Item 6. EXHIBITS


Exhibit Number						Description

2.1						Separation and Distribution Agreement by and among DuPont Inc., Dow Inc. and Corteva, Inc. (incorporated by reference to Exhibit No. 2.1 to Amendment 3 to Corteva’s Registration Statement on Form 10 (Commission file number 001-38710), filed on April 16, 2019).

3.1						Amended and Restated Certificate of Incorporation of Corteva, Inc. (incorporated by reference to Exhibit No. 3.1 to Corteva’s Current Report on Form 8-K (Commission file number 001-38710), filed on June 3, 2019).

3.2						Amended and Restated Bylaws of Corteva, Inc. (incorporated by reference to Exhibit No. 3.1 to Corteva’s Current Report on Form 8-K (Commission file number 001-38710), filed on October 10, 2019).

3.3						Amended and Restated Certificate of Incorporation of E.I. du Pont de Nemours and Company (incorporated by reference to Exhibit 3.1 to E.I. du Pont de Nemours and Company’s Current Report on Form 8-K (Commission file number 1-815) dated September 1, 2017).

3.4						Amended and Restated Bylaws of E.I. du Pont de Nemours and Company (incorporated by reference to Exhibit 3.2 to E.I. du Pont de Nemours and Company's Current Report on Form 8-K (Commission file number 1-815) dated September 1, 2017).

4						Corteva agrees to provide the Commission, on request, copies of instruments defining the rights of holders of long-term debt of Corteva and its subsidiaries.

10.1						Form of Time-Vested Restricted Stock Unit Award Terms under 2019 Corteva, Inc. Omnibus Incentive Plan

10.2						Form of Option Award Terms under 2019 Corteva, Inc. Omnibus Incentive Plan

10.3						Form of Performance Stock Unit Award Terms under 2019 Corteva, Inc. Omnibus Incentive Plan




31.1						Rule 13a-14(a)/15d-14(a) Certification of the company’s and EID’s Principal Executive Officer.

31.2						Rule 13a-14(a)/15d-14(a) Certification of the company’s and EID’s Principal Financial Officer.

32.1						Section 1350 Certification of the company’s and EID’s Principal Executive Officer. The information contained in this Exhibit shall not be deemed filed with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by the registrant under the Securities Act of 1933, as amended.

32.2						Section 1350 Certification of the company’s and EID’s Principal Financial Officer. The information contained in this Exhibit shall not be deemed filed with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by the registrant under the Securities Act of 1933, as amended.

101.INS						XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

101.SCH						Inline XBRL Taxonomy Extension Schema Document

101.CAL						Inline XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF						Inline XBRL Taxonomy Extension Definition Linkbase Document

101.LAB						Inline XBRL Taxonomy Extension Label Linkbase Document

101.PRE						Inline XBRL Taxonomy Extension Presentation Linkbase Document

104						Cover Page Interactive Data File – The Cover Page XBRL tags are embedded within the Inline XBRL document (included in Exhibit 101.INS)

SIGNATURE

Corteva, Inc.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


			CORTEVA, INC.
			(Registrant)

			Date:			May 5, 2022


			By:			/s/ Brian Titus

						Brian Titus
						Vice President, Controller
						(Principal Accounting Officer)

E. I. du Pont de Nemours and Company

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


			E. I. du Pont de Nemours and Company
			(Registrant)

			Date:			May 5, 2022


			By:			/s/ Brian Titus

						Brian Titus
						Vice President, Controller
						(Principal Accounting Officer)

CONSOLIDATED FINANCIAL STATEMENTS OF E. I. DU PONT DE NEMOURS AND COMPANY

E. I. du Pont de Nemours and Company

Consolidated Statements of Operations (Unaudited)


	Three Months Ended March 31,
(In millions, except per share amounts)	2022		2021
Net sales	$	4,601	$	4,178
Cost of goods sold	2,724		2,420
Research and development expense	268		281
Selling, general and administrative expenses	735		733
Amortization of intangibles	179		183
Restructuring and asset related charges - net	5		100
Other income - net	17		337
Interest expense	18		22
Income (loss) from continuing operations before income taxes	689		776
Provision for (benefit from) income taxes on continuing operations	119		174
Income (loss) from continuing operations after income taxes	570		602
(Loss) income from discontinued operations after income taxes	(10)		(10)
Net income (loss)	560		592
Net income (loss) attributable to noncontrolling interests	1		1
Net income (loss) attributable to E. I. du Pont de Nemours and Company	$	559	$	591

See Notes to the Interim Consolidated Financial Statements beginning on page 63.

