilities	4,814			6,219
Total current liabilities	11,085			13,367
Long-term borrowings and capital lease obligations	9,298			10,741
Other liabilities	10,032			10,179
Deferred income taxes	943			926
Total liabilities	31,358			35,213
Commitments and contingent liabilities
Stockholders’ equity
Preferred stock	237			237
Common stock, $0.30 par value; 1,800,000,000 shares authorized;    Issued at March 31, 2014 - 1,004,738,000; December 31, 2013 - 1,014,027,000	301			304
Additional paid-in capital	10,880			11,072
Reinvested earnings	17,091			16,784
Accumulated other comprehensive loss	(5,402		)	(5,441		)
Common stock held in treasury, at cost (87,041,000 shares at March 31, 2014 and December 31, 2013)	(6,727		)	(6,727		)
Total DuPont stockholders’ equity	16,380			16,229
Noncontrolling interests	62			57
Total equity	16,442			16,286
Total	$	47,800		$	51,499

See Notes to the Consolidated Financial Statements beginning on page 7.

5

E. I. du Pont de Nemours and Company

Condensed Consolidated Statements of Cash Flows (Unaudited)

(Dollars in millions)

	Three Months Ended
	March 31,
	2014			2013
Operating activities
Net income	$	1,445		$	3,355
Adjustments to reconcile net income to cash used for operating activities:
Depreciation	312			327
Amortization of intangible assets	125			106
Other operating charges and credits - net	313			(23		)
Gain on sale of business	—			(2,683		)
Contributions to pension plans	(101		)	(110		)
Change in operating assets and liabilities - net	(4,515		)	(3,639		)
Cash used for operating activities	(2,421		)	(2,667		)
Investing activities
Purchases of property, plant and equipment	(320		)	(321		)
Investments in affiliates	(22		)	(18		)
Proceeds from sale of business - net	—			4,815
Proceeds from sales of assets - net	7			83
Net decrease in short-term financial instruments	80			99
Forward exchange contract settlements	15			(47		)
Other investing activities - net	4			(3		)
Cash (used for) provided by investing activities	(236		)	4,608
Financing activities
Dividends paid to stockholders	(420		)	(405		)
Net (decrease) increase in borrowings	(1,127		)	1,558
Prepayments / Repurchase of common stock	(1,061		)	(1,000		)
Proceeds from exercise of stock options	153			117
Other financing activities - net	(14		)	61
Cash (used for) provided by financing activities	(2,469		)	331
Effect of exchange rate changes on cash	(33		)	(96		)
(Decrease) / increase in cash and cash equivalents	$	(5,159	)	$	2,176
Cash and cash equivalents at beginning of period	8,941			4,379
Cash and cash equivalents at end of period	$	3,782		$	6,555

See Notes to the Consolidated Financial Statements beginning on page 7.

6

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Note 1.  Summary of Significant Accounting Policies

Interim Financial Statements

The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (GAAP) for interim financial information and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X.  In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair statement of the results for interim periods have been included.  Results for interim periods should not be considered indicative of results for a full year.  These interim Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and Notes thereto contained in the company’s Annual Report on Form 10-K for the year ended December 31, 2013, collectively referred to as the “2013 Annual Report”.  The Consolidated Financial Statements include the accounts of the company and all of its subsidiaries in which a controlling interest is maintained, as well as variable interest entities for which DuPont is the primary beneficiary. 

Basis of Presentation

Certain reclassifications of prior year's data have been made to conform to current year's presentation, including separately stating Cost of goods sold and Other operating charges on the interim Consolidated Income Statements. In February 2013, the company sold its Performance Coatings business (which represented a reportable segment). In accordance with GAAP, the results of Performance Coatings are presented as discontinued operations and, as such, have been excluded from continuing operations and segment results for all periods presented. The sum of the individual earnings per share amounts from continuing and discontinued operations may not equal the total company earnings per share amounts due to rounding. The cash flows and comprehensive income related to Performance Coatings have not been segregated and are included in the Condensed Consolidated Statements of Cash Flows and Comprehensive Income, respectively, for all periods presented. Amounts related to Performance Coatings are consistently included in or excluded from the Notes to the interim Consolidated Financial Statements based on the financial statement line item and period of each disclosure. See Note 2 for additional information.

Venezuelan Foreign Currency Translation

Venezuela is considered a highly inflationary economy under US GAAP and the U.S. dollar (USD) is the functional currency for our subsidiaries in Venezuela. During the first quarter 2014, the Venezuelan government enacted certain changes to the country’s foreign exchange systems including the expansion of the use of the Complementary System of Foreign Currency Acquirement (“SICAD 1”) auction rate and introduction of the SICAD 2 auction process. The official exchange rate continues to be set through the National Center for Foreign Commerce (CENCOEX, previously CADIVI) at 6.3 Bolivar Fuertes (BsF) to USD. The SICAD 1 and SICAD 2 exchange rates were 10.7 BsF and 50.85 BsF, respectively, at March 31, 2014. The company is evaluating the Venezuelan government’s recent actions affecting foreign exchange systems including restrictions, limitations and ability to obtain USD at a particular rate or through a specific exchange mechanism in relation to DuPont's in-country operations. The company continues to remeasure its Venezuelan BsF net monetary assets, which is approximately $70 at March 31, 2014, at the official CENCOEX rate.

Recent Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board (FASB) issued authoritative guidance amending existing requirements for reporting discontinued operations.  Under the new guidance, discontinued operations reporting will be limited to disposal transactions that represent strategic shifts having a major effect on operations and financial results. The amended guidance also enhances disclosures and requires assets and liabilities of a discontinued operation to be classified as such for all periods presented in the financial statements. Public entities will apply the amended guidance prospectively to all disposals occurring within annual periods beginning on or after December 15, 2014 and interim periods within those years. The company will adopt this standard on January 1, 2015. Due to the change in requirements for reporting discontinued operations described above, presentation and disclosures of future disposal transactions after adoption may be different than under current standards.

Note 2. Divestitures and Other Transactions

Glass Laminating Solutions/Vinyls

In November 2013, DuPont entered into a definitive agreement to sell Glass Laminating Solutions/Vinyls (GLS/Vinyls), a part of Packaging & Industrial Polymers, to Kuraray Co. Ltd. for $543, plus the value of the inventories. The sale is expected to close about mid-2014 pending customary closing conditions, including timing of antitrust clearance.

The assets classified as held for sale at March 31, 2014 and December 31, 2013 related to GLS/Vinyls primarily consist of inventory and property, plant and equipment.

7

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Performance Chemicals

On October 24, 2013, DuPont announced that it intends to separate its Performance Chemicals segment through a U.S. tax-free spin-off to shareholders, subject to customary closing conditions. The company expects to complete the separation about mid-2015. During the three months ended March 31, 2014, the company incurred $16 of costs associated with the transaction which were reported in Other operating charges in the interim Consolidated Income Statements. These transaction costs primarily relate to professional fees associated with preparation of regulatory filings and separation activities within finance, legal and information system functions.

Performance Coatings

In February 2013, the company sold its Performance Coatings business to Flash Bermuda Co. Ltd., a Bermuda exempted limited liability company formed by affiliates of The Carlyle Group (collectively referred to as "Carlyle"). The sale resulted in a pre-tax gain of $2,683 ($1,942 net of tax). The gain was recorded in Income from discontinued operations after income taxes in the company's interim Consolidated Income Statements for the three months ended March 31, 2013.

The results of discontinued operations are summarized below:

	Three Months Ended
	March 31,
	2013
Net sales	$	331
Income before income taxes	$	2,715
Provision for income taxes	747
Income from discontinued operations after income taxes	$	1,968

Note 3.  Other Income, Net

	Three Months Ended
	March 31,
	2014			2013
Royalty income	$	38		$	37
Interest income	28			27
Equity in earnings (losses) of affiliates, excluding exchange gains/losses1	13			(7		)
Net gain on sales of other assets	7			5
Net exchange (losses) gains1	(96		)	11
Cozaar®/Hyzaar® income	1			2
Miscellaneous income and expenses, net 2	26			17
Other income, net	$	17		$	92

¹ The company routinely uses foreign currency exchange contracts to offset its net exposures, by currency, related to the foreign currency-denominated monetary assets and liabilities. The objective of this program is to maintain an approximately balanced position in foreign currencies in order to minimize, on an after-tax basis, the effects of exchange rate changes on net monetary asset positions. The net pre-tax exchange gains (losses) are recorded in Other income, net and the related tax impact is recorded in Provision for income taxes on continuing operations on the interim Consolidated Income Statements. Exchange gains (losses) related to earnings of affiliates was $(2) and $5 for the three months ended March 31, 2014 and 2013, respectively. The $(96) net exchange loss for the three months ended March 31, 2014, includes $(39) and $(14) exchange losses, associated with the devaluation of the Ukrainian hryvnia and Argentinian peso, respectively. The $11 net exchange gain for the three months ended March 31, 2013, includes a $(36) exchange loss, associated with the devaluation of the Venezuelan bolivar.

²   Miscellaneous income and expenses, net, generally includes interest items, certain insurance recoveries and litigation settlements, and other items.

8

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Note 4.  Income Taxes

In the first quarter 2014, the company recorded a tax provision on continuing operations of $357, including $28 of tax benefit, primarily associated with the company’s policy of hedging the foreign currency-denominated monetary assets and liabilities of its operations.

In the first quarter 2013, the company recorded a tax provision on continuing operations of $387, including $34 of tax expense, primarily associated with the company's policy of hedging the foreign currency-denominated monetary assets and liabilities of its operations. Included in the provision was a net tax benefit of $42 consisting of a $68 tax benefit derived from the 2013 extension of certain U.S. business tax provisions offset by $26 of tax expense related to the global distribution of the proceeds from the sale of the Performance Coatings business.

Each year the company files hundreds of tax returns in the various national, state and local income taxing jurisdictions in which it operates. These tax returns are subject to examination and possible challenge by the taxing authorities. Positions challenged by the taxing authorities may be settled or appealed by the company. As a result, there is an uncertainty in income taxes recognized in the company’s financial statements in accordance with accounting for income taxes and accounting for uncertainty in income taxes. It is reasonably possible that changes to the company’s global unrecognized tax benefits could be significant, however, due to the uncertainty regarding the timing of completion of audits and possible outcomes, a current estimate of the range of increases or decreases that may occur within the next twelve months cannot be made.

Note 5.  Earnings Per Share of Common Stock

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:

	Three Months Ended
	March 31,
	2014			2013
Numerator:
Income from continuing operations after income taxes attributable to DuPont	$	1,439		$	1,380
Preferred dividends	(2		)	(3		)
Income from continuing operations after income taxes available to DuPont common stockholders	$	1,437		$	1,377
Income from discontinued operations after income taxes	$	—		$	1,968
Net income available to common stockholders	$	1,437		$	3,345
Denominator:
Weighted-average number of common shares outstanding - Basic	923,461,000			928,348,000
Dilutive effect of the company’s employee compensation plans	7,271,000			7,042,000
Weighted-average number of common shares outstanding - Diluted	930,732,000			935,390,000

The following average number of stock options were antidilutive, and therefore, were not included in the diluted earnings per share calculations: 

	Three Months Ended
	March 31,
	2014	2013
Average number of stock options	—	10,384,000

The change in the average number of stock options that were antidilutive in the three months ended March 31, 2014 compared to the same period last year was due to changes in the company’s average stock price.

9

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Note 6. Inventories

	March 31, 2014			December 31, 2013
Finished products	$	4,794		$	4,645
Semi-finished products	2,110			2,576
Raw materials, stores and supplies	1,248			1,360
	8,152			8,581
Adjustment of inventories to a last-in, first-out (LIFO) basis	(542		)	(539		)
Total	$	7,610		$	8,042

Note 7.  Goodwill and Other Intangible Assets

There were no significant changes in goodwill for the three months ended March 31, 2014.

The gross carrying amounts and accumulated amortization of other intangible assets by major class are as follows: 

	March 31, 2014							December 31, 2013
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Intangible assets subject to amortization (Definite-lived):
Customer lists	$	1,811	$	(416	)	$	1,395	$	1,818	$	(393	)	$	1,425
Patents	518		(172		)	346		519		(160		)	359
Purchased and licensed technology	2,015		(1,214		)	801		1,999		(1,129		)	870
Trademarks	43		(18		)	25		43		(17		)	26
Other 1	244		(109		)	135		242		(106		)	136
	4,631		(1,929		)	2,702		4,621		(1,805		)	2,816
Intangible assets not subject to amortization (Indefinite-lived):
In-process research and development	45		—			45		43		—			43
Microbial cell factories 2	306		—			306		306		—			306
Pioneer germplasm 3	1,047		—			1,047		1,050		—			1,050
Trademarks/tradenames	875		—			875		881		—			881
	2,273		—			2,273		2,280		—			2,280
Total	$	6,904	$	(1,929	)	$	4,975	$	6,901	$	(1,805	)	$	5,096

¹   Primarily consists of sales and grower networks, marketing and manufacturing alliances and noncompetition agreements.

²   Microbial cell factories, derived from natural microbes, are used to sustainably produce enzymes, peptides and chemicals using natural metabolic processes. The company recognized the microbial cell factories as an intangible asset upon the acquisition of Danisco. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.

³   Pioneer germplasm is the pool of genetic source material and body of knowledge gained from the development and delivery stage of plant breeding. The company recognized germplasm as an intangible asset upon the acquisition of Pioneer. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.       

The aggregate pre-tax amortization expense from continuing operations for definite-lived intangible assets was $125 and $106 for the three months ended March 31, 2014 and 2013, respectively. The estimated aggregate pre-tax amortization expense from continuing operations for the remainder of 2014 and each of the next five years is approximately $247, $384, $349, $220, $206 and $202, respectively, which is primarily reported in Cost of goods sold.

10

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Note 8.  Commitments and Contingent Liabilities

Guarantees

Indemnifications

In connection with acquisitions and divestitures, the company has indemnified respective parties against certain liabilities that may arise in connection with these transactions and business activities prior to the completion of the transaction. The term of these indemnifications, which typically pertain to environmental, tax and product liabilities, is generally indefinite. In addition, the company indemnifies its duly elected or appointed directors and officers to the fullest extent permitted by Delaware law, against liabilities incurred as a result of their activities for the company, such as adverse judgments relating to litigation matters. If the indemnified party were to incur a liability or have a liability increase as a result of a successful claim, pursuant to the terms of the indemnification, the company would be required to reimburse the indemnified party. The maximum amount of potential future payments is generally unlimited.

Obligations for Equity Affiliates & Others

The company has directly guaranteed various debt obligations under agreements with third parties related to equity affiliates, customers and suppliers. At March 31, 2014 and December 31, 2013, the company had directly guaranteed $563 and $561, respectively, of such obligations. These amounts represent the maximum potential amount of future (undiscounted) payments that the company could be required to make under the guarantees. The company would be required to perform on these guarantees in the event of default by the guaranteed party.

The company assesses the payment/performance risk by assigning default rates based on the duration of the guarantees. These default rates are assigned based on the external credit rating of the counterparty or through internal credit analysis and historical default history for counterparties that do not have published credit ratings. For counterparties without an external rating or available credit history, a cumulative average default rate is used.

In certain cases, the company has recourse to assets held as collateral, as well as personal guarantees from customers and suppliers. Assuming liquidation, these assets are estimated to cover 48 percent of the $374 of guaranteed obligations of customers and suppliers. Set forth below are the company's guaranteed obligations at March 31, 2014:

	Short-Term		Long-Term		Total
Obligations for customers and suppliers1:
Bank borrowings (terms up to 8 years)	$	288	$	84	$	372
Leases on equipment and facilities (terms up to 5 years)	—		2		2
Obligations for equity affiliates2:
Bank borrowings (terms less than 1 year)	189		—		189
Total	$	477	$	86	$	563

¹  Existing guarantees for customers and suppliers, as part of contractual agreements.

² Existing guarantees for equity affiliates' liquidity needs in normal operations.

Imprelis^® 

The company has received claims and has been served with multiple lawsuits alleging that the use of Imprelis^® herbicide caused damage to certain trees. Sales of Imprelis^® were suspended in August 2011 and the product was last applied during the 2011 spring application season. The lawsuits seeking class action status were consolidated in multidistrict litigation in federal court in Philadelphia, Pennsylvania. In February 2014, the court entered the final order dismissing these lawsuits as a result of the class action settlement. The appeal by one class member is pending.

As part of the settlement, DuPont paid about $7 in plaintiffs' attorney fees and expenses. In addition, DuPont is providing a warranty against new damage, if any, caused by the use of Imprelis^® on class members' properties through May 2015. Certain class members opted out of the settlement. The opt-outs have filed about 125 individual actions encompassing about 400 claims for property and related damage in state court in various jurisdictions. DuPont has removed most of these cases to federal court in Philadelphia, Pennsylvania. Once removed to federal court, the individual actions remain stayed pending further action by the court.

The company has established review processes to verify and evaluate damage claims. There are several variables that impact the evaluation process including the number of trees on a property, the species of tree with reported damage, the height of the tree, the extent of damage and the possibility for trees to naturally recover over time. Upon receiving claims, DuPont verifies their accuracy and validity which often requires physical review of the property.

11

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

At March 31, 2014, DuPont had recorded charges of $1,175, within Other operating charges, to resolve these claims, which represents the company's best estimate of the loss associated with resolving these claims. The company did not take any charges related to this matter during the three months ended March 31, 2014. The three months ended March 31, 2013 included charges of $35. At March 31, 2014, DuPont had accruals of $426 related to these claims. The company has an applicable insurance program with a deductible equal to the first $100 of costs and expenses. The insurance program limits are $725 for costs and expenses in excess of the $100. DuPont has submitted and will continue to submit requests for payment to its insurance carriers for costs associated with this matter. The company has begun to receive payment from its insurance carriers and continues to seek recovery although the timing and outcome remain uncertain. To date the company has received insurance recoveries of $73.

Litigation

The company is subject to various legal proceedings arising out of the normal course of its business including product liability, intellectual property, commercial, environmental and antitrust lawsuits. It is not possible to predict the outcome of these various proceedings. Except as otherwise noted, management does not anticipate their resolution will have a materially adverse effect on the company's consolidated financial position or liquidity.  However, the ultimate liabilities could be significant to results of operations in the period recognized.  

PFOA 

DuPont used PFOA (collectively, perfluorooctanoic acids and its salts, including the ammonium salt), as a processing aid to manufacture some fluoropolymer resins at various sites around the world including its Washington Works plant in West Virginia. At March 31, 2014, DuPont has accruals of $15 related to the PFOA matters discussed below.

The accrual includes charges related to DuPont's obligations under agreements with the U.S. Environmental Protection Agency and voluntary commitments to the New Jersey Department of Environmental Protection.  These obligations and voluntary commitments include surveying, sampling and testing drinking water in and around certain company sites and offering treatment or an alternative supply of drinking water if tests indicate the presence of PFOA in drinking water at or greater than the national Provisional Health Advisory.

Drinking Water Actions

In August 2001, a class action, captioned Leach v DuPont, was filed in West Virginia state court alleging that residents living near the Washington Works facility had suffered, or may suffer, deleterious health effects from exposure to PFOA in drinking water.

DuPont and attorneys for the class reached a settlement in 2004 that binds about 80,000 residents. In 2005, DuPont paid the plaintiffs’ attorneys’ fees and expenses of $23 and made a payment of $70, which class counsel designated to fund a community health project.  The company funded a series of health studies which were completed in October 2012 by an independent science panel of experts (the “C8 Science Panel”). The studies were conducted in communities exposed to PFOA to evaluate available scientific evidence on whether any probable link exists, as defined in the settlement agreement, between exposure to PFOA and human disease.

The C8 Science Panel found probable links, as defined in the settlement agreement, between exposure to PFOA and pregnancy-induced hypertension, including preeclampsia; kidney cancer; testicular cancer; thyroid disease; ulcerative colitis; and diagnosed high cholesterol.

In May 2013, a panel of three independent medical doctors released its initial recommendations for screening and diagnostic testing of eligible class members. The medical panel is expected to address monitoring and may make additional recommendations in a subsequent report.  The medical panel has not communicated its anticipated schedule for completion. The company is obligated to fund up to $235 for a medical monitoring program for eligible class members.  In January 2012, the company put $1 in an escrow account to fund medical monitoring as required by the settlement agreement.  The court has appointed a Medical Monitoring Director to implement the medical panel's recommendations who is in the process of setting up a program.  Testing has not yet begun and no money has been disbursed from the fund. 

In addition, under the settlement agreement, the company must continue to provide water treatment designed to reduce the level of PFOA in water to six area water districts, including the Little Hocking Water Association (LHWA), and private well users.

12

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Class members may pursue personal injury claims against DuPont only for those human diseases for which the C8 Science Panel determined a probable link exists. At March 31, 2014, the multi-district litigation in Ohio federal court (“MDL”) included 104 lawsuits, an increase of 21 cases over year-end 2013. These lawsuits, some of which have more than one plaintiff, were filed in federal court in Ohio and West Virginia. The MDL lawsuits allege personal injury and 6 of them allege wrongful death from exposure to PFOA in drinking water. In March 2014, 900 lawsuits alleging personal injury on substantially similar grounds as the MDL were filed in state court in Wood County, West Virginia. At March 31, 2014, these 900 lawsuits had not been served on the company. Based on comments from attorneys for the plaintiffs, DuPont expects additional lawsuits may be filed. DuPont denies the allegations in these lawsuits and is defending itself vigorously.

Additional Actions

An Ohio action brought by the LHWA is ongoing. In addition to general claims of PFOA contamination of drinking water, the action claims “imminent and substantial endangerment to health and or the environment” under the Resource Conservation and Recovery Act (RCRA). DuPont denies these claims and is defending itself vigorously.

While it is probable that the company will incur losses related to funding the medical monitoring program, such losses cannot be reasonably estimated due to uncertainties surrounding implementation. DuPont believes that it is reasonably possible that it could incur losses related to the other PFOA matters discussed above; however, a range of such losses, if any, cannot be reasonably estimated at this time.

Environmental

The company is also subject to contingencies pursuant to environmental laws and regulations that in the future may require the company to take further action to correct the effects on the environment of prior disposal practices or releases of chemical or petroleum substances by the company or other parties. The company accrues for environmental remediation activities consistent with the policy as described in the company's 2013 Annual Report in Note 1, “Summary of Significant Accounting Policies.” Much of this liability results from the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA, often referred to as Superfund), RCRA and similar state and global laws. These laws require the company to undertake certain investigative, remediation and restoration activities at sites where the company conducts or once conducted operations or at sites where company-generated waste was disposed. The accrual also includes estimated costs related to a number of sites identified by the company for which it is probable that environmental remediation will be required, but which are not currently the subject of enforcement activities.

Remediation activities vary substantially in duration and cost from site to site. These activities, and their associated costs, depend on the mix of unique site characteristics, evolving remediation technologies, diverse regulatory agencies and enforcement policies, as well as the presence or absence of potentially responsible parties. At March 31, 2014, the Condensed Consolidated Balance Sheet included a liability of $467, relating to these matters and, in management's opinion, is appropriate based on existing facts and circumstances. The average time frame over which the accrued or presently unrecognized amounts may be paid, based on past history, is estimated to be 15-20 years. Considerable uncertainty exists with respect to these costs and, under adverse changes in circumstances, potential liability may range up to three times the amount accrued as of March 31, 2014.

Note 9.  Stockholders’Equity

Share Repurchase Program

In January 2014, the company's Board of Directors authorized a $5,000 share buyback plan that replaced the 2011 plan. There is no required completion date for purchases under the 2014 plan. In February 2014, the company entered into an accelerated share repurchase (ASR) agreement with a financial institution. Under the terms of the ASR agreement, in February 2014, the Company paid $1,000 to the financial institution and received and retired an initial delivery of 12.5 million shares, which represents 80 percent of the $1,000 notional amount of the ASR agreement. The purchase price per share and final number of shares retired will be determined using the volume-weighted price of the company's stock over the term of the ASR agreement. This ASR will be completed in the second quarter 2014. In February 2014, the company also repurchased 1.0 million shares in the open market at an average price of $61.32 per share for a total of $61. These shares were retired upon repurchase.

In December 2012, the company's Board of Directors authorized a $1,000 share buyback plan. In February 2013, the company entered into an ASR agreement with a financial institution under which the company used $1,000 of the proceeds from the sale of Performance Coatings for the purchase of shares of common stock. The 2012 $1,000 share buyback plan was completed in the second quarter 2013 through the ASR agreement, under which the company purchased and retired 20.4 million shares.

