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TABLE1
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE1 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| Mondel?z International, Inc. | ||
| (Exact name of registrant as specified in its charter) | ||
| Virginia | 52-2284372 | |
| (State or other jurisdiction of | (I.R.S. Employer | |
| incorporation or organization) | Identification No.) | |
| Three Parkway North, Deerfield, Illinois | 60015 | |
| (Address of principal executive offices) | (Zip Code) |
TABLE2
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE2 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Securities registered pursuant to Section 12(b) of the Act: | |||
| Title | of each class | Name of each exchange on which registered | |
| Class A Common Stock, no par value | The NASDAQ Global Select Market | ||
| Floating Rate Notes due 2015 | New York Stock Exchange LLC | ||
| 1.13% | Notes due 2017 | New York Stock Exchange LLC | |
| 2.38% | Notes due 2021 | New York Stock Exchange LLC |
TABLE3
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE3 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Item | Market for Registrant's Common Equity, Related Stockholder | ||
| 5.00 | Matters | ||
| and Issuer Purchases of Equity Securities | 18 | ||
| Item | Selected Financial Data | ||
| 6.00 | 20 | ||
| Item | Management's Discussion and Analysis of Financial Condition | ||
| 7.00 | and Results of Operations: | 21 | |
| Summary of Results and Significant Highlights | 22 | ||
| Financial Outlook | 23 | ||
| Discussion and Analysis of Historical Results | 25 | ||
| Critical Accounting Policies | 44 | ||
| Commodity Trends | 50 | ||
| Liquidity and Capital Resources | 51 | ||
| Equity and Dividends | 54 | ||
| Off-Balance Sheet Arrangements and Aggregate Contractual | |||
| Obligations | 55 | ||
| Non-GAAP Financial Measures | 56 | ||
| Item | Quantitative and Qualitative Disclosures about Market Risk | ||
| 7A. | 60 | ||
| Item | Financial Statements and Supplementary Data: | ||
| 8.00 | 61 | ||
| Report of Independent Registered Public Accounting Firm | 61 | ||
| Consolidated Statements of Earnings | |||
| for the Years Ended December 31, 2013, 2012 and 2011 | 62 | ||
| Consolidated Statements of Comprehensive Earnings | |||
| for the Years Ended December 31, 2013, 2012 and 2011 | 63 | ||
| Consolidated Balance Sheets as of December 31, 2013 and 2012 | 64 | ||
| Consolidated Statements of Equity | |||
| for the Years Ended December 31, 2013, 2012 and 2011 | 65 | ||
| Consolidated Statements of Cash Flows | |||
| for the Years Ended December 31, 2013, 2012 and 2011 | 66 | ||
| Notes to Consolidated Financial Statements | 67 | ||
| Item | Changes in and Disagreements with Accountants on Accounting | ||
| 9.00 | and Financial Disclosure | 112 | |
| Item | Controls and Procedures | ||
| 9A. | 112 | ||
| Item | Other Information | ||
| 9B. | 113 | ||
| Part | |||
| III - | |||
| Item | Directors, Executive Officers and Corporate Governance | ||
| 10.00 | 114 | ||
| Item | Executive Compensation | ||
| 11.00 | 114 | ||
| Item | Security Ownership of Certain Beneficial Owners and Management | ||
| 12.00 | and Related Stockholder Matters | 114 | |
| Item | Certain Relationships and Related Transactions, and Director | ||
| 13.00 | Independence | 114 | |
| Item | Principal Accountant Fees and Services | ||
| 14.00 | 114 | ||
| Part | |||
| IV - | |||
| Item | Exhibits and Financial Statement Schedules | ||
| 15.00 | 115 | ||
| Signatures | 119 | ||
| Report of Independent Registered Public Accounting Firm on | |||
| Financial Statement Schedule | S-1 | ||
| Valuation and Qualifying Accounts | S-2 |
TABLE4
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE4 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| Latin America | 14.10% | 17.20% | 17.90% | |
| Asia Pacific | 12.60% | 14.70% | 16.10% | |
| EEMEA | 9.40% | 11.30% | 10.20% | |
| Europe | 42.00% | 39.40% | 37.30% | |
| North America | 21.90% | 17.40% | 18.50% | |
| Total Segment Operating Income | 100.00% | 100.00% | 100.00% |
TABLE5
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE5 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Percentage of 2013 Net Revenues by Consumer Sector | |||||||
| Gum & | Cheese & | ||||||
| Segment | Biscuits | Chocolate | Candy | Beverages | Grocery | Total | |
| Latin America | 3.60% | 3.20% | 3.90% | 2.60% | 1.90% | 15.20% | |
| Asia Pacific | 3.70% | 4.60% | 2.40% | 1.30% | 2.00% | 14.00% | |
| EEMEA | 1.90% | 3.30% | 1.90% | 3.20% | 0.80% | 11.10% | |
| Europe | 8.50% | 15.30% | 2.70% | 9.50% | 3.90% | 39.90% | |
| North America | 15.30% | 0.90% | 3.40% | - 0 | 0.20% | 19.80% | |
| Consumer Sector | |||||||
| Percentage Total | 33.00% | 27.30% | 14.30% | 16.60% | 8.80% | 100.00% |
TABLE6
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE6 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| Biscuits (cookies and crackers) | 28% | 27% | 26% | |
| Chocolate | 27% | 27% | 27% | |
| Gum & Candy | 14% | 15% | 16% | |
| Coffee | 11% | 11% | 12% |
NAME_AND_TITLE
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| NAME_AND_TITLE | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Executive Officers of the Registrant | |||
| The following are our executive officers as of March 3, 2014: | |||
| Name | Age | Title | |
| Irene B. Rosenfeld | 60 | Chairman and Chief Executive Officer | |
| David A. Brearton | 53 | Executive Vice President and Chief Financial Officer | |
| Gustavo H. Abelenda | Executive Vice President and President, Latin | ||
| 53 | America | ||
| Tracey Belcourt | 47 | Executive Vice President, Strategy | |
| Mark A. Clouse | Executive Vice President and President, North | ||
| 45 | America | ||
| Timothy P. Cofer | Executive Vice President and President, Asia Pacific | ||
| 45 | and EEMEA | ||
| James Kehoe | 51 | Senior Vice President, Operating Excellence | |
| Karen J. May | 55 | Executive Vice President, Human Resources | |
| Daniel P. Myers | 58 | Executive Vice President, Integrated Supply Chain | |
| Gerhard W. Pleuhs | 57 | Executive Vice President and General Counsel | |
| Jean E. Spence | Executive Vice President, Research, Development and | ||
| 56 | Quality | ||
| Hubert Weber | 51 | Executive Vice President and President, Europe | |
| Mary Beth West | Executive Vice President and Chief Category and | ||
| 51 | Marketing Officer |
TABLE7
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE7 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Number of | Number of | ||
| Manufacturing | Distribution | ||
| Facilities | Facilities | ||
| Latin America | 21 | 4 | |
| Asia Pacific | 32 | 70 | |
| EEMEA | 27 | 13 | |
| Europe | 74 | 38 | |
| North America | 17 | 95 | |
| Total | 171 | 220 |
TABLE8
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE8 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Mondel?z | Performance | |||
| Date | International | S&P 500 | Peer Group | |
| December 31, 2008 | $ 100.00 | $ 100.00 | $ 100.00 | |
| December 31, 2009 | 105.99 | 126.46 | 119.39 | |
| December 31, 2010 | 127.64 | 145.51 | 134.21 | |
| December 31, 2011 | 156.49 | 148.59 | 144.39 | |
| December 31, 2012 | 168.26 | 172.37 | 158.77 | |
| December 31, 2013 | 237.39 | 228.19 | 189.30 |
TABLE9
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE9 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Issuer Purchases of Equity Securities | |||||
| The following table shows the stock repurchase activity for each of the three | |||||
| months in the quarter ended December 31, 2013: | |||||
| Total Number | |||||
| Total | of Shares | Approximate Dollar Value | |||
| Number | Average | Purchased as | of Shares That May Yet | ||
| of Shares | Price Paid | Part of Publicly | Be Purchased Under | ||
| Purchased (1) | per Share | Announced Program (2) | the Program (2) | ||
| October 1 - 31, 2013 | 5,849,421 | $ 31.88 | 5,821,500 | $ 4,961,235,545 | |
| November 1 - 30, 2013 | 4,820,743 | 33.46 | 4,820,173 | 4,799,968,392 | |
| December 1 - 31, 2013 | 44,753,926 | 34.40 | 44,750,000 | 4,960,568,392 | |
| For the Quarter Ended | |||||
| December 31, 2013 | 55,424,090 | 34.05 | 55,391,673 |
TABLE10
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE10 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| Mondel?z International, Inc. | ||||||
| Selected Financial Data - Five Year Review(1) | ||||||
| 2013 | 2012 | 2011 | 2010 | 2009 | ||
| (in millions, except per share and employee data) | ||||||
| Continuing Operations(2) | ||||||
| Net revenues | $ 35,299 | $ 35,015 | $ 35,810 | $ 31,489 | $ 21,559 | |
| Earnings from continuing operations, net of taxes | 2,332 | 1,606 | 1,764 | 677 | 838 | |
| Net earnings attributable to Mondel?z International: | ||||||
| Per share, basic | 1.30 | 0.90 | 0.99 | 0.38 | 0.57 | |
| Per share, diluted | 1.29 | 0.88 | 0.99 | 0.38 | 0.56 | |
| Cash Flow and Financial Position(3) | ||||||
| Net cash provided by operating activities | 6,410 | 3,923 | 4,520 | 3,748 | 5,084 | |
| Capital expenditures | 1,622 | 1,610 | 1,771 | 1,661 | 1,330 | |
| Property, plant and equipment, net | 10,247 | 10,010 | 13,813 | 13,792 | 10,693 | |
| Total assets | 72,557 | 75,477 | 93,785 | 95,228 | 66,718 | |
| Long-term debt | 14,482 | 15,574 | 23,095 | 26,859 | 18,024 | |
| Total Mondel?z International shareholders' equity | 32,373 | 32,276 | 35,271 | 35,859 | 25,896 | |
| Shares outstanding at year end | 1,705 | 1,778 | 1,768 | 1,748 | 1,478 | |
| Per Share and Other Data(4) | ||||||
| Book value per shares outstanding | 18.99 | 18.15 | 19.95 | 20.51 | 17.52 | |
| Dividends declared per share(5) | 0.54 | 1.00 | 1.16 | 1.16 | 1.16 | |
| Common Stock closing price at year end(6) | 35.30 | 25.45 | 37.36 | 31.51 | 27.18 | |
| Number of employees | 107,000 | 110,000 | 126,000 | 127,000 | 97,000 |
TABLE11
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE11 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Fourth Quarter Ended | Nine Months Ended | Year Ended | ||
| December 31, 2013 | October 1, 2012 | December 31, 2011 | ||
| (in millions) | ||||
| Net revenues | - 0 | $ 13,768 | $ 18,555 | |
| Earnings before income taxes | $ 2,522 | $ 2,266 | $ 2,892 | |
| Provision for income taxes | 919 | 778 | 1,082 | |
| Earnings from discontinued | ||||
| operations, net of income taxes | $ 1,603 | $ 1,488 | $ 1,810 |
TABLE12
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE12 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Nine Months Ended | Year Ended | |||
| October 1, 2012 | December 31, 2011 | |||
| (in millions) | ||||
| $ 6.00 | billion note issuance in June 2012 | $ 70 | $ - 0 | |
| $ 3.60 | billion notes exchanged in July 2012 | 171 | 226 | |
| $ 0.40 | billion debt transferred in October 2012 | 24 | 31 | |
| Capital leases and other | 13 | 10 | ||
| $ 278 | $ 267 |
TABLE13
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE13 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| Assets | ||
| Cash | $ 247 | |
| Receivables | 1,685 | |
| Inventories, net | 2,099 | |
| Deferred income taxes | 338 | |
| Other current assets | 168 | |
| Property, plant and equipment, net | 4,211 | |
| Goodwill | 11,911 | |
| Intangible assets, net | 2,632 | |
| Prepaid pension assets | 16 | |
| Other assets | 856 | |
| $ 24,163 | ||
| Liabilities | ||
| Current portion of long-term debt | $6 | |
| Accounts payable | 1,798 | |
| Accrued marketing | 463 | |
| Accrued employment costs | 190 | |
| Other current liabilities | 751 | |
| Long-term debt | 9,965 | |
| Deferred income taxes | 874 | |
| Accrued pension costs | 2,026 | |
| Accrued postretirement health care costs | 3,316 | |
| Other liabilities | 416 | |
| $ 19,805 | ||
| Net assets divested in the Spin-Off | $ 4,358 |
TABLE14
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE14 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2013 | 2012 | $ | change | % change | ||
| (in millions, except per share data) | ||||||
| Net revenues | $ 35,299 | $ 35,015 | $ 284 | 0.80% | ||
| Operating income | 3,971 | 3,637 | 334 | 9.20% | ||
| Earnings from continuing operations | 2,332 | 1,606 | 726 | 45.20% | ||
| Net earnings attributable to | ||||||
| Mondel?z International | 3,915 | 3,067 | 848 | 27.60% | ||
| Diluted earnings per share from | ||||||
| continuing operations attributable to | ||||||
| Mondel?z International | 1.29 | 0.88 | 0.41 | 46.60% | ||
| Diluted earnings per share attributable to | ||||||
| Mondel?z International | 2.19 | 1.71 | 0.48 | 28.10% |
TABLE15
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE15 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| Change in net revenues (by percentage point) | ||
| Favorable volume/mix | 3.4pp | |
| Higher net pricing | 0.5pp | |
| Total change in Organic Net Revenues(1) | 3.9% | |
| Unfavorable foreign currency | (2.4)pp | |
| Impact of divestitures | (1.0)pp | |
| Impact of acquisition | 0.2pp | |
| Impact of accounting calendar change | 0.1pp | |
| Total change in net revenues | 0.8% |
TABLE16
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE16 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Operating | |||
| Income | Change | ||
| (in millions) | (percentage point) | ||
| Operating Income for the Year Ended December 31, 2012 | $ 3,637 | ||
| Spin-Off Costs | 444 | 10.6pp | |
| Integration Program costs | 140 | 3.0pp | |
| 2012-2014 Restructuring Program costs | 110 | 2.3pp | |
| Spin-Off pension expense adjustment (2) | 68 | 1.7pp | |
| Acquisition-related costs | 1 | - | |
| Net gain on divestitures | (107) | (2.5)pp | |
| Operating income from divestitures | (79) | (1.7)pp | |
| Adjusted Operating Income for the Year Ended December 31, 2012(1) | $ 4,214 | ||
| Favorable volume/mix | 495 | 11.6pp | |
| Higher net pricing | 157 | 3.7pp | |
| Higher input costs | (333) | (7.9)pp | |
| Higher selling, general and administrative expenses | (246) | (5.7)pp | |
| Gains on sales of property in 2013 | 68 | 1.6pp | |
| Gains on sales of property in 2012 | (77) | (1.8)pp | |
| Change in unrealized gains/losses on hedging activities | 61 | 1.4pp | |
| Intangible asset impairment charge in 2012 | 52 | 1.3pp | |
| Impact from acquisition | 16 | 0.4pp | |
| Impact of accounting calendar changes | 6 | 0.1pp | |
| Total change in Adjusted Operating Income (constant currency) (1) | 199 | 4.7% | |
| Unfavorable foreign currency - translation | (146) | (3.4)pp | |
| Unfavorable foreign currency - Venezuela net monetary assets | (54) | (1.3)pp | |
| Total change in Adjusted Operating Income | (1) | 0.0% | |
| Adjusted Operating Income for the Year Ended December 31, 2013 (1) | $ 4,213 | ||
| Benefit from indemnification resolution | 336 | 9.3pp | |
| Integration Program and other integration costs | (220) | (5.0)pp | |
| Spin-Off Costs | (62) | (1.5)pp | |
| 2012-2014 Restructuring Program costs | (330) | (7.8)pp | |
| Net gain on acquisition and divestitures | 30 | 0.7pp | |
| Operating income from divestitures | 6 | 0.1pp | |
| Acquisition-related costs | (2) | - | |
| Operating Income for the Year Ended December 31, 2013 | $ 3,971 | 9.2% |
TABLE17
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE17 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| Diluted EPS | ||
| Diluted EPS Attributable to Mondel?z International for the Year Ended December 31, 2012 | $ 1.71 | |
| Discontinued operations | 0.83 | |
| Diluted EPS Attributable to Mondel?z International from Continuing Operations for the | ||
| Year Ended December 31, 2012 | 0.88 | |
| Spin-Off Costs (2) | 0.39 | |
| Integration Program costs | 0.08 | |
| 2012-2014 Restructuring Program costs | 0.04 | |
| Spin-Off interest expense adjustment (3) | 0.06 | |
| Spin-Off pension expense adjustment (4) | 0.02 | |
| Net gain on divestitures | (0.03) | |
| Net earnings from divestitures | (0.03) | |
| Adjusted EPS for the Year Ended December 31, 2012 (1) | 1.41 | |
| Increase in operations | 0.04 | |
| Gains on sales of property in 2013 | 0.03 | |
| Gains on sales of property in 2012 | (0.03) | |
| Change in unrealized gains / (losses) on hedging activities | 0.03 | |
| Intangible asset impairment charge in 2012 | 0.02 | |
| Lower interest and other expense, net (5) | 0.03 | |
| Changes in shares outstanding | - 0 | |
| Changes in income taxes | 0.07 | |
| Adjusted EPS for the Year Ended December 31, 2013 (constant currency)(1) | 1.60 | |
| Unfavorable foreign currency - translation | (0.06) | |
| Unfavorable foreign currency - Venezuela net monetary assets | (0.03) | |
| Adjusted EPS for the Year Ended December 31, 2013 (1) | 1.51 | |
| Spin-Off Costs(2) | (0.02) | |
| 2012-2014 Restructuring Program costs | (0.14) | |
| Integration Program and other acquisition integration costs | (0.10) | |
| Loss on debt extinguishment and related expenses (6) | (0.22) | |
| Net benefit from indemnification resolution (7) | 0.20 | |
| Net gain on acquisition and divestitures | 0.04 | |
| Residual tax benefit impact due to resolution of Starbucks arbitration | 0.02 | |
| Acquisition-related costs | - 0 | |
| Net earnings from divestitures | - 0 | |
| Diluted EPS Attributable to Mondel?z International from Continuing Operations for the | ||
| Year Ended December 31, 2013 | 1.29 | |
| Discontinued operations | 0.90 | |
| Diluted EPS Attributable to Mondel?z International for the Year Ended December 31, 2013 | $ 2.19 |
TABLE18
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE18 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2012 | 2011 | $ | change | % change | ||
| (in millions, except per share data) | ||||||
| Net revenues | $ 35,015 | $ 35,810 | $ (795) | -2.20% | ||
| Operating income | 3,637 | 3,498 | 139 | 4.00% | ||
| Earnings from continuing operations | 1,606 | 1,764 | (158) | -9.00% | ||
| Net earnings attributable to | ||||||
| Mondel?z International | 3,067 | 3,554 | (487) | -13.70% | ||
| Diluted earnings per share from | ||||||
| continuing operations attributable to | ||||||
| Mondel?z International | 0.88 | 0.99 | (0.11) | -11.10% | ||
