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Subsequent Events
6 Months Ended
Jun. 30, 2015
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
Subsequent Events

On July 1, 2015, the Company accepted for purchase $794 million aggregate principal amount of certain of its outstanding debentures (the “Debentures”) validly tendered and not withdrawn. Pursuant to the terms of its previously announced cash tender offers, the Company paid aggregate total consideration of $961 million for the Debentures accepted for purchase. To finance the tender, the Company issued Euro-denominated debt on June 24, 2015 (see Note 10 for more information). The Company expects to recognize a debt extinguishment charge of approximately $172 million in the third quarter of 2015 pertaining to these cash tender offers.

On July 31, 2015, the Company closed on the sale of its global chocolate business to Cargill, Inc. The sale is valued at about $440 million, subject to post-closing adjustments.