|
Financial Instruments and Fair Value Measurements (Details) (USD $)
In Millions, unless otherwise specified |
Dec. 31, 2011
|
Dec. 31, 2010
|
|---|---|---|
| Fair Value Measurements | ||
| Percentage of fair value of inputs considered unobservable inputs (Level 3), greater than (as a percent) | 10.00% | 10.00% |
| ASSETS | ||
| Deferred Purchase Price Receivable | $ 192 | |
|
Assets and liabilities measured at fair value on a recurring basis | Designated derivative contracts | Foreign exchange | Long-term Debt, Current
|
||
| Liabilities | ||
| Unrealized loss on derivative contracts | 22 | |
|
Assets and liabilities measured at fair value on a recurring basis | Level 1
|
||
| ASSETS | ||
| Other | 146 | 252 |
| Total assets | 237 | 378 |
| Liabilities | ||
| Total liabilities | 152 | 700 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 1 | Undesignated derivative contracts | Foreign exchange
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 2 | |
|
Assets and liabilities measured at fair value on a recurring basis | Level 1 | Undesignated derivative contracts | Commodities
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 75 | 114 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 147 | 692 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 1 | Undesignated derivative contracts | Freight
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 5 | 1 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 1 | |
|
Assets and liabilities measured at fair value on a recurring basis | Level 1 | Undesignated derivative contracts | Energy Derivatives
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 11 | 9 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 4 | 8 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 2
|
||
| ASSETS | ||
| Readily marketable inventories | 3,736 | 4,567 |
| Deferred Purchase Price Receivable | 192 | |
| Other | 34 | 88 |
| Total assets | 5,025 | 6,677 |
| Liabilities | ||
| Total liabilities | 1,087 | 1,260 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Designated derivative contracts | Foreign exchange
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 13 | 22 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 45 | 22 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Undesignated derivative contracts | Interest Rate
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 4 | |
| Liabilities | ||
| Unrealized loss on derivative contracts | 2 | 1 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Undesignated derivative contracts | Foreign exchange
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 451 | 209 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 617 | 69 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Undesignated derivative contracts | Commodities
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 586 | 1,754 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 417 | 1,167 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Undesignated derivative contracts | Freight
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 22 | |
|
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Undesignated derivative contracts | Energy Derivatives
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 13 | 11 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 6 | 1 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 3
|
||
| ASSETS | ||
| Readily marketable inventories | 283 | 264 |
| Total assets | 412 | 738 |
| Liabilities | ||
| Total liabilities | 131 | 167 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 3 | Undesignated derivative contracts | Foreign exchange
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 1 | 1 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 3 | Undesignated derivative contracts | Commodities
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 125 | 454 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 116 | 162 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 3 | Undesignated derivative contracts | Freight
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 1 | 3 |
|
Assets and liabilities measured at fair value on a recurring basis | Level 3 | Undesignated derivative contracts | Energy Derivatives
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 2 | 16 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 15 | 5 |
|
Assets and liabilities measured at fair value on a recurring basis | Fair Value
|
||
| ASSETS | ||
| Readily marketable inventories | 4,019 | 4,831 |
| Deferred Purchase Price Receivable | 192 | |
| Other | 180 | 340 |
| Total assets | 5,674 | 7,793 |
| Liabilities | ||
| Total liabilities | 1,370 | 2,127 |
|
Assets and liabilities measured at fair value on a recurring basis | Fair Value | Designated derivative contracts | Foreign exchange
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 13 | 22 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 45 | 22 |
|
Assets and liabilities measured at fair value on a recurring basis | Fair Value | Undesignated derivative contracts | Interest Rate
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 4 | |
| Liabilities | ||
| Unrealized loss on derivative contracts | 2 | 1 |
|
Assets and liabilities measured at fair value on a recurring basis | Fair Value | Undesignated derivative contracts | Foreign exchange
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 452 | 212 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 617 | 69 |
|
Assets and liabilities measured at fair value on a recurring basis | Fair Value | Undesignated derivative contracts | Commodities
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 786 | 2,322 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 680 | 2,021 |
|
Assets and liabilities measured at fair value on a recurring basis | Fair Value | Undesignated derivative contracts | Freight
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 6 | 26 |
| Liabilities | ||
| Unrealized loss on derivative contracts | 1 | |
|
Assets and liabilities measured at fair value on a recurring basis | Fair Value | Undesignated derivative contracts | Energy Derivatives
|
||
| ASSETS | ||
| Unrealized gain on derivative contracts | 26 | 36 |
| Liabilities | ||
| Unrealized loss on derivative contracts | $ 25 | 14 |