Segment and Geographic Information (Tables)

6 Months Ended

Dec. 31, 2012

Segment and Geographic Information [Abstract]

Segment Information

Segment Information

	Six Months Ended				Year Ended
(In millions)	December 31				June 30
	2012		2011		2012		2011		2010
			(Unaudited)
Sales to external customers
Oilseeds Processing	$	18,052	$	17,337	$	34,715	$	29,908	$	24,412
Corn Processing		6,167		6,451		12,114		9,908		7,874
Agricultural Services		22,441		21,364		42,082		40,750		29,301
Other		69		56		127		110		95
Total	$	46,729	$	45,208	$	89,038	$	80,676	$	61,682
Intersegment sales
Oilseeds Processing	$	1,413	$	736	$	2,275		2,103		1,334
Corn Processing		56		113		173		194		103
Agricultural Services		3,046		2,751		5,609		4,417		2,436
Other		82		80		161		155		151
Total	$	4,597	$	3,680	$	8,218	$	6,869	$	4,024
Net sales
Oilseeds Processing	$	19,465	$	18,073	$	36,990		32,011		25,746
Corn Processing		6,223		6,564		12,287		10,102		7,977
Agricultural Services		25,487		24,115		47,691		45,167		31,737
Other		151		136		288		265		246
Intersegment elimination		(4,597)		(3,680)		(8,218)		(6,869)		(4,024)
Total	$	46,729	$	45,208	$	89,038	$	80,676	$	61,682
Depreciation
Oilseeds Processing	$	113	$	108	$	228	$	215	$	243
Corn Processing		165		178		345		399		412
Agricultural Services		99		90		188		183		167
Other		2		2		4		5		6
Corporate		17		13		28		25		29
Total	$	396	$	391	$	793	$	827	$	857
Asset abandonments and write-downs
Oilseeds Processing	$	-	$	-	$	1		2		9
Corn Processing		-		337		360		-		-
Agricultural Services		146		-		2		-		-
Corporate		-		-		4		-		-
Total	$	146	$	337	$	367	$	2	$	9

	Six Months Ended				Year Ended
(In millions)	December 31				June 30
	2012		2011		2012		2011		2010
			(Unaudited)
Interest income
Oilseeds Processing	$	18	$	16	$	35	$	28	$	34
Corn Processing		1		-		1		-		1
Agricultural Services		18		10		22		23		18
Other		11		14		21		46		51
Corporate		11		22		33		39		22
Total	$	59	$	62	$	112	$	136	$	126
Equity in earnings of affiliates
Oilseeds Processing	$	96	$	129	$	226	$	213	$	306
Corn Processing		49		53		107		83		78
Agricultural Services		49		55		110		230		152
Other		-		-		-		9		9
Corporate		61		14		29		7		16
Total	$	255	$	251	$	472	$	542	$	561
Operating profit
Oilseeds Processing	$	747	$	429	$	1,302	$	1,690	$	1,551
Corn Processing		71		54		261		1,079		738
Agricultural Services		395		563		947		1,323		1,002
Other		93		17		15		39		46
Total operating profit		1,306		1,063		2,525		4,131		3,337
Corporate		(309)		(282)		(760)		(1,116)		(752)
Earnings before income taxes	$	997	$	781	$	1,765	$	3,015	$	2,585

Investments in and advances to affiliates
Oilseeds Processing	$	1,889	$	1,811	$	1648
Corn Processing		505		470		483
Agricultural Services		297		671		669
Other		18		46		22
Corporate		461		390		418
Total	$	3,170	$	3,388	$	3,240
Identifiable assets
Oilseeds Processing	$	15,856	$	17,041	$	16,576
Corn Processing		6,649		6,491		7,606
Agricultural Services		14,201		11,444		11,242
Other		5,912		5,028		6,010
Corporate		2,518		1,767		918
Total	$	45,136	$	41,771	$	42,352

	Six Months Ended		Year Ended
	December 31		June 30
	2012		2012		2011
	(In millions)
Gross additions to property, plant, and equipment
Oilseeds Processing	$	259	$	588	$	673
Corn Processing		169		349		349
Agricultural Services		182		740		442
Other		-		1		8
Corporate		31		41		40
Total	$	641	$	1,719	$	1,512

Geographic Information

	Six Months Ended				Year Ended
(In millions)	December 31				June 30
	2012		2011		2012		2011		2010
			(Unaudited)
Net sales and other operating income
United States	$	25,033	$	24,490	$	46,593	$	42,390	$	33,362
Switzerland		4,991		5,237		9,698		8,413		5,770
Germany		4,450		4,521		9,656		6,217		6,424
Other Foreign		12,255		10,960		23,091		23,656		16,126
	$	46,729	$	45,208	$	89,038	$	80,676	$	61,682
Long-lived assets
United States	$	7,287			$	7,288	$	7,234
Foreign		2,836				2,524		2,266
	$	10,123			$	9,812	$	9,500