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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - DERIVATIVE POSITIONS (Details)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2024
USD ($)
MWh
MMBTU
day
t
Dec. 31, 2023
USD ($)
MMBTU
MWh
day
t
Interest rate | Long | Swaps    
Derivative    
Notional amount of derivative $ 520 $ 935
Interest rate | Long | Futures    
Derivative    
Notional amount of derivative 0 0
Interest rate | Long | Forwards    
Derivative    
Notional amount of derivative 0 416
Interest rate | Long | Options    
Derivative    
Notional amount of derivative 0 0
Interest rate | Short | Swaps    
Derivative    
Notional amount of derivative 1,413 1,465
Interest rate | Short | Futures    
Derivative    
Notional amount of derivative 346 612
Interest rate | Short | Forwards    
Derivative    
Notional amount of derivative 0 416
Interest rate | Short | Options    
Derivative    
Notional amount of derivative 0 3
Foreign currency | Long | Swaps    
Derivative    
Notional amount of derivative 2,257 1,357
Foreign currency | Long | Futures    
Derivative    
Notional amount of derivative 0 0
Foreign currency | Long | Forwards    
Derivative    
Notional amount of derivative 8,890 8,808
Foreign currency | Long | Options    
Derivative    
Delta 36 5
Foreign currency | Short | Swaps    
Derivative    
Notional amount of derivative 1,225 324
Foreign currency | Short | Futures    
Derivative    
Notional amount of derivative 2 2
Foreign currency | Short | Forwards    
Derivative    
Notional amount of derivative 11,189 10,356
Foreign currency | Short | Options    
Derivative    
Delta $ 54 $ 5
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 21,704,818 25,588,125
Agricultural commodities | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 260,259 29,420
Agricultural commodities | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 6,057,113 1,224,688
Agricultural commodities | Short | Forwards    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 29,689,276 34,163,143
Agricultural commodities | Short | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 48,931 615,937
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 15,766 4,965
Natural gas | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 2,045,261 778,436
Natural gas | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 13,477,273 12,715,588
Natural gas | Long | Forwards    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 500 300
Natural gas | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 0 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 0 0
Natural gas | Short | Options    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MMBTU 4,409,938 2,923,438
Electricity | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MWh 0 0
Electricity | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in MMBtus and Mwh) | MWh 63,853 281,511
Energy - other | Long | Swaps    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 190,560 202,716
Energy - other | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 838,860 0
Energy - other | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 40,920
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 0 0
Energy - CO2 | Long | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 56,000 675,000
Energy - CO2 | Long | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 400,000
Energy - CO2 | Short | Futures    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 0 0
Energy - CO2 | Short | Options    
Derivative    
Nonmonetary notional amount of derivatives (in Metric Tons) | t 75,000 0
Other | Long | Swaps and futures    
Derivative    
Notional amount of derivative $ 90 $ 100
Other | Short | Swaps and futures    
Derivative    
Notional amount of derivative 90 106
Fair value hedges | Interest rate    
Derivative    
Notional amount of derivative 2,900 2,900
Cumulative adjustment to long-term debt from application of hedge accounting (281) (260)
Carrying value of hedged debt 2,607 2,625
Cash Flow Hedges | Foreign currency    
Derivative    
Amounts expected to be reclassified from AOCI to earnings in the next twelve months 6  
Cash Flow Hedges | Foreign currency | Forwards    
Derivative    
Notional amount of derivative 13 54
Cash Flow Hedges | Foreign currency | Options    
Derivative    
Notional amount of derivative 114 99
Net Investment Hedges | Foreign currency    
Derivative    
Notional amount of derivative $ 1,136 $ 1,112