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: 2014 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 20, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES | |||
| Net earnings | $ 2,201 | 3,935 | 3,094 |
| Adjustments to reconcile net earnings to operating cash flows: | |||
| Depreciation and amortization | 1,059 | 1,077 | 1,345 |
| Stock-based compensation expense | 141 | 128 | 162 |
| Deferred income tax (benefit) / provision | (186) | (64) | 369 |
| Gains on acquisition and divestitures, net | (30) | (107) | |
| Asset impairments | 240 | 97 | 126 |
| Benefit from indemnification resolution | (385) | ||
| Loss on early extinguishment of debt | 493 | 608 | |
| Unrealized (gain) / loss on planned coffee business transactions currency hedge | (628) | ||
| Other non-cash items, net | (184) | (19) | 44 |
| Change in assets and liabilities, net of acquisitions and divestitures: | |||
| Receivables, net | 184 | 492 | (599) |
| Inventories, net | (188) | (116) | (129) |
| Accounts payable | 387 | 793 | 505 |
| Other current assets | (86) | (42) | 217 |
| Other current liabilities | 135 | 62 | (1,160) |
| Change in pension and postretirement assets and liabilities, net | (6) | (126) | 56 |
| Net cash provided by operating activities | 3,562 | 6,410 | 3,923 |
| CASH PROVIDED BY / (USED IN) INVESTING ACTIVITIES | |||
| Capital expenditures | (1,642) | (1,622) | (1,610) |
| Acquisition, net of cash received | (7) | (119) | |
| Proceeds from divestitures, net of disbursements | 60 | 200 | |
| Cash received from / (transferred to) Kraft Foods Group related to the Spin-Off | 55 | (410) | |
| Proceeds from sale of property, plant and equipment and other | 7 | 143 | 133 |
| Net cash used in investing activities | (1,642) | (1,483) | (1,687) |
| CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES | |||
| Issuances of commercial paper, maturities greater than 90 days | 2,082 | 1,329 | 1,579 |
| Repayments of commercial paper, maturities greater than 90 days | (2,713) | (607) | (1,581) |
| Net issuances of other short-term borrowings, net | 398 | 613 | 95 |
| Long-term debt proceeds | 3,032 | 3,248 | 6,775 |
| Long-term debt repaid | (3,017) | (7,559) | (4,495) |
| Repurchase of Common Stock | (1,700) | (2,900) | |
| Dividends paid | (964) | (943) | (2,058) |
| Other | 194 | 132 | (111) |
| Net cash (used in) / provided by financing activities | (2,688) | (6,687) | 204 |
| Effect of exchange rate changes on cash and cash equivalents | (223) | (93) | 61 |
| Cash and cash equivalents: | |||
| Increase / (decrease) | (991) | (1,853) | 2,501 |
| Balance at beginning of period | 2,622 | 4,475 | |
| Balance at end of period | 1,631 | 2,622 | 4,475 |
| Cash paid: | |||
| Interest | 827 | 1,150 | 2,406 |
| Income taxes | 1,238 | 760 | 1,057 |
| External Links | |
| MONDELEZ INTERNATIONAL, INC. (MDLZ) Fiscal Year 2014 | |
| 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 |