2. 2
Regulation G
The attached charts include company information that does not conform to generally accepted accounting principles
(GAAP). Management believes that an analysis of this data is meaningful to investors because it provides insight with
respect to ongoing operating results of the company and allows investors to better evaluate the financial results of the
company. These measures should not be viewed as an alternative to GAAP measures of performance. Furthermore,
these measures may not be consistent with similar measures provided by other companies. This data should be read in
conjunction with previously published company reports on Forms 10-K, 10-Q, and 8-K. These reports, along with
reconciliations of non-GAAP measures to GAAP are available on the Investor Center of www.dupont.com under Filings
and Reports – Reconciliations and Other Data. Reconciliations of non-GAAP measures to GAAP are also included with
this presentation.
Forward Looking Statements
During the course of this presentation we may make forward-looking statements or provide forward-looking
information. All statements that address expectations or projections about the future are forward-looking statements.
Some of these statements include words such as “plans,” “expects,” “will,” “anticipates,” "believes," “intends,” and
“estimates.” Although they reflect our current expectations, these statements are not guarantees of future
performance, but involve a number of risks, uncertainties, and assumptions. Some of which include: fluctuations in
energy and raw material prices; failure to develop and market new products and optimally manage product life cycles;
global economic and capital markets conditions; litigation and environmental matters; changes in laws and regulations
or political conditions; business or supply disruptions; ability to protect and enforce the company’s intellectual property
rights successful integration of acquired business and separation of underperforming or non-strategic assets; and
successful completion of the proposed spinoff of the Performance Chemicals segment including ability to fully realize
the expected benefits of the proposed spinoff. The company does not undertake to update any forward-looking
statements as a result of future developments or new information.
Developing Markets
Total developing markets is comprised of Developing Asia, Developing Europe, Middle East & Africa, and Latin America.
A detailed list of all developing countries is available on the Earnings News Release link on the Investor Center website
at www.dupont.com.
2
3. 3
$ in millions, except EPS
2Q 2014 Financial Highlights*
* Amounts reflect continuing operations
** See appendix for reconciliations of Non-GAAP Measures
2Q14 vs. 2Q13 YTD14 vs. ‘13
EPS*
Operating earnings** $1.17 (9%) $2.75 (3%)
GAAP earnings $1.15 5% $2.70 5%
Segment Operating Earnings** $1,770 (5%) $4,018 (3%)
2Q14 vs. 2Q13 YTD14 vs. ‘13
Consolidated Net Sales* $9,706 (1%) $19,834 (2%)
Volume - (1%)
Local Prices - -
Currency Impact - -
Portfolio (1%) (1%)
4. 4
2Q 2014 Segment Operating Earnings* Variance
Key
Takeaways
Nutrition & Health earnings up 72% on broad based volume gains, operating margins
+400bps
Safety & Protection earnings up 22% on higher margins and improved volumes
Industrial Biosciences earnings up 37% on mix enrichment, higher margins, improved
volumes
Performance Materials volume growth in auto product lines offset by scheduled shut down
in Orange, TX facility
Agriculture earnings declined due to lower corn seed volumes impacted by reductions in
corn planted area and higher seed inventory write-downs
* See appendix for details of significant items and reconciliation of Non-GAAP Measures
$1,857
Segment
Operating
Earnings*
($105)($17)$44
($27)
($29)($6)$37 $16
$1,770
Segment
Operating
Earnings*
2Q13 N&H S&P IB E&C Perf Mtls Perf Chem Ag Other 2Q14
5. 5
Global Sales – Regional Highlights
2Q 2014 Sales YOY % CHG2Q 2014 Sales by Region
U.S. & Canada
47%
Developing
EMEA
6%
Developed
EMEA
16%
Developing
Asia
13%
Developed
Asia
9%
Latin America
9%
Region %
Worldwide -1%
U.S. & Canada -3%
Developed EMEA +5%
Developed Asia -5%
Developing Markets -1%
Developing Asia +3%
Developing EMEA -5%
Latin America -4%
6. 6
2Q 2014 Operating EPS* Variance
* See appendix for details of significant items and reconciliation of Non-GAAP Measures
Key
Takeaways
Net after-tax exchange losses (EGL) reflect increased currency rate volatility, principally
in emerging markets, coupled with higher costs associated with the Company’s
currency hedging program and currency devaluation in Ukraine
The base tax rate was 23.3%* compared to 24.1%* in the prior year; anticipate full year
base tax rate of about 22%
$1.28
Operating*
EPS
($0.07)$0.01$0.01
($0.08)
$0.02
$1.17
Operating*
EPS
2Q 2013 Corporate &
Interest Exp
Taxes Lower shares Segment
results
Exchange Gains
(Losses)
2Q 2014
7. 7
Balance Sheet and Cash
June 30, 2014
Free Cash Flow
• ~$.6B improvement YOY
• Lower tax payments associated with the
2013 sale of Performance Coatings
Balance Sheet
• $7.5B net debt**
• $1.7B maturing debt retired YTD
• $1.1B in share repurchases – about 17
million shares
Use of Cash for remainder of 2014
• Expect $0.9B share repurchase
• Dividends
• CapEx spend est. $1.9B FY 2014
• Continued growth investments; in line with
strategy
* Free Cash Flow is cash used by operating activities of ($2,071MM) and ($2,631MM) less purchases of plant, property
and equipment of $781MM and $757MM for the six months ended June 30, 2014 and 2013, respectively.
