Archer-Daniels-Midland (ADM) 10-Q 2 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	Apr. 28, 2017
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	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Registrant Name	ARCHER DANIELS MIDLAND CO
Entity Common Stock, Shares Outstanding		568,357,122

Consolidated Statements Of Earn

Consolidated Statements Of Earnings - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Revenues	$ 14,988	$ 14,384
Cost of Revenue	14,120	13,603
Gross Profit	868	781
Selling, general, and administrative expenses	521	479
Asset impairment, exit, and restructuring costs	10	13
Interest expense	81	70
Equity in earnings of unconsolidated affiliates	(172)	(65)
Interest income	(23)	(22)
Other Income (Expense)	(7)	0
Earnings Before Income Taxes	458	306
Income taxes	118	76
Net earnings including noncontrolling interests	340	230
Less: Net earnings (losses) attributable to noncontrolling interests	1	0
Net Earnings Attributable to Controlling Interests	$ 339	$ 230
Average number of shares outstanding - basic	576	595
Average number of shares outstanding - diluted	579	597
Earnings Per Share, Basic	$ 0.59	$ 0.39
Earnings Per Share, Diluted	0.59	0.39
Dividends per common share	$ 0.32	$ 0.30

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net earnings including noncontrolling interests	$ 340	$ 230
Other Comprehensive Income (Loss), before Tax
Foreign currency translation adjustment, before tax	21	202
Pension and other postretirement benefit liabilities adjustment, before tax	12	1
Deferred gain (loss) on hedging activities, before tax	3	10
Unrealized gain (loss) on investments, before tax	(6)	(33)
Other Comprehensive Income (Loss), Tax
Foreign currency translation adjustment, tax effect	3	23
Pension and other postretirement benefit liabilities adjustment, tax effect	(6)	0
Deferred gain (loss) on hedging activities, tax effect	(3)	(2)
Unrealized gain (loss) on investments, tax effect	0	(2)
Other Comprehensive Income (Loss), Net of Tax
Foreign currency translation adjustment, net of tax	24	225
Pension and other postretirement benefit liabilities adjustment, net of tax	6	1
Deferred gain (loss) on hedging activities, net of tax	0	8
Unrealized gain (loss) on investments, net of tax	(6)	(35)
Other comprehensive income (loss)	24	199
Comprehensive income (loss) including noncontrolling interests	364	429
Less: Comprehensive income (loss) attributable to noncontrolling interests	1	0
Comprehensive income (loss) attributable to controlling interests	$ 363	$ 429

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 476	$ 619
Short-term marketable securities	272	296
Segregated cash and investments	5,376	5,011
Trade receivables	1,757	1,905
Inventories	8,664	8,831
Other current assets	3,941	4,383
Total Current Assets	20,486	21,045
Investments and Other Assets
Investments in and advances to affiliates	4,700	4,497
Long-term marketable securities	196	187
Goodwill and other intangible assets	3,780	3,703
Other assets	697	579
Total Investments and Other Assets	9,373	8,966
Property, Plant, and Equipment
Land	448	445
Buildings	4,715	4,679
Machinery and equipment	17,228	17,160
Construction in progress	1,228	1,213
Gross Property, Plant, and Equipment	23,619	23,497
Accumulated depreciation	(13,848)	(13,739)
Net Property, Plant, and Equipment	9,771	9,758
Total Assets	39,630	39,769
Current Liabilities
Short-term debt	420	154
Trade payables	3,415	3,606
Payables to Brokerage Customers	5,474	5,158
Accrued expenses and other payables	3,462	3,982
Current maturities of long-term debt	831	273
Total Current Liabilities	13,602	13,173
Long-Term Liabilities
Long-term debt	5,956	6,504
Deferred income taxes	1,682	1,669
Other	1,235	1,218
Total Long-Term Liabilities	8,873	9,391
Redeemable Noncontrolling Interest, Equity, Carrying Amount	26	24
Shareholders' Equity
Common stock	2,350	2,327
Reinvested earnings	17,345	17,444
Accumulated other comprehensive income (loss)	(2,574)	(2,598)
Noncontrolling interests	8	8
Total Shareholders' Equity	17,129	17,181
Total Liabilities and Shareholders' Equity	$ 39,630	$ 39,769

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Operating Activities
Net earnings including noncontrolling interests	$ 340	$ 230
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities
Depreciation and amortization	225	231
Asset impairment charges	1	11
Deferred income taxes	1	50
Equity in earnings of affiliates, net of dividends	(140)	(44)
Stock compensation expense	32	28
Pension and postretirement accruals (contributions), net	11	15
Deferred cash flow hedges	3	10
Gain (Loss) on Disposition of Assets	(16)	(3)
Other - net	51	29
Changes in operating assets and liabilities, net of businesses acquired
Segregated cash and investments	(430)	(115)
Trade receivables	169	(172)
Inventories	222	406
Other current assets	387	128
Trade payables	(209)	(527)
Increase (Decrease) in Payables to Brokerage Customers	303	217
Accrued expenses and other payables	(541)	(469)
Total Operating Activities	409	25
Investing Activities
Purchases of property, plant, and equipment	(200)	(180)
Proceeds from sale of business and assets	25	11
Net assets of businesses acquired	(90)	(84)
Purchases of marketable securities	(148)	(426)
Proceeds from sales of marketable securities	220	376
Payments to Acquire Interest in Subsidiaries and Affiliates	(185)	(149)
Other - net	(3)	4
Total Investing Activities	(381)	(448)
Financing Activities
Long-term debt payments	(2)	(4)
Net borrowings (payments) under lines of credit agreements	263	697
Purchases of treasury stock	(248)	(296)
Cash dividends	(183)	(177)
Other - net	(10)	1
Total Financing Activities	(180)	221
Cash, Cash Equivalents, Restricted Cash, Restricted Cash Equivalents, Period Increase (Decrease)	(152)	(202)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents-beginning	688	1,003
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents-ending	536	801
Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents [Abstract]
Cash and cash equivalents	476	706
Restricted Cash and Cash Equivalents	$ 60	$ 95

Consolidated Statements Of Shar

Consolidated Statements Of Shareholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Adjustments for New Accounting Principle, Early Adoption [Member]	Common Stock [Member]	Retained Earnings [Member]	Retained Earnings [Member]Adjustments for New Accounting Principle, Early Adoption [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	$ (7)	$ (7)			$ (7)
Adjusted Balance	17,174		$ 2,327	$ 17,437		$ (2,598)	$ 8
Balance (Scenario, Previously Reported [Member]) at Dec. 31, 2016	17,181		$ 2,327	17,444		(2,598)	8
Balance at Dec. 31, 2016	17,181
Balance (shares) (Scenario, Previously Reported [Member]) at Dec. 31, 2016			573
Balance (shares) at Dec. 31, 2016			573
Comprehensive income
Net earnings	340			339			1
Other comprehensive income (loss)	24					24	0
Total comprehensive income	364
Cash dividends paid - $0.32 per share	(183)			(183)
Stock Repurchased During Period, Value	$ (248)			(248)
Stock Repurchased During Period, Shares			(5)
Stock compensation expense, shares	1
Stock compensation expense	$ 32		$ 32
Other, shares			0
Other	(10)		$ (9)	0		0	(1)
Balance at Mar. 31, 2017	$ 17,129		$ 2,350	$ 17,345		$ (2,574)	$ 8
Balance (shares) at Mar. 31, 2017			569

Consolidated Statements Of Sha7

Consolidated Statements Of Shareholders' Equity (Parenthetical)	3 Months Ended
	Mar. 31, 2017$ / shares
Statement of Stockholders' Equity [Abstract]
Cash dividends paid, per share	$ 0.32

