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Segment Information | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company’s operations include three reportable business segments that are distinguished primarily on the basis of products and services offered as well as the management structure. The Trade business includes commodity merchandising and the operation of terminal grain elevator facilities. The Renewables business produces, purchases and sells ethanol and co-products. The segment also operates a merchandising portfolio of ethanol, ethanol co-products and other biofuels such as renewable diesel feedstocks. The Nutrient & Industrial (formerly Plant Nutrient) business manufactures and distributes plant nutrient products such as agricultural inputs, primarily fertilizers and turf care products along with industrial products such as deicers, dust abatement solutions, and corncob-cased products. The segment was rebranded in 2023 to reflect the portfolio of market offerings in the segment. Other includes corporate income and expense and cost for functions that provide support and services to the operating segments, as well as other elimination and consolidation adjustments. The segment information below includes the allocation of expenses shared by one or more operating segments. Although management believes such allocations are reasonable, the operating information does not necessarily reflect how such data might appear if the segments were operated as separate businesses. The Company does not have any customers who represent 10 percent, or more, of total revenues.
| Year Ended December 31,
(in thousands) | 2023 |  | 2022 |  | 2021
Revenues from external customers |  |  |  |  |
Trade | $ | 10,426,083 |  |  | $ | 13,047,537 |  |  | $ | 9,304,357 |
Renewables | 3,380,632 |  |  | 3,178,539 |  |  | 2,440,798 |
Nutrient & Industrial | 943,397 |  |  | 1,099,308 |  |  | 866,895 |
Total | $ | 14,750,112 |  |  | $ | 17,325,384 |  |  | $ | 12,612,050 |
| Year Ended December 31,
(in thousands) | 2023 |  | 2022 |  | 2021
Interest expense (income) |  |  |  |  |
Trade | $ | 35,234 |  |  | $ | 42,551 |  |  | $ | 23,688 |
Renewables | 6,385 |  |  | 8,775 |  |  | 7,602 |
Nutrient & Industrial | 7,016 |  |  | 7,298 |  |  | 4,355 |
Other | (1,768) |  |  | (1,775) |  |  | 1,647 |
Total | $ | 46,867 |  |  | $ | 56,849 |  |  | $ | 37,292 |
| Year Ended December 31,
(in thousands) | 2023 |  | 2022 |  | 2021
Other income, net |  |  |  |  |
Trade | $ | 29,988 |  |  | $ | 12,661 |  |  | $ | 35,878 |
Renewables | 15,056 |  |  | 20,731 |  |  | 3,200 |
Nutrient & Industrial | 2,391 |  |  | 3,001 |  |  | 2,128 |
Other | 3,048 |  |  | (2,570) |  |  | (3,768) |
Total | $ | 50,483 |  |  | $ | 33,823 |  |  | $ | 37,438 |
| Year Ended December 31,
(in thousands) | 2023 |  | 2022 |  | 2021
Income (loss) before income taxes from continuing operations |  |  |  |  |
Trade | $ | 96,234 |  |  | $ | 95,225 |  |  | $ | 87,946 |
Renewables (a) | 91,175 |  |  | 108,221 |  |  | 81,205 |
Nutrient & Industrial | 25,049 |  |  | 39,162 |  |  | 42,615 |
Other | (42,895) |  |  | (48,026) |  |  | (50,996) |
Income before income taxes from continuing operations | $ | 169,563 |  |  | $ | 194,582 |  |  | $ | 160,770 |
(a) Includes income attributable to noncontrolling interests of $31.3 million, $35.9 million and $31.9 million for the years ended December 31, 2023, 2022, and 2021, respectively.
| December 31,
(in thousands) | 2023 |  | 2022
Identifiable assets |  |  |
Trade | $ | 2,164,578 |  |  | $ | 3,166,813 |
Renewables | 763,203 |  |  | 835,860 |
Nutrient & Industrial | 434,674 |  |  | 530,596 |
Other | 492,552 |  |  | 74,727 |
Total assets | $ | 3,855,007 |  |  | $ | 4,607,996 |
| Year Ended December 31,
(in thousands) | 2023 |  | 2022 |  | 2021
Purchases of property, plant and equipment and capitalized software |  |  |  |  |
Trade | $ | 49,728 |  |  | $ | 29,433 |  |  | $ | 17,828 |
Renewables | 54,546 |  |  | 42,734 |  |  | 28,502 |
Nutrient & Industrial | 42,524 |  |  | 34,678 |  |  | 21,616 |
Other | 3,645 |  |  | 1,439 |  |  | 3,828 |
Total | $ | 150,443 |  |  | $ | 108,284 |  |  | $ | 71,774 |
| Year Ended December 31,
(in thousands) | 2023 |  | 2022 |  | 2021
Depreciation and amortization |  |  |  |  |
Trade | $ | 36,109 |  |  | $ | 35,953 |  |  | $ | 44,335 |
Renewables | 51,408 |  |  | 63,458 |  |  | 77,542 |
Nutrient & Industrial | 29,268 |  |  | 26,634 |  |  | 25,957 |
Other | 8,321 |  |  | 8,697 |  |  | 9,340 |
Total from continuing operations | 125,106 |  |  | 134,742 |  |  | 157,174 |
Discontinued operations | — |  |  | — |  |  | 21,760 |
Total | $ | 125,106 |  |  | $ | 134,742 |  |  | $ | 178,934 |
| Year Ended December 31,
(in thousands) | 2023 |  | 2022 |  | 2021
Revenues from external customers by geographic region |  |  |  |  |
United States | $ | 9,772,619 |  |  | $ | 12,503,330 |  |  | $ | 9,771,502 |
Canada | 694,774 |  |  | 1,199,487 |  |  | 806,481 |
Mexico | 533,012 |  |  | 493,111 |  |  | 490,672 |
Egypt | 462,068 |  |  | 573,371 |  |  | 73,654 |
Switzerland | 373,305 |  |  | 373,737 |  |  | 487,363 |
Other | 2,914,334 |  |  | 2,182,348 |  |  | 982,378 |
Total | $ | 14,750,112 |  |  | $ | 17,325,384 |  |  | $ | 12,612,050 |
Substantially all of the Company's long-lived assets are located within the United States. At December 31, 2023, the Company had approximately $36.1 million in long-lived assets abroad with substantially all of the foreign long-lived assets located within Canada for both periods presented

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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