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Other Current Assets
6 Months Ended
Jun. 30, 2014
Other Assets [Abstract]  
Other Current Assets
Other Current Assets

The following table sets forth the items in other current assets:

 
June 30,
 
December 31,
 
2014
 
2013
 
(In millions)
 
 
 
 
Unrealized gains on derivative contracts
$
876

 
$
969

Deferred receivables consideration
216

 
757

Customer omnibus receivable
1,528

 
1,298

Financing receivables - net (1)
386

 
576

Other current assets
2,180

 
2,750

 
$
5,186

 
$
6,350



(1) The Company provides financing to certain suppliers, primarily Brazilian farmers, to finance a portion of the suppliers’ production costs. The amounts are reported net of allowances of $10 million and $15 million at June 30, 2014 and December 31, 2013, respectively. Changes in the allowance for the six months ended June 30, 2014 included an increase of $1 million for additional bad debt provisions and a reduction in the allowance for adjustments of $6 million. Interest earned on financing receivables of $4 million and $12 million for the quarter and six months ended June 30, 2014, respectively, and $5 million and $14 million for quarter and six months ended June 30, 2013, respectively, is included in interest income in the consolidated statements of earnings.