XML 92 R77.htm IDEA: XBRL DOCUMENT v3.22.0.1
Debt and Borrowing Arrangements - Debt Issuances (Details)
Dec. 31, 2021
EUR (€)
Dec. 31, 2021
USD ($)
Sep. 20, 2021
EUR (€)
Dec. 31, 2020
EUR (€)
Dec. 31, 2020
USD ($)
Loans Payable | 0.750% Notes Due September 2024 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1] 0.75% 0.75%      
Gross Proceeds [1],[2]   $ 500,000,000      
Loans Payable | 1.250% Notes Due September 2026 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1] 1.25% 1.25%      
Gross Proceeds [1],[2]   $ 350,000,000      
Loans Payable | 0.250% Notes Due September 2029 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1],[3] 0.25% 0.25%      
Gross Proceeds [1],[3] € 650,000,000 [2] $ 769,000,000      
Loans Payable | 0.625% Notes Due September 2032 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1],[3] 0.625% 0.625%      
Gross Proceeds [1],[3] € 650,000,000 [2] $ 769,000,000      
Loans Payable | 1.250% Notes Due September 2041 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1],[3] 1.25% 1.25%      
Gross Proceeds [1],[3] € 700,000,000 [2] $ 828,000,000      
Loans Payable | 0.250% Notes Due March 2028          
Debt Instrument [Line Items]          
Interest Rate 0.25% 0.25%      
Gross Proceeds € 750,000,000 [2] $ 896,000,000      
Loans Payable | 0.750% Notes March 2033          
Debt Instrument [Line Items]          
Interest Rate 0.75% 0.75%      
Gross Proceeds € 600,000,000 [2] $ 717,000,000      
Loans Payable | 1.375% Notes Due March 2041          
Debt Instrument [Line Items]          
Interest Rate 1.375% 1.375%      
Gross Proceeds € 650,000,000 [2] $ 777,000,000      
Loans Payable | 1.875% Notes Due October 2032          
Debt Instrument [Line Items]          
Interest Rate       1.875% 1.875%
Gross Proceeds [2]         $ 625,000,000
Loans Payable | 2.625% Notes Due September 2050          
Debt Instrument [Line Items]          
Interest Rate [4]       2.625% 2.625%
Gross Proceeds [2],[4]         $ 1,125,000,000
Loans Payable | 0.000% Euro-denominated Notes Due September 2026          
Debt Instrument [Line Items]          
Interest Rate [1]       0.00% 0.00%
Gross Proceeds [1]       € 500,000,000 [2] $ 588,000,000
Loans Payable | 0.375% Euro-denominated Notes Due September 2029          
Debt Instrument [Line Items]          
Interest Rate [1]       0.375% 0.375%
Gross Proceeds [1]       € 750,000,000 [2] $ 882,000,000
Loans Payable | 1.500% Notes Due February 2031          
Debt Instrument [Line Items]          
Interest Rate       1.50% 1.50%
Gross Proceeds [2]         $ 500,000,000
Loans Payable | 0.625% Notes Due July 2022          
Debt Instrument [Line Items]          
Interest Rate       0.625% 0.625%
Gross Proceeds [2]         $ 1,000,000,000
Loans Payable | 1.500% Notes due May 2025          
Debt Instrument [Line Items]          
Interest Rate       1.50% 1.50%
Gross Proceeds [2]         $ 750,000,000
Loans Payable | 2.750% Notes Due April 2030          
Debt Instrument [Line Items]          
Interest Rate [4]       2.75% 2.75%
Gross Proceeds [2],[4]         $ 1,250,000,000
Loans Payable | 2.125% Notes Due April 2023          
Debt Instrument [Line Items]          
Interest Rate       2.125% 2.125%
Gross Proceeds [2]         $ 500,000,000
Loans Payable | Green Bonds | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Gross Proceeds | € 1,970,000,000        
Exchangeable Notes | 0.000% Notes Due September 2024          
Debt Instrument [Line Items]          
Gross Proceeds | € € 300,000,000   € 300,000,000    
Exchangeable Notes | 0.000% Notes Due September 2024 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1],[5] 0.00% 0.00%      
Gross Proceeds [1],[5] € 300,000,000 [2] $ 352,000,000      
Debt premium percentage 1.02 1.02      
[1] Notes issued by Mondelez International Holdings Netherlands B.V. (“MIHN”), a wholly owned Dutch subsidiary of Mondelez International, Inc.
[2] Represents gross proceeds from the issuance of notes excluding debt issuance costs, discounts and premiums.
[3] Issuance of green bonds where we have committed to allocate an amount equal to the €1.97 billion total net proceeds from the offering over time to eligible projects that align with our sustainability priorities in the areas of building a thriving ingredient supply chain and reducing our environmental impact.
[4] This represents a further issuance of a previously issued note and forms a single series note
[5] Issuance of exchangeable bonds that were issued at 102% of their principal amount and are redeemable for cash or existing ordinary shares of JDE Peet's at our option (see Note 7, Equity Method Investments). Bondholders have an option to redeem bonds before maturity subject to exchange periods. We have identified our option to settle in either cash or existing ordinary shares of JDE Peet's as an embedded derivative that is bifurcated and accounted for separately from the bond. See Note 10, Financial Instruments.