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Segment Information (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In millions)
2020
 
2019
 
2020
 
2019
Gross revenues
 
 
 
 
 
 
 
Ag Services and Oilseeds
$
13,415

 
$
14,440

 
$
40,196

 
$
41,041

Carbohydrate Solutions
2,335

 
3,018

 
7,102

 
8,472

Nutrition
1,481

 
1,481

 
4,471

 
4,322

Other Business
84

 
88

 
277

 
273

Intersegment elimination
(2,189
)
 
(2,301
)
 
(5,669
)
 
(5,781
)
Total gross revenues
$
15,126

 
$
16,726

 
$
46,377

 
$
48,327

 
 
 
 
 
 
 
 
Intersegment sales
 

 
 

 
 

 
 

Ag Services and Oilseeds
$
1,888

 
$
1,824

 
$
4,849

 
$
4,659

Carbohydrate Solutions
271

 
453

 
708

 
1,063

Nutrition
30

 
24

 
112

 
59

Total intersegment sales
$
2,189

 
$
2,301

 
$
5,669

 
$
5,781

 
 
 
 
 
 
 
 
Revenues from external customers
 

 
 

 
 

 
 

Ag Services and Oilseeds
 
 
 
 
 
 
 
Ag Services
$
7,352

 
$
8,246

 
$
22,930

 
$
23,653

Crushing
2,317

 
2,465

 
7,035

 
7,130

Refined Products and Other
1,858

 
1,905

 
5,382

 
5,599

Total Ag Services and Oilseeds
11,527

 
12,616

 
35,347

 
36,382

Carbohydrate Solutions
 
 
 
 
 
 
 
Starches and Sweeteners
1,574

 
1,526

 
4,769

 
4,782

Vantage Corn Processors
490

 
1,039

 
1,625

 
2,627

Total Carbohydrate Solutions
2,064

 
2,565

 
6,394

 
7,409

Nutrition
 
 
 
 
 
 
 
Human Nutrition
719

 
703

 
2,161

 
2,105

Animal Nutrition
732

 
754

 
2,198

 
2,158

Total Nutrition
1,451

 
1,457

 
4,359

 
4,263

 
 
 
 
 
 
 
 
Other Business
84

 
88

 
277

 
273

Total revenues from external customers
$
15,126

 
$
16,726

 
$
46,377

 
$
48,327

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In millions)
2020
 
2019
 
2020
 
2019
Segment operating profit
 
 
 
 
 
 
 
Ag Services and Oilseeds
$
436

 
$
417

 
$
1,271

 
$
1,196

Carbohydrate Solutions
246

 
182

 
509

 
470

Nutrition
147

 
118

 
447

 
316

Other Business
20

 
47

 
69

 
72

Specified Items:
 
 
 
 
 
 
 
Gains (losses) on sales of assets and businesses(1)
57

 

 
80

 
12

Impairment, restructuring, and settlement charges(2)
(2
)
 
(6
)
 
(60
)
 
(52
)
Total segment operating profit
904

 
758

 
2,316

 
2,014

Corporate
(704
)
 
(255
)
 
(1,189
)
 
(922
)
Earnings before income taxes
$
200

 
$
503

 
$
1,127

 
$
1,092

 
 
 
 
 
 
 
 


(1) Current quarter and year-to-date gain consisted of a gain on the sale of a portion of the Company’s shares in Wilmar and certain other assets. Prior year-to-date gains consisted of a gain on the sale of certain assets and a step-up gain on an equity investment.

(2) Current quarter and year-to-date charges related to the impairment of certain long-lived assets, restructuring, and a settlement. Prior quarter and year-to-date charges related to the impairment of certain long-lived assets and a settlement.