2021 Q1 Form 10-Q Financial Statement

#000000708421000018 Filed on April 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $18.89B $14.97B
YoY Change 26.21% -2.18%
Cost Of Revenue $17.35B $14.02B
YoY Change 23.72% -2.48%
Gross Profit $1.548B $951.0M
YoY Change 62.78% 2.48%
Gross Profit Margin 8.19% 6.35%
Selling, General & Admin $749.0M $664.0M
YoY Change 12.8% 0.76%
% of Gross Profit 48.39% 69.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $249.0M $245.0M
YoY Change 1.63% 0.0%
% of Gross Profit 16.09% 25.76%
Operating Expenses $749.0M $664.0M
YoY Change 12.8% 0.76%
Operating Profit $799.0M $287.0M
YoY Change 178.4% 6.69%
Interest Expense $87.00M $83.00M
YoY Change 4.82% -17.82%
% of Operating Profit 10.89% 28.92%
Other Income/Expense, Net $33.00M $32.00M
YoY Change 3.13% 300.0%
Pretax Income $824.0M $375.0M
YoY Change 119.73% 19.05%
Income Tax $131.0M -$16.00M
% Of Pretax Income 15.9% -4.27%
Net Earnings $689.0M $391.0M
YoY Change 76.21% 67.81%
Net Earnings / Revenue 3.65% 2.61%
Basic Earnings Per Share $1.22 $0.69
Diluted Earnings Per Share $1.22 $0.69
COMMON SHARES
Basic Shares Outstanding 563.0M shares 563.0M shares
Diluted Shares Outstanding 564.0M shares 564.0M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $694.0M $4.734B
YoY Change -85.34% 406.31%
Cash & Equivalents $694.0M $4.734B
Short-Term Investments
Other Short-Term Assets $6.154B $5.047B
YoY Change 21.93% 39.23%
Inventory $12.76B $8.830B
Prepaid Expenses $370.0M $302.0M
Receivables $3.269B $2.437B
Other Receivables $2.247B $2.949B
Total Short-Term Assets $29.28B $26.15B
YoY Change 12.0% 29.04%
LONG-TERM ASSETS
Property, Plant & Equipment $9.799B $9.883B
YoY Change -0.85% -4.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.998B $5.143B
YoY Change -2.82% -3.94%
Other Assets $1.077B $2.029B
YoY Change -46.92% 14.18%
Total Long-Term Assets $22.19B $22.25B
YoY Change -0.25% -2.8%
TOTAL ASSETS
Total Short-Term Assets $29.28B $26.15B
Total Long-Term Assets $22.19B $22.25B
Total Assets $51.48B $48.40B
YoY Change 6.37% 12.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.011B $3.440B
YoY Change 16.6% -2.77%
Accrued Expenses $899.0M $905.0M
YoY Change -0.66% -20.26%
Deferred Revenue
YoY Change
Short-Term Debt $2.763B $3.382B
YoY Change -18.3% 112.04%
Long-Term Debt Due $0.00 $508.0M
YoY Change -100.0% -17.26%
Total Short-Term Liabilities $18.51B $17.32B
YoY Change 6.9% 29.61%
LONG-TERM LIABILITIES
Long-Term Debt $8.437B $8.613B
YoY Change -2.04% 12.22%
Other Long-Term Liabilities $1.371B $2.071B
YoY Change -33.8% 8.66%
Total Long-Term Liabilities $12.02B $12.03B
YoY Change -0.07% 11.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.51B $17.32B
Total Long-Term Liabilities $12.02B $12.03B
Total Liabilities $30.54B $29.35B
YoY Change 4.04% 21.31%
SHAREHOLDERS EQUITY
Retained Earnings $20.26B $19.03B
YoY Change 6.49% 2.55%
Common Stock $2.858B $2.690B
YoY Change 6.25% 4.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.84B $18.95B
YoY Change
Total Liabilities & Shareholders Equity $51.48B $48.40B
YoY Change 6.37% 12.15%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $689.0M $391.0M
YoY Change 76.21% 67.81%
Depreciation, Depletion And Amortization $249.0M $245.0M
YoY Change 1.63% 0.0%
Cash From Operating Activities $298.0M -$655.0M
YoY Change -145.5% -67.81%
INVESTING ACTIVITIES
Capital Expenditures $174.0M $194.0M
YoY Change -10.31% -2.02%
Acquisitions $0.00 $8.000M
YoY Change -100.0% -99.57%
Other Investing Activities $10.00M -$1.000M
YoY Change -1100.0% -102.94%
Cash From Investing Activities -$169.0M $1.853B
YoY Change -109.12% -783.76%
FINANCING ACTIVITIES
Cash Dividend Paid $208.0M $203.0M
YoY Change 2.46% 2.53%
Common Stock Issuance & Retirement, Net $0.00 $112.0M
YoY Change -100.0%
Debt Paid & Issued, Net $0.00 $1.000M
YoY Change -100.0% -75.0%
Cash From Financing Activities $1.077B $3.342B
YoY Change -67.77% 213.8%
NET CHANGE
Cash From Operating Activities $298.0M -$655.0M
Cash From Investing Activities -$169.0M $1.853B
Cash From Financing Activities $1.077B $3.342B
Net Change In Cash $1.206B $4.540B
YoY Change -73.44% -465.83%
FREE CASH FLOW
Cash From Operating Activities $298.0M -$655.0M
Capital Expenditures $174.0M $194.0M
Free Cash Flow $124.0M -$849.0M
YoY Change -114.61% -61.98%

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CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
64000000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
81000000 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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115000000 USD
CY2021Q1 us-gaap Share Based Compensation
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76000000 USD
CY2020Q1 us-gaap Share Based Compensation
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51000000 USD
CY2021Q1 adm Deferred Cash Flow Hedges
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CY2020Q1 adm Deferred Cash Flow Hedges
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82000000 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets1
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11000000 USD
CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
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CY2021Q1 us-gaap Other Noncash Income Expense
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CY2020Q1 us-gaap Other Noncash Income Expense
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-241000000 USD
CY2021Q1 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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-666000000 USD
CY2020Q1 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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-17000000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
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515000000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
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251000000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
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1138000000 USD
CY2020Q1 us-gaap Increase Decrease In Inventories
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-182000000 USD
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0 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable From Securitization
IncreaseDecreaseInAccountsReceivableFromSecuritization
2045000000 USD
CY2021Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-413000000 USD
CY2020Q1 us-gaap Increase Decrease In Other Current Assets
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436000000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
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CY2020Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-260000000 USD
CY2021Q1 us-gaap Increase Decrease In Payables To Customers
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561000000 USD
CY2020Q1 us-gaap Increase Decrease In Payables To Customers
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811000000 USD
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CY2020Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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488000000 USD
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CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020Q1 adm Proceedsfromsaleofbusinessandassets
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CY2020Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2020Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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CY2021Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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CY2020Q1 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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CY2020Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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CY2021Q1 us-gaap Payments To Acquire Retained Interest In Securitized Receivables
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CY2020Q1 us-gaap Payments To Acquire Retained Interest In Securitized Receivables
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CY2021Q1 us-gaap Proceeds From Collection Of Retained Interest In Securitized Receivables
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CY2020Q1 us-gaap Proceeds From Collection Of Retained Interest In Securitized Receivables
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CY2020Q1 us-gaap Payments For Proceeds From Other Investing Activities
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CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020Q1 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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CY2021Q1 us-gaap Repayments Of Long Term Debt
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CY2020Q1 us-gaap Repayments Of Long Term Debt
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CY2020Q1 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
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CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
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CY2021Q1 us-gaap Payments Of Dividends
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CY2020Q1 us-gaap Payments Of Dividends
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CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
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CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
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1077000000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
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3342000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1206000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4540000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4646000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2990000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5852000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7530000000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
694000000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4734000000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5158000000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2796000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5852000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7530000000 USD
CY2021Q1 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
0 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
2105000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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20022000000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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1019000000 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.37
CY2021Q1 us-gaap Dividends Common Stock Cash
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208000000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
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76000000 USD
CY2021Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
48000000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20861000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19225000000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
36000000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
203000000 USD
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
112000000 USD
CY2020Q1 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
1000000 shares
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
51000000 USD
CY2020Q1 us-gaap Stockholders Equity Other
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13000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
18976000000 USD
CY2021Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
98000000 USD
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
100000000 USD
CY2021Q1 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
4000000 USD
CY2020Q1 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
11000000 USD
CY2019Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.10
CY2021Q1 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
847000000 USD
CY2020Q1 us-gaap Cost Of Revenue
CostOfRevenue
14019000000 USD
CY2021Q1 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
