Segment Information (Tables)

3 Months Ended

Apr. 01, 2023

Segment Information

Schedule of sales disaggregated by revenue source and segment

		Three Months Ended April 1, 2023
(Millions of dollars)		Pork		Commodity Trading & Milling		Marine		Sugar and Alcohol		Power		All Other		Consolidated Totals
Major Products/Services Lines:
Products	$	428	$	1,341	$	—	$	38	$	—	$	3	$	1,810
Transportation		3		—		448		—		—		—		451
Energy		174		—		—		—		52		—		226
Other		9		3		—		—		—		—		12
Segment/Consolidated Totals	$	614	$	1,344	$	448	$	38	$	52	$	3	$	2,499

		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

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

Operating Income (Loss):	Three Months Ended
	April 1,		April 2,
(Millions of dollars)	2023		2022
Pork	$	(212)	$	27
CT&M		43		12
Marine		96		113
Sugar and Alcohol		6		2
Power		10		(5)
Segment Totals		(57)		149
Corporate		(6)		(3)
Consolidated Totals	$	(63)	$	146

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

Income (Loss) from Affiliates:	Three Months Ended
	April 1,		April 2,
(Millions of dollars)	2023		2022
Pork	$	10	$	—
CT&M		(8)		5
Marine		(1)		2
Turkey		25		16
Segment/Consolidated Totals	$	26	$	23

Summary of specific financial information related to total assets

Total Assets:	April 1,		December 31,
(Millions of dollars)	2023		2022
Pork	$	2,625	$	2,698
CT&M		1,888		1,915
Marine		819		882
Sugar and Alcohol		164		165
Power		339		342
Turkey		367		350
All Other		5		6
Segment Totals		6,207		6,358
Corporate		1,588		1,544
Consolidated Totals	$	7,795	$	7,902

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

Investments in and Advances to Affiliates:	April 1,		December 31,
(Millions of dollars)	2023		2022
Pork	$	154	$	152
CT&M		198		210
Marine		35		36
Sugar and Alcohol		2		2
Power		3		3
Turkey		367		350
Segment/Consolidated Totals	$	759	$	753

Butterball, LLC

Segment Information

Summary of specific financial information related to equity method

		Three Months Ended
		April 1,		April 2,
(Millions of dollars)		2023		2022
Net sales	$	408	$	399
Operating income	$	50	$	13
Net income	$	48	$	30