Attached files

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EXCEL - IDEA: XBRL DOCUMENT - Mondelez International, Inc.Financial_Report.xls
EX-31.2 - EX-31.2 - Mondelez International, Inc.d780145dex312.htm
EX-31.1 - EX-31.1 - Mondelez International, Inc.d780145dex311.htm
EX-32.1 - EX-32.1 - Mondelez International, Inc.d780145dex321.htm
10-Q - 10-Q - Mondelez International, Inc.d780145d10q.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
September 30, 2014
    For the Nine
Months Ended
September 30, 2014
 

Earnings before income taxes

   $ 1,080      $ 1,936   

Add / (Deduct):

    

Equity in net earnings of less than 50% owned affiliates

     (23     (83

Dividends from less than 50% owned affiliates

            60   

Fixed charges

     232        730   

Interest capitalized, net of amortization

            (1
  

 

 

   

 

 

 

Earnings available for fixed charges

   $ 1,289      $ 2,642   
  

 

 

   

 

 

 

Fixed charges:

    

Interest incurred:

    

Interest expense

   $ 212      $ 669   

Capitalized interest

            1   
  

 

 

   

 

 

 
     212        670   

Portion of rent expense deemed to represent interest factor

     20        60   
  

 

 

   

 

 

 

Fixed charges

   $ 232      $ 730   
  

 

 

   

 

 

 

Ratio of earnings to fixed charges

     5.6        3.6