Pending Accounting Standards<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Through December 31, 2022, the Company has the option to adopt the amended guidance of ASC Topic 848, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reference Rate Reform</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. The expedients and exceptions provided by the amended guidance do not apply to contract modifications made and hedging relationships entered into or evaluated after December 31, 2022, except for hedging relationships existing as of December 31, 2022, that an entity has elected certain optional expedients for and that are retained through the end of the hedging relationship.  The Company plans to adopt the expedients and exceptions provided by the amended guidance before the December 31, 2022 expiry date but has not yet completed its assessment of the impact on the consolidated financial statements.</span>
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
555000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
626000000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
282000000 USD
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
282000000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18893000000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14970000000 USD
CY2021Q1 us-gaap Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-383000000 USD
CY2020Q1 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
381000000 USD
CY2020Q1 us-gaap Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-210000000 USD
CY2021Q1 us-gaap Revenues
Revenues
18893000000 USD
CY2021Q1 us-gaap Cost Of Revenue
CostOfRevenue
17345000000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
33000000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
87000000 USD
CY2021Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-914000000 USD
CY2020Q1 us-gaap Revenues
Revenues
14970000000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
83000000 USD
CY2020Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
251000000 USD
CY2021Q1 adm Unrealizedgainlossoninterestratecashflowhedgesaftertax Aoci
UnrealizedgainlossoninterestratecashflowhedgesaftertaxAOCI
97000000 USD
CY2020Q4 adm Unrealizedgainlossoninterestratecashflowhedgesaftertax Aoci
UnrealizedgainlossoninterestratecashflowhedgesaftertaxAOCI
31000000 USD
CY2020Q1 adm Corn Processed Per Month
CornProcessedPerMonth
72000000 bu
CY2021Q1 adm Corn Processed Per Month
CornProcessedPerMonth
56000000 bu
CY2021Q1 us-gaap Revenues
Revenues
18893000000 USD
CY2021Q1 us-gaap Cost Of Revenue
CostOfRevenue
17345000000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
87000000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
33000000 USD
CY2020Q1 us-gaap Revenues
Revenues
14970000000 USD
CY2020Q1 us-gaap Cost Of Revenue
CostOfRevenue
14019000000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
83000000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000000 USD
CY2021Q1 us-gaap Notional Amount Of Nonderivative Instruments
NotionalAmountOfNonderivativeInstruments
2800000000 EUR
CY2020 us-gaap Notional Amount Of Nonderivative Instruments
NotionalAmountOfNonderivativeInstruments
1500000000 EUR
CY2021Q1 adm Foreign Debtusedin Net Investment Hedge Netof Tax
ForeignDebtusedinNetInvestmentHedgeNetofTax
-1000000 USD
CY2020Q4 adm Foreign Debtusedin Net Investment Hedge Netof Tax
ForeignDebtusedinNetInvestmentHedgeNetofTax
-87000000 USD
CY2021Q1 us-gaap Derivative Assets
DerivativeAssets
2619000000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
3108000000 USD
CY2021Q1 us-gaap Margin Deposit Assets
MarginDepositAssets
624000000 USD
CY2020Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
500000000 USD
CY2021Q1 us-gaap Receivables From Customers
ReceivablesFromCustomers
924000000 USD
CY2020Q4 us-gaap Receivables From Customers
ReceivablesFromCustomers
860000000 USD
CY2021Q1 us-gaap Notes Receivable Net
NotesReceivableNet
215000000 USD
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
297000000 USD
CY2021Q1 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
21000000 USD
CY2020Q4 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
35000000 USD
CY2021Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
370000000 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
290000000 USD
CY2021Q1 adm Biodieseltaxcredit
Biodieseltaxcredit
118000000 USD
CY2020Q4 adm Biodieseltaxcredit
Biodieseltaxcredit
101000000 USD
CY2021Q1 adm Taxreceivables
Taxreceivables
637000000 USD
CY2020Q4 adm Taxreceivables
Taxreceivables
680000000 USD
CY2021Q1 us-gaap Other Receivables
OtherReceivables
450000000 USD
CY2020Q4 us-gaap Other Receivables
OtherReceivables
218000000 USD
CY2021Q1 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
176000000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
135000000 USD
CY2021Q1 us-gaap Other Assets Current
OtherAssetsCurrent
6154000000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
6224000000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4000000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4000000 USD
CY2021Q1 adm Interestonfinancingreceivables
Interestonfinancingreceivables
4000000 USD
CY2020Q1 adm Interestonfinancingreceivables
Interestonfinancingreceivables
8000000 USD
CY2021Q1 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
38000000 USD
CY2020Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
40000000 USD
CY2021Q1 adm Accrued Expenses And Other Payables Disclosure
AccruedExpensesAndOtherPayablesDisclosure
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table sets forth the items in accrued expenses and other payables:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.415%"><tr><td style="width:1.0%"/><td style="width:69.929%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.017%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.535%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.019%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-bottom:2pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-bottom:2pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td colspan="9" style="border-top:2pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(In millions)</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized losses on derivative contracts</span></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,128</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,584 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accrued compensation</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">338</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">396 