	Three Months Ended						Six Months Ended
	June 30,						June 30,
(US$ in millions, except for share data)	2017			2016			2017			2016
Income (loss) from continuing operations	$	81		$	124		$	135		$	365
Net (income) loss attributable to noncontrolling interests	(6		)	1			(7		)	4

Income (loss) from continuing operations attributable to Bunge	75			125			128			369

Other redeemable obligations (1)	—			(3		)	—			(8		)
Convertible preference share dividends	(9		)	(9		)	(17		)	(17		)
Income (loss) from discontinued operations, net of tax	6			(4		)	—			(13		)

Net income (loss) available to Bunge common shareholders	$	72		$	109		$	111		$	331


Weighted-average number of common shares outstanding:
Basic	140,466,021			139,406,634			140,111,135			140,234,524
Effect of dilutive shares:
—stock options and awards	932,783			358,243			1,043,341			289,838
—convertible preference shares	—			—			—			7,877,730

Diluted (2)	141,398,804			139,764,877			141,154,476			148,402,092


Basic earnings per common share:
Net income (loss) from continuing operations	$	0.48		$	0.81		$	0.79		$	2.45
Net income (loss) from discontinued operations	0.04			(0.03		)	—			(0.09		)

Net income (loss) attributable to Bunge common shareholders—basic	$	0.52		$	0.78		$	0.79		$	2.36


Diluted earnings per common share:
Net income (loss) from continuing operations	$	0.48		$	0.81		$	0.79		$	2.43
Net income (loss) from discontinued operations	0.03			(0.03		)	—			(0.09		)

Net income (loss) attributable to Bunge common shareholders—diluted	$	0.51		$	0.78		$	0.79		$	2.34

(1)

Accretion of redeemable noncontrolling interest of $3 million and $8 million for the three and six months ended June 30, 2016, respectively, related to a non-fair value variable put arrangement whereby the noncontrolling interest holder could require Bunge to purchase the remaining shares of an oilseed processing operation in Central and Eastern Europe. Accretion for the respective periods include the effect of losses incurred by the operations for the three and six months ended June 30, 2016. In the second quarter of 2016, this variable put arrangement was terminated.

(2)

Approximately 3 million outstanding stock options and contingently issuable restricted stock units were not dilutive and not included in the weighted-average number of common shares outstanding for the three and six months ended June 30, 2017. Approximately 8 million weighted-average common shares that are issuable upon conversion of the convertible preference shares were not dilutive and not included in the weighted-average number of common shares outstanding for the three and six months ended June 30, 2017.

Approximately 4 million outstanding stock options and contingently issuable restricted stock units were not dilutive and not included in the weighted-average number of common shares outstanding for the three and six months ended June 30, 2016. Approximately 8 million weighted-average common shares that are issuable upon conversion of the convertible preference shares were not dilutive and not included in the weighted-average number of common shares outstanding for the three months ended June 30, 2016.