v3.23.1

INVENTORIES (Details) - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022
--- | --- | ---
INVENTORIES |  |
Inventories | $ 8,952 | $ 8,408
Corporate and Other |  |
INVENTORIES |  |
Inventories | 5 | 4
Agribusiness |  |
INVENTORIES |  |
Inventories | 7,458 | 6,756
Readily marketable inventories at fair value | 6,954 | 6,286
Readily marketable inventories included in assets held for sale. | 0 | 26
Agribusiness | Merchandising Activities |  |
INVENTORIES |  |
Readily marketable inventories at fair value | 5,731 | 4,789
Refined and Specialty Oils |  |
INVENTORIES |  |
Inventories | 1,148 | 1,316
Readily marketable inventories at fair value | 227 | 271
Milling |  |
INVENTORIES |  |
Inventories | 341 | 332
Readily marketable inventories at fair value | $ 50 | $ 97

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- Definition This element represents fair value of readily marketable inventories which are readily convertible to cash because of their commodity characteristics, widely available markets and international pricing mechanisms. + References No definition available. + Details
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