v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 386 $ 902
Trade accounts receivable (less allowances of $84 and $85) (Note 5) 2,564 2,112
Inventories (Note 6) 10,988 8,431
Assets held for sale (Note 3) 285 264
Other current assets (Note 7) 6,667 4,751
Total current assets 20,890 16,460
Property, plant and equipment, net 3,561 3,499
Operating lease assets 994 912
Goodwill 497 484
Other intangible assets, net 416 431
Investments in affiliates 898 764
Deferred income taxes 689 550
Other non-current assets (Note 8) 779 719
Total assets 28,724 23,819
Current liabilities:    
Short-term debt (Note 13) 1,937 673
Current portion of long-term debt (Note 13) 503 504
Trade accounts payable (includes $991 and $568 carried at fair value) 5,836 4,250
Current operating lease obligations 377 350
Liabilities held for sale (Note 3) 113 122
Other current liabilities (Note 10) 5,094 3,425
Total current liabilities 13,860 9,324
Long-term debt (Note 13) 4,040 4,787
Deferred income taxes 354 338
Non-current operating lease obligations 559 506
Other non-current liabilities (Note 16) 800 658
Redeemable noncontrolling interest (Note 17) 370 381
Equity    
Convertible perpetual preference shares, par value $.01; authorized – 21,000,000 shares, issued and outstanding: 2022 - zero shares, 2021 - 6,899,683 shares (liquidation preference $100 per share) 0 690
Common shares, par value $.01; authorized – 400,000,000 shares; issued and outstanding: 2022 –151,653,069 shares, 2021 – 141,057,414 shares 1 1
Additional paid-in capital 6,332 5,590
Retained earnings 9,581 8,979
Accumulated other comprehensive income (loss) (Note 18) (6,213) (6,471)
Treasury shares, at cost - 2022 - 16,726,697 shares, 2021 - 16,726,697 (1,120) (1,120)
Total Bunge shareholders’ equity 8,581 7,669
Noncontrolling interests 160 156
Total equity 8,741 7,825
Total liabilities, redeemable noncontrolling interest and equity $ 28,724 $ 23,819