XML 39 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2

Property, Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2016

Components of Property, Plant and Equipment

Property, plant and equipment consisted of the following:
						As of June 30,				As of December 31,
						2016				2015
						(in millions)
Land and land improvements						$	504			$	495
Buildings and building improvements							2,880				2,753
Machinery and equipment							10,367				10,044
Construction in progress							1,200				1,262
							14,951				14,554
Accumulated depreciation							(6,526	)			(6,192	)
Property, plant and equipment, net						$	8,425			$	8,362

Property Plant and Equipment | Asset impairment and exit costs

Schedule of Restructuring and Implementation Costs

These charges were recorded in the condensed consolidated statements of earnings within asset impairment and exit costs as follows:
		For the Three Months Ended								For the Six Months Ended
		June 30,								June 30,
		2016				2015				2016				2015
		(in millions)
Latin America		$	8			$	21			$	13			$	34
Asia Pacific			10				9				18				28
EEMEA			3				2				6				2
Europe			16				12				35				37
North America			22				13				39				34
Corporate			2				–				2				–
Total non-cash asset write-downs		$	61			$	57			$	113			$	135

2014-2018 Restructuring Program

Schedule of Restructuring and Implementation Costs

During the three and six months ended June 30, 2016 and 2015 and since inception of the 2014-2018 Restructuring Program, we recorded restructuring and implementation costs within operating income as follows:

		Latin				Asia												North
		America				Pacific				EEMEA				Europe				America (1)				Corporate (2)				Total
														(in millions)
For the Three Months Ended June 30, 2016
Restructuring Costs		$	32			$	17			$	23			$	39			$	36			$	7			$	154
Implementation Costs			12				6				7				–				35				14				74
Total		$	44			$	23			$	30			$	39			$	71			$	21			$	228
For the Six Months Ended June 30, 2016
Restructuring Costs		$	44			$	41			$	32			$	102			$	68			$	6			$	293
Implementation Costs			19				11				10				30				72				30				172
Total		$	63			$	52			$	42			$	132			$	140			$	36			$	465
For the Three Months Ended June 30, 2015
Restructuring Costs		$	32			$	18			$	11			$	48			$	19			$	7			$	135
Implementation Costs			14				7				3				6				13				4				47
Total		$	46			$	25			$	14			$	54			$	32			$	11			$	182
For the Six Months Ended June 30, 2015
Restructuring Costs		$	47			$	45			$	14			$	157			$	28			$	6			$	297
Implementation Costs			23				9				6				26				24				21				109
Total		$	70			$	54			$	20			$	183			$	52			$	27			$	406
Total Project 2014-2016 (3)
Restructuring Costs		$	270			$	189			$	114			$	422			$	238			$	45			$	1,278
Implementation Costs			74				40				26				139				147				144				570
Total		$	344			$	229			$	140			$	561			$	385			$	189			$	1,848

(1) During the six months ended June 30, 2016, our North America region implementation costs included incremental costs that we incurred related to re-negotiating collective bargaining agreements that expired at the end of February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business. We expect to incur additional costs related to these activities in future quarters of 2016.

(2) Includes adjustment for rounding.

(3) Includes all charges recorded since program inception on May 6, 2014 through June 30, 2016.

X

- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 13
-Subparagraph b
-Article 5

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_FairValueByAssetClassAxis=us-gaap_PropertyPlantAndEquipmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_IncomeStatementLocationAxis=mdlz_AssetImpairmentChargesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RestructuringPlanAxis=mdlz_TwoThousandFourteenToTwoThousandEighteenRestructuringProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: