Archer-Daniels-Midland Co (ADM) Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Weighted-Average Interest Crediting Rate

Archer-Daniels-Midland Co Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Weighted-Average Interest Crediting Rate

Archer-Daniels-Midland Co (ADM) reported Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Weighted-Average Interest Crediting Rate of 3.90% for the 12-month period ending 2023-12-31, per its 10-K/A filed 2024-11-18.

Financial Statements › Income Statement › Earnings Per Share

us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostWeightedAverageInterestCreditingRate · last filed 2024-11-18

• Archer-Daniels-Midland Co defined benefit plan, assumptions used calculating net periodic benefit cost, weighted-average interest crediting rate for fiscal 2023 was 3.90%, a 105.26% increase from fiscal 2022.
• Archer-Daniels-Midland Co defined benefit plan, assumptions used calculating net periodic benefit cost, weighted-average interest crediting rate for fiscal 2022 was 1.90%, a 5.00% decline from fiscal 2021.
• Archer-Daniels-Midland Co defined benefit plan, assumptions used calculating net periodic benefit cost, weighted-average interest crediting rate for fiscal 2021 was 2.00%, a 9.09% decline from fiscal 2020.
• Archer-Daniels-Midland Co defined benefit plan, assumptions used calculating net periodic benefit cost, weighted-average interest crediting rate for fiscal 2020 was 2.20%, a 33.33% decline from fiscal 2019.