XML 104 R20.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Reclassifications from Accumulated Other Comprehensive Income | 3 Months Ended
--- | ---
Mar. 31, 2015
Reclassifications from Accumulated Other Comprehensive Income | Note 12. Reclassifications from Accumulated Other Comprehensive Income The components of accumulated other comprehensive earnings / (losses) attributable to Mondelēz International were:
|  | Mondelēz International Shareholders’ Equity |
|  | 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) |  |  | (225 | ) |  |  | 8 |  |  |  | – |  |  |  | (217 | )
Pension and other benefits |  |  | – |  |  |  | 6 |  |  |  | – |  |  |  | 6 |
Derivatives accounted for as hedges |  |  | (15 | ) |  |  | – |  |  |  | (56 | ) |  |  | (71 | )
Losses / (gains) reclassified into net earnings |  |  | – |  |  |  | 41 |  |  |  | (2 | ) |  |  | 39 |
Tax (expense) / benefit |  |  | 6 |  |  |  | (13 | ) |  |  | 23 |  |  |  | 16 |
Total other comprehensive earnings / (losses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (227 | )
Balances at March 31, 2014 |  | $ | (1,648 | ) |  | $ | (1,550 | ) |  | $ | 82 |  |  | $ | (3,116 | )
Balances at January 1, 2015 |  | $ | (5,042 | ) |  | $ | (2,274 | ) |  | $ | (2 | ) |  | $ | (7,318 | )
Other comprehensive earnings / (losses), before reclassifications: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Currency translation adjustment(1) |  |  | (2,352 | ) |  |  | 131 |  |  |  | – |  |  |  | (2,221 | )
Pension and other benefits |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Derivatives accounted for as hedges |  |  | 525 |  |  |  | – |  |  |  | (56 | ) |  |  | 469 |
Losses / (gains) reclassified into net earnings |  |  | – |  |  |  | 55 |  |  |  | (4 | ) |  |  | 51 |
Tax (expense) / benefit |  |  | (192 | ) |  |  | (13 | ) |  |  | 16 |  |  |  | (189 | )
Total other comprehensive earnings / (losses) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,890 | )
Balances at March 31, 2015 |  | $ | (7,061 | ) |  | $ | (2,101 | ) |  | $ | (46 | ) |  | $ | (9,208 | )
| (1) | The condensed consolidated statement of other comprehensive earnings includes currency translation adjustment attributable to noncontrolling interests of $(25) million for the three months ended March 31, 2015 and $(1) million for the three months ended March 31, 2014.
Amounts reclassified from accumulated other comprehensive earnings / (losses) and their locations in the condensed consolidated financial statements were as follows:
|  | For the Three Months Ended |  |  | Location of Gain / (Loss) Recognized in Net Earnings |
|  | March 31, |  |
|  | 2015 |  |  | 2014 |  |
|  | (in millions) |  |  |  |
Pension and other benefits: |  |  |  |  |  |  |  |  |  |  |  |
Reclassification of losses / (gains) into net earnings: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of experience losses and prior service costs (1) |  | $ | 52 |  |  | $ | 34 |  |  |  |  |
Settlement losses (1) |  |  | 3 |  |  |  | 7 |  |  |  |  |
Tax impact |  |  | (13 | ) |  |  | (13 | ) |  |  | Provision for income taxes |
Derivatives accounted for as hedges: |  |  |  |  |  |  |  |  |  |  |  |
Reclassification of losses / (gains) into net earnings: |  |  |  |  |  |  |  |  |  |  |  |
Currency exchange contracts – forecasted transactions |  |  | (50 | ) |  |  | 2 |  |  |  | Cost of sales |
Commodity contracts |  |  | 5 |  |  |  | (7 | ) |  |  | Cost of sales |
Interest rate contracts |  |  | 41 |  |  |  | 3 |  |  |  | Interest and other expense, net |
Tax impact |  |  | (14 | ) |  |  | – |  |  |  | Provision for income taxes |
Total reclassifications into net earnings, net of tax |  |  | 24 |  |  |  | 26 |  |  |  |  |
| (1) | These items are included in the components of net periodic benefit costs disclosed in Note 9, Benefit Plans.

X
- Definition The entire disclosure for any adjustments made during the period to avoid double counting in comprehensive income items displayed as part of net income that also had been displayed as part of other comprehensive income in that period or earlier periods. These adjustments include reclassifications to net income of items in accumulated comprehensive income, such as deferred gains or losses on qualifying hedges when hedged item reported in net income, holding gains or losses on available-for-sale securities transferred into trading category, unrealized holding gains or losses on debt securities transferred from held-to-maturity category into available-for-sale category and accumulated translation adjustment attributable to foreign subsidiary or investment in foreign entity upon sale or liquidation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 31 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
Name: | us-gaap_DisclosureOfReclassificationAmountTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration