v3.26.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of segment reporting information by segment
The following tables present information about our Net sales, significant segment costs and adjusted operating income by reportable segment and All Other:
Three Months Ended June 30, 2026
T&HSF&II–LATAMF&II–U.S./CanadaAll OtherCorporateTotal
Segment net sales$662 $622 $536 $132 $— 
Inter-segment net sales(35)(11)(48)(8)— 
Net sales to unaffiliated customers$627 $611 $488 $124 $— $1,850 
Segment cost of sales$434 $462 $408 $99 $— 
Other operating expenses76 31 22 19 41 
Adjusted operating income (loss)$117 $118 $58 $6 $(41)$258 
Unallocated (costs) (i)
(70)
Operating income$188 
Three Months Ended June 30, 2025
T&HSF&II–LATAMF&II–U.S./CanadaAll OtherCorporateTotal
Segment net sales$608 $610 $550 $119 $— 
Inter-segment net sales(9)(14)(27)(4)— 
Net sales to unaffiliated customers$599 $596 $523 $115 $— $1,833 
Segment cost of sales$407 $434 $417 $98 $— 
Other operating expenses81 35 20 18 50 
Adjusted operating income (loss)$111 $127 $86 $(1)$(50)$273 
Unallocated (costs) (i)
(2)
Operating income$271 
Six Months Ended June 30, 2026
T&HSF&II–LATAMF&II–U.S./CanadaAll OtherCorporateTotal
Segment net sales$1,288 $1,211 $1,038 $257 $— 
Inter-segment net sales(44)(21)(75)(12)— 
Net sales to unaffiliated customers$1,244 $1,190 $963 $245 $— $3,642 
Segment cost of sales$871 $895 $826 $202 $— 
Other operating expenses156 62 45 34 81 
Adjusted operating income (loss)$217 $233 $92 $9 $(81)$470 
Unallocated (costs) (i)
(79)
Operating income$391 
Six Months Ended June 30, 2025
T&HSF&II–LATAMF&II–U.S./CanadaAll OtherCorporateTotal
Segment net sales$1,219 $1,196 $1,103 $240 $— 
Inter-segment net sales(18)(27)(60)(7)— 
Net sales to unaffiliated customers$1,201 $1,169 $1,043 $233 $— $3,646 
Segment cost of sales$833 $854 $822 $199 $— 
Other operating expenses158 61 43 35 95 
Adjusted operating income (loss)$210 $254 $178 $(1)$(95)$546 
Unallocated income (i)
1 
Operating income$547 
Three Months Ended June 30,Six Months Ended June 30,
(i) Unallocated (costs) income:
2026202520262025
Acquisition/integration costs$(6)$— $(6)$— 
Impairment charges(31)— (31)(6)
Restructuring costs(14)(3)(25)(4)
Other matters(19)1 (17)11 
Total unallocated (costs) income$(70)$(2)$(79)$1 
Property, plant and equipment, net by reportable segment and All Other was as follows:
As of
June 30, 2026		As of
December 31, 2025
Texture & Healthful Solutions$994 $979 
Food & Industrial Ingredients–LATAM
583 592 
Food & Industrial Ingredients–U.S./Canada
644 612 
All Other (i)
300 343 
Total property, plant and equipment, net$2,521 $2,526 
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(i)For purposes of presentation, All Other includes Corporate assets.