Revenues (Tables)

9 Months Ended

Sep. 30, 2024

Revenues [Abstract]

Disaggregation of Revenues

The following tables present revenue disaggregated by timing of recognition and major product lines for the three and nine months ended September 30, 2024 and 2023 (in millions).

	Three Months Ended September 30, 2024
	Topic 606 Revenue						Topic 815(1)		Total
	Point in Time		Over Time		Total		Revenue		Revenues
Ag Services and Oilseeds
Ag Services	$	824	$	249	$	1,073	$	8,580	$	9,653
Crushing	97		—		97		2,772		2,869
Refined Products and Other	529		—		529		2,038		2,567
Total Ag Services and Oilseeds	1,450		249		1,699		13,390		15,089
Carbohydrate Solutions
Starches and Sweeteners	1,633		—		1,633		559		2,192
Vantage Corn Processors	716		—		716		—		716
Total Carbohydrate Solutions	2,349		—		2,349		559		2,908
Nutrition
Human Nutrition	1,004		—		1,004		—		1,004
Animal Nutrition	827		—		827		—		827
Total Nutrition	1,831		—		1,831		—		1,831
Total Segment Revenues	5,630		249		5,879		13,949		19,828
Other Business	109		—		109		—		109
Total Revenues	$	5,739	$	249	$	5,988	$	13,949	$	19,937

	Nine Months Ended September 30, 2024
	Topic 606 Revenue						Topic 815(1)		Total
	Point in Time		Over Time		Total		Revenue		Revenues
Ag Services and Oilseeds
Ag Services	$	2,772	$	694	$	3,466	$	29,131	$	32,597
Crushing	317		—		317		8,729		9,046
Refined Products and Other	1,599		—		1,599		6,400		7,999
Total Ag Services and Oilseeds	4,688		694		5,382		44,260		49,642
Carbohydrate Solutions
Starches and Sweeteners	4,881		—		4,881		1,678		6,559
Vantage Corn Processors	1,925		—		1,925		—		1,925
Total Carbohydrate Solutions	6,806		—		6,806		1,678		8,484
Nutrition
Human Nutrition	3,029		—		3,029		—		3,029
Animal Nutrition	2,546		—		2,546		—		2,546
Total Nutrition	5,575		—		5,575		—		5,575
Total Segment Revenues	17,069		694		17,763		45,938		63,701
Other Business	331		—		331		—		331
Total Revenues	$	17,400	$	694	$	18,094	$	45,938	$	64,032

	Three Months Ended September 30, 2023
	Topic 606 Revenue						Topic 815(1)		Total
	Point in Time		Over Time		Total		Revenue		Revenues
Ag Services and Oilseeds
Ag Services	$	980	$	174	$	1,154	$	9,044	$	10,198
Crushing	118		—		118		3,234		3,352
Refined Products and Other	527		—		527		2,402		2,929
Total Ag Services and Oilseeds	1,625		174		1,799		14,680		16,479
Carbohydrate Solutions
Starches and Sweeteners	1,831		—		1,831		617		2,448
Vantage Corn Processors	877		—		877		—		877
Total Carbohydrate Solutions	2,708		—		2,708		617		3,325
Nutrition
Human Nutrition	900		—		900		—		900
Animal Nutrition	884		—		884		—		884
Total Nutrition	1,784		—		1,784		—		1,784
Total Segment Revenues	6,117		174		6,291		15,297		21,588
Other Business	107		—		107		—		107
Total Revenues	$	6,224	$	174	$	6,398	$	15,297	$	21,695

	Nine Months Ended September 30, 2023
	Topic 606 Revenue						Topic 815(1)		Total
	Point in Time		Over Time		Total		Revenue		Revenues
Ag Services and Oilseeds
Ag Services	$	3,068	$	552	$	3,620	$	31,639	$	35,259
Crushing	341		—		341		10,174		10,515
Refined Products and Other	1,730		—		1,730		7,398		9,128
Total Ag Services and Oilseeds	5,139		552		5,691		49,211		54,902
Carbohydrate Solutions
Starches and Sweeteners	5,787		—		5,787		1,873		7,660
Vantage Corn Processors	2,583		—		2,583		—		2,583
Total Carbohydrate Solutions	8,370		—		8,370		1,873		10,243
Nutrition
Human Nutrition	2,802		—		2,802		—		2,802
Animal Nutrition	2,688		—		2,688		—		2,688
Total Nutrition	5,490		—		5,490		—		5,490
Total Segment Revenues	18,999		552		19,551		51,084		70,635
Other Business	322		—		322		—		322
Total Revenues	$	19,321	$	552	$	19,873	$	51,084	$	70,957

(1) Topic 815 revenue relates to the physical delivery or the settlement of the Company’s sales contracts that are accounted for as derivatives and are outside the scope of Topic 606.