v3.4.0.3
TRADE STRUCTURED FINANCE PROGRAM (TABLES)
3 Months Ended
Mar. 31, 2016
TRADE STRUCTURED FINANCE PROGRAM  
Summary of assets and liabilities related to the trade structured finance program

                                                                                                                                                                                           

 

 

March 31,

 

December 31,

 

(US$ in millions)

 

2016

 

2015

 

Assets:

 

 

 

 

 

Carrying value of time deposits

 

$

242 

 

$

325 

 

 

 

 

 

 

 

 

 

Fair value (Level 2 measurement) of time deposits

 

$

242 

 

$

325 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

Carrying value of letters of credit obligations and foreign exchange contracts

 

$

242 

 

$

325 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value (Level 2 measurement) of letters of credit obligations

 

$

242 

 

$

323 

 

Fair value (Level 2 measurement) of foreign exchange forward contracts-(gains) losses

 

 

 

 

 

 

 

 

 

Total fair value (Level 2 measurement) of letters of credit obligations and foreign exchange contracts

 

$

242 

 

$

325