Attached files
file | filename |
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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 |
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Earnings before income taxes |
$ | 7,688 | $ | 8,640 | ||||
Add / (Deduct): |
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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 | ) | ||||
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Earnings available for fixed charges |
$ | 7,947 | $ | 9,338 | ||||
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Fixed charges: |
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Interest incurred: |
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Interest expense |
$ | 161 | $ | 547 | ||||
Capitalized interest |
3 | 6 | ||||||
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164 | 553 | |||||||
Portion of rent expense deemed to represent interest factor |
26 | 77 | ||||||
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Fixed charges |
$ | 190 | $ | 630 | ||||
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Ratio of earnings to fixed charges |
41.8 | 14.8 | ||||||
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