Schedule 1 PnL
| Schedule 1 | |||||||||
| Mondelēz International, Inc. and Subsidiaries | |||||||||
| Condensed Consolidated Statements of Earnings | |||||||||
| (in millions of U.S. dollars and shares, except per share data) | |||||||||
| (Unaudited) | |||||||||
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | ||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||
| Net revenues | $ 9,355 | $ 8,984 | $ 19,435 | $ 18,297 | |||||
| Cost of sales | (5,369) | (6,047) | (12,646) | (12,930) | |||||
| Gross profit | 3,986 | 2,937 | 6,789 | 5,367 | |||||
| Selling, general and administrative expenses | (2,001) | (1,725) | (3,917) | (3,436) | |||||
| Asset impairment and exit costs | (13) | (2) | (66) | (4) | |||||
| Gain on divestiture | - | - | 1 | - | |||||
| Amortization of intangible assets | (26) | (38) | (53) | (75) | |||||
| Operating income | 1,946 | 1,172 | 2,754 | 1,852 | |||||
| Benefit plan non-service income/(expense) | 27 | (264) | 58 | (246) | |||||
| Interest and other expense, net | (74) | (53) | (138) | (206) | |||||
| Earnings before income taxes | 1,899 | 855 | 2,674 | 1,400 | |||||
| Income tax provision | (364) | (230) | (592) | (384) | |||||
| Loss on equity method investment transactions | - | - | (3) | - | |||||
| Equity method investment net earnings | 17 | 19 | 37 | 35 | |||||
| Net earnings | 1,552 | 644 | 2,116 | 1,051 | |||||
| less: Noncontrolling interest earnings | (4) | (3) | (8) | (8) | |||||
| Net earnings attributable to Mondelēz International | $ 1,548 | $ 641 | $ 2,108 | $ 1,043 | |||||
| Per share data: | |||||||||
| Basic earnings per share attributable to Mondelēz International | $ 1.21 | $ 0.49 | $ 1.64 | $ 0.80 | |||||
| Diluted earnings per share attributable to Mondelēz International | $ 1.20 | $ 0.49 | $ 1.64 | $ 0.80 |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
Schedule 2 BS
| Schedule 2 | |||
| Mondelēz International, Inc. and Subsidiaries | |||
| Condensed Consolidated Balance Sheets | |||
| (in millions of U.S. dollars) | |||
| (Unaudited) | |||
| June 30, | December 31, | ||
| 2026 | 2025 | ||
| ASSETS | |||
| Cash and cash equivalents | $ 1,716 | $ 2,125 | |
| Trade receivables | 4,010 | 3,903 | |
| Other receivables | 998 | 955 | |
| Inventories | 4,405 | 4,419 | |
| Other current assets | 1,809 | 1,549 | |
| Total current assets | 12,938 | 12,951 | |
| Property, plant and equipment, net | 10,649 | 10,667 | |
| Operating lease right-of-use assets | 732 | 731 | |
| Goodwill | 24,180 | 24,336 | |
| Intangible assets, net | 19,509 | 19,628 | |
| Prepaid pension assets | 1,251 | 1,220 | |
| Deferred income taxes | 184 | 336 | |
| Equity method investments | 619 | 667 | |
| Other assets | 1,185 | 951 | |
| TOTAL ASSETS | $ 71,247 | $ 71,487 | |
| LIABILITIES | |||
| Short-term borrowings | $ 2,327 | $ 2,688 | |
| Current portion of long-term debt | 2,663 | 1,295 | |
| Accounts payable | 9,411 | 10,139 | |
| Accrued marketing | 2,612 | 2,787 | |
| Accrued employment costs | 875 | 1,000 | |
| Other current liabilities | 3,705 | 3,955 | |
| Total current liabilities | 21,593 | 21,864 | |
| Long-term debt | 16,460 | 17,222 | |
| Long-term operating lease liabilities | 609 | 599 | |
| Deferred income taxes | 3,539 | 3,530 | |
| Accrued pension costs | 370 | 422 | |
| Accrued postretirement health care costs | 72 | 74 | |
| Other liabilities | 1,912 | 1,885 | |
| TOTAL LIABILITIES | 44,555 | 45,596 | |
| EQUITY | |||
| Common Stock | - | - | |
| Additional paid-in capital | 32,333 | 32,322 | |
| Retained earnings | 37,233 | 36,413 | |
| Accumulated other comprehensive losses | (11,283) | (11,364) | |
| Treasury stock | (31,644) | (31,533) | |
| Total Mondelēz International Shareholders' Equity | 26,639 | 25,838 | |
| Noncontrolling interest | 53 | 53 | |
| TOTAL EQUITY | 26,692 | 25,891 | |
| TOTAL LIABILITIES AND EQUITY | $ 71,247 | $ 71,487 |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
Schedule 3 CF
| Schedule 3 | |||
| Mondelēz International, Inc. and Subsidiaries | |||
| Condensed Consolidated Statements of Cash Flows | |||
| (in millions of U.S. dollars) | |||
| (Unaudited) | |||
| For the Six Months Ended June 30, | |||
| 2026 | 2025 | ||
| CASH PROVIDED BY/(USED IN) OPERATING ACTIVITIES | |||
| Net earnings | $ 2,116 | $ 1,051 | |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Depreciation and amortization | 693 | 663 | |
| Stock-based compensation expense | 87 | 65 | |
| Deferred income tax provision/(benefit) | 149 | (69) | |
| Asset impairments and accelerated depreciation | 10 | 9 | |
| Gain on divestiture | (1) | - | |
| Loss on equity method investment transactions | 3 | - | |
| Equity method investment net earnings | (37) | (35) | |
| Distributions from equity method investments | 44 | 44 | |
| Unrealized (gain)/loss on derivative contracts | (509) | 800 | |
| Contingent consideration adjustments | 3 | (38) | |
| Other non-cash items, net | (5) | 105 | |
| Changes in assets and liabilities, net of acquisitions and divestitures: | |||
| Receivables, net | (424) | 536 | |
| Inventories | (16) | (775) | |
| Accounts payable | (538) | (177) | |
| Other current assets | 142 | 108 | |
| Other current liabilities | (296) | (1,125) | |
