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Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2024
Investments in Affiliates  
Schedule of non-consolidated affiliates

Investments in and

Income (Loss)

Advances to Affiliates

from Affiliates

 

December 31,

Years ended December 31,

(Millions of dollars)

 

2024

    

2023

2024

    

2023

    

2022

Pork

$

154

$

154

$

26

$

32

$

24

CT&M

164

164

17

(18)

21

Turkey

 

375

 

370

 

37

 

87

 

103

Other

45

43

5

4

4

Segment/Consolidated Totals

$

738

$

731

$

85

$

105

$

152

Pork  
Investments in Affiliates  
Schedule of non-consolidated affiliates

Pork Segment

    

December 31,

(Millions of dollars)

2024

2023

2022

Net sales

$

2,376

$

2,205

$

2,417

Net income

$

52

$

65

$

48

Total assets

$

608

$

604

$

615

Total liabilities

$

302

$

299

$

312

Total equity

$

306

$

305

$

303

CT&M  
Investments in Affiliates  
Schedule of non-consolidated affiliates

CT&M Segment

December 31,

(Millions of dollars)

    

2024

    

2023

    

2022

Net sales

$

1,597

 

$

3,088

 

$

3,186

Net income (loss)

$

50

 

$

(79)

 

$

40

Total assets

$

779

 

$

960

 

$

1,848

Total liabilities

$

411

 

$

569

 

$

1,250

Total equity

$

368

 

$

391

 

$

598

Turkey  
Investments in Affiliates  
Schedule of non-consolidated affiliates

Turkey Segment

December 31,

(Millions of dollars)

    

2024

    

2023

    

2022

Net sales

$

1,883

 

$

2,025

 

$

2,050

Operating income

$

86

$

182

$

202

Net income

$

71

 

$

166

 

$

196

Total assets

$

1,131

 

$

1,120

 

$

1,081

Total liabilities

$

409

 

$

408

 

$

406

Total equity

$

722

 

$

712

 

$

675

Other  
Investments in Affiliates  
Schedule of non-consolidated affiliates

Other

    

December 31,

(Millions of dollars)

 

2024

2023

2022

Net sales

$

74

$

69

$

91

Net income

$

21

$

22

$

21

Total assets

$

311

$

248

$

271

Total liabilities

$

82

$

75

$

66

Total equity

$

229

$

173

$

205