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: 2016 | |||
Consolidated Statements of Comprehensive Earnings | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Net revenues | $ 25,923 | 29,636 | 34,244 |
| Cost of sales | 15,795 | 18,124 | 21,647 |
| Gross profit | 10,128 | 11,512 | 12,597 |
| Selling, general and administrative expenses | 6,540 | 7,577 | 8,457 |
| Asset impairment and exit costs | 852 | 901 | 692 |
| Gains / (loss) on JDE coffee business transactions and divestiture | (9) | (6,822) | |
| Loss on deconsolidation of Venezuela | 778 | ||
| Amortization of intangibles | 176 | 181 | 206 |
| Operating income (loss) | 2,569 | 8,897 | 3,242 |
| Interest and other expense, net | 1,115 | 1,013 | 688 |
| Earnings before income taxes | 1,454 | 7,884 | 2,554 |
| Provision for income taxes | (129) | (593) | (353) |
| Gain on equity method investment exchange | 43 | ||
| Equity method investment net earnings | 301 | ||
| Net earnings | 1,669 | 7,291 | 2,201 |
| Noncontrolling interest earnings | (10) | (24) | (17) |
| Net earnings attributable to Mondelez International | 1,659 | 7,267 | 2,184 |
| Per share data: | |||
| Basic earnings per share attributable to Mondelez International | 1.07 | 4.49 | 1.29 |
| Diluted earnings per share attributable to Mondelez International | 1.05 | 4.44 | 1.28 |
| Dividends declared | 0.72 | 0.64 | 0.58 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MONDELEZ INTERNATIONAL, INC. | |||
Ticker: MDLZ Fiscal Year: 2016 | |||
Consolidated Statements of Comprehensive Earnings | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Net earnings | $ 1,669 | 7,291 | 2,201 |
| Other comprehensive earnings / (losses), net of tax: | |||
| Currency translation adjustment | (925) | (2,990) | (3,661) |
| Pension and other benefit plans | (153) | 340 | (682) |
| Derivative cash flow hedges | (75) | (44) | (119) |
| Total other comprehensive earnings / (losses) | (1,153) | (2,694) | (4,462) |
| Comprehensive earnings / (losses) | 516 | 4,597 | (2,261) |
| less: Comprehensive earnings / (losses) attributable to noncontrolling interests | (7) | (2) | (16) |
| Comprehensive earnings / (losses) attributable to Mondelez International | 523 | 4,599 | (2,245) |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MONDELEZ INTERNATIONAL, INC. | |||
Ticker: MDLZ Fiscal Year: 2016 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES | |||
| Net earnings | $ 1,669 | 7,291 | 2,201 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Depreciation and amortization | 823 | 894 | 1,059 |
| Stock-based compensation expense | 140 | 136 | 141 |
| Deferred income tax benefit | (141) | (30) | (186) |
| Asset impairments and accelerated depreciation | 446 | 345 | 240 |
| Loss on early extinguishment of debt | 428 | 748 | 493 |
| Loss on deconsolidation of Venezuela | 778 | ||
| Gains on divestitures and JDE coffee business transactions | (9) | (6,822) | |
| JDE coffee business transactions currency-related net gains | (436) | (628) | |
| Gain on equity method investment exchange | (43) | ||
| Equity method investment net earnings | (301) | (56) | (113) |
| Distributions from equity method investments | 75 | 58 | 63 |
| Other non-cash items, net | (43) | 199 | (134) |
| Change in assets and liabilities, net of acquisitions and divestitures: | |||
| Receivables, net | 31 | 44 | 184 |
| Inventories, net | 62 | (49) | (188) |
| Accounts payable | 409 | 659 | 387 |
| Other current assets | (176) | 28 | (86) |
| Other current liabilities | 60 | 152 | 135 |
| Change in pension and postretirement assets and liabilities, net | (592) | (211) | (6) |
| Net cash provided by operating activities | 2,838 | 3,728 | 3,562 |
| CASH PROVIDED BY / (USED IN) INVESTING ACTIVITIES | |||
| Capital expenditures | (1,224) | (1,514) | (1,642) |
