Revenues Revenues (Tables)

3 Months Ended

Mar. 31, 2018

Revenues [Abstract]

Disaggregation of Revenue [Table Text Block]

Disaggregation of Revenues

The following table presents revenue disaggregated by timing of recognition and major product lines for the quarter ended March 31, 2018.

	Topic 606 Revenue						Topic 815(1)		Total
	Point in Time		Over Time		Total		Revenue		Revenues
Origination
Merchandising and Handling	$	619	$	62	$	681	$	5,479	$	6,160
Transportation	—		55		55		—		55
Total Origination	619		117		736		5,479		6,215
Oilseeds
Crushing and Origination	186		—		186		3,424		3,610
Refining, Packaging, Biodiesel, and Other	558		—		558		1,465		2,023
Total Oilseeds	744		—		744		4,889		5,633
Carbohydrate Solutions
Starches and Sweeteners	1,638		—		1,638		—		1,638
Bioproducts	984		—		984		—		984
Total Carbohydrate Solutions	2,622		—		2,622		—		2,622
Nutrition
Wild Flavors and Specialty Ingredients	636		—		636		—		636
Animal Nutrition	314		—		314		—		314
Total Nutrition	950		—		950		—		950
Other	106		—		106		—		106
Total Revenues	$	5,041	$	117	$	5,158	$	10,368	$	15,526

⁽¹⁾ Topic 815 revenue relates to the physical delivery or the settlement of the Company’s sales contracts that are accounted for as derivatives and are outside the scope of Topic 606.

Schedule of the financial statement transition impacts from the adoption of ASC 606 [Table Text Block]

The following tables summarize the impacts of Topic 606 adoption on the various lines of the Company’s consolidated financial statements.

Consolidated Balance Sheet (excerpt) as of March 31, 2018 and January 1, 2018

	January 1, 2018		March 31, 2018
	After Adoption		As		Under		Effect of
	of Topic 606		Reported		Topic 605		Change
	(In millions)
Assets
Trade receivables	$	2,343	$	2,147	$	1,752	$	395
Inventories	8,770		9,820		10,212		(392		)
Total Current Assets	19,918		20,906		20,903		3
Total Assets	$	39,956	$	41,100	$	41,097	$	3
Liabilities, Temporary Equity, and Shareholders’ Equity
Accrued expenses and other payables	$	2,826	$	3,035	$	3,035	$	—
Total Current Liabilities	12,563		13,285		13,285		—
Reinvested earnings	17,552		17,755		17,752		3
Total Shareholders’ Equity	18,322		18,737		18,734		3
Total Liabilities, Temporary Equity, and Shareholders’ Equity	$	39,956	$	41,100	$	41,097	$	3

Consolidated Statement of Earnings (excerpt) for the quarter ended March 31, 2018

			Without
	As		Adoption of		Effect of
	Reported		Topic 606		Change
	(In millions)
Revenues	$	15,526	$	15,536	$	(10	)
Cost of products sold	14,637		14,652		(15		)
Gross profit	889		884		5
Earnings before income taxes	464		459		5
Income taxes	68		66		2
Net earnings including noncontrolling interests	396		393		3
Net earnings attributable to controlling interests	$	393	$	390	$	3