XML 67 R31.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Fair Value Measurements (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2012 | Jun. 30, 2011
Fair Value Measurements At Reporting Date |
|  | Fair Value Measurements at June 30, 2012
|  | Quoted Prices in |  | Significant |  |  |  |  |  |
|  | Active Markets |  | Other |  | Significant |  |  |
|  | for Identical |  | Observable |  | Unobservable |  |  |
|  | Assets |  | Inputs |  | Inputs |  |  |
|  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Total
|  |  |  |  | (In millions) |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Inventories carried at market |  | $ | - |  | $ | 5,297 |  | $ | 1,462 |  | $ | 6,759
Unrealized derivative gains: |  |  |  |  |  |  |  |  |  |  |  |
Commodity contracts |  |  | 1,275 |  |  | 1,397 |  |  | 171 |  |  | 2,843
Foreign exchange contracts |  |  | - |  |  | 219 |  |  | - |  |  | 219
Other contracts |  |  | - |  |  | 1 |  |  | - |  |  | 1
Marketable securities |  |  | 1,666 |  |  | 26 |  |  | - |  |  | 1,692
Deferred consideration |  |  | - |  |  | 629 |  |  | - |  |  | 629
Total Assets |  | $ | 2,941 |  | $ | 7,569 |  | $ | 1,633 |  | $ | 12,143
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Unrealized derivative losses: |  |  |  |  |  |  |  |  |  |  |  |
Commodity contracts |  | $ | 1,487 |  | $ | 1,038 |  | $ | 179 |  | $ | 2,704
Foreign exchange contracts |  |  | 2 |  |  | 289 |  |  | - |  |  | 291
Inventory-related payables |  |  | - |  |  | 307 |  |  | 38 |  |  | 345
Total Liabilities |  | $ | 1,489 |  | $ | 1,634 |  | $ | 217 |  | $ | 3,340
|  | Fair Value Measurements at June 30, 2011
|  | Quoted Prices in |  | Significant |  |  |  |  |  |
|  | Active Markets |  | Other |  | Significant |  |  |
|  | for Identical |  | Observable |  | Unobservable |  |  |
|  | Assets |  | Inputs |  | Inputs |  |  |
|  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Total
|  |  |  |  | (In millions) |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Inventories carried at market |  | $ | - |  | $ | 5,153 |  | $ | 762 |  | $ | 5,915
Unrealized derivative gains: |  |  |  |  |  |  |  |  |  |  |  |
Commodity contracts |  |  | 1,198 |  |  | 1,457 |  |  | 112 |  |  | 2,767
Foreign exchange contracts |  |  | - |  |  | 237 |  |  | - |  |  | 237
Interest rate contracts |  |  | - |  |  | 3 |  |  | - |  |  | 3
Marketable securities |  |  | 1,628 |  |  | 328 |  |  | - |  |  | 1,956
Total Assets |  | $ | 2,826 |  | $ | 7,178 |  | $ | 874 |  | $ | 10,878
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Unrealized derivative losses: |  |  |  |  |  |  |  |  |  |  |  |
Commodity contracts |  | $ | 1,317 |  | $ | 1,193 |  | $ | 44 |  | $ | 2,554
Foreign exchange contracts |  |  | - |  |  | 178 |  |  | - |  |  | 178
Inventory-related payables |  |  | - |  |  | 278 |  |  | 45 |  |  | 323
Total Liabilities |  | $ | 1,317 |  | $ | 1,649 |  | $ | 89 |  | $ | 3,055
Unobservable Price Components Present in the Level 3 Valuations of Assets and Liabilities Measured at Fair Value on a Recurring Basis |
|  | Weighted Average
|  | % of Total Price
Component Type |  | Assets |  | Liabilities
Inventories |  |  |  |  |  |
Basis |  | 8.8 | % |  | 2.3 | %
Transportation cost |  | 8.5 | % |  | 7.9 | %
Commodity Derivative Contracts |  |  |  |  |  |
Basis |  | 12.6 | % |  | 11.8 | %
Transportation cost |  | 12.6 | % |  | 14.0 | %
Significant Unobservable Inputs (Level 3) [Member] |  |
Reconciliation Of Assets Measured At Fair Value On A Recurring Basis |
|  | Level 3 Fair Value Assets Measurements at June 30, 2012
|  |  |  |  | Commodity |  |  |
|  | Inventories |  | Derivative |  |  |
|  | Carried at |  | Contracts |  |  |
|  | Market |  | Gains |  | Total
|  | (In millions)
Balance, June 30, 2011 |  | $ | 762 |  | $ | 112 |  | $ | 874
