Proposition 1
Tag 05MX, permanent. Cite it as [Bourbaki, Tag 05MX].
Algebra, chapter II, § 2. Modules of linear mappings. Duality
If the exact sequence of linear mappings
(3)
splits (in other words, if is a direct factor of E) the sequence
(4)
is exact and splits. Conversely, if, for every A-module F, sequence (4) is exact, sequence (3) splits.
If the exact sequence (3) splits, there exists a linear retraction associated with (§ 1, no. 9, Proposition 15); if
the fact that is the identity implies that is the identity (, no. 2, formula (10)) and hence the first assertion follows from , no. 9, Proposition 15. Conversely, suppose sequence (4) is exact for . Then there exists an element such that , and the conclusion follows from , no. 9, Proposition 15.
Note that the first assertion of Proposition 1 can also be considered as a special case of , no. 6, Corollary 1 to Proposition 6, canonically identifying with by means of the -linear mapping , where and are the canonical projections.
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.