Corteva, Inc. (CTVA)

Corteva Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,421	2,644	3,191	4,459	3,526	1,764
Short-Term Investments	72	98	124	86	269	5
Cash & Short-Term Investments	2,493	2,742	3,315	4,545	3,795	1,769
Cash Growth	5.55%	-17.29%	-27.06%	19.76%	114.53%	-22.24%
Accounts Receivable	5,530	4,356	4,287	3,585	3,939	4,416
Other Receivables	1,150	1,159	1,440	1,250	1,009	1,132
Receivables	6,680	5,515	5,727	4,835	4,948	5,548
Inventory	5,674	6,899	6,811	5,180	4,882	5,032
Prepaid Expenses	-	105	-	-	-	-
Restricted Cash	-	-	-	-	-	409
Other Current Assets	802	999	942	986	1,143	761
Total Current Assets	15,649	16,260	16,795	15,546	14,768	13,519
Property, Plant & Equipment	4,210	4,699	4,714	4,787	4,917	5,101
Long-Term Investments	234	115	102	124	66	66
Goodwill	10,629	10,605	9,962	10,107	10,269	10,229
Other Intangible Assets	9,084	9,626	9,339	10,044	10,747	11,424
Long-Term Accounts Receivable	73	67	64	58	54	49
Long-Term Deferred Tax Assets	564	584	479	438	464	287
Other Long-Term Assets	1,465	1,040	1,163	1,240	1,364	1,722
Total Assets	41,908	42,996	42,618	42,344	42,649	42,397
Accounts Payable	3,753	4,280	4,895	4,126	3,615	3,702
Accrued Expenses	2,139	2,148	2,074	1,921	1,912	1,564
Short-Term Debt	3,240	1	23	15	1	2
Current Portion of Long-Term Debt	500	196	-	1	1	1
Current Portion of Leases	1	132	120	122	139	144
Current Income Taxes Payable	313	174	183	146	123	95
Current Unearned Revenue	429	3,406	3,388	3,201	2,662	2,584
Other Current Liabilities	49	72	61	26	95	146
Total Current Liabilities	10,424	10,409	10,744	9,558	8,548	8,238
Long-Term Debt	1,975	2,290	1,281	1,097	1,098	110
Long-Term Leases	-	356	333	341	395	431
Long-Term Unearned Revenue	115	108	107	120	116	108
Long-Term Deferred Tax Liabilities	496	899	1,119	1,220	893	920
Other Long-Term Liabilities	1,446	1,188	1,238	1,261	1,360	1,658
Total Liabilities	16,929	17,717	17,077	16,721	17,586	17,842
Common Stock	7	7	7	7	7	7
Additional Paid-In Capital	27,518	27,748	27,851	27,751	27,707	27,997
Retained Earnings	98	-41	250	524	-	-425
Comprehensive Income & Other	-2,886	-2,677	-2,806	-2,898	-2,890	-3,270
Total Common Equity	24,737	25,037	25,302	25,384	24,824	24,309
Minority Interest	242	242	239	239	239	246
Shareholders' Equity	24,979	25,279	25,541	25,623	25,063	24,555
Total Liabilities & Equity	41,908	42,996	42,618	42,344	42,649	42,397
Total Debt	5,716	2,975	1,757	1,576	1,634	688
Net Cash (Debt)	-3,117	-233	1,558	2,969	2,161	1,081
Net Cash Growth	-	-	-47.52%	37.39%	99.91%	-
Net Cash Per Share	-4.45	-0.33	2.15	4.00	2.88	1.44
Filing Date Shares Outstanding	687.29	701.78	712.82	727.02	744.06	749.4
Total Common Shares Outstanding	689.17	701.26	713.42	726.53	743.46	748.58
Working Capital	5,225	5,851	6,051	5,988	6,220	5,281
Book Value Per Share	35.89	35.70	35.47	34.94	33.39	32.47
Tangible Book Value	5,024	4,806	6,001	5,233	3,808	2,656
Tangible Book Value Per Share	7.29	6.85	8.41	7.20	5.12	3.55
Land	-	440	416	420	451	459
Buildings	-	1,671	1,541	1,487	1,525	1,508
Machinery	-	6,315	6,077	5,729	5,556	5,323
Construction In Progress	-	530	517	728	721	582

Source: S&P Capital IQ. Standard template. Financial Sources.