XML 30 R15.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Integration Program and Cost Savings Initiatives | 12 Months Ended
--- | ---
Dec. 31, 2015
Integration Program and Cost Savings Initiatives | Note 7. Integration Program and Cost Savings Initiatives Cadbury Integration Program: As a result of our combination with Cadbury Limited (formerly, Cadbury Plc or “Cadbury”) in 2010, we launched an integration program (the “Integration Program”) to combine the Cadbury operations with our operations and realize expected annual cost savings of approximately $750 million by the end of 2013 and revenue synergies from investments in distribution, marketing and product development. We achieved cost savings of approximately $800 million in 2012, a year ahead of schedule, and achieved our planned revenue synergies in 2013. Through the end of 2013, we incurred total integration charges of approximately $1.5 billion and completed incurring planned charges on the Integration Program. In 2013, we recorded Integration Program charges of $216 million in 2013 in cost of sales and selling, general and administrative expenses within our Europe, EEMEA, Asia Pacific and Latin America segments and we recorded reversals of Integration Program charges of $8 million in 2014 related to accruals no longer required. Changes in the Integration Program liability during 2015 and 2014 were:
|  | 2015 |  |  | 2014 |
|  | (in millions) |
Balance at January 1 |  | $ | 58 |  |  | $ | 145 |
Charges |  |  | – |  |  |  | (8 | )
Cash spent |  |  | (15 | ) |  |  | (69 | )
Currency / other |  |  | (7 | ) |  |  | (10 | )
Balance at December 31 |  | $ | 36 |  |  | $ | 58 |
At December 31, 2015, $10 million of our net Integration Program liability was recorded within other current liabilities and $26 million, primarily related to leased facilities no longer in use, was recorded within other long-term liabilities. Other Integration Costs: In connection with our acquisition of a biscuit operation in Vietnam in July 2015, we recorded integration charges of $9 million in 2015 in our Asia Pacific segment and in connection with our acquisition of a biscuit operation in Morocco in February 2013, we recorded integration charges of $4 million in 2014 and $4 million in 2013 in our EEMEA segment. We recorded these charges in cost of sales and selling, general and administrative expenses. See Note 2, Divestitures and Acquisitions, for more information on the acquisition. Cost Savings Initiatives: Cost savings initiatives generally include exit, disposal and other project costs outside of our restructuring programs, the Cadbury Integration Program and our other integration program costs. In 2013, we recorded a $20 million charge primarily within Latin America related to severance benefits provided to terminated employees and one-time charges and within North America related to supply chain reinvention team expenses.

X
- Definition Integration Program and Cost Savings Initiatives + References No definition available. + Details
Name: | mdlz_IntegrationProgramAndCostSavingsInitiativesTextBlock
Namespace Prefix: | mdlz_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration