Segment Information (Tables)

6 Months Ended

Jul. 01, 2017

Summary of specific financial information related to sales to external customers

Sales to External Customers:	Three Months Ended				Six Months Ended
	July 1,		July 2,		July 1,		July 2,
(Millions of dollars)	2017		2016		2017		2016
Pork	$	414	$	359	$	784	$	687
Commodity Trading and Milling		701		707		1,428		1,416
Marine		232		232		466		459
Sugar		48		36		88		69
Power		23		19		47		36
All Other		4		4		8		9
Segment/Consolidated Totals	$	1,422	$	1,357	$	2,821	$	2,676

Summary of specific financial information related to operating income (loss)

Operating Income:	Three Months Ended				Six Months Ended
	July 1,		July 2,		July 1,		July 2,
(Millions of dollars)	2017		2016		2017		2016
Pork	$	51	$	50	$	100	$	79
Commodity Trading and Milling		1		19		18		28
Marine		1		7		4		10
Sugar		3		2		6		2
Power		2		2		4		2
All Other		1		1		1		1
Segment Totals		59		81		133		122
Corporate		(5)		(5)		(13)		(10)
Consolidated Totals	$	54	$	76	$	120	$	112

Summary of specific financial information related to income (loss) from affiliates

Income (Loss) from Affiliates:	Three Months Ended				Six Months Ended
	July 1,		July 2,		July 1,		July 2,
(Millions of dollars)	2017		2016		2017		2016
Pork	$	3	$	4	$	3	$	7
Commodity Trading and Milling		2		(11)		6		(15)
Marine		—		—		(6)		1
Sugar		—		—		—		1
Power		1		—		1		1
Turkey		(14)		18		(11)		38
Segment/Consolidated Totals	$	(8)	$	11	$	(7)	$	33

Summary of specific financial information related to total assets

Total Assets:	July 1,		December 31,
(Millions of dollars)	2017		2016
Pork	$	1,218	$	1,157
Commodity Trading and Milling		951		989
Marine		317		314
Sugar		174		166
Power		196		196
Turkey		469		493
All Other		7		6
Segment Totals		3,332		3,321
Corporate		1,530		1,434
Consolidated Totals	$	4,862	$	4,755

Summary of specific financial information related to investments in and advances to affiliates

Investments in and Advances to Affiliates:	July 1,		December 31,
(Millions of dollars)	2017		2016
Pork	$	227	$	175
Commodity Trading and Milling		231		207
Marine		29		33
Sugar		4		4
Power		32		30
Turkey		301		324
Segment/Consolidated Totals	$	824	$	773

Butterball, LLC

Summary of specific financial information related to equity method

	Three Months Ended				Six Months Ended
		July 1,		July 2,		July 1,		July 2,
(Millions of dollars)		2017		2016		2017		2016
Net sales	$	354	$	391	$	704	$	776
Operating income (loss)	$	(20)	$	44	$	(10)	$	89
Net income (loss)	$	(27)	$	34	$	(22)	$	72