Segment Information (Tables)

3 Months Ended

Apr. 02, 2022

Segment Information

Schedule of sales disaggregated by revenue source and segment

		Three Months Ended April 2, 2022
(Millions of dollars)		Pork		Commodity Trading & Milling		Marine		Sugar and Alcohol		Power		All Other		Consolidated Totals
Major Products/Services Lines:
Products	$	491	$	1,567	$	—	$	31	$	—	$	4	$	2,093
Transportation		2		—		466		—		—		—		468
Energy		121		—		—		—		18		—		139
Other		6		3		—		—		—		—		9
Segment/Consolidated Totals	$	620	$	1,570	$	466	$	31	$	18	$	4	$	2,709

		Three Months Ended April 3, 2021
(Millions of dollars)		Pork		Commodity Trading & Milling		Marine		Sugar and Alcohol		Power		All Other		Consolidated Totals
Major Products/Services Lines:
Products	$	495	$	1,146	$	—	$	24	$	—	$	3	$	1,668
Transportation		1		—		300		—		—		1		302
Energy		63		—		—		2		13		—		78
Other		6		5		—		—		—		—		11
Segment/Consolidated Totals	$	565	$	1,151	$	300	$	26	$	13	$	4	$	2,059

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

Operating Income (Loss):	Three Months Ended
	April 2,		April 3,
(Millions of dollars)	2022		2021
Pork	$	27	$	61
CT&M		12		16
Marine		113		21
Sugar and Alcohol		2		1
Power		(5)		(2)
All Other		—		1
Segment Totals		149		98
Corporate		(3)		(6)
Consolidated Totals	$	146	$	92

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

Income (Loss) from Affiliates:	Three Months Ended
	April 2,		April 3,
(Millions of dollars)	2022		2021
Pork	$	—	$	4
CT&M		5		6
Marine		2		1
Sugar and Alcohol		—		—
Power		—		—
Turkey		16		(5)
Segment/Consolidated Totals	$	23	$	6

Summary of specific financial information related to total assets

Total Assets:	April 2,		December 31,
(Millions of dollars)	2022		2021
Pork	$	2,393	$	2,265
CT&M		2,099		2,054
Marine		854		749
Sugar and Alcohol		150		155
Power		345		359
Turkey		264		245
All Other		7		7
Segment Totals		6,112		5,834
Corporate		1,557		1,669
Consolidated Totals	$	7,669	$	7,503

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

Investments in and Advances to Affiliates:	April 2,		December 31,
(Millions of dollars)	2022		2021
Pork	$	154	$	142
CT&M		221		224
Marine		33		33
Sugar and Alcohol		4		4
Power		3		3
Turkey		264		245
Segment/Consolidated Totals	$	679	$	651

Butterball, LLC

Segment Information

Summary of specific financial information related to equity method

		Three Months Ended
		April 2,		April 3,
(Millions of dollars)		2022		2021
Net sales	$	399	$	341
Operating income (loss)	$	13	$	(16)
Net income (loss)	$	30	$	(11)