On December 20, 2019, Bunge announced that it has entered into an agreement to sell its margarine and mayonnaise assets in Brazil. The transaction includes three production plants and brands used for these two products. The completion of the sale is subject to regulatory approval and is expected to close in the second half of 2020. In connection with this agreement, the Company has classified the assets and liabilities to be sold as held for sale in its consolidated financial statements as of March 31, 2020 and December 31, 2019. The following table presents the major classes of assets and liabilities included in Assets held for sale and Liabilities held for sale, respectively, on the Condensed Consolidated Balance Sheets at March 31, 2020 and December 31, 2019:



(US$ in millions)	March 31, 2020		December 31, 2019
Inventories	$	15	$	19
Property, plant, and equipment, net	33		49
Other intangible assets, net	3		4
Assets held for sale	$	51	$	72

Other current liabilities	$	3	$	4
Liabilities held for sale	$	3	$	4