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Supplementary Information (Tables)
12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Other Nonoperating Income (Expense)
Other Income (Expense) - NetFor the Year Ended December 31,
(In millions)202320222021
Interest income$283 $124 $77 
Equity in earnings (losses) of affiliates - net10 20 14 
Net gain (loss) on sales of businesses and other assets1
22 18 21 
Net exchange gains (losses)2
(397)(229)(54)
Non-operating pension and other post-employment benefit credits (costs)3
(119)163 1,318 
Miscellaneous income (expenses) - net4
(247)(156)(28)
Other income (expense) - net$(448)$(60)$1,348 
1.    The years ended December 31, 2022 and 2021 include a gain of $15 million and $19 million, respectively, relating to the sale of a business in the crop protection segment.
2.    Includes net pre-tax exchange gains (losses) of $(284) million, $(110) million and $(67) million associated with the devaluation of the Argentine peso for the years ended December 31, 2023, 2022 and 2021, respectively.
3.    Includes non-service related components of net periodic benefit credits (costs) (interest cost, expected return on plan assets, amortization of unrecognized gain (loss), amortization of prior service benefit and settlement gain (loss)). 
4.    Includes losses from sale of receivables, tax indemnification adjustments related to changes in indemnification balances as a result of the application of the terms of the Tax Matters Agreement between Corteva and Dow and/or DuPont, and other items. The years ended December 31, 2023, 2022, and 2021 also includes an Employee Retention Credit pursuant to the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act as enhanced by the Consolidated Appropriations Act (“CAA”) and American Rescue Plan Act (“ARPA”). The years ended December 31, 2023 and 2022 also includes estimated settlement reserves and gains (losses) associated with the sale of businesses, assets and equity investments. The year ended December 31, 2022 also includes legal accruals and settlement cost associated with the Russia Exit. The year ended December 31, 2021 also includes a charge related to a contract termination with a third-party service provider, a gain from the remeasurement of an equity investment and an officer indemnification payment. See Note 23 - Segment Information, to the Consolidated Financial Statements, for additional information on significant items.
Foreign Currency Exchange Gain (Loss)
For the Year Ended December 31,
(In millions)202320222021
Subsidiary Monetary Position Gain (Loss)
Pre-tax exchange gain (loss) $(371)$(217)$(72)
Local tax (expenses) benefits 55 (10)(30)
Net after-tax impact from subsidiary exchange gain (loss) $(316)$(227)$(102)
Hedging Program Gain (Loss)
Pre-tax exchange gain (loss)$(26)$(12)$18 
Tax (expenses) benefits(4)
Net after-tax impact from hedging program exchange gain (loss) $(19)$(7)$14 
Total Exchange Gain (Loss)
Pre-tax exchange gain (loss) $(397)$(229)$(54)
Tax (expenses) benefits62 (5)(34)
Net after-tax exchange gain (loss) $(335)$(234)$(88)
Restrictions on Cash and Cash Equivalents
(In millions)December 31, 2023December 31, 2022
Cash and cash equivalents$2,644 $3,191 
Restricted cash equivalents514 427 
Total cash, cash equivalents and restricted cash equivalents$3,158 $3,618