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Segment and Geographic Information (Tables)
12 Months Ended
Jun. 30, 2011
Segment and Geographic Information  
Segment Information

 

 

 

2011

 

2010

 

2009

 

 

 

(In millions)

 

Sales to external customers

 

 

 

 

 

 

 

Oilseeds Processing

 

$

26,662

 

$

21,810

 

$

23,948

 

Corn Processing

 

9,908

 

7,873

 

7,628

 

Agricultural Services

 

37,927

 

26,757

 

32,249

 

Other

 

6,179

 

5,242

 

5,382

 

Total

 

$

80,676

 

$

61,682

 

$

69,207

 

 

 

 

 

 

 

 

 

Intersegment sales

 

 

 

 

 

 

 

Oilseeds Processing

 

$

2,118

 

$

1,318

 

$

679

 

Corn Processing

 

194

 

103

 

175

 

Agricultural Services

 

3,726

 

2,784

 

3,822

 

Other

 

150

 

146

 

153

 

Total

 

$

6,188

 

$

4,351

 

$

4,829

 

 

 

 

 

 

 

 

 

Net sales

 

 

 

 

 

 

 

Oilseeds Processing

 

$

28,780

 

$

23,128

 

$

24,627

 

Corn Processing

 

10,102

 

7,976

 

7,803

 

Agricultural Services

 

41,653

 

29,541

 

36,071

 

Other

 

6,329

 

5,388

 

5,535

 

Intersegment elimination

 

(6,188

)

(4,351

)

(4,829

)

Total

 

$

80,676

 

$

61,682

 

$

69,207

 

 

 

 

 

 

 

 

 

Depreciation

 

 

 

 

 

 

 

Oilseeds Processing

 

$

168

 

$

188

 

$

190

 

Corn Processing

 

399

 

412

 

319

 

Agricultural Services

 

128

 

112

 

96

 

Other

 

107

 

116

 

101

 

Corporate

 

25

 

29

 

24

 

Total

 

$

827

 

$

857

 

$

730

 

 

 

 

 

 

 

 

 

Asset abandonments and write-downs

 

 

 

 

 

 

 

Oilseeds Processing

 

$

 

$

4

 

$

4

 

Corn Processing

 

 

 

 

Other

 

2

 

5

 

9

 

Total

 

$

2

 

$

9

 

$

13

 

 

 

 

 

 

 

 

 

Interest expense

 

 

 

 

 

 

 

Oilseeds Processing

 

$

43

 

$

37

 

$

89

 

Corn Processing

 

9

 

8

 

17

 

Agricultural Services

 

51

 

31

 

80

 

Other

 

50

 

50

 

86

 

Corporate

 

329

 

296

 

197

 

Total

 

$

482

 

$

422

 

$

469

 

 


 

 

 

2011

 

2010

 

2009

 

 

 

(In millions)

 

Interest income

 

 

 

 

 

 

 

Oilseeds Processing

 

$

28

 

$

34

 

$

36

 

Corn Processing

 

 

1

 

 

Agricultural Services

 

48

 

26

 

29

 

Other

 

46

 

52

 

79

 

Corporate

 

14

 

13

 

37

 

Total

 

$

136

 

$

126

 

$

181

 

 

 

 

 

 

 

 

 

Equity in earnings of affiliates

 

 

 

 

 

 

 

Oilseeds Processing

 

$

212

 

$

305

 

$

283

 

Corn Processing

 

83

 

78

 

44

 

Agricultural Services

 

105

 

76

 

76

 

Other

 

135

 

86

 

(253

)

Corporate

 

7

 

16

 

(5

)

Total

 

$

542

 

$

561

 

$

145

 

 

 

 

 

 

 

 

 

Operating profit

 

 

 

 

 

 

 

Oilseeds Processing

 

$

1,524

 

$

1,400

 

$

1,280

 

Corn Processing

 

1,062

 

722

 

185

 

Agricultural Services

 

922

 

668

 

994

 

Other

 

513

 

449

 

(6

)

Total operating profit

 

4,021

 

3,239

 

2,453

 

Corporate

 

(1,006

)

(654

)

47

 

Earnings before income taxes

 

$

3,015

 

$

2,585

 

$

2,500

 

 

 

 

 

 

 

 

 

Investments in and advances to affiliates

 

 

 

 

 

 

 

Oilseeds Processing

 

$

1,647

 

$

1,563

 

 

 

Corn Processing

 

483

 

361

 

 

 

Agricultural Services

 

297

 

224

 

 

 

Other

 

395

 

302

 

 

 

Corporate

 

418

 

349

 

 

 

Total

 

$

3,240

 

$

2,799

 

 

 

 

 

 

 

 

 

 

 

Identifiable assets

 

 

 

 

 

 

 

Oilseeds Processing

 

$

13,629

 

$

9,618

 

 

 

Corn Processing

 

7,606

 

6,822

 

 

 

Agricultural Services

 

9,779

 

5,888

 

 

 

Other

 

10,420

 

7,700

 

 

 

Corporate

 

759

 

1,780

 

 

 

Total

 

$

42,193

 

$

31,808

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2011

 

2010

 

 

 

(In millions)

 

Gross additions to property, plant, and equipment

 

 

 

 

 

Oilseeds Processing

 

$

620

 

$

349

 

Corn Processing

 

349

 

915

 

Agricultural Services

 

339

 

320

 

Other

 

164

 

149

 

Corporate

 

40

 

55

 

Total

 

$

1,512

 

$

1,788

 

Geographic Information

 

 

 

2011

 

2010

 

2009

 

 

 

(In millions)

 

Net sales and other operating income

 

 

 

 

 

 

 

United States

 

$

42,390

 

$

33,362

 

$

35,485

 

Switzerland

 

8,413

 

5,770

 

3,650

 

Germany

 

6,217

 

6,424

 

7,431

 

Other Foreign

 

23,656

 

16,126

 

22,641

 

 

 

$

80,676

 

$

61,682

 

$

69,207

 

 

 

 

 

 

 

 

 

Long-lived assets

 

 

 

 

 

 

 

United States

 

$

7,394

 

$

6,964

 

 

 

Foreign

 

2,450

 

2,010

 

 

 

 

 

$

9,844

 

$

8,974