13

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Other Comprehensive Income (Loss)

A summary of the changes in other comprehensive income (loss) for the three months ended March 31, 2014 and 2013 is provided as follows:

	Three Months Ended									Three Months Ended									Affected Line Item in Consolidated Income Statements1
	March 31, 2014									March 31, 2013
	Pre-Tax			Tax			After-Tax			Pre-Tax			Tax			After-Tax
Cumulative translation adjustment	$	(72	)	$	—		$	(72	)	$	(209	)	$	—		$	(209	)
Net revaluation and clearance of cash flow hedges to earnings:
Additions and revaluations of derivatives designated as cash flow hedges	38			(14		)	24			(16		)	7			(9		)	See (2) below
Clearance of hedge results to earnings:
Foreign currency contracts	1			—			1			4			(1		)	3			Net sales
Commodity contracts	17			(7		)	10			(14		)	5			(9		)	Cost of goods sold
Net revaluation and clearance of cash flow hedges to earnings	56			(21		)	35			(26		)	11			(15		)
Pension benefit plans:
Net gain	1			—			1			56			(14		)	42			See (2) below
Reclassifications to net income:
Amortization of prior service cost	1			—			1			3			(1		)	2			See (3) below
Amortization of loss	149			(51		)	98			241			(82		)	159			See (3) below
Curtailment loss	—			—			—			1			—			1			See (3) below
Settlement loss	—			—			—			152			(45		)	107			See (3) below
Pension benefit plans, net	151			(51		)	100			453			(142		)	311
Other benefit plans:
Net gain	—			—			—			17			(6		)	11			See (2) below
Reclassifications to net income:
Amortization of prior service benefit	(53		)	19			(34		)	(48		)	17			(31		)	See (3) below
Amortization of loss	14			(4		)	10			27			(9		)	18			See (3) below
Curtailment gain	—			—			—			(154		)	54			(100		)	See (3) below
Settlement loss	—			—			—			1			—			1			See (3) below
Other benefit plans, net	(39		)	15			(24		)	(157		)	56			(101		)
Net unrealized loss on securities	—			—			—			(2		)	—			(2		)
Other comprehensive income (loss)	$	96		$	(57	)	$	39		$	59		$	(75	)	$	(16	)

¹  Represents the income statement line item within the interim Consolidated Income Statement affected by the pre-tax reclassification out of other comprehensive income (loss).

²  These amounts represent changes in accumulated other comprehensive income excluding changes due to reclassifying amounts to the interim Consolidated Income Statements.

³  These accumulated other comprehensive income components are included in the computation of net periodic benefit cost of the company's pension and other long-term employee benefit plans. See Note 11 for additional information.

14

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

The changes and after-tax balances of components comprising accumulated other comprehensive loss are summarized below:

	Cumulative Translation Adjustment			Net Revaluation and Clearance of Cash Flow Hedges to Earnings			Pension Benefit Plans			Other Benefit Plans			Unrealized Gain on Securities		Total
2014
Balance January 1, 2014	$	(140	)	$	(48	)	$	(5,749	)	$	494		$	2	$	(5,441	)
Other comprehensive (loss) income before reclassifications	(72		)	24			1			—			—		(47		)
Amounts reclassified from accumulated other comprehensive loss	—			11			99			(24		)	—		86
Balance March 31, 2014	$	(212	)	$	(13	)	$	(5,649	)	$	470		$	2	$	(5,402	)

	Cumulative Translation Adjustment			Net Revaluation and Clearance of Cash Flow Hedges to Earnings			Pension Benefit Plans			Other Benefit Plans			Unrealized Gain on Securities			Total
2013
Balance January 1, 2013	$	(167	)	$	3		$	(8,686	)	$	202		$	2		$	(8,646	)
Other comprehensive (loss) income before reclassifications	(209		)	(9		)	42			11			—			(165		)
Amounts reclassified from accumulated other comprehensive loss	—			(6		)	269			(112		)	(2		)	149
Balance March 31, 2013	$	(376	)	$	(12	)	$	(8,375	)	$	101		$	—		$	(8,662	)

Note 10. Financial Instruments

Debt

The estimated fair value of the company's total debt including interest rate financial instruments was determined using level 2 inputs within the fair value hierarchy, as described in the company's 2013 Annual Report in Note 1,“Summary of Significant Accounting Policies.”Based on quoted market prices for the same or similar issues or on current rates offered to the company for debt of the same remaining maturities, the fair value of the company's debt was approximately$11,930and$12,860as ofMarch 31, 2014andDecember 31, 2013, respectively. The decrease was primarily due to debt maturities during the three months ended March 31, 2014.

Cash Equivalents

The fair value of cash equivalents approximates its stated value.  The estimated fair value of the company's cash equivalents was determined using level 1 and level 2 inputs within the fair value hierarchy, as described in the company's 2013 Annual Report in Note 1,“Summary of Significant Accounting Policies.”  Level 1 measurements are based on quoted market prices and level 2 measurements are based on current interest rates for similar instruments with comparable credit risk and time to maturity.  The company held $271 and $5,116 of money market funds (level 1 measurements) as of March 31, 2014 and December 31, 2013, respectively.  The company held $2,061 and $2,256 of other cash equivalents (level 2 measurements) as of March 31, 2014 and December 31, 2013, respectively.     

Derivative Instruments

Objectives and Strategies for Holding Derivative Instruments

In the ordinary course of business, the company enters into contractual arrangements (derivatives) to reduce its exposure to foreign currency, interest rate and commodity price risks. The company has established a variety of derivative programs to be utilized for financial risk management. These programs reflect varying levels of exposure coverage and time horizons based on an assessment of risk.

Derivative programs have procedures and controls and are approved by the Corporate Financial Risk Management Committee, consistent with the company's financial risk management policies and guidelines. Derivative instruments used are forwards, options, futures and swaps. The company has not designated any nonderivatives as hedging instruments.

15

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

The company's financial risk management procedures also address counterparty credit approval, limits and routine exposure monitoring and reporting. The counterparties to these contractual arrangements are major financial institutions and major commodity exchanges. The company is exposed to credit loss in the event of nonperformance by these counterparties. The company utilizes collateral support annex agreements with certain counterparties to limit its exposure to credit losses. The company's derivative assets and liabilities are reported on a gross basis in the Condensed Consolidated Balance Sheets. The company anticipates performance by counterparties to these contracts and therefore no material loss is expected. Market and counterparty credit risks associated with these instruments are regularly reported to management.

The notional amounts of the company's derivative instruments were as follows:

	March 31, 2014		December 31, 2013
Derivatives designated as hedging instruments:
Interest rate swaps	$	1,000	$	1,000
Foreign currency contracts	865		1,107
Commodity contracts	358		606
Derivatives not designated as hedging instruments:
Foreign currency contracts	10,822		9,553
Commodity contracts	238		281

Foreign Currency Risk

The company's objective in managing exposure to foreign currency fluctuations is to reduce earnings and cash flow volatility associated with foreign currency rate changes. Accordingly, the company enters into various contracts that change in value as foreign exchange rates change to protect the value of its existing foreign currency-denominated assets, liabilities, commitments and cash flows.

The company routinely uses forward exchange contracts to offset its net exposures, by currency, related to the foreign currency-denominated monetary assets and liabilities of its operations. The primary business objective of this hedging program is to maintain an approximately balanced position in foreign currencies so that exchange gains and losses resulting from exchange rate changes, net of related tax effects, are minimized. The company also uses foreign currency exchange contracts to offset a portion of the company's exposure to certain foreign currency-denominated revenues so that gains and losses on these contracts offset changes in the USD value of the related foreign currency-denominated revenues. The objective of the hedge program is to reduce earnings and cash flow volatility related to changes in foreign currency exchange rates.

Interest Rate Risk

The company uses interest rate swaps to manage the interest rate mix of the total debt portfolio and related overall cost of borrowing. Interest rate swaps involve the exchange of fixed for floating rate interest payments to effectively convert fixed rate debt into floating rate debt based on USD LIBOR. Interest rate swaps allow the company to achieve a target range of floating rate debt.

Commodity Price Risk

Commodity price risk management programs serve to reduce exposure to price fluctuations on purchases of inventory such as copper, corn, soybeans and soybean meal. The company enters into over-the-counter and exchange-traded derivative commodity instruments to hedge the commodity price risk associated with energy feedstock and agricultural commodity exposures.

Fair Value Hedges

Interest Rate Swaps

At March 31, 2014, the company maintained a number of interest rate swaps, which were implemented at the time debt instruments were issued. All interest rate swaps qualify for the shortcut method of hedge accounting, thus there is no ineffectiveness related to these hedges.

Cash Flow Hedges

Foreign Currency Contracts

The company uses foreign currency exchange instruments such as forwards and options to offset a portion of the company's exposure to certain foreign currency-denominated revenues so that gains and losses on these contracts offset changes in the USD value of the related foreign currency-denominated revenues.

16

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Commodity Contracts

The company enters into over-the-counter and exchange-traded derivative commodity instruments, including options, futures and swaps, to hedge the commodity price risk associated with energy feedstock and agriculture commodity exposures.

While each risk management program has a different time maturity period, most programs currently do not extend beyond the next two-year period. Cash flow hedge results are reclassified into earnings during the same period in which the related exposure impacts earnings. Reclassifications are made sooner if it appears that a forecasted transaction will not materialize. The following table summarizes the after-tax effect of cash flow hedges on accumulated other comprehensive loss for the three months ended March 31, 2014 and 2013:

	Three Months Ended
	March 31,
	2014			2013
Beginning balance	$	(48	)	$	3
Additions and revaluations of derivatives designated as cash flow hedges	24			(9		)
Clearance of hedge results to earnings	11			(6		)
Ending balance	$	(13	)	$	(12	)

At March 31, 2014, the after-tax amount expected to be reclassified from accumulated other comprehensive loss into earnings over the next 12 months is $(13).

Derivatives not Designated in Hedging Relationships

Foreign Currency Contracts

The company routinely uses forward exchange contracts to reduce its net exposure, by currency, related to foreign currency-denominated monetary assets and liabilities of its operations so that exchange gains and losses resulting from exchange rate changes are minimized. The netting of such exposures precludes the use of hedge accounting; however, the required revaluation of the forward contracts and the associated foreign currency-denominated monetary assets and liabilities intends to achieve a minimal earnings impact, after taxes. Additionally, the company had cross-currency swaps to hedge foreign currency fluctuations on long-term intercompany loans. These swaps matured during 2013.

Commodity Contracts

The company utilizes options, futures and swaps that are not designated as hedging instruments to reduce exposure to commodity price fluctuations on purchases of inventory such as corn, soybeans and soybean meal.

17

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Fair Values of Derivative Instruments

The table below presents the fair values of the company's derivative assets and liabilities within the fair value hierarchy, as described in the company's 2013 Annual Report in Note 1, “Summary of Significant Accounting Policies.”

		Fair Value Using Level 2 Inputs
	Balance Sheet Location	March 31, 2014		December 31, 2013
Asset derivatives:
Derivatives designated as hedging instruments:
Interest rate swaps1	Other assets	$	22	$	29
Foreign currency contracts	Accounts and notes receivable, net	4		6
		26		35
Derivatives not designated as hedging instruments:
Foreign currency contracts2	Accounts and notes receivable, net	46		86
Total asset derivatives3		$	72	$	121
Cash collateral1,2	Other accrued liabilities	$	13	$	30
Liability derivatives:
Derivatives designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	$	1	$	4
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	79		70
Commodity contracts	Other accrued liabilities	2		1
		81		71
Total liability derivatives3		$	82	$	75

¹  Cash collateral held as of March 31, 2014 and December 31, 2013 represents $12 and $17, respectively, related to interest rate swap derivatives designated as hedging instruments.

²  Cash collateral held as of March 31, 2014 and December 31, 2013 represents $1 and $13, respectively, related to foreign currency derivatives not designated as hedging instruments.

³  The company's derivative assets and liabilities subject to enforceable master netting arrangements totaled $35 at March 31, 2014 and $54 at December 31, 2013.

18

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Effect of Derivative Instruments

	Amount of Gain (Loss) Recognized in OCI1 (Effective Portion)						Amount of Gain (Loss) Recognized in Income2
Three Months Ended March 31,	2014			2013			2014			2013			Income Statement Classification
Derivatives designated as hedging instruments:
Fair value hedges:
Interest rate swaps	$	—		$	—		$	(7	)	$	(7	)	Interest expense3
Cash flow hedges:
Foreign currency contracts	(1		)	14			(1		)	(4		)	Net sales
Commodity contracts	39			(30		)	(17		)	14			Cost of goods sold
	38			(16		)	(25		)	3
Derivatives not designated as hedging instruments:
Foreign currency contracts	—			—			(46		)	106			Other income, net4
Commodity contracts	—			—			(24		)	6			Cost of goods sold
	—			—			(70		)	112
Total derivatives	$	38		$	(16	)	$	(95	)	$	115

¹   OCI is defined as other comprehensive income (loss).

²   For cash flow hedges, this represents the effective portion of the gain (loss) reclassified from accumulated OCI into income during the period. For the three months ended March 31, 2014 and 2013, there was no material ineffectiveness with regard to the company's cash flow hedges.

³   Gain (loss) recognized in income of derivative is offset to $0 by gain (loss) recognized in income of the hedged item.

⁴   Gain (loss) recognized in other income, net, was partially offset by the related gain (loss) on the foreign currency-denominated monetary assets and liabilities of the company's operations, which were $(50) and $(95) for the three months ended March 31, 2014 and 2013, respectively.

19

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Note 11. Long-Term Employee Benefits

Pension Plans

In February 2013, DuPont completed the sale of its Performance Coatings business. As a result of the sale, the company recorded settlement and curtailment losses of $153. See Note 2 for additional information.

The following sets forth the components of the company’s net periodic benefit cost for pensions:  

	Three Months Ended
	March 31,
	2014			2013
Service cost	$	60		$	71
Interest cost	292			273
Expected return on plan assets	(402		)	(382		)
Amortization of loss	149			241
Amortization of prior service cost	1			3
Curtailment loss	—			1
Settlement loss	—			152
Net periodic benefit cost	$	100		$	359

Other Long-Term Employee Benefit Plans

In conjunction with the sale of the Performance Coatings business noted above, the company recorded a net $153 settlement and curtailment gain. See Note 2 for additional information.

The following sets forth the components of the company’s net periodic benefit cost for other long-term employee benefits:  

	Three Months Ended
	March 31,
	2014			2013
Service cost	$	4		$	8
Interest cost	31			33
Amortization of loss	14			27
Amortization of prior service benefit	(53		)	(48		)
Curtailment gain	—			(154		)
Settlement loss	—			1
Net periodic benefit cost	$	(4	)	$	(133	)

20

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in millions, except per share)

Note 12.  Segment Information

Segment sales include transfers to another business segment. Segment pre-tax operating income (loss) (PTOI) is defined as income (loss) from continuing operations before income taxes excluding non-operating pension and other postretirement employee benefit costs, exchange gains (losses), corporate expenses and interest.

The earnings from the previous Pharmaceuticals segment are expected to be insignificant in 2014 and therefore, effective January 1, 2014, the results are reported within Other. Reclassifications of prior year data have been made to conform to current year classifications.

Three Months Ended March 31,	Agriculture1			Electronics & Communications		Industrial Biosciences		Nutrition & Health		Performance Chemicals		Performance Materials		Safety & Protection		Other			Total
2014
Segment sales	$	4,394		$	580	$	301	$	861	$	1,532	$	1,593	$	947	$	1		$	10,209
Less: Transfers	3			3		3		—		57		14		1		—			81
Net sales	4,391			577		298		861		1,475		1,579		946		1			10,128
PTOI	1,442			75		56		93		200		299		175		(92		)	2,248
2013
Segment sales	$	4,669		$	616	$	289	$	868	$	1,585	$	1,559	$	907	$	1		$	10,494
Less: Transfers	5			4		3		—		54		19		1		—			86
Net sales	4,664			612		286		868		1,531		1,540		906		1			10,408
PTOI	1,481		2	49		41		76		251		292		138		(87		)	2,241

¹  As of March 31, 2014, Agriculture net assets were $9,196, an increase of $3,313 from $5,883 at December 31, 2013. The increase was primarily due to higher trade receivables due to normal seasonality in the sales and cash collections cycle.

²  Included charges of $(35) during the three months ended March 31, 2013, recorded in Other operating charges associated with the company's process to fairly resolve claims associated with the use of Imprelis^®. See Note 8 for additional information.

Reconciliation to Consolidated Income Statements 

	Three Months Ended March 31,
	2014			2013
Total segment PTOI	$	2,248		$	2,241
Non-operating pension and other postretirement employee benefit costs	(30		)	(147		)
Net exchange (losses) gains, including affiliates	(96		)	11
Corporate expenses	(217		)	(214		)
Interest expense	(103		)	(117		)
Income from continuing operations before income taxes	$	1,802		$	1,774

21

Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Cautionary Statements About Forward-Looking Statements

This report contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, regulatory approval, market position, anticipated benefits of recent acquisitions, outcome of contingencies, such as litigation and environmental matters, expenditures and financial results, are forward-looking statements.

Forward-looking statements are based on certain assumptions and expectations of future events which may not be accurate or realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the company's control. Some of the important factors that could cause the company's actual results to differ materially from those projected in any such forward-looking statements are:

• Fluctuations in energy and raw material prices;

• Failure to develop and market new products and optimally manage product life cycles;

• Outcome of significant litigation and environmental matters, including those related to divested businesses;

• Failure to appropriately manage process safety and product stewardship issues;

• Effect of changes in tax, environmental and other laws and regulations or political conditions in the United States of America (U.S.) and other countries in which the company operates;

• Conditions in the global economy and global capital markets, including economic factors, such as inflation, deflation and fluctuations in currency exchange rates, interest rates and commodity prices, as well as regulatory requirements;

• Impact of business disruptions, including supply disruptions, and security threats, regardless of cause, including acts of sabotage, cyber-attacks, terrorism or war, weather events and natural disasters;

• Ability to protect and enforce the company's intellectual property rights; and

• Successful integration of acquired businesses and separation of underperforming or non-strategic assets or businesses, including proposed spin-off of the Performance Chemicals segment.

For additional information on these and other risks and factors that could affect our forward-looking statements, see the company's Risk Factors set forth under Part I, Item 1A of the company's 2013 Annual Report.

Recent Developments

Separation of Performance Chemicals

On October 24, 2013, DuPont announced that it intends to separate its Performance Chemicals segment through a U.S. tax-free spin-off to shareholders, subject to customary closing conditions. The company expects to complete the separation about mid-2015. As part of the separation, DuPont incurred $16 million in transaction costs in the first quarter 2014, which were recorded in Other operating charges. For full-year 2014, costs associated with the separation are expected to be about $170 million ($0.13 per share). The company expects to incur additional costs related to the separation in 2015. These transaction costs primarily relate to professional fees associated with preparation of regulatory filings and separation activities within finance, legal and information system functions.

Venezuelan Foreign Currency Translation

During the first quarter 2014, the Venezuelan government enacted certain changes to the country’s foreign exchange systems including the expansion of the use of the Complementary System of Foreign Currency Acquirement (“SICAD 1”) auction rate and introduction of the SICAD 2 auction process. The official exchange rate continues to be set through the National Center for Foreign Commerce (CENCOEX, previously CADIVI) at 6.3 Bolivar Fuerte (BsF) to U.S. dollar (USD). The SICAD 1 and SICAD 2 exchange rates were 10.70 BsF and 50.85 BsF, respectively, at March 31, 2014. The company is evaluating the Venezuelan government’s recent actions affecting foreign exchange systems including restrictions, limitations and ability to obtain USD at a particular rate or through a specific exchange mechanism in relation to DuPont's in-country operations. Due to the limited period in which these exchanges have existed, the company believes there is considerable uncertainty regarding the company's ability and intent to settle transactions through either SICAD 1 or SICAD 2. At March 31, 2014, the company continues to use the official CENCOEX rate to re-measure its Venezuelan net monetary assets. If the company had re-measured its Venezuelan net monetary assets using either the SICAD 1 or SICAD 2 rate as of March 31, 2014, the company would have recorded a charge to Other income, net of approximately $30 million ($20 million after tax) or approximately $60 million ($50 million after tax), respectively. See Note 1 to the interim Consolidated Financial Statements for additional information.

22

Results of Operations

Overview

The following is a summary of the results of continuing operations for the three months ended March 31, 2014:

• Net Sales were $10.1 billion, 3 percent below prior year, reflecting 1 percent lower volume, 1 percent lower selling prices, and a 1 percent adverse currency impact.

• Total segment pre-tax operating income (PTOI) of $2.2 billion was essentially flat with prior year. PTOI increased in 5 of the 7 segments primarily driven by increased sales volumes. Agriculture PTOI of $1.4 billion decreased 3 percent on lower volumes due to differences in timing of seed shipments and planted area, partly offset by the absence of prior-year charges related to Imprelis^® herbicide claims. Performance Chemicals PTOI declined 20 percent due to lower selling prices.

• Income from continuing operations after income taxes was $1.4 billion, an increase of 4 percent from the same period last year.

• Management believes the adverse weather conditions in the first quarter 2014 impacted results by an estimated $0.07 per share reflecting increased operating costs and lost sales.

Net Sales

Net sales for the first quarter were $10.1 billion versus $10.4 billion in the prior year reflecting 1 percent lower selling prices, 1 percent lower volume, and a 1 percent adverse currency impact. Higher Agriculture selling prices were more than offset by lower prices in Performance Chemicals and Electronics & Communications. Volume reflects the earlier timing of seed shipments and lower corn planted area in the Agriculture segment and the impact of harsh winter weather conditions in North America. This was partially offset by worldwide volume increases in 5 segments, supported by 6 percent volume growth in EMEA and Asia Pacific. Negative currency impact principally reflects a weaker Japanese Yen, Brazilian Real, and Indian Rupee, partly offset by a stronger Euro and Chinese Yuan.

The table below shows a regional breakdown of net sales based on location of customers and percentage variances from the prior year: 

	Three Months Ended March 31, 2014				Percent Change Due to:
	Net Sales ($ Billions)		Percent Change vs. 2013		Local Price		Currency Effect		Volume		Portfolio/Other
Worldwide	$	10.1	(3	)	(1	)	(1	)	(1	)	—
U.S. & Canada	4.4		(8	)	—		—		(7	)	(1	)
Europe, Middle East & Africa (EMEA)	3.0		8		1		1		6		—
Asia Pacific	1.7		—		(3	)	(3	)	6		—
Latin America	1.0		(10	)	(1	)	(4	)	(5	)	—

Other Income, Net

Other income, net, totaled $17 million for the first quarter 2014, a decrease of $75 million compared to $92 million in the prior year. The decrease was due primarily to $107 million higher pre-tax exchange losses partially offset by $20 million higher income related to equity method investments.

Additional information related to the company's other income, net, is included in Note 3 to the interim Consolidated Financial Statements.

Cost of Goods Sold (COGS)

COGS totaled $6.0 billion in the first quarter 2014 versus $6.2 billion in the prior year, a 3 percent decrease, principally due to decreases in pension and other postretirement employee benefit (OPEB) costs and lower raw material costs.  COGS was approximately 59 percent of net sales for the first quarter 2014 and 2013.

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Other Operating Charges

Other operating charges totaled $797 million in the first quarter 2014 versus $912 million in the prior year, a 13 percent decrease, primarily due to lower manufacturing and corporate overhead costs, and reduced costs for pension and OPEB. Other operating charges includes $16 million of costs associated with the separation of the Performance Chemicals Segment. See Note 2 to the interim Consolidated Financial Statements for more information related to this matter.

Selling, General and Administrative Expenses (SG&A)

SG&A totaled $925 million for the first quarter 2014 versus $983 million in the prior year. The decrease was primarily due to reduced sales commissions within the Agriculture segment, cost savings in administrative functions as a result of the 2012 restructuring program as well as reduced pension and OPEB costs. SG&A was 9 percent of net sales for the first quarter 2014 and 2013.

Research and Development Expense (R&D)

R&D totaled $518 million and $521 million for the first quarter 2014 and 2013, respectively. The decrease was primarily due to lower pension and OPEB costs. R&D was approximately 5 percent of net sales for the first quarter 2014 and 2013.

Interest Expense

Interest expense totaled $103 million in the first quarter 2014, compared to $117 million in 2013. The decrease was due to lower average borrowings.

Provision for Income Taxes on Continuing Operations

The company's effective tax rate for the first quarter 2014 was 19.8 percent on pre-tax income from continuing operations as compared to 21.8 percent on pre-tax income from continuing operations in 2013. The lower effective tax rate principally relates to a favorable settlement in the first quarter 2014 in addition to geographic mix of earnings.

See Note 4 to the interim Consolidated Financial Statements for additional information.

Income from Continuing Operations after Income Taxes

Income from continuing operations after income taxes for first quarter 2014 of $1,445 million, increased 4 percent versus $1,387 million in the same period last year principally due to lower income taxes, lower pension and OPEB related costs, and lower interest expense, in addition to the reasons noted above.

Recent Accounting Pronouncements

See Note 1 to the interim Consolidated Financial Statements for a description of recent accounting pronouncements.

24

Segment Reviews

Summarized below are comments on individual segment sales and PTOI for the three month period ended March 31, 2014 compared with the same period in 2013. Segment PTOI is defined as income (loss) from continuing operations before income taxes excluding non-operating pension and other postretirement employee benefit costs, exchange gains (losses), corporate expenses and interest. All references to prices are on a U.S. dollar (USD) basis, including the impact of currency. A reconciliation of segment sales to consolidated net sales and segment PTOI to income from continuing operations before income taxes for the three month period ended March 31, 2014 and 2013 is included in Note 12 to the interim Consolidated Financial Statements.

