v2.4.0.6
BUSINESS ACQUISITIONS (Details) (USD $)
In Millions, unless otherwise specified
9 Months Ended 1 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2012
Milling products
Jul. 31, 2012
Oilseed proceessing venture in Eastern Europe
Agribusiness
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
Sep. 30, 2012
Finite-lived intangible assets and property plant and equipment in North America and Africa
Agribusiness
item
Cost of acquired entity                  
Interest acquired (as a percent)     55.00%   63.50%        
Purchase price paid, net of cash acquired     $ 54     $ 9   $ 94  
Purchase price paid in cash (net of cash acquired)     11 61 102     77 24
Redeemable noncontrolling interest     40   8        
Contingent consideration     3            
Remaining percentage of interest to acquire under agreement     45.00%            
Number of transactions                 3
Debt Acquired               17  
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        
Fair value of previously owned noncontrolling interest         52        
Purchase price allocation                  
Goodwill       7 45        
Biological assets       10          
Property, plant and equipment     133 43 71     27  
Other finite-lived intangible assets       1 32 21   53  
Inventories     3   21     15  
Other current assets     24   35        
Other liabilities         18 27   5  
Other current liabilities     17            
Deferred tax liabilities         24        
Noncontrolling interest           40 40    
Long-term debt     89     316 316    
Other net assets             14    
Long-term investments           344 344    
Current assets               4  
Reclassified of noncontrolling interest to long-term debt           222      
Other assets           $ 27