Exhibit 99.1

U.S. GAAP to Non-GAAP Reconciliations

In addition to reporting our U.S. GAAP operating results, we have historically reported non-GAAP financial information. Refer also to our Quarterly Reports on Form 10-Q and our Annual Report on Form 10-K for the periods presented for additional information on our GAAP to non-GAAP adjustments.

Schedule 1.1

Mondelēz International, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended March 31, 2020
		As Reported				Remove current period JDE results				Add prior period JDE results				As Recast
Net revenues		$	6,707											$	6,707
Cost of sales			4,256												4,256
Gross profit			2,451												2,451
Gross profit margin			36.5	%											36.5	%
Selling, general and administrative expenses			1,537												1,537
Asset impairment and exit costs			15												15
Amortization of intangibles			43												43
Operating income			856												856
Operating income margin			12.8	%											12.8	%
Benefit plan non-service income			(33	)											(33	)
Interest and other expense, net			190												190
Earnings before income taxes			699												699
Provision for income taxes			(148	)											(148	)
Effective tax rate			21.2	%											21.2	%
Gain on equity method investment transactions			71												71
Equity method investment net earnings			138			$	(59	)		$	42				121
Net earnings			760				(59	)			42				743
Noncontrolling interest earnings			(7	)											(7	)
Net earnings attributable to Mondelēz International		$	753			$	(59	)		$	42			$	736
Per share data:
Basic earnings per share attributable to Mondelēz International		$	0.53											$	0.51
Diluted earnings per share attributable to Mondelēz International		$	0.52											$	0.51
Average shares outstanding:
Basic			1,434												1,434
Diluted			1,445												1,445

Schedule 1.2

Mondelēz International, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Twelve Months Ended December 31, 2019
		As Reported				Remove current period JDE results				Add prior period JDE results				As Recast
Net revenues		$	25,868											$	25,868
Cost of sales			15,531												15,531
Gross profit			10,337												10,337
Gross profit margin			40.0	%											40.0	%
Selling, general and administrative expenses			6,136												6,136
Asset impairment and exit costs			228												228
Gain on divestitures			(44	)											(44	)
Amortization of intangibles			174												174
Operating income			3,843												3,843
Operating income margin			14.9	%											14.9	%
Benefit plan non-service income			(60	)											(60	)
Interest and other expense, net			456												456
Earnings before income taxes			3,447												3,447
Provision for income taxes			(2	)											(2	)
Effective tax rate			0.1	%											0.1	%
Loss on equity method investment transaction			(2	)											(2	)
Equity method investment net earnings			442			$	(195	)		$	254				501
Net earnings			3,885				(195	)			254				3,944
Noncontrolling interest earnings			(15	)											(15	)
Net earnings attributable to Mondelēz International		$	3,870			$	(195	)		$	254			$	3,929
Per share data:
Basic earnings per share attributable to Mondelēz International		$	2.68											$	2.72
Diluted earnings per share attributable to Mondelēz International		$	2.65											$	2.69
Average shares outstanding:
Basic			1,445												1,445
Diluted			1,458												1,458

Schedule 1.3

Mondelēz International, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended December 31, 2019
		As Reported				Remove current period JDE results				Add prior period JDE results				As Recast
Net revenues		$	6,913											$	6,913
Cost of sales			4,154												4,154
Gross profit			2,759												2,759
Gross profit margin			39.9	%											39.9	%
Selling, general and administrative expenses			1,750												1,750
Asset impairment and exit costs			59												59
Amortization of intangibles			44												44
Operating income			906												906
Operating income margin			13.1	%											13.1	%
Benefit plan non-service income			(18	)											(18	)
Interest and other expense, net			70												70
Earnings before income taxes			854												854
Provision for income taxes			(230	)											(230	)
Effective tax rate			26.9	%											26.9	%
Equity method investment net earnings			105			$	(43	)		$	50				112
Net earnings			729				(43	)			50				736
Noncontrolling interest earnings			(3	)											(3	)
Net earnings attributable to Mondelēz International		$	726			$	(43	)		$	50			$	733
Per share data:
Basic earnings per share attributable to Mondelēz International		$	0.50											$	0.51
Diluted earnings per share attributable to Mondelēz International		$	0.50											$	0.50
Average shares outstanding:
Basic			1,441												1,441
Diluted			1,453												1,453

Schedule 1.4

Mondelēz International, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended September 30, 2019
		As Reported				Remove current period JDE results				Add prior period JDE results				As Recast
Net revenues		$	6,355											$	6,355
Cost of sales			3,839												3,839
Gross profit			2,516												2,516
Gross profit margin			39.6	%											39.6	%
Selling, general and administrative expenses			1,466												1,466
Asset impairment and exit costs			134												134
Gain on divestitures			(3	)											(3	)
Amortization of intangibles			43												43
Operating income			876												876
Operating income margin			13.8	%											13.8	%
Benefit plan non-service income			(13	)											(13	)
Interest and other expense, net			205												205
Earnings before income taxes			684												684
Benefit for income taxes			633												633
Effective tax rate			(92.5	)%											(92.5	)%
Equity method investment net earnings			111			$	(49	)		$	52				114
Net earnings			1,428				(49	)			52				1,431
Noncontrolling interest earnings			(5	)											(5	)
Net earnings attributable to Mondelēz International		$	1,423			$	(49	)		$	52			$	1,426
Per share data:
Basic earnings per share attributable to Mondelēz International		$	0.98											$	0.99
Diluted earnings per share attributable to Mondelēz International		$	0.98											$	0.98
Average shares outstanding:
Basic			1,445												1,445
Diluted			1,458												1,458

Schedule 1.5

Mondelēz International, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended June 30, 2019
		As Reported				Remove current period JDE results				Add prior period JDE results				As Recast
Net revenues		$	6,062											$	6,062
Cost of sales			3,593												3,593
Gross profit			2,469												2,469
Gross profit margin			40.7	%											40.7	%
Selling, general and administrative expenses			1,427												1,427
Asset impairment and exit costs			15												15
Gain on divestitures			(41	)											(41	)
Amortization of intangibles			43												43
Operating income			1,025												1,025
Operating income margin			16.9	%											16.9	%
Benefit plan non-service income			(12	)											(12	)
Interest and other expense, net			101												101
Earnings before income taxes			936												936
Provision for income taxes			(216	)											(216	)
Effective tax rate			23.1	%											23.1	%
Loss on equity method investment transaction			(25	)											(25	)
Equity method investment net earnings			113			$	(53	)		$	49				109
Net earnings			808				(53	)			49				804
Noncontrolling interest earnings			(1	)											(1	)
Net earnings attributable to Mondelēz International		$	807			$	(53	)		$	49			$	803
Per share data:
Basic earnings per share attributable to Mondelēz International		$	0.56											$	0.56
Diluted earnings per share attributable to Mondelēz International		$	0.55											$	0.55
Average shares outstanding:
Basic			1,445												1,445
Diluted			1,458												1,458

Schedule 1.6

Mondelēz International, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended March 31, 2019
		As Reported				Remove current period JDE results				Add prior period JDE results				As Recast
Net revenues		$	6,538											$	6,538
Cost of sales			3,945												3,945
Gross profit			2,593												2,593
Gross profit margin			39.7	%											39.7	%
Selling, general and administrative expenses			1,493												1,493
Asset impairment and exit costs			20												20
Amortization of intangibles			44												44
Operating income			1,036												1,036
Operating income margin			15.8	%											15.8	%
Benefit plan non-service income			(17	)											(17	)
Interest and other expense, net			80												80
Earnings before income taxes			973												973
Provision for income taxes			(189	)											(189	)
Effective tax rate			19.4	%											19.4	%
Gain on equity method investment transactions			23												23
Equity method investment net earnings			113			$	(50	)		$	103				166
Net earnings			920				(50	)			103				973
Noncontrolling interest earnings			(6	)											(6	)
Net earnings attributable to Mondelēz International		$	914			$	(50	)		$	103			$	967
Per share data:
Basic earnings per share attributable to Mondelēz International		$	0.63											$	0.67
Diluted earnings per share attributable to Mondelēz International		$	0.63											$	0.66
Average shares outstanding:
Basic			1,449												1,449
Diluted			1,461												1,461

Schedule 1.7

Mondelēz International, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Twelve Months Ended December 31, 2018
		As Reported				Remove current period JDE results				Add prior period JDE results				As Recast
Net revenues		$	25,938											$	25,938
Cost of sales			15,586												15,586
Gross profit			10,352												10,352
Gross profit margin			39.9	%											39.9	%
Selling, general and administrative expenses			6,475												6,475
Asset impairment and exit costs			389												389
Amortization of intangibles			176												176
Operating income			3,312												3,312
Operating income margin			12.8	%											12.8	%
Benefit plan non-service income			(50	)											(50	)
Interest and other expense, net			520												520
Earnings before income taxes			2,842												2,842
Provision for income taxes			(773	)											(773	)
Effective tax rate			27.2	%											27.2	%
Gain on equity method investment transactions			778												778
Equity method investment net earnings			548			$	(230	)		$	166				484
Net earnings			3,395				(230	)			166				3,331
Noncontrolling interest earnings			(14	)											(14	)
Net earnings attributable to Mondelēz International		$	3,381			$	(230	)		$	166			$	3,317
Per share data:
Basic earnings per share attributable to Mondelēz International		$	2.30											$	2.25
Diluted earnings per share attributable to Mondelēz International		$	2.28											$	2.23
Average shares outstanding:
Basic			1,472												1,472
Diluted			1,486												1,486

Schedule 2.1

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended March 31, 2020
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	856			$	(33	)		$	190			$	699			$	148				21.2	%		$	(71	)		$	(121	)		$	7			$	736			$	0.51
Simplify to Grow Program			58				—				—				58				13								—				—				—				45				0.03
Mark-to-market (gains)/losses from derivatives			185				—				1				184				32								—				—				—				152				0.11
Acquisition-related costs			5				—				—				5				1								—				—				—				4				—
Net earnings from divestitures - KDP			—				—				—				—				—								—				2				—				(2	)			—
Remeasurement of net monetary position			2				—				—				2				—								—				—				—				2				—
Impact from pension participation changes			—				—				(3	)			3				1								—				—				—				2				—
Loss related to interest rate swaps			—				—				(103	)			103				24								—				—				—				79				0.06
Gain on equity method investment transactions			—				—				—				—				(17	)							71				—				—				(54	)			(0.04	)
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				1								—				(8	)			—				7				—
Adjusted (Non-GAAP) - As Recast		$	1,106			$	(33	)		$	85			$	1,054			$	203				19.3	%		$	—			$	(127	)		$	7			$	971			$	0.67
Currency																																							43				0.03
Adjusted @ Constant FX (Non-GAAP) - As Recast																																						$	1,014			$	0.70
Diluted Average Shares Outstanding																																											1,445
		For the Three Months Ended March 31, 2019
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	1,036			$	(17	)		$	80			$	973			$	189				19.4	%		$	(23	)		$	(166	)		$	6			$	967			$	0.66
Simplify to Grow Program			70				—				—				70				19								—				—				—				51				0.03
Mark-to-market (gains)/losses from derivatives			(16	)			—				—				(16	)			(3	)							—				—				—				(13	)			(0.01	)
Divestiture-related costs			(1	)			—				—				(1	)			—								—				—				—				(1	)			—
Net earnings from divestitures			(4	)			—				—				(4	)			—								—				—				—				(4	)			—
Net earnings from divestitures - KDP			—				—				—				—				—								—				1				—				(1	)			—
Remeasurement of net monetary position			2				—				—				2				—								—				—				—				2				—
CEO transition remuneration			3				—				—				3				—								—				—				—				3				—
U.S. tax reform discrete net tax expense			—				—				—				—				(1	)							—				—				—				1				—
Gain on equity method investment transactions			—				—				—				—				(5	)							23				—				—				(18	)			(0.01	)
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				4								—				(17	)			—				13				0.01
Adjusted (Non-GAAP) - As Recast		$	1,090			$	(17	)		$	80			$	1,027			$	203				19.8	%		$	—			$	(182	)		$	6			$	1,000			$	0.68
Diluted Average Shares Outstanding																																											1,461

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.    

Schedule 2.2

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Twelve Months Ended December 31, 2019
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Loss on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	3,843			$	(60	)		$	456			$	3,447			$	2				0.1	%		$	2			$	(501	)		$	15			$	3,929			$	2.69
Simplify to Grow Program			442				(6	)			—				448				103								—				—				—				345				0.24
Intangible asset impairment charges			57				—				—				57				14								—				—				—				43				0.03
Mark-to-market (gains)/losses from derivatives			(91	)			—				(1	)			(90	)			(19	)							—				—				—				(71	)			(0.05	)
Acquisition-related costs			3				—				—				3				1								—				—				—				2				—
Divestiture-related costs			6				—				—				6				—								—				—				—				6				—
Net earnings from divestitures			(9	)			—				—				(9	)			—								—				—				—				(9	)			(0.01	)
Net earnings from divestitures - KDP			—				—				—				—				(2	)							—				6				—				(4	)			—
Gain on divestitures			(44	)			—				—				(44	)			(3	)							—				—				—				(41	)			(0.03	)
Remeasurement of net monetary position			(4	)			—				—				(4	)			—								—				—				—				(4	)			—
Impact from pension participation changes			(35	)			—				(6	)			(29	)			(8	)							—				—				—				(21	)			(0.02	)
Impact from resolution of tax matters			85				—				—				85				21								—				—				—				64				0.05
CEO transition remuneration			9				—				—				9				—								—				—				—				9				0.01
Loss related to interest rate swaps			—				—				(111	)			111				—								—				—				—				111				0.08
Swiss tax reform net impacts			2				—				—				2				769								—				—				—				(767	)			(0.53	)
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				(5	)							—				—				—				5				—
Loss on equity method investment transactions			—				—				—				—				(6	)							(2	)			—				—				8				0.01
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				11								—				(56	)			—				45				0.03
Adjusted (Non-GAAP) - As Recast		$	4,264			$	(66	)		$	338			$	3,992			$	878				22.0	%		$	—			$	(551	)		$	15			$	3,650			$	2.50
Currency																																							222				0.16
Adjusted @ Constant FX (Non-GAAP) - As Recast																																						$	3,872			$	2.66
Diluted Average Shares Outstanding																																											1,458
		For the Twelve Months Ended December 31, 2018
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	3,312			$	(50	)		$	520			$	2,842			$	773				27.2	%		$	(778	)		$	(484	)		$	14			$	3,317			$	2.23
Simplify to Grow Program			626				(5	)			—				631				156								—				—				—				475				0.32
Intangible asset impairment charges			68				—				—				68				16								—				—				—				52				0.03
Mark-to-market (gains)/losses from derivatives			(141	)			—				1				(142	)			(10	)							—				—				—				(132	)			(0.09	)
Acquisition integration costs			3				—				—				3				—								—				—				—				3				—
Acquisition-related costs			13				—				—				13				3								—				—				—				10				0.01
Divestiture-related costs			(1	)			—				—				(1	)			(2	)							—				—				—				1				—
Net earnings from divestitures			(19	)			—				—				(19	)			—								—				—				—				(19	)			(0.02	)
Net earnings from divestitures - KDP			—				—				—				—				(2	)							—				8				—				(6	)			—
Remeasurement of net monetary position			11				—				—				11				—								—				—				—				11				0.01
Impact from pension participation changes			423				—				(6	)			429				108								—				—				—				321				0.22
Impact from resolution of tax matters			(15	)			—				(4	)			(11	)			6								—				—				—				(17	)			(0.01	)
CEO transition remuneration			22				—				—				22				5								—				—				—				17				0.01
Gain related to interest rate swaps			—				—				10				(10	)			(2	)							—				—				—				(8	)			(0.01	)
Loss on debt extinguishment and related expenses			—				—				(140	)			140				35								—				—				—				105				0.07
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				(19	)							—				—				—				19				0.01
Gain on equity method investment transactions			—				—				—				—				(192	)							778				—				—				(586	)			(0.39	)
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				(16	)							—				37				—				(21	)			(0.01	)
Adjusted (Non-GAAP) - As Recast		$	4,302			$	(55	)		$	381			$	3,976			$	859				21.6	%		$	—			$	(439	)		$	14			$	3,542			$	2.38
Diluted Average Shares Outstanding																																											1,486

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.    

Schedule 2.3

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended December 31, 2019
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	906			$	(18	)		$	70			$	854			$	230				26.9	%		$	—			$	(112	)		$	3			$	733			$	0.50
Simplify to Grow Program			138				—				—				138				36								—				—				—				102				0.07
Mark-to-market (gains)/losses from derivatives			(22	)			—				1				(23	)			(5	)							—				—				—				(18	)			(0.01	)
Acquisition-related costs			1				—				—				1				—								—				—				—				1				—
Net earnings from divestitures - KDP			—				—				—				—				(1	)							—				2				—				(1	)			—
Remeasurement of net monetary position			(6	)			—				—				(6	)			—								—				—				—				(6	)			—
Impact from pension participation changes			—				—				(3	)			3				1								—				—				—				2				—
Impact from resolution of tax matters			85				—				—				85				21								—				—				—				64				0.04
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				(3	)							—				—				—				3				—
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				2								—				(15	)			—				13				0.01
Rounding			(1	)			—				—				(1	)			—								—				—				—				(1	)			—
Adjusted (Non-GAAP) - As Recast		$	1,101			$	(18	)		$	68			$	1,051			$	281				26.7	%		$	—			$	(125	)		$	3			$	892			$	0.61
Currency																																							35				0.03
Adjusted @ Constant FX (Non-GAAP) - As Recast																																						$	927			$	0.64
Diluted Average Shares Outstanding																																											1,453
		For the Three Months Ended December 31, 2018
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	870			$	(3	)		$	106			$	767			$	111				14.5	%		$	(21	)		$	(83	)		$	3			$	757			$	0.51
Simplify to Grow Program			194				(2	)			—				196				45								—				—				—				151				0.10
Mark-to-market (gains)/losses from derivatives			40				—				2				38				17								—				—				—				21				0.02
Acquisition integration costs			1				—				—				1				—								—				—				—				1				—
Acquisition-related costs			(1	)			—				—				(1	)			—								—				—				—				(1	)			—
Divestiture-related costs			2				—				—				2				—								—				—				—				2				—
Net earnings from divestitures			(5	)			—				—				(5	)			1								—				—				—				(6	)			—
Net earnings from divestitures - KDP			—				—				—				—				—								—				1				—				(1	)			—
Remeasurement of net monetary position			(2	)			—				—				(2	)			—								—				—				—				(2	)			—
Impact from pension participation changes			15				—				(3	)			18				4								—				—				—				14				0.01
Impact from resolution of tax matters			(26	)			—				—				(26	)			(9	)							—				—				—				(17	)			(0.01	)
CEO transition remuneration			4				—				—				4				1								—				—				—				3				—
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				77								—				—				—				(77	)			(0.05	)
Gain on equity method investment transactions			—				—				—				—				(8	)							21				—				—				(13	)			(0.01	)
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				7								—				(40	)			—				33				0.02
Rounding			(1	)			—				—				(1	)			—								—				—				—				(1	)			—
Adjusted (Non-GAAP) - As Recast		$	1,091			$	(5	)		$	105			$	991			$	246				24.8	%		$	—			$	(122	)		$	3			$	864			$	0.59
Diluted Average Shares Outstanding																																											1,470

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.    

Schedule 2.4

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended September 30, 2019
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	876			$	(13	)		$	205			$	684			$	(633	)			(92.5	)%		$	—			$	(114	)		$	5			$	1,426			$	0.98
Simplify to Grow Program			151				(1	)			—				152				29								—				—				—				123				0.08
Intangible asset impairment charges			57				—				—				57				14								—				—				—				43				0.03
Mark-to-market (gains)/losses from derivatives			(20	)			—				(2	)			(18	)			(8	)							—				—				—				(10	)			(0.01	)
Acquisition-related costs			1				—				—				1				1								—				—				—				—				—
Divestiture-related costs			(4	)			—				—				(4	)			(1	)							—				—				—				(3	)			—
Net earnings from divestitures - KDP			—				—				—				—				—								—				1				—				(1	)			—
Gain on divestitures			(3	)			—				—				(3	)			1								—				—				—				(4	)			—
Remeasurement of net monetary position			1				—				—				1				—								—				—				—				1				—
Impact from pension participation changes			—				—				(3	)			3				—								—				—				—				3				—
CEO transition remuneration			3				—				—				3				—								—				—				—				3				—
Loss related to interest rate swaps			—				—				(111	)			111				—								—				—				—				111				0.08
Swiss tax reform net impacts			2				—				—				2				769								—				—				—				(767	)			(0.53	)
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				2								—				(12	)			—				10				0.01
Rounding			1				—				—				1				—								—				—				—				1				—
Adjusted (Non-GAAP) - As Recast		$	1,065			$	(14	)		$	89			$	990			$	174				17.6	%		$	—			$	(125	)		$	5			$	936			$	0.64
Currency																																							46				0.03
Adjusted @ Constant FX (Non-GAAP) - As Recast																																						$	982			$	0.67
Diluted Average Shares Outstanding																																											1,458
		For the Three Months Ended September 30, 2018
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	737			$	(19	)		$	86			$	670			$	310				46.3	%		$	(757	)		$	(84	)		$	3			$	1,198			$	0.81
Simplify to Grow Program			139				—				—				139				34								—				—				—				105				0.07
Intangible asset impairment charges			68				—				—				68				16								—				—				—				52				0.03
Mark-to-market (gains)/losses from derivatives			112				—				(1	)			113				12								—				—				—				101				0.07
Acquisition integration costs			(1	)			—				—				(1	)			—								—				—				—				(1	)			—
Acquisition-related costs			1				—				—				1				—								—				—				—				1				—
Net earnings from divestitures			(6	)			—				—				(6	)			—								—				—				—				(6	)			—
Net earnings from divestitures - KDP			—				—				—				—				(1	)							—				1				—				—				—
Remeasurement of net monetary position			13				—				—				13				—								—				—				—				13				0.01
Impact from pension participation changes			—				—				(3	)			3				1								—				—				—				2				—
CEO transition remuneration			4				—				—				4				1								—				—				—				3				—
Gain related to interest rate swaps			—				—				1				(1	)			—								—				—				—				(1	)			—
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				(9	)							—				—				—				9				0.01
Gain on equity method investment transactions			—				—				—				—				(184	)							757				—				—				(573	)			(0.39	)
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				2								—				(9	)			—				7				0.01
Rounding			1				—				—				1				—								—				—				—				1				—
Adjusted (Non-GAAP) - As Recast		$	1,068			$	(19	)		$	83			$	1,004			$	182				18.1	%		$	—			$	(92	)		$	3			$	911			$	0.62
Diluted Average Shares Outstanding																																											1,480

