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,
	2006			2005			2004			2003			2002
Earnings from continuing operations before income taxes and minority interest	$	4,016		$	4,116		$	3,946		$	5,195		$	5,114
Add (Deduct):
Equity in net earnings of less than 50% owned affiliates	(71		)	(67		)	(7		)	(53		)	(51		)
Dividends from less than 50% owned affiliates	51			55			46			41			28
Fixed charges	733			799			828			831			1,003
Interest capitalized, net of amortization	(4		)	(1		)	(1		)	(1		)	(1		)
Earnings available for fixed charges	$	4,725		$	4,902		$	4,812		$	6,013		$	6,093
Fixed charges:
Interest incurred:
Interest expense	$	578		$	651		$	677		$	678		$	854
Capitalized interest	8			3			2			3			4
	586			654			679			681			858
Portion of rent expense deemed to represent interest factor	147			145			149			150			145
Fixed charges	$	733		$	799		$	828		$	831		$	1,003
Ratio of earnings to fixed charges	6.4			6.1			5.8			7.2			6.1