The following table summarizes first quarter 2014 segment sales and related variances versus first quarter 2013:

	Three Months Ended
	March 31, 2014				Percentage Change Due to:
	Segment Sales ($ Billions)		Percent Change vs. 2013		Price		Volume		Portfolio and Other
Agriculture	$	4.4	(6	)	1		(7	)	—
Electronics & Communications	0.6		(6	)	(12	)	6		—
Industrial Biosciences	0.3		4		(1	)	5		—
Nutrition & Health	0.9		(1	)	(1	)	—		—
Performance Chemicals	1.5		(3	)	(7	)	6		(2	)
Performance Materials	1.6		2		—		2		—
Safety & Protection	0.9		4		(1	)	5		—

Agriculture - Segment sales of $4,394 million declined $275 million, or 6 percent, on lower volumes due to earlier timing of seed shipments, lower corn planted area in Brazil's Safrinha season and in North America, and lower herbicide volumes in North America, partially offset by higher insecticide volumes in Latin America. Price increased 1 percent, despite a 2 percent negative currency impact. PTOI of $1,442 million declined $39 million, or 3 percent, due to lower volumes partially offset by higher seed pricing, lower seed input costs, and the absence of a prior year charge of $35 million related to Imprelis^® claims. The earlier timing of seed shipments caused approximately $100 million of PTOI to be realized in the fourth quarter 2013 rather than first quarter this year. See Note 8 to the interim Consolidated Financial Statements for more information related to the Imprelis^® matter.

Electronics & Communications - Segment sales of $580 million declined $36 million, or 6 percent, largely due to the pass-through of substantially lower metals prices, partially offset by higher sales volumes, mainly in photovoltaic markets. PTOI of $75 million increased $26 million, or 53 percent, largely due to higher sales volumes.

Industrial Biosciences - Segment sales of $301 million increased $12 million, or 4 percent, on increased enzyme demand for ethanol production. PTOI of $56 million increased $15 million, or 37 percent, from increased enzyme demand and lower costs.

Nutrition & Health - Segment sales of $861 million decreased $7 million, or 1 percent, as price gains were more than offset by unfavorable currency. PTOI of $93 million increased $17 million, or 22 percent, driven by improved product mix, productivity gains and lower raw material costs.

Performance Chemicals - Segment sales of $1,532 million decreased $53 million, or 3 percent, as increased volumes, primarily for titanium dioxide and fluoroproducts, were more than offset by lower prices. PTOI of $200 million decreased $51 million, or 20 percent, due primarily to lower prices in fluoroproducts, principally refrigerants. Higher raw material and energy costs as a result of the adverse weather and lower titanium dioxide prices were also contributors to the decline in PTOI.  This was partially offset by higher volumes and productivity improvements.

Performance Materials - Segment sales of $1,593 million increased $34 million, or 2 percent on higher sales into automotive markets. Volumes increased in all regions outside of North America, as North America volumes were constrained in preparation for a second quarter scheduled ethylene production unit outage. PTOI of $299 million increased $7 million, or 2 percent, reflecting stronger volumes in automotive markets, largely offset by higher ethane and natural gas costs due primarily to weather related factors.

Safety & Protection - Segment sales of $947 million increased $40 million, or 4 percent, on higher volumes driven by sales of building materials and aramids products. PTOI of $175 million increased $37 million, or 27 percent, primarily due to productivity gains and higher volumes.

25

Liquidity & Capital Resources

Information related to the company's liquidity and capital resources can be found on page 28 of the company's 2013 Annual Report. Discussion below provides the updates to this information for the three months ended March 31, 2014.

(Dollars in millions)	March 31, 2014		December 31, 2013
Cash, cash equivalents and marketable securities	$	3,849	$	9,086
Total debt	11,317		12,462

Total debt at March 31, 2014 was $11.3 billion, a decrease of $1.1 billion from $12.5 billion at December 31, 2013.  The decrease was primarily due to debt maturities during the three months ended March 31, 2014.

Summary of Cash Flows 

Cash used for operating activities was $2.4 billion for the three months ended March 31, 2014 compared to cash used for operating activities of $2.7 billion during the same period last year. The $0.3 billion change was primarily due to lower year-over-year income tax payments.

The change in other operating charges and credits - net for the three months ended March 31, 2014 totaled $0.3 billion, an increase  of $0.3 billion from the same period last year.  The increase is due to year-over-year changes in fair value of derivative instruments and absence of costs associated with the sale of the Performance Coatings business in 2013. Other operating charges and credits - net primarily consists of expenses related to pension plans as well as reclassifications of items whose cash effects are investing or financing activities.

Cash used for investing activities was $0.2 billion for the three months ended March 31, 2014 compared to cash provided by investing activities of $4.6 billion for the same period last year. The $4.8 billion change was primarily due to the proceeds received from the sale of the Performance Coatings business in 2013.

Purchases of property, plant and equipment for the three months ended March 31, 2014 totaled $0.3 billion, about the same as last year.

Cash used for financing activities was $2.5 billion for the three months ended March 31, 2014 compared to cash provided by financing activities of $0.3 billion for the same period last year. The $2.8 billion decrease was due primarily to a decrease in borrowings in 2014 versus an increase in 2013.

Dividends paid to shareholders during the three months ended March 31, 2014 totaled $0.4 billion. In January 2014, the Board of Directors declared a first quarter common stock dividend of $0.45 per share. This dividend is the same as what was paid in the fourth quarter 2013. With the first quarter dividend, the company has paid quarterly consecutive dividends since the company’s first dividend in the fourth quarter 1904.

In January 2014, the company's Board of Directors authorized a $5 billion share buyback plan that replaced the 2011 plan. The company expects to repurchase $2 billion in 2014 with the remainder to be repurchased over time. There is no required completion date for purchases under the 2014 plan. In February 2014, the company entered into a $1 billion accelerated share repurchase (ASR) agreement with a financial institution and received and retired an initial delivery of 12.5 million shares, which represents 80 percent of the $1 billion notional amount of the ASR agreement. This ASR will be completed in the second quarter 2014. See Part II, Item 2 and Note 9 to the interim Consolidated Financial Statements for additional information regarding the ASR. In February 2014, the company also repurchased 1.0 million shares in the open market at an average price of $61.32 per share for a total of $61 million. These shares were retired upon repurchase.

In December 2012, the company's Board of Directors authorized a $1 billion share buyback plan. In February 2013, the company entered into an accelerated share repurchase (ASR) agreement with a financial institution under which the company used $1 billion of the proceeds from the sale of Performance Coatings for the purchase of shares of common stock. The 2012 $1 billion share buyback plan was completed in the second quarter 2013 through the ASR agreement, under which the company purchased and retired 20.4 million shares. See Note 9 to the interim Consolidated Financial Statements for additional information.

Guarantees and Off-Balance Sheet Arrangements

For detailed information related to Guarantees, Indemnifications, and Obligations for Equity Affiliates and Others, see page 33 of the company's 2013 Annual Report, and Note 8 to the interim Consolidated Financial Statements.

26

Contractual Obligations

Information related to the company's contractual obligations at December 31, 2013 can be found on page 33 of the company's 2013 Annual Report. The company's long-term debt obligations at March 31, 2014 decreased by $1.3 billion versus prior year-end primarily due to $1.2 billion of debt principal maturities.

PFOA

See discussion under “PFOA” on page 37 of the company's 2013 Annual Report and Note 8 to the interim Consolidated Financial Statements.

Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

See Note 10, “Financial Instruments”, to the interim Consolidated Financial Statements. See also Part II, Item 7A, Quantitative and Qualitative Disclosures About Market Risk, on page 38 of the company's 2013 Annual Report for information on the company's utilization of financial instruments and an analysis of the sensitivity of these instruments.

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Item 4.CONTROLS AND PROCEDURES

a)        Evaluation of Disclosure Controls and Procedures

The company maintains a system of disclosure controls and procedures to give reasonable assurance that information required to be disclosed in the company's reports filed or submitted under the Securities Exchange Act of 1934 (Exchange Act) is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission. These controls and procedures also give reasonable assurance that information required to be disclosed in such reports is accumulated and communicated to management to allow timely decisions regarding required disclosures.

As of March 31, 2014, the company's Chief Executive Officer (CEO) and Chief Financial Officer (CFO), together with management, conducted an evaluation of the effectiveness of the company's disclosure controls and procedures pursuant to Rules 13a-15(e) and 15d-15(e) of the Exchange Act. Based on that evaluation, the CEO and CFO concluded that these disclosure controls and procedures are effective.

b)Changes in Internal Control over Financial Reporting

There has been no change in the company's internal control over financial reporting that occurred during the quarter ended March 31, 2014 that has materially affected, or is reasonably likely to materially affect, the company's internal control over financial reporting.

28

PART II.  OTHER INFORMATION

Item 1. LEGAL PROCEEDINGS

The company is subject to various litigation matters, including, but not limited to, product liability, patent infringement, antitrust claims, and claims for third party property damage or personal injury stemming from alleged environmental torts. Information regarding certain of these matters is set forth below and in Note 8 to the interim Consolidated Financial Statements.

Litigation

Imprelis^® Herbicide Claims Process

Information related to this matter is included in Note 8 to the interim Consolidated Financial Statements under the heading Imprelis^®.

PFOA: Environmental and Litigation Proceedings

For purposes of this report, the term PFOA means collectively perfluorooctanoic acid and its salts, including the ammonium salt and does not distinguish between the two forms. Information related to this matter is included in Note 8 to the interim Consolidated Financial Statements under the heading PFOA.

Environmental Proceedings

Belle Plant, West Virginia

In August 2013, the U.S. government initiated an enforcement action alleging that the facility violated certain regulatory provisions of the Clean Air Act (CAA), Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) and Emergency Planning and Community Right to Know Act (EPCRA). The alleged non-compliance relates to chemical releases between 2006 and 2010, including one release which involved the death of a DuPont employee after exposure to phosgene.  DuPont is in settlement negotiations with the U.S. Environmental Protection Agency (EPA) and the Department of Justice (DOJ).

Chambers Works Plant, Deepwater, New Jersey

In 2010, the government initiated an enforcement action alleging that the facility violated recordkeeping requirements of certain provisions of the CAA and the Federal Clean Air Act Regulations (FCAR) governing Leak Detection and Reporting (LDAR) and that it failed to report emissions of a compound from Chambers Works' waste water treatment facility under EPCRA. The alleged non-compliance was identified by EPA in 2007 and 2009 following separate environmental audits. DuPont is in settlement negotiations with EPA and DOJ.

LaPorte Plant, LaPorte, Texas

EPA conducted a multimedia inspection at the LaPorte facility in January 2008. DuPont, EPA and DOJ began discussions in the fall 2011 relating to the management of certain materials in the facility's waste water treatment system, hazardous waste management, flare and air emissions. These negotiations continue.

Sabine Plant, Orange, Texas

In June 2012, DuPont began discussions with DOJ and EPA related to a multimedia inspection that EPA conducted at the Sabine facility in March 2009. The discussions involve the management of materials in the facility's waste water treatment system, hazardous waste management, flare and air emissions.

Yerkes Plant, Buffalo, New York

The government alleges that the facility violated recordkeeping requirements of certain provisions of the CAA and the FCAR governing LDAR and that it failed to accurately report emissions under EPCRA. The alleged non-compliance was identified by EPA in 2006 and 2010 following separate environmental audits. In February 2014, DOJ filed a motion with the U.S. District Court for the Western District of New York seeking entrance of a Consent Decree to settle this matter. Under the settlement, DuPont will pay a penalty of $0.4 million and complete performance testing of certain pollution abatement equipment.

Federal Insecticide, Fungicide and Rodenticide Act (FIFRA)

In July 2012, DuPont received a “notice of noncompliance and show cause” letter from EPA Region III for alleged violations of FIFRA related to product labeling and adverse effects reporting for Imprelis^®. DuPont and EPA are in discussions.

29

Washington Works Plant, West Virginia

In 2011, the U.S. government initiated an enforcement action alleging that the Washington Works plant violated certain regulatory provisions of the CAA governing LDAR. The alleged non-compliance was identified between 2007 and 2010, following an environmental audit conducted in 2007 and the submission of responses to an information request received in 2009. DuPont is in settlement negotiations with the EPA and DOJ. In January, 2014, the U.S. District Court for the Southern District of West Virginia entered a Consent Decree to settle this matter.  Under the settlement, DuPont paid a penalty of $0.8 million, will undertake a comprehensive evaluations of the Washington Works LDAR program to ensure that components are appropriately identified and monitored, and will conduct enhanced LDAR monitoring.  

Item 1A. RISK FACTORS

There have been no material changes in the company's risk factors discussed in Part I, Item 1A, Risk Factors, in the company's 2013 Annual Report.

Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Issuer Purchases of Equity

In January 2014, the company's Board of Directors authorized a $5 billion share buyback plan that replaced the 2011 plan. There is no required completion date for purchases under the 2014 plan.

In February 2014, the company entered an accelerated share repurchase (ASR) agreement with a financial institution. Under the terms of the ASR agreement, in February 2014, the Company paid $1 billion to the financial institution and received and retired an initial delivery of 12.5 million shares, which represents 80 percent of the $1 billion notional amount of the ASR agreement. The purchase price per share and final number of shares retired will be determined using the volume-weighted price of the company's stock over the term of the ASR agreement. This ASR will be completed in the second quarter 2014. In February 2014, the company also repurchased 1.0 million shares in the open market at an average price of $61.32 per share for a total of $61 million. These shares were retired upon repurchase.

The following table summarizes information with respect to the company's purchase of its common stock during the three months ended March 31, 2014:

Month	Total Number of Shares Purchased	Average Price Paid per Share	Total Number of Shares Purchased as Part of Publicly Announced Program	Approximate Value of Shares that May Yet Be Purchased Under the Program(1) (Dollars in millions)
February:
Open Market Purchases	999,660	$61.32	999,660
ASR (2)	12,503,907	See (2) Below	12,503,907
Total	13,503,567		13,503,567	$	4,139

¹  Represents approximate value of shares that may yet be purchased under the 2014 plan.

²   Includes initial share delivery under the ASR agreement described above. The purchase price per share and final number of shares retired will be determined using the volume-weighted price of the company's stock over the term of the ASR agreement.

Item 4. MINE SAFETY DISCLOSURES

Information regarding mine safety and other regulatory actions at the company's surface mine in Starke, Florida is included in Exhibit 95 to this report.

Item 6. EXHIBITS

Exhibits: The list of exhibits in the Exhibit Index to this report is incorporated herein by reference.

30

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

E. I. DU PONT DE NEMOURS AND COMPANY
(Registrant)
Date:	April 22, 2014
By:	/s/ Nicholas C. Fanandakis
	Nicholas C. Fanandakis
	Executive Vice President and
	Chief Financial Officer
	(As Duly Authorized Officer and
	Principal Financial and Accounting Officer)

31

EXHIBIT INDEX

Exhibit Number	Description
3.1	Company’s Restated Certificate of Incorporation (incorporated by reference to Exhibit 3.1 to the company’s Annual Report on Form 10-K (Commission file number 1-815) for the year ended December 31, 2012).
3.2	Company’s Bylaws, as last amended effective August 12, 2013 (incorporated by reference to Exhibit 3.2 to the company’s Quarterly Report on Form 10-Q (Commission file number 1-815) for the period ended September 30, 2013).
4	The company agrees to provide the Commission, on request, copies of instruments defining the rights of holders of long-term debt of the company and its subsidiaries.
10.1*	The DuPont Stock Accumulation and Deferred Compensation Plan for Directors, as last amended effective January 1, 2009 (incorporated by reference to Exhibit 10.1 to the company's Annual Report on Form 10-K (Commission file number 1-815) for the period ended December 31, 2013).
10.2*	Company’s Supplemental Retirement Income Plan, as last amended effective June 4, 1996 (incorporated by reference to Exhibit 10.2 to the company’s Annual Report on Form 10-K (Commission file number 1-815) for the year ended December 31, 2011).
10.3*	Company’s Pension Restoration Plan, as restated effective July 17, 2006 (incorporated by reference to Exhibit 10.3 to the company’s Quarterly Report on Form 10-Q (Commission file number 1-815) for the period ended June 30, 2011).
10.4*	Company’s Rules for Lump Sum Payments, as last amended effective December 20, 2007 (incorporated by reference to Exhibit 10.4 to the company’s Quarterly Report on Form 10-Q (Commission file number 1-815)for the period ended June 30, 2011).
10.5*	Company’s Stock Performance Plan, as last amended effective January 25, 2007 (incorporated by reference to Exhibit 10.5 to the company’s Annual Report on Form 10-K (Commission file number 1-815) for the year ended December 31, 2011).
10.6*	Company’s Equity and Incentive Plan as amended October 23, 2013 (incorporated by reference to Exhibit 10.6 to the company's Annual Report on Form 10-K (Commission file number 1-815) for the period ended December 31, 2013).
10.7*	Form of Award Terms under the company’s Equity and Incentive Plan (incorporated by reference to Exhibit 10.7 to the company’s Quarterly Report on Form 10-Q (Commission file number 1-815) for the period ended June 30, 2013).
10.8*	Company’s Retirement Savings Restoration Plan, as last amended effective January 1, 2013 (incorporated by reference to Exhibit 10.8 to the company’s Annual Report on Form 10-K (Commission file number 1-815) for the year ended December 31, 2012).
10.9*	Company’s Retirement Income Plan for Directors, as last amended January 2011 (incorporated by reference to Exhibit 10.9 to the company's Quarterly Report on Form 10-Q (Commission file number 1-815) for the period ended March 31, 2012).
10.10*	Company’s Management Deferred Compensation Plan, adopted on May 2, 2008, as last amended May 12, 2010 (incorporated by reference to Exhibit 10.11 to the company’s Quarterly Report on Form 10-Q (Commission file number 1-815) for the period ended June 30, 2010).

32

Exhibit Number	Description
10.11*	Company's Senior Executive Severance Plan, adopted on August 12, 2013 (incorporated by reference to Exhibit 10.11 to the company's Quarterly Report on Form 10-Q (Commission file number 1-815) for the period ended September 30, 2013). The company agrees to furnish supplementally a copy of any omitted schedules to the Commission upon request.
10.12*	Supplemental Deferral Terms for Deferred Long Term Incentive Awards and Deferred Variable Compensation Awards (incorporated by reference to Exhibit 10.12 to the company's Annual Report on Form 10-K (Commission file number 1-815) for the period ended December 31, 2013).
10.13*	Form of 2014 Award Terms under the Company's Equity and Incentive Plan.
12	Computation of Ratio of Earnings to Fixed Charges.
31.1	Rule 13a-14(a)/15d-14(a) Certification of the company’s Principal Executive Officer.
31.2	Rule 13a-14(a)/15d-14(a) Certification of the company’s Principal Financial Officer.
32.1	Section 1350 Certification of the company’s Principal Executive Officer. The information contained in this Exhibit shall not be deemed filed with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by the registrant under the Securities Act of 1933, as amended.
32.2	Section 1350 Certification of the company’s Principal Financial Officer. The information contained in this Exhibit shall not be deemed filed with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by the registrant under the Securities Act of 1933, as amended.
95	Mine Safety Disclosures.
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

______________________________________

*Management contract or compensatory plan or arrangement.

33

EX-10.13

Exhibit 10.13

AWARD TERMS OF

OPTIONS GRANTED UNDER THE

DUPONT EQUITY AND INCENTIVE PLAN

FOR GRANTEES LOCATED IN THE U.S.

____________________________________________________________________________________________

Introduction You have been granted stock options under the E. I. du Pont de Nemours and Company Equity and Incentive Plan (“Plan”), subject to the following Award Terms. This grant is also subject to the terms of the Plan itself, which is hereby incorporated by reference. However, to the extent that an Award Term conflicts with the Plan, the Plan shall govern. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in these Award Terms, including any appendices to these Award Terms (hereinafter, collectively referred to as the “Agreement”). A copy of the Plan, and other Plan-related materials, such as the Plan prospectus, are available at:

www1.lvs.dupont.com/employeebenefits/sharesandstockoption.html.

Grant Award You must expressly accept the terms and conditions of your Award as set forth in this

Acceptance Agreement. To accept, log on to Merrill Lynch Benefits OnLine at www.benefits.ml.com, select Equity Plan > Grant Information > Pending Acceptance.

IF YOU DO NOT ACCEPT YOUR AWARD IN THE MANNER INSTRUCTED BY THE COMPANY, YOUR AWARD WILL BE SUBJECT TO CANCELLATION.

Date of Grant February 5, 2014 (“Date of Grant”)

Type of OptionsNon-qualified stock options (“Options”)

Exercise Price $61.90

Expiration Date The Options will expire no later than February 4, 2021, or two years after the date of your death if earlier. However, the Options may expire sooner. Please refer to “Termination of Employment” below.

Vesting Schedule One-third (1/3) of theOptions (rounded to a whole number of shares) will become exercisable on February 5, 2015.

One-third (1/3) of the Options (rounded to a whole number of shares) will become exercisable on February 5, 2016.

The remainingOptions will become exercisable on February 5, 2017.

Termination

of Employment

Under 55/10 Rule	If you terminate employment after attainment of age 55 with at least 10 years of service and either (i) you are an active employee for six months following the Date of Grant or (ii) you have been notified by the Company or, if different, your employer (the “Employer”), that your employment with the Company or Employer will terminate because of either lack of work or divestiture to an entity less than 50% owned by DuPont, the Options will be exercisable through the Expiration Date set forth above. After that date, any unexercised Options will expire. Any unvested Options as of the date of termination will continue to vest in accordance with the Vesting Schedule set forth above.
Due to Lack of Work, Divestiture to Entity Less Than 50% Owned by DuPont, or Disability	The Options will be exercisable through the date that is one year after the date of your termination of employment, or, if earlier, the Expiration Date set forth above. After that date, any unexercised Options will expire. Any unvested Options as of the date of termination will continue to vest in accordance with the Vesting Schedule set forth above.
Due to Death	The Options will be exercisable through the date that is two years after the date of your termination of employment or, if earlier, the Expiration Date set forth above.After that date, any unexercised Options will expire. Any unvested Options as of the date of termination will be automatically vested.
Due to Any Other Reason (such as voluntary termination)	Options must be exercised by the date on which you terminate employment.

Restricted Conduct If you engage in any of the conduct described in subparagraphs (i) through (v) below for any reason, in addition to all remedies in law and/or equity available to the Company or any Subsidiary or Affiliate, you shall forfeit all unvested Options. For purposes of subparagraphs (i) through (v) below, “Company” shall mean E. I. du Pont de Nemours and Company and/or any of its Subsidiaries or Affiliates.

(i) Confidential Information. During the course of your employment with the Company and thereafter, you use or disclose, except on behalf of the Company and pursuant to the Company’s directions, any Company “Confidential Information” (i.e., information concerning the Company and its business that is not generally known outside the Company, and includes, but is not limited to, (a) trade secrets; (b) intellectual property; (c) information regarding the Company’s present and/or future products, developments, processes and systems, including invention disclosures and patent applications; (d) information on customers or potential customers, including customers’ names, sales records, prices, and other terms of sales and Company cost information; (e) Company business plans, marketing plans, financial data and projections; and (f) information received in confidence by the Company from third parties. Information regarding products, services or technological innovations in development, in test marketing or being marketed or promoted in a discrete geographic region, which information

the Company is considering for broader use, shall be deemed not generally known until such broader use is actually commercially implemented.); and/or

(ii) Solicitation of Employees. During your employment and for a period of one year following the termination of your employment for any reason, you hire, recruit, solicit or induce, or cause, allow, permit or aid others to hire, recruit, solicit or induce, any employee of the Company who possesses Confidential Information of the Company to terminate his/her employment with the Company and/or to seek employment with your new or prospective employer; and/or

(iii) Solicitation of Customers. During your employment and for a period of one year following the termination of your employment for any reason, you, directly or indirectly, on behalf of yourself or any other person, company or entity, solicit or participate in soliciting, products or services competitive with or similar to products or services offered by, manufactured by, designed by or distributed by the Company to any person, company or entity which was a customer or potential customer for such products or services and with which you had direct or indirect contact regarding those products or services or about which you learned Confidential Information at any time during the two years prior to your termination of employment with the Company; and/or

(iv) Non-Competition regarding Products or Services. During your employment and for a period of one year following the termination of your employment for any reason, you, directly or indirectly, in any capacity, provide products or services competitive with or similar to products or services offered by the Company to any person, company or entity which was a customer for such products or services and with which customer you had direct or indirect contact regarding those products or services or about which customer you learned Confidential Information at any time during the two years prior to your termination of employment with the Company; and/or

(v) Non-Competition regarding Activities. During your employment and for a period of one year following the termination of your employment for any reason, you engage in activities which are entirely or in part the same as or similar to activities in which you engaged at any time during the two years preceding termination of your employment with the Company for any person, company or entity in connection with products, services or technological developments (existing or planned) that are entirely or in part the same as, similar to, or competitive with, any products, services or technological developments (existing or planned) on which you worked at any time during the two years preceding termination of your employment. This paragraph applies in countries in which you have physically been present performing work for the Company at any time during the two years preceding termination of your employment.

Recoupment Policy This Award shall be subject to the Company’s Incentive Compensation Clawback Policy (as it may be amended from time to time), the terms of which are incorporated herein by reference.

Repayment/

Forfeiture Any benefits you may receive hereunder shall be subject to repayment or forfeiture as may be required to comply with the requirements of the U.S. Securities and Exchange Commission or any applicable law, including the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act, or any securities exchange on which the Stock is traded, as may be in effect from time to time.

Exercise Methods There are four exercise methods from which to choose. Due to local legal requirements, not all methods are available in all countries.

Withholding You acknowledge that the Company and/or the Employer (1) make no representations or undertakings regarding the treatment of any income tax, social insurance, payroll tax, fringe benefits tax, payment on account or other tax-related items related to the Plan and legally applicable to you (“Tax-Related Items”) in connection with any aspect of the Options, including, but not limited to, the grant, vesting or exercise of the Options, the subsequent sale of shares of Stock acquired pursuant to such exercise and the receipt of any dividends; and (2) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the Options to reduce or eliminate your liability for Tax-Related Items or achieve any particular tax result. Further, if you are subject to Tax-Related Items in more than one jurisdiction between the Date of Grant and the date of any relevant taxable or tax withholding event, as applicable, the Company and/or the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction.

Prior to any relevant taxable or tax withholding event, as applicable, you agree to make adequate arrangements satisfactory to the Company and/or the Employer to satisfy all Tax-Related Items. In this regard, you authorize the Company and/or the Employer, or their respective agents, at their discretion, to satisfy the obligations with regard to all Tax-Related Items by one or a combination of the following: (i) withholding from your wages or other cash compensation paid to you by the Company and/or the Employer; or (ii) withholding from proceeds of the sale of shares of Stock acquired upon exercise of the Options either through a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization without further consent).

Finally, you agree to pay to the Company or the Employer, any amount of Tax-Related Items that the Company or the Employer may be required to withhold or account for as a result of your participation in the Plan that cannot be satisfied by the means previously described. The Company may refuse to issue or deliver the shares or the proceeds of the sale of shares of Stock, if you fail to comply with your obligations in connection with the Tax-Related Items

Non-transferability You may not transfer these Options, except by will or laws of descent and distribution. The Options are exercisable during your lifetime only by you or your guardian or legal representative.

Severability The provisions of this Agreement are severable and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable.

Waiver You acknowledge that a waiver by the Company of breach of any provision of this Agreement shall not operate or be construed as a waiver of any other provision of this Agreement, or of any subsequent breach by you or any other participant.

Imposition of Other

Requirements The Company reserves the right to impose other requirements on your participation in this Agreement, on the Options and on any shares of Stock acquired under the Plan, to the extent the Company determines it is necessary or advisable for legal or administrative reasons, and to require you to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing.

AWARD TERMS OF

TIME-VESTED RESTRICTED STOCK UNITS GRANTED UNDER THE

DUPONT EQUITY AND INCENTIVE PLAN

FOR GRANTEES LOCATED IN THE U.S.

____________________________________________________________________________________________

Introduction You have been granted time-vested Restricted Stock Units under the E. I. du Pont de Nemours and Company Equity and Incentive Plan (“Plan”), subject to the following Award Terms. This grant is also subject to the terms of the Plan, which is hereby incorporated by reference. However, to the extent that an Award Term conflicts with the Plan, the Plan shall govern. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in these Award Terms, including any appendices to these Award Terms (hereinafter, collectively referred to as the “Agreement”). A copy of the Plan, and other Plan-related materials, such as the Plan prospectus, are available at:

www1.lvs.dupont.com/employeebenefits/sharesandstockoption.html.

Grant Award         You must expressly accept the terms and conditions of your Award as set forth in this Acceptance        Agreement. To accept, log on to Merrill Lynch Benefits OnLine at www.benefits.ml.com,

select Equity Plan > Grant Information > Pending Acceptance.

IF YOU DO NOT ACCEPT YOUR RESTRICTED STOCK UNITS IN THE MANNER INSTRUCTED BY THE COMPANY, YOUR RESTRICTED STOCK UNITS WILL BE SUBJECT TO CANCELLATION.

Date of GrantFebruary 5, 2014 (“Date of Grant”)

Type of AwardsTime-vested Restricted Stock Units

Dividend Equivalents Dividends payable on the shares represented by your Restricted Stock Units (including whole and fractional Restricted Stock Units) will be allocated to your account in the form of additional Restricted Stock Units (whole and fractional) based upon the closing Stock price on the date of the dividend payment.

Restricted Period You may not sell, gift, or otherwise transfer or dispose of any of the Restricted Stock Units during the “Restricted Period.” The Restricted Period commences on the Date of Grant and lapses as set forth herein.

On February 5, 2015, the Restricted Period will lapse with respect to one-third (1/3) of the Restricted Stock Units, including dividend equivalents (rounded to a whole number of units).

On February 5, 2016, the Restricted Period will lapse with respect toone-third (1/3) of the Restricted Stock Units, including dividend equivalents (rounded to a whole number of units).

On February 5, 2017, the Restricted Period will lapse with respect to the remainingRestricted Stock Units, including dividend equivalents.

Termination

of Employment

Under 55/10 Rule	If you terminate employment after attainment of age 55 with at least 10 years of service and either (i) you are an active employee for six months following the Date of Grant or (ii) you have been notified by the Company or, if different, your employer (the “Employer”), that your employment with the Company or Employer will terminate because of either lack of work or divestiture to an entity less than 50% owned by DuPont, the Restricted Stock Units will remain subject to the Restricted Period set forth above.
Due to Lack of Work, Divestiture to Entity Less Than 50% Owned by DuPont, Disability, or Death	The Restricted Period on all units will lapse.
Due to Any Other Reason (such as voluntary termination)	Restricted Stock Units that are subject to a Restricted Period will be forfeited.

Payment Except in the case of termination due to lack of work, divestiture to an entity less than 50% owned by DuPont, disability or death, Restricted Stock Units shall be paid to you when the Restricted Period lapses in accordance with the schedule set forth under “Restricted Period.” In the case of termination due to lack of work, divestiture to an entity less than 50% owned by DuPont, disability or death, Restricted Stock Units shall be paid to you or your beneficiary (or estate if there is no beneficiary), as applicable, within sixty days of the date on which the Restricted Period lapses as a result of the termination. Restricted Stock Units are payable in one share of Stock for each whole unit and a cash payment for any fraction of a unit. The value of each fractional unit will be based on the average high and low prices of Stock as reported on the Composite Tape of the New York Stock Exchange as of the effective date of payment.

Code Section 409A To the extent that an amount that is considered “nonqualified deferred compensation” subject to Code Section 409A (“deferred compensation”) is payable on account of your termination of employment, no amounts shall be paid hereunder on account thereof unless such termination of employment constitutes a “separation from service,” within the meaning of Code Section 409A. If you are a “specified employee,” within the meaning of Code Section 409A, no amount that is deferred compensation shall be paid or delivered, on account of your separation from service, earlier than the date that is six months after such separation from service. Amounts otherwise payable during that six month period shall be paid on the date that is six months and one day after your separation from service.

The Restricted Stock Units are intended to be exempt from or compliant with Code Section 409A and the U.S. Treasury Regulations relating thereto so as not to subject you to the payment of additional taxes and interest under Code Section 409A or other adverse tax consequences. In furtherance of this intent, the provisions of this Agreement will be interpreted, operated, and administered in a manner consistent with these intentions. The Committee may modify the terms of this Agreement, the Plan or both, without your consent, in the manner that the Committee may determine to be necessary or advisable in order to comply with Code Section 409A or to mitigate any additional tax, interest and/or penalties or other adverse tax consequences that may apply under Code Section 409A if compliance is not practical. This section does not create an obligation on the part of the Company to modify the terms of this Agreement or the Plan and does not guarantee that the Restricted Stock Units or the delivery of shares of Stock upon vesting/settlement of the Restricted Stock Units will not be subject to taxes, interest and penalties or any other adverse tax consequences under Code Section

409A. In no event whatsoever shall the Company be liable to any party for any additional tax, interest or penalties that may be imposed on you by Code Section 409A or any damages for failing to comply with Code Section 409A.

Restricted Conduct If you engage in any of the conduct described in subparagraphs (i) through (v) below for any reason, in addition to all remedies in law and/or equity available to the Company or any Subsidiary or Affiliate, you shall forfeit all Restricted Stock Units. For purposes of subparagraphs (i) through (v) below, “Company” shall mean E. I. du Pont de Nemours and Company and/or any of its Subsidiaries or Affiliates.

(i) Confidential Information. During the course of your employment with the Company and thereafter, you use or disclose, except on behalf of the Company and pursuant to the Company’s directions, any Company “Confidential Information” (i.e., information concerning the Company and its business that is not generally known outside the Company, and includes, but is not limited to, (a) trade secrets; (b) intellectual property; (c) information regarding the Company’s present and/or future products, developments, processes and systems, including invention disclosures and patent applications; (d) information on customers or potential customers, including customers’ names, sales records, prices, and other terms of sales and Company cost information; (e) Company business plans, marketing plans, financial data and projections; and (f) information received in confidence by the Company from third parties. Information regarding products, services or technological innovations in development, in test marketing or being marketed or promoted in a discrete geographic region, which information the Company is considering for broader use, shall be deemed not generally known until such broader use is actually commercially implemented.); and/or

(ii) Solicitation of Employees. During your employment and for a period of one year following the termination of your employment for any reason, you hire, recruit, solicit or induce, or cause, allow, permit or aid others to hire, recruit, solicit or induce, any employee of the Company who possesses Confidential Information of the Company to terminate his/her employment with the Company and/or to seek employment with your new or prospective employer; and/or

(iii) Solicitation of Customers. During your employment and for a period of one year following the termination of your employment for any reason, you, directly or indirectly, on behalf of yourself or any other person, company or entity, solicit or participate in soliciting, products or services competitive with or similar to products or services offered by, manufactured by, designed by or distributed by the Company to any person, company or entity which was a customer or potential customer for such products or services and with which you had direct or indirect contact regarding those products or services or about which you learned Confidential Information at any time during the two years prior to your termination of employment with the Company; and/or

(iv) Non-Competition regarding Products or Services. During your employment and for a period of one year following the termination of your employment for any reason, you, directly or indirectly, in any capacity, provide products or services competitive with or similar to products or services offered by the Company to any person, company or entity which was a customer for such products or services and with which customer you had direct or indirect contact regarding those products or services or about which customer you learned Confidential Information at any time during the two years prior to your termination of employment with the Company; and/or

(v) Non-Competition regarding Activities. During your employment and for a period of one year following the termination of your employment for any reason, you engage in activities which are entirely or in part the same as or similar to activities in which you engaged at any

time during the two years preceding termination of your employment with the Company for any person, company or entity in connection with products, services or technological developments (existing or planned) that are entirely or in part the same as, similar to, or competitive with, any products, services or technological developments (existing or planned) on which you worked at any time during the two years preceding termination of your employment. This paragraph applies in countries in which you have physically been present performing work for the Company at any time during the two years preceding termination of your employment.

Recoupment Policy This Award shall be subject to the Company’s Incentive Compensation Clawback Policy (as it may be amended from time to time), the terms of which are incorporated herein by reference.

Repayment/

Forfeiture Any benefits you may receive hereunder shall be subject to repayment or forfeiture as may be required to comply with the requirements of the U.S. Securities and Exchange Commission or any applicable law, including the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act, or any securities exchange on which the Stock is traded, as may be in effect from time to time.

Deferral If you are an officer of the Company, you may defer the settlement of this Award in accordance with the procedures established by the Company for that purpose.

Withholding You acknowledge that the Company and/or your employer (the “Employer”) (1) make no representations or undertakings regarding the treatment of any income tax, social insurance, payroll tax, fringe benefits tax, payment on account or other tax-related items related to the Plan and legally applicable to you (“Tax-Related Items”) in connection with any aspect of the Restricted Stock Units, including, but not limited to, the grant, vesting or settlement of the Restricted Stock Units, the subsequent sale of shares of Stock acquired pursuant to such settlement and the receipt of any dividends and/or any dividend equivalents; and (2) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the Restricted Stock Units to reduce or eliminate your liability for Tax-Related Items or achieve any particular tax result. Further, if you are subject to Tax-Related Items in more than one jurisdiction between the Date of Grant and the date of any relevant taxable or tax withholding event, as applicable, the Company and/or the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction.

Prior to any relevant taxable or tax withholding event, as applicable, you agree to make adequate arrangements satisfactory to the Company and/or the Employer to satisfy all Tax-Related Items. In this regard, you authorize the Company and/or the Employer, or their respective agents, at their discretion, to satisfy the obligations with regard to all Tax-Related Items by one or a combination of the following: (i) withholding from your wages or other cash compensation paid to you by the Company and/or the Employer; or (ii) withholding from proceeds of the sale of shares of Stock acquired upon settlement of the Restricted Stock Units either through a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization without further consent); or (iii) withholding in shares of Stock to be issued upon settlement of the Restricted Stock Units.

If the obligation for Tax-Related Items is satisfied by withholding in shares of Stock, for tax purposes, you are deemed to have been issued the full number of shares of Stock subject to the vested Restricted Stock Units, notwithstanding that a number of the shares of Stock are held back solely for the purpose of paying the Tax-Related Items.

Finally, you agree to pay to the Company or the Employer, any amount of Tax-Related Items that the Company or the Employer may be required to withhold or account for as a result of

your participation in the Plan that cannot be satisfied by the means previously described. The Company may refuse to issue or deliver the shares or the proceeds of the sale of shares of Stock, if you fail to comply with your obligations in connection with the Tax-Related Items.

Notwithstanding anything in this section to the contrary, to avoid a prohibited acceleration under Code Section 409A, if shares of Stock subject to the Restricted Stock Units will be withheld (or sold on your behalf) to satisfy any Tax Related Items arising prior to the date of settlement of the Restricted Stock Units for any portion of the Restricted Stock Units that is considered nonqualified deferred compensation subject to Code Section 409A, then the number of shares withheld (or sold on your behalf) shall not exceed the number of shares that equals the liability for Tax-Related Items.

Severability The provisions of this Agreement are severable and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable.

Waiver You acknowledge that a waiver by the Company of breach of any provision of this Agreement shall not operate or be construed as a waiver of any other provision of this Agreement, or of any subsequent breach by you or any other participant.

Imposition of Other

Requirements The Company reserves the right to impose other requirements on your participation in this Agreement, on the Restricted Stock Units and on any shares of Stock acquired under the Plan, to the extent the Company determines it is necessary or advisable for legal or administrative reasons, and to require you to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing.

AWARD TERMS OF

PERFORMANCE-BASED RESTRICTED STOCK UNITS GRANTED UNDER THE

DUPONT EQUITY AND INCENTIVE PLAN

FOR GRANTEES LOCATED IN THE U.S.

____________________________________________________________________________________________

Introduction You have been granted performance-based Restricted Stock Units (“Units”) under the E. I. du Pont de Nemours and Company Equity and Incentive Plan (“Plan”), subject to the following Award Terms. This grant is also subject to the terms of the Plan, which is hereby incorporated by reference. However, to the extent that an Award Term conflicts with the Plan, the Plan shall govern. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in these Award Terms, including any appendices to these Award Terms (hereinafter, collectively referred to as the “Agreement”). A copy of the Plan, and other Plan-related materials, such as the Plan prospectus, are available at:

www1.lvs.dupont.com/employeebenefits/sharesandstockoption.html.

Grant Award        You must expressly accept the terms and conditions of your Award as set forth in this Acceptance        Agreement. To accept, log on to Merrill Lynch Benefits Online at www.benefits.ml.com,

select Equity Plan >Grant Information > Pending Acceptance.

IF YOU DO NOT ACCEPT YOUR UNITS IN THE MANNER INSTRUCTED BY THE COMPANY, YOUR UNITS WILL BE SUBJECT TO CANCELLATION.

Date of GrantFebruary 5, 2014 (the “Date of Grant”)

Type of AwardUnits

Dividend Equivalents Dividends payable on the total number of shares represented by your Units (including whole and fractional Units) will be allocated to your account in the form of Units (whole and fractional) based upon the closing stock price on the date of the dividend payment. Dividend equivalent units will be determined after the end of the Performance Period and credited to your account at that time based on the performance-adjusted number of Units in your account. Dividend equivalent units will be calculated by taking the final performance-adjusted Units and calculating the dividend equivalent units for the first dividend payment date for the Performance Period. The resulting number of dividend equivalent units from the first dividend payment date will be added to the final performance-adjusted number of Units before calculating the dividend equivalent units for the second dividend payment date during the Performance Period. This process will be repeated for each subsequent dividend payment date during the Performance Period.

Performance Period January 1,2014 - December 31, 2016

Vesting Terms You may not sell, gift, or otherwise transfer or dispose of any of the Units.

If you remain an active employee from the Date of Grant through the last day of the Performance Period, the number of Units that have vested as of the end of the Performance Period, if any, will be based on the achievement of the Performance Metrics set forth below. Except as set forth below, if you terminate employment after the Date of Grant but prior to the last day of the Performance Period, unvested Units will be forfeited.

Performance Metrics The final number of Units earned is based upon the Company’s revenue growth and total shareholder return relative to a group of its peer companies.

Performance and payout are determined independently for each metric. The final overall Award is the sum of the two elements

Revenue Payout %  x Target Award x 50% + TSR Payout % x Target Award x 50% = Final Award

1.Revenue growth

Revenue growth is measured based on revenue/sales as reported in company filings and adjusted for major acquisitions/divestitures, if the impact in aggregate is 5% or more. (DuPont transactions above $200 million annualized revenue will be considered for inclusion in the aggregate.)

Revenue Growth Percentile Ranking	Percent of Target Award Earned
≤ 25th	0%
25th*	25% (threshold)
50th*	100% (target)
75th*	200% (maximum)

*Interim points are interpolated on a straight-line basis

•For each peer company, revenue growth is based on revenue for the fiscal year preceding the Performance Period (e.g., 12/31/2013) compared to revenue for the last fiscal year of the Performance Period (e.g., 12/31/2016)

•Based on the table above, the Company’s percentile rank in revenue growth against its peer companies is translated into a percentage (of target) payout for 50% of the Award.

2.Total Shareholder Return (TSR)

TSR represents the total return on a company’s common stock to an investor (stock price appreciation plus dividends).

TSR Percentile Ranking Goal	Percent of Target Award Earned
≤ 25th	0%
25th*	25% (threshold)
50th*	100% (target)
75th*	200% (maximum)

*Interim points are interpolated on a straight-line basis

For this purpose, TSR is determined as follows:

TSR =	Change in Stock Price + Dividends Paid
	Beginning Stock Price

• Beginning Stock Price: average closing price of the Stock over the 20 trading days immediately prior to the first day of the Performance Period.

• Ending Stock Price: average closing price of the Stock over the last 20 trading days of the Performance Period.

• Change in Stock Price: difference between the Beginning Stock Price and the Ending Stock Price.

• Dividends Paid: total of all dividends paid on one share of Stock during the applicable calendar quarter(s) during the Performance Period, provided that dividends shall be treated as though they are reinvested on day of payment based on closing price of the Stock on that day.

• Based on the table above, the Company’s percentile rank in TSR against its peer companies is translated into a percentage (of target) payout for 50% of the Award.

Payment As soon as practicable during your first taxable year ending after the last day of the Performance Period, vested Units (including dividend equivalents accruing after the end of the Performance Period and prior to the payment date), if any, will be paid to you or your beneficiary (or estate if there is no beneficiary), as applicable, in one share of Stock for each whole Unit and a cash payment for any fraction of a Unit. The value of each fractional Unit will be based on the average high and low prices of Stock as reported on the Composite Tape of the New York Stock Exchange as of the effective date of payment.

Code Section 409A The Units are intended to be exempt from or compliant with Code Section 409A and the U.S. Treasury Regulations relating thereto so as not to subject you to the payment of additional taxes and interest under Code Section 409A or other adverse tax consequences. In furtherance of this intent, the provisions of this Agreement will be interpreted, operated, and administered in a manner consistent with these intentions. The Committee may modify the terms of this Agreement, the Plan or both, without your consent, in the manner that the Committee may determine to be necessary or advisable in order to comply with Code Section 409A or to mitigate any additional tax, interest and/or penalties or other adverse tax consequences that may apply under Code Section 409A if compliance is not practical. This section does not create an obligation on the part of the Company to modify the terms of this Agreement or the Plan and does not guarantee that the Units or the delivery of shares of Stock upon vesting/settlement of the Units will not be subject to taxes, interest and penalties or any other adverse tax consequences under Code Section 409A. In no event whatsoever shall the Company be liable to any party for any additional tax, interest or penalties that may be imposed on you by Code Section 409A or any damages for failing to comply with Code Section 409A.

Termination

of Employment

Under 55/10 Rule	If you terminate employment after attainment of age 55 with at least 10 years of service and either (i) you are an active employee for six months following the Date of Grant or (ii) you have been notified by the Company or, if different, your employer (the “Employer”), that your employment with the Company or Employer will terminate because of either lack of work or divestiture to an entity less than 50% owned by DuPont, the Units will remain subject to the Vesting Terms and will be paid in accordance with the Payment provisions above. However, the number of Units will be prorated based on the number of months you were employed from the Date of Grant through the end of the Performance Period.
Due to Lack of Work, Divestiture to Entity Less Than 50% Owned by DuPont, Disability, or Death	If you terminate employment due to (i) disability; (ii) death; (iii) lack of work; or (iv) divestiture to an entity less than 50% owned by the Company, the Units will remain subject to the Vesting Terms and will be paid in accordance with the Payment provisions above. However, the number of Units will be prorated based on the number of months you were employed from the Date of Grant through the end of the Performance Period.
Due to Any Other Reason (such as voluntary termination)	Units will be forfeited as of the date on which you terminate employment.

Restricted Conduct If you engage in any of the conduct described in subparagraphs (i) through (v) below for any reason, in addition to all remedies in law and/or equity available to the Company or any Subsidiary or Affiliate, you shall forfeit all Units. For purposes of subparagraphs (i) through (v) below, “Company” shall mean E. I. du Pont de Nemours and Company and/or any of its Subsidiaries or Affiliates.

(i) Confidential Information. During the course of your employment with the Company and thereafter, you use or disclose, except on behalf of the Company and pursuant to the Company’s directions, any Company “Confidential Information” (i.e., information concerning the Company and its business that is not generally known outside the Company, and includes, but is not limited to, (a) trade secrets; (b) intellectual property; (c) information regarding the Company’s present and/or future products, developments, processes and systems, including invention disclosures and patent applications; (d) information on customers or potential customers, including customers’ names, sales records, prices, and other terms of sales and Company cost information; (e) Company business plans, marketing plans, financial data and projections; and (f) information received in confidence by the Company from third parties. Information regarding products, services or technological innovations in development, in test marketing or being marketed or promoted in a discrete geographic region, which information the Company is considering for broader use, shall be deemed not generally known until such broader use is actually commercially implemented.); and/or

(ii) Solicitation of Employees. During your employment and for a period of one year following the termination of your employment for any reason, you hire, recruit, solicit or induce, or cause, allow, permit or aid others to hire, recruit, solicit or induce, any employee of the Company who possesses Confidential Information of the Company to terminate his/her employment with the Company and/or to seek employment with your new or prospective employer; and/or

(iii) Solicitation of Customers. During your employment and for a period of one year following the termination of your employment for any reason, you, directly or indirectly, on behalf of yourself or any other person, company or entity, solicit or participate in soliciting, products or services competitive with or similar to products or services offered by, manufactured by, designed by or distributed by the Company to any person, company or entity which was a customer or potential customer for such products or services and with which you had direct or indirect contact regarding those products or services or about which you learned Confidential Information at any time during the two years prior to your termination of employment with the Company; and/or

(iv) Non-Competition regarding Products or Services. During your employment and for a period of one year following the termination of your employment for any reason, you, directly or indirectly, in any capacity, provide products or services competitive with or similar to products or services offered by the Company to any person, company or entity which was a customer for such products or services and with which customer you had direct or indirect contact regarding those products or services or about which customer you learned Confidential Information at any time during the two years prior to your termination of employment with the Company; and/or

(v) Non-Competition regarding Activities. During your employment and for a period of one year following the termination of your employment for any reason, you engage in activities which are entirely or in part the same as or similar to activities in which you engaged at any time during the two years preceding termination of your employment with the Company for any person, company or entity in connection with products, services or technological developments (existing or planned) that are entirely or in part the same as, similar to, or competitive with, any products, services or technological developments (existing or planned) on which you worked at any time during the two years preceding termination of your employment. This paragraph applies in countries in which you have physically been present performing work for the Company at any time during the two years preceding termination of your employment.

Recoupment Policy This Award shall be subject to the Company’s Incentive Compensation Clawback Policy (as it may be amended from time to time), the terms of which are incorporated herein by reference.

Repayment/

Forfeiture Any benefits you may receive hereunder shall be subject to repayment or forfeiture as may be required to comply with the requirements of the U.S. Securities and Exchange Commission or any applicable law, including the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act, or any securities exchange on which the Stock is traded, as may be in effect from time to time.

Deferral If you are an officer of the Company, you may defer the settlement of this Award in accordance with the procedures established by the Company for that purpose.

Withholding You acknowledge that the Company and/or your employer (the “Employer”) (1) make no representations or undertakings regarding the treatment of any income tax, social insurance, payroll tax, fringe benefits tax, payment on account or other tax-related items related to the Plan and legally applicable to you (“Tax-Related Items”) in connection with any aspect of the Units, including, but not limited to, the grant, vesting or settlement of the Units, the subsequent sale of shares of Stock acquired pursuant to such settlement and the receipt of any dividends and/or any dividend equivalent units; and (2) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the Units to reduce or eliminate your liability for Tax-Related Items or achieve any particular tax result. Further, if you are subject to Tax-

Related Items in more than one jurisdiction between the Date of Grant and the date of any relevant taxable or tax withholding event, as applicable, the Company and/or the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction.

Prior to any relevant taxable or tax withholding event, as applicable, you agree to make adequate arrangements satisfactory to the Company and/or the Employer to satisfy all Tax-Related Items. In this regard, you authorize the Company and/or the Employer, or their respective agents, at their discretion, to satisfy the obligations with regard to all Tax-Related Items by one or a combination of the following: (i) withholding from your wages or other cash compensation paid to you by the Company and/or the Employer; or (ii) withholding from proceeds of the sale of shares of Stock acquired upon settlement of the Units either through a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization without further consent); or (iii) withholding in shares of Stock to be issued upon settlement of the Unit.

If the obligation for Tax-Related Items is satisfied by withholding in shares of Stock, for tax purposes, you are deemed to have been issued the full number of shares of Stock subject to the vested Units, notwithstanding that a number of the shares of Stock are held back solely for the purpose of paying the Tax-Related Items.

Finally, you agree to pay to the Company or the Employer, any amount of Tax-Related Items that the Company or the Employer may be required to withhold or account for as a result of your participation in the Plan that cannot be satisfied by the means previously described. The Company may refuse to issue or deliver the shares or the proceeds of the sale of shares of Stock, if you fail to comply with your obligations in connection with the Tax-Related Items.

Notwithstanding anything in this section to the contrary, to avoid a prohibited acceleration under Code Section 409A, if shares of Stock subject to the Units will be withheld (or sold on your behalf) to satisfy any Tax Related Items arising prior to the date of settlement of the Units for any portion of the Units that is considered nonqualified deferred compensation subject to Code Section 409A, then the number of shares withheld (or sold on your behalf) shall not exceed the number of shares that equals the liability for Tax-Related Items.

Severability The provisions of this Agreement are severable and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable.

Waiver You acknowledge that a waiver by the Company of breach of any provision of this Agreement shall not operate or be construed as a waiver of any other provision of this Agreement, or of any subsequent breach by you or any other participant.

Imposition of Other

Requirements The Company reserves the right to impose other requirements on your participation in this Agreement, on the Units and on any shares of Stock acquired under the Plan, to the extent the Company determines it is necessary or advisable for legal or administrative reasons, and to require you to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing.

EX-12

Exhibit 12

E.  I.  DU  PONT  DE  NEMOURS  AND  COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions)

	Three Months Ended March 31,
	2014			2013
Income from continuing operations before income taxes	$	1,802		$	1,774
Adjustment for companies accounted for by the    equity method	41			8
Less: Capitalized interest	(11		)	(10		)
Add: Amortization of capitalized interest	9			9
	1,841			1,781
Fixed charges:
Interest and debt expense	103			117
Capitalized interest	11			10
Rental expense representative of interest factor	25			30
	139			157
Total adjusted earnings available for payment of     fixed charges	$	1,980		$	1,938
Number of times fixed charges earned	14.2			12.3

EX-31.1

Exhibit 31.1

CERTIFICATIONS

I, Ellen J. Kullman, certify that:

1. I have reviewed this report on Form 10-Q for the period ended March 31, 2014 of E. I. du Pont de Nemours and Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent function):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	April 22, 2014
By:	/s/ Ellen J. Kullman
	Ellen J. Kullman
	Chief Executive Officer and
	Chair of the Board

EX-31.2

Exhibit 31.2

CERTIFICATIONS

I, Nicholas C. Fanandakis, certify that:

1. I have reviewed this report on Form 10-Q for the period ended March 31, 2014 of E. I. du Pont de Nemours and Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent function):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	April 22, 2014
By:	/s/ Nicholas C. Fanandakis
	Nicholas C. Fanandakis
	Executive Vice President and
	Chief Financial Officer

EX-32.1

Exhibit 32.1

Certification of CEO Pursuant to

18 U.S.C. Section 1350,

As Adopted Pursuant to

Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Quarterly Report of E. I. du Pont de Nemours and Company (the “Company”) on Form 10-Q for the period ended March 31, 2014 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), Ellen J. Kullman, as Chief Executive Officer of the Company, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Ellen J. Kullman

Ellen J. Kullman

Chief Executive Officer

April 22, 2014

EX-32.2

Exhibit 32.2

Certification of CFO Pursuant to

18 U.S.C. Section 1350,

As Adopted Pursuant to

Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the Quarterly Report of E. I. du Pont de Nemours and Company (the “Company”) on Form 10-Q for the period ended March 31, 2014 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), Nicholas C. Fanandakis, as Chief Financial Officer of the Company, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Nicholas C. Fanandakis

Nicholas C. Fanandakis

Chief Financial Officer

April 22, 2014

EX-95

Exhibit 95

MINE SAFETY DISCLOSURES

The company owns and operates a surface mine near Starke, Florida. The following table provides information about citations, orders and notices issued from the Mine Safety and Health Administration (MSHA) under the Federal Mine Safety and Health Act of 1977 (Mine Act) for the quarter ended March 31, 2014.

Mine (MSHA Identification Number)	Section 104 S&S1  Citations (#)	Section104(b) Orders (#)	Section 104(d) Citations and Orders (#)	Section 110(b)(2) Violations (#)	Section 107(a) Orders (#)	Total Dollar Value of MSHA Assessments Proposed ($)		Total Number of Mining Related Fatalities (#)	Received Notice of Pattern of Violations Under Section 104(e) (yes/no)	Received Notice of Potential to Have Pattern Under Section 104(e) (yes/no)	Legal Actions Pending as of Last Day of Period (#)	Legal Actions Initiated During Period (#)	Legal Actions Resolved During Period (#)
Starke, FL (0800225)	4	—	—	—	—	$	—	—	No	No	—	—	—

¹  S&S refers to significant and substantial violations of mandatory health or safety standards under section 104 of the Mine Act.

XML

Goodwill and Other Intangible Assets (Narrative) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Goodwill and Other Intangible Assets
Aggregate pre-tax amortization expense	$ 125	$ 106
Continuing Operations [Member]
Goodwill and Other Intangible Assets
Aggregate pre-tax amortization expense	125	106
Pre-tax amortization expense, 2014	247
Pre-tax amortization expense, 2015	384
Pre-tax amortization expense, 2016	349
Pre-tax amortization expense, 2017	220
Pre-tax amortization expense, 2018	206
Pre-tax amortization expense, 2019	$ 202

XML

Long-Term Employee Benefits (Schedules of Net Periodic Benefit Cost) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 60	$ 71
Interest cost	292	273
Expected return on plan assets	(402)	(382)
Amortization of loss	149	241
Amortization of prior service cost (benefit)	1	3
Curtailment (gain) loss	0	1
Settlement loss	0	152
Net periodic benefit cost	100	359
Other Long-Term Employee Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	4	8
Interest cost	31	33
Amortization of loss	14	27
Amortization of prior service cost (benefit)	(53)	(48)
Curtailment (gain) loss	0	(154)
Settlement loss	0	1
Net periodic benefit cost	$ (4)	$ (133)

XML

Financial Instruments (Cash Equivalents) (Narrative) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Fair Value, Inputs, Level 1 [Member]
Fair value of cash equivalents	$ 271	$ 5,116
Fair Value, Inputs, Level 2 [Member]
Fair value of cash equivalents	$ 2,061	$ 2,256

XML

Segment Information (Schedule of Segment Information) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended				33 Months Ended	3 Months Ended				3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014 Imprelis [Member]	Mar. 31, 2013 Imprelis [Member]	Mar. 30, 2014 Imprelis [Member]	Mar. 31, 2014 Agriculture [Member]	Mar. 31, 2013 Agriculture [Member]		Dec. 31, 2013 Agriculture [Member]	Mar. 31, 2013 Agriculture [Member] Imprelis [Member]	Mar. 31, 2014 Electronics and Communications [Member]	Mar. 31, 2013 Electronics and Communications [Member]	Mar. 31, 2014 Industrial Biosciences [Member]	Mar. 31, 2013 Industrial Biosciences [Member]	Mar. 31, 2014 Nutrition and Health [Member]	Mar. 31, 2013 Nutrition and Health [Member]	Mar. 31, 2014 Performance Chemicals [Member]	Mar. 31, 2013 Performance Chemicals [Member]	Mar. 31, 2014 Performance Materials [Member]	Mar. 31, 2013 Performance Materials [Member]	Mar. 31, 2014 Safety and Protection [Member]	Mar. 31, 2013 Safety and Protection [Member]	Mar. 31, 2014 Other [Member]	Mar. 31, 2013 Other [Member]
Segment sales	$ 10,209	$ 10,494				$ 4,394	$ 4,669				$ 580	$ 616	$ 301	$ 289	$ 861	$ 868	$ 1,532	$ 1,585	$ 1,593	$ 1,559	$ 947	$ 907	$ 1	$ 1
Less: Transfers	81	86				3	5				3	4	3	3	0	0	57	54	14	19	1	1	0	0
Net sales	10,128	10,408				4,391	4,664				577	612	298	286	861	868	1,475	1,531	1,579	1,540	946	906	1	1
PTOI	2,248	2,241				1,442	1,481	[1]			75	49	56	41	93	76	200	251	299	292	175	138	(92)	(87)
Segment net assets						9,196			5,883
Increase in net assets						3,313
Loss Contingency			$ 0	$ (35)	$ (1,175)					$ (35)

[1] Included charges of $(35) during the three months ended March 31, 2013, recorded in Other operating charges associated with the company's process to fairly resolve claims associated with the use of Imprelis®. See Note 8 for additional information.

XML

Stockholder's Equity (Schedule of Accumulated Other Comprehensive Loss) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
AOCI [Roll Forward]
Accumulated other comprehensive loss, beginning balance	$ (5,441)	$ (8,646)
Other comprehensive income (loss) before reclassifications	(47)	(165)
Amounts reclassified from accumulated other comprehensive loss	86	149
Accumulated other comprehensive loss, ending balance	(5,402)	(8,662)
Cumulative Translation Adjustment [Member]
AOCI [Roll Forward]
Accumulated other comprehensive loss, beginning balance	(140)	(167)
Other comprehensive income (loss), before reclassifications, CTA	(72)	(209)
Amounts reclassified from accumulated other comprehensive loss	0	0
Accumulated other comprehensive loss, ending balance	(212)	(376)
Net Revaluation and Clearance of Cash Flow Hedges to Earnings
AOCI [Roll Forward]
Accumulated other comprehensive loss, beginning balance	(48)	3
Other comprehensive income (loss), before reclassifications, cash flow hedges	24	(9)
Amounts reclassified from accumulated other comprehensive loss, cash flow hedges	11	(6)
Accumulated other comprehensive loss, ending balance	(13)	(12)
Pension Plans [Member]
AOCI [Roll Forward]
Accumulated other comprehensive loss, beginning balance	(5,749)	(8,686)
Other comprehensive income, before reclassifications, pension and other benefit plans	1	42
Amounts reclassified from accumulated other comprehensive loss, pension and other benefit plans	99	269
Accumulated other comprehensive loss, ending balance	(5,649)	(8,375)
Other Long-Term Employee Benefit Plans [Member]
AOCI [Roll Forward]
Accumulated other comprehensive loss, beginning balance	494	202
Other comprehensive income, before reclassifications, pension and other benefit plans	0	11
Amounts reclassified from accumulated other comprehensive loss, pension and other benefit plans	(24)	(112)
Accumulated other comprehensive loss, ending balance	470	101
Unrealized Gain (Loss) on Securities
AOCI [Roll Forward]
Accumulated other comprehensive loss, beginning balance	2	2
Other comprehensive income (loss), before reclassifications, securities	0	0
Amounts reclassified from accumulated other comprehensive loss, securities	0	(2)
Accumulated other comprehensive loss, ending balance	$ 2	$ 0

XML

Other Income, Net (Schedule of Other Income) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Component of Other Income [Line Items]
Net exchange (losses) gains	$ (96)		$ 11
Total	17		92
Exchange gains (losses) related to earnings of affiliates	(2)		5
Other Income [Member]
Component of Other Income [Line Items]
Royalty income	38		37
Interest income	28		27
Equity in earnings (losses) of affiliates, excluding exchange gains / losses	13	[1]	(7)	[1]
Net gain on sales of other assets	7		5
Net exchange (losses) gains	(96)	[1]	11	[1]
Cozaar/Hyzaar income	1		2
Miscellaneous income and expenses, net	26	[2]	17	[2]
Total	17		92
Foreign currency loss due to devaluation of Ukrainian hryvnia [Member]
Component of Other Income [Line Items]
Net exchange (losses) gains	(39)	[1]
Foreign currency loss due to devaluation of Argentinian peso [Member]
Component of Other Income [Line Items]
Net exchange (losses) gains	(14)	[1]
Foreign currency loss due to devaluation of Venezuelan Bolivar [Member]
Component of Other Income [Line Items]
Net exchange (losses) gains			$ (36)

[1] The company routinely uses foreign currency exchange contracts to offset its net exposures, by currency, related to the foreign currency-denominated monetary assets and liabilities. The objective of this program is to maintain an approximately balanced position in foreign currencies in order to minimize, on an after-tax basis, the effects of exchange rate changes on net monetary asset positions. The net pre-tax exchange gains (losses) are recorded in Other income, net and the related tax impact is recorded in Provision for income taxes on continuing operations on the interim Consolidated Income Statements. Exchange gains (losses) related to earnings of affiliates was $(2) and $5 for the three months ended March 31, 2014 and 2013, respectively. The $(96) net exchange loss for the three months ended March 31, 2014, includes $(39) and $(14) exchange losses, associated with the devaluation of the Ukrainian hryvnia and Argentinian peso, respectively. The $11 net exchange gain for the three months ended March 31, 2013, includes a $(36) exchange loss, associated with the devaluation of the Venezuelan bolivar.

[2] Miscellaneous income and expenses, net, generally includes interest items, certain insurance recoveries and litigation settlements, and other items.

XML

Commitments and Contingent Liabilities (Tables)

3 Months Ended

Mar. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Schedule of Guaranteed Obligations

	Short-Term		Long-Term		Total
Obligations for customers and suppliers1:
Bank borrowings (terms up to 8 years)	$	288	$	84	$	372
Leases on equipment and facilities (terms up to 5 years)	—		2		2
Obligations for equity affiliates2:
Bank borrowings (terms less than 1 year)	189		—		189
Total	$	477	$	86	$	563

¹  Existing guarantees for customers and suppliers, as part of contractual agreements.

² Existing guarantees for equity affiliates' liquidity needs in normal operations.

XML

Financial Instruments (Effect of Cash Flows Hedges on Accumulated Other Comprehensive Income (Loss)) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Derivative [Line Items]
Portion of ending balance expected to be reclassified into earnings over the next twelve months, after-tax	$ (13)
Cash Flow Hedging [Member]
Derivative [Line Items]
Beginning Balance	(48)	3
Additions and revaluations of derivatives designated as cash flow hedges	24	(9)
Clearance of hedge results to earnings	11	(6)
Ending Balance	$ (13)	$ (12)

XML

Commitments and Contingent Liabilities (Litigation) (Narrative) (Details) (USD $) In Millions, unless otherwise specified		12 Months Ended		3 Months Ended	1 Months Ended
	Mar. 31, 2014 PFOA Matters [Member]	Dec. 31, 2004 PFOA Matters: Drinking Water Actions [Member] resident	Jan. 31, 2012 PFOA Matters: Drinking Water Actions [Member]	Mar. 31, 2014 PFOA Matters: Additional Actions - Ohio MDL [Member]	Mar. 30, 2014 PFOA Matters: Additional Actions - West Virginia [Member]	Jul. 31, 2005 Payment for Plaintiffs Attorney Fees [Member] PFOA Matters: Drinking Water Actions [Member]	Jul. 31, 2005 Payment to fund community health project [Member] PFOA Matters: Drinking Water Actions [Member]	Mar. 31, 2014 Funding for medical monitoring program [Member] PFOA Matters: Drinking Water Actions [Member]
Loss Contingencies [Line Items]
Accrual balance	$ 15
Binding settlement agreement, class size		80,000
Settlement payments						23	70
Loss contingency, potential additional loss								235
Escrow deposit			$ 1
Lawsuits alleging personal injury				104
New lawsuits filed alleging personal injury				21
Lawsuits alleging wrongful death				6
Lawsuits alleging personal injury that have not been served					900

XML

Inventories (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Inventory, Net [Abstract]
Finished products	$ 4,794	$ 4,645
Semifinished products	2,110	2,576
Raw materials, stores and supplies	1,248	1,360
Total inventories before LIFO adjustment	8,152	8,581
Adjustment of inventories to a last-in, first-out (LIFO) basis	(542)	(539)
Total	$ 7,610	$ 8,042

XML

Financial Instruments (Effect of Derivative Instruments) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in OCI (effective portion)	$ 38	[1]	$ (16)	[1]
Amount of Gain (Loss) Recognized in Income	(95)	[2]	115	[2]
Other Income, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on foreign currency denominated monetary assets and liabilities	(50)		(95)
Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in OCI (effective portion)	38	[1]	(16)	[1]
Amount of Gain (Loss) Recognized in Income	(25)	[2]	3	[2]
Designated as Hedging Instrument [Member] | Foreign Currency Contract [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in OCI (effective portion)	(1)	[1]	14	[1]
Designated as Hedging Instrument [Member] | Foreign Currency Contract [Member] | Net sales [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(1)	[2]	(4)	[2]
Designated as Hedging Instrument [Member] | Commodity Contract [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in OCI (effective portion)	39	[1]	(30)	[1]
Designated as Hedging Instrument [Member] | Commodity Contract [Member] | Cost of goods sold [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(17)	[2]	14	[2]
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in OCI (effective portion)	0	[1]	0	[1]
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Interest Expense [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(7)	[3]	(7)	[3]
Gain (loss) recognized in interest expense offset	0		0
Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in OCI (effective portion)	0	[1]	0	[1]
Amount of Gain (Loss) Recognized in Income	(70)	[2]	112	[2]
Not Designated as Hedging Instrument [Member] | Foreign Currency Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in OCI (effective portion)	0	[1]	0	[1]
Not Designated as Hedging Instrument [Member] | Foreign Currency Contract [Member] | Other Income, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	(46)	[4]	106	[4]
Not Designated as Hedging Instrument [Member] | Commodity Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in OCI (effective portion)	0	[1]	0	[1]
Not Designated as Hedging Instrument [Member] | Commodity Contract [Member] | Cost of goods sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income	$ (24)		$ 6

[1] OCI is defined as other comprehensive income (loss).

[2] For cash flow hedges, this represents the effective portion of the gain (loss) reclassified from accumulated OCI into income during the period. For the three months ended March 31, 2014 and 2013, there was no material ineffectiveness with regard to the company's cash flow hedges.

[3] Gain (loss) recognized in income of derivative is offset to $0 by gain (loss) recognized in income of the hedged item.

[4] Gain (loss) recognized in other income, net, was partially offset by the related gain (loss) on the foreign currency-denominated monetary assets and liabilities of the company's operations, which were $(50) and $(95) for the three months ended March 31, 2014 and 2013, respectively.

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Financial Instruments (Debt) (Narrative) (Details) (Fair Value, Inputs, Level 2 [Member], USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Fair Value, Inputs, Level 2 [Member]
Fair value of debt	$ 11,930	$ 12,860

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Other Income, Net

3 Months Ended

Mar. 31, 2014

Other Income and Expenses [Abstract]

Other Income, Net

Other Income, Net

	Three Months Ended
	March 31,
	2014			2013
Royalty income	$	38		$	37
Interest income	28			27
Equity in earnings (losses) of affiliates, excluding exchange gains/losses1	13			(7		)
Net gain on sales of other assets	7			5
Net exchange (losses) gains1	(96		)	11
Cozaar®/Hyzaar® income	1			2
Miscellaneous income and expenses, net 2	26			17
Other income, net	$	17		$	92

¹ The company routinely uses foreign currency exchange contracts to offset its net exposures, by currency, related to the foreign currency-denominated monetary assets and liabilities. The objective of this program is to maintain an approximately balanced position in foreign currencies in order to minimize, on an after-tax basis, the effects of exchange rate changes on net monetary asset positions. The net pre-tax exchange gains (losses) are recorded in Other income, net and the related tax impact is recorded in Provision for income taxes on continuing operations on the interim Consolidated Income Statements. Exchange gains (losses) related to earnings of affiliates was $(2) and $5 for the three months ended March 31, 2014 and 2013, respectively. The $(96) net exchange loss for the three months ended March 31, 2014, includes $(39) and $(14) exchange losses, associated with the devaluation of the Ukrainian hryvnia and Argentinian peso, respectively. The $11 net exchange gain for the three months ended March 31, 2013, includes a $(36) exchange loss, associated with the devaluation of the Venezuelan bolivar.

²   Miscellaneous income and expenses, net, generally includes interest items, certain insurance recoveries and litigation settlements, and other items.

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Commitments and Contingent Liabilities Commitments and Contingent Liabilities (Environmental) (Narrative) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014
Environmental Remediation [Line Items]
Accrual for environmental remediation activities	$ 467
Potential liability multiplier in excess of accrued amount	3
Minimum [Member]
Environmental Remediation [Line Items]
Average time frame of disbursements of environmental site remediation	15 years
Maximum [Member]
Environmental Remediation [Line Items]
Average time frame of disbursements of environmental site remediation	20 years

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Segment Information (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Schedule of Segment Information

Three Months Ended March 31,	Agriculture1			Electronics & Communications		Industrial Biosciences		Nutrition & Health		Performance Chemicals		Performance Materials		Safety & Protection		Other			Total
2014
Segment sales	$	4,394		$	580	$	301	$	861	$	1,532	$	1,593	$	947	$	1		$	10,209
Less: Transfers	3			3		3		—		57		14		1		—			81
Net sales	4,391			577		298		861		1,475		1,579		946		1			10,128
PTOI	1,442			75		56		93		200		299		175		(92		)	2,248
2013
Segment sales	$	4,669		$	616	$	289	$	868	$	1,585	$	1,559	$	907	$	1		$	10,494
Less: Transfers	5			4		3		—		54		19		1		—			86
Net sales	4,664			612		286		868		1,531		1,540		906		1			10,408
PTOI	1,481		2	49		41		76		251		292		138		(87		)	2,241

¹  As of March 31, 2014, Agriculture net assets were $9,196, an increase of $3,313 from $5,883 at December 31, 2013. The increase was primarily due to higher trade receivables due to normal seasonality in the sales and cash collections cycle.

²  Included charges of $(35) during the three months ended March 31, 2013, recorded in Other operating charges associated with the company's process to fairly resolve claims associated with the use of Imprelis^®. See Note 8 for additional information.

Reconciliation to Consolidated Income Statements

	Three Months Ended March 31,
	2014			2013
Total segment PTOI	$	2,248		$	2,241
Non-operating pension and other postretirement employee benefit costs	(30		)	(147		)
Net exchange (losses) gains, including affiliates	(96		)	11
Corporate expenses	(217		)	(214		)
Interest expense	(103		)	(117		)
Income from continuing operations before income taxes	$	1,802		$	1,774

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Long-Term Employee Benefits (Tables)

3 Months Ended

Mar. 31, 2014

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Schedules of Net Periodic Benefit Cost

	Three Months Ended
	March 31,
	2014			2013
Service cost	$	60		$	71
Interest cost	292			273
Expected return on plan assets	(402		)	(382		)
Amortization of loss	149			241
Amortization of prior service cost	1			3
Curtailment loss	—			1
Settlement loss	—			152
Net periodic benefit cost	$	100		$	359

	Three Months Ended
	March 31,
	2014			2013
Service cost	$	4		$	8
Interest cost	31			33
Amortization of loss	14			27
Amortization of prior service benefit	(53		)	(48		)
Curtailment gain	—			(154		)
Settlement loss	—			1
Net periodic benefit cost	$	(4	)	$	(133	)

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Segment Information (Reconciliation to Consolidated Income Statements) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Segment Information
Total segment PTOI	$ 2,248	$ 2,241
Non operating pension and other post retirement employee benefit costs	(30)	(147)
Net exchange (losses) gains, including affiliates	(96)	11
Corporate expenses	(217)	(214)
Interest expense	(103)	(117)
Income from continuing operations before income taxes	$ 1,802	$ 1,774

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Stockholders' Equity (Share Repurchase Program) (Narrative) (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		1 Months Ended		3 Months Ended	1 Months Ended			6 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Feb. 28, 2014 January 2014 Buyback Plan [Member]	Jan. 31, 2014 January 2014 Buyback Plan [Member]	Mar. 31, 2014 January 2014 Buyback Plan [Member]	Feb. 28, 2014 Q1 2014 Open Market Purchases [Member]	Feb. 28, 2013 December 2012 Buyback Plan [Member]	Dec. 31, 2012 December 2012 Buyback Plan [Member]	Jun. 30, 2013 December 2012 Buyback Plan [Member]
Equity, Class of Treasury Stock [Line Items]
Share buyback plan, Authorized Amount				$ 5,000				$ 1,000
Prepayment for the repurchase of common stock	1,061	1,000	1,000				1,000
Payment for the repurchase of common stock						$ 61
Stock Repurchased and Retired During Period, Shares					12.5	1.0			20.4
Treasury Stock Acquired, Average Cost Per Share						$ 61.32
Percentage of share repurchase agreement completed					80.00%

XML

Summary of Significant Accounting Policies Venezuelan Foreign Currency Translation (Details) (USD $)	Mar. 31, 2014
Venezuelan BsF net monetary assets at CENCOEX rate	$ 70,000,000
Foreign exchange rate - Bolivar [Member]
Official currency exchange rate in Venezuela	6.3
Foreign exchange rate - SICAD 1 [Member]
SICAD 1 Venezuelan foreign currency exchange rate	10.7
Foreign exchange rate - SICAD 2 [Member]
SICAD 2 Venezuelan foreign currency exchange rate	$ 50.85

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Divestitures and Other Transactions (Narrative) (Details) (USD $) In Millions, unless otherwise specified		3 Months Ended
	Mar. 31, 2014 GLS/Vinyls [Member]	Mar. 31, 2014 Performance Chemicals [Member]	Mar. 31, 2013 Performance Coatings [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business - net	$ 543
Separation related transaction costs		16
Pre-tax gain on sale of discontinued operation			2,683
After-tax gain on sale of discontinued operation			$ 1,942

XML

Divestitures and Other Transactions

3 Months Ended

Mar. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Divestitures and Other Transactions

Glass Laminating Solutions/Vinyls

In November 2013, DuPont entered into a definitive agreement to sell Glass Laminating Solutions/Vinyls (GLS/Vinyls), a part of Packaging & Industrial Polymers, to Kuraray Co. Ltd. for $543, plus the value of the inventories. The sale is expected to close about mid-2014 pending customary closing conditions, including timing of antitrust clearance.

The assets classified as held for sale at March 31, 2014 and December 31, 2013 related to GLS/Vinyls primarily consist of inventory and property, plant and equipment.

Performance Chemicals

On October 24, 2013, DuPont announced that it intends to separate its Performance Chemicals segment through a U.S. tax-free spin-off to shareholders, subject to customary closing conditions. The company expects to complete the separation about mid-2015. During the three months ended March 31, 2014, the company incurred $16 of costs associated with the transaction which were reported in Other operating charges in the interim Consolidated Income Statements. These transaction costs primarily relate to professional fees associated with preparation of regulatory filings and separation activities within finance, legal and information system functions.

Performance Coatings

In February 2013, the company sold its Performance Coatings business to Flash Bermuda Co. Ltd., a Bermuda exempted limited liability company formed by affiliates of The Carlyle Group (collectively referred to as "Carlyle"). The sale resulted in a pre-tax gain of $2,683 ($1,942 net of tax). The gain was recorded in Income from discontinued operations after income taxes in the company's interim Consolidated Income Statements for the three months ended March 31, 2013.

The results of discontinued operations are summarized below:

	Three Months Ended
	March 31,
	2013
Net sales	$	331
Income before income taxes	$	2,715
Provision for income taxes	747
Income from discontinued operations after income taxes	$	1,968

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Divestitures and Other Transactions (Summarized Financial Info) (Details) (Performance Coatings [Member], USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2013
Performance Coatings [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	$ 331
Income before income taxes	2,715
Provision for income taxes	747
Income from discontinued operations after income taxes	$ 1,968

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Commitments and Contingent Liabilities (Guarantees) (Details) (USD $) In Millions, unless otherwise specified			3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014 Customer and Supplier Guarantee [Member]	Mar. 31, 2014 Customer and Supplier Guarantee, Bank Borrowings [Member] Y		Mar. 31, 2014 Customer and Supplier Guarantee, Leases on Equipment and Facilities [Member] Y		Mar. 31, 2014 Equity Affiliates, Bank Borrowings [Member] Y		Mar. 31, 2014 Guarantee Obligations, Long Term [Member]	Mar. 31, 2014 Guarantee Obligations, Long Term [Member] Customer and Supplier Guarantee, Bank Borrowings [Member]		Mar. 31, 2014 Guarantee Obligations, Long Term [Member] Customer and Supplier Guarantee, Leases on Equipment and Facilities [Member]		Mar. 31, 2014 Guarantee Obligations, Long Term [Member] Equity Affiliates, Bank Borrowings [Member]		Mar. 31, 2014 Guaranteed Obligations Short Term [Member]	Mar. 31, 2014 Guaranteed Obligations Short Term [Member] Customer and Supplier Guarantee, Bank Borrowings [Member]		Mar. 31, 2014 Guaranteed Obligations Short Term [Member] Customer and Supplier Guarantee, Leases on Equipment and Facilities [Member]		Mar. 31, 2014 Guaranteed Obligations Short Term [Member] Equity Affiliates, Bank Borrowings [Member]
Guarantor Obligations [Line Items]
Guarantee obligations	$ 563	$ 561	$ 374	$ 372	[1]	$ 2	[1]	$ 189	[2]	$ 86	$ 84	[1]	$ 2	[1]	$ 0	[2]	$ 477	$ 288	[1]	$ 0	[1]	$ 189	[2]
Collateral assets and personal guarantees percentage			48.00%
Guaranteed obligations, maximum term				8		5		1

[1] Existing guarantees for customers and suppliers, as part of contractual agreements.

[2] Existing guarantees for equity affiliates' liquidity needs in normal operations.

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Long-Term Employee Benefits Defined Benefit Plans (Narrative) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2013
Impact of sale of Business on Pension Plan [Member] | Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Settlement and curtailment losses (gains)	$ 153
Impact of sale of Business on Other Long-Term Employee Benefit Plans [Member] | Other Long-Term Employee Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Settlement and curtailment losses (gains)	$ (153)

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Consolidated Income Statements (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Net sales	$ 10,128	$ 10,408
Other income, net	17	92
Total	10,145	10,500
Cost of goods sold	6,000	6,193
Other operating charges	797	912
Selling, general and administrative expenses	925	983
Research and development expense	518	521
Interest expense	103	117
Total	8,343	8,726
Income from continuing operations before income taxes	1,802	1,774
Provision for income taxes on continuing operations	357	387
Income from continuing operations after income taxes	1,445	1,387
Income from discontinued operations after income taxes	0	1,968
Net income	1,445	3,355
Less: Net income attributable to noncontrolling interests	6	7
Net income attributable to DuPont	$ 1,439	$ 3,348
Basic earnings per share of common stock from continuing operations	$ 1.56	$ 1.48
Basic earnings per share of common stock from discontinued operations	$ 0.00	$ 2.12
Basic earnings per share of common stock	$ 1.56	$ 3.60
Diluted earnings per share of common stock from continuing operations	$ 1.54	$ 1.47
Diluted earnings per share of common stock from discontinued operations	$ 0.00	$ 2.10
Diluted earnings per share of common stock	$ 1.54	$ 3.58
Dividends per share of common stock	$ 0.45	$ 0.43

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Stockholders' Equity (Schedule of Other Comprehensive Income) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Components of Other Comprehensive Income (Loss) [Line Items]
Cumulative translation adjustment, pre-tax	$ (72)		$ (209)
Cumulative translation adjustment, tax	0		0
Cumulative translation adjustment, after-tax	(72)		(209)
Additions and revaluations of derivatives designated as cash flow hedges, pre-tax	38	[1]	(16)	[1]
Additions and revaluations of derivatives designated as cash flow hedges, tax	(14)		7
Additions and revaluations of derivatives designated as cash flow hedges, after-tax	24		(9)
Clearance of hedge results to earnings, pre-tax	18		(10)
Net revaluation and clearance of cash flow hedges to earnings, pre-tax	56		(26)
Net revaluation and clearance of cash flow hedges to earnings, tax	(21)		11
Net revaluation and clearance of cash flow hedges to earnings, after-tax	35		(15)
Net unrealized loss on securities, pre-tax	0		(2)
Net unrealized loss on securities, tax	0		0
Net unrealized loss on securities, net of tax	0		(2)
Other comprehensive income (loss), pre-tax	96		59
Other comprehensive income (loss), tax	(57)		(75)
Other comprehensive income (loss), after-tax	39		(16)
Net sales [Member] | Foreign Currency Contract [Member]
Components of Other Comprehensive Income (Loss) [Line Items]
Clearance of hedge results to earnings, pre-tax	1		4
Clearance of hedge results to earnings, tax	0		(1)
Clearance of hedge results to earnings, after-tax	1		3
Cost of goods sold [Member] | Commodity Contract [Member]
Components of Other Comprehensive Income (Loss) [Line Items]
Clearance of hedge results to earnings, pre-tax	17		(14)
Clearance of hedge results to earnings, tax	(7)		5
Clearance of hedge results to earnings, after-tax	10		(9)
Pension Plans [Member]
Components of Other Comprehensive Income (Loss) [Line Items]
Net gain, pre-tax	1	[1]	56	[1]
Net gain, tax	0		(14)
Net gain, after-tax	1		42
Amortization of prior service cost (benefit), pre-tax	1	[2]	3	[2]
Amortization of prior service cost (benefit), tax	0		(1)
Amortization of prior service cost (benefit), after tax	1		2
Amortization of loss, pre-tax	149	[2]	241	[2]
Amortization of loss, tax	(51)		(82)
Amortization of loss, after tax	98		159
Curtailment (gain) loss, pre-tax	0	[2]	1	[2]
Curtailment (gain) loss, tax	0		0
Curtailment (gain) loss, after tax	0		1
Settlement loss, pre-tax	0	[2]	152	[2]
Settlement loss, tax	0		(45)
Settlement loss, after tax	0		107
Benefit plans, net, pre-tax	151		453
Benefit plans, net, tax	(51)		(142)
Benefit plans, net, after-tax	100		311
Other Long-Term Employee Benefit Plans [Member]
Components of Other Comprehensive Income (Loss) [Line Items]
Net gain, pre-tax	0	[1]	17	[1]
Net gain, tax	0		(6)
Net gain, after-tax	0		11
Amortization of prior service cost (benefit), pre-tax	(53)	[2]	(48)	[2]
Amortization of prior service cost (benefit), tax	19		17
Amortization of prior service cost (benefit), after tax	(34)		(31)
Amortization of loss, pre-tax	14	[2]	27	[2]
Amortization of loss, tax	(4)		(9)
Amortization of loss, after tax	10		18
Curtailment (gain) loss, pre-tax	0	[2]	(154)	[2]
Curtailment (gain) loss, tax	0		54
Curtailment (gain) loss, after tax	0		(100)
Settlement loss, pre-tax	0	[2]	1	[2]
Settlement loss, tax	0		0
Settlement loss, after tax	0		1
Benefit plans, net, pre-tax	(39)		(157)
Benefit plans, net, tax	15		56
Benefit plans, net, after-tax	$ (24)		$ (101)

[1] These amounts represent changes in accumulated other comprehensive income excluding changes due to reclassifying amounts to the interim Consolidated Income Statements.

[2] These accumulated other comprehensive income components are included in the computation of net periodic benefit cost of the company's pension and other long-term employee benefit plans. See Note 11 for additional information.

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Condensed Consolidated Statements of Cash Flows (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Operating activities
Net income	$ 1,445	$ 3,355
Adjustments to reconcile net income to cash used for operating activities:
Depreciation	312	327
Amortization of intangible assets	125	106
Other operating charges and credits - net	313	(23)
Gain on sale of business	0	(2,683)
Contributions to pension plans	(101)	(110)
Change in operating assets and liabilities - net	(4,515)	(3,639)
Cash used for operating activities	(2,421)	(2,667)
Investing activities
Purchases of property, plant and equipment	(320)	(321)
Investments in affiliates	(22)	(18)
Proceeds from sale of business - net	0	4,815
Proceeds from sales of assets - net	7	83
Net decrease in short-term financial instruments	80	99
Forward exchange contract settlements	15	(47)
Other investing activities - net	4	(3)
Cash (used for) provided by investing activities	(236)	4,608
Financing activities
Dividends paid to stockholders	(420)	(405)
Net (decrease) increase in borrowings	(1,127)	1,558
Prepayment / Repurchase of common stock	(1,061)	(1,000)
Proceeds from exercise of stock options	153	117
Other financing activities - net	(14)	61
Cash (used for) provided by financing activities	(2,469)	331
Effect of exchange rate changes on cash	(33)	(96)
(Decrease) increase in cash and cash equivalents	(5,159)	2,176
Cash and cash equivalents at beginning of period	8,941	4,379
Cash and cash equivalents at end of period	$ 3,782	$ 6,555

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Earnings Per Share of Common Stock (Earnings Per Share of Common Stock Reconciliation) (Details) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Line Items]
Income from discontinued operations after income taxes	$ 0	$ 1,968
Earnings Per Share Numerator [Member]
Earnings Per Share [Line Items]
Income from continuing operations after income taxes attributable to DuPont	1,439	1,380
Preferred dividends	(2)	(3)
Income from continuing operations after income taxes available to DuPont common stockholders	1,437	1,377
Income from discontinued operations after income taxes	0	1,968
Net income available to common stockholders	$ 1,437	$ 3,345
Earnings Per Share Denominator [Member]
Earnings Per Share [Line Items]
Weighted-average number of common shares outstanding - Basic	923,461,000	928,348,000
Dilutive effect of the company's employee compensation plans	7,271,000	7,042,000
Weighted average number of common shares outstanding - Diluted	930,732,000	935,390,000

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Earnings Per Share of Common Stock (Tables)

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share of Common Stock Reconciliation Table

	Three Months Ended
	March 31,
	2014			2013
Numerator:
Income from continuing operations after income taxes attributable to DuPont	$	1,439		$	1,380
Preferred dividends	(2		)	(3		)
Income from continuing operations after income taxes available to DuPont common stockholders	$	1,437		$	1,377
Income from discontinued operations after income taxes	$	—		$	1,968
Net income available to common stockholders	$	1,437		$	3,345
Denominator:
Weighted-average number of common shares outstanding - Basic	923,461,000			928,348,000
Dilutive effect of the company’s employee compensation plans	7,271,000			7,042,000
Weighted-average number of common shares outstanding - Diluted	930,732,000			935,390,000

Average Number of Antidilutive Stock Options

	Three Months Ended
	March 31,
	2014	2013
Average number of stock options	—	10,384,000

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Earnings Per Share of Common Stock (Schedule of Average Number of Antidilutive Stock Options) (Details) (Stock Options [Member])	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Average number of stock options	0	10,384,000

XML

Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Other Intangible Assets

The gross carrying amounts and accumulated amortization of other intangible assets by major class are as follows: 

	March 31, 2014							December 31, 2013
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Intangible assets subject to amortization (Definite-lived):
Customer lists	$	1,811	$	(416	)	$	1,395	$	1,818	$	(393	)	$	1,425
Patents	518		(172		)	346		519		(160		)	359
Purchased and licensed technology	2,015		(1,214		)	801		1,999		(1,129		)	870
Trademarks	43		(18		)	25		43		(17		)	26
Other 1	244		(109		)	135		242		(106		)	136
	4,631		(1,929		)	2,702		4,621		(1,805		)	2,816
Intangible assets not subject to amortization (Indefinite-lived):
In-process research and development	45		—			45		43		—			43
Microbial cell factories 2	306		—			306		306		—			306
Pioneer germplasm 3	1,047		—			1,047		1,050		—			1,050
Trademarks/tradenames	875		—			875		881		—			881
	2,273		—			2,273		2,280		—			2,280
Total	$	6,904	$	(1,929	)	$	4,975	$	6,901	$	(1,805	)	$	5,096

¹   Primarily consists of sales and grower networks, marketing and manufacturing alliances and noncompetition agreements.

²   Microbial cell factories, derived from natural microbes, are used to sustainably produce enzymes, peptides and chemicals using natural metabolic processes. The company recognized the microbial cell factories as an intangible asset upon the acquisition of Danisco. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.

³   Pioneer germplasm is the pool of genetic source material and body of knowledge gained from the development and delivery stage of plant breeding. The company recognized germplasm as an intangible asset upon the acquisition of Pioneer. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.

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Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Significant Accounting Policies

Summary of Significant Accounting Policies

Interim Financial Statements

The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (GAAP) for interim financial information and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X.  In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair statement of the results for interim periods have been included.  Results for interim periods should not be considered indicative of results for a full year.  These interim Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and Notes thereto contained in the company’s Annual Report on Form 10-K for the year ended December 31, 2013, collectively referred to as the “2013 Annual Report”.  The Consolidated Financial Statements include the accounts of the company and all of its subsidiaries in which a controlling interest is maintained, as well as variable interest entities for which DuPont is the primary beneficiary. 

Basis of Presentation

Certain reclassifications of prior year's data have been made to conform to current year's presentation, including separately stating Cost of goods sold and Other operating charges on the interim Consolidated Income Statements. In February 2013, the company sold its Performance Coatings business (which represented a reportable segment). In accordance with GAAP, the results of Performance Coatings are presented as discontinued operations and, as such, have been excluded from continuing operations and segment results for all periods presented. The sum of the individual earnings per share amounts from continuing and discontinued operations may not equal the total company earnings per share amounts due to rounding. The cash flows and comprehensive income related to Performance Coatings have not been segregated and are included in the Condensed Consolidated Statements of Cash Flows and Comprehensive Income, respectively, for all periods presented. Amounts related to Performance Coatings are consistently included in or excluded from the Notes to the interim Consolidated Financial Statements based on the financial statement line item and period of each disclosure. See Note 2 for additional information.

Venezuelan Foreign Currency Translation

Venezuela is considered a highly inflationary economy under US GAAP and the U.S. dollar (USD) is the functional currency for our subsidiaries in Venezuela. During the first quarter 2014, the Venezuelan government enacted certain changes to the country’s foreign exchange systems including the expansion of the use of the Complementary System of Foreign Currency Acquirement (“SICAD 1”) auction rate and introduction of the SICAD 2 auction process. The official exchange rate continues to be set through the National Center for Foreign Commerce (CENCOEX, previously CADIVI) at 6.3 Bolivar Fuertes (BsF) to USD. The SICAD 1 and SICAD 2 exchange rates were 10.7 BsF and 50.85 BsF, respectively, at March 31, 2014. The company is evaluating the Venezuelan government’s recent actions affecting foreign exchange systems including restrictions, limitations and ability to obtain USD at a particular rate or through a specific exchange mechanism in relation to DuPont's in-country operations. The company continues to remeasure its Venezuelan BsF net monetary assets, which is approximately $70 at March 31, 2014, at the official CENCOEX rate.

Recent Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board (FASB) issued authoritative guidance amending existing requirements for reporting discontinued operations.  Under the new guidance, discontinued operations reporting will be limited to disposal transactions that represent strategic shifts having a major effect on operations and financial results. The amended guidance also enhances disclosures and requires assets and liabilities of a discontinued operation to be classified as such for all periods presented in the financial statements. Public entities will apply the amended guidance prospectively to all disposals occurring within annual periods beginning on or after December 15, 2014 and interim periods within those years. The company will adopt this standard on January 1, 2015. Due to the change in requirements for reporting discontinued operations described above, presentation and disclosures of future disposal transactions after adoption may be different than under current standards.

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Consolidated Statements of Comprehensive Income (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Net income	$ 1,445		$ 3,355
Cumulative translation adjustment	(72)		(209)
Additions and revaluations of derivatives designated as cash flow hedges	38	[1]	(16)	[1]
Clearance of hedge results to earnings	18		(10)
Net revaluation and clearance of cash flow hedges to earnings	56		(26)
Net unrealized loss on securities	0		(2)
Other comprehensive income, before tax	96		59
Income tax expense related to items of other comprehensive income	(57)		(75)
Other comprehensive (loss) income, net of tax	39		(16)
Comprehensive income	1,484		3,339
Less: comprehensive income attributable to noncontrolling interests	6		7
Comprehensive income attributable to DuPont	1,478		3,332
Pension Plans [Member]
Net gain	1		56
Amortization of prior service cost (benefit)	1		3
Amortization of loss	149		241
Curtailment / settlement loss (gain)	0		153
Benefit plans, net	151		453
Other Long-Term Employee Benefit Plans [Member]
Net gain	0		17
Amortization of prior service cost (benefit)	(53)		(48)
Amortization of loss	14		27
Curtailment / settlement loss (gain)	0		(153)
Benefit plans, net	$ (39)		$ (157)

[1] These amounts represent changes in accumulated other comprehensive income excluding changes due to reclassifying amounts to the interim Consolidated Income Statements.

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Long-Term Employee Benefits

3 Months Ended

Mar. 31, 2014

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Long-Term Employee Benefits

Long-Term Employee Benefits

Pension Plans

In February 2013, DuPont completed the sale of its Performance Coatings business. As a result of the sale, the company recorded settlement and curtailment losses of $153. See Note 2 for additional information.

The following sets forth the components of the company’s net periodic benefit cost for pensions:  

	Three Months Ended
	March 31,
	2014			2013
Service cost	$	60		$	71
Interest cost	292			273
Expected return on plan assets	(402		)	(382		)
Amortization of loss	149			241
Amortization of prior service cost	1			3
Curtailment loss	—			1
Settlement loss	—			152
Net periodic benefit cost	$	100		$	359

Other Long-Term Employee Benefit Plans

In conjunction with the sale of the Performance Coatings business noted above, the company recorded a net $153 settlement and curtailment gain. See Note 2 for additional information.

The following sets forth the components of the company’s net periodic benefit cost for other long-term employee benefits:  

	Three Months Ended
	March 31,
	2014			2013
Service cost	$	4		$	8
Interest cost	31			33
Amortization of loss	14			27
Amortization of prior service benefit	(53		)	(48		)
Curtailment gain	—			(154		)
Settlement loss	—			1
Net periodic benefit cost	$	(4	)	$	(133	)

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Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 15, 2014
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2014
Entity Registrant Name	DUPONT E I DE NEMOURS & CO
Entity Central Index Key	0000030554
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		918,348,000

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Segment Information

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Segment Information

Segment Information

Segment sales include transfers to another business segment. Segment pre-tax operating income (loss) (PTOI) is defined as income (loss) from continuing operations before income taxes excluding non-operating pension and other postretirement employee benefit costs, exchange gains (losses), corporate expenses and interest.

The earnings from the previous Pharmaceuticals segment are expected to be insignificant in 2014 and therefore, effective January 1, 2014, the results are reported within Other. Reclassifications of prior year data have been made to conform to current year classifications.

Three Months Ended March 31,	Agriculture1			Electronics & Communications		Industrial Biosciences		Nutrition & Health		Performance Chemicals		Performance Materials		Safety & Protection		Other			Total
2014
Segment sales	$	4,394		$	580	$	301	$	861	$	1,532	$	1,593	$	947	$	1		$	10,209
Less: Transfers	3			3		3		—		57		14		1		—			81
Net sales	4,391			577		298		861		1,475		1,579		946		1			10,128
PTOI	1,442			75		56		93		200		299		175		(92		)	2,248
2013
Segment sales	$	4,669		$	616	$	289	$	868	$	1,585	$	1,559	$	907	$	1		$	10,494
Less: Transfers	5			4		3		—		54		19		1		—			86
Net sales	4,664			612		286		868		1,531		1,540		906		1			10,408
PTOI	1,481		2	49		41		76		251		292		138		(87		)	2,241

¹  As of March 31, 2014, Agriculture net assets were $9,196, an increase of $3,313 from $5,883 at December 31, 2013. The increase was primarily due to higher trade receivables due to normal seasonality in the sales and cash collections cycle.

²  Included charges of $(35) during the three months ended March 31, 2013, recorded in Other operating charges associated with the company's process to fairly resolve claims associated with the use of Imprelis^®. See Note 8 for additional information.

