Attached files
file | filename |
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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 |
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Earnings before income taxes |
$ | 1,080 | $ | 1,936 | ||||
Add / (Deduct): |
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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 | ) | |||||
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Earnings available for fixed charges |
$ | 1,289 | $ | 2,642 | ||||
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Fixed charges: |
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Interest incurred: |
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Interest expense |
$ | 212 | $ | 669 | ||||
Capitalized interest |
| 1 | ||||||
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212 | 670 | |||||||
Portion of rent expense deemed to represent interest factor |
20 | 60 | ||||||
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Fixed charges |
$ | 232 | $ | 730 | ||||
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Ratio of earnings to fixed charges |
5.6 | 3.6 | ||||||
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