Mondelez International, Inc. (MDLZ) financial statements (2021 and earlier)
Company profile
| Business Address |
905 WEST FULTON MARKET CHICAGO, IL 60607 |
| State of Incorp. | IL |
| Fiscal Year End | December 31 |
| SIC | 20 - Food And Kindred Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Restricted cash and investments | 31 | 37 | |||||||
| Receivables | 2,954 | 2,927 | 3,006 | 3,526 | 3,470 | 3,846 | 4,751 | ||
| Inventory, net of allowances, customer advances and progress billings | 2,647 | 2,546 | 2,592 | 2,557 | 2,469 | 2,609 | 3,480 | ||
| Inventory | 2,647 | 2,546 | 2,592 | 2,557 | 2,469 | 2,609 | 3,480 | ||
| Other current assets | 759 | 866 | 906 | 676 | 800 | 633 | 1,408 | ||
| Other undisclosed current assets | 3,588 | 1,254 | 1,100 | 761 | 1,741 | 1,870 | 2,111 | ||
| Total current assets: | 9,979 | 7,630 | 7,604 | 7,520 | 8,480 | 8,958 | 11,750 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 252 | 122 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, right-of-use asset | 638 | 568 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 8,482 | 8,677 | 8,229 | 8,362 | 9,827 | ||||
| Long-term investments and receivables | 6,036 | 7,212 | 7,123 | 6,345 | 5,585 | 5,387 | |||
| Long-term investments | 6,036 | 7,212 | 7,123 | 6,345 | 5,585 | 5,387 | |||
| Intangible assets, net (including goodwill) | 40,377 | 38,805 | 38,727 | 39,724 | 38,377 | 39,432 | 43,724 | ||
| Goodwill | 21,895 | 20,848 | 20,725 | 21,085 | 20,276 | 20,664 | 23,389 | ||
| Intangible assets, net (excluding goodwill) | 18,482 | 17,957 | 18,002 | 18,639 | 18,101 | 18,768 | 20,335 | ||
| Deferred income tax assets | 790 | 726 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 292 | 359 | 406 | 366 | 350 | 635 | 1,461 | ||
| Defined benefit plan, assets for plan benefits | ✕ | ✕ | ✕ | ✕ | 159 | 69 | 53 | ||
| Other undisclosed noncurrent assets | 9,446 | 9,127 | 387 | 477 | 358 | ||||
| Total noncurrent assets: | 57,831 | 56,919 | 55,125 | 55,589 | 53,058 | 53,885 | 55,065 | ||
| TOTAL ASSETS: | 67,810 | 64,549 | 62,729 | 63,109 | 61,538 | 62,843 | 66,815 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,173 | 8,458 | 8,251 | 8,154 | 7,799 | 7,368 | 8,292 | ||
| Accounts payable | 6,209 | 5,853 | 5,794 | 5,705 | 5,318 | 4,890 | 5,299 | ||
| Accrued liabilities | 2,130 | 1,836 | 1,756 | 1,728 | 1,745 | 1,634 | 2,047 | ||
| Employee-related liabilities | 834 | 769 | 701 | 721 | 736 | 844 | 946 | ||
| Debt | 2,770 | 4,219 | 5,840 | 4,680 | 3,982 | 841 | 2,835 | ||
| Other liabilities | 3,216 | 2,645 | 2,646 | 2,959 | 2,636 | 2,713 | 2,880 | ||
| Total current liabilities: | 15,159 | 15,322 | 16,737 | 15,793 | 14,417 | 10,922 | 14,007 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 17,276 | 14,207 | 12,532 | 12,972 | 13,217 | 14,557 | 13,865 | ||
| Finance lease, liability | 182 | 91 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 470 | 403 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 16,624 | 13,713 | 12,532 | 12,972 | 13,217 | 14,557 | 13,865 | ||
| Liabilities, other than long-term debt | 7,280 | 7,301 | 4,220 | 8,153 | 8,689 | 9,264 | 11,113 | ||
| Accounts payable and accrued liabilities | 29 | 35 | 25 | 23 | |||||
| Deferred tax liabilities, net | ✕ | ✕ | 3,376 | 4,721 | 4,750 | 5,512 | |||
| Deferred income tax liabilities | 3,346 | 3,338 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 1,603 | 1,577 | 1,572 | 2,088 | 2,396 | 2,682 | 3,438 | ||
| Other liabilities | 2,302 | 2,351 | 2,623 | 2,689 | 1,572 | 1,832 | 2,140 | ||
| Other undisclosed noncurrent liabilities | 441 | 368 | 3,527 | (23) | |||||
| Total noncurrent liabilities: | 24,997 | 21,876 | 20,279 | 21,125 | 21,906 | 23,821 | 24,955 | ||
| Total liabilities: | 40,156 | 37,198 | 37,016 | 36,918 | 36,323 | 34,743 | 38,962 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 27,578 | 27,275 | 25,637 | 26,111 | 25,161 | 28,012 | 27,750 | ||
| Treasury stock, value | (22,204) | (21,139) | (20,185) | (18,555) | (16,713) | (14,462) | (11,112) | ||
| Additional paid in capital | 32,070 | 32,019 | 31,961 | 31,915 | 31,847 | 31,760 | 31,651 | ||
| Accumulated other comprehensive loss | (10,690) | (10,258) | (10,630) | (9,998) | (11,122) | (9,986) | (7,318) | ||
| Retained earnings | 28,402 | 26,653 | 24,491 | 22,749 | 21,149 | 20,700 | 14,529 | ||
| Stockholders' equity attributable to noncontrolling interest | 76 | 76 | 76 | 80 | 54 | 88 | 103 | ||
| Total stockholders' equity: | 27,654 | 27,351 | 25,713 | 26,191 | 25,215 | 28,100 | 27,853 | ||
| TOTAL LIABILITIES AND EQUITY: | 67,810 | 64,549 | 62,729 | 63,109 | 61,538 | 62,843 | 66,815 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 26,581 | 25,868 | 25,938 | 25,896 | 25,923 | 29,636 | 34,244 | |
| Cost of revenue (Cost of Goods and Services Sold) | (16,135) | (15,531) | (15,586) | (15,831) | (15,795) | (18,124) | (21,647) | |
| Gross profit: | 10,446 | 10,337 | 10,352 | 10,065 | 10,128 | 11,512 | 12,597 | |
| Operating expenses | (6,399) | (6,320) | (6,864) | (6,381) | (7,383) | (1,656) | (10,663) | |
| Other undisclosed operating income (loss) | (194) | (174) | (176) | (178) | (176) | (959) | 1,308 | |
| Operating income: | 3,853 | 3,843 | 3,312 | 3,506 | 2,569 | 8,897 | 3,242 | |
| Nonoperating expense | (470) | (456) | (520) | (382) | (1,115) | (1,013) | (688) | |
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | 138 | ✕ | ✕ | ✕ | ✕ | |||
| Other nonoperating income (expense) | (608) | 139 | 72 | 25 | (76) | (53) | (43) | |
| Interest and debt expense | (185) | (4) | (140) | (11) | (428) | (748) | (1,271) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 185 | 64 | 190 | 11 | 428 | 748 | 1,271 | |
| Income from continuing operations before equity method investments, income taxes: | 3,383 | 3,447 | 2,842 | 3,124 | 1,454 | 7,884 | 2,554 | |
| Income from equity method investments | 421 | 442 | 548 | 460 | 301 | |||
| Income from continuing operations before income taxes: | 3,804 | 3,889 | 3,390 | 3,584 | 1,755 | 7,884 | 2,554 | |
| Income tax expense | (1,224) | (2) | (773) | (688) | (129) | (593) | (353) | |
| Income before gain (loss) on sale of properties: | 2,580 | 3,887 | 2,617 | 2,896 | 1,626 | 7,291 | 2,201 | |
| Other undisclosed net income (loss) | 989 | (2) | 778 | 40 | 43 | |||
| Net income: | 3,569 | 3,885 | 3,395 | 2,936 | 1,669 | 7,291 | 2,201 | |
| Net loss attributable to noncontrolling interest | (14) | (15) | (14) | (14) | (10) | (24) | (17) | |
| Net income available to common stockholders, diluted: | 3,555 | 3,870 | 3,381 | 2,922 | 1,659 | 7,267 | 2,184 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 3,569 | 3,885 | 3,395 | 2,936 | 1,669 | 7,291 | 2,201 | |
| Other comprehensive income (loss) | (423) | 370 | (635) | 1,152 | (1,153) | (2,694) | (4,462) | |
| Comprehensive income (loss): | 3,146 | 4,255 | 2,760 | 4,088 | 516 | 4,597 | (2,261) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (27) | (13) | (12) | (42) | 7 | 2 | 16 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 3,119 | 4,242 | 2,748 | 4,046 | 523 | 4,599 | (2,245) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.