Item 6. EXHIBITS


Exhibit Number						Description

2.1						Separation and Distribution Agreement by and among DowDuPont 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 EIDP, Inc.

3.4						Amended and Restated Bylaws of EIDP, Inc. (incorporated by reference to Exhibit 3.2 to EIDP'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.




21						Subsidiaries of the Registrant.

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

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

32.1						Section 1350 Certification of the company’s and EIDP’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 EIDP’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 4, 2023


			By:			/s/ Brian Titus

						Brian Titus
						Vice President, Controller
						(Principal Accounting Officer)

EIDP, 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.


			EIDP, Inc.
			(Registrant)

			Date:			May 4, 2023


			By:			/s/ Brian Titus

						Brian Titus
						Vice President, Controller
						(Principal Accounting Officer)

EIDP, Inc.

Index to the Consolidated Financial Statements


			Page(s)
Consolidated Financial Statements (Unaudited):
Consolidated Statements of Operations			61
Consolidated Statements of Comprehensive Income (Loss)			62
Consolidated Balance Sheets			63
Consolidated Statements of Cash Flows			64
Consolidated Statements of Equity			65
Notes to the Interim Consolidated Financial Statements (Unaudited)			66

CONSOLIDATED FINANCIAL STATEMENTS OF EIDP, Inc.

EIDP, Inc.

Consolidated Statements of Operations (Unaudited)


	Three Months Ended March 31,
(In millions, except per share amounts)	2023		2022
Net sales	$	4,884	$	4,601
Cost of goods sold	2,771		2,724
Research and development expense	316		268
Selling, general and administrative expenses	726		735
Amortization of intangibles	160		179
Restructuring and asset related charges - net	33		5
Other income (expense) - net	(71)		17
Interest expense	44		18
Income (loss) from continuing operations before income taxes	763		689
Provision for (benefit from) income taxes on continuing operations	166		119
Income (loss) from continuing operations after income taxes	597		570
(Loss) income from discontinued operations after income taxes	(8)		(10)
Net income (loss)	589		560
Net income (loss) attributable to noncontrolling interests	1		1
Net income (loss) attributable to EIDP, Inc.	$	588	$	559

See Notes to the Interim Consolidated Financial Statements beginning on page 66.

EIDP, Inc.

Consolidated Statements of Comprehensive Income (Loss) (Unaudited)


	Three Months Ended March 31,
(In millions)	2023		2022
Net income (loss)	$	589	$	560
Other comprehensive income (loss) - net of tax:
Cumulative translation adjustments	134		91
Adjustments to pension benefit plans	2		8
Adjustments to other benefit plans	(2)		3

Derivative instruments	(67)		(25)
Total other comprehensive income (loss)	67		77
Comprehensive income (loss)	656		637
Comprehensive income (loss) attributable to noncontrolling interests - net of tax	1		1
Comprehensive income (loss) attributable to EIDP, Inc.	$	655	$	636

See Notes to the Interim Consolidated Financial Statements beginning on page 66.

EIDP, Inc.

Consolidated Balance Sheets (Unaudited)


(In millions, except share amounts)	March 31, 2023		December 31, 2022		March 31, 2022
Assets
Current assets
Cash and cash equivalents	$	1,646	$	3,190	$	2,031
Marketable securities	85		124		290
Accounts and notes receivable - net	8,678		5,701		7,275
Inventories	6,585		6,812		4,986
Other current assets	1,335		968		1,296

Total current assets	18,329		16,795		15,878
Investment in nonconsolidated affiliates	87		102		91
Property, plant and equipment	8,633		8,551		8,483
Less: Accumulated depreciation	4,362		4,297		4,150
Net property, plant and equipment	4,271		4,254		4,333
Goodwill	10,508		9,962		10,109
Other intangible assets	10,137		9,339		9,865
Deferred income taxes	508		479		471
Other assets	1,660		1,687		1,886

Total Assets	$	45,500	$	42,618	$	42,633
Liabilities and Equity
Current liabilities
Short-term borrowings and finance lease obligations	$	3,787	$	24	$	1,018
Accounts payable	3,957		4,895		3,685
Income taxes payable	298		183		180
Deferred revenue	2,712		3,388		2,435
Accrued and other current liabilities	2,496		2,258		2,347

Total current liabilities	13,250		10,748		9,665
Long-term debt	1,241		1,283		1,154
Long-term debt - related party	429		789		1,825
Other noncurrent liabilities
Deferred income tax liabilities	1,255		1,119		1,203
Pension and other post employment benefits - noncurrent	2,242		2,255		2,983
Other noncurrent obligations	1,692		1,675		1,704

