Archer-Daniels-Midland Company (ADM) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6668522,0038049151,3481,614
Cash and cash equivalents6668521,9978046199101,099
Short-term investments  6 296438515
Restricted cash and investments     5,2144,877
Receivables2,8292,2982,2671,9791,9371,7382,704
Inventory, net of allowances, customer advances and progress billings11,7139,1708,8139,1738,8318,2439,374
Inventory11,7139,1708,8139,1738,8318,2439,374
Disposal group, including discontinued operation      1,403
Other current assets6,2244,6003,0333,1754,3835,2866,056
Other undisclosed current assets5,8544,4274,4724,7944,979  
Total current assets:27,28621,34720,58819,92521,04521,82926,028
Noncurrent Assets
Operating lease, right-of-use asset1,102 
Property, plant and equipment9,95110,1069,95310,1389,7589,8539,960
Long-term investments and receivables4,9135,1325,3245,1804,6844,3404,377
Long-term investments4,9135,1325,3245,1804,6844,3404,377
Intangible assets, net (including goodwill), including:5,4135,4764,0413,9183,7033,6883,283
Goodwill3,4513,3852,4962,3742,2462,185 
Intangible assets, net (excluding goodwill)1,9622,0911,5451,5441,4571,5031,273
Other undisclosed intangible assets, net (including goodwill)      2,010
Other noncurrent assets1,0541,936927802579447379
Total noncurrent assets:22,43322,65020,24520,03818,72418,32817,999
TOTAL ASSETS:49,71943,99740,83339,96339,76940,15744,027
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,4743,7463,5453,8943,6063,4748,440
Accounts payable4,4743,7463,5453,8943,6063,4744,326
Accrued liabilities      4,114
Debt2,0441,20969087042798132
Due to related parties   79   
Disposal group, including discontinued operation      230
Deferred tax liabilities   17 
Other liabilities4,9433,7572,9132,8333,9824,1135,040
Other undisclosed current liabilities6,7215,0224,6284,8945,1585,8031,760
Total current liabilities:18,18213,73411,77612,57013,17313,50515,602
Noncurrent Liabilities
Long-term debt and lease obligation8,7487,6727,6986,6236,5045,7795,558
Long-term debt, excluding current maturities7,8857,6727,6986,6236,5045,7795,558
Operating lease, liability863 
Liabilities, other than long-term debt2,6933,3081,2472,3952,8872,9583,237
Deferred tax liabilities, net 1,0531,6691,5631,662
Deferred income tax liabilities1,3021,194
Other liabilities1,3912,1141,2471,3421,2181,3951,575
Other undisclosed noncurrent liabilities  1,067    
Total noncurrent liabilities:11,44110,98010,0129,0189,3918,7378,795
Total liabilities:29,62324,71421,78821,58822,56422,24224,397
Temporary equity, carrying amount7458495324  
Stockholders' equity
Stockholders' equity attributable to parent20,00013,80813,68112,81311,67313,19916,875
Common stock2,8242,6552,5602,3982,3273,1805,115
Treasury stock, value (5,400)(5,300)(5,500)(5,500)(4,700)(2,700)
Accumulated other comprehensive loss(2,604)(2,405)(2,106)(1,637)(2,598)(2,146)(1,241)
Retained earnings19,78018,95818,52717,55217,44416,86515,701
Stockholders' equity attributable to noncontrolling interest221715981655
Other undisclosed stockholders' equity 5,4005,3005,5005,5004,7002,700
Total stockholders' equity:20,02219,22518,99618,32217,18117,91519,630
TOTAL LIABILITIES AND EQUITY:49,71943,99740,83339,96339,76940,15744,027

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues64,35564,65664,34160,82862,34667,70281,201
Cost of revenue(59,902)(60,509)(60,160)(57,322)(58,662)(63,682)(76,433)
Gross profit:4,4534,1474,1813,5063,6844,0204,768
Operating expenses(2,767)(2,796)(2,336)(2,166)(2,100)(2,210)(2,118)
Operating income:1,6861,3511,8451,3401,5841,8102,650
Nonoperating income (expense)366(7)(101)3714732135
Investment income, nonoperating88     (212)
Other nonoperating income (expense)27832(27)(32)17(62)247
Interest and debt expense(339)(402)(364)(330)(293)(308)(337)
Income from continuing operations before equity method investments, income taxes:1,7139421,3801,0471,4381,8232,348
Income from equity method investments579454518456292390372
Other undisclosed income (loss) from continuing operations before income taxes(409)1921621069271410
Income from continuing operations before income taxes:1,8831,5882,0601,6091,8222,2843,130
Income tax expense(101)(209)(245)(7)(534)(438)(877)
Net income:1,7821,3791,8151,6021,2881,8462,253
Net income (loss) attributable to noncontrolling interest(10) (5)(7)(9)3(5)
Net income available to common stockholders, diluted:1,7721,3791,8101,5951,2791,8492,248

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1,7821,3791,8151,6021,2881,8462,253
Other comprehensive income (loss)(192)(297)(469)963(453)(906)(1,185)
Comprehensive income:1,5901,0821,3462,5658359401,068
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(17)(2)(5)(9)(8)4(4)
Comprehensive income, net of tax, attributable to parent:1,5731,0801,3412,5568279441,064

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.

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