EX-12.1 6 d893461dex121.htm EX-12.1

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 March 31, 2015 |
Earnings before income taxes |  | $ | 425 |
Add / (Deduct): |  |  |  |
Equity in net earnings of less than 50% owned affiliates |  |  | (26 | )
Dividends from less than 50% owned affiliates |  |  | 55 |
Fixed charges |  |  | 237 |
Interest capitalized, net of amortization |  |  | (2 | )
Earnings available for fixed charges |  | $ | 689 |
Fixed charges: |  |  |  |
Interest incurred: |  |  |  |
Interest expense |  | $ | 209 |
Capitalized interest |  |  | 2 |
|  |  | 211 |
Portion of rent expense deemed to represent interest factor |  |  | 26 |
Fixed charges |  | $ | 237 |
Ratio of earnings to fixed charges |  |  | 2.9 |