XML 107 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9
Other Current Assets
12 Months Ended
Dec. 31, 2014
Other Assets [Abstract]  
Other Current Assets
Other Current Assets

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

 
December 31, 2014
 
December 31, 2013
 
(In millions)
Unrealized gains on derivative contracts
$
897

 
$
969

Deferred receivables consideration
511

 
757

Customer omnibus receivable
1,532

 
1,298

Financing receivables - net (1)
402

 
576

Other current assets
2,714

 
2,750

 
$
6,056

 
$
6,350



(1) The Company provides financing to suppliers, primarily Brazilian farmers, to finance a portion of the suppliers’ production costs. The amounts are reported net of allowances of $11 million and $15 million at December 31, 2014 and 2013, respectively. Changes in the allowance for 2014 included an increase of $4 million for additional bad debt provisions and a reduction in the allowance for adjustments of $8 million, respectively. Interest earned on financing receivables of $23 million, $26 million, $15 million, $12 million, and $26 million for the years ended December 31, 2014 and 2013, the six months ended December 31, 2012 and 2011 and the year ended June 30, 2012, respectively, is included in interest income in the consolidated statements of earnings.