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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Schedule of Segment Information
Three Months
Ended March 31,
Agriculture1
Electronics &
Communications
Industrial Biosciences
Nutrition & Health
Performance
Materials
Protection Solutions
Other
Total
2016
 

 

 
 
 

 

 

 

Net sales
$
3,786

$
452

$
352

$
801

$
1,249

$
729

$
36

$
7,405

Operating earnings
1,101

59

63

104

273

176

(59
)
1,717

 
 
 
 
 
 
 
 
 
2015
 

 

 
 
 

 

 

 

Net sales
$
3,937

$
517

$
350

$
813

$
1,381

$
790

$
49

$
7,837

Operating earnings
1,138

79

54

86

317

167

(31
)
1,810



1. 
As of March 31, 2016, Agriculture net assets were $7,454, an increase of $703 from $6,751 at December 31, 2015. The increase was primarily due to higher trade receivables related to normal seasonality in the sales and cash collections cycle.
Reconciliation to Consolidated Income Statements
 
Three Months Ended March 31,
 
2016
2015
Total segment operating earnings
$
1,717

$
1,810

Significant pre-tax charges not included in segment operating earnings
(68
)
(2
)
Non-operating pension and other postretirement employee benefit costs
(74
)
(86
)
Net exchange (losses) gains1
(121
)
79

Corporate income (expenses)2,3,4,5
273

(166
)
Interest expense
(92
)
(84
)
Income from continuing operations before income taxes
$
1,635

$
1,551



1. 
Includes a charge of $(40) associated with remeasuring the company's Ukrainian hryvnia net monetary assets in the three months ended March 31, 2015, which were recorded in other income, net in the company's interim Consolidated Income Statements. See Note 5 for additional information.
2. 
Includes transaction costs associated with the planned merger with Dow and related activities of $(24), in the three months ended March 31, 2016, which were recorded in selling, general and administrative expenses in the company's interim Consolidated Income Statements. See Note 2 for additional information.
3. 
Includes a gain of $369 associated with the sale of DuPont (Shenzhen) Manufacturing Limited entity, which held certain buildings and other assets. The gain was recorded in other income net, in the company's interim Consolidated Income Statement for the three months ended March 31, 2016. See Note 3 for additional information.
4. 
Includes a $14 net benefit recorded in employee separation / asset related charges, net in the three months ended March 31, 2016, associated with the 2016 global cost savings and restructuring plan. See Note 4 for additional information.
5. 
Includes transaction costs associated with the separation of the Performance Chemicals segment of $(12) in the three months ended March 31, 2015, which were recorded in other operating charges in the company's interim Consolidated Income Statements. See Note 3 for additional information.
Schedule Of Additional Segment Details
Additional Segment Details
The three months ended March 31, 2016 and 2015, respectively, included the following significant pre-tax benefits (charges) which are excluded from segment operating earnings:
 
Three Months Ended March 31,
 
2016
2015
Agriculture1,2,3
$
(73
)
$
35

Electronics & Communications2
7

—

Industrial Biosciences2
1

—

Nutrition & Health2
1

—

Performance Materials2
(4
)
—

Protection Solutions2
3

—

Other2,4
(3
)
(37
)
 
$
(68
)
$
(2
)

1. 
Includes $23 for reduction in accrual recorded in other operating charges for the three months ended March 31, 2016, for customer claims related to the use of the Imprelis® herbicide. The three months ended March 31, 2015, includes $35 of net insurance recoveries recorded in other operating charges for recovery of costs for customer claims related to the use of the Imprelis® herbicide.
2. 
Includes a $(16) net restructuring charge recorded in employee separation / asset related charges, net for the three months ended March 31, 2016, associated with the 2016 global cost savings and restructuring program. The net charge impacted segment earnings as follows: Agriculture - $(21), Electronics & Communications - $7, Industrial Biosciences - $1, Nutrition & Health - $1, - Performance Materials - $(4), Protection Solutions - $3 and Other - $(3). See Note 4 for additional information.
3.  
Includes a $(75) restructuring charge recorded in employee separation / asset related charges, net for the three months ended March 31, 2016, related to the decision not to re-start the insecticide manufacturing facility at the La Porte site located in La Porte, Texas. See Note 4 for additional information.
4. 
Includes a $(37) pre-tax impairment charge recorded in employee separation / asset related charges, net for a cost basis investment. See Note 4 for additional information.