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Consolidated Statements of Earnings - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net revenues [1] $ 25,896 $ 25,923 $ 29,636
Cost of sales 15,831 15,795 18,124
Gross profit 10,065 10,128 11,512
Selling, general and administrative expenses 5,911 6,540 7,577
Asset impairment and exit costs 656 852 901
Net gain on divestitures (186) (9) (6,822)
Loss on deconsolidation of Venezuela 0 0 778
Amortization of intangibles 178 176 181
Operating income 3,506 2,569 8,897
Interest and other expense, net 382 1,115 1,013
Earnings before income taxes 3,124 1,454 7,884
Provision for income taxes (688) (129) (593)
Gain on equity method investment transactions 40 43 0
Equity method investment net earnings 460 301 0
Net earnings 2,936 1,669 7,291
Noncontrolling interest earnings (14) (10) (24)
Net earnings attributable to Mondelez International $ 2,922 $ 1,659 $ 7,267
Per share data:      
Basic earnings per share attributable to Mondelez International $ 1.93 $ 1.07 $ 4.49
Diluted earnings per share attributable to Mondelez International 1.91 1.05 4.44
Dividends declared $ 0.82 $ 0.72 $ 0.64
[1] In 2015, 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. Following the deconsolidation of our Venezuela operations at the end of 2015, our 2016 and 2017 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.