Other Current Assets

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



	March 31,		December 31,
	2016		2015
	(In millions)

Unrealized gains on derivative contracts	$	871	$	758
Deferred receivables consideration	292		513
Customer omnibus receivable	574		1,148
Financing receivables - net ⁽¹⁾	303		352
Insurance premiums receivable	573		584
Prepaid expenses	457		406
Non-trade receivables ⁽²⁾	915		838
Other current assets	604		687
	$	4,589	$	5,286

⁽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 $8 million at March 31, 2016 and December 31, 2015. Interest earned on financing receivables of $8 million for the three months ended March 31, 2016, and $7 million for the three months ended March 31, 2015, is included in interest income in the consolidated statements of earnings.

⁽²⁾Non-trade receivables include $321 million and $272 million of reinsurance recoverables as of March 31, 2016 and December 31, 2015, respectively.