Reclassifications from Accumulated Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Earnings/(Losses)

The following table summarizes the changes in 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 $42 million in the first quarter of 2022 and $34 million in the first quarter of 2021.

	For the Three Months Ended March 31,
	2022		2021
	(in millions)
Currency Translation Adjustments:
Balance at beginning of period	$	(9,097)	$	(8,655)
Currency translation adjustments	6		(134)
Tax (expense)/benefit	44		(2)
Other comprehensive earnings/(losses)	50		(136)
Less: other comprehensive (earnings)/loss attributable to noncontrolling interests	4		9
Balance at end of period	(9,043)		(8,782)
Pension and Other Benefit Plans:
Balance at beginning of period	$	(1,379)	$	(1,874)
Net actuarial gain/(loss) arising during period	44		(1)
Tax (expense)/benefit on net actuarial gain/(loss)	—		—
Losses/(gains) reclassified into net earnings:
Amortization of experience losses and prior service costs (2)	20		35
Settlement losses and other expenses (2)	3		3
Tax expense/(benefit) on reclassifications (3)	(6)		(9)
Currency impact	32		41
Other comprehensive earnings/(losses)	93		69
Balance at end of period	(1,286)		(1,805)
Derivative Cash Flow Hedges:
Balance at beginning of period	$	(148)	$	(161)
Net derivative gains/(losses)	26		(7)
Tax (expense)/benefit on net derivative gain/(loss)	(1)		1
Losses/(gains) reclassified into net earnings:
Interest rate contracts (2)(4)	48		6
Tax expense/(benefit) on reclassifications (3)	(23)		(1)
Currency impact	2		3
Other comprehensive earnings/(losses)	52		2
Balance at end of period	(96)		(159)
Accumulated other comprehensive income    attributable to Mondelēz International:
Balance at beginning of period	$	(10,624)	$	(10,690)
Total other comprehensive earnings/(losses)	195		(65)
Less: other comprehensive (earnings)/loss attributable to noncontrolling interests	4		9
Other comprehensive earnings/(losses) attributable to Mondelēz International	199		(56)
Balance at end of period	$	(10,425)	$	(10,746)

(1)These reclassified losses are included in net periodic benefit costs disclosed in Note 10, Benefit Plans.

(2)These amounts include equity method investment transactions recorded within gain on equity method investment transactions.

(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.