E. I. du Pont de Nemours and Company

Consolidated Statements of Comprehensive Income (Loss) (Unaudited)


	Three Months Ended March 31,
(In millions)	2022		2021
Net income (loss)	$	560	$	592
Other comprehensive income (loss) - net of tax:
Cumulative translation adjustments	91		(403)
Adjustments to pension benefit plans	8		8
Adjustments to other benefit plans	3		(157)
Unrealized gain (loss) on investments	—		10
Derivative instruments	(25)		65
Total other comprehensive income (loss)	77		(477)
Comprehensive income (loss)	637		115
Comprehensive income (loss) attributable to noncontrolling interests - net of tax	1		1
Comprehensive income (loss) attributable to E. I. du Pont de Nemours and Company	$	636	$	114

See Notes to the Interim Consolidated Financial Statements beginning on page 63.

E. I. du Pont de Nemours and Company

Consolidated Balance Sheets (Unaudited)


(In millions, except share amounts)	March 31, 2022		December 31, 2021		March 31, 2021
Assets
Current assets
Cash and cash equivalents	$	2,031	$	4,459	$	2,404
Marketable securities	290		86		114
Accounts and notes receivable - net	7,275		4,811		6,792
Inventories	4,986		5,180		4,321
Other current assets	1,296		1,010		1,405

Total current assets	15,878		15,546		15,036
Investment in nonconsolidated affiliates	91		76		64
Property, plant and equipment	8,483		8,364		8,173
Less: Accumulated depreciation	4,150		4,035		3,874
Net property, plant and equipment	4,333		4,329		4,299
Goodwill	10,109		10,107		10,146
Other intangible assets	9,865		10,044		10,584
Deferred income taxes	471		438		433
Other assets	1,886		1,804		1,987

Total Assets	$	42,633	$	42,344	$	42,549
Liabilities and Equity
Current liabilities
Short-term borrowings and finance lease obligations	$	1,018	$	17	$	1,250
Accounts payable	3,685		4,126		3,098
Income taxes payable	180		146		165
Deferred revenue	2,435		3,201		2,247
Accrued and other current liabilities	2,347		2,070		2,257

Total current liabilities	9,665		9,560		9,017
Long-term debt	1,154		1,100		1,102
Long-term debt - related party	1,825		2,162		3,012
Other noncurrent liabilities
Deferred income tax liabilities	1,203		1,220		902
Pension and other post employment benefits - noncurrent	2,983		3,124		4,954
Other noncurrent obligations	1,704		1,719		1,814

Total noncurrent liabilities	8,869		9,325		11,784
Commitments and contingent liabilities
Stockholders’ equity
Preferred stock, without par value – cumulative; 23,000,000 shares authorized; issued at March 31, 2022, December 31, 2021, and March 31, 2021:
$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, 2022, December 31, 2021, and March 31, 2021	—		—		—
Additional paid-in capital	24,202		24,196		24,083

Retained earnings	2,478		1,922		792
Accumulated other comprehensive income (loss)	(2,821)		(2,898)		(3,367)
Total E. I. du Pont de Nemours and Company stockholders’ equity	24,098		23,459		21,747
Noncontrolling interests	1		—		1
Total equity	24,099		23,459		21,748
Total Liabilities and Equity	$	42,633	$	42,344	$	42,549

See Notes to the Interim Consolidated Financial Statements beginning on page 63.

E. I. du Pont de Nemours and Company

Consolidated Statements of Cash Flows (Unaudited)


	Three Months Ended March 31,
(In millions)	2022		2021
Operating activities
Net income (loss)	$	560	$	592
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:
Depreciation and amortization	307		304
Provision for (benefit from) deferred income tax	(37)		47
Net periodic pension and OPEB benefit, net	(71)		(318)
Pension and OPEB contributions	(55)		(84)
Net (gain) loss on sales of property, businesses, consolidated companies, and investments	3		—
Restructuring and asset related charges - net	5		100
Other net loss	104		54
Changes in assets and liabilities, net
Accounts and notes receivable	(2,372)		(2,012)
Inventories	234		467
Accounts payable	(406)		(448)
Deferred revenue	(782)		(401)
Other assets and liabilities	(217)		(247)
Cash provided by (used for) operating activities	(2,727)		(1,946)
Investing activities
Capital expenditures	(179)		(137)
Proceeds from sales of property, businesses, and consolidated companies - net of cash divested	5		20
Investments in and loans to nonconsolidated affiliates	(6)		—
Purchases of investments	(234)		(40)
Proceeds from sales and maturities of investments	10		194
Other investing activities, net	—		(1)
Cash provided by (used for) investing activities	(404)		36
Financing activities
Net change in borrowings (less than 90 days)	744		828

