Bunge Global SA
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
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Schedule II—Valuation and Qualifying Accounts E-
BUNGE GLOBAL SA
Schedule II—Valuation and Qualifying Accounts
(US$ in millions)
| Description | Balance atbeginning ofperiod | Charged tocosts andexpenses | Charged tootheraccounts(b) | Deductionsfrom reserves | Balance atend of period |
|---|---|---|---|---|---|
| Allowances for doubtful accounts(a) | $144 | 35 | (5) | (42)(c) | $132 |
| Allowances for secured advances to suppliers | $45 | 6 | (3) | (9) | $39 |
| Allowances for recoverable taxes | $58 | 4 | (3) | (15) | $44 |
| Income tax valuation allowances | $316 | 95 | (49) | (65) | $297 |
| Allowances for doubtful accounts(a) | $132 | 66 | 5 | (67)(c) | $136 |
| Allowances for secured advances to suppliers | $39 | 13 | 3 | (12) | $43 |
| Allowances for recoverable taxes | $44 | 3 | 1 | (12) | $36 |
| Income tax valuation allowances | $297 | 17 | (7) | (38) | $269 |
| Allowances for doubtful accounts(a) | $136 | 71 | 3 | (74)(c) | $136 |
| Allowances for secured advances to suppliers | $43 | 9 | 3 | (16) | $39 |
| Allowances for recoverable taxes | $36 | 14 | 2 | (17) | $35 |
| Income tax valuation allowances | $269 | 391 | 2 | (72) | $590 |
(a)Includes allowance for doubtful accounts for current and non-current trade accounts receivables.
(b)Consists primarily of foreign currency translation adjustments.
(c)Includes write-offs of uncollectible accounts and recoveries.
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