Mondelez International (MDLZ) 10-K 24 Feb 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2016	Feb. 17, 2017	Jun. 30, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	MDLZ
Entity Registrant Name	Mondelez International, Inc.
Entity Central Index Key	1,103,982
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		1,526,612,169
Entity Public Float			$ 71

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net revenues	[1]	$ 25,923	$ 29,636	$ 34,244
Cost of sales		15,795	18,124	21,647
Gross profit		10,128	11,512	12,597
Selling, general and administrative expenses		6,540	7,577	8,457
Asset impairment and exit costs		852	901	692
Gains / (loss) on JDE coffee business transactions and divestiture		(9)	(6,822)
Loss on deconsolidation of Venezuela			778
Amortization of intangibles		176	181	206
Operating income (loss)		2,569	8,897	3,242
Interest and other expense, net		1,115	1,013	688
Earnings before income taxes		1,454	7,884	2,554
Provision for income taxes		(129)	(593)	(353)
Gain on equity method investment exchange		43
Equity method investment net earnings		301
Net earnings		1,669	7,291	2,201
Noncontrolling interest earnings		(10)	(24)	(17)
Net earnings attributable to Mondelez International		$ 1,659	$ 7,267	$ 2,184
Per share data:
Basic earnings per share attributable to Mondelez International		$ 1.07	$ 4.49	$ 1.29
Diluted earnings per share attributable to Mondelez International		1.05	4.44	1.28
Dividends declared		$ 0.72	$ 0.64	$ 0.58
[1]	In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

Consolidated Statements of Com3

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net earnings	$ 1,669	$ 7,291	$ 2,201
Other comprehensive earnings / (losses), net of tax:
Currency translation adjustment	(925)	(2,990)	(3,661)
Pension and other benefit plans	(153)	340	(682)
Derivative cash flow hedges	(75)	(44)	(119)
Total other comprehensive earnings / (losses)	(1,153)	(2,694)	(4,462)
Comprehensive earnings / (losses)	516	4,597	(2,261)
less: Comprehensive earnings / (losses) attributable to noncontrolling interests	(7)	(2)	(16)
Comprehensive earnings / (losses) attributable to Mondelez International	$ 523	$ 4,599	$ (2,245)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 1,741	$ 1,870
Trade receivables (net of allowances of $58 at December 31, 2016 and $54 at December 31, 2015)	2,611	2,634
Other receivables (net of allowances of $93 at December 31, 2016 and $109 at December 31, 2015)	859	1,212
Inventories, net	2,469	2,609
Other current assets	800	633
Total current assets	8,480	8,958
Property, plant and equipment, net	8,229	8,362
Goodwill	20,276	20,664
Intangible assets, net	18,101	18,768
Prepaid pension assets	159	69
Deferred income taxes	358	277
Equity method investments	5,585	5,387
Other assets	350	358
TOTAL ASSETS	61,538	62,843
LIABILITIES
Short-term borrowings	2,531	236
Current portion of long-term debt	1,451	605
Accounts payable	5,318	4,890
Accrued marketing	1,745	1,634
Accrued employment costs	736	844
Other current liabilities	2,636	2,713
Total current liabilities	14,417	10,922
Long-term debt	13,217	14,557
Deferred income taxes	4,721	4,750
Accrued pension costs	2,014	2,183
Accrued postretirement health care costs	382	499
Other liabilities	1,572	1,832
TOTAL LIABILITIES	36,323	34,743
Commitments and Contingencies (Note 12)
EQUITY
Common Stock, no par value (5,000,000,000 shares authorized and 1,996,537,778 shares issued at December 31, 2016 and December 31, 2015)	0	0
Additional paid-in capital	31,847	31,760
Retained earnings	21,149	20,700
Accumulated other comprehensive losses	(11,122)	(9,986)
Treasury stock, at cost (468,172,237 shares at December 31, 2016 and 416,504,624 shares at December 31, 2015)	(16,713)	(14,462)
Total Mondelez International Shareholders' Equity	25,161	28,012
Noncontrolling interest	54	88
TOTAL EQUITY	25,215	28,100
TOTAL LIABILITIES AND EQUITY	$ 61,538	$ 62,843

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Trade receivables, allowances	$ 58	$ 54
Other receivables, allowances	$ 93	$ 109
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	468,172,237	416,504,624

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Millions	Total	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Earnings/(Losses)	Treasury Stock	Noncontrolling Interest
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 earnings (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 ( $0.72 per share for 2016, $0.64 per share for 2015, and $0.58 per share 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	7,291		7,267			24
Other comprehensive earnings (losses), net of income taxes	(2,694)			(2,668)		(26)
Exercise of stock options and issuance of other stock awards	311	109	(70)		272
Common Stock repurchased	(3,622)				(3,622)
Cash dividends declared ( $0.72 per share for 2016, $0.64 per share for 2015, and $0.58 per share for 2014)	(1,026)		(1,026)
Dividends paid on noncontrolling interest and other activities	(13)					(13)
Balances at Dec. 31, 2015	28,100	31,760	20,700	(9,986)	(14,462)	88
Comprehensive earnings / (losses):
Net earnings	1,669		1,659			10
Other comprehensive earnings (losses), net of income taxes	(1,153)			(1,136)		(17)
Exercise of stock options and issuance of other stock awards	343	87	(94)		350
Common Stock repurchased	(2,601)				(2,601)
Cash dividends declared ( $0.72 per share for 2016, $0.64 per share for 2015, and $0.58 per share for 2014)	(1,116)		(1,116)
Dividends paid on noncontrolling interest and other activities	(27)					(27)
Balances at Dec. 31, 2016	$ 25,215	$ 31,847	$ 21,149	$ (11,122)	$ (16,713)	$ 54

Consolidated Statements of Equ7

Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash dividends declared, per share	$ 0.19	$ 0.19	$ 0.17	$ 0.17	$ 0.17	$ 0.17	$ 0.15	$ 0.15	$ 0.72	$ 0.64	$ 0.58

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES
Net earnings	$ 1,669	$ 7,291	$ 2,201
Adjustments to reconcile net earnings to operating cash flows:
Depreciation and amortization	823	894	1,059
Stock-based compensation expense	140	136	141
Deferred income tax benefit	(141)	(30)	(186)
Asset impairments and accelerated depreciation	446	345	240
Loss on early extinguishment of debt	428	748	493
Loss on deconsolidation of Venezuela		778
Gains on divestitures and JDE coffee business transactions	(9)	(6,822)
JDE coffee business transactions currency-related net gains		(436)	(628)
Gain on equity method investment exchange	(43)
Equity method investment net earnings	(301)	(56)	(113)
Distributions from equity method investments	75	58	63
Other non-cash items, net	(43)	199	(134)
Change in assets and liabilities, net of acquisitions and divestitures:
Receivables, net	31	44	184
Inventories, net	62	(49)	(188)
Accounts payable	409	659	387
Other current assets	(176)	28	(86)
Other current liabilities	60	152	135
Change in pension and postretirement assets and liabilities, net	(592)	(211)	(6)
Net cash provided by operating activities	2,838	3,728	3,562
CASH PROVIDED BY / (USED IN) INVESTING ACTIVITIES
Capital expenditures	(1,224)	(1,514)	(1,642)
Proceeds from JDE coffee business transactions currency hedge settlements		1,050
Acquisitions, net of cash received	(246)	(527)	(7)
Proceeds from JDE coffee business transaction and divestitures, net of disbursements	303	4,735
Reduction of cash due to Venezuela deconsolidation		(611)
Capital contribution to JDE		(544)
Proceeds from sale of property, plant and equipment and other assets	138	60	7
Net cash (used in) / provided by investing activities	(1,029)	2,649	(1,642)
CASH PROVIDED BY / (USED IN) FINANCING ACTIVITIES
Issuances of commercial paper, maturities greater than 90 days	1,540	613	2,082
Repayments of commercial paper, maturities greater than 90 days	(1,031)	(710)	(2,713)
Net (repayments) / issuances of other short-term borrowings	1,741	(931)	398
Long-term debt proceeds	5,640	4,624	3,032
Long-term debt repaid	(6,186)	(4,975)	(3,017)
Repurchase of Common Stock	(2,601)	(3,622)	(1,700)
Dividends paid	(1,094)	(1,008)	(964)
Other	129	126	194
Net cash used in financing activities	(1,862)	(5,883)	(2,688)
Effect of exchange rate changes on cash and cash equivalents	(76)	(255)	(223)
Cash and cash equivalents:
(Decrease) / increase	(129)	239	(991)
Balance at beginning of period	1,870	1,631	2,622
Balance at end of period	1,741	1,870	1,631
Cash paid:
Interest	630	747	827
Income taxes	$ 527	$ 745	$ 1,238

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies	Note 1. Summary of Significant Accounting Policies Description of Business: Mondelēz International, Inc. was incorporated in 2000 in the Commonwealth of Virginia. Mondelēz International, Inc., through its subsidiaries (collectively “Mondelēz International,” “we,” “us” and “our”), sells food and beverage products to consumers in approximately 165 countries. Principles of Consolidation: The consolidated financial statements include Mondelēz International, Inc. as well as our wholly owned and majority owned subsidiaries. For all periods presented through December 31, 2015, the operating results of our Venezuelan subsidiaries are included in our consolidated financial statements. As of the close of the fourth quarter of 2015, we deconsolidated our Venezuelan operations from our consolidated financial statements and recognized a loss on deconsolidation. See Currency Translation and Highly Inflationary Accounting: Venezuela We account for investments in which we exercise significant influence (20%-50% after-tax Divestitures and Acquisitions – JDE Coffee Business Transactions Keurig Transaction Segment Reporting We use the cost method of accounting for investments in which we have an ownership interest of less than 20% and in which we do not exercise significant influence. The noncontrolling interest represents the noncontrolling investors’ interests in the results of subsidiaries that we control and consolidate. All intercompany transactions are eliminated. Use of Estimates: We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which require us to make estimates and assumptions that affect a number of amounts in our consolidated financial statements. Significant accounting policy elections, estimates and assumptions include, among others, pension and benefit plan assumptions, valuation assumptions of goodwill and intangible assets, useful lives of long-lived assets, restructuring program liabilities, marketing program accruals, insurance and self-insurance reserves and income taxes. We base our estimates on historical experience and other assumptions that we believe are reasonable. If actual amounts differ from estimates, we include the revisions in our consolidated results of operations in the period the actual amounts become known. Historically, the aggregate differences, if any, between our estimates and actual amounts in any year have not had a material effect on our consolidated financial statements. Segment Change: On October 1, 2016, we integrated our Eastern Europe, Middle East, and Africa (“EEMEA”) operating segment into our Europe and Asia Pacific operating segments to further leverage and optimize the operating scale built within the Europe and Asia Pacific regions. Russia, Ukraine, Turkey, Belarus, Georgia and Kazakhstan were combined within our Europe region, while the remaining Middle East and African countries were combined within our Asia Pacific region to form a new Asia, Middle East and Africa (“AMEA”) operating segment. We have reflected the segment change as if it had occurred in all periods presented. As of October 1, 2016, our operations and management structure was organized into four reportable operating segments: • Latin America • AMEA • Europe • North America See Note 16, Segment Reporting Currency Translation and Highly Inflationary Accounting: We translate the results of operations of our subsidiaries from multiple currencies using average exchange rates during each period and translate balance sheet accounts using exchange rates at the end of each period. We record currency translation adjustments as a component of equity (except for highly inflationary currencies) and realized exchange gains and losses on transactions in earnings. In 2016, none of our consolidated subsidiaries were subject to highly inflationary accounting. United Kingdom. non-binding two-year Brexit has caused volatility in global stock markets and currency exchange rates, affecting the markets in which we operate. The implications of Brexit could adversely affect demand for our products, our financial results and operations, and our relationships with customers, suppliers and employees in the short or long-term. On June 24, 2016, the value of the British pound sterling relative to the U.S. dollar fell by 9%. Since that date, the value of the British pound sterling relative to the U.S. dollar declined an additional 11% through December 31, 2016. Further volatility in the exchange rate is expected over the transition period. As the business operating environment remains uncertain, we continue to monitor our investments and currency exposures abroad. As the United Kingdom is not a highly-inflationary economy, we record currency translation adjustments within equity and realized exchange gains and losses on transactions in earnings. While we did not experience significant business disruptions in our U.K. businesses immediately following the referendum, the devaluation of the British pound sterling in 2016 adversely affected our translated results reported in U.S. dollars. We have a natural hedge in the form of pound sterling-denominated debt that acts as a net investment hedge, moving counter to adverse pound sterling currency translation impacts. British pound sterling currency transaction risks are largely mitigated due to our global chocolate businesses buying cocoa in British pound sterling. Our U.K. operations contributed $2.2 billion, or 8.6% of consolidated net revenues for the year ended December 31, 2016. Venezuela. Effective as of the close of the 2015 fiscal year, we concluded that we no longer met the accounting criteria for consolidation of our Venezuelan subsidiaries due to a loss of control over our Venezuelan operations and an other-than-temporary lack of currency exchangeability. During the fourth quarter of 2015, representatives of the Venezuelan government arbitrarily imposed pricing restrictions on our local operations that resulted in our inability to recover operating costs. We immediately began an appeal process with the Venezuelan authorities to demonstrate that our pricing was in line with the regulatory requirements. In January 2016, local officials communicated that some of the pricing restrictions had been lifted; however, the legally required administrative order had not been issued and it was uncertain when it would be issued. The legal and regulatory environment also became more unreliable. While we had been complying with the Venezuelan law governing pricing and profitability controls and followed the legal process for appeal, the appeal process was not available to us as outlined under law. Additionally, we were increasingly facing issues procuring raw materials and packaging. Taken together, these actions, the economic environment in Venezuela and the progressively limited access to dollars to import goods through the use of any of the available currency mechanisms impaired our ability to operate and control our Venezuelan businesses. As a result of these factors, we concluded that we no longer met the criteria for the consolidation of our Venezuelan subsidiaries. As of the close of the 2015 fiscal year, we deconsolidated and changed to the cost method of accounting for our Venezuelan operations. We recorded a $778 million pre-tax For 2015 and prior periods presented, the operating results of our Venezuela operations were included in our consolidated statements of earnings. During this time, we recognized a number of currency-related remeasurement losses resulting from devaluations of the Venezuela bolivar exchange rates we historically used to source U.S. dollars for purchases of imported raw materials, packaging and other goods and services. The following table sets forth a history of the remeasurement losses, the deconsolidation loss and historical operating results and financial position of our Venezuelan subsidiaries for the periods presented: For the Years Ended December 31, 2015 2014 (in millions) Net revenues $ 1,217 $ 760 Operating income (excluding remeasurement and 266 181 Remeasurement losses: Q1 2014: 6.30 to 10.70 bolivars to the U.S. dollar – (142 ) SICAD I remeasurements through – (25 ) Q1 2015: 11.50 to 12.00 bolivars to the U.S. dollar (11 ) – Loss on deconsolidation (778 ) – As of December 31, 2015 2014 (in millions) Cash (1) $ 611 $ 278 Net monetary assets (1) 405 236 Net assets (1) 658 500 (1) Represents the financial position of our Venezuelan subsidiaries prior to the accounting change on December 31, 2015. Beginning in 2016, we no longer include net revenues, earnings or net assets of our Venezuelan subsidiaries within our consolidated financial statements. Under the cost method of accounting, earnings are only recognized to the extent cash is received. Given the current and ongoing difficult economic, regulatory and business environment in Venezuela, there continues to be significant uncertainty related to our operations in Venezuela, and we expect these conditions will continue for the foreseeable future. We will monitor the extent of our ability to control our Venezuelan operations and the liquidity and availability of U.S. dollars at different rates, as our current situation in Venezuela may change over time and lead to consolidation at a future date. Argentina. Other Countries. Cash and Cash Equivalents: Cash and cash equivalents include demand deposits with banks and all highly liquid investments with original maturities of three months or less. Transfers of Financial Assets: We account for transfers of financial assets, such as uncommitted revolving non-recourse 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 $76 million on net revenues and $36 million on operating income in 2015. As a result of this change, each of our operating subsidiaries now reports results as of the last calendar day of the period. As the effect to prior-period results was not material, we have not revised prior-period results. Inventories: We value our inventory using the average cost method. We also record inventory allowances for overstock and obsolete inventories due to ingredient and packaging changes. Long-Lived Assets: Property, plant and equipment are stated at historical cost and depreciated by the straight-line method over the estimated useful lives of the assets. Machinery and equipment are depreciated over periods ranging from 3 to 20 years and buildings and building improvements over periods up to 40 years. We review long-lived assets, including amortizable intangible assets, for realizability on an ongoing basis. Changes in depreciation, generally accelerated depreciation, are determined and recorded when estimates of the remaining useful lives or residual values of long-term assets change. We also review for impairment when conditions exist that indicate the carrying amount of the assets may not be fully recoverable. In those circumstances, we perform undiscounted operating cash flow analyses to determine if an impairment exists. When testing for asset impairment, we group assets and liabilities at the lowest level for which cash flows are separately identifiable. Any impairment loss is calculated as the excess of the asset’s carrying value over its estimated fair value. Fair value is estimated based on the discounted cash flows for the asset group over the remaining useful life or based on the expected cash proceeds for the asset less costs of disposal. Any significant impairment losses would be recorded within asset impairment and exit costs in the consolidated statements of earnings. Software Costs: We capitalize certain computer software and software development costs incurred in connection with developing or obtaining computer software for internal use. Capitalized software costs are included in property, plant and equipment and amortized on a straight-line basis over the estimated useful lives of the software, which do not exceed seven years. Goodwill and Non-Amortizable We test goodwill and non-amortizable two-step Annually we assess non-amortizable Insurance and Self-Insurance: We use a combination of insurance and self-insurance for a number of risks, including workers’ compensation, general liability, automobile liability, product liability and our obligation for employee healthcare benefits. We estimate the liabilities associated with these risks on an undiscounted basis by evaluating and making judgments about historical claims experience and other actuarial assumptions and the estimated impact on future results. Revenue Recognition: We recognize revenues when title and risk of loss pass to customers, which generally occurs upon delivery or shipment of goods. Revenues are recorded net of sales incentives and trade promotions and include all shipping and handling charges billed to customers. Our shipping and handling costs are classified as part of cost of sales. Provisions for product returns and other trade allowances are also recorded as reductions to revenues within the same period that the revenue is recognized. Marketing and Research and Development: We promote our products with advertising, marketing, sales incentives and trade promotions. These programs include, but are not limited to, cooperative advertising, in-store year-end Employee Benefit Plans: We provide a range of benefits to our current and retired employees. These include pension benefits, postretirement health care benefits and postemployment benefits depending upon jurisdiction, tenure, job level and other factors. Local statutory requirements govern many of the benefit plans we provide around the world. Local government plans generally cover health care benefits for retirees outside the United States, Canada and United Kingdom. Our U.S., Canadian and U.K. subsidiaries provide health care and other benefits to most retired employees. Our postemployment benefit plans provide primarily severance benefits for eligible salaried and certain hourly employees. The cost for these plans is recognized in earnings primarily over the working life of the covered employee. Financial Instruments: We use financial instruments to manage our currency exchange rate, commodity price and interest rate risks. We monitor and manage these exposures as part of our overall risk management program, which focuses on the unpredictability of financial markets and seeks to reduce the potentially adverse effects that the volatility of these markets may have on our operating results. A principal objective of our risk management strategies is to reduce significant, unanticipated earnings fluctuations that may arise from volatility in currency exchange rates, commodity prices and interest rates, principally through the use of derivative instruments. We use a combination of primarily currency forward contracts, futures, options and swaps; commodity forward contracts, futures and options; and interest rate swaps to manage our exposure to cash flow variability, protect the value of our existing currency assets and liabilities and protect the value of our debt. See Note 8, Financial Instruments, We record derivative financial instruments on a gross basis and at fair value in our consolidated balance sheets within other current assets or other current liabilities due to their relatively short-term duration. Cash flows from derivative instruments are classified in the consolidated statements of cash flows based on the nature of the derivative instrument. Changes in the fair value of a derivative that is designated as a cash flow hedge, to the extent that the hedge is effective, are recorded in accumulated other comprehensive earnings / (losses) and reclassified to earnings when the hedged item affects earnings. Changes in fair value of economic hedges and the ineffective portion of all hedges are recognized in current period earnings. Changes in the fair value of a derivative that is designated as a fair value hedge, along with the changes in the fair value of the related hedged asset or liability, are recorded in earnings in the same period. We use non-U.S. non-U.S. In order to qualify for hedge accounting, a specified level of hedging effectiveness between the derivative instrument and the item being hedged must exist at inception and throughout the hedged period. We must also formally document the nature of and relationship between the derivative and the hedged item, as well as our risk management objectives, strategies for undertaking the hedge transaction and method of assessing hedge effectiveness. Additionally, for a hedge of a forecasted transaction, the significant characteristics and expected term of the forecasted transaction must be specifically identified, and it must be probable that the forecasted transaction will occur. If it is no longer probable that the hedged forecasted transaction will occur, we would recognize the gain or loss related to the derivative in earnings. When we use derivatives, we are exposed to credit and market risks. Credit risk exists when a counterparty to a derivative contract might fail to fulfill its performance obligations under the contract. We reduce our credit risk by entering into transactions with counterparties with high quality, investment grade credit ratings, limiting the amount of exposure with each counterparty and monitoring the financial condition of our counterparties. We also maintain a policy of requiring that all significant, non-exchange Commodity cash flow hedges Currency exchange cash flow hedges third-party Interest rate cash flow and fair value hedges Hedges of net investments in non-U.S. non-U.S. Income Taxes: Our provision for income taxes includes amounts payable or refundable for the current year, the effect of deferred tax and impacts from uncertain tax positions. We recognize deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the financial statement and tax basis of our assets and liabilities, operating loss carryforwards and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply in the years in which those differences are expected to reverse. The realization of certain deferred tax assets is dependent on generating sufficient taxable income in the appropriate jurisdiction prior to the expiration of the carryforward periods. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion, or all, of the deferred tax assets will not be realized. When assessing the need for a valuation allowance, we consider any carryback potential, future reversals of existing taxable temporary differences (including liabilities for unrecognized tax benefits), future taxable income and tax planning strategies. We recognize tax benefits in our financial statements from uncertain tax positions only if it is more likely than not that the tax position will be sustained by the taxing authorities based on the technical merits of the position. The amount we recognize is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon settlement. Future changes in judgment related to the expected resolution of uncertain tax positions could affect income in the period when the change occurs. New Accounting Pronouncements: In January 2017, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“ASU”) that clarifies the definition of a business with the objective of adding guidance to assist companies with evaluating whether transactions should be accounted for as acquisitions or disposals of assets or businesses. The definition of a business may affect many areas of accounting including acquisitions, disposals, goodwill and consolidation. The ASU is applied on a prospective basis and is effective for fiscal years beginning after December 15, 2017 with early adoption permitted. We are currently assessing the ASU and potential prospective impact on our consolidated financial statements. In November 2016, the FASB issued an ASU that requires the change in restricted cash or cash equivalents to be included with other changes in cash and cash equivalents in the statement of cash flows. The ASU is effective for fiscal years beginning after December 15, 2017, with early adoption permitted. We anticipate adopting this standard at the same time as the cash flow statement classification changes described below go into effect on January 1, 2018. We are currently assessing the impact on our consolidated financial statements. In October 2016, the FASB issued an ASU to amend the consolidation guidance on the treatment of indirect interests held through related parties that are under common control. Under the amendments, a single decision maker is required to include those interests on a proportionate basis consistent with indirect interests held through other related parties . In October 2016, the FASB issued an ASU that requires the recognition of tax consequences of intercompany asset transfers other than inventory when the transfer occurs and removes the exception to postpone recognition until the asset has been sold to an outside party. The ASU is effective for fiscal years beginning after December 15, 2017, with early adoption permitted. We anticipate adopting on January 1, 2018 and do not expect the ASU to have a material impact on our consolidated financial statements. In August 2016, the FASB issued an ASU to provide guidance on eight specific cash flow classification issues and reduce diversity in practice in how some cash receipts and cash payments are presented and classified in the statement of cash flows. The ASU is effective for fiscal years beginning after December 15, 2017, with early adoption permitted. We anticipate adopting this standard on January 1, 2018. We are currently assessing the impact on our consolidated statements of cash flows. In March 2016, the FASB issued an ASU to simplify the accounting for stock-based compensation. The ASU addresses several areas of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and cash flow statement presentation. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. We will adopt the standard on January 1, 2017. Following adoption and on a prospective basis, we anticipate greater volatility in our consolidated statements of earnings as we will record certain stock-based compensation tax impacts in earnings (within the provision for income taxes) while under the former guidance and for periods prior to January 1, 2017, the tax impacts were recorded directly to equity (within additional paid-in In March 2016, the FASB issued an ASU that simplifies the transition accounting for increases in investments that require a change from the cost basis to the equity method of accounting. U.S. GAAP currently requires the impact of such changes in accounting method to be retroactively applied to all prior periods that the investment was held. Under the new standard, adjustments to the investor’s basis in the investment should be recorded on the date the investment becomes qualified for equity method accounting. The equity method of accounting is then applied prospectively from that date. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. We early adopted this standard on December 31, 2016 and it did not have an impact on our consolidated financial statements. In March 2016, the FASB issued an ASU that clarifies whether contingent put and call options meet the “clearly and closely related” criteria in connection with accounting for embedded derivatives. U.S GAAP requires that embedded derivatives be separated from the host contract and accounted for separately as derivatives if certain criteria are met. The criteria include determining that the economic characteristics and risks of the embedded derivatives are not “clearly and closely related” to those of the host contract. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. We adopted the new standard on December 31, 2016 and it did not have a material impact on our consolidated financial statements. In March 2016, the FASB issued an ASU that applies when there is a contract novation to a new counterparty for a derivative designated as an accounting hedge. The ASU clarifies that such a change in counterparty does not, in and of itself, require de-designation In February 2016, the FASB issued an ASU on lease accounting. The ASU revises existing U.S. GAAP and outlines a new model for lessors and lessees to use in accounting for lease contracts. The guidance requires lessees to recognize a right-of-use In January 2016, the FASB issued an ASU that provides updated guidance for the recognition, measurement, presentation and disclosure of financial assets and liabilities. The standard requires that equity investments (other than those accounted for under equity method of accounting or those that result in consolidation of the investee) be measured at fair value, with changes in fair value recognized in net income. The standard also impacts financial liabilities under the fair value option and the presentation and disclosure requirements for financial instruments. The ASU is effective for fiscal years beginning after December 15, 2017. This ASU is not expected to have a significant impact on our consolidated financial statements. In May 2014, the FASB issued an ASU on revenue recognition from contracts with customers. The 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 control over 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 2016, the FASB issued several ASUs that clarified principal versus agent (gross versus net) revenue presentation considerations, confirmed certain prepaid stored-value products should be accounted for under the new revenue recognition ASU and not under other U.S. GAAP and clarified the guidance for identifying performance obligations within a contract and the accounting for licenses. The FASB also issued two ASUs providing technical corrections, narrow scope exceptions and practical expedients to clarify and improve the implementation of the new revenue recognition guidance. The revenue guidance is effective for annual reporting periods beginning after December 15, 2017, with early adoption permitted as of the original effective date (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 plan to adopt the new standard on January 1, 2018 on a full retrospective basis. We continue to make significant progress on quantifying the impact of the ASU on our consolidated financial statements and planning the final process, policy and disclosure changes that will go into effect on January 1, 2018. At this time, we do not expect a material impact from adopting the new revenue standards. Reclassifications: Certain amounts previously reported have been reclassified to conform to current-year presentation. See Segment Change Goodwill and Intangible Assets Restructuring Programs, Segment Reporting Reclassifications from Accumulated Other Comprehensive Income,

Divestitures and Acquisitions

Divestitures and Acquisitions	12 Months Ended
	Dec. 31, 2016
Divestitures and Acquisitions	Note 2. Divestitures and Acquisitions JDE Coffee Business Transactions: On July 2, 2015, we completed transactions to combine our wholly owned coffee businesses with those of D.E Master Blenders 1753 B.V. (“DEMB”) to create a new company, JDE. Following the exchange of a portion of our investment in JDE for an interest in Keurig in March 2016, we held a 26.5% equity interest in JDE. (See discussion of the Keurig Transaction JDE Stock-Based Compensation Arrangements The consideration we received in the JDE coffee business transactions completed on July 2, 2015 consisted of € ) Other Divestitures and Acquisitions On July 5, 2016, we received an expected cash payment of $275 million from JDE to settle the receivable related to tax formation costs that were part of the initial sales price. In connection with the contribution of our global coffee businesses to JDE on July 2, 2015, we recorded a final pre-tax after-tax) pre-tax pre-tax The final value of our 43.5% investment in JDE on July 2, 2015 was € Carte Noire Merrild In 2014 and 2015, in connection with the expected receipt of cash in euros at the time of closing, we entered into a number of consecutive currency exchange forward contracts to lock in an equivalent expected value in U.S. dollars as of the date the JDE coffee business transactions were first announced in May 2014. Cumulatively, we realized aggregate net gains and received cash of approximately $1.0 billion on these hedging contracts that increased the cash we received in connection with the JDE coffee business transactions from $4.2 billion in cash consideration received to $5.2 billion. In connection with these currency contracts and the transfer of the sale proceeds to our subsidiaries that deconsolidated net assets and shares, we recognized a net gain of $436 million in 2015 and $628 million in 2014 within interest and other expense, net. We also incurred incremental expenses related to readying our global coffee businesses for the transactions that totaled $278 million for the year ended December 31, 2015 and $77 million for the year ended December 31, 2014. Of these total expenses, $123 million was recorded within asset impairment and exit costs in 2015 and the remainder was recorded within selling, general and administrative expenses of primarily our Europe segment, as well as within general corporate expenses. JDE Capital Increase: On December 18, 2015, AHBV and we agreed to provide JDE additional capital to pay down some of its debt with lenders. Our pro rata share of the capital increase was € € € JDE Stock-Based Compensation Arrangements: On June 30, 2016, we entered into agreements with AHBV and its affiliates to establish a new stock-based compensation arrangement tied to the issuance of JDE equity compensation awards to JDE employees. This arrangement replaced a temporary equity compensation program tied to the issuance of AHBV equity compensation to JDE employees. New Class C, D and E JDE shares were authorized and issued for investments made by and vested stock-based compensation awards granted to JDE employees. Under these arrangements, dilution of the JDE shares is limited to 2%. Upon execution of the agreements and the creation of the Class C, D and E JDE shares, as a percentage of the total JDE issued shares, our Class B shares decreased from 26.5% to 26.4% and AHBV’s Class A shares decreased from 73.5% to 73.22%, while the Class C, D and E shares, held by AHBV and its affiliates until the JDE employee awards vest, comprised 0.38% of JDE’s shares. Additional Class C shares are available to be issued when planned long-term incentive plan (“JDE LTIP”) awards vest, generally over the next five years. When the JDE Class C shares are issued in connection with the vested JDE LTIP awards, the Class A and B relative ownership interests will decrease. Based on estimated achievement and forfeiture assumptions, we do not expect our JDE ownership interest to decrease below 26.27%. Following vesting of stock awards and new employee stock investments, as of December 31, 2016, our ownership interest in JDE was 26.4%. JDE Tax Matter Resolution: On July 19, 2016, the Supreme Court of Spain reached a final resolution on a challenged JDE tax position held by a predecessor DEMB company that resulted in an unfavorable tax expense of € € Keurig Transaction: On March 3, 2016, a subsidiary of AHBV completed a $13.9 billion acquisition of all of the outstanding common stock of Keurig through a merger transaction. On March 7, 2016, we exchanged with a subsidiary of AHBV a portion of our equity interest in JDE with a carrying value of € pro-rata Coffee Business Equity Earnings: We have reflected the results of our historical coffee businesses and equity earnings from JDE, Keurig and DSF in our results from continuing operations as the coffee category continues to be a significant part of our net earnings and business strategy going forward. Historically, our coffee businesses and the income from equity method investments were recorded within our operating income as these businesses were part of our base business. While we retain an ongoing interest in coffee through equity method investments including JDE, Keurig and DSF, and we have significant influence with our equity method investments, we do not control these operations directly. As such, in the third quarter of 2015, we began to recognize equity method investment earnings, consisting primarily of investments in coffee businesses, outside of operating income. For periods prior to the third quarter of 2015, our historical coffee business and equity method investment earnings were included within our operating income. Of the $301 million equity method investment net earnings in 2016, the contribution from JDE was $100 million, from Keurig was $97 million (since March 7, 2016), from DSF was $75 million and from all other equity investments was $29 million. In 2015, JDE incurred a $58 million loss, which was fully offset by earnings of $38 million from DSF and $21 million from other equity method investments. Within operating income for the first half of 2015, $296 million after-tax pre-tax) pre-tax) Summary Financial Information for Equity Method Investments: Summarized financial information for JDE, Keurig, DSF and our other equity method investments is reflected below. As of December 31, 2016 2015 (in millions) Current assets $ 4,458 $ 3,943 Noncurrent assets 35,089 20,936 Total assets $ 39,547 $ 24,879 Current liabilities $ 4,148 $ 2,779 Noncurrent liabilities 16,472 9,880 Total liabilities $ 20,620 $ 12,659 Total net equity of investees $ 18,927 $ 12,220 Mondelēz International ownership interests 24%-50% 40%-50% Mondelēz International share of investee net equity (1) $ 5,145 $ 5,387 Keurig shareholder loan 440 – Equity method investments $ 5,585 $ 5,387 For the Years Ended December 31, 2016 2015 2014 (in millions) Net revenues $ 10,923 $ 4,993 $ 2,721 Gross profit 4,219 1,551 921 Income from continuing operations 839 96 226 Net income 839 97 226 Net income attributable to investees $ 838 $ 97 $ 226 Mondelēz International ownership interests 24%-50% 40%-50% 40%-50% Mondelēz International share of investee net income $ 281 $ 56 $ 113 Keurig shareholder loan interest income 20 – – Equity method investment net earnings (2) $ 301 $ 56 $ 113 (1) Includes approximately $325 million of basis differences between the U.S. GAAP accounting basis for our equity method investments and the U.S. GAAP accounting basis of our investees’ equity. (2) 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 JDE earnings, we began to record the earnings from our equity method investments in after-tax after-tax Summary of Significant Accounting Policies – Principles of Consolidation, Spin-Off On October 1, 2012, we divested the Kraft Foods Group grocery business in a spin-off (“Spin-Off”). Spin-Off-related Spin-Off (“Spin-Off pre-tax Other Divestitures and Acquisitions: On January 18, 2017, we reached an agreement to sell most of our grocery business in Australia and New Zealand to Bega Cheese Limited for approximately $460 million Australian dollars ($346 million as of January 18, 2017). As of December 31, 2016, the asset group to be sold consisted of approximately $25 million of current assets and approximately $125 million of non-current Australian-to-U.S. On March 31, 2016, we received a binding offer totaling € € non-current non-current euro-to-U.S. During the year ended December 31, 2016, we also completed the following sale transactions: • On December 31, 2016, we completed the sale of a chocolate factory in Belgium. In connection with this transaction, we recorded a pre-tax € € € € • On December 1, 2016, we completed the sale of a confectionery business in Costa Rica represented by a local brand. The sales price was $28 million and we recorded a pre-tax • On August 26, 2016, we recorded a $7 million gain for the sale of a U.S.-owned biscuit trademark. The gain was recorded within selling, general and administrative expenses in 2016. • On May 2, 2016, we completed the sale of certain local biscuit brands in Finland as part of our strategic decisions to exit select small and local brands and shift investment towards our Power Brands. The sales price was € pre-tax after-tax) € € pre-tax after-tax) On November 2, 2016, we purchased from Burton’s Biscuit Company certain intangibles, which include the license to manufacture, market and sell Cadbury-branded biscuits in additional key markets around the world, including in the United Kingdom, France, Ireland, North America and Saudi Arabia. The transaction was accounted for as a business combination. Total cash paid for the acquired assets was £199 million ($246 million as of December 31, 2016). We are working to complete the valuation work and have recorded a preliminary purchase price allocation of $72 million to definite-life intangible assets, $156 million to goodwill, $14 million to property, plant and equipment and $4 million to inventory as of December 31, 2016. During the third quarter of 2016, we completed the acquisition of a Vietnamese biscuit operation within our AMEA segment. On July 15, 2015, we acquired an 80% interest in the biscuit operation and on August 22, 2016, we acquired the remaining 20% interest. Total cash paid for the biscuit operation, intellectual property, non-compete non-compete non-compete non-current On April 23, 2015, we completed the divestiture of our 50% equity interest in AGF, our Japanese coffee joint venture, to our joint venture partner, which generated cash proceeds of 27 billion Japanese yen ($225 million as of April 23, 2015) and a pre-tax (after-tax On February 16, 2015, we acquired a U.S. snack food 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 of 2015, we 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 consolidated financial statements for the years ended December 31, 2016 and 2015. Sales of Property: On November 9, 2016, we completed the sale of a manufacturing plant in Russia and recorded total expenses of $12 million, including a related fixed asset impairment charge of $4 million within asset impairments and exit costs. The sale of the land, buildings and equipment generated cash proceeds of $6 million. In 2016, we also sold property within our North America segment and from our centrally held corporate assets. In the third quarter, we sold property in North America that generated cash proceeds of $10 million and a pre-tax pre-tax pre-tax pre-tax

Inventories

Inventories	12 Months Ended
	Dec. 31, 2016
Inventories	Note 3. Inventories Inventories consisted of the following: As of December 31, 2016 2015 (in millions) Raw materials $ 722 $ 782 Finished product 1,865 1,930 2,587 2,712 Inventory reserves (118 ) (103 ) Inventories, net $ 2,469 $ 2,609

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment	Note 4. Property, Plant and Equipment Property, plant and equipment consisted of the following: As of December 31, 2016 2015 (in millions) Land and land improvements $ 471 $ 495 Buildings and building improvements 2,801 2,753 Machinery and equipment 10,302 10,044 Construction in progress 1,113 1,262 14,687 14,554 Accumulated depreciation (6,458 ) (6,192 ) Property, plant and equipment, net $ 8,229 $ 8,362 Capital expenditures of $1.2 billion for the year ended December 31, 2016 exclude $343 million of accrued capital expenditures remaining unpaid at December 31, 2016 and include payment for $322 million of capital expenditures that were accrued and unpaid at December 31, 2015. In connection with our restructuring program, we recorded non-cash Restructuring Programs For the Years Ended December 31, 2016 2015 2014 (in millions) Latin America $ 22 $ 46 $ 14 AMEA 44 88 34 Europe 122 65 42 North America 111 65 83 Corporate 2 – – Total non-cash $ 301 $ 264 $ 173

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets	Note 5. Goodwill and Intangible Assets Goodwill by segment below reflects our latest segment structure for both periods presented: As of December 31, 2016 2015 (in millions) Latin America $ 897 $ 858 AMEA 3,324 3,537 Europe 7,170 7,404 North America 8,885 8,865 Goodwill $ 20,276 $ 20,664 Intangible assets consisted of the following: As of December 31, 2016 2015 (in millions) Non-amortizable $ 17,004 $ 17,527 Amortizable intangible assets 2,315 2,320 19,319 19,847 Accumulated amortization (1,218 ) (1,079 ) Intangible assets, net $ 18,101 $ 18,768 Non-amortizable LU non-compete Amortization expense for intangible assets was $176 million in 2016, $181 million in 2015 and $206 million in 2014. We currently estimate annual amortization expense for each of the next five years to be approximately $171 million, estimated using December 31, 2016 exchange rates. Changes in goodwill and intangible assets consisted of: 2016 2015 Goodwill Intangible Goodwill Intangible (in millions) Balance at January 1 $ 20,664 $ 19,847 $ 23,389 $ 21,335 Changes due to: Currency (464 ) (540 ) (1,477 ) (1,462 ) Coffee business transactions (4 ) (8 ) (1,729 ) – Acquisitions 80 158 481 58 Asset impairments – (137 ) – (83 ) Other – (1 ) – (1 ) Balance at December 31 $ 20,276 $ 19,319 $ 20,664 $ 19,847 Changes to goodwill and intangibles were: • Coffee business transactions and divestitures – On December 1, 2016, we divested $4 million of goodwill related to the sale of a confectionery business in Costa Rica. On May 2, 2016, we sold $8 million of non-amortizable Divestitures and Acquisitions • Acquisitions – On November 2, 2016, we purchased from Burton’s Biscuit Company certain intangibles, which include a license to manufacture, market and sell Cadbury-branded biscuits in additional key markets. As a result of the acquisition, we recorded a preliminary purchase price allocation of $156 million to goodwill and $72 million to amortizable intangible assets. In connection with the completion of the Vietnam biscuit operation in 2016, we finalized the purchase price allocation of the consideration paid to the net assets acquired and recorded $25 million of amortizable intangible assets and $61 million of non-amortizable Divestitures and Acquisitions – Other Divestitures and Acquisitions • Asset impairments – We recorded $137 million of intangible asset impairments in 2016, $83 million in 2015 and $57 million in 2014. Charges related to our annual testing of non-amortizable Divestitures and Acquisitions – Other Divestitures and Acquisitions In 2016, 2015 and 2014, there were no impairments of goodwill. In connection with our 2016 annual impairment testing, each of our reporting units had sufficient fair value in excess of carrying value. While all reporting units passed our annual impairment testing, if planned business performance expectations are not met or specific valuation factors outside of our control, such as discount rates, change significantly, then the estimated fair values of a reporting unit or reporting units might decline and lead to a goodwill impairment in the future. During our 2016 annual testing of non-amortizable

Restructuring Programs

Restructuring Programs	12 Months Ended
	Dec. 31, 2016
Restructuring Programs	Note 6. Restructuring Programs 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 one-time year-end Restructuring Costs: We recorded restructuring charges of $714 million in 2016, $711 million 2015 and $274 million in 2014 within asset impairment and exit costs. The 2014-2018 Restructuring Program liability activity for the years ended December 31, 2016 and 2015 was: Severance and related Asset costs Write-downs Total (in millions) Liability balance, January 1, 2015 $ 224 $ – $ 224 Charges 442 269 711 Cash spent (243 ) – (243 ) Non-cash (4 ) (269 ) (273 ) Currency (24 ) – (24 ) Liability balance, December 31, 2015 $ 395 $ – $ 395 Charges 402 312 714 Cash spent (315 ) – (315 ) Non-cash (9 ) (312 ) (321 ) Currency (9 ) – (9 ) Liability balance, December 31, 2016 $ 464 $ – $ 464 We spent $315 million in 2016 and $243 million in 2015 in cash severance and related costs. We also recognized non-cash Benefit Plans non-cash non-cash 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 $372 million in 2016, $291 million in 2015 and $107 million in 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 2016, 2015 and 2014, we recorded restructuring and implementation costs related to the 2014-2018 Restructuring Program within operating income by segment (as revised to reflect our new segment structure) as follows: Latin North America AMEA Europe America (1) Corporate (2) Total (in millions) For the Year Ended December 31, 2016 Restructuring Costs $ 111 $ 96 $ 310 $ 183 $ 14 $ 714 Implementation Costs 54 48 88 121 61 372 Total $ 165 $ 144 $ 398 $ 304 $ 75 $ 1,086 For the Year Ended December 31, 2015 Restructuring Costs $ 145 $ 181 $ 243 $ 114 $ 28 $ 711 Implementation Costs 39 26 78 69 79 291 Total $ 184 $ 207 $ 321 $ 183 $ 107 $ 1,002 For the Year Ended December 31, 2014 Restructuring Costs $ 81 $ 30 $ 96 $ 57 $ 10 $ 274 Implementation Costs 16 12 38 5 36 107 Total $ 97 $ 42 $ 134 $ 62 $ 46 $ 381 Total Project 2014-2016 (3) Restructuring Costs $ 337 $ 307 $ 649 $ 354 $ 52 $ 1,699 Implementation Costs 109 86 204 195 176 770 Total $ 446 $ 393 $ 853 $ 549 $ 228 $ 2,469 (1) During 2016, our North America region implementation costs included incremental costs that we incurred related to re-negotiating (2) Includes adjustment for rounding. (3) Includes all charges recorded since program inception on May 6, 2014 through December 31, 2016. 2012-2014 Restructuring Program On October 1, 2012, we completed the Spin-Off one-time 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 $4 million in 2015 related to accruals no longer required. We recorded restructuring charges of $360 million in 2014 within asset impairment and exit costs. During 2014, we recorded out-of-period The 2012-2014 Restructuring Program liability activity for the years ended December 31, 2016 and 2015 was: Severance and related Asset costs Write-downs Total (in millions) Liability balance, January 1, 2015 $ 128 $ – $ 128 Charges (4 ) – (4 ) Cash spent (66 ) – (66 ) Non-cash (4 ) – (4 ) Currency (7 ) – (7 ) Liability balance, December 31, 2015 $ 47 $ – $ 47 Charges – – – Cash spent (21 ) – (21 ) Non-cash (6 ) – (6 ) Currency (1 ) – (1 ) Liability balance, December 31, 2016 $ 19 $ – $ 19 We spent $21 million in 2016 and $66 million in 2015 in cash severance and related costs. We also recognized non-cash Benefit Plans non-cash Implementation Costs: Implementation costs related to our 2012-2014 Restructuring Program primarily relate to activities in connection with the Kraft Foods Group Spin-Off Restructuring and Implementation Costs in Operating Income: During 2014 and since inception of the 2012-2014 Restructuring Program, we recorded restructuring and implementation costs within operating income by segment (as revised to reflect our new segment structure) as follows: Latin North America AMEA Europe America Corporate (1) Total (in millions) For the Year Ended December 31, 2014 Restructuring Costs $ 8 $ 77 $ 162 $ 113 $ – $ 360 Implementation Costs 3 6 54 32 4 99 Total $ 11 $ 83 $ 216 $ 145 $ 4 $ 459 Total Project 2012-2014 (2) Restructuring Costs $ 36 $ 83 $ 271 $ 337 $ 2 $ 729 Implementation Costs 3 8 90 65 4 170 Total $ 39 $ 91 $ 361 $ 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 and Borrowing Arrangements

Debt and Borrowing Arrangements	12 Months Ended
	Dec. 31, 2016
Debt and Borrowing Arrangements	Note 7. Debt and Borrowing Arrangements Short-Term Borrowings: Our short-term borrowings and related weighted-average interest rates consisted of: As of December 31, 2016 2015 Amount Weighted- Amount Weighted- Outstanding Average Rate Outstanding Average Rate (in millions) (in millions) Commercial paper $ 2,371 1.0% $ – 0.0% Bank loans 160 10.6% 236 9.5% Total short-term borrowings $ 2,531 $ 236 As of December 31, 2016, the commercial paper issued and outstanding had between 3 and 88 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 $4.5 billion multi-year senior unsecured revolving credit facility for general corporate purposes, including working capital needs, and to support our commercial paper program. On October 14, 2016, the revolving credit agreement, which was scheduled to expire on October 11, 2018, was extended through October 11, 2021. 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 December 31, 2016, we complied with this covenant as our shareholders’ equity, as defined by the covenant, was $36.3 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 December 31, 2016, 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 $1.8 billion at December 31, 2016 and $1.9 billion at December 31, 2015. Borrowings on these lines amounted to $160 million at December 31, 2016 and $236 million at December 31, 2015. Long-Term Debt: Our long-term debt consisted of (interest rates are as of December 31, 2016): As of December 31, 2016 2015 (in millions) U.S. dollar notes, 0.881% to 7.000% (weighted-average effective rate 3.527%), $ 8,812 $ 8,371 Euro notes, 1.000% to 2.375% (weighted-average effective rate 1.808%), 3,980 4,305 Pound sterling notes, 3.875% to 7.250% (weighted-average effective rate 4.441%), 418 1,399 Swiss franc notes, 0.000% to 1.125% (weighted-average effective rate 0.636%), 1,449 1,075 Capital leases and other obligations 9 12 Total 14,668 15,162 Less current portion of long-term (1,451 ) (605 ) Long-term debt $ 13,217 $ 14,557 Deferred debt issuance costs of $40 million as of December 31, 2016 and $46 million as of December 31, 2015 are netted against the related debt in the table above. These amounts were reclassified from long-term other assets to offset the related debt in the fourth quarter of 2015, except for deferred financing costs related to our revolving credit facility which remain in long-term other assets and were immaterial for all periods presented. As of December 31, 2016, aggregate maturities of our debt and capital leases based on stated contractual maturities, excluding unamortized non-cash mark-to-market 2017 2018 2019 2020 2021 Thereafter Total $1,451 $1,144 $2,650 $658 $3,260 $5,574 $14,737 On December 16, 2016, we redeemed $850 million of 2.250% fixed rate notes, maturing on February 1, 2019, that were issued on January 16, 2014. The notes were redeemed at a redemption cost equal to $866 million, plus accrued and unpaid interest of $7 million. In connection with this redemption, during the three months ended December 31, 2016, we recorded a $19 million loss on debt extinguishment within interest and other expense, net. On October 31, 2016, we completed a cash tender offer and retired $3.18 billion of U.S. dollar, euro and British pound sterling-denominated notes. We financed the repurchase of the notes, including the payment of accrued interest and other costs incurred, from net proceeds received on October 28, 2016 from the $3.75 billion note issuance and the term loans described below. In connection with retiring this debt, during the three months ended December 31, 2016, we recorded a $409 million loss on debt extinguishment within interest expense related to the amount we paid to retire the debt in excess of its carrying value and from recognizing unamortized premiums and deferred financing costs in earnings at the time of the debt extinguishment. Cash costs related to tendering the debt are included in long-term debt repayments in the consolidated statement of cash flows for the year ended December 31, 2016. We also recognized $1 million in interest income related to the partial settlement of fair value hedges due to the tender. On October 19, 2016, Mondelez International Holdings Netherlands B.V. (“MIHN”), a wholly owned subsidiary of Mondelēz International, Inc., launched an offering of $3.75 billion of notes, guaranteed by Mondelēz International, Inc. The $1.75 billion of 1.625% notes and the $500 million of floating rate notes will mature on October 28, 2019 and the $1.5 billion of 2.0% notes will mature on October 28, 2021. On October 28, 2016, we received proceeds, net of discounts and associated financing costs, of $3.73 billion. Proceeds from the notes issuance were used for general corporate purposes, including to grant loans or make distributions to Mondelēz International, Inc. or its subsidiaries to fund the October 2016 cash tender offer and near-term debt maturities. We recorded approximately $20 million of deferred financing costs and discounts, which will be amortized into interest expense over the life of the notes. We entered into cross-currency swaps, serving as cash flow hedges, so that the U.S. dollar-denominated debt payments will effectively be paid in euros over the life of the debt. On October 14, 2016, MIHN executed a $1.5 billion bank term loan facility. The loan facility consists of two $750 million loans, one with a three-year maturity and the other with a five-year maturity. The term loans can be drawn at any time for 60 days after signing. On October 25, 2016, we gave notice of our intent to fully draw on the loan with a five-year maturity, and funding occurred on October 28, 2016. Proceeds from the $750 million term loan may be used for general corporate purposes, including funding of the tender offer or other debt. On October 25, 2016, we also gave notice of our intent to terminate the $750 million loan with the three-year maturity. On February 9, 2016, $1,750 million of our 4.125% U.S. dollar notes matured. The notes and accrued interest to date were paid with net proceeds from the fr € On January 26, 2016, we issued fr • fr • fr We received proceeds, net of premiums and deferred financing costs, of $398 million that were used to partially fund the February 2016 note maturity and for other general corporate purposes. We recorded approximately $1 million of premiums and deferred financing costs, which will be amortized into interest expense over the life of the notes. On January 21, 2016, we issued € On November 30, 2015, we completed a cash tender offer and retired £247 million of British pound sterling-denominated 7.250% notes, or approximately $372 million in U.S. dollars as of November 30, 2015, due in July 2018. We financed the repurchase of these notes, including the payment of accrued interest and other costs incurred, from net proceeds received from the £400 million British pound sterling-denominated notes issuance on November 25, 2015 described below. In connection with retiring this debt, during the three months ended December 31, 2015, we recorded a $40 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 premiums and deferred financing costs in earnings at the time of the debt extinguishment. Cash costs related to tendering the debt are included in long-term debt repayments in the consolidated statement of cash flows for the year ended December 31, 2015. On November 25, 2015, we issued £400 million of British pound sterling-denominated 4.500% notes, or $609 million in U.S. dollars locked in with a forward currency contract on November 19, 2015, that mature on December 3, 2035. We received proceeds net of discounts and deferred financing costs of $604 million that were used to fund the November 2015 cash tender offer and for other general corporate purposes. We recorded approximately $5 million of discounts and deferred financing costs, which will be amortized into interest expense over the life of the notes. On October 6, 2015 we issued fr • fr • fr We received proceeds net of premiums and deferred financing costs of $410 million that were used for general corporate purposes and to fund upcoming debt maturities. 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 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. Cash costs related to tendering the debt are included in long-term debt repayments in the consolidated statement of cash flows for the year ended December 31, 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 2.2% as of December 31, 2016, 3.7% as of December 31, 2015 and 4.3% as of December 31, 2014. Fair Value of Our Debt: The fair value of our short-term borrowings at December 31, 2016 and December 31, 2015 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 December 31, 2016, the aggregate fair value of our total debt was $17,882 million and its carrying value was $17,199 million. At December 31, 2015, the aggregate fair value of our total debt was $15,908 million and its carrying value was $15,398 million. Interest and Other Expense, net: Interest and other expense, net within our results of continuing operations consisted of: For the Years Ended December 31, 2016 2015 2014 (in millions) Interest expense, debt $ 515 $ 609 $ 778 Loss on debt extinguishment and related expenses 427 753 495 JDE coffee business transactions currency-related net gains – (436 ) (628 ) Loss related to interest rate swaps 97 34 – Other expense, net 76 53 43 Interest and other expense, net $ 1,115 $ 1,013 $ 688 See Note 2, Divestitures and Acquisitions, Financial Instruments, Financial Instruments

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2016
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 December 31, 2016 2015 Asset Liability Asset Liability Derivatives Derivatives Derivatives Derivatives (in millions) Derivatives designated as accounting hedges: Currency exchange contracts $ 19 $ 8 $ 20 $ 7 Commodity contracts 17 22 37 35 Interest rate contracts 108 19 12 57 $ 144 $ 49 $ 69 $ 99 Derivatives not designated as accounting hedges: Currency exchange contracts $ 29 $ 43 $ 61 $ 33 Commodity contracts 112 167 70 56 Interest rate contracts 27 19 43 28 $ 168 $ 229 $ 174 $ 117 Total fair value $ 312 $ 278 $ 243 $ 216 During 2016 and 2015, derivatives designated as accounting hedges include cash flow and fair value hedges and derivatives not designated as accounting hedges include economic hedges. Non-U.S. non-U.S. Debt and Borrowing Arrangements The fair values (asset / (liability)) of our derivative instruments were determined using: As of December 31, 2016 Quoted Prices in Active Markets Significant Significant Total for Identical Other Observable Unobservable Fair Value of Net Assets Inputs Inputs Asset / (Liability) (Level 1) (Level 2) (Level 3) (in millions) Currency exchange contracts $ (3 ) $ – $ (3 ) $ – Commodity contracts (60 ) (86 ) 26 – Interest rate contracts 97 – 97 – Total derivatives $ 34 $ (86 ) $ 120 $ – As of December 31, 2015 Quoted Prices in Active Markets Significant Significant Total for Identical Other Observable Unobservable Fair Value of Net Assets Inputs Inputs Asset / (Liability) (Level 1) (Level 2) (Level 3) (in millions) Currency exchange contracts $ 41 $ – $ 41 $ – Commodity contracts 16 29 (13 ) – Interest rate contracts (30 ) – (30 ) – Total derivatives $ 27 $ 29 $ (2 ) $ – 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 $133 million as of December 31, 2016 and margin deposits of $22 million as of December 31, 2015 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 asset position, our counterparties would owe us a total of $48 million as of December 31, 2016 and $52 million as of December 31, 2015. For derivatives we have in a net liability position, we would owe $2 million as of December 31, 2016. As of December 31, 2015, there were no Level 1 derivatives in a net liability position. Level 2 financial assets and liabilities consist primarily of over-the-counter set-off. net-settled Derivative Volume: The net notional values of our derivative instruments were: Notional Amount As of December 31, 2016 2015 (in millions) Currency exchange contracts: Intercompany loans and forecasted interest payments $ 3,343 $ 4,148 Forecasted transactions 1,452 1,094 Commodity contracts 837 732 Interest rate contracts 6,365 3,033 Net investment hedge – euro notes 4,012 4,345 Net investment hedge – pound sterling notes 419 1,404 Net investment hedge – Swiss franc notes 1,447 1,073 Cash Flow Hedges: Cash flow hedge activity, net of taxes, within accumulated other comprehensive earnings / (losses) included: For the Years Ended December 31, 2016 2015 2014 (in millions) Accumulated gain / (loss) at January 1 $ (45 ) $ (2 ) $ 117 Transfer of realized losses / (gains) in fair value to earnings 53 – (40 ) Unrealized gain / (loss) in fair value (129 ) (43 ) (79 ) Accumulated gain / (loss) at December 31 $ (121 ) $ (45 ) $ (2 ) After-tax For the Years Ended December 31, 2016 2015 2014 (in millions) Currency exchange contracts – forecasted transactions $ (1 ) $ 83 $ 26 Commodity contracts (4 ) (52 ) 16 Interest rate contracts (48 ) (31 ) (2 ) Total $ (53 ) $ – $ 40 After-tax For the Years Ended December 31, 2016 2015 2014 (in millions) Currency exchange contracts – forecasted transactions $ 8 $ 40 $ 82 Commodity contracts (34 ) (35 ) (2 ) Interest rate contracts (103 ) (48 ) (159 ) Total $ (129 ) $ (43 ) $ (79 ) Pre-tax For the Years Ended December 31, 2016 2015 2014 (in millions) Commodity contracts $ 2 $ (4 ) $ (10 ) Within interest and other expense, net, we recorded pre-tax We record pre-tax after-tax • cost of sales for commodity contracts; • cost of sales for currency exchange contracts related to forecasted transactions; and • interest and other expense, net for interest rate contracts and currency exchange contracts related to intercompany loans. Based on current market conditions, we would expect to transfer losses of $31 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 December 31, 2016, we hedged transactions forecasted to impact cash flows over the following periods: • commodity transactions for periods not exceeding the next 12 months; • interest rate transactions for periods not exceeding the next 6 years and 10 months; and • currency exchange transactions for periods not exceeding the next 12 months. Fair Value Hedges: Pre-tax For the Years Ended December 31, 2016 2015 2014 (in millions) Derivatives $ (6 ) $ (1 ) $ 13 Borrowings 6 1 (13 ) Fair value hedge ineffectiveness and amounts excluded from effectiveness testing were not material for all periods presented. Economic Hedges: Pre-tax For the Years Ended December 31, Location of Recognized 2016 2015 2014 in Earnings (in millions) Currency exchange contracts: Intercompany loans and $ 21 $ 29 $ 4 Interest and other Forecasted transactions (76 ) 29 29 Cost of sales Forecasted transactions 11 435 610 Interest and other Forecasted transactions 7 (12 ) (4 ) Selling, general Commodity contracts (101 ) (38 ) (136 ) Cost of sales Total $ (138 ) $ 443 $ 503 In connection with the coffee business transactions, we entered into a number of consecutive euro to U.S. dollar currency exchange forward contracts in 2015 and 2014 to lock in an equivalent expected value in U.S. dollars. The mark-to-market Divestitures and Acquisitions — JDE Coffee Business Transactions Hedges of Net Investments in International Operations: After-tax Location of For the Years Ended December 31, Gain / (Loss) 2016 2015 2014 Recognized in AOCI (in millions) Euro notes $ 73 $ 268 $ 328 Currency Pound sterling notes 148 42 39 Translation Swiss franc notes 12 9 – Adjustment

