OTHER NON-CURRENT ASSETS (Tables)

3 Months Ended

Mar. 31, 2013

OTHER NON-CURRENT ASSETS

Schedule of other non-current assets

		March 31,			December 31,
(US$ in millions)		2013			2012
Recoverable taxes, net		$	344		$	309
Long-term receivables from farmers in Brazil, net		166			164
Judicial deposits		179			169
Other long-term receivables		41			60
Income taxes receivable		426			431
Long-term investments		385			414
Affiliate loans receivable, net		76			59
Other		143			140
Total		$	1,760		$	1,746

Long-term receivables from Brazilian farmers

		March 31,			December 31,
(US$ in millions)		2013			2012
Legal collection process (1)		$	266		$	269
Renegotiated amounts (2)		124			119
Total		$	390		$	388

(1) All amounts in legal process are considered past due upon initiation of legal action.

(2) All renegotiated amounts are current on repayment terms.

Summary of recorded investment in long-term receivables and the related allowance amounts from Brazilian farmers

		March 31, 2013						December 31, 2012
		Recorded						Recorded
(US$ in millions)		Investment			Allowance			Investment			Allowance
For which an allowance has been provided:
Legal collection process		$	177		$	163		$	178		$	165
Renegotiated amounts		70			61			67			59
For which no allowance has been provided:
Legal collection process		89			—			91			—
Renegotiated amounts		54			—			52			—
Total		$	390		$	224		$	388		$	224

Summary of the activity in the allowance for doubtful accounts related to long-term receivables from Brazilian farmers

		Three Months Ended
		March 31,
(US$ in millions)		2013			2012
Beginning balance		$	224		$	199
Bad debt provisions		1			15
Recoveries		(3		)	(4		)
Foreign exchange translation		2			5
Ending balance		$	224		$	215