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Segment and Geographic Information
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment And Geographic Information Segment and Geographic InformationThe 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.
The Ag Services and Oilseeds segment includes global activities related to the origination, merchandising, transportation, and storage of agricultural raw materials, and the crushing and further processing of oilseeds such as soybeans and soft seeds (cottonseed, sunflower seed, canola, rapeseed, and flaxseed) into vegetable oils and protein meals. Oilseeds products produced and marketed by the segment include ingredients for food, feed, energy, and industrial customers. Crude vegetable oils produced by the segment’s crushing activities are sold “as is” to manufacturers of renewable green diesel and other customers or are further processed by refining, blending, bleaching, and deodorizing into salad oils. Salad oils are sold “as is” or are further processed by hydrogenating and/or interesterifying into margarine, shortening, and other food products. Partially refined oils are used to produce biodiesel and glycols or are sold to other manufacturers for use in chemicals, paints, and other industrial products. Oilseed protein meals are principally sold to third parties to be used as ingredients in commercial livestock and poultry feeds. The Ag Services and Oilseeds segment is also a major supplier of peanuts and peanut-derived ingredients to both the U.S. and export markets. In North America, cotton cellulose pulp is manufactured and sold to the chemical, paper, and other industrial markets. The Ag Services and Oilseeds segment’s grain sourcing, handling, and transportation network (including barge, ocean-going vessel, truck, rail, and container freight services) provides reliable and efficient services to the Company’s customers and agricultural processing operations. The Ag Services and Oilseeds segment also includes agricultural commodity and feed product import, export, and global distribution, and structured trade finance activities. Structured trade finance’s activities include programs under which ADM prepays financial institutions, on a discounted basis, U.S. dollar-denominated letters of credit based on underlying commodity trade flows. This segment also includes the Company’s share of the results of its equity investment in Wilmar and its share of the results of its Pacificor, Stratas Foods LLC, Edible Oils Limited, Olenex, and SoyVen joint ventures. In December 2021, the Company entered into a joint venture with Marathon Petroleum Corp. for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel.

The Carbohydrate Solutions segment is engaged in corn and wheat wet and dry milling and other activities. The Carbohydrate Solutions segment converts corn and wheat into products and ingredients used in the food and beverage industry including sweeteners, corn and wheat starches, syrup, glucose, wheat flour, and dextrose. Dextrose and starch are used by the Carbohydrate Solutions segment as feedstocks in other downstream processes. By fermentation of dextrose, the Carbohydrate Solutions segment produces alcohol and other food and animal feed ingredients. Ethyl alcohol is produced by the Company for industrial use in products such as hand sanitizers and ethanol for use in gasoline due to its ability to increase octane as an extender and oxygenate. Corn gluten feed and meal, as well as distillers’ grains, are produced for use as animal feed ingredients. Corn germ, a by-product of the wet milling process, is further processed into vegetable oil and protein meal. Other Carbohydrate Solutions products include citric acids which are used in various food and industrial products. The Carbohydrate Solutions segment has announced various memorandums of understanding with potential strategic partners leveraging our core production capabilities and carbon sequestration experience to facilitate the production of low carbon, bio-based products such as sustainable aviation fuel and innovative renewable chemicals. This segment also includes the Company’s share of the results of its equity investments in Hungrana Ltd., Almidones Mexicanos S.A., Red Star Yeast Company, LLC, and Aston Foods and Food Ingredients. In November 2021, the Company sold its ethanol production complex in Peoria, Illinois.

The Nutrition segment serves various end markets including food, beverages, nutritional supplements, and feed and premix for livestock, aquaculture, and pet food. The segment engages in the manufacturing, sale, and distribution of a wide array of ingredients and solutions including plant-based proteins, natural flavors, flavor systems, natural colors, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, botanical extracts, and other specialty food and feed ingredients. The Nutrition segment includes the activities related to the procurement, processing, and distribution of edible beans. The segment also includes activities related to the processing and distribution of formula feeds and animal health and nutrition products and the manufacture of contract and private label pet treats and foods. ADM acquired Golden Farm Production & Commerce Company Limited in April 2021, a 75% majority stake in PetDine, Pedigree Ovens, The Pound Bakery, and NutraDine (collectively, “P4”), premier providers of private label pet treats and supplements, in September 2021, U.S.-based Deerland Probiotics & Enzymes, a leader in probiotic, prebiotic, and enzyme technology, in November 2021, Sojaprotein, a leading European provider of non-GMO soy ingredients, in November 2021, and Flavor Infusion International, S.A., a full-range provider of flavor and specialty ingredient solutions for customers across Latin America and the Caribbean, in December 2021.

Other Business includes the Company’s financial business units related to futures commission and insurance activities.
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, interest cost net of interest income, 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, and the Company’s share of the results of its equity investment in CIP, which was sold in December 2019.

