v3.3.1.900

COMMITMENTS AND CONTINGENCIES (TABLES)

12 Months Ended

Dec. 31, 2015

COMMITMENTS AND CONTINGENCIES

Liabilities related to general claims and lawsuits included in other non-current liabilities

(US$ in millions)		December 31, 2015			December 31, 2014
Tax claims		$	163		$	225
Labor claims			75			86
Civil and other claims			78			107
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Total		$	316		$	418
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Maximum potential future payments related to guarantees

        Guarantees—Bunge has issued or was a party to the following guarantees at December 31, 2015:

(US$ in millions)		Maximum Potential Future Payments
Unconsolidated affiliates financing(1)		$	75
Residual value guarantee(2)			154
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Total		$	229
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(1) Bunge issued guarantees to certain financial institutions related to debt of certain of its unconsolidated joint ventures. The terms of the guarantees are equal to the terms of the related financings which have maturity dates in 2016 through 2022. There are no recourse provisions or collateral that would enable Bunge to recover any amounts paid under these guarantees. At December 31, 2015, Bunge had no outstanding recorded obligation related to these guarantees.

(2) Bunge issued guarantees to certain financial institutions which are party to certain operating lease arrangements for railcars and barges. These guarantees provide for a minimum residual value to be received by the lessor at conclusion of the lease term. These leases expire at various dates from 2016 through 2020. At December 31, 2015, Bunge's recorded obligation related to these guarantees was $5 million.

Future minimum payment obligations under freight supply agreements

(US$ in millions)		Ocean Freight Vessels			Railroad Services			Future Minimum Payment Obligations
2016		$	89		$	60		$	149
2017 and 2018			115			59			174
2019 and 2020			93			56			149
2021 and thereafter			85			165			250
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Total		$	382		$	340		$	722
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