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Segment Information
 3 Months Ended
Mar. 31, 2022
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 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, 2021.
Three Months Ended
March 31,
(In millions)20222021
Gross revenues  
Ag Services and Oilseeds$19,132 $15,939 
Carbohydrate Solutions4,180 2,634 
Nutrition1,966 1,624 
Other Business107 100 
Intersegment elimination(1,735)(1,404)
Total gross revenues$23,650 $18,893 
Intersegment sales  
Ag Services and Oilseeds$879 $932 
Carbohydrate Solutions814 411 
Nutrition42 61 
Total intersegment sales$1,735 $1,404 
Revenues from external customers  
Ag Services and Oilseeds
Ag Services $11,847 $10,146 
Crushing3,222 2,742 
Refined Products and Other3,184 2,119 
Total Ag Services and Oilseeds18,253 15,007 
Carbohydrate Solutions
Starches and Sweeteners2,498 1,745 
Vantage Corn Processors868 478 
Total Carbohydrate Solutions3,366 2,223 
Nutrition
Human Nutrition958 754 
Animal Nutrition966 809 
Total Nutrition1,924 1,563 
Other Business107 100 
Total revenues from external customers$23,650 $18,893 
Three Months Ended
March 31,
(In millions)20222021
Segment operating profit
Ag Services and Oilseeds$1,008 $777 
Carbohydrate Solutions317 259 
Nutrition189 154 
Other Business42 9 
Specified Items:
Gains on sales of assets and businesses1 — 
Impairment, restructuring, and settlement charges(1)
(18)(94)
Total segment operating profit1,539 1,105 
Corporate(268)(281)
Earnings before income taxes$1,271 $824 

(1) Current charges related to the impairment of certain Ukraine assets partially offset by an insurance settlement. Prior quarter charges were related to the impairment of certain long-lived assets, restructuring, and a legal settlement.