Corteva Inc
For the period ended Dec 31, 2023. Filed Feb 8, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 8, 2024
CTVA$12.17+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
| (In millions, except share and per share amounts) | December 31, 2023 | December 31, 2022 |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $2,644 | $3,191 |
| Marketable securities | 98 | 124 |
| Accounts and notes receivable - net | 5,488 | 5,701 |
| Inventories | 6,899 | 6,811 |
| Other current assets | 1,131 | 968 |
| Total current assets | 16,260 | 16,795 |
| Investment in nonconsolidated affiliates | 115 | 102 |
| Property, plant and equipment | 8,956 | 8,551 |
| Less: Accumulated depreciation | 4,669 | 4,297 |
| Net property, plant and equipment | 4,287 | 4,254 |
| Goodwill | 10,605 | 9,962 |
| Other intangible assets | 9,626 | 9,339 |
| Deferred income taxes | 584 | 479 |
| Other assets | 1,519 | 1,687 |
| Total Assets | $42,996 | $42,618 |
| Liabilities and Equity | ||
| Current liabilities | ||
| Short-term borrowings and finance lease obligations | $198 | $24 |
| Accounts payable | 4,280 | 4,895 |
| Income taxes payable | 174 | 183 |
| Deferred revenue | 3,406 | 3,388 |
| Accrued and other current liabilities | 2,351 | 2,254 |
| Total current liabilities | 10,409 | 10,744 |
| Long-term debt | 2,291 | 1,283 |
| Other noncurrent liabilities | ||
| Deferred income tax liabilities | 899 | 1,119 |
| Pension and other post-employment benefits | 2,467 | 2,255 |
| Other noncurrent obligations | 1,651 | 1,676 |
| Total noncurrent liabilities | 7,308 | 6,333 |
| Commitments and contingent liabilities | ||
| Stockholders’ equity | ||
| Common stock, $0.01 par value; 1,666,667,000 shares authorized; issued at December 31, 2023 - 701,260,000 and December 31, 2022 - 713,419,000 | 7 | 7 |
| Additional paid-in capital | 27,748 | 27,851 |
| Retained earnings (accumulated deficit) | (41) | 250 |
| Accumulated other comprehensive income (loss) | (2,677) | (2,806) |
| Total Corteva stockholders’ equity | 25,037 | 25,302 |
| Noncontrolling interests | 242 | 239 |
| Total equity | 25,279 | 25,541 |
| Total Liabilities and Equity | $42,996 | $42,618 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.