Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2012	Jan. 31, 2013	Jun. 30, 2012
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	FY
Trading Symbol	MDLZ
Entity Registrant Name	Mondelez International, Inc.
Entity Central Index Key	0001103982
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		1,778,287,539
Entity Public Float			$ 69,000,000,000

Consolidated Statements of Earnings (USD $) In Millions, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Net revenues	$ 35,015	$ 35,810	$ 31,489
Cost of sales	21,939	22,710	19,617
Gross profit	13,076	13,100	11,872
Selling, general and administrative expenses	9,176	9,382	9,140
Asset impairment and exit costs	153	(5)	26
Gains on divestitures, net	(107)
Amortization of intangibles	217	225	210
Operating income	3,637	3,498	2,496
Interest and other expense, net	1,863	1,618	1,770
Earnings from continuing operations before income taxes	1,774	1,880	726
Provision for income taxes	207	143	54
Earnings from continuing operations	1,567	1,737	672
Earnings from discontinued operations, net of income taxes	1,488	1,810	3,467
Net earnings	3,055	3,547	4,139
Noncontrolling interest	27	20	25
Net earnings attributable to Mondelez International	$ 3,028	$ 3,527	$ 4,114
Basic earnings per share attributable to Mondelez International:
Continuing operations	$ 0.87	$ 0.97	$ 0.38
Discontinued operations	$ 0.83	$ 1.03	$ 2.02
Net earnings attributable to Mondelez International	$ 1.70	$ 2.00	$ 2.40
Diluted earnings per share attributable to Mondelez International:
Continuing operations	$ 0.86	$ 0.97	$ 0.38
Discontinued operations	$ 0.83	$ 1.02	$ 2.01
Net earnings attributable to Mondelez International	$ 1.69	$ 1.99	$ 2.39
Dividends declared	$ 1.00	$ 1.16	$ 1.16

Consolidated Statements of Comprehensive Earnings (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Net earnings	$ 3,055	$ 3,547	$ 4,139
Currency translation adjustment:
Translation adjustment	791	(1,245)	264
Tax (expense) / benefit	39	(45)	(101)
Pension and other benefits:
Net actuarial gain / (loss) arising during period	(2,266)	(2,333)	(361)
Reclassification adjustment for losses / (gains) included in net earnings due to:
Amortization of experience losses and prior service costs	414	361	281
Settlement losses	135	113	129
Tax (expense) / benefit	486	768	(144)
Derivatives accounted for as hedges:
Net derivative (losses) / gains	(412)	(709)	(10)
Reclassification adjustment for (gains) / losses included in net earnings	602	93	(30)
Tax (expense) / benefit	(87)	240	18
Total other comprehensive earnings / (losses)	(298)	(2,757)	46
Comprehensive earnings	2,757	790	4,185
less: Comprehensive earnings attributable to noncontrolling interests	33	10	6
Comprehensive earnings attributable to Mondelez International	$ 2,724	$ 780	$ 4,179

Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 4,475	$ 1,974
Receivables (net of allowances of $118 in 2012 and $143 in 2011)	6,129	6,361
Inventories, net	3,741	5,706
Deferred income taxes	542	912
Other current assets	735	1,249
Total current assets	15,622	16,202
Property, plant and equipment, net	10,010	13,813
Goodwill	25,801	37,297
Intangible assets, net	22,552	25,186
Prepaid pension assets	18	31
Other assets	1,475	1,308
TOTAL ASSETS	75,478	93,837
LIABILITIES
Short-term borrowings	274	182
Current portion of long-term debt	3,577	3,654
Accounts payable	4,642	5,525
Accrued marketing	2,484	2,863
Accrued employment costs	1,038	1,365
Other current liabilities	2,858	4,856
Total current liabilities	14,873	18,445
Long-term debt	15,574	23,095
Deferred income taxes	6,302	6,738
Accrued pension costs	2,885	3,597
Accrued postretirement health care costs	451	3,238
Other liabilities	3,038	3,396
TOTAL LIABILITIES	43,123	58,509
Commitments and Contingencies (Note 12)
EQUITY
Common Stock, no par value (1,996,537,778 shares issued in 2012 and 2011)
Additional paid-in capital	31,548	31,318
Retained earnings	10,457	18,012
Accumulated other comprehensive losses	(2,633)	(6,637)
Treasury stock, at cost	(7,157)	(7,476)
Total Mondelez International Shareholders' Equity	32,215	35,217
Noncontrolling interest	140	111
TOTAL EQUITY	32,355	35,328
TOTAL LIABILITIES AND EQUITY	$ 75,478	$ 93,837

Consolidated Balance Sheets (Parenthetical) (USD $) In Millions, except Share data, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Receivables, allowances	$ 118	$ 143
Common Stock, no par value
Common Stock, shares issued	1,996,537,778	1,996,537,778

Consolidated Statements of Equity (USD $) In Millions, unless otherwise specified	Total	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Earnings/(Losses)	Treasury Stock	Noncontrolling Interest
Beginning Balances at Dec. 31, 2009	$ 25,972	$ 23,611	$ 14,636	$ (3,955)	$ (8,416)	$ 96
Comprehensive earnings / (losses):
Net earnings	4,139		4,114			25
Other comprehensive earnings / (losses), net of income taxes	46			65		(19)
Exercise of stock options and issuance of other stock awards	337	153	(106)		290
Cash dividends declared ($1.00 per share for 2012 and $1.16 per share for 2011 and 2010)	(2,025)		(2,025)
Net impact of noncontrolling interests from Cadbury acquisition	71	38				33
Purchase from noncontrolling interest, dividends paid and other activities	(55)	(28)				(27)
Issuance of Common Stock	7,457	7,457
Ending Balances at Dec. 31, 2010	35,942	31,231	16,619	(3,890)	(8,126)	108
Comprehensive earnings / (losses):
Net earnings	3,547		3,527			20
Other comprehensive earnings / (losses), net of income taxes	(2,757)			(2,747)		(10)
Exercise of stock options and issuance of other stock awards	664	100	(86)		650
Cash dividends declared ($1.00 per share for 2012 and $1.16 per share for 2011 and 2010)	(2,048)		(2,048)
Dividends paid on noncontrolling interest and other activities	(20)	(13)				(7)
Ending Balances at Dec. 31, 2011	35,328	31,318	18,012	(6,637)	(7,476)	111
Comprehensive earnings / (losses):
Net earnings	3,055		3,028			27
Other comprehensive earnings / (losses), net of income taxes	(298)			(304)		6
Exercise of stock options and issuance of other stock awards	407	141	(53)		319
Cash dividends declared ($1.00 per share for 2012 and $1.16 per share for 2011 and 2010)	(1,775)		(1,775)
Spin-Off of Kraft Foods Group, Inc.	(4,358)	89	(8,755)	4,308
Dividends paid on noncontrolling interest and other activities	(4)					(4)
Ending Balances at Dec. 31, 2012	$ 32,355	$ 31,548	$ 10,457	$ (2,633)	$ (7,157)	$ 140

Consolidated Statements of Cash Flows (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES
Net earnings	$ 3,055	$ 3,547	$ 4,139
Adjustments to reconcile net earnings to operating cash flows:
Depreciation and amortization	1,345	1,485	1,440
Stock-based compensation expense	162	181	174
Deferred income tax provision / (benefit)	410	(351)	251
(Gains) / Losses on divestitures, net	(107)		6
Gains on discontinued operations			(1,596)
Asset impairments	126		55
Other non-cash expense, net	48	81	329
Change in assets and liabilities, excluding the effects of acquisitions and divestitures:
Receivables, net	(599)	(115)	(165)
Inventories, net	(129)	(556)	(359)
Accounts payable	505	300	83
Other current assets	217	(374)	42
Other current liabilities	(1,166)	676	(776)
Change in pension and postretirement assets and liabilities, net	56	(354)	125
Net cash provided by operating activities	3,923	4,520	3,748
CASH PROVIDED BY / (USED IN) INVESTING ACTIVITIES
Capital expenditures	(1,610)	(1,771)	(1,661)
Acquisitions, net of cash received			(9,848)
Proceeds from divestitures, net of disbursements	200		4,039
Cash transferred to Kraft Foods Group related to the Spin-Off	(410)
Proceeds from sale of property, plant and equipment and other	133	43	8
Net cash used in investing activities	(1,687)	(1,728)	(7,462)
CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES
Net issuance / (repayments) of short-term borrowings	93	(565)	(864)
Long-term debt proceeds	6,775	36	9,433
Long-term debt repaid	(4,495)	(1,114)	(2,134)
Dividends paid	(2,058)	(2,043)	(2,175)
Other	(111)	511	(72)
Net cash provided by / (used in) financing activities	204	(3,175)	4,188
Effect of exchange rate changes on cash and cash equivalents	61	(124)	(94)
Cash and cash equivalents:
Increase / (decrease)	2,501	(507)	380
Balance at beginning of period	1,974	2,481	2,101
Balance at end of period	4,475	1,974	2,481
Cash paid:
Interest	2,406	2,031	1,593
Income taxes	$ 1,057	$ 932	$ 2,232

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies

Note 1. Summary of Significant Accounting Policies

Description of Business:

Mondelēz International, Inc. (formerly Kraft Foods Inc.) was incorporated in 2000 in the Commonwealth of Virginia. Mondelēz International, Inc., through its subsidiaries (collectively “Mondelēz International,” “we,” “us” and “our”), sells food and beverage products to consumers in approximately 165 countries.

On October 1, 2012 (the “Distribution Date”), we completed the spin-off of our former North American grocery business, Kraft Foods Group, Inc. (“Kraft Foods Group”) by distributing 100% of the outstanding shares of common stock of Kraft Foods Group to holders of our common stock (the “Spin-Off”). Along with our other food and beverage categories, we also retained our global snacks business (the “Global Snacks Business.”) See Note 2, Divestitures and Acquisitions, for more information about the Spin-Off.

Changes in Presentation:

The divested Kraft Foods Group is presented as a discontinued operation on the consolidated statements of earnings for all periods presented. The Kraft Foods Group balance sheet, other comprehensive earnings and cash flows are included within our consolidated balance sheet and consolidated statements of equity, comprehensive earnings and cash flows through October 1, 2012. The results from discontinued operations are discussed in further detail in Note 2, Divestitures and Acquisitions.

Principles of Consolidation:

The consolidated financial statements include Mondelēz International, as well as our wholly owned and majority owned subsidiaries. The majority of our operating subsidiaries report results as of the last Saturday of the year. A portion of our international operating subsidiaries report results as of the last calendar day of the period. In 2011, the last Saturday of the year fell on December 31, so our 2011 results included one more week of operating results (“53^rd week”) than 2012 or 2010, which each had 52 weeks.

In 2011, we changed the consolidation date for certain operations of our Europe segment and in the Latin America, Central and Eastern Europe (“CEE”) and Middle East and Africa (“MEA”) regions within our Developing Markets segment. Previously, these operations primarily reported results two weeks prior to the end of the period. Subsequent to the 2011 changes, our Europe segment reports results as of the last Saturday of each period. Certain operations within our Developing Markets segment now report results as of the last calendar day of the period or the last Saturday of the period. These changes and the 53^rd week in 2011 resulted in a favorable impact to net revenues of $679 million and a favorable impact of $93 million to operating income in 2011.

In 2010, we changed the consolidation date for certain European biscuits operations, which are included within our Europe segment, and certain operations in Asia Pacific and Latin America within our Developing Markets segment. Previously, these operations primarily reported period-end results one month or two weeks prior to the end of the period. Europe moved the reporting of these operations to two weeks prior to the end of the period, and Asia Pacific and Latin America moved the reporting of these operations to the last day of the period. These changes resulted in a favorable impact to net revenues of $193 million and a favorable impact of $23 million to operating income in 2010.

We believe these changes are preferable and will improve business planning and financial reporting by better matching the close dates of the operating subsidiaries within our Europe and Developing Markets segments and by bringing the reporting dates closer to the period-end date. As the effect to prior-period results was not material, we have not revised prior-period results.

We account for investments in which we exercise significant influence (20%-50% ownership interest) under the equity method of accounting. We use the cost method of accounting for investments in which we have an ownership interest of less than 20% and in which we do not exercise significant influence. Noncontrolling interest in subsidiaries consists of the equity interest of noncontrolling investors in consolidated subsidiaries of Mondelēz International. All intercompany transactions are eliminated.

Use of Estimates:

We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which require us to make estimates and assumptions that affect a number of amounts in our consolidated financial statements. Significant accounting policy elections, estimates and assumptions include, among others, pension and benefit plan assumptions, valuation assumptions of goodwill and intangible assets, useful lives of long-lived assets, marketing program accruals, insurance and self-insurance reserves and income taxes. We base our estimates on historical experience and other assumptions that we believe are reasonable. If actual amounts differ from estimates, we include the revisions in our consolidated results of operations in the period the actual amounts become known. Historically, the aggregate differences, if any, between our estimates and actual amounts in any year have not had a material effect on our consolidated financial statements.

Foreign Currencies:

We translate the results of operations of our foreign subsidiaries using average exchange rates during each period, whereas balance sheet accounts are translated using exchange rates at the end of each period. We record currency translation adjustments as a component of equity. Transaction gains and losses are recorded in earnings and were not significant for any of the periods presented.

Highly Inflationary Accounting:

We began accounting for the results of our Venezuelan subsidiaries in U.S. dollars on January 1, 2010, as prescribed under U.S. GAAP for highly inflationary economies. We use the official Venezuelan bolivar exchange rate to translate the results of our Venezuelan operations into U.S. dollars. During 2012 and 2011, we recorded immaterial foreign currency impacts in connection with highly inflationary accounting for Venezuela. In 2010, we recorded $115 million of unfavorable foreign currency impacts including a one-time $34 million charge upon adopting highly inflationary accounting for Venezuela.

Cash and Cash Equivalents:

Cash and cash equivalents include demand deposits with banks and all highly liquid investments with original maturities of three months or less.

Inventories:

Inventories are stated at the lower of cost or market. We value all our inventories using the average cost method. We also record inventory allowances for overstocked and obsolete inventories due to ingredient and packaging changes.

Long-Lived Assets:

Property, plant and equipment are stated at historical cost and depreciated by the straight-line method over the estimated useful lives of the assets. Machinery and equipment are depreciated over periods ranging from 3 to 20 years and buildings and building improvements over periods up to 40 years.

We review long-lived assets, including amortizable intangible assets, for impairment when conditions exist that indicate the carrying amount of the assets may not be fully recoverable. We perform undiscounted operating cash flow analyses to determine if an impairment exists. When testing for impairment of assets held for use, we group assets and liabilities at the lowest level for which cash flows are separately identifiable. If an impairment is determined to exist, the loss is calculated based on estimated fair value. Impairment losses on assets to be disposed of, if any, are based on the estimated proceeds to be received, less costs of disposal.

Software Costs:

We capitalize certain computer software and software development costs incurred in connection with developing or obtaining computer software for internal use. Capitalized software costs are included in property, plant and equipment and amortized on a straight-line basis over the estimated useful lives of the software, which do not exceed seven years.

Goodwill and Non-Amortizable Intangible Assets:

We test goodwill and non-amortizable intangible assets for impairment at least annually on October 1. We assess goodwill impairment risk by first performing a qualitative review of entity-specific, industry, market and general economic factors for each reporting unit. If significant potential goodwill impairment risk exists for a specific reporting unit, we apply a two-step quantitative test. The first step compares the reporting unit’s estimated fair value with its carrying value. We estimate a reporting unit’s fair value using a 20-year projection of discounted cash flows which incorporates planned growth rates, market-based discount rates and estimates of residual value. For reporting units within our North America and Europe geographic units, we used a market-based, weighted-average cost of capital of 6.3% to discount the projected cash flows of those operations. For reporting units within our Developing Markets geographic unit, we used a risk-rated discount rate of 9.3%. Estimating the fair value of individual reporting units requires us to make assumptions and estimates regarding our future plans, industry and economic conditions and our actual results and conditions may differ over time. If the carrying value of a reporting unit’s net assets exceeds its fair value, the second step is applied to measure the difference between the carrying value and implied fair value of goodwill. If the carrying value of goodwill exceeds its implied fair value, the goodwill is considered impaired and reduced to its implied fair value.

We test non-amortizable intangible assets for impairment by first performing a qualitative review by assessing events and circumstances that could affect the fair value or carrying value of the indefinite-lived intangible asset. If significant potential impairment risk exists for a specific non-amortizable intangible asset, we quantitatively test for impairment by comparing the fair value of each intangible asset with its carrying value. Fair value of non-amortizable intangible assets is determined using planned growth rates, market-based discount rates and estimates of royalty rates. If the carrying value of the asset exceeds its fair value, the intangible asset is considered impaired and is reduced to its estimated fair value. We record intangible asset impairment charges within asset impairment and exit costs.

Definite-lived intangible assets are amortized over their estimated useful lives and evaluated for impairment as long-lived assets.

Insurance and Self-Insurance:

We use a combination of insurance and self-insurance for a number of risks, including workers’ compensation, general liability, automobile liability, product liability and our obligation for employee healthcare benefits. We estimate the liabilities associated with these risks by evaluating and making judgments about historical claims experience and other actuarial assumptions and the estimated impact on future results.

Revenue Recognition:

We recognize revenues when title and risk of loss pass to customers, which generally occurs upon shipment or delivery of goods. Revenues are recorded net of consumer incentives and trade promotions and include all shipping and handling charges billed to customers. Our shipping and handling costs are classified as part of cost of sales. A provision for product returns and allowances for bad debts is also recorded as reductions to revenues within the same period that the revenue is recognized.

Marketing and Research and Development:

We promote our products with advertising, consumer incentives and trade promotions. These programs include, but are not limited to, discounts, coupons, rebates, in-store display incentives and volume-based incentives. We expense advertising costs either in the period the advertising first takes place or as incurred. Consumer incentive and trade promotion activities are recorded as a reduction to revenues based on amounts estimated as being due to customers and consumers at the end of a period. We base these estimates principally on historical utilization and redemption rates. For interim reporting purposes, advertising and consumer incentive expenses are charged to operations as a percentage of volume, based on estimated volume and related expense for the full year. We do not defer costs on our year-end consolidated balance sheet and all marketing costs are recorded as an expense in the year incurred. Advertising expense was $1,815 million in 2012, $1,860 million in 2011 and $1,729 million in 2010. We expense product research and development costs as incurred. Research and development expense was $462 million in 2012, $511 million in 2011 and $404 million in 2010. We record marketing and research and development expenses within selling, general and administrative expenses.

Environmental Costs:

Throughout the countries in which we do business, we are subject to local, national and multi-national environmental laws and regulations relating to the protection of the environment. We have programs across our business units designed to meet applicable environmental compliance requirements.

In the United States, the laws and regulations include the Clean Air Act, the Clean Water Act, the Resource Conservation and Recovery Act and the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”). CERCLA imposes joint and severable liability on each potentially responsible party. As of December 31, 2012, our subsidiaries were involved in one active proceeding in the U.S. under a state equivalent of CERCLA related to our current operations. As of December 31, 2011, our subsidiaries were involved in 68 active actions. Except for the one active proceeding we retained, all the remaining active actions relate to and were retained by the divested Kraft Foods Group business.

As of December 31, 2012, we accrued an immaterial amount for environmental remediation. Based on information currently available, we believe that the ultimate resolution of existing environmental remediation actions and our compliance in general with environmental laws and regulations will not have a material effect on our financial results.

Employee Benefit Plans:

We provide a range of benefits to our current and retired employees. Depending upon jurisdictions, tenure, presence of a union, job level and other factors, these include pension benefits, postretirement health care benefits and postemployment benefits, consisting primarily of severance. We provide pension coverage for certain employees of our non-U.S. subsidiaries through separate plans. Local statutory requirements govern many of these plans. For salaried and non-union hourly employees hired in the U.S. after January 1, 2009, we discontinued benefits under our U.S. pension plans, and we replaced them with an enhanced company contribution to our employee savings plan. Additionally, we will be freezing the U.S. pension plans for current salaried and non-union hourly employees effective December 31, 2019. Pension accruals for all salaried and non-union employees who are currently earning pension benefits will end on December 31, 2019, and continuing pay and service will be used to calculate the pension benefits through December 31, 2019. Our U.S., Canadian, and United Kingdom subsidiaries provide health care and other benefits to most retired employees. Local government plans generally cover health care benefits for retirees outside the U.S., Canada, and United Kingdom. Our postemployment benefit plans cover most salaried and certain hourly employees. The cost of these plans is charged to expense over the working life of the covered employees.

Financial Instruments:

We use certain financial instruments to manage our foreign currency exchange rate, commodity price and interest rate risks. We monitor and manage these exposures as part of our overall risk management program which focuses on the unpredictability of financial markets and seeks to reduce the potentially adverse effects that the volatility of these markets may have on our operating results. A principal objective of our risk management strategies is to reduce significant, unanticipated earnings fluctuations that may arise from volatility in foreign currency exchange rates, commodity prices and interest rates, principally through the use of derivative instruments.

We use a combination of primarily foreign currency forward contracts, futures, options and swaps; commodity forward contracts, futures and options; and interest rate swaps to manage our exposure to cash flow variability, protect the value of our existing foreign currency assets and liabilities and protect the value of our debt. See Note 9, Financial Instruments, to the consolidated financial statements for more information on the types of derivative instruments we use.

We record derivative financial instruments at fair value in our consolidated balance sheets within other current assets or other current liabilities due to their relatively short-term duration. Cash flows from derivative instruments are classified in the consolidated statements of cash flows based on the nature of the derivative instrument. Changes in the fair value of a derivative that is designated as a cash flow hedge, to the extent that the hedge is effective, are recorded in accumulated other comprehensive earnings / (losses) and reclassified to earnings when the hedged item affects earnings. Changes in fair value of economic hedges and the ineffective portion of all hedges are recognized in current period earnings. Changes in the fair value of a derivative that is designated as a fair value hedge, along with the changes in the fair value of the related hedged asset or liability, are recorded in earnings in the same period. We use foreign currency denominated debt to hedge a portion of our net investment in foreign operations against adverse movements in exchange rates, with changes in the value of the debt recorded within currency translation adjustment in accumulated other comprehensive earnings / (losses).

In order to qualify for hedge accounting, a specified level of hedging effectiveness between the derivative instrument and the item being hedged must exist at inception and throughout the hedged period. We must also formally document the nature of and relationship between the derivative and the hedged item, as well as our risk management objectives, strategies for undertaking the hedge transaction and method of assessing hedge effectiveness. Additionally, for a hedge of a forecasted transaction, the significant characteristics and expected term of the forecasted transaction must be specifically identified, and it must be probable that the forecasted transaction will occur. If it is no longer probable that the hedged forecasted transaction will occur, we would recognize the gain or loss related to the derivative in earnings.

When we use derivatives, we are exposed to credit and market risks. Credit risk exists when a counterparty to a derivative contract might fail to fulfill its performance obligations under the contract. We minimize our credit risk by entering into transactions with counterparties with high quality, investment grade credit ratings, limiting the amount of exposure with each counterparty and monitoring the financial condition of our counterparties. We also maintain a policy of requiring that all significant, non-exchange traded derivative contracts with a duration of one year or longer are governed by an International Swaps and Derivatives Association master agreement. Market risk exists when the value of a derivative or other financial instrument might be adversely affected by changes in market conditions and foreign currency exchange rates, commodity prices, or interest rates. We manage market risk by limiting the types of derivative instruments and derivative strategies we use and the degree of market risk that we plan to hedge through the use of derivative instruments.

Commodity cash flow hedges – We are exposed to price risk related to forecasted purchases of certain commodities that we primarily use as raw materials. We enter into commodity forward contracts primarily for wheat, soybean and vegetable oils, sugar and other sweeteners and cocoa. Commodity forward contracts generally are not subject to the accounting requirements for derivative instruments and hedging activities under the normal purchases exception. We also use commodity futures and options to hedge the price of certain input costs, including wheat, soybean and vegetable oils, sugar and other sweeteners and cocoa. Some of these derivative instruments are highly effective and qualify for hedge accounting treatment. We also sell commodity futures to unprice future purchase commitments, and we occasionally use related futures to cross-hedge a commodity exposure. We are not a party to leveraged derivatives and, by policy, do not use financial instruments for speculative purposes.

Foreign currency cash flow hedges – We use various financial instruments to mitigate our exposure to changes in exchange rates from third-party and intercompany actual and forecasted transactions. These instruments may include foreign exchange forward contracts, futures, options and swaps. Based on the size and location of our businesses, we use these instruments to hedge our exposure to certain currencies, including the euro, pound sterling and Canadian dollar.

Interest rate cash flow and fair value hedges – We manage interest rate volatility by modifying the pricing or maturity characteristics of certain liabilities so that the net impact on interest expense is not, on a material basis, adversely affected by movements in interest rates. As a result of interest rate fluctuations, hedged fixed-rate liabilities appreciate or depreciate in market value. We expect the effect of this unrealized appreciation or depreciation to be substantially offset by our gains or losses on the derivative instruments that are linked to these hedged liabilities. We use derivative instruments, including interest rate swaps that have indices related to the pricing of specific liabilities as part of our interest rate risk management strategy. As a matter of policy, we do not use highly leveraged derivative instruments for interest rate risk management. We use interest rate swaps to economically convert a portion of our fixed-rate debt into variable-rate debt. Under the interest rate swap contracts, we agree with other parties to exchange, at specified intervals, the difference between fixed-rate and floating-rate interest amounts, which is calculated based on an agreed-upon notional amount. We also use interest rate swaps to hedge the variability of interest payment cash flows on a portion of our future debt obligations. Substantially all of these derivative instruments are highly effective and qualify for hedge accounting treatment.

Hedges of net investments in foreign operations – We have numerous investments in our foreign subsidiaries. The net assets of these subsidiaries are exposed to volatility in foreign currency exchange rates. We use foreign currency denominated debt to hedge our net investment in foreign operations against adverse movements in exchange rates. We designated our euro and pound sterling denominated borrowings as a net investment hedge of a portion of our overall European operations. The gains and losses on our net investment in these designated European operations are economically offset by losses and gains on our euro and pound sterling denominated borrowings. The change in the debt’s value is recorded in the currency translation adjustment component of accumulated other comprehensive earnings / (losses).

Income Taxes:

We recognize tax benefits in our financial statements when uncertain tax positions are assessed more likely than not to be sustained upon audit. The amount we recognize is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement.

We recognize deferred tax assets for deductible temporary differences, operating loss carryforwards and tax credit carryforwards. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion, or all, of the deferred tax assets will not be realized.

New Accounting Pronouncements:

In February 2013, the Financial Accounting Standards Board (“FASB”) issued an accounting standards update, clarifying how to report the effect of significant reclassifications out of accumulated other comprehensive income (“AOCI”) by component and the respective line items of the statement of earnings that are affected. The guidance is effective for fiscal and interim reporting periods beginning after December 15, 2012. We plan to adopt this guidance in the first quarter of 2013 and do not anticipate that the adoption will materially change the presentation of our consolidated financial statements.

In July 2012, the FASB issued an accounting standards update which simplifies indefinite-lived intangible asset impairment testing. Companies now have the option to first assess qualitative factors to determine whether it is “more likely than not” that an indefinite-lived intangible asset may be impaired. If, after assessing the totality of events and circumstances, impairment is determined to be not likely, then performing the quantitative two-step impairment test would not be required. The amendment is effective for annual tests performed for fiscal years beginning after September 15, 2012, with early adoption permitted. We adopted the guidance in the quarter ended December 31, 2012, ahead of our annual intangible asset impairment testing. The new guidance did not have an impact on our financial results and simplified the indefinite-lived intangible asset testing we perform on an annual basis.

Reclassifications:

Certain amounts previously reported have been reclassified to conform to the current-year presentation.

Subsequent Events:

We evaluated subsequent events and included all accounting and disclosure requirements related to subsequent events in our consolidated financial statements.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

Divestitures and Acquisitions

12 Months Ended

Dec. 31, 2012

Divestitures and Acquisitions

Note 2. Divestitures and Acquisitions

Spin-off Kraft Foods Group

On October 1, 2012 (the “Distribution Date”), we completed the spin-off of our North American grocery business, Kraft Foods Group, Inc. (“Kraft Foods Group”), to our shareholders (the “Spin-Off”). Along with our other food and beverage categories, we also retained our global snacks business (the “Global Snacks Business”). On October 1, 2012, each of our shareholders of record as of the close of business on September 19, 2012 (“the Record Date”) received one share of Kraft Foods Group common stock for every three shares of our Common Stock held as of the Record Date. The distribution was structured to be tax free to our U.S. shareholders for U.S. federal income tax purposes.

Kraft Foods Group is now an independent public company trading on The NASDAQ Global Select Market under the symbol “KRFT.” After the Spin-Off, we do not beneficially own any shares of Kraft Foods Group common stock.

Summary results of operations for Kraft Foods Group through October 1, 2012 were as follows:


	Nine Months Ended		For the Years Ended December 31,
	October 1, 2012		2011		2010
			(in millions)

Net revenues	$	13,768	$	18,555	$	17,718


Earnings before income taxes	$	2,266	$	2,892	$	2,916
Provision for income taxes		778		1,082		1,093
Earnings and gain from discontinued operations, net of income taxes ⁽¹⁾		–		–		1,644

Earnings from discontinued operations, net of income taxes	$	1,488	$	1,810	$	3,467

(1)

On March 1, 2010, Kraft Foods Group completed the sale of the assets of the North American frozen pizza business to Nestlē USA, Inc. The earnings through March 1, 2010 and the gain were included in discontinued operations for Kraft Foods Group for the year ended December 31, 2010.

The results of the Kraft Foods Group discontinued operation exclude certain corporate and business unit costs which were allocated to Kraft Foods Group historically and are expected to continue at Mondelēz International after the Spin-Off. These costs include primarily corporate overheads, information systems and sales force support. On a pre-tax basis, through the date of the Spin-Off, these costs were $150 million for the nine months ended October 1, 2012, $236 million for the year ended December 31, 2011 and $209 million for the year ended December 31, 2010.

Interest expense relating to debt Kraft Foods Group incurred or assumed through October 1, 2012 has been included in the results from discontinued operations for all periods presented and as follows:


	Nine Months Ended		For the Years Ended December 31,
	October 1, 2012		2011		2010
			(in millions)

$6.0 billion note issuance in June 2012	$	70	$	–	$	–
$3.6 billion notes exchanged in July 2012		171		226		216
$0.4 billion debt transferred in October 2012		24		31		31
Capital leases and other		13		10		7

	$	278	$	267	$	254

On October 1, 2012, we divested the following assets and liabilities which net to $4,358 million, or $4,111 million net of cash retained by Kraft Foods Group on the Distribution Date (in millions):


Assets
Cash	$	247
Receivables		1,685
Inventories, net		2,099
Deferred income taxes		338
Other current assets		168
Property, plant and equipment, net		4,211
Goodwill		11,911
Intangible assets, net		2,632
Prepaid pension assets		16
Other assets		856

	$	24,163

Liabilities
Current portion of long-term debt	$	6
Accounts payable		1,798
Accrued marketing		463
Accrued employment costs		190
Other current liabilities		751
Long-term debt		9,965
Deferred income taxes		874
Accrued pension costs		2,026
Accrued postretirement health care costs		3,316
Other liabilities		416

	$	19,805

Net assets divested in the Spin-Off	$	4,358

Additionally, $4,308 million of accumulated other comprehensive losses primarily related to the pension and other benefit plan net liabilities transferred to Kraft Foods Group and $89 million of unearned compensation recorded within additional paid in capital were distributed to Kraft Foods Group. In total, we recorded a distribution of $8,755 million to our shareholders in connection with the Spin-Off of Kraft Foods Group.

In order to implement the Spin-Off, we entered into certain agreements with Kraft Foods Group to effect our legal and structural separation; govern the relationship between us; and allocate various assets, liabilities and obligations between us, including, among other things, employee benefits, intellectual property and tax-related assets and liabilities (see Note 14, Income Taxes, for additional information). In addition to executing the Spin-Off in the manner provided in the agreements, in November 2012, pursuant to these aqreements, we paid Kraft Foods Group $163 million related to targeted cash flows (together with the $247 million of cash divested on the Distribution Date, totaling $410 million of cash transferred to Kraft Foods Group in connection with the Spin-Off). To facilitate the management, including final payment and resolution, of certain obligations, Kraft Foods Group retained certain of our North American net trade payables and receivables. We also retained approximately $140 million of workers’ compensation liabilities for claims incurred by Kraft Foods Group employees prior to the Spin-Off. In November 2012, we paid Kraft Foods Group $95 million to cash settle the net trade payables and receivables and which are also reflected in table above. As of December 31, 2012, we also have a $55 million receivable from Kraft Foods Group related to the cash settlement of stock awards held by our respective employees at the time of the Spin-Off as further described in Note 11, Stock Plans, to the consolidated financial statements.

Spin-Off Costs:

Our historical results include one-time Spin-Off transaction, transition and financing and related costs (“Spin-Off Costs”) we have incurred to date. We recorded Spin-Off Costs of $1,053 million in 2012 and $46 million of Spin-Off Costs in 2011. We expect to reflect all one-time Spin-Off Costs within our reported results. We incurred the following Spin-Off Costs within our pre-tax earnings:


	For the Years Ended December 31,
	2012		2011
	(in millions)

Selling, general and administrative expenses	$	444	$	46
Interest and other expense, net		609		–

Spin-Off Costs	$	1,053	$	46

Cadbury Acquisition and related Divestitures:

On January 19, 2010, we announced the terms of our final offer for each outstanding ordinary share of Cadbury Limited (formerly, Cadbury plc) (“Cadbury”), including each ordinary share represented by an American Depositary Share (“Cadbury ADS”), and the Cadbury Board of Directors recommended that Cadbury shareholders accept the terms of the final offer. On February 2, 2010, all of the conditions to the offer were satisfied or validly waived, the initial offer period expired and a subsequent offer period immediately began. At that point, we had received acceptances of 71.73% of the outstanding Cadbury ordinary shares, including those represented by Cadbury ADSs (“Cadbury Shares”). As of June 1, 2010, we owned 100% of all outstanding Cadbury Shares.

The Cadbury acquisition was valued at $18.5 billion, or approximately £11.6 billion (based on the average price of $28.36 for a share of Kraft Foods Inc. Common Stock on February 2, 2010 and an exchange rate of $1.595 per £1.00). On February 2, 2010, we acquired 71.73% of Cadbury Shares for $13.1 billion and the value attributed to noncontrolling interests was $5.4 billion. From February 2, 2010 through June 1, 2010, we acquired the remaining 28.27% of Cadbury Shares for $5.4 billion. We recorded a $38 million gain on the noncontrolling interests acquired within additional paid in capital.

As part of our Cadbury acquisition, we incurred and expensed transaction-related fees of $218 million in 2010 and $40 million in 2009. We recorded these expenses within selling, general and administrative expenses. We also incurred acquisition financing fees of $96 million in 2010. We recorded these expenses within interest and other expense, net.

