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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 9,462 $ 10,096 $ 18,635 $ 20,034
Cost of goods sold (8,357) (9,584) (17,356) (19,085)
Gross profit 1,105 512 1,279 949
Selling, general and administrative expenses (346) (335) (641) (640)
Interest income 6 7 13 14
Interest expense (62) (88) (139) (163)
Foreign exchange gains (losses) 27 (11) 21 (18)
Other income (expense) – net 27 181 20 205
Income (loss) from affiliates (67) 6 (111) 13
Income (loss) before income tax 690 272 442 360
Income tax (expense) benefit (168) (60) (113) (98)
Net income (loss) 522 212 329 262
Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests (6) 2 3 (3)
Net income (loss) attributable to Bunge 516 214 332 259
Convertible preference share dividends (9) (9) (17) (17)
Adjustment of redeemable noncontrolling interest 5 0 (10) 0
Net income (loss) available to Bunge common shareholders $ 512 $ 205 $ 305 $ 242
Earnings per common share - basic        
Net income (loss) attributable to Bunge common shareholders—basic (in dollars per share) $ 3.62 $ 1.46 $ 2.15 $ 1.72
Earnings per common share - diluted        
Net income (loss) attributable to Bunge common shareholders—diluted (in dollars per share) $ 3.47 $ 1.43 $ 2.14 $ 1.71