XML 50 R37.htm IDEA: XBRL DOCUMENT v3.19.2
Reclassifications from Accumulated Other Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2019
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 $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.