Agrium (AGU) 40-F 26 Feb 18 2017 FY Annual report (Canada) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2017shares
Document And Entity Information [abstract]
Document Type	40-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Registrant Name	AGRIUM INC
Entity Central Index Key	943,003
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Well Known Seasoned Issuer	No
Entity Common Stock Shares Outstanding	0
Trading Symbol	AGU

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Profit or loss [abstract]
Sales	$ 13,766	$ 13,457
Cost of product sold	10,340	10,078
Gross profit	3,426	3,379
Expenses [abstract]
Selling	2,014	1,913
General and administrative	247	240
Share-based payments	69	55
Earnings from associates and joint ventures	(39)	(66)
Other expenses	119	147
Earnings before finance costs and income taxes	1,016	1,090
Finance costs related to long-term debt	210	204
Other finance costs	101	74
Earnings before income taxes	705	812
Income taxes	203	228
Net earnings from continuing operations	502	584
Net earnings (loss) from discontinued operations	(187)	12
Net earnings	315	596
Profit (loss), attributable to [abstract]
Equity holders of Agrium	310	592
Non-controlling interest	5	4
Net earnings	$ 315	$ 596
Earnings per share attributable to equity holders of Agrium [abstract]
Basic and diluted earnings per share from continuing operations	$ 3.6	$ 4.2
Basic and diluted (loss) earnings per share from discontinued operations	(1.36)	0.09
Basic and diluted earnings per share	$ 2.24	$ 4.29
Weighted average number of shares outstanding for basic and diluted earnings per share (millions of common shares)	138	138
Basis of preparation and statement of compliance	Basis of preparation and statement of compliance We prepared these financial statements in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). The Board of Directors of Agrium Inc. approved these consolidated financial statements for issuance on February 20, 2018. The presentation currency of these financial statements is the U.S. dollar. We prepared the financial statements using the historical cost basis, except for items that IFRS requires us to measure at fair value. Our significant accounting policies, judgments, assumptions and estimates are described in note 25.
Restatement	Restatement These assets were previously classified as held for sale, as FTC approval and completion of the sales of CPO and North Bend assets is considered highly probable. Additionally, as CPO comprises operations and cash flows that can be clearly distinguished operationally and for financial reporting purposes, its operating results and the impact of re-measurement to the selling price were included in discontinued operations for the year ended December 31, 2017, and in the comparative year ended December 31, 2016. Discontinued operations exclude elimination of intercompany transactions.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Statement of comprehensive income [abstract]
Net earnings	$ 315	$ 596
Cash flow hedges [abstract]
Effective portion of changes in fair value	(92)	7
Deferred income taxes	25	(1)
Share of profit (loss) of associates and joint ventures accounted for using equity method [abstract]
Share of comprehensive loss	(49)	(34)
Deferred income taxes	10	0
Exchange differences on translation [abstract]
Gains (losses)	183	59
Reclassifications to earnings	6	0
Subtotal	83	31
Components of other comprehensive income that will not be reclassified to profit or loss, before tax [abstract]
Actuarial (losses) gains	(5)	(10)
Deferred income taxes	2	3
Subtotal	(3)	(7)
Other comprehensive income	80	24
Comprehensive income (loss), net of tax	395	620
Comprehensive income attributable to [abstract]
Equity holders of Agrium	389	616
Non-controlling interest	6	4
Comprehensive income (loss), net of tax	$ 395	$ 620

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016
Current assets [abstract]
Cash and cash equivalents		$ 466	$ 412
Accounts receivable		2,406	2,208
Income taxes receivable		18	33
Inventories		3,321	3,230
Prepaid expenses and deposits		1,004	855
Other current assets		120	123
Assets held for sale		105	0
Total current assets		7,440	6,861
Property, plant and equipment		7,091	6,818
Intangibles		518	566
Goodwill		2,228	2,095
Investments in associates and joint ventures		522	541
Other assets		58	48
Deferred income tax assets		85	34
Total assets		17,942	16,963
Current liabilities [abstract]
Short-term debt		867	604
Accounts payable		5,206	4,662
Income taxes payable		27	17
Current portion of long-term debt		11	110
Current portion of other provisions		63	59
Total current liabilities		6,174	5,452
Long-term debt	[1]	4,397	4,398
Post-employment benefits		142	141
Other provisions		522	322
Other liabilities		106	68
Deferred income tax liabilities		473	408
Total liabilities		11,814	10,789
Equity [abstract]
Share capital		1,776	1,766
Retained earnings		5,461	5,634
Accumulated other comprehensive loss		(1,116)	(1,231)
Equity holders of Agrium		6,121	6,169
Non-controlling interest		7	5
Total equity		6,128	6,174
Total		$ 17,942	$ 16,963
[1]	Debentures have various provisions that allow redemption prior to maturity, at our optio n, at specified prices.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Cash flows from (used in) operating activities [abstract]
Net earnings from continuing operations		$ 502	$ 584
Adjustments to reconcile profit (loss) [abstract]
Depreciation and amortization		530	493
Earnings from associates and joint ventures		(39)	(66)
Share-based payments		69	55
Unrealized (gain) loss on derivative financial instruments		1	36
Unrealized foreign exchange loss (gain)		31	(19)
Interest income		(59)	(66)
Finance costs		311	278
Income taxes		203	228
Other		34	23
Interest received		61	66
Interest paid		(308)	(272)
Income taxes received (paid)		(20)	(291)
Dividends from associates and joint ventures		18	116
Net changes in non-cash working capital		(15)	472
Cash provided by operating activities		1,319	1,637
Cash flows from (used in) investing activities [abstract]
Business acquisitions, net of cash acquired		(203)	(342)
Capital expenditures		(677)	(701)
Capitalized borrowing costs		(12)	(24)
Purchase of investments		(63)	(77)
Proceeds from sale of investments		69	97
Proceeds from sale of property, plant and equipment		34	16
Other		(19)	33
Net changes in non-cash working capital		(51)	5
Cash used in investing activities		(922)	(993)
Cash flows from (used in) financing activities [abstract]
Short-term debt		258	(188)
Repayment of long-term debt		(110)	(17)
Dividends paid		(483)	(482)
Cash used in financing activities		(335)	(687)
Effect of exchange rate changes on cash and cash equivalents		(12)	(67)
(Decrease) increase in cash and cash equivalents from continuing operations		50	(110)
Cash and cash equivalents (used in) provided by discontinued operations	[1]	4	7
Cash and cash equivalents - beginning of period		412	515
Cash and cash equivalents - end of period		$ 466	$ 412
[1]	No cumulative income or expenses are included in other comprehensive income related to CPO.

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Common shares [member]	Equity attributable to owners of parent [member]	Share capital [member]	Retained earnings [member]	Cash flow hedges [member]	Comprehnsive loss [member]Joint ventures [member]Associates [member]	Foreign currency translation [member]	Total other comprehensive income [member]	Non-controlling interests [member]
Begininng balance at Dec. 31, 2015	$ 6,007		$ 6,003	$ 1,757	$ 5,533	$ (56)	$ (17)	$ (1,214)	$ (1,287)	$ 4
Beginning balance, shares at Dec. 31, 2015		138
Net earnings	596		592	0	592	0	0	0	0	4
Other comprehensive income [abstract]
Post-employment benefits	(7)		(7)	0	(7)	0	0	0	0	0
Other	31		31	0	0	6	(34)	59	31	0
Comprehensive income (loss), net of tax	620		616	0	585	6	(34)	59	31	4
Dividends	(484)		(484)	0	(484)	0		0	0	0
Non-controlling interest transactions	(3)		0	0	0	0		0	0	(3)
Share-based payment transactions	9		9	9	0	0		0	0	0
Reclassification of cash flow hedges, net of tax	25		25	0	0	25		0	25	0
Ending Balance at Dec. 31, 2016	6,174		6,169	1,766	5,634	(25)	(51)	(1,155)	(1,231)	5
Ending balance, shares at Dec. 31, 2016		138
Net earnings	315		310	0	310	0	0	0	0	5
Other comprehensive income [abstract]
Post-employment benefits	(3)		(3)	0	(3)	0	0	0	0	0
Other	83		82	0	0	(67)	(39)	188	82	1
Comprehensive income (loss), net of tax	395		389	0	307	(67)	(39)	188	82	6
Dividends	(483)		(483)	0	(483)		0		0	0
Non-controlling interest transactions	(3)		1	0	3		0	(2)	(2)	(4)
Share-based payment transactions	10		10	10	0		0		0	0
Reclassification of cash flow hedges, net of tax	35		35	0	0	35	0		35	0
Ending Balance at Dec. 31, 2017	$ 6,128		$ 6,121	$ 1,776	$ 5,461	$ (57)	$ (90)	$ (969)	$ (1,116)	$ 7
Ending balance, shares at Dec. 31, 2017		138

Consolidated Statement of Stoc7

Consolidated Statement of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Statement of changes in equity [abstract]
Dividends, per share	$ 3.5	$ 3.5

CORPORATE INFORMATION

CORPORATE INFORMATION	12 Months Ended
	Dec. 31, 2017
Disclosure of transactions between related parties [abstract]
CORPORATE MANAGEMENT	1 . C ORPORATE INFORMATION Agrium Inc. (“Agrium”) is incorporated under the laws of Canada. Our Corporate head office is located at 13131 Lake Fraser Drive S.E., Calgary, Canada. We conduct our operations globally from our Wholesale head office in Calgary and our Retail head office in Loveland, Colorado, United States. In these financial statements , “we”, “us”, “our” and “Agrium” mean Agrium Inc., its subsidiaries and its joint arrangements, until December 31, 2017. On January 1, 2018 , after receiving all required regulatory approvals, Agrium and Potash Corporation of Saskatchewan Inc. (“PotashCorp ”) combined their businesses in a merger of equals by becoming wholly owned subsidiaries of a new parent company named Nutrien Ltd. (“Nutrien”). On January 2, 2018, the merged entity began trading on the Toronto Stock Exchange and New York Stock Exchange ( “NYSE”) under the symbol NTR, and the shares of Agrium and PotashCorp were delisted. Shareholders of Agrium received 2.23 0 common shares of Nutrien for each Agrium share held and shareholders of PotashCorp received 0.40 0 common shares of Nutrien for each PotashCorp share held . The exchange ratios represent the respective closing share prices of each company’s common shares at market close on the NYSE on August 29, 2016, the last trading day prior to when the companies announced that they were in preliminary discussions regarding a merger of equals, which is consistent with the approximate 10-day and 60-day volume weighted average prices through that date. PotashCorp is the acquirer for accounting purposes, and as a result, the financial statement s and related notes of Nutrien in 2018 and beyond will reflect the operations of Nutrien . Figures for 2017 and prior will reflect operations of PotashCorp. The purchase consideration is approximately $ 16 -billion. Valuations to determine the fair value of a ssets acquired and liabilities assumed are not yet complete due to the recent closing date of the merger. Agrium completed the dispositions of Conda Phosphate operati ons and North Bend assets on January 1 2 , 2018, as a condition of approval of the merger from the U.S. Federal Trade Commission (FTC), a s further described in note 21 . The companies had previously received unconditional regulatory clearance from Canada, Brazil and Russia. For additional information with respect to the plan of arrangement, please refer to the Joint Management Information Circular of PotashCorp and Agrium dated October 3, 2016, a copy of which has been filed on SEDAR under Agrium's profile at HYPERLINK "http://www.sedar.com" www.sedar.com . Our Executive Leadership Team (ELT) co mprises officers at the Senior Vice President level and above. ELT and Agrium Board of Directors (“Board of Directors”) compensation included in these financial statements: Related party transactions 2017 2016 Short-term benefits 19 19 Post-employment benefits 2 2 Share-based payments 31 24 The ELT is responsible for strategic decision making, resource allocation and assessing financial performance and is identified as our Chief Operating Decision Maker (CODM) for the purposes of reporting segment operations under IFRS. The CODM reviews the results of our operations and our financial position on consolidated, operating segment and business unit levels. Our operating segments are defined by the organization and reporting structure through which we operate our business. We categorize our opera ting segments within the Retail and Wholesale business units as follows: Retail: Distributes crop nutrients, crop protection products, seed and merchandise and provides financial and other services directly to growers through a network of farm centers in t wo geographical segments: North America including the United States and Canada International including Australia and South America W holesale: Produces, markets and distributes crop nutrients and industrial products as follows: Nitrogen: Manufacturing in Al berta and Texas Potash: Mining and processing in Saskatchewan Phosphate: Production facilities in Alberta and, prior to the Conda Phosphate operations disposition as described in note 21 , mining facilities in Idaho Wholesale Other: Producing blended crop nutrients and Environmentally Smart Nitrogen® polymer-coated nitro gen crop nutrients; and operating joint ventures and associates. Principal subsidiaries, associates and joint ventures Relationship/ Method of Ownership Location Principal activity accounting Agrium Canada Partnership Subsidiary, 100% Canada Manufacturer and distributor Consolidation of crop nutrients Agrium Potash Ltd. Subsidiary, 100% Canada Manufacturer and distributor Consolidation of crop nutrients Agrium U.S. Inc. Subsidiary, 100% United States Manufacturer and distributor Consolidation of crop nutrients Agroservicios Pampeanos S.A. Subsidiary, 100% Argentina Crop input retailer Consolidation Cominco Fertilizer Partnership Subsidiary, 100% United States Manufacturer and distributor Consolidation of crop nutrients Crop Production Services, Inc. Subsidiary, 100% United States Crop input retailer Consolidation Crop Production Services Subsidiary, 100% Canada Crop input retailer Consolidation (Canada) Inc. Landmark Operations Ltd. Subsidiary, 100% Australia Crop input retailer Consolidation Loveland Products Inc. Subsidiary, 100% United States Crop input developer and Consolidation retailer Misr Fertilizers Production Associate, 26% Egypt Manufacturer and distributor Equity method Company S.A.E. of crop nutrients Profertil S.A. Joint venture, 50% Argentina Manufacturer and distributor Equity method of crop nutrients

OPERATING SEGMENT

OPERATING SEGMENT	12 Months Ended
	Dec. 31, 2017
Disclosure of operating segments [abstract]
OPERATING SEGMENTS	12. OPERATING SEGMENTS Segment information 2017 North Wholesale America International Retail Nitrogen Potash Phosphate Other Wholesale Other (a) Total Sales – external 9,874 2,182 12,056 755 386 115 454 1,710 - 13,766 – inter-segment 47 - 47 254 133 122 140 649 (696) - Total sales 9,921 2,182 12,103 1,009 519 237 594 2,359 (696) 13,766 Earnings (loss) before finance costs and income taxes 716 174 890 209 105 4 99 417 (291) 1,016 Depreciation and amortization 273 16 289 79 113 17 13 222 19 530 EBITDA (b) 989 190 1,179 288 218 21 112 639 (272) 1,546 Earnings from associates and joint ventures 7 2 9 - - - 30 30 - 39 Total assets 8,668 1,570 10,238 2,330 3,629 303 702 6,964 740 17,942 Additions to non-current assets (c) 423 39 462 313 46 226 48 633 8 1,103 Segment information 2016 North Wholesale America International Retail Nitrogen Potash Phosphate Other Wholesale Other (a) Total Sales – external 9,565 2,158 11,723 860 280 148 446 1,734 - 13,457 – inter-segment 43 - 43 284 139 141 130 694 (737) - Total sales 9,608 2,158 11,766 1,144 419 289 576 2,428 (737) 13,457 Earnings (loss) before finance costs and income taxes 676 141 817 329 10 23 139 501 (228) 1,090 Depreciation and amortization 249 25 274 75 99 16 13 203 16 493 EBITDA (b) 925 166 1,091 404 109 39 152 704 (212) 1,583 Earnings (loss) from associates and joint ventures 4 2 6 - - - 61 61 (1) 66 Total assets 8,144 1,338 9,482 1,812 3,666 808 675 6,961 520 16,963 Additions to non-current assets (c) 405 30 435 444 70 46 20 580 5 1,020 Non-cash s hare-based payments expense of $ 69 -million ( 2016 – $ 55 -million) is recorded in our Other segment. EBITDA is net earnings (loss) before finance costs, income taxes, depreciation and amortization, and net earnings (loss) from discontinued operations. Additions to non-current assets include property, plant and equipment, intangibles and goodwill. Retail sales by product line 2017 2016 Crop nutrients 4,121 4,310 Crop protection products 4,937 4,684 Seed 1,628 1,462 Merchandise 683 621 Services and other 734 689 12,103 11,766 Key data by geographic region 2017 2016 Non- Non- current current Sales (a) assets (b) Sales (a) assets (b) Canada 2,416 4,829 2,437 4,430 United States 8,978 4,838 8,672 4,898 Europe 178 2 182 5 South America 431 213 396 197 Australia 1,679 260 1,769 222 Egypt - 238 - 285 Other 84 5 1 3 13,766 10,385 13,457 10,040 (a) Sales by location of customers. (b) Excludes financial instruments and deferred tax assets. Our CODM measures performance and allocates resources based on information it considers most relevant in evaluating the results of business units and operating segments relative to other entities that operate in similar industries. The main operating measures the CODM reviews on a regular basis are consolidated, business unit and segment EBITDA. The CODM does not review Retail net earnings information by product line, reflecting how Retail aggregates expenses and net earnings in its accounting records and financial reports. The CODM also does not regularly review (a) financial information aggregated on any other product line or geographic basis or (b) segment finance costs, income taxes or balance sheet information. We have not aggregated any operating segments in determining our reportable segments. We continually monitor changes in facts and circumstances that could change the composition of our operating segments, as determined by the information regularly reviewed by the CODM. The accounting policies of segments are the same as the accounting polici es described in note 25 . We record sales between operating segments at prices equivalent to those charged to third parties. We eliminate such sales on consolidation. We report a non-operating segment, “Other”, for inter-segment eliminations and corpora te functions.

CAPITAL MANAGEMENT

CAPITAL MANAGEMENT	12 Months Ended
	Dec. 31, 2017
Disclosure of significant accounting policies [abstract]
CAPITAL MANAGEMENT	3 . CAPITAL MANAGEMENT Policies and objectives in managing capital Agrium defines capital as adjusted total debt plus total equity. Our objectives for managing capital are to (a) maintain a strong balance sheet and flexible capital structure to optimize the cost of capital at an acceptable level of risk, (b) support an investment grade credit rating profile, (c) improve the overall efficiency of our assets and deliver on our growth opportunities to grow our earnings, and (d) maximize total shareh older return. To maintain or adjust our capital structure, we may adjust the amount of dividends paid to shareholders, issue new shares, buy back shares, issue or redeem debt, sell trade receivables through our securitization program, or adjust anticipate d future capital expenditures and resources available for other growth opportunities. Our authorized share capital consists of unlimited common shares without par value and unlimited preferred shares. Information monitored to manage capital 2017 Target December 31, 2017 2016 Net debt to EBITDA 3.1 3.0 Debt covenant ratios (a) Interest coverage (b) ≥ 2.5 5 6 Debt-to-capital (c) ≤ 0.65 0.45 0.44 Retail measures (%) Average non-cash working capital to sales 16 17 17 Return on operating capital employed (d) N/A 19 18 Return on capital employed (e) N/A 11 10 Components of ratios EBITDA 1,546 1,583 Calculation of components of ratios 1) Net debt Short-term debt 867 604 Long-term debt, including current portion 4,408 4,508 Cash and cash equivalents (466) (412) Net debt 4,809 4,700 2) Adjusted total debt Guarantees and letters of credit (specified in credit facility agreements) 286 242 Adjusted total debt 5,095 4,942 Our revolving credit facilities and trade receivable securitization program require that we maintain these ratios as well as other non-financial covenants. We were in compliance with all covenants at December 31, 2017 . EBITDA d ivided by finance costs , which includes finance costs related to long-term debt plus other finance costs Adjusted total debt divided by the sum of adjusted total debt and total equity Last 12 months’ net earnings before finance costs, income taxes and earnings from disconti nued operations (EBIT) less income taxes at a tax rate of 28 percent ( 2016 – 28 percent) divided by rolling four quarter average operating capital employed. Operating capital employed includes non-cash workin g capital, property, plant and equipment, investments in associates and joint ventures, and other assets. Last 12 months’ EBIT less income taxes at a tax rate of 28 percent ( 2016 – 28 percent) divided by roll ing four quarter average capital employed. Capital employed includes operating capital employed, intangibles and goodwill.

FINANCIAL RISK MANAGEMENT

FINANCIAL RISK MANAGEMENT	12 Months Ended
	Dec. 31, 2017
Disclosure of detailed information about financial instruments [abstract]
FINANCIAL RISK MANAGEMENT	4 . FINANCIAL RISK MANAGEMENT Financial r isk management objectives and policies In the normal course of business, our balance sheet, results of operations and cash flows are exposed to various risks. A nnual ly , we prepare a strategic plan that considers the opportunities and major risks of our business and mitigatin g factors to reduce these risks. The Board of Directors has set upper limits on the time periods and transactional and balance sheet exposure s management can manage . Our Corporate Finan cial Risk Committee reviews risk management policies and procedures annually and monitors compliance with these limits and associated exposure management activity. We manage risk in accordance with our Global Exposure Management Policy , whose objective is to reduce volatility in cash flow s and net earnings. We hold all derivative financial instruments for risk management purposes only. Risks we manage are described under Risk Management Policies in section (j). b) Market risk – currency risk Foreign exchange derivative financial instruments outstanding (notional amounts in millions) December 31, 2017 2016 Average Fair value Average Fair value contract of assets contract of assets Sell/Buy Notional Maturities price (a) (liabilities) Notional Maturities price (a) (liabilities) Forwards USD/CAD 338 2018 1.28 8 - - - - CAD/USD 266 2018 1.28 (6) 180 2017 1.34 - EUR/USD 28 2018 0.84 (1) - 2017 0.94 - USD/AUD 15 2018 1.31 - 14 2017 1.32 (1) AUD/USD 20 2018 1.29 - 22 2017 1.34 1 CNY/AUD 31 2018 6.97 (1) 23 2017 7.16 - Options CAD/USD – buy USD calls 126 2018 1.29 1 - - - - CAD/USD – sell USD puts 126 2018 1.25 (2) - - - - AUD/USD – buy USD calls 33 2018 1.35 - - - - - (1) - Foreign currency per U.S. dollar We determine the functional currency of our subsidiaries in reference to the primary economic environment in which each entity operates. We are exposed to currency risk from financial instruments denominated in currencies other than the functional currency of an operation. The majority of this currency risk arises from exposure to the Canadian dollar. We manage this exposu re by entering into foreign currency derivative contracts. Although the derivatives have not been designated in hedging relationships, our risk management strategy is to offset substantially all of the earnings impact from the translation of the underlying financial instruments that could occur from a reasonably possible strengthening or weakening of the U.S. dollar. Market risk – commodity price risk Commodity price risk management and cash flow hedges Natural gas is a significant component of our cost of product sold for nitrogen-based fertilizers. We use physical contracts and financial derivative contracts to manage the risk of market fluctuations in natural gas prices and to reduce the variability of cash flows from our planned purchases of natural gas used in our fertilizer production facilities. The Board of Directors has established limits on risk management activities, including the following: Use of derivatives to hedge exposure to natural gas market price risk Term (gas year – 12 months ending October 31) 2018 2019 2020 2021 Maximum allowable (% of forecast gas requirements) 75 75 75 25 (a) Forecast average monthly natural gas consumption (millions of MMBtu) 9 9 9 9 Gas requirements hedged using derivatives designated as hedges (%) 33 24 - - (a) Maximum monthly hedged volume may not exceed 90 percent of planned monthly requirements. We designate all of our natural gas derivatives as qualifying hedges for accounting purposes. The contracts settle in the months hedged using AECO futures price indexes, which we use to determine fair value. The contracts are denominated in Canadian dollars for purchases of gas in Canadian dollars. At the inception of each designated derivative contract, we prepare formal designation and documentation of the hedging relationship and our risk management objective and strategy for undertaking the hedge. We record the effective portion of changes in fair value to other comprehensive income. We record any ineffective portion to earnings. The underlying risk of the derivative contracts is identical to the hedged risk; accordingly, we have established a rat io of 1:1 for all natural gas hedges. Due to a strong correlation between AECO future contract prices and our delivered cost, we did not experience any ineffectiveness on our hedges, and accordingly we have recorded the full change in the fair value of the natural gas derivative contracts designated as hedges to other comprehensive income. Potential sources of ineffectiveness are changes in timing of forecast transactions, changes in volume delivered or changes in credit risk of Agrium or the counterparty. Natural gas derivative financial instruments outstanding (notional amounts in millions of MMBtu) December 31, 2017 2016 Average Fair value Average Fair value contract of assets contract of assets Notional Maturities price (a) (liabilities) Notional Maturities price (a) (liabilities) AECO swaps 70 2018–2019 2.43 (70) 48 2017–2018 2.90 (21) U.S. dollars per MMBtu Maturities of natural gas derivative contracts Fair value 2018 2019 AECO swaps (52) (18) Natural gas derivative financial instruments outstanding December 31, 2017 2016 Gross Carrying Gross Carrying amount Netting amount amount Netting amount Accounts receivable 48 (48) - 65 (64) 1 Other assets 35 (25) 10 51 (51) - Accounts payable (99) 47 (52) (73) 67 (6) Other liabilities (54) 26 (28) (64) 48 (16) (70) - (70) (21) - (21) Impact of change in fair value of natural gas derivative financial instruments December 31, 2017 2016 A $10-million impact to other comprehensive income requires movement in gas prices per MMBtu 0.22 0.29 d) Market risk – interest rate risk Impact of change in short-term debt (basis points) December 31, 2017 A $10-million decrease in net earnings requires an increase in interest rates 158 Sensitivity – impact of change in fair value of debentures December 31, 2017 Interest rate increase of 1% (428) Interest rate decrease of 1% 504 The weighted average effective interest rate on long-term debt at December 31, 2017 , was 5 percent (December 31, 2016 – 5 percent). e) Credit risk Maximum exposure to credit risk December 31, Notes 2017 2016 Cash and cash equivalents 466 412 Accounts receivable 21 2,406 2,208 Other current assets 118 121 Other non-current assets 32 28 3,022 2,769 Derivatives and cash and cash equivalents – risk concentration At December 31, 2017 , our counterparties to derivative financial instruments have maintained an investment grade credit rating, and we have no indication that any counterparty to a derivative financial contract or to cash and cash equivalents will be unable to meet its obligat ions. Liquidity risk The table below summarizes the maturity profile of our financial liabilities based on contractual undiscounted payments , including estimated interest payments. The amounts included for derivative financial instruments are subject to change as interest rates, exchange rates or commodity prices change. Less One Four More Carrying Contractual than one to three to five than five December 31, 2017 amount cash flows year years years years Short-term debt 867 867 867 - - - Accounts payable 3,495 3,495 3,495 - - - Current portion of long-term debt 11 11 11 - - - Long-term debt 4,397 7,606 219 868 862 5,657 Other liabilities 32 32 - 19 5 8 Foreign exchange derivative contracts 10 10 10 - - - Natural gas derivative contracts 80 80 52 28 - - 8,892 12,101 4,654 915 867 5,665 Netting arrangements We enter into derivative transactions under master netting arrangements, under which we aggregate the amounts owed by each counterparty for all contracts outstanding in the same currency or commodity into a single net amount receivable or payable by us or our counterparty. If a default occurs, all outstanding transactions under the a rrange ment are terminated and the net termination value is receivable or payable for settlement purposes. We record the carrying amounts of our foreign exchange derivative contracts on a gross basis and the carrying amounts of our natural gas derivative contracts on a net basis. h) Gain (loss) on derivative financial instruments included in earnings 2017 2016 Realized Unrealized Total Realized Unrealized Total gain (loss) gain (loss) gain (loss) gain (loss) gain (loss) gain (loss) Foreign exchange derivatives Recorded in sales - (5) (5) (4) 1 (3) Recorded in cost of product sold 1 - 1 2 - 2 Recorded in other expenses (5) 4 (1) (7) (37) (44) (4) (1) (5) (9) (36) (45) Commodity derivatives Recorded in cost of product sold (48) - (48) (34) - (34) (48) - (48) (34) - (34) (52) (1) (53) (43) (36) (79) Fair value hierarchy We determine the fair value of financial instruments classified as Level 1 using independent quoted market prices for identical instruments in active markets. For financial instruments classified as Level 2, we estimate fair value using quoted prices for similar instruments in active markets or prices for identical or similar instruments in markets that are not active, or using valuation techniques based on industry-accepted third-party models that make maximum use of market-based i nputs. We classify fair value estimates not based on observable market data as Level 3. We consider a market active if quoted prices are readily and regularly available and based on actual and regularly occurring market transactions. For any significant Le vel 3 measurements, we employ a valuation team or retain valuation experts to calculate certain measurements, and we review any third-party information we use. We monitor the availability of observable market data to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or market liquidity generally drive changes in the availability of observable market data. Changes in the availability of observable market data that may result in cha nging the valuation technique used are generally the cause of transfers between hierarchy levels. We have not made any transfers between levels during 2017 or 2016 . We do not measure any of our financial instruments using Level 3 inputs. Fair value measurement techniques and inputs for financial instruments measured using Level 2 inputs Financial instrument Measurement technique Key inputs Foreign exchange forward contracts, Discounted cash flow Forward exchange rates, contract forward and swaps and options interest rates, observable yield curves Natural gas swaps Market comparison Current market and contractual prices, forward pricing curves, quoted forward prices, basis differentials, volatility factors and interest rates December 31, 2017 2016 Fair value Carrying Fair value Carrying Level 1 Level 2 value Level 1 Level 2 value Financial instruments measured at fair value on a recurring basis Cash and cash equivalents - 466 466 - 412 412 Accounts receivable – derivatives - 9 9 - 2 2 Other current financial assets – marketable securities (a) 18 100 118 22 99 121 Other non-current financial assets – derivatives - 10 10 - - - Accounts payable – derivatives - 62 62 - 7 7 Other financial liabilities – derivatives - 28 28 - 16 16 Financial instruments measured at amortized cost Current portion of long-term debt (b) Debentures - - - - 101 100 Fixed and floating rate debt - 11 11 - 10 10 Long-term debt (b) Debentures - 4,909 4,376 - 4,600 4,373 Fixed and floating rate debt - 21 21 - 25 25 (a) Marketable securities consist of equity and fixed income securities. We determine the fair value of equity securities based on the bid price of identical instruments in active markets. We value fixed income securities using quoted prices of instruments with similar terms and credit risk. ( b ) We determine the fair value of long-term debt based on comparable debt instruments with similar maturities to our debt, adjusted where necessary to our credit spread, based on information published by fin ancial institutions. Carrying amount of floating rate debt approximates fair value. j) Risk management policies and practices Policies, practices and financial Item Primarily affected by instruments used Sales Product prices and foreign currency Foreign currency forward and swap exchange rates contracts Cost of product sold – natural gas Prices of natural gas and power Natural gas forward, swap and option and power contracts; power swap contracts Cost of product sold – inventory Prices of nutrients purchased for resale Nutrient swaps and fixed price purchased for resale product purchase commitments Cost of product sold, selling, general Foreign currency exchange rates Foreign currency forward and swap and administrative, and other contracts expenses denominated in local currencies Capital expenditures Foreign currency exchange rates Foreign currency forward and swap contracts Finance costs USD interest rates Maintaining a combination of fixed and floating rate debt; interest rate swaps to manage risk for up to 10 years Financial instruments Market risk – currency risk USD balances in Canadian, Australian, Foreign currency forward and swap European and South American contracts to manage risk for up to subsidiaries; foreign currencies held in three years USD-denominated subsidiaries Market risk – commodity price risk Market prices of natural gas, power and Natural gas forward, swap and option (natural gas, power and nutrient nutrients contracts; power swap contracts price risk) to manage power price risk for up to five years; nutrient swap contracts up to one year Market risk – interest rate risk Changes in market interest rates Maintaining a combination of fixed Floating: short-term debt, floating and floating rate debt; interest rate rate long-term debt, cash and cash swaps to manage risk for up to 10 equivalents years; cash management policies Fixed: long-term debt Credit risk Ability of customers or counterparties to Credit approval and monitoring financial instruments to meet obligations practices; counterparty policies; master netting arrangements; counterparty credit policies and limits; arrangements with financial institutions Liquidity risk Fluctuations in cash flows Preparing and monitoring forecasts of cash flows; cash management policies; multiple-year credit facilities

EXPENSES

EXPENSES	12 Months Ended
	Dec. 31, 2017
Expenses by nature [abstract]
EXPENSES	15. EXPENSES Expenses by nature 2017 2016 (Increase) decrease in finished goods inventory (5) 7 Purchased and produced raw materials and product for resale 11,144 10,726 Rebates (1,244) (1,195) Freight and distribution 543 588 Short-term employee benefits 1,349 1,275 Post-employment benefits 55 54 Share-based payments 69 55 Depreciation of property, plant and equipment 420 385 Amortization of intangibles 110 108 Operating leases 211 197 Other 18 86 12,670 12,286 Expense line items Cost of product sold 10,340 10,078 Selling 2,014 1,913 General and administrative 247 240 Share-based payments 69 55 12,670 12,286 Other expenses 2017 2016 Loss on foreign exchange and related derivatives 14 13 Interest income (59) (66) Asset impairment - 15 Environmental remediation and asset retirement obligations 18 10 Bad debt expense 29 35 Potash profit and capital tax 13 12 Merger and related costs 94 31 Other 10 97 119 147

FINANCE COSTS

FINANCE COSTS	12 Months Ended
	Dec. 31, 2017
Borrowing costs [abstract]
FINANCE COSTS	16. FINANCE COSTS Finance costs related to long-term debt 2017 2016 Gross finance costs related to long-term debt 222 228 Less: Borrowing costs capitalized at a rate of 4.4% (2016 – 4.4%) 12 24 210 204 Other finance costs 2017 2016 Accretion of environmental remediation and asset retirement obligations 8 7 Finance costs from customer prepayments 35 32 Other interest expense 58 35 101 74

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2017
Major components of tax expense (income) [abstract]
INCOME TAXES	17. INCOME TAXES Components of income taxes 2017 2016 Current tax expense 90 196 Previously unrecognized tax assets (4) - Adjustments for prior years (32) - Current income taxes 54 196 Origination and reversal of temporary differences 160 37 Change in income tax rate (a) (11) - Previously unrecognized tax assets - (5) Deferred income taxes 149 32 203 228 U.S. federal corporate income tax rate decreased from 35 percent to 21 percent effective January 1, 2018 . Reconciliation of statutory tax rate to effective tax rate 2017 2016 Earnings before income taxes Canada 16 79 Foreign 689 733 705 812 Statutory rate (%) 27 27 Income taxes at statutory rate 190 219 Foreign currency losses relating to Canadian operations 11 9 Differences in foreign tax rates (14) 5 Earnings from associates and joint ventures (9) (15) U.S. tax reform 9 - Recognition of previously unrecognized tax assets (4) (5) Other 20 15 Income taxes 203 228 Current Canada (11) 23 Foreign 65 173 54 196 Deferred Canada 27 7 Foreign 122 25 149 32 203 228 Components of Components Components deferred income tax recognized not recognized Components of deferred income taxes liabilities (assets) in earnings in earnings 2017 2016 2017 2016 2017 2016 Receivables, inventories and accrued liabilities (162) (162) - (29) - - Property, plant and equipment 748 633 100 92 15 12 Intangibles 57 83 (37) (31) 11 3 Asset retirement and environmental remediation provisions (149) (132) (16) 7 (1) (2) Deferred partnership income - - - (61) - 3 Loss carry-forwards (a) (44) (13) (30) 32 (1) (1) Other (62) (35) (4) 17 (23) 2 Net deferred income tax liabilities 388 374 13 27 1 17 Deferred income tax assets (85) (34) Deferred income tax liabilities 473 408 Net deferred income tax liabilities 388 374 We have not recognized unused tax losses of $ 56 -million ( 2016 – $ 58 -million) expiring through 2037 ( 2016 – expiring through 2036 ) in the consolidated financial statements. We have recognized unused tax losses of $ 38 -million ( 2016 – $ 9 -million – does not expire per current tax legislation) as we expect to earn future taxable income in that tax jurisdiction in 2018 and following years, and the tax losses do not expire until 2037.

