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Segment and Geographic Information (Tables) | 6 Months Ended
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Dec. 31, 2012
Segment and Geographic Information [Abstract] |
Segment Information | Segment Information
|  | Six Months Ended |  | Year Ended
(In millions) |  | December 31 |  | June 30
|  | 2012 | 2011 |  | 2012 | 2011 | 2010
|  |  |  | (Unaudited) |  |  |  |  |  |  |
Sales to external customers |  |  |  |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | 18,052 | $ | 17,337 |  | $ | 34,715 | $ | 29,908 | $ | 24,412
Corn Processing |  |  | 6,167 |  | 6,451 |  |  | 12,114 |  | 9,908 |  | 7,874
Agricultural Services |  |  | 22,441 |  | 21,364 |  |  | 42,082 |  | 40,750 |  | 29,301
Other |  |  | 69 |  | 56 |  |  | 127 |  | 110 |  | 95
Total |  | $ | 46,729 | $ | 45,208 |  | $ | 89,038 | $ | 80,676 | $ | 61,682
Intersegment sales |  |  |  |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | 1,413 | $ | 736 |  | $ | 2,275 |  | 2,103 |  | 1,334
Corn Processing |  |  | 56 |  | 113 |  |  | 173 |  | 194 |  | 103
Agricultural Services |  |  | 3,046 |  | 2,751 |  |  | 5,609 |  | 4,417 |  | 2,436
Other |  |  | 82 |  | 80 |  |  | 161 |  | 155 |  | 151
Total |  | $ | 4,597 | $ | 3,680 |  | $ | 8,218 | $ | 6,869 | $ | 4,024
Net sales |  |  |  |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | 19,465 | $ | 18,073 |  | $ | 36,990 |  | 32,011 |  | 25,746
Corn Processing |  |  | 6,223 |  | 6,564 |  |  | 12,287 |  | 10,102 |  | 7,977
Agricultural Services |  |  | 25,487 |  | 24,115 |  |  | 47,691 |  | 45,167 |  | 31,737
Other |  |  | 151 |  | 136 |  |  | 288 |  | 265 |  | 246
Intersegment elimination |  |  | (4,597) |  | (3,680) |  |  | (8,218) |  | (6,869) |  | (4,024)
Total |  | $ | 46,729 | $ | 45,208 |  | $ | 89,038 | $ | 80,676 | $ | 61,682
Depreciation |  |  |  |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | 113 | $ | 108 |  | $ | 228 | $ | 215 | $ | 243
Corn Processing |  |  | 165 |  | 178 |  |  | 345 |  | 399 |  | 412
Agricultural Services |  |  | 99 |  | 90 |  |  | 188 |  | 183 |  | 167
Other |  |  | 2 |  | 2 |  |  | 4 |  | 5 |  | 6
Corporate |  |  | 17 |  | 13 |  |  | 28 |  | 25 |  | 29
Total |  | $ | 396 | $ | 391 |  | $ | 793 | $ | 827 | $ | 857
Asset abandonments and write-downs |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | - | $ | - |  | $ | 1 |  | 2 |  | 9
Corn Processing |  |  | - |  | 337 |  |  | 360 |  | - |  | -
Agricultural Services |  |  | 146 |  | - |  |  | 2 |  | - |  | -
Corporate |  |  | - |  | - |  |  | 4 |  | - |  | -
Total |  | $ | 146 | $ | 337 |  | $ | 367 | $ | 2 | $ | 9
|  | Six Months Ended |  | Year Ended
(In millions) |  | December 31 |  | June 30
|  | 2012 | 2011 |  | 2012 | 2011 | 2010
|  |  |  | (Unaudited) |  |  |  |  |  |  |
Interest income |  |  |  |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | 18 | $ | 16 |  | $ | 35 | $ | 28 | $ | 34
Corn Processing |  |  | 1 |  | - |  |  | 1 |  | - |  | 1
Agricultural Services |  |  | 18 |  | 10 |  |  | 22 |  | 23 |  | 18
Other |  |  | 11 |  | 14 |  |  | 21 |  | 46 |  | 51
Corporate |  |  | 11 |  | 22 |  |  | 33 |  | 39 |  | 22
Total |  | $ | 59 | $ | 62 |  | $ | 112 | $ | 136 | $ | 126