** See appendix for reconciliation of Non-GAAP measures.
Free Cash Flow*
-3.0
-2.0
-1.0
0.0
YTD 13 YTD 14
$Billions
0
4
8
12
16
Dec-12 Mar-13 Jun-13 Sep-13 Dec-13 Mar-14 Jun-14
$Billions
Gross Debt Cash Net Debt**
Cash and Debt
8. 8
Other Financial Highlights
• Redesign initiative with cost reduction of at least $1B
launched in the quarter
• On track to complete Performance Chemicals separation
in mid 2015
• Announced 4% ($.02/share) increase in the third quarter
dividend on common shares. Third dividend increase in
27 months.
• 2014 Full Year Operating EPS* outlook reaffirmed
$4.00 - $4.10 per share
* See appendix for details of significant items and reconciliation of Non-GAAP Measures
9. 9
Nutrition & Health
0.0
0.2
0.4
0.6
0.8
1.0
2Q12 2Q13 2Q14
$inBillions
2Q Sales *
2Q Comments
Sales were 7% higher primarily due to broad based
volume growth aided by improved mix
Operating earnings of $105 million increased 72% from
higher sales, lower raw material costs, productivity gains
and absence of one-time costs in prior year
Operating margin improved by over 400 basis points
2Q Operating Earnings **
2Q12 2Q13 2Q14
0%
3%
6%
9%
12%
0
20
40
60
80
100
120
Margin
$inMillions
3Q Outlook
Expect modest sales growth from continued broad
based volume gains
Operating earnings are expected to be significantly
higher due to higher sales, mix enrichment and
productivity, partially offset by growth investments
Operating margins are expected to continue to show
year over year improvement
* Segment sales include transfers.
** See appendix for reconciliation of non-GAAP measures.
10. 10
Industrial Biosciences
2Q12 2Q13 2Q14
0%
4%
8%
12%
16%
20%
0
10
20
30
40
50
60
Margin
$inMillions
2Q Operating Earnings **
2Q Sales *
2Q Comments
Sales up 4% on higher prices due to mix enrichment,
continued strong demand for enzymes used in ethanol
production
Earnings up 37% on mix enrichment, higher margins and
improved volumes
Bioactive sales up mid-single digits on strong enzyme
demand in animal nutrition and food applications
Operating earnings of $59 million, operating margin up
450 bps.
3Q Outlook
3Q sales up modestly on continued enzyme demand for
ethanol production
Enzyme demand in animal nutrition, detergents, and food
enzyme markets supporting ongoing sales growth
3Q operating earnings up substantially on higher volumes
and improved operating margins
0.0
0.1
0.2
0.3
0.4
2Q12 2Q13 2Q14
$inBillions
* Segment sales include transfers.
** See appendix for reconciliation of non-GAAP measures.
11. 11
Safety & Protection
Protection Technologies (DPT), Building Innovations (BI), Sustainable Solutions (DSS)
0.0
0.2
0.4
0.6
0.8
1.0
1.2
2Q12 2Q13 2Q14
$inBillions
3Q Outlook
Sales up modestly reflecting continuing demand
growth in global industrial markets
Demand improvement led by Asia and North America
3Q operating earnings up about 20% driven by higher
operating margins and sustained operational
productivity
0%
5%
10%
15%
20%
25%
0
50
100
150
200
250
2Q12 2Q13 2Q14
Margin
$inMillions
2Q Sales *
2Q Operating Earnings **
2Q Comments
Sales up 1% due to higher volumes from industrial
markets
Improved sales for Nomex® thermal resistant and
Kevlar® high strength materials in industrial markets
partially offset by lower sales from Clean Technologies
offerings
Operating margins up over 300 basis points
Operating earnings up 22% due to higher margins,
improved volume and sustained productivity gains
* Segment sales include transfers.
** See schedule C in the earnings news release for reconciliation of
non-GAAP measures.
* Segment sales include transfers.
