7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 
      
    		                               
      operating activities
    		                               
      net income
    		-106,000,000 70,000,000 -582,000,000 -106,000,000 462,000,000 185,000,000 197,000,000 -14,000,000 328,000,000 -117,000,000 265,000,000 4,238,000,000 376,000,000 795,000,000 508,000,000 226,000,000 404,000,000 487,000,000 5,398,000,000 230,000,000 -72,000,000 -2,471,000,000 -610,000,000 188,000,000 377,000,000 -536,000,000 571,000,000 513,000,000 535,000,000 1,803,000,000 1,148,000,000 
      income from discontinued operations
    		-1,163,000,000 -168,000,000 -34,000,000 -45,000,000 -18,000,000 9,000,000 14,000,000 286,000,000 37,000,000                       
      net income from continuing operations
    		1,057,000,000 238,000,000 -548,000,000 -61,000,000 480,000,000 176,000,000 183,000,000 -300,000,000 291,000,000                       
      adjustments to reconcile net income to net cash from operating activities:
    		                               
      depreciation and amortization
    		183,000,000 296,000,000 293,000,000 299,000,000 306,000,000 298,000,000 291,000,000 294,000,000 294,000,000 282,000,000 277,000,000 274,000,000 283,000,000 281,000,000 342,000,000 364,000,000 370,000,000 333,000,000 391,000,000 768,000,000 780,000,000 774,000,000 772,000,000 533,000,000 499,000,000 644,000,000 1,519,000,000 1,468,000,000 1,470,000,000 1,496,000,000 1,484,000,000 
      deferred income tax and other tax related items
    		-83,000,000                               
      earnings of nonconsolidated affiliates in excess of dividends received
    		-12,000,000    -2,000,000 -22,000,000 -7,000,000  8,000,000        -3,000,000 -18,000,000 -20,000,000             
      net periodic pension benefit costs
    		5,000,000 2,000,000 2,000,000  2,000,000                           
      periodic benefit plan contributions
    		-12,000,000 -13,000,000 -14,000,000 -1,000,000 -12,000,000 -19,000,000 -19,000,000 -14,000,000 -14,000,000 -14,000,000 -21,000,000 -28,000,000 -12,000,000 -19,000,000 -20,000,000                 
      net income on sales of assets, businesses and investments
    		                               
      restructuring and asset related charges - net
    		18,000,000 2,000,000 47,000,000 19,000,000 21,000,000 8,000,000 39,000,000 107,000,000 8,000,000 17,000,000 14,000,000 54,000,000 0 0 101,000,000 42,000,000 1,000,000 10,000,000 4,000,000 42,000,000 384,000,000 19,000,000 404,000,000 24,000,000 82,000,000 195,000,000 287,000,000     
      interest rate swap gain
    		  -78,000,000                             
      interest rate swap termination
    		                               
      stock based compensation
    		12,000,000 19,000,000 12,000,000                             
      loss on debt extinguishment
    		   0 0                           
      other net income
    		  -6,000,000  -10,000,000 57,000,000 20,000,000 56,000,000 2,000,000 42,000,000 28,000,000 8,000,000 2,000,000 13,000,000 24,000,000 55,000,000 34,000,000 39,000,000 53,000,000 48,000,000 35,000,000 43,000,000 49,000,000 12,000,000 52,000,000 180,000,000 94,000,000 100,000,000 148,000,000 156,000,000 269,000,000 
      changes in assets and liabilities, net of effects of acquired and divested companies:
    		                               
