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Segment Information (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Segment Information
 
June 30,
 
December 31,
(In millions)
2018
 
2017
Identifiable Assets
 
 
 
Origination
$
7,063

 
$
8,311

Oilseeds
13,298

 
11,835

Carbohydrate Solutions
6,047

 
6,242

Nutrition
6,765

 
5,568

Other
4,884

 
5,658

Corporate
698

 
2,349

Total Identifiable Assets
$
38,755

 
$
39,963

 
 
 
 
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(In millions)
2018
 
2017
 
2018
 
2017
Gross revenues
 
 
 
 
 
 
 
Origination
$
7,723

 
$
6,172

 
14,850

 
13,524

Oilseeds
8,264

 
7,100

 
15,130

 
13,182

Carbohydrate Solutions
2,927

 
2,662

 
5,760

 
5,531

Nutrition
1,029

 
944

 
1,987

 
1,804

Other
101

 
101

 
207

 
195

Intersegment elimination
(2,976
)
 
(2,036
)
 
(5,340
)
 
(4,305
)
Total gross revenues
$
17,068

 
$
14,943

 
$
32,594

 
$
29,931

 
 
 
 
 
 
 
 
Intersegment sales
 

 
 

 
 

 
 

Origination
$
1,117

 
$
825

 
2,029

 
1,874

Oilseeds
1,589

 
1,089

 
2,822

 
1,945

Carbohydrate Solutions
259

 
111

 
470

 
470

Nutrition
11

 
11

 
19

 
16

Total intersegment sales
$
2,976

 
$
2,036

 
$
5,340

 
$
4,305

 
 
 
 
 
 
 
 
Revenues from external customers
 

 
 

 
 

 
 

Origination
 
 
 
 
 
 
 
Merchandising and Handling
$
6,543

 
$
5,295

 
$
12,703

 
$
11,548

Transportation
63

 
52

 
118

 
102

Total Origination
6,606

 
5,347

 
12,821

 
11,650

Oilseeds
 
 
 
 
 
 
 
Crushing and Origination
4,823

 
3,927

 
8,433

 
7,220

Refining, Packaging, Biodiesel, and Other
1,852

 
2,084

 
3,875

 
4,017

Total Oilseeds
6,675

 
6,011

 
12,308

 
11,237

Carbohydrate Solutions
 
 
 
 
 
 
 
Starches and Sweeteners
1,704

 
1,629

 
3,342

 
3,204

Bioproducts
964

 
922

 
1,948

 
1,857

Total Carbohydrate Solutions
2,668

 
2,551

 
5,290

 
5,061

Nutrition
 
 
 
 
 
 
 
Wild Flavors and Specialty Ingredients
693

 
661

 
1,329

 
1,235

Animal Nutrition
325

 
272

 
639

 
553

Total Nutrition
1,018

 
933

 
1,968

 
1,788

 
 
 
 
 
 
 
 
Other
101

 
101

 
207

 
195

Total revenues from external customers
$
17,068

 
$
14,943

 
$
32,594

 
$
29,931

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(In millions)
2018
 
2017
 
2018
 
2017
Segment operating profit
 
 
 
 
 
 
 
Origination
$
189

 
$
57

 
$
234

 
$
104

Oilseeds
341

 
201

 
691

 
514

Carbohydrate Solutions
249

 
279

 
462

 
490

Nutrition
114

 
94

 
210

 
171

Other
31

 
27

 
44

 
57

Specified Items:
 
 
 
 
 
 
 
Gains (losses) on sales of assets and businesses(1)

 
8

 

 
8

Impairment, restructuring, and settlement charges(2)
(22
)
 
(26
)
 
(35
)
 
(35
)
Hedge timing effects(3)

 
2

 

 
9

Total segment operating profit
902

 
642

 
1,606

 
1,318

Corporate
(250
)
 
(259
)
 
(490
)
 
(477
)
Earnings before income taxes
$
652

 
$
383

 
$
1,116

 
$
841

 
 
 
 
 
 
 
 


(1) Prior period gain related to the sale of the crop risk services businesses partially offset by an adjustment of the proceeds of the 2015 sale of the cocoa business.

(2) Current quarter charges consisted of an impairment charge related to a long-term financing receivable and restructuring charges. Current year-to-date charges consisted of impairment charges related to a financing receivable and an equity investment and restructuring charges. Prior period charges related to impairment of certain long-lived assets and restructuring charges.

(3) Hedge timing effects relate to hedge ineffectiveness associated with documented hedge programs.