Archer-Daniels-Midland (ADM) 10-Q 26 Apr 19 2019 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2019	Apr. 25, 2019
Entity Information [Abstract]
Entity Central Index Key	0000007084
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Registrant Name	ARCHER DANIELS MIDLAND CO
Entity Common Stock, Shares Outstanding		560,165,196
Entity Emerging Growth Company	false
Entity Small Business	false

Consolidated Statements Of Earn

Consolidated Statements Of Earnings - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Statement [Abstract]
Revenues	$ 15,304	$ 15,526
Cost of Products Sold	14,376	14,637
Gross Profit	928	889
Selling, general, and administrative expenses	659	513
Asset impairment, exit, and restructuring costs	11	16
Interest Expense	101	91
Equity in (earnings) losses of unconsolidated affiliates	(101)	(147)
Interest income	(49)	(33)
Other (Income) Expense - Net	(8)	(15)
Earnings Before Income Taxes	315	464
Income taxes	81	68
Net earnings including noncontrolling interests	234	396
Less: Net earnings (losses) attributable to noncontrolling interests	1	3
Net Earnings Attributable to Controlling Interests	$ 233	$ 393
Average number of shares outstanding - basic	565	563
Average number of shares outstanding - diluted	566	565
Earnings Per Share, Basic	$ 0.41	$ 0.70
Earnings Per Share, Diluted	0.41	0.70
Dividends per common share	$ 0.35	$ 0.335

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Net earnings including noncontrolling interests	$ 234	$ 396
Other Comprehensive Income (Loss), before Tax
Foreign currency translation adjustment, before tax	(79)	211
Pension and other postretirement benefit liabilities adjustment, before tax	7	2
Unrealized gain (loss) on investments, before tax	(2)	(2)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	12	6
Other Comprehensive Income (Loss), Tax
Foreign currency translation adjustment, tax effect	(10)	(3)
Pension and other postretirement benefit liabilities adjustment, tax effect	13	(3)
Unrealized gain (loss) on investments, tax effect	0	0
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax	(65)	(19)
Other Comprehensive Income (Loss), Net of Tax
Foreign currency translation adjustment, net of tax	(89)	208
Pension and other postretirement benefit liabilities adjustment, net of tax	20	(1)
Unrealized gain (loss) on investments, net of tax	(2)	(2)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax	(77)	(25)
Other comprehensive income (loss)	(136)	186
Comprehensive income (loss) including noncontrolling interests	98	582
Less: Comprehensive income (loss) attributable to noncontrolling interests	1	3
Comprehensive income (loss) attributable to controlling interests	$ 97	$ 579

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Current Assets
Cash and cash equivalents	$ 926	$ 1,997
Short-term marketable securities	9	6
Segregated cash and investments	4,241	4,506
Trade receivables	2,515	2,233
Inventories	8,946	8,813
Other current assets	3,625	3,033
Total Current Assets	20,262	20,588
Investments and Other Assets
Investments in and advances to affiliates	5,332	5,317
Long-term marketable securities	22	7
Goodwill and other intangible assets	5,459	4,041
Other assets	1,777	927
Total Investments and Other Assets	12,590	10,292
Property, Plant, and Equipment
Land and Land Improvements	586	545
Buildings	5,404	5,171
Machinery and equipment	18,534	18,399
Construction in progress	1,121	987
Gross Property, Plant, and Equipment	25,645	25,102
Accumulated depreciation	(15,346)	(15,149)
Net Property, Plant, and Equipment	10,299	9,953
Total Assets	43,151	40,833
Current Liabilities
Short-term debt	1,595	108
Trade payables	3,538	3,545
Payables to Brokerage Customers	4,616	4,628
Accrued expenses and other payables	2,998	2,913
Current maturities of long-term debt	614	582
Total Current Liabilities	13,361	11,776
Long-Term Liabilities
Long-term debt	7,675	7,698
Deferred income taxes	1,250	1,067
Other	1,906	1,247
Total Long-Term Liabilities	10,831	10,012
Redeemable Noncontrolling Interest, Equity, Carrying Amount	49	49
Shareholders' Equity
Common stock	2,584	2,560
Reinvested earnings	18,553	18,527
Accumulated other comprehensive income (loss)	(2,242)	(2,106)
Noncontrolling interests	15	15
Total Shareholders' Equity	18,910	18,996
Total Liabilities and Shareholders' Equity	$ 43,151	$ 40,833

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating Activities
Net earnings including noncontrolling interests	$ 234	$ 396
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities
Depreciation and amortization	245	235
Asset impairment charges	9	12
Deferred income taxes	39	(21)
Equity in earnings of affiliates, net of dividends	(4)	(105)
Stock compensation expense	43	29
Deferred cash flow hedges	(77)	(25)
Gain (Loss) on Disposition of Assets	(15)	(6)
Other - net	(8)	38
Changes in operating assets and liabilities, net of businesses acquired
Segregated cash and investments	28	308
Trade receivables	34	(185)
Inventories	166	(600)
Increase (Decrease) in Accounts Receivable from Securitization	(1,778)	(2,450)
Other current assets	(495)	(432)
Trade payables	(260)	(567)
Increase (Decrease) in Payables to Brokerage Customers	(27)	(432)
Accrued expenses and other payables	(169)	231
Total Operating Activities	(2,035)	(3,574)
Investing Activities
Purchases of property, plant, and equipment	(198)	(196)
Proceeds from sale of business and assets	18	14
Net assets of businesses acquired	(1,876)	0
Proceeds from sales of marketable securities	50	0
Payments to Acquire Interest in Subsidiaries and Affiliates	(9)	0
Payments to Acquire Retained Interest in Securitized Receivables	(1,313)	(1,298)
Proceeds from Collection of Retained Interest in Securitized Receivables	3,091	3,656
Other - net	(34)	4
Total Investing Activities	(271)	2,180
Financing Activities
Long-term debt payments	(4)	(1)
Net borrowings (payments) under lines of credit agreements	1,309	1,474
Cash dividends	(198)	(190)
Other - net	(42)	(6)
Total Financing Activities	1,065	1,277
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	(1,241)	(117)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning	3,843	1,858
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending	2,602	1,741
Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents [Abstract]
Cash and cash equivalents	926	797
Restricted Cash and Cash Equivalents	1,676	944
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Noncash or Part Noncash Acquisition, Investments Acquired	$ 1,831	$ 2,368

Consolidated Statements Of Shar

Consolidated Statements Of Shareholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]
Balance at Dec. 31, 2017	$ 18,322	$ 2,398	$ 17,552	$ (1,637)	$ 9
Balance (shares) at Dec. 31, 2017		557
Comprehensive income
Net earnings including noncontrolling interests	396		393		3
Other comprehensive income (loss)	186			186	0
Total comprehensive income	582
Cash dividends paid	$ (190)		(190)
Stock compensation expense, shares	2
Stock compensation expense	$ 29	$ 29
Other, shares		0
Other	(6)	$ 1	0	0	(7)
Balance at Mar. 31, 2018	18,737	$ 2,428	17,755	(1,451)	5
Balance (shares) at Mar. 31, 2018		559
Balance at Dec. 31, 2018	18,996	$ 2,560	18,527	(2,106)	15
Balance (shares) at Dec. 31, 2018		559
Comprehensive income
Net earnings including noncontrolling interests	234		233		1
Other comprehensive income (loss)	(136)			(136)	0
Total comprehensive income	98
Cash dividends paid	(198)		(198)
Stock compensation expense, shares		1
Stock compensation expense	43	$ 43
Other, shares		0
Other	(29)	$ (19)	(9)	0	(1)
Balance at Mar. 31, 2019	$ 18,910	$ 2,584	$ 18,553	$ (2,242)	$ 15
Balance (shares) at Mar. 31, 2019		560

Consolidated Statements Of Sh_2

Consolidated Statements Of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Stockholders' Equity [Abstract]
Cash dividends paid, per share	$ 0.35	$ 0.335

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2019
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 three months ended March 31, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019 . 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, 2018 . 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. Segregated Cash and Investments The Company segregates certain cash, cash equivalents, and investment balances in accordance with regulatory requirements, commodity exchange requirements, and insurance arrangements. These balances represent deposits received from customers of the Company’s registered futures commission merchant and commodity brokerage services, cash margins and securities pledged to commodity exchange clearinghouses, and cash pledged as security under certain insurance arrangements. Segregated cash and investments also include restricted cash collateral for the various insurance programs of the Company’s captive insurance business. To the degree these segregated balances are comprised of cash and cash equivalents, they are considered restricted cash and cash equivalents on the statement of cash flows. Last-in, First-out (LIFO) Inventories

New Accounting Standards

New Accounting Standards	3 Months Ended
	Mar. 31, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	New Accounting Standards Effective January 1, 2019, the Company adopted the new guidance of ASC Topic 842, Leases (Topic 842), which superseded ASC Topic 840, Leases . Topic 842 requires lessees to recognize assets and liabilities for all leases. The Company adopted Topic 842 using the optional transition method that allows entities to forgo the comparative reporting requirements under the modified retrospective transition method. In addition, the Company elected to apply the package of practical expedients that allows entities to forego reassessing at the transition date: (1) whether any expired or existing contracts are or contain leases; (2) lease classification for any expired or existing leases; and (3) whether unamortized initial direct costs for existing leases meet the definition of initial direct costs under the new guidance. The Company also elected to use the practical expedient that allows the combination of lease and non-lease contract components in all of its underlying asset categories, as well as the optional transition practical expedient that permits entities to continue applying current accounting policy for land easements that existed as of or expired before January 1, 2019. The adoption of Topic 842 resulted in the recording of right-of-use assets and lease liabilities of $793 million and $795 million , respectively, at January 1, 2019. The new guidance did not have a material impact on the Company’s consolidated statement of earnings and had no impact on the consolidated statement of cash flows. For more information about the adoption of Topic 842, see Note 12. Effective January 1, 2019, the Company adopted the amended guidance of ASC Topic 220, Income Statement - Reporting Comprehensive Income

Pending Accounting Standards

Pending Accounting Standards	3 Months Ended
	Mar. 31, 2019
Prospective Adoption of New Accounting Pronouncements [Abstract]
Pending Accounting Standards	Pending Accounting Standards 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 is permitted for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is evaluating its current accounting policy of recording allowance for doubtful accounts for compliance with the amended guidance. Based on that evaluation, 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 820, Fair Value Measurement , which modifies the disclosure requirements on fair value measurements. Early adoption is permitted. The adoption of this amended guidance will not impact the Company’s financial results. Effective December 31, 2020, the Company will be required to adopt the amended guidance of ASC Subtopic 715-20, Compensation - Retirement Benefits - Defined Benefit Plans - General

Revenues Revenues

Revenues Revenues	3 Months Ended
	Mar. 31, 2019
Revenues [Abstract]
Revenues [Text Block]	Revenues Revenue Recognition The Company principally generates revenue from merchandising and transporting agricultural commodities and manufactured products used as ingredients in food, feed, energy, and industrial products. Revenue is measured based on the consideration specified in the contract with a customer, and excludes any sales incentives and amounts collected on behalf of third parties. The Company follows a policy of recognizing revenue at a single point in time when it satisfies its performance obligation by transferring control over a product or service to a customer. The majority of the Company’s contracts with customers have one performance obligation and a contract duration of one year or less. The Company applies the practical expedient in paragraph 10-50-14 of ASC 606, Revenue from Contracts with Customers (Topic 606) and does not disclose information about remaining performance obligations that have original expected durations of one year or less. For transportation service contracts, the Company recognizes revenue over time as the barge, ocean-going vessel, truck, rail, or container freight moves towards its destination in accordance with the transfer of control guidance of Topic 606. For physically settled derivative sales contracts that are outside the scope of Topic 606, the Company recognizes revenue when control of the inventory is transferred within the meaning of Topic 606 as required by ASC 610-20, Gains and Losses from the Derecognition of Nonfinancial Assets (Topic 610-20). Shipping and Handling Costs Shipping and handling costs related to contracts with customers for sale of goods are accounted for as a fulfillment activity and are included in cost of products sold. Accordingly, amounts billed to customers for such costs are included as a component of revenues. Taxes Collected from Customers and Remitted to Governmental Authorities The Company does not include taxes assessed by governmental authorities that are (i) imposed on and concurrent with a specific revenue-producing transaction and (ii) collected from customers, in the measurement of transactions prices or as a component of revenues and cost of products sold. Contract Liabilities Contract liabilities relate to advance payments from customers for goods and services that the Company has yet to provide. Contract liabilities of $477 million and $501 million as of March 31, 2019 and December 31, 2018 , respectively, were recorded in accrued expenses and other payables in the consolidated balance sheet. Contract liabilities recognized as revenues for the three months ended March 31, 2019 and 2018 were $166 million and $326 million , respectively. Disaggregation of Revenues The following tables present revenue disaggregated by timing of recognition and major product lines for the three months ended March 31, 2019 and 2018 . Three Months Ended March 31, 2019 Topic 606 Revenue Topic 815 (1) Total Point in Time Over Time Total Revenue Revenues (In millions) Origination Merchandising and Handling $ 592 $ 49 $ 641 $ 5,417 $ 6,058 Transportation — 66 66 — 66 Total Origination 592 115 707 5,417 6,124 Oilseeds Crushing and Origination 171 — 171 3,085 3,256 Refining, Packaging, Biodiesel, and Other 512 — 512 1,646 2,158 Total Oilseeds 683 — 683 4,731 5,414 Carbohydrate Solutions Starches and Sweeteners 1,199 — 1,199 423 1,622 Bioproducts 781 — 781 — 781 Total Carbohydrate Solutions 1,980 — 1,980 423 2,403 Nutrition Wild Flavors and Specialty Ingredients 674 — 674 — 674 Animal Nutrition 608 — 608 — 608 Total Nutrition 1,282 — 1,282 — 1,282 Other 81 — 81 — 81 Total Revenues $ 4,618 $ 115 $ 4,733 $ 10,571 $ 15,304 Three Months Ended March 31, 2018 Topic 606 Revenue Topic 815 (1) Total Point in Time Over Time Total Revenue Revenues (In millions) Origination Merchandising and Handling $ 671 $ 62 $ 733 $ 5,479 $ 6,212 Transportation — 55 55 — 55 Total Origination 671 117 788 5,479 6,267 Oilseeds Crushing and Origination 186 — 186 3,099 3,285 Refining, Packaging, Biodiesel, and Other 527 — 527 1,790 2,317 Total Oilseeds 713 — 713 4,889 5,602 Carbohydrate Solutions Starches and Sweeteners 1,157 — 1,157 481 1,638 Bioproducts 963 — 963 — 963 Total Carbohydrate Solutions 2,120 — 2,120 481 2,601 Nutrition Wild Flavors and Specialty Ingredients 636 — 636 — 636 Animal Nutrition 314 — 314 — 314 Total Nutrition 950 — 950 — 950 Other 106 — 106 — 106 Total Revenues $ 4,560 $ 117 $ 4,677 $ 10,849 $ 15,526 (1) Topic 815 revenue relates to the physical delivery or the settlement of the Company’s sales contracts that are accounted for as derivatives and are outside the scope of Topic 606. Origination The Origination segment generates revenue from the sale of commodities and from service fees for the transportation of goods. Revenue is measured based on the consideration specified in the contract and excludes any sales incentives and amounts collected on behalf of third parties. Revenue is recognized when a performance obligation is satisfied by transferring control over a product or providing service to a customer. For transportation service contracts in Transportation, the Company recognizes revenue over time as the barge, ocean-going vessel, truck, rail, or container freight moves towards its destination in accordance with the transfer of control guidance of Topic 606. For physically settled derivative sales contracts that are outside the scope of Topic 606, the Company recognizes revenue when control of the inventory is transferred within the meaning of Topic 606 as required by Topic 610-20. Oilseeds The Oilseeds segment generates revenue primarily from the sale of products manufactured in its global processing facilities. The segment also generates revenue from the sale of raw commodities in its South American grain origination business and from the sale of peanuts, tree nuts, and peanut-derived ingredients. Revenue is recognized when a performance obligation is satisfied by transferring control over a product. The amount of revenue recognized follows the contractually specified price which may include freight or other contractually specified cost components. For physically settled derivative sales contracts that are outside the scope of Topic 606, the Company recognizes revenue when control of the inventory is transferred within the meaning of Topic 606 as required by Topic 610-20. Carbohydrate Solutions The Carbohydrate Solutions segment generates revenue from the sale of products manufactured at the Company’s global corn and milling facilities around the world. Revenue is recognized when control over products is transferred to the customer. Products are shipped to customers from the Company’s various facilities and from its network of storage terminals. The amount of revenue recognized is based on the consideration specified in the contract which could include freight and other costs depending on the specific shipping terms of each contract. For physically settled derivative sales contracts that are outside the scope of Topic 606, the Company recognizes revenue when control of the inventory is transferred within the meaning of Topic 606 as required by Topic 610-20. Nutrition The Nutrition segment sells specialty products including natural flavor ingredients, flavor systems, natural colors, animal nutrition products, and other specialty food and feed ingredients. Revenue is recognized when control over products is transferred to the customer. The amount of revenue recognized follows the contracted price or the mutually agreed price of the product. Freight and shipping are recognized as a component of revenue at the same time control transfers to the customer. Other

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2019
Business Combinations [Abstract]
Acquisitions	Acquisitions The Company acquired Neovia SAS (Neovia) and Florida Chemical Company (FCC) in January 2019 and March 2019, respectively. Both acquisitions are in line with the Company’s strategy to become one of the world’s leading nutrition companies. The post-acquisition financial results of Neovia and FCC, which were not material, are reported in the Nutrition segment. During the three months ended March 31, 2019 , the Company acquired Neovia, FCC, and the remaining 50% interest in Gleadell Agriculture Ltd (Gleadell), for an aggregate consideration of $1,953 million in cash. The aggregate consideration of these acquisitions, net of $91 million in cash acquired, plus the acquisition-date value of the Company’s previously held equity interest in Gleadell of $14 million , were preliminarily allocated as follows: In millions Neovia FCC Gleadell Total Working capital $ 102 $ 40 $ (6 ) $ 136 Property, plant, and equipment 409 17 13 439 Goodwill 784 90 10 884 Other intangible assets 583 23 — 606 Other long-term assets 87 — — 87 Long-term liabilities (274 ) — (2 ) (276 ) Aggregate cash consideration, net of cash acquired, plus acquisition-date fair value of previously held equity interest $ 1,691 $ 170 $ 15 $ 1,876 Goodwill allocated in connection with the acquisitions is primarily attributable to synergies expected to arise after the Company’s acquisition of the businesses. Of the $884 million preliminarily allocated to goodwill, $90 million is expected to be deductible for tax purposes. The Company recognized pre-tax gains of $3 million on the Gleadell transaction, representing the difference between the carrying value and acquisition-date fair value of the Company’s previously held equity interest. The acquisition-date fair value was determined based on a discounted cash flow analysis using market participant assumptions (a Level 3 measurement under applicable accounting standards). The following table sets forth the preliminary fair values and the useful lives of the other intangible assets acquired. Useful Life Neovia FCC Total (In years) (In millions) Trademarks/brands 5 to 13 $ 166 $ 7 $ 173 Customer lists 10 to 20 289 12 301 Developed technology 6 to 11 128 4 132 Total other intangible assets acquired $ 583 $ 23 $ 606

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2019
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, 2019 and December 31, 2018 . Fair Value Measurements at March 31, 2019 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 $ — $ 3,000 $ 1,511 $ 4,511 Unrealized derivative gains: Commodity contracts — 257 212 469 Foreign currency contracts — 191 — 191 Cash equivalents 432 — — 432 Marketable securities 30 1 — 31 Segregated investments 1,073 — — 1,073 Deferred receivables consideration — 430 — 430 Total Assets $ 1,535 $ 3,879 $ 1,723 $ 7,137 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 291 $ 143 $ 434 Foreign currency contracts — 155 — 155 Interest rate contracts — 32 — 32 Inventory-related payables — 1,123 16 1,139 Total Liabilities $ — $ 1,601 $ 159 $ 1,760 Fair Value Measurements at December 31, 2018 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 $ — $ 3,032 $ 1,515 $ 4,547 Unrealized derivative gains: Commodity contracts — 306 155 461 Foreign currency contracts — 175 — 175 Cash equivalents 1,288 — — 1,288 Marketable securities 12 1 — 13 Segregated investments 1,044 — — 1,044 Deferred receivables consideration — 379 — 379 Total Assets $ 2,344 $ 3,893 $ 1,670 $ 7,907 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 344 $ 245 $ 589 Foreign currency contracts — 152 — 152 Interest rate contracts — 20 — 20 Inventory-related payables — 579 18 597 Total Liabilities $ — $ 1,095 $ 263 $ 1,358 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 (more than 10%) 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 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 U.S. Treasury securities and corporate debt securities. U.S. Treasury securities are valued using quoted market prices and are classified in Level 1. Corporate 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 debt 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 17 for more information). This amount is reflected in other current assets on the consolidated balance sheet (see Note 8 for more information). 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 rollforward of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended March 31, 2019 . Level 3 Fair Value Asset Measurements at March 31, 2019 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2018 $ 1,515 $ 155 $ 1,670 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (27 ) 144 117 Purchases 2,689 — 2,689 Sales (2,824 ) — (2,824 ) Settlements — (103 ) (103 ) Transfers into Level 3 297 23 320 Transfers out of Level 3 (139 ) (7 ) (146 ) Ending balance, March 31, 2019 $ 1,511 $ 212 $ 1,723 * Includes increase in unrealized gains of $210 million relating to Level 3 assets still held at March 31, 2019 . The following table presents a rollforward of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended March 31, 2019 . Level 3 Fair Value Liability Measurements at March 31, 2019 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2018 $ 18 $ 245 $ 263 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* — 18 18 Purchases 4 — 4 Sales (6 ) — (6 ) Settlements — (99 ) (99 ) Transfers into Level 3 — 7 7 Transfers out of Level 3 — (28 ) (28 ) Ending balance, March 31, 2019 $ 16 $ 143 $ 159 * Includes increase in unrealized losses of $20 million relating to Level 3 liabilities still held at March 31, 2019 . The following table presents a rollforward of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended March 31, 2018 . Level 3 Fair Value Asset Measurements at March 31, 2018 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2017 $ 1,486 $ 111 $ 1,597 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* 173 47 220 Purchases 2,239 — 2,239 Sales (2,150 ) — (2,150 ) Settlements — (66 ) (66 ) Transfers into Level 3 187 28 215 Transfers out of Level 3 (106 ) (4 ) (110 ) Ending balance, March 31, 2018 $ 1,829 $ 116 $ 1,945 * Includes increase in unrealized gains of $174 million relating to Level 3 assets still held at March 31, 2018 . The following table presents a rollforward of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended March 31, 2018 . Level 3 Fair Value Liability Measurements at March 31, 2018 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2017 $ 39 $ 103 $ 142 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 17 198 215 Purchases 21 — 21 Sales (2 ) — (2 ) Settlements — (57 ) (57 ) Transfers into Level 3 — 65 65 Transfers out of Level 3 — (18 ) (18 ) Ending balance, March 31, 2018 $ 75 $ 291 $ 366 * Includes increase in unrealized losses of $198 million relating to Level 3 liabilities still held at March 31, 2018 . 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, 2019 and December 31, 2018 . 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, 2019 is a weighted average 200.1% of the total price for assets and 13.0% of the total price for liabilities. Weighted Average % of Total Price March 31, 2019 December 31, 2018 Component Type Assets Liabilities Assets Liabilities Inventories and Related Payables Basis 200.1 % 13.0 % 18.5 % 125.0 % Transportation cost 24.8 % 55.0 % 25.9 % 39.4 % Commodity Derivative Contracts Basis 26.3 % 20.6 % 21.6 % 19.1 % Transportation cost 30.9 % 35.2 % 29.5 % 35.1 %

