v3.23.3
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - DERIVATIVE POSITIONS (Details)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2023
USD ($)
MMBTU
MWh
day
t
Dec. 31, 2022
USD ($)
MMBTU
MWh
day
t
Interest rate | Long | Swaps    
Derivative    
Notional amount of derivative $ 115 $ 387
Interest rate | Long | Futures    
Derivative    
Notional amount of derivative 0 0
Interest rate | Long | Forwards    
Derivative    
Notional amount of derivative 631 0
Interest rate | Short | Swaps    
Derivative    
Notional amount of derivative 1,630 1,267
Interest rate | Short | Futures    
Derivative    
Notional amount of derivative 313 97
Interest rate | Short | Forwards    
Derivative    
Notional amount of derivative 860 0
Foreign exchange | Long | Swaps    
Derivative    
Notional amount of derivative 2,292 2,441
Foreign exchange | Long | Futures    
Derivative    
Notional amount of derivative 0 11
Foreign exchange | Long | Forwards    
Derivative    
Notional amount of derivative 9,714 9,819
Foreign exchange | Long | Options    
Derivative    
Delta 58 0
Foreign exchange | Short | Swaps    
Derivative    
Notional amount of derivative 1,019 2,876
Foreign exchange | Short | Futures    
Derivative    
Notional amount of derivative 4 0
Foreign exchange | Short | Forwards    
Derivative    
Notional amount of derivative 12,459 9,682
Foreign exchange | Short | Options    
Derivative    
Delta $ 35 $ 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 29,271,422 20,493,679
Agricultural commodities | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 221,203 1,025
Agricultural commodities | Short | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 1,864,262
Agricultural commodities | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 5,099,604 4,092,772
Agricultural commodities | Short | Forwards    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 36,196,274 27,766,763
Agricultural commodities | Short | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 288,927 216,647
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 4,965 11,197
Natural gas | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 927,014 1,460,190
Natural gas | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 4,289,892 5,250,393
Natural gas | Long | Forwards    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 6,336 0
Natural gas | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 2,622,078 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 6,336 0
Natural gas | Short | Options    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 0 0
Electricity | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MWh 0 22,987
Electricity | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 40,267 0
Electricity | Short | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MWh 0 8,619
Electricity | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 0
Energy - other | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 189,731 175,784
Energy - other | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 16,360 1,320,881
Energy - other | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 0
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 - other | Short | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 27,280 0
Energy - CO2 | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 826,000 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 15 50
Fair value hedges | Interest rate    
Derivative    
Notional amount of derivative 2,900 3,753
Cumulative adjustment to long-term debt from application of hedge accounting (363) (341)
Carrying value of hedged debt 2,522 3,394
Fair value hedges | Foreign exchange    
Derivative    
Notional amount of derivative 206 232
Carrying value of hedged debt 206 232
Cash flow hedges | Foreign exchange    
Derivative    
Amounts expected to be reclassified from AOCI to earnings in the next twelve months 2  
Cash flow hedges | Foreign exchange | Forwards    
Derivative    
Notional amount of derivative 57 310
Cash flow hedges | Foreign exchange | Options    
Derivative    
Notional amount of derivative 117 108
Net investment hedges | Foreign exchange    
Derivative    
Notional amount of derivative $ 1,023 $ 495