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2017
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 ended March 31, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017 . 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, 2016 . 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. Reclassifications The Company classified $15 million of fees from its U.S. futures commission brokerage business in cost of products sold in the quarter ended March 31, 2017. The current presentation is consistent with the classification of similar fees in the Company’s futures commission brokerage business in the U.K. The Company also classified $18 million of intangible amortization in selling, general, and administrative expenses in the quarter ended March 31, 2017 . Prior period amounts of $15 million related to fees from the futures commission brokerage business and $19 million related to intangible amortization in the quarter ended March 31, 2016 have been reclassified from selling, general, and administrative expenses and other (income) expense - net, respectively, in the consolidated statement of earnings and in Note 13 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	3 Months Ended
	Mar. 31, 2017
New Accounting Standards [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	New Accounting Standards Effective January 1, 2017, the Company adopted 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. Effective January 1, 2017, the Company adopted 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 adoption of this amended guidance did not have an impact on the Company’s financial results. Effective January 1, 2017, the Company adopted the amended guidance of ASC Topic 810, Consolidatio n, which affects reporting entities that are required to evaluate whether they should consolidate a variable interest entity in certain situations involving entities under common control. The amended guidance changes the evaluation of whether a reporting entity is the primary beneficiary of a variable interest entity by changing how a reporting entity that is a single decision maker of a variable interest entity treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The Company was required to adopt the amended guidance using a retrospective transition approach to all periods presented. The adoption of this amended guidance did not result in the deconsolidation of any of its variable interest entities. Effective January 1, 2017, the Company adopted the amended guidance of ASC Topic 740, Income Taxes , which requires entities to recognize the income tax consequences of an intra-entity transfer, other than inventory, when the transfer occurs. Under the previous accounting rules, entities were prohibited from recognizing current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. The amended guidance does not change the accounting for the pre-tax effects of an intra-entity asset transfer or for an intra-entity transfer of inventory. The Company adopted the amended guidance on a modified retrospective approach basis through a $7 million cumulative effect adjustment to retained earnings as of January 1, 2017.

Pending Accounting Standards

Pending Accounting Standards	3 Months Ended
	Mar. 31, 2017
Prospective Adoption of New Accounting Pronouncements [Abstract]
Pending Accounting Standards	Pending Accounting Standards 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 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 has established a cross-functional implementation team consisting of representatives from all of its business segments. The Company utilized surveys to gather information and identify areas of its business where potential differences could result in applying the requirements of the new standard to its revenue contracts. The results of the surveys indicate potential differences in the area of control transfer. Initial impact assessment also indicates that the majority of the Company's contracts will continue to be recognized at a point in time and that the number of performance obligations and the accounting for variable consideration are not expected to be significantly different from current practice. Many of the Company's sales contracts are considered derivatives under ASC Topic 815, Derivatives and Hedging , and are therefore excluded from the scope of Topic 606. The Company conducted workshops to gather more information about the nature, magnitude, and frequency of the underlying transactions that drove the survey responses resulting in the identification of potential issues. The Company expects to further its assessment of the financial impact of the new guidance on its consolidated financial statements by mid-2017. Effective January 1, 2018, the Company will be required to adopt the amended guidance of ASC Topic 805, Business Combinations , which clarifies the definition of a business. The amended guidance is intended to help companies and other organizations evaluate whether transactions should be accounted for as acquisitions (disposals) of assets or businesses and provides a more robust framework to use in determining when a set of assets and activities is a business. Early adoption is permitted for transactions that have not been reported in financial statements that have been issued or made available for issuance. No disclosures are required at transition. The Company plans to adopt the amended guidance on October 1, 2017. Effective January 1, 2018, the Company will be required to adopt the amended guidance of ASC Topic 715, Compensation - Retirement Benefits , which requires that an employer report the service cost component in the same line or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. The adoption of this amended guidance will require expanded disclosures and the reclassification of the other components of net benefit cost from cost of products sold and selling, general, and administrative expenses to other (income) expense - net in the Company’s consolidated statements of earnings but will not impact financial results. 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 ASC 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. Effective January 1, 2020, the Company will be required to adopt the amended guidance of ASC Topic 350, Goodwill and Other , which simplifies the subsequent measurement of goodwill. The amended guidance removes the second step of the goodwill impairment test and requires the application of a one-step quantitative test where the amount of goodwill impairment is the excess of a reporting unit's carrying amount over its fair value, but not to exceed the total amount of goodwill allocated to the reporting unit. The new guidance does not amend the optional qualitative assessment of goodwill impairment. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The impact on the Company’s financial results resulting from the adoption of the amended guidance will depend on the outcome of the goodwill impairment test on the chosen adoption date.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2017
Business Combinations [Abstract]
Acquisitions	Acquisitions During the three months ended March 31, 2017 , the Company acquired Crosswind Industries, Inc. and an 89% ownership stake in Biopolis SL for an aggregate purchase price of $92 million in cash. The aggregate purchase price of these acquisitions, net of cash acquired of $2 million , was preliminarily allocated to working capital, property, plant, and equipment, goodwill, and other intangible assets for $17 million , $23 million , $17 million , and $33 million , respectively.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 and December 31, 2016 . Fair Value Measurements at March 31, 2017 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 $ — $ 3,461 $ 1,129 $ 4,590 Unrealized derivative gains: Commodity contracts — 421 173 594 Foreign currency contracts — 64 — 64 Interest rate contracts — 6 — 6 Cash equivalents 27 — — 27 Marketable securities 373 95 — 468 Segregated investments 1,443 — — 1,443 Deferred receivables consideration — 298 — 298 Total Assets $ 1,843 $ 4,345 $ 1,302 $ 7,490 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 355 $ 123 $ 478 Foreign currency contracts — 96 — 96 Inventory-related payables — 336 28 364 Total Liabilities $ — $ 787 $ 151 $ 938 Fair Value Measurements at December 31, 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 $ — $ 3,102 $ 1,322 $ 4,424 Unrealized derivative gains: Commodity contracts — 371 140 511 Foreign exchange contracts — 102 — 102 Interest rate contracts — 11 — 11 Cash equivalents 286 — — 286 Marketable securities 408 69 — 477 Segregated investments 1,613 — — 1,613 Deferred receivables consideration — 540 — 540 Total Assets $ 2,307 $ 4,195 $ 1,462 $ 7,964 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 419 $ 142 $ 561 Foreign exchange contracts — 90 — 90 Inventory-related payables — 491 30 521 Total Liabilities $ — $ 1,000 $ 172 $ 1,172 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 March 31, 2017 . Level 3 Fair Value Asset Measurements at March 31, 2017 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2016 $ 1,322 $ 140 $ 1,462 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (228 ) 69 (159 ) Purchases 3,248 — 3,248 Sales (3,194 ) — (3,194 ) Settlements — (69 ) (69 ) Transfers into Level 3 34 47 81 Transfers out of Level 3 (53 ) (14 ) (67 ) Ending balance, March 31, 2017 $ 1,129 $ 173 $ 1,302 * Includes decrease in unrealized gains of $182 million relating to Level 3 assets still held at March 31, 2017 . 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 March 31, 2017 . Level 3 Fair Value Liability Measurements at March 31, 2017 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2016 $ 30 $ 142 $ 172 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 14 39 53 Purchases 2 — 2 Sales (18 ) — (18 ) Settlements — (68 ) (68 ) Transfers into Level 3 — 23 23 Transfers out of Level 3 — (13 ) (13 ) Ending balance, March 31, 2017 $ 28 $ 123 $ 151 * Includes increase in unrealized losses of $39 million relating to Level 3 liabilities still held at March 31, 2017 . 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 March 31, 2016 . Level 3 Fair Value Asset Measurements at March 31, 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* (114 ) 63 (51 ) Purchases 2,356 — 2,356 Sales (2,237 ) — (2,237 ) Settlements — (97 ) (97 ) Transfers into Level 3 88 32 120 Transfers out of Level 3 (128 ) (23 ) (151 ) Ending balance, March 31, 2016 $ 969 $ 218 $ 1,187 * Includes increase in unrealized gains of $18 million relating to Level 3 assets still held at March 31, 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 March 31, 2016 . Level 3 Fair Value Liability Measurements at March 31, 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* 13 79 92 Purchases 1 — 1 Sales (7 ) — (7 ) Settlements — (72 ) (72 ) Transfers into Level 3 — 15 15 Transfers out of Level 3 — (24 ) (24 ) Ending balance, March 31, 2016 $ 23 $ 111 $ 134 * Includes increase in unrealized losses of $79 million relating to Level 3 liabilities still held at March 31, 2016 . 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 March 31, 2017 and December 31, 2016 . 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 March 31, 2017 is a weighted average 12.4% of the total price for assets and 68.4% of the total price for liabilities. Weighted Average % of Total Price March 31, 2017 December 31, 2016 Component Type Assets Liabilities Assets Liabilities Inventories and Related Payables Basis 12.4 % 68.4 % 16.5 % 67.1 % Transportation cost 18.6 % 2.3 % 8.3 % — Commodity Derivative Contracts Basis 29.7 % 29.2 % 16.9 % 27.0 % Transportation cost 12.8 % 13.2 % 11.6 % 13.4 % 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	3 Months Ended
	Mar. 31, 2017
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. 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 March 31, 2017 and December 31, 2016 . March 31, 2017 December 31, 2016 Assets Liabilities Assets Liabilities (In millions) Foreign Currency Contracts $ 64 $ 96 $ 102 $ 90 Commodity Contracts 594 478 511 561 Total $ 658 $ 574 $ 613 $ 651 The following table sets 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 months ended March 31, 2017 and 2016 . Three months ended March 31, 2017 2016 (In millions) Foreign Currency Contracts Revenues $ (11 ) $ — Cost of products sold 60 107 Other income (expense) – net 1 (1 ) Commodity Contracts Cost of products sold 259 (10 ) Total gain (loss) recognized in earnings $ 309 $ 96 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. Derivatives Designated as Cash Flow or Fair Value Hedging Strategies As of March 31, 2017 and December 31, 2016 , 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 March 31, 2017 , the Company has $6 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 March 31, 2017 , the Company has $4 million of after-tax losses in AOCI related to gains and losses from commodity cash flow hedge transactions. The Company expects to recognize $4 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 17% and 62% of its monthly anticipated grind. At March 31, 2017 , the Company has designated hedges representing between 1% and 50% 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 1 million and 66 million gallons of ethanol sales per month under these programs. At March 31, 2017 , the Company has designated hedges representing between 0 and 28 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 March 31, 2017 and December 31, 2016 . March 31, 2017 December 31, 2016 Assets Liabilities Assets Liabilities (In millions) Interest Rate Contracts $ 6 $ — $ 11 $ — Total $ 6 $ — $ 11 $ — The following table sets 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 months ended March 31, 2017 and 2016 . Three months ended Consolidated Statement of Earnings Locations March 31, 2017 2016 (In millions) Effective amounts recognized in earnings Foreign Currency Contracts Other income/expense – net $ (2 ) $ (14 ) Commodity Contracts Revenues (1 ) 1 Cost of products sold 1 (19 ) Ineffective amount recognized in earnings Commodity Contracts Revenues 4 2 Cost of products sold 5 2 Total amount recognized in earnings $ 7 $ (28 ) 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 March 31, 2017 , the Company has $31 million of after-tax gains 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	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Marketable Securities	Marketable Securities Cost Unrealized Gains Unrealized Losses Fair Value (In millions) March 31, 2017 United States government obligations Maturity less than 1 year $ 258 $ — $ — $ 258 Maturity 1 to 5 years 115 — (1 ) 114 Corporate debt securities Maturity less than 1 year 2 — — 2 Maturity 1 to 5 years 82 — — 82 Other debt securities Maturity less than 1 year 12 — — 12 $ 469 $ — $ (1 ) $ 468 Cost Unrealized Gains Unrealized Losses Fair Value (In millions) December 31, 2016 United States government obligations Maturity less than 1 year $ 287 $ — $ — $ 287 Maturity 1 to 5 years 121 — (1 ) 120 Corporate debt securities Maturity less than 1 year 1 — — 1 Maturity 1 to 5 years 66 — — 66 Other debt securities Maturity less than 1 year 8 — — 8 Equity securities Available-for-sale 1 — — 1 $ 484 $ — $ (1 ) $ 483 The $1 million in unrealized losses at March 31, 2017 arose within the last 12 months and is related to the Company’s investment in one available-for-sale debt security with a fair value of $39 million . The contractual terms of this investment do not permit the issuer to settle the securities at a price less than the amortized cost basis of the investment. Because the Company does not intend to sell the investment and it is not more likely than not that it will be required to sell the investment before recovery of its amortized cost basis, which may be maturity, the Company does not consider this investment to be other-than-temporarily impaired at March 31, 2017 .

