Archer-Daniels-Midland (ADM) 10-Q 1 Nov 16 2016 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 01, 2016
Entity Information [Abstract]
Entity Central Index Key	7,084
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Registrant Name	ARCHER DANIELS MIDLAND CO
Entity Common Stock, Shares Outstanding		575,399,675

Consolidated Statements Of Earn

Consolidated Statements Of Earnings - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Revenues	$ 15,832	$ 16,565	$ 45,845	$ 51,257
Cost of Revenue	14,727	15,476	43,187	48,102
Gross Profit	1,105	1,089	2,658	3,155
Selling, general, and administrative expenses	561	519	1,575	1,550
Asset impairment, exit, and restructuring costs	11	65	36	96
Interest expense	78	69	213	235
Equity in earnings of unconsolidated affiliates	2	(61)	(153)	(287)
Interest income	(23)	(13)	(68)	(52)
Other Income (Expense)	(4)	143	(138)	30
Earnings Before Income Taxes	480	367	1,193	1,583
Income taxes	136	114	331	454
Net earnings including noncontrolling interests	344	253	862	1,129
Less: Net earnings (losses) attributable to noncontrolling interests	3	1	7	(2)
Net Earnings Attributable to Controlling Interests	$ 341	$ 252	$ 855	$ 1,131
Average number of shares outstanding - basic	586	612	591	624
Average number of shares outstanding - diluted	589	615	593	627
Earnings Per Share, Basic	$ 0.58	$ 0.41	$ 1.45	$ 1.81
Earnings Per Share, Diluted	0.58	0.41	1.44	1.80
Dividends per common share	$ 0.30	$ 0.28	$ 0.9	$ 0.84

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net earnings including noncontrolling interests	$ 344	$ 253	$ 862	$ 1,129
Other Comprehensive Income (Loss), before Tax
Foreign currency translation adjustment, before tax	(41)	(175)	(57)	(700)
Pension and other postretirement benefit liabilities adjustment, before tax	11	35	27	73
Deferred gain (loss) on hedging activities, before tax	1	(46)	(10)	(64)
Unrealized gain (loss) on investments, before tax	(28)	20	(16)	43
Other Comprehensive Income (Loss), Tax
Foreign currency translation adjustment, tax effect	5	3	18	29
Pension and other postretirement benefit liabilities adjustment, tax effect	(4)	(8)	(7)	(27)
Deferred gain (loss) on hedging activities, tax effect	3	13	3	25
Unrealized gain (loss) on investments, tax effect	1	1	(2)	(1)
Other Comprehensive Income (Loss), Net of Tax
Foreign currency translation adjustment, net of tax	(36)	(172)	(39)	(671)
Pension and other postretirement benefit liabilities adjustment, net of tax	7	27	20	46
Deferred gain (loss) on hedging activities, net of tax	4	(33)	(7)	(39)
Unrealized gain (loss) on investments, net of tax	(27)	21	(18)	42
Other comprehensive income (loss)	(52)	(157)	(44)	(622)
Comprehensive income (loss) including noncontrolling interests	292	96	818	507
Less: Comprehensive income (loss) attributable to noncontrolling interests	3	1	7	(3)
Comprehensive income (loss) attributable to controlling interests	$ 289	$ 95	$ 811	$ 510

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 701	$ 910
Short-term marketable securities	256	438
Segregated cash and investments	5,397	5,214
Trade receivables	2,253	1,738
Inventories	7,228	8,243
Other current assets	4,708	5,286
Total Current Assets	20,543	21,829
Investments and Other Assets
Investments in and advances to affiliates	4,497	3,901
Long-term marketable securities	462	439
Goodwill and other intangible assets	3,852	3,688
Other assets	646	447
Total Investments and Other Assets	9,457	8,475
Property, Plant, and Equipment
Land	457	454
Buildings	4,754	4,715
Machinery and equipment	17,353	17,159
Construction in progress	1,091	946
Gross Property, Plant, and Equipment	23,655	23,274
Accumulated depreciation	(13,802)	(13,421)
Net Property, Plant, and Equipment	9,853	9,853
Total Assets	39,853	40,157
Current Liabilities
Short-term debt	207	86
Trade payables	2,927	3,474
Payables to Brokerage Customers	5,480	5,820
Accrued expenses and other payables	3,851	4,113
Current maturities of long-term debt	272	12
Total Current Liabilities	12,737	13,505
Long-Term Liabilities
Long-term debt	6,594	5,779
Deferred income taxes	1,642	1,563
Other	1,284	1,395
Total Long-Term Liabilities	9,520	8,737
Redeemable Noncontrolling Interest, Equity, Carrying Amount	40	0
Shareholders' Equity
Common stock	2,536	3,180
Reinvested earnings	17,192	16,865
Accumulated other comprehensive income (loss)	(2,190)	(2,146)
Noncontrolling interests	18	16
Total Shareholders' Equity	17,556	17,915
Total Liabilities and Shareholders' Equity	$ 39,853	$ 40,157

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Operating Activities
Net earnings including noncontrolling interests	$ 862	$ 1,129
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities
Depreciation and amortization	678	658
Asset impairment charges	28	68
Deferred income taxes	36	5
Equity in earnings of affiliates, net of dividends	25	(64)
Stock compensation expense	58	64
Pension and postretirement accruals (contributions), net	(59)	(154)
Deferred cash flow hedges	(10)	(64)
Gain (Loss) on Disposition of Assets	(117)	(139)
Other - net	60	(16)
Changes in operating assets and liabilities, net of businesses acquired
Segregated cash and investments	(94)	(303)
Trade receivables	(463)	495
Inventories	1,053	1,687
Other current assets	(415)	(153)
Trade payables	(554)	(1,198)
Increase (Decrease) in Payables to Brokerage Customers	355	(36)
Accrued expenses and other payables	(287)	(881)
Total Operating Activities	1,156	1,098
Investing Activities
Purchases of property, plant, and equipment	(621)	(819)
Proceeds from sale of business and assets	104	594
Net assets of businesses acquired	(136)	(83)
Purchases of marketable securities	(1,127)	(821)
Proceeds from sales of marketable securities	1,162	943
Payments to Acquire Interest in Subsidiaries and Affiliates	(628)	(126)
Distributions from affiliates	11	2
Other - net	4	3
Total Investing Activities	(1,231)	(307)
Financing Activities
Long-term debt borrowings	1,036	1,246
Long-term debt payments	(9)	(965)
Net borrowings (payments) under lines of credit agreements	107	834
Purchases of treasury stock	(754)	(1,788)
Cash dividends	(528)	(520)
Acquisition of noncontrolling interest	(17)	0
Other - net	31	23
Total Financing Activities	(134)	(1,170)
Increase (decrease) in cash and cash equivalents	(209)	(379)
Cash and cash equivalents - beginning of period	910	1,099
Cash and cash equivalents - end of period	$ 701	$ 720

Consolidated Statements Of Shar

Consolidated Statements Of Shareholders' Equity - 9 months ended Sep. 30, 2016 - USD ($) shares in Millions, $ in Millions	Total	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]
Balance at Dec. 31, 2015	$ 17,915	$ 3,180	$ 16,865	$ (2,146)	$ 16
Balance (shares) at Dec. 31, 2015		595
Comprehensive income
Net earnings	862		855		7
Other comprehensive income (loss)	(44)			(44)	0
Total comprehensive income	818
Cash dividends paid - $0.90 per share	(528)		(528)
Treasury stock purchases, shares		(19)
Treasury stock purchases	(754)	$ (754)
Stock compensation expense, shares		1
Stock compensation expense	58	$ 58
Other, shares		1
Other	47	$ 52	0	0	(5)
Balance at Sep. 30, 2016	$ 17,556	$ 2,536	$ 17,192	$ (2,190)	$ 18
Balance (shares) at Sep. 30, 2016		578

Consolidated Statements Of Sha7

Consolidated Statements Of Shareholders' Equity (Parenthetical)	9 Months Ended
	Sep. 30, 2016$ / shares
Statement of Stockholders' Equity [Abstract]
Cash dividends paid, per share	$ 0.90

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, these statements do not include all of the information and footnotes required by generally accepted accounting principles for audited financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the quarter and nine-month period ended September 30, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016 . For further information, refer to the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 . Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries. All significant intercompany accounts and transactions have been eliminated. The Company consolidates all entities, including variable interest entities (VIEs), in which it has a controlling financial interest. For VIEs, the Company assesses whether it is the primary beneficiary as defined under the applicable accounting standard. Investments in affiliates, including VIEs through which the Company exercises significant influence but does not control the investee and is not the primary beneficiary of the investee’s activities, are carried at cost plus equity in undistributed earnings since acquisition and are adjusted, where appropriate, for basis differences between the investment balance and the underlying net assets of the investee. The Company’s portion of the results of certain affiliates and results of certain VIEs are included using the most recent available financial statements. In each case, the financial statements are within 93 days of the Company’s year end and are consistent from period to period. Reclassification The Company classified $17 million and $53 million of intangible amortization in selling, general, and administrative expenses in the quarter and nine months ended September 30, 2016 , respectively. Prior period amounts of $8 million and $22 million in the quarter and nine months ended September 30, 2015 , respectively, have been reclassified from other (income) expense - net to conform to the current presentation. Last-in, First-out (LIFO) Inventories Interim period LIFO calculations are based on interim period costs and management’s estimates of year-end inventory levels. Because the availability and price of agricultural commodity-based LIFO inventories are unpredictable due to factors such as weather, government farm programs and policies, and changes in global demand, quantities of LIFO-based inventories at interim periods may vary significantly from management’s estimates of year-end inventory levels.

New Accounting Standards

New Accounting Standards	9 Months Ended
	Sep. 30, 2016
New Accounting Standards [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	New Accounting Standards Effective January 1, 2016, the Company adopted the amended guidance of Accounting Standards Codification (ASC) Topic 805, Business Combinations , which simplifies the accounting for adjustments made to provisional amounts recognized in a business combination. The amended guidance requires an acquirer to recognize adjustments to provisional amounts identified during the measurement period in the reporting period in which the adjustment amounts are determined. The effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date, shall be recorded in the same period’s financial statements. The amended guidance also requires an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The adoption of this amended guidance did not have a significant impact on the Company’s financial results. Effective January 1, 2016, the Company adopted Accounting Standards Update 2016-09, which amended the guidance of ASC Topic 718, Compensation - Stock Compensation , to simplify the accounting for share-based payment award transactions. The areas of simplification include the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The adoption of this amended guidance did not have a significant impact on the Company’s financial results.

