Archer Daniels Midland 2007 Annual Report Download - page 79

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71
Archer Daniels Midland Company
Notes to Consolidated Financial Statements (Continued)
Note 14. Segment and Geographic Information (Continued)
2007 2006
(In millions)
Gross additions to property, plant, and equipment
Oilseeds Processing $ 269 $ 216
Corn Processing 632 314
Agricultural Services 108 158
Other 360 140
Corporate 35 13
Total $ 1,404 $ 841
Geographic information: The following geographic area data include net sales and other operating income
attributed to the countries based on the location of the subsidiary making the sale and long-lived assets based on
physical location. Long-lived assets represent the sum of the net book value of property, plant, and equipment
plus goodwill related to consolidated businesses.
2007 2006 2005
(In millions)
Net sales and other operating income
United States $ 24,244 $20,358 $19,450
Germany 6,569 5,396 5,991
Other foreign 13,205 10,842 10,502
$ 44,018 $36,596 $35,943
Long-lived assets
United States $ 4,515 $ 3,975
Foreign 1,729 1,547
$ 6,244 $ 5,522
Note 15. Guarantees and Commitments
The Company has entered into agreements, primarily debt guarantee agreements related to equity-method
investees, which could obligate the Company to make future payments if the primary entity fails to perform its
contractual obligation. The Company has not recorded a liability for payment of these contingent obligations, as
the Company believes the fair value of these contingent obligations is immaterial. The Company has collateral
for a portion of these contingent obligations. These contingent obligations totaled $98 million at June 30, 2007.
Amounts outstanding for the primary entity under these contingent obligations were $51 million at
June 30, 2007.
As of June 30, 2007, the Company has under construction new ethanol, biodiesel, PHA, and cocoa production
facilities. As of that date, the Company has entered into purchase commitments totaling $660 million with third
parties related to the construction of those facilities.