Attached files
| file | filename |
|---|---|
| EX-32.1 - EX-32.1 - Mondelez International, Inc. | d456152dex321.htm |
| EX-31.2 - EX-31.2 - Mondelez International, Inc. | d456152dex312.htm |
| EX-31.1 - EX-31.1 - Mondelez International, Inc. | d456152dex311.htm |
| 10-Q - FORM 10-Q - Mondelez International, Inc. | d456152d10q.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 September 30, 2017 |
For the Nine Months Ended September 30, 2017 |
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| Earnings from continuing operations before income taxes |
$ | 1,162 | $ | 2,400 | ||||
| Add/(Deduct): |
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| Distributed income from less than 50% owned affiliates |
11 | 143 | ||||||
| Fixed charges |
62 | 355 | ||||||
| Interest capitalized, net of amortization |
(1 | ) | (4 | ) | ||||
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| Earnings available for fixed charges |
$ | 1,234 | $ | 2,894 | ||||
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| Fixed charges: |
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| Interest incurred: |
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| Interest expense (1) |
$ | 35 | $ | 271 | ||||
| Capitalized interest |
1 | 4 | ||||||
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| 36 | 275 | |||||||
| Portion of rent expense deemed to represent interest factor |
26 | 80 | ||||||
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| Fixed charges |
$ | 62 | $ | 355 | ||||
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| Ratio of earnings to fixed charges |
19.9 | 8.2 | ||||||
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Notes:
| (1) | Excludes interest related to uncertain tax positions, which is recorded in our tax provision. |