Attached files
file | filename |
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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 |
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Earnings before income taxes |
$ | 527 | $ | 952 | ||||
Add / (Deduct): |
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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 | ) | ||||
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Earnings available for fixed charges |
$ | 703 | $ | 1,392 | ||||
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Fixed charges: |
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Interest incurred: |
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Interest expense |
$ | 177 | $ | 386 | ||||
Capitalized interest |
1 | 3 | ||||||
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178 | 389 | |||||||
Portion of rent expense deemed to represent interest factor |
26 | 52 | ||||||
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Fixed charges |
$ | 204 | $ | 441 | ||||
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Ratio of earnings to fixed charges |
3.4 | 3.2 | ||||||
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