Reclassifications from Accumulated Other Comprehensive Earnings / (Losses) (Tables)

9 Months Ended

Sep. 30, 2014

Components of Accumulated Other Comprehensive Earnings /(Losses)

The components of accumulated other comprehensive earnings / (losses) attributable to Mondelēz International were:


	Currency Translation Adjustments			Pension and Other Benefits			Derivatives Accounted for as Hedges			Total
	(in millions)

Balances at January 1, 2014	$	(1,414	)	$	(1,592	)	$	117		$	(2,889	)
Other comprehensive earnings / (losses), before reclassifications:
Currency translation adjustment⁽¹⁾		(2,069	)		90			–			(1,979	)
Pension and other benefits		–			16			–			16
Derivatives accounted for as hedges		383			–			(78	)		305
Losses / (gains) reclassified into net earnings		–			125			(22	)		103
Tax (expense) / benefit		(150	)		(47	)		57			(140	)

Total other comprehensive earnings / (losses)											(1,695	)

Balances at September 30, 2014	$	(3,250	)	$	(1,408	)	$	74		$	(4,584	)

(1)

The condensed consolidated statement of comprehensive earnings for the nine months ended September 30, 2014 includes $(19) million of currency translation adjustment attributable to noncontrolling interests.

Amounts Reclassified from Accumulated Other Comprehensive Earnings/ (Losses)

Amounts reclassified from accumulated other comprehensive earnings / (losses) during the three and nine months ended September 30, 2014 and their locations in the condensed consolidated financial statements were as follows:


	For the Three			For the Nine			Location of
	Months Ended			Months Ended			Gain / (Loss)
	September 30,			September 30,			Recognized
	2014			2014			in Net Earnings
	(in millions)

Pension and other benefits:
Reclassification of losses / (gains) into net earnings:
Amortization of experience losses and prior service costs ⁽¹⁾	$	31		$	100
Settlement losses⁽¹⁾		9			25
Tax impact		(26	)		(47	)	Provision for income taxes
Derivatives accounted for as hedges:
Reclassification of losses / (gains) into net earnings:
Currency exchange contracts – forecasted transactions		(13	)		(9	)	Cost of sales
Commodity contracts		(5	)		(16	)	Cost of sales
Interest rate contracts		–			3		Interest and other expense / (income)
Tax impact		2			3		Provision for income taxes

Total reclassifications into net earnings, net of tax	$	(2	)	$	59

(1)

These items are included in the components of net periodic benefit costs disclosed in Note 10, Benefit Plans.