v3.3.1.900

PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2015

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

7. PROPERTY, PLANT AND EQUIPMENT

        Property, plant and equipment consist of the following:

		December 31,
(US$ in millions)		2015			2014
Land		$	339		$	374
Biological assets			454			569
Buildings			1,840			2,138
Machinery and equipment			4,488			5,129
Furniture, fixtures and other			437			415
​	​	​	​	​	​	​	​
			7,558			8,625
Less: accumulated depreciation and depletion			(3,543	)		(3,758	)
Plus: construction in progress			721			759
​	​	​	​	​	​	​	​
Total		$	4,736		$	5,626
​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​

        Bunge capitalized expenditures of $592 million, $846 million and $1,001 million during the years ended 2015, 2014 and 2013, respectively. Included in these capitalized expenditures was capitalized interest on construction in progress of $7 million, $6 million and $4 million for the years ended December 31, 2015, 2014 and 2013, respectively. Depreciation and depletion expense was $518 million, $576 million and $524 million for the years ended December 31, 2015, 2014 and 2013, respectively.

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- References

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13-14)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2921-110230

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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