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Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Information  
Summary of sales disaggregated by revenue source and segment

Net Sales:

Year Ended December 31, 2021

(Millions of dollars)

Pork

CT&M

Marine

Sugar and Alcohol

Power

All Other

Consolidated Totals

Major Products/Services Lines:

Products

$

2,091

$

5,139

$

$

113

$

$

14

$

7,357

Transportation

8

1,396

1

1,405

Energy

357

10

60

427

Other

25

15

40

Segment/consolidated totals

$

2,481

$

5,154

$

1,396

$

123

$

60

$

15

$

9,229

Net Sales:

Year Ended December 31, 2020

(Millions of dollars)

Pork

CT&M

Marine

Sugar and Alcohol

Power

All Other

Consolidated Totals

Major Products/Services Lines:

Products

$

1,682

$

3,981

$

$

95

$

$

16

$

5,774

Transportation

8

1,005

1,013

Energy

219

11

64

294

Other

32

13

45

Segment/consolidated totals

$

1,941

$

3,994

$

1,005

$

106

$

64

$

16

$

7,126

Net Sales:

Year Ended December 31, 2019

(Millions of dollars)

Pork

CT&M

Marine

Sugar and Alcohol

Power

All Other

Consolidated Totals

Major Products/Services Lines:

Products

$

1,599

$

3,654

$

$

112

$

$

17

$

5,382

Transportation

10

1,061

1

1,072

Energy

210

9

117

336

Other

32

18

50

Segment/consolidated totals

$

1,851

$

3,672

$

1,061

$

121

$

117

$

18

$

6,840

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

Operating Income (Loss):

 

Years ended December 31,

(Millions of dollars)

 

2021

    

2020

    

2019

Pork

$

227

$

131

$

60

CT&M

 

61

 

118

 

62

Marine

 

197

 

21

 

4

Sugar and Alcohol

 

2

 

2

 

(16)

Power

 

(9)

 

3

 

27

All other

 

1

 

1

 

2

Segment totals

 

479

 

276

 

139

Corporate

 

(21)

 

(31)

 

(29)

Consolidated totals

$

458

$

245

$

110

Summary of specific financial information related to total assets

Total Assets:

 

December 31,

(Millions of dollars)

    

 

2021

    

2020

Pork

$

2,265

$

1,927

CT&M

 

2,054

 

1,585

Marine

 

749

 

508

Sugar and Alcohol

 

155

 

153

Power

 

359

 

302

Turkey

 

245

 

265

All other

 

7

 

6

Segment totals

 

5,834

 

4,746

Corporate

 

1,669

 

1,653

Consolidated totals

$

7,503

$

6,399

Summary of specific financial information related to capital expenditures

Capital Expenditures:

Years ended December 31,

(Millions of dollars)

    

2021

    

2020

    

2019

Pork

$

343

$

207

$

164

CT&M

 

17

 

8

 

23

Marine

 

44

 

10

 

26

Sugar and Alcohol

 

8

 

5

 

15

Power

 

43

 

27

 

121

All other

 

1

 

2

 

Segment totals

 

456

 

259

 

349

Corporate

 

4

 

 

Consolidated totals

$

460

$

259

$

349

Geographic summary of net sales based on the location of product delivery

Years ended December 31,

(Millions of dollars)

    

2021

    

2020

    

2019

Caribbean, Central and South America

$

3,566

$

2,744

$

2,792

Africa

 

2,685

 

2,099

 

1,859

United States

 

2,031

 

1,536

 

1,447

Pacific Basin and Far East

 

545

 

435

 

370

Canada/Mexico

309

202

308

Europe

 

86

 

101

 

52

All other

 

7

 

9

 

12

Total sales

$

9,229

$

7,126

$

6,840

Geographic summary of the entity's property, plant and equipment according to their physical location and primary port for the vessels

December 31,

(Millions of dollars)

    

2021

    

2020

United States

$

1,331

$

1,053

Dominican Republic

 

297

 

109

Argentina

 

59

 

59

Senegal

40

42

Ivory Coast

39

34

Zambia

30

25

Singapore

155

All other

 

96

 

105

Total property, plant and equipment, net

$

1,892

$

1,582