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Reclassifications from Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Reclassifications from Accumulated Other Comprehensive Income
Note 15. Reclassifications from Accumulated Other Comprehensive Income

The following table summarizes the changes in the accumulated balances of each component of accumulated other comprehensive earnings/(losses) attributable to Mondelēz International. Amounts reclassified from accumulated other comprehensive earnings/(losses) to net earnings (net of tax) were net losses of $279 million in 2019, $169 million in 2018 and $174 million in 2017.
 
For the Years Ended December 31,
 
2019
 
2018
 
2017
 
(in millions)
Currency Translation Adjustments:
 
 
 
 
 
Balance at beginning of period
$
(8,603
)
 
$
(7,740
)
 
$
(8,910
)
Currency translation adjustments
250

 
(698
)
 
984

Reclassification to earnings related to:
 
 
 
 
 
Equity method investment transactions
—

 
6

 
—

Tax (expense)/benefit
49

 
(173
)
 
214

Other comprehensive earnings/(losses)
299

 
(865
)
 
1,198

Less: other comprehensive (earnings)/loss attributable to noncontrolling interests
2

 
2

 
(28
)
Balance at end of period
(8,302
)
 
(8,603
)
 
(7,740
)
Pension and Other Benefit Plans:
 
 
 
 
 
Balance at beginning of period
$
(1,860
)
 
$
(2,144
)
 
$
(2,087
)
Net actuarial gain/(loss) arising during period
(10
)
 
36

 
(71
)
Tax (expense)/benefit on net actuarial gain/(loss)
20

 
(16
)
 
50

Losses/(gains) reclassified into net earnings:
 
 
 
 
 
Amortization of experience losses and prior service costs (1)
137

 
168

 
174

Settlement losses and other expenses (1)
30

 
40

 
38

Tax expense/(benefit) on reclassifications (2)
(42
)
 
(36
)
 
(65
)
Currency impact
(19
)
 
92

 
(183
)
Other comprehensive earnings/(losses)
116

 
284

 
(57
)
Balance at end of period
(1,744
)
 
(1,860
)
 
(2,144
)
Derivative Cash Flow Hedges:
 
 
 
 
 
Balance at beginning of period
$
(167
)
 
$
(113
)
 
$
(121
)
Net derivative gains/(losses)
(224
)
 
(58
)
 
(17
)
Tax (expense)/benefit on net derivative gain/(loss)
19

 
6

 
9

Losses/(gains) reclassified into net earnings:
 
 
 
 
 
Currency exchange contracts - forecasted transactions (3)
—

 
—

 
4

Commodity contracts (3)
—

 
—

 
29

Interest rate contracts (4)
155

 
(11
)
 
—

Tax expense/(benefit) on reclassifications (2)
(1
)
 
2

 
(6
)
Currency impact
6

 
7

 
(11
)
Other comprehensive earnings/(losses)
(45
)
 
(54
)
 
8

Balance at end of period
(212
)
 
(167
)
 
(113
)
Accumulated other comprehensive income attributable to
   Mondelēz International:
 
 
 
 
 
Balance at beginning of period
$
(10,630
)
 
$
(9,997
)
 
$
(11,118
)
Total other comprehensive earnings/(losses)
370

 
(635
)
 
1,149

Less: other comprehensive (earnings)/loss attributable to noncontrolling interests
2

 
2

 
(28
)
Other comprehensive earnings/(losses)
   attributable to Mondelēz International
372

 
(633
)
 
1,121

Balance at end of period
$
(10,258
)
 
$
(10,630
)
 
$
(9,997
)

(1)
These reclassified losses are included in net periodic benefit costs disclosed in Note 11, Benefit Plans, and net loss on equity method investment transactions.
(2)
Taxes reclassified to earnings are recorded within the provision for income taxes.
(3)
These reclassified gains or losses are recorded within cost of sales.
(4)
These reclassified losses are recorded within interest and other expense, net and net loss on equity method investment transactions.