Mondelez International (MDLZ) 8-K Other Events

EXHIBIT 12

KRAFT FOODS INC. AND SUBSIDIARIES

Computation of Ratios of Earnings to Fixed Charges

(in millions of dollars)

	Years Ended December 31,
	2005			2004			2003			2002			2001
Earnings from continuing operations before income taxes and minority interest	$	4,116		$	3,946		$	5,195		$	5,114		$	3,280
Add (Deduct):
Equity in net earnings of less than 50% owned affiliates	(67		)	(7		)	(53		)	(51		)	(41		)
Dividends from less than 50% owned affiliates	55			46			41			28			21
Fixed charges	799			828			831			1,003			1,581
Interest capitalized, net of amortization	(1		)	(1		)	(1		)	(1		)	(3		)
Earnings available for fixed charges	$	4,902		$	4,812		$	6,013		$	6,093		$	4,838
Fixed charges:
Interest incurred
Interest expense	$	651		$	677		$	678		$	854		$	1,452
Capitalized interest	3			2			3			4			5
	654			679			681			858			1,457
Portion of rent expense deemed to represent interest factor	145			149			150			145			124
Fixed charges	$	799		$	828		$	831		$	1,003		$	1,581
Ratio of earnings to fixed charges	6.1			5.8			7.2			6.1			3.1