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Segment Information (Tables) | 9 Months Ended
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Oct. 02, 2021
Segment Information |
Schedule of sales disaggregated by revenue source and segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net Sales: | ​ | ​ | Three Months Ended October 2, 2021 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Sugar | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​ | ​ | ​ | All | ​ | ​ | Consolidated | ​
(Millions of dollars) | ​ | ​ | Pork | ​ | ​ | CT&M | ​ | ​ | Marine | ​ | ​ | Alcohol | ​ | ​ | Power | ​ | ​ | Other | ​ | ​ | Totals | ​
Major Products/Services Lines: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Products | ​ | $ | 527 | ​ | $ | 1,264 | ​ | $ | — | ​ | $ | 29 | ​ | $ | — | ​ | $ | 4 | ​ | $ | 1,824 | ​
Transportation | ​ | ​ | 3 | ​ | ​ | — | ​ | ​ | 343 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 346 | ​
Energy | ​ | ​ | 84 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 3 | ​ | ​ | 10 | ​ | ​ | — | ​ | ​ | 97 | ​
Other | ​ | ​ | 6 | ​ | ​ | 3 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 9 | ​
Segment/Consolidated Totals | ​ | $ | 620 | ​ | $ | 1,267 | ​ | $ | 343 | ​ | $ | 32 | ​ | $ | 10 | ​ | $ | 4 | ​ | $ | 2,276 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net Sales: | ​ | ​ | Three Months Ended September 26, 2020 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Sugar | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​ | ​ | ​ | All | ​ | ​ | Consolidated | ​
(Millions of dollars) | ​ | ​ | Pork | ​ | ​ | CT&M | ​ | ​ | Marine | ​ | ​ | Alcohol | ​ | ​ | Power | ​ | ​ | Other | ​ | ​ | Totals | ​
Major Products/Services Lines: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Products | ​ | $ | 391 | ​ | $ | 877 | ​ | $ | — | ​ | $ | 26 | ​ | $ | — | ​ | $ | 3 | ​ | $ | 1,297 | ​
Transportation | ​ | ​ | 2 | ​ | ​ | — | ​ | ​ | 244 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 246 | ​
Energy | ​ | ​ | 65 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 5 | ​ | ​ | 21 | ​ | ​ | — | ​ | ​ | 91 | ​
Other | ​ | ​ | 8 | ​ | ​ | 3 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 11 | ​
Segment/Consolidated Totals | ​ | $ | 466 | ​ | $ | 880 | ​ | $ | 244 | ​ | $ | 31 | ​ | $ | 21 | ​ | $ | 3 | ​ | $ | 1,645 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net Sales: | ​ | ​ | Nine Months Ended October 2, 2021 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Sugar | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​ | ​ | ​ | All | ​ | ​ | Consolidated | ​
(Millions of dollars) | ​ | ​ | Pork | ​ | ​ | CT&M | ​ | ​ | Marine | ​ | ​ | Alcohol | ​ | ​ | Power | ​ | ​ | Other | ​ | ​ | Totals | ​
Major Products/Services Lines: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Products | ​ | $ | 1,618 | ​ | $ | 3,784 | ​ | $ | — | ​ | $ | 79 | ​ | $ | — | ​ | $ | 11 | ​ | $ | 5,492 | ​
Transportation | ​ | ​ | 6 | ​ | ​ | — | ​ | ​ | 962 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1 | ​ | ​ | 969 | ​
Energy | ​ | ​ | 236 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 5 | ​ | ​ | 34 | ​ | ​ | — | ​ | ​ | 275 | ​
Other | ​ | ​ | 18 | ​ | ​ | 11 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 29 | ​
Segment/Consolidated Totals | ​ | $ | 1,878 | ​ | $ | 3,795 | ​ | $ | 962 | ​ | $ | 84 | ​ | $ | 34 | ​ | $ | 12 | ​ | $ | 6,765 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net Sales: | ​ | ​ | Nine Months Ended September 26, 2020
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Sugar | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | and | ​ | ​ | ​ | ​ | ​ | All | ​ | ​ | Consolidated | ​
(Millions of dollars) | ​ | ​ | Pork | ​ | ​ | CT&M | ​ | ​ | Marine | ​ | ​ | Alcohol | ​ | ​ | Power | ​ | ​ | Other | ​ | ​ | Totals | ​
Major Products/Services Lines: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Products | ​ | $ | 1,205 | ​ | $ | 2,906 | ​ | $ | — | ​ | $ | 65 | ​ | $ | — | ​ | $ | 12 | ​ | $ | 4,188 | ​
