NONCONSOLIDATED AFFILIATES	3 Months Ended
Mar. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]
NONCONSOLIDATED AFFILIATES	NONCONSOLIDATED AFFILIATES The Company's investments in companies accounted for using the equity method ("nonconsolidated affiliates") are recorded in "Investments and noncurrent receivables" in the interim Condensed Consolidated Balance Sheets. The Company's net investment in nonconsolidated affiliates at March 31, 2024 and December 31, 2023 is $797 million and $788 million, respectively. Sales to nonconsolidated affiliates represented less than 2 percent of total net sales for both the three months ended March 31, 2024, and 2023. Purchases from nonconsolidated affiliates represented less than 1 percent and 3 percent of “Cost of sales” for the three months ended March 31, 2024 and 2023, respectively. The Company maintained an ownership interest in seven nonconsolidated affiliates at March 31, 2024. Derby Equity Interest As a result of the Delrin® Divestiture, on November 1, 2023, the Company received a 19.9 percent non-controlling equity interest in Derby. The financial results of Derby, subsequent to the transaction date, are included in DuPont's Consolidated Financial Statements with a three-month lag, using the equity method of accounting and with intercompany profits eliminated in accordance with DuPont’s accounting policy. For the three months ended March 31, 2024, the Company recorded a loss of $7 million in "Equity in earnings of nonconsolidated affiliates" which includes the impact of approximately $8 million for transaction costs incurred by Derby and amortization expense from purchase accounting. As of March 31, 2024, the carrying values of the retained equity investment and note receivable were $117 million and $234 million, respectively. For the three months ended March 31, 2024, Company recognized non-cash interest income on the Derby Note Receivable of $6 million, reported in "Sundry income (expense) - net" on the interim Consolidated Statement of Operations, and accreted to the carrying value of the note receivable.

NONCONSOLIDATED AFFILIATES

3 Months Ended

Mar. 31, 2024

Equity Method Investments and Joint Ventures [Abstract]

The Company's investments in companies accounted for using the equity method ("nonconsolidated affiliates") are recorded in "Investments and noncurrent receivables" in the interim Condensed Consolidated Balance Sheets. The Company's net investment in nonconsolidated affiliates at March 31, 2024 and December 31, 2023 is $797 million and $788 million, respectively.

Sales to nonconsolidated affiliates represented less than 2 percent of total net sales for both the three months ended March 31, 2024, and 2023. Purchases from nonconsolidated affiliates represented less than 1 percent and 3 percent of “Cost of sales” for the three months ended March 31, 2024 and 2023, respectively. The Company maintained an ownership interest in seven nonconsolidated affiliates at March 31, 2024.

Derby Equity Interest

As a result of the Delrin® Divestiture, on November 1, 2023, the Company received a 19.9 percent non-controlling equity interest in Derby. The financial results of Derby, subsequent to the transaction date, are included in DuPont's Consolidated Financial Statements with a three-month lag, using the equity method of accounting and with intercompany profits eliminated in accordance with DuPont’s accounting policy. For the three months ended March 31, 2024, the Company recorded a loss of $7 million in "Equity in earnings of nonconsolidated affiliates" which includes the impact of approximately $8 million for transaction costs incurred by Derby and amortization expense from purchase accounting. As of March 31, 2024, the carrying values of the retained equity investment and note receivable were $117 million and $234 million, respectively.

For the three months ended March 31, 2024, Company recognized non-cash interest income on the Derby Note Receivable of $6 million, reported in "Sundry income (expense) - net" on the interim Consolidated Statement of Operations, and accreted to the carrying value of the note receivable.