Archer Daniels Midland 2009 Annual Report Download - page 82

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76
Archer Daniels Midland Company
Notes to Consolidated Financial Statements (Continued)
Note 15.
Segment and Geographic Information (Continued)
2009
2008
(In millions)
Gross additions to property, plant, and equipment
Oilseeds Processing
$ 258
$ 190
Corn Processing
1,018
979
Agricultural Services
254
166
Other
471
405
Corporate
58
49
Total
$ 2,059
$ 1,789
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.
2009
2008
2007
(In millions)
Net sales and other operating income
United States
$ 35,485
$ 37,466
$ 24,244
Germany
7,431
8,335
6,569
Other Foreign
26,291
24,015
13,205
$ 69,207
$ 69,816
$ 44,018
Long-lived assets
United States
$ 6,452
$ 5,554
Foreign
1,754
1,817
$ 8,206
$ 7,371
Note 16.
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 obligations. 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 $137 million at June
30, 2009. Amounts outstanding for the primary entity under these contingent obligations were $82 million at
June 30, 2009.
During fiscal year 2009, the Company had under construction new ethanol, propylene/ethylene glycol, PHA, cocoa
production facilities, and two cogeneration facilities. As of June 30, 2009, the Company has entered into purchase
commitments totaling $252 million with third parties related to the construction of those facilities.