v2.4.0.6

Pension Plans (Tables)

12 Months Ended

Dec. 31, 2010

Pension Plans

Changes in the U.S and foreign defined benefit pension plans' benefit obligations, assets and funded status of plans recognized in the balance sheet

		U.S. Pension Benefits December 31,						Foreign Pension Benefits December 31,
(US$ in millions)		2010			2009			2010			2009
Change in benefit obligations:
Benefit obligation as of beginning of year		$	394		$	346		$	479		$	328
Service cost			13			12			3			3
Interest cost			24			22			22			41
Actuarial loss (gain), net			19			29			9			28
Employee contributions			—			—			1			2
Net transfers in (out)			—			—			(398	)		14
Plan amendments			—			—			1			—
Plan settlements			—			—			42			(7	)
Effect of plan combinations			—			—			—			(8	)
Benefits paid			(17	)		(14	)		(19	)		(27	)
Expenses paid			(1	)		(1	)		—			—
Impact of foreign exchange rates			—			—			(4	)		105
Benefit obligation as of end of year		$	432		$	394		$	136		$	479
Change in plan assets:
Fair value of plan assets as of beginning of year		$	298		$	220		$	493		$	368
Actual return on plan assets			48			48			28			29
Employer contributions			2			45			14			10
Employee contributions			—			—			1			2
Plan settlements			—			—			(2	)		(7	)
Effect of plan combinations			—			—			—			(2	)
Divestitures			—			—			(398	)		—
Benefits paid			(17	)		(14	)		(19	)		(27	)
Expenses paid			(1	)		(1	)		—			—
Impact of foreign exchange rates			—			—			(2	)		120
Fair value of plan assets as of end of year		$	330		$	298		$	115		$	493
Funded (unfunded) status and net amounts recognized:
Plan assets (less than) in excess of benefit obligation		$	(102	)	$	(96	)	$	(21	)	$	14
Net (liability) asset recognized in the balance sheet		$	(102	)	$	(96	)	$	(21	)	$	14
Amounts recognized in the balance sheet consist of:
Non-current assets		$	2		$	1		$	10		$	69
Current liabilities			(1	)		(1	)		(2	)		(10	)
Non-current liabilities			(103	)		(96	)		(29	)		(45	)
Net (liability) asset recognized		$	(102	)	$	(96	)	$	(21	)	$	14

Schedule of accumulated benefit obligation in excess of plan assets, aggregated U.S. and foreign defined benefit pension plans

		U.S. Pension Benefits December 31,						Foreign Pension Benefits December 31,
(US$ in millions)		2010			2009			2010			2009
Projected benefit obligation		$	381		$	377		$	29		$	52
Accumulated benefit obligation			330			330			28			49
Fair value of plan assets			276			281			3			3

Net periodic benefit cost for U.S. and non-U.S. defined benefit pension plans

		U.S. Pension Benefits December 31,									Foreign Pension Benefits December 31,
(US$ in millions)		2010			2009			2008			2010			2009			2008
Service cost		$	13		$	12		$	11		$	3		$	3		$	5
Interest cost			24			22			21			22			41			37
Expected return on plan assets			(24	)		(22	)		(20	)		(25	)		(43	)		(39	)
Amortization of prior service cost			2			2			1			1			1			1
Amortization of net loss			5			3			1			—			(2	)		—
Settlement loss recognized			—			—			—			26			1			—
Net periodic benefit costs		$	20		$	17		$	14		$	27		$	1		$	4

Weighted average assumptions used in determining the benefit obligation under the U.S. and foreign defined benefit pension plans

		U.S. Pension Benefits December 31,						Foreign Pension Benefits December 31,
		2010			2009			2010			2009
Discount rate			6.0	%		6.2	%		4.4	%		10.5	%
Increase in future compensation levels			4.2	%		4.2	%		2.4	%		6.3	%

Weighted average assumptions used in determining the net periodic benefit cost under the U.S. and foreign defined benefit pension plans

		U.S. Pension Benefits December 31,									Foreign Pension Benefits December 31,
		2010			2009			2008			2010			2009			2008
Discount rate			6.2	%		6.5	%		6.5	%		10.5	%		11.4	%		9.4	%
Increase in future compensation levels			4.2	%		4.2	%		4.3	%		6.3	%		6.7	%		4.8	%
Expected long-term rate of return on assets			8.0	%		8.0	%		7.8	%		11.4	%		10.9	%		10.2	%

Fair values of U.S. and foreign defined benefit pension plan assets

(US$ in millions)			Fair Value Measurements at December 31, 2010
Asset Category			Total						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
			U.S. Pension Benefits			Foreign Pension Benefits			U.S. Pension Benefits			Foreign Pension Benefits			U.S. Pension Benefits			Foreign Pension Benefits			U.S. Pension Benefits			Foreign Pension Benefits
Equities:
	Mutual Funds (1)		$	213		$	20		$	213		$	1		$	—		$	19		$	—		$	—
Fixed income securities:
	Mutual Funds (2)			117			95			65			—			52			46			—			49
Total			$	330		$	115		$	278		$	1		$	52		$	65		$	—		$	49

