v3.23.1

EARNINGS PER COMMON SHARE (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Schedule of 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 March 31, |  |
(US$ in millions, except for share data) | 2023 | 2022 |  |  |
Net income (loss) attributable to Bunge common shareholders | $ | 632 |  | $ | 688 |  |  |  |
Weighted-average number of common shares outstanding: |  |  |  |
Basic | 150,079,448 |  | 142,516,888 |  |  |  |
Effect of dilutive shares: |  |  |  |  |
—stock options and awards (2) | 2,184,544 |  | 3,127,275 |  |  |  |
—convertible preference shares (1) | — |  | 7,976,765 |  |  |  |
Diluted | 152,263,992 |  | 153,620,928 |  |  |  |
Earnings per common share: |  |  |  |  |
Net income (loss) attributable to Bunge common shareholders—basic | $ | 4.21 |  | $ | 4.83 |  |  |  |
Net income (loss) attributable to Bunge common shareholders—diluted | $ | 4.15 |  | $ | 4.48 |  |  |  |
(1) Effective March 23, 2022, (the "Conversion Date"), in accordance with the terms of the certificate of designation governing the convertible preference shares, all of the Company's issued and outstanding convertible preference shares were automatically converted into 1.2846 common shares of the Company, par value $0.01 per share. As a result of this conversion, dividends on the convertible preference shares ceased to accrue on the Conversion Date. (2) The weighted-average common shares outstanding-diluted exclude less than one million stock options and contingently issuable restricted stock units, which were not dilutive and not included in the computation of earnings per share for each of the three months ended March 31, 2023, and 2022.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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