EARNINGS PER SHARE OF COMMON STOCKThe following tables provide earnings per share calculations for the periods indicated below: | | | | | | | | | | | | | Net Income (Loss) for Earnings Per Share Calculations - Basic and Diluted | For the Year Ended December 31, | | (In millions) | 2024 | 2023 | 2022 | | Income (loss) from continuing operations after income taxes | $ | 863 | | $ | 941 | | $ | 1,216 | | | Net income (loss) attributable to continuing operations noncontrolling interests | 12 | | 12 | | 11 | | | | | | | Income (loss) from continuing operations available to Corteva common stockholders | $ | 851 | | $ | 929 | | $ | 1,205 | | | | | | | | | | | Income (loss) from discontinued operations available to Corteva common stockholders | 56 | | (194) | | (58) | | | Net income (loss) available to common stockholders | $ | 907 | | $ | 735 | | $ | 1,147 | |
| | | | | | | | | | | | | Earnings (Loss) Per Share Calculations - Basic | For the Year Ended December 31, | | (Dollars per share) | 2024 | 2023 | 2022 | | Earnings (loss) per share of common stock from continuing operations | $ | 1.23 | | $ | 1.31 | | $ | 1.67 | | | Earnings (loss) per share of common stock from discontinued operations | 0.08 | | (0.27) | | (0.08) | | | Earnings (loss) per share of common stock | $ | 1.31 | | $ | 1.04 | | $ | 1.59 | | | | | |
| | | | | | | | | | | | | Earnings (Loss) Per Share Calculations - Diluted | For the Year Ended December 31, | | (Dollars per share) | 2024 | 2023 | 2022 | | Earnings (loss) per share of common stock from continuing operations | $ | 1.22 | | $ | 1.30 | | $ | 1.66 | | | Earnings (loss) per share of common stock from discontinued operations | 0.08 | | (0.27) | | (0.08) | | | Earnings (loss) per share of common stock | $ | 1.30 | | $ | 1.03 | | $ | 1.58 | |
| | | | | | | | | | | | | Share Count Information | For the Year Ended December 31, | | (Shares in millions) | 2024 | 2023 | 2022 | | Weighted-average common shares - basic | 693.7 | | 709.0 | | 720.8 | | Plus dilutive effect of equity compensation plans1 | 2.3 | | 2.9 | | 3.7 | | | | | | | Weighted-average common shares - diluted | 696.0 | | 711.9 | | 724.5 | | Potential shares of common stock excluded from EPS calculations2 | 3.1 | | 2.3 | | 1.5 | |
1.Diluted earnings (loss) per share considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an anti-dilutive effect. 2.These outstanding potential shares of common stock relating to stock options, restricted stock units and performance-based restricted stock units were excluded from the calculation of diluted earnings (loss) per share because (i) the effect of including them would have been anti-dilutive; and (ii) the performance metrics have not yet been achieved for the outstanding potential shares relating to performance-based restricted stock units, which are deemed to be contingently issuable.
|