Other Current Assets

Other Current Assets	3 Months Ended
	Mar. 31, 2017
Other Assets [Abstract]
Other Current Assets	Other Current Assets The following table sets forth the items in other current assets: March 31, December 31, 2017 2016 (In millions) Unrealized gains on derivative contracts $ 664 $ 624 Deferred receivables consideration 298 540 Customer omnibus receivable 474 521 Financing receivables - net (1) 363 373 Insurance premiums receivable 617 648 Prepaid expenses 214 268 Tax receivables 401 480 Non-trade receivables (2) 589 478 Other current assets 321 451 $ 3,941 $ 4,383 (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 $7 million at March 31, 2017 and December 31, 2016 . Interest earned on financing receivables of $7 million for the three months ended March 31, 2017 and $8 million for the three months ended March 31, 2016 , is included in interest income in the consolidated statements of earnings. (2) Non-trade receivables include $259 million and $223 million of reinsurance recoverables as of March 31, 2017 and December 31, 2016 , respectively.

Accrued Expenses And Other Paya

Accrued Expenses And Other Payables	3 Months Ended
	Mar. 31, 2017
Accrued Liabilities and Other Liabilities [Abstract]
Accrued Expenses And Other Payables	The following table sets forth the items in accrued expenses and other payables: March 31, December 31, 2017 2016 (In millions) Unrealized losses on derivative contracts $ 574 $ 651 Reinsurance premiums payable 457 479 Insurance claims payables 427 373 Deferred income 635 1,065 Other accruals and payable 1,369 1,414 $ 3,462 $ 3,982

Debt And Financing Arrangements

Debt And Financing Arrangements	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Debt And Financing Arrangements	Debt and Financing Arrangements At March 31, 2017 , the fair value of the Company’s long-term debt exceeded the carrying value by $1.0 billion , as estimated using quoted market prices (a Level 2 measurement under applicable accounting standards). At March 31, 2017 , the Company had lines of credit, including the accounts receivable securitization programs, totaling $6.7 billion , of which $5.1 billion was unused. Of the Company’s total lines of credit, $4.0 billion support a commercial paper borrowing facility, against which there was $0.3 billion of commercial paper outstanding at March 31, 2017 . 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 March 31, 2017 , the Company utilized $1.2 billion of its facility under the Programs (see Note 16 for more information on the Programs).

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective tax rate for the three months ended March 31, 2017 was 25.8% compared to 24.8% for the three months ended March 31, 2016 . The higher rate for the current quarter was primarily due to the expiration of U.S. tax credits including the biodiesel credit at the end of 2016, partially offset by changes in the forecasted geographic mix of pre-tax earnings. 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 March 31, 2017 , these assessments, updated for estimated penalties, interest, and variation in currency exchange rates, totaled approximately $478 million . The statute of limitations for tax years 2005 and 2008 to 2011 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 2011. The Company’s subsidiaries in Argentina have received tax assessments challenging transfer prices used to price grain exports totaling $133 million (inclusive of interest and adjusted for variation in currency exchange rates) for the tax years 2004 through 2010. 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 2010, and estimates that these potential assessments would be approximately $218 million (as of March 31, 2017 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 2010. 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 $96 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 that 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, it has accrued an amount it believes would be the likely outcome of the litigation. The Company’s defense of the judicial appeal 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)	3 Months Ended
	Mar. 31, 2017
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 months ended March 31, 2017 and the reclassifications out of AOCI for the three months ended March 31, 2017 and 2016 : Three months ended March 31, 2017 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, 2016 $ (2,102 ) $ 6 $ (521 ) $ 19 $ (2,598 ) Other comprehensive income (loss) before reclassifications 21 1 (3 ) (6 ) 13 Amounts reclassified from AOCI — 2 15 — 17 Tax effect 3 (3 ) (6 ) — (6 ) Net current period other comprehensive income 24 — 6 (6 ) 24 Balance at March 31, 2017 $ (2,078 ) $ 6 $ (515 ) $ 13 $ (2,574 ) Amount reclassified from AOCI Three months ended Details about AOCI components March 31, March 31, Affected line item in the consolidated statement of earnings (In millions) Deferred loss (gain) on hedging activities $ (1 ) $ 19 Cost of products sold 2 14 Other income/expense 1 (1 ) Revenues 2 32 Total before tax (1 ) (11 ) Tax $ 1 $ 21 Net of tax Pension liability adjustment Amortization of defined benefit pension items: Prior service credit $ (3 ) $ (4 ) Selling, general, and administrative expenses Actuarial losses 18 14 Selling, general, and administrative expenses 15 10 Total before tax (6 ) (1 ) Tax $ 9 $ 9 Net of tax

Other (Income) Expense - Net

Other (Income) Expense - Net	3 Months Ended
	Mar. 31, 2017
Other Income and Expenses [Abstract]
Other (Income) Expense - Net	Other (Income) Expense - Net The following table sets forth the items in other (income) expense: Three Months Ended March 31, 2017 2016 (In millions) Gains on sales of assets $ (16 ) $ (3 ) Other – net 9 3 Other (Income) Expense - Net $ (7 ) $ — Gains on sales of assets for the three months ended March 31, 2017 and 2016 include gains on disposals of individually insignificant assets in the ordinary course of business. Other - net for the three months ended March 31, 2017 and 2016 includes foreign exchange losses partially offset by other income.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2017
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, rail, and container freight services. The Agricultural Services segment also includes the activities related to structured trade finance, the processing of wheat into wheat flour, and the Company’s 32.2% share of the results of its Pacificor (formerly Kalama Export Company LLC) joint venture. The Agricultural Services segment also included returns associated with the Company’s 19.8% investment in GrainCorp until its sale in December 2016. 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, Morocco, 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. By 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, all of which are used in various food and industrial products. The Corn Processing segment also included the activities of the Company’s Brazilian sugarcane ethanol plant and related operations until the Company completed the sale of these operations in May 2016. 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. In February 2017, the Company acquired Crosswind Industries, Inc., an industry leader in the manufacture of contract and private label pet treats and foods, as well as specialty ingredients, and an 89% ownership stake in in Biopolis SL, a leading provider of microbial technology with a strong portfolio of novel food ingredients. 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 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, Edible Oils Limited, and Olenex joint ventures. During the first quarter of 2017, the Company acquired additional shares in Wilmar, increasing its ownership interest from 23.2% to 24.3% as of March 31, 2017. The Wild Flavors and Specialty Ingredients (WFSI) 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 WFSI segment also includes the activities related to the procurement, processing, and distribution of edible beans. 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, interest cost net of investment income, and the Company’s share of the results of its equity investment in Compagnie Industrialle et Financiere des Produits Amylaces SA (Luxembourg) (CIP). Three Months Ended March 31, (In millions) 2017 2016 Gross revenues Agricultural Services $ 7,311 $ 6,863 Corn Processing 2,259 2,220 Oilseeds Processing 6,589 6,092 Wild Flavors and Specialty Ingredients 566 596 Other 136 158 Intersegment elimination (1,873 ) (1,545 ) Total gross revenues $ 14,988 $ 14,384 Intersegment sales Agricultural Services $ 505 $ 383 Corn Processing 15 13 Oilseeds Processing 1,307 1,095 Wild Flavors and Specialty Ingredients 4 4 Other 42 50 Total intersegment sales $ 1,873 $ 1,545 Revenues from external customers Agricultural Services Merchandising and Handling $ 6,070 $ 5,679 Milling and Other 686 746 Transportation 50 55 Total Agricultural Services 6,806 6,480 Corn Processing Sweeteners and Starches 1,028 967 Bioproducts 1,216 1,240 Total Corn Processing 2,244 2,207 Oilseeds Processing Crushing and Origination 3,274 3,106 Refining, Packaging, Biodiesel, and Other 1,945 1,769 Asia 63 122 Total Oilseeds Processing 5,282 4,997 Wild Flavors and Specialty Ingredients 562 592 Total Wild Flavors and Specialty Ingredients 562 592 Other - Financial 94 108 Total Other 94 108 Total revenues from external customers $ 14,988 $ 14,384 Three Months Ended March 31, (In millions) 2017 2016 Segment operating profit Agricultural Services $ 81 $ 75 Corn Processing 177 131 Oilseeds Processing 313 260 Wild Flavors and Specialty Ingredients 75 70 Other 30 37 Total segment operating profit 676 573 Corporate (218 ) (267 ) Earnings before income taxes $ 458 $ 306

Asset Impairment, Exit, and Res

Asset Impairment, Exit, and Restructuring Costs	3 Months Ended
	Mar. 31, 2017
Restructuring, Settlement and Impairment Provisions [Abstract]
Asset Impairment, Exit, and Restructuring Costs	Asset Impairment, Exit, and Restructuring Costs Asset impairment, exit, and restructuring costs in the quarter ended March 31, 2017 consisted of $6 million of restructuring charges in the Agricultural Services segment and $4 million of other individually insignificant fixed asset impairments and restructuring charges. Asset impairment, exit, and restructuring costs in the quarter ended March 31, 2016 consisted of software impairment in Corporate of $11 million and restructuring charges.

Sale of Accounts Receivable

Sale of Accounts Receivable	3 Months Ended
	Mar. 31, 2017
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 , as amended, 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 16, 2018, 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 March 31, 2017 and December 31, 2016 , 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 March 31, 2017 and December 31, 2016 , 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 $1.5 billion , and $1.6 billion , respectively. In exchange for the transfer as of March 31, 2017 and December 31, 2016 , the Company received cash of $1.2 billion and $1.0 billion and recorded a receivable for deferred consideration included in other current assets of $298 million and $540 million , respectively. Cash collections from customers on receivables sold were $8.5 billion and $8.4 billion for the three months ended March 31, 2017 and 2016 , respectively. Of this amount, $8.5 billion and $8.3 billion pertain to cash collections on the deferred consideration for the three months ended March 31, 2017 and 2016 , respectively. Deferred consideration is paid to the Company in cash on behalf of the Purchasers as receivables are collected; however, as this is a revolving facility, cash collected from the Company’s customers is reinvested by the Purchasers daily in new receivable purchases under the Program. The Company’s risk of loss following the transfer of accounts receivable under the Program 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 March 31, 2017 and 2016 , 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 three months ended March 31, 2017 and 2016 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.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2017
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Subsequent Event On May 1, 2017, the Company completed the sale of its crop risk services business to Validus Holdings, a global group of insurance and reinsurance companies, for $118 million plus net working capital upon closing of approximately $70 million .

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
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 March 31, 2017 and December 31, 2016 . Fair Value Measurements at March 31, 2017 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 $ — $ 3,461 $ 1,129 $ 4,590 Unrealized derivative gains: Commodity contracts — 421 173 594 Foreign currency contracts — 64 — 64 Interest rate contracts — 6 — 6 Cash equivalents 27 — — 27 Marketable securities 373 95 — 468 Segregated investments 1,443 — — 1,443 Deferred receivables consideration — 298 — 298 Total Assets $ 1,843 $ 4,345 $ 1,302 $ 7,490 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 355 $ 123 $ 478 Foreign currency contracts — 96 — 96 Inventory-related payables — 336 28 364 Total Liabilities $ — $ 787 $ 151 $ 938 Fair Value Measurements at December 31, 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 $ — $ 3,102 $ 1,322 $ 4,424 Unrealized derivative gains: Commodity contracts — 371 140 511 Foreign exchange contracts — 102 — 102 Interest rate contracts — 11 — 11 Cash equivalents 286 — — 286 Marketable securities 408 69 — 477 Segregated investments 1,613 — — 1,613 Deferred receivables consideration — 540 — 540 Total Assets $ 2,307 $ 4,195 $ 1,462 $ 7,964 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 419 $ 142 $ 561 Foreign exchange contracts — 90 — 90 Inventory-related payables — 491 30 521 Total Liabilities $ — $ 1,000 $ 172 $ 1,172
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 March 31, 2017 . Level 3 Fair Value Asset Measurements at March 31, 2017 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2016 $ 1,322 $ 140 $ 1,462 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (228 ) 69 (159 ) Purchases 3,248 — 3,248 Sales (3,194 ) — (3,194 ) Settlements — (69 ) (69 ) Transfers into Level 3 34 47 81 Transfers out of Level 3 (53 ) (14 ) (67 ) Ending balance, March 31, 2017 $ 1,129 $ 173 $ 1,302 * Includes decrease in unrealized gains of $182 million relating to Level 3 assets still held at March 31, 2017 .	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 March 31, 2016 . Level 3 Fair Value Asset Measurements at March 31, 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* (114 ) 63 (51 ) Purchases 2,356 — 2,356 Sales (2,237 ) — (2,237 ) Settlements — (97 ) (97 ) Transfers into Level 3 88 32 120 Transfers out of Level 3 (128 ) (23 ) (151 ) Ending balance, March 31, 2016 $ 969 $ 218 $ 1,187 * Includes increase in unrealized gains of $18 million relating to Level 3 assets still held at March 31, 2016 .
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 three months ended March 31, 2017 . Level 3 Fair Value Liability Measurements at March 31, 2017 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2016 $ 30 $ 142 $ 172 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 14 39 53 Purchases 2 — 2 Sales (18 ) — (18 ) Settlements — (68 ) (68 ) Transfers into Level 3 — 23 23 Transfers out of Level 3 — (13 ) (13 ) Ending balance, March 31, 2017 $ 28 $ 123 $ 151 * Includes increase in unrealized losses of $39 million relating to Level 3 liabilities still held at March 31, 2017 .	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 March 31, 2016 . Level 3 Fair Value Liability Measurements at March 31, 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* 13 79 92 Purchases 1 — 1 Sales (7 ) — (7 ) Settlements — (72 ) (72 ) Transfers into Level 3 — 15 15 Transfers out of Level 3 — (24 ) (24 ) Ending balance, March 31, 2016 $ 23 $ 111 $ 134 * Includes increase in unrealized losses of $79 million relating to Level 3 liabilities still held at March 31, 2016 .
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 March 31, 2017 and December 31, 2016 . 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 March 31, 2017 is a weighted average 12.4% of the total price for assets and 68.4% of the total price for liabilities. Weighted Average % of Total Price March 31, 2017 December 31, 2016 Component Type Assets Liabilities Assets Liabilities Inventories and Related Payables Basis 12.4 % 68.4 % 16.5 % 67.1 % Transportation cost 18.6 % 2.3 % 8.3 % — Commodity Derivative Contracts Basis 29.7 % 29.2 % 16.9 % 27.0 % Transportation cost 12.8 % 13.2 % 11.6 % 13.4 %

Derivative Instruments and He26

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 and December 31, 2016 . March 31, 2017 December 31, 2016 Assets Liabilities Assets Liabilities (In millions) Foreign Currency Contracts $ 64 $ 96 $ 102 $ 90 Commodity Contracts 594 478 511 561 Total $ 658 $ 574 $ 613 $ 651 The following table sets 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 months ended March 31, 2017 and 2016 . Three months ended March 31, 2017 2016 (In millions) Foreign Currency Contracts Revenues $ (11 ) $ — Cost of products sold 60 107 Other income (expense) – net 1 (1 ) Commodity Contracts Cost of products sold 259 (10 ) Total gain (loss) recognized in earnings $ 309 $ 96 The following table sets forth the fair value of derivatives designated as hedging instruments as of March 31, 2017 and December 31, 2016 . March 31, 2017 December 31, 2016 Assets Liabilities Assets Liabilities (In millions) Interest Rate Contracts $ 6 $ — $ 11 $ — Total $ 6 $ — $ 11 $ — The following table sets 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 months ended March 31, 2017 and 2016 . Three months ended Consolidated Statement of Earnings Locations March 31, 2017 2016 (In millions) Effective amounts recognized in earnings Foreign Currency Contracts Other income/expense – net $ (2 ) $ (14 ) Commodity Contracts Revenues (1 ) 1 Cost of products sold 1 (19 ) Ineffective amount recognized in earnings Commodity Contracts Revenues 4 2 Cost of products sold 5 2 Total amount recognized in earnings $ 7 $ (28 )

Marketable Securities (Tables)

Marketable Securities (Tables)	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Marketable Securities [Table Text Block]	Cost Unrealized Gains Unrealized Losses Fair Value (In millions) March 31, 2017 United States government obligations Maturity less than 1 year $ 258 $ — $ — $ 258 Maturity 1 to 5 years 115 — (1 ) 114 Corporate debt securities Maturity less than 1 year 2 — — 2 Maturity 1 to 5 years 82 — — 82 Other debt securities Maturity less than 1 year 12 — — 12 $ 469 $ — $ (1 ) $ 468 Cost Unrealized Gains Unrealized Losses Fair Value (In millions) December 31, 2016 United States government obligations Maturity less than 1 year $ 287 $ — $ — $ 287 Maturity 1 to 5 years 121 — (1 ) 120 Corporate debt securities Maturity less than 1 year 1 — — 1 Maturity 1 to 5 years 66 — — 66 Other debt securities Maturity less than 1 year 8 — — 8 Equity securities Available-for-sale 1 — — 1 $ 484 $ — $ (1 ) $ 483

Other Current Assets (Tables)

Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Other Assets [Abstract]
Other Current Assets	The following table sets forth the items in other current assets: March 31, December 31, 2017 2016 (In millions) Unrealized gains on derivative contracts $ 664 $ 624 Deferred receivables consideration 298 540 Customer omnibus receivable 474 521 Financing receivables - net (1) 363 373 Insurance premiums receivable 617 648 Prepaid expenses 214 268 Tax receivables 401 480 Non-trade receivables (2) 589 478 Other current assets 321 451 $ 3,941 $ 4,383 (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 $7 million at March 31, 2017 and December 31, 2016 . Interest earned on financing receivables of $7 million for the three months ended March 31, 2017 and $8 million for the three months ended March 31, 2016 , is included in interest income in the consolidated statements of earnings. (2) Non-trade receivables include $259 million and $223 million of reinsurance recoverables as of March 31, 2017 and December 31, 2016 , respectively.

Accrued Expenses And Other Pa29

Accrued Expenses And Other Payables (Tables)	3 Months Ended
	Mar. 31, 2017
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: March 31, December 31, 2017 2016 (In millions) Unrealized losses on derivative contracts $ 574 $ 651 Reinsurance premiums payable 457 479 Insurance claims payables 427 373 Deferred income 635 1,065 Other accruals and payable 1,369 1,414 $ 3,462 $ 3,982

Accumulated Other Comprehensi30

Accumulated Other Comprehensive Income (AOCI) (Tables)	3 Months Ended
	Mar. 31, 2017
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 months ended March 31, 2017 and the reclassifications out of AOCI for the three months ended March 31, 2017 and 2016 : Three months ended March 31, 2017 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, 2016 $ (2,102 ) $ 6 $ (521 ) $ 19 $ (2,598 ) Other comprehensive income (loss) before reclassifications 21 1 (3 ) (6 ) 13 Amounts reclassified from AOCI — 2 15 — 17 Tax effect 3 (3 ) (6 ) — (6 ) Net current period other comprehensive income 24 — 6 (6 ) 24 Balance at March 31, 2017 $ (2,078 ) $ 6 $ (515 ) $ 13 $ (2,574 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Amount reclassified from AOCI Three months ended Details about AOCI components March 31, March 31, Affected line item in the consolidated statement of earnings (In millions) Deferred loss (gain) on hedging activities $ (1 ) $ 19 Cost of products sold 2 14 Other income/expense 1 (1 ) Revenues 2 32 Total before tax (1 ) (11 ) Tax $ 1 $ 21 Net of tax Pension liability adjustment Amortization of defined benefit pension items: Prior service credit $ (3 ) $ (4 ) Selling, general, and administrative expenses Actuarial losses 18 14 Selling, general, and administrative expenses 15 10 Total before tax (6 ) (1 ) Tax $ 9 $ 9 Net of tax

Other (Income) Expense - Net (T

Other (Income) Expense - Net (Tables)	3 Months Ended
	Mar. 31, 2017
Other Income and Expenses [Abstract]
Other (Income) Expense - Net	The following table sets forth the items in other (income) expense: Three Months Ended March 31, 2017 2016 (In millions) Gains on sales of assets $ (16 ) $ (3 ) Other – net 9 3 Other (Income) Expense - Net $ (7 ) $ —

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Information	Three Months Ended March 31, (In millions) 2017 2016 Gross revenues Agricultural Services $ 7,311 $ 6,863 Corn Processing 2,259 2,220 Oilseeds Processing 6,589 6,092 Wild Flavors and Specialty Ingredients 566 596 Other 136 158 Intersegment elimination (1,873 ) (1,545 ) Total gross revenues $ 14,988 $ 14,384 Intersegment sales Agricultural Services $ 505 $ 383 Corn Processing 15 13 Oilseeds Processing 1,307 1,095 Wild Flavors and Specialty Ingredients 4 4 Other 42 50 Total intersegment sales $ 1,873 $ 1,545 Revenues from external customers Agricultural Services Merchandising and Handling $ 6,070 $ 5,679 Milling and Other 686 746 Transportation 50 55 Total Agricultural Services 6,806 6,480 Corn Processing Sweeteners and Starches 1,028 967 Bioproducts 1,216 1,240 Total Corn Processing 2,244 2,207 Oilseeds Processing Crushing and Origination 3,274 3,106 Refining, Packaging, Biodiesel, and Other 1,945 1,769 Asia 63 122 Total Oilseeds Processing 5,282 4,997 Wild Flavors and Specialty Ingredients 562 592 Total Wild Flavors and Specialty Ingredients 562 592 Other - Financial 94 108 Total Other 94 108 Total revenues from external customers $ 14,988 $ 14,384 Three Months Ended March 31, (In millions) 2017 2016 Segment operating profit Agricultural Services $ 81 $ 75 Corn Processing 177 131 Oilseeds Processing 313 260 Wild Flavors and Specialty Ingredients 75 70 Other 30 37 Total segment operating profit 676 573 Corporate (218 ) (267 ) Earnings before income taxes $ 458 $ 306

Basis of Presentation Basis of

Basis of Presentation Basis of Presentation (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cost Of Products Sold [Member]
Floor Brokerage, Exchange and Clearance Fees	$ 15	$ 15
Selling, General and Administrative Expenses [Member]
Floor Brokerage, Exchange and Clearance Fees		(15)
Amortization of Intangible Assets	$ 18	19
Other Income (Expense) [Member]
Amortization of Intangible Assets		$ (19)

New Accounting Standards New Ac

New Accounting Standards New Accounting Standards (Details) $ in Millions	Dec. 31, 2016USD ($)
New Accounting Standards [Abstract]
Cumulative Effect of New Accounting Principle in Period of Adoption	$ 7

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	89.00%
Biopolis SL [Member]
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	89.00%
Series of Individually Immaterial Business Acquisitions [Member]
Business Acquisition [Line Items]
Cost of acquisition paid in cash	$ 92
Cash Acquired from Acquisition	2
Business Acquisition, Purchase Price Allocation, Working Capital	17
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	23
Goodwill	17
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 33

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - Weighted Average [Member] - Fair Value, Measurements, Recurring [Member] - Significant Unobservable Inputs (Level 3) [Member]	Mar. 31, 2017	Dec. 31, 2016
Inventory Related Payables [Member]
Fair Value Measurements [Line Items]
Basis	68.40%	67.10%
Inventories Carried At Market [Member]
Fair Value Measurements [Line Items]
Basis	12.40%	16.50%

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Measurements At Reporting Date) (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Assets:
Derivative Asset	$ 664	$ 624
Available-for-sale Securities, Fair Value Disclosure	468	483
Deferred receivables consideration	298	540
Liabilities:
Derivative Liability	574	651
Fair Value, Measurements, Recurring [Member]
Assets:
Inventories carried at market	4,590	4,424
Cash Equivalents, at Carrying Value	27	286
Available-for-sale Securities, Fair Value Disclosure	468	477
Restricted Investments, at Fair Value	1,443	1,613
Deferred receivables consideration	298	540
Total Assets	7,490	7,964
Liabilities:
Inventory-related payables	364	521
Total Liabilities	938	1,172
Fair Value, Measurements, Recurring [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	594	511
Liabilities:
Derivative Liability	478	561
Fair Value, Measurements, Recurring [Member] | Foreign Exchange Contracts [Member]
Assets:
Derivative Asset	64	102
Liabilities:
Derivative Liability	96	90
Fair Value, Measurements, Recurring [Member] | Interest Rate Contracts [Member]
Assets:
Derivative Asset	6	11
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	27	286
Available-for-sale Securities, Fair Value Disclosure	373	408
Restricted Investments, at Fair Value	1,443	1,613
Deferred receivables consideration	0	0
Total Assets	1,843	2,307
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	0	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	0
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	3,461	3,102
Cash Equivalents, at Carrying Value	0	0
Available-for-sale Securities, Fair Value Disclosure	95	69
Restricted Investments, at Fair Value	0	0
Deferred receivables consideration	298	540
Total Assets	4,345	4,195
Liabilities:
Inventory-related payables	336	491
Total Liabilities	787	1,000
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	421	371
Liabilities:
Derivative Liability	355	419
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Foreign Exchange Contracts [Member]
Assets:
Derivative Asset	64	102
Liabilities:
Derivative Liability	96	90
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Interest Rate Contracts [Member]
Assets:
Derivative Asset	6	11
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets:
Inventories carried at market	1,129	1,322
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	1,302	1,462
Liabilities:
Inventory-related payables	28	30
Total Liabilities	151	172
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	173	140
Liabilities:
Derivative Liability	123	142
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
	Mar. 31, 2017	Mar. 31, 2016
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss)	$ 182	$ 18
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	1,462	1,247
Total increase (decrease) in unrealized gains included in cost of products sold	(159)	(51)
Purchases	3,248	2,356
Sales	(3,194)	(2,237)
Settlements	(69)	(97)
Transfers into Level 3	81	120
Transfers out of Level 3	(67)	(151)
Balance at end of period	1,302	1,187
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	1,322	1,004
Total increase (decrease) in unrealized gains included in cost of products sold	(228)	(114)
Purchases	3,248	2,356
Sales	(3,194)	(2,237)
Settlements	0	0
Transfers into Level 3	34	88
Transfers out of Level 3	(53)	(128)
Balance at end of period	1,129	969
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	140	243
Total increase (decrease) in unrealized gains included in cost of products sold	69	63
Purchases	0	0
Sales	0	0
Settlements	(69)	(97)
Transfers into Level 3	47	32
Transfers out of Level 3	(14)	(23)
Balance at end of period	$ 173	$ 218

