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Segment Information | 6 Months Ended
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Jun. 30, 2023
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company’s operations are organized, managed, and classified into three reportable business segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. Each of these segments is organized based upon the nature of products and services offered. The Company’s remaining operations are not reportable segments, as defined by the applicable accounting standard, and are classified as Other Business. Intersegment sales have been recorded at amounts approximating market. Operating profit for each segment is based on net sales less identifiable operating expenses. Also included in operating profit for each segment is equity in earnings of affiliates based on the equity method of accounting. Specified items included in total segment operating profit and certain corporate items are not allocated to the Company’s individual business segments because operating performance of each business segment is evaluated by management exclusive of these items. Corporate results principally include unallocated corporate expenses, interest cost net of interest income, and revaluation gains and losses on cost method investments and the share of the results of equity investments in early-stage start-up companies that ADM Ventures has investments in. For more information about the Company’s business segments, refer to Note 17 of “Notes to Consolidated Financial Statements” included in Item 8, “Financial Statements and Supplementary Data” included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022.
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
(In millions) | 2023 |  | 2022 |  | 2023 |  | 2022
Gross revenues |  |  |  |  |  |  |
Ag Services and Oilseeds | $ | 20,864 |  |  | $ | 22,468 |  |  | $ | 40,778 |  |  | $ | 41,600 |
Carbohydrate Solutions | 3,829 |  |  | 4,500 |  |  | 8,095 |  |  | 8,680 |
Nutrition | 1,926 |  |  | 2,055 |  |  | 3,870 |  |  | 4,021 |
Other Business | 112 |  |  | 101 |  |  | 215 |  |  | 208 |
Intersegment elimination | (1,541) |  |  | (1,840) |  |  | (3,696) |  |  | (3,575) |
Total gross revenues | $ | 25,190 |  |  | $ | 27,284 |  |  | $ | 49,262 |  |  | $ | 50,934 |
Intersegment sales |  |  |  |  |  |  |
Ag Services and Oilseeds | $ | 1,020 |  |  | $ | 1,039 |  |  | $ | 2,355 |  |  | $ | 1,918 |
Carbohydrate Solutions | 448 |  |  | 749 |  |  | 1,177 |  |  | 1,563 |
Nutrition | 73 |  |  | 52 |  |  | 164 |  |  | 94 |
Total intersegment sales | $ | 1,541 |  |  | $ | 1,840 |  |  | $ | 3,696 |  |  | $ | 3,575 |
Revenues from external customers |  |  |  |  |  |  |
Ag Services and Oilseeds |  |  |  |  |  |  |
Ag Services | $ | 13,366 |  |  | $ | 14,333 |  |  | $ | 25,061 |  |  | $ | 26,180 |
Crushing | 3,480 |  |  | 3,362 |  |  | 7,163 |  |  | 6,584 |
Refined Products and Other | 2,998 |  |  | 3,734 |  |  | 6,199 |  |  | 6,918 |
Total Ag Services and Oilseeds | 19,844 |  |  | 21,429 |  |  | 38,423 |  |  | 39,682 |
Carbohydrate Solutions |  |  |  |  |  |  |
Starches and Sweeteners | 2,475 |  |  | 2,519 |  |  | 5,212 |  |  | 5,017 |
Vantage Corn Processors | 906 |  |  | 1,232 |  |  | 1,706 |  |  | 2,100 |
Total Carbohydrate Solutions | 3,381 |  |  | 3,751 |  |  | 6,918 |  |  | 7,117 |
Nutrition |  |  |  |  |  |  |
Human Nutrition | 966 |  |  | 1,020 |  |  | 1,902 |  |  | 1,978 |
Animal Nutrition | 887 |  |  | 983 |  |  | 1,804 |  |  | 1,949 |
Total Nutrition | 1,853 |  |  | 2,003 |  |  | 3,706 |  |  | 3,927 |
Other Business | 112 |  |  | 101 |  |  | 215 |  |  | 208 |
Total revenues from external customers | $ | 25,190 |  |  | $ | 27,284 |  |  | $ | 49,262 |  |  | $ | 50,934 |
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
(In millions) | 2023 |  | 2022 |  | 2023 |  | 2022
Segment operating profit |  |  |  |  |  |  |
Ag Services and Oilseeds | $ | 1,054 |  |  | $ | 1,119 |  |  | $ | 2,264 |  |  | $ | 2,127 |
Carbohydrate Solutions | 303 |  |  | 473 |  |  | 576 |  |  | 790 |
Nutrition | 185 |  |  | 239 |  |  | 330 |  |  | 428 |
Other Business | 86 |  |  | 18 |  |  | 183 |  |  | 60 |
Specified Items: |  |  |  |  |  |  |
Gains on sales of assets(1) | 11 |  |  | — |  |  | 12 |  |  | 1 |
Impairment and restructuring charges and contingency provisions(2) | (114) |  |  | (9) |  |  | (121) |  |  | (27) |
Total segment operating profit | 1,525 |  |  | 1,840 |  |  | 3,244 |  |  | 3,379 |
Corporate | (393) |  |  | (321) |  |  | (715) |  |  | (589) |
Earnings before income taxes | $ | 1,132 |  |  | $ | 1,519 |  |  | $ | 2,529 |  |  | $ | 2,790 |
(1) Consists of gains related to the sale of certain assets in all periods presented. (2) Current quarter and year-to-date charges were related to the impairment of certain long-lived assets and intangibles, restructuring, and a contingent loss provision related to import duties. Prior-year quarter and year-to-date charges were related to the impairment of certain Ukraine assets. Prior year-to-date charges was partially offset by an insurance settlement.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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