Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2019	Jul. 26, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2019
Document Transition Report	false
Entity File Number	1-16483
Entity Registrant Name	Mondelez International, Inc.
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	52-2284372
Entity Address, Address Line One	Three Parkway North,
Entity Address, City or Town	Deerfield,
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60015
City Area Code	847
Local Phone Number	943-4000
Entity Information [Line Items]
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,442,150,501
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001103982
Current Fiscal Year End Date	--12-31
Class A Common Stock, no par value
Entity Information [Line Items]
Title of 12(b) Security	Class A Common Stock, no par value
Trading Symbol	MDLZ
Security Exchange Name	NASDAQ
2.375% Notes due 2021
Entity Information [Line Items]
Title of 12(b) Security	2.375% Notes due 2021
Trading Symbol	MDLZ21
Security Exchange Name	NASDAQ
1.000% Notes due 2022
Entity Information [Line Items]
Title of 12(b) Security	1.000% Notes due 2022
Trading Symbol	MDLZ22
Security Exchange Name	NASDAQ
1.625% Notes due 2023
Entity Information [Line Items]
Title of 12(b) Security	1.625% Notes due 2023
Trading Symbol	MDLZ23
Security Exchange Name	NASDAQ
1.625% Notes due 2027
Entity Information [Line Items]
Title of 12(b) Security	1.625% Notes due 2027
Trading Symbol	MDLZ27
Security Exchange Name	NASDAQ
2.375% Notes due 2035
Entity Information [Line Items]
Title of 12(b) Security	2.375% Notes due 2035
Trading Symbol	MDLZ35
Security Exchange Name	NASDAQ
4.500% Notes due 2035
Entity Information [Line Items]
Title of 12(b) Security	4.500% Notes due 2035
Trading Symbol	MDLZ35A
Security Exchange Name	NASDAQ
3.875% Notes due 2045
Entity Information [Line Items]
Title of 12(b) Security	3.875% Notes due 2045
Trading Symbol	MDLZ45
Security Exchange Name	NASDAQ

Condensed Consolidated Statements of Earnings - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Net revenues	$ 6,062	$ 6,112	$ 12,600	$ 12,877
Cost of sales	3,593	3,572	7,538	7,488
Gross profit	2,469	2,540	5,062	5,389
Selling, general and administrative expenses	1,427	1,904	2,920	3,431
Asset impairment and exit costs	15	111	35	165
Net gain on divestiture	(41)	0	(41)	0
Amortization of intangibles	43	44	87	88
Operating income	1,025	481	2,061	1,705
Benefit plan non-service income	(12)	(15)	(29)	(28)
Interest and other expense, net	101	248	181	328
Earnings before income taxes	936	248	1,909	1,405
Provision for income taxes	(216)	(15)	(405)	(352)
Net loss on equity method investment transactions	(25)	0	(2)	0
Equity method investment net earnings	113	87	226	319
Net earnings	808	320	1,728	1,372
Noncontrolling interest earnings	(1)	(2)	(7)	(8)
Net earnings attributable to Mondelēz International	$ 807	$ 318	$ 1,721	$ 1,364
Per share data:
Basic earnings per share attributable to Mondeléz International (in dollars per share)	$ 0.56	$ 0.22	$ 1.19	$ 0.92
Diluted earnings per share attributable to Mondélez International (in dollars per share)	$ 0.55	$ 0.21	$ 1.18	$ 0.91

Condensed Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net earnings	$ 808	$ 320	$ 1,728	$ 1,372
Other comprehensive earnings/(losses), net of tax:
Currency translation adjustment	(33)	(876)	157	(666)
Pension and other benefit plans	54	169	64	163
Derivative cash flow hedges	(62)	26	(131)	(20)
Total other comprehensive earnings/(losses)	(41)	(681)	90	(523)
Comprehensive earnings/(losses)	767	(361)	1,818	849
less: Comprehensive earnings/(losses) attributable to noncontrolling interests	3	(10)	8	11
Comprehensive earnings/(losses) attributable to Mondelēz International	$ 764	$ (351)	$ 1,810	$ 838

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 1,248	$ 1,100
Trade receivables (net of allowances of $38 at June 30, 2019 and $40 at December 31, 2018)	2,179	2,262
Other receivables (net of allowances of $49 at June 30, 2019 and $47 at December 31, 2018)	712	744
Inventories, net	2,731	2,592
Other current assets	966	906
Total current assets	7,836	7,604
Property, plant and equipment, net	8,550	8,482
Operating lease right of use assets	637	0
Goodwill	20,701	20,725
Intangible assets, net	17,943	18,002
Prepaid pension assets	136	132
Deferred income taxes	263	255
Equity method investments	7,095	7,123
Other assets	412	406
TOTAL ASSETS	63,573	62,729
LIABILITIES
Short-term borrowings	3,780	3,192
Current portion of long-term debt	3,675	2,648
Accounts payable	5,312	5,794
Accrued marketing	1,638	1,756
Accrued employment costs	611	701
Other current liabilities	2,782	2,646
Total current liabilities	17,798	16,737
Long-term debt	11,764	12,532
Long-term operating lease liabilities	447	0
Deferred income taxes	3,591	3,552
Accrued pension costs	1,057	1,221
Accrued postretirement health care costs	355	351
Other liabilities	2,387	2,623
TOTAL LIABILITIES	37,399	37,016
Commitments and Contingencies (Note 13)
EQUITY
Common Stock, no par value (5,000,000,000 shares authorized and 1,996,537,778 shares issued at June 30, 2019 and December 31, 2018)	0	0
Additional paid-in capital	31,970	31,961
Retained earnings	25,348	24,491
Accumulated other comprehensive losses	(10,541)	(10,630)
Treasury stock, at cost (554,035,528 shares at June 30, 2019 and 545,537,923 shares at December 31, 2018)	(20,684)	(20,185)
Total Mondelēz International Shareholders’ Equity	26,093	25,637
Noncontrolling interest	81	76
TOTAL EQUITY	26,174	25,713
TOTAL LIABILITIES AND EQUITY	$ 63,573	$ 62,729

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Trade receivables, allowances	$ 38	$ 40
Other receivables, allowances	$ 49	$ 47
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	5,000,000,000	5,000,000,000
Common stock, shares issued (in shares)	1,996,537,778	1,996,537,778
Treasury stock, at cost (in shares)	554,035,528	545,537,923

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Earnings/(Losses)	Treasury Stock	Non-controlling Interest
Balance at beginning of period at Dec. 31, 2017	$ 26,074	$ 0	$ 31,915	$ 22,631	$ (9,997)	$ (18,555)	$ 80
Comprehensive earnings/(losses):
Net earnings	1,372			1,364			8
Other comprehensive earnings/(losses), net of income taxes	(523)				(526)		3
Exercise of stock options and issuance of other stock awards	154		(2)	(60)		216
Common Stock repurchased	(1,150)					(1,150)
Cash dividends declared	(651)			(651)
Dividends paid on noncontrolling interest and other activities	(1)			6			(7)
Balance at end of period at Jun. 30, 2018	25,275	0	31,913	23,290	(10,523)	(19,489)	84
Balance at beginning of period at Mar. 31, 2018	26,544	0	31,876	23,305	(9,854)	(18,881)	98
Comprehensive earnings/(losses):
Net earnings	320			318			2
Other comprehensive earnings/(losses), net of income taxes	(681)				(669)		(12)
Exercise of stock options and issuance of other stock awards	70		37	(9)		42
Common Stock repurchased	(650)					(650)
Cash dividends declared	(324)			(324)
Dividends paid on noncontrolling interest and other activities	(4)						(4)
Balance at end of period at Jun. 30, 2018	25,275	0	31,913	23,290	(10,523)	(19,489)	84
Balance at beginning of period at Dec. 31, 2018	25,713	0	31,961	24,491	(10,630)	(20,185)	76
Comprehensive earnings/(losses):
Net earnings	1,728			1,721			7
Other comprehensive earnings/(losses), net of income taxes	90				89		1
Exercise of stock options and issuance of other stock awards	340		9	(111)		442
Common Stock repurchased	(941)					(941)
Cash dividends declared	(753)			(753)
Dividends paid on noncontrolling interest and other activities	(3)						(3)
Balance at end of period at Jun. 30, 2019	26,174	0	31,970	25,348	(10,541)	(20,684)	81
Balance at beginning of period at Mar. 31, 2019	25,909	0	31,933	24,954	(10,498)	(20,561)	81
Comprehensive earnings/(losses):
Net earnings	808			807			1
Other comprehensive earnings/(losses), net of income taxes	(41)				(43)		2
Exercise of stock options and issuance of other stock awards	155		37	(35)		153
Common Stock repurchased	(276)					(276)
Cash dividends declared	(378)			(378)
Dividends paid on noncontrolling interest and other activities	(3)						(3)
Balance at end of period at Jun. 30, 2019	$ 26,174	$ 0	$ 31,970	$ 25,348	$ (10,541)	$ (20,684)	$ 81

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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+ Details

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
CASH PROVIDED BY/(USED IN) OPERATING ACTIVITIES
Net earnings	$ 1,728	$ 1,372
Adjustments to reconcile net earnings to operating cash flows:
Depreciation and amortization	517	407
Stock-based compensation expense	71	67
U.S. tax reform transition tax	2	86
Deferred income tax provision/(benefit)	36	(15)
Asset impairments and accelerated depreciation	4	43
Loss on debt extinguishment	0	140
Net gain on divestiture	(41)	0
Net loss on equity method investment transactions	2	0
Equity method investment net earnings	(226)	(319)
Distributions from equity method investments	188	151
Other non-cash items, net	(46)	366
Change in assets and liabilities, net of acquisitions and divestitures:
Receivables, net	135	112
Inventories, net	(145)	(240)
Accounts payable	(430)	(325)
Other current assets	(20)	(41)
Other current liabilities	(638)	(481)
Change in pension and postretirement assets and liabilities, net	(91)	(141)
Net cash provided by operating activities	1,046	1,182
CASH PROVIDED BY/(USED IN) INVESTING ACTIVITIES
Capital expenditures	(465)	(532)
Acquisition, net of cash received	0	(528)
Proceeds from divestiture, net of disbursements	163	0
Proceeds from sale of property, plant and equipment and other	35	19
Net cash used in investing activities	(267)	(1,041)
CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES
Issuances of commercial paper, maturities greater than 90 days	809	1,315
Repayments of commercial paper, maturities greater than 90 days	(2,169)	(1,020)
Net issuances of other short-term borrowings	1,958	298
Long-term debt proceeds	597	2,948
Long-term debt repaid	(409)	(1,442)
Repurchase of Common Stock	(940)	(1,177)
Dividends paid	(756)	(657)
Other	271	124
Net cash (used in)/provided by financing activities	(639)	389
Effect of exchange rate changes on cash and cash equivalents	8	(45)
Cash and cash equivalents:
Increase	148	485
Balance at beginning of period	1,100	761
Balance at end of period	$ 1,248	$ 1,246

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Note 1. Basis of Presentation Our interim condensed consolidated financial statements are unaudited. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted. It is management’s opinion that these financial statements include all normal and recurring adjustments necessary for a fair presentation of our results of operations, financial position and cash flows. Results of operations for any interim period are not necessarily indicative of future or annual results. For a complete set of consolidated financial statements and related notes, refer to our Annual Report on Form 10-K for the year ended December 31, 2018. Principles of Consolidation: The condensed consolidated financial statements include Mondelēz International, Inc. as well as our wholly owned and majority owned subsidiaries, except our Venezuelan subsidiaries that were deconsolidated in 2015. All intercompany transactions are eliminated. The noncontrolling interest represents the noncontrolling investors' interests in the results of subsidiaries that we control and consolidate. We account for investments over which we exercise significant influence under the equity method of accounting. Investments over which we do not have significant influence or control are not material and are carried at cost as there is no readily determinable fair value for the equity interests. Currency Translation and Highly Inflationary Accounting: We translate the results of operations of our subsidiaries from multiple currencies using average exchange rates during each period and translate balance sheet accounts using exchange rates at the end of each period. We record currency translation adjustments as a component of equity (except for highly inflationary currencies) and realized exchange gains and losses on transactions in earnings. Highly inflationary accounting is triggered when a country’s three-year cumulative inflation rate exceeds 100%. It requires the remeasurement of financial statements of subsidiaries in the country from the functional currency of the subsidiary to our U.S. dollar reporting currency, with currency remeasurement gains or losses recorded in earnings. As discussed below, beginning on July 1, 2018, we began to apply highly inflationary accounting for our operations in Argentina. Argentina. During the second quarter of 2018, primarily based on published estimates that indicated that Argentina's three-year cumulative inflation rate exceeded 100%, we concluded that Argentina became a highly inflationary economy for accounting purposes. As of July 1, 2018, we began to apply highly inflationary accounting for our Argentinian subsidiaries and changed their functional currency from the Argentinian peso to the U.S. dollar. On July 1, 2018, both monetary and non-monetary assets and liabilities denominated in Argentinian pesos were remeasured into U.S. dollars using the exchange rate as of the balance sheet date, with remeasurement and other transaction gains and losses recorded in net earnings. As of June 30, 2019, our Argentinian operations had $12 million of Argentinian peso denominated net monetary liabilities. Our Argentinian operations contributed $99 million, or 1.6% of consolidated net revenues in the three months and $199 million, or 1.6%, of consolidated net revenues in the six months ended June 30, 2019. We recorded a remeasurement gain of $1 million during the three months ended June 30, 2019 and a remeasurement loss of $1 million during the six months ended June 30, 2019 within selling, general and administrative expenses related to the revaluation of the Argentinian peso denominated net monetary assets. Brexit. In the six months ended June 30, 2019, we generated 8.4% of our consolidated net revenues in the United Kingdom. We continue to monitor the U.K. planned exit from the European Union ("Brexit"), the deadline for which has been extended through October 31, 2019. We continue to take protective measures in response to the potential impacts on our results of operations and financial condition. Following the Brexit vote in June 2016, there was significant volatility in the global stock markets and currency exchange rates. The value of the British pound sterling relative to the U.S. dollar declined significantly and negatively affected our translated results reported in U.S. dollars. If the ultimate terms of the United Kingdom’s separation from the European Union negatively impact the U.K. economy or result in disruptions to sales or our supply chain, the impact to our results of operations and financial condition could be material. We have taken measures to increase our resources in customer service & logistics together with increasing our inventory levels of imported raw materials, packaging and finished goods in the United Kingdom to help us manage through the Brexit transition and the inherent risks. Other Countries. Since we sell our products in over 150 countries and have operations in over 80 countries, we monitor economic and currency-related risks and seek to take protective measures in response to these exposures. Some of the countries in which we do business have recently experienced periods of significant economic uncertainty and exchange rate volatility, including Brazil, China, Mexico, Russia, Ukraine, Turkey, Egypt, Nigeria, South Africa and Pakistan. We continue to monitor operations, currencies and net monetary exposures in these countries. At this time, we do not anticipate that these countries are at risk of becoming highly inflationary countries. Transfers of Financial Assets: We account for transfers of financial assets, such as uncommitted revolving non-recourse accounts receivable factoring arrangements, when we have surrendered control over the related assets. Determining whether control has transferred requires an evaluation of relevant legal considerations, an assessment of the nature and extent of our continuing involvement with the assets transferred and any other relevant considerations. We use receivable factoring arrangements periodically when circumstances are favorable to manage liquidity. We have non-recourse factoring arrangements in which we sell eligible trade receivables primarily to banks in exchange for cash. We may then continue to collect the receivables sold, acting solely as a collecting agent on behalf of the banks. The outstanding principal amount of receivables under these arrangements amounted to $712 million as of June 30, 2019 and $819 million as of December 31, 2018. The incremental cost of factoring receivables under this arrangement was not material for all periods presented. The proceeds from the sales of receivables are included in cash from operating activities in the condensed consolidated statements of cash flows. Leases: We determine whether a contract is or contains a lease at contract inception. On January 1, 2019, we began to record operating leases on our condensed consolidated balance sheet. We elected not to recognize right-of-use ("ROU") assets and lease liabilities for short-term operating leases with terms of 12 months or less. Long-term operating lease ROU assets and long-term operating lease liabilities are presented separately and operating lease liabilities payable in the next twelve months are recorded in other current liabilities. Finance lease ROU assets continue to be presented in property, plant and equipment and the related finance lease liabilities continue to be presented in the current portion of long-term debt and long-term debt. Lease ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets are recognized at commencement date at the value of the lease liability, adjusted for any prepayments, lease incentives received and initial direct costs incurred. Lease liabilities are recognized at commencement date based on the present value of remaining lease payments over the lease term. The non-recurring fair value measurement is classified as Level 3 as no fair value inputs are observable. As the rate implicit in the lease is not readily determinable in most of our leases, we use our country-specific incremental borrowing rate based on the lease term using information available at commencement date in determining the present value of lease payments. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Many of our leases contain non-lease components (e.g. product costs, common-area or other maintenance costs) that relate to the lease components of the agreement. Non-lease components and the lease components to which they relate are accounted for as a single lease component as we have elected to combine lease and non-lease components for all classes of underlying assets. Amortization of ROU lease assets is calculated on a straight-line basis over the lease term with the expense recorded in cost of sales or selling, general and administrative expenses depending on the nature of the leased item. Interest expense is recorded over the lease term and is recorded in interest expense (based on a front-loaded interest expense pattern) for finance leases and is recorded in cost of sales or selling, general and administrative expenses (on a straight-line basis) for operating leases. All operating lease cash payments and interest on finance leases are recorded within cash flows from operating activities and all finance lease principal payments are recorded within cash flows from financing activities in the condensed consolidated statements of cash flows. New Accounting Pronouncements: In August 2018, the Financial Accounting Standards Board ("FASB") issued an Accounting Standards Update ("ASU") that aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs for internal-use software. This ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. We are currently assessing the impact on our consolidated financial statements. In August 2018, the FASB issued an ASU that modifies the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. The ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The new standard may impact our disclosures and is not expected to have an impact on our consolidated financial statements. In August 2018, the FASB issued an ASU that modifies the disclosure requirements on fair value measurements. The ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The new standard may impact our disclosures and is not expected to have an impact on our consolidated financial statements. In February 2018, the FASB issued an ASU that permits entities to elect a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the 2017 enactment of U.S. tax reform legislation. The ASU is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. We did not elect to reclassify these stranded tax effects from U.S. tax reform when we adopted this ASU in the first quarter of 2019. As such, this ASU did not have a material impact on our consolidated financial statements. Our policy is to release stranded tax effects from accumulated other comprehensive income under the portfolio method rather than on an individual item by item basis. In June 2016, the FASB issued an ASU on the measurement of credit losses on financial instruments. This ASU requires entities to measure the impairment of certain financial instruments, including trade receivables, based on expected losses rather than incurred losses. This ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted for financial statement periods beginning after December 15, 2018. We are currently assessing the guidance. This ASU is not expected to have a material impact on our consolidated financial statements. In February 2016, the FASB issued an ASU on lease accounting to increase transparency and comparability among organizations by requiring the recognition of ROU assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The ASU revises existing U.S. GAAP and outlines a new model for lessors and lessees to use in accounting for lease contracts. The guidance requires lessees to recognize a ROU asset and a lease liability on the balance sheet for all leases, with the exception of short-term leases. In the statement of earnings, lessees will classify leases as either operating or financing. In July 2018, the FASB issued an ASU that allows for an alternative transition approach, which does not require adjustments to comparative prior-period amounts. The ASU is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. We adopted the new standard on January 1, 2019. We elected to apply the package of practical expedients that allowed us not to reassess the lease classification and initial direct costs for expired or existing leases or whether expired or existing contracts contain leases. We elected not to separate non-lease components from lease components and to account for both as a single lease component by class of the underlying asset. The impact of adopting the standard included the initial recognition as of January 1, 2019, of $710 million of lease related assets and $730 million of lease related liabilities on our condensed consolidated balance sheet. The transition method we elected for adoption requires a cumulative effect adjustment to retained earnings as of January 1, 2019, which was not material. Reclassifications: Certain amounts previously reported have been reclassified to conform to current-year presentation. During the third quarter of 2018, in connection with the Keurig Dr Pepper Inc. transaction, we changed our accounting principle to reflect our share of Keurig Green Mountain Inc.’s historical results and Keurig Dr Pepper Inc.'s ongoing results on a one-quarter lag basis while we continue to record dividends when cash is received. This change was applied retrospectively to all periods presented. Refer to Note 7, Equity Method Investments, for more information.

Leases

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Leases, Operating

Note 5. Leases

We have operating and finance leases for manufacturing and distribution facilities, vehicles, equipment and office space. Our leases have remaining lease terms of 1 to 9 years, some of which include options to extend the leases for up to 6 years. We assume the majority of our termination options will not be exercised when determining the lease term of our leases. We do not include significant restrictions or covenants in our lease agreements, and residual value guarantees are generally not included within our operating leases, with the exception of some fleet leases. Some of our leasing arrangements require variable payments that are dependent on usage or output or may vary for other reasons, such as product costs, insurance and tax payments. These variable payment leases are not included in our recorded lease assets and liabilities and are expensed as incurred. Certain leases are tied to a variable index or rate and are included in our lease assets and liabilities based on the indices or rates as of lease commencement.

The components of lease costs were as follows:



	For the Three Months Ended June 30, 2019			For the Six Months Ended June 30, 2019
	(in millions)
Operating lease cost	$	56		$	115

Finance lease cost:
Amortization of right-of-use assets	6			10
Interest on lease liabilities	—			1

Short-term lease cost	11			20
Variable lease cost	105			205

Sublease income	(1		)	(2		)

Total lease cost	$	177		$	349

Supplemental cash flow information related to leases was as follows:



	For the Six Months Ended June 30, 2019
	(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(135	)
Operating cash flows from finance leases	(1		)
Financing cash flows from finance leases	(9		)

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	78
Finance leases	17

Supplemental balance sheet information related to leases was as follows:



	As of June 30, 2019
	(in millions)
Operating Leases:
Operating lease right-of-use assets, net of amortization	$	637

Other current liabilities	$	197
Operating lease liabilities	447
Total operating lease liabilities	$	644

Finance Leases:
Finance leases, net of amortization (within property, plant & equipment)	$	58

Other current liabilities	$	21
Other long-term liabilities	40
Total finance lease liabilities	$	61

Weighted Average Remaining Lease Term
Operating leases	5.0 years
Finance leases	3.1 years

Weighted Average Discount Rate
Operating leases	3.5%
Finance leases	4.8%

Future lease payments under non-cancelable leases under prior lease accounting rules (ASC 840) and under the new lease accounting rules (ASC 842) that went into effect on January 1, 2019 were as follows:



	As of June 30, 2019						As of December 31, 2018
	ASC 842						ASC 840
	Operating Leases			Finance Leases			Operating Leases
	(in millions)
Year Ending December 31:
2019 (excluding the six months ended June 30, 2019)	$	113		$	13
2019							$	208
2020	193			23			165
2021	137			18			114
2022	96			7			79
2023	63			2			57
Thereafter	120			1			157
Total future undiscounted lease payments	$	722		$	64		$	780
Less imputed interest	(78		)	(3		)
Total reported lease liability	$	644		$	61

In 2020, we expect to record a $46 million operating lease liability for a 15 year lease that has not yet commenced.

Leases, Finance

Note 5. Leases

The components of lease costs were as follows:



	For the Three Months Ended June 30, 2019			For the Six Months Ended June 30, 2019
	(in millions)
Operating lease cost	$	56		$	115

Finance lease cost:
Amortization of right-of-use assets	6			10
Interest on lease liabilities	—			1

Short-term lease cost	11			20
Variable lease cost	105			205

Sublease income	(1		)	(2		)

Total lease cost	$	177		$	349

Supplemental cash flow information related to leases was as follows:



	For the Six Months Ended June 30, 2019
	(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(135	)
Operating cash flows from finance leases	(1		)
Financing cash flows from finance leases	(9		)

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	78
Finance leases	17

Supplemental balance sheet information related to leases was as follows:



	As of June 30, 2019
	(in millions)
Operating Leases:
Operating lease right-of-use assets, net of amortization	$	637

Other current liabilities	$	197
Operating lease liabilities	447
Total operating lease liabilities	$	644

Finance Leases:
Finance leases, net of amortization (within property, plant & equipment)	$	58

Other current liabilities	$	21
Other long-term liabilities	40
Total finance lease liabilities	$	61

Weighted Average Remaining Lease Term
Operating leases	5.0 years
Finance leases	3.1 years

Weighted Average Discount Rate
Operating leases	3.5%
Finance leases	4.8%



	As of June 30, 2019						As of December 31, 2018
	ASC 842						ASC 840
	Operating Leases			Finance Leases			Operating Leases
	(in millions)
Year Ending December 31:
2019 (excluding the six months ended June 30, 2019)	$	113		$	13
2019							$	208
2020	193			23			165
2021	137			18			114
2022	96			7			79
2023	63			2			57
Thereafter	120			1			157
Total future undiscounted lease payments	$	722		$	64		$	780
Less imputed interest	(78		)	(3		)
Total reported lease liability	$	644		$	61

In 2020, we expect to record a $46 million operating lease liability for a 15 year lease that has not yet commenced.

Equity Method Investments

6 Months Ended

Jun. 30, 2019

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

Note 7. Equity Method Investments

Our investments accounted for under the equity method of accounting totaled $7,095 million as of June 30, 2019 and $7,123 million as of December 31, 2018. Our largest investments are in Jacobs Douwe Egberts (“JDE”) and Keurig Dr Pepper Inc. (NYSE: "KDP”).

JDE:

As of June 30, 2019, we held a 26.5% voting interest, a 26.4% ownership interest and a 26.2% profit and dividend sharing interest in JDE. We recorded equity earnings of $53 million in the second quarter of 2019 and $42 million in the second quarter of 2018 and $103 million in the first six months of 2019 and $88 million in the first six months of 2018. We also recorded $73 million of cash dividends received during the first quarter of 2019 and $73 million of cash dividends received during the first quarter of 2018.

JDE / Keurig Exchange:

On March 7, 2016, we exchanged a portion of our 43.5% JDE equity interest for a new equity interest in Keurig Green Mountain, Inc. ("Keurig"). Following the transaction, our JDE equity interest became 26.5% and our new Keurig equity interest was 24.2%. During the first quarter of 2016, we recorded the difference between the $2.0 billion fair value of Keurig and our basis in the exchanged JDE shares as a gain of $43 million. In the second quarter of 2019, we determined an adjustment to accumulated other comprehensive losses related to our JDE investment was required, which reduced our previously reported gain by $29 million. We recorded the adjustment in the net loss on equity method transactions in the second quarter.

Keurig Dr Pepper Transaction:

On July 9, 2018, Keurig closed on its definitive merger agreement with Dr Pepper Snapple Group, Inc., and formed Keurig Dr Pepper Inc. (NYSE: "KDP"), a publicly traded company. Following the close of the transaction, our 24.2% investment in Keurig together with our shareholder loan receivable became a 13.8% investment in KDP. During 2018, we recorded a pre-tax gain of $778 million reported as a gain on equity method transaction and $192 million of deferred tax expense reported in the provision for income taxes (or $586 million after-tax gain) related to the change in our ownership interest.

We hold two director positions on the KDP board as well as additional governance rights. As we continue to have significant influence, we continue to account for our investment in KDP under the equity method, resulting in recognizing our share of their earnings within our earnings and our share of their dividends within our cash flows.

In connection with this transaction, during the third quarter of 2018, we changed our accounting principle to reflect our share of Keurig's historical and KDP's ongoing earnings on a one-quarter lag basis while we continue to record dividends when cash is received. We determined a lag was preferable as it enables us to continue to report our quarterly and annual results on a timely basis and to record our share of KDP’s ongoing results once KDP has publicly reported its results. This change in accounting principle was applied retrospectively to all periods. While our operating income did not change, equity method investment net earnings, net earnings and earnings per share have been adjusted to reflect the lag across all reported periods.

The following tables show the primary line items on the condensed consolidated statements of earnings and comprehensive earnings that changed as a result of the lag. The condensed consolidated statements of cash flow and equity were also updated to reflect these changes.



	For the Three Months Ended June 30, 2018						For the Six Months Ended June 30, 2018
	As Reported			As Adjusted			As Reported			As Adjusted
	(in millions)
Statements of Earnings
Provision for income taxes	$	(14	)	$	(15	)	$	(321	)	$	(352	)
Equity method investment net earnings	91			87			185			319
Net earnings	325			320			1,269			1,372
Net earnings attributable to Mondelēz International	323			318			1,261			1,364
Earnings per share attributable to Mondelēz International:
Basic EPS	$	0.22		$	0.22		$	0.85		$	0.92
Diluted EPS	$	0.22		$	0.21		$	0.84		$	0.91

Statements of Other Comprehensive Earnings
Currency translation adjustment	$	(874	)	$	(876	)	$	(667	)	$	(666	)
Total other comprehensive earnings/(losses)	(680		)	(681		)	(525		)	(523		)
Comprehensive earnings attributable to Mondelēz International	(345		)	(351		)	733			838

As of June 30, 2019, we held a 13.6% ownership interest in KDP. Our ownership interest in KDP may change over time due to stock-based compensation arrangements and other transactions by KDP. During the first quarter of 2019, we recognized a $23 million pre-tax gain related to the impact of a KDP acquisition that decreased our ownership interest from 13.8% to 13.6%. As of June 30, 2019, based on KDP's closing stock price, the fair value of our ownership interest in KDP was $5.5 billion, which exceeded the carrying value of our KDP investment.

We recorded equity earnings and cash dividends of $35 million and $28 million in the second quarter of 2019 and equity earnings, shareholder loan interest and cash dividends of $16 million, $6 million and $2 million in the second quarter of 2018. We recorded equity earnings and cash dividends of $72 million and $57 million in the first six months of 2019 and equity earnings, shareholder loan interest and cash dividends of $170 million, $12 million and $5 million in the first six months of 2018.

Restructuring Program

6 Months Ended

Jun. 30, 2019

Restructuring and Related Activities [Abstract]

Restructuring Program

Note 8. Restructuring Program

On May 6, 2014, our Board of Directors approved a $3.5 billion 2014-2018 restructuring program and up to $2.2 billion of capital expenditures. On August 31, 2016, our Board of Directors approved a $600 million reallocation between restructuring program cash costs and capital expenditures so the $5.7 billion program consisted of approximately $4.1 billion of restructuring program charges ($3.1 billion cash costs and $1.0 billion non-cash costs) and up to $1.6 billion of capital expenditures. On September 6, 2018, our Board of Directors approved an extension of the restructuring program through 2022, an increase of $1.3 billion in the program charges and an increase of $700 million in capital expenditures. The total $7.7 billion program now consists of $5.4 billion of program charges ($4.1 billion of cash costs and $1.3 billion of non-cash costs) and total capital expenditures of $2.3 billion to be incurred over the life of the program. The current restructuring program, as increased and extended by these

actions, is now called the Simplify to Grow Program.

The primary objective of the Simplify to Grow Program is to reduce our operating cost structure in both our supply chain and overhead costs. The program covers severance as well as asset disposals and other manufacturing and procurement-related one-time costs. Since inception, we have incurred total restructuring and related implementation charges of $4.1 billion related to the Simplify to Grow Program. We expect to incur the program charges by year-end 2022.

Restructuring Costs:

The Simplify to Grow Program liability activity for the six months ended June 30, 2019 was:



	Severance and related costs			Asset Write-downs			Total
	(in millions)
Liability balance, January 1, 2019	$	373		$	—		$	373
Charges ⁽¹⁾	35			5			40
Cash spent	(89		)	—			(89		)
Non-cash settlements/adjustments ⁽²⁾	(30		)	(5		)	(35		)
Currency	(1		)	—			(1		)
Liability balance, June 30, 2019	$	288		$	—		$	288


(1)	Includes settlement losses of $5 million recorded within benefit plan non-service income on our condensed consolidated statements of earnings.


(2)	We adopted the new ASU on lease accounting as of January 1, 2019. The ASU requires recording onerous lease liabilities netted with right of use assets. Therefore, during the first quarter of 2019, we reclassified onerous lease liabilities that totaled $23 million as of March 31, 2019, from accrued liabilities and other accrued liabilities to operating lease right of use assets.

We recorded restructuring charges of $20 million in the second quarter of 2019 and $112 million in the second quarter of 2018 and $40 million in the first six months of 2019 and $164 million in the first six months of 2018 within asset impairment and exit costs and benefit plan non-service income. We spent $36 million in the second quarter of 2019 and $82 million in the second quarter of 2018 and $89 million in the first six months of 2019 and $161 million in the first six months of 2018 in cash severance and related costs. We also recognized non-cash pension settlement losses (See Note 11, Benefit Plans), non-cash asset write-downs (including accelerated depreciation and asset impairments) and other non-cash adjustments (including a transfer of onerous lease liabilities to operating lease ROU assets during the first quarter of 2019) totaling $6 million in the second quarter of 2019 and $14 million in the second quarter of 2018 and $35 million in the first six months of 2019 and $39 million in the first six months of 2018. At June 30, 2019, $248 million of our net restructuring liability was recorded within other current liabilities and $40 million was recorded within other long-term liabilities.

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 with more information on the total costs of our Simplify to Grow Program. Implementation costs primarily relate to reorganizing our operations and facilities in connection with our supply chain reinvention program and other identified productivity and cost saving initiatives. The costs include incremental expenses related to the closure of facilities, costs to terminate certain contracts and the simplification of our information systems. Within our continuing results of operations, we recorded implementation costs of $68 million in the second quarter of 2019 and $70 million in the second quarter of 2018 and $118 million in the first six months of 2019 and $132 million in the first six months of 2018. We recorded these costs within cost of sales and general corporate expense within selling, general and administrative expenses.

Restructuring and Implementation Costs:

During the three and six months ended June 30, 2019 and June 30, 2018, and since inception of the Simplify to Grow Program, we recorded the following restructuring and implementation costs within segment operating income and earnings before income taxes:



	Latin America		AMEA		Europe		North America ⁽¹⁾		Corporate ⁽²⁾			Total
	(in millions)
For the Three Months Ended June 30, 2019
Restructuring Costs	$	7	$	3	$	11	$	—	$	(1	)	$	20
Implementation Costs	13		6		17		9		23			68
Total	$	20	$	9	$	28	$	9	$	22		$	88
For the Three Months Ended June 30, 2018
Restructuring Costs	$	12	$	17	$	63	$	14	$	6		$	112
Implementation Costs	15		8		13		21		13			70
Total	$	27	$	25	$	76	$	35	$	19		$	182
For the Six Months Ended June 30, 2019
Restructuring Costs	$	7	$	9	$	11	$	6	$	7		$	40
Implementation Costs	28		13		28		13		36			118
Total	$	35	$	22	$	39	$	19	$	43		$	158
For the Six Months Ended June 30, 2018
Restructuring Costs	$	36	$	23	$	70	$	26	$	9		$	164
Implementation Costs	30		20		29		38		15			132
Total	$	66	$	43	$	99	$	64	$	24		$	296
Total Project ⁽³⁾
Restructuring Costs	$	500	$	526	$	982	$	459	$	123		$	2,590
Implementation Costs	247		181		373		345		314			1,460
Total	$	747	$	707	$	1,355	$	804	$	437		$	4,050


(1)	During 2019 and 2018, our North America region implementation costs included incremental costs that we incurred related to renegotiating collective bargaining agreements that expired in February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.


(2)	The Corporate column includes minor adjustments for pension settlement losses and rounding.

(3)

Includes all charges recorded since program inception on May 6, 2014 through June 30, 2019.

Debt and Borrowing Arrangements

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Debt and Borrowing Arrangements

Note 9. Debt and Borrowing Arrangements

Short-Term Borrowings:

Our short-term borrowings and related weighted-average interest rates consisted of:



	As of June 30, 2019				As of December 31, 2018
	Amount Outstanding		Weighted- Average Rate		Amount Outstanding		Weighted- Average Rate
	(in millions)				(in millions)
Commercial paper	$	3,543	2.6	%	$	3,054	2.9	%
Bank loans	237		14.4	%	138		10.5	%
Total short-term borrowings	$	3,780			$	3,192

As of June 30, 2019, commercial paper issued and outstanding had between 1 and 59 days remaining to maturity. Commercial paper borrowings increased since year end primarily as a result of issuances to finance share repurchases during the year, dividend payments and the payment of long term debt maturities.

Some of our international subsidiaries maintain primarily uncommitted credit lines to meet short-term working capital needs. Collectively, these credit lines amounted to $1.7 billion at June 30, 2019 and $1.7 billion at December 31, 2018. Borrowings on these lines were $237 million at June 30, 2019 and $138 million at December 31, 2018.

Borrowing Arrangements:

On February 27, 2019, to supplement our commercial paper program, we entered into a $1.5 billion revolving credit agreement for a 364-day senior unsecured credit facility that is scheduled to expire on February 26, 2020. The agreement replaces our previous credit agreement that matured on February 27, 2019 and includes the same terms and conditions as our existing $4.5 billion multi-year credit facility discussed below. As of June 30, 2019, no amounts were drawn on the facility.

On February 27, 2019, we entered into a $4.5 billion multi-year senior unsecured revolving credit facility for general corporate purposes, including working capital needs, and to support our commercial paper program. This agreement replaces our $4.5 billion amended and restated five-year revolving credit agreement, dated as of October 14, 2016. The revolving credit agreement is scheduled to expire on February 27, 2024. The revolving credit agreement includes a covenant that we maintain a minimum shareholders' equity of at least $24.6 billion, excluding accumulated other comprehensive earnings/(losses), the cumulative effects of any changes in accounting principles and earnings/(losses) recognized in connection with the ongoing application of any mark-to-market accounting for pensions and other retirement plans. At June 30, 2019, we complied with this covenant as our shareholders' equity, as defined by the covenant, was $36.6 billion. The revolving credit facility also contains customary representations, covenants and events to default. There are no credit rating triggers, provisions or other financial covenants that could require us to post collateral as security. As of June 30, 2019, no amounts were drawn on the facility.

Long-Term Debt:

On February 13, 2019, we issued $600 million of 3.625% U.S. dollar-denominated, fixed-rate notes that are scheduled to mature February 13, 2026. We received net proceeds of $595 million that were used to repay outstanding commercial paper borrowings and other debt. We recorded approximately $5 million of discounts and deferred financing costs, which will be amortized into interest expense over the life of the notes.

On February 1, 2019, $400 million of our U.S. dollar variable rate notes matured. The notes and accrued interest to date were paid with the issuance of commercial paper and cash on hand.

Our weighted-average interest rate on our total debt was 2.4% as of June 30, 2019, 2.3% as of December 31, 2018 and 2.1% as of December 31, 2017.

Fair Value of Our Debt:

The fair value of our short-term borrowings at June 30, 2019 and December 31, 2018 reflects current market interest rates and approximates the amounts we have recorded on our condensed consolidated balance sheets. The fair value of our long-term debt was determined using quoted prices in active markets (Level 1 valuation data) for the publicly traded debt obligations. At June 30, 2019, the aggregate fair value of our total debt was $20,009 million and its carrying value was $19,219 million. At December 31, 2018, the aggregate fair value of our total debt was $18,650 million and its carrying value was $18,372 million.

