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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Amount of Goodwill | Changes in the carrying amount of goodwill by reportable segment and Other Business for the years ended December 31, 2024 and 2023 are as follows (in millions):
| Ag Services & Oilseeds |  | Carbohydrate Solutions |  | Nutrition |  | Other Business |  | Total
Balance at December 31, 2022 | $ | 193 |  |  | $ | 224 |  |  | $ | 3,731 |  |  | $ | 14 |  |  | $ | 4,162 |
Acquisitions | 20 |  |  | — |  |  | — |  |  | — |  |  | 20 |
Impairments | — |  |  | — |  |  | (137) |  |  | — |  |  | (137) |
Currency translation adjustments and other | 22 |  |  | — |  |  | 46 |  |  | (10) |  |  | 58 |
Balance at December 31, 2023 | $ | 235 |  |  | $ | 224 |  |  | $ | 3,640 |  |  | $ | 4 |  |  | $ | 4,103 |
Acquisitions | — |  |  | — |  |  | 557 |  |  | — |  |  | 557 |
Currency translation adjustments and other | (17) |  |  | (8) |  |  | (127) |  |  | 1 |  |  | (151) |
Balance at December 31, 2024 | $ | 218 |  |  | $ | 216 |  |  | $ | 4,070 |  |  | $ | 5 |  |  | $ | 4,509 |
Schedule of Other Intangible Assets | The following table sets forth the detail on other intangible assets.
|  |  |  |  | December 31, 2024 |  | December 31, 2023
| Useful |  | Gross |  | Accumulated |  |  |  | Gross |  | Accumulated |  |
| Life |  | Amount |  | Amortization |  | Net |  | Amount |  | Amortization |  | Net
| (In years) |  | (In millions)
Intangible assets with indefinite lives: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks/brands |  |  |  |  | $ | 290 |  |  | $ | — |  |  | $ | 290 |  |  | $ | 375 |  |  | $ | — |  |  | $ | 375 |
Other |  |  |  |  | — |  |  | — |  |  | — |  |  | 58 |  |  | — |  |  | 58 |
Intangible assets with definite lives: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks/brands | 5 | to | 20 |  | 86 |  |  | (42) |  |  | 44 |  |  | 53 |  |  | (35) |  |  | 18 |
Customer lists | 1 | to | 30 |  | 1,687 |  |  | (708) |  |  | 979 |  |  | 1,544 |  |  | (627) |  |  | 917 |
Capitalized software and related costs | 5 | to | 8 |  | 964 |  |  | (612) |  |  | 352 |  |  | 950 |  |  | (523) |  |  | 427 |
Land rights | 20 | to | 65 |  | 89 |  |  | (27) |  |  | 62 |  |  | 107 |  |  | (30) |  |  | 77 |
Other intellectual property | 5 | to | 20 |  | 187 |  |  | (142) |  |  | 45 |  |  | 211 |  |  | (135) |  |  | 76 |
Recipes and other | 1 | to | 35 |  | 620 |  |  | (339) |  |  | 281 |  |  | 511 |  |  | (304) |  |  | 207 |
Intangible assets in process |  |  |  |  | 207 |  |  | — |  |  | 207 |  |  | 83 |  |  | — |  |  | 83 |
Total |  |  |  |  | $ | 4,130 |  |  | $ | (1,870) |  |  | $ | 2,260 |  |  | $ | 3,892 |  |  | $ | (1,654) |  |  | $ | 2,238 |
Schedule of Other Intangible Assets | The following table sets forth the detail on other intangible assets.
|  |  |  |  | December 31, 2024 |  | December 31, 2023
| Useful |  | Gross |  | Accumulated |  |  |  | Gross |  | Accumulated |  |
| Life |  | Amount |  | Amortization |  | Net |  | Amount |  | Amortization |  | Net
| (In years) |  | (In millions)
Intangible assets with indefinite lives: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks/brands |  |  |  |  | $ | 290 |  |  | $ | — |  |  | $ | 290 |  |  | $ | 375 |  |  | $ | — |  |  | $ | 375 |
Other |  |  |  |  | — |  |  | — |  |  | — |  |  | 58 |  |  | — |  |  | 58 |
Intangible assets with definite lives: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks/brands | 5 | to | 20 |  | 86 |  |  | (42) |  |  | 44 |  |  | 53 |  |  | (35) |  |  | 18 |
Customer lists | 1 | to | 30 |  | 1,687 |  |  | (708) |  |  | 979 |  |  | 1,544 |  |  | (627) |  |  | 917 |
Capitalized software and related costs | 5 | to | 8 |  | 964 |  |  | (612) |  |  | 352 |  |  | 950 |  |  | (523) |  |  | 427 |
Land rights | 20 | to | 65 |  | 89 |  |  | (27) |  |  | 62 |  |  | 107 |  |  | (30) |  |  | 77 |
Other intellectual property | 5 | to | 20 |  | 187 |  |  | (142) |  |  | 45 |  |  | 211 |  |  | (135) |  |  | 76 |
Recipes and other | 1 | to | 35 |  | 620 |  |  | (339) |  |  | 281 |  |  | 511 |  |  | (304) |  |  | 207 |
Intangible assets in process |  |  |  |  | 207 |  |  | — |  |  | 207 |  |  | 83 |  |  | — |  |  | 83 |
Total |  |  |  |  | $ | 4,130 |  |  | $ | (1,870) |  |  | $ | 2,260 |  |  | $ | 3,892 |  |  | $ | (1,654) |  |  | $ | 2,238 |

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