      accounts and notes receivable
    		-98,000,000 -185,000,000 -79,000,000 38,000,000 -21,000,000 -78,000,000 -74,000,000 102,000,000 14,000,000 38,000,000 48,000,000 151,000,000 -59,000,000 -29,000,000 -254,000,000 144,000,000 -53,000,000 -118,000,000 -228,000,000 175,000,000 22,000,000 245,000,000 -134,000,000 191,000,000 117,000,000 -892,000,000 -1,643,000,000 2,154,000,000 689,000,000 -1,311,000,000 -3,143,000,000 
      inventories
    		23,000,000 -5,000,000 -89,000,000 62,000,000 -24,000,000 -3,000,000 -42,000,000 170,000,000 92,000,000 98,000,000 -133,000,000 119,000,000 -151,000,000 -260,000,000 -277,000,000 -22,000,000 -178,000,000 -163,000,000 -174,000,000 258,000,000 324,000,000 122,000,000 -134,000,000 48,000,000 37,000,000 496,000,000 -194,000,000 -351,000,000 -917,000,000 948,000,000 -1,170,000,000 
      accounts payable
    		90,000,000 -14,000,000 62,000,000 -35,000,000 -12,000,000 40,000,000 84,000,000 -119,000,000 -66,000,000 -73,000,000 -52,000,000 -325,000,000 -23,000,000 -87,000,000 304,000,000 -62,000,000 147,000,000 140,000,000 92,000,000 134,000,000 9,000,000 -202,000,000 236,000,000 -244,000,000 -110,000,000 37,000,000 -732,000,000 -149,000,000 285,000,000 -340,000,000 405,000,000 
      other assets and liabilities
    		88,000,000 24,000,000 -53,000,000 25,000,000 186,000,000 45,000,000 31,000,000 -143,000,000 118,000,000 -196,000,000 -53,000,000 -398,000,000 63,000,000 146,000,000 -287,000,000 -32,000,000 148,000,000 -64,000,000 -27,000,000 -132,000,000 230,000,000 2,000,000 13,000,000 -9,000,000 50,000,000 -830,000,000 -302,000,000 1,478,000,000 -692,000,000 -1,121,000,000 -2,054,000,000 
      cash from operating activities
    		497,000,000 381,000,000 382,000,000 564,000,000 737,000,000 527,000,000 493,000,000 646,000,000 740,000,000 462,000,000 343,000,000 -126,000,000 419,000,000 86,000,000 209,000,000 621,000,000 842,000,000 440,000,000 378,000,000 1,301,000,000 1,274,000,000 802,000,000 718,000,000 578,000,000 882,000,000 -77,000,000 26,000,000 5,101,000,000 -323,000,000 2,090,000,000 -2,137,000,000 
      investing activities
    		                               
      capital expenditures
    		-118,000,000 -116,000,000 -249,000,000 -161,000,000 -109,000,000 -102,000,000 -207,000,000 -145,000,000 -119,000,000 -114,000,000 -241,000,000 -185,000,000 -172,000,000 -135,000,000 -251,000,000 -184,000,000 -208,000,000 -216,000,000 -283,000,000 -272,000,000 -203,000,000 -238,000,000 -481,000,000 -381,000,000 -291,000,000 -661,000,000 -1,139,000,000 -1,279,000,000 -972,000,000 -810,000,000 -776,000,000 
      free cash flows
    		379,000,000 265,000,000 133,000,000 403,000,000 628,000,000 425,000,000 286,000,000 501,000,000 621,000,000 348,000,000 102,000,000 -311,000,000 247,000,000 -49,000,000 -42,000,000 437,000,000 634,000,000 224,000,000 95,000,000 1,029,000,000 1,071,000,000 564,000,000 237,000,000 197,000,000 591,000,000 -738,000,000 -1,113,000,000 3,822,000,000 -1,295,000,000 1,280,000,000 -2,913,000,000 
      acquisitions of property and businesses, net of cash acquired
    		   -1,000,000 -312,000,000   0    0 0 0 5,000,000 -23,000,000 -2,312,000,000 0 -11,000,000 3,000,000 0 0 -73,000,000 -171,000,000    0    
      other investing activities
    		-3,000,000 5,000,000 2,000,000 23,000,000 10,000,000   8,000,000 -6,000,000 5,000,000 -1,000,000 8,000,000 -2,000,000 4,000,000 2,000,000 21,000,000 9,000,000 5,000,000 4,000,000 7,000,000 5,000,000 13,000,000 4,000,000 0 36,000,000 -10,000,000 -5,000,000 32,000,000   -2,000,000 
      cash from investing activities - continuing operations
    		-182,000,000 -111,000,000 -247,000,000 -124,000,000 -423,000,000 -100,000,000 -202,000,000 1,091,000,000 -1,870,000,000                       
      financing activities
    		                               
