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Inventories (Details) - USD ($) $ in Millions | Sep. 26, 2020 | Dec. 31, 2019
--- | --- | ---
At lower of LIFO cost or market: |  |
Hogs and materials | $ 394 | $ 387
Fresh pork and materials | 29 | 46
LIFO adjustment | (71) | (64)
Total inventories at lower of LIFO cost or market | 352 | 369
At lower of FIFO cost and net realizable value: |  |
Grains, oilseeds and other commodities | 424 | 353
Sugar produced and in process | 26 | 17
Other | 118 | 109
Total inventories at lower of FIFO cost and NRV | 568 | 479
Grain, flour and feed at lower of weighted average cost and NRV | 142 | 174
Total inventories | $ 1,062 | $ 1,022

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- Definition Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date, of live hogs and materials, before LIFO adjustment. + References No definition available. + Details
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