10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MONDELEZ INTERNATIONAL, INC. | |||
Ticker: MDLZ Fiscal Year: 2012 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 25, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Net revenues | $ 35,015 | 35,810 | 31,489 |
| Cost of sales | 21,939 | 22,710 | 19,617 |
| Gross profit | 13,076 | 13,100 | 11,872 |
| Selling, general and administrative expenses | 9,176 | 9,382 | 9,140 |
| Asset impairment and exit costs | 153 | (5) | 26 |
| Gains on divestitures, net | (107) | ||
| Amortization of intangibles | 217 | 225 | 210 |
| Operating income | 3,637 | 3,498 | 2,496 |
| Interest and other expense, net | 1,863 | 1,618 | 1,770 |
| Earnings from continuing operations before income taxes | 1,774 | 1,880 | 726 |
| Provision for income taxes | 207 | 143 | 54 |
| Earnings from continuing operations | 1,567 | 1,737 | 672 |
| Earnings from discontinued operations, net of income taxes | 1,488 | 1,810 | 3,467 |
| Net earnings | 3,055 | 3,547 | 4,139 |
| Noncontrolling interest | 27 | 20 | 25 |
| Net earnings attributable to Mondelez International | 3,028 | 3,527 | 4,114 |
| Per share data: | |||
| Basic earnings per share attributable to Mondelez International: | |||
| Continuing operations | 0.87 | 0.97 | 0.38 |
| Discontinued operations | 0.83 | 1.03 | 2.02 |
| Net earnings attributable to Mondelez International | 1.70 | 2.00 | 2.40 |
| Diluted earnings per share attributable to Mondelez International: | |||
| Continuing operations | 0.86 | 0.97 | 0.38 |
| Discontinued operations | 0.83 | 1.02 | 2.01 |
| Net earnings attributable to Mondelez International | 1.69 | 1.99 | 2.39 |
| Dividends declared | 1.00 | 1.16 | 1.16 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MONDELEZ INTERNATIONAL, INC. | |||
Ticker: MDLZ Fiscal Year: 2012 | |||
Consolidated Statements of Comprehensive Earnings | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 25, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Net earnings | $ 3,055 | 3,547 | 4,139 |
| Other comprehensive earnings / (losses): | |||
| Currency translation adjustment: | |||
| Translation adjustment | 791 | (1,245) | 264 |
| Tax (expense) / benefit | 39 | (45) | (101) |
| Pension and other benefits: | |||
| Net actuarial gain / (loss) arising during period | (2,266) | (2,333) | (361) |
| Reclassification adjustment for losses / (gains) included in net earnings due to: | |||
| Amortization of experience losses and prior service costs | 414 | 361 | 281 |
| Settlement losses | 135 | 113 | 129 |
| Tax (expense) / benefit | 486 | 768 | (144) |
| Derivatives accounted for as hedges: | |||
| Net derivative (losses) / gains | (412) | (709) | (10) |
| Reclassification adjustment for (gains) / losses included in net earnings | 602 | 93 | (30) |
| Tax (expense) / benefit | (87) | 240 | 18 |
| Total other comprehensive earnings / (losses) | (298) | (2,757) | 46 |
| Comprehensive earnings | 2,757 | 790 | 4,185 |
| less: Comprehensive earnings attributable to noncontrolling interests | 33 | 10 | 6 |
| Comprehensive earnings attributable to Mondelez International | 2,724 | 780 | 4,179 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MONDELEZ INTERNATIONAL, INC. | |||
Ticker: MDLZ Fiscal Year: 2012 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 25, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES | |||
| Net earnings | $ 3,055 | 3,547 | 4,139 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Depreciation and amortization | 1,345 | 1,485 | 1,440 |
| Stock-based compensation expense | 162 | 181 | 174 |
| Deferred income tax provision / (benefit) | 410 | (351) | 251 |
| (Gains) / Losses on divestitures, net | (107) | 6 | |
| Gains on discontinued operations | (1,596) | ||
| Asset impairments | 126 | 55 | |
| Other non-cash expense, net | 48 | 81 | 329 |