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.    

Schedule 2.5

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended June 30, 2019
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Loss on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	1,025			$	(12	)		$	101			$	936			$	216				23.1	%		$	25			$	(109	)		$	1			$	803			$	0.55
Simplify to Grow Program			83				(5	)			—				88				19								—				—				—				69				0.05
Mark-to-market (gains)/losses from derivatives			(33	)			—				—				(33	)			(3	)							—				—				—				(30	)			(0.02	)
Acquisition-related costs			1				—				—				1				—								—				—				—				1				—
Divestiture-related costs			11				—				—				11				1								—				—				—				10				0.01
Net earnings from divestitures			(5	)			—				—				(5	)			—								—				—				—				(5	)			(0.01	)
Net earnings from divestitures - KDP			—				—				—				—				(1	)							—				2				—				(1	)			—
Gain on divestitures			(41	)			—				—				(41	)			(3	)							—				—				—				(38	)			(0.03	)
Remeasurement of net monetary position			(1	)			—				—				(1	)			—								—				—				—				(1	)			—
Impact from pension participation changes			(35	)			—				—				(35	)			(9	)							—				—				—				(26	)			(0.02	)
CEO transition remuneration			3				—				—				3				—								—				—				—				3				—
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				(1	)							—				—				—				1				—
Loss on equity method investment transactions			—				—				—				—				(2	)							(25	)			—				—				27				0.02
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				3								—				(12	)			—				9				0.01
Adjusted (Non-GAAP) - As Recast		$	1,008			$	(17	)		$	101			$	924			$	220				23.8	%		$	—			$	(119	)		$	1			$	822			$	0.56
Currency																																							53				0.04
Adjusted @ Constant FX (Non-GAAP) - As Recast																																						$	875			$	0.60
Diluted Average Shares Outstanding																																											1,458
		For the Three Months Ended June 30, 2018
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	481			$	(15	)		$	248			$	248			$	15				6.0	%		$	—			$	(88	)		$	2			$	319			$	0.21
Simplify to Grow Program			179				(3	)			—				182				47								—				—				—				135				0.09
Mark-to-market (gains)/losses from derivatives			(88	)			—				—				(88	)			(14	)							—				—				—				(74	)			(0.05	)
Acquisition integration costs			2				—				—				2				—								—				—				—				2				—
Acquisition-related costs			13				—				—				13				3								—				—				—				10				0.01
Net earnings from divestitures			(2	)			—				—				(2	)			(2	)							—				—				—				—				—
Net earnings from divestitures - KDP			—				—				—				—				(1	)							—				—				—				1				—
Impact from pension participation changes			408				—				—				408				103								—				—				—				305				0.20
Impact from resolution of tax matters			11				—				(4	)			15				15								—				—				—				—				—
CEO transition remuneration			10				—				—				10				2								—				—				—				8				0.01
Loss related to interest rate swaps			—				—				(5	)			5				1								—				—				—				4				—
Loss on debt extinguishment and related expenses			—				—				(140	)			140				35								—				—				—				105				0.07
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				2								—				—				—				(2	)			—
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				1								—				(8	)			—				7				0.01
Rounding			2				—				—				2				—								—				—				—				2				—
Adjusted (Non-GAAP) - As Recast		$	1,016			$	(18	)		$	99			$	935			$	207				22.1	%		$	—			$	(96	)		$	2			$	822			$	0.55
Diluted Average Shares Outstanding																																											1,488

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.

Schedule 2.6

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Three Months Ended March 31, 2019
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	1,036			$	(17	)		$	80			$	973			$	189				19.4	%		$	(23	)		$	(166	)		$	6			$	967			$	0.66
Simplify to Grow Program			70				—				—				70				19								—				—				—				51				0.03
Mark-to-market (gains)/losses from derivatives			(16	)			—				—				(16	)			(3	)							—				—				—				(13	)			(0.01	)
Divestiture-related costs			(1	)			—				—				(1	)			—								—				—				—				(1	)			—
Net earnings from divestitures			(4	)			—				—				(4	)			—								—				—				—				(4	)			—
Net earnings from divestitures - KDP			—				—				—				—				—								—				1				—				(1	)			—
Remeasurement of net monetary position			2				—				—				2				—								—				—				—				2				—
CEO transition remuneration			3				—				—				3				—								—				—				—				3				—
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				(1	)							—				—				—				1				—
Gain on equity method investment transactions			—				—				—				—				(5	)							23				—				—				(18	)			(0.01	)
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				4								—				(17	)			—				13				0.01
Adjusted (Non-GAAP) - As Recast		$	1,090			$	(17	)		$	80			$	1,027			$	203				19.8	%		$	—			$	(182	)		$	6			$	1,000			$	0.68
Currency																																							88				0.06
Adjusted @ Constant FX (Non-GAAP) - As Recast																																						$	1,088			$	0.74
Diluted Average Shares Outstanding																																											1,461
		For the Three Months Ended March 31, 2018
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	1,224			$	(13	)		$	80			$	1,157			$	337				29.1	%		$	—			$	(229	)		$	6			$	1,043			$	0.69
Simplify to Grow Program			114				—				—				114				30								—				—				—				84				0.06
Mark-to-market (gains)/losses from derivatives			(206	)			—				—				(206	)			(25	)							—				—				—				(181	)			(0.12	)
Acquisition integration costs			1				—				—				1				—								—				—				—				1				—
Divestiture-related costs			(3	)			—				—				(3	)			(2	)							—				—				—				(1	)			—
Net earnings from divestitures			(6	)			—				—				(6	)			1								—				—				—				(7	)			(0.01	)
Net earnings from divestitures - KDP			—				—				—				—				—								—				6				—				(6	)			—
CEO transition remuneration			4				—				—				4				1								—				—				—				3				—
Gain related to interest rate swaps			—				—				14				(14	)			(3	)							—				—				—				(11	)			(0.01	)
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				(89	)							—				—				—				89				0.06
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				(26	)							—				94				—				(68	)			(0.04	)
Rounding			(1	)			—				—				(1	)			—								—				—				—				(1	)			—
Adjusted (Non-GAAP) - As Recast		$	1,127			$	(13	)		$	94			$	1,046			$	224				21.4	%		$	—			$	(129	)		$	6			$	945			$	0.63
Diluted Average Shares Outstanding																																											1,505

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.    

Schedule 2.7

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Net Earnings and Tax Rate

(in millions of U.S. dollars and shares, except per share data)

(Unaudited)

		For the Twelve Months Ended December 31, 2018
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	3,312			$	(50	)		$	520			$	2,842			$	773				27.2	%		$	(778	)		$	(484	)		$	14			$	3,317			$	2.23
Simplify to Grow Program			626				(5	)			—				631				156								—				—				—				475				0.32
Intangible asset impairment charges			68				—				—				68				16								—				—				—				52				0.03
Mark-to-market (gains)/losses from derivatives			(141	)			—				1				(142	)			(10	)							—				—				—				(132	)			(0.09	)
Acquisition integration costs			3				—				—				3				—								—				—				—				3				—
Acquisition-related costs			13				—				—				13				3								—				—				—				10				0.01
Divestiture-related costs			(1	)			—				—				(1	)			(2	)							—				—				—				1				—
Net earnings from divestitures			(19	)			—				—				(19	)			—								—				—				—				(19	)			(0.02	)
Net earnings from divestitures - KDP			—				—				—				—				(2	)							—				8				—				(6	)			—
Remeasurement of net monetary position			11				—				—				11				—								—				—				—				11				0.01
Impact from pension participation changes			423				—				(6	)			429				108								—				—				—				321				0.22
Impact from resolution of tax matters			(15	)			—				(4	)			(11	)			6								—				—				—				(17	)			(0.01	)
CEO transition remuneration			22				—				—				22				5								—				—				—				17				0.01
Gain related to interest rate swaps			—				—				10				(10	)			(2	)							—				—				—				(8	)			(0.01	)
Loss on debt extinguishment and related expenses			—				—				(140	)			140				35								—				—				—				105				0.07
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				(19	)							—				—				—				19				0.01
Gain on equity method investment transactions			—				—				—				—				(192	)							778				—				—				(586	)			(0.39	)
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				(16	)							—				37				—				(21	)			(0.01	)
Adjusted (Non-GAAP) - As Recast		$	4,302			$	(55	)		$	381			$	3,976			$	859				21.6	%		$	—			$	(439	)		$	14			$	3,542			$	2.38
Currency																																							35				0.03
Adjusted @ Constant FX (Non-GAAP) - As Recast																																						$	3,577			$	2.41
Diluted Average Shares Outstanding																																											1,486
		For the Twelve Months Ended December 31, 2017
		Operating Income				Benefit plan non- service expense / (income)				Interest and other expense, net				Earnings before income taxes				Income taxes (1)				Effective tax rate				Gain on equity method investment transactions				Equity method investment net losses / (earnings)				Non- controlling interest earnings				Net Earnings attributable to Mondelēz International				Diluted EPS attributable to Mondelēz International
Reported (GAAP) - As Recast		$	3,462			$	(44	)		$	382			$	3,124			$	666				21.3	%		$	(40	)		$	(315	)		$	14			$	2,799			$	1.83
Simplify to Grow Program			777				(15	)			—				792				190								—				—				—				602				0.39
Intangible asset impairment charges			109				—				—				109				30								—				—				—				79				0.05
Mark-to-market (gains)/losses from derivatives			96				—				—				96				6								—				—				—				90				0.06
Malware incident incremental expenses			84				—				—				84				27								—				—				—				57				0.04
Acquisition integration costs			3				—				—				3				—								—				—				—				3				—
Divestiture-related costs			31				—				(3	)			34				(8	)							—				—				—				42				0.02
Net earnings from divestitures			(92	)			—				—				(92	)			(16	)							—				6				—				(82	)			(0.06	)
Net earnings from divestitures - KDP			—				—				—				—				(1	)							—				3				—				(2	)			—
Gain on divestitures			(186	)			—				—				(186	)			(7	)							—				—				—				(179	)			(0.11	)
Impacts from resolution of tax matters			(209	)			—				72				(281	)			(75	)							—				—				—				(206	)			(0.13	)
CEO transition remuneration			14				—				—				14				5								—				—				—				9				0.01
Loss on debt extinguishment and related expenses			—				—				(11	)			11				4								—				—				—				7				—
U.S. tax reform discrete net tax (benefit)/expense			—				—				—				—				44								—				—				—				(44	)			(0.03	)
Gain on equity method investment transactions			—				—				—				—				(15	)							40				—				—				(25	)			(0.02	)
Equity method investee acquisition-related or other charges/benefits, net			—				—				—				—				10								—				(67	)			—				57				0.04
Rounding			(1	)			—				—				(1	)			—								—				—				—				(1	)			—
Adjusted (Non-GAAP) - As Recast		$	4,088			$	(59	)		$	440			$	3,707			$	860				23.2	%		$	—			$	(373	)		$	14			$	3,206			$	2.09
Diluted Average Shares Outstanding																																											1,531

