v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 15,049 $ 17,933 $ 30,377 $ 33,813
Cost of goods sold (13,684) (17,161) (27,831) (31,837)
Gross profit 1,365 772 2,546 1,976
Selling, general and administrative expenses (420) (334) (773) (642)
Interest income 40 11 83 20
Interest expense (129) (92) (241) (203)
Foreign exchange (losses) gains (66) (110) (17) (98)
Other income (expense) – net 12 (6) 27 (53)
Income (loss) from affiliates 25 20 44 65
Income (loss) before income tax 827 261 1,669 1,065
Income tax (expense) benefit (198) (36) (381) (144)
Net income (loss) 629 225 1,288 921
Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests (7) (19) (34) (27)
Net income (loss) attributable to Bunge $ 622 $ 206 $ 1,254 $ 894
Earnings per common share—basic (Note 18)        
Net income (loss) attributable to Bunge common shareholders—basic (in dollars per share) $ 4.13 $ 1.36 $ 8.34 $ 6.08
Earnings per common share—diluted (Note 18)        
Net income (loss) attributable to Bunge common shareholders—diluted (in dollars per share) $ 4.09 $ 1.34 $ 8.24 $ 5.81