Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2016

Notes Payable, Long-term Debt, Commitments and Contingencies

Schedule of non-cancelable purchase commitments and commitments under other agreements

	Years ended December 31,
(Millions of dollars)	2017		2018		2019		2020		2021		Thereafter
Hog procurement contracts	$	103	$	59	$	44	$	43	$	43	$	118
Grain and feed ingredients		122		2		—		—		—		—
Grain purchase contracts for resale		310		—		—		—		—		—
Fuel supply contracts		49		—		—		—		—		—
Equipment purchases and facility improvements		21		—		—		—		—		—
Other purchase commitments		33		—		—		—		—		—
Total firm purchase commitments		638		61		44		43		43		118
Vessel, time and voyage-charters		47		27		26		26		26		46
Contract grower agreements		29		24		16		12		10		9
Other operating lease payments		31		27		27		24		22		176
Investment in affiliates		91		15		16		16		12		—
Total unrecognized non-cancelable commitments	$	836	$	154	$	129	$	121	$	113	$	349