v3.21.2
SEGMENT INFORMATION - FINANCIAL INFORMATION BY SEGMENT (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Operating Segment Information          
Net sales $ 15,391 $ 9,462 $ 28,352 $ 18,635  
Cost of Goods and Services Sold (14,726) (8,357) (26,540) (17,356)  
Gross profit 665 1,105 1,812 1,279  
Selling, General and Administrative Expense (297) (346) (568) (641)  
Foreign exchange gains (losses) 35 27 25 21  
EBIT attributable to noncontrolling interests (8) (8) (95) 0  
Other income (expense) – net 35 27 298 20  
Income (loss) from affiliates 29 (67) 73 (111)  
Total segment EBIT 459 738 1,545 568  
Depreciation, depletion and amortization 106 104 212 217  
Total assets 25,085 18,559 25,085 18,559 $ 23,655
Agribusiness          
Operating Segment Information          
Net sales 11,654 6,925 21,444 13,307  
Refined and Specialty Oils          
Operating Segment Information          
Net sales 3,198 2,129 5,924 4,455  
Milling          
Operating Segment Information          
Net sales 471 382 862 797  
Sugar and Bioenergy          
Operating Segment Information          
Net sales 68 26 122 76  
Inter—segment revenues          
Operating Segment Information          
Net sales 2,185 (1,315) (3,846) (2,566)  
Selling, General and Administrative Expense 0 0 0 0  
Foreign exchange gains (losses) 0 0 0 0  
EBIT attributable to noncontrolling interests 0 0 0 0  
Other income (expense) – net 0 0 0 0  
Income (loss) from affiliates 0 0 0 0  
Total segment EBIT 0 0 0 0  
Depreciation, depletion and amortization 0 0 0 0  
Total assets 0 0 0 0  
Inter—segment revenues | Agribusiness          
Operating Segment Information          
Net sales (2,045) (1,262) (3,511) (2,468)  
Inter—segment revenues | Refined and Specialty Oils          
Operating Segment Information          
Net sales (125) (50) (227) (93)  
Inter—segment revenues | Milling          
Operating Segment Information          
Net sales (15) (3) (108) (5)  
Inter—segment revenues | Sugar and Bioenergy          
Operating Segment Information          
Net sales 0 0 0 0  
Operating | Agribusiness          
Operating Segment Information          
Net sales 11,654 6,925 21,444 13,307  
Cost of Goods and Services Sold (11,244) (6,018) (20,149) (12,403)  
Gross profit 410 907 1,295 904  
Selling, General and Administrative Expense (114) (109) (194) (218)  
Foreign exchange gains (losses) 36 31 29 19  
EBIT attributable to noncontrolling interests (3) (8) (11) (5)  
Other income (expense) – net 24 31 46 24  
Income (loss) from affiliates 11 21 35 28  
Total segment EBIT 364 873 1,200 752  
Depreciation, depletion and amortization 50 50 102 107  
Total assets 18,541 13,356 18,541 13,356  
Operating | Refined and Specialty Oils          
Operating Segment Information          
Net sales 3,198 2,129 5,924 4,455  
Cost of Goods and Services Sold (3,003) (1,983) (5,494) (4,180)  
Gross profit 195 146 430 275  
Selling, General and Administrative Expense (90) (89) (176) (183)  
Foreign exchange gains (losses) 1 (4) 2 3  
EBIT attributable to noncontrolling interests (5) 0 (83) 5  
Other income (expense) – net 1 (2) 237 (2)  
Income (loss) from affiliates 0 0 0 0  
Total segment EBIT 102 51 410 98  
Depreciation, depletion and amortization 38 37 75 74  
Total assets 4,096 3,350 4,096 3,350  
Operating | Milling          
Operating Segment Information          
Net sales 471 382 862 797  
Cost of Goods and Services Sold (414) (329) (771) (697)  
Gross profit 57 53 91 100  
Selling, General and Administrative Expense (25) (28) (48) (54)  
Foreign exchange gains (losses) 2 0 0 (2)  
EBIT attributable to noncontrolling interests 0 0 (1) 0  
Other income (expense) – net 0 0 0 (1)  
Income (loss) from affiliates 0 0 0 0  
Total segment EBIT 34 25 42 43  
Depreciation, depletion and amortization 11 11 21 23  
Total assets 1,370 1,180 1,370 1,180  
Operating | Sugar and Bioenergy          
Operating Segment Information          
Net sales 68 26 122 76  
Cost of Goods and Services Sold (67) (26) (120) (74)  
Gross profit 1 0 2 2  
Selling, General and Administrative Expense 0 0 0 (1)  
Foreign exchange gains (losses) 0 0 0 0  
EBIT attributable to noncontrolling interests 0 0 0 0  
Other income (expense) – net 0 0 0 0  
Income (loss) from affiliates 18 (88) 37 (139)  
Total segment EBIT 19 (88) 39 (138)  
Depreciation, depletion and amortization 0 0 0 0  
Total assets 171 154 171 154  
Corporate - other          
Operating Segment Information          
Cost of Goods and Services Sold 2 (1) (6) (2)  
Gross profit 2 (1) (6) (2)  
Selling, General and Administrative Expense (68) (120) (150) (185)  
Foreign exchange gains (losses) (4) 0 (6) 1  
EBIT attributable to noncontrolling interests 0 0 0 0  
Other income (expense) – net 10 (2) 15 (1)  
Income (loss) from affiliates 0 0 1 0  
Total segment EBIT (60) (123) (146) (187)  
Depreciation, depletion and amortization 7 6 14 13  
Total assets $ 907 $ 519 $ 907 $ 519