      proceeds from issuance of long-term debt
    		                   0 6,250,000,000 2,000,000,000 25,000,000 0 0 3,005,000,000 1,000,000,000 14,699,000,000 502,000,000 1,000,000 253,000,000 
      payments on long-term debt
    		   0 0           0 0 -2,000,000,000 -3,000,000,000 -2,002,000,000 -2,000,000 -26,000,000 -1,000,000 -1,000,000 -7,000,000 -6,529,000,000 -363,000,000 -6,613,000,000 -1,554,000,000 -757,000,000 -85,000,000 
      purchases of common stock and forward contracts
    		   0 0 0 -500,000,000                         
      proceeds from issuance of company stock
    		11,000,000 0 4,000,000 7,000,000 25,000,000 13,000,000 5,000,000 5,000,000 10,000,000 0 12,000,000 5,000,000 0 0 83,000,000 5,000,000 2,000,000 18,000,000 90,000,000 23,000,000 0 0 34,000,000 9,000,000 9,000,000 4,000,000 63,000,000 10,000,000 45,000,000 34,000,000 108,000,000 
      employee taxes paid for share-based payment arrangements
    		0 -6,000,000 -16,000,000 -1,000,000 -2,000,000 -7,000,000 -17,000,000 -2,000,000 -1,000,000 2,000,000 -26,000,000 -2,000,000 -2,000,000 -1,000,000 -22,000,000 0 -1,000,000 -10,000,000 -15,000,000 -1,000,000 -1,000,000 -1,000,000 -12,000,000 -1,000,000 -7,000,000 0 -76,000,000 -4,000,000 -6,000,000 -15,000,000 -103,000,000 
      distributions to noncontrolling interests
    		-11,000,000 0 -22,000,000 -2,000,000 -4,000,000 0 -20,000,000 -3,000,000 0 0 -34,000,000 -1,000,000 -15,000,000 -2,000,000 -18,000,000 -7,000,000 -10,000,000 -5,000,000 -19,000,000 -2,000,000 -38,000,000 -4,000,000 -6,000,000 -9,000,000 -6,000,000 -1,000,000 -11,000,000 -112,000,000 -4,000,000 -52,000,000 -27,000,000 
      dividends paid to stockholders
    		-172,000,000 -171,000,000 -172,000,000 -159,000,000 -159,000,000 -158,000,000 -159,000,000 -156,000,000 -165,000,000 -165,000,000 -165,000,000 -152,000,000 -165,000,000 -166,000,000 -169,000,000 -154,000,000 -157,000,000 -158,000,000 -161,000,000 -220,000,000 -220,000,000 -220,000,000 -222,000,000 -222,000,000 -224,000,000 -314,000,000 -851,000,000 -866,000,000 -870,000,000 -875,000,000 -880,000,000 
      qnity financing fees
    		                               
      other financing activities
    		-1,000,000   0 0   1,000,000 -1,000,000   0 0   -27,000,000 1,000,000 0 -3,000,000 0 -44,000,000 -12,000,000 1,000,000 1,000,000 -1,000,000   12,000,000 -2,000,000 1,000,000 -5,000,000 
      cash from financing activities - continuing operations
    		1,545,000,000 -184,000,000 -206,000,000 -176,000,000 -140,000,000 -840,000,000 -691,000,000 -630,000,000 -1,982,000,000                       
      cash flows from discontinued operations
    		                               
      cash from operating activities - discontinued operations
    		                               
      cash from investing activities - discontinued operations
    		       27,000,000 -41,000,000                       
      cash from financing activities - discontinued operations
    		                               
