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Reclassifications from Accumulated Other Comprehensive Income (Tables)
3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Schedule of Amounts Reclassified from Accumulated Other Comprehensive Earnings/(Losses)
The following table summarizes the changes in the accumulated balances of each component of accumulated other comprehensive earnings/(losses) attributable to Mondelēz International. Amounts reclassified from accumulated other comprehensive earnings/(losses) to net earnings (net of tax) were net losses of $27 million in the three months ended March 31, 2018 and $43 million in the three months ended March 31, 2017.
 
For the Three Months Ended
March 31,
 
2018
 
2017
 
(in millions)
Currency Translation Adjustments:
 
 
 
Balance at beginning of period
$
(7,741
)
 
$
(8,914
)
Currency translation adjustments
160

 
512

Tax (expense)/benefit
47

 
31

Other comprehensive earnings/(losses)
207

 
543

Less: (earnings)/loss attributable to noncontrolling interests
(15
)
 
(4
)
Balance at end of period
(7,549
)
 
(8,375
)
Pension and Other Benefit Plans:
 
 
 
Balance at beginning of period
$
(2,144
)
 
$
(2,087
)
Net actuarial gain/(loss) arising during period
7

 
(6
)
Tax (expense)/benefit on net actuarial gain/(loss)

 

Losses/(gains) reclassified into net earnings:
 
 
 
Amortization of experience losses and prior service costs (1)
47

 
41

Settlement losses and other expenses (1)
7

 
4

Tax expense/(benefit) on reclassifications (2)
(13
)
 
(9
)
Currency impact
(54
)
 
(29
)
Other comprehensive earnings/(losses)
(6
)
 
1

Balance at end of period
(2,150
)
 
(2,086
)
Derivative Cash Flow Hedges:
 
 
 
Balance at beginning of period
$
(113
)
 
$
(121
)
Net derivative gains/(losses)
(29
)
 
7

Tax (expense)/benefit on net derivative gain/(loss)

 
5

Losses/(gains) reclassified into net earnings:
 
 
 
Currency exchange contracts – forecasted transactions (3)

 
1

Commodity contracts (3)

 
8

Interest rate contracts (4)
(18
)
 

Tax expense/(benefit) on reclassifications (2)
4

 
(2
)
Currency impact
(3
)
 
(1
)
Other comprehensive earnings/(losses)
(46
)
 
18

Balance at end of period
(159
)
 
(103
)
Accumulated other comprehensive income attributable to
Mondelēz International:
 
 
 
Balance at beginning of period
$
(9,998
)
 
$
(11,122
)
Total other comprehensive earnings/(losses)
155

 
562

Less: (earnings)/loss attributable to noncontrolling interests
(15
)
 
(4
)
Other comprehensive earnings/(losses) attributable to Mondelēz International
140

 
558

Balance at end of period
$
(9,858
)
 
$
(10,564
)

(1)
These reclassified losses are included in the components of net periodic benefit costs disclosed in Note 10, Benefit Plans.
(2)
Taxes reclassified to earnings are recorded within the provision for income taxes.
(3)
These reclassified gains or losses are recorded within cost of sales.
(4)
These reclassified gains or losses are recorded within interest and other expense, net.