v3.20.2
INVENTORIES
 9 Months Ended
Sep. 30, 2020
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories by segment are presented below. Readily marketable inventories (“RMI”) are agricultural commodity inventories, such as soybeans, soybean meal, soybean oil, corn, and wheat carried at fair value because of their commodity characteristics, widely available markets, and international pricing mechanisms. The Company engages in trading and distribution, or merchandising activities, and part of RMI can be attributable to such activities and is not held for processing. All other inventories are carried at lower of cost or net realizable value.
(US$ in millions)September 30,
2020		December 31,
2019
Agribusiness (1)
$5,366 $4,002 
Edible Oil Products (2)
774 770 
Milling Products198 194 
Sugar and Bioenergy (3)
13 6 
Fertilizer112 66 
Total$6,463 $5,038 
(1)    Includes RMI of $5,217 million and $3,796 million at September 30, 2020 and December 31, 2019, respectively.  Assets held for sale includes RMI of $151 million and zero at September 30, 2020 and December 31, 2019, respectively (see Note 3 - Portfolio Rationalization Initiatives). Of these amounts, $4,166 million and $2,589 million can be attributable to merchandising activities at September 30, 2020 and December 31, 2019, respectively.
(2)    Includes RMI of $125 million and $133 million at September 30, 2020 and December 31, 2019, respectively.(3)    Includes RMI of $12 million and $5 million at September 30, 2020 and December 31, 2019, respectively.