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Mar. 31, 2019
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, 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, 2019 and December 31, 2018 . March 31, 2019 December 31, 2018 Assets Liabilities Assets Liabilities (In millions) Foreign Currency Contracts $ 191 $ 155 $ 175 $ 152 Commodity Contracts 469 434 461 589 Total $ 660 $ 589 $ 636 $ 741 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, 2019 and 2018 . Other expense (income) - net Cost of products sold (In millions) Revenues Three Months Ended March 31, 2019 Consolidated Statement of Earnings $ 15,304 $ 14,376 $ (8 ) Pre-tax gains (losses) on: Foreign Currency Contracts $ 8 $ — $ (30 ) Commodity Contracts — 120 — Total gain (loss) recognized in earnings $ 8 $ 120 $ (30 ) $ 98 Three Months Ended March 31, 2018 Consolidated Statement of Earnings $ 15,526 $ 14,637 $ (15 ) Pre-tax gains (losses) on: Foreign Currency Contracts $ (3 ) $ (15 ) $ 64 Commodity Contracts — (313 ) — Total gain (loss) recognized in earnings $ (3 ) $ (328 ) $ 64 $ (267 ) 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 as a component of cost of products sold. Derivatives Designated as Cash Flow or Fair Value Hedging Strategies As of March 31, 2019 and December 31, 2018 , the Company had certain derivatives designated as cash flow and fair value hedges. For derivative instruments that are designated and qualify as highly-effective cash flow hedges, the gain or loss on the derivative instrument is reported as a component of accumulated other comprehensive income (loss) (AOCI) and as an operating activity in the statement of cash flows and reclassified into earnings in the same line item affected by the hedged transaction and in the same period or periods during which the hedged transaction affects earnings. Hedge components excluded from the assessment of effectiveness and gains and losses related to discontinued hedges are recognized in the consolidated statement of earnings during the current period. The Company uses interest rate swaps designated as fair value hedges to protect the fair value of $496 million in 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. At March 31, 2019 , the Company had $1 million in other current liabilities representing the fair value of the interest rate swaps and a corresponding decrease in the underlying debt for the same amount with no net impact to earnings. The Company uses interest rate swaps designated as cash flow hedges to hedge the forecasted interest payments on certain letters of credit from banks. The terms of the interest rate swaps match the terms of the forecasted interest payments. The deferred gains and losses are recognized in other (income) expense - net over the period in which the related interest payments are paid to the banks. At March 31, 2019, the Company had $31 million of after-tax losses in AOCI related to these interest rate swaps. The Company expects to recognize this amount in its consolidated statement of earnings during the next 12 months . 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, 2019 , the Company had $10 million of after-tax losses in AOCI related to gains and losses from commodity cash flow hedge transactions. The Company expects to recognize $10 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 hedge 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 72 million bushels of corn per month. During the past 12 months, the Company hedged between 19% and 95% of its monthly anticipated grind. At March 31, 2019 , the Company had 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 hedge 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 2 million and 121 million gallons of ethanol sales per month under these programs. At March 31, 2019 , the Company had designated hedges representing between 1 million and 42 million gallons of ethanol sales per month over the next 3 months . The Company uses futures and options contracts to hedge the purchase price of anticipated volumes of soybeans to be purchased and processed in a future month for certain of its U.S. soybean crush facilities. The Company also uses futures or options contracts to hedge the sales prices of anticipated soybean meal and soybean oil sales proportionate to the soybean crushing process at these facilities. During the past 12 months, the Company hedged between 99% and 100% of the anticipated monthly soybean crush for soybean purchases and soybean meal and oil sales at the designated facilities. The Company has designated hedges representing between 0% and 100% of the anticipated monthly soybean crush for soybean purchases and soybean meal and oil sales at the designated facilities over the next 12 months . The following table sets forth the fair value of derivatives designated as hedging instruments as of March 31, 2019 and December 31, 2018 . March 31, 2019 December 31, 2018 Assets Liabilities Assets Liabilities (In millions) Interest Rate Contracts $ — $ 32 $ — $ 20 Total $ — $ 32 $ — $ 20 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, 2019 and 2018 . Cost of products sold Interest expense Other expense (income) - net (In millions) Revenues Three Months Ended March 31, 2019 Consolidated Statement of Earnings $ 15,304 $ 14,376 $ 101 $ (8 ) Effective amounts recognized in earnings Pre-tax gains (losses) on: Commodity Contracts $ (13 ) $ 5 $ — $ — Total gain (loss) recognized in earnings $ (13 ) $ 5 $ — $ — $ (8 ) Three Months Ended March 31, 2018 Consolidated Statement of Earnings $ 15,526 $ 14,637 $ 91 $ (15 ) Effective amounts recognized in earnings Pre-tax gains (losses) on: Commodity Contracts $ 2 $ 6 $ — $ — Total gain (loss) recognized in earnings $ 2 $ 6 $ — $ — $ 8 Net Investment Hedging Strategies The Company issued €500 million aggregate principal amount of Floating Rate Notes and €600 million aggregate principal amount of 1.75% Notes on June 24, 2015 and €650 million aggregate principal amount of 1.0% Notes on September 12, 2018 (collectively, the “Notes”). The Company has designated €1.75 billion of the Notes as a hedge of its net investment in a foreign subsidiary. As of March 31, 2019 and December 31, 2018, the Company had after-tax gains of $3 million and after-tax losses of $26 million

Other Current Assets

Other Current Assets	3 Months Ended
	Mar. 31, 2019
Other Assets [Abstract]
Other Current Assets	Other Current Assets The following table sets forth the items in other current assets: March 31, December 31, 2019 2018 (In millions) Unrealized gains on derivative contracts $ 660 $ 636 Deferred receivables consideration 430 379 Customer omnibus receivable 686 450 Financing receivables - net (1) 430 424 Insurance premiums receivable 27 35 Prepaid expenses 263 184 Tax receivables 527 379 Non-trade receivables (2) 430 323 Other current assets 172 223 $ 3,625 $ 3,033 (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 $3 million at March 31, 2019 and December 31, 2018 . Interest earned on financing receivables of $8 million and $7 million for the three months ended March 31, 2019 and 2018, respectively, is included in interest income in the consolidated statements of earnings. (2) Non-trade receivables included $82 million and $84 million of reinsurance recoverables as of March 31, 2019 and December 31, 2018

Accrued Expenses And Other Paya

Accrued Expenses And Other Payables	3 Months Ended
	Mar. 31, 2019
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, 2019 2018 (In millions) Unrealized losses on derivative contracts $ 621 $ 761 Accrued compensation 283 337 Income tax payable 64 — Other taxes payable 112 98 Reinsurance premiums payable 9 15 Insurance claims payable 297 277 Contract liability 477 501 Other accruals and payables 1,135 924 $ 2,998 $ 2,913

Debt And Financing Arrangements

Debt And Financing Arrangements	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Debt And Financing Arrangements	Debt and Financing Arrangements At March 31, 2019 , the fair value of the Company’s long-term debt exceeded the carrying value by $1.1 billion , as estimated using quoted market prices (a Level 2 measurement under applicable accounting standards). At March 31, 2019 , the Company had lines of credit, including the accounts receivable securitization programs described below, totaling $9.0 billion , of which $6.2 billion was unused. Of the Company’s total lines of credit, $5.0 billion supported the combined U.S. and European commercial paper borrowing programs, against which there was $1.3 billion of U.S. commercial paper outstanding at March 31, 2019 . There was no commercial paper outstanding under the European program at March 31, 2019 . The Company has accounts receivable securitization programs (the “Programs”). The Programs, as amended, provide the Company with up to $1.8 billion in funding resulting from the sale of accounts receivable, of which $0.4 billion was unused as of March 31, 2019

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective tax rate for the three months ended March 31, 2019 was 25.7% compared to 14.7% for the three months ended March 31, 2018 . The higher rate for the current year quarter was primarily due to the absence of the 2017 biodiesel tax credit recorded in the first quarter of 2018 and an unfavorable change in discrete tax items primarily related to U.S. tax reform transition tax adjustments. The Company is subject to income taxation and routine examinations in many jurisdictions around the world 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. In its routine evaluations of the exposure associated with various tax filing positions, the Company recognizes a liability, when necessary, for estimated potential tax owed by the Company in accordance with applicable accounting standards. Resolution of the related tax positions, through negotiations 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 and the Company cannot predict or provide assurance as to the ultimate outcome of these ongoing or future examinations. However, the Company does not anticipate that the total amount of unrecognized tax benefits will increase or decrease significantly in the next twelve months. Given the long periods of time involved in resolving tax positions, the Company does not expect that the recognition of unrecognized tax benefits will have a material impact on the Company’s effective income tax rate in any given period. The Company’s wholly-owned subsidiary, ADM do Brasil Ltda. (ADM do Brasil), 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. These assessments totaled approximately $108 million in tax and $309 million in interest and penalties as of March 31, 2019 (adjusted for variation in currency exchange rates). 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 with respect to this issue. ADM do Brasil enters into commodity hedging transactions that can result in gains, which are included in ADM do Brasil’s calculation 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. In 2012, the Company’s subsidiary in Argentina, ADM Agro SRL (formerly ADM Argentina SA and Alfred C. Toepfer Argentina SRL), received tax assessments challenging transfer prices used to price grain exports for the tax years 2004 through 2010. As of March 31, 2019 , these assessments totaled $15 million in tax and $55 million in interest and penalties (adjusted for variation in currency exchange rates). The Argentine tax authorities conducted 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. The Company strongly believes that it has complied with all Argentine tax laws. To date, the Company has not received assessments for years subsequent to 2010. However, it cannot rule out receiving additional assessments challenging transfer prices used to price grain exports for these years, and estimates that these potential assessments could be approximately $52 million in tax and $58 million in interest (adjusted for variation in currency exchange rates as of March 31, 2019 ). 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. In 2014, the Company’s wholly-owned subsidiary in the Netherlands, ADM Europe B.V., received a tax assessment 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. As of March 31, 2019 , this assessment was $91 million in tax and $31 million

Leases Leases (Notes)