Reconciliation to Consolidated Income Statements 

	Three Months Ended March 31,
	2014			2013
Total segment PTOI	$	2,248		$	2,241
Non-operating pension and other postretirement employee benefit costs	(30		)	(147		)
Net exchange (losses) gains, including affiliates	(96		)	11
Corporate expenses	(217		)	(214		)
Interest expense	(103		)	(117		)
Income from continuing operations before income taxes	$	1,802		$	1,774

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Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Assets
Cash and cash equivalents	$ 3,782	$ 8,941
Marketable securities	67	145
Accounts and notes receivable, net	8,040	6,047
Inventories	7,610	8,042
Prepaid expenses	338	206
Deferred income taxes	795	775
Assets held for sale	202	228
Total current assets	20,834	24,384
Property, plant and equipment, net of accumulated depreciation (March 31, 2014 - $19,626; December 31, 2013 - $19,438)	13,003	12,993
Goodwill	4,698	4,713
Other intangible assets	4,975	5,096
Investment in affiliates	987	1,011
Deferred income taxes	2,394	2,353
Other assets	909	949
Total	47,800	51,499
Liabilities and Equity
Accounts payable	3,905	5,180
Short-term borrowings and capital lease obligations	2,019	1,721
Income taxes	347	247
Other accrued liabilities	4,814	6,219
Total current liabilities	11,085	13,367
Long-term borrowings and capital lease obligations	9,298	10,741
Other liabilities	10,032	10,179
Deferred income taxes	943	926
Total liabilities	31,358	35,213
Commitments and contingent liabilities
Stockholders' equity
Preferred stock	237	237
Common stock, $0.30 par value; 1,800,000,000 shares authorized; Issued at March 31, 2014 - 1,004,738,000; December 31, 2013 - 1,014,027,000	301	304
Additional paid-in capital	10,880	11,072
Reinvested earnings	17,091	16,784
Accumulated other comprehensive loss	(5,402)	(5,441)
Common stock held in treasury, at cost (87,041,000 shares at March 31, 2014 and December 31, 2013)	(6,727)	(6,727)
Total DuPont stockholders' equity	16,380	16,229
Noncontrolling interests	62	57
Total equity	16,442	16,286
Total	$ 47,800	$ 51,499

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Inventories

3 Months Ended

Mar. 31, 2014

Inventory, Net [Abstract]

Inventories

Inventories

	March 31, 2014			December 31, 2013
Finished products	$	4,794		$	4,645
Semi-finished products	2,110			2,576
Raw materials, stores and supplies	1,248			1,360
	8,152			8,581
Adjustment of inventories to a last-in, first-out (LIFO) basis	(542		)	(539		)
Total	$	7,610		$	8,042

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Earnings Per Share of Common Stock

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share of Common Stock

Earnings Per Share of Common Stock

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:

	Three Months Ended
	March 31,
	2014			2013
Numerator:
Income from continuing operations after income taxes attributable to DuPont	$	1,439		$	1,380
Preferred dividends	(2		)	(3		)
Income from continuing operations after income taxes available to DuPont common stockholders	$	1,437		$	1,377
Income from discontinued operations after income taxes	$	—		$	1,968
Net income available to common stockholders	$	1,437		$	3,345
Denominator:
Weighted-average number of common shares outstanding - Basic	923,461,000			928,348,000
Dilutive effect of the company’s employee compensation plans	7,271,000			7,042,000
Weighted-average number of common shares outstanding - Diluted	930,732,000			935,390,000

The following average number of stock options were antidilutive, and therefore, were not included in the diluted earnings per share calculations: 

	Three Months Ended
	March 31,
	2014	2013
Average number of stock options	—	10,384,000

The change in the average number of stock options that were antidilutive in the three months ended March 31, 2014 compared to the same period last year was due to changes in the company’s average stock price.

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Inventories (Tables)

3 Months Ended

Mar. 31, 2014

Inventory, Net [Abstract]

Schedule of Inventories

	March 31, 2014			December 31, 2013
Finished products	$	4,794		$	4,645
Semi-finished products	2,110			2,576
Raw materials, stores and supplies	1,248			1,360
	8,152			8,581
Adjustment of inventories to a last-in, first-out (LIFO) basis	(542		)	(539		)
Total	$	7,610		$	8,042

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Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Policies)

3 Months Ended

Mar. 31, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Accounting, Policy [Policy Text Block]

Basis of Presentation

Certain reclassifications of prior year's data have been made to conform to current year's presentation, including separately stating Cost of goods sold and Other operating charges on the interim Consolidated Income Statements. In February 2013, the company sold its Performance Coatings business (which represented a reportable segment). In accordance with GAAP, the results of Performance Coatings are presented as discontinued operations and, as such, have been excluded from continuing operations and segment results for all periods presented. The sum of the individual earnings per share amounts from continuing and discontinued operations may not equal the total company earnings per share amounts due to rounding. The cash flows and comprehensive income related to Performance Coatings have not been segregated and are included in the Condensed Consolidated Statements of Cash Flows and Comprehensive Income, respectively, for all periods presented. Amounts related to Performance Coatings are consistently included in or excluded from the Notes to the interim Consolidated Financial Statements based on the financial statement line item and period of each disclosure. See Note 2 for additional information.

Venezuelan Foreign Currency Translations Policy [Policy Text Block]

Venezuelan Foreign Currency Translation

Venezuela is considered a highly inflationary economy under US GAAP and the U.S. dollar (USD) is the functional currency for our subsidiaries in Venezuela. During the first quarter 2014, the Venezuelan government enacted certain changes to the country’s foreign exchange systems including the expansion of the use of the Complementary System of Foreign Currency Acquirement (“SICAD 1”) auction rate and introduction of the SICAD 2 auction process. The official exchange rate continues to be set through the National Center for Foreign Commerce (CENCOEX, previously CADIVI) at 6.3 Bolivar Fuertes (BsF) to USD. The SICAD 1 and SICAD 2 exchange rates were 10.7 BsF and 50.85 BsF, respectively, at March 31, 2014. The company is evaluating the Venezuelan government’s recent actions affecting foreign exchange systems including restrictions, limitations and ability to obtain USD at a particular rate or through a specific exchange mechanism in relation to DuPont's in-country operations. The company continues to remeasure its Venezuelan BsF net monetary assets, which is approximately $70 at March 31, 2014, at the official CENCOEX rate.

Recent Accounting Pronouncements, Policy [Policy Text Block]

Recent Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board (FASB) issued authoritative guidance amending existing requirements for reporting discontinued operations.  Under the new guidance, discontinued operations reporting will be limited to disposal transactions that represent strategic shifts having a major effect on operations and financial results. The amended guidance also enhances disclosures and requires assets and liabilities of a discontinued operation to be classified as such for all periods presented in the financial statements. Public entities will apply the amended guidance prospectively to all disposals occurring within annual periods beginning on or after December 15, 2014 and interim periods within those years. The company will adopt this standard on January 1, 2015. Due to the change in requirements for reporting discontinued operations described above, presentation and disclosures of future disposal transactions after adoption may be different than under current standards.

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Stockholders' Equity

3 Months Ended

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’Equity

Share Repurchase Program

In January 2014, the company's Board of Directors authorized a $5,000 share buyback plan that replaced the 2011 plan. There is no required completion date for purchases under the 2014 plan. In February 2014, the company entered into an accelerated share repurchase (ASR) agreement with a financial institution. Under the terms of the ASR agreement, in February 2014, the Company paid $1,000 to the financial institution and received and retired an initial delivery of 12.5 million shares, which represents 80 percent of the $1,000 notional amount of the ASR agreement. The purchase price per share and final number of shares retired will be determined using the volume-weighted price of the company's stock over the term of the ASR agreement. This ASR will be completed in the second quarter 2014. In February 2014, the company also repurchased 1.0 million shares in the open market at an average price of $61.32 per share for a total of $61. These shares were retired upon repurchase.

In December 2012, the company's Board of Directors authorized a $1,000 share buyback plan. In February 2013, the company entered into an ASR agreement with a financial institution under which the company used $1,000 of the proceeds from the sale of Performance Coatings for the purchase of shares of common stock. The 2012 $1,000 share buyback plan was completed in the second quarter 2013 through the ASR agreement, under which the company purchased and retired 20.4 million shares.

Other Comprehensive Income (Loss)

A summary of the changes in other comprehensive income (loss) for the three months ended March 31, 2014 and 2013 is provided as follows:

	Three Months Ended									Three Months Ended									Affected Line Item in Consolidated Income Statements1
	March 31, 2014									March 31, 2013
	Pre-Tax			Tax			After-Tax			Pre-Tax			Tax			After-Tax
Cumulative translation adjustment	$	(72	)	$	—		$	(72	)	$	(209	)	$	—		$	(209	)
Net revaluation and clearance of cash flow hedges to earnings:
Additions and revaluations of derivatives designated as cash flow hedges	38			(14		)	24			(16		)	7			(9		)	See (2) below
Clearance of hedge results to earnings:
Foreign currency contracts	1			—			1			4			(1		)	3			Net sales
Commodity contracts	17			(7		)	10			(14		)	5			(9		)	Cost of goods sold
Net revaluation and clearance of cash flow hedges to earnings	56			(21		)	35			(26		)	11			(15		)
Pension benefit plans:
Net gain	1			—			1			56			(14		)	42			See (2) below
Reclassifications to net income:
Amortization of prior service cost	1			—			1			3			(1		)	2			See (3) below
Amortization of loss	149			(51		)	98			241			(82		)	159			See (3) below
Curtailment loss	—			—			—			1			—			1			See (3) below
Settlement loss	—			—			—			152			(45		)	107			See (3) below
Pension benefit plans, net	151			(51		)	100			453			(142		)	311
Other benefit plans:
Net gain	—			—			—			17			(6		)	11			See (2) below
Reclassifications to net income:
Amortization of prior service benefit	(53		)	19			(34		)	(48		)	17			(31		)	See (3) below
Amortization of loss	14			(4		)	10			27			(9		)	18			See (3) below
Curtailment gain	—			—			—			(154		)	54			(100		)	See (3) below
Settlement loss	—			—			—			1			—			1			See (3) below
Other benefit plans, net	(39		)	15			(24		)	(157		)	56			(101		)
Net unrealized loss on securities	—			—			—			(2		)	—			(2		)
Other comprehensive income (loss)	$	96		$	(57	)	$	39		$	59		$	(75	)	$	(16	)

¹  Represents the income statement line item within the interim Consolidated Income Statement affected by the pre-tax reclassification out of other comprehensive income (loss).

²  These amounts represent changes in accumulated other comprehensive income excluding changes due to reclassifying amounts to the interim Consolidated Income Statements.

³  These accumulated other comprehensive income components are included in the computation of net periodic benefit cost of the company's pension and other long-term employee benefit plans. See Note 11 for additional information.

The changes and after-tax balances of components comprising accumulated other comprehensive loss are summarized below:

	Cumulative Translation Adjustment			Net Revaluation and Clearance of Cash Flow Hedges to Earnings			Pension Benefit Plans			Other Benefit Plans			Unrealized Gain on Securities		Total
2014
Balance January 1, 2014	$	(140	)	$	(48	)	$	(5,749	)	$	494		$	2	$	(5,441	)
Other comprehensive (loss) income before reclassifications	(72		)	24			1			—			—		(47		)
Amounts reclassified from accumulated other comprehensive loss	—			11			99			(24		)	—		86
Balance March 31, 2014	$	(212	)	$	(13	)	$	(5,649	)	$	470		$	2	$	(5,402	)

	Cumulative Translation Adjustment			Net Revaluation and Clearance of Cash Flow Hedges to Earnings			Pension Benefit Plans			Other Benefit Plans			Unrealized Gain on Securities			Total
2013
Balance January 1, 2013	$	(167	)	$	3		$	(8,686	)	$	202		$	2		$	(8,646	)
Other comprehensive (loss) income before reclassifications	(209		)	(9		)	42			11			—			(165		)
Amounts reclassified from accumulated other comprehensive loss	—			(6		)	269			(112		)	(2		)	149
Balance March 31, 2013	$	(376	)	$	(12	)	$	(8,375	)	$	101		$	—		$	(8,662	)

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Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

There were no significant changes in goodwill for the three months ended March 31, 2014.

The gross carrying amounts and accumulated amortization of other intangible assets by major class are as follows: 

	March 31, 2014							December 31, 2013
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Intangible assets subject to amortization (Definite-lived):
Customer lists	$	1,811	$	(416	)	$	1,395	$	1,818	$	(393	)	$	1,425
Patents	518		(172		)	346		519		(160		)	359
Purchased and licensed technology	2,015		(1,214		)	801		1,999		(1,129		)	870
Trademarks	43		(18		)	25		43		(17		)	26
Other 1	244		(109		)	135		242		(106		)	136
	4,631		(1,929		)	2,702		4,621		(1,805		)	2,816
Intangible assets not subject to amortization (Indefinite-lived):
In-process research and development	45		—			45		43		—			43
Microbial cell factories 2	306		—			306		306		—			306
Pioneer germplasm 3	1,047		—			1,047		1,050		—			1,050
Trademarks/tradenames	875		—			875		881		—			881
	2,273		—			2,273		2,280		—			2,280
Total	$	6,904	$	(1,929	)	$	4,975	$	6,901	$	(1,805	)	$	5,096

¹   Primarily consists of sales and grower networks, marketing and manufacturing alliances and noncompetition agreements.

²   Microbial cell factories, derived from natural microbes, are used to sustainably produce enzymes, peptides and chemicals using natural metabolic processes. The company recognized the microbial cell factories as an intangible asset upon the acquisition of Danisco. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.

³   Pioneer germplasm is the pool of genetic source material and body of knowledge gained from the development and delivery stage of plant breeding. The company recognized germplasm as an intangible asset upon the acquisition of Pioneer. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.       

The aggregate pre-tax amortization expense from continuing operations for definite-lived intangible assets was $125 and $106 for the three months ended March 31, 2014 and 2013, respectively. The estimated aggregate pre-tax amortization expense from continuing operations for the remainder of 2014 and each of the next five years is approximately $247, $384, $349, $220, $206 and $202, respectively, which is primarily reported in Cost of goods sold.

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Commitments and Contingent Liabilities

3 Months Ended

Mar. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingent Liabilities

Commitments and Contingent Liabilities

Guarantees

Indemnifications

In connection with acquisitions and divestitures, the company has indemnified respective parties against certain liabilities that may arise in connection with these transactions and business activities prior to the completion of the transaction. The term of these indemnifications, which typically pertain to environmental, tax and product liabilities, is generally indefinite. In addition, the company indemnifies its duly elected or appointed directors and officers to the fullest extent permitted by Delaware law, against liabilities incurred as a result of their activities for the company, such as adverse judgments relating to litigation matters. If the indemnified party were to incur a liability or have a liability increase as a result of a successful claim, pursuant to the terms of the indemnification, the company would be required to reimburse the indemnified party. The maximum amount of potential future payments is generally unlimited.

Obligations for Equity Affiliates & Others

The company has directly guaranteed various debt obligations under agreements with third parties related to equity affiliates, customers and suppliers. At March 31, 2014 and December 31, 2013, the company had directly guaranteed $563 and $561, respectively, of such obligations. These amounts represent the maximum potential amount of future (undiscounted) payments that the company could be required to make under the guarantees. The company would be required to perform on these guarantees in the event of default by the guaranteed party.

The company assesses the payment/performance risk by assigning default rates based on the duration of the guarantees. These default rates are assigned based on the external credit rating of the counterparty or through internal credit analysis and historical default history for counterparties that do not have published credit ratings. For counterparties without an external rating or available credit history, a cumulative average default rate is used.

In certain cases, the company has recourse to assets held as collateral, as well as personal guarantees from customers and suppliers. Assuming liquidation, these assets are estimated to cover 48 percent of the $374 of guaranteed obligations of customers and suppliers. Set forth below are the company's guaranteed obligations at March 31, 2014:

	Short-Term		Long-Term		Total
Obligations for customers and suppliers1:
Bank borrowings (terms up to 8 years)	$	288	$	84	$	372
Leases on equipment and facilities (terms up to 5 years)	—		2		2
Obligations for equity affiliates2:
Bank borrowings (terms less than 1 year)	189		—		189
Total	$	477	$	86	$	563

¹  Existing guarantees for customers and suppliers, as part of contractual agreements.

² Existing guarantees for equity affiliates' liquidity needs in normal operations.

Imprelis^® 

The company has received claims and has been served with multiple lawsuits alleging that the use of Imprelis^® herbicide caused damage to certain trees. Sales of Imprelis^® were suspended in August 2011 and the product was last applied during the 2011 spring application season. The lawsuits seeking class action status were consolidated in multidistrict litigation in federal court in Philadelphia, Pennsylvania. In February 2014, the court entered the final order dismissing these lawsuits as a result of the class action settlement. The appeal by one class member is pending.

As part of the settlement, DuPont paid about $7 in plaintiffs' attorney fees and expenses. In addition, DuPont is providing a warranty against new damage, if any, caused by the use of Imprelis^® on class members' properties through May 2015. Certain class members opted out of the settlement. The opt-outs have filed about 125 individual actions encompassing about 400 claims for property and related damage in state court in various jurisdictions. DuPont has removed most of these cases to federal court in Philadelphia, Pennsylvania. Once removed to federal court, the individual actions remain stayed pending further action by the court.

The company has established review processes to verify and evaluate damage claims. There are several variables that impact the evaluation process including the number of trees on a property, the species of tree with reported damage, the height of the tree, the extent of damage and the possibility for trees to naturally recover over time. Upon receiving claims, DuPont verifies their accuracy and validity which often requires physical review of the property.

At March 31, 2014, DuPont had recorded charges of $1,175, within Other operating charges, to resolve these claims, which represents the company's best estimate of the loss associated with resolving these claims. The company did not take any charges related to this matter during the three months ended March 31, 2014. The three months ended March 31, 2013 included charges of $35. At March 31, 2014, DuPont had accruals of $426 related to these claims. The company has an applicable insurance program with a deductible equal to the first $100 of costs and expenses. The insurance program limits are $725 for costs and expenses in excess of the $100. DuPont has submitted and will continue to submit requests for payment to its insurance carriers for costs associated with this matter. The company has begun to receive payment from its insurance carriers and continues to seek recovery although the timing and outcome remain uncertain. To date the company has received insurance recoveries of $73.

Litigation

The company is subject to various legal proceedings arising out of the normal course of its business including product liability, intellectual property, commercial, environmental and antitrust lawsuits. It is not possible to predict the outcome of these various proceedings. Except as otherwise noted, management does not anticipate their resolution will have a materially adverse effect on the company's consolidated financial position or liquidity.  However, the ultimate liabilities could be significant to results of operations in the period recognized.  

PFOA 

DuPont used PFOA (collectively, perfluorooctanoic acids and its salts, including the ammonium salt), as a processing aid to manufacture some fluoropolymer resins at various sites around the world including its Washington Works plant in West Virginia. At March 31, 2014, DuPont has accruals of $15 related to the PFOA matters discussed below.

The accrual includes charges related to DuPont's obligations under agreements with the U.S. Environmental Protection Agency and voluntary commitments to the New Jersey Department of Environmental Protection.  These obligations and voluntary commitments include surveying, sampling and testing drinking water in and around certain company sites and offering treatment or an alternative supply of drinking water if tests indicate the presence of PFOA in drinking water at or greater than the national Provisional Health Advisory.

Drinking Water Actions

In August 2001, a class action, captioned Leach v DuPont, was filed in West Virginia state court alleging that residents living near the Washington Works facility had suffered, or may suffer, deleterious health effects from exposure to PFOA in drinking water.

DuPont and attorneys for the class reached a settlement in 2004 that binds about 80,000 residents. In 2005, DuPont paid the plaintiffs’ attorneys’ fees and expenses of $23 and made a payment of $70, which class counsel designated to fund a community health project.  The company funded a series of health studies which were completed in October 2012 by an independent science panel of experts (the “C8 Science Panel”). The studies were conducted in communities exposed to PFOA to evaluate available scientific evidence on whether any probable link exists, as defined in the settlement agreement, between exposure to PFOA and human disease.

The C8 Science Panel found probable links, as defined in the settlement agreement, between exposure to PFOA and pregnancy-induced hypertension, including preeclampsia; kidney cancer; testicular cancer; thyroid disease; ulcerative colitis; and diagnosed high cholesterol.

In May 2013, a panel of three independent medical doctors released its initial recommendations for screening and diagnostic testing of eligible class members. The medical panel is expected to address monitoring and may make additional recommendations in a subsequent report.  The medical panel has not communicated its anticipated schedule for completion. The company is obligated to fund up to $235 for a medical monitoring program for eligible class members.  In January 2012, the company put $1 in an escrow account to fund medical monitoring as required by the settlement agreement.  The court has appointed a Medical Monitoring Director to implement the medical panel's recommendations who is in the process of setting up a program.  Testing has not yet begun and no money has been disbursed from the fund. 

In addition, under the settlement agreement, the company must continue to provide water treatment designed to reduce the level of PFOA in water to six area water districts, including the Little Hocking Water Association (LHWA), and private well users.

Class members may pursue personal injury claims against DuPont only for those human diseases for which the C8 Science Panel determined a probable link exists. At March 31, 2014, the multi-district litigation in Ohio federal court (“MDL”) included 104 lawsuits, an increase of 21 cases over year-end 2013. These lawsuits, some of which have more than one plaintiff, were filed in federal court in Ohio and West Virginia. The MDL lawsuits allege personal injury and 6 of them allege wrongful death from exposure to PFOA in drinking water. In March 2014, 900 lawsuits alleging personal injury on substantially similar grounds as the MDL were filed in state court in Wood County, West Virginia. At March 31, 2014, these 900 lawsuits had not been served on the company. Based on comments from attorneys for the plaintiffs, DuPont expects additional lawsuits may be filed. DuPont denies the allegations in these lawsuits and is defending itself vigorously.

Additional Actions

An Ohio action brought by the LHWA is ongoing. In addition to general claims of PFOA contamination of drinking water, the action claims “imminent and substantial endangerment to health and or the environment” under the Resource Conservation and Recovery Act (RCRA). DuPont denies these claims and is defending itself vigorously.

While it is probable that the company will incur losses related to funding the medical monitoring program, such losses cannot be reasonably estimated due to uncertainties surrounding implementation. DuPont believes that it is reasonably possible that it could incur losses related to the other PFOA matters discussed above; however, a range of such losses, if any, cannot be reasonably estimated at this time.

Environmental

The company is also subject to contingencies pursuant to environmental laws and regulations that in the future may require the company to take further action to correct the effects on the environment of prior disposal practices or releases of chemical or petroleum substances by the company or other parties. The company accrues for environmental remediation activities consistent with the policy as described in the company's 2013 Annual Report in Note 1, “Summary of Significant Accounting Policies.” Much of this liability results from the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA, often referred to as Superfund), RCRA and similar state and global laws. These laws require the company to undertake certain investigative, remediation and restoration activities at sites where the company conducts or once conducted operations or at sites where company-generated waste was disposed. The accrual also includes estimated costs related to a number of sites identified by the company for which it is probable that environmental remediation will be required, but which are not currently the subject of enforcement activities.

Remediation activities vary substantially in duration and cost from site to site. These activities, and their associated costs, depend on the mix of unique site characteristics, evolving remediation technologies, diverse regulatory agencies and enforcement policies, as well as the presence or absence of potentially responsible parties. At March 31, 2014, the Condensed Consolidated Balance Sheet included a liability of $467, relating to these matters and, in management's opinion, is appropriate based on existing facts and circumstances. The average time frame over which the accrued or presently unrecognized amounts may be paid, based on past history, is estimated to be 15-20 years. Considerable uncertainty exists with respect to these costs and, under adverse changes in circumstances, potential liability may range up to three times the amount accrued as of March 31, 2014.

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Financial Instruments

3 Months Ended

Mar. 31, 2014

Financial Instruments Disclosure [Abstract]

Financial Instruments

Financial Instruments

Debt

The estimated fair value of the company's total debt including interest rate financial instruments was determined using level 2 inputs within the fair value hierarchy, as described in the company's 2013 Annual Report in Note 1,“Summary of Significant Accounting Policies.”Based on quoted market prices for the same or similar issues or on current rates offered to the company for debt of the same remaining maturities, the fair value of the company's debt was approximately$11,930and$12,860as ofMarch 31, 2014andDecember 31, 2013, respectively. The decrease was primarily due to debt maturities during the three months ended March 31, 2014.

Cash Equivalents

The fair value of cash equivalents approximates its stated value.  The estimated fair value of the company's cash equivalents was determined using level 1 and level 2 inputs within the fair value hierarchy, as described in the company's 2013 Annual Report in Note 1,“Summary of Significant Accounting Policies.”  Level 1 measurements are based on quoted market prices and level 2 measurements are based on current interest rates for similar instruments with comparable credit risk and time to maturity.  The company held $271 and $5,116 of money market funds (level 1 measurements) as of March 31, 2014 and December 31, 2013, respectively.  The company held $2,061 and $2,256 of other cash equivalents (level 2 measurements) as of March 31, 2014 and December 31, 2013, respectively.     

Derivative Instruments

Objectives and Strategies for Holding Derivative Instruments

In the ordinary course of business, the company enters into contractual arrangements (derivatives) to reduce its exposure to foreign currency, interest rate and commodity price risks. The company has established a variety of derivative programs to be utilized for financial risk management. These programs reflect varying levels of exposure coverage and time horizons based on an assessment of risk.

Derivative programs have procedures and controls and are approved by the Corporate Financial Risk Management Committee, consistent with the company's financial risk management policies and guidelines. Derivative instruments used are forwards, options, futures and swaps. The company has not designated any nonderivatives as hedging instruments.

The company's financial risk management procedures also address counterparty credit approval, limits and routine exposure monitoring and reporting. The counterparties to these contractual arrangements are major financial institutions and major commodity exchanges. The company is exposed to credit loss in the event of nonperformance by these counterparties. The company utilizes collateral support annex agreements with certain counterparties to limit its exposure to credit losses. The company's derivative assets and liabilities are reported on a gross basis in the Condensed Consolidated Balance Sheets. The company anticipates performance by counterparties to these contracts and therefore no material loss is expected. Market and counterparty credit risks associated with these instruments are regularly reported to management.

The notional amounts of the company's derivative instruments were as follows:

	March 31, 2014		December 31, 2013
Derivatives designated as hedging instruments:
Interest rate swaps	$	1,000	$	1,000
Foreign currency contracts	865		1,107
Commodity contracts	358		606
Derivatives not designated as hedging instruments:
Foreign currency contracts	10,822		9,553
Commodity contracts	238		281

Foreign Currency Risk

The company's objective in managing exposure to foreign currency fluctuations is to reduce earnings and cash flow volatility associated with foreign currency rate changes. Accordingly, the company enters into various contracts that change in value as foreign exchange rates change to protect the value of its existing foreign currency-denominated assets, liabilities, commitments and cash flows.

The company routinely uses forward exchange contracts to offset its net exposures, by currency, related to the foreign currency-denominated monetary assets and liabilities of its operations. The primary business objective of this hedging program is to maintain an approximately balanced position in foreign currencies so that exchange gains and losses resulting from exchange rate changes, net of related tax effects, are minimized. The company also uses foreign currency exchange contracts to offset a portion of the company's exposure to certain foreign currency-denominated revenues so that gains and losses on these contracts offset changes in the USD value of the related foreign currency-denominated revenues. The objective of the hedge program is to reduce earnings and cash flow volatility related to changes in foreign currency exchange rates.

Interest Rate Risk

The company uses interest rate swaps to manage the interest rate mix of the total debt portfolio and related overall cost of borrowing. Interest rate swaps involve the exchange of fixed for floating rate interest payments to effectively convert fixed rate debt into floating rate debt based on USD LIBOR. Interest rate swaps allow the company to achieve a target range of floating rate debt.

Commodity Price Risk

Commodity price risk management programs serve to reduce exposure to price fluctuations on purchases of inventory such as copper, corn, soybeans and soybean meal. The company enters into over-the-counter and exchange-traded derivative commodity instruments to hedge the commodity price risk associated with energy feedstock and agricultural commodity exposures.

Fair Value Hedges

Interest Rate Swaps

At March 31, 2014, the company maintained a number of interest rate swaps, which were implemented at the time debt instruments were issued. All interest rate swaps qualify for the shortcut method of hedge accounting, thus there is no ineffectiveness related to these hedges.

Cash Flow Hedges

Foreign Currency Contracts

The company uses foreign currency exchange instruments such as forwards and options to offset a portion of the company's exposure to certain foreign currency-denominated revenues so that gains and losses on these contracts offset changes in the USD value of the related foreign currency-denominated revenues.

Commodity Contracts

The company enters into over-the-counter and exchange-traded derivative commodity instruments, including options, futures and swaps, to hedge the commodity price risk associated with energy feedstock and agriculture commodity exposures.

While each risk management program has a different time maturity period, most programs currently do not extend beyond the next two-year period. Cash flow hedge results are reclassified into earnings during the same period in which the related exposure impacts earnings. Reclassifications are made sooner if it appears that a forecasted transaction will not materialize. The following table summarizes the after-tax effect of cash flow hedges on accumulated other comprehensive loss for the three months ended March 31, 2014 and 2013:

	Three Months Ended
	March 31,
	2014			2013
Beginning balance	$	(48	)	$	3
Additions and revaluations of derivatives designated as cash flow hedges	24			(9		)
Clearance of hedge results to earnings	11			(6		)
Ending balance	$	(13	)	$	(12	)

At March 31, 2014, the after-tax amount expected to be reclassified from accumulated other comprehensive loss into earnings over the next 12 months is $(13).

Derivatives not Designated in Hedging Relationships

Foreign Currency Contracts

The company routinely uses forward exchange contracts to reduce its net exposure, by currency, related to foreign currency-denominated monetary assets and liabilities of its operations so that exchange gains and losses resulting from exchange rate changes are minimized. The netting of such exposures precludes the use of hedge accounting; however, the required revaluation of the forward contracts and the associated foreign currency-denominated monetary assets and liabilities intends to achieve a minimal earnings impact, after taxes. Additionally, the company had cross-currency swaps to hedge foreign currency fluctuations on long-term intercompany loans. These swaps matured during 2013.

Commodity Contracts

The company utilizes options, futures and swaps that are not designated as hedging instruments to reduce exposure to commodity price fluctuations on purchases of inventory such as corn, soybeans and soybean meal.

Fair Values of Derivative Instruments

The table below presents the fair values of the company's derivative assets and liabilities within the fair value hierarchy, as described in the company's 2013 Annual Report in Note 1, “Summary of Significant Accounting Policies.”

		Fair Value Using Level 2 Inputs
	Balance Sheet Location	March 31, 2014		December 31, 2013
Asset derivatives:
Derivatives designated as hedging instruments:
Interest rate swaps1	Other assets	$	22	$	29
Foreign currency contracts	Accounts and notes receivable, net	4		6
		26		35
Derivatives not designated as hedging instruments:
Foreign currency contracts2	Accounts and notes receivable, net	46		86
Total asset derivatives3		$	72	$	121
Cash collateral1,2	Other accrued liabilities	$	13	$	30
Liability derivatives:
Derivatives designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	$	1	$	4
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	79		70
Commodity contracts	Other accrued liabilities	2		1
		81		71
Total liability derivatives3		$	82	$	75

¹  Cash collateral held as of March 31, 2014 and December 31, 2013 represents $12 and $17, respectively, related to interest rate swap derivatives designated as hedging instruments.

²  Cash collateral held as of March 31, 2014 and December 31, 2013 represents $1 and $13, respectively, related to foreign currency derivatives not designated as hedging instruments.

³  The company's derivative assets and liabilities subject to enforceable master netting arrangements totaled $35 at March 31, 2014 and $54 at December 31, 2013.

Effect of Derivative Instruments

	Amount of Gain (Loss) Recognized in OCI1 (Effective Portion)						Amount of Gain (Loss) Recognized in Income2
Three Months Ended March 31,	2014			2013			2014			2013			Income Statement Classification
Derivatives designated as hedging instruments:
Fair value hedges:
Interest rate swaps	$	—		$	—		$	(7	)	$	(7	)	Interest expense3
Cash flow hedges:
Foreign currency contracts	(1		)	14			(1		)	(4		)	Net sales
Commodity contracts	39			(30		)	(17		)	14			Cost of goods sold
	38			(16		)	(25		)	3
Derivatives not designated as hedging instruments:
Foreign currency contracts	—			—			(46		)	106			Other income, net4
Commodity contracts	—			—			(24		)	6			Cost of goods sold
	—			—			(70		)	112
Total derivatives	$	38		$	(16	)	$	(95	)	$	115

¹   OCI is defined as other comprehensive income (loss).

²   For cash flow hedges, this represents the effective portion of the gain (loss) reclassified from accumulated OCI into income during the period. For the three months ended March 31, 2014 and 2013, there was no material ineffectiveness with regard to the company's cash flow hedges.

³   Gain (loss) recognized in income of derivative is offset to $0 by gain (loss) recognized in income of the hedged item.

⁴   Gain (loss) recognized in other income, net, was partially offset by the related gain (loss) on the foreign currency-denominated monetary assets and liabilities of the company's operations, which were $(50) and $(95) for the three months ended March 31, 2014 and 2013, respectively.

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Provision for Income Taxes (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Tax Disclosure [Abstract]
Provision for income taxes on continuing operations	$ 357	$ 387
Tax expense (benefit) primarily associated with the company's policy of hedging the foreign currency-denominated monetary assets and liabilities	(28)	34
Net tax benefit derived from 2013 tax extension and tax on distribution of proceeds from DPC sale		42
2013 Extension tax benefit		68
Tax expense on distribution of proceeds from DPC Sale		$ 26

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Financial Instruments (Schedule of the Fair Value of Derivative Instruments) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014		Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities subject to master netting arrangement	$ 35		$ 54
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset derivatives	72	[1]	121	[1]
Liability derivatives	82	[1]	75	[1]
Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset derivatives	26		35
Not Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability derivatives	81		71
Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash collateral	12		17
Foreign Currency Contract [Member] | Not Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash collateral	1		13
Other Assets [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset derivatives	22	[2]	29	[2]
Accounts and Notes Receivable [Member] | Foreign Currency Contract [Member] | Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset derivatives	4		6
Accounts and Notes Receivable [Member] | Foreign Currency Contract [Member] | Not Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset derivatives	46	[3]	86	[3]
Other accrued liabilities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash collateral	13	[2],[3]	30	[2],[3]
Other accrued liabilities [Member] | Foreign Currency Contract [Member] | Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability derivatives	1		4
Other accrued liabilities [Member] | Foreign Currency Contract [Member] | Not Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability derivatives	79		70
Other accrued liabilities [Member] | Commodity Contract [Member] | Not Designated as Hedging Instrument [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability derivatives	$ 2		$ 1

[1] The company's derivative assets and liabilities subject to enforceable master netting arrangements totaled $35 at March 31, 2014 and $54 at December 31, 2013.

[2] Cash collateral held as of March 31, 2014 and December 31, 2013 represents $12 and $17, respectively, related to interest rate swap derivatives designated as hedging instruments.

[3] Cash collateral held as of March 31, 2014 and December 31, 2013 represents $1 and $13, respectively, related to foreign currency derivatives not designated as hedging instruments.

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Other Income, Net (Tables)

3 Months Ended

Mar. 31, 2014

Other Income and Expenses [Abstract]

Schedule of Other Income

	Three Months Ended
	March 31,
	2014			2013
Royalty income	$	38		$	37
Interest income	28			27
Equity in earnings (losses) of affiliates, excluding exchange gains/losses1	13			(7		)
Net gain on sales of other assets	7			5
Net exchange (losses) gains1	(96		)	11
Cozaar®/Hyzaar® income	1			2
Miscellaneous income and expenses, net 2	26			17
Other income, net	$	17		$	92

¹ The company routinely uses foreign currency exchange contracts to offset its net exposures, by currency, related to the foreign currency-denominated monetary assets and liabilities. The objective of this program is to maintain an approximately balanced position in foreign currencies in order to minimize, on an after-tax basis, the effects of exchange rate changes on net monetary asset positions. The net pre-tax exchange gains (losses) are recorded in Other income, net and the related tax impact is recorded in Provision for income taxes on continuing operations on the interim Consolidated Income Statements. Exchange gains (losses) related to earnings of affiliates was $(2) and $5 for the three months ended March 31, 2014 and 2013, respectively. The $(96) net exchange loss for the three months ended March 31, 2014, includes $(39) and $(14) exchange losses, associated with the devaluation of the Ukrainian hryvnia and Argentinian peso, respectively. The $11 net exchange gain for the three months ended March 31, 2013, includes a $(36) exchange loss, associated with the devaluation of the Venezuelan bolivar.

²   Miscellaneous income and expenses, net, generally includes interest items, certain insurance recoveries and litigation settlements, and other items.

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Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Schedule of Comprehensive Income (Loss)

	Three Months Ended									Three Months Ended									Affected Line Item in Consolidated Income Statements1
	March 31, 2014									March 31, 2013
	Pre-Tax			Tax			After-Tax			Pre-Tax			Tax			After-Tax
Cumulative translation adjustment	$	(72	)	$	—		$	(72	)	$	(209	)	$	—		$	(209	)
Net revaluation and clearance of cash flow hedges to earnings:
Additions and revaluations of derivatives designated as cash flow hedges	38			(14		)	24			(16		)	7			(9		)	See (2) below
Clearance of hedge results to earnings:
Foreign currency contracts	1			—			1			4			(1		)	3			Net sales
Commodity contracts	17			(7		)	10			(14		)	5			(9		)	Cost of goods sold
Net revaluation and clearance of cash flow hedges to earnings	56			(21		)	35			(26		)	11			(15		)
Pension benefit plans:
Net gain	1			—			1			56			(14		)	42			See (2) below
Reclassifications to net income:
Amortization of prior service cost	1			—			1			3			(1		)	2			See (3) below
Amortization of loss	149			(51		)	98			241			(82		)	159			See (3) below
Curtailment loss	—			—			—			1			—			1			See (3) below
Settlement loss	—			—			—			152			(45		)	107			See (3) below
Pension benefit plans, net	151			(51		)	100			453			(142		)	311
Other benefit plans:
Net gain	—			—			—			17			(6		)	11			See (2) below
Reclassifications to net income:
Amortization of prior service benefit	(53		)	19			(34		)	(48		)	17			(31		)	See (3) below
Amortization of loss	14			(4		)	10			27			(9		)	18			See (3) below
Curtailment gain	—			—			—			(154		)	54			(100		)	See (3) below
Settlement loss	—			—			—			1			—			1			See (3) below
Other benefit plans, net	(39		)	15			(24		)	(157		)	56			(101		)
Net unrealized loss on securities	—			—			—			(2		)	—			(2		)
Other comprehensive income (loss)	$	96		$	(57	)	$	39		$	59		$	(75	)	$	(16	)

¹  Represents the income statement line item within the interim Consolidated Income Statement affected by the pre-tax reclassification out of other comprehensive income (loss).

²  These amounts represent changes in accumulated other comprehensive income excluding changes due to reclassifying amounts to the interim Consolidated Income Statements.

³  These accumulated other comprehensive income components are included in the computation of net periodic benefit cost of the company's pension and other long-term employee benefit plans. See Note 11 for additional information.

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	Cumulative Translation Adjustment			Net Revaluation and Clearance of Cash Flow Hedges to Earnings			Pension Benefit Plans			Other Benefit Plans			Unrealized Gain on Securities		Total
2014
Balance January 1, 2014	$	(140	)	$	(48	)	$	(5,749	)	$	494		$	2	$	(5,441	)
Other comprehensive (loss) income before reclassifications	(72		)	24			1			—			—		(47		)
Amounts reclassified from accumulated other comprehensive loss	—			11			99			(24		)	—		86
Balance March 31, 2014	$	(212	)	$	(13	)	$	(5,649	)	$	470		$	2	$	(5,402	)

	Cumulative Translation Adjustment			Net Revaluation and Clearance of Cash Flow Hedges to Earnings			Pension Benefit Plans			Other Benefit Plans			Unrealized Gain on Securities			Total
2013
Balance January 1, 2013	$	(167	)	$	3		$	(8,686	)	$	202		$	2		$	(8,646	)
Other comprehensive (loss) income before reclassifications	(209		)	(9		)	42			11			—			(165		)
Amounts reclassified from accumulated other comprehensive loss	—			(6		)	269			(112		)	(2		)	149
Balance March 31, 2013	$	(376	)	$	(12	)	$	(8,375	)	$	101		$	—		$	(8,662	)

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Financial Instruments (Notional Amounts of Derivatives) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative notional amounts	$ 1,000	$ 1,000
Designated as Hedging Instrument [Member] | Foreign Currency Contract [Member]
Derivative [Line Items]
Derivative notional amounts	865	1,107
Designated as Hedging Instrument [Member] | Commodity Contract [Member]
Derivative [Line Items]
Derivative notional amounts	358	606
Not Designated as Hedging Instrument [Member] | Foreign Currency Contract [Member]
Derivative [Line Items]
Derivative notional amounts	10,822	9,553
Not Designated as Hedging Instrument [Member] | Commodity Contract [Member]
Derivative [Line Items]
Derivative notional amounts	$ 238	$ 281

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Commitments and Contingent Liabilities (Imprelis) (Narrative) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		33 Months Ended
	Mar. 31, 2014 actions	Mar. 31, 2013	Mar. 30, 2014	Dec. 31, 2013
Product Claims [Line Items]
Insurance program deductible	$ 100
Insurance program limits	725
Imprelis [Member]
Product Claims [Line Items]
Plaintiffs' attorney fees to pay per proposed settlement				7
Individual actions filed	125
Claims filed	400
Loss Contingency	0	35	1,175
Accrual balance	426
Insurance recoveries for litigation			$ 73

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Condensed Consolidated Balance Sheets (Parenthetical) (USD $) In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
Accumulated depreciation	$ 19,626	$ 19,438
Common stock, par value	$ 0.30	$ 0.30
Common stock, shares authorized	1,800,000,000	1,800,000,000
Common stock, shares issued	1,004,738,000	1,014,027,000
Common stock held in treasury, shares	87,041,000	87,041,000

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Provision for Income Taxes

3 Months Ended

Mar. 31, 2014

Income Tax Disclosure [Abstract]

Provision for Income Taxes

Income Taxes

In the first quarter 2014, the company recorded a tax provision on continuing operations of $357, including $28 of tax benefit, primarily associated with the company’s policy of hedging the foreign currency-denominated monetary assets and liabilities of its operations.

In the first quarter 2013, the company recorded a tax provision on continuing operations of $387, including $34 of tax expense, primarily associated with the company's policy of hedging the foreign currency-denominated monetary assets and liabilities of its operations. Included in the provision was a net tax benefit of $42 consisting of a $68 tax benefit derived from the 2013 extension of certain U.S. business tax provisions offset by $26 of tax expense related to the global distribution of the proceeds from the sale of the Performance Coatings business.

Each year the company files hundreds of tax returns in the various national, state and local income taxing jurisdictions in which it operates. These tax returns are subject to examination and possible challenge by the taxing authorities. Positions challenged by the taxing authorities may be settled or appealed by the company. As a result, there is an uncertainty in income taxes recognized in the company’s financial statements in accordance with accounting for income taxes and accounting for uncertainty in income taxes. It is reasonably possible that changes to the company’s global unrecognized tax benefits could be significant, however, due to the uncertainty regarding the timing of completion of audits and possible outcomes, a current estimate of the range of increases or decreases that may occur within the next twelve months cannot be made.

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Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Financial Instruments Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

	March 31, 2014		December 31, 2013
Derivatives designated as hedging instruments:
Interest rate swaps	$	1,000	$	1,000
Foreign currency contracts	865		1,107
Commodity contracts	358		606
Derivatives not designated as hedging instruments:
Foreign currency contracts	10,822		9,553
Commodity contracts	238		281

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)

	Three Months Ended
	March 31,
	2014			2013
Beginning balance	$	(48	)	$	3
Additions and revaluations of derivatives designated as cash flow hedges	24			(9		)
Clearance of hedge results to earnings	11			(6		)
Ending balance	$	(13	)	$	(12	)

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

		Fair Value Using Level 2 Inputs
	Balance Sheet Location	March 31, 2014		December 31, 2013
Asset derivatives:
Derivatives designated as hedging instruments:
Interest rate swaps1	Other assets	$	22	$	29
Foreign currency contracts	Accounts and notes receivable, net	4		6
		26		35
Derivatives not designated as hedging instruments:
Foreign currency contracts2	Accounts and notes receivable, net	46		86
Total asset derivatives3		$	72	$	121
Cash collateral1,2	Other accrued liabilities	$	13	$	30
Liability derivatives:
Derivatives designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	$	1	$	4
Derivatives not designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	79		70
Commodity contracts	Other accrued liabilities	2		1
		81		71
Total liability derivatives3		$	82	$	75

¹  Cash collateral held as of March 31, 2014 and December 31, 2013 represents $12 and $17, respectively, related to interest rate swap derivatives designated as hedging instruments.

²  Cash collateral held as of March 31, 2014 and December 31, 2013 represents $1 and $13, respectively, related to foreign currency derivatives not designated as hedging instruments.

³  The company's derivative assets and liabilities subject to enforceable master netting arrangements totaled $35 at March 31, 2014 and $54 at December 31, 2013.

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

	Amount of Gain (Loss) Recognized in OCI1 (Effective Portion)						Amount of Gain (Loss) Recognized in Income2
Three Months Ended March 31,	2014			2013			2014			2013			Income Statement Classification
Derivatives designated as hedging instruments:
Fair value hedges:
Interest rate swaps	$	—		$	—		$	(7	)	$	(7	)	Interest expense3
Cash flow hedges:
Foreign currency contracts	(1		)	14			(1		)	(4		)	Net sales
Commodity contracts	39			(30		)	(17		)	14			Cost of goods sold
	38			(16		)	(25		)	3
Derivatives not designated as hedging instruments:
Foreign currency contracts	—			—			(46		)	106			Other income, net4
Commodity contracts	—			—			(24		)	6			Cost of goods sold
	—			—			(70		)	112
Total derivatives	$	38		$	(16	)	$	(95	)	$	115

¹   OCI is defined as other comprehensive income (loss).

²   For cash flow hedges, this represents the effective portion of the gain (loss) reclassified from accumulated OCI into income during the period. For the three months ended March 31, 2014 and 2013, there was no material ineffectiveness with regard to the company's cash flow hedges.

³   Gain (loss) recognized in income of derivative is offset to $0 by gain (loss) recognized in income of the hedged item.

⁴   Gain (loss) recognized in other income, net, was partially offset by the related gain (loss) on the foreign currency-denominated monetary assets and liabilities of the company's operations, which were $(50) and $(95) for the three months ended March 31, 2014 and 2013, respectively.

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Goodwill and Other Intangible Assets (Schedule of Other Intangible Assets) (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014		Dec. 31, 2013
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Definite-lived Intangible Assets, Gross	$ 4,631		$ 4,621
Definite-lived Intangible Assets, Accumulated Amortization	(1,929)		(1,805)
Definite-lived Intangible Assets, Net	2,702		2,816
Indefinite-lived Intangible Assets, Gross	2,273		2,280
Indefinite-lived Intangible Assets, Net	2,273		2,280
Total Intangible Assets, Gross	6,904		6,901
Total Intangible Assets, Accumulated Amortization	(1,929)		(1,805)
Intangible Assets Net Excluding Goodwill	4,975		5,096
In Process Research and Development [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross	45		43
Indefinite-lived Intangible Assets, Net	45		43
Microbial Cell Factories [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross	306	[1]	306	[1]
Indefinite-lived Intangible Assets, Net	306	[1]	306	[1]
Pioneer Germplasm [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross	1,047	[2]	1,050	[2]
Indefinite-lived Intangible Assets, Net	1,047	[2]	1,050	[2]
Trademarks/Tradenames [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross	875		881
Indefinite-lived Intangible Assets, Net	875		881
Customer Lists [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Definite-lived Intangible Assets, Gross	1,811		1,818
Definite-lived Intangible Assets, Accumulated Amortization	(416)		(393)
Definite-lived Intangible Assets, Net	1,395		1,425
Patents [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Definite-lived Intangible Assets, Gross	518		519
Definite-lived Intangible Assets, Accumulated Amortization	(172)		(160)
Definite-lived Intangible Assets, Net	346		359
Purchased and Licensed Technology [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Definite-lived Intangible Assets, Gross	2,015		1,999
Definite-lived Intangible Assets, Accumulated Amortization	(1,214)		(1,129)
Definite-lived Intangible Assets, Net	801		870
Trademarks [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Definite-lived Intangible Assets, Gross	43		43
Definite-lived Intangible Assets, Accumulated Amortization	(18)		(17)
Definite-lived Intangible Assets, Net	25		26
Other [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Definite-lived Intangible Assets, Gross	244	[3]	242	[3]
Definite-lived Intangible Assets, Accumulated Amortization	(109)	[3]	(106)	[3]
Definite-lived Intangible Assets, Net	$ 135	[3]	$ 136	[3]

[1] Microbial cell factories, derived from natural microbes, are used to sustainably produce enzymes, peptides and chemicals using natural metabolic processes. The company recognized the microbial cell factories as an intangible asset upon the acquisition of Danisco. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.

[2] Pioneer germplasm is the pool of genetic source material and body of knowledge gained from the development and delivery stage of plant breeding. The company recognized germplasm as an intangible asset upon the acquisition of Pioneer. This intangible asset is expected to contribute to cash flows beyond the foreseeable future and there are no legal, regulatory, contractual, or other factors which limit its useful life.

[3] Primarily consists of sales and grower networks, marketing and manufacturing alliances and noncompetition agreements.

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Divestitures and Other Transactions (Tables)

3 Months Ended

Mar. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

	Three Months Ended
	March 31,
	2013
Net sales	$	331
Income before income taxes	$	2,715
Provision for income taxes	747
Income from discontinued operations after income taxes	$	1,968