| Change in pension and postretirement assets and liabilities, net | (99) | 238 | |
| Net cash provided by operating activities | 1,322 | 1,400 | |
| CASH PROVIDED BY/(USED IN) INVESTING ACTIVITIES | |||
| Capital expenditures | (654) | (582) | |
| Acquisitions, net of cash received | - | (15) | |
| Proceeds from divestitures | 1 | 4 | |
| Proceeds from derivative settlements | 179 | 19 | |
| Payments for derivative settlements | (270) | (55) | |
| Proceeds from investments | 25 | 30 | |
| Proceeds from sale of property, plant and equipment and other | 3 | 8 | |
| Net cash used in investing activities | (716) | (591) | |
| CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES | |||
| Issuance of Commercial paper, maturities greater than 90 days | 1,584 | - | |
| Repayments of commercial paper, maturities greater than 90 days | (587) | - | |
| Net (repayment)/issuance of short-term borrowings | (1,313) | 1,589 | |
| Long-term debt proceeds | 1,074 | 1,594 | |
| Long-term debt repayments | (304) | (1,242) | |
| Repurchases of Common Stock | (212) | (1,653) | |
| Dividends paid | (1,287) | (1,233) | |
| Other | 6 | 83 | |
| Net cash used in financing activities | (1,039) | (862) | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (3) | 240 | |
| Cash, cash equivalents and restricted cash: | |||
| (Decrease)/increase | (436) | 187 | |
| Balance at beginning of period | 2,195 | 1,400 | |
| Balance at end of period | $ 1,759 | $ 1,587 |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
Schedule 4 Org Rev
| Schedule 4 | ||||||||||||||
| Mondelēz International, Inc. and Subsidiaries | ||||||||||||||
| Reconciliation of GAAP to Non-GAAP Measures | ||||||||||||||
| Net Revenues | ||||||||||||||
| (in millions of U.S. dollars) | ||||||||||||||
| (Unaudited) | ||||||||||||||
| Latin America | AMEA | Europe | North America | Mondelēz International | Emerging Markets | Developed Markets | ||||||||
| For the Three Months Ended June 30, 2026 | ||||||||||||||
| Reported (GAAP) | $ 1,374 | $ 1,971 | $ 3,377 | $ 2,633 | $ 9,355 | $ 3,909 | $ 5,446 | |||||||
| Currency-related items | (80) | (21) | (83) | 1 | (183) | (111) | (72) | |||||||
| Organic (Non-GAAP) | $ 1,294 | $ 1,950 | $ 3,294 | $ 2,634 | $ 9,172 | $ 3,798 | $ 5,374 | |||||||
| For the Three Months Ended June 30, 2025 | ||||||||||||||
| Reported (GAAP) | $ 1,194 | $ 1,821 | $ 3,412 | $ 2,557 | $ 8,984 | $ 3,638 | $ 5,346 | |||||||
| Divestitures | - | - | - | (10) | (10) | - | (10) | |||||||
| Organic (Non-GAAP) | $ 1,194 | $ 1,821 | $ 3,412 | $ 2,547 | $ 8,974 | $ 3,638 | $ 5,336 | |||||||
| % Change - Reported (GAAP) | 15.1% | 8.2% | (1.0)% | 3.0% | 4.1% | 7.4% | 1.9% | |||||||
| Divestitures | - pp | - pp | - pp | 0.4 pp | 0.1 pp | - pp | 0.2 pp | |||||||
| Currency-related items | (6.7) | (1.1) | (2.5) | - | (2.0) | (3.0) | (1.4) | |||||||
| % Change - Organic (Non-GAAP) | 8.4% | 7.1% | (3.5)% | 3.4% | 2.2% | 4.4% | 0.7% | |||||||
| Vol/Mix | 0.5 pp | 5.2 pp | (2.1)pp | 1.2 pp | 0.7 pp | 1.6 pp | - pp | |||||||
| Pricing | 7.9 | 1.9 | (1.4) | 2.2 | 1.5 | 2.8 | 0.7 | |||||||
| Latin America | AMEA | Europe | North America | Mondelēz International | Emerging Markets | Developed Markets | ||||||||
| For the Six Months Ended June 30, 2026 | ||||||||||||||
| Reported (GAAP) | $ 2,722 | $ 4,275 | $ 7,248 | $ 5,190 | $ 19,435 | $ 8,058 | $ 11,377 | |||||||
| Currency-related items | (164) | (81) | (427) | (10) | (682) | (304) | (378) | |||||||
| Organic (Non-GAAP) | $ 2,558 | $ 4,194 | $ 6,821 | $ 5,180 | $ 18,753 | $ 7,754 | $ 10,999 | |||||||
| For the Six Months Ended June 30, 2025 | ||||||||||||||
| Reported (GAAP) | $ 2,397 | $ 3,837 | $ 6,962 | $ 5,101 | $ 18,297 | $ 7,361 | $ 10,936 | |||||||
| Divestitures | - | - | - | (21) | (21) | - | (21) | |||||||
| Organic (Non-GAAP) | $ 2,397 | $ 3,837 | $ 6,962 | $ 5,080 | $ 18,276 | $ 7,361 | $ 10,915 | |||||||
| % Change - Reported (GAAP) | 13.6% | 11.4% | 4.1% | 1.7% | 6.2% | 9.5% | 4.0% | |||||||
| Divestitures | - pp | - pp | - pp | 0.5 pp | 0.1 pp | - pp | 0.2 pp | |||||||
| Currency-related items | (6.9) | (2.1) | (6.1) | (0.2) | (3.7) | (4.2) | (3.4) | |||||||
| % Change - Organic (Non-GAAP) | 6.7% | 9.3% | (2.0)% | 2.0% | 2.6% | 5.3% | 0.8% | |||||||
| Vol/Mix | (1.3)pp | 5.5 pp | (2.7)pp | 0.4 pp | 0.1 pp | 1.0 pp | (0.5)pp | |||||||
| Pricing | 8.0 | 3.8 | 0.7 | 1.6 | 2.5 | 4.3 | 1.3 |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
Schedule 5a GP_OI
| Schedule 5a | ||||||||||||||||||||
| Mondelēz International, Inc. and Subsidiaries | ||||||||||||||||||||
| Reconciliation of GAAP to Non-GAAP Measures | ||||||||||||||||||||
| Gross Profit / Operating Income | ||||||||||||||||||||
| (in millions of U.S. dollars) | ||||||||||||||||||||
| (Unaudited) | ||||||||||||||||||||
| Gross Profit | Operating Income | |||||||||||||||||||
| For the Three Months Ended June 30, 2026 | Mondelēz International | Latin America | AMEA | Europe | North America | Unrealized G/(L) on Hedging Activities | General Corporate Expenses | Amortization of Intangibles | Other Items | Mondelēz International | ||||||||||
| Reported (GAAP) | $ 3,986 | $ 166 | $ 254 | $ 382 | $ 431 | $ 827 | $ (88) | $ (26) | $ - | $ 1,946 | ||||||||||
| Restructuring charges | - | 3 | - | 3 | 2 | - | 1 | - | - | 9 | ||||||||||
| Mark-to-market (gains)/losses from derivatives | (827) | - | - | - | - | (827) | - | - | - | (827) | ||||||||||
| Acquisition-related items | 1 | - | 11 | 1 | - | - | 1 | - | - | 13 | ||||||||||
| Incremental costs due to geopolitical conflicts | 11 | - | 11 | - | - | - | - | - | - | 11 | ||||||||||
| ERP System Implementation costs | 10 | 19 | 2 | 9 | 29 | - | - | - | - | 59 | ||||||||||
| Remeasurement of net monetary position | 1 | 4 | 4 | 4 | - | - | (1) | - | - | 11 | ||||||||||
| Adjusted (Non-GAAP) | $ 3,182 | $ 192 | $ 282 | $ 399 | $ 462 | $ - | $ (87) | $ (26) | $ - | $ 1,222 | ||||||||||
| Currency-related items | (58) | (12) | (1) | (6) | - | - | 1 | 1 | - | (17) | ||||||||||
| Adjusted @ Constant FX (Non-GAAP) | $ 3,124 | $ 180 | $ 281 | $ 393 | $ 462 | $ - | $ (86) | $ (25) | $ - | $ 1,205 | ||||||||||
| % Change - Reported (GAAP) | 35.7% | 24.8% | (6.3)% | (25.7)% | (5.1)% | n/m | (27.5)% | 31.6% | n/m | 66.0% | ||||||||||
| % Change - Adjusted (Non-GAAP) | 4.9% | 26.3% | 0.0% | (21.8)% | 4.3% | n/m | (31.8)% | 31.6% | n/m | (4.8)% | ||||||||||
| % Change - Adjusted @ Constant FX (Non-GAAP) | 3.0% | 18.4% | (0.4)% | (22.9)% | 4.3% | n/m | (30.3)% | 34.2% | n/m | (6.1)% | ||||||||||
| Reported Margin % | 42.6% | 12.1% | 12.9% | 11.3% | 16.4% | 20.8% | ||||||||||||||
| Reported Margin pp change | 9.9 pp | 1.0 pp | (2.0)pp | (3.8)pp | (1.4)pp | 7.8 pp | ||||||||||||||
| Adjusted Margin % | 34.0% | 14.0% | 14.3% | 11.8% | 17.5% | 13.1% | ||||||||||||||
| Adjusted Margin pp change | 0.2 pp | 1.3 pp | (1.2)pp | (3.1)pp | 0.1 pp | (1.2)pp | ||||||||||||||
| Gross Profit | Operating Income | |||||||||||||||||||
| For the Three Months Ended June 30, 2025 | Mondelēz International | Latin America | AMEA | Europe | North America | Unrealized G/(L) on Hedging Activities | General Corporate Expenses | Amortization of Intangibles | Other Items | Mondelēz International | ||||||||||
| Reported (GAAP) | $ 2,937 | $ 133 | $ 271 | $ 514 | $ 454 | $ (93) | $ (69) | $ (38) | $ - | $ 1,172 | ||||||||||
| Restructuring charges | (1) | - | - | (3) | - | - | (1) | - | - | (4) | ||||||||||
| Mark-to-market (gains)/losses from derivatives | 93 | - | - | - | - | 93 | - | - | - | 93 | ||||||||||
| Acquisition-related items | (1) | 2 | 13 | - | (37) | - | 1 | - | - | (21) | ||||||||||
| Divestiture-related items | - | - | - | (4) | - | - | 1 | - | - | (3) | ||||||||||
| Incremental costs due to geopolitical conflicts | - | - | - | 1 | - | - | - | - | - | 1 | ||||||||||
| ERP System Implementation costs | 5 | 14 | (2) | (2) | 26 | - | 1 | - | - | 37 | ||||||||||
| Remeasurement of net monetary position | (1) | 3 | - | 4 | - | - | 1 | - | - | 8 | ||||||||||
| Adjusted (Non-GAAP) | $ 3,032 | $ 152 | $ 282 | $ 510 | $ 443 | $ - | $ (66) | $ (38) | $ - | $ 1,283 | ||||||||||
| Reported Margin % | 32.7% | 11.1% | 14.9% | 15.1% | 17.8% | 13.0% | ||||||||||||||
| Adjusted Margin % | 33.8% | 12.7% | 15.5% | 14.9% | 17.4% | 14.3% |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
Schedule 5b GP_OI
| Schedule 5b | ||||||||||||||||||||
| Mondelēz International, Inc. and Subsidiaries | ||||||||||||||||||||
| Reconciliation of GAAP to Non-GAAP Measures | ||||||||||||||||||||
| Gross Profit / Operating Income | ||||||||||||||||||||
| (in millions of U.S. dollars) | ||||||||||||||||||||
| (Unaudited) | ||||||||||||||||||||
| Gross Profit | Operating Income | |||||||||||||||||||
| For the Six Months Ended June 30, 2026 | Mondelēz International | Latin America | AMEA | Europe | North America | Unrealized G/(L) on Hedging Activities | General Corporate Expenses | Amortization of Intangibles | Other Items | Mondelēz International | ||||||||||
| Reported (GAAP) | $ 6,789 | $ 315 | $ 580 | $ 676 | $ 815 | $ 554 | $ (134) | $ (53) | $ 1 | $ 2,754 | ||||||||||
| Restructuring charges | - | 3 | - | 46 | 6 | - | 1 | - | - | 56 | ||||||||||
| Mark-to-market (gains)/losses from derivatives | (554) | - | - | - | - | (554) | - | - | - | (554) | ||||||||||
| Acquisition-related items | - | 1 | 16 | 2 | (12) | - | - | - | - | 7 | ||||||||||
| Divestiture-related items | - | - | - | - | - | - | - | - | (1) | (1) | ||||||||||
| Incremental costs due to geopolitical conflicts | 18 | - | 17 | 1 | - | - | - | - | - | 18 | ||||||||||
| ERP System Implementation costs | 20 | 35 | 3 | 21 | 53 | - | (4) | - | - | 108 | ||||||||||
| Remeasurement of net monetary position | - | 3 | 3 | 10 | - | - | - | - | - | 16 | ||||||||||
| Adjusted (Non-GAAP) | $ 6,273 | $ 357 | $ 619 | $ 756 | $ 862 | $ - | $ (137) | $ (53) | $ - | $ 2,404 | ||||||||||
| Currency-related items | (208) | (28) | (15) | (44) | (1) | - | - | 2 | - | (86) | ||||||||||
| Adjusted @ Constant FX (Non-GAAP) | $ 6,065 | $ 329 | $ 604 | $ 712 | $ 861 | $ - | $ (137) | $ (51) | $ - | $ 2,318 | ||||||||||
| % Change - Reported (GAAP) | 26.5% | 15.8% | (5.5)% | (30.7)% | (13.2)% | n/m | (19.6)% | 29.3% | n/m | 48.7% | ||||||||||
| % Change - Adjusted (Non-GAAP) | 2.1% | 18.6% | (4.0)% | (23.2)% | (5.8)% | n/m | (21.2)% | 29.3% | n/m | (9.5)% | ||||||||||
| % Change - Adjusted @ Constant FX (Non-GAAP) | (1.2)% | 9.3% | (6.4)% | (27.6)% | (5.9)% | n/m | (21.2)% | 32.0% | n/m | (12.8)% | ||||||||||
| Margin Reported % | 34.9% | 11.6% | 13.6% | 9.3% | 15.7% | 14.2% | ||||||||||||||
| Margin Reported pp change | 5.6 pp | 0.3 pp | (2.4)pp | (4.7)pp | (2.7)pp | 4.1 pp | ||||||||||||||
| Margin Adjusted % | 32.3% | 13.1% | 14.5% | 10.4% | 16.6% | 12.4% | ||||||||||||||
| Margin Adjusted pp change | (1.3)pp | 0.5 pp | (2.3)pp | (3.7)pp | (1.4)pp | (2.1)pp | ||||||||||||||
| Gross Profit | Operating Income | |||||||||||||||||||
| For the Six Months Ended June 30, 2025 | Mondelēz International | Latin America | AMEA | Europe | North America | Unrealized G/(L) on Hedging Activities | General Corporate Expenses | Amortization of Intangibles | Other Items | Mondelēz International | ||||||||||
| Reported (GAAP) | $ 5,367 | $ 272 | $ 614 | $ 976 | $ 939 | $ (762) | $ (112) | $ (75) | $ - | $ 1,852 | ||||||||||
| Restructuring charges | (1) | (1) | - | (4) | - | - | (1) | - | - | (6) | ||||||||||
| Mark-to-market (gains)/losses from derivatives | 766 | - | - | - | - | 762 | - | - | - | 762 | ||||||||||
| Acquisition-related items | (2) | 5 | 27 | - | (61) | - | - | - | - | (29) | ||||||||||
| Divestiture-related items | (1) | - | - | (7) | (1) | - | - | - | - | (8) | ||||||||||
| Incremental costs due to geopolitical conflicts | - | - | - | 1 | - | - | - | - | - | 1 | ||||||||||
| ERP System Implementation costs | 13 | 22 | 3 | 8 | 38 | - | (1) | - | - | 70 | ||||||||||
| Remeasurement of net monetary position | (1) | 3 | 1 | 10 | - | - | 1 | - | - | 15 | ||||||||||
| Adjusted (Non-GAAP) | $ 6,141 | $ 301 | $ 645 | $ 984 | $ 915 | $ - | $ (113) | $ (75) | $ - | $ 2,657 | ||||||||||
| Margin Reported % | 29.3% | 11.3% | 16.0% | 14.0% | 18.4% | 10.1% | ||||||||||||||
| Margin Adjusted % | 33.6% | 12.6% | 16.8% | 14.1% | 18.0% | 14.5% |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
Schedule 6a Cons IS
| Schedule 6a | |||||||||||||||||||||
| Mondelēz International, Inc. and Subsidiaries | |||||||||||||||||||||
| Reconciliation of GAAP to Non-GAAP Measures | |||||||||||||||||||||
| Tax Rate, Net Earnings and Diluted EPS | |||||||||||||||||||||
| (in millions of U.S. dollars and shares, except per share data) | |||||||||||||||||||||
| (Unaudited) | |||||||||||||||||||||
| For the Three Months Ended June 30, 2026 | Operating Income | Benefit plan non-service expense / (income) | Interest and other expense, net | Earnings before income taxes | Income taxes | Effective tax rate | Equity method investment transactions | Equity method investment net losses / (earnings) | Non-controlling interest earnings | Net Earnings attributable to Mondelēz International | Diluted EPS attributable to Mondelēz International | ||||||||||
| Reported (GAAP) | $ 1,946 | $ (27) | $ 74 | $ 1,899 | $ 364 | 19.2 % | $ - | $ (17) | $ 4 | $ 1,548 | $ 1.20 | ||||||||||
| Restructuring charges | 9 | - | - | 9 | 4 | - | - | - | 5 | - | |||||||||||
| Mark-to-market (gains)/losses from derivatives | (827) | - | - | (827) | (172) | - | - | - | (655) | (0.51) | |||||||||||
| Acquisition-related items | 13 | - | - | 13 | - | - | - | - | 13 | 0.01 | |||||||||||
| Incremental costs due to geopolitical conflicts | 11 | - | - | 11 | - | - | - | - | 11 | 0.01 | |||||||||||
| ERP System Implementation costs | 59 | - | - | 59 | 15 | - | - | - | 44 | 0.03 | |||||||||||
| Remeasurement of net monetary position | 11 | - | - | 11 | - | - | - | - | 11 | 0.01 | |||||||||||
| Pension participation changes | - | - | (2) | 2 | - | - | - | - | 2 | - | |||||||||||
| Initial impacts from enacted tax law changes | - | - | - | - | 30 | - | - | - | (30) | (0.02) | |||||||||||
| Gain on marketable securities | - | - | - | - | 6 | - | - | - | (6) | - | |||||||||||
| Adjusted (Non-GAAP) | $ 1,222 | $ (27) | $ 72 | $ 1,177 | $ 247 | 21.0 % | $ - | $ (17) | $ 4 | $ 943 | $ 0.73 | ||||||||||
| Currency-related items | (25) | (0.02) | |||||||||||||||||||
| Adjusted @ Constant FX (Non-GAAP) | $ 918 | $ 0.71 | |||||||||||||||||||
| Diluted Average Shares Outstanding | 1,287 | ||||||||||||||||||||
| % Change - Reported (GAAP) | 141.5% | 144.9% | |||||||||||||||||||
| % Change - Adjusted (Non-GAAP) | (0.2)% | 0.0% | |||||||||||||||||||
| % Change - Adjusted @ Constant FX (Non-GAAP) | (2.9)% | (2.7)% | |||||||||||||||||||
| For the Three Months Ended June 30, 2025 | Operating Income | Benefit plan non-service expense / (income) | Interest and other expense, net | Earnings before income taxes | Income taxes | Effective tax rate | Equity method investment transactions | Equity method investment net losses / (earnings) | Non-controlling interest earnings | Net Earnings attributable to Mondelēz International | Diluted EPS attributable to Mondelēz International | ||||||||||
| Reported (GAAP) | $ 1,172 | $ 264 | $ 53 | $ 855 | $ 230 | 26.9 % | $ - | $ (19) | $ 3 | $ 641 | $ 0.49 | ||||||||||
| Restructuring charges | (4) | - | - | (4) | (2) | - | - | - | (2) | - | |||||||||||
| Mark-to-market (gains)/losses from derivatives | 93 | - | - | 93 | 16 | - | - | - | 77 | 0.06 | |||||||||||
| Acquisition-related items | (21) | - | - | (21) | (9) | - | - | - | (12) | (0.01) | |||||||||||
| Divestiture-related items | (3) | - | - | (3) | - | - | - | - | (3) | - | |||||||||||
| Incremental costs due to geopolitical conflicts | 1 | - | - | 1 | - | - | - | - | 1 | - | |||||||||||
| ERP System Implementation costs | 37 | - | - | 37 | 10 | - | - | - | 27 | 0.02 | |||||||||||
| Remeasurement of net monetary position | 8 | - | - | 8 | - | - | - | - | 8 | 0.01 | |||||||||||
| Pension participation changes | - | (282) | (3) | 285 | 73 | - | - | - | 212 | 0.16 | |||||||||||
| Initial impacts from enacted tax law changes | - | - | - | - | 1 | - | - | - | (1) | - | |||||||||||
| Gain on marketable securities | - | - | - | - | 3 | - | - | - | (3) | - | |||||||||||
| Adjusted (Non-GAAP) | $ 1,283 | $ (18) | $ 50 | $ 1,251 | $ 322 | 25.7 % | $ - | $ (19) | $ 3 | $ 945 | $ 0.73 | ||||||||||
| Diluted Average Shares Outstanding | 1,299 |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
Schedule 1
Schedule 1
Schedule 1
Schedule 1
Schedule 1
Schedule 1
Schedule 6b Cons IS
| Schedule 6b | |||||||||||||||||||||
| Mondelēz International, Inc. and Subsidiaries | |||||||||||||||||||||
| Reconciliation of GAAP to Non-GAAP Measures | |||||||||||||||||||||
| Tax Rate, Net Earnings and Diluted EPS | |||||||||||||||||||||
| (in millions of U.S. dollars and shares, except per share data) | |||||||||||||||||||||
| (Unaudited) | |||||||||||||||||||||
| For the Six Months Ended June 30, 2026 | Operating Income | Benefit plan non-service expense / (income) | Interest and other expense, net | Earnings before income taxes | Income taxes | Effective tax rate | Loss on equity method investment transactions | Equity method investment net losses / (earnings) | Non-controlling interest earnings | Net Earnings attributable to Mondelēz International | Diluted EPS attributable to Mondelēz International | ||||||||||
| Reported (GAAP) | $ 2,754 | $ (58) | $ 138 | $ 2,674 | $ 592 | 22.1 % | $ 3 | $ (37) | $ 8 | $ 2,108 | $ 1.64 | ||||||||||
| Restructuring charges | 56 | - | - | 56 | 13 | - | - | - | 43 | 0.03 | |||||||||||
| Mark-to-market (gains)/losses from derivatives | (554) | - | - | (554) | (113) | (1) | - | - | (440) | (0.34) | |||||||||||
| Acquisition-related items | 7 | - | - | 7 | (3) | - | - | - | 10 | 0.01 | |||||||||||
| Divestiture-related items | (1) | - | - | (1) | - | - | - | - | (1) | - | |||||||||||
| Incremental costs due to geopolitical conflicts | 18 | - | - | 18 | - | - | - | - | 18 | 0.01 | |||||||||||
| ERP System Implementation costs | 108 | - | - | 108 | 28 | - | - | - | 80 | 0.06 | |||||||||||
| Remeasurement of net monetary position | 16 | - | - | 16 | - | - | - | - | 16 | 0.01 | |||||||||||
| Pension participation changes | - | 3 | (4) | 1 | - | - | - | - | 1 | - | |||||||||||
| Initial impacts from enacted tax law changes | - | - | - | - | 29 | - | - | - | (29) | (0.02) | |||||||||||
| Gain on marketable securities | - | - | - | - | 6 | - | - | - | (6) | - | |||||||||||
| Loss on equity method investment transactions | - | - | - | - | - | (2) | - | - | 2 | - | |||||||||||
| Adjusted (Non-GAAP) | $ 2,404 | $ (55) | $ 134 | $ 2,325 | $ 552 | 23.7 % | $ - | $ (37) | $ 8 | $ 1,802 | $ 1.40 | ||||||||||
| Currency-related items | (78) | (0.06) | |||||||||||||||||||
| Adjusted @ Constant FX (Non-GAAP) | $ 1,724 | $ 1.34 | |||||||||||||||||||
| Diluted Average Shares Outstanding | 1,286 | ||||||||||||||||||||
| % Change - Reported (GAAP) | 102.1% | 105.0% | |||||||||||||||||||
| % Change - Adjusted (Non-GAAP) | (5.5)% | (4.8)% | |||||||||||||||||||
| % Change - Adjusted @ Constant FX (Non-GAAP) | (9.6)% | (8.8)% | |||||||||||||||||||
| For the Six Months Ended June 30, 2025 | Operating Income | Benefit plan non-service expense / (income) | Interest and other expense, net | Earnings before income taxes | Income taxes | Effective tax rate | Equity method investment transactions | Equity method investment net losses / (earnings) | Non-controlling interest earnings | Net Earnings attributable to Mondelēz International | Diluted EPS attributable to Mondelēz International | ||||||||||
| Reported (GAAP) | $ 1,852 | $ 246 | $ 206 | $ 1,400 | $ 384 | 27.4 % | $ - | $ (35) | $ 8 | $ 1,043 | $ 0.80 | ||||||||||
| Restructuring charges | (6) | - | - | (6) | (2) | - | - | - | (4) | - | |||||||||||
| Mark-to-market (gains)/losses from derivatives | 762 | - | (4) | 766 | 152 | - | - | - | 614 | 0.47 | |||||||||||
| Acquisition-related items | (29) | - | - | (29) | (14) | - | - | - | (15) | (0.01) | |||||||||||
| Divestiture-related items | (8) | - | - | (8) | (1) | - | - | - | (7) | - | |||||||||||
| Incremental costs due to geopolitical conflicts | 1 | - | - | 1 | - | - | - | - | 1 | - | |||||||||||
| ERP System Implementation costs | 70 | - | - | 70 | 18 | - | - | - | 52 | 0.04 | |||||||||||
| Remeasurement of net monetary position | 15 | - | - | 15 | - | - | - | - | 15 | 0.01 | |||||||||||
| Pension participation changes | - | (282) | (5) | 287 | 73 | - | - | - | 214 | 0.16 | |||||||||||
| Initial impacts from enacted tax law changes | - | - | - | - | 3 | - | - | - | (3) | - | |||||||||||
| Gain on marketable securities | - | - | - | - | 3 | - | - | - | (3) | - | |||||||||||
| Adjusted (Non-GAAP) | $ 2,657 | $ (36) | $ 197 | $ 2,496 | $ 616 | 24.7 % | $ - | $ (35) | $ 8 | $ 1,907 | $ 1.47 | ||||||||||
| Diluted Average Shares Outstanding | 1,301 |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
Schedule 1