      cash from discontinued operations
    		108,000,000 -41,000,000 -31,000,000 -5,000,000 -30,000,000 -408,000,000 -31,000,000 -70,000,000 -110,000,000                       
      effect of exchange rate changes on cash, cash equivalents and restricted cash
    		-21,000,000 31,000,000 13,000,000 -53,000,000 33,000,000 -17,000,000 -25,000,000 19,000,000 -27,000,000 -22,000,000 -7,000,000 43,000,000 -113,000,000 -53,000,000 -25,000,000 -23,000,000 -21,000,000 9,000,000 -37,000,000 63,000,000 34,000,000 15,000,000 -45,000,000 11,000,000 -50,000,000 -2,000,000 50,000,000 -98,000,000 -75,000,000 -379,000,000 208,000,000 
      increase in cash, cash equivalents and restricted cash
    		               338,000,000 -2,242,000,000 -418,000,000 -4,377,000,000 -1,465,000,000 6,471,000,000 1,987,000,000 205,000,000     6,546,000,000    
      cash, cash equivalents and restricted cash from continuing operations, beginning of period
    		-7,000,000 0 1,892,000,000  0 0 2,803,000,000 0 0 0 3,772,000,000 0 0 0 2,037,000,000 0 0 0 8,767,000,000 0 0 0 1,577,000,000 0 0       
      cash, cash equivalents and restricted cash from discontinued operations, beginning of period
    		           0 0 0 39,000,000 0 0 0 8,000,000     0 0       
      cash, cash equivalents and restricted cash at beginning of period
    		0 0 1,892,000,000  0 0 2,803,000,000 0 0 0 3,772,000,000 0 0 0 2,076,000,000 0 0 0 8,775,000,000 0 0 0 1,577,000,000 0 0 0 14,022,000,000  0 0 14,015,000,000 
      cash, cash equivalents and restricted cash from continuing operations, end of period
    		1,943,000,000 76,000,000 1,803,000,000  177,000,000 -838,000,000 2,347,000,000 1,056,000,000 -3,249,000,000 1,360,000,000 3,636,000,000 1,876,000,000 396,000,000 -234,000,000 1,734,000,000 338,000,000 -2,242,000,000 -418,000,000 4,398,000,000 -1,465,000,000 6,471,000,000 1,987,000,000 1,782,000,000 -570,000,000 446,000,000       
      cash, cash equivalents and restricted cash from discontinued operations, end of period
    		            9,000,000 -10,000,000 39,000,000                 
      cash, cash equivalents and restricted cash at end of period
    		1,947,000,000 76,000,000 1,803,000,000  177,000,000 -838,000,000 2,347,000,000 1,056,000,000 -3,249,000,000 1,360,000,000 3,636,000,000 1,838,000,000 405,000,000 -244,000,000 1,773,000,000 338,000,000 -2,242,000,000 -418,000,000 4,398,000,000 -1,465,000,000 6,471,000,000 1,987,000,000 1,782,000,000 -570,000,000 446,000,000 -10,365,000,000 12,066,000,000  -2,329,000,000 -1,028,000,000 10,833,000,000 
      goodwill impairment charge
    		 0 768,000,000                    533,000,000         
      interest rate swap (gain) loss
    		                               
      other net gain
    		                               
      cash from operations - discontinued operations
    		 -41,000,000 -31,000,000 -5,000,000 -30,000,000 -408,000,000 -31,000,000 -97,000,000 -69,000,000                       
      decrease in cash, cash equivalents and restricted cash
    		 76,000,000 -89,000,000    -456,000,000    -136,000,000  405,000,000           -570,000,000 446,000,000 -10,365,000,000 -1,956,000,000   -1,028,000,000 -3,182,000,000 
      credit for deferred income tax and other tax related items
    		  54,000,000 -76,000,000 -22,000,000 -52,000,000 -13,000,000 -341,000,000 -15,000,000 -16,000,000 -9,000,000 763,000,000 -55,000,000 -670,000,000 -252,000,000 -141,000,000 -25,000,000 -52,000,000 -105,000,000 -211,000,000 -171,000,000 -146,000,000 -164,000,000 -135,000,000        
      earnings of nonconsolidated affiliates less than (in excess of) dividends received
    		  11,000,000         49,000,000 4,000,000 -12,000,000 18,000,000        -31,000,000         
      net gain on sales of assets, businesses and investments
    		    -3,000,000 0 -2,000,000  0           -30,000,000 -419,000,000 4,000,000 -197,000,000 -30,000,000 -64,000,000 -12,000,000 -43,000,000 -28,000,000 2,000,000 -32,000,000 -35,000,000 
      proceeds and adjustments to proceeds from sales of property and businesses, net of cash divested
    		                               