As a condition to granting approval of the acquisition, the EU required that we divest certain Cadbury confectionery operations in Poland and Romania. In 2010, we completed the sale of the assets of these businesses and generated $342 million in sale proceeds. The impact of these divestitures was reflected as adjustments within the Cadbury final purchase accounting.

During 2010, Cadbury contributed net revenues of $9,143 million and net earnings of $530 million from February 2, 2010 through December 31, 2010. The following unaudited pro forma summary presents our consolidated results of continuing operations as if Cadbury had been acquired on January 1, 2010. These amounts were calculated after conversion to U.S. GAAP, applying our accounting policies, and adjusting Cadbury’s results to reflect the additional depreciation and amortization that would have been charged assuming the fair value adjustments to property, plant and equipment, and intangible assets had been applied from January 1, 2010, together with the consequential tax effects. These adjustments also reflect the additional interest expense incurred on the debt to finance the purchase and the divestitures of certain Cadbury confectionery operations in Poland and Romania.


	Pro forma
	Year Ended
	December 31, 2010
	(in millions)

Net revenues	$	32,052
Net earnings attributable to Mondelēz International		2,115

Our February 2, 2010 Cadbury acquisition was valued at $18,547 million, or $17,503 million net of cash and cash equivalents. As part of that acquisition, we acquired the following assets and assumed the following liabilities (in millions):


Assets
Cash and cash equivalents	$	1,044
Receivables ⁽¹⁾		1,333
Inventories, net		1,298
Other current assets		660
Property, plant and equipment, net		3,293
Goodwill ⁽²⁾		9,530
Intangible assets, net ⁽³⁾		12,905
Other assets		593

	$	30,656

Liabilities
Short-term borrowings	$	1,206
Accounts payable		1,605
Other current liabilities ⁽⁴⁾		1,866
Long-term debt		2,437
Deferred income taxes		3,218
Accrued pension costs		817
Other liabilities		927
Noncontrolling interest		33

	$	12,109

Net assets acquired	$	18,547

(1)

The gross amount of acquired receivables was $1,474 million, of which $141 million was reserved as uncollectable.

(2)

Goodwill will not be deductible for statutory tax purposes and is attributable to Cadbury’s workforce and the significant synergies we expect from the acquisition.

(3)

We acquired $10.3 billion of indefinite-lived intangible assets, primarily trademarks, and $2.6 billion of amortizable intangible assets, primarily customer relationships and technology. Customer relationships will be amortized over approximately 13 years and technology will be amortized over approximately 12 years.

(4)

Within other current liabilities, a reserve for exposures related to taxes of approximately $70 million was established within our Developing Markets segment. The cumulative exposure was approximately $150 million at December 31, 2010.

Other Divestitures:

In 2012, we received $200 million in proceeds and recorded pre-tax gains of $107 million primarily related to the divestitures of a dinners and sauces grocery business in Germany and Belgium and a canned meat business in Italy. In 2011, there were no significant divestitures. In 2010, as discussed above, we divested businesses in Poland and Romania in connection with the acquisition of Cadbury.

The aggregate operating results of the divestitures discussed above were not material to our financial statements in any of the periods presented.

Inventories

12 Months Ended

Dec. 31, 2012

Inventories

Note 3. Inventories

Inventories at December 31, 2012 and 2011 were:


	2012		2011
	(in millions)

Raw materials	$	1,213	$	1,800
Finished product		2,528		3,906

Inventories, net	$	3,741	$	5,706

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details

Property, Plant and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment

Note 4. Property, Plant and Equipment

Property, plant and equipment at December 31, 2012 and 2011 were:


	2012			2011
	(in millions)

Land and land improvements	$	643		$	768
Buildings and building improvements		3,199			4,997
Machinery and equipment		11,992			16,934
Construction in progress		1,022			1,233

		16,856			23,932
Accumulated depreciation		(6,846	)		(10,119	)

Property, plant and equipment, net	$	10,010		$	13,813

On October 1, 2012, $4,211 million of property, plant and equipment was divested with the Spin-Off of Kraft Foods Group. Additionally, in the first quarter of 2012, we sold a manufacturing facility located in Russia for $72 million in proceeds, disposing of $17 million of primarily buildings and building improvements, which resulted in our recording a pre-tax gain of $55 million within our Developing Markets segment.

Asset impairments:

In 2012, we recorded impairment charges of $18 million, related primarily to machinery and equipment, under our 2012-2014 Restructuring Program which is further described in Note 6, 2012-2014 Restructuring Program. We did not record any asset impairments in 2011. During 2010, we recorded an asset impairment of $12 million on a biscuit plant and related property, plant and equipment in France. These charges were recorded within asset impairment and exit costs.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets

Note 5. Goodwill and Intangible Assets

At December 31, 2012 and 2011, goodwill by reportable segment was:


	2012		2011
	(in millions)

Developing Markets	$	7,450	$	7,463
Europe		9,245		9,003
North America		9,106		20,831

Goodwill	$	25,801	$	37,297

Intangible assets at December 31, 2012 and 2011 were:


	2012			2011
	(in millions)

Non-amortizable intangible assets	$	20,408		$	22,859
Amortizable intangible assets		2,861			2,853

		23,269			25,712
Accumulated amortization		(717	)		(526	)

Intangible assets, net	$	22,552		$	25,186

Non-amortizable intangible assets consist principally of brand names purchased through our acquisitions of Nabisco Holdings Corp., the Spanish and Portuguese operations of United Biscuits, the global LU Biscuit business of Groupe Danone S.A. and Cadbury. Amortizable intangible assets consist primarily of trademarks, customer-related intangibles, process technology, license agreements and non-compete agreements. At December 31, 2012, the weighted-average life of our amortizable intangible assets was 13.2 years.

Amortization expense for intangible assets was $217 million in 2012, $225 million in 2011 and $210 million in 2010. We currently estimate amortization expense for each of the next five years to be approximately $218 million.

Changes in goodwill and intangible assets consisted of:


	2012						2011
	Goodwill			Intangible Assets, at cost			Goodwill			Intangible Assets, at cost
	(in millions)
Balance at January 1	$	37,297		$	25,712		$	37,856		$	26,279
Changes due to:
Foreign currency		436			262			(559	)		(567	)
Divestitures		(11,932	)		(2,669	)		–			–
Asset impairments		–			(52	)		–			–
Acquisitions		–			14
Other		–			2			–			–

Balance at December 31	$	25,801		$	23,269		$	37,297		$	25,712

Changes to goodwill and intangible assets during 2012 were:

•

Divestitures-In 2012, we reduced goodwill by $11,911 million and reduced intangible assets by $2,666 million due to the divestiture of Kraft Foods Group. We also reduced goodwill by $21 million primarily related to the divestitures in Germany, Belgium and Italy.

•

Asset Impairments-We recorded $52 million of charges related to a trademark on a Japanese chewing gum product within our Developing Markets segment which had significantly lower revenue. The fair value of the intangible asset was determined under a relief of royalty valuation, which models the cash flows from the trademark assuming royalties were received under a licensing arrangement. The charge was calculated as the excess of the carrying value of the intangible asset over its estimated fair value and was recorded within asset impairment and exit costs.

•

Acquisitions-We increased intangible assets by $14 million related to an acquisition of a license in Pakistan and an acquisition of a trademark in Europe.

In 2011, except for changes due to foreign currency translation, there were no significant changes to goodwill and intangible assets.

In 2012, 2011 and 2010, there were no impairments of goodwill. In connection with our 2012 annual impairment testing, we noted two reporting units which were more sensitive to near-term changes in discounted cash flow assumptions: U.S. Confections with $2,177 million of goodwill as of December 31, 2012 and fair value in excess of its carrying value of net assets of 9% and Europe Biscuits with $2,569 million of goodwill as of December 31, 2012 and fair value in excess of its carrying value of net assets of 16%. While the reporting units passed the first step of the impairment test, if the segment operating income or another valuation assumption for either reporting unit were to deteriorate significantly in the future, it could adversely affect the estimated fair value. If we are unsuccessful in our plans to increase the profitability of these businesses, the estimated fair values could fall further and lead to a potential goodwill impairment in the future.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References+ Details

2012-2014 Restructuring Program

12 Months Ended

Dec. 31, 2012

2012-2014 Restructuring Program

Note 6. 2012-2014 Restructuring Program

On March 14, 2012, our Board of Directors approved $1.1 billion of restructuring and related implementation costs (“2012-2014 Restructuring Program”) reflecting primarily severance, asset disposals and other manufacturing-related one-time costs. The primary objective of the restructuring and implementation activities was to ensure that both Kraft Foods Group and Mondelēz International were each set up to operate efficiently and execute on our respective business strategies upon separation and in the future. On October 23, 2012, our Board of Directors approved $400 million of additional restructuring and related implementation programs, totaling $1.5 billion of expected 2012-2014 Restructuring Program costs.

Of the $1.5 billion of anticipated 2012-2014 Restructuring Program costs, Kraft Foods Group has or expects to incur approximately $575 million. As such, we will retain approximately $925 million of the 2012-2014 Restructuring Program.

Restructuring Costs:

Within our continuing results of operations, to date, we have recorded restructuring charges of $102 million in 2012 within asset impairment and exit costs. We spent $33 million in 2012 in cash severance and related costs, and we also recognized non-cash pension plan settlement losses (See Note 10, Benefit Plans) and non-cash asset write-downs (including accelerated depreciation and asset impairments) totaling $33 million in 2012. At December 31, 2012, our net restructuring liability was $36 million recorded within other current liabilities.


	Severance and related costs			Asset Write-downs			Total
	(in millions)

Liability balance, January 1, 2012	$	–		$	–		$	–
Charges		84			18			102
Cash spent		(33	)		–			(33	)
Non-cash settlements		(15	)		(18	)		(33	)

Liability balance, December 31, 2012	$	36		$	–		$	36

Implementation Costs:

Implementation costs are directly attributable to restructuring activities; however, they do not qualify for special accounting treatment as exit or disposal activities. We believe the disclosure of implementation costs provides readers of our financial statements greater transparency to the total costs of our 2012-2014 Restructuring Program. Within our continuing results of operations, to date, we recorded implementation costs of $8 million in 2012 within cost of sales and selling, general and administrative expense in our North America segment. These costs primarily include costs to integrate and reorganize our operations and facilities, the discontinuance of certain product lines and the incremental expenses related to the closure of facilities, replicating our information systems infrastructure and reorganizing costs related to our sales function.

Restructuring and Implementation Costs by Segment:

During 2012, we recorded restructuring and implementation costs within our consolidated segment operating income as follows:


	For the Year Ended December 31, 2012
	Restructuring		Implementation
	Costs		Costs		Total
	(in millions)

Developing Markets	$	7	$	–	$	7
Europe		6		–		6
North America		89		8		97

Total	$	102	$	8	$	110

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details

Integration Program and Cost Savings Initiatives

12 Months Ended

Dec. 31, 2012

Integration Program and Cost Savings Initiatives

Note 7. Integration Program and Cost Savings Initiatives

Integration Program

As a result of our combination with Cadbury in 2010, we launched an integration program to realize expected annual cost savings of approximately $750 million by the end of 2013 and revenue synergies from investments in distribution, marketing and product development. In order to achieve these cost savings and synergies and integrate the two businesses, we expect to incur total integration charges of approximately $1.5 billion through the end of 2013 (the “Integration Program”).

Integration Program costs include the costs associated with combining the Cadbury operations within our Global Snacks Business and are separate from the costs related to the acquisition. Since the inception of the Integration Program, we have incurred approximately $1.3 billion of the estimated $1.5 billion total integration charges. In 2012, we met and exceeded our annual cost savings target of $750 million and achieved approximately $800 million of annual costs savings one year ahead of schedule.

Changes in the Integration Program liability were (in millions):


	2012			2011

Balance at January 1	$	346		$	406
Charges		140			521
Cash spent		(281	)		(554	)
Currency / other		(3	)		(27	)

Balance at December 31	$	202		$	346

We recorded Integration Program charges of $185 million in 2012, $521 million in 2011 and $646 million in 2010. During 2012, we reversed $45 million of Integration Program charges previously accrued in 2010 and primarily related to planned and announced position eliminations that did not occur within our Europe segment. We recorded these charges in operations as a part of selling, general and administrative expenses primarily within our Europe and Developing Markets segments, as well as within general corporate expenses.

Cost Savings Initiatives

Cost savings initiatives generally include exit, disposal and other project costs outside of our Integration Program and 2012-2014 Restructuring Program and consist of the following specific initiatives:

•

In 2012, we recorded a $21 million charge primarily within the segment operating income of Europe related to severance benefits provided to terminated employees and charges in connection with the reorganization within the Europe and Developing Markets segment (the “Europe reorganization”).

•

In 2011, we recorded a $61 million charge primarily within the segment operating income of Europe related to severance benefits provided to terminated employees and charges in connection with the Europe reorganization. We also reversed approximately $15 million of cost savings initiative program costs across the North America and Developing Markets segments.

•

In 2010, we recorded $117 million primarily within the segment operating income of Europe in connection with the Europe reorganization.

Debt and Borrowing Arrangements

12 Months Ended

Dec. 31, 2012

Debt and Borrowing Arrangements

Note 8. Debt and Borrowing Arrangements

Short-Term Borrowings:

At December 31, 2012 and 2011, our short-term borrowings and related weighted-average interest rates consisted of:

2012

2011

Amount

Weighted-Average

Amount

Weighted-Average

Outstanding

Year-End Rate

Outstanding

Year-End Rate

(in millions)

Bank loans

274

7.2%

182

10.7%

Borrowing Arrangements:

We maintain a revolving credit facility that we have historically used for general corporate purposes, including for working capital purposes and to support our commercial paper issuances. Our $4.5 billion four-year senior unsecured revolving credit facility expires in April 2015. As of December 31, 2012, no amounts have been drawn on the facility.

The revolving credit agreement requires us to maintain a minimum shareholders’ equity, excluding accumulated other comprehensive earnings / (losses), of at least $28.6 billion. At December 31, 2012, our shareholders’ equity, excluding accumulated other comprehensive earnings / (losses), was $34.8 billion. We expect to continue to meet this covenant. The revolving credit agreement also contains customary representations, covenants and events of default. However, the revolving credit facility has no other financial covenants, credit rating triggers or provisions that could require us to post collateral as security.

In addition to the above, some of our international subsidiaries maintain primarily uncommitted credit lines to meet short-term working capital needs. Collectively, these credit lines amounted to $2.4 billion at December 31, 2012 and $2.3 billion at December 31, 2011. Borrowings on these lines amounted to $274 million at December 31, 2012 and $182 million at December 31, 2011.

Long-Term Debt:

At December 31, 2012 and 2011, our long-term debt consisted of (interest rates were as of December 31, 2012):


	2012			2011
	(in millions)

U.S. Dollar notes, 2.63% to 7.00% (average effective rate 5.71%), due through 2040	$	16,887		$	21,766
Euro notes, 6.25% (effective rate 6.33%), due through 2015		1,119			3,690
Pound sterling notes, 5.38% to 7.25% (average effective rate 4.94%), due through 2018		1,109			1,074
Other foreign currency obligations		32			178
Capital leases and other		4			41

Total		19,151			26,749
Less current portion of long-term debt		(3,577	)		(3,654	)

Long-term debt	$	15,574		$	23,095

As of December 31, 2012, aggregate maturities of our debt based on stated contractual maturities for the years ended were

(in millions):


2013		2014		2015		2016		2017		Thereafter		Total
$	3,569	$	990	$	1,123	$	1,764	$	1,500	$	10,216	$	19,162

On October 2, 2012 our $150 million Canadian dollar variable rate loan matured. The loan and accrued interest to date were repaid with cash from operations.

On October 1, 2012, approximately $10 billion of debt on our balance sheet at September 30, 2012 was transferred to or retained by Kraft Foods Group. As described below, the debt primarily included: $6.0 billion of senior unsecured notes issued on June 4, 2012; $3.6 billion of debt exchanged on July 18, 2012; and $400 million migrated on October 1, 2012. See Note 2, Divestitures and Acquisitions, for additional information regarding the Spin-Off and liabilities transferred in the divestiture of Kraft Foods Group.

On October 1, 2012, in connection with the Spin-Off and related debt capitalization plan, a $400 million 7.55% senior unsecured note was retained by Kraft Foods Group. No cash was generated from the transaction.

On July 18, 2012, we completed a debt exchange in which $3.6 billion of our debt held by third-party note holders was exchanged for notes issued by Kraft Foods Group in order to migrate debt to Kraft Foods Group in connection with our Spin-Off capitalization plan. No cash was generated from the exchange and we incurred one-time financing costs of $18 million which we recorded in interest expense. As a result of the exchange, we retired the following debt:

•

$596 million of our 6.125% Notes due in February 2018

•

$439 million of our 6.125% Notes due in August 2018

•

$900 million of our 5.375% Notes due in February 2020

•

$233 million of our 6.875% Notes due in January 2039

•

$290 million of our 6.875% Notes due in February 2038

•

$185 million of our 7.000% Notes due in August 2037

•

$170 million of our 6.500% Notes due in November 2031 and

•

$787 million of our 6.500% Notes due in 2040.

On June 4, 2012, Kraft Foods Group issued $6.0 billion of senior unsecured notes and distributed $5.9 billion of net proceeds to us in connection with the Spin-Off capitalization plan. We used the proceeds to pay $3.6 billion of outstanding commercial paper borrowings and expect to use the remaining cash proceeds to pay down additional debt over time or for general corporate purposes. This debt and approximately $260 million of related deferred financing costs were retained by Kraft Foods Group in the Spin-Off.

On June 1, 2012, $900 million of our 6.25% notes matured. The notes and accrued interest to date were repaid using primarily commercial paper borrowings which were subsequently repaid from $5.9 billion net proceeds received from the Kraft Foods Group $6.0 billion notes issuance on June 4, 2012.

On March 20, 2012, €2.0 billion of our 5.75% bonds matured. The bonds and accrued interest to date were repaid using proceeds from the issuance of commercial paper which was subsequently repaid in June 2012 as discussed above.

On January 10, 2012, we issued $800 million of floating rate notes which bear interest at a rate equal to the three-month London Inter-Bank Offered Rate (“LIBOR”) plus 0.875%. We received net proceeds of $798.8 million from the issuance. The notes were set to mature on July 10, 2013 or subject to a mandatory redemption tied to the public announcement of the Record Date for the Spin-Off. After announcing the Record Date, on September 24, 2012, the notes were redeemed at a redemption price equal to 100% of the aggregate principal amount of the notes, or $800 million, plus accrued interest of $2 million with cash on hand.

On November 1, 2011, $1.1 billion of our 5.625% notes matured. The notes and accrued interest to date were repaid with cash from operations.

Fair Value:

The fair value of our short-term borrowings at December 31, 2012 and December 31, 2011 reflects current market interest rates and approximates the amounts we have recorded on our consolidated balance sheet. The fair value of our long-term debt was determined using quoted prices in active markets for the publicly traded debt obligations (Level 1 valuation data). At December 31, 2012, the aggregate fair value of our total debt was $22,946 million and its carrying value was $19,425 million. At December 31, 2011, the aggregate fair value of our total debt was $31,113 million and its carrying value was $26,931 million.

Interest and Other Expense, Net:

Interest and other expense, net within our results of continuing operations consisted of:


	For the Years Ended December 31,
	2012		2011		2010
	(in millions)

Interest expense, debt	$	1,177	$	1,383	$	1,540
Spin-Off-related financing fees		609		–		–
Acquisition-related financing fees		–		–		251
Other expense / (income), net		77		235		(21	)

Total interest and other expense, net	$	1,863	$	1,618	$	1,770

Except for one-time Spin-Off related financing fees, interest expense associated with debt incurred by or migrated to Kraft Foods Group in connection with the Spin-Off is reflected within earnings from discontinued operations, net of income taxes. In 2012, Spin-Off related financing fees include a loss of $556 million related to several interest rate swap settlements. In 2011, other expense includes a loss of $157 million related to several interest rate swaps that settled in 2011. In 2010, acquisition-related financing fees include hedging and foreign currency impacts associated with the Cadbury acquisition and other fees associated with the Cadbury Bridge Facility.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details

Financial Instruments

12 Months Ended

Dec. 31, 2012

Financial Instruments

Note 9. Financial Instruments

Fair Value of Derivative Instruments:

Derivative instruments were recorded at fair value in the consolidated balance sheets as of December 31, 2012 and 2011 as follows:


	2012				2011
	Asset		Liability		Asset		Liability
	Derivatives		Derivatives		Derivatives		Derivatives
	(in millions)				(in millions)

Derivatives designated as hedging instruments:
Foreign exchange contracts	$	6	$	10	$	76	$	5
Commodity contracts		3		34		14		27
Interest rate contracts		16		–		2		519

	$	25	$	44	$	92	$	551

Derivatives not designated as hedging instruments:
Foreign exchange contracts	$	16	$	33	$	13	$	5
Commodity contracts		106		103		392		372
Interest rate contracts		93		61		86		51

	$	215	$	197	$	491	$	428

Total fair value	$	240	$	241	$	583	$	979

During 2012 and 2011, derivatives designated as hedging instruments include cash flow and fair value hedges and derivatives not designated include economic hedges. Non-U.S. debt designated as a hedge of our net investments in foreign operations is not reflected in the table above, but is included in long-term debt summarized in Note 8, Debt and Borrowing Arrangements. The fair value of our asset derivatives are recorded within other current assets and the fair value of our liability derivatives are recorded within other current liabilities. The decrease in derivatives recorded as assets or liabilities as of December 31, 2012 was primarily related to the divestiture of Kraft Foods Group and Spin-Off financing plans.

The fair value (asset / (liability)) of our derivative instruments at December 31, 2012 were determined using:


	Total Fair Value of Net Asset / (Liability)			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(in millions)

Foreign exchange contracts	$	(21	)	$	–		$	(21	)	$	–
Commodity contracts		(28	)		(53	)		25			–
Interest rate contracts		48			–			48			–

Total derivatives	$	(1	)	$	(53	)	$	52		$	–

The fair value (asset / (liability)) of our derivative instruments at December 31, 2011 were determined using:


	Total Fair Value of Net Asset / (Liability)			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(in millions)

Foreign exchange contracts	$	79		$	–		$	79		$	–
Commodity contracts		7			(41	)		48			–
Interest rate contracts		(482	)		–			(482	)		–

Total derivatives	$	(396	)	$	(41	)	$	(355	)	$	–

Level 2 financial assets and liabilities consist of commodity forwards and options, foreign exchange forwards and options, currency swaps and interest rate swaps. Commodity derivatives are valued using an income approach based on the observable market commodity index prices less the contract rate multiplied by the notional amount or based on pricing models which rely on market observable inputs such as commodity prices. Foreign currency contracts are valued using an income approach based on observable market forward rates less the contract rate multiplied by the notional amount. Our calculation of the fair value of interest rate swaps is derived from a discounted cash flow analysis based on the terms of the contract and the observable market interest rate curve. Our calculation of the fair value of financial instruments takes into consideration the risk of nonperformance, including counterparty credit risk.

Derivative Volume:

The net notional values of our derivative instruments as of December 31, 2012 and 2011 were:


	2012		2011
	(in millions)

Foreign exchange contracts:
Intercompany loans and forecasted interest payments	$	3,743	$	1,982
Forecasted transactions		1,663		1,181
Commodity contracts		620		1,287
Interest rate contracts		2,259		4,872
Net investment hedge – euro notes		1,121		3,694
Net investment hedge – pound sterling notes		1,057		1,010

Cash Flow Hedges:

Cash flow hedge activity, net of taxes, within accumulated other comprehensive earnings / (losses) included:


	2012			2011			2010
	(in millions)

Accumulated gain / (loss) at January 1	$	(297	)	$	79		$	101
Transfer of realized (gains) / losses in fair value to earnings		312			118			(25	)
Unrealized gain / (loss) in fair value		(75	)		(444	)		(32	)
Discontinued operations		(134	)		(50	)		35
Impact of Spin-Off		156			–			–

Accumulated gain / (loss) at December 31	$	(38	)	$	(297	)	$	79

After-tax gains / (losses) reclassified from accumulated other comprehensive earnings / (losses) into net earnings from continuing operations were:


	2012			2011			2010
	(in millions)

Foreign exchange contracts – intercompany loans	$	–		$	2		$	10
Foreign exchange contracts – forecasted transactions		58			(38	)		5
Commodity contracts		(10	)		19			11
Interest rate contracts		(360	)		(101	)		(1	)

Total	$	(312	)	$	(118	)	$	25

After-tax gains / (losses) recognized in other comprehensive earnings / (losses) from continuing operations were:


	2012			2011			2010
	(in millions)

Foreign exchange contracts – intercompany loans	$	–		$	1		$	2
Foreign exchange contracts – forecasted transactions		(16	)		12			19
Commodity contracts		(24	)		(22	)		37
Interest rate contracts		(35	)		(435	)		(90	)

Total	$	(75	)	$	(444	)	$	(32	)

Pre-tax gains / (losses) on ineffectiveness recognized in net earnings from continuing operations were:


	2012			2011			2010
	(in millions)

Commodity contracts	$	(3	)	$	(4	)	$	–
Interest rate contracts		(23	)		(2	)		–

Total	$	(26	)	$	(6	)	$	–

Pre-tax gains / (losses) on amounts excluded from effectiveness testing recognized in net earnings from continuing operations were:


	2012			2011			2010
	(in millions)

Commodity contracts	$	–		$	(17	)	$	–
Interest rate contracts		(556	)		(156	)		–

Total	$	(556	)	$	(173	)	$	–

In 2012, we recognized a loss of $556 million in interest and other expenses, net related to certain forward-starting interest rate swaps for which the planned timing of the related forecasted debt was changed in connection with our Spin-Off plans and related debt capitalization plans. In 2011, we recognized a loss of $157 million related to several interest rate swaps that settled in November 2011. We recognized the loss in earnings as the timing of the related forecasted debt changed.

We record pre-tax (i) gains or losses reclassified from accumulated other comprehensive earnings / (losses) into earnings, (ii) gains or losses on ineffectiveness, and (iii) gains or losses on amounts excluded from effectiveness testing in:

•

cost of sales for commodity contracts;

•

cost of sales for foreign exchange contracts related to forecasted transactions; and

•

interest and other expense, net for interest rate contracts and foreign exchange contracts related to intercompany loans.

We expect to transfer unrealized losses of $28 million (net of taxes) for commodity cash flow hedges, unrealized losses of $9 million (net of taxes) for foreign currency cash flow hedges and unrealized losses of $1 million (net of taxes) for interest rate cash flow hedges to earnings during the next 12 months.

As of December 31, 2012, we hedged transactions forecasted to impact cash flows over the following periods:

•

commodity transactions for periods not exceeding the next 12 months;

•

interest rate transactions for periods not exceeding the next 34 years and 2 months; and

•

foreign currency transactions for periods not exceeding the next 11 months.

Fair Value Hedges:

Pre-tax gains / (losses) from continuing operations due to changes in fair value of our interest rate swaps and related hedged long-term debt were recorded in interest and other expense, net:


	2012			2011			2010
	(in millions)

Derivatives	$	(2	)	$	(6	)	$	1
Borrowings		2			6			(1	)

Economic Hedges:

Pre-tax gains / (losses) recorded in net earnings from continuing operations for economic hedges which are not designated as hedging instruments were:


	2012			2011			2010			Location of Gain / (Loss) Recognized in Earnings
				(in millions)

Foreign exchange contracts:
Intercompany loans and forecasted interest payments	$	24		$	34		$	28		Interest expense
Forecasted transactions		7			4			(11	)	Cost of sales
Forecasted transactions		(17	)		3			(17	)	Interest expense
Cadbury acquisition related ⁽¹⁾		–			–			(395	)	Interest expense
Interest rate contracts		3			(3	)		4		Interest expense
Commodity contracts		100			135			90		Cost of sales

Total	$	117		$	173		$	(301	)

(1)

The 2010 Cadbury acquisition related hedging losses were economically offset by $240 million of foreign exchange net gains on cash denominated in pound sterling, the Cadbury Bridge Facility and payable balances associated with the acquisition.

Hedges of Net Investments in Foreign Operations:

After-tax gains / (losses) from continuing operations related to hedges of net investments in foreign operations in the form of euro and pound sterling-denominated debt were:


	2012			2011		2010		Location of Gain /(Loss) Recognized in AOCI
	(in millions)

Euro notes	$	(41	)	$	77	$	170	Currency Translation
Pound sterling notes		(29	)		3		7	Adjustment

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

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+ Details

Benefit Plans

12 Months Ended

Dec. 31, 2012

Benefit Plans

Note 10. Benefit Plans

Prior to the Spin-Off, certain active and retired employees of Kraft Foods Group and certain of our retired employees participated in our North American benefit plans. Following the Spin-Off, their benefits will be provided directly by Kraft Foods Group. The related plan obligations and plan assets (to the extent that the benefit plans were previously funded) were transferred to Kraft Foods Group on October 1, 2012, and we established new plans. The transfer of these benefits to Kraft Foods Group reduced our benefit plan liabilities by $12,218 million, pension assets by $6,550 million, deferred tax assets of $2,146 million, and accumulated other comprehensive losses by $3,810 million.

Pension Plans

On October 1, 2012, in connection with the Spin-Off, we reduced our benefit obligation by $8,594 million, fair value of pension assets by $6,550 million, long-term deferred tax assets by $727 million, and accumulated other comprehensive losses by $2,917 million.

Obligations and Funded Status:

The projected benefit obligations, plan assets and funded status of our pension plans at December 31, 2012 and 2011 were:


	U.S. Plans						Non-U.S. Plans
	2012			2011			2012			2011
	(in millions)

Benefit obligation at January 1	$	7,472		$	6,703		$	9,581		$	8,895
Service cost		142			146			172			170
Interest cost		275			364			425			458
Benefits paid		(241	)		(304	)		(459	)		(470	)
Settlements paid		(211	)		(187	)		–			–
Curtailment gain		–			(3	)		–			(1	)
Actuarial losses		1,157			744			1,060			588
Spin-Off impact		(7,207	)		–			(1,387	)		–
Currency		–			–			350			(95	)
Other		2			9			44			36

Benefit obligation at December 31		1,389			7,472			9,786			9,581


Fair value of plan assets at January 1		5,829			5,800			7,600			7,453
Actual return on plan assets		663			(18	)		684			284
Contributions		349			538			353			387
Benefits paid		(241	)		(304	)		(459	)		(470	)
Settlements paid		(211	)		(187	)		–			–
Spin-Off impact		(5,486	)		–			(1,064	)		–
Currency		–			–			267			(54	)
Other		–			–			–			–

Fair value of plan assets at December 31		903			5,829			7,381			7,600

Net pension liability recognized at December 31	$	(486	)	$	(1,643	)	$	(2,405	)	$	(1,981	)

The accumulated benefit obligation, which represents benefits earned to the measurement date, was $1,218 million at December 31, 2012 and $6,971 million at December 31, 2011 for the U.S. pension plans. The accumulated benefit obligation for the non-U.S. pension plans was $9,453 million at December 31, 2012 and $9,207 million at December 31, 2011.

The combined U.S. and non-U.S. pension plans resulted in a net pension liability of $2,891 million at December 31, 2012 and $3,624 million at December 31, 2011. We recognized these amounts in our consolidated balance sheets at December 31, 2012 and 2011 as follows:


	2012			2011
	(in millions)

Prepaid pension assets	$	18		$	31
Other accrued liabilities		(24	)		(58	)
Accrued pension costs		(2,885	)		(3,597	)

	$	(2,891	)	$	(3,624	)

Certain of our U.S. and non-U.S. plans are underfunded and have accumulated benefit obligations in excess of plan assets. For these plans, the projected benefit obligations, accumulated benefit obligations and the fair value of plan assets at December 31, 2012 and 2011 were:


	U.S. Plans				Non-U.S. Plans
	2012		2011		2012		2011
	(in millions)

Projected benefit obligation	$	1,389	$	7,472	$	9,539	$	9,314
Accumulated benefit obligation		1,218		6,971		9,230		8,962
Fair value of plan assets		903		5,829		7,119		7,313

We used the following weighted-average assumptions to determine our benefit obligations under the pension plans at December 31:


	U.S. Plans				Non-U.S. Plans
	2012		2011		2012		2011

Discount rate		4.20%		4.85%		3.81%		4.62%
Expected rate of return on plan assets		7.75%		8.00%		6.08%		6.47%
Rate of compensation increase		4.00%		4.00%		3.47%		3.58%

Year-end discount rates for our U.S. and Canadian plans were developed from a model portfolio of high quality, fixed-income debt instruments with durations that match the expected future cash flows of the benefit obligations. Year-end discount rates for our non-U.S. plans (other than Canadian plans) were developed from local bond indices that match local benefit obligations as closely as possible. Changes in our discount rates were primarily the result of changes in bond yields year-over-year. We determine our expected rate of return on plan assets from the plan assets’ historical long-term investment performance, current asset allocation and estimates of future long-term returns by asset class.

Components of Net Pension Cost:

Net pension cost consisted of the following for the years ended December 31, 2012, 2011, and 2010:


	U.S. Plans									Non-U.S. Plans
	2012			2011			2010			2012			2011			2010
	(in millions)

Service cost	$	142		$	146		$	145		$	172		$	170		$	162
Interest cost		275			364			368			425			458			419
Expected return on plan assets		(358	)		(496	)		(490	)		(494	)		(536	)		(467	)
Amortization:
Net loss from experience differences		253			225			170			121			101			77
Prior service cost		6			7			6			3			2			7
Other expenses		113			105			123			22			14			11
Net pension costs related to discontinued operations		(263	)		(233	)		(230	)		(29	)		(29	)		(21	)

Net pension cost included in continuing operations	$	168		$	118		$	92		$	220		$	180		$	188

The following costs are included within other expenses above. Employees who elected lump-sum payments in connection with our 2012-2014 Restructuring Program and cost saving initiatives and retired employees who elected lump-sum payments resulted in settlement losses for our U.S. plans of $113 million in 2012, $105 million in 2011 and $118 million in 2010. Non-U.S. plant closures and early retirement benefits resulted in curtailment and settlement losses of $9 million in 2012, $8 million in 2011 and $11 million in 2010. In addition, in 2012 we incurred $13 million in special termination benefit costs in the non-U.S. plans and in 2011 we incurred $6 million in special termination benefit costs in the non-U.S. plans related to the Cadbury integration.

For the U.S. plans, we determine the expected return on plan assets component of net periodic benefit cost using a calculated market return value that recognizes the cost over a four year period. For our non-U.S. plans, we utilize a similar approach with varying cost recognition periods for some plans, and with others, we determine the expected return on plan assets based on asset fair values as of the measurement date.

As of December 31, 2012, for the combined U.S. and non-U.S. pension plans, we expected to amortize from accumulated other comprehensive earnings / (losses) into net periodic pension cost during 2013:

•

an estimated $191 million of net loss from experience differences; and

•

an estimated $4 million of prior service cost.

We used the following weighted-average assumptions to determine our net pension cost for the years ended December 31:


	U.S. Plans						Non-U.S. Plans
	2012		2011		2010		2012		2011		2010
Discount rate		4.56%		5.53%		5.85%		4.62%		5.11%		5.21%
Expected rate of return on plan assets		8.00%		7.95%		7.99%		6.47%		6.77%		6.68%
Rate of compensation increase		4.00%		4.00%		3.98%		3.58%		3.68%		3.59%

Plan Assets:

The fair value of pension plan assets at December 31, 2012 was determined using the following fair value measurements:


Asset Category	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(in millions)

Cash	$	210	$	210	$	–	$	–
U.S. equity securities		186		185		1		–
Non-U.S. equity securities		932		932		–		–
Pooled funds-equity securities		1,673		590		1,083		–

Total cash and equity securities		3,001		1,917		1,084		–

Government bonds		1,440		209		1,231		–
Pooled funds-fixed-income securities		963		285		668		10
Corporate bonds and other fixed-income securities		1,969		210		965		794

Total fixed-income securities		4,372		704		2,864		804

Real estate		342		97		6		239
Other		490		–		17		473

Total	$	8,205	$	2,718	$	3,971	$	1,516

The fair value of pension plan assets at December 31, 2011 was determined using the following fair value measurements:


Asset Category	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(in millions)

Cash	$	119	$	119	$	–	$	–
U.S. equity securities		272		266		6		–
Non-U.S. equity securities		1,666		1,664		2		–
Pooled funds-equity securities		4,755		485		4,270		–

Total cash and equity securities		6,812		2,534		4,278		–

Government bonds		1,170		571		599		–
Pooled funds-fixed-income securities		1,515		230		1,278		7
Corporate bonds and other fixed-income securities		3,019		100		2,161		758

Total fixed-income securities		5,704		901		4,038		765

Real estate		351		91		5		255
Other		410		–		19		391

Total	$	13,277	$	3,526	$	8,340	$	1,411

We excluded plan assets of $79 million at December 31, 2012 and $152 million at December 31, 2011 from the above tables related to certain insurance contracts as they are reported at contract value, in accordance with authoritative guidance.

Fair value measurements:

•

Level 1 – includes primarily U.S and non-U.S. equity securities and government bonds valued using quoted prices in active markets.

•

Level 2 – includes primarily pooled funds, including assets in real estate pooled funds, valued using net asset values of participation units held in common collective trusts, as reported by the managers of the trusts and as supported by the unit prices of actual purchase and sale transactions. Level 2 plan assets also include corporate bonds and other fixed-income securities, valued using independent observable market inputs, such as matrix pricing, yield curves and indices.

•

Level 3 – includes investments valued using unobservable inputs that reflect the plans’ assumptions that market participants would use in pricing the assets, based on the best information available.

•

Fair value estimates for pooled funds are calculated by the investment advisor when reliable quotations or pricing services are not readily available for certain underlying securities. The estimated value is based on either cost, or last sale price for most of the securities valued in this fashion.

•

Fair value estimates for limited partnership and private equity investments are calculated by the general partners using the market approach to estimate the fair value of private investments. The market approach utilizes prices and other relevant information generated by market transactions, type of security, degree of liquidity, restrictions on the disposition, latest round of financing data, company financial statements, relevant valuation multiples and discounted cash flow analyses.

•

Fair value estimates for real estate investments are calculated by the investment managers using the present value of future cash flows expected to be received from the investments, based on valuation methodologies such as appraisals, local market conditions, and current and projected operating performance.

•

Fair value estimates for investments in hedge fund-of-funds are calculated by the investment managers using the net asset value per share of the investment as reported by the money managers of the underlying funds.

•

Fair value estimates for insurance contracts are calculated based on the future stream of benefit payments discounted using prevailing interest rates based on the valuation date.

Changes in our Level 3 assets, which are recorded in other comprehensive earnings / (losses), for the year ended December 31, 2012 included:


Asset Category	January 1, 2012 Balance		Net Realized and Unrealized Gains/(Losses)		Net Purchases, Issuances and Settlements			Net Transfers Into/(Out of) Level 3			Currency Impact		December 31, 2012 Balance
	(in millions)
Pooled funds- fixed-income securities	$	7	$	–	$	–		$	3		$	–	$	10
Corporate bond and other fixed-income securities		758		61		(52	)		(3	)		30		794
Real Estate		255		9		149			(181	)		7		239
Other		391		76		(10	)		(1	)		17		473

Total Level 3 investments	$	1,411	$	146	$	87		$	(182	)	$	54	$	1,516

The increases in Level 3 pension plan investments during 2012 were due to the net realized gains recorded on the investments, partially offset by net transfers out, primarily related to assets divested with the Spin-Off of Kraft Foods Group.

Changes in our Level 3 plan assets, which are recorded in other comprehensive earnings / (losses), for the year ended December 31, 2011 included:


Asset Category	January 1, 2011 Balance		Net Realized and Unrealized Gains/(Losses)			Net Purchases, Issuances and Settlements			Net Transfers Into/(Out of) Level 3		Currency Impact			December 31, 2011 Balance
	(in millions)
Pooled funds- fixed-income securities	$	–	$	–		$	–		$	8	$	(1	)	$	7
Corporate bond and other fixed-income securities		751		105			(95	)		1		(4	)		758
Real Estate		250		(15	)		19			–		1			255
Other		376		10			7			–		(2	)		391

Total Level 3 investments	$	1,377	$	100		$	(69	)	$	9	$	(6	)	$	1,411

The increases in Level 3 pension plan investments during 2011 were primarily due to net realized and unrealized gains, partially offset by net purchases, issuances and settlements.

The percentage of fair value of pension plan assets at December 31, 2012 and 2011 was:


	U.S. Plans				Non-U.S. Plans
Asset Category	2012		2011		2012		2011

Equity securities		57%		66%		31%		38%
Fixed-income securities		40%		33%		49%		51%
Real estate		3%		1%		4%		4%
Other		–		–		16%		7%

Total		100%		100%		100%		100%

Our investment strategy is based on our expectation that equity securities will outperform fixed-income securities over the long term. We attempt to maintain our target asset allocation by rebalancing between asset classes as we make contributions and monthly benefit payments. Due to the nature and timing of our expected pension liabilities, approximately 60% of our U.S. plan assets are in equity securities and approximately 40% are in fixed-income securities. The strategy uses indexed U.S. equity securities, actively managed and indexed international equity securities and actively managed U.S. investment grade fixed-income securities (which constitute 95% or more of fixed-income securities) with lesser allocations to high yield fixed-income securities.

For the plans outside the U.S., the investment strategy is subject to local regulations and the asset / liability profiles of the plans in each individual country. These specific circumstances result in a level of equity exposure that is typically less than the U.S. plans. In aggregate, the asset allocation targets of our non-U.S. plans are broadly characterized as a mix of approximately 40% equity securities, approximately 50% fixed-income securities and approximately 10% real estate / other. The other asset balance of our non-U.S. plans at December 31, 2012 primarily related to $262 million in hedge funds and $211 million in private equity investments.

Employer Contributions:

In 2012, we contributed $349 million to our U.S. pension plans (including $202 million related to Kraft Foods Group U.S. pension plans) and $329 million to our non-U.S. pension plans (including $42 million related to Kraft Foods Group non-U.S. pension plans). In addition, employees contributed $24 million to our non-U.S. plans. Of our 2012 pension contributions, $315 million was voluntary (including $185 million related to Kraft Foods Group pension plans). We make contributions to our U.S. and non-U.S. pension plans, primarily, to the extent that they are tax deductible and do not generate an excise tax liability.

In 2013, we estimate that our pension contributions will be $8 million to our U.S. plans and $309 million to our non-U.S. plans based on current tax laws. We are currently only required to make a nominal cash contribution to our U.S. qualified pension plans under the Pension Protection Act of 2006. Of the total 2013 pension contributions, none is expected to be voluntary. Our actual contributions may be different due to many factors, including changes in tax and other benefit laws; significant differences between expected and actual pension asset performance or interest rates; or other factors.

Future Benefit Payments:

The estimated future benefit payments from our pension plans at December 31, 2012 were (in millions):


	2013		2014		2015		2016		2017		2018-2022
U.S. Plans	$	62	$	66	$	68	$	80	$	92	$	578
Non-U.S. Plans		396		402		412		419		434		2,313

Multiemployer Pension Plans:

We made contributions to multiemployer pension plans of $30 million in 2012, $32 million in 2011 and $30 million in 2010. These plans provide pension benefits to retirees under certain collective bargaining agreements. The following is the only individually significant multiemployer plan we participate in as of December 31, 2012:

Pension Fund

EIN / Pension
Plan Number

Pension
Protection Act
Zone Status

FIP / RP
Status Pending /
Implemented

Surcharge
Imposed

Expiration Date
of Collective-
Bargaining
Agreement

Bakery and Confectionery

Union and Industry International Pension Fund

526118572

Red

Implemented

Yes

2/29/2016

Our contributions exceeded 5% of total contributions to the Bakery and Confectionery Union and Industry International Pension Fund (“Fund”) for fiscal years 2012, 2011 and 2010. Our contributions to the Fund were $25 million in 2012, $24 million in 2011 and $24 million in 2010. We expect contributions to the Fund to be approximately $27 million for each of the next five years. On January 11, 2012, Hostess Brands, a significant contributor to the Fund, announced that it had filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code and on November 21, 2012, Hostess received court approval to dissolve the company. The full effect of Hostess’ bankruptcy reorganization on the Fund is not known. Once the bankruptcy proceedings are concluded, our costs or withdrawal liability to the Fund might increase. The Fund’s actuarial valuation has been completed and the zone status changed to “Red” for 2012. As a result of this certification, we are being charged a 10% surcharge on our contribution rates. Our expected future contributions include the surcharge. The Fund adopted a rehabilitation plan on November 7, 2012 that requires contribution increases and reduction to benefit provisions.

Our contributions to other multiemployer pension plans that were not individually significant were $5 million in 2012, $8 million in 2011 and $6 million in 2010. These contributions include contributions related to Kraft Foods Group employees who participated in our multiemployer pension plans through October 1, 2012 of $2 million in 2012, $5 million 2011 and $3 million in 2010.

Other Costs:

We sponsor and contribute to employee savings plans. These plans cover eligible salaried, non-union and union employees. Our contributions and costs are determined by the matching of employee contributions, as defined by the plans. Amounts charged to expense in continuing operations for defined contribution plans totaled $74 million in 2012, $62 million in 2011 and $56 million in 2010.

Postretirement Benefit Plans

On October 1, 2012, in connection with the divestiture of Kraft Foods Group, we reduced our benefit obligation by $3,561 million, long-term deferred tax assets by $1,382 million and accumulated other comprehensive losses by $877 million.

Obligations:

Our postretirement health care plans are not funded. The changes in and the amount of the accrued benefit obligation at December 31, 2012 and 2011 were:


	2012			2011
	(in millions)

Accrued benefit obligation at January 1	$	3,453		$	3,263
Service cost		35			36
Interest cost		121			165
Benefits paid		(142	)		(221	)
Plan amendments		(51	)		(5	)
Currency		8			(3	)
Assumption changes		519			254
Actuarial (gains) / losses		47			(36	)
Impact of Spin-Off		(3,561	)		–
Other		29			–

Accrued benefit obligation at December 31	$	458		$	3,453

The current portion of our accrued postretirement benefit obligation of $8 million at December 31, 2012 and $215 million at December 31, 2011 was included in other accrued liabilities.

We used the following weighted-average assumptions to determine our postretirement benefit obligations at December 31:


	U.S. Plans				Non-U.S. Plans
	2012		2011		2012		2011
Discount rate		4.20%		4.70%		4.08%		4.29%
Health care cost trend rate assumed for next year		7.50%		7.00%		7.68%		7.42%
Ultimate trend rate		5.00%		5.00%		5.58%		5.53%
Year that the rate reaches the ultimate trend rate		2018		2016		2018		2016

Year-end discount rates for our U.S. and Canadian plans were developed from a model portfolio of high quality, fixed-income debt instruments with durations that match the expected future cash flows of the benefit obligations. Year-end discount rates for our non-U.S. plans (other than Canadian plans) were developed from local bond indices that match local benefit obligations as closely as possible. Changes in our discount rates were primarily the result of changes in bond yields year-over-year. Our expected health care cost trend rate is based on historical costs.

Assumed health care cost trend rates have a significant impact on the amounts reported for the health care plans. A one-percentage-point change in assumed health care cost trend rates would have the following effects as of December 31, 2012:


	One-Percentage-Point
	Increase		Decrease

Effect on total of service and interest cost		13.8%		(11.2%	)
Effect on postretirement benefit obligation		16.8%		(13.4%	)

Components of Net Postretirement Health Care Costs:

Net postretirement health care costs consisted of the following for the years ended December 31, 2012, 2011 and 2010:


	2012			2011			2010
	(in millions)

Service cost	$	35		$	36		$	39
Interest cost		121			165			172
Amortization:
Net loss from experience differences		65			60			55
Prior service credit		(31	)		(32	)		(32	)
Other ⁽¹⁾		29			–			–
Net postretirement health care costs related to discontinued operations		(135	)		(163	)		(168	)

Net postretirement health care costs included within continuing operations	$	84		$	66		$	66

(1)

In 2012, we recorded a $23 million unfunded U.S. postretirement plan obligation related to long-term disability benefits.

As of December 31, 2012, we expected to amortize from accumulated other comprehensive earnings / (losses) into pre-tax net postretirement health care costs during 2013:

•

an estimated $12 million of net loss from experience differences; and

•

an estimated $11 million of prior service credit.

We used the following weighted-average assumptions to determine our net postretirement cost for the years ended December 31:


	U.S. Plans						Non-U.S. Plans
	2012		2011		2010		2012		2011		2010

Discount rate		4.47%		5.30%		5.70%		4.14%		5.02%		5.28%
Health care cost trend rate		7.00%		7.50%		7.00%		7.42%		8.83%		8.79%

Future Benefit Payments:

Our estimated future benefit payments for our postretirement health care plans at December 31, 2012 were:


	2013		2014		2015		2016		2017		2018-2022
U.S. Plans	$	3	$	5	$	6	$	8	$	9	$	73
Non-U.S. Plans		5		5		5		6		6		33

Other Costs:

We made contributions to multiemployer medical plans totaling $31 million in 2012, $36 million in 2011 and $35 million in 2010. The contributions include contributions related to Kraft Foods Group employees who participated in our multiemployer medical plans through October 1, 2012 of $13 million in 2012, $20 million in 2011 and $18 million in 2010. These plans provide medical benefits to active employees and retirees under certain collective bargaining agreements.

Postemployment Benefit Plans

On October 1, 2012, in connection with the divestiture of Kraft Foods Group, we reduced our benefit obligation by $63 million, long-term deferred tax assets by $37 million and accumulated other comprehensive losses by $16 million.

Obligations:

Our postemployment plans are primarily not funded. The changes in and the amount of the accrued benefit obligation at December 31, 2012 and 2011 were:


	2012			2011
	(in millions)

Accrued benefit obligation at January 1	$	166		$	140
Service cost		12			11
Interest cost		8			9
Benefits paid		(44	)		(40	)
Assumption changes		7			4
Actuarial losses / (gains)		14			13
Impact of Spin-Off		(63	)		–
Other		–			29

Accrued benefit obligation at December 31	$	100		$	166

In 2011, we recorded a Canadian postemployment plan, which was partially funded, with a net liability balance of approximately $29 million.

The accrued benefit obligation was determined using a weighted-average discount rate of 4.0% in 2012 and 5.2% in 2011, an assumed ultimate annual turnover rate of 0.5% in 2012 and 2011, assumed compensation cost increases of 4.0% in 2012 and 2011, and assumed benefits as defined in the respective plans.

Postemployment costs arising from actions that offer employees benefits in excess of those specified in the respective plans are charged to expense when incurred.

Components of Net Postemployment Costs:

Net postemployment costs consisted of the following for the years ended December 31, 2012, 2011 and 2010:


	2012			2011			2010
	(in millions)

Service cost	$	12		$	11		$	9
Interest cost		8			9			10
Amortization of net (gains) / losses		(3	)		(2	)		(2	)
Other		3			33			—
Net postemployment costs related to discontinued operations		(5	)		(2	)		(4	)

Net postemployment costs included in continuing operations	$	15		$	49		$	13

Other postemployment costs in 2011 primarily relate to the establishment of the partially funded Canadian postemployment plan.

As of December 31, 2012, the estimated net gain for the postemployment benefit plans that we expected to amortize from accumulated other comprehensive earnings / (losses) into net postemployment costs during 2013 was insignificant.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5, 6, 7, 8

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Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 158

-Paragraph 7, 21, 22

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-Publisher FASB

-Name Implementation Guide (Q and A)

-Number FAS88

-Paragraph 63

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+ Details

Stock Plans

12 Months Ended

Dec. 31, 2012

Stock Plans

Note 11. Stock Plans

We align our annual and long-term incentive compensation programs with shareholder returns. Under our Amended and Restated 2005 Performance Incentive Plan (the “2005 Plan”), we may grant to eligible employees awards of stock options, stock appreciation rights, restricted stock, restricted and deferred stock units, and other awards based on our Common Stock, as well as performance-based annual and long-term incentive awards. We are authorized to issue a maximum of 168.0 million shares of our Common Stock under the 2005 Plan. In addition, under our Amended and Restated 2006 Stock Compensation Plan for Non-Employee Directors (the “2006 Directors Plan”), we may grant up to 1.0 million shares of our Common Stock to members of the Board of Directors who are not our full-time employees. At December 31, 2012, there were 41.3 million shares available to be granted under the 2005 Plan and 0.7 million shares available to be granted under the 2006 Directors Plan.

In connection with the Spin-Off and divestiture of Kraft Foods Group, under the provisions of our existing plans, employee stock option and restricted and deferred stock awards were adjusted to preserve the fair value of the awards immediately before and after the Spin-Off. As such, we did not record any incremental compensation expense related to the conversion of the awards. The restricted and deferred stock continues to vest over the original vesting period, which is generally three years from the grant date.

The stock awards held as of October 1, 2012 were modified as follows:

•

Stock options: Holders of Kraft Foods Inc. stock option awards received stock options to purchase the same number of shares of our Common Stock at an adjusted exercise price and one new Kraft Foods Group stock option for every three of our stock options held to preserve the fair value of the overall awards granted.

•

Restricted and deferred stock: Holders of Kraft Foods Inc. restricted and deferred stock awards received one share of Kraft Foods Group restricted or deferred shares for every three of our restricted or deferred shares they held as of the Record Date.

•

Long-term incentive plan: Kraft Foods Inc. awards held by Kraft Foods Group employees were converted to Kraft Foods Group awards. Awards held by our employees were retained with the underlying performance conditions consistent with our original performance targets and only adjusted to reflect our standalone business.

The net cash settlement for the awards Kraft Foods Group and our employees received was determined as follows:

•

Stock options: To the extent that our employees received Kraft Foods Group stock options, we plan to reimburse Kraft Foods Group in cash for the fair value of the stock options received. To the extent that Kraft Foods Group employees held our stock options, Kraft Foods Group plans to reimburse us in cash for the fair value of the stock options.

•

Restricted and deferred stock: To the extent that our employees received Kraft Foods Group restricted and deferred stock, we plan to reimburse Kraft Foods Group for the fair value of the shares received less the value of projected forfeitures. To the extent that Kraft Foods Group employees held restricted and deferred stock, Kraft Foods Group plans to reimburse us in cash for the fair value of the restricted and deferred stock less the value of projected forfeitures.

The cash settlements resulted in our recording a receivable of $55 million due from Kraft Foods Group as of December 31, 2012. Payment is subject to the completion of final reviews and other administrative procedures.

Stock Options:

Stock options are granted at an exercise price equal to the market value of the underlying stock on the grant date, generally become exercisable in three annual installments beginning on the first anniversary of the grant date and have a maximum term of ten years.

We account for our employee stock options under the fair value method of accounting using a modified Black-Scholes methodology to measure stock option expense at the date of grant. The fair value of the stock options at the date of grant is amortized to expense over the vesting period. We recorded compensation expense related to stock options held by our employees of $39 million in 2012, $35 million in 2011 and $33 million in 2010 in our results from continuing operations. The deferred tax benefit recorded related to this compensation expense was $11 million in 2012, $10 million in 2011 and $10 million in 2010. The unamortized compensation expense related to our employee stock options was $43 million at December 31, 2012 and is expected to be recognized over a weighted-average period of 2 years.

Our weighted-average Black-Scholes fair value assumptions were:


	Risk-Free Interest Rate		Expected Life		Expected Volatility		Expected Dividend Yield		Fair Value at Grant Date

2012		1.16%		6 years		20.13%		3.08%	$	4.78
2011		2.34%		6 years		18.92%		3.72%	$	3.84
2010		2.82%		6 years		19.86%		4.14%	$	3.69

The risk-free interest rate represents the constant maturity U.S. government treasuries rate with a remaining term equal to the expected life of the options. The expected life is the period over which our employees are expected to hold their options. Volatility reflects historical movements in our stock price for a period commensurate with the expected life of the options. The 2012 Dividend yield reflects the dividend yield in place at the time of the historical grants and will reflect a lower dividend yield for Mondelēz International for grants made following the Spin-Off of Kraft Foods Group.

Stock option activity for the year ended December 31, 2012 is reflected below. As a result of the Spin-Off, there was no impact on the number of common shares underlying our stock options. For stock options granted prior to the Spin-Off, the weighted-average exercise prices in the table below reflect the historical exercise prices. An adjustment was made as of October 1, 2012 to convert the exercise prices on the exercisable stock options outstanding due to the Spin-Off.


	Shares Subject to Option			Weighted- Average Exercise Price		Average Remaining Contractual Term		Aggregate Intrinsic Value

Balance at January 1, 2012		49,598,867		$	28.87
Options granted		13,512,839			37.97
Options exercised		(8,168,062	)		26.39
Options cancelled		(2,440,601	)		30.20
Adjustment due to the Spin-Off ⁽¹⁾		249,996			19.59

Balance at December 31, 2012		52,753,039			20.45		7 years		$264 million

Exercisable at December 31, 2012		25,239,082			18.32		6 years		$180 million

(1)

Due to restrictions stemming from local laws, taxes or other regulatory matters, certain employees who previously held stock options may no longer hold stock options from Kraft Foods Group. As such, their stock option awards were converted into an equivalent amount of additional Mondelēz International stock options in order to preserve the fair value of the overall stock option awards granted.

In February 2012, as part of our annual equity program, we granted 12.8 million stock options to eligible employees at an exercise price of $38.00 on the grant date. During 2012, we issued 0.7 million of additional stock options with a weighted-average exercise price of $37.60 per share. In the aggregate, we granted 13.5 million stock options during 2012 at a weighted-average exercise price of $37.97.

In February 2011, as part of our annual equity program, we granted 15.8 million stock options to eligible employees at an exercise price of $31.83 on the grant date. During 2011, we issued 0.5 million of additional stock options with a weighted-average exercise price of $31.22 per share. In the aggregate, we granted 16.3 million stock options during 2011 at a weighted-average exercise price of $31.81.

In February 2010, as part of our annual equity program, we granted 15.0 million stock options to eligible employees at an exercise price of $29.15 on the grant date. During 2010, we issued 3.1 million additional stock options with a weighted-average exercise price of $29.73 per share. In the aggregate, we granted 18.1 million stock options during 2010 at a weighted-average exercise price of $29.24, including options issued to Cadbury employees under our annual equity program.

The total intrinsic value of options exercised was $93 million in 2012, $98 million in 2011 and $92 million in 2010. Cash received from options exercised was $205 million in 2012, $486 million in 2011 and $134 million in 2010. The actual tax benefit realized for the tax deductions from the option exercises totaled $21 million in 2012, $40 million in 2011 and $60 million in 2010.

Restricted and Deferred Stock:

We may grant shares of restricted or deferred stock to eligible employees, giving them, in most instances, all of the rights of shareholders, except that they may not sell, assign, pledge or otherwise encumber the shares. Shares of restricted and deferred stock are subject to forfeiture if certain employment conditions are not met. Restricted and deferred shares generally vest on the third anniversary of the grant date.

Shares granted in connection with our long-term incentive plan vest based on varying performance, market and service conditions. The unvested shares have no voting rights and do not pay dividends.

The fair value of the restricted and deferred shares at the date of grant is amortized to earnings over the restriction period. We recorded compensation expense related to restricted and deferred stock of $90 million in 2012, $95 million in 2011 and $93 million in 2010 in our results from continuing operations. The deferred tax benefit recorded related to this compensation expense was $27 million in 2012, $28 million in 2011 and $28 million in 2010. The unamortized compensation expense related to our restricted and deferred stock was $115 million at December 31, 2012 and is expected to be recognized over a weighted-average period of 2 years.

Our restricted and deferred stock activity for the year ended December 31, 2012 is reflected below. As a result of the Spin-Off, there was no impact on the number of shares granted. The grant price information for restricted and deferred stock awarded prior to the Record Date reflects historical market prices which were not adjusted to reflect the Spin-Off.


	Number of Shares			Weighted- Average Grant Date Fair Value Per Share

Balance at January 1, 2012		13,617,173		$	28.43
Granted		4,962,551			35.25
Vested		(5,007,098	)		24.80
Forfeited		(1,275,617	)		29.22
Adjustment due to the Spin-Off ⁽¹⁾		518,902			19.72

Balance at December 31, 2012		12,815,911			21.55

(1)

Due to restrictions stemming from local laws, taxes or other regulatory matters, certain employees who previously held restricted or deferred shares may no longer hold the stock awards from Kraft Foods Group. As such, their stock awards were converted into an equivalent amount of additional Mondelēz International stock awards in order to preserve the fair value of the overall stock award that was granted.

In January 2012, we granted 1.3 million shares of stock in connection with our long-term incentive plan, and the market value per share was $37.63 on the date of grant. In February 2012, as part of our annual equity program, we issued 2.2 million shares of restricted and deferred stock to eligible employees, and the market value per restricted or deferred share was $38.00 on the date of grant. During 2012, we issued 1.5 million of additional restricted and deferred shares with a weighted-average market value per share of $29.18, primarily in connection with our 2009 long-term incentive plan performance based awards and a special equity award for our CEO. In aggregate, we issued 5.0 million restricted and deferred shares during 2012, including those issued as part of our long-term incentive plan, with a weighted-average market value per share of $35.25.

In January 2011, we granted 1.5 million shares of stock in connection with our long-term incentive plan, and the market value per share was $31.62 on the date of grant. In February 2011, as part of our annual equity program, we issued 2.6 million shares of restricted and deferred stock to eligible employees, and the market value per restricted or deferred share was $31.83 on the date of grant. During 2011, we issued 1.0 million of additional restricted and deferred shares with a weighted-average market value per share of $33.02. In aggregate, we issued 5.1 million restricted and deferred shares during 2011, including those issued as part of our long-term incentive plan, with a weighted-average market value per share of $31.97.

In January 2010, we granted 1.7 million shares of stock in connection with our long-term incentive plan, and the market value per share was $27.33 on the date of grant. In February 2010, as part of our annual equity program, we issued 2.5 million shares of restricted and deferred stock to eligible employees, and the market value per restricted or deferred share was $29.15 on the date of grant. During 2010, we issued 1.6 million of additional restricted and deferred shares with a weighted-average market value per share of $29.40, including shares issued to Cadbury employees under our annual equity program. In aggregate, we issued 5.8 million restricted and deferred shares during 2010, including those issued as part of our long-term incentive plan, with a weighted-average market value per share of $28.82.

The weighted-average grant date fair value of restricted and deferred stock granted was $175 million, or $35.25 per restricted or deferred share, in 2012; $162 million, or $31.97 per restricted or deferred share, in 2011; $167 million, or $28.82 per restricted or deferred share, in 2010. The vesting date fair value of restricted and deferred stock was $189 million in 2012, $135 million in 2011 and $117 million in 2010.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies

Note 12. Commitments and Contingencies

Legal Proceedings:

We routinely are involved in legal proceedings, claims, and governmental inspections or investigations (“Legal Matters”) arising in the ordinary course of our business.

Competition authorities in certain Member States of the European Union have ongoing investigations into possible anticompetitive activity in the fast moving consumer goods (“FMCG”) sector, which includes products such as chocolate and coffee. On January 31, 2012, the German Federal Cartel Office (“FCO”) issued a press release stating that it had discontinued proceedings against our wholly owned subsidiary, Kraft Foods Deutschland GmbH (“KFD”), based on a settlement agreed between KFD and the FCO following the FCO’s finding of an exchange of competitively sensitive information. The FCO also imposed fines against a former KFD employee, as well as several other producers of confectionery. Due to KFD’s cooperation with the FCO in the matter, the fine to resolve the matter against KFD was reduced to €21.7 million.

A compliant and ethical corporate culture, which includes adhering to laws and industry regulations in all jurisdictions in which we do business, is integral to our success. Accordingly, after we acquired Cadbury in February 2010 we began reviewing and adjusting, as needed, Cadbury’s operations in light of U.S. and international standards as well as Kraft Foods’ policies and practices. We initially focused on such high priority areas as food safety, the Foreign Corrupt Practices Act (“FCPA”) and antitrust. Based upon Cadbury’s pre-acquisition policies and compliance programs and our post-acquisition reviews, our preliminary findings indicated that Cadbury’s overall state of compliance was sound. Nonetheless, through our reviews, we determined that in certain jurisdictions, including India, there appeared to be facts and circumstances warranting further investigation. We are continuing our investigations in certain jurisdictions, including in India, and we continue to cooperate with governmental authorities.

As we previously disclosed, on February 1, 2011, we received a subpoena from the SEC in connection with an investigation under the FCPA, primarily related to a facility in India that we acquired in the Cadbury acquisition. The subpoena primarily requests information regarding dealings with Indian governmental agencies and officials to obtain approvals related to the operation of that facility. We are cooperating with the U.S. and Indian governments in their investigations of these matters.

As we previously disclosed, on March 1, 2011, the Starbucks Coffee Company (“Starbucks”) took control of the Starbucks packaged coffee business (“Starbucks CPG business”) in grocery stores and other channels. Starbucks did so without our authorization and in what we contend is a violation and breach of our license and supply agreement with Starbucks related to the Starbucks CPG business. The dispute is in arbitration in Chicago, Illinois. We are seeking appropriate remedies, including payment of the fair market value of the supply and license agreement, plus the premium this agreement specifies, prejudgment interest under New York law and attorney’s fees. Starbucks has counterclaimed for damages. Testimony and post-hearing briefing in the arbitration proceeding are completed. We await the arbitrator’s decision. Kraft Foods Group remains the named party in the proceeding. Under the Separation and Distribution Agreement between Kraft Foods Group and us, Kraft Foods Group will direct any recovery awarded in the arbitration proceeding to us. We will reimburse Kraft Foods Group for any costs and expenses it incurs in connection with the arbitration.

While we cannot predict with certainty the results of these or any other Legal Matters in which we are currently involved, we do not expect that the ultimate costs to resolve any of these Legal Matters, individually or in the aggregate, will have a material effect on our financial results.

Third-Party Guarantees:

We enter into third-party guarantees primarily to cover the long-term obligations of our vendors. As part of these transactions, we guarantee that third parties will make contractual payments or achieve performance measures. At December 31, 2012, we had no material third-party guarantees recorded on our consolidated balance sheet.

As of December 31, 2012, we and three of our indirect wholly owned subsidiaries are joint and several guarantors of $1.0 billion of indebtedness issued by an unrelated third party, Cadbury Schweppes US Finance LLC, and maturing on October 1, 2013. Following the Spin-Off, one of the guarantors of this indebtedness became an indirect wholly owned subsidiary of Kraft Foods Group. We have agreed to indemnify Kraft Foods Group pursuant to a separation and distribution agreement, in the event its subsidiary is called upon to satisfy its obligation under the guarantee.

Leases:

Rental expenses recorded in continuing operations were $341 million in 2012, $283 million in 2011 and $330 million in 2010. As of December 31, 2012, minimum rental commitments under non-cancelable operating leases in effect at year-end were (in millions):


2013		2014		2015		2016		2017		Thereafter		Total
$	330	$	228	$	178	$	152	$	125	$	131	$	1,144

- Definition

The entire disclosure for commitments and contingencies.

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+ Details

Capital Stock

12 Months Ended

Dec. 31, 2012

Capital Stock

Note 13. Capital Stock

On October 1, 2012, we spun off Kraft Foods Group which became an independent, publicly traded company. To effect the Spin-Off, our shareholders of record as of September 19, 2012 received one share of Kraft Foods Group for every three shares of Mondelēz International. The Spin-Off had no effect on the number of shares of Mondelēz International common stock in treasury or outstanding. As further described in Note 2, Divestitures and Acquisitions, book value per common share outstanding decreased as we distributed $4.4 billion of net assets related to the divestiture of Kraft Foods Group to our shareholders.

Our amended and restated articles of incorporation authorize 5.0 billion shares of Class A common stock and 500 million shares of preferred stock. There were no preferred shares issued and outstanding at December 31, 2012, 2011 and 2010. Shares of Class A common stock issued, in treasury and outstanding were:


	Shares Issued		Treasury Shares			Shares Outstanding

Balance at January 1, 2010		1,735,000,000		(257,115,097	)		1,477,884,903
Shares issued		261,537,778		–			261,537,778
Exercise of stock options and issuance of other stock awards		–		8,643,868			8,643,868

Balance at December 31, 2010		1,996,537,778		(248,471,229	)		1,748,066,549

Exercise of stock options and issuance of other stock awards		–		19,830,140			19,830,140

Balance at December 31, 2011		1,996,537,778		(228,641,089	)		1,767,896,689

Exercise of stock options and issuance of other stock awards		–		10,099,153			10,099,153

Balance at December 31, 2012		1,996,537,778		(218,541,936	)		1,777,995,842

In 2010, we issued 261.5 million shares of our Class A common stock as part of the Cadbury acquisition. The issued stock had a total fair value of $7,457 million based on the average of the high and low market prices on the dates of issuance. See Note 2, Divestitures and Acquisitions, for additional information.

Stock plan awards to employees and non-employee directors are issued from treasury shares. At December 31, 2012, 103.1 million shares of Class A common stock held in treasury were reserved for stock options and other stock awards. We have no specific policy to repurchase our common stock to mitigate the dilutive impact of options; however, we have historically made adequate discretionary purchases, based on cash availability, market trends and other factors, to satisfy stock option exercise activity.

