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Other Current Assets | 6 Months Ended
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Jun. 30, 2023
Other Assets [Abstract] |
Other Current Assets | Other Current Assets The following table sets forth the items in other current assets:
| June 30, |  | December 31,
| 2023 |  | 2022
| (In millions)
Unrealized gains on derivative contracts | $ | 1,825 |  |  | $ | 1,704 |
Margin deposits and grain accounts | 460 |  |  | 723 |
Customer omnibus receivable | 1,068 |  |  | 1,309 |
Financing receivables - net (1) | 161 |  |  | 235 |
Insurance premiums receivable | 71 |  |  | 54 |
Prepaid expenses | 349 |  |  | 443 |
Biodiesel tax credit | 177 |  |  | 68 |
Tax receivables | 544 |  |  | 616 |
Non-trade receivables | 328 |  |  | 361 |
Other current assets | 98 |  |  | 153 |
| $ | 5,081 |  |  | $ | 5,666 |
(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 $3 million at June 30, 2023 and December 31, 2022. Interest earned on financing receivables of $4 million and $10 million for the three and six months ended June 30, 2023, respectively, and $4 million and $8 million for the three and six months ended June 30, 2022, respectively, is included in interest and investment income in the consolidated statements of earnings.

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