Archer-Daniels-Midland Company (ADM) financial statements (2022 and earlier)

Company profile

Business Address 77 W. WACKER DR.
CHICAGO, IL 60601
State of Incorp. DE
Fiscal Year End December 31
SIC 207 - Fats And Oils (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9431,0838696946669481,203
Cash and cash equivalents9431,0838696946669481,203
Restricted cash and investments 7,8917,1146,403 5,4845,045
Receivables3,3433,7973,4783,2692,8292,6162,583
Inventory, net of allowances, customer advances and progress billings14,48111,16911,44612,76411,7138,7627,626
Inventory14,48111,16911,44612,76411,7138,7627,626
Disposal group, including discontinued operation 130     
Other current assets5,1585,2205,5976,1546,2244,9565,554
Other undisclosed current assets7,984   5,854  
Total current assets:31,90929,29028,50429,28427,28622,76622,011
Noncurrent Assets
Operating lease, right-of-use asset1,0231,0051,0431,0711,102  
Property, plant and equipment9,8039,8489,8739,7999,9519,8169,833
Long-term investments and receivables5,2855,1485,1134,9984,9134,7715,239
Long-term investments5,2855,1485,1134,9984,9134,7715,239
Intangible assets, net (including goodwill), including:6,7475,7055,2665,2495,4135,2755,212
Goodwill4,182   3,451  
Intangible assets, net (excluding goodwill)2,565   1,962  
Other undisclosed intangible assets, net (including goodwill) 5,7055,2665,249 5,2755,212
Other noncurrent assets1,3691,3021,1591,0771,0542,1672,046
Total noncurrent assets:24,22723,00822,45422,19422,43322,02922,330
TOTAL ASSETS:56,13652,29850,95851,47849,71944,79544,341
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6,3884,6173,4414,0114,4743,3472,897
Accounts payable6,3884,6173,4414,0114,4743,3472,897
Debt1,5288951,2892,7632,044211541
Other liabilities4,7904,1214,4794,4484,9434,2803,531
Other undisclosed current liabilities9,2428,9438,0877,2906,7216,0695,840
Total current liabilities:21,94818,57617,29618,51218,18213,90712,809
Noncurrent Liabilities
Long-term debt and lease obligation8,7768,7989,2329,2678,7487,9228,632
Long-term debt, excluding current maturities8,0118,0398,4328,4377,8857,9228,632
Operating lease, liability765759800830863  
Liabilities, other than long-term debt2,6452,7092,7562,7562,6933,5403,504
Deferred income tax liabilities1,4121,3511,3711,3851,3021,3441,347
Other liabilities1,2331,3581,3851,3711,3912,1962,157
Total noncurrent liabilities:11,42111,50711,98812,02311,44111,46212,136
Total liabilities:33,36930,08329,28430,53529,62325,36924,945
Temporary equity, carrying amount2592257182748585
Stockholders' equity
Stockholders' equity attributable to parent22,17721,96921,58220,84120,00019,32219,293
Common stock2,9942,9642,9412,8582,8242,7602,705
Treasury stock, value(300)      
Accumulated other comprehensive loss(2,172)(2,076)(2,121)(2,278)(2,604)(2,749)(2,705)
Retained earnings21,65521,08120,76220,26119,78019,31119,293
Stockholders' equity attributable to noncontrolling interest31212120221918
Other undisclosed stockholders' equity300      
Total stockholders' equity:22,50821,99021,60320,86120,02219,34119,311
TOTAL LIABILITIES AND EQUITY:56,13652,29850,95851,47849,71944,79544,341

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues23,09020,34022,92618,89317,97815,12616,281
Cost of revenue(21,440)(19,014)(21,463)(17,345)(16,626)(14,084)(15,173)
Gross profit:1,6501,3261,4631,5481,3521,0421,108
Operating expenses(866)(722)(762)(808)(768)(640)(654)
Operating income:784604701740584402454
Nonoperating income (expense)143 146474(262)82
Investment income, nonoperating13205013171615
Other nonoperating income (expense)130(20)(49)33457(278)67
Interest and debt expense(113)(61)(40)(87)(69)(100)(87)
Income from continuing operations before equity method investments, income taxes:81454366269998940449
Income from equity method investments197110163125176160103
Other undisclosed loss from continuing operations before income taxes    (409)  
Income from continuing operations before income taxes:1,011653825824756200552
Income tax expense (benefit)(214)(120)(113)(131)(63)26(80)
Net income:797533712693693226472
Net loss attributable to noncontrolling interest(15)(7) (4)(6)(1)(3)
Net income available to common stockholders, diluted:782526712689687225469

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income:797533712693693226472
Other comprehensive income (loss)(95)44157326147(43)59
Comprehensive income:7025778691,019840183531
Comprehensive loss, net of tax, attributable to noncontrolling interest(16)(6) (4)(8)(2)(3)
Comprehensive income, net of tax, attributable to parent:6865718691,015832181528

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: