v3.10.0.1
OTHER NON-CURRENT ASSETS (Tables)
9 Months Ended
Sep. 30, 2018
Other Assets, Noncurrent [Abstract]  
Schedule of other non-current assets
Other non-current assets consist of the following:
(US$ in millions)
 
September 30,
2018
 
December 31,
2017
Recoverable taxes, net (1)
 
$
113

 
$
155

Judicial deposits (1)
 
110

 
140

Other long-term receivables
 
5

 
12

Income taxes receivable (1)
 
245

 
307

Long-term investments
 
86

 
66

Affiliate loans receivable
 
28

 
24

Long-term receivables from farmers in Brazil, net (1)
 
92

 
131

Other
 
170

 
193

Total
 
$
849

 
$
1,028

 
(1)
These non-current assets arise primarily from Bunge’s Brazilian operations and their realization could take several years.
Summary of gross investment in long-term receivables and the related allowance amounts from Brazilian farmers
The table below summarizes Bunge’s recorded investment in long-term receivables from farmers in Brazil and the related allowance amounts.
 
 
September 30, 2018
 
December 31, 2017
(US$ in millions)
 
Recorded
Investment
 
Allowance
 
Recorded
Investment
 
Allowance
For which an allowance has been provided:
 
 

 
 

 
 

 
 

Legal collection process (1)
 
$
85

 
$
74

 
$
98

 
$
91

Renegotiated amounts (2)
 
16

 
16

 
25

 
22

For which no allowance has been provided:
 
 

 
 

 
 

 
 

Legal collection process (1)
 
50

 

 
76

 

Renegotiated amounts (2)
 
9

 

 
17

 

Other long-term receivables
 
22

 

 
28

 

Total
 
$
182

 
$
90

 
$
244

 
$
113


(1)
All amounts in legal process are considered past due upon initiation of legal action.
(2)
All renegotiated amounts are current on repayment terms.
Summary of the activity in the allowance for doubtful accounts related to long-term receivables from Brazilian farmers
The table below summarizes the activity in the allowance for doubtful accounts related to long-term receivables from farmers in Brazil.
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(US$ in millions)
2018
 
2017
 
2018
 
2017
Beginning balance
$
98

 
$
109

 
$
113

 
$
109

Bad debt provisions
1

 

 
5

 
10

Recoveries
(4
)
 
(3
)
 
(7
)
 
(11
)
Write-offs
(1
)
 

 
(2
)
 

Foreign exchange translation
(4
)
 
5

 
(19
)
 
3

Ending balance
$
90

 
$
111

 
$
90

 
$
111