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: 2019 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 7, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Net revenues | $ 25,868 | 25,938 | 25,896 |
| Cost of sales | 15,531 | 15,586 | 15,862 |
| Gross profit | 10,337 | 10,352 | 10,034 |
| Selling, general and administrative expenses | 6,136 | 6,475 | 5,938 |
| Asset impairment and exit costs | 228 | 389 | 642 |
| Net gains on divestitures | (44) | 0 | (186) |
| Amortization of intangibles | 174 | 176 | 178 |
| Operating income | 3,843 | 3,312 | 3,462 |
| Benefit plan non-service income | (60) | (50) | (44) [1] |
| Interest and other expense, net | 456 | 520 | 382 |
| Earnings before income taxes | 3,447 | 2,842 | 3,124 |
| Provision for income taxes | (2) | (773) | (666) |
| Net (loss)/gain on equity method investment transactions | (2) | 778 | 40 |
| Equity method investment net earnings | 442 | 548 | 344 |
| Net earnings | 3,885 | 3,395 | 2,842 |
| Noncontrolling interest earnings | (15) | (14) | (14) |
| Net earnings attributable to Mondelez International | 3,870 | 3,381 | 2,828 |
| Per share data: | |||
| Basic earnings per share attributable to Mondelez International (in dollars per share) | 2.68 | 2.30 | 1.87 |
| Diluted earnings per share attributable to Mondelez International (in dollars per share) | 2.65 | 2.28 | 1.85 |
| [1] During the first quarter of 2018, in connection with adopting a new pension cost classification accounting standard, we reclassified certain of our benefit plan component costs other than service costs out of operating income into a new line item, benefit plan non-service income, on our consolidated statements of earnings. As such, we have recast our historical operating income and segment operating income to reflect this reclassification, which had no impact to earnings before income taxes or net earnings. | |||
| External Links | |
| MONDELEZ INTERNATIONAL, INC. (MDLZ) Fiscal Year 2019 | |
| 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 |