** See appendix for reconciliation of non-GAAP measures.
12. 12
Electronics & Communications
0%
4%
8%
12%
16%
0
25
50
75
100
125
2Q12 2Q13 2Q14
Margin
$inMillions
0.0
0.2
0.4
0.6
0.8
1.0
2Q12 2Q13 2Q14
$inBillions
2Q Sales *
2Q Operating Earnings **
3Q Outlook
Continue to expect global photovoltaic module
installations to be up for the year with mid-teens growth
rates
Expect strong 2H in PV driven by installations in China and
good demand in consumer electronics markets
3Q sales are expected to be slightly higher with operating
earnings slightly lower due to a decrease in other income
2Q Comments
Sales were essentially flat excluding the impact of lower
metals price pass through
Volume growth in most product lines, led by gains in
consumer electronics, was offset by lower price due to
metals, product mix and competitive pressures
Operating earnings declined $6 million as volume growth
and productivity gains were more than offset by the absence
of $20 million of OLED licensing income realized during the
second quarter of 2013
Excluding the impact of last year’s licensing income,
operating earnings increased 19%
* Segment sales include transfers.
** See appendix for reconciliation of non-GAAP measures.
13. 13
Performance Materials***
Performance Polymers (DPP), Packaging & Industrial Polymers (P&IP)
0%
5%
10%
15%
20%
25%
0
75
150
225
300
375
2Q12 2Q13 2Q14
$inMillions
0.0
0.4
0.8
1.2
1.6
2.0
2Q12 2Q13 2Q14
$inBillions
2Q Sales *
2Q Operating Earnings **
2Q Comments
Sales down 2% due to lower volumes resulting from the
scheduled ethylene outage and portfolio impact of the
GLS/Vinyls sale
Demand for Performance Polymers up mid-single digits
due to strengthening automotive market
Demand environment in consumer, construction, and
food packaging markets remains stable
Operating earnings down 9% as higher sales in
automotive were more than offset by reduced supply of
ethylene and the portfolio impact of the GLS/Vinyls sale
Margin
* Segment sales include transfers.
** See appendix for reconciliation of non-GAAP measures.
*** Prior periods reflect reclassification of Viton® fluoroelastomers from Performance Materials to Performance Chemicals
3Q Outlook
3Q sales essentially flat due to the GLS/Vinyls sale
Consumer, construction, and food packaging volumes
forecasted to remain stable
Automotive volumes anticipated to remain strong led by
China and Europe
3Q operating earnings up modestly versus prior year which
included a $30 million benefit related to a JV equity
position
14. 14
Performance Chemicals***
Titanium Technologies (DTT), Chemicals & Fluoroproducts (DC&F)
2Q Sales *
2Q Operating Earnings **
0.0
0.5
1.0
1.5
2.0
2Q12 2Q13 2Q14
$inBillions
0%
6%
12%
18%
24%
30%
36%
0
100
200
300
400
500
600
700
2Q12 2Q13 2Q14
Margin
$inMillions
3Q Outlook
3Q sales essentially flat
Industrial Chemicals, Fluoropolymers and Opteon® yf
refrigerant volumes forecasted higher
Ti02 industry environment remains stable, moderately
lower ore costs anticipated
3Q operating earnings up moderately on improved volumes
and margins
* Segment sales include transfers.
** See appendix for reconciliation of non-GAAP measures
*** Prior periods reflect reclassification of Viton® fluoroelastomers from Performance Materials to Performance Chemicals
2Q Comments
Sales of $1.7 billion were down 8% due primarily to a
portfolio change and lower prices
Lower refrigerant prices, principally R22 and 134a,
impacted operating earnings
Ti02 volumes were up slightly and prices were down about
3% from the prior year
Operating earnings down 6% primarily due to lower
segment prices
15. 15
Agriculture
Pioneer, Crop Protection
0.0
1.0
2.0
3.0
4.0
5.0
2Q12 2Q13 2Q14
$inBillions
2Q Operating Earnings **
2Q Sales *
2Q12 2Q13 2Q14
0%
5%
10%
15%
20%
25%
30%
0
250
500
750
1,000
1,250
1,500
Margin
$inMillions
2H Outlook
2H sales expected to be modestly higher with operating earnings
substantially higher
Growth in insecticide volumes aided by new product
launches of Cyazypyr® insecticide and Dermacor™ seed
treatment in Brazil
Lower Brazil summer corn seed volumes and price
4Q seed shipments for the 2015 Brazil Safrinha and
northern hemisphere seasons similar to the prior year
Expect a similar 3Q loss as the prior year followed by a stronger 4Q
2Q and 1H Comments
Supply driven impacts on commodity prices led to reductions in
corn planted area in the North America and Brazil Safrinha seasons
2Q sales flat as higher seed prices and higher insecticide and
soybean seed volumes were offset by lower corn seed and
herbicide volumes
2Q operating earnings 11% lower as higher seed prices and lower
seed input costs were more than offset by lower overall volumes
and higher seed inventory write-downs
1H sales were 4% lower as higher seed prices and higher crop
protection volumes were more than offset by lower corn seed
volumes. 1H operating earnings were 7% lower.
