Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2019

Pork

Investments in and Advances to Affiliates and Notes Receivable from Affiliates

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

Pork Segment		December 31,
(Millions of dollars)		2019		2018		2017
Net sales	$	1,453	$	927	$	441
Net income (loss)	$	(43)	$	(60)	$	(21)
Total assets	$	639	$	623	$	596
Total liabilities	$	277	$	243	$	138
Total equity	$	362	$	380	$	458

CT&M

Investments in and Advances to Affiliates and Notes Receivable from Affiliates

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

Commodity Trading and Milling Segment	December 31,
(Millions of dollars)	2019			2018		2017
Net sales	$	3,129	$	3,238	$	2,907
Net income (loss)	$	(12)	$	(13)	$	23
Total assets	$	1,697	$	1,914	$	1,793
Total liabilities	$	1,075	$	1,242	$	1,150
Total equity	$	622	$	672	$	643

Marine

Investments in and Advances to Affiliates and Notes Receivable from Affiliates

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

Marine Segment		December 31,
(Millions of dollars)		2019		2018		2017
Net sales	$	70	$	66	$	58
Net income	$	12	$	11	$	5
Total assets	$	269	$	272	$	229
Total liabilities	$	107	$	133	$	114
Total equity	$	162	$	139	$	115

Sugar and Alcohol

Investments in and Advances to Affiliates and Notes Receivable from Affiliates

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

Sugar and Alcohol Segment	December 31,
(Millions of dollars)	2019			2018		2017
Net sales	$	10	$	5	$	10
Net income	$	3	$	3	$	2
Total assets	$	13	$	10	$	10
Total liabilities	$	2	$	2	$	2
Total equity	$	11	$	8	$	8

Power

Investments in and Advances to Affiliates and Notes Receivable from Affiliates

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

Power Segment	December 31,
(Millions of dollars)	2019			2018		2017
Net sales	$	143	$	138	$	105
Net income	$	10	$	33	$	23
Total assets	$	11	$	247	$	265
Total liabilities	$	4	$	139	$	145
Total equity	$	7	$	108	$	120

Turkey

Investments in and Advances to Affiliates and Notes Receivable from Affiliates

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

Turkey Segment	December 31,
(Millions of dollars)	2019			2018		2017
Net sales	$	1,612	$	1,591	$	1,670
Operating income (loss)	$	(20)	$	(16)	$	15
Net loss	$	(40)	$	(30)	$	(8)
Total assets	$	1,038	$	1,072	$	999
Total liabilities	$	507	$	502	$	400
Total equity	$	531	$	570	$	599