Total noncurrent liabilities	6,859		7,121		8,869
Commitments and contingent liabilities
Stockholders’ equity
Preferred stock, without par value – cumulative; 23,000,000 shares authorized; issued at March 31, 2023, December 31, 2022, and March 31, 2022:
$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, 2023, December 31, 2022, and March 31, 2022	—		—		—
Additional paid-in capital	24,275		24,284		24,202

Retained earnings	3,614		3,031		2,478
Accumulated other comprehensive income (loss)	(2,739)		(2,806)		(2,821)
Total EIDP, Inc. stockholders’ equity	25,389		24,748		24,098
Noncontrolling interests	2		1		1
Total equity	25,391		24,749		24,099
Total Liabilities and Equity	$	45,500	$	42,618	$	42,633

See Notes to the Interim Consolidated Financial Statements beginning on page 66.

EIDP, Inc.

Consolidated Statements of Cash Flows (Unaudited)


	Three Months Ended March 31,
(In millions)	2023		2022
Operating activities
Net income (loss)	$	589	$	560
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:
Depreciation and amortization	287		307
Provision for (benefit from) deferred income tax	(85)		(37)
Net periodic pension and OPEB benefit, net	36		(71)
Pension and OPEB contributions	(50)		(55)
Net (gain) loss on sales of property, businesses, consolidated companies, and investments	1		3
Restructuring and asset related charges - net	33		5
Other net loss	48		104
Changes in assets and liabilities, net
Accounts and notes receivable	(2,708)		(2,372)
Inventories	324		234
Accounts payable	(908)		(406)
Deferred revenue	(685)		(782)
Other assets and liabilities	(188)		(217)
Cash provided by (used for) operating activities	(3,306)		(2,727)
Investing activities
Capital expenditures	(151)		(179)
Proceeds from sales of property, businesses, and consolidated companies - net of cash divested	21		5
Acquisitions of businesses - net of cash acquired	(1,463)		—
Investments in and loans to nonconsolidated affiliates	—		(6)
Purchases of investments	—		(234)
Proceeds from sales and maturities of investments	40		10
Proceeds from settlement of net investment hedge	42		—

Cash provided by (used for) investing activities	(1,511)		(404)
Financing activities
Net change in borrowings (less than 90 days)	3,084		744
Proceeds from related party debt	—		—
Payments on related party debt	(361)		(337)
Proceeds from debt	626		311
Payments on debt	(56)		—
Proceeds from exercise of stock options	7		40


Other financing activities, net	(31)		(47)
Cash provided by (used for) financing activities	3,269		711
Effect of exchange rate changes on cash, cash equivalents and restricted cash equivalents	(2)		(31)
Increase (decrease) in cash, cash equivalents and restricted cash equivalents	(1,550)		(2,451)
Cash, cash equivalents and restricted cash equivalents at beginning of period	3,618		4,836
Cash, cash equivalents and restricted cash equivalents at end of period	$	2,068	$	2,385

See Notes to the Interim Consolidated Financial Statements beginning on page 66.

EIDP, Inc.

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
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


(In millions)	Preferred Stock		Common Stock		Additional Paid-in Capital "APIC"		Retained Earnings		Accum. Other Comp Income (Loss)		Non-controlling Interests		Total Equity
2023
Balance at January 1, 2023	$	239	$	—	$	24,284	$	3,031	$	(2,806)	$	1	$	24,749
Net income (loss)							588				1		589
Other comprehensive Income (loss)									67				67
Preferred dividends ($4.50 Series - $1.125 per share, $3.50 Series - $0.875 per share)							(3)						(3)
Issuance of Corteva stock					7								7
Share-based compensation					(14)								(14)
Other - net					(2)		(2)						(4)
Balance at March 31, 2023	$	239	$	—	$	24,275	$	3,614	$	(2,739)	$	2	$	25,391

See Notes to the Interim Consolidated Financial Statements beginning on page 66.

