v3.5.0.2
EQUITY
6 Months Ended
Jun. 30, 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 330,881 and 3,296,230 common shares for the three and six months ended June 30, 2016 under this program for $19 million and $200 million, respectively. Total repurchases under the program from its inception in May 2015 through June 30, 2016 were 4,707,440 shares for $300 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 April 1, 2016

 

$

(5,931

)

$

36

 

$

(134

)

$

3

 

$

(6,026

)

Other comprehensive income (loss) before reclassifications

 

469

 

(155

)

 

 

314

 

Amount reclassified from accumulated other comprehensive income

 

 

(6

)

 

 

(6

)

 

 

 

 

 

 

 

 

 

 

 

 

Balance, June 30, 2016

 

$

(5,462

)

$

(125

)

$

(134

)

$

3

 

$

(5,718

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 April 1, 2015

 

$

(5,229

)

$

45

 

$

(151

)

$

3

 

$

(5,332

)

Other comprehensive income (loss) before reclassifications

 

221

 

(62

)

1

 

 

160

 

Amount reclassified from accumulated other comprehensive income

 

 

5

 

 

 

5

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, June 30, 2015

 

$

(5,008

)

$

(12

)

$

(150

)

$

3

 

$

(5,167

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

981

 

(339

)

 

 

642

 

Amount reclassified from accumulated other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, June 30, 2016

 

$

(5,462

)

$

(125

)

$

(134

)

$

3

 

$

(5,718

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

(1,111

)

(20

)

4

 

 

(1,127

)

Amount reclassified from accumulated other comprehensive income

 

 

18

 

 

 

18

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, June 30, 2015

 

$

(5,008

)

$

(12

)

$

(150

)

$

3

 

$

(5,167

)