v3.21.1
SEGMENT INFORMATION - FINANCIAL INFORMATION BY SEGMENT (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Operating Segment Information      
Net sales $ 12,961 $ 9,173  
Cost of Goods and Services Sold (11,814) (8,999)  
Gross profit 1,147 174  
Selling, General and Administrative Expense (271) (295)  
Foreign exchange gains (losses) (10) (6)  
EBIT attributable to noncontrolling interests (87) 8  
Other income (expense) – net 263 (9)  
Income (loss) from affiliates 44 (42)  
Total segment EBIT 1,086 (170)  
Depreciation, depletion and amortization (106) (113)  
Total assets 24,533 18,596 $ 23,655
Agribusiness      
Operating Segment Information      
Net sales 9,791 6,382  
Refined and Specialty Oils      
Operating Segment Information      
Net sales 2,726 2,325  
Milling      
Operating Segment Information      
Net sales 390 416  
Sugar and Bioenergy      
Operating Segment Information      
Net sales 54 50  
Inter—segment revenues      
Operating Segment Information      
Net sales (1,661) (1,252)  
Selling, General and Administrative Expense 0 0  
Foreign exchange gains (losses) 0 0  
EBIT attributable to noncontrolling interests 0 0  
Other income (expense) – net 0 0  
Income (loss) from affiliates 0 0  
Total segment EBIT 0 0  
Depreciation, depletion and amortization 0 0  
Total assets 0 0  
Inter—segment revenues | Agribusiness      
Operating Segment Information      
Net sales (1,466) (1,207)  
Inter—segment revenues | Refined and Specialty Oils      
Operating Segment Information      
Net sales (102) (43)  
Inter—segment revenues | Milling      
Operating Segment Information      
Net sales (93) (2)  
Inter—segment revenues | Sugar and Bioenergy      
Operating Segment Information      
Net sales 0 0  
Operating | Agribusiness      
Operating Segment Information      
Net sales 9,791 6,382  
Cost of Goods and Services Sold (8,905) (6,385)  
Gross profit 886 (3)  
Selling, General and Administrative Expense (80) (109)  
Foreign exchange gains (losses) (8) (12)  
EBIT attributable to noncontrolling interests (8) 2  
Other income (expense) – net 22 (8)  
Income (loss) from affiliates 24 9  
Total segment EBIT 836 (121)  
Depreciation, depletion and amortization (51) (57)  
Total assets 18,584 13,054  
Operating | Refined and Specialty Oils      
Operating Segment Information      
Net sales 2,726 2,325  
Cost of Goods and Services Sold (2,491) (2,197)  
Gross profit 235 128  
Selling, General and Administrative Expense (86) (94)  
Foreign exchange gains (losses) 2 7  
EBIT attributable to noncontrolling interests (79) 6  
Other income (expense) – net 236 0  
Income (loss) from affiliates 0 0  
Total segment EBIT 308 47  
Depreciation, depletion and amortization (37) (37)  
Total assets 3,745 3,330  
Operating | Milling      
Operating Segment Information      
Net sales 390 416  
Cost of Goods and Services Sold (356) (368)  
Gross profit 34 48  
Selling, General and Administrative Expense (23) (26)  
Foreign exchange gains (losses) (3) (3)  
EBIT attributable to noncontrolling interests 0 0  
Other income (expense) – net 0 (1)  
Income (loss) from affiliates 0 0  
Total segment EBIT 8 18  
Depreciation, depletion and amortization (11) (12)  
Total assets 1,252 1,214  
Operating | Sugar and Bioenergy      
Operating Segment Information      
Net sales 54 50  
Cost of Goods and Services Sold (54) (48)  
Gross profit 0 2  
Selling, General and Administrative Expense 0 (1)  
Foreign exchange gains (losses) 0 0  
EBIT attributable to noncontrolling interests 0 0  
Other income (expense) – net 0 0  
Income (loss) from affiliates 20 (51)  
Total segment EBIT 20 (50)  
Depreciation, depletion and amortization 0 0  
Total assets 129 303  
Corporate - other      
Operating Segment Information      
Cost of Goods and Services Sold (8) (1)  
Gross profit (8) (1)  
Selling, General and Administrative Expense (82) (65)  
Foreign exchange gains (losses) (1) 2  
EBIT attributable to noncontrolling interests 0 0  
Other income (expense) – net 5 0  
Income (loss) from affiliates 0 0  
Total segment EBIT (86) (64)  
Depreciation, depletion and amortization (7) (7)  
Total assets $ 823 $ 695