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)


			EIDP, Inc.
			Notes to the Interim Consolidated Financial Statements (Unaudited)

Table of Contents


Note		Page
1	Basis of Presentation	67
2	Related Party Transactions	68
3	Segment Information	68

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

NOTE 1 - BASIS OF PRESENTATION

Corteva, Inc. owns 100% of the outstanding common stock of EIDP. EIDP 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 EIDP are outlined below:

Preferred Stock - EIDP has preferred stock outstanding to third parties which is accounted for as a non-controlling interest at the Corteva, Inc. level. Each share of EIDP Preferred Stock - $4.50 Series and EIDP Preferred Stock - $3.50 Series issued and outstanding at the effective date of the Corteva Distribution remains issued and outstanding as to EIDP and was unaffected by the Corteva Distribution.
Related Party Loan - EIDP 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 EIDP's consolidated financial statements at the standalone level (including the associated interest).
Capital Structure** - At March 31, 2023, Corteva, Inc.'s capital structure consists of 710,678,000 issued shares of common stock, par value $0.01 per share.

The accompanying footnotes relate to EIDP only, and not to Corteva, Inc., and are presented to show differences between EIDP 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 - Business Combinations - refer to page 9 of the Corteva, Inc. interim Consolidated Financial Statements
Note 4 - Revenue - refer to page 11 of the Corteva, Inc. interim Consolidated Financial Statements
Note 5 - Restructuring and Asset Related Charges - Net - refer to page 14 of the Corteva, Inc. interim Consolidated Financial Statements
Note 6 - Supplementary Information - refer to page 15 of the Corteva, Inc. interim Consolidated Financial Statements
Note 7 - Income Taxes - refer to page 17 of the Corteva, Inc. interim Consolidated Financial Statements
Note 8 - Earnings Per Share of Common Stock - Not applicable for EIDP
Note 9 - Accounts and Notes Receivable - Net - refer to page 19 of the Corteva, Inc. interim Consolidated Financial Statements
Note 10 - Inventories - refer to page 20 of the Corteva, Inc. interim Consolidated Financial Statements
Note 11 - Goodwill and Other Intangible Assets - refer to page 20 of the Corteva, Inc. interim Consolidated Financial Statements
Note 12 - Short-Term Borrowings, Long-Term Debt and Available Credit Facilities - refer to page 21 of the Corteva, Inc. interim Consolidated Financial Statements. In addition, EIDP has a related party loan payable to Corteva, Inc.; refer to EIDP Note 2 - Related Party Transactions, below
Note 13 - Commitments and Contingent Liabilities - refer to page 23 of the Corteva, Inc. interim Consolidated Financial Statements
Note 14 - Stockholders' Equity - refer to page 30 of the Corteva, Inc. interim Consolidated Financial Statements
Note 15 - Pension Plans and Other Post Employment Benefits - refer to page 32 of the Corteva, Inc. interim Consolidated Financial Statements
Note 16 - Financial Instruments - refer to page 33 of the Corteva, Inc. interim Consolidated Financial Statements
Note 17 - Fair Value Measurements - refer to page 38 of the Corteva, Inc. interim Consolidated Financial Statements
Note 18 - Segment Information - Differences exist between Corteva, Inc. and EIDP; refer to EIDP Note 3 - Segment Information, below
Note 19 - Subsequent Events - refer to page 40 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, EIDP entered into a related party revolving loan from Corteva, Inc., with a maturity date in 2024. As of March 31, 2023, December 31, 2022, and March 31, 2022, the outstanding related party loan balance was $429 million, $789 million, and $1,825 million, respectively (which approximates fair value), with interest rates of 6.52%, 6.52%, and 1.67%, respectively, and is reflected as long-term debt - related party in EIDP's interim Consolidated Balance Sheets. Additionally, EIDP has incurred tax deductible interest expense of $13 million and $9 million for the three months ended March 31, 2023 and 2022, respectively, associated with the related party loan from Corteva, Inc.

As of March 31, 2023, December 31, 2022, and March 31, 2022, EIDP had payables to Corteva, Inc., of $32 million, $31 million and $32 million included in accrued and other current liabilities, respectively, and $115 million, $115 million, and $116 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 24 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 EIDP. In addition, there are no differences between Corteva, Inc. and EIDP segment net sales, segment operating EBITDA, segment assets, or significant items by segment; refer to page 38 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 EIDP.

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,
2023	2022
Income (loss) from continuing operations after income taxes	$	597	$	570
Provision for (benefit from) income taxes on continuing operations	166		119
Income (loss) from continuing operations before income taxes	763		689
Depreciation and amortization	287		307
Interest income	(40)		(15)
Interest expense	44		18
Exchange (gains) losses	36		47
Non-operating (benefits) costs	43		(65)

Mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges	15		36
Significant items (benefit) charge	83		22

Corporate expenses	24		21
Segment operating EBITDA	$	1,255	$	1,060

Previous: Item 5. OTHER INFORMATION