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Other Current Assets (Tables)
12 Months Ended
Dec. 31, 2015
Other Assets [Abstract]  
Other Current Assets
 
December 31, 2015
 
December 31, 2014
 
(In millions)
Unrealized gains on derivative contracts
$
758

 
$
897

Deferred receivables consideration
513

 
511

Customer omnibus receivable
1,148

 
1,532

Financing receivables - net (1)
352

 
402

Insurance premiums receivable
584

 
403

Prepaid expenses
406

 
493

Non-trade receivables
838

 
1,202

Other current assets
687

 
616

 
$
5,286

 
$
6,056



(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 $8 million and $11 million at December 31, 2015 and 2014, respectively. Interest earned on financing receivables of $23 million, $23 million, and $26 million for the years ended December 31, 2015, 2014, and 2013, respectively, is included in interest income in the consolidated statements of earnings.