Spin-off of The Chemours Company

On July 1, 2015, DuPont completed the separation of its Performance Chemicals segment through the spin-off of all of the issued and outstanding stock of The Chemours Company (Chemours). As a result, beginning in the third quarter of 2015, Chemours' historical financial results for periods prior to the Distribution Date will be reflected in DuPont's Consolidated Financial Statements as a discontinued operation. To effect the spin-off, DuPont distributed to its stockholders one share of Chemours common stock, par value $0.01 per share, for every five shares of DuPont common stock, par value $0.30 per share, (the Distribution) outstanding as of 5:00 p.m. June 23, 2015, the record date for the Distribution. In lieu of fractional shares of Chemours, stockholders of DuPont will receive cash, which generally will be taxable.

In the first quarter 2015, DuPont announced its intention to buy back shares of about $4,000 using the distribution proceeds received from Chemours. In connection with the completion of the spin-off of Chemours, the Board of Directors authorized the use of the distribution proceeds to buy back shares of the company's common stock as follows: $2,000 to be purchased and retired by December 31, 2015 with the remainder to be purchased and retired by December 31, 2016.

During the third quarter of 2015, the company expects to record a curtailment gain estimated to be $230 to $240 related to employees transferring to Chemours who will cease accruing benefits under DuPont retirement plans upon transfer coupled with the associated required remeasurement. This gain will be reflected in income from discontinued operations of the company’s Consolidated Financial Results.

Unaudited Pro Forma Financial Information

The following unaudited pro forma financial information was derived from the historical consolidated income statements of DuPont, which were prepared in accordance with GAAP. This unaudited pro forma financial information for the three and six months ended June 30, 2015 is presented as if the spin-off had occurred on January 1, 2015 and has been presented for illustrative and informational purposes only and is not intended to reflect or be indicative of DuPont's results of operations had the spin-off occurred as of the date presented, and should not be taken as representation of DuPont's future results of operations.

DuPont's current estimates on a discontinued operations basis are preliminary as the company finalizes discontinued operations accounting to be reported in the Quarterly Report on Form 10-Q for the three and nine month periods ending September 30, 2015 and the Annual Report on Form 10-K for the year ending December 31, 2015.



Unaudited Pro Forma Financial Information
	Three Months Ended June 30, 2015							Six Months Ended June 30, 2015
	Historical DuPont (as reported)		Discontinued Operation - Performance Chemicals			Pro Forma DuPont Continuing Operations		Historical DuPont (as reported)		Discontinued Operation - Performance Chemicals			Pro Forma DuPont Continuing Operations
Net sales	$	8,595	$	1,474		$	7,121	$	17,767	$	2,809		$	14,958
Income from continuing operations before income taxes	1,175		(59		)	1,234		2,776		(9		)	2,785
Net income from continuing operations attributable to DuPont	940		(29		)	969		1,971		(15		)	1,986
Basic earnings per share of common stock from continuing operations	$	1.04				$	1.07	$	2.17				$	2.19
Diluted earnings per share of common stock from continuing operations	$	1.03				$	1.06	$	2.15				$	2.17