Corteva Inc

For the period ended Mar 31, 2024. Filed May 2, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 2, 2024

CTVA$12.11+1.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

Consolidated Balance Sheets (Unaudited)

(In millions, except share amounts)	March 31, 2024	December 31, 2023	March 31, 2023
Assets
Current assets
Cash and cash equivalents	$1,505	$2,644	$1,646
Marketable securities	153	98	85
Accounts and notes receivable - net	7,906	5,488	8,678
Inventories	6,183	6,899	6,585
Other current assets	1,416	1,131	1,335
Total current assets	17,163	16,260	18,329
Investment in nonconsolidated affiliates	123	115	87
Property, plant and equipment	9,013	8,956	8,633
Less: Accumulated depreciation	4,807	4,669	4,362
Net property, plant and equipment	4,206	4,287	4,271
Goodwill	10,553	10,605	10,508
Other intangible assets	9,446	9,626	10,137
Deferred income taxes	551	584	508
Other assets	2,329	1,896	1,660
Total Assets	$44,371	$43,373	$45,500
Liabilities and Equity
Current liabilities
Short-term borrowings and finance lease obligations	$2,148	$198	$3,787
Accounts payable	3,606	4,280	3,957
Income taxes payable	311	174	298
Deferred revenue	2,694	3,406	2,712
Accrued and other current liabilities	2,566	2,347	2,496
Total current liabilities	11,325	10,405	13,250
Long-term debt	2,492	2,291	1,241
Long-term debt - related party	—	—	429
Other noncurrent liabilities
Deferred income tax liabilities	753	899	1,255
Pension and other post employment benefits - noncurrent	2,453	2,467	2,242
Other noncurrent obligations	1,587	1,651	1,692
Total noncurrent liabilities	7,285	7,308	6,859
Commitments and contingent liabilities
Stockholders’ equity
Preferred stock, without par value – cumulative; 23,000,000 shares authorized; issued at March 31, 2024, December 31, 2023, and March 31, 2023:
$4.50 Series – 1,673,000 shares (callable at $120)	169	169	169
$3.50 Series – 700,000 shares (callable at $102)	70	70	70
Common stock, $0.30 par value; 1,800,000,000 shares authorized; 200 issued at March 31, 2024, December 31, 2023, and March 31, 2023	—	—	—
Additional paid-in capital	24,360	24,349	24,275
Retained earnings (accumulated deficit)	4,169	3,747	3,614
Accumulated other comprehensive income (loss)	(3,010)	(2,677)	(2,739)
Total EIDP, Inc. stockholders’ equity	25,758	25,658	25,389
Noncontrolling interests	3	2	2
Total equity	25,761	25,660	25,391
Total Liabilities and Equity	$44,371	$43,373	$45,500

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.