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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+ Details

Income Taxes

12 Months Ended

Dec. 31, 2012

Income Taxes

Note 14. Income Taxes

Earnings / (losses) from continuing operations before income taxes and the provision for income taxes consisted of the following for the years ended December 31, 2012, 2011 and 2010:


	2012			2011			2010
	(in millions)

Earnings / (losses) from continuing operations before income taxes:
United States	$	(1,822	)	$	(1,308	)	$	(1,435	)
Outside United States		3,596			3,188			2,161

Total	$	1,774		$	1,880		$	726

Provision for income taxes:
United States federal:
Current	$	(421	)	$	(404	)	$	(853	)
Deferred		(37	)		10			410

		(458	)		(394	)		(443	)
State and local:
Current		(16	)		(38	)		(137	)
Deferred		(20	)		45			129

		(36	)		7			(8	)

Total United States		(494	)		(387	)		(451	)

Outside United States:
Current		893			1,008			642
Deferred		(192	)		(478	)		(137	)

Total outside United States		701			530			505

Total provision for income taxes	$	207		$	143		$	54

The changes in our unrecognized tax benefits for the years ended December 31, 2012, 2011 and 2010 were:


	2012			2011			2010
	(in millions)

January 1	$	1,538		$	1,281		$	829
Increases from positions taken during prior periods		110			222			49
Decreases from positions taken during prior periods		(198	)		(147	)		(146	)
Increases from positions taken during the current period		266			253			229
Increases from acquisition adjustments		–			–			357
Decreases relating to settlements with taxing authorities		(250	)		(17	)		(19	)
Reductions resulting from the lapse of the applicable statute of limitations		(20	)		(14	)		(10	)
Impact of Spin-Off		(261	)		–			–
Currency / other		(2	)		(40	)		(8	)

December 31	$	1,183		$	1,538		$	1,281

Under the Tax Sharing and Indemnity Agreements between us and Kraft Foods Group, Kraft Foods Group generally assumes liability for all U.S. state income taxes and Canadian federal and provincial income taxes and we generally assume responsibility for all U.S. federal income taxes and substantially all foreign income taxes, excluding Canadian income taxes for all tax periods prior to the Spin-Off. In addition, we transferred to Kraft Foods Group all of its deferred tax assets and liabilities as of the Distribution Date. See Note 2, Divestitures and Acquisitions.

As of January 1, 2012, our unrecognized tax benefits were $1,538 million. If we had recognized all of these benefits, the net impact on our income tax provision would have been $1,317 million. Our unrecognized tax benefits were $1,183 million at December 31, 2012, and if we had recognized all of these benefits, the net impact on our income tax provision would have been $1,105 million. Within the next 12 months, our unrecognized tax benefits could increase by approximately $40 million due to unfavorable audit developments or decrease by $60-80 million due to audit settlements and the expiration of statutes of limitations in various jurisdictions. We include accrued interest and penalties related to uncertain tax positions in our tax provision. We accrued interest and penalties of $286 million as of January 1, 2012 and $203 million as of December 31, 2012. Our 2012 provision for income taxes included $33 million for interest and penalties and we paid interest and penalties of $61 million during 2012.

We are regularly examined by federal and various state and foreign tax authorities. We are currently under various income tax examinations by the IRS for the years 2006 through 2009. Our income tax filings are also currently under examination by tax authorities in various U.S. state and foreign jurisdictions, however, under the Tax Sharing and Indemnity Agreements between us and Kraft Foods Group, Kraft Foods Group is generally liable for all state income tax filings prior to the spin-off. U.S. state and foreign jurisdictions have statutes of limitations generally ranging from three to five years, however, these statutes are often extended by mutual agreement with the tax authorities. Years still open to examination by foreign tax authorities in major jurisdictions include (earliest open tax year in parentheses): Germany (2005), Brazil (2007), France (2009), United Kingdom (2004), Australia (2008), Russia (2010) and India (2003).

At December 31, 2012, applicable U.S. federal income taxes and foreign withholding taxes had not been provided on approximately $10.8 billion of accumulated earnings of foreign subsidiaries that are expected to be permanently reinvested. It is impractical for us to determine the amount of unrecognized deferred tax liabilities on these permanently reinvested earnings.

The effective income tax rate on pre-tax earnings differed from the U.S. federal statutory rate for the following reasons for the years ended December 31, 2012, 2011 and 2010:


	2012		2011		2010

U.S. federal statutory rate		35.0%		35.0%		35.0%
Increase / (decrease) resulting from:
State and local income taxes, net of federal tax benefit excluding IRS audit impacts		(0.9%)		0.2%		(0.9%)
Foreign rate differences		(20.5%)		(20.8%)		(16.8%)
Federal and state tax impacts related to IRS audit settlements		(0.4%)		0.1%		(8.4%)
Reversal of other tax accruals no longer required		(3.1%)		(4.9%)		(9.6%)
U.S. Health Care Legislation		–		–		7.9%
Tax Legislation		(3.9%)		(3.8%)		(6.3%)
Non-deductible expenses		3.6%		1.9%		8.1%
Other		1.9%		(0.1%)		(1.6%)

Effective tax rate		11.7%		7.6%		7.4%

Our 2012 effective tax rate was favorably impacted by the mix of pre-tax income in various foreign jurisdictions and net tax benefits of $101 million from discrete one-time events, primarily related to the revaluation of U.K. deferred tax assets and liabilities resulting from tax legislation enacted during 2012 that reduced U.K. corporate income tax rates and net favorable tax audit settlements, partially offset by non-deductible expenses.

Our 2011 effective tax rate was favorably impacted by the mix of pre-tax income in various foreign jurisdictions and net tax benefits of $226 million from discrete one-time events, primarily from the revaluation of U.K. deferred tax assets and liabilities resulting from tax legislation enacted in 2011 that reduced U.K. corporate income tax rates, the reversal of valuation allowances on certain foreign deferred tax assets that are now expected to be realized and the net favorable impact from various U.S. federal and foreign tax audit developments during the year.

Our 2010 effective tax rate was favorably impacted by the mix of pre-tax income in various foreign jurisdictions and net tax benefits of $165 million from discrete one-time events, primarily from the favorable resolution of U.S. federal and foreign tax audits and the revaluation of U.K. deferred tax assets and liabilities resulting from tax legislation enacted in 2010 that reduced U.K. corporate income tax rates, partially offset by a write-off of deferred tax assets as a result of the U.S. health care legislation enacted in March 2010.

The tax effects of temporary differences that gave rise to deferred income tax assets and liabilities consisted of the following at December 31, 2012 and 2011:


	2012			2011
	(in millions)

Deferred income tax assets:
Accrued postretirement and postemployment benefits	$	157		$	1,276
Accrued pension costs		678			1,007
Other		2,360			3,124

Total deferred income tax assets		3,195			5,407

Valuation allowance		(429	)		(467	)

Net deferred income tax assets	$	2,766		$	4,940


Deferred income tax liabilities:
Trade names	$	(6,422	)	$	(7,565	)
Property, plant and equipment		(976	)		(2,084	)
Other		(967	)		(1,025	)

Total deferred income tax liabilities		(8,365	)		(10,674	)

Net deferred income tax liabilities	$	(5,599	)	$	(5,734	)

Our significant allowances reside within our operating subsidiaries in Mexico, Ireland, U.K., and U.S.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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-Name Accounting Standards Codification

-Topic 235

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-Paragraph 1

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+ Details

Earnings Per Share

12 Months Ended

Dec. 31, 2012

Earnings Per Share

Note 15. Earnings Per Share

Basic and diluted EPS from continuing and discontinued operations were calculated using the following:


	For the Years Ended December 31,
	2012		2011		2010
	(in millions, except per share data)

Earnings from continuing operations	$	1,567	$	1,737	$	672
Earnings from discontinued operations, net of income taxes		1,488		1,810		3,467

Net earnings		3,055		3,547		4,139
Noncontrolling interest		27		20		25

Net earnings attributable to Mondelēz International	$	3,028	$	3,527	$	4,114

Weighted-average shares for basic EPS		1,777		1,765		1,715
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares		12		7		5

Weighted-average shares for diluted EPS		1,789		1,772		1,720

Basic earnings per share attributable to Mondelēz International:
Continuing operations	$	0.87	$	0.97	$	0.38
Discontinued operations		0.83		1.03		2.02

Net earnings attributable to Mondelēz International	$	1.70	$	2.00	$	2.40

Diluted earnings per share attributable to Mondelēz International:
Continuing operations	$	0.86	$	0.97	$	0.38
Discontinued operations		0.83		1.02		2.01

Net earnings attributable to Mondelēz International	$	1.69	$	1.99	$	2.39

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 7.3 million antidilutive options for the year ended December 31, 2012, 9.2 million antidilutive options for the year ended December 31, 2011 and 28.5 million antidilutive options for the year ended December 31, 2010.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

Segment Reporting

12 Months Ended

Dec. 31, 2012

Segment Reporting

Note 16. Segment Reporting

We manufacture and market primarily snack food and beverage products, including biscuits (cookies, crackers and salted snacks), chocolate, gum & candy, coffee & powdered beverages and various cheese & grocery products. We manage our global business and report operating results through three geographic units: Developing Markets, Europe and North America. In connection with the divestiture of Kraft Foods Group, we divested and no longer report on the following segments within our results from continuing operations: U.S. Beverages, U.S. Cheese, U.S. Convenient Meals and U.S. Grocery. Our remaining businesses within North America are predominantly snacks businesses. Our segment results in this Annual Report on Form 10-K reflect these changes for all periods presented.

Beginning in 2013, our segment structure will change. In December 2012, we announced a reorganization of our business and reporting structure following the Spin-Off. Effective January 1, 2013, our operations, management and segments will be reorganized into five operating segments: Asia Pacific; Eastern Europe, Middle East & Africa (“EEMEA”); Europe; Latin America and North America. Accordingly, we will begin to report on our new segment structure during the first quarter of 2013 and reflect the change for all the historical periods we present.

We use segment operating income to evaluate segment performance and allocate resources. We believe it is appropriate to disclose this measure to help investors analyze segment performance and trends. Segment operating income excludes unrealized gains and losses on hedging activities (which are a component of cost of sales), certain components of our U.S. pension plan cost (which are a component of cost of sales and selling, general and administrative expenses), general corporate expenses (which are a component of selling, general and administrative expenses), amortization of intangibles, gains and losses on divestitures and acquisition-related costs (which are a component of selling, general and administrative expenses) in all periods presented. We exclude the unrealized gains and losses on hedging activities from segment operating income in order to provide better transparency of our segment operating results. Once realized, the gains and losses on hedging activities are recorded within segment operating results. We exclude certain components of our U.S. pension plan cost from segment operating income because we centrally manage pension plan funding decisions and the determination of discount rate, expected rate of return on plan assets and other actuarial assumptions. Therefore, we allocate only the service cost component of our U.S. pension plan expense to segment operating income. Furthermore, we centrally manage interest and other expense, net. Accordingly, we do not present these items by segment because they are excluded from the segment profitability measure that management reviews. We use the same accounting policies for the segments as those described in Note 1, Summary of Significant Accounting Policies.

Our segment net revenues and earnings were:


	For the Years Ended December 31,
	2012			2011			2010
	(in millions)

Net revenues:
Developing Markets	$	15,655		$	15,621		$	13,420
Europe		12,457			13,356			11,628
North America		6,903			6,833			6,441

Net revenues	$	35,015		$	35,810		$	31,489


Earnings from continuing operations before income taxes:
Operating income:
Developing Markets	$	2,067		$	2,003		$	1,533
Europe		1,613			1,406			1,115
North America		873			863			805
Unrealized gains / (losses) on hedging activities		1			(36	)		38
Certain U.S. pension plan costs		(92	)		(76	)		(56	)
General corporate expenses		(714	)		(437	)		(511	)
Amortization of intangibles		(217	)		(225	)		(210	)
Gains on divestitures, net		107			–			–
Acquisition-related costs		(1	)		–			(218	)

Operating income		3,637			3,498			2,496
Interest and other expense, net		(1,863	)		(1,618	)		(1,770	)

Earnings from continuing operations before income taxes	$	1,774		$	1,880		$	726

As a percentage of our net revenues from continuing operations, our five largest customers accounted for 15.6% of our net revenues in 2012 compared with 15.5% in 2011 and 15.1% in 2010. Also, our ten largest customers accounted for 24.1% of our net revenues in 2012 compared with 22.7% in 2011 and 23.2% in 2010. No single customer accounted for 10% or more of our net revenues from continuing operations.

On February 8, 2013, the Venezuelan government announced the devaluation of the official Venezuelan bolivar exchange rate from 4.30 bolivars to 6.30 bolivars to the U.S. dollar and the elimination of the second-tier, government-regulated SITME exchange rate previously applied to value certain types of transactions. The impact of these announced changes resulted in a one-time $30 million unfavorable foreign currency impact which we will record within our Latin America operating segment in the first quarter of 2013. We began accounting for the results of our Venezuelan subsidiaries in U.S. dollars on January 1, 2010, as prescribed under U.S. GAAP for highly inflationary economies. We use the official Venezuelan bolivar exchange rate to translate the results of our Venezuelan operations into U.S. dollars. During 2012 and 2011, we recorded immaterial foreign currency impacts in connection with highly inflationary accounting for Venezuela. In 2010, we recorded $115 million of unfavorable foreign currency impacts including a one-time $34 million charge upon adopting highly inflationary accounting for Venezuela.

In 2012, we divested property of a Developing Markets subsidiary located in Russia for $72 million in net proceeds and recorded a $55 million pre-tax gain within selling, general and administrative expenses.

In 2012, net changes in unrealized gains / (losses) on hedging activities were favorable, primarily related to gains on foreign currency contracts and commodity hedging activity of $1 million. In 2011, net changes in unrealized gains / (losses) on hedging activities were unfavorable, primarily related to losses on foreign currency contracts and commodity hedging activity of $36 million. In 2010, net changes in unrealized gains / (losses) on hedging activities were favorable, primarily related to gains on foreign currency contracts and commodity hedging activity of $38 million.

In connection with our 2012-2014 Restructuring Program, during 2012 we recorded restructuring charges of $102 million in operations, as a part of asset impairment and exit costs and we recorded implementation costs of $8 million in operations, as a part of cost of sales and selling, general and administrative expenses. These charges were recorded primarily within our North America segment.

In 2012, we recorded a $44 million benefit within our Europe segment related to the reversal of reserves carried over from the Cadbury acquisition in 2010 and not required.

We recorded Integration Program charges of $185 million in 2012, $521 million in 2011 and $646 million in 2010. During 2012, we reversed $45 million of Integration Program charges previously accrued in 2010 primarily related to planned and announced position eliminations that did not occur within our Europe segment. We recorded charges in the Integration Program in operations, as a part of selling, general and administrative expenses primarily within our Europe and Developing Markets segments, as well as within general corporate expenses.

The 2012 increase in general corporate expenses was due primarily to $407 million of Spin-Off Costs recorded within general corporate expenses, partially offset by lower Integration Program costs. The 2011 decrease in general corporate expenses was due primarily to lower Integration Program costs in 2011. In 2010, general corporate expenses included $155 million of Integration Program costs, as well as the addition of Cadbury’s corporate charges.

In 2012, we received $200 million in proceeds and recorded pre-tax gains of $107 million primarily related to the divestitures in Germany, Belgium and Italy. In 2011, there were no significant divestitures. In 2010, we divested businesses in Poland and Romania in connection with the acquisition of Cadbury, and reflected the impacts of these divestitures as adjustments within the Cadbury final purchase accounting.

In 2010, we acquired Cadbury and incurred $218 million of acquisition-related costs which was recorded within selling, general and administrative expenses.

The 2012 increase in interest and other expense, net was due primarily to $609 million of Spin-Off Costs recorded within interest expense, partially offset by a 2011 loss of $157 million related to several interest rate swaps that were settled in 2011, as well as lower long-term debt interest expense. The 2011 decrease in interest and other expense, net was due primarily to $251 million of acquisition-related financing fees recorded in 2010, partially offset by the loss of $157 million related to several interest rate swaps that settled in 2011.

Total assets, depreciation expense and capital expenditures by segment were:


	As of December 31,
	2012		2011		2010
	(in millions)

Total assets:
Developing Markets	$	25,608	$	24,559	$	25,738
Europe		25,801		24,525		24,261
North America		22,098		41,862		42,886
Unallocated assets ⁽¹⁾		1,971		2,891		2,404

Total assets	$	75,478	$	93,837	$	95,289

(1)

Unallocated assets consist primarily of cash and cash equivalents, deferred income taxes, centrally held property, plant and equipment, prepaid pension assets and derivative financial instrument balances.


	For the Years Ended December 31,
	2012		2011		2010
	(in millions)

Depreciation expense:
Developing Markets	$	317	$	337	$	320
Europe		326		354		355
North America		224		205		201

Total – continuing operations		867		896		876
Discontinued operations		261		364		353

Total depreciation expense	$	1,128	$	1,260	$	1,229


	For the Years Ended December 31,
	2012		2011		2010
	(in millions)

Capital expenditures:
Developing Markets	$	761	$	713	$	607
Europe		350		378		334
North America		217		279		272

Total – continuing operations		1,328		1,370		1,213
Discontinued operations		282		401		448

Total capital expenditures	$	1,610	$	1,771	$	1,661

Net revenues by consumer sector were:


	For the Year Ended December 31, 2012
	Developing Markets		Europe		North America		Total
	(in millions)

Biscuits	$	3,511	$	2,426	$	5,212	$	11,149
Chocolate		4,502		4,518		336		9,356
Gum & Candy		3,085		973		1,280		5,338
Beverages		2,880		2,962		1		5,843
Cheese & Grocery		1,677		1,578		74		3,329

Total net revenues	$	15,655	$	12,457	$	6,903	$	35,015


	For the Year Ended December 31, 2011
	Developing Markets		Europe		North America		Total
	(in millions)

Biscuits	$	3,359	$	2,598	$	5,031	$	10,988
Chocolate		4,554		4,659		352		9,565
Gum & Candy		3,215		1,126		1,351		5,692
Beverages		2,897		3,158		2		6,057
Cheese & Grocery		1,596		1,815		97		3,508

Total net revenues	$	15,621	$	13,356	$	6,833	$	35,810


	For the Year Ended December 31, 2010
	Developing Markets		Europe		North America		Total
	(in millions)

Biscuits	$	2,796	$	2,323	$	4,711	$	9,830
Chocolate		3,770		4,211		295		8,276
Gum & Candy		2,894		1,023		1,309		5,226
Beverages		2,517		2,511		2		5,030
Cheese & Grocery		1,443		1,560		124		3,127

Total net revenues	$	13,420	$	11,628	$	6,441	$	31,489

Geographic data for net revenues and long-lived assets were:


	For the Years Ended December 31,
	2012		2011		2010
	(in millions)

Net revenues:
United States	$	5,974	$	5,848	$	5,485
Other		29,041		29,962		26,004

Total net revenues	$	35,015	$	35,810	$	31,489


	As of December 31,
	2012		2011		2010
	(in millions)

Long-lived assets:
United States	$	18,176	$	35,093	$	35,200
Other		41,680		42,542		43,868

Total long-lived assets	$	59,856	$	77,635	$	79,068

No individual country within Other exceeded 10% of our net revenues or long-lived assets for all periods presented.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

Quarterly Financial Data

12 Months Ended

Dec. 31, 2012

Quarterly Financial Data

Note 17. Quarterly Financial Data (Unaudited)

Kraft Foods Group was divested in the quarter ended December 31, 2012 and the results of its operations have been presented as discontinued operations below for all periods presented.


	2012 Quarters
	First		Second		Third		Fourth
	(in millions, except per share data)

Net revenues	$	8,667	$	8,527	$	8,326	$	9,495
Gross profit	$	3,195	$	3,211	$	3,120	$	3,550
Earnings from continuing operations	$	339	$	490	$	177	$	561
Earnings / (losses) from discontinued operations, net of income taxes		480		544		482		(18	)

Net earnings		819		1,034		659		543
Noncontrolling interest		6		5		7		9

Net earnings attributable to Mondelēz International	$	813	$	1,029	$	652	$	534


Weighted-average shares for diluted EPS		1,783		1,786		1,789		1,793

Per share data:
Basic EPS attributable to Mondelēz International:
Continuing operations	$	0.19	$	0.27	$	0.10	$	0.31
Discontinued operations		0.27		0.31		0.27		(0.01	)

Net earnings attributable to Mondelēz International	$	0.46	$	0.58	$	0.37	$	0.30

Diluted EPS attributable to Mondelēz International:
Continuing operations	$	0.19	$	0.27	$	0.10	$	0.31
Discontinued operations		0.27		0.31		0.26		(0.01	)

Net earnings attributable to Mondelēz International	$	0.46	$	0.58	$	0.36	$	0.30


Dividends declared	$	0.29	$	0.29	$	0.29	$	0.13

Market price⁽¹⁾ – high	$	39.06	$	39.99	$	42.44	$	42.54
– low	$	37.17	$	36.75	$	37.15	$	24.50

(1)	The first three quarters of 2012 and the fourth quarter 2012 market price-high in the table above reflect historical stock prices which were not adjusted to reflect the Kraft Foods Group Spin-Off.


	2011 Quarters
	First		Second		Third		Fourth
	(in millions, except per share data)

Net revenues	$	8,190	$	9,163	$	8,778	$	9,679
Gross profit	$	3,115	$	3,313	$	3,247	$	3,425
Earnings from continuing operations	$	325	$	445	$	508	$	459
Earnings from discontinued operations, net of income taxes		477		531		419		383

Net earnings		802		976		927		842
Noncontrolling interest		3		–		5		12

Net earnings attributable to Mondelēz International	$	799	$	976	$	922	$	830


Weighted-average shares for diluted EPS		1,760		1,771		1,777		1,779

Per share data:
Basic EPS attributable to Mondelēz International:
Continuing operations	$	0.18	$	0.25	$	0.28	$	0.25
Discontinued operations		0.28		0.30		0.24		0.22

Net earnings attributable to Mondelēz International	$	0.46	$	0.55	$	0.52	$	0.47

Diluted EPS attributable to Mondelēz International:
Continuing operations	$	0.18	$	0.25	$	0.28	$	0.25
Discontinued operations		0.27		0.30		0.24		0.22

Net earnings attributable to Mondelēz International	$	0.45	$	0.55	$	0.52	$	0.47


Dividends declared	$	0.29	$	0.29	$	0.29	$	0.29

Market price⁽¹⁾ – high	$	32.20	$	35.47	$	36.30	$	37.93
– low	$	30.21	$	31.35	$	32.63	$	31.88

(1)	Market prices in the table above reflect historical stock prices which were not adjusted to reflect the Kraft Foods Group Spin-Off.

The fourth quarter of 2011 benefited from lower than projected taxes on our earnings outside the U.S. and an $85 million true-up of prior quarter estimates to a lower actual tax expense reported by these operations.

Basic and diluted EPS are computed independently for each of the periods presented. Accordingly, the sum of the quarterly EPS amounts may not equal the total for the year.

During 2012, we recorded the following pre-tax charges / (gains) in earnings from continuing operations:


	2012 Quarters
	First		Second		Third		Fourth
	(in millions)

Asset impairment and exit costs	$	44	$	27	$	13	$	69
(Gains) / losses on divestitures, net		–		–		–		(107	)

	$	44	$	27	$	13	$	(38	)

During 2011, we recorded the following pre-tax charges / (gains) in earnings from continuing operations:


	2011 Quarters
	First		Second		Third			Fourth
	(in millions)

Asset impairment and exit costs	$	–	$	–	$	(5	)	$	–
(Gains) / losses on divestitures, net		–		–		–			–

	$	–	$	–	$	(5	)	$	–

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details

Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2012

Valuation and Qualifying Accounts

Mondelēz International, Inc. and Subsidiaries

Valuation and Qualifying Accounts

For the Years Ended December 31, 2012, 2011 and 2010

(in millions)


Col. A	Col. B		Col. C						Col. D			Col. E
			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses			Charged to Other Accounts			Deductions			Balance at End of Period
						(a)			(b)

2012:
Allowance for trade receivables	$	143	$	27		$	(32	)	$	20		$	118
Allowance for other current receivables		40		6			(7	)		(6	)		45
Allowance for long-term receivables		19		(4	)		(1	)		(2	)		16
Allowance for deferred taxes		467		61			(15	)		84			429

	$	669	$	90		$	(55	)	$	96		$	608

2011:
Allowance for trade receivables	$	246	$	25		$	(12	)	$	116		$	143
Allowance for other current receivables		29		8			6			3			40
Allowance for long-term receivables		13		–			6			–			19
Allowance for deferred taxes		400		205			(17	)		121			467

	$	688	$	238		$	(17	)	$	240		$	669

2010:
Allowance for trade receivables	$	121	$	127		$	70		$	72		$	246
Allowance for other current receivables		20		11			5			7			29
Allowance for long-term receivables		5		–			8			–			13
Allowance for deferred taxes		97		30			305			32			400

	$	243	$	168		$	388		$	111		$	688

Notes:

(a)	Primarily related to divestitures, acquisitions and currency translation.

(b)	Represents charges for which allowances were created.

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2012
Description Of Business	Description of Business: Mondelēz International, Inc. (formerly Kraft Foods Inc.) was incorporated in 2000 in the Commonwealth of Virginia. Mondelēz International, Inc., through its subsidiaries (collectively “Mondelēz International,” “we,” “us” and “our”), sells food and beverage products to consumers in approximately 165 countries. On October 1, 2012 (the “Distribution Date”), we completed the spin-off of our former North American grocery business, Kraft Foods Group, Inc. (“Kraft Foods Group”) by distributing 100% of the outstanding shares of common stock of Kraft Foods Group to holders of our common stock (the “Spin-Off”). Along with our other food and beverage categories, we also retained our global snacks business (the “Global Snacks Business.”) See Note 2, Divestitures and Acquisitions, for more information about the Spin-Off.
Changes In Presentation	Changes in Presentation: The divested Kraft Foods Group is presented as a discontinued operation on the consolidated statements of earnings for all periods presented. The Kraft Foods Group balance sheet, other comprehensive earnings and cash flows are included within our consolidated balance sheet and consolidated statements of equity, comprehensive earnings and cash flows through October 1, 2012. The results from discontinued operations are discussed in further detail in Note 2, Divestitures and Acquisitions.
Principles Of Consolidation	Principles of Consolidation: The consolidated financial statements include Mondelēz International, as well as our wholly owned and majority owned subsidiaries. The majority of our operating subsidiaries report results as of the last Saturday of the year. A portion of our international operating subsidiaries report results as of the last calendar day of the period. In 2011, the last Saturday of the year fell on December 31, so our 2011 results included one more week of operating results (“53^rd week”) than 2012 or 2010, which each had 52 weeks. In 2011, we changed the consolidation date for certain operations of our Europe segment and in the Latin America, Central and Eastern Europe (“CEE”) and Middle East and Africa (“MEA”) regions within our Developing Markets segment. Previously, these operations primarily reported results two weeks prior to the end of the period. Subsequent to the 2011 changes, our Europe segment reports results as of the last Saturday of each period. Certain operations within our Developing Markets segment now report results as of the last calendar day of the period or the last Saturday of the period. These changes and the 53^rd week in 2011 resulted in a favorable impact to net revenues of $679 million and a favorable impact of $93 million to operating income in 2011. In 2010, we changed the consolidation date for certain European biscuits operations, which are included within our Europe segment, and certain operations in Asia Pacific and Latin America within our Developing Markets segment. Previously, these operations primarily reported period-end results one month or two weeks prior to the end of the period. Europe moved the reporting of these operations to two weeks prior to the end of the period, and Asia Pacific and Latin America moved the reporting of these operations to the last day of the period. These changes resulted in a favorable impact to net revenues of $193 million and a favorable impact of $23 million to operating income in 2010. We believe these changes are preferable and will improve business planning and financial reporting by better matching the close dates of the operating subsidiaries within our Europe and Developing Markets segments and by bringing the reporting dates closer to the period-end date. As the effect to prior-period results was not material, we have not revised prior-period results. We account for investments in which we exercise significant influence (20%-50% ownership interest) under the equity method of accounting. We use the cost method of accounting for investments in which we have an ownership interest of less than 20% and in which we do not exercise significant influence. Noncontrolling interest in subsidiaries consists of the equity interest of noncontrolling investors in consolidated subsidiaries of Mondelēz International. All intercompany transactions are eliminated.
Use of Estimates	Use of Estimates: We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which require us to make estimates and assumptions that affect a number of amounts in our consolidated financial statements. Significant accounting policy elections, estimates and assumptions include, among others, pension and benefit plan assumptions, valuation assumptions of goodwill and intangible assets, useful lives of long-lived assets, marketing program accruals, insurance and self-insurance reserves and income taxes. We base our estimates on historical experience and other assumptions that we believe are reasonable. If actual amounts differ from estimates, we include the revisions in our consolidated results of operations in the period the actual amounts become known. Historically, the aggregate differences, if any, between our estimates and actual amounts in any year have not had a material effect on our consolidated financial statements.
Foreign Currencies and Highly Inflationary Accounting	Foreign Currencies: We translate the results of operations of our foreign subsidiaries using average exchange rates during each period, whereas balance sheet accounts are translated using exchange rates at the end of each period. We record currency translation adjustments as a component of equity. Transaction gains and losses are recorded in earnings and were not significant for any of the periods presented. Highly Inflationary Accounting: On February 8, 2013, the Venezuelan government announced the devaluation of the official Venezuelan bolivar exchange rate from 4.30 bolivars to 6.30 bolivars to the U.S. dollar and the elimination of the second-tier, government-regulated SITME exchange rate previously applied to value certain types of transactions. The impact of these announced changes resulted in a one-time $30 million unfavorable foreign currency impact which we will record within our Latin America operating segment in the first quarter of 2013. We began accounting for the results of our Venezuelan subsidiaries in U.S. dollars on January 1, 2010, as prescribed under U.S. GAAP for highly inflationary economies. We use the official Venezuelan bolivar exchange rate to translate the results of our Venezuelan operations into U.S. dollars. During 2012 and 2011, we recorded immaterial foreign currency impacts in connection with highly inflationary accounting for Venezuela. In 2010, we recorded $115 million of unfavorable foreign currency impacts including a one-time $34 million charge upon adopting highly inflationary accounting for Venezuela.
Cash And Cash Equivalents	Cash and Cash Equivalents: Cash and cash equivalents include demand deposits with banks and all highly liquid investments with original maturities of three months or less.
Inventories	Inventories: Inventories are stated at the lower of cost or market. We value all our inventories using the average cost method. We also record inventory allowances for overstocked and obsolete inventories due to ingredient and packaging changes.
Long-Lived Assets	Long-Lived Assets: Property, plant and equipment are stated at historical cost and depreciated by the straight-line method over the estimated useful lives of the assets. Machinery and equipment are depreciated over periods ranging from 3 to 20 years and buildings and building improvements over periods up to 40 years. We review long-lived assets, including amortizable intangible assets, for impairment when conditions exist that indicate the carrying amount of the assets may not be fully recoverable. We perform undiscounted operating cash flow analyses to determine if an impairment exists. When testing for impairment of assets held for use, we group assets and liabilities at the lowest level for which cash flows are separately identifiable. If an impairment is determined to exist, the loss is calculated based on estimated fair value. Impairment losses on assets to be disposed of, if any, are based on the estimated proceeds to be received, less costs of disposal.
Software Costs	Software Costs: We capitalize certain computer software and software development costs incurred in connection with developing or obtaining computer software for internal use. Capitalized software costs are included in property, plant and equipment and amortized on a straight-line basis over the estimated useful lives of the software, which do not exceed seven years.
Goodwill And Non-Amortizable Intangible Assets	Goodwill and Non-Amortizable Intangible Assets: We test goodwill and non-amortizable intangible assets for impairment at least annually on October 1. We assess goodwill impairment risk by first performing a qualitative review of entity-specific, industry, market and general economic factors for each reporting unit. If significant potential goodwill impairment risk exists for a specific reporting unit, we apply a two-step quantitative test. The first step compares the reporting unit’s estimated fair value with its carrying value. We estimate a reporting unit’s fair value using a 20-year projection of discounted cash flows which incorporates planned growth rates, market-based discount rates and estimates of residual value. For reporting units within our North America and Europe geographic units, we used a market-based, weighted-average cost of capital of 6.3% to discount the projected cash flows of those operations. For reporting units within our Developing Markets geographic unit, we used a risk-rated discount rate of 9.3%. Estimating the fair value of individual reporting units requires us to make assumptions and estimates regarding our future plans, industry and economic conditions and our actual results and conditions may differ over time. If the carrying value of a reporting unit’s net assets exceeds its fair value, the second step is applied to measure the difference between the carrying value and implied fair value of goodwill. If the carrying value of goodwill exceeds its implied fair value, the goodwill is considered impaired and reduced to its implied fair value. We test non-amortizable intangible assets for impairment by first performing a qualitative review by assessing events and circumstances that could affect the fair value or carrying value of the indefinite-lived intangible asset. If significant potential impairment risk exists for a specific non-amortizable intangible asset, we quantitatively test for impairment by comparing the fair value of each intangible asset with its carrying value. Fair value of non-amortizable intangible assets is determined using planned growth rates, market-based discount rates and estimates of royalty rates. If the carrying value of the asset exceeds its fair value, the intangible asset is considered impaired and is reduced to its estimated fair value. We record intangible asset impairment charges within asset impairment and exit costs. Definite-lived intangible assets are amortized over their estimated useful lives and evaluated for impairment as long-lived assets.
Insurance and Self-Insurance	Insurance and Self-Insurance: We use a combination of insurance and self-insurance for a number of risks, including workers’ compensation, general liability, automobile liability, product liability and our obligation for employee healthcare benefits. We estimate the liabilities associated with these risks by evaluating and making judgments about historical claims experience and other actuarial assumptions and the estimated impact on future results.
Revenue Recognition	Revenue Recognition: We recognize revenues when title and risk of loss pass to customers, which generally occurs upon shipment or delivery of goods. Revenues are recorded net of consumer incentives and trade promotions and include all shipping and handling charges billed to customers. Our shipping and handling costs are classified as part of cost of sales. A provision for product returns and allowances for bad debts is also recorded as reductions to revenues within the same period that the revenue is recognized.
Marketing and Research And Development	Marketing and Research and Development: We promote our products with advertising, consumer incentives and trade promotions. These programs include, but are not limited to, discounts, coupons, rebates, in-store display incentives and volume-based incentives. We expense advertising costs either in the period the advertising first takes place or as incurred. Consumer incentive and trade promotion activities are recorded as a reduction to revenues based on amounts estimated as being due to customers and consumers at the end of a period. We base these estimates principally on historical utilization and redemption rates. For interim reporting purposes, advertising and consumer incentive expenses are charged to operations as a percentage of volume, based on estimated volume and related expense for the full year. We do not defer costs on our year-end consolidated balance sheet and all marketing costs are recorded as an expense in the year incurred. Advertising expense was $1,815 million in 2012, $1,860 million in 2011 and $1,729 million in 2010. We expense product research and development costs as incurred. Research and development expense was $462 million in 2012, $511 million in 2011 and $404 million in 2010. We record marketing and research and development expenses within selling, general and administrative expenses.
Environmental Costs	Environmental Costs: Throughout the countries in which we do business, we are subject to local, national and multi-national environmental laws and regulations relating to the protection of the environment. We have programs across our business units designed to meet applicable environmental compliance requirements. In the United States, the laws and regulations include the Clean Air Act, the Clean Water Act, the Resource Conservation and Recovery Act and the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”). CERCLA imposes joint and severable liability on each potentially responsible party. As of December 31, 2012, our subsidiaries were involved in one active proceeding in the U.S. under a state equivalent of CERCLA related to our current operations. As of December 31, 2011, our subsidiaries were involved in 68 active actions. Except for the one active proceeding we retained, all the remaining active actions relate to and were retained by the divested Kraft Foods Group business. As of December 31, 2012, we accrued an immaterial amount for environmental remediation. Based on information currently available, we believe that the ultimate resolution of existing environmental remediation actions and our compliance in general with environmental laws and regulations will not have a material effect on our financial results.
Employee Benefit Plans	Employee Benefit Plans: We provide a range of benefits to our current and retired employees. Depending upon jurisdictions, tenure, presence of a union, job level and other factors, these include pension benefits, postretirement health care benefits and postemployment benefits, consisting primarily of severance. We provide pension coverage for certain employees of our non-U.S. subsidiaries through separate plans. Local statutory requirements govern many of these plans. For salaried and non-union hourly employees hired in the U.S. after January 1, 2009, we discontinued benefits under our U.S. pension plans, and we replaced them with an enhanced company contribution to our employee savings plan. Additionally, we will be freezing the U.S. pension plans for current salaried and non-union hourly employees effective December 31, 2019. Pension accruals for all salaried and non-union employees who are currently earning pension benefits will end on December 31, 2019, and continuing pay and service will be used to calculate the pension benefits through December 31, 2019. Our U.S., Canadian, and United Kingdom subsidiaries provide health care and other benefits to most retired employees. Local government plans generally cover health care benefits for retirees outside the U.S., Canada, and United Kingdom. Our postemployment benefit plans cover most salaried and certain hourly employees. The cost of these plans is charged to expense over the working life of the covered employees.
Financial Instruments	Financial Instruments: We use certain financial instruments to manage our foreign currency exchange rate, commodity price and interest rate risks. We monitor and manage these exposures as part of our overall risk management program which focuses on the unpredictability of financial markets and seeks to reduce the potentially adverse effects that the volatility of these markets may have on our operating results. A principal objective of our risk management strategies is to reduce significant, unanticipated earnings fluctuations that may arise from volatility in foreign currency exchange rates, commodity prices and interest rates, principally through the use of derivative instruments. We use a combination of primarily foreign currency forward contracts, futures, options and swaps; commodity forward contracts, futures and options; and interest rate swaps to manage our exposure to cash flow variability, protect the value of our existing foreign currency assets and liabilities and protect the value of our debt. See Note 9, Financial Instruments, to the consolidated financial statements for more information on the types of derivative instruments we use. We record derivative financial instruments at fair value in our consolidated balance sheets within other current assets or other current liabilities due to their relatively short-term duration. Cash flows from derivative instruments are classified in the consolidated statements of cash flows based on the nature of the derivative instrument. Changes in the fair value of a derivative that is designated as a cash flow hedge, to the extent that the hedge is effective, are recorded in accumulated other comprehensive earnings / (losses) and reclassified to earnings when the hedged item affects earnings. Changes in fair value of economic hedges and the ineffective portion of all hedges are recognized in current period earnings. Changes in the fair value of a derivative that is designated as a fair value hedge, along with the changes in the fair value of the related hedged asset or liability, are recorded in earnings in the same period. We use foreign currency denominated debt to hedge a portion of our net investment in foreign operations against adverse movements in exchange rates, with changes in the value of the debt recorded within currency translation adjustment in accumulated other comprehensive earnings / (losses). In order to qualify for hedge accounting, a specified level of hedging effectiveness between the derivative instrument and the item being hedged must exist at inception and throughout the hedged period. We must also formally document the nature of and relationship between the derivative and the hedged item, as well as our risk management objectives, strategies for undertaking the hedge transaction and method of assessing hedge effectiveness. Additionally, for a hedge of a forecasted transaction, the significant characteristics and expected term of the forecasted transaction must be specifically identified, and it must be probable that the forecasted transaction will occur. If it is no longer probable that the hedged forecasted transaction will occur, we would recognize the gain or loss related to the derivative in earnings. When we use derivatives, we are exposed to credit and market risks. Credit risk exists when a counterparty to a derivative contract might fail to fulfill its performance obligations under the contract. We minimize our credit risk by entering into transactions with counterparties with high quality, investment grade credit ratings, limiting the amount of exposure with each counterparty and monitoring the financial condition of our counterparties. We also maintain a policy of requiring that all significant, non-exchange traded derivative contracts with a duration of one year or longer are governed by an International Swaps and Derivatives Association master agreement. Market risk exists when the value of a derivative or other financial instrument might be adversely affected by changes in market conditions and foreign currency exchange rates, commodity prices, or interest rates. We manage market risk by limiting the types of derivative instruments and derivative strategies we use and the degree of market risk that we plan to hedge through the use of derivative instruments. Commodity cash flow hedges – We are exposed to price risk related to forecasted purchases of certain commodities that we primarily use as raw materials. We enter into commodity forward contracts primarily for wheat, soybean and vegetable oils, sugar and other sweeteners and cocoa. Commodity forward contracts generally are not subject to the accounting requirements for derivative instruments and hedging activities under the normal purchases exception. We also use commodity futures and options to hedge the price of certain input costs, including wheat, soybean and vegetable oils, sugar and other sweeteners and cocoa. Some of these derivative instruments are highly effective and qualify for hedge accounting treatment. We also sell commodity futures to unprice future purchase commitments, and we occasionally use related futures to cross-hedge a commodity exposure. We are not a party to leveraged derivatives and, by policy, do not use financial instruments for speculative purposes. Foreign currency cash flow hedges – We use various financial instruments to mitigate our exposure to changes in exchange rates from third-party and intercompany actual and forecasted transactions. These instruments may include foreign exchange forward contracts, futures, options and swaps. Based on the size and location of our businesses, we use these instruments to hedge our exposure to certain currencies, including the euro, pound sterling and Canadian dollar. Interest rate cash flow and fair value hedges – We manage interest rate volatility by modifying the pricing or maturity characteristics of certain liabilities so that the net impact on interest expense is not, on a material basis, adversely affected by movements in interest rates. As a result of interest rate fluctuations, hedged fixed-rate liabilities appreciate or depreciate in market value. We expect the effect of this unrealized appreciation or depreciation to be substantially offset by our gains or losses on the derivative instruments that are linked to these hedged liabilities. We use derivative instruments, including interest rate swaps that have indices related to the pricing of specific liabilities as part of our interest rate risk management strategy. As a matter of policy, we do not use highly leveraged derivative instruments for interest rate risk management. We use interest rate swaps to economically convert a portion of our fixed-rate debt into variable-rate debt. Under the interest rate swap contracts, we agree with other parties to exchange, at specified intervals, the difference between fixed-rate and floating-rate interest amounts, which is calculated based on an agreed-upon notional amount. We also use interest rate swaps to hedge the variability of interest payment cash flows on a portion of our future debt obligations. Substantially all of these derivative instruments are highly effective and qualify for hedge accounting treatment. Hedges of net investments in foreign operations – We have numerous investments in our foreign subsidiaries. The net assets of these subsidiaries are exposed to volatility in foreign currency exchange rates. We use foreign currency denominated debt to hedge our net investment in foreign operations against adverse movements in exchange rates. We designated our euro and pound sterling denominated borrowings as a net investment hedge of a portion of our overall European operations. The gains and losses on our net investment in these designated European operations are economically offset by losses and gains on our euro and pound sterling denominated borrowings. The change in the debt’s value is recorded in the currency translation adjustment component of accumulated other comprehensive earnings / (losses).
Income Taxes	Income Taxes: We recognize tax benefits in our financial statements when uncertain tax positions are assessed more likely than not to be sustained upon audit. The amount we recognize is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. We recognize deferred tax assets for deductible temporary differences, operating loss carryforwards and tax credit carryforwards. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion, or all, of the deferred tax assets will not be realized.
New Accounting Pronouncements	New Accounting Pronouncements: In February 2013, the Financial Accounting Standards Board (“FASB”) issued an accounting standards update, clarifying how to report the effect of significant reclassifications out of accumulated other comprehensive income (“AOCI”) by component and the respective line items of the statement of earnings that are affected. The guidance is effective for fiscal and interim reporting periods beginning after December 15, 2012. We plan to adopt this guidance in the first quarter of 2013 and do not anticipate that the adoption will materially change the presentation of our consolidated financial statements. In July 2012, the FASB issued an accounting standards update which simplifies indefinite-lived intangible asset impairment testing. Companies now have the option to first assess qualitative factors to determine whether it is “more likely than not” that an indefinite-lived intangible asset may be impaired. If, after assessing the totality of events and circumstances, impairment is determined to be not likely, then performing the quantitative two-step impairment test would not be required. The amendment is effective for annual tests performed for fiscal years beginning after September 15, 2012, with early adoption permitted. We adopted the guidance in the quarter ended December 31, 2012, ahead of our annual intangible asset impairment testing. The new guidance did not have an impact on our financial results and simplified the indefinite-lived intangible asset testing we perform on an annual basis.
Reclassifications	Reclassifications: Certain amounts previously reported have been reclassified to conform to the current-year presentation.
Subsequent Events	Subsequent Events: We evaluated subsequent events and included all accounting and disclosure requirements related to subsequent events in our consolidated financial statements.

Divestitures and Acquisitions (Tables)

12 Months Ended

Dec. 31, 2012

Interest Expense Relating to Debt including Results from Discontinued Operations

Interest expense relating to debt Kraft Foods Group incurred or assumed through October 1, 2012 has been included in the results from discontinued operations for all periods presented and as follows:


	Nine Months Ended		For the Years Ended December 31,
	October 1, 2012		2011		2010
			(in millions)

$6.0 billion note issuance in June 2012	$	70	$	–	$	–
$3.6 billion notes exchanged in July 2012		171		226		216
$0.4 billion debt transferred in October 2012		24		31		31
Capital leases and other		13		10		7

	$	278	$	267	$	254

Summary Of Spin-Off Costs Within Pre-tax Earnings

We incurred the following Spin-Off Costs within our pre-tax earnings:


	For the Years Ended December 31,
	2012		2011
	(in millions)

Selling, general and administrative expenses	$	444	$	46
Interest and other expense, net		609		–

Spin-Off Costs	$	1,053	$	46

Kraft Foods Group

Summary Results Of Operations

Summary results of operations for Kraft Foods Group through October 1, 2012 were as follows:


	Nine Months Ended		For the Years Ended December 31,
	October 1, 2012		2011		2010
			(in millions)

Net revenues	$	13,768	$	18,555	$	17,718


Earnings before income taxes	$	2,266	$	2,892	$	2,916
Provision for income taxes		778		1,082		1,093
Earnings and gain from discontinued operations, net of income taxes ⁽¹⁾		–		–		1,644

Earnings from discontinued operations, net of income taxes	$	1,488	$	1,810	$	3,467

(1)

Assets And Liablities Distributed

On October 1, 2012, we divested the following assets and liabilities which net to $4,358 million, or $4,111 million net of cash retained by Kraft Foods Group on the Distribution Date (in millions):


Assets
Cash	$	247
Receivables		1,685
Inventories, net		2,099
Deferred income taxes		338
Other current assets		168
Property, plant and equipment, net		4,211
Goodwill		11,911
Intangible assets, net		2,632
Prepaid pension assets		16
Other assets		856

	$	24,163

Liabilities
Current portion of long-term debt	$	6
Accounts payable		1,798
Accrued marketing		463
Accrued employment costs		190
Other current liabilities		751
Long-term debt		9,965
Deferred income taxes		874
Accrued pension costs		2,026
Accrued postretirement health care costs		3,316
Other liabilities		416

	$	19,805

Net assets divested in the Spin-Off	$	4,358

Cadbury

Pro Forma Summary

The following unaudited pro forma summary presents our consolidated results of continuing operations as if Cadbury had been acquired on January 1, 2010. These amounts were calculated after conversion to U.S. GAAP, applying our accounting policies, and adjusting Cadbury’s results to reflect the additional depreciation and amortization that would have been charged assuming the fair value adjustments to property, plant and equipment, and intangible assets had been applied from January 1, 2010, together with the consequential tax effects. These adjustments also reflect the additional interest expense incurred on the debt to finance the purchase and the divestitures of certain Cadbury confectionery operations in Poland and Romania.


	Pro forma
	Year Ended
	December 31, 2010
	(in millions)

Net revenues	$	32,052
Net earnings attributable to Mondelēz International		2,115

Cadbury Acquisition

Assets and Liabilities Acquired

As part of that acquisition, we acquired the following assets and assumed the following liabilities (in millions):


Assets
Cash and cash equivalents	$	1,044
Receivables ⁽¹⁾		1,333
Inventories, net		1,298
Other current assets		660
Property, plant and equipment, net		3,293
Goodwill ⁽²⁾		9,530
Intangible assets, net ⁽³⁾		12,905
Other assets		593

	$	30,656

Liabilities
Short-term borrowings	$	1,206
Accounts payable		1,605
Other current liabilities ⁽⁴⁾		1,866
Long-term debt		2,437
Deferred income taxes		3,218
Accrued pension costs		817
Other liabilities		927
Noncontrolling interest		33

	$	12,109

Net assets acquired	$	18,547

(1)

The gross amount of acquired receivables was $1,474 million, of which $141 million was reserved as uncollectable.

(2)

Goodwill will not be deductible for statutory tax purposes and is attributable to Cadbury’s workforce and the significant synergies we expect from the acquisition.

(3)

(4)

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References+ Details

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

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-Paragraph 3

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141

-Paragraph 52

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141

-Paragraph 51

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph F4

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 68

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Components of Property, Plant And Equipment

Property, plant and equipment at December 31, 2012 and 2011 were:


	2012			2011
	(in millions)

Land and land improvements	$	643		$	768
Buildings and building improvements		3,199			4,997
Machinery and equipment		11,992			16,934
Construction in progress		1,022			1,233

		16,856			23,932
Accumulated depreciation		(6,846	)		(10,119	)

Property, plant and equipment, net	$	10,010		$	13,813

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details

Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Goodwill By Reportable Segment

At December 31, 2012 and 2011, goodwill by reportable segment was:


	2012		2011
	(in millions)

Developing Markets	$	7,450	$	7,463
Europe		9,245		9,003
North America		9,106		20,831

Goodwill	$	25,801	$	37,297

Intangible Assets Disclosure

Intangible assets at December 31, 2012 and 2011 were:


	2012			2011
	(in millions)

Non-amortizable intangible assets	$	20,408		$	22,859
Amortizable intangible assets		2,861			2,853

		23,269			25,712
Accumulated amortization		(717	)		(526	)

Intangible assets, net	$	22,552		$	25,186

Changes in Goodwill and Intangible Assets

Changes in goodwill and intangible assets consisted of:


	2012						2011
	Goodwill			Intangible Assets, at cost			Goodwill			Intangible Assets, at cost
	(in millions)
Balance at January 1	$	37,297		$	25,712		$	37,856		$	26,279
Changes due to:
Foreign currency		436			262			(559	)		(567	)
Divestitures		(11,932	)		(2,669	)		–			–
Asset impairments		–			(52	)		–			–
Acquisitions		–			14
Other		–			2			–			–

Balance at December 31	$	25,801		$	23,269		$	37,297		$	25,712

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References+ Details

2012-2014 Restructuring Program (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Restructuring Costs

At December 31, 2012, our net restructuring liability was $36 million recorded within other current liabilities.


	Severance and related costs			Asset Write-downs			Total
	(in millions)

Liability balance, January 1, 2012	$	–		$	–		$	–
Charges		84			18			102
Cash spent		(33	)		–			(33	)
Non-cash settlements		(15	)		(18	)		(33	)

Liability balance, December 31, 2012	$	36		$	–		$	36

Schedule of Restructuring and Implementation Costs

During 2012, we recorded restructuring and implementation costs within our consolidated segment operating income as follows:


	For the Year Ended December 31, 2012
	Restructuring		Implementation
	Costs		Costs		Total
	(in millions)

Developing Markets	$	7	$	–	$	7
Europe		6		–		6
North America		89		8		97

Total	$	102	$	8	$	110

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details

Debt and Borrowing Arrangements (Tables)

12 Months Ended

Dec. 31, 2012

Short-Term Borrowings

At December 31, 2012 and 2011, our short-term borrowings and related weighted-average interest rates consisted of:

2012

2011

Amount

Weighted-Average

Amount

Weighted-Average

Outstanding

Year-End Rate

Outstanding

Year-End Rate

(in millions)

Bank loans

274

7.2%

182

10.7%

Long-Term Debt

At December 31, 2012 and 2011, our long-term debt consisted of (interest rates were as of December 31, 2012):


	2012			2011
	(in millions)

U.S. Dollar notes, 2.63% to 7.00% (average effective rate 5.71%), due through 2040	$	16,887		$	21,766
Euro notes, 6.25% (effective rate 6.33%), due through 2015		1,119			3,690
Pound sterling notes, 5.38% to 7.25% (average effective rate 4.94%), due through 2018		1,109			1,074
Other foreign currency obligations		32			178
Capital leases and other		4			41

Total		19,151			26,749
Less current portion of long-term debt		(3,577	)		(3,654	)

Long-term debt	$	15,574		$	23,095

Aggregate Maturities of Debt Based on Stated Contractual Maturities

As of December 31, 2012, aggregate maturities of our debt based on stated contractual maturities for the years ended were

(in millions):


2013		2014		2015		2016		2017		Thereafter		Total
$	3,569	$	990	$	1,123	$	1,764	$	1,500	$	10,216	$	19,162

Interest and Other Expense, Net within Results of Continuing Operations

Interest and other expense, net within our results of continuing operations consisted of:


	For the Years Ended December 31,
	2012		2011		2010
	(in millions)

Interest expense, debt	$	1,177	$	1,383	$	1,540
Spin-Off-related financing fees		609		–		–
Acquisition-related financing fees		–		–		251
Other expense / (income), net		77		235		(21	)

Total interest and other expense, net	$	1,863	$	1,618	$	1,770

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

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-Name Regulation S-X (SX)

-Number 210

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-Article 5

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-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Fair Value of Derivatives Instruments

Derivative instruments were recorded at fair value in the consolidated balance sheets as of December 31, 2012 and 2011 as follows:


	2012				2011
	Asset		Liability		Asset		Liability
	Derivatives		Derivatives		Derivatives		Derivatives
	(in millions)				(in millions)

Derivatives designated as hedging instruments:
Foreign exchange contracts	$	6	$	10	$	76	$	5
Commodity contracts		3		34		14		27
Interest rate contracts		16		–		2		519

	$	25	$	44	$	92	$	551

Derivatives not designated as hedging instruments:
Foreign exchange contracts	$	16	$	33	$	13	$	5
Commodity contracts		106		103		392		372
Interest rate contracts		93		61		86		51

	$	215	$	197	$	491	$	428

Total fair value	$	240	$	241	$	583	$	979

Notional Values of Derivative Instruments

The net notional values of our derivative instruments as of December 31, 2012 and 2011 were:


	2012		2011
	(in millions)

Foreign exchange contracts:
Intercompany loans and forecasted interest payments	$	3,743	$	1,982
Forecasted transactions		1,663		1,181
Commodity contracts		620		1,287
Interest rate contracts		2,259		4,872
Net investment hedge – euro notes		1,121		3,694
Net investment hedge – pound sterling notes		1,057		1,010

Hedges of Net Investments in Foreign Operations

After-tax gains / (losses) from continuing operations related to hedges of net investments in foreign operations in the form of euro and pound sterling-denominated debt were:


	2012			2011		2010		Location of Gain /(Loss) Recognized in AOCI
	(in millions)

Euro notes	$	(41	)	$	77	$	170	Currency Translation
Pound sterling notes		(29	)		3		7	Adjustment

Derivative

Schedule of Derivative Instruments Fair Values and Measurement Inputs

The fair value (asset / (liability)) of our derivative instruments at December 31, 2012 were determined using:


	Total Fair Value of Net Asset / (Liability)			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(in millions)

Foreign exchange contracts	$	(21	)	$	–		$	(21	)	$	–
Commodity contracts		(28	)		(53	)		25			–
Interest rate contracts		48			–			48			–

Total derivatives	$	(1	)	$	(53	)	$	52		$	–

The fair value (asset / (liability)) of our derivative instruments at December 31, 2011 were determined using:


	Total Fair Value of Net Asset / (Liability)			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(in millions)

Foreign exchange contracts	$	79		$	–		$	79		$	–
Commodity contracts		7			(41	)		48			–
Interest rate contracts		(482	)		–			(482	)		–

Total derivatives	$	(396	)	$	(41	)	$	(355	)	$	–

Cash Flow Hedges

Schedule of Cash Flow Hedges Effect on Accumulated Other Comprehensive Income, Net of Taxes

Cash flow hedge activity, net of taxes, within accumulated other comprehensive earnings / (losses) included:


	2012			2011			2010
	(in millions)

Accumulated gain / (loss) at January 1	$	(297	)	$	79		$	101
Transfer of realized (gains) / losses in fair value to earnings		312			118			(25	)
Unrealized gain / (loss) in fair value		(75	)		(444	)		(32	)
Discontinued operations		(134	)		(50	)		35
Impact of Spin-Off		156			–			–

Accumulated gain / (loss) at December 31	$	(38	)	$	(297	)	$	79

Schedule of Effects Derivative Instruments

After-tax gains / (losses) reclassified from accumulated other comprehensive earnings / (losses) into net earnings from continuing operations were:


	2012			2011			2010
	(in millions)

Foreign exchange contracts – intercompany loans	$	–		$	2		$	10
Foreign exchange contracts – forecasted transactions		58			(38	)		5
Commodity contracts		(10	)		19			11
Interest rate contracts		(360	)		(101	)		(1	)

Total	$	(312	)	$	(118	)	$	25

After-tax gains / (losses) recognized in other comprehensive earnings / (losses) from continuing operations were:


	2012			2011			2010
	(in millions)

Foreign exchange contracts – intercompany loans	$	–		$	1		$	2
Foreign exchange contracts – forecasted transactions		(16	)		12			19
Commodity contracts		(24	)		(22	)		37
Interest rate contracts		(35	)		(435	)		(90	)

Total	$	(75	)	$	(444	)	$	(32	)

Pre-tax gains / (losses) on ineffectiveness recognized in net earnings from continuing operations were:


	2012			2011			2010
	(in millions)

Commodity contracts	$	(3	)	$	(4	)	$	–
Interest rate contracts		(23	)		(2	)		–

Total	$	(26	)	$	(6	)	$	–

Pre-tax gains / (losses) on amounts excluded from effectiveness testing recognized in net earnings from continuing operations were:


	2012			2011			2010
	(in millions)

Commodity contracts	$	–		$	(17	)	$	–
Interest rate contracts		(556	)		(156	)		–

Total	$	(556	)	$	(173	)	$	–

Fair Value Hedges

Schedule of Effects Derivative Instruments

Pre-tax gains / (losses) from continuing operations due to changes in fair value of our interest rate swaps and related hedged long-term debt were recorded in interest and other expense, net:


	2012			2011			2010
	(in millions)

Derivatives	$	(2	)	$	(6	)	$	1
Borrowings		2			6			(1	)

Economic Hedging

Schedule of Effects Derivative Instruments

Pre-tax gains / (losses) recorded in net earnings from continuing operations for economic hedges which are not designated as hedging instruments were:


	2012			2011			2010			Location of Gain / (Loss) Recognized in Earnings
				(in millions)

Foreign exchange contracts:
Intercompany loans and forecasted interest payments	$	24		$	34		$	28		Interest expense
Forecasted transactions		7			4			(11	)	Cost of sales
Forecasted transactions		(17	)		3			(17	)	Interest expense
Cadbury acquisition related ⁽¹⁾		–			–			(395	)	Interest expense
Interest rate contracts		3			(3	)		4		Interest expense
Commodity contracts		100			135			90		Cost of sales

Total	$	117		$	173		$	(301	)

(1)

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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+ Details

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details

Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2012

Pension Plans

Projected Benefit Obligations, Plan Assets and Funded Status of Pension Plans

The projected benefit obligations, plan assets and funded status of our pension plans at December 31, 2012 and 2011 were:


	U.S. Plans						Non-U.S. Plans
	2012			2011			2012			2011
	(in millions)

Benefit obligation at January 1	$	7,472		$	6,703		$	9,581		$	8,895
Service cost		142			146			172			170
Interest cost		275			364			425			458
Benefits paid		(241	)		(304	)		(459	)		(470	)
Settlements paid		(211	)		(187	)		–			–
Curtailment gain		–			(3	)		–			(1	)
Actuarial losses		1,157			744			1,060			588
Spin-Off impact		(7,207	)		–			(1,387	)		–
Currency		–			–			350			(95	)
Other		2			9			44			36

Benefit obligation at December 31		1,389			7,472			9,786			9,581


Fair value of plan assets at January 1		5,829			5,800			7,600			7,453
Actual return on plan assets		663			(18	)		684			284
Contributions		349			538			353			387
Benefits paid		(241	)		(304	)		(459	)		(470	)
Settlements paid		(211	)		(187	)		–			–
Spin-Off impact		(5,486	)		–			(1,064	)		–
Currency		–			–			267			(54	)
Other		–			–			–			–

Fair value of plan assets at December 31		903			5,829			7,381			7,600

Net pension liability recognized at December 31	$	(486	)	$	(1,643	)	$	(2,405	)	$	(1,981	)

Pension Plans Resulted in Net Pension Liability

We recognized these amounts in our consolidated balance sheets at December 31, 2012 and 2011 as follows:


	2012			2011
	(in millions)

Prepaid pension assets	$	18		$	31
Other accrued liabilities		(24	)		(58	)
Accrued pension costs		(2,885	)		(3,597	)

	$	(2,891	)	$	(3,624	)

Projected Benefit Obligations, Accumulated Benefit Obligations and Fair Value of Plan Assets

For these plans, the projected benefit obligations, accumulated benefit obligations and the fair value of plan assets at December 31, 2012 and 2011 were:


	U.S. Plans				Non-U.S. Plans
	2012		2011		2012		2011
	(in millions)

Projected benefit obligation	$	1,389	$	7,472	$	9,539	$	9,314
Accumulated benefit obligation		1,218		6,971		9,230		8,962
Fair value of plan assets		903		5,829		7,119		7,313

Components of Net Costs

Net pension cost consisted of the following for the years ended December 31, 2012, 2011, and 2010:


	U.S. Plans									Non-U.S. Plans
	2012			2011			2010			2012			2011			2010
	(in millions)

Service cost	$	142		$	146		$	145		$	172		$	170		$	162
Interest cost		275			364			368			425			458			419
Expected return on plan assets		(358	)		(496	)		(490	)		(494	)		(536	)		(467	)
Amortization:
Net loss from experience differences		253			225			170			121			101			77
Prior service cost		6			7			6			3			2			7
Other expenses		113			105			123			22			14			11
Net pension costs related to discontinued operations		(263	)		(233	)		(230	)		(29	)		(29	)		(21	)

Net pension cost included in continuing operations	$	168		$	118		$	92		$	220		$	180		$	188

Fair Values of Pension Plan Assets

The fair value of pension plan assets at December 31, 2012 was determined using the following fair value measurements:


Asset Category	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(in millions)

Cash	$	210	$	210	$	–	$	–
U.S. equity securities		186		185		1		–
Non-U.S. equity securities		932		932		–		–
Pooled funds-equity securities		1,673		590		1,083		–

Total cash and equity securities		3,001		1,917		1,084		–

Government bonds		1,440		209		1,231		–
Pooled funds-fixed-income securities		963		285		668		10
Corporate bonds and other fixed-income securities		1,969		210		965		794

Total fixed-income securities		4,372		704		2,864		804

Real estate		342		97		6		239
Other		490		–		17		473

Total	$	8,205	$	2,718	$	3,971	$	1,516

The fair value of pension plan assets at December 31, 2011 was determined using the following fair value measurements:


Asset Category	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(in millions)

Cash	$	119	$	119	$	–	$	–
U.S. equity securities		272		266		6		–
Non-U.S. equity securities		1,666		1,664		2		–
Pooled funds-equity securities		4,755		485		4,270		–

Total cash and equity securities		6,812		2,534		4,278		–

Government bonds		1,170		571		599		–
Pooled funds-fixed-income securities		1,515		230		1,278		7
Corporate bonds and other fixed-income securities		3,019		100		2,161		758

Total fixed-income securities		5,704		901		4,038		765

Real estate		351		91		5		255
Other		410		–		19		391

Total	$	13,277	$	3,526	$	8,340	$	1,411

The percentage of fair value of pension plan assets at December 31, 2012 and 2011 was:


	U.S. Plans				Non-U.S. Plans
Asset Category	2012		2011		2012		2011

Equity securities		57%		66%		31%		38%
Fixed-income securities		40%		33%		49%		51%
Real estate		3%		1%		4%		4%
Other		–		–		16%		7%

Total		100%		100%		100%		100%

Schedule of Changes in Level 3 Plan Assets

Changes in our Level 3 assets, which are recorded in other comprehensive earnings / (losses), for the year ended December 31, 2012 included:


Asset Category	January 1, 2012 Balance		Net Realized and Unrealized Gains/(Losses)		Net Purchases, Issuances and Settlements			Net Transfers Into/(Out of) Level 3			Currency Impact		December 31, 2012 Balance
	(in millions)
Pooled funds- fixed-income securities	$	7	$	–	$	–		$	3		$	–	$	10
Corporate bond and other fixed-income securities		758		61		(52	)		(3	)		30		794
Real Estate		255		9		149			(181	)		7		239
Other		391		76		(10	)		(1	)		17		473

Total Level 3 investments	$	1,411	$	146	$	87		$	(182	)	$	54	$	1,516

Changes in our Level 3 plan assets, which are recorded in other comprehensive earnings / (losses), for the year ended December 31, 2011 included:


Asset Category	January 1, 2011 Balance		Net Realized and Unrealized Gains/(Losses)			Net Purchases, Issuances and Settlements			Net Transfers Into/(Out of) Level 3		Currency Impact			December 31, 2011 Balance
	(in millions)
Pooled funds- fixed-income securities	$	–	$	–		$	–		$	8	$	(1	)	$	7
Corporate bond and other fixed-income securities		751		105			(95	)		1		(4	)		758
Real Estate		250		(15	)		19			–		1			255
Other		376		10			7			–		(2	)		391

Total Level 3 investments	$	1,377	$	100		$	(69	)	$	9	$	(6	)	$	1,411

Estimated Future Benefit Payments

The estimated future benefit payments from our pension plans at December 31, 2012 were (in millions):


	2013		2014		2015		2016		2017		2018-2022
U.S. Plans	$	62	$	66	$	68	$	80	$	92	$	578
Non-U.S. Plans		396		402		412		419		434		2,313

Schedule of Individually Significant Multiemployer Pension Plan

The following is the only individually significant multiemployer plan we participate in as of December 31, 2012:

Pension Fund

EIN / Pension
Plan Number

Pension
Protection Act
Zone Status

FIP / RP
Status Pending /
Implemented

Surcharge
Imposed

Expiration Date
of Collective-
Bargaining
Agreement

Bakery and Confectionery

Union and Industry International Pension Fund

526118572

Red

Implemented

Yes

2/29/2016

Postretirement Benefit Plans

Weighted Average Assumptions

We used the following weighted-average assumptions to determine our net postretirement cost for the years ended December 31:


	U.S. Plans						Non-U.S. Plans
	2012		2011		2010		2012		2011		2010

Discount rate		4.47%		5.30%		5.70%		4.14%		5.02%		5.28%
Health care cost trend rate		7.00%		7.50%		7.00%		7.42%		8.83%		8.79%

Components of Net Costs

Net postretirement health care costs consisted of the following for the years ended December 31, 2012, 2011 and 2010:


	2012			2011			2010
	(in millions)

Service cost	$	35		$	36		$	39
Interest cost		121			165			172
Amortization:
Net loss from experience differences		65			60			55
Prior service credit		(31	)		(32	)		(32	)
Other ⁽¹⁾		29			–			–
Net postretirement health care costs related to discontinued operations		(135	)		(163	)		(168	)

Net postretirement health care costs included within continuing operations	$	84		$	66		$	66

(1)

In 2012, we recorded a $23 million unfunded U.S. postretirement plan obligation related to long-term disability benefits.