POST-EMPLOYMENT BENEFITS

POST-EMPLOYMENT BENEFITS	12 Months Ended
	Dec. 31, 2017
Disclosure of defined benefit plans [abstract]
POST-EMPLOYMENT BENEFITS	18 . POST-EMPLOYMENT BENEFITS We sponsor post-employment pension and medical plans subject to broadly similar regulatory frameworks in Canada and the United States. For funded plans, we contribute to trustee-administered plans that are legally separate from Agrium. Regulations in each country govern the administration of assets that we hold in trust for the plans. We are responsible for governance, which includes oversight of all aspects of the plans, including investment and contri bution decisions. Our pension committee assists in managing the plans, including the appointment of independent trustees, actuaries and investment professionals. Fewer than 5 percent of our employees are members of defined benefit pensio n plans that provide pension benefits at retirement based on years of service and/or earnings. Entitlement to benefits is generally conditional on the employee remaining in service for a minimum period or reaching a specified age. We engage a qualified act uary to perform calculations of our net benefit obligations using the projected unit credit method. Post-employment benefit plans expose us to actuarial risks such as longevity risk, interest rate risk and market (investment) risk. We fund the cost of th e registered and qualified defined benefit pension plans based on minimum statutory requirements. Our contributions include the cost of any current year accrual and any amortized payments relating to past service. We have the right to increase contribution s beyond the minimum requirement. We do not fund the majority of pension obligations for executive plans. Employees cannot contribute to the defined benefit pension plans. The estimated contribution to fund our defined benefit pension plans for 2018 is $ 5 -million. Defined benefit Other post-employment Continuity of obligation and plan assets pension plans benefit plans Plan Plan Obligation assets Net Obligation assets Net Total December 31, 2016 (331) 266 (65) (76) - (76) (141) Expense included in earnings Service cost (7) - (7) (3) - (3) (10) Interest (expense) income (9) 7 (2) (3) - (3) (5) Settlements 3 - 3 - - - 3 Administrative costs - (1) (1) - - - (1) (13) 6 (7) (6) - (6) (13) Included in other comprehensive income Actuarial gain (loss) arising from: Changes in demographic assumptions 1 - 1 - - - 1 Changes in financial assumptions (13) - (13) (5) - (5) (18) Return on plan assets, excluding interest - 12 12 - - - 12 (12) 12 - (5) - (5) (5) Cash flows Employee contributions - - - (1) - (1) (1) Employer contributions 2 19 21 2 - 2 23 Benefits paid 109 (109) - 1 - 1 1 111 (90) 21 2 - 2 23 Foreign currency exchange and translation (13) 11 (2) (4) - (4) (6) December 31, 2017 (258) 205 (53) (89) - (89) (142) Arising from: Funded plans (194) - (194) Unfunded plans (64) (89) (153) December 31, 2017 (258) (89) (347) Defined benefit Other post-employment Continuity of obligation and plan assets pension plans benefit plans Plan Plan Obligation assets Net Obligation assets Net Total December 31, 2015 (310) 253 (57) (67) - (67) (124) Expense included in earnings Service cost (6) - (6) (3) - (3) (9) Past service cost (2) - (2) - - - (2) Interest (expense) income (13) 10 (3) (2) - (2) (5) Settlements 3 - 3 - - - 3 (18) 10 (8) (5) - (5) (13) Included in other comprehensive income Actuarial gain (loss) arising from: Liability experience adjustments (1) - (1) (1) - (1) (2) Changes in financial assumptions (12) - (12) (1) - (1) (13) Return on plan assets, excluding interest - 5 5 - - - 5 (13) 5 (8) (2) - (2) (10) Cash flows Employee contributions - - - (1) - (1) (1) Employer contributions 2 7 9 2 - 2 11 Benefits paid 14 (14) - 1 - 1 1 16 (7) 9 2 - 2 11 Foreign currency exchange and translation (6) 5 (1) (4) - (4) (5) December 31, 2016 (331) 266 (65) (76) - (76) (141) Arising from: Funded plans (276) - (276) Unfunded plans (55) (76) (131) December 31, 2016 (331) (76) (407) Post-employment benefits expense 2017 2016 Defined contribution pension plans 52 50 Defined benefit pension plans 7 8 Other post-employment benefit plans 6 5 65 63 Expense line items Cost of product sold 34 30 General and administrative 21 24 Other expenses 5 4 Other finance costs 5 5 65 63 Assumptions and sensitivities Future benefits Future benefits Actuarial assumptions (%) obligation expense (expressed as weighted averages) 2017 2016 2017 2016 Defined benefit pension plans Discount rate 3 4 3 3 Expected long-term rate of return on assets N/A N/A 3 3 Rate of increase in compensation levels 3 3 3 3 Other post-employment benefit plans Discount rate 4 4 4 4 Basis for key assumptions Discount rate – liabilities High-quality (minimum AA) fixed income investments with cash flows that match the currency, timing and amount of the expected cash flows of the plans Rate of return – assets Long-term expectations of inflation and real return for each asset class, weighted in accordance with the investment policy for the plans Real returns and inflation Current market conditions, historical capital market data and future expectations Life expectancy Actuarial mortality tables published in Canada and the United States 2017 2016 Assumed and ultimate health care cost trend rates Health care cost trend rate assumed for the next fiscal year (%) 6 7 Ultimate health care cost trend rate (%) 5 5 Fiscal year the rate reaches the ultimate trend rate 2023 2023 Mortality assumptions per latest available standard mortality tables (remaining years) Average life expectancy – currently aged 60 years (2016 - 65 years) Male 25 22 Female 27 24 Average duration of benefit obligation (years) Active members 19 18 Retired members 12 11 Average duration of the benefit obligation 15 14 A 1 percent change in discount rate would change our defined benefit obligation by $ 53 -million. Asset allocation and investment strategy Our investment objective for our defined benefit pension plans is to maximize long-term return on plan assets using a mix of equities and fixed - income investments while maintaining an appropriate level of risk. O ur policy is to not invest in commodities, precious metals, mineral rights, bullion or collectibles. We may use d erivative financial instruments to create a desirable asset mix position, adjust the duration of a fixed income portfolio, replicate the invest ment performance of interest rates or a recognized capital market index, manage currency exposure or reduce risk. We do not use d erivative financial instruments to create exposures to securities that our investment policy would not permit. Target Defined benefit pension plans – asset allocation allocation Plan assets Asset categories (%) 2018 2017 2016 Equity securities (with quoted market prices) 46 Canadian equity funds 13 11 U.S. equity funds 3 1 International equity funds 26 15 Emerging market equity funds 7 4 Debt securities (with quoted market prices) 53 Canadian debt securities 50 34 U.S. debt securities 1 22 Cash and other 1 - 13

SHARE-BASED PAYMENTS

SHARE-BASED PAYMENTS	12 Months Ended
	Dec. 31, 2017
Disclosure of terms and conditions of share-based payment arrangement [abstract]
SHARE-BASED PAYMENTS	9 . SHARE-BASED PAYMENTS Our share-based payments plans provide performance incentives to our officers, senior management, directors and, on a performance-based discretionary basis, other employees. Plan features Form of payment Eligibility Granted Vesting period Term Settlement Stock Options Officers and Annually 25% per year 10 years Shares employees over four years Stock Appreciation Rights Certain employees Annually 25% per year 10 years Cash ("SARs") (a) outside Canada over four years Performance Share Units Executive officers Annually On third N/A Cash ("PSUs") and other eligible anniversary of employees grant date Restricted Share Units Eligible employees Annually On third N/A Cash ("RSUs") anniversary of grant date Director Deferred Share Non-executive At the discretion Fully vested N/A In cash on Units ("DSUs") directors of the Board of upon grant director's departure Directors from the Board of Directors Effective January 1, 2015, tandem stock appreciation rights (TSARs) were no longer issued to eligible officers and employees. TSARs granted in Canada prior to January 1, 2015 have similar terms and vesting conditions to SARs and also provide the holder with the ability to choose between (a) receiving the price of our shares on the date of exercise in excess of the exercise price of the right and (b) receiving common shares by paying the exercise price of the right. Our past experience and future expectat ion is that substantially all option holders will elect to exercise their options as a SAR, surrendering their options and receiving settlement in cash. TSARs are included with the SARs disclosure in the following tables. Stock Option and Stock Appreciation Rights Plans Stock option and SAR activity (number of units in thousands; weighted average exercise price in U.S. dollars) 2017 2016 Exercise Exercise Units price Units price Outstanding, beginning of year 2,393 93.33 2,130 92.78 Granted 523 103.22 603 84.37 Forfeited (4) 95.01 (8) 68.39 Exercised (228) 89.99 (329) 73.31 Expired (3) 55.97 (3) 90.52 Outstanding, end of year (a) 2,681 95.64 2,393 93.33 Exercisable, end of year 1,333 93.20 1,088 90.70 Maximum available for future grants, end of year 4,712 4,973 Weighted average fair value of outstanding 26.21 24.24 Weighted average share price at exercise date 109.14 99.01 (a ) Includes 1,300 thousand SARs ( 2016 – 1,456 thousand), of which 775 thousand ( 2016 – 960 thousand) issued prior to January 1, 2015 have options attached. Stock options and SARs with options attached are potentially dilutive. Stock options and SARs outstanding (number of units in thousands; weighted average remaining contractual life in years; weighted average exercise price in U.S. dollars) At December 31, 2017 Options outstanding Options exercisable Remaining contractual Exercise Exercise Range of exercise prices life Units price Units price Less than $86.32 7 720 79.27 268 70.67 $86.33 to $90.83 5 586 89.98 461 89.83 $90.84 to $102.18 4 348 98.64 347 98.64 $102.19 to $109.55 8 532 103.22 9 103.45 $109.56 to $115.87 6 495 115.87 248 115.87 6 2,681 95.64 1,333 93.20 Performance and Restricted Share Unit s Each PSU and RSU confers a right to the holder to receive a cash payment of the fair market value of a common share of Agrium. Holders are also entitled to the value of dividends paid on common shares in the form of additional rights or units. PSUs vest based on total shareholder return over a three-year performance cycle , compared to the average quarterly total shareholder return of a peer group of companies over the same period . For PSUs granted after January 1, 2 015, free cash flow per share over a three-year performance cycle is compared to targets approved by the Board of Directors as an additional performance condition. We base t he value of each PSU granted on the average closing price of our common share s on t he NYSE during the last five days of the three -year cycle. RSUs are not subject to performance conditions and vest at the end of the three-year vesting period . We determine the fair value of stock options and SARs using a Black-Scholes model and the fair value of PSUs and RSUs using a Monte Carlo simulation model. We estimate expected annual volatility taking into consideration historic share price volatility. PSU and RSU activity (number of units in thousands) 2017 2016 PSU RSU PSU RSU Outstanding, beginning of year 614 262 608 121 Granted 336 121 198 146 Forfeited (5) (9) (4) (5) Exercised (323) (1) (188) - Outstanding, end of year 622 373 614 262 Weighted average fair value of outstanding 137.41 112.35 121.41 100.25 Other information Compensation expense by plan 2017 2016 Stock options 11 8 SARs 3 3 TSARs 5 1 PSUs 31 29 RSUs 15 10 DSUs 4 4 69 55 Liabilities for cash-settled plans December 31, 2017 2016 Total fair value liability for cash-settled plans 135 115 Total intrinsic liability for cash-settled plans 130 100 At December 31, 2017 , unrecognized compensation expense for unvested awards was $ 52 -million. During 2017 , we settled $ 40 -million of awards in cash ( 2016  $ 41 -million). Valuation model inputs December 31, 2017 2016 Grant price (NYSE closing price on day immediately preceding grant date) 96.67 92.86 Share price (NYSE closing price at December 31) 115.00 100.55 Expected annual volatility (%) 25.10 28.33 Risk-free interest rate (%) 1.74 1.54 Expected annual dividend yield (%) 3.04 3.48 Expected life (years) 4 5 Forfeiture rate (%) 0.57 0.59

CASH FLOW INFORMATION

CASH FLOW INFORMATION	12 Months Ended
	Dec. 31, 2017
Statement of cash flows [abstract]
CASH FLOW INFORMATION	20. CASH FLOW INFORMATION Cash and cash equivalents December 31, 2017 2016 Cash 447 408 Short-term investments (original maturity of three months or less) 19 4 466 412 Net changes in non-cash operating working capital 2017 2016 Accounts receivable (175) (177) Inventories (151) 230 Prepaid expenses and deposits (156) (137) Accounts payable 467 556 (15) 472

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	12 Months Ended
	Dec. 31, 2017
Trade and other receivables [abstract]
ACCOUNTS RECEIVABLE	11 . ACCOUNTS RECEIVABLE Trade accounts receivable are primarily concentrated in the agriculture sector. We determine and monitor concentrations of credit risk using our aging analysis of trade receivables. December 31, 2017 2016 Trade accounts 2,247 1,980 Allowance for doubtful accounts (78) (76) Rebates 163 250 Other non-trade accounts 49 36 Derivative financial instruments 9 2 Other taxes 16 16 2,406 2,208 Trade accounts receivable – aging December 31, 2017 2016 Allowance for Allowance for doubtful doubtful Gross accounts Gross accounts Not past due 1,762 (4) 1,597 (10) 30 days or less 210 - 152 (3) 31–60 days 78 - 43 (2) 61–90 days 32 (1) 21 (2) Greater than 90 days 165 (73) 167 (59) 2,247 (78) 1,980 (76) Trade accounts receivable – risk concentration Geographic and industry diversity and crop insurance programs in Canada and the United States mitigate concentration of risk in the agriculture sector. Our Wholesale business unit diversifies and mitigates risk concentration by selling to industrial customers outside the agriculture sector and by using letters of credit and credit insurance. Based on historical information about default rates and our ana lysis of current receivables, we do not expect any significant losses from trade accounts receivable other than the amounts classified as doubtful accounts. No single customer accounts for more than 10 percent of our sales. Our trade accounts receivable i nclude a concentration in Retail operations in Australia for advances to our customers to purchase crop inputs and livestock. We mitigate risk in these receivables by obtaining security over livestock. In our Retail operations in Western Canada, we also mi tigate credit risk in accounts receivable through an agency agreement with a Canadian financial institution wherein the financial institution provides credit to qualifying Agrium customers to assist in financing their crop input purchases. T hrough t he agen cy agreement , which expires in 2018, customers hav e loans directly with the institution while Agrium has only a limited recourse involvement to the extent of an indemnification of the institution for 50 percent of its future bad debts to a maximum of 5 per cent of the qualified customer loans . Outstanding customer credit with the financial institution was $ 528 -million at December 31, 2017 , which is not recognized in our consolidated balance sheet. Historical indemnification losses on this arrangement have been negligible, and the average aging of the customer loans with the financial institution is current.

INVENTORIES

INVENTORIES	12 Months Ended
	Dec. 31, 2017
Classes of current inventories [abstract]
INVENTORIES	12 . INVENTORIES Wholesale inventories consist primarily of crop nutrients, operating supplies and raw materials, including both direct and indirect production and purchase costs, depreciation and amortization of assets employed directly in production, and freight to transport product to storage facilities. Retail inventories consist primarily of crop nutrients, crop protection products, seed and merchandise and include the cost of delivery to move the product to storage facilities. December 31, 2017 2016 Product for resale (a) 2,571 2,454 Raw materials 383 404 Finished goods 367 372 3,321 3,230 Includes biological assets of $ 6 -million ( 2016 – $ 17 -million) measured at FVLCD, a Level 3 measurement

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2017
Disclosure of detailed information about property, plant and equipment [abstract]
PROPERTY, PLANT AND EQUIPMENT	23. PROPERTY, PLANT AND EQUIPMENT Machinery Buildings and and Assets under December 31, 2017 Land improvements equipment construction (a) Other Total Cost December 31, 2016 134 3,457 4,845 1,453 208 10,097 Additions 5 230 216 440 2 893 Business acquisitions 2 19 19 - - 40 Disposals (2) (19) (216) (4) (3) (244) Transfers (b) - 127 999 (1,139) 13 - Other adjustments (c) (21) (244) (297) (101) (90) (753) Foreign currency translation 2 93 118 11 3 227 December 31, 2017 120 3,663 5,684 660 133 10,260 Accumulated depreciation December 31, 2016 - (692) (2,513) - (74) (3,279) Depreciation - (113) (335) - (10) (458) Disposals - 13 203 - 3 219 Other adjustments (c) - 154 229 - 39 422 Foreign currency translation - (13) (59) - (1) (73) December 31, 2017 - (651) (2,475) - (43) (3,169) Net book value 120 3,012 3,209 660 90 7,091 Assets under construction include assets in the following operating segments: nitrogen assets of $ 452 -million, potash assets of $ 90 -million and $ 118 -million in various other operating segments. Assets in the nitrogen and potash operating segments include greenfield assets of $ 116 -million and brownfield assets of $ 292 -million. We transferred $ 662 -million related to the Borger expansion project from assets under construction to buildings and improvements and machinery and equipment when the assets became ava ilable for use. Other adjustments include assets classified as held for sale with a net book value of $ 291 -million . Machinery Buildings and and Assets under December 31, 2016 Land improvements equipment construction (a) Other Total Cost December 31, 2015 126 3,307 4,379 1,209 185 9,206 Additions 4 42 174 528 1 749 Business acquisitions 6 52 61 - - 119 Disposals (3) (25) (68) - - (96) Transfers - 43 230 (291) 18 - Other adjustments - (37) (14) - - (51) Foreign currency translation 1 75 83 7 4 170 December 31, 2016 134 3,457 4,845 1,453 208 10,097 Accumulated depreciation December 31, 2015 - (603) (2,208) - (62) (2,873) Depreciation - (103) (317) - (11) (431) Disposals - 20 47 - - 67 Foreign currency translation - (6) (35) - (1) (42) December 31, 2016 - (692) (2,513) - (74) (3,279) Net book value 134 2,765 2,332 1,453 134 6,818 Assets under construction include assets in the following operating segments: nitrogen assets of $ 1.2 -billion, potash assets of $ 140 -million and $ 113 -million in various other operating segments. Assets in the nitrogen and potash operating segments include greenfield assets of $ 116 -million and brownfield assets of $ 860 -million. Depreciation of property, plant and equipment 2017 2016 Cost of product sold 222 204 Selling 176 160 General and administrative 22 21 420 385 Depreciation recorded in inventory 11 24 Turnaround costs included in machinery and equipment 2017 2016 Cost Balance, beginning of year 316 273 Additions 111 44 Retirements (86) (1) Other adjustments (36) - Balance, end of year 305 316 Accumulated depreciation Balance, beginning of year (169) (102) Depreciation (57) (68) Retirements 85 1 Other adjustments 26 - Balance, end of year (115) (169) Net book value 190 147 Turnaround costs include replacement or overhaul of equipment and items such as compressors, turbines, pumps, motors, valves, piping and other parts; assessment of production equipment; replacement of aged catalysts; new installation or recalibration of measurement and control devices; and other costs. We capitalize turnaround costs only if they meet the capitalization criteria of IFRS.

INTANGIBLES AND GOODWILL

INTANGIBLES AND GOODWILL	12 Months Ended
	Dec. 31, 2017
Intangible assets and goodwill [abstract]
INTANGIBLES AND GOODWILL	14 . INTANGIBLES AND GOODWILL Intangibles and goodwill primarily arise from business acquisitions. We amortize intangibles based on their estimated useful life except for certain acquired trade names that have indefinite useful lives. Trade Customer Total December 31, 2017 names (a) relationships (b) Technology Other intangibles Goodwill Cost December 31, 2016 30 742 191 278 1,241 2,290 Additions - - 10 11 21 - Business acquisitions - - - 27 27 122 Disposals - - (34) - (34) - Other adjustments - - - 7 7 - Foreign currency translation 4 7 9 6 26 28 December 31, 2017 34 749 176 329 1,288 2,440 Accumulated amortization and impairment losses December 31, 2016 (6) (402) (89) (178) (675) (195) Amortization (1) (50) (20) (39) (110) - Disposals - - 34 - 34 - Other adjustments - - - (7) (7) - Foreign currency translation - (6) (5) (1) (12) (17) December 31, 2017 (7) (458) (80) (225) (770) (212) Net book value 27 291 96 104 518 2,228 Trade names with a net book value of $ 19 -million have indefinite useful lives for accounting purposes. The remaining amortization period of customer relationships at December 31, 2017 , is approximately six years. Trade Customer Total December 31, 2016 names (a) relationships Technology Other intangibles Goodwill Cost December 31, 2015 30 755 148 233 1,166 2,177 Additions - - 15 7 22 - Business acquisitions - 3 - 22 25 105 Other adjustments - (17) 26 16 25 10 Foreign currency translation - 1 2 - 3 (2) December 31, 2016 30 742 191 278 1,241 2,290 Accumulated amortization and impairment losses December 31, 2015 (5) (346) (45) (138) (534) (197) Amortization (1) (56) (18) (33) (108) - Other adjustments - - (26) (7) (33) - Foreign currency translation - - - - - 2 December 31, 2016 (6) (402) (89) (178) (675) (195) Net book value 24 340 102 100 566 2,095 Trade names with a net book value of $ 17 -million have indefinite useful lives for accounting purposes. Amortization of finite-lived intangibles 2017 2016 Cost of product sold 3 3 Selling 99 103 General and administrative 8 2 110 108 Goodwill impairment testing Goodwill by cash generating unit December 31, 2017 2016 Retail – North America 2,090 1,972 Retail – Australia 130 115 Other 8 8 2,228 2,095 In calculating the recoverable amount for goodwill, w e used the FVLCD methodology and incorporated assumptions an independent market participant would apply. We adjust discount rates for each group of cash-generating units (CGU) for the risk associated with achieving our forecasts (five-year projections) and for the currency in which we expect to generate cash flows. FVLCD is a Level 3 measurement. We use our market capitalization and comparative market multiples to corroborate discounted cash flow resul ts. The key assumptions with the greatest influence on our calculation of the recoverable amounts are the discount rates, terminal growth rates and cash flow forecasts for each CGU as derived from our strategic plan. Key inputs to our test of Retail – Nor th America included a pre-tax discount rate of 11.1 percent and a terminal growth rate per annum of 2.5 percent.

INVESTMENTS IN ASSOCIATES AND J

INVESTMENTS IN ASSOCIATES AND JOINT VENTURES	12 Months Ended
	Dec. 31, 2017
Investments In Subsidiaries Joint Ventures And Associates [Abstract]
Disclosure of interests in other entities [text block]	15 . INVESTMENTS IN ASSOCIATES AND JOINT VENTURES We maintain strategic investments in entities in the crop nutrients and related industries. We continuously assess our ability to exercise significant influence or joint control over our investments. Reporting Interest period (%) Location December 31, 2017 2016 Investments in associates Misr Fertilizers Production Company S.A.E. ("MOPCO") – a nitrogen producer September 30 26 Egypt 238 285 Other 108 94 346 379 Investments in joint ventures Profertil S.A. ("Profertil") - a nitrogen producer December 31 50 Argentina 176 162 176 162 522 541 Associates As we have representation on MOPCO’s Board of Directors, we maintain significant influence over MOPCO. We record our share of MOPCO’s earnings on a one-quarter lag because financial statements of MOPCO are not available on the date of issuance of our financial statements. We adjust for the effects of any significant unrecorded transactions or events between MOPCO’s period-end date and our fiscal year-end date. Future conditions, including those related to MOPCO operating in Egypt, which has bee n subject to political instability and civil unrest, may restrict our ability to obtain dividends from MOPCO. We are also exposed to currency risk related to fluctuations in the Egyptian pound against the U.S. dollar. Summarized financial information of MOPCO December 31, 2017 2016 Current assets 158 29 Non-current assets 1,654 1,510 1,812 1,539 Current liabilities 238 207 Non-current liabilities 863 538 1,101 745 Net assets of MOPCO 711 794 Proportionate ownership interest in MOPCO 185 206 Dividend receivable 7 29 Unamortized purchase price adjustment 46 50 Carrying amount of interest in MOPCO 238 285 2017 2016 Sales 421 128 Net earnings 81 149 Other comprehensive loss (158) (131) Total comprehensive (loss) income (77) 18 Proportionate share of MOPCO earnings 21 39 Purchase price adjustment amortization (4) (4) Earnings from MOPCO 17 35 Proportionate share of MOPCO other comprehensive loss (41) (34) Proportionate share of MOPCO total comprehensive (loss) income (24) 1 Dividends received from MOPCO 13 - Canpotex We own a one-third interest in Canpotex Limited (“Canpotex”), which exports the portion of our produced potash that Canpotex sells outside of Canada and the United States. Canpotex is an industry association owned equally by us and two other producers of potash in Canada. We have significant influence through our ability to appoint directors to the Canpotex Board of Directors. We accounted for our investment based on our economic in terest of 8.87 percent ( 2016 – 10.3 percent), which is our allocation of production capacity among the members of the association. Agrium is contractually obligated to reimburse Canpotex for our economic interest of 8.87 percent pro-rata share of any operating losses or other liabilities incurred up to December 31, 2017. There were no such losses in 2017. Following the completion of the m erger, effective January 1, 2018, Nutrien owns a 50 percent voting interest and currently has a 63.82 percent economic interest in Canpotex. Mosaic owns the remaining voting and equity interest in Canpotex. Nutrien guarantees operating losses or other liabilities of Canpotex to the extent of its economic interest. We believe the probability of conditions arising that would trigger any guarantee of Canpotex is remote. Reimbursements, if any, would be made through reductions of future cash receipts from Canpotex. Joint ventures We have a 50 percent ownership interest in Profertil . Based in A rgentin a, Profertil is a producer and wholesale distributor of nitrogen crop nutrients . A contractual agreement establishes joint control over Profertil and provides us with 50 percent of the voting rights. Summarized financial information of Profertil December 31, 2017 2016 Current assets (a) 226 176 Non-current assets 548 595 774 771 Current liabilities (b) 212 195 Non-current liabilities (c) 209 251 421 446 Net assets of Profertil 353 325 Proportionate share of net assets of Profertil 177 163 Elimination of unrealized profit (1) (1) Carrying amount of interest in Profertil 176 162 Includes cash and cash equivalents of $ 12 -million ( 2016 – $ 22 -million) Includes current financial liabilities (excluding trade and other payables and provisions) of $ 77 -million ( 2016 – $ 59 -million) Includes non-current financial liabilities (excluding trade and other payables and provisions) of $ 56 -million ( 2016 – $ 116 -million) 2017 2016 Sales 432 392 Depreciation and amortization 22 26 Interest expense 21 24 Income taxes 20 39 Net earnings 26 51 Total comprehensive income 26 51 Proportionate share of Profertil earnings 13 26 Elimination of unrealized profit - 1 Dividends and interest received from Profertil - 108 Summarized financial information of associates and joint ventures represents amounts that investees have recorded in their financial statements, adjusted for any fair value adjustments at acquisition and adjusted for differences in accounting policies. Transactions with associates and joint ventures 2017 2016 For the year ended December 31, Sales to Canpotex 178 162 Purchases from MOPCO 26 9 Purchases from Profertil 68 61 As at December 31, Amounts receivable from Canpotex 18 29 Amounts owed to Profertil 11 7

OTHER ASSETS

OTHER ASSETS	12 Months Ended
	Dec. 31, 2017
Miscellaneous assets [abstract]
Disclosure Of Other Assets Explanatory	16 . OTHER ASSETS Other current assets consist primarily of an investment portfolio supporting the requirements of insurance obligations. All marketable securities are rated as investment grade or higher and are capable of liquidation within five trading days. Other current assets December 31, 2017 2016 Other financial assets Marketable securities (a) 118 121 Other non-financial assets 2 2 120 123 Other assets December 31, 2017 2016 Other financial assets Receivables (b) 22 28 Derivative financial instruments 10 - 32 28 Other non-financial assets 26 20 58 48 a) Comprised primarily of U.S. equities ( 10 percent), U.S. Government debt ( 36 percent) and U.S. corporate debt ( 45 percent). (b) Unsecured term loan receivable bearing interest at 3.4 percent per annum, repayable $ 8 -million annually until 2020.

DEBT

DEBT	12 Months Ended
	Dec. 31, 2017
Borrowings [abstract]
Disclosure of debt instruments [text block]	27 . DEBT We issue debt for various purposes, including maintaining or adjusting our capital structure. We have access to short-term facilities that we renegotiate periodically. We also have access to the capital markets through our base shelf prospectus. December 31, December 31, 2017 2016 Maturity Rate (%) (a) Utilized Utilized Short-term debt Commercial paper (b) 2018 1.88 565 306 Credit facilities (c)(d) 8.89 302 298 867 604 Long-term debt (e) Floating rate bank loans - - 10 7.7% debentures 2017 - 100 6.75% debentures 2019 500 500 3.15% debentures 2022 500 500 3.5% debentures 2023 500 500 3.375% debentures 2025 550 550 7.8% debentures 2027 125 125 4.125% debentures 2035 450 450 7.125% debentures 2036 300 300 6.125% debentures 2041 500 500 4.9% debentures 2043 500 500 5.25% debentures 2045 500 500 Other 32 25 4,457 4,560 Unamortized transaction costs (49) (52) Current portion of long-term debt (11) (110) 4,397 4,398 (a) Weighted average rates at December 31, 2017 (b) Program maximum U.S. $ 2.5 -billion. Amounts borrowed under the commercial paper program reduce our borrowing capacity under the multi-jurisdictional credit facility. (c) Short-term debt is unsecured and consists of U.S. dollar-denominated debt of $ 164 -million, euro-denominated debt of $ 47 -million and other debt of $ 91 -million ( 2016 – $ 236 -million, $ 53 -million and $ 9 -million). (d) Total capacity available on our multi-jurisdictional credit facility, which expires in 2020 , is $ 2.5 -billion. (e) Debentures have various provisions that allow redemption prior to maturity, at our optio n, at specified prices. Debt capacity available December 31, 2017 Multi-jurisdictional credit facility 2,500 European facilities 240 South American facilities 211 Australian facilities 50 Accounts receivable securitization 500 3,501 Short-term debt drawn (867) Letters of credit issued (1) Debt capacity available 2,633 Short-term debt Long-term debt (a) December 31, 2016 604 4,508 Cash flows reported as financing activities 258 (110) Non-cash changes Other adjustments - 10 Foreign currency translation 5 - December 31, 2017 867 4,408 Includes current portion

ACCOUNTS PAYABLE

ACCOUNTS PAYABLE	12 Months Ended
	Dec. 31, 2017
Accounts Payable [Abstract]
Disclosure of accounts payable	18 . ACCOUNTS PAYABLE We incur significant payables for procurement of product for resale inventories and for prepayments made by customers wishing to purchase our products for the upcoming growing season. December 31, 2017 2016 Trade 2,576 2,235 Customer prepayments 1,532 1,449 Accrued liabilities 728 670 Other taxes 28 32 Accrued interest 70 72 Dividends 121 121 Derivative financial instruments 62 7 Share-based payments 89 76 5,206 4,662

OTHER PROVISIONS

OTHER PROVISIONS	12 Months Ended
	Dec. 31, 2017
Other Provisions [Abstract]
Disclosure of other provisions, contingent assets and liabilities	19 . OTHER PROVISIONS We make significant estimates for various litigation matters in the normal course of business and for asset retirement and environmental remediation matters. Environmental Asset Notes remediation (a) retirement (b) Other Total December 31, 2016 141 231 9 381 Additional provisions or changes in estimates 34 23 177 25 225 Draw-downs (20) (10) (4) (34) Reversals - - (2) (2) Accretion 2 6 - 8 Other adjustments - - 1 1 Foreign currency translation 3 3 - 6 December 31, 2017 149 407 29 585 Current portion 22 17 24 63 Non-current portion 127 390 5 522 149 407 29 585 (a) We estimate that we will settle our environmental remediation liabilities between 2018 and 2042 . We discount obligations using rates ranging from 0.65 percent to 4.00 percent ( 2016 – 0.65 percent to 4.00 percent). Provisions include $ 42 -million of remediation liabilities we retained for the Idaho phosphate mining and processing sites as a condition of the sale. No individual site provision is material. (b) Mining, extraction, processing and distribution activities result in asset retirement obligations in the normal course of operations. Obligations include closure, dismantlement, site restoration or other legal or constructive obligations for terminati on and retirement of assets. Expenditures may occur before and after closure. We expect to incur expenditures for our phosphate obligations over the next 70 years. We expect to make payments for our potash and nitrogen obligations after t hat time. Timing of expenditures depends on several factors, such as the life and nature of the asset, legal requirements and technology. We estimate obligations using discount rates ranging from 1.22 percent to 4.55 percent ( 2016 – 1.22 percent to 4.55 percent). Provisions include $ 162 -million related to obligations we retained for the Conda Idaho phosphate mining and processing sites, and $ 195 -million for our Redwater, Alberta facility. No other site provision is material.

OTHER LIABILITIES

OTHER LIABILITIES	12 Months Ended
	Dec. 31, 2017
Miscellaneous liabilities [abstract]
Disclosure Of Other Liabilities	30. OTHER LIABILITIES December 31, 2017 2016 Other financial liabilities Derivative financial instruments 28 16 Other 32 13 60 29 Other non-financial liabilities Share-based payments 46 39 106 68

DISCONTINUED OPERATIONS AND ASS

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE	12 Months Ended
	Dec. 31, 2017
Disclosure Of Noncurrent Assets Held For Sale And Discontinued Operations [abstract]
Disclosure Of Noncurrent Assets Held For Sale And Discontinued Operations	21 . DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE On January 12, 2018, we completed the agreements with third parties to dispose of our Conda phosphate operations (“CPO”) and North Bend nitrogen assets (“North Bend”). The sales of CPO and North Bend are the subject of a consent order, given final approval by the FTC on February 7, 2018, providing remedies to resolve issues in superphosphoric acid and nitric acid related to the merger. These assets were previously classified as held for sale, as FTC approval and completion of the sales of CPO and North Bend assets is considered highly probable. Additionally, as CPO comprise s operations and cash flows that can be clearly distinguished operationally and for financial reporting purposes, its operating results and the impact of re-measurement to the selling price were included in discontinued operations for the year ended December 31, 2017, and in the comparative year ended December 31, 2016. Discontinued operations exclude elimination of intercompany transactions. The majority of the remainin g value of assets held for sale is assigned to inventories. Condensed information of discontinued operations (a) 2017 2016 Operating information Discontinued operations of assets held for sale Sales 299 278 Expenses 308 270 (Loss) earnings before income taxes (9) 8 Income tax recovery (10) (4) Earnings before measurement of assets held for sale 1 12 Loss on measurement of assets held for sale (b) (311) - Income tax recovery on loss on measurement of assets held for sale (123) - Net (loss) earnings from discontinued operations (187) 12 Cash flow information Operating activities 24 30 Investing activities (20) (23) Cash provided by discontinued operations 4 7 (a) No cumulative income or expenses are included in other comprehensive income related to CPO. (b) The write-down of CPO assets when classified as held for sale is predominately related to property, plant and equipment.

BUSINESS ACQUISITIONS

BUSINESS ACQUISITIONS	12 Months Ended
	Dec. 31, 2017
Disclosure Of Business Combinations [Abstract]
Disclosure Of Business Combinations Explanatory	22 . BUSINESS ACQUISITIONS During the year, our Retail business unit acquired 44 farm centers in the U.S. and Australia. Benefits of the acquisition s include expansion of geographical coverage for the sale of crop input products, acquisition of existing customer base and workforce, the value of synergies between Agrium and the acquired businesses, and cost savings opportunities. We have not completed the allocation of the purchase price for these acquisitions as we are still gathering and analyzing information about the related assets and liabilities, including fair values and the resulting income tax impact. Provisional estimate of fair values of assets acquired and liabilities assumed for all business acquisitions by the Retail business unit 2017 Acquisitions 2016 Acquisitions Working capital 17 62 Property, plant and equipment 40 119 Intangibles 27 25 Goodwill 122 105 Other non-current assets 8 31 Deferred income tax liabilities (11) - Total consideration 203 342 Financial information related to our business acquisitions 2017 (a) Sales from the date of acquisition 97 Estimated sales if acquisitions occurred at the beginning of the year 328 Net earnings and pro forma net earnings related to these acquisitions are $ 3 -million and $ 25 -million, respectively.

COMMITMENTS

COMMITMENTS	12 Months Ended
	Dec. 31, 2017
Disclosure Of Commitments [Abstract]
Commitments	23 . COMMITMENTS Operating leases Operating lease commitments consist primarily of leases for railcars and contractual commitments at distribution facilities in our Wholesale business unit , vehicles and application equipment in our Retail business unit , and office equipment and property leases throughout our operations. Commitments represent minimum payments under each agreement. Future minimum lease payments for operating leases December 31, 2017 2016 Less than one year 147 139 One to five years 317 283 More than five years 157 171 621 593 Other commitments 2018 2019 2020 2021 2022 Operating Long-term debt – interest 219 185 183 183 179 Cost of product sold Natural gas (a)(b) 235 99 22 12 - Power, sulfuric acid and other (c)(d) 170 77 78 80 86 Purchase commitments (e) 735 112 127 142 148 Derivative financial instruments Foreign exchange 10 - - - - Natural gas 52 28 - - - Other commitments 61 43 13 13 13 1,482 544 423 430 426 Capital Long-term debt – principal repayments - 500 - - 500 Asset retirement obligations 17 17 27 6 7 Environmental remediation liabilities 22 35 12 5 6 39 552 39 11 513 1,521 1,096 462 441 939 (a) Our minimum commitments for North American natural gas purchases, which include both floating rate and fixed rate contracts, are calculated using the prevailing NYMEX forward prices for U.S. facilities and AECO forward prices for Canadian facilities at December 31, 2017 . ( b ) Commitments include our proportionate share of commitments of joint ventures. Profertil has long-term gas contracts denominated in U.S. dollars and expiring in 2019 , which account for approximately 100 percent of Profertil’s gas requirements. YPF S.A., our joint venture partner in Profertil, supplies approximately 70 percent of the gas under these contracts. ( c ) O ur Carseland facility has a power co-generation agreement, exp ir ing on December 31, 2026 , for which we are able to purchase 60 megawatt-hours of power per hour. The price for the power is based on a fixed charge adjusted for inflation and a variable charge based on the cost of natural gas pro vided to the facility for power generation. ( d ) Our phosphate rock supply agreement includes a minimum commitment to purchase phosphate rock until 2018 , with a potential to nominate additional volumes and extend to 2020 . In 2016 , we decided not to nominate any additional volumes past 2018 . The purchase price is based on a formula that tracks finished product pricing and key published phosphate input costs. We entered into a freight contract to import phosp hate rock extending to 2019 , with a total commitment of $ 59 -million at December 31, 2017 . ( e ) As part of our agreement to s ell CPO, we entered into long-term strategic supply and offtake agreement s which extends to 2023. Under the terms of the supply and offtake agreements, we will supply 100 percent of the ammonia requirements of CPO and purchase 100 percent of the monoammonium phosphate (MAP) pro duct produced at CPO. The MAP production is estimated at 330,000 to nnes per year. (f) Our post-employment benefits obligations are not included in this table. Refer to note 18 for additional information.

CONTINGENT LIABILITIES

CONTINGENT LIABILITIES	12 Months Ended
	Dec. 31, 2017
Disclosure of contingent liabilities [abstract]
Disclosure of contingent liabilities	24 . CONTINGENT LIABILITIES From time to time, we become involved in legal or administrative proceedings related to our current and acquired businesses. Such proceedings expose us to possible losses , and we expect our involvement in such matters to continue in the normal conduct of our business. We will represent our interests vigorously in all proceedings in which we are involved . Legal and administrative proceedings involving possible losses are inherently complex , and we apply significant judgment in estimating probable outcomes. As a result, potential exists for ad justments to liabilities and material variance between act ual costs and estimates . Information on the amounts accrued for litigation, environmental remediation and asset retirement are disclosed in note 19 . Our assessment of specific matters at the date of issuance of these financial statements is set out below. Environmental contingencies We are responsible for environmental remediation of certain facilities and sites. Work at these sites is in various stages of environmental management: we are assessing and investigating some sites and remediating or monitoring others. We have established a provision for our estimated liabilities (see note 19 ). However, new information, including changes in regulations or results of investigations, could lead to reassessment of our exposure related to these matters. In addition, we may revise our estimate s of our future obligations because they are dependent on several uncertain factors including the method and extent of the remediation as well as cost-sharing arrangements with other parties involved. For the matters described below, at the date of issuan ce of these financial statements, we determined that we could not make a reliable estimate of the amount and timing of any financial effect in excess of the amounts accrued. Idaho phosphate mining and processing sites Nu-West Industries, Inc. ("Nu-West" ), a wholly owned subsidiary of Agrium, has been working co-operatively with federal and state agencies on environmental remediation at existing and former phosphate mining and processing sites in Idaho. Nu-West has been notified of potential violations of federal and state statutes by U.S. federal and state agencies. Depending on the site, Nu-West is in the investigation or risk assessment stage or has, for some sites, begun preliminary remediation work under agreements with the agencies. Completion of inv estigations, risk assessments or preliminary work will enable Nu-West and the agencies to determine what, if any, remediation work will be required. During 2016 and 2017, Nu-West completed substantial remedial construction and investigative fieldwork for c ertain of the Idaho sites. Results of the construction and site monitoring will determine future investigation and remediation requirements. In 2015, Nu-West received a Notice of Intent advising that trustees for U.S. federal and state agencies will conduc t a damage assessment at the Idaho phosphate mining and processing sites. Discussions with the trustees, including negotiation of the scope of future remediation, continued in 2017; the assessment may take many years to mature to a stage where the trustees assert a claim for damages. Manitoba mining properties In 1996, Agrium acquired Viridian Inc. (“Viridian”). Viridian has retained certain liabilities associated with the Fox Mine – a closed mineral processing site near Lynn Lake, Manitoba. Viridian was amalgamated with Agrium in 2017. Agrium is currently treating water draining from the site to meet provincial downstream water quality standards. Agrium has substantially completed the investigation phase of remediation and is currently in discussions wit h the Province of Manitoba regarding remedial alternatives selection. Concurrence and approval from the Province of a remedial design are expected within the next 12 to 36 months. For this matter, we have not disclosed information about the amount accrued f or site remediation because disclosure of such information would seriously prejudice our position in discussions with the Province. There were no significant developments in 2017.

ACCOUNTING POLICIES, JUDGMENTS,

ACCOUNTING POLICIES, JUDGMENTS, ASSUMPTIONS AND ESTIMATES	12 Months Ended
	Dec. 31, 2017
Disclosure of significant accounting policies [abstract]
ACCOUNTING POLICIES, JUDGMENTS, ASSUMPTIONS AND ESTIMATES	35 . ACCOUNTING POLICIES, JUDGMENTS, ASSUMPTIONS AND ESTIMATES We describe below significant accounting policies, without repeating or restating the actual text of the accounting standards, where disclosure would assist users in understanding how we reflect transactions and other events and conditions in our financial statements. In addition, IFRS requires us to describe (a) information about the assumptions and estimates we make in applying our accounting policies and (b) judgments we have made in th e process of applying our accounting policies. a) Accounting policies and underlying assumptions and estimates In preparing financial statements, we make assumptions and estimates based on our historical experience, current trends and all available informa tion we believe is relevant at the time we prepare the financial statements. However, we cannot determine future events and their effects with certainty. Accordingly, as confirming events occur, actual results could ultimately differ from our assumptions a nd estimates. Such differences could be material. We have provided analysis of sensitivity to assumptions elsewhere in the notes to these financial statements in instances where it is relevant to understanding management’s assumptions about the future. Sen sitivity analysis presents the impact of reasonably possible hypothetical changes to one assumption at December 31, 2017 , while holding other assumptions constant. In practice, it is unlikely that the hypothetical change would occur in isolation as variables may have interdependencies. Accordingly, such analysis provides only an approximation of the sensitivity to the individual assumptions shown and may not be representative of the full impact on our financial position and results of operations . Re venue recognition (IAS 18) We recognize revenue when we meet the requirements of IAS 18. For the sale of goods, risks and rewards of ownership pass to our customers based on the contractual terms of the arrangement. In most cases, the terms of the arrange ment are such that risks and rewards transfer when product is: Picked up by our customer at our Retail farm centers or at a Wholesale manufacturing site or a distribution facility Delivered to the destination specified by our customer if we retain inventor y risk during the delivery period Delivered to the vessel on which the product will be shipped, or Delivered to the destination port. We recognize revenue for nutrient or crop protection application services and agronomic and precision agriculture services when the service is complete. We deduct provisions for returns, trade discounts and rebates from revenue. We provide customer incentives, such as rebates, based on value or tonnage purchased. We make various estimates to recognize the impact of rebates a nd other incentives on revenue, including our ability to collect consideration for a sale, the impact of estimated customer product returns and some customer incentive programs, whether we are acting as an agent or principal in a sale, and whether a servic e is complete. We make estimates of returns and incentives based on historical and forecasted data, contractual terms and current conditions. Because of the nature of our sales of goods and services, any single estimate would have only a negligible impact on revenue recognition. Because of the short-term nature of our contracts with customers, recognition of revenue does not result in significant estimation uncertainty. Property, plant and equipment (IAS 16, IAS 23, IAS 36, IAS 37) In our mining, milling a nd other manufacturing facilities, we capitalize components requiring replacement at regular intervals, major inspections and overhauls, spare parts used in connection with specific equipment and standby equipment. We capitalize such costs if they meet the asset recognition criteria of IAS 16 and the asset has an estimated useful life of greater than one year. We immediately write off remaining carrying value of components replaced. We depreciate each component over the lesser of its estimated useful life a nd the remaining period until the next replacement or major inspection or overhaul. If the construction or preparation for use of property, plant or equipment extends over more than 12 months, we capitalize borrowing costs up to the date of completion as part of the cost of acquisition or construction. We move an asset from the construction phase to the production phase and begin depreciation when the asset is available for use in the manner intended by management. W e present property, plant and equipment at cost net of accumulated depreciation and accumulated impairment losses. We depreciate property, plant and equipment directly related to our nitrogen, phosphate and potash operations using the units of production method. We depreciate the rest of our p roperty, plant and equipment using the straight-line method using the following estimated useful lives, which we reassess annually: Buildings and improvements 4 – 60 years Machinery and equipment 1 – 60 years Other 1 – 45 years We make assumptions about th e use of an asset based on the level of capital expenditures compared to construction cost estimates; completion of a reasonable period of testing of the asset; ability to produce product in saleable form within specifications; and ability to sustain ongoi ng production. We depreciate potash-related assets over the shorter of estimates of reserves and service lives and nitrogen and phosphate plant assets based on their productive capacity. Intangible assets other than goodwill (IAS 38) We initially measure finite-lived intangible assets, such as customer relationships, at cost and amortize them over their estimated useful lives. Intangible assets with indefinite useful lives, such as certain brand names, are not amortized. We capitalize costs for internally generated intangible assets, such as development costs, when costs meet criteria for feasibility. We expense research and development expenditures that do not meet the capitalization criteria. We amortize finite-lived intangible assets on a straight-line basis using the following estimated useful lives, which we reassess annually: Trade names 5 – 10 years Customer relationships 7 – 10 years Technology 3 – 7 years Other 5 – 20 years Assets held for sale and discontinued operations (IFRS 5) We measure asse ts held for sale at the lower of their carrying amount and FVLCD and once classified as held for sale, property, plant and equipment is no longer depreciated. We disclosed information about discontinued operations in note 31 . For assets held for sale, we make estimates of the value of the asset and when we will complete the sale. We estimate FVLCD using assumptions an independent market participant would use about the future cash flows of the asset and its eventual disposal. Assumptions include production or sales volumes, sales prices, selling margins and discount rates. Rebates (IAS 2) Our vendors may offer us various incentives to purchase products for resale. We account for vendor rebates and prepay discounts as a reduction of the prices of the suppl iers’ products. Rebates based on the amount of materials purchased reduce cost of product as we sell inventory. We offset rebates based on sales volume to cost of product sold if we have earned the rebate based on sales volume of products. We accrue rebate s that are probable and that we can reasonably estimate. We accrue rebates that are not probable or estimable when we achieve certain milestones. We accrue rebates not covered by binding agreements or published vendor programs when we obtain conclusive doc umentation of right of receipt. We participate in diverse vendor arrangements, some of which are highly complex. Where it is probably that we will receive a rebate and we can reasonably estimate the amount, we record accruals for some vendor rebates by est imating the point at which we will have completed our performance under an agreement. To determine this, we analyze and review historical trends to apply rates negotiated with our vendors to estimated and actual purchase volumes to determine accruals. Esti mated amounts accrued throughout the year could be impacted if actual purchase volumes differ from projected volumes. Inventories (IAS 2) We measure inventories at the lower of cost on a weighted average basis and net realizable value. We calculate the ne t realizable value of inventories based on estimates and assumptions about a combination of interrelated factors affecting forecasted selling prices, including demand and supply variables. Demand variables include grain and oilseed prices, stock-to-use rat ios and changes in inventories in distribution channels. Supply variables include forecasted prices of raw materials such as natural gas, operating rates and crop nutrient inventory levels. Provisions (IAS 37) Our most significant provisions relate to as set retirement of our nitrogen and phosphate manufacturing facilities at the CPO phosphate mining and processing sites and Redwater facility, environmental remediation at the CPO phosphate mining and processing sites, and Manitoba mining properties. We discount a provision to its present value using a pre-tax, risk-free discount rate. We do not recognize contingent liabilities (obligations that we cannot measure with sufficient reliability or obligations for which it is not probable that an outflow of resources will be required to settle the obligation). We have described policy choices applying to provisions and contingent liabilities in notes 29 and 34 . Estimating the ultimate settlement of provisions requires us to make complex and interrelated assumptions based on experience with similar matters, past history, precedents, evidence and facts specific to each matter. Share-based compensation (IFRS 2) We recognize share-based payment transactions when we obtain services from an employee. Except for stock options, we expect to settle our share-based compensation plans in cash. These cash-settled awards are measured at the fair value of the liability and we remeasure liabilities at the end of each reporting period and at the date of settlement. We have described our policy choices applying to our plans in note 19 . In valuing our share-based payment transactions and liabilities, we make assumptions about the future volatility of our share price, expected dividend yield, future employee turnover r ates, future employee stock option exercise behavior and corporate performance. Such estimates and assumptions are inherently uncertain. Leases (IAS 17, IFRIC 4) An arrangement may be or contain a lease according to the substance of the arrangement. This is the case if the arrangement is dependent on the use of an asset or conveys a right to use an asset, even if not explicitly stated. Leasing arrangements primarily relate to railcars and other rolling stock, which we have classified as operating leases a s we do not have substantially all the risks and rewards of ownership of the leased assets. Income taxes (IAS 12) The largest components of our deferred income tax balances relate to asset retirement and environmental remediation provisions and property, plant and equipment. In determining our provision for income taxes, we use an annual effective income tax rate based on annual income, permanent differences between book and tax income, and substantially enacted income tax rates. We adj ust our annual effective income tax rate as additional information on outcomes or events becomes available. We recognize a tax benefit or liability for an uncertain tax position when our best estimate is that the position is more likely than not to be su stained on examination, based on a qualitative assessment of all relevant factors. We make assumptions to estimate the exposures associated with our various filing positions. We recognize a provision when it becomes probable that we will incur additional t ax liabilities for such exposures. Changes in tax law, the level and geographic mix of earnings and the results of tax audits also affect our effective income tax rate. Determining tax provisions requires that we make assumptions about the ultimate outco me of a filing position, which can change over time depending on facts and circumstances. We have recognized the impact of the recent U.S. tax reform in our income tax provision. The ultimate impact may differ from the amounts recorded due to changes in in terpretations and assumptions we have made or additional regulatory guidance that may be issued. Employee future benefits (IAS 19 ) The funding of our employee future benefit liabilities is roughly evenly split between defined benefit pension plans and unf unded medical plans. Expenses for employee future benefits primarily consist of annual costs for unfunded defined contribution pension plans. For defined benefit pension plans, we recognize a defined benefit obligation, based on actuarial assumptions, net of the fair value of plan assets. We use actuarial assumptions to determine the obligations for employee future benefits at each reporting period. These assumptions include the discount rate, expected long-term rate of return on assets, rate of increase i n compensation levels, mortality rates, and health care cost trend rates. We have provided detailed information on the assumptions used in note 18 . Impairment of goodwill and indefinite-lived intangible assets (IAS 36) In completing our goodwill impair ment testing, we selected FVLCD methodology. For some impairment calculations, we may use an income approach with a discounted cash flow technique. For other calculations, we may use a market approach based on prices and other information generated by mark et transactions. We deduct the incremental cost of disposing of the asset in determining FVLCD. We do not calculate value in use if there is no impairment under FVLCD. Refer to note 24 for significant assumptions and estimates. b) Accounting policy choic es requiring judgments that have the most significant effect on the amounts recognized in the financial statements We consider judgments made in recording impairment of property, plant and equipment, goodwill and indefinite-lived intangible assets, foreign currency and provisions to be critical accounting estimates that require our most difficult, subjective and complex assumptions. Long-lived assets (IAS 16, IAS 36, IAS 38) For property, plant and equipment and finite-lived intangible assets, we review fo r indicators of impairment at each reporting period. We perform this review at the CGU level. A CGU may be a single asset or a group of assets if we cannot identify independent cash flows from an asset. If indicators of impairment of a CGU exist, we will c alculate its recoverable amount. We perform an impairment test of goodwill and indefinite-lived intangibles in the fourth quarter annually or earlier if indicators of impairment exist. We allocate goodwill to CGU groups based on the level at which goodwill is monitored internally by management. This level does not exceed the level of our operating segments before aggregation. We determine CGUs based on geographic regions, economic and commercial influences, product lines, extent of shared infrastructure and interdependence of cash flows. We grouped (a) Wholesale assets by product lines because of differing production processes and inputs for each nutrient and (b) Retail assets by geographic regions based on customers, products and distribution methods. We h ave allocated substantially all of the carrying amount of goodwill to two groups of CGUs within the Retail business unit: Retail – North America and Retail – Australia. Foreign currency (IAS 21) The U.S. dollar is the presentation currency of our consolid ated financial statements. We also make judgments about whether an entity may have multiple branches with different functional currencies. As at July 1, 2017, we changed the functional currency for certain operations from Canadian dollar to U.S. dollar due to changing market metrics and operational changes. The majority of our operations use Australian dollar or U.S. dollar as the functional currency. In determining the functional currency of our operations, we primarily considered the currency that determ ines the pricing of transactions rather than focusing on the currency in which transactions are denominated. Provisions (IAS 37) We distinguish between provisions and contingent liabilities based on the probability of an outflow of resources embodying ec onomic benefits and the availability of information to make a sufficiently reliable estimate. We make judgments as to whether an obligation exists and whether an outflow of resources embodying economic benefits for a liability of uncertain timing or amount is probable, not probable, or remote. These judgments determine whether we recognize or disclose an amount in the financial statements. Our provisions are measured based on our best estimate of the amount and timing of expected future cash outflows to se ttle the obligation. We consider all available information relevant to each specific matter. In 2017 , we continued to review our litigation, asset retirement and environmental remediation provisions. c) Recent accounting pronouncements The IASB has issued the following accounting pronouncements, which we have either adopted or will adopt in the future, and which could have a material impact. IFRS 15 Revenue from Contracts with Customers Revenue from Contracts with Customers establishes a new model f or revenue earned from a contract with a customer. The standard provides specific guidance on identifying separate performance obligations in the contract and allocating the transaction price to the separate performance obligations in an amount that reflec ts the total consideration to which an entity expects to be entitled during the term of the contract. The standard also requires additional disclosures about the nature, amount, timing and uncertainty of revenue and related cash flows. Agrium will adopt the standard on the effective date of January 1, 2018. Agrium will adopt the standard using the modified retrospective approach with the cumulative-effect of the adjustment recognized at the date of adoption, subject to allowable and elected practical expe dients. In adopting IFRS 15, we completed a review of all our contracts with customers. Since our contracts are primarily short-term in nature and generally do not include significant multiple deliverable components, there will be no material impact of ado ption. In addition, our accounting for variable consideration before adoption was substantially similar to the requirements of IFRS 15. We expect that our consolidated financial statements will include expanded disclosures about revenues from contracts wit h customers and are drafting the relevant disclosures to reflect the requirements of the new standard. In addition to ensuring that the accounting and disclosure requirements of IFRS 15 are met, we also continue to address any system and process changes ne cessary to compile the information to meet the recognition and disclosure requirements of the standard. We have also assessed the impact of the standard on internal controls over financial reporting and plan to make modifications to our controls on adoptio n. IFRS 16 Leases Leases applies a single model for all recognized leases, which requires recognition of lease-related assets and liabilities and the related interest and depreciation expense in the consolidated financial statements. Agrium will adopt the standard on the effective date of January 1, 2019. We have completed a lease inventory and review of existing lease agreements and have considered other agreements that could contain leases. We are currently evaluating transition and implementation impacts and will continue to do so in 2018. We are assessing the adoption application guidance and have not chosen a method for adoption. However, we expect that adoption will result in a material increase in our assets and liabilities and will result in material reclassifications of interest and depreciation expense within our consolidated statement of operations. However, we are not able now to provide a precise estimate of the impact. Once we complete further phases of our review, we will estimate and quantify the impact on our consolidated financial statements. Other recent pronouncements We adopted the following accounting pronouncements without material impact. New IFRIC 23 - Uncertainty over Income Tax Treatments provides additional guidance when there is un certainty over income tax treatments under IAS 12. Agrium will adopt beginning January 1, 2019. Amended Various IAS 7 Statement of Cash Flows, IAS 12 Income Taxes, IFRS 2 Share-based Payment, IFRIC 22 Foreign Currency Transactions and Advance Consideration We adopted amendments to IAS 7 and IAS 12 on January 1, 2017. We expect to adopt IFRS 2 and IFRIC 22 beginning January 1, 2018.

ACCOUNTING POLICIES, JUDGMENT33

ACCOUNTING POLICIES, JUDGMENTS, ASSUMPTIONS AND ESTIMATES - (Policies)	12 Months Ended
	Dec. 31, 2017
Disclosure of significant accounting policies [abstract]
Explanation of measurement bases used in preparing financial statements [text block]	a) Accounting policies and underlying assumptions and estimates In preparing financial statements, we make assumptions and estimates based on our historical experience, current trends and all available informa tion we believe is relevant at the time we prepare the financial statements. However, we cannot determine future events and their effects with certainty. Accordingly, as confirming events occur, actual results could ultimately differ from our assumptions a nd estimates. Such differences could be material. We have provided analysis of sensitivity to assumptions elsewhere in the notes to these financial statements in instances where it is relevant to understanding management’s assumptions about the future. Sen sitivity analysis presents the impact of reasonably possible hypothetical changes to one assumption at December 31, 2017 , while holding other assumptions constant. In practice, it is unlikely that the hypothetical change would occur in isolation as variables may have interdependencies. Accordingly, such analysis provides only an approximation of the sensitivity to the individual assumptions shown and may not be representative of the full impact on our financial position and results of operations
Revenue recognition (IAS 18)	Re venue recognition (IAS 18) We recognize revenue when we meet the requirements of IAS 18. For the sale of goods, risks and rewards of ownership pass to our customers based on the contractual terms of the arrangement. In most cases, the terms of the arrange ment are such that risks and rewards transfer when product is: Picked up by our customer at our Retail farm centers or at a Wholesale manufacturing site or a distribution facility Delivered to the destination specified by our customer if we retain inventor y risk during the delivery period Delivered to the vessel on which the product will be shipped, or Delivered to the destination port. We recognize revenue for nutrient or crop protection application services and agronomic and precision agriculture services when the service is complete. We deduct provisions for returns, trade discounts and rebates from revenue. We provide customer incentives, such as rebates, based on value or tonnage purchased. We make various estimates to recognize the impact of rebates a nd other incentives on revenue, including our ability to collect consideration for a sale, the impact of estimated customer product returns and some customer incentive programs, whether we are acting as an agent or principal in a sale, and whether a servic e is complete. We make estimates of returns and incentives based on historical and forecasted data, contractual terms and current conditions. Because of the nature of our sales of goods and services, any single estimate would have only a negligible impact on revenue recognition. Because of the short-term nature of our contracts with customers, recognition of revenue does not result in significant estimation uncertainty.
Property, plant and equipment (IAS 16, IAS 23, IAS 36, IAS 37)	Property, plant and equipment (IAS 16, IAS 23, IAS 36, IAS 37) In our mining, milling a nd other manufacturing facilities, we capitalize components requiring replacement at regular intervals, major inspections and overhauls, spare parts used in connection with specific equipment and standby equipment. We capitalize such costs if they meet the asset recognition criteria of IAS 16 and the asset has an estimated useful life of greater than one year. We immediately write off remaining carrying value of components replaced. We depreciate each component over the lesser of its estimated useful life a nd the remaining period until the next replacement or major inspection or overhaul. If the construction or preparation for use of property, plant or equipment extends over more than 12 months, we capitalize borrowing costs up to the date of completion as part of the cost of acquisition or construction. We move an asset from the construction phase to the production phase and begin depreciation when the asset is available for use in the manner intended by management. W e present property, plant and equipment at cost net of accumulated depreciation and accumulated impairment losses. We depreciate property, plant and equipment directly related to our nitrogen, phosphate and potash operations using the units of production method. We depreciate the rest of our p roperty, plant and equipment using the straight-line method using the following estimated useful lives, which we reassess annually: Buildings and improvements 4 – 60 years Machinery and equipment 1 – 60 years Other 1 – 45 years We make assumptions about th e use of an asset based on the level of capital expenditures compared to construction cost estimates; completion of a reasonable period of testing of the asset; ability to produce product in saleable form within specifications; and ability to sustain ongoi ng production. We depreciate potash-related assets over the shorter of estimates of reserves and service lives and nitrogen and phosphate plant assets based on their productive capacity.
Intangible assets other than goodwill (IAS 38)	Intangible assets other than goodwill (IAS 38) We initially measure finite-lived intangible assets, such as customer relationships, at cost and amortize them over their estimated useful lives. Intangible assets with indefinite useful lives, such as certain brand names, are not amortized. We capitalize costs for internally generated intangible assets, such as development costs, when costs meet criteria for feasibility. We expense research and development expenditures that do not meet the capitalization criteria. We amortize finite-lived intangible assets on a straight-line basis using the following estimated useful lives, which we reassess annually: Trade names 5 – 10 years Customer relationships 7 – 10 years Technology 3 – 7 years Other 5 – 20 years
Assets held for sale and discontinued operations (IFRS 5)	Assets held for sale and discontinued operations (IFRS 5) We measure asse ts held for sale at the lower of their carrying amount and FVLCD and once classified as held for sale, property, plant and equipment is no longer depreciated. We disclosed information about discontinued operations in note 31 . For assets held for sale, we make estimates of the value of the asset and when we will complete the sale. We estimate FVLCD using assumptions an independent market participant would use about the future cash flows of the asset and its eventual disposal. Assumptions include production or sales volumes, sales prices, selling margins and discount rates.
Rebates (IAS 2)	Rebates (IAS 2) Our vendors may offer us various incentives to purchase products for resale. We account for vendor rebates and prepay discounts as a reduction of the prices of the suppl iers’ products. Rebates based on the amount of materials purchased reduce cost of product as we sell inventory. We offset rebates based on sales volume to cost of product sold if we have earned the rebate based on sales volume of products. We accrue rebate s that are probable and that we can reasonably estimate. We accrue rebates that are not probable or estimable when we achieve certain milestones. We accrue rebates not covered by binding agreements or published vendor programs when we obtain conclusive doc umentation of right of receipt. We participate in diverse vendor arrangements, some of which are highly complex. Where it is probably that we will receive a rebate and we can reasonably estimate the amount, we record accruals for some vendor rebates by est imating the point at which we will have completed our performance under an agreement. To determine this, we analyze and review historical trends to apply rates negotiated with our vendors to estimated and actual purchase volumes to determine accruals. Esti mated amounts accrued throughout the year could be impacted if actual purchase volumes differ from projected volumes.
Inventories (IAS 2) and Rebates (IAS 2)	Inventories (IAS 2) We measure inventories at the lower of cost on a weighted average basis and net realizable value. We calculate the ne t realizable value of inventories based on estimates and assumptions about a combination of interrelated factors affecting forecasted selling prices, including demand and supply variables. Demand variables include grain and oilseed prices, stock-to-use rat ios and changes in inventories in distribution channels. Supply variables include forecasted prices of raw materials such as natural gas, operating rates and crop nutrient inventory levels.
Provisions (IAS 37)	Provisions (IAS 37) Our most significant provisions relate to as set retirement of our nitrogen and phosphate manufacturing facilities at the CPO phosphate mining and processing sites and Redwater facility, environmental remediation at the CPO phosphate mining and processing sites, and Manitoba mining properties. We discount a provision to its present value using a pre-tax, risk-free discount rate. We do not recognize contingent liabilities (obligations that we cannot measure with sufficient reliability or obligations for which it is not probable that an outflow of resources will be required to settle the obligation). We have described policy choices applying to provisions and contingent liabilities in notes 29 and 34 . Estimating the ultimate settlement of provisions requires us to make complex and interrelated assumptions based on experience with similar matters, past history, precedents, evidence and facts specific to each matter. Provisions (IAS 37) We distinguish between provisions and contingent liabilities based on the probability of an outflow of resources embodying ec onomic benefits and the availability of information to make a sufficiently reliable estimate. We make judgments as to whether an obligation exists and whether an outflow of resources embodying economic benefits for a liability of uncertain timing or amount is probable, not probable, or remote. These judgments determine whether we recognize or disclose an amount in the financial statements. Our provisions are measured based on our best estimate of the amount and timing of expected future cash outflows to se ttle the obligation. We consider all available information relevant to each specific matter. In 2017 , we continued to review our litigation, asset retirement and environmental remediation provisions.
Share-based compensation (IFRS 2)	Share-based compensation (IFRS 2) We recognize share-based payment transactions when we obtain services from an employee. Except for stock options, we expect to settle our share-based compensation plans in cash. These cash-settled awards are measured at the fair value of the liability and we remeasure liabilities at the end of each reporting period and at the date of settlement. We have described our policy choices applying to our plans in note 19 . In valuing our share-based payment transactions and liabilities, we make assumptions about the future volatility of our share price, expected dividend yield, future employee turnover r ates, future employee stock option exercise behavior and corporate performance. Such estimates and assumptions are inherently uncertain.
Leases (IAS 17, IFRIC 4)	Leases (IAS 17, IFRIC 4) An arrangement may be or contain a lease according to the substance of the arrangement. This is the case if the arrangement is dependent on the use of an asset or conveys a right to use an asset, even if not explicitly stated. Leasing arrangements primarily relate to railcars and other rolling stock, which we have classified as operating leases a s we do not have substantially all the risks and rewards of ownership of the leased assets.
Income taxes (IAS 12)	Income taxes (IAS 12) The largest components of our deferred income tax balances relate to asset retirement and environmental remediation provisions and property, plant and equipment. In determining our provision for income taxes, we use an annual effective income tax rate based on annual income, permanent differences between book and tax income, and substantially enacted income tax rates. We adj ust our annual effective income tax rate as additional information on outcomes or events becomes available. We recognize a tax benefit or liability for an uncertain tax position when our best estimate is that the position is more likely than not to be su stained on examination, based on a qualitative assessment of all relevant factors. We make assumptions to estimate the exposures associated with our various filing positions. We recognize a provision when it becomes probable that we will incur additional t ax liabilities for such exposures. Changes in tax law, the level and geographic mix of earnings and the results of tax audits also affect our effective income tax rate. Determining tax provisions requires that we make assumptions about the ultimate outco me of a filing position, which can change over time depending on facts and circumstances. We have recognized the impact of the recent U.S. tax reform in our income tax provision. The ultimate impact may differ from the amounts recorded due to changes in in terpretations and assumptions we have made or additional regulatory guidance that may be issued.
Employee future benefits (IAS 19)	Employee future benefits (IAS 19 ) The funding of our employee future benefit liabilities is roughly evenly split between defined benefit pension plans and unf unded medical plans. Expenses for employee future benefits primarily consist of annual costs for unfunded defined contribution pension plans. For defined benefit pension plans, we recognize a defined benefit obligation, based on actuarial assumptions, net of the fair value of plan assets. We use actuarial assumptions to determine the obligations for employee future benefits at each reporting period. These assumptions include the discount rate, expected long-term rate of return on assets, rate of increase i n compensation levels, mortality rates, and health care cost trend rates. We have provided detailed information on the assumptions used in note 18 .
Impairment of goodwill and indefinite-lived intangible assets (IAS 36)	Impairment of goodwill and indefinite-lived intangible assets (IAS 36) In completing our goodwill impair ment testing, we selected FVLCD methodology. For some impairment calculations, we may use an income approach with a discounted cash flow technique. For other calculations, we may use a market approach based on prices and other information generated by mark et transactions. We deduct the incremental cost of disposing of the asset in determining FVLCD. We do not calculate value in use if there is no impairment under FVLCD. Refer to note 24 for significant assumptions and estimates.
Long-lived assets (IAS 16, IAS 36, IAS 38)	Long-lived assets (IAS 16, IAS 36, IAS 38) For property, plant and equipment and finite-lived intangible assets, we review fo r indicators of impairment at each reporting period. We perform this review at the CGU level. A CGU may be a single asset or a group of assets if we cannot identify independent cash flows from an asset. If indicators of impairment of a CGU exist, we will c alculate its recoverable amount. We perform an impairment test of goodwill and indefinite-lived intangibles in the fourth quarter annually or earlier if indicators of impairment exist. We allocate goodwill to CGU groups based on the level at which goodwill is monitored internally by management. This level does not exceed the level of our operating segments before aggregation. We determine CGUs based on geographic regions, economic and commercial influences, product lines, extent of shared infrastructure and interdependence of cash flows. We grouped (a) Wholesale assets by product lines because of differing production processes and inputs for each nutrient and (b) Retail assets by geographic regions based on customers, products and distribution methods. We h ave allocated substantially all of the carrying amount of goodwill to two groups of CGUs within the Retail business unit: Retail – North America and Retail – Australia.
Foreign currency (IAS 21)	Foreign currency (IAS 21) The U.S. dollar is the presentation currency of our consolid ated financial statements. We also make judgments about whether an entity may have multiple branches with different functional currencies. As at July 1, 2017, we changed the functional currency for certain operations from Canadian dollar to U.S. dollar due to changing market metrics and operational changes. The majority of our operations use Australian dollar or U.S. dollar as the functional currency. In determining the functional currency of our operations, we primarily considered the currency that determ ines the pricing of transactions rather than focusing on the currency in which transactions are denominated.
Disclosure of expected impact of initial application of new standards or interpretations [line items]
Recent accounting pronouncements	c) Recent accounting pronouncements The IASB has issued the following accounting pronouncements, which we have either adopted or will adopt in the future, and which could have a material impact.
IFRS 15 - Revenue from Contracts with Customers [member]
Disclosure of expected impact of initial application of new standards or interpretations [line items]
Recent accounting pronouncements	IFRS 15 Revenue from Contracts with Customers Revenue from Contracts with Customers establishes a new model f or revenue earned from a contract with a customer. The standard provides specific guidance on identifying separate performance obligations in the contract and allocating the transaction price to the separate performance obligations in an amount that reflec ts the total consideration to which an entity expects to be entitled during the term of the contract. The standard also requires additional disclosures about the nature, amount, timing and uncertainty of revenue and related cash flows. Agrium will adopt the standard on the effective date of January 1, 2018. Agrium will adopt the standard using the modified retrospective approach with the cumulative-effect of the adjustment recognized at the date of adoption, subject to allowable and elected practical expe dients. In adopting IFRS 15, we completed a review of all our contracts with customers. Since our contracts are primarily short-term in nature and generally do not include significant multiple deliverable components, there will be no material impact of ado ption. In addition, our accounting for variable consideration before adoption was substantially similar to the requirements of IFRS 15. We expect that our consolidated financial statements will include expanded disclosures about revenues from contracts wit h customers and are drafting the relevant disclosures to reflect the requirements of the new standard. In addition to ensuring that the accounting and disclosure requirements of IFRS 15 are met, we also continue to address any system and process changes ne cessary to compile the information to meet the recognition and disclosure requirements of the standard. We have also assessed the impact of the standard on internal controls over financial reporting and plan to make modifications to our controls on adoptio n.
IFRS 16 Leases [Member]
Disclosure of expected impact of initial application of new standards or interpretations [line items]
Recent accounting pronouncements	IFRS 16 Leases Leases applies a single model for all recognized leases, which requires recognition of lease-related assets and liabilities and the related interest and depreciation expense in the consolidated financial statements. Agrium will adopt the standard on the effective date of January 1, 2019. We have completed a lease inventory and review of existing lease agreements and have considered other agreements that could contain leases. We are currently evaluating transition and implementation impacts and will continue to do so in 2018. We are assessing the adoption application guidance and have not chosen a method for adoption. However, we expect that adoption will result in a material increase in our assets and liabilities and will result in material reclassifications of interest and depreciation expense within our consolidated statement of operations. However, we are not able now to provide a precise estimate of the impact. Once we complete further phases of our review, we will estimate and quantify the impact on our consolidated financial statements.
IFRIC 23 Uncertainty over Income Tax Treatments [Member]
Disclosure of expected impact of initial application of new standards or interpretations [line items]
Recent accounting pronouncements	Other recent pronouncements We adopted the following accounting pronouncements without material impact. New IFRIC 23 - Uncertainty over Income Tax Treatments provides additional guidance when there is un certainty over income tax treatments under IAS 12. Agrium will adopt beginning January 1, 2019.
Other various IFRS changes [Member]
Disclosure of expected impact of initial application of new standards or interpretations [line items]
Recent accounting pronouncements	Amended Various IAS 7 Statement of Cash Flows, IAS 12 Income Taxes, IFRS 2 Share-based Payment, IFRIC 22 Foreign Currency Transactions and Advance Consideration We adopted amendments to IAS 7 and IAS 12 on January 1, 2017. We expect to adopt IFRS 2 and IFRIC 22 beginning January 1, 2018.

CORPORATE INFORMATION (Tables)

CORPORATE INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure of transactions between related parties [abstract]
Transactions with Associates and Joint Ventures	Related party transactions 2017 2016 Short-term benefits 19 19 Post-employment benefits 2 2 Share-based payments 31 24
Principal subsidiaries, associates and joint ventures	Principal subsidiaries, associates and joint ventures Relationship/ Method of Ownership Location Principal activity accounting Agrium Canada Partnership Subsidiary, 100% Canada Manufacturer and distributor Consolidation of crop nutrients Agrium Potash Ltd. Subsidiary, 100% Canada Manufacturer and distributor Consolidation of crop nutrients Agrium U.S. Inc. Subsidiary, 100% United States Manufacturer and distributor Consolidation of crop nutrients Agroservicios Pampeanos S.A. Subsidiary, 100% Argentina Crop input retailer Consolidation Cominco Fertilizer Partnership Subsidiary, 100% United States Manufacturer and distributor Consolidation of crop nutrients Crop Production Services, Inc. Subsidiary, 100% United States Crop input retailer Consolidation Crop Production Services Subsidiary, 100% Canada Crop input retailer Consolidation (Canada) Inc. Landmark Operations Ltd. Subsidiary, 100% Australia Crop input retailer Consolidation Loveland Products Inc. Subsidiary, 100% United States Crop input developer and Consolidation retailer Misr Fertilizers Production Associate, 26% Egypt Manufacturer and distributor Equity method Company S.A.E. of crop nutrients Profertil S.A. Joint venture, 50% Argentina Manufacturer and distributor Equity method of crop nutrients

OPERATING SEGMENTS (Tables)

OPERATING SEGMENTS (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure of operating segments [abstract]
Segment information	12. OPERATING SEGMENTS Segment information 2017 North Wholesale America International Retail Nitrogen Potash Phosphate Other Wholesale Other (a) Total Sales – external 9,874 2,182 12,056 755 386 115 454 1,710 - 13,766 – inter-segment 47 - 47 254 133 122 140 649 (696) - Total sales 9,921 2,182 12,103 1,009 519 237 594 2,359 (696) 13,766 Earnings (loss) before finance costs and income taxes 716 174 890 209 105 4 99 417 (291) 1,016 Depreciation and amortization 273 16 289 79 113 17 13 222 19 530 EBITDA (b) 989 190 1,179 288 218 21 112 639 (272) 1,546 Earnings from associates and joint ventures 7 2 9 - - - 30 30 - 39 Total assets 8,668 1,570 10,238 2,330 3,629 303 702 6,964 740 17,942 Additions to non-current assets (c) 423 39 462 313 46 226 48 633 8 1,103 Segment information 2016 North Wholesale America International Retail Nitrogen Potash Phosphate Other Wholesale Other (a) Total Sales – external 9,565 2,158 11,723 860 280 148 446 1,734 - 13,457 – inter-segment 43 - 43 284 139 141 130 694 (737) - Total sales 9,608 2,158 11,766 1,144 419 289 576 2,428 (737) 13,457 Earnings (loss) before finance costs and income taxes 676 141 817 329 10 23 139 501 (228) 1,090 Depreciation and amortization 249 25 274 75 99 16 13 203 16 493 EBITDA (b) 925 166 1,091 404 109 39 152 704 (212) 1,583 Earnings (loss) from associates and joint ventures 4 2 6 - - - 61 61 (1) 66 Total assets 8,144 1,338 9,482 1,812 3,666 808 675 6,961 520 16,963 Additions to non-current assets (c) 405 30 435 444 70 46 20 580 5 1,020 Non-cash s hare-based payments expense of $ 69 -million ( 2016 – $ 55 -million) is recorded in our Other segment. EBITDA is net earnings (loss) before finance costs, income taxes, depreciation and amortization, and net earnings (loss) from discontinued operations. Additions to non-current assets include property, plant and equipment, intangibles and goodwill.
Retail sales by product line	Retail sales by product line 2017 2016 Crop nutrients 4,121 4,310 Crop protection products 4,937 4,684 Seed 1,628 1,462 Merchandise 683 621 Services and other 734 689 12,103 11,766
Key data by geographic region	Key data by geographic region 2017 2016 Non- Non- current current Sales (a) assets (b) Sales (a) assets (b) Canada 2,416 4,829 2,437 4,430 United States 8,978 4,838 8,672 4,898 Europe 178 2 182 5 South America 431 213 396 197 Australia 1,679 260 1,769 222 Egypt - 238 - 285 Other 84 5 1 3 13,766 10,385 13,457 10,040 (a) Sales by location of customers. (b) Excludes financial instruments and deferred tax assets.

CAPITAL MANAGEMENT (Tables)

CAPITAL MANAGEMENT (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure of significant accounting policies [abstract]
Information monitored to manage capital	Information monitored to manage capital 2017 Target December 31, 2017 2016 Net debt to EBITDA 3.1 3.0 Debt covenant ratios (a) Interest coverage (b) ≥ 2.5 5 6 Debt-to-capital (c) ≤ 0.65 0.45 0.44 Retail measures (%) Average non-cash working capital to sales 16 17 17 Return on operating capital employed (d) N/A 19 18 Return on capital employed (e) N/A 11 10 Components of ratios EBITDA 1,546 1,583 Calculation of components of ratios 1) Net debt Short-term debt 867 604 Long-term debt, including current portion 4,408 4,508 Cash and cash equivalents (466) (412) Net debt 4,809 4,700 2) Adjusted total debt Guarantees and letters of credit (specified in credit facility agreements) 286 242 Adjusted total debt 5,095 4,942 Our revolving credit facilities and trade receivable securitization program require that we maintain these ratios as well as other non-financial covenants. We were in compliance with all covenants at December 31, 2017 . EBITDA d ivided by finance costs , which includes finance costs related to long-term debt plus other finance costs Adjusted total debt divided by the sum of adjusted total debt and total equity Last 12 months’ net earnings before finance costs, income taxes and earnings from disconti nued operations (EBIT) less income taxes at a tax rate of 28 percent ( 2016 – 28 percent) divided by rolling four quarter average operating capital employed. Operating capital employed includes non-cash workin g capital, property, plant and equipment, investments in associates and joint ventures, and other assets. Last 12 months’ EBIT less income taxes at a tax rate of 28 percent ( 2016 – 28 percent) divided by roll ing four quarter average capital employed. Capital employed includes operating capital employed, intangibles and goodwill.

FINANCIAL RISK MANAGEMENT (Tabl

FINANCIAL RISK MANAGEMENT (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure of nature and extent of risks arising from financial instruments [line items]
Maturities of natural gas derivative contracts	Natural gas derivative financial instruments outstanding (notional amounts in millions of MMBtu) December 31, 2017 2016 Average Fair value Average Fair value contract of assets contract of assets Notional Maturities price (a) (liabilities) Notional Maturities price (a) (liabilities) AECO swaps 70 2018–2019 2.43 (70) 48 2017–2018 2.90 (21) U.S. dollars per MMBtu Maturities of natural gas derivative contracts Fair value 2018 2019 AECO swaps (52) (18)
Natural gas derivative financial instruments outstanding	Natural gas derivative financial instruments outstanding December 31, 2017 2016 Gross Carrying Gross Carrying amount Netting amount amount Netting amount Accounts receivable 48 (48) - 65 (64) 1 Other assets 35 (25) 10 51 (51) - Accounts payable (99) 47 (52) (73) 67 (6) Other liabilities (54) 26 (28) (64) 48 (16) (70) - (70) (21) - (21)
Impact of change in fair value of natural gas derivative financial instruments	Impact of change in fair value of natural gas derivative financial instruments December 31, 2017 2016 A $10-million impact to other comprehensive income requires movement in gas prices per MMBtu 0.22 0.29
Sensitivity - impact of change in fair value of debentures	Sensitivity – impact of change in fair value of debentures December 31, 2017 Interest rate increase of 1% (428) Interest rate decrease of 1% 504
Maximum exposure to credit risk	e) Credit risk Maximum exposure to credit risk December 31, Notes 2017 2016 Cash and cash equivalents 466 412 Accounts receivable 21 2,406 2,208 Other current assets 118 121 Other non-current assets 32 28 3,022 2,769
Maturity profile of financial liabilities based on contractual undiscounted payments, including estimated interest payments	Less One Four More Carrying Contractual than one to three to five than five December 31, 2017 amount cash flows year years years years Short-term debt 867 867 867 - - - Accounts payable 3,495 3,495 3,495 - - - Current portion of long-term debt 11 11 11 - - - Long-term debt 4,397 7,606 219 868 862 5,657 Other liabilities 32 32 - 19 5 8 Foreign exchange derivative contracts 10 10 10 - - - Natural gas derivative contracts 80 80 52 28 - - 8,892 12,101 4,654 915 867 5,665
Gain (loss) on derivative financial instruments included in earnings	h) Gain (loss) on derivative financial instruments included in earnings 2017 2016 Realized Unrealized Total Realized Unrealized Total gain (loss) gain (loss) gain (loss) gain (loss) gain (loss) gain (loss) Foreign exchange derivatives Recorded in sales - (5) (5) (4) 1 (3) Recorded in cost of product sold 1 - 1 2 - 2 Recorded in other expenses (5) 4 (1) (7) (37) (44) (4) (1) (5) (9) (36) (45) Commodity derivatives Recorded in cost of product sold (48) - (48) (34) - (34) (48) - (48) (34) - (34) (52) (1) (53) (43) (36) (79)
Fair value hierarchy	December 31, 2017 2016 Fair value Carrying Fair value Carrying Level 1 Level 2 value Level 1 Level 2 value Financial instruments measured at fair value on a recurring basis Cash and cash equivalents - 466 466 - 412 412 Accounts receivable – derivatives - 9 9 - 2 2 Other current financial assets – marketable securities (a) 18 100 118 22 99 121 Other non-current financial assets – derivatives - 10 10 - - - Accounts payable – derivatives - 62 62 - 7 7 Other financial liabilities – derivatives - 28 28 - 16 16 Financial instruments measured at amortized cost Current portion of long-term debt (b) Debentures - - - - 101 100 Fixed and floating rate debt - 11 11 - 10 10 Long-term debt (b) Debentures - 4,909 4,376 - 4,600 4,373 Fixed and floating rate debt - 21 21 - 25 25 (a) Marketable securities consist of equity and fixed income securities. We determine the fair value of equity securities based on the bid price of identical instruments in active markets. We value fixed income securities using quoted prices of instruments with similar terms and credit risk. ( b ) We determine the fair value of long-term debt based on comparable debt instruments with similar maturities to our debt, adjusted where necessary to our credit spread, based on information published by fin ancial institutions. Carrying amount of floating rate debt approximates fair value.
Market risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Use of derivatives to hedge exposure to natural gas market price risk	Use of derivatives to hedge exposure to natural gas market price risk Term (gas year – 12 months ending October 31) 2018 2019 2020 2021 Maximum allowable (% of forecast gas requirements) 75 75 75 25 (a) Forecast average monthly natural gas consumption (millions of MMBtu) 9 9 9 9 Gas requirements hedged using derivatives designated as hedges (%) 33 24 - - (a) Maximum monthly hedged volume may not exceed 90 percent of planned monthly requirements.
Currency risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Derivative financial instruments outstanding	b) Market risk – currency risk Foreign exchange derivative financial instruments outstanding (notional amounts in millions) December 31, 2017 2016 Average Fair value Average Fair value contract of assets contract of assets Sell/Buy Notional Maturities price (a) (liabilities) Notional Maturities price (a) (liabilities) Forwards USD/CAD 338 2018 1.28 8 - - - - CAD/USD 266 2018 1.28 (6) 180 2017 1.34 - EUR/USD 28 2018 0.84 (1) - 2017 0.94 - USD/AUD 15 2018 1.31 - 14 2017 1.32 (1) AUD/USD 20 2018 1.29 - 22 2017 1.34 1 CNY/AUD 31 2018 6.97 (1) 23 2017 7.16 - Options CAD/USD – buy USD calls 126 2018 1.29 1 - - - - CAD/USD – sell USD puts 126 2018 1.25 (2) - - - - AUD/USD – buy USD calls 33 2018 1.35 - - - - - (1) - Foreign currency per U.S. dollar
Interest rate risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Sensitivity - impact of change in fair value of debentures	d) Market risk – interest rate risk Impact of change in short-term debt (basis points) December 31, 2017 A $10-million decrease in net earnings requires an increase in interest rates 158

EXPENSES (Tables)

EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2017
Expenses by nature [abstract]
Expenses by nature	15. EXPENSES Expenses by nature 2017 2016 (Increase) decrease in finished goods inventory (5) 7 Purchased and produced raw materials and product for resale 11,144 10,726 Rebates (1,244) (1,195) Freight and distribution 543 588 Short-term employee benefits 1,349 1,275 Post-employment benefits 55 54 Share-based payments 69 55 Depreciation of property, plant and equipment 420 385 Amortization of intangibles 110 108 Operating leases 211 197 Other 18 86 12,670 12,286 Expense line items Cost of product sold 10,340 10,078 Selling 2,014 1,913 General and administrative 247 240 Share-based payments 69 55 12,670 12,286
Other expenses	Other expenses 2017 2016 Loss on foreign exchange and related derivatives 14 13 Interest income (59) (66) Asset impairment - 15 Environmental remediation and asset retirement obligations 18 10 Bad debt expense 29 35 Potash profit and capital tax 13 12 Merger and related costs 94 31 Other 10 97 119 147

FINANCE COSTS (Tables)

FINANCE COSTS (Tables)	12 Months Ended
	Dec. 31, 2017
Borrowing costs [abstract]
Finance costs related to long-term debt	16. FINANCE COSTS Finance costs related to long-term debt 2017 2016 Gross finance costs related to long-term debt 222 228 Less: Borrowing costs capitalized at a rate of 4.4% (2016 – 4.4%) 12 24 210 204
Other finance costs	Other finance costs 2017 2016 Accretion of environmental remediation and asset retirement obligations 8 7 Finance costs from customer prepayments 35 32 Other interest expense 58 35 101 74

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2017
Major components of tax expense (income) [abstract]
Components of income taxes	17. INCOME TAXES Components of income taxes 2017 2016 Current tax expense 90 196 Previously unrecognized tax assets (4) - Adjustments for prior years (32) - Current income taxes 54 196 Origination and reversal of temporary differences 160 37 Change in income tax rate (a) (11) - Previously unrecognized tax assets - (5) Deferred income taxes 149 32 203 228 U.S. federal corporate income tax rate decreased from 35 percent to 21 percent effective January 1, 2018
Reconciliation of statutory tax rate to effective tax rate	Reconciliation of statutory tax rate to effective tax rate 2017 2016 Earnings before income taxes Canada 16 79 Foreign 689 733 705 812 Statutory rate (%) 27 27 Income taxes at statutory rate 190 219 Foreign currency losses relating to Canadian operations 11 9 Differences in foreign tax rates (14) 5 Earnings from associates and joint ventures (9) (15) U.S. tax reform 9 - Recognition of previously unrecognized tax assets (4) (5) Other 20 15 Income taxes 203 228 Current Canada (11) 23 Foreign 65 173 54 196 Deferred Canada 27 7 Foreign 122 25 149 32 203 228
Components of deferred income taxes	Components of Components Components deferred income tax recognized not recognized Components of deferred income taxes liabilities (assets) in earnings in earnings 2017 2016 2017 2016 2017 2016 Receivables, inventories and accrued liabilities (162) (162) - (29) - - Property, plant and equipment 748 633 100 92 15 12 Intangibles 57 83 (37) (31) 11 3 Asset retirement and environmental remediation provisions (149) (132) (16) 7 (1) (2) Deferred partnership income - - - (61) - 3 Loss carry-forwards (a) (44) (13) (30) 32 (1) (1) Other (62) (35) (4) 17 (23) 2 Net deferred income tax liabilities 388 374 13 27 1 17 Deferred income tax assets (85) (34) Deferred income tax liabilities 473 408 Net deferred income tax liabilities 388 374 We have not recognized unused tax losses of $ 56 -million ( 2016 – $ 58 -million) expiring through 2037 ( 2016 – expiring through 2036 ) in the consolidated financial statements. We have recognized unused tax losses of $ 38 -million ( 2016 – $ 9 -million – does not expire per current tax legislation) as we expect to earn future taxable income in that tax jurisdiction in 2018 and following years, and the tax losses do not expire until 2037.

POST-EMPLOYMENT BENEFITS (Table

POST-EMPLOYMENT BENEFITS (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure of defined benefit plans [abstract]
Continuity of obligation and plan assets	Defined benefit Other post-employment Continuity of obligation and plan assets pension plans benefit plans Plan Plan Obligation assets Net Obligation assets Net Total December 31, 2016 (331) 266 (65) (76) - (76) (141) Expense included in earnings Service cost (7) - (7) (3) - (3) (10) Interest (expense) income (9) 7 (2) (3) - (3) (5) Settlements 3 - 3 - - - 3 Administrative costs - (1) (1) - - - (1) (13) 6 (7) (6) - (6) (13) Included in other comprehensive income Actuarial gain (loss) arising from: Changes in demographic assumptions 1 - 1 - - - 1 Changes in financial assumptions (13) - (13) (5) - (5) (18) Return on plan assets, excluding interest - 12 12 - - - 12 (12) 12 - (5) - (5) (5) Cash flows Employee contributions - - - (1) - (1) (1) Employer contributions 2 19 21 2 - 2 23 Benefits paid 109 (109) - 1 - 1 1 111 (90) 21 2 - 2 23 Foreign currency exchange and translation (13) 11 (2) (4) - (4) (6) December 31, 2017 (258) 205 (53) (89) - (89) (142) Arising from: Funded plans (194) - (194) Unfunded plans (64) (89) (153) December 31, 2017 (258) (89) (347) Defined benefit Other post-employment Continuity of obligation and plan assets pension plans benefit plans Plan Plan Obligation assets Net Obligation assets Net Total December 31, 2015 (310) 253 (57) (67) - (67) (124) Expense included in earnings Service cost (6) - (6) (3) - (3) (9) Past service cost (2) - (2) - - - (2) Interest (expense) income (13) 10 (3) (2) - (2) (5) Settlements 3 - 3 - - - 3 (18) 10 (8) (5) - (5) (13) Included in other comprehensive income Actuarial gain (loss) arising from: Liability experience adjustments (1) - (1) (1) - (1) (2) Changes in financial assumptions (12) - (12) (1) - (1) (13) Return on plan assets, excluding interest - 5 5 - - - 5 (13) 5 (8) (2) - (2) (10) Cash flows Employee contributions - - - (1) - (1) (1) Employer contributions 2 7 9 2 - 2 11 Benefits paid 14 (14) - 1 - 1 1 16 (7) 9 2 - 2 11 Foreign currency exchange and translation (6) 5 (1) (4) - (4) (5) December 31, 2016 (331) 266 (65) (76) - (76) (141) Arising from: Funded plans (276) - (276) Unfunded plans (55) (76) (131) December 31, 2016 (331) (76) (407)
Post-employment benefits expense	Post-employment benefits expense 2017 2016 Defined contribution pension plans 52 50 Defined benefit pension plans 7 8 Other post-employment benefit plans 6 5 65 63 Expense line items Cost of product sold 34 30 General and administrative 21 24 Other expenses 5 4 Other finance costs 5 5 65 63
Assumptions	Assumptions and sensitivities Future benefits Future benefits Actuarial assumptions (%) obligation expense (expressed as weighted averages) 2017 2016 2017 2016 Defined benefit pension plans Discount rate 3 4 3 3 Expected long-term rate of return on assets N/A N/A 3 3 Rate of increase in compensation levels 3 3 3 3 Other post-employment benefit plans Discount rate 4 4 4 4 Basis for key assumptions Discount rate – liabilities High-quality (minimum AA) fixed income investments with cash flows that match the currency, timing and amount of the expected cash flows of the plans Rate of return – assets Long-term expectations of inflation and real return for each asset class, weighted in accordance with the investment policy for the plans Real returns and inflation Current market conditions, historical capital market data and future expectations Life expectancy Actuarial mortality tables published in Canada and the United States 2017 2016 Assumed and ultimate health care cost trend rates Health care cost trend rate assumed for the next fiscal year (%) 6 7 Ultimate health care cost trend rate (%) 5 5 Fiscal year the rate reaches the ultimate trend rate 2023 2023 Mortality assumptions per latest available standard mortality tables (remaining years) Average life expectancy – currently aged 60 years (2016 - 65 years) Male 25 22 Female 27 24 Average duration of benefit obligation (years) Active members 19 18 Retired members 12 11 Average duration of the benefit obligation 15 14
Defined benefit pension plans - asset allocation	Target Defined benefit pension plans – asset allocation allocation Plan assets Asset categories (%) 2018 2017 2016 Equity securities (with quoted market prices) 46 Canadian equity funds 13 11 U.S. equity funds 3 1 International equity funds 26 15 Emerging market equity funds 7 4 Debt securities (with quoted market prices) 53 Canadian debt securities 50 34 U.S. debt securities 1 22 Cash and other 1 - 13

SHARE-BASED PAYMENTS (Tables)

SHARE-BASED PAYMENTS (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure of terms and conditions of share-based payment arrangement [abstract]
Plan features	Plan features Form of payment Eligibility Granted Vesting period Term Settlement Stock Options Officers and Annually 25% per year 10 years Shares employees over four years Stock Appreciation Rights Certain employees Annually 25% per year 10 years Cash ("SARs") (a) outside Canada over four years Performance Share Units Executive officers Annually On third N/A Cash ("PSUs") and other eligible anniversary of employees grant date Restricted Share Units Eligible employees Annually On third N/A Cash ("RSUs") anniversary of grant date Director Deferred Share Non-executive At the discretion Fully vested N/A In cash on Units ("DSUs") directors of the Board of upon grant director's departure Directors from the Board of Directors Effective January 1, 2015, tandem stock appreciation rights (TSARs) were no longer issued to eligible officers and employees. TSARs granted in Canada prior to January 1, 2015 have similar terms and vesting conditions to SARs and also provide the holder with the ability to choose between (a) receiving the price of our shares on the date of exercise in excess of the exercise price of the right and (b) receiving common shares by paying the exercise price of the right. Our past experience and future expectat ion is that substantially all option holders will elect to exercise their options as a SAR, surrendering their options and receiving settlement in cash. TSARs are included with the SARs disclosure in the following tables.
Stock option and SAR activity	Stock Option and Stock Appreciation Rights Plans Stock option and SAR activity (number of units in thousands; weighted average exercise price in U.S. dollars) 2017 2016 Exercise Exercise Units price Units price Outstanding, beginning of year 2,393 93.33 2,130 92.78 Granted 523 103.22 603 84.37 Forfeited (4) 95.01 (8) 68.39 Exercised (228) 89.99 (329) 73.31 Expired (3) 55.97 (3) 90.52 Outstanding, end of year (a) 2,681 95.64 2,393 93.33 Exercisable, end of year 1,333 93.20 1,088 90.70 Maximum available for future grants, end of year 4,712 4,973 Weighted average fair value of outstanding 26.21 24.24 Weighted average share price at exercise date 109.14 99.01 ) Includes 1,300 thousand SARs ( 2016 – 1,456 thousand), of which 775 thousand ( 2016 – 960 thousand) issued prior to January 1, 2015 have options attached. Stock options and SARs with options attached are potentially dilutive.
Stock options and SARs outstanding	Stock options and SARs outstanding (number of units in thousands; weighted average remaining contractual life in years; weighted average exercise price in U.S. dollars) At December 31, 2017 Options outstanding Options exercisable Remaining contractual Exercise Exercise Range of exercise prices life Units price Units price Less than $86.32 7 720 79.27 268 70.67 $86.33 to $90.83 5 586 89.98 461 89.83 $90.84 to $102.18 4 348 98.64 347 98.64 $102.19 to $109.55 8 532 103.22 9 103.45 $109.56 to $115.87 6 495 115.87 248 115.87 6 2,681 95.64 1,333 93.20
PSU and RSU activity	PSU and RSU activity (number of units in thousands) 2017 2016 PSU RSU PSU RSU Outstanding, beginning of year 614 262 608 121 Granted 336 121 198 146 Forfeited (5) (9) (4) (5) Exercised (323) (1) (188) - Outstanding, end of year 622 373 614 262 Weighted average fair value of outstanding 137.41 112.35 121.41 100.25
Compensation expense by plan	Other information Compensation expense by plan 2017 2016 Stock options 11 8 SARs 3 3 TSARs 5 1 PSUs 31 29 RSUs 15 10 DSUs 4 4 69 55
Liabilities for cash-settled plans	Liabilities for cash-settled plans December 31, 2017 2016 Total fair value liability for cash-settled plans 135 115 Total intrinsic liability for cash-settled plans 130 100
Valuation model inputs	Valuation model inputs December 31, 2017 2016 Grant price (NYSE closing price on day immediately preceding grant date) 96.67 92.86 Share price (NYSE closing price at December 31) 115.00 100.55 Expected annual volatility (%) 25.10 28.33 Risk-free interest rate (%) 1.74 1.54 Expected annual dividend yield (%) 3.04 3.48 Expected life (years) 4 5 Forfeiture rate (%) 0.57 0.59

CASH FLOW INFORMATION (Tables)

CASH FLOW INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2017
Statement of cash flows [abstract]
Cash and cash equivalents	20. CASH FLOW INFORMATION Cash and cash equivalents December 31, 2017 2016 Cash 447 408 Short-term investments (original maturity of three months or less) 19 4 466 412
Net changes in non-cash operating working capital	Net changes in non-cash operating working capital 2017 2016 Accounts receivable (175) (177) Inventories (151) 230 Prepaid expenses and deposits (156) (137) Accounts payable 467 556 (15) 472

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
	Dec. 31, 2017
Trade and other receivables [abstract]
Trade and other current receivables	December 31, 2017 2016 Trade accounts 2,247 1,980 Allowance for doubtful accounts (78) (76) Rebates 163 250 Other non-trade accounts 49 36 Derivative financial instruments 9 2 Other taxes 16 16 2,406 2,208
Trade accounts receivable - aging	Trade accounts receivable – aging December 31, 2017 2016 Allowance for Allowance for doubtful doubtful Gross accounts Gross accounts Not past due 1,762 (4) 1,597 (10) 30 days or less 210 - 152 (3) 31–60 days 78 - 43 (2) 61–90 days 32 (1) 21 (2) Greater than 90 days 165 (73) 167 (59) 2,247 (78) 1,980 (76)

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2017
Classes of current inventories [abstract]
Inventories	December 31, 2017 2016 Product for resale (a) 2,571 2,454 Raw materials 383 404 Finished goods 367 372 3,321 3,230 Includes biological assets of $ 6 -million ( 2016 – $ 17 -million) measured at FVLCD, a Level 3 measurement

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	23. PROPERTY, PLANT AND EQUIPMENT Machinery Buildings and and Assets under December 31, 2017 Land improvements equipment construction (a) Other Total Cost December 31, 2016 134 3,457 4,845 1,453 208 10,097 Additions 5 230 216 440 2 893 Business acquisitions 2 19 19 - - 40 Disposals (2) (19) (216) (4) (3) (244) Transfers (b) - 127 999 (1,139) 13 - Other adjustments (c) (21) (244) (297) (101) (90) (753) Foreign currency translation 2 93 118 11 3 227 December 31, 2017 120 3,663 5,684 660 133 10,260 Accumulated depreciation December 31, 2016 - (692) (2,513) - (74) (3,279) Depreciation - (113) (335) - (10) (458) Disposals - 13 203 - 3 219 Other adjustments (c) - 154 229 - 39 422 Foreign currency translation - (13) (59) - (1) (73) December 31, 2017 - (651) (2,475) - (43) (3,169) Net book value 120 3,012 3,209 660 90 7,091 Assets under construction include assets in the following operating segments: nitrogen assets of $ 452 -million, potash assets of $ 90 -million and $ 118 -million in various other operating segments. Assets in the nitrogen and potash operating segments include greenfield assets of $ 116 -million and brownfield assets of $ 292 -million. We transferred $ 662 -million related to the Borger expansion project from assets under construction to buildings and improvements and machinery and equipment when the assets became ava ilable for use. Other adjustments include assets classified as held for sale with a net book value of $ 291 -million . Machinery Buildings and and Assets under December 31, 2016 Land improvements equipment construction (a) Other Total Cost December 31, 2015 126 3,307 4,379 1,209 185 9,206 Additions 4 42 174 528 1 749 Business acquisitions 6 52 61 - - 119 Disposals (3) (25) (68) - - (96) Transfers - 43 230 (291) 18 - Other adjustments - (37) (14) - - (51) Foreign currency translation 1 75 83 7 4 170 December 31, 2016 134 3,457 4,845 1,453 208 10,097 Accumulated depreciation December 31, 2015 - (603) (2,208) - (62) (2,873) Depreciation - (103) (317) - (11) (431) Disposals - 20 47 - - 67 Foreign currency translation - (6) (35) - (1) (42) December 31, 2016 - (692) (2,513) - (74) (3,279) Net book value 134 2,765 2,332 1,453 134 6,818 Assets under construction include assets in the following operating segments: nitrogen assets of $ 1.2 -billion, potash assets of $ 140 -million and $ 113 -million in various other operating segments. Assets in the nitrogen and potash operating segments include greenfield assets of $ 116 -million and brownfield assets of $ 860 -million.
Depreciation of property, plant and equipment	Depreciation of property, plant and equipment 2017 2016 Cost of product sold 222 204 Selling 176 160 General and administrative 22 21 420 385 Depreciation recorded in inventory 11 24
Turnaround costs included in machinery and equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	Turnaround costs included in machinery and equipment 2017 2016 Cost Balance, beginning of year 316 273 Additions 111 44 Retirements (86) (1) Other adjustments (36) - Balance, end of year 305 316 Accumulated depreciation Balance, beginning of year (169) (102) Depreciation (57) (68) Retirements 85 1 Other adjustments 26 - Balance, end of year (115) (169) Net book value 190 147

INTANGIBLES AND GOODWILL (Table

INTANGIBLES AND GOODWILL (Tables)	12 Months Ended
	Dec. 31, 2017
Intangible assets and goodwill [abstract]
Intangible assets and goodwill	Trade Customer Total December 31, 2017 names (a) relationships (b) Technology Other intangibles Goodwill Cost December 31, 2016 30 742 191 278 1,241 2,290 Additions - - 10 11 21 - Business acquisitions - - - 27 27 122 Disposals - - (34) - (34) - Other adjustments - - - 7 7 - Foreign currency translation 4 7 9 6 26 28 December 31, 2017 34 749 176 329 1,288 2,440 Accumulated amortization and impairment losses December 31, 2016 (6) (402) (89) (178) (675) (195) Amortization (1) (50) (20) (39) (110) - Disposals - - 34 - 34 - Other adjustments - - - (7) (7) - Foreign currency translation - (6) (5) (1) (12) (17) December 31, 2017 (7) (458) (80) (225) (770) (212) Net book value 27 291 96 104 518 2,228 Trade names with a net book value of $ 19 -million have indefinite useful lives for accounting purposes. The remaining amortization period of customer relationships at December 31, 2017 , is approximately six years. Trade Customer Total December 31, 2016 names (a) relationships Technology Other intangibles Goodwill Cost December 31, 2015 30 755 148 233 1,166 2,177 Additions - - 15 7 22 - Business acquisitions - 3 - 22 25 105 Other adjustments - (17) 26 16 25 10 Foreign currency translation - 1 2 - 3 (2) December 31, 2016 30 742 191 278 1,241 2,290 Accumulated amortization and impairment losses December 31, 2015 (5) (346) (45) (138) (534) (197) Amortization (1) (56) (18) (33) (108) - Other adjustments - - (26) (7) (33) - Foreign currency translation - - - - - 2 December 31, 2016 (6) (402) (89) (178) (675) (195) Net book value 24 340 102 100 566 2,095 Trade names with a net book value of $ 17 -million have indefinite useful lives for accounting purposes.
Amortization of finite-lived intangibles	Amortization of finite-lived intangibles 2017 2016 Cost of product sold 3 3 Selling 99 103 General and administrative 8 2 110 108
Goodwill impairment testing	Goodwill impairment testing Goodwill by cash generating unit December 31, 2017 2016 Retail – North America 2,090 1,972 Retail – Australia 130 115 Other 8 8 2,228 2,095

INVESTMENTS IN ASSOCIATES AND48

INVESTMENTS IN ASSOCIATES AND JOINT VENTURES (Tables)	12 Months Ended
	Dec. 31, 2017
Investments In Subsidiaries Joint Ventures And Associates [Abstract]
Investments in associates and joint ventures	Reporting Interest period (%) Location December 31, 2017 2016 Investments in associates Misr Fertilizers Production Company S.A.E. ("MOPCO") – a nitrogen producer September 30 26 Egypt 238 285 Other 108 94 346 379 Investments in joint ventures Profertil S.A. ("Profertil") - a nitrogen producer December 31 50 Argentina 176 162 176 162 522 541
Investments in associates, summerized financial information	Summarized financial information of MOPCO December 31, 2017 2016 Current assets 158 29 Non-current assets 1,654 1,510 1,812 1,539 Current liabilities 238 207 Non-current liabilities 863 538 1,101 745 Net assets of MOPCO 711 794 Proportionate ownership interest in MOPCO 185 206 Dividend receivable 7 29 Unamortized purchase price adjustment 46 50 Carrying amount of interest in MOPCO 238 285 2017 2016 Sales 421 128 Net earnings 81 149 Other comprehensive loss (158) (131) Total comprehensive (loss) income (77) 18 Proportionate share of MOPCO earnings 21 39 Purchase price adjustment amortization (4) (4) Earnings from MOPCO 17 35 Proportionate share of MOPCO other comprehensive loss (41) (34) Proportionate share of MOPCO total comprehensive (loss) income (24) 1 Dividends received from MOPCO 13 -
Investments in joint ventures, summerized financial information	Summarized financial information of Profertil December 31, 2017 2016 Current assets (a) 226 176 Non-current assets 548 595 774 771 Current liabilities (b) 212 195 Non-current liabilities (c) 209 251 421 446 Net assets of Profertil 353 325 Proportionate share of net assets of Profertil 177 163 Elimination of unrealized profit (1) (1) Carrying amount of interest in Profertil 176 162 Includes cash and cash equivalents of $ 12 -million ( 2016 – $ 22 -million) Includes current financial liabilities (excluding trade and other payables and provisions) of $ 77 -million ( 2016 – $ 59 -million) Includes non-current financial liabilities (excluding trade and other payables and provisions) of $ 56 -million ( 2016 – $ 116 -million) 2017 2016 Sales 432 392 Depreciation and amortization 22 26 Interest expense 21 24 Income taxes 20 39 Net earnings 26 51 Total comprehensive income 26 51 Proportionate share of Profertil earnings 13 26 Elimination of unrealized profit - 1 Dividends and interest received from Profertil - 108
Disclosure of transactions between related parties [line items]
Transactions with Associates and Joint Ventures	Related party transactions 2017 2016 Short-term benefits 19 19 Post-employment benefits 2 2 Share-based payments 31 24
Related parties [member]
Disclosure of transactions between related parties [line items]
Transactions with Associates and Joint Ventures	Transactions with associates and joint ventures 2017 2016 For the year ended December 31, Sales to Canpotex 178 162 Purchases from MOPCO 26 9 Purchases from Profertil 68 61 As at December 31, Amounts receivable from Canpotex 18 29 Amounts owed to Profertil 11 7

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2017
Miscellaneous assets [abstract]
Detailed Information About Other Assets	Other current assets December 31, 2017 2016 Other financial assets Marketable securities (a) 118 121 Other non-financial assets 2 2 120 123 Other assets December 31, 2017 2016 Other financial assets Receivables (b) 22 28 Derivative financial instruments 10 - 32 28 Other non-financial assets 26 20 58 48 a) Comprised primarily of U.S. equities ( 10 percent), U.S. Government debt ( 36 percent) and U.S. corporate debt ( 45 percent). (b) Unsecured term loan receivable bearing interest at 3.4 percent per annum, repayable $ 8 -million annually until 2020.

DEBT (Tables)

DEBT (Tables)	12 Months Ended
	Dec. 31, 2017
Borrowings [abstract]
Detailed Information About Borrowings	December 31, December 31, 2017 2016 Maturity Rate (%) (a) Utilized Utilized Short-term debt Commercial paper (b) 2018 1.88 565 306 Credit facilities (c)(d) 8.89 302 298 867 604 Long-term debt (e) Floating rate bank loans - - 10 7.7% debentures 2017 - 100 6.75% debentures 2019 500 500 3.15% debentures 2022 500 500 3.5% debentures 2023 500 500 3.375% debentures 2025 550 550 7.8% debentures 2027 125 125 4.125% debentures 2035 450 450 7.125% debentures 2036 300 300 6.125% debentures 2041 500 500 4.9% debentures 2043 500 500 5.25% debentures 2045 500 500 Other 32 25 4,457 4,560 Unamortized transaction costs (49) (52) Current portion of long-term debt (11) (110) 4,397 4,398 (a) Weighted average rates at December 31, 2017 (b) Program maximum U.S. $ 2.5 -billion. Amounts borrowed under the commercial paper program reduce our borrowing capacity under the multi-jurisdictional credit facility. (c) Short-term debt is unsecured and consists of U.S. dollar-denominated debt of $ 164 -million, euro-denominated debt of $ 47 -million and other debt of $ 91 -million ( 2016 – $ 236 -million, $ 53 -million and $ 9 -million). (d) Total capacity available on our multi-jurisdictional credit facility, which expires in 2020 , is $ 2.5 -billion. (e) Debentures have various provisions that allow redemption prior to maturity, at our optio n, at specified prices.
Disclosure of debt capacity available [table text block]	Debt capacity available December 31, 2017 Multi-jurisdictional credit facility 2,500 European facilities 240 South American facilities 211 Australian facilities 50 Accounts receivable securitization 500 3,501 Short-term debt drawn (867) Letters of credit issued (1) Debt capacity available 2,633
Debt continuity	Short-term debt Long-term debt (a) December 31, 2016 604 4,508 Cash flows reported as financing activities 258 (110) Non-cash changes Other adjustments - 10 Foreign currency translation 5 - December 31, 2017 867 4,408 Includes current portion

ACCOUNTS PAYABLE (Tables)

ACCOUNTS PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2017
Accounts Payable [Abstract]
Accounts payable, accrued laibilities and customer prepayments	December 31, 2017 2016 Trade 2,576 2,235 Customer prepayments 1,532 1,449 Accrued liabilities 728 670 Other taxes 28 32 Accrued interest 70 72 Dividends 121 121 Derivative financial instruments 62 7 Share-based payments 89 76 5,206 4,662

OTHER PROVISIONS (Tables)

OTHER PROVISIONS (Tables)	12 Months Ended
	Dec. 31, 2017
Other Provisions [Abstract]
Other provisions details	Environmental Asset Notes remediation (a) retirement (b) Other Total December 31, 2016 141 231 9 381 Additional provisions or changes in estimates 34 23 177 25 225 Draw-downs (20) (10) (4) (34) Reversals - - (2) (2) Accretion 2 6 - 8 Other adjustments - - 1 1 Foreign currency translation 3 3 - 6 December 31, 2017 149 407 29 585 Current portion 22 17 24 63 Non-current portion 127 390 5 522 149 407 29 585 (a) We estimate that we will settle our environmental remediation liabilities between 2018 and 2042 . We discount obligations using rates ranging from 0.65 percent to 4.00 percent ( 2016 – 0.65 percent to 4.00 percent). Provisions include $ 42 -million of remediation liabilities we retained for the Idaho phosphate mining and processing sites as a condition of the sale. No individual site provision is material. (b) Mining, extraction, processing and distribution activities result in asset retirement obligations in the normal course of operations. Obligations include closure, dismantlement, site restoration or other legal or constructive obligations for terminati on and retirement of assets. Expenditures may occur before and after closure. We expect to incur expenditures for our phosphate obligations over the next 70 years. We expect to make payments for our potash and nitrogen obligations after t hat time. Timing of expenditures depends on several factors, such as the life and nature of the asset, legal requirements and technology. We estimate obligations using discount rates ranging from 1.22 percent to 4.55 percent ( 2016 – 1.22 percent to 4.55 percent). Provisions include $ 162 -million related to obligations we retained for the Conda Idaho phosphate mining and processing sites, and $ 195 -million for our Redwater, Alberta facility. No other site provision is material.

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2017
Miscellaneous liabilities [abstract]
Other liabilities	30. OTHER LIABILITIES December 31, 2017 2016 Other financial liabilities Derivative financial instruments 28 16 Other 32 13 60 29 Other non-financial liabilities Share-based payments 46 39 106 68

DISCONTINUED OPERATIONS AND A54

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure Of Noncurrent Assets Held For Sale And Discontinued Operations [abstract]
Condensed information of discontinued operations [Table Text Block]	Condensed information of discontinued operations (a) 2017 2016 Operating information Discontinued operations of assets held for sale Sales 299 278 Expenses 308 270 (Loss) earnings before income taxes (9) 8 Income tax recovery (10) (4) Earnings before measurement of assets held for sale 1 12 Loss on measurement of assets held for sale (b) (311) - Income tax recovery on loss on measurement of assets held for sale (123) - Net (loss) earnings from discontinued operations (187) 12 Cash flow information Operating activities 24 30 Investing activities (20) (23) Cash provided by discontinued operations 4 7 (a) No cumulative income or expenses are included in other comprehensive income related to CPO. (b) The write-down of CPO assets when classified as held for sale is predominately related to property, plant and equipment.

BUSINESS ACQUISITIONS (Tables)

BUSINESS ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure Of Business Combinations [Abstract]
Detailed Information About Business Combinations	Provisional estimate of fair values of assets acquired and liabilities assumed for all business acquisitions by the Retail business unit 2017 Acquisitions 2016 Acquisitions Working capital 17 62 Property, plant and equipment 40 119 Intangibles 27 25 Goodwill 122 105 Other non-current assets 8 31 Deferred income tax liabilities (11) - Total consideration 203 342 Financial information related to our business acquisitions 2017 (a) Sales from the date of acquisition 97 Estimated sales if acquisitions occurred at the beginning of the year 328 Net earnings and pro forma net earnings related to these acquisitions are $ 3 -million and $ 25 -million, respectively.

COMMITMENTS (Tables)

COMMITMENTS (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure Of Commitments [Abstract]
Future minimum lease payments	Future minimum lease payments for operating leases December 31, 2017 2016 Less than one year 147 139 One to five years 317 283 More than five years 157 171 621 593
Other commitments	Other commitments 2018 2019 2020 2021 2022 Operating Long-term debt – interest 219 185 183 183 179 Cost of product sold Natural gas (a)(b) 235 99 22 12 - Power, sulfuric acid and other (c)(d) 170 77 78 80 86 Purchase commitments (e) 735 112 127 142 148 Derivative financial instruments Foreign exchange 10 - - - - Natural gas 52 28 - - - Other commitments 61 43 13 13 13 1,482 544 423 430 426 Capital Long-term debt – principal repayments - 500 - - 500 Asset retirement obligations 17 17 27 6 7 Environmental remediation liabilities 22 35 12 5 6 39 552 39 11 513 1,521 1,096 462 441 939 (a) Our minimum commitments for North American natural gas purchases, which include both floating rate and fixed rate contracts, are calculated using the prevailing NYMEX forward prices for U.S. facilities and AECO forward prices for Canadian facilities at December 31, 2017 . ( b ) Commitments include our proportionate share of commitments of joint ventures. Profertil has long-term gas contracts denominated in U.S. dollars and expiring in 2019 , which account for approximately 100 percent of Profertil’s gas requirements. YPF S.A., our joint venture partner in Profertil, supplies approximately 70 percent of the gas under these contracts. ( c ) O ur Carseland facility has a power co-generation agreement, exp ir ing on December 31, 2026 , for which we are able to purchase 60 megawatt-hours of power per hour. The price for the power is based on a fixed charge adjusted for inflation and a variable charge based on the cost of natural gas pro vided to the facility for power generation. ( d ) Our phosphate rock supply agreement includes a minimum commitment to purchase phosphate rock until 2018 , with a potential to nominate additional volumes and extend to 2020 . In 2016 , we decided not to nominate any additional volumes past 2018 . The purchase price is based on a formula that tracks finished product pricing and key published phosphate input costs. We entered into a freight contract to import phosp hate rock extending to 2019 , with a total commitment of $ 59 -million at December 31, 2017 . ( e ) As part of our agreement to s ell CPO, we entered into long-term strategic supply and offtake agreement s which extends to 2023. Under the terms of the supply and offtake agreements, we will supply 100 percent of the ammonia requirements of CPO and purchase 100 percent of the monoammonium phosphate (MAP) pro duct produced at CPO. The MAP production is estimated at 330,000 to nnes per year. (f) Our post-employment benefits obligations are not included in this table. Refer to note 18 for additional information.

CORPORATE INFORMATION - Related

CORPORATE INFORMATION - Related party transations (Details) - ELT and Board of Directors [member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of transactions between related parties [line items]
Short-term benefits	$ 19	$ 19
Post-employment benefits	2	2
Share-based payments	$ 31	$ 24

CORPORATE INFORMATION - Princip

CORPORATE INFORMATION - Principal subsidiaries, associates and joint ventures (Details)	12 Months Ended
	Dec. 31, 2017
Profertil S.A. [Member]
Disclosure of financial information [line items]
Principal activity	Manufacturer and distributor of crop nutrients
Relationship/Ownership, Joint Venture	50.00%
Location, Joint Venture	Argentina
Method of accounting, Joint Venture	Equity method
Misr Fertilizers Production Company S.A.E. [Member]
Disclosure of financial information [line items]
Principal activity	Manufacturer and distributor of crop nutrients
Relationship/Ownership, Associate	26.00%
Location, Associate	Egypt
Method of accounting, Associate	Equity method
Agrium Canada Partnership [member]
Disclosure of financial information [line items]
Relationship/Ownership, Subsidiary	100.00%
Location, Subsidiary	Canada
Principal activity	Manufacturer and distributor of crop nutrients
Method of accounting, Subsidiary	Consolidation
Agrium Potash Ltd. [Member]
Disclosure of financial information [line items]
Relationship/Ownership, Subsidiary	100.00%
Location, Subsidiary	Canada
Principal activity	Manufacturer and distributor of crop nutrients
Method of accounting, Subsidiary	Consolidation
Agrium U.S. Inc. [member]
Disclosure of financial information [line items]
Relationship/Ownership, Subsidiary	100.00%
Location, Subsidiary	United States
Principal activity	Manufacturer and distributor of crop nutrients
Method of accounting, Subsidiary	Consolidation
Agroservicios Pampeanos S.A. [member]
Disclosure of financial information [line items]
Relationship/Ownership, Subsidiary	100.00%
Location, Subsidiary	Argentina
Principal activity	Crop input retailer
Method of accounting, Subsidiary	Consolidation
Crop Production Services, Inc.[member]
Disclosure of financial information [line items]
Relationship/Ownership, Subsidiary	100.00%
Location, Subsidiary	United States
Principal activity	Crop input retailer
Method of accounting, Subsidiary	Consolidation
Crop Production Services (Canada), Inc. [Member]
Disclosure of financial information [line items]
Relationship/Ownership, Subsidiary	100.00%
Location, Subsidiary	Canada
Principal activity	Crop input retailer
Method of accounting, Subsidiary	Consolidation
Cominco Fertilizer Partnership [Member]
Disclosure of financial information [line items]
Relationship/Ownership, Subsidiary	100.00%
Location, Subsidiary	United States
Principal activity	Manufacturer and distributor of crop nutrients
Method of accounting, Subsidiary	Consolidation
Landmark Operations Ltd. [member]
Disclosure of financial information [line items]
Relationship/Ownership, Subsidiary	100.00%
Location, Subsidiary	Australia
Principal activity	Crop input retailer
Method of accounting, Subsidiary	Consolidation
Loveland Products Inc. [member]
Disclosure of financial information [line items]
Relationship/Ownership, Subsidiary	100.00%
Location, Subsidiary	United States
Principal activity	Crop input developer and retailer
Method of accounting, Subsidiary	Consolidation

CORPORATE INFORMATION - (Narrat

CORPORATE INFORMATION - (Narrative) (Details) - Merger with Potash Corporation of Saskatchewan [member] $ in Billions	12 Months Ended
	Dec. 31, 2017USD ($)shares
Disclosure Of Business Combinations [Line Items]
Additional information about nature and financial effect of business combination	Shareholders of Agrium received 2.230 common shares of Nutrien for each Agrium share held and shareholders of PotashCorp received 0.400 common shares of Nutrien for each PotashCorp share held. The exchange ratios represent the respective closing share prices of each company’s common shares at market close on the NYSE on August 29, 2016,
Date of acquisition	Jan. 1, 2018
Purchase consideration | $	$ 16
Common shares of Nutrien [Member] | Shareholders of Agrium [Member]
Disclosure Of Business Combinations [Line Items]
Number of common share received for each subsidiary share held	2.23
Common shares of Nutrien [Member] | Shareholders of PotashCorp [Member]
Disclosure Of Business Combinations [Line Items]
Number of common share received for each subsidiary share held	0.4

OPERATING SEGMENTS - Segment in

OPERATING SEGMENTS - Segment information (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Disclosure of operating segments [line items]
Sales		$ 13,766	$ 13,457
Earnings before finance costs and income taxes		1,016	1,090
Depreciation and amortization		530	493
EBITDA		1,546	1,583
(Earnings) loss from associates and joint ventures		39	66
Total assets		17,942	16,963
Additions to non-current assets	[1]	1,103	1,020
External [member]
Disclosure of operating segments [line items]
Sales		13,766	13,457
Inter-segment [member]
Disclosure of operating segments [line items]
Sales		0	0
Operating segments [member] | Retail business unit [member]
Disclosure of operating segments [line items]
Sales		12,103	11,766
Earnings before finance costs and income taxes		890	817
Depreciation and amortization		289	274
EBITDA	[2]	1,179	1,091
(Earnings) loss from associates and joint ventures		9	6
Total assets		10,238	9,482
Additions to non-current assets	[1]	462	435
Operating segments [member] | Retail business unit [member] | External [member]
Disclosure of operating segments [line items]
Sales		12,056	11,723
Operating segments [member] | Retail business unit [member] | Inter-segment [member]
Disclosure of operating segments [line items]
Sales		47	43
Operating segments [member] | North America segment [member]
Disclosure of operating segments [line items]
Sales		9,921	9,608
Earnings before finance costs and income taxes		716	676
Depreciation and amortization		273	249
EBITDA	[2]	989	925
(Earnings) loss from associates and joint ventures		7	4
Total assets		8,668	8,144
Additions to non-current assets	[1]	423	405
Operating segments [member] | North America segment [member] | External [member]
Disclosure of operating segments [line items]
Sales		9,874	9,565
Operating segments [member] | North America segment [member] | Inter-segment [member]
Disclosure of operating segments [line items]
Sales		47	43
Operating segments [member] | International segment [Member]
Disclosure of operating segments [line items]
Sales		2,182	2,158
Earnings before finance costs and income taxes		174	141
Depreciation and amortization		16	25
EBITDA	[2]	190	166
(Earnings) loss from associates and joint ventures		2	2
Total assets		1,570	1,338
Additions to non-current assets	[1]	39	30
Operating segments [member] | International segment [Member] | External [member]
Disclosure of operating segments [line items]
Sales		2,182	2,158
Operating segments [member] | International segment [Member] | Inter-segment [member]
Disclosure of operating segments [line items]
Sales		0	0
Operating segments [member] | Wholesale segment [Member]
Disclosure of operating segments [line items]
Sales		2,359	2,428
Earnings before finance costs and income taxes		417	501
Depreciation and amortization		222	203
EBITDA	[2]	639	704
(Earnings) loss from associates and joint ventures		30	61
Total assets		6,964	6,961
Additions to non-current assets	[1]	633	580
Operating segments [member] | Wholesale segment [Member] | External [member]
Disclosure of operating segments [line items]
Sales		1,710	1,734
Operating segments [member] | Wholesale segment [Member] | Inter-segment [member]
Disclosure of operating segments [line items]
Sales		649	694
Operating segments [member] | Nitrogen segment [member]
Disclosure of operating segments [line items]
Sales		1,009	1,144
Earnings before finance costs and income taxes		209	329
Depreciation and amortization		79	75
EBITDA	[2]	288	404
(Earnings) loss from associates and joint ventures		0	0
Total assets		2,330	1,812
Additions to non-current assets	[1]	313	444
Operating segments [member] | Nitrogen segment [member] | External [member]
Disclosure of operating segments [line items]
Sales		755	860
Operating segments [member] | Nitrogen segment [member] | Inter-segment [member]
Disclosure of operating segments [line items]
Sales		254	284
Operating segments [member] | Potash segment [member]
Disclosure of operating segments [line items]
Sales		519	419
Earnings before finance costs and income taxes		105	10
Depreciation and amortization		113	99
EBITDA	[2]	218	109
(Earnings) loss from associates and joint ventures		0	0
Total assets		3,629	3,666
Additions to non-current assets	[1]	46	70
Operating segments [member] | Potash segment [member] | External [member]
Disclosure of operating segments [line items]
Sales		386	280
Operating segments [member] | Potash segment [member] | Inter-segment [member]
Disclosure of operating segments [line items]
Sales		133	139
Operating segments [member] | Phosphate segment [member]
Disclosure of operating segments [line items]
Sales		237	289
Earnings before finance costs and income taxes		4	23
Depreciation and amortization		17	16
EBITDA	[2]	21	39
(Earnings) loss from associates and joint ventures		0	0
Total assets		303	808
Additions to non-current assets	[1]	226	46
Operating segments [member] | Phosphate segment [member] | External [member]
Disclosure of operating segments [line items]
Sales		115	148
Operating segments [member] | Phosphate segment [member] | Inter-segment [member]
Disclosure of operating segments [line items]
Sales		122	141
Operating segments [member] | Wholesale other segment [member]
Disclosure of operating segments [line items]
Sales		594	576
Earnings before finance costs and income taxes		99	139
Depreciation and amortization		13	13
EBITDA	[2]	112	152
(Earnings) loss from associates and joint ventures		30	61
Total assets		702	675
Additions to non-current assets	[1]	48	20
Operating segments [member] | Wholesale other segment [member] | External [member]
Disclosure of operating segments [line items]
Sales		454	446
Operating segments [member] | Wholesale other segment [member] | Inter-segment [member]
Disclosure of operating segments [line items]
Sales		140	130
Other [member]
Disclosure of operating segments [line items]
Sales	[3]	(696)	(737)
Earnings before finance costs and income taxes	[3]	(291)	(228)
Depreciation and amortization	[3]	19	16
EBITDA	[2],[3]	(272)	(212)
(Earnings) loss from associates and joint ventures	[3]	0	(1)
Total assets	[3]	740	520
Additions to non-current assets	[1],[3]	8	5
Other [member] | External [member]
Disclosure of operating segments [line items]
Sales	[3]		0
Other [member] | Inter-segment [member]
Disclosure of operating segments [line items]
Sales	[3]	$ (696)	$ (737)
[1]	Additions to non-current assets include property, plant and equipment, intangibles and goodwill.
[2]	EBITDA is net earnings (loss) before finance costs, income taxes, depreciation and amortization, and net earnings (loss) from discontinued operations.
[3]	Non-cash s hare-based payments expense of $ 69 -million ( 2016 – $ 55 -million) is recorded in our Other segment.

