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Net Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2020
Net Property, Plant and Equipment  
Summary of property, plant and equipment

Useful

December 31,

(Millions of dollars)

    

Lives

    

2020

    

2019

Land and improvements

 

3

-

15

years

$

268

$

250

Buildings and improvements

 

30

years

 

712

 

646

Machinery and equipment

 

3

-

20

years

 

1,367

 

1,360

Vessels and vehicles

 

3

-

18

years

 

158

 

147

Office furniture and fixtures

 

5

years

 

43

 

42

Contract growers

5

-

15

years

93

44

Construction in progress

 

389

 

287

 

3,030

 

2,776

Accumulated depreciation and amortization

 

(1,448)

 

(1,345)

Net property, plant and equipment

$

1,582

$

1,431