10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

MONDELEZ INTERNATIONAL, INC.

Ticker: MDLZ   Fiscal Year: 2017

Consolidated Statements of Cash Flows

Period Ending Dec 31, 2017 10-K (Filed: Feb 9, 2018)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2017Dec 31, 2016Dec 31, 2015
CASH PROVIDED BY/(USED IN) OPERATING ACTIVITIES
Net earnings
$
2,936
1,6697,291
Adjustments to reconcile net earnings to operating cash flows:
Depreciation and amortization816823894
Stock-based compensation expense137140136
U.S. tax reform transition tax1,31700
Deferred income tax benefit(1,206)(141)(30)
Asset impairments and accelerated depreciation334446345
Loss on early extinguishment of debt11428748
Loss on deconsolidation of Venezuela00778
Gains on divestitures and JDE coffee business transactions(186)(9)(6,822)
JDE coffee business transactions currency-related net gains00(436)
Gain on equity method investment transactions(40)(43)0
Equity method investment net earnings(460) [1](301)(56)
Distributions from equity method investments1527558
Other non-cash items, net(225)(43)199
Change in assets and liabilities, net of acquisitions and divestitures:
Receivables, net(24)3144
Inventories, net(18)62(49)
Accounts payable5409659
Other current assets14(176)28
Other current liabilities(637)60152
Change in pension and postretirement assets and liabilities, net(333)(592)(211)
Net cash provided by operating activities2,5932,8383,728
 
CASH PROVIDED BY/(USED IN) INVESTING ACTIVITIES
Capital expenditures(1,014)(1,224)(1,514)
Proceeds from JDE coffee business transactions currency hedge settlements001,050
Acquisitions, net of cash received0(246)(527)
Proceeds from divestitures, net of disbursements6043034,735
Reduction of cash due to Venezuela deconsolidation00(611)
Capital contribution to JDE00(544)
Proceeds from sale of property, plant and equipment and other assets10913860
Net cash (used in)/provided by investing activities(301)(1,029)2,649
 
CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES
Issuances of commercial paper, maturities greater than 90 days1,8081,540613
Repayments of commercial paper, maturities greater than 90 days(1,911)(1,031)(710)
Net issuances/(repayments) of other short-term borrowings1,0271,741(931)
Long-term debt proceeds3505,6404,624
Long-term debt repaid(1,470)(6,186)(4,975)
Repurchase of Common Stock(2,174)(2,601)(3,622)
Dividends paid(1,198)(1,094)(1,008)
Other207129126
Net cash used in financing activities(3,361)(1,862)(5,883)
 
Effect of exchange rate changes on cash and cash equivalents89(76)(255)
Cash and cash equivalents:
(Decrease)/increase(980)(129)239
 
Balance at beginning of period1,7411,870
Balance at end of period7611,7411,870
 
Cash paid:
Interest398630747
Income taxes848527745
[1] Historically, we have recorded income from equity method investments within our operating income as these investments operated as extensions of our base business. Beginning in the third quarter of 2015, to align with the accounting for JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. For the six months ended December 31, 2015, after-tax equity method investment net earnings were less than $1 million o
External Links 
MONDELEZ INTERNATIONAL, INC. (MDLZ) Fiscal Year 2017
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