Leases Leases (Notes)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Leases of Lessee Disclosure [Text Block]	Leases Lessee Accounting The Company leases certain transportation equipment, plant equipment, office equipment, land, buildings, and storage facilities. Most leases include options to renew, with renewal terms that can extend the lease term from 1 month to 49 years. Certain leases also include index and non-index escalation clauses and options to purchase the leased property. Leases accounted for as finance leases were immaterial at March 31, 2019. As an accounting policy election, the Company does not apply the recognition requirements of Topic 842 to short-term leases in all of its underlying asset categories. The Company recognizes short-term lease payments in earnings on a straight-line basis over the lease term, and variable lease payments in the period in which the obligation for those payments is incurred. The following table sets forth the amounts relating to the Company’s total lease cost and other information. Three Months Ended (Amounts in millions) Lease cost: Operating lease cost $ 73 Short-term lease cost 23 Total lease cost $ 96 Other information: Operating lease liability principal payments $ 40 Right-of-use assets obtained in exchange for new operating lease liabilities $ 61 Weighted-average remaining lease term - operating leases (in years) 7 Weighted average discount rate - operating leases 4.6 % Below is a tabular disclosure of the future annual undiscounted cash flows for operating lease liabilities. Remainder of 2019 $ 173 2020 181 2021 150 2022 121 2023 86 2024 48 Thereafter 224 Total 983 Less interest (1) 166 Lease liability $ 817 (1) Calculated using the implicit rate of the lease, if available, or the incremental borrowing rate that is appropriate for the tenor and geography of the lease. As of March 31, 2019 , the Company had $797 million of right-of-use assets included in Other assets, $195 million of current lease liabilities included in Accrued expenses and other payables, and $622 million of non-current lease liabilities included in Other long-term liabilities in its consolidated balance sheet.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (AOCI)	3 Months Ended
	Mar. 31, 2019
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, 2019 and the reclassifications out of AOCI for the three months ended March 31, 2019 and 2018 : Three months ended March 31, 2019 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, 2018 $ (1,962 ) $ 61 $ (220 ) $ 15 $ (2,106 ) Other comprehensive income (loss) before reclassifications (78 ) (85 ) 10 (2 ) (155 ) Amounts reclassified from AOCI (1 ) 8 (3 ) — 4 Tax effect (10 ) 12 13 — 15 Net of tax amount (89 ) (65 ) 20 (2 ) (136 ) Balance at March 31, 2019 $ (2,051 ) $ (4 ) $ (200 ) $ 13 $ (2,242 ) Amount reclassified from AOCI Three months ended March 31, Affected line item in the Details about AOCI components 2019 2018 consolidated statement of earnings (In millions) Deferred loss (gain) on hedging activities $ (5 ) $ (6 ) Cost of products sold 13 (2 ) Revenues 8 (8 ) Total before tax (2 ) 2 Tax $ 6 $ (6 ) Net of tax Pension liability adjustment Amortization of defined benefit pension items: Prior service credit $ (4 ) $ (8 ) Other (income) expense - net Actuarial losses 1 16 Other (income) expense - net (3 ) 8 Total before tax 14 (4 ) Tax $ 11 $ 4 Net of tax

Other (Income) Expense - Net

Other (Income) Expense - Net	3 Months Ended
	Mar. 31, 2019
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, 2019 2018 (In millions) Gains on sales of assets $ (15 ) $ (6 ) Other – net 7 (9 ) Other (Income) Expense - Net $ (8 ) $ (15 ) Gains on sales of assets in the three months ended March 31, 2019 included gains on the sale of certain assets and step-up gains on equity investments. Gains on sales of assets in the three months ended March 31, 2018 included gains on disposals of individually insignificant assets in the ordinary course of business. Other - net in the three months ended March 31, 2019 included foreign exchange losses, partially offset by other income. Other - net in the three months ended March 31, 2018 included other income, partially offset by foreign exchange losses. Other-net also included the non-service components of net pension benefit income of $2 million in the three months ended March 31, 2019 compared to $3 million in the three months ended March 31, 2018

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Segment Information	Segment Information The Company is principally engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities, products, and ingredients. The Company’s operations are organized, managed, and classified into four reportable business segments: Origination, Oilseeds, Carbohydrate Solutions, and Nutrition. 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 Origination 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 Origination segment includes international agricultural commodities merchandising and handling activities managed through a global trade desk based in Rolle, Switzerland. The Origination segment’s grain sourcing, handling, and transportation network provides reliable and efficient services to the Company’s customers and agricultural processing operations. The Origination segment’s transportation network capabilities include barge, ocean-going vessel, truck, rail, and container freight services. The Origination segment also includes the activities related to structured trade finance, the import and distribution of agricultural feed products, and the Company’s share of the results of its Pacificor joint venture. In February 2019, the Company purchased the remaining 50% interest owned by Invivo in the Gleadell Agriculture Ltd. joint venture. The Oilseeds 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 and glycols 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 South America, the Oilseeds 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 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 other industrial markets. The Oilseeds 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 Sarl (Olenex) joint ventures. The Company’s Carbohydrate Solutions segment is engaged in corn and wheat wet and dry milling and other activities. The Carbohydrate Solutions segment converts corn and wheat into sweeteners, corn and wheat starches, wheat flour, and bioproducts. Its products include ingredients used in the food and beverage industry including sweeteners, starch, syrup, glucose, flour, and dextrose. Dextrose and starch are used by the Carbohydrate Solutions segment as feedstocks for its bioproducts operations. By fermentation of dextrose, the Carbohydrate Solutions segment produces alcohol 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. 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. Other Carbohydrate Solutions products include citric acids which are used in various food and industrial products. This segment also includes the Company’s share of the results of its equity investments in Hungrana Ltd., Almidones Mexicanos S.A., and Red Star Yeast Company, LLC. The Nutrition segment engages in the manufacturing, sale, 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 Nutrition segment includes activities related to the procurement, processing, and distribution of edible beans. The Nutrition segment also includes activities related to the processing and distribution of formula feeds and animal health and nutrition products and the manufacture of contract and private label pet treats and foods. In January 2019, the Company completed the acquisition of Neovia, a French-based global provider of value-added animal nutrition solutions, with 72 production facilities and a presence in 25 countries. In March 2019, the Company completed the acquisition of Florida Chemical Company, one of the world’s largest producers of citrus oils and ingredients. 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 operating profit for each segment is equity in earnings of affiliates based on the equity method of accounting. Specified items included in total segment operating profit and certain corporate items are not allocated to the Company’s individual business segments because operating performance of each business segment is evaluated by management exclusive of these items. 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) 2019 2018 Gross revenues Origination $ 6,975 $ 7,179 Oilseeds 6,409 6,835 Carbohydrate Solutions 2,576 2,812 Nutrition 1,300 958 Other 81 106 Intersegment elimination (2,037 ) (2,364 ) Total gross revenues $ 15,304 $ 15,526 Intersegment sales Origination $ 851 $ 912 Oilseeds 995 1,233 Carbohydrate Solutions 173 211 Nutrition 18 8 Total intersegment sales $ 2,037 $ 2,364 Revenues from external customers Origination Merchandising and Handling $ 6,058 $ 6,212 Transportation 66 55 Total Origination 6,124 6,267 Oilseeds Crushing and Origination 3,256 3,285 Refining, Packaging, Biodiesel, and Other 2,158 2,317 Total Oilseeds 5,414 5,602 Carbohydrate Solutions Starches and Sweeteners 1,622 1,638 Bioproducts 781 963 Total Carbohydrate Solutions 2,403 2,601 Nutrition Wild Flavors and Specialty Ingredients 674 636 Animal Nutrition 608 314 Total Nutrition 1,282 950 Other 81 106 Total revenues from external customers $ 15,304 $ 15,526 Three Months Ended March 31, (In millions) 2019 2018 Segment operating profit Origination $ 76 $ 46 Oilseeds 341 349 Carbohydrate Solutions 96 213 Nutrition 81 96 Other 14 13 Specified Items: Gains (losses) on sales of assets and businesses (1) 12 — Impairment, restructuring, and settlement charges (2) (9 ) (13 ) Total segment operating profit 611 704 Corporate (296 ) (240 ) Earnings before income taxes $ 315 $ 464 (1) Current quarter gains consisted of a gain on the sale of certain assets and a step-up gain on an equity investment. (2)

Asset Impairment, Exit, and Res

Asset Impairment, Exit, and Restructuring Costs	3 Months Ended
	Mar. 31, 2019
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 three months ended March 31, 2019 consisted of $9 million of impairments related to certain long-lived assets presented as specified items within segment operating profit and $2 million of individually insignificant restructuring charges in Corporate. Asset impairment, exit, and restructuring costs in the three months ended March 31, 2018 consisted of $12 million of an equity investment impairment and $1 million of individually insignificant restructuring charges presented as specified items within segment operating profit, and $3 million

Sale of Accounts Receivable

Sale of Accounts Receivable	3 Months Ended
	Mar. 31, 2019
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 “First 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 First Purchasers pursuant to a receivables purchase agreement. In exchange for the transfer of the accounts receivable, ADM Receivables receives a cash payment of up to $1.2 billion and an additional amount upon the collection of the accounts receivable (deferred consideration). The Program terminates on June 20, 2019, 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 $0.6 billion ( €0.5 billion ) and an additional amount upon the collection of the accounts receivable (deferred consideration). The Second Program terminates on March 13, 2020, 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 First Purchasers and Second Purchasers (collectively, the “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, 2019 and December 31, 2018 , 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, 2019 and December 31, 2018 , the fair value of trade receivables transferred to the Purchasers under the Programs and derecognized from the Company’s consolidated balance sheet was $1.8 billion and $1.9 billion , respectively. In exchange for the transfers as of March 31, 2019 and December 31, 2018 , the Company received cash of $1.4 billion and $1.5 billion , respectively, and recorded a receivable for deferred consideration included in other current assets of $430 million and $379 million , respectively. Cash collections from customers on receivables sold were $8.4 billion and $8.9 billion for the three months ended March 31, 2019 and 2018 , respectively. Of this amount, $3.1 billion and $3.7 billion were cash collections on the deferred consideration reflected as cash inflows from investing activities for the three months ended March 31, 2019 and 2018 , 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 Programs. The Company’s risk of loss following the transfer of accounts receivable under the Programs is limited to the deferred consideration outstanding. The Company carries the deferred consideration at fair value determined by calculating the expected amount of cash to be received and is principally based on observable inputs (a Level 2 measurement under the applicable accounting standards) consisting mainly of the face amount of the receivables adjusted for anticipated credit losses and discounted at the appropriate market rate. Payment of deferred consideration is not subject to significant risks other than delinquencies and credit losses on accounts receivable transferred under the Programs which have historically been insignificant. Transfers of receivables under the Programs resulted in an expense for the loss on sale of $8 million and $4 million for the three months ended March 31, 2019 and 2018 , respectively, which is classified as selling, general, and administrative expenses in the consolidated statements of earnings.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2019
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Subsequent Event The Company recently announced a series of actions to enhance agility, accelerate growth, and strengthen customer service. These actions encompass organizational changes to centralize and standardize business activities and processes, and enhance productivity and effectiveness; accelerating the capture of planned synergies from recent acquisitions; and offering enhanced early retirement for some colleagues in the U.S. and Canada. Related to the enhanced early retirement offer, the Company expects to recognize an estimated pension remeasurement charge of $55 million to $75 million in the second quarter of 2019. Colleagues electing to retire early may also choose to receive their benefit in the form of a lump sum payment. Dependent upon the final number of colleagues that elect to retire early and also receive their benefit in the form of a lump sum payment, it is possible that a pension settlement charge of up to $50 million

Revenues Revenues (Policies)

Revenues Revenues (Policies)	3 Months Ended
	Mar. 31, 2019
Revenues [Abstract]
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition The Company principally generates revenue from merchandising and transporting agricultural commodities and manufactured products used as ingredients in food, feed, energy, and industrial products. Revenue is measured based on the consideration specified in the contract with a customer, and excludes any sales incentives and amounts collected on behalf of third parties. The Company follows a policy of recognizing revenue at a single point in time when it satisfies its performance obligation by transferring control over a product or service to a customer. The majority of the Company’s contracts with customers have one performance obligation and a contract duration of one year or less. The Company applies the practical expedient in paragraph 10-50-14 of ASC 606, Revenue from Contracts with Customers (Topic 606) and does not disclose information about remaining performance obligations that have original expected durations of one year or less. For transportation service contracts, the Company recognizes revenue over time as the barge, ocean-going vessel, truck, rail, or container freight moves towards its destination in accordance with the transfer of control guidance of Topic 606. For physically settled derivative sales contracts that are outside the scope of Topic 606, the Company recognizes revenue when control of the inventory is transferred within the meaning of Topic 606 as required by ASC 610-20, Gains and Losses from the Derecognition of Nonfinancial Assets (Topic 610-20). Shipping and Handling Costs Shipping and handling costs related to contracts with customers for sale of goods are accounted for as a fulfillment activity and are included in cost of products sold. Accordingly, amounts billed to customers for such costs are included as a component of revenues. Taxes Collected from Customers and Remitted to Governmental Authorities

Leases Leases (Policies)

Leases Leases (Policies)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Lessee, Leases [Policy Text Block]	As an accounting policy election, the Company does not apply the recognition requirements of Topic 842 to short-term leases in all of its underlying asset categories. The Company recognizes short-term lease payments in earnings on a straight-line basis over the lease term, and variable lease payments in the period in which the obligation for those payments is incurred.

