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Reclassifications from Accumulated Other Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of Amounts Reclassified from Accumulated Other Comprehensive Earnings/(Losses)
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 $62 million in the second quarter of 2020 and $59 million in the second quarter of 2019 and $166 million in the first six months of 2020 and $88 million in the first six months of 2019.
 
For the Three Months Ended
June 30,
 
For the Six Months Ended
June 30,
 
2020
 
2019
 
2020
 
2019
 
(in millions)
Currency Translation Adjustments:
 
 
 
 
 
 
 
Balance at beginning of period
$
(9,686
)
 
$
(8,458
)
 
$
(8,320
)
 
$
(8,622
)
Currency translation adjustments
26

 
31

 
(1,255
)
 
172

Reclassification to earnings related to:
 
 
 
 
 
 
 
Equity method investment transactions (1)
29

 

 
29

 

Tax (expense)/benefit
26

 
(1
)
 
(64
)
 
21

Other comprehensive earnings/(losses)
81

 
30

 
(1,290
)
 
193

Less: other comprehensive (earnings)/loss attributable to
   noncontrolling interests
(4
)
 
(2
)
 
1

 
(1
)
Balance at end of period
(9,609
)
 
(8,430
)
 
(9,609
)
 
(8,430
)
Pension and Other Benefit Plans:
 
 
 
 
 
 
 
Balance at beginning of period
$
(1,661
)
 
$
(1,837
)
 
$
(1,721
)
 
$
(1,854
)
Net actuarial gain/(loss) arising during period
(2
)
 
(20
)
 
(24
)
 
(32
)
Tax (expense)/benefit on net actuarial gain/(loss)
(1
)
 
6

 
(1
)
 
7

Losses/(gains) reclassified into net earnings:
 
 
 
 
 
 
 
Amortization of experience losses
   and prior service costs (2)
24

 
34

 
49

 
66

Settlement losses and other expenses (1)
9

 
24

 
15

 
28

Tax expense/(benefit) on reclassifications (3)
(7
)
 
(11
)
 
(15
)
 
(18
)
Currency impact
(18
)
 
5

 
41

 
4

Other comprehensive earnings/(losses)
5

 
38

 
65

 
55

Balance at end of period
(1,656
)
 
(1,799
)
 
(1,656
)
 
(1,799
)
Derivative Cash Flow Hedges:
 
 
 
 
 
 
 
Balance at beginning of period
$
(155
)
 
$
(233
)
 
$
(213
)
 
$
(168
)
Net derivative gains/(losses)
(16
)
 
(84
)
 
(56
)
 
(158
)
Tax (expense)/benefit on net derivative gain/(loss)
11

 
9

 
26

 
18

Losses/(gains) reclassified into net earnings:
 
 
 
 
 
 
 
Interest rate contracts (1) (4)
8

 
12

 
113

 
12

Tax expense/(benefit) on reclassifications (3)
(1
)
 

 
(25
)
 

Currency impact
(1
)
 
1

 
1

 
1

Other comprehensive earnings/(losses)
1

 
(62
)
 
59

 
(127
)
Balance at end of period
(154
)
 
(295
)
 
(154
)
 
(295
)
Accumulated other comprehensive income
   attributable to Mondelēz International:
 
 
 
 
 
 
 
Balance at beginning of period
$
(11,502
)
 
$
(10,528
)
 
$
(10,254
)
 
$
(10,644
)
Total other comprehensive earnings/(losses)
87

 
6

 
(1,166
)
 
121

Less: other comprehensive (earnings)/loss attributable to
   noncontrolling interests
(4
)
 
(2
)
 
1

 
(1
)
Other comprehensive earnings/(losses) attributable to
   Mondelēz International
83

 
4

 
(1,165
)
 
120

Balance at end of period
$
(11,419
)
 
$
(10,524
)
 
$
(11,419
)
 
$
(10,524
)

(1)
These amounts include equity method investment transactions recorded within gain/(loss) on equity method investment transactions.
(2)
These reclassified losses are included in net periodic benefit costs disclosed in Note 10, Benefit Plans.
(3)
Taxes reclassified to earnings are recorded within the provision for income taxes.
(4)
These reclassified gains or losses are recorded within interest and other expense, net.