Interest and Other Expense, net:

Interest and other expense, net consisted of:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Interest expense, debt	$	127		$	115		$	250		$	217
Loss on debt extinguishment	—			140			—			140
Loss/(gain) related to interest rate swaps	—			5			—			(9		)
Other (income)/expense, net	(26		)	(12		)	(69		)	(20		)
Interest and other expense, net	$	101		$	248		$	181		$	328

Other income includes amounts related to our net investment hedge derivative contracts that are excluded from hedge effectiveness and totaled $34 million and $67 million for the three and six months ended June 30, 2019 and $33 million and $50 million for the three and six months ended June 30, 2018.

Financial Instruments

6 Months Ended

Jun. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments

Note 10. Financial Instruments

Fair Value of Derivative Instruments:

Derivative instruments were recorded at fair value in the condensed consolidated balance sheets as follows:



	As of June 30, 2019				As of December 31, 2018
	Asset Derivatives		Liability Derivatives		Asset Derivatives		Liability Derivatives
	(in millions)
Derivatives designated as accounting hedges:
Interest rate contracts	$	16	$	453	$	17	$	355
Net investment hedge derivative contracts ⁽¹⁾	434		10		337		28
	$	450	$	463	$	354	$	383
Derivatives not designated as accounting hedges:
Currency exchange contracts	$	40	$	54	$	72	$	37
Commodity contracts	223		170		191		210
	$	263	$	224	$	263	$	247
Total fair value	$	713	$	687	$	617	$	630

(1)

Net investment hedge contracts consist of cross-currency interest rate swaps and forward contracts. We also designate some of our non-U.S. dollar denominated debt to hedge a portion of our net investments in our non-U.S. operations. This debt is not reflected in the table above, but is included in long-term debt discussed in Note 9, Debt and Borrowing Arrangements. Both net investment hedge derivative contracts and non-U.S. dollar denominated debt acting as net investment hedges are also disclosed in the Derivative Volume table and the Hedges of Net Investments in International Operations section appearing later in this footnote.

Derivatives designated as accounting hedges include cash flow and net investment hedge derivative contracts. Our economic hedges are derivatives not designated as accounting hedges. We record derivative assets and liabilities on a gross basis on our condensed consolidated balance sheets. The fair value of our asset derivatives is recorded within other current assets and the fair value of our liability derivatives is recorded within other current liabilities.

The fair values (asset/(liability)) of our derivative instruments were determined using:



	As of June 30, 2019
	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)
Currency exchange contracts	$	(14	)	$	—	$	(14	)	$	—
Commodity contracts	53			37		16			—
Interest rate contracts	(437		)	—		(437		)	—
Net investment hedge contracts	424			—		424			—
Total derivatives	$	26		$	37	$	(11	)	$	—



	As of December 31, 2018
	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)
Currency exchange contracts	$	35		$	—		$	35		$	—
Commodity contracts	(19		)	(1		)	(18		)	—
Interest rate contracts	(338		)	—			(338		)	—
Net investment hedge contracts	309			—			309			—
Total derivatives	$	(13	)	$	(1	)	$	(12	)	$	—

Level 1 financial assets and liabilities consist of exchange-traded commodity futures and listed options. The fair value of these instruments is determined based on quoted market prices on commodity exchanges.

Level 2 financial assets and liabilities consist primarily of over-the-counter (“OTC”) currency exchange forwards, options and swaps; commodity forwards and options; and interest rate swaps. Our currency exchange contracts are valued using an income approach based on observable market forward rates less the contract rate multiplied by the notional amount. 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 that rely on market observable inputs such as commodity prices. 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. Our OTC derivative transactions are governed by International Swap Dealers Association agreements and other standard industry contracts. Under these agreements, we do not post nor require collateral from our counterparties. The majority of our derivative contracts do not have a legal right of set-off. We manage the credit risk in connection with these and all our derivatives by entering into transactions with counterparties with investment grade credit ratings, limiting the amount of exposure with each counterparty and monitoring the financial condition of our counterparties.

Derivative Volume:

The notional values of our hedging instruments were:



	Notional Amount
	As of June 30, 2019		As of December 31, 2018
	(in millions)
Currency exchange contracts:
Intercompany loans and forecasted interest payments	$	3,707	$	3,239
Forecasted transactions	2,732		2,396
Commodity contracts	587		393
Interest rate contracts	7,661		8,679
Net investment hedges:
Net investment hedge derivative contracts	6,931		6,678
Non-U.S. dollar debt designated as net investment hedges
Euro notes	3,485		3,514
British pound sterling notes	334		336
Swiss franc notes	1,434		1,424
Canadian dollar notes	458		440

Cash Flow Hedges:

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



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Accumulated (loss)/gain at beginning of period	$	(236	)	$	(159	)	$	(167	)	$	(113	)
Transfer of realized losses/(gains) in fair value to earnings	12			5			12			(9		)
Unrealized (loss)/gain in fair value	(74		)	21			(143		)	(11		)
Accumulated (loss)/gain at end of period	$	(298	)	$	(133	)	$	(298	)	$	(133	)

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



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Interest rate contracts	$	(12	)	$	(5	)	$	(12	)	$	9

We recognized a loss of $12 million in the three and six months ended June 30, 2019 in the net loss on equity method investment transactions. Refer to Note 7, Equity Method Investments - JDE / Keurig Exchange. We recognized a loss of $5 million in the three months and a gain of $9 million in the six months ended June 30, 2018 in interest and other expense, net related to certain forward-starting interest rate swaps for which the planned timing of the related forecasted debt was changed.

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



	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2019			2018		2019			2018
	(in millions)
Currency exchange contracts – forecasted transactions	$	3		$	—	$	3		$	—
Interest rate contracts	(77		)	21		(146		)	(11		)
Total	$	(74	)	$	21	$	(143	)	$	(11	)

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 currency exchange contracts related to forecasted transactions;


•	cost of sales for commodity contracts; and


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

Based on current market conditions, we would expect to transfer losses of $89 million (net of taxes) for interest rate cash flow hedges to earnings during the next 12 months.

Cash Flow Hedge Coverage:

As of June 30, 2019, our longest dated cash flow hedges were interest rate swaps that hedge forecasted interest rate payments over the next 4 years and 4 months.

Hedges of Net Investments in International Operations:

Net investment hedge derivative contracts:

We enter into cross-currency interest rate swaps and forwards to hedge certain investments in our non-U.S. operations against movements in exchange rates. The aggregate notional value as of June 30, 2019 was $6.9 billion. The after-tax unrealized gain/(loss) on these net investment hedge contracts was recorded in the cumulative translation adjustment section of other comprehensive income and was $60 million for the three months and $74 million for the six months ended June 30, 2019 and $276 million for the three months and $265 million for the six months ended June 30, 2018. In addition, the after-tax realized gain/(loss) on net investment hedge contracts settled in the current period recorded in the cumulative translation adjustment section of other comprehensive income was $(7) million for the three months ended June 30, 2019. There were no after-tax gains/(losses) reclassified from accumulated other comprehensive earnings/(losses) into net earnings in the three and six months ended June 30, 2019 and June 30, 2018. We elected to record changes in the fair value of amounts excluded from the assessment of effectiveness in net earnings. Amounts excluded from the assessment of hedge effectiveness were $34 million for the three months and $67 million for the six months ended June 30, 2019 and $33 million for the three months and $50 million for the six months ended June 30, 2018 and were recorded as income in interest and other expense, net. The cash flows from these contracts are reported as other investing activities in the condensed consolidated statement of cash flows.

Non-U.S. dollar debt designated as net investment hedges:

After-tax gains/(losses) related to hedges of net investments in international operations in the form of euro, British pound sterling, Swiss franc and Canadian dollar-denominated debt were recorded within the cumulative translation adjustment section of other comprehensive income and were:



	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2019			2018		2019			2018
	(in millions)
Euro notes	$	(36	)	$	151	$	22		$	76
British pound sterling notes	7			21		1			8
Swiss franc notes	(21		)	42		(8		)	16
Canadian notes	(7		)	6		(14		)	4

Economic Hedges:

Pre-tax gains/(losses) recorded in net earnings for economic hedges were:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,						Location of Gain/(Loss) Recognized in Earnings
	2019			2018			2019			2018			Location of Gain/(Loss) Recognized in Earnings
	(in millions)
Currency exchange contracts:
Intercompany loans and forecasted interest payments	$	(50	)	$	7		$	11		$	14		Interest and other expense, net
Forecasted transactions	(25		)	72			(20		)	65			Cost of sales
Forecasted transactions	(1		)	—			(1		)	(5		)	Interest and other expense, net
Forecasted transactions	(5		)	(1		)	(5		)	(4		)	Selling, general and administrative expenses
Commodity contracts	52			(48		)	66			101			Cost of sales
Total	$	(29	)	$	30		$	51		$	171

Benefit Plans

6 Months Ended

Jun. 30, 2019

Retirement Benefits [Abstract]

Benefit Plans

Note 11. Benefit Plans

Pension Plans

Components of Net Periodic Pension Cost:

Net periodic pension cost consisted of the following:



	U.S. Plans						Non-U.S. Plans
	For the Three Months Ended June 30,						For the Three Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Service cost	$	9		$	10		$	30		$	37
Interest cost	15			15			51			50
Expected return on plan assets	(22		)	(22		)	(101		)	(114		)
Amortization:
Net loss from experience differences	5			9			37			42
Prior service cost/(benefit)	1			—			(1		)	(1		)
Settlement losses and other expenses ⁽¹⁾	4			8			3			—
Net periodic pension cost	$	12		$	20		$	19		$	14

	U.S. Plans						Non-U.S. Plans
	For the Six Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Service cost	$	18		$	22		$	61		$	75
Interest cost	31			30			102			102
Expected return on plan assets	(44		)	(44		)	(204		)	(231		)
Amortization:
Net loss from experience differences	10			20			75			84
Prior service cost/(credit)	1			1			(3		)	(1		)
Settlement losses and other expenses ⁽¹⁾	8			15			3			—
Net periodic pension cost	$	24		$	44		$	34		$	29


(1)	In connection with our Simplify to Grow Program, settlement losses and other expenses were $5 million for the three and six months ended June 30, 2019 and $3 million for the three and six months ended June 30, 2018. These losses were recorded within benefit plan non-service income on our condensed consolidated statements of earnings.

Employer Contributions:

During the six months ended June 30, 2019, we contributed $4 million to our U.S. pension plans and $131 million to our non-U.S. pension plans, including $74 million to plans in the United Kingdom and Ireland. We make contributions to our pension plans in accordance with local funding arrangements and statutory minimum funding requirements. Discretionary contributions are made to the extent that they are tax deductible and do not generate an excise tax liability.

As of June 30, 2019, over the remainder of 2019, we plan to make further contributions of approximately $1 million to our U.S. plans and approximately $101 million to our non-U.S. plans. 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.

Multiemployer Pension Plans:

The most individually significant multiemployer plan we participated in prior to the second quarter of 2018 was the Bakery and Confectionery Union and Industry International Pension Fund (the "Fund"). Our obligation to contribute to the Fund arose with respect to 8 collective bargaining agreements covering most of our employees represented by

the Bakery, Confectionery, Tobacco and Grain Millers Union. All of those collective bargaining agreements expired in 2016 and we continued to contribute to the Fund through 2018.

During 2018, we executed a complete withdrawal from the Fund and recorded an estimate of the withdrawal liability. On July 11, 2019, we received a withdrawal liability assessment from the Fund totaling $526 million and requiring pro-rata monthly payments over 20 years. To meet this obligation, we will begin payments during the second half of 2019. Within selling, general and administrative expenses, we recorded a $35 million ($26 million net of tax) adjustment in the three months ended June 30, 2019 and a $408 million ($305 million net of tax) estimated charge in the three months ended June 30, 2018, related to the discounted withdrawal liability. As of June 30, 2019, the discounted withdrawal liability was $396 million, with $22 million recorded in other current liabilities and $374 million recorded in long-term other liabilities.

Postretirement Benefit Plans

Net periodic postretirement health care benefit consisted of the following:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Service cost	$	2		$	1		$	3		$	3
Interest cost	3			3			7			7
Amortization:
Net loss from experience differences	1			3			3			7
Prior service credit	(9		)	(9		)	(19		)	(19		)
Net periodic postretirement health care benefit	$	(3	)	$	(2	)	$	(6	)	$	(2	)

Postemployment Benefit Plans

Net periodic postemployment cost consisted of the following:



	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2019		2018		2019			2018
	(in millions)
Service cost	$	2	$	1	$	3		$	3
Interest cost	1		1		2			2
Amortization of net gains	—		—		(1		)	(1		)
Net periodic postemployment cost	$	3	$	2	$	4		$	4

Stock Plans

6 Months Ended

Jun. 30, 2019

Share-based Payment Arrangement [Abstract]

Stock Plans

Note 12. Stock Plans

Stock Options:

Stock option activity is reflected below:



	Shares Subject to Option		Weighted- Average Exercise or Grant Price Per Share	Average Remaining Contractual Term	Aggregate Intrinsic Value
Balance at January 1, 2019	43,818,830		$32.36	5 years	$	371	million
Annual grant to eligible employees	4,793,570		47.72
Additional options issued	60,030		51.25
Total options granted	4,853,600		47.76
Options exercised ⁽¹⁾	(10,842,077	)	27.03		$	235	million
Options canceled	(697,437	)	40.51
Balance at June 30, 2019	37,132,916		35.78	6 years	$	673	million


(1)	Cash received from options exercised was $118 million in the three months and $293 million in the six months ended June 30, 2019. The actual tax benefit realized and recorded in the provision for income taxes for the tax deductions from the option exercises totaled $13 million in the three months and $29 million in the six months ended June 30, 2019.

Performance Share Units and Other Stock-Based Awards:

Our performance share unit, deferred stock unit and historically granted restricted stock activity is reflected below:



	Number of Shares		Grant Date	Weighted-Average Fair Value Per Share ⁽³⁾	Weighted-Average Aggregate Fair Value ⁽³⁾
Balance at January 1, 2019	6,559,010			$42.19
Annual grant to eligible employees:			Feb 22, 2019
Performance share units	891,210			57.91
Deferred stock units	666,880			47.72
Additional shares granted ⁽¹⁾	115,353		Various	55.04
Total shares granted	1,673,443			53.65	$	90	million
Vested ⁽²⁾	(1,614,690	)		36.61	$	59	million
Forfeited ⁽²⁾	(356,333	)		44.36
Balance at June 30, 2019	6,261,430			46.56


(1)	Includes performance share units and deferred stock units.


(2)	Includes performance share units, deferred stock units and historically granted restricted stock. The actual tax benefit/(expense) realized and recorded in the provision for income taxes for the tax deductions from the shares vested totaled less than $1 million in the three months and $2 million in the six months ended June 30, 2019.

(3)

The grant date fair value of performance share units is determined based on the Monte Carlo simulation model for the market-based total shareholder return component and the closing market price of the Company’s stock on the grant date for performance-based components. The Monte Carlo simulation model incorporates the probability of achieving the total shareholder return market condition. Compensation expense is recognized using the grant date fair values regardless of whether the market condition is achieved, so long as the requisite service has been provided.

Share Repurchase Program:

Between 2013 and 2017, our Board of Directors authorized the repurchase of a total of $13.7 billion of our Common Stock through December 31, 2018. On January 31, 2018, our Finance Committee, with authorization delegated from our Board of Directors, approved an increase of $6.0 billion in the share repurchase program, raising the authorization to $19.7 billion of Common Stock repurchases, and extended the program through December 31, 2020. Repurchases under the program are determined by management and are wholly discretionary. Prior to January 1, 2019, we had repurchased $15.0 billion of Common Stock pursuant to this authorization. During the six months ended June 30, 2019, we repurchased approximately 21 million shares of Common Stock at an average cost of $45.84 per share, or an aggregate cost of approximately $1.0 billion, all of which was paid during the period except for approximately $1 million settled in July 2019. All share repurchases were funded through available cash and commercial paper issuances. As of June 30, 2019, we have $3.7 billion in remaining share repurchase capacity.

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 13. 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. In February 2013 and March 2014, Cadbury India Limited (now known as Mondelez India Foods Private Limited), a subsidiary of Mondelēz International, and other parties received show cause notices from the Indian Central Excise Authority (the “Excise Authority”) calling upon the parties to demonstrate why the Excise Authority should not collect a total of 3.7 billion Indian rupees ($54 million as of June 30, 2019) of unpaid excise tax and an equivalent amount of penalties, as well as interest, related to production at the same Indian facility. We contested these demands for unpaid excise taxes, penalties and interest. On March 27, 2015, after several hearings, the Commissioner of the Excise Authority (the "Commissioner") issued an order denying the excise exemption that we claimed for the Indian facility for these periods and confirming the Excise Authority’s demands for total taxes and penalties in the amount of 5.8 billion Indian rupees ($85 million as of June 30, 2019) plus accrued interest. We have appealed this order. In addition, the Excise Authority issued additional show cause notices in February 2015, December 2015 and October 2017 on the same issue but covering the periods January-October 2014, November 2014-September 2015 and October 2015-June 2017, respectively. These three notices added a total of 4.9 billion Indian rupees ($70 million as of June 30, 2019) of allegedly unpaid excise taxes subject to penalties up to an equivalent amount plus accrued interest. On May 25, 2019, the Commissioner issued an order denying the excise exemption that we claimed for the Indian facility for these three periods and confirming the Excise Authority’s demands for total taxes and penalties in the amount of 9.3 billion Indian rupees ($135 million as of June 30, 2019) plus accrued interest. We plan to appeal this order. Interest will continue to accrue until the matters are resolved. With the implementation of the Goods and Services Tax in India in July 2017, we will not receive any further show cause notices for additional amounts on this issue. We believe that the decision to claim the excise tax benefit is valid and we are continuing to contest the show cause notices through the administrative and judicial process. As part of a continuing appeals process, we may be required to deposit an amount up to the equivalent of the total demand for unpaid excise taxes under the five show cause notices, which will be repaid if the proceedings conclude in our favor. We do not expect to be required to make any such deposit before 2020. On April 1, 2015, the U.S. Commodity Futures Trading Commission ("CFTC") filed a complaint against Kraft Foods Group and Mondelēz Global LLC (“Mondelēz Global”) in the U.S. District Court (the "Court") for the Northern District of Illinois, Eastern Division (the “CFTC action”) following its investigation of activities related to the trading of December 2011 wheat futures contracts that occurred prior to the spin-off of Kraft Foods Group. The complaint alleges that Kraft Foods Group and Mondelēz Global (1) manipulated or attempted to manipulate the wheat markets during the fall of 2011; (2) violated position limit levels for wheat futures and (3) engaged in non-competitive trades by trading both sides of exchange-for-physical Chicago Board of Trade wheat contracts. The CFTC seeks civil monetary penalties of either triple the monetary gain for each violation of the Commodity Exchange Act (the “Act”) or $1 million for each violation of Section 6(c)(1), 6(c)(3) or 9(a)(2) of the Act and $140,000 for each additional violation of the Act, plus post-judgment interest; an order of permanent injunction prohibiting Kraft Foods Group and Mondelēz Global from violating specified provisions of the Act; disgorgement of profits; and costs and fees. The parties reached an agreement in principle to resolve the CFTC action and were instructed by the Court to submit a proposed consent order reflecting their agreement prior to May 28, 2019. On May 28, 2019, the Court held a hearing and entered an order continuing the matter until July 30, 2019. On July 30, 2019, the Court continued the status hearing until August 13, 2019. Additionally, several class action complaints were filed against Kraft Foods Group and Mondelēz Global in the U.S. District Court for the Northern District of Illinois by investors in wheat futures and options on behalf of themselves and others similarly situated. The complaints make similar allegations as those made in the CFTC action, and the plaintiffs are seeking class action certification; monetary damages, interest and unjust enrichment; costs and fees; and injunctive, declaratory and other unspecified relief. In June 2015, these suits were consolidated in the Northern District of Illinois. We are contesting the plaintiffs' request for class certification. It is not possible to predict the outcome of these matters; however, based on our Separation and Distribution Agreement with Kraft Foods Group dated as of September 27, 2012, we expect to bear any monetary penalties or other payments in connection with the CFTC action. Although the CFTC action and the class action complaints involve the same alleged conduct, a resolution or decision with respect to one of the matters may not be dispositive as to the outcome of the other matter. On August 21, 2018, the Virginia Department of Environmental Quality (“VDEQ”) issued a Notice of Violation (“NOV”) to Mondelēz Global. In the NOV, the VDEQ alleges that in our Richmond bakery, one operating line did not have the proper minimum temperature on its pollution control equipment and that the bakery failed to provide certain observation and training records. The VDEQ indicated that the alleged violations may lead to a fine and/or injunctive relief. We are working with the VDEQ to reach a resolution of this matter, and we do not expect this matter to have a material effect on our financial results. We are a party to various legal proceedings incidental to our business, including those noted above in this section. We record provisions in the consolidated financial statements for pending litigation when we determine that an unfavorable outcome is probable and the amount of the loss can be reasonably estimated. For matters that are reasonably possible to result in an unfavorable outcome, management is unable to estimate the possible loss or range of loss or such amounts have been determined to be immaterial. At present we believe that the ultimate outcome of these proceedings, individually and in the aggregate, will not materially harm our financial position, results of operations or cash flows. However, legal proceedings and government investigations are subject to inherent uncertainties, and unfavorable rulings or other events could occur. Unfavorable resolutions could involve substantial monetary damages. In addition, in matters for which conduct remedies are sought, unfavorable resolutions could include an injunction or other order prohibiting us from selling one or more products at all or in particular ways, precluding particular business practices or requiring other remedies. An unfavorable outcome might result in a material adverse impact on our business, results of operations or financial position. Third-Party Guarantees: We enter into third-party guarantees primarily to cover 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 June 30, 2019, we had no material third-party guarantees recorded on our condensed consolidated balance sheet. Tax Matters: We are a party to various tax matter proceedings incidental to our business. These proceedings are subject to inherent uncertainties, and unfavorable outcomes could subject us to additional tax liabilities and could materially adversely impact our business, results of operations or financial position. A tax indemnification matter related to our 2007 acquisition of the LU biscuit business was closed during the quarter ended June 30, 2018. The closure had no impact on net earnings, however, it did result in a $15 million tax benefit that was fully offset by an $11 million expense in selling, general and administrative expenses and a $4 million expense in interest and other expense, net.

Reclassifications from Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

Reclassifications from Accumulated Other Comprehensive Income

Note 14. Reclassifications from Accumulated Other Comprehensive Income

The following table summarizes the changes in the accumulated balances of each component of accumulated other comprehensive earnings/(losses) attributable to Mondelēz International. Amounts reclassified from accumulated other comprehensive earnings/(losses) to net earnings (net of tax) were net losses of $59 million in the second quarter of 2019 and $45 million in the second quarter of 2018 and $88 million in the first six months of 2019 and $72 million in the first six months of 2018.



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Currency Translation Adjustments:
Balance at beginning of period	$	(8,412	)	$	(7,545	)	$	(8,603	)	$	(7,740	)
Currency translation adjustments	(32		)	(720		)	136			(557		)
Tax (expense)/benefit	(1		)	(156		)	21			(109		)
Other comprehensive earnings/(losses)	(33		)	(876		)	157			(666		)
Less: (earnings)/loss attributable to noncontrolling interests	(2		)	12			(1		)	(3		)
Balance at end of period	(8,447		)	(8,409		)	(8,447		)	(8,409		)
Pension and Other Benefit Plans:
Balance at beginning of period	$	(1,850	)	$	(2,150	)	$	(1,860	)	$	(2,144	)
Net actuarial gain/(loss) arising during period	1			38			(23		)	45
Tax (expense)/benefit on net actuarial gain/(loss)	1			(9		)	7			(9		)
Losses/(gains) reclassified into net earnings:
Amortization of experience losses and prior service costs ⁽¹⁾	34			44			66			91
Settlement losses and other expenses ⁽¹⁾	24			8			28			15
Tax expense/(benefit) on reclassifications ⁽²⁾	(11		)	(12		)	(18		)	(25		)
Currency impact	5			100			4			46
Other comprehensive earnings/(losses)	54			169			64			163
Balance at end of period	(1,796		)	(1,981		)	(1,796		)	(1,981		)
Derivative Cash Flow Hedges:
Balance at beginning of period	$	(236	)	$	(159	)	$	(167	)	$	(113	)
Net derivative gains/(losses)	(86		)	17			(163		)	(12		)
Tax (expense)/benefit on net derivative gain/(loss)	11			(4		)	19			(4		)
Losses/(gains) reclassified into net earnings:
Interest rate contracts ⁽³⁾	12			7			12			(11		)
Tax expense/(benefit) on reclassifications⁽²⁾	—			(2		)	—			2
Currency impact	1			8			1			5
Other comprehensive earnings/(losses)	(62		)	26			(131		)	(20		)
Balance at end of period	(298		)	(133		)	(298		)	(133		)
Accumulated other comprehensive income attributable to Mondelēz International:
Balance at beginning of period	$	(10,498	)	$	(9,854	)	$	(10,630	)	$	(9,997	)
Total other comprehensive earnings/(losses)	(41		)	(681		)	90			(523		)
Less: (earnings)/loss attributable to noncontrolling interests	(2		)	12			(1		)	(3		)
Other comprehensive earnings/(losses) attributable to Mondelēz International	(43		)	(669		)	89			(526		)
Balance at end of period	$	(10,541	)	$	(10,523	)	$	(10,541	)	$	(10,523	)


(1)	These reclassified losses are included in the components of net periodic benefit costs disclosed in Note 11, Benefit Plans, and net loss on equity method investment transactions.


(2)	Taxes reclassified to earnings are recorded within the provision for income taxes.

(3)

These reclassified gains or losses are recorded within interest and other expense, net and net loss on equity method investment transactions.

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 15. Income Taxes As of the second quarter of 2019, our estimated annual effective tax rate, which excludes discrete tax impacts, was 25.5%. This rate reflected the impact of unfavorable foreign provisions under U.S. tax laws and our tax related to earnings from equity method investments (the earnings are reported separately on our statement of earnings and thus not included in earnings before income taxes), partially offset by favorable impacts from the mix of pre-tax income in various non-U.S. jurisdictions. Our 2019 second quarter effective tax rate of 23.1% was impacted by a discrete net tax benefit of $8 million. The discrete net tax benefit primarily consisted of a $24 million net benefit from the release of uncertain tax positions due to the expirations of statutes of limitations and audit settlements in several jurisdictions, partially offset by $15 million expense from U.S. state legislative changes. Our effective tax rate for the six months ended June 30, 2019 of 21.2% was favorably impacted by discrete net tax benefits of $71 million, primarily driven by a $84 million net benefit from the release of liabilities for uncertain tax positions due to expirations of statutes of limitations and audit settlements in several jurisdictions. As of the second quarter of 2018, our estimated annual effective tax rate, which excluded discrete tax impacts, was 21.9%. This rate reflected our tax related to earnings from equity method investments (the earnings are reported separately on our statement of earnings and thus not included in earnings before income taxes), partially offset by favorable impacts from the mix of pre-tax income in various non-U.S. jurisdictions. Our 2018 second quarter effective tax rate of 6.0% was favorably impacted by a discrete net tax benefit of $32 million. The discrete net tax benefit primarily consisted of a $27 million net benefit from the release of uncertain tax positions due to expirations of statutes of limitations and audit settlements in several jurisdictions. Our effective tax rate for the six months ended June 30, 2018 of 25.1% was unfavorably impacted by net tax expense of $41 million from discrete one-time events. The discrete net tax expense primarily consisted of $86 million of additional transition tax liability recognized as an adjustment to the prior provisional estimate, offset by a $43 million net benefit from the release of uncertain tax positions due to expirations of statutes of limitations and audit settlements in various jurisdictions and a $22 million benefit from Argentinean refund claims.

Segment Reporting

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Segment Reporting

Note 17. Segment Reporting

We manufacture and market primarily snack food products, including biscuits (cookies, crackers and salted snacks), chocolate, gum & candy and various cheese & grocery products, as well as powdered beverage products.

We manage our global business and report operating results through geographic units. We manage our operations by region to leverage regional operating scale, manage different and changing business environments more effectively and pursue growth opportunities as they arise across our key markets. Our regional management teams have responsibility for the business, product categories and financial results in the regions.

Our operations and management structure are organized into four operating segments:

• Latin America

• AMEA

• Europe

• North America

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), general corporate expenses (which are a component of selling, general and administrative expenses) and 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 these items from segment operating income in order to provide better transparency of our segment operating results. Furthermore, we centrally manage benefit plan non-service income and 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.

Our segment net revenues and earnings were:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Net revenues:
Latin America	$	737		$	774		$	1,537		$	1,665
AMEA	1,352			1,360			2,893			2,902
Europe	2,247			2,303			4,798			5,009
North America	1,726			1,675			3,372			3,301
Net revenues	$	6,062		$	6,112		$	12,600		$	12,877
Earnings before income taxes:
Operating income:
Latin America	$	68		$	92		$	166		$	218
AMEA	191			177			447			405
Europe	408			367			908			864
North America	407			(95		)	726			180
Unrealized gains on hedging activities (mark-to-market impacts)	33			88			49			294
General corporate expenses	(79		)	(91		)	(188		)	(155		)
Amortization of intangibles	(43		)	(44		)	(87		)	(88		)
Net gain on divestitures	41			—			41			—
Acquisition-related costs	(1		)	(13		)	(1		)	(13		)
Operating income	1,025			481			2,061			1,705
Benefit plan non-service income	12			15			29			28
Interest and other expense, net	(101		)	(248		)	(181		)	(328		)
Earnings before income taxes	$	936		$	248		$	1,909		$	1,405

Items impacting our segment operating results are discussed in Note 1, Basis of Presentation, Note 2, Divestitures and Acquisitions, Note 4, Property, Plant and Equipment, Note 6, Goodwill and Intangible Assets, Note 8, Restructuring Program, and Note 13, Commitments and Contingencies. Also see Note 9, Debt and Borrowing

Arrangements, and Note 10, Financial Instruments, for more information on our interest and other expense, net for each period.

Net revenues by product category were:



	For the Three Months Ended June 30, 2019
	Latin America		AMEA		Europe		North America		Total
	(in millions)
Biscuits	$	186	$	405	$	767	$	1,451	$	2,809
Chocolate	157		438		1,006		42		1,643
Gum & Candy	209		224		181		233		847
Beverages	108		169		20		—		297
Cheese & Grocery	77		116		273		—		466
Total net revenues	$	737	$	1,352	$	2,247	$	1,726	$	6,062

	For the Three Months Ended June 30, 2018
	Latin America		AMEA		Europe		North America		Total
	(in millions)
Biscuits	$	192	$	387	$	810	$	1,403	$	2,792
Chocolate	161		440		1,003		46		1,650
Gum & Candy	224		236		200		226		886
Beverages	116		173		19		—		308
Cheese & Grocery	81		124		271		—		476
Total net revenues	$	774	$	1,360	$	2,303	$	1,675	$	6,112



	For the Six Months Ended June 30, 2019
	Latin America		AMEA		Europe		North America		Total
	(in millions)
Biscuits	$	356	$	866	$	1,501	$	2,823	$	5,546
Chocolate	387		995		2,366		101		3,849
Gum & Candy	409		449		354		448		1,660
Beverages	231		341		46		—		618
Cheese & Grocery	154		242		531		—		927
Total net revenues	$	1,537	$	2,893	$	4,798	$	3,372	$	12,600

	For the Six Months Ended June 30, 2018
	Latin America		AMEA		Europe		North America		Total
	(in millions)
Biscuits	$	375	$	829	$	1,605	$	2,736	$	5,545
Chocolate	404		1,013		2,426		103		3,946
Gum & Candy	448		471		386		462		1,767
Beverages	277		345		47		—		669
Cheese & Grocery	161		244		545		—		950
Total net revenues	$	1,665	$	2,902	$	5,009	$	3,301	$	12,877

Basis of Presentation (Policies)	6 Months Ended
Basis of Presentation (Policies)	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Our interim condensed consolidated financial statements are unaudited. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted. It is management’s opinion that these financial statements include all normal and recurring adjustments necessary for a fair presentation of our results of operations, financial position and cash flows. Results of operations for any interim period are not necessarily indicative of future or annual results. For a complete set of consolidated financial statements and related notes, refer to our Annual Report on Form 10-K for the year ended December 31, 2018.
Principles of Consolidation	Principles of Consolidation: The condensed consolidated financial statements include Mondelēz International, Inc. as well as our wholly owned and majority owned subsidiaries, except our Venezuelan subsidiaries that were deconsolidated in 2015. All intercompany transactions are eliminated. The noncontrolling interest represents the noncontrolling investors' interests in the results of subsidiaries that we control and consolidate. We account for investments over which we exercise significant influence under the equity method of accounting. Investments over which we do not have significant influence or control are not material and are carried at cost as there is no readily determinable fair value for the equity interests.
Currency Translation and Highly Inflationary Accounting	Currency Translation and Highly Inflationary Accounting: We translate the results of operations of our subsidiaries from multiple currencies using average exchange rates during each period and translate balance sheet accounts using exchange rates at the end of each period. We record currency translation adjustments as a component of equity (except for highly inflationary currencies) and realized exchange gains and losses on transactions in earnings. Highly inflationary accounting is triggered when a country’s three-year cumulative inflation rate exceeds 100%. It requires the remeasurement of financial statements of subsidiaries in the country from the functional currency of the subsidiary to our U.S. dollar reporting currency, with currency remeasurement gains or losses recorded in earnings. As discussed below, beginning on July 1, 2018, we began to apply highly inflationary accounting for our operations in Argentina. Argentina. During the second quarter of 2018, primarily based on published estimates that indicated that Argentina's three-year cumulative inflation rate exceeded 100%, we concluded that Argentina became a highly inflationary economy for accounting purposes. As of July 1, 2018, we began to apply highly inflationary accounting for our Argentinian subsidiaries and changed their functional currency from the Argentinian peso to the U.S. dollar. On July 1, 2018, both monetary and non-monetary assets and liabilities denominated in Argentinian pesos were remeasured into U.S. dollars using the exchange rate as of the balance sheet date, with remeasurement and other transaction gains and losses recorded in net earnings. As of June 30, 2019, our Argentinian operations had $12 million of Argentinian peso denominated net monetary liabilities. Our Argentinian operations contributed $99 million, or 1.6% of consolidated net revenues in the three months and $199 million, or 1.6%, of consolidated net revenues in the six months ended June 30, 2019. We recorded a remeasurement gain of $1 million during the three months ended June 30, 2019 and a remeasurement loss of $1 million during the six months ended June 30, 2019 within selling, general and administrative expenses related to the revaluation of the Argentinian peso denominated net monetary assets. Brexit. In the six months ended June 30, 2019, we generated 8.4% of our consolidated net revenues in the United Kingdom. We continue to monitor the U.K. planned exit from the European Union ("Brexit"), the deadline for which has been extended through October 31, 2019. We continue to take protective measures in response to the potential impacts on our results of operations and financial condition. Following the Brexit vote in June 2016, there was significant volatility in the global stock markets and currency exchange rates. The value of the British pound sterling relative to the U.S. dollar declined significantly and negatively affected our translated results reported in U.S. dollars. If the ultimate terms of the United Kingdom’s separation from the European Union negatively impact the U.K. economy or result in disruptions to sales or our supply chain, the impact to our results of operations and financial condition could be material. We have taken measures to increase our resources in customer service & logistics together with increasing our inventory levels of imported raw materials, packaging and finished goods in the United Kingdom to help us manage through the Brexit transition and the inherent risks. Other Countries. Since we sell our products in over 150 countries and have operations in over 80 countries, we monitor economic and currency-related risks and seek to take protective measures in response to these exposures. Some of the countries in which we do business have recently experienced periods of significant economic uncertainty and exchange rate volatility, including Brazil, China, Mexico, Russia, Ukraine, Turkey, Egypt, Nigeria, South Africa and Pakistan. We continue to monitor operations, currencies and net monetary exposures in these countries. At this time, we do not anticipate that these countries are at risk of becoming highly inflationary countries.
Transfers of Financial Assets	Transfers of Financial Assets: We account for transfers of financial assets, such as uncommitted revolving non-recourse accounts receivable factoring arrangements, when we have surrendered control over the related assets. Determining whether control has transferred requires an evaluation of relevant legal considerations, an assessment of the nature and extent of our continuing involvement with the assets transferred and any other relevant considerations. We use receivable factoring arrangements periodically when circumstances are favorable to manage liquidity. We have non-recourse factoring arrangements in which we sell eligible trade receivables primarily to banks in exchange for cash. We may then continue to collect the receivables sold, acting solely as a collecting agent on behalf of the banks. The outstanding principal amount of receivables under these arrangements amounted to $712 million as of June 30, 2019 and $819 million as of December 31, 2018. The incremental cost of factoring receivables under this arrangement was not material for all periods presented. The proceeds from the sales of receivables are included in cash from operating activities in the condensed consolidated statements of cash flows.
Leases	Leases: We determine whether a contract is or contains a lease at contract inception. On January 1, 2019, we began to record operating leases on our condensed consolidated balance sheet. We elected not to recognize right-of-use ("ROU") assets and lease liabilities for short-term operating leases with terms of 12 months or less. Long-term operating lease ROU assets and long-term operating lease liabilities are presented separately and operating lease liabilities payable in the next twelve months are recorded in other current liabilities. Finance lease ROU assets continue to be presented in property, plant and equipment and the related finance lease liabilities continue to be presented in the current portion of long-term debt and long-term debt. Lease ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets are recognized at commencement date at the value of the lease liability, adjusted for any prepayments, lease incentives received and initial direct costs incurred. Lease liabilities are recognized at commencement date based on the present value of remaining lease payments over the lease term. The non-recurring fair value measurement is classified as Level 3 as no fair value inputs are observable. As the rate implicit in the lease is not readily determinable in most of our leases, we use our country-specific incremental borrowing rate based on the lease term using information available at commencement date in determining the present value of lease payments. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Many of our leases contain non-lease components (e.g. product costs, common-area or other maintenance costs) that relate to the lease components of the agreement. Non-lease components and the lease components to which they relate are accounted for as a single lease component as we have elected to combine lease and non-lease components for all classes of underlying assets. Amortization of ROU lease assets is calculated on a straight-line basis over the lease term with the expense recorded in cost of sales or selling, general and administrative expenses depending on the nature of the leased item. Interest expense is recorded over the lease term and is recorded in interest expense (based on a front-loaded interest expense pattern) for finance leases and is recorded in cost of sales or selling, general and administrative expenses (on a straight-line basis) for operating leases. All operating lease cash payments and interest on finance leases are recorded within cash flows from operating activities and all finance lease principal payments are recorded within cash flows from financing activities in the condensed consolidated statements of cash flows.
New Accounting Pronouncements	New Accounting Pronouncements: In August 2018, the Financial Accounting Standards Board ("FASB") issued an Accounting Standards Update ("ASU") that aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs for internal-use software. This ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. We are currently assessing the impact on our consolidated financial statements. In August 2018, the FASB issued an ASU that modifies the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. The ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The new standard may impact our disclosures and is not expected to have an impact on our consolidated financial statements. In August 2018, the FASB issued an ASU that modifies the disclosure requirements on fair value measurements. The ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted. The new standard may impact our disclosures and is not expected to have an impact on our consolidated financial statements. In February 2018, the FASB issued an ASU that permits entities to elect a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the 2017 enactment of U.S. tax reform legislation. The ASU is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. We did not elect to reclassify these stranded tax effects from U.S. tax reform when we adopted this ASU in the first quarter of 2019. As such, this ASU did not have a material impact on our consolidated financial statements. Our policy is to release stranded tax effects from accumulated other comprehensive income under the portfolio method rather than on an individual item by item basis. In June 2016, the FASB issued an ASU on the measurement of credit losses on financial instruments. This ASU requires entities to measure the impairment of certain financial instruments, including trade receivables, based on expected losses rather than incurred losses. This ASU is effective for fiscal years beginning after December 15, 2019, with early adoption permitted for financial statement periods beginning after December 15, 2018. We are currently assessing the guidance. This ASU is not expected to have a material impact on our consolidated financial statements. In February 2016, the FASB issued an ASU on lease accounting to increase transparency and comparability among organizations by requiring the recognition of ROU assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The ASU revises existing U.S. GAAP and outlines a new model for lessors and lessees to use in accounting for lease contracts. The guidance requires lessees to recognize a ROU asset and a lease liability on the balance sheet for all leases, with the exception of short-term leases. In the statement of earnings, lessees will classify leases as either operating or financing. In July 2018, the FASB issued an ASU that allows for an alternative transition approach, which does not require adjustments to comparative prior-period amounts. The ASU is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. We adopted the new standard on January 1, 2019. We elected to apply the package of practical expedients that allowed us not to reassess the lease classification and initial direct costs for expired or existing leases or whether expired or existing contracts contain leases. We elected not to separate non-lease components from lease components and to account for both as a single lease component by class of the underlying asset. The impact of adopting the standard included the initial recognition as of January 1, 2019, of $710 million of lease related assets and $730 million of lease related liabilities on our condensed consolidated balance sheet. The transition method we elected for adoption requires a cumulative effect adjustment to retained earnings as of January 1, 2019, which was not material.
Reclassifications	Reclassifications: Certain amounts previously reported have been reclassified to conform to current-year presentation.

- Definition

Disclosure of accounting policy for transfers and servicing financial assets, including securitization transactions as well as repurchase and resale agreements. This disclosure may include how the entity (1) determines whether a transaction is accounted for as a sale; (2) accounts for a sale transaction, including the initial and subsequent accounting for any interests that the entity obtains or continues to hold in the transaction, how such interests are valued, and the significant assumptions used in the valuation; (3) accounts for a transaction that does not qualify for sale treatment (that is, a financing); and (4) accounts for its servicing assets and liabilities ("servicing"), including how such servicing is measured initially and subsequently, and the methodology and significant assumptions used to value such servicing.

+ References + Details

Property, Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Schedule of Components of Property, Plant and Equipment

Property, plant and equipment consisted of the following:



	As of June 30, 2019			As of December 31, 2018
	(in millions)
Land and land improvements	$	422		$	424
Buildings and building improvements	3,017			2,984
Machinery and equipment	10,918			10,943
Construction in progress	854			894
	15,211			15,245
Accumulated depreciation	(6,661		)	(6,763		)
Property, plant and equipment, net	$	8,550		$	8,482

Schedule of Restructuring Charges Related to Property, Plant and Equipment

In connection with our restructuring program, we recorded non-cash property, plant and equipment write-downs (including accelerated depreciation and asset impairments) in the condensed consolidated statements of earnings within asset impairment and exit costs and within the segment results as follows (refer to Note 8, Restructuring Program).



	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2019			2018		2019			2018
	(in millions)
Latin America	$	—		$	6	$	1		$	14
AMEA	(3		)	4		(2		)	8
Europe	1			1		2			6
North America	1			2		4			8
Non-cash property, plant and equipment write-downs	$	(1	)	$	13	$	5		$	36



	Latin America		AMEA		Europe		North America ⁽¹⁾		Corporate ⁽²⁾			Total
	(in millions)
For the Three Months Ended June 30, 2019
Restructuring Costs	$	7	$	3	$	11	$	—	$	(1	)	$	20
Implementation Costs	13		6		17		9		23			68
Total	$	20	$	9	$	28	$	9	$	22		$	88
For the Three Months Ended June 30, 2018
Restructuring Costs	$	12	$	17	$	63	$	14	$	6		$	112
Implementation Costs	15		8		13		21		13			70
Total	$	27	$	25	$	76	$	35	$	19		$	182
For the Six Months Ended June 30, 2019
Restructuring Costs	$	7	$	9	$	11	$	6	$	7		$	40
Implementation Costs	28		13		28		13		36			118
Total	$	35	$	22	$	39	$	19	$	43		$	158
For the Six Months Ended June 30, 2018
Restructuring Costs	$	36	$	23	$	70	$	26	$	9		$	164
Implementation Costs	30		20		29		38		15			132
Total	$	66	$	43	$	99	$	64	$	24		$	296
Total Project ⁽³⁾
Restructuring Costs	$	500	$	526	$	982	$	459	$	123		$	2,590
Implementation Costs	247		181		373		345		314			1,460
Total	$	747	$	707	$	1,355	$	804	$	437		$	4,050


(1)	During 2019 and 2018, our North America region implementation costs included incremental costs that we incurred related to renegotiating collective bargaining agreements that expired in February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.


(2)	The Corporate column includes minor adjustments for pension settlement losses and rounding.

(3)

Includes all charges recorded since program inception on May 6, 2014 through June 30, 2019.

Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of Components of Lease Costs and Supplemental Cash Flow Information

The components of lease costs were as follows:



	For the Three Months Ended June 30, 2019			For the Six Months Ended June 30, 2019
	(in millions)
Operating lease cost	$	56		$	115

Finance lease cost:
Amortization of right-of-use assets	6			10
Interest on lease liabilities	—			1

Short-term lease cost	11			20
Variable lease cost	105			205

Sublease income	(1		)	(2		)

Total lease cost	$	177		$	349

Supplemental cash flow information related to leases was as follows:



	For the Six Months Ended June 30, 2019
	(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(135	)
Operating cash flows from finance leases	(1		)
Financing cash flows from finance leases	(9		)

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	78
Finance leases	17

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:



	As of June 30, 2019
	(in millions)
Operating Leases:
Operating lease right-of-use assets, net of amortization	$	637

Other current liabilities	$	197
Operating lease liabilities	447
Total operating lease liabilities	$	644

Finance Leases:
Finance leases, net of amortization (within property, plant & equipment)	$	58

Other current liabilities	$	21
Other long-term liabilities	40
Total finance lease liabilities	$	61

Weighted Average Remaining Lease Term
Operating leases	5.0 years
Finance leases	3.1 years

Weighted Average Discount Rate
Operating leases	3.5%
Finance leases	4.8%

Schedule of Future Lease Payments Under Non-cancelable Operating Leases



	As of June 30, 2019						As of December 31, 2018
	ASC 842						ASC 840
	Operating Leases			Finance Leases			Operating Leases
	(in millions)
Year Ending December 31:
2019 (excluding the six months ended June 30, 2019)	$	113		$	13
2019							$	208
2020	193			23			165
2021	137			18			114
2022	96			7			79
2023	63			2			57
Thereafter	120			1			157
Total future undiscounted lease payments	$	722		$	64		$	780
Less imputed interest	(78		)	(3		)
Total reported lease liability	$	644		$	61

Schedule of Future Lease Payments Under Non-cancelable Finance Leases



	As of June 30, 2019						As of December 31, 2018
	ASC 842						ASC 840
	Operating Leases			Finance Leases			Operating Leases
	(in millions)
Year Ending December 31:
2019 (excluding the six months ended June 30, 2019)	$	113		$	13
2019							$	208
2020	193			23			165
2021	137			18			114
2022	96			7			79
2023	63			2			57
Thereafter	120			1			157
Total future undiscounted lease payments	$	722		$	64		$	780
Less imputed interest	(78		)	(3		)
Total reported lease liability	$	644		$	61

Restructuring Program (Tables)

6 Months Ended

Jun. 30, 2019

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Program Liability

The Simplify to Grow Program liability activity for the six months ended June 30, 2019 was:



	Severance and related costs			Asset Write-downs			Total
	(in millions)
Liability balance, January 1, 2019	$	373		$	—		$	373
Charges ⁽¹⁾	35			5			40
Cash spent	(89		)	—			(89		)
Non-cash settlements/adjustments ⁽²⁾	(30		)	(5		)	(35		)
Currency	(1		)	—			(1		)
Liability balance, June 30, 2019	$	288		$	—		$	288


(1)	Includes settlement losses of $5 million recorded within benefit plan non-service income on our condensed consolidated statements of earnings.


(2)	We adopted the new ASU on lease accounting as of January 1, 2019. The ASU requires recording onerous lease liabilities netted with right of use assets. Therefore, during the first quarter of 2019, we reclassified onerous lease liabilities that totaled $23 million as of March 31, 2019, from accrued liabilities and other accrued liabilities to operating lease right of use assets.

Schedule of Restructuring and Implementation Costs by Segment



	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2019			2018		2019			2018
	(in millions)
Latin America	$	—		$	6	$	1		$	14
AMEA	(3		)	4		(2		)	8
Europe	1			1		2			6
North America	1			2		4			8
Non-cash property, plant and equipment write-downs	$	(1	)	$	13	$	5		$	36



	Latin America		AMEA		Europe		North America ⁽¹⁾		Corporate ⁽²⁾			Total
	(in millions)
For the Three Months Ended June 30, 2019
Restructuring Costs	$	7	$	3	$	11	$	—	$	(1	)	$	20
Implementation Costs	13		6		17		9		23			68
Total	$	20	$	9	$	28	$	9	$	22		$	88
For the Three Months Ended June 30, 2018
Restructuring Costs	$	12	$	17	$	63	$	14	$	6		$	112
Implementation Costs	15		8		13		21		13			70
Total	$	27	$	25	$	76	$	35	$	19		$	182
For the Six Months Ended June 30, 2019
Restructuring Costs	$	7	$	9	$	11	$	6	$	7		$	40
Implementation Costs	28		13		28		13		36			118
Total	$	35	$	22	$	39	$	19	$	43		$	158
For the Six Months Ended June 30, 2018
Restructuring Costs	$	36	$	23	$	70	$	26	$	9		$	164
Implementation Costs	30		20		29		38		15			132
Total	$	66	$	43	$	99	$	64	$	24		$	296
Total Project ⁽³⁾
Restructuring Costs	$	500	$	526	$	982	$	459	$	123		$	2,590
Implementation Costs	247		181		373		345		314			1,460
Total	$	747	$	707	$	1,355	$	804	$	437		$	4,050


(1)	During 2019 and 2018, our North America region implementation costs included incremental costs that we incurred related to renegotiating collective bargaining agreements that expired in February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.


(2)	The Corporate column includes minor adjustments for pension settlement losses and rounding.

(3)

Includes all charges recorded since program inception on May 6, 2014 through June 30, 2019.

Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2019

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Schedule of Pre-tax Effects of Derivative Instruments

Pre-tax gains/(losses) recorded in net earnings for economic hedges were:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,						Location of Gain/(Loss) Recognized in Earnings
	2019			2018			2019			2018			Location of Gain/(Loss) Recognized in Earnings
	(in millions)
Currency exchange contracts:
Intercompany loans and forecasted interest payments	$	(50	)	$	7		$	11		$	14		Interest and other expense, net
Forecasted transactions	(25		)	72			(20		)	65			Cost of sales
Forecasted transactions	(1		)	—			(1		)	(5		)	Interest and other expense, net
Forecasted transactions	(5		)	(1		)	(5		)	(4		)	Selling, general and administrative expenses
Commodity contracts	52			(48		)	66			101			Cost of sales
Total	$	(29	)	$	30		$	51		$	171

Cash flow hedges

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Schedule of Cash Flow Hedges Effect on Accumulated Other Comprehensive Earnings/(Losses), Net of Taxes

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



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Accumulated (loss)/gain at beginning of period	$	(236	)	$	(159	)	$	(167	)	$	(113	)
Transfer of realized losses/(gains) in fair value to earnings	12			5			12			(9		)
Unrealized (loss)/gain in fair value	(74		)	21			(143		)	(11		)
Accumulated (loss)/gain at end of period	$	(298	)	$	(133	)	$	(298	)	$	(133	)

Schedule of Pre-tax Effects of Derivative Instruments

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



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Interest rate contracts	$	(12	)	$	(5	)	$	(12	)	$	9

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



	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2019			2018		2019			2018
	(in millions)
Currency exchange contracts – forecasted transactions	$	3		$	—	$	3		$	—
Interest rate contracts	(77		)	21		(146		)	(11		)
Total	$	(74	)	$	21	$	(143	)	$	(11	)

Net investment hedge debt

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Schedule of Hedges of Net Investments in International Operations



	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2019			2018		2019			2018
	(in millions)
Euro notes	$	(36	)	$	151	$	22		$	76
British pound sterling notes	7			21		1			8
Swiss franc notes	(21		)	42		(8		)	16
Canadian notes	(7		)	6		(14		)	4

Derivative

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Schedule of Fair Value of Derivatives Instruments

Derivative instruments were recorded at fair value in the condensed consolidated balance sheets as follows:



	As of June 30, 2019				As of December 31, 2018
	Asset Derivatives		Liability Derivatives		Asset Derivatives		Liability Derivatives
	(in millions)
Derivatives designated as accounting hedges:
Interest rate contracts	$	16	$	453	$	17	$	355
Net investment hedge derivative contracts ⁽¹⁾	434		10		337		28
	$	450	$	463	$	354	$	383
Derivatives not designated as accounting hedges:
Currency exchange contracts	$	40	$	54	$	72	$	37
Commodity contracts	223		170		191		210
	$	263	$	224	$	263	$	247
Total fair value	$	713	$	687	$	617	$	630

(1)

Schedule of Derivative Instruments Fair Value and Measurement Inputs

The fair values (asset/(liability)) of our derivative instruments were determined using:



	As of June 30, 2019
	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)
Currency exchange contracts	$	(14	)	$	—	$	(14	)	$	—
Commodity contracts	53			37		16			—
Interest rate contracts	(437		)	—		(437		)	—
Net investment hedge contracts	424			—		424			—
Total derivatives	$	26		$	37	$	(11	)	$	—



	As of December 31, 2018
	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)
Currency exchange contracts	$	35		$	—		$	35		$	—
Commodity contracts	(19		)	(1		)	(18		)	—
Interest rate contracts	(338		)	—			(338		)	—
Net investment hedge contracts	309			—			309			—
Total derivatives	$	(13	)	$	(1	)	$	(12	)	$	—

Schedule of Notional Values of Derivative Instruments

The notional values of our hedging instruments were:



	Notional Amount
	As of June 30, 2019		As of December 31, 2018
	(in millions)
Currency exchange contracts:
Intercompany loans and forecasted interest payments	$	3,707	$	3,239
Forecasted transactions	2,732		2,396
Commodity contracts	587		393
Interest rate contracts	7,661		8,679
Net investment hedges:
Net investment hedge derivative contracts	6,931		6,678
Non-U.S. dollar debt designated as net investment hedges
Euro notes	3,485		3,514
British pound sterling notes	334		336
Swiss franc notes	1,434		1,424
Canadian dollar notes	458		440

Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2019

Pension Plans

Defined Benefit Plan Disclosure [Line Items]

Schedule of Components of Net Costs

Net periodic pension cost consisted of the following:



	U.S. Plans						Non-U.S. Plans
	For the Three Months Ended June 30,						For the Three Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Service cost	$	9		$	10		$	30		$	37
Interest cost	15			15			51			50
Expected return on plan assets	(22		)	(22		)	(101		)	(114		)
Amortization:
Net loss from experience differences	5			9			37			42
Prior service cost/(benefit)	1			—			(1		)	(1		)
Settlement losses and other expenses ⁽¹⁾	4			8			3			—
Net periodic pension cost	$	12		$	20		$	19		$	14

	U.S. Plans						Non-U.S. Plans
	For the Six Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Service cost	$	18		$	22		$	61		$	75
Interest cost	31			30			102			102
Expected return on plan assets	(44		)	(44		)	(204		)	(231		)
Amortization:
Net loss from experience differences	10			20			75			84
Prior service cost/(credit)	1			1			(3		)	(1		)
Settlement losses and other expenses ⁽¹⁾	8			15			3			—
Net periodic pension cost	$	24		$	44		$	34		$	29


(1)	In connection with our Simplify to Grow Program, settlement losses and other expenses were $5 million for the three and six months ended June 30, 2019 and $3 million for the three and six months ended June 30, 2018. These losses were recorded within benefit plan non-service income on our condensed consolidated statements of earnings.

Postretirement Benefit Plans

Defined Benefit Plan Disclosure [Line Items]

Schedule of Components of Net Costs

Net periodic postretirement health care benefit consisted of the following:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Service cost	$	2		$	1		$	3		$	3
Interest cost	3			3			7			7
Amortization:
Net loss from experience differences	1			3			3			7
Prior service credit	(9		)	(9		)	(19		)	(19		)
Net periodic postretirement health care benefit	$	(3	)	$	(2	)	$	(6	)	$	(2	)

Postemployment Benefit Plans

Defined Benefit Plan Disclosure [Line Items]

Schedule of Components of Net Costs

Net periodic postemployment cost consisted of the following:



	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2019		2018		2019			2018
	(in millions)
Service cost	$	2	$	1	$	3		$	3
Interest cost	1		1		2			2
Amortization of net gains	—		—		(1		)	(1		)
Net periodic postemployment cost	$	3	$	2	$	4		$	4

Stock Plans (Tables)

6 Months Ended

Jun. 30, 2019

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Stock Options Activity

Stock option activity is reflected below:



	Shares Subject to Option		Weighted- Average Exercise or Grant Price Per Share	Average Remaining Contractual Term	Aggregate Intrinsic Value
Balance at January 1, 2019	43,818,830		$32.36	5 years	$	371	million
Annual grant to eligible employees	4,793,570		47.72
Additional options issued	60,030		51.25
Total options granted	4,853,600		47.76
Options exercised ⁽¹⁾	(10,842,077	)	27.03		$	235	million
Options canceled	(697,437	)	40.51
Balance at June 30, 2019	37,132,916		35.78	6 years	$	673	million

(1)

Cash received from options exercised was $118 million in the three months and $293 million in the six months ended June 30, 2019. The actual tax benefit realized and recorded in the provision for income taxes for the tax deductions from the option exercises totaled $13 million in the three months and $29 million in the six months ended June 30, 2019.

Performance Share Units and Other Stock-Based Awards

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Performance Share Units and Stock-Based Awards Activity

Our performance share unit, deferred stock unit and historically granted restricted stock activity is reflected below:



	Number of Shares		Grant Date	Weighted-Average Fair Value Per Share ⁽³⁾	Weighted-Average Aggregate Fair Value ⁽³⁾
Balance at January 1, 2019	6,559,010			$42.19
Annual grant to eligible employees:			Feb 22, 2019
Performance share units	891,210			57.91
Deferred stock units	666,880			47.72
Additional shares granted ⁽¹⁾	115,353		Various	55.04
Total shares granted	1,673,443			53.65	$	90	million
Vested ⁽²⁾	(1,614,690	)		36.61	$	59	million
Forfeited ⁽²⁾	(356,333	)		44.36
Balance at June 30, 2019	6,261,430			46.56


(1)	Includes performance share units and deferred stock units.


(2)	Includes performance share units, deferred stock units and historically granted restricted stock. The actual tax benefit/(expense) realized and recorded in the provision for income taxes for the tax deductions from the shares vested totaled less than $1 million in the three months and $2 million in the six months ended June 30, 2019.

