v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 10,541 $ 10,782 $ 19,457 $ 21,588
Cost of goods sold (10,011) (10,247) (18,307) (20,343)
Gross profit 530 535 1,150 1,245
Selling, general and administrative expenses (303) (361) (617) (692)
Interest income 14 13 24 24
Interest expense (59) (57) (116) (110)
Foreign exchange gains (losses) (6) 16 15 9
Other income (expense) - net (13) (9) (18) (8)
Income (loss) from continuing operations before income tax 163 137 438 468
Income tax (expense) benefit (39) (45) (73) (130)
Income (loss) from continuing operations 124 92 365 338
Income (loss) from discontinued operations, net of tax (4) 1 (13) 15
Net income (loss) 120 93 352 353
Net loss (income) attributable to noncontrolling interests 1 (7) 4 (4)
Net income (loss) attributable to Bunge 121 86 356 349
Convertible preference share dividends and other obligations (12) (14) (25) (28)
Net income (loss) available to Bunge common shareholders $ 109 $ 72 $ 331 $ 321
Earnings per common share-basic (Note 16)        
Net income (loss) from continuing operations (in dollars per share) $ 0.81 $ 0.50 $ 2.45 $ 2.12
Net income (loss) from discontinued operations (in dollars per share) (0.03) 0.01 (0.09) 0.11
Net income (loss) to Bunge common shareholders (in dollars per share) 0.78 0.51 2.36 2.23
Earnings per common share-diluted (Note 16)        
Net income (loss) from continuing operations (in dollars per share) 0.81 0.50 2.43 2.11
Net income (loss) from discontinued operations (in dollars per share) (0.03)   (0.09) 0.10
Net income (loss) to Bunge common shareholders (in dollars per share) 0.78 0.50 2.34 2.21
Dividends declared per common share (in dollars per share) $ 0.42 $ 0.38 $ 0.80 $ 0.72