Attached files

file filename
EX-32.1 - EX-32.1 - Mondelez International, Inc.d412472dex321.htm
EX-31.2 - EX-31.2 - Mondelez International, Inc.d412472dex312.htm
EX-31.1 - EX-31.1 - Mondelez International, Inc.d412472dex311.htm
EX-2.2 - EX-2.2 - Mondelez International, Inc.d412472dex22.htm
EX-2.1 - EX-2.1 - Mondelez International, Inc.d412472dex21.htm
10-Q - FORM 10-Q - Mondelez International, Inc.d412472d10q.htm

EXHIBIT 12.1

Mondelēz International, Inc. and Subsidiaries

Computation of Ratios of Earnings to Fixed Charges

(in millions of dollars, except ratio)

 

     For the Three
Months Ended
June 30, 2017
     For the Six
Months Ended
June 30, 2017
 

Earnings from continuing operations before income taxes

   $ 517      $ 1,238  

Add/(Deduct):

     

Distributed income from less than 50% owned affiliates

     10        132  

Fixed charges

     153        293  

Interest capitalized, net of amortization

     (2      (3
  

 

 

    

 

 

 

Earnings available for fixed charges

   $ 678      $ 1,660  
  

 

 

    

 

 

 

Fixed charges:

     

Interest incurred:

     

Interest expense (1)

   $ 124      $ 236  

Capitalized interest

     2        3  
  

 

 

    

 

 

 
     126        239  

Portion of rent expense deemed to represent interest factor

     27        54  
  

 

 

    

 

 

 

Fixed charges

   $ 153      $ 293  
  

 

 

    

 

 

 

Ratio of earnings to fixed charges

     4.4        5.7  
  

 

 

    

 

 

 

Notes:

  (1) Excludes interest related to uncertain tax positions, which is recorded in our tax provision.