Segment Information (Tables)
|
6 Months Ended |
Jul. 02, 2022 |
Segment Information |
|
Schedule of sales disaggregated by revenue source and segment |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Sales: | | | Three Months Ended July 2, 2022 | | | | | | | | | | | | | | Sugar | | | | | | | | | | | | | | | | | | | | | | | and | | | | | | All | | | Consolidated | | (Millions of dollars) | | | Pork | | | CT&M | | | Marine | | | Alcohol | | | Power | | | Other | | | Totals | | Major Products/Services Lines: | | | | | | | | | | | | | | | | | | | | | | | Products | | $ | 513 | | $ | 1,707 | | $ | — | | $ | 24 | | $ | — | | $ | 4 | | $ | 2,248 | | Transportation | | | 3 | | | — | | | 523 | | | — | | | — | | | 1 | | | 527 | | Energy | | | 140 | | | — | | | — | | | — | | | 47 | | | — | | | 187 | | Other | | | 7 | | | 4 | | | — | | | — | | | — | | | — | | | 11 | | Segment/Consolidated Totals | | $ | 663 | | $ | 1,711 | | $ | 523 | | $ | 24 | | $ | 47 | | $ | 5 | | $ | 2,973 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Sales: | | | Three Months Ended July 3, 2021 | | | | | | | | | | | | | | Sugar | | | | | | | | | | | | | | | | | | | | | | | and | | | | | | All | | | Consolidated | | (Millions of dollars) | | | Pork | | | CT&M | | | Marine | | | Alcohol | | | Power | | | Other | | | Totals | | Major Products/Services Lines: | | | | | | | | | | | | | | | | | | | | | | | Products | | $ | 596 | | $ | 1,374 | | $ | — | | $ | 26 | | $ | — | | $ | 4 | | $ | 2,000 | | Transportation | | | 2 | | | — | | | 319 | | | — | | | — | | | — | | | 321 | | Energy | | | 89 | | | — | | | — | | | — | | | 11 | | | — | | | 100 | | Other | | | 6 | | | 3 | | | — | | | — | | | — | | | — | | | 9 | | Segment/Consolidated Totals | | $ | 693 | | $ | 1,377 | | $ | 319 | | $ | 26 | | $ | 11 | | $ | 4 | | $ | 2,430 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Sales: | | | Six Months Ended July 2, 2022 | | | | | | | | | | | | | | Sugar | | | | | | | | | | | | | | | | | | | | | | | and | | | | | | All | | | Consolidated | | (Millions of dollars) | | | Pork | | | CT&M | | | Marine | | | Alcohol | | | Power | | | Other | | | Totals | | Major Products/Services Lines: | | | | | | | | | | | | | | | | | | | | | | | Products | | $ | 1,004 | | $ | 3,274 | | $ | — | | $ | 55 | | $ | — | | $ | 8 | | $ | 4,341 | | Transportation | | | 5 | | | — | | | 989 | | | — | | | — | | | 1 | | | 995 | | Energy | | | 261 | | | — | | | — | | | — | | | 65 | | | — | | | 326 | | Other | | | 13 | | | 7 | | | — | | | — | | | — | | | — | | | 20 | | Segment/Consolidated Totals | | $ | 1,283 | | $ | 3,281 | | $ | 989 | | $ | 55 | | $ | 65 | | $ | 9 | | $ | 5,682 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Sales: | | | Six Months Ended July 3, 2021 | | | | | | | | | | | | | Sugar | | | | | | | | | | | | | | | | | | | | | | | and | | | | | | All | | | Consolidated | | (Millions of dollars) | | | Pork | | | CT&M | | | Marine | | | Alcohol | | | Power | | | Other | | | Totals | | Major Products/Services Lines: | | | | | | | | | | | | | | | | | | | | | | | Products | | $ | 1,091 | | $ | 2,520 | | $ | — | | $ | 50 | | $ | — | | $ | 7 | | $ | 3,668 | | Transportation | | | 3 | | | — | | | 619 | | | — | | | — | | | 1 | | | 623 | | Energy | | | 152 | | | — | | | — | | | 2 | | | 24 | | | — | | | 178 | | Other | | | 12 | | | 8 | | | — | | | — | | | — | | | — | | | 20 | | Segment/Consolidated Totals | | $ | 1,258 | | $ | 2,528 | | $ | 619 | | $ | 52 | | $ | 24 | | $ | 8 | | $ | 4,489 | |
