v3.8.0.1
TRADE RECEIVABLES SECURITIZATION PROGRAM (Tables)
 9 Months Ended
Sep. 30, 2017
Transfers and Servicing [Abstract]  
Assets that Continue to be Recognized, Transferred Financial Assets and Other Financial Assets Managed Together
The table below summarizes the cash flows and discounts of Bunge’s trade receivables associated with the Program. Servicing fees under the Program were not significant in any period.
 
 
Nine Months Ended
September 30,
(US$ in millions)
 
2017
 
2016
Gross receivables sold
 
$
7,074

 
$
6,624

Proceeds received in cash related to transfer of receivables
 
$
6,811

 
$
6,439

Cash collections from customers on receivables previously sold
 
$
6,827

 
$
6,461

Discounts related to gross receivables sold included in SG&A
 
$
6

 
$
4

 
 
 
 
 
(US$ in millions)
 
September 30,
2017
 
December 31,
2016
Receivables sold which were derecognized on Bunge balance sheet
 
$
738

 
$
628

Deferred purchase price included in other current assets
 
$
123

 
$
87