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v3.21.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Segment Information |
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
(In millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Gross revenues |  |  |  |  |  |  |
Ag Services and Oilseeds | $ | 18,799 |  |  | $ | 14,431 |  |  | $ | 34,738 |  |  | $ | 26,781 |
Carbohydrate Solutions | 3,271 |  |  | 2,213 |  |  | 5,905 |  |  | 4,767 |
Nutrition | 1,793 |  |  | 1,474 |  |  | 3,417 |  |  | 2,990 |
Other Business | 102 |  |  | 89 |  |  | 202 |  |  | 193 |
Intersegment elimination | (1,039) |  |  | (1,926) |  |  | (2,443) |  |  | (3,480) |
Total gross revenues | $ | 22,926 |  |  | $ | 16,281 |  |  | $ | 41,819 |  |  | $ | 31,251 |
Intersegment sales |  |  |  |  |  |  |
Ag Services and Oilseeds | $ | 528 |  |  | $ | 1,690 |  |  | $ | 1,460 |  |  | $ | 2,961 |
Carbohydrate Solutions | 451 |  |  | 199 |  |  | 862 |  |  | 437 |
Nutrition | 60 |  |  | 37 |  |  | 121 |  |  | 82 |
Total intersegment sales | $ | 1,039 |  |  | $ | 1,926 |  |  | $ | 2,443 |  |  | $ | 3,480 |
Revenues from external customers |  |  |  |  |  |  |
Ag Services and Oilseeds |  |  |  |  |  |  |
Ag Services | $ | 12,815 |  |  | $ | 8,652 |  |  | $ | 22,961 |  |  | $ | 15,578 |
Crushing | 2,827 |  |  | 2,405 |  |  | 5,569 |  |  | 4,718 |
Refined Products and Other | 2,629 |  |  | 1,684 |  |  | 4,748 |  |  | 3,524 |
Total Ag Services and Oilseeds | 18,271 |  |  | 12,741 |  |  | 33,278 |  |  | 23,820 |
Carbohydrate Solutions |  |  |  |  |  |  |
Starches and Sweeteners | 1,846 |  |  | 1,545 |  |  | 3,591 |  |  | 3,195 |
Vantage Corn Processors | 974 |  |  | 469 |  |  | 1,452 |  |  | 1,135 |
Total Carbohydrate Solutions | 2,820 |  |  | 2,014 |  |  | 5,043 |  |  | 4,330 |
Nutrition |  |  |  |  |  |  |
Human Nutrition | 848 |  |  | 723 |  |  | 1,602 |  |  | 1,442 |
Animal Nutrition | 885 |  |  | 714 |  |  | 1,694 |  |  | 1,466 |
Total Nutrition | 1,733 |  |  | 1,437 |  |  | 3,296 |  |  | 2,908 |
Other Business | 102 |  |  | 89 |  |  | 202 |  |  | 193 |
Total revenues from external customers | $ | 22,926 |  |  | $ | 16,281 |  |  | $ | 41,819 |  |  | $ | 31,251 |
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
(In millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Segment operating profit |  |  |  |  |  |  |
Ag Services and Oilseeds | $ | 570 |  |  | $ | 413 |  |  | $ | 1,347 |  |  | $ | 835 |
Carbohydrate Solutions | 383 |  |  | 195 |  |  | 642 |  |  | 263 |
Nutrition | 201 |  |  | 158 |  |  | 355 |  |  | 300 |
Other Business | 6 |  |  | 38 |  |  | 15 |  |  | 49 |
Specified Items: |  |  |  |  |  |  |
Gains (losses) on sales of assets and businesses(1) | 22 |  |  | 23 |  |  | 22 |  |  | 23 |
Impairment, restructuring, and settlement charges(2) | (37) |  |  | (14) |  |  | (131) |  |  | (58) |
Total segment operating profit | 1,145 |  |  | 813 |  |  | 2,250 |  |  | 1,412 |
Corporate | (320) |  |  | (261) |  |  | (601) |  |  | (485) |
Earnings before income taxes | $ | 825 |  |  | $ | 552 |  |  | $ | 1,649 |  |  | $ | 927 |
(1) Consists of gains on the sale of certain assets in all periods presented. (2) Current quarter charges related to the impairment of certain long-lived assets and restructuring. Current year-to-date charges also included a legal settlement. Prior quarter and year-to-date charges related to the impairment of certain long-lived assets and restructuring.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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