Segment Information (Tables)

9 Months Ended

Oct. 02, 2021

Segment Information

Schedule of sales disaggregated by revenue source and segment

Net Sales:		Three Months Ended October 2, 2021
								Sugar
								and				All		Consolidated
(Millions of dollars)		Pork		CT&M		Marine		Alcohol		Power		Other		Totals
Major Products/Services Lines:
Products	$	527	$	1,264	$	—	$	29	$	—	$	4	$	1,824
Transportation		3		—		343		—		—		—		346
Energy		84		—		—		3		10		—		97
Other		6		3		—		—		—		—		9
Segment/Consolidated Totals	$	620	$	1,267	$	343	$	32	$	10	$	4	$	2,276

Net Sales:		Three Months Ended September 26, 2020
								Sugar
								and				All		Consolidated
(Millions of dollars)		Pork		CT&M		Marine		Alcohol		Power		Other		Totals
Major Products/Services Lines:
Products	$	391	$	877	$	—	$	26	$	—	$	3	$	1,297
Transportation		2		—		244		—		—		—		246
Energy		65		—		—		5		21		—		91
Other		8		3		—		—		—		—		11
Segment/Consolidated Totals	$	466	$	880	$	244	$	31	$	21	$	3	$	1,645

Net Sales:		Nine Months Ended October 2, 2021
								Sugar
								and				All		Consolidated
(Millions of dollars)		Pork		CT&M		Marine		Alcohol		Power		Other		Totals
Major Products/Services Lines:
Products	$	1,618	$	3,784	$	—	$	79	$	—	$	11	$	5,492
Transportation		6		—		962		—		—		1		969
Energy		236		—		—		5		34		—		275
Other		18		11		—		—		—		—		29
Segment/Consolidated Totals	$	1,878	$	3,795	$	962	$	84	$	34	$	12	$	6,765

Net Sales:		Nine Months Ended September 26, 2020
								Sugar
								and				All		Consolidated
(Millions of dollars)		Pork		CT&M		Marine		Alcohol		Power		Other		Totals
Major Products/Services Lines:
Products	$	1,205	$	2,906	$	—	$	65	$	—	$	12	$	4,188
Transportation		6		—		705		—		—		—		711
Energy		145		—		—		6		51		—		202
Other		24		11		—		—		—		—		35
Segment/Consolidated Totals	$	1,380	$	2,917	$	705	$	71	$	51	$	12	$	5,136

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

Operating Income (Loss):	Three Months Ended				Nine Months Ended
	October 2,		September 26,		October 2,		September 26,
(Millions of dollars)	2021		2020		2021		2020
Pork	$	52	$	14	$	242		55
CT&M		25		28		57		82
Marine		42		14		95		(3)
Sugar and Alcohol		—		(1)		—		(4)
Power		(3)		3		(10)		4
All Other		—		—		1		1
Segment Totals		116		58		385		135
Corporate		(4)		(19)		(16)		(24)
Consolidated Totals	$	112	$	39	$	369	$	111

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

Income (Loss) from Affiliates:	Three Months Ended				Nine Months Ended
	October 2,		September 26,		October 2,		September 26,
(Millions of dollars)	2021		2020		2021		2020
Pork	$	—	$	—	$	(2)	$	(3)
CT&M		7		(3)		17		(2)
Marine		2		1		4		3
Sugar and Alcohol		—		—		—		—
Power		—		—		—		—
Turkey		(10)		(4)		(19)		(25)
Segment/Consolidated Totals	$	(1)	$	(6)	$	—	$	(27)

Summary of specific financial information related to total assets

Total Assets:	October 2,		December 31,
(Millions of dollars)	2021		2020
Pork	$	2,226	$	1,927
CT&M		1,918		1,585
Marine		629		508
Sugar and Alcohol		153		153
Power		332		302
Turkey		245		265
All Other		8		6
Segment Totals		5,511		4,746
Corporate		1,746		1,653
Consolidated Totals	$	7,257	$	6,399

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

Investments in and Advances to Affiliates:	October 2,		December 31,
(Millions of dollars)	2021		2020
Pork	$	147	$	172
CT&M		227		222
Marine		31		30
Sugar and Alcohol		3		6
Power		3		3
Turkey		245		265
Segment/Consolidated Totals	$	656	$	698

Butterball, LLC

Segment Information

Summary of specific financial information related to equity method

	Three Months Ended				Nine Months Ended
	October 2,		September 26,		October 2,		September 26,
(Millions of dollars)	2021		2020		2021		2020
Net sales	$	464	$	407	$	1,176	$	1,052
Operating loss	$	(15)	$	(3)	$	(35)	$	(34)
Net loss	$	(18)	$	(7)	$	(36)	$	(47)