⁽¹⁾  Taxes were computed for each of the items excluded from the company’s GAAP results based on the facts and tax assumptions associated with each item.    

Schedule 3.1

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

		For the Three Months Ended March 31,
		2020				2019				$ Change				% Change
Diluted EPS attributable to Mondelēz International (GAAP) - As Recast		$	0.51			$	0.66			$	(0.15	)			(22.7	)%
Simplify to Grow Program			0.03				0.03				—
Mark-to-market (gains)/losses from derivatives			0.11				(0.01	)			0.12
Loss related to interest rate swaps			0.06				—				0.06
Gain on equity method investment transactions			(0.04	)			(0.01	)			(0.03	)
Equity method investee acquisition-related or other charges/benefits, net			—				0.01				(0.01	)
Adjusted EPS (Non-GAAP) - As Recast		$	0.67			$	0.68			$	(0.01	)			(1.5	)%
Impact of unfavorable currency			0.03				—				0.03
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast		$	0.70			$	0.68			$	0.02				2.9	%

Schedule 3.2

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

		For the Twelve Months Ended December 31,
		2019				2018				$ Change				% Change
Diluted EPS attributable to Mondelēz International (GAAP) - As Recast		$	2.69			$	2.23			$	0.46				20.6	%
Simplify to Grow Program			0.24				0.32				(0.08	)
Intangible asset impairment charges			0.03				0.03				—
Mark-to-market (gains)/losses from derivatives			(0.05	)			(0.09	)			0.04
Acquisition-related costs			—				0.01				(0.01	)
Net earnings from divestitures			(0.01	)			(0.02	)			0.01
Gain on divestitures			(0.03	)			—				(0.03	)
Remeasurement of net monetary position			—				0.01				(0.01	)
Impact from pension participation changes			(0.02	)			0.22				(0.24	)
Impact from resolution of tax matters			0.05				(0.01	)			0.06
CEO transition remuneration			0.01				0.01				—
(Gain)/loss related to interest rate swaps			0.08				(0.01	)			0.09
Loss on debt extinguishment and related expenses			—				0.07				(0.07	)
Swiss tax reform net impacts			(0.53	)			—				(0.53	)
U.S. tax reform discrete net tax (benefit)/expense			—				0.01				(0.01	)
(Gain)/loss on equity method investment transactions			0.01				(0.39	)			0.40
Equity method investee acquisition-related or other charges/benefits, net			0.03				(0.01	)			0.04
Adjusted EPS (Non-GAAP) - As Recast		$	2.50			$	2.38			$	0.12				5.0	%
Impact of unfavorable currency			0.16				—				0.16
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast		$	2.66			$	2.38			$	0.28				11.8	%

Schedule 3.3

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

		For the Three Months Ended December 31,
		2019				2018				$ Change				% Change
Diluted EPS attributable to Mondelēz International (GAAP) - As Recast		$	0.50			$	0.51			$	(0.01	)			(2.0	)%
Simplify to Grow Program			0.07				0.10				(0.03	)
Mark-to-market (gains)/losses from derivatives			(0.01	)			0.02				(0.03	)
Impact from pension participation changes			—				0.01				(0.01	)
Impact from resolution of tax matters			0.04				(0.01	)			0.05
U.S. tax reform discrete net tax (benefit)/expense			—				(0.05	)			0.05
Gain on equity method investment transactions			—				(0.01	)			0.01
Equity method investee acquisition-related or other charges/benefits, net			0.01				0.02				(0.01	)
Adjusted EPS (Non-GAAP) - As Recast		$	0.61			$	0.59			$	0.02				3.4	%
Impact of unfavorable currency			0.03				—				0.03
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast		$	0.64			$	0.59			$	0.05				8.5	%

