Mondelez International (MDLZ) risk factors: FY2025 10-K

1. In addition to the effects of ongoing macroeconomic volatility and uncertainty, including current and potential trade and tariff actions affecting the countries where we operate and resulting impacts on our business and operations discussed in Item 7 of this Form 10-K and in the risk factors below, additional or unforeseen effects from these actions may give rise to or amplify many of these risks discussed below.newTariffs

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1. Commodity and other input prices are volatile and may increase or decrease significantly or availability of commodities may become constrained.
2. We are subject to risks from operating globally, including potential cost impacts of any tariffs that may be enacted by governments as well as other trade and regulatory uncertainty.Tariffs
3. We are subject to risks from changes to the trade policies and tariff and import/export regulations by the U.S. and/or other foreign governments.Tariffs
4. The war in Ukraine has impacted and could continue to impact our business operations, financial performance and results of operations.
5. We operate in a highly competitive industry where we face risks related to the execution of our strategy as well as our ability or willingness to respond, timely or otherwise, to channel shifts, pricing and other competitive pressures.
6. Promoting and protecting our reputation and brand image is essential to our business success.
7. We must correctly predict, identify, interpret and meet changes in consumer preferences and demand and offer new and improved products that meet those changes.
8. Our operations in certain emerging markets expose us to political, economic and regulatory risks.
9. Our use of information technology and third-party service providers exposes us to cybersecurity risks and other business disruptions.rewordedCybersecurity
10. We are subject to risks from unanticipated business disruptions.
11. We may not successfully identify, complete or manage strategic transactions.

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1. Our business is subject to an increasing focus on sustainability matters.
2. Changes in weather patterns around the globe, including as a result of climate change, expose us to physical and transition risks.new
3. Our retail customers are consolidating, and we must offer an effective value proposition in order to compete against retailer and other economy brands.
4. We are subject to changes in our relationships with significant customers, suppliers and distributors.
5. We may be unable to hire or retain and develop key personnel or a highly skilled global workforce or effectively manage changes in our workforce and respond to shifts in labor availability.reworded

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1. We face risks related to complying with changes in and inconsistencies among laws and regulations in many countries in which we operate.
2. We may decide or be required to recall products or be subjected to product liability claims or litigation.
3. We face risks related to legal or tax claims, litigation, investigations or other regulatory enforcement actions.
4. We face risks related to adequately protecting our valuable intellectual property rights.

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1. We face risks related to tax matters, including changes in tax laws and rates, disagreements with taxing authorities and imposition of new taxes.
2. We are subject to currency exchange rate fluctuations.
3. Weak financial performance, downgrades in our credit ratings, illiquid global capital markets and volatile global economic conditions could limit our access to short-term financing, reduce our liquidity and/or increase our borrowing costs.
4. Volatility in the global capital markets, interest rates, inflation rates, our participation in multiemployer pension plans and other factors could increase our costs relating to our employees’ pensions.Interest rates

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Headings in the FY2024 10-K with no match this year.

1. Climate change might adversely impact our supply chain or our operations.