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Inventories (Details) - USD ($) $ in Millions | Jun. 29, 2024 | Dec. 31, 2023
--- | --- | ---
At lower of FIFO cost and net realizable value ("NRV"): |  |
Hogs and materials | $ 488 | $ 527
Pork products and materials | 64 | 61
Grains, oilseeds and other commodities | 393 | 366
Biofuels and related credits | 153 | 160
Other | 109 | 124
Total inventories at lower of FIFO cost and NRV | 1,207 | 1,238
Grain, flour and feed at lower of weighted average cost and NRV | 192 | 224
Total inventories | $ 1,399 | $ 1,462

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