Schedule 3.4

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

		For the Three Months Ended September 30,
		2019				2018				$ Change				% Change
Diluted EPS attributable to Mondelēz International (GAAP) - As Recast		$	0.98			$	0.81			$	0.17				21.0	%
Simplify to Grow Program			0.08				0.07				0.01
Intangible asset impairment charges			0.03				0.03				—
Mark-to-market (gains)/losses from derivatives			(0.01	)			0.07				(0.08	)
Remeasurement of net monetary position			—				0.01				(0.01	)
Loss related to interest rate swaps			0.08				—				0.08
Swiss tax reform net impacts			(0.53	)			—				(0.53	)
U.S. tax reform discrete net tax (benefit)/expense			—				0.01				(0.01	)
Gain on equity method investment transactions			—				(0.39	)			0.39
Equity method investee acquisition-related or other charges/benefits, net			0.01				0.01				—
Adjusted EPS (Non-GAAP) - As Recast		$	0.64			$	0.62			$	0.02				3.2	%
Impact of unfavorable currency			0.03				—				0.03
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast		$	0.67			$	0.62			$	0.05				8.1	%

Schedule 3.5

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

		For the Three Months Ended June 30,
		2019				2018				$ Change				% Change
Diluted EPS attributable to Mondelēz International (GAAP) - As Recast		$	0.55			$	0.21			$	0.34				161.9	%
Simplify to Grow Program			0.05				0.09				(0.04	)
Mark-to-market (gains)/losses from derivatives			(0.02	)			(0.05	)			0.03
Acquisition-related costs			—				0.01				(0.01	)
Divestiture-related costs			0.01				—				0.01
Net earnings from divestitures			(0.01	)			—				(0.01	)
Gain on divestitures			(0.03	)			—				(0.03	)
Impact from pension participation changes			(0.02	)			0.20				(0.22	)
CEO transition remuneration			—				0.01				(0.01	)
Loss on debt extinguishment and related expenses			—				0.07				(0.07	)
Net loss on equity method investment transactions			0.02				—				0.02
Equity method investee acquisition-related or other charges/benefits, net			0.01				0.01				—
Adjusted EPS (Non-GAAP) - As Recast		$	0.56			$	0.55			$	0.01				1.8	%
Impact of unfavorable currency			0.04				—				0.04
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast		$	0.60			$	0.55			$	0.05				9.1	%

Schedule 3.6

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

		For the Three Months Ended March 31,
		2019				2018				$ Change				% Change
Diluted EPS attributable to Mondelēz International (GAAP) - As Recast		$	0.66			$	0.69			$	(0.03	)			(4.3	)%
Simplify to Grow Program			0.03				0.06				(0.03	)
Mark-to-market (gains)/losses from derivatives			(0.01	)			(0.12	)			0.11
Net earnings from divestitures			—				(0.01	)			0.01
Gain related to interest rate swaps			—				(0.01	)			0.01
U.S. tax reform discrete net tax (benefit)/expense			—				0.06				(0.06	)
Gain on equity method investment transactions			(0.01	)			—				(0.01	)
Equity method investee acquisition-related or other charges/benefits, net			0.01				(0.04	)			0.05
Adjusted EPS (Non-GAAP) - As Recast		$	0.68			$	0.63			$	0.05				7.9	%
Impact of unfavorable currency			0.06				—				0.06
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast		$	0.74			$	0.63			$	0.11				17.5	%

Schedule 3.7

Mondelēz International, Inc. and Subsidiaries

Reconciliation of GAAP to Non-GAAP Measures

Diluted EPS

(Unaudited)

		For the Twelve Months Ended December 31,
		2018				2017				$ Change				% Change
Diluted EPS attributable to Mondelēz International (GAAP) - As Recast		$	2.23			$	1.83			$	0.40				21.9	%
Simplify to Grow Program			0.32				0.39				(0.07	)
Intangible asset impairment charges			0.03				0.05				(0.02	)
Mark-to-market (gains)/losses from derivatives			(0.09	)			0.06				(0.15	)
Malware incident incremental expenses			—				0.04				(0.04	)
Acquisition-related costs			0.01				—				0.01
Divestiture-related costs			—				0.02				(0.02	)
Net earnings from divestitures			(0.02	)			(0.06	)			0.04
Gain on divestitures			—				(0.11	)			0.11
Remeasurement of net monetary position			0.01				—				0.01
Impact from pension participation changes			0.22				—				0.22
Impact from resolution of tax matters			(0.01	)			(0.13	)			0.12
CEO transition remuneration			0.01				0.01				—
Gain related to interest rate swaps			(0.01	)			—				(0.01	)
Loss on debt extinguishment and related expenses			0.07				—				0.07
U.S. tax reform discrete net tax (benefit)/expense			0.01				(0.03	)			0.04
Gain on equity method investment transactions			(0.39	)			(0.02	)			(0.37	)
Equity method investee acquisition-related or other charges/benefits, net			(0.01	)			0.04				(0.05	)
Adjusted EPS (Non-GAAP) - As Recast		$	2.38			$	2.09			$	0.29				13.9	%
Impact of unfavorable currency			0.03				—				0.03
Adjusted EPS @ Constant FX (Non-GAAP) - As Recast		$	2.41			$	2.09			$	0.32				15.3	%