Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2020

Pork

Equity method investments

Schedule of combined condensed financial information of non-controlled, non-consolidated affiliates

Pork Segment		December 31,
(Millions of dollars)		2020		2019		2018
Net sales	$	1,543	$	1,453	$	927
Net loss	$	(18)	$	(43)	$	(60)
Total assets	$	586	$	639	$	623
Total liabilities	$	245	$	277	$	243
Total equity	$	341	$	362	$	380

CT&M

Equity method investments

Schedule of combined condensed financial information of non-controlled, non-consolidated affiliates

CT&M Segment	December 31,
(Millions of dollars)	2020			2019		2018
Net sales	$	2,482	$	3,129	$	3,238
Net loss	$	(2)	$	(12)	$	(13)
Total assets	$	1,745	$	1,697	$	1,914
Total liabilities	$	1,185	$	1,075	$	1,242
Total equity	$	560	$	622	$	672

Marine

Equity method investments

Schedule of combined condensed financial information of non-controlled, non-consolidated affiliates

Marine Segment		December 31,
(Millions of dollars)		2020		2019		2018
Net sales	$	66	$	70	$	66
Net income	$	8	$	12	$	11
Total assets	$	253	$	269	$	272
Total liabilities	$	98	$	107	$	133
Total equity	$	155	$	162	$	139

Sugar and Alcohol

Equity method investments

Schedule of combined condensed financial information of non-controlled, non-consolidated affiliates

Sugar and Alcohol Segment	December 31,
(Millions of dollars)	2020			2019		2018
Net sales	$	7	$	10	$	5
Net income	$	1	$	3	$	3
Total assets	$	14	$	13	$	10
Total liabilities	$	2	$	2	$	2
Total equity	$	12	$	11	$	8

Power

Equity method investments

Schedule of combined condensed financial information of non-controlled, non-consolidated affiliates

Power Segment	December 31,
(Millions of dollars)	2020			2019		2018
Net sales	$	1	$	143	$	138
Net income	$	—	$	10	$	33
Total assets	$	12	$	11	$	247
Total liabilities	$	6	$	4	$	139
Total equity	$	6	$	7	$	108

Turkey

Equity method investments

Schedule of combined condensed financial information of non-controlled, non-consolidated affiliates

Turkey Segment	December 31,
(Millions of dollars)	2020			2019		2018
Net sales	$	1,675	$	1,612	$	1,591
Operating loss	$	(6)	$	(20)	$	(16)
Net loss	$	(20)	$	(40)	$	(30)
Total assets	$	993	$	1,038	$	1,072
Total liabilities	$	481	$	507	$	502
Total equity	$	512	$	531	$	570