Fair Value Measurements (Reco39

Fair Value Measurements (Reconciliation Of Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss)	$ 39	$ 79
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	172	129
Total increase (decrease) in unrealized losses included in cost of products sold	53	92
Purchases	2	1
Sales	(18)	(7)
Settlements	(68)	(72)
Transfers into Level 3	23	15
Transfers out of Level 3	(13)	(24)
Balance at end of period	151	134
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	30	16
Total increase (decrease) in unrealized losses included in cost of products sold	14	13
Purchases	2	1
Sales	(18)	(7)
Settlements	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Balance at end of period	28	23
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	142	113
Total increase (decrease) in unrealized losses included in cost of products sold	39	79
Purchases	0	0
Sales	0	0
Settlements	(68)	(72)
Transfers into Level 3	23	15
Transfers out of Level 3	(13)	(24)
Balance at end of period	$ 123	$ 111

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]	Mar. 31, 2017	Dec. 31, 2016
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	68.40%	67.10%
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	29.20%	27.00%
Transportation cost	13.20%	13.40%
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	12.40%	16.50%
Transportation cost	18.60%	8.30%
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	29.70%	16.90%
Transportation cost	12.80%	11.60%

Derivative Instruments and He41

Derivative Instruments and Hedging Activities (Narrative) (Details) € in Millions, gal in Millions, bu in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)bugal	Mar. 31, 2017EUR (€)gal	Dec. 31, 2016USD ($)	Jun. 24, 2015EUR (€)
Derivative [Line Items]
Interest Rate Derivative Assets, at Fair Value	$ 6
Interest Rate Derivative Liabilities, at Fair Value	$ 0
Corn processed per month (in bushels) | bu	76
Debt amount designated as a net investment hedge | €		€ 1,100
Derivatives used in Net Investment Hedge, Net of Tax	$ 31
Designated As Hedging Instrument [Member]
Derivative [Line Items]
Interest Rate Derivative Assets, at Fair Value	6		$ 11
Unrealized Gain (Loss) on Price Risk Cash Flow Hedges, after Tax, Accumulated Other Comprehensive Income	4
Interest Rate Derivative Liabilities, at Fair Value			$ 0
After-tax losses in AOCI from commodity cash flow hedge transactions	$ 4
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)	17.00%
Percentage of anticipated commodity purchases or production hedged over future hedging period (as a percent)	1.00%	1.00%
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)	62.00%
Percentage of anticipated commodity purchases or production hedged over future hedging period (as a percent)	50.00%	50.00%
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	1
Commodity hedged over future hedging period, (in gallons) | gal	0	0
Ethanol [Member] | Maximum [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Commodity hedged during historical hedging period, (in gallons) | gal	66
Commodity hedged over future hedging period, (in gallons) | gal	28	28

Derivative Instruments and He42

Derivative Instruments and Hedging Activities (Fair Value Of Derivatives Not Designated As Hedging Instruments) (Details) - Not Designated As Hedging Instrument [Member] - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Derivative [Line Items]
FX Contracts Assets	$ 64	$ 102
Commodity Contracts Assets	594	511
Total fair value of derivative assets not designated as hedging instruments	658	613
FX Contracts Liabilities	96	90
Commodity Contracts Liabilities	478	561
Total fair value of derivative liabilities not designated as hedging instruments.	$ 574	$ 651

Derivative Instruments and He43

Derivative Instruments and Hedging Activities (Pre-Tax Gains (Losses) On Derivatives Not Designated As Hedging Instruments) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Derivative [Line Items]
Total gain (loss) recognized in earnings	$ 309	$ 96
Revenues [Member]
Derivative [Line Items]
FX Contracts	(11)	0
Cost Of Products Sold [Member]
Derivative [Line Items]
FX Contracts	60	107
Commodity Contracts	259	(10)
Other Income (Expense) [Member]
Derivative [Line Items]
FX Contracts	$ 1	$ (1)

Derivative Instruments and He44

Derivative Instruments and Hedging Activities (Fair Value Of Derivatives Designated As Hedging Instruments) (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Derivative [Line Items]
Interest Rate Derivative Assets, at Fair Value	$ 6
Interest Rate Derivative Liabilities, at Fair Value	0
Designated As Hedging Instrument [Member]
Derivative [Line Items]
Interest Rate Derivative Assets, at Fair Value	6	$ 11
Interest Rate Derivative Liabilities, at Fair Value		0
Derivative Instruments in Hedges, Assets, at Fair Value	6	11
Derivative Instruments in Hedges, Liabilities, at Fair Value	$ 0	$ 0

Derivative Instruments and He45

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
	Mar. 31, 2017	Mar. 31, 2016
Derivative Instruments, Gains (Loss) [Line Items]
Total amount recognized in earnings	$ 7	$ (28)
Other Income (Expense) [Member]
Derivative Instruments, Gains (Loss) [Line Items]
FX Contracts effective amount recognized in earnings	(2)	(14)
Cost Of Products Sold [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Commodity Contracts effective amount recognized in earnings	1	(19)
Commodity contracts ineffective amount recognized in earnings	5	2
Revenues [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Commodity Contracts effective amount recognized in earnings	(1)	1
Commodity contracts ineffective amount recognized in earnings	$ 4	$ 2

Marketable Securities (Narrativ

Marketable Securities (Narrative) (Details) $ in Millions	Mar. 31, 2017USD ($)security	Dec. 31, 2016USD ($)
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	$ 1	$ 1
Unrealized losses that arose within the last 12 months	$ 1
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year | security	1
Market value of the investments that have been in an unrealized loss position for less than 12 months	$ 39

Marketable Securities (Details)

Marketable Securities (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale Securities, Gross Unrealized Gain, Accumulated in Investments	$ 0	$ 0
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	(1)	(1)
Available-for-sale Securities, Amortized Cost Basis	469	484
Available-for-sale Securities	468	483
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
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 Equity Securities, Amortized Cost Basis		1
Available-for-sale Securities, Equity Securities		1
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	258	287
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	258	287
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	1
Available-for-sale Securities, Debt Securities	2	1
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	12	8
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	12	8
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	121
Available-for-sale Securities, Gross Unrealized Gain, Accumulated in Investments	0	0
Available-for-sale Securities, Gross Unrealized Loss, Accumulated in Investments	(1)	(1)
Available-for-sale Securities, Debt Securities	114	120
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	82	66
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	$ 82	$ 66

Other Current Assets (Details)

Other Current Assets (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Other Assets [Abstract]
Derivative Asset	$ 664		$ 624
Deferred receivables consideration	298		540
Receivables from Customers	474		521
Financing Receivable, Net	363		373
Premiums Receivable, Net	617		648
Prepaid Expense, Current	214		268
Tax receivables	401		480
Other Receivables	589		478
Other current assets	321		451
Total other current assets	3,941		4,383
Financing Receivable, Allowance for Credit Losses	7		7
Interest on financing receivables	7	$ 8
Reinsurance Recoverables	$ 259		$ 223

Accrued Expenses And Other Pa49

Accrued Expenses And Other Payables (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Accrued Liabilities and Other Liabilities [Abstract]
Derivative Liability	$ 574	$ 651
Reinsurance Payable	457	479
Liability for Claims and Claims Adjustment Expense	427	373
Deferred Credits and Other Liabilities	635	1,065
Accrued expenses and other payables	1,369	1,414
Total accrued expenses and other payables	$ 3,462	$ 3,982

