EX-12 4 d404272dex12.htm STATEMENT REGARDING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES Statement regarding computation of ratios of earnings to fixed charges

EXHIBIT 12

Mondelēz International, Inc. and Subsidiaries

Computation of Ratios of Earnings to Fixed Charges

(in millions of dollars, except ratio)

 

     For the Three     For the Nine  
     Months Ended     Months Ended  
     September 30, 2012     September 30, 2012  

Earnings before income taxes

   $ 788      $ 3,376   

Add / (Deduct):

    

Equity in net earnings of less than 50% owned affiliates

     (26     (76

Dividends from less than 50% owned affiliates

     6        61   

Fixed charges

     912        1,984   

Interest capitalized, net of amortization

     —          —     
  

 

 

   

 

 

 

Earnings available for fixed charges

   $ 1,680      $ 5,345   
  

 

 

   

 

 

 

Fixed charges:

    

Interest incurred:

    

Interest expense

   $ 882      $ 1,895   

Capitalized interest

     1        2   
  

 

 

   

 

 

 
     883        1,897   

Portion of rent expense deemed to represent interest factor

     29        87   
  

 

 

   

 

 

 

Fixed charges

   $ 912      $ 1,984   
  

 

 

   

 

 

 

Ratio of earnings to fixed charges

     1.8        2.7