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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Summary of Operating Results
Our summarized operating results by quarter are detailed below.
 
2019 Quarters
 
First
 
Second
 
Third
 
Fourth
 
(in millions, except per share data)
Net revenues
$
6,538

 
$
6,062

 
$
6,355

 
$
6,913

Gross profit
2,593

 
2,469

 
2,516

 
2,759

(Provision)/benefit for income taxes (1)
(189
)
 
(216
)
 
633

 
(230
)
Gain/(loss) on equity method investment transactions
23

 
(25
)
 
—

 
—

Equity method investment net earnings
113

 
113

 
111

 
105

Net earnings
920

 
808

 
1,428

 
729

Noncontrolling interest
(6
)
 
(1
)
 
(5
)
 
(3
)
Net earnings attributable to Mondelēz International
$
914

 
$
807

 
$
1,423

 
$
726

Weighted-average shares for basic EPS
1,449

 
1,445

 
1,445

 
1,441

Plus incremental shares from assumed conversions of
   stock options and long-term incentive plan shares
12

 
13

 
13

 
12

Weighted-average shares for diluted EPS
1,461

 
1,458

 
1,458

 
1,453

Per share data:
 
 
 
 
 
 
 
Basic EPS attributable to Mondelēz International:
$
0.63

 
$
0.56

 
$
0.98

 
$
0.50

Diluted EPS attributable to Mondelēz International:
$
0.63

 
$
0.55

 
$
0.98

 
$
0.50

Dividends declared
$
0.26

 
$
0.26

 
$
0.285

 
$
0.285

 
2018 Quarters
 
First
 
Second
 
Third
 
Fourth
 
(in millions, except per share data)
Net revenues
$
6,765

 
$
6,112

 
$
6,288

 
$
6,773

Gross profit
2,849

 
2,540

 
2,414

 
2,549

Provision for income taxes
(337
)
 
(15
)
 
(310
)
 
(111
)
Gain on equity method investment transactions
—

 
—

 
757

 
21

Equity method investment net earnings
232

 
87

 
80

 
149

Net earnings
1,052

 
320

 
1,197

 
826

Noncontrolling interest
(6
)
 
(2
)
 
(3
)
 
(3
)
Net earnings attributable to Mondelēz International
$
1,046

 
$
318

 
$
1,194

 
$
823

Weighted-average shares for basic EPS
1,489

 
1,475

 
1,466

 
1,457

Plus incremental shares from assumed conversions of
   stock options and long-term incentive plan shares
16

 
13

 
14

 
13

Weighted-average shares for diluted EPS
1,505

 
1,488

 
1,480

 
1,470

Per share data:
 
 
 
 
 
 
 
Basic EPS attributable to Mondelēz International:
$
0.70

 
$
0.22

 
$
0.81

 
$
0.56

Diluted EPS attributable to Mondelēz International:
$
0.70

 
$
0.21

 
$
0.81

 
$
0.56

Dividends declared
$
0.22

 
$
0.22

 
$
0.26

 
$
0.26


(1)
The third quarter of 2019 was significantly impacted by the $769 million net deferred tax benefit related to Swiss tax reform. Refer to Note 16, Income Taxes for more information.
Schedule of Pre-Tax (Charges)/Gains in Earnings From Continuing Operations
During 2019 and 2018, we recorded the following pre-tax (charges)/benefits in earnings from continuing operations:
 
2019 Quarters
 
First
 
Second
 
Third
 
Fourth
 
(in millions)
Asset impairment and exit costs
$
(20
)
 
$
(15
)
 
$
(134
)
 
$
(59
)
Divestiture-related costs
1

 
(11
)
 
4

 
—

Net gain on divestiture
—

 
41

 
3

 
—

Impact from pension participation changes
—

 
35

 
(3
)
 
(3
)
Impact from the resolution of tax matters
—

 
—

 
—

 
(85
)
Loss related to interest rate swaps
—

 
—

 
(111
)
 
—

Net gain/(loss) on equity method investment
   transactions
23

 
(25
)
 
—

 
—

 
$
4

 
$
25

 
$
(241
)
 
$
(147
)

 
2018 Quarters
 
First
 
Second
 
Third
 
Fourth
 
(in millions)
Asset impairment and exit costs
$
(54
)
 
$
(111
)
 
$
(125
)
 
$
(99
)
Divestiture-related costs
3

 
—

 
—

 
(2
)
Impact from pension participation changes
—

 
(409
)
 
(3
)
 
(17
)
Impact from the resolution of tax matters
—

 
(15
)
 
—

 
26

Gain/(loss) related to interest rate swaps
14

 
(5
)
 
1

 
—

Loss on early extinguishment of
   debt and related expenses
—

 
(140
)
 
—

 
—

Gain on equity method investment transaction
—

 
—

 
757

 
21

 
$
(37
)
 
$
(680
)
 
$
630

 
$
(71
)