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Equity Method Investments (Tables)
 12 Months Ended
Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Summarized Financial Information of Equity Method Investments
Summarized financial information related to our equity method investments is reflected below.
 As of December 31,
 20212020
 (in millions)
Current assets$6,313 $5,922 
Noncurrent assets71,949 72,941 
Total assets$78,262 $78,863 
Current liabilities$11,105 $11,784 
Noncurrent liabilities27,204 27,752 
Total liabilities$38,309 $39,536 
Equity attributable to shareowners of investees$39,798 $39,161 
Equity attributable to noncontrolling interests155 166 
Total net equity of investees$39,953 $39,327 
Mondelēz International ownership interests
5-50%
8-50%
Equity method investments (1)
$5,289 $6,036 
 
 For the Years Ended December 31,
 202120202019
 (in millions)
Net revenues$22,149 $20,112 $19,361 
Gross profit10,804 9,856 9,781 
Income from continuing operations2,614 2,078 2,216 
Net income2,614 2,078 2,216 
Net income attributable to investees$2,618 $2,070 $2,206 
Mondelēz International ownership interests
5-50%
8-50%
13-50%
Equity method investment net earnings$393 $421 $501 

(1)Includes a basis difference of approximately $475 million as of December 31, 2021 and $519 million as of December 31, 2020 between the U.S. GAAP accounting basis for our equity method investments and the U.S. GAAP accounting basis of our investees’ equity.