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Other Current Assets | 12 Months Ended
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Dec. 31, 2023
Other Assets [Abstract] |
Other Current Assets | Other Current Assets The following table sets forth the items in other current assets:
| December 31, 2023 |  | December 31, 2022
| (In millions)
Unrealized gains on derivative contracts | $ | 1,546 |  |  | $ | 1,704 |
Margin deposits and grain accounts | 560 |  |  | 723 |
Customer omnibus receivable | 1,052 |  |  | 1,309 |
Financing receivables - net (1) | 237 |  |  | 235 |
Insurance premiums receivable | 61 |  |  | 54 |
Prepaid expenses | 445 |  |  | 443 |
Biodiesel tax credit | 119 |  |  | 68 |
Tax receivables | 491 |  |  | 616 |
Non-trade receivables | 304 |  |  | 361 |
Other current assets | 167 |  |  | 153 |
| $ | 4,982 |  |  | $ | 5,666 |
(1) The Company provides financing to suppliers, primarily Brazilian farmers, to finance a portion of the suppliers’ production costs. The amounts are reported net of allowances of $6 million and $3 million at December 31, 2023 and 2022, respectively. Interest earned on financing receivables of $21 million, $15 million, and $11 million for the years ended December 31, 2023, 2022, and 2021, respectively, is included in interest and investment income in the consolidated statements of earnings.

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