Mondelez 2014 Annual Report Download - page 83

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Table of Contents
Derivative Volume:
The net notional values of our derivative instruments were:
Cash Flow Hedges:
Cash flow hedge activity, net of taxes, within accumulated other comprehensive earnings / (losses) included:
After-tax gains / (losses) reclassified from accumulated other comprehensive earnings / (losses) into net earnings were:
After-tax gains / (losses) recognized in other comprehensive earnings / (losses) were:
80
Notional Amount
As of December 31,
2014
2013
(in millions)
Currency exchange contracts:
Intercompany loans and forecasted interest payments
$
3,640
$
4,369
Forecasted transactions
6,681
2,565
Commodity contracts
1,569
805
Interest rate contracts
3,970
2,273
Net investment hedge – euro notes
3,932
4,466
Net investment hedge – pound sterling notes
545
1,076
For the Years Ended December 31,
2014
2013
2012
(in millions)
Accumulated gain / (loss) at January 1
$
117
$
(38
)
$
(297
)
Transfer of realized (gains) / losses to earnings
(40
)
53
312
Unrealized gain / (loss)
(79
)
102
(75
)
Discontinued operations
–
–
(
134
)
Impact of Spin-Off
–
–
156
Accumulated gain / (loss) at December 31
$
(2
)
$
117
$
(38
)
For the Years Ended December 31,
2014
2013
2012
(in millions)
Currency exchange contracts - forecasted transactions
$
26
$
(26
)
$
58
Commodity contracts
16
(23
)
(10
)
Interest rate contracts
(2
)
(4
)
(360
)
Total
$
40
$
(53
)
$
(312
)
For the Years Ended December 31,
2014
2013
2012
(in millions)
Currency exchange contracts
-
forecasted transactions
$
82
$
(23
)
$
(16
)
Commodity contracts
(2
)
3
(24
)
Interest rate contracts
(159
)
122
(35
)
Total
$
(79
)
$
102
$
75