| Diluted earnings per share attributable to | ||||||
| Mondel?z International | 1.71 | 2.01 | (0.30) | -14.90% |
TABLE19
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE19 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| Change in net revenues (by percentage point) | ||
| Higher net pricing | 3.3pp | |
| Favorable volume/mix | 1.1pp | |
| Total change in Organic Net Revenues(1) | 4.4% | |
| Unfavorable foreign currency | (4.4)pp | |
| Impact of accounting calendar changes (including the 53rd week of | ||
| shipments) | (2.0)pp | |
| Impact of divestitures | (0.2)pp | |
| Total change in net revenues | (2.2)% |
TABLE20
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE20 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Operating | |||
| Income | Change | ||
| (in millions) | (percentage point) | ||
| Operating Income for the Year Ended December 31, | |||
| 2011 | $ 3,498 | ||
| Integration Program costs | 521 | 14.7pp | |
| Spin-Off pension expense adjustment (2) | 91 | 2.7pp | |
| Spin-Off Costs | 46 | 1.4pp | |
| Operating income from divested businesses | (59) | (1.5)pp | |
| Adjusted Operating Income for the Year Ended | |||
| December 31, 2011 (1) | $ 4,097 | ||
| Higher net pricing | 1,132 | 28.4pp | |
| Higher input costs | (598) | (15.0)pp | |
| Favorable volume/mix | 114 | 2.8pp | |
| Higher selling, general and administrative | |||
| expenses | (293) | (7.2)pp | |
| Impact of accounting calendar changes | (93) | (2.5)pp | |
| Gain on sale of property | 55 | 1.3pp | |
| Intangible asset impairment charge | (52) | (1.3)pp | |
| Change in unrealized gains/losses on hedging | |||
| activities | 37 | 0.9pp | |
| Other, net | (11) | (0.3)pp | |
| Total change in Adjusted Operating Income | |||
| (constant currency) (1) | 291 | 7.1% | |
| Unfavorable foreign currency | (153) | (3.7)pp | |
| Total change in Adjusted Operating Income | 138 | 3.4% | |
| Adjusted Operating Income for the Year Ended | |||
| December 31, 2012 (1) | $ 4,235 | ||
| Spin-Off Costs | (444) | (12.3)pp | |
| Integration Program costs | (140) | (3.4)pp | |
| 2012-2014 Restructuring Program costs | (110) | (3.0)pp | |
| Spin-Off pension expense adjustment (2) | (68) | (1.9)pp | |
| Acquisition-related costs | (1) | (0.1)pp | |
| Net gain on divestitures | 107 | 2.6pp | |
| Operating income from divested businesses | 58 | 1.4pp | |
| Operating Income for the Year Ended December 31, | |||
| 2012 | $ 3,637 | 4.0% |
TABLE21
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE21 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| Diluted EPS | ||
| Diluted EPS Attributable to Mondel?z International for the Year Ended December 31, 2011 | $ 2.01 | |
| Discontinued operations | 1.02 | |
| Diluted EPS Attributable to Mondel?z International from Continuing Operations for the | ||
| Year Ended December 31, 2011 | 0.99 | |
| Integration Program costs | 0.28 | |
| Spin-Off interest expense adjustment (2) | 0.11 | |
| Spin-Off pension expense adjustment (3) | 0.03 | |
| Spin-Off Costs | 0.02 | |
| Net earnings from divested businesses | (0.03) | |
| Adjusted EPS for the Year Ended December 31, 2011 (1) | 1.40 | |
| Increases in operations | 0.16 | |
| Impact of accounting calendar changes | (0.04) | |
| Gain on sale of property | 0.02 | |
| Intangible asset impairment charge | (0.02) | |
| Change in unrealized gains/losses on hedging activities | 0.02 | |
| Lower interest and other expense, net (4) | 0.09 | |
| Changes in income taxes | (0.15) | |
| Higher shares outstanding | (0.01) | |
| Adjusted EPS for the Year Ended December 31, 2012 (constant currency)(1) | 1.47 | |
| Unfavorable foreign currency | (0.06) | |
| Adjusted EPS for the Year Ended December 31, 2012 (1) | 1.41 | |
| Spin-Off Costs (5) | (0.39) | |
| Integration Program costs | (0.08) | |
| 2012-2014 Restructuring Program costs | (0.04) | |
| Spin-Off interest expense adjustment (2) | (0.06) | |
| Spin-Off pension expense adjustment (3) | (0.02) | |
| Net gain on divestitures | 0.03 | |
| Net earnings from divested businesses | 0.03 | |
| Diluted EPS Attributable to Mondel?z International from Continuing Operations for the | ||
| Year Ended December 31, 2012 | 0.88 | |
| Discontinued operations | 0.83 | |
| Diluted EPS Attributable to Mondel?z International for the Year Ended December 31, 2012 | $ 1.71 |
TABLE22
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE22 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Net revenues: | ||||
| Latin America | $ 5,382 | $ 5,396 | $ 5,403 | |
| Asia Pacific | 4,952 | 5,164 | 4,864 | |
| EEMEA | 3,915 | 3,735 | 3,836 | |
| Europe | 14,059 | 13,817 | 14,874 | |
| North America | 6,991 | 6,903 | 6,833 | |
| Net revenues | $ 35,299 | $ 35,015 | $ 35,810 | |
| Earnings from continuing operations before income taxes: | ||||
| Operating income: | ||||
| Latin America | $ 570 | $ 769 | $ 759 | |
| Asia Pacific | 512 | 657 | 682 | |
| EEMEA | 379 | 506 | 433 | |
| Europe | 1,699 | 1,762 | 1,586 | |
| North America | 889 | 781 | 787 | |
| Unrealized gains / (losses) on hedging activities | 62 | 1 | (36) | |
| General corporate expenses | (287) | (728) | (488) | |
| Amortization of intangibles | (217) | (217) | (225) | |
| Benefit from indemnification resolution | 336 | - 0 | - 0 | |
| Net gain on acquisition and divestitures | 30 | 107 | - 0 | |
| Acquisition-related costs | (2) | (1) | - 0 | |
| Operating income | 3,971 | 3,637 | 3,498 | |
| Interest and other expense, net | (1,579) | (1,863) | (1,618) | |
| Earnings from continuing operations before income taxes | $ 2,392 | $ 1,774 | $ 1,880 |
TABLE23
| Created by EDGAR Online, Inc. | ||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||
| TABLE23 | ||||||||
| Form Type: 10-K | ||||||||
| Period End: Dec 31, 2013 | ||||||||
| Date Filed: Mar 03, 2014 | ||||||||
| Latin America | ||||||||
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2013 | 2012 | $ | change | % change | ||||
| (in millions) | ||||||||
| Net revenues | $ 5,382 | $5,396 | $ (14) | -0.30% | ||||
| Segment operating income | 570 | 769 | (199) | -25.90% |
TABLE24
| Created by EDGAR Online, Inc. | ||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||
| TABLE24 | ||||||||
| Form Type: 10-K | ||||||||
| Period End: Dec 31, 2013 | ||||||||
| Date Filed: Mar 03, 2014 | ||||||||
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2012 | 2011 | $ | change | % change | ||||
| (in millions) | ||||||||
| Net revenues | $ 5,396 | $5,403 | $ (7) | -0.10% | ||||
| Segment operating income | 769 | 759 | 10 | 1.30% |
TABLE25
| Created by EDGAR Online, Inc. | ||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||
| TABLE25 | ||||||||
| Form Type: 10-K | ||||||||
| Period End: Dec 31, 2013 | ||||||||
| Date Filed: Mar 03, 2014 | ||||||||
| Asia Pacific | ||||||||
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2013 | 2012 | $ | change | % change | ||||
| (in millions) | ||||||||
| Net revenues | $ 4,952 | $5,164 | $ (212) | -4.10% | ||||
| Segment operating income | 512 | 657 | (145) | -22.10% | ||||
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2012 | 2011 | $ | change | % change | ||||
| (in millions) | ||||||||
| Net revenues | $ 5,164 | $4,864 | $ 300 | 6.20% | ||||
| Segment operating income | 657 | 682 | (25) | -3.70% |
TABLE26
| Created by EDGAR Online, Inc. | ||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||
| TABLE26 | ||||||||
| Form Type: 10-K | ||||||||
| Period End: Dec 31, 2013 | ||||||||
| Date Filed: Mar 03, 2014 | ||||||||
| EEMEA | ||||||||
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2013 | 2012 | $ | change | % change | ||||
| (in millions) | ||||||||
| Net revenues | $ 3,915 | $3,735 | $ 180 | 4.80% | ||||
| Segment operating income | 379 | 506 | (127) | -25.10% |
TABLE27
| Created by EDGAR Online, Inc. | ||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||
| TABLE27 | ||||||||
| Form Type: 10-K | ||||||||
| Period End: Dec 31, 2013 | ||||||||
| Date Filed: Mar 03, 2014 | ||||||||
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2012 | 2011 | $ | change | % change | ||||
| (in millions) | ||||||||
| Net revenues | $ 3,735 | $3,836 | $ (101) | -2.60% | ||||
| Segment operating income | 506 | 433 | 73 | 16.90% |
TABLE28
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE28 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| Europe | ||||||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2013 | 2012 | $ | change | % change | ||
| (in millions) | ||||||
| Net revenues | $ 14,059 | $ 13,817 | $ 242 | 1.80% | ||
| Segment operating income | 1,699 | 1,762 | (63) | -3.60% |
TABLE29
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE29 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2012 | 2011 | $ | change | % change | ||
| (in millions) | ||||||
| Net revenues | $ 13,817 | $ 14,874 | $ (1,057) | -7.10% | ||
| Segment operating income | 1,762 | 1,586 | 176 | 11.10% |
TABLE30
| Created by EDGAR Online, Inc. | ||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||
| TABLE30 | ||||||||
| Form Type: 10-K | ||||||||
| Period End: Dec 31, 2013 | ||||||||
| Date Filed: Mar 03, 2014 | ||||||||
| North America | ||||||||
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2013 | 2012 | $ | change | % change | ||||
| (in millions) | ||||||||
| Net revenues | $ 6,991 | $6,903 | $ 88 | 1.30% | ||||
| Segment operating income | 889 | 781 | 108 | 13.80% |
TABLE31
| Created by EDGAR Online, Inc. | ||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||
| TABLE31 | ||||||||
| Form Type: 10-K | ||||||||
| Period End: Dec 31, 2013 | ||||||||
| Date Filed: Mar 03, 2014 | ||||||||
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2012 | 2011 | $ | change | % change | ||||
| (in millions) | ||||||||
| Net revenues | $ 6,903 | $6,833 | $ 70 | 1.00% | ||||
| Segment operating income | 781 | 787 | (6) | -0.80% |
TABLE32
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE32 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| U.S. pension plan cost | $ 122 | $ 168 | $ 118 | |
| Non-U.S. pension plan cost | 235 | 220 | 180 | |
| Postretirement health care cost | 35 | 84 | 66 | |
| Postemployment benefit plan cost | 11 | 15 | 49 | |
| Employee savings plan cost | 66 | 74 | 62 | |
| Multiemployer pension plan contributions | 32 | 28 | 27 | |
| Multiemployer medical plan contributions | 18 | 18 | 16 | |
| Net expense for employee benefit plans | $ 519 | $ 607 | $ 518 |
TABLE33
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE33 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| One-Percentage-Point | |||
| Increase | Decrease | ||
| (in millions) | |||
| Effect on postretirement benefit obligation | $ 66 | $ (53) | |
| Effect on annual service and interest cost | $6 | $ (5) |
TABLE34
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE34 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| U.S. Plans | Non-U.S. Plans | ||||
| Fifty-Basis-Point | Fifty-Basis-Point | ||||
| Increase | Decrease | Increase | Decrease | ||
| (in millions) | |||||
| Effect of change in discount | |||||
| rate on | |||||
| pension costs | $ (16) | $ 17 | $ (36) | $ 57 | |
| Effect of change in expected | |||||
| rate of | |||||
| return on plan assets on | |||||
| pension costs | (4) | 4 | (35) | 35 | |
| Effect of change in discount | |||||
| rate on | |||||
| postretirement health care | |||||
| costs | (3) | 4 | (1) | 1 |
TABLE35
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE35 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| Aggregate Contractual Obligations: | ||||||
| The following table summarizes our contractual obligations at December 31, 2013. | ||||||
| Payments Due | ||||||
| 2019 and | ||||||
| Total | 2014 | 2015-16 | 2017-18 | Thereafter | ||
| (in millions) | ||||||
| Debt (1) | $ 15,511 | $ 998 | $ 3,479 | $ 3,352 | $ 7,682 | |
| Interest expense (2) | 9,412 | 719 | 1,354 | 1,095 | 6,244 | |
| Capital leases | 2 | 1 | 1 | - 0 | - 0 | |
| Operating leases (3) | 886 | 240 | 303 | 207 | 136 | |
| Purchase obligations: (4) | ||||||
| Inventory and production costs | 7,095 | 4,296 | 1,550 | 913 | 336 | |
| Other | 1,198 | 1,052 | 112 | 34 | - 0 | |
| 8,293 | 5,348 | 1,662 | 947 | 336 | ||
| Other long-term liabilities (5) | 701 | 25 | 61 | 94 | 521 | |
| Total | $ 34,805 | $ 7,331 | $ 6,860 | $ 5,695 | $ 14,919 |
TABLE36
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE36 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2013 | 2012 | $ | Change | % Change | ||
| (in millions) | ||||||
| Organic Net Revenues | $ 35,938 | $ 34,600 | $ 1,338 | 3.90% | ||
| Impact of foreign currency | (837) | - 0 | (837) | (2.4)pp | ||
| Impact of divestitures | 70 | 415 | (345) | (1.0)pp | ||
| Impact of acquisition | 91 | - 0 | 91 | 0.2pp | ||
| Impact of accounting calendar changes | 37 | - 0 | 37 | 0.1pp | ||
| Net revenues | $ 35,299 | $ 35,015 | $ 284 | 0.80% | ||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2012 | 2011 | $ | Change | % Change | ||
| (in millions) | ||||||
| Organic Net Revenues | $ 36,347 | $ 34,816 | $ 1,531 | 4.40% | ||
| Impact of foreign currency | (1,576) | - 0 | (1,576) | (4.4)pp | ||
| Impact of accounting calendar changes (1) | - 0 | 679 | (679) | (2.0)pp | ||
| Impact of divestitures | 244 | 316 | (72) | (0.2)pp | ||
| Impact of Integration Program | - 0 | (1) | 1 | - 0 | ||
| Net revenues | $ 35,015 | $ 35,810 | $ (795) | -2.20% |
TABLE37
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE37 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2013 | 2012 | $ | Change | % Change | ||
| (in millions) | ||||||
| Adjusted Operating Income (constant currency) | $ 4,413 | $ 4,214 | $ 199 | 4.7% | ||
| Impact of unfavorable foreign currency - | ||||||
| translation | (146) | - 0 | (146) | (3.4)pp | ||
| Impact of unfavorable foreign currency - | ||||||
| Venezuela net monetary assets | (54) | - 0 | (54) | (1.3)pp | ||
| Adjusted Operating Income | $ 4,213 | $ 4,214 | $ (1) | 0.0% | ||
| Spin-Off Costs | (62) | (444) | 382 | 9.1pp | ||
| Spin-Off pension expense adjustment (1) | - 0 | (68) | 68 | 1.7pp | ||
| 2012-2014 Restructuring Program | (330) | (110) | (220) | (5.5)pp | ||
| Integration Program and other integration | ||||||
| costs | (220) | (140) | (80) | (2.0)pp | ||
| Benefit from indemnification resolution | 336 | - 0 | 336 | 9.3pp | ||
| Net gain on acquisition and divestitures | 30 | 107 | (77) | (1.8)pp | ||
| Acquisition-related costs | (2) | (1) | (1) | - | ||
| Operating income from divestitures | 6 | 79 | (73) | (1.6)pp | ||
| Operating Income | $ 3,971 | $ 3,637 | $ 334 | 9.2% | ||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2012 | 2011 | $ | Change | % Change | ||
| (in millions) | ||||||
| Adjusted Operating Income (constant currency) | $ 4,388 | $ 4,097 | $ 291 | 7.1% | ||
| Impact of unfavorable foreign currency | (153) | - 0 | (153) | (3.7)pp | ||
| Adjusted Operating Income | $ 4,235 | $ 4,097 | $ 138 | 3.4% | ||
| Integration Program | (140) | (521) | 381 | 11.3pp | ||
| Net gain on divestitures | 107 | - 0 | 107 | 2.6pp | ||
| Spin-Off pension expense adjustment (1) | (68) | (91) | 23 | 0.8pp | ||
| Spin-Off Costs | (444) | (46) | (398) | (10.9)pp | ||
| 2012-2014 Restructuring Program | (110) | - 0 | (110) | (3.0)pp | ||
| Operating income from divestitures | 58 | 59 | (1) | (0.1)pp | ||
| Acquisition-related costs | (1) | - 0 | (1) | (0.1)pp | ||
| Operating Income | $ 3,637 | $ 3,498 | $ 139 | 4.0% |
TABLE38
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE38 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2013 | 2012 | $ | Change | % Change | ||
| Adjusted EPS (constant currency) | $ 1.60 | $ 1.41 | $ 0.19 | 13.50% | ||
| Impact of unfavorable foreign currency - | ||||||
| translation | (0.06) | - 0 | (0.06) | |||
| Impact of unfavorable foreign currency - Venezuela | ||||||
| net monetary assets | (0.03) | - 0 | (0.03) | |||
| Adjusted EPS | $ 1.51 | $ 1.41 | $ 0.10 | 7.10% | ||
| Spin-Off Costs | (0.02) | (0.39) | 0.37 | |||
| Spin-Off pension expense adjustment (1) | - 0 | (0.02) | 0.02 | |||
| Spin-Off interest expense adjustment (2) | - 0 | (0.06) | 0.06 | |||
| 2012-2014 Restructuring Program | (0.14) | (0.04) | (0.10) | |||
| Integration Program and other integration costs | (0.10) | (0.08) | (0.02) | |||
| Net benefit from indemnification resolution | 0.20 | - 0 | 0.20 | |||
| Residual tax benefit associated with | ||||||
| Starbucks arbitration resolution | 0.02 | - 0 | 0.02 | |||
| Loss on debt extinguishment and related expenses | (0.22) | - 0 | (0.22) | |||
| Net gain on acquisition and divestitures | 0.04 | 0.03 | 0.01 | |||
| Acquisition-related costs | - 0 | - 0 | - 0 | |||
| Net earnings from divestitures | - 0 | 0.03 | (0.03) | |||
| Diluted EPS attributable to Mondel?z International | ||||||
| from continuing operations | $ 1.29 | $ 0.88 | $ 0.41 | 46.60% | ||
| Discontinued operations | 0.90 | 0.83 | 0.07 | |||
| Diluted EPS attributable to Mondel?z International | $ 2.19 | $ 1.71 | $ 0.48 | 28.10% | ||
| For the Years Ended | ||||||
| December 31, | ||||||
| 2012 | 2011 | $ | Change | % Change | ||
| Adjusted EPS (constant currency) | $ 1.47 | $ 1.40 | $ 0.07 | 5.00% | ||
| Impact of unfavorable foreign currency | (0.06) | - 0 | (0.06) | |||
| Adjusted EPS | $ 1.41 | $ 1.40 | $ 0.01 | 0.70% | ||
| Spin-Off Costs | (0.39) | (0.02) | (0.37) | |||
| Spin-Off pension expense adjustment (1) | (0.02) | (0.03) | 0.01 | |||
| Spin-Off interest expense adjustment (2) | (0.06) | (0.11) | 0.05 | |||
| 2012-2014 Restructuring Program | (0.04) | - 0 | (0.04) | |||
| Integration Program | (0.08) | (0.28) | 0.20 | |||
| Net gain on divestitures | 0.03 | - 0 | 0.03 | |||
| Net earnings from divestitures | 0.03 | 0.03 | - 0 | |||
| Diluted EPS attributable to Mondel?z International | ||||||
| from continuing operations | $ 0.88 | $ 0.99 | $ (0.11) | -11.10% | ||
| Discontinued operations | 0.83 | 1.02 | (0.19) | |||
| Diluted EPS attributable to Mondel?z International | $ 1.71 | $ 2.01 | $ (0.30) | -14.90% |
TABLE39
| Created by EDGAR Online, Inc. | ||||||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||||||
| TABLE39 | ||||||||||||
| Form Type: 10-K | ||||||||||||
| Period End: Dec 31, 2013 | ||||||||||||
| Date Filed: Mar 03, 2014 | ||||||||||||
| Pre-Tax Earnings Impact | Fair Value Impact | |||||||||||
| At 12/31/13 | Average | High | Low | At 12/31/13 | Average | High | Low | |||||
| (in millions) | ||||||||||||
| Instruments sensitive to: | ||||||||||||
| Interest rates | $ 44 | $ 70 | $ 112 | $ 44 | ||||||||
| Foreign currency rates | $ 28 | $ 19 | $ 28 | $ 13 | ||||||||
| Commodity prices | 25 | 18 | 25 | 14 | ||||||||
| Pre-Tax Earnings Impact | Fair Value Impact | |||||||||||
| At 12/31/12 | Average | High | Low | At 12/31/12 | Average | High | Low | |||||
| (in millions) | ||||||||||||
| Instruments sensitive to: | ||||||||||||
| Interest rates | $ 80 | $ 133 | $ 172 | $ 80 | ||||||||
| Foreign currency rates | $ 10 | $ 17 | $ 24 | $ 10 | ||||||||
| Commodity prices | 19 | 44 | 60 | 19 |
INCOME_STATEMENT
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| INCOME_STATEMENT | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Mondel?z International, Inc. and Subsidiaries | ||||
| Consolidated Statements of Earnings | ||||
| For the Years Ended December 31 | ||||
| (in millions of U.S. dollars, except per share data) | ||||
| 2013 | 2012 | 2011 | ||
| Net revenues | $ 35,299 | $ 35,015 | $ 35,810 | |
| Cost of sales | 22,189 | 21,939 | 22,710 | |
| Gross profit | 13,110 | 13,076 | 13,100 | |
| Selling, general and administrative | ||||
| expenses | 8,679 | 9,176 | 9,382 | |
| Asset impairment and exit costs | 273 | 153 | (5) | |
| Gains on acquisition and divestitures, net | (30) | (107) | - 0 | |
| Amortization of intangibles | 217 | 217 | 225 | |
| Operating income | 3,971 | 3,637 | 3,498 | |
| Interest and other expense, net | 1,579 | 1,863 | 1,618 | |
| Earnings from continuing operations before | ||||
| income taxes | 2,392 | 1,774 | 1,880 | |
| Provision for income taxes | 60 | 168 | 116 | |
| Earnings from continuing operations | 2,332 | 1,606 | 1,764 | |
| Earnings from discontinued operations, net | ||||
| of income taxes | 1,603 | 1,488 | 1,810 | |
| Net earnings | 3,935 | 3,094 | 3,574 | |
| Noncontrolling interest | 20 | 27 | 20 | |
| Net earnings attributable to Mondel?z | ||||
| International | $ 3,915 | $ 3,067 | $ 3,554 | |
| Per share data: | ||||
| Basic earnings per share attributable to | ||||
| Mondel?z International: | ||||
| Continuing operations | $ 1.30 | $ 0.90 | $ 0.99 | |
| Discontinued operations | 0.91 | 0.83 | 1.02 | |
| Net earnings attributable to Mondel?z | ||||
| International | $ 2.21 | $ 1.73 | $ 2.01 | |
| Diluted earnings per share attributable to | ||||
| Mondel?z International: | ||||
| Continuing operations | $ 1.29 | $ 0.88 | $ 0.99 | |
| Discontinued operations | 0.90 | 0.83 | 1.02 | |
| Net earnings attributable to Mondel?z | ||||
| International | $ 2.19 | $ 1.71 | $ 2.01 | |
| Dividends declared | $ 0.54 | $ 1.00 | $ 1.16 |
TABLE40
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE40 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Mondel?z International, Inc. and Subsidiaries | ||||
| Consolidated Statements of Comprehensive Earnings | ||||
| For the Years Ended December 31 | ||||
| (in millions of U.S. dollars) | ||||
| 2013 | 2012 | 2011 | ||
| Net earnings | $ 3,935 | $ 3,094 | $ 3,574 | |
| Other comprehensive earnings / (losses): | ||||
| Currency translation adjustment: | ||||
| Translation adjustment | (1,080) | 759 | (1,245) | |
| Tax (expense) / benefit | 36 | 39 | (45) | |
| Pension and other benefits: | ||||
| Net actuarial gain / (loss) arising during | ||||
| period | 713 | (2,266) | (2,333) | |
| Reclassification of (gains) / losses into net | ||||
| earnings: | ||||
| Amortization of experience losses and | ||||
| prior service costs | 193 | 414 | 361 | |
| Settlement losses | 4 | 135 | 113 | |
| Tax (expense) / benefit | (244) | 486 | 768 | |
| Derivatives accounted for as hedges: | ||||
| Net derivative (losses) / gains | 169 | (412) | (709) | |
| Reclassification of (gains) / losses into net | ||||
| earnings | 72 | 602 | 93 | |
| Tax (expense) / benefit | (86) | (87) | 240 | |
| Total other comprehensive earnings / (losses) | (223) | (330) | (2,757) | |
| Comprehensive earnings / (losses) | 3,712 | 2,764 | 817 | |
| less: Comprehensive earnings / (losses) | ||||
| attributable to noncontrolling interests | 20 | 33 | 10 | |
| Comprehensive earnings / (losses) | ||||
| attributable to Mondel?z International | $ 3,692 | $ 2,731 | $ 807 |
BALANCE_SHEET
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| BALANCE_SHEET | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Mondel?z International, Inc. and Subsidiaries | |||
| Consolidated Balance Sheets, as of December 31 | |||
| (in millions of U.S. dollars, except share data) | |||
| 2013 | 2012 | ||
| ASSETS | |||
| Cash and cash equivalents | $ 2,664 | $ 4,475 | |
| Receivables (net of allowances of $86 in 2013 and | |||
| $118 in 2012) | 5,403 | 6,129 | |
| Inventories, net | 3,743 | 3,741 | |
| Deferred income taxes | 517 | 593 | |
| Other current assets | 889 | 735 | |
| Total current assets | 13,216 | 15,673 | |
| Property, plant and equipment, net | 10,247 | 10,010 | |
| Goodwill | 25,597 | 25,740 | |
| Intangible assets, net | 21,994 | 22,552 | |
| Prepaid pension assets | 54 | 18 | |
| Other assets | 1,449 | 1,484 | |
| TOTAL ASSETS | $ 72,557 | $ 75,477 |
TABLE41
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE41 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| LIABILITIES | |||
| Short-term borrowings | $ 1,636 | $ 274 | |
| Current portion of long-term debt | 1,003 | 3,577 | |
| Accounts payable | 5,345 | 4,642 | |
| Accrued marketing | 2,318 | 2,484 | |
| Accrued employment costs | 1,043 | 1,038 | |
| Other current liabilities | 3,051 | 2,855 | |
| Total current liabilities | 14,396 | 14,870 | |
| Long-term debt | 14,482 | 15,574 | |
| Deferred income taxes | 6,282 | 6,235 | |
| Accrued pension costs | 1,962 | 2,885 | |
| Accrued postretirement health care costs | 412 | 451 | |
| Other liabilities | 2,491 | 3,046 | |
| TOTAL LIABILITIES | 40,025 | 43,061 | |
| Commitments and Contingencies (Note 12) | |||
| EQUITY | |||
| Common Stock, no par value (1,996,537,778 shares | |||
| issued as of December 31, 2013 and 2012) | - 0 | - 0 | |
| Additional paid-in capital | 31,396 | 31,548 | |
| Retained earnings | 13,419 | 10,551 | |
| Accumulated other comprehensive losses | (2,889) | (2,666) | |
| Treasury stock, at cost (291,141,184 shares at | |||
| December 31, 2013 and 218,541,936 shares at | |||
| December 31, 2012) | (9,553) | (7,157) | |
| Total Mondel?z International Shareholders' Equity | 32,373 | 32,276 | |
| Noncontrolling interest | 159 | 140 | |
| TOTAL EQUITY | 32,532 | 32,416 | |
| TOTAL LIABILITIES AND EQUITY | $ 72,557 | $ 75,477 |
STOCKHOLDERS_EQUITY
| Created by EDGAR Online, Inc. | ||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||
| STOCKHOLDERS_EQUITY | ||||||||
| Form Type: 10-K | ||||||||
| Period End: Dec 31, 2013 | ||||||||
| Date Filed: Mar 03, 2014 | ||||||||
| Mondel?z International, Inc. and Subsidiaries | ||||||||
| Consolidated Statements of Equity | ||||||||
| (in millions of U.S. dollars, except per share data) | ||||||||
| Mondel?z International Shareholders' Equity | ||||||||
| Accumulated | ||||||||
| Other | ||||||||
| Additional | Comprehensive | |||||||
| Common | Paid-in | Retained | Earnings/ | Treasury | Noncontrolling | Total | ||
| Stock | Capital | Earnings | (Losses) | Stock | Interest | Equity | ||
| Balances at January 1, 2011 | $ - 0 | $ 31,231 | $ 16,647 | $ (3,893) | $ (8,126) | $ 108 | $ 35,967 | |
| Comprehensive earnings / (losses): | ||||||||
| Net earnings | - 0 | - 0 | 3,554 | - 0 | - 0 | 20 | 3,574 | |
| Other comprehensive losses, net of income | ||||||||
| taxes | - 0 | - 0 | - 0 | (2,747) | - 0 | (10) | (2,757) | |
| Exercise of stock options and issuance of | ||||||||
| other stock awards | - 0 | 100 | (86) | - 0 | 650 | - 0 | 664 | |
| Cash dividends declared ($1.16 per share) | - 0 | - 0 | (2,048) | - 0 | - 0 | - 0 | (2,048) | |
| Dividends paid on noncontrolling interest | ||||||||
| and other activities | - 0 | (13) | - 0 | 2 | - 0 | (7) | (18) | |
| Balances at December 31, 2011 | $ - 0 | $ 31,318 | $ 18,067 | $ (6,638) | $ (7,476) | $ 111 | $ 35,382 | |
| Comprehensive earnings / (losses): | ||||||||
| Net earnings | - 0 | - 0 | 3,067 | - 0 | - 0 | 27 | 3,094 | |
| Other comprehensive earnings / (losses), | ||||||||
| net of income taxes | - 0 | - 0 | - 0 | (336) | - 0 | 6 | (330) | |
| Exercise of stock options and issuance of | ||||||||
| other stock awards | - 0 | 141 | (53) | - 0 | 319 | - 0 | 407 | |
| Cash dividends declared ($1.00 per share) | - 0 | - 0 | (1,775) | - 0 | - 0 | - 0 | (1,775) | |
| Spin-Off of Kraft Foods Group, Inc. | 89 | (8,755) | 4,308 | (4,358) | ||||
| Dividends paid on noncontrolling interest | ||||||||
| and other activities | - 0 | - 0 | - 0 | - 0 | - 0 | (4) | (4) | |
| Balances at December 31, 2012 | $ - 0 | $ 31,548 | $ 10,551 | $ (2,666) | $ (7,157) | $ 140 | $ 32,416 | |
| Comprehensive earnings / (losses): | ||||||||
| Net earnings | - 0 | - 0 | 3,915 | - 0 | - 0 | 20 | 3,935 | |
| Other comprehensive losses, net of income | ||||||||
| taxes | - 0 | - 0 | - 0 | (223) | - 0 | - 0 | (223) | |
| Exercise of stock options and issuance of | ||||||||
| other stock awards | - 0 | 10 | (97) | - 0 | 343 | - 0 | 256 | |
| Common Stock repurchased | - 0 | (161) | - 0 | - 0 | (2,739) | (2,900) | ||
| Cash dividends declared ($0.54 per share) | - 0 | - 0 | (950) | - 0 | - 0 | - 0 | (950) | |
| Dividends paid on noncontrolling interest | ||||||||
| and other activities | - 0 | (1) | - 0 | - 0 | - 0 | (1) | (2) | |
| Balances at December 31, 2013 | $ - 0 | $ 31,396 | $ 13,419 | $ (2,889) | $ (9,553) | $ 159 | $ 32,532 |
CASH_FLOW
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| CASH_FLOW | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Mondel?z International, Inc. and Subsidiaries | ||||
| Consolidated Statements of Cash Flows | ||||
| For the Years Ended December 31 | ||||
| (in millions of U.S. dollars) | ||||
| 2013 | 2012 | 2011 | ||
| CASH PROVIDED BY / (USED IN) OPERATING | ||||
| ACTIVITIES | ||||
| Net earnings | $ 3,935 | $ 3,094 | $ 3,574 | |
| Adjustments to reconcile net earnings to | ||||
| operating cash flows: | ||||
| Depreciation and amortization | 1,077 | 1,345 | 1,485 | |
| Stock-based compensation expense | 128 | 162 | 181 | |
| Deferred income tax (benefit) / provision | (64) | 369 | (351) | |
| Net gain on acquisition and divestitures | (30) | (107) | - 0 | |
| Asset impairments | 97 | 126 | - 0 | |
| Benefit from indemnification resolution | (385) | - 0 | - 0 | |
| Loss on extinguishment of debt | 608 | - 0 | - 0 | |
| Other non-cash items, net | (19) | 44 | 82 | |
| Change in assets and liabilities, net of | ||||
| acquisitions and divestitures: | ||||
| Receivables, net | 492 | (599) | (115) | |
| Inventories, net | (116) | (129) | (556) | |
| Accounts payable | 793 | 505 | 300 | |
| Other current assets | (42) | 217 | (374) | |
| Other current liabilities | 62 | (1,160) | 648 | |
| Change in pension and postretirement assets | ||||
| and liabilities, net | (126) | 56 | (354) | |
| Net cash provided by operating activities | 6,410 | 3,923 | 4,520 |
TABLE42
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE42 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| CASH PROVIDED BY / (USED IN) INVESTING | ||||
| ACTIVITIES | ||||
| Capital expenditures | (1,622) | (1,610) | (1,771) | |
| Acquisitions, net of cash received | (119) | - 0 | - 0 | |
| Proceeds from divestitures, net of | ||||
| disbursements | 60 | 200 | - 0 | |
| Cash received from / (transferred to) Kraft | ||||
| Foods Group related to the Spin-Off | 55 | (410) | - 0 | |
| Proceeds from sale of property, plant and | ||||
| equipment and other | 143 | 133 | 43 | |
| Net cash used in investing activities | (1,483) | (1,687) | (1,728) |
TABLE43
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE43 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| CASH PROVIDED BY / (USED IN) FINANCING | ||||
| ACTIVITIES | ||||
| Issuances of commercial paper, maturities | ||||
| greater than 90 days | 1,329 | 1,579 | 1,125 | |
| Repayments of commercial paper, maturities | ||||
| greater than 90 days | (607) | (1,581) | (1,228) | |
| Net issuance / (repayments) of other | ||||
| short-term borrowings, net | 655 | 95 | (462) | |
| Long-term debt proceeds | 3,248 | 6,775 | 36 | |
| Long-term debt repaid | (7,559) | (4,495) | (1,114) | |
| Repurchase of Common Stock | (2,900) | - 0 | - 0 | |
| Dividends paid | (943) | (2,058) | (2,043) | |
| Other | 132 | (111) | 511 | |
| Net cash (used in) / provided by financing | ||||
| activities | (6,645) | 204 | (3,175) | |
| Effect of exchange rate changes on cash and | ||||
| cash equivalents | (93) | 61 | (124) | |
| Cash and cash equivalents: | ||||
| Increase / (decrease) | (1,811) | 2,501 | (507) | |
| Balance at beginning of period | 4,475 | 1,974 | 2,481 | |
| Balance at end of period | $ 2,664 | $ 4,475 | $ 1,974 | |
| Cash paid: | ||||
| Interest | $ 1,124 | $ 2,406 | $ 2,031 | |
| Income taxes | $ 760 | $ 1,057 | $ 932 |
INCOME_STATEMENT2
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| INCOME_STATEMENT2 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Consolidated Statement of Earnings | |||||||
| For the Years Ended December 31, | |||||||
| 2012 | 2011 | ||||||
| Reported | Correction | Revised | Reported | Correction | Revised | ||
| (in millions, except per share data) | |||||||
| Provision for income taxes | 207 | (39) | 168 | 143 | (27) | 116 | |
| Earnings from continuing | |||||||
| operations | 1,567 | 39 | 1,606 | 1,737 | 27 | 1,764 | |
| Net earnings | 3,055 | 39 | 3,094 | 3,547 | 27 | 3,574 | |
| Net earnings attributable to | |||||||
| Mondel?z International | 3,028 | 39 | 3,067 | 3,527 | 27 | 3,554 | |
| Net earnings attributable to | |||||||
| Mondel?z International: | |||||||
| Per share, basic | |||||||
| (continuing operations) | $ 0.87 | $ 0.03 | $ 0.90 | $ 0.97 | $ 0.02 | $ 0.99 | |
| Per share, diluted | |||||||
| (continuing operations) | $ 0.86 | $ 0.02 | $ 0.88 | $ 0.97 | $ 0.02 | $ 0.99 | |
| Net earnings attributable to | |||||||
| Mondel?z International: | |||||||
| Per share, basic | $ 1.70 | $ 0.03 | $ 1.73 | $ 2.00 | $ 0.01 | $ 2.01 | |
| Per share, diluted | $ 1.69 | $ 0.02 | $ 1.71 | $ 1.99 | $ 0.02 | $ 2.01 |
TABLE44
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE44 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Consolidated Statement of Comprehensive Earnings | |||||||
| For the Years Ended December 31, | |||||||
| 2012 | 2011 | ||||||
| Reported | Correction | Revised | Reported | Correction | Revised | ||
| (in millions) | |||||||
| Net earnings | 3,055 | 39 | 3,094 | 3,547 | 27 | 3,574 | |
| Translation adjustment | 791 | (32) | 759 | (1,245) | - 0 | (1,245) | |
| Total other comprehensive losses | (298) | (32) | (330) | (2,757) | - 0 | (2,757) | |
| Comprehensive earnings | 2,757 | 7 | 2,764 | 790 | 27 | 817 | |
| Comprehensive earnings attributable to | |||||||
| Mondel?z International | 2,724 | 7 | 2,731 | 780 | 27 | 807 |
BALANCE_SHEET2
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| BALANCE_SHEET2 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Consolidated Balance Sheet | ||||
| As of December 31, | ||||
| 2012 | ||||
| Reported | Correction | Revised | ||
| (in millions) | ||||
| Current deferred income taxes | 542 | 51 | 593 | |
| Total current assets | 15,622 | 51 | 15,673 | |
| Goodwill | 25,801 | (61) | 25,740 | |
| Other assets | 1,475 | 9 | 1,484 | |
| Total Assets | 75,478 | (1) | 75,477 | |
| Other current liabilities | 2,858 | (3) | 2,855 | |
| Total current liabilities | 14,873 | (3) | 14,870 | |
| Non-current deferred income taxes | 6,302 | (67) | 6,235 | |
| Other liabilities | 3,038 | 8 | 3,046 | |
| Total Liabilities | 43,123 | (62) | 43,061 | |
| Retained earnings | 10,457 | 94 | 10,551 | |
| Accumulated other comprehensive losses | (2,633) | (33) | (2,666) | |
| Total Mondel?z International Shareholders' Equity | 32,215 | 61 | 32,276 |
CASH_FLOW2
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| CASH_FLOW2 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Consolidated Statements of Cash Flows | |||||||
| For the Years Ended December 31, | |||||||
| 2012 | 2011 | ||||||
| Reported | Correction | Revised | Reported | Correction | Revised | ||
| (in millions) | |||||||
| Net earnings | 3,055 | 39 | 3,094 | 3,547 | 27 | 3,574 | |
| Deferred income tax | |||||||
| (benefit) / provision | 410 | (41) | 369 | (351) | - 0 | (351) | |
| Other non-cash expense, | |||||||
| net | 48 | (4) | 44 | 81 | 1 | 82 | |
| Change in other current | |||||||
| liabilities | (1,166) | 6 | (1,160) | 676 | (28) | 648 | |
| Net cash provided by | |||||||
| operating activities | 3,923 | - 0 | 3,923 | 4,520 | - 0 | 4,520 |
TABLE45
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE45 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Fourth Quarter Ended | Nine Months Ended | Year Ended | ||
| December 31, 2013 | October 1, 2012 | December 31, 2011 | ||
| (in millions) | ||||
| Net revenues | - 0 | $ 13,768 | $ 18,555 | |
| Earnings before income taxes | $ 2,522 | $ 2,266 | $ 2,892 | |
| Provision for income taxes | 919 | 778 | 1,082 | |
| Earnings from discontinued operations, net of income taxes | $ 1,603 | $ 1,488 | $ 1,810 |
TABLE46
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE46 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Nine Months Ended | Year Ended | |||
| October 1, 2012 | December 31, 2011 | |||
| (in millions) | ||||
| $ 6.00 | billion note issuance in June 2012 | $ 70 | $ - 0 | |
| $ 3.60 | billion notes exchanged in July 2012 | 171 | 226 | |
| $ 0.40 | billion debt transferred in October 2012 | 24 | 31 | |
| Capital leases and other | 13 | 10 | ||
| $ 278 | $ 267 |
TABLE47
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE47 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| Assets | ||
| Cash | $ 247 | |
| Receivables | 1,685 | |
| Inventories, net | 2,099 | |
| Deferred income taxes | 338 | |
| Other current assets | 168 | |
| Property, plant and equipment, net | 4,211 | |
| Goodwill | 11,911 | |
| Intangible assets, net | 2,632 | |
| Prepaid pension assets | 16 | |
| Other assets | 856 | |
| $ 24,163 | ||
| Liabilities | ||
| Current portion of long-term debt | $6 | |
| Accounts payable | 1,798 | |
| Accrued marketing | 463 | |
| Accrued employment costs | 190 | |
| Other current liabilities | 751 | |
| Long-term debt | 9,965 | |
| Deferred income taxes | 874 | |
| Accrued pension costs | 2,026 | |
| Accrued postretirement health care costs | 3,316 | |
| Other liabilities | 416 | |
| $ 19,805 | ||
| Net assets divested in the Spin-Off | $ 4,358 |
TABLE48
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE48 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| For the Years Ended | ||||
| December 31, | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Selling, general and administrative expenses | $ 62 | $ 444 | $ 46 | |
| Interest and other expense, net | - 0 | 609 | - 0 | |
| Spin-Off Costs | $ 62 | $ 1,053 | $ 46 |
TABLE49
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE49 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Note 3. Inventories | |||
| Inventories at December 31, 2013 and 2012 were: | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Raw materials | $ 1,165 | $ 1,213 | |
| Finished product | 2,578 | 2,528 | |
| Inventories, net | $ 3,743 | $ 3,741 |
TABLE50
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE50 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Note 4. Property, Plant and Equipment | |||
| Property, plant and equipment at December 31, 2013 and 2012 were: | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Land and land improvements | $ 617 | $ 643 | |
| Buildings and building improvements | 3,270 | 3,199 | |
| Machinery and equipment | 12,351 | 11,992 | |
| Construction in progress | 1,376 | 1,022 | |
| 17,614 | 16,856 | ||
| Accumulated depreciation | (7,367) | (6,846) | |
| Property, plant and equipment, net | $ 10,247 | $ 10,010 |
TABLE51
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE51 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Note 5. Goodwill and Intangible Assets | |||
| At December 31, 2013 and 2012, goodwill by reportable segment, revised to | |||
| reflect our new segment structure, was: | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Latin America | $ 1,262 | $ 1,381 | |
| Asia Pacific | 2,504 | 2,729 | |
| EEMEA | 2,764 | 2,763 | |
| Europe | 10,026 | 9,767 | |
| North America | 9,041 | 9,100 | |
| Goodwill | $ 25,597 | $ 25,740 |
TABLE52
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE52 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Non-amortizable intangible assets | $ 20,067 | $ 20,408 | |
| Amortizable intangible assets | 2,852 | 2,861 | |
| 22,919 | 23,269 | ||
| Accumulated amortization | (925) | (717) | |
| Intangible assets, net | $ 21,994 | $ 22,552 |
TABLE53
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE53 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| 2013 | 2012 | ||||
| Intangible | Intangible | ||||
| Goodwill | Assets, at cost | Goodwill | Assets, at cost | ||
| (in millions) | |||||
| Balance at January 1 | $ 25,740 | $ 23,269 | $ 37,234 | $ 25,712 | |
| Changes due to: | |||||
| Foreign currency | (336) | (390) | 438 | 262 | |
| Divestitures | (13) | (7) | (11,932) | (2,669) | |
| Asset impairments | - 0 | - 0 | - 0 | (52) | |
| Acquisitions | 209 | 48 | - 0 | 14 | |
| Other | (3) | (1) | - 0 | 2 | |
| Balance at December 31 | $ 25,597 | $ 22,919 | $ 25,740 | $ 23,269 |
TABLE54
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE54 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Severance | ||||
| and related | Asset | |||
| costs | Write-downs | Total | ||
| (in millions) | ||||
| Liability balance, January 1, 2012 | $ - 0 | $ - 0 | $ - 0 | |
| Charges | 84 | 18 | 102 | |
| Cash spent | (33) | - 0 | (33) | |
| Non-cash settlements | (15) | (18) | (33) | |
| Liability balance, December 31, 2012 | $ 36 | $ - 0 | $ 36 | |
| Charges | 176 | 91 | 267 | |
| Cash spent | (108) | - 0 | (108) | |
| Non-cash settlements | (36) | (91) | (127) | |
| Liability balance, December 31, 2013 | $ 68 | $ - 0 | $ 68 |
TABLE55
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE55 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Restructuring and Implementation Costs by Segment: | |||||||
| During 2013 and 2012, we recorded restructuring and implementation costs within | |||||||
| operating income as follows: | |||||||
| For the Year Ended December 31, 2013 | For the Year Ended December 31, 2012 | ||||||
| Restructuring | Implementation | Restructuring | Implementation | ||||
| Costs | Costs | Total | Costs | Costs | Total | ||
| (in millions) | (in millions) | ||||||
| Latin America | $ 21 | $ - 0 | $ 21 | $7 | $ - 0 | $7 | |
| Asia Pacific | 2 | - 0 | 2 | - 0 | - 0 | - 0 | |
| EEMEA | 12 | 2 | 14 | - 0 | - 0 | - 0 | |
| Europe | 95 | 36 | 131 | 6 | - 0 | 6 | |
| North America | 135 | 25 | 160 | 89 | 8 | 97 | |
| Corporate | 2 | - 0 | 2 | - 0 | - 0 | - 0 | |
| Total | $ 267 | $ 63 | $ 330 | $ 102 | $8 | $ 110 |
TABLE56
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE56 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Balance at January 1 | $ 202 | $ 346 | |
| Charges | 216 | 140 | |
| Cash spent | (255) | (281) | |
| Currency / other | (18) | (3) | |
| Balance at December 31 | $ 145 | $ 202 |
TABLE57
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE57 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| Note 8. Debt and Borrowing Arrangements | ||||||
| Short-Term Borrowings: | ||||||
| At December 31, 2013 and 2012, our short-term borrowings and related | ||||||
| weighted-average interest rates consisted of: | ||||||
| 2013 | 2012 | |||||
| Amount | Weighted- | Amount | Weighted- | |||
| Outstanding | Average Rate | Outstanding | Average Rate | |||
| (in millions) | (in millions) | |||||
| Commercial paper | $ 1,410 | 0.40% | $ - 0 | - 0 | ||
| Bank loans | 226 | 7.00% | 274 | 7.20% | ||
| Total short-term borrowings | $ 1,636 | $ 274 |
TABLE58
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE58 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Long-Term Debt: | |||
| At December 31, 2013 and 2012, our long-term debt consisted of (interest rates | |||
| were as of December 31, 2013): | |||
| 2013 | 2012 | ||
| (in millions) | |||
| U.S. dollar notes, 4.125% to 7.00% (average effective | |||
| rate 6.08%), | |||
| due through 2040 | $ 9,907 | $ 16,887 | |
| Euro notes, 0.72% to 6.25% (average effective rate | |||
| 3.04%), | |||
| due through 2021 | 4,448 | 1,119 | |
| Pound sterling notes, 5.375% to 7.25% (average | |||
| effective rate 4.94%), | |||
| due through 2018 | 1,116 | 1,109 | |
| Other foreign currency obligations | 12 | 32 | |
| Capital leases and other | 2 | 4 | |
| Total | 15,485 | 19,151 | |
| Less current portion of long-term debt | (1,003) | (3,577) | |
| Long-term debt | $ 14,482 | $ 15,574 |
TABLE59
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE59 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Interest and Other Expense, Net: | ||||
| Interest and other expense, net within our results of continuing operations | ||||
| consisted of: | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Interest expense, debt | $ 1,017 | $ 1,177 | $ 1,383 | |
| Loss on debt extinguishment and related | ||||
| expenses | $ 612 | $ - 0 | $ - 0 | |
| Spin-Off-related financing fees | - 0 | 609 | - 0 | |
| Other expense / (income), net | (50) | 77 | 235 | |
| Total interest and other expense, net | $ 1,579 | $ 1,863 | $ 1,618 |
TABLE60
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE60 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Note 9. Financial Instruments | |||||
| Fair Value of Derivative Instruments: | |||||
| Derivative instruments were recorded at fair value in the consolidated balance | |||||
| sheets as of December 31, 2013 and 2012 as follows: | |||||
| 2013 | 2012 | ||||
| Derivative | Derivative | Derivative | Derivative | ||
| Assets | Liabilities | Assets | Liabilities | ||
| (in millions) | |||||
| Derivatives designated as | |||||
| hedging instruments: | |||||
| Foreign exchange contracts | $3 | $ 11 | $6 | $ 10 | |
| Commodity contracts | 2 | 3 | 3 | 34 | |
| Interest rate contracts | 209 | - 0 | 16 | - 0 | |
| $ 214 | $ 14 | $ 25 | $ 44 | ||
| Derivatives not designated as | |||||
| hedging instruments: | |||||
| Foreign exchange contracts | $ 84 | $8 | $ 16 | $ 33 | |
| Commodity contracts | 60 | 51 | 106 | 103 | |
| Interest rate contracts | 64 | 38 | 93 | 61 | |
| $ 208 | $ 97 | $ 215 | $ 197 | ||
| Total fair value | $ 422 | $ 111 | $ 240 | $ 241 |
TABLE61
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE61 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Quoted Prices in | |||||
| Active Markets | Significant | Significant | |||
| Total | for Identical | Other Observable | Unobservable | ||
| Fair Value of Net | Assets | Inputs | Inputs | ||
| Asset / (Liability) | (Level 1) | (Level 2) | (Level 3) | ||
| (in millions) | |||||
| Foreign exchange contracts | $ 68 | $ - 0 | $ 68 | $ - 0 | |
| Commodity contracts | 8 | (4) | 12 | - 0 | |
| Interest rate contracts | 235 | - 0 | 235 | - 0 | |
| Total derivatives | $ 311 | $ (4) | $ 315 | $ - 0 |
TABLE62
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE62 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Quoted Prices in | |||||
| Active Markets | Significant | Significant | |||
| Total | for Identical | Other Observable | Unobservable | ||
| Fair Value of Net | Assets | Inputs | Inputs | ||
| Asset / (Liability) | (Level 1) | (Level 2) | (Level 3) | ||
| (in millions) | |||||
| Foreign exchange contracts | $ (21) | $ - 0 | $ (21) | $ - 0 | |
| Commodity contracts | (28) | (53) | 25 | - 0 | |
| Interest rate contracts | 48 | - 0 | 48 | - 0 | |
| Total derivatives | $ (1) | $ (53) | $ 52 | $ - 0 |
TABLE63
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE63 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Derivative Volume: | |||
| The net notional values of our derivative instruments as of December 31, 2013 | |||
| and 2012 were: | |||
| Notional Amount | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Foreign exchange contracts: | |||
| Intercompany loans and forecasted interest payments | $ 4,369 | $ 3,743 | |
| Forecasted transactions | 2,565 | 1,663 | |
| Commodity contracts | 805 | 620 | |
| Interest rate contracts | 2,273 | 2,259 | |
| Net investment hedge - euro notes | 4,466 | 1,121 | |
| Net investment hedge - pound sterling notes | 1,076 | 1,057 |
TABLE64
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE64 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Cash Flow Hedges: | ||||
| Cash flow hedge activity, net of taxes, within accumulated other comprehensive | ||||
| earnings / (losses) included: | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Accumulated gain / (loss) at January 1 | $ (38) | $ (297) | $ 79 | |
| Transfer of realized (gains) / losses | ||||
| in fair value to earnings | 53 | 312 | 118 | |
| Unrealized gain / (loss) in fair value | 102 | (75) | (444) | |
| Discontinued operations | - 0 | (134) | (50) | |
| Impact of Spin-Off | - 0 | 156 | - 0 | |
| Accumulated gain / (loss) at December 31 | $ 117 | $ (38) | $ (297) |
TABLE65
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE65 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Foreign exchange contracts - | ||||
| intercompany loans | $ - 0 | $ - 0 | $2 | |
| Foreign exchange contracts - forecasted | ||||
| transactions | (26) | 58 | (38) | |
| Commodity contracts | (23) | (10) | 19 | |
| Interest rate contracts | (4) | (360) | (101) | |
| Total | $ (53) | $ (312) | $ (118) |
TABLE66
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE66 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Foreign exchange contracts - | ||||
| intercompany loans | $ - 0 | $ - 0 | $1 | |
| Foreign exchange contracts - forecasted | ||||
| transactions | (23) | (16) | 12 | |
| Commodity contracts | 3 | (24) | (22) | |
| Interest rate contracts | 122 | (35) | (435) | |
| Total | $ 102 | $ (75) | $ (444) |
TABLE67
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE67 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Commodity contracts | $1 | $ (3) | $ (4) | |
| Interest rate contracts | - 0 | (23) | (2) | |
| Total | $1 | $ (26) | $ (6) |
TABLE68
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE68 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Commodity contracts | $ - 0 | $ - 0 | $ (17) | |
| Interest rate contracts | - 0 | (556) | (156) | |
| Total | $ - 0 | $ (556) | $ (173) |
TABLE69
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE69 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Fair Value Hedges: | ||||
| Pre-tax gains / (losses) from continuing operations due to changes in fair value | ||||
| of our interest rate swaps and related hedged long-term debt were recorded in | ||||
| interest and other expense, net: | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Derivatives | $ - 0 | $ (2) | $ (6) | |
| Borrowings | - 0 | 2 | 6 |
TABLE70
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE70 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Economic Hedges: | |||||
| Pre-tax gains / (losses) recorded in net earnings from continuing operations for | |||||
| economic hedges which are not designated as hedging instruments were: | |||||
| Location of | |||||
| Gain / (Loss) | |||||
| Recognized | |||||
| 2013 | 2012 | 2011 | in Earnings | ||
| (in millions) | |||||
| Foreign exchange contracts: | |||||
| Intercompany loans and | |||||
| forecasted interest payments | $ 18 | $ 24 | $ 34 | Interest expense | |
| Forecasted transactions | 65 | 7 | 4 | Cost of sales | |
| Forecasted transactions | 9 | (17) | 3 | Interest expense | |
| Selling, general | |||||
| and administrative | |||||
| Forecasted transactions | 4 | - 0 | - 0 | expenses | |
| Interest rate contracts | - 0 | 3 | (3) | Interest expense | |
| Commodity contracts | 65 | 100 | 135 | Cost of sales | |
| Total | $ 161 | $ 117 | $ 173 |
TABLE71
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE71 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Hedges of Net Investments in Foreign Operations: | |||||
| After-tax gains / (losses) from continuing operations related to hedges of net | |||||
| investments in foreign operations in the form of euro and pound | |||||
| sterling-denominated debt were: | |||||
| Location of | |||||
| Gain / (Loss) | |||||
| 2013 | 2012 | 2011 | Recognized in AOCI | ||
| (in millions) | |||||
| Currency | |||||
| Euro notes | $ (50) | $ (41) | $ 77 | Translation | |
| Pound sterling notes | (13) | (29) | 3 | Adjustment |
TABLE72
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE72 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Note 10. Benefit Plans | |||||
| Pension Plans | |||||
| Obligations and Funded Status: | |||||
| The projected benefit obligations, plan assets and funded status of our pension | |||||
| plans at December 31, 2013 and 2012 were: | |||||
| U.S. Plans | Non-U.S. Plans | ||||
| 2013 | 2012 | 2013 | 2012 | ||
| (in millions) | |||||
| Benefit obligation at January 1 | $ 1,389 | $ 7,472 | $ 9,786 | $ 9,581 | |
| Service cost | 71 | 142 | 172 | 172 | |
| Interest cost | 60 | 275 | 358 | 425 | |
| Benefits paid | (14) | (241) | (420) | (459) | |
| Settlements paid | (59) | (211) | - 0 | - 0 | |
| Actuarial (gains) / losses | (182) | 1,157 | (184) | 1,060 | |
| Spin-Off impact | - 0 | (7,207) | - 0 | (1,387) | |
| Currency | - 0 | - 0 | 183 | 350 | |
| Other | 1 | 2 | 25 | 44 | |
| Benefit obligation at December 31 | 1,266 | 1,389 | 9,920 | 9,786 | |
| Fair value of plan assets at | |||||
| January 1 | 903 | 5,829 | 7,381 | 7,600 | |
| Actual return on plan assets | 111 | 663 | 675 | 684 | |
| Contributions | 178 | 349 | 350 | 353 | |
| Benefits paid | (14) | (241) | (420) | (459) | |
| Settlements paid | (59) | (211) | - 0 | - 0 | |
| Spin-Off impact | - 0 | (5,486) | - 0 | (1,064) | |
| Currency | - 0 | - 0 | 136 | 267 | |
| Other | (1) | - 0 | - 0 | - 0 | |
| Fair value of plan assets at | |||||
| December 31 | 1,118 | 903 | 8,122 | 7,381 | |
| Net pension liability recognized | |||||
| at | |||||
| December 31 | $ (148) | $ (486) | $ (1,798) | $ (2,405) |
TABLE73
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE73 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Prepaid pension assets | $ 54 | $ 18 | |
| Other accrued liabilities | (38) | (24) | |
| Accrued pension costs | (1,962) | (2,885) | |
| $ (1,946) | $ (2,891) |
TABLE74
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE74 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| U.S. Plans | Non-U.S. Plans | ||||
| 2013 | 2012 | 2013 | 2012 | ||
| (in millions) | |||||
| Projected benefit obligation | $ 86 | $ 1,389 | $ 8,379 | $ 9,539 | |
| Accumulated benefit obligation | 73 | 1,218 | 8,197 | 9,230 | |
| Fair value of plan assets | 2 | 903 | 6,571 | 7,119 |
TABLE75
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE75 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| U.S. Plans | Non-U.S. Plans | ||||
| 2013 | 2012 | 2013 | 2012 | ||
| Discount rate | 5.10% | 4.20% | 4.00% | 3.81% | |
| Expected rate of return on plan assets | 7.75% | 7.75% | 6.18% | 6.08% | |
| Rate of compensation increase | 4.00% | 4.00% | 3.61% | 3.47% |
TABLE76
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE76 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Components of Net Pension Cost: | |||||||
| Net pension cost consisted of the following for the years ended December 31, | |||||||
| 2013, 2012, and 2011: | |||||||
| U.S. Plans | Non-U.S. Plans | ||||||
| 2013 | 2012 | 2011 | 2013 | 2012 | 2011 | ||
| (in millions) | |||||||
| Service cost | $ 71 | $ 142 | $ 146 | $ 172 | $ 172 | $ 170 | |
| Interest cost | 60 | 275 | 364 | 358 | 425 | 458 | |
| Expected return on plan assets | (67) | (358) | (496) | (435) | (494) | (536) | |
| Amortization: | |||||||
| Net loss from experience differences | 55 | 253 | 225 | 136 | 121 | 101 | |
| Prior service cost | 2 | 6 | 7 | 1 | 3 | 2 | |
| Other expenses | 1 | 113 | 105 | 3 | 22 | 14 | |
| Net pension costs related to discontinued | |||||||
| operations | - 0 | (263) | (233) | - 0 | (29) | (29) | |
| Net pension cost included in continuing | |||||||
| operations | $ 122 | $ 168 | $ 118 | $ 235 | $ 220 | $ 180 |
TABLE77
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE77 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| U.S. Plans | Non-U.S. Plans | ||||||
| 2013 | 2012 | 2011 | 2013 | 2012 | 2011 | ||
| Discount rate | 4.20% | 4.56% | 5.53% | 3.81% | 4.62% | 5.11% | |
| Expected rate of return | |||||||
| on plan assets | 7.75% | 8.00% | 7.95% | 6.08% | 6.47% | 6.77% | |
| Rate of compensation | |||||||
| increase | 4.00% | 4.00% | 4.00% | 3.47% | 3.58% | 3.68% |
TABLE78
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE78 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Plan Assets: | |||||
| The fair value of pension plan assets at December 31, 2013 was determined using | |||||
| the following fair value measurements: | |||||
| Quoted Prices | Significant | ||||
| in Active Markets | Other | Significant | |||
| for Identical | Observable | Unobservable | |||
| Total Fair | Assets | Inputs | Inputs | ||
| Asset Category | Value | (Level 1) | (Level 2) | (Level 3) | |
| (in millions) | |||||
| U.S. equity securities | $ 104 | $ 104 | $ - 0 | $ - 0 | |
| Non-U.S. equity securities | 665 | 665 | - 0 | - 0 | |
| Pooled funds-equity securities | 2,571 | 799 | 1,772 | - 0 | |
| Total equity securities | 3,340 | 1,568 | 1,772 | - 0 | |
| Government bonds | 1,560 | 308 | 1,252 | - 0 | |
| Pooled funds-fixed-income securities | 1,176 | 311 | 850 | 15 | |
| Corporate bonds and other fixed-income securities | 1,350 | 108 | 462 | 780 | |
| Total fixed-income securities | 4,086 | 727 | 2,564 | 795 | |
| Real estate | 381 | 110 | 4 | 267 | |
| Hedge funds | 820 | - 0 | - 0 | 820 | |
| Private equity | 227 | - 0 | - 0 | 227 | |
| Cash | 251 | 251 | - 0 | - 0 | |
| Other | 54 | - 0 | 54 | - 0 | |
| Total | $ 9,159 | $ 2,656 | $ 4,394 | $ 2,109 |
TABLE79
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE79 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Quoted Prices | Significant | ||||
| in Active Markets | Other | Significant | |||
| for Identical | Observable | Unobservable | |||
| Total Fair | Assets | Inputs | Inputs | ||
| Asset Category | Value | (Level 1) | (Level 2) | (Level 3) | |
| (in millions) | |||||
| U.S. equity securities | $ 186 | $ 185 | $1 | $ - 0 | |
| Non-U.S. equity securities | 932 | 932 | - 0 | - 0 | |
| Pooled funds-equity securities | 1,673 | 590 | 1,083 | - 0 | |
| Total equity securities | 2,791 | 1,707 | 1,084 | - 0 | |
| Government bonds | 1,440 | 209 | 1,231 | - 0 | |
| Pooled funds-fixed-income securities | 963 | 285 | 668 | 10 | |
| Corporate bonds and other fixed-income securities | 1,969 | 210 | 965 | 794 | |
| Total fixed-income securities | 4,372 | 704 | 2,864 | 804 | |
| Real estate | 342 | 97 | 6 | 239 | |
| Hedge funds | 263 | - 0 | - 0 | 263 | |
| Private equity | 210 | - 0 | - 0 | 210 | |
| Cash | 210 | 210 | - 0 | - 0 | |
| Other | 17 | - 0 | 17 | - 0 | |
| Total | $ 8,205 | $ 2,718 | $ 3,971 | $ 1,516 |
TABLE80
| Created by EDGAR Online, Inc. | |||||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||||
| TABLE80 | |||||||||
| Form Type: 10-K | |||||||||
| Period End: Dec 31, 2013 | |||||||||
| Date Filed: Mar 03, 2014 | |||||||||
| January 1, | Net Realized | Net Purchases, | Net Transfers | December 31, | |||||
| 2013 | and Unrealized | Issuances and | Into/(Out of) | Currency | 2013 | ||||
| Asset Category | Balance | Gains/(Losses) | Settlements | Level 3 | Impact | Balance | |||
| (in millions) | |||||||||
| Pooled funds- fixed-income securities | $ 10 | $ (1) | $2 | $4 | $ - 0 | $ 15 | |||
| Corporate bond and other | |||||||||
| fixed-income securities | 794 | 17 | (48) | (1) | 18 | 780 | |||
| Real estate | 239 | 10 | 12 | - 0 | 6 | 267 | |||
| Hedge funds | 263 | (11) | 535 | - 0 | 33 | 820 | |||
| Private equity | 210 | 15 | (4) | - 0 | 6 | 227 | |||
| Total Level 3 investments | $ 1,516 | $ 30 | $ 497 | $3 | $ 63 | $ 2,109 |
TABLE81
| Created by EDGAR Online, Inc. | ||||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||||
| TABLE81 | ||||||||
| Form Type: 10-K | ||||||||
| Period End: Dec 31, 2013 | ||||||||
| Date Filed: Mar 03, 2014 | ||||||||
| January 1, | Net Realized | Net Purchases, | Net Transfers | December 31, | ||||
| 2012 | and Unrealized | Issuances and | Into/(Out of) | Currency | 2012 | |||
| Asset Category | Balance | Gains/(Losses) | Settlements | Level 3 | Impact | Balance | ||
| (in millions) | ||||||||
| Pooled funds- | ||||||||
| fixed-income securities | $7 | $ - 0 | $ - 0 | $3 | $ - 0 | $ 10 | ||
| Corporate bond and other | ||||||||
| fixed-income securities | 758 | 61 | (52) | (3) | 30 | 794 | ||
| Real estate | 255 | 9 | 149 | (181) | 7 | 239 | ||
| Hedge funds | 188 | 78 | (12) | - 0 | 9 | 263 | ||
| Private equity | 197 | 4 | 2 | (1) | 8 | 210 | ||
| Other | 6 | (6) | - 0 | - 0 | - 0 | - 0 | ||
| Total Level 3 investments | $ 1,411 | $ 146 | $ 87 | $ (182) | $ 54 | $ 1,516 |
TABLE82
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE82 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| U.S. Plans | Non-U.S. Plans | ||||
| Asset Category | 2013 | 2012 | 2013 | 2012 | |
| Equity securities | 53% | 57% | 34% | 31% | |
| Fixed-income securities | 44% | 40% | 45% | 54% | |
| Real estate | 3% | 3% | 4% | 4% | |
| Hedge funds | - 0 | - 0 | 10% | 4% | |
| Private equity | - 0 | - 0 | 3% | 3% | |
| Cash | - 0 | - 0 | 3% | 3% | |
| Other | - 0 | - 0 | 1% | 1% | |
| Total | 100% | 100% | 100% | 100% |
TABLE83
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE83 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Future Benefit Payments: | |||||||
| The estimated future benefit payments from our pension plans at December 31, | |||||||
| 2013 were (in millions): | |||||||
| Year ending: | 2014 | 2015 | 2016 | 2017 | 2018 | 2019-2023 | |
| U.S. Plans | $ 71 | $ 72 | $ 83 | $ 95 | $ 105 | $ 597 | |
| Non-U.S. Plans | $ 409 | $ 410 | $ 416 | $ 435 | $ 441 | $ 2,383 |
TABLE84
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE84 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| Expiration Date | ||||||
| Pension | FIP / RP | of Collective- | ||||
| EIN / Pension | Protection Act | Status Pending / | Surcharge | Bargaining | ||
| Pension Fund | Plan Number | Zone Status | Implemented | Imposed | Agreements | |
| Bakery and Confectionery | ||||||
| Union and Industry | ||||||
| International Pension Fund | 526118572 | Red | Implemented | Yes | 2/29/2016 |
TABLE85
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE85 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Postretirement Benefit Plans | |||
| Obligations: | |||
| Our postretirement health care plans are not funded. The changes in and the | |||
| amount of the accrued benefit obligation at December 31, 2013 and 2012 were: | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Accrued benefit obligation at January 1 | $ 458 | $ 3,453 | |
| Service cost | 15 | 35 | |
| Interest cost | 20 | 121 | |
| Benefits paid | (7) | (142) | |
| Plan amendments | (3) | (51) | |
| Currency | (7) | 8 | |
| Assumption changes | (56) | 519 | |
| Actuarial (gains) / losses | (4) | 47 | |
| Impact of Spin-Off | - 0 | (3,561) | |
| Other | 6 | 29 | |
| Accrued benefit obligation at December 31 | $ 422 | $ 458 |
TABLE86
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE86 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| U.S. Plans | Non-U.S. Plans | ||||
| 2013 | 2012 | 2013 | 2012 | ||
| Discount rate | 5.10% | 4.20% | 4.81% | 4.08% | |
| Health care cost trend rate | |||||
| assumed for next year | 7.00% | 7.50% | 4.76% | 6.47% | |
| Ultimate trend rate | 5.00% | 5.00% | 5.54% | 5.36% | |
| Year that the rate reaches | |||||
| the ultimate trend rate | 2018 | 2018 | 2019 | 2018 |
TABLE87
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE87 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| One-Percentage-Point | |||
| Increase | Decrease | ||
| (in millions) | |||
| Effect on postretirement benefit obligation | $ 66 | $ (53) | |
| Effect on annual service and interest cost | $6 | $ (5) |
TABLE88
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE88 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Components of Net Postretirement Health Care Costs: | ||||
| Net postretirement health care costs consisted of the following for the years | ||||
| ended December 31, 2013, 2012 and 2011: | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Service cost | $ 15 | $ 35 | $ 36 | |
| Interest cost | 20 | 121 | 165 | |
| Amortization: | ||||
| Net loss from experience differences | 12 | 65 | 60 | |
| Prior service credit | (12) | (31) | (32) | |
| Other(1) | - 0 | 29 | - 0 | |
| Net postretirement health care costs | ||||
| related to discontinued operations | - 0 | (135) | (163) | |
| Net postretirement health care costs | ||||
| included within continuing operations | $ 35 | $ 84 | $ 66 |
TABLE89
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE89 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| U.S. Plans | Non-U.S. Plans | ||||||
| 2013 | 2012 | 2011 | 2013 | 2012 | 2011 | ||
| Discount rate | 4.20% | 4.47% | 5.30% | 4.39% | 4.14% | 5.02% | |
| Health care cost trend rate | 7.50% | 7.00% | 7.50% | 6.47% | 6.21% | 7.62% |
TABLE90
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE90 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Future Benefit Payments: | |||||||
| Our estimated future benefit payments for our postretirement health care plans | |||||||
| at December 31, 2013 were (in millions): | |||||||
| Year ending: | 2014 | 2015 | 2016 | 2017 | 2018 | 2019-2023 | |
| U.S. Plans | $5 | $7 | $8 | $ 10 | $ 12 | $ 84 | |
| Non-U.S. Plans | $5 | $5 | $5 | $5 | $5 | $ 30 |
TABLE91
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE91 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Postemployment Benefit Plans | |||
| Obligations: | |||
| Our postemployment plans are primarily not funded. The changes in and the amount | |||
| of the accrued benefit obligation at December 31, 2013 and 2012 were: | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Accrued benefit obligation at January 1 | $ 100 | $ 166 | |
| Service cost | 8 | 12 | |
| Interest cost | 5 | 8 | |
| Benefits paid | (21) | (44) | |
| Assumption changes | (2) | 7 | |
| Actuarial losses | 13 | 14 | |
| Spin-Off Impact | - 0 | (63) | |
| Accrued benefit obligation at December 31 | $ 103 | $ 100 |
TABLE92
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE92 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Components of Net Postemployment Costs: | ||||
| Net postemployment costs consisted of the following for the years ended | ||||
| December 31, 2013, 2012 and 2011: | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Service cost | $8 | $ 12 | $ 11 | |
| Interest cost | 5 | 8 | 9 | |
| Amortization of net (gains) / losses | (1) | (3) | (2) | |
| Other | (1) | 3 | 33 | |
| Net postemployment costs related to | ||||
| discontinued operations | - 0 | (5) | (2) | |
| Net postemployment costs included in | ||||
| continuing operations | $ 11 | $ 15 | $ 49 |
TABLE93
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE93 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Expected | |||||||
| Risk-Free | Expected | Dividend | Fair Value | ||||
| Interest Rate | Expected Life | Volatility | Yield | at Grant Date | |||
| 2013 | 1.15% | 6 | years | 20.36% | 1.94% | $ 4.31 | |
| 2012 | 1.16% | 6 | years | 20.13% | 3.08% | $ 4.78 | |
| 2011 | 2.34% | 6 | years | 18.92% | 3.72% | $ 3.84 |
TABLE94
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE94 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| Average | |||||||
| Weighted- | Remaining | Aggregate | |||||
| Shares Subject | Average | Contractual | Intrinsic | ||||
| to Option | Exercise Price | Term | Value | ||||
| Balance at January 1, 2013 | 52,753,039 | $ 20.45 | |||||
| Options granted | 12,406,792 | 27.21 | |||||
| Options exercised | (7,185,616) | 19.41 | |||||
| Options cancelled | (2,190,776) | 23.86 | |||||
| Balance at December 31, 2013 | 55,783,439 | 21.96 | 7 | years | $ 744 | million | |
| Exercisable at December 31, 2013 | 31,036,120 | 19.40 | 6 | years | $ 494 | million |
TABLE95
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE95 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Weighted- | |||
| Average | |||
| Grant Date | |||
| Number of | Fair Value | ||
| Shares | Per Share | ||
| Balance at January 1, 2013 | 12,815,911 | $ 21.55 | |
| Granted | 5,231,437 | 25.63 | |
| Vested | (5,350,073) | 18.82 | |
| Forfeited | (1,048,688) | 23.23 | |
| Balance at December 31, 2013 | 11,648,587 | 24.48 |
TABLE96
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE96 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Note 13. Capital Stock | ||||
| Our amended and restated articles of incorporation authorize 5.0 billion shares | ||||
| of Class A common stock and 500 million shares of preferred stock. There were no | ||||
| preferred shares issued and outstanding at December 31, 2013, 2012 and 2011. | ||||
| Shares of Class A common stock issued, in treasury and outstanding were: | ||||
| Shares | ||||
| Shares Issued | Treasury Shares | Outstanding | ||
| Balance at January 1, 2011 | 1,996,537,778 | (248,471,229) | 1,748,066,549 | |
| Exercise of stock options and issuance of | ||||
| other stock awards | - 0 | 19,830,140 | 19,830,140 | |
| Balance at December 31, 2011 | 1,996,537,778 | (228,641,089) | 1,767,896,689 | |
| Exercise of stock options and issuance of | ||||
| other stock awards | - 0 | 10,099,153 | 10,099,153 | |
| Balance at December 31, 2012 | 1,996,537,778 | (218,541,936) | 1,777,995,842 | |
| Shares repurchased | (82,799,448) | (82,799,448) | ||
| Exercise of stock options and issuance of | ||||
| other stock awards | - 0 | 10,200,200 | 10,200,200 | |
| Balance at December 31, 2013 | 1,996,537,778 | (291,141,184) | 1,705,396,594 |
TABLE97
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE97 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| Note 14. Reclassifications from Accumulated Other Comprehensive Income | |||||
| The components of accumulated other comprehensive earnings / (losses) | |||||
| attributable to Mondel?z International were: | |||||
| Mondel?z International Shareholders' Equity | |||||
| Currency | Derivatives | ||||
| Translation | Pension and | Accounted for | |||
| Adjustments | Other Benefits | as Hedges | Total | ||
| (in millions) | |||||
| Balances at January 1, 2013 | $ (399) | $ (2,229) | $ (38) | $ (2,666) | |
| Other comprehensive earnings / | |||||
| (losses), before | |||||
| reclassifications: | |||||
| Currency translation adjustment | (952) | (29) | - 0 | (981) | |
| Pension and other benefits | - 0 | 713 | - 0 | 713 | |
| Derivatives accounted for | |||||
| as hedges | (99) | - 0 | 169 | 70 | |
| Losses / (gains) reclassified | |||||
| into | |||||
| net earnings | - 0 | 197 | 72 | 269 | |
| Tax (expense) / benefit | 36 | (244) | (86) | (294) | |
| Total other comprehensive | |||||
| earnings / (losses) | (223) | ||||
| Balances at December 31, 2013 | $ (1,414) | $ (1,592) | $ 117 | $ (2,889) |
TABLE98
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE98 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Location of | |||
| Gain / (Loss) | |||
| Recognized | |||
| 2013 | in Net Earnings | ||
| (in millions) | |||
| Pension and other benefits: | |||
| Reclassification of losses / (gains) into net | |||
| earnings: | |||
| Amortization of experience losses and prior | |||
| service costs(1) | $ 193 | ||
| Settlement losses(1) | 4 | ||
| Provision for income | |||
| Tax impact | (50) | taxes | |
| Derivatives accounted for as hedges: | |||
| Reclassification of losses / (gains) into net | |||
| earnings: | |||
| Foreign exchange contracts - forecasted | |||
| transactions | 28 | Cost of sales | |
| Commodity contracts | 38 | Cost of sales | |
| Interest and other | |||
| Interest rate contracts | 6 | expense, net | |
| Provision for income | |||
| Tax impact | (19) | taxes | |
| Total reclassifications into net earnings, net of | |||
| tax | 200 |
TABLE99
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE99 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Earnings / (losses) from continuing | ||||
| operations before income taxes: | ||||
| United States | $ (799) | $ (1,822) | $ (1,308) | |
| Outside United States | 3,191 | 3,596 | 3,188 | |
| Total | $ 2,392 | $ 1,774 | $ 1,880 | |
| Provision for income taxes: | ||||
| United States federal: | ||||
| Current | $ (489) | $ (420) | $ (404) | |
| Deferred | 103 | (43) | 10 | |
| (386) | (463) | (394) | ||
| State and local: | ||||
| Current | (35) | (17) | (39) | |
| Deferred | 22 | (40) | 46 | |
| (13) | (57) | 7 | ||
| Total United States | (399) | (520) | (387) | |
| Outside United States: | ||||
| Current | 648 | 896 | 983 | |
| Deferred | (189) | (208) | (480) | |
| Total outside United States | 459 | 688 | 503 | |
| Total provision for income taxes | $ 60 | $ 168 | $ 116 |
TABLE100
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE100 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| 2013 | 2012 | 2011 | ||
| U.S. federal statutory rate | 35.00% | 35.00% | 35.00% | |
| Increase / (decrease) resulting from: | ||||
| State and local income taxes, net of | ||||
