Archer-Daniels-Midland Company (ADM) financial statements (2020 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)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9582,0038049151,3481,6143,554
Cash and cash equivalents9321,9978046199101,0993,121
Short-term investments266 296438515433
Restricted cash and investments4,389   5,2144,8773,961
Receivables2,2412,2671,9791,9371,7382,7043,224
Inventory, net of allowances, customer advances and progress billings8,0758,8139,1738,8318,2439,37411,441
Inventory8,0758,8139,1738,8318,2439,37411,441
Disposal group, including discontinued operation     1,403 
Other current assets3,5153,0333,1754,3835,2866,0566,350
Other undisclosed current assets 4,4724,7944,979   
Total current assets:19,17820,58819,92521,04521,82926,02828,530
Noncurrent Assets
Property, plant and equipment10,1019,95310,1389,7589,8539,96010,137
Long-term investments and receivables5,4095,3245,1804,6844,3404,3773,848
Long-term investments5,4095,3245,1804,6844,3404,3773,848
Intangible assets, net (including goodwill), including:5,4014,0413,9183,7033,6883,283759
Goodwill8572,4962,3742,2462,185 562
Intangible assets, net (excluding goodwill) 1,5451,5441,4571,5031,273197
Other undisclosed intangible assets, net (including goodwill)4,544    2,010
Other noncurrent assets1,715927802579447379478
Total noncurrent assets:22,62620,24520,03818,72418,32817,99915,222
TOTAL ASSETS:41,80440,83339,96339,76940,15744,02743,752
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,9733,5453,8943,6063,4748,4408,479
Accounts payable2,9733,5453,8943,6063,4744,3264,513
Accrued liabilities     4,1143,966
Debt1,257690870427981321,523
Due to related parties  79    
Disposal group, including discontinued operation     230 
Deferred tax liabilities   17  
Other liabilities2,9272,9132,8333,9824,1135,0404,790
Other undisclosed current liabilities4,8634,6284,8945,1585,8031,760866
Total current liabilities:12,02011,77612,57013,17313,50515,60215,658
Noncurrent Liabilities
Long-term debt and lease obligation7,6317,6986,6236,5045,7795,5585,347
Long-term debt, excluding current maturities7,6317,6986,6236,5045,7795,5585,347
Liabilities, other than long-term debt3,2051,2472,3952,8872,9583,2372,553
Deferred tax liabilities, net 1,0531,6691,5631,6621,448
Deferred income tax liabilities1,302
Other liabilities1,9031,2471,3421,2181,3951,5751,105
Other undisclosed noncurrent liabilities 1,067     
Total noncurrent liabilities:10,83610,0129,0189,3918,7378,7957,900
Total liabilities:22,85621,78821,58822,56422,24224,39723,558
Temporary equity, carrying amount53495324   
Stockholders' equity
Stockholders' equity attributable to parent18,87313,68112,81311,67313,19916,87518,556
Common stock2,6172,5602,3982,3273,1805,1156,136
Treasury stock, value (5,300)(5,500)(5,500)(4,700)(2,700)(1,600)
Accumulated other comprehensive loss(2,395)(2,106)(1,637)(2,598)(2,146)(1,241)(57)
Retained earnings18,65118,52717,55217,44416,86515,70114,077
Stockholders' equity attributable to noncontrolling interest221598165538
Other undisclosed stockholders' equity 5,3005,5005,5004,7002,7001,600
Total stockholders' equity:18,89518,99618,32217,18117,91519,63020,194
TOTAL LIABILITIES AND EQUITY:41,80440,83339,96339,76940,15744,02743,752

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues64,27464,34160,82862,34667,70281,20189,804
Cost of revenue(60,243)(60,160)(57,322)(58,662)(63,682)(76,433)(85,915)
Gross profit:4,0314,1813,5063,6844,0204,7683,889
Operating expenses(2,727)(2,336)(2,166)(2,100)(2,210)(2,118)(2,058)
Operating income:1,3041,8451,3401,5841,8102,6501,831
Nonoperating income (expense)(104)(101)3714732135155
Investment income, nonoperating     (212)102
Other nonoperating income (expense)(22)(27)(32)17(62)24753
Interest and debt expense(404)(364)(330)(293)(308)(337)(413)
Income from continuing operations before equity method investments, income taxes:7961,3801,0471,4381,8232,3481,573
Income from equity method investments419518456292390372411
Other undisclosed income from continuing operations before income taxes189162106927141040
Income from continuing operations before income taxes:1,4042,0601,6091,8222,2843,1302,024
Income tax expense(207)(245)(7)(534)(438)(877)(670)
Net income:1,1971,8151,6021,2881,8462,2531,354
Net income (loss) attributable to noncontrolling interest(7)(5)(7)(9)3(5)(12)
Net income available to common stockholders, diluted:1,1901,8101,5951,2791,8492,2481,342

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1,1971,8151,6021,2881,8462,2531,354
Other comprehensive income (loss)(364)(469)963(453)(906)(1,185)384
Comprehensive income:8331,3462,5658359401,0681,738
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(7)(5)(9)(8)4(4)3
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1     (6)
Comprehensive income, net of tax, attributable to parent:8271,3412,5568279441,0641,735

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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