Attached files
file | filename |
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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 |
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Earnings from continuing operations before income taxes |
$ | 517 | $ | 1,238 | ||||
Add/(Deduct): |
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Distributed income from less than 50% owned affiliates |
10 | 132 | ||||||
Fixed charges |
153 | 293 | ||||||
Interest capitalized, net of amortization |
(2 | ) | (3 | ) | ||||
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Earnings available for fixed charges |
$ | 678 | $ | 1,660 | ||||
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Fixed charges: |
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Interest incurred: |
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Interest expense (1) |
$ | 124 | $ | 236 | ||||
Capitalized interest |
2 | 3 | ||||||
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126 | 239 | |||||||
Portion of rent expense deemed to represent interest factor |
27 | 54 | ||||||
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Fixed charges |
$ | 153 | $ | 293 | ||||
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Ratio of earnings to fixed charges |
4.4 | 5.7 | ||||||
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Notes:
(1) | Excludes interest related to uncertain tax positions, which is recorded in our tax provision. |