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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of segment reporting information by segment | Net sales to affiliated and unaffiliated customers by reportable segment and All Other was as follows:
|  | Three Months Ended September 30, 2025
|  | T&HS |  | F&II–LATAM |  | F&II–U.S./Canada |  | All Other |  | Corporate |  | Total
Segment net sales |  | $ | 612 |  |  | $ | 597 |  |  | $ | 532 |  |  | $ | 122 |  |  | $ | — |  |  |
Inter-segment net sales |  | (7) |  |  | (12) |  |  | (25) |  |  | (3) |  |  | — |  |  |
Net sales to unaffiliated customers |  | $ | 605 |  |  | $ | 585 |  |  | $ | 507 |  |  | $ | 119 |  |  | $ | — |  |  | $ | 1,816 |
Segment cost of sales |  | $ | 418 |  |  | $ | 431 |  |  | $ | 403 |  |  | $ | 105 |  |  | $ | — |  |  |
Other operating expenses |  | 82 |  |  | 38 |  |  | 23 |  |  | 18 |  |  | 44 |  |  |
Adjusted operating income (loss) |  | $ | 105 |  |  | $ | 116 |  |  | $ | 81 |  |  | $ | (4) |  |  | $ | (44) |  |  | $ | 254 |
Unallocated costs (i) |  |  |  |  |  |  |  |  |  |  |  | (5) |
Operating income |  |  |  |  |  |  |  |  |  |  |  | $ | 249 |
|  | Three Months Ended September 30, 2024
|  | T&HS |  | F&II–LATAM |  | F&II–U.S./Canada |  | All Other |  | Corporate |  | Total
Segment net sales |  | $ | 611 |  |  | $ | 633 |  |  | $ | 567 |  |  | $ | 106 |  |  | $ | — |  |  |
Inter-segment net sales |  | (11) |  |  | (13) |  |  | (19) |  |  | (4) |  |  | — |  |  |
Net sales to unaffiliated customers |  | $ | 600 |  |  | $ | 620 |  |  | $ | 548 |  |  | $ | 102 |  |  | $ | — |  |  | $ | 1,870 |
Segment cost of sales |  | $ | 427 |  |  | $ | 450 |  |  | $ | 425 |  |  | $ | 89 |  |  | $ | — |  |  |
Other operating expenses |  | 77 |  |  | 39 |  |  | 24 |  |  | 17 |  |  | 40 |  |  |
Adjusted operating income (loss) |  | $ | 96 |  |  | $ | 131 |  |  | $ | 99 |  |  | $ | (4) |  |  | $ | (40) |  |  | $ | 282 |
Unallocated costs (i) |  |  |  |  |  |  |  |  |  |  |  | (14) |
Operating income |  |  |  |  |  |  |  |  |  |  |  | $ | 268 |
|  | Nine Months Ended September 30, 2025
|  | T&HS |  | F&II–LATAM |  | F&II–U.S./Canada |  | All Other |  | Corporate |  | Total
Segment net sales |  | $ | 1,831 |  |  | $ | 1,793 |  |  | $ | 1,635 |  |  | $ | 362 |  |  | $ | — |  |  |
Inter-segment net sales |  | (25) |  |  | (39) |  |  | (85) |  |  | (10) |  |  | — |  |  |
Net sales to unaffiliated customers |  | $ | 1,806 |  |  | $ | 1,754 |  |  | $ | 1,550 |  |  | $ | 352 |  |  | $ | — |  |  | $ | 5,462 |
Segment cost of sales |  | $ | 1,251 |  |  | $ | 1,285 |  |  | $ | 1,225 |  |  | $ | 304 |  |  | $ | — |  |  |
Other operating expenses |  | 240 |  |  | 99 |  |  | 66 |  |  | 53 |  |  | 139 |  |  |
Adjusted operating income (loss) |  | $ | 315 |  |  | $ | 370 |  |  | $ | 259 |  |  | $ | (5) |  |  | $ | (139) |  |  | $ | 800 |
Unallocated costs (i) |  |  |  |  |  |  |  |  |  |  |  | (4) |
Operating income |  |  |  |  |  |  |  |  |  |  |  | $ | 796 |
|  | Nine Months Ended September 30, 2024
|  | T&HS |  | F&II–LATAM |  | F&II–U.S./Canada |  | All Other |  | Corporate |  | Total
Segment net sales |  | $ | 1,827 |  |  | $ | 1,899 |  |  | $ | 1,714 |  |  | $ | 346 |  |  | $ | — |  |  |
Inter-segment net sales |  | (42) |  |  | (33) |  |  | (70) |  |  | (11) |  |  | — |  |  |
Net sales to unaffiliated customers |  | $ | 1,785 |  |  | $ | 1,866 |  |  | $ | 1,644 |  |  | $ | 335 |  |  | $ | — |  |  | $ | 5,630 |
Segment cost of sales |  | $ | 1,305 |  |  | $ | 1,389 |  |  | $ | 1,287 |  |  | $ | 299 |  |  | $ | — |  |  |
Other operating expenses |  | 224 |  |  | 115 |  |  | 66 |  |  | 54 |  |  | 123 |  |  |
Adjusted operating income (loss) |  | $ | 256 |  |  | $ | 362 |  |  | $ | 291 |  |  | $ | (18) |  |  | $ | (123) |  |  | $ | 768 |
Unallocated costs (i) |  |  |  |  |  |  |  |  |  |  |  | (47) |
Operating income |  |  |  |  |  |  |  |  |  |  |  | $ | 721 |
|  |  |  |  |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(i) Unallocated (costs) income: |  |  |  |  |  |  |  |  |  | 2025 |  | 2024 |  | 2025 |  | 2024
Restructuring and resegmentation costs |  |  |  |  |  |  |  |  |  | (3) |  |  | (6) |  |  | (7) |  |  | (12) |
Impairment charges |  |  |  |  |  |  |  |  |  | — |  |  | (8) |  |  | (6) |  |  | (26) |
Other matters |  |  |  |  |  |  |  |  |  | (2) |  |  | — |  |  | 9 |  |  | (9) |
Total unallocated (costs) income |  |  |  |  |  |  |  |  |  | $ | (5) |  |  | $ | (14) |  |  | $ | (4) |  |  | $ | (47) |
Property, plant and equipment, net by reportable segment and All Other was as follows:
|  | As of September 30, 2025 |  | As of December 31, 2024
Texture & Healthful Solutions |  | $ | 941 |  |  | $ | 884 |
Food & Industrial Ingredients–LATAM |  | 577 |  |  | 508 |
Food & Industrial Ingredients–U.S./Canada |  | 584 |  |  | 556 |
All Other (i) |  | 333 |  |  | 316 |
Total property, plant and equipment, net |  | $ | 2,435 |  |  | $ | 2,264 |
_____________________ (i)For purposes of presentation, All Other includes Corporate assets.

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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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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