(3)

Reclassifications from Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

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



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Currency Translation Adjustments:
Balance at beginning of period	$	(8,412	)	$	(7,545	)	$	(8,603	)	$	(7,740	)
Currency translation adjustments	(32		)	(720		)	136			(557		)
Tax (expense)/benefit	(1		)	(156		)	21			(109		)
Other comprehensive earnings/(losses)	(33		)	(876		)	157			(666		)
Less: (earnings)/loss attributable to noncontrolling interests	(2		)	12			(1		)	(3		)
Balance at end of period	(8,447		)	(8,409		)	(8,447		)	(8,409		)
Pension and Other Benefit Plans:
Balance at beginning of period	$	(1,850	)	$	(2,150	)	$	(1,860	)	$	(2,144	)
Net actuarial gain/(loss) arising during period	1			38			(23		)	45
Tax (expense)/benefit on net actuarial gain/(loss)	1			(9		)	7			(9		)
Losses/(gains) reclassified into net earnings:
Amortization of experience losses and prior service costs ⁽¹⁾	34			44			66			91
Settlement losses and other expenses ⁽¹⁾	24			8			28			15
Tax expense/(benefit) on reclassifications ⁽²⁾	(11		)	(12		)	(18		)	(25		)
Currency impact	5			100			4			46
Other comprehensive earnings/(losses)	54			169			64			163
Balance at end of period	(1,796		)	(1,981		)	(1,796		)	(1,981		)
Derivative Cash Flow Hedges:
Balance at beginning of period	$	(236	)	$	(159	)	$	(167	)	$	(113	)
Net derivative gains/(losses)	(86		)	17			(163		)	(12		)
Tax (expense)/benefit on net derivative gain/(loss)	11			(4		)	19			(4		)
Losses/(gains) reclassified into net earnings:
Interest rate contracts ⁽³⁾	12			7			12			(11		)
Tax expense/(benefit) on reclassifications⁽²⁾	—			(2		)	—			2
Currency impact	1			8			1			5
Other comprehensive earnings/(losses)	(62		)	26			(131		)	(20		)
Balance at end of period	(298		)	(133		)	(298		)	(133		)
Accumulated other comprehensive income attributable to Mondelēz International:
Balance at beginning of period	$	(10,498	)	$	(9,854	)	$	(10,630	)	$	(9,997	)
Total other comprehensive earnings/(losses)	(41		)	(681		)	90			(523		)
Less: (earnings)/loss attributable to noncontrolling interests	(2		)	12			(1		)	(3		)
Other comprehensive earnings/(losses) attributable to Mondelēz International	(43		)	(669		)	89			(526		)
Balance at end of period	$	(10,541	)	$	(10,523	)	$	(10,541	)	$	(10,523	)


(1)	These reclassified losses are included in the components of net periodic benefit costs disclosed in Note 11, Benefit Plans, and net loss on equity method investment transactions.


(2)	Taxes reclassified to earnings are recorded within the provision for income taxes.

(3)

These reclassified gains or losses are recorded within interest and other expense, net and net loss on equity method investment transactions.

Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Net Revenues and Earnings

Our segment net revenues and earnings were:



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2019			2018			2019			2018
	(in millions)
Net revenues:
Latin America	$	737		$	774		$	1,537		$	1,665
AMEA	1,352			1,360			2,893			2,902
Europe	2,247			2,303			4,798			5,009
North America	1,726			1,675			3,372			3,301
Net revenues	$	6,062		$	6,112		$	12,600		$	12,877
Earnings before income taxes:
Operating income:
Latin America	$	68		$	92		$	166		$	218
AMEA	191			177			447			405
Europe	408			367			908			864
North America	407			(95		)	726			180
Unrealized gains on hedging activities (mark-to-market impacts)	33			88			49			294
General corporate expenses	(79		)	(91		)	(188		)	(155		)
Amortization of intangibles	(43		)	(44		)	(87		)	(88		)
Net gain on divestitures	41			—			41			—
Acquisition-related costs	(1		)	(13		)	(1		)	(13		)
Operating income	1,025			481			2,061			1,705
Benefit plan non-service income	12			15			29			28
Interest and other expense, net	(101		)	(248		)	(181		)	(328		)
Earnings before income taxes	$	936		$	248		$	1,909		$	1,405

Schedule of Net Revenues by Product Category

Net revenues by product category were:



	For the Three Months Ended June 30, 2019
	Latin America		AMEA		Europe		North America		Total
	(in millions)
Biscuits	$	186	$	405	$	767	$	1,451	$	2,809
Chocolate	157		438		1,006		42		1,643
Gum & Candy	209		224		181		233		847
Beverages	108		169		20		—		297
Cheese & Grocery	77		116		273		—		466
Total net revenues	$	737	$	1,352	$	2,247	$	1,726	$	6,062

	For the Three Months Ended June 30, 2018
	Latin America		AMEA		Europe		North America		Total
	(in millions)
Biscuits	$	192	$	387	$	810	$	1,403	$	2,792
Chocolate	161		440		1,003		46		1,650
Gum & Candy	224		236		200		226		886
Beverages	116		173		19		—		308
Cheese & Grocery	81		124		271		—		476
Total net revenues	$	774	$	1,360	$	2,303	$	1,675	$	6,112



	For the Six Months Ended June 30, 2019
	Latin America		AMEA		Europe		North America		Total
	(in millions)
Biscuits	$	356	$	866	$	1,501	$	2,823	$	5,546
Chocolate	387		995		2,366		101		3,849
Gum & Candy	409		449		354		448		1,660
Beverages	231		341		46		—		618
Cheese & Grocery	154		242		531		—		927
Total net revenues	$	1,537	$	2,893	$	4,798	$	3,372	$	12,600

	For the Six Months Ended June 30, 2018
	Latin America		AMEA		Europe		North America		Total
	(in millions)
Biscuits	$	375	$	829	$	1,605	$	2,736	$	5,545
Chocolate	404		1,013		2,426		103		3,946
Gum & Candy	448		471		386		462		1,767
Beverages	277		345		47		—		669
Cheese & Grocery	161		244		545		—		950
Total net revenues	$	1,665	$	2,902	$	5,009	$	3,301	$	12,877

Basis of Presentation (Details) $ in Millions	3 Months Ended		6 Months Ended
Basis of Presentation (Details) $ in Millions	Jun. 30, 2019 USD ($) country	Jun. 30, 2018 USD ($)	Jun. 30, 2019 USD ($) country	Jun. 30, 2018 USD ($)	Jan. 01, 2019 USD ($)	Dec. 31, 2018 USD ($)
Summary of Significant Accounting Policies [Line Items]
Net revenues	$ 6,062	$ 6,112	$ 12,600	$ 12,877
Number of countries in which products are sold (more than) \| country	150		150
Number of countries in which entity operates (more than) \| country	80		80
Outstanding principal amount of receivables sold under factoring arrangement	$ 712		$ 712			$ 819
ASU 2016-02
Summary of Significant Accounting Policies [Line Items]
Lease related assets					$ 710
Lease related liabilities					$ 730
Argentina
Summary of Significant Accounting Policies [Line Items]
Net monetary liabilities position	12		12
Net revenues	$ 99		$ 199
Percentage of consolidated net revenues	1.60%		1.60%
Argentina \| Selling, general and administrative expenses
Summary of Significant Accounting Policies [Line Items]
Remeasurement gain (loss) due to inflationary accounting	$ 1		$ (1)
U.K. \| Geographic Concentration Risk \| Net Revenues
Summary of Significant Accounting Policies [Line Items]
Concentration risk percentage			8.40%

Divestitures and Acquisitions (Details) - USD ($) $ in Millions			3 Months Ended		5 Months Ended	6 Months Ended
	May 28, 2019	Jun. 07, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 07, 2019	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Business Acquisition [Line Items]
Divestiture transaction costs			$ (41)	$ 0		$ (41)	$ 0
Payment to acquire business, net of cash received						0	$ 528
Goodwill			20,701			20,701		$ 20,725
AMEA
Business Acquisition [Line Items]
Goodwill			3,169			3,169		3,210
North America
Business Acquisition [Line Items]
Goodwill			9,200			9,200		$ 9,173
North America \| Tate’s Bake Shop
Business Acquisition [Line Items]
Payment to acquire business, net of cash received		$ 527
Definite-lived intangibles assets acquired			45			45
Indefinite-lived intangibles assets acquired			205			205
Goodwill			297			297
Property, plant, and equipment acquired			16			16
Inventory acquired			5			5
Accounts receivable acquired			9			9
Current liabilities assumed			7			7
Deferred tax liabilities assumed			43			43
Incremental revenues from acquisition					$ 35
Incremental operating income from acquisition					$ 4
Cheese Business \| Disposal Group, Disposed of by Sale, Not Discontinued Operations \| AMEA
Business Acquisition [Line Items]
Proceeds from divestiture of businesses	$ 158
Current assets divested	19
Non-current assets divested	96
Divestiture transaction costs	2
Gain on divestiture, net of transaction costs	$ 41
Divestiture-related costs			$ 11			$ 10

Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 722	$ 726
Finished product	2,129	1,987
Inventories, gross	2,851	2,713
Inventory reserves	(120)	(121)
Inventories, net	$ 2,731	$ 2,592

Property, Plant and Equipment (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 15,211	$ 15,245
Accumulated depreciation	(6,661)	(6,763)
Property, plant and equipment, net	8,550	8,482
Land and land improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	422	424
Buildings and building improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,017	2,984
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	10,918	10,943
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 854	$ 894

Leases - Operating Lease Costs (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Leases [Abstract]
Operating lease cost	$ 56	$ 115
Amortization of right-of-use assets	6	10
Interest on lease liabilities	0	1
Short-term lease cost	11	20
Variable lease cost	105	205
Sublease income	(1)	(2)
Total lease cost	$ 177	$ 349

Leases - Supplemental Cash Flow Information (Details) $ in Millions	6 Months Ended
	Jun. 30, 2019 USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ (135)
Operating cash flows from finance leases	(1)
Financing cash flows from finance leases	(9)
Operating leases	78
Finance leases	$ 17

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Leases [Abstract]
Total operating lease liabilities	$ 637	$ 0
Other current liabilities	197
Operating lease liabilities	447	$ 0
Total operating lease liabilities	644
Finance leases, net of amortization (within property, plant & equipment)	58
Other current liabilities	21
Other long-term liabilities	40
Total finance lease liabilities	$ 61
Operating leases, weighted average remaining lease term	5 years
Finance leases, weighted average remaining lease term	3 years 1 month 6 days
Operating leases, weighted average discount rate	3.50%
Finance leases, weighted average discount rate	4.80%

Leases - Future Lease Payments Under Non-cancelable Leases (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
ASC 842 Operating Leases
2019 (excluding the six months ended June 30, 2019)	$ 113
2020	193
2021	137
2022	96
2023	63
Thereafter	120
Total future undiscounted lease payments	722
Less imputed interest	(78)
Total operating lease liabilities	644
ASC 842 Finance Leases
2019 (excluding the six months ended June 30, 2019)	13
2020	23
2021	18
2022	7
2023	2
Thereafter	1
Total future undiscounted lease payments	64
Less imputed interest	(3)
Total finance lease liabilities	$ 61
ASC 840 Operating Leases
2019		$ 208
2020		165
2021		114
2022		79
2023		57
Thereafter		157
Total future undiscounted lease payments		$ 780

Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Non-amortizable intangible assets	$ 17,229	$ 17,201
Amortizable intangible assets	2,331	2,328
Total intangible assets, gross	19,560	19,529
Accumulated amortization	(1,617)	(1,527)
Intangible assets, net	$ 17,943	$ 18,002

Goodwill and Intangible Assets - Additional Information (Details) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2019 USD ($) brand	Sep. 30, 2018 USD ($) brand	Jun. 30, 2018 USD ($)	Jun. 30, 2019 USD ($) brand	Jun. 30, 2018 USD ($)
Goodwill and Intangible Assets Disclosure [Line Items]
Amortization expense for intangible assets	$ 43		$ 44	$ 87	$ 88
Estimated amortization expense in year 1	170			170
Estimated amortization expense in year 2	170			170
Estimated amortization expense in year 3	85			85
Estimated amortization expense in year 4	85			85
Estimated amortization expense in year 5	$ 85			$ 85
Trademarks
Goodwill and Intangible Assets Disclosure [Line Items]
Asset impairments		$ 68
Number of impaired trademarks \| brand	5	5		5
Number of trademarks with fair value in excess of book value, 10% or less \| brand	7			7
Book value of trademarks with fair value in excess of book value, 10% or less	$ 536			$ 536
Europe \| Trademarks \| Gum, Chocolate, Biscuits and Candy
Goodwill and Intangible Assets Disclosure [Line Items]
Asset impairments		$ 45
North America \| Trademarks \| Gum, Chocolate, Biscuits and Candy
Goodwill and Intangible Assets Disclosure [Line Items]
Asset impairments		14
AMEA \| Trademarks \| Gum, Chocolate, Biscuits and Candy
Goodwill and Intangible Assets Disclosure [Line Items]
Asset impairments		$ 9

Goodwill and Intangible Assets - Changes in Goodwill and Intangible Assets (Details) $ in Millions	6 Months Ended
	Jun. 30, 2019 USD ($)
Goodwill
Balance at January 1, 2019	$ 20,725
Currency	20
Divestitures	(43)
Acquisition	(1)
Balance at June 30, 2019	20,701
Intangible Assets, at cost
Balance at January 1, 2019	19,529
Currency	31
Divestitures	0
Acquisition	0
Balance at June 30, 2018	$ 19,560

Equity Method Investments - Additional Information (Details) $ in Millions	3 Months Ended					6 Months Ended		12 Months Ended
	Jun. 30, 2019 USD ($) director	Mar. 31, 2019 USD ($)	Jun. 30, 2018 USD ($)	Mar. 31, 2018 USD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2019 USD ($) director	Jun. 30, 2018 USD ($)	Dec. 31, 2018 USD ($)	Jul. 09, 2018	Mar. 31, 2016 USD ($)	Mar. 07, 2016	Jul. 02, 2015
Schedule of Equity Method Investments [Line Items]
Equity method investments	$ 7,095					$ 7,095		$ 7,123
Equity method investment net earnings	113		$ 87			226	$ 319
Net gain (loss) equity method investment transaction	$ (25)		0			$ (2)	0
JDE
Schedule of Equity Method Investments [Line Items]
Equity method investment, voting interest percentage	26.50%					26.50%
Equity method investment, ownership percentage	26.40%					26.40%					26.50%	43.50%
Equity method investment, profit and dividend sharing interest percentage	26.20%					26.20%
Cash dividends received from equity method investments		$ 73		$ 73
JDE \| Equity Earnings
Schedule of Equity Method Investments [Line Items]
Equity method investment net earnings	$ 53		42			$ 103	88
Keurig
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage											24.20%
Fair value of ownership of equity method investment										$ 2,000
Net gain (loss) equity method investment transaction	$ (29)				$ 43
Keurig \| Keurig with Dr Pepper Snapple Group, Inc.
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage									24.20%
Net gain (loss) equity method investment transaction								778
Deferred tax expense related to gain on equity method investment transaction								192
After-tax gain on equity method investment transaction								$ 586
Number of director positions \| director	2					2
KDP
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	13.60%	13.60%				13.60%		13.80%
Cash dividends received from equity method investments	$ 28		2			$ 57	5
Fair value of ownership of equity method investment	5,500					5,500
Pre-tax gain related to the impact of a KDP acquisition that decreased the Company's ownership interest		$ 23
KDP \| Equity Earnings
Schedule of Equity Method Investments [Line Items]
Equity method investment net earnings	$ 35		16			$ 72	170
KDP \| Shareholder Loan Interest
Schedule of Equity Method Investments [Line Items]
Equity method investment net earnings			$ 6				$ 12

Equity Method Investments - Impact of Change in Accounting Principle on Consolidated Financial Statements (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statements of Earnings
Provision for income taxes	$ (216)	$ (15)	$ (405)	$ (352)
Equity method investment net earnings	113	87	226	319
Net earnings	808	320	1,728	1,372
Net earnings attributable to Mondelēz International	$ 807	$ 318	$ 1,721	$ 1,364
Earnings per share attributable to Mondelēz International:
Basic EPS (in dollars per share)	$ 0.56	$ 0.22	$ 1.19	$ 0.92
Diluted EPS (in dollars per share)	$ 0.55	$ 0.21	$ 1.18	$ 0.91
Statements of Other Comprehensive Earnings
Currency translation adjustment	$ (33)	$ (876)	$ 157	$ (666)
Total other comprehensive earnings/(losses)	(41)	(681)	90	(523)
Comprehensive earnings/(losses) attributable to Mondelēz International	$ 764	(351)	$ 1,810	838
Change in Accounting Method Accounted of Earnings in Equity Method Investments [Member] \| As Reported
Statements of Earnings
Provision for income taxes		(14)		(321)
Equity method investment net earnings		91		185
Net earnings		325		1,269
Net earnings attributable to Mondelēz International		$ 323		$ 1,261
Earnings per share attributable to Mondelēz International:
Basic EPS (in dollars per share)		$ 0.22		$ 0.85
Diluted EPS (in dollars per share)		$ 0.22		$ 0.84
Statements of Other Comprehensive Earnings
Currency translation adjustment		$ (874)		$ (667)
Total other comprehensive earnings/(losses)		(680)		(525)
Comprehensive earnings/(losses) attributable to Mondelēz International		$ (345)		$ 733

Restructuring Program - Additional Information (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

59 Months Ended

62 Months Ended

Sep. 06, 2018

Aug. 31, 2016

May 06, 2014

Jun. 30, 2019

Jun. 30, 2018

Jun. 30, 2019

Jun. 30, 2018

Mar. 31, 2019

Jun. 30, 2019

Dec. 31, 2018

2014-2018 Restructuring Program

Restructuring Cost and Reserve [Line Items]

Approved restructuring program cost

$ 5,700

$ 3,500

Reallocation of previously approved capital expenditures to be spent on restructuring program cash costs

600

2014-2018 Restructuring Program | Maximum

Restructuring Cost and Reserve [Line Items]

Approved capital expenditures

1,600

$ 2,200

2014-2018 Restructuring Program | Restructuring Program Charges

Restructuring Cost and Reserve [Line Items]

Approved restructuring program cost

4,100

2014-2018 Restructuring Program | Cash Costs

Restructuring Cost and Reserve [Line Items]

Approved restructuring program cost

3,100

2014-2018 Restructuring Program | Non-cash Costs

Restructuring Cost and Reserve [Line Items]

Approved restructuring program cost

$ 1,000

Simplify to Grow Program

Restructuring Cost and Reserve [Line Items]

Approved restructuring program cost

$ 7,700

Restructuring and implementation charges

$ 88

$ 182

$ 158

$ 296

$ 4,100

$ 4,050

^[1]

Restructuring charges

112

^[2]

164

2,590

^[1]

Cash spent in restructuring

Non-cash asset write-downs

^[3]

Restructuring reserve

288

$ 373

Implementation costs

118

132

1,460

^[1]

Simplify to Grow Program | Maximum

Restructuring Cost and Reserve [Line Items]

Approved capital expenditures

2,300

Increase in approved restructuring program costs

1,300

Increase in approved capital expenditures

700

Simplify to Grow Program | Other current liabilities

Restructuring Cost and Reserve [Line Items]

Restructuring reserve

248

Simplify to Grow Program | Other liabilities

Restructuring Cost and Reserve [Line Items]

Restructuring reserve

Simplify to Grow Program | Restructuring Program Charges

Restructuring Cost and Reserve [Line Items]

Approved restructuring program cost

5,400

Simplify to Grow Program | Cash Costs

Restructuring Cost and Reserve [Line Items]

Approved restructuring program cost

4,100

Simplify to Grow Program | Non-cash Costs

Restructuring Cost and Reserve [Line Items]

Approved restructuring program cost

$ 1,300

Simplify to Grow Program | Severance and Related Costs

Restructuring Cost and Reserve [Line Items]

Restructuring charges

^[2]

Cash spent in restructuring

$ 82

$ 161

Non-cash asset write-downs

^[4]

Restructuring reserve

$ 288

$ 373

[1]	Includes all charges recorded since program inception on May 6, 2014 through June 30, 2019.
[2]	Includes settlement losses of $5 million recorded within benefit plan non-service income on our condensed consolidated statements of earnings
[3]	We adopted the new ASU on lease accounting as of January 1, 2019. The ASU requires recording onerous lease liabilities netted with right of use assets. Therefore, during the first quarter of 2019, we reclassified onerous lease liabilities that totaled $23 million as of March 31, 2019, from accrued liabilities and other accrued liabilities to operating lease right of use assets.
[4]	During 2019 and 2018, our North America region implementation costs included incremental costs that we incurred related to renegotiating collective bargaining agreements that expired in February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.