Equity in earnings of affiliates |  |  |  |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | 96 | $ | 129 |  | $ | 226 | $ | 213 | $ | 306
Corn Processing |  |  | 49 |  | 53 |  |  | 107 |  | 83 |  | 78
Agricultural Services |  |  | 49 |  | 55 |  |  | 110 |  | 230 |  | 152
Other |  |  | - |  | - |  |  | - |  | 9 |  | 9
Corporate |  |  | 61 |  | 14 |  |  | 29 |  | 7 |  | 16
Total |  | $ | 255 | $ | 251 |  | $ | 472 | $ | 542 | $ | 561
Operating profit |  |  |  |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | 747 | $ | 429 |  | $ | 1,302 | $ | 1,690 | $ | 1,551
Corn Processing |  |  | 71 |  | 54 |  |  | 261 |  | 1,079 |  | 738
Agricultural Services |  |  | 395 |  | 563 |  |  | 947 |  | 1,323 |  | 1,002
Other |  |  | 93 |  | 17 |  |  | 15 |  | 39 |  | 46
Total operating profit |  |  | 1,306 |  | 1,063 |  |  | 2,525 |  | 4,131 |  | 3,337
Corporate |  |  | (309) |  | (282) |  |  | (760) |  | (1,116) |  | (752)
Earnings before income taxes |  | $ | 997 | $ | 781 |  | $ | 1,765 | $ | 3,015 | $ | 2,585
Investments in and advances to affiliates |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | 1,889 |  |  |  | $ | 1,811 | $ | 1648 |  |
Corn Processing |  |  | 505 |  |  |  |  | 470 |  | 483 |  |
Agricultural Services |  |  | 297 |  |  |  |  | 671 |  | 669 |  |
Other |  |  | 18 |  |  |  |  | 46 |  | 22 |  |
Corporate |  |  | 461 |  |  |  |  | 390 |  | 418 |  |
Total |  | $ | 3,170 |  |  |  | $ | 3,388 | $ | 3,240 |  |
Identifiable assets |  |  |  |  |  |  |  |  |  |  |  |
Oilseeds Processing |  | $ | 15,856 |  |  |  | $ | 17,041 | $ | 16,576 |  |
Corn Processing |  |  | 6,649 |  |  |  |  | 6,491 |  | 7,606 |  |
Agricultural Services |  |  | 14,201 |  |  |  |  | 11,444 |  | 11,242 |  |
Other |  |  | 5,912 |  |  |  |  | 5,028 |  | 6,010 |  |
Corporate |  |  | 2,518 |  |  |  |  | 1,767 |  | 918 |  |
Total |  | $ | 45,136 |  |  |  | $ | 41,771 | $ | 42,352 |  |
|  | Six Months Ended | Year Ended
|  | December 31 | June 30
|  | 2012 | 2012 |  | 2011
|  | (In millions)
Gross additions to property, plant, and equipment |  |  |  |  |
Oilseeds Processing |  | $ | 259 | $ | 588 |  | $ | 673
Corn Processing |  |  | 169 |  | 349 |  |  | 349
Agricultural Services |  |  | 182 |  | 740 |  |  | 442
Other |  |  | - |  | 1 |  |  | 8
Corporate |  |  | 31 |  | 41 |  |  | 40
Total |  | $ | 641 | $ | 1,719 |  | $ | 1,512
Geographic Information |
|  | Six Months Ended |  | Year Ended
(In millions) |  | December 31 |  | June 30
|  | 2012 | 2011 |  | 2012 | 2011 | 2010
|  |  |  | (Unaudited) |  |  |  |  |  |  |
Net sales and other operating income |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 25,033 | $ | 24,490 |  | $ | 46,593 | $ | 42,390 | $ | 33,362
Switzerland |  |  | 4,991 |  | 5,237 |  |  | 9,698 |  | 8,413 |  | 5,770
Germany |  |  | 4,450 |  | 4,521 |  |  | 9,656 |  | 6,217 |  | 6,424
Other Foreign |  |  | 12,255 |  | 10,960 |  |  | 23,091 |  | 23,656 |  | 16,126
|  | $ | 46,729 | $ | 45,208 |  | $ | 89,038 | $ | 80,676 | $ | 61,682
Long-lived assets |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 7,287 |  |  |  | $ | 7,288 | $ | 7,234 |  |
Foreign |  |  | 2,836 |  |  |  |  | 2,524 |  | 2,266 |  |
|  | $ | 10,123 |  |  |  | $ | 9,812 | $ | 9,500 |  |

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