$100 million of operating earnings were realized in 4Q
2013 versus the 1Q due to earlier seed shipments
* Segment sales include transfers.
** See appendix for reconciliation of non-GAAP measures.
17. 17
This data should be read in conjunction with the Company’s second quarter earnings news release dated
July 22, 2014 and DuPont’s 2Q 2014 Earnings Conference Call presentation materials and reconciliations of
non-GAAP to GAAP measures included in the presentation materials and posted on the DuPont Investor
Center website at www.dupont.com.
Nutrition & Health
Nutrition & Health, recorded a strong second quarter, building on momentum established in the third quarter
of 2013. Sales were 7 percent higher, primarily due to broad based volume growth aided by improved product
mix. We saw a strong recovery in Enablers and sustained momentum for probiotics and cultures. Volume grew
in all regions and we continue to grow in emerging markets. Operating earnings of $105 million increased 72
percent from higher sales, lower raw material costs, productivity gains and the absence of one-time costs in the
prior year. Operating margins for the quarter improved by over 400 basis points. This was the fourth
consecutive quarter of year-over-year operating margin improvement.
In the third quarter, we expect modest sales growth from continued broad based volume gains. Operating
earnings are expected to be significantly higher due to increased sales, mix enrichment and continuing
productivity actions. We will continue to make strategic investments in research, application development and
customer facing resources to drive future growth. Operating margins are expected to continue the trend of
year over year improvement.
Segment Commentary – Second Quarter Earnings 2014
18. 18
Industrial Biosciences
Industrial Biosciences sales of $317 million were 4 percent higher on higher prices due to mix enrichment,
improved margins and higher volumes. Continued strong enzyme demand for ethanol production was partially
offset by lower sales of Sorona® polymer due to lower existing home sales. Strong sales of Axtra® PHY in
animal nutrition markets paired with healthy food enzyme demand also increased volumes and margins.
Operating earnings of $59 million were up 37 percent, primarily driven by mix enrichment, improved margins
associated with new products, and volumes in biorefineries and bioactives. For the first half, segment
operating earnings were up 37% and operating margins are up 440 basis points from the prior year.
Favorable industry fundamentals for ethanol are driving increased enzyme demand as ethanol margins are
attractive and production is near capacity. Enzyme volumes in the grain ethanol market are also being driven
by the roll out of DuPont’s Total Performance System (TPS) using novel enzymes and other functional bio-
products designed to increase customer earnings through increased production rates, yield, and efficiency.
Since introduction in late 2013, TPS has been adopted across a diverse set of ethanol production plants.
Further adoptions are planned. We are implementing TPS as our standard offering for the industry, with next-
generation versions already in preparation for launch.
For the third quarter, we expect modest sales growth aided by continued enzyme demand for ethanol
production and stronger forecasted sales of Sorona®. Third quarter operating earnings are expected to be up
substantially driven primarily by higher volumes and improved margins.
Segment Commentary – Second Quarter Earnings 2014
19. 19
Safety & Protection
Sales of $1,029 million were up 1 percent on higher volumes in industrial markets. Improved Nomex® thermal
resistant and Kevlar® high strength materials demand was partially offset by lower sales from Clean Technologies
offerings, as fewer sulfuric acid recovery plants were built.
Kevlar® demand growth was driven by increased sales into law enforcement, transportation and wire & cable
sectors while Nomex demand improved in energy solution and thermal industrial applications. Regionally, sales
volume growth was most notable in Europe and in Asia Pacific, partially offset by lower prices.
Second quarter segment operating earnings of $209 million increased 22 percent and operating margins
increased over 300 basis points. Segment operating earnings are benefiting from improved margins, increased
demand from industrial markets and continued benefits from cost productivity initiatives coupled with improved
plant operating results.
For the third quarter, sales are anticipated to be up modestly reflecting improved industrial demand, and
operating earnings will be up about 20 percent, driven by higher operating margins and sustained operational
productivity.
Segment Commentary – Second Quarter Earnings 2014
20. 20
Electronics & Communications
Electronics & Communications sales were essentially flat excluding the impact of lower metals price pass
through. Volume growth in most product lines, led by gains in consumer electronics, was offset by lower price
due to metals, product mix and competitive pressures. Operating earnings declined $6 million as volume
growth and productivity gains were more than offset by the absence of $20 million of OLED licensing income
realized during the second quarter of 2013. Excluding the impact of last year’s licensing income, operating
earnings increased 19 percent.
