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v3.26.1

Segment Information - Reportable Segment Information Intersegment (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2026 | Jun. 30, 2025 | Jun. 30, 2026 | Jun. 30, 2025
Segment Information |  |  |  |
Total intersegment sales | $ 22,681 | $ 21,166 | $ 43,171 | $ 41,341
Depreciation expense | 233 | 228 | 467 | 452
Amortization expense | 60 | 63 | 119 | 126
Interest and investment (income) expense | 116 | (70) | 241 | 68
Equity in earnings of unconsolidated affiliates | 142 | 134 | 231 | 278
Intersegment sales |  |  |  |
Segment Information |  |  |  |
Total intersegment sales | 695 | 727 | 1,330 | 1,366
Intersegment sales | Ag Services and Oilseeds |  |  |  |
Segment Information |  |  |  |
Total intersegment sales | 488 | 506 | 910 | 927
Intersegment sales | Carbohydrate Solutions |  |  |  |
Segment Information |  |  |  |
Total intersegment sales | 194 | 207 | 392 | 406
Intersegment sales | Nutrition |  |  |  |
Segment Information |  |  |  |
Total intersegment sales | 13 | 14 | 28 | 33
Operating Segments |  |  |  |
Segment Information |  |  |  |
Total intersegment sales | 22,575 | 21,054 | 42,940 | 41,116
Depreciation expense | 220 | 217 | 442 | 428
Amortization expense | 42 | 43 | 85 | 86
Interest and investment (income) expense | 10 | (79) | 35 | (57)
Equity in earnings of unconsolidated affiliates | 141 | 135 | 229 | 281
Operating Segments | Ag Services and Oilseeds |  |  |  |
Segment Information |  |  |  |
Total intersegment sales | 17,916 | 16,269 | 33,917 | 31,944
Depreciation expense | 103 | 104 | 204 | 203
Amortization expense | 3 | 3 | 6 | 6
Interest and investment (income) expense | 10 | 9 | 34 | 31
Equity in earnings of unconsolidated affiliates | 102 | 109 | 151 | 219
Operating Segments | Carbohydrate Solutions |  |  |  |
Segment Information |  |  |  |
Total intersegment sales | 2,757 | 2,792 | 5,316 | 5,362
Depreciation expense | 76 | 75 | 155 | 150
Amortization expense | 1 | 1 | 2 | 2
Interest and investment (income) expense | 0 | 0 | 1 | 0
Equity in earnings of unconsolidated affiliates | 31 | 21 | 65 | 50
Operating Segments | Nutrition |  |  |  |
Segment Information |  |  |  |
Total intersegment sales | 1,902 | 1,993 | 3,707 | 3,810
Depreciation expense | 41 | 38 | 83 | 75
Amortization expense | 38 | 39 | 77 | 78
Interest and investment (income) expense | 0 | (88) | 0 | (88)
Equity in earnings of unconsolidated affiliates | 8 | 5 | 13 | 12
Other Business |  |  |  |
Segment Information |  |  |  |
Total intersegment sales | 106 | 112 | 231 | 225
Depreciation expense | 3 | 2 | 6 | 5
Interest and investment (income) expense | 99 | 100 | 193 | 197
Corporate |  |  |  |
Segment Information |  |  |  |
Depreciation expense | 10 | 9 | 19 | 19
Amortization expense | 18 | 20 | 34 | 40
Interest and investment (income) expense | 7 | (91) | 13 | (72)
Equity in earnings of unconsolidated affiliates | $ 1 | $ (1) | $ 2 | $ (3)

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