v2.4.0.6
EQUITY
 3 Months Ended
Mar. 31, 2013
EQUITY  
EQUITY

16.          EQUITY

 

Share repurchase program — Bunge has established a program for the repurchase of up to $975 million of Bunge’s issued and outstanding common shares.  The program runs indefinitely. There were no share repurchases under the program during the three months ended March 31, 2013.  Total repurchases under the program from its inception on June 8, 2010 through March 31, 2013 were 8,647,859 shares for $474 million.

 

Accumulated other comprehensive income (loss) attributable to Bunge — The following table summarizes the balances of related after-tax components of accumulated other comprehensive income (loss) attributable to Bunge:

 

 

 

 

 

 

 

Pension

 

 

 

 

 

 

 

Foreign

 

Deferred

 

and Other

 

Unrealized

 

Accumulated

 

 

 

Exchange

 

Gain (Loss)

 

Postretirement

 

Gain (Loss)

 

Other

 

 

 

Translation

 

on Hedging

 

Liability

 

on

 

Comprehensive

 

(US$ in millions)

 

Adjustment

 

Activities

 

Adjustments

 

Investments

 

Income (Loss)

 

Balance, December 31, 2012

 

$

(1,265

)

$

3

 

$

(157

)

$

9

 

$

(1,410

)

Other comprehensive income (loss)

 

76

 

12

 

—

 

––

 

88

 

Income tax benefit (expense)

 

—

 

(1

)

—

 

—

 

(1

)

Other comprehensive income before reclassifications

 

(1,189

)

14

 

(157

)

9

 

(1,323

)

(Gain) loss reclassified into earnings

 

—

 

—

 

—

 

(5

)

(5

)

Income tax (benefit) expense on reclassified amounts

 

—

 

—

 

—

 

2

 

2

 

Balance, March 31, 2013

 

$

(1,189

)

$

14

 

$

(157

)

$

6

 

$

(1,326

)

 

 

 

 

 

 

 

Pension

 

 

 

 

 

 

 

Foreign

 

Deferred

 

and Other

 

Unrealized

 

Accumulated

 

 

 

Exchange

 

Gain (Loss)

 

Postretirement

 

Gain (Loss)

 

Other

 

 

 

Translation

 

on Hedging

 

Liability

 

on

 

Comprehensive

 

(US$ in millions)

 

Adjustment

 

Activities

 

Adjustments

 

Investments

 

Income (Loss)

 

Balance, December 31, 2011

 

$

(460

)

$

(24

)

$

(124

)

$

(2

)

$

(610

)

Other comprehensive income (loss)

 

322

 

13

 

1

 

21

 

357

 

Income tax benefit (expense)

 

—

 

(4

)

—

 

(8

)

(12

)

Balance, March 31, 2012

 

$

(138

)

$

(15

)

$

(123

)

$

11

 

$

(265

)