v2.4.0.6
BUSINESS ACQUISITIONS (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2012
Jun. 30, 2012
Milling products
Jun. 30, 2012
Milling products
Jun. 30, 2012
Sugarcane milling assets in Brazil
Sugar and Bioenergy
May 31, 2012
Wheat mill and bakery dry mix operation in North America
Milling products
Mar. 31, 2012
Assets management business in Europe
Agribusiness
Mar. 31, 2012
Assets management business in Europe
Agribusiness
VIEs
Feb. 29, 2012
Edible oils and fats business in India
Edible oil products
Jun. 30, 2012
Finite-lived intangible assets and property plant and equipment in North America
Agribusiness
transaction
Cost of acquired entity                    
Purchase price paid, net of cash acquired           $ 102 $ 9   $ 94  
Purchase price paid in cash         61       77 24
Number of transactions                   2
Liabilities incurred                 17  
Additional percentage of interest acquired (as a percent)           63.50%        
Ownership interest immediately prior to acquisition (as a percent)           31.50%        
Ownership interest after acquisition (as a percent)           95.00%        
Gain on acquisition of controlling interest 36 36 36 36   36        
Adjusted fair value of previously noncontrolling interest           52        
Purchase price allocation                    
Goodwill         7 51        
Biological assets         10          
Property, plant and equipment         43 71     27  
Other finite-lived intangible assets         1 32 21   53  
Inventories           19     15  
Other current assets           35        
Other liabilities           21 25   5  
Deferred tax liabilities           27        
Noncontrolling interest           6 264 264    
Long-term debt             94 94    
Other net assets               14    
Long-term investments             346 344    
Current assets             $ 25   $ 4