Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

New Fashion Pork, LLP

Acquisitions

Schedule of allocation of purchase price

(Millions of dollars)
Inventories	$	6
Property, plant and equipment		34
Total consideration transferred	$	40

Texas Farm LLC

Acquisitions

Schedule of allocation of purchase price

(Millions of dollars)
Inventories	$	16
Property, plant and equipment		42
Goodwill		3
Accounts payable		(2)
Total consideration transferred	$	59

Christensen Farms

Acquisitions

Schedule of allocation of purchase price

(Millions of dollars)
Inventories	$	33
Property, plant and equipment		111
Intangible assets		1
Goodwill		3
Total consideration transferred	$	148

Belarina

Acquisitions

Schedule of allocation of purchase price

(Millions of dollars)
Accounts receivable	$	7
Inventories		6
Property, plant and equipment		25
Other assets		4
Goodwill		1
Third-party debt		(14)
Other liabilities		(11)
Total business valuation	$	18
Fair value of pre-existing interest	$	18