EXHIBIT 12

Mondelēz International, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

(in millions of U.S. dollars, except ratio)

	For the Three
	Months Ended
	March 31, 2014
Earnings before income taxes	$	123
Add / (Deduct):
Equity in net earnings of less than 50% owned affiliates		(27	)
Dividends from less than 50% owned affiliates		57
Fixed charges		260
Interest capitalized, net of amortization		—
Earnings available for fixed charges	$	413
Fixed charges:
Interest incurred:
Interest expense	$	240
Capitalized interest		—
		240
Portion of rent expense deemed to represent interest factor		20
Fixed charges	$	260
Ratio of earnings to fixed charges		1.6