Pending Accounting Standards

Pending Accounting Standards	9 Months Ended
	Sep. 30, 2016
Prospective Adoption of New Accounting Pronouncements [Abstract]
Pending Accounting Standards	Pending Accounting Standards Effective January 1, 2017, the Company will be required to adopt the amended guidance of ASC Topic 330, Inventory , which simplifies the measurement of inventory. The amended guidance requires an entity to measure its cost-based inventory at the lower of cost or net realizable value, where net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The Company does not expect the adoption of this amended guidance to have a significant impact on the Company’s financial results. Effective January 1, 2017, the Company will be required to adopt the amended guidance of ASC Topic 323, Investments - Equity Method and Joint Ventures , which simplifies the transition to the equity method of accounting. The amended guidance eliminates the requirement of an investor to adjust the investment, results of operations, and retained earnings retroactively when an investment qualifies for equity method accounting as a result of an increase in the level of ownership interest or degree of influence. The amendments require that the investor add the cost of acquiring the additional interest in the investee to the current basis of the investors’ previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. The Company does not expect the adoption of this amended guidance to have a significant impact on the Company’s financial results. Effective January 1, 2018, the Company will be required to adopt the new guidance of ASC Topic 606, Revenue from Contracts with Customers (Topic 606), which will supersede the revenue recognition requirements in ASC Topic 605, Revenue Recognition . Topic 606 requires the Company to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new guidance requires the Company to apply the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, the Company satisfies a performance obligation. The Company will be required to adopt Topic 606 either on a full retrospective basis to each prior reporting period presented or on a modified retrospective basis with the cumulative effect of initially applying the new guidance recognized at the date of initial application. The Company will adopt Topic 606 on a modified retrospective basis and will be required to provide additional disclosures of the amount by which each financial statement line item is affected in the current reporting period, as compared to the guidance that was in effect before the change, and an explanation of the reasons for significant changes. The adoption of this new guidance will require expanded disclosures in the Company’s consolidated financial statements. The Company expects to complete its assessment of the financial impact of the new guidance on its consolidated financial statements by the end of 2016. Effective January 1, 2018, the Company will be required to adopt the amended guidance of ASC Subtopic 825-10, Financial Instruments - Overall , which is intended to improve the recognition and measurement of financial instruments. The amended guidance requires an entity to measure equity investments, except those accounted for under the equity method of accounting or those that result in consolidation of the investee, at fair value with changes in fair value recognized in net income and simplify the impairment assessment of equity investments without readily determinable fair values by using a qualitative assessment to identify impairment. The Company does not expect the adoption of this amended guidance to have a significant impact on the Company’s financial results. Effective January 1, 2018, the Company will be required to adopt the amended guidance of ASC 230, Statement of Cash Flows (Topic 230), which is intended to address diversity in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments provide guidance on debt prepayments or debt extinguishment costs, settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies, life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions, and separately identifiable cash flows and application of the predominance principle. Early adoption is permitted. The Company does not expect to have significant changes on its consolidated statements of cash flows when it adopts the amended guidance on October 1, 2016. Effective January 1, 2019, the Company will be required to adopt the new guidance of ASC Topic 842, Leases (Topic 842), which will supersede ASC Topic 840, Leases . Topic 842 requires lessees to recognize assets and liabilities for all leases with lease terms of more than 12 months. The Company expects to adopt Topic 842 using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The Company has not yet completed the assessment of the impact of the new guidance on its consolidated financial statements. Effective January 1, 2020, the Company will be required to adopt the amended guidance of Topic 326, Financial Instruments - Credit Losses , which is intended to improve financial reporting by requiring more timely recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. The amended guidance requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Early adoption will be permitted for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company does not expect the adoption of this amended guidance to have a significant impact on the Company’s financial results.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2016
Business Combinations [Abstract]
Acquisitions	Acquisitions During the nine months ended September 30, 2016 , the Company acquired a 90% interest in Harvest Innovations, an industry leader in minimally processed, expeller-pressed soy proteins, oils, and gluten-free ingredients; a 50% interest in Cairo-based Medsofts Group, a joint venture that owns and manages merchandising and supply chain operations; Caterina Foods, a leading toll manufacturer of specialty gluten-free and high-protein pastas; and a Casablanca, Morocco-based corn wet mill that produces glucose and native starch for an aggregate cost of $136 million in cash and recorded preliminary allocations of purchase prices related to the acquisitions. The aggregate purchase price of these acquisitions, net of cash acquired of $11 million , was preliminarily allocated to working capital, property, plant, and equipment, goodwill, other intangible assets, other long-term assets, other long-term liabilities, and redeemable noncontrolling interest for $15 million , $23 million , $70 million , $41 million , $42 million , $17 million , and $38 million , respectively. The remaining 10% interest in Harvest Innovations is recorded in other long-term liabilities and accounted for as a mandatorily redeemable interest which the Company has agreed to acquire following two years of operations. In April 2016, the Company acquired a 50% interest in Medsofts Group. The Company has an option three years from the date of acquisition to acquire the remaining 50% interest in Medsofts Group based on a fixed multiple of earnings before taxes, interest, and depreciation and amortization for the last twelve months of this three -year period. If the Company does not elect to exercise its option, the noncontrolling interest holder has the option to put the 50% interest to the Company on similar, though discounted, terms. The Company records the 50% remaining interest in temporary equity - redeemable noncontrolling interest.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following tables set forth, by level, the Company’s assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2016 and December 31, 2015 . Fair Value Measurements at September 30, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total (In millions) Assets: Inventories carried at market $ — $ 2,533 $ 1,164 $ 3,697 Unrealized derivative gains: Commodity contracts 4 491 204 699 Foreign exchange contracts — 55 — 55 Interest rate contracts — 28 — 28 Cash equivalents 249 — — 249 Marketable securities 647 71 — 718 Segregated investments 1,878 — — 1,878 Deferred receivables consideration — 661 — 661 Total Assets $ 2,778 $ 3,839 $ 1,368 $ 7,985 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 557 $ 118 $ 675 Foreign exchange contracts — 99 — 99 Inventory-related payables — 394 15 409 Total Liabilities $ — $ 1,050 $ 133 $ 1,183 Fair Value Measurements at December 31, 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total (In millions) Assets: Inventories carried at market $ — $ 3,062 $ 1,004 $ 4,066 Unrealized derivative gains: Commodity contracts — 403 243 646 Foreign exchange contracts 1 92 — 93 Interest rate contracts — 19 — 19 Cash equivalents 328 — — 328 Marketable securities 698 175 — 873 Segregated investments 1,938 — — 1,938 Deferred receivables consideration — 513 — 513 Total Assets $ 2,965 $ 4,264 $ 1,247 $ 8,476 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 306 $ 113 $ 419 Foreign exchange contracts — 186 — 186 Inventory-related payables — 705 16 721 Total Liabilities $ — $ 1,197 $ 129 $ 1,326 Estimated fair values for inventories carried at market are based on exchange-quoted prices adjusted for differences in local markets, broker or dealer quotations or market transactions in either listed or over-the-counter (OTC) markets. Market valuations for the Company’s inventories are adjusted for location and quality because the exchange-quoted prices represent contracts that have standardized terms for commodity, quantity, future delivery period, delivery location, and commodity quality or grade. When unobservable inputs have a significant impact on the measurement of fair value, the inventory is classified in Level 3. Changes in the fair value of inventories are recognized in the consolidated statements of earnings as a component of cost of products sold. Derivative contracts include exchange-traded commodity futures and options contracts, forward commodity purchase and sale contracts, and OTC instruments related primarily to agricultural commodities, energy, interest rates, and foreign currencies. Exchange-traded futures and options contracts are valued based on unadjusted quoted prices in active markets and are classified in Level 1. The majority of the Company’s exchange-traded futures and options contracts are cash-settled on a daily basis and, therefore, are not included in these tables. Fair value for forward commodity purchase and sale contracts is estimated based on exchange-quoted prices adjusted for differences in local markets. These differences are generally determined using inputs from broker or dealer quotations or market transactions in either the listed or OTC markets. When observable inputs are available for substantially the full term of the contract, it is classified in Level 2. When unobservable inputs have a significant impact on the measurement of fair value, the contract is classified in Level 3. Except for certain derivatives designated as cash flow hedges, changes in the fair value of commodity-related derivatives are recognized in the consolidated statements of earnings as a component of cost of products sold. Changes in the fair value of foreign currency-related derivatives are recognized in the consolidated statements of earnings as a component of revenues, cost of products sold, or other (income) expense – net depending upon the purpose of the contract. The effective portions of changes in the fair value of derivatives designated as cash flow hedges are recognized in the consolidated balance sheets as a component of accumulated other comprehensive income (loss) (AOCI) until the hedged items are recorded in earnings or it is probable the hedged transaction will no longer occur. The Company’s cash equivalents are comprised of money market funds valued using quoted market prices and are classified as Level 1. The Company’s marketable securities are comprised of equity investments, U.S. Treasury securities, corporate debt securities, and other debt securities. Publicly traded equity investments and U.S. Treasury securities are valued using quoted market prices and are classified in Level 1. Corporate debt and other debt securities are valued using third-party pricing services and substantially all are classified in Level 2. Unrealized changes in the fair value of available-for-sale marketable securities are recognized in the consolidated balance sheets as a component of AOCI unless a decline in value is deemed to be other-than-temporary at which point the decline is recorded in earnings. The Company’s segregated investments are comprised of U.S. Treasury securities. U.S. Treasury securities are valued using quoted market prices and are classified in Level 1. The Company has deferred consideration under its accounts receivable securitization programs (the “Programs”) which represents notes receivable from the purchasers under the Programs (see Note 16). This amount is reflected in other current assets on the consolidated balance sheet (see Note 8). The Company carries the deferred consideration at fair value determined by calculating the expected amount of cash to be received. The fair value is principally based on observable inputs (a Level 2 measurement) consisting mainly of the face amount of the receivables adjusted for anticipated credit losses and discounted at the appropriate market rate. Payment of deferred consideration is not subject to significant risks other than delinquencies and credit losses on accounts receivable transferred under the Programs, which have historically been insignificant. The following table presents a reconciliation of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended September 30, 2016 . Level 3 Fair Value Asset Measurements at September 30, 2016 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, June 30, 2016 $ 1,099 $ 153 $ 1,252 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (97 ) 76 (21 ) Purchases 2,523 — 2,523 Sales (2,529 ) — (2,529 ) Settlements — (85 ) (85 ) Transfers into Level 3 206 66 272 Transfers out of Level 3 (38 ) (6 ) (44 ) Ending balance, September 30, 2016 $ 1,164 $ 204 $ 1,368 * Includes increase in unrealized gains of $22 million relating to Level 3 assets still held at September 30, 2016 . The following table presents a reconciliation of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended September 30, 2016 . Level 3 Fair Value Liability Measurements at September 30, 2016 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, June 30, 2016 $ 12 $ 500 $ 512 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 3 (1 ) 2 Purchases 3 — 3 Sales (3 ) — (3 ) Settlements — (247 ) (247 ) Transfers into Level 3 — 33 33 Transfers out of Level 3 — (167 ) (167 ) Ending balance, September 30, 2016 $ 15 $ 118 $ 133 * Includes increase in unrealized losses of $1 million relating to Level 3 liabilities still held at September 30, 2016 . The following table presents a reconciliation of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended September 30, 2015 . Level 3 Fair Value Asset Measurements at September 30, 2015 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, June 30, 2015 $ 1,026 $ 154 $ 1,180 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (106 ) 74 (32 ) Purchases 2,652 — 2,652 Sales (2,695 ) — (2,695 ) Settlements — (45 ) (45 ) Transfers into Level 3 169 43 212 Transfers out of Level 3 (116 ) (24 ) (140 ) Ending balance, September 30, 2015 $ 930 $ 202 $ 1,132 * Includes increase in unrealized gains of $62 million relating to Level 3 assets still held at September 30, 2015 . The following table presents a reconciliation of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended September 30, 2015 . Level 3 Fair Value Liability Measurements at September 30, 2015 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, June 30, 2015 $ 13 $ 363 $ 376 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 18 (8 ) 10 Purchases 3 — 3 Settlements — (219 ) (219 ) Transfers into Level 3 — 26 26 Transfers out of Level 3 — (8 ) (8 ) Ending balance, September 30, 2015 $ 34 $ 154 $ 188 * Includes increase in unrealized losses of $12 million relating to Level 3 liabilities still held at September 30, 2015 . The following table presents a reconciliation of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the nine months ended September 30, 2016 . Level 3 Fair Value Asset Measurements at September 30, 2016 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2015 $ 1,004 $ 243 $ 1,247 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (210 ) 171 (39 ) Purchases 7,565 — 7,565 Sales (7,272 ) — (7,272 ) Settlements — (302 ) (302 ) Transfers into Level 3 206 132 338 Transfers out of Level 3 (129 ) (40 ) (169 ) Ending balance, September 30, 2016 $ 1,164 $ 204 $ 1,368 * Includes increase in unrealized gains of $36 million relating to Level 3 assets still held at September 30, 2016 . The following table presents a reconciliation of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the nine months ended September 30, 2016 . Level 3 Fair Value Liability Measurements at September 30, 2016 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2015 $ 16 $ 113 $ 129 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 5 494 499 Purchases 5 — 5 Sales (11 ) — (11 ) Settlements — (392 ) (392 ) Transfers into Level 3 — 115 115 Transfers out of Level 3 — (212 ) (212 ) Ending balance, September 30, 2016 $ 15 $ 118 $ 133 * Includes increase in unrealized losses of $499 million relating to Level 3 liabilities still held at September 30, 2016 . The following table presents a reconciliation of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the nine months ended September 30, 2015 . Level 3 Fair Value Asset Measurements at September 30, 2015 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2014 $ 1,491 $ 203 $ 1,694 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (423 ) 183 (240 ) Purchases 8,319 — 8,319 Sales (8,388 ) — (8,388 ) Settlements — (306 ) (306 ) Transfers into Level 3 169 156 325 Transfers out of Level 3 (238 ) (34 ) (272 ) Ending balance, September 30, 2015 $ 930 $ 202 $ 1,132 * Includes increase in unrealized gains of $267 million relating to Level 3 assets still held at September 30, 2015 The following table presents a reconciliation of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the nine months ended September 30, 2015 . Level 3 Fair Value Liability Measurements at September 30, 2015 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2014 $ 40 $ 212 $ 252 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 8 271 279 Purchases 15 — 15 Sales (29 ) — (29 ) Settlements — (468 ) (468 ) Transfers into Level 3 — 161 161 Transfers out of Level 3 — (22 ) (22 ) Ending balance, September 30, 2015 $ 34 $ 154 $ 188 * Includes increase in unrealized losses of $283 million relating to Level 3 liabilities still held at September 30, 2015 . For all periods presented, the Company had no transfers between Level 1 and 2. Transfers into Level 3 of assets and liabilities previously classified in Level 2 were due to the relative value of unobservable inputs to the total fair value measurement of certain products and derivative contracts rising above the 10% threshold. Transfers out of Level 3 were primarily due to the relative value of unobservable inputs to the total fair value measurement of certain products and derivative contracts falling below the 10% threshold and thus permitting reclassification to Level 2. In some cases, the price components that result in differences between exchange-traded prices and local prices for inventories and commodity purchase and sale contracts are observable based upon available quotations for these pricing components, and in some cases, the differences are unobservable. These price components primarily include transportation costs and other adjustments required due to location, quality, or other contract terms. In the table below, these other adjustments are referred to as Basis. The changes in unobservable price components are determined by specific local supply and demand characteristics at each facility and the overall market. Factors such as substitute products, weather, fuel costs, contract terms, and futures prices also impact the movement of these unobservable price components. The following table sets forth the weighted average percentage of the unobservable price components included in the Company’s Level 3 valuations as of September 30, 2016 and December 31, 2015 . The Company’s Level 3 measurements may include Basis only, transportation cost only, or both price components. As an example, for Level 3 inventories with Basis, the unobservable component as of September 30, 2016 is a weighted average 17.9% of the total price for assets and 60.7% of the total price for liabilities. Weighted Average % of Total Price September 30, 2016 December 31, 2015 Component Type Assets Liabilities Assets Liabilities Inventories and Related Payables Basis 17.9 % 60.7 % 10.0 % 53.5 % Transportation cost 4.8 % 2.3 % 1.8 % — Commodity Derivative Contracts Basis 20.4 % 32.3 % 17.7 % 17.9 % Transportation cost 7.8 % 11.8 % 6.6 % 10.4 % In certain of the Company’s principal markets, the Company relies on price quotes from third parties to value its inventories and physical commodity purchase and sale contracts. These price quotes are generally not further adjusted by the Company in determining the applicable market price. In some cases, availability of third-party quotes is limited to only one or two independent sources. In these situations, absent other corroborating evidence, the Company considers these price quotes as 100% unobservable and, therefore, the fair value of these items is reported in Level 3.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities Derivatives Not Designated as Hedging Instruments The majority of the Company’s derivative instruments have not been designated as hedging instruments. The Company uses exchange-traded futures and exchange-traded and OTC options contracts to manage its net position of merchandisable agricultural commodity inventories and forward cash purchase and sales contracts to reduce price risk caused by market fluctuations in agricultural commodities and foreign currencies. The Company also uses exchange-traded futures and exchange-traded and OTC options contracts as components of merchandising strategies designed to enhance margins. The results of these strategies can be significantly impacted by factors such as the correlation between the value of exchange-traded commodities futures contracts and the value of the underlying commodities, counterparty contract defaults, and volatility of freight markets. Derivatives, including exchange-traded contracts and physical purchase or sale contracts, are stated at market value and inventories of certain merchandisable agricultural commodities, which include amounts acquired under deferred pricing contracts, are stated at market value. Changes in the market value of inventories of certain merchandisable agricultural commodities, forward cash purchase and sales contracts, exchange-traded futures and exchange-traded and OTC options contracts are recognized in earnings immediately. Inventory is not a derivative and therefore fair values of and changes in fair values of inventories are not included in the tables below. The following table sets forth the fair value of derivatives not designated as hedging instruments as of September 30, 2016 and December 31, 2015 . September 30, 2016 December 31, 2015 Assets Liabilities Assets Liabilities (In millions) FX Contracts $ 55 $ 99 $ 93 $ 186 Commodity Contracts 699 675 646 419 Total $ 754 $ 774 $ 739 $ 605 The following tables set forth the pre-tax gains (losses) on derivatives not designated as hedging instruments that have been included in the consolidated statements of earnings for the three and nine months ended September 30, 2016 and 2015 . Three months ended September 30, 2016 2015 (In millions) FX Contracts Revenues $ (19 ) $ 18 Cost of products sold 1 (200 ) Other income (expense) – net (3 ) 59 Commodity Contracts Cost of products sold 369 586 Total gain (loss) recognized in earnings $ 348 $ 463 Nine months ended September 30, 2016 2015 (In millions) FX Contracts Revenues $ (32 ) $ 26 Cost of products sold 263 (263 ) Other income (expense) – net (108 ) 67 Commodity Contracts Cost of products sold (266 ) 573 Total gain (loss) recognized in earnings $ (143 ) $ 403 Derivatives Designated as Cash Flow or Fair Value Hedging Strategies As of September 30, 2016 and December 31, 2015 , the Company has certain derivatives designated as cash flow and fair value hedges. The Company uses interest rate swaps designated as fair value hedges to protect the fair value of fixed-rate debt due to changes in interest rates. The changes in the fair value of the interest rate swaps and the underlying fixed-rate debt are recorded in other (income) expense - net. The terms of the interest rate swaps match the terms of the underlying debt resulting in no ineffectiveness. At September 30, 2016 , the Company has $28 million in other current assets representing the fair value of the interest rate swaps and a corresponding increase in the underlying debt for the same amount with no impact to earnings. For each of the commodity hedge programs described below, the derivatives are designated as cash flow hedges. Assuming normal market conditions, the changes in the market value of such derivative contracts have historically been, and are expected to continue to be, highly effective at offsetting changes in price movements of the hedged item. Once the hedged item is recognized in earnings, the gains/losses arising from the hedge are reclassified from AOCI to either revenues or cost of products sold, as applicable. As of September 30, 2016 , the Company has $39 million of after-tax losses in AOCI related to gains and losses from commodity cash flow hedge transactions. The Company expects to recognize $35 million of these after-tax losses in its consolidated statement of earnings during the next 12 months. The Company uses futures or options contracts to fix the purchase price of anticipated volumes of corn to be purchased and processed in a future month. The objective of this hedging program is to reduce the variability of cash flows associated with the Company’s forecasted purchases of corn. The Company’s corn processing plants currently grind approximately 76 million bushels of corn per month. During the past 12 months, the Company hedged between 16% and 66% of its monthly anticipated grind. At September 30, 2016 , the Company has designated hedges representing between 14% and 62% of its anticipated monthly grind of corn for the next 12 months . The Company, from time to time, also uses futures, options, and swaps to fix the sales price of certain ethanol sales contracts. The Company has established hedging programs for ethanol sales contracts that are indexed to unleaded gasoline prices and to various exchange-traded ethanol contracts. The objective of these hedging programs is to reduce the variability of cash flows associated with the Company’s sales of ethanol. During the past 12 months, the Company hedged between 0 and 93 million gallons of ethanol sales per month under these programs. At September 30, 2016 , the Company has designated hedges representing between 0 and 66 million gallons of ethanol sales per month over the next 12 months . The following table sets forth the fair value of derivatives designated as hedging instruments as of September 30, 2016 and December 31, 2015 . September 30, 2016 December 31, 2015 Assets Liabilities Assets Liabilities (In millions) Interest Contracts $ 28 $ — $ 19 $ — Total $ 28 $ — $ 19 $ — The following tables set forth the pre-tax gains (losses) on derivatives designated as hedging instruments that have been included in the consolidated statements of earnings for the three and nine months ended September 30, 2016 and 2015 . Three months ended Consolidated Statement of Earnings Locations September 30, 2016 2015 (In millions) Effective amounts recognized in earnings FX Contracts Other income/expense – net $ (3 ) $ 6 Interest Contracts Interest expense (2 ) — Commodity Contracts Cost of products sold (37 ) 2 Revenues (9 ) 4 Ineffective amount recognized in earnings Commodity Contracts Revenues (1 ) (1 ) Cost of products sold 1 1 Total amount recognized in earnings $ (51 ) $ 12 Nine months ended Consolidated Statement of Earnings Locations September 30, 2016 2015 (In millions) Effective amounts recognized in earnings FX Contracts Other income/expense – net $ (25 ) $ 28 Interest Contracts Interest expense (2 ) — Commodity Contracts Cost of products sold (61 ) (16 ) Revenues (14 ) 49 Ineffective amount recognized in earnings Commodity Contracts Revenues — 6 Cost of products sold 5 (3 ) Interest Contracts Other income/expense – net — 1 Total amount recognized in earnings $ (97 ) $ 65 Hedge ineffectiveness for commodity contracts results when the change in the price of the underlying commodity in a specific cash market differs from the change in the price of the derivative financial instrument used to establish the hedging relationship. As an example, if the change in the price of a corn futures contract is strongly correlated to the change in cash price paid for corn, the gain or loss on the derivative instrument is deferred and recognized at the time the corn grind occurs. If the change in price of the derivative does not strongly correlate to the change in the cash price of corn, in the same example, some portion or all of the derivative gains or losses may be required to be recognized in earnings prior to when the corn grind occurs. Net Investment Hedging Strategies On June 24, 2015, the Company issued €500 million aggregate principal amount of Floating Rate Notes and €600 million aggregate principal amount of 1.75% Notes (collectively, the “Notes”). The Company has designated €1.1 billion of the Notes as a hedge of its net investment in a foreign subsidiary. As of September 30, 2016 , the Company has $11 million of losses in AOCI related to gains and losses from the net investment hedge transaction. The amount is deferred in AOCI until the underlying investment is divested.

Marketable Securities

Marketable Securities	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	Marketable Securities Cost Unrealized Gains Unrealized Losses Fair Value (In millions) September 30, 2016 United States government obligations Maturity less than 1 year $ 253 $ — $ — $ 253 Maturity 1 to 5 years 115 — — 115 Corporate debt securities Maturity less than 1 year 2 — — 2 Maturity 1 to 5 years 67 2 — 69 Other debt securities Maturity less than 1 year 1 — — 1 Equity securities Available-for-sale 301 — (23 ) 278 $ 739 $ 2 $ (23 ) $ 718 Cost Unrealized Gains Unrealized Losses Fair Value (In millions) December 31, 2015 United States government obligations Maturity less than 1 year $ 256 $ — $ — $ 256 Maturity 1 to 5 years 116 — — 116 Corporate debt securities Maturity 1 to 5 years 26 — — 26 Other debt securities Maturity less than 1 year 182 — — 182 Maturity 1 to 5 years 3 — — 3 Equity securities Available-for-sale 296 4 (6 ) 294 $ 879 $ 4 $ (6 ) $ 877 The $23 million in unrealized losses at September 30, 2016 arose within the last 12 months and is related to the Company’s investment in one available-for-sale equity security with a fair value of $296 million . The Company evaluated the near-term prospects of the issuer in relation to the severity and duration of the impairment. Based on that evaluation and the Company’s ability and intent to hold this investment for a reasonable period of time sufficient for a forecasted recovery of fair value, the Company does not consider this investment to be other-than-temporarily impaired at September 30, 2016 . For information on other-than temporary impairment charges, see Note 15.

Other Current Assets

Other Current Assets	9 Months Ended
	Sep. 30, 2016
Other Assets [Abstract]
Other Current Assets	Other Current Assets The following table sets forth the items in other current assets: September 30, December 31, 2016 2015 (In millions) Unrealized gains on derivative contracts $ 782 $ 758 Deferred receivables consideration 661 513 Customer omnibus receivable 504 1,148 Financing receivables - net (1) 301 352 Insurance premiums receivable 695 584 Prepaid expenses 214 406 Tax receivables 573 550 Non-trade receivables (2) 518 288 Other current assets 460 687 $ 4,708 $ 5,286 (1) The Company provides financing to certain suppliers, primarily Brazilian farmers, to finance a portion of the suppliers’ production costs. The amounts are reported net of allowances of $8 million at September 30, 2016 and December 31, 2015 . Interest earned on financing receivables of $5 million and $17 million for the three and nine months ended September 30, 2016 and 2015 , is included in interest income in the consolidated statements of earnings. (2) Non-trade receivables include $250 million and $272 million of reinsurance recoverables as of September 30, 2016 and December 31, 2015 , respectively.

Accrued Expenses And Other Paya

Accrued Expenses And Other Payables	9 Months Ended
	Sep. 30, 2016
Accrued Liabilities and Other Liabilities [Abstract]
Accrued Expenses And Other Payables	Accrued Expenses and Other Payables The following table sets forth the items in accrued expenses and other payables: September 30, December 31, 2016 2015 (In millions) Unrealized losses on derivative contracts $ 774 $ 605 Reinsurance premiums payable 483 425 Insurance claims payable 408 459 Deferred income 873 1,152 Other accruals and payables 1,313 1,472 $ 3,851 $ 4,113

Debt And Financing Arrangements

Debt And Financing Arrangements	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Debt And Financing Arrangements	Debt and Financing Arrangements On August 11, 2016, the Company issued $1.0 billion aggregate principal amount of 2.5% Notes due in 2026 . Proceeds before expenses were $993 million . At September 30, 2016 , the fair value of the Company’s long-term debt exceeded the carrying value by $1.4 billion , as estimated using quoted market prices (a Level 2 measurement under applicable accounting standards). At September 30, 2016 , the Company had lines of credit, including the accounts receivable securitization programs, totaling $7.0 billion , of which $6.1 billion was unused. Of the Company’s total lines of credit, $4.0 billion support a commercial paper borrowing facility, against which there was no commercial paper outstanding at September 30, 2016 . The Company has accounts receivable securitization programs (the “Programs”). The Programs provide the Company with up to $1.5 billion in funding resulting from the sale of accounts receivable. As of September 30, 2016 , the Company utilized $0.7 billion of its facility under the Programs (see Note 16 for more information on the Programs).

