Inventories (Tables)

3 Months Ended

Mar. 30, 2019

Inventories

Summary of inventories

	March 30,		December 31,
(Millions of dollars)	2019		2018
At lower of LIFO cost or market:
Hogs and materials	$	374	$	361
Fresh pork and materials		41		36
LIFO adjustment		(58)		(58)
Total inventories at lower of LIFO cost or market		357		339
At lower of FIFO cost and net realizable value:
Grains, oilseeds and other commodities		361		229
Sugar produced and in process		26		17
Other		85		81
Total inventories at lower of FIFO cost and net realizable value		472		327
Grain, flour and feed at lower of weighted average cost and net realizable value		159		149
Total inventories	$	988	$	815