v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales $ 14,488 $ 10,974 $ 26,682 $ 21,319
Cost of goods sold (13,841) (10,549) (25,396) (20,349)
Gross profit 647 425 1,286 970
Selling, general and administrative expenses (383) (415) (727) (762)
Gain on sale of fertilizer nutrients assets   2,440   2,440
Interest income 23 23 44 42
Interest expense (70) (101) (142) (179)
Foreign exchange gains (losses) 77 (49) 119 (99)
Other income (expense) - net (3) (3) (11) (3)
Income from operations before income tax 291 2,320 569 2,409
Income tax expense (20) (542) (63) (551)
Equity in earnings of affiliates 41 9 41 9
Net income 312 1,787 547 1,867
Net loss (income) attributable to noncontrolling interest 4 (9) 1 (26)
Net income attributable to Bunge 316 1,778 548 1,841
Convertible preference share dividends (9) (20) (17) (39)
Net income available to Bunge common shareholders $ 307 $ 1,758 $ 531 $ 1,802
Earnings per common share - basic (Note 20)        
Earnings to Bunge common shareholders (in dollars per share) $ 2.08 $ 12.21 $ 3.61 $ 12.68
Earnings per common share - diluted (Note 20)        
Earnings to Bunge common shareholders (in dollars per share) $ 2.02 $ 11.15 $ 3.51 $ 11.67
Dividends per common share (in dollars per share) $ 0.25 $ 0.23 $ 0.48 $ 0.44