Revenues Revenues (Tables)

Revenues Revenues (Tables)	3 Months Ended
	Mar. 31, 2019
Revenues [Abstract]
Disaggregation of Revenue [Table Text Block]	Disaggregation of Revenues The following tables present revenue disaggregated by timing of recognition and major product lines for the three months ended March 31, 2019 and 2018 . Three Months Ended March 31, 2019 Topic 606 Revenue Topic 815 (1) Total Point in Time Over Time Total Revenue Revenues (In millions) Origination Merchandising and Handling $ 592 $ 49 $ 641 $ 5,417 $ 6,058 Transportation — 66 66 — 66 Total Origination 592 115 707 5,417 6,124 Oilseeds Crushing and Origination 171 — 171 3,085 3,256 Refining, Packaging, Biodiesel, and Other 512 — 512 1,646 2,158 Total Oilseeds 683 — 683 4,731 5,414 Carbohydrate Solutions Starches and Sweeteners 1,199 — 1,199 423 1,622 Bioproducts 781 — 781 — 781 Total Carbohydrate Solutions 1,980 — 1,980 423 2,403 Nutrition Wild Flavors and Specialty Ingredients 674 — 674 — 674 Animal Nutrition 608 — 608 — 608 Total Nutrition 1,282 — 1,282 — 1,282 Other 81 — 81 — 81 Total Revenues $ 4,618 $ 115 $ 4,733 $ 10,571 $ 15,304 Three Months Ended March 31, 2018 Topic 606 Revenue Topic 815 (1) Total Point in Time Over Time Total Revenue Revenues (In millions) Origination Merchandising and Handling $ 671 $ 62 $ 733 $ 5,479 $ 6,212 Transportation — 55 55 — 55 Total Origination 671 117 788 5,479 6,267 Oilseeds Crushing and Origination 186 — 186 3,099 3,285 Refining, Packaging, Biodiesel, and Other 527 — 527 1,790 2,317 Total Oilseeds 713 — 713 4,889 5,602 Carbohydrate Solutions Starches and Sweeteners 1,157 — 1,157 481 1,638 Bioproducts 963 — 963 — 963 Total Carbohydrate Solutions 2,120 — 2,120 481 2,601 Nutrition Wild Flavors and Specialty Ingredients 636 — 636 — 636 Animal Nutrition 314 — 314 — 314 Total Nutrition 950 — 950 — 950 Other 106 — 106 — 106 Total Revenues $ 4,560 $ 117 $ 4,677 $ 10,849 $ 15,526 (1) Topic 815 revenue relates to the physical delivery or the settlement of the Company’s sales contracts that are accounted for as derivatives and are outside the scope of Topic 606.

Acquisitions Business Acquisiti

Acquisitions Business Acquisition (Tables)	3 Months Ended
	Mar. 31, 2019
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	During the three months ended March 31, 2019 , the Company acquired Neovia, FCC, and the remaining 50% interest in Gleadell Agriculture Ltd (Gleadell), for an aggregate consideration of $1,953 million in cash. The aggregate consideration of these acquisitions, net of $91 million in cash acquired, plus the acquisition-date value of the Company’s previously held equity interest in Gleadell of $14 million , were preliminarily allocated as follows: In millions Neovia FCC Gleadell Total Working capital $ 102 $ 40 $ (6 ) $ 136 Property, plant, and equipment 409 17 13 439 Goodwill 784 90 10 884 Other intangible assets 583 23 — 606 Other long-term assets 87 — — 87 Long-term liabilities (274 ) — (2 ) (276 ) Aggregate cash consideration, net of cash acquired, plus acquisition-date fair value of previously held equity interest $ 1,691 $ 170 $ 15 $ 1,876
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]	The following table sets forth the preliminary fair values and the useful lives of the other intangible assets acquired. Useful Life Neovia FCC Total (In years) (In millions) Trademarks/brands 5 to 13 $ 166 $ 7 $ 173 Customer lists 10 to 20 289 12 301 Developed technology 6 to 11 128 4 132 Total other intangible assets acquired $ 583 $ 23 $ 606

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value, Assets and Liabilities Measured on Recurring Basis [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, 2019 and December 31, 2018 . Fair Value Measurements at March 31, 2019 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 $ — $ 3,000 $ 1,511 $ 4,511 Unrealized derivative gains: Commodity contracts — 257 212 469 Foreign currency contracts — 191 — 191 Cash equivalents 432 — — 432 Marketable securities 30 1 — 31 Segregated investments 1,073 — — 1,073 Deferred receivables consideration — 430 — 430 Total Assets $ 1,535 $ 3,879 $ 1,723 $ 7,137 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 291 $ 143 $ 434 Foreign currency contracts — 155 — 155 Interest rate contracts — 32 — 32 Inventory-related payables — 1,123 16 1,139 Total Liabilities $ — $ 1,601 $ 159 $ 1,760 Fair Value Measurements at December 31, 2018 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 $ — $ 3,032 $ 1,515 $ 4,547 Unrealized derivative gains: Commodity contracts — 306 155 461 Foreign currency contracts — 175 — 175 Cash equivalents 1,288 — — 1,288 Marketable securities 12 1 — 13 Segregated investments 1,044 — — 1,044 Deferred receivables consideration — 379 — 379 Total Assets $ 2,344 $ 3,893 $ 1,670 $ 7,907 Liabilities: Unrealized derivative losses: Commodity contracts $ — $ 344 $ 245 $ 589 Foreign currency contracts — 152 — 152 Interest rate contracts — 20 — 20 Inventory-related payables — 579 18 597 Total Liabilities $ — $ 1,095 $ 263 $ 1,358
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table presents a rollforward of assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended March 31, 2019 . Level 3 Fair Value Asset Measurements at March 31, 2019 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2018 $ 1,515 $ 155 $ 1,670 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* (27 ) 144 117 Purchases 2,689 — 2,689 Sales (2,824 ) — (2,824 ) Settlements — (103 ) (103 ) Transfers into Level 3 297 23 320 Transfers out of Level 3 (139 ) (7 ) (146 ) Ending balance, March 31, 2019 $ 1,511 $ 212 $ 1,723 * Includes increase in unrealized gains of $210 million relating to Level 3 assets still held at March 31, 2019 March 31, 2018 . Level 3 Fair Value Asset Measurements at March 31, 2018 Inventories Carried at Market Commodity Derivative Contracts Gains Total Assets (In millions) Balance, December 31, 2017 $ 1,486 $ 111 $ 1,597 Total increase (decrease) in net realized/unrealized gains included in cost of products sold* 173 47 220 Purchases 2,239 — 2,239 Sales (2,150 ) — (2,150 ) Settlements — (66 ) (66 ) Transfers into Level 3 187 28 215 Transfers out of Level 3 (106 ) (4 ) (110 ) Ending balance, March 31, 2018 $ 1,829 $ 116 $ 1,945 * Includes increase in unrealized gains of $174 million relating to Level 3 assets still held at March 31, 2018
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table presents a rollforward of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the three months ended March 31, 2018 . Level 3 Fair Value Liability Measurements at March 31, 2018 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2017 $ 39 $ 103 $ 142 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* 17 198 215 Purchases 21 — 21 Sales (2 ) — (2 ) Settlements — (57 ) (57 ) Transfers into Level 3 — 65 65 Transfers out of Level 3 — (18 ) (18 ) Ending balance, March 31, 2018 $ 75 $ 291 $ 366 * Includes increase in unrealized losses of $198 million relating to Level 3 liabilities still held at March 31, 2018 March 31, 2019 . Level 3 Fair Value Liability Measurements at March 31, 2019 Inventory- related Payables Commodity Derivative Contracts Losses Total Liabilities (In millions) Balance, December 31, 2018 $ 18 $ 245 $ 263 Total increase (decrease) in net realized/unrealized losses included in cost of products sold* — 18 18 Purchases 4 — 4 Sales (6 ) — (6 ) Settlements — (99 ) (99 ) Transfers into Level 3 — 7 7 Transfers out of Level 3 — (28 ) (28 ) Ending balance, March 31, 2019 $ 16 $ 143 $ 159 * Includes increase in unrealized losses of $20 million relating to Level 3 liabilities still held at March 31, 2019
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, 2019 and December 31, 2018 . 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, 2019 is a weighted average 200.1% of the total price for assets and 13.0% of the total price for liabilities. Weighted Average % of Total Price March 31, 2019 December 31, 2018 Component Type Assets Liabilities Assets Liabilities Inventories and Related Payables Basis 200.1 % 13.0 % 18.5 % 125.0 % Transportation cost 24.8 % 55.0 % 25.9 % 39.4 % Commodity Derivative Contracts Basis 26.3 % 20.6 % 21.6 % 19.1 % Transportation cost 30.9 % 35.2 % 29.5 % 35.1 %

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2019
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 designated as hedging instruments as of March 31, 2019 and December 31, 2018 . March 31, 2019 December 31, 2018 Assets Liabilities Assets Liabilities (In millions) Interest Rate Contracts $ — $ 32 $ — $ 20 Total $ — $ 32 $ — $ 20 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, 2019 and 2018 . Cost of products sold Interest expense Other expense (income) - net (In millions) Revenues Three Months Ended March 31, 2019 Consolidated Statement of Earnings $ 15,304 $ 14,376 $ 101 $ (8 ) Effective amounts recognized in earnings Pre-tax gains (losses) on: Commodity Contracts $ (13 ) $ 5 $ — $ — Total gain (loss) recognized in earnings $ (13 ) $ 5 $ — $ — $ (8 ) Three Months Ended March 31, 2018 Consolidated Statement of Earnings $ 15,526 $ 14,637 $ 91 $ (15 ) Effective amounts recognized in earnings Pre-tax gains (losses) on: Commodity Contracts $ 2 $ 6 $ — $ — Total gain (loss) recognized in earnings $ 2 $ 6 $ — $ — $ 8 March 31, 2019 and December 31, 2018 . March 31, 2019 December 31, 2018 Assets Liabilities Assets Liabilities (In millions) Foreign Currency Contracts $ 191 $ 155 $ 175 $ 152 Commodity Contracts 469 434 461 589 Total $ 660 $ 589 $ 636 $ 741 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, 2019 and 2018 . Other expense (income) - net Cost of products sold (In millions) Revenues Three Months Ended March 31, 2019 Consolidated Statement of Earnings $ 15,304 $ 14,376 $ (8 ) Pre-tax gains (losses) on: Foreign Currency Contracts $ 8 $ — $ (30 ) Commodity Contracts — 120 — Total gain (loss) recognized in earnings $ 8 $ 120 $ (30 ) $ 98 Three Months Ended March 31, 2018 Consolidated Statement of Earnings $ 15,526 $ 14,637 $ (15 ) Pre-tax gains (losses) on: Foreign Currency Contracts $ (3 ) $ (15 ) $ 64 Commodity Contracts — (313 ) — Total gain (loss) recognized in earnings $ (3 ) $ (328 ) $ 64 $ (267 )