Total increase (decrease) in unrealized |  |  |  |  |  |  |  |  |
gains included in cost of products sold |  |  | 88 |  |  | 592 |  |  | 680
Purchases |  |  | 7,036 |  |  | 2 |  |  | 7,038
Sales |  |  | (6,504) |  |  | - |  |  | (6,504)
Settlements |  |  | - |  |  | (490) |  |  | (490)
Transfers into Level 3 |  |  | 90 |  |  | 108 |  |  | 198
Transfers out of Level 3 |  |  | (10) |  |  | (153) |  |  | (163)
Ending balance, June 30, 2012 |  | $ | 1,462 |  | $ | 171 |  | $ | 1,633
Reconciliation Of Liabilities Measured At Fair Value On A Recurring Basis |
|  | Level 3 Fair Value Liabilities Measurements at June 30, 2012
|  |  |  |  | Commodity |  |  |
|  | Inventory- |  | Derivative |  |  |
|  | related |  | Contracts |  |  |
|  | Payables |  | Losses |  | Total
|  | (In millions)
Balance, June 30, 2011 |  | $ | 45 |  | $ | 44 |  | $ | 89
Total increase (decrease) in unrealized |  |  |  |  |  |  |  |  |
losses included in cost of products sold |  |  | 1 |  |  | 555 |  |  | 556
Purchases |  |  | (8) |  |  | - |  |  | (8)
Settlements |  |  | - |  |  | (384) |  |  | (384)
Transfers into Level 3 |  |  | - |  |  | 72 |  |  | 72
Transfers out of Level 3 |  |  | - |  |  | (108) |  |  | (108)
Ending balance, June 30, 2012 |  | $ | 38 |  | $ | 179 |  | $ | 217
Reconciliation of Assets And Liabilities Measured At Fair Value On A Recurring Basis Using Significant Unobservable Inputs (Level 3) |
|  | Level 3 Fair Value Measurements at June 30, 2011
|  | Inventories |  | Derivative |  |  |
|  | Carried at |  | Contracts, |  |  |
|  | Market, Net |  | Net |  | Total
|  | (In millions)
Balance, June 30, 2010 |  | $ | 427 |  | $ | 13 |  | $ | 440
Total gains (losses), realized or |  |  |  |  |  |  |  |  |
unrealized, included in earnings |  |  |  |  |  |  |  |  |
before income taxes* |  |  | 171 |  |  | 79 |  |  | 250
Purchases, issuances and settlements |  |  | 254 |  |  | (2) |  |  | 252
Transfers into Level 3 |  |  | 300 |  |  | 23 |  |  | 323
Transfers out of Level 3 |  |  | (435) |  |  | (45) |  |  | (480)
Ending balance, June 30, 2011 |  | $ | 717 |  | $ | 68 |  | $ | 785
*Includes gains of $109 million that are attributable to the change in unrealized gains or losses relating to Level 3 assets and liabilities still held at June 30, 2011. |

X
- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets and liabilities. The disclosure includes the unobservable inputs used to measure fair value on a recurring basis and the weighted averages of the inputs. + References No definition available. + Details
Name: | adm_FairValueInputsAssetsAndLiabilitiesQuantitativeInformationTableTextBlock
Namespace Prefix: | adm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents, for the fair value measurement of assets and liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized); (2) purchases, sales, issuances, and settlements (net); and (3) transfers in and transfers out of Level 3. + References No definition available. + Details
Name: | adm_ScheduleOfFairValueAssetsLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTableTextBlock
Namespace Prefix: | adm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19279-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19279-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of the fair value measurement of assets and liabilities, which includes financial instruments measured at fair value that are classified in shareholders' equity, which may be measured on a recurring or nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 33 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 10 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 6 -Footnote 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_FairValueMeasurementInputsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration