Mondelez International (MDLZ) 10-Q 29 Oct 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Oct. 23, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Trading Symbol	MDLZ
Entity Registrant Name	Mondelez International, Inc.
Entity Central Index Key	1,103,982
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		1,589,167,484

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014		Sep. 30, 2015	Sep. 30, 2014
Net revenues	$ 6,849	$ 8,337	[1]	$ 22,272	$ 25,414	[1]
Cost of sales	4,179	5,195		13,595	15,963
Gross profit	2,670	3,142		8,677	9,451
Selling, general and administrative expenses	1,790	2,053		5,675	6,356
Asset impairment and exit costs	155	188		546	285
Gains on coffee business transactions and divestiture	(7,122)			(7,135)
Amortization of intangibles	45	48		137	157
Operating income	7,802	853		9,454	2,653
Interest and other expense / (income)	114	(227)		814	717
Earnings before income taxes	7,688	1,080		8,640	1,936
Provision for income taxes	348	178		561	242
Equity method investment net losses	72			72
Net earnings	7,268	902		8,007	1,694
Noncontrolling interest	2	3		11	10
Net earnings attributable to Mondelez International	$ 7,266	$ 899		$ 7,996	$ 1,684
Per share data:
Basic earnings per share attributable to Mondelez International	$ 4.52	$ 0.53		$ 4.91	$ 0.99
Diluted earnings per share attributable to Mondelez International	4.46	0.53		4.86	0.98
Dividends declared	$ 0.17	$ 0.15		$ 0.47	$ 0.43
[1]	During 2014, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2015 presentation.

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net earnings	$ 7,268	$ 902	$ 8,007	$ 1,694
Currency translation adjustment:
Translation adjustment	(1,047)	(1,755)	(2,371)	(1,615)
Tax (expense) / benefit	(23)	(147)	(111)	(150)
Pension and other benefits:
Net actuarial gain / (loss) arising during period	127	16	99	16
Reclassification of (gains) / losses into net earnings:
Amortization of experience losses and prior service costs	46	31	165	100
Settlement losses	51	9	64	25
Tax (expense) / benefit	(68)	(26)	(99)	(47)
Derivatives accounted for as hedges:
Net derivative gains / (losses)	(113)	34	(103)	(78)
Reclassification of (gains) / losses into net earnings	75	(18)	27	(22)
Tax (expense) / benefit	29	14	16	57
Total other comprehensive earnings / (losses)	(923)	(1,842)	(2,313)	(1,714)
Comprehensive earnings / (losses)	6,345	(940)	5,694	(20)
less: Comprehensive earnings / (losses) attributable to noncontrolling interests	(4)	(15)	(11)	(9)
Comprehensive earnings / (losses) attributable to Mondelez International	$ 6,349	$ (925)	$ 5,705	$ (11)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions		Sep. 30, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents		$ 2,039	$ 1,631
Trade receivables (net of allowances of $61 at September 30, 2015 and $66 at December 31, 2014)		3,352	3,802
Other receivables (net of allowances of $91 at September 30, 2015 and $91 at December 31, 2014)		2,566	949
Inventories, net		3,029	3,480
Deferred income taxes		550	480
Other current assets		638	1,408
Total current assets		12,174	11,750
Property, plant and equipment, net		8,564	9,827
Goodwill		20,963	23,389
Intangible assets, net		19,115	20,335
Prepaid pension assets		42	53
Equity method investments		4,895	662
Other assets		637	799
TOTAL ASSETS	[1]	66,390	66,815
LIABILITIES
Short-term borrowings		1,571	1,305
Current portion of long-term debt		1,759	1,530
Accounts payable		4,875	5,299
Accrued marketing		1,563	2,047
Accrued employment costs		932	946
Other current liabilities		2,937	2,880
Total current liabilities		13,637	14,007
Long-term debt		13,029	13,865
Deferred income taxes		5,137	5,512
Accrued pension costs		2,132	2,912
Accrued postretirement health care costs		541	526
Other liabilities		1,962	2,140
TOTAL LIABILITIES		$ 36,438	$ 38,962
Commitments and Contingencies (Note 11)
EQUITY
Common Stock, no par value (5,000,000,000 shares authorized and 1,996,537,778 shares issued at September 30, 2015 and December 31, 2014)		$ 0	$ 0
Additional paid-in capital		31,727	31,651
Retained earnings		21,707	14,529
Accumulated other comprehensive losses		(9,609)	(7,318)
Treasury stock, at cost (405,346,755 shares at September 30, 2015 and 332,896,779 shares at December 31, 2014)		(13,957)	(11,112)
Total Mondelez International Shareholders' Equity		29,868	27,750
Noncontrolling interest		84	103
TOTAL EQUITY		29,952	27,853
TOTAL LIABILITIES AND EQUITY		$ 66,390	$ 66,815
[1]	Beginning in the third quarter of 2015, earnings from equity method investees are reported outside of segment operating income, as discussed above in this Note and Note 1, Basis of Presentation - Equity Method Investments, and outside of segment assets. We reclassified equity method investments above as of December 31, 2014 on a basis consistent with the 2015 presentation.

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Trade receivables, allowances	$ 61	$ 66
Other receivables, allowances	$ 91	$ 91
Common Stock, no par value
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common Stock, shares issued	1,996,537,778	1,996,537,778
Treasury stock, shares	405,346,755	332,896,779

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Earnings/(Losses)	Treasury Stock	Noncontrolling Interest	[1]
Balances at Dec. 31, 2013	$ 32,532	$ 31,396	$ 13,419	$ (2,889)	$ (9,553)	$ 159
Comprehensive earnings / (losses):
Net earnings	2,201		2,184			17
Other comprehensive losses, net of income taxes	(4,462)			(4,429)		(33)
Exercise of stock options and issuance of other stock awards	505	271	(98)		332
Common Stock repurchased	(1,891)				(1,891)
Cash dividends declared ($0.47 per share for 2015 and $0.58 per share for for 2014)	(976)		(976)
Dividends paid on noncontrolling interest and other activities	(56)	(16)				(40)
Balances at Dec. 31, 2014	27,853	31,651	14,529	(7,318)	(11,112)	103
Comprehensive earnings / (losses):
Net earnings	8,007		7,996			11
Other comprehensive losses, net of income taxes	(2,313)			(2,291)		(22)
Exercise of stock options and issuance of other stock awards	255	76	(60)		239
Common Stock repurchased	(3,084)				(3,084)
Cash dividends declared ($0.47 per share for 2015 and $0.58 per share for for 2014)	(758)		(758)
Dividends paid on noncontrolling interest and other activities	(8)					(8)
Balances at Sep. 30, 2015	$ 29,952	$ 31,727	$ 21,707	$ (9,609)	$ (13,957)	$ 84
[1]	Noncontrolling interest as of September 30, 2014 was $112 million, as compared to $159 million as of January 1, 2014. The change of $(47) million during the nine months ended September 30, 2014 was due to $(38) million of dividends paid, $10 million of net earnings and $(19) million of other comprehensive losses, net of taxes.

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Equity (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013
Cash dividends declared, per share	$ 0.17	$ 0.15	$ 0.47	$ 0.43	$ 0.58
Noncontrolling interest	$ 84	$ 112	$ 84	$ 112	$ 103	$ 159
Change in noncontrolling interest				(47)
Dividends paid to noncontrolling interest			$ (8)	(38)	$ (56)
Net earnings	$ 2	$ 3	$ 11	10
Other comprehensive losses, net of taxes				$ (19)

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES
Net earnings	$ 8,007	$ 1,694
Adjustments to reconcile net earnings to operating cash flows:
Depreciation and amortization	663	797
Stock-based compensation expense	98	104
Deferred income tax benefit	(81)	(255)
Asset impairments	195	77
Loss on early extinguishment of debt	708	493
Gains on coffee business transactions and divestiture	(7,135)
Coffee business transactions currency-related net gains	(436)	(413)
Loss/(income) from equity method investments	16	(83)
Distributions from equity method investments	58	61
Other non-cash items, net	142	(6)
Change in assets and liabilities, net of acquisition and divestitures:
Receivables, net	(868)	(163)
Inventories, net	(314)	(625)
Accounts payable	496	19
Other current assets	36	(106)
Other current liabilities	11	(430)
Change in pension and postretirement assets and liabilities, net	(184)	(15)
Net cash provided by operating activities	1,412	1,149
CASH PROVIDED BY / (USED IN) INVESTING ACTIVITIES
Capital expenditures	(1,178)	(1,129)
Proceeds from coffee business transactions and divestiture, net of disbursements	4,091
Proceeds from coffee business transactions currency hedge settlements	1,050
Acquisitions, net of cash received	(536)
Proceeds from sale of property, plant and equipment and other	33	29
Net cash provided by / (used in) investing activities	3,460	(1,100)
CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES
Issuances of commercial paper, maturities greater than 90 days	613	1,986
Repayments of commercial paper, maturities greater than 90 days	(710)	(2,072)
Net issuances of other short-term borrowings	396	236
Long-term debt proceeds	3,606	3,032
Long-term debt repaid	(4,543)	(2,524)
Repurchase of Common Stock	(3,003)	(1,020)
Dividends paid	(736)	(713)
Other	107	163
Net cash used in financing activities	(4,270)	(912)
Effect of exchange rate changes on cash and cash equivalents	(194)	(140)
Cash and cash equivalents:
Increase / (decrease)	408	(1,003)
Balance at beginning of period	1,631	2,622
Balance at end of period	$ 2,039	$ 1,619

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2015
Basis of Presentation	Note 1. Basis of Presentation The condensed consolidated financial statements include Mondelēz International, Inc. as well as our wholly owned and majority owned subsidiaries. Our interim condensed consolidated financial statements are unaudited. Certain information and footnote disclosures normally included in 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 financial position and operating results. Net revenues and net earnings for any interim period are not necessarily indicative of future or annual results. We derived the condensed consolidated balance sheet data as of December 31, 2014 from audited financial statements, but we do not include all disclosures required by U.S. GAAP. You should read these statements in conjunction with our consolidated financial statements and related notes in our Annual Report on Form 10-K Equity Method Investments: We account for investments in which we exercise significant influence (20%-50% ownership interest) under the equity method of accounting. On July 2, 2015, we contributed our global coffee businesses to a new company, Jacobs Douwe Egberts (“JDE”), in which we now hold a 43.5% equity interest (collectively, the “coffee business transactions”). Historically, our coffee businesses and the income from primarily coffee-related and smaller equity method investments were recorded within our operating income as these businesses operated as direct extensions of our base business. Following the coffee business transactions, while we retain an ongoing interest in coffee through significant equity method investments, and we have significant influence with JDE and other equity method investments, we do not have control over these operations directly. As such, beginning in the third quarter, we began to recognize the investment earnings in after-tax equity method investment earnings outside of operating income and segment income. For periods prior to the July 2, 2015 closing, the coffee and other equity method investment earnings were included within our operating income and segment income. Please see Note 2, Divestitures and Acquisitions – Coffee Business Transactions Segment Reporting Accounting Calendar Change: In connection with moving toward a common consolidation date across the Company, in the first quarter of 2015, we changed the consolidation date for our North America segment from the last Saturday of each period to the last calendar day of each period. The change had a favorable impact of $19 million on net revenues and $8 million on operating income in the three months and $58 million on net revenues and $27 million on operating income in the nine months ended September 30, 2015. As a result of this change, each of our operating subsidiaries now reports results as of the last calendar day of the period. We believe the change will improve business planning and financial reporting by better matching the close dates of the operating subsidiaries and bringing the reporting dates to the period-end date. As the effect to prior-period results was not material, we have not revised prior-period results. 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 such as in Venezuela) and realized exchange gains and losses on transactions in earnings. Venezuela. On February 8, 2013, the Venezuelan government announced the devaluation of the official Venezuelan bolivar exchange rate from 4.30 bolivars to 6.30 bolivars to the U.S. dollar. The official rate of 6.30 is the rate applied to import food and other essential items, and we purchase a material portion of our imported raw materials using U.S. dollars secured at this rate. On January 24, 2014, the Venezuelan government announced the expansion of a new auction-based currency transaction program, which became known as SICAD I, and new profit margin controls. The application of the SICAD I rate was extended to include foreign investments and significant operating activities, including contracts for leasing and services, use and exploitation of patents and trademarks, payments of royalties and contracts for technology import and technical assistance. On March 24, 2014, the Venezuelan government launched a new market-based currency exchange market, SICAD II, and at that time indicated that it may be used voluntarily to exchange bolivars into U.S. dollars. As of March 31, 2014, we began to apply the SICAD I exchange rate to remeasure our bolivar-denominated net monetary assets, and we began translating our Venezuelan operating results at the SICAD I rate in the second quarter of 2014. On March 31, 2014, we recognized a $142 million currency remeasurement loss within selling, general and administrative expenses of our Latin America segment as a result of revaluing our bolivar-denominated net monetary assets from the official exchange rate of 6.30 bolivars to the U.S. dollar to the then-prevailing SICAD I exchange rate of 10.70 bolivars to the U.S. dollar. Through September 30, 2014, we recognized $19 million of additional remeasurement charges related primarily to changes in the SICAD I rate. On February 10, 2015, the Venezuelan government combined the SICAD I and SICAD II (“SICAD”) exchange rate mechanisms and in addition created a new market-based SIMADI rate, while retaining the 6.30 official rate for food and other essentials. The Venezuelan government also announced an opening SICAD auction rate of 12.00 bolivars to the U.S. dollar, which as of September 30, 2015 is the prevailing SICAD rate until our specific industry group auctions make U.S. dollars available at another offered SICAD rate. The SIMADI rate was designed as a free market exchange rate that makes U.S. dollars available for any transactions based on the available supply of U.S. dollars at the offered rate. As of September 30, 2015, the SIMADI exchange rate was 199.42 bolivars to the U.S. dollar. Our Venezuelan operations produce a range of biscuit, cheese & grocery, confectionery and beverage products. Based on the currency exchange developments this year, we reviewed our domestic and international sourcing of goods and services and the exchange rates we believe will be applicable. The large majority of imports continue to be sourced at the 6.30 official rate. Availability of U.S. dollars at the SICAD rate has been limited, and while we were able to secure U.S. dollars at the SICAD rate in the first six months of the year, we were not able to secure any U.S. dollars at this rate during the third quarter. Availability of U.S. dollars at the SIMADI rate has also been limited and to date we have not sourced U.S. dollars at this rate. Based on our current sourcing of goods and services, we believe the SICAD rate continues to be the most economically representative rate for us to use to value our net monetary assets and translate our operating results in Venezuela. In light of the ongoing difficult macroeconomic environment in Venezuela, we continue to monitor and actively manage our investment and exposures in Venezuela. We plan to continue to do business in the country as long as we can successfully operate our business there. We strive to locally source and produce a significant amount of the products we sell in Venezuela. We have taken other protective measures against currency devaluation, such as converting monetary assets into non-monetary assets that we can use in our business. However, suitable protective measures have become less available and more expensive and may not offset further currency devaluation that could occur. We will also continue to monitor liquidity and availability of U.S. dollars at different rates as this situation may change in the future. In the first quarter of 2015, we recognized an $11 million remeasurement loss, reflecting an increase in the SICAD exchange rate from 11.50 to 12.00 bolivars to the U.S. dollar. The following table sets forth net revenues for our Venezuelan operations for the three and nine months ended September 30, 2015 (measured at the SICAD rate), and cash, net monetary assets and net assets of our Venezuelan subsidiaries as of September 30, 2015 (translated at a SICAD rate of 12.00 bolivars to the U.S. dollar): Venezuela operations Three Months Ended September 30, 2015 Net revenues $315 million or 4.6% of consolidated net revenues Nine Months Ended September 30, 2015 Net revenues $834 million or 3.7% of consolidated net revenues As of September 30, 2015 Cash $401 million Net monetary assets $352 million Net assets $617 million Unlike the official rate that is fixed at 6.30 bolivars to the U.S. dollar, the SICAD rate can vary over time. If any of the three-tier currency exchange rates, or the application of the rates to our business, were to change, we would recognize additional currency losses or gains, which could be significant. Argentina. Russia. Other Countries. New Accounting Pronouncements: In September 2015, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“ASU”) that eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. Under the new guidance, measurement-period adjustments should be accounted for during the period in which the entity determines the amount of the adjustment. The ASU is effective for fiscal years beginning after December 15, 2015, with early adoption permitted, and should be applied prospectively to open measurement periods after the effective date, regardless of the acquisition date. We plan to early adopt and to apply the standard in our accounting for the acquisitions that we closed this quarter. See Note 2, Divestitures and Acquisitions In July 2015, the FASB issued an ASU that simplifies the guidance on the subsequent measurement of inventory. U.S. GAAP currently requires an entity to measure inventory at the lower of cost or market. Previously, market could be replacement cost, net realizable value or net realizable value less an approximate normal profit margin. Under the new standard, inventory should be valued at the lower of cost or net realizable value. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. We are currently assessing the impact of the ASU across our operations and on our consolidated financial statements. In May 2015, the FASB issued an ASU that applies to reporting entities that elect to measure the fair value of an investment using the net asset value (“NAV”) per share (or its equivalent) practical expedient. This ASU removes the requirement to include investments measured using the practical expedient within fair value hierarchy disclosures. Also, practical expedient disclosures previously required for all eligible investments are now only required for investments for which the practical expedient has been elected. The update is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. As we measure certain defined benefit plan assets using the NAV practical expedient, we plan to adopt the new standard on or by the January 1, 2016 effective date. The new standard will impact our disclosures as discussed above but is not otherwise expected to have an impact on our consolidated financial statements. In April 2015, the FASB issued an ASU that provides guidance on evaluating whether a cloud computing arrangement includes a software license. If there is a software license component, software licensing accounting should be applied; otherwise, service contract accounting should be applied. The ASU is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. We are currently assessing the impact on our consolidated financial statements. In April 2015, the FASB issued an ASU that simplifies the presentation of debt issuance costs. The standard requires debt issuance costs related to a recognized debt obligation to be presented in the balance sheet as a direct deduction from the carrying amount of the related debt instead of being presented as an asset, similar to the presentation of debt discounts. In August 2015, the FASB issued an update clarifying that for line-of-credit arrangements, entities may continue to defer debt issuance costs as an asset. The ASU represents a change in accounting principle and requires retrospective application. The ASU is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. We plan to adopt the new standard as of December 31, 2015. In February 2015, the FASB issued an ASU that amends current consolidation guidance related to the evaluation of whether certain legal entities should be consolidated. The standard modifies both the variable interest entity (“VIE”) model and the voting interest model, including analyses of whether limited partnerships are VIEs and the impact of service fees and related party interests in determining if an entity is a VIE to the reporting entity. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. We plan to adopt the new standard on January 1, 2016 and are currently assessing the impact across our operations and on our consolidated financial statements. In May 2014, the FASB issued an ASU on revenue recognition from contracts with customers. The new ASU outlines a new, single comprehensive model for companies to use in accounting for revenue. The core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to a customer in an amount that reflects the consideration the entity expects to be entitled to receive in exchange for the goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows from customer contracts, including significant judgments made in recognizing revenue. In May 2015, the FASB proposed changes to the new guidance in the areas of licenses and identifying performance obligations. In August 2015, the FASB issued an ASU that defers the effective date by one year to annual reporting periods beginning after December 15, 2017. Early adoption is permitted as of the original effective date which was for annual reporting periods beginning after December 15, 2016. The ASU may be applied retrospectively to historical periods presented or as a cumulative-effect adjustment as of the date of adoption. We continue to assess the impact of the new standard across our operations and on our consolidated financial statements. Reclassifications: Certain amounts previously reported have been reclassified to conform to current-year presentation. We reclassified equity method investments on the condensed consolidated balance sheets to conform with the current-year presentation. We also reclassified cash flows related to our historical equity method investees on the condensed consolidated statements of cash flows. Refer to the Equity Method Investments

Divestitures and Acquisitions

Divestitures and Acquisitions	9 Months Ended
	Sep. 30, 2015
Divestitures and Acquisitions	Note 2. Divestitures and Acquisitions Coffee Business Transactions: On July 2, 2015, we completed transactions to combine our wholly owned coffee businesses (including our coffee portfolio in France) with those of D.E Master Blenders 1753 B.V. (“DEMB”) to create a new company, Jacobs Douwe Egberts or JDE. We now hold a 43.5% equity interest in JDE and Acorn Holdings B.V., owner of DEMB, holds a 56.5% share. In connection with the transaction, we recorded a preliminary pre-tax gain of $7.1 billion (or $6.9 billion after-taxes) on the contribution of our global coffee businesses during the three months ended September 30, 2015. In addition, we recorded approximately $1 billion of net gains on currency exchange forward contracts related to the hedging of proceeds for the transaction as described further below in this Note. The consideration we received to date for our coffee businesses consists of € Other Divestiture and Acquisitions During the third quarter we completed a preliminary valuation of our investment in JDE as of the closing date and recorded a $4.5 billion estimated investment in JDE within equity method investments on the condensed consolidated balance sheet. We and JDE are currently in the process of finalizing the value of JDE and our investment in JDE as of the closing date. The value of our investment in JDE is also affected by the estimated sales price adjustment that will be settled in 2016. As such, the contribution proceeds we recorded, including the values for our investment in JDE and the sales price adjustment, are estimated and subject to further adjustment as we work with Acorn Holdings B.V. and JDE to address the remaining terms of the agreement. As a result, the final amount of consideration we receive and the gain we recognize on the transactions may change materially until we conclude these matters. As a result of the transaction, our snacks product categories, consisting of biscuits, chocolate, gum and candy, make up the majority of our business portfolio, contributing approximately 84% of our 2015 year to date and 85% of our 2014 net revenues after excluding coffee net revenues. By retaining a significant stake in JDE, the coffee category will continue to be significant to our results. As such, we have reflected our historical coffee results and equity earnings from JDE in results from continuing operations reflecting the fact that results from the coffee category continue to be a significant part of our net earnings and strategy going forward. Additionally, we recorded currency-related net gains of $29 million in the three months and $436 million in the nine months ended September 30, 2015 and $420 million in the three months and $413 million in the nine months ended September 30, 2014 due to currency exchange forward contracts related to the receipt of the coffee business transaction proceeds and the subsequent transfers of these funds to our subsidiaries, as detailed below. To lock in an expected pre-tax U.S. dollar value of approximately $5 billion related to the estimated € During the second quarter of 2015, we entered into currency exchange forward contracts to hedge a portion of the cash payments to be made to our subsidiaries in multiple countries where coffee net assets and shares were deconsolidated. During July 2015, we settled these forward contracts with a notional value of € Our coffee business results are reflected in our consolidated financial statements for all periods prior to the July 2, 2015 closing date. The pre-tax earnings of the coffee businesses were: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Earnings before income taxes $ – $ 184 $ 342 $ 494 We also incurred incremental expenses related to readying our global coffee businesses for the transactions that totaled $54 million in the three months and $239 million in the nine months ended September 30, 2015 and $10 million in the three months and $15 million in the nine months ended September 30, 2014. These expenses were recorded within asset impairment and exit costs and selling, general and administrative expenses of primarily our Europe and Eastern Europe, Middle East and Africa (“EEMEA”) segments and within general corporate expenses. Prior to the July 2, 2015 closing, we received conditional approval for the transaction from the European Commission following their antitrust evaluation and made significant progress on our consultations with Work Councils and employee representations. The European Commission’s ruling was conditioned upon JDE’s divestiture of the majority of the EU-based Carte Noire Merrild On July 2, 2015, we deconsolidated the following assets and liabilities: As of July 2, 2015 (in millions) Assets Cash and cash equivalents $ 488 Trade receivables 468 Other receivables 24 Inventories, net 469 Deferred income taxes 6 Other current assets 44 Current assets 1,499 Property, plant and equipment, net 751 Goodwill 1,664 Intangible assets, net – Other assets 35 Noncurrent assets 2,450 Total assets $ 3,949 Liabilities Accounts payable $ 438 Accrued marketing 290 Accrued employment costs 29 Other current liabilities 63 Current liabilities 820 Deferred income taxes 63 Accrued pension costs 146 Other liabilities 4 Noncurrent liabilities 213 Total liabilities $ 1,033 Net assets deconsolidated $ 2,916 Additionally, we recorded pension settlement losses of $49 million related to our historical coffee businesses within accumulated other comprehensive losses. Other Divestiture and Acquisitions: On July 15, 2015, we acquired an 80% interest in a biscuit operation in Vietnam, which is now a subsidiary within our Asia Pacific segment. Total cash paid to date for the biscuit operation, intellectual property, non-compete and consulting agreements was 11,843 billion Vietnamese dong ($543 million U.S. dollars as of July 15, 2015). We have made or expect to make the following cash payments in connection with the acquisition: • On November 10, 2014, we deposited $46 million in escrow upon signing the purchase agreement. • On July 15, 2015, we made a 9,122 billion Vietnamese dong ($418 million U.S. dollars as of July 15, 2015) payment for the biscuit operation, a $44 million additional escrow deposit and a 759 billion Vietnamese dong ($35 million U.S. dollars as of July 15, 2015) partial payment for the non-compete and continued consulting agreements. • Subject to the satisfaction of final conditions, including the resolution of warranty or other claims or purchase price adjustments, we expect to release previously escrowed funds of $90 million for the remaining 20% interest in the biscuit operation and to make a final payment of 759 billion Vietnamese dong ($35 million U.S. dollars as of July 15, 2015) for the non-compete and consulting agreements. We anticipate resolution of these conditions by the end of the third quarter of 2016. We are in the process of completing the valuation work for the acquired net assets. We have recorded a preliminary allocation of the consideration paid including $10 million to inventory, $35 million to property, plant and equipment, $17 million to other net liabilities and $480 million of estimated goodwill. We recorded the non-compete and consulting agreements as prepaid contracts within other current and non-current assets and they will be amortized into net earnings over the remaining contract terms. The acquisition added $70 million in incremental net revenues and $16 million in incremental operating income for the quarter. Additionally, we recorded acquisition costs of $6 million for the three months and $7 million for the nine months ended September 30, 2015 and integration costs of $4 million for the three months and $5 million for the nine months ended September 30, 3015 within selling, general and administrative expenses. On April 23, 2015, we completed the divestiture of our 50 percent interest in AGF, our Japanese coffee joint venture, to our joint venture partner, which generated cash proceeds of 27 billion Japanese yen ($225 million U.S. dollars as of April 23, 2015) and a pre-tax gain of $13 million (after-tax loss of $9 million). Upon closing, we divested our $99 million investment in the joint venture, $65 million of goodwill and $41 million of accumulated other comprehensive losses. We also incurred approximately $7 million of transaction costs. On February 16, 2015, we acquired a U.S. snacking company, Enjoy Life Foods, within our North America segment. We paid cash and settled debt totaling $81 million in connection with the acquisition. Upon finalizing the valuation of the acquired net assets during the second quarter, as of June 30, 2015, we had recorded an $81 million purchase price allocation of $58 million in identifiable intangible assets, $20 million of goodwill and $3 million of other net assets. The acquisition-related costs and operating results of the acquisition were not material to our condensed consolidated financial statements as of and for the three and nine months ended September 30, 2015.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2015
Inventories	Note 3. Inventories Inventories consisted of the following: As of September 30, As of December 31, 2015 2014 (in millions) Raw materials $ 967 $ 1,122 Finished product 2,062 2,358 Inventories, net $ 3,029 $ 3,480 On July 2, 2015, we deconsolidated $469 million of net inventory with the coffee business transactions. See Note 2, Divestitures and Acquisitions

Property, Plant and Equipment

Property, Plant and Equipment	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment	Note 4. Property, Plant and Equipment Property, plant and equipment consisted of the following: As of September 30, As of December 31, 2015 2014 (in millions) Land and land improvements $ 502 $ 574 Buildings and building improvements 2,731 3,117 Machinery and equipment 9,983 11,737 Construction in progress 1,572 1,484 14,788 16,912 Accumulated depreciation (6,224 ) (7,085 ) Property, plant and equipment, net $ 8,564 $ 9,827 On July 2, 2015, we deconsolidated $751 million of net property, plant and equipment with the coffee business transactions. See Note 2, Divestitures and Acquisitions In connection with our 2012-2014 Restructuring Program and 2014-2018 Restructuring Program, we recorded non-cash asset write-downs (including accelerated depreciation and asset impairments) of $56 million in the three months and $191 million in the nine months ended September 30, 2015 and $48 million in the three months and $74 million in the nine months ended September 30, 2014 (see Note 6, Restructuring Programs These charges were recorded in the consolidated statements of earnings within asset impairment and exit costs as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Latin America $ 6 $ – $ 40 $ – Asia Pacific 18 18 46 18 EEMEA 2 4 4 5 Europe 14 13 51 14 North America 16 13 50 37 Total non-cash asset write-downs $ 56 $ 48 $ 191 $ 74

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets	Note 5. Goodwill and Intangible Assets Goodwill by reportable segment was: As of As of 2015 2014 (in millions) Latin America $ 865 $ 1,127 Asia Pacific 2,517 2,395 EEMEA 1,373 1,942 Europe 7,316 8,952 North America 8,892 8,973 Goodwill $ 20,963 $ 23,389 Intangible assets consisted of the following: As of As of 2015 2014 (in millions) Non-amortizable intangible assets $ 17,812 $ 18,810 Amortizable intangible assets 2,351 2,525 20,163 21,335 Accumulated amortization (1,048 ) (1,000 ) Intangible assets, net $ 19,115 $ 20,335 Non-amortizable intangible assets consist principally of brand names purchased through our acquisitions of Nabisco Holdings Corp., the Spanish and Portuguese operations of United Biscuits, the global LU Amortization expense for intangible assets was $45 million in the three months and $137 million in the nine months ended September 30, 2015 and $48 million in the three months and $157 million in the nine months ended September 30, 2014. We currently estimate annual amortization expense for each of the next five years to be approximately $184 million, estimated using September 30, 2015 exchange rates. During our 2014 review of non-amortizable intangible assets, we recorded an impairment charge of $57 million within asset impairment and exit costs for the impairment of intangible assets in Asia Pacific and Europe. We also noted three brands with $341 million of aggregate book value as of December 31, 2014 that each had a fair value in excess of book value of 10% or less. While these intangible assets passed our annual impairment testing and we believe our current plans for each of these brands will allow them to continue to not be impaired, if expectations are not met or specific valuation factors outside of our control, such as discount rates, change significantly, then a brand or brands could become impaired in the future. Changes in goodwill and intangible assets consisted of: Intangible Goodwill Assets, at Cost (in millions) Balance at January 1, 2015 $ 23,389 $ 21,335 Changes due to: Currency (1,196 ) (1,229 ) Deconsolidation and divestiture (1,729 ) – Acquisitions 500 58 Other (1 ) (1 ) Balance at September 30, 2015 $ 20,963 $ 20,163 Changes to goodwill and intangibles were: • Deconsolidation and divestiture – On July 2, 2015, we deconsolidated $1,664 million of goodwill and less than $1 million of intangible assets in connection with the coffee business transactions. On April 23, 2015, we completed the divestiture of our 50 percent interest in AGF, which resulted in divesting $65 million of goodwill. • Acquisitions – On July 15, 2015, we acquired an 80% interest in a biscuit operation in Vietnam and recorded a preliminary allocation of $480 million of goodwill as we complete the final valuation work for the acquisition. On February 16, 2015, we acquired Enjoy Life Foods and recorded $20 million of goodwill and $58 million in identifiable intangible assets. For more information on these transactions, refer to Note 2, Divestitures and Acquisitions

Restructuring Programs

Restructuring Programs	9 Months Ended
	Sep. 30, 2015
Restructuring Programs	Note 6. Restructuring Programs 2014-2018 Restructuring Program On May 6, 2014, our Board of Directors approved a $3.5 billion restructuring program, comprised of approximately $2.5 billion in cash costs and $1 billion in non-cash costs (the “2014-2018 Restructuring Program”), and up to $2.2 billion of capital expenditures. The primary objective of the 2014-2018 Restructuring Program is to reduce our operating cost structure in both our supply chain and overhead costs. The program is intended primarily to cover severance as well as asset disposals and other manufacturing-related one-time costs. We expect to incur the majority of the program’s charges in 2015 and 2016 and to complete the program by year-end 2018. Since inception, we have incurred total restructuring and related implementation charges of $1.0 billion related to the 2014-2018 Restructuring Program. Restructuring Costs We recorded restructuring charges of $146 million in the three months and $442 million in the nine months ended September 30, 2015 and $25 million in the three months and $26 million in the nine months ended September 30, 2014 within asset impairment and exit costs. The activity for the 2014-2018 Restructuring Program liability for the nine months ended September 30, 2015 was: Severance Asset Write-downs Total (in millions) Liability balance, January 1, 2015 $ 224 $ – $ 224 Charges 252 190 442 Cash spent (156 ) – (156 ) Non-cash settlements / adjustments (6 ) (190 ) (196 ) Currency (15 ) – (15 ) Liability balance, September 30, 2015 $ 299 $ – $ 299 We spent $51 million in the three months and $156 million in the nine months ended September 30, 2015 and $25 million in the three months and $26 million in the nine months ended September 30, 2014 in cash severance and related costs. We also recognized non-cash pension settlement losses (See Note 9, Benefit Plans 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 2014-2018 Restructuring 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 $75 million in the three months and $185 million in the nine months ended September 30, 2015 and $42 million in the three months and $51 million in the nine months ended September 30, 2014. We recorded these costs within cost of sales and general corporate expense within selling, general and administrative expenses. Restructuring and Implementation Costs in Operating Income: During 2015 and 2014, we recorded restructuring and implementation costs related to the 2014-2018 Restructuring Program within operating income as follows: Latin Asia EEMEA Europe North Corporate (1) Total (in millions) For the Three Months Ended Restructuring Costs $ 30 $ 33 $ 7 $ 35 $ 39 $ 2 $ 146 Implementation Costs 6 3 1 19 19 27 75 Total $ 36 $ 36 $ 8 $ 54 $ 58 $ 29 $ 221 For the Nine Months Ended Restructuring Costs $ 79 $ 78 $ 21 $ 190 $ 70 $ 4 $ 442 Implementation Costs 27 12 7 47 40 52 185 Total $ 106 $ 90 $ 28 $ 237 $ 110 $ 56 $ 627 For the Three Months Ended Restructuring Costs $ 25 $ – $ – $ – $ – $ – $ 25 Implementation Costs 7 4 3 14 1 13 42 Total $ 32 $ 4 $ 3 $ 14 $ 1 $ 13 $ 67 For the Nine Months Ended Restructuring Costs $ 26 $ – $ – $ – $ – $ – $ 26 Implementation Costs 8 4 3 14 1 21 51 Total $ 34 $ 4 $ 3 $ 14 $ 1 $ 21 $ 77 Total Project 2014-2015 (2) Restructuring Costs $ 158 $ 94 $ 40 $ 283 $ 124 $ 18 $ 717 Implementation Costs 45 21 11 82 48 84 291 Total $ 203 $ 115 $ 51 $ 365 $ 172 $ 102 $ 1,008 (1) Includes adjustment for rounding. (2) Includes all charges recorded since program inception on May 6, 2014 through September 30, 2015. 2012-2014 Restructuring Program On October 1, 2012, we completed the Spin-Off of our North American grocery business, Kraft Foods Group, Inc. (“Kraft Foods Group”), to our shareholders (the “Spin-Off”). Prior to this transaction, in 2012, our Board of Directors approved $1.5 billion of related restructuring and implementation costs (the “2012-2014 Restructuring Program”) reflecting primarily severance, asset disposals and other manufacturing-related one-time costs. The primary objective of the 2012-2014 Restructuring Program was to ensure that Mondelēz International and Kraft Foods Group were each set up to operate efficiently and execute on our respective business strategies upon separation and in the future. Of the $1.5 billion of 2012-2014 Restructuring Program costs, we retained approximately $925 million and Kraft Foods Group retained the balance of the program. Through the end of 2014, we incurred total restructuring and related implementation charges of $899 million and completed incurring planned charges on the 2012-2014 Restructuring Program. Restructuring Costs: We recorded reversals to the restructuring charges of $3 million in the nine months ended September 30, 2015 related to accruals no longer required. We recorded restructuring charges of $163 million in the three months and $259 million in the nine months ended September 30, 2014 within asset impairment and exit costs. The activity for the 2012-2014 Restructuring Program liability for the nine months ended September 30, 2015 was: Severance Asset Write-downs Total (in millions) Liability balance, January 1, 2015 $ 128 $ – $ 128 Charges (3 ) – (3 ) Cash spent (57 ) – (57 ) Non-cash settlements / adjustments – – – Currency (6 ) – (6 ) Liability balance, September 30, 2015 $ 62 $ – $ 62 We spent $14 million in the three months and $57 million in the nine months ended September 30, 2015 and $44 million in the three months and $110 million in the nine months ended September 30, 2014 in cash severance and related costs. We also recognized non-cash pension plan settlement losses (See Note 9, Benefit Plans Implementation Costs: Implementation costs related to our 2012-2014 Restructuring Program primarily relate to activities in connection with the Spin-Off such as reorganizing our operations and facilities, the discontinuance of certain product lines and incremental expenses related to the closure of facilities, replicating our information systems infrastructure and reorganizing our sales function. Within our continuing results of operations, we recorded implementation costs of $23 million in the three months and $66 million in the nine months ended September 30, 2014. We recorded these costs within cost of sales and selling, general and administrative expenses. Restructuring and Implementation Costs in Operating Income: During the three and nine months ended September 30, 2014 and since inception of the 2012-2014 Restructuring Program, we recorded restructuring and implementation costs within operating income as follows: Latin Asia EEMEA Europe North Corporate (1) Total (in millions) For the Three Months Ended Restructuring Costs $ 3 $ 27 $ 14 $ 85 $ 34 $ – $ 163 Implementation Costs – 1 – 14 7 1 23 Total $ 3 $ 28 $ 14 $ 99 $ 41 $ 1 $ 186 For the Nine Months Ended Restructuring Costs $ 7 $ 28 $ 26 $ 128 $ 70 $ – $ 259 Implementation Costs 1 1 2 42 20 – 66 Total $ 8 $ 29 $ 28 $ 170 $ 90 $ – $ 325 Total Project 2012-2014 (2) Restructuring Costs $ 36 $ 36 $ 69 $ 249 $ 337 $ 2 $ 729 Implementation Costs 3 6 4 88 65 4 170 Total $ 39 $ 42 $ 73 $ 337 $ 402 $ 6 $ 899 (1) Includes adjustment for rounding. (2) Includes all charges recorded since program inception in 2012 through conclusion on December 31, 2014.

Debt

Debt	9 Months Ended
	Sep. 30, 2015
Debt	Note 7. Debt Short-Term Borrowings: Our short-term borrowings and related weighted-average interest rates consisted of: As of September 30, 2015 As of December 31, 2014 Amount Weighted- Amount Weighted- (in millions) (in millions) Commercial paper $ 1,279 0.5% $ 1,101 0.4% Bank loans 292 9.0% 204 8.8% Total short-term borrowings $ 1,571 $ 1,305 As of September 30, 2015, the commercial paper issued and outstanding had between 1 and 55 days remaining to maturity. Bank loans include borrowings on primarily uncommitted credit lines maintained by some of our international subsidiaries to meet short-term working capital needs. Borrowing Arrangements: We maintain a revolving credit facility for general corporate purposes, including for working capital purposes and to support our commercial paper program. Our $4.5 billion multi-year senior unsecured revolving credit facility expires on October 11, 2018. 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) and the cumulative effects of any changes in accounting principles. At September 30, 2015, we complied with the covenant as our shareholders’ equity as defined by the covenant was $39.5 billion. The revolving credit facility agreement also contains customary representations, covenants and events of default. There are no credit rating triggers, provisions or other financial covenants that could require us to post collateral as security. As of September 30, 2015, no amounts were drawn on the facility. Some of our international subsidiaries maintain primarily uncommitted credit lines to meet short-term working capital needs. Collectively, these credit lines amounted to $1.9 billion at September 30, 2015 and $2.1 billion at December 31, 2014. Borrowings on these lines amounted to $292 million at September 30, 2015 and $204 million at December 31, 2014. Long-Term Debt: On September 21, 2015, we priced an offering of fr • fr • fr On October 6, 2015, we received net proceeds of $410 million that were used for general corporate purposes and to fund upcoming debt maturities. On this date, we recorded the fr On June 11, 2015, € On March 30, 2015, we issued fr • fr • fr • fr We received net proceeds of $675 million that were used for general corporate purposes. We recorded approximately $2 million of premiums and deferred financing costs, which will be amortized into interest expense over the life of the notes. On March 20, 2015, € On March 20, 2015, we completed a cash tender offer and retired $2.5 billion of our long-term U.S. dollar debt consisting of: • $102 million of our 6.500% Notes due in August 2017 • $115 million of our 6.125% Notes due in February 2018 • $80 million of our 6.125% Notes due in August 2018 • $691 million of our 5.375% Notes due in February 2020 • $201 million of our 6.500% Notes due in November 2031 • $26 million of our 7.000% Notes due in August 2037 • $71 million of our 6.875% Notes due in February 2038 • $69 million of our 6.875% Notes due in January 2039 • $1,143 million of our 6.500% Notes due in February 2040 We financed the repurchase of these notes, including the payment of accrued interest and other costs incurred, from net proceeds received from the $2.8 billion notes issuance on March 6, 2015 described below and the issuance of commercial paper. In connection with retiring this debt, during the first three months of 2015, we recorded a $708 million loss on extinguishment of debt within interest expense related to the amount we paid to retire the debt in excess of its carrying value and from recognizing unamortized discounts and deferred financing costs in earnings at the time of the debt extinguishment. The loss on extinguishment is included in long-term debt repayments in the condensed consolidated statement of cash flows for the nine months ended September 30, 2015. We also recognized $5 million of charges within interest expense from hedging instruments related to the retired debt. Upon extinguishing the debt, the deferred cash flow hedge amounts were recorded in earnings. On March 6, 2015, we issued € • € • € • € • £450 million (or $667 million) of 3.875% fixed rate notes that mature on March 6, 2045 We received net proceeds of $2,890 million that were used to fund the March 2015 tender offer and for other general corporate purposes. We recorded approximately $29 million of discounts and deferred financing costs, which will be amortized into interest expense over the life of the notes. Our weighted-average interest rate on our total debt was 3.5% as of September 30, 2015, following the completion of our tender offer and debt issuances in the first quarter. Our weighted-average interest rate on our total debt as of December 31, 2014 was 4.3%, down from 4.8% as of December 31, 2013. Fair Value of Our Debt: The fair value of our short-term borrowings at September 30, 2015 and December 31, 2014 reflects current market interest rates and approximates the amounts we have recorded on our consolidated balance sheet. The fair value of our long-term debt was determined using quoted prices in active markets (Level 1 valuation data) for the publicly traded debt obligations. At September 30, 2015, the aggregate fair value of our total debt was $16,874 million and its carrying value was $16,359 million. At December 31, 2014, the aggregate fair value of our total debt was $18,463 million and its carrying value was $16,700 million. Interest and Other Expense / (Income): Interest and other expense / (income) within our results of continuing operations consisted of: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Interest expense, debt $ 139 $ 188 $ 461 $ 582 Loss on debt extinguishment and – – 713 495 Coffee business transactions (29 ) (420 ) (436 ) (413 ) Loss related to interest rate swaps – – 34 – Other expense, net 4 5 42 53 Interest and other expense / (income) $ 114 $ (227 ) $ 814 $ 717 See Note 2, Divestitures and Acquisitions, Financial Instruments, Financial Instruments

