v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 11,423 $ 10,762 $ 30,880 $ 32,350
Cost of goods sold (10,867) (10,017) (29,174) (30,360)
Gross profit 556 745 1,706 1,990
Selling, general and administrative expenses (324) (358) (941) (1,050)
Interest income 13 18 37 42
Interest expense (73) (77) (189) (187)
Foreign exchange gains (losses) (6) (24) 9 (15)
Other income (expense) - net 4 2 (14) (6)
Gain on sale of Canadian grain assets   47   47
Income (loss) from continuing operations before income tax 170 353 608 821
Income tax (expense) benefit (45) (140) (118) (270)
Income (loss) from continuing operations 125 213 490 551
Income (loss) from discontinued operations, net of tax 5 21 (8) 36
Net income (loss) 130 234 482 587
Net loss (income) attributable to noncontrolling interests (12) 5 (8) 1
Net income (loss) attributable to Bunge 118 239 474 588
Convertible preference share dividends and other obligations (2) (10) (27) (38)
Net income (loss) available to Bunge common shareholders $ 116 $ 229 $ 447 $ 550
Earnings per common share-basic (Note 17)        
Net income (loss) from continuing operations (in dollars per share) $ 0.80 $ 1.45 $ 3.25 $ 3.57
Net income (loss) from discontinued operations (in dollars per share) 0.03 0.14 (0.06) 0.25
Net income (loss) to Bunge common shareholders (in dollars per share) 0.83 1.59 3.19 3.82
Earnings per common share-diluted (Note 17)        
Net income (loss) from continuing operations (in dollars per share) 0.79 1.42 3.24 3.53
Net income (loss) from discontinued operations (in dollars per share) 0.04 0.14 (0.05) 0.24
Net income (loss) to Bunge common shareholders (in dollars per share) 0.83 1.56 3.19 3.77
Dividends declared per common share (in dollars per share) $ 0.42 $ 0.38 $ 1.22 $ 1.10