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DEBT (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Short and Long-Term Debt
The following table summarizes Bunge's short and long-term debt:
(US$ in millions)June 30,
2024		December 31,
2023
Short-term debt and Current portion of long-term debt:
 
Revolving credit facilities$— $— 
Commercial paper (1)
— — 
Other short-term debt 949 797 
Total Short-term debt 949 797
Current portion of long-term debt5 5 
Total Short-term debt and Current portion of long-term debt (2)
954 802 
Long-term debt: (3)
  
Term loan due 2025 - SOFR plus 0.90%
750 750 
Term loan due 2027 - SOFR plus 1.125%
250 250 
Term loan due 2028 - SOFR plus 1.325%
249 249 
1.63% Senior Notes due 2025
599 598 
3.25% Senior Notes due 2026
699 698 
3.75% Senior Notes due 2027
598 597 
2.75% Senior Notes due 2031
992 991 
Cumulative adjustment to long-term debt from application of hedge accounting(281)(260)
Other long-term debt235 212 
 Subtotal (4)
4,091 4,085 
Less: Current portion of long-term debt(5)(5)
Total Long-term debt (5)
4,086 4,080 
Total debt$5,040 $4,882 
(1)    On April 12, 2024, Bunge increased the aggregate size of its existing commercial paper program by $1 billion to an aggregate of $2 billion.
(2)    Includes secured debt of $227 million and $200 million at June 30, 2024, and December 31, 2023, respectively.
(3)    Variable interest rates are as of June 30, 2024.
(4)    The fair value (Level 2) of long-term debt, including current portion, is $4,137 million and $4,125 million at June 30, 2024, and December 31, 2023, respectively. The fair value of Bunge's long-term debt is calculated based on interest rates currently available on comparable maturities to companies with credit standing similar to that of Bunge.
(5)    Includes secured debt of $119 million and $100 million at June 30, 2024, and December 31, 2023, respectively.