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2016
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. Obligations and Funded Status: The projected benefit obligations, plan assets and funded status of our pension plans were: U.S. Plans Non-U.S. 2016 2015 2016 2015 (in millions) Benefit obligation at January 1 $ 1,566 $ 1,606 $ 9,547 $ 10,854 Service cost 57 64 147 188 Interest cost 61 67 229 307 Benefits paid (32 ) (35 ) (425 ) (435 ) Settlements paid (91 ) (88 ) – 1 Actuarial (gains) / losses 52 (49 ) 1,284 (262 ) Deconsolidation of JDE coffee business – – – (261 ) Divestiture – – (5 ) – Currency – – (979 ) (766 ) Other 1 1 16 (79 ) Benefit obligation at December 31 1,614 1,566 9,814 9,547 Fair value of plan assets at January 1 1,247 1,216 7,721 8,362 Actual return on plan assets 118 (71 ) 1,079 192 Contributions 378 225 419 318 Benefits paid (32 ) (35 ) (425 ) (435 ) Settlements paid (91 ) (88 ) – – Deconsolidation of JDE coffee business – – – (130 ) Divestiture – – (4 ) – Currency – – (863 ) (579 ) Other – – (1 ) (7 ) Fair value of plan assets at December 31 1,620 1,247 7,926 7,721 Net pension assets (liability) at December 31 $ 6 $ (319 ) $ (1,888 ) $ (1,826 ) The accumulated benefit obligation, which represents benefits earned to the measurement date, was $1,540 million at December 31, 2016 and $1,463 million at December 31, 2015 for the U.S. pension plans. The accumulated benefit obligation for the non-U.S. For salaried and non-union non-union non-union The combined U.S. and non-U.S. As of December 31, 2016 2015 (in millions) Prepaid pension assets $ 159 $ 69 Other accrued liabilities (27 ) (31 ) Accrued pension costs (2,014 ) (2,183 ) $ (1,882 ) $ (2,145 ) Certain of our U.S. and non-U.S. U.S. Plans Non-U.S. As of December 31, As of December 31, 2016 2015 2016 2015 (in millions) Projected benefit obligation $ 96 $ 1,566 $ 8,386 $ 8,139 Accumulated benefit obligation 88 1,463 8,168 7,920 Fair value of plan assets 2 1,247 6,451 6,252 We used the following weighted-average U.S. Plans Non-U.S. As of December 31, As of December 31, 2016 2015 2016 2015 Discount rate 4.19% 4.50% 2.31% 3.11% Expected rate of return on plan assets 6.25% 6.75% 5.14% 5.87% Rate of compensation increase 4.00% 4.00% 3.29% 3.18% Year-end fixed-income Year-end non-U.S. year-over-year. At the end of 2015, we changed the approach used to measure service and interest costs for pension benefits. For 2015, we measured service and interest costs utilizing a single weighted-average discount rate derived from the yield curve used to measure the plan obligations. For 2016, we measured service and interest costs by applying the specific spot rates along that yield curve to the plans’ liability cash flows. We believe the new approach provided a more precise measurement of service and interest costs by aligning the timing of the plans’ liability cash flows to the corresponding spot rates on the yield curve. The impact of this change was a decrease in net periodic pension cost of approximately $64 million for the year ended December 31, 2016. This change did not affect the measurement of our plan obligations. We accounted for this change as a change in accounting estimate and, accordingly, accounted for it on a prospective basis. Components of Net Periodic Pension Cost: Net periodic pension cost consisted of the following: U.S. Plans Non-U.S. For the Years Ended December 31, For the Years Ended December 31, 2016 2015 2014 2016 2015 2014 (in millions) Service cost $ 57 $ 64 $ 57 $ 147 $ 188 $ 184 Interest cost 61 67 67 229 307 388 Expected return on plan assets (97 ) (93 ) (81 ) (418 ) (478 ) (485 ) Amortization: Net loss from experience 42 43 29 120 141 106 Prior service cost (1) 2 2 2 (3 ) 15 – Settlement losses and (2) 30 19 28 6 2 14 Net periodic pension cost $ 95 $ 102 $ 102 $ 81 $ 175 $ 207 (1) For the year ended December 31, 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 – JDE Coffee Business Transactions (2) Settlement losses include $15 million for the year ended December 31, 2016 and $9 million for the year ended December 31, 2015 of pension settlement losses for employees who elected lump-sum lump-sum non-U.S. non-U.S. lump-sum lump-sum non-U.S. Restructuring Programs , Divestitures and Acquisitions – JDE Coffee Business Transactions For the U.S. plans, we determine the expected return on plan assets component of net periodic benefit cost using a calculated market return value that recognizes the cost over a four year period. For our non-U.S. As of December 31, 2016, for the combined U.S. and non-U.S. • an estimated $202 million of net loss from experience differences; and • $1 million of estimated prior service credit. We used the following weighted-average U.S. Plans Non-U.S. For the Years Ended December 31, For the Years Ended December 31, 2016 2015 2014 2016 2015 2014 Discount rate 4.50% 4.20% 5.10% 3.11% 2.99% 4.03% Expected rate of return on 6.75% 7.25% 7.75% 5.87% 5.96% 6.17% Rate of compensation increase 4.00% 4.00% 4.00% 3.18% 3.26% 3.63% Plan Assets: The fair value of pension plan assets was determined using the following fair value measurements: As of December 31, 2016 Quoted Prices Significant Asset Category Total Fair in Active Markets Other (Level 2) Significant (Level 3) (in millions) U.S. equity securities $ 1 $ 1 $ – $ – Non-U.S. 427 427 – – Pooled funds - equity securities 1,524 286 1,235 3 Total equity securities 1,952 714 1,235 3 Government bonds 3,009 37 2,972 – Pooled funds - fixed-income securities 756 103 618 35 Corporate bonds and other 852 357 (43 ) 538 Total fixed-income securities 4,617 497 3,547 573 Real estate 170 98 50 22 Hedge funds – – – – Private equity 2 – – 2 Cash 73 72 1 – Other 3 1 – 2 Total assets in the fair value hierarchy $ 6,817 $ 1,382 $ 4,833 $ 602 Investments measured at net asset value 2,667 Total Investments at fair value $ 9,484 As of December 31, 2015 Quoted Prices Significant Asset Category Total Fair in Active Markets Other (Level 2) Significant (Level 3) (in millions) U.S. equity securities $ 2 $ 2 $ – $ – Non-U.S. 498 412 86 – Pooled funds - equity securities 1,468 275 1,193 – Total equity securities 1,968 689 1,279 – Government bonds 1,770 35 1,735 – Pooled funds - fixed-income securities 575 118 431 26 Corporate bonds and other 1,686 320 701 665 Total fixed-income securities 4,031 473 2,867 691 Real estate 339 109 – 230 Hedge funds – – – – Private equity 2 – – 2 Cash 138 138 – – Other 2 1 – 1 Total assets in the fair value hierarchy $ 6,480 $ 1,410 $ 4,146 $ 924 Investments measured at net asset value 2,422 Total investments at fair value $ 8,902 We excluded plan assets of $62 million at December 31, 2016 and $66 million at December 31, 2015 from the above tables related to certain insurance contracts as they are reported at contract value, in accordance with authoritative guidance. Fair value measurements: • Level 1 – includes primarily U.S and non-U.S. • Level 2 – includes primarily pooled funds, including assets in real estate pooled funds, valued using net asset values of participation units held in common collective trusts, as reported by the managers of the trusts and as supported by the unit prices of actual purchase and sale transactions. Level 2 plan assets also include corporate bonds and other fixed-income securities, valued using independent observable market inputs, such as matrix pricing, yield curves and indices. • Level 3 – includes investments valued using unobservable inputs that reflect the plans’ assumptions that market participants would use in pricing the assets, based on the best information available. • Fair value estimates for pooled funds are calculated by the investment advisor when reliable quotations or pricing services are not readily available for certain underlying securities. The estimated value is based on either cost or last sale price for most of the securities valued in this fashion. • Fair value estimates for private equity investments are calculated by the general partners using the market approach to estimate the fair value of private investments. The market approach utilizes prices and other relevant information generated by market transactions, type of security, degree of liquidity, restrictions on the disposition, latest round of financing data, company financial statements, relevant valuation multiples and discounted cash flow analyses. • Fair value estimates for real estate investments are calculated by the investment managers using the present value of future cash flows expected to be received from the investments, based on valuation methodologies such as appraisals, local market conditions, and current and projected operating performance. • Fair value estimates for investments in hedge fund-of-funds • Fair value estimates for certain fixed-income securities such as insurance contracts are calculated based on the future stream of benefit payments discounted using prevailing interest rates based on the valuation date. • Net asset value – primarily includes real estate funds, hedge funds and private equity investments for which net asset values are normally used. Changes in our Level 3 plan assets, which are recorded in other comprehensive earnings / (losses), included: Asset Category January 1, Net Realized Net Purchases, Net Transfers Currency December 31, (in millions) Non-U.S. $ – $ – $ – $ 3 $ – 3 Pooled funds- fixed-income securities 26 6 15 (7 ) (5 ) 35 Corporate bond and other 665 21 (41 ) – (107 ) 538 Real estate 230 – (184 ) (3 ) (21 ) 22 Hedge funds – – – – – – Private equity 3 – – 1 – 4 Total Level 3 investments $ 924 $ 27 $ (210 ) $ (6 ) $ (133 ) $ 602 Asset Category January 1, Net Realized Net Purchases, Net Transfers Currency December 31, (in millions) Pooled funds- fixed-income securities $ 97 $ (1 ) $ 25 $ (89 ) $ (6 ) $ 26 Corporate bond and other 749 4 (50 ) – (38 ) 665 Real estate 292 19 61 (125 ) (17 ) 230 Hedge funds 829 13 (312 ) (499 ) (31 ) – Private equity 240 17 (36 ) (206 ) (12 ) 3 Total Level 3 investments $ 2,207 $ 52 $ (312 ) $ (919 ) $ (104 ) $ 924 The decreases in Level 3 pension plan investments during 2016 were primarily due to net settlements in real estate funds and the effects of currency. The decreases in Level 3 pension plan investments during 2015 were primarily due to net settlements in hedge funds and the effects of currency. The percentage of fair value of pension plan assets was: U.S. Plans Non-U.S. As of December 31, As of December 31, Asset Category 2016 2015 2016 2015 Equity securities 33% 32% 29% 32% Fixed-income securities 63% 65% 57% 50% Real estate 4% 3% 5% 6% Hedge funds – – 6% 7% Private equity – – 2% 3% Cash – – 1% 1% Other – – – 1% Total 100% 100% 100% 100% For our U.S. plans, our investment strategy is to reduce the risk of underfunded plans in part through appropriate asset allocation within our plan assets. We attempt to maintain our target asset allocation by rebalancing between asset classes as we make contributions and monthly benefit payments. The strategy involves using indexed U.S. equity and international equity securities and actively managed U.S. investment grade fixed-income securities (which constitute 95% or more of fixed-income securities) with smaller allocations to high yield fixed-income securities. For our non-U.S. non-U.S. non-U.S. non-U.S. buy-in Employer Contributions: In 2016, we contributed $378 million (of which, $350 million was voluntarily contributed) to our U.S. pension plans and $403 million (of which, $100 million was a non-recurring non-U.S. non-U.S. non-U.S. In 2017, we estimate that our pension contributions will be $13 million to our U.S. plans and $455 million to our non-U.S. Future Benefit Payments: The estimated future benefit payments from our pension plans at December 31, 2016 were (in millions): Year ending: 2017 2018 2019 2020 2021 2022-2026 U.S. Plans $ 89 $ 97 $ 103 $ 107 $ 108 $ 568 Non-U.S. 357 356 363 378 400 2,138 Multiemployer Pension Plans: In accordance with obligations we have under collective bargaining agreements, we made contributions to multiemployer pension plans of $25 million in 2016, $31 million in 2015 and $32 million in 2014. There are risks of participating in multiemployer pension plans that are different from single employer plans. Assets contributed to a multiemployer plan by one employer may be used to provide benefits to employees of other participating employers. If a participating employer stops contributing to the plan, the unfunded obligations of the plan are borne by the remaining participating employers. If the Company stops participating in its multi-employer pension plans, the Company may be required to pay those plans an amount based on its allocable share of the unfunded vested benefits of the plans, referred to as a withdrawal liability. The only individually significant multiemployer plan we participate in as of December 31, 2016 is the Bakery and Confectionery Union and Industry International Pension Fund (the “Fund”). Our contributions to the Fund exceeded 5% of total contributions to the Fund for fiscal years 2016, 2015 and 2014. Our contributions to the Fund were $21 million in 2016, $27 million in 2015 and $25 million in 2014. Our contributions to other multiemployer pension plans that were not individually significant were $4 million in 2016, $4 million in 2015 and $7 million in 2014. Our contributions are based on our contribution rates under our collective bargaining agreements, the number of our eligible employees and Fund surcharges. Expiration Date Pension FIP / RP of Collective- EIN / Pension Protection Act Status Pending / Surcharge Bargaining Pension Fund Plan Number Zone Status Implemented Imposed Agreements Bakery and Confectionery Union and 526118572 Red Implemented Yes 2/29/2016 Effective January 1, 2012, the Fund’s zone status changed to “Red”. As a result of this certification, beginning in July 2012, we were charged a 10% surcharge on our contribution rates. The Fund subsequently adopted a rehabilitation plan on November 7, 2012 that required contribution increases and reductions to benefit provisions. Although our collective bargaining agreements with the Fund expired during 2016, we are obligated to make contributions to the Fund and we continue to work with the union toward reaching an agreement. The Fund’s actuarial valuation was last completed as of January 1, 2016. As of August 28, 2016, the 10% surcharge is no longer applicable but we are required to pay higher contributions under the Fund’s rehabilitation plan. Other Costs: We sponsor and contribute to employee defined contribution plans. These plans cover eligible salaried, non-union Postretirement Benefit Plans Obligations: Our postretirement health care plans are not funded. The changes in and the amount of the accrued benefit obligation were: As of December 31, 2016 2015 (in millions) Accrued benefit obligation at January 1 $ 511 $ 538 Service cost 12 15 Interest cost 20 22 Benefits paid (14 ) (10 ) Plan amendments (1) (149 ) – Currency 3 (22 ) Assumption changes 34 (30 ) Actuarial (gains) / losses (23 ) (2 ) Accrued benefit obligation at December 31 $ 394 $ 511 (1) Plan amendments included a change in eligibility requirements related to medical and life insurance benefits and a change in benefits for Medicare-eligible participants. The current portion of our accrued postretirement benefit obligation of $12 million at December 31, 2016 and $11 million at December 31, 2015 was included in other accrued liabilities. We used the following weighted-average U.S. Plans Non-U.S. As of December 31, As of December 31, 2016 2015 2016 2015 Discount rate 4.14% 4.60% 4.55% 4.77% Health care cost trend rate 6.50% 6.50% 5.50% 5.37% Ultimate trend rate 5.00% 5.00% 5.68% 5.55% Year that the rate reaches the 2020 2020 2018 2018 Year-end fixed-income Year-end non-U.S. At the end 2015, we changed the approach used to measure service and interest costs for other postretirement benefits. For 2015, we measured service and interest costs utilizing a single weighted-average discount rate derived from the yield curve used to measure the plan obligations. For 2016, we measured service and interest costs by applying the specific spot rates along that yield curve to the plans’ liability cash flows. We believe the new approach provided a more precise measurement of service and interest costs by aligning the timing of the plans’ liability cash flows to the corresponding spot rates on the yield curve. The impact of this change was a decrease in net periodic postretirement cost of approximately $4 million for the year ended December 31, 2016. This change does not affect the measurement of our plan obligations. We accounted for this change as a change in accounting estimate and, accordingly, accounted for it on a prospective basis. Assumed health care cost trend rates have a significant impact on the amounts reported for the health care plans. A one-percentage-point As of December 31, 2016 One-Percentage-Point Increase Decrease (in millions) Effect on postretirement benefit obligation $ 41 $ (33 ) Effect on annual service and interest cost 3 (2 ) Components of Net Periodic Postretirement Health Care Costs: Net periodic postretirement health care costs consisted of the following: For the Years Ended December 31, 2016 2015 2014 (in millions) Service cost $ 12 $ 15 $ 13 Interest cost 20 22 22 Amortization: Net loss from experience differences 10 13 5 Prior service credit (1) (20 ) (7 ) (10 ) Net periodic postretirement health care costs $ 22 $ 43 $ 30 (1) For the year ended December 31, 2016, amortization of prior service credit includes $9 million of curtailment gain related to a change in the eligibility requirement. As of December 31, 2016, we expected to amortize from accumulated other comprehensive earnings / (losses) into pre-tax • an estimated $15 million of net loss from experience differences, and • an estimated $40 million of prior service credit. We used the following weighted-average U.S. Plans Non-U.S. For the Years Ended December 31, For the Years Ended December 31, 2016 2015 2014 2016 2015 2014 Discount rate 4.60% 4.20% 5.10% 4.77% 4.52% 5.17% Health care cost trend rate 6.50% 6.50% 7.00% 5.50% 5.18% 5.11% Future Benefit Payments: Our estimated future benefit payments for our postretirement health care plans at December 31, 2016 were (in millions): Year ending: 2017 2018 2019 2020 2021 2022-2026 U.S. Plans $8 $10 $11 $12 $13 $80 Non-U.S. 5 5 5 6 6 34 Other Costs: We made contributions to multiemployer medical plans totaling $19 million in 2016, $20 million in 2015 and $18 million in 2014. These plans provide medical benefits to active employees and retirees under certain collective bargaining agreements. Postemployment Benefit Plans Obligations: Our postemployment plans are primarily not funded. The changes in and the amount of the accrued benefit obligation at December 31, 2016 and 2015 were: 2016 2015 (in millions) Accrued benefit obligation at January 1 $ 95 $ 94 Service cost 7 7 Interest cost 6 5 Benefits paid (9 ) (7 ) Assumption changes (21 ) (3 ) Actuarial gains (7 ) (1 ) Accrued benefit obligation at December 31 $ 71 $ 95 The accrued benefit obligation was determined using a weighted-average discount rate of 6.2% in 2016 and 2015, an assumed weighted-average ultimate annual turnover rate of 0.3% in 2016 and 2015, assumed compensation cost increases of 4.0% in 2016 and 2015 and assumed benefits as defined in the respective plans. Postemployment costs arising from actions that offer employees benefits in excess of those specified in the respective plans are charged to expense when incurred. Components of Net Periodic Postemployment Costs: Net periodic postemployment costs consisted of the following: For the Years Ended December 31, 2016 2015 2014 (in millions) Service cost $ 7 $ 7 $ 9 Interest cost 6 5 6 Amortization of net gains (1 ) – – Net periodic postemployment costs $ 12 $ 12 $ 15 As of December 31, 2016, the estimated net gain for the postemployment benefit plans that we expected to amortize from accumulated other comprehensive earnings / (losses) into net periodic postemployment costs during 2017 was approximately $4 million.

Stock Plans

Stock Plans	12 Months Ended
	Dec. 31, 2016
Stock Plans	Note 10. Stock Plans Under our Amended and Restated 2005 Performance Incentive Plan (the “Plan”), we are authorized through May 21, 2024 to issue a maximum of 243.7 million shares of our Common Stock to employees and non-employee Stock Options: Stock options (including stock appreciation rights) are granted at an exercise price equal to the market value of the underlying stock on the grant date, generally become exercisable in three annual installments beginning on the first anniversary of the grant date and have a maximum term of ten years. We account for our employee stock options under the fair value method of accounting using a Black-Scholes Our weighted-average Black-Scholes fair value assumptions were: Risk-Free Expected Life Expected Expected Fair Value 2016 1.40% 6 years 23.11% 1.61% $ 7.86 2015 1.70% 6 years 18.51% 1.61% $ 6.12 2014 1.87% 6 years 21.48% 1.64% $ 6.60 The risk-free interest rate represents the constant maturity U.S. government treasuries rate with a remaining term equal to the expected life of the options. The expected life is the period over which our employees are expected to hold their options. Volatility reflects historical movements in our stock price for a period commensurate with the expected life of the options. The dividend yield reflects the dividend yield in place at the time of the historical grants. Stock option activity is reflected below: Weighted- Average Average Exercise or Remaining Aggregate Shares Subject Grant Price Contractual Intrinsic to Option Per Share Term Value Balance at January 1, 2014 55,783,439 $ 21.96 $ 744 million Annual grant to eligible employees 9,919,810 34.17 Additional options issued 500,250 33.65 Total options granted 10,420,060 34.14 Options exercised (1) (8,076,550 ) 20.85 $ 125 million Options cancelled (1,695,398 ) 27.65 Balance at December 31, 2014 56,431,551 24.19 $ 685 million Annual grant to eligible employees 8,899,530 36.94 Additional options issued 901,340 35.84 Total options granted 9,800,870 36.84 Options exercised (1) (6,444,515 ) 22.94 $ 108 million Options cancelled (2,753,798 ) 32.35 Balance at December 31, 2015 (2) 57,034,108 26.12 $ 1,068 million Annual grant to eligible employees 7,517,290 39.70 Additional options issued 115,800 42.26 Total options granted 7,633,090 39.74 Options exercised (1) (8,883,101 ) 24.09 $ 174 million Options cancelled (2,182,485 ) 35.23 Balance at December 31, 2016 53,601,612 28.02 6 years $ 874 million Exercisable at December 31, 2016 39,016,883 24.43 5 years $ 777 million (1) Cash received from options exercised was $221 million in 2016, $148 million in 2015 and $168 million in 2014. The actual tax benefit realized for the tax deductions from the option exercises totaled $31 million in 2016, $58 million in 2015 and $29 million in 2014. (2) Prior-year aggregate intrinsic value has been revised. Deferred Stock Units, Performance Share Units and Restricted Stock: Historically we have made grants of deferred stock units, performance share units and restricted stock. Beginning in 2016, we only grant deferred stock units and performance share units and no longer grant restricted stock. We may grant shares of deferred stock units to eligible employees, giving them, in most instances, all of the rights of shareholders, except that they may not sell, assign, pledge or otherwise encumber the shares and our deferred stock units do not have voting rights until vested. Shares of deferred stock units are subject to forfeiture if certain employment conditions are not met. Deferred stock units generally vest on the third anniversary of the grant date. Performance share units granted under our 2005 Plan vest based on varying performance, market and service conditions. The unvested performance share units have no voting rights and do not pay dividends. Dividend equivalents accumulated over the vesting period are paid only after the performance share units vest. The fair value of the deferred stock units, performance share units and restricted stock at the date of grant is amortized to earnings over the restriction period. We recorded compensation expense related to deferred stock units, performance share units and restricted stock of $83 million in 2016, $86 million in 2015 and $94 million in 2014 in our results from continuing operations. The deferred tax benefit recorded related to this compensation expense was $22 million in 2016, $24 million in 2015 and $26 million in 2014. The unamortized compensation expense related to our deferred stock units, performance share units and restricted stock was $111 million at December 31, 2016 and is expected to be recognized over a weighted-average period of 2 years. Our deferred stock unit, performance share unit and restricted stock activity is reflected below: Weighted-Average Weighted-Average Number Fair Value Aggregate of Shares Grant Date Per Share Fair Value Balance at January 1, 2014 11,648,587 $ 24.48 Annual grant to eligible employees: Feb. 19, 2014 Performance share units 1,143,620 34.97 Restricted stock 750,410 34.17 Deferred stock units 1,240,820 34.17 Additional shares granted (1) 935,463 Various 33.15 Total shares granted 4,070,313 34.16 $ 139 million Vested (2) (4,380,452 ) 22.98 $ 101 million Forfeited (2) (755,808 ) 28.14 Balance at December 31, 2014 10,582,640 28.56 Annual grant to eligible employees: Feb. 18, 2015 Performance share units 1,598,290 36.94 Restricted stock 386,910 36.94 Deferred stock units 866,640 36.94 Additional shares granted (1) 1,087,322 Various 39.35 Total shares granted 3,939,162 37.61 $ 148 million Vested (2) (3,905,745 ) 37.83 $ 148 million Forfeited (2) (1,197,841 ) 32.51 Balance at December 31, 2015 9,418,216 28.00 Annual grant to eligible employees: Feb. 22, 2016 Performance share units 1,406,500 39.70 Deferred stock units 1,040,790 39.70 Additional shares granted (1) 864,851 Various 31.29 Total shares granted 3,312,141 37.50 $ 124 million Vested (2) (3,992,902 ) 40.22 $ 161 million Forfeited (2) (1,143,828 ) 37.49 Balance at December 31, 2016 7,593,627 24.29 (1) Includes performance share units, deferred stock units and restricted stock. (2) Includes performance share units, deferred stock units and restricted stock. The actual tax benefit realized for the tax deductions from the shares vested totaled $18 million in 2016, $18 million in 2015 and $20 million in 2014.

Capital Stock

Capital Stock	12 Months Ended
	Dec. 31, 2016
Common Class A
Capital Stock	Note 11. Capital Stock Our amended and restated articles of incorporation authorize 5.0 billion shares of Class A common stock (“Common Stock”) and 500 million shares of preferred stock. There were no preferred shares issued and outstanding at December 31, 2016, 2015 and 2014. Shares of Common Stock issued, in treasury and outstanding were: Shares Shares Issued Treasury Shares Outstanding Balance at January 1, 2014 1,996,537,778 (291,141,184 ) 1,705,396,594 Shares repurchased – (51,931,864 ) (51,931,864 ) Exercise of stock options and issuance of – 10,176,269 10,176,269 Balance at December 31, 2014 1,996,537,778 (332,896,779 ) 1,663,640,999 Shares repurchased – (91,875,878 ) (91,875,878 ) Exercise of stock options and issuance of – 8,268,033 8,268,033 Balance at December 31, 2015 1,996,537,778 (416,504,624 ) 1,580,033,154 Shares repurchased – (61,972,713 ) (61,972,713 ) Exercise of stock options and issuance of – 10,305,100 10,305,100 Balance at December 31, 2016 1,996,537,778 (468,172,237 ) 1,528,365,541 Stock plan awards to employees and non-employee 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 program, 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. Prior to January 1, 2016, we had repurchased $8.2 billion of Common Stock pursuant to this authorization. During 2016, we repurchased 62.0 million shares of Common Stock at an average cost of $41.97 per share, or an aggregate cost of $2.6 billion, all of which was paid during 2016. All share repurchases were funded through available cash and commercial paper issuances. During 2015, we repurchased 91.9 million shares of Common Stock at an average cost of $39.43 per share, or an aggregate cost of $3.6 billion, all of which was paid during 2015. As of December 31, 2016, we have $2.8 billion in remaining share repurchase capacity. In December 2013, we initiated an accelerated share repurchase (“ASR”) program. On December 3, 2013, we paid $1.7 billion and received an initial delivery of 44.8 million shares of Common Stock valued at $1.5 billion. We increased treasury stock by $1.5 billion, and the remaining $0.2 billion was recorded against additional paid in capital. In May 2014, the ASR program concluded and we received an additional 5.1 million shares, valued at $0.2 billion, for a total of 49.9 million shares with an average repurchase price of $34.10 per share over the life of the ASR program. The final settlement was based on the volume-weighted average price of our Common Stock during the purchase period less a fixed per share discount. Upon conclusion of the ASR program and receipt of the remaining repurchased shares, the $0.2 billion recorded in additional paid in capital was reclassified to treasury stock.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies	Note 12. 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. As we previously disclosed in February 2011, we received a subpoena from the SEC in connection with an investigation under the Foreign Corrupt Practices Act (“FCPA”), primarily related to a facility in India that we acquired in the Cadbury acquisition. The subpoena primarily requested information regarding dealings with Indian governmental agencies and officials to obtain approvals related to the operation of that facility. In January 2017, we reached an agreement with the SEC to settle charges related to internal controls and books-and-records 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 ($55 million as of December 31, 2016) 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 ($86 million as of December 31, 2016). We have appealed this order. In addition, the Excise Authority issued additional show cause notices in February 2015 and December 2015 on the same issue but covering the periods January to October 2014 and November 2014 to September 2015, respectively. These notices added a total of 2.4 billion Indian rupees ($35 million as of December 31, 2016) of unpaid excise taxes as well as penalties to be determined up to an amount equivalent to that claimed by the Excise Authority and interest. 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 non-competitive exchange-for-physical 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 December 31, 2016, we had no material third-party guarantees recorded on our consolidated balance sheet. Leases: Rental expenses recorded in continuing operations were $317 million in 2016, $331 million in 2015 and $399 million in 2014. As of December 31, 2016, minimum rental commitments under non-cancelable year-end 2017 2018 2019 2020 2021 Thereafter Total $ 241 $ 175 $ 143 $ 115 $ 90 $ 157 $ 921

