v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 3,052 $ 1,104
Trade accounts receivable (less allowances of $89 and $90) (Note 4) 2,789 2,829
Inventories (Note 5) 8,952 8,408
Assets held for sale (Note 2) 0 36
Other current assets (Note 6) 4,247 4,381
Total current assets 19,040 16,758
Property, plant and equipment, net 3,731 3,617
Operating lease assets 953 1,024
Goodwill 478 470
Other intangible assets, net 356 360
Investments in affiliates 1,129 1,012
Deferred income taxes 724 712
Other non-current assets (Note 7) 699 627
Total assets 27,110 24,580
Current liabilities:    
Short-term debt (Note 13) 540 546
Current portion of long-term debt (Note 13) 868 846
Trade accounts payable (includes $1,006 and $643 carried at fair value) (Note 11) 5,476 4,386
Current operating lease obligations 408 425
Liabilities held for sale (Note 2) 0 18
Other current liabilities (Note 10) 3,116 3,379
Total current liabilities 10,408 9,600
Long-term debt (Note 13) 4,312 3,259
Deferred income taxes 375 365
Non-current operating lease obligations 490 547
Other non-current liabilities (Note 16) 802 849
Redeemable noncontrolling interest 4 4
Equity (Note 17):    
Common shares, par value $.01; authorized – 400,000,000 shares; issued and outstanding: 2023 – 150,585,513 shares, 2022 – 149,907,932 shares 1 1
Additional paid-in capital 6,688 6,692
Retained earnings 10,757 10,222
Accumulated other comprehensive income (loss) (Note 17) (6,171) (6,371)
Treasury shares, at cost; 2023 and 2022 - 18,835,812 shares (1,320) (1,320)
Total Bunge shareholders’ equity 9,955 9,224
Noncontrolling interests 764 732
Total equity 10,719 9,956
Total liabilities, redeemable noncontrolling interest and equity $ 27,110 $ 24,580