RELATED PARTY TRANSACTIONS	12 Months Ended
Dec. 31, 2015
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	20. RELATED PARTY TRANSACTIONS On April 15, 2015, Bunge and Saudi Agricultural and Livestock Investment Company ("SALIC"), formed a Canadian entity, G3. Bunge has a 51% ownership interest in G3. Bunge accounts for G3 under the equity method of accounting as the ownership interest does not provide Bunge with a controlling financial interest due to certain contractual restrictions. In February 2016, SALIC completed the conversion of debt to equity under the promissory notes granted in favor of G3, thus reducing Bunge's ownership interest from 51% to 35%. Additionally, Bunge has exercised its right under a put option to sell an additional 10% ownership interest in G3 to SALIC for cash, which would further reduce Bunge's ownership interest to 25%. The put transaction is expected to be completed in the first quarter of 2016. Notes receivable—Bunge holds a note receivable from Navegações Unidas Tapajós S.A., a 50% equity method investment in Brazil, having a carrying value of $10 million at December 31, 2015 which matures in June 2017, with an interest rate of 11%. Bunge holds a note receivable from Solazyme Bunge Renewable Oils Coperatief U.A., a 49.9% equity method investment in Brazil, having a carrying value of $7 million at December 31, 2015 which matures in April 2017, with an interest rate of 14%. Bunge had a note receivable from Senwes Limited, its partner in the Bunge Senwes joint venture in South Africa, having a carrying value of $9 million which matured in 2015 and is included in other current assets in Bunge's consolidated balance sheet at December 31, 2014. In addition, Bunge held notes receivables from other related parties totaling $6 million and $11 million at December 31, 2015, and 2014, respectively. Notes payable—Bunge holds a note payable with its joint venture Bunge SCF Grain LLC with a carrying value of $5 million at December 31, 2015. This note matures on March 21, 2017 with an interest rate of 1 month LIBOR and is included in other long-term liabilities in Bunge's consolidated balance sheet. Bunge holds a note payable with its joint venture ProMaiz S.A. with a carrying value of $6 million at December 31, 2015. This note matured on January 20, 2016 with an interest rate of 22% and is included in other short-term liabilities in Bunge's consolidated balance sheet. Other—Bunge purchased soybeans and other commodity products and received port services from certain of its unconsolidated ventures, totaling $757 million, $746 million and $446 million for the years ended December 31, 2015, 2014 and 2013, respectively. Bunge also sold soybeans and other commodity products and provided port services to certain of its unconsolidated ventures, totaling $351 million, $345 million and $440 million for the years ended December 31, 2015, 2014 and 2013, respectively. At December 31, 2015 and 2014, Bunge had approximately $16 million and $75 million of receivables from these ventures included in trade accounts receivable in the consolidated balance sheets as of those dates. In addition, at December 31, 2015 and 2014, Bunge had approximately $25 million and $73 million of payables to these ventures included in trade accounts payable in the consolidated balance sheets as of those dates. In addition, Bunge provided services during the years ended December 31, 2015, 2014 and 2013, to its unconsolidated ventures totaling $106 million, $111 million and $81 million, respectively, for services including primarily tolling and administrative support. Bunge believes all of these transaction values are similar to those that would be conducted with third parties.

20. RELATED PARTY TRANSACTIONS

On April 15, 2015, Bunge and Saudi Agricultural and Livestock Investment Company ("SALIC"), formed a Canadian entity, G3. Bunge has a 51% ownership interest in G3. Bunge accounts for G3 under the equity method of accounting as the ownership interest does not provide Bunge with a controlling financial interest due to certain contractual restrictions. In February 2016, SALIC completed the conversion of debt to equity under the promissory notes granted in favor of G3, thus reducing Bunge's ownership interest from 51% to 35%. Additionally, Bunge has exercised its right under a put option to sell an additional 10% ownership interest in G3 to SALIC for cash, which would further reduce Bunge's ownership interest to 25%. The put transaction is expected to be completed in the first quarter of 2016.

Notes receivable—Bunge holds a note receivable from Navegações Unidas Tapajós S.A., a 50% equity method investment in Brazil, having a carrying value of $10 million at December 31, 2015 which matures in June 2017, with an interest rate of 11%.

Bunge holds a note receivable from Solazyme Bunge Renewable Oils Coperatief U.A., a 49.9% equity method investment in Brazil, having a carrying value of $7 million at December 31, 2015 which matures in April 2017, with an interest rate of 14%.

Bunge had a note receivable from Senwes Limited, its partner in the Bunge Senwes joint venture in South Africa, having a carrying value of $9 million which matured in 2015 and is included in other current assets in Bunge's consolidated balance sheet at December 31, 2014.

In addition, Bunge held notes receivables from other related parties totaling $6 million and $11 million at December 31, 2015, and 2014, respectively.

Notes payable—Bunge holds a note payable with its joint venture Bunge SCF Grain LLC with a carrying value of $5 million at December 31, 2015. This note matures on March 21, 2017 with an interest rate of 1 month LIBOR and is included in other long-term liabilities in Bunge's consolidated balance sheet.

Bunge holds a note payable with its joint venture ProMaiz S.A. with a carrying value of $6 million at December 31, 2015. This note matured on January 20, 2016 with an interest rate of 22% and is included in other short-term liabilities in Bunge's consolidated balance sheet.

Other—Bunge purchased soybeans and other commodity products and received port services from certain of its unconsolidated ventures, totaling $757 million, $746 million and $446 million for the years ended December 31, 2015, 2014 and 2013, respectively. Bunge also sold soybeans and other commodity products and provided port services to certain of its unconsolidated ventures, totaling $351 million, $345 million and $440 million for the years ended December 31, 2015, 2014 and 2013, respectively. At December 31, 2015 and 2014, Bunge had approximately $16 million and $75 million of receivables from these ventures included in trade accounts receivable in the consolidated balance sheets as of those dates. In addition, at December 31, 2015 and 2014, Bunge had approximately $25 million and $73 million of payables to these ventures included in trade accounts payable in the consolidated balance sheets as of those dates.

In addition, Bunge provided services during the years ended December 31, 2015, 2014 and 2013, to its unconsolidated ventures totaling $106 million, $111 million and $81 million, respectively, for services including primarily tolling and administrative support. Bunge believes all of these transaction values are similar to those that would be conducted with third parties.