(US$ in millions)			Fair Value Measurements at December 31, 2009
Asset Category			Total						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
			U.S. Pension Benefits			Foreign Pension Benefits			U.S. Pension Benefits			Foreign Pension Benefits			U.S. Pension Benefits			Foreign Pension Benefits			U.S. Pension Benefits			Foreign Pension Benefits
Cash			$	4		$	—		$	4		$	—		$	—		$	—		$	—		$	—
Equities:
	Mutual Funds (1)			247			153			247			138			—			15			—			—
Fixed income securities:
	Mutual Funds (2)			47			317			—			—			47			317			—			—
Real estate				—			23			—			—			—			—			—			23
Total			$	298		$	493		$	251		$	138		$	47		$	332		$	—		$	23

(1)

This category represents a portfolio of equity investments comprised of equity index funds that invest in U.S. equities and non-U.S. equities. The U.S. equities are comprised of investments focusing on large, mid and small cap companies and non-U.S. equities are comprised of international, emerging markets and real estate investment trusts.

(2)

This category represents a portfolio of fixed income investments in mutual funds comprised of investment grade U.S. government bonds and notes, foreign government bonds and corporate bonds from diverse industries.

Fair Value Measurements Using Significant Unobservable Input (Level 3)

(US$ in millions)			Fair Value Measurements Using Significant Unobservable Input (Level 3)
			Insured
			Asset
Beginning balance, January 1, 2010			$	—
Actual return on plan assets:
	Relating to assets still held at December 31, 2010			—
	Relating to assets sold during 2010			—
Purchase, sales and settlements				—
Transfers into Level 3 (1)			$	49
Ending balance, December 31, 2010			$	49

(1)

At December 31, 2010, there was a transfer in of a plan previously accounted for as a defined contribution plan. This plan's assets are classified as insured assets and are held by a collective insurance fund. Bunge does not actively participate in the administration or the asset management of the collective fund.

Estimated future benefit payments for U.S. and foreign defined benefit pension plans

(US$ in millions)		U.S. Pension Benefit Payments			Foreign Pension Benefit Payments
2011		$	17		$	8
2012			18			8
2013			19			8
2014			21			8
2015			24			9
2016-2020			149			47

X

- Definition

Disclosure of the assumptions used to determine for pension plans the benefit obligation including assumed discount rates and rate increase in compensation increase.

+ References

No definition available.

+ Details

Name:	bg_DefinedBenefitPensionPlanAssumptionsUsedInDeterminingBenefitObligationTableTextBlock
Namespace Prefix:	bg_
Data Type:	us-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the assumptions used to determine for pension plans the net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

No definition available.

+ Details

Name:	bg_DefinedBenefitPensionPlanAssumptionsUsedInDeterminingNetPeriodicBenefitCostTableTextBlock
Namespace Prefix:	bg_
Data Type:	us-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the components of net benefit costs for pension plans including service cost, interest cost, expected return on plan assets, gain or loss, prior service cost or credit, transition asset or obligation, and gain or loss recognized due to settlements or curtailments.

+ References

No definition available.

+ Details

Name:	bg_DefinedBenefitPensionPlanComponentsOfNetPeriodicBenefitCostTableTextBlock
Namespace Prefix:	bg_
Data Type:	us-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of benefits expected to be paid by pension plan in next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

No definition available.

+ Details

Name:	bg_DefinedBenefitPensionPlanExpectedBenefitPaymentsTableTextBlock
Namespace Prefix:	bg_
Data Type:	us-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	bg_PensionPlansDisclosureAbstract
Namespace Prefix:	bg_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of accumulated benefit obligations and fair values of plan assets of pension plans and/or other employee benefit plans where the accumulated benefit obligation exceeds the fair value of plan assets.

+ References

No definition available.

+ Details

Name:	bg_ScheduleOfAccumulatedBenefitObligationsInExcessOfFairValueOfPlanAssetsTableTextBlock
Namespace Prefix:	bg_
Data Type:	us-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of changes in benefit obligations, plan assets, and the amounts recognized in the balance sheet for defined benefit pension plans.

+ References

No definition available.

+ Details

Name:	bg_ScheduleOfDefinedBenefitPensionPlanChangesInBenefitObligationPlanAssetsNetAmountRecognizedOnBalanceSheetTableTextBlock
Namespace Prefix:	bg_
Data Type:	us-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the major categories of U.S. and foreign defined benefit pension plans', including the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

+ References

No definition available.

+ Details

Name:	bg_ScheduleOfFairValueMeasurementOfPensionPlanAssetsTableTextBlock
Namespace Prefix:	bg_
Data Type:	us-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This element represents, for the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (net); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-Subparagraph c

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	us-types:textBlockItemType
Balance Type:	na
Period Type:	duration