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DISCONTINUED OPERATIONS AND BUSINESS DIVESTITURES (TABLES)
12 Months Ended
Dec. 31, 2015
DISCONTINUED OPERATIONS AND BUSINESS DIVESTITURES  
Summary of results from discontinued operations

 

                                                                                                                                                                                    

(US$ in millions)

 

Year Ended
December 31,
2013

 

Net sales

 

$

1,217

 

Cost of goods sold

 

 

(1,138

)

​  

​  

Gross profit

 

 

79

 

Selling, general and administrative expenses

 

 

(64

)

Interest income

 

 

14

 

Interest expense

 

 

(9

)

Foreign exchange gain (loss)

 

 

(7

)

Other income (expenses)—net

 

 

(12

)

Gain on sale of Brazilian fertilizer business

 

 

148

 

​  

​  

Income (loss) from discontinued operations before income tax

 

 

149

 

Income tax (expense) benefit

 

 

(52

)

​  

​  

Income (loss) from discontinued operations, net of tax

 

$

97

 

​  

​  

​  

​