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Table of Contents
Mondelēz International, Inc. and Subsidiaries
Consolidated Statements of Earnings
For the Years Ended December 31
(in millions of U.S. dollars, except per share data)
See notes to consolidated financial statements.
55
2014
2013
2012
Net revenues
$
34,244
$
35,299
$
35,015
Cost of sales
21,647
22,189
21,939
Gross profit
12,597
13,110
13,076
Selling, general and administrative expenses
8,457
8,679
9,176
Asset impairment and exit costs
692
273
153
Gains on acquisition and divestitures, net
(
30
)
(107
)
Amortization of intangibles
206
217
217
Operating income
3,242
3,971
3,637
Interest and other expense, net
688
1,579
1,863
Earnings from continuing operations before income taxes
2,554
2,392
1,774
Provision for income taxes
353
60
168
Earnings from continuing operations
2,201
2,332
1,606
Earnings from discontinued operations, net of income taxes
1,603
1,488
Net earnings
2,201
3,935
3,094
Noncontrolling interest
17
20
27
Net earnings attributable to Mondel
ē
z International
$
2,184
$
3,915
$
3,067
Per share data:
Basic earnings per share attributable to Mondelēz International:
Continuing operations
$
1.29
$
1.30
$
0.90
Discontinued operations
0.91
0.83
Net earnings attributable to Mondel
ē
z International
$
1.29
$
2.21
$
1.73
Diluted earnings per share attributable to Mondelēz International:
Continuing operations
$
1.28
$
1.29
$
0.88
Discontinued operations
0.90
0.83
Net earnings attributable to Mondel
ē
z International
$
1.28
$
2.19
$
1.71
Dividends declared
$
0.58
$
0.54
$
1.00