| federal tax benefit excluding IRS audit | ||||
| impacts | -0.50% | -1.60% | 0.20% | |
| Foreign rate differences | -15.30% | -20.60% | -22.20% | |
| Reversal of other tax accruals no longer | ||||
| required | -9.60% | -4.30% | -4.90% | |
| Indemnification resolution | -4.70% | - 0 | - 0 | |
| Tax legislation | -2.20% | -3.90% | -3.80% | |
| Divestitures | -2.10% | 0.60% | - 0 | |
| Non-deductible expenses | 1.10% | 3.60% | 1.90% | |
| Other | 0.80% | 0.70% | - 0 | |
| Effective tax rate | 2.50% | 9.50% | 6.20% |
TABLE101
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE101 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Deferred income tax assets: | |||
| Accrued postretirement and postemployment benefits | $ 176 | $ 157 | |
| Accrued pension costs | 417 | 693 | |
| Loss carryforwards | 553 | 639 | |
| Other | 1,189 | 1,755 | |
| Total deferred income tax assets | 2,335 | 3,244 | |
| Valuation allowance | (335) | (426) | |
| Net deferred income tax assets | $ 2,000 | $ 2,818 | |
| Deferred income tax liabilities: | |||
| Trade names | $ (5,991) | $ (6,394) | |
| Property, plant and equipment | (995) | (972) | |
| Other | (590) | (896) | |
| Total deferred income tax liabilities | (7,576) | (8,262) | |
| Net deferred income tax liabilities | $ (5,576) | $ (5,444) |
TABLE102
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE102 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| January 1 | $ 1,164 | $ 1,522 | $ 1,256 | |
| Increases from positions taken during prior periods | 94 | 119 | 220 | |
| Decreases from positions taken during prior periods | (132) | (198) | (147) | |
| Increases from positions taken during the current period | 131 | 264 | 266 | |
| Decreases relating to settlements with taxing authorities | (7) | (257) | (17) | |
| Reductions resulting from the lapse of the applicable | ||||
| statute of limitations | (55) | (23) | (16) | |
| Impact of Spin-Off | - 0 | (261) | - 0 | |
| Currency / other | (6) | (2) | (40) | |
| December 31 | $ 1,189 | $ 1,164 | $ 1,522 |
TABLE103
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE103 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Note 16. Earnings Per Share | ||||
| Basic and diluted EPS from continuing and discontinued operations were | ||||
| calculated using the following: | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| (in millions, except per share data) | ||||
| Earnings from continuing operations | $ 2,332 | $ 1,606 | $ 1,764 | |
| Earnings from discontinued operations, | ||||
| net of income taxes | 1,603 | 1,488 | 1,810 | |
| Net earnings | 3,935 | 3,094 | 3,574 | |
| Noncontrolling interest | 20 | 27 | 20 | |
| Net earnings attributable to Mondel?z | ||||
| International | $ 3,915 | $ 3,067 | $ 3,554 | |
| Weighted-average shares for basic EPS | 1,774 | 1,777 | 1,765 | |
| Plus incremental shares from assumed | ||||
| conversions of | ||||
| stock options and long-term incentive plan | ||||
| shares | 15 | 12 | 7 | |
| Weighted-average shares for diluted EPS | 1,789 | 1,789 | 1,772 | |
| Basic earnings per share attributable to | ||||
| Mondel?z International: | ||||
| Continuing operations | $ 1.30 | $ 0.90 | $ 0.99 | |
| Discontinued operations | 0.91 | 0.83 | 1.02 | |
| Net earnings attributable to | ||||
| Mondel?z International | $ 2.21 | $ 1.73 | $ 2.01 | |
| Diluted earnings per share attributable to | ||||
| Mondel?z International: | ||||
| Continuing operations | $ 1.29 | $ 0.88 | $ 0.99 | |
| Discontinued operations | 0.90 | 0.83 | 1.02 | |
| Net earnings attributable to | ||||
| Mondel?z International | $ 2.19 | $ 1.71 | $ 2.01 |
TABLE104
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE104 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Net revenues: | ||||
| Latin America | $ 5,382 | $ 5,396 | $ 5,403 | |
| Asia Pacific | 4,952 | 5,164 | 4,864 | |
| EEMEA | 3,915 | 3,735 | 3,836 | |
| Europe | 14,059 | 13,817 | 14,874 | |
| North America | 6,991 | 6,903 | 6,833 | |
| Net revenues | $ 35,299 | $ 35,015 | $ 35,810 |
TABLE105
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE105 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Earnings from continuing operations before | ||||
| income taxes: | ||||
| Operating income: | ||||
| Latin America | $ 570 | $ 769 | $ 759 | |
| Asia Pacific | 512 | 657 | 682 | |
| EEMEA | 379 | 506 | 433 | |
| Europe | 1,699 | 1,762 | 1,586 | |
| North America | 889 | 781 | 787 | |
| Unrealized gains / (losses) on hedging | ||||
| activities | 62 | 1 | (36) | |
| General corporate expenses | (287) | (728) | (488) | |
| Amortization of intangibles | (217) | (217) | (225) | |
| Benefit from indemnification resolution | 336 | - 0 | - 0 | |
| Gains on acquisition and divestitures, net | 30 | 107 | - 0 | |
| Acquisition-related costs | (2) | (1) | - 0 | |
| Operating income | 3,971 | 3,637 | 3,498 | |
| Interest and other expense, net | (1,579) | (1,863) | (1,618) | |
| Earnings from continuing operations before | ||||
| income taxes | $ 2,392 | $ 1,774 | $ 1,880 |
TABLE106
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE106 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| As of December 31, | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Total assets: | |||
| Latin America | $ 6,860 | $ 7,018 | |
| Asia Pacific | 9,032 | 9,748 | |
| EEMEA | 7,045 | 7,105 | |
| Europe | 27,599 | 27,513 | |
| North America | 21,723 | 22,158 | |
| Unallocated assets (1) | 298 | 1,935 | |
| Total assets | $ 72,557 | $ 75,477 |
TABLE107
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE107 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Depreciation expense: | ||||
| Latin America | $ 107 | $ 98 | $ 105 | |
| Asia Pacific | 107 | 100 | 99 | |
| EEMEA | 88 | 77 | 90 | |
| Europe | 359 | 368 | 397 | |
| North America | 199 | 224 | 205 | |
| Total - continuing operations | 860 | 867 | 896 | |
| Discontinued operations | - 0 | 261 | 364 | |
| Total depreciation expense | $ 860 | $ 1,128 | $ 1,260 |
TABLE108
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE108 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Capital Expenditures: | ||||
| Latin America | $ 412 | $ 220 | $ 262 | |
| Asia Pacific | 268 | 250 | 195 | |
| EEMEA | 254 | 227 | 191 | |
| Europe | 478 | 414 | 443 | |
| North America | 210 | 217 | 279 | |
| Total - continuing operations | 1,622 | 1,328 | 1,370 | |
| Discontinued operations | - 0 | 282 | 401 | |
| Total capital expenditures | $ 1,622 | $ 1,610 | $ 1,771 |
TABLE109
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE109 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| For the Year Ended December 31, 2013 | |||||||
| Latin | Asia | North | |||||
| America | Pacific | EEMEA | Europe | America | Total | ||
| (in millions) | |||||||
| Biscuits | $ 1,287 | $ 1,311 | $ 678 | $ 2,990 | $ 5,406 | $ 11,672 | |
| Chocolate | 1,143 | 1,632 | 1,180 | 5,385 | 325 | 9,665 | |
| Gum & Candy | 1,380 | 849 | 673 | 968 | 1,187 | 5,057 | |
| Beverages | 907 | 470 | 1,113 | 3,340 | - 0 | 5,830 | |
| Cheese & Grocery | 665 | 690 | 271 | 1,376 | 73 | 3,075 | |
| Total net revenues | $ 5,382 | $ 4,952 | $ 3,915 | $ 14,059 | $ 6,991 | $ 35,299 |
TABLE110
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE110 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| For the Year Ended December 31, 2012 | |||||||
| Latin | Asia | North | |||||
| America | Pacific | EEMEA | Europe | America | Total | ||
| (in millions) | |||||||
| Biscuits | $ 1,207 | $ 1,374 | $ 595 | $ 2,761 | $ 5,212 | $ 11,149 | |
| Chocolate | 1,128 | 1,686 | 1,139 | 5,067 | 336 | 9,356 | |
| Gum & Candy | 1,434 | 899 | 726 | 999 | 1,280 | 5,338 | |
| Beverages | 953 | 453 | 1,025 | 3,411 | 1 | 5,843 | |
| Cheese & Grocery | 674 | 752 | 250 | 1,579 | 74 | 3,329 | |
| Total net revenues | $ 5,396 | $ 5,164 | $ 3,735 | $ 13,817 | $ 6,903 | $ 35,015 |
TABLE111
| Created by EDGAR Online, Inc. | |||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||
| TABLE111 | |||||||
| Form Type: 10-K | |||||||
| Period End: Dec 31, 2013 | |||||||
| Date Filed: Mar 03, 2014 | |||||||
| For the Year Ended December 31, 2011 | |||||||
| Latin | Asia | North | |||||
| America | Pacific | EEMEA | Europe | America | Total | ||
| (in millions) | |||||||
| Biscuits | $ 1,175 | $ 1,223 | $ 573 | $ 2,986 | $ 5,031 | $ 10,988 | |
| Chocolate | 1,096 | 1,614 | 1,231 | 5,272 | 352 | 9,565 | |
| Gum & Candy | 1,550 | 914 | 721 | 1,156 | 1,351 | 5,692 | |
| Beverages | 960 | 392 | 1,058 | 3,645 | 2 | 6,057 | |
| Cheese & Grocery | 622 | 721 | 253 | 1,815 | 97 | 3,508 | |
| Total net revenues | $ 5,403 | $ 4,864 | $ 3,836 | $ 14,874 | $ 6,833 | $ 35,810 |
TABLE112
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE112 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| For the Years Ended December 31, | ||||
| 2013 | 2012 | 2011 | ||
| (in millions) | ||||
| Net revenues: | ||||
| United States | $ 5,965 | $ 5,974 | $ 5,848 | |
| Other | 29,334 | 29,041 | 29,962 | |
| Total net revenues | $ 35,299 | $ 35,015 | $ 35,810 |
TABLE113
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE113 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| As of December 31, | |||
| 2013 | 2012 | ||
| (in millions) | |||
| Long-lived assets: | |||
| United States | $ 17,948 | $ 18,160 | |
| Other | 41,393 | 41,644 | |
| Total long-lived assets | $ 59,341 | $ 59,804 |
TABLE114
| Created by EDGAR Online, Inc. | |||||||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||||||
| TABLE114 | |||||||||||
| Form Type: 10-K | |||||||||||
| Period End: Dec 31, 2013 | |||||||||||
| Date Filed: Mar 03, 2014 | |||||||||||
| Note 18. Quarterly Financial Data (Unaudited) | |||||||||||
| Our summarized operating results by quarter are detailed below. See Note 1, | |||||||||||
| Summary of Significant Accounting Policies, for additional information on the | |||||||||||
| revision of previously reported financial information. | |||||||||||
| 2013 Quarters | |||||||||||
| First | Second | Third | Fourth | ||||||||
| Reported | Correction | Revised | Reported | Correction | Revised | Reported | Correction | Revised | |||
| (in millions, except per share data) | |||||||||||
| Net revenues | $ 8,744 | $ - 0 | $ 8,744 | $ 8,595 | $ - 0 | $ 8,595 | $ 8,472 | $ - 0 | $ 8,472 | $ 9,488 | |
| Gross profit | $ 3,242 | $ - 0 | $ 3,242 | $ 3,231 | $ - 0 | $ 3,231 | $ 3,144 | $ - 0 | $ 3,144 | $ 3,493 | |
| Provision for income taxes | $ (19) | $ 32 | $ 13 | $ 13 | $ 15 | $ 28 | $ 14 | $ 12 | $ 26 | $ (7) | |
| Earnings from continuing operations | $ 574 | $ (32) | $ 542 | $ 617 | $ (15) | $ 602 | $ 1,030 | $ (12) | $ 1,018 | $ 170 | |
| Earnings from discontinued operations, | |||||||||||
| net of income taxes | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ - 0 | $ 1,603 | |
| Net earnings | $ 574 | $ (32) | $ 542 | $ 617 | $ (15) | $ 602 | $ 1,030 | $ (12) | $ 1,018 | $ 1,773 | |
| Noncontrolling interest | 6 | - 0 | 6 | 1 | - 0 | 1 | 6 | - 0 | 6 | 7 | |
| Net earnings attributable to Mondel?z International | $ 568 | $ (32) | $ 536 | $ 616 | $ (15) | $ 601 | $ 1,024 | $ (12) | $ 1,012 | $ 1,766 | |
| Weighted-average shares for diluted EPS | 1,798 | - 0 | 1,798 | 1,803 | - 0 | 1,803 | 1,794 | - 0 | 1,794 | 1,761 | |
| Per share data: | |||||||||||
| Basic EPS attributable to Mondel?z International: | |||||||||||
| Continuing operations | $ 0.32 | $ (0.02) | $ 0.30 | $ 0.34 | $ - 0 | $ 0.34 | $ 0.58 | $ (0.01) | $ 0.57 | $ 0.09 | |
| Discontinued operations | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 0.92 | |
| Net earnings attributable to Mondel?z International | $ 0.32 | $ (0.02) | $ 0.30 | $ 0.34 | $ - 0 | $ 0.34 | $ 0.58 | $ (0.01) | $ 0.57 | $ 1.01 | |
| Diluted EPS attributable to Mondel?z International: | |||||||||||
| Continuing operations | $ 0.32 | $ (0.02) | $ 0.30 | $ 0.34 | $ (0.01) | $ 0.33 | $ 0.57 | $ (0.01) | $ 0.56 | $ 0.09 | |
| Discontinued operations | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 0.91 | |
| Net earnings attributable to Mondel?z International | $ 0.32 | $ (0.02) | $ 0.30 | $ 0.34 | $ (0.01) | $ 0.33 | $ 0.57 | $ (0.01) | $ 0.56 | $ 1.00 | |
| Dividends declared | $ 0.13 | $ - 0 | $ 0.13 | $ 0.13 | $ - 0 | $ 0.13 | $ 0.14 | $ - 0 | $ 0.14 | $ 0.14 | |
| Market price(1) - high | $ 30.66 | $ - 0 | $ 30.66 | $ 32.10 | $ - 0 | $ 32.10 | $ 33.08 | $ - 0 | $ 33.08 | $ 35.43 | |
| - low | $ 25.78 | $ - 0 | $ 25.78 | $ 28.22 | $ - 0 | $ 28.22 | $ 28.50 | $ - 0 | $ 28.50 | $ 30.07 |
TABLE115
| Created by EDGAR Online, Inc. | |||||||||||||
| MONDELEZ INTERNATIONAL, INC. | |||||||||||||
| TABLE115 | |||||||||||||
| Form Type: 10-K | |||||||||||||
| Period End: Dec 31, 2013 | |||||||||||||
| Date Filed: Mar 03, 2014 | |||||||||||||
| 2012 | Quarters | ||||||||||||
| First | Second | Third | Fourth | ||||||||||
| Reported | Correction | Revised | Reported | Corection | Revised | Reported | Correction | Revised | Reported | Correction | Revised | ||
| (in millions, except per share data) | |||||||||||||
| Net revenues | $ 8,667 | $ - 0 | $ 8,667 | $ 8,527 | $ - 0 | $ 8,527 | $ 8,326 | $ - 0 | $ 8,326 | $ 9,495 | $ - 0 | $ 9,495 | |
| Gross profit | $ 3,195 | $ - 0 | $ 3,195 | $ 3,211 | $ - 0 | $ 3,211 | $ 3,120 | $ - 0 | $ 3,120 | $ 3,550 | $ - 0 | $ 3,550 | |
| Provision for income taxes | $ 77 | $1 | $ 78 | $ 103 | $ - 0 | $ 103 | $ (76) | $ (5) | $ (81) | $ 103 | $ (35) | $ 68 | |
| Earnings from continuing operations | $ 339 | $ (1) | $ 338 | $ 490 | $ - 0 | $ 490 | $ 177 | $5 | $ 182 | $ 561 | $ 35 | $ 596 | |
| Earnings from discontinued operations, net of income taxes | $ 480 | $ - 0 | $ 480 | $ 544 | $ - 0 | $ 544 | $ 482 | $ - 0 | $ 482 | $ (18) | $ - 0 | $ (18) | |
| Net earnings | $ 819 | $ (1) | $ 818 | $ 1,034 | $ - 0 | $ 1,034 | $ 659 | $5 | $ 664 | $ 543 | $ 35 | $ 578 | |
| Noncontrolling interest | 6 | - 0 | 6 | 5 | - 0 | 5 | 7 | - 0 | 7 | 9 | - 0 | 9 | |
| Net earnings attributable to Mondel?z International | $ 813 | $ (1) | $ 812 | $ 1,029 | $ - 0 | $ 1,029 | $ 652 | $5 | $ 657 | $ 534 | $ 35 | $ 569 | |
| Weighted-average shares for diluted EPS | 1,783 | - 0 | 1,783 | 1,786 | - 0 | 1,786 | 1,789 | - 0 | 1,789 | 1,793 | - 0 | 1,793 | |
| Per share data: | |||||||||||||
| Basic EPS attributable to Mondel?z International: | |||||||||||||
| Continuing operations | $ 0.19 | $ - 0 | $ 0.19 | $ 0.27 | $ - 0 | $ 0.27 | $ 0.10 | $ - 0 | $ 0.10 | $ 0.31 | $ 0.02 | $ 0.33 | |
| Discontinued operations | 0.27 | - 0 | 0.27 | 0.31 | - 0 | 0.31 | 0.27 | - 0 | 0.27 | (0.01) | - 0 | (0.01) | |
| Net earnings attributable to Mondel?z International | $ 0.46 | $ - 0 | $ 0.46 | $ 0.58 | $ - 0 | $ 0.58 | $ 0.37 | $ - 0 | $ 0.37 | $ 0.30 | $ 0.02 | $ 0.32 | |
| Diluted EPS attributable to Mondel?z International: | |||||||||||||
| Continuing operations | $ 0.19 | $ - 0 | $ 0.19 | $ 0.27 | $ - 0 | $ 0.27 | $ 0.10 | $ 0.01 | $ 0.11 | $ 0.31 | $ 0.02 | $ 0.33 | |
| Discontinued operations | 0.27 | - 0 | 0.27 | 0.31 | - 0 | 0.31 | 0.26 | - 0 | 0.26 | (0.01) | - 0 | (0.01) | |
| Net earnings attributable to Mondel?z International | $ 0.46 | $ - 0 | $ 0.46 | $ 0.58 | $ - 0 | $ 0.58 | $ 0.36 | $ 0.01 | $ 0.37 | $ 0.30 | $ 0.02 | $ 0.32 | |
| Dividends declared | $ 0.29 | $ - 0 | $ 0.29 | $ 0.29 | $ - 0 | $ 0.29 | $ 0.29 | $ - 0 | $ 0.29 | $ 0.13 | $ - 0 | $ 0.13 | |
| Market price(1) - high | $ 39.06 | $ - 0 | $ 39.06 | $ 39.99 | $ - 0 | $ 39.99 | $ 42.44 | $ - 0 | $ 42.44 | $ 42.54 | $ - 0 | $ 42.54 | |
| - low | $ 37.17 | $ - 0 | $ 37.17 | $ 36.75 | $ - 0 | $ 36.75 | $ 37.15 | $ - 0 | $ 37.15 | $ 24.50 | $ - 0 | $ 24.50 |
TABLE116
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE116 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| 2013 Quarters | |||||
| First | Second | Third | Fourth | ||
| (in millions) | |||||
| Asset impairment and exit costs | $ 44 | $ 48 | $ 43 | $ 138 | |
| Benefit from indemnification | |||||
| resolution | - 0 | - 0 | (385) | - 0 | |
| Loss on debt extinguishment | - 0 | - 0 | - 0 | 608 | |
| (Gains) / losses on | |||||
| divestitures, net | (22) | (6) | - 0 | (2) | |
| $ 22 | $ 42 | $ (342) | $ 744 |
TABLE117
| Created by EDGAR Online, Inc. | |||||
| MONDELEZ INTERNATIONAL, INC. | |||||
| TABLE117 | |||||
| Form Type: 10-K | |||||
| Period End: Dec 31, 2013 | |||||
| Date Filed: Mar 03, 2014 | |||||
| 2012 | Quarters | ||||
| First | Second | Third | Fourth | ||
| (in millions) | |||||
| Asset impairment and exit costs | $ 44 | $ 27 | $ 13 | $ 69 | |
| (Gains) / losses on divestitures, net | - 0 | - 0 | - 0 | (107) | |
| $ 44 | $ 27 | $ 13 | $ (38) |
TABLE118
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE118 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Equity Compensation Plan Information | ||||
| Number of Securities | ||||
| Remaining Available for | ||||
| Number of Securities to | Future Issuance under | |||
| be Issued Upon Exercise | Weighted Average | Equity Compensation | ||
| of Outstanding | Exercise Price of | Plans (excluding | ||
| Options, Warrants | Outstanding Options, | securities reflected | ||
| and Rights (1) | Warrants and Rights | in column (a)) (2) | ||
| (a) | (b) | (c) | ||
| Equity compensation plans | ||||
| approved by security holders | 63,728,884 | $21.96 | 27,614,829 |
TABLE119
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE119 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| 10.60 | Form of Mondel?z International, Inc. Amended and Restated 2005 | |
| Performance Incentive Plan Restricted Stock Agreement. + | ||
| 10.70 | Form of Mondel?z International, Inc. Amended and Restated 2005 | |
| Performance Incentive Plan Non-Qualified U.S. Stock Option Award | ||
| Agreement. + | ||
| 10.80 | Mondel?z International, Inc. Long-Term Incentive Plan, restated as of | |
| October 2, 2012 (incorporated by reference to Exhibit 10.9 to the | ||
| Registrant's Annual Report on Form 10-K filed with the SEC on February | ||
| 25, 2013). + | ||
| 10.90 | Form of Mondel?z International, Inc. Long-Term Incentive Plan Award | |
| Agreement. + | ||
| 10.10 | Mondel?z Global LLC Supplemental Benefits Plan I, effective as of | |
| September 1, 2012 (incorporated by reference to Exhibit 10.10 to the | ||
| Registrant's Annual Report on Form 10-K filed with the SEC on February | ||
| 25, 2013). + | ||
| 10.11 | Mondel?z Global LLC Supplemental Benefits Plan II, effective as of | |
| September 1, 2012 (incorporated by reference to Exhibit 10.11 to the | ||
| Registrant's Annual Report on Form 10-K filed with the SEC on February | ||
| 25, 2013). + | ||
| 10.12 | Form of Mondel?z Global LLC Amended and Restated Cash Enrollment | |
| Agreement (incorporated by reference to Exhibit 10.12 to the | ||
| Registrant's Annual Report on Form 10-K filed with the SEC on February | ||
| 25, 2013). + | ||
| 10.13 | Form of Mondel?z Global LLC Amended and Restated Employee Grantor Trust | |
| Enrollment Agreement (incorporated by reference to Exhibit 10.13 to the | ||
| Registrant's Annual Report on Form 10-K filed with the SEC on February | ||
| 25, 2013). + | ||
| 10.14 | Mondel?z International, Inc. Amended and Restated 2006 Stock | |
| Compensation Plan for Non-Employee Directors, amended and restated as of | ||
| October 1, 2012 (incorporated by reference to Exhibit 10.14 to the | ||
| Registrant's Annual Report on Form 10-K filed with the SEC on February | ||
| 25, 2013). + | ||
| 10.15 | Mondel?z International, Inc. 2001 Compensation Plan for Non-Employee | |
| Directors, amended as of December 31, 2008 and restated as of January 1, | ||
| 2013 (incorporated by reference to Exhibit 10.15 to the Registrant's | ||
| Annual Report on Form 10-K filed with the SEC on February 25, 2013). + | ||
| 10.16 | Mondel?z International, Inc. Change in Control Plan for Key Executives, | |
| amended as of October 2, 2012 (incorporated by reference to Exhibit 10.1 | ||
| to the Registrant's Quarterly Report on Form 10-Q filed with the SEC on | ||
| November 8, 2012). + | ||
| 10.17 | Mondel?z Global LLC Executive Deferred Compensation Plan, effective as | |
| of October 1, 2012 (incorporated by reference to Exhibit 10.17 to the | ||
| Registrant's Annual Report on Form 10-K filed with the SEC on February | ||
| 25, 2013). + | ||
| 10.18 | Mondel?z Global LLC Executive Deferred Compensation Plan Adoption | |
| Agreement, effective as of October 1, 2012 (incorporated by reference to | ||
| Exhibit 10.18 to the Registrant's Annual Report on Form 10-K filed with | ||
| the SEC on February 25, 2013). + | ||
| 10.19 | Deferred Compensation Plan Trust Document, by and between Mondel?z | |
| Global LLC and Wilmington Trust Retirement and Institutional Services | ||
| Company, dated as of September 18, 2012 (incorporated by reference to | ||
| Exhibit 10.19 to the Registrant's Annual Report on Form 10-K filed with | ||
| the SEC on February 25, 2013). + | ||
| 10.20 | Offer of Employment Letter, between the Registrant and Irene B. | |
| Rosenfeld, dated June 22, 2006 (incorporated by reference to Exhibit | ||
| 10.29 to the Registrant's Quarterly Report on Form 10-Q for the quarter | ||
| ended June 30, 2006). + | ||
| 10.21 | Amendment to Offer of Employment Letter, between the Registrant and | |
| Irene B. Rosenfeld, amended as of December 31, 2008 (incorporated by | ||
| reference to Exhibit 10.20 to the Registrant's Annual Report on Form | ||
| 10-K filed with the SEC on February 27, 2009). + | ||
| 10.22 | Performance-Contingent Restricted Stock Unit Agreement, between the | |
| Registrant and Irene B. Rosenfeld, effective as of December 19, 2012 | ||
| (incorporated by reference to Exhibit 10.22 to the Registrant's Annual | ||
| Report on Form 10-K filed with the SEC on February 25, 2013). + | ||
| 10.23 | Agreement Upon Retirement and General Release, between the Registrant | |
| and Sanjay Khosla, dated as of December 19, 2012 (incorporated by | ||
| reference to Exhibit 10.1 to the Registrant's Current Report on Form 8-K | ||
| filed with the SEC on December 26, 2012). + |
TABLE120
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE120 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| 10.24 | Offer of Employment Letter, between the Registrant and Daniel P. Myers, | |
| dated June 20, 2011 (incorporated by reference to Exhibit 10.1 to the | ||
| Registrant's Quarterly Report on Form 10-Q filed with the SEC on | ||
| November 4, 2011). + | ||
| 10.25 | Offer of Employment Letter, between the Registrant and Tracey Belcourt, | |
| dated July 8, 2012 (incorporated by reference to Exhibit 10.2 to the | ||
| Registrant's Quarterly Report on Form 10-Q filed with the SEC on | ||
| November 8, 2012). + | ||
| 10.26 | Offer of Employment Letter, between the Registrant and James Kehoe, | |
| dated October 25, 2013. + | ||
| 10.27 | Form of Indemnification Agreement for Non-Employee Directors | |
| (incorporated by reference to 10.28 to the Registrant's Annual Report on | ||
| Form 10-K filed with the SEC on February 27, 2009). + | ||
| 10.28 | Indemnification Agreement between the Registrant and Irene B. Rosenfeld, | |
| dated January 27, 2009 (incorporated by reference to Exhibit 10.1 to the | ||
| Registrant's Current Report on Form 8-K filed with the SEC on | ||
| February 2, 2009). + | ||
| 11 | Computation of Per Share Earnings.** | |
| 12.10 | Computation of Ratios of Earnings to Fixed Charges. | |
| 21.10 | Subsidiaries of the Registrant. | |
| 23.10 | Consent of PricewaterhouseCoopers LLP, Independent Registered Public | |
| Accounting Firm. | ||
| 31.10 | Certification of the Registrant's Chief Executive Officer pursuant to | |
| Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as | ||
| amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of | ||
| 2002. | ||
| 31.20 | Certification of the Registrant's Chief Financial Officer pursuant to | |
| Rule 13a-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as | ||
| amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of | ||
| 2002. | ||
| 32.10 | Certifications of the Registrant's Chief Executive Officer and Chief | |
| Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to | ||
| Section 906 of the Sarbanes-Oxley Act of 2002. | ||
| 101.10 | The following materials from Mondel?z International's Annual Report on | |
| Form 10-K for the fiscal year ended December 31, 2013, formatted in XBRL | ||
| (eXtensible Business Reporting Language): (i) the Consolidated | ||
| Statements of Earnings, (ii) the Consolidated Statements of Equity, | ||
| (iii) the Consolidated Balance Sheets, (iv) the Consolidated Statements | ||
| of Cash Flows, (v) the Consolidated Statements of Comprehensive | ||
| Earnings, (vi) Notes to Consolidated Financial Statements, and (vii) | ||
| document and entity information. |
TABLE121
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| TABLE121 | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| Mondel?z International, Inc. and Subsidiaries | ||||||
| Valuation and Qualifying Accounts | ||||||
| For the Years Ended December 31, 2013, 2012 and 2011 | ||||||
| (in millions) | ||||||
| Col. A | Col. B | Col. C | Col. D | Col. E | ||
| Additions | ||||||
| Balance at | Charged to | Charged to | Balance at | |||
| Beginning | Costs and | Other | End of | |||
| Description | of Period | Expenses | Accounts | Deductions | Period | |
| (a) | (b) | |||||
| 2013: | ||||||
| Allowance for trade receivables | $ 118 | $ 14 | $ (11) | $ 35 | $ 86 | |
| Allowance for other current receivables | 45 | 20 | - 0 | (8) | 73 | |
| Allowance for long-term receivables | 16 | - 0 | - 0 | - 0 | 16 | |
| Allowance for deferred taxes | 426 | 20 | - 0 | 111 | 335 | |
| $ 605 | $ 54 | $ (11) | $ 138 | $ 510 | ||
| 2012: | ||||||
| Allowance for trade receivables | $ 143 | $ 27 | $ (32) | $ 20 | $ 118 | |
| Allowance for other current receivables | 40 | 6 | (7) | (6) | 45 | |
| Allowance for long-term receivables | 19 | (4) | (1) | (2) | 16 | |
| Allowance for deferred taxes | 464 | 63 | (17) | 84 | 426 | |
| $ 666 | $ 92 | $ (57) | $ 96 | $ 605 | ||
| 2011: | ||||||
| Allowance for trade receivables | $ 246 | $ 25 | $ (12) | $ 116 | $ 143 | |
| Allowance for other current receivables | 29 | 8 | 6 | 3 | 40 | |
| Allowance for long-term receivables | 13 | - 0 | 6 | - 0 | 19 | |
| Allowance for deferred taxes | 401 | 205 | (17) | 125 | 464 | |
| $ 689 | $ 238 | $ (17) | $ 244 | $ 666 |
TABLE122
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE122 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| Applicable | ||
| Facility | ||
| Rating | Fee Rate | |
| A or higher by Standard & Poor's | ||
| A2 or higher by Moody's | 0.07% | |
| A- by Standard & Poor's | ||
| A3 by Moody's | 0.09% | |
| BBB+ by Standard & Poor's | ||
| Baa1 by Moody's | 0.10% | |
| BBB by Standard & Poor's | ||
| Baa2 by Moody's | 0.13% | |
| Lower than BBB by Standard & Poor's | ||
| Lower than Baa2 by Moody's | 0.20% |
TABLE123
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE123 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Base Rate | LIBO Rate | ||
| Rating | Spread | Spread | |
| A or higher by Standard & Poor's | |||
| A2 or higher by Moody's | 0.00% | 0.81% | |
| A- by Standard & Poor's | |||
| A3 by Moody's | 0.00% | 0.92% | |
| BBB+ by Standard & Poor's | |||
| Baa1 by Moody's | 0.03% | 1.03% | |
| BBB by Standard & Poor's | |||
| Baa2 by Moody's | 0.13% | 1.13% | |
| Lower than BBB by Standard & Poor's | |||
| Lower than Baa2 by Moody's | 0.30% | 1.30% |
TABLE124
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE124 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| Annualized Compensation (Target Opportunity) | |||
| Annual Base Salary | USD | 475,000 | |
| Annual Incentive Plan (Target *- 55%) | USD | 261,250 | |
| Long Term Incentives** | USD | 710,000 | |
| -Performance Shares (Target *- 60%) | USD | 285,000 | |
| -Target Stock Award Value | USD | 425,000 | |
| Total Target Compensation | USD | 1,446,250 |
TABLE125
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE125 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| - | ||
| [[Image Removed: LOGO]] | Mondel?z Global LLC | |
| Deerfield, IL 60015 USA | ||
| mondelezinternational.com |
TABLE126
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE126 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| - | ||
| [[Image Removed: LOGO]] | Mondel?z Global LLC | |
| Deerfield, IL 60015 USA | ||
| mondelezinternational.com |
TABLE127
| Created by EDGAR Online, Inc. | ||||
| MONDELEZ INTERNATIONAL, INC. | ||||
| TABLE127 | ||||
| Form Type: 10-K | ||||
| Period End: Dec 31, 2013 | ||||
| Date Filed: Mar 03, 2014 | ||||
| Sign On Incentives | ||||
| As part of your employment offer, as an incentive to join Mondel?z | ||||
| International, upon hire, you will receive sign-on incentives in the form of | ||||
| cash and stock as follows: | ||||
| Cash Sign-On Incentive: | $ 100,000 | with a two-year repayment | ||
| agreement, payable at date of hire. | ||||
| Equity Sign-On Incentive: | $ 2,500,000 | delivered partially as | ||
| restricted stock (75%) and partially | ||||
| as stock options (25%) to vest as |
TABLE128
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE128 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| - | ||
| [[Image Removed: LOGO]] | Mondel?z Global LLC | |
| Deerfield, IL 60015 USA | ||
| mondelezinternational.com |
TABLE129
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| TABLE129 | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| - | ||
| [[Image Removed: LOGO]] | Mondel?z Global LLC | |
| Deerfield, IL 60015 USA | ||
| mondelezinternational.com |
TABLE130
| Created by EDGAR Online, Inc. | |||
| MONDELEZ INTERNATIONAL, INC. | |||
| TABLE130 | |||
| Form Type: 10-K | |||
| Period End: Dec 31, 2013 | |||
| Date Filed: Mar 03, 2014 | |||
| - | |||
| [[Image Removed: LOGO]] | Mondel?z Global LLC | ||
| Deerfield, IL 60015 USA | |||
| mondelezinternational.com | |||
| /s/ Karen May | October 29, 2013 | ||
| Karen May | Date | ||
| Executive Vice President Human Resources |
RATIO_COMPUTATION
| Created by EDGAR Online, Inc. | ||||||
| MONDELEZ INTERNATIONAL, INC. | ||||||
| RATIO_COMPUTATION | ||||||
| Form Type: 10-K | ||||||
| Period End: Dec 31, 2013 | ||||||
| Date Filed: Mar 03, 2014 | ||||||
| EXHIBIT 12.1 | ||||||
| Mondel?z International, Inc. and Subsidiaries | ||||||
| Computation of Ratios of Earnings to Fixed Charges | ||||||
| (in millions of dollars) | ||||||
| Years Ended December 31, | ||||||
| 2013 | 2012 | 2011 | 2010 | 2009 | ||
| Earnings from continuing operations | ||||||
| before income taxes | $ 2,392 | $ 1,774 | $ 1,880 | $ 726 | $ 969 | |
| Add / (Deduct): | ||||||
| Equity in net earnings of less than | ||||||
| 50% owned affiliates | (107) | (106) | (84) | (115) | (92) | |
| Dividends from less than | ||||||
| 50% owned affiliates | 66 | 63 | 60 | 61 | 55 | |
| Fixed charges | 1,145 | 2,323 | 2,050 | 2,209 | 1,361 | |
| Interest capitalized, | ||||||
| net of amortization | (2) | (1) | 2 | 2 | 1 | |
| Earnings available for | ||||||
| fixed charges | $ 3,494 | $ 4,053 | $ 3,908 | $ 2,883 | $ 2,294 | |
| Fixed charges: | ||||||
| Interest incurred: | ||||||
| Interest expense(a) | $ 1,031 | $ 2,206 | $ 1,956 | $ 2,098 | $ 1,280 | |
| Capitalized interest | 2 | 3 | - 0 | 1 | 2 | |
| 1,033 | 2,209 | 1,956 | 2,099 | 1,282 | ||
| Portion of rent expense deemed | ||||||
| to represent interest factor | 112 | 114 | 94 | 110 | 79 | |
| Fixed charges | $ 1,145 | $ 2,323 | $ 2,050 | $ 2,209 | $ 1,361 | |
| Ratio of earnings to fixed charges | 3.10 | 1.70 | 1.90 | 1.30 | 1.70 |
SUBSIDIARIES
| Created by EDGAR Online, Inc. | ||
| MONDELEZ INTERNATIONAL, INC. | ||
| SUBSIDIARIES | ||
| Form Type: 10-K | ||
| Period End: Dec 31, 2013 | ||
| Date Filed: Mar 03, 2014 | ||
| Exhibit 21.1 | ||
| Mondel?z International, Inc. | ||
| Subsidiaries - 2013 | ||
| Entity Name | Country | |
| LU Algerie S.p.A. | Algeria | |
| Cadbury Bebidas De Argentina S.A. | Argentina | |
| Mondelez Argentina S.A. | Argentina | |
| Nabisco Inversiones S.R.L. | Argentina | |
| Van Mar SA | Argentina | |
| Cadbury Finance Pty Limited | Australia | |
| Cadbury Marketing Services Pty Limited | Australia | |
| General Foods Pty. Ltd. | Australia | |
| KF (Australia) Pty. Ltd. | Australia | |
| Kraft Jacobs Suchard (Australia) Pty. Ltd. | Australia | |
| Lanes Biscuits Pty. Ltd. | Australia | |
| Lanes Food (Australia) Pty. Ltd. | Australia | |
| MacRobertson Pty Limited | Australia | |
| Mondelez Australia (Foods) Ltd | Australia | |
| Mondelez Australia Group Co Pty Ltd | Australia | |
| Mondelez Australia Group Investments LP | Australia | |
| Mondelez Australia Holdings Pty. Ltd. | Australia | |
| Mondelez Australia Investments Pty Ltd | Australia | |
| Mondelez Australia Pty. Ltd. | Australia | |
| Mondelez New Zealand Holdings (Australia) Pty. Ltd. | Australia | |
| Recaldent Pty Ltd | Australia | |
| The Natural Confectionery Co. Pty Ltd | Australia | |
| Kraft Foods CEEMA GmbH | Austria | |
| Mirabell Salzburger Confiserie-und Bisquit GmbH | Austria | |
| Mondelez Oesterreich GmbH | Austria | |
| Mondelez Oesterreich Production GmbH | Austria | |
| Fulmer Corporation Limited | Bahamas | |
| Mondelez Bahrain W.L.L. | Bahrain | |
| OOO Mondel?z International Bel | Belarus | |
| Cadbury Belgium BVBA | Belgium | |
| Confibel SPRL | Belgium | |
| Kraft Foods Belgium Intellectual Property | Belgium | |
| Kraft Foods Production Holdings Maatschap | Belgium | |
| Mondelez Belgium Biscuits Production NV | Belgium | |
| Mondelez Belgium BVBA | Belgium | |
| Mondelez Belgium Manufacturing Services BVBA | Belgium | |
| Mondelez Belgium Production BVBA | Belgium | |
| Mondelez Belgium Services BVBA | Belgium | |
| Mondel?z International Belgium | Belgium | |
| Mondelez Namur Production SPRL | Belgium | |
| Cadbury Adams Bolivia S.A. | Bolivia | |
| Mondelez International de Alimentos S.R.L. | Bolivia | |
| Cadbury Botswana (Proprietary) Limited | Botswana | |
| Cadbury Confy (Proprietary) Limited | Botswana | |
| - | ||
| Entity Name | Country | |
| K&S Alimentos S.A. | Brazil | |
| Lacta Alimentos Ltda. | Brazil | |
| Mondelez Brasil Ltda. | Brazil | |
| Mondelez Brasil Norte Nordeste Ltda. | Brazil | |
| Taloca Cafe Ltda. | Brazil | |
| Mondelez Bulgaria AD | Bulgaria | |
| Mondelez Bulgaria Production EOOD | Bulgaria | |
| 152999 Canada Inc. | Canada | |
| 3072440 Nova Scotia Company | Canada | |
| Freezer Queen Foods (Canada) Limited | Canada | |
| Lowney, Inc. | Canada | |
| MCI Finance Inc. | Canada | |
| Mondelez Asia Pacific (Alberta) GP ULC | Canada | |
| Mondelez Canada Holdings Two ULC | Canada | |
| Mondelez Canada Holdings ULC | Canada | |
| Mondelez Canada Inc. | Canada | |
| TCI Realty Holdings Inc. | Canada | |
| Cadbury Stani Adams Chile Productos Alimenticios Limitada | Chile | |
| Mondelez Chile S.A. | Chile | |
| Cadbury Confectionery (Guangzhou) Co., Limited | China | |
| Cadbury Food Co. Limited China | China | |
| Cadbury Marketing Services Co Ltd Shanghai | China | |
| Kraft Tianmei Food (Tianjin) Co. Ltd. | China | |
| Mondelez Beijing Food Co., Ltd. | China | |
| Mondelez China Co., Ltd | China | |
| Mondelez Guangzhou Food Company Limited | China | |
| Mondelez Jiangmen Food Co., Ltd. | China | |
| Mondelez Shanghai Food Co., Ltd. | China | |
| Mondelez Shanghai Foods Corporate Management Co., Ltd. | China | |
| Mondelez Suzhou Food Co., Ltd. | China | |
| Nabisco Food (Suzhou) Co. Ltd. | China | |
| Cadbury Adams Colombia S.A. | Colombia | |
| Kraft Foods Colombia Ltda. | Colombia | |
| Kraft Foods Colombia S.A.S. | Colombia | |
| Mondelez Colombia S.A.S. | Colombia | |
| Taloca y Cia Ltda. | Colombia | |
| El Gallito Industrial, S.A. | Costa Rica | |
| Kraft Foods Costa Rica, S.A. | Costa Rica | |
| Mondelez Zagreb d.o.o. | Croatia | |
| Gum Management Services Ltd | Cyprus | |
| Mondelez CR Biscuit Production s.r.o. | Czech Republic | |
| Mondelez CR Coffee Production s.r.o. | Czech Republic | |
| Mondelez Czech Republic s.r.o. | Czech Republic | |
| Opavia Lu s.r.o. | Czech Republic | |
| - | ||