Other Current Assets (Tables)

Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2019
Other Assets [Abstract]
Other Current Assets	The following table sets forth the items in other current assets: March 31, December 31, 2019 2018 (In millions) Unrealized gains on derivative contracts $ 660 $ 636 Deferred receivables consideration 430 379 Customer omnibus receivable 686 450 Financing receivables - net (1) 430 424 Insurance premiums receivable 27 35 Prepaid expenses 263 184 Tax receivables 527 379 Non-trade receivables (2) 430 323 Other current assets 172 223 $ 3,625 $ 3,033 (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 $3 million at March 31, 2019 and December 31, 2018 . Interest earned on financing receivables of $8 million and $7 million for the three months ended March 31, 2019 and 2018, respectively, is included in interest income in the consolidated statements of earnings. (2) Non-trade receivables included $82 million and $84 million of reinsurance recoverables as of March 31, 2019 and December 31, 2018

Accrued Expenses And Other Pa_2

Accrued Expenses And Other Payables (Tables)	3 Months Ended
	Mar. 31, 2019
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, 2019 2018 (In millions) Unrealized losses on derivative contracts $ 621 $ 761 Accrued compensation 283 337 Income tax payable 64 — Other taxes payable 112 98 Reinsurance premiums payable 9 15 Insurance claims payable 297 277 Contract liability 477 501 Other accruals and payables 1,135 924 $ 2,998 $ 2,913

Leases Leases (Tables)

Leases Leases (Tables)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Lease, Cost [Table Text Block]	the amounts relating to the Company’s total lease cost and other information. Three Months Ended (Amounts in millions) Lease cost: Operating lease cost $ 73 Short-term lease cost 23 Total lease cost $ 96 Other information: Operating lease liability principal payments $ 40 Right-of-use assets obtained in exchange for new operating lease liabilities $ 61 Weighted-average remaining lease term - operating leases (in years) 7 Weighted average discount rate - operating leases 4.6 %
Lessee, Operating and Finance Leases, Liability Maturity [Table Text Block]	Below is a tabular disclosure of the future annual undiscounted cash flows for operating lease liabilities. Remainder of 2019 $ 173 2020 181 2021 150 2022 121 2023 86 2024 48 Thereafter 224 Total 983 Less interest (1) 166 Lease liability $ 817 (1)

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (AOCI) (Tables)	3 Months Ended
	Mar. 31, 2019
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, 2019 and the reclassifications out of AOCI for the three months ended March 31, 2019 and 2018 : Three months ended March 31, 2019 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, 2018 $ (1,962 ) $ 61 $ (220 ) $ 15 $ (2,106 ) Other comprehensive income (loss) before reclassifications (78 ) (85 ) 10 (2 ) (155 ) Amounts reclassified from AOCI (1 ) 8 (3 ) — 4 Tax effect (10 ) 12 13 — 15 Net of tax amount (89 ) (65 ) 20 (2 ) (136 ) Balance at March 31, 2019 $ (2,051 ) $ (4 ) $ (200 ) $ 13 $ (2,242 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Amount reclassified from AOCI Three months ended March 31, Affected line item in the Details about AOCI components 2019 2018 consolidated statement of earnings (In millions) Deferred loss (gain) on hedging activities $ (5 ) $ (6 ) Cost of products sold 13 (2 ) Revenues 8 (8 ) Total before tax (2 ) 2 Tax $ 6 $ (6 ) Net of tax Pension liability adjustment Amortization of defined benefit pension items: Prior service credit $ (4 ) $ (8 ) Other (income) expense - net Actuarial losses 1 16 Other (income) expense - net (3 ) 8 Total before tax 14 (4 ) Tax $ 11 $ 4 Net of tax

Other (Income) Expense - Net (T

Other (Income) Expense - Net (Tables)	3 Months Ended
	Mar. 31, 2019
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, 2019 2018 (In millions) Gains on sales of assets $ (15 ) $ (6 ) Other – net 7 (9 ) Other (Income) Expense - Net $ (8 ) $ (15 )

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Segment Information	Three Months Ended March 31, (In millions) 2019 2018 Gross revenues Origination $ 6,975 $ 7,179 Oilseeds 6,409 6,835 Carbohydrate Solutions 2,576 2,812 Nutrition 1,300 958 Other 81 106 Intersegment elimination (2,037 ) (2,364 ) Total gross revenues $ 15,304 $ 15,526 Intersegment sales Origination $ 851 $ 912 Oilseeds 995 1,233 Carbohydrate Solutions 173 211 Nutrition 18 8 Total intersegment sales $ 2,037 $ 2,364 Revenues from external customers Origination Merchandising and Handling $ 6,058 $ 6,212 Transportation 66 55 Total Origination 6,124 6,267 Oilseeds Crushing and Origination 3,256 3,285 Refining, Packaging, Biodiesel, and Other 2,158 2,317 Total Oilseeds 5,414 5,602 Carbohydrate Solutions Starches and Sweeteners 1,622 1,638 Bioproducts 781 963 Total Carbohydrate Solutions 2,403 2,601 Nutrition Wild Flavors and Specialty Ingredients 674 636 Animal Nutrition 608 314 Total Nutrition 1,282 950 Other 81 106 Total revenues from external customers $ 15,304 $ 15,526 Three Months Ended March 31, (In millions) 2019 2018 Segment operating profit Origination $ 76 $ 46 Oilseeds 341 349 Carbohydrate Solutions 96 213 Nutrition 81 96 Other 14 13 Specified Items: Gains (losses) on sales of assets and businesses (1) 12 — Impairment, restructuring, and settlement charges (2) (9 ) (13 ) Total segment operating profit 611 704 Corporate (296 ) (240 ) Earnings before income taxes $ 315 $ 464 (1) Current quarter gains consisted of a gain on the sale of certain assets and a step-up gain on an equity investment. (2)

New Accounting Standards New Ac

New Accounting Standards New Accounting Standards (Details) - USD ($) $ in Millions	Mar. 31, 2019	Jan. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Right-of-Use Asset	$ 797
Operating Lease, Liability	$ 817
Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Right-of-Use Asset		$ 793
Operating Lease, Liability		$ 795

Revenues (Details)

Revenues (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 15,304	$ 15,526
Contract with Customer, Liability [Abstract]
Contract with Customer, Liability	477		$ 501
Change in Contract with Customer, Liability [Abstract]
Contract with Customer, Liability, Revenue Recognized	166	326
Carbohydrate Solutions [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	2,403	2,601
Starches and sweeteners [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	1,622	1,638
Bioproducts [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	781	963
Nutrition [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	1,282	950
Wild Flavors and Specialty Ingredients [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	674	636
Animal Nutrition [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	608	314
Oilseeds [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	5,414	5,602
Crushing and origination [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	3,256	3,285
Refining, packaging, biodiesel, and other [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	2,158	2,317
Origination [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	6,124	6,267
Merchandising and handling [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	6,058	6,212
Transportation [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	66	55
Other [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	81	106
Non MTM Products and Services [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	4,733	4,677
Non MTM Products and Services [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	4,618	4,560
Non MTM Products and Services [Member] | Transferred over Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	115	117
Non MTM Products and Services [Member] | Carbohydrate Solutions [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	1,980	2,120
Non MTM Products and Services [Member] | Carbohydrate Solutions [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	1,980	2,120
Non MTM Products and Services [Member] | Starches and sweeteners [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	1,199	1,157
Non MTM Products and Services [Member] | Starches and sweeteners [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	1,199	1,157
Non MTM Products and Services [Member] | Bioproducts [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	781	963
Non MTM Products and Services [Member] | Bioproducts [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	781	963
Non MTM Products and Services [Member] | Nutrition [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	1,282	950
Non MTM Products and Services [Member] | Nutrition [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	1,282	950
Non MTM Products and Services [Member] | Wild Flavors and Specialty Ingredients [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	674	636
Non MTM Products and Services [Member] | Wild Flavors and Specialty Ingredients [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	674	636
Non MTM Products and Services [Member] | Animal Nutrition [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	608	314
Non MTM Products and Services [Member] | Animal Nutrition [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	608	314
Non MTM Products and Services [Member] | Oilseeds [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	683	713
Non MTM Products and Services [Member] | Oilseeds [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	683	713
Non MTM Products and Services [Member] | Crushing and origination [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	171	186
Non MTM Products and Services [Member] | Crushing and origination [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	171	186
Non MTM Products and Services [Member] | Refining, packaging, biodiesel, and other [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	512	527
Non MTM Products and Services [Member] | Refining, packaging, biodiesel, and other [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	512	527
Non MTM Products and Services [Member] | Origination [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	707	788
Non MTM Products and Services [Member] | Origination [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	592	671
Non MTM Products and Services [Member] | Origination [Member] | Transferred over Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	115	117
Non MTM Products and Services [Member] | Merchandising and handling [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	641	733
Non MTM Products and Services [Member] | Merchandising and handling [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	592	671
Non MTM Products and Services [Member] | Merchandising and handling [Member] | Transferred over Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	49	62
Non MTM Products and Services [Member] | Transportation [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	66	55
Non MTM Products and Services [Member] | Transportation [Member] | Transferred over Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	66	55
Non MTM Products and Services [Member] | Other [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	81	106
Non MTM Products and Services [Member] | Other [Member] | Transferred at Point in Time [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	81	106
Mark-to-Market Products [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	10,571	10,849
Mark-to-Market Products [Member] | Carbohydrate Solutions [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	423	481
Mark-to-Market Products [Member] | Starches and sweeteners [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	423	481
Mark-to-Market Products [Member] | Oilseeds [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	4,731	4,889
Mark-to-Market Products [Member] | Crushing and origination [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	3,085	3,099
Mark-to-Market Products [Member] | Refining, packaging, biodiesel, and other [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	1,646	1,790
Mark-to-Market Products [Member] | Origination [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	5,417	5,479
Mark-to-Market Products [Member] | Merchandising and handling [Member]
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 5,417	$ 5,479

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross	$ 1,953
Cash Acquired from Acquisition	91
Business Acquisition, Purchase Price Allocation, Working Capital	136
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	439
Goodwill	884
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	606
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	87
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities	(276)
Payments to Acquire Businesses, Net of Cash Acquired	1,876	$ 0
Business Acquisition, Goodwill, Expected Tax Deductible Amount	$ 90
Gleadell [Member]
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	50.00%
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value	$ 14
Business Acquisition, Purchase Price Allocation, Working Capital	(6)
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	13
Goodwill	10
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities	(2)
Payments to Acquire Businesses, Net of Cash Acquired	15
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain	3
Neovia [Member]
Business Acquisition [Line Items]
Business Acquisition, Purchase Price Allocation, Working Capital	102
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	409
Goodwill	784
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	583
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	87
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities	(274)
Business Combination, Consideration Transferred, Including Equity Interest in Acquiree Held Prior to Combination	1,691
FCC [Member]
Business Acquisition [Line Items]
Business Acquisition, Purchase Price Allocation, Working Capital	40
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	17
Goodwill	90
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	23
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities	0
Business Combination, Consideration Transferred, Including Equity Interest in Acquiree Held Prior to Combination	$ 170

