v3.3.1.900

EMPLOYEE BENEFIT PLANS (TABLES)

12 Months Ended

Dec. 31, 2015

Employee Benefit Plans

Changes in the defined benefit pension and postretirement benefit plans' benefit obligations, assets and funded status of plans recognized in the balance sheet

		Pension Benefits December 31,						Postretirement Benefits December 31,
(US$ in millions)		2015			2014			2015			2014
Change in benefit obligations:
Benefit obligation at the beginning of year		$	906		$	755		$	69		$	69
Service cost			35			30			—			—
Interest cost			33			36			5			6
Plan curtailments			(6	)		—			—			(3	)
Actuarial (gain) loss, net			(54	)		138			8			11
Employee contributions			6			4			1			1
Plan settlements			(6	)		(2	)		—			—
Benefits paid			(30	)		(29	)		(8	)		(8	)
Expenses paid			(3	)		(3	)		—			—
Impact of foreign exchange rates			(17	)		(23	)		(19	)		(7	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Benefit obligation at the end of year		$	864		$	906		$	56		$	69
​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Change in plan assets:
Fair value of plan assets at the beginning of year		$	650		$	614		$	—		$	—
Actual return on plan assets			(3	)		64			—			—
Employer contributions			90			19			7			7
Employee contributions			6			4			1			1
Plan settlements			(6	)		(2	)		—			—
Benefits paid			(30	)		(29	)		(8	)		(8	)
Expenses paid			(3	)		(3	)		—			—
Impact of foreign exchange rates			(15	)		(17	)		—			—
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Fair value of plan assets at the end of year		$	689		$	650		$	—		$	—
​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Funded (unfunded) status and net amounts recognized:
Plan assets (less than) in excess of benefit obligation		$	(175	)	$	(256	)	$	(56	)	$	(69	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Net (liability) asset recognized in the balance sheet		$	(175	)	$	(256	)	$	(56	)	$	(69	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Amounts recognized in the balance sheet consist of:
Non-current assets		$	12		$	12		$	—		$	—
Current liabilities			(5	)		(5	)		(6	)		(7	)
Non-current liabilities			(182	)		(263	)		(50	)		(62	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Net liability recognized		$	(175	)	$	(256	)	$	(56	)	$	(69	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​

Schedule of effects of one-percentage point change in assumed healthcare cost trend rates

(US$ in millions)		One-percentage point increase			One-percentage point decrease
Effect on total service and interest cost		$	—		$	—
Effect on postretirement benefit obligation		$	4		$	(3	)

Components of net periodic benefit costs

		Pension Benefits December 31,									Postretirement Benefits December 31,
(US$ in millions)		2015			2014			2013			2015			2014			2013
Service cost		$	35		$	30		$	30		$	—		$	—		$	—
Interest cost			33			36			31			5			6			7
Expected return on plan assets			(42	)		(39	)		(35	)		—			—			—
Amortization of prior service cost			1			1			1			—			—			—
Amortization of net loss			12			4			19			—			(1	)		—
Curtailment loss			1			—			1			—			(2	)		(2	)
Settlement loss recognized			1			—			—			—			—			—
Special termination benefit			—			—			3			—			—			—
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Net periodic benefit costs		$	41		$	32		$	50		$	5		$	3		$	5
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​

Schedule of weighted-average assumptions used in determining the benefit obligations

		Pension Benefits December 31,						Postretirement Benefits December 31,
		2015			2014			2015			2014
Discount rate			4.2	%		3.8	%		11.4	%		9.8	%
Increase in future compensation levels			3.3	%		3.5	%		N/A			N/A

Schedule of weighted-average assumptions used in determining the net periodic benefit costs

		Pension Benefits December 31,									Postretirement Benefits December 31,
		2015			2014			2013			2015			2014			2013
Discount rate			3.8	%		4.9	%		4.0	%		9.8	%		10.0	%		7.9	%
Expected long-term rate of return on assets			6.7	%		6.7	%		6.6	%		N/A			N/A			N/A
Increase in future compensation levels			3.5	%		3.5	%		3.7	%		N/A			N/A			N/A

