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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Operating Segment Information
Transfers between segments are valued at market. The segment revenues generated from these transfers are shown in the following table as “Inter-segment revenues.”
Three Months Ended September 30, 2025
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningOther Oilseeds Processing and RefiningGrain Merchandising and MillingEliminationsTotal Reportable SegmentsCorporate & OtherTotal
Bunge Consolidated
Net sales to external customers$10,857 $3,661 $1,207 $6,428 $ $22,153 $2 $22,155 
Inter–segment revenues189 413 83 542 (1,227)   
Raw materials cost(9,892)(3,142)(943)(6,060) (20,037)3 (20,034)
Industrial expenses- fixed(248)(127)(74)(120) (569)(7)(576)
Industrial expenses- variable(141)(61)(26)(28) (256) (256)
Depreciation(78)(42)(20)(77) (217)(9)(226)
Cost of goods sold(10,359)(3,372)(1,063)(6,285) (21,079)(13)(21,092)
Selling, general and administrative expenses(143)(58)(57)(145) (403)(275)(678)
Foreign exchange (losses) gains – net(42)11 (2)(15) (48)(7)(55)
EBIT - Noncontrolling interests (1)
(3)(1)(8)(1) (13)1 (12)
Other income (expense) - net21 (5) 37  53 24 77 
Income (loss) from affiliates6   2  8  8 
EBIT337 236 77 21  671 (268)403 
Depreciation, depletion and amortization(78)(44)(28)(83) (233)(8)(241)
Total assets18,833 7,092 3,712 14,052  43,689 2,609 46,298 
Capital expenditures195 37 168 59  459 10 469 
Three Months Ended September 30, 2024
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningOther Oilseeds Processing and RefiningGrain Merchandising and MillingEliminationsTotal Reportable SegmentsCorporate & OtherTotal
Bunge Consolidated
Net sales to external customers$7,857 $1,589 $1,064 $2,397 $— $12,907 $$12,908 
Inter–segment revenues160 242 99 334 (835) —  
Raw materials cost(7,177)(1,285)(760)(2,181)— (11,403)(11,399)
Industrial expenses- fixed(227)(76)(67)(65)— (435)(2)(437)
Industrial expenses- variable(112)(40)(26)(13)— (191)— (191)
Depreciation(46)(20)(22)(16)— (104)(5)(109)
Cost of goods sold(7,562)(1,421)(875)(2,275)— (12,133)(3)(12,136)
Selling, general and administrative expenses(111)(35)(63)(68)— (277)(160)(437)
Foreign exchange (losses) gains – net15 (7)— 12 14 
EBIT - Noncontrolling interests (1)
— (13)(1)— (10)(9)
Other income (expense) - net50 (4)(3)21 — 64 23 87 
Income (loss) from affiliates(31)— — (26)(20)
EBIT222 132 104 79 — 537 (130)407 
Depreciation, depletion and amortization(47)(21)(30)(16)— (114)(5)(119)
Total assets10,974 2,666 3,160 4,369 — 21,169 4,098 25,267 
Capital expenditures159 22 121 39 — 341 13 354 

Nine Months Ended September 30, 2025
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningOther Oilseeds Processing and RefiningGrain Merchandising and MillingEliminationsTotal Reportable SegmentsCorporate & OtherTotal
Bunge Consolidated
Net sales to external customers$25,268 $6,707 $3,442 $11,146 $ $46,563 $4 $46,567 
Inter–segment revenues475 1,069 251 1,163 (2,958)   
Raw materials cost(22,664)(5,772)(2,821)(10,436) (41,693)9 (41,684)
Industrial expenses- fixed(661)(268)(216)(249) (1,394)2 (1,392)
Industrial expenses- variable(373)(142)(78)(55) (648) (648)
Depreciation(179)(82)(59)(105) (425)(20)(445)
Cost of goods sold(23,877)(6,264)(3,174)(10,845) (44,160)(9)(44,169)
Selling, general and administrative expenses(365)(131)(176)(266) (938)(538)(1,476)
Foreign exchange (losses) gains – net9 43 (5)(41) 6 8 14 
EBIT - Noncontrolling interests (1)
(13)(2)(10)(6) (31)2 (29)
Other income (expense) - net27 (10)(5)263  275 71 346 
Income (loss) from affiliates19 (6) 3  16  16 
EBIT1,068 337 72 254  1,731 (462)1,269 
Depreciation, depletion and amortization(179)(84)(83)(112) (458)(19)(477)
Total assets18,833 7,092 3,712 14,052  43,689 2,609 46,298 
Capital expenditures539 63 453 108  1,163 22 1,185 
Nine Months Ended September 30, 2024
