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10-Q - FORM 10-Q - Mondelez International, Inc.d94335d10q.htm
EX-31.1 - EX-31.1 - Mondelez International, Inc.d94335dex311.htm
EX-32.1 - EX-32.1 - Mondelez International, Inc.d94335dex321.htm
EX-31.2 - EX-31.2 - Mondelez International, Inc.d94335dex312.htm

EXHIBIT 12.1

Mondelēz International, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

(in millions of U.S. dollars, except ratio)

 

    For the Three
Months Ended
September 30, 2015
    For the Nine
Months Ended
September 30, 2015
 

Earnings before income taxes

  $ 7,688      $ 8,640   

Add / (Deduct):

   

Equity in net earnings of less than 50% owned affiliates

    72        16   

Dividends from less than 50% owned affiliates

           58   

Fixed charges

    190        630   

Interest capitalized, net of amortization

    (3     (6
 

 

 

   

 

 

 

Earnings available for fixed charges

  $ 7,947      $ 9,338   
 

 

 

   

 

 

 

Fixed charges:

   

Interest incurred:

   

Interest expense

  $ 161      $ 547   

Capitalized interest

    3        6   
 

 

 

   

 

 

 
    164        553   

Portion of rent expense deemed to represent interest factor

    26        77   
 

 

 

   

 

 

 

Fixed charges

  $ 190      $ 630   
 

 

 

   

 

 

 

Ratio of earnings to fixed charges

    41.8        14.8