Acquisitions Other Intangible A

Acquisitions Other Intangible Assets (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 606
Neovia [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	583
FCC [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	23
Gleadell [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	0
Trademarks and Trade Names [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	173
Trademarks and Trade Names [Member] | Neovia [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	166
Trademarks and Trade Names [Member] | FCC [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	7
Customer Lists [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	301
Customer Lists [Member] | Neovia [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	289
Customer Lists [Member] | FCC [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	12
Developed Technology Rights [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	132
Developed Technology Rights [Member] | Neovia [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	128
Developed Technology Rights [Member] | FCC [Member]
Schedule of Other Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 4
Minimum [Member] | Trademarks and Trade Names [Member]
Schedule of Other Intangible Assets [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Minimum [Member] | Customer Lists [Member]
Schedule of Other Intangible Assets [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	10 years
Minimum [Member] | Developed Technology Rights [Member]
Schedule of Other Intangible Assets [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	6 years
Maximum [Member] | Trademarks and Trade Names [Member]
Schedule of Other Intangible Assets [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	13 years
Maximum [Member] | Customer Lists [Member]
Schedule of Other Intangible Assets [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	20 years
Maximum [Member] | Developed Technology Rights [Member]
Schedule of Other Intangible Assets [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	11 years

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, 2019	Dec. 31, 2018
Inventory Related Payables [Member]
Fair Value Measurements [Line Items]
Basis	13.00%	125.00%
Inventories Carried At Market [Member]
Fair Value Measurements [Line Items]
Basis	200.10%	18.50%

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Measurements At Reporting Date) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Assets:
Derivative Asset	$ 660	$ 636
Deferred receivables consideration	430	379
Liabilities:
Derivative Liability	621	761
Fair Value, Measurements, Recurring [Member]
Assets:
Inventories carried at market	4,511	4,547
Cash Equivalents, at Carrying Value	432	1,288
Available-for-sale Securities, Fair Value Disclosure	31	13
Restricted Investments, at Fair Value	1,073	1,044
Deferred receivables consideration	430	379
Total Assets	7,137	7,907
Liabilities:
Inventory-related payables	1,139	597
Total Liabilities	1,760	1,358
Fair Value, Measurements, Recurring [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	469	461
Liabilities:
Derivative Liability	434	589
Fair Value, Measurements, Recurring [Member] | Foreign Exchange Contracts [Member]
Assets:
Derivative Asset	191	175
Liabilities:
Derivative Liability	155	152
Fair Value, Measurements, Recurring [Member] | Interest Rate Contracts [Member]
Liabilities:
Derivative Liability	32	20
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	432	1,288
Available-for-sale Securities, Fair Value Disclosure	30	12
Restricted Investments, at Fair Value	1,073	1,044
Deferred receivables consideration	0	0
Total Assets	1,535	2,344
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]
Liabilities:
Derivative Liability	0	0
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets:
Inventories carried at market	3,000	3,032
Cash Equivalents, at Carrying Value	0	0
Available-for-sale Securities, Fair Value Disclosure	1	1
Restricted Investments, at Fair Value	0	0
Deferred receivables consideration	430	379
Total Assets	3,879	3,893
Liabilities:
Inventory-related payables	1,123	579
Total Liabilities	1,601	1,095
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	257	306
Liabilities:
Derivative Liability	291	344
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Foreign Exchange Contracts [Member]
Assets:
Derivative Asset	191	175
Liabilities:
Derivative Liability	155	152
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Interest Rate Contracts [Member]
Liabilities:
Derivative Liability	32	20
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets:
Inventories carried at market	1,511	1,515
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	1,723	1,670
Liabilities:
Inventory-related payables	16	18
Total Liabilities	159	263
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Commodity Contracts [Member]
Assets:
Derivative Asset	212	155
Liabilities:
Derivative Liability	143	245
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]
Liabilities:
Derivative Liability	$ 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, 2019	Mar. 31, 2018
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss)	$ 210	$ 174
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	1,670	1,597
Total increase (decrease) in unrealized gains included in cost of products sold	117	220
Purchases	2,689	2,239
Sales	(2,824)	(2,150)
Settlements	(103)	(66)
Transfers into Level 3	320	215
Transfers out of Level 3	(146)	(110)
Balance at end of period	1,723	1,945
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	1,515	1,486
Total increase (decrease) in unrealized gains included in cost of products sold	(27)	173
Purchases	2,689	2,239
Sales	(2,824)	(2,150)
Settlements	0	0
Transfers into Level 3	297	187
Transfers out of Level 3	(139)	(106)
Balance at end of period	1,511	1,829
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	155	111
Total increase (decrease) in unrealized gains included in cost of products sold	144	47
Purchases	0	0
Sales	0	0
Settlements	(103)	(66)
Transfers into Level 3	23	28
Transfers out of Level 3	(7)	(4)
Balance at end of period	$ 212	$ 116

Fair Value Measurements (Reco_2

Fair Value Measurements (Reconciliation Of Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss)	$ (20)	$ (198)
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	263	142
Total increase (decrease) in unrealized losses included in cost of products sold	18	215
Purchases	4	21
Sales	(6)	(2)
Settlements	(99)	(57)
Transfers into Level 3	7	65
Transfers out of Level 3	(28)	(18)
Balance at end of period	159	366
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	18	39
Total increase (decrease) in unrealized losses included in cost of products sold	0	17
Purchases	4	21
Sales	(6)	(2)
Settlements	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Balance at end of period	16	75
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	245	103
Total increase (decrease) in unrealized losses included in cost of products sold	18	198
Purchases	0	0
Sales	0	0
Settlements	(99)	(57)
Transfers into Level 3	7	65
Transfers out of Level 3	(28)	(18)
Balance at end of period	$ 143	$ 291

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, 2019	Dec. 31, 2018
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	13.00%	125.00%
Transportation cost	55.00%	39.40%
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	20.60%	19.10%
Transportation cost	35.20%	35.10%
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	200.10%	18.50%
Transportation cost	24.80%	25.90%
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	26.30%	21.60%
Transportation cost	30.90%	29.50%

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Narrative) (Details) € in Millions, gal in Millions, bu in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)bugal	Mar. 31, 2019EUR (€)gal	Dec. 31, 2018USD ($)	Sep. 12, 2018EUR (€)	Jun. 24, 2015EUR (€)
Derivative [Line Items]
Debt Instrument, Face Amount | €				€ 650
Unrealized gain (loss) on interest rate cash flow hedges, after-tax, AOCI	$ 31
Corn processed per month (in bushels) | bu	72
Debt Instrument, Interest Rate, Stated Percentage				1.00%
Designated As Hedging Instrument [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Price Risk Cash Flow Hedges, after Tax, Accumulated Other Comprehensive Income	$ 10
Interest Rate Derivative Liabilities, at Fair Value	32		$ 20
After-tax gains (losses) in AOCI from commodity cash flow hedge transactions	10
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%
Fair Value Hedging [Member]
Derivative [Line Items]
Derivative Liability, Notional Amount	$ 496
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)	19.00%	19.00%
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)	95.00%	95.00%
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	3 months
Ethanol [Member] | Minimum [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Commodity hedged during historical hedging period, (in gallons) | gal	2	2
Commodity hedged over future hedging period, (in gallons) | gal	1	1
Ethanol [Member] | Maximum [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Commodity hedged during historical hedging period, (in gallons) | gal	121	121
Commodity hedged over future hedging period, (in gallons) | gal	42	42
Soybean [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Derivative Hedged Item Time Period	12 months
Soybean [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)	99.00%	99.00%
Percentage of anticipated commodity purchases or production hedged over future hedging period (as a percent)	0.00%	0.00%
Soybean [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)	100.00%	100.00%
Percentage of anticipated commodity purchases or production hedged over future hedging period (as a percent)	100.00%	100.00%
Foreign Exchange Contracts [Member]
Derivative [Line Items]
Debt amount designated as a net investment hedge | €		€ 1,750
Derivatives used in Net Investment Hedge, Net of Tax	$ 3		$ (26)
Fair Value Hedging [Member] | Designated As Hedging Instrument [Member]
Derivative [Line Items]
Interest Rate Derivative Liabilities, at Fair Value	$ 1

Derivative Instruments and He_4

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, 2019	Dec. 31, 2018
Derivative [Line Items]
FX Contracts Assets	$ 191	$ 175
Commodity Contracts Assets	469	461
Total fair value of derivative assets not designated as hedging instruments	660	636
FX Contracts Liabilities	155	152
Commodity Contracts Liabilities	434	589
Total fair value of derivative liabilities not designated as hedging instruments.	$ 589	$ 741

Derivative Instruments and He_5

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, 2019	Mar. 31, 2018
Derivative [Line Items]
Revenues	$ 15,304	$ 15,526
Cost of Products Sold	14,376	14,637
Other (Income) Expense - Net	(8)	(15)
Total gain (loss) recognized in earnings	98	(267)
Revenues [Member]
Derivative [Line Items]
FX Contracts	8	(3)
Total gain (loss) recognized in earnings	8	(3)
Cost of Products Sold [Member]
Derivative [Line Items]
FX Contracts	0	(15)
Commodity Contracts	120	(313)
Total gain (loss) recognized in earnings	120	(328)
Other (Income) Expense - Net [Member]
Derivative [Line Items]
FX Contracts	(30)	64
Total gain (loss) recognized in earnings	$ (30)	$ 64

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities (Fair Value Of Derivatives Designated As Hedging Instruments) (Details) - Designated As Hedging Instrument [Member] - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Derivative [Line Items]
Interest Rate Derivative Assets, at Fair Value	$ 0	$ 0
Interest Rate Derivative Liabilities, at Fair Value	32	20
Derivative Instruments in Hedges, Assets, at Fair Value	0	0
Derivative Instruments in Hedges, Liabilities, at Fair Value	$ 32	$ 20

Derivative Instruments and He_7

Derivative Instruments and Hedging Activities (Pre-Tax Gains (Losses) On Derivatives Designated As Hedging Instruments) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Derivative Instruments, Gains (Loss) [Line Items]
Revenues	$ 15,304	$ 15,526
Cost of Products Sold	14,376	14,637
Interest Expense	101	91
Other (Income) Expense - Net	(8)	(15)
Designated As Hedging Instrument [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Total amount recognized in earnings	(8)	8
Designated As Hedging Instrument [Member] | Other (Income) Expense - Net [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Commodity Contracts effective amount recognized in earnings	0	0
Total amount recognized in earnings	0	0
Designated As Hedging Instrument [Member] | Interest Expense [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Total amount recognized in earnings	0	0
Designated As Hedging Instrument [Member] | Cost of Products Sold [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Commodity Contracts effective amount recognized in earnings	5	6
Total amount recognized in earnings	5	6
Designated As Hedging Instrument [Member] | Revenues [Member]
Derivative Instruments, Gains (Loss) [Line Items]
Commodity Contracts effective amount recognized in earnings	(13)	2
Total amount recognized in earnings	$ (13)	$ 2

Other Current Assets (Details)

