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Segment Information
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s operations are organized, managed, and classified into three reportable business segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. Each of these segments is organized based upon the nature of products and services offered. The Company’s remaining operations are not reportable segments, as defined by the applicable accounting standard, and are classified as Other Business.

Intersegment sales have been recorded at amounts approximating market. Operating profit for each segment is based on net sales less identifiable operating expenses. Also included in operating profit for each segment is equity in earnings of affiliates based on the equity method of accounting. Specified items included in total segment operating profit and certain corporate items are not allocated to the Company’s individual business segments because operating performance of each business segment is evaluated by management exclusive of these items. Corporate results principally include the impact of LIFO-related adjustments, unallocated corporate expenses, and interest expense net of interest income. Corporate results also include revaluation gains and losses on cost method investments and the share of the results of equity investments in early-stage start-up companies that ADM Ventures has investments in.

For more information about the Company’s business segments, refer to Note 17 of “Notes to Consolidated Financial Statements” included in Item 8, “Financial Statements and Supplementary Data” included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020.
Three Months EndedNine Months Ended
September 30,September 30,
(In millions)2021202020212020
Gross revenues    
Ag Services and Oilseeds$16,410 $13,415 $51,148 $40,196 
Carbohydrate Solutions3,227 2,335 9,132 7,102 
Nutrition1,755 1,481 5,172 4,471 
Other Business88 84 290 277 
Intersegment elimination(1,140)(2,189)(3,583)(5,669)
Total gross revenues$20,340 $15,126 $62,159 $46,377 
Intersegment sales    
Ag Services and Oilseeds$721 $1,888 $2,181 $4,849 
Carbohydrate Solutions361 271 1,223 708 
Nutrition58 30 179 112 
Total intersegment sales$1,140 $2,189 $3,583 $5,669 
Revenues from external customers    
Ag Services and Oilseeds
Ag Services $9,899 $7,352 $32,860 $22,930 
Crushing2,842 2,317 8,411 7,035 
Refined Products and Other2,948 1,858 7,696 5,382 
Total Ag Services and Oilseeds15,689 11,527 48,967 35,347 
Carbohydrate Solutions
Starches and Sweeteners1,972 1,574 5,563 4,769 
Vantage Corn Processors894 490 2,346 1,625 
Total Carbohydrate Solutions2,866 2,064 7,909 6,394 
Nutrition
Human Nutrition808 719 2,410 2,161 
Animal Nutrition889 732 2,583 2,198 
Total Nutrition1,697 1,451 4,993 4,359 
Other Business88 84 290 277 
Total revenues from external customers$20,340 $15,126 $62,159 $46,377 
Three Months EndedNine Months Ended
September 30,September 30,
(In millions)2021202020212020
Segment operating profit
Ag Services and Oilseeds$618 $436 $1,965 $1,271 
Carbohydrate Solutions213 246 855 509 
Nutrition176 147 531 447 
Other Business(5)20 10 69 
Specified Items:
Gains (losses) on sales of assets and businesses(1)
— 57 22 80 
Impairment, restructuring, and settlement charges(2)
(2)(2)(133)(60)
Total segment operating profit1,000 904 3,250 2,316 
Corporate(347)(704)(948)(1,189)
Earnings before income taxes$653 $200 $2,302 $1,127 
(1) Current year-to-date gains consisted of gains on the sale of certain assets. Prior quarter and year-to-date gains consisted of a gain on the sale of a portion of the Company’s shares in Wilmar and certain other assets.

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