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 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 |
| 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 |