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EXCEL - IDEA: XBRL DOCUMENT - Mondelez International, Inc.Financial_Report.xls
EX-10.2 - EX-10.2 - Mondelez International, Inc.d744588dex102.htm
EX-10.1 - EX-10.1 - Mondelez International, Inc.d744588dex101.htm
EX-31.1 - EX-31.1 - Mondelez International, Inc.d744588dex311.htm
EX-10.4 - EX-10.4 - Mondelez International, Inc.d744588dex104.htm
EX-31.2 - EX-31.2 - Mondelez International, Inc.d744588dex312.htm
EX-32.1 - EX-32.1 - Mondelez International, Inc.d744588dex321.htm
10-Q - 10-Q - Mondelez International, Inc.d744588d10q.htm

EXHIBIT 12

Mondelēz International, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

(in millions of dollars, except ratio)

 

     For the Three
Months Ended
June 30, 2014
    For the Six
Months Ended
June 30, 2014
 

Earnings before income taxes

   $ 733      $ 856   

Add / (Deduct):

    

Equity in net earnings of less than 50% owned affiliates

     (33     (60

Dividends from less than 50% owned affiliates

     3        60   

Fixed charges

     255        515   

Interest capitalized, net of amortization

     (1     (1
  

 

 

   

 

 

 

Earnings available for fixed charges

   $ 957      $ 1,370   
  

 

 

   

 

 

 

Fixed charges:

    

Interest incurred:

    

Interest expense

   $ 234      $ 474   

Capitalized interest

     1        1   
  

 

 

   

 

 

 
     235        475   

Portion of rent expense deemed to represent interest factor

     20        40   
  

 

 

   

 

 

 

Fixed charges

   $ 255      $ 515   
  

 

 

   

 

 

 

Ratio of earnings to fixed charges

     3.8        2.7