v3.22.2
SEGMENT INFORMATION - FINANCIAL INFORMATION BY SEGMENT (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Operating Segment Information          
Net sales $ 17,933 $ 15,391 $ 33,813 $ 28,352  
Cost of goods sold (17,161) (14,726) (31,837) (26,540)  
Gross profit 772 665 1,976 1,812  
Selling, general and administrative expenses (334) (297) (642) (568)  
Foreign exchange gains (losses) (110) 35 (98) 25  
EBIT attributable to noncontrolling interests (20) (8) (33) (95)  
Other income (expense) – net (6) 35 (53) 298  
Income (loss) from affiliates 20 29 65 73  
Total segment EBIT 322 459 1,215 1,545  
Total assets 27,419 25,085 27,419 25,085 $ 23,819
Inter—Segment Revenues          
Operating Segment Information          
Net sales (3,070) (2,185) (6,044) (3,846)  
Selling, general and administrative expenses 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  
Total assets 0 0 0 0  
Inter—Segment Revenues | Agribusiness          
Operating Segment Information          
Net sales (2,892) (2,045) (5,379) (3,511)  
Inter—Segment Revenues | Refined and Specialty Oils          
Operating Segment Information          
Net sales (86) (125) (198) (227)  
Inter—Segment Revenues | Milling          
Operating Segment Information          
Net sales (92) (15) (467) (108)  
Inter—Segment Revenues | Sugar and Bioenergy          
Operating Segment Information          
Net sales 0 0 0 0  
Operating | Agribusiness          
Operating Segment Information          
Net sales 12,747 11,654 23,978 21,444  
Cost of goods sold (12,431) (11,244) (22,798) (20,149)  
Gross profit 316 410 1,180 1,295  
Selling, general and administrative expenses (119) (114) (240) (194)  
Foreign exchange gains (losses) (93) 36 (84) 29  
EBIT attributable to noncontrolling interests (13) (3) (17) (11)  
Other income (expense) – net (14) 24 (77) 46  
Income (loss) from affiliates 16 11 30 35  
Total segment EBIT 93 364 792 1,200  
Total assets 18,889 18,046 18,889 18,046  
Operating | Refined and Specialty Oils          
Operating Segment Information          
Net sales 4,445 3,198 8,421 5,924  
Cost of goods sold (4,120) (3,003) (7,834) (5,494)  
Gross profit 325 195 587 430  
Selling, general and administrative expenses (87) (90) (176) (176)  
Foreign exchange gains (losses) (8) 1 (8) 2  
EBIT attributable to noncontrolling interests (7) (5) (4) (83)  
Other income (expense) – net (5) 1 (8) 237  
Income (loss) from affiliates 0 0 0 0  
Total segment EBIT 218 102 391 410  
Total assets 4,616 4,061 4,616 4,061  
Operating | Milling          
Operating Segment Information          
Net sales 677 471 1,280 862  
Cost of goods sold (551) (414) (1,083) (771)  
Gross profit 126 57 197 91  
Selling, general and administrative expenses (28) (25) (52) (48)  
Foreign exchange gains (losses) 0 2 3 0  
EBIT attributable to noncontrolling interests (1) 0 (1) (1)  
Other income (expense) – net 0 0 0 0  
Income (loss) from affiliates 0 0 0 0  
Total segment EBIT 97 34 147 42  
Total assets 1,488 1,362 1,488 1,362  
Operating | Sugar and Bioenergy          
Operating Segment Information          
Net sales 57 68 121 122  
Cost of goods sold (55) (67) (117) (120)  
Gross profit 2 1 4 2  
Selling, general and administrative expenses 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 4 18 36 37  
Total segment EBIT 6 19 40 39  
Total assets 376 171 376 171  
Corporate and Other          
Operating Segment Information          
Net sales 7 0 13 0  
Cost of goods sold (4) 2 (5) (6)  
Gross profit 3 2 8 (6)  
Selling, general and administrative expenses (100) (68) (174) (150)  
Foreign exchange gains (losses) (9) (4) (9) (6)  
EBIT attributable to noncontrolling interests 1 0 (11) 0  
Other income (expense) – net 13 10 32 15  
Income (loss) from affiliates 0 0 (1) 1  
Total segment EBIT (92) (60) (155) (146)  
Total assets $ 2,050 $ 1,445 2,050 1,445  
Corporate and Other | Sugar and Bioenergy          
Operating Segment Information          
Net sales     $ 13 $ 0