v3.26.1
COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Liabilities Related to General Claims and Lawsuits Included in Other Non-Current Liabilities Included in Other non-current liabilities as of June 30, 2026, and December 31, 2025, are the following amounts related to these matters:
(US$ in millions)June 30,
2026
December 31,
2025
Non-income tax claims$88 $86 
Labor claims41 35 
Civil and other claims291 276 
Asset retirement obligations
110 110 
Total$530 $507 
Schedule of Tax Examinations Against Brazilian Subsidiaries The Company continues to evaluate the merits of each of these claims and will recognize them if and when loss is considered probable. The outstanding claims comprise the following:
(US$ in millions)Years ExaminedJune 30, 2026December 31, 2025
ICMS1990 to Present$163 $155 
PIS/COFINS2002 to Present$598 $490 
Schedule of Recorded Liability and Maximum Potential Future Payments Related to Guarantees Bunge has issued or was a party to the following guarantees at June 30, 2026:
(US$ in millions)Recorded LiabilityMaximum
Potential
Future
Payments
Unconsolidated affiliates guarantee (1)
$15 $206 
Residual value guarantee (2)
 318 
Total$15 $524 
(1)    Bunge has issued guarantees to certain financial institutions related to debt of certain of its unconsolidated affiliates. The terms of the guarantees are equal to the terms of the related financings, which have maturity dates through 2041. There are no recourse provisions or collateral that would enable Bunge to recover any amounts paid under these guarantees. In addition, certain Bunge subsidiaries have guaranteed the obligations of certain of their unconsolidated affiliates and in connection therewith have secured their guarantee obligations through a pledge to the financial institutions of certain of their unconsolidated affiliates' shares plus loans receivable from the unconsolidated affiliates in the event that the guaranteed obligations are enforced. Based on the amounts drawn under guaranteed debt facilities at June 30, 2026, Bunge's potential liability was $180 million, and it has recorded $15 million of obligations related to these guarantees within Other current liabilities and Other non-current liabilities.
(2)    Bunge has issued guarantees to certain financial institutions that are party to certain operating lease arrangements for railcars, barges, and buildings. These guarantees provide for a minimum residual value to be received by the lessor at the conclusion of the lease term, if certain terms are elected by Bunge. These leases expire at various dates from 2027 through 2031. At June 30, 2026, no obligation has been recorded related to these guarantees. Any obligation recorded would be recognized in Current operating lease obligations or Non-current operating lease obligations.