| EQUITY |
16. 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 did not repurchase any common shares during the third quarter ended September 30, 2016. Bunge repurchased 3,296,230 common shares for the nine months ended September 30, 2016 under this program for $200 million. Total repurchases under the program from its inception in May 2015 through September 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 July 1, 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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Other comprehensive income (loss) before reclassifications
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(95
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)
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—
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1
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—
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(94
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)
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Amount reclassified from accumulated other comprehensive income
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—
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(13
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)
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—
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—
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(13
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)
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|
|
|
|
|
|
|
|
|
|
|
|
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Balance, September 30, 2016
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$
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(5,557
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)
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$
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(138
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)
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$
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(133
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)
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$
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3
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$
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(5,825
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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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|
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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 July 1, 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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Other comprehensive income (loss) before reclassifications
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(1,245
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)
|
166
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|
1
|
|
—
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(1,078
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)
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Amount reclassified from accumulated other comprehensive income
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—
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33
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|
—
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—
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33
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|
|
|
|
|
|
|
|
|
|
|
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Balance, September 30, 2015
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$
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(6,253
|
)
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$
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187
|
|
$
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(149
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)
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$
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3
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$
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(6,212
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)
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Deferred
|
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Pension and Other
|
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Unrealized
|
|
Accumulated
|
|
|
|
|
Foreign Exchange
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|
Gains (Losses)
|
|
Postretirement
|
|
Gains (Losses)
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|
Other
|
|
|
|
|
Translation
|
|
on Hedging
|
|
Liability
|
|
on
|
|
Comprehensive
|
|
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(US$ in millions)
|
|
Adjustment
|
|
Activities
|
|
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
|
)
|
$
|
214
|
|
$
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(134
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)
|
$
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3
|
|
$
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(6,360
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)
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Other comprehensive income (loss) before reclassifications
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886
|
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(339
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)
|
1
|
|
—
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|
548
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|
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Amount reclassified from accumulated other comprehensive income
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|
—
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(13
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)
|
—
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|
—
|
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(13
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)
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|
|
|
|
|
|
|
|
|
|
|
|
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Balance, September 30, 2016
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$
|
(5,557
|
)
|
$
|
(138
|
)
|
$
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(133
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)
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$
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3
|
|
$
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(5,825
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)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Deferred
|
|
Pension and Other
|
|
Unrealized
|
|
Accumulated
|
|
|
|
|
Foreign Exchange
|
|
Gains (Losses)
|
|
Postretirement
|
|
Gains (Losses)
|
|
Other
|
|
|
|
|
Translation
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|
on Hedging
|
|
Liability
|
|
on
|
|
Comprehensive
|
|
|
(US$ in millions)
|
|
Adjustment
|
|
Activities
|
|
Adjustments
|
|
Investments
|
|
Income (Loss)
|
|
|
Balance, January 1, 2015
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|
$
|
(3,897
|
)
|
$
|
(10
|
)
|
$
|
(154
|
)
|
$
|
3
|
|
$
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(4,058
|
)
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Other comprehensive income (loss) before reclassifications
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(2,356
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)
|
146
|
|
5
|
|
—
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(2,205
|
)
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Amount reclassified from accumulated other comprehensive income
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|
—
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|
51
|
|
—
|
|
—
|
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51
|
|
|
|
|
|
|
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|
|
|
|
|
|
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Balance, September 30, 2015
|
|
$
|
(6,253
|
)
|
$
|
187
|
|
$
|
(149
|
)
|
$
|
3
|
|
$
|
(6,212
|
)
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