Reclassifications from Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2024

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/(gains) of $21 million in 2024, $84 million in 2023 and $21 million in 2022.


	For the Years Ended December 31,
	2024		2023		2022
	(in millions)
Currency Translation Adjustments:
Balance at beginning of period	$	(9,574)	$	(9,808)	$	(9,097)
Currency translation adjustments	(1,390)		177		(659)

Tax effect	(63)		52		(66)
Other comprehensive earnings/(losses)	(1,453)		229		(725)
less: other comprehensive (earnings)/loss attributable to noncontrolling interests	10		5		14
Balance at end of period	(11,017)		(9,574)		(9,808)
Pension and Other Benefit Plans:
Balance at beginning of period	$	(1,323)	$	(1,105)	$	(1,379)
Net actuarial gain/(loss) arising during period	(233)		(229)		149
Tax effect on net actuarial gain/(loss)	51		39		(37)
Losses/(gains) reclassified into net earnings:
Amortization of experience losses and prior service costs (1)	52		25		57
Settlement losses and other expenses (1)	15		18		16
Curtailment credit (1)	(1)		—		8
Tax (benefit) on reclassifications (3)	(14)		(11)		(21)
Currency impact	51		(60)		102
Other comprehensive earnings/(losses)	(79)		(218)		274
Balance at end of period	(1,402)		(1,323)		(1,105)
Derivative Cash Flow Hedges:
Balance at beginning of period	$	(49)	$	(34)	$	(148)
Net derivative gains/(losses)	18		(61)		160
Tax effect on net derivative gain/(loss)	6		(4)		(13)
Losses/(gains) reclassified into net earnings:
Currency exchange contracts (2)	4		—		8
Interest rate contracts (2)	(32)		48		(30)
Tax (benefit) on reclassifications (3)	(3)		4		(17)
Currency impact	4		(2)		6
Other comprehensive earnings/(losses)	(3)		(15)		114
Balance at end of period	(52)		(49)		(34)
Accumulated other comprehensive income attributable to Mondelēz International:
Balance at beginning of period	$	(10,946)	$	(10,947)	$	(10,624)
Total other comprehensive earnings/(losses)	(1,535)		(4)		(337)
less: other comprehensive (earnings)/loss attributable to noncontrolling interests	10		5		14
Other comprehensive earnings/(losses) attributable to Mondelēz International	(1,525)		1		(323)
Balance at end of period	$	(12,471)	$	(10,946)	$	(10,947)

(1)These reclassified losses are included in net periodic benefit costs disclosed in Note 11, Benefit Plans.

(2)These reclassified losses are recorded within interest and other expense, net.

(3)Taxes reclassified to earnings are recorded within the provision for income taxes.