v3.7.0.1
TRADE RECEIVABLES SECURITIZATION PROGRAM (Tables)
 6 Months Ended
Jun. 30, 2017
TRADE RECEIVABLES SECURITIZATION PROGRAM  
Summary of cash flows and discounts of trade receivables securitization program

 

 

June 30,

 

June 30,

 

(US$ in millions)

 

2017

 

2016

 

Gross receivables sold

 

$
4,554

 

$
4,297

 

 

 

 

 

 

 

 

 

Proceeds received in cash related to transfer of receivables

 

$
4,379

 

$
4,150

 

 

 

 

 

 

 

 

 

Cash collections from customers on receivables previously sold

 

$
4,434

 

$
4,210

 

 

 

 

 

 

 

 

 

Discounts related to gross receivables sold included in SG&A

 

$
4

 

$
3

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

 

(US$ in millions)

 

2017

 

2016

 

Receivables sold which were derecognized on Bunge balance sheet

 

$
672

 

$
628

 

 

 

 

 

 

 

 

 

Deferred purchase price included in other current assets

 

$
96

 

$
87