Other Current Assets (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Other Assets [Abstract]
Derivative Asset	$ 660		$ 636
Deferred receivables consideration	430		379
Receivables from Customers	686		450
Financing Receivable, Net	430		424
Premiums Receivable, Net	27		35
Prepaid Expense, Current	263		184
Tax receivables	527		379
Other Receivables	430		323
Other current assets	172		223
Total other current assets	3,625		3,033
Financing Receivable, Allowance for Credit Losses	3		3
Interest on financing receivables	8	$ 7
Asset Impairment Charges	9
Reinsurance Recoverables	$ 82		$ 84

Accrued Expenses And Other Pa_3

Accrued Expenses And Other Payables (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Accrued Liabilities and Other Liabilities [Abstract]
Derivative Liability	$ 621	$ 761
Employee-related Liabilities	283	337
Accrued Income Taxes, Current	64	0
Accrual for Taxes Other than Income Taxes, Current	112	98
Reinsurance Payable	9	15
Liability for Claims and Claims Adjustment Expense	297	277
Contract with Customer, Liability	477	501
Accrued expenses and other payables	1,135	924
Total accrued expenses and other payables	$ 2,998	$ 2,913

Debt And Financing Arrangemen_2

Debt And Financing Arrangements (Narrative) (Details) € in Millions, $ in Billions	Mar. 31, 2019USD ($)	Sep. 12, 2018EUR (€)
Debt Instrument [Line Items]
Debt Instrument, Face Amount | €		€ 650
Debt Instrument, Interest Rate, Stated Percentage		1.00%
Excess of fair value over carrying value of long-term debt	$ 1.1
Line of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	9
Unused lines of credit	6.2
Commercial Paper [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	5
Commercial Paper	1.3
Accounts Receivable Securitization Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	1.8
Unused lines of credit	$ 0.4

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)assessment	Mar. 31, 2018
Income Tax Contingency [Line Items]
Effective income tax rate	25.70%	14.70%
Brazilian Federal Revenue Service [Member]
Income Tax Contingency [Line Items]
Number of separate tax assessments | assessment	3
Income tax assessment	$ 108
Income tax assessment - Interest and Penalties	309
Argentine Tax Authorities [Member]
Income Tax Contingency [Line Items]
Income tax assessment	15
Income tax assessment - Interest and Penalties	55
Estimated Additional Tax Assessment	52
Additional income tax assessment - Interest and Penalties	58
Tax and Customs Administration, Netherlands [Member]
Income Tax Contingency [Line Items]
Income tax assessment	91
Additional income tax assessment - Interest and Penalties	$ 31

Leases Lease Cost (Details)

Leases Lease Cost (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Leases [Abstract]
Operating Lease, Cost	$ 73
Short-term Lease, Cost	23
Lease, Cost	96
Operating Lease, Payments	40
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 61
Operating Lease, Weighted Average Remaining Lease Term	7 years
Operating Lease, Weighted Average Discount Rate, Percent	4.60%

Leases Liability Maturity (Deta

Leases Liability Maturity (Details) $ in Millions	Mar. 31, 2019USD ($)
Leases [Abstract]
Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year	$ 173
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months	181
Lessee, Operating Lease, Liability, Payments, Due Year Two	150
Lessee, Operating Lease, Liability, Payments, Due Year Three	121
Lessee, Operating Lease, Liability, Payments, Due Year Four	86
Lessee, Operating Lease, Liability, Payments, Due Year Five	48
Lessee, Operating Lease, Liability, Payments, Due after Year Five	224
Lessee, Operating Lease, Liability, Payments, Due	983
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	166
Operating Lease, Liability	$ 817

Leases Narrative (Details)

Leases Narrative (Details) $ in Millions	Mar. 31, 2019USD ($)
Operating Leased Assets [Line Items]
Operating Lease, Right-of-Use Asset	$ 797
Operating Lease, Liability, Current	195
Operating Lease, Liability, Noncurrent	$ 622
Minimum [Member]
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Renewal Term	1 month
Maximum [Member]
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Renewal Term	49 years

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (AOCI) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	$ (2,106)
Other comprehensive income (loss) before reclassifications	(155)
Amounts reclassified from AOCI	4
Other comprehensive income (loss), tax, portion attributable to parent	15
Other Comprehensive Income (Loss), Net of Tax	(136)
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(2,242)
Foreign Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	(1,962)
Other comprehensive income (loss) before reclassifications	(78)
Amounts reclassified from AOCI	(1)
Other comprehensive income (loss), tax, portion attributable to parent	(10)
Other Comprehensive Income (Loss), Net of Tax	(89)
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(2,051)
Deferred Gain (Loss) On Hedging Activities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	61
Other comprehensive income (loss) before reclassifications	(85)
Amounts reclassified from AOCI	8
Other comprehensive income (loss), tax, portion attributable to parent	12
Other Comprehensive Income (Loss), Net of Tax	(65)
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(4)
Pension Liability Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	(220)
Other comprehensive income (loss) before reclassifications	10
Amounts reclassified from AOCI	(3)
Other comprehensive income (loss), tax, portion attributable to parent	13
Other Comprehensive Income (Loss), Net of Tax	20
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	(200)
Unrealized Gain (Loss) On Investments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance of Accumulated Other Comprehensive Income (Loss) at Beginning of Period	15
Other comprehensive income (loss) before reclassifications	(2)
Amounts reclassified from AOCI	0
Other comprehensive income (loss), tax, portion attributable to parent	0
Other Comprehensive Income (Loss), Net of Tax	(2)
Balance of Accumulated Other Comprehensive Income (Loss) at End of period	$ 13

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (AOCI) Components (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Cost of Products Sold	$ 14,376	$ 14,637
Interest Expense	101	91
Other (Income) Expense - Net	(8)	(15)
Revenues	(15,304)	(15,526)
Asset impairment, exit, and restructuring costs	11	16
Earnings Before Income Taxes	(315)	(464)
Income taxes	(81)	(68)
Net Earnings Including Noncontrolling Interests	(234)	(396)
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 Products Sold	(5)	(6)
Revenues	13	(2)
Earnings Before Income Taxes	8	(8)
Income taxes	2	(2)
Net Earnings Including Noncontrolling Interests	6	(6)
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	(3)	8
Income taxes	(14)	4
Net Earnings Including Noncontrolling Interests	11	4
Other (Income) Expense - Net [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)	(4)	(8)
Actuarial Losses	$ 1	$ 16

Other (Income) Expense (Details

Other (Income) Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Other Income and Expenses [Abstract]
Financing Receivable, Allowance for Credit Losses	$ 3		$ 3
Gain (Loss) on Sale and Revaluation of Assets	15	$ 6
Other - net	7	(9)
Other (Income) Expense - Net	(8)	(15)
Defined benefit plan net periodic benefit cost other than service cost	$ 2	$ 3

Segment Information (Narrative)

Segment Information (Narrative) (Details)	3 Months Ended
	Mar. 31, 2019FacilitiesCountriessegment
Segment Reporting Information [Line Items]
Number of reportable segments | segment	4
Business Acquisition, Percentage of Voting Interests Acquired	50.00%
Number of production facilities | Facilities	72
Number of Countries in which Entity Operates | Countries	25

Segment Information (Segment In

Segment Information (Segment Information) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Information
Revenues	$ 15,304	$ 15,526
Earnings Before Income Taxes	315	464
Origination [Member]
Segment Information
Revenues	6,124	6,267
Earnings Before Income Taxes	76	46
Merchandising and handling [Member]
Segment Information
Revenues	6,058	6,212
Transportation [Member]
Segment Information
Revenues	66	55
Oilseeds [Member]
Segment Information
Revenues	5,414	5,602
Earnings Before Income Taxes	341	349
Crushing and origination [Member]
Segment Information
Revenues	3,256	3,285
Refining, packaging, biodiesel, and other [Member]
Segment Information
Revenues	2,158	2,317
Carbohydrate Solutions [Member]
Segment Information
Revenues	2,403	2,601
Earnings Before Income Taxes	96	213
Starches and sweeteners [Member]
Segment Information
Revenues	1,622	1,638
Bioproducts [Member]
Segment Information
Revenues	781	963
Nutrition [Member]
Segment Information
Revenues	1,282	950
Earnings Before Income Taxes	81	96
Wild Flavors and Specialty Ingredients [Member]
Segment Information
Revenues	674	636
Animal Nutrition [Member]
Segment Information
Revenues	608	314
Other [Member]
Segment Information
Revenues	81	106
Earnings Before Income Taxes	14	13
Corporate, Non-Segment [Member]
Segment Information
Earnings Before Income Taxes	(296)	(240)
Aggregate Segment [Member]
Segment Information
Earnings Before Income Taxes	611	704
Operating Segments [Member] | Origination [Member]
Segment Information
Revenues	6,975	7,179
Operating Segments [Member] | Oilseeds [Member]
Segment Information
Revenues	6,409	6,835
Operating Segments [Member] | Carbohydrate Solutions [Member]
Segment Information
Revenues	2,576	2,812
Operating Segments [Member] | Nutrition [Member]
Segment Information
Revenues	1,300	958
Operating Segments [Member] | Other [Member]
Segment Information
Revenues	81	106
Intersegment Elimination [Member]
Segment Information
Revenues	(2,037)	(2,364)
Intersegment Elimination [Member] | Origination [Member]
Segment Information
Revenues	(851)	(912)
Intersegment Elimination [Member] | Oilseeds [Member]
Segment Information
Revenues	(995)	(1,233)
Intersegment Elimination [Member] | Carbohydrate Solutions [Member]
Segment Information
Revenues	(173)	(211)
Intersegment Elimination [Member] | Nutrition [Member]
Segment Information
Revenues	(18)	(8)
Other (Income) Expense - Net [Member] | Segment Reconciling Items [Member]
Segment Information
Earnings Before Income Taxes	12	0
Asset impairment, restructuring, and settlement [Member] | Segment Reconciling Items [Member]
Segment Information
Earnings Before Income Taxes	$ (9)	$ (13)

Asset Impairment, Exit, and R_2

Asset Impairment, Exit, and Restructuring Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Asset Impairment Charges And Exit Costs [Line Items]
Asset impairment, exit, and restructuring costs	$ 11	$ 16
Asset Impairment Charges	9
Restructuring Charges		1
Equity Method Investment, Other than Temporary Impairment		12
Corporate, Non-Segment [Member]
Asset Impairment Charges And Exit Costs [Line Items]
Restructuring Charges	$ 2	$ 3

Sale of Accounts Receivable (Na

Sale of Accounts Receivable (Narrative) (Details) $ in Millions, € in Billions	3 Months Ended
	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2019EUR (€)	Dec. 31, 2018USD ($)
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Transfer of Financial Assets Accounted for as Sales, Fair Value of Derecognized Assets	$ 1,800			$ 1,900
Transfer of Financial Assets Accounted for as Sales, Cash Proceeds Received for Assets Derecognized, Amount	1,400			1,500
Retained Interest, Fair Value Disclosure	430			$ 379
Proceeds from Sale of Other Receivables	8,400	$ 8,900
Proceeds from Collection of Retained Interest in Securitized Receivables	3,091	3,656
Loss on transfer of accounts receivables to purchasers	8	$ 4
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	1,800
First 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	$ 600		€ 0.5

Subsequent Events Subsequent Ev

Subsequent Events Subsequent Events (Details) - Subsequent Event [Member] - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019
Subsequent Event [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	$ 50
Minimum [Member]
Subsequent Event [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost, Remeasurement Charge		$ 55
Maximum [Member]
Subsequent Event [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost, Remeasurement Charge		$ 75