v3.3.1.900
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 10,762 $ 13,676 $ 32,350 $ 43,930
Cost of goods sold (10,017) (12,957) (30,360) (42,004)
Gross profit 745 719 1,990 1,926
Selling, general and administrative expenses (358) (403) (1,050) (1,161)
Interest income 18 19 42 71
Interest expense (77) (70) (187) (225)
Foreign exchange gains (losses) (24) 23 (15) 59
Other income (expense) - net 2 (2) (6) 5
Gain on sale of Canadian grain assets 47   47  
Income from continuing operations before income tax 353 286 821 675
Income tax (expense) benefit (140) (9) (270) (150)
Income from continuing operations, net of tax 213 277 551 525
Income from discontinued operations, net of tax 21 27 36 37
Net income 234 304 587 562
Net loss (income) attributable to noncontrolling interests 5 (10) 1 7
Net income attributable to Bunge 239 294 588 569
Convertible preference share dividends and other obligations (10) (10) (38) (40)
Net income available to Bunge common shareholders $ 229 $ 284 $ 550 $ 529
Earnings per common share-basic (Note 16)        
Net income (loss) from continuing operations (in dollars per share) $ 1.45 $ 1.77 $ 3.57 $ 3.36
Net income (loss) from discontinued operations (in dollars per share) 0.14 0.19 0.25 0.25
Net income (loss) to attributable to Bunge common shareholders (in dollars per share) 1.59 1.96 3.82 3.61
Earnings per common share-diluted (Note 16)        
Net income (loss) from continuing operations (in dollars per share) 1.42 1.73 3.53 3.34
Net income (loss) from discontinued operations (in dollars per share) 0.14 0.17 0.24 0.24
Net income (loss) attributable to Bunge common shareholders (in dollars per share) 1.56 1.90 3.77 3.58
Dividends declared per common share (in dollars per share) $ 0.38 $ 0.34 $ 1.10 $ 0.98