v3.5.0.2
TRADE STRUCTURED FINANCE PROGRAM (TABLES)
 9 Months Ended
Sep. 30, 2016
TRADE STRUCTURED FINANCE PROGRAM  
Summary of assets and liabilities related to the trade structured finance program

 

 

 

September 30,

 

December 31,

 

(US$ in millions)

 

2016

 

2015

 

Current assets:

 

 

 

 

 

Carrying value of time deposits

 

$
161 

 

$
325 

 

 

 

 

 

 

 

 

 

Fair value (Level 2 measurement) of time deposits

 

$
161 

 

$
325 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-current assets:

 

 

 

 

 

Carrying value of time deposits

 

$
464 

 

$

—

 

 

 

 

 

 

 

 

 

Fair value (Level 2 measurement) of time deposits

 

$
464 

 

$

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

Carrying value of letters of credit obligations and foreign exchange contracts

 

$
625 

 

$
325 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value (Level 2 measurement) of letters of credit obligations

 

$
625 

 

$
323 

 

Fair value (Level 2 measurement) of foreign exchange forward contracts-(gains) losses

 

—

 
2 

 

 

 

 

 

 

 

Total fair value (Level 2 measurement) of letters of credit obligations and foreign exchange contracts

 

$
625 

 

$
325