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax payable</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">137</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other taxes payable</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">140</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">127 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Biodiesel tax credit payable</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">5</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Insurance claims payable</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">246</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract liability</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">555</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">626 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other accruals and payables</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">899</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">926 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">4,448</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:2pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:2pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,943 </span></td><td style="border-bottom:3pt double #000000;border-top:2pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>
CY2021Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
2128000000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2584000000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
338000000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
396000000 USD
CY2021Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
137000000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
41000000 USD
CY2021Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
140000000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
127000000 USD
CY2021Q1 adm Biodieseltaxcreditpayable
Biodieseltaxcreditpayable
5000000 USD
CY2020Q4 adm Biodieseltaxcreditpayable
Biodieseltaxcreditpayable
5000000 USD
CY2021Q1 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
246000000 USD
CY2020Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
238000000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
555000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
626000000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
899000000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
926000000 USD
CY2021Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4448000000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4943000000 USD
CY2021Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
45000000 USD
CY2020Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
7000000 USD
CY2021Q1 us-gaap Debt Instrument Issuance Date1
DebtInstrumentIssuanceDate1
2021-03-25
CY2021Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
500000000 EUR
CY2021Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2022-09-25
CY2021Q1 adm Fair Value Long Term Debt Excess Over Carrying Value
FairValueLongTermDebtExcessOverCarryingValue
1500000000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.159
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.043
CY2020Q1 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
73000000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2604000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
247000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax
230000000 USD
CY2021Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
65000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
86000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
326000000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2278000000 USD
CY2021Q1 adm Gain Losson Saleand Revaluationof Assets
GainLossonSaleandRevaluationofAssets
11000000 USD
CY2020Q1 adm Gain Losson Saleand Revaluationof Assets
GainLossonSaleandRevaluationofAssets
0 USD
CY2021Q1 adm Othernet
Othernet
22000000 USD
CY2020Q1 adm Othernet
Othernet
32000000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
33000000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000000 USD
CY2021Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-6000000 USD
CY2020Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-13000000 USD
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q1 us-gaap Revenues
Revenues
18893000000 USD
CY2020Q1 us-gaap Revenues
Revenues
14970000000 USD
CY2021Q1 us-gaap Revenues
Revenues
18893000000 USD
CY2020Q1 us-gaap Revenues
Revenues
14970000000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
824000000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
375000000 USD
CY2021Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
31000000 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
41000000 USD
CY2021Q1 us-gaap Transfer Of Financial Assets Accounted For As Sales Fair Value Of Derecognized Assets
TransferOfFinancialAssetsAccountedForAsSalesFairValueOfDerecognizedAssets
1700000000 USD
CY2020Q4 us-gaap Transfer Of Financial Assets Accounted For As Sales Fair Value Of Derecognized Assets
TransferOfFinancialAssetsAccountedForAsSalesFairValueOfDerecognizedAssets
1600000000 USD
CY2021Q1 adm Amount Of Receivables Sold
AmountOfReceivablesSold
12100000000 USD
CY2020Q1 adm Amount Of Receivables Sold
AmountOfReceivablesSold
8700000000 USD
CY2020Q4 us-gaap Pledged Assets Not Separately Reported Finance Receivables
PledgedAssetsNotSeparatelyReportedFinanceReceivables
400000000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-4000000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-2000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Receivables
ProceedsFromSaleOfOtherReceivables
10500000000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Other Receivables
ProceedsFromSaleOfOtherReceivables
8500000000 USD
CY2020Q1 us-gaap Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
3300000000 USD
CY2021Q1 us-gaap Pledged Assets Not Separately Reported Finance Receivables
PledgedAssetsNotSeparatelyReportedFinanceReceivables
600000000 USD
CY2021Q2 adm Number Of Retirees
NumberOfRetirees
6000 retirees
CY2021Q2 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-700000000 USD
CY2021Q2 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
-80000000 USD

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