v2.4.0.6
Other Non-Current Assets (Tables)
12 Months Ended
Dec. 31, 2010
Other Non-Current Assets:  
Schedule of other non-current assets

 
  December 31,  
(US$ in millions)
  2010   2009  

Recoverable taxes

  $ 964   $ 769  

Long-term receivables from farmers, net

    377     393  

Judicial deposits

    172     198  

Other long-term receivables

    129     186  

Pension plan assets in excess of benefit obligations

    12     70  

Other

    291     342  
           

Total

  $ 1,945   $ 1,958  
           
Summary of the aging of non-defaulted and renegotiated amounts

 
  December 31,  
(US$ in millions)
  2010  

Legal collection process (1)

  $ 441  

Renegotiated amounts:

       
 

Current

    137  
       

Total

  $ 578  
       

(1)
All amounts in legal process are considered past due upon initiation of legal action.
Summary of recorded investment in long-term receivables and the related allowance amounts

 
  December 31, 2010  
(US$ in millions)
  Recorded
Investment
  Allowance  

For which an allowance has been provided:

             

Renegotiated amounts

  $ 66   $ 39  

Legal collection process

    180     162  

For which no allowance has been provided:

             

Renegotiated amounts

    71      

Legal collection process

    261      
           

Total

  $ 578   $ 201  
           
Summary of the activity in the allowance for doubtful accounts related to long term receivables

 
  December 31,  
(US$ in millions)
  2010  

Beginning Balance

  $ 232  
 

Bad debt provision

    31  
 

Recoveries

    (15 )
 

Write-offs

    (57 )
 

Transfers (1)

    4  
 

Foreign exchange translation

    6  
       

Ending balance

  $ 201  
       

(1)
Represents reclassifications from allowance for doubtful accounts-current for secured advances to suppliers.