Schedule 1
Schedule 1
Schedule 1
Schedule 1
Schedule 1
Schedule 1
Schedule 1
Schedule 7 FCF
| Schedule 7 | |||||
| Mondelēz International, Inc. and Subsidiaries | |||||
| Reconciliation of GAAP to Non-GAAP Measures | |||||
| Net Cash Provided by Operating Activities to Free Cash Flow | |||||
| (in millions of U.S. dollars) | |||||
| (Unaudited) | |||||
| For the Six Months Ended June 30, | 2026 | 2025 | $ Change | ||
| Net Cash Provided by Operating Activities (GAAP) | $ 1,322 | $ 1,400 | $ (78) | ||
| Capital Expenditures | (654) | (582) | (72) | ||
| Free Cash Flow (Non-GAAP) | $ 668 | $ 818 | $ (150) |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
WC - MDLZ Org Rev
| GAAP to Non-GAAP Reconciliation | ||||||||||||||
| Net Revenues to Organic Net Revenue | ||||||||||||||
| (in millions of U.S. dollars) (Unaudited) | ||||||||||||||
| Latin America | AMEA | Europe | North America | Mondelēz International | Emerging Markets | Developed Markets | ||||||||
| For the Three Months Ended June 30, 2026 | ||||||||||||||
| Reported (GAAP) | $ 1,374 | $ 1,971 | $ 3,377 | $ 2,633 | $ 9,355 | $ 3,909 | $ 5,446 | |||||||
| Currency-related items | (80) | (21) | (83) | 1 | (183) | (111) | (72) | |||||||
| Organic (Non-GAAP) | $ 1,294 | $ 1,950 | $ 3,294 | $ 2,634 | $ 9,172 | $ 3,798 | $ 5,374 | |||||||
| For the Three Months Ended June 30, 2025 | ||||||||||||||
| Reported (GAAP) | $ 1,194 | $ 1,821 | $ 3,412 | $ 2,557 | $ 8,984 | $ 3,638 | $ 5,346 | |||||||
| Divestitures | - | - | - | (10) | (10) | - | (10) | |||||||
| Organic (Non-GAAP) | $ 1,194 | $ 1,821 | $ 3,412 | $ 2,547 | $ 8,974 | $ 3,638 | $ 5,336 | |||||||
| % Change - Reported (GAAP) | 15.1% | 8.2% | (1.0)% | 3.0% | 4.1% | 7.4% | 1.9% | |||||||
| Divestitures | - pp | - pp | - pp | 0.4 pp | 0.1 pp | - pp | 0.2 pp | |||||||
| Currency-related items | (6.7) | (1.1) | (2.5) | - | (2.0) | (3.0) | (1.4) | |||||||
| % Change - Organic (Non-GAAP) | 8.4% | 7.1% | (3.5)% | 3.4% | 2.2% | 4.4% | 0.7% | |||||||
| Vol/Mix | 0.5 pp | 5.2 pp | (2.1)pp | 1.2 pp | 0.7 pp | 1.6 pp | - pp | |||||||
| Pricing | 7.9 | 1.9 | (1.4) | 2.2 | 1.5 | 2.8 | 0.7 | |||||||
| Latin America | AMEA | Europe | North America | Mondelēz International | Emerging Markets | Developed Markets | ||||||||
| For the Six Months Ended June 30, 2026 | ||||||||||||||
| Reported (GAAP) | $ 2,722 | $ 4,275 | $ 7,248 | $ 5,190 | $ 19,435 | $ 8,058 | $ 11,377 | |||||||
| Currency-related items | (164) | (81) | (427) | (10) | (682) | (304) | (378) | |||||||
| Organic (Non-GAAP) | $ 2,558 | $ 4,194 | $ 6,821 | $ 5,180 | $ 18,753 | $ 7,754 | $ 10,999 | |||||||
| For the Six Months Ended June 30, 2025 | ||||||||||||||
| Reported (GAAP) | $ 2,397 | $ 3,837 | $ 6,962 | $ 5,101 | $ 18,297 | $ 7,361 | $ 10,936 | |||||||
| Divestitures | - | - | - | (21) | (21) | - | (21) | |||||||
| Organic (Non-GAAP) | $ 2,397 | $ 3,837 | $ 6,962 | $ 5,080 | $ 18,276 | $ 7,361 | $ 10,915 | |||||||
| % Change - Reported (GAAP) | 13.6% | 11.4% | 4.1% | 1.7% | 6.2% | 9.5% | 4.0% | |||||||
| Divestitures | - pp | - pp | - pp | 0.5 pp | 0.1 pp | - pp | 0.2 pp | |||||||
| Currency-related items | (6.9) | (2.1) | (6.1) | (0.2) | (3.7) | (4.2) | (3.4) | |||||||
| % Change - Organic (Non-GAAP) | 6.7% | 9.3% | (2.0)% | 2.0% | 2.6% | 5.3% | 0.8% | |||||||
| Vol/Mix | (1.3)pp | 5.5 pp | (2.7)pp | 0.4 pp | 0.1 pp | 1.0 pp | (0.5)pp | |||||||
| Pricing | 8.0 | 3.8 | 0.7 | 1.6 | 2.5 | 4.3 | 1.3 |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
WC - Sector Org Rev
| GAAP to Non-GAAP Reconciliation | |||||||||||||
| Net Revenues to Organic Net Revenue by Consumer Sector | |||||||||||||
| (in millions of U.S. dollars) (Unaudited) | |||||||||||||
| Biscuits & Baked Snacks | Chocolate | Gum & Candy | Total Snacks | Beverages | Meals | Mondelēz International | |||||||
| For the Three Months Ended June 30, 2026 | |||||||||||||
| Reported (GAAP) | $ 4,735 | $ 2,721 | $ 1,067 | $ 8,523 | $ 226 | $ 606 | $ 9,355 | ||||||
| Currency-related items | (65) | (52) | (45) | (162) | (1) | (20) | (183) | ||||||
| Organic (Non-GAAP) | $ 4,670 | $ 2,669 | $ 1,022 | $ 8,361 | $ 225 | $ 586 | $ 9,172 | ||||||
| For the Three Months Ended June 30, 2025 | |||||||||||||
| Reported (GAAP) | $ 4,564 | $ 2,672 | $ 950 | $ 8,186 | $ 227 | $ 571 | $ 8,984 | ||||||
| Divestitures | (10) | - | - | (10) | - | - | (10) | ||||||
| Organic (Non-GAAP) | $ 4,554 | $ 2,672 | $ 950 | $ 8,176 | $ 227 | $ 571 | $ 8,974 | ||||||
| % Change - Reported (GAAP) | 3.7% | 1.8% | 12.3% | 4.1% | (0.4)% | 6.1% | 4.1% | ||||||
| % Change - Organic (Non-GAAP) | 2.5% | (0.1)% | 7.6% | 2.3% | (0.9)% | 2.6% | 2.2% | ||||||
| Vol/Mix | 1.3 pp | (1.6)pp | 4.3 pp | 0.8 pp | (4.0)pp | 1.5 pp | 0.7 pp | ||||||
| Pricing | 1.2 | 1.5 | 3.3 | 1.5 | 3.1 | 1.1 | 1.5 | ||||||
| Biscuits & Baked Snacks | Chocolate | Gum & Candy | Total Snacks | Beverages | Meals | Mondelēz International | |||||||
| For the Six Months Ended June 30, 2026 | |||||||||||||
| Reported (GAAP) | $ 9,278 | $ 6,324 | $ 2,121 | $ 17,723 | $ 501 | $ 1,211 | $ 19,435 | ||||||
| Currency-related items | (222) | (290) | (100) | (612) | (1) | (69) | (682) | ||||||
| Organic (Non-GAAP) | $ 9,056 | $ 6,034 | $ 2,021 | $ 17,111 | $ 500 | $ 1,142 | $ 18,753 | ||||||
| For the Six Months Ended June 30, 2025 | |||||||||||||
| Reported (GAAP) | $ 8,887 | $ 5,862 | $ 1,919 | $ 16,668 | $ 524 | $ 1,105 | $ 18,297 | ||||||
| Divestitures | (21) | - | - | (21) | - | - | (21) | ||||||
| Organic (Non-GAAP) | $ 8,866 | $ 5,862 | $ 1,919 | $ 16,647 | $ 524 | $ 1,105 | $ 18,276 | ||||||
| % Change - Reported (GAAP) | 4.4% | 7.9% | 10.5% | 6.3% | (4.4)% | 9.6% | 6.2% | ||||||
| % Change - Organic (Non-GAAP) | 2.1% | 2.9% | 5.3% | 2.8% | (4.6)% | 3.3% | 2.6% | ||||||
| Vol/Mix | 1.0 pp | (1.9)pp | 2.4 pp | 0.2 pp | (7.5)pp | 2.2 pp | 0.1 pp | ||||||
| Pricing | 1.1 | 4.8 | 2.9 | 2.6 | 2.9 | 1.1 | 2.5 |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
WC GP_OI QTD
| GAAP to Non-GAAP Reconciliation | ||||||||||||||||||||
| Gross Profit / Operating Income to Adjusted Gross Profit / Operating Income | ||||||||||||||||||||
| (in millions of U.S. dollars) (Unaudited) | ||||||||||||||||||||
| Gross Profit | Operating Income | |||||||||||||||||||
| For the Three Months Ended June 30, 2026 | Mondelēz International | Latin America | AMEA | Europe | North America | Unrealized G/(L) on Hedging Activities | General Corporate Expenses | Amortization of Intangibles | Other Items | Mondelēz International | ||||||||||
| Reported (GAAP) | $ 3,986 | $ 166 | $ 254 | $ 382 | $ 431 | $ 827 | $ (88) | $ (26) | $ - | $ 1,946 | ||||||||||
| Restructuring charges | - | 3 | - | 3 | 2 | - | 1 | - | - | 9 | ||||||||||
| Mark-to-market (gains)/losses from derivatives | (827) | - | - | - | - | (827) | - | - | - | (827) | ||||||||||
| Acquisition-related items | 1 | - | 11 | 1 | - | - | 1 | - | - | 13 | ||||||||||
| Incremental costs due to geopolitical conflicts | 11 | - | 11 | - | - | - | - | - | - | 11 | ||||||||||
| ERP System Implementation costs | 10 | 19 | 2 | 9 | 29 | - | - | - | - | 59 | ||||||||||
| Remeasurement of net monetary position | 1 | 4 | 4 | 4 | - | - | (1) | - | - | 11 | ||||||||||
| Adjusted (Non-GAAP) | $ 3,182 | $ 192 | $ 282 | $ 399 | $ 462 | $ - | $ (87) | $ (26) | $ - | $ 1,222 | ||||||||||
| Currency-related items | (58) | (12) | (1) | (6) | - | - | 1 | 1 | - | (17) | ||||||||||
| Adjusted @ Constant FX (Non-GAAP) | $ 3,124 | $ 180 | $ 281 | $ 393 | $ 462 | $ - | $ (86) | $ (25) | $ - | $ 1,205 | ||||||||||
| % Change - Reported (GAAP) | 35.7% | 24.8% | (6.3)% | (25.7)% | (5.1)% | n/m | (27.5)% | 31.6% | n/m | 66.0% | ||||||||||
| % Change - Adjusted (Non-GAAP) | 4.9% | 26.3% | 0.0% | (21.8)% | 4.3% | n/m | (31.8)% | 31.6% | n/m | (4.8)% | ||||||||||
| % Change - Adjusted @ Constant FX (Non-GAAP) | 3.0% | 18.4% | (0.4)% | (22.9)% | 4.3% | n/m | (30.3)% | 34.2% | n/m | (6.1)% | ||||||||||
| Reported Margin % | 42.6% | 12.1% | 12.9% | 11.3% | 16.4% | 20.8% | ||||||||||||||
| Reported Margin pp change | 9.9 pp | 1.0 pp | (2.0)pp | (3.8)pp | (1.4)pp | 7.8 pp | ||||||||||||||
| Adjusted Margin % | 34.0% | 14.0% | 14.3% | 11.8% | 17.5% | 13.1% | ||||||||||||||
| Adjusted Margin pp change | 0.2 pp | 1.3 pp | (1.2)pp | (3.1)pp | 0.1 pp | (1.2)pp | ||||||||||||||
| Gross Profit | Operating Income | |||||||||||||||||||
| For the Three Months Ended June 30, 2025 | Mondelēz International | Latin America | AMEA | Europe | North America | Unrealized G/(L) on Hedging Activities | General Corporate Expenses | Amortization of Intangibles | Other Items | Mondelēz International | ||||||||||
| Reported (GAAP) | $ 2,937 | $ 133 | $ 271 | $ 514 | $ 454 | $ (93) | $ (69) | $ (38) | $ - | $ 1,172 | ||||||||||
| Restructuring charges | (1) | - | - | (3) | - | - | (1) | - | - | (4) | ||||||||||
| Mark-to-market (gains)/losses from derivatives | 93 | - | - | - | - | 93 | - | - | - | 93 | ||||||||||
| Acquisition-related items | (1) | 2 | 13 | - | (37) | - | 1 | - | - | (21) | ||||||||||
| Divestiture-related items | - | - | - | (4) | - | - | 1 | - | - | (3) | ||||||||||
| Incremental costs due to geopolitical conflicts | - | - | - | 1 | - | - | - | - | - | 1 | ||||||||||
| ERP System Implementation costs | 5 | 14 | (2) | (2) | 26 | - | 1 | - | - | 37 | ||||||||||
| Remeasurement of net monetary position | (1) | 3 | - | 4 | - | - | 1 | - | - | 8 | ||||||||||
| Adjusted (Non-GAAP) | $ 3,032 | $ 152 | $ 282 | $ 510 | $ 443 | $ - | $ (66) | $ (38) | $ - | $ 1,283 | ||||||||||
| Reported Margin % | 32.7% | 11.1% | 14.9% | 15.1% | 17.8% | 13.0% | ||||||||||||||
| Adjusted Margin % | 33.8% | 12.7% | 15.5% | 14.9% | 17.4% | 14.3% |
&G
&D at &T &1#&"Calibri,Regular"&10&K000000 Mondelez International Internal &F
WC GP_OI YTD
| GAAP to Non-GAAP Reconciliation | ||||||||||||||||||||
| Gross Profit / Operating Income to Adjusted Gross Profit / Operating Income | ||||||||||||||||||||
| (in millions of U.S. dollars) (Unaudited) | ||||||||||||||||||||
| Gross Profit | Operating Income | |||||||||||||||||||
| For the Six Months Ended June 30, 2026 | Mondelēz International | Latin America | AMEA | Europe | North America | Unrealized G/(L) on Hedging Activities | General Corporate Expenses | Amortization of Intangibles | Other Items | Mondelēz International | ||||||||||
| Reported (GAAP) | $ 6,789 | $ 315 | $ 580 | $ 676 | $ 815 | $ 554 | $ (134) | $ (53) | $ 1 | $ 2,754 | ||||||||||
| Restructuring charges | - | 3 | - | 46 | 6 | - | 1 | - | - | 56 | ||||||||||
| Mark-to-market (gains)/losses from derivatives | (554) | - | - | - | - | (554) | - | - | - | (554) | ||||||||||
| Acquisition-related items | - | 1 | 16 | 2 | (12) | - | - | - | - | 7 | ||||||||||
| Divestiture-related items | - | - | - | - | - | - | - | - | (1) | (1) | ||||||||||
| Incremental costs due to geopolitical conflicts | 18 | - | 17 | 1 | - | - | - | - | - | 18 | ||||||||||
| ERP System Implementation costs | 20 | 35 | 3 | 21 | 53 | - | (4) | - | - | 108 | ||||||||||
| Remeasurement of net monetary position | - | 3 | 3 | 10 | - | - | - | - | - | 16 | ||||||||||
| Adjusted (Non-GAAP) | $ 6,273 | $ 357 | $ 619 | $ 756 | $ 862 | $ - | $ (137) | $ (53) | $ - | $ 2,404 | ||||||||||
| Currency-related items | (208) | (28) | (15) | (44) | (1) | - | - | 2 | - | (86) | ||||||||||
| Adjusted @ Constant FX (Non-GAAP) | $ 6,065 | $ 329 | $ 604 | $ 712 | $ 861 | $ - | $ (137) | $ (51) | $ - | $ 2,318 | ||||||||||
| % Change - Reported (GAAP) | 26.5% | 15.8% | (5.5)% | (30.7)% | (13.2)% | n/m | (19.6)% | 29.3% | n/m | 48.7% | ||||||||||
| % Change - Adjusted (Non-GAAP) | 2.1% | 18.6% | (4.0)% | (23.2)% | (5.8)% | n/m | (21.2)% | 29.3% | n/m | (9.5)% | ||||||||||
| % Change - Adjusted @ Constant FX (Non-GAAP) | (1.2)% | 9.3% | (6.4)% | (27.6)% | (5.9)% | n/m | (21.2)% | 32.0% | n/m | (12.8)% | ||||||||||
| Margin Reported % | 34.9% | 11.6% | 13.6% | 9.3% | 15.7% | 14.2% | ||||||||||||||
| Margin Reported pp change | 5.6 pp | 0.3 pp | (2.4)pp | (4.7)pp | (2.7)pp | 4.1 pp | ||||||||||||||
| Margin Adjusted % | 32.3% | 13.1% | 14.5% | 10.4% | 16.6% | 12.4% | ||||||||||||||
| Margin Adjusted pp change | (1.3)pp | 0.5 pp | (2.3)pp | (3.7)pp | (1.4)pp | (2.1)pp | ||||||||||||||
| Gross Profit | Operating Income | |||||||||||||||||||
| For the Six Months Ended June 30, 2025 | Mondelēz International | Latin America | AMEA | Europe | North America | Unrealized G/(L) on Hedging Activities | General Corporate Expenses | Amortization of Intangibles | Other Items | Mondelēz International | ||||||||||
| Reported (GAAP) | $ 5,367 | $ 272 | $ 614 | $ 976 | $ 939 | $ (762) | $ (112) | $ (75) | $ - | $ 1,852 | ||||||||||
| Restructuring charges | (1) | (1) | - | (4) | - | - | (1) | - | - | (6) | ||||||||||
| Mark-to-market (gains)/losses from derivatives | 766 | - | - | - | - | 762 | - | - | - | 762 | ||||||||||
| Acquisition-related items | (2) | 5 | 27 | - | (61) | - | - | - | - | (29) | ||||||||||
| Divestiture-related items | (1) | - | - | (7) | (1) | - | - | - | - | (8) | ||||||||||
| Incremental costs due to geopolitical conflicts | - | - | - | 1 | - | - | - | - | - | 1 | ||||||||||
| ERP System Implementation costs | 13 | 22 | 3 | 8 | 38 | - | (1) | - | - | 70 | ||||||||||
| Remeasurement of net monetary position | (1) | 3 | 1 | 10 | - | - | 1 | - | - | 15 | ||||||||||
| Adjusted (Non-GAAP) | $ 6,141 | $ 301 | $ 645 | $ 984 | $ 915 | $ - | $ (113) | $ (75) | $ - | $ 2,657 | ||||||||||
| Margin Reported % | 29.3% | 11.3% | 16.0% | 14.0% | 18.4% | 10.1% | ||||||||||||||
| Margin Adjusted % | 33.6% | 12.6% | 16.8% | 14.1% | 18.0% | 14.5% |
&G
&D at &T &1#&"Calibri,Regular"&10&K000000 Mondelez International Internal &F
WC - EPS
| GAAP to Non-GAAP Reconciliation | |||
| Diluted EPS to Adjusted EPS | |||
| (Unaudited) | |||
| Mondelēz International | For the Three Months Ended June 30, 2026 | For the Six Months Ended June 30, 2026 | |
| Reported (GAAP) | $ 1.20 | $ 1.64 | |
| Restructuring charges | - | 0.03 | |
| Mark-to-market (gains)/losses from derivatives | (0.51) | (0.34) | |
| Acquisition-related items | 0.01 | 0.01 | |
| Incremental costs due to geopolitical conflicts | 0.01 | 0.01 | |
| ERP System Implementation costs | 0.03 | 0.06 | |
| Remeasurement of net monetary position | 0.01 | 0.01 | |
| Initial impacts from enacted tax law changes | (0.02) | (0.02) | |
| Adjusted (Non-GAAP) | $ 0.73 | $ 1.40 | |
| Currency-related items | (0.02) | (0.06) | |
| Adjusted @ Constant FX (Non-GAAP) | $ 0.71 | $ 1.34 | |
| % Change - Reported (GAAP) | 144.9% | 105.0% | |
| % Change - Adjusted (Non-GAAP) | 0.0% | (4.8)% | |
| % Change - Adjusted @ Constant FX (Non-GAAP) | (2.7)% | (8.8)% | |
| Mondelēz International | For the Three Months Ended June 30, 2025 | For the Six Months Ended June 30, 2025 | |
| Reported (GAAP) | $ 0.49 | $ 0.80 | |
| Mark-to-market (gains)/losses from derivatives | 0.06 | 0.47 | |
| Acquisition-related items | (0.01) | (0.01) | |
| ERP System Implementation costs | 0.02 | 0.04 | |
| Remeasurement of net monetary position | 0.01 | 0.01 | |
| Pension participation changes | 0.16 | 0.16 | |
| Adjusted (Non-GAAP) | $ 0.73 | $ 1.47 |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal
Schedule 1
Schedule 1
Schedule 1
Schedule 1
WC - FCF
| GAAP to Non-GAAP Reconciliation | ||||||
| Net Cash Provided by Operating Activities to Free Cash Flow | ||||||
| (in millions of U.S. dollars) (Unaudited) | ||||||
| Mondelēz International | ||||||
| For the Six Months Ended June 30, | 2026 | 2025 | $ Change | |||
| Net Cash Provided by Operating Activities (GAAP) | $ 1,322 | $ 1,400 | $ (78) | |||
| Capital Expenditures | (654) | (582) | (72) | |||
| Free Cash Flow (Non-GAAP) | $ 668 | $ 818 | $ (150) |
_x000D_&1#&"Calibri"&10&K000000 Mondelez International Internal