v3.21.2
SEGMENT INFORMATION - FINANCIAL INFORMATION BY SEGMENT (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Operating Segment Information          
Net sales $ 14,117 $ 10,159 $ 42,469 $ 28,794  
Cost of goods sold (13,255) (9,557) (39,795) (26,913)  
Gross profit 862 602 2,674 1,881  
Selling, general and administrative expenses (327) (352) (896) (993)  
Foreign exchange (losses) gains (36) 54 (11) 75  
EBIT attributable to noncontrolling interests 5 (5) (90) (5)  
Other income (expense) – net 220 17 519 37  
Income (loss) from affiliates 60 35 133 (76)  
Total segment EBIT 784 351 2,329 919  
Depreciation, depletion and amortization 105 106 317 323  
Total assets 24,109 20,761 24,109 20,761 $ 23,655
Inter—Segment Revenues          
Operating Segment Information          
Net sales (2,292) (1,597) (6,138) (4,164)  
Selling, general and administrative expenses 0 0 0 0  
Foreign exchange (losses) gains 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 (2,200) (1,279) (5,711) (3,748)  
Inter—Segment Revenues | Refined and Specialty Oils          
Operating Segment Information          
Net sales (86) (90) (313) (183)  
Inter—Segment Revenues | Milling          
Operating Segment Information          
Net sales (6) (227) (114) (232)  
Inter—Segment Revenues | Sugar and Bioenergy          
Operating Segment Information          
Net sales 0 (1) 0 (1)  
Operating | Agribusiness          
Operating Segment Information          
Net sales 9,868 7,290 31,312 20,597  
Cost of goods sold (9,277) (6,917) (29,425) (19,319)  
Gross profit 591 373 1,887 1,278  
Selling, general and administrative expenses (118) (145) (313) (365)  
Foreign exchange (losses) gains (30) 59 (1) 78  
EBIT attributable to noncontrolling interests 5 (2) (6) (7)  
Other income (expense) – net 181 15 227 39  
Income (loss) from affiliates 10 17 44 46  
Total segment EBIT 639 317 1,838 1,069  
Depreciation, depletion and amortization 52 51 154 158  
Total assets 16,177 14,833 16,177 14,833  
Operating | Refined and Specialty Oils          
Operating Segment Information          
Net sales 3,648 2,432 9,572 6,887  
Cost of goods sold (3,430) (2,254) (8,924) (6,434)  
Gross profit 218 178 648 453  
Selling, general and administrative expenses (83) (96) (259) (279)  
Foreign exchange (losses) gains (1) (2) 1 0  
EBIT attributable to noncontrolling interests (2) (3) (85) 3  
Other income (expense) – net (2) (1) 236 (3)  
Income (loss) from affiliates 0 0 0 0  
Total segment EBIT 130 76 541 174  
Depreciation, depletion and amortization 36 38 111 112  
Total assets 4,091 3,401 4,091 3,401  
Operating | Milling          
Operating Segment Information          
Net sales 530 388 1,392 1,185  
Cost of goods sold (460) (338) (1,231) (1,036)  
Gross profit 70 50 161 149  
Selling, general and administrative expenses (25) (24) (73) (77)  
Foreign exchange (losses) gains (2) 1 (2) 0  
EBIT attributable to noncontrolling interests 0 0 (1) (1)  
Other income (expense) – net 0 0 0 (1)  
Income (loss) from affiliates 0 (1) 0 (1)  
Total segment EBIT 43 26 85 69  
Depreciation, depletion and amortization 10 11 31 34  
Total assets 1,352 1,184 1,352 1,184  
Operating | Sugar and Bioenergy          
Operating Segment Information          
Net sales 69 49 190 125  
Cost of goods sold (67) (44) (187) (118)  
Gross profit 2 5 3 7  
Selling, general and administrative expenses 0 0 (1) 0  
Foreign exchange (losses) gains 0 0 0 0  
EBIT attributable to noncontrolling interests 0 0 0 0  
Other income (expense) – net 0 0 1 0  
Income (loss) from affiliates 51 19 89 (121)  
Total segment EBIT 53 24 92 (114)  
Depreciation, depletion and amortization 0 0 0 0  
Total assets 207 144 207 144  
Corporate and Other          
Operating Segment Information          
Net sales 2 0 3 0  
Cost of goods sold (21) (4) (28) (6)  
Gross profit (19) (4) (25) (6)  
Selling, general and administrative expenses (101) (87) (250) (272)  
Foreign exchange (losses) gains (3) (4) (9) (3)  
EBIT attributable to noncontrolling interests 2 0 2 0  
Other income (expense) – net 41 3 55 2  
Income (loss) from affiliates (1) 0 0 0  
Total segment EBIT (81) (92) (227) (279)  
Depreciation, depletion and amortization 7 6 21 19  
Total assets 2,282 1,199 2,282 1,199  
Corporate and Other | Sugar and Bioenergy          
Operating Segment Information          
Net sales $ 2 $ 0 $ 3 $ 0