Other Current Assets (Tables)

6 Months Ended

Jun. 30, 2024

Other Assets [Abstract]

Other Current Assets

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

	June 30,		December 31,
	2024		2023
	(In millions)
Unrealized gains on derivative contracts	$	1,323	$	1,546
Margin deposits and grain accounts	601		560
Customer omnibus receivable	812		1,052
Financing receivables - net (1)	145		237
Insurance premiums receivable	79		61
Prepaid expenses	373		445
Biodiesel tax credit	150		119
Tax receivables	535		491
Non-trade receivables	280		304
Other current assets	100		167
	$	4,398	$	4,982

(1) The Company provides financing to certain suppliers, primarily Brazilian farmers, to finance a portion of the suppliers’ production costs. The amounts are reported net of allowances of $6 million at each of June 30, 2024 and December 31, 2023. Interest earned on financing receivables of $5 million and $10 million for the three and six months ended June 30, 2024, respectively, and $4 million and $10 million for the three and six months ended June 30, 2023, respectively, is included in interest and investment income in the consolidated statements of earnings.