v3.23.1
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - DERIVATIVE POSITIONS (Details)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2023
USD ($)
MWh
MMBTU
day
t
Dec. 31, 2022
USD ($)
MMBTU
MWh
day
t
Interest rate | Long | Swaps    
Derivative    
Notional amount of derivative $ 56 $ 387
Interest rate | Long | Futures    
Derivative    
Notional amount of derivative 0 0
Interest rate | Long | Forwards    
Derivative    
Notional amount of derivative 1,316 0
Interest rate | Short | Swaps    
Derivative    
Notional amount of derivative 1,361 1,267
Interest rate | Short | Futures    
Derivative    
Notional amount of derivative 264 97
Interest rate | Short | Forwards    
Derivative    
Notional amount of derivative 1,027 0
Foreign exchange | Long | Swaps    
Derivative    
Notional amount of derivative 2,729 2,441
Foreign exchange | Long | Futures    
Derivative    
Notional amount of derivative 0 11
Foreign exchange | Long | Forwards    
Derivative    
Notional amount of derivative 9,146 9,819
Foreign exchange | Long | Options    
Derivative    
Delta 1 0
Foreign exchange | Short | Swaps    
Derivative    
Notional amount of derivative 2,166 2,876
Foreign exchange | Short | Futures    
Derivative    
Notional amount of derivative 9 0
Foreign exchange | Short | Forwards    
Derivative    
Notional amount of derivative 11,459 9,682
Foreign exchange | Short | Options    
Derivative    
Delta $ 97 $ 102
Agricultural commodities | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 0
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 28,366,935 20,493,679
Agricultural commodities | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 137,095 1,025
Agricultural commodities | Short | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 1,864,265 1,864,262
Agricultural commodities | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 3,790,759 4,092,772
Agricultural commodities | Short | Forwards    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 32,290,827 27,766,763
Agricultural commodities | Short | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 350,844 216,647
Ocean freight | Long | FFA    
Derivative    
Nonmonetary notional amount of derivatives (in Hire Days) | day 0 0
Ocean freight | Short | FFA    
Derivative    
Nonmonetary notional amount of derivatives (in Hire Days) | day 10,880 11,197
Natural gas | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 649,763 1,460,190
Natural gas | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 26,061,635 5,250,393
Natural gas | Long | Forwards    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 50,110 0
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 0 0
Natural gas | Short | Forwards    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 50,111 0
Electricity | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MWh 187,304 22,987
Electricity | Short | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MWh 70,239 8,619
Energy - other | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 161,435 175,784
Energy - other | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 1,320,881
Energy - other | Short | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 0
Energy - other | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 0
Energy - CO2 | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 203,000 0
Energy - CO2 | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 38,000
Other | Long | Swaps and futures    
Derivative    
Notional amount of derivative $ 10 $ 20
Other | Short | Swaps and futures    
Derivative    
Notional amount of derivative 65 50
Fair value hedges | Interest rate    
Derivative    
Notional amount of derivative 3,770 3,753
Cumulative adjustment to long-term debt from application of hedge accounting (279) (341)
Carrying value of hedged debt 3,474 3,394
Fair value hedges | Foreign exchange    
Derivative    
Notional amount of derivative 231 232
Carrying value of hedged debt 231 232
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 247 310
Cash flow hedges | Foreign exchange | Options    
Derivative    
Notional amount of derivative 81 108
Net investment hedges | Foreign exchange    
Derivative    
Notional amount of derivative $ 482 $ 495