v3.5.0.2
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - ASSETS AND LIABILITIES AT FAIR VALUE (DETAILS) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Assets:    
Unrealized gain $ 2,037 $ 1,456
Deferred purchase price receivable (Note 12) 104 79
Liabilities:    
Unrealized loss 1,968 1,471
Other non-current assets.    
Unrealized gains (losses) on designated and undesignated derivative contracts    
Unrealized gains (losses) on derivative contracts 0 0
Other non-current liabilities    
Unrealized gains (losses) on designated and undesignated derivative contracts    
Unrealized gains (losses) on derivative contracts 0 0
Assets and liabilities measured at fair value on a recurring basis    
Assets:    
Readily marketable inventories (Note 5) 4,221 3,666
Trade accounts receivable 9 6
Deferred purchase price receivable (Note 12) 104 79
Other 225 244
Total assets 6,596 5,451
Liabilities:    
Trade accounts payable 568 443
Total liabilities 2,536 1,914
Assets and liabilities measured at fair value on a recurring basis | Designated derivative contracts | Interest rate    
Assets:    
Unrealized gain 18  
Liabilities:    
Unrealized loss   3
Assets and liabilities measured at fair value on a recurring basis | Designated derivative contracts | Foreign exchange    
Assets:    
Unrealized gain 33 30
Liabilities:    
Unrealized loss 2 15
Assets and liabilities measured at fair value on a recurring basis | Undesignated derivative contracts | Interest rate    
Assets:    
Unrealized gain 1  
Assets and liabilities measured at fair value on a recurring basis | Undesignated derivative contracts | Foreign exchange    
Assets:    
Unrealized gain 341 185
Liabilities:    
Unrealized loss 387 606
Assets and liabilities measured at fair value on a recurring basis | Undesignated derivative contracts | Commodities    
Assets:    
Unrealized gain 1,596 1,168
Liabilities:    
Unrealized loss 1,541 758
Assets and liabilities measured at fair value on a recurring basis | Undesignated derivative contracts | Freight    
Assets:    
Unrealized gain 33 65
Liabilities:    
Unrealized loss 26 56
Assets and liabilities measured at fair value on a recurring basis | Undesignated derivative contracts | Energy    
Assets:    
Unrealized gain 15 8
Liabilities:    
Unrealized loss 12 33
Assets and liabilities measured at fair value on a recurring basis | Level 1    
Assets:    
Other 30 68
Total assets 773 401
Liabilities:    
Total liabilities 873 490
Assets and liabilities measured at fair value on a recurring basis | Level 1 | Undesignated derivative contracts | Foreign exchange    
Assets:    
Unrealized gain   9
Liabilities:    
Unrealized loss   1
Assets and liabilities measured at fair value on a recurring basis | Level 1 | Undesignated derivative contracts | Commodities    
Assets:    
Unrealized gain 695 252
Liabilities:    
Unrealized loss 839 402
Assets and liabilities measured at fair value on a recurring basis | Level 1 | Undesignated derivative contracts | Freight    
Assets:    
Unrealized gain 33 65
Liabilities:    
Unrealized loss 25 56
Assets and liabilities measured at fair value on a recurring basis | Level 1 | Undesignated derivative contracts | Energy    
Assets:    
Unrealized gain 15 7
Liabilities:    
Unrealized loss 9 31
Assets and liabilities measured at fair value on a recurring basis | Level 2    
Assets:    
Readily marketable inventories (Note 5) 3,929 3,421
Trade accounts receivable 9 6
Deferred purchase price receivable (Note 12) 104 79
Other 195 176
Total assets 5,419 4,584
Liabilities:    
Trade accounts payable 525 399
Total liabilities 1,472 1,326
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Designated derivative contracts | Interest rate    
Assets:    
Unrealized gain 18  
Liabilities:    
Unrealized loss   3
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Designated derivative contracts | Foreign exchange    
Assets:    
Unrealized gain 33 30
Liabilities:    
Unrealized loss 2 15
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Undesignated derivative contracts | Interest rate    
Assets:    
Unrealized gain 1  
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Undesignated derivative contracts | Foreign exchange    
Assets:    
Unrealized gain 341 176
Liabilities:    
Unrealized loss 387 605
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Undesignated derivative contracts | Commodities    
Assets:    
Unrealized gain 789 696
Liabilities:    
Unrealized loss 557 304
Assets and liabilities measured at fair value on a recurring basis | Level 2 | Undesignated derivative contracts | Energy    
Liabilities:    
Unrealized loss 1  
Assets and liabilities measured at fair value on a recurring basis | Level 3    
Assets:    
Readily marketable inventories (Note 5) 292 245
Total assets 404 466
Liabilities:    
Trade accounts payable 43 44
Total liabilities 191 98
Assets and liabilities measured at fair value on a recurring basis | Level 3 | Undesignated derivative contracts | Commodities    
Assets:    
Unrealized gain 112 220
Liabilities:    
Unrealized loss 145 52
Assets and liabilities measured at fair value on a recurring basis | Level 3 | Undesignated derivative contracts | Freight    
Liabilities:    
Unrealized loss 1  
Assets and liabilities measured at fair value on a recurring basis | Level 3 | Undesignated derivative contracts | Energy    
Assets:    
Unrealized gain   1
Liabilities:    
Unrealized loss 2 2
Fair value | Assets and liabilities measured at fair value on a recurring basis    
Liabilities:    
Trade accounts receivable related to certain delivered inventory accounted for at prices that fluctuate based on changes in commodity prices and for which no payments had been received 9 6
Trade accounts payable related to certain delivered inventory accounted for at prices that fluctuate based on changes in commodity prices and for which no payments had been made $ 568 $ 443