TRADE ACCOUNTS RECEIVABLE AND TRADE RECEIVABLES SECURITIZATION PROGRAM (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Changes to the Allowance for Lifetime Expected Credit Losses Related to Trade Accounts Receivable

Changes to the allowance for expected credit losses related to Trade accounts receivable were as follows:


	Nine Months Ended September 30, 2025
Rollforward of the Allowance for Credit Losses (US$ in millions)	Short-term		Long-term (1)		Total
Allowance as of January 1, 2025	$	89	$	24	$	113
Current period provisions	44		7		51
Purchased credit deteriorated receivables	80		13		93
Recoveries	(42)		—		(42)
Write-offs charged against the allowance	(18)		(2)		(20)
Foreign exchange translation differences	3		1		4
Allowance as of September 30, 2025	$	156	$	43	$	199

(1) Long-term portion of the allowance for credit losses is included in Other non-current assets.


	Nine Months Ended September 30, 2024
Rollforward of the Allowance for Credit Losses (US$ in millions)	Short-term		Long-term (1)		Total
Allowance as of January 1, 2024	$	104	$	32	$	136
Current period provisions	38		1		39
Recoveries	(40)		(2)		(42)
Write-offs charged against the allowance	(8)		(1)		(9)
Foreign exchange translation differences	(3)		(3)		(6)
Allowance as of September 30, 2024	$	91	$	27	$	118

(1) Long-term portion of the allowance for credit losses is included in Other non-current assets.

Schedule of Assets that Continue to be Recognized, Transferred Financial Assets and Other Financial Assets Managed Together


(US$ in millions)	September 30, 2025		December 31, 2024
Receivables sold which were derecognized from Bunge's balance sheet	$	1,114	$	1,148
Receivables pledged to the administrative agent and included in Trade accounts receivable	$	257	$	123

The table below summarizes the cash flows and discounts of Bunge’s trade receivables associated with the Program. Servicing fees under the Program were not significant in any period.


	Nine Months Ended September 30,
(US$ in millions)	2025		2024
Gross receivables sold	$	9,604	$	8,809
Proceeds received in cash related to transfers of receivables	$	9,567	$	8,776
Cash collections from customers on receivables previously sold	$	9,638	$	8,868
Discounts related to gross receivables sold included in Selling, general & administrative expenses	$	37	$	33