Future Minimum Payments Under Operating Leases

Entity Registrant Name ARCHER DANIELS MIDLAND CO
CIK 0000007084
Accession number 0000007084-14-000011
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/7084/000000708414000011/adm-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01

Commentary Everything is as was anticipated. Level 3 text block located, Level 4 detail discovered, total of detail foots.

Level 3 (Disclosure) Text Block concept us-gaap:OperatingLeasesOfLesseeDisclosureTextBlock
Leases

The Company leases manufacturing and warehouse facilities, real estate, transportation assets, and other equipment under non-cancelable operating leases, the majority of which expire at various dates through the year 2044. Rent expense for the years ended December 31, 2013 and 2012, the six months ended December 31, 2012 and 2011, and the years ended June 30, 2012 and 2011 was $199 million, $212 million, $106 million, $103 million, $209 million, and $251 million, respectively.  Additional amounts incurred for charges pertaining to time charters of ocean going vessels accounted for as leases for the years ended December 31, 2013 and 2012, the six months ended December 31, 2012 and 2011, and the years ended June 30, 2012 and 2011 were $147 million, $150 million, $62 million, $76 million, $164 million, and $176 million, respectively.  Future minimum rental payments for non-cancelable operating leases with initial or remaining terms in excess of one year are as follows:
 
 
Minimum
 
Rental Payments
 
(In millions)
 
 
2014
$
243

2015
195

2016
171

2017
132

2018
82

Thereafter
227

Total minimum lease payments
$
1,050


Level 4 Details Key Concepts: Future minimum payments

Description Fact value US GAAP XBRL Concept
Year 1 (Current portion) 243,000,000 us-gaap:OperatingLeasesFutureMinimumPaymentsDueCurrent
Year 2 195,000,000 us-gaap:OperatingLeasesFutureMinimumPaymentsDueInTwoYears
Year 3 171,000,000 us-gaap:OperatingLeasesFutureMinimumPaymentsDueInThreeYears
Year 4 132,000,000 us-gaap:OperatingLeasesFutureMinimumPaymentsDueInFourYears
Year 5 82,000,000 us-gaap:OperatingLeasesFutureMinimumPaymentsDueInFiveYears
Thereafter 227,000,000 us-gaap:OperatingLeasesFutureMinimumPaymentsDueThereafter
Total Long-term Debt 1,050,000,000 us-gaap:OperatingLeasesFutureMinimumPaymentsDue
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