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective tax rate for the three and nine months ended September 30, 2016 was 28.3% and 27.7% , respectively, compared to 31.1% and 28.7% for the three and nine months ended September 30, 2015 , respectively. The decrease in effective tax rate in the current quarter is due to changes in the forecasted geographic mix of pretax earnings, including the tax impact of portfolio actions. The Company is subject to routine examination by domestic and foreign tax authorities and frequently faces challenges regarding the amount of taxes due. These challenges include positions taken by the Company related to the timing, nature and amount of deductions and the allocation of income among various tax jurisdictions. Resolution of the related tax positions, through negotiation with relevant tax authorities or through litigation, may take years to complete. Therefore, it is difficult to predict the timing for resolution of tax positions. In its routine evaluations of the exposure associated with various tax filing positions, the Company recognizes a liability, when necessary, for estimated potential additional tax owed by the Company in accordance with the applicable accounting standard. However, the Company cannot predict or provide assurance as to the ultimate outcome of these ongoing or future examinations. The Company’s wholly-owned subsidiary, ADM do Brasil Ltda. (ADM do Brasil), has received three separate tax assessments from the Brazilian Federal Revenue Service (BFRS) challenging the tax deductibility of commodity hedging losses and related expenses for the tax years 2004, 2006, and 2007. As of September 30, 2016 , these assessments, updated for estimated penalties, interest, and variation in currency exchange rates, totaled approximately $455 million . The statute of limitations for 2005 and 2008 to 2010 has expired. The Company does not expect to receive any additional tax assessments. ADM do Brasil enters into commodity hedging transactions that can result in gains, which are included in ADM do Brasil’s calculations of taxable income in Brazil, and losses, which ADM do Brasil deducts from its taxable income in Brazil. The Company has evaluated its tax position regarding these hedging transactions and concluded, based upon advice from Brazilian legal counsel, that it was appropriate to recognize both gains and losses resulting from hedging transactions when determining its Brazilian income tax expense. Therefore, the Company has continued to recognize the tax benefit from hedging losses in its financial statements and has not recorded any tax liability for the amounts assessed by the BFRS. ADM do Brasil filed an administrative appeal for each of the assessments. The appeal panel found in favor of the BFRS on these assessments and ADM do Brasil filed a second level administrative appeal. The second administrative appeal panel continues to conduct customary procedural activities, including ongoing dialogue with the BFRS auditor. If ADM do Brasil continues to be unsuccessful in the administrative appellate process, the Company intends to file appeals in the Brazilian federal courts. While the Company believes its consolidated financial statements properly reflect the tax deductibility of these hedging losses, the ultimate resolution of this matter could result in the future recognition of additional payments of, and expense for, income tax and the associated interest and penalties. The Company intends to vigorously defend its position against the current assessments and any similar assessments that may be issued for years subsequent to 2010. The Company’s subsidiaries in Argentina have received tax assessments challenging transfer prices used to price grain exports totaling $113 million (inclusive of interest and adjusted for variation in currency exchange rates) for the tax years 2004 through 2008. The Argentine tax authorities have been conducting a review of income and other taxes paid by large exporters and processors of cereals and other agricultural commodities resulting in allegations of income tax evasion. While the Company believes that it has complied with all Argentine tax laws, it cannot rule out receiving additional assessments challenging transfer prices used to price grain exports for years subsequent to 2008, and estimates that these potential assessments would be approximately $159 million (as of September 30, 2016 and subject to variation in currency exchange rates). The Company believes that it has appropriately evaluated the transactions underlying these assessments, and has concluded, based on Argentine tax law, that its tax position would be sustained, and accordingly, has not recorded a tax liability for these assessments. The Company intends to vigorously defend its position against the current assessments and any similar assessments that may be issued for years subsequent to 2008. In accordance with the accounting requirements for uncertain tax positions, the Company has not recorded an uncertain tax liability for these assessments because it has concluded that it is more likely than not to prevail on the Brazil and Argentina matters based upon their technical merits and because the taxing jurisdictions’ processes do not provide a mechanism for settling at less than the full amount of the assessment. The Company’s consideration of these tax assessments requires judgments about the application of income tax regulations to specific facts and circumstances. The final outcome of these matters cannot reliably be predicted, may take many years to resolve, and could result in financial impacts of up to the entire amount of these assessments. The Company’s wholly-owned subsidiary in the Netherlands, ADM Europe B.V., has received a tax assessment totaling approximately $100 million from the Netherlands tax authority challenging the transfer pricing aspects of a 2009 business reorganization which involved two of its subsidiary companies in the Netherlands. The Company has appealed the assessment and carefully evaluated the underlying transactions and has concluded the amount of the gain recognized on the reorganization for tax purposes was appropriate. While the Company plans to vigorously defend its position against the assessment, the Company recognizes that settlement of disputed items may be prudent in some limited situations to eliminate the risk, costs, and uncertainty of the litigation. Accordingly, the Company has accrued an amount it believes is appropriate to resolve the matter. If the Company is unable to reach an acceptable settlement with the Netherlands tax authorities, the Company’s defense of its position, including appeal to the judicial level, may take an extended period of time, and could result in additional financial impacts of up to the entire amount of this assessment.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (AOCI)	9 Months Ended
	Sep. 30, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Accumulated Other Comprehensive Income (AOCI)	Accumulated Other Comprehensive Income (AOCI) The following tables set forth the changes in AOCI by component for the three and nine months ended September 30, 2016 and the reclassifications out of AOCI for the three and nine months ended September 30, 2016 and 2015 : Three months ended September 30, 2016 Foreign Currency Translation Adjustment Deferred Gain (Loss) on Hedging Activities Pension Liability Adjustment Unrealized Gain (Loss) on Investments Total (In millions) Balance at June 30, 2016 $ (1,629 ) $ (26 ) $ (510 ) $ 27 $ (2,138 ) Other comprehensive income (loss) before reclassifications (39 ) (50 ) 1 (22 ) (110 ) Amounts reclassified from AOCI (2 ) 51 10 (6 ) 53 Tax effect 5 3 (4 ) 1 5 Net current period other comprehensive income (36 ) 4 7 (27 ) (52 ) Balance at September 30, 2016 $ (1,665 ) $ (22 ) $ (503 ) $ — $ (2,190 ) Nine months ended September 30, 2016 Foreign Currency Translation Adjustment Deferred Gain (Loss) on Hedging Activities Pension Liability Adjustment Unrealized Gain (Loss) on Investments Total (In millions) Balance at December 31, 2015 $ (1,626 ) $ (15 ) $ (523 ) $ 18 $ (2,146 ) Other comprehensive income before reclassifications 18 (112 ) (5 ) (10 ) (109 ) Amounts reclassified from AOCI (75 ) 102 32 (6 ) 53 Tax effect 18 3 (7 ) (2 ) 12 Net current period other comprehensive income (39 ) (7 ) 20 (18 ) (44 ) Balance at September 30, 2016 $ (1,665 ) $ (22 ) $ (503 ) $ — $ (2,190 ) Amount reclassified from AOCI Three months ended Nine months ended Details about AOCI components Sep 30, Sep 30, Sep 30, Sep 30, Affected line item in the consolidated statement of earnings (In millions) Foreign currency translation adjustment $ (2 ) $ (29 ) $ (75 ) $ (29 ) Other income/expense — — — — Tax $ (2 ) $ (29 ) $ (75 ) $ (29 ) Net of tax Deferred loss (gain) on hedging activities $ 37 $ (2 ) $ 61 $ 15 Cost of products sold 2 — 2 — Interest expense 3 (6 ) 25 (27 ) Other income/expense 9 (4 ) 14 (49 ) Revenues 51 (12 ) 102 (61 ) Total before tax (19 ) 5 (38 ) 23 Tax $ 32 $ (7 ) $ 64 $ (38 ) Net of tax Pension liability adjustment Amortization of defined benefit pension items: Prior service credit $ (5 ) $ (4 ) $ (12 ) $ (17 ) Actuarial losses 15 19 44 61 Settlement charges — 15 — 15 Asset impairment, exit, and restructuring costs 10 30 32 59 Total before tax (4 ) (7 ) (7 ) (24 ) Tax $ 6 $ 23 $ 25 $ 35 Net of tax Unrealized loss on investments $ 6 $ — $ 6 $ — Asset impairment, exit, and restructuring costs — — — — Tax $ 6 $ — $ 6 $ — Net of tax

Other (Income) Expense - Net

Other (Income) Expense - Net	9 Months Ended
	Sep. 30, 2016
Other Income and Expenses [Abstract]
Other (Income) Expense - Net	lowing tables set forth the items in other (income) expense: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 (In millions) Losses (Gains) on sales of assets/revaluations $ 7 $ (35 ) $ (117 ) $ (139 ) Loss on debt extinguishment — 189 — 189 Other – net (11 ) (11 ) (21 ) (20 ) Other (Income) Expense - Net $ (4 ) $ 143 $ (138 ) $ 30 Losses on sales of assets for the three months ended September 30, 2016 related principally to a $5 million loss on the sale of an investment. Gains on sales of assets/revaluations for the nine months ended September 30, 2016 include realized additional consideration related to the sale of the Company’s equity investment in Gruma S.A.B de C.V. in December 2012 of $48 million , recovery of loss provisions and gain related to the sale of the Company’s Brazilian sugar ethanol facilities of $59 million , gain related to the revaluation of the remaining interest to settlement value in conjunction with the acquisition of the remaining interest in Amazon Flavors of $12 million , a loss on sale of assets of $10 million . Gains on sales of assets for the three months ended September 30, 2015 include a gain on sale of the global chocolate business, net of transaction expenses, of $32 million . Gains on sales of assets/revaluations for the nine months ended September 30, 2015 include gain on the revaluation of the Company’s previously held investments in North Star Shipping and Minmetal in conjunction with the acquisition of the remaining interest of $27 million , gain on the sale of a 50% interest in the Barcarena export terminal facility in Brazil to Glencore plc of $68 million , gain on the sale of the lactic business of $6 million , and gain on the sale of the global chocolate business, net of transaction expenses, of $32 million . Loss on debt extinguishment for the three and nine months ended September 30, 2015 was related to the cash tender offers and redemption of certain of the Company’s outstanding debentures. Other - net for the three and nine months ended September 30, 2016 includes foreign exchange gains and other income partially offset by losses from foreign exchange derivative contracts. Other - net for the three months ended September 30, 2015 includes foreign exchange losses partially offset by gains from foreign exchange derivative contracts and other income. Other - net for the nine months ended September 30, 2015 includes gains from foreign exchange derivative contracts and other income partially offset by foreign exchange losses.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information The Company is principally engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities and products. The Company’s operations are organized, managed, and classified into four reportable business segments: Agricultural Services, Corn Processing, Oilseeds Processing, and Wild Flavors and Specialty Ingredients. Each of these segments is organized based upon the nature of products and services offered. The Company’s remaining operations are not reportable segments, as defined by the applicable accounting standard , and are classified as Other. The Agricultural Services segment utilizes its extensive global grain elevator and transportation networks, and port operations to buy, store, clean, and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley, and resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry. The Agricultural Services segment includes international agricultural commodities merchandising and handling activities managed through a global trade desk based in Rolle, Switzerland. Agricultural Services’ grain sourcing, handling, and transportation network provides reliable and efficient services to the Company’s customers and agricultural processing operations. Agricultural Services’ transportation network capabilities include barge, ocean-going vessel, truck, and rail freight services. The Agricultural Services segment also includes the activities related to structured trade finance and the processing of wheat into wheat flour. This segment also includes the Company’s 32.2% share of the results of its Pacificor (formerly Kalama Export Company LLC) joint venture and returns associated with the Company’s 19.8% investment in GrainCorp. In April 2016, the Company acquired a 50% interest in Cairo-based Medsofts Group, a consolidated joint venture that owns and manages merchandising and supply chain operations. The Company’s Corn Processing segment is engaged in corn wet milling and dry milling activities, utilizing its asset base primarily located in the central part of the United States with additional facilities in China, Bulgaria, and Turkey. The Corn Processing segment converts corn into sweeteners, starches, and bioproducts. Its products include ingredients used in the food and beverage industry including sweeteners, starch, syrup, glucose, and dextrose. Dextrose and starch are used by the Corn Processing segment as feedstocks for its bioproducts operations. Through the fermentation of dextrose, the Corn Processing segment produces alcohol, amino acids, and other food and animal feed ingredients. Ethyl alcohol is produced by the Company for industrial use as ethanol or as beverage grade. Ethanol, in gasoline, increases octane and is used as an extender and oxygenate. Bioproducts also include essential amino acids such as lysine and threonine used in swine and poultry diets to optimize performance. Corn gluten feed and meal, as well as distillers’ grains, are produced for use as animal feed ingredients. Corn germ, a by-product of the wet milling process, is further processed into vegetable oil and protein meal. The Corn Processing segment also includes activities related to the processing and distribution of formula feeds and animal health and nutrition products. Other Corn Processing products include citric acids and glycols, which are used in various food and industrial products. Additionally, the Corn Processing segment includes the activities of the Company’s Brazilian sugarcane ethanol plant and related operations. This segment also includes the Company’s share of the results of its equity investments in Almidones Mexicanos S.A. and Red Star Yeast Company LLC. The Company completed the sale of its sugarcane ethanol operations in Limeira do Oeste in the Brazilian state of Minas Gerais in May 2016 and acquired a Casablanca, Morocco-based corn wet mill that produces glucose and native starch from Tate & Lyle in June 2016. The Oilseeds Processing segment includes global activities related to the origination, merchandising, crushing, and further processing of oilseeds such as soybeans and soft seeds (cottonseed, sunflower seed, canola, rapeseed, and flaxseed) into vegetable oils and protein meals. Oilseeds products produced and marketed by the Company include ingredients for the food, feed, energy, and industrial products industries. Crude vegetable oils produced by the segment’s crushing activities are sold “as is” or are further processed by refining, blending, bleaching, and deodorizing into salad oils. Salad oils are sold “as is” or are further processed by hydrogenating and/or interesterifying into margarine, shortening, and other food products. Partially refined oils are used to produce biodiesel or are sold to other manufacturers for use in chemicals, paints, and other industrial products. Oilseed protein meals are principally sold to third parties to be used as ingredients in commercial livestock and poultry feeds. In Europe and South America, the Oilseeds Processing segment includes origination and merchandising activities as adjuncts to its oilseeds processing assets. These activities include a network of grain elevators, port facilities, and transportation assets used to buy, store, clean, and transport grains and oilseeds. The Oilseeds Processing segment is a major supplier of peanuts, tree nuts, and peanut-derived ingredients to both the U.S. and export markets. In North America, cottonseed flour is produced and sold primarily to the pharmaceutical industry and cotton cellulose pulp is manufactured and sold to the chemical, paper, and filter markets. The Oilseeds Processing segment also included activities related to its global chocolate and cocoa businesses until the sale of these businesses in July 2015 and October 2015, respectively. The Oilseeds Processing segment also includes the Company’s share of the results of its equity investment in Wilmar International Limited (Wilmar) and its share of the results of its Stratas Foods LLC and Edible Oils Limited joint ventures. The Company acquired additional shares in Wilmar increasing its ownership interest from 19% to 20% in March 2016, 22% in June 2016, and 23% in September 2016. The Wild Flavors and Specialty Ingredients segment engages in the manufacturing, sales, and distribution of specialty products including natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, and other specialty food and feed ingredients. The Wild Flavors and Specialty Ingredients segment also includes the activities related to the procurement, processing, and distribution of edible beans. The Company acquired a 90% controlling stake in Harvest Innovations, an industry leader in minimally processed, expeller-pressed soy proteins, oils, and gluten-free ingredients in February 2016; the remaining 60% interest in Amazon Flavors, a leading Brazilian manufacturer of natural extracts, emulsions and compounds, in May 2016; and Caterina Foods, a leading toll manufacturer of specialty gluten-free and high-protein pastas, in September 2016. Other includes the Company’s remaining operations, primarily its financial business units, related to futures commission and insurance activities. Intersegment sales have been recorded at amounts approximating market. Operating profit for each segment is based on net sales less identifiable operating expenses. Also included in segment operating profit is equity in earnings of affiliates based on the equity method of accounting. Certain Corporate items are not allocated to the Company’s reportable business segments. Corporate results principally include the impact of LIFO-related adjustments, unallocated corporate expenses, other charges including legal settlements, costs, and legal fees, interest cost net of investment income, and the Company’s share of the results of an equity investment. Following the sale of the cocoa business in October 2015, the remaining results of Cocoa and Other were combined with the results of Refining, Packaging, Biodiesel, and Other within the Oilseeds Processing segment effective January 1, 2016. Prior period results were reclassified to conform to the current presentation. Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2016 2015 2016 2015 Gross revenues Agricultural Services $ 7,597 $ 7,623 $ 21,461 $ 24,534 Corn Processing 2,401 2,529 6,985 7,609 Oilseeds Processing 7,003 7,795 20,411 22,930 Wild Flavors and Specialty Ingredients 617 593 1,899 1,887 Other 136 164 449 481 Intersegment elimination (1,922 ) (2,139 ) (5,360 ) (6,184 ) Total gross revenues $ 15,832 $ 16,565 $ 45,845 $ 51,257 Intersegment sales Agricultural Services $ 637 $ 1,020 $ 1,634 $ 2,881 Corn Processing 10 10 35 45 Oilseeds Processing 1,228 1,048 3,540 3,068 Wild Flavors and Specialty Ingredients 6 5 16 11 Other 41 56 135 179 Total intersegment sales $ 1,922 $ 2,139 $ 5,360 $ 6,184 Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2016 2015 2016 2015 Revenues from external customers Agricultural Services Merchandising and Handling $ 6,146 $ 5,697 $ 17,331 $ 18,798 Milling and Other 754 835 2,325 2,673 Transportation 60 71 171 182 Total Agricultural Services 6,960 6,603 19,827 21,653 Corn Processing Sweeteners and Starches 1,057 974 3,061 2,805 Bioproducts 1,334 1,545 3,889 4,759 Total Corn Processing 2,391 2,519 6,950 7,564 Oilseeds Processing Crushing and Origination 3,660 4,222 10,799 12,214 Refining, Packaging, Biodiesel, and Other 2,042 2,481 5,852 7,455 Asia 73 44 220 193 Total Oilseeds Processing 5,775 6,747 16,871 19,862 Wild Flavors and Specialty Ingredients 611 588 1,883 1,876 Total Wild Flavors and Specialty Ingredients 611 588 1,883 1,876 Other - Financial 95 108 314 302 Total Other 95 108 314 302 Total revenues from external customers $ 15,832 $ 16,565 $ 45,845 $ 51,257 Segment operating profit Agricultural Services $ 193 $ 149 $ 365 $ 495 Corn Processing 212 131 562 448 Oilseeds Processing 144 335 638 1,148 Wild Flavors and Specialty Ingredients 73 70 249 242 Other 23 24 84 39 Total segment operating profit 645 709 1,898 2,372 Corporate (165 ) (342 ) (705 ) (789 ) Earnings before income taxes $ 480 $ 367 $ 1,193 $ 1,583

