v3.26.3
CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Revenues $ 22,335 $ 20,372 $ 65,506 $ 61,713
Cost of products sold 20,449 19,102 60,463 57,893
Gross Profit 1,886 1,270 5,043 3,820
Selling, general, and administrative expenses 946 873 2,933 2,716
Asset impairment, exit, and restructuring costs 5 246 30 421
Equity in (earnings) loss of unconsolidated affiliates (157) 41 (388) (237)
Interest and investment (income) (99) (121) (340) (189)
Interest expense 165 153 462 470
Other expense (income) – net 29 (69) (123) (140)
Earnings Before Income Taxes 997 147 2,469 779
Income tax expense 171 37 428 160
Net Earnings Including Non-controlling Interests 826 110 2,041 619
Net earnings (loss) attributable to non-controlling interests 5 2 14 (3)
Net Earnings Attributable to Archer-Daniels-Midland Company $ 821 $ 108 $ 2,027 $ 622
Weighted average number of shares outstanding - basic (in shares) 484 484 485 484
Weighted average number of shares outstanding – diluted (in shares) 484 484 485 484
Basic earnings per common share (in dollars per share) $ 1.70 $ 0.22 $ 4.18 $ 1.29
Diluted earnings per common share (in dollars per share) $ 1.70 $ 0.22 $ 4.18 $ 1.29