      earnings of nonconsolidated affiliates less than dividends received
    		                       209,000,000 -33,000,000 -34,000,000 767,000,000 -72,000,000 -44,000,000 -175,000,000 374,000,000 
      net periodic pension benefit (credit) cost
    		                      7,000,000  -5,000,000       
      net gain on sales, businesses and investments
    		                               
      interest rate swap loss
    		                               
      other net (income) loss
    		                               
      proceeds from sales of property, businesses, and ownership interests in nonconsolidated affiliates, net of cash divested
    		                   25,000,000            
      purchases of investments
    		       0 0 -15,000,000 -17,000,000 -1,302,000,000 0   0 0 0 -2,001,000,000 0 0 0 -1,000,000 -2,000,000 -3,000,000 -3,000,000 -189,000,000 -251,000,000 -645,000,000 -1,133,000,000 -758,000,000 
      proceeds from sales and maturities of investments
    		       0 0   0    0 0   0 0   9,000,000 5,000,000 16,000,000 212,000,000 446,000,000 628,000,000 952,000,000 1,376,000,000 
      changes in short-term borrowings
    		           -1,287,000,000 626,000,000 257,000,000 254,000,000                 
      proceeds from credit facility
    		           0                    
      repayment of credit facility
    		           0                    
      payment of excise tax on purchase of treasury stock
    		                               
      proceeds from sales of property and businesses, net of cash divested
    		     0 5,000,000      64,000,000 285,000,000 15,000,000  113,000,000 141,000,000 31,000,000   0 427,000,000 40,000,000 112,000,000 1,000,000 125,000,000 98,000,000 8,000,000 63,000,000 33,000,000 
      net periodic benefit costs
    		      2,000,000  8,000,000 7,000,000 8,000,000                     
      net periodic pension benefit cost
    		                -2,000,000 1,000,000 2,000,000 7,000,000 14,000,000      -8,000,000 -27,000,000 29,000,000 25,000,000 31,000,000 
      inventory step-up amortization
    		               0                
      repayments of credit facility
    		                               
      purchases of common stock
    		            -250,000,000 -500,000,000 -375,000,000 -500,000,000 -500,000,000 -643,000,000 -500,000,000 0 0 0 -232,000,000         
      earnings of nonconsolidated affiliates (in excess of) less than dividends received
    		          -10,000,000         33,000,000 -17,000,000           
      net (gain) loss on sales and split-offs of assets, businesses and investments
    		          -19,000,000                     
      cash from investing activities
    		          -259,000,000 9,108,000,000 -95,000,000 139,000,000 -229,000,000 326,000,000 -2,398,000,000 1,931,000,000 -2,260,000,000 -237,000,000 383,000,000 -224,000,000 -124,000,000 -506,000,000 -150,000,000 -657,000,000 -1,000,000,000 -1,023,000,000 -1,049,000,000 -680,000,000 290,000,000 
      cash transferred to iff and subsequent adjustments
    		           0 0 0 -11,000,000                 
      cash from financing activities
    		          -213,000,000 -7,187,000,000 194,000,000 -416,000,000 -258,000,000 -586,000,000 -665,000,000 -2,798,000,000 -2,458,000,000 -2,592,000,000 4,780,000,000 1,394,000,000 -344,000,000 -653,000,000 -236,000,000 -9,629,000,000 -1,032,000,000 2,566,000,000 -882,000,000 -2,059,000,000 -1,543,000,000 
      net gain on sales and split-offs of assets, businesses and investments
    		           -5,030,000,000 -6,000,000 -70,000,000 3,000,000 25,000,000 1,000,000 -136,000,000 -4,982,000,000             
      proceeds from issuance of long-term debt transferred to iff at split-off
    		               0 0 0 1,250,000,000             
      supplemental cash flow information
    		                               
