ADM · 8-K · 20260804PR000040

Liquidity and Debt Position

Archer-Daniels-Midland Co · 2026-08-04 · Importance 49 · Surprise 32

Cash and cash equivalents were $1.060 billion at June 30, 2026, essentially unchanged from $1.057 billion a year earlier, while short-term marketable securities increased to $33 million from $9 million. Short-term debt declined to $407 million from $856 million, and long-term debt including current maturities declined to $7.604 billion from $8.372 billion. Total reported debt therefore declined approximately 14% year over year to $8.011 billion. Six-month financing cash outflows included $389 million of repayments under lines of credit and $510 million of cash dividends.

Key facts

• Short-term debt at June 30, 2026: $407 million and long-term debt including current maturities at June 30, 2026: $7,604 million source
• Net repayments under lines of credit agreements for the six months ended June 30, 2026: $(389) million source
• ADM's share of equity method investment non-recurring charges year-to-date 2026: $55 million (driven by Wilmar provisions) source
• Cash and cash equivalents at June 30, 2026: $1,060 million (Net Investment In section) source
• Operating working capital at June 30, 2026: $8,254 million source
• Goodwill and other intangibles at June 30, 2026: $6,498 million, down from $7,036 million at June 30, 2025 source
• Interest expense for the quarter ended June 30, 2026: $148 million (interest expense line), and interest expense - net in Corporate Results: $(103) million source
• Cash, cash equivalents, restricted cash, and restricted cash equivalents - end of period June 30, 2026: $5,457 million source