Restructuring Program - Restructuring Liability Activity (Details) - Simplify to Grow Program - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

62 Months Ended

Jun. 30, 2019

Mar. 31, 2019

Jun. 30, 2018

Jun. 30, 2019

Jun. 30, 2018

Jun. 30, 2019

Restructuring Reserve [Roll Forward]

Liability balance, January 1, 2019

$ 373

Charges (1)

$ 20

$ 112

^[1]

$ 164

$ 2,590

^[2]

Cash spent

(89)

Non-cash settlements/adjustments

(6)

(14)

(35)

^[3]

(39)

Currency

(1)

Liability balance, June 30, 2019

288

Pension Plans

Restructuring Reserve [Roll Forward]

Settlement losses and other expenses within benefit plan non-service income

ASU 2016-02

Restructuring Reserve [Roll Forward]

Non-cash settlements/adjustments

^[4]

Severance and related costs

Restructuring Reserve [Roll Forward]

Liability balance, January 1, 2019

373

Charges (1)

^[1]

Cash spent

(36)

$ (82)

(89)

$ (161)

Non-cash settlements/adjustments

^[4]

(30)

Currency

(1)

Liability balance, June 30, 2019

288

Asset Write-downs

Restructuring Reserve [Roll Forward]

Liability balance, January 1, 2019

$ 0

Charges (1)

^[1]

Cash spent

Non-cash settlements/adjustments

^[4]

(5)

Currency

Liability balance, June 30, 2019

$ 0

[1]	Includes settlement losses of $5 million recorded within benefit plan non-service income on our condensed consolidated statements of earnings
[2]	Includes all charges recorded since program inception on May 6, 2014 through June 30, 2019.
[3]	We adopted the new ASU on lease accounting as of January 1, 2019. The ASU requires recording onerous lease liabilities netted with right of use assets. Therefore, during the first quarter of 2019, we reclassified onerous lease liabilities that totaled $23 million as of March 31, 2019, from accrued liabilities and other accrued liabilities to operating lease right of use assets.
[4]	During 2019 and 2018, our North America region implementation costs included incremental costs that we incurred related to renegotiating collective bargaining agreements that expired in February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.

Restructuring Program - Restructuring and Implementation Costs by Segments (Details) - Simplify to Grow Program - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

59 Months Ended

62 Months Ended

Jun. 30, 2019

Jun. 30, 2018

Jun. 30, 2019

Jun. 30, 2018

Mar. 31, 2019

Jun. 30, 2019

^[2]

Restructuring Cost and Reserve [Line Items]

Restructuring Costs

$ 20

$ 112

$ 40

^[1]

$ 164

$ 2,590

Implementation Costs

118

132

1,460

Total

182

158

296

$ 4,100

4,050

Operating Segments | Latin America

Restructuring Cost and Reserve [Line Items]

Restructuring Costs

500

Implementation Costs

247

Total

747

Operating Segments | AMEA

Restructuring Cost and Reserve [Line Items]

Restructuring Costs

526

Implementation Costs

181

Total

707

Operating Segments | Europe

Restructuring Cost and Reserve [Line Items]

Restructuring Costs

982

Implementation Costs

373

Total

1,355

Operating Segments | North America

Restructuring Cost and Reserve [Line Items]

Restructuring Costs

^[3]

459

Implementation Costs

^[3]

345

Total

^[3]

804

Corporate

Restructuring Cost and Reserve [Line Items]

Restructuring Costs

^[4]

(1)

123

Implementation Costs

^[4]

314

Total

^[4]

$ 22

$ 19

$ 43

$ 24

$ 437

[1]	Includes settlement losses of $5 million recorded within benefit plan non-service income on our condensed consolidated statements of earnings
[2]	Includes all charges recorded since program inception on May 6, 2014 through June 30, 2019.
[3]	During 2019 and 2018, our North America region implementation costs included incremental costs that we incurred related to renegotiating collective bargaining agreements that expired in February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.
[4]	The Corporate column includes minor adjustments for pension settlement losses and rounding.

Debt and Borrowing Arrangements - Additional Information (Details) - USD ($)					6 Months Ended
	Feb. 27, 2019	Feb. 13, 2019	Feb. 01, 2019	Oct. 14, 2016	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Short-term borrowings					$ 3,780,000,000		$ 3,192,000,000
Long-term debt proceeds					597,000,000	$ 2,948,000,000
Long-term debt matured					$ 409,000,000	$ 1,442,000,000
Weighted-average interest rate of total debt					2.40%		2.30%	2.10%
Fair value of total debt					$ 20,009,000,000		$ 18,650,000,000
Carrying value of total debt					19,219,000,000		18,372,000,000
International Subsidiaries
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity					1,700,000,000		1,700,000,000
Revolving Credit Facility October 2016
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity				$ 4,500,000,000
Line of credit, expiration period				5 years
Line of Credit \| Revolving Credit Facility \| Multi-year Senior Unsecured Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity	$ 4,500,000,000
Total shareholders' equity, excluding accumulated other comprehensive earnings/(losses)	24,600,000,000				36,600,000,000
Line of credit facility outstanding amount					0
Notes Payable \| 3.625% U.S. dollar-denominated Fixed-rate Notes Due May 2023
Debt Instrument [Line Items]
Debt issued		$ 600,000,000
Debt instrument, interest rate		3.625%
Long-term debt proceeds		$ 595,000,000
Discounts and deferred financing costs		$ 5,000,000
Notes Payable \| 2.863% U.S. dollar-denominated Variable Rate Notes
Debt Instrument [Line Items]
Long-term debt matured			$ 400,000,000
Commercial paper
Debt Instrument [Line Items]
Short-term borrowings					$ 3,543,000,000		3,054,000,000
Commercial paper \| Minimum
Debt Instrument [Line Items]
Commercial paper, maturity period					1 day
Commercial paper \| Maximum
Debt Instrument [Line Items]
Commercial paper, maturity period					59 days
Commercial paper \| Revolving Credit Facility \| 364-Day Senior Unsecured Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity	$ 1,500,000,000
Line of credit, expiration period	364 days
Amounts drawn on the facility					$ 0
Line of Credit
Debt Instrument [Line Items]
Short-term borrowings					$ 237,000,000		$ 138,000,000

Debt and Borrowing Arrangements - Interest and Other Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Debt Disclosure [Abstract]
Interest expense, debt	$ 127	$ 115	$ 250	$ 217
Loss on debt extinguishment	0	140	0	140
Loss/(gain) related to interest rate swaps	0	5	0	(9)
Other (income)/expense, net	(26)	(12)	(69)	(20)
Interest and other expense, net	101	248	181	328
Net investment hedge debt \| Net investment hedge derivative contracts
Debt Instrument [Line Items]
Gains (losses) included in other income related to hedge ineffectiveness	$ 34	$ 33	$ 67	$ 50

Financial Instruments - Fair Value of Derivative Instruments (Details) - USD ($)
$ in Millions

Jun. 30, 2019

Dec. 31, 2018

Derivatives, Fair Value [Line Items]

Asset Derivatives

$ 713

$ 617

Liability Derivatives

687

630

Derivatives designated as accounting hedges

Derivatives, Fair Value [Line Items]

Asset Derivatives

450

354

Liability Derivatives

463

383

Derivatives designated as accounting hedges | Interest rate contracts

Derivatives, Fair Value [Line Items]

Asset Derivatives

Liability Derivatives

453

355

Derivatives designated as accounting hedges | Net investment hedge derivative contracts

Derivatives, Fair Value [Line Items]

Asset Derivatives

^[1]

434

337

Liability Derivatives

^[1]

Derivatives not designated as accounting hedges

Derivatives, Fair Value [Line Items]

Asset Derivatives

263

Liability Derivatives

224

247

Derivatives not designated as accounting hedges | Currency exchange contracts

Derivatives, Fair Value [Line Items]

Asset Derivatives

Liability Derivatives

Derivatives not designated as accounting hedges | Commodity contracts

Derivatives, Fair Value [Line Items]

Asset Derivatives

223

191

Liability Derivatives

$ 170

$ 210

[1]

Financial Instruments - Derivative Instruments Fair Value and Measurement Inputs (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Derivative [Line Items]
Total derivatives	$ 26	$ (13)
Currency exchange contracts
Derivative [Line Items]
Total derivatives	(14)	35
Commodity contracts
Derivative [Line Items]
Total derivatives	53	(19)
Interest rate contracts
Derivative [Line Items]
Total derivatives	(437)	(338)
Net investment hedge contracts
Derivative [Line Items]
Total derivatives	424	309
Quoted Prices in Active Markets for Identical Assets (Level 1)
Derivative [Line Items]
Total derivatives	37	(1)
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Currency exchange contracts
Derivative [Line Items]
Total derivatives	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Commodity contracts
Derivative [Line Items]
Total derivatives	37	(1)
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Interest rate contracts
Derivative [Line Items]
Total derivatives	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Net investment hedge contracts
Derivative [Line Items]
Total derivatives	0	0
Significant Other Observable Inputs (Level 2)
Derivative [Line Items]
Total derivatives	(11)	(12)
Significant Other Observable Inputs (Level 2) \| Currency exchange contracts
Derivative [Line Items]
Total derivatives	(14)	35
Significant Other Observable Inputs (Level 2) \| Commodity contracts
Derivative [Line Items]
Total derivatives	16	(18)
Significant Other Observable Inputs (Level 2) \| Interest rate contracts
Derivative [Line Items]
Total derivatives	(437)	(338)
Significant Other Observable Inputs (Level 2) \| Net investment hedge contracts
Derivative [Line Items]
Total derivatives	424	309
Significant Unobservable Inputs (Level 3)
Derivative [Line Items]
Total derivatives	0	0
Significant Unobservable Inputs (Level 3) \| Currency exchange contracts
Derivative [Line Items]
Total derivatives	0	0
Significant Unobservable Inputs (Level 3) \| Commodity contracts
Derivative [Line Items]
Total derivatives	0	0
Significant Unobservable Inputs (Level 3) \| Interest rate contracts
Derivative [Line Items]
Total derivatives	0	0
Significant Unobservable Inputs (Level 3) \| Net investment hedge contracts
Derivative [Line Items]
Total derivatives	$ 0	$ 0

Financial Instruments - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Net loss on equity method investment transactions	$ 25,000,000	$ 0	$ 2,000,000	$ 0
Loss/(gain) related to interest rate swaps	0	(5,000,000)	0	9,000,000
Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains/(losses)	(74,000,000)	21,000,000	(143,000,000)	(11,000,000)
Gains/(losses), net of taxes, reclassified from accumulated other comprehensive income into earnings	(12,000,000)	(5,000,000)	(12,000,000)	9,000,000
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, aggregate notional value	7,661,000,000		7,661,000,000		$ 8,679,000,000
Interest rate contracts \| Cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Expected transfers of unrealized losses to earnings, within next 12 months or less			$ 89,000,000
Hedged forecasted transaction period			4 years 4 months
Net derivative gains/(losses)	(77,000,000)	21,000,000	$ (146,000,000)	(11,000,000)
Gains/(losses), net of taxes, reclassified from accumulated other comprehensive income into earnings	(12,000,000)	(5,000,000)	(12,000,000)	9,000,000
Net investment hedge contracts
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, aggregate notional value	6,931,000,000		6,931,000,000		$ 6,678,000,000
Net derivative gains/(losses)	60,000,000	276,000,000	74,000,000	265,000,000
After-tax gains/(losses) on contracts settled recorded in cumulative translation adjustment of other comprehensive income	(7,000,000)
Gains/(losses), net of taxes, reclassified from accumulated other comprehensive income into earnings	0	0	0	0
Net investment hedge contracts \| Net investment hedge debt
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses), net of taxes, recognized in income, excluded from effectiveness testing	34,000,000	$ 33,000,000	67,000,000	$ 50,000,000
Reclassification out of Accumulated Other Comprehensive Income
Derivative Instruments, Gain (Loss) [Line Items]
Net loss on equity method investment transactions	$ 12,000,000		$ 12,000,000

Financial Instruments - Notional Values of Hedging Instruments (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Net investment hedge debt \| Euro notes
Derivative [Line Items]
Notional Amount	$ 3,485	$ 3,514
Net investment hedge debt \| British pound sterling notes
Derivative [Line Items]
Notional Amount	334	336
Net investment hedge debt \| Swiss franc notes
Derivative [Line Items]
Notional Amount	1,434	1,424
Net investment hedge debt \| Canadian dollar notes
Derivative [Line Items]
Notional Amount	458	440
Currency exchange contracts \| Intercompany loans and forecasted interest payments
Derivative [Line Items]
Notional Amount	3,707	3,239
Currency exchange contracts \| Forecasted transactions
Derivative [Line Items]
Notional Amount	2,732	2,396
Commodity contracts
Derivative [Line Items]
Notional Amount	587	393
Interest rate contracts
Derivative [Line Items]
Notional Amount	7,661	8,679
Net investment hedge contracts
Derivative [Line Items]
Notional Amount	$ 6,931	$ 6,678

Financial Instruments - Cash Flow Hedges Effect on Accumulated Other Comprehensive Earnings/(Losses), Net of Tax (Details) - Cash flow hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net [Abstract]
Accumulated (loss)/gain at beginning of period	$ (236)	$ (159)	$ (167)	$ (113)
Transfer of realized losses/(gains) in fair value to earnings	12	5	12	(9)
Unrealized (loss)/gain in fair value	(74)	21	(143)	(11)
Accumulated (loss)/gain at end of period	$ (298)	$ (133)	$ (298)	$ (133)

Financial Instruments - Cash Flow Hedges After-tax Gains/(Losses) (Details) - Cash flow hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Gains/(losses), net of taxes, reclassified from accumulated other comprehensive income into earnings	$ (12)	$ (5)	$ (12)	$ 9
Net derivative gains/(losses)	(74)	21	(143)	(11)
Currency exchange contracts \| Forecasted transactions
Derivative Instruments, Gain (Loss) [Line Items]
Net derivative gains/(losses)	3	0	3	0
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains/(losses), net of taxes, reclassified from accumulated other comprehensive income into earnings	(12)	(5)	(12)	9
Net derivative gains/(losses)	$ (77)	$ 21	$ (146)	$ (11)

Financial Instruments - Economic Hedges (Details) - Derivatives Not Designated as Hedging Instruments - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives instruments, pre-tax gains/(losses) recognized in earnings	$ (29)	$ 30	$ 51	$ 171
Currency exchange contracts \| Intercompany loans and forecasted interest payments \| Interest and other expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives instruments, pre-tax gains/(losses) recognized in earnings	(50)	7	11	14
Currency exchange contracts \| Forecasted transactions \| Interest and other expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives instruments, pre-tax gains/(losses) recognized in earnings	(1)	0	(1)	(5)
Currency exchange contracts \| Forecasted transactions \| Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives instruments, pre-tax gains/(losses) recognized in earnings	(25)	72	(20)	65
Currency exchange contracts \| Forecasted transactions \| Selling, general and administrative expenses
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives instruments, pre-tax gains/(losses) recognized in earnings	(5)	(1)	(5)	(4)
Commodity contracts \| Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives instruments, pre-tax gains/(losses) recognized in earnings	$ 52	$ (48)	$ 66	$ 101

Benefit Plans - Pension Costs (Details) - Pension Plans - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Simplify to Grow Program
Defined Benefit Plan Disclosure [Line Items]
Settlement losses and other expenses	$ 5	$ 3	$ 5	$ 3
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	9	10	18	22
Interest cost	15	15	31	30
Expected return on plan assets	(22)	(22)	(44)	(44)
Net loss from experience differences	5	9	10	20
Prior service cost/(credit)	1	0	1	1
Settlement losses and other expenses	4	8	8	15
Net periodic benefit costs	12	20	24	44
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	30	37	61	75
Interest cost	51	50	102	102
Expected return on plan assets	(101)	(114)	(204)	(231)
Net loss from experience differences	37	42	75	84
Prior service cost/(credit)	(1)	(1)	(3)	(1)
Settlement losses and other expenses	3	0	3	0
Net periodic benefit costs	$ 19	$ 14	$ 34	$ 29

Benefit Plans - Additional Information (Details) $ in Millions		3 Months Ended		6 Months Ended
	Jul. 11, 2019 USD ($)	Jun. 30, 2019 USD ($)	Jun. 30, 2018 USD ($) arrangement	Jun. 30, 2019 USD ($)
U.S. Plans \| Multiemployer Plans, Pension \| Fund \| BCTGM
Defined Benefit Plan Disclosure [Line Items]
Multiemployer plan, number of expired collective-bargaining arrangements \| arrangement			8
U.S. Plans \| Multiemployer Plans, Pension \| Fund \| BCTGM \| North America
Defined Benefit Plan Disclosure [Line Items]
Multiemployer plan, withdrawal liability		$ 396		$ 396
Pension Plans \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Employer contribution				4
Estimated future employer contributions		1		1
Pension Plans \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Employer contribution				131
Estimated future employer contributions		101		101
Pension Plans \| Non-U.S. Plans \| United Kingdom and Ireland
Defined Benefit Plan Disclosure [Line Items]
Employer contribution				74
Subsequent Event \| U.S. Plans \| Multiemployer Plans, Pension \| Fund \| BCTGM \| North America
Defined Benefit Plan Disclosure [Line Items]
Multiemployer plan, withdrawal liability	$ 526
Multiemployer plan, withdrawal obligation term	20 years
Other current liabilities \| U.S. Plans \| Multiemployer Plans, Pension \| Fund \| BCTGM \| North America
Defined Benefit Plan Disclosure [Line Items]
Multiemployer plan, withdrawal liability		22		22
Long-term other liabilities \| U.S. Plans \| Multiemployer Plans, Pension \| Fund \| BCTGM \| North America
Defined Benefit Plan Disclosure [Line Items]
Multiemployer plan, withdrawal liability		374		$ 374
Selling, general and administrative expenses \| U.S. Plans \| Multiemployer Plans, Pension \| Fund \| BCTGM \| North America
Defined Benefit Plan Disclosure [Line Items]
Multiemployer plan, period (credit) charge for withdrawal obligation		(35)	$ 408
Multiemployer plan, period (credit) charge for withdrawal obligation, net of tax		$ (26)	$ 305

Benefit Plans - Postretirement Benefit Plans (Details) - Postretirement Benefit Plans - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 2	$ 1	$ 3	$ 3
Interest cost	3	3	7	7
Net loss from experience differences	1	3	3	7
Prior service credit	(9)	(9)	(19)	(19)
Net periodic benefit costs	$ (3)	$ (2)	$ (6)	$ (2)

Benefit Plans - Postemployment Benefit Costs (Details) - Postemployment Benefit Plans - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 2	$ 1	$ 3	$ 3
Interest cost	1	1	2	2
Amortization of net gains	0	0	(1)	(1)
Net periodic benefit costs	$ 3	$ 2	$ 4	$ 4

Stock Plans - Stock Option Activity (Details) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

6 Months Ended

12 Months Ended

Jun. 30, 2019

Dec. 31, 2017

Dec. 31, 2018

Shares Subject to Option

Balance at January 1, 2019 (in shares)

43,818,830

Options granted (in shares)

4,853,600

Options exercised (in shares)

^[1]

(10,842,077)

Options canceled (in shares)

(697,437)

Balance at June 30, 2019 (in shares)

37,132,916

Weighted- Average Exercise or Grant Price Per Share

Balance at January 1, 2019 (in dollars per share)

$ 32.36

Options granted (in dollars per share)

47.76

Options exercised (in dollars per share)

^[1]

27.03

Options canceled (in dollars per share)

40.51

Balance at June 30, 2019 (in dollars per share)

$ 35.78

Average Remaining Contractual Term

Average remaining contractual term

6 years

5 years

Aggregate Intrinsic Value

Aggregate intrinsic value

$ 673

$ 371

Aggregate intrinsic value options exercised

^[1]

235

Cash received from options exercised

118

293

Actual tax benefit realized and recorded in the provision for income taxes for the tax deductions from the option exercises

$ 13

$ 29

Annual grant to eligible employees

Shares Subject to Option

Options granted (in shares)

4,793,570

Weighted- Average Exercise or Grant Price Per Share

Options granted (in dollars per share)

$ 47.72

Additional options issued

Shares Subject to Option

Options granted (in shares)

60,030

Weighted- Average Exercise or Grant Price Per Share

Options granted (in dollars per share)

$ 51.25

[1]

Stock Plans - Performance Share Units and Other Stock-Based Awards Activity (Details) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2019

Number of Shares

Balance at January 1, 2019 (in shares)

6,559,010

Shares granted (in shares)

1,673,443

Vested (in shares)

^[1]

(1,614,690)

Forfeited (in shares)

^[1]

(356,333)

Balance at June 30, 2019 (in shares)

6,261,430

Weighted-average grant date fair value per share

Balance at January 1, 2019 (in dollars per share)

^[2]

$ 42.19

Shares granted (in dollars per share)

^[2]

53.65

Vested (in dollars per share)

^[1],[2]

36.61

Forfeited (in dollars per share)

^[1],[2]

44.36

Balance at June 30, 2019 (in dollars per share)

^[2]

$ 46.56

Weighted-Average Aggregate Fair Value

Weighted average grant date fair value of shares granted

^[2]

$ 90

Weighted average grant date fair value of shares vested

^[1],[2]

Maximum

Weighted-Average Aggregate Fair Value

Actual tax benefit/(expense) realized for the tax deductions from the shares vested

$ 1

$ 2

Annual grant to eligible employees

Grant Date

Grant Date

Feb. 22, 2019

Performance share units

Number of Shares

Shares granted (in shares)

891,210

Weighted-average grant date fair value per share

Shares granted (in dollars per share)

^[2]

$ 57.91

Deferred stock units

Number of Shares

Shares granted (in shares)

666,880

Weighted-average grant date fair value per share

Shares granted (in dollars per share)

^[2]

$ 47.72

Additional shares granted

Number of Shares

Shares granted (in shares)

^[3]

115,353

Weighted-average grant date fair value per share

Shares granted (in dollars per share)

^[2],[3]

$ 55.04

[1]	Includes performance share units, deferred stock units and historically granted restricted stock. The actual tax benefit/(expense) realized and recorded in the provision for income taxes for the tax deductions from the shares vested totaled less than $1 million in the three months and $2 million in the six months ended June 30, 2019.
[2]	The grant date fair value of performance share units is determined based on the Monte Carlo simulation model for the market-based total shareholder return component and the closing market price of the Company’s stock on the grant date for performance-based components. The Monte Carlo simulation model incorporates the probability of achieving the total shareholder return market condition. Compensation expense is recognized using the grant date fair values regardless of whether the market condition is achieved, so long as the requisite service has been provided.
[3]	Includes performance share units and deferred stock units.

Stock Plans - Share Repurchase Program (Details) - USD ($) $ / shares in Units, shares in Millions		1 Months Ended	3 Months Ended		6 Months Ended		72 Months Ended
	Jan. 31, 2018	Jul. 31, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Dec. 31, 2013
Class of Stock [Line Items]
Common shares repurchased			$ 276,000,000	$ 650,000,000	$ 941,000,000	$ 1,150,000,000
Repurchase of common stock					940,000,000	$ 1,177,000,000
Common Stock \| Prior to January 1, 2018
Class of Stock [Line Items]
Stock repurchase value								$ 13,700,000,000
Common shares repurchased							$ 15,000,000,000.0
Common Stock \| Share Repurchase Program Amended January 1, 2018
Class of Stock [Line Items]
Stock repurchase value	$ 19,700,000,000
Increase in share repurchase value	$ 6,000,000,000.0
Stock repurchase expiration date	Dec. 31, 2020
Common shares repurchased					$ 1,000,000,000.0
Number of shares repurchased (in shares)					21
Average cost of shares repurchased (in dollars per share)					$ 45.84
Remaining share repurchase capacity			$ 3,700,000,000		$ 3,700,000,000
Common Stock \| Share Repurchase Program Amended January 1, 2018 \| Subsequent Event
Class of Stock [Line Items]
Repurchase of common stock		$ 1,000,000

Commitments and Contingencies (Details) ₨ in Billions	3 Months Ended		6 Months Ended
Commitments and Contingencies (Details) ₨ in Billions	Jun. 30, 2019 USD ($) claim	Jun. 30, 2018 USD ($)	Jun. 30, 2019 USD ($) claim	Jun. 30, 2018 USD ($)	Jun. 30, 2019 INR (₨) claim
Loss Contingencies [Line Items]
Income tax benefit	$ (216,000,000)	$ (15,000,000)	$ (405,000,000)	$ (352,000,000)
Selling, general and administrative expense to offset tax benefit	$ 1,427,000,000	1,904,000,000	$ 2,920,000,000	$ 3,431,000,000
U.S. Commodity Futures Trading Commission ("CFTC")
Loss Contingencies [Line Items]
Loss contingency, filing date			Apr. 01, 2015
Loss contingency, damages sought			$ 1,000,000
U.S. Commodity Futures Trading Commission ("CFTC") \| Each Additional Violation of the Commodity Exchange Act
Loss Contingencies [Line Items]
Loss contingency, damages sought			$ 140,000
Cadbury \| Indian Department of Central Excise Authority \| Show Cause Notice
Loss Contingencies [Line Items]
Number of show cause notices \| claim	5		5		5
Cadbury \| Indian Department of Central Excise Authority \| Cause Note February 2013 and March 2014
Loss Contingencies [Line Items]
Amount for formal claim of notice presented for unpaid excise tax, as of the balance sheet date	$ 54,000,000		$ 54,000,000		₨ 3.7
Cadbury \| Indian Department of Central Excise Authority \| Cause Note March 2015
Loss Contingencies [Line Items]
Amount for formal claim of notice presented for unpaid excise tax, as of the balance sheet date	85,000,000		85,000,000		5.8
Cadbury \| Indian Department of Central Excise Authority \| Cause Notice February 2015, December 2015 and October 2017
Loss Contingencies [Line Items]
Amount for formal claim of notice presented for unpaid excise tax, as of the balance sheet date	70,000,000		70,000,000		4.9
Cadbury \| Indian Department of Central Excise Authority \| Cause Notice May 2019
Loss Contingencies [Line Items]
Amount for formal claim of notice presented for unpaid excise tax, as of the balance sheet date	$ 135,000,000		$ 135,000,000		₨ 9.3
LU Biscuit Business
Loss Contingencies [Line Items]
Income tax benefit		15,000,000
Selling, general and administrative expense to offset tax benefit		11,000,000
Interest expense to offset tax benefit		$ 4,000,000

Reclassifications from Accumulated Other Comprehensive Income - Changes in Accumulated Other Comprehensive Earnings/(Losses) (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2019

Jun. 30, 2018

Jun. 30, 2019

Jun. 30, 2018

Accumulated other comprehensive income attributable to Mondelēz International:

Balance at beginning of period

$ 25,909

$ 26,544

$ 25,713

$ 26,074

Total other comprehensive earnings/(losses)

(41)

(681)

(523)

Less: (earnings)/loss attributable to noncontrolling interests

(2)

(1)

(3)

Tax expense/(benefit) on reclassifications

(216)

(15)

(405)

(352)

Other comprehensive earnings/(losses) attributable to Mondelēz International

(43)

(669)

(526)

Balance at end of period

26,174

25,275

26,174

25,275

Currency Translation Adjustments

Accumulated other comprehensive income attributable to Mondelēz International:

Balance at beginning of period

(8,412)

(7,545)

(8,603)

(7,740)

Currency translation adjustments

(32)

(720)

136

(557)

Tax (expense)/benefit

(1)

(156)

(109)

Total other comprehensive earnings/(losses)

(33)

(876)

157

(666)

Less: (earnings)/loss attributable to noncontrolling interests

(2)

(1)

(3)

Balance at end of period

(8,447)

(8,409)

(8,447)

(8,409)

Pension and Other Benefits

Accumulated other comprehensive income attributable to Mondelēz International:

Balance at beginning of period

(1,850)

(2,150)

(1,860)

(2,144)

Total other comprehensive earnings/(losses)

169

163

Net actuarial gain/(loss) arising during period

(23)

Tax (expense)/benefit on net actuarial gain/(loss)

(9)

Currency impact, pension and other benefit plans

100

Balance at end of period

(1,796)

(1,981)

(1,796)

(1,981)

Pension and Other Benefits | Losses/(gains) reclassified into net earnings

Accumulated other comprehensive income attributable to Mondelēz International:

Amortization of experience losses and prior service costs

^[1]

Settlement losses and other expenses

^[1]

Tax expense/(benefit) on reclassifications

^[2]

(11)

(12)

(18)

(25)

Derivative Cash Flow Hedges

Accumulated other comprehensive income attributable to Mondelēz International:

Balance at beginning of period

(236)

(159)

(167)

(113)

Total other comprehensive earnings/(losses)

(62)

(131)

(20)

Net derivative gains/(losses)

(86)

(163)

(12)

Tax (expense)/benefit on net derivative gain/(loss)

(4)

Currency impact

Balance at end of period

(298)

(133)

(298)

(133)

Derivative Cash Flow Hedges | Losses/(gains) reclassified into net earnings

Accumulated other comprehensive income attributable to Mondelēz International:

Tax expense/(benefit) on reclassifications

^[2]

(2)

Derivative Cash Flow Hedges | Losses/(gains) reclassified into net earnings | Interest rate contracts

Accumulated other comprehensive income attributable to Mondelēz International:

Losses/(gains) reclassified into net earnings

^[3]

(11)

Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income attributable to Mondelēz International:

Balance at beginning of period

(10,498)

(9,854)

(10,630)

(9,997)

Total other comprehensive earnings/(losses)

(43)

(669)

(526)

Balance at end of period

$ (10,541)

$ (10,523)

$ (10,541)

$ (10,523)

[1]	These reclassified losses are included in the components of net periodic benefit costs disclosed in Note 11, Benefit Plans, and net loss on equity method investment transactions.
[2]	Taxes reclassified to earnings are recorded within the provision for income taxes.
[3]	These reclassified gains or losses are recorded within interest and other expense, net and net loss on equity method investment transactions.

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Tax Contingency [Line Items]
Estimated annual effective tax rate			25.50%	21.90%
Effective tax rate	23.10%	6.00%	21.20%	25.10%
Net tax discrete items (benefit) expense	$ (8)	$ (32)	$ (71)	$ 41
Net benefit from the release of uncertain tax positions due to the expirations of statutes of limitations and audit settlements	24	27	$ 84	43
Tax expense from U.S. state legislative changes	$ 15
Additional transition tax liability recognized as an adjustment to prior provisional estimate				86
Argentina Tax Authority
Income Tax Contingency [Line Items]
Benefit from pending tax refund claim		$ 22		$ 22

Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Net earnings	$ 808	$ 320	$ 1,728	$ 1,372
Noncontrolling interest earnings	(1)	(2)	(7)	(8)
Net earnings attributable to Mondelēz International	$ 807	$ 318	$ 1,721	$ 1,364
Weighted-average shares for basic EPS (in shares)	1,445	1,475	1,447	1,482
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares (in shares)	13	13	13	14
Weighted-average shares for diluted EPS (in shares)	1,458	1,488	1,460	1,496
Basic earnings per share attributable to Mondeléz International (in dollars per share)	$ 0.56	$ 0.22	$ 1.19	$ 0.92
Diluted earnings per share attributable to Mondélez International (in dollars per share)	$ 0.55	$ 0.21	$ 1.18	$ 0.91

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

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+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

+ Details

Segment Reporting - Net Revenues and Earnings (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Net revenues	$ 6,062	$ 6,112	$ 12,600	$ 12,877
Operating income	1,025	481	2,061	1,705
Unrealized gains on hedging activities (mark-to-market impacts)	33	88	49	294
General corporate expenses	(79)	(91)	(188)	(155)
Amortization of intangibles	(43)	(44)	(87)	(88)
Net gain on divestitures	41	0	41	0
Acquisition-related costs	(1)	(13)	(1)	(13)
Benefit plan non-service income	12	15	29	28
Interest and other expense, net	(101)	(248)	(181)	(328)
Earnings before income taxes	936	248	1,909	1,405
Latin America
Segment Reporting Information [Line Items]
Net revenues	737	774	1,537	1,665
Operating income	68	92	166	218
AMEA
Segment Reporting Information [Line Items]
Net revenues	1,352	1,360	2,893	2,902
Operating income	191	177	447	405
Europe
Segment Reporting Information [Line Items]
Net revenues	2,247	2,303	4,798	5,009
Operating income	408	367	908	864
North America
Segment Reporting Information [Line Items]
Net revenues	1,726	1,675	3,372	3,301
Operating income	$ 407	$ (95)	$ 726	$ 180

Segment Reporting - Net Revenues by Product Category (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Net revenues	$ 6,062	$ 6,112	$ 12,600	$ 12,877
Biscuits
Segment Reporting Information [Line Items]
Net revenues	2,809	2,792	5,546	5,545
Chocolate
Segment Reporting Information [Line Items]
Net revenues	1,643	1,650	3,849	3,946
Gum & Candy
Segment Reporting Information [Line Items]
Net revenues	847	886	1,660	1,767
Beverages
Segment Reporting Information [Line Items]
Net revenues	297	308	618	669
Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues	466	476	927	950
Latin America
Segment Reporting Information [Line Items]
Net revenues	737	774	1,537	1,665
Latin America \| Biscuits
Segment Reporting Information [Line Items]
Net revenues	186	192	356	375
Latin America \| Chocolate
Segment Reporting Information [Line Items]
Net revenues	157	161	387	404
Latin America \| Gum & Candy
Segment Reporting Information [Line Items]
Net revenues	209	224	409	448
Latin America \| Beverages
Segment Reporting Information [Line Items]
Net revenues	108	116	231	277
Latin America \| Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues	77	81	154	161
AMEA
Segment Reporting Information [Line Items]
Net revenues	1,352	1,360	2,893	2,902
AMEA \| Biscuits
Segment Reporting Information [Line Items]
Net revenues	405	387	866	829
AMEA \| Chocolate
Segment Reporting Information [Line Items]
Net revenues	438	440	995	1,013
AMEA \| Gum & Candy
Segment Reporting Information [Line Items]
Net revenues	224	236	449	471
AMEA \| Beverages
Segment Reporting Information [Line Items]
Net revenues	169	173	341	345
AMEA \| Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues	116	124	242	244
Europe
Segment Reporting Information [Line Items]
Net revenues	2,247	2,303	4,798	5,009
Europe \| Biscuits
Segment Reporting Information [Line Items]
Net revenues	767	810	1,501	1,605
Europe \| Chocolate
Segment Reporting Information [Line Items]
Net revenues	1,006	1,003	2,366	2,426
Europe \| Gum & Candy
Segment Reporting Information [Line Items]
Net revenues	181	200	354	386
Europe \| Beverages
Segment Reporting Information [Line Items]
Net revenues	20	19	46	47
Europe \| Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues	273	271	531	545
North America
Segment Reporting Information [Line Items]
Net revenues	1,726	1,675	3,372	3,301
North America \| Biscuits
Segment Reporting Information [Line Items]
Net revenues	1,451	1,403	2,823	2,736
North America \| Chocolate
Segment Reporting Information [Line Items]
Net revenues	42	46	101	103
North America \| Gum & Candy
Segment Reporting Information [Line Items]
Net revenues	233	226	448	462
North America \| Beverages
Segment Reporting Information [Line Items]
Net revenues	0	0	0	0
North America \| Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues	$ 0	$ 0	$ 0	$ 0

Divestitures and Acquisitions	6 Months Ended
Divestitures and Acquisitions	Jun. 30, 2019
Business Combinations [Abstract]
Divestitures and Acquisitions	Note 2. Divestitures and Acquisitions On May 28, 2019, we completed the sale of most of our cheese business in the Middle East and Africa to Arla Foods of Denmark. We received cash proceeds of $158 million and divested $19 million of current assets and $96 million of non-current assets. We also paid $2 million of transaction costs and recorded a net pre-tax gain of $41 million on the sale. We also incurred divestiture-related costs of $11 million in the three months and $10 million in the six months ended June 30, 2019. On June 7, 2018, we acquired a U.S. premium biscuit company, Tate’s Bake Shop, within our North America segment for $527 million cash paid, net of cash received, and extended our premium biscuit offerings. We accounted for the transaction as a business combination. As of June 30, 2019, we finalized our purchase price allocation and there were no significant changes to the net assets previously recorded. The final purchase price allocation included $45 million to definite-lived intangible assets, $205 million to indefinite-lived intangible assets, $297 million to goodwill, $16 million to property, plant and equipment, $5 million to inventory, $9 million to accounts receivable, $7 million to current liabilities and $43 million to deferred tax liabilities. The acquisition added incremental net revenues of $35 million and incremental operating income of $4 million in 2019 through the anniversary of the acquisition date.

Leases - Additional Information (Details) $ in Millions	6 Months Ended
Leases - Additional Information (Details) $ in Millions	Jun. 30, 2019 USD ($)
Lessee, Lease, Description [Line Items]
Option to extend leases	6 years
Amount of operating lease contracts not yet commenced	$ 46
Term of operating lease contracts not yet commenced	15 years
Minimum
Lessee, Lease, Description [Line Items]
Remaining term of leases	1 year
Maximum
Lessee, Lease, Description [Line Items]
Remaining term of leases	9 years

Goodwill and Intangible Assets - Goodwill by Segment (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Goodwill	$ 20,701	$ 20,725
Latin America
Segment Reporting Information [Line Items]
Goodwill	833	823
AMEA
Segment Reporting Information [Line Items]
Goodwill	3,169	3,210
Europe
Segment Reporting Information [Line Items]
Goodwill	7,499	7,519
North America
Segment Reporting Information [Line Items]
Goodwill	$ 9,200	$ 9,173

Debt and Borrowing Arrangements - Short-Term Borrowings and Related Weighted-Average Interest Rates (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Short-term Debt [Line Items]
Amount Outstanding	$ 3,780	$ 3,192
Commercial paper
Short-term Debt [Line Items]
Amount Outstanding	$ 3,543	$ 3,054
Weighted-Average Rate	2.60%	2.90%
Bank loans
Short-term Debt [Line Items]
Amount Outstanding	$ 237	$ 138
Weighted-Average Rate	14.40%	10.50%

Segment Reporting - Additional Information (Details)	6 Months Ended
Segment Reporting - Additional Information (Details)	Jun. 30, 2019 segment
Segment Reporting [Abstract]
Number of operating segments	4