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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
OPERATING ACTIVITIES    
Net income $ 547 $ 1,867
Adjustments to reconcile net income to cash provided by (used for) operating activities:    
Foreign exchange loss (gain) on debt (78) 225
Gain on sale of fertilizer nutrients assets   (2,440)
Impairment of assets   12
Bad debt expense 9 16
Depreciation, depletion and amortization 247 215
Stock-based compensation expense 26 34
Gain on sale of property, plant and equipment (3)  
Deferred income taxes (136) 202
Equity in earnings of affiliates (41) (9)
Changes in operating assets and liabilities, excluding the effects of acquisitions:    
Trade accounts receivable (64) (645)
Inventories (86) (80)
Prepaid commodity purchase contracts (285) (126)
Secured advances to suppliers 46 67
Trade accounts payable (353) 522
Advances on sales 144 20
Unrealized net gain/loss on derivative contracts 129 15
Margin deposits 390 153
Accrued liabilities (78) 179
Other-net (150) (386)
Cash provided by (used for) operating activities 264 (159)
INVESTING ACTIVITIES    
Payments made for capital expenditures (454) (547)
Acquisitions of businesses (net of cash acquired) (83) (133)
Proceeds from sales of fertilizer nutrients assets   3,886
Cash disposed in sale of fertilizer nutrients assets   (106)
Related party loans 7 (7)
Proceeds from investments 75 28
Payments for investments (22)  
Proceeds from disposal of property, plant and equipment 47 3
Investments in affiliates (10) (2)
Cash provided by (used for) investing activities (440) 3,122
FINANCING ACTIVITIES    
Net change in short-term debt with maturities of 90 days or less (294) 219
Proceeds from short-term debt with maturities greater than 90 days 439 267
Repayments of short-term debt with maturities greater than 90 days (983) (852)
Proceeds from long-term debt 1,377 132
Repayments of long-term debt (440) (306)
Proceeds from sale of common shares 16 2
Repurchase of common shares   (86)
Dividends paid to preference shareholders (17) (39)
Dividends paid to common shareholders (68) (60)
Dividends paid to noncontrolling interest (9) 1
Financing related fees (20)  
Other 4 (6)
Cash provided by (used for) financing activities 58 (701)
Effect of exchange rate changes on cash and cash equivalents 10 (44)
Net increase in cash and cash equivalents (108) 2,218
Cash and cash equivalents, beginning of period 578 553
Cash and cash equivalents, end of period $ 470 $ 2,771