v3.21.2
EARNINGS PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share The following table sets forth the computation of basic and diluted earnings per common share.
Three Months Ended
September 30,		Nine Months Ended
September 30,
(US$ in millions, except for share data)2021202020212020
Net income (loss)$649 $267 $1,935 $596 
Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests4 (5)(88)(2)
Net income (loss) attributable to Bunge653 262 1,847 594 
Convertible preference share dividends(8)(8)(25)(25)
Adjustment of redeemable noncontrolling interest (1)
— 12 — 2 
Net income (loss) available to Bunge common shareholders - Basic $645 $266 1,822 571 
Add back convertible preference share dividends8 8 25 25 
Net income (loss) available to Bunge common shareholders - Diluted$653 $274 $1,847 $596 
Weighted-average number of common shares outstanding:   
Basic141,433,651 139,642,937 141,108,272 141,024,572 
Effect of dilutive shares:    
—stock options and awards (2)
2,308,535 273,474 2,422,293 217,333 
—convertible preference shares8,796,406 8,633,573 8,796,406 8,633,573 
Diluted152,538,592 148,549,984 152,326,971 149,875,478 
Earnings per common share:
Net income (loss) attributable to Bunge common shareholders—basic$4.56 $1.90 $12.91 $4.05 
Net income (loss) attributable to Bunge common shareholders—diluted$4.28 $1.84 $12.12 $3.98 
(1)    The redemption value adjustment of the Company's redeemable noncontrolling interest is added to or deducted from income (loss) as discussed further in Note 17- Redeemable Noncontrolling Interest.
(2)    The weighted-average common shares outstanding-diluted excludes approximately 2 million and 6 million stock options and contingently issuable restricted stock units, which were not dilutive and not included in the computation of earnings per share for the three months ended September 30, 2021 and 2020, respectively.
The weighted-average common shares outstanding-diluted excludes approximately 2 million and 6 million stock options and contingently issuable restricted stock units, which were not dilutive and not included in the computation of earnings per share for the nine months ended September 30, 2021 and 2020, respectively.