OPERATING SEGMENTS - Segment 61

OPERATING SEGMENTS - Segment information (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of operating segments [line items]
Share-based payments	$ 69	$ 55
Other [member]
Disclosure of operating segments [line items]
Share-based payments	$ 69	$ 55

OPERATING SEGMENTS - Retail sal

OPERATING SEGMENTS - Retail sales by product line (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of products and services [line items]
Sales	$ 13,766	$ 13,457
Operating segments [member] | Retail business unit [member]
Disclosure of products and services [line items]
Sales	12,103	11,766
Crop nutrients [member] | Operating segments [member] | Retail business unit [member]
Disclosure of products and services [line items]
Sales	4,121	4,310
Crop protection products [member] | Operating segments [member] | Retail business unit [member]
Disclosure of products and services [line items]
Sales	4,937	4,684
Seed [member] | Operating segments [member] | Retail business unit [member]
Disclosure of products and services [line items]
Sales	1,628	1,462
Merchandise [Member] | Operating segments [member] | Retail business unit [member]
Disclosure of products and services [line items]
Sales	683	621
Services and other [Member] | Operating segments [member] | Retail business unit [member]
Disclosure of products and services [line items]
Sales	$ 734	$ 689

OPERATING SEGMENTS - Key data

OPERATING SEGMENTS - Key data by geographic region (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of geographical areas [line items]
Sales	$ 13,766	$ 13,457
Non-current assets	10,385	10,040
Canada [member]
Disclosure of geographical areas [line items]
Sales	2,416	2,437
Non-current assets	4,829	4,430
UNITED STATES
Disclosure of geographical areas [line items]
Sales	8,978	8,672
Non-current assets	4,838	4,898
Europe [member]
Disclosure of geographical areas [line items]
Sales	178	182
Non-current assets	2	5
South America [member]
Disclosure of geographical areas [line items]
Sales	431	396
Non-current assets	213	197
AUSTRALIA
Disclosure of geographical areas [line items]
Sales	1,679	1,769
Non-current assets	260	222
EGYPT
Disclosure of geographical areas [line items]
Sales	0	0
Non-current assets	238	285
Other countries [member]
Disclosure of geographical areas [line items]
Sales	84	1
Non-current assets	$ 5	$ 3

CAPITAL MANAGEMENT - Informatio

CAPITAL MANAGEMENT - Information monitored to manage capital (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of objectives, policies and processes for managing capital [line items]
Net debt to EBITDA		310.00%	300.00%
Debt Covenant Ratio [abstract]
Interest coverage ratio	[1],[2]	500.00%	600.00%
Debt-to-capital ratio	[2],[3]	45.00%	44.00%
Retail measures [abstract]
Average non-cash working capital to sales		17.00%	17.00%
Average non-cash working capital to sales target		16.00%
Return on operating capital employed	[4]	19.00%	18.00%
Return on capital employed	[5]	11.00%	10.00%
Components of ratios [abstract]
EBITDA		$ 1,546	$ 1,583
Net debt [abstract]
Short-term debt		867	604
Long-term debt, including current portion		4,408	4,508
Cash and cash equivalents		(466)	(412)	$ (515)
Net debt		4,809	4,700
Adjusted total debt [abstract]
Guarantees and letters of credit (specified in credit facility agreements)		286	242
Adjusted total debt		$ 5,095	$ 4,942
Greater than or equal to [member]
Debt Covenant Ratio [abstract]
Interest coverage ratio target		250.00%
Less than or equal to [member]
Debt Covenant Ratio [abstract]
Debt-to-capital ratio target		65.00%
[1]	EBITDA d ivided by finance costs , which includes finance costs related to long-term debt plus other finance costs
[2]	Our revolving credit facilities and trade receivable securitization program require that we maintain these ratios as well as other non-financial covenants. We were in compliance with all covenants at December 31, 2017 .
[3]	Adjusted total debt divided by the sum of adjusted total debt and total equity
[4]	Last 12 months’ net earnings before finance costs, income taxes and earnings from disconti nued operations (EBIT) less income taxes at a tax rate of 28 percent ( 2016 – 28 percent) divided by rolling four quarter average operating capital employed. Operating capital employed includes non-cash workin g capital, property, plant and equipment, investments in associates and joint ventures, and other assets.
[5]	Last 12 months’ EBIT less income taxes at a tax rate of 28 percent ( 2016 – 28 percent) divided by roll ing four quarter average capital employed. Capital employed includes operating capital employed, intangibles and goodwill.

CAPITAL MANAGEMENT (Narrative)

CAPITAL MANAGEMENT (Narrative) (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Return on operating capital employed [Member]
Disclosure of objectives, policies and processes for managing capital [line items]
Tax rate	28.00%	28.00%
Return on capital employed [Member]
Disclosure of objectives, policies and processes for managing capital [line items]
Tax rate	28.00%	28.00%

FINANCIAL RISK MANAGEMENT - For

FINANCIAL RISK MANAGEMENT - Foreign exchange derivative financial instruments outstanding (Details) CAD in Millions, AUD in Millions		12 Months Ended
		Dec. 31, 2017AUDUSD ($)	Dec. 31, 2016AUDUSD ($)	Dec. 31, 2017CAD	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Disclosure of financial assets [line items]
Financial assets (liabilities), at fair value					$ (1,000,000)
USD/CAD [member]
Disclosure of financial assets [line items]
Notional amount				CAD 338		$ 0
Maturities		2,018	-
Averagae contract price	[1]	1.28	0
Financial assets (liabilities), at fair value					8,000,000	0
CAD/USD [member]
Disclosure of financial assets [line items]
Notional amount					266,000,000	180,000,000
Maturities		2,018	2,017
Averagae contract price	[1]	1.28	1.34
Financial assets (liabilities), at fair value					(6,000,000)	0
EUR/USD [member]
Disclosure of financial assets [line items]
Notional amount					28,000,000	0
Maturities		2,018	2,017
Averagae contract price	[1]	0.84	0.94
Financial assets (liabilities), at fair value					(1,000,000)	0
USD/AUD [member]
Disclosure of financial assets [line items]
Notional amount | AUD		AUD 15	AUD 14
Maturities		2,018	2,017
Averagae contract price	[1]	1.31	1.32
Financial assets (liabilities), at fair value					0	(1,000,000)
AUD/USD [member]
Disclosure of financial assets [line items]
Notional amount					20,000,000	22,000,000
Maturities		2,018	2,017
Averagae contract price	[1]	1.29	1.34
Financial assets (liabilities), at fair value					0	1,000,000
CNY/AUD [member]
Disclosure of financial assets [line items]
Notional amount | AUD		AUD 31	AUD 23
Maturities		2,018	2,017
Averagae contract price	[1]	6.97	7.16
Financial assets (liabilities), at fair value					(1,000,000)	0
CAD/USD - buy USD calls [Member]
Disclosure of financial assets [line items]
Notional amount					126,000,000	0
Maturities		2,018
Averagae contract price	[1]	1.29	0
Financial assets (liabilities), at fair value					1,000,000	0
CAD/USD - sell USD puts [Member]
Disclosure of financial assets [line items]
Notional amount				CAD 126		0
Maturities		2,018
Averagae contract price	[1]	1.25	0
Financial assets (liabilities), at fair value					(2,000,000)	0
AUD/USD - buy USD calls [Member]
Disclosure of financial assets [line items]
Notional amount					33,000,000	0
Maturities		2,018
Averagae contract price	[1]	1.35	0
Financial assets (liabilities), at fair value					$ 0	$ 0
[1]	Foreign currency per U.S. dollar

FINANCIAL RISK MANAGEMENT - Use

FINANCIAL RISK MANAGEMENT - Use of derivatives to hedge exposure to natural gas market price risk (Details) - Commodity price risk [member] - Natural gas [member] MMBTU in Millions	12 Months Ended
	Dec. 31, 2017MMBTU
2018 [member]
Use of derivatives to hedge exposure to natural gas market price risk [abstract]
Maximum allowable (% of forecast gas requirements)	75.00%
Forecast average monthly natural gas consumption	9
Gas requirements hedged using derivatives designated as hedges, percentage	33.00%
2019 [member]
Use of derivatives to hedge exposure to natural gas market price risk [abstract]
Maximum allowable (% of forecast gas requirements)	75.00%
Forecast average monthly natural gas consumption	9
Gas requirements hedged using derivatives designated as hedges, percentage	24.00%
2020 [member]
Use of derivatives to hedge exposure to natural gas market price risk [abstract]
Maximum allowable (% of forecast gas requirements)	75.00%
Forecast average monthly natural gas consumption	9
Gas requirements hedged using derivatives designated as hedges, percentage	0.00%
2021 [member]
Use of derivatives to hedge exposure to natural gas market price risk [abstract]
Maximum allowable (% of forecast gas requirements)	25.00%	[1]
Forecast average monthly natural gas consumption	9
Gas requirements hedged using derivatives designated as hedges, percentage	0.00%
[1]	Maximum monthly hedged volume may not exceed 90 percent of planned monthly requirements.

FINANCIAL RISK MANAGEMENT - Nat

FINANCIAL RISK MANAGEMENT - Natural gas derivative financial instruments outstanding - AECO swaps (Details) MMBTU in Millions	12 Months Ended
	Dec. 31, 2017USD ($)MMBTU	Dec. 31, 2016USD ($)MMBTU
Disclosure of financial assets [line items]
Derivative assets (liabilities), at fair value	$ (1,000,000)
AECO swaps [member]
Disclosure of financial assets [line items]
Notional amount | MMBTU	70	48
Maturities	2018–2019	2017–2018
Averagae contract price	2.43	2.9
Derivative assets (liabilities), at fair value	$ (70,000,000)	$ (21,000,000)

FINANCIAL RISK MANAGEMENT - Mat

FINANCIAL RISK MANAGEMENT - Maturities of natural gas derivative contracts - AECO swaps (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of maturity analysis for derivative financial liabilities [line items]assets [line items]
Derivative assets (liabilities), at fair value	$ (1)
AECO swaps [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]assets [line items]
Derivative assets (liabilities), at fair value	(70)	$ (21)
2018 [member] | AECO swaps [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]assets [line items]
Derivative assets (liabilities), at fair value	(52)
2019 [member] | AECO swaps [member]
Disclosure of maturity analysis for derivative financial liabilities [line items]assets [line items]
Derivative assets (liabilities), at fair value	$ (18)

FINANCIAL RISK MANAGEMENT - N70

FINANCIAL RISK MANAGEMENT - Natural gas derivative financial instruments outstanding (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of offsetting of financial liabilities [line items]
Gross amount	$ (70)	$ (21)
Netting	0	0
Carrying amount	(70)	(21)
Accounts payable [member]
Disclosure of offsetting of financial liabilities [line items]
Gross amount	(99)	(73)
Netting	47	67
Carrying amount	(52)	(6)
Other liabilities [member]
Disclosure of offsetting of financial liabilities [line items]
Gross amount	(54)	(64)
Netting	26	48
Carrying amount	(28)	(16)
Accounts receivable [member]
Disclosure of offsetting of financial assets [line items]
Gross amount	48	65
Netting	(48)	(64)
Carrying amount	0	1
Other assets [member]
Disclosure of offsetting of financial assets [line items]
Gross amount	35	51
Netting	(25)	(51)
Carrying amount	$ 10	$ 0

FINANCIAL RISK MANAGEMENT - Imp

FINANCIAL RISK MANAGEMENT - Impact of change in fair value of natural gas derivative financial instruments (Details) - $ / MMBTU	Dec. 31, 2017	Dec. 31, 2016
Natural gas [member]
Disclosure of financial assets [line items]
A $10-million impact to other comprehensive income requires movement in gas	0.22	0.29

FINANCIAL RISK MANAGEMENT - I72

FINANCIAL RISK MANAGEMENT - Impact of change in fair value of natural gas derivative financial instruments (Parenthetical) (Details) $ in Millions	Dec. 31, 2017USD ($)
Natural gas [member]
Disclosure of financial assets [line items]
Stated dollar impact sensitivity	$ 10

FINANCIAL RISK MANAGEMENT - I73

FINANCIAL RISK MANAGEMENT - Impact of change in short-term debt (Details)	Dec. 31, 2017
Interest rate risk [member]
Disclosure of risk management strategy related to hedge accounting [line items]
A $10-million decrease in net earnings requires an increase in interest rates	1.58%

FINANCIAL RISK MANAGEMENT - I74

FINANCIAL RISK MANAGEMENT - Impact of change in short-term debt (Parenthetical) (Details) $ in Millions	Dec. 31, 2017USD ($)
Interest rate risk [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Stated dollar impact sensitivity	$ 10

FINANCIAL RISK MANAGEMENT - Sen

FINANCIAL RISK MANAGEMENT - Sensitivity - impact of change in fair value of debentures (Details) - Interest rate risk [member] $ in Millions	Dec. 31, 2017USD ($)
Disclosure of risk management strategy related to hedge accounting [line items]
Interest rate increase of 1%	$ (428)
Interest rate decrease of 1%	$ 504

FINANCIAL RISK MANAGEMENT - S76

FINANCIAL RISK MANAGEMENT - Sensitivity - impact of change in fair value of debentures (Parenthetical) (Details)	Dec. 31, 2017
Disclosure of risk management strategy related to hedge accounting [line items]
Stated percentage impact sensitivity	1.00%

FINANCIAL RISK MANAGEMENT - Max

FINANCIAL RISK MANAGEMENT - Maximum exposure to credit risk (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk	$ 3,022	$ 2,769
Cash and cash equivalents [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk	466	412
Accounts receivables [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk	2,406	2,208
Other current assets [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk	118	121
Other non-current assets [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk	$ 32	$ 28

FINANCIAL RISK MANAGEMENT - Liq

FINANCIAL RISK MANAGEMENT - Liquidity risk (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Financial liabilities	$ 8,892
Derivative financial liabilities	62	$ 7
Non-derivative, Contractual cash flows	12,101
Foreign exchange derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative financial liabilities	10
Derivative, Contractual cash flows	10
Natural gas derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative financial liabilities	80
Derivative, Contractual cash flows	80
Short-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Financial liabilities	867
Non-derivative, Contractual cash flows	867
Accounts payable [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Financial liabilities	3,495
Non-derivative, Contractual cash flows	3,495
Current portion of long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Financial liabilities	11
Non-derivative, Contractual cash flows	11
Long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Financial liabilities	4,397
Non-derivative, Contractual cash flows	7,606
Other liabilities [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Financial liabilities	32
Non-derivative, Contractual cash flows	32
Less than one year [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	4,654
Less than one year [member] | Foreign exchange derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative, Contractual cash flows	10
Less than one year [member] | Natural gas derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative, Contractual cash flows	52
Less than one year [member] | Short-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	867
Less than one year [member] | Accounts payable [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	3,495
Less than one year [member] | Current portion of long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	11
Less than one year [member] | Long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	219
Less than one year [member] | Other liabilities [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
One to three years [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	915
One to three years [member] | Foreign exchange derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative, Contractual cash flows	0
One to three years [member] | Natural gas derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative, Contractual cash flows	28
One to three years [member] | Short-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
One to three years [member] | Accounts payable [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
One to three years [member] | Current portion of long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
One to three years [member] | Long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	868
One to three years [member] | Other liabilities [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	19
Four to five years [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	867
Four to five years [member] | Foreign exchange derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative, Contractual cash flows	0
Four to five years [member] | Natural gas derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative, Contractual cash flows	0
Four to five years [member] | Short-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
Four to five years [member] | Accounts payable [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
Four to five years [member] | Current portion of long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
Four to five years [member] | Long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	862
Four to five years [member] | Other liabilities [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	5
More than five years [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	5,665
More than five years [member] | Foreign exchange derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative, Contractual cash flows	0
More than five years [member] | Natural gas derivative contracts [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Derivative, Contractual cash flows	0
More than five years [member] | Short-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
More than five years [member] | Accounts payable [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
More than five years [member] | Current portion of long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	0
More than five years [member] | Long-term debt [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	5,657
More than five years [member] | Other liabilities [member]
Disclosure of maturity analysis for financial assets held for managing liquidity risk [line items]
Non-derivative, Contractual cash flows	$ 8

FINANCIAL RISK MANAGEMENT - Gai

FINANCIAL RISK MANAGEMENT - Gain (loss) on derivative financial instruments included in earnings (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Financial Instruments [Line Items]
Realized gain (loss)	$ (52)	$ (43)
Unrealized gain (loss)	(1)	(36)
Total gain (loss)	(53)	(79)
Foreign exchange derivative contracts [member]
Disclosure Of Financial Instruments [Line Items]
Realized gain (loss)	(4)	(9)
Unrealized gain (loss)	(1)	(36)
Total gain (loss)	(5)	(45)
Foreign exchange derivative contracts [member] | Recorded in sales [member]
Disclosure Of Financial Instruments [Line Items]
Realized gain (loss)	0	(4)
Unrealized gain (loss)	(5)	1
Total gain (loss)	(5)	(3)
Foreign exchange derivative contracts [member] | Recorded in cost of sales [member]
Disclosure Of Financial Instruments [Line Items]
Realized gain (loss)	1	2
Unrealized gain (loss)	0	0
Total gain (loss)	1	2
Foreign exchange derivative contracts [member] | Recorded in other expenses [member]
Disclosure Of Financial Instruments [Line Items]
Realized gain (loss)	(5)	(7)
Unrealized gain (loss)	4	(37)
Total gain (loss)	(1)	(44)
Natural gas derivative contracts [member]
Disclosure Of Financial Instruments [Line Items]
Realized gain (loss)	(48)	(34)
Unrealized gain (loss)	0	0
Total gain (loss)	(48)	(34)
Natural gas derivative contracts [member] | Recorded in cost of sales [member]
Disclosure Of Financial Instruments [Line Items]
Realized gain (loss)	(48)	(34)
Unrealized gain (loss)	0	0
Total gain (loss)	$ (48)	$ (34)

FINANCIAL RISK MANAGEMENT - Fai

FINANCIAL RISK MANAGEMENT - Fair value hierarchy (Details) - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Disclosure of fair value measurement of assets and liabilities [line items]
Cash and cash equivalents		$ 466	$ 412	$ 515
Accounts receivable		2,406	2,208
Other non-current financial assets		32	28
Accounts payable		5,206	4,662
Current portion of long-term debt		11	110
Long-term debt	[1]	4,397	4,398
Financial liabilities at amortised cost, class [member] | Debentures [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Current portion of long-term debt	[2]	0	100
Long-term debt	[2]	4,376	4,373
Financial liabilities at amortised cost, class [member] | Fixed and floating rate debt [Member]
Disclosure of fair value measurement of assets and liabilities [line items]
Current portion of long-term debt	[2]	11	10
Long-term debt	[2]	21	25
Level 1 of fair value hierarchy [member] | Financial liabilities at amortised cost, class [member] | Debentures [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Current portion of long-term debt	[2]	0	0
Long-term debt	[2]	0	0
Level 1 of fair value hierarchy [member] | Financial liabilities at amortised cost, class [member] | Fixed and floating rate debt [Member]
Disclosure of fair value measurement of assets and liabilities [line items]
Current portion of long-term debt	[2]	0	0
Long-term debt	[2]	0	0
Level 2 of fair value hierarchy [member] | Financial liabilities at amortised cost, class [member] | Debentures [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Current portion of long-term debt	[2]	0	101
Long-term debt	[2]	4,909	4,600
Level 2 of fair value hierarchy [member] | Financial liabilities at amortised cost, class [member] | Fixed and floating rate debt [Member]
Disclosure of fair value measurement of assets and liabilities [line items]
Current portion of long-term debt	[2]	11	10
Long-term debt	[2]	21	25
Recurring fair value measurement [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Cash and cash equivalents		466	412
Recurring fair value measurement [member] | Derivatives [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Accounts receivable		9	2
Other non-current financial assets		10	0
Accounts payable		62	7
Other financial liabilities		28	16
Recurring fair value measurement [member] | Marketable securities [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Other current financial assets	[3]	118	121
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Cash and cash equivalents		0	0
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Derivatives [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Accounts receivable		0	0
Other non-current financial assets		0	0
Accounts payable		0	0
Other financial liabilities		0	0
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Marketable securities [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Other current financial assets	[3]	18	22
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Cash and cash equivalents		466	412
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Derivatives [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Accounts receivable		9	2
Other non-current financial assets		10	0
Accounts payable		62	7
Other financial liabilities		28	16
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Marketable securities [member]
Disclosure of fair value measurement of assets and liabilities [line items]
Other current financial assets	[3]	$ 100	$ 99
[1]	Debentures have various provisions that allow redemption prior to maturity, at our optio n, at specified prices.
[2]	( b ) We determine the fair value of long-term debt based on comparable debt instruments with similar maturities to our debt, adjusted where necessary to our credit spread, based on information published by fin ancial institutions. Carrying amount of floating rate debt approximates fair value.
[3]	(a) Marketable securities consist of equity and fixed income securities. We determine the fair value of equity securities based on the bid price of identical instruments in active markets. We value fixed income securities using quoted prices of instruments with similar terms and credit risk.

FINANCIAL RISK MANAGEMENT (Narr

FINANCIAL RISK MANAGEMENT (Narrative) (Details)	Dec. 31, 2017	Dec. 31, 2016
Market risk [member] | Weighted average [member]
Disclosure of risk management strategy related to hedge accounting [line items]
Interest rate (%)	5.00%	5.00%

EXPENSES - Expenses by nature (

EXPENSES - Expenses by nature (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Expenses by nature [abstract]
(Increase) decrease in finished goods inventory	$ (5)	$ 7
Raw materials and consumables used	11,144	10,726
Rebates	(1,244)	(1,195)
Freight and distribution	543	588
Short-term employee benefits	1,349	1,275
Post-employment benefits	55	54
Share-based payments	69	55
Depreciation of property, plant and equipment	420	385
Amortization of intangibles	110	108
Operating leases	211	197
Other	18	86
Expenses, by nature	12,670	12,286
Expense line items [abstract]
Cost of product sold	10,340	10,078
Selling expense	2,014	1,913
General and administrative expense	247	240
Share-based payments	69	55
Expenses, by nature	$ 12,670	$ 12,286

EXPENSES - Other espense (Detai

EXPENSES - Other espense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Other expenses [abstract]
Loss on foreign exchange and related derivatives and commodity derivatives not designated as hedges	$ 14	$ 13
Interest income	(59)	(66)
Asset impairment	0	15
Environmental remediation and asset retirement obligations	18	10
Bad debt expense	29	35
Potash profit and capital tax	13	12
Merger and related costs	94	31
Other	10	97
Other expenses	$ 119	$ 147

FINANCE COSTS - Finance costs r

FINANCE COSTS - Finance costs related to long-term debt (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Finance costs related to long-term debt [abstract]
Gross finance costs related to long-term debt	$ 222	$ 228
Less: Borrowing costs capitalized at a rate of 4.4% (2016 - 4.4%)	12	24
Finance costs related to long-term debt	$ 210	$ 204

FINANCE COSTS - Finance costs85

FINANCE COSTS - Finance costs related to long-term debt (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Borrowing costs [abstract]
Borrowing costs capitalization rate	4.40%	4.40%

FINANCE COSTS - Other finance c

FINANCE COSTS - Other finance costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Borrowing costs [abstract]
Accretion of environmental remediation and asset retirement obligations	$ 8	$ 7
Finance costs from customer prepayments	35	32
Other interest expense	58	35
Other finance cost	$ 101	$ 74

INCOME TAXES - Components of in

INCOME TAXES - Components of income taxes (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Major components of tax expense (income) [abstract]
Current tax expense		$ 90	$ 196
Previously unrecognized tax assets		(4)
Adjustments for prior years		(32)	0
Current income taxes		54	196
Origination and reversal of temporary differences		160	37
Change in income tax rate	[1]	(11)	0
Previously unrecognized tax assets		0	(5)
Deferred income taxes		149	32
Income taxes		$ 203	$ 228
[1]	U.S. federal corporate income tax rate decreased from 35 percent to 21 percent effective January 1, 2018 .

INCOME TAXES - Reconciliation o

INCOME TAXES - Reconciliation of statutory tax rate to effective tax rate (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of statutory tax rate to effective tax rate [abstract]
Earnings before income taxes	$ 705	$ 812
Statutory rate (%)	27.00%	27.00%
Income taxes at statutory rate	$ 190	$ 219
Foreign currency losses (gains) relating to Canadian operations	11	9
Differences in foreign tax rates	(14)	5
(Earnings) loss from associates and joint ventures	(9)	(15)
U.S. tax reform	9	0
Previously unrecognized tax assets	(4)
Previously unrecognized tax assets	0	(5)
Other	20	15
Income taxes	203	228
Current [abstract]
Current income taxes	54	196
Deferred tax expense (income) [abstract]
Deferred income taxes	149	32
Income taxes	203	228
Canada [member]
Reconciliation of statutory tax rate to effective tax rate [abstract]
Earnings before income taxes	16	79
Current [abstract]
Current income taxes	(11)	23
Deferred tax expense (income) [abstract]
Deferred income taxes	27	7
Foreign [member]
Reconciliation of statutory tax rate to effective tax rate [abstract]
Earnings before income taxes	689	733
Current [abstract]
Current income taxes	65	173
Deferred tax expense (income) [abstract]
Deferred income taxes	$ 122	$ 25

INCOME TAXES - Components of de

INCOME TAXES - Components of deferred income taxes (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Net deferred income tax liabilities		$ 388	$ 374
Components recognized in earnings		13	27
Components not recognized in earnings		1	17
Deferred income tax assets		(85)	(34)
Deferred income tax liabilities		473	408
Asset retirement and environmental remediation provisions [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Net deferred income tax liabilities		(149)	(132)
Components recognized in earnings		(16)	7
Components not recognized in earnings		(1)	(2)
Intangible assets [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Net deferred income tax liabilities		57	83
Components recognized in earnings		(37)	(31)
Components not recognized in earnings		11	3
Property plant and equipment assets [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Net deferred income tax liabilities		748	633
Components recognized in earnings		100	92
Components not recognized in earnings		15	12
Receivables, inventories and accrued liabilities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Net deferred income tax liabilities		(162)	(162)
Components recognized in earnings		0	(29)
Components not recognized in earnings		0	0
Deferred partnership income [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Net deferred income tax liabilities		0	0
Components recognized in earnings		0	(61)
Components not recognized in earnings		0	3
Loss carry-forwards [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Net deferred income tax liabilities	[1]	(44)	(13)
Components recognized in earnings	[1]	(30)	32
Components not recognized in earnings	[1]	(1)	(1)
Other [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Net deferred income tax liabilities		(62)	(35)
Components recognized in earnings		(4)	17
Components not recognized in earnings		$ (23)	$ 2
[1]	We have not recognized unused tax losses of $ 56 -million ( 2016 – $ 58 -million) expiring through 2037 ( 2016 – expiring through 2036 ) in the consolidated financial statements. We have recognized unused tax losses of $ 38 -million ( 2016 – $ 9 -million – does not expire per current tax legislation) as we expect to earn future taxable income in that tax jurisdiction in 2018 and following years, and the tax losses do not expire until 2037.