| Proceeds from JDE coffee business transactions currency hedge settlements | 1,050 | ||
| Acquisitions, net of cash received | (246) | (527) | (7) |
| Proceeds from JDE coffee business transaction and divestitures, net of disbursements | 303 | 4,735 | |
| Reduction of cash due to Venezuela deconsolidation | (611) | ||
| Capital contribution to JDE | (544) | ||
| Proceeds from sale of property, plant and equipment and other assets | 138 | 60 | 7 |
| Net cash (used in) / provided by investing activities | (1,029) | 2,649 | (1,642) |
| CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES | |||
| Issuances of commercial paper, maturities greater than 90 days | 1,540 | 613 | 2,082 |
| Repayments of commercial paper, maturities greater than 90 days | (1,031) | (710) | (2,713) |
| Net (repayments) / issuances of other short-term borrowings | 1,741 | (931) | 398 |
| Long-term debt proceeds | 5,640 | 4,624 | 3,032 |
| Long-term debt repaid | (6,186) | (4,975) | (3,017) |
| Repurchase of Common Stock | (2,601) | (3,622) | (1,700) |
| Dividends paid | (1,094) | (1,008) | (964) |
| Other | 129 | 126 | 194 |
| Net cash used in financing activities | (1,862) | (5,883) | (2,688) |
| Effect of exchange rate changes on cash and cash equivalents | (76) | (255) | (223) |
| Cash and cash equivalents: | |||
| (Decrease) / increase | (129) | 239 | (991) |
| Balance at beginning of period | 1,870 | 1,631 | |
| Balance at end of period | 1,741 | 1,870 | 1,631 |
| Cash paid: | |||
| Interest | 630 | 747 | 827 |
| Income taxes | 527 | 745 | 1,238 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
MONDELEZ INTERNATIONAL, INC. | ||
Ticker: MDLZ Fiscal Year: 2016 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| ASSETS | ||
| Cash and cash equivalents | $ 1,741 | 1,870 |
| Trade receivables (net of allowances of $58 at December 31, 2016 and $54 at December 31, 2015) | 2,611 | 2,634 |
| Other receivables (net of allowances of $93 at December 31, 2016 and $109 at December 31, 2015) | 859 | 1,212 |
| Inventories, net | 2,469 | 2,609 |
| Other current assets | 800 | 633 |
| Total current assets | 8,480 | 8,958 |
| Property, plant and equipment, net | 8,229 | 8,362 |
| Goodwill | 20,276 | 20,664 |
| Intangible assets, net | 18,101 | 18,768 |
| Prepaid pension assets | 159 | 69 |
| Deferred income taxes | 358 | 277 |
| Equity method investments | 5,585 | 5,387 |
| Other assets | 350 | 358 |
| TOTAL ASSETS | 61,538 | 62,843 |
| LIABILITIES | ||
| Short-term borrowings | 2,531 | 236 |
| Current portion of long-term debt | 1,451 | 605 |
| Accounts payable | 5,318 | 4,890 |
| Accrued marketing | 1,745 | 1,634 |
| Accrued employment costs | 736 | 844 |
| Other current liabilities | 2,636 | 2,713 |
| Total current liabilities | 14,417 | 10,922 |
| Long-term debt | 13,217 | 14,557 |
| Deferred income taxes | 4,721 | 4,750 |
| Accrued pension costs | 2,014 | 2,183 |
| Accrued postretirement health care costs | 382 | 499 |
| Other liabilities | 1,572 | 1,832 |
| TOTAL LIABILITIES | 36,323 | 34,743 |
| Commitments and Contingencies (Note 12) | ||
| EQUITY | ||
| Common Stock, no par value (5,000,000,000 shares authorized and 1,996,537,778 shares issued at December 31, 2016 and December 31, 2015) | 0 | 0 |
| Additional paid-in capital | 31,847 | 31,760 |
| Retained earnings | 21,149 | 20,700 |
| Accumulated other comprehensive losses | (11,122) | (9,986) |
| Treasury stock, at cost (468,172,237 shares at December 31, 2016 and 416,504,624 shares at December 31, 2015) | (16,713) | (14,462) |
| Total Mondelez International Shareholders' Equity | 25,161 | 28,012 |
| Noncontrolling interest | 54 | 88 |
| TOTAL EQUITY | 25,215 | 28,100 |
| TOTAL LIABILITIES AND EQUITY | 61,538 | 62,843 |
| External Links | |
| MONDELEZ INTERNATIONAL, INC. (MDLZ) Fiscal Year 2016 | |
| 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 |