v3.4.0.3
EQUITY
 3 Months Ended
Mar. 31, 2016
EQUITY  
EQUITY

15.EQUITY

 

Share repurchase program - In May 2015, Bunge established a new program for the repurchase of up to $500 million of Bunge’s issued and outstanding common shares. The program has no expiration date. Bunge repurchased 2,965,349 common shares under this program for $181 million in the first quarter 2016. Total repurchases under the program from its inception in May 2015 through March 31, 2016 were 4,376,559 shares for $281 million. Bunge completed the previous program of $975 million during the first quarter of 2015 with the repurchase of 2,460,600 common shares for $200 million.

 

Accumulated other comprehensive income (loss) attributable to Bunge — The following table summarizes the balances of related after-tax components of accumulated other comprehensive income (loss) attributable to Bunge:

 

 

 

 

 

Deferred

 

Pension and Other

 

Unrealized

 

Accumulated

 

 

 

Foreign Exchange

 

Gains (Losses)

 

Postretirement

 

Gains (Losses)

 

Other

 

 

 

Translation

 

on Hedging

 

Liability

 

on

 

Comprehensive

 

(US$ in millions)

 

Adjustment

 

Activities

 

Adjustments

 

Investments

 

Income (Loss)

 

Balance January 1, 2016

 

$
(6,443

)

$
214

 

$
(134

)

$
3

 

$
(6,360

)

Other comprehensive income (loss) before reclassifications

 
512

 
(184

)

—

 

—

 
328

 

Amount reclassified from accumulated other comprehensive income

 

—

 
6

 

—

 

—

 
6

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, March 31, 2016

 

$
(5,931

)

$
36

 

$
(134

)

$
3

 

$
(6,026

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred

 

Pension and Other

 

Unrealized

 

Accumulated

 

 

 

Foreign Exchange

 

Gains (Losses)

 

Postretirement

 

Gains (Losses)

 

Other

 

 

 

Translation

 

on Hedging

 

Liability

 

on

 

Comprehensive

 

(US$ in millions)

 

Adjustment

 

Activities

 

Adjustments

 

Investments

 

Income (Loss)

 

Balance January 1, 2015

 

$
(3,897

)

$
(10

)

$
(154

)

$
3

 

$
(4,058

)

Other comprehensive income (loss) before reclassifications

 
(1,332

)
42

 
3

 

—

 
(1,287

)

Amount reclassified from accumulated other comprehensive income

 

—

 
13

 

—

 

—

 
13

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, March 31, 2015

 

$
(5,229

)

$
45

 

$
(151

)

$
3

 

$
(5,332

)