Attached files

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10-Q - FORM 10-Q - Mondelez International, Inc.d395636d10q.htm
EX-32.1 - EX-32.1 - Mondelez International, Inc.d395636dex321.htm
EX-31.2 - EX-31.2 - Mondelez International, Inc.d395636dex312.htm
EX-31.1 - EX-31.1 - Mondelez International, Inc.d395636dex311.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      For the Six  
     Months Ended      Months Ended  
     June 30, 2016      June 30, 2016  

Earnings from continuing operations before income taxes

   $ 487       $ 965   

Add / (Deduct):

     

Dividends from less than 50% owned affiliates

     4         58   

Fixed charges

     188         383   

Interest capitalized, net of amortization

     (2      (3
  

 

 

    

 

 

 

Earnings available for fixed charges

   $ 677       $ 1,403   
  

 

 

    

 

 

 

Fixed charges:

     

Interest incurred:

     

Interest expense

   $ 160       $ 327   

Capitalized interest

     2         3   
  

 

 

    

 

 

 
     162         330   

Portion of rent expense deemed to represent interest factor

     26         53   
  

 

 

    

 

 

 

Fixed charges

   $ 188       $ 383   
  

 

 

    

 

 

 

Ratio of earnings to fixed charges

     3.6         3.7