BUSINESS ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2018

Summary of the estimated fair values of the assets acquired and liabilities assumed

The following table summarizes the preliminary allocation of the fair values of the assets acquired and liabilities assumed at the acquisition date, as included in Bunge's condensed consolidated balance sheet. Bunge is in the process of finalizing third-party valuations of certain acquired assets and tax items, and therefore, the measurements below are subject to change:



(US$ in millions)
Cash and cash equivalents	$	82
Accounts receivable	146
Inventories	406
Other current assets	67
Property, plant and equipment	411
Intangible assets	464
Goodwill	243
Total assets	1,819
Accounts payable	(108		)
Other current liabilities	(100		)
Deferred income taxes	(143		)
Noncurrent liabilities	(35		)
Total liabilities	(386		)
Redeemable noncontrolling interest	(461		)
Net assets acquired	$	972

Summary of intangible assets acquired

The following table provides the details of intangible assets acquired, by major class and weighted average useful life:



(US$ in millions)	Useful life
Customer relationships	15 years	$	265
Intellectual property	10 years	120
Trade names	15 years	51
Favorable leases	38 years	26
Other	various	2
Total intangible assets		$	464

Summary of pro forma information

The amounts of revenue and earnings of Loders included in Bunge's condensed consolidated statement of income from the acquisition date to the periods ended June 30, 2018 are as follows:



(US$ in millions)	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Net sales	$	434	$	571
Income (loss) from continuing operations	$	4	$	4

The following represents the supplemental pro forma results of the combined entity as if Loders was acquired on January 1, 2017:



	Three Months Ended June 30,					Six Months Ended June 30,
(US$ in millions)	2018			2017		2018			2017
Net sales	$	12,147		$	12,110	$	23,085		$	23,652
Income (loss) from continuing operations	$	(13	)	$	54	$	(24	)	$	100