Asset Impairment, Exit, and Res

Asset Impairment, Exit, and Restructuring Costs	9 Months Ended
	Sep. 30, 2016
Restructuring, Settlement and Impairment Provisions [Abstract]
Asset Impairment, Exit, and Restructuring Costs	Asset Impairment, Exit, and Restructuring Costs The following table sets forth the charges included in asset impairment, exit, and restructuring costs. Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 (In millions) Impairment charge - fixed assets $ 2 $ 37 $ 11 $ 59 Impairment charge - equity securities 6 — 6 — Impairment charge - goodwill and intangible assets — — 11 9 Restructuring costs 3 28 8 28 $ 11 $ 65 $ 36 $ 96 Impairment charge - fixed assets for the three months ended September 30, 2016 consisted of several individually insignificant fixed asset impairments. Impairment charge - fixed assets for the nine months ended September 30, 2016 consisted of $5 million of fixed asset impairments in Corn, and $6 million of several individually insignificant fixed asset impairments. Impairment charge - fixed assets for the three months ended September 30, 2015 consisted of fixed asset impairments of $33 million related to sugar ethanol facilities in Brazil in the Corn Processing segment and other fixed asset impairments of $4 million in the Oilseeds Processing segment. Impairment charge - fixed assets for the nine months ended September 30, 2015 consisted of fixed asset impairments of $23 million related primarily to certain international Oilseeds Processing facilities, $34 million related to sugar ethanol facilities in Brazil in the Corn Processing segment, and $2 million of other fixed asset impairments in the Agricultural Services segment. Impairment charge - equity securities for the three and nine months ended September 30, 2016 consisted of other-than-temporary impairment charges on the Company’s investment in two available for sale equity securities in Corporate. Impairment charge - goodwill and intangible assets for the nine months ended September 30, 2016 consisted of software impairment in Corporate. Impairment charge - goodwill and intangible assets for the nine months ended September 30, 2015 consisted of goodwill impairment related to certain international Oilseeds Processing facilities. Restructuring costs for the three and nine months ended September 30, 2016 consisted of several individually insignificant charges. Restructuring costs for the three and nine months ended September 30, 2015 related principally to an international pension plan settlement.

Sale of Accounts Receivable

Sale of Accounts Receivable	9 Months Ended
	Sep. 30, 2016
Transfers and Servicing [Abstract]
Sale of Accounts Receivable	Sale of Accounts Receivable Since March 2012, the Company has had an accounts receivable securitization program (the “Program”) with certain commercial paper conduit purchasers and committed purchasers (collectively, the “Purchasers”). Under the Program, certain U.S.-originated trade accounts receivable are sold to a wholly-owned bankruptcy-remote entity, ADM Receivables, LLC (“ADM Receivables”). ADM Receivables in turn transfers such purchased accounts receivable in their entirety to the Purchasers pursuant to a receivables purchase agreement. In exchange for the transfer of the accounts receivable, ADM Receivables receives a cash payment of up to $1.2 billion and an additional amount upon the collection of the accounts receivable (deferred consideration). The Program terminates on June 23, 2017, unless extended. In March 2014, the Company entered into a second accounts receivable securitization program (the “Second Program”) with certain commercial paper conduit purchasers and committed purchasers (collectively, the “Second Purchasers”). Under the Second Program, certain non-U.S.-originated trade accounts receivable are sold to a wholly-owned bankruptcy-remote entity, ADM Ireland Receivables Company (“ADM Ireland Receivables”). ADM Ireland Receivables in turn transfers such purchased accounts receivable in their entirety to the Second Purchasers pursuant to a receivables purchase agreement. In exchange for the transfer of the accounts receivable, ADM Ireland Receivables receives a cash payment of up to $0.3 billion and an additional amount upon the collection of the accounts receivable (deferred consideration). The Second Program terminates on March 17, 2017, unless extended. Under the Program and Second Program (collectively, the “Programs”), ADM Receivables and ADM Ireland Receivables use the cash proceeds from the transfer of receivables to the Purchasers and Second Purchasers and other consideration to finance the purchase of receivables from the Company and the ADM subsidiaries originating the receivables. The Company accounts for these transfers as sales. The Company has no retained interests in the transferred receivables, other than collection and administrative responsibilities and its right to the deferred consideration. At September 30, 2016 and December 31, 2015 , the Company did not record a servicing asset or liability related to its retained responsibility, based on its assessment of the servicing fee, market values for similar transactions and its cost of servicing the receivables sold. As of September 30, 2016 and December 31, 2015 , the fair value of trade receivables transferred to the Purchasers and Second Purchasers under the Programs and derecognized from the Company’s consolidated balance sheet was $1.4 billion and $1.7 billion , respectively. In exchange for the transfer as of September 30, 2016 and December 31, 2015 , the Company received cash of $0.7 billion and $1.2 billion , respectively, and recorded a receivable for deferred consideration included in other current assets of $0.7 billion and $0.5 billion , respectively. Cash collections from customers on receivables sold were $24.4 billion and $30.3 billion for the nine months ended September 30, 2016 and 2015 , respectively. Of this amount, $23.9 billion and $29.9 billion pertain to cash collections on the deferred consideration for the nine months ended September 30, 2016 and 2015 , respectively. Deferred consideration is paid to the Company in cash on behalf of the Purchasers and Second Purchasers as receivables are collected; however, as these are revolving facilities, cash collected from the Company’s customers is reinvested by the Purchasers and Second Purchasers daily in new receivable purchases under the Programs. The Company’s risk of loss following the transfer of accounts receivable under the Programs is limited to the deferred consideration outstanding. The Company carries the deferred consideration at fair value determined by calculating the expected amount of cash to be received and is principally based on observable inputs (a Level 2 measurement under the applicable accounting standards) consisting mainly of the face amount of the receivables adjusted for anticipated credit losses and discounted at the appropriate market rate. Payment of deferred consideration is not subject to significant risks other than delinquencies and credit losses on accounts receivable transferred under the Programs which have historically been insignificant. Transfers of receivables under the Programs resulted in an expense for the loss on sale of $2 million and $1 million during the three months ended September 30, 2016 and 2015 , respectively, and $4 million and $3 million for the nine months ended September 30, 2016 and 2015 , respectively, classified as selling, general, and administrative expenses in the consolidated statements of earnings. The Company reflects all cash flows related to the Programs as operating activities in its consolidated statement of cash flows for the nine months ended September 30, 2016 and 2015 because the cash received from the Purchasers and Second Purchasers upon both the sale and collection of the receivables is not subject to significantly different risks given the short-term nature of the Company’s trade receivables.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following tables set forth, by level, the Company’s assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2016 and December 31, 2015 . Fair Value Measurements at September 30, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total (In millions) Assets: Inventories carried at market $ — $ 2,533 $ 1,164 $ 3,697 Unrealized derivative gains: Commodity contracts 4 491 204 699 Foreign exchange contracts — 55 — 55 Interest rate contracts — 28 — 28 Cash equivalents 249 — — 249 Marketable securities 647 71 — 718 Segregated investments 1,878 — — 1,878 Deferred receivables consideration — 661 — 661 Total Assets $ 2,778 $ 3,839 $ 1,368 $ 7,985 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 557 $ 118 $ 675 Foreign exchange contracts — 99 — 99 Inventory-related payables — 394 15 409 Total Liabilities $ — $ 1,050 $ 133 $ 1,183 Fair Value Measurements at December 31, 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total (In millions) Assets: Inventories carried at market $ — $ 3,062 $ 1,004 $ 4,066 Unrealized derivative gains: Commodity contracts — 403 243 646 Foreign exchange contracts 1 92 — 93 Interest rate contracts — 19 — 19 Cash equivalents 328 — — 328 Marketable securities 698 175 — 873 Segregated investments 1,938 — — 1,938 Deferred receivables consideration — 513 — 513 Total Assets $ 2,965 $ 4,264 $ 1,247 $ 8,476 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 306 $ 113 $ 419 Foreign exchange contracts — 186 — 186 Inventory-related payables — 705 16 721 Total Liabilities $ — $ 1,197 $ 129 $ 1,326
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table presents a reconciliation of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended September 30, 2016 . Level 3 Fair Value Asset Measurements at September 30, 2016 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, June 30, 2016 $ 1,099 $ 153 $ 1,252 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (97 ) 76 (21 ) Purchases 2,523 — 2,523 Sales (2,529 ) — (2,529 ) Settlements — (85 ) (85 ) Transfers into Level 3 206 66 272 Transfers out of Level 3 (38 ) (6 ) (44 ) Ending balance, September 30, 2016 $ 1,164 $ 204 $ 1,368 * Includes increase in unrealized gains of $22 million relating to Level 3 assets still held at September 30, 2016 . The following table presents a reconciliation of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the nine months ended September 30, 2016 . Level 3 Fair Value Asset Measurements at September 30, 2016 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2015 $ 1,004 $ 243 $ 1,247 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (210 ) 171 (39 ) Purchases 7,565 — 7,565 Sales (7,272 ) — (7,272 ) Settlements — (302 ) (302 ) Transfers into Level 3 206 132 338 Transfers out of Level 3 (129 ) (40 ) (169 ) Ending balance, September 30, 2016 $ 1,164 $ 204 $ 1,368 * Includes increase in unrealized gains of $36 million relating to Level 3 assets still held at September 30, 2016 .	The following table presents a reconciliation of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the nine months ended September 30, 2015 . Level 3 Fair Value Asset Measurements at September 30, 2015 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2014 $ 1,491 $ 203 $ 1,694 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (423 ) 183 (240 ) Purchases 8,319 — 8,319 Sales (8,388 ) — (8,388 ) Settlements — (306 ) (306 ) Transfers into Level 3 169 156 325 Transfers out of Level 3 (238 ) (34 ) (272 ) Ending balance, September 30, 2015 $ 930 $ 202 $ 1,132 * Includes increase in unrealized gains of $267 million relating to Level 3 assets still held at September 30, 2015 The following table presents a reconciliation of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended September 30, 2015 . Level 3 Fair Value Asset Measurements at September 30, 2015 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, June 30, 2015 $ 1,026 $ 154 $ 1,180 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (106 ) 74 (32 ) Purchases 2,652 — 2,652 Sales (2,695 ) — (2,695 ) Settlements — (45 ) (45 ) Transfers into Level 3 169 43 212 Transfers out of Level 3 (116 ) (24 ) (140 ) Ending balance, September 30, 2015 $ 930 $ 202 $ 1,132 * Includes increase in unrealized gains of $62 million relating to Level 3 assets still held at September 30, 2015 .
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table presents a reconciliation of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the nine months ended September 30, 2016 . Level 3 Fair Value Liability Measurements at September 30, 2016 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2015 $ 16 $ 113 $ 129 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 5 494 499 Purchases 5 — 5 Sales (11 ) — (11 ) Settlements — (392 ) (392 ) Transfers into Level 3 — 115 115 Transfers out of Level 3 — (212 ) (212 ) Ending balance, September 30, 2016 $ 15 $ 118 $ 133 * Includes increase in unrealized losses of $499 million relating to Level 3 liabilities still held at September 30, 2016 . The following table presents a reconciliation of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended September 30, 2016 . Level 3 Fair Value Liability Measurements at September 30, 2016 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, June 30, 2016 $ 12 $ 500 $ 512 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 3 (1 ) 2 Purchases 3 — 3 Sales (3 ) — (3 ) Settlements — (247 ) (247 ) Transfers into Level 3 — 33 33 Transfers out of Level 3 — (167 ) (167 ) Ending balance, September 30, 2016 $ 15 $ 118 $ 133 * Includes increase in unrealized losses of $1 million relating to Level 3 liabilities still held at September 30, 2016 .	The following table presents a reconciliation of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended September 30, 2015 . Level 3 Fair Value Liability Measurements at September 30, 2015 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, June 30, 2015 $ 13 $ 363 $ 376 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 18 (8 ) 10 Purchases 3 — 3 Settlements — (219 ) (219 ) Transfers into Level 3 — 26 26 Transfers out of Level 3 — (8 ) (8 ) Ending balance, September 30, 2015 $ 34 $ 154 $ 188 * Includes increase in unrealized losses of $12 million relating to Level 3 liabilities still held at September 30, 2015 . The following table presents a reconciliation of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the nine months ended September 30, 2015 . Level 3 Fair Value Liability Measurements at September 30, 2015 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2014 $ 40 $ 212 $ 252 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 8 271 279 Purchases 15 — 15 Sales (29 ) — (29 ) Settlements — (468 ) (468 ) Transfers into Level 3 — 161 161 Transfers out of Level 3 — (22 ) (22 ) Ending balance, September 30, 2015 $ 34 $ 154 $ 188 * Includes increase in unrealized losses of $283 million relating to Level 3 liabilities still held at September 30, 2015
Unobservable Price Components Present in the Level 3 Valuations of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table sets forth the weighted average percentage of the unobservable price components included in the Company’s Level 3 valuations as of September 30, 2016 and December 31, 2015 . The Company’s Level 3 measurements may include Basis only, transportation cost only, or both price components. As an example, for Level 3 inventories with Basis, the unobservable component as of September 30, 2016 is a weighted average 17.9% of the total price for assets and 60.7% of the total price for liabilities. Weighted Average % of Total Price September 30, 2016 December 31, 2015 Component Type Assets Liabilities Assets Liabilities Inventories and Related Payables Basis 17.9 % 60.7 % 10.0 % 53.5 % Transportation cost 4.8 % 2.3 % 1.8 % — Commodity Derivative Contracts Basis 20.4 % 32.3 % 17.7 % 17.9 % Transportation cost 7.8 % 11.8 % 6.6 % 10.4 %

Derivative Instruments and He25

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]	The following table sets forth the fair value of derivatives not designated as hedging instruments as of September 30, 2016 and December 31, 2015 . September 30, 2016 December 31, 2015 Assets Liabilities Assets Liabilities (In millions) FX Contracts $ 55 $ 99 $ 93 $ 186 Commodity Contracts 699 675 646 419 Total $ 754 $ 774 $ 739 $ 605 The following tables set forth the pre-tax gains (losses) on derivatives not designated as hedging instruments that have been included in the consolidated statements of earnings for the three and nine months ended September 30, 2016 and 2015 . Three months ended September 30, 2016 2015 (In millions) FX Contracts Revenues $ (19 ) $ 18 Cost of products sold 1 (200 ) Other income (expense) – net (3 ) 59 Commodity Contracts Cost of products sold 369 586 Total gain (loss) recognized in earnings $ 348 $ 463 Nine months ended September 30, 2016 2015 (In millions) FX Contracts Revenues $ (32 ) $ 26 Cost of products sold 263 (263 ) Other income (expense) – net (108 ) 67 Commodity Contracts Cost of products sold (266 ) 573 Total gain (loss) recognized in earnings $ (143 ) $ 403 The following table sets forth the fair value of derivatives designated as hedging instruments as of September 30, 2016 and December 31, 2015 . September 30, 2016 December 31, 2015 Assets Liabilities Assets Liabilities (In millions) Interest Contracts $ 28 $ — $ 19 $ — Total $ 28 $ — $ 19 $ — The following tables set forth the pre-tax gains (losses) on derivatives designated as hedging instruments that have been included in the consolidated statements of earnings for the three and nine months ended September 30, 2016 and 2015 . Three months ended Consolidated Statement of Earnings Locations September 30, 2016 2015 (In millions) Effective amounts recognized in earnings FX Contracts Other income/expense – net $ (3 ) $ 6 Interest Contracts Interest expense (2 ) — Commodity Contracts Cost of products sold (37 ) 2 Revenues (9 ) 4 Ineffective amount recognized in earnings Commodity Contracts Revenues (1 ) (1 ) Cost of products sold 1 1 Total amount recognized in earnings $ (51 ) $ 12 Nine months ended Consolidated Statement of Earnings Locations September 30, 2016 2015 (In millions) Effective amounts recognized in earnings FX Contracts Other income/expense – net $ (25 ) $ 28 Interest Contracts Interest expense (2 ) — Commodity Contracts Cost of products sold (61 ) (16 ) Revenues (14 ) 49 Ineffective amount recognized in earnings Commodity Contracts Revenues — 6 Cost of products sold 5 (3 ) Interest Contracts Other income/expense – net — 1 Total amount recognized in earnings $ (97 ) $ 65

Marketable Securities (Tables)

Marketable Securities (Tables)	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Marketable Securities [Table Text Block]	Cost Unrealized Gains Unrealized Losses Fair Value (In millions) September 30, 2016 United States government obligations Maturity less than 1 year $ 253 $ — $ — $ 253 Maturity 1 to 5 years 115 — — 115 Corporate debt securities Maturity less than 1 year 2 — — 2 Maturity 1 to 5 years 67 2 — 69 Other debt securities Maturity less than 1 year 1 — — 1 Equity securities Available-for-sale 301 — (23 ) 278 $ 739 $ 2 $ (23 ) $ 718 Cost Unrealized Gains Unrealized Losses Fair Value (In millions) December 31, 2015 United States government obligations Maturity less than 1 year $ 256 $ — $ — $ 256 Maturity 1 to 5 years 116 — — 116 Corporate debt securities Maturity 1 to 5 years 26 — — 26 Other debt securities Maturity less than 1 year 182 — — 182 Maturity 1 to 5 years 3 — — 3 Equity securities Available-for-sale 296 4 (6 ) 294 $ 879 $ 4 $ (6 ) $ 877

Other Current Assets (Tables)

Other Current Assets (Tables)	9 Months Ended
	Sep. 30, 2016
Other Assets [Abstract]
Other Current Assets	The following table sets forth the items in other current assets: September 30, December 31, 2016 2015 (In millions) Unrealized gains on derivative contracts $ 782 $ 758 Deferred receivables consideration 661 513 Customer omnibus receivable 504 1,148 Financing receivables - net (1) 301 352 Insurance premiums receivable 695 584 Prepaid expenses 214 406 Tax receivables 573 550 Non-trade receivables (2) 518 288 Other current assets 460 687 $ 4,708 $ 5,286 (1) The Company provides financing to certain suppliers, primarily Brazilian farmers, to finance a portion of the suppliers’ production costs. The amounts are reported net of allowances of $8 million at September 30, 2016 and December 31, 2015 . Interest earned on financing receivables of $5 million and $17 million for the three and nine months ended September 30, 2016 and 2015 , is included in interest income in the consolidated statements of earnings. (2) Non-trade receivables include $250 million and $272 million of reinsurance recoverables as of September 30, 2016 and December 31, 2015 , respectively.

Accrued Expenses And Other Pa28

Accrued Expenses And Other Payables (Tables)	9 Months Ended
	Sep. 30, 2016
Accrued Liabilities and Other Liabilities [Abstract]
Accrued Expenses And Other Payables	The following table sets forth the items in accrued expenses and other payables: September 30, December 31, 2016 2015 (In millions) Unrealized losses on derivative contracts $ 774 $ 605 Reinsurance premiums payable 483 425 Insurance claims payable 408 459 Deferred income 873 1,152 Other accruals and payables 1,313 1,472 $ 3,851 $ 4,113

Accumulated Other Comprehensi29

Accumulated Other Comprehensive Income (AOCI) (Tables)	9 Months Ended
	Sep. 30, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Details about AOCI Components	The following tables set forth the changes in AOCI by component for the three and nine months ended September 30, 2016 and the reclassifications out of AOCI for the three and nine months ended September 30, 2016 and 2015 : Three months ended September 30, 2016 Foreign Currency Translation Adjustment Deferred Gain (Loss) on Hedging Activities Pension Liability Adjustment Unrealized Gain (Loss) on Investments Total (In millions) Balance at June 30, 2016 $ (1,629 ) $ (26 ) $ (510 ) $ 27 $ (2,138 ) Other comprehensive income (loss) before reclassifications (39 ) (50 ) 1 (22 ) (110 ) Amounts reclassified from AOCI (2 ) 51 10 (6 ) 53 Tax effect 5 3 (4 ) 1 5 Net current period other comprehensive income (36 ) 4 7 (27 ) (52 ) Balance at September 30, 2016 $ (1,665 ) $ (22 ) $ (503 ) $ — $ (2,190 ) Nine months ended September 30, 2016 Foreign Currency Translation Adjustment Deferred Gain (Loss) on Hedging Activities Pension Liability Adjustment Unrealized Gain (Loss) on Investments Total (In millions) Balance at December 31, 2015 $ (1,626 ) $ (15 ) $ (523 ) $ 18 $ (2,146 ) Other comprehensive income before reclassifications 18 (112 ) (5 ) (10 ) (109 ) Amounts reclassified from AOCI (75 ) 102 32 (6 ) 53 Tax effect 18 3 (7 ) (2 ) 12 Net current period other comprehensive income (39 ) (7 ) 20 (18 ) (44 ) Balance at September 30, 2016 $ (1,665 ) $ (22 ) $ (503 ) $ — $ (2,190 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Amount reclassified from AOCI Three months ended Nine months ended Details about AOCI components Sep 30, Sep 30, Sep 30, Sep 30, Affected line item in the consolidated statement of earnings (In millions) Foreign currency translation adjustment $ (2 ) $ (29 ) $ (75 ) $ (29 ) Other income/expense — — — — Tax $ (2 ) $ (29 ) $ (75 ) $ (29 ) Net of tax Deferred loss (gain) on hedging activities $ 37 $ (2 ) $ 61 $ 15 Cost of products sold 2 — 2 — Interest expense 3 (6 ) 25 (27 ) Other income/expense 9 (4 ) 14 (49 ) Revenues 51 (12 ) 102 (61 ) Total before tax (19 ) 5 (38 ) 23 Tax $ 32 $ (7 ) $ 64 $ (38 ) Net of tax Pension liability adjustment Amortization of defined benefit pension items: Prior service credit $ (5 ) $ (4 ) $ (12 ) $ (17 ) Actuarial losses 15 19 44 61 Settlement charges — 15 — 15 Asset impairment, exit, and restructuring costs 10 30 32 59 Total before tax (4 ) (7 ) (7 ) (24 ) Tax $ 6 $ 23 $ 25 $ 35 Net of tax Unrealized loss on investments $ 6 $ — $ 6 $ — Asset impairment, exit, and restructuring costs — — — — Tax $ 6 $ — $ 6 $ — Net of tax

Other (Income) Expense - Net (T

Other (Income) Expense - Net (Tables)	9 Months Ended
	Sep. 30, 2016
Other Income and Expenses [Abstract]
Other (Income) Expense - Net	The following tables set forth the items in other (income) expense: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 (In millions) Losses (Gains) on sales of assets/revaluations $ 7 $ (35 ) $ (117 ) $ (139 ) Loss on debt extinguishment — 189 — 189 Other – net (11 ) (11 ) (21 ) (20 ) Other (Income) Expense - Net $ (4 ) $ 143 $ (138 ) $ 30

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Segment Information	Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2016 2015 2016 2015 Gross revenues Agricultural Services $ 7,597 $ 7,623 $ 21,461 $ 24,534 Corn Processing 2,401 2,529 6,985 7,609 Oilseeds Processing 7,003 7,795 20,411 22,930 Wild Flavors and Specialty Ingredients 617 593 1,899 1,887 Other 136 164 449 481 Intersegment elimination (1,922 ) (2,139 ) (5,360 ) (6,184 ) Total gross revenues $ 15,832 $ 16,565 $ 45,845 $ 51,257 Intersegment sales Agricultural Services $ 637 $ 1,020 $ 1,634 $ 2,881 Corn Processing 10 10 35 45 Oilseeds Processing 1,228 1,048 3,540 3,068 Wild Flavors and Specialty Ingredients 6 5 16 11 Other 41 56 135 179 Total intersegment sales $ 1,922 $ 2,139 $ 5,360 $ 6,184 Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2016 2015 2016 2015 Revenues from external customers Agricultural Services Merchandising and Handling $ 6,146 $ 5,697 $ 17,331 $ 18,798 Milling and Other 754 835 2,325 2,673 Transportation 60 71 171 182 Total Agricultural Services 6,960 6,603 19,827 21,653 Corn Processing Sweeteners and Starches 1,057 974 3,061 2,805 Bioproducts 1,334 1,545 3,889 4,759 Total Corn Processing 2,391 2,519 6,950 7,564 Oilseeds Processing Crushing and Origination 3,660 4,222 10,799 12,214 Refining, Packaging, Biodiesel, and Other 2,042 2,481 5,852 7,455 Asia 73 44 220 193 Total Oilseeds Processing 5,775 6,747 16,871 19,862 Wild Flavors and Specialty Ingredients 611 588 1,883 1,876 Total Wild Flavors and Specialty Ingredients 611 588 1,883 1,876 Other - Financial 95 108 314 302 Total Other 95 108 314 302 Total revenues from external customers $ 15,832 $ 16,565 $ 45,845 $ 51,257 Segment operating profit Agricultural Services $ 193 $ 149 $ 365 $ 495 Corn Processing 212 131 562 448 Oilseeds Processing 144 335 638 1,148 Wild Flavors and Specialty Ingredients 73 70 249 242 Other 23 24 84 39 Total segment operating profit 645 709 1,898 2,372 Corporate (165 ) (342 ) (705 ) (789 ) Earnings before income taxes $ 480 $ 367 $ 1,193 $ 1,583

Asset Impairment, Exit, and R32

Asset Impairment, Exit, and Restructuring Costs (Tables)	9 Months Ended
	Sep. 30, 2016
Restructuring, Settlement and Impairment Provisions [Abstract]
Asset Impairment, Exit, and Restructuring Costs [Table Text Block]	The following table sets forth the charges included in asset impairment, exit, and restructuring costs. Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 (In millions) Impairment charge - fixed assets $ 2 $ 37 $ 11 $ 59 Impairment charge - equity securities 6 — 6 — Impairment charge - goodwill and intangible assets — — 11 9 Restructuring costs 3 28 8 28 $ 11 $ 65 $ 36 $ 96

Basis of Presentation Basis of

Basis of Presentation Basis of Presentation (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Amortization of Intangible Assets	$ 17	$ 8	$ 53	$ 22

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	50.00%
Harvest Innovations [Member]
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	90.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	10.00%
Purchase of noncontrolling interest, period after acquisition (in years)	2 years
Medsofts [Member]
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	50.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	50.00%
Period when fixed multiple of EBITDA is calculated (in months)	12 months
End period when fixed multiple of EBITDA is calculated (in years)	3 years
Series of Individually Immaterial Business Acquisitions [Member]
Business Acquisition [Line Items]
Cost of acquisition paid in cash	$ 136
Cash Acquired from Acquisition	11
Business Acquisition, Purchase Price Allocation, Working Capital	15
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	23
Goodwill	70
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	41
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	42
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities	17
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value	$ 38

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - Weighted Average [Member] - Fair Value, Measurements, Recurring [Member] - Significant Unobservable Inputs (Level 3) [Member]	Sep. 30, 2016	Dec. 31, 2015
Inventory Related Payables [Member]
Fair Value Measurements [Line Items]
Basis	60.70%	53.50%
Inventories Carried At Market [Member]
Fair Value Measurements [Line Items]
Basis	17.90%	10.00%

