Adding up BigDecimals using Streams

I have a collection of BigDecimals (in this example, a LinkedList) that I would like to add together. Is it possible to use streams for this?

I noticed the Stream class has several methods

Stream::mapToInt
Stream::mapToDouble
Stream::mapToLong

Each of which has a convenient sum() method. But, as we know, float and double arithmetic is almost always a bad idea.

So, is there a convenient way to sum up BigDecimals?

This is the code I have so far.

public static void main(String[] args) {
    LinkedList<BigDecimal> values = new LinkedList<>();
    values.add(BigDecimal.valueOf(.1));
    values.add(BigDecimal.valueOf(1.1));
    values.add(BigDecimal.valueOf(2.1));
    values.add(BigDecimal.valueOf(.1));

    // Classical Java approach
    BigDecimal sum = BigDecimal.ZERO;
    for(BigDecimal value : values) {
        System.out.println(value);
        sum = sum.add(value);
    }
    System.out.println("Sum = " + sum);

    // Java 8 approach
    values.forEach((value) -> System.out.println(value));
    System.out.println("Sum = " + values.stream().mapToDouble(BigDecimal::doubleValue).sum());
    System.out.println(values.stream().mapToDouble(BigDecimal::doubleValue).summaryStatistics().toString());
}

As you can see, I am summing up the BigDecimals using BigDecimal::doubleValue(), but this is (as expected) not precise.

Post-answer edit for posterity:

Both answers were extremely helpful. I wanted to add a little: my real-life scenario does not involve a collection of raw BigDecimals, they are wrapped in an invoice. But, I was able to modify Aman Agnihotri’s answer to account for this by using the map() function for stream:

public static void main(String[] args) {

    LinkedList<Invoice> invoices = new LinkedList<>();
    invoices.add(new Invoice("C1", "I-001", BigDecimal.valueOf(.1), BigDecimal.valueOf(10)));
    invoices.add(new Invoice("C2", "I-002", BigDecimal.valueOf(.7), BigDecimal.valueOf(13)));
    invoices.add(new Invoice("C3", "I-003", BigDecimal.valueOf(2.3), BigDecimal.valueOf(8)));
    invoices.add(new Invoice("C4", "I-004", BigDecimal.valueOf(1.2), BigDecimal.valueOf(7)));

    // Classical Java approach
    BigDecimal sum = BigDecimal.ZERO;
    for(Invoice invoice : invoices) {
        BigDecimal total = invoice.unit_price.multiply(invoice.quantity);
        System.out.println(total);
        sum = sum.add(total);
    }
    System.out.println("Sum = " + sum);

    // Java 8 approach
    invoices.forEach((invoice) -> System.out.println(invoice.total()));
    System.out.println("Sum = " + invoices.stream().map((x) -> x.total()).reduce((x, y) -> x.add(y)).get());
}

static class Invoice {
    String company;
    String invoice_number;
    BigDecimal unit_price;
    BigDecimal quantity;

    public Invoice() {
        unit_price = BigDecimal.ZERO;
        quantity = BigDecimal.ZERO;
    }

    public Invoice(String company, String invoice_number, BigDecimal unit_price, BigDecimal quantity) {
        this.company = company;
        this.invoice_number = invoice_number;
        this.unit_price = unit_price;
        this.quantity = quantity;
    }

    public BigDecimal total() {
        return unit_price.multiply(quantity);
    }

    public void setUnit_price(BigDecimal unit_price) {
        this.unit_price = unit_price;
    }

    public void setQuantity(BigDecimal quantity) {
        this.quantity = quantity;
    }

    public void setInvoice_number(String invoice_number) {
        this.invoice_number = invoice_number;
    }

    public void setCompany(String company) {
        this.company = company;
    }

    public BigDecimal getUnit_price() {
        return unit_price;
    }

    public BigDecimal getQuantity() {
        return quantity;
    }

    public String getInvoice_number() {
        return invoice_number;
    }

    public String getCompany() {
        return company;
    }
}