TRADE ACCOUNTS RECEIVABLE AND TRADE RECEIVABLES SECURITIZATION PROGRAM (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Changes to the Allowance for Expected Credit Losses

Changes to the allowance for expected credit losses related to Trade accounts receivable were as follows:


	Six Months Ended June 30, 2026
Rollforward of the Allowance for Credit Losses (US$ in millions)	Short-term		Long-term (1)		Total
Allowance as of January 1, 2026	$	156	$	41	$	197
Current period provisions	50		2		52
Recoveries	(33)		(1)		(34)
Write-offs charged against the allowance	(16)		(9)		(25)
Foreign exchange translation differences	4		1		5
Allowance as of June 30, 2026	$	161	$	34	$	195

(1) Long-term portion of the allowance for credit losses is included in Other non-current assets.


	Six Months Ended June 30, 2025
Rollforward of the Allowance for Credit Losses (US$ in millions)	Short-term		Long-term (1)		Total
Allowance as of January 1, 2025	$	89	$	24	$	113
Current period provisions	19		—		19
Recoveries	(20)		—		(20)
Write-offs charged against the allowance	(13)		—		(13)
Foreign exchange translation differences	3		1		4
Allowance as of June 30, 2025	$	78	$	25	$	103

(1) Long-term portion of the allowance for credit losses is included in Other non-current assets.

Schedule of Cash Flows and Discounts of Trade Receivables Securitization Program


(US$ in millions)	June 30, 2026		December 31, 2025
Receivables sold which were derecognized from Bunge's balance sheet	$	1,650	$	1,174
Receivables pledged to the administrative agent and included in Trade accounts receivable	$	299	$	182

The table below summarizes the cash flows and discounts of Bunge’s trade receivables associated with the Program. Servicing fees under the Program were not significant in any period.


	Six Months Ended June 30,
(US$ in millions)	2026		2025
Gross receivables sold	$	8,652	$	6,166
Proceeds received in cash related to transfers of receivables	$	8,626	$	6,141
Cash collections from customers on receivables previously sold	$	8,176	$	6,214
Discounts related to gross receivables sold included in Selling, general, and administrative expenses	$	26	$	25