Net earnings attributable to Mondelēz International:
Per share, basic
1.29
1.30
0.90
0.99
0.38
Per share, diluted
1.28
1.29
0.88
0.99
0.38
Cash Flow and Financial Position(3)
Net cash provided by operating activities
3,562
6,410
3,923
4,520
3,748
Capital expenditures
1,642
1,622
1,610
1,771
1,661
Property, plant and equipment, net
9,827
10,247
10,010
13,813
13,792
Total assets
66,815
72,515
75,477
93,785
95,228
Long-term debt
13,865
14,482
15,574
23,095
26,859
Total Mondelēz International shareholders’ equity
27,750
32,373
32,276
35,271
35,859
Shares outstanding at year end (4)
1,664
1,705
1,778
1,768
1,748
Per Share and Other Data(5)
Book value per shares outstanding
16.68
18.99
18.15
19.95
20.51
Dividends declared per share (6)
0.58
0.54
1.00
1.16
1.16
Common Stock closing price at year end (7)
36.33
35.30
25.45
37.36
31.51
Number of employees
104,000
107,000
110,000
126,000
127,000
(1)
The selected financial data should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations and our consolidated financial statements and related notes included elsewhere in this Annual Report on Form 10-K and past Annual Reports on Form 10-K for earlier periods. A significant portion of our business is exposed to currency exchange rate fluctuation as a large portion of our assets, liabilities, revenue and expenses must be translated into U.S. dollars for reporting purposes. Refer to Management’s Discussion and Analysis of Financial Condition and Results of Operations for a discussion of operating results on a constant currency basis where noted.
(2)
Significant items impacting the comparability of our results from continuing operations include: Spin-Off Costs in 2012-2014, Restructuring Programs in 2012-2014, Cost Savings Initiatives in 2010-2013; divestitures and sales of property in 2013, 2012 and 2010, an acquisition in 2013, the acquisition of Cadbury in 2010 and the related Integration Program in 2010-2014; the benefit from the Cadbury acquisition-related indemnification resolution in 2013; losses on debt extinguishment in 2014 and 2013; the unrealized gain on the planned coffee business divestiture currency hedges in 2014; the debt tender offers completed in 2014 and 2013; accounting calendar changes in 2013, 2011 (including a 53rd week of operating results in 2011) and 2010; impairment charges related to intangible assets in 2014, 2012 and 2010 and our provision for income taxes in all years. Please refer to Notes 1, Summary of Significant Accounting Policies; 2, Divestitures and Acquisitions; 5, Goodwill and Intangible Assets; 6, Restructuring Programs; 7, Integration Program and Cost Savings Initiatives; 8, Debt and Borrowing Arrangements; 9, Financial Instruments; 11, Commitments and Contingencies; 15, Income Taxes; and 17, Segment Reporting, for additional information regarding items affecting comparability of our results from continuing operations.
(3)
Our Cash Flow and Financial Position information includes Kraft Foods Group, Inc. data for periods prior to the October 1, 2012 Spin-Off date. Refer to Note 2, Divestitures and Acquisitions, for information on the divested net assets and items impacting cash flow. Other items impacting comparability primarily relate to the receipt of net cash proceeds from the resolution of the Starbucks arbitration in 2013 and our acquisition of Cadbury in 2010.
(4)
Refer to Note 13, Capital Stock, for additional information on our share repurchase program in 2014 and 2013.
(5)
Per Share and Other Data includes Kraft Foods Group, Inc. data for periods prior to the October 1, 2012 Spin-Off date. Refer to Note 2, Divestitures and Acquisitions, related to the resolution of the Starbucks arbitration and the Annual Report on Form 10-K for the year ended December 31, 2012, for additional information on the Cadbury acquisition in 2010.
(6)
Refer to the Equity and Dividends section within Management’s Discussion and Analysis of Financial Condition and Results of Operations for additional information on our dividends following the October 1, 2012 Spin-Off.
(7)
Closing prices reflect historical market prices and have not been adjusted for periods prior to October 1, 2012 to reflect the Spin-Off of Kraft Foods Group, Inc. on that date.
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