Other Current Assets

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



	June 30,		December 31,
	2016		2015
	(In millions)

Unrealized gains on derivative contracts	$	1,270	$	758
Deferred receivables consideration	403		513
Customer omnibus receivable	582		1,148
Financing receivables - net ⁽¹⁾	329		352
Insurance premiums receivable	275		584
Prepaid expenses	211		406
Tax receivables	658		550
Non-trade receivables ⁽²⁾	427		288
Other current assets	185		687
	$	4,340	$	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 $7 million and $8 million at June 30, 2016 and December 31, 2015, respectively. Interest earned on financing receivables of $4 million and $12 million for the three and six months ended June 30, 2016, respectively, and $5 million and $12 million for the three and six months ended June 30, 2015, respectively, is included in interest income in the consolidated statements of earnings.

⁽²⁾Non-trade receivables include $143 million and $272 million of reinsurance recoverables as of June 30, 2016 and December 31, 2015, respectively.