v3.10.0.1
TRADE RECEIVABLES SECURITIZATION PROGRAM (Tables)
 6 Months Ended
Jun. 30, 2018
Transfers and Servicing [Abstract]  
Assets that Continue to be Recognized, Transferred Financial Assets and Other Financial Assets Managed Together
(US$ in millions)
 
June 30,
2018
 
December 31,
2017
Receivables sold which were derecognized from Bunge's balance sheet
 
$
813

 
$
810

Deferred purchase price included in other current assets
 
$
118

 
$
107


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.
 
 
Six Months Ended
June 30,
(US$ in millions)
 
2018
 
2017
Gross receivables sold
 
$
4,830

 
$
4,554

Proceeds received in cash related to transfer of receivables
 
$
4,626

 
$
4,379

Cash collections from customers on receivables previously sold
 
$
4,711

 
$
4,434

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

 
$
4