v3.22.2.2
OTHER NON-CURRENT ASSETS (Tables)
 9 Months Ended
Sep. 30, 2022
Other Assets, Noncurrent [Abstract]  
Schedule of Other Non-Current Assets
Other non-current assets consist of the following:
(US$ in millions)September 30,
2022		December 31,
2021
Recoverable taxes, net (1)
$50 $66 
Judicial deposits (1)
109 89 
Other long-term receivables, net6 11 
Income taxes receivable
143 139 
Long-term investments (2)
218 196 
Affiliate loans receivable10 16 
Long-term receivables from farmers in Brazil, net (1)
30 33 
Unrealized gains on derivative contracts, at fair value5 49 
Other113 120 
Total$684 $719 
(1)    A significant portion of these non-current assets arise from the Company’s Brazilian operations and their realization could take several years.
(2)    As of September 30, 2022, and December 31, 2021, $9 million and $12 million, respectively, of long-term investments are recorded at fair value.
Schedule of Gross Investment in Long-Term Receivables and the Related Allowance Amounts from Brazilian Farmers The table below summarizes the Company’s recorded investment in long-term receivables from farmers in Brazil and the related allowance amounts.
 September 30, 2022December 31, 2021
(US$ in millions)Recorded
Investment		AllowanceRecorded
Investment		Allowance
For which an allowance has been provided:    
Legal collection process (1)
$38 $32 $42 $35 
Renegotiated amounts2 2 3 1 
For which no allowance has been provided:    
Legal collection process (1)
20 — 20 — 
Renegotiated amounts (2)
4 — 2 — 
Other long-term receivables (3)
— — 2 — 
Total$64 $34 $69 $36 
(1)    All amounts in legal collection processes are considered past due upon initiation of legal action.
(2)    These renegotiated amounts are current on repayment terms.
(3)    New advances expected to be realized through farmer commitments to deliver agricultural commodities in crop periods greater than twelve months from the balance sheet date. Such advances are reclassified from Other non-current assets to Other current assets in later periods depending on the expected date of their realization.
Schedule of the Activity in the Allowance for Doubtful Accounts Related to Long-Term Receivables from Brazilian Farmers
The table below summarizes the activity in the allowance for doubtful accounts related to long-term receivables from farmers in Brazil.
Nine Months Ended
September 30,
(US$ in millions)20222021
Allowance as of January 1$36 $63 
Bad debt provisions2 2 
Recoveries(6)(4)
Write-offs(1)(4)
Transfers1 (1)
Foreign exchange translation2 (2)
Allowance as of September 30$34 $54