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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
December 31, 2024
(In millions)Balance Sheet LocationGross
Counterparty and Cash Collateral Netting1
Net Amounts Included in the Consolidated Balance Sheet
Asset derivatives:   
Derivatives designated as hedging instruments:
Foreign currency contractsOther current assets$— $— $— 
Commodity contractsOther current assets8— 
Derivatives not designated as hedging instruments:  
Foreign currency contractsOther current assets71 (45)26 
Commodity ContractsOther current assets12— 12 
Total asset derivatives
 $91 $(45)$46 
Liability derivatives:  
Derivatives designated as hedging instruments:
Foreign currency contractsAccrued and other current liabilities$— $— $— 
Commodity contractsAccrued and other current liabilities2— 
Derivatives not designated as hedging instruments:  
Foreign currency contracts
Accrued and other current liabilities104 (45)59 
Commodity contractsAccrued and other current liabilities— 
Total liability derivatives
 $111 $(45)$66 
December 31, 2023
(In millions)Balance Sheet LocationGross
Counterparty and Cash Collateral Netting1
Net Amounts Included in the Consolidated Balance Sheet
Asset derivatives:   
Derivatives designated as hedging instruments:
Foreign currency contractsOther current assets$— $— $— 
Commodity contractsOther current assets3— 
Derivatives not designated as hedging instruments:  
Foreign currency contractsOther current assets83 (33)50 
Commodity contractsOther current assets— 
Total asset derivatives
 $88 $(33)$55 
Liability derivatives:  
Derivatives designated as hedging instruments:
Foreign currency contractsAccrued and other current liabilities$23 $— $23 
Commodity contractsAccrued and other current liabilities6— 
Derivatives not designated as hedging instruments:  
Foreign currency contractsAccrued and other current liabilities38 (33)
Commodity contractsAccrued and other current liabilities— 
Total liability derivatives
 $75 $(33)$42 
1.    Counterparty and cash collateral amounts represent the estimated net settlement amount when applying netting and set-off rights included in master netting arrangements between the company and its counterparties and the payable or receivable for cash collateral held or placed with the same counterparty.
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]
Amount of Gain (Loss) Recognized in OCI1 - Pre-Tax
For the Year Ended December 31,
(In millions)202420232022
Derivatives designated as hedging instruments:
Net investment hedges:
Foreign currency contracts$48 $— $28 
Cash flow hedges:
Foreign currency contracts29 (54)(90)
Commodity contracts(59)(123)130 
Total derivatives designated as hedging instruments$18 $(177)$68 
1.OCI is defined as other comprehensive income (loss).
Effect of Derivative Instruments
(in millions)
Amount of Gain (Loss) Recognized in Income - Pre-Tax1
For the Year Ended December 31,
202420232022
Derivatives designated as hedging instruments:
Cash flow hedges:
Foreign currency contracts2
$$(41)$(59)
Commodity contracts2
(74)49 122 
Total derivatives designated as hedging instruments
(65)63 
Derivatives not designated as hedging instruments:
Foreign currency contracts3
(130)(28)(12)
Foreign currency contracts2
23 (77)(6)
Commodity contracts2,4
(34)(20)(21)
Commodity contracts3
(2)— 
Total derivatives not designated as hedging instruments
(143)(123)(39)
Total derivatives$(208)$(115)$24 
1.For cash flow hedges, this represents the portion of the gain (loss) reclassified from accumulated OCI into income during the period.
2.Recorded in cost of goods sold, in the Consolidated Statement of Operations.
3.Recognized in other income (expense) - net, in the Consolidated Statement of Operations. Note that the net loss from foreign currency contracts was partially offset by the related gain on the foreign currency-denominated monetary assets and liabilities of the company's operations. See Note 7 - Supplementary Information, to the Consolidated Financial Statements for additional information.
4.The net gain (loss) relating to commodity contracts that are not designated as hedging instruments that were recorded in cost of goods sold, in the Consolidated Statement of Operations, are mostly offset by the related net gain (loss) on third-party grower contracts denominated as liabilities.
Commodity Contract [Member]  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
For the Year Ended December 31,
(In millions)202420232022
Beginning balance$(71)$55 $47 
Additions and revaluations of derivatives designated as cash flow hedges(29)(87)102 
Clearance of hedge results to earnings51 (39)(94)
Ending balance$(49)$(71)$55 
Foreign Exchange Contract [Member]  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
(In millions)For the Year Ended December 31,
202420232022
Beginning balance$$10 $32 
Additions and revaluations of derivatives designated as cash flow hedges19 (36)(61)
Clearance of hedges results to earnings(7)27 39 
Ending balance$13 $$10