Attached files

file filename
10-Q - 10-Q - Mondelez International, Inc.d940616d10q.htm
EX-31.2 - EX-31.2 - Mondelez International, Inc.d940616dex312.htm
EX-10.1 - EX-10.1 - Mondelez International, Inc.d940616dex101.htm
EX-10.3 - EX-10.3 - Mondelez International, Inc.d940616dex103.htm
EX-10.2 - EX-10.2 - Mondelez International, Inc.d940616dex102.htm
EX-32.1 - EX-32.1 - Mondelez International, Inc.d940616dex321.htm
EX-31.1 - EX-31.1 - Mondelez International, Inc.d940616dex311.htm
EX-10.4 - EX-10.4 - Mondelez International, Inc.d940616dex104.htm

EXHIBIT 12.1

Mondelēz International, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

(in millions of U.S. dollars, except ratio)

 

     For the Three
Months Ended
June 30, 2015
     For the Six
Months Ended
June 30, 2015
 

Earnings before income taxes

   $ 527       $ 952   

Add / (Deduct):

     

Equity in net earnings of less than 50% owned affiliates

     (30      (56

Dividends from less than 50% owned affiliates

     3         58   

Fixed charges

     204         441   

Interest capitalized, net of amortization

     (1      (3
  

 

 

    

 

 

 

Earnings available for fixed charges

   $ 703       $ 1,392   
  

 

 

    

 

 

 

Fixed charges:

     

Interest incurred:

     

Interest expense

   $ 177       $ 386   

Capitalized interest

     1         3   
  

 

 

    

 

 

 
     178         389   

Portion of rent expense deemed to represent interest factor

     26         52   
  

 

 

    

 

 

 

Fixed charges

   $ 204       $ 441   
  

 

 

    

 

 

 

Ratio of earnings to fixed charges

     3.4         3.2