v3.26.1
Segment Information - Information by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Jul. 04, 2026
Jun. 28, 2025
Dec. 31, 2025
Segment Information          
Net sales $ 2,922 $ 2,480 $ 5,322 $ 4,796  
Less significant segment expenses:          
Cost of sales 2,701 2,318 4,884 4,492  
Selling, general and administrative expenses 121 110 242 214  
Total segment/consolidated operating income (loss) 100 52 196 90  
Income from affiliates 41 29 83 42  
Total operating income (loss) and income from affiliates 141 81 279 132  
Depreciation and amortization expense 83 80 166 158  
Capital expenditures 102 151 198 260  
Total assets 8,682 8,246 8,682 8,246 $ 8,246
Investments in and advances to affiliates 792 795 792 795  
Investments in and advances to affiliates 792   792   795
Short-term investments 1,062   1,062   1,052
Products          
Segment Information          
Net sales 2,420 2,020 4,301 3,856  
Less significant segment expenses:          
Cost of sales 2,274 1,954 4,033 3,755  
Services          
Segment Information          
Net sales 428 406 887 833  
Less significant segment expenses:          
Cost of sales 379 322 754 651  
Transportation          
Segment Information          
Net sales 409 390 845 797  
Other          
Segment Information          
Net sales 19 16 42 36  
Other          
Segment Information          
Net sales 74 54 134 107  
Less significant segment expenses:          
Cost of sales 48 42 97 86  
Energy          
Segment Information          
Net sales 74 54 134 107  
Pork          
Segment Information          
Net sales 502 529 987 1,015  
Less significant segment expenses:          
Selling, general and administrative expenses 26 25 55 51  
Total segment/consolidated operating income (loss)   28   (3)  
Income from affiliates 4 8 16 16  
Total operating income (loss) and income from affiliates   36   13  
Depreciation and amortization expense   41 80 80  
Capital expenditures 25 39 53 66  
Total assets 2,041 2,033 2,041 2,033  
Investments in and advances to affiliates 165 160 165 160  
Pork | Products          
Segment Information          
Net sales 483 511 948 979  
Pork | Transportation          
Segment Information          
Net sales 6 6 12 10  
Pork | Other          
Segment Information          
Net sales 13 12 27 26  
CT&M          
Segment Information          
Net sales 1,551 1,343 2,756 2,568  
Less significant segment expenses:          
Selling, general and administrative expenses 42 38 83 72  
Total segment/consolidated operating income (loss)   7   48  
Income from affiliates 4 3 9 7  
Total operating income (loss) and income from affiliates   10   55  
Depreciation and amortization expense   6 14 12  
Capital expenditures 27 13 42 17  
Total assets 2,018 1,662 2,018 1,662  
Investments in and advances to affiliates 181 173 181 173  
CT&M | Products          
Segment Information          
Net sales 1,545 1,339 2,741 2,558  
CT&M | Other          
Segment Information          
Net sales 6 4 15 10  
Marine          
Segment Information          
Net sales 403 383 831 786  
Less significant segment expenses:          
Selling, general and administrative expenses 29 26 60 53  
Total segment/consolidated operating income (loss)   44   101  
Income from affiliates 1 1 2 2  
Total operating income (loss) and income from affiliates   45   103  
Depreciation and amortization expense   16 35 32  
Capital expenditures 2 86 8 160  
Total assets 1,242 1,285 1,242 1,285  
Investments in and advances to affiliates 45 43 45 43  
Marine | Transportation          
Segment Information          
Net sales 403 383 831 786  
Liquid Fuels          
Segment Information          
Net sales 370 146 567 267  
Less significant segment expenses:          
Selling, general and administrative expenses 5 4 10 8  
Total segment/consolidated operating income (loss)   (26)   (52)  
Total operating income (loss) and income from affiliates   (26)   (52)  
Depreciation and amortization expense   8 18 16  
Capital expenditures 4 5 6 6  
Total assets 758 690 758 690  
Liquid Fuels | Products          
Segment Information          
Net sales 370 146 567 267  
Power          
Segment Information          
Net sales 74 54 134 107  
Less significant segment expenses:          
