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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues $ 21,166 $ 22,248 $ 41,341 $ 44,095
Cost of products sold 19,796 20,852 38,791 41,040
Gross Profit 1,370 1,396 2,550 3,055
Selling, general, and administrative expenses 911 907 1,843 1,858
Asset impairment, exit, and restructuring costs 137 7 175 25
Equity in (earnings) of unconsolidated affiliates (134) (152) (278) (364)
Interest and investment (income) expense 70 (140) (68) (263)
Interest expense 159 187 317 353
Other (income) – net (52) (9) (71) (35)
Earnings Before Income Taxes 279 596 632 1,481
Income tax expense 62 115 123 281
Net Earnings Including Non-controlling Interests 217 481 509 1,200
Net (losses) attributable to non-controlling interests (2) (5) (5) (15)
Net Earnings Attributable to Archer-Daniels-Midland Company $ 219 $ 486 $ 514 $ 1,215
Average number of shares outstanding - basic (in shares) 484 492 483 503
Average number of shares outstanding - diluted (in shares) 484 493 484 503
Basic earnings per common share (in dollars per share) $ 0.45 $ 0.99 $ 1.06 $ 2.42
Diluted earnings per common share (in dollars per share) 0.45 0.98 1.06 2.41
Dividends per common share (in dollars per share) $ 0.51 $ 0.50 $ 1.02 $ 1.00