v3.22.2.2
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - DERIVATIVE POSITIONS (Details)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2022
USD ($)
MWh
MMBTU
day
t
Dec. 31, 2021
USD ($)
MMBTU
MWh
day
t
Interest rate | Long | Swaps    
Derivative    
Notional amount of derivative $ 75 $ 2,924
Interest rate | Long | Futures    
Derivative    
Notional amount of derivative 0 0
Interest rate | Short | Swaps    
Derivative    
Notional amount of derivative 788 2,506
Interest rate | Short | Futures    
Derivative    
Notional amount of derivative 16 0
Foreign exchange | Long | Swaps    
Derivative    
Notional amount of derivative 3,294 1,362
Foreign exchange | Long | Futures    
Derivative    
Notional amount of derivative 11 0
Foreign exchange | Long | Forwards    
Derivative    
Notional amount of derivative 10,794 12,961
Foreign exchange | Long | Options    
Derivative    
Delta 81 88
Foreign exchange | Short | Swaps    
Derivative    
Notional amount of derivative 3,557 1,422
Foreign exchange | Short | Futures    
Derivative    
Notional amount of derivative 0 8
Foreign exchange | Short | Forwards    
Derivative    
Notional amount of derivative 11,145 14,065
Foreign exchange | Short | Options    
Derivative    
Delta $ 80 $ 106
Agricultural commodities | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 33,250
Agricultural commodities | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 0
Agricultural commodities | Long | Forwards    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 31,678,168 29,329,244
Agricultural commodities | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 11,547 218,106
Agricultural commodities | Short | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 2,272,494 502,652
Agricultural commodities | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 1,747,421 7,221,848
Agricultural commodities | Short | Forwards    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 30,332,548 34,810,969
Agricultural commodities | Short | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 350,333 116,370
Ocean freight | Long | FFA    
Derivative    
Nonmonetary notional amount of derivatives (in Hire Days) | day 0 0
Ocean freight | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Hire Days) | day 77 548
Ocean freight | Short | FFA    
Derivative    
Nonmonetary notional amount of derivatives (in Hire Days) | day 11,512 6,713
Ocean freight | Short | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Hire Days) | day 0 0
Natural gas | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 895,261 1,764,455
Natural gas | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 0 5,147,500
Natural gas | Short | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 0 0
Natural gas | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 4,163,882 0
Energy - other | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 350,257 741,307
Energy - other | Short | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 122,226 426,476
Electricity | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MWh 536,325 670,973
Electricity | Short | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MWh 169,356 256,949
Energy - CO2 | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 349,000 0
Energy - CO2 | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 0
Other | Long | Swaps and futures    
Derivative    
Notional amount of derivative $ 23 $ 20
Other | Short | Swaps and futures    
Derivative    
Notional amount of derivative 45 585
Fair value hedges | Interest rate    
Derivative    
Notional amount of derivative 3,680 4,006
Cumulative adjustment to long-term debt from application of hedge accounting (359) 0
Carrying value of hedged debt 3,303 3,990
Fair value hedges | Foreign exchange    
Derivative    
Notional amount of derivative 213 267
Carrying value of hedged debt 213 267
Cash flow hedges | Foreign exchange    
Derivative    
Amounts expected to be reclassified from AOCI to earnings in the next twelve months 4  
Cash flow hedges | Foreign exchange | Forwards    
Derivative    
Notional amount of derivative 318 148
Cash flow hedges | Foreign exchange | Options    
Derivative    
Notional amount of derivative 60 60
Net investment hedges | Foreign exchange    
Derivative    
Notional amount of derivative $ 932 $ 1,020