Payments on related party debt	(337)		(447)
Proceeds from debt	311		419

Proceeds from exercise of stock options	40		38


Other financing activities, net	(47)		(21)
Cash provided by (used for) financing activities	711		817
Effect of exchange rate changes on cash, cash equivalents and restricted cash equivalents	(31)		(50)
Increase (decrease) in cash, cash equivalents and restricted cash equivalents	(2,451)		(1,143)
Cash, cash equivalents and restricted cash equivalents at beginning of period	4,836		3,873
Cash, cash equivalents and restricted cash equivalents at end of period	$	2,385	$	2,730

See Notes to the Interim Consolidated Financial Statements beginning on page 63.

E. I. du Pont de Nemours and Company

Consolidated Statements of Equity (Unaudited)


(In millions)	Preferred Stock		Common Stock		Additional Paid-in Capital "APIC"		Retained Earnings		Accum. Other Comp Income (Loss)		Non-controlling Interests		Total Equity
2021
Balance at January 1, 2021	$	239	$	—	$	24,049	$	203	$	(2,890)	$	—	$	21,601
Net income (loss)							591				1		592
Other comprehensive Income (loss)									(477)				(477)
Preferred dividends ($4.50 Series - $1.125 per share, $3.50 Series - $0.875 per share)							(2)						(2)
Issuance of Corteva stock					38								38

Other - net					(4)								(4)
Balance at March 31, 2021	$	239	$	—	$	24,083	$	792	$	(3,367)	$	1	$	21,748


(In millions)	Preferred Stock		Common Stock		Additional Paid-in Capital "APIC"		Retained Earnings		Accum. Other Comp Income (Loss)		Non-controlling Interests		Total Equity
2022
Balance at January 1, 2022	$	239	$	—	$	24,196	$	1,922	$	(2,898)	$	—	$	23,459
Net income (loss)							559				1		560
Other comprehensive income (loss)									77				77
Preferred dividends ($4.50 Series - $1.125 per share, $3.50 Series - $0.875 per share)							(2)						(2)


Issuance of Corteva stock					40								40
Share-based compensation					(31)								(31)


Other - net					(3)		(1)						(4)
Balance at March 31, 2022	$	239	$	—	$	24,202	$	2,478	$	(2,821)	$	1	$	24,099

See Notes to the Interim Consolidated Financial Statements beginning on page 63.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)


			E. I. du Pont de Nemours and Company
			Notes to the Consolidated Financial Statements (Unaudited)

Table of Contents


Note		Page
1	Basis of Presentation	64
2	Related Party Transactions	65
3	Segment Information	65

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE 1 - BASIS OF PRESENTATION

Corteva, Inc. owns 100% of the outstanding common stock of EID. EID is a subsidiary of Corteva, Inc. and continues to be a reporting company, subject to the requirements of the Exchange Act. The primary differences between Corteva, Inc. and EID are outlined below:

Preferred Stock - EID has preferred stock outstanding to third parties which is accounted for as a non-controlling interest at the Corteva, Inc. level. Each share of EID Preferred Stock - $4.50 Series and EID Preferred Stock - $3.50 Series issued and outstanding at the effective date of the Corteva Distribution remains issued and outstanding as to EID and was unaffected by the Corteva Distribution.
Related Party Loan - EID engaged in a series of debt redemptions during the second quarter of 2019 that were partially funded through an intercompany loan from Corteva, Inc. This was eliminated in consolidation at the Corteva, Inc. level but remains on EID's consolidated financial statements at the standalone level (including the associated interest).
Capital Structure** - At March 31, 2022, Corteva, Inc.'s capital structure consists of 725,320,000 issued shares of common stock, par value $0.01 per share.

The accompanying footnotes relate to EID only, and not to Corteva, Inc., and are presented to show differences between EID and Corteva, Inc.