Debt And Financing Arrangemen50

Debt And Financing Arrangements (Narrative) (Details) $ in Billions	Mar. 31, 2017USD ($)
Line of Credit Facility [Line Items]
Excess of fair value over carrying value of long-term debt	$ 1
Line of Credit [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	6.7
Unused lines of credit	5.1
Commercial Paper [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	4
Unused lines of credit	0.3
Accounts Receivable Securitization Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	1.5
Used lines of credit	$ 1.2

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)assessment	Mar. 31, 2016
Income Tax Contingency [Line Items]
Effective income tax rate	25.80%	24.80%
Brazilian Federal Revenue Service [Member]
Income Tax Contingency [Line Items]
Number of separate tax assessments | assessment	3
Income tax assessment	$ 478
Argentine Tax Authorities [Member]
Income Tax Contingency [Line Items]
Income tax assessment	133
Estimated Additional Tax Assessment	218
Tax and Customs Administration, Netherlands [Member]
Income Tax Contingency [Line Items]
Income tax assessment	$ 96

Accumulated Other Comprehensi52

Accumulated Other Comprehensive Income (AOCI) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	$ (2,598)
Other comprehensive income (loss) before reclassifications	13
Amounts reclassified from AOCI	17
Other comprehensive income (loss), tax, portion attributable to parent	(6)
Other Comprehensive Income (Loss), Net of Tax	24
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(2,574)
Foreign Currency Translation Adjustment [Member]
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	(2,102)
Other comprehensive income (loss) before reclassifications	21
Amounts reclassified from AOCI	0
Other comprehensive income (loss), tax, portion attributable to parent	3
Other Comprehensive Income (Loss), Net of Tax	24
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(2,078)
Deferred Gain (Loss) On Hedging Activities [Member]
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	6
Other comprehensive income (loss) before reclassifications	1
Amounts reclassified from AOCI	2
Other comprehensive income (loss), tax, portion attributable to parent	(3)
Other Comprehensive Income (Loss), Net of Tax	0
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	6
Pension Liability Adjustment [Member]
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	(521)
Other comprehensive income (loss) before reclassifications	(3)
Amounts reclassified from AOCI	15
Other comprehensive income (loss), tax, portion attributable to parent	(6)
Other Comprehensive Income (Loss), Net of Tax	6
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(515)
Unrealized Gain (Loss) On Investments [Member]
Accumulated other comprehensive income (loss)
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	19
Other comprehensive income (loss) before reclassifications	(6)
Amounts reclassified from AOCI	0
Other comprehensive income (loss), tax, portion attributable to parent	0
Other Comprehensive Income (Loss), Net of Tax	(6)
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	$ 13

Accumulated Other Comprehensi53

Accumulated Other Comprehensive Income (AOCI) Components (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of Revenue	$ 14,120	$ 13,603
Other Income (Expense)	(7)	0
Revenues	(14,988)	(14,384)
Earnings Before Income Taxes	(458)	(306)
Tax	118	76
Net Earnings Including Noncontrolling Interests	(340)	(230)
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]
Cost of Revenue	(1)	19
Other Income (Expense)	2	14
Revenues	1	(1)
Earnings Before Income Taxes	2	32
Tax	(1)	(11)
Net Earnings Including Noncontrolling Interests	1	21
Reclassification out of Accumulated Other Comprehensive Income [Member] | Pension Liability Adjustment [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Earnings Before Income Taxes	15	10
Tax	(6)	(1)
Net Earnings Including Noncontrolling Interests	9	9
Selling, General and Administrative Expenses [Member] | 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)	(3)	(4)
Actuarial Loss (Gain)	$ 18	$ 14

Other (Income) Expense (Details

Other (Income) Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Other Income and Expenses [Line Items]
Gain (Loss) on Sale/Revaluation of Assets/NCI	$ 16	$ 3
Other (income) expense - net	9	3
Other Income (Expense)	$ (7)	$ 0

Segment Information (Narrative)

Segment Information (Narrative) (Details) - segment	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Number of reportable segments	4
Noncontrolling Interest, Ownership Percentage by Parent	89.00%
Wilmar International Limited [Member]
Segment Reporting Information [Line Items]
Investment, Ownership Percentage	24.30%	23.20%
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%

Segment Information (Segment In

Segment Information (Segment Information) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Information
Revenues	$ 14,988	$ 14,384
Earnings Before Income Taxes	458	306
Agricultural Services [Member]
Segment Information
Revenues	6,806	6,480
Earnings Before Income Taxes	81	75
Merchandising and handling [Member]
Segment Information
Revenues	6,070	5,679
Transportation [Member]
Segment Information
Revenues	50	55
Milling and other [Member]
Segment Information
Revenues	686	746
Corn Processing [Member]
Segment Information
Revenues	2,244	2,207
Earnings Before Income Taxes	177	131
Sweeteners and starches [Member]
Segment Information
Revenues	1,028	967
Bioproducts [Member]
Segment Information
Revenues	1,216	1,240
Oilseeds Processing [Member]
Segment Information
Revenues	5,282	4,997
Earnings Before Income Taxes	313	260
Crushing and origination [Member]
Segment Information
Revenues	3,274	3,106
Refining, packaging, biodiesel, and other [Member]
Segment Information
Revenues	1,945	1,769
Asia [Member]
Segment Information
Revenues	63	122
Wild Flavors and Specialty Ingredients [Member]
Segment Information
Revenues	562	592
Earnings Before Income Taxes	75	70
Other [Member]
Segment Information
Revenues	94	108
Earnings Before Income Taxes	30	37
Aggregate Segment [Member]
Segment Information
Earnings Before Income Taxes	676	573
Corporate Segment [Member]
Segment Information
Earnings Before Income Taxes	(218)	(267)
Operating Segments [Member] | Agricultural Services [Member]
Segment Information
Revenues	7,311	6,863
Operating Segments [Member] | Corn Processing [Member]
Segment Information
Revenues	2,259	2,220
Operating Segments [Member] | Oilseeds Processing [Member]
Segment Information
Revenues	6,589	6,092
Operating Segments [Member] | Wild Flavors and Specialty Ingredients [Member]
Segment Information
Revenues	566	596
Operating Segments [Member] | Other [Member]
Segment Information
Revenues	136	158
Intersegment Elimination [Member]
Segment Information
Revenues	(1,873)	(1,545)
Intersegment Elimination [Member] | Agricultural Services [Member]
Segment Information
Revenues	(505)	(383)
Intersegment Elimination [Member] | Corn Processing [Member]
Segment Information
Revenues	(15)	(13)
Intersegment Elimination [Member] | Oilseeds Processing [Member]
Segment Information
Revenues	(1,307)	(1,095)
Intersegment Elimination [Member] | Wild Flavors and Specialty Ingredients [Member]
Segment Information
Revenues	(4)	(4)
Intersegment Elimination [Member] | Other [Member]
Segment Information
Revenues	$ (42)	$ (50)

Asset Impairment, Exit, and R57

Asset Impairment, Exit, and Restructuring Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Asset Impairment Charges And Exit Costs [Line Items]
Asset Impairment Charges		$ 11
Restructuring Costs and Asset Impairment Charges	$ 4
Agricultural Services [Member]
Asset Impairment Charges And Exit Costs [Line Items]
Restructuring Charges	$ 6

Sale of Accounts Receivable (Na

Sale of Accounts Receivable (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Proceeds from Sale and Collection of Receivables	$ 8,500	$ 8,400
Collections applied to deferred consideration	8,500	8,300
Cash payments received in exchange for the transfer of accounts receivable	1,500		$ 1,600
Proceeds from transfer of receivables	1,200		1,000
Deferred receivables consideration	298		$ 540
Loss on transfer of accounts receivables to purchasers	2	$ 1
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
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
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

Subsequent Events Subsequent Ev

Subsequent Events Subsequent Events (Details) - Subsequent Event [Member] $ in Millions	May 01, 2017USD ($)
Subsequent Event [Line Items]
Proceeds from Divestiture of Businesses	$ 118
Additional proceeds from a divestiture	$ 70