Derivatives and Fair Value of Financial Instruments - Instruments and Agreements (Details) bu in Millions, $ in Millions |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2021
USD ($)
bu
|
Dec. 31, 2020
USD ($)
bu
|
Jul. 03, 2021
USD ($)
|
|
Grain | |||
Derivative commodity instruments | |||
Nonmonetary notional amount | bu | 1 | 26 | |
Hogs | |||
Derivative commodity instruments | |||
Nonmonetary notional amount | 2 | ||
Soybean oil | |||
Derivative commodity instruments | |||
Nonmonetary notional amount | 20 | 56 | |
Heating oil | |||
Derivative commodity instruments | |||
Nonmonetary notional amount | 15 | ||
Foreign currencies | |||
Derivative commodity instruments | |||
Notional amounts | $ 95 | $ 49 | |
Interest rate swaps | |||
Derivative commodity instruments | |||
Gains (losses) on derivatives | $ 5 | ||
Notional amounts | $ 400 | ||
Interest rate swaps | Weighted Average | |||
Derivative commodity instruments | |||
Fixed rate interest | 0.26% |