v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Operating Segment Information
Transfers between the segments are valued at market. The segment revenues generated from these transfers are shown in the following table as "Inter-segment revenues."
Three Months Ended June 30, 2026
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningTropical Oils and Specialty IngredientsGrain Merchandising and MillingEliminationsTotal Reportable SegmentsCorporate and OtherTotal
Bunge Consolidated
Net sales to external customers$12,071 $4,095 $1,259 $6,614 $ $24,039 $2 $24,041 
Inter–segment revenues241 359 94 800 (1,494) 
Raw materials cost(10,492)(3,531)(1,075)(6,060) 5 (21,153)
Industrial expenses- fixed(279)(147)(90)(160) (1)(677)
Industrial expenses- variable(159)(72)(30)(28)  (289)
Depreciation(87)(45)(26)(77) (6)(241)
Selling, general and administrative expenses(164)(63)(60)(129) (190)(606)
Other segment items (1)
(86)36 (2)13 24 (15)
EBIT804 273 (24)173  1,226 (166)1,060 
Depreciation, depletion and amortization(88)(44)(34)(84) (250)(6)(256)
Income (loss) from affiliates (2) 11 9  9 
Total assets19,744 7,595 4,164 12,953  44,456 2,326 46,782 
Capital expenditures217 41 122 57  437 6 443 
Three Months Ended June 30, 2025
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningTropical Oils and Specialty IngredientsGrain Merchandising and MillingEliminationsTotal Reportable SegmentsCorporate and OtherTotal
Bunge Consolidated
Net sales to external customers$7,750 $1,531 $1,152 $2,334 $— $12,767 $$12,769 
Inter–segment revenues133 295 81 329 (838)—  
Raw materials cost(6,804)(1,349)(979)(2,158)— (2)(11,292)
Industrial expenses- fixed(213)(77)(75)(67)— (430)
Industrial expenses- variable(123)(39)(25)(14)— — (201)
Depreciation(52)(21)(17)(12)— (6)(108)
Selling, general and administrative expenses(113)(38)(61)(62)— (144)(418)
Other segment items (1)
15 12 (5)166 — 30 218 
EBIT460 19 (10)187 — 656 (118)538 
Depreciation, depletion and amortization(52)(21)(25)(12)— (110)(6)(116)
Income (loss) from affiliates(1)— — 3 — 3 
Total assets13,347 2,488 3,417 4,102 — 23,354 7,800 31,154 
Capital expenditures193 14 161 33 — 401 406 
Six Months Ended June 30, 2026
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningTropical Oils and Specialty IngredientsGrain Merchandising and MillingEliminationsTotal Reportable SegmentsCorporate and OtherTotal
Bunge Consolidated
Net sales to external customers$21,623 $7,999 $2,487 $13,791 $ $45,900 $2 $45,902 
Inter–segment revenues423 792 192 1,326 (2,733) 
Raw materials cost(19,154)(7,046)(1,980)(12,967) 9 (41,138)
Industrial expenses- fixed(545)(280)(172)(296) 1 (1,292)
Industrial expenses- variable(301)(150)(57)(52)  (560)
Depreciation(171)(87)(52)(142) (13)(465)
Selling, general and administrative expenses(307)(124)(121)(256) (329)(1,137)
Other segment items (1)
(132)37 (19)19  29 (66)
EBIT1,013 349 86 97  1,545 (301)1,244 
Depreciation, depletion and amortization(172)(87)(68)(154) (481)(13)(494)
Income (loss) from affiliates5 (2) 11  14 (2)12 
Total assets19,744 7,595 4,164 12,953  44,456 2,326 46,782 
Capital expenditures370 65 236 99  770 9 779 

Six Months Ended June 30, 2025
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningTropical Oils and Specialty IngredientsGrain Merchandising and MillingEliminationsTotal Reportable SegmentsCorporate and OtherTotal
Bunge Consolidated
Net sales to external customers$14,411 $3,046 $2,235 $4,718 $— $24,410 $$24,412 
Inter–segment revenues286 656 168 621 (1,731)—  
Raw materials cost(12,772)(2,630)(1,878)(4,376)— (21,650)
Industrial expenses- fixed(413)(141)(142)(129)— (816)
Industrial expenses- variable(232)(81)(52)(27)— — (392)
Depreciation(101)(40)(39)(28)— (11)(219)
Selling, general and administrative expenses(222)(73)(119)(121)— (263)(798)
Other segment items (1)
60 20 (10)196 — 63 329 
EBIT731 101 (5)233 — 1,060 (194)866 
 
Depreciation, depletion and amortization(101)(40)(55)(29)— (225)(11)(236)
Income (loss) from affiliates13 (6)— — 8 — 8 
Total assets13,347 2,488 3,417 4,102 — 23,354 7,800 31,154 
Capital expenditures343 25 285 51 — 704 12 716 
(1)    Other segment items for each reportable segment includes Foreign exchange gains (losses) – net, Other income (expense) – net, Income (loss) from affiliates, and EBIT – Noncontrolling interests, which includes Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests adjusted for noncontrolling interests' share of interest and taxes.
Schedule of Reconciliation of Total Reportable Segment EBIT to Income (Loss) Before Income Tax
A reconciliation of Total reportable segment EBIT to Income (loss) before income tax follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(US$ in millions)2026202520262025
Total reportable segment EBIT$1,226 $656 $1,545 $1,060 
Corporate and Other EBIT(166)(118)(301)(194)
EBIT - Noncontrolling interests37 16 50 17 
Interest income43 46 88 105 
Interest expense(197)(106)(378)(210)
Income (loss) before income tax$943 $494 $1,004 $778 
Schedule of Net Sales by Product Group to External Customers The following tables provide a disaggregation of Net sales to external customers between sales from commodity contracts (ASC 815) and sales from contracts with customers (ASC 606):
Three Months Ended June 30, 2026
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningTropical Oils and Specialty IngredientsGrain Merchandising and MillingCorporate and OtherTotal
Sales from commodity contracts (ASC 815)$10,019 $2,900 $79 $6,113 $ $19,111 
Sales from contracts with customers (ASC 606)2,052 1,195 1,180 501 2 4,930 
Net sales to external customers$12,071 $4,095 $1,259 $6,614 $2 $24,041 
Three Months Ended June 30, 2025
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningTropical Oils and Specialty IngredientsGrain Merchandising and MillingCorporate and OtherTotal
Sales from commodity contracts (ASC 815)$6,172 $686 $60 $1,830 $— $8,748 
Sales from contracts with customers (ASC 606)1,578 845 1,092 504 4,021 
Net sales to external customers$7,750 $1,531 $1,152 $2,334 $$12,769 
Six Months Ended June 30, 2026
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningTropical Oils and Specialty IngredientsGrain Merchandising and MillingCorporate and OtherTotal
Sales from commodity contracts (ASC 815)$17,766 $5,727 $102 $12,717 $ $36,312 
Sales from contracts with customers (ASC 606)3,857 2,272 2,385 1,074 2 9,590 
Net sales to external customers$21,623 $7,999 $2,487 $13,791 $2 $45,902 
Six Months Ended June 30, 2025
(US$ in millions)Soybean Processing and RefiningSoftseed Processing and RefiningTropical Oils and Specialty IngredientsGrain Merchandising and MillingCorporate and OtherTotal
Sales from commodity contracts (ASC 815)$11,531 $1,400 $70 $3,727 $— $16,728 
Sales from contracts with customers (ASC 606)2,880 1,646 2,165 991 7,684 
Net sales to external customers$14,411 $3,046 $2,235 $4,718 $$24,412