Reclassifications from Accumula

Reclassifications from Accumulated Other Comprehensive Income	12 Months Ended
	Dec. 31, 2016
Reclassifications from Accumulated Other Comprehensive Income	Note 13. Reclassifications from Accumulated Other Comprehensive Income The following table summarizes the changes in the accumulated balances of each component of accumulated other comprehensive earnings / (losses) attributable to Mondelēz International. Amounts reclassified from accumulated other comprehensive earnings / (losses) to net earnings (net of tax) were net losses of $250 million in 2016, $350 million in 2015 and $79 million in 2014. For the Years Ended December 31, 2016 2015 2014 (in millions) Currency Translation Adjustments: Balance at beginning of period $ (8,006 ) $ (5,042 ) $ (1,414 ) Currency translation adjustments (847 ) (2,905 ) (3,433 ) Reclassification to earnings related to: Venezuela deconsolidation – 99 – Equity method investment exchange 57 – – Tax (expense) / benefit (135 ) (184 ) (228 ) Other comprehensive earnings / (losses) (925 ) (2,990 ) (3,661 ) Less: loss attributable to noncontrolling interests 17 26 33 Balance at end of period (8,914 ) (8,006 ) (5,042 ) Pension and Other Benefit Plans: Balance at beginning of period $ (1,934 ) $ (2,274 ) $ (1,592 ) Net actuarial gain / (loss) arising during period (491 ) (60 ) (1,388 ) Tax (expense) / benefit on net actuarial gain / (loss) 70 3 442 Losses / (gains) reclassified into net earnings: Amortization of experience losses and prior service costs (1) 150 207 132 Settlement losses (1) 36 111 42 Venezuela deconsolidation – 2 – Tax (expense) / benefit on reclassifications (2) (46 ) (69 ) (56 ) Currency impact 128 146 146 Other comprehensive earnings / (losses) (153 ) 340 (682 ) Balance at end of period (2,087 ) (1,934 ) (2,274 ) Derivative Cash Flow Hedges: Balance at beginning of period $ (46 ) $ (2 ) $ 117 Net derivative gains / (losses) (151 ) (75 ) (166 ) Tax (expense) / benefit on net derivative gain / (loss) 20 30 86 Losses / (gains) reclassified into net earnings: Currency exchange contracts – (3) 3 (90 ) (27 ) Commodity contracts (3) 9 64 (21 ) Interest rate contracts (4) 83 47 3 Tax (expense) / benefit on reclassifications (2) (42 ) (21 ) 6 Currency impact 3 1 – Other comprehensive earnings / (losses) (75 ) (44 ) (119 ) Balance at end of period (121 ) (46 ) (2 ) Accumulated other comprehensive income attributable to Mondelēz International: Balance at beginning of period $ (9,986 ) $ (7,318 ) $ (2,889 ) Total other comprehensive earnings / (losses) (1,153 ) (2,694 ) (4,462 ) Less: loss attributable to noncontrolling interests 17 26 33 Other comprehensive earnings / (losses) attributable to Mondelēz International (1,136 ) (2,668 ) (4,429 ) Balance at end of period $ (11,122 ) $ (9,986 ) $ (7,318 ) (1) These reclassified gains or losses are included in the components of net periodic benefit costs disclosed in Note 9, Benefit Plans (2) Taxes related to reclassified gains or losses are recorded within the provision for income taxes. (3) These reclassified gains or losses are recorded within cost of sales. (4) These reclassified gains or losses are recorded within interest and other expense, net.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Taxes	Note 14. Income Taxes Earnings / (losses) from continuing operations before income taxes and the provision for income taxes consisted of: For the Years Ended December 31, 2016 2015 2014 (in millions) Earnings / (losses) from continuing operations United States $ (364 ) $ 43 $ (135 ) Outside United States 1,818 7,841 2,689 Total $ 1,454 $ 7,884 $ 2,554 Provision for income taxes: United States federal: Current $ (227 ) $ (90 ) $ (125 ) Deferred 141 136 28 (86 ) 46 (97 ) State and local: Current 7 6 20 Deferred 8 (3 ) 11 15 3 31 Total United States (71 ) 49 (66 ) Outside United States: Current 490 707 644 Deferred (290 ) (163 ) (225 ) Total outside United States 200 544 419 Total provision for income taxes $ 129 $ 593 $ 353 We recorded out-of-period The effective income tax rate on pre-tax For the Years Ended December 31, 2016 2015 2014 U.S. federal statutory rate 35.0% 35.0% 35.0% Increase / (decrease) resulting from: State and local income taxes, net of federal tax benefit excluding IRS audit impacts 0.8% (0.1)% 0.3% Foreign rate differences (18.6)% (2.5)% (14.5)% Reversal of other tax accruals no longer required (7.7)% (1.4)% (10.5)% Tax accrual on investment in Keurig 2.3% – – Tax legislation (4.0)% (0.5)% – Gains on coffee business transactions and divestitures – (26.9)% – Loss on deconsolidation of Venezuela – 3.5% – Remeasurement of net monetary assets in Venezuela – – 1.7% Non-deductible 0.9% 0.3% 1.5% Other 0.2% 0.1% 0.3% Effective tax rate 8.9% 7.5% 13.8% Our 2016 effective tax rate of 8.9% was favorably impacted by the mix of pre-tax non-U.S. one-time Our 2015 effective tax rate of 7.5% was favorably impacted by the one-time pre-tax pre-tax non-U.S. one-time one-time Our 2014 effective tax rate of 13.8% was favorably impacted by the mix of pre-tax non-U.S. one-time The tax effects of temporary differences that gave rise to deferred income tax assets and liabilities consisted of the following: As of December 31, 2016 2015 (in millions) Deferred income tax assets: Accrued postretirement and postemployment benefits $ 214 $ 230 Accrued pension costs 370 414 Other employee benefits 237 265 Accrued expenses 379 343 Loss carryforwards 619 636 Other 331 352 Total deferred income tax assets 2,150 2,240 Valuation allowance (310 ) (303 ) Net deferred income tax assets $ 1,840 $ 1,937 Deferred income tax liabilities: Intangible assets $ (5,174 ) $ (5,365 ) Property, plant and equipment (557 ) (636 ) Other (472 ) (409 ) Total deferred income tax liabilities (6,203 ) (6,410 ) Net deferred income tax liabilities $ (4,363 ) $ (4,473 ) At December 31, 2016, the company has pre-tax Our significant valuation allowances relate to loss carryforwards in Mexico and Ireland where we do not currently expect to generate gains of the proper character to utilize the carryforwards in the future. At December 31, 2016, neither applicable U.S. federal income taxes nor foreign withholding taxes have been provided on approximately $19.8 billion of accumulated earnings of non-U.S. non-U.S. The changes in our unrecognized tax benefits were: For the Years Ended December 31, 2016 2015 2014 (in millions) January 1 $ 756 $ 852 $ 1,189 Increases from positions taken during prior periods 18 34 143 Decreases from positions taken during prior periods (123 ) (74 ) (247 ) Increases from positions taken during the current period 90 84 147 Decreases relating to settlements with taxing authorities (75 ) (13 ) (203 ) Reductions resulting from the lapse of the applicable statute of limitations (43 ) (41 ) (64 ) Currency / other (13 ) (86 ) (113 ) December 31 $ 610 $ 756 $ 852 As of January 1, 2016, our unrecognized tax benefits were $756 million. If we had recognized all of these benefits, the net impact on our income tax provision would have been $652 million. Our unrecognized tax benefits were $610 million at December 31, 2016, and if we had recognized all of these benefits, the net impact on our income tax provision would have been $549 million. Within the next 12 months, our unrecognized tax benefits could increase by approximately $40 million due to unfavorable audit developments or decrease by approximately $160 million due to audit settlements and the expiration of statutes of limitations in various jurisdictions. We include accrued interest and penalties related to uncertain tax positions in our tax provision. We had accrued interest and penalties of $185 million as of January 1, 2016 and $189 million as of December 31, 2016. Our 2016 provision for income taxes included $15 million for interest and penalties. Our income tax filings are regularly examined by federal, state and non-U.S. non-U.S. non-U.S.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share	Note 15. Earnings Per Share Basic and diluted earnings per share (“EPS”) were calculated as follows: For the Years Ended December 31, 2016 2015 2014 (in millions, except per share data) Net earnings $ 1,669 $ 7,291 $ 2,201 Noncontrolling interest (10 ) (24 ) (17 ) Net earnings attributable to Mondelēz International $ 1,659 $ 7,267 $ 2,184 Weighted-average shares for basic EPS 1,556 1,618 1,691 Plus incremental shares from assumed conversions of 17 19 18 Weighted-average shares for diluted EPS 1,573 1,637 1,709 Basic earnings per share attributable to $ 1.07 $ 4.49 $ 1.29 Diluted earnings per share attributable to $ 1.05 $ 4.44 $ 1.28 We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 7.8 million antidilutive stock options for the year ended December 31, 2016, 5.1 million antidilutive stock options for the year ended December 31, 2015 and 8.6 million antidilutive stock options for the year ended December 31, 2014.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2016
Segment Reporting	Note 16. 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 four reportable operating segments: • Latin America • AMEA • Europe • North America On October 1, 2016, we integrated our EEMEA operating segment into our Europe and Asia Pacific operating segments to further leverage and optimize the operating scale built within the Europe and Asia Pacific regions. Russia, Ukraine, Turkey, Belarus, Georgia and Kazakhstan were combined within our Europe operating segment, while the remaining Middle East and African countries were combined within our Asia Pacific region to form the AMEA regional operating segment. We have reflected the segment change as if it had occurred in all periods presented. 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. Our regional management teams have responsibility for the business, product categories and financial results in the regions. Historically, we have recorded income from equity method investments within our operating income as these investments were part 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 equity method investment earnings outside of segment operating income. For the six months ended December 31, 2015, after-tax Summary of Significant Accounting Policies – Principles of Consolidation, Divestitures and Acquisitions In 2015, we also began to report stock-based compensation for our corporate employees within general corporate expenses that were reported within our North America region. We reclassified $32 million of corporate stock-based compensation expense in 2015 from the North America segment to general corporate expenses. 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 JDE coffee business transactions, loss on deconsolidation of Venezuela 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, net. Accordingly, we do not present these items by segment because they are excluded from the segment profitability measure that management reviews. Our segment net revenues and earnings, revised to reflect our new segment structure, were: For the Years Ended December 31, 2016 2015 2014 (in millions) Net revenues: Latin America (1) $ 3,392 $ 4,988 $ 5,153 AMEA (2) 5,816 6,002 6,367 Europe (2) 9,755 11,672 15,788 North America 6,960 6,974 6,936 Net revenues $ 25,923 $ 29,636 $ 34,244 (1) Net revenues of $1,217 million for 2015 and $760 million for 2014 from our Venezuelan subsidiaries are included in our consolidated financial statements. Beginning in 2016, we account for our Venezuelan subsidiaries using the cost method of accounting and no longer include net revenues of our Venezuelan subsidiaries within our consolidated financial statements. Refer to Note 1, Summary of Significant Accounting Policies – Currency Translation and Highly Inflationary Accounting: Venezuela, (2) On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segments. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions – JDE Coffee Business Transactions For the Years Ended December 31, 2016 2015 2014 (in millions) Earnings before income taxes: Operating income: Latin America $ 271 $ 485 $ 475 AMEA 506 389 530 Europe 1,267 1,350 1,952 North America 1,078 1,105 922 Unrealized (losses) / gains on hedging activities (mark-to-market (94 ) 96 (112 ) General corporate expenses (291 ) (383 ) (317 ) Amortization of intangibles (176 ) (181 ) (206 ) Gains on divestitures and JDE coffee business transactions 9 6,822 – Loss on deconsolidation of Venezuela – (778 ) – Acquisition-related costs (1 ) (8 ) (2 ) Operating income 2,569 8,897 3,242 Interest and other expense, net (1,115 ) (1,013 ) (688 ) Earnings before income taxes $ 1,454 $ 7,884 $ 2,554 No single customer accounted for 10% or more of our net revenues from continuing operations in 2016. Our five largest customers accounted for 16.6% and our ten largest customers accounted for 22.9% of net revenues from continuing operations in 2016. Items impacting our segment operating results are discussed in Note 1, Summary of Significant Accounting Policies, Divestitures and Acquisitions, Goodwill and Intangible Assets, Restructuring Programs Debt and Borrowing Arrangements Financial Instruments, Total assets, depreciation expense and capital expenditures by segment, revised to reflect our new segment structure, were: For the Years Ended December 31, 2016 2015 2014 (in millions) Total assets: Latin America $ 5,156 $ 4,673 $ 6,470 AMEA 10,031 10,460 10,549 Europe 19,934 21,026 27,240 North America 20,694 21,175 21,287 Equity method investments 5,585 5,387 662 Unallocated assets (1) 138 122 563 Total assets $ 61,538 $ 62,843 $ 66,771 (1) 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. We had debt issuance costs related to recognized debt liabilities of $40 million as of December 31, 2016, $46 million as of December 31, 2015 and $44 million as of December 31, 2014. For the Years Ended December 31, 2016 2015 2014 (in millions) Depreciation expense: Latin America $ 92 $ 94 $ 118 AMEA 161 155 154 Europe 253 299 407 North America 141 165 174 Total depreciation expense $ 647 $ 713 $ 853 For the Years Ended December 31, 2016 2015 2014 (in millions) Capital Expenditures: Latin America $ 321 $ 354 $ 460 AMEA 349 381 451 Europe 294 517 553 North America 260 262 178 Total capital expenditures $ 1,224 $ 1,514 $ 1,642 Geographic data for net revenues (recognized in the countries where products are sold) and long-lived assets, excluding deferred tax, goodwill, intangible assets and equity method investments, were: For the Years Ended December 31, 2016 2015 2014 (in millions) Net revenues: United States $ 6,329 $ 6,302 $ 6,143 Other 19,594 23,334 28,101 Total net revenues $ 25,923 $ 29,636 $ 34,244 As of December 31, 2016 2015 2014 (in millions) Long-lived assets: United States $ 1,508 $ 1,551 $ 1,564 Other 7,229 7,238 8,801 Total long-lived assets $ 8,737 $ 8,789 $ 10,365 No individual country within Other exceeded 10% of our net revenues or long-lived assets for all periods presented. Net revenues by product category, revised to reflect our new segment structure, were: For the Year Ended December 31, 2016 Latin North America (1) AMEA Europe America Total (1) (in millions) Biscuits $ 734 $ 1,588 $ 2,703 $ 5,565 $ 10,590 Chocolate 743 1,901 4,840 255 7,739 Gum & Candy 938 953 916 1,140 3,947 Beverages 657 611 177 – 1,445 Cheese & Grocery 320 763 1,119 – 2,202 Total net revenues $ 3,392 $ 5,816 $ 9,755 $ 6,960 $ 25,923 For the Year Ended December 31, 2015 Latin North America (1) AMEA Europe (3) America Total (1) (in millions) Biscuits $ 1,605 $ 1,539 $ 2,680 $ 5,569 $ 11,393 Chocolate 840 1,928 5,050 256 8,074 Gum & Candy 1,091 1,003 1,015 1,149 4,258 Beverages (2) 767 730 1,763 – 3,260 Cheese & Grocery 685 802 1,164 – 2,651 Total net revenues $ 4,988 $ 6,002 $ 11,672 $ 6,974 $ 29,636 For the Year Ended December 31, 2014 Latin North America (1) AMEA Europe (3) America Total (1) (in millions) Biscuits $ 1,322 $ 1,442 $ 3,259 $ 5,486 $ 11,509 Chocolate 1,054 2,073 5,997 296 9,420 Gum & Candy 1,176 1,098 1,232 1,154 4,660 Beverages (2) 940 836 3,902 – 5,678 Cheese & Grocery 661 918 1,398 – 2,977 Total net revenues $ 5,153 $ 6,367 $ 15,788 $ 6,936 $ 34,244 (1) In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies Currency Translation and Highly Inflationary Accounting: Venezuela (2) On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segment beverage categories. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions – JDE Coffee Business Transactions (3) During 2016, we realigned some of our products across product categories primarily within our Europe segment and as such, we reclassified the product category net revenues on a basis consistent with the 2016 presentation.

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Data (Unaudited)	Note 17. Quarterly Financial Data (Unaudited) Our summarized operating results by quarter are detailed below. 2016 Quarters First Second Third Fourth (in millions, except per share data) Net revenues $ 6,455 $ 6,302 $ 6,396 $ 6,770 Gross profit 2,535 2,516 2,488 2,589 Provision for income taxes (49 ) (118 ) (40 ) 78 Gain on equity method investment exchange 43 – – – Equity method investment net earnings (1) 85 102 31 83 Net earnings (2) $ 557 $ 471 $ 548 $ 93 Noncontrolling interest (3 ) (7 ) – – Net earnings attributable to Mondelēz International $ 554 $ 464 $ 548 $ 93 Weighted-average shares for basic EPS 1,569 1,557 1,557 1,540 Plus incremental shares from assumed conversions of 18 19 19 19 Weighted-average shares for diluted EPS 1,587 1,576 1,576 1,559 Per share data: Basic EPS attributable to Mondelēz International: $ 0.35 $ 0.30 $ 0.35 $ 0.06 Diluted EPS attributable to Mondelēz International: $ 0.35 $ 0.29 $ 0.35 $ 0.06 Dividends declared $ 0.17 $ 0.17 $ 0.19 $ 0.19 Market price - high $ 44.45 $ 45.75 $ 46.36 $ 46.40 - low $ 35.88 $ 39.53 $ 41.96 $ 40.50 2015 Quarters First Second Third Fourth (in millions, except per share data) Net revenues $ 7,762 $ 7,661 $ 6,849 $ 7,364 Gross profit 2,941 3,066 2,670 2,835 Provision for income taxes 113 100 348 32 Equity method investment net (losses) / earnings (2) – – (72 ) 72 Net earnings / (loss) (1) $ 312 $ 427 $ 7,268 $ (716 ) Noncontrolling interest 12 (21 ) (2 ) (13 ) Net earnings / (loss) attributable to Mondelēz International $ 324 $ 406 $ 7,266 $ (729 ) Weighted-average shares for basic EPS 1,648 1,625 1,609 1,589 Plus incremental shares from assumed conversions of 17 18 20 21 Weighted-average shares for diluted EPS 1,665 1,643 1,629 1,610 Per share data: Basic EPS attributable to Mondelēz International: $ 0.20 $ 0.25 $ 4.52 $ (0.46 ) Diluted EPS attributable to Mondelēz International (3) $ 0.19 $ 0.25 $ 4.46 $ (0.46 ) Dividends declared $ 0.15 $ 0.15 $ 0.17 $ 0.17 Market price - high $ 37.88 $ 41.81 $ 48.58 $ 47.42 - low $ 33.97 $ 35.93 $ 38.91 $ 41.55 (1) 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 JDE earnings, we began to record the earnings from our equity method investments in after-tax after-tax Pre-tax Summary of Significant Accounting Policies – Principles of Consolidation, Divestitures and Acquisitions – JDE Tax Matter Resolution (2) See the following table for significant items that affected the comparability of earnings each quarter. (3) In the fourth quarter of 2015, we recorded a net loss, primarily due to the loss on deconsolidation of Venezuela and coffee business transaction final sales price adjustment. In accordance with U.S. GAAP, due to the net loss in the quarter, diluted EPS was equal to basic EPS. Basic and diluted EPS are computed independently for each of the periods presented. Accordingly, the sum of the quarterly EPS amounts may not equal the total for the year. During 2016 and 2015, we recorded the following pre-tax 2016 Quarters First Second Third Fourth (in millions) Asset impairment and exit costs $ (154 ) $ (166 ) $ (190 ) $ (342 ) Loss related to interest rate swaps (97 ) – – – Divestiture-related costs – (84 ) – (2 ) Loss on early extinguishment of – – – (427 ) $ (251 ) $ (250 ) $ (190 ) $ (771 ) 2015 Quarters First Second Third Fourth (in millions) Asset impairment and exit costs $ (160 ) $ (231 ) $ (155 ) $ (355 ) Remeasurement of net monetary assets (11 ) – – – Loss on deconsolidation of Venezuela – – – (778 ) Gains / (loss) on JDE coffee business – 13 7,122 (313 ) JDE coffee business transactions currency- 551 (144 ) 29 – Loss related to interest rate swaps (34 ) Loss on early extinguishment of (713 ) – – (40 ) $ (367 ) $ (362 ) $ 6,996 $ (1,486 ) Items impacting our operating results are discussed in Note 1, Summary of Significant Accounting Policies, Divestitures and Acquisitions, Goodwill and Intangible Assets Restructuring Programs, Debt and Borrowing Arrangements

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2016
Valuation and Qualifying Accounts	Mondelēz International, Inc. and Subsidiaries Valuation and Qualifying Accounts For the Years Ended December 31, 2016, 2015 and 2014 (in millions) Col. A Col. B Col. C Col. D Col. E Additions Description Balance at Charged to Charged to Deductions Balance at (a) (b) 2016: Allowance for trade receivables $ 54 $ 18 $ (1 ) $ 13 $ 58 Allowance for other current receivables 109 (2 ) (13 ) 1 93 Allowance for long-term receivables 16 1 3 – 20 Allowance for deferred taxes 303 67 (28 ) 32 310 $ 482 $ 84 $ (39 ) $ 46 $ 481 2015: Allowance for trade receivables $ 66 $ 14 $ (11 ) $ 15 $ 54 Allowance for other current receivables 91 12 7 1 109 Allowance for long-term receivables 14 5 (3 ) – 16 Allowance for deferred taxes 345 46 (35 ) 53 303 $ 516 $ 77 $ (42 ) $ 69 $ 482 2014: Allowance for trade receivables $ 86 $ 9 $ (10 ) $ 19 $ 66 Allowance for other current receivables 73 39 (13 ) 8 91 Allowance for long-term receivables 16 1 (2 ) 1 14 Allowance for deferred taxes 335 61 (25 ) 26 345 $ 510 $ 110 $ (50 ) $ 54 $ 516 Notes: (a) Primarily related to divestitures, acquisitions and currency translation. (b) Represents charges for which allowances were created.

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Description of Business	Description of Business: Mondelēz International, Inc. was incorporated in 2000 in the Commonwealth of Virginia. Mondelēz International, Inc., through its subsidiaries (collectively “Mondelēz International,” “we,” “us” and “our”), sells food and beverage products to consumers in approximately 165 countries.
Principles of Consolidation	Principles of Consolidation: The consolidated financial statements include Mondelēz International, Inc. as well as our wholly owned and majority owned subsidiaries. For all periods presented through December 31, 2015, the operating results of our Venezuelan subsidiaries are included in our consolidated financial statements. As of the close of the fourth quarter of 2015, we deconsolidated our Venezuelan operations from our consolidated financial statements and recognized a loss on deconsolidation. See Currency Translation and Highly Inflationary Accounting: Venezuela We account for investments in which we exercise significant influence (20%-50% after-tax Divestitures and Acquisitions – JDE Coffee Business Transactions Keurig Transaction Segment Reporting We use the cost method of accounting for investments in which we have an ownership interest of less than 20% and in which we do not exercise significant influence. The noncontrolling interest represents the noncontrolling investors’ interests in the results of subsidiaries that we control and consolidate. All intercompany transactions are eliminated.
Use of Estimates	Use of Estimates: We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which require us to make estimates and assumptions that affect a number of amounts in our consolidated financial statements. Significant accounting policy elections, estimates and assumptions include, among others, pension and benefit plan assumptions, valuation assumptions of goodwill and intangible assets, useful lives of long-lived assets, restructuring program liabilities, marketing program accruals, insurance and self-insurance reserves and income taxes. We base our estimates on historical experience and other assumptions that we believe are reasonable. If actual amounts differ from estimates, we include the revisions in our consolidated results of operations in the period the actual amounts become known. Historically, the aggregate differences, if any, between our estimates and actual amounts in any year have not had a material effect on our consolidated financial statements.
Segment Change	Segment Change: On October 1, 2016, we integrated our Eastern Europe, Middle East, and Africa (“EEMEA”) operating segment into our Europe and Asia Pacific operating segments to further leverage and optimize the operating scale built within the Europe and Asia Pacific regions. Russia, Ukraine, Turkey, Belarus, Georgia and Kazakhstan were combined within our Europe region, while the remaining Middle East and African countries were combined within our Asia Pacific region to form a new Asia, Middle East and Africa (“AMEA”) operating segment. We have reflected the segment change as if it had occurred in all periods presented. As of October 1, 2016, our operations and management structure was organized into four reportable operating segments: • Latin America • AMEA • Europe • North America See Note 16, Segment Reporting
Currency Translation and Highly Inflationary Accounting	Currency Translation and Highly Inflationary Accounting: We translate the results of operations of our subsidiaries from multiple currencies using average exchange rates during each period and translate balance sheet accounts using exchange rates at the end of each period. We record currency translation adjustments as a component of equity (except for highly inflationary currencies) and realized exchange gains and losses on transactions in earnings. In 2016, none of our consolidated subsidiaries were subject to highly inflationary accounting. United Kingdom. non-binding two-year Brexit has caused volatility in global stock markets and currency exchange rates, affecting the markets in which we operate. The implications of Brexit could adversely affect demand for our products, our financial results and operations, and our relationships with customers, suppliers and employees in the short or long-term. On June 24, 2016, the value of the British pound sterling relative to the U.S. dollar fell by 9%. Since that date, the value of the British pound sterling relative to the U.S. dollar declined an additional 11% through December 31, 2016. Further volatility in the exchange rate is expected over the transition period. As the business operating environment remains uncertain, we continue to monitor our investments and currency exposures abroad. As the United Kingdom is not a highly-inflationary economy, we record currency translation adjustments within equity and realized exchange gains and losses on transactions in earnings. While we did not experience significant business disruptions in our U.K. businesses immediately following the referendum, the devaluation of the British pound sterling in 2016 adversely affected our translated results reported in U.S. dollars. We have a natural hedge in the form of pound sterling-denominated debt that acts as a net investment hedge, moving counter to adverse pound sterling currency translation impacts. British pound sterling currency transaction risks are largely mitigated due to our global chocolate businesses buying cocoa in British pound sterling. Our U.K. operations contributed $2.2 billion, or 8.6% of consolidated net revenues for the year ended December 31, 2016. Venezuela. Effective as of the close of the 2015 fiscal year, we concluded that we no longer met the accounting criteria for consolidation of our Venezuelan subsidiaries due to a loss of control over our Venezuelan operations and an other-than-temporary lack of currency exchangeability. During the fourth quarter of 2015, representatives of the Venezuelan government arbitrarily imposed pricing restrictions on our local operations that resulted in our inability to recover operating costs. We immediately began an appeal process with the Venezuelan authorities to demonstrate that our pricing was in line with the regulatory requirements. In January 2016, local officials communicated that some of the pricing restrictions had been lifted; however, the legally required administrative order had not been issued and it was uncertain when it would be issued. The legal and regulatory environment also became more unreliable. While we had been complying with the Venezuelan law governing pricing and profitability controls and followed the legal process for appeal, the appeal process was not available to us as outlined under law. Additionally, we were increasingly facing issues procuring raw materials and packaging. Taken together, these actions, the economic environment in Venezuela and the progressively limited access to dollars to import goods through the use of any of the available currency mechanisms impaired our ability to operate and control our Venezuelan businesses. As a result of these factors, we concluded that we no longer met the criteria for the consolidation of our Venezuelan subsidiaries. As of the close of the 2015 fiscal year, we deconsolidated and changed to the cost method of accounting for our Venezuelan operations. We recorded a $778 million pre-tax For 2015 and prior periods presented, the operating results of our Venezuela operations were included in our consolidated statements of earnings. During this time, we recognized a number of currency-related remeasurement losses resulting from devaluations of the Venezuela bolivar exchange rates we historically used to source U.S. dollars for purchases of imported raw materials, packaging and other goods and services. The following table sets forth a history of the remeasurement losses, the deconsolidation loss and historical operating results and financial position of our Venezuelan subsidiaries for the periods presented: For the Years Ended December 31, 2015 2014 (in millions) Net revenues $ 1,217 $ 760 Operating income (excluding remeasurement and 266 181 Remeasurement losses: Q1 2014: 6.30 to 10.70 bolivars to the U.S. dollar – (142 ) SICAD I remeasurements through – (25 ) Q1 2015: 11.50 to 12.00 bolivars to the U.S. dollar (11 ) – Loss on deconsolidation (778 ) – As of December 31, 2015 2014 (in millions) Cash (1) $ 611 $ 278 Net monetary assets (1) 405 236 Net assets (1) 658 500 (1) Represents the financial position of our Venezuelan subsidiaries prior to the accounting change on December 31, 2015. Beginning in 2016, we no longer include net revenues, earnings or net assets of our Venezuelan subsidiaries within our consolidated financial statements. Under the cost method of accounting, earnings are only recognized to the extent cash is received. Given the current and ongoing difficult economic, regulatory and business environment in Venezuela, there continues to be significant uncertainty related to our operations in Venezuela, and we expect these conditions will continue for the foreseeable future. We will monitor the extent of our ability to control our Venezuelan operations and the liquidity and availability of U.S. dollars at different rates, as our current situation in Venezuela may change over time and lead to consolidation at a future date. Argentina. Other Countries.
Cash and Cash Equivalents	Cash and Cash Equivalents: Cash and cash equivalents include demand deposits with banks and all highly liquid investments with original maturities of three months or less.
Transfers of Financial Assets	Transfers of Financial Assets: We account for transfers of financial assets, such as uncommitted revolving non-recourse
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 $76 million on net revenues and $36 million on operating income in 2015. As a result of this change, each of our operating subsidiaries now reports results as of the last calendar day of the period. As the effect to prior-period results was not material, we have not revised prior-period results.
Inventories	Inventories: We value our inventory using the average cost method. We also record inventory allowances for overstock and obsolete inventories due to ingredient and packaging changes.
Long-Lived Assets	Long-Lived Assets: Property, plant and equipment are stated at historical cost and depreciated by the straight-line method over the estimated useful lives of the assets. Machinery and equipment are depreciated over periods ranging from 3 to 20 years and buildings and building improvements over periods up to 40 years. We review long-lived assets, including amortizable intangible assets, for realizability on an ongoing basis. Changes in depreciation, generally accelerated depreciation, are determined and recorded when estimates of the remaining useful lives or residual values of long-term assets change. We also review for impairment when conditions exist that indicate the carrying amount of the assets may not be fully recoverable. In those circumstances, we perform undiscounted operating cash flow analyses to determine if an impairment exists. When testing for asset impairment, we group assets and liabilities at the lowest level for which cash flows are separately identifiable. Any impairment loss is calculated as the excess of the asset’s carrying value over its estimated fair value. Fair value is estimated based on the discounted cash flows for the asset group over the remaining useful life or based on the expected cash proceeds for the asset less costs of disposal. Any significant impairment losses would be recorded within asset impairment and exit costs in the consolidated statements of earnings.
Software Costs	Software Costs: We capitalize certain computer software and software development costs incurred in connection with developing or obtaining computer software for internal use. Capitalized software costs are included in property, plant and equipment and amortized on a straight-line basis over the estimated useful lives of the software, which do not exceed seven years.
Goodwill and Non-Amortizable Intangible Assets	Goodwill and Non-Amortizable We test goodwill and non-amortizable two-step Annually we assess non-amortizable
Insurance and Self-Insurance	Insurance and Self-Insurance: We use a combination of insurance and self-insurance for a number of risks, including workers’ compensation, general liability, automobile liability, product liability and our obligation for employee healthcare benefits. We estimate the liabilities associated with these risks on an undiscounted basis by evaluating and making judgments about historical claims experience and other actuarial assumptions and the estimated impact on future results.
Revenue Recognition	Revenue Recognition: We recognize revenues when title and risk of loss pass to customers, which generally occurs upon delivery or shipment of goods. Revenues are recorded net of sales incentives and trade promotions and include all shipping and handling charges billed to customers. Our shipping and handling costs are classified as part of cost of sales. Provisions for product returns and other trade allowances are also recorded as reductions to revenues within the same period that the revenue is recognized.
Marketing and Research and Development	Marketing and Research and Development: We promote our products with advertising, marketing, sales incentives and trade promotions. These programs include, but are not limited to, cooperative advertising, in-store year-end
Employee Benefit Plans	Employee Benefit Plans: We provide a range of benefits to our current and retired employees. These include pension benefits, postretirement health care benefits and postemployment benefits depending upon jurisdiction, tenure, job level and other factors. Local statutory requirements govern many of the benefit plans we provide around the world. Local government plans generally cover health care benefits for retirees outside the United States, Canada and United Kingdom. Our U.S., Canadian and U.K. subsidiaries provide health care and other benefits to most retired employees. Our postemployment benefit plans provide primarily severance benefits for eligible salaried and certain hourly employees. The cost for these plans is recognized in earnings primarily over the working life of the covered employee.
Financial Instruments	Financial Instruments: We use financial instruments to manage our currency exchange rate, commodity price and interest rate risks. We monitor and manage these exposures as part of our overall risk management program, which focuses on the unpredictability of financial markets and seeks to reduce the potentially adverse effects that the volatility of these markets may have on our operating results. A principal objective of our risk management strategies is to reduce significant, unanticipated earnings fluctuations that may arise from volatility in currency exchange rates, commodity prices and interest rates, principally through the use of derivative instruments. We use a combination of primarily currency forward contracts, futures, options and swaps; commodity forward contracts, futures and options; and interest rate swaps to manage our exposure to cash flow variability, protect the value of our existing currency assets and liabilities and protect the value of our debt. See Note 8, Financial Instruments, We record derivative financial instruments on a gross basis and at fair value in our consolidated balance sheets within other current assets or other current liabilities due to their relatively short-term duration. Cash flows from derivative instruments are classified in the consolidated statements of cash flows based on the nature of the derivative instrument. Changes in the fair value of a derivative that is designated as a cash flow hedge, to the extent that the hedge is effective, are recorded in accumulated other comprehensive earnings / (losses) and reclassified to earnings when the hedged item affects earnings. Changes in fair value of economic hedges and the ineffective portion of all hedges are recognized in current period earnings. Changes in the fair value of a derivative that is designated as a fair value hedge, along with the changes in the fair value of the related hedged asset or liability, are recorded in earnings in the same period. We use non-U.S. non-U.S. In order to qualify for hedge accounting, a specified level of hedging effectiveness between the derivative instrument and the item being hedged must exist at inception and throughout the hedged period. We must also formally document the nature of and relationship between the derivative and the hedged item, as well as our risk management objectives, strategies for undertaking the hedge transaction and method of assessing hedge effectiveness. Additionally, for a hedge of a forecasted transaction, the significant characteristics and expected term of the forecasted transaction must be specifically identified, and it must be probable that the forecasted transaction will occur. If it is no longer probable that the hedged forecasted transaction will occur, we would recognize the gain or loss related to the derivative in earnings. When we use derivatives, we are exposed to credit and market risks. Credit risk exists when a counterparty to a derivative contract might fail to fulfill its performance obligations under the contract. We reduce our credit risk by entering into transactions with counterparties with high quality, investment grade credit ratings, limiting the amount of exposure with each counterparty and monitoring the financial condition of our counterparties. We also maintain a policy of requiring that all significant, non-exchange Commodity cash flow hedges Currency exchange cash flow hedges third-party Interest rate cash flow and fair value hedges Hedges of net investments in non-U.S. non-U.S.
Income Taxes	Income Taxes: Our provision for income taxes includes amounts payable or refundable for the current year, the effect of deferred tax and impacts from uncertain tax positions. We recognize deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the financial statement and tax basis of our assets and liabilities, operating loss carryforwards and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply in the years in which those differences are expected to reverse. The realization of certain deferred tax assets is dependent on generating sufficient taxable income in the appropriate jurisdiction prior to the expiration of the carryforward periods. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion, or all, of the deferred tax assets will not be realized. When assessing the need for a valuation allowance, we consider any carryback potential, future reversals of existing taxable temporary differences (including liabilities for unrecognized tax benefits), future taxable income and tax planning strategies. We recognize tax benefits in our financial statements from uncertain tax positions only if it is more likely than not that the tax position will be sustained by the taxing authorities based on the technical merits of the position. The amount we recognize is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon settlement. Future changes in judgment related to the expected resolution of uncertain tax positions could affect income in the period when the change occurs.
New Accounting Pronouncements	New Accounting Pronouncements: In January 2017, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update (“ASU”) that clarifies the definition of a business with the objective of adding guidance to assist companies with evaluating whether transactions should be accounted for as acquisitions or disposals of assets or businesses. The definition of a business may affect many areas of accounting including acquisitions, disposals, goodwill and consolidation. The ASU is applied on a prospective basis and is effective for fiscal years beginning after December 15, 2017 with early adoption permitted. We are currently assessing the ASU and potential prospective impact on our consolidated financial statements. In November 2016, the FASB issued an ASU that requires the change in restricted cash or cash equivalents to be included with other changes in cash and cash equivalents in the statement of cash flows. The ASU is effective for fiscal years beginning after December 15, 2017, with early adoption permitted. We anticipate adopting this standard at the same time as the cash flow statement classification changes described below go into effect on January 1, 2018. We are currently assessing the impact on our consolidated financial statements. In October 2016, the FASB issued an ASU to amend the consolidation guidance on the treatment of indirect interests held through related parties that are under common control. Under the amendments, a single decision maker is required to include those interests on a proportionate basis consistent with indirect interests held through other related parties . In October 2016, the FASB issued an ASU that requires the recognition of tax consequences of intercompany asset transfers other than inventory when the transfer occurs and removes the exception to postpone recognition until the asset has been sold to an outside party. The ASU is effective for fiscal years beginning after December 15, 2017, with early adoption permitted. We anticipate adopting on January 1, 2018 and do not expect the ASU to have a material impact on our consolidated financial statements. In August 2016, the FASB issued an ASU to provide guidance on eight specific cash flow classification issues and reduce diversity in practice in how some cash receipts and cash payments are presented and classified in the statement of cash flows. The ASU is effective for fiscal years beginning after December 15, 2017, with early adoption permitted. We anticipate adopting this standard on January 1, 2018. We are currently assessing the impact on our consolidated statements of cash flows. In March 2016, the FASB issued an ASU to simplify the accounting for stock-based compensation. The ASU addresses several areas of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and cash flow statement presentation. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. We will adopt the standard on January 1, 2017. Following adoption and on a prospective basis, we anticipate greater volatility in our consolidated statements of earnings as we will record certain stock-based compensation tax impacts in earnings (within the provision for income taxes) while under the former guidance and for periods prior to January 1, 2017, the tax impacts were recorded directly to equity (within additional paid-in In March 2016, the FASB issued an ASU that simplifies the transition accounting for increases in investments that require a change from the cost basis to the equity method of accounting. U.S. GAAP currently requires the impact of such changes in accounting method to be retroactively applied to all prior periods that the investment was held. Under the new standard, adjustments to the investor’s basis in the investment should be recorded on the date the investment becomes qualified for equity method accounting. The equity method of accounting is then applied prospectively from that date. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. We early adopted this standard on December 31, 2016 and it did not have an impact on our consolidated financial statements. In March 2016, the FASB issued an ASU that clarifies whether contingent put and call options meet the “clearly and closely related” criteria in connection with accounting for embedded derivatives. U.S GAAP requires that embedded derivatives be separated from the host contract and accounted for separately as derivatives if certain criteria are met. The criteria include determining that the economic characteristics and risks of the embedded derivatives are not “clearly and closely related” to those of the host contract. The ASU is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. We adopted the new standard on December 31, 2016 and it did not have a material impact on our consolidated financial statements. In March 2016, the FASB issued an ASU that applies when there is a contract novation to a new counterparty for a derivative designated as an accounting hedge. The ASU clarifies that such a change in counterparty does not, in and of itself, require de-designation In February 2016, the FASB issued an ASU on lease accounting. The ASU revises existing U.S. GAAP and outlines a new model for lessors and lessees to use in accounting for lease contracts. The guidance requires lessees to recognize a right-of-use In January 2016, the FASB issued an ASU that provides updated guidance for the recognition, measurement, presentation and disclosure of financial assets and liabilities. The standard requires that equity investments (other than those accounted for under equity method of accounting or those that result in consolidation of the investee) be measured at fair value, with changes in fair value recognized in net income. The standard also impacts financial liabilities under the fair value option and the presentation and disclosure requirements for financial instruments. The ASU is effective for fiscal years beginning after December 15, 2017. This ASU is not expected to have a significant impact on our consolidated financial statements. In May 2014, the FASB issued an ASU on revenue recognition from contracts with customers. The 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 control over 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 2016, the FASB issued several ASUs that clarified principal versus agent (gross versus net) revenue presentation considerations, confirmed certain prepaid stored-value products should be accounted for under the new revenue recognition ASU and not under other U.S. GAAP and clarified the guidance for identifying performance obligations within a contract and the accounting for licenses. The FASB also issued two ASUs providing technical corrections, narrow scope exceptions and practical expedients to clarify and improve the implementation of the new revenue recognition guidance. The revenue guidance is effective for annual reporting periods beginning after December 15, 2017, with early adoption permitted as of the original effective date (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 plan to adopt the new standard on January 1, 2018 on a full retrospective basis. We continue to make significant progress on quantifying the impact of the ASU on our consolidated financial statements and planning the final process, policy and disclosure changes that will go into effect on January 1, 2018. At this time, we do not expect a material impact from adopting the new revenue standards.
Reclassifications	Reclassifications: Certain amounts previously reported have been reclassified to conform to current-year presentation. See Segment Change Goodwill and Intangible Assets Restructuring Programs, Segment Reporting Reclassifications from Accumulated Other Comprehensive Income,

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
History of Remeasurement Losses, Deconsolidation Loss and Historical Operating Results and Financial Position of Venezuelan Subsidiaries	The following table sets forth a history of the remeasurement losses, the deconsolidation loss and historical operating results and financial position of our Venezuelan subsidiaries for the periods presented: For the Years Ended December 31, 2015 2014 (in millions) Net revenues $ 1,217 $ 760 Operating income (excluding remeasurement and 266 181 Remeasurement losses: Q1 2014: 6.30 to 10.70 bolivars to the U.S. dollar – (142 ) SICAD I remeasurements through – (25 ) Q1 2015: 11.50 to 12.00 bolivars to the U.S. dollar (11 ) – Loss on deconsolidation (778 ) – As of December 31, 2015 2014 (in millions) Cash (1) $ 611 $ 278 Net monetary assets (1) 405 236 Net assets (1) 658 500 (1) Represents the financial position of our Venezuelan subsidiaries prior to the accounting change on December 31, 2015.

Divestitures and Acquisitions (

Divestitures and Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2016
Summary Financial Information for Equity Method Investments	Summary Financial Information for Equity Method Investments: Summarized financial information for JDE, Keurig, DSF and our other equity method investments is reflected below. As of December 31, 2016 2015 (in millions) Current assets $ 4,458 $ 3,943 Noncurrent assets 35,089 20,936 Total assets $ 39,547 $ 24,879 Current liabilities $ 4,148 $ 2,779 Noncurrent liabilities 16,472 9,880 Total liabilities $ 20,620 $ 12,659 Total net equity of investees $ 18,927 $ 12,220 Mondelēz International ownership interests 24%-50% 40%-50% Mondelēz International share of investee net equity (1) $ 5,145 $ 5,387 Keurig shareholder loan 440 – Equity method investments $ 5,585 $ 5,387 For the Years Ended December 31, 2016 2015 2014 (in millions) Net revenues $ 10,923 $ 4,993 $ 2,721 Gross profit 4,219 1,551 921 Income from continuing operations 839 96 226 Net income 839 97 226 Net income attributable to investees $ 838 $ 97 $ 226 Mondelēz International ownership interests 24%-50% 40%-50% 40%-50% Mondelēz International share of investee net income $ 281 $ 56 $ 113 Keurig shareholder loan interest income 20 – – Equity method investment net earnings (2) $ 301 $ 56 $ 113 (1) Includes approximately $325 million of basis differences between the U.S. GAAP accounting basis for our equity method investments and the U.S. GAAP accounting basis of our investees’ equity. (2) 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 JDE earnings, we began to record the earnings from our equity method investments in after-tax after-tax Summary of Significant Accounting Policies – Principles of Consolidation,

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2016
Components of Inventories	Inventories consisted of the following: As of December 31, 2016 2015 (in millions) Raw materials $ 722 $ 782 Finished product 1,865 1,930 2,587 2,712 Inventory reserves (118 ) (103 ) Inventories, net $ 2,469 $ 2,609

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Components of Property, Plant and Equipment	Property, plant and equipment consisted of the following: As of December 31, 2016 2015 (in millions) Land and land improvements $ 471 $ 495 Buildings and building improvements 2,801 2,753 Machinery and equipment 10,302 10,044 Construction in progress 1,113 1,262 14,687 14,554 Accumulated depreciation (6,458 ) (6,192 ) Property, plant and equipment, net $ 8,229 $ 8,362
2014-2018 Restructuring Program
Schedule of Restructuring and Implementation Costs	During 2016, 2015 and 2014, we recorded restructuring and implementation costs related to the 2014-2018 Restructuring Program within operating income by segment (as revised to reflect our new segment structure) as follows: Latin North America AMEA Europe America (1) Corporate (2) Total (in millions) For the Year Ended December 31, 2016 Restructuring Costs $ 111 $ 96 $ 310 $ 183 $ 14 $ 714 Implementation Costs 54 48 88 121 61 372 Total $ 165 $ 144 $ 398 $ 304 $ 75 $ 1,086 For the Year Ended December 31, 2015 Restructuring Costs $ 145 $ 181 $ 243 $ 114 $ 28 $ 711 Implementation Costs 39 26 78 69 79 291 Total $ 184 $ 207 $ 321 $ 183 $ 107 $ 1,002 For the Year Ended December 31, 2014 Restructuring Costs $ 81 $ 30 $ 96 $ 57 $ 10 $ 274 Implementation Costs 16 12 38 5 36 107 Total $ 97 $ 42 $ 134 $ 62 $ 46 $ 381 Total Project 2014-2016 (3) Restructuring Costs $ 337 $ 307 $ 649 $ 354 $ 52 $ 1,699 Implementation Costs 109 86 204 195 176 770 Total $ 446 $ 393 $ 853 $ 549 $ 228 $ 2,469 (1) During 2016, our North America region implementation costs included incremental costs that we incurred related to re-negotiating (2) Includes adjustment for rounding. (3) Includes all charges recorded since program inception on May 6, 2014 through December 31, 2016.
2012-2014 Restructuring Program
Schedule of Restructuring and Implementation Costs	During 2014 and since inception of the 2012-2014 Restructuring Program, we recorded restructuring and implementation costs within operating income by segment (as revised to reflect our new segment structure) as follows: Latin North America AMEA Europe America Corporate (1) Total (in millions) For the Year Ended December 31, 2014 Restructuring Costs $ 8 $ 77 $ 162 $ 113 $ – $ 360 Implementation Costs 3 6 54 32 4 99 Total $ 11 $ 83 $ 216 $ 145 $ 4 $ 459 Total Project 2012-2014 (2) Restructuring Costs $ 36 $ 83 $ 271 $ 337 $ 2 $ 729 Implementation Costs 3 8 90 65 4 170 Total $ 39 $ 91 $ 361 $ 402 $ 6 $ 899 (1) Includes adjustment for rounding. (2) Includes all charges recorded since program inception in 2012 through conclusion on December 31, 2014.
Property Plant and Equipment | Asset impairment and exit costs
Schedule of Restructuring and Implementation Costs	These charges were recorded in the consolidated statements of earnings within asset impairment and exit costs and in the following segment results as follows: For the Years Ended December 31, 2016 2015 2014 (in millions) Latin America $ 22 $ 46 $ 14 AMEA 44 88 34 Europe 122 65 42 North America 111 65 83 Corporate 2 – – Total non-cash $ 301 $ 264 $ 173

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Schedule of Goodwill by Segment	Goodwill by segment below reflects our latest segment structure for both periods presented: As of December 31, 2016 2015 (in millions) Latin America $ 897 $ 858 AMEA 3,324 3,537 Europe 7,170 7,404 North America 8,885 8,865 Goodwill $ 20,276 $ 20,664
Intangible Assets Disclosure	Intangible assets consisted of the following: As of December 31, 2016 2015 (in millions) Non-amortizable $ 17,004 $ 17,527 Amortizable intangible assets 2,315 2,320 19,319 19,847 Accumulated amortization (1,218 ) (1,079 ) Intangible assets, net $ 18,101 $ 18,768
Changes in Goodwill and Intangible Assets	Changes in goodwill and intangible assets consisted of: 2016 2015 Goodwill Intangible Goodwill Intangible (in millions) Balance at January 1 $ 20,664 $ 19,847 $ 23,389 $ 21,335 Changes due to: Currency (464 ) (540 ) (1,477 ) (1,462 ) Coffee business transactions (4 ) (8 ) (1,729 ) – Acquisitions 80 158 481 58 Asset impairments – (137 ) – (83 ) Other – (1 ) – (1 ) Balance at December 31 $ 20,276 $ 19,319 $ 20,664 $ 19,847

Restructuring Programs (Tables)

Restructuring Programs (Tables)	12 Months Ended
	Dec. 31, 2016
2014-2018 Restructuring Program
Schedule of Restructuring Costs	The 2014-2018 Restructuring Program liability activity for the years ended December 31, 2016 and 2015 was: Severance and related Asset costs Write-downs Total (in millions) Liability balance, January 1, 2015 $ 224 $ – $ 224 Charges 442 269 711 Cash spent (243 ) – (243 ) Non-cash (4 ) (269 ) (273 ) Currency (24 ) – (24 ) Liability balance, December 31, 2015 $ 395 $ – $ 395 Charges 402 312 714 Cash spent (315 ) – (315 ) Non-cash (9 ) (312 ) (321 ) Currency (9 ) – (9 ) Liability balance, December 31, 2016 $ 464 $ – $ 464
2012-2014 Restructuring Program
Schedule of Restructuring Costs	The 2012-2014 Restructuring Program liability activity for the years ended December 31, 2016 and 2015 was: Severance and related Asset costs Write-downs Total (in millions) Liability balance, January 1, 2015 $ 128 $ – $ 128 Charges (4 ) – (4 ) Cash spent (66 ) – (66 ) Non-cash (4 ) – (4 ) Currency (7 ) – (7 ) Liability balance, December 31, 2015 $ 47 $ – $ 47 Charges – – – Cash spent (21 ) – (21 ) Non-cash (6 ) – (6 ) Currency (1 ) – (1 ) Liability balance, December 31, 2016 $ 19 $ – $ 19

Debt and Borrowing Arrangemen34

Debt and Borrowing Arrangements (Tables)	12 Months Ended
	Dec. 31, 2016
Short-Term Borrowings and Related Weighted-Average Interest Rates	Our short-term borrowings and related weighted-average interest rates consisted of: As of December 31, 2016 2015 Amount Weighted- Amount Weighted- Outstanding Average Rate Outstanding Average Rate (in millions) (in millions) Commercial paper $ 2,371 1.0% $ – 0.0% Bank loans 160 10.6% 236 9.5% Total short-term borrowings $ 2,531 $ 236
Long-Term Debt	Our long-term debt consisted of (interest rates are as of December 31, 2016): As of December 31, 2016 2015 (in millions) U.S. dollar notes, 0.881% to 7.000% (weighted-average effective rate 3.527%), $ 8,812 $ 8,371 Euro notes, 1.000% to 2.375% (weighted-average effective rate 1.808%), 3,980 4,305 Pound sterling notes, 3.875% to 7.250% (weighted-average effective rate 4.441%), 418 1,399 Swiss franc notes, 0.000% to 1.125% (weighted-average effective rate 0.636%), 1,449 1,075 Capital leases and other obligations 9 12 Total 14,668 15,162 Less current portion of long-term (1,451 ) (605 ) Long-term debt $ 13,217 $ 14,557
Aggregate Maturities of Debt and Capital Leases Based on Stated Contractual Maturities	As of December 31, 2016, aggregate maturities of our debt and capital leases based on stated contractual maturities, excluding unamortized non-cash mark-to-market 2017 2018 2019 2020 2021 Thereafter Total $1,451 $1,144 $2,650 $658 $3,260 $5,574 $14,737
Interest and Other Expense Net Within Results of Continuing Operations	Interest and other expense, net within our results of continuing operations consisted of: For the Years Ended December 31, 2016 2015 2014 (in millions) Interest expense, debt $ 515 $ 609 $ 778 Loss on debt extinguishment and related expenses 427 753 495 JDE coffee business transactions currency-related net gains – (436 ) (628 ) Loss related to interest rate swaps 97 34 – Other expense, net 76 53 43 Interest and other expense, net $ 1,115 $ 1,013 $ 688

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value of Derivatives Instruments	Derivative instruments were recorded at fair value in the consolidated balance sheets as follows: As of December 31, 2016 2015 Asset Liability Asset Liability Derivatives Derivatives Derivatives Derivatives (in millions) Derivatives designated as accounting hedges: Currency exchange contracts $ 19 $ 8 $ 20 $ 7 Commodity contracts 17 22 37 35 Interest rate contracts 108 19 12 57 $ 144 $ 49 $ 69 $ 99 Derivatives not designated as accounting hedges: Currency exchange contracts $ 29 $ 43 $ 61 $ 33 Commodity contracts 112 167 70 56 Interest rate contracts 27 19 43 28 $ 168 $ 229 $ 174 $ 117 Total fair value $ 312 $ 278 $ 243 $ 216
Notional Values of Derivative Instruments	The net notional values of our derivative instruments were: Notional Amount As of December 31, 2016 2015 (in millions) Currency exchange contracts: Intercompany loans and forecasted interest payments $ 3,343 $ 4,148 Forecasted transactions 1,452 1,094 Commodity contracts 837 732 Interest rate contracts 6,365 3,033 Net investment hedge – euro notes 4,012 4,345 Net investment hedge – pound sterling notes 419 1,404 Net investment hedge – Swiss franc notes 1,447 1,073
Hedges of Net Investments in International Operations	After-tax Location of For the Years Ended December 31, Gain / (Loss) 2016 2015 2014 Recognized in AOCI (in millions) Euro notes $ 73 $ 268 $ 328 Currency Pound sterling notes 148 42 39 Translation Swiss franc notes 12 9 – 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 December 31, 2016 Quoted Prices in Active Markets Significant Significant Total for Identical Other Observable Unobservable Fair Value of Net Assets Inputs Inputs Asset / (Liability) (Level 1) (Level 2) (Level 3) (in millions) Currency exchange contracts $ (3 ) $ – $ (3 ) $ – Commodity contracts (60 ) (86 ) 26 – Interest rate contracts 97 – 97 – Total derivatives $ 34 $ (86 ) $ 120 $ – As of December 31, 2015 Quoted Prices in Active Markets Significant Significant Total for Identical Other Observable Unobservable Fair Value of Net Assets Inputs Inputs Asset / (Liability) (Level 1) (Level 2) (Level 3) (in millions) Currency exchange contracts $ 41 $ – $ 41 $ – Commodity contracts 16 29 (13 ) – Interest rate contracts (30 ) – (30 ) – Total derivatives $ 27 $ 29 $ (2 ) $ –
Cash Flow Hedges
Schedule of Cash Flow Hedges Effect on Accumulated Other Comprehensive Earnings / (Losses), Net of Taxes	Cash flow hedge activity, net of taxes, within accumulated other comprehensive earnings / (losses) included: For the Years Ended December 31, 2016 2015 2014 (in millions) Accumulated gain / (loss) at January 1 $ (45 ) $ (2 ) $ 117 Transfer of realized losses / (gains) in fair value to earnings 53 – (40 ) Unrealized gain / (loss) in fair value (129 ) (43 ) (79 ) Accumulated gain / (loss) at December 31 $ (121 ) $ (45 ) $ (2 )
Schedule of Effects of Derivative Instruments	After-tax For the Years Ended December 31, 2016 2015 2014 (in millions) Currency exchange contracts – forecasted transactions $ (1 ) $ 83 $ 26 Commodity contracts (4 ) (52 ) 16 Interest rate contracts (48 ) (31 ) (2 ) Total $ (53 ) $ – $ 40 After-tax For the Years Ended December 31, 2016 2015 2014 (in millions) Currency exchange contracts – forecasted transactions $ 8 $ 40 $ 82 Commodity contracts (34 ) (35 ) (2 ) Interest rate contracts (103 ) (48 ) (159 ) Total $ (129 ) $ (43 ) $ (79 ) Pre-tax For the Years Ended December 31, 2016 2015 2014 (in millions) Commodity contracts $ 2 $ (4 ) $ (10 )
Fair Value Hedges
Schedule of Effects of Derivative Instruments	Pre-tax For the Years Ended December 31, 2016 2015 2014 (in millions) Derivatives $ (6 ) $ (1 ) $ 13 Borrowings 6 1 (13 )
Economic Hedging
Schedule of Effects of Derivative Instruments	Pre-tax For the Years Ended December 31, Location of Recognized 2016 2015 2014 in Earnings (in millions) Currency exchange contracts: Intercompany loans and $ 21 $ 29 $ 4 Interest and other Forecasted transactions (76 ) 29 29 Cost of sales Forecasted transactions 11 435 610 Interest and other Forecasted transactions 7 (12 ) (4 ) Selling, general Commodity contracts (101 ) (38 ) (136 ) Cost of sales Total $ (138 ) $ 443 $ 503

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Pension Plans
Projected Benefit Obligations, Plan Assets and Funded Status of Pension Plans	The projected benefit obligations, plan assets and funded status of our pension plans were: U.S. Plans Non-U.S. 2016 2015 2016 2015 (in millions) Benefit obligation at January 1 $ 1,566 $ 1,606 $ 9,547 $ 10,854 Service cost 57 64 147 188 Interest cost 61 67 229 307 Benefits paid (32 ) (35 ) (425 ) (435 ) Settlements paid (91 ) (88 ) – 1 Actuarial (gains) / losses 52 (49 ) 1,284 (262 ) Deconsolidation of JDE coffee business – – – (261 ) Divestiture – – (5 ) – Currency – – (979 ) (766 ) Other 1 1 16 (79 ) Benefit obligation at December 31 1,614 1,566 9,814 9,547 Fair value of plan assets at January 1 1,247 1,216 7,721 8,362 Actual return on plan assets 118 (71 ) 1,079 192 Contributions 378 225 419 318 Benefits paid (32 ) (35 ) (425 ) (435 ) Settlements paid (91 ) (88 ) – – Deconsolidation of JDE coffee business – – – (130 ) Divestiture – – (4 ) – Currency – – (863 ) (579 ) Other – – (1 ) (7 ) Fair value of plan assets at December 31 1,620 1,247 7,926 7,721 Net pension assets (liability) at December 31 $ 6 $ (319 ) $ (1,888 ) $ (1,826 )
Pension Plans Resulted in Net Pension Liability	The combined U.S. and non-U.S. As of December 31, 2016 2015 (in millions) Prepaid pension assets $ 159 $ 69 Other accrued liabilities (27 ) (31 ) Accrued pension costs (2,014 ) (2,183 ) $ (1,882 ) $ (2,145 )
Projected Benefit Obligations, Accumulated Benefit Obligations and Fair Value of Plan Assets	For these plans, the projected benefit obligations, accumulated benefit obligations and the fair value of plan assets were: U.S. Plans Non-U.S. As of December 31, As of December 31, 2016 2015 2016 2015 (in millions) Projected benefit obligation $ 96 $ 1,566 $ 8,386 $ 8,139 Accumulated benefit obligation 88 1,463 8,168 7,920 Fair value of plan assets 2 1,247 6,451 6,252
Components of Net Costs	Net periodic pension cost consisted of the following: U.S. Plans Non-U.S. For the Years Ended December 31, For the Years Ended December 31, 2016 2015 2014 2016 2015 2014 (in millions) Service cost $ 57 $ 64 $ 57 $ 147 $ 188 $ 184 Interest cost 61 67 67 229 307 388 Expected return on plan assets (97 ) (93 ) (81 ) (418 ) (478 ) (485 ) Amortization: Net loss from experience 42 43 29 120 141 106 Prior service cost (1) 2 2 2 (3 ) 15 – Settlement losses and (2) 30 19 28 6 2 14 Net periodic pension cost $ 95 $ 102 $ 102 $ 81 $ 175 $ 207 (1) For the year ended December 31, 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 – JDE Coffee Business Transactions (2) Settlement losses include $15 million for the year ended December 31, 2016 and $9 million for the year ended December 31, 2015 of pension settlement losses for employees who elected lump-sum lump-sum non-U.S. non-U.S. lump-sum lump-sum non-U.S. Restructuring Programs , Divestitures and Acquisitions – JDE Coffee Business Transactions
Fair Values of Pension Plan Assets	The fair value of pension plan assets was determined using the following fair value measurements: As of December 31, 2016 Quoted Prices Significant Asset Category Total Fair in Active Markets Other (Level 2) Significant (Level 3) (in millions) U.S. equity securities $ 1 $ 1 $ – $ – Non-U.S. 427 427 – – Pooled funds - equity securities 1,524 286 1,235 3 Total equity securities 1,952 714 1,235 3 Government bonds 3,009 37 2,972 – Pooled funds - fixed-income securities 756 103 618 35 Corporate bonds and other 852 357 (43 ) 538 Total fixed-income securities 4,617 497 3,547 573 Real estate 170 98 50 22 Hedge funds – – – – Private equity 2 – – 2 Cash 73 72 1 – Other 3 1 – 2 Total assets in the fair value hierarchy $ 6,817 $ 1,382 $ 4,833 $ 602 Investments measured at net asset value 2,667 Total Investments at fair value $ 9,484 As of December 31, 2015 Quoted Prices Significant Asset Category Total Fair in Active Markets Other (Level 2) Significant (Level 3) (in millions) U.S. equity securities $ 2 $ 2 $ – $ – Non-U.S. 498 412 86 – Pooled funds - equity securities 1,468 275 1,193 – Total equity securities 1,968 689 1,279 – Government bonds 1,770 35 1,735 – Pooled funds - fixed-income securities 575 118 431 26 Corporate bonds and other 1,686 320 701 665 Total fixed-income securities 4,031 473 2,867 691 Real estate 339 109 – 230 Hedge funds – – – – Private equity 2 – – 2 Cash 138 138 – – Other 2 1 – 1 Total assets in the fair value hierarchy $ 6,480 $ 1,410 $ 4,146 $ 924 Investments measured at net asset value 2,422 Total investments at fair value $ 8,902 The percentage of fair value of pension plan assets was: U.S. Plans Non-U.S. As of December 31, As of December 31, Asset Category 2016 2015 2016 2015 Equity securities 33% 32% 29% 32% Fixed-income securities 63% 65% 57% 50% Real estate 4% 3% 5% 6% Hedge funds – – 6% 7% Private equity – – 2% 3% Cash – – 1% 1% Other – – – 1% Total 100% 100% 100% 100%
Schedule of Changes in Level 3 Plan Assets	Changes in our Level 3 plan assets, which are recorded in other comprehensive earnings / (losses), included: Asset Category January 1, Net Realized Net Purchases, Net Transfers Currency December 31, (in millions) Non-U.S. $ – $ – $ – $ 3 $ – 3 Pooled funds- fixed-income securities 26 6 15 (7 ) (5 ) 35 Corporate bond and other 665 21 (41 ) – (107 ) 538 Real estate 230 – (184 ) (3 ) (21 ) 22 Hedge funds – – – – – – Private equity 3 – – 1 – 4 Total Level 3 investments $ 924 $ 27 $ (210 ) $ (6 ) $ (133 ) $ 602 Asset Category January 1, Net Realized Net Purchases, Net Transfers Currency December 31, (in millions) Pooled funds- fixed-income securities $ 97 $ (1 ) $ 25 $ (89 ) $ (6 ) $ 26 Corporate bond and other 749 4 (50 ) – (38 ) 665 Real estate 292 19 61 (125 ) (17 ) 230 Hedge funds 829 13 (312 ) (499 ) (31 ) – Private equity 240 17 (36 ) (206 ) (12 ) 3 Total Level 3 investments $ 2,207 $ 52 $ (312 ) $ (919 ) $ (104 ) $ 924
Estimated Future Benefit Payments	The estimated future benefit payments from our pension plans at December 31, 2016 were (in millions): Year ending: 2017 2018 2019 2020 2021 2022-2026 U.S. Plans $ 89 $ 97 $ 103 $ 107 $ 108 $ 568 Non-U.S. 357 356 363 378 400 2,138
Schedule of Individually Significant Multiemployer Pension Plan	The only individually significant multiemployer plan we participate in as of December 31, 2016 is the Bakery and Confectionery Union and Industry International Pension Fund (the “Fund”). Expiration Date Pension FIP / RP of Collective- EIN / Pension Protection Act Status Pending / Surcharge Bargaining Pension Fund Plan Number Zone Status Implemented Imposed Agreements Bakery and Confectionery Union and 526118572 Red Implemented Yes 2/29/2016
Defined Benefit Pension Plan Benefit Obligation
Weighted Average Assumptions	We used the following weighted-average U.S. Plans Non-U.S. As of December 31, As of December 31, 2016 2015 2016 2015 Discount rate 4.19% 4.50% 2.31% 3.11% Expected rate of return on plan assets 6.25% 6.75% 5.14% 5.87% Rate of compensation increase 4.00% 4.00% 3.29% 3.18%
Postretirement Benefit Plans
Weighted Average Assumptions	We used the following weighted-average U.S. Plans Non-U.S. For the Years Ended December 31, For the Years Ended December 31, 2016 2015 2014 2016 2015 2014 Discount rate 4.50% 4.20% 5.10% 3.11% 2.99% 4.03% Expected rate of return on 6.75% 7.25% 7.75% 5.87% 5.96% 6.17% Rate of compensation increase 4.00% 4.00% 4.00% 3.18% 3.26% 3.63%
Components of Net Costs	Net periodic postretirement health care costs consisted of the following: For the Years Ended December 31, 2016 2015 2014 (in millions) Service cost $ 12 $ 15 $ 13 Interest cost 20 22 22 Amortization: Net loss from experience differences 10 13 5 Prior service credit (1) (20 ) (7 ) (10 ) Net periodic postretirement health care costs $ 22 $ 43 $ 30 (1) For the year ended December 31, 2016, amortization of prior service credit includes $9 million of curtailment gain related to a change in the eligibility requirement.
Estimated Future Benefit Payments	Our estimated future benefit payments for our postretirement health care plans at December 31, 2016 were (in millions): Year ending: 2017 2018 2019 2020 2021 2022-2026 U.S. Plans $8 $10 $11 $12 $13 $80 Non-U.S. 5 5 5 6 6 34
Changes in Accumulated Postemployment Benefit Obligations	Our postretirement health care plans are not funded. The changes in and the amount of the accrued benefit obligation were: As of December 31, 2016 2015 (in millions) Accrued benefit obligation at January 1 $ 511 $ 538 Service cost 12 15 Interest cost 20 22 Benefits paid (14 ) (10 ) Plan amendments (1) (149 ) – Currency 3 (22 ) Assumption changes 34 (30 ) Actuarial (gains) / losses (23 ) (2 ) Accrued benefit obligation at December 31 $ 394 $ 511 (1) Plan amendments included a change in eligibility requirements related to medical and life insurance benefits and a change in benefits for Medicare-eligible participants.
Weighted-Average Assumptions to Determine Benefit Obligations	We used the following weighted-average U.S. Plans Non-U.S. As of December 31, As of December 31, 2016 2015 2016 2015 Discount rate 4.14% 4.60% 4.55% 4.77% Health care cost trend rate 6.50% 6.50% 5.50% 5.37% Ultimate trend rate 5.00% 5.00% 5.68% 5.55% Year that the rate reaches the 2020 2020 2018 2018
Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates	A one-percentage-point As of December 31, 2016 One-Percentage-Point Increase Decrease (in millions) Effect on postretirement benefit obligation $ 41 $ (33 ) Effect on annual service and interest cost 3 (2 )
Defined Benefit Pension Net Periodic Pension Cost
Weighted Average Assumptions	We used the following weighted-average U.S. Plans Non-U.S. For the Years Ended December 31, For the Years Ended December 31, 2016 2015 2014 2016 2015 2014 Discount rate 4.60% 4.20% 5.10% 4.77% 4.52% 5.17% Health care cost trend rate 6.50% 6.50% 7.00% 5.50% 5.18% 5.11%
Postemployment Benefit Plans
Components of Net Costs	Net periodic postemployment costs consisted of the following: For the Years Ended December 31, 2016 2015 2014 (in millions) Service cost $ 7 $ 7 $ 9 Interest cost 6 5 6 Amortization of net gains (1 ) – – Net periodic postemployment costs $ 12 $ 12 $ 15
Changes in Accumulated Postemployment Benefit Obligations	Our postemployment plans are primarily not funded. The changes in and the amount of the accrued benefit obligation at December 31, 2016 and 2015 were: 2016 2015 (in millions) Accrued benefit obligation at January 1 $ 95 $ 94 Service cost 7 7 Interest cost 6 5 Benefits paid (9 ) (7 ) Assumption changes (21 ) (3 ) Actuarial gains (7 ) (1 ) Accrued benefit obligation at December 31 $ 71 $ 95

Stock Plans (Tables)

Stock Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Weighted-Average Black-Scholes Fair Value Assumptions	Our weighted-average Black-Scholes fair value assumptions were: Risk-Free Expected Life Expected Expected Fair Value 2016 1.40% 6 years 23.11% 1.61% $ 7.86 2015 1.70% 6 years 18.51% 1.61% $ 6.12 2014 1.87% 6 years 21.48% 1.64% $ 6.60
Stock Options Activity	Stock option activity is reflected below: Weighted- Average Average Exercise or Remaining Aggregate Shares Subject Grant Price Contractual Intrinsic to Option Per Share Term Value Balance at January 1, 2014 55,783,439 $ 21.96 $ 744 million Annual grant to eligible employees 9,919,810 34.17 Additional options issued 500,250 33.65 Total options granted 10,420,060 34.14 Options exercised (1) (8,076,550 ) 20.85 $ 125 million Options cancelled (1,695,398 ) 27.65 Balance at December 31, 2014 56,431,551 24.19 $ 685 million Annual grant to eligible employees 8,899,530 36.94 Additional options issued 901,340 35.84 Total options granted 9,800,870 36.84 Options exercised (1) (6,444,515 ) 22.94 $ 108 million Options cancelled (2,753,798 ) 32.35 Balance at December 31, 2015 (2) 57,034,108 26.12 $ 1,068 million Annual grant to eligible employees 7,517,290 39.70 Additional options issued 115,800 42.26 Total options granted 7,633,090 39.74 Options exercised (1) (8,883,101 ) 24.09 $ 174 million Options cancelled (2,182,485 ) 35.23 Balance at December 31, 2016 53,601,612 28.02 6 years $ 874 million Exercisable at December 31, 2016 39,016,883 24.43 5 years $ 777 million (1) Cash received from options exercised was $221 million in 2016, $148 million in 2015 and $168 million in 2014. The actual tax benefit realized for the tax deductions from the option exercises totaled $31 million in 2016, $58 million in 2015 and $29 million in 2014. (2) Prior-year aggregate intrinsic value has been revised.
Deferred stock unit, performance share unit and restricted stock
Deferred Stock Unit, Performance Share Unit, and Restricted Stock Activity	Our deferred stock unit, performance share unit and restricted stock activity is reflected below: Weighted-Average Weighted-Average Number Fair Value Aggregate of Shares Grant Date Per Share Fair Value Balance at January 1, 2014 11,648,587 $ 24.48 Annual grant to eligible employees: Feb. 19, 2014 Performance share units 1,143,620 34.97 Restricted stock 750,410 34.17 Deferred stock units 1,240,820 34.17 Additional shares granted (1) 935,463 Various 33.15 Total shares granted 4,070,313 34.16 $ 139 million Vested (2) (4,380,452 ) 22.98 $ 101 million Forfeited (2) (755,808 ) 28.14 Balance at December 31, 2014 10,582,640 28.56 Annual grant to eligible employees: Feb. 18, 2015 Performance share units 1,598,290 36.94 Restricted stock 386,910 36.94 Deferred stock units 866,640 36.94 Additional shares granted (1) 1,087,322 Various 39.35 Total shares granted 3,939,162 37.61 $ 148 million Vested (2) (3,905,745 ) 37.83 $ 148 million Forfeited (2) (1,197,841 ) 32.51 Balance at December 31, 2015 9,418,216 28.00 Annual grant to eligible employees: Feb. 22, 2016 Performance share units 1,406,500 39.70 Deferred stock units 1,040,790 39.70 Additional shares granted (1) 864,851 Various 31.29 Total shares granted 3,312,141 37.50 $ 124 million Vested (2) (3,992,902 ) 40.22 $ 161 million Forfeited (2) (1,143,828 ) 37.49 Balance at December 31, 2016 7,593,627 24.29 (1) Includes performance share units, deferred stock units and restricted stock. (2) Includes performance share units, deferred stock units and restricted stock. The actual tax benefit realized for the tax deductions from the shares vested totaled $18 million in 2016, $18 million in 2015 and $20 million in 2014.

Capital Stock (Tables)

Capital Stock (Tables)	12 Months Ended
	Dec. 31, 2016
Authorized Common Stock Repurchase Programs	Shares of Common Stock issued, in treasury and outstanding were: Shares Shares Issued Treasury Shares Outstanding Balance at January 1, 2014 1,996,537,778 (291,141,184 ) 1,705,396,594 Shares repurchased – (51,931,864 ) (51,931,864 ) Exercise of stock options and issuance of – 10,176,269 10,176,269 Balance at December 31, 2014 1,996,537,778 (332,896,779 ) 1,663,640,999 Shares repurchased – (91,875,878 ) (91,875,878 ) Exercise of stock options and issuance of – 8,268,033 8,268,033 Balance at December 31, 2015 1,996,537,778 (416,504,624 ) 1,580,033,154 Shares repurchased – (61,972,713 ) (61,972,713 ) Exercise of stock options and issuance of – 10,305,100 10,305,100 Balance at December 31, 2016 1,996,537,778 (468,172,237 ) 1,528,365,541

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2016
Minimum Rental Commitments	As of December 31, 2016, minimum rental commitments under non-cancelable year-end 2017 2018 2019 2020 2021 Thereafter Total $ 241 $ 175 $ 143 $ 115 $ 90 $ 157 $ 921

Reclassifications from Accumu40

Reclassifications from Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2016
Amounts Reclassified from Accumulated Other Comprehensive Earnings/ (Losses)	The following table summarizes the changes in the accumulated balances of each component of accumulated other comprehensive earnings / (losses) attributable to Mondelēz International. Amounts reclassified from accumulated other comprehensive earnings / (losses) to net earnings (net of tax) were net losses of $250 million in 2016, $350 million in 2015 and $79 million in 2014. For the Years Ended December 31, 2016 2015 2014 (in millions) Currency Translation Adjustments: Balance at beginning of period $ (8,006 ) $ (5,042 ) $ (1,414 ) Currency translation adjustments (847 ) (2,905 ) (3,433 ) Reclassification to earnings related to: Venezuela deconsolidation – 99 – Equity method investment exchange 57 – – Tax (expense) / benefit (135 ) (184 ) (228 ) Other comprehensive earnings / (losses) (925 ) (2,990 ) (3,661 ) Less: loss attributable to noncontrolling interests 17 26 33 Balance at end of period (8,914 ) (8,006 ) (5,042 ) Pension and Other Benefit Plans: Balance at beginning of period $ (1,934 ) $ (2,274 ) $ (1,592 ) Net actuarial gain / (loss) arising during period (491 ) (60 ) (1,388 ) Tax (expense) / benefit on net actuarial gain / (loss) 70 3 442 Losses / (gains) reclassified into net earnings: Amortization of experience losses and prior service costs (1) 150 207 132 Settlement losses (1) 36 111 42 Venezuela deconsolidation – 2 – Tax (expense) / benefit on reclassifications (2) (46 ) (69 ) (56 ) Currency impact 128 146 146 Other comprehensive earnings / (losses) (153 ) 340 (682 ) Balance at end of period (2,087 ) (1,934 ) (2,274 ) Derivative Cash Flow Hedges: Balance at beginning of period $ (46 ) $ (2 ) $ 117 Net derivative gains / (losses) (151 ) (75 ) (166 ) Tax (expense) / benefit on net derivative gain / (loss) 20 30 86 Losses / (gains) reclassified into net earnings: Currency exchange contracts – (3) 3 (90 ) (27 ) Commodity contracts (3) 9 64 (21 ) Interest rate contracts (4) 83 47 3 Tax (expense) / benefit on reclassifications (2) (42 ) (21 ) 6 Currency impact 3 1 – Other comprehensive earnings / (losses) (75 ) (44 ) (119 ) Balance at end of period (121 ) (46 ) (2 ) Accumulated other comprehensive income attributable to Mondelēz International: Balance at beginning of period $ (9,986 ) $ (7,318 ) $ (2,889 ) Total other comprehensive earnings / (losses) (1,153 ) (2,694 ) (4,462 ) Less: loss attributable to noncontrolling interests 17 26 33 Other comprehensive earnings / (losses) attributable to Mondelēz International (1,136 ) (2,668 ) (4,429 ) Balance at end of period $ (11,122 ) $ (9,986 ) $ (7,318 ) (1) These reclassified gains or losses are included in the components of net periodic benefit costs disclosed in Note 9, Benefit Plans (2) Taxes related to reclassified gains or losses are recorded within the provision for income taxes. (3) These reclassified gains or losses are recorded within cost of sales. (4) These reclassified gains or losses are recorded within interest and other expense, net.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Provision for Income Taxes	Earnings / (losses) from continuing operations before income taxes and the provision for income taxes consisted of: For the Years Ended December 31, 2016 2015 2014 (in millions) Earnings / (losses) from continuing operations United States $ (364 ) $ 43 $ (135 ) Outside United States 1,818 7,841 2,689 Total $ 1,454 $ 7,884 $ 2,554 Provision for income taxes: United States federal: Current $ (227 ) $ (90 ) $ (125 ) Deferred 141 136 28 (86 ) 46 (97 ) State and local: Current 7 6 20 Deferred 8 (3 ) 11 15 3 31 Total United States (71 ) 49 (66 ) Outside United States: Current 490 707 644 Deferred (290 ) (163 ) (225 ) Total outside United States 200 544 419 Total provision for income taxes $ 129 $ 593 $ 353
Effective Income Tax Rate	The effective income tax rate on pre-tax For the Years Ended December 31, 2016 2015 2014 U.S. federal statutory rate 35.0% 35.0% 35.0% Increase / (decrease) resulting from: State and local income taxes, net of federal tax benefit excluding IRS audit impacts 0.8% (0.1)% 0.3% Foreign rate differences (18.6)% (2.5)% (14.5)% Reversal of other tax accruals no longer required (7.7)% (1.4)% (10.5)% Tax accrual on investment in Keurig 2.3% – – Tax legislation (4.0)% (0.5)% – Gains on coffee business transactions and divestitures – (26.9)% – Loss on deconsolidation of Venezuela – 3.5% – Remeasurement of net monetary assets in Venezuela – – 1.7% Non-deductible 0.9% 0.3% 1.5% Other 0.2% 0.1% 0.3% Effective tax rate 8.9% 7.5% 13.8%
Deferred Tax Assets and Liabilities Temporary Differences	The tax effects of temporary differences that gave rise to deferred income tax assets and liabilities consisted of the following: As of December 31, 2016 2015 (in millions) Deferred income tax assets: Accrued postretirement and postemployment benefits $ 214 $ 230 Accrued pension costs 370 414 Other employee benefits 237 265 Accrued expenses 379 343 Loss carryforwards 619 636 Other 331 352 Total deferred income tax assets 2,150 2,240 Valuation allowance (310 ) (303 ) Net deferred income tax assets $ 1,840 $ 1,937 Deferred income tax liabilities: Intangible assets $ (5,174 ) $ (5,365 ) Property, plant and equipment (557 ) (636 ) Other (472 ) (409 ) Total deferred income tax liabilities (6,203 ) (6,410 ) Net deferred income tax liabilities $ (4,363 ) $ (4,473 )
Changes in Unrecognized Tax Benefit	The changes in our unrecognized tax benefits were: For the Years Ended December 31, 2016 2015 2014 (in millions) January 1 $ 756 $ 852 $ 1,189 Increases from positions taken during prior periods 18 34 143 Decreases from positions taken during prior periods (123 ) (74 ) (247 ) Increases from positions taken during the current period 90 84 147 Decreases relating to settlements with taxing authorities (75 ) (13 ) (203 ) Reductions resulting from the lapse of the applicable statute of limitations (43 ) (41 ) (64 ) Currency / other (13 ) (86 ) (113 ) December 31 $ 610 $ 756 $ 852

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2016
Basic and Diluted Earnings Per Share	Basic and diluted earnings per share (“EPS”) were calculated as follows: For the Years Ended December 31, 2016 2015 2014 (in millions, except per share data) Net earnings $ 1,669 $ 7,291 $ 2,201 Noncontrolling interest (10 ) (24 ) (17 ) Net earnings attributable to Mondelēz International $ 1,659 $ 7,267 $ 2,184 Weighted-average shares for basic EPS 1,556 1,618 1,691 Plus incremental shares from assumed conversions of 17 19 18 Weighted-average shares for diluted EPS 1,573 1,637 1,709 Basic earnings per share attributable to $ 1.07 $ 4.49 $ 1.29 Diluted earnings per share attributable to $ 1.05 $ 4.44 $ 1.28

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2016
Net Revenues and Earnings by Segment	Our segment net revenues and earnings, revised to reflect our new segment structure, were: For the Years Ended December 31, 2016 2015 2014 (in millions) Net revenues: Latin America (1) $ 3,392 $ 4,988 $ 5,153 AMEA (2) 5,816 6,002 6,367 Europe (2) 9,755 11,672 15,788 North America 6,960 6,974 6,936 Net revenues $ 25,923 $ 29,636 $ 34,244 (1) Net revenues of $1,217 million for 2015 and $760 million for 2014 from our Venezuelan subsidiaries are included in our consolidated financial statements. Beginning in 2016, we account for our Venezuelan subsidiaries using the cost method of accounting and no longer include net revenues of our Venezuelan subsidiaries within our consolidated financial statements. Refer to Note 1, Summary of Significant Accounting Policies – Currency Translation and Highly Inflationary Accounting: Venezuela, (2) On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segments. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions – JDE Coffee Business Transactions
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	For the Years Ended December 31, 2016 2015 2014 (in millions) Earnings before income taxes: Operating income: Latin America $ 271 $ 485 $ 475 AMEA 506 389 530 Europe 1,267 1,350 1,952 North America 1,078 1,105 922 Unrealized (losses) / gains on hedging activities (mark-to-market (94 ) 96 (112 ) General corporate expenses (291 ) (383 ) (317 ) Amortization of intangibles (176 ) (181 ) (206 ) Gains on divestitures and JDE coffee business transactions 9 6,822 – Loss on deconsolidation of Venezuela – (778 ) – Acquisition-related costs (1 ) (8 ) (2 ) Operating income 2,569 8,897 3,242 Interest and other expense, net (1,115 ) (1,013 ) (688 ) Earnings before income taxes $ 1,454 $ 7,884 $ 2,554
Total Assets, Depreciation Expense and Capital Expenditure by Segment	Total assets, depreciation expense and capital expenditures by segment, revised to reflect our new segment structure, were: For the Years Ended December 31, 2016 2015 2014 (in millions) Total assets: Latin America $ 5,156 $ 4,673 $ 6,470 AMEA 10,031 10,460 10,549 Europe 19,934 21,026 27,240 North America 20,694 21,175 21,287 Equity method investments 5,585 5,387 662 Unallocated assets (1) 138 122 563 Total assets $ 61,538 $ 62,843 $ 66,771 (1) 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. We had debt issuance costs related to recognized debt liabilities of $40 million as of December 31, 2016, $46 million as of December 31, 2015 and $44 million as of December 31, 2014. For the Years Ended December 31, 2016 2015 2014 (in millions) Depreciation expense: Latin America $ 92 $ 94 $ 118 AMEA 161 155 154 Europe 253 299 407 North America 141 165 174 Total depreciation expense $ 647 $ 713 $ 853 For the Years Ended December 31, 2016 2015 2014 (in millions) Capital Expenditures: Latin America $ 321 $ 354 $ 460 AMEA 349 381 451 Europe 294 517 553 North America 260 262 178 Total capital expenditures $ 1,224 $ 1,514 $ 1,642
Net Revenues by Geographic Segment	For the Years Ended December 31, 2016 2015 2014 (in millions) Net revenues: United States $ 6,329 $ 6,302 $ 6,143 Other 19,594 23,334 28,101 Total net revenues $ 25,923 $ 29,636 $ 34,244
Long-lived Assets by Geographic Segment	As of December 31, 2016 2015 2014 (in millions) Long-lived assets: United States $ 1,508 $ 1,551 $ 1,564 Other 7,229 7,238 8,801 Total long-lived assets $ 8,737 $ 8,789 $ 10,365
Net Revenues by Consumer Sector	Net revenues by product category, revised to reflect our new segment structure, were: For the Year Ended December 31, 2016 Latin North America (1) AMEA Europe America Total (1) (in millions) Biscuits $ 734 $ 1,588 $ 2,703 $ 5,565 $ 10,590 Chocolate 743 1,901 4,840 255 7,739 Gum & Candy 938 953 916 1,140 3,947 Beverages 657 611 177 – 1,445 Cheese & Grocery 320 763 1,119 – 2,202 Total net revenues $ 3,392 $ 5,816 $ 9,755 $ 6,960 $ 25,923 For the Year Ended December 31, 2015 Latin North America (1) AMEA Europe (3) America Total (1) (in millions) Biscuits $ 1,605 $ 1,539 $ 2,680 $ 5,569 $ 11,393 Chocolate 840 1,928 5,050 256 8,074 Gum & Candy 1,091 1,003 1,015 1,149 4,258 Beverages (2) 767 730 1,763 – 3,260 Cheese & Grocery 685 802 1,164 – 2,651 Total net revenues $ 4,988 $ 6,002 $ 11,672 $ 6,974 $ 29,636 For the Year Ended December 31, 2014 Latin North America (1) AMEA Europe (3) America Total (1) (in millions) Biscuits $ 1,322 $ 1,442 $ 3,259 $ 5,486 $ 11,509 Chocolate 1,054 2,073 5,997 296 9,420 Gum & Candy 1,176 1,098 1,232 1,154 4,660 Beverages (2) 940 836 3,902 – 5,678 Cheese & Grocery 661 918 1,398 – 2,977 Total net revenues $ 5,153 $ 6,367 $ 15,788 $ 6,936 $ 34,244 (1) In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies Currency Translation and Highly Inflationary Accounting: Venezuela (2) On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segment beverage categories. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions – JDE Coffee Business Transactions (3) During 2016, we realigned some of our products across product categories primarily within our Europe segment and as such, we reclassified the product category net revenues on a basis consistent with the 2016 presentation.

Quarterly Financial Data (Una44

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Summary of Operating Results	Our summarized operating results by quarter are detailed below. 2016 Quarters First Second Third Fourth (in millions, except per share data) Net revenues $ 6,455 $ 6,302 $ 6,396 $ 6,770 Gross profit 2,535 2,516 2,488 2,589 Provision for income taxes (49 ) (118 ) (40 ) 78 Gain on equity method investment exchange 43 – – – Equity method investment net earnings (1) 85 102 31 83 Net earnings (2) $ 557 $ 471 $ 548 $ 93 Noncontrolling interest (3 ) (7 ) – – Net earnings attributable to Mondelēz International $ 554 $ 464 $ 548 $ 93 Weighted-average shares for basic EPS 1,569 1,557 1,557 1,540 Plus incremental shares from assumed conversions of 18 19 19 19 Weighted-average shares for diluted EPS 1,587 1,576 1,576 1,559 Per share data: Basic EPS attributable to Mondelēz International: $ 0.35 $ 0.30 $ 0.35 $ 0.06 Diluted EPS attributable to Mondelēz International: $ 0.35 $ 0.29 $ 0.35 $ 0.06 Dividends declared $ 0.17 $ 0.17 $ 0.19 $ 0.19 Market price - high $ 44.45 $ 45.75 $ 46.36 $ 46.40 - low $ 35.88 $ 39.53 $ 41.96 $ 40.50 2015 Quarters First Second Third Fourth (in millions, except per share data) Net revenues $ 7,762 $ 7,661 $ 6,849 $ 7,364 Gross profit 2,941 3,066 2,670 2,835 Provision for income taxes 113 100 348 32 Equity method investment net (losses) / earnings (2) – – (72 ) 72 Net earnings / (loss) (1) $ 312 $ 427 $ 7,268 $ (716 ) Noncontrolling interest 12 (21 ) (2 ) (13 ) Net earnings / (loss) attributable to Mondelēz International $ 324 $ 406 $ 7,266 $ (729 ) Weighted-average shares for basic EPS 1,648 1,625 1,609 1,589 Plus incremental shares from assumed conversions of 17 18 20 21 Weighted-average shares for diluted EPS 1,665 1,643 1,629 1,610 Per share data: Basic EPS attributable to Mondelēz International: $ 0.20 $ 0.25 $ 4.52 $ (0.46 ) Diluted EPS attributable to Mondelēz International (3) $ 0.19 $ 0.25 $ 4.46 $ (0.46 ) Dividends declared $ 0.15 $ 0.15 $ 0.17 $ 0.17 Market price - high $ 37.88 $ 41.81 $ 48.58 $ 47.42 - low $ 33.97 $ 35.93 $ 38.91 $ 41.55 (1) 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 JDE earnings, we began to record the earnings from our equity method investments in after-tax after-tax Pre-tax Summary of Significant Accounting Policies – Principles of Consolidation, Divestitures and Acquisitions – JDE Tax Matter Resolution (2) See the following table for significant items that affected the comparability of earnings each quarter. (3) In the fourth quarter of 2015, we recorded a net loss, primarily due to the loss on deconsolidation of Venezuela and coffee business transaction final sales price adjustment. In accordance with U.S. GAAP, due to the net loss in the quarter, diluted EPS was equal to basic EPS.
Pre-Tax (Charges) / Gains in Earnings From Continuing Operations	During 2016 and 2015, we recorded the following pre-tax 2016 Quarters First Second Third Fourth (in millions) Asset impairment and exit costs $ (154 ) $ (166 ) $ (190 ) $ (342 ) Loss related to interest rate swaps (97 ) – – – Divestiture-related costs – (84 ) – (2 ) Loss on early extinguishment of – – – (427 ) $ (251 ) $ (250 ) $ (190 ) $ (771 ) 2015 Quarters First Second Third Fourth (in millions) Asset impairment and exit costs $ (160 ) $ (231 ) $ (155 ) $ (355 ) Remeasurement of net monetary assets (11 ) – – – Loss on deconsolidation of Venezuela – – – (778 ) Gains / (loss) on JDE coffee business – 13 7,122 (313 ) JDE coffee business transactions currency- 551 (144 ) 29 – Loss related to interest rate swaps (34 ) Loss on early extinguishment of (713 ) – – (40 ) $ (367 ) $ (362 ) $ 6,996 $ (1,486 )

Summary of Significant Accoun45

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Millions	Jun. 24, 2016	Dec. 16, 2015	Oct. 01, 2015	Dec. 31, 2016USD ($)Country		Sep. 30, 2016USD ($)		Jun. 30, 2016USD ($)		Mar. 31, 2016USD ($)		Dec. 31, 2015USD ($)		Sep. 30, 2015USD ($)		Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2016USD ($)Country	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)CountrySegment		Dec. 31, 2015USD ($)		Dec. 31, 2014USD ($)
Summary Of Significant Accounting Policies [Line Items]
Number of countries in which products are sold | Country				165														165		165
After-tax equity method investment net earnings				$ 83	[1]	$ 31	[1]	$ 102	[1]	$ 85	[1]	$ 72	[2]	$ (72)	[2]					$ 301
Number of reportable segments | Segment																				4
Net revenues				6,770		$ 6,396		$ 6,302		$ 6,455		7,364		$ 6,849		$ 7,661	$ 7,762			$ 25,923	[3]	$ 29,636	[3]	$ 34,244	[3]
Loss on deconsolidation												(778)										(778)
Uncommitted revolving non-recourse accounts receivable factoring arrangements, maximum combined capacity				802														$ 802		802
Total incremental cost of factoring receivables																				9		7		7
Outstanding principal amount of receivables sold under factoring arrangement				$ 745								$ 666						$ 745	$ 666	745		666		421
Change in accounting policy effect of change on net revenue																						76
Change in accounting policy effect of change on operating results																						36
Advertising expense																				1,396		1,542		1,552
Research and development expense																				$ 376		409		455
Minimum likelihood of tax benefits being recognized upon settlement				50.00%														50.00%		50.00%
Minimum
Summary Of Significant Accounting Policies [Line Items]
Number of countries in which entity operates | Country				80														80		80
Maximum
Summary Of Significant Accounting Policies [Line Items]
After-tax equity method investment net earnings																			$ 1
Machinery and Equipment | Minimum
Summary Of Significant Accounting Policies [Line Items]
Useful life, in years																				3 years
Machinery and Equipment | Maximum
Summary Of Significant Accounting Policies [Line Items]
Useful life, in years																				20 years
Buildings and Building Improvements | Maximum
Summary Of Significant Accounting Policies [Line Items]
Useful life, in years																				40 years
Software | Maximum
Summary Of Significant Accounting Policies [Line Items]
Useful life, in years																				7 years
United Kingdom, Pounds
Summary Of Significant Accounting Policies [Line Items]
Devalued percentage against US Dollar	9.00%																	11.00%
Argentina, Pesos
Summary Of Significant Accounting Policies [Line Items]
Devalued percentage against US Dollar		36.00%																		23.00%
Venezuela
Summary Of Significant Accounting Policies [Line Items]
Net revenues																						1,217		$ 760
Loss on deconsolidation																						$ (778)
United Kingdom
Summary Of Significant Accounting Policies [Line Items]
Net revenues																				$ 2,200
Percentage of consolidated net revenues																				8.60%
Argentina
Summary Of Significant Accounting Policies [Line Items]
Net revenues																				$ 583
Percentage of consolidated net revenues																				2.20%
North America And Europe
Summary Of Significant Accounting Policies [Line Items]
Discount rate			6.70%
Latin America and AMEA
Summary Of Significant Accounting Policies [Line Items]
Discount rate			9.70%
[1]	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 JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. As the after-tax equity method investment net earnings for the six months ended December 31, 2015 was less than $1 million, this line item is not shown on our consolidated statement of earnings. Pre-tax earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information. Equity method investment net earnings were lower in the third quarter of 2016 due to the JDE unfavorable tax expense disclosed in Note 2, Divestitures and Acquisitions - JDE Tax Matter Resolution.
[2]	See the following table for significant items that affected the comparability of earnings each quarter.
[3]	In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

History of Remeasurement Losses

History of Remeasurement Losses, Deconsolidation Loss and Historical Operating Results and Financial Position of Venezuelan Subsidiaries (Detail) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	[1]	Dec. 31, 2015		Dec. 31, 2014
Venezuela [Line Items]
Net revenues		$ 6,770	$ 6,396	$ 6,302	$ 6,455	$ 7,364	$ 6,849	$ 7,661	$ 7,762	$ 25,923		$ 29,636	[1]	$ 34,244	[1]
Remeasurement losses									$ (11)
Loss on deconsolidation						(778)						(778)
Venezuela
Venezuela [Line Items]
Net revenues												1,217		760
Operating income (excluding remeasurement and deconsolidation losses)												266		181
Loss on deconsolidation												(778)
Cash	[2]					611						611		278
Net monetary assets	[2]					405						405		236
Net assets	[2]					$ 658						658		500
Venezuela | Q1 2014: 6.30 to 10.70 bolivars to the U.S. dollar
Venezuela [Line Items]
Remeasurement losses														(142)
Venezuela | SICAD I remeasurements through December 31, 2014
Venezuela [Line Items]
Remeasurement losses														$ (25)
Venezuela | Q1 2015: 11.50 to 12.00 bolivars to the U.S. dollar
Venezuela [Line Items]
Remeasurement losses												$ (11)
[1]	In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.
[2]	Represents the financial position of our Venezuelan subsidiaries prior to the accounting change on December 31, 2015.

History of Remeasurement Loss47

History of Remeasurement Losses, Deconsolidation Loss and Historical Operating Results and Financial Position of Venezuelan Subsidiaries (Parenthetical) (Detail) - VEF / $	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Mar. 31, 2013
Venezuela [Line Items]
Foreign currency exchange rate translation	12	11.50	10.70	6.30

Divestitures and Acquisitions -

Divestitures and Acquisitions - Additional Information (Detail) € in Millions, £ in Millions, AUD in Millions, $ in Millions, ₫ in Billions, ¥ in Billions		Jan. 18, 2017USD ($)	Jan. 18, 2017AUD	Dec. 31, 2016EUR (€)	Nov. 19, 2016USD ($)	Nov. 02, 2016GBP (£)	Oct. 31, 2016USD ($)	Oct. 31, 2016EUR (€)	Aug. 26, 2016USD ($)	Aug. 22, 2016USD ($)	Aug. 22, 2016VND (₫)	Jul. 05, 2016USD ($)	May 02, 2016USD ($)	May 02, 2016EUR (€)	Mar. 31, 2016USD ($)	Mar. 07, 2016USD ($)	Mar. 07, 2016EUR (€)	Mar. 03, 2016USD ($)	Jan. 31, 2016USD ($)	Dec. 18, 2015USD ($)	Dec. 18, 2015EUR (€)	Jul. 02, 2015USD ($)	Jul. 02, 2015EUR (€)	Apr. 23, 2015USD ($)	Apr. 23, 2015JPY (¥)	Feb. 16, 2015USD ($)	Dec. 31, 2016USD ($)		Sep. 30, 2016USD ($)		Sep. 30, 2016EUR (€)	Jun. 30, 2016USD ($)		Mar. 31, 2016USD ($)		Dec. 31, 2015USD ($)		Sep. 30, 2015USD ($)		Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Jun. 30, 2016	Dec. 31, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2016USD ($)		Dec. 31, 2016EUR (€)	Dec. 31, 2015USD ($)		Dec. 31, 2014USD ($)		Dec. 31, 2016USD ($)	Dec. 31, 2016VND (₫)	Nov. 02, 2016USD ($)	Jul. 19, 2016EUR (€)	Jul. 15, 2015	Jul. 02, 2015EUR (€)
Acquisition And Dispositions [Line Items]
Gains on coffee business transactions and divestiture																																				$ 313		$ (7,122)		$ (13)					$ 9			$ 6,822
Proceeds from coffee business divestiture currency hedge settlements																																																1,050
Equity method investments																											$ 5,585									5,387							$ 5,387		5,585			5,387				$ 5,585
Net gain (loss) on coffee business divestiture currency hedges																																		$ 97				(29)		144	$ (551)							436		$ 628
Expenses related to readying businesses for planned transactions																											2					$ 84
Asset impairment and exit costs																											(342)		$ (190)			(166)		(154)		(355)		(155)		(231)	(160)				852			901		692
Equity method investment, pro rata share of capital increase																																																544
Gain on equity method investment exchange																																		43											43
Equity method investment net (losses) / earnings																											83	[1]	31	[1]		102	[1]	85	[1]	72	[2]	(72)	[2]						301
Equity method investment dividend received																																													75			58		63
Spin-Off costs																																																		35
Cash proceeds received																																													138			60		7
Intangible asset impairment																																													137			83		57
Gain or loss on deconsolidation																																				(778)												(778)
Business acquisition, goodwill																											20,276									20,664							20,664		20,276			20,664		23,389		20,276
Net revenues																											6,770		6,396			6,302		6,455		7,364		6,849		7,661	$ 7,762				25,923	[3]		29,636	[3]	34,244	[3]
Operating income (loss)																																													2,569			8,897		3,242
Business acquisition costs																																													1			8		2
Tax Authority, Spain
Acquisition And Dispositions [Line Items]
Interest and penalties expected to be paid																													34		€ 30
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 divestiture of businesses																						5,200
Proceeds from coffee business divestiture currency hedge settlements																						$ 1,000
Net gain (loss) on coffee business divestiture currency hedges																																																436		628
Acorn Holdings BV
Acquisition And Dispositions [Line Items]
Percentage of equity interest acquired by other parties																73.50%	73.50%
Enjoy Life Foods
Acquisition And Dispositions [Line Items]
Business combination, consideration transferred																										$ 81
Business acquisition, goodwill																										20
Intangible assets acquired																										58
Other net assets (liabilities) acquired																										$ 3
Payment to acquire business gross																																								81
Burton's Biscuit Company
Acquisition And Dispositions [Line Items]
Cash paid for acquisition						£ 199																																							246
Business acquisition, definite-life intangible assets																											72																		72							72		$ 72
Business acquisition, goodwill																											156		385																156							156		$ 156
Business acquisition, property, plant and equipment																											14																		14							14
Business acquisition, inventory																											4																		4							4
Latin America Segment
Acquisition And Dispositions [Line Items]
Intangible asset impairment																																													3			5
Business acquisition, goodwill																											897									858							858		897			858				897
Net revenues	[3],[4]																																												3,392			4,988		5,153
Operating income (loss)																																													271			485		475
Europe Segment
Acquisition And Dispositions [Line Items]
Intangible asset impairment																																													22			22		9
Business acquisition, goodwill																											7,170									7,404							7,404		7,170			7,404				7,170
Net revenues	[5]																																												9,755			11,672	[6]	15,788	[6]
Operating income (loss)																																													1,267			1,350		1,952
North America Segment
Acquisition And Dispositions [Line Items]
Intangible asset impairment																																													32
Business acquisition, goodwill																											8,885									8,865							8,865		8,885			8,865				8,885
Net revenues																																													6,960			6,974		6,936
Operating income (loss)																																													1,078			1,105		922
Proceeds from sale of property																													10			40
Corporate Aircraft | Corporate Segment
Acquisition And Dispositions [Line Items]
Proceeds from sale of property																													3			20
Selling, general and administrative expenses | Europe And EEMEA segments
Acquisition And Dispositions [Line Items]
Expenses related to readying businesses for planned transactions																																																278		77
Selling, general and administrative expenses | North America Segment
Acquisition And Dispositions [Line Items]
Gain on sale of property																													6			33
Selling, general and administrative expenses | Corporate Aircraft | Corporate Segment
Acquisition And Dispositions [Line Items]
Gain on sale of property																													1			$ 6
Trademarks
Acquisition And Dispositions [Line Items]
Intangible asset impairment																																													98
Trademarks | Europe Segment
Acquisition And Dispositions [Line Items]
Intangible asset impairment																																													19
Trademarks | North America Segment
Acquisition And Dispositions [Line Items]
Intangible asset impairment																																													19
Coffee Business
Acquisition And Dispositions [Line Items]
Gains on coffee business transactions and divestiture																																																6,809
Settlement losses																																													(90)			(90)
Coffee Business | Europe And EEMEA segments
Acquisition And Dispositions [Line Items]
Asset impairment and exit costs																																																123
Japanese Coffee Joint Venture
Acquisition And Dispositions [Line Items]
Gain on equity method investment exchange																																								13
Goodwill, Deconsolidation and Divestiture																								$ 65
Sale of stock, percentage of ownership before transaction																								50.00%	50.00%
Divestiture of investment in joint venture																																								99				$ 99
After-tax gain (loss) on equity method investment																																								9
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
Vietnam
Acquisition And Dispositions [Line Items]
Cash paid for acquisition																																																				569	₫ 12,404
Percentage of equity interest acquired										20.00%	20.00%																																													80.00%
Remaining interest in biscuit operation to be acquired										20.00%	20.00%
Escrow deposit										$ 70																																			5
Escrowed retained amount										20																																			15
Payment for the non-compete and continued consulting agreements										$ 35	₫ 759
Net revenues																																													71			121
Operating income (loss)																																													5			21
Vietnam | Selling, general and administrative expenses
Acquisition And Dispositions [Line Items]
Business acquisition costs																																																7		2
Business integration costs																																													7			9
United States
Acquisition And Dispositions [Line Items]
Net revenues																																													6,329			6,302		6,143
United States | Trademarks | Selling, general and administrative expenses
Acquisition And Dispositions [Line Items]
Pre-tax gain after transaction costs									$ 7
Class A | Acorn Holdings BV
Acquisition And Dispositions [Line Items]
Percentage of equity interest acquired by other parties																73.50%	73.50%															73.22%										73.22%
Class C,D and E | Acorn Holdings BV
Acquisition And Dispositions [Line Items]
Percentage of equity interest acquired by other parties																																0.38%										0.38%
Final Valuation | Vietnam
Acquisition And Dispositions [Line Items]
Business acquisition, goodwill																													385
Business acquisition, property, plant and equipment																													49
Business acquisition, inventory																													10
Intangible assets acquired																													86
Other net assets (liabilities) acquired																													$ 31
Discontinued Operations, Held-for-sale | Australia And New Zealand
Acquisition And Dispositions [Line Items]
Disposal group, including discontinued operation, other current assets																											25																		25							25
Disposal group, including discontinued operation, other non current assets																											125																		125							125
Discontinued Operations, Held-for-sale | FRANCE
Acquisition And Dispositions [Line Items]
Proceeds from divestiture of businesses				€ 225																																									237
Cash proceeds received				€ 176																																									185
Disposal group, including discontinued operation, other current assets																											125																		125							125
Disposal group, including discontinued operation, other non current assets																											174																		174							174
Disposal group, including discontinued operation, other current liabilities																											33																		33							33
Disposal group, including discontinued operation, other non current liabilities																											$ 29																		29							$ 29
Discontinued Operations, Held-for-sale | FRANCE | Cost of sales and selling, general and administrative expenses
Acquisition And Dispositions [Line Items]
Expenses related to readying businesses for planned transactions																																													86
Discontinued Operations, Held-for-sale | FRANCE | Trademarks
Acquisition And Dispositions [Line Items]
Intangible asset impairment															$ 14																														5
Discontinued Operations, Held-for-sale | BELGIUM | Confectionery Business in Costa Rica and Chocolate Factory in Belgium
Acquisition And Dispositions [Line Items]
Expenses related to readying businesses for planned transactions																																													14		€ 13
Gain or loss on deconsolidation																																													68		65
Fixed asset impairment charge																																													31		30
Disposal group, not discontinued operation, gain (loss) on disposal																																													23		€ 22
Discontinued Operations, Held-for-sale | COSTA RICA | Confectionery Business in Costa Rica and Chocolate Factory in Belgium | Latin America Segment
Acquisition And Dispositions [Line Items]
Proceeds from divestiture of businesses																			$ 28
Expenses related to readying businesses for planned transactions																			2
Gain or loss on deconsolidation																			9
Property, plant and equipment, divested																			11
Goodwill, Deconsolidation and Divestiture																			4
Inventory, divested																			$ 2
Discontinued Operations, Held-for-sale | FINLAND
Acquisition And Dispositions [Line Items]
Proceeds from divestiture of businesses													$ 16	€ 14
Cash proceeds received							$ 2	€ 2					14	€ 12
Pre-tax gain after transaction costs																																													8
Indefinite-lived Intangible assets, divested													8
Gain after transaction costs, net of tax																																													6
Discontinued Operations, Held-for-sale | FINLAND | Selling, general and administrative expenses | Europe Segment
Acquisition And Dispositions [Line Items]
Pre-tax gain after transaction costs																																													6
Gain after transaction costs, net of tax																																													5
Discontinued Operations, Disposed of by Sale | FINLAND
Acquisition And Dispositions [Line Items]
Indefinite-lived Intangible assets, divested													8
Discontinued Operations, Disposed of by Sale | Russia | Manufacturing Plant
Acquisition And Dispositions [Line Items]
Fixed asset impairment charge					$ 4
Amount of expenses associated with property disposal					12
Proceeds from sale of property					$ 6
Maximum
Acquisition And Dispositions [Line Items]
Equity method investment net (losses) / earnings																																											$ 1
Maximum | Discontinued Operations, Held-for-sale | FINLAND
Acquisition And Dispositions [Line Items]
Other assets, divested													$ 1
Subsequent Event | Discontinued Operations, Held-for-sale | Australia And New Zealand
Acquisition And Dispositions [Line Items]
Cash proceeds received		$ 346	AUD 460
JDE Coffee Business
Acquisition And Dispositions [Line Items]
Equity method investment, ownership percentage																						43.50%																																			43.50%
Proceeds from divestiture of businesses												$ 275										$ 4,200	€ 3,800
Divestiture of business, receivable																						794
Cash and receivables recorded related to the reimbursement of costs incurred from separating a business																																						283
Gains on coffee business transactions and divestiture																																						$ 7,100										6,800
Gains on coffee business transactions and divestiture, after tax																																																6,600
Deconsolidated net assets																						2,900
Settlement losses																						90
Reduction in pre-tax gain on coffee business transactions and divestiture																																				$ 313
Equity method investments																						$ 4,500																																			€ 4,100
Equity method investment net (losses) / earnings																																													$ 100			(58)
JDE Coffee Business | Tax Authority, Spain
Acquisition And Dispositions [Line Items]
Unfavorable tax expense | €																																																							€ 114
JDE Coffee Business | Operating Income (Loss)
Acquisition And Dispositions [Line Items]
Equity method investment net (losses) / earnings																																												296						572
Income loss from equity method investments before tax																																												342						646
JDE
Acquisition And Dispositions [Line Items]
Equity method investment, ownership percentage																26.50%	26.50%										26.40%																		26.40%							26.40%
Equity method investment, pro rata share of capital increase																				$ 544	€ 499
Stock-based compensation, dilution percentage																																										2.00%
Gain on equity method investment exchange																																		$ 43
JDE | Acorn Holdings BV
Acquisition And Dispositions [Line Items]
Carrying value of equity method investments exchanged																$ 2,000	€ 1,700
JDE | Class B
Acquisition And Dispositions [Line Items]
Equity method investment, ownership percentage																26.50%	26.50%															26.40%										26.40%
JDE | Minimum | Class B
Acquisition And Dispositions [Line Items]
Equity method investment, ownership percentage																																26.27%										26.27%
JDE | Non-cash
Acquisition And Dispositions [Line Items]
Equity method investment, pro rata share of capital increase																				501	460
JDE | Cash
Acquisition And Dispositions [Line Items]
Equity method investment, pro rata share of capital increase																				$ 43	€ 39
Keurig Green Mountain Inc.
Acquisition And Dispositions [Line Items]
Equity method investment, ownership percentage																24.20%	24.20%
Equity method investments																											$ 1,600																		$ 1,600							$ 1,600
Equity method investments and shareholders loan receivable																											2,000																		2,000							2,000
Shareholder loan receivable																											$ 400																		$ 400							$ 400
Shareholder loan receivable, interest rate																																													5.50%		5.50%
Shareholder loan receivable, loan term																																													7 years		7 years
Equity method investment net (losses) / earnings																																													$ 97
Interest payments received on shareholder loan																																													14
Equity method investment dividend received																																													4
Keurig Green Mountain Inc. | Acorn Holdings BV
Acquisition And Dispositions [Line Items]
Business combination, consideration transferred																		$ 13,900
Keurig Green Mountain Inc. | Equity Earnings
Acquisition And Dispositions [Line Items]
Equity method investment net (losses) / earnings																																													77
Keurig Green Mountain Inc. | Interest Income
Acquisition And Dispositions [Line Items]
Equity method investment net (losses) / earnings																																													20
Dongsuh Foods Corporation
Acquisition And Dispositions [Line Items]
Equity method investment net (losses) / earnings																																													75			38
Dongsuh Foods Corporation | Operating Income (Loss)
Acquisition And Dispositions [Line Items]
Equity method investment net (losses) / earnings																																												40						83
Other Equity Investments
Acquisition And Dispositions [Line Items]
Equity method investment net (losses) / earnings																																													$ 29			$ 21
Other Equity Investments | Operating Income (Loss)
Acquisition And Dispositions [Line Items]
Equity method investment net (losses) / earnings																																												$ 16						$ 30
[1]	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 JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. As the after-tax equity method investment net earnings for the six months ended December 31, 2015 was less than $1 million, this line item is not shown on our consolidated statement of earnings. Pre-tax earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information. Equity method investment net earnings were lower in the third quarter of 2016 due to the JDE unfavorable tax expense disclosed in Note 2, Divestitures and Acquisitions - JDE Tax Matter Resolution.
[2]	See the following table for significant items that affected the comparability of earnings each quarter.
[3]	In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.
[4]	Net revenues of $1,217 million for 2015 and $760 million for 2014 from our Venezuelan subsidiaries are included in our consolidated financial statements. Beginning in 2016, we account for our Venezuelan subsidiaries using the cost method of accounting and no longer include net revenues of our Venezuelan subsidiaries within our consolidated financial statements. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.
[5]	On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segments. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions - JDE Coffee Business Transactions, for more information.
[6]	During 2016, we realigned some of our products across product categories primarily within our Europe segment and as such, we reclassified the product category net revenues on a basis consistent with the 2016 presentation.

Summary Financial Information f

Summary Financial Information for Equity Method Investments (Detail) - USD ($) $ in Millions		3 Months Ended												6 Months Ended	12 Months Ended
		Dec. 31, 2016		Sep. 30, 2016	[1]	Jun. 30, 2016	[1]	Mar. 31, 2016	[1]	Dec. 31, 2015		Sep. 30, 2015	[2]	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Summary Balance Sheet for Equity Method Investments
Equity method investments		$ 5,585								$ 5,387				$ 5,387	$ 5,585	$ 5,387
Summary Statement of Operations for Equity Method Investments
Equity method investment net (losses) / earnings		83	[1]	$ 31		$ 102		$ 85		72	[2]	$ (72)			301
Maximum
Summary Statement of Operations for Equity Method Investments
Equity method investment net (losses) / earnings														1
Jacobs Douwe Egberts and Other Equity Method Investment
Summary Balance Sheet for Equity Method Investments
Current assets		4,458								3,943				3,943	4,458	3,943
Noncurrent assets		35,089								20,936				20,936	35,089	20,936
Total assets		39,547								24,879				24,879	39,547	24,879
Current liabilities		4,148								2,779				2,779	4,148	2,779
Noncurrent liabilities		16,472								9,880				9,880	16,472	9,880
Total liabilities		20,620								12,659				12,659	20,620	12,659
Keurig shareholder loan		440													440
Equity method investments		5,585								5,387				5,387	5,585	5,387
Summary Statement of Operations for Equity Method Investments
Net revenues															10,923	4,993	$ 2,721
Gross profit															4,219	1,551	921
Income from continuing operations															839	96	226
Net income															839	97	226
Equity method investment net (losses) / earnings	[3]														301	56	113
Jacobs Douwe Egberts and Other Equity Method Investment | Interest Income
Summary Statement of Operations for Equity Method Investments
Equity method investment net (losses) / earnings															20
Jacobs Douwe Egberts and Other Equity Method Investment | Investee
Summary Balance Sheet for Equity Method Investments
Total net equity of investees		18,927								12,220				12,220	18,927	12,220
Equity method investments	[4]	$ 5,145								$ 5,387				$ 5,387	5,145	5,387
Summary Statement of Operations for Equity Method Investments
Net income															838	97	226
Equity method investment net (losses) / earnings															$ 281	$ 56	$ 113
Jacobs Douwe Egberts and Other Equity Method Investment | Minimum
Summary Statement of Operations for Equity Method Investments
Mondelz International ownership interests		24.00%								40.00%				40.00%	24.00%	40.00%	40.00%
Jacobs Douwe Egberts and Other Equity Method Investment | Maximum
Summary Statement of Operations for Equity Method Investments
Mondelz International ownership interests		50.00%								50.00%				50.00%	50.00%	50.00%	50.00%
[1]	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 JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. As the after-tax equity method investment net earnings for the six months ended December 31, 2015 was less than $1 million, this line item is not shown on our consolidated statement of earnings. Pre-tax earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information. Equity method investment net earnings were lower in the third quarter of 2016 due to the JDE unfavorable tax expense disclosed in Note 2, Divestitures and Acquisitions - JDE Tax Matter Resolution.
[2]	See the following table for significant items that affected the comparability of earnings each quarter.
[3]	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 JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. For the six months ended December 31, 2015, after-tax equity method investment net earnings were less than $1 million on a combined basis. Earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015 and $113 million for the year ended December 31, 2014. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information.
[4]	Includes approximately $325 million of basis differences between the U.S. GAAP accounting basis for our equity method investments and the U.S. GAAP accounting basis of our investees' equity.

Summary Financial Information50

Summary Financial Information for Equity Method Investments (Parenthetical) (Detail) - USD ($) $ in Millions

3 Months Ended

6 Months Ended

12 Months Ended

Dec. 31, 2016

[1]

Sep. 30, 2016

[1]

Jun. 30, 2016

[1]

Mar. 31, 2016

[1]

Dec. 31, 2015

[2]

Sep. 30, 2015

[2]

Dec. 31, 2015

Jul. 02, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Schedule of Equity Method Investments [Line Items]

After-tax equity method investment net earnings

$ 83

$ 31

$ 102

$ 85

$ 72

$ (72)

$ 301

Operating income

2,569

$ 8,897

$ 3,242

Maximum

Schedule of Equity Method Investments [Line Items]

After-tax equity method investment net earnings

$ 1

Equity Method Investments

Schedule of Equity Method Investments [Line Items]

Operating income

$ 56

$ 113

US GAAP basis difference from equity method investments

Schedule of Equity Method Investments [Line Items]

Basis Differences

$ 325

$ 335

[1]

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 JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. As the after-tax equity method investment net earnings for the six months ended December 31, 2015 was less than $1 million, this line item is not shown on our consolidated statement of earnings. Pre-tax earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information. Equity method investment net earnings were lower in the third quarter of 2016 due to the JDE unfavorable tax expense disclosed in Note 2, Divestitures and Acquisitions - JDE Tax Matter Resolution.

[2]

See the following table for significant items that affected the comparability of earnings each quarter.

Components of Inventories (Deta

Components of Inventories (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Inventory [Line Items]
Raw materials	$ 722	$ 782
Finished product	1,865	1,930
Inventory, Gross, Total	2,587	2,712
Inventory reserves	(118)	(103)
Inventories, net	$ 2,469	$ 2,609

Property, Plant and Equipment52

Property, Plant and Equipment (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 14,687	$ 14,554
Accumulated depreciation	(6,458)	(6,192)
Property, plant and equipment, net	8,229	8,362
Land and Land Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	471	495
Buildings and Building Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,801	2,753
Machinery and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	10,302	10,044
Construction in Progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,113	$ 1,262

Property, Plant and Equipment -

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Capital expenditures	$ 1,224	$ 1,514	$ 1,642
Accrued capital expenditures unpaid	343
Payments for capital expenditures accrued in the prior year	322
Asset impairments and accelerated depreciation	446	345	240
2014-2018 Restructuring Program
Property, Plant and Equipment [Line Items]
Asset impairments and accelerated depreciation	$ 301	$ 264	$ 173

Summary of Asset Impairment and

Summary of Asset Impairment and Exit Costs (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairments and accelerated depreciation	$ 446	$ 345	$ 240
2014-2018 Restructuring Program
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairments and accelerated depreciation	301	264	173
2014-2018 Restructuring Program | Latin America Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairments and accelerated depreciation	22	46	14
2014-2018 Restructuring Program | Asia Middle East Africa Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairments and accelerated depreciation	44	88	34
2014-2018 Restructuring Program | Europe Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairments and accelerated depreciation	122	65	42
2014-2018 Restructuring Program | North America Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairments and accelerated depreciation	111	$ 65	$ 83
2014-2018 Restructuring Program | Corporate Segment
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairments and accelerated depreciation	$ 2

Goodwill by Segment (Detail)

Goodwill by Segment (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Goodwill	$ 20,276	$ 20,664	$ 23,389
Latin America Segment
Segment Reporting Information [Line Items]
Goodwill	897	858
Asia Middle East Africa Segment
Segment Reporting Information [Line Items]
Goodwill	3,324	3,537
Europe Segment
Segment Reporting Information [Line Items]
Goodwill	7,170	7,404
North America Segment
Segment Reporting Information [Line Items]
Goodwill	$ 8,885	$ 8,865

Intangible Assets (Detail)

Intangible Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Intangible Assets [Line Items]
Non-amortizable intangible assets	$ 17,004	$ 17,527
Amortizable intangible assets	2,315	2,320
Total intangible assets, gross	19,319	19,847	$ 21,335
Accumulated amortization	(1,218)	(1,079)
Intangible assets, net	$ 18,101	$ 18,768

Goodwill and Intangible Asset57

Goodwill and Intangible Assets - Additional Information (Detail) $ in Millions	Jul. 02, 2015USD ($)	Apr. 23, 2015USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)Brand	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 01, 2016USD ($)	Nov. 02, 2016USD ($)	May 02, 2016USD ($)	Feb. 16, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Line Items]
Amortization expense for intangible assets				$ 176	$ 181	$ 206
Estimated amortization expense in year 1				171
Estimated amortization expense in year 2				171
Estimated amortization expense in year 3				171
Estimated amortization expense in year 4				171
Estimated amortization expense in year 5				171
Goodwill, Deconsolidation and Divestiture				4	1,729
Intangible Assets,Deconsolidation and Divestiture				8
Business acquisition, goodwill				20,276	20,664	23,389
Business acquisition, goodwill adjustments				80	481
Intangible asset impairment				137	83	57
Impairment of goodwill				$ 0	0	0
Number of brands | Brand				5
Intangible asset, aggregate book value				$ 17,004	17,527
Coffee Business
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill, Deconsolidation and Divestiture	$ 1,664
Japanese Coffee Joint Venture
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill, divested		$ 65
Sale of stock, percentage of ownership before transaction		50.00%
Europe Segment
Goodwill and Intangible Assets Disclosure [Line Items]
Business acquisition, goodwill				7,170	7,404
Intangible asset impairment				22	22	9
North America Segment
Goodwill and Intangible Assets Disclosure [Line Items]
Business acquisition, goodwill				8,885	8,865
Intangible asset impairment				32
Asia Middle East Africa Segment
Goodwill and Intangible Assets Disclosure [Line Items]
Business acquisition, goodwill				3,324	3,537
Intangible asset impairment				41	44	$ 48
Latin America Segment
Goodwill and Intangible Assets Disclosure [Line Items]
Business acquisition, goodwill				897	858
Intangible asset impairment				3	5
Enjoy Life Foods
Goodwill and Intangible Assets Disclosure [Line Items]
Business acquisition, goodwill										$ 20
Intangible assets acquired										$ 58
Burton's Biscuit Company
Goodwill and Intangible Assets Disclosure [Line Items]
Business acquisition, goodwill			$ 385	156				$ 156
Business acquisition, definite-life intangible assets				72				$ 72
Business acquisition, goodwill adjustments			$ 76
Vietnam
Goodwill and Intangible Assets Disclosure [Line Items]
Finite-lived intangible assets acquired				25
Indefinite-lived intangible assets acquired				61
Trademarks
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible asset impairment				98
Intangible asset, aggregate book value				630
Trademarks | Europe Segment
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible asset impairment				19
Trademarks | Europe Segment | Planned Sale of Confectionery Business in France
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible asset impairment				20
Trademarks | North America Segment
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible asset impairment				19
Trademarks | Asia Middle East Africa Segment
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible asset impairment				$ 19
Trademarks | Venezuela
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible asset impairment					$ 12
Discontinued Operations, Disposed of by Sale | COSTA RICA | Sale Of Confectionery Business In Costa Rica
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill, divested							$ 4
Discontinued Operations, Disposed of by Sale | FINLAND
Goodwill and Intangible Assets Disclosure [Line Items]
Indefinite-lived Intangible assets, divested									$ 8
Weighted Average
Goodwill and Intangible Assets Disclosure [Line Items]
Life of our amortizable intangible assets (in years)				13 years 6 months
Maximum | Coffee Business
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible Assets,Deconsolidation and Divestiture	$ 1

Changes in Goodwill and Intangi

Changes in Goodwill and Intangible Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill And Intangible Assets [Line Items]
Goodwill beginning balance	$ 20,664	$ 23,389
Goodwill, Currency	(464)	(1,477)
Goodwill, written off related to sale of business unit	(4)	(1,729)
Goodwill, Acquisition	80	481
Goodwill, Asset impairments	0	0	$ 0
Goodwill, Other	0	0
Goodwill ending balance	20,276	20,664	23,389
Intangible Assets, at Cost beginning balance	19,847	21,335
Intangible Assets, Currency	(540)	(1,462)
Intangible Assets, Written off related to divested business unit	(8)
Intangible Assets, Acquisition	158	58
Intangible Assets, Asset impairments	(137)	(83)	(57)
Intangible Assets, Other	(1)	(1)
Intangible Assets, at Cost ending balance	$ 19,319	$ 19,847	$ 21,335

Restructuring Programs - Additi

Restructuring Programs - Additional Information (Detail) - USD ($)	Aug. 31, 2016	May 06, 2014	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2016		Dec. 31, 2014
Restructuring Cost and Reserve [Line Items]
Capital expenditures			$ 1,224,000,000	$ 1,514,000,000	$ 1,642,000,000
Severance and Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges					73,000,000
2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost					925,000,000					$ 925,000,000
Restructuring and related cost, cost incurred					459,000,000					899,000,000	[1]
Restructuring charges				(4,000,000)	360,000,000					729,000,000	[1]
Cash spent			21,000,000	66,000,000
Non-cash asset write-downs			6,000,000	4,000,000
Restructuring reserve			19,000,000	47,000,000	128,000,000			$ 19,000,000		128,000,000
Implementation Costs					99,000,000					170,000,000	[1]
Restructuring and related activities, authorized amount							$ 1,500,000,000
Restructuring and related cost, cost incurred					899,000,000					899,000,000
Reversal to restructuring charges				4,000,000
2012-2014 Restructuring Program | Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Implementation Costs					99,000,000
2012-2014 Restructuring Program | Other current liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve			18,000,000					18,000,000
2012-2014 Restructuring Program | Maximum | Other liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve			1,000,000					1,000,000
2012-2014 Restructuring Program | Severance and Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges				(4,000,000)
Cash spent			21,000,000	66,000,000
Non-cash asset write-downs			6,000,000	4,000,000
Restructuring reserve			19,000,000	47,000,000	128,000,000			19,000,000		128,000,000
2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost	$ 5,700,000,000
Reallocation of previously approved capital expenditures to be spent on restructuring program cash costs	600,000,000
Restructuring and related cost, cost incurred			1,086,000,000	1,002,000,000	381,000,000			2,469,000,000	[2]
Restructuring charges			714,000,000	711,000,000	274,000,000			1,699,000,000	[2]
Cash spent			315,000,000	243,000,000
Non-cash asset write-downs			321,000,000	273,000,000
Restructuring reserve			464,000,000	395,000,000	224,000,000			464,000,000		224,000,000
Implementation Costs			372,000,000	291,000,000	107,000,000			770,000,000	[2]
2014-2018 Restructuring Program | Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Implementation Costs			372,000,000	291,000,000	107,000,000
2014-2018 Restructuring Program | Other current liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve			379,000,000					379,000,000
2014-2018 Restructuring Program | Other liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve			85,000,000					85,000,000
2014-2018 Restructuring Program | Maximum
Restructuring Cost and Reserve [Line Items]
Capital expenditures	1,600,000,000	$ 2,200,000,000
2014-2018 Restructuring Program | Restructuring Program Costs
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost	4,100,000,000	3,500,000,000
2014-2018 Restructuring Program | Cash Expense
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost	3,100,000,000	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	$ 1,000,000,000
2014-2018 Restructuring Program | Severance and Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges			402,000,000	442,000,000
Cash spent			315,000,000	243,000,000
Non-cash asset write-downs			9,000,000	4,000,000
Restructuring reserve			$ 464,000,000	$ 395,000,000	224,000,000			$ 464,000,000		$ 224,000,000
2014-2018 Restructuring Program | Cash Outlays
Restructuring Cost and Reserve [Line Items]
Approved restructuring program cost	$ 4,700,000,000
2014 Restructuring Charges | Severance and Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges					$ 52,000,000
2013 Restructuring Charges | Severance and Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges						$ 21,000,000
[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 December 31, 2016.

Schedule of Restructuring Costs

Schedule of Restructuring Costs (Detail) - USD ($) $ in Millions	12 Months Ended			32 Months Ended		36 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2016		Dec. 31, 2014
2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period	$ 47	$ 128
Charges		(4)	$ 360			$ 729	[1]
Cash spent	(21)	(66)
Non-cash settlements / adjustments	(6)	(4)
Currency	(1)	(7)
Balance at end of period	19	47	128	$ 19		128
2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period	395	224
Charges	714	711	274	1,699	[2]
Cash spent	(315)	(243)
Non-cash settlements / adjustments	(321)	(273)
Currency	(9)	(24)
Balance at end of period	464	395	224	464		224
Severance and Related Costs
Restructuring Cost and Reserve [Line Items]
Charges			73
Severance and Related Costs | 2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period	47	128
Charges		(4)
Cash spent	(21)	(66)
Non-cash settlements / adjustments	(6)	(4)
Currency	(1)	(7)
Balance at end of period	19	47	128	19		128
Severance and Related Costs | 2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Balance at beginning of period	395	224
Charges	402	442
Cash spent	(315)	(243)
Non-cash settlements / adjustments	(9)	(4)
Currency	(9)	(24)
Balance at end of period	464	395	$ 224	$ 464		$ 224
Asset Write-Downs | 2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Charges	312	269
Non-cash settlements / adjustments	$ (312)	$ (269)
[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 December 31, 2016.

