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 certain related brands. The completion of the sale is subject to regulatory approval and is expected to close in the fourth quarter of 2020. In connection with this agreement, the Company has classified the assets and liabilities to be sold, which are reported under the Edible Oil Products segment, as held for sale in its condensed consolidated financial statements as of September 30, 2020 and December 31, 2019. The following table presents the disposal group's major classes of assets and liabilities included in Assets held for sale and Liabilities held for sale, respectively, in the condensed consolidated balance sheets at September 30, 2020 and December 31, 2019:


(US$ in millions)	September 30, 2020		December 31, 2019
Inventories	$	16	$	19
Property, plant and equipment, net	31		49
Other intangible assets, net	3		4
Assets held for sale	$	50	$	72

Other current liabilities	$	6	$	4
Liabilities held for sale	$	6	$	4

On April 21, 2020, Bunge announced that it has entered into an agreement to sell a portfolio of interior grain elevators located in the United States, in exchange for cash proceeds of $300 million, subject to customary closing adjustments. The completion of the sale is subject to customary closing conditions, including regulatory approval, and it is expected to close in the first quarter of 2021. In connection with this agreement, the Company has classified the assets and liabilities to be sold, which are reported under the Agribusiness segment, as held for sale in its condensed consolidated financial statements as of September 30, 2020. The following table presents the disposal group's 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 September 30, 2020:


(US$ in millions)	September 30, 2020
Inventories	$	151
Other current assets	55
Property, plant and equipment, net	128
Operating lease assets	7
Goodwill	4
Assets held for sale	$	345

Trade accounts payable	$	268
Current operating lease obligations	1
Other current liabilities	2
Non-current operating lease obligations	6
Liabilities held for sale	$	277