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Equity Method Investments (Tables) | 12 Months Ended
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Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Accounting Standards Update and Change in Accounting Principle | The following tables show the primary line items on the consolidated statements of earnings and comprehensive earnings and the consolidated balance sheet that changed as a result of the reporting lag for JDE Peet's. The consolidated statements of cash flow and equity were also updated to reflect these changes.
| For the Years Ended
| December 31, 2019 |  | December 31, 2018
| As Reported |  | As Recast |  | As Reported |  | As Recast
| (in millions, except per share data)
Statements of Earnings |  |  |  |  |  |  |
Equity method investment net earnings | $ | 442 |  |  | $ | 501 |  |  | $ | 548 |  |  | $ | 484 |
Net earnings | 3,885 |  |  | 3,944 |  |  | 3,395 |  |  | 3,331 |
Net earnings attributable to Mondelēz International | 3,870 |  |  | 3,929 |  |  | 3,381 |  |  | 3,317 |
Earnings per share attributable to Mondelēz International: |  |  |  |  |  |  |
Basic EPS | $ | 2.68 |  |  | $ | 2.72 |  |  | $ | 2.30 |  |  | $ | 2.25 |
Diluted EPS | $ | 2.65 |  |  | $ | 2.69 |  |  | $ | 2.28 |  |  | $ | 2.23 |
Statements of Other Comprehensive Earnings |  |  |  |  |  |  |
Currency translation adjustment | $ | 299 |  |  | $ | 300 |  |  | $ | (865) |  |  | $ | (910) |
Pension and other benefit plans | 116 |  |  | 133 |  |  | 284 |  |  | 331 |
Derivative cash flow hedges | (45) |  |  | (45) |  |  | (54) |  |  | (54) |
Total other comprehensive earnings/(losses) | 370 |  |  | 388 |  |  | (635) |  |  | (633) |
Comprehensive earnings/(losses) attributable to Mondelēz International | 4,242 |  |  | 4,319 |  |  | 2,748 |  |  | 2,686 |
| As of December 31, 2019
| As Reported |  | As Recast
| (in millions)
Balance Sheet |  |  |
Equity method investments | $ | 7,212 |  |  | $ | 7,178 |
Total assets | 64,549 |  |  | 64,515 |
Retained earnings | 26,653 |  |  | 26,615 |
Accumulated other comprehensive losses | (10,258) |  |  | (10,254) |
Total Mondelēz International shareholders' equity | 27,275 |  |  | 27,241 |
Total equity | 27,351 |  |  | 27,317 |
Schedule of Summarized Financial Information of Equity Method Investments | Summarized financial information related to our equity method investments is reflected below. The tables below reflect the adjustments noted above for the JDE and JDEP one-quarter lag.
| As of December 31,
| 2020 |  | 2019
| (in millions)
Current assets | $ | 5,922 |  |  | $ | 5,523 |
Noncurrent assets | 72,941 |  |  | 69,587 |
Total assets | $ | 78,863 |  |  | $ | 75,110 |
Current liabilities | $ | 11,784 |  |  | $ | 9,823 |
Noncurrent liabilities | 27,752 |  |  | 28,193 |
Total liabilities | $ | 39,536 |  |  | $ | 38,016 |
Equity attributable to shareowners of investees | $ | 39,161 |  |  | $ | 37,058 |
Equity attributable to noncontrolling interests | 166 |  |  | 36 |
Total net equity of investees | $ | 39,327 |  |  | $ | 37,094 |
Mondelēz International ownership interests | 8-50% |  | 13-50%
Equity method investments (1) | $ | 6,036 |  |  | $ | 7,178 |
| For the Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (in millions)
Net revenues | $ | 20,112 |  |  | $ | 19,361 |  |  | $ | 14,419 |
Gross profit | 9,856 |  |  | 9,781 |  |  | 5,989 |
Income from continuing operations | 2,078 |  |  | 2,216 |  |  | 1,753 |
Net income | 2,078 |  |  | 2,216 |  |  | 1,753 |
Net income attributable to investees | $ | 2,070 |  |  | $ | 2,206 |  |  | $ | 1,742 |
Mondelēz International ownership interests | 8-50% |  | 13-50% |  | 13-50%
Mondelēz International share of investee net income | $ | 421 |  |  | $ | 501 |  |  | $ | 472 |
Keurig shareholder loan interest income | — |  |  | — |  |  | 12 |
Equity method investment net earnings | $ | 421 |  |  | $ | 501 |  |  | $ | 484 |
(1)Includes a basis difference of approximately $519 million as of December 31, 2020 and $333 million as of December 31, 2019 between the U.S. GAAP accounting basis for our equity method investments and the U.S. GAAP accounting basis of our investees’ equity.

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