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Decreased to [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Change in income tax rate	21.00%
Maximum [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Change in income tax rate	35.00%
Temporary differences [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses recognized	$ 38	$ 9
Expiring through 2037 [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	$ 56
Description of expiry date of deductible temporary differences, unused tax losses and unused tax credits	2,037
Expiring through 2036 [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised		$ 58
Description of expiry date of deductible temporary differences, unused tax losses and unused tax credits		2,036

POST-EMPLOYMENT BENEFITS - Cont

POST-EMPLOYMENT BENEFITS - Continuity of obligation and plan assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	$ (141)	$ (124)
Expenses included in earnings [abstract]
Service cost	(10)	(9)
Past service cost	0	(2)
Interest (expense) income	(5)	(5)
Settlements	3	3
Administrative costs	1	0
Expenses included in earlings related to post employment benefits	(13)	(13)
Actuarial gain (loss) arising from [abstract]
Liability experience adjustments	0	(2)
Changes in demographic assumptions	1	0
Changes in financial assumptions	(18)	(13)
Return on plan assets, excluding interest	12	5
Included in other comprehensive income, total	(5)	(10)
Statement of cash flows [abstract]
Employee contributions	(1)	(1)
Employer contributions	23	11
Benefits paid	1	1
Total	23	11
Foreign currency translation	(6)	(5)
Net defined benefit liability (asset) - ending balance	(142)	(141)
Funded Plans [Member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	(276)
Statement of cash flows [abstract]
Net defined benefit liability (asset) - ending balance	(194)	(276)
Unfunded Plans [Member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	(131)
Statement of cash flows [abstract]
Net defined benefit liability (asset) - ending balance	(153)	(131)
Defined benefit plans [member] | Funded Plans [Member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	0
Statement of cash flows [abstract]
Net defined benefit liability (asset) - ending balance		0
Defined benefit plans [member] | Obligation [member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	(331)	(310)
Expenses included in earnings [abstract]
Service cost	(7)	(6)
Past service cost	0	(2)
Interest (expense) income	(9)	(13)
Settlements	3	3
Administrative costs	0	0
Expenses included in earlings related to post employment benefits	(13)	(18)
Actuarial gain (loss) arising from [abstract]
Liability experience adjustments	0	(1)
Changes in demographic assumptions	1	0
Changes in financial assumptions	(13)	(12)
Return on plan assets, excluding interest	0	0
Included in other comprehensive income, total	(12)	(13)
Statement of cash flows [abstract]
Employee contributions	0	0
Employer contributions	2	2
Benefits paid	109	14
Total	111	16
Foreign currency translation	(13)	(6)
Net defined benefit liability (asset) - ending balance	(258)	(331)
Defined benefit plans [member] | Obligation [member] | Funded Plans [Member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	(276)
Statement of cash flows [abstract]
Net defined benefit liability (asset) - ending balance	(194)	(276)
Defined benefit plans [member] | Obligation [member] | Unfunded Plans [Member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	(55)
Statement of cash flows [abstract]
Net defined benefit liability (asset) - ending balance	(64)	(55)
Defined benefit plans [member] | Plan assets [member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	266	253
Expenses included in earnings [abstract]
Service cost	0	0
Past service cost	0	0
Interest (expense) income	7	10
Settlements	0	0
Administrative costs	1	0
Expenses included in earlings related to post employment benefits	6	10
Actuarial gain (loss) arising from [abstract]
Liability experience adjustments	0	0
Changes in demographic assumptions	0	0
Changes in financial assumptions	0	0
Return on plan assets, excluding interest	12	5
Included in other comprehensive income, total	12	5
Statement of cash flows [abstract]
Employee contributions	0	0
Employer contributions	19	7
Benefits paid	(109)	(14)
Total	(90)	(7)
Foreign currency translation	11	5
Net defined benefit liability (asset) - ending balance	205	266
Defined benefit plans [member] | Net [member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	(65)	(57)
Expenses included in earnings [abstract]
Service cost	(7)	(6)
Past service cost	0	(2)
Interest (expense) income	(2)	(3)
Settlements	3	3
Administrative costs	1	0
Expenses included in earlings related to post employment benefits	(7)	(8)
Actuarial gain (loss) arising from [abstract]
Liability experience adjustments	0	(1)
Changes in demographic assumptions	1	0
Changes in financial assumptions	(13)	(12)
Return on plan assets, excluding interest	12	5
Included in other comprehensive income, total	0	(8)
Statement of cash flows [abstract]
Employee contributions	0	0
Employer contributions	21	9
Benefits paid	0	0
Total	21	9
Foreign currency translation	(2)	(1)
Net defined benefit liability (asset) - ending balance	(53)	(65)
Other post-employment benefit plans [member] | Obligation [member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	(76)	(67)
Expenses included in earnings [abstract]
Service cost	(3)	(3)
Past service cost	0	0
Interest (expense) income	(3)	(2)
Settlements	0	0
Administrative costs	0	0
Expenses included in earlings related to post employment benefits	(6)	(5)
Actuarial gain (loss) arising from [abstract]
Liability experience adjustments	0	(1)
Changes in demographic assumptions	0	0
Changes in financial assumptions	(5)	(1)
Return on plan assets, excluding interest	0	0
Included in other comprehensive income, total	(5)	(2)
Statement of cash flows [abstract]
Employee contributions	(1)	(1)
Employer contributions	2	2
Benefits paid	1	1
Total	2	2
Foreign currency translation	(4)	(4)
Net defined benefit liability (asset) - ending balance	(89)	(76)
Other post-employment benefit plans [member] | Obligation [member] | Funded Plans [Member]
Statement of cash flows [abstract]
Net defined benefit liability (asset) - ending balance	0
Other post-employment benefit plans [member] | Obligation [member] | Unfunded Plans [Member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	(76)
Statement of cash flows [abstract]
Net defined benefit liability (asset) - ending balance	(89)	(76)
Other post-employment benefit plans [member] | Plan assets [member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	0	0
Expenses included in earnings [abstract]
Service cost	0	0
Past service cost	0	0
Interest (expense) income	0	0
Settlements	0	0
Administrative costs	0	0
Expenses included in earlings related to post employment benefits	0	0
Actuarial gain (loss) arising from [abstract]
Liability experience adjustments	0	0
Changes in demographic assumptions	0	0
Changes in financial assumptions	0	0
Return on plan assets, excluding interest	0	0
Included in other comprehensive income, total	0	0
Statement of cash flows [abstract]
Employee contributions	0	0
Employer contributions	0	0
Benefits paid	0	0
Total	0	0
Foreign currency translation	0	0
Net defined benefit liability (asset) - ending balance	0	0
Other post-employment benefit plans [member] | Net [member]
Disclosure of defined benefit plans [line items]
Net defined benefit liability (asset) - beginning balance	(76)	(67)
Expenses included in earnings [abstract]
Service cost	(3)	(3)
Past service cost	0	0
Interest (expense) income	(3)	(2)
Settlements	0	0
Administrative costs	0	0
Expenses included in earlings related to post employment benefits	(6)	(5)
Actuarial gain (loss) arising from [abstract]
Liability experience adjustments	0	(1)
Changes in demographic assumptions	0	0
Changes in financial assumptions	(5)	(1)
Return on plan assets, excluding interest	0	0
Included in other comprehensive income, total	(5)	(2)
Statement of cash flows [abstract]
Employee contributions	(1)	(1)
Employer contributions	2	2
Benefits paid	1	1
Total	2	2
Foreign currency translation	(4)	(4)
Net defined benefit liability (asset) - ending balance	$ (89)	$ (76)

POST-EMPLOYMENT BENEFITS - Post

POST-EMPLOYMENT BENEFITS - Post-employment benefits expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Classes of employee benefits expense [abstract]
Defined contribution pension plans	$ 52	$ 50
Defined benefit pension plans	7	8
Other post-employment benefit plans	6	5
Post-employment benefits expense	65	63
Cost of sales [member]
Classes of employee benefits expense [abstract]
Post-employment benefits expense	34	30
General and administrative [member]
Classes of employee benefits expense [abstract]
Post-employment benefits expense	21	24
Other expenses [member]
Classes of employee benefits expense [abstract]
Post-employment benefits expense	5	4
Other finance costs [member]
Classes of employee benefits expense [abstract]
Post-employment benefits expense	$ 5	$ 5

POST-EMPLOYMENT BENEFITS - Assu

POST-EMPLOYMENT BENEFITS - Assumptions and sensitivities (Details) - Weighted average [member]	Dec. 31, 2017	Dec. 31, 2016
Defined benefit plans [member] | Future benefit expenses [member]
Disclosure of sensitivity analysis for actuarial assumptions [abstract]
Discount rate	3.00%	3.00%
Expected long-term rate of return on assets	3.00%	3.00%
Rate of increase in compensation levels	3.00%	3.00%
Defined benefit plans [member] | Future benefit obligations [Member]
Disclosure of sensitivity analysis for actuarial assumptions [abstract]
Discount rate	3.00%	4.00%
Rate of increase in compensation levels	3.00%	3.00%
Other post-employment benefit plans [member] | Future benefit expenses [member]
Disclosure of sensitivity analysis for actuarial assumptions [abstract]
Discount rate	4.00%	4.00%
Other post-employment benefit plans [member] | Future benefit obligations [Member]
Disclosure of sensitivity analysis for actuarial assumptions [abstract]
Discount rate	4.00%	4.00%

POST-EMPLOYMENT BENEFITS - As94

POST-EMPLOYMENT BENEFITS - Assumed and ultimate health care cost trend rates (Details) - Other post-employment benefit plans [member] - yr	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Weighted average [member]
Average duration of benefit obligation [abstract]
Average duration of benefit obligation	15	14
Weighted average [member] | Active [member]
Average duration of benefit obligation [abstract]
Average duration of benefit obligation	19	18
Weighted average [member] | Retired [member]
Average duration of benefit obligation [abstract]
Average duration of benefit obligation	12	11
Weighted average [member] | Male [member]
Mortality assumptions per latest available standard mortality tables [abstract]
Average life expectancy - currently aged 65 years (2016 - 65 years)	25	22
Weighted average [member] | Female [member]
Mortality assumptions per latest available standard mortality tables [abstract]
Average life expectancy - currently aged 65 years (2016 - 65 years)	27	24
Assumed [member] | Weighted average [member]
Disclosure of defined benefit plans [line items]
Health care cost trend rate	6.00%	7.00%
Ultimate [member]
Disclosure of defined benefit plans [line items]
Fiscal year the rate reaches the ultimate trend rate	2,023	2,023
Ultimate [member] | Weighted average [member]
Disclosure of defined benefit plans [line items]
Health care cost trend rate	5.00%	5.00%

POST-EMPLOYMENT BENEFITS - As95

POST-EMPLOYMENT BENEFITS - Assumed and ultimate health care cost trend rates (Parenthetical) (Details) - yr	Dec. 31, 2017	Dec. 31, 2016
Disclosure of defined benefit plans [abstract]
Actuarial assumption, Average life expectancy	60	65

POST-EMPLOYMENT BENEFITS - Defi

POST-EMPLOYMENT BENEFITS - Defined benefit pension plans - Asset allocation (Details)	Dec. 31, 2017	Dec. 31, 2016
Equity securities [member]
Defined benefit pension plans - asset allocation [abstract]
Target allocation	46.00%
Equity securities [member] | Canada [member]
Defined benefit pension plans - asset allocation [abstract]
Plan assets	13.00%	11.00%
Equity securities [member] | UNITED STATES
Defined benefit pension plans - asset allocation [abstract]
Plan assets	3.00%	1.00%
Equity securities [member] | International [member]
Defined benefit pension plans - asset allocation [abstract]
Plan assets	26.00%	15.00%
Equity securities [member] | Emerging market [member]
Defined benefit pension plans - asset allocation [abstract]
Plan assets	7.00%	4.00%
Debt securities [member]
Defined benefit pension plans - asset allocation [abstract]
Target allocation	53.00%
Debt securities [member] | Canada [member]
Defined benefit pension plans - asset allocation [abstract]
Plan assets	50.00%	34.00%
Debt securities [member] | UNITED STATES
Defined benefit pension plans - asset allocation [abstract]
Plan assets	1.00%	22.00%
Cash and other [member]
Defined benefit pension plans - asset allocation [abstract]
Target allocation	1.00%
Plan assets	0.00%	13.00%

POST-EMPLOYMENT BENEFITS (Narra

POST-EMPLOYMENT BENEFITS (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)
Disclosure of defined benefit plans [line items]
Estimated contribution to fund our defined benefit pension plans for 2018	$ 5
Description of methods and assumptions used in preparing sensitivity analysis for actuarial assumptions	Discount rate – liabilities High-quality (minimum AA) fixed income investments with cash flows that match the currency, timing and amount of the expected cash flows of the plans Rate of return – assets Long-term expectations of inflation and real return for each asset class, weighted in accordance with the investment policy for the plans Real returns and inflation Current market conditions, historical capital market data and future expectations Life expectancy Actuarial mortality tables published in Canada and the United States
Change in discount rate, impact on defined benefit obligation	$ 53
Stated percentage impact sensitivity	1.00%
Top of range [member]
Disclosure of defined benefit plans [line items]
Participants of retirement benefit plan receiving benefits, percentage	5.00%

SHARE-BASED PAYMENTS - Plan fea

SHARE-BASED PAYMENTS - Plan features (Details)	12 Months Ended
	Dec. 31, 2017
Stock Options [member]
Plan features [abstract]
Eligibility	Officers and employees
Granted	Annually
Vesting period	25% per year over four years
Term	10 years
Settlement	Shares
Stock Appreciation Rights [member]
Plan features [abstract]
Eligibility	Certain employees outside Canada	[1]
Granted	Annually	[1]
Vesting period	25% per year over four years	[1]
Term	10 years	[1]
Settlement	Cash	[1]
Performance Share Units [member]
Plan features [abstract]
Eligibility	Executive officers and other eligible employees
Granted	Annually
Vesting period	three-year performance cycle
Settlement	Cash
Restricted Share Units [Member]
Plan features [abstract]
Eligibility	Eligible employees
Granted	Annually
Vesting period	vest at the end of the three-year vesting period
Settlement	Cash
Director Deferred Share [member]
Plan features [abstract]
Eligibility	Non-executive directors
Granted	At the discretion of the Board of Directors
Vesting period	Fully vested upon grant
Settlement	In cash on director's departure from the Board of Directors
[1]	Effective January 1, 2015, tandem stock appreciation rights (TSARs) were no longer issued to eligible officers and employees. TSARs granted in Canada prior to January 1, 2015 have similar terms and vesting conditions to SARs and also provide the holder with the ability to choose between (a) receiving the price of our shares on the date of exercise in excess of the exercise price of the right and (b) receiving common shares by paying the exercise price of the right. Our past experience and future expectat ion is that substantially all option holders will elect to exercise their options as a SAR, surrendering their options and receiving settlement in cash. TSARs are included with the SARs disclosure in the following tables.

SHARE-BASED PAYMENTS - Stock op

SHARE-BASED PAYMENTS - Stock option and SAR activity (Details) shares in Thousands		12 Months Ended
		Dec. 31, 2017USD ($)shares		Dec. 31, 2016USD ($)shares	Dec. 31, 2014shares
Stock option and SAR activity [abstract]
Granted | $		$ 96.67		$ 92.86
Stock Options and Stock Appreciation Rights [Member]
Stock option and SAR activity [abstract]
Outstanding, beginning of year		2,393	[1]	2,130
Granted		523		603
Forfeited		(4)		(8)
Exercised		(228)		(329)
Expired		(3)		(3)
Outstanding, end of year	[1]	2,681		2,393
Outstanding, beginning of year | $		$ 93.33	[1]	$ 92.78
Granted | $		103.22		84.37
Forfeited | $		95.01		68.39
Exercised | $		89.99		73.31
Expired | $		55.97		90.52
Outstanding, end of year | $	[1]	$ 95.64		$ 93.33
Exercisable, end of year		1,333		1,088
Exercisable, end of year | $		$ 93.2		$ 90.7
Maximum available for future grants, end of year		4,712		4,973
Weighted average fair value of outstanding | $		$ 26.21		$ 24.24
Weighted average share price at exercise date | $		$ 109.14		$ 99.01
Stock Appreciation Rights [member]
Stock option and SAR activity [abstract]
Outstanding, beginning of year		1,456
Granted				960	775
Outstanding, end of year		1,300		1,456
[1]	Includes 1,300 thousand SARs ( 2016 – 1,456 thousand), of which 775 thousand ( 2016 – 960 thousand) issued prior to January 1, 2015 have options attached. Stock options and SARs with options attached are potentially dilutive.

SHARE-BASED PAYMENTS - Stock100

SHARE-BASED PAYMENTS - Stock option and SAR outstanding (Details) shares in Thousands	Dec. 31, 2017USD ($)sharesyr		Dec. 31, 2016USD ($)sharesyr		Dec. 31, 2015USD ($)shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Remaining contractual life | yr	4		5
Stock Options and Stock Appreciation Rights [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Remaining contractual life | yr	6
Options outstanding, Units	2,681	[1]	2,393	[1]	2,130
Options outstanding, Exercise price | $	$ 95.64	[1]	$ 93.33	[1]	$ 92.78
Options exercisable, Units	1,333		1,088
Options exercisable, Exercise price | $	$ 93.2		$ 90.7
Stock Appreciation Rights [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Options outstanding, Units	1,300		1,456
Less than $86.32 [member] | Stock Options and Stock Appreciation Rights [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Remaining contractual life | yr	7
Options outstanding, Units	720
Options outstanding, Exercise price | $	$ 79.27
Options exercisable, Units	268
Options exercisable, Exercise price | $	$ 70.67
$86.33 to $90.83 [member] | Stock Options and Stock Appreciation Rights [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Remaining contractual life | yr	5
Options outstanding, Units	586
Options outstanding, Exercise price | $	$ 89.98
Options exercisable, Units	461
Options exercisable, Exercise price | $	$ 89.83
$90.84 to $102.18 [member] | Stock Options and Stock Appreciation Rights [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Remaining contractual life | yr	4
Options outstanding, Units	348
Options outstanding, Exercise price | $	$ 98.64
Options exercisable, Units	347
Options exercisable, Exercise price | $	$ 98.64
$102.19 to $109.55 [member] | Stock Options and Stock Appreciation Rights [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Remaining contractual life | yr	8
Options outstanding, Units	532
Options outstanding, Exercise price | $	$ 103.22
Options exercisable, Units	9
Options exercisable, Exercise price | $	$ 103.45
$109.56 to $115.87 [member] | Stock Options and Stock Appreciation Rights [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Remaining contractual life | yr	6
Options outstanding, Units	495
Options outstanding, Exercise price | $	$ 115.87
Options exercisable, Units	248
Options exercisable, Exercise price | $	$ 115.87
[1]	Includes 1,300 thousand SARs ( 2016 – 1,456 thousand), of which 775 thousand ( 2016 – 960 thousand) issued prior to January 1, 2015 have options attached. Stock options and SARs with options attached are potentially dilutive.

SHARE-BASED PAYMENTS - PSU and

SHARE-BASED PAYMENTS - PSU and RSU activity (Details) shares in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)shares	Dec. 31, 2016USD ($)shares
Performance Share Units [member]
PSU and RSU activity [abstract]
Outstanding, beginning of year	614	608
Granted	336	198
Forfeited	(5)	(4)
Exercised	(323)	(188)
Outstanding, end of year	622	614
Weighted average fair value of outstanding | $	$ 137.41	$ 121.41
Restricted Share Units [Member]
PSU and RSU activity [abstract]
Outstanding, beginning of year	262	121
Granted	121	146
Forfeited	(9)	(5)
Exercised	(1)	0
Outstanding, end of year	373	262
Weighted average fair value of outstanding | $	$ 112.35	$ 100.25

SHARE-BASED PAYMENTS - Compensa

SHARE-BASED PAYMENTS - Compensation expense by plan (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation expense by plan	$ 69	$ 55
Stock Options [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation expense by plan	11	8
SARs [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation expense by plan	3	3
TSARs [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation expense by plan	5	1
PSUs [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation expense by plan	31	29
RSUs [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation expense by plan	15	10
DSUs [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Compensation expense by plan	$ 4	$ 4

SHARE-BASED PAYMENTS - Liabilit

SHARE-BASED PAYMENTS - Liabilities for cash-settled plans (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Expense from share-based payment transactions in which goods or services received did not qualify for recognition as assets [abstract]
Total fair value liability for cash-settled plans	$ 135	$ 115
Total intrinsic liability for cash-settled plans	$ 130	$ 100

SHARE-BASED PAYMENTS - Valuatio

SHARE-BASED PAYMENTS - Valuation model inputs (Details)	12 Months Ended
	Dec. 31, 2017USD ($)yr	Dec. 31, 2016USD ($)yr
Disclosure of terms and conditions of share-based payment arrangement [abstract]
Grant price (NYSE closing price on day immediately preceding grant date)	$ 96.67	$ 92.86
Share price (NYSE closing price at December 31	$ 115	$ 100.55
Expected annual volatility (%)	25.10%	28.33%
Risk-free interest rate (%)	1.74%	1.54%
Expected annual dividend yield (%)	3.04%	3.48%
Expected life (years) | yr	4	5
Forfeiture rate (%)	0.57%	0.59%

SHARE-BASED PAYMENTS (Narrative

SHARE-BASED PAYMENTS (Narrative) (Details) shares in Thousands, $ in Millions		12 Months Ended
		Dec. 31, 2017USD ($)shares	Dec. 31, 2016USD ($)shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Unrecognized compensation expense		$ 52
Awards settled in cash		$ 40	$ 41
Stock Appreciation Rights [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share options outstanding in share-based payment arrangement | shares		1,300	1,456
Vesting period	[1]	25% per year over four years
Performance Share Units [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period		three-year performance cycle
Restricted Share Units [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period		vest at the end of the three-year vesting period
[1]	Effective January 1, 2015, tandem stock appreciation rights (TSARs) were no longer issued to eligible officers and employees. TSARs granted in Canada prior to January 1, 2015 have similar terms and vesting conditions to SARs and also provide the holder with the ability to choose between (a) receiving the price of our shares on the date of exercise in excess of the exercise price of the right and (b) receiving common shares by paying the exercise price of the right. Our past experience and future expectat ion is that substantially all option holders will elect to exercise their options as a SAR, surrendering their options and receiving settlement in cash. TSARs are included with the SARs disclosure in the following tables.

CASH FLOW INFORMATION - Cash an

CASH FLOW INFORMATION - Cash and cash equivalents (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash and cash equivalents [abstract]
Cash	$ 447	$ 408
Short-term investments (original maturity of three months or less)	19	4
Cash and cash equivalents	$ 466	$ 412	$ 515

CASH FLOW INFORMATION - Net cha

CASH FLOW INFORMATION - Net changes in non-cash operating working capital (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Adjustments to reconcile profit (loss) [abstract]
Accounts receivable	$ (175)	$ (177)
Inventories	(151)	230
Prepaid expenses and deposits	(156)	(137)
Accounts payable	467	556
Net changes in non-cash operating working capital	$ (15)	$ 472

ACCOUNTS RECEIVABLE (Details)

ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Trade and other receivables [abstract]
Trade accounts	$ 2,247	$ 1,980
Allowance for doubtful accounts	(78)	(76)
Rebates	163	250
Other non-trade accounts	49	36
Derivative financial instruments	9	2
Other taxes	16	16
Accounts receivable	$ 2,406	$ 2,208

ACCOUNTS RECEIVABLE - Trade acc

ACCOUNTS RECEIVABLE - Trade accounts receivable - aging (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of provision matrix [line items]
Trade accounts receivable - aging	$ 2,247	$ 1,980
Allowance for doubtful accounts	(78)	(76)
Current [member]
Disclosure of provision matrix [line items]
Trade accounts receivable - aging	1,762	1,597
Allowance for doubtful accounts	(4)	(10)
30 days or less [member]
Disclosure of provision matrix [line items]
Trade accounts receivable - aging	210	152
Allowance for doubtful accounts	0	(3)
31-60 days [member]
Disclosure of provision matrix [line items]
Trade accounts receivable - aging	78	43
Allowance for doubtful accounts	0	(2)
61-90 days [member]
Disclosure of provision matrix [line items]
Trade accounts receivable - aging	32	21
Allowance for doubtful accounts	(1)	(2)
Later than three months [member]
Disclosure of provision matrix [line items]
Trade accounts receivable - aging	165	167
Allowance for doubtful accounts	$ (73)	$ (59)

ACCOUNTS RECEIVABLE (Narrative)

ACCOUNTS RECEIVABLE (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)
Disclosure Of Detailed Information About Borrowings [Line Items]
Percentage of entity's revenue	10.00%
Information about major customers	No single customer accounts for more than 10 percent of our sales.
Held by customers of financial institution [member]
Disclosure Of Detailed Information About Borrowings [Line Items]
Description of arrangement for contingent consideration arrangements and indemnification assets	Agrium has only a limited recourse involvement to the extent of an indemnification of the institution for 50 percent of its future bad debts to a maximum of 5 percent of the qualified customer loans
Outstanding customer credit	$ 528

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016
Classes of current inventories [abstract]
Merchandise	[1]	$ 2,571	$ 2,454
Raw materials		383	404
Finished goods		367	372
Inventories		$ 3,321	$ 3,230
[1]	Includes biological assets of $ 6 -million ( 2016 – $ 17 -million) measured at FVLCD, a Level 3 measurement

INVENTORIES (Narrative) (Detail

INVENTORIES (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Level 3 of fair value hierarchy [member]
Disclosure of fair value measurement of assets [line items]
Inventories, at fair value less costs to sell	$ 6	$ 17

PROPERTY, PLANT AND EQUIPMEN113

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017		Dec. 31, 2016
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		$ 6,818
Depreciation		(420)		$ (385)
Ending balance		7,091		6,818
Cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		10,097		9,206
Additions		893		749
Business acquisitions		40		119
Disposals		(244)		(96)
Transfers		0	[1]	0
Other adjustments		(753)	[2]	(51)
Foreign currency translation		227		170
Ending balance		10,260		10,097
Accumulated depreciation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(3,279)		2,873
Depreciation		(458)		(431)
Disposals		(219)		(67)
Other adjustments		422	[2]	0
Foreign currency translation		(73)		(42)
Ending balance		(3,169)		(3,279)
Land [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		134
Ending balance		120		134
Land [member] | Cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		134		126
Additions		5		4
Business acquisitions		2		6
Disposals		(2)		(3)
Transfers		0	[1]	0
Other adjustments		(21)	[2]	0
Foreign currency translation		2		1
Ending balance		120		134
Land [member] | Accumulated depreciation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		0		0
Depreciation		0		0
Disposals		0		0
Other adjustments		0	[2]	0
Foreign currency translation		0		0
Ending balance		0		0
Buildings and improvements [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		2,765
Ending balance		3,012		2,765
Buildings and improvements [member] | Cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		3,457		3,307
Additions		230		42
Business acquisitions		19		52
Disposals		(19)		(25)
Transfers		127	[1]	43
Other adjustments		(244)	[2]	(37)
Foreign currency translation		93		75
Ending balance		3,663		3,457
Buildings and improvements [member] | Accumulated depreciation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(692)		603
Depreciation		(113)		(103)
Disposals		(13)		(20)
Other adjustments		154	[2]	0
Foreign currency translation		(13)		(6)
Ending balance		(651)		(692)
Machinery and equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		2,332
Ending balance		3,209		2,332
Machinery and equipment [member] | Cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		4,845		4,379
Additions		216		174
Business acquisitions		19		61
Disposals		(216)		(68)
Transfers		999	[1]	230
Other adjustments		(297)	[2]	(14)
Foreign currency translation		118		83
Ending balance		5,684		4,845
Machinery and equipment [member] | Accumulated depreciation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(2,513)		2,208
Depreciation		(335)		(317)
Disposals		(203)		(47)
Other adjustments		229	[2]	0
Foreign currency translation		(59)		(35)
Ending balance		(2,475)		(2,513)
Assets under construction [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		1,453
Ending balance		660		1,453
Assets under construction [member] | Cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	[3]	1,453	[4]	1,209
Additions		440	[4]	528	[3]
Business acquisitions		0	[4]	0	[3]
Disposals		(4)	[4]	0	[3]
Transfers		(1,139)	[1],[4]	(291)	[3]
Other adjustments		(101)	[2],[4]	0	[3]
Foreign currency translation		11	[4]	7	[3]
Ending balance	[4]	660		1,453	[3]
Assets under construction [member] | Accumulated depreciation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		0		0
Depreciation		0		0
Disposals		0		0
Other adjustments		0	[2]	0
Foreign currency translation		0		0
Ending balance		0		0
Other [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		134
Ending balance		90		134
Other [member] | Cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		208		185
Additions		2		1
Business acquisitions		0		0
Disposals		(3)		0
Transfers		13	[1]	18
Other adjustments		(90)	[2]	0
Foreign currency translation		3		4
Ending balance		133		208
Other [member] | Accumulated depreciation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(74)		62
Depreciation		(10)		(11)
Disposals		(3)		0
Other adjustments		39	[2]	0
Foreign currency translation		(1)		(1)
Ending balance		$ (43)		$ (74)
[1]	We transferred $ 662 -million related to the Borger expansion project from assets under construction to buildings and improvements and machinery and equipment when the assets became ava ilable for use.
[2]	Other adjustments include assets classified as held for sale with a net book value of $ 291 -million
[3]	Assets under construction include assets in the following operating segments: nitrogen assets of $ 1.2 -billion, potash assets of $ 140 -million and $ 113 -million in various other operating segments. Assets in the nitrogen and potash operating segments include greenfield assets of $ 116 -million and brownfield assets of $ 860 -million.
[4]	Assets under construction include assets in the following operating segments: nitrogen assets of $ 452 -million, potash assets of $ 90 -million and $ 118 -million in various other operating segments. Assets in the nitrogen and potash operating segments include greenfield assets of $ 116 -million and brownfield assets of $ 292 -million.

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Depreciation of property, plant and equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation of property, plant and equipment	$ 420	$ 385
Recorded in cost of product sold [member]
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation of property, plant and equipment	222	204
Selling [member]
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation of property, plant and equipment	176	160
General and administrative [member]
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation of property, plant and equipment	22	21
Inventory [member]
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation of property, plant and equipment	$ 11	$ 24

PROPERTY, PLANT AND EQUIPMEN115

PROPERTY, PLANT AND EQUIPMENT - Turnaround costs included in machinery and equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017		Dec. 31, 2016
Turnaround costs included in machinery and equipment [abstract]
Depreciation	$ (420)		$ (385)
Machinery, Temporarily Idle [Member]
Turnaround costs included in machinery and equipment [abstract]
Balance, beginning of year	147
Balance, end of year	190		147
Cost [member]
Turnaround costs included in machinery and equipment [abstract]
Additions	893		749
Other adjustments	(753)	[1]	(51)
Cost [member] | Machinery, Temporarily Idle [Member]
Turnaround costs included in machinery and equipment [abstract]
Balance, beginning of year	316		273
Additions	111		44
Retirements	(86)		(1)
Other adjustments	(36)		0
Balance, end of year	305		316
Accumulated depreciation [member]
Turnaround costs included in machinery and equipment [abstract]
Depreciation	(458)		(431)
Other adjustments	422	[1]	0
Accumulated depreciation [member] | Machinery, Temporarily Idle [Member]
Turnaround costs included in machinery and equipment [abstract]
Balance, beginning of year	(169)		(102)
Depreciation	(57)		(68)
Retirements	85		1
Other adjustments	26		0
Balance, end of year	$ (115)		$ (169)
[1]	Other adjustments include assets classified as held for sale with a net book value of $ 291 -million

PROPERTY, PLANT AND EQUIPMEN116

PROPERTY, PLANT AND EQUIPMENT (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of operating segments [line items]
Property, plant and equipment	$ 7,091	$ 6,818
Brownfield [member]
Disclosure of operating segments [line items]
Property, plant and equipment	292
Greenfield [member]
Disclosure of operating segments [line items]
Property, plant and equipment	116
Assets classified as held for sale [member]
Disclosure of operating segments [line items]
Property, plant and equipment	291
Assets under construction [member]
Disclosure of operating segments [line items]
Property, plant and equipment	660	1,453
Assets under construction [member] | Borger expansion [member]
Disclosure of operating segments [line items]
Transfers from assets under contruction	662
Nitrogen segment [member] | Assets under construction [member]
Disclosure of operating segments [line items]
Property, plant and equipment	452	1,200
Potash segment [member] | Assets under construction [member]
Disclosure of operating segments [line items]
Property, plant and equipment	90	140
Various other segments [member] | Assets under construction [member]
Disclosure of operating segments [line items]
Property, plant and equipment	$ 118	$ 113

INTANGIBLES AND GOODWILL (Detai

INTANGIBLES AND GOODWILL (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017		Dec. 31, 2016
Intagible assets other than goodwill [abstract]
Begining balance		$ 566
Amortization		110		$ 108
Ending balance		518		566
Goowill [abstract]
Begining Balance		2,095
Ending Balance		2,228		2,095
Gross carrying amount [member]
Intagible assets other than goodwill [abstract]
Begining balance		1,241		1,166
Additions		21		22
Business acquisitions		27		25
Disposals		34
Amortization		(34)
Other adjustments		7		25
Foreign currency translation		26		3
Ending balance		1,288		1,241
Goowill [abstract]
Begining Balance		2,290		2,177
Additions		122		105
Other adjustments				10
Foreign currency translation		28		(2)
Ending Balance		2,440		2,290
Accumulated depreciation, amortisation and impairment [member]
Intagible assets other than goodwill [abstract]
Begining balance		(675)		(534)
Disposals		(34)
Amortization		(110)		(108)
Other adjustments		(7)		(33)
Foreign currency translation		(12)		0
Ending balance		(770)		(675)
Goowill [abstract]
Begining Balance		(195)		(197)
Other adjustments		0		0
Foreign currency translation		(17)		2
Ending Balance		(212)		(195)
Accumulated impairment [member]
Goowill [abstract]
Begining Balance		(195)		(197)
Additions				0
Other adjustments				0
Foreign currency translation				2
Ending Balance				(195)
Brand names [member]
Intagible assets other than goodwill [abstract]
Begining balance	[1]	24
Ending balance		27	[2]	24	[1]
Brand names [member] | Gross carrying amount [member]
Intagible assets other than goodwill [abstract]
Begining balance	[1]	30	[2]	30
Additions		0	[2]	0	[1]
Business acquisitions		0	[2]	0	[1]
Disposals	[2]	0
Amortization	[2]	0
Other adjustments		0	[2]	0	[1]
Foreign currency translation		4	[2]	0	[1]
Ending balance	[2]	34		30	[1]
Brand names [member] | Accumulated depreciation, amortisation and impairment [member]
Intagible assets other than goodwill [abstract]
Begining balance		(6)		(5)
Disposals		0
Amortization		(1)		(1)
Other adjustments		0		0
Foreign currency translation		0		0
Ending balance		(7)		(6)
Customer relationships [member]
Intagible assets other than goodwill [abstract]
Begining balance		340
Ending balance		291	[3]	340
Customer relationships [member] | Gross carrying amount [member]
Intagible assets other than goodwill [abstract]
Begining balance		742	[3]	755
Additions		0	[3]	0
Business acquisitions		0	[3]	3
Disposals		0
Amortization	[3]	0
Other adjustments		0	[3]	(17)
Foreign currency translation		7	[3]	1
Ending balance	[3]	749		742
Customer relationships [member] | Accumulated depreciation, amortisation and impairment [member]
Intagible assets other than goodwill [abstract]
Begining balance		(402)		(346)
Disposals		0
Amortization		(50)		(56)
Other adjustments		0		0
Foreign currency translation		(6)		0
Ending balance		(458)		(402)
Technology [member]
Intagible assets other than goodwill [abstract]
Begining balance		102
Ending balance		96		102
Technology [member] | Gross carrying amount [member]
Intagible assets other than goodwill [abstract]
Begining balance		191		148
Additions		10		15
Business acquisitions		0		0
Disposals		34
Amortization		(34)
Other adjustments		0		26
Foreign currency translation		9		2
Ending balance		176		191
Technology [member] | Accumulated depreciation, amortisation and impairment [member]
Intagible assets other than goodwill [abstract]
Begining balance		(89)		(45)
Disposals		(34)
Amortization		(20)		(18)
Other adjustments		0		(26)
Foreign currency translation		(5)		0
Ending balance		(80)		(89)
Other [member]
Intagible assets other than goodwill [abstract]
Begining balance		100
Ending balance		104		100
Other [member] | Gross carrying amount [member]
Intagible assets other than goodwill [abstract]
Begining balance		278		233
Additions		11		7
Business acquisitions		27		22
Disposals		0
Amortization		0
Other adjustments		7		16
Foreign currency translation		6		0
Ending balance		329		278
Other [member] | Accumulated depreciation, amortisation and impairment [member]
Intagible assets other than goodwill [abstract]
Begining balance		(178)		(138)
Disposals		0
Amortization		(39)		(33)
Other adjustments		(7)		(7)
Foreign currency translation		(1)		0
Ending balance		$ (225)		$ (178)
[1]	Trade names with a net book value of $ 17 -million have indefinite useful lives for accounting purposes.
[2]	Trade names with a net book value of $ 19 -million have indefinite useful lives for accounting purposes.
[3]	The remaining amortization period of customer relationships at December 31, 2017 , is approximately six years.

