v3.3.1.900

OTHER CURRENT LIABILITIES (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
OTHER CURRENT LIABILITIES
Accrued liabilities	$ 700	$ 769
Unrealized losses on derivative contracts at fair value	1,705	1,629
Advances on sales	257	392
Other	342	279
Total	$ 3,004	$ 3,069

X

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.20)
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The current portion of prepayments received from customers for goods or services to be provided in the future.

+ References

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Fair value of liability associated with financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset.

+ References

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Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed.

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Obligations not otherwise itemized or categorized in the footnotes to the financial statements that are due within one year or operating cycle, if longer, from the balance sheet date.

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