Selling, general and administrative expenses 5 5 9 8  
Total segment/consolidated operating income (loss)   9   16  
Total operating income (loss) and income from affiliates   9   16  
Depreciation and amortization expense   5 11 11  
Capital expenditures 35   79 1  
Total assets 453 348 453 348  
Investments in and advances to affiliates 3 3 3 3  
Power | Energy          
Segment Information          
Net sales 74 54 134 107  
Turkey          
Less significant segment expenses:          
Income from affiliates 32 17 56 17  
Total operating income (loss) and income from affiliates   17   17  
Total assets 396 413 396 413  
Investments in and advances to affiliates 396 413 396 413  
All Other and Corporate          
Segment Information          
Net sales 22 25 47 53  
Less significant segment expenses:          
Selling, general and administrative expenses 14 12 25 22  
Total segment/consolidated operating income (loss)   (10)   (20)  
Total operating income (loss) and income from affiliates   (10)   (20)  
Depreciation and amortization expense   4 8 7  
Capital expenditures 9 8 10 10  
Total assets 1,774 1,815 1,774 1,815  
Investments in and advances to affiliates 2 3 2 3  
All Other and Corporate | Products          
Segment Information          
Net sales 22 24 45 52  
All Other and Corporate | Transportation          
Segment Information          
Net sales   1 2 1  
Corporate          
Less significant segment expenses:          
Short-term investments 1,000   1,000   $ 1,000
Operating Segments | Pork          
Segment Information          
Net sales 520 541 1,017 1,036  
Less significant segment expenses:          
Cost of sales 477 488 938 988  
Total segment/consolidated operating income (loss) 17   24    
Total operating income (loss) and income from affiliates 21   40    
Depreciation and amortization expense 40        
Operating Segments | CT&M          
Segment Information          
Net sales 1,551 1,343 2,756 2,568  
Less significant segment expenses:          
Cost of sales 1,499 1,298 2,646 2,448  
Total segment/consolidated operating income (loss) 10   27    
Total operating income (loss) and income from affiliates 14   36    
Depreciation and amortization expense 7        
Operating Segments | Marine          
Segment Information          
Net sales 404 385 833 790  
Less significant segment expenses:          
Cost of sales 368 315 732 636  
Total segment/consolidated operating income (loss) 7   41    
Total operating income (loss) and income from affiliates 8   43    
Depreciation and amortization expense 17        
Operating Segments | Liquid Fuels          
Segment Information          
Net sales 370 146 567 267  
Less significant segment expenses:          
Cost of sales 312 168 467 311  
Total segment/consolidated operating income (loss) 53   90    
Total operating income (loss) and income from affiliates 53   90    
Depreciation and amortization expense 9        
Operating Segments | Power          
Segment Information          
Net sales 74 54 134 107  
Less significant segment expenses:          
Cost of sales 47 40 94 83  
Total segment/consolidated operating income (loss) 22   31    
Total operating income (loss) and income from affiliates 22   31    
Depreciation and amortization expense 5        
Operating Segments | Turkey          
Less significant segment expenses:          
Total operating income (loss) and income from affiliates 32   56    
Operating Segments | All Other and Corporate          
Segment Information          
Net sales 22 25 47 53  
Less significant segment expenses:          
Cost of sales 20 23 42 51  
Total segment/consolidated operating income (loss) (12)   (20)    
Total operating income (loss) and income from affiliates (12)   (20)    
Depreciation and amortization expense 5        
Intersegment Eliminations          
Segment Information          
Net sales (19) (14) (32) (25)  
Less significant segment expenses:          
Cost of sales (22) (14) (35) (25)  
Total segment/consolidated operating income (loss) 3   3    
Total operating income (loss) and income from affiliates 3   3    
Intersegment Eliminations | Pork          
Segment Information          
Net sales 18 12 30 21  
Intersegment Eliminations | Marine          
Segment Information          
Net sales $ 1 $ 2 $ 2 $ 4