Estimated Future Benefit Payments

Our estimated future benefit payments for our postretirement health care plans at December 31, 2012 were:


	2013		2014		2015		2016		2017		2018-2022
U.S. Plans	$	3	$	5	$	6	$	8	$	9	$	73
Non-U.S. Plans		5		5		5		6		6		33

Benefit Obligation of Postretirement Benefit Plans

The changes in and the amount of the accrued benefit obligation at December 31, 2012 and 2011 were:


	2012			2011
	(in millions)

Accrued benefit obligation at January 1	$	3,453		$	3,263
Service cost		35			36
Interest cost		121			165
Benefits paid		(142	)		(221	)
Plan amendments		(51	)		(5	)
Currency		8			(3	)
Assumption changes		519			254
Actuarial (gains) / losses		47			(36	)
Impact of Spin-Off		(3,561	)		–
Other		29			–

Accrued benefit obligation at December 31	$	458		$	3,453

Weighted-Average Assumptions to Determine Benefit Obligations

We used the following weighted-average assumptions to determine our postretirement benefit obligations at December 31:


	U.S. Plans				Non-U.S. Plans
	2012		2011		2012		2011
Discount rate		4.20%		4.70%		4.08%		4.29%
Health care cost trend rate assumed for next year		7.50%		7.00%		7.68%		7.42%
Ultimate trend rate		5.00%		5.00%		5.58%		5.53%
Year that the rate reaches the ultimate trend rate		2018		2016		2018		2016

Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates

A one-percentage-point change in assumed health care cost trend rates would have the following effects as of December 31, 2012:


	One-Percentage-Point
	Increase		Decrease

Effect on total of service and interest cost		13.8%		(11.2%	)
Effect on postretirement benefit obligation		16.8%		(13.4%	)

Postemployment Benefit Plans

Components of Net Costs

Net postemployment costs consisted of the following for the years ended December 31, 2012, 2011 and 2010:


	2012			2011			2010
	(in millions)

Service cost	$	12		$	11		$	9
Interest cost		8			9			10
Amortization of net (gains) / losses		(3	)		(2	)		(2	)
Other		3			33			—
Net postemployment costs related to discontinued operations		(5	)		(2	)		(4	)

Net postemployment costs included in continuing operations	$	15		$	49		$	13

Changes in Accumulated Postemployment Benefit Obligations

The changes in and the amount of the accrued benefit obligation at December 31, 2012 and 2011 were:


	2012			2011
	(in millions)

Accrued benefit obligation at January 1	$	166		$	140
Service cost		12			11
Interest cost		8			9
Benefits paid		(44	)		(40	)
Assumption changes		7			4
Actuarial losses / (gains)		14			13
Impact of Spin-Off		(63	)		–
Other		–			29

Accrued benefit obligation at December 31	$	100		$	166

Net Pension Cost | Pension Plans

Weighted Average Assumptions

We used the following weighted-average assumptions to determine our net pension cost for the years ended December 31:


	U.S. Plans						Non-U.S. Plans
	2012		2011		2010		2012		2011		2010
Discount rate		4.56%		5.53%		5.85%		4.62%		5.11%		5.21%
Expected rate of return on plan assets		8.00%		7.95%		7.99%		6.47%		6.77%		6.68%
Rate of compensation increase		4.00%		4.00%		3.98%		3.58%		3.68%		3.59%

Benefit Obligation | Pension Plans

Weighted Average Assumptions

We used the following weighted-average assumptions to determine our benefit obligations under the pension plans at December 31:


	U.S. Plans				Non-U.S. Plans
	2012		2011		2012		2011

Discount rate		4.20%		4.85%		3.81%		4.62%
Expected rate of return on plan assets		7.75%		8.00%		6.08%		6.47%
Rate of compensation increase		4.00%		4.00%		3.47%		3.58%

Stock Plans (Tables)

12 Months Ended

Dec. 31, 2012

Weighted-Average Black-Scholes Fair Value Assumptions

Our weighted-average Black-Scholes fair value assumptions were:


	Risk-Free Interest Rate		Expected Life		Expected Volatility		Expected Dividend Yield		Fair Value at Grant Date

2012		1.16%		6 years		20.13%		3.08%	$	4.78
2011		2.34%		6 years		18.92%		3.72%	$	3.84
2010		2.82%		6 years		19.86%		4.14%	$	3.69

Stock Options Activity


	Shares Subject to Option			Weighted- Average Exercise Price		Average Remaining Contractual Term		Aggregate Intrinsic Value

Balance at January 1, 2012		49,598,867		$	28.87
Options granted		13,512,839			37.97
Options exercised		(8,168,062	)		26.39
Options cancelled		(2,440,601	)		30.20
Adjustment due to the Spin-Off ⁽¹⁾		249,996			19.59

Balance at December 31, 2012		52,753,039			20.45		7 years		$264 million

Exercisable at December 31, 2012		25,239,082			18.32		6 years		$180 million

(1)

Restricted And Deferred Stock

Restricted and Deferred Stock Activity


	Number of Shares			Weighted- Average Grant Date Fair Value Per Share

Balance at January 1, 2012		13,617,173		$	28.43
Granted		4,962,551			35.25
Vested		(5,007,098	)		24.80
Forfeited		(1,275,617	)		29.22
Adjustment due to the Spin-Off ⁽¹⁾		518,902			19.72

Balance at December 31, 2012		12,815,911			21.55

(1)

Capital Stock (Tables) (Common Class A)

12 Months Ended

Dec. 31, 2012

Common Class A

Authorized Common Stock Repurchase Programs

Shares of Class A common stock issued, in treasury and outstanding were:


	Shares Issued		Treasury Shares			Shares Outstanding

Balance at January 1, 2010		1,735,000,000		(257,115,097	)		1,477,884,903
Shares issued		261,537,778		–			261,537,778
Exercise of stock options and issuance of other stock awards		–		8,643,868			8,643,868

Balance at December 31, 2010		1,996,537,778		(248,471,229	)		1,748,066,549

Exercise of stock options and issuance of other stock awards		–		19,830,140			19,830,140

Balance at December 31, 2011		1,996,537,778		(228,641,089	)		1,767,896,689

Exercise of stock options and issuance of other stock awards		–		10,099,153			10,099,153

Balance at December 31, 2012		1,996,537,778		(218,541,936	)		1,777,995,842

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Provision for Income Taxes

Earnings / (losses) from continuing operations before income taxes and the provision for income taxes consisted of the following for the years ended December 31, 2012, 2011 and 2010:


	2012			2011			2010
	(in millions)

Earnings / (losses) from continuing operations before income taxes:
United States	$	(1,822	)	$	(1,308	)	$	(1,435	)
Outside United States		3,596			3,188			2,161

Total	$	1,774		$	1,880		$	726

Provision for income taxes:
United States federal:
Current	$	(421	)	$	(404	)	$	(853	)
Deferred		(37	)		10			410

		(458	)		(394	)		(443	)
State and local:
Current		(16	)		(38	)		(137	)
Deferred		(20	)		45			129

		(36	)		7			(8	)

Total United States		(494	)		(387	)		(451	)

Outside United States:
Current		893			1,008			642
Deferred		(192	)		(478	)		(137	)

Total outside United States		701			530			505

Total provision for income taxes	$	207		$	143		$	54

Changes in Unrecognized Tax Benefit

The changes in our unrecognized tax benefits for the years ended December 31, 2012, 2011 and 2010 were:


	2012			2011			2010
	(in millions)

January 1	$	1,538		$	1,281		$	829
Increases from positions taken during prior periods		110			222			49
Decreases from positions taken during prior periods		(198	)		(147	)		(146	)
Increases from positions taken during the current period		266			253			229
Increases from acquisition adjustments		–			–			357
Decreases relating to settlements with taxing authorities		(250	)		(17	)		(19	)
Reductions resulting from the lapse of the applicable statute of limitations		(20	)		(14	)		(10	)
Impact of Spin-Off		(261	)		–			–
Currency / other		(2	)		(40	)		(8	)

December 31	$	1,183		$	1,538		$	1,281

Effective Income Tax Rate

The effective income tax rate on pre-tax earnings differed from the U.S. federal statutory rate for the following reasons for the years ended December 31, 2012, 2011 and 2010:


	2012		2011		2010

U.S. federal statutory rate		35.0%		35.0%		35.0%
Increase / (decrease) resulting from:
State and local income taxes, net of federal tax benefit excluding IRS audit impacts		(0.9%)		0.2%		(0.9%)
Foreign rate differences		(20.5%)		(20.8%)		(16.8%)
Federal and state tax impacts related to IRS audit settlements		(0.4%)		0.1%		(8.4%)
Reversal of other tax accruals no longer required		(3.1%)		(4.9%)		(9.6%)
U.S. Health Care Legislation		–		–		7.9%
Tax Legislation		(3.9%)		(3.8%)		(6.3%)
Non-deductible expenses		3.6%		1.9%		8.1%
Other		1.9%		(0.1%)		(1.6%)

Effective tax rate		11.7%		7.6%		7.4%

Deferred Tax Assets and Liabilities Temporary Differences

The tax effects of temporary differences that gave rise to deferred income tax assets and liabilities consisted of the following at December 31, 2012 and 2011:


	2012			2011
	(in millions)

Deferred income tax assets:
Accrued postretirement and postemployment benefits	$	157		$	1,276
Accrued pension costs		678			1,007
Other		2,360			3,124

Total deferred income tax assets		3,195			5,407

Valuation allowance		(429	)		(467	)

Net deferred income tax assets	$	2,766		$	4,940


Deferred income tax liabilities:
Trade names	$	(6,422	)	$	(7,565	)
Property, plant and equipment		(976	)		(2,084	)
Other		(967	)		(1,025	)

Total deferred income tax liabilities		(8,365	)		(10,674	)

Net deferred income tax liabilities	$	(5,599	)	$	(5,734	)

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References+ Details

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Basic and Diluted Earnings Per Share

Basic and diluted EPS from continuing and discontinued operations were calculated using the following:


	For the Years Ended December 31,
	2012		2011		2010
	(in millions, except per share data)

Earnings from continuing operations	$	1,567	$	1,737	$	672
Earnings from discontinued operations, net of income taxes		1,488		1,810		3,467

Net earnings		3,055		3,547		4,139
Noncontrolling interest		27		20		25

Net earnings attributable to Mondelēz International	$	3,028	$	3,527	$	4,114

Weighted-average shares for basic EPS		1,777		1,765		1,715
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares		12		7		5

Weighted-average shares for diluted EPS		1,789		1,772		1,720

Basic earnings per share attributable to Mondelēz International:
Continuing operations	$	0.87	$	0.97	$	0.38
Discontinued operations		0.83		1.03		2.02

Net earnings attributable to Mondelēz International	$	1.70	$	2.00	$	2.40

Diluted earnings per share attributable to Mondelēz International:
Continuing operations	$	0.86	$	0.97	$	0.38
Discontinued operations		0.83		1.02		2.01

Net earnings attributable to Mondelēz International	$	1.69	$	1.99	$	2.39

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2012

Net Revenues by Segment

Our segment net revenues and earnings were:


	For the Years Ended December 31,
	2012		2011		2010
	(in millions)

Net revenues:
Developing Markets	$	15,655	$	15,621	$	13,420
Europe		12,457		13,356		11,628
North America		6,903		6,833		6,441

Net revenues	$	35,015	$	35,810	$	31,489

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

	For the Years Ended December 31,
	2012			2011			2010
	(in millions)
Earnings from continuing operations before income taxes:
Operating income:
Developing Markets	$	2,067		$	2,003		$	1,533
Europe		1,613			1,406			1,115
North America		873			863			805
Unrealized gains / (losses) on hedging activities		1			(36	)		38
Certain U.S. pension plan costs		(92	)		(76	)		(56	)
General corporate expenses		(714	)		(437	)		(511	)
Amortization of intangibles		(217	)		(225	)		(210	)
Gains on divestitures, net		107			–			–
Acquisition-related costs		(1	)		–			(218	)

Operating income		3,637			3,498			2,496
Interest and other expense, net		(1,863	)		(1,618	)		(1,770	)

Earnings from continuing operations before income taxes	$	1,774		$	1,880		$	726

Total Assets, Depreciation Expense And Capital Expenditure By Segment

Total assets, depreciation expense and capital expenditures by segment were:


	As of December 31,
	2012		2011		2010
	(in millions)

Total assets:
Developing Markets	$	25,608	$	24,559	$	25,738
Europe		25,801		24,525		24,261
North America		22,098		41,862		42,886
Unallocated assets ⁽¹⁾		1,971		2,891		2,404

Total assets	$	75,478	$	93,837	$	95,289

(1)


	For the Years Ended December 31,
	2012		2011		2010
	(in millions)

Depreciation expense:
Developing Markets	$	317	$	337	$	320
Europe		326		354		355
North America		224		205		201

Total – continuing operations		867		896		876
Discontinued operations		261		364		353

Total depreciation expense	$	1,128	$	1,260	$	1,229


	For the Years Ended December 31,
	2012		2011		2010
	(in millions)

Capital expenditures:
Developing Markets	$	761	$	713	$	607
Europe		350		378		334
North America		217		279		272

Total – continuing operations		1,328		1,370		1,213
Discontinued operations		282		401		448

Total capital expenditures	$	1,610	$	1,771	$	1,661

Net Revenues by Consumer Sector

Net revenues by consumer sector were:


	For the Year Ended December 31, 2012
	Developing Markets		Europe		North America		Total
	(in millions)

Biscuits	$	3,511	$	2,426	$	5,212	$	11,149
Chocolate		4,502		4,518		336		9,356
Gum & Candy		3,085		973		1,280		5,338
Beverages		2,880		2,962		1		5,843
Cheese & Grocery		1,677		1,578		74		3,329

Total net revenues	$	15,655	$	12,457	$	6,903	$	35,015


	For the Year Ended December 31, 2011
	Developing Markets		Europe		North America		Total
	(in millions)

Biscuits	$	3,359	$	2,598	$	5,031	$	10,988
Chocolate		4,554		4,659		352		9,565
Gum & Candy		3,215		1,126		1,351		5,692
Beverages		2,897		3,158		2		6,057
Cheese & Grocery		1,596		1,815		97		3,508

Total net revenues	$	15,621	$	13,356	$	6,833	$	35,810


	For the Year Ended December 31, 2010
	Developing Markets		Europe		North America		Total
	(in millions)

Biscuits	$	2,796	$	2,323	$	4,711	$	9,830
Chocolate		3,770		4,211		295		8,276
Gum & Candy		2,894		1,023		1,309		5,226
Beverages		2,517		2,511		2		5,030
Cheese & Grocery		1,443		1,560		124		3,127

Total net revenues	$	13,420	$	11,628	$	6,441	$	31,489

Net Revenues by Geographic Segment

Geographic data for net revenues and long-lived assets were:


	For the Years Ended December 31,
	2012		2011		2010
	(in millions)

Net revenues:
United States	$	5,974	$	5,848	$	5,485
Other		29,041		29,962		26,004

Total net revenues	$	35,015	$	35,810	$	31,489

Long-Lived Assets by Geographic Segment

	As of December 31,
	2012		2011		2010
	(in millions)

Long-lived assets:
United States	$	18,176	$	35,093	$	35,200
Other		41,680		42,542		43,868

Total long-lived assets	$	59,856	$	77,635	$	79,068

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

+ References+ Details

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

+ References+ Details

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2012

Quarterly Statement of Income


	2012 Quarters
	First		Second		Third		Fourth
	(in millions, except per share data)

Net revenues	$	8,667	$	8,527	$	8,326	$	9,495
Gross profit	$	3,195	$	3,211	$	3,120	$	3,550
Earnings from continuing operations	$	339	$	490	$	177	$	561
Earnings / (losses) from discontinued operations, net of income taxes		480		544		482		(18	)

Net earnings		819		1,034		659		543
Noncontrolling interest		6		5		7		9

Net earnings attributable to Mondelēz International	$	813	$	1,029	$	652	$	534


Weighted-average shares for diluted EPS		1,783		1,786		1,789		1,793

Per share data:
Basic EPS attributable to Mondelēz International:
Continuing operations	$	0.19	$	0.27	$	0.10	$	0.31
Discontinued operations		0.27		0.31		0.27		(0.01	)

Net earnings attributable to Mondelēz International	$	0.46	$	0.58	$	0.37	$	0.30

Diluted EPS attributable to Mondelēz International:
Continuing operations	$	0.19	$	0.27	$	0.10	$	0.31
Discontinued operations		0.27		0.31		0.26		(0.01	)

Net earnings attributable to Mondelēz International	$	0.46	$	0.58	$	0.36	$	0.30


Dividends declared	$	0.29	$	0.29	$	0.29	$	0.13

Market price⁽¹⁾ – high	$	39.06	$	39.99	$	42.44	$	42.54
– low	$	37.17	$	36.75	$	37.15	$	24.50

(1)	The first three quarters of 2012 and the fourth quarter 2012 market price-high in the table above reflect historical stock prices which were not adjusted to reflect the Kraft Foods Group Spin-Off.


	2011 Quarters
	First		Second		Third		Fourth
	(in millions, except per share data)

Net revenues	$	8,190	$	9,163	$	8,778	$	9,679
Gross profit	$	3,115	$	3,313	$	3,247	$	3,425
Earnings from continuing operations	$	325	$	445	$	508	$	459
Earnings from discontinued operations, net of income taxes		477		531		419		383

Net earnings		802		976		927		842
Noncontrolling interest		3		–		5		12

Net earnings attributable to Mondelēz International	$	799	$	976	$	922	$	830


Weighted-average shares for diluted EPS		1,760		1,771		1,777		1,779

Per share data:
Basic EPS attributable to Mondelēz International:
Continuing operations	$	0.18	$	0.25	$	0.28	$	0.25
Discontinued operations		0.28		0.30		0.24		0.22

Net earnings attributable to Mondelēz International	$	0.46	$	0.55	$	0.52	$	0.47

Diluted EPS attributable to Mondelēz International:
Continuing operations	$	0.18	$	0.25	$	0.28	$	0.25
Discontinued operations		0.27		0.30		0.24		0.22

Net earnings attributable to Mondelēz International	$	0.45	$	0.55	$	0.52	$	0.47


Dividends declared	$	0.29	$	0.29	$	0.29	$	0.29

Market price⁽¹⁾ – high	$	32.20	$	35.47	$	36.30	$	37.93
– low	$	30.21	$	31.35	$	32.63	$	31.88

(1)	Market prices in the table above reflect historical stock prices which were not adjusted to reflect the Kraft Foods Group Spin-Off.

Pre-Tax Charges/(Gains) in Earnings From Continuing Operations

During 2012, we recorded the following pre-tax charges / (gains) in earnings from continuing operations:


	2012 Quarters
	First		Second		Third		Fourth
	(in millions)

Asset impairment and exit costs	$	44	$	27	$	13	$	69
(Gains) / losses on divestitures, net		–		–		–		(107	)

	$	44	$	27	$	13	$	(38	)

During 2011, we recorded the following pre-tax charges / (gains) in earnings from continuing operations:


	2011 Quarters
	First		Second		Third			Fourth
	(in millions)

Asset impairment and exit costs	$	–	$	–	$	(5	)	$	–
(Gains) / losses on divestitures, net		–		–		–			–

	$	–	$	–	$	(5	)	$	–

Summary of Significant Accounting Policies - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	1 Months Ended	12 Months Ended				3 Months Ended		12 Months Ended			12 Months Ended
	Oct. 02, 2012	Dec. 31, 2012 Country	Dec. 31, 2011	Dec. 31, 2010	Jan. 02, 2010	Mar. 31, 2013 Scenario, Forecast	Feb. 08, 2013 Scenario, Forecast	Dec. 31, 2010 One-Time Charge	Dec. 31, 2012 United States Environmental Matters	Dec. 31, 2011 United States Environmental Matters	Dec. 31, 2012 Machinery and Equipment Minimum	Dec. 31, 2012 Machinery and Equipment Maximum	Dec. 31, 2012 Buildings and Building Improvements Maximum	Dec. 31, 2012 Software and Software Development Maximum
Summary Of Significant Accounting Policies [Line Items]
Number of countries in which entity operates		165
Percentage of shares divested	100.00%
Change in accounting policy effect of change on net revenue			$ 679	$ 193
Change in accounting policy effect of change on operating results			93	23
Foreign currency exchange rate translation					4.30		6.30
Foreign currency impacts relating to highly inflationary accounting				115		30		34
Useful life, in years											3 years	20 years	40 years	7 years
Advertising expense		1,815	1,860	1,729
Research and development expense		$ 462	$ 511	$ 404
Active proceeding subsidiaries are involved in									1	68

Summary Results of Operations (Detail) (USD $)
In Millions, unless otherwise specified

3 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2011

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Sep. 30, 2012

Kraft Foods Group

Dec. 31, 2011

Kraft Foods Group

Dec. 31, 2010

Kraft Foods Group

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Net revenues

$ 13,768

$ 18,555

$ 17,718

Earnings before income taxes

2,266

2,892

2,916

Provision for income taxes

778

1,082

1,093

Earnings and gain from discontinued operations, net of income taxes

1,596

1,644

^[1]

Earnings from discontinued operations, net of income taxes

$ (18)

$ 482

$ 544

$ 480

$ 383

$ 419

$ 531

$ 477

$ 1,488

$ 1,810

$ 3,467

$ 1,488

$ 1,810

$ 3,467

[1]	On March 1, 2010, Kraft Foods Group completed the sale of the assets of the North American frozen pizza business to Nestlē USA, Inc. The earnings through March 1, 2010 and the gain were included in discontinued operations for Kraft Foods Group for the year ended December 31, 2010.

- Definition

Amount of gain (loss), after tax expense or benefit and not previously recognized, resulting from the sale of a business component.

+ References+ Details

- Definition

Overall income (loss) from a disposal group that is classified as a component of the entity, before income tax, reported as a separate component of income before extraordinary items. Includes the following (before income tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References+ Details

- Definition

Tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items. Includes the tax effects of the following: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

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+ Details

- Definition

Amount of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

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-Name Regulation S-X (SX)

-Number 210

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-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 15

-Article 5

+ Details

Divestitures and Acquisitions - Additional Information (Detail)	3 Months Ended	12 Months Ended				12 Months Ended			1 Months Ended	12 Months Ended						1 Months Ended		9 Months Ended	12 Months Ended			12 Months Ended
	Dec. 31, 2012 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Jan. 02, 2010	Dec. 31, 2012 Accumulated Other Comprehensive Income (Loss) USD ($)	Dec. 31, 2012 Additional Paid-in Capital USD ($)	Dec. 31, 2012 Retained Earnings USD ($)	Jun. 01, 2010 Cadbury USD ($)	Dec. 31, 2011 Cadbury USD ($)	Dec. 31, 2010 Cadbury USD ($)	Dec. 31, 2009 Cadbury USD ($)	Feb. 02, 2010 Cadbury USD ($)	Feb. 02, 2010 Cadbury GBP (£)	Jun. 01, 2010 Cadbury Remaining	Nov. 30, 2012 Kraft Foods Group USD ($)	Oct. 02, 2012 Kraft Foods Group USD ($)	Oct. 02, 2012 Kraft Foods Group USD ($)	Dec. 31, 2011 Kraft Foods Group USD ($)	Dec. 31, 2010 Kraft Foods Group USD ($)	Dec. 31, 2012 Kraft Foods Group USD ($)	Dec. 31, 2012 Kraft Foods Group Accumulated Other Comprehensive Income (Loss) USD ($)	Dec. 31, 2012 Kraft Foods Group Additional Paid-in Capital USD ($)	Dec. 31, 2012 Kraft Foods Group Retained Earnings USD ($)
Acquisitions And Divestitures [Line Items]
Corporate overheads, information systems and sales force support costs																		$ 150,000,000	$ 236,000,000	$ 209,000,000
Net assets divested in the Spin-Off		(4,358,000,000)				4,308,000,000	89,000,000	(8,755,000,000)									4,358,000,000					4,308,000,000	89,000,000	8,755,000,000
Net assets divested in the Spin-Off, net of cash																	4,111,000,000	4,111,000,000
Payment for targeted cash flows in connection with the Spin-Off																163,000,000
Cash divested																	247,000,000	247,000,000
Cash transferred to Kraft Foods Group in connection with the Spin-Off																410,000,000
Workers' compensation Liabilities																140,000,000
Settlement of net trade payables and receivables																95,000,000
Receivable related to the cash settlement of stock awards held by employees																					55,000,000
Spin-Off costs		1,053,000,000	46,000,000
Percentage of Cadbury shares acquired									100.00%				71.73%	71.73%	28.27%
Cadbury value													18,547,000,000	11,600,000,000
Kraft Foods common stock average price per share													$ 28.36
Foreign currency exchange rate translation					4.30								1.595	1.595
Business acquisition cost of acquired entity purchase price excluding noncontrolling interest													13,100,000,000
Value of Cadbury acquisition attributable to noncontrolling interest													5,400,000,000
Business acquisition cost remaining shares									5,400,000,000
Gain on noncontrolling interest acquired									38,000,000
Transaction related fees		1,000,000		218,000,000						251,000,000	218,000,000	40,000,000
Acquisition financing fees											96,000,000
Proceeds from divestiture of businesses											342,000,000
Cadbury net revenues											9,143,000,000
Cadbury net earnings											530,000,000
Cadbury acquisition value, net of cash and cash equivalents													17,503,000,000
Proceeds from sale of operations		200,000,000		4,039,000,000
Pre-tax gain (loss)	$ 107,000,000	$ 107,000,000

Interest Expense Relating to Debt including Results from Discontinued Operations (Detail) (USD $) In Millions, unless otherwise specified	9 Months Ended	12 Months Ended
	Oct. 02, 2012	Dec. 31, 2011	Dec. 31, 2010
Debt Instrument [Line Items]
Interest expense	$ 278	$ 267	$ 254
Senior unsecured notes
Debt Instrument [Line Items]
Interest expense	70
Debt
Debt Instrument [Line Items]
Interest expense	171	226	216
7.55% senior unsecured notes
Debt Instrument [Line Items]
Interest expense	24	31	31
Capital leases and other
Debt Instrument [Line Items]
Interest expense	$ 13	$ 10	$ 7

- Definition

Amount of interest expense allocated to disposal group, including a discontinued operation.

+ References+ Details

Interest Expense Relating to Debt including Results from Discontinued Operations (Parenthetical) (Detail) (USD $) In Millions, unless otherwise specified	1 Months Ended		1 Months Ended
	Oct. 02, 2012	Jan. 10, 2012	Jun. 04, 2012 Senior unsecured notes	Jul. 18, 2012 Debt	Oct. 02, 2012 7.55% senior unsecured notes
Debt Instrument [Line Items]
Debt transferred in Spin-Off	$ 10,000		$ 6,000	$ 3,600
Debt instrument, principal amount		$ 800			$ 400

Assets and Liabilities Distributed (Detail) (USD $) In Millions, unless otherwise specified	Oct. 02, 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Deferred income taxes	$ 2,146
Kraft Foods Group
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash	247
Receivables	1,685
Inventories, net	2,099
Deferred income taxes	338
Other current assets	168
Property, plant and equipment, net	4,211
Goodwill	11,911
Intangible assets, net	2,632
Prepaid pension assets	16
Other assets	856
Assets of Disposal Group, Including Discontinued Operation, Total	24,163
Current portion of long-term debt	6
Accounts payable	1,798
Accrued marketing	463
Accrued employment costs	190
Other current liabilities	751
Long-term debt	9,965
Deferred income taxes	874
Accrued pension costs	2,026
Accrued postretirement health care costs	3,316
Other liabilities	416
Liabilities of Disposal Group, Including Discontinued Operation, Total	19,805
Net assets divested in the Spin-Off	$ 4,358

Pro Forma Summary (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2010
Business Acquisition, Pro Forma Information [Line Items]
Net revenues	$ 32,052
Net earnings attributable to Mondelez International	$ 2,115

Assets And Liabilities Acquired (Detail) (Cadbury Acquisition Related, USD $)
In Millions, unless otherwise specified

Feb. 02, 2010

Cadbury Acquisition Related

Assets

Cash and cash equivalents

$ 1,044

Receivables

1,333

^[1]

Inventories, net

1,298

Other current assets

660

Property, plant and equipment, net

3,293

Goodwill

9,530

^[2]

Intangible assets, net

12,905

^[3]

Other assets

593

Business Acquisition, Purchase Price Allocation, Assets Acquired, Total

30,656

Liabilities

Short-term borrowings

1,206

Accounts payable

1,605

Other current liabilities

1,866

^[4]

Long-term debt

2,437

Deferred income taxes

3,218

Accrued pension costs

817

Other liabilities

927

Noncontrolling interest

Business Acquisition, Purchase Price Allocation, Liabilities Assumed, Total

12,109

Net assets acquired

$ 18,547

[1]	The gross amount of acquired receivables was $1,474 million, of which $141 million was reserved as uncollectable.
[2]	Goodwill will not be deductible for statutory tax purposes and is attributable to Cadbury's workforce and the significant synergies we expect from the acquisition.
[3]	We acquired $10.3 billion of indefinite-lived intangible assets, primarily trademarks, and $2.6 billion of amortizable intangible assets, primarily customer relationships and technology. Customer relationships will be amortized over approximately 13 years and technology will be amortized over approximately 12 years.
[4]	Within other current liabilities, a reserve for exposures related to taxes of approximately $70 million was established within our Developing Markets segment. The cumulative exposure was approximately $150 million at December 31, 2010.

Assets And Liabilities Acquired (Parenthetical) (Detail) (USD $)			1 Months Ended
	Dec. 31, 2010	Feb. 02, 2010	Feb. 02, 2010 Customer Relationships	Feb. 02, 2010 Technology	Dec. 31, 2010 Kraft Foods Developing Markets
Business Acquisition [Line Items]
Gross amount of acquired receivables		$ 1,474,000,000
Uncollectable receivables acquired		141,000,000
Intangible assets acquired, indefinite lived		10,300,000,000
Amortizable intangible assets acquired		2,600,000,000
Amortizable intangible assets acquired, useful life, in years			13 years	12 years
Cumulative exposure	$ 150,000,000				$ 70,000,000

- Definition

For receivables acquired in a business combination, excluding certain loans and debt securities acquired in a transfer (as defined), this element represents the best estimate at the acquisition date of the contractual cash flows not expected to be collected, by major class of receivable, such as loans, direct finance leases (as defined), and any other class of receivables.

+ References+ Details

- Definition

For receivables acquired in a business combination, excluding certain loans and debt securities acquired in a transfer (as defined), this element represents the gross contractual amounts receivable, by major class of receivable, such as loans, direct finance leases (as defined), and any other class of receivables.

+ References+ Details

Components of Inventories (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Inventory Disclosure [Line Items]
Raw materials	$ 1,213	$ 1,800
Finished product	2,528	3,906
Inventories, net	$ 3,741	$ 5,706

Property, Plant and Equipment (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 16,856	$ 23,932
Accumulated depreciation	(6,846)	(10,119)
Property, plant and equipment, net	10,010	13,813
Land and Land Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	643	768
Buildings and Building Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,199	4,997
Machinery and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	11,992	16,934
Construction in Progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,022	$ 1,233

- Definition

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

+ References+ Details

- Definition

Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References+ Details

- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References+ Details

Property, Plant and Equipment - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended			3 Months Ended	12 Months Ended	3 Months Ended	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2010	Dec. 31, 2012 2012-2014 Restructuring Program	Mar. 31, 2012 Developing Markets	Dec. 31, 2012 Developing Markets	Mar. 31, 2012 Developing Markets Buildings and Building Improvements	Dec. 31, 2010 Biscuit Plant and Related Property, Plant and Equipment in France	Oct. 02, 2012 Kraft Foods Group
Property, Plant and Equipment [Line Items]
Property, plant and equipment, divested with the Spin-Off								$ 4,211
Divested in property				72	72	17
Pretax gain loss within selling, general and administrative expenses				55	55
Asset impairment charges	$ 126	$ 55	$ 18				$ 12

- Definition

The charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

+ References+ Details

- Definition

For the disposal group, including a component of the entity (discontinued operation), carrying value (net of accumulated depreciation and any write-downs) of tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details

- Definition

The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.

+ References+ Details

Schedule of Goodwill by Reportable Segment (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information [Line Items]
Goodwill	$ 25,801	$ 37,297	$ 37,856
Developing Markets
Segment Reporting Information [Line Items]
Goodwill	7,450	7,463
Europe
Segment Reporting Information [Line Items]
Goodwill	9,245	9,003
North America
Segment Reporting Information [Line Items]
Goodwill	$ 9,106	$ 20,831

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 68

-Subparagraph l

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph e

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 43

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 72

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph e

-Clause 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 34

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Intangible Assets (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Intangible Assets [Line Items]
Non-amortizable intangible assets	$ 20,408	$ 22,859
Amortizable intangible assets	2,861	2,853
Total intangible assets, gross	23,269	25,712	26,279
Accumulated amortization	(717)	(526)
Intangible assets, net	$ 22,552	$ 25,186

Goodwill And Intangible Assets - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended				1 Months Ended	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2012 Weighted Average	Oct. 02, 2012 Kraft Foods Group	Dec. 31, 2012 German and Belgian Dinners and Sauces Grocery and Italian Canned Meat	Dec. 31, 2012 U.S. Confections	Dec. 31, 2012 Europe Biscuits
Goodwill and Intangible Assets Disclosure [Line Items]
Life of our amortizable intangible assets (in years)				13 years 2 months 12 days
Amortization expense	$ 217	$ 225	$ 210
Estimated amortization expense for each of the next five years	218
Divestiture, goodwill					11,911
Divestiture, intangible assets	2,669				2,666
Goodwill written off for the sale of businesses	11,932					21
Asset impairment charges related to trademark on a Japanese chewing gum product	52
Acquisition of intangible assets	14
Goodwill	$ 25,801	$ 37,297	$ 37,856				$ 2,177	$ 2,569
Percentage of fair value in excess of carrying value of net assets							9.00%	16.00%

Changes in Goodwill and Intangible Assets (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Goodwill And Intangible Assets [Line Items]
Goodwill beginning balance	$ 37,297	$ 37,856
Foreign currency	436	(559)
Divestitures	(11,932)
Asset impairments
Acquisitions
Other
Goodwill ending balance	25,801	37,297
Intangible Assets, at cost beginning balance	25,712	26,279
Foreign currency, Intangible Assets, at Cost	262	(567)
Divestitures, Intangible Assets, at cost	(2,669)
Asset impairments, Intangible Assets, at Cost	(52)
Acquisitions, Intangible Assets, at Cost	14
Other	2
Intangible Assets, at cost ending balance	$ 23,269	$ 25,712

2012-2014 Restructuring Program - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended			1 Months Ended		12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Oct. 23, 2012 2012-2014 Restructuring Program	Mar. 14, 2012 2012-2014 Restructuring Program	Dec. 31, 2012 2012-2014 Restructuring Program	Dec. 31, 2012 2012-2014 Restructuring Program Implementation Costs	Dec. 31, 2012 2012-2014 Restructuring Program Kraft Foods Group	Dec. 31, 2012 2012-2014 Restructuring Program Parent Company	Dec. 31, 2014 Scenario, Forecast 2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring and related activities, authorized amount				$ 400	$ 1,100					$ 1,500
Restructuring and related cost, expected cost								575	925
Restructuring charges	21	61	117			102
Cash spent						33
Non-cash settlements						33
Restructuring liability						36
Implementation costs						$ 8	$ 8

- Definition

Amount expected to be charged against earnings in the current and future periods for the specified restructuring cost.

+ References+ Details

- Definition

Amount charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations.

+ References+ Details

- Definition

Carrying amount as of the balance sheet date of known and estimated obligations associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, which are expected to be paid in the next twelve months or in the normal operating cycle if longer. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, relocating employees, and costs associated with an ongoing benefit arrangement, but excludes costs associated with the retirement of a long-lived asset.

+ References+ Details

- Definition

Amount of cash paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost.

+ References+ Details

- Definition

Amount of consideration other than cash paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost.

+ References+ Details

Schedule of Restructuring Costs (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Restructuring Cost and Reserve [Line Items]
Charges	$ 21	$ 61	$ 117
2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period
Charges	102
Cash spent	(33)
Non-cash settlements	(33)
Balance at end of period	36
Employee Severance \| 2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period
Charges	84
Cash spent	(33)
Non-cash settlements	(15)
Balance at end of period	36
Asset Write-Downs \| 2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period
Charges	18
Non-cash settlements	(18)
Balance at end of period

- Definition

+ References+ Details

- Definition

Amount of cash paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost.

+ References+ Details

- Definition

Amount of consideration other than cash paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost.