      cash paid during the year for:
    		                               
      interest, net of amounts capitalized
    		                               
      income taxes
    		                               
      net periodic benefit (credit) cost
    		            -3,000,000 -2,000,000 -1,000,000                 
      (decrease) in cash, cash equivalents and restricted cash
    		              -303,000,000                 
      pension contributions
    		               -26,000,000 -14,000,000 -19,000,000 -26,000,000 -21,000,000 -28,000,000 -23,000,000 -26,000,000 -212,000,000 -22,000,000 -310,000,000 -153,000,000 -160,000,000 -2,304,000,000 -122,000,000 -378,000,000 
      goodwill impairment charges
    		                   0 183,000,000   0        
      cash held by dow and corteva at the respective dwdp distributions
    		                               
      debt extinguishment costs
    		                       0 0       
      cash transferred to iff and working capital adjustments
    		                               
      changes in short-term notes payable
    		                    -1,165,000,000 -343,000,000 69,000,000  359,000,000 1,719,000,000 798,000,000 -2,584,000,000 2,007,000,000 604,000,000 196,000,000 
      cash transferred to iff at split-off
    		                0 0 -100,000,000             
      amortization of merger-related inventory step-up
    		                       0 0 48,000,000 205,000,000 134,000,000 109,000,000 682,000,000 703,000,000 
      investment in gas field developments
    		                       0 0 0 -25,000,000 -32,000,000 -36,000,000 -18,000,000 -28,000,000 
      purchases of previously leased assets
    		                               
      proceeds from interests in trade accounts receivable conduits
    		                           0 1,000,000 211,000,000 445,000,000 
      proceeds from sale of ownership interests in nonconsolidated affiliates
    		                       0 0 0 21,000,000     
      cash held by dow and corteva at the respective distributions
    		                       0 0       
      net periodic pension (credit) benefit cost
    		                               
      cash acquired in merger transaction
    		                               
      investments in and loans to nonconsolidated affiliates
    		                           -15,000,000 -9,000,000   
      distributions and loan repayments from nonconsolidated affiliates
    		                           0 0   
      proceeds from sale of common stock
    		                               
      cash reclassified as held for sale
    		                               
      purchases of treasury stock
    		                        -359,000,000 -102,000,000 -1,579,000,000 -1,421,000,000 -1,000,000,000 -1,000,000,000 -1,000,000,000 
      credit for deferred income tax
    		                         -193,000,000 -342,000,000    -33,000,000 
      transaction financing, debt issuance and other costs
    		                          -13,000,000     
      summary
    		                               
      less: restricted cash and cash equivalents, included in "other current assets"
    		                          523,000,000 3,000,000    
      cash and cash equivalents at end of period
    		                          11,543,000,000     
      net (gain) loss on step acquisition of nonconsolidated affiliate
    		                               
      restructuring, goodwill impairment and asset related charges - net
    		                               
      asbestos-related charge
    		                               
      cash acquired in step acquisition of nonconsolidated affiliate
    		                               
      proceeds from sales of ownership interests in nonconsolidated affiliates
    		                               
      proceeds from sales of common stock
    		                               
      purchases of noncontrolling interests
    		                               
      cash, cash equivalents and restricted cash at beginning of year
    		                               
      cash, cash equivalents and restricted cash at end of year
    		                               
      cash and cash equivalents at end of year
    		                               
      provision (credit) for deferred income tax
    		                            71,000,000   
      adjustment to gain on step acquisition of nonconsolidated affiliate
    		                            6,000,000   
      contingent payment for acquisition of businesses
    		                               
      restructuring and asset related charges (credits) - net
    		                             189,000,000 262,000,000 
      net gain on step acquisition of nonconsolidated affiliate
    		                               
      amortization of inventory step-up
    		                               
      construction of assets pending sale / leaseback
    		                               
      proceeds from sale / leaseback of assets
    		                               
      payment into escrow account
    		                               
      distribution from escrow account
    		                               
      effect of exchange rate changes on cash
    		                               
      increase in cash and cash equivalents
    		                               
      cash and cash equivalents at beginning of year
    		                               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.