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Other Current Assets | 6 Months Ended
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Jun. 30, 2019
Other Assets [Abstract] |
Other Current Assets | Other Current Assets The following table sets forth the items in other current assets:
| June 30, |  | December 31,
| 2019 |  | 2018
| (In millions)
Unrealized gains on derivative contracts | $ | 624 |  |  | $ | 636 |
Deferred receivables consideration | 447 |  |  | 379 |
Customer omnibus receivable | 593 |  |  | 450 |
Financing receivables - net (1) | 514 |  |  | 424 |
Insurance premiums receivable | 68 |  |  | 35 |
Prepaid expenses | 286 |  |  | 184 |
Tax receivables | 462 |  |  | 379 |
Non-trade receivables (2) | 344 |  |  | 323 |
Other current assets | 249 |  |  | 223 |
| $ | 3,587 |  |  | $ | 3,033 |
(1) The Company provides financing to certain suppliers, primarily Brazilian farmers, to finance a portion of the suppliers’ production costs. The amounts are reported net of allowances of $4 million and $3 million at June 30, 2019 and December 31, 2018, respectively. Interest earned on financing receivables of $6 million and $14 million for the three and six months ended June 30, 2019, respectively, and $5 million and $12 million for the three and six months ended June 30, 2018, respectively, is included in interest income in the consolidated statements of earnings. (2) Non-trade receivables included $82 million and $84 million of reinsurance recoverables as of June 30, 2019 and December 31, 2018, respectively.

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