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RELATED PARTY TRANSACTIONS
6 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS

Notes receivable - Bunge holds a note receivable from Navegações Unidas Tapajós S.A., a 50% equity method investment in Brazil, having a carrying value of $20 million at June 30, 2018, which matures in June 2019, with interest based on CDI, the average one‑day interbank deposit rate in Brazil.
Bunge holds a note receivable from Bunge SCF Grain LLC, a 50% equity method investment in the U.S., with a carrying value of $7 million at June 30, 2018, which matures on March 31, 2019, with an interest rate based on LIBOR.

In addition, Bunge held notes receivables from other related parties totaling $3 million at June 30, 2018.

Notes payable - Bunge holds a note payable with Bunge SCF Grain LLC with a carrying value of $20 million at June 30, 2018. This note matures on March 31, 2019 with a fixed interest rate of 2.0% and is included in other long-term liabilities in Bunge’s consolidated balance sheet.

Other - Bunge purchased soybeans, palm oil, and other commodity products and received port services from certain of its unconsolidated investees and other related parties totaling $352 million and $232 million for the three months ended June 30, 2018 and 2017, respectively, and $663 million and $500 million for the six months ended June 30, 2018 and 2017, respectively. Bunge also sold soybeans and other commodity products and provided port services to certain of its unconsolidated investees and other related parties totaling $118 million and $245 million for the three months ended June 30, 2018 and 2017, respectively, and $219 million and $311 million for the six months ended June 30, 2018 and 2017, respectively.