XML 35 R22.htm IDEA: XBRL DOCUMENT
v3.19.2

Reclassifications from Accumulated Other Comprehensive Income | 6 Months Ended
--- | ---
Jun. 30, 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 $59 million in the second quarter of 2019 and $45 million in the second quarter of 2018 and $88 million in the first six months of 2019 and $72 million in the first six months of 2018.
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
| (in millions)
Currency Translation Adjustments: |  |  |  |  |  |  |
Balance at beginning of period | $ | (8,412 | ) |  | $ | (7,545 | ) |  | $ | (8,603 | ) |  | $ | (7,740 | )
Currency translation adjustments | (32 | ) |  | (720 | ) |  | 136 |  |  | (557 | )
Tax (expense)/benefit | (1 | ) |  | (156 | ) |  | 21 |  |  | (109 | )
Other comprehensive earnings/(losses) | (33 | ) |  | (876 | ) |  | 157 |  |  | (666 | )
Less: (earnings)/loss attributable to noncontrolling interests | (2 | ) |  | 12 |  |  | (1 | ) |  | (3 | )
Balance at end of period | (8,447 | ) |  | (8,409 | ) |  | (8,447 | ) |  | (8,409 | )
Pension and Other Benefit Plans: |  |  |  |  |  |  |
Balance at beginning of period | $ | (1,850 | ) |  | $ | (2,150 | ) |  | $ | (1,860 | ) |  | $ | (2,144 | )
Net actuarial gain/(loss) arising during period | 1 |  |  | 38 |  |  | (23 | ) |  | 45 |
Tax (expense)/benefit on net actuarial gain/(loss) | 1 |  |  | (9 | ) |  | 7 |  |  | (9 | )
Losses/(gains) reclassified into net earnings: |  |  |  |  |  |  |
Amortization of experience losses and prior service costs (1) | 34 |  |  | 44 |  |  | 66 |  |  | 91 |
Settlement losses and other expenses (1) | 24 |  |  | 8 |  |  | 28 |  |  | 15 |
Tax expense/(benefit) on reclassifications (2) | (11 | ) |  | (12 | ) |  | (18 | ) |  | (25 | )
Currency impact | 5 |  |  | 100 |  |  | 4 |  |  | 46 |
Other comprehensive earnings/(losses) | 54 |  |  | 169 |  |  | 64 |  |  | 163 |
Balance at end of period | (1,796 | ) |  | (1,981 | ) |  | (1,796 | ) |  | (1,981 | )
Derivative Cash Flow Hedges: |  |  |  |  |  |  |
Balance at beginning of period | $ | (236 | ) |  | $ | (159 | ) |  | $ | (167 | ) |  | $ | (113 | )
Net derivative gains/(losses) | (86 | ) |  | 17 |  |  | (163 | ) |  | (12 | )
Tax (expense)/benefit on net derivative gain/(loss) | 11 |  |  | (4 | ) |  | 19 |  |  | (4 | )
Losses/(gains) reclassified into net earnings: |  |  |  |  |  |  |
Interest rate contracts (3) | 12 |  |  | 7 |  |  | 12 |  |  | (11 | )
Tax expense/(benefit) on reclassifications (2) | — |  |  | (2 | ) |  | — |  |  | 2 |
Currency impact | 1 |  |  | 8 |  |  | 1 |  |  | 5 |
Other comprehensive earnings/(losses) | (62 | ) |  | 26 |  |  | (131 | ) |  | (20 | )
Balance at end of period | (298 | ) |  | (133 | ) |  | (298 | ) |  | (133 | )
Accumulated other comprehensive income attributable to Mondelēz International: |  |  |  |  |  |  |
Balance at beginning of period | $ | (10,498 | ) |  | $ | (9,854 | ) |  | $ | (10,630 | ) |  | $ | (9,997 | )
Total other comprehensive earnings/(losses) | (41 | ) |  | (681 | ) |  | 90 |  |  | (523 | )
Less: (earnings)/loss attributable to noncontrolling interests | (2 | ) |  | 12 |  |  | (1 | ) |  | (3 | )
Other comprehensive earnings/(losses) attributable to Mondelēz International | (43 | ) |  | (669 | ) |  | 89 |  |  | (526 | )
Balance at end of period | $ | (10,541 | ) |  | $ | (10,523 | ) |  | $ | (10,541 | ) |  | $ | (10,523 | )
(1) | These reclassified losses are included in the components of net periodic benefit costs disclosed in Note 11, Benefit Plans, and net loss on equity method investment transactions.
(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 and net loss on equity method investment transactions.

X
- Definition The entire disclosure for any adjustments made during the period to avoid double counting in comprehensive income items displayed as part of net income that also had been displayed as part of other comprehensive income in that period or earlier periods. These adjustments include reclassifications to net income of items in accumulated comprehensive income, such as deferred gains or losses on qualifying hedges when hedged item reported in net income, holding gains or losses on available-for-sale securities transferred into trading category, unrealized holding gains or losses on debt securities transferred from held-to-maturity category into available-for-sale category and accumulated translation adjustment attributable to foreign subsidiary or investment in foreign entity upon sale or liquidation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
Name: | us-gaap_DisclosureOfReclassificationAmountTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration