XML 135 R116.htm IDEA: XBRL DOCUMENT v3.6.0.2
Basic and Diluted Earnings per Share (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Earnings Per Share [Line Items]                      
Net earnings $ 93 [1] $ 548 [1] $ 471 [1] $ 557 [1] $ (716) [2] $ 7,268 [2] $ 427 [2] $ 312 [2] $ 1,669 $ 7,291 $ 2,201
Noncontrolling interest     (7) (3) (13) (2) (21) 12 (10) (24) (17)
Net earnings attributable to Mondelez International $ 93 $ 548 $ 464 $ 554 $ (729) $ 7,266 $ 406 $ 324 $ 1,659 $ 7,267 $ 2,184
Weighted-average shares for basic EPS 1,540 1,557 1,557 1,569 1,589 1,609 1,625 1,648 1,556 1,618 1,691
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares 19 19 19 18 21 20 18 17 17 19 18
Weighted-average shares for diluted EPS 1,559 1,576 1,576 1,587 1,610 1,629 1,643 1,665 1,573 1,637 1,709
Basic earnings per share attributable to Mondelez International $ 0.06 $ 0.35 $ 0.30 $ 0.35 $ (0.46) $ 4.52 $ 0.25 $ 0.20 $ 1.07 $ 4.49 $ 1.29
Diluted earnings per share attributable to Mondel?z International: $ 0.06 $ 0.35 $ 0.29 $ 0.35 $ (0.46) [3] $ 4.46 [3] $ 0.25 [3] $ 0.19 [3] $ 1.05 $ 4.44 $ 1.28
[1] See the following table for significant items that affected the comparability of earnings each quarter.
[2] Historically, we have recorded income from equity method investments within our operating income as these investments operated as extensions of our base business. Beginning in the third quarter of 2015, to align with the accounting for JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. As the after-tax equity method investment net earnings for the six months ended December 31, 2015 was less than $1 million, this line item is not shown on our consolidated statement of earnings. Pre-tax earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information. Equity method investment net earnings were lower in the third quarter of 2016 due to the JDE unfavorable tax expense disclosed in Note 2, Divestitures and Acquisitions - JDE Tax Matter Resolution.
[3] In the fourth quarter of 2015, we recorded a net loss, primarily due to the loss on deconsolidation of Venezuela and coffee business transaction final sales price adjustment. In accordance with U.S. GAAP, due to the net loss in the quarter, diluted EPS was equal to basic EPS.