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Revenues (Tables) | 9 Months Ended
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Sep. 30, 2024
Revenues [Abstract] |
Disaggregation of Revenues | The following tables present revenue disaggregated by timing of recognition and major product lines for the three and nine months ended September 30, 2024 and 2023 (in millions).
| Three Months Ended September 30, 2024
| Topic 606 Revenue | Topic 815(1) | Total
| Point in Time | Over Time | Total | Revenue | Revenues
Ag Services and Oilseeds |  |  |  |  |
Ag Services | $ | 824 |  | $ | 249 |  | $ | 1,073 |  | $ | 8,580 |  | $ | 9,653 |
Crushing | 97 |  | — |  | 97 |  | 2,772 |  | 2,869 |
Refined Products and Other | 529 |  | — |  | 529 |  | 2,038 |  | 2,567 |
Total Ag Services and Oilseeds | 1,450 |  | 249 |  | 1,699 |  | 13,390 |  | 15,089 |
Carbohydrate Solutions |  |  |  |  |
Starches and Sweeteners | 1,633 |  | — |  | 1,633 |  | 559 |  | 2,192 |
Vantage Corn Processors | 716 |  | — |  | 716 |  | — |  | 716 |
Total Carbohydrate Solutions | 2,349 |  | — |  | 2,349 |  | 559 |  | 2,908 |
Nutrition |  |  |  |  |
Human Nutrition | 1,004 |  | — |  | 1,004 |  | — |  | 1,004 |
Animal Nutrition | 827 |  | — |  | 827 |  | — |  | 827 |
Total Nutrition | 1,831 |  | — |  | 1,831 |  | — |  | 1,831 |
Total Segment Revenues | 5,630 |  | 249 |  | 5,879 |  | 13,949 |  | 19,828 |
Other Business | 109 |  | — |  | 109 |  | — |  | 109 |
Total Revenues | $ | 5,739 |  | $ | 249 |  | $ | 5,988 |  | $ | 13,949 |  | $ | 19,937 |
| Nine Months Ended September 30, 2024
| Topic 606 Revenue | Topic 815(1) | Total
| Point in Time | Over Time | Total | Revenue | Revenues
Ag Services and Oilseeds |  |  |  |  |
Ag Services | $ | 2,772 |  | $ | 694 |  | $ | 3,466 |  | $ | 29,131 |  | $ | 32,597 |
Crushing | 317 |  | — |  | 317 |  | 8,729 |  | 9,046 |
Refined Products and Other | 1,599 |  | — |  | 1,599 |  | 6,400 |  | 7,999 |
Total Ag Services and Oilseeds | 4,688 |  | 694 |  | 5,382 |  | 44,260 |  | 49,642 |
Carbohydrate Solutions |  |  |  |  |
Starches and Sweeteners | 4,881 |  | — |  | 4,881 |  | 1,678 |  | 6,559 |
Vantage Corn Processors | 1,925 |  | — |  | 1,925 |  | — |  | 1,925 |
Total Carbohydrate Solutions | 6,806 |  | — |  | 6,806 |  | 1,678 |  | 8,484 |
Nutrition |  |  |  |  |
Human Nutrition | 3,029 |  | — |  | 3,029 |  | — |  | 3,029 |
Animal Nutrition | 2,546 |  | — |  | 2,546 |  | — |  | 2,546 |
Total Nutrition | 5,575 |  | — |  | 5,575 |  | — |  | 5,575 |
Total Segment Revenues | 17,069 |  | 694 |  | 17,763 |  | 45,938 |  | 63,701 |
Other Business | 331 |  | — |  | 331 |  | — |  | 331 |
Total Revenues | $ | 17,400 |  | $ | 694 |  | $ | 18,094 |  | $ | 45,938 |  | $ | 64,032 |
| Three Months Ended September 30, 2023
| Topic 606 Revenue | Topic 815(1) | Total
| Point in Time | Over Time | Total | Revenue | Revenues
Ag Services and Oilseeds |  |  |  |  |
Ag Services | $ | 980 |  | $ | 174 |  | $ | 1,154 |  | $ | 9,044 |  | $ | 10,198 |
Crushing | 118 |  | — |  | 118 |  | 3,234 |  | 3,352 |
Refined Products and Other | 527 |  | — |  | 527 |  | 2,402 |  | 2,929 |
Total Ag Services and Oilseeds | 1,625 |  | 174 |  | 1,799 |  | 14,680 |  | 16,479 |
Carbohydrate Solutions |  |  |  |  |
Starches and Sweeteners | 1,831 |  | — |  | 1,831 |  | 617 |  | 2,448 |
Vantage Corn Processors | 877 |  | — |  | 877 |  | — |  | 877 |
Total Carbohydrate Solutions | 2,708 |  | — |  | 2,708 |  | 617 |  | 3,325 |
Nutrition |  |  |  |  |
Human Nutrition | 900 |  | — |  | 900 |  | — |  | 900 |
Animal Nutrition | 884 |  | — |  | 884 |  | — |  | 884 |
Total Nutrition | 1,784 |  | — |  | 1,784 |  | — |  | 1,784 |
Total Segment Revenues | 6,117 |  | 174 |  | 6,291 |  | 15,297 |  | 21,588 |
Other Business | 107 |  | — |  | 107 |  | — |  | 107 |
Total Revenues | $ | 6,224 |  | $ | 174 |  | $ | 6,398 |  | $ | 15,297 |  | $ | 21,695 |
| Nine Months Ended September 30, 2023
| Topic 606 Revenue | Topic 815(1) | Total
| Point in Time | Over Time | Total | Revenue | Revenues
Ag Services and Oilseeds |  |  |  |  |
Ag Services | $ | 3,068 |  | $ | 552 |  | $ | 3,620 |  | $ | 31,639 |  | $ | 35,259 |
Crushing | 341 |  | — |  | 341 |  | 10,174 |  | 10,515 |
Refined Products and Other | 1,730 |  | — |  | 1,730 |  | 7,398 |  | 9,128 |
Total Ag Services and Oilseeds | 5,139 |  | 552 |  | 5,691 |  | 49,211 |  | 54,902 |
Carbohydrate Solutions |  |  |  |  |
Starches and Sweeteners | 5,787 |  | — |  | 5,787 |  | 1,873 |  | 7,660 |
Vantage Corn Processors | 2,583 |  | — |  | 2,583 |  | — |  | 2,583 |
Total Carbohydrate Solutions | 8,370 |  | — |  | 8,370 |  | 1,873 |  | 10,243 |
Nutrition |  |  |  |  |
Human Nutrition | 2,802 |  | — |  | 2,802 |  | — |  | 2,802 |
Animal Nutrition | 2,688 |  | — |  | 2,688 |  | — |  | 2,688 |
Total Nutrition | 5,490 |  | — |  | 5,490 |  | — |  | 5,490 |
Total Segment Revenues | 18,999 |  | 552 |  | 19,551 |  | 51,084 |  | 70,635 |
Other Business | 322 |  | — |  | 322 |  | — |  | 322 |
Total Revenues | $ | 19,321 |  | $ | 552 |  | $ | 19,873 |  | $ | 51,084 |  | $ | 70,957 |
(1) Topic 815 revenue relates to the physical delivery or the settlement of the Company’s sales contracts that are accounted for as derivatives and are outside the scope of Topic 606.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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