(US$ in millions)

				Edible												Discontinued
Three Months Ended				Oil			Milling			Sugar and						Operations &
March 31, 2016	Agribusiness			Products			Products			Bioenergy			Fertilizer			Unallocated (1)			Total
Net sales to external customers	$	6,283		$	1,526		$	391		$	658		$	58		$	—		$	8,916
Inter—segment revenues	857			26			—			1			—			(884		)	—
Gross profit	430			112			55			16			7			—			620
Foreign exchange gains (losses)	24			(1		)	(1		)	—			(1		)	—			21
Noncontrolling interests	2			(2		)	—			—			—			3			3
Other income (expense) — net	3			(1		)	(2		)	(5		)	—			—			(5		)
Segment EBIT (2)	282			30			22			(14		)	2			—			322
Discontinued operations (3)	—			—			—			—			—			(9		)	(9		)
Depreciation, depletion and amortization	(55		)	(22		)	(14		)	(19		)	(3		)	—			(113		)
Total assets	12,671			1,998			1,444			2,357			292			177			18,939

Three Months Ended
March 31, 2015
Net sales to external customers	$	7,911		$	1,648		$	446		$	747		$	54		$	—		$	10,806
Inter—segment revenues	769			37			36			3			—			(845		)	—
Gross profit	506			114			70			21			(1		)	—			710
Foreign exchange gains (losses)	(2		)	5			(2		)	(8		)	—			—			(7		)
Noncontrolling interests	2			(2		)	—			—			—			3			3
Other income (expense) — net	8			—			(1		)	(6		)	—			—			1
Segment EBIT (2)	330			36			36			(23		)	(6		)	—			373
Discontinued operations (3)	—			—			—			—			—			14			14
Depreciation, depletion and amortization	(58		)	(22		)	(11		)	(25		)	(4		)	—			(120		)
Total assets	12,113			2,147			1,156			2,524			332			209			18,481

(1)

Includes noncontrolling interests share of interest and tax to reconcile to consolidated noncontrolling interest and discontinued operations of Brazilian fertilizer distribution business and certain asset management operations.

(2)

Total segment earnings before interest and taxes (“EBIT”) is an operating performance measure used by Bunge’s management to evaluate segment operating activities. Bunge’s management believes total segment EBIT is a useful measure of operating profitability, since the measure allows for an evaluation of the performance of its segments without regard to its financing methods or capital structure. In addition, EBIT is a financial measure that is widely used by analysts and investors in Bunge’s industries.

(3)

Represents net income (loss) from discontinued operations.