Looking ahead to the third quarter, we continue to expect global photovoltaic module installations to be up for
the year with mid-teens growth rates. We expect a strong 2H in photovoltaics driven by installations in China
and good demand for our products in consumer electronics markets. Third quarter sales are expected to be
slightly higher with operating earnings slightly lower due to a decrease in other income.
Segment Commentary – Second Quarter Earnings 2014
21. 21
Performance Materials
Sales of approximately $1.6 billion were down 2 percent principally due to the scheduled outage at the Orange,
Texas ethylene unit and portfolio changes. Volumes in Performance Polymers were up mid-single digits fueled by
strong automotive demand in China, Europe and North America. The demand environment in consumer,
construction and food packaging markets remains stable. Demand for high performance parts, principally
Kalrez® and Vespel® for electronics, oil and gas, and aerospace applications was up about 10 percent.
Segment operating earnings were $303 million or 9 percent below last year as lower sales volume resulting from
the scheduled ethylene outage was partially offset by sales gains in Performance Polymers.
In the third quarter, we anticipate sales will be essentially flat versus the prior year as the impact of portfolio
changes; principally the Glass Laminating/Vinyls sale in the second quarter offsets anticipated volume growth in
Performance Polymers. We expect operating earnings will be up modestly from the prior year, which included a
$30 million dollar benefit from a joint venture equity position.
Segment Commentary – Second Quarter Earnings 2014
22. 22
Segment Commentary – Second Quarter Earnings 2014
Performance Chemicals
Segment sales of approximately $1.7 billion were down 8 percent due to a portfolio change and lower prices.
Slightly higher Ti02 volumes were more than offset by lower volumes in Chemicals and Fluoroproducts.
Second quarter refrigerant prices for mobile and stationary applications were lower than expected as prices for
R22 have not recovered from the prior year following the increase in production allocations granted by the U.
S. Environmental Protection Agency. In addition, HFC prices, principally 134a, were under pressure due to
heavy imports. Demand for Opteon® yf for mobile air conditioning continues to grow. In 2014, we anticipate
sales will double to reach approximately $100 million as automotive OEMs increase their rate of adoption of
this new product.
In Ti02, volumes were up slightly from the prior year, marking six consecutive quarters of year over year volume
growth. Ti02 prices were essentially flat sequentially but down about 3% on a year over year basis. We believe
our customer’s inventory levels are stable and producer levels remain essentially unchanged.
In the third quarter, we anticipate sales will be essentially flat and operating earnings up moderately on higher
volumes and improved operating margins.
23. 23
Segment Commentary – Second Quarter Earnings 2014
Agriculture
In Agriculture, second quarter results finished in-line with the update we provided in late June. Supply-driven
impacts on commodity prices led to reductions in corn planted area in the North America and Brazil Safrinha
seasons. Second quarter sales were essentially flat as higher seed prices and higher insecticide and soybean
seed volumes were offset by lower corn seed and herbicide volumes. Operating earnings for the quarter were
11 percent lower as higher seed prices and lower seed input costs were more than offset by lower overall
volumes and higher seed inventory write-downs.
For the first half, which encompasses the majority of the northern hemisphere season and the completion of
Brazil’s Safrinha season, segment sales were 4 percent lower.
Crop protection sales grew 4 percent in the first half driven by strong demand for insecticides in Latin America
due to heavy insect pressure and the excellent performance of Rynaxypyr® insecticide. This was partially offset
by lower herbicide volumes in North America and Europe. Herbicide volumes were negatively impacted by a
wet spring, a delayed and compressed application season, and distributor de-stocking of elevated inventory
levels.
In seeds, first half sales were 6 percent lower. The first half comparison was negatively impacted by the earlier
timing of seed shipments which caused about $100 million of operating earnings to be realized in the fourth
quarter of 2013 rather than the first quarter this year. Higher prices and higher soybean volumes in North
(continued)
24. 24
Segment Commentary – Second Quarter Earnings 2014
(continued)
America were more than offset by the decline in corn seed volumes. Price gains were achieved in North
America due to improved product mix as Optimum® AQUAmax® hybrids were planted on over 10 million acres
and Optimum® AcreMax® products represented about two-thirds of our corn sales volume in North America.
First half operating earnings for the segment were 7 percent lower as lower seed input costs were more than
offset by lower sales and higher seed inventory write-downs.