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 30, 2015
Financial Instruments	Note 8. Financial Instruments Fair Value of Derivative Instruments: Derivative instruments were recorded at fair value in the consolidated balance sheets as follows: As of September 30, 2015 As of December 31, 2014 Asset Liability Asset Liability Derivatives Derivatives Derivatives Derivatives (in millions) Derivatives designated as Currency exchange contracts $ 23 $ 4 $ 69 $ 17 Commodity contracts 12 25 12 33 Interest rate contracts 22 69 13 42 $ 57 $ 98 $ 94 $ 92 Derivatives not designated as Currency exchange contracts $ 61 $ 23 $ 735 $ 24 Commodity contracts 80 98 90 194 Interest rate contracts 44 29 59 39 $ 185 $ 150 $ 884 $ 257 Total fair value $ 242 $ 248 $ 978 $ 349 We record derivative assets and liabilities on a gross basis in our condensed consolidated balance sheet. 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. See our consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended December 31, 2014 for additional information on our risk management strategies and use of derivatives and related accounting. The fair values (asset / (liability)) of our derivative instruments were determined using: As of September 30, 2015 Total Fair Value of Net Asset / (Liability) Quoted Prices in (Level 1) Significant Inputs (Level 2) Significant Inputs (Level 3) (in millions) Currency exchange contracts $ 57 $ – $ 57 $ – Commodity contracts (31 ) (7 ) (24 ) – Interest rate contracts (32 ) – (32 ) – Total derivatives $ (6 ) $ (7 ) $ 1 $ – As of December 31, 2014 Total Fair Value of Net Asset / (Liability) Quoted Prices in (Level 1) Significant Significant (Level 3) (in millions) Currency exchange contracts $ 763 $ – $ 763 $ – Commodity contracts (125 ) (49 ) (76 ) – Interest rate contracts (9 ) – (9 ) – Total derivatives $ 629 $ (49 ) $ 678 $ – 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. Our exchange-traded derivatives are generally subject to master netting arrangements that permit net settlement of transactions with the same counterparty when certain criteria are met, such as in the event of default. We also are required to maintain cash margin accounts in connection with funding the settlement of our open positions, and the margin requirements generally fluctuate daily based on market conditions. We have recorded margin deposits related to our exchange-traded derivatives of $40 million as of September 30, 2015 and $84 million as of December 31, 2014 within other current assets. Based on our net asset or liability positions with individual counterparties, in the event of default and immediate net settlement of all of our open positions, for derivatives we have in a net liability position, we would owe $3 million as of December 31, 2014, and for derivatives we have in a net asset position, our counterparties would owe us a total of $32 million as of September 30, 2015 and $38 million as of December 31, 2014. 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 commodity and currency exchange OTC derivatives do not have a legal right of set-off. In connection with our OTC derivatives that could be net-settled in the event of default, assuming all parties were to fail to comply with the terms of the agreements, for derivatives we have in a net liability position, we would owe $117 million as of September 30, 2015 and $156 million as of December 31, 2014, and for derivatives we have in a net asset position, our counterparties would owe us a total of $66 million as of September 30, 2015 and $72 million as of December 31, 2014. 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 net notional values of our derivative instruments were: Notional Amount As of September 30, As of December 31, 2015 2014 (in millions) Currency exchange contracts: Intercompany loans and forecasted interest payments $ 3,657 $ 3,640 Forecasted transactions 1,660 6,681 Commodity contracts 617 1,569 Interest rate contracts 3,051 3,970 Net investment hedge – euro notes 4,471 3,932 Net investment hedge – pound sterling notes 1,210 545 Net investment hedge – Swiss franc notes 694 – Cash Flow Hedges: Cash flow hedge activity, net of taxes, within accumulated other comprehensive earnings / (losses) included: For the Three Months Ended September 30, For the Nine Months Ended September 30, 2015 2014 2015 2014 (in millions) Accumulated gain / (loss) at beginning of period $ (53 ) $ 44 $ (2 ) $ 117 Transfer of realized losses / (gains) in fair value 60 (17 ) 6 (20 ) Unrealized gain / (loss) in fair value (69 ) 47 (66 ) (23 ) Accumulated gain / (loss) at end of period $ (62 ) $ 74 $ (62 ) $ 74 After-tax gains / (losses) reclassified from accumulated other comprehensive earnings / (losses) into net earnings were: For the Three Months Ended September 30, For the Nine Months Ended September 30, 2015 2014 2015 2014 (in millions) Currency exchange contracts – $ (11 ) $ 12 $ 73 $ 8 Commodity contracts (49 ) 5 (53 ) 14 Interest rate contracts – – (26 ) (2 ) Total $ (60 ) $ 17 $ (6 ) $ 20 After-tax gains / (losses) recognized in other comprehensive earnings / (losses) were: For the Three Months Ended September 30, For the Nine Months Ended September 30, 2015 2014 2015 2014 (in millions) Currency exchange contracts – $ 8 $ 58 $ 33 $ 65 Commodity contracts (38 ) 7 (61 ) 10 Interest rate contracts (39 ) (18 ) (38 ) (98 ) Total $ (69 ) $ 47 $ (66 ) $ (23 ) Cash flow hedge ineffectiveness was not material for all periods presented. Pre-tax gains / (losses) on amounts excluded from effectiveness testing recognized in net earnings from continuing operations included a pre-tax loss of $34 million recognized in the three months ended March 31, 2015 within interest and other expense / (income) related to certain U.S. dollar interest rate swaps that we no longer designate as accounting cash flow hedges due to a change in financing and hedging plans. In the first quarter, our plans to issue U.S. dollar debt changed and we issued euro, British pound sterling and Swiss franc-denominated notes due to lower overall cost and our decision to hedge a greater portion of our net investments in operations that use these currencies as their functional currencies. In the second and third quarters of 2015 and the prior-year periods, amounts excluded from effectiveness testing were not material. We record pre-tax and after-tax (i) gains or losses reclassified from accumulated other comprehensive earnings / (losses) into earnings, (ii) gains or losses on ineffectiveness and (iii) gains or losses on amounts excluded from effectiveness testing in: • cost of sales for commodity contracts; • cost of sales for currency exchange contracts related to forecasted transactions; and • interest and other expense / (income) for interest rate contracts and currency exchange contracts related to intercompany loans. Based on current market conditions, we would expect to transfer unrealized losses of $28 million (net of taxes) for commodity cash flow hedges, unrealized gains of $10 million (net of taxes) for currency cash flow hedges and unrealized losses of $2 million (net of taxes) for interest rate cash flow hedges to earnings during the next 12 months. Hedge Coverage: As of September 30, 2015, we hedged transactions forecasted to impact cash flows over the following periods: • commodity transactions for periods not exceeding the next 15 months; • interest rate transactions for periods not exceeding the next 30 years and 5 months; and • currency exchange transactions for periods not exceeding the next 15 months. Fair Value Hedges: Pre-tax gains / (losses) due to changes in fair value of our interest rate swaps and related hedged long-term debt were recorded in interest and other expense / (income): For the Three Months Ended For the Nine Months Ended 2015 2014 2015 2014 (in millions) Derivatives $ 4 $ (13 ) $ 8 $ 1 Borrowings (4 ) 13 (8 ) (1 ) Fair value hedge ineffectiveness and amounts excluded from effectiveness testing were not material for all periods presented. Economic Hedges: Pre-tax gains / (losses) recorded in net earnings for economic hedges were: For the Three Months Ended For the Nine Months Ended September 30, Location of Gain / (Loss) Recognized in Earnings 2015 2014 2015 2014 (in millions) Currency exchange contracts: Intercompany loans and forecasted interest payments $ 8 $ 4 $ 22 $ 5 Interest and other expense / (income) Forecasted transactions 43 29 33 (11 ) Cost of sales Forecasted transactions 36 419 437 405 Interest and other expense / (income) Forecasted transactions 5 (4 ) (11 ) (7 ) Selling, general and administrative expenses Interest rate contracts – (1 ) – – Interest and other expense / (income) Commodity contracts (99 ) (36 ) (158 ) (4 ) Cost of sales Total $ (7 ) $ 411 $ 323 $ 388 In connection with the coffee business transactions, we entered into euro to U.S. dollar currency exchange forward contracts to hedge an expected cash receipt of approximately € € Divestitures and Acquisitions — Coffee Business Transactions Hedges of Net Investments in International Operations: After-tax gains / (losses) related to hedges of net investments in international operations in the form of euro, pound sterling and Swiss franc-denominated debt were: For the Three Months Ended For the Nine Months Ended Location of Gain / (Loss) Recognized in AOCI 2015 2014 2015 2014 (in millions) Euro notes $ (8 ) $ 219 $ 188 $ 219 Currency Pound sterling notes 30 37 17 14 Translation Swiss franc notes 18 – (13 ) – Adjustment

Benefit Plans

Benefit Plans	9 Months Ended
	Sep. 30, 2015
Benefit Plans	Note 9. Benefit Plans Pension Plans Prior to the July 2, 2015 closing of the coffee business transactions, certain active employees who transitioned to JDE participated in our Non-U.S. pension plans. Following the transactions, benefits began to be provided directly by JDE to participants continuing with JDE. JDE assumed certain pension plan obligations and received the related plan assets. As of July 2, 2015, we reduced our net benefit plan liabilities by $146 million and the related deferred tax assets by $25 million. Refer to Note 2, Divestitures and Acquisitions – Coffee Business Transactions 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 September 30, For the Three Months Ended September 30, 2015 2014 2015 2014 (in millions) Service cost $ 16 $ 14 $ 44 $ 47 Interest cost 16 16 77 99 Expected return on (23 ) (21 ) (120 ) (123 ) Amortization: Net loss from experience differences 11 7 33 26 Prior service cost (1) – – – – Settlement losses (2) 2 14 – (5 ) Net periodic pension cost $ 22 $ 30 $ 34 $ 44 U.S. Plans Non-U.S. Plans For the Nine Months Ended September 30, For the Nine Months Ended September 30, 2015 2014 2015 2014 (in millions) Service cost $ 48 $ 42 $ 145 $ 136 Interest cost 50 49 231 296 Expected return on (70 ) (61 ) (358 ) (371 ) Amortization: Net loss from experience differences 33 22 110 80 Prior service cost (1) 1 1 16 1 Settlement losses (2) 15 20 – 5 Net periodic pension cost $ 77 $ 73 $ 144 $ 147 (1) For the nine months ended September 30, 2015, amortization of prior service cost includes $17 million of pension curtailment losses related to employees who transitioned to JDE upon the contribution of our global coffee business. Refer to Note 2, Divestitures and Acquisitions – Coffee Business Transactions (2) Settlement losses include $1 million for the three months and $7 million for the nine months ended September 30, 2015 of pension settlement losses for employees who elected lump-sum payments in connection with our 2014-2018 Restructuring Program. See Note 6, Restructuring Programs , Divestitures and Acquisitions – Coffee Business Transactions Employer Contributions: We make contributions to our U.S. and non-U.S. pension plans primarily to the extent that they are tax deductible and do not generate an excise tax liability. During the nine months ended September 30, 2015, we contributed $211 million to our U.S. plans and $212 million to our non-U.S. plans. Based on current tax law, we plan to make further contributions of approximately $3 million to our U.S. plans and approximately $114 million to our non-U.S. plans during the remainder of 2015. However, our actual contributions may differ due to many factors, including changes in tax and other benefit laws or significant differences between expected and actual pension asset performance or interest rates. Postretirement Benefit Plans Net postretirement health care costs consisted of the following: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Service cost $ 4 $ 4 $ 11 $ 10 Interest cost 5 5 17 16 Amortization: Net loss from experience differences 3 1 10 4 Prior service credit (1 ) (3 ) (5 ) (8 ) Net postretirement health care costs $ 11 $ 7 $ 33 $ 22 Postemployment Benefit Plans Net postemployment costs consisted of the following: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Service cost $ 2 $ 2 $ 5 $ 6 Interest cost 1 2 4 5 Net postemployment costs $ 3 $ 4 $ 9 $ 11

Stock Plans

Stock Plans	9 Months Ended
	Sep. 30, 2015
Stock Plans	Note 10. Stock Plans Stock Options: Stock option activity consisted of the following: Shares Subject Weighted-Average Exercise or Grant Price Per Share Aggregate Balance at January 1, 2015 56,431,551 $ 24.19 $ 685 million Annual grants to eligible employees 8,899,530 36.94 Additional options granted 880,500 35.70 Total options granted 9,780,030 36.83 Options exercised (5,573,601 ) 23.03 $ 88 million Options cancelled (2,435,433 ) 32.21 Balance at September 30, 2015 58,202,547 26.09 $ 233 million Restricted Stock, Deferred Stock Units and Performance Share Units: Restricted stock, deferred stock unit and performance share unit activity consisted of the following: Number of Grant Date Weighted-Average Per Share Weighted-Average Fair Value Balance at January 1, 2015 10,582,640 $ 28.56 Annual grants to eligible employees: Performance share units 1,598,290 Feb. 18, 2015 36.94 Restricted stock 386,910 Feb. 18, 2015 36.94 Deferred stock units 866,640 Feb. 18, 2015 36.94 Additional shares granted (1) 845,809 Various 37.44 Total shares granted 3,697,649 37.05 $ 137 million Vested (3,442,710 ) 37.18 $ 128 million Forfeited (1,160,533 ) 32.17 Balance at September 30, 2015 9,677,046 28.31 (1) Includes performance share units, restricted stock and deferred stock units. Share Repurchase Program: During 2013, our Board of Directors authorized the repurchase of $7.7 billion of our Common Stock through December 31, 2016. On July 29, 2015, our Finance Committee, with authorization delegated from our Board of Directors, approved an increase of $6.0 billion in the share repurchase plan, raising the authorization to $13.7 billion of Common Stock repurchases, and extended the program through December 31, 2018. Repurchases under the program are determined by management and are wholly discretionary. During the nine months ended September 30, 2015, we repurchased 79.7 million shares of Common Stock at an average cost of $38.69 per share, or an aggregate cost of $3.1 billion, of which $3.0 billion was paid during the period. All share repurchases were funded through available cash and commercial paper issuances. Through September 30, 2015, we have repurchased $7.7 billion of shares ($3.1 billion in the first nine months of 2015, $1.9 billion in 2014 and $2.7 billion in 2013) and we have $6.0 billion in remaining share repurchase capacity.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies	Note 11. 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. A compliant and ethical corporate culture, which includes adhering to laws and industry regulations in all jurisdictions in which we do business, is integral to our success. Accordingly, after we acquired Cadbury in February 2010, we began reviewing and adjusting, as needed, Cadbury’s operations in light of applicable standards as well as our policies and practices. We initially focused on such high priority areas as food safety, the Foreign Corrupt Practices Act (“FCPA”) and antitrust. Based upon Cadbury’s pre-acquisition policies and compliance programs and our post-acquisition reviews, our preliminary findings indicated that Cadbury’s overall state of compliance was sound. Nonetheless, through our reviews, we determined that in certain jurisdictions, including India, there appeared to be facts and circumstances warranting further investigation. We are continuing our investigations in certain jurisdictions, including in India, and we continue to cooperate with governmental authorities. As we previously disclosed, on February 1, 2011, we received a subpoena from the SEC in connection with an investigation under the FCPA, primarily related to a facility in India that we acquired in the Cadbury acquisition. The subpoena primarily requests information regarding dealings with Indian governmental agencies and officials to obtain approvals related to the operation of that facility. We are continuing to cooperate with the U.S. and Indian governments in their investigations of these matters, including through ongoing meetings with the U.S. government to discuss potential conclusion of the U.S. government investigation. 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 (approximately $57 million U.S. dollars as of September 30, 2015) 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 issued an order denying the excise exemption that we claimed for the Indian facility and confirming the Excise Authority’s demands for total taxes and penalties in the amount of 5.8 billion Indian rupees (approximately $89 million U.S. dollars as of September 30, 2015). We have appealed this order. In addition, the Excise Authority issued another show cause notice, dated February 6, 2015, on the same issue but covering the period January to October 2014, thereby adding 1.0 billion Indian rupees (approximately $16 million U.S. dollars as of September 30, 2015) of unpaid excise taxes as well as penalties of up to 1.0 billion Indian rupees (approximately $16 million U.S. dollars as of September 30, 2015) and interest, to the amount claimed by the Excise Authority. 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. In April 2013, the staff of the U.S. Commodity Futures Trading Commission (“CFTC”) advised us and Kraft Foods Group that it was investigating activities related to the trading of December 2011 wheat futures contracts that occurred prior to the Spin-Off of Kraft Foods Group. We cooperated with the staff in its investigation. On April 1, 2015, the CFTC filed a complaint against Kraft Foods Group and Mondelēz Global LLC (“Mondelēz Global”) in the U.S. District Court for the Northern District of Illinois, Eastern Division (the “CFTC action”). 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. On June 1, 2015, Mondelēz Global and Kraft Foods Group filed a motion to dismiss the CFTC’s claims of market manipulation and attempted manipulation. 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 seek class action certification; an unspecified amount for damages, interest and unjust enrichment; costs and fees; and injunctive, declaratory, and other unspecified relief. On June 4, 2015, these suits were consolidated in the Northern District of Illinois. 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 predominantly bear any monetary penalties or other payments in connection with the CFTC action. While we cannot predict with certainty the results of any Legal Matters in which we are currently involved, we do not expect that the ultimate costs to resolve any of these Legal Matters, individually or in the aggregate, will have a material effect on our financial results. Third-Party Guarantees: We enter into third-party guarantees primarily to cover the long-term obligations of our vendors. As part of these transactions, we guarantee that third parties will make contractual payments or achieve performance measures. At September 30, 2015, we had no material third-party guarantees recorded on our consolidated balance sheet.

Reclassifications from Accumula

Reclassifications from Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2015
Reclassifications from Accumulated Other Comprehensive Income	Note 12. Reclassifications from Accumulated Other Comprehensive Income The components of accumulated other comprehensive earnings / (losses) attributable to Mondelēz International were: Mondelēz International Shareholders’ Equity Currency Derivatives Translation Pension and Accounted for Adjustments Other Benefits as Hedges Total (in millions) Balances at January 1, 2014 $ (1,414 ) $ (1,592 ) $ 117 $ (2,889 ) Other comprehensive earnings / (losses), before reclassifications: Currency translation adjustment (1) (2,069 ) 90 – (1,979 ) Pension and other benefits – 16 – 16 Derivatives accounted for as hedges 383 – (78 ) 305 Losses / (gains) reclassified into – 125 (22 ) 103 Tax (expense) / benefit (150 ) (47 ) 57 (140 ) Total other comprehensive earnings / (losses) (1,695 ) Balances at September 30, 2014 $ (3,250 ) $ (1,408 ) $ 74 $ (4,584 ) Balances at January 1, 2015 $ (5,042 ) $ (2,274 ) $ (2 ) $ (7,318 ) Other comprehensive earnings / (losses), before reclassifications: Currency translation adjustment (1) (2,749 ) 97 – (2,652 ) Pension and other benefits – 99 – 99 Derivatives accounted for as hedges 303 – (103 ) 200 Losses / (gains) reclassified into – 229 27 256 Tax (expense) / benefit (111 ) (99 ) 16 (194 ) Total other comprehensive earnings / (losses) (2,291 ) Balances at September 30, 2015 $ (7,599 ) $ (1,948 ) $ (62 ) $ (9,609 ) (1) The condensed consolidated statement of other comprehensive earnings includes currency translation adjustment attributable to noncontrolling interests of $(22) million for the nine months ended September 30, 2015 and $(19) million for the nine months ended September 30, 2014. Amounts reclassified from accumulated other comprehensive earnings / (losses) and their locations in the condensed consolidated financial statements were as follows: For the Three Months Ended For the Nine Months Ended Location of Gain / (Loss) September 30, September 30, Recognized 2015 2014 2015 2014 in Net Earnings (in millions) Pension and other benefits: Reclassification of losses / (gains) into net earnings: Amortization of experience losses (1) $ 46 $ 31 $ 165 $ 100 Settlement losses (1) 51 9 64 25 Tax impact (28 ) (26 ) (64 ) (47 ) Provision for income taxes Derivatives accounted for as hedges: Reclassification of losses / (gains) into net earnings: Currency exchange contracts - forecasted transactions 13 (13 ) (79 ) (9 ) Cost of sales Commodity contracts 62 (5 ) 65 (16 ) Cost of sales Interest rate contracts – – 41 3 Interest and other expense / (income) Tax impact (10 ) 2 (20 ) 3 Provision for income taxes Total reclassifications into net earnings, net of tax $ 134 $ (2 ) $ 172 $ 59 (1) These items are included in the components of net periodic benefit costs disclosed in Note 9, Benefit Plans

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Taxes	Note 13. Income Taxes During 2015, as part of our ongoing remediation efforts related to the material weakness in internal controls over the accounting for income taxes, we recorded immaterial out-of-period adjustments of $5 million benefit for the three months and $6 million expense for the nine months ended September 30, 2015. During 2014, we recorded immaterial out-of-period adjustments of $20 million for the three months and $15 million for the nine months ended September 30, 2014. The out-of-period adjustments were not material to the consolidated financial statements for any prior period. Based on current tax laws, our 2015 estimated annual effective tax rate, excluding impacts from the third quarter gain on the disposition of our coffee business, is 23.1%, reflecting favorable impacts from the mix of pre-tax income in various non-U.S. tax jurisdictions. Our 2015 third quarter effective tax rate of 4.5% benefitted from the one-time third quarter sale of our coffee business that resulted in a pre-tax gain of $7,122 million and $197 million of related tax expense, as well as $21 million of tax costs incurred to remit proceeds up from lower-tier foreign subsidiaries to allow cash to be redeployed within our retained foreign operations. Other discrete one-time events, which partially offset the costs associated with the sale of our coffee business, of $40 million primarily related to favorable audit settlements and expirations of statutes of limitations in several jurisdictions. Our effective tax rate for the nine months ended September 30, 2015 of 6.5% was favorably impacted by the sale of our coffee business in the third quarter. Other significant discrete one-time events consisted of $54 million of tax charges related to the sale of our interest in AGF ($32 million in the first quarter upon the investment’s change to held-for-sale status and an additional $22 million upon the closing of the sale in the second quarter), and $75 million from favorable audit settlements and expirations of statutes of limitations in several jurisdictions. As of the third quarter of 2014, our estimated annual effective tax rate for 2014 was 21.2%, reflecting favorable impacts from the mix of pre-tax income in various non-U.S. tax jurisdictions, partially offset by the remeasurement of our Venezuelan net monetary assets. Our 2014 third quarter effective tax rate of 16.5% was favorably impacted by net tax benefits from $65 million of discrete one-time events. The discrete net tax benefits primarily related to $109 million from favorable tax audit settlements and expirations of statutes of limitations in several jurisdictions, partially offset by $20 million of out-of-period adjustments. Our effective tax rate for the nine months ended September 30, 2014 of 12.5% was favorably impacted by net tax benefits from $169 million of discrete one-time events. The discrete net tax benefits primarily related to favorable tax audit settlements and expirations of statutes of limitations in several jurisdictions.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share	Note 14. Earnings Per Share Basic and diluted earnings per share (“EPS”) were calculated using the following: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions, except share and per share data) Net earnings $ 7,268 $ 902 $ 8,007 $ 1,694 Noncontrolling interest 2 3 11 10 Net earnings attributable to $ 7,266 $ 899 $ 7,996 $ 1,684 Weighted-average shares for basic EPS 1,609 1,688 1,627 1,695 Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares 20 17 19 18 Weighted-average shares for diluted EPS 1,629 1,705 1,646 1,713 Basic earnings per share attributable to Mondelēz International $ 4.52 $ 0.53 $ 4.91 $ 0.99 Diluted earnings per share attributable to Mondelēz International $ 4.46 $ 0.53 $ 4.86 $ 0.98 We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded less than 1 million antidilutive stock options for the three months and 10.8 million antidilutive stock options for the nine months ended September 30, 2015 and we excluded 9.7 million antidilutive stock options for the three months and 8.1 million antidilutive stock options for the nine months ended September 30, 2014.

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2015
Segment Reporting	Note 15. 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. Our operations and management structure are organized into five reportable operating segments: • Latin America • Asia Pacific • EEMEA • Europe • North America 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 in our key markets. Historically, we have recorded income from equity method investments within our operating income as these investments operated as extensions of our base business. Beginning in the third quarter of 2015, to align with the accounting for our new coffee equity method investment in JDE, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of segment operating income. Earnings from equity method investments through July 2, 2015 recorded within segment operating income were $49 million in Asia Pacific, $3 million in EEMEA and $4 million in North America. For the three months ended September 30, 2014, these earnings were $19 million in Asia Pacific, $1 million in EEMEA and $3 million in North America. For the nine months ended September 30, 2014, these earnings were $73 million in Asia Pacific, $3 million in EEMEA and $7 million in North America. Also in 2015, we began to report stock-based compensation for our corporate employees, which was previously reported within our North America region, within general corporate expenses. We reclassified corporate stock-based compensation expense out of the North America segment of $7 million during the three months and $22 million during the nine months ended September 30, 2015. 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), amortization of intangibles, gains and losses on divestitures or acquisitions, gain on the coffee business transactions 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 interest and other expense / (income). 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 For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Net revenues: Latin America $ 1,233 $ 1,315 $ 3,730 $ 3,913 Asia Pacific 1,101 1,153 3,278 3,460 EEMEA 586 894 2,150 2,740 Europe 2,173 3,215 7,963 10,151 North America 1,756 1,760 5,151 5,150 Net revenues $ 6,849 $ 8,337 $ 22,272 $ 25,414 For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Earnings before income taxes: Operating income: Latin America $ 134 $ 120 $ 422 $ 304 Asia Pacific 71 65 321 364 EEMEA 52 93 184 303 Europe 298 368 885 1,294 North America 275 272 817 744 Unrealized gains / (losses) on (4 ) 39 75 (8 ) General corporate expenses (95 ) (56 ) (240 ) (191 ) Amortization of intangibles (45 ) (48 ) (137 ) (157 ) Gains on coffee business transactions and divestiture 7,122 – 7,135 – Acquisition-related costs (6 ) – (8 ) – Operating income 7,802 853 9,454 2,653 Interest and other (expense) / income (114 ) 227 (814 ) (717 ) Earnings before income taxes $ 7,688 $ 1,080 $ 8,640 $ 1,936 Items impacting our segment operating results are discussed in Note 1, Basis of Presentation, Divestitures and Acquisitions, Restructuring Programs Debt Financial Instruments, Total assets by segment were: As of September 30, As of December 31, 2015 2014 (in millions) Total assets (1) Latin America $ 5,654 $ 6,470 Asia Pacific (2) 8,057 8,068 EEMEA (2) 4,100 5,153 Europe (2) 21,993 24,568 North America 21,332 21,287 Equity method investments 4,895 662 Unallocated assets (3) 359 607 Total assets $ 66,390 $ 66,815 (1) Beginning in the third quarter of 2015, earnings from equity method investees are reported outside of segment operating income, as discussed above in this Note and Note 1, Basis of Presentation – Equity Method Investments, (2) On July 2, 2015, we deconsolidated our global coffee businesses, primarily from our Europe, EEMEA and Asia Pacific segments. See Note 2, Divestitures and Acquisitions – Coffee Business Transactions (3) Unallocated assets consist primarily of cash and cash equivalents, deferred income taxes, centrally held property, plant and equipment, prepaid pension assets and derivative financial instrument balances. Net revenues by product category were: For the Three Months Ended September 30, 2015 Latin Asia North America Pacific EEMEA Europe America Total (in millions) Biscuits $ 428 $ 356 $ 125 $ 592 $ 1,403 $ 2,904 Chocolate 184 370 232 1,086 64 1,936 Gum & Candy 262 171 134 177 289 1,033 Beverages (1) 178 76 45 43 – 342 Cheese & Grocery 181 128 50 275 – 634 Total net revenues $ 1,233 $ 1,101 $ 586 $ 2,173 $ 1,756 $ 6,849 For the Three Months Ended September 30, 2014 (2) Latin Asia North America Pacific EEMEA Europe America Total (in millions) Biscuits $ 338 $ 294 $ 165 $ 712 $ 1,382 $ 2,891 Chocolate 253 408 287 1,214 76 2,238 Gum & Candy 314 191 152 216 302 1,175 Beverages (1) 232 100 227 723 – 1,282 Cheese & Grocery 178 160 63 350 – 751 Total net revenues $ 1,315 $ 1,153 $ 894 $ 3,215 $ 1,760 $ 8,337 For the Nine Months Ended September 30, 2015 Latin Asia North America Pacific EEMEA Europe America Total (in millions) Biscuits $ 1,144 $ 940 $ 396 $ 1,828 $ 4,161 $ 8,469 Chocolate 680 1,074 627 3,204 161 5,746 Gum & Candy 852 550 418 558 829 3,207 Beverages (1) 570 324 502 1,493 – 2,889 Cheese & Grocery 484 390 207 880 – 1,961 Total net revenues $ 3,730 $ 3,278 $ 2,150 $ 7,963 $ 5,151 $ 22,272 For the Nine Months Ended September 30, 2014 (2) Latin Asia North America Pacific EEMEA Europe America Total (in millions) Biscuits $ 998 $ 898 $ 483 $ 2,228 $ 4,121 $ 8,728 Chocolate 833 1,155 751 3,804 189 6,732 Gum & Candy 893 585 499 677 840 3,494 Beverages (1) 684 359 782 2,348 – 4,173 Cheese & Grocery 505 463 225 1,094 – 2,287 Total net revenues $ 3,913 $ 3,460 $ 2,740 $ 10,151 $ 5,150 $ 25,414 (1) On July 2, 2015, we contributed our global coffee businesses primarily from our Europe, EEMEA and Asia Pacific segment beverage categories. The year-over-year decrease in beverages primarily reflects the coffee business transactions and unfavorable currency on our remaining beverage business. The impact of deconsolidating our coffee businesses on July 2, 2015 was $670 million in Europe, $169 million in EEMEA and $16 million in Asia Pacific on a year-over-year third quarter and constant currency basis. The impact of deconsolidating our coffee businesses on July 2, 2015 was $824 million in Europe, $250 million in EEMEA, $10 million in Asia Pacific and $2 million in Latin America on a year-over-year nine month period and constant currency basis. Refer to Note 2, Divestitures and Acquisitions – Coffee Business Transactions (2) During 2014, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2015 presentation.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2015
Basis of Presentation	The condensed consolidated financial statements include Mondelēz International, Inc. as well as our wholly owned and majority owned subsidiaries. Our interim condensed consolidated financial statements are unaudited. Certain information and footnote disclosures normally included in 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 financial position and operating results. Net revenues and net earnings for any interim period are not necessarily indicative of future or annual results. We derived the condensed consolidated balance sheet data as of December 31, 2014 from audited financial statements, but we do not include all disclosures required by U.S. GAAP. You should read these statements in conjunction with our consolidated financial statements and related notes in our Annual Report on Form 10-K
Equity Method Investments	Equity Method Investments: We account for investments in which we exercise significant influence (20%-50% ownership interest) under the equity method of accounting. On July 2, 2015, we contributed our global coffee businesses to a new company, Jacobs Douwe Egberts (“JDE”), in which we now hold a 43.5% equity interest (collectively, the “coffee business transactions”). Historically, our coffee businesses and the income from primarily coffee-related and smaller equity method investments were recorded within our operating income as these businesses operated as direct extensions of our base business. Following the coffee business transactions, while we retain an ongoing interest in coffee through significant equity method investments, and we have significant influence with JDE and other equity method investments, we do not have control over these operations directly. As such, beginning in the third quarter, we began to recognize the investment earnings in after-tax equity method investment earnings outside of operating income and segment income. For periods prior to the July 2, 2015 closing, the coffee and other equity method investment earnings were included within our operating income and segment income. Please see Note 2, Divestitures and Acquisitions – Coffee Business Transactions Segment Reporting
Accounting Calendar Change	Accounting Calendar Change: In connection with moving toward a common consolidation date across the Company, in the first quarter of 2015, we changed the consolidation date for our North America segment from the last Saturday of each period to the last calendar day of each period. The change had a favorable impact of $19 million on net revenues and $8 million on operating income in the three months and $58 million on net revenues and $27 million on operating income in the nine months ended September 30, 2015. As a result of this change, each of our operating subsidiaries now reports results as of the last calendar day of the period. We believe the change will improve business planning and financial reporting by better matching the close dates of the operating subsidiaries and bringing the reporting dates to the period-end date. As the effect to prior-period results was not material, we have not revised prior-period results.
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 such as in Venezuela) and realized exchange gains and losses on transactions in earnings. Venezuela. On February 8, 2013, the Venezuelan government announced the devaluation of the official Venezuelan bolivar exchange rate from 4.30 bolivars to 6.30 bolivars to the U.S. dollar. The official rate of 6.30 is the rate applied to import food and other essential items, and we purchase a material portion of our imported raw materials using U.S. dollars secured at this rate. On January 24, 2014, the Venezuelan government announced the expansion of a new auction-based currency transaction program, which became known as SICAD I, and new profit margin controls. The application of the SICAD I rate was extended to include foreign investments and significant operating activities, including contracts for leasing and services, use and exploitation of patents and trademarks, payments of royalties and contracts for technology import and technical assistance. On March 24, 2014, the Venezuelan government launched a new market-based currency exchange market, SICAD II, and at that time indicated that it may be used voluntarily to exchange bolivars into U.S. dollars. As of March 31, 2014, we began to apply the SICAD I exchange rate to remeasure our bolivar-denominated net monetary assets, and we began translating our Venezuelan operating results at the SICAD I rate in the second quarter of 2014. On March 31, 2014, we recognized a $142 million currency remeasurement loss within selling, general and administrative expenses of our Latin America segment as a result of revaluing our bolivar-denominated net monetary assets from the official exchange rate of 6.30 bolivars to the U.S. dollar to the then-prevailing SICAD I exchange rate of 10.70 bolivars to the U.S. dollar. Through September 30, 2014, we recognized $19 million of additional remeasurement charges related primarily to changes in the SICAD I rate. On February 10, 2015, the Venezuelan government combined the SICAD I and SICAD II (“SICAD”) exchange rate mechanisms and in addition created a new market-based SIMADI rate, while retaining the 6.30 official rate for food and other essentials. The Venezuelan government also announced an opening SICAD auction rate of 12.00 bolivars to the U.S. dollar, which as of September 30, 2015 is the prevailing SICAD rate until our specific industry group auctions make U.S. dollars available at another offered SICAD rate. The SIMADI rate was designed as a free market exchange rate that makes U.S. dollars available for any transactions based on the available supply of U.S. dollars at the offered rate. As of September 30, 2015, the SIMADI exchange rate was 199.42 bolivars to the U.S. dollar. Our Venezuelan operations produce a range of biscuit, cheese & grocery, confectionery and beverage products. Based on the currency exchange developments this year, we reviewed our domestic and international sourcing of goods and services and the exchange rates we believe will be applicable. The large majority of imports continue to be sourced at the 6.30 official rate. Availability of U.S. dollars at the SICAD rate has been limited, and while we were able to secure U.S. dollars at the SICAD rate in the first six months of the year, we were not able to secure any U.S. dollars at this rate during the third quarter. Availability of U.S. dollars at the SIMADI rate has also been limited and to date we have not sourced U.S. dollars at this rate. Based on our current sourcing of goods and services, we believe the SICAD rate continues to be the most economically representative rate for us to use to value our net monetary assets and translate our operating results in Venezuela. In light of the ongoing difficult macroeconomic environment in Venezuela, we continue to monitor and actively manage our investment and exposures in Venezuela. We plan to continue to do business in the country as long as we can successfully operate our business there. We strive to locally source and produce a significant amount of the products we sell in Venezuela. We have taken other protective measures against currency devaluation, such as converting monetary assets into non-monetary assets that we can use in our business. However, suitable protective measures have become less available and more expensive and may not offset further currency devaluation that could occur. We will also continue to monitor liquidity and availability of U.S. dollars at different rates as this situation may change in the future. In the first quarter of 2015, we recognized an $11 million remeasurement loss, reflecting an increase in the SICAD exchange rate from 11.50 to 12.00 bolivars to the U.S. dollar. The following table sets forth net revenues for our Venezuelan operations for the three and nine months ended September 30, 2015 (measured at the SICAD rate), and cash, net monetary assets and net assets of our Venezuelan subsidiaries as of September 30, 2015 (translated at a SICAD rate of 12.00 bolivars to the U.S. dollar): Venezuela operations Three Months Ended September 30, 2015 Net revenues $315 million or 4.6% of consolidated net revenues Nine Months Ended September 30, 2015 Net revenues $834 million or 3.7% of consolidated net revenues As of September 30, 2015 Cash $401 million Net monetary assets $352 million Net assets $617 million Unlike the official rate that is fixed at 6.30 bolivars to the U.S. dollar, the SICAD rate can vary over time. If any of the three-tier currency exchange rates, or the application of the rates to our business, were to change, we would recognize additional currency losses or gains, which could be significant. Argentina. Russia. Other Countries.
New Accounting Pronouncements	New Accounting Pronouncements: In September 2015, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“ASU”) that eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. Under the new guidance, measurement-period adjustments should be accounted for during the period in which the entity determines the amount of the adjustment. The ASU is effective for fiscal years beginning after December 15, 2015, with early adoption permitted, and should be applied prospectively to open measurement periods after the effective date, regardless of the acquisition date. We plan to early adopt and to apply the standard in our accounting for the acquisitions that we closed this quarter. See Note 2, Divestitures and Acquisitions In July 2015, the FASB issued an ASU that simplifies the guidance on the subsequent measurement of inventory. U.S. GAAP currently requires an entity to measure inventory at the lower of cost or market. Previously, market could be replacement cost, net realizable value or net realizable value less an approximate normal profit margin. Under the new standard, inventory should be valued at the lower of cost or net realizable value. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. We are currently assessing the impact of the ASU across our operations and on our consolidated financial statements. In May 2015, the FASB issued an ASU that applies to reporting entities that elect to measure the fair value of an investment using the net asset value (“NAV”) per share (or its equivalent) practical expedient. This ASU removes the requirement to include investments measured using the practical expedient within fair value hierarchy disclosures. Also, practical expedient disclosures previously required for all eligible investments are now only required for investments for which the practical expedient has been elected. The update is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. As we measure certain defined benefit plan assets using the NAV practical expedient, we plan to adopt the new standard on or by the January 1, 2016 effective date. The new standard will impact our disclosures as discussed above but is not otherwise expected to have an impact on our consolidated financial statements. In April 2015, the FASB issued an ASU that provides guidance on evaluating whether a cloud computing arrangement includes a software license. If there is a software license component, software licensing accounting should be applied; otherwise, service contract accounting should be applied. The ASU is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. We are currently assessing the impact on our consolidated financial statements. In April 2015, the FASB issued an ASU that simplifies the presentation of debt issuance costs. The standard requires debt issuance costs related to a recognized debt obligation to be presented in the balance sheet as a direct deduction from the carrying amount of the related debt instead of being presented as an asset, similar to the presentation of debt discounts. In August 2015, the FASB issued an update clarifying that for line-of-credit arrangements, entities may continue to defer debt issuance costs as an asset. The ASU represents a change in accounting principle and requires retrospective application. The ASU is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. We plan to adopt the new standard as of December 31, 2015. In February 2015, the FASB issued an ASU that amends current consolidation guidance related to the evaluation of whether certain legal entities should be consolidated. The standard modifies both the variable interest entity (“VIE”) model and the voting interest model, including analyses of whether limited partnerships are VIEs and the impact of service fees and related party interests in determining if an entity is a VIE to the reporting entity. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. We plan to adopt the new standard on January 1, 2016 and are currently assessing the impact across our operations and on our consolidated financial statements. In May 2014, the FASB issued an ASU on revenue recognition from contracts with customers. The new ASU outlines a new, single comprehensive model for companies to use in accounting for revenue. The core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to a customer in an amount that reflects the consideration the entity expects to be entitled to receive in exchange for the goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows from customer contracts, including significant judgments made in recognizing revenue. In May 2015, the FASB proposed changes to the new guidance in the areas of licenses and identifying performance obligations. In August 2015, the FASB issued an ASU that defers the effective date by one year to annual reporting periods beginning after December 15, 2017. Early adoption is permitted as of the original effective date which was for annual reporting periods beginning after December 15, 2016. The ASU may be applied retrospectively to historical periods presented or as a cumulative-effect adjustment as of the date of adoption. We continue to assess the impact of the new standard across our operations and on our consolidated financial statements.
Reclassifications	Reclassificati Certain amounts previously reported have been reclassified to conform to current-year presentation. We reclassified equity method investments on the condensed consolidated balance sheets to conform with the current-year presentation. We also reclassified cash flows related to our historical equity method investees on the condensed consolidated statements of cash flows. Refer to the Equity Method Investments

Basis of Presentation (Tables)

Basis of Presentation (Tables)	9 Months Ended
	Sep. 30, 2015
Net Revenues, Cash, Net Monetary and Net Assets of Company's Venezuelan Subsidiaries	The following table sets forth net revenues for our Venezuelan operations for the three and nine months ended September 30, 2015 (measured at the SICAD rate), and cash, net monetary assets and net assets of our Venezuelan subsidiaries as of September 30, 2015 (translated at a SICAD rate of 12.00 bolivars to the U.S. dollar): Venezuela operations Three Months Ended September 30, 2015 Net revenues $315 million or 4.6% of consolidated net revenues Nine Months Ended September 30, 2015 Net revenues $834 million or 3.7% of consolidated net revenues As of September 30, 2015 Cash $401 million Net monetary assets $352 million Net assets $617 million

Divestitures and Acquisitions (

Divestitures and Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2015
Pre-tax Earnings and Major Classes of Assets and Liabilities	Our coffee business results are reflected in our consolidated financial statements for all periods prior to the July 2, 2015 closing date. The pre-tax earnings of the coffee businesses were: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Earnings before income taxes $ – $ 184 $ 342 $ 494 On July 2, 2015, we deconsolidated the following assets and liabilities: As of July 2, 2015 (in millions) Assets Cash and cash equivalents $ 488 Trade receivables 468 Other receivables 24 Inventories, net 469 Deferred income taxes 6 Other current assets 44 Current assets 1,499 Property, plant and equipment, net 751 Goodwill 1,664 Intangible assets, net – Other assets 35 Noncurrent assets 2,450 Total assets $ 3,949 Liabilities Accounts payable $ 438 Accrued marketing 290 Accrued employment costs 29 Other current liabilities 63 Current liabilities 820 Deferred income taxes 63 Accrued pension costs 146 Other liabilities 4 Noncurrent liabilities 213 Total liabilities $ 1,033 Net assets deconsolidated $ 2,916

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2015
Components of Inventories	Inventories consisted of the following: As of September 30, As of December 31, 2015 2014 (in millions) Raw materials $ 967 $ 1,122 Finished product 2,062 2,358 Inventories, net $ 3,029 $ 3,480

