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v3.20.2

Segment Information (Tables) | 6 Months Ended
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Jun. 27, 2020
Summary of specific financial information related to sales to external customers | ​
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Sales to External Customers: | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ | June 27, | ​ | June 29, | ​ | June 27, | ​ | June 29, |
(Millions of dollars) |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
Pork | ​ | $ | 459 | ​ | $ | 492 | ​ | $ | 914 | ​ | $ | 895 | ​
CT&M | ​ |  | 1,123 | ​ |  | 1,002 | ​ |  | 2,037 | ​ |  | 1,831 | ​
Marine | ​ |  | 192 | ​ |  | 259 | ​ |  | 461 | ​ |  | 513 | ​
Sugar and Alcohol | ​ |  | 18 | ​ |  | 30 | ​ |  | 40 | ​ |  | 55 | ​
Power | ​ |  | 13 | ​ |  | 33 | ​ |  | 30 | ​ |  | 62 | ​
All Other | ​ |  | 3 | ​ |  | 6 | ​ |  | 9 | ​ |  | 9 | ​
Segment/Consolidated Totals | ​ | $ | 1,808 | ​ | $ | 1,822 | ​ | $ | 3,491 | ​ | $ | 3,365 | ​
Summary of specific financial information related to operating income (loss) | ​
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Operating Income (Loss): | ​ | Three Months Ended | ​ | Six Months Ended |
​ | ​ | June 27, | ​ | June 29, | ​ | June 27, | ​ | June 29, | ​
(Millions of dollars) |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
Pork | ​ | $ | 11 | ​ | $ | 25 | ​ | $ | 43 | ​ | $ | (9) | ​
CT&M | ​ |  | 24 | ​ |  | 29 | ​ |  | 54 | ​ |  | 36 | ​
Marine | ​ |  | (11) | ​ |  | 4 | ​ |  | (17) | ​ |  | 4 | ​
Sugar and Alcohol | ​ |  | (2) | ​ |  | (4) | ​ |  | (3) | ​ |  | (8) | ​
Power | ​ |  | (1) | ​ |  | 8 | ​ |  | 1 | ​ |  | 12 | ​
All Other | ​ |  | — | ​ |  | — | ​ |  | 1 | ​ |  | 1 | ​
Segment Totals | ​ |  | 21 | ​ |  | 62 | ​ |  | 79 | ​ |  | 36 | ​
Corporate | ​ |  | (10) | ​ |  | (9) | ​ |  | (5) | ​ |  | (17) | ​
Consolidated Totals | ​ | $ | 11 | ​ | $ | 53 | ​ | $ | 74 | ​ | $ | 19 | ​
Summary of specific financial information related to income (loss) from affiliates | ​
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Income (Loss) from Affiliates: | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ | June 27, | ​ | June 29, | ​ | June 27, | ​ | June 29, |
(Millions of dollars) |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
Pork | ​ | $ | (4) | ​ | $ | (6) | ​ | $ | (3) | ​ | $ | (14) | ​
CT&M | ​ | ​ | — | ​ | ​ | (5) | ​ | ​ | 1 | ​ | ​ | (5) | ​
Marine | ​ | ​ | 1 | ​ | ​ | — | ​ | ​ | 2 | ​ | ​ | 1 | ​
Sugar and Alcohol | ​ |  | — | ​ |  | 1 | ​ |  | — | ​ |  | 1 | ​
Power | ​ | ​ | — | ​ | ​ | 2 | ​ | ​ | — | ​ | ​ | 2 | ​
Turkey | ​ |  | (14) | ​ |  | (8) | ​ |  | (21) | ​ |  | (19) | ​
Segment/Consolidated Totals | ​ | $ | (17) | ​ | $ | (16) | ​ | $ | (21) | ​ | $ | (34) | ​
Summary of specific financial information related to total assets | ​
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​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total Assets: | ​ | June 27, | ​ | December 31, |
(Millions of dollars) |  | 2020 |  | 2019 |
Pork | ​ | $ | 1,759 | ​ | $ | 1,802 | ​
CT&M | ​ |  | 1,570 | ​ |  | 1,621 | ​
Marine | ​ |  | 504 | ​ |  | 554 | ​
Sugar and Alcohol | ​ |  | 141 | ​ |  | 139 | ​
Power | ​ |  | 282 | ​ |  | 283 | ​
Turkey | ​ |  | 253 | ​ |  | 275 | ​
All Other | ​ |  | 7 | ​ |  | 10 | ​
Segment Totals | ​ |  | 4,516 | ​ |  | 4,684 | ​
Corporate | ​ |  | 1,357 | ​ |  | 1,601 | ​
Consolidated Totals | ​ | $ | 5,873 | ​ | $ | 6,285 | ​
Summary of specific financial information related to investments in and advances to affiliates | ​
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​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Investments in and Advances to Affiliates: | ​ | June 27, | ​ | December 31, |
(Millions of dollars) |  | 2020 |  | 2019 |
Pork | ​ | $ | 181 | ​ | $ | 183 | ​
CT&M | ​ | ​ | 231 | ​ | ​ | 237 | ​
Marine | ​ | ​ | 32 | ​ | ​ | 32 | ​
Sugar and Alcohol | ​ |  | 6 | ​ |  | 5 | ​
Power | ​ | ​ | 3 | ​ | ​ | 3 | ​
Turkey | ​ |  | 253 | ​ |  | 275 | ​
Segment/Consolidated Totals | ​ | $ | 706 | ​ | $ | 735 | ​
Butterball, LLC |
Summary of specific financial information related to equity method | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ | ​ | June 27, | ​ | ​ | June 29, | ​ | ​ | June 27, | ​ | ​ | June 29, | ​
(Millions of dollars) | ​ | ​ | 2020 | ​ |  | 2019 | ​ |  | 2020 | ​ |  | 2019 | ​
Net sales | ​ | $ | 327 | ​ | $ | 343 | ​ | $ | 645 | ​ | $ | 646 | ​
Operating loss | ​ | $ | (24) | ​ | $ | (8) | ​ | $ | (31) | ​ | $ | (27) | ​
Net loss | ​ | $ | (27) | ​ | $ | (16) | ​ | $ | (40) | ​ | $ | (37) | ​

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