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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment  
Summary of property, plant and equipment

Useful

December 31,

(Millions of dollars)

    

Lives

    

2024

    

2023

Land and improvements

 

3

-

15

years

$

470

$

369

Buildings and improvements

 

25

-

30

years

 

859

 

802

Machinery and equipment

 

3

-

25

years

 

2,443

 

2,120

Vessels

 

10

-

25

years

 

372

 

271

Vehicles

3

-

8

years

136

127

Office furniture and fixtures

 

3

-

10

years

 

50

 

45

Contract growers

5

-

15

years

155

156

Construction in progress

 

237

 

476

Total property, plant and equipment

 

4,722

 

4,366

Accumulated depreciation and amortization

 

(2,162)

 

(1,956)

Net property, plant and equipment

$

2,560

$

2,410