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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net Sales $ 17,226 $ 17,455 $ 15,655
Cost of Goods Sold 9,920 10,436 9,220
Research and Development Expense 1,337 1,216 1,187
Selling, General and Administrative Expense 3,176 3,173 3,209
Amortization of Intangibles 683 702 722
Restructuring and Related Cost, Incurred Cost 336 363 289
Other income (expense) - net (448) (60) 1,348
Interest Expense 233 79 30
Income (loss) from continuing operations before income taxes 1,093 1,426 2,346
Provision for (benefit from) income taxes on continuing operations 152 210 524
Income (loss) from continuing operations after income taxes 941 1,216 1,822
Income (loss) from discontinued operations after income taxes (194) (58) (53)
Net income (loss) 747 1,158 1,769
Net income (loss) attributable to noncontrolling interests 12 11 10
Net income (loss) attributable to Corteva $ 735 $ 1,147 $ 1,759
Basic earnings (loss) per share of common stock from continuing operations $ 1.31 $ 1.67 $ 2.46
Basic earnings (loss) per share of common stock from discontinued operations (0.27) (0.08) (0.07)
Basic earnings (loss) per share of common stock 1.04 1.59 2.39
Diluted earnings (loss) per share of common stock from continuing operations 1.30 1.66 2.44
Diluted earnings (loss) per share of common stock from discontinued operations (0.27) (0.08) (0.07)
Diluted earnings (loss) per share of common stock $ 1.03 $ 1.58 $ 2.37
EIDP      
Net Sales $ 17,226 $ 17,455 $ 15,655
Cost of Goods Sold 9,920 10,436 9,220
Research and Development Expense 1,337 1,216 1,187
Selling, General and Administrative Expense 3,176 3,173 3,209
Amortization of Intangibles 683 702 722
Restructuring and Related Cost, Incurred Cost 336 363 289
Other income (expense) - net (448) (60) 1,348
Interest Expense 253 124 80
Income (loss) from continuing operations before income taxes 1,073 1,381 2,296
Provision for (benefit from) income taxes on continuing operations 147 199 512
Income (loss) from continuing operations after income taxes 926 1,182 1,784
Income (loss) from discontinued operations after income taxes (194) (58) (53)
Net income (loss) 732 1,124 1,731
Net income (loss) attributable to noncontrolling interests   1 0
Net income (loss) attributable to Corteva $ 730 $ 1,123 $ 1,731