EX-12.1 9 d149717dex121.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, 2016 |
Earnings from continuing operations before income taxes |  | $ | 478 |
Add / (Deduct): |  |  |  |
Dividends from less than 50% owned affiliates |  |  | 54 |
Fixed charges |  |  | 194 |
Interest capitalized, net of amortization |  |  | (1 | )
Earnings available for fixed charges |  | $ | 725 |
Fixed charges: |  |  |  |
Interest incurred: |  |  |  |
Interest expense |  | $ | 167 |
Capitalized interest |  |  | 1 |
|  |  | 168 |
Portion of rent expense deemed to represent interest factor |  |  | 26 |
Fixed charges |  | $ | 194 |
Ratio of earnings to fixed charges |  |  | 3.7 |