← Corteva, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($5.0b) | ($941.0m) | $701.0m | $1.8b | $1.2b | $747.0m | $919.0m | $1.1b | |
| (Income) Loss from Discontinued Operations, after income taxes | — | — | — | $53.0m | $58.0m | $194.0m | ($56.0m) | $99.0m | |
| Cash Provided by (Used for) Operating Activities - Continuing Operations | $483.0m | $1.1b | $2.1b | $2.8b | $912.0m | $1.8b | $2.3b | $3.5b | |
| Cash Provided by (Used for) Operating Activities - Discontinued Operations | $483.0m | $1.1b | $2.1b | ($42.0m) | ($40.0m) | ($40.0m) | ($151.0m) | ($51.0m) | |
| Depreciation and amortization | $2.8b | $1.6b | $2.4b | $2.5b | $1.2b | $1.2b | $1.2b | $1.2b | |
| Provision for (benefit from) deferred income tax | $31.0m | ($477.0m) | ($330.0m) | $174.0m | ($286.0m) | ($438.0m) | ($365.0m) | ($41.0m) | |
| Net (gain) loss on sales of property, businesses, consolidated companies and investments | — | — | — | — | ($18.0m) | ($22.0m) | ($17.0m) | ($41.0m) | |
| Net periodic pension and OPEB (benefit) cost, net | — | — | — | ($1.3b) | ($142.0m) | $138.0m | $160.0m | $36.0m | |
| Pension and OPEB contributions | — | $323.0m | $269.0m | $247.0m | $182.0m | $149.0m | ($151.0m) | ($136.0m) | |
| Restructuring and Asset Related Charges - net | $694.0m | $222.0m | — | — | $363.0m | $336.0m | $288.0m | $146.0m | |
| Other net loss | $262.0m | $246.0m | $290.0m | $156.0m | $305.0m | $578.0m | $383.0m | $545.0m | |
| Accounts and Notes Receivable | ($1.5b) | ($361.0m) | $187.0m | ($113.0m) | ($997.0m) | $358.0m | ($705.0m) | ($261.0m) | |
| Inventories | ($498.0m) | $74.0m | $104.0m | ($422.0m) | ($1.7b) | $57.0m | $1.1b | ($35.0m) | |
| Accounts Payable | $642.0m | $149.0m | ($118.0m) | $524.0m | $807.0m | ($663.0m) | ($115.0m) | $231.0m | |
| Deferred Revenue | — | $632.0m | $71.0m | $574.0m | $194.0m | ($11.0m) | ($86.0m) | $270.0m | |
| Other Assets and Liabilities | ($1.6b) | ($418.0m) | $186.0m | $93.0m | $162.0m | ($527.0m) | ($296.0m) | $336.0m | |
| Cash provided by (used for) operating activities | $483.0m | $1.1b | $2.1b | $2.7b | $872.0m | $1.8b | $2.1b | $3.4b | |
| Net payment from (advances to) Parent on in-house banking arrangement | — | — | — | — | $0 | $20.0m | $361.0m | $129.0m | |
| Escrow funding associated with acquisitions | — | — | $0 | $0 | ($36.0m) | $0 | $0 | — | |
| Investments in and loans to nonconsolidated affiliates | ($8.0m) | ($10.0m) | ($1.0m) | ($4.0m) | ($12.0m) | ($32.0m) | ($7.0m) | ($20.0m) | |
| Payments for (Proceeds from) Hedge, Investing Activities | — | — | — | — | — | $42.0m | $63.0m | ($83.0m) | |
| Cash provided by (used for) investing activities | ($505.0m) | ($904.0m) | ($674.0m) | ($362.0m) | ($632.0m) | ($2.0b) | ($589.0m) | ($543.0m) | |
| Net Change in borrowings (less than 90 days) | $400.0m | ($1.9b) | $0 | $13.0m | ($13.0m) | ($6.0m) | $53.0m | $0 | |
| Proceeds from Exercise of Stock Options | $85.0m | $47.0m | $56.0m | $100.0m | $88.0m | $31.0m | $60.0m | $88.0m | |
| Cash provided by (used for) financing activities | ($2.6b) | ($2.9b) | $303.0m | ($1.3b) | ($1.2b) | ($99.0m) | ($1.2b) | ($1.6b) | |
| Interest, net of amounts capitalized | $923.0m | $263.0m | $36.0m | $30.0m | $75.0m | $234.0m | $244.0m | $191.0m | |
| Income Taxes | $961.0m | $234.0m | $229.0m | $341.0m | $467.0m | $535.0m | $707.0m | $750.0m | |
| Capital expenditures | ($1.5b) | ($1.2b) | ($475.0m) | ($573.0m) | ($605.0m) | ($595.0m) | ($597.0m) | ($591.0m) | |
| Acquisitions of businesses - Net of Cash Acquired | $0 | ($10.0m) | $0 | $0 | $0 | ($1.5b) | $0 | $0 | |
| Purchases of investments | ($1.3b) | ($138.0m) | ($995.0m) | ($204.0m) | ($344.0m) | ($148.0m) | ($144.0m) | $0 | |
| Proceeds from Sale and Maturities of Investments | $2.2b | $160.0m | $721.0m | $345.0m | $295.0m | $147.0m | $130.0m | $135.0m | |
| Proceeds from Sales of property, businesses, and consolidated companies - net of cash divested | — | — | — | — | $73.0m | $57.0m | $5.0m | $54.0m | |
| Other investing activities - net | ($3.0m) | ($13.0m) | ($7.0m) | ($1.0m) | ($3.0m) | ($2.0m) | ($39.0m) | ($38.0m) | |
| Proceeds from Debt | $756.0m | $1.0b | $2.4b | $419.0m | $1.4b | $3.4b | $3.1b | $1.7b | |
| Repayments of Related Party Debt | $0 | ($219.0m) | ($665.0m) | ($1.3b) | ($1.4b) | ($818.0m) | $0 | $0 | |
| Payments on Debt | ($6.0b) | ($6.8b) | ($1.4b) | ($421.0m) | ($1.1b) | ($2.3b) | ($2.9b) | ($1.9b) | |
| Repurchase of Common Stock | $0 | ($25.0m) | ($275.0m) | ($950.0m) | ($1.0b) | ($756.0m) | ($1.0b) | ($1.1b) | |
| Dividends Paid to stockholders | $0 | ($194.0m) | ($388.0m) | ($397.0m) | ($418.0m) | ($439.0m) | ($458.0m) | ($475.0m) | |
| Other financing activities, net | ($88.0m) | ($33.0m) | ($28.0m) | ($30.0m) | ($55.0m) | ($49.0m) | ($32.0m) | ($45.0m) | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash equivalents | ($244.0m) | ($88.0m) | $7.0m | ($136.0m) | ($278.0m) | ($143.0m) | ($93.0m) | $84.0m | |
| Increase (decrease) on cash, cash equivalents and restricted cash | ($2.9b) | ($2.9b) | $1.7b | $963.0m | ($1.2b) | ($460.0m) | $264.0m | $1.3b | |
| Cash, cash equivalents and restricted cash equivalents at beginning of period | $5.0b | $2.2b | $3.9b | $4.8b | $3.6b | $3.2b | $3.4b | $4.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.