Other Current Assets

The following table sets forth the items in other current assets:



	December 31, 2016		December 31, 2015
	(In millions)
Unrealized gains on derivative contracts	$	624	$	758
Deferred receivables consideration	540		513
Customer omnibus receivable	521		1,148
Financing receivables - net ⁽¹⁾	373		352
Insurance premiums receivable	648		584
Prepaid expenses	268		406
Tax receivables	480		550
Non-trade receivables ⁽²⁾	478		288
Other current assets	451		687
	$	4,383	$	5,286

⁽¹⁾ The Company provides financing to suppliers, primarily Brazilian farmers, to finance a portion of the suppliers’ production costs. The amounts are reported net of allowances of $7 million and $8 million at December 31, 2016 and 2015, respectively. Interest earned on financing receivables of $22 million, $23 million, and $23 million for the years ended December 31, 2016, 2015, and 2014, respectively, is included in interest income in the consolidated statements of earnings.

⁽²⁾Non-trade receivables include $223 million and $272 million of reinsurance recoverables as of December 31, 2016 and 2015, respectively.