|
Summary of specific financial information related to operating income (loss) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Operating Income (Loss): | | Three Months Ended | | Six Months Ended | | | | July 2, | | July 3, | | July 2, | | July 3, | | (Millions of dollars) | | 2022 | | 2021 | | 2022 | | 2021 | | Pork | | $ | 1 | | $ | 129 | | $ | 28 | | $ | 190 | | CT&M | | | 30 | | | 16 | | | 42 | | | 32 | | Marine | | | 155 | | | 32 | | | 268 | | | 53 | | Sugar and Alcohol | | | — | | | (1) | | | 2 | | | — | | Power | | | 6 | | | (5) | | | 1 | | | (7) | | All Other | | | 1 | | | — | | | 1 | | | 1 | | Segment Totals | | | 193 | | | 171 | | | 342 | | | 269 | | Corporate | | | (1) | | | (6) | | | (4) | | | (12) | | Consolidated Totals | | $ | 192 | | $ | 165 | | $ | 338 | | $ | 257 | |
|
Summary of specific financial information related to income (loss) from affiliates |
| | | | | | | | | | | | | | | | | | | | Income (Loss) from Affiliates: | | Three Months Ended | | Six Months Ended | | | | July 2, | | July 3, | | July 2, | | July 3, | | (Millions of dollars) | | 2022 | | 2021 | | 2022 | | 2021 | | Pork | | $ | 7 | | $ | (6) | | $ | 7 | | $ | (2) | | CT&M | | | 4 | | | 4 | | | 9 | | | 10 | | Marine | | | 1 | | | 1 | | | 3 | | | 2 | | Sugar and Alcohol | | | — | | | — | | | — | | | — | | Power | | | — | | | — | | | — | | | — | | Turkey | | | 11 | | | (4) | | | 27 | | | (9) | | Segment/Consolidated Totals | | $ | 23 | | $ | (5) | | $ | 46 | | $ | 1 | |
|
Summary of specific financial information related to total assets |
| | | | | | | | | | | | | | | | Total Assets: | | July 2, | | December 31, | | (Millions of dollars) | | 2022 | | 2021 | | Pork | | $ | 2,524 | | $ | 2,265 | | CT&M | | | 2,238 | | | 2,054 | | Marine | | | 881 | | | 749 | | Sugar and Alcohol | | | 150 | | | 155 | | Power | | | 368 | | | 359 | | Turkey | | | 275 | | | 245 | | All Other | | | 8 | | | 7 | | Segment Totals | | | 6,444 | | | 5,834 | | Corporate | | | 1,366 | | | 1,669 | | Consolidated Totals | | $ | 7,810 | | $ | 7,503 | |
|
Summary of specific financial information related to investments in and advances to affiliates |
| | | | | | | | | | | | | | | | Investments in and Advances to Affiliates: | | July 2, | | December 31, | | (Millions of dollars) | | 2022 | | 2021 | | Pork | | $ | 153 | | $ | 142 | | CT&M | | | 208 | | | 224 | | Marine | | | 34 | | | 33 | | Sugar and Alcohol | | | 4 | | | 4 | | Power | | | 3 | | | 3 | | Turkey | | | 275 | | | 245 | | Segment/Consolidated Totals | | $ | 677 | | $ | 651 | |
|
Butterball, LLC |
|
Segment Information |
|
Summary of specific financial information related to equity method |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | July 2, | | July 3, | | July 2, | | July 3, | | (Millions of dollars) | | 2022 | | 2021 | | 2022 | | 2021 | | Net sales | | $ | 417 | | $ | 371 | | $ | 816 | | $ | 712 | | Operating income (loss) | | $ | 27 | | $ | (4) | | $ | 40 | | $ | (20) | | Net earnings (loss) | | $ | 21 | | $ | (7) | | $ | 51 | | $ | (18) | |
|