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v3.6.0.2

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Net revenues | [1] | $ 25,923 | $ 29,636 | $ 34,244
Cost of sales |  | 15,795 | 18,124 | 21,647
Gross profit |  | 10,128 | 11,512 | 12,597
Selling, general and administrative expenses |  | 6,540 | 7,577 | 8,457
Asset impairment and exit costs |  | 852 | 901 | 692
Gains / (loss) on JDE coffee business transactions and divestiture |  | (9) | (6,822) |
Loss on deconsolidation of Venezuela |  |  | 778 |
Amortization of intangibles |  | 176 | 181 | 206
Operating income (loss) |  | 2,569 | 8,897 | 3,242
Interest and other expense, net |  | 1,115 | 1,013 | 688
Earnings before income taxes |  | 1,454 | 7,884 | 2,554
Provision for income taxes |  | (129) | (593) | (353)
Gain on equity method investment exchange |  | 43 |  |
Equity method investment net earnings |  | 301 |  |
Net earnings |  | 1,669 | 7,291 | 2,201
Noncontrolling interest earnings |  | (10) | (24) | (17)
Net earnings attributable to Mondelez International |  | $ 1,659 | $ 7,267 | $ 2,184
Per share data: |  |  |  |
Basic earnings per share attributable to Mondelez International |  | $ 1.07 | $ 4.49 | $ 1.29
Diluted earnings per share attributable to Mondelez International |  | 1.05 | 4.44 | 1.28
Dividends declared |  | $ 0.72 | $ 0.64 | $ 0.58
[1] | In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

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