+ References+ Details

Restructuring and Implementation Costs (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	$ 21	$ 61	$ 117
2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	102
Implementation costs	8
Total	110
2012-2014 Restructuring Program \| Developing Markets
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	7
Total	7
2012-2014 Restructuring Program \| Europe
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	6
Total	6
2012-2014 Restructuring Program \| North America
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	89
Implementation costs	8
Total	$ 97

- Definition

+ References+ Details

Integration Program and Cost Saving Initiatives- Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Restructuring Cost and Reserve [Line Items]
Charges incurred	$ 21	$ 61	$ 117
Cost Savings Initiatives
Restructuring Cost and Reserve [Line Items]
Charges incurred		15
Integration Program
Restructuring Cost and Reserve [Line Items]
Expected cost savings to be recognized	750		750
Restructuring and related cost, expected cost	1,500
Restructuring and related cost, costs incurred to date	1,300
Annual costs savings	800
Charges incurred	140	521	646
Integration Program \| Gross
Restructuring Cost and Reserve [Line Items]
Charges incurred	185
Integration Program \| Europe
Restructuring Cost and Reserve [Line Items]
Restructuring charges, reversed	$ 45

- Definition

Amount of costs incurred to date for the specified type of restructuring cost.

+ References+ Details

- Definition

Amount expected to be charged against earnings in the current and future periods for the specified restructuring cost.

+ References+ Details

- Definition

+ References+ Details

- Definition

Amount of any reversal and other adjustment made during the period to the amount of a previously accrued liability for a specified type of restructuring cost, excluding adjustments for costs incurred during the period, costs settled during the period, and foreign currency translation adjustments.

+ References+ Details

Schedule of Liability Activity for Integration Programs (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Integration Program [Line Items]
Charges	$ 21	$ 61	$ 117
Integration Program
Integration Program [Line Items]
Balance at beginning of period	346	406
Charges	140	521	646
Cash spent	(281)	(554)
Currency / other	(3)	(27)
Balance at end of period	$ 202	$ 346	$ 406

- Definition

+ References+ Details

- Definition

Amount of cash paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost.

+ References+ Details

Short-Term Borrowings (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Short-term Debt [Line Items]
Amount Outstanding	$ 274	$ 182
Bank Loans
Short-term Debt [Line Items]
Amount Outstanding	$ 274	$ 182
Weighted-Average Year-End Rate	7.20%	10.70%

- Definition

Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

+ References+ Details

Debt And Borrowings Arrangements - Additional Information (Detail) In Millions, unless otherwise specified	1 Months Ended			12 Months Ended						1 Months Ended				1 Months Ended	12 Months Ended	1 Months Ended													12 Months Ended
	Oct. 02, 2012 USD ($)	Sep. 24, 2012 USD ($)	Jan. 10, 2012 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2012 International Subsidiaries USD ($)	Dec. 31, 2011 International Subsidiaries USD ($)	Oct. 02, 2012 7.55% senior unsecured notes USD ($)	Jun. 04, 2012 Senior unsecured notes USD ($)	Jul. 18, 2012 Debt USD ($)	Oct. 02, 2012 Notes (USD) USD ($)	Dec. 31, 2012 Notes (USD)	Jun. 04, 2012 Kraft Foods Group USD ($)	Dec. 31, 2012 Line of Credit USD ($)	Oct. 02, 2012 Canadian Dollar Variable Rate Loan USD ($)	Jun. 01, 2012 6.25% Senior Notes USD ($)	Mar. 20, 2012 5.75% bonds EUR (€)	Nov. 01, 2011 5.625% Senior Notes USD ($)	Jul. 18, 2012 Debt Exchange USD ($)	Jul. 18, 2012 Debt Exchange 6.125% Exchanged notes, due February 2018 USD ($)	Jul. 18, 2012 Debt Exchange 6.125% Exchanged notes, due August 2018 USD ($)	Jul. 18, 2012 Debt Exchange 5.375 % Exchanged notes, due February 2020 USD ($)	Jul. 18, 2012 Debt Exchange 6.875% Exchanged notes, due January 2039 USD ($)	Jul. 18, 2012 Debt Exchange 6.875% Exchanged notes, due February 2038 USD ($)	Jul. 18, 2012 Debt Exchange 7.000% Exchanged notes, due August 2037 USD ($)	Jul. 18, 2012 Debt Exchange 6.500% Exchanged notes, due November 2031 USD ($)	Jul. 18, 2012 Debt Exchange 6.500% Exchanged notes, due 2040 USD ($)	Dec. 31, 2012 Revolving Credit Facility USD ($)
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity							$ 2,400	$ 2,300																					$ 4,500
Line of credit facility expiration date																													2015-04
Line of credit facility outstanding amount							274	182																					0
Revolving credit facility debt covenant															28,600
Total shareholders' equity, excluding accumulated other comprehensive earnings / (losses)															34,800
Repayment of debt		800		4,495	1,114	2,134										150	900	2,000	1,100
Debt transferred in Spin-Off	10,000									6,000	3,600	400
Debt instrument, principal amount			800						400					6,000
Debt instrument interest rate									7.55%												6.125%	6.125%	5.375%	6.875%	6.875%	7.00%	6.50%	6.50%
Debt exchanged for new debt																				3,600
Acquisition and divestiture related financing fees				609		251														18
Debt instrument repurchased, principal amount																					596	439	900	233	290	185	170	787
Debt instrument expiration																					2018-02	2018-08	2020-02	2039-01	2038-02	2037-08	2031-11
Debt instrument expiration													2040															2040
Net proceeds from the issuance of notes			798.8											5,900.0
Repayment of outstanding commercial paper borrowings														3,600
Deferred Finance Costs Net														260
Debt instrument, maturity date			Jul. 10, 2013
Variable interest rate			0.875%
Redemption price		100.00%
Accrued interest		2
Fair value of total debt				22,946	31,113
Carrying value of total debt				19,425	26,931
Other expense related to interest rate swaps				$ 556	$ 157

Long-Term Debt (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Schedule Of Debt Instruments [Line Items]
U.S. Dollar notes	$ 16,887	$ 21,766
Euro notes	1,119	3,690
Sterling notes	1,109	1,074
Other foreign currency obligations	32	178
Capital leases and other	4	41
Total	19,151	26,749
Less current portion of long-term debt	(3,577)	(3,654)
Long-term debt	$ 15,574	$ 23,095

Long-Term Debt (Parenthetical) (Detail)	12 Months Ended
Long-Term Debt (Parenthetical) (Detail)	Dec. 31, 2012
Notes (USD)
Schedule Of Debt Instruments [Line Items]
Debt instrument, interest rate, effective percentage rate range, minimum	2.63%
Debt instrument, interest rate, effective percentage rate range, maximum	7.00%
Debt instrument, interest rate, effective percentage rate range, average	5.71%
Maturity date	2040
Euro Notes
Schedule Of Debt Instruments [Line Items]
Debt instrument, interest rate, effective percentage rate range, minimum	6.25%
Debt instrument, interest rate, effective percentage rate range, average	6.33%
Maturity date	2015
Pound Sterling Notes
Schedule Of Debt Instruments [Line Items]
Debt instrument, interest rate, effective percentage rate range, minimum	5.38%
Debt instrument, interest rate, effective percentage rate range, maximum	7.25%
Debt instrument, interest rate, effective percentage rate range, average	4.94%
Maturity date	2018

Aggregate Maturities of Debt Based on Stated Contractual Maturities (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012
Debt Instrument [Line Items]
2013	$ 3,569
2014	990
2015	1,123
2016	1,764
2017	1,500
Thereafter	10,216
Total	$ 19,162

- Definition

Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

+ References+ Details

Interest and Other Expense, Net within Results of Continuing Operations (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Debt Instrument [Line Items]
Interest expense, debt	$ 1,177	$ 1,383	$ 1,540
Spin-Off-related financing fees and acquisition-related financing fees	609		251
Other expense / (income), net	77	235	(21)
Total interest and other expense, net	$ 1,863	$ 1,618	$ 1,770

- Definition

Interest expense on all other items not previously classified. For example, includes dividends associated with redeemable preferred stock of a subsidiary that is treated as a liability in the parent's consolidated balance sheet.

+ References+ Details

Fair Value of Derivative Instruments (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Derivatives, Fair Value [Line Items]
Asset Derivatives	$ 240	$ 583
Liability Derivatives	241	979
Derivatives Designated as Hedging Instruments
Derivatives, Fair Value [Line Items]
Asset Derivatives	25	92
Liability Derivatives	44	551
Derivatives Designated as Hedging Instruments \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	6	76
Liability Derivatives	10	5
Derivatives Designated as Hedging Instruments \| Commodity Contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	3	14
Liability Derivatives	34	27
Derivatives Designated as Hedging Instruments \| Interest Rate Contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	16	2
Liability Derivatives		519
Derivatives Not Designated as Hedging Instruments
Derivatives, Fair Value [Line Items]
Asset Derivatives	215	491
Liability Derivatives	197	428
Derivatives Not Designated as Hedging Instruments \| Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	16	13
Liability Derivatives	33	5
Derivatives Not Designated as Hedging Instruments \| Commodity Contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	106	392
Liability Derivatives	103	372
Derivatives Not Designated as Hedging Instruments \| Interest Rate Contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	93	86
Liability Derivatives	$ 61	$ 51

- Definition

Fair value of derivative asset, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.

+ References+ Details

- Definition

Fair value of derivative liability, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.

+ References+ Details

Schedule of Derivative Instruments Fair Values and Measurement Inputs (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Derivative [Line Items]
Derivative fair value net asset (liability)	$ (1)	$ (396)
Foreign Exchange Contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(21)	79
Commodity Contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(28)	7
Interest Rate Contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	48	(482)
Quoted Prices In Active Markets For Identical Assets (Level 1)
Derivative [Line Items]
Derivative fair value net asset (liability)	(53)	(41)
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Commodity Contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(53)	(41)
Significant Other Observable Inputs (Level 2)
Derivative [Line Items]
Derivative fair value net asset (liability)	52	(355)
Significant Other Observable Inputs (Level 2) \| Foreign Exchange Contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(21)	79
Significant Other Observable Inputs (Level 2) \| Commodity Contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	25	48
Significant Other Observable Inputs (Level 2) \| Interest Rate Contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	$ 48	$ (482)

Schedule of Cash Flow Hedges Effect on Accumulated Other Comprehensive Income, Net of Taxes (Detail) (Cash Flow Hedges, USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Cash Flow Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Accumulated gain / (loss) at January 1	$ (297)	$ 79	$ 101
Transfer of realized (gains) / losses in fair value to earnings	312	118	(25)
Unrealized gain / (loss) in fair value	(75)	(444)	(32)
Discontinued operations	(134)	(50)	35
Impact of Spin-Off	156
Accumulated gain / (loss) at December 31	$ (38)	$ (297)	$ 79

- Definition

Accumulated change, net of tax, in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses.

+ References+ Details

- Definition

The effective portion of net gain (loss) reclassified from accumulated other comprehensive income into income on derivative instruments designated and qualifying as hedging instruments.

+ References+ Details

- Definition

The effective portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments that was recognized in other comprehensive income during the current period.

+ References+ Details

Effects of Cash Flow Hedges (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Derivative Instruments, Gain (Loss) [Line Items]
Gains/ (losses) on amount excluded from effectiveness testing recognized in earnings	$ 556	$ 157
Cash Flow Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	(312)	(118)	25
Gains / (losses) recognized in OCI	(75)	(444)	(32)
Gains / (losses) on ineffectiveness recognized in earnings	(26)	(6)
Gains/ (losses) on amount excluded from effectiveness testing recognized in earnings	(556)	(173)
Cash Flow Hedges \| Foreign Exchange Contracts \| Intercompany Loans
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings		2	10
Gains / (losses) recognized in OCI		1	2
Cash Flow Hedges \| Foreign Exchange Contracts \| Forecasted Transactions
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	58	(38)	5
Gains / (losses) recognized in OCI	(16)	12	19
Cash Flow Hedges \| Commodity Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	(10)	19	11
Gains / (losses) recognized in OCI	(24)	(22)	37
Gains / (losses) on ineffectiveness recognized in earnings	(3)	(4)
Gains/ (losses) on amount excluded from effectiveness testing recognized in earnings		(17)
Cash Flow Hedges \| Interest Rate Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	(360)	(101)	(1)
Gains / (losses) recognized in OCI	(35)	(435)	(90)
Gains / (losses) on ineffectiveness recognized in earnings	(23)	(2)
Gains/ (losses) on amount excluded from effectiveness testing recognized in earnings	$ (556)	$ (156)

- Definition

The effective portion of net gain (loss) reclassified from accumulated other comprehensive income into income on derivative instruments designated and qualifying as hedging instruments.

+ References+ Details

- Definition

The effective portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments that was recognized in other comprehensive income during the current period.

+ References+ Details

Financial Instruments - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Derivative Instruments, Gain (Loss) [Line Items]
Recognized loss in interest and other expenses, net	$ 556	$ 157
Interest Rate Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Hedged forecasted transactions	34 years 2 months
Commodity Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Hedged forecasted transactions	12 months
Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Hedged forecasted transactions	11 months
Cash Flow Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Recognized loss in interest and other expenses, net	(556)	(173)
Cash Flow Hedges \| Interest Rate Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Recognized loss in interest and other expenses, net	(556)	(156)
Recognized loss, related to several interest rate swaps		157
Expected transfers of unrealized (gains) losses to earnings, within next 12 months	1
Cash Flow Hedges \| Commodity Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Recognized loss in interest and other expenses, net		(17)
Expected transfers of unrealized (gains) losses to earnings, within next 12 months	28
Cash Flow Hedges \| Foreign Exchange Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Expected transfers of unrealized (gains) losses to earnings, within next 12 months	$ 9

Economic Hedges (Detail) (Economic Hedges, USD $)
In Millions, unless otherwise specified

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Derivative Instruments, Gain (Loss) [Line Items]

Gain / (Loss) Recognized in Earnings

$ 117

$ 173

$ (301)

Interest Rate Contracts | Interest expense

Derivative Instruments, Gain (Loss) [Line Items]

Gain / (Loss) Recognized in Earnings

(3)

Commodity Contracts | Cost of Sales

Derivative Instruments, Gain (Loss) [Line Items]

Gain / (Loss) Recognized in Earnings

100

135

Forecasted Transactions | Interest expense

Derivative Instruments, Gain (Loss) [Line Items]

Gain / (Loss) Recognized in Earnings

(17)

Forecasted Transactions | Cost of Sales

Derivative Instruments, Gain (Loss) [Line Items]

Gain / (Loss) Recognized in Earnings

(11)

Forecasted Interest Payments | Intercompany Loans | Interest expense

Derivative Instruments, Gain (Loss) [Line Items]

Gain / (Loss) Recognized in Earnings

Cadbury Acquisition Related | Interest expense

Derivative Instruments, Gain (Loss) [Line Items]

Gain / (Loss) Recognized in Earnings

$ (395)

^[1]

[1]	The 2010 Cadbury acquisition related hedging losses were economically offset by $240 million of foreign exchange net gains on cash denominated in pound sterling, the Cadbury Bridge Facility and payable balances associated with the acquisition.

- Definition

The amount of net gains and losses recognized in income during the period on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges, on derivative instruments designated and qualifying as hedging instruments in cash flow hedges, and on derivative instruments not designated as hedging instruments.

+ References+ Details

Economic Hedges (Parenthetical) (Detail) (Cadbury, USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2010
Cadbury
Derivative Instruments, Gain (Loss) [Line Items]
Foreign exchange movement net gains	$ 240

- Definition

Aggregate realized and unrealized gain on foreign currency transactions included in net income. Includes gain on a foreign currency forward exchange contract. Does not include foreign currency transactions designated as hedges of net investment in a foreign entity or intercompany foreign currency transactions that are of a long-term nature. Gross of tax effect.

+ References+ Details

Hedges of Net Investments in Foreign Operations (Detail) (Net Investment Hedging, Currency Translation Adjustments, Foreign Exchange Contracts, USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Euro Notes
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) recognized in OCI	$ (41)	$ 77	$ 170
Pound Sterling Notes
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) recognized in OCI	$ (29)	$ 3	$ 7

- Definition

Current period adjustment in other comprehensive income reflecting gains or losses on foreign currency transactions that are designated as, and are effective as, hedges of a net investment in a foreign entity, net of tax effect.

+ References+ Details

Benefit Plans - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	1 Months Ended	12 Months Ended														12 Months Ended						1 Months Ended	12 Months Ended					12 Months Ended			12 Months Ended					12 Months Ended	1 Months Ended	12 Months Ended			1 Months Ended	12 Months Ended		1 Months Ended	12 Months Ended			9 Months Ended	12 Months Ended		1 Months Ended		9 Months Ended	12 Months Ended		1 Months Ended
	Oct. 02, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2012 U.S. Pension Plans	Dec. 31, 2011 U.S. Pension Plans	Dec. 31, 2010 U.S. Pension Plans	Dec. 31, 2012 Non-U.S. Pension Plans	Dec. 31, 2011 Non-U.S. Pension Plans	Dec. 31, 2010 Non-U.S. Pension Plans	Dec. 31, 2012 Non-U.S. Pension Plans Equity Securities	Dec. 31, 2012 Non-U.S. Pension Plans Fixed Income Securities	Dec. 31, 2012 Non-U.S. Pension Plans Real Estate And Other	Dec. 31, 2012 Non-U.S. Pension Plans Hedge Funds	Dec. 31, 2012 Non-U.S. Pension Plans Cash and Cash Equivalents	Dec. 31, 2012 Bakery And Confectionery Union And Industry International Pension Fund	Dec. 31, 2011 Bakery And Confectionery Union And Industry International Pension Fund	Dec. 31, 2010 Bakery And Confectionery Union And Industry International Pension Fund	Dec. 31, 2012 Individually Insignificant Multiemployer Plans	Dec. 31, 2011 Individually Insignificant Multiemployer Plans	Dec. 31, 2010 Individually Insignificant Multiemployer Plans	Oct. 02, 2012 Pension Plans	Dec. 31, 2012 Pension Plans	Dec. 31, 2011 Pension Plans	Dec. 31, 2010 Pension Plans	Dec. 31, 2012 Pension Plans Fixed Income Securities	Dec. 31, 2011 Pension Plans Fixed Income Securities	Dec. 31, 2012 Pension Plans U.S. Pension Plans	Dec. 31, 2011 Pension Plans U.S. Pension Plans	Dec. 31, 2010 Pension Plans U.S. Pension Plans	Dec. 31, 2012 Pension Plans U.S. Pension Plans Equity Securities	Dec. 31, 2012 Pension Plans U.S. Pension Plans Fixed Income Securities	Dec. 31, 2012 Pension Plans Non-U.S. Pension Plans	Dec. 31, 2011 Pension Plans Non-U.S. Pension Plans	Dec. 31, 2010 Pension Plans Non-U.S. Pension Plans	Dec. 31, 2012 Pension Plans U.S. And International Investment Grade Debt Securities Fixed Income Securities	Oct. 02, 2012 Postretirement Benefit Plans	Dec. 31, 2012 Postretirement Benefit Plans	Dec. 31, 2011 Postretirement Benefit Plans	Dec. 31, 2010 Postretirement Benefit Plans	Oct. 02, 2012 Postemployment Benefit Plans	Dec. 31, 2012 Postemployment Benefit Plans	Dec. 31, 2011 Postemployment Benefit Plans	Oct. 02, 2012 Kraft Foods Group	Dec. 31, 2012 Kraft Foods Group	Dec. 31, 2012 Kraft Foods Group U.S. Pension Plans	Dec. 31, 2012 Kraft Foods Group Non-U.S. Pension Plans	Oct. 02, 2012 Kraft Foods Group Individually Insignificant Multiemployer Plans	Dec. 31, 2011 Kraft Foods Group Individually Insignificant Multiemployer Plans	Dec. 31, 2010 Kraft Foods Group Individually Insignificant Multiemployer Plans	Oct. 02, 2012 Kraft Foods Group Pension Plans	Oct. 02, 2012 Kraft Foods Group Postretirement Benefit Plans	Oct. 02, 2012 Kraft Foods Group Postretirement Benefit Plans	Dec. 31, 2011 Kraft Foods Group Postretirement Benefit Plans	Dec. 31, 2010 Kraft Foods Group Postretirement Benefit Plans	Oct. 02, 2012 Kraft Foods Group Postemployment Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Reduction in benefit plan liabilities	$ 12,218																					$ 8,594						$ 7,207					$ 1,387				$ 3,561	$ 3,561			$ 63	$ 63
Reduction in pension assets	6,550																					6,550						5,486					1,064
Reduction in deferred taxes	2,146																					727															1,382				37			338
Reduction in accumulated comprehensive loss																																												3,810							2,917	877				16
Accumulated benefit obligation					1,218	6,971		9,453	9,207
Pension plans resulted in net pension liability		2,891	3,624
Settlement losses					113	105	118
Curtailment and settlement losses								9	8	11
Special termination benefit								13	6
Estimated from experience differences																							191															12
Estimated prior service cost																							4															11
Plan assets related to certain insurance contracts		79	152
Target Allocation on securities											40.00%	50.00%	10.00%																		60.00%	40.00%				95.00%
Fair value of plan assets		1,516	1,411	1,377										262	211								8,205	13,277		4,372	5,704	903	5,829	5,800			7,381	7,600	7,453
Employer contribution					349			329																				349	538				353	387												202	42
Employees contribution								24
Employer voluntary contribution		315																																											185
Estimated future employer contributions					8			309								27
Multiemployer pension plans																25	24	24	5	8	6		30	32	30													31	36	35								2	5	3			13	20	18
Percentage of surcharge on contribution																10.00%
Expense for defined contribution plans		74	62	56
Current portion of our accrued postretirement benefit obligation																																						8	215
Canadian postemployment plan, net liability																																										$ 29
Weighted-average discount rate																												4.20%	4.85%				3.81%	4.62%								4.00%	5.20%
Ultimate annual turnover rate																																										0.50%	0.50%
Increase in compensation cost																												4.00%	4.00%				3.47%	3.58%								4.00%	4.00%

Funded Status Of Pension Plans (Detail) (USD $) In Millions, unless otherwise specified	1 Months Ended	12 Months Ended		1 Months Ended			12 Months Ended
	Oct. 02, 2012	Dec. 31, 2012	Dec. 31, 2011	Oct. 02, 2012 Pension Plans	Dec. 31, 2012 Pension Plans	Dec. 31, 2011 Pension Plans	Dec. 31, 2012 U.S. Pension Plans	Dec. 31, 2012 U.S. Pension Plans Pension Plans	Dec. 31, 2011 U.S. Pension Plans Pension Plans	Dec. 31, 2010 U.S. Pension Plans Pension Plans	Dec. 31, 2012 Non-U.S. Pension Plans	Dec. 31, 2012 Non-U.S. Pension Plans Pension Plans	Dec. 31, 2011 Non-U.S. Pension Plans Pension Plans	Dec. 31, 2010 Non-U.S. Pension Plans Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Accrued benefit obligation at January 1								$ 7,472	$ 6,703			$ 9,581	$ 8,895
Service cost								142	146	145		172	170	162
Interest cost								275	364	368		425	458	419
Benefits paid								(241)	(304)			(459)	(470)
Settlements paid								(211)	(187)
Curtailment gain									(3)				(1)
Actuarial losses								1,157	744			1,060	588
Spin-Off impact	(12,218)			(8,594)				(7,207)				(1,387)
Currency												350	(95)
Other								2	9			44	36
Accrued benefit obligation at December 31								1,389	7,472	6,703		9,786	9,581	8,895
Fair value of plan assets at January 1		1,411	1,377		8,205	13,277		5,829	5,800			7,600	7,453
Actual return on plan assets		146	100					663	(18)			684	284
Contributions							349	349	538		329	353	387
Benefits paid								(241)	(304)			(459)	(470)
Settlements paid								(211)	(187)
Spin-Off impact	(6,550)			(6,550)				(5,486)				(1,064)
Currency		54	(6)									267	(54)
Other
Fair value of plan assets at December 31		1,516	1,411		8,205	13,277		903	5,829	5,800		7,381	7,600	7,453
Net pension liability recognized at December 31								$ (486)	$ (1,643)			$ (2,405)	$ (1,981)

Pension Plans Resulted in Net Pension Liability (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Defined Benefit Plan Disclosure [Line Items]
Prepaid pension assets	$ 18	$ 31
Other accrued liabilities	(24)	(58)
Accrued pension costs	(2,885)	(3,597)
Total	$ (2,891)	$ (3,624)

- Definition

This represents the noncurrent liability recognized in the balance sheet that is associated with the defined benefit pension plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.24)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2417-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2410-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=21915240&loc=d3e1703-114919

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 6

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

This represents the entire assets recognized in the balance sheet that are associated with the defined benefit plans.

+ References+ Details

Projected Benefit Obligations, Accumulated Benefit Obligations and Fair Value of Plan Assets (Detail) (Pension Plans, USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 1,389	$ 7,472
Accumulated benefit obligation	1,218	6,971
Fair value of plan assets	903	5,829
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	9,539	9,314
Accumulated benefit obligation	9,230	8,962
Fair value of plan assets	$ 7,119	$ 7,313

- Definition

If aggregate disclosures are presented, the aggregate pension accumulated benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented.

+ References+ Details

- Definition

If aggregate disclosures are presented, the aggregate fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented.

+ References+ Details

- Definition

If aggregate disclosures are presented, the aggregate projected benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented.

+ References+ Details

Weighted-Average Assumptions to Determine Benefit Obligations (Detail) (Pension Plans)	Dec. 31, 2012	Dec. 31, 2011
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.20%	4.85%
Expected rate of return on plan assets	7.75%	8.00%
Rate of compensation increase	4.00%	4.00%
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.81%	4.62%
Expected rate of return on plan assets	6.08%	6.47%
Rate of compensation increase	3.47%	3.58%

Components of Net Pension Cost (Detail) (Pension Plans, USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 142	$ 146	$ 145
Interest cost	275	364	368
Expected return on plan assets	(358)	(496)	(490)
Net loss from experience differences	253	225	170
Prior service cost	6	7	6
Other expenses	113	105	123
Net periodic benefit cost	168	118	92
U.S. Pension Plans \| Segment, Discontinued Operations
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost	(263)	(233)	(230)
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	172	170	162
Interest cost	425	458	419
Expected return on plan assets	(494)	(536)	(467)
Net loss from experience differences	121	101	77
Prior service cost	3	2	7
Other expenses	22	14	11
Net periodic benefit cost	220	180	188
Non-U.S. Pension Plans \| Segment, Discontinued Operations
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost	$ (29)	$ (29)	$ (21)

- Definition

An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph h

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 30

-Glossary Expected Return on Plan Assets

-URI http://asc.fasb.org/extlink&oid=6512136

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 60

-Glossary Expected Return on Plan Assets

-URI http://asc.fasb.org/extlink&oid=6512171

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (h)(3)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

+ Details

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References+ Details

- Definition

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a, h

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Service Cost (Component of Net Periodic Pension Cost)

-URI http://asc.fasb.org/extlink&oid=6525008

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (a)(1)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

+ Details

Weighted-Average Assumptions To Determine Net Pension Cost (Detail) (Pension Plans)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.56%	5.53%	5.85%
Expected rate of return on plan assets	8.00%	7.95%	7.99%
Rate of compensation increase	4.00%	4.00%	3.98%
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.62%	5.11%	5.21%
Expected rate of return on plan assets	6.47%	6.77%	6.68%
Rate of compensation increase	3.58%	3.68%	3.59%

- Definition

An assumption as to the rate of return on plan assets reflecting the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the benefit obligation.

+ References+ Details

Fair Value Of Pension Plan Assets (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	$ 1,516	$ 1,411	$ 1,377
Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	10	7
Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	794	758	751
Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	239	255	250
Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	473	391	376
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	8,205	13,277
Pension Plans \| Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	210	119
Pension Plans \| U.S. Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	186	272
Pension Plans \| Non-U.S. Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	932	1,666
Pension Plans \| Pooled Funds - Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,673	4,755
Pension Plans \| Cash and Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	3,001	6,812
Pension Plans \| Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,440	1,170
Pension Plans \| Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	963	1,515
Pension Plans \| Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,969	3,019
Pension Plans \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	4,372	5,704
Pension Plans \| Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	342	351
Pension Plans \| Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	490	410
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	2,718	3,526
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	210	119
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| U.S. Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	185	266
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| Non-U.S. Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	932	1,664
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| Pooled Funds - Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	590	485
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| Cash and Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,917	2,534
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	209	571
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	285	230
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	210	100
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	704	901
Quoted Prices In Active Markets For Identical Assets (Level 1) \| Pension Plans \| Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	97	91
Significant Other Observable Inputs (Level 2) \| Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	3,971	8,340
Significant Other Observable Inputs (Level 2) \| Pension Plans \| U.S. Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1	6
Significant Other Observable Inputs (Level 2) \| Pension Plans \| Non-U.S. Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets		2
Significant Other Observable Inputs (Level 2) \| Pension Plans \| Pooled Funds - Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,083	4,270
Significant Other Observable Inputs (Level 2) \| Pension Plans \| Cash and Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,084	4,278
Significant Other Observable Inputs (Level 2) \| Pension Plans \| Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,231	599
Significant Other Observable Inputs (Level 2) \| Pension Plans \| Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	668	1,278
Significant Other Observable Inputs (Level 2) \| Pension Plans \| Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	965	2,161
Significant Other Observable Inputs (Level 2) \| Pension Plans \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	2,864	4,038
Significant Other Observable Inputs (Level 2) \| Pension Plans \| Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	6	5
Significant Other Observable Inputs (Level 2) \| Pension Plans \| Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	17	19
Significant Unobservable Inputs (Level 3) \| Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,516	1,411
Significant Unobservable Inputs (Level 3) \| Pension Plans \| Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	10	7
Significant Unobservable Inputs (Level 3) \| Pension Plans \| Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	794	758
Significant Unobservable Inputs (Level 3) \| Pension Plans \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	804	765
Significant Unobservable Inputs (Level 3) \| Pension Plans \| Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	239	255
Significant Unobservable Inputs (Level 3) \| Pension Plans \| Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	$ 473	$ 391

- Definition

Assets, usually stocks, bonds, and other investments, that have been segregated and restricted (usually in a trust) to provide benefits, at their fair value as of the measurement date. Plan assets include amounts contributed by the employer (and by employees for a contributory plan) and amounts earned from investing the contributions, less benefits paid. If a plan has liabilities other than for benefits, those non-benefit obligations may be considered as reductions of plan assets.

+ References+ Details

Schedule of Changes in Level 3 Plan Assets (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	$ 1,411	$ 1,377
Net Realized and Unrealized Gains/(Losses)	146	100
Net Purchases, Issuances and Settlements	87	(69)
Net Transfers Into/(Out of) Level 3	(182)	9
Currency Impact	54	(6)
Fair value of plan assets at December 31	1,516	1,411
Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	7
Net Transfers Into/(Out of) Level 3	3	8
Currency Impact		(1)
Fair value of plan assets at December 31	10	7
Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	758	751
Net Realized and Unrealized Gains/(Losses)	61	105
Net Purchases, Issuances and Settlements	(52)	(95)
Net Transfers Into/(Out of) Level 3	(3)	1
Currency Impact	30	(4)
Fair value of plan assets at December 31	794	758
Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	255	250
Net Realized and Unrealized Gains/(Losses)	9	(15)
Net Purchases, Issuances and Settlements	149	19
Net Transfers Into/(Out of) Level 3	(181)
Currency Impact	7	1
Fair value of plan assets at December 31	239	255
Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	391	376
Net Realized and Unrealized Gains/(Losses)	76	10
Net Purchases, Issuances and Settlements	(10)	7
Net Transfers Into/(Out of) Level 3	(1)
Currency Impact	17	(2)
Fair value of plan assets at December 31	$ 473	$ 391

- Definition

The difference between fair value of plan assets at the end of the period and the fair value at the beginning of the period, adjusted for contributions and payments of benefits during the period, and after adjusting for taxes and other expenses, as applicable.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Actual Return on Plan Assets (Component of Net Periodic Postretirement Benefit Cost)

-URI http://asc.fasb.org/extlink&oid=6504192

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (b)(1)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Actual Return on Plan Assets (Component of Net Periodic Pension Cost)

-URI http://asc.fasb.org/extlink&oid=6504226

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph d(iv)(b)(i)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

+ References+ Details

Percentage of Fair Value of Pension Plan Assets (Detail)	Dec. 31, 2012	Dec. 31, 2011
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	100.00%	100.00%
U.S. Pension Plans \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	57.00%	66.00%
U.S. Pension Plans \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	40.00%	33.00%
U.S. Pension Plans \| Real Estate
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	3.00%	1.00%
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	100.00%	100.00%
Non-U.S. Pension Plans \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	31.00%	38.00%
Non-U.S. Pension Plans \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	49.00%	51.00%
Non-U.S. Pension Plans \| Real Estate
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	4.00%	4.00%
Non-U.S. Pension Plans \| Other
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	16.00%	7.00%

Future Benefit Payments for Pension Plans (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
2013	$ 62
2014	66
2015	68
2016	80
2017	92
2018-2022	578
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
2013	396
2014	402
2015	412
2016	419
2017	434
2018-2022	$ 2,313

Schedule Of Individually Significant Multiemployer Pension Plan (Detail)	12 Months Ended
	Dec. 31, 2012
Multiemployer Plans [Line Items]
Pension Fund	Bakery and Confectionery Union and Industry International Pension Fund
EIN / Pension Plan Number	526118572
Pension Protection Act Zone Status	Red
FIP / RP Status Pending / Implemented	Implemented
Surcharge Imposed	Yes
Expiration Date of Collective- Bargaining Agreement	Feb. 29, 2016

- Definition

Description of the terms and benefits provided by the employer's defined contribution plans. A defined contribution plan provides benefits in return for services rendered, provides an individual account for each participant, and has terms that specify how contributions to the individual's account are to be determined rather than the amount of benefits the individual is to receive. Under a defined contribution pension plan, the benefits a participant will receive depend solely on the amount contributed to the participant's account, the returns earned on investments of those contributions, and forfeitures of other participants' benefits that may be allocated to such participant's account. A description of the plan(s) including employee groups covered, the basis for determining contributions, and the nature and effects of significant matters affecting comparability of information for all periods presented.

+ References+ Details

Benefit Obligation of Postretirement Benefit Plans (Detail) (USD $) In Millions, unless otherwise specified	1 Months Ended	12 Months Ended
	Oct. 02, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Defined Benefit Plan Disclosure [Line Items]
Impact of Spin-Off	$ (12,218)
Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Accrued benefit obligation at January 1		3,453	3,263
Service cost		35	36	39
Interest cost		121	165	172
Benefits paid		(142)	(221)
Plan amendments		(51)	(5)
Currency		8	(3)
Assumption changes		519	254
Actuarial (gains) / losses		47	(36)
Impact of Spin-Off	(3,561)	(3,561)
Other		29
Accrued benefit obligation at December 31		$ 458	$ 3,453	$ 3,263

Weighted-Average Assumptions To Determine Postretirement Benefit Obligations (Detail)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
U.S. postretirement plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.20%	4.70%
Health care cost trend rate assumed for next year	7.50%	7.00%
Ultimate trend rate	5.00%	5.00%
Year that the rate reaches the ultimate trend rate	2018	2016
Foreign Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.08%	4.29%
Health care cost trend rate assumed for next year	7.68%	7.42%
Ultimate trend rate	5.58%	5.53%
Year that the rate reaches the ultimate trend rate	2018	2016

- Definition

The assumed health care cost trend rate for the next year used to measure the expected cost of benefits covered by the plan (gross eligible charges). This is based upon the annual rate of change in the cost of health care benefits currently provided by the postretirement benefit plan, due to factors other than changes in the composition of the plan population by age and dependency status.

+ References+ Details

One-Percentage-Point Change in Assumed Health Care Cost Trend Rates (Detail)	12 Months Ended
	Dec. 31, 2012
Defined Benefit Plan Disclosure [Line Items]
Effect on total of service and interest cost, Increase	13.80%
Effect on postretirement benefit obligation, Increase	16.80%
Effect on total of service and interest cost, Decrease	(11.20%)
Effect on postretirement benefit obligation, Decrease	(13.40%)

Components of Net Postretirement Health Care Costs (Detail) (Postretirement Benefit Plans, USD $)
In Millions, unless otherwise specified

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Defined Benefit Plan Disclosure [Line Items]

Service cost

$ 35

$ 36

$ 39

Interest cost

121

165

172

Net loss from experience differences

Prior service credit

(31)

(32)

Other

^[1]

Net periodic benefit cost

Segment, Discontinued Operations

Defined Benefit Plan Disclosure [Line Items]

Net periodic benefit cost

$ 135

$ 163

$ 168

[1]	In 2012, we recorded a $23 million unfunded U.S. postretirement plan obligation related to long-term disability benefits.

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References+ Details

- Definition

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a, h

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Service Cost (Component of Net Periodic Pension Cost)

-URI http://asc.fasb.org/extlink&oid=6525008

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (a)(1)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

+ Details

Weighted-Average Assumptions to Determine Net Postretirement Cost (Detail)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
U.S. postretirement plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.47%	5.30%	5.70%
Health care cost trend rate	7.00%	7.50%	7.00%
Foreign Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.14%	5.02%	5.28%
Health care cost trend rate	7.42%	8.83%	8.79%

Future Benefit Payments For Postretirement Health Care Plans (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012
U.S. postretirement plan
Defined Benefit Plan Disclosure [Line Items]
2013	$ 3
2014	5
2015	6
2016	8
2017	9
2018-2022	73
Foreign Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
2013	5
2014	5
2015	5
2016	6
2017	6
2018-2022	$ 33

Changes in Accumulated Postemployment Benefit Obligations (Detail) (USD $) In Millions, unless otherwise specified	1 Months Ended	12 Months Ended
	Oct. 02, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Defined Benefit Plan Disclosure [Line Items]
Impact of Spin-Off	$ (12,218)
Postemployment Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Accrued benefit obligation at January 1		166	140
Service cost		12	11	9
Interest cost		8	9	10
Benefits paid		(44)	(40)
Assumption changes		7	4
Actuarial losses / (gains)		14	13
Impact of Spin-Off	(63)	(63)
Other			29
Accrued benefit obligation at December 31		$ 100	$ 166	$ 140

- Definition

1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date. 2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Projected Benefit Obligation

-URI http://asc.fasb.org/extlink&oid=6522206

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Accumulated Postretirement Benefit Obligation

-URI http://asc.fasb.org/extlink&oid=6503904

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 6

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph E1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The amount of payments made for which participants are entitled under a pension plan, including pension benefits, death benefits, and benefits due on termination of employment. Also includes payments made under a postretirement benefit plan, including prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. This item represents a periodic decrease to the plan obligations and a decrease to plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Postretirement Benefits

-URI http://asc.fasb.org/extlink&oid=6521376

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 60

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39716-114964

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 30

-Glossary Benefits

-URI http://asc.fasb.org/extlink&oid=6506267

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 60

-Glossary Benefits

-URI http://asc.fasb.org/extlink&oid=6506309

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (a)(6)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 8: http://www.xbrl.org/2003/role/presentationRef

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-SubTopic 20

-Section 50

-Paragraph 1

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Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS106-2

-Paragraph 22

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References+ Details

- Definition

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a, h

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Service Cost (Component of Net Periodic Pension Cost)

-URI http://asc.fasb.org/extlink&oid=6525008

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (a)(1)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

+ Details

Components of Net Postemployment Costs (Detail) (Postemployment Benefit Plans, USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 12	$ 11	$ 9
Interest cost	8	9	10
Amortization of net (gains) / losses	(3)	(2)	(2)
Other	3	33
Net periodic benefit cost	15	49	13
Segment, Discontinued Operations
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost	$ 5	$ 2	$ 4

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References+ Details

- Definition

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a, h

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Service Cost (Component of Net Periodic Pension Cost)

-URI http://asc.fasb.org/extlink&oid=6525008

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (a)(1)

-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

+ Details

Stock Plans - Additional Information (Detail) (USD $) In Millions, except Share data, unless otherwise specified	12 Months Ended				12 Months Ended						1 Months Ended									12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2012 Kraft Foods Group	Dec. 31, 2012 Restricted And Deferred Stock	Dec. 31, 2011 Restricted And Deferred Stock	Dec. 31, 2010 Restricted And Deferred Stock	Dec. 31, 2012 Stock Options	Dec. 31, 2011 Stock Options	Dec. 31, 2010 Stock Options	Jan. 31, 2012 Long-Term Incentive Plan Restricted And Deferred Stock	Jan. 31, 2011 Long-Term Incentive Plan Restricted And Deferred Stock	Jan. 31, 2010 Long-Term Incentive Plan Restricted And Deferred Stock	Feb. 29, 2012 Annual Equity Program	Feb. 28, 2011 Annual Equity Program	Feb. 28, 2010 Annual Equity Program	Feb. 29, 2012 Annual Equity Program Restricted And Deferred Stock	Feb. 28, 2011 Annual Equity Program Restricted And Deferred Stock	Feb. 28, 2010 Annual Equity Program Restricted And Deferred Stock	Dec. 31, 2012 Off Cycle	Dec. 31, 2011 Off Cycle	Dec. 31, 2010 Off Cycle	Dec. 31, 2012 Off Cycle Restricted And Deferred Stock	Dec. 31, 2011 Off Cycle Restricted And Deferred Stock	Dec. 31, 2010 Off Cycle Restricted And Deferred Stock	Dec. 31, 2012 2005 Plan	Dec. 31, 2012 2006 Directors Plan	Dec. 31, 2012 2006 Directors Plan Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized to be issued under stock option plan																										168,000,000
Shares available to be granted																										41,300,000	700,000	1,000,000
Receivable related to the cash settlement of stock awards held by employees				$ 55
Compensation expense					90	95	93	39	35	33
Deferred tax benefit related to compensation expense					27	28	28	11	10	10
Unamortized compensation expense related to our stock options	43
Unamortized compensation expense recognition period					2 years			2 years
Stock options granted to eligible employees	13,512,839	16,300,000	18,100,000											12,800,000	15,800,000	15,000,000				700,000	500,000	3,100,000
Stock options granted to eligible employees, exercise price	$ 37.97	$ 31.81	$ 29.24											$ 38.00	$ 31.83	$ 29.15				$ 37.60	$ 31.22	$ 29.73
Intrinsic value of stock options exercised	93	98	92
Cash received from options exercised	205	486	134
Actual tax benefit realized for the tax deductions from the option exercises	21	40	60
Unamortized compensation expense related to restricted and deferred stock					115
Granted shares	4,962,551				5,000,000	5,100,000	5,800,000				1,300,000	1,500,000	1,700,000				2,200,000	2,600,000	2,500,000				1,500,000	1,000,000	1,600,000
Granted shares fair value, per share	$ 35.25				$ 35.25	$ 31.97	$ 28.82				$ 37.63	$ 31.62	$ 27.33				$ 38.00	$ 31.83	$ 29.15				$ 29.18	$ 33.02	$ 29.40
Weighted-average grant date fair value of restricted and deferred stock granted					175	162	167
Vesting date fair value of restricted and deferred stock					$ 189	$ 135	$ 117

Weighted-Average Black-Scholes Fair Value Assumptions (Detail) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-Free Interest Rate	1.16%	2.34%	2.82%
Expected Life (in years)	6 years	6 years	6 years
Expected Volatility	20.13%	18.92%	19.86%
Expected Dividend Yield	3.08%	3.72%	4.14%
Fair Value at Grant Date	$ 4.78	$ 3.84	$ 3.69

- Definition

The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

+ References+ Details

Stock Option Activity (Detail) (USD $)
In Millions, except Share data, unless otherwise specified

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Shares subject to option

Beginning balance

49,598,867

Options granted

13,512,839

16,300,000

18,100,000

Options exercised

(8,168,062)

Options cancelled

(2,440,601)

Adjustment due to the Spin-Off

249,996

^[1]

Ending balance

52,753,039

49,598,867

Exercisable at end of the period

25,239,082

Weighted-average exercise price

Beginning balance

$ 28.87

Options granted

$ 37.97

$ 31.81

$ 29.24

Options exercised

$ 26.39

Options cancelled

$ 30.20

Adjustment due to the Spin-Off

$ 19.59

^[1]

Ending balance

$ 20.45

$ 28.87

Exercisable at end of the period

$ 18.32

Average remaining contractual term

Ending balance

7 years

Exercisable at end of the period (in years)

6 years

Aggregate intrinsic value

Ending balance

$ 264

Exercisable at end of the period

$ 180

[1]

Restricted and Deferred Stock Activity (Detail) (USD $)

12 Months Ended

Dec. 31, 2012

13,617,173

4,962,551

(5,007,098)

(1,275,617)

Adjustment due to the Spin-Off

518,902

^[1]

Ending balance

12,815,911

Weighted-average grant date fair value per share

$ 28.43

$ 35.25

$ 24.80

$ 29.22

Adjustment due to the Spin-off

$ 19.72

^[1]

Ending balance

$ 21.55

[1]

Commitments and Contingencies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2012 USD ($)	Dec. 31, 2012 EUR (€)	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)
Loss Contingencies [Line Items]
Settlement amount to resolve the fines against KFD by FCO		€ 21,700,000
Indebtedness issued	1,000,000,000
Rental expenses	$ 341,000,000		$ 283,000,000	$ 330,000,000

Minimum Rental Commitments (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012
Leases Future Minimum Payments [Line Items]
2013	$ 330
2014	228
2015	178
2016	152
2017	125
Thereafter	131
Total	$ 1,144

- Definition

Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the next fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the forth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the third fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the second fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing after the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

Capital Stock - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended				1 Months Ended
	Dec. 31, 2012	Dec. 31, 2010	Dec. 31, 2011	Dec. 31, 2012 Common Class A	Oct. 02, 2012 Kraft Foods Group
Class of Stock [Line Items]
Net assets divested in the Spin-Off	$ (4,358)				$ 4,358
Common stock, shares authorized	5,000
Preferred stock, shares authorized	500
Preferred stock, shares issued	0	0	0
Preferred stock, shares outstanding	0	0	0
Class A common stock, shares issued, Cadbury acquisition		261.5
Fair value of class A common stock issued in Cadbury acquisition		$ 7,457
Common stock reserved for stock option and other stock awards				103.1

- Definition

Number of shares of stock issued during the period pursuant to acquisitions.

+ References+ Details

- Definition

Value of stock issued pursuant to acquisitions during the period.

+ References+ Details

Authorized Common Stock Repurchase Programs (Detail)	12 Months Ended
Authorized Common Stock Repurchase Programs (Detail)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Class of Stock [Line Items]
Common Stock, Shares Issued, Ending Balance	1,996,537,778	1,996,537,778
Common Class A
Class of Stock [Line Items]
Common Stock, Shares Issued, Beginning Balance	1,996,537,778	1,996,537,778	1,735,000,000
Shares issued			261,537,778
Exercise of stock options and issuance of other stock awards
Common Stock, Shares Issued, Ending Balance	1,996,537,778	1,996,537,778	1,996,537,778
Common Stock, Treasury Shares, Beginning Balance	(228,641,089)	(248,471,229)	(257,115,097)
Shares issued			261,537,778
Exercise of stock options and issuance of other stock awards	10,099,153	19,830,140	8,643,868
Common Stock, Treasury Shares, Ending Balance	(218,541,936)	(228,641,089)	(248,471,229)
Common Stock, Shares Outstanding, Beginning Balance	1,767,896,689	1,748,066,549	1,477,884,903
Shares issued			261,537,778
Exercise of stock options and issuance of other stock awards	10,099,153	19,830,140	8,643,868
Common Stock, Shares Outstanding, Ending Balance	1,777,995,842	1,767,896,689	1,748,066,549

- Definition

Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.

+ References+ Details

- Definition

Number of new stock issued during the period.

+ References+ Details

- Definition

Number of shares (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. Shares issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.

+ References+ Details

Provision for Income Taxes (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Income Taxes [Line Items]
United States		$ (1,822)	$ (1,308)	$ (1,435)
Outside United States		3,596	3,188	2,161
Earnings from continuing operations before income taxes		1,774	1,880	726
United States federal current		(421)	(404)	(853)
United States federal deferred		(37)	10	410
Federal income tax		(458)	(394)	(443)
State and local current		(16)	(38)	(137)
State and local deferred		(20)	45	129
State and local taxes		(36)	7	(8)
Total United States		(494)	(387)	(451)
Outside United States current		893	1,008	642
Outside United States deferred		(192)	(478)	(137)
Total outside United States	(85)	701	530	505
Total provision for income taxes		$ 207	$ 143	$ 54

Chane in Unrecognized Tax Benefit (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Income Tax Contingency [Line Items]
Unrecognized tax benefits beginning balance	$ 1,538	$ 1,281	$ 829
Increases from positions taken during prior periods	110	222	49
Decreases from positions taken during prior periods	(198)	(147)	(146)
Increases from positions taken during the current period	266	253	229
Increases from acquisition adjustments			357
Decreases relating to settlements with taxing authorities	(250)	(17)	(19)
Reductions resulting from the lapse of the applicable statute of limitations	(20)	(14)	(10)
Impact of Spin-Off	(261)
Currency / other	(2)	(40)	(8)
Unrecognized tax benefits ending balance	$ 1,183	$ 1,538	$ 1,281

Income Taxes - Additional Information (Detail) (USD $)	12 Months Ended
Income Taxes - Additional Information (Detail) (USD $)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Income Taxes [Line Items]
Unrecognized tax benefits	$ 1,183,000,000	$ 1,538,000,000	$ 1,281,000,000	$ 829,000,000
Impact on tax provision from unrecognized tax benefits	1,105,000,000	1,317,000,000
Amount unrecognized tax benefits could increase by	40,000,000
Amount unrecognized tax benefits could decrease by, minimum	60,000,000
Amount unrecognized tax benefits could decrease by, maximum	80,000,000
Unrecognized tax benefits, income tax penalties and interest accrued	203,000,000	286,000,000
Net benefit for interest and penalties	33,000,000
Interest and penalties paid	61,000,000
Accumulated earnings of foreign subsidiaries	10,800,000,000
Settlements with various foreign and state tax authorities	$ 101,000,000	$ 226,000,000	$ 165,000,000

Effective Income Tax Rate (Detail)	12 Months Ended
Effective Income Tax Rate (Detail)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Income Taxes [Line Items]
U.S. federal statutory rate	35.00%	35.00%	35.00%
State and local income taxes, net of federal tax benefit excluding IRS audit impacts	(0.90%)	0.20%	(0.90%)
Foreign rate differences	(20.50%)	(20.80%)	(16.80%)
Federal and state tax impacts related to IRS audit settlements	(0.40%)	0.10%	(8.40%)
Reversal of other tax accruals no longer required	(3.10%)	(4.90%)	(9.60%)
U.S. Health Care Legislation			7.90%
Tax Legislation	(3.90%)	(3.80%)	(6.30%)
Non-deductible expenses	3.60%	1.90%	8.10%
Other	1.90%	(0.10%)	(1.60%)
Effective tax rate	11.70%	7.60%	7.40%

Deferred Tax Assets and Liabilities Temporary Differences (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Schedule of Deferred Income Tax Assets and Liabilities [Line Items]
Accrued postretirement and postemployment benefits	$ 157	$ 1,276
Accrued pension costs	678	1,007
Other	2,360	3,124
Total deferred income tax assets	3,195	5,407
Valuation allowance	(429)	(467)
Net deferred income tax assets	2,766	4,940
Trade names	(6,422)	(7,565)
Property, plant and equipment	(976)	(2,084)
Other	(967)	(1,025)
Total deferred income tax liabilities	(8,365)	(10,674)
Net deferred income tax liabilities	$ (5,599)	$ (5,734)

Basic and Diluted Earnings per Share (Detail) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Earnings Per Share [Line Items]
Earnings from continuing operations	$ 561	$ 177	$ 490	$ 339	$ 459	$ 508	$ 445	$ 325	$ 1,567	$ 1,737	$ 672
Earnings from discontinued operations, net of income taxes	(18)	482	544	480	383	419	531	477	1,488	1,810	3,467
Net earnings	543	659	1,034	819	842	927	976	802	3,055	3,547	4,139
Noncontrolling interest	9	7	5	6	12	5		3	27	20	25
Net earnings attributable to Mondelez International	$ 534	$ 652	$ 1,029	$ 813	$ 830	$ 922	$ 976	$ 799	$ 3,028	$ 3,527	$ 4,114
Weighted-average shares for basic EPS									1,777	1,765	1,715
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares									12	7	5
Weighted-average shares for diluted EPS	1,793	1,789	1,786	1,783	1,779	1,777	1,771	1,760	1,789	1,772	1,720
Basic earnings per share attributable to Mondelez International:
Continuing operations	$ 0.31	$ 0.10	$ 0.27	$ 0.19	$ 0.25	$ 0.28	$ 0.25	$ 0.18	$ 0.87	$ 0.97	$ 0.38
Discontinued operations	$ (0.01)	$ 0.27	$ 0.31	$ 0.27	$ 0.22	$ 0.24	$ 0.30	$ 0.28	$ 0.83	$ 1.03	$ 2.02
Net earnings attributable to Mondelez International	$ 0.30	$ 0.37	$ 0.58	$ 0.46	$ 0.47	$ 0.52	$ 0.55	$ 0.46	$ 1.70	$ 2.00	$ 2.40
Diluted earnings per share attributable to Mondelez International:
Continuing operations	$ 0.31	$ 0.10	$ 0.27	$ 0.19	$ 0.25	$ 0.28	$ 0.25	$ 0.18	$ 0.86	$ 0.97	$ 0.38
Discontinued operations	$ (0.01)	$ 0.26	$ 0.31	$ 0.27	$ 0.22	$ 0.24	$ 0.30	$ 0.27	$ 0.83	$ 1.02	$ 2.01
Net earnings attributable to Mondelez International	$ 0.30	$ 0.36	$ 0.58	$ 0.46	$ 0.47	$ 0.52	$ 0.55	$ 0.45	$ 1.69	$ 1.99	$ 2.39

Earning Per Share - Additional Information (Detail) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Mondelez International stock options excluded from the calculation of diluted EPS	7.3	9.2	28.5

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Antidilution

-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Diluted Earnings Per Share

-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Contingent Stock Agreement

-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 13, 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 171

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Segment Reporting - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended	12 Months Ended				3 Months Ended		12 Months Ended								12 Months Ended														3 Months Ended	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2012 Segment	Dec. 31, 2011	Dec. 31, 2010	Jan. 02, 2010	Mar. 31, 2013 Scenario, Forecast	Feb. 08, 2013 Scenario, Forecast	Dec. 31, 2010 One-Time Charge	Dec. 31, 2011 Cash Flow Hedges Interest Rate Contracts	Dec. 31, 2012 Europe	Dec. 31, 2012 Interest expense	Dec. 31, 2011 Cadbury	Dec. 31, 2010 Cadbury	Dec. 31, 2009 Cadbury	Feb. 02, 2010 Cadbury	Dec. 31, 2012 Selling, general and administrative expenses	Dec. 31, 2012 2012-2014 Restructuring Program	Dec. 31, 2012 2012-2014 Restructuring Program Europe	Dec. 31, 2012 Integration Program	Dec. 31, 2011 Integration Program	Dec. 31, 2010 Integration Program	Dec. 31, 2012 Integration Program Europe	Dec. 31, 2012 Customer Concentration Risk	Dec. 31, 2012 Customer Concentration Risk Five Largest Customers	Dec. 31, 2011 Customer Concentration Risk Five Largest Customers	Dec. 31, 2010 Customer Concentration Risk Five Largest Customers	Dec. 31, 2012 Customer Concentration Risk Ten Largest Customers	Dec. 31, 2011 Customer Concentration Risk Ten Largest Customers	Dec. 31, 2010 Customer Concentration Risk Ten Largest Customers	Mar. 31, 2012 Developing Markets	Dec. 31, 2012 Developing Markets
Segment Reporting Information [Line Items]
Number of reporting segment		3
Number of operating segments		5
Largest customer, percentage of net revenues																								15.60%	15.50%	15.10%	24.10%	22.70%	23.20%
Number of customers accounted for 10% or more of net revenue																							No single customer accounted for 10% or more of our net revenues from continuing operations.
Foreign currency exchange rate translation					4.30		6.30								1.595
Foreign currency impacts relating to highly inflationary accounting				$ 115		$ 30		$ 34
Divested in property																														72	72
Pretax gain loss within selling, general and administrative expenses																														55	55
Unrealized gains/(losses) on hedging instruments		1	(36)	38
Restructuring charges		21	61	117													102	6	140	521	646
Implementation costs																	8
Acquisition costs related to Cadbury's corporate charges		1		218						44		251	218	40
Restructuring charges, gross of reversals																			185	521	646
Restructuring charges, reversed																						45
Spin-Off costs		1,053	46								609					407
Acquisition costs related to Cadbury's corporate charges		714	437	511																	155
Proceeds from sale of operations		200		4,039
Pre-tax gain (loss)	107	107
Recognized loss, related to several interest rate swaps									$ 157

Net Revenues by Segment (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information [Line Items]
Net revenues	$ 9,495	$ 8,326	$ 8,527	$ 8,667	$ 9,679	$ 8,778	$ 9,163	$ 8,190	$ 35,015	$ 35,810	$ 31,489
Developing Markets
Segment Reporting Information [Line Items]
Net revenues									15,655	15,621	13,420
Europe
Segment Reporting Information [Line Items]
Net revenues									12,457	13,356	11,628
North America
Segment Reporting Information [Line Items]
Net revenues									$ 6,903	$ 6,833	$ 6,441

Operating Income by Segment (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information [Line Items]
Unrealized gains / (losses) on hedging activities		$ 1	$ (36)	$ 38
Certain U.S. pension plan costs		(92)	(76)	(56)
General corporate expenses		(714)	(437)	(511)
Amortization of intangibles		(217)	(225)	(210)
Gains / (losses) on divestitures	107	107
Acquisition-related costs		(1)		(218)
Operating income		3,637	3,498	2,496
Interest and other expense, net		(1,863)	(1,618)	(1,770)
Earnings from continuing operations before income taxes		1,774	1,880	726
Developing Markets
Segment Reporting Information [Line Items]
Operating income		2,067	2,003	1,533
Europe
Segment Reporting Information [Line Items]
Acquisition-related costs		(44)
Operating income		1,613	1,406	1,115
North America
Segment Reporting Information [Line Items]
Operating income		$ 873	$ 863	$ 805

Total Assets by Segment (Detail) (USD $)
In Millions, unless otherwise specified

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Segment Reporting Information [Line Items]

Total assets

$ 75,478

$ 93,837

$ 95,289

Developing Markets

Segment Reporting Information [Line Items]

Total assets

25,608

24,559

25,738

Europe

Segment Reporting Information [Line Items]

Total assets

25,801

24,525

24,261

North America

Segment Reporting Information [Line Items]

Total assets

22,098

41,862

42,886

Unallocated

Segment Reporting Information [Line Items]

Total assets

$ 1,971

^[1]

$ 2,891

^[1]

$ 2,404

^[1]

[1]	Unallocated assets consist primarily of cash and cash equivalents, deferred income taxes, centrally held property, plant and equipment, prepaid pension assets and derivative financial instrument balances.

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References+ Details

Depreciation Expenses (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information [Line Items]
Total depreciation expense	$ 1,128	$ 1,260	$ 1,229
Developing Markets
Segment Reporting Information [Line Items]
Total depreciation expense	317	337	320
Europe
Segment Reporting Information [Line Items]
Total depreciation expense	326	354	355
North America
Segment Reporting Information [Line Items]
Total depreciation expense	224	205	201
Segment, Continuing Operations
Segment Reporting Information [Line Items]
Total depreciation expense	867	896	876
Segment, Discontinued Operations
Segment Reporting Information [Line Items]
Total depreciation expense	$ 261	$ 364	$ 353

- Definition

The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

+ References+ Details

Capital Expenditures (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information By Segment [Line Items]
Capital expenditures	$ 1,610	$ 1,771	$ 1,661
Developing Markets
Segment Reporting Information By Segment [Line Items]
Capital expenditures	761	713	607
Europe
Segment Reporting Information By Segment [Line Items]
Capital expenditures	350	378	334
North America
Segment Reporting Information By Segment [Line Items]
Capital expenditures	217	279	272
Segment, Continuing Operations
Segment Reporting Information By Segment [Line Items]
Capital expenditures	1,328	1,370	1,213
Segment, Discontinued Operations
Segment Reporting Information By Segment [Line Items]
Capital expenditures	$ 282	$ 401	$ 448

- Definition

The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.

+ References+ Details

Net Revenues by Consumer Sector (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information [Line Items]
Net revenues	$ 9,495	$ 8,326	$ 8,527	$ 8,667	$ 9,679	$ 8,778	$ 9,163	$ 8,190	$ 35,015	$ 35,810	$ 31,489
Biscuits
Segment Reporting Information [Line Items]
Net revenues									11,149	10,988	9,830
Chocolate
Segment Reporting Information [Line Items]
Net revenues									9,356	9,565	8,276
Gum & Candy
Segment Reporting Information [Line Items]
Net revenues									5,338	5,692	5,226
Beverages
Segment Reporting Information [Line Items]
Net revenues									5,843	6,057	5,030
Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues									3,329	3,508	3,127
Developing Markets
Segment Reporting Information [Line Items]
Net revenues									15,655	15,621	13,420
Developing Markets \| Biscuits
Segment Reporting Information [Line Items]
Net revenues									3,511	3,359	2,796
Developing Markets \| Chocolate
Segment Reporting Information [Line Items]
Net revenues									4,502	4,554	3,770
Developing Markets \| Gum & Candy
Segment Reporting Information [Line Items]
Net revenues									3,085	3,215	2,894
Developing Markets \| Beverages
Segment Reporting Information [Line Items]
Net revenues									2,880	2,897	2,517
Developing Markets \| Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues									1,677	1,596	1,443
Europe
Segment Reporting Information [Line Items]
Net revenues									12,457	13,356	11,628
Europe \| Biscuits
Segment Reporting Information [Line Items]
Net revenues									2,426	2,598	2,323
Europe \| Chocolate
Segment Reporting Information [Line Items]
Net revenues									4,518	4,659	4,211
Europe \| Gum & Candy
Segment Reporting Information [Line Items]
Net revenues									973	1,126	1,023
Europe \| Beverages
Segment Reporting Information [Line Items]
Net revenues									2,962	3,158	2,511
Europe \| Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues									1,578	1,815	1,560
North America
Segment Reporting Information [Line Items]
Net revenues									6,903	6,833	6,441
North America \| Biscuits
Segment Reporting Information [Line Items]
Net revenues									5,212	5,031	4,711
North America \| Chocolate
Segment Reporting Information [Line Items]
Net revenues									336	352	295
North America \| Gum & Candy
Segment Reporting Information [Line Items]
Net revenues									1,280	1,351	1,309
North America \| Beverages
Segment Reporting Information [Line Items]
Net revenues									1	2	2
North America \| Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues									$ 74	$ 97	$ 124

Quarterly Financial Data (Detail) (USD $)
In Millions, except Per Share data, unless otherwise specified

3 Months Ended

12 Months Ended

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2011

Sep. 30, 2011

Jun. 30, 2011

Mar. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Quarterly Financial Information [Line Items]

Net revenues

$ 9,495

$ 8,326

$ 8,527

$ 8,667

$ 9,679

$ 8,778

$ 9,163

$ 8,190

$ 35,015

$ 35,810

$ 31,489

Gross profit

3,550

3,120

3,211

3,195

3,425

3,247

3,313

3,115

13,076

13,100

11,872

Earnings from continuing operations

561

177

490

339

459

508

445

325

1,567

1,737

672

Earnings / (losses) from discontinued operations, net of income taxes

(18)

482

544

480

383

419

531

477

1,488

1,810

3,467

Net earnings

543

659

1,034

819

842

927

976

802

3,055

3,547

4,139

Noncontrolling interest

Net earnings attributable to Mondelez International

$ 534

$ 652

$ 1,029

$ 813

$ 830

$ 922

$ 976

$ 799

$ 3,028

$ 3,527

$ 4,114

Weighted-average shares for diluted EPS

1,793

1,789

1,786

1,783

1,779

1,777

1,771

1,760

1,789

1,772

1,720

Basic EPS attributable to Mondelez International:

Continuing operations

$ 0.31

$ 0.10

$ 0.27

$ 0.19

$ 0.25

$ 0.28

$ 0.25

$ 0.18

$ 0.87

$ 0.97

$ 0.38

Discontinued operations

$ (0.01)

$ 0.27

$ 0.31

$ 0.27

$ 0.22

$ 0.24

$ 0.30

$ 0.28

$ 0.83

$ 1.03

$ 2.02

Net earnings attributable to Mondelez International

$ 0.30

$ 0.37

$ 0.58

$ 0.46

$ 0.47

$ 0.52

$ 0.55

$ 0.46

$ 1.70

$ 2.00

$ 2.40

Diluted EPS attributable to Mondelez International:

Continuing operations

$ 0.31

$ 0.10

$ 0.27

$ 0.19

$ 0.25

$ 0.28

$ 0.25

$ 0.18

$ 0.86

$ 0.97

$ 0.38

Discontinued operations

$ (0.01)

$ 0.26

$ 0.31

$ 0.27

$ 0.22

$ 0.24

$ 0.30

$ 0.27

$ 0.83

$ 1.02

$ 2.01

Net earnings attributable to Mondelez International

$ 0.30

$ 0.36

$ 0.58

$ 0.46

$ 0.47

$ 0.52

$ 0.55

$ 0.45

$ 1.69

$ 1.99

$ 2.39

Dividends declared

$ 0.13

$ 0.29

$ 1.00

$ 1.16

Market price, high

$ 42.54

^[1]

$ 42.44

^[1]

$ 39.99

^[1]

$ 39.06

^[1]

$ 37.93

^[2]

$ 36.30

^[2]

$ 35.47

^[2]

$ 32.20

^[2]

Market price, low

$ 24.50

$ 37.15

$ 36.75

$ 37.17

$ 31.88

$ 32.63

$ 31.35

$ 30.21

[1]	The first three quarters of 2012 and the fourth quarter 2012 market price-high in the table above reflect historical stock prices which were not adjusted to reflect the Kraft Foods Group Spin-Off.
[2]	Market prices in the table above reflect historical stock prices which were not adjusted to reflect the Kraft Foods Group Spin-Off.

Pre-Tax Charges/(Gains) in Earnings from Continuing Operations (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended					12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Sep. 30, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Quarterly Financial Data [Line Items]
Asset impairment and exit costs	$ 69	$ 13	$ 27	$ 44	$ (5)	$ 153	$ (5)	$ 26
(Gains) / losses on divestitures, net	(107)					(107)
Pre-tax charges / (gains) in earnings from continuing operations	$ (38)	$ 13	$ 27	$ 44	$ (5)

- Definition

The gain (loss) resulting from the sale of a disposal group that is not a discontinued operation. It is included in income from continuing operations before income taxes in the income statement.

+ References+ Details

Valuation and Qualifying Accounts (Detail) (USD $)
In Millions, unless otherwise specified

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance at Beginning of Period

$ 669

$ 688

$ 243

Additions Charged to Costs and Expenses

238

168

Additions Charged to Other Accounts

(55)

^[1]

(17)

^[1]

388

^[1]

Deductions

^[2]

240

^[2]

111

^[2]

Balance at End of Period

608

669

688

Allowance for Trade Receivables

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance at Beginning of Period

143

246

121

Additions Charged to Costs and Expenses

127

Additions Charged to Other Accounts

(32)

^[1]

(12)

^[1]

Deductions

^[2]

116

^[2]

Balance at End of Period

118

143

246

Valuation Allowance for Other Current Receivables

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance at Beginning of Period

Additions Charged to Costs and Expenses

Additions Charged to Other Accounts

(7)

^[1]

Deductions

(6)

^[2]

Balance at End of Period

Valuation Allowance for Long Term Receivables

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance at Beginning of Period

Additions Charged to Costs and Expenses

(4)

Additions Charged to Other Accounts

(1)

^[1]

Deductions

(2)

^[2]

Balance at End of Period

Allowance for Deferred Taxes

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance at Beginning of Period

467

400

Additions Charged to Costs and Expenses

205

Additions Charged to Other Accounts

(15)

^[1]

(17)

^[1]

305

^[1]

Deductions

^[2]

121

^[2]

Balance at End of Period

$ 429

$ 467

$ 400

[1]	Primarily related to divestitures, acquisitions and currency translation.
[2]	Represents charges for which allowances were created.

Summary of Spin-Off Costs within Pre-tax Earnings (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Spin-Off Transaction [Line Items]
Spin-Off costs	$ 1,053	$ 46
Selling, general and administrative expenses
Spin-Off Transaction [Line Items]
Spin-Off costs	444	46
Interest expense
Spin-Off Transaction [Line Items]
Spin-Off costs	$ 609

Notional Values of Derivative Instruments (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Intercompany Loans And Forecasted Interest Payments
Derivative [Line Items]
Notional Amount	$ 3,743	$ 1,982
Forecasted Transactions
Derivative [Line Items]
Notional Amount	1,663	1,181
Commodity Contracts
Derivative [Line Items]
Notional Amount	620	1,287
Interest Rate Contracts
Derivative [Line Items]
Notional Amount	2,259	4,872
Euro Notes
Derivative [Line Items]
Notional Amount	1,121	3,694
Pound Sterling Notes
Derivative [Line Items]
Notional Amount	$ 1,057	$ 1,010

Long Lived Assets and Total Assets by Geographic Segment (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information [Line Items]
Total long-lived assets	$ 59,856	$ 77,635	$ 79,068
United States
Segment Reporting Information [Line Items]
Total long-lived assets	18,176	35,093	35,200
Other
Segment Reporting Information [Line Items]
Total long-lived assets	$ 41,680	$ 42,542	$ 43,868