Transportation | ​ | ​ | 6 | ​ | ​ | — | ​ | ​ | 705 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 711 | ​
Energy | ​ | ​ | 145 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 6 | ​ | ​ | 51 | ​ | ​ | — | ​ | ​ | 202 | ​
Other | ​ | ​ | 24 | ​ | ​ | 11 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 35 | ​
Segment/Consolidated Totals | ​ | $ | 1,380 | ​ | $ | 2,917 | ​ | $ | 705 | ​ | $ | 71 | ​ | $ | 51 | ​ | $ | 12 | ​ | $ | 5,136 | ​
Summary of specific financial information related to operating income (loss) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating Income (Loss): | ​ | Three Months Ended | ​ | Nine Months Ended |
​ | ​ | October 2, | ​ | September 26, | ​ | October 2, | ​ | September 26, | ​
(Millions of dollars) |  | 2021 |  | 2020 |  | 2021 |  | 2020 |
Pork | ​ | $ | 52 | ​ | $ | 14 | ​ | $ | 242 | ​ | ​ | 55 | ​
CT&M | ​ |  | 25 | ​ |  | 28 | ​ |  | 57 | ​ | ​ | 82 | ​
Marine | ​ |  | 42 | ​ |  | 14 | ​ |  | 95 | ​ | ​ | (3) | ​
Sugar and Alcohol | ​ |  | — | ​ |  | (1) | ​ |  | — | ​ | ​ | (4) | ​
Power | ​ |  | (3) | ​ |  | 3 | ​ |  | (10) | ​ |  | 4 | ​
All Other | ​ |  | — | ​ |  | — | ​ |  | 1 | ​ |  | 1 | ​
Segment Totals | ​ |  | 116 | ​ |  | 58 | ​ |  | 385 | ​ |  | 135 | ​
Corporate | ​ |  | (4) | ​ |  | (19) | ​ |  | (16) | ​ |  | (24) | ​
Consolidated Totals | ​ | $ | 112 | ​ | $ | 39 | ​ | $ | 369 | ​ | $ | 111 | ​
Summary of specific financial information related to income (loss) from affiliates | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​
Income (Loss) from Affiliates: | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ | ​ | October 2, | ​ | September 26, | ​ | October 2, | ​ | September 26, |
(Millions of dollars) |  | 2021 |  | 2020 |  | 2021 |  | 2020 |
Pork | ​ | $ | — | ​ | $ | — | ​ | $ | (2) | ​ | $ | (3) | ​
CT&M | ​ | ​ | 7 | ​ | ​ | (3) | ​ | ​ | 17 | ​ | ​ | (2) | ​
Marine | ​ | ​ | 2 | ​ | ​ | 1 | ​ | ​ | 4 | ​ | ​ | 3 | ​
Sugar and Alcohol | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​
Power | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​
Turkey | ​ |  | (10) | ​ |  | (4) | ​ |  | (19) | ​ |  | (25) | ​
Segment/Consolidated Totals | ​ | $ | (1) | ​ | $ | (6) | ​ | $ | — | ​ | $ | (27) | ​
Summary of specific financial information related to total assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total Assets: | ​ | October 2, | ​ | December 31, |
(Millions of dollars) |  | 2021 |  | 2020 |
Pork | ​ | $ | 2,226 | ​ | $ | 1,927 | ​
CT&M | ​ |  | 1,918 | ​ |  | 1,585 | ​
Marine | ​ |  | 629 | ​ |  | 508 | ​
Sugar and Alcohol | ​ |  | 153 | ​ |  | 153 | ​
Power | ​ |  | 332 | ​ |  | 302 | ​
Turkey | ​ |  | 245 | ​ |  | 265 | ​
All Other | ​ |  | 8 | ​ |  | 6 | ​
Segment Totals | ​ |  | 5,511 | ​ |  | 4,746 | ​
Corporate | ​ |  | 1,746 | ​ |  | 1,653 | ​
Consolidated Totals | ​ | $ | 7,257 | ​ | $ | 6,399 | ​
Summary of specific financial information related to investments in and advances to affiliates | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Investments in and Advances to Affiliates: | ​ | October 2, | ​ | December 31, |
(Millions of dollars) |  | 2021 |  | 2020 |
Pork | ​ | $ | 147 | ​ | $ | 172 | ​
CT&M | ​ | ​ | 227 | ​ | ​ | 222 | ​
Marine | ​ | ​ | 31 | ​ | ​ | 30 | ​
Sugar and Alcohol | ​ |  | 3 | ​ |  | 6 | ​
Power | ​ | ​ | 3 | ​ | ​ | 3 | ​
Turkey | ​ |  | 245 | ​ |  | 265 | ​
Segment/Consolidated Totals | ​ | $ | 656 | ​ | $ | 698 | ​
Butterball, LLC |
Segment Information |
Summary of specific financial information related to equity method | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ | ​ | October 2, | ​ | September 26, | ​ | October 2, | ​ | September 26, | ​
(Millions of dollars) | ​ | 2021 |  | 2020 |  | 2021 |  | 2020 | ​
Net sales | ​ | $ | 464 | ​ | $ | 407 | ​ | $ | 1,176 | ​ | $ | 1,052 | ​
Operating loss | ​ | $ | (15) | ​ | $ | (3) | ​ | $ | (35) | ​ | $ | (34) | ​
Net loss | ​ | $ | (18) | ​ | $ | (7) | ​ | $ | (36) | ​ | $ | (47) | ​

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