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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Summary
Compensation
Table Total for
PEO(1)
($)
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs(3)
($)
Average
Compensation
Actually Paid to
Non-PEO
NEOs(4)
($)
Value of Initial Fixed $100
Investment Based On:
Year
Compensation
Actually Paid to
PEO(2)
($)
Total
Shareholder
Return(5)
($)
Peer Group
Total
Shareholder
Return(6)
($)
Net
Income(7)
($)
Adjusted
Gross Profit
Growth(8)
2024
22,304,723
(4,104,612)
6,137,745
629,530
121.94
122.80
4,623
5.1%
2023
21,018,175
49,732,942
7,057,749
11,428,845
143.96
121.74
4,968
18.8%
2022
17,925,677
27,017,315
4,833,472
6,838,394
129.50
124.01
2,726
12.3%
2021
16,128,320
26,845,406
4,960,822
7,251,942
125.82
125.46
4,314
3.5%
2020
16,842,693
22,512,182
5,506,309
6,295,101
108.58
109.66
3,569
3.6%
       
Company Selected Measure Name adjusted gross profit growth        
Named Executive Officers, Footnote The dollar amounts reported are the amounts of total compensation reported in the “Total Compensation” column of our SCT for Mr. Van de Put, our Principal
Executive Officer (PEO).
The dollar amounts reported represent the average of the amounts reported for our NEOs as a group (excluding our PEO) in the “Total Compensation”
column of our SCT in each applicable year. The names of each of the NEOs (excluding our PEO) included for purposes of calculating the average amounts in
each applicable year are as follows: (i) for 2024, Mr. Zaramella, Mr. Gruber, Mr. Valle and Ms. Lilak; (ii) for 2023, Mr. Zaramella, Mr. Gruber, Mr. Brusadelli,
Ms. Stein and Mr. Valle; (iii) for 2022, Mr. Zaramella, Mr. Gruber, Mr. Brusadelli and Mr. Valle; (iv) for 2021, Mr. Zaramella, Mr. Gruber, Mr. Brusadelli and
Ms. Stein; and (v) for 2020, Mr. Zaramella, Mr. Gruber, Mr. Brusadelli and Mr. Walter.
       
Peer Group Issuers, Footnote Represents the weighted peer group TSR, weighted according to the respective company’s stock market capitalization at the beginning of each period for
which a return is indicated. The peer group used for this purpose is our Performance Peer Group as described in the CD&A, which included Campbell Soup
Company, The Coca-Cola Company, Colgate-Palmolive Company, Danone S.A., General Mills, Inc., The Hershey Company, The Kraft Heinz Company,
Nestlé S.A., PepsiCo, Inc., The Procter & Gamble Company and Unilever PLC. Kellanova was removed from the Performance Peer Group due to the
announced acquisition of Kellanova by Mars Inc., a private company which is not a member of our Performance Peer Group. If the performance peer group
used last year were used again this year (i.e., including Kellanova), the Peer Group TSR would be: $124.02 in 2024, $122.21 in 2023, $124.71 in 2022,
$125.27 in 2021 and $109.26 in 2020.
       
PEO Total Compensation Amount $ 22,304,723 $ 21,018,175 $ 17,925,677 $ 16,128,320 $ 16,842,693
PEO Actually Paid Compensation Amount $ (4,104,612) 49,732,942 27,017,315 26,845,406 22,512,182
Adjustment To PEO Compensation, Footnote The dollar amounts reported represent the amount of “compensation actually paid,” as computed in accordance with SEC rules. The dollar amounts do not
reflect the actual amount of compensation earned by or paid during the applicable year. In accordance with SEC rules, the following adjustments were made
to 2024 total compensation to determine the 2024 compensation actually paid:
Year
Reported
Summary Compensation
Table Total for PEO
($)
Less Reported Value of
Equity Awards(a)
($)
Plus Equity Award
Adjustments(b)
($)
Compensation Actually
Paid to PEO
($)
2024
22,304,723
17,313,177
(9,096,158)
(4,104,612)
(a)The dollar amount reported represents the grant date fair value of equity awards reported in the “Stock Awards” and “Option Awards” columns of our SCT
for the year.
(b)The equity award adjustments are calculated in accordance with SEC rules and the valuation assumptions used to calculate fair values did not materially
differ from those disclosed at the time of grant. The amounts deducted or added in calculating the 2024 equity award adjustments are as follows:
Year
Plus Year End Fair Value
of Outstanding and
Unvested Equity Awards
Granted in the Year
($)
Plus or Less Year over
Year Change in Fair Value
of Outstanding and
Unvested Equity Awards
Granted in Prior Years
($)
Plus or Less Change in
Fair Value from Prior Year
End through the Vesting Date
for Equity Awards Granted
in Prior Years that Vested
in the Year
($)
Plus Value of Dividends on
Stock not Otherwise
Reflected in Fair Value or
Total Compensation
($)
Total Equity
Award
Adjustments
($)
2024
8,397,717
(19,066,971)
360,958
1,212,138
(9,096,158)
       
Non-PEO NEO Average Total Compensation Amount $ 6,137,745 7,057,749 4,833,472 4,960,822 5,506,309
Non-PEO NEO Average Compensation Actually Paid Amount $ 629,530 11,428,845 6,838,394 7,251,942 6,295,101
Adjustment to Non-PEO NEO Compensation Footnote The dollar amounts reported represent the average amount of “compensation actually paid” to the NEOs as a group (excluding our PEO), as computed in
accordance with SEC rules. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group
(excluding our PEO) during the applicable year. In accordance with the SEC rules, the following adjustments were made to average total compensation for
the NEOs as a group (excluding our PEO) for each year to determine the compensation actually paid, using the same methodology described above in Note
2. This adjustment also includes adjustments to the pension values, as computed in accordance with SEC rules, show below.
Year
Average Reported
Summary Compensation
Table Total for Non‑PEO
NEOs
($)
Less Average
Reported Value of
Equity Awards
($)
Plus Average
Equity Award
Adjustments(a)
($)
Less Average
Reported Change in
the Actuarial
Present Value of
Pension Benefits(b)
($)
Plus
Average Pension
Benefit
Adjustments(c)
($)
Average
Compensation
Actually Paid to
Non-PEO NEOs
($)
2024
6,137,745
3,779,198
(1,524,781)
260,486
56,250
629,530
(a)The amounts deducted or added in calculating the total average equity award adjustments are as follows:
Year
Plus Average Year End
Fair Value of
Outstanding and
Unvested Equity Awards
Granted in the Year
($)
Plus or Less Average
Year over Year Change in
Fair Value of
Outstanding and
Unvested Equity Awards
Granted in Prior Years
($)
Plus or Less Average Change in
Fair Value from Prior Year End
through the Vesting Date for
Equity Awards Granted in Prior
Years that Vested in the Year
($)
Plus Average Value of
Dividends on Stock
Awards not Otherwise
Reflected in Fair Value or
Total Compensation
($)
Total
Average
Equity Award
Adjustments
($)
2024
1,977,730
(3,796,546)
62,208
231,827
(1,524,781)
(b)Represents the average of the amount reported in our SCT in the “Change in Pension Value” column for the year.
(c)Represents the aggregate of two components: (i) the actuarial determined service cost under the Pension Fund Mondelēz Switzerland for services
rendered during the year; and (ii) the entire cost of benefits granted in a plan amendment (or initiation) during the year that are attributed by the benefit
formula to services rendered in periods prior to the plan amendment or initiation, in each case, calculated in accordance with U.S. GAAP, on an
average basis.
       
Compensation Actually Paid vs. Total Shareholder Return Compensation Actually Paid vs. TSR
2232
 
02_437933-3_icon_payperformance_CAPtoPEO.jpg
CAP to PEO
 
02_437933-3_icon_payperformance_AvgCAPtoNEOs.jpg
Avg. CAP to NEOs
 
02_437933-3_icon_payperformance_MondelēzTSR.jpg
Mondelēz TSR
 
02_437933-3_icon_payperformance_PeerTSR.jpg
Peer TSR
       
Compensation Actually Paid vs. Net Income Compensation Actually Paid vs. Net Income
2278
 
02_437933-3_icon_payperformance_CAPtoPEO.jpg
CAP to PEO
 
02_437933-3_icon_payperformance_AvgCAPtoNEOs.jpg
Avg. CAP to NEOs
 
02_437933-3_icon_payperformance_MondelēzTSR.jpg
Net Income
       
Compensation Actually Paid vs. Company Selected Measure Compensation Actually Paid vs. Adjusted Gross Profit Growth
2342
 
02_437933-3_icon_payperformance_CAPtoPEO.jpg
CAP to PEO
 
02_437933-3_icon_payperformance_AvgCAPtoNEOs.jpg
Avg. CAP to NEOs
 
02_437933-3_icon_payperformance_MondelēzTSR.jpg
Adjusted Gross Profit Growth
       
Tabular List, Table The most important financial
performance measures we used to link executive compensation actually paid to our NEOs, for the most recently
completed fiscal year, to our performance are as follows:
Organic Volume Growth
Organic Net Revenue Growth
Adjusted Gross Profit Growth
Adjusted Operating Income Growth
Market Share
Adjusted Earnings Per Share Growth
Annualized Relative TSR
       
Total Shareholder Return Amount $ 121.94 143.96 129.50 125.82 108.58
Peer Group Total Shareholder Return Amount 122.80 121.74 124.01 125.46 109.66
Net Income (Loss) $ 4,623,000 $ 4,968,000 $ 2,726,000 $ 4,314,000 $ 3,569,000
Company Selected Measure Amount 0.051 0.188 0.123 0.035 0.036
PEO Name Mr. Van de Put        
Additional 402(v) Disclosure Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment,
and the difference between our share price at the end and the beginning of the measurement period by our share price at the beginning of the
measurement period.
Dollar values stated in millions. The dollar amounts reported represent the amount of net income reflected in our audited financial statements for the
applicable year.
The percentages reported represent the amount of adjusted gross profit growth for the applicable year. A more detailed discussion, including definitions of
such financial measures appears in Annex A.
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Organic Volume Growth        
Measure:: 2          
Pay vs Performance Disclosure          
Name Organic Net Revenue Growth        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted Gross Profit Growth        
Measure:: 4          
Pay vs Performance Disclosure          
Name Adjusted Operating Income Growth        
Measure:: 5          
Pay vs Performance Disclosure          
Name Market Share        
Measure:: 6          
Pay vs Performance Disclosure          
Name Adjusted Earnings Per Share Growth        
Measure:: 7          
Pay vs Performance Disclosure          
Name Annualized Relative TSR        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (17,313,177)        
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (9,096,158)        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 8,397,717        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (19,066,971)        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 360,958        
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,212,138        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 260,486        
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 56,250        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,779,198        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,524,781)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,977,730        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,796,546)        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 62,208        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 231,827