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Reclassifications from Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Reclassifications from Accumulated Other Comprehensive Income Note 14. Reclassifications from Accumulated Other Comprehensive Income

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 $29 million in the first three months of 2019 and $27 million in the first three months of 2018.
 
For the Three Months Ended
March 31,
 
2019
 
2018
 
(in millions)
Currency Translation Adjustments:
 
 
 
Balance at beginning of period
$
(8,603
)
 
$
(7,740
)
Currency translation adjustments
168

 
163

Tax (expense)/benefit
22

 
47

Other comprehensive earnings/(losses)
190

 
210

Less: (earnings)/loss attributable to noncontrolling interests
1

 
(15
)
Balance at end of period
(8,412
)
 
(7,545
)
Pension and Other Benefit Plans:
 
 
 
Balance at beginning of period
$
(1,860
)
 
$
(2,144
)
Net actuarial gain/(loss) arising during period
(24
)
 
7

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

 

Losses/(gains) reclassified into net earnings:
 
 
 
Amortization of experience losses and prior service costs (1)
32

 
47

Settlement losses and other expenses (1)
4

 
7

Tax expense/(benefit) on reclassifications (2)
(7
)
 
(13
)
Currency impact
(1
)
 
(54
)
Other comprehensive earnings/(losses)
10

 
(6
)
Balance at end of period
(1,850
)
 
(2,150
)
Derivative Cash Flow Hedges:
 
 
 
Balance at beginning of period
$
(167
)
 
$
(113
)
Net derivative gains/(losses)
(77
)
 
(29
)
Tax (expense)/benefit on net derivative gain/(loss)
8

 

Losses/(gains) reclassified into net earnings:
 
 
 
Interest rate contracts (3)

 
(18
)
Tax expense/(benefit) on reclassifications (2)

 
4

Currency impact

 
(3
)
Other comprehensive earnings/(losses)
(69
)
 
(46
)
Balance at end of period
(236
)
 
(159
)
Accumulated other comprehensive income attributable to
   Mondelēz International:
 
 
 
Balance at beginning of period
$
(10,630
)
 
$
(9,997
)
Total other comprehensive earnings/(losses)
131

 
158

Less: (earnings)/loss attributable to noncontrolling interests
1

 
(15
)
Other comprehensive earnings/(losses) attributable to Mondelēz International
132

 
143

Balance at end of period
$
(10,498
)
 
$
(9,854
)

(1)
These reclassified losses are included in the components of net periodic benefit costs disclosed in Note 11, Benefit Plans.
(2)
Taxes reclassified to earnings are recorded within the provision for income taxes.
(3)
These reclassified gains or losses are recorded within interest and other expense, net.