Estimated future benefit payments

(US$ in millions)		Pension Benefit Payments			Postretirement Benefit Payments
2016		$	37		$	6
2017			39			6
2018			41			6
2019			43			6
2020			45			5
2021 and onwards			252			23

Pension Benefits

Employee Benefit Plans

Schedule of accumulated benefit obligation in excess of plan assets

		Pension Benefits December 31,
(US$ in millions)		2015			2014
Projected benefit obligation		$	642		$	761
Accumulated benefit obligation		$	588		$	677
Fair value of plan assets		$	474		$	495

Fair values of defined pension plan assets

Fair Value Measurements at December 31, 2015

Pension Benefits

(US$ in millions) Asset Category

Total

Quoted Prices in Active Markets for Identical Assets (Level 1)

Significant Observable Inputs (Level 2)

Significant Unobservable Inputs (Level 3)

Cash

$

81

$

81

$

—

$

—

Equities:

Mutual Funds(1)

354

306

48

—

Fixed income securities:

Mutual Funds(2)

242

80

162

—

Others(3)

12

—

12

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Total

$

689

$

467

$

222

$

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Fair Value Measurements at December 31, 2014

Pension Benefits

(US$ in millions) Asset Category

Total

Quoted Prices in Active Markets for Identical Assets (Level 1)

Significant Observable Inputs (Level 2)

Significant Unobservable Inputs (Level 3)

Cash

$

3

$

3

$

—

$

—

Equities:

Mutual Funds(1)

368

310

58

—

Fixed income securities:

Mutual Funds(2)

263

92

171

—

Others(3)

16

2

14

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Total

$

650

$

407

$

243

$

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

(1) This category represents a portfolio of equity investments comprised of equity index funds that invest in U.S. equities and non-U.S. equities. The U.S. equities are comprised of investments focusing on large, mid and small cap companies and non-U.S. equities are comprised of international, emerging markets and real estate investment trusts.

(2) This category represents a portfolio of fixed income investments in mutual funds comprised of investment grade U.S. government bonds and notes, foreign government bonds and corporate bonds from diverse industries.

(3) This category represents a portfolio consisting of a mixture of equity, fixed income and cash.

X

- Definition

n/a

+ References

No definition available.

+ Details

Name:	bg_PensionPlanDisclosureLineItems
Namespace Prefix:	bg_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

No definition available.

+ Details

Name:	bg_ScheduleOfAssumptionsUsedBenefitObligationTableTextBlock
Namespace Prefix:	bg_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

No definition available.

+ Details

Name:	bg_ScheduleOfAssumptionsUsedNetPeriodicBenefitCostTableTextBlock
Namespace Prefix:	bg_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of changes in benefit obligations, plan assets, and the amounts recognized in the balance sheet for defined benefit plans.

+ References

No definition available.

+ Details

Name:	bg_ScheduleOfDefinedBenefitChangesInBenefitObligationPlanAssetsNetAmountRecognizedOnBalanceSheetTableTextBlock
Namespace Prefix:	bg_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a),(b)
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of accumulated benefit obligations and fair values of plan assets of pension plans and/or other employee benefit plans where the accumulated benefit obligation exceeds the fair value of plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e2417-114920

+ Details

Name:	us-gaap_ScheduleOfAccumulatedBenefitObligationsInExcessOfFairValueOfPlanAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the effect of a one-percentage-point increase and the effect of a one-percentage-point decrease in the assumed health care cost trend rates on the aggregate of the service and interest cost components of net periodic postretirement health care benefit costs and the accumulated postretirement benefit obligation for health care benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (m)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfEffectOfOnePercentagePointChangeInAssumedHealthCareCostTrendRatesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis=us-gaap_PensionPlansDefinedBenefitMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: