Corteva Inc

For the period ended Mar 31, 2025. Filed May 8, 2025.

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, 2025 · Filed May 8, 2025

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, 2025	December 31, 2024	March 31, 2024
Assets
Current assets
Cash and cash equivalents	$2,008	$3,106	$1,505
Marketable securities	1	63	153
Accounts and notes receivable - net	8,294	5,676	7,906
Inventories	5,132	5,432	6,183
Other current assets	1,152	820	1,416
Total current assets	16,587	15,097	17,163
Investment in nonconsolidated affiliates	136	134	123
Property, plant and equipment	9,244	9,074	9,013
Less: Accumulated depreciation	5,139	4,975	4,807
Net property, plant and equipment	4,105	4,099	4,206
Goodwill	10,332	10,408	10,553
Other intangible assets	8,718	8,876	9,446
Deferred income taxes	413	401	551
Other assets	1,832	1,810	2,329
Total Assets	$42,123	$40,825	$44,371
Liabilities and Equity
Current liabilities
Short-term borrowings and finance lease obligations	$2,291	$750	$2,148
Accounts payable	3,905	4,039	3,606
Income taxes payable	322	207	311
Deferred revenue	2,631	3,287	2,694
Accrued and other current liabilities	2,321	2,096	2,566
Total current liabilities	11,470	10,379	11,325
Long-term debt	1,792	1,953	2,492
Other noncurrent liabilities
Deferred income tax liabilities	369	478	753
Pension and other post-employment benefits	2,239	2,271	2,453
Other noncurrent obligations	1,715	1,707	1,587
Total noncurrent liabilities	6,115	6,409	7,285
Commitments and contingent liabilities
Stockholders’ equity
Preferred stock, without par value – cumulative; 23,000,000 shares authorized; issued at March 31, 2025, December 31, 2025, and March 31, 2024:
$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, 2025, December 31, 2024, and March 31, 2024	—	—	—
Additional paid-in capital	24,497	24,464	24,360
Due from Parent	—	(129)	—
Retained earnings (accumulated deficit)	3,070	2,930	4,169
Accumulated other comprehensive income (loss)	(3,271)	(3,469)	(3,010)
Total EIDP, Inc. stockholders’ equity	24,535	24,035	25,758
Noncontrolling interests	3	2	3
Total equity	24,538	24,037	25,761
Total Liabilities and Equity	$42,123	$40,825	$44,371

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.