| 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 $200 million.
Accumulated other comprehensive income (loss) attributable to Bunge — The following table summarizes the balances of related after-tax components of accumulated other comprehensive income (loss) attributable to Bunge.
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Deferred
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Pension and Other
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Unrealized
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Accumulated
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Foreign Exchange
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Gains (Losses)
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Postretirement
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Gains (Losses)
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Other
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Translation
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on Hedging
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Liability
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on
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Comprehensive
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(US$ in millions)
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Adjustment
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Activities
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Adjustments
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Investments
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Income (Loss)
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Balance April 1, 2016
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$
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(5,931
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)
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$
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36
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$
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(134
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)
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$
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3
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$
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(6,026
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)
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Other comprehensive income (loss) before reclassifications
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469
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(155
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)
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—
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—
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314
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Amount reclassified from accumulated other comprehensive income
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—
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(6
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)
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—
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—
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(6
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)
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|
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Balance, June 30, 2016
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$
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(5,462
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)
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$
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(125
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)
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$
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(134
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)
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$
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3
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$
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(5,718
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)
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Deferred
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Pension and Other
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Unrealized
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Accumulated
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Foreign Exchange
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Gains (Losses)
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Postretirement
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Gains (Losses)
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Other
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|
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Translation
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on Hedging
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Liability
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|
on
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Comprehensive
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(US$ in millions)
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Adjustment
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Activities
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Adjustments
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Investments
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Income (Loss)
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Balance April 1, 2015
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$
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(5,229
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)
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$
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45
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$
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(151
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)
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$
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3
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|
$
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(5,332
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)
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Other comprehensive income (loss) before reclassifications
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221
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(62
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)
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1
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—
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160
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Amount reclassified from accumulated other comprehensive income
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—
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5
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—
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—
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5
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Balance, June 30, 2015
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$
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(5,008
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)
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$
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(12
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)
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$
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(150
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)
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$
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3
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$
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(5,167
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)
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Deferred
|
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Pension and Other
|
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Unrealized
|
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Accumulated
|
|
|
|
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Foreign Exchange
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|
Gains (Losses)
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|
Postretirement
|
|
Gains (Losses)
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Other
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|
|
|
|
Translation
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|
on Hedging
|
|
Liability
|
|
on
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Comprehensive
|
|
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(US$ in millions)
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|
Adjustment
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Activities
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|
Adjustments
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Investments
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Income (Loss)
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Balance, January 1, 2016
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$
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(6,443
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)
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$
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214
|
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$
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(134
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)
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$
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3
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$
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(6,360
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)
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Other comprehensive income (loss) before reclassifications
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981
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(339
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)
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—
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—
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|
642
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|
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Amount reclassified from accumulated other comprehensive income
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—
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—
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—
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—
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—
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|
|
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|
|
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|
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Balance, June 30, 2016
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$
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(5,462
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)
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$
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(125
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)
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$
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(134
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)
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$
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3
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$
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(5,718
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)
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|
|
|
|
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Deferred
|
|
Pension and Other
|
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Unrealized
|
|
Accumulated
|
|
|
|
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Foreign Exchange
|
|
Gains (Losses)
|
|
Postretirement
|
|
Gains (Losses)
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Other
|
|
|
|
|
Translation
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|
on Hedging
|
|
Liability
|
|
on
|
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Comprehensive
|
|
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(US$ in millions)
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Adjustment
|
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Activities
|
|
Adjustments
|
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Investments
|
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Income (Loss)
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Balance, January 1, 2015
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|
$
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(3,897
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)
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$
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(10
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)
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$
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(154
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)
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$
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3
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|
$
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(4,058
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)
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Other comprehensive income (loss) before reclassifications
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(1,111
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)
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(20
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)
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4
|
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—
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(1,127
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)
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Amount reclassified from accumulated other comprehensive income
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—
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18
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|
—
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—
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18
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|
|
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Balance, June 30, 2015
|
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$
|
(5,008
|
)
|
$
|
(12
|
)
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$
|
(150
|
)
|
$
|
3
|
|
$
|
(5,167
|
)
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