| Change in assets and liabilities, excluding the effects of acquisitions and divestitures: | |||
| Receivables, net | (599) | (115) | (165) |
| Inventories, net | (129) | (556) | (359) |
| Accounts payable | 505 | 300 | 83 |
| Other current assets | 217 | (374) | 42 |
| Other current liabilities | (1,166) | 676 | (776) |
| Change in pension and postretirement assets and liabilities, net | 56 | (354) | 125 |
| Net cash provided by operating activities | 3,923 | 4,520 | 3,748 |
| CASH PROVIDED BY / (USED IN) INVESTING ACTIVITIES | |||
| Capital expenditures | (1,610) | (1,771) | (1,661) |
| Acquisitions, net of cash received | (9,848) | ||
| Proceeds from divestitures, net of disbursements | 200 | 4,039 | |
| Cash transferred to Kraft Foods Group related to the Spin-Off | (410) | ||
| Proceeds from sale of property, plant and equipment and other | 133 | 43 | 8 |
| Net cash used in investing activities | (1,687) | (1,728) | (7,462) |
| CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES | |||
| Net issuance / (repayments) of short-term borrowings | 93 | (565) | (864) |
| Long-term debt proceeds | 6,775 | 36 | 9,433 |
| Long-term debt repaid | (4,495) | (1,114) | (2,134) |
| Dividends paid | (2,058) | (2,043) | (2,175) |
| Other | (111) | 511 | (72) |
| Net cash provided by / (used in) financing activities | 204 | (3,175) | 4,188 |
| Effect of exchange rate changes on cash and cash equivalents | 61 | (124) | (94) |
| Cash and cash equivalents: | |||
| Increase / (decrease) | 2,501 | (507) | 380 |
| Balance at beginning of period | 1,974 | 2,481 | |
| Balance at end of period | 4,475 | 1,974 | 2,481 |
| Cash paid: | |||
| Interest | 2,406 | 2,031 | 1,593 |
| Income taxes | 1,057 | 932 | 2,232 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
MONDELEZ INTERNATIONAL, INC. | ||
Ticker: MDLZ Fiscal Year: 2012 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2012 10-K (Filed: Feb 25, 2013) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2012 | Dec 31, 2011 | |
| ASSETS | ||
| Cash and cash equivalents | $ 4,475 | 1,974 |
| Receivables (net of allowances of $118 in 2012 and $143 in 2011) | 6,129 | 6,361 |
| Inventories, net | 3,741 | 5,706 |
| Deferred income taxes | 542 | 912 |
| Other current assets | 735 | 1,249 |
| Total current assets | 15,622 | 16,202 |
| Property, plant and equipment, net | 10,010 | 13,813 |
| Goodwill | 25,801 | 37,297 |
| Intangible assets, net | 22,552 | 25,186 |
| Prepaid pension assets | 18 | 31 |
| Other assets | 1,475 | 1,308 |
| TOTAL ASSETS | 75,478 | 93,837 |
| LIABILITIES | ||
| Short-term borrowings | 274 | 182 |
| Current portion of long-term debt | 3,577 | 3,654 |
| Accounts payable | 4,642 | 5,525 |
| Accrued marketing | 2,484 | 2,863 |
| Accrued employment costs | 1,038 | 1,365 |
| Other current liabilities | 2,858 | 4,856 |
| Total current liabilities | 14,873 | 18,445 |
| Long-term debt | 15,574 | 23,095 |
| Deferred income taxes | 6,302 | 6,738 |
| Accrued pension costs | 2,885 | 3,597 |
| Accrued postretirement health care costs | 451 | 3,238 |
| Other liabilities | 3,038 | 3,396 |
| TOTAL LIABILITIES | 43,123 | 58,509 |
| Commitments and Contingencies (Note 12) | ||
| EQUITY | ||
| Common Stock, no par value (1,996,537,778 shares issued in 2012 and 2011) | ||
| Additional paid-in capital | 31,548 | 31,318 |
| Retained earnings | 10,457 | 18,012 |
| Accumulated other comprehensive losses | (2,633) | (6,637) |
| Treasury stock, at cost | (7,157) | (7,476) |
| Total Mondelez International Shareholders' Equity | 32,215 | 35,217 |
| Noncontrolling interest | 140 | 111 |
| TOTAL EQUITY | 32,355 | 35,328 |
| TOTAL LIABILITIES AND EQUITY | 75,478 | 93,837 |
| External Links | |
| MONDELEZ INTERNATIONAL, INC. (MDLZ) Fiscal Year 2012 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |