DuPont(DD) - 2025 Q4 - Annual Report
DuPontDuPont(US:DD)2026-02-17 18:46

Healthcare and Medical Devices - The Healthcare & Water Technologies segment focuses on high-performance products for medical devices and water purification, addressing critical challenges like aging populations and water scarcity [32]. - DuPont completed the acquisition of Spectrum Plastics Group on August 1, 2023, enhancing its capabilities in specialty medical devices and components [34]. - The company also acquired Donatelle Plastics, LLC on July 28, 2024, further strengthening its position in the medical device market [34]. - In 2025, net sales for Healthcare Technologies and Water Technologies are expected to grow significantly, driven by increasing demand for efficient water purification solutions [38]. Diversified Industrials - The Diversified Industrials segment provides engineered products that enhance safety and operational efficiency across various markets, including aerospace and automotive [42]. - The company emphasizes market-driven innovation and advanced manufacturing capabilities to support new product development in Diversified Industrials [43]. - The Building Technologies business offers solutions for energy efficiency and durability in construction, contributing to the overall growth of the segment [46]. Employee and Talent Management - DuPont employs approximately 15,000 people globally, with a significant portion dedicated to the Aramids Business, reflecting the company's commitment to talent retention and development [62]. - DuPont's focus on health, safety, and employee well-being includes comprehensive wellness programs and a commitment to zero workplace injuries [67]. Financial Risk Management - The Company has significant exposure to foreign currency exchange rates, primarily with the euro (EUR), Chinese renminbi (CNY), Japanese yen (JPY), Canadian dollar (CAD), and Indian rupee (INR) [377]. - As of December 31, 2025, the fair value of foreign currency contracts was $(10) million, with a sensitivity of $(163) million for a 10% adverse change in exchange rates [378]. - The net investment hedge for European operations would decrease in fair value by approximately $100 million if the U.S. dollar weakened by 10% as of December 31, 2025 [379]. - Interest rate swaps would decrease in fair value by approximately $35 million if floating rates appreciated by 10% as of December 31, 2025 [380]. - The Company has not sustained credit losses from instruments held at financial institutions, maintaining a policy to limit credit exposure with any one institution [382]. - No individual customer represented more than 5% of the Company's total outstanding receivables balance as of December 31, 2025, indicating a diverse customer base [384]. - The Company continuously evaluates the credit standing of financial institutions and monitors exposures against established limits [383]. - The Company uses derivative instruments to manage financial market risks and minimize volatility in financial results [376]. - The Company has established procedures for hedging foreign currency, interest rate, and commodity price risks on a case-by-case basis [376]. - The Company maintains strong credit controls and may require financial guarantees from customers in certain circumstances [385].