INTANGIBLES AND GOODWILL - Amor

INTANGIBLES AND GOODWILL - Amortization of finite-lived intangibles (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about intangible assets [line items]
Amortization of intangibles	$ 110	$ 108
Recorded in cost of product sold [member]
Disclosure of detailed information about intangible assets [line items]
Amortization of intangibles	3	3
Selling [member]
Disclosure of detailed information about intangible assets [line items]
Amortization of intangibles	99	103
General and administrative [member]
Disclosure of detailed information about intangible assets [line items]
Amortization of intangibles	$ 8	$ 2

INTANGIBLES AND GOODWILL - Good

INTANGIBLES AND GOODWILL - Goodwill by cash generating unit (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about intangible assets [line items]
Goodwill	$ 2,228	$ 2,095
Retail North America [member]
Disclosure of detailed information about intangible assets [line items]
Goodwill	2,090	1,972
Retail Austrailia [member]
Disclosure of detailed information about intangible assets [line items]
Goodwill	130	115
Other [member]
Disclosure of detailed information about intangible assets [line items]
Goodwill	$ 8	$ 8

INTANGIBLES AND GOODWILL (Narra

INTANGIBLES AND GOODWILL (Narrative) (Details) $ in Millions	Dec. 31, 2017USD ($)yr	Dec. 31, 2016USD ($)
Trade names [member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets with indefinite useful life | $	$ 19	$ 17
Customer relationships [member]
Disclosure of detailed information about intangible assets [line items]
Remaining amortisation period of intangible assets material to entity | yr	6
Retail North America [member]
Disclosure of detailed information about intangible assets [line items]
Discount rate applied to cash flow projections	11.10%
Growth rate used to extrapolate cash flow projections	2.50%

INVESTMENTS IN ASSOCIATES AN121

INVESTMENTS IN ASSOCIATES AND JOINT VENTURES (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of financial information [line items]
Investments in associates	$ 346	$ 379
Investments in joint ventures	176	162
Investments in associates and joint ventures	$ 522	541
Profertil S.A. [Member]
Disclosure of financial information [line items]
Reporting Period, Joint Venture	Dec. 31, 2017
Ownership interest in Joint Venture	50.00%
Principal place of business of joint ventrues	Argentina
Investments in joint ventures	$ 176	162
Investments in associates and joint ventures	$ 177	163
Misr Fertilizers Production Company S.A.E. [Member]
Disclosure of financial information [line items]
Reporting Period, associates	Sep. 30, 2017
Ownership interest in associates	26.00%
Principal place of business of associate	Egypt
Investments in associates	$ 238	285
Investments in associates and joint ventures	185	206
Other associate [Member]
Disclosure of financial information [line items]
Investments in associates	$ 108	$ 94

INVESTMENTS IN ASSOCIATES (Deta

INVESTMENTS IN ASSOCIATES (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Jan. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Jan. 01, 2018
Disclosure of financial information [line items]
Current assets		$ 7,440	$ 6,861
Non-current assets		10,385	10,040
Total assets		17,942	16,963
Current liabilities		6,174	5,452
Total liabilities		11,814	10,789
Proportionate ownership interest in MOPCO		522	541
Carrying amount of interest in MOPCO		346	379
Income statement [abstract]
Sales		13,766	13,457
Net earnings (loss)		315	596
Other comprehensive loss		83	31
Comprehensive income (loss), net of tax		395	620
Misr Fertilizers Production Company S.A.E. [Member]
Disclosure of financial information [line items]
Current assets		158	29
Non-current assets		1,654	1,510
Total assets		1,812	1,539
Current liabilities		238	207
Non-current liabilities		863	538
Total liabilities		1,101	745
Net assets		711	794
Proportionate ownership interest in MOPCO		185	206
Dividend receivable		7	29
Unamortized purchase price adjustment		46	50
Carrying amount of interest in MOPCO		238	285
Income statement [abstract]
Sales		421	128
Net earnings (loss)		81	149
Other comprehensive loss		(158)	(131)
Comprehensive income (loss), net of tax		(77)	18
Proportionate share of MOPCO income (loss)		21	39
Purchase price adjustment amortization		(4)	(4)
Earnings (loss) from MOPCO		17	35
Proportionate share of MOPCO other comprehensive income		(41)	(34)
Proportionate share of MOPCO total comprehensive income		$ (24)	1
Proportion of ownership interest in associate		26.00%
Dividends received from MOPCO		$ 13	$ 0
Canpotex [Member]
Income statement [abstract]
Proportion Of Economic Interest In Associate		8.87%	10.30%
Proportion of ownership interest in associate		33.30%
Canpotex [Member] | The merger [member]
Income statement [abstract]
Proportion Of Economic Interest In Associate				63.82%
Voting interest held in associate	50.00%

INVESTMENTS IN JOINT VENTURES (

INVESTMENTS IN JOINT VENTURES (Details) - USD ($)		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Balance sheet [Abstract]
Current assets		$ 7,440,000,000	$ 6,861,000,000
Non-current assets		10,385,000,000	10,040,000,000
Total assets		17,942,000,000	16,963,000,000
Total liabilities		11,814,000,000	10,789,000,000
Proportionate share of net assets of Profertil		522,000,000	541,000,000
Loans and accrued interest	[1]	4,457,000,000	4,560,000,000
Carrying amount of interest in Profertil		176,000,000	162,000,000
Cash and cash equivalents		466,000,000	412,000,000	$ 515,000,000
Income statement [Abstract]
Sales		13,766,000,000	13,457,000,000
Depreciation and amortization		530,000,000	493,000,000
Income taxes		203,000,000	228,000,000
Profit (loss)		315,000,000	596,000,000
Total comprehensive income (loss)		$ 395,000,000	620,000,000
Profertil S.A. [Member]
Disclosure of financial information [line items]
Ownership interest in Joint Venture		50.00%
Voting right in Joint Venture		50.00%
Balance sheet [Abstract]
Current assets	[2]	$ 226,000,000	176,000,000
Non-current assets		548,000,000	595,000,000
Total assets		774,000,000	771,000,000
Current liabilities	[3]	212,000,000	195,000,000
Non-current liabilities	[4]	209,000,000	251,000,000
Total liabilities		421,000,000	446,000,000
Net assets		353,000,000	325,000,000
Proportionate share of net assets of Profertil		177,000,000	163,000,000
Elimination of unrealized profit		(1,000,000)	(1,000,000)
Carrying amount of interest in Profertil		176,000,000	162,000,000
Cash and cash equivalents		12,000,000	22,000,000
Current financial liabilities		77,000,000	59,000,000
Noncurrent financial liabilities		56,000,000	116,000,000
Income statement [Abstract]
Sales		432,000,000	392,000,000
Depreciation and amortization		22,000,000	26,000,000
Interest expense		21,000,000	24,000,000
Income taxes		20,000,000	39,000,000
Profit (loss)		26,000,000	51,000,000
Total comprehensive income (loss)		26,000,000	51,000,000
Proportionate share of Profertil earnings (loss)		13,000,000	26,000,000
Elimination of unrealized profit		0	1,000,000
Dividend And Interest Received From Joint Ventures		$ 0	$ 108,000,000
[1]	Debentures have various provisions that allow redemption prior to maturity, at our optio n, at specified prices.
[2]	Includes cash and cash equivalents of $ 12 -million ( 2016 – $ 22 -million)
[3]	Includes current financial liabilities (excluding trade and other payables and provisions) of $ 77 -million ( 2016 – $ 59 -million)
[4]	Includes non-current financial liabilities (excluding trade and other payables and provisions) of $ 56 -million ( 2016 – $ 116 -million)

INVESTMENTS IN ASSOCIATES AN124

INVESTMENTS IN ASSOCIATES AND JOINT VENTURES - Transactions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Misr Fertilizers Production Company S.A.E. [Member]
Related Party Transactions [Abstract]
Purchases related party	$ 26	$ 9
Canpotex [Member]
Related Party Transactions [Abstract]
Sales related party	178	162
Amounts receivable related party rransactions	18	29
Profertil S.A. [Member]
Related Party Transactions [Abstract]
Purchases related party	68	61
Amounts owed to related party	$ 11	$ 7

OTHER ASSETS (Details)

OTHER ASSETS (Details) - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016
Current assets [abstract]
Other non-financial assets		$ 2	$ 2
Other current assets		120	123
Non current assets [Abstract]
Other financial assets		32	28
Other non-financial assets		26	20
Other assets		58	48
Marketable Securities [Member]
Current assets [abstract]
Other financial assets	[1]	118	121
Reveivables
Non current assets [Abstract]
Other financial assets	[2]	$ 22	28
Interest rate		3.40%
Unsecured term loan receivable annual repayment amount		$ 8
Derivative financial instruments [Member]
Non current assets [Abstract]
Other financial assets		$ 10	$ 0
U.S. Equity Securities [Member]
Current assets [abstract]
Percentage Of Total Marketable Securities		10.00%
U.S. Government Debt Securities [Member]
Current assets [abstract]
Percentage Of Total Marketable Securities		36.00%
U.S. Corporate Debt Securities [Member]
Current assets [abstract]
Percentage Of Total Marketable Securities		45.00%
[1]	Comprised primarily of U.S. equities ( 10 percent), U.S. Government debt ( 36 percent) and U.S. corporate debt ( 45 percent).
[2]	Unsecured term loan receivable bearing interest at 3.4 percent per annum, repayable $ 8 -million annually until 2020.

DEBT (Details)

DEBT (Details) - USD ($)		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Current liabilities [abstract]
Short-term debt		$ 867,000,000	$ 604,000,000
Non-current liabilities [abstract]
Borrowings	[1]	4,457,000,000	4,560,000,000
Unamortized transaction costs		(49,000,000)	(52,000,000)
Current portion of long-term debt		(11,000,000)	(110,000,000)
Long-term debt	[1]	4,397,000,000	4,398,000,000
Debt capacity available		$ 3,501,000,000
Commerical paper [Member]
Current liabilities [abstract]
Maturity date		2,018
Interest rate (%)	[2]	1.88%
Short-term debt	[3]	$ 565,000,000	306,000,000
Non-current liabilities [abstract]
Debt capacity available		$ 2,500,000,000
Credit facilities [Member]
Current liabilities [abstract]
Interest rate (%)	[2]	8.89%
Short-term debt	[4],[5]	$ 302,000,000	298,000,000
Floating rate bank loans [Member]
Non-current liabilities [abstract]
Borrowings	[1]	$ 0	10,000,000
7.7% debentures [Member]
Current liabilities [abstract]
Maturity date		2,017
Interest rate (%)		7.70%
Non-current liabilities [abstract]
Borrowings	[1]	$ 0	100,000,000
6.75% debentures [Member]
Current liabilities [abstract]
Maturity date		2,019
Interest rate (%)		6.75%
Non-current liabilities [abstract]
Borrowings	[1]	$ 500,000,000	500,000,000
3.15% debentures [Member]
Current liabilities [abstract]
Maturity date		2,022
Interest rate (%)		3.15%
Non-current liabilities [abstract]
Borrowings	[1]	$ 500,000,000	500,000,000
3.5% debentures [Member]
Current liabilities [abstract]
Maturity date		2,023
Interest rate (%)		3.50%
Non-current liabilities [abstract]
Borrowings	[1]	$ 500,000,000	500,000,000
3.375% debentures [Member]
Current liabilities [abstract]
Maturity date		2,025
Interest rate (%)		3.375%
Non-current liabilities [abstract]
Borrowings	[1]	$ 550,000,000	550,000,000
7.8% debentures [Member]
Current liabilities [abstract]
Maturity date		2,027
Interest rate (%)		7.80%
Non-current liabilities [abstract]
Borrowings	[1]	$ 125,000,000	125,000,000
4.125% debentures [Member]
Current liabilities [abstract]
Maturity date		2,035
Interest rate (%)		4.125%
Non-current liabilities [abstract]
Borrowings	[1]	$ 450,000,000	450,000,000
7.125% debentures [Member]
Current liabilities [abstract]
Maturity date		2,036
Interest rate (%)		7.125%
Non-current liabilities [abstract]
Borrowings	[1]	$ 300,000,000	300,000,000
6.125% debentures [Member]
Current liabilities [abstract]
Maturity date		2,041
Interest rate (%)		6.125%
Non-current liabilities [abstract]
Borrowings	[1]	$ 500,000,000	500,000,000
4.9% debentures [Member]
Current liabilities [abstract]
Maturity date		2,043
Interest rate (%)		4.90%
Non-current liabilities [abstract]
Borrowings	[1]	$ 500,000,000	500,000,000
5.25% debentures [Member]
Current liabilities [abstract]
Maturity date		2,045
Interest rate (%)		5.25%
Non-current liabilities [abstract]
Borrowings	[1]	$ 500,000,000	500,000,000
Other [Member]
Non-current liabilities [abstract]
Borrowings	[1]	32,000,000	25,000,000
US Denominated debt [Member]
Current liabilities [abstract]
Short-term debt		164,000,000	236,000,000
Euro-denominated debt [Member]
Current liabilities [abstract]
Short-term debt		47,000,000	53,000,000
Other debt [Member]
Current liabilities [abstract]
Short-term debt		$ 91,000,000	$ 9,000,000
Multi-jurisdictional credit facility [Member]
Current liabilities [abstract]
Maturity date		2,020
Non-current liabilities [abstract]
Debt capacity available		$ 2,500,000,000
[1]	Debentures have various provisions that allow redemption prior to maturity, at our optio n, at specified prices.
[2]	Weighted average rates at December 31, 2017
[3]	Program maximum U.S. $ 2.5 -billion. Amounts borrowed under the commercial paper program reduce our borrowing capacity under the multi-jurisdictional credit facility.
[4]	Short-term debt is unsecured and consists of U.S. dollar-denominated debt of $ 164 -million, euro-denominated debt of $ 47 -million and other debt of $ 91 -million ( 2016 – $ 236 -million, $ 53 -million and $ 9 -million).
[5]	Total capacity available on our multi-jurisdictional credit facility, which expires in 2020 , is $ 2.5 -billion.

DEBT - Capacity available (Deta

DEBT - Capacity available (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt capacity available	$ 3,501
Short-term debt	(867)	$ (604)
Letters of credit issued	(1)
Remaining debt capacity available	2,633
Multi-jurisdictional credit facility [Member]
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt capacity available	2,500
European facilities [Member]
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt capacity available	240
South American facilities [Member]
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt capacity available	211
Australian facilities [Member]
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt capacity available	50
Accounts receivable securitization [Member]
Disclosure Of Detailed Information About Borrowings [Line Items]
Debt capacity available	$ 500

DEBT - Continuity (Details)

DEBT - Continuity (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)
Short-term borrowings [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Liabilities arising from financing activities	$ 604
Cash flows reported as financing activities	258
Other adjustments	0
Foreign currency translation	5
Liabilities arising from financing activities	867
Long-term borrowings [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Liabilities arising from financing activities	4,508	[1]
Cash flows reported as financing activities	(110)	[1]
Other adjustments	10	[1]
Foreign currency translation	0	[1]
Liabilities arising from financing activities	$ 4,408	[1]
[1]	Includes current portion

ACCOUNTS PAYABLE (Details)

ACCOUNTS PAYABLE (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Accounts Payable [Abstract]
Trade	$ 2,576	$ 2,235
Customer prepayments	1,532	1,449
Accrued liabilities	728	670
Other taxes	28	32
Accrued interest	70	72
Dividends	121	121
Derivative financial liabilities	62	7
Share-based payments	89	76
Accounts payable	$ 5,206	$ 4,662

OTHER PROVISIONS (Details)

OTHER PROVISIONS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Other Provisions [Line Items]
Other Provisions - beginning	$ 381
Additional provisions or changes in estimates	225
Draw-downs	(34)
Reversals	(2)
Accretion	8	$ 7
Other adjustments	1
Foreign currency translation	6
Other Provisions - ending	585	381
Current portion	63	59
Non-current portion	522	322
Environmental remediation [member]
Other Provisions [Line Items]
Other Provisions - beginning	141
Additional provisions or changes in estimates	23
Draw-downs	(20)
Reversals	0
Accretion	2
Other adjustments	0
Foreign currency translation	3
Other Provisions - ending	149	$ 141
Current portion	22
Non-current portion	$ 127
Description of expected timing of outflows, other provisions	2018 and 2042
Environmental remediation [member] | Bottom of range [member]
Other Provisions [Line Items]
Disount Rate Applied To Obligations Estimate	0.65%	0.65%
Environmental remediation [member] | Top of range [member]
Other Provisions [Line Items]
Disount Rate Applied To Obligations Estimate	4.00%	4.00%
Environmental remediation [member] | Conda Idaho phosphate facility [Member]
Other Provisions [Line Items]
Other Provisions - ending	$ 42
Provision for decommissioning, restoration and rehabilitation costs [member]
Other Provisions [Line Items]
Other Provisions - beginning	231
Additional provisions or changes in estimates	177
Draw-downs	(10)
Reversals	0
Accretion	6
Other adjustments	0
Foreign currency translation	3
Other Provisions - ending	407	$ 231
Current portion	17
Non-current portion	$ 390
Provision for decommissioning, restoration and rehabilitation costs [member] | Bottom of range [member]
Other Provisions [Line Items]
Disount Rate Applied To Obligations Estimate	1.22%	1.22%
Provision for decommissioning, restoration and rehabilitation costs [member] | Top of range [member]
Other Provisions [Line Items]
Disount Rate Applied To Obligations Estimate	4.55%	4.55%
Provision for decommissioning, restoration and rehabilitation costs [member] | Conda Idaho phosphate facility [Member]
Other Provisions [Line Items]
Other Provisions - ending	$ 162
Provision for decommissioning, restoration and rehabilitation costs [member] | Redwater, Alberta facility [Member]
Other Provisions [Line Items]
Other Provisions - ending	195
Other provisions [member]
Other Provisions [Line Items]
Other Provisions - beginning	9
Additional provisions or changes in estimates	25
Draw-downs	(4)
Reversals	(2)
Accretion	0
Other adjustments	1
Foreign currency translation	0
Other Provisions - ending	29	$ 9
Current portion	24
Non-current portion	$ 5

OTHER LIABILITIES (Details)

OTHER LIABILITIES (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Miscellaneous liabilities [abstract]
Derivative financial instruments	$ 28	$ 16
Other	32	13
Other financial liabilities	60	29
Share-based payments	46	39
Other liabilities	$ 106	$ 68

DISCONTINUED OPERATIONS AND 132

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Noncurrent Assets Held For Sale And Discontinued Operations [abstract]
Description of non-current asset or disposal group held for sale which were sold or reclassified		On January 12, 2018, we completed the agreements with third parties to dispose of our Conda phosphate operations (“CPO”) and North Bend nitrogen assets (“North Bend”).
Operating information [abstract]
Sales	[1]	$ 299	$ 278
Expenses	[1]	308	270
(Loss) earnings before income taxes	[1]	(9)	8
Income tax recovery	[1]	(10)	(4)
Earnings before measurement of assets held for sale	[1]	1	12
Loss on measurement of assets held for sale	[1],[2]	(311)	0
Income tax recovery on loss on measurement of assets held for sale	[1]	(123)	0
Net (loss) earnings from discontinued operations	[1]	(187)	12
Cash flow information [abstract]
Operating activities	[1]	24	30
Investing activities	[1]	(20)	(23)
Cash used in discontinued operations	[1]	$ 4	$ 7
[1]	No cumulative income or expenses are included in other comprehensive income related to CPO.
[2]	The write-down of CPO assets when classified as held for sale is predominately related to property, plant and equipment.

BUSINESS ACQUISITIONS (Details)

BUSINESS ACQUISITIONS (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)Farms	Dec. 31, 2016USD ($)
Disclosure Of Business Combinations [Line Items]
Number of farm centres | Farms	44
Description of primary reasons for business combination	Benefits of the acquisitions include expansion of geographical coverage for the sale of crop input products, acquisition of existing customer base and workforce, the value of synergies between Agrium and the acquired businesses, and cost savings opportunities.
Goodwill	$ 2,228	$ 2,095
Sales from the date of acquisition	97
Estimated sales if acquisitions occurred at the beginning of the year	328
Net earnings (loss)	3
Proforma net earnings	25
Acquisitions 2017 [Member]
Disclosure Of Business Combinations [Line Items]
Working Capital	17
Property, plant and equipment	40
Intangibles	27
Goodwill	122
Other non-current assets	8
Deferred income tax liabilities	(11)
Total consideration	$ 203
Acquisitions 2016 [Member]
Disclosure Of Business Combinations [Line Items]
Working Capital		62
Property, plant and equipment		119
Intangibles		25
Goodwill		105
Other non-current assets		31
Deferred income tax liabilities		0
Total consideration		$ 342

COMMITMENTS - Operating leases

COMMITMENTS - Operating leases (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Disclosure Of Finance Lease And Operating Lease By Lessee [Line Items]
Future minimum lease payments for operating leases	$ 621	$ 593
Not later than one year [member]
Disclosure Of Finance Lease And Operating Lease By Lessee [Line Items]
Future minimum lease payments for operating leases	147	139
One to five years
Disclosure Of Finance Lease And Operating Lease By Lessee [Line Items]
Future minimum lease payments for operating leases	317	283
Later than five years [member]
Disclosure Of Finance Lease And Operating Lease By Lessee [Line Items]
Future minimum lease payments for operating leases	$ 157	$ 171

COMMITMENTS (Details)

COMMITMENTS (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)MWht
Capital Commitments [Abstract]
Phosphate rock supply contract commitment	$ 59
Carseland facility [Member]
Capital Commitments [Abstract]
Contract expiry date	Dec. 31, 2026
Description of commitment to purchase power supply.	Our Carseland facility has a power co-generation agreement, expiring on December 31, 2026, for which we are able to purchase 60 megawatt-hours of power per hour.
Maximum commitment to purchase megawatt-hours of power per hour | MWh	60
CPO [Member]
Capital Commitments [Abstract]
Percent of the ammonia requirements	100.00%
Percent of the monoammonium phosphate	100.00%
Production of monoammonium phosphate | t	330,000
Profertil [Member]
Capital Commitments [Abstract]
Contract expiry date	Dec. 31, 2019
Gas contracts as a percent of total requirement	100.00%
Percentage of gas supplied	70.00%
2018 [member]
Operating commitment [abstract]
Long-term debt - interest	$ 219
Natural gas and other	235	[1],[2]
Power, sulfuric acid and other	170	[3],[4]
Purchase commitments	735	[5]
Derivative Financial Instruments - Foreign exchange	10
Derivative Financial Instruments - Natural gas	52
Other operating commitments	61
Total operating commitments	1,482
Capital Commitments [Abstract]
Long-term debt - principal repayments	0
Asset retirement obligations	17
Environmental remediation liabilities	22
Contractual capital commitments	39
Operating and capital contractual commitments	1,521
2019 [member]
Operating commitment [abstract]
Long-term debt - interest	185
Natural gas and other	99	[1],[2]
Power, sulfuric acid and other	77	[3],[4]
Purchase commitments	112	[5]
Derivative Financial Instruments - Foreign exchange	0
Derivative Financial Instruments - Natural gas	28
Other operating commitments	43
Total operating commitments	544
Capital Commitments [Abstract]
Long-term debt - principal repayments	500
Asset retirement obligations	17
Environmental remediation liabilities	35
Contractual capital commitments	552
Operating and capital contractual commitments	1,096
2020 [member]
Operating commitment [abstract]
Long-term debt - interest	183
Natural gas and other	22	[1],[2]
Power, sulfuric acid and other	78	[3],[4]
Purchase commitments	127	[5]
Derivative Financial Instruments - Foreign exchange	0
Derivative Financial Instruments - Natural gas	0
Other operating commitments	13
Total operating commitments	423
Capital Commitments [Abstract]
Long-term debt - principal repayments	0
Asset retirement obligations	27
Environmental remediation liabilities	12
Contractual capital commitments	39
Operating and capital contractual commitments	462
2021 [member]
Operating commitment [abstract]
Long-term debt - interest	183
Natural gas and other	12	[1],[2]
Power, sulfuric acid and other	80	[3],[4]
Purchase commitments	142	[5]
Derivative Financial Instruments - Foreign exchange	0
Derivative Financial Instruments - Natural gas	0
Other operating commitments	13
Total operating commitments	430
Capital Commitments [Abstract]
Long-term debt - principal repayments	0
Asset retirement obligations	6
Environmental remediation liabilities	5
Contractual capital commitments	11
Operating and capital contractual commitments	441
2022 [member]
Operating commitment [abstract]
Long-term debt - interest	179
Natural gas and other	0	[1],[2]
Power, sulfuric acid and other	86	[3],[4]
Purchase commitments	148	[5]
Derivative Financial Instruments - Foreign exchange	0
Derivative Financial Instruments - Natural gas	0
Other operating commitments	13
Total operating commitments	426
Capital Commitments [Abstract]
Long-term debt - principal repayments	500
Asset retirement obligations	7
Environmental remediation liabilities	6
Contractual capital commitments	513
Operating and capital contractual commitments	$ 939
[1]	Commitments include our proportionate share of commitments of joint ventures. Profertil has long-term gas contracts denominated in U.S. dollars and expiring in 2019 , which account for approximately 100 percent of Profertil’s gas requirements. YPF S.A., our joint venture partner in Profertil, supplies approximately 70 percent of the gas under these contracts.
[2]	Our minimum commitments for North American natural gas purchases, which include both floating rate and fixed rate contracts, are calculated using the prevailing NYMEX forward prices for U.S. facilities and AECO forward prices for Canadian facilities at December 31, 2017 .
[3]	O ur Carseland facility has a power co-generation agreement, exp ir ing on December 31, 2026 , for which we are able to purchase 60 megawatt-hours of power per hour. The price for the power is based on a fixed charge adjusted for inflation and a variable charge based on the cost of natural gas pro vided to the facility for power generation.
[4]	Our phosphate rock supply agreement includes a minimum commitment to purchase phosphate rock until 2018 , with a potential to nominate additional volumes and extend to 2020 . In 2016 , we decided not to nominate any additional volumes past 2018 . The purchase price is based on a formula that tracks finished product pricing and key published phosphate input costs. We entered into a freight contract to import phosp hate rock extending to 2019 , with a total commitment of $ 59 -million at December 31, 2017 .
[5]	As part of our agreement to s ell CPO, we entered into long-term strategic supply and offtake agreement s which extends to 2023. Under the terms of the supply and offtake agreements, we will supply 100 percent of the ammonia requirements of CPO and purchase 100 percent of the monoammonium phosphate (MAP) pro duct produced at CPO. The MAP production is estimated at 330,000 to nnes per year.

CONTINGENT LIABILITIES (Details

CONTINGENT LIABILITIES (Details)	12 Months Ended
	Dec. 31, 2017
Disclosure of contingent liabilities [abstract]
Manitoba mining properties, reason for non-disclosure	Agrium has substantially completed the investigation phase of remediation and is currently in discussions with the Province of Manitoba regarding remedial alternatives selection. Concurrence and approval from the Province of a remedial design are expected within the next 12 to 36 months. For this matter, we have not disclosed information about the amount accrued for site remediation because disclosure of such information would seriously prejudice our position in discussions with the Province. There were no significant developments in 2017.

ACCOUNTING POLICIES, JUDGMEN137

ACCOUNTING POLICIES, JUDGMENTS, ASSUMPTIONS AND ESTIMATES (Narrative (Details)	12 Months Ended
	Dec. 31, 2017
Disclosure of significant accounting policies [abstract]
Explanation of new standards or interpretations not applied	Recent accounting pronouncements The IASB has issued the following accounting pronouncements, which we have either adopted or will adopt in the future, and which could have a material impact. IFRS 15 Revenue from Contracts with Customers Revenue from Contracts with Customers establishes a new model for revenue earned from a contract with a customer. The standard provides specific guidance on identifying separate performance obligations in the contract and allocating the transaction price to the separate performance obligations in an amount that reflects the total consideration to which an entity expects to be entitled during the term of the contract. The standard also requires additional disclosures about the nature, amount, timing and uncertainty of revenue and related cash flows. Agrium will adopt the standard on the effective date of January 1, 2018. Agrium will adopt the standard using the modified retrospective approach with the cumulative-effect of the adjustment recognized at the date of adoption, subject to allowable and elected practical expedients. In adopting IFRS 15, we completed a review of all our contracts with customers. Since our contracts are primarily short-term in nature and generally do not include significant multiple deliverable components, there will be no material impact of adoption. In addition, our accounting for variable consideration before adoption was substantially similar to the requirements of IFRS 15. We expect that our consolidated financial statements will include expanded disclosures about revenues from contracts with customers and are drafting the relevant disclosures to reflect the requirements of the new standard. In addition to ensuring that the accounting and disclosure requirements of IFRS 15 are met, we also continue to address any system and process changes necessary to compile the information to meet the recognition and disclosure requirements of the standard. We have also assessed the impact of the standard on internal controls over financial reporting and plan to make modifications to our controls on adoption. IFRS 16 Leases Leases applies a single model for all recognized leases, which requires recognition of lease-related assets and liabilities and the related interest and depreciation expense in the consolidated financial statements. Agrium will adopt the standard on the effective date of January 1, 2019. We have completed a lease inventory and review of existing lease agreements and have considered other agreements that could contain leases. We are currently evaluating transition and implementation impacts and will continue to do so in 2018. We are assessing the adoption application guidance and have not chosen a method for adoption. However, we expect that adoption will result in a material increase in our assets and liabilities and will result in material reclassifications of interest and depreciation expense within our consolidated statement of operations. However, we are not able now to provide a precise estimate of the impact. Once we complete further phases of our review, we will estimate and quantify the impact on our consolidated financial statements. Other recent pronouncements We adopted the following accounting pronouncements without material impact. New or amended Standard/ interpretationDescriptionAgrium’s date and method of adoptionNewIFRIC 23Uncertainty over Income Tax Treatments provides additional guidance when there is uncertainty over income tax treatments under IAS 12. Agrium will adopt beginning January 1, 2019.AmendedVariousIAS 7 Statement of Cash Flows IAS 12 Income Taxes IFRS 2 Share-based Payment IFRIC 22 Foreign Currency Transactions and Advance ConsiderationWe adopted amendments to IAS 7 and IAS 12 on January 1, 2017. We expect to adopt IFRS 2 and IFRIC 22 beginning January 1, 2018.
Trade names [member]
Disclosure of accounting policies [line items]
Useful lives or amortisation rates, intangible assets other than goodwill	5 – 10 years
Customer relationships [member]
Disclosure of accounting policies [line items]
Useful lives or amortisation rates, intangible assets other than goodwill	7 – 10 years
Technology [member]
Disclosure of accounting policies [line items]
Useful lives or amortisation rates, intangible assets other than goodwill	3 – 7 years
Other [member]
Disclosure of accounting policies [line items]
Useful lives or amortisation rates, intangible assets other than goodwill	5 – 20 years
Buildings and improvements [member]
Disclosure of accounting policies [line items]
Useful lives or depreciation rates, property, plant and equipment	4 – 60 years
Machinery and equipment [member]
Disclosure of accounting policies [line items]
Useful lives or depreciation rates, property, plant and equipment	1 – 60 years
Other [member]
Disclosure of accounting policies [line items]
Useful lives or depreciation rates, property, plant and equipment	1 – 45 years