| Entity Name | Country | |
| Kraft Foods Danmark Intellectual Property ApS | Denmark | |
| Mondelez Danmark ApS | Denmark | |
| Cadbury Adams Dominicana S.A. | Dominican Republic | |
| Kraft Foods Dominicana S.A. | Dominican Republic | |
| Kraft Foods Ecuador Cia. Ltda. | Ecuador | |
| Cadbury Egypt for Importation | Egypt | |
| Kraft Foods Egypt S.A.E. | Egypt | |
| Kraft Foods Egypt Trading LLC | Egypt | |
| Cadbury Adams El Salvador S.A. de C.V. | El Salvador | |
| Kraft Foods El Salvador S.A. de C.V. | El Salvador | |
| Kraft Foods Eesti Osauhing | Estonia | |
| Kraft Foods Finland Production Oy | Finland | |
| Mondelez Finland OY | Finland | |
| Cadbury France SAS | France | |
| Generale Biscuit Glico France | France | |
| Generale Biscuit SAS | France | |
| Kraft Foods France Biscuit S.A.S. | France | |
| Kraft Foods France Intellectual Property S.A.S. | France | |
| Mondelez France Antilles Guyane Distribution SAS | France | |
| Mondelez France Biscuit Distribution SAS | France | |
| Mondelez France Biscuits Production SAS | France | |
| Mondelez France Confectionery Production SAS | France | |
| Mondelez France Ocean Indien Distribution SAS | France | |
| Mondelez France R&D SAS | France | |
| Mondelez France S.A.S. | France | |
| Mondelez Laverune Production S.N.C. | France | |
| Mondelez Strasbourg Production S.N.C. | France | |
| Mondel?z Georgia LLC | Georgia | |
| Carlton Lebensmittel Vertriebs GmbH | Germany | |
| Don Snack Foods Handelsgesellschaft GmbH | Germany | |
| Johann Jacobs GmbH | Germany | |
| Kraft Foods Deutschland Biscuits Grundstuecksverwaltungs | ||
| GmbH & Co. KG | Germany | |
| Kraft Foods Deutschland Holding GmbH | Germany | |
| Kraft Foods Deutschland Holding Grundstuecksverwaltungs | ||
| GmbH & Co. KG | Germany | |
| Kraft Foods Deutschland Intellectual Property GmbH & Co. | ||
| KG | Germany | |
| Kraft Foods Deutschland Production Grundstuecksverwaltungs | ||
| GmbH & Co. KG | Germany | |
| Mondelez Deutschland Biscuits Production GmbH | Germany | |
| Mondelez Deutschland GmbH | Germany | |
| Mondelez Deutschland Production GmbH & Co. KG | Germany | |
| Mondelez Deutschland Professional GmbH | Germany | |
| Mondelez Deutschland R&D GmbH | Germany | |
| Mondelez Deutschland Services GmbH & Co. KG | Germany | |
| Mondelez International Genussmittel GmbH | Germany | |
| Onko Grossroesterei GmbH | Germany | |
| - | ||
| Entity Name | Country | |
| Cadbury Ghana Limited | Ghana | |
| Lapworth Commodities Limited | Ghana | |
| Mondelez Hellas Production S.A. | Greece | |
| Mondelez Hellas S.A. | Greece | |
| Mondelez Korinthos Production S.A. | Greece | |
| Alimentos Especiales, Socieda Anonima | Guatemala | |
| Kraft Foods Honduras, S.A. | Honduras | |
| Landers Centro Americana, Fabricantes de Molinos Marca | ||
| "Corona" S.A. de C.V. | Honduras | |
| Cadbury Hong Kong Limited | Hong Kong | |
| Cadbury Trading Hong Kong Ltd. | Hong Kong | |
| Mondelez Hong Kong Limited | Hong Kong | |
| Gyori Keksz Kft SARL | Hungary | |
| Mondelez Hungaria IP Kft | Hungary | |
| Mondelez Hungaria Kft | Hungary | |
| C S Business Services (India) Pvt. Limited | India | |
| Cadbury India Limited | India | |
| Georges Beverages India Private Limited | India | |
| Induri Farm Limited | India | |
| KJS India Private Limited | India | |
| P.T. Cadbury Indonesia | Indonesia | |
| P.T. Cipta Manis Makmur | Indonesia | |
| P.T. Kraft Symphoni Indonesia | Indonesia | |
| P.T. Kraft Ultrajaya Indonesia | Indonesia | |
| P.T. Mondelez Indonesia | Indonesia | |
| P.T. Mondelez Indonesia Manufacturing | Indonesia | |
| P.T. Mondelez Indonesia Trading | Indonesia | |
| Alreford Limited | Ireland | |
| Berkeley Re Limited | Ireland | |
| Cadbury Schweppes Ireland Limited | Ireland | |
| Cadbury Schweppes Treasury America | Ireland | |
| Cadbury Schweppes Treasury International | Ireland | |
| Cadbury Schweppes Treasury Services | Ireland | |
| Kraft Foods Ireland Intellectual Property Ltd | Ireland | |
| Mondelez Ireland Limited | Ireland | |
| Mondelez Ireland Production Limited | Ireland | |
| Seurat | Ireland | |
| Sunkist Soft Drinks International Limited | Ireland | |
| Trebor (Dublin) Limited | Ireland | |
| Trebor Ireland Limited | Ireland | |
| Greencastle Drinks Limited | Ireland/Netherlands | |
| Cote d'Or Italia S.r.l. | Italy | |
| Fattorie Osella S.p.A. | Italy | |
| Kraft Foods Italia Intellectual Property S.r.l. | Italy | |
| Mondelez Italia Biscuits Production S.p.A | Italy | |
| - | ||
| Entity Name | Country | |
| Mondelez Italia Production S.r.l. | Italy | |
| Mondelez Italia S.r.l. | Italy | |
| Mondelez Italia Services S.r.l. | Italy | |
| Kraft Foods Jamaica Limited | Jamaica | |
| West Indies Yeast Company Limited | Jamaica | |
| AGF Kanto, Inc. | Japan | |
| AGF SP Inc. | Japan | |
| AGF Suzuka, Inc. | Japan | |
| Ajinomoto General Foods, Inc. | Japan | |
| Kraft Foods Japan K.K. | Japan | |
| Meito Adams Company Limited | Japan | |
| Mondelez Japan Ltd | Japan | |
| Mondelez Kazakhstan LLP | Kazakhstan | |
| Cadbury Kenya Limited | Kenya | |
| Dong Suh Foods Corporation | Korea | |
| Migabang Limited Company | Korea | |
| SIA Kraft Foods Latvija | Latvia | |
| Cadbury Adams Middle East Offshore S.A.L. | Lebanon | |
| Cadbury Adams Middle East S.A.L. | Lebanon | |
| AB Kraft Foods Lietuva | Lithuania | |
| UAB Mondelez Baltic | Lithuania | |
| UAB Mondelez Lietuva Production | Lithuania | |
| Kraft Foods Biscuit Financing Luxembourg Sarl | Luxembourg | |
| Kraft Foods Financing Luxembourg Sarl | Luxembourg | |
| Kraft Foods Luxembourg Sarl | Luxembourg | |
| Adams Marketing (M) Sdn Bhd | Malaysia | |
| Cadbury Confectionery Malaysia Sdn. Bhd. | Malaysia | |
| Cadbury Confectionery Sales (M) Sdn. Bhd. | Malaysia | |
| Kraft Foods Jaya (Malaysia) Sdn Bhd | Malaysia | |
| Mondelez Malaysia Sales Sdn. Bhd. | Malaysia | |
| Mondelez Malaysia Sdn. Bhd. | Malaysia | |
| Trebor (Malaysia) Sdn. Bhd. | Malaysia | |
| Trebor Sales Sdn. Bhd. | Malaysia | |
| Cadbury Mauritius Ltd | Mauritius | |
| Corporativo Kraft S. en N.C. de C.V. | Mexico | |
| Kraft Foods de Mexico, S. de R.L. de C.V. | Mexico | |
| Kraft Holding S. de R.L. de C.V. | Mexico | |
| KTL S. de R.L. de C.V. | Mexico | |
| Productos Kraft S. de. R.L. de C.V. | Mexico | |
| Servicios Integrales Kraft, S. de R.L. de C.V. | Mexico | |
| Servicios Kraft, S. de R.L. de C.V. | Mexico | |
| Biscuiterie Industrielle du Maghreb SA | Morocco | |
| Kraft Foods Maroc SA | Morocco | |
| Abades B.V. | Netherlands | |
| - | ||
| Entity Name | Country | |
| Aztecanana BV | Netherlands | |
| Cadbury CIS B.V. | Netherlands | |
| Cadbury Enterprises Holdings B.V. | Netherlands | |
| Cadbury Holdings B.V. | Netherlands | |
| Cadbury Netherlands International Holdings B.V. | Netherlands | |
| CS Americas Holdings B.V. | Netherlands | |
| Gernika, B.V. | Netherlands | |
| Kraft Foods Central & Eastern Europe Service B.V. | Netherlands | |
| Kraft Foods Cesko Holdings BV | Netherlands | |
| Kraft Foods Entity Holdings B.V. | Netherlands | |
| Kraft Foods Holland Holding BV | Netherlands | |
| Kraft Foods Intercontinental Netherlands C.V. | Netherlands | |
| Kraft Foods LA MB Holding B.V. | Netherlands | |
| Kraft Foods LA MC B.V. | Netherlands | |
| Kraft Foods LA NMB B.V. | Netherlands | |
| Kraft Foods LA NVA B.V. | Netherlands | |
| Kraft Foods LA VA Holding B.V. | Netherlands | |
| Kraft Foods Nederland Biscuit C.V. | Netherlands | |
| Kraft Foods Nederland Intellectual Property BV | Netherlands | |
| Kraft Foods North America and Asia B.V. | Netherlands | |
| Merola Finance B.V. | Netherlands | |
| Mondelez Espana Biscuits Holdings B.V. | Netherlands | |
| Mondelez International Selba B.V. | Netherlands | |
| Mondelez Nederland B.V. | Netherlands | |
| Mondelez Nederland Services B.V. | Netherlands | |
| Nabisco Holdings I B.V. | Netherlands | |
| Nabisco Holdings II B.V. | Netherlands | |
| Mondelez New Zealand | New Zealand | |
| Mondelez New Zealand Investments | New Zealand | |
| Cadbury Adams Nicaragua, S.A. | Nicaragua | |
| Kraft Foods de Nicaragua, S.A. | Nicaragua | |
| Cadbury Nigeria PLC | Nigeria | |
| Freia A/S | Norway | |
| Kraft Foods Norge Intellectual Property AS | Norway | |
| Mondelez Norge A/S | Norway | |
| Mondelez Norge Production AS | Norway | |
| Mondelez Pakistan Limited | Pakistan | |
| Cadbury Adams Panama, Sociedad Anonima | Panama | |
| Kraft Foods Panama, S.A. | Panama | |
| Cadbury Adams Peru S.A. | Peru | |
| Kraft Foods Peru S.A. | Peru | |
| Mondelez Philippines, Inc. | Philippines | |
| Nabisco Philippines Inc. | Philippines | |
| Lu Polska SA | Poland | |
| - | ||
| Entity Name | Country | |
| Mondelez Polska Production sp. z.o.o. | Poland | |
| Mondelez Polska S.A. | Poland | |
| Mondelez Portugal Iberia Production, S.A. | Portugal | |
| Mondelez Portugal, Unipessoal Lda. | Portugal | |
| Kraft Foods (Puerto Rico), LLC | Puerto Rico | |
| Mondelez Romania S.A. | Romania | |
| Dirol Cadbury LLC | Russia | |
| Mondelez International Rus | Russia | |
| Mon'delez Rus LLC | Russia | |
| Mondelez Arabia for Trading LLC | Saudi Arabia | |
| Nabisco Arabia Co. Ltd. | Saudi Arabia | |
| Mondelez d.o.o. Beograd | Serbia | |
| Cadbury Enterprises Pte. Ltd. | Singapore | |
| Kraft Foods Holdings Singapore Pte. Ltd. | Singapore | |
| Kraft Foods Trading Singapore Pte. Ltd. | Singapore | |
| Kraft Helix Singapore Pte. Ltd. | Singapore | |
| Kuan Enterprises Pte. Ltd. | Singapore | |
| Mondelez Asia Pacific Pte. Ltd. | Singapore | |
| Mondelez Business Services AP Pte Ltd | Singapore | |
| Mondelez Singapore Pte. Ltd. | Singapore | |
| Symphony Biscuits Holdings Pte. Ltd. | Singapore | |
| Taloca (Singapore) Pte Ltd. | Singapore | |
| Mondelez European Business Services Centre s.r.o. | Slovakia | |
| Mondelez Slovakia, a.s. | Slovakia | |
| Mondelez SR Production s.r.o. | Slovakia | |
| MSR IP s.r.o. | Slovakia | |
| Mondelez, trgovska druzba, d.o.o, Ljubjana | Slovenia | |
| Cadbury South Africa (Pty) Limited | South Africa | |
| Chapelat-Humphries Investments (Pty) Limited | South Africa | |
| Mondelez South Africa (Pty) Ltd. | South Africa | |
| Mondelez South Africa Proprietary Limited | South Africa | |
| South Africa LP | South Africa | |
| Kraft Foods Espana Holdings S.L.U. | Spain | |
| Kraft Foods Espana Intellectual Property SLU | Spain | |
| Mondelez Espana Biscuits Holdings y Campania S.C. | Spain | |
| Mondelez Espana Commercial, S.L.U. | Spain | |
| Mondelez Espana Confectionery Production, SLU | Spain | |
| Mondelez Espana Galletas Production, S.L.U. | Spain | |
| Mondelez Espana Postres Production, S.A.U. | Spain | |
| Mondelez Espana Production, S.L.U. | Spain | |
| Mondelez Espana Services, S.L.U. | Spain | |
| Mondelez Iberia Holdings, S.L.U. | Spain | |
| Chapelat Swaziland (Proprietary) Limited | Swaziland | |
| Cadbury (Swaziland) (Pty) Limited | Swaziland/South Africa | |
| - | ||
| Entity Name | Country | |
| Kraft Foods Sverige Holding AB | Sweden | |
| Kraft Foods Sverige Intellectual Property AB | Sweden | |
| Mondelez Sverige AB | Sweden | |
| Mondelez Sverige Production AB | Sweden | |
| Consodri Investments AG | Switzerland | |
| Kraft Foods Biscuits Holding GmbH | Switzerland | |
| Kraft Foods Holding (Europa) GmbH | Switzerland | |
| Kraft Foods Intercontinental Schweiz GmbH | Switzerland | |
| Kraft Foods Schweiz Holding GmbH | Switzerland | |
| Lambras Holdings AG | Switzerland | |
| Mondelez Europe GmbH | Switzerland | |
| Mondelez Europe Procurement GmbH | Switzerland | |
| Mondelez Europe Services GmbH | Switzerland | |
| Mondelez International Finance AG | Switzerland | |
| Mondelez Schweiz GmbH | Switzerland | |
| Mondelez Schweiz Production GmbH | Switzerland | |
| Mondelez World Travel Retail GmbH | Switzerland | |
| Taloca GmbH | Switzerland | |
| Nabisco International Limited (Taiwan) | Taiwan | |
| Mondelez Taiwan Limited | Taiwan | |
| Cadbury Adams (Thailand) Limited | Thailand | |
| Cadbury South East Asia Limited | Thailand | |
| Mondelez (Thailand) Co., Ltd. | Thailand | |
| Nabisco International Limited (Trinidad) | Trinidad | |
| Kraft Foods (Trinidad) Unlimited | Trinidad | |
| Kent Gida Maddeleri Sanayii ve Ticaret Anonim Sirketi | Turkey | |
| Cadbury South Africa (Holdings) | UK/South Africa | |
| Public Joint Stock Company Mondel?z Ukraina | Ukraine | |
| Dirol Cadbury Ukraine SFE | Ukraine | |
| LLC Chipsy LYUKS | Ukraine | |
| Mondelez Eastern Europe Middle East & Africe FZE | United Arab Emirates | |
| Arcadian of Devon Limited | United Kingdom | |
| Brentwick Limited | United Kingdom | |
| Cadbury Eight LLP | United Kingdom | |
| Cadbury Eleven LLP | United Kingdom | |
| Cadbury Financial Services | United Kingdom | |
| Cadbury Five LLP | United Kingdom | |
| Cadbury Four LLP | United Kingdom | |
| Cadbury International Limited | United Kingdom | |
| Cadbury Limited | United Kingdom | |
| Cadbury New Zealand LLP | United Kingdom | |
| Cadbury Nine LLP | United Kingdom | |
| Cadbury Nominees Limited | United Kingdom | |
| Cadbury One LLP | United Kingdom | |
| - | ||
| Entity Name | Country | |
| Cadbury Russia Limited | United Kingdom | |
| Cadbury Russia Two Ltd | United Kingdom | |
| Cadbury Schweppes Finance Limited | United Kingdom | |
| Cadbury Schweppes Investments Ltd | United Kingdom | |
| Cadbury Schweppes Overseas Limited | United Kingdom | |
| Cadbury Seven LLP | United Kingdom | |
| Cadbury Six LLP | United Kingdom | |
| Cadbury Ten LLP | United Kingdom | |
| Cadbury Three LLP | United Kingdom | |
| Cadbury Twelve LLP | United Kingdom | |
| Cadbury Two LLP | United Kingdom | |
| Cadbury UK Limited | United Kingdom | |
| Cadbury US Holdings Limited | United Kingdom | |
| Chromium Acquisitions Limited | United Kingdom | |
| Chromium Assets Limited | United Kingdom | |
| Chromium Suchex LLP | United Kingdom | |
| Chromium Suchex No. 2 LLP | United Kingdom | |
| Chromium Suchex No. 3 LLP | United Kingdom | |
| Craven Keiller | United Kingdom | |
| Ernest Jackson & Co Limited | United Kingdom | |
| Galactogen Products Limited | United Kingdom | |
| Green & Black's Limited | United Kingdom | |
| Hesdin Investments Limited | United Kingdom | |
| Jigsaw Consortium Limited | United Kingdom | |
| Kraft Foods Investment Holdings UK Limited | United Kingdom | |
| Kraft Foods Middle East & Africa Ltd. | United Kingdom | |
| Kraft Foods UK Intellectual Property Limited | United Kingdom | |
| Kraft Foods UK IP & Production Holdings Ltd. | United Kingdom | |
| Kraft Russia Limited | United Kingdom | |
| L. Rose & Co., Limited | United Kingdom | |
| Mondelez UK Biscuit Financing Ltd | United Kingdom | |
| Mondelez UK Confectionery Production Limited | United Kingdom | |
| Mondelez UK Holdings & Services Limited | United Kingdom | |
| Mondelez UK Limited | United Kingdom | |
| Mondelez UK Production Limited | United Kingdom | |
| Mondelez UK R&D Limited | United Kingdom | |
| Reading Scientific Services Limited | United Kingdom | |
| Ritz Biscuit Company Limited | United Kingdom | |
| Schweppes Limited | United Kingdom | |
| Somerdale Limited | United Kingdom | |
| The Kenco Coffee Company Limited | United Kingdom | |
| The Old Leo Company Limited | United Kingdom | |
| Trebor Bassett Holdings Limited | United Kingdom | |
| Trebor Bassett Limited | United Kingdom | |
| - | ||
| Entity Name | Country | |
| Trebor International Limited | United Kingdom | |
| Vantas International Limited | United Kingdom | |
| Yellowcastle Limited | United Kingdom | |
| Back to Nature Food Company | United States | |
| Back to Nature Food Company, LLC | United States | |
| Cadbury Schweppes US Finance LLC | United States | |
| Callard & Bowser-Suchard, Inc. | United States | |
| Intercontinental Brands LLC | United States | |
| Intercontinental Great Brands LLC | United States | |
| KFI-USLLC IX | United States | |
| KFI-USLLC VII | United States | |
| KFI-USLLC VIII | United States | |
| KFI-USLLC XI | United States | |
| KFI-USLLC XIII | United States | |
| KFI-USLLC XIV | United States | |
| KFI-USLLC XVI | United States | |
| Kraft Foods Asia Pacific Services LLC | United States | |
| Kraft Foods Biscuit Brands Kuan LLC | United States | |
| Kraft Foods Brentwick LLC | United States | |
| Kraft Foods Holdings LLC | United States | |
| Kraft Foods International Beverages LLC | United States | |
| Kraft Foods International Biscuit Holdings LLC | United States | |
| Kraft Foods International Europe Holdings LLC | United States | |
| Kraft Foods International Holdings Delaware LLC | United States | |
| Kraft Foods International Services LLC | United States | |
| Kraft Foods Latin America Holding LLC | United States | |
| Kraft Foods R & D, Inc. | United States | |
| Kraft Foods Taiwan Holdings LLC | United States | |
| Mondel?z BTN Holdings LLC | United States | |
| Mondel?z Global LLC | United States | |
| Mondel?z International Holdings LLC | United States | |
| Mondel?z International Service Holdings LLC | United States | |
| Mondel?z International Service LLC | United States | |
| Mondelez International SM, LLC | United States | |
| Mondelez Suchex Holdings LLC | United States | |
| Nabisco International Limited | United States | |
| Nabisco Royal Argentina LLC | United States | |
| NISA Holdings LLC | United States | |
| NSA Holdings LLC | United States | |
| Redbird Services LLC | United States | |
| Suchex IV LLC | United States | |
| The Hervin Company | United States | |
| Thrive 365 LLC | United States | |
| - | ||
| Entity Name | Country | |
| C.A.S. Uruguay S.A. | Uruguay | |
| Mondelez Uruguay S.A. | Uruguay | |
| Nabisco Caribbean Export US Virgin Islands | US Virgin Islands | |
| Cadbury Adams, S.A. | Venezuela | |
| Cadbury Beverages de Venezuela CA | Venezuela | |
| Compania Venezolana de Conservas C.A. | Venezuela | |
| Covenco Holding C.A. | Venezuela | |
| Kraft Foods Venezuela, C. A. | Venezuela | |
| Promotora Cadbury Adams, C.A. | Venezuela | |
| Tevalca Holdings C.A. | Venezuela | |
| Cadbury Schweppes Zimbabwe (Private) Limited | Zimbabwe |