As we turn to the second half, we expect sales to be modestly higher with operating earnings substantially
higher for the Agriculture segment. Rynaxypyr® is expected to continue to drive growth in insect control
aided by new launches of Cyazypyr® and Lumigen™ seed treatments, including Dermacor™ for use on
soybeans in Brazil. In seeds, we expect lower corn sales in Brazil’s summer season as growers continue to shift
hectares from corn to soybeans. Corn seed price in Brazil is expected to be modestly lower reflecting the
impact of fall armyworm resistance to the Herculex® 1 trait. Herculex® 1 combined with leading Pioneer
germplasm continues to offer control of a broad spectrum of pests. We also expect early seed shipments for
the 2015 Brazil Safrinha and northern hemisphere seasons to be similar to the prior year.
While the cutoff between third quarter and fourth quarter sales comes at an important time in the Latin
America season, we expect the third quarter to result in a similar loss as last year followed by a stronger
fourth quarter. In addition, the third quarter comparison will be impacted by the absence of a $26 million
equity re-measurement gain from the acquisition of Pannar which was recorded in the prior year.
Herculex® is a registered trademark of Dow AgroSciences LLC
26. INDEX PAGE
SELECTED OPERATING RESULTS 27
SELECTED INCOME STATEMENT DATA 28
SEGMENT SALES 29
SEGMENT PRETAX OPERATING INCOME 30
SEGMENT OPERATING EARNINGS 31
SIGNIFICANT ITEMS BY SEGMENT - PRETAX OPERATING INCOME 32
RECONCILIATION OF NON-GAAP MEASURES 33-35
Note: Management believes that an analysis of operating earnings (as defined on page 27), a "non-GAAP" measure, is meaningful to investors because it provides insight with respect to ongoing operating results
of the company. Such measurements are not recognized in accordance with generally accepted accounting principles (GAAP) and should not be viewed as an alternative to GAAP measures of performance.
E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES
QUARTERLY SUPPLEMENTAL FINANCIAL DATA AND NON-GAAP RECONCILIATIONS
(UNAUDITED)
JUNE 30, 2014
2Q14 Supplemental Financial Data and Non-GAAP Reconciliations 7/22/2014
27. E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES
Year Year Year Year
2014 2Q14 1Q14 2013 4Q13 3Q13 2Q13 1Q13 2012 4Q12 3Q12 2Q12 1Q12 2011 4Q11 3Q11 2Q11 1Q11
INCOME STATEMENT DATA
Consolidated Net Sales 19,834 9,706 10,128 35,734 7,747 7,735 9,844 10,408 34,812 7,325 7,390 9,917 10,180 33,681 7,343 8,138 9,159 9,041
Operating Earnings After Income Taxes (1) 2,557 1,085 1,472 3,632 558 426 1,189 1,459 3,566 193 405 1,421 1,547 3,790 346 684 1,318 1,442
Significant Items - After-tax (4) 8 (12) (423) (294) (71) (78) 20 (680) (91) (342) (215) (32) (237) 47 (203) (81) -
Non-Operating Pension & OPEB Costs - After-tax (44) (23) (21) (360) (81) (95) (85) (99) (439) (99) (106) (116) (118) (361) (90) (91) (90) (90)
Income from Continuing Operations After Income Taxes
Attributable to DuPont 2,509 1,070 1,439 2,849 183 260 1,026 1,380 2,447 3 (43) 1,090 1,397 3,192 303 390 1,147 1,352
Depreciation 635 323 312 1,280 319 317 317 327 1,319 328 331 332 328 1,199 318 316 292 273
STATEMENT OF CASH FLOW DATA (2)
Cash Provided by (Used for) Operating Activities (2,071) 350 (2,421) 3,179 5,512 298 36 (2,667) 4,849 5,275 691 760 (1,877) 5,152 4,721 1,075 840 (1,484)
Capital Expenditures (3) 804 462 342 1,940 674 478 449 339 1,890 720 460 407 303 1,910 664 478 433 335
(1) Operating earnings are defined as earnings from continuing operations (GAAP) excluding “significant items” and “non-operating pension and other post-employment benefit (OPEB) costs”.
(2) Data is on a total company basis.
(3) Includes purchases of property, plant and equipment and investment in affiliates.
Note: The data above provides a historical display of Selected Income Statement Data included in our Quarterly Earnings
Release financials. See Quarterly Earnings Release financials for full details, including details on "Significant Items".
SELECTED OPERATING RESULTS (UNAUDITED)
(dollars in millions)
2Q14 Supplemental Financial Data and Non-GAAP Reconciliations 27 7/22/2014
28. E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES
Year Year Year Year
2014 2Q14 1Q14 2013 4Q13 3Q13 2Q13 1Q13 2012 4Q12 3Q12 2Q12 1Q12 2011 4Q11 3Q11 2Q11 1Q11
Consolidated Net Sales 19,834 9,706 10,128 35,734 7,747 7,735 9,844 10,408 34,812 7,325 7,390 9,917 10,180 33,681 7,343 8,138 9,159 9,041
Segment Sales 19,992 9,783 10,209 36,046 7,814 7,813 9,925 10,494 35,194 7,397 7,480 10,022 10,295 34,087 7,444 8,236 9,263 9,144
Segment Operating Earnings (1) 4,018 1,770 2,248 5,925 939 853 1,857 2,276 6,251 616 921 2,241 2,473 6,292 820 1,215 2,074 2,183
Adjusted EBIT (Operating Earnings) (1) (2) 3,474 1,529 1,945 5,021 675 587 1,693 2,066 5,147 346 614 2,058 2,129 5,293 637 1,019 1,826 1,811
Adjusted EBITDA (Operating Earnings) (1) (2) 4,354 1,972 2,382 6,624 1,062 966 2,097 2,499 6,778 740 1,007 2,475 2,556 6,744 1,030 1,386 2,182 2,146
Operating Earnings Before Income Taxes (1) 3,287 1,439 1,848 4,587 567 482 1,582 1,956 4,708 230 501 1,950 2,027 4,886 524 914 1,724 1,724
Operating Earnings Per Share (1) (3) 2.75 1.17 1.58 3.88 0.59 0.45 1.28 1.56 3.77 0.20 0.43 1.50 1.64 4.02 0.37 0.72 1.39 1.53
(1) See Reconciliation of Non-GAAP Measures.
(2) Adjusted EBIT from operating earnings is operating earnings (as defined on page 27) before income taxes, net income attributable to noncontrolling interests and interest expense.
Adjusted EBITDA from operating earnings is adjusted EBIT from operating earnings before depreciation and amortization of intangible assets.
(3) Earnings per share for the year may not equal the sum of quarterly earnings per share due to changes in average share calculations.
Note:
SELECTED INCOME STATEMENT DATA
OPERATING EARNINGS (UNAUDITED)
(dollars in millions, except per share)
The data above provides a historical display of Selected Income Statement Data included in our Quarterly Earnings Release financials. See Quarterly Earnings Release financials for
full details, including details on "Significant Items".
2Q14 Supplemental Financial Data and Non-GAAP Reconciliations 28 7/22/2014
29. E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES
Year Year Year Year
2014 2Q14 1Q14 2013 4Q13 3Q13 2Q13 1Q13 2012 4Q12 3Q12 2Q12 1Q12 2011 4Q11 3Q11 2Q11 1Q11
Agriculture 8,009 3,615 4,394 11,739 1,806 1,633 3,631 4,669 10,426 1,535 1,423 3,388 4,080 9,166 1,297 1,368 2,997 3,504
Electronics & Communications 1,197 617 580 2,549 642 638 653 616 2,701 622 607 795 677 3,173 630 841 891 811
Industrial Biosciences 618 317 301 1,224 326 305 304 289 1,180 300 292 300 288 705 289 293 123 -
Nutrition & Health 1,787 926 861 3,473 872 868 865 868 3,422 853 876 885 808 2,460 806 844 486 324
Performance Chemicals(1)
3,287 1,696 1,591 6,932 1,671 1,781 1,837 1,643 7,450 1,644 1,794 2,043 1,969 8,055 1,923 2,209 2,065 1,858
Performance Materials(1)
3,116 1,582 1,534 6,239 1,521 1,602 1,615 1,501 6,185 1,478 1,552 1,624 1,531 6,554 1,555 1,678 1,675 1,646
Safety & Protection 1,976 1,029 947 3,884 975 985 1,017 907 3,825 964 934 986 941 3,934 943 1,001 1,025 965
Other 2 1 1 6 1 1 3 1 5 1 2 1 1 40 1 2 1 36
Total Segment Sales 19,992 9,783 10,209 36,046 7,814 7,813 9,925 10,494 35,194 7,397 7,480 10,022 10,295 34,087 7,444 8,236 9,263 9,144
Elimination of Transfers (158) (77) (81) (312) (67) (78) (81) (86) (382) (72) (90) (105) (115) (406) (101) (98) (104) (103)
CONSOLIDATED NET SALES 19,834 9,706 10,128 35,734 7,747 7,735 9,844 10,408 34,812 7,325 7,390 9,917 10,180 33,681 7,343 8,138 9,159 9,041
(1) Prior periods reflect the reclassifications of Viton®
fluoroelastomers from Performance Materials to Performance Chemicals.
Note: The data above provides a historical display of selected data included in our Quarterly Earnings Release financials.
