Corteva Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,094	907	735	1,147	1,759
Depreciation & Amortization	1,203	1,227	1,211	1,223	1,243
Loss (Gain) From Sale of Assets	-41	-17	-22	-18	-21
Asset Writedown & Restructuring Costs	146	288	336	363	289
Other Operating Activities	514	-17	335	-238	-1,123
Change in Accounts Receivable	-261	-705	358	-993	-113
Change in Inventory	-35	1,110	57	-1,715	-422
Change in Accounts Payable	231	-115	-663	807	526
Change in Unearned Revenue	270	-86	-11	194	574
Change in Other Net Operating Assets	336	-296	-527	142	57
Operating Cash Flow	3,406	2,145	1,769	872	2,727
Operating Cash Flow Growth	58.79%	21.25%	102.87%	-68.02%	32.12%
Capital Expenditures	-591	-597	-595	-605	-573
Sale of Property, Plant & Equipment	54	5	57	73	75
Cash Acquisitions	-	-	-1,456	-	-
Investment in Securities	115	-21	-33	-61	137
Other Investing Activities	-121	24	40	-39	-1
Investing Cash Flow	-543	-589	-1,987	-632	-362
Short-Term Debt Issued	-	53	-	-	13
Long-Term Debt Issued	1,730	3,072	3,429	1,358	419
Total Debt Issued	1,730	3,125	3,429	1,358	432
Short-Term Debt Repaid	-	-	-6	-13	-
Long-Term Debt Repaid	-1,871	-2,885	-2,309	-1,140	-421
Total Debt Repaid	-1,871	-2,885	-2,315	-1,153	-421
Net Debt Issued (Repaid)	-141	240	1,114	205	11
Issuance of Common Stock	88	60	31	88	100
Repurchase of Common Stock	-1,071	-1,009	-756	-1,000	-950
Common Dividends Paid	-475	-458	-439	-418	-397
Other Financing Activities	-45	-32	-49	-55	-30
Financing Cash Flow	-1,644	-1,199	-99	-1,180	-1,266
Foreign Exchange Rate Adjustments	84	-93	-143	-278	-136
Net Cash Flow	1,303	264	-460	-1,218	963
Free Cash Flow	2,815	1,548	1,174	267	2,154
Free Cash Flow Growth	81.85%	31.86%	339.70%	-87.60%	35.56%
Free Cash Flow Margin	16.18%	9.16%	6.82%	1.53%	13.76%
Free Cash Flow Per Share	4.13	2.22	1.65	0.37	2.90
Cash Interest Paid	191	244	234	75	30
Cash Income Tax Paid	750	707	535	467	341
Levered Free Cash Flow	2,930	2,780	1,217	632.5	3,362
Unlevered Free Cash Flow	3,043	2,926	1,363	681.88	3,381
Change in Working Capital	541	-92	-786	-1,565	622

Source: S&P Global Market Intelligence. Standard template. Financial Sources.