For the footnotes listed below, refer to the following Corteva, Inc. footnotes:

Note 1 - Summary of Significant Accounting Policies - refer to page 9 of the Corteva, Inc. interim Consolidated Financial Statements
Note 2 - Recent Accounting Guidance - refer to page 9 of the Corteva, Inc. interim Consolidated Financial Statements
Note 3 - Revenue - refer to page 9 of the Corteva, Inc. interim Consolidated Financial Statements
Note 4 - Restructuring and Asset Related Charges - Net - refer to page 12 of the Corteva, Inc. interim Consolidated Financial Statements
Note 5 - Supplementary Information - refer to page 13 of the Corteva, Inc. interim Consolidated Financial Statements
Note 6 - Income Taxes - refer to page 14 of the Corteva, Inc. interim Consolidated Financial Statements
Note 7 - Earnings Per Share of Common Stock - Not applicable for EID
Note 8 - Accounts and Notes Receivable - Net - refer to page 16 of the Corteva, Inc. interim Consolidated Financial Statements
Note 9 - Inventories - refer to page 17 of the Corteva, Inc. interim Consolidated Financial Statements
Note 10 - Other Intangible Assets - refer to page 17 of the Corteva, Inc. interim Consolidated Financial Statements
Note 11 - Short-Term Borrowings, Long-Term Debt and Available Credit Facilities - refer to page 18 of the Corteva, Inc. interim Consolidated Financial Statements. In addition, EID has a related party loan payable to Corteva, Inc.; refer to EID Note 2 - Related Party Transactions, below
Note 12 - Commitments and Contingent Liabilities - refer to page 19 of the Corteva, Inc. interim Consolidated Financial Statements
Note 13 - Stockholders' Equity - refer to page 26 of the Corteva, Inc. interim Consolidated Financial Statements
Note 14 - Pension Plans and Other Post Employment Benefits - refer to page 29 of the Corteva, Inc. interim Consolidated Financial Statements
Note 15 - Financial Instruments - refer to page 29 of the Corteva, Inc. interim Consolidated Financial Statements
Note 16 - Fair Value Measurements - refer to page 35 of the Corteva, Inc. interim Consolidated Financial Statements
Note 17 - Segment Information - Differences exist between Corteva, Inc. and EID; refer to EID Note 3 - Segment Information, below
Note 18 - Subsequent Events - refer to page 37 of the Corteva, Inc. interim Consolidated Financial Statements

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE 2 - RELATED PARTY TRANSACTIONS

Transactions with Corteva

In the second quarter of 2019, EID entered into a related party revolving loan from Corteva, Inc., with a maturity date in 2024. As of March 31, 2022, December 31, 2021, and March 31, 2021, the outstanding related party loan balance was $1,825 million, $2,162 million, and $3,012 million, respectively (which approximates fair value), with interest rates of 1.67%, 1.67%, and 1.62%, respectively, and is reflected as long-term debt - related party in EID's interim Consolidated Balance Sheets. Additionally, EID has incurred tax deductible interest expense of $9 million and $15 million for the three months ended March 31, 2022 and 2021, respectively, associated with the related party loan from Corteva, Inc.

As of March 31, 2022, December 31, 2021, and March 31, 2021, EID had payables to Corteva, Inc., of $32 million, $27 million and $55 million included in accrued and other current liabilities, respectively, and $116 million, $117 million, and $91 million, included in other noncurrent obligations, respectively, in the interim Consolidated Balance Sheets related to Corteva's indemnification liabilities to Dow and DuPont per the Separation Agreements (refer to page 21 of the Corteva, Inc. interim Consolidated Financial Statements for further details of the Separation Agreements).

NOTE 3 - SEGMENT INFORMATION

There are no differences in reporting structure or segments between Corteva, Inc. and EID. In addition, there are no differences between Corteva, Inc. and EID segment net sales, segment operating EBITDA, segment assets, or significant items by segment; refer to page 36 of the Corteva, Inc. interim Consolidated Financial Statements for background information on the segments as well as further details regarding segment metrics. The tables below reconcile income (loss) from continuing operations after income taxes to segment operating EBITDA, as differences exist between Corteva, Inc. and EID.

Reconciliation to interim Consolidated Financial Statements


Income (loss) from continuing operations after income taxes to segment operating EBITDA (In millions)	Three Months Ended March 31,
2022	2021
Income (loss) from continuing operations after income taxes	$	570	$	602
Provision for (benefit from) income taxes on continuing operations	119		174
Income (loss) from continuing operations before income taxes	689		776
Depreciation and amortization	307		304
Interest income	(15)		(21)
Interest expense	18		22
Exchange (gains) losses	47		35
Non-operating (benefits) costs	(65)		(311)

Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges	36		(1)
Significant items (benefit) charge	22		100

Corporate expenses	21		34
Segment operating EBITDA	$	1,060	$	938

Previous: Item 5. OTHER INFORMATION