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: 2017 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 9, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net revenues | $ 25,896 [1] | 25,923 | 29,636 |
| Cost of sales | 15,831 | 15,795 | 18,124 |
| Gross profit | 10,065 | 10,128 | 11,512 |
| Selling, general and administrative expenses | 5,911 | 6,540 | 7,577 |
| Asset impairment and exit costs | 656 | 852 | 901 |
| Net gain on divestitures | (186) | (9) | (6,822) |
| Loss on deconsolidation of Venezuela | 0 | 0 | 778 |
| Amortization of intangibles | 178 | 176 | 181 |
| Operating income | 3,506 | 2,569 | 8,897 |
| Interest and other expense, net | 382 | 1,115 | 1,013 |
| Earnings before income taxes | 3,124 | 1,454 | 7,884 |
| Provision for income taxes | (688) | (129) | (593) |
| Gain on equity method investment transactions | 40 | 43 | 0 |
| Equity method investment net earnings | 460 | 301 | 0 |
| Net earnings | 2,936 | 1,669 | 7,291 |
| Noncontrolling interest earnings | (14) | (10) | (24) |
| Net earnings attributable to Mondelez International | 2,922 | 1,659 | 7,267 |
| Per share data: | |||
| Basic earnings per share attributable to Mondelez International | 1.93 | 1.07 | 4.49 |
| Diluted earnings per share attributable to Mondelez International | 1.91 | 1.05 | 4.44 |
| Dividends declared | 0.82 | 0.72 | 0.64 |
| [1] In 2015, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages. Following the deconsolidation of our Venezuela operations at the end of 2015, our 2016 and 2017 consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, fo | |||
| 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 |