XML 48 R35.htm IDEA: XBRL DOCUMENT
v3.22.1

Stock Plans (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Stock Options Activity | Stock option activity is reflected below:
| Shares Subject to Option |  | Weighted- Average Exercise or Grant Price Per Share |  | Average Remaining Contractual Term |  | Aggregate Intrinsic Value
Balance at January 1, 2022 | 23,503,759 |  |  | $42.65 |  | 5 years |  | $ | 556 | million
Annual grant to eligible employees | 2,180,540 |  |  | 64.65 |  |  |  |
Additional options issued | 1,710 |  |  | 65.97 |  |  |  |
Total options granted | 2,182,250 |  |  | 64.65 |  |  |  |
Options exercised (1) | (2,329,139) |  |  | 34.61 |  |  |  | $ | 74 | million
Options canceled | (208,761) |  |  | 53.50 |  |  |  |
Balance at March 31, 2022 | 23,148,109 |  |  | 45.43 |  | 6 years |  | $ | 406 | million
(1)Cash received from options exercised was $70 million in the three months ended March 31, 2022. The actual tax benefit realized and recorded in the provision for income taxes for the tax deductions from the option exercises totaled $10 million in the three months ended March 31, 2022.
Performance Share Units and Other Stock-Based Awards |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Performance Share Units and Stock-Based Awards Activity | Our performance share unit, deferred stock unit and historically granted restricted stock activity is reflected below:
| Number of Shares |  | Grant Date |  | Weighted-Average Fair Value Per Share (3) |  | Weighted-Average Aggregate Fair Value (3)
Balance at January 1, 2022 | 4,668,046 |  |  |  |  | $57.04 |  |
Annual grant to eligible employees: |  |  | Feb 24, 2022 |  |  |  |
Performance share units | 806,590 |  |  |  |  | 61.87 |  |
Deferred stock units | 505,090 |  |  |  |  | 64.65 |  |
Additional shares granted (1) | 653,365 |  |  | Various |  | 60.17 |  |
Total shares granted | 1,965,045 |  |  |  |  | 62.02 |  | $ | 122 | million
Vested (2) | (1,670,302) |  |  |  |  | 55.34 |  | $ | 92 | million
Forfeited | (187,367) |  |  |  |  | 61.42 |  |
Balance at March 31, 2022 | 4,775,422 |  |  |  |  | 59.51 |  |
(1)Includes performance share units and deferred stock units. (2)The actual tax benefit/(expense) realized and recorded in the provision for income taxes for the tax deductions from the shares vested totaled $5 million in the three months ended March 31, 2022. (3)The grant date fair value of performance share units is determined based on the Monte Carlo simulation model for the market-based total shareholder return component and the closing market price of the Company’s stock on the grant date for performance-based components. The Monte Carlo simulation model incorporates the probability of achieving the total shareholder return market condition. Compensation expense is recognized using the grant date fair values regardless of whether the market condition is achieved, so long as the requisite service has been provided.

X
- Definition Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=mdlz_DeferredStockUnitsPerformanceUnitsAndRestrictedStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |