v3.22.1
SEGMENT INFORMATION - FINANCIAL INFORMATION BY SEGMENT (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Operating Segment Information      
Net sales $ 15,880 $ 12,961  
Cost of goods sold (14,676) (11,814)  
Gross profit 1,204 1,147  
Selling, general and administrative expenses (308) (271)  
Foreign exchange gains (losses) 12 (10)  
EBIT attributable to noncontrolling interests (13) (87)  
Other income (expense) – net (47) 263  
Income (loss) from affiliates 45 44  
Total segment EBIT 893 1,086  
Total assets 28,724 24,533 $ 23,819
Inter—Segment Revenues      
Operating Segment Information      
Net sales (2,974) (1,661)  
Selling, general and administrative expenses 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  
Total assets 0 0  
Inter—Segment Revenues | Agribusiness      
Operating Segment Information      
Net sales (2,487) (1,466)  
Inter—Segment Revenues | Refined and Specialty Oils      
Operating Segment Information      
Net sales (112) (102)  
Inter—Segment Revenues | Milling      
Operating Segment Information      
Net sales (375) (93)  
Inter—Segment Revenues | Sugar and Bioenergy      
Operating Segment Information      
Net sales 0 0  
Operating | Agribusiness      
Operating Segment Information      
Net sales 11,231 9,791  
Cost of goods sold (10,367) (8,905)  
Gross profit 864 886  
Selling, general and administrative expenses (121) (80)  
Foreign exchange gains (losses) 9 (8)  
EBIT attributable to noncontrolling interests (4) (8)  
Other income (expense) – net (63) 22  
Income (loss) from affiliates 14 24  
Total segment EBIT 699 836  
Total assets 20,607 18,244  
Operating | Refined and Specialty Oils      
Operating Segment Information      
Net sales 3,976 2,726  
Cost of goods sold (3,714) (2,491)  
Gross profit 262 235  
Selling, general and administrative expenses (89) (86)  
Foreign exchange gains (losses) 0 2  
EBIT attributable to noncontrolling interests 3 (79)  
Other income (expense) – net (3) 236  
Income (loss) from affiliates 0 0  
Total segment EBIT 173 308  
Total assets 4,383 3,713  
Operating | Milling      
Operating Segment Information      
Net sales 603 390  
Cost of goods sold (532) (356)  
Gross profit 71 34  
Selling, general and administrative expenses (24) (23)  
Foreign exchange gains (losses) 3 (3)  
EBIT attributable to noncontrolling interests 0 0  
Other income (expense) – net 0 0  
Income (loss) from affiliates 0 0  
Total segment EBIT 50 8  
Total assets 1,482 1,245  
Operating | Sugar and Bioenergy      
Operating Segment Information      
Net sales 64 54  
Cost of goods sold (62) (54)  
Gross profit 2 0  
Selling, general and administrative expenses 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 32 20  
Total segment EBIT 34 20  
Total assets 322 129  
Corporate and Other      
Operating Segment Information      
Net sales 6 0  
Cost of goods sold (1) (8)  
Gross profit 5 (8)  
Selling, general and administrative expenses (74) (82)  
Foreign exchange gains (losses) 0 (1)  
EBIT attributable to noncontrolling interests (12) 0  
Other income (expense) – net 19 5  
Income (loss) from affiliates (1) 0  
Total segment EBIT (63) (86)  
Total assets $ 1,930 $ 1,202