SEGMENT SALES
SEGMENT SALES (UNAUDITED)
(dollars in millions)
2Q14 Supplemental Financial Data and Non-GAAP Reconciliations 29 7/22/2014
30. E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES
Year Year Year Year
2014 2Q14 1Q14 2013 4Q13 3Q13 2Q13 1Q13 2012 4Q12 3Q12 2Q12 1Q12 2011 4Q11 3Q11 2Q11 1Q11
Agriculture 2,231 789 1,442 2,132 (108) (102) 861 1,481 1,669 (103) (198) 682 1,288 1,566 (222) (184) 843 1,129
Electronics & Communications 96 21 75 203 (38) 97 95 49 222 41 (99) 221 59 438 61 120 126 131
Industrial Biosciences 113 57 56 170 41 45 43 41 159 41 37 42 39 2 34 (26) (6) -
Nutrition & Health 190 97 93 305 87 81 61 76 270 22 64 105 79 76 54 (20) 14 28
Performance Chemicals(1)
438 232 206 941 228 189 268 256 1,826 210 417 613 586 2,162 496 651 571 444
Performance Materials
(1)
958 665 293 1,264 278 367 332 287 1,073 263 223 325 262 1,031 209 251 270 301
Safety & Protection 353 178 175 694 213 171 172 138 562 130 92 181 159 661 131 162 184 184
Other (176) (84) (92) (340) (91) (107) (55) (87) (412) (80) (75) (208) (49) (55) (11) (32) 22 (34)
TOTAL SEGMENT PRETAX OPERATING INCOME 4,203 1,955 2,248 5,369 610 741 1,777 2,241 5,369 524 461 1,961 2,423 5,881 752 922 2,024 2,183
Net Exchange (Losses) Gains (205) (109) (96) (128) (73) (101) 35 11 (215) (54) (130) 50 (81) (146) (14) 6 3 (141)
Non-Operating Pension & OPEBs Costs (64) (34) (30) (539) (124) (142) (126) (147) (654) (147) (157) (174) (176) (540) (135) (135) (135) (135)
Corporate Expenses (495) (278) (217) (765) (183) (162) (206) (214) (948) (240) (233) (224) (251) (869) (166) (194) (291) (218)
Interest Expense (197) (94) (103) (448) (108) (108) (115) (117) (464) (117) (116) (117) (114) (447) (116) (116) (115) (100)
INCOME (LOSS) FROM CONTINUING OPERATIONS
BEFORE INCOME TAXES 3,242 1,440 1,802 3,489 122 228 1,365 1,774 3,088 (34) (175) 1,496 1,801 3,879 321 483 1,486 1,589
(723) (366) (357) (626) 61 35 (335) (387) (616) 38 135 (397) (392) (647) (15) (82) (326) (224)
INCOME (LOSS) FROM CONTINUING OPERATIONS
AFTER INCOME TAXES 2,519 1,074 1,445 2,863 183 263 1,030 1,387 2,472 4 (40) 1,099 1,409 3,232 306 401 1,160 1,365
(1) Prior periods reflect the reclassifications of Viton®
fluoroelastomers from Performance Materials to Performance Chemicals.
Note: The data above provides a historical display of selected data included in our Quarterly Earnings Release financials.
SEGMENT PRETAX OPERATING INCOME (LOSS)
INCOME FROM CONTINUING OPERATIONS (UNAUDITED)
(dollars in millions)
(Provision For) Benefit From Income Taxes
on Continuing Operations
2Q14 Supplemental Financial Data and Non-GAAP Reconciliations 30 7/22/2014
36. E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES
2014 2013 2014 2013 2014 Outlook1
2013 Actual
Effective income tax rate 25.4% 24.5% 22.3% 23.0% 22.1% 17.9%
Significant items effect and non-operating pension/OPEB costs effect (1.1%) 0.1% (0.4%) 1.8% 0.1% 2.6%
24.3% 24.6% 21.9% 24.8% 22.2% 20.5%
Exchange gains (losses) effect2
(1.0%) (0.5%) (0.2%) (1.1%) (0.2%) 0.3%
Base income tax rate from continuing operations 23.3% 24.1% 21.7% 23.7% 22.0% 20.8%
1 - Represents the company's anticipated full year tax rates.
2 - For the 2014 outlook, the effect of exchange gains (losses) on the company’s full year effective income tax rate reflects actual exchange gains (losses) from the six
months ended June 30, 2014 only.
Tax rate, from continuing operations, before significant items and
non-operating pension/OPEB costs
RECONCILIATION OF BASE INCOME TAX RATE TO EFFECTIVE INCOME TAX RATE (UNAUDITED)
Base income tax rate is defined as the effective income tax rate less the effect of exchange gains (losses), significant items and non-operating pension/OPEB
costs.
Three months ended
June 30, Year ended December 31,
Six months ended
June 30,
36