Attached files
file | filename |
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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 | ) | ||||
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Earnings available for fixed charges |
$ | 677 | $ | 1,403 | ||||
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Fixed charges: |
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Interest incurred: |
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Interest expense |
$ | 160 | $ | 327 | ||||
Capitalized interest |
2 | 3 | ||||||
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162 | 330 | |||||||
Portion of rent expense deemed to represent interest factor |
26 | 53 | ||||||
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Fixed charges |
$ | 188 | $ | 383 | ||||
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Ratio of earnings to fixed charges |
3.6 | 3.7 | ||||||
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