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Other Current Assets
9 Months Ended
Sep. 30, 2024
Other Assets [Abstract]  
Other Current Assets Other Current Assets
The following table sets forth the items in other current assets (in millions).
September 30,December 31,
20242023
Unrealized gains on derivative contracts$1,159 $1,546 
Margin deposits and grain accounts563 560 
Customer omnibus receivable894 1,052 
Financing receivables - net (1)
214 237 
Insurance premiums receivable95 61 
Prepaid expenses341 445 
Biodiesel tax credit219 119 
Tax receivables424 491 
Non-trade receivables282 304 
Other current assets58 167 
 $4,249 $4,982 
(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 $5 million and $6 million at September 30, 2024 and December 31, 2023, respectively. Interest earned on financing receivables was $3 million and $13 million for the three and nine months ended September 30, 2024, respectively, and $4 million and $14 million for the three and nine months ended September 30, 2023, respectively, and is included in interest and investment income in the Consolidated Statements of Earnings.