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningOther Oilseeds Processing and RefiningGrain Merchandising and MillingEliminationsTotal Reportable SegmentsCorporate & OtherTotal
Bunge Consolidated
Net sales to external customers$23,556 $5,143 $3,034 $7,831 $— $39,564 $$39,566 
Inter–segment revenues601 651 252 1,141 (2,645) —  
Raw materials cost(21,622)(4,085)(2,235)(7,147)— (35,089)13 (35,076)
Industrial expenses- fixed(646)(215)(198)(204)— (1,263)(4)(1,267)
Industrial expenses- variable(339)(130)(82)(41)— (592)— (592)
Depreciation(137)(57)(61)(48)— (303)(16)(319)
Cost of goods sold(22,744)(4,487)(2,576)(7,440)— (37,247)(7)(37,254)
Selling, general and administrative expenses(344)(104)(185)(203)— (836)(489)(1,325)
Foreign exchange (losses) gains – net(58)(15)(21)(10)— (104)(101)
EBIT - Noncontrolling interests (1)
12 — (30)— — (18)(15)
Other income (expense) - net97 (14)(13)64 — 134 78 212 
Income (loss) from affiliates(56)— (11)— (66)(58)
EBIT463 523 210 231 — 1,427 (402)1,025 
Depreciation, depletion and amortization(137)(58)(85)(49)— (329)(16)(345)
Total assets10,974 2,666 3,160 4,369 — 21,169 4,098 25,267 
Capital expenditures400 69 283 111 — 863 24 887 
(1)     Includes Net (income) attributable to noncontrolling interests and redeemable noncontrolling interests adjusted for noncontrolling interests' share of interest and taxes.
Schedule of Reconciliation of Net Income (Loss) Attributable to Bunge to Total Reportable Segment EBIT
A reconciliation of Net income (loss) attributable to Bunge to Total reportable segment EBIT follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(US$ in millions)2025202420252024
Net income (loss) attributable to Bunge$166 $221 $721 $535 
Interest income(57)(33)(162)(112)
Interest expense202 127 412 358 
Income tax expense (benefit)86 89 290 236 
(Income) loss from discontinued operations, net of tax3 — 3 — 
Noncontrolling interests' share of interest and tax3 5 
Less Corporate & Other EBIT(268)(130)(462)(402)
Total reportable segment EBIT$671 $537 $1,731 $1,427 
Schedule of Net Sales by Product Group to External Customers The following tables provide a disaggregation of Net sales to external customers between sales from commodity contracts (ASC 815) and sales from contracts with customers (ASC 606):
Three Months Ended September 30, 2025
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningOther Oilseeds Processing and RefiningGrain Merchandising and MillingCorporate and OtherTotal
Sales from commodity contracts (ASC 815)$9,157 $2,754 $53 $5,818 $ $17,782 
Sales from contracts with customers (ASC 606)1,700 907 1,154 610 2 4,373 
Net sales to external customers$10,857 $3,661 $1,207 $6,428 $2 $22,155 
Three Months Ended September 30, 2024
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningOther Oilseeds Processing and RefiningGrain Merchandising and MillingCorporate and OtherTotal
Sales from commodity contracts (ASC 815)$6,328 $848 $22 $1,838 $— $9,036 
Sales from contracts with customers (ASC 606)1,529 741 1,042 559 3,872 
Net sales to external customers$7,857 $1,589 $1,064 $2,397 $$12,908 
Nine Months Ended September 30, 2025
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningOther Oilseeds Processing and RefiningGrain Merchandising and MillingCorporate and OtherTotal
Sales from commodity contracts (ASC 815)$20,688 $4,154 $123 $9,545 $ $34,510 
Sales from contracts with customers (ASC 606)4,580 2,553 3,319 1,601 4 12,057 
Net sales to external customers$25,268 $6,707 $3,442 $11,146 $4 $46,567 
Nine Months Ended September 30, 2024
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningOther Oilseeds Processing and RefiningGrain Merchandising and MillingCorporate and OtherTotal
Sales from commodity contracts (ASC 815)$18,961 $2,827 $58 $6,170 $— $28,016 
Sales from contracts with customers (ASC 606)4,595 2,316 2,976 1,661 11,550 
Net sales to external customers$23,556 $5,143 $3,034 $7,831 $$39,566