Mondelez International, Inc.

10-K & 10-Q Filings

Mondelēz International is a global snack company with net revenues of $36.0 billion and net earnings of $5.0 billion in 2023. Its purpose is to empower people to snack right and it sells products in over 150 countries. The company's business strategy focuses on growth, execution, culture, and sustainability. It operates in four segments: Latin America, AMEA (Asia, Middle East, and Africa), Europe, and North America. The company's product categories include Biscuits & Baked Snacks, Chocolate, Gum & Candy, Beverages, and Cheese & Grocery. Its website is [www.mondelezinternational.com] and its ticker symbol is MDLZ. The company's business is highly competitive and it competes based on product quality, brand recognition and loyalty, service, product innovation, taste, convenience, nutritional value, and effective digital and other sales and marketing strategies. It purchases and uses large quantities of commodities and packaging materials for its products. The company believes a diverse workforce is a significant driver of sustainable innovation and growth and is committed to equal pay for equal work. It also focuses on sustainability and mindful snacking, with goals in areas such as more sustainable sourcing of key ingredients, reducing its environmental footprint, promoting the rights of people across its value chain, and evolving its portfolio to offer a broader range of high-quality snacks.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$54365.00
35015.00
35299.00
34244.00
29636.00
25896.00
25938.00
25868.00
26581.00
28720.00
31496.00
36016.00
9166.00
9290.00
-3.37%1.35%Cost of Revenue (-)
$35350.00
21939.00
22189.00
21647.00
18124.00
15831.00
15586.00
15531.00
16135.00
17466.00
20184.00
22252.00
5720.00
4540.00
-3.78%-20.63%Gross Profit (+)
$19015.00
13076.00
13110.00
12597.00
11512.00
10065.00
10352.00
10337.00
10446.00
11254.00
11312.00
13764.00
3446.00
4750.00
-2.66%37.84%Selling, General & Administrative (-)
$12140.00
9176.00
8679.00
8457.00
7577.00
5911.00
6475.00
6136.00
6098.00
6263.00
7384.00
8002.00
1855.00
1938.00
-3.41%4.47%Depreciation & Amortization (-)
$225.00
217.00
217.00
206.00
181.00
178.00
176.00
174.00
194.00
134.00
132.00
151.00
39.00
38.00
-3.27%-2.56%Non-recurring Operating Expenses (-)
$-7.00
153.00
273.00
692.00
901.00
656.00
389.00
228.00
301.00
212.00
262.00
217.00
47.00
47.00
0.00%Operating Expenses (-)
$12358.00
9439.00
9139.00
9355.00
2615.00
6519.00
7040.00
6494.00
6593.00
6601.00
7778.00
8262.00
1941.00
2023.00
-3.30%4.22%Costs & Expenses (Total) (-)
$47708.00
31485.00
31328.00
31002.00
20739.00
22350.00
22626.00
22025.00
22728.00
24067.00
27962.00
30514.00
7661.00
6563.00
-3.66%-14.33%Operating Income/Loss (+)
$6657.00
3637.00
3971.00
3242.00
8897.00
3506.00
3312.00
3843.00
3853.00
4653.00
3534.00
5502.00
1505.00
2727.00
-1.58%81.20%Non-operating Income/Expense (+)
$
107.00
-1579.00
-688.00
-1013.00
118.00
78.00
46.00
-49.00
109.00
79.00
-68.00
-41.00
-14.00
65.85%Earnings before Tax (+)
$4772.00
1774.00
2392.00
2554.00
7884.00
3124.00
2842.00
3447.00
3383.00
4369.00
3228.00
5880.00
2225.00
2682.00
1.76%20.54%Tax Expense (-)
$1225.00
207.00
60.00
353.00
593.00
688.00
773.00
2.00
1224.00
1190.00
865.00
1537.00
658.00
632.00
1.91%-3.95%Income/Loss (Continuing Operations) (+)
$3547.00
1567.00
2332.00
2201.00
7291.00
2436.00
2069.00
3445.00
2159.00
3179.00
2363.00
4343.00
1567.00
2050.00
1.70%30.82%Income/Loss (Discontinued Operations) (+)
$
1488.00
1603.00
Profit/Loss (+)
$3547.00
3055.00
3935.00
2201.00
7291.00
2936.00
3395.00
3885.00
3569.00
4314.00
2726.00
4968.00
2089.00
1416.00
2.85%-32.22%Net Income/Loss (NCI) (-)
$20.00
27.00
20.00
17.00
24.00
14.00
14.00
15.00
14.00
14.00
9.00
9.00
8.00
4.00
-6.44%-50.00%Net Income/Loss (+)
$3527.00
3028.00
3915.00
2184.00
7267.00
2922.00
3381.00
3870.00
3555.00
4300.00
2717.00
4959.00
2081.00
1412.00
2.88%-32.15%Net Income/Loss (Common) (+)
$3527.00
3028.00
3915.00
2184.00
7267.00
2922.00
3381.00
3870.00
3555.00
4300.00
2717.00
4959.00
2081.00
1412.00
2.88%-32.15%EPS (Basic)
$2.00
1.70
2.21
1.29
4.49
1.93
2.30
2.68
2.48
3.06
1.97
3.64
1.52
1.05
5.12%-30.92%EPS (Diluted)
$1.99
1.69
2.19
1.28
4.44
1.91
2.28
2.65
2.47
3.04
1.96
3.62
1.52
1.04
5.11%-31.58%Weighted Avg Shares (Basic)
1768.24
1778.29
1700.98
1649.48
1568.86
1487.33
1444.17
1432.94
1412.11
1388.33
1363.31
1346.48
1361.85
1341.36
-2.25%-1.50%Cash
$1974.00
4475.00
Receivables
$6361.00
6129.00
5403.00
3802.00
2634.00
2611.00
2691.00
2262.00
2212.00
2297.00
2337.00
3088.00
3634.00
3502.00
3998.00
-4.56%14.16%Inventory
$5706.00
3741.00
3743.00
3480.00
2609.00
2469.00
2557.00
2592.00
2546.00
2647.00
2708.00
3381.00
3615.00
3627.00
3562.00
-3.73%-1.79%Other Assets (Current)
$2161.00
1277.00
4070.00
4468.00
3715.00
3400.00
2272.00
2750.00
2872.00
5035.00
5297.00
3622.00
4454.00
5542.00
11866.00
6.21%114.11%Assets (Current)
$16202.00
15622.00
13216.00
11750.00
8958.00
8480.00
7520.00
7604.00
7630.00
9979.00
10342.00
10091.00
11703.00
12671.00
19426.00
-2.67%53.31%Securities & Long-term Investments
$
5387.00
5585.00
6345.00
7123.00
7212.00
6036.00
5289.00
4879.00
3242.00
3397.00
2440.00
-28.17%Property, Plant & Equipment (Net)
$13813.00
10010.00
10247.00
9827.00
8362.00
8229.00
8677.00
8482.00
568.00
9664.00
9271.00
9680.00
10377.00
9788.00
10214.00
-2.36%4.35%Goodwill & Intangibles
$62483.00
48353.00
47591.00
43724.00
39432.00
38377.00
39724.00
38727.00
38805.00
40377.00
40269.00
43160.00
43732.00
43414.00
43153.00
-2.93%-0.60%Other Assets
$1339.00
1493.00
1503.00
1514.00
704.00
867.00
843.00
793.00
10334.00
1754.00
1921.00
3351.00
2337.00
3516.00
2391.00
4.75%-32.00%Assets (Non-current)
$77635.00
59856.00
59341.00
55065.00
53885.00
53058.00
55589.00
55125.00
56919.00
57831.00
56750.00
61070.00
59688.00
60115.00
58198.00
-2.17%-3.19%Assets (Total)
$93837.00
75478.00
72557.00
66815.00
62843.00
61538.00
63109.00
62729.00
64549.00
67810.00
67092.00
71161.00
71391.00
72786.00
77624.00
-2.25%6.65%Accounts Payable
$6890.00
5680.00
6388.00
6245.00
5734.00
6054.00
6426.00
6495.00
6622.00
7043.00
7552.00
8511.00
9479.00
8670.00
9546.00
2.69%10.10%Debt (Current)
$3836.00
3851.00
2639.00
2835.00
841.00
3982.00
4680.00
5840.00
4219.00
2770.00
1962.00
2682.00
2521.00
3646.00
2283.00
-3.44%-37.38%Other Liabilities (Current)
$7719.00
5342.00
5369.00
4927.00
4347.00
4381.00
4687.00
4402.00
4481.00
5346.00
4494.00
5538.00
7013.00
6215.00
13459.00
-0.80%116.56%Liabilities (Current)
$18445.00
14873.00
14396.00
14007.00
10922.00
14417.00
15793.00
16737.00
15322.00
15159.00
14008.00
16731.00
19013.00
18531.00
25288.00
0.25%36.46%Debt (Non-current)
$23095.00
15574.00
14482.00
13865.00
14557.00
13217.00
12972.00
12532.00
14610.00
17276.00
17550.00
20251.00
16887.00
18556.00
16781.00
-2.58%-9.57%Other Liabilities
$16969.00
12676.00
11147.00
11090.00
9264.00
8689.00
8153.00
7747.00
7266.00
7721.00
7211.00
7259.00
7125.00
7425.00
7041.00
-6.98%-5.17%Liabilities (Non-current)
$40064.00
28250.00
25629.00
24955.00
23821.00
21906.00
21125.00
20279.00
21876.00
24997.00
24761.00
27510.00
24012.00
25981.00
23822.00
-4.18%-8.31%Liabilities (Total)
$58509.00
43123.00
40025.00
38962.00
34743.00
36323.00
36918.00
37016.00
37198.00
40156.00
38769.00
44241.00
43025.00
44512.00
49110.00
-2.53%10.33%Treasury Stock
$7476.00
7157.00
9553.00
11112.00
14462.00
16713.00
18555.00
20185.00
21139.00
22204.00
24010.00
25794.00
27174.00
26110.00
27623.00
11.35%5.79%Retained Earnings
$18012.00
10457.00
13419.00
14529.00
20700.00
21149.00
22749.00
24491.00
26653.00
28402.00
30806.00
31481.00
34236.00
33040.00
35074.00
5.50%6.16%AOCI
$-6637.00
-2633.00
-2889.00
-7318.00
-9986.00
-11122.00
-9998.00
-10630.00
-10258.00
-10690.00
-10624.00
-10947.00
-10946.00
-10814.00
-11132.00
-2.94%Shareholder's Equity
$35328.00
32355.00
32532.00
27853.00
28100.00
25215.00
26191.00
25713.00
27351.00
27654.00
28323.00
26920.00
28366.00
28274.00
28514.00
-1.81%0.85%Liabilities & Equity
$93837.00
75478.00
72557.00
66815.00
62843.00
61538.00
63109.00
62729.00
64549.00
67810.00
67092.00
71161.00
71391.00
72786.00
77624.00
-2.25%6.65%Net Income/Loss
$3547.00
3055.00
3935.00
2201.00
7291.00
1669.00
2936.00
3395.00
3885.00
3569.00
4314.00
2726.00
4968.00
2089.00
1416.00
2.85%-32.22%Depreciation & Amortization
$1485.00
1345.00
1077.00
1059.00
894.00
823.00
816.00
811.00
1047.00
1116.00
1113.00
1107.00
1215.00
303.00
319.00
-1.66%5.28%Increase/Decrease in Working Capital
$423.00
1116.00
-1063.00
-426.00
-623.00
206.00
993.00
97.00
448.00
177.00
649.00
521.00
487.00
275.00
337.00
1.18%22.55%Share-based Compensation
$181.00
162.00
128.00
141.00
136.00
140.00
137.00
128.00
135.00
126.00
121.00
120.00
146.00
38.00
31.00
-1.77%-18.42%Adjustments to Reconcile Net Income
$973.00
868.00
2513.00
1361.00
-3563.00
1169.00
-343.00
553.00
80.00
395.00
-173.00
1182.00
-254.00
-966.00
-92.00
90.48%Net Cash (Operating)
$4520.00
3923.00
6410.00
3562.00
3728.00
2838.00
2593.00
3948.00
3965.00
3964.00
4141.00
3908.00
4714.00
1123.00
1324.00
0.35%17.90%Capital Expenditure
$1771.00
1277.00
1538.00
1642.00
-2143.00
1029.00
301.00
1224.00
960.00
1989.00
1565.00
6192.00
1074.00
222.00
297.00
-4.08%33.78%Net Cash (Investing)
$-1728.00
-1687.00
-1483.00
-1642.00
2649.00
-1029.00
-301.00
-1224.00
-960.00
500.00
-26.00
-4888.00
2812.00
636.00
-446.00
-170.13%Increase/Decrease in Debt
$-1643.00
2373.00
-2934.00
-218.00
-1379.00
1704.00
-196.00
839.00
-78.00
2838.00
-326.00
1458.00
-2155.00
-1036.00
13.00
101.25%Increase/Decrease in Equity
$
-2900.00
-1700.00
-3622.00
-2601.00
-2174.00
-2020.00
-1480.00
-1390.00
-2110.00
-2017.00
-1547.00
-399.00
-568.00
-42.36%Interest Expenses
$2031.00
2406.00
1124.00
827.00
747.00
630.00
398.00
491.00
486.00
413.00
426.00
551.00
568.00
-10.07%Dividends Paid
$2043.00
2058.00
943.00
964.00
1008.00
1094.00
1198.00
1359.00
1542.00
1678.00
1826.00
1985.00
2160.00
529.00
578.00
0.47%9.26%Net Cash (Financing)
$-3175.00
204.00
-6645.00
-2688.00
-5883.00
-1862.00
-3361.00
-2329.00
-2787.00
-2215.00
-4069.00
-456.00
-7558.00
-1757.00
-1223.00
30.39%Cash Taxes Paid
$932.00
1057.00
760.00
1238.00
745.00
527.00
848.00
864.00
981.00
1264.00
1556.00
1103.00
1607.00
4.64%Effect of Exchange Rate
$-124.00
61.00
-93.00
-223.00
-255.00
-76.00
89.00
-56.00
10.00
73.00
-143.00
-169.00
-32.00
-11.00
-77.00
-600.00%Increase/Decrease in Cash
$-507.00
2501.00
-1811.00
-991.00
239.00
-129.00
-980.00
339.00
228.00
2322.00
-97.00
-1605.00
-64.00
-9.00
-422.00
-4588.89%Cash (Beginning)
$2481.00
1974.00
4475.00
2622.00
1631.00
1870.00
1741.00
761.00
1100.00
1328.00
3650.00
3553.00
1948.00
1948.00
1884.00
-2.00%-3.29%Cash (Ending)
$1974.00
4475.00
2664.00
1631.00
1870.00
1741.00
761.00
1100.00
1328.00
3650.00
3553.00
1948.00
1884.00
1939.00
1462.00
-0.39%-24.60%NOPAT
$5356.85
5804.03
5232.69
1670.51
8056.28
2554.31
4318.89
4936.70
5292.61
2995.85
2326.44
3998.31
1059.93
2084.40
-2.41%96.65%Gross Margin %
34.98%
37.34%
37.14%
36.79%
38.84%
38.87%
39.91%
39.96%
39.30%
39.19%
35.92%
38.22%
37.60%
51.13%
Operating Margin %
12.25%
10.39%
11.25%
9.47%
30.02%
13.54%
12.77%
14.86%
14.50%
16.20%
11.22%
15.28%
16.42%
29.35%
NOPAT Margin %
9.85%
16.58%
14.82%
4.88%
27.18%
9.86%
16.65%
19.08%
19.91%
10.43%
7.39%
11.10%
11.56%
22.44%
Net Margin %
6.49%
8.65%
11.09%
6.38%
24.52%
11.28%
13.03%
14.96%
13.37%
14.97%
8.63%
13.77%
22.70%
15.20%
Tax Rate %
19.53%
-59.58%
-31.77%
48.47%
9.45%
27.14%
-30.40%
-28.46%
-37.36%
35.61%
34.17%
27.33%
29.57%
23.56%
ROA
5.71%
7.69%
7.21%
2.50%
12.82%
4.05%
6.88%
7.65%
7.81%
4.47%
3.27%
5.60%
1.46%
2.69%
ROE
15.16%
17.94%
16.08%
6.00%
28.67%
9.75%
16.80%
18.05%
19.14%
10.58%
8.64%
14.10%
3.75%
7.31%
ROIC
6.73%
9.16%
9.05%
3.12%
16.86%
5.28%
9.15%
12.54%
10.58%
6.05%
4.40%
7.39%
1.99%
3.91%
Asset Turnover
0.58
0.46
0.49
0.51
0.47
0.41
0.41
0.40
0.39
0.43
0.44
0.50
0.13
0.12
Inventory Turnover
6.20
5.86
5.93
6.22
6.95
6.19
6.01
6.10
6.10
6.45
5.97
6.16
1.58
1.27
Equity Multiplier
2.66
2.33
2.23
2.40
2.24
2.44
2.41
2.44
2.36
2.45
2.37
2.64
2.52
2.57
2.72
Current Ratio
0.88
1.05
0.92
0.84
0.82
0.59
0.48
0.45
0.50
0.66
0.74
0.60
0.62
0.68
0.77
Quick Ratio
0.45
0.71
0.38
0.27
0.24
0.18
0.17
0.14
0.14
0.15
0.17
0.18
0.19
0.19
0.16
Debt/Equity Ratio
0.76
0.60
0.53
0.60
0.55
0.68
0.67
0.71
0.69
0.72
0.69
0.85
0.68
0.79
0.67
Interest Coverage Ratio
3.28
1.51
3.53
3.92
11.91
8.81
6.75
7.91
9.33
10.92
6.41
9.69
Working Capital/Sales
0.06
0.14
Dividend Payout Ratio %
38.14%
35.46%
18.02%
57.71%
12.51%
46.90%
31.47%
31.24%
31.70%
60.95%
85.32%
54.02%
49.91%
27.73%
Total Payout
$5717.00
2091.00
7901.00
3709.00
6756.00
2621.00
3966.00
3031.00
3586.00
643.00
4688.00
3095.00
6430.00
1964.00
1133.00
0.98%-42.31%Payout Ratio %
106.72%
36.03%
150.99%
222.03%
83.86%
155.27%
70.18%
72.64%
12.15%
156.48%
133.04%
160.82%
185.30%
54.36%