v3.22.2.2
OTHER CURRENT LIABILITIES
 9 Months Ended
Sep. 30, 2022
Other Liabilities Disclosure [Abstract]  
OTHER CURRENT LIABILITIES OTHER CURRENT LIABILITIES
Other current liabilities consist of the following:
(US$ in millions)September 30,
2022		December 31,
2021
Unrealized losses on derivative contracts, at fair value$2,041 $1,713 
Accrued liabilities686 689 
Advances on sales (1)
339 437 
Income tax payable54 168 
Other443 418 
Total$3,563 $3,425 
(1)    The Company records advances on sales when cash payments are received in advance of the Company’s performance and recognizes revenue once the related performance obligation is completed. Advances on sales are impacted by the seasonality of Bunge's business, including the timing of harvests in the northern and southern hemispheres, and amounts at each balance sheet date will generally be recognized in earnings within twelve months or less.