Mondelez International (MDLZ) 10-Q 2008 Q3 Quarterly report

EXHIBIT 12

KRAFT FOODS INC. AND SUBSIDIARIES

Computation of Ratios of Earnings to Fixed Charges

(in millions of dollars)

	For the Three			For the Nine
	Months Ended			Months Ended
	September 30, 2008			September 30, 2008
Earnings from continuing operations before income taxes	$	738		$	2,581
Add / (Deduct):
Equity in net earnings of less than 50% owned affiliates		(24	)		(72	)
Dividends from less than 50% owned affiliates		5			54
Fixed charges		351			1,082
Interest capitalized, net of amortization		(2	)		(3	)
Earnings available for fixed charges	$	1,068		$	3,642
Fixed charges:
Interest incurred:
Interest expense	$	311		$	964
Capitalized interest		2			4
		313			968
Portion of rent expense deemed to represent interest factor		38			114
Fixed charges	$	351		$	1,082
Ratio of earnings to fixed charges		3.0			3.4