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Accrued Expenses And Other Payables (Tables)
3 Months Ended
Mar. 31, 2021
Accrued Liabilities and Other Liabilities [Abstract]  
Accrued Expenses And Other Payables Accrued Expenses and Other Payables
The following table sets forth the items in accrued expenses and other payables:
March 31,December 31,
20212020
 (In millions)
Unrealized losses on derivative contracts$2,128 $2,584 
Accrued compensation338 396 
Income tax payable137 41 
Other taxes payable140 127 
Biodiesel tax credit payable5 
Insurance claims payable246 238 
Contract liability555 626 
Other accruals and payables(1)
899 926 
 $4,448 $4,943 
(1) As of March 31, 2021, the Company had accrued a total of $45 million related to a settlement of a legal matter involving its subsidiary, Golden Peanut, which includes the $7 million