Segment Information
 Year Ended
(In millions)December 31
 202120202019
Gross revenues
Ag Services and Oilseeds$70,455 $55,667 $54,633 
Carbohydrate Solutions12,672 9,423 11,154 
Nutrition6,933 5,959 5,786 
Other380 367 352 
Intersegment elimination(5,191)(7,061)(7,269)
Total$85,249 $64,355 $64,656 
Intersegment revenues 
Ag Services and Oilseeds$3,408 $5,951 $5,892 
Carbohydrate Solutions1,562 951 1,268 
Nutrition221 159 109 
Total$5,191 $7,061 $7,269 
Revenues from external customers
Ag Services and Oilseeds
Ag Services$45,017 $32,726 $31,705 
Crushing11,368 9,593 9,479 
Refined Products and Other10,662 7,397 7,557 
Total Ag Services and Oilseeds67,047 49,716 48,741 
Carbohydrate Solutions
Starches and Sweeteners7,611 6,387 6,854 
Vantage Corn Processors 3,499 2,085 3,032 
Total Carbohydrate Solutions11,110 8,472 9,886 
Nutrition
Human Nutrition3,189 2,812 2,745 
Animal Nutrition3,523 2,988 2,932 
Total Nutrition6,712 5,800 5,677 
Other380 367 352 
Total$85,249 $64,355 $64,656 
 Year Ended
(In millions)December 31
 202120202019
Depreciation
Ag Services and Oilseeds$349 $351 $361 
Carbohydrate Solutions322 305 320 
Nutrition101 114 113 
Other8 6 6 
Corporate27 24 23 
Total$807 $800 $823 
Long-lived asset abandonments and write-downs(1)
Ag Services and Oilseeds$10 $8 $130 
Carbohydrate Solutions13 — 1 
Nutrition50 13 — 
Corporate— 7 — 
Total$73 $28 $131 
Investment income
Ag Services and Oilseeds$27 $39 $51 
Nutrition1 2 1 
Other16 40 125 
Corporate52 30 19 
Total$96 $111 $196 
Equity in earnings of affiliates
Ag Services and Oilseeds$500 $475 $378 
Carbohydrate Solutions70 81 60 
Nutrition24 22 17 
Corporate1 1 (1)
Total$595 $579 $454 
(1) See Note 18 for total asset impairment, exit, and restructuring costs.
 Year Ended
(In millions)December 31
 202120202019
Segment Operating Profit
Ag Services and Oilseeds$2,775 $2,105 $1,935 
Carbohydrate Solutions1,283 717 644 
Nutrition691 574 418 
Other25 52 85 
Specified Items:
Gains on sales of assets and businesses(1)
77 83 12 
Impairment, restructuring, exit, and settlement charges(2)
(213)(76)(146)
Total segment operating profit4,638 3,455 2,948 
Corporate(1,325)(1,572)(1,360)
Earnings before income taxes$3,313 $1,883 $1,588 
(1) The gains in 2021 were related to the sale of certain ethanol and other assets. The gains in 2020 were related to the sale of a portion of the Company’s shares in Wilmar and certain other assets. The gains in 2019 were related to the sale of certain assets and a step-up gain on an equity investment.

(2) The charges in 2021 were related to the impairment of certain long-lived assets, goodwill, and other intangibles, restructuring, and a legal settlement. The charges in 2020 were related to the impairment of certain assets, restructuring, and settlement. The charges in 2019 were primarily related to the impairment of certain assets.
.
(In millions)December 31
20212020
Investments in and advances to affiliates
Ag Services and Oilseeds$4,826 $4,402 
Carbohydrate Solutions358 392 
Nutrition56 102 
Corporate45 17 
Total$5,285 $4,913 
Identifiable assets
Ag Services and Oilseeds$25,976 $24,792 
Carbohydrate Solutions6,238 5,963 
Nutrition10,142 8,652 
Other9,235 7,152 
Corporate4,545 3,160 
Total$56,136 $49,719 
(In millions)Year Ended December 31
 20212020
Gross additions to property, plant, and equipment 
Ag Services and Oilseeds$451 $261 
Carbohydrate Solutions260 251 
Nutrition242 149 
Other7 8 
Corporate45 30 
Total$1,005 $699 
 
Geographic information:  The following geographic data include revenues attributed to the countries based on the location of the subsidiary making the sale and long-lived assets based on physical location.  Long-lived assets represent the net book value of property, plant, and equipment.
 
Year Ended
(In millions)December 31
 202120202019
Revenues 
United States$35,396 $25,986 $27,509 
Switzerland18,453 13,819 13,016 
Cayman Islands5,515 3,958 4,374 
Brazil3,213 2,357 2,381 
Mexico2,934 2,244 2,068 
United Kingdom1,848 1,519 1,563 
Other Foreign17,890 14,472 13,745 
 $85,249 $64,355 $64,656 
(In millions)December 31
20212020
Long-lived assets
United States$6,098 $6,157 
Brazil760 781 
Other Foreign2,945 2,841 
 $9,803 $9,779