v2.3.0.11
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Details) (USD $)
In Millions, unless otherwise specified
 6 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Fair Value, Assets (Liabilities) Measured on Recurring Basis, Financial Statement Captions    
Threshold percent of fair value contributed by unobservable inputs for qualification as Level 3 (as a percent) 10.00%  
ASSETS    
Deferred purchase price receivable $ 119  
Level 1
    
ASSETS    
Other 112 252
Total assets 250 378
Liabilities:    
Total liabilities 411 700
Level 1 | Foreign Exchange
    
ASSETS    
Unrealized gain on undesignated derivative contracts   2
Level 1 | Commodities
    
ASSETS    
Unrealized gain on undesignated derivative contracts 112 114
Liabilities:    
Unrealized loss on undesignated derivative contracts 400 692
Level 1 | Freight
    
ASSETS    
Unrealized gain on undesignated derivative contracts 23 1
Level 1 | Energy
    
ASSETS    
Unrealized gain on undesignated derivative contracts 3 9
Liabilities:    
Unrealized loss on undesignated derivative contracts 11 8
Level 2
    
ASSETS    
Readily marketable inventories at fair value 4,140 4,567
Other 91 88
Deferred purchase price receivable 119  
Total assets 5,725 6,677
Liabilities:    
Total liabilities 857 1,260
Level 2 | Interest Rate Swap
    
ASSETS    
Unrealized gain on designated derivative contracts 18  
Unrealized gain on undesignated derivative contracts   4
Liabilities:    
Unrealized loss on undesignated derivative contracts   1
Level 2 | Foreign Exchange
    
ASSETS    
Unrealized gain on designated derivative contracts 26 22
Unrealized gain on undesignated derivative contracts 344 209
Liabilities:    
Unrealized loss on designated derivative contracts 26 22
Unrealized loss on undesignated derivative contracts 112 69
Level 2 | Commodities
    
ASSETS    
Unrealized gain on undesignated derivative contracts 958 1,754
Liabilities:    
Unrealized loss on undesignated derivative contracts 715 1,167
Level 2 | Freight
    
ASSETS    
Unrealized gain on undesignated derivative contracts 13 22
Level 2 | Energy
    
ASSETS    
Unrealized gain on undesignated derivative contracts 16 11
Liabilities:    
Unrealized loss on undesignated derivative contracts 4 1
Level 3
    
ASSETS    
Readily marketable inventories at fair value 722 264
Total assets 952 738
Liabilities:    
Total liabilities 96 167
Level 3 | Foreign Exchange
    
ASSETS    
Unrealized gain on undesignated derivative contracts 1 1
Level 3 | Commodities
    
ASSETS    
Unrealized gain on undesignated derivative contracts 191 454
Liabilities:    
Unrealized loss on undesignated derivative contracts 85 162
Level 3 | Freight
    
ASSETS    
Unrealized gain on undesignated derivative contracts 2 3
Level 3 | Energy
    
ASSETS    
Unrealized gain on undesignated derivative contracts 36 16
Liabilities:    
Unrealized loss on undesignated derivative contracts 11 5
Total Fair Value
    
ASSETS    
Readily marketable inventories at fair value 4,862 4,831
Other 203 340
Deferred purchase price receivable 119  
Total assets 6,927 7,793
Liabilities:    
Total liabilities 1,364 2,127
Total Fair Value | Interest Rate Swap
    
ASSETS    
Unrealized gain on designated derivative contracts 18  
Unrealized gain on undesignated derivative contracts   4
Liabilities:    
Unrealized loss on undesignated derivative contracts   1
Total Fair Value | Foreign Exchange
    
ASSETS    
Unrealized gain on designated derivative contracts 26 22
Unrealized gain on undesignated derivative contracts 345 212
Liabilities:    
Unrealized loss on designated derivative contracts 26 22
Unrealized loss on undesignated derivative contracts 112 69
Total Fair Value | Commodities
    
ASSETS    
Unrealized gain on undesignated derivative contracts 1,261 2,322
Liabilities:    
Unrealized loss on undesignated derivative contracts 1,200 2,021
Total Fair Value | Freight
    
ASSETS    
Unrealized gain on undesignated derivative contracts 38 26
Total Fair Value | Energy
    
ASSETS    
Unrealized gain on undesignated derivative contracts 55 36
Liabilities:    
Unrealized loss on undesignated derivative contracts 26 14
Foreign Exchange | Current portion of long term debt
    
Liabilities:    
Unrealized loss on designated derivative contracts 23 22
Other non-current assets.
    
Liabilities:    
Unrealized gain on designated and undesignated derivative contracts $ 14