Amounts reclassified from accumulated other comprehensive earnings / (losses) to net earnings (net of tax) were net losses of $28 million in the three months and $206 million for the nine months ended September 30, 2016 and $134 million in the three months and $172 million in the nine months ended September 30, 2015.


	For the Three Months Ended						For the Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
	(in millions)
Currency Translation Adjustments:
Balance at beginning of period	$	(7,867	)	$	(6,438	)	$	(8,006	)	$	(5,042	)
Currency translation adjustments attributable to:
Translation of international operations ⁽¹⁾		52			(1,149	)		171			(2,749	)
Pension and other benefit plans		7			46			42			97
Derivatives accounted for as net investment hedges		(35	)		62			(58	)		303
Noncontrolling interests		(2	)		(6	)		(3	)		(22	)
Tax (expense) / benefit		13			(23	)		21			(111	)

Other comprehensive earnings / (losses)		35			(1,070	)		173			(2,482	)
Less: portion attributable to noncontrolling interests		(2	)		(6	)		(3	)		(22	)

Balance at end of period		(7,830	)		(7,502	)		(7,830	)		(7,502	)

Pension and Other Benefit Plans:
Balance at beginning of period	$	(1,865	)	$	(2,201	)	$	(1,934	)	$	(2,274	)
Net actuarial gain / (loss) arising during period		–			127			24			99
Tax (expense) / benefit on net actuarial gain / (loss)		–			(40	)		(9	)		(35	)
Losses / (gains) reclassified into net earnings:
Amortization of experience losses and prior service costs ⁽²⁾		30			46			93			165
Settlement losses ⁽²⁾		10			51			25			64
Tax (expense) / benefit on reclassifications⁽³⁾		(10	)		(28	)		(34	)		(64	)

Other comprehensive earnings / (losses)		30			156			99			229

Balance at end of period		(1,835	)		(2,045	)		(1,835	)		(2,045	)

Derivative Cash Flow Hedges:
Balance at beginning of period	$	(36	)	$	(53	)	$	(46	)	$	(2	)
Net derivative gains / (losses)		6			(113	)		(78	)		(103	)
Tax (expense) / benefit on net derivative gain / (loss)		(2	)		39			25			36
Losses / (gains) reclassified into net earnings:
Currency exchange contracts – forecasted transactions ⁽⁴⁾		7			13			3			(79	)
Commodity contracts ⁽⁴⁾		(8	)		62			7			65
Interest rate contracts ⁽⁵⁾		–			–			96			41
Tax (expense) / benefit on reclassifications⁽³⁾		(1	)		(10	)		(41	)		(20	)

Other comprehensive earnings / (losses)		2			(9	)		12			(60	)

Balance at end of period		(34	)		(62	)		(34	)		(62	)

Accumulated other comprehensive income attributable to Mondelēz International:
Balance at beginning of period	$	(9,768	)	$	(8,692	)	$	(9,986	)	$	(7,318	)
Total other comprehensive earnings / (losses)		67			(923	)		284			(2,313	)
Less: portion attributable to noncontrolling interests		(2	)		(6	)		(3	)		(22	)

Other comprehensive earnings / (losses) attributable to Mondelēz International		69			(917	)		287			(2,291	)

Balance at end of period	$	(9,699	)	$	(9,609	)	$	(9,699	)	$	(9,609	)

(1)

For the nine months ended September 30, 2016 includes $57 million of historical cumulative transaction adjustments reclassified to net earnings within the gain on equity method investment exchange in the first quarter. See Note 2, Divestitures and Acquisitions – Keurig Transaction.

(2)

These reclassified gains or losses are included in the components of net periodic benefit costs disclosed in Note 9, Benefit Plans, and equity method investment net earnings.

(3)

Taxes related to reclassified gains or losses are recorded within the provision for income taxes.

(4)

These reclassified gains or losses are recorded within cost of sales.

(5)

These reclassified gains or losses are recorded within interest and other expense, net.