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	9 Months Ended
	Sep. 30, 2015
Components of Property, Plant and Equipment	Property, plant and equipment consisted of the following: As of September 30, As of December 31, 2015 2014 (in millions) Land and land improvements $ 502 $ 574 Buildings and building improvements 2,731 3,117 Machinery and equipment 9,983 11,737 Construction in progress 1,572 1,484 14,788 16,912 Accumulated depreciation (6,224 ) (7,085 ) Property, plant and equipment, net $ 8,564 $ 9,827
Property Plant and Equipment | Asset impairment and exist costs
Schedule of Restructuring and Implementation Costs	These charges were recorded in the consolidated statements of earnings within asset impairment and exit costs as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Latin America $ 6 $ – $ 40 $ – Asia Pacific 18 18 46 18 EEMEA 2 4 4 5 Europe 14 13 51 14 North America 16 13 50 37 Total non-cash asset write-downs $ 56 $ 48 $ 191 $ 74
2014-2018 Restructuring Program
Schedule of Restructuring and Implementation Costs	During 2015 and 2014, we recorded restructuring and implementation costs related to the 2014-2018 Restructuring Program within operating income as follows: Latin Asia EEMEA Europe North Corporate (1) Total (in millions) For the Three Months Ended Restructuring Costs $ 30 $ 33 $ 7 $ 35 $ 39 $ 2 $ 146 Implementation Costs 6 3 1 19 19 27 75 Total $ 36 $ 36 $ 8 $ 54 $ 58 $ 29 $ 221 For the Nine Months Ended Restructuring Costs $ 79 $ 78 $ 21 $ 190 $ 70 $ 4 $ 442 Implementation Costs 27 12 7 47 40 52 185 Total $ 106 $ 90 $ 28 $ 237 $ 110 $ 56 $ 627 For the Three Months Ended Restructuring Costs $ 25 $ – $ – $ – $ – $ – $ 25 Implementation Costs 7 4 3 14 1 13 42 Total $ 32 $ 4 $ 3 $ 14 $ 1 $ 13 $ 67 For the Nine Months Ended Restructuring Costs $ 26 $ – $ – $ – $ – $ – $ 26 Implementation Costs 8 4 3 14 1 21 51 Total $ 34 $ 4 $ 3 $ 14 $ 1 $ 21 $ 77 Total Project 2014-2015 (2) Restructuring Costs $ 158 $ 94 $ 40 $ 283 $ 124 $ 18 $ 717 Implementation Costs 45 21 11 82 48 84 291 Total $ 203 $ 115 $ 51 $ 365 $ 172 $ 102 $ 1,008 (1) Includes adjustment for rounding. (2) Includes all charges recorded since program inception on May 6, 2014 through September 30, 2015.
2012-2014 Restructuring Program
Schedule of Restructuring and Implementation Costs	During the three and nine months ended September 30, 2014 and since inception of the 2012-2014 Restructuring Program, we recorded restructuring and implementation costs within operating income as follows: Latin Asia EEMEA Europe North Corporate (1) Total (in millions) For the Three Months Ended Restructuring Costs $ 3 $ 27 $ 14 $ 85 $ 34 $ – $ 163 Implementation Costs – 1 – 14 7 1 23 Total $ 3 $ 28 $ 14 $ 99 $ 41 $ 1 $ 186 For the Nine Months Ended Restructuring Costs $ 7 $ 28 $ 26 $ 128 $ 70 $ – $ 259 Implementation Costs 1 1 2 42 20 – 66 Total $ 8 $ 29 $ 28 $ 170 $ 90 $ – $ 325 Total Project 2012-2014 (2) Restructuring Costs $ 36 $ 36 $ 69 $ 249 $ 337 $ 2 $ 729 Implementation Costs 3 6 4 88 65 4 170 Total $ 39 $ 42 $ 73 $ 337 $ 402 $ 6 $ 899 (1) Includes adjustment for rounding. (2) Includes all charges recorded since program inception in 2012 through conclusion on December 31, 2014.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2015
Schedule of Goodwill by Reportable Segment	Goodwill by reportable segment was: As of As of 2015 2014 (in millions) Latin America $ 865 $ 1,127 Asia Pacific 2,517 2,395 EEMEA 1,373 1,942 Europe 7,316 8,952 North America 8,892 8,973 Goodwill $ 20,963 $ 23,389
Intangible Assets Disclosure	Intangible assets consisted of the following: As of As of 2015 2014 (in millions) Non-amortizable intangible assets $ 17,812 $ 18,810 Amortizable intangible assets 2,351 2,525 20,163 21,335 Accumulated amortization (1,048 ) (1,000 ) Intangible assets, net $ 19,115 $ 20,335
Changes in Goodwill and Intangible Assets	Changes in goodwill and intangible assets consisted of: Intangible Goodwill Assets, at Cost (in millions) Balance at January 1, 2015 $ 23,389 $ 21,335 Changes due to: Currency (1,196 ) (1,229 ) Deconsolidation and divestiture (1,729 ) – Acquisitions 500 58 Other (1 ) (1 ) Balance at September 30, 2015 $ 20,963 $ 20,163 Changes to goodwill and intangibles were: • Deconsolidation and divestiture – On July 2, 2015, we deconsolidated $1,664 million of goodwill and less than $1 million of intangible assets in connection with the coffee business transactions. On April 23, 2015, we completed the divestiture of our 50 percent interest in AGF, which resulted in divesting $65 million of goodwill. • Acquisitions – On July 15, 2015, we acquired an 80% interest in a biscuit operation in Vietnam and recorded a preliminary allocation of $480 million of goodwill as we complete the final valuation work for the acquisition. On February 16, 2015, we acquired Enjoy Life Foods and recorded $20 million of goodwill and $58 million in identifiable intangible assets.

Restructuring Programs (Tables)

Restructuring Programs (Tables)	9 Months Ended
	Sep. 30, 2015
2014-2018 Restructuring Program
Schedule of Restructuring Costs	The activity for the 2014-2018 Restructuring Program liability for the nine months ended September 30, 2015 was: Severance Asset Write-downs Total (in millions) Liability balance, January 1, 2015 $ 224 $ – $ 224 Charges 252 190 442 Cash spent (156 ) – (156 ) Non-cash settlements / adjustments (6 ) (190 ) (196 ) Currency (15 ) – (15 ) Liability balance, September 30, 2015 $ 299 $ – $ 299
2012-2014 Restructuring Program
Schedule of Restructuring Costs	The activity for the 2012-2014 Restructuring Program liability for the nine months ended September 30, 2015 was: Severance Asset Write-downs Total (in millions) Liability balance, January 1, 2015 $ 128 $ – $ 128 Charges (3 ) – (3 ) Cash spent (57 ) – (57 ) Non-cash settlements / adjustments – – – Currency (6 ) – (6 ) Liability balance, September 30, 2015 $ 62 $ – $ 62

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2015
Short-Term Borrowings and Related Weighted-Average Interest Rates	Our short-term borrowings and related weighted-average interest rates consisted of: As of September 30, 2015 As of December 31, 2014 Amount Weighted- Amount Weighted- (in millions) (in millions) Commercial paper $ 1,279 0.5% $ 1,101 0.4% Bank loans 292 9.0% 204 8.8% Total short-term borrowings $ 1,571 $ 1,305
Interest and Other Expense (Income) Within Results of Continuing Operations	Interest and other expense / (income) within our results of continuing operations consisted of: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Interest expense, debt $ 139 $ 188 $ 461 $ 582 Loss on debt extinguishment and – – 713 495 Coffee business transactions (29 ) (420 ) (436 ) (413 ) Loss related to interest rate swaps – – 34 – Other expense, net 4 5 42 53 Interest and other expense / (income) $ 114 $ (227 ) $ 814 $ 717

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value of Derivatives Instruments	Derivative instruments were recorded at fair value in the consolidated balance sheets as follows: As of September 30, 2015 As of December 31, 2014 Asset Liability Asset Liability Derivatives Derivatives Derivatives Derivatives (in millions) Derivatives designated as Currency exchange contracts $ 23 $ 4 $ 69 $ 17 Commodity contracts 12 25 12 33 Interest rate contracts 22 69 13 42 $ 57 $ 98 $ 94 $ 92 Derivatives not designated as Currency exchange contracts $ 61 $ 23 $ 735 $ 24 Commodity contracts 80 98 90 194 Interest rate contracts 44 29 59 39 $ 185 $ 150 $ 884 $ 257 Total fair value $ 242 $ 248 $ 978 $ 349
Notional Values of Derivative Instruments	The net notional values of our derivative instruments were: Notional Amount As of September 30, As of December 31, 2015 2014 (in millions) Currency exchange contracts: Intercompany loans and forecasted interest payments $ 3,657 $ 3,640 Forecasted transactions 1,660 6,681 Commodity contracts 617 1,569 Interest rate contracts 3,051 3,970 Net investment hedge – euro notes 4,471 3,932 Net investment hedge – pound sterling notes 1,210 545 Net investment hedge – Swiss franc notes 694 –
Hedges of Net Investments in International Operations	After-tax gains / (losses) related to hedges of net investments in international operations in the form of euro, pound sterling and Swiss franc-denominated debt were: For the Three Months Ended For the Nine Months Ended Location of Gain / (Loss) Recognized in AOCI 2015 2014 2015 2014 (in millions) Euro notes $ (8 ) $ 219 $ 188 $ 219 Currency Pound sterling notes 30 37 17 14 Translation Swiss franc notes 18 – (13 ) – Adjustment
Derivative
Schedule of Derivative Instruments Fair Value and Measurement Inputs	The fair values (asset / (liability)) of our derivative instruments were determined using: As of September 30, 2015 Total Fair Value of Net Asset / (Liability) Quoted Prices in (Level 1) Significant Inputs (Level 2) Significant Inputs (Level 3) (in millions) Currency exchange contracts $ 57 $ – $ 57 $ – Commodity contracts (31 ) (7 ) (24 ) – Interest rate contracts (32 ) – (32 ) – Total derivatives $ (6 ) $ (7 ) $ 1 $ – As of December 31, 2014 Total Fair Value of Net Asset / (Liability) Quoted Prices in (Level 1) Significant Significant (Level 3) (in millions) Currency exchange contracts $ 763 $ – $ 763 $ – Commodity contracts (125 ) (49 ) (76 ) – Interest rate contracts (9 ) – (9 ) – Total derivatives $ 629 $ (49 ) $ 678 $ –
Cash Flow Hedges
Schedule of Cash Flow Hedges Effect on Accumulated Other Comprehensive Income, Net of Taxes	Cash flow hedge activity, net of taxes, within accumulated other comprehensive earnings / (losses) included: For the Three Months Ended September 30, For the Nine Months Ended September 30, 2015 2014 2015 2014 (in millions) Accumulated gain / (loss) at beginning of period $ (53 ) $ 44 $ (2 ) $ 117 Transfer of realized losses / (gains) in fair value 60 (17 ) 6 (20 ) Unrealized gain / (loss) in fair value (69 ) 47 (66 ) (23 ) Accumulated gain / (loss) at end of period $ (62 ) $ 74 $ (62 ) $ 74
Schedule of Effects of Derivative Instruments	After-tax gains / (losses) reclassified from accumulated other comprehensive earnings / (losses) into net earnings were: For the Three Months Ended September 30, For the Nine Months Ended September 30, 2015 2014 2015 2014 (in millions) Currency exchange contracts – $ (11 ) $ 12 $ 73 $ 8 Commodity contracts (49 ) 5 (53 ) 14 Interest rate contracts – – (26 ) (2 ) Total $ (60 ) $ 17 $ (6 ) $ 20 After-tax gains / (losses) recognized in other comprehensive earnings / (losses) were: For the Three Months Ended September 30, For the Nine Months Ended September 30, 2015 2014 2015 2014 (in millions) Currency exchange contracts – $ 8 $ 58 $ 33 $ 65 Commodity contracts (38 ) 7 (61 ) 10 Interest rate contracts (39 ) (18 ) (38 ) (98 ) Total $ (69 ) $ 47 $ (66 ) $ (23 )
Fair Value Hedges
Schedule of Effects of Derivative Instruments	Pre-tax gains / (losses) due to changes in fair value of our interest rate swaps and related hedged long-term debt were recorded in interest and other expense / (income): For the Three Months Ended For the Nine Months Ended 2015 2014 2015 2014 (in millions) Derivatives $ 4 $ (13 ) $ 8 $ 1 Borrowings (4 ) 13 (8 ) (1 )
Economic Hedging
Schedule of Effects of Derivative Instruments	Pre-tax gains / (losses) recorded in net earnings for economic hedges were: For the Three Months Ended For the Nine Months Ended September 30, Location of Gain / (Loss) Recognized in Earnings 2015 2014 2015 2014 (in millions) Currency exchange contracts: Intercompany loans and forecasted interest payments $ 8 $ 4 $ 22 $ 5 Interest and other expense / (income) Forecasted transactions 43 29 33 (11 ) Cost of sales Forecasted transactions 36 419 437 405 Interest and other expense / (income) Forecasted transactions 5 (4 ) (11 ) (7 ) Selling, general and administrative expenses Interest rate contracts – (1 ) – – Interest and other expense / (income) Commodity contracts (99 ) (36 ) (158 ) (4 ) Cost of sales Total $ (7 ) $ 411 $ 323 $ 388

Benefit Plans (Tables)

Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2015
Pension Plans
Components of Net Costs	Net periodic pension cost consisted of the following: U.S. Plans Non-U.S. Plans For the Three Months Ended September 30, For the Three Months Ended September 30, 2015 2014 2015 2014 (in millions) Service cost $ 16 $ 14 $ 44 $ 47 Interest cost 16 16 77 99 Expected return on (23 ) (21 ) (120 ) (123 ) Amortization: Net loss from experience differences 11 7 33 26 Prior service cost (1) – – – – Settlement losses (2) 2 14 – (5 ) Net periodic pension cost $ 22 $ 30 $ 34 $ 44 U.S. Plans Non-U.S. Plans For the Nine Months Ended September 30, For the Nine Months Ended September 30, 2015 2014 2015 2014 (in millions) Service cost $ 48 $ 42 $ 145 $ 136 Interest cost 50 49 231 296 Expected return on (70 ) (61 ) (358 ) (371 ) Amortization: Net loss from experience differences 33 22 110 80 Prior service cost (1) 1 1 16 1 Settlement losses (2) 15 20 – 5 Net periodic pension cost $ 77 $ 73 $ 144 $ 147 (1) For the nine months ended September 30, 2015, amortization of prior service cost includes $17 million of pension curtailment losses related to employees who transitioned to JDE upon the contribution of our global coffee business. Refer to Note 2, Divestitures and Acquisitions – Coffee Business Transactions (2) Settlement losses include $1 million for the three months and $7 million for the nine months ended September 30, 2015 of pension settlement losses for employees who elected lump-sum payments in connection with our 2014-2018 Restructuring Program. See Note 6, Restructuring Programs , Divestitures and Acquisitions – Coffee Business Transactions
Postretirement Benefit Plans
Components of Net Costs	Net postretirement health care costs consisted of the following: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Service cost $ 4 $ 4 $ 11 $ 10 Interest cost 5 5 17 16 Amortization: Net loss from experience differences 3 1 10 4 Prior service credit (1 ) (3 ) (5 ) (8 ) Net postretirement health care costs $ 11 $ 7 $ 33 $ 22
Postemployment Benefit Plans
Components of Net Costs	Net postemployment costs consisted of the following: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Service cost $ 2 $ 2 $ 5 $ 6 Interest cost 1 2 4 5 Net postemployment costs $ 3 $ 4 $ 9 $ 11

Stock Plans (Tables)

Stock Plans (Tables)	9 Months Ended
	Sep. 30, 2015
Stock Options Activity	Stock option activity consisted of the following: Shares Subject Weighted-Average Exercise or Grant Price Per Share Aggregate Balance at January 1, 2015 56,431,551 $ 24.19 $ 685 million Annual grants to eligible employees 8,899,530 36.94 Additional options granted 880,500 35.70 Total options granted 9,780,030 36.83 Options exercised (5,573,601 ) 23.03 $ 88 million Options cancelled (2,435,433 ) 32.21 Balance at September 30, 2015 58,202,547 26.09 $ 233 million
Restricted stock, deferred stock unit and performance share unit
Restricted Stock, Deferred Stock Unit and Performance Share Unit Activity	Restricted stock, deferred stock unit and performance share unit activity consisted of the following: Number of Grant Date Weighted-Average Per Share Weighted-Average Fair Value Balance at January 1, 2015 10,582,640 $ 28.56 Annual grants to eligible employees: Performance share units 1,598,290 Feb. 18, 2015 36.94 Restricted stock 386,910 Feb. 18, 2015 36.94 Deferred stock units 866,640 Feb. 18, 2015 36.94 Additional shares granted (1) 845,809 Various 37.44 Total shares granted 3,697,649 37.05 $ 137 million Vested (3,442,710 ) 37.18 $ 128 million Forfeited (1,160,533 ) 32.17 Balance at September 30, 2015 9,677,046 28.31 (1) Includes performance share units, restricted stock and deferred stock units.

Reclassifications from Accumu35

Reclassifications from Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2015
Components of Accumulated Other Comprehensive Earnings /(Losses)	The components of accumulated other comprehensive earnings / (losses) attributable to Mondelēz International were: Mondelēz International Shareholders’ Equity Currency Derivatives Translation Pension and Accounted for Adjustments Other Benefits as Hedges Total (in millions) Balances at January 1, 2014 $ (1,414 ) $ (1,592 ) $ 117 $ (2,889 ) Other comprehensive earnings / (losses), before reclassifications: Currency translation adjustment (1) (2,069 ) 90 – (1,979 ) Pension and other benefits – 16 – 16 Derivatives accounted for as hedges 383 – (78 ) 305 Losses / (gains) reclassified into – 125 (22 ) 103 Tax (expense) / benefit (150 ) (47 ) 57 (140 ) Total other comprehensive earnings / (losses) (1,695 ) Balances at September 30, 2014 $ (3,250 ) $ (1,408 ) $ 74 $ (4,584 ) Balances at January 1, 2015 $ (5,042 ) $ (2,274 ) $ (2 ) $ (7,318 ) Other comprehensive earnings / (losses), before reclassifications: Currency translation adjustment (1) (2,749 ) 97 – (2,652 ) Pension and other benefits – 99 – 99 Derivatives accounted for as hedges 303 – (103 ) 200 Losses / (gains) reclassified into – 229 27 256 Tax (expense) / benefit (111 ) (99 ) 16 (194 ) Total other comprehensive earnings / (losses) (2,291 ) Balances at September 30, 2015 $ (7,599 ) $ (1,948 ) $ (62 ) $ (9,609 ) (1) The condensed consolidated statement of other comprehensive earnings includes currency translation adjustment attributable to noncontrolling interests of $(22) million for the nine months ended September 30, 2015 and $(19) million for the nine months ended September 30, 2014.
Amounts Reclassified from Accumulated Other Comprehensive Earnings/ (Losses)	Amounts reclassified from accumulated other comprehensive earnings / (losses) and their locations in the condensed consolidated financial statements were as follows: For the Three Months Ended For the Nine Months Ended Location of Gain / (Loss) September 30, September 30, Recognized 2015 2014 2015 2014 in Net Earnings (in millions) Pension and other benefits: Reclassification of losses / (gains) into net earnings: Amortization of experience losses (1) $ 46 $ 31 $ 165 $ 100 Settlement losses (1) 51 9 64 25 Tax impact (28 ) (26 ) (64 ) (47 ) Provision for income taxes Derivatives accounted for as hedges: Reclassification of losses / (gains) into net earnings: Currency exchange contracts - forecasted transactions 13 (13 ) (79 ) (9 ) Cost of sales Commodity contracts 62 (5 ) 65 (16 ) Cost of sales Interest rate contracts – – 41 3 Interest and other expense / (income) Tax impact (10 ) 2 (20 ) 3 Provision for income taxes Total reclassifications into net earnings, net of tax $ 134 $ (2 ) $ 172 $ 59 (1) These items are included in the components of net periodic benefit costs disclosed in Note 9, Benefit Plans

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Basic and Diluted Earnings Per Share	Basic and diluted earnings per share (“EPS”) were calculated using the following: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions, except share and per share data) Net earnings $ 7,268 $ 902 $ 8,007 $ 1,694 Noncontrolling interest 2 3 11 10 Net earnings attributable to $ 7,266 $ 899 $ 7,996 $ 1,684 Weighted-average shares for basic EPS 1,609 1,688 1,627 1,695 Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares 20 17 19 18 Weighted-average shares for diluted EPS 1,629 1,705 1,646 1,713 Basic earnings per share attributable to Mondelēz International $ 4.52 $ 0.53 $ 4.91 $ 0.99 Diluted earnings per share attributable to Mondelēz International $ 4.46 $ 0.53 $ 4.86 $ 0.98

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2015
Net Revenues by Segment	Our segment net revenues were: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Net revenues: Latin America $ 1,233 $ 1,315 $ 3,730 $ 3,913 Asia Pacific 1,101 1,153 3,278 3,460 EEMEA 586 894 2,150 2,740 Europe 2,173 3,215 7,963 10,151 North America 1,756 1,760 5,151 5,150 Net revenues $ 6,849 $ 8,337 $ 22,272 $ 25,414
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	Our segment earnings were: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2015 2014 2015 2014 (in millions) Earnings before income taxes: Operating income: Latin America $ 134 $ 120 $ 422 $ 304 Asia Pacific 71 65 321 364 EEMEA 52 93 184 303 Europe 298 368 885 1,294 North America 275 272 817 744 Unrealized gains / (losses) on (4 ) 39 75 (8 ) General corporate expenses (95 ) (56 ) (240 ) (191 ) Amortization of intangibles (45 ) (48 ) (137 ) (157 ) Gains on coffee business transactions and divestiture 7,122 – 7,135 – Acquisition-related costs (6 ) – (8 ) – Operating income 7,802 853 9,454 2,653 Interest and other (expense) / income (114 ) 227 (814 ) (717 ) Earnings before income taxes $ 7,688 $ 1,080 $ 8,640 $ 1,936
Total Assets by Segment	Total assets by segment were: As of September 30, As of December 31, 2015 2014 (in millions) Total assets (1) Latin America $ 5,654 $ 6,470 Asia Pacific (2) 8,057 8,068 EEMEA (2) 4,100 5,153 Europe (2) 21,993 24,568 North America 21,332 21,287 Equity method investments 4,895 662 Unallocated assets (3) 359 607 Total assets $ 66,390 $ 66,815 (1) Beginning in the third quarter of 2015, earnings from equity method investees are reported outside of segment operating income, as discussed above in this Note and Note 1, Basis of Presentation – Equity Method Investments, (2) On July 2, 2015, we deconsolidated our global coffee businesses, primarily from our Europe, EEMEA and Asia Pacific segments. See Note 2, Divestitures and Acquisitions – Coffee Business Transactions (3) Unallocated assets consist primarily of cash and cash equivalents, deferred income taxes, centrally held property, plant and equipment, prepaid pension assets and derivative financial instrument balances.
Net Revenues by Consumer Sector	Net revenues by product category were: For the Three Months Ended September 30, 2015 Latin Asia North America Pacific EEMEA Europe America Total (in millions) Biscuits $ 428 $ 356 $ 125 $ 592 $ 1,403 $ 2,904 Chocolate 184 370 232 1,086 64 1,936 Gum & Candy 262 171 134 177 289 1,033 Beverages (1) 178 76 45 43 – 342 Cheese & Grocery 181 128 50 275 – 634 Total net revenues $ 1,233 $ 1,101 $ 586 $ 2,173 $ 1,756 $ 6,849 For the Three Months Ended September 30, 2014 (2) Latin Asia North America Pacific EEMEA Europe America Total (in millions) Biscuits $ 338 $ 294 $ 165 $ 712 $ 1,382 $ 2,891 Chocolate 253 408 287 1,214 76 2,238 Gum & Candy 314 191 152 216 302 1,175 Beverages (1) 232 100 227 723 – 1,282 Cheese & Grocery 178 160 63 350 – 751 Total net revenues $ 1,315 $ 1,153 $ 894 $ 3,215 $ 1,760 $ 8,337 For the Nine Months Ended September 30, 2015 Latin Asia North America Pacific EEMEA Europe America Total (in millions) Biscuits $ 1,144 $ 940 $ 396 $ 1,828 $ 4,161 $ 8,469 Chocolate 680 1,074 627 3,204 161 5,746 Gum & Candy 852 550 418 558 829 3,207 Beverages (1) 570 324 502 1,493 – 2,889 Cheese & Grocery 484 390 207 880 – 1,961 Total net revenues $ 3,730 $ 3,278 $ 2,150 $ 7,963 $ 5,151 $ 22,272 For the Nine Months Ended September 30, 2014 (2) Latin Asia North America Pacific EEMEA Europe America Total (in millions) Biscuits $ 998 $ 898 $ 483 $ 2,228 $ 4,121 $ 8,728 Chocolate 833 1,155 751 3,804 189 6,732 Gum & Candy 893 585 499 677 840 3,494 Beverages (1) 684 359 782 2,348 – 4,173 Cheese & Grocery 505 463 225 1,094 – 2,287 Total net revenues $ 3,913 $ 3,460 $ 2,740 $ 10,151 $ 5,150 $ 25,414 (1) On July 2, 2015, we contributed our global coffee businesses primarily from our Europe, EEMEA and Asia Pacific segment beverage categories. The year-over-year decrease in beverages primarily reflects the coffee business transactions and unfavorable currency on our remaining beverage business. The impact of deconsolidating our coffee businesses on July 2, 2015 was $670 million in Europe, $169 million in EEMEA and $16 million in Asia Pacific on a year-over-year third quarter and constant currency basis. The impact of deconsolidating our coffee businesses on July 2, 2015 was $824 million in Europe, $250 million in EEMEA, $10 million in Asia Pacific and $2 million in Latin America on a year-over-year nine month period and constant currency basis. Refer to Note 2, Divestitures and Acquisitions – Coffee Business Transactions (2) During 2014, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2015 presentation.

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Detail) $ in Millions	Jan. 23, 2014	Sep. 30, 2015USD ($)CountryVEB / $	Mar. 31, 2015USD ($)VEB / $	Dec. 31, 2014VEB / $	Sep. 30, 2014USD ($)	[1]	Mar. 31, 2014USD ($)VEB / $	Sep. 30, 2015USD ($)CountryVEB / $	Sep. 30, 2014USD ($)		Jul. 02, 2015	Feb. 10, 2015VEB / $	Feb. 08, 2013VEB / $	Jan. 02, 2010VEB / $
Summary Of Significant Accounting Policies [Line Items]
Change in accounting policy effect of change on net revenue		$ 19						$ 58
Change in accounting policy effect of change on operating results		$ 8						$ 27
Foreign currency exchange rate translation | VEB / $		6.30						6.30					6.30	4.30
Net revenue		$ 6,849			$ 8,337			$ 22,272	$ 25,414	[1]
Number of countries in which entity operates | Country		80						80
Number of countries in which products are sold | Country								165
Minimum
Summary Of Significant Accounting Policies [Line Items]
Equity method investment, ownership percentage		20.00%						20.00%
Maximum
Summary Of Significant Accounting Policies [Line Items]
Equity method investment, ownership percentage		50.00%						50.00%
Jacobs Douwe Egberts
Summary Of Significant Accounting Policies [Line Items]
Equity method investment, ownership percentage											43.50%
Argentina
Summary Of Significant Accounting Policies [Line Items]
Net revenue		$ 205						$ 565
Percentage of consolidated net revenues		3.00%						2.50%
Russia
Summary Of Significant Accounting Policies [Line Items]
Net revenue		$ 145						$ 525
Percentage of consolidated net revenues		2.10%						2.40%
SICAD
Summary Of Significant Accounting Policies [Line Items]
Foreign currency exchange rate translation | VEB / $		12	12	11.50				12				12
Foreign currency impacts relating to highly inflationary accounting			$ (11)
SICAD I
Summary Of Significant Accounting Policies [Line Items]
Foreign currency exchange rate translation | VEB / $							10.70
Foreign currency impacts relating to highly inflationary accounting							$ (142)		$ (19)
SIMADI
Summary Of Significant Accounting Policies [Line Items]
Foreign currency exchange rate translation | VEB / $		199.42						199.42
Argentina, Pesos
Summary Of Significant Accounting Policies [Line Items]
Devalued percentage against US Dollar	15.00%							11.00%
Russia, Rubles
Summary Of Significant Accounting Policies [Line Items]
Devalued percentage against US Dollar				50.00%				11.00%
[1]	During 2014, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2015 presentation.

Net Revenues, Cash, Net Monetar

Net Revenues, Cash, Net Monetary and Net Assets of Company's Venezuelan Subsidiaries (Detail) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	[1]	Sep. 30, 2015	Sep. 30, 2014	[1]
Segment Information [Line Items]
Net revenues	$ 6,849	$ 8,337		$ 22,272	$ 25,414
Venezuela
Segment Information [Line Items]
Net revenues	$ 315			$ 834
Percentage of consolidated net revenues	4.60%			3.70%
Venezuela | SICAD
Segment Information [Line Items]
Cash	$ 401			$ 401
Net monetary assets	352			352
Net assets	$ 617			$ 617
[1]	During 2014, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2015 presentation.

Divestitures and Acquisition -

Divestitures and Acquisition - Additional Information (Detail) $ in Millions, € in Billions, ₫ in Billions, ¥ in Billions	Jul. 15, 2015USD ($)	Jul. 15, 2015VND (₫)	Jul. 02, 2015USD ($)	Jul. 02, 2015EUR (€)	Apr. 23, 2015USD ($)	Apr. 23, 2015JPY (¥)	Feb. 16, 2015USD ($)	May. 31, 2014USD ($)	May. 31, 2014EUR (€)	Sep. 30, 2016USD ($)	Sep. 30, 2016VND (₫)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)		Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)		Sep. 30, 2014	Jul. 06, 2015USD ($)	Sep. 30, 2015EUR (€)	Dec. 31, 2014USD ($)	Nov. 10, 2014USD ($)
Acquisition And Dispositions [Line Items]
Proceeds from coffee business divestiture currency hedge settlements															$ 1,050
Gains on divestitures												$ 7,122			7,135
Equity method investments												4,895			4,895						$ 662
Net gain (loss) on coffee business divestiture currency hedges															436	$ 413
Escrow Deposit																						$ 46
Business acquisition, goodwill												20,963			20,963						$ 23,389
Business acquisition costs												6			8
Net revenues												6,849	$ 8,337	[1]	22,272	25,414	[1]
Operating income												7,802	853		9,454	2,653
Goodwill, Acquisition															$ 500
Product Concentration Risk | Net Revenues | Snacks
Acquisition And Dispositions [Line Items]
Concentration risk, percentage															84.00%			85.00%
Transfer of funds subsidiaries
Acquisition And Dispositions [Line Items]
Net gain (loss) on coffee business divestiture currency hedges												14
Enjoy Life Foods
Acquisition And Dispositions [Line Items]
Cash paid for acquisition															$ 81
Other net assets (liabilities) acquired												3			3
Business combination, consideration transferred							$ 81
Intangible assets acquired							58					58			58
Goodwill, Acquisition							$ 20								20
Vietnam
Acquisition And Dispositions [Line Items]
Cash paid for acquisition	$ 543	₫ 11,843
Percentage of equity interest acquired	80.00%
Escrow Deposit	$ 44
Cash paid for acquisition	418	9,122
Net revenues												70
Operating income												16
Goodwill, Acquisition	480
Vietnam | Preliminary Valuation
Acquisition And Dispositions [Line Items]
Business acquisition, property, plant and equipment	35
Business acquisition, goodwill	480
Business acquisition, inventory	10
Other net assets (liabilities) acquired	(17)
Vietnam | Non-compete and Consulting Agreements [Member]
Acquisition And Dispositions [Line Items]
Partial payment for the non-compete and continued consulting agreements	$ 35	₫ 759
Vietnam | Scenario, Forecast
Acquisition And Dispositions [Line Items]
Escrow Deposit										$ 90
Partial payment for the non-compete and continued consulting agreements										$ 35	₫ 759
Remaining interest in biscuit operation to be acquired										20.00%
Coffee Business
Acquisition And Dispositions [Line Items]
Proceeds from divestiture of businesses			$ 4,200	€ 3.8
Divestiture of business, receivable			1,100
Cash and receivables recorded related to the reimbursement of costs incurred from separating a business												283
Gains on divestitures												7,122
Gains on divestitures after tax												6,900
Net gain (loss) on coffee business divestiture currency hedges												29	420		436	413
Settlement losses			$ 49
Coffee Business | Scenario, Previously Reported
Acquisition And Dispositions [Line Items]
Proceeds from divestiture of businesses | €									€ 4
Japanese Coffee Joint Venture
Acquisition And Dispositions [Line Items]
Sale of stock, percentage of ownership before transaction					50.00%	50.00%
Divestiture of investment in joint venture												99			99
Pre-tax gain on divestiture of joint venture															13
After-tax loss on divestiture of joint venture															9
Goodwill divested												65			65
Divested cumulative translation losses in connection with the sale															41
Proceeds from divestiture of interest					$ 225	¥ 27
Amount of expenses associated with business disposal															7
Economic Hedging | Foreign Exchange Forward
Acquisition And Dispositions [Line Items]
Notional Amount | €																				€ 1.6
Acorn Holdings BV
Acquisition And Dispositions [Line Items]
Percentage of equity interest acquired by other parties			56.50%
Interest and other expense / (income) | Economic Hedging | Foreign Exchange Forward
Acquisition And Dispositions [Line Items]
Net gain (loss) on coffee business divestiture currency hedges												(4)			17
Interest and other expense / (income) | Economic Hedging | Foreign Exchange Forward | Related to cash proceeds distribution
Acquisition And Dispositions [Line Items]
Net gain (loss) on coffee business divestiture currency hedges												(4)			17
Selling, general and administrative expenses | Vietnam
Acquisition And Dispositions [Line Items]
Business acquisition costs												6			7
Business integration costs												4			5
Selling, general and administrative expenses | Europe And EEMEA segments
Acquisition And Dispositions [Line Items]
Expenses related to readying businesses for planned transactions												54	10		239	15
Jacobs Douwe Egberts
Acquisition And Dispositions [Line Items]
Equity method investment, ownership percentage			43.50%
Equity method investments												4,500			4,500
Derivatives Designated as Hedging Instruments | Currency Exchange Forward Contracts
Acquisition And Dispositions [Line Items]
Proceeds from coffee business divestiture currency hedge settlements												1,000
Derivatives Designated as Hedging Instruments | Foreign Exchange Forward
Acquisition And Dispositions [Line Items]
Proceeds from coffee business divestiture currency hedge settlements			$ 4,200																$ 5,200
Net gain (loss) on coffee business divestiture currency hedges												$ 19	$ 420		$ 405	$ 413
Derivatives Designated as Hedging Instruments | Foreign Exchange Forward | Scenario, Previously Reported
Acquisition And Dispositions [Line Items]
Proceeds from coffee business divestiture currency hedge settlements								$ 5,000
[1]	During 2014, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2015 presentation.

Pre-tax earnings of Coffee Busi

Pre-tax earnings of Coffee Businesses (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Business Acquisition [Line Items]
Earnings before income taxes	$ 7,688	$ 1,080	$ 8,640	$ 1,936
Coffee Business
Business Acquisition [Line Items]
Earnings before income taxes		$ 184	$ 342	$ 494

Assets and Liabilities Deconsol

Assets and Liabilities Deconsolidated (Detail) - Coffee Business $ in Millions	Jul. 02, 2015USD ($)
Liabilities
Accrued pension costs	$ 146
Discontinued Operations, Disposed of by Sale
Assets
Cash and cash equivalents	488
Trade receivables	468
Other receivables	24
Inventories, net	469
Deferred income taxes	6
Other current assets	44
Property, plant and equipment, net	751
Goodwill	1,664
Intangible assets, net	0
Other assets	35
Assets divested	3,949
Liabilities
Accounts payable	438
Accrued marketing	290
Accrued employment costs	29
Other current liabilities	63
Deferred income taxes	63
Accrued pension costs	146
Other liabilities	4
Liabilities divested	1,033
Net assets	2,916
Discontinued Operations, Disposed of by Sale | Other current assets
Assets
Assets divested	1,499
Discontinued Operations, Disposed of by Sale | Other Noncurrent Assets
Assets
Assets divested	2,450
Discontinued Operations, Disposed of by Sale | Other current liabilities
Liabilities
Liabilities divested	820
Discontinued Operations, Disposed of by Sale | Other Noncurrent liabilities
Liabilities
Liabilities divested	$ 213

Components of Inventories (Deta

Components of Inventories (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Inventory [Line Items]
Raw materials	$ 967	$ 1,122
Finished product	2,062	2,358
Inventories, net	$ 3,029	$ 3,480

Inventories - Additional Inform

Inventories - Additional Information (Detail) $ in Millions	Jul. 02, 2015USD ($)
Discontinued Operations, Disposed of by Sale | Coffee Business
Inventory [Line Items]
Divested net inventory	$ 469

Property, Plant and Equipment45

Property, Plant and Equipment (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 14,788	$ 16,912
Accumulated depreciation	(6,224)	(7,085)
Property, plant and equipment, net	8,564	9,827
Land and Land Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	502	574
Buildings and Building Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,731	3,117
Machinery and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	9,983	11,737
Construction in Progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,572	$ 1,484

Property, Plant and Equipment -

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Jul. 02, 2015
Property, Plant and Equipment [Line Items]
Asset impairment charges			$ 195	$ 77
Discontinued Operations, Disposed of by Sale | Coffee Business
Property, Plant and Equipment [Line Items]
Property, plant and equipment, net					$ 751
2012-2014 Restructuring Program and 2014-2018 Restructuring Program
Property, Plant and Equipment [Line Items]
Asset impairment charges	$ 56	$ 48	$ 191	$ 74

Summary of Asset Impairment and

Summary of Asset Impairment and Exit Costs (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairment charges			$ 195	$ 77
2012-2014 Restructuring Program and 2014-2018 Restructuring Program
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairment charges	$ 56	$ 48	191	74
2012-2014 Restructuring Program and 2014-2018 Restructuring Program | Latin America Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairment charges	6		40
2012-2014 Restructuring Program and 2014-2018 Restructuring Program | Asia Pacific Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairment charges	18	18	46	18
2012-2014 Restructuring Program and 2014-2018 Restructuring Program | EEMEA Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairment charges	2	4	4	5
2012-2014 Restructuring Program and 2014-2018 Restructuring Program | Europe Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairment charges	14	13	51	14
2012-2014 Restructuring Program and 2014-2018 Restructuring Program | North America Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairment charges	$ 16	$ 13	$ 50	$ 37

Goodwill by Reportable Segment

Goodwill by Reportable Segment (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Goodwill	$ 20,963	$ 23,389
Latin America Segment
Segment Reporting Information [Line Items]
Goodwill	865	1,127
Asia Pacific Segment
Segment Reporting Information [Line Items]
Goodwill	2,517	2,395
EEMEA Segment
Segment Reporting Information [Line Items]
Goodwill	1,373	1,942
Europe Segment
Segment Reporting Information [Line Items]
Goodwill	7,316	8,952
North America Segment
Segment Reporting Information [Line Items]
Goodwill	$ 8,892	$ 8,973

Intangible Assets (Detail)

Intangible Assets (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Intangible Assets [Line Items]
Non-amortizable intangible assets	$ 17,812	$ 18,810
Amortizable intangible assets	2,351	2,525
Total intangible assets, gross	20,163	21,335
Accumulated amortization	(1,048)	(1,000)
Intangible assets, net	$ 19,115	$ 20,335

Goodwill and Intangible Asset50

Goodwill and Intangible Assets - Additional Information (Detail) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)Brand
Goodwill and Intangible Assets Disclosure [Line Items]
Amortization expense for intangible assets	$ 45	$ 48	$ 137	$ 157
Estimated amortization expense in year 1	184		184
Estimated amortization expense in year 2	184		184
Estimated amortization expense in year 3	184		184
Estimated amortization expense in year 4	184		184
Estimated amortization expense in year 5	184		184
Number of brands | Brand					3
Intangible asset, aggregate book value	$ 17,812		$ 17,812		$ 18,810
Weighted Average
Goodwill and Intangible Assets Disclosure [Line Items]
Life of our amortizable intangible assets (in years)			13 years 7 months 6 days
Fair Value Over Book Value 10% or Less
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible asset, aggregate book value					341
Asia Pacific and Europe
Goodwill and Intangible Assets Disclosure [Line Items]
Asset impairment charges on intangible assets					$ 57

Changes in Goodwill and Intangi

Changes in Goodwill and Intangible Assets (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)
Goodwill And Intangible Assets [Line Items]
Goodwill beginning balance	$ 23,389
Goodwill, Currency	(1,196)
Goodwill, Deconsolidation and divestiture	(1,729)
Goodwill, Acquisition	500
Goodwill, Other	(1)
Goodwill ending balance	20,963
Intangible Assets, at Cost beginning balance	21,335
Intangible Assets, Currency	(1,229)
Intangible Assets, Acquisition	58
Intangible Assets, Other	(1)
Intangible Assets, at Cost ending balance	$ 20,163

Changes in Goodwill and Intan52

Changes in Goodwill and Intangible Assets (Parenthetical) (Detail) - USD ($) $ in Millions	Jul. 15, 2015	Jul. 02, 2015	Apr. 23, 2015	Feb. 16, 2015	Sep. 30, 2015
Goodwill And Intangible Assets [Line Items]
Goodwill, Deconsolidation and Divestiture					$ 1,729
Goodwill, Acquisition					500
Enjoy Life Foods
Goodwill And Intangible Assets [Line Items]
Goodwill, Acquisition				$ 20	20
Intangible assets acquired				$ 58	$ 58
Vietnam
Goodwill And Intangible Assets [Line Items]
Percentage of equity interest acquired	80.00%
Goodwill, Acquisition	$ 480
Coffee Business
Goodwill And Intangible Assets [Line Items]
Goodwill, Deconsolidation and Divestiture		$ 1,664
Coffee Business | Maximum
Goodwill And Intangible Assets [Line Items]
Intangible Assets,Deconsolidation and Divestiture		$ 1
Japanese Coffee Joint Venture
Goodwill And Intangible Assets [Line Items]
Goodwill, Deconsolidation and Divestiture			$ 65
Percentage of Deconsolidation and Divestiture			50.00%

Restructuring Programs - Additi

Restructuring Programs - Additional Information (Detail) - USD ($)	May. 06, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2012	Sep. 30, 2015		Dec. 31, 2014
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost related to capital expenditure				$ 1,178,000,000	$ 1,129,000,000
2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost	$ 3,500,000,000
Restructuring and related cost, cost incurred		$ 221,000,000	$ 67,000,000	627,000,000	77,000,000		$ 1,008,000,000	[1]
Restructuring charges		146,000,000	25,000,000	442,000,000	26,000,000		717,000,000	[1]
Cash spent		51,000,000	25,000,000	156,000,000	26,000,000
Non-cash asset write-downs		56,000,000		196,000,000
Restructuring reserve		299,000,000		299,000,000			299,000,000		$ 224,000,000
Implementation costs		75,000,000	42,000,000	185,000,000	51,000,000		291,000,000	[1]
2014-2018 Restructuring Program | Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Implementation costs		75,000,000	42,000,000	185,000,000	51,000,000
2014-2018 Restructuring Program | Other current liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		267,000,000		267,000,000			267,000,000
2014-2018 Restructuring Program | Other Noncurrent liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		32,000,000		32,000,000			32,000,000
2014-2018 Restructuring Program | Maximum | Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost related to capital expenditure	2,200,000,000
2014-2018 Restructuring Program | Cash Expense
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost	2,500,000,000
2014-2018 Restructuring Program | Non Cash Expense
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost	$ 1,000,000,000
2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost									925,000,000
Restructuring and related cost, cost incurred			186,000,000		325,000,000				899,000,000	[2]
Restructuring charges			163,000,000		259,000,000				729,000,000	[2]
Cash spent		14,000,000	44,000,000	57,000,000	110,000,000
Non-cash asset write-downs			53,000,000		77,000,000
Restructuring reserve		62,000,000		62,000,000			62,000,000		128,000,000
Implementation costs			23,000,000		66,000,000				170,000,000	[2]
Restructuring and related activities, authorized amount						$ 1,500,000,000
Restructuring and related cost, cost incurred									$ 899,000,000
Reversal to restructuring charges				3,000,000
2012-2014 Restructuring Program | Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Implementation costs			$ 23,000,000		$ 66,000,000
2012-2014 Restructuring Program | Other current liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		47,000,000		47,000,000			47,000,000
2012-2014 Restructuring Program | Other Noncurrent liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		$ 15,000,000		$ 15,000,000			$ 15,000,000
[1]	Includes all charges recorded since program inception on May 6, 2014 through September 30, 2015.
[2]	Includes all charges recorded since program inception in 2012 through conclusion on December 31, 2014.

Schedule of Restructuring Costs

Schedule of Restructuring Costs (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		17 Months Ended		36 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015		Dec. 31, 2014
2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period			$ 128
Charges		$ 163		$ 259			$ 729	[1]
Reversal to restructuring charges			(3)
Cash spent	$ (14)	(44)	(57)	(110)
Non-cash settlements / adjustments		(53)		(77)
Currency			(6)
Balance at end of period	62		62		$ 62		128
2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period			224
Charges	146	25	442	26	717	[2]
Cash spent	(51)	$ (25)	(156)	$ (26)
Non-cash settlements / adjustments	(56)		(196)
Currency			(15)
Balance at end of period	299		299		299		224
Severance and Related Costs | 2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period			128
Reversal to restructuring charges			(3)
Cash spent			(57)
Currency			(6)
Balance at end of period	62		62		62		128
Severance and Related Costs | 2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period			224
Charges			252
Cash spent			(156)
Non-cash settlements / adjustments			(6)
Currency			(15)
Balance at end of period	$ 299		299		$ 299		$ 224
Asset Write-Downs | 2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Charges			190
Non-cash settlements / adjustments			$ (190)
[1]	Includes all charges recorded since program inception in 2012 through conclusion on December 31, 2014.
[2]	Includes all charges recorded since program inception on May 6, 2014 through September 30, 2015.

Restructuring and Implementatio

Restructuring and Implementation Costs (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended		17 Months Ended		36 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	[2]	Dec. 31, 2014
2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring Costs			$ 163		$ 259			$ 729	[1]
Implementation costs			23		66			170	[1]
Total			186		325			899	[1]
2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		$ 146	25	$ 442	26	$ 717
Implementation costs		75	42	185	51	291
Total		221	67	627	77	1,008
Operating Segments | 2012-2014 Restructuring Program | Latin America Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs			3		7			36	[1]
Implementation costs					1			3	[1]
Total			3		8			39	[1]
Operating Segments | 2012-2014 Restructuring Program | Asia Pacific Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs			27		28			36	[1]
Implementation costs			1		1			6	[1]
Total			28		29			42	[1]
Operating Segments | 2012-2014 Restructuring Program | EEMEA Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs			14		26			69	[1]
Implementation costs					2			4	[1]
Total			14		28			73	[1]
Operating Segments | 2012-2014 Restructuring Program | Europe Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs			85		128			249	[1]
Implementation costs			14		42			88	[1]
Total			99		170			337	[1]
Operating Segments | 2012-2014 Restructuring Program | North America Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs			34		70			337	[1]
Implementation costs			7		20			65	[1]
Total			41		90			402	[1]
Operating Segments | 2014-2018 Restructuring Program | Latin America Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		30	25	79	26	158
Implementation costs		6	7	27	8	45
Total		36	32	106	34	203
Operating Segments | 2014-2018 Restructuring Program | Asia Pacific Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		33		78		94
Implementation costs		3	4	12	4	21
Total		36	4	90	4	115
Operating Segments | 2014-2018 Restructuring Program | EEMEA Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		7		21		40
Implementation costs		1	3	7	3	11
Total		8	3	28	3	51
Operating Segments | 2014-2018 Restructuring Program | Europe Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		35		190		283
Implementation costs		19	14	47	14	82
Total		54	14	237	14	365
Operating Segments | 2014-2018 Restructuring Program | North America Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		39		70		124
Implementation costs		19	1	40	1	48
Total		58	1	110	1	172
Corporate | 2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	[1],[3]							2
Implementation costs	[3]		1					4	[1]
Total	[3]		1					$ 6	[1]
Corporate | 2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	[3]	2		4		18
Implementation costs	[3]	27	13	52	21	84
Total	[3]	$ 29	$ 13	$ 56	$ 21	$ 102
[1]	Includes all charges recorded since program inception in 2012 through conclusion on December 31, 2014.
[2]	Includes all charges recorded since program inception on May 6, 2014 through September 30, 2015.
[3]	Includes adjustment for rounding.

Short-Term Borrowings and Relat

Short-Term Borrowings and Related Weighted-Average Interest Rates (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Amount outstanding	$ 1,571	$ 1,305
Commercial Paper
Short-term Debt [Line Items]
Amount outstanding	$ 1,279	$ 1,101
Weighted-average rate	0.50%	0.40%
Bank Loans
Short-term Debt [Line Items]
Amount outstanding	$ 292	$ 204
Weighted-average rate	9.00%	8.80%

Debt - Additional Information (

Debt - Additional Information (Detail) € in Millions, £ in Millions, SFr in Millions

Oct. 06, 2015USD ($)

Jun. 11, 2015EUR (€)

Mar. 30, 2015USD ($)

Mar. 20, 2015USD ($)

Mar. 20, 2015EUR (€)

Mar. 06, 2015USD ($)

Mar. 31, 2015USD ($)

Sep. 30, 2015USD ($)

Sep. 30, 2014USD ($)

Sep. 21, 2015CHF (SFr)

Mar. 30, 2015CHF (SFr)

Mar. 06, 2015EUR (€)

Mar. 06, 2015GBP (£)

Dec. 31, 2014USD ($)

Dec. 31, 2013

Debt Instrument [Line Items]

Revolving credit facility debt covenant

$ 24,600,000,000

Repayment of debt

4,543,000,000

$ 2,524,000,000

Cash tender offer amount

$ 2,500,000,000

Loss on extinguishment of debt

$ (708,000,000)

$ (493,000,000)

Weighted-average interest rate

3.50%

4.30%

4.80%

Fair value of total debt

$ 16,874,000,000

$ 18,463,000,000

Carrying value of total debt

16,359,000,000

16,700,000,000

International Subsidiaries

Debt Instrument [Line Items]

Revolving credit facility, maximum borrowing capacity

1,900,000,000

2,100,000,000

Line of credit facility outstanding amount

292,000,000

$ 204,000,000

Revolving Credit Facility, October 11, 2018

Debt Instrument [Line Items]

Revolving credit facility, maximum borrowing capacity

$ 4,500,000,000

Revolving credit facility expiration date

Oct. 11, 2018

Revolving credit facility debt covenant terms

Minimum shareholders' equity of at least $24.6 billion, excluding accumulated other comprehensive earnings / (losses) and the cumulative effects of any changes in accounting principles.

Revolving credit facility debt covenant compliance

At September 30, 2015, we complied with the covenant

Total shareholders' equity, excluding accumulated other comprehensive earnings / (losses)

$ 39,500,000,000

Line of credit facility outstanding amount

$ 0

Tender Offer

Debt Instrument [Line Items]

Loss on extinguishment of debt

$ (708,000,000)

Tender Offer | 6.500% Notes due in August 2017

Debt Instrument [Line Items]

Debt instrument interest rate

6.50%

Debt instrument repurchased, principal amount

$ 102,000,000

Debt instrument expiration

2017-08

Tender Offer | 6.125% Notes due in February 2018

Debt Instrument [Line Items]

Debt instrument interest rate

6.125%

Debt instrument repurchased, principal amount

$ 115,000,000

Debt instrument expiration

2018-02

Tender Offer | 6.125% Notes due in August 2018

Debt Instrument [Line Items]

Debt instrument interest rate

6.125%

Debt instrument repurchased, principal amount

$ 80,000,000

Debt instrument expiration

2018-08

Tender Offer | 5.375% Notes due in February 2020

Debt Instrument [Line Items]

Debt instrument interest rate

5.375%

Debt instrument repurchased, principal amount

$ 691,000,000

Debt instrument expiration

2020-02

Tender Offer | 6.500% Notes due in November 2031

Debt Instrument [Line Items]

Debt instrument interest rate

6.50%

Debt instrument repurchased, principal amount

$ 201,000,000

Debt instrument expiration

2031-11

Tender Offer | 7.000% Notes due in August 2037

Debt Instrument [Line Items]

Debt instrument interest rate

7.00%

Debt instrument repurchased, principal amount

$ 26,000,000

Debt instrument expiration

2037-08

Tender Offer | 6.875% Notes due in February 2038

Debt Instrument [Line Items]

Debt instrument interest rate

6.875%

Debt instrument repurchased, principal amount

$ 71,000,000

Debt instrument expiration

2038-02

Tender Offer | 6.875% Notes due in January 2039

Debt Instrument [Line Items]

Debt instrument interest rate

6.875%

Debt instrument repurchased, principal amount

$ 69,000,000

Debt instrument expiration

2039-01

Tender Offer | 6.500% Notes due in February 2040

Debt Instrument [Line Items]

Debt instrument interest rate

6.50%

Debt instrument repurchased, principal amount

$ 1,143,000,000

Debt instrument expiration

2040-02

Cash Flow Hedges | Tender Offer | Interest rate contracts

Debt Instrument [Line Items]

Interest expense

$ 5,000,000

Euro notes

Debt Instrument [Line Items]

Repayment of debt | €

€ 400

Swiss franc notes

Debt Instrument [Line Items]

Debt instrument, principal amount

694,000,000

SFr 400

SFr 675

Net proceeds from issuance of notes

$ 675,000,000

Discounts and deferred financing costs

2,000,000

Swiss franc notes | Subsequent Event

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 414,000,000

Net proceeds from issuance of notes

410,000,000

Discounts and deferred financing costs

1,000,000

0.000% Fixed Rate Notes, mature on March 30, 2017

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 180,000,000

SFr 175

Debt instrument, fixed interest rate

0.00%

0.00%

Deb instrument maturity Year

Mar. 30, 2017

0.625% Fixed Rate Notes, mature on December 30, 2021

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 308,000,000

SFr 300

Debt instrument, fixed interest rate

0.625%

0.625%

Deb instrument maturity Year

Dec. 30, 2021

1.125% Fixed Rate Notes, mature on December 30, 2025

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 206,000,000

SFr 200

Debt instrument, fixed interest rate

1.125%

1.125%

Deb instrument maturity Year

Dec. 30, 2025

Euro-denominated notes

Debt Instrument [Line Items]

Debt instrument, principal amount | €

€ 2,000

Euro-denominated notes | 6.250% Senior Notes

Debt Instrument [Line Items]

Repayment of debt | €

€ 850

Debt instrument interest rate

6.25%

Euro-denominated and British pound sterling-denominated notes

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 2,800,000,000

$ 2,800,000,000

Net proceeds from issuance of notes

2,890,000,000

Discounts and deferred financing costs

29,000,000

British pound sterling-denominated notes

Debt Instrument [Line Items]

Debt instrument, principal amount | £

£ 450

1.000% Fixed rate notes, due March 7, 2022

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 537,000,000

€ 500

Debt instrument, fixed interest rate

1.00%

1.00%

1.00%

Deb instrument maturity Year

Mar. 7, 2022

1.625% Fixed rate notes due , March 8, 2027

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 805,000,000

€ 750

Debt instrument, fixed interest rate

1.625%

1.625%

1.625%

Deb instrument maturity Year

Mar. 8, 2027

2.375% Fixed rate notes, due March 6, 2035

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 805,000,000

€ 750

Debt instrument, fixed interest rate

2.375%

2.375%

2.375%

Deb instrument maturity Year

Mar. 6, 2035

3.875% Fixed rate notes, due March 6, 2045

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 667,000,000

€ 450

Debt instrument, fixed interest rate

3.875%

3.875%

3.875%

Deb instrument maturity Year

Mar. 6, 2045

Fixed Rate Zero Point Six Two Five Percentage Notes Due October Sixth Twenty Twenty

Debt Instrument [Line Items]

Debt instrument, principal amount | SFr

SFr 135

Debt instrument, fixed interest rate

0.625%

Deb instrument maturity Year

Oct. 6, 2020

Fixed Rate Zero Point Six Two Five Percentage Notes Due October Sixth Twenty Twenty | Subsequent Event

Debt Instrument [Line Items]

Debt instrument, principal amount

140,000,000

Fixed Rate One Point One Two Five Percentage Notes Due December Twenty First Twenty Twenty Third

Debt Instrument [Line Items]

Debt instrument, principal amount | SFr

SFr 265

Debt instrument, fixed interest rate

1.125%

Deb instrument maturity Year

Dec. 21, 2023

Fixed Rate One Point One Two Five Percentage Notes Due December Twenty First Twenty Twenty Third | Subsequent Event

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 274,000,000

Commercial Paper | Minimum

Debt Instrument [Line Items]

Commercial paper, Maturity period

1 day

Commercial Paper | Maximum

Debt Instrument [Line Items]

Commercial paper, Maturity period

55 days

Interest and Other Expense (Inc

Interest and Other Expense (Income) Within Results of Continuing Operations (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Debt Instrument [Line Items]
Interest expense, debt	$ 139	$ 188	$ 461	$ 582
Loss on debt extinguishment and related expenses			713	495
Coffee business transactions currency-related net gains			(436)	(413)
Loss related to interest rate swaps			34
Other expense, net	4	5	42	53
Interest and other expense / (income)	114	(227)	814	717
Coffee Business
Debt Instrument [Line Items]
Coffee business transactions currency-related net gains	$ (29)	$ (420)	$ (436)	$ (413)

Fair Value of Derivative Instru

Fair Value of Derivative Instruments (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Derivatives, Fair Value [Line Items]
Asset Derivatives	$ 242	$ 978
Liability Derivatives	248	349
Derivatives Designated as Hedging Instruments
Derivatives, Fair Value [Line Items]
Asset Derivatives	57	94
Liability Derivatives	98	92
Derivatives Designated as Hedging Instruments | Currency exchange contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	23	69
Liability Derivatives	4	17
Derivatives Designated as Hedging Instruments | Commodity contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	12	12
Liability Derivatives	25	33
Derivatives Designated as Hedging Instruments | Interest rate contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	22	13
Liability Derivatives	69	42
Derivatives Not Designated as Hedging Instruments
Derivatives, Fair Value [Line Items]
Asset Derivatives	185	884
Liability Derivatives	150	257
Derivatives Not Designated as Hedging Instruments | Currency exchange contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	61	735
Liability Derivatives	23	24
Derivatives Not Designated as Hedging Instruments | Commodity contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	80	90
Liability Derivatives	98	194
Derivatives Not Designated as Hedging Instruments | Interest rate contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	44	59
Liability Derivatives	$ 29	$ 39

Derivative Instruments Fair Val

Derivative Instruments Fair Value and Measurement Inputs (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Derivative [Line Items]
Derivative fair value net asset (liability)	$ (6)	$ 629
Currency exchange contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	57	763
Commodity contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(31)	(125)
Interest rate contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(32)	(9)
Quoted Prices In Active Markets For Identical Assets (Level 1)
Derivative [Line Items]
Derivative fair value net asset (liability)	(7)	(49)
Quoted Prices In Active Markets For Identical Assets (Level 1) | Commodity contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(7)	(49)
Significant Other Observable Inputs (Level 2)
Derivative [Line Items]
Derivative fair value net asset (liability)	1	678
Significant Other Observable Inputs (Level 2) | Currency exchange contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	57	763
Significant Other Observable Inputs (Level 2) | Commodity contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(24)	(76)
Significant Other Observable Inputs (Level 2) | Interest rate contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	$ (32)	$ (9)

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) $ in Millions, € in Billions	3 Months Ended			9 Months Ended
	Sep. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015EUR (€)	Dec. 31, 2014USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Loss related to interest rate swaps				$ (34)
Realized gains (losses) recorded in earnings related to planned coffee business transactions				$ 436	$ 413
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Hedged forecasted transactions				30 years 5 months
Notional Amount	$ 3,051			$ 3,051			$ 3,970
Interest rate contracts | Cash Flow Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Loss related to interest rate swaps		$ (34)
Expected transfers of unrealized gains (losses) to earnings, within next 12 months				$ 2
Commodity contracts
Derivative Instruments, Gain (Loss) [Line Items]
Hedged forecasted transactions				15 months
Notional Amount	617			$ 617			1,569
Commodity contracts | Cash Flow Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Expected transfers of unrealized gains (losses) to earnings, within next 12 months				$ 28
Currency exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Hedged forecasted transactions				15 months
Currency exchange contracts | Cash Flow Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Expected transfers of unrealized gains (losses) to earnings, within next 12 months				$ 10
Foreign Exchange Forward | Economic Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Expected cash receipt related to planned coffee business transactions, amount hedged | €						€ 4
Notional Amount | €						€ 1.6
Interest and other expense / (income) | Foreign Exchange Forward | Economic Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized gains (losses) recorded in earnings related to planned coffee business transactions	19		$ 420	405	$ 413
Realized gains (losses) recorded in earnings related to planned coffee business transactions	(4)			17
Quoted Prices In Active Markets For Identical Assets (Level 1)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative liabilities after effects of netting							3
Quoted Prices In Active Markets For Identical Assets (Level 1) | Exchange Traded Options
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets after effects of netting	32			32			38
Quoted Prices In Active Markets For Identical Assets (Level 1) | Exchange Traded Options | Other current assets
Derivative Instruments, Gain (Loss) [Line Items]
Margin deposits related to exchange traded derivatives	40			40			84
Significant Other Observable Inputs (Level 2)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets after effects of netting	66			66			72
Derivative liabilities after effects of netting	$ 117			$ 117			$ 156

Notional Values of Derivative I

Notional Values of Derivative Instruments (Detail) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Net investment hedge | Euro notes
Derivative [Line Items]
Notional Amount	$ 4,471	$ 3,932
Net investment hedge | Pound sterling notes
Derivative [Line Items]
Notional Amount	1,210	545
Net investment hedge | Swiss franc notes
Derivative [Line Items]
Notional Amount	694
Currency exchange contracts | Intercompany loans and forecasted interest payments
Derivative [Line Items]
Notional Amount	3,657	3,640
Currency exchange contracts | Forecasted transactions
Derivative [Line Items]
Notional Amount	1,660	6,681
Commodity contracts
Derivative [Line Items]
Notional Amount	617	1,569
Interest rate contracts
Derivative [Line Items]
Notional Amount	$ 3,051	$ 3,970

Schedule of Cash Flow Hedges Ef

Schedule of Cash Flow Hedges Effect on Accumulated Other Comprehensive Income, Net of Taxes (Detail) - Cash Flow Hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Accumulated gain / (loss) at beginning of period	$ (53)	$ 44	$ (2)	$ 117
Transfer of realized losses / (gains) in fair value to earnings	60	(17)	6	(20)
Unrealized gain / (loss) in fair value	(69)	47	(66)	(23)
Accumulated gain / (loss) at end of period	$ (62)	$ 74	$ (62)	$ 74

Effects of Cash Flow Hedges (De

Effects of Cash Flow Hedges (Detail) - Cash Flow Hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	$ (60)	$ 17	$ (6)	$ 20
Gains / (losses) recognized in OCI	(69)	47	(66)	(23)
Currency exchange contracts | Forecasted transactions
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	(11)	12	73	8
Gains / (losses) recognized in OCI	8	58	33	65
Commodity contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	(49)	5	(53)	14
Gains / (losses) recognized in OCI	(38)	7	(61)	10
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings			(26)	(2)
Gains / (losses) recognized in OCI	$ (39)	$ (18)	$ (38)	$ (98)

Fair Value Hedges (Detail)

Fair Value Hedges (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (loss) recognized in income on fair value of hedges	$ 4	$ (13)	$ 8	$ 1
Long-term Debt
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (loss) recognized in income on fair value of hedges	$ (4)	$ 13	$ (8)	$ (1)

Economic Hedges (Detail)

Economic Hedges (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings			$ 436	$ 413
Derivatives Not Designated as Hedging Instruments | Economic Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings	$ (7)	$ 411	323	388
Derivatives Not Designated as Hedging Instruments | Economic Hedging | Interest rate contracts | Interest and other expense / (income)
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings		(1)
Derivatives Not Designated as Hedging Instruments | Economic Hedging | Commodity contracts | Cost of Sales
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings	(99)	(36)	(158)	(4)
Derivatives Not Designated as Hedging Instruments | Economic Hedging | Intercompany loans and forecasted interest payments | Currency exchange contracts | Interest and other expense / (income)
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings	8	4	22	5
Derivatives Not Designated as Hedging Instruments | Economic Hedging | Forecasted transactions | Currency exchange contracts | Interest and other expense / (income)
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings	36	419	437	405
Derivatives Not Designated as Hedging Instruments | Economic Hedging | Forecasted transactions | Currency exchange contracts | Cost of Sales
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings	43	29	33	(11)
Derivatives Not Designated as Hedging Instruments | Economic Hedging | Forecasted transactions | Currency exchange contracts | Selling, general and administrative expenses
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings	$ 5	$ (4)	$ (11)	$ (7)

Hedges of Net Investments in In

Hedges of Net Investments in International Operations (Detail) - Net investment hedge - Currency Translation Adjustments - Currency exchange contracts - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Euro notes
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) recognized in OCI	$ (8)	$ 219	$ 188	$ 219
Pound sterling notes
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) recognized in OCI	30	$ 37	17	$ 14
Swiss franc notes
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) recognized in OCI	$ 18		$ (13)

Benefit Plans - Additional Info

Benefit Plans - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Jul. 02, 2015
Coffee Business
Defined Benefit Plan Disclosure [Line Items]
Benefit plan liabilities divested		$ 146
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Employer contribution	$ 211
Estimated future employer contributions for remainder of the year	3
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Employer contribution	212
Estimated future employer contributions for remainder of the year	$ 114
Non-U.S. Pension Plans | Coffee Business
Defined Benefit Plan Disclosure [Line Items]
Deferred tax assets transferred		$ 25

Components of Net Pension Cost

Components of Net Pension Cost (Detail) - USD ($) $ in Millions		Jul. 02, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Coffee Business
Defined Benefit Plan Disclosure [Line Items]
Settlement losses		$ 49
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost			$ 16	$ 14	$ 48	$ 42
Interest cost			16	16	50	49
Expected return on plan assets			(23)	(21)	(70)	(61)
Net loss from experience differences			11	7	33	22
Prior service cost	[1]				1	1
Settlement losses	[2]		2	14	15	20
Net periodic benefit cost			22	30	77	73
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost			44	47	145	136
Interest cost			77	99	231	296
Expected return on plan assets			(120)	(123)	(358)	(371)
Net loss from experience differences			33	26	110	80
Prior service cost	[1]				16	1
Settlement losses	[2]			(5)		5
Net periodic benefit cost			$ 34	$ 44	$ 144	$ 147
[1]	For the nine months ended September 30, 2015, amortization of prior service cost includes $17 million of pension curtailment losses related to employees who transitioned to JDE upon the contribution of our global coffee business. Refer to Note 2, Divestitures and Acquisitions - Coffee Business Transactions, for more information.
[2]	Settlement losses include $1 million for the three months and $7 million for the nine months ended September 30, 2015 of pension settlement losses for employees who elected lump-sum payments in connection with our 2014-2018 Restructuring Program. See Note 6, Restructuring Programs, for more information. We recorded an additional $49 million of pension settlement losses related to the coffee business transactions within the gain on the coffee business transactions. Refer to Note 2, Divestitures and Acquisitions - Coffee Business Transactions, for more information.

Components of Net Pension Cos70

Components of Net Pension Cost (Parenthetical) (Detail) - Severance and Related Costs - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Pension curtailment losses		$ (17)
2014-2018 Restructuring Program
Defined Benefit Plan Disclosure [Line Items]
Settlement losses	$ 1	$ 7

Components of Net Postretiremen

Components of Net Postretirement Health Care Costs (Detail) - Postretirement Benefit Plans - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 4	$ 4	$ 11	$ 10
Interest cost	5	5	17	16
Net loss from experience differences	3	1	10	4
Prior service credit	(1)	(3)	(5)	(8)
Net periodic benefit cost	$ 11	$ 7	$ 33	$ 22

Components of Net Postemploymen

Components of Net Postemployment Costs (Detail) - Postemployment Benefit Plans - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 2	$ 2	$ 5	$ 6
Interest cost	1	2	4	5
Net periodic benefit cost	$ 3	$ 4	$ 9	$ 11

Stock Option Activity (Detail)

Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Shares subject to option
Beginning balance	56,431,551
Options granted	9,780,030
Options exercised	(5,573,601)
Options cancelled	(2,435,433)
Ending balance	58,202,547
Weighted-average exercise price
Beginning balance	$ 24.19
Options granted	36.83
Options exercised	23.03
Options cancelled	32.21
Ending balance	$ 26.09
Aggregate intrinsic value
Options exercised	$ 88
Aggregate Intrinsic Value	$ 233	$ 685
Annual grant to eligible employees
Shares subject to option
Options granted	8,899,530
Weighted-average exercise price
Options granted	$ 36.94
Additional granted
Shares subject to option
Options granted	880,500
Weighted-average exercise price
Options granted	$ 35.70

Restricted Stock, Deferred Stoc

Restricted Stock, Deferred Stock Unit and Performance Share Unit Activity (Detail) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2015USD ($)$ / sharesshares
Number of Shares
Beginning balance	10,582,640
Shares granted	3,697,649
Vested	(3,442,710)
Forfeited	(1,160,533)
Ending balance	9,677,046
Weighted-average grant date fair value per share
Beginning balance | $ / shares	$ 28.56
Shares granted | $ / shares	37.05
Vested | $ / shares	37.18
Forfeited | $ / shares	32.17
Ending balance | $ / shares	$ 28.31
Weighted-Average Aggregate Fair Value
Total shares granted | $	$ 137
Vested | $	$ 128
Performance Share Units
Number of Shares
Shares granted	1,598,290
Grant date
Grant date	Feb. 18, 2015
Weighted-average grant date fair value per share
Shares granted | $ / shares	$ 36.94
Restricted Stock
Number of Shares
Shares granted	386,910
Grant date
Grant date	Feb. 18, 2015
Weighted-average grant date fair value per share
Shares granted | $ / shares	$ 36.94
Deferred Stock Units
Number of Shares
Shares granted	866,640
Grant date
Grant date	Feb. 18, 2015
Weighted-average grant date fair value per share
Shares granted | $ / shares	$ 36.94
Additional granted
Number of Shares
Shares granted	845,809	[1]
Weighted-average grant date fair value per share
Shares granted | $ / shares	$ 37.44	[1]
[1]	Includes performance share units, restricted stock and deferred stock units.

Stock Plans - Additional Inform

Stock Plans - Additional Information (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	Jul. 29, 2015	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost of shares repurchased		$ 3,084		$ 1,891
Payment for repurchase of common stock		$ 3,003	$ 1,020
Common Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase expiration date		Dec. 31, 2016
Stock repurchase value					$ 7,700
Number of shares repurchased		79.7
Average cost of shares repurchased		$ 38.69
Cost of shares repurchased		$ 3,100		$ 1,900	$ 2,700	$ 7,700
Payment for repurchase of common stock		3,000
Stock repurchase remaining amount		$ 6,000				$ 6,000
Common Class A | Share Repurchase Program amended July 29, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase expiration date	Dec. 31, 2018
Stock repurchase value	$ 13,700
Increase in share repurchase value	$ 6,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - 9 months ended Sep. 30, 2015 ₨ in Billions	USD ($)	INR (₨)
Indian Department of Central Excise Authority | Cadbury
Loss Contingencies [Line Items]
Amount for formal claim of notice presented for unpaid excise tax, as of the balance sheet date	$ 57,000,000	₨ 3.7
Indian Department of Central Excise Authority | Cadbury | Show case notice
Loss Contingencies [Line Items]
Amount for formal claim of notice presented for unpaid excise tax, as of the balance sheet date	16,000,000	1
Indian Department of Central Excise Authority | Cadbury | Maximum
Loss Contingencies [Line Items]
Tax penalties and interest expense	89,000,000	5.8
Indian Department of Central Excise Authority | Cadbury | Maximum | Show case notice
Loss Contingencies [Line Items]
Tax penalties and interest expense	$ 16,000,000	₨ 1
U.S. Commodity Futures Trading Commission ("CFTC")
Loss Contingencies [Line Items]
Loss contingency, filling date	April 1, 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

Components of Accumulated Other

Components of Accumulated Other Comprehensive Earnings / (Losses) (Detail) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balances		$ (7,318)	$ (2,889)
Currency translation adjustment	[1]	(2,652)	(1,979)
Pension and other benefits		99	16
Derivatives accounted for as hedges		200	305
Losses / (gains) reclassified into net earnings		256	103
Tax (expense) / benefit		(194)	(140)
Total other comprehensive earnings / (losses)		(2,291)	(1,695)
Ending balances		(9,609)	(4,584)
Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balances		(5,042)	(1,414)
Currency translation adjustment	[1]	(2,749)	(2,069)
Derivatives accounted for as hedges		303	383
Tax (expense) / benefit		(111)	(150)
Ending balances		(7,599)	(3,250)
Pension and other benefits
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balances		(2,274)	(1,592)
Currency translation adjustment	[1]	97	90
Pension and other benefits		99	16
Losses / (gains) reclassified into net earnings		229	125
Tax (expense) / benefit		(99)	(47)
Ending balances		(1,948)	(1,408)
Derivatives accounted for as hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balances		(2)	117
Derivatives accounted for as hedges		(103)	(78)
Losses / (gains) reclassified into net earnings		27	(22)
Tax (expense) / benefit		16	57
Ending balances		$ (62)	$ 74
[1]	The condensed consolidated statement of other comprehensive earnings includes currency translation adjustment attributable to noncontrolling interests of $(22) million for the nine months ended September 30, 2015 and $(19) million for the nine months ended September 30, 2014.

Components of Accumulated Oth78

Components of Accumulated Other Comprehensive Earnings / (Losses) (Parenthetical) (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Currency translation adjustment attributable to noncontrolling interests	$ (22)	$ (19)

Amounts Reclassified from Accum

Amounts Reclassified from Accumulated Other Comprehensive Earnings (Losses) (Detail) - USD ($) $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Reclassification of losses / (gains) into net earnings:
Amortization of experience losses and prior service costs		$ 46	$ 31	$ 165	$ 100
Interest and other expense / (income)		(114)	227	(814)	(717)
Settlement losses		51	9	64	25
Provision for income taxes		(348)	(178)	(561)	(242)
Cost of sales		(4,179)	(5,195)	(13,595)	(15,963)
Net earnings		7,268	902	8,007	1,694	$ 2,201
Reclassification out of Accumulated Other Comprehensive Income
Reclassification of losses / (gains) into net earnings:
Net earnings		134	(2)	172	59
Reclassification out of Accumulated Other Comprehensive Income | Pension and other benefits
Reclassification of losses / (gains) into net earnings:
Amortization of experience losses and prior service costs	[1]	46	31	165	100
Settlement losses	[1]	51	9	64	25
Provision for income taxes		(28)	(26)	(64)	(47)
Reclassification out of Accumulated Other Comprehensive Income | Derivatives accounted for as hedges
Reclassification of losses / (gains) into net earnings:
Provision for income taxes		(10)	2	(20)	3
Reclassification out of Accumulated Other Comprehensive Income | Derivatives accounted for as hedges | Currency exchange contracts | Forecasted transactions
Reclassification of losses / (gains) into net earnings:
Cost of sales		13	(13)	(79)	(9)
Reclassification out of Accumulated Other Comprehensive Income | Derivatives accounted for as hedges | Commodity contracts
Reclassification of losses / (gains) into net earnings:
Cost of sales		$ 62	$ (5)	65	(16)
Reclassification out of Accumulated Other Comprehensive Income | Derivatives accounted for as hedges | Interest rate contracts
Reclassification of losses / (gains) into net earnings:
Interest and other expense / (income)				$ 41	$ 3
[1]	These items are included in the components of net periodic benefit costs disclosed in Note 9, Benefit Plans.

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2015	Dec. 31, 2014
Income Tax Contingency [Line Items]
Impact on provision for income tax, out-of-period adjustments	$ (5)			$ 20	$ 6	$ 15
Effective tax rate	4.50%			16.50%	6.50%	12.50%		21.20%
Net unfavorable tax charge related to the sale of joint venture		$ 22	$ 32		$ 54
Net favorable tax audit settlements and expirations of statutes of limitations	$ 40			$ 109	75
Gains on divestitures	7,122				$ 7,135
Total favorable discrete items				65		$ 169
Tax return to provision adjustments				$ 20
Coffee Business
Income Tax Contingency [Line Items]
Gains on divestitures	7,122
Tax expense on gains from divestitures	197
Tax costs incurred to remit proceeds up from lower-tier foreign subsidiaries	$ 21
Scenario, Forecast
Income Tax Contingency [Line Items]
Estimated effective tax rate							23.10%

Basic and Diluted Earnings per

Basic and Diluted Earnings per Share (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Earnings Per Share [Line Items]
Net earnings	$ 7,268	$ 902	$ 8,007	$ 1,694	$ 2,201
Noncontrolling interest	2	3	11	10
Net earnings attributable to Mondelez International	$ 7,266	$ 899	$ 7,996	$ 1,684
Weighted-average shares for basic EPS	1,609	1,688	1,627	1,695
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares	20	17	19	18
Weighted-average shares for diluted EPS	1,629	1,705	1,646	1,713
Basic earnings per share attributable to Mondelez International	$ 4.52	$ 0.53	$ 4.91	$ 0.99
Diluted earnings per share attributable to Mondelez International	$ 4.46	$ 0.53	$ 4.86	$ 0.98

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Mondelez International stock options excluded from the calculation of diluted EPS		9.7	10.8	8.1
Maximum
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Mondelez International stock options excluded from the calculation of diluted EPS	1

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail) $ in Millions	3 Months Ended		6 Months Ended	9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Sep. 30, 2015USD ($)Segment	Sep. 30, 2014USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | Segment				5
Stock-based compensation expense				$ 98	$ 104
Operating income	$ 7,802	$ 853		9,454	2,653
Corporate | Scenario, Adjustment
Segment Reporting Information [Line Items]
Stock-based compensation expense	7			22
North America Segment
Segment Reporting Information [Line Items]
Operating income	275	272		817	744
North America Segment | Equity Method Investments
Segment Reporting Information [Line Items]
Operating income		3	$ 4		7
North America Segment | Scenario, Previously Reported
Segment Reporting Information [Line Items]
Stock-based compensation expense	7			22
Asia Pacific Segment
Segment Reporting Information [Line Items]
Operating income	71	65		321	364
Asia Pacific Segment | Equity Method Investments
Segment Reporting Information [Line Items]
Operating income		19	49		73
EEMEA Segment
Segment Reporting Information [Line Items]
Operating income	$ 52	93		$ 184	303
EEMEA Segment | Equity Method Investments
Segment Reporting Information [Line Items]
Operating income		$ 1	$ 3		$ 3

Net Revenues by Segment (Detail

Net Revenues by Segment (Detail) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	[1]	Sep. 30, 2015	Sep. 30, 2014	[1]
Segment Reporting Information [Line Items]
Net revenues	$ 6,849	$ 8,337		$ 22,272	$ 25,414
Latin America Segment
Segment Reporting Information [Line Items]
Net revenues	1,233	1,315		3,730	3,913
Asia Pacific Segment
Segment Reporting Information [Line Items]
Net revenues	1,101	1,153		3,278	3,460
EEMEA Segment
Segment Reporting Information [Line Items]
Net revenues	586	894		2,150	2,740
Europe Segment
Segment Reporting Information [Line Items]
Net revenues	2,173	3,215		7,963	10,151
North America Segment
Segment Reporting Information [Line Items]
Net revenues	$ 1,756	$ 1,760		$ 5,151	$ 5,150
[1]	During 2014, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2015 presentation.

Operating Income by Segment (De

Operating Income by Segment (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting Information [Line Items]
General corporate expenses	$ (95)	$ (56)	$ (240)	$ (191)
Amortization of intangibles	(45)	(48)	(137)	(157)
Gains on coffee business transactions and divestiture	7,122		7,135
Acquisition-related costs	(6)		(8)
Operating income	7,802	853	9,454	2,653
Interest and other (expense) / income	(114)	227	(814)	(717)
Earnings before income taxes	7,688	1,080	8,640	1,936
Cost of Sales
Segment Reporting Information [Line Items]
Unrealized gains / (losses) on hedging activities	(4)	39	75	(8)
Latin America Segment
Segment Reporting Information [Line Items]
Operating income	134	120	422	304
Asia Pacific Segment
Segment Reporting Information [Line Items]
Operating income	71	65	321	364
EEMEA Segment
Segment Reporting Information [Line Items]
Operating income	52	93	184	303
Europe Segment
Segment Reporting Information [Line Items]
Operating income	298	368	885	1,294
North America Segment
Segment Reporting Information [Line Items]
Operating income	$ 275	$ 272	$ 817	$ 744

Total Assets by Segment (Detail

Total Assets by Segment (Detail) - USD ($) $ in Millions		Sep. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total assets	[1]	$ 66,390	$ 66,815
Equity Method Investments
Segment Reporting Information [Line Items]
Total assets	[1]	4,895	662
Latin America Segment
Segment Reporting Information [Line Items]
Total assets	[1]	5,654	6,470
Asia Pacific Segment
Segment Reporting Information [Line Items]
Total assets	[1],[2]	8,057	8,068
EEMEA Segment
Segment Reporting Information [Line Items]
Total assets	[1],[2]	4,100	5,153
Europe Segment
Segment Reporting Information [Line Items]
Total assets	[1],[2]	21,993	24,568
North America Segment
Segment Reporting Information [Line Items]
Total assets	[1]	21,332	21,287
Unallocated Assets
Segment Reporting Information [Line Items]
Total assets	[1],[3]	$ 359	$ 607
[1]	Beginning in the third quarter of 2015, earnings from equity method investees are reported outside of segment operating income, as discussed above in this Note and Note 1, Basis of Presentation - Equity Method Investments, and outside of segment assets. We reclassified equity method investments above as of December 31, 2014 on a basis consistent with the 2015 presentation.
[2]	On July 2, 2015, we deconsolidated our global coffee businesses, primarily from our Europe, EEMEA and Asia Pacific segments. See Note 2, Divestitures and Acquisitions - Coffee Business Transactions, for more information.
[3]	Unallocated assets consist primarily of cash and cash equivalents, deferred income taxes, centrally held property, plant and equipment, prepaid pension assets and derivative financial instrument balances.

Net Revenues by Consumer Sector

Net Revenues by Consumer Sector (Detail) - USD ($) $ in Millions		3 Months Ended			9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	[1]	Sep. 30, 2015	Sep. 30, 2014	[1]
Segment Reporting Information [Line Items]
Net revenues		$ 6,849	$ 8,337		$ 22,272	$ 25,414
Biscuits
Segment Reporting Information [Line Items]
Net revenues		2,904	2,891		8,469	8,728
Chocolate
Segment Reporting Information [Line Items]
Net revenues		1,936	2,238		5,746	6,732
Gum & Candy
Segment Reporting Information [Line Items]
Net revenues		1,033	1,175		3,207	3,494
Beverages
Segment Reporting Information [Line Items]
Net revenues	[2]	342	1,282		2,889	4,173
Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues		634	751		1,961	2,287
Latin America Segment
Segment Reporting Information [Line Items]
Net revenues		1,233	1,315		3,730	3,913
Latin America Segment | Biscuits
Segment Reporting Information [Line Items]
Net revenues		428	338		1,144	998
Latin America Segment | Chocolate
Segment Reporting Information [Line Items]
Net revenues		184	253		680	833
Latin America Segment | Gum & Candy
Segment Reporting Information [Line Items]
Net revenues		262	314		852	893
Latin America Segment | Beverages
Segment Reporting Information [Line Items]
Net revenues	[2]	178	232		570	684
Latin America Segment | Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues		181	178		484	505
Asia Pacific Segment
Segment Reporting Information [Line Items]
Net revenues		1,101	1,153		3,278	3,460
Asia Pacific Segment | Biscuits
Segment Reporting Information [Line Items]
Net revenues		356	294		940	898
Asia Pacific Segment | Chocolate
Segment Reporting Information [Line Items]
Net revenues		370	408		1,074	1,155
Asia Pacific Segment | Gum & Candy
Segment Reporting Information [Line Items]
Net revenues		171	191		550	585
Asia Pacific Segment | Beverages
Segment Reporting Information [Line Items]
Net revenues	[2]	76	100		324	359
Asia Pacific Segment | Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues		128	160		390	463
EEMEA Segment
Segment Reporting Information [Line Items]
Net revenues		586	894		2,150	2,740
EEMEA Segment | Biscuits
Segment Reporting Information [Line Items]
Net revenues		125	165		396	483
EEMEA Segment | Chocolate
Segment Reporting Information [Line Items]
Net revenues		232	287		627	751
EEMEA Segment | Gum & Candy
Segment Reporting Information [Line Items]
Net revenues		134	152		418	499
EEMEA Segment | Beverages
Segment Reporting Information [Line Items]
Net revenues	[2]	45	227		502	782
EEMEA Segment | Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues		50	63		207	225
Europe Segment
Segment Reporting Information [Line Items]
Net revenues		2,173	3,215		7,963	10,151
Europe Segment | Biscuits
Segment Reporting Information [Line Items]
Net revenues		592	712		1,828	2,228
Europe Segment | Chocolate
Segment Reporting Information [Line Items]
Net revenues		1,086	1,214		3,204	3,804
Europe Segment | Gum & Candy
Segment Reporting Information [Line Items]
Net revenues		177	216		558	677
Europe Segment | Beverages
Segment Reporting Information [Line Items]
Net revenues	[2]	43	723		1,493	2,348
Europe Segment | Cheese & Grocery
Segment Reporting Information [Line Items]
Net revenues		275	350		880	1,094
North America Segment
Segment Reporting Information [Line Items]
Net revenues		1,756	1,760		5,151	5,150
North America Segment | Biscuits
Segment Reporting Information [Line Items]
Net revenues		1,403	1,382		4,161	4,121
North America Segment | Chocolate
Segment Reporting Information [Line Items]
Net revenues		64	76		161	189
North America Segment | Gum & Candy
Segment Reporting Information [Line Items]
Net revenues		$ 289	$ 302		$ 829	$ 840
[1]	During 2014, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2015 presentation.
[2]	On July 2, 2015, we contributed our global coffee businesses primarily from our Europe, EEMEA and Asia Pacific segment beverage categories. The year-over-year decrease in beverages primarily reflects the coffee business transactions and unfavorable currency on our remaining beverage business. The impact of deconsolidating our coffee businesses on July 2, 2015 was $670 million in Europe, $169 million in EEMEA and $16 million in Asia Pacific on a year-over-year third quarter and constant currency basis. The impact of deconsolidating our coffee businesses on July 2, 2015 was $824 million in Europe, $250 million in EEMEA, $10 million in Asia Pacific and $2 million in Latin America on a year-over-year nine month period and constant currency basis. Refer to Note 2, Divestitures and Acquisitions - Coffee Business Transactions, for more information.

Net Revenues by Consumer Sect88

Net Revenues by Consumer Sector (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	[1]	Sep. 30, 2015	Sep. 30, 2014	[1]
Segment Reporting Information [Line Items]
Net revenues	$ 6,849	$ 8,337		$ 22,272	$ 25,414
Latin America Segment
Segment Reporting Information [Line Items]
Net revenues	1,233	1,315		3,730	3,913
Asia Pacific Segment
Segment Reporting Information [Line Items]
Net revenues	1,101	1,153		3,278	3,460
EEMEA Segment
Segment Reporting Information [Line Items]
Net revenues	586	894		2,150	2,740
Europe Segment
Segment Reporting Information [Line Items]
Net revenues	2,173	$ 3,215		7,963	$ 10,151
Coffee Business | Latin America Segment | Constant Currency | Variance
Segment Reporting Information [Line Items]
Net revenues				2
Coffee Business | Asia Pacific Segment | Constant Currency | Variance
Segment Reporting Information [Line Items]
Net revenues	16			10
Coffee Business | EEMEA Segment | Constant Currency | Variance
Segment Reporting Information [Line Items]
Net revenues	169			250
Coffee Business | Europe Segment | Constant Currency | Variance
Segment Reporting Information [Line Items]
Net revenues	$ 670			$ 824
[1]	During 2014, we realigned some of our products across product categories and as such, we reclassified the product category net revenues on a basis consistent with the 2015 presentation.