Corteva, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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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.
Jun 30, 2025 · Filed Aug 7, 2025
CTVA$12.17+0.5%Stored close · as of Nov 10, 2026
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Pension Plans and Other Post Employment Benefits
NOTE 14 -PENSION PLANS AND OTHER POST EMPLOYMENT BENEFITS
The following sets forth the components of the company's net periodic benefit (credit) cost for defined benefit pension plans and other post employment benefits ("OPEB"):
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| (In millions) | 2025 | 2024 | 2025 | 2024 |
| Defined Benefit Pension Plans: | ||||
| Service cost | $3 | $4 | $7 | $9 |
| Interest cost | 156 | 163 | 313 | 326 |
| Expected return on plan assets | (155) | (133) | (310) | (266) |
| Amortization of prior service (benefit) cost | (1) | (1) | (2) | (2) |
| Net periodic benefit (credit) cost | $3 | $33 | $8 | $67 |
| Other Post Employment Benefits: | ||||
| Interest cost | $10 | $10 | $20 | $20 |
| Amortization of unrecognized (gain) loss | (4) | (3) | (9) | (6) |
| Net periodic benefit (credit) cost | $6 | $7 | $11 | $14 |
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