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COMMITMENTS AND CONTINGENCIES (Tables)
 6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Liabilities Related to General Claims and Lawsuits Included in Other Non-Current Liabilities Included in Other non-current liabilities as of June 30, 2024, and December 31, 2023, are the following amounts related to these matters:
(US$ in millions)June 30,
2024		December 31,
2023
Non-income tax claims$22 $19 
Labor claims55 66 
Civil and other claims103 114 
Total$180 $199 
Schedule of Tax Examinations Against Brazilian Subsidiaries The Company continues to evaluate the merits of each of these claims and will recognize them if and when loss is considered probable. The outstanding claims comprise the following:
(US$ in millions)Years ExaminedJune 30, 2024December 31, 2023
ICMS1990 to Present$157 $212 
PIS/COFINS2002 to Present$416 $438 
Schedule of Recorded Liability and Maximum Potential Future Payments Related to Guarantees
Guarantees — Bunge has issued or was a party to the following guarantees at June 30, 2024:
(US$ in millions)Recorded LiabilityMaximum
Potential
Future
Payments
Unconsolidated affiliates guarantee (1)
$3 $107 
Residual value guarantee (2)
— 384 
Russia disposition indemnity (3)
9 235 
Other guarantees— 10 
Total$12 $736 
(1)    Bunge has issued guarantees to certain financial institutions related to debt of certain of its unconsolidated affiliates. The terms of the guarantees are equal to the terms of the related financings, which have maturity dates through 2034. There are no recourse provisions or collateral that would enable Bunge to recover any amounts paid under these guarantees. In addition, certain Bunge subsidiaries have guaranteed the obligations of certain of their unconsolidated affiliates and in connection therewith have secured their guarantee obligations through a pledge to the financial institutions of certain of their unconsolidated affiliates' shares plus loans receivable from the unconsolidated affiliates in the event that the guaranteed obligations are enforced. Based on amounts drawn under such guaranteed debt facilities at June 30, 2024, Bunge's potential liability was $73 million, and it has recorded $3 million of obligations related to these guarantees within Other current liabilities.
(2)    Bunge has issued guarantees to certain financial institutions that are party to certain operating lease arrangements for railcars, barges, and buildings. These guarantees provide for a minimum residual value to be received by the lessor at the conclusion of the lease term. These leases expire at various dates from 2024 through 2029. At June 30, 2024, no obligation has been recorded related to these guarantees. Any obligation recorded would be recognized in Current operating lease obligations or Non-current operating lease obligations.
(3)    On February 3, 2023, Bunge agreed to indemnify the buyer of its Russian operations against certain existing legal claims involving Bunge's Russian subsidiary. The indemnity expires on February 2, 2030. As of June 30, 2024, Bunge recorded a $9 million obligation related to this indemnity within Other non-current liabilities.