	December 31,

(US$ in millions)	2011		2010
Agribusiness ⁽¹⁾	$	4,080	$	5,137
Sugar and Bioenergy ⁽²⁾		465		359
Edible Oil Products ⁽³⁾		489		460
Milling Products ⁽⁴⁾		130		163
Fertilizer ⁽⁴⁾		569		516

Total	$	5,733	$	6,635

⁽¹⁾: Includes readily marketable agricultural commodity inventories carried at fair value of $3,724 million and $4,540 million at December 31, 2011 and 2010, respectively. All other agribusiness segment inventories are carried at lower of cost or market.
⁽²⁾: Includes readily marketable sugar inventories of $139 million and $86 million at December 31, 2011 and 2010, respectively. Of these sugar inventories, $83 million and $66 million are carried at fair value at December 31, 2011 and 2010, respectively, in Bunge's merchandising business. Sugar and ethanol inventories in Bunge's industrial production business are carried at lower of cost or market.
⁽³⁾: Edible oil products inventories are generally carried at lower of cost or market, with the exception of readily marketable inventories of bulk soybean oil which is carried at fair value in the aggregate amount of $212 million and $225 million at December 31, 2011 and 2010, respectively.
⁽⁴⁾: Milling products and fertilizer inventories are carried at lower of cost or market.