Attached files
| file | filename |
|---|---|
| EX-10.8 - EX-10.8 - Mondelez International, Inc. | d840894dex108.htm |
| EX-21.1 - EX-21.1 - Mondelez International, Inc. | d840894dex211.htm |
| EX-10.7 - EX-10.7 - Mondelez International, Inc. | d840894dex107.htm |
| EX-31.2 - EX-31.2 - Mondelez International, Inc. | d840894dex312.htm |
| EX-31.1 - EX-31.1 - Mondelez International, Inc. | d840894dex311.htm |
| EX-10.9 - EX-10.9 - Mondelez International, Inc. | d840894dex109.htm |
| EX-32.1 - EX-32.1 - Mondelez International, Inc. | d840894dex321.htm |
| EX-23.1 - EX-23.1 - Mondelez International, Inc. | d840894dex231.htm |
| EX-10.11 - EX-10.11 - Mondelez International, Inc. | d840894dex1011.htm |
| EX-10.19 - EX-10.19 - Mondelez International, Inc. | d840894dex1019.htm |
| EX-10.10 - EX-10.10 - Mondelez International, Inc. | d840894dex1010.htm |
| EXCEL - IDEA: XBRL DOCUMENT - Mondelez International, Inc. | Financial_Report.xls |
| 10-K - 10-K - Mondelez International, Inc. | d840894d10k.htm |
EXHIBIT 12.1
Mondelēz International, Inc. and Subsidiaries
Computation of Ratios of Earnings to Fixed Charges
(in millions of dollars)
| Years Ended December 31, | ||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
| Earnings from continuing operations before income taxes |
$ | 2,554 | $ | 2,392 | $ | 1,774 | $ | 1,880 | $ | 726 | ||||||||||
| Add / (Deduct): |
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| Equity in net earnings of less than 50% owned affiliates |
(112 | ) | (107 | ) | (106 | ) | (84 | ) | (115 | ) | ||||||||||
| Dividends from less than 50% owned affiliates |
61 | 66 | 63 | 60 | 61 | |||||||||||||||
| Fixed charges |
965 | 1,145 | 2,323 | 2,050 | 2,209 | |||||||||||||||
| Interest capitalized, net of amortization |
(3 | ) | (2 | ) | (1 | ) | 2 | 2 | ||||||||||||
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| Earnings available for fixed charges |
$ | 3,465 | $ | 3,494 | $ | 4,053 | $ | 3,908 | $ | 2,883 | ||||||||||
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| Fixed charges: |
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| Interest incurred: |
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| Interest expense(a) |
$ | 882 | $ | 1,031 | $ | 2,206 | $ | 1,956 | $ | 2,098 | ||||||||||
| Capitalized interest |
3 | 2 | 3 | – | 1 | |||||||||||||||
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| 885 | 1,033 | 2,209 | 1,956 | 2,099 | ||||||||||||||||
| Portion of rent expense deemed to represent interest factor |
80 | 112 | 114 | 94 | 110 | |||||||||||||||
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| Fixed charges |
$ | 965 | $ | 1,145 | $ | 2,323 | $ | 2,050 | $ | 2,209 | ||||||||||
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| Ratio of earnings to fixed charges |
3.6 | 3.1 | 1.7 | 1.9 | 1.3 | |||||||||||||||
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Notes:
| (a) | Excludes interest related to uncertain tax positions, which is recorded in our tax provision. |