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Measurements At Reporting Date) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Assets:
Derivative Asset	$ 782	$ 758
Available-for-sale Securities, Fair Value Disclosure	718	877
Deferred receivables consideration	661	513
Liabilities:
Derivative Liability	774	605
Fair Value, Measurements, Recurring [Member]
Assets:
Inventories carried at market	3,697	4,066
Cash Equivalents, at Carrying Value	249	328
Available-for-sale Securities, Fair Value Disclosure	718	873
Restricted Investments, at Fair Value	1,878	1,938
Deferred receivables consideration	661	513
Total Assets	7,985	8,476
Liabilities:
Inventory-related payables	409	721
Total Liabilities	1,183	1,326
Fair Value, Measurements, Recurring [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	699	646
Liabilities:
Derivative Liability	675	419
Fair Value, Measurements, Recurring [Member] | Foreign Exchange Contracts [Member]
Assets:
Derivative Asset	55	93
Liabilities:
Derivative Liability	99	186
Fair Value, Measurements, Recurring [Member] | Interest Rate Contracts [Member]
Assets:
Derivative Asset	28	19
Fair Value, Measurements, Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]
Assets:
Inventories carried at market	0	0
Cash Equivalents, at Carrying Value	249	328
Available-for-sale Securities, Fair Value Disclosure	647	698
Restricted Investments, at Fair Value	1,878	1,938
Deferred receivables consideration	0	0
Total Assets	2,778	2,965
Liabilities:
Inventory-related payables	0	0
Total Liabilities	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	4	0
Liabilities:
Derivative Liability	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Foreign Exchange Contracts [Member]
Assets:
Derivative Asset	0	1
Liabilities:
Derivative Liability	0	0
Fair Value, Measurements, Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member] | Interest Rate Contracts [Member]
Assets:
Derivative Asset	0	0
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets:
Inventories carried at market	2,533	3,062
Cash Equivalents, at Carrying Value	0	0
Available-for-sale Securities, Fair Value Disclosure	71	175
Restricted Investments, at Fair Value	0	0
Deferred receivables consideration	661	513
Total Assets	3,839	4,264
Liabilities:
Inventory-related payables	394	705
Total Liabilities	1,050	1,197
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	491	403
Liabilities:
Derivative Liability	557	306
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Foreign Exchange Contracts [Member]
Assets:
Derivative Asset	55	92
Liabilities:
Derivative Liability	99	186
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Interest Rate Contracts [Member]
Assets:
Derivative Asset	28	19
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets:
Inventories carried at market	1,164	1,004
Cash Equivalents, at Carrying Value	0	0
Available-for-sale Securities, Fair Value Disclosure	0	0
Restricted Investments, at Fair Value	0	0
Deferred receivables consideration	0	0
Total Assets	1,368	1,247
Liabilities:
Inventory-related payables	15	16
Total Liabilities	133	129
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	204	243
Liabilities:
Derivative Liability	118	113
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Foreign Exchange Contracts [Member]
Assets:
Derivative Asset	0	0
Liabilities:
Derivative Liability	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Interest Rate Contracts [Member]
Assets:
Derivative Asset	$ 0	$ 0

Fair Value Measurements (Reconc

Fair Value Measurements (Reconciliation Of Assets Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss)	$ 22	$ 62	$ 36	$ 267
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	1,252	1,180	1,247	1,694
Total increase (decrease) in unrealized gains included in cost of products sold	(21)	(32)	(39)	(240)
Purchases	2,523	2,652	7,565	8,319
Sales	(2,529)	(2,695)	(7,272)	(8,388)
Settlements	(85)	(45)	(302)	(306)
Transfers into Level 3	272	212	338	325
Transfers out of Level 3	(44)	(140)	(169)	(272)
Balance at end of period	1,368	1,132	1,368	1,132
Significant Unobservable Inputs (Level 3) [Member] | Inventories Carried At Market [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	1,099	1,026	1,004	1,491
Total increase (decrease) in unrealized gains included in cost of products sold	(97)	(106)	(210)	(423)
Purchases	2,523	2,652	7,565	8,319
Sales	(2,529)	(2,695)	(7,272)	(8,388)
Settlements	0	0	0	0
Transfers into Level 3	206	169	206	169
Transfers out of Level 3	(38)	(116)	(129)	(238)
Balance at end of period	1,164	930	1,164	930
Significant Unobservable Inputs (Level 3) [Member] | Commodity Derivative Contracts Gains [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	153	154	243	203
Total increase (decrease) in unrealized gains included in cost of products sold	76	74	171	183
Purchases	0	0	0	0
Sales	0	0	0	0
Settlements	(85)	(45)	(302)	(306)
Transfers into Level 3	66	43	132	156
Transfers out of Level 3	(6)	(24)	(40)	(34)
Balance at end of period	$ 204	$ 202	$ 204	$ 202

Fair Value Measurements (Reco38

Fair Value Measurements (Reconciliation Of Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss)	$ 1	$ 12	$ 499	$ 283
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	512	376	129	252
Total increase (decrease) in unrealized losses included in cost of products sold	2	10	499	279
Purchases	3	3	5	15
Sales	(3)		(11)	(29)
Settlements	(247)	(219)	(392)	(468)
Transfers into Level 3	33	26	115	161
Transfers out of Level 3	(167)	(8)	(212)	(22)
Balance at end of period	133	188	133	188
Significant Unobservable Inputs (Level 3) [Member] | Inventory Related Payables [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	12	13	16	40
Total increase (decrease) in unrealized losses included in cost of products sold	3	18	5	8
Purchases	3	3	5	15
Sales	(3)		(11)	(29)
Settlements	0	0	0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Balance at end of period	15	34	15	34
Significant Unobservable Inputs (Level 3) [Member] | Commodity Derivative Contracts Losses [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	500	363	113	212
Total increase (decrease) in unrealized losses included in cost of products sold	(1)	(8)	494	271
Purchases	0	0	0	0
Sales	0		0	0
Settlements	(247)	(219)	(392)	(468)
Transfers into Level 3	33	26	115	161
Transfers out of Level 3	(167)	(8)	(212)	(22)
Balance at end of period	$ 118	$ 154	$ 118	$ 154

Fair Value Measurements (Unobse

Fair Value Measurements (Unobservable Inputs In Level 3 Valuations Of Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - Weighted Average [Member] - Significant Unobservable Inputs (Level 3) [Member] - Fair Value, Measurements, Recurring [Member]	Sep. 30, 2016	Dec. 31, 2015
Inventory Related Payables [Member]
Unobservable inputs in Level 3 Valuations of Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Basis	60.70%	53.50%
Transportation cost	2.30%	0.00%
Commodity Derivative Contracts Losses [Member]
Unobservable inputs in Level 3 Valuations of Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Basis	32.30%	17.90%
Transportation cost	11.80%	10.40%
Inventories Carried At Market [Member]
Unobservable inputs in Level 3 Valuations of Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Basis	17.90%	10.00%
Transportation cost	4.80%	1.80%
Commodity Derivative Contracts Gains [Member]
Unobservable inputs in Level 3 Valuations of Assets and Liabilities Measured at Fair Value on a Recurring Basis [Line Items]
Basis	20.40%	17.70%
Transportation cost	7.80%	6.60%

Derivative Instruments and He40

Derivative Instruments and Hedging Activities (Narrative) (Details) € in Millions, gal in Millions, bu in Millions, $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2016USD ($)gal	Sep. 30, 2016USD ($)bugal	Sep. 30, 2016EUR (€)gal	Aug. 11, 2016EUR (€)	Dec. 31, 2015USD ($)	Jun. 24, 2015EUR (€)
Derivative [Line Items]
Debt Instrument, Face Amount | €				€ 1,000
Interest Rate Derivative Assets, at Fair Value	$ 28	$ 28
Interest Rate Derivative Liabilities, at Fair Value	0	$ 0
Corn processed per month (in bushels) | bu		76
Debt Instrument, Interest Rate, Stated Percentage				2.50%
Debt amount designated as a net investment hedge | €			€ 1,100
Derivatives used in Net Investment Hedge, Net of Tax	(11)	$ (11)
Designated As Hedging Instrument [Member]
Derivative [Line Items]
Interest Rate Derivative Assets, at Fair Value	28	28			$ 19
Unrealized Gain (Loss) on Price Risk Cash Flow Hedges, after Tax, Accumulated Other Comprehensive Income	39	39
Interest Rate Derivative Liabilities, at Fair Value					$ 0
After-tax losses in AOCI from commodity cash flow hedge transactions	$ (35)	$ (35)
Floating Rate Notes Euros [Member]
Derivative [Line Items]
Debt Instrument, Face Amount | €						€ 500
1.75% Notes Euros [Member]
Derivative [Line Items]
Debt Instrument, Face Amount | €						€ 600
Debt Instrument, Interest Rate, Stated Percentage						1.75%
Corn [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Derivative Hedged Item Time Period	12 months
Corn [Member] | Minimum [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Percentage of anticipated commodity purchases or production hedged during historical hedging period (as a percent)		16.00%
Percentage of anticipated commodity purchases or production hedged over future hedging period (as a percent)	14.00%	14.00%	14.00%
Corn [Member] | Maximum [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Percentage of anticipated commodity purchases or production hedged during historical hedging period (as a percent)		66.00%
Percentage of anticipated commodity purchases or production hedged over future hedging period (as a percent)	62.00%	62.00%	62.00%
Ethanol [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Derivative Hedged Item Time Period	12 months
Ethanol [Member] | Minimum [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Commodity hedged during historical hedging period, (in gallons) | gal		0
Commodity hedged over future hedging period, (in gallons) | gal	0	0	0
Ethanol [Member] | Maximum [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Commodity hedged during historical hedging period, (in gallons) | gal		93
Commodity hedged over future hedging period, (in gallons) | gal	66	66	66

Derivative Instruments and He41

Derivative Instruments and Hedging Activities (Fair Value Of Derivatives Not Designated As Hedging Instruments) (Details) - Not Designated As Hedging Instrument [Member] - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
FX Contracts Assets	$ 55	$ 93
Commodity Contracts Assets	699	646
Total fair value of derivative assets not designated as hedging instruments	754	739
FX Contracts Liabilities	99	186
Commodity Contracts Liabilities	675	419
Total fair value of derivative liabilities not designated as hedging instruments.	$ 774	$ 605

Derivative Instruments and He42

Derivative Instruments and Hedging Activities (Pre-Tax Gains (Losses) On Derivatives Not Designated As Hedging Instruments) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative [Line Items]
Total gain (loss) recognized in earnings	$ 348	$ 463
Not Designated As Hedging Instrument [Member]
Derivative [Line Items]
Total gain (loss) recognized in earnings			$ (143)	$ 403
Revenues [Member]
Derivative [Line Items]
FX Contracts	(19)	18	(32)	26
Cost Of Products Sold [Member]
Derivative [Line Items]
FX Contracts	1	(200)	263	(263)
Commodity Contracts	369	586	(266)	573
Other Income (Expense) [Member]
Derivative [Line Items]
FX Contracts	$ (3)	$ 59	$ (108)	$ 67

Derivative Instruments and He43

Derivative Instruments and Hedging Activities (Fair Value Of Derivatives Designated As Hedging Instruments) (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Interest Rate Derivative Assets, at Fair Value	$ 28
Interest Rate Derivative Liabilities, at Fair Value	0
Designated As Hedging Instrument [Member]
Derivative [Line Items]
Interest Rate Derivative Assets, at Fair Value	28	$ 19
Interest Rate Derivative Liabilities, at Fair Value		0
Derivative Instruments in Hedges, Assets, at Fair Value	28	19
Derivative Instruments in Hedges, Liabilities, at Fair Value	$ 0	$ 0

Derivative Instruments and He44

Derivative Instruments and Hedging Activities (Pre-Tax Gains (Losses) On Derivatives Designated As Hedging Instruments) (Details) - Designated As Hedging Instrument [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative Instruments, Gains (Loss) [Line Items]
Total amount recognized in earnings	$ (51)	$ 12	$ (97)	$ 65
Other Income (Expense) [Member]
Derivative Instruments, Gains (Loss) [Line Items]
FX Contracts effective amount recognized in earnings	(3)	6	(25)	28
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness			0	1
Interest Expense [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Interest contracts effective amount recognized in earnings	(2)	0	(2)	0
Cost Of Products Sold [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Commodity Contracts effective amount recognized in earnings	(37)	2	(61)	(16)
Commodity contracts ineffective amount recognized in earnings	1	1	5	(3)
Revenues [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Commodity Contracts effective amount recognized in earnings	(9)	4	(14)	49
Commodity contracts ineffective amount recognized in earnings	$ (1)	$ (1)	$ 0	$ 6

Marketable Securities (Narrativ

Marketable Securities (Narrative) (Details) $ in Millions	Sep. 30, 2016USD ($)security	Dec. 31, 2015USD ($)
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year | security	1
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	$ 23	$ 6
Market value of the investments that have been in an unrealized loss position for less than 12 months	296
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Unrealized losses that arose within the last 12 months	23
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	$ 23	$ 6

Marketable Securities (Details)

Marketable Securities (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Gross Unrealized Gain, Accumulated in Investments	$ 2	$ 4
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	(23)	(6)
Available-for-sale Securities, Amortized Cost Basis	739	879
Available-for-sale Securities	718	877
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Gross Unrealized Gain, Accumulated in Investments	0	4
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	(23)	(6)
Available-for-sale Equity Securities, Amortized Cost Basis	301	296
Available-for-sale Securities, Equity Securities	278	294
Short-term marketable securities [Member] | United States Government Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	253	256
Available-for-sale Securities, Gross Unrealized Gain, Accumulated in Investments	0	0
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	0	0
Available-for-sale Securities, Debt Securities	253	256
Short-term marketable securities [Member] | Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	2
Available-for-sale Securities, Debt Securities	2
Short-term marketable securities [Member] | Other Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	1	182
Available-for-sale Securities, Gross Unrealized Gain, Accumulated in Investments	0	0
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	0	0
Available-for-sale Securities, Debt Securities	1	182
Long-term marketable securities [Member] | United States Government Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	115	116
Available-for-sale Securities, Gross Unrealized Gain, Accumulated in Investments	0	0
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	0	0
Available-for-sale Securities, Debt Securities	115	116
Long-term marketable securities [Member] | Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis	67	26
Available-for-sale Securities, Gross Unrealized Gain, Accumulated in Investments	2	0
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	0	0
Available-for-sale Securities, Debt Securities	$ 69	26
Long-term marketable securities [Member] | Other Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Debt Securities, Amortized Cost Basis		3
Available-for-sale Securities, Gross Unrealized Gain, Accumulated in Investments		0
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments		0
Available-for-sale Securities, Debt Securities		$ 3

Other Current Assets (Details)

Other Current Assets (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Other Assets [Abstract]
Derivative Asset	$ 782		$ 782		$ 758
Deferred receivables consideration	661		661		513
Receivables from Customers	504		504		1,148
Financing Receivable, Net	301		301		352
Premiums Receivable, Net	695		695		584
Prepaid Expense, Current	214		214		406
Tax receivables	573		573		550
Other Receivables	518		518		288
Other current assets	460		460		687
Total other current assets	4,708		4,708		5,286
Financing Receivable, Allowance for Credit Losses	8		8		8
Interest on financing receivables	5	$ 5	17	$ 17
Reinsurance Recoverables	$ 250		$ 250		$ 272

Accrued Expenses And Other Pa48

Accrued Expenses And Other Payables (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Accrued Liabilities and Other Liabilities [Abstract]
Derivative Liability	$ 774	$ 605
Reinsurance Payable	483	425
Liability for Claims and Claims Adjustment Expense	408	459
Deferred Credits and Other Liabilities	873	1,152
Accrued expenses and other payables	1,313	1,472
Total accrued expenses and other payables	$ 3,851	$ 4,113

Debt And Financing Arrangemen49

Debt And Financing Arrangements (Narrative) (Details) € in Millions, $ in Billions	Aug. 11, 2016EUR (€)	Sep. 30, 2016USD ($)
Debt And Financing Arrangements [Line Items]
Debt Instrument, Face Amount | €	€ 1,000
Debt Instrument, Interest Rate, Stated Percentage	2.50%
Debt Instrument, Maturity Date	Aug. 11, 2026
Proceeds from Issuance of Long-term Debt | €	€ 993
Excess of fair value over carrying value of long-term debt		$ 1.4
Line of Credit [Member]
Debt And Financing Arrangements [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		7
Unused lines of credit		6.1
Commercial Paper [Member]
Debt And Financing Arrangements [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		4
Unused lines of credit		0
Accounts Receivable Securitization Facility [Member]
Debt And Financing Arrangements [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		1.5
Used lines of credit		$ 0.7

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016assessment	Sep. 30, 2015	Sep. 30, 2016USD ($)assessment	Sep. 30, 2015
Income Tax Contingency [Line Items]
Effective income tax rate	28.30%	31.10%	27.70%	28.70%
Tax years 2004, 2006. and 2007 [Member] | Brazilian Federal Revenue Service [Member]
Income Tax Contingency [Line Items]
Number of separate tax assessments | assessment	3		3
Income Tax Examination, Estimate of Possible Loss			$ 455
Tax years 2004 to 2008 [Member] | Argentine Tax Authorities [Member]
Income Tax Contingency [Line Items]
Income Tax Examination, Estimate of Possible Loss			113
Tax years after 2008 [Member] | Argentine Tax Authorities [Member]
Income Tax Contingency [Line Items]
Income Tax Examination, Estimate of Possible Loss			159
Tax Year 2009 [Member] | Tax and Customs Administration, Netherlands [Member]
Income Tax Contingency [Line Items]
Income Tax Examination, Estimate of Possible Loss			$ 100

Accumulated Other Comprehensi51

Accumulated Other Comprehensive Income (AOCI) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	$ (2,138)	$ (2,146)
Other comprehensive income (loss) before reclassifications	(110)	(109)
Amounts reclassified from AOCI	53	53
Other comprehensive income (loss), tax, portion attributable to parent	5	12
Other Comprehensive Income (Loss), Net of Tax	(52)	(44)
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(2,190)	(2,190)
Foreign Currency Translation Adjustment [Member]
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	(1,629)	(1,626)
Other comprehensive income (loss) before reclassifications	(39)	18
Amounts reclassified from AOCI	(2)	(75)
Other comprehensive income (loss), tax, portion attributable to parent	5	18
Other Comprehensive Income (Loss), Net of Tax	(36)	(39)
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(1,665)	(1,665)
Deferred Gain (Loss) On Hedging Activities [Member]
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	(26)	(15)
Other comprehensive income (loss) before reclassifications	(50)	(112)
Amounts reclassified from AOCI	51	102
Other comprehensive income (loss), tax, portion attributable to parent	3	3
Other Comprehensive Income (Loss), Net of Tax	4	(7)
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(22)	(22)
Pension Liability Adjustment [Member]
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	(510)	(523)
Other comprehensive income (loss) before reclassifications	1	(5)
Amounts reclassified from AOCI	10	32
Other comprehensive income (loss), tax, portion attributable to parent	(4)	(7)
Other Comprehensive Income (Loss), Net of Tax	7	20
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(503)	(503)
Unrealized Gain (Loss) On Investments [Member]
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	27	18
Other comprehensive income (loss) before reclassifications	(22)	(10)
Amounts reclassified from AOCI	(6)	(6)
Other comprehensive income (loss), tax, portion attributable to parent	1	(2)
Other Comprehensive Income (Loss), Net of Tax	(27)	(18)
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	$ 0	$ 0

Accumulated Other Comprehensi52

Accumulated Other Comprehensive Income (AOCI) Components (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Other Income (Expense)	$ (4)	$ 143	$ (138)	$ 30
Cost of Revenue	14,727	15,476	43,187	48,102
Interest expense	78	69	213	235
Revenues	(15,832)	(16,565)	(45,845)	(51,257)
Asset impairment, exit, and restructuring costs	11	65	36	96
Earnings Before Income Taxes	(480)	(367)	(1,193)	(1,583)
Tax	136	114	331	454
Net Earnings Including Noncontrolling Interests	(344)	(253)	(862)	(1,129)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Foreign Currency Translation Adjustment [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Other Income (Expense)	(2)	(29)	(75)	(29)
Tax	0	0	0	0
Net Earnings Including Noncontrolling Interests	(2)	(29)	(75)	(29)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Deferred (Gain) Loss On Hedging Activities [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Other Income (Expense)	3	(6)	25	(27)
Cost of Revenue	37	(2)	61	15
Interest expense	2	0	2	0
Revenues	9	(4)	14	(49)
Earnings Before Income Taxes	51	(12)	102	(61)
Tax	(19)	5	(38)	23
Net Earnings Including Noncontrolling Interests	32	(7)	64	(38)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Pension Liability Adjustment [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Prior service cost (credit)	(5)	(4)	(12)	(17)
Actuarial (gains ) losses	15	19	44	61
Asset impairment, exit, and restructuring costs	0	15	0	15
Earnings Before Income Taxes	10	30	32	59
Tax	(4)	(7)	(7)	(24)
Net Earnings Including Noncontrolling Interests	6	23	25	35
Reclassification out of Accumulated Other Comprehensive Income [Member] | Unrealized (Gain) Loss On Investments [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Asset impairment, exit, and restructuring costs	6	0	6	0
Tax	0	0	0	0
Net Earnings Including Noncontrolling Interests	$ 6	$ 0	$ 6	$ 0

Other (Income) Expense (Details

Other (Income) Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI	$ (7)	$ 35	$ 117	$ 139
Gains (Losses) on Extinguishment of Debt	0	189	0	189
Other income (expense) - net	11	11	21	20
Other Income (Expense)	4	(143)	138	(30)
Corporate, Non-Segment [Member]
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI	$ (5)
Milling and other [Member]
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI			48
Agricultural Services [Member]
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI				$ 27
Oilseeds Processing [Member]
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI		$ 32
Equity Sold, Percentage				50.00%
Crushing and origination [Member]
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI				$ 68
Corn Processing [Member]
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI			59	6
Wild Flavors and Specialty Ingredients [Member]
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI			12
Transportation & Corporate [Member]
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI			$ (10)
Refining, packaging, biodiesel, and other [Member]
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI				$ 32

Segment Information (Narrative)

Segment Information (Narrative) (Details) - segment	9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	May 16, 2016	Mar. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Number of reportable segments	4
Noncontrolling Interest, Ownership Percentage by Parent	50.00%
Wilmar International Limited [Member]
Segment Reporting Information [Line Items]
Equity Method Investment, Ownership Percentage	23.00%	22.00%		20.00%	19.00%
GrainCorp [Member]
Segment Reporting Information [Line Items]
Investment, Ownership Percentage	19.80%
Pacificor [Member]
Segment Reporting Information [Line Items]
Equity Method Investment, Ownership Percentage	32.20%
Harvest Innovations [Member]
Segment Reporting Information [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	90.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	10.00%
Amazon Flavors [Member]
Segment Reporting Information [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			60.00%

Segment Information (Segment In

Segment Information (Segment Information) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Information
Revenues	$ 15,832	$ 16,565	$ 45,845	$ 51,257
Earnings Before Income Taxes	480	367	1,193	1,583
Agricultural Services [Member]
Segment Information
Revenues	6,960	6,603	19,827	21,653
Earnings Before Income Taxes	193	149	365	495
Merchandising and handling [Member]
Segment Information
Revenues	6,146	5,697	17,331	18,798
Transportation [Member]
Segment Information
Revenues	60	71	171	182
Milling and other [Member]
Segment Information
Revenues	754	835	2,325	2,673
Corn Processing [Member]
Segment Information
Revenues	2,391	2,519	6,950	7,564
Earnings Before Income Taxes	212	131	562	448
Sweeteners and starches [Member]
Segment Information
Revenues	1,057	974	3,061	2,805
Bioproducts [Member]
Segment Information
Revenues	1,334	1,545	3,889	4,759
Oilseeds Processing [Member]
Segment Information
Revenues	5,775	6,747	16,871	19,862
Earnings Before Income Taxes	144	335	638	1,148
Crushing and origination [Member]
Segment Information
Revenues	3,660	4,222	10,799	12,214
Refining, packaging, biodiesel, and other [Member]
Segment Information
Revenues	2,042	2,481	5,852	7,455
Asia [Member]
Segment Information
Revenues	73	44	220	193
Wild Flavors and Specialty Ingredients [Member]
Segment Information
Revenues	611	588	1,883	1,876
Earnings Before Income Taxes	73	70	249	242
Other [Member]
Segment Information
Revenues	95	108	314	302
Earnings Before Income Taxes	23	24	84	39
Aggregate Segment [Member]
Segment Information
Earnings Before Income Taxes	645	709	1,898	2,372
Corporate, Non-Segment [Member]
Segment Information
Earnings Before Income Taxes	(165)	(342)	(705)	(789)
Operating Segments [Member] | Agricultural Services [Member]
Segment Information
Revenues	7,597	7,623	21,461	24,534
Operating Segments [Member] | Corn Processing [Member]
Segment Information
Revenues	2,401	2,529	6,985	7,609
Operating Segments [Member] | Oilseeds Processing [Member]
Segment Information
Revenues	7,003	7,795	20,411	22,930
Operating Segments [Member] | Wild Flavors and Specialty Ingredients [Member]
Segment Information
Revenues	617	593	1,899	1,887
Operating Segments [Member] | Other [Member]
Segment Information
Revenues	136	164	449	481
Intersegment Elimination [Member]
Segment Information
Revenues	(1,922)	(2,139)	(5,360)	(6,184)
Intersegment Elimination [Member] | Agricultural Services [Member]
Segment Information
Revenues	(637)	(1,020)	(1,634)	(2,881)
Intersegment Elimination [Member] | Corn Processing [Member]
Segment Information
Revenues	(10)	(10)	(35)	(45)
Intersegment Elimination [Member] | Oilseeds Processing [Member]
Segment Information
Revenues	(1,228)	(1,048)	(3,540)	(3,068)
Intersegment Elimination [Member] | Wild Flavors and Specialty Ingredients [Member]
Segment Information
Revenues	(6)	(5)	(16)	(11)
Intersegment Elimination [Member] | Other [Member]
Segment Information
Revenues	$ (41)	$ (56)	$ (135)	$ (179)

Asset Impairment, Exit, and R56

Asset Impairment, Exit, and Restructuring Costs (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)security	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)security	Sep. 30, 2015USD ($)
Asset Impairment Charges And Exit Costs [Line Items]
Tangible Asset Impairment Charges	$ 2	$ 37	$ 11	$ 59
Marketable Securities, Realized Loss, Other than Temporary Impairments, Amount	6	0	6	0
Goodwill and Intangible Asset Impairment	0	0	11	9
Restructuring Charges	3	28	8	28
Asset impairment, exit, and restructuring costs	$ 11	65	$ 36	96
Corporate, Non-Segment [Member]
Asset Impairment Charges And Exit Costs [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | security	2		2
Corn Processing [Member]
Asset Impairment Charges And Exit Costs [Line Items]
Tangible Asset Impairment Charges		33	$ 5	34
Ag, Oilseeds, and Corporate [Member]
Asset Impairment Charges And Exit Costs [Line Items]
Tangible Asset Impairment Charges			$ 6
Oilseeds Processing [Member]
Asset Impairment Charges And Exit Costs [Line Items]
Tangible Asset Impairment Charges		$ 4		23
Agricultural Services [Member]
Asset Impairment Charges And Exit Costs [Line Items]
Tangible Asset Impairment Charges				$ 2

Sale of Accounts Receivable (Na

Sale of Accounts Receivable (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Proceeds from Sale and Collection of Receivables			$ 24,400	$ 30,300
Collections applied to deferred consideration			23,900	29,900
Cash payments received in exchange for the transfer of accounts receivable	$ 1,400		1,400		$ 1,700
Proceeds from transfer of receivables	700		700		1,200
Deferred receivables consideration	661		661		$ 513
Loss on transfer of accounts receivables to purchasers	2	$ 1	4	$ 3
Accounts Receivable Securitization Facility [Member]
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	1,500		1,500
Purchasers [Member] | Accounts Receivable Securitization Facility [Member]
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	1,200		1,200
Second Purchasers [Member] | Accounts Receivable Securitization Facility [Member]
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 300		$ 300