Restructuring and Implementatio

Restructuring and Implementation Costs (Detail) - USD ($) $ in Millions		12 Months Ended			32 Months Ended		36 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2016	[2]	Dec. 31, 2014
2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring Costs			$ (4)	$ 360			$ 729	[1]
Implementation Costs				99			170	[1]
Total				459			899	[1]
2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		$ 714	711	274	$ 1,699
Implementation Costs		372	291	107	770
Total		1,086	1,002	381	2,469
Operating Segments | 2012-2014 Restructuring Program | Latin America Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs				8			36	[1]
Implementation Costs				3			3	[1]
Total				11			39	[1]
Operating Segments | 2012-2014 Restructuring Program | Asia Middle East Africa Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs				77			83	[1]
Implementation Costs				6			8	[1]
Total				83			91	[1]
Operating Segments | 2012-2014 Restructuring Program | Europe Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs				162			271	[1]
Implementation Costs				54			90	[1]
Total				216			361	[1]
Operating Segments | 2012-2014 Restructuring Program | North America Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs				113			337	[1]
Implementation Costs				32			65	[1]
Total				145			402	[1]
Operating Segments | 2014-2018 Restructuring Program | Latin America Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		111	145	81	337
Implementation Costs		54	39	16	109
Total		165	184	97	446
Operating Segments | 2014-2018 Restructuring Program | Asia Middle East Africa Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		96	181	30	307
Implementation Costs		48	26	12	86
Total		144	207	42	393
Operating Segments | 2014-2018 Restructuring Program | Europe Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs		310	243	96	649
Implementation Costs		88	78	38	204
Total		398	321	134	853
Operating Segments | 2014-2018 Restructuring Program | North America Segment
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	[3]	183	114	57	354
Implementation Costs	[3]	121	69	5	195
Total	[3]	304	183	62	549
Corporate | 2012-2014 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	[1],[4]						2
Implementation Costs	[4]			4			4	[1]
Total	[4]			4			$ 6	[1]
Corporate | 2014-2018 Restructuring Program
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	[4]	14	28	10	52
Implementation Costs	[4]	61	79	36	176
Total	[4]	$ 75	$ 107	$ 46	$ 228
[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 December 31, 2016.
[3]	During 2016, our North America region implementation costs included incremental costs that we incurred related to re-negotiating collective bargaining agreements that expired at the end of February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.
[4]	Includes adjustment for rounding.

Short-Term Borrowings and Relat

Short-Term Borrowings and Related Weighted-Average Interest Rates (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Amount outstanding	$ 2,531	$ 236
Commercial Paper
Short-term Debt [Line Items]
Amount outstanding	$ 2,371
Weighted-average rate	1.00%	0.00%
Bank Loans
Short-term Debt [Line Items]
Amount outstanding	$ 160	$ 236
Weighted-average rate	10.60%	9.50%

Debt and Borrowing Arrangemen63

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

Dec. 16, 2016USD ($)

Oct. 28, 2016USD ($)

Oct. 19, 2016USD ($)

Oct. 14, 2016USD ($)

Feb. 09, 2016USD ($)

Jan. 26, 2016USD ($)

Jan. 21, 2016USD ($)

Nov. 30, 2015USD ($)

Nov. 25, 2015USD ($)

Oct. 06, 2015USD ($)

Jun. 11, 2015EUR (€)

Mar. 30, 2015USD ($)

Mar. 20, 2015USD ($)

Mar. 20, 2015EUR (€)

Mar. 06, 2015USD ($)

Dec. 31, 2016USD ($)

Dec. 31, 2015USD ($)

Mar. 31, 2015USD ($)

Dec. 31, 2016USD ($)

Dec. 31, 2015USD ($)

Dec. 31, 2014USD ($)

Oct. 31, 2016USD ($)

Jan. 31, 2016USD ($)

Jan. 26, 2016CHF (SFr)

Jan. 21, 2016EUR (€)

Nov. 30, 2015GBP (£)

Nov. 25, 2015GBP (£)

Oct. 06, 2015CHF (SFr)

Mar. 30, 2015CHF (SFr)

Mar. 06, 2015GBP (£)

Mar. 06, 2015EUR (€)

Debt Instrument [Line Items]

Revolving credit facility debt covenant

$ 24,600,000,000

Deferred debt issuance costs

$ 40,000,000

$ 46,000,000

40,000,000

$ 46,000,000

$ 44,000,000

Unamortized non-cash bond premiums, discounts, bank fees and mark-to-market adjustments

(69,000,000)

Debt instrument, principal amount

6,186,000,000

4,975,000,000

3,017,000,000

Loss on extinguishment of debt

(428,000,000)

(748,000,000)

$ (493,000,000)

Cash tender offer amount

$ 2,500,000,000

Carrying value of total debt

$ 17,199,000,000

$ 15,398,000,000

$ 17,199,000,000

$ 15,398,000,000

Weighted-average interest rate

2.20%

3.70%

2.20%

3.70%

4.30%

Fair value of total debt

$ 17,882,000,000

$ 15,908,000,000

$ 17,882,000,000

$ 15,908,000,000

International Subsidiaries

Debt Instrument [Line Items]

Revolving credit facility, maximum borrowing capacity

1,800,000,000

1,900,000,000

1,800,000,000

1,900,000,000

Line of credit facility outstanding amount

160,000,000

236,000,000

160,000,000

236,000,000

Revolving Credit Facility, October 11, 2018

Debt Instrument [Line Items]

Revolving credit facility, maximum borrowing capacity

4,500,000,000

$ 4,500,000,000

Revolving credit facility expiration date

Oct. 11, 2021

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 December 31, 2016, we complied with this covenant

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

36,300,000,000

$ 36,300,000,000

Line of credit facility outstanding amount

0

$ 0

Bank Term Loan Facility

Debt Instrument [Line Items]

Carrying value of total debt

$ 1,500,000,000

Three-year maturity | Bank Term Loan Facility

Debt Instrument [Line Items]

Carrying value of total debt

$ 750,000,000

Debt instrument, description

On October 25, 2016, we also gave notice of our intent to terminate the $750 million loan with the three-year maturity.

Debt instrument, maturity term

3 years

Five-year maturity | Bank Term Loan Facility

Debt Instrument [Line Items]

Carrying value of total debt

$ 750,000,000

Debt instrument, maturity term

5 years

Maximum | Commercial Paper

Debt Instrument [Line Items]

Commercial paper, Maturity period

88 days

Minimum | Commercial Paper

Debt Instrument [Line Items]

Commercial paper, Maturity period

3 days

Swiss franc notes

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 399,000,000

$ 410,000,000

$ 694,000,000

SFr 400

SFr 400

SFr 675

Net proceeds from issuance of notes

398,000,000

$ 675,000,000

$ 410,000,000

Discounts and deferred financing costs

$ 1,000,000

$ 2,000,000

Swiss franc notes | Maximum

Debt Instrument [Line Items]

Discounts and deferred financing costs

1,000,000

1,000,000

Euro notes

Debt Instrument [Line Items]

Debt instrument, principal amount | €

€ 400

Debt instrument, principal amount | €

€ 700

Euro-denominated notes

Debt Instrument [Line Items]

Debt instrument, principal amount | €

€ 2,000

Euro-denominated notes | 6.250% Senior Notes

Debt Instrument [Line Items]

Debt instrument, principal amount | €

€ 850

Debt instrument interest rate

6.25%

Tender Offer

Debt Instrument [Line Items]

Loss on extinguishment of debt

(708,000,000)

Gain / (loss) recognized in income on fair value of hedges

1,000,000

Tender Offer | Cash Flow Hedges | Interest rate contracts

Debt Instrument [Line Items]

Interest expense

$ 5,000,000

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

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

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

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

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

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

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

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

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

2040-02

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

4.125% U.S. dollar Notes

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 1,750,000,000

Debt instrument, principal amount

$ 1,150,000,000

Debt instrument interest rate

4.125%

1.625% Notes Due 2023

Debt Instrument [Line Items]

Debt instrument maturity Year

Jan. 20, 2023

Debt instrument, principal amount

$ 760,000,000

€ 700

Debt instrument interest rate

1.625%

1.625%

Net proceeds from issuance of notes

$ 752,000,000

Discounts and deferred financing costs

$ 8,000,000

Seven Point Two Five Zero Percent Notes

Debt Instrument [Line Items]

Cash tender offer amount

$ 372,000,000

£ 247

Debt instrument interest rate

7.25%

7.25%

Debt instrument maturity Year

2018-07

Four Point Five Zero Zero Percent Notes

Debt Instrument [Line Items]

Debt instrument maturity Year

Dec. 3, 2035

Loss on extinguishment of debt

(40,000,000)

Debt instrument, principal amount

$ 609,000,000

$ 609,000,000

£ 400

Debt instrument interest rate

4.50%

4.50%

Net proceeds from issuance of notes

$ 604,000,000

Discounts and deferred financing costs

$ 5,000,000

2.250% Fixed Rate Notes

Debt Instrument [Line Items]

Debt instrument, principal amount

$ 850,000,000

Debt instrument, fixed interest rate

2.25%

Debt instrument maturity Year

Feb. 1, 2019

Debt instrument redemption amount

$ 866,000,000

Accrued interest

7,000,000

Loss on extinguishment of debt

$ (19,000,000)

US Dollar, Euro and British Pound Sterling-denominated Notes

Debt Instrument [Line Items]

Cash tender offer amount

$ 3,180,000,000

Notes

Debt Instrument [Line Items]

Loss on extinguishment of debt

(409,000,000)

Debt instrument, principal amount

$ 3,750,000,000

Notes | Mondelez International Holdings Netherlands BV

Debt Instrument [Line Items]

Deferred debt issuance costs

$ 20,000,000

$ 20,000,000

Debt instrument, principal amount

$ 3,750,000,000

Net proceeds from issuance of notes

$ 3,730,000,000

1.625% Notes Due on October 28, 2019 | Mondelez International Holdings Netherlands BV

Debt Instrument [Line Items]

Debt instrument maturity Year

Oct. 28, 2019

Debt instrument, principal amount

$ 1,750,000,000

Debt instrument interest rate

1.625%

Floating Rate Notes Due on October 28, 2019 | Mondelez International Holdings Netherlands BV

Debt Instrument [Line Items]

Debt instrument maturity Year

Oct. 28, 2019

Debt instrument, principal amount

$ 500,000,000

2.0% Notes Due on October 28, 2021 | Mondelez International Holdings Netherlands BV

Debt Instrument [Line Items]

Debt instrument maturity Year

Oct. 28, 2021

Debt instrument, principal amount

$ 1,500,000,000

Debt instrument interest rate

2.00%

0.080% Fixed Rate Notes, mature on January 26, 2018

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

0.08%

0.08%

Debt instrument maturity Year

Jan. 26, 2018

Debt instrument, principal amount

$ 249,000,000

SFr 250

0.650% Fixed Rate Notes, mature on July 26, 2022

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

0.65%

0.65%

Debt instrument maturity Year

Jul. 26, 2022

Debt instrument, principal amount

$ 150,000,000

SFr 150

0.625% Fixed Rate Notes, mature on October 6, 2020

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

0.625%

0.625%

Debt instrument maturity Year

Oct. 6, 2020

Debt instrument, principal amount

$ 138,000,000

SFr 135

1.125% Fixed Rate Notes, mature on December 21, 2023

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

1.125%

1.125%

Debt instrument maturity Year

Dec. 21, 2023

Debt instrument, principal amount

$ 272,000,000

SFr 265

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

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

0.00%

0.00%

Debt instrument maturity Year

Mar. 30, 2017

Debt instrument, principal amount

$ 180,000,000

SFr 175

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

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

0.625%

0.625%

Debt instrument maturity Year

Dec. 30, 2021

Debt instrument, principal amount

$ 308,000,000

SFr 300

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

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

1.125%

1.125%

Debt instrument maturity Year

Dec. 30, 2025

Debt instrument, principal amount

$ 206,000,000

SFr 200

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, fixed interest rate

1.00%

1.00%

1.00%

Debt instrument maturity Year

Mar. 7, 2022

Debt instrument, principal amount

$ 537,000,000

€ 500

1.625% Fixed rate notes due , March 8, 2027

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

1.625%

1.625%

1.625%

Debt instrument maturity Year

Mar. 8, 2027

Debt instrument, principal amount

$ 805,000,000

€ 750

2.375% Fixed rate notes, due March 6, 2035

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

2.375%

2.375%

2.375%

Debt instrument maturity Year

Mar. 6, 2035

Debt instrument, principal amount

$ 805,000,000

€ 750

3.875% Fixed rate notes, due March 6, 2045

Debt Instrument [Line Items]

Debt instrument, fixed interest rate

3.875%

3.875%

3.875%

Debt instrument maturity Year

Mar. 6, 2045

Debt instrument, principal amount

$ 667,000,000

£ 450

Long-Term Debt (Detail)

Long-Term Debt (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
U.S. Dollar notes	$ 8,812	$ 8,371
Notes payable	14,737
Capital leases and other obligations	9	12
Total	14,668	15,162
Less current portion of long-term debt	(1,451)	(605)
Long-term debt	13,217	14,557
Euro notes
Debt Instrument [Line Items]
Notes payable	3,980	4,305
Pound sterling notes
Debt Instrument [Line Items]
Notes payable	418	1,399
Swiss franc notes
Debt Instrument [Line Items]
Notes payable	$ 1,449	$ 1,075

Long-Term Debt (Parenthetical)

Long-Term Debt (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2016
Notes (USD)
Debt Instrument [Line Items]
Maturity date	2,040
Notes (USD) | Minimum
Debt Instrument [Line Items]
Debt instrument, effective interest rate	0.881%
Notes (USD) | Maximum
Debt Instrument [Line Items]
Debt instrument, effective interest rate	7.00%
Notes (USD) | Weighted Average
Debt Instrument [Line Items]
Debt instrument, effective interest rate	3.527%
Euro notes
Debt Instrument [Line Items]
Maturity date	2,035
Euro notes | Minimum
Debt Instrument [Line Items]
Debt instrument, effective interest rate	1.00%
Euro notes | Maximum
Debt Instrument [Line Items]
Debt instrument, effective interest rate	2.375%
Euro notes | Weighted Average
Debt Instrument [Line Items]
Debt instrument, effective interest rate	1.808%
Pound sterling notes
Debt Instrument [Line Items]
Maturity date	2,045
Pound sterling notes | Minimum
Debt Instrument [Line Items]
Debt instrument, effective interest rate	3.875%
Pound sterling notes | Maximum
Debt Instrument [Line Items]
Debt instrument, effective interest rate	7.25%
Pound sterling notes | Weighted Average
Debt Instrument [Line Items]
Debt instrument, effective interest rate	4.441%
Swiss franc notes
Debt Instrument [Line Items]
Maturity date	2,025
Swiss franc notes | Minimum
Debt Instrument [Line Items]
Debt instrument, effective interest rate	0.00%
Swiss franc notes | Maximum
Debt Instrument [Line Items]
Debt instrument, effective interest rate	1.125%
Swiss franc notes | Weighted Average
Debt Instrument [Line Items]
Debt instrument, effective interest rate	0.636%

Aggregate Maturities of Debt an

Aggregate Maturities of Debt and Capital Leases Based on Stated Contractual Maturities (Detail) $ in Millions	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
2,017	$ 1,451
2,018	1,144
2,019	2,650
2,020	658
2,021	3,260
Thereafter	5,574
Total	$ 14,737

Interest and Other Expense Net

Interest and Other Expense Net Within Results of Continuing Operations (Detail) - USD ($) $ in Millions	3 Months Ended						12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Interest expense, debt							$ 515	$ 609	$ 778
Loss on debt extinguishment and related expenses	$ 427		$ 40			$ 713	427	753	495
JDE coffee business transactions currency-related net gains		$ (97)		$ 29	$ (144)	551		(436)	(628)
Loss related to interest rate swaps						$ (34)	97	34
Other expense, net							76	53	43
Interest and other expense, net							$ 1,115	$ 1,013	$ 688

Fair Value of Derivative Instru

Fair Value of Derivative Instruments (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Asset Derivatives	$ 312	$ 243
Liability Derivatives	278	216
Derivatives Designated as Hedging Instruments
Derivatives, Fair Value [Line Items]
Asset Derivatives	144	69
Liability Derivatives	49	99
Derivatives Designated as Hedging Instruments | Currency exchange contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	19	20
Liability Derivatives	8	7
Derivatives Designated as Hedging Instruments | Commodity contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	17	37
Liability Derivatives	22	35
Derivatives Designated as Hedging Instruments | Interest rate contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	108	12
Liability Derivatives	19	57
Derivatives Not Designated as Hedging Instruments
Derivatives, Fair Value [Line Items]
Asset Derivatives	168	174
Liability Derivatives	229	117
Derivatives Not Designated as Hedging Instruments | Currency exchange contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	29	61
Liability Derivatives	43	33
Derivatives Not Designated as Hedging Instruments | Commodity contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	112	70
Liability Derivatives	167	56
Derivatives Not Designated as Hedging Instruments | Interest rate contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	27	43
Liability Derivatives	$ 19	$ 28

Derivative Instruments Fair Val

Derivative Instruments Fair Value and Measurement Inputs (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Derivative [Line Items]
Derivative fair value net asset (liability)	$ 34	$ 27
Currency exchange contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(3)	41
Commodity contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(60)	16
Interest rate contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	97	(30)
Quoted Prices In Active Markets For Identical Assets (Level 1)
Derivative [Line Items]
Derivative fair value net asset (liability)	(86)	29
Quoted Prices In Active Markets For Identical Assets (Level 1) | Commodity contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(86)	29
Significant Other Observable Inputs (Level 2)
Derivative [Line Items]
Derivative fair value net asset (liability)	120	(2)
Significant Other Observable Inputs (Level 2) | Currency exchange contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	(3)	41
Significant Other Observable Inputs (Level 2) | Commodity contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	26	(13)
Significant Other Observable Inputs (Level 2) | Interest rate contracts
Derivative [Line Items]
Derivative fair value net asset (liability)	$ 97	$ (30)

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended				12 Months Ended
	Mar. 31, 2016	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Loss related to interest rate swaps				$ 34,000,000	$ (97,000,000)	$ (34,000,000)
Unrealized gains recorded in earnings related to planned coffee business transactions	$ 97,000,000	$ (29,000,000)	$ 144,000,000	(551,000,000)		436,000,000	$ 628,000,000
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Hedged forecasted transactions					6 years 10 months
Interest rate contracts | Cash Flow Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Loss related to interest rate swaps	$ (97,000,000)			$ (34,000,000)
Interest rate contracts | Cash Flow Hedges | Maximum
Derivative Instruments, Gain (Loss) [Line Items]
Expected transfers of unrealized gains (losses) to earnings, within next 12 months					$ (2,000,000)
Commodity contracts
Derivative Instruments, Gain (Loss) [Line Items]
Hedged forecasted transactions					12 months
Commodity contracts | Cash Flow Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Expected transfers of unrealized gains (losses) to earnings, within next 12 months					$ (31,000,000)
Currency exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Hedged forecasted transactions					12 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					$ 10,000,000
Interest and other expense, net | Foreign Exchange Forward | Economic Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized gains recorded in earnings related to planned coffee business transactions						436,000,000	$ 628,000,000
Quoted Prices In Active Markets For Identical Assets (Level 1)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative liabilities after effects of netting						0
Quoted Prices In Active Markets For Identical Assets (Level 1) | Maximum
Derivative Instruments, Gain (Loss) [Line Items]
Derivative liabilities after effects of netting					2,000,000
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					48,000,000	52,000,000
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					133,000,000	22,000,000
Significant Other Observable Inputs (Level 2)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative assets after effects of netting					162,000,000	64,000,000
Derivative liabilities after effects of netting					$ 40,000,000	$ 101,000,000

Notional Values of Derivative I

Notional Values of Derivative Instruments (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Net investment hedge | Euro notes
Derivative [Line Items]
Notional Amount	$ 4,012	$ 4,345
Net investment hedge | Pound sterling notes
Derivative [Line Items]
Notional Amount	419	1,404
Net investment hedge | Swiss franc notes
Derivative [Line Items]
Notional Amount	1,447	1,073
Currency exchange contracts | Intercompany loans and forecasted interest payments
Derivative [Line Items]
Notional Amount	3,343	4,148
Currency exchange contracts | Forecasted transactions
Derivative [Line Items]
Notional Amount	1,452	1,094
Commodity contracts
Derivative [Line Items]
Notional Amount	837	732
Interest rate contracts
Derivative [Line Items]
Notional Amount	$ 6,365	$ 3,033

Schedule of Cash Flow Hedges Ef

Schedule of Cash Flow Hedges Effect on Accumulated Other Comprehensive Earnings / (Losses), Net of Taxes (Detail) - Cash Flow Hedges - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Accumulated gain / (loss) at beginning of period	$ (45)	$ (2)	$ 117
Transfer of realized losses / (gains) in fair value to earnings	53		(40)
Unrealized gain / (loss) in fair value	(129)	(43)	(79)
Accumulated gain / (loss) at end of period	$ (121)	$ (45)	$ (2)

Effects of Cash Flow Hedges (De

Effects of Cash Flow Hedges (Detail) - Cash Flow Hedges - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	$ (53)		$ 40
Gains / (losses) recognized in OCI	(129)	$ (43)	(79)
Currency exchange contracts | Forecasted transactions
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	(1)	83	26
Gains / (losses) recognized in OCI	8	40	82
Commodity contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	(4)	(52)	16
Gains / (losses) recognized in OCI	(34)	(35)	(2)
Gains / (losses) on ineffectiveness recognized in earnings	2	(4)	(10)
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) reclassified from AOCI into earnings	(48)	(31)	(2)
Gains / (losses) recognized in OCI	$ (103)	$ (48)	$ (159)

Fair Value Hedges (Detail)

Fair Value Hedges (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (loss) recognized in income on fair value of hedges	$ (6)	$ (1)	$ 13
Long-term Debt
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (loss) recognized in income on fair value of hedges	$ 6	$ 1	$ (13)

Economic Hedges (Detail)

Economic Hedges (Detail) - USD ($) $ in Millions	3 Months Ended				12 Months Ended
	Mar. 31, 2016	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings	$ 97	$ (29)	$ 144	$ (551)		$ 436	$ 628
Economic Hedging | Derivatives Not Designated as Hedging Instruments
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings					$ (138)	443	503
Economic Hedging | Derivatives Not Designated as Hedging Instruments | Commodity contracts | Cost of Sales
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings					(101)	(38)	(136)
Economic Hedging | Derivatives Not Designated as Hedging Instruments | Intercompany loans and forecasted interest payments | Currency exchange contracts | Interest and other expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings					21	29	4
Economic Hedging | Derivatives Not Designated as Hedging Instruments | Forecasted transactions | Currency exchange contracts | Interest and other expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings					11	435	610
Economic Hedging | Derivatives Not Designated as Hedging Instruments | Forecasted transactions | Currency exchange contracts | Cost of Sales
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings					(76)	29	29
Economic Hedging | Derivatives Not Designated as Hedging Instruments | Forecasted transactions | Currency exchange contracts | Selling, general and administrative expenses
Derivative Instruments, Gain (Loss) [Line Items]
Gain / (Loss) Recognized in Earnings					$ 7	$ (12)	$ (4)

Hedges of Net Investments in In

Hedges of Net Investments in International Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Euro notes
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) recognized in OCI	$ 73	$ 268	$ 328
Pound sterling notes
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) recognized in OCI	148	42	$ 39
Swiss franc notes
Derivative Instruments, Gain (Loss) [Line Items]
Gains / (losses) recognized in OCI	$ 12	$ 9

Benefit Plans - Additional Info

Benefit Plans - Additional Information (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Pension plans resulted in net pension liability	$ (1,882)		$ (1,882)	$ (2,145)
Plan assets related to certain insurance contracts	62		62	66
Expense for defined contribution plans			44	45	$ 46
Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year	4
Multiemployer Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Multiemployer pension plans			$ 25	$ 31	$ 32
Multiemployer Pension Plans | Minimum
Defined Benefit Plan Disclosure [Line Items]
Company's contribution of the total contribution of each plan			5.00%	5.00%	5.00%
Multiemployer Pension Plans | Bakery and Confectionery Union and Industry International Pension Fund
Defined Benefit Plan Disclosure [Line Items]
Multiemployer pension plans			$ 21	$ 27	$ 25
Percentage of surcharge on contribution			10.00%
Multiemployer Pension Plans | Multiemployer Plan, Individually Insignificant Multiemployer Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Multiemployer pension plans			$ 4	4	7
Multiemployer Plans, Postretirement Benefit | Multiemployer Medical Plans
Defined Benefit Plan Disclosure [Line Items]
Multiemployer pension plans			19	20	18
Non-recurring Contribution
Defined Benefit Plan Disclosure [Line Items]
Estimated future employer contributions			250
Coffee Business
Defined Benefit Plan Disclosure [Line Items]
Benefit plan liabilities divested				131
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Estimated from experience differences			202
Estimated prior service cost			1
Pension Plans | Change in Assumptions for Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost			(64)
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 9,531		9,531	9,267
Net periodic pension cost			$ 81	$ 175	207
Allocation of pension plan asset	100.00%		100.00%	100.00%
Employer contribution			$ 403
Employer non-recurring contribution			100
Employees contribution			16
Estimated future employer contributions			$ 455
Non-U.S. Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Target Allocation on securities			34.00%
Allocation of pension plan asset	29.00%		29.00%	32.00%
Non-U.S. Pension Plans | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Target Allocation on securities			64.00%
Allocation of pension plan asset	57.00%		57.00%	50.00%
Non-U.S. Pension Plans | Other Plan Asset
Defined Benefit Plan Disclosure [Line Items]
Target Allocation on securities			2.00%
Non-U.S. Pension Plans | Largest Non U.S. Plan
Defined Benefit Plan Disclosure [Line Items]
Allocation of pension plan asset	63.00%		63.00%
Non-U.S. Pension Plans | Largest Non U.S. Plan | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Target Allocation on securities			24.00%
Non-U.S. Pension Plans | Largest Non U.S. Plan | Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Target Allocation on securities			21.00%
Non-U.S. Pension Plans | Largest Non U.S. Plan | Private Markets
Defined Benefit Plan Disclosure [Line Items]
Target Allocation on securities			6.00%
Non-U.S. Pension Plans | Largest Non U.S. Plan | Other Diversifying Assets
Defined Benefit Plan Disclosure [Line Items]
Target Allocation on securities			9.00%
Non-U.S. Pension Plans | Largest Non U.S. Plan | Liability Matching Assets
Defined Benefit Plan Disclosure [Line Items]
Target Allocation on securities			40.00%
Non-U.S. Pension Plans | Coffee Business
Defined Benefit Plan Disclosure [Line Items]
Deferred tax assets transferred				$ 24
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 1,540		$ 1,540	1,463
Net periodic pension cost			$ 95	$ 102	102
Allocation of pension plan asset	100.00%		100.00%	100.00%
Employer contribution			$ 378
Employer voluntary contribution			350
Estimated future employer contributions			$ 13
U.S. Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Allocation of pension plan asset	33.00%		33.00%	32.00%
U.S. Pension Plans | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Allocation of pension plan asset	63.00%		63.00%	65.00%
Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost			$ 22	$ 43	30
Estimated from experience differences			15
Estimated prior service cost			40
Current portion of our accrued postretirement benefit obligation	$ 12		12	11
Postretirement Benefit Plans | Change in Assumptions for Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost			(4)
U.S. And International Investment Grade Debt Securities | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Target Allocation on securities		95.00%
Postemployment Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost			$ 12	$ 12	$ 15
Weighted-average discount rate	6.20%		6.20%	6.20%
Ultimate annual turnover rate			0.30%	0.30%
Rate of compensation increase	4.00%		4.00%	4.00%

Projected Benefit Obligations,

Projected Benefit Obligations, Plan Assets and Funded Status of Pension Plans (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Accrued benefit obligation at January 1	$ 1,566	$ 1,606
Service cost	57	64	$ 57
Interest cost	61	67	67
Benefits paid	(32)	(35)
Settlements paid	(91)	(88)
Actuarial (gains) / losses	52	(49)
Other	1	1
Accrued benefit obligation at December 31	1,614	1,566	1,606
Fair value of plan assets at January 1	1,247	1,216
Actual return on plan assets	118	(71)
Contributions	378	225
Benefits paid	(32)	(35)
Settlements paid	(91)	(88)
Fair value of plan assets at December 31	1,620	1,247	1,216
Net pension assets (liability) at December 31	6	(319)
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Accrued benefit obligation at January 1	9,547	10,854
Service cost	147	188	184
Interest cost	229	307	388
Benefits paid	(425)	(435)
Settlements paid		1
Actuarial (gains) / losses	1,284	(262)
Deconsolidation of JDE coffee business	(5)	(261)
Divestiture	(5)	(261)
Currency	(979)	(766)
Other	16	(79)
Accrued benefit obligation at December 31	9,814	9,547	10,854
Fair value of plan assets at January 1	7,721	8,362
Actual return on plan assets	1,079	192
Contributions	419	318
Benefits paid	(425)	(435)
Deconsolidation of JDE coffee business	(4)	(130)
Divestiture	(4)	(130)
Currency	(863)	(579)
Other	(1)	(7)
Fair value of plan assets at December 31	7,926	7,721	$ 8,362
Net pension assets (liability) at December 31	$ (1,888)	$ (1,826)

Pension Plans Resulted in Net P

Pension Plans Resulted in Net Pension Liability (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Prepaid pension assets	$ 159	$ 69
Other accrued liabilities	(27)	(31)
Accrued pension costs	(2,014)	(2,183)
Total	(1,882)	(2,145)
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	96	1,566
Accumulated benefit obligation	88	1,463
Fair value of plan assets	2	1,247
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	8,386	8,139
Accumulated benefit obligation	8,168	7,920
Fair value of plan assets	$ 6,451	$ 6,252

Weighted-Average Assumptions to

Weighted-Average Assumptions to Determine Benefit Obligations (Detail) - Pension Plans	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.19%	4.50%
Expected rate of return on plan assets	6.25%	6.75%
Rate of compensation increase	4.00%	4.00%
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.31%	3.11%
Expected rate of return on plan assets	5.14%	5.87%
Rate of compensation increase	3.29%	3.18%

Components of Net Periodic Pens

Components of Net Periodic Pension Cost (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost		$ 57	$ 64	$ 57
Interest cost		61	67	67
Expected return on plan assets		(97)	(93)	(81)
Net loss from experience differences		42	43	29
Prior service cost	[1]	2	2	2
Settlement losses and other expenses	[2]	30	19	28
Net periodic benefit cost		95	102	102
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost		147	188	184
Interest cost		229	307	388
Expected return on plan assets		(418)	(478)	(485)
Net loss from experience differences		120	141	106
Prior service cost	[1]	(3)	15
Settlement losses and other expenses	[2]	6	2	14
Net periodic benefit cost		$ 81	$ 175	$ 207
[1]	For the year ended December 31, 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 - JDE Coffee Business Transactions, for more information.
[2]	Settlement losses include $15 million for the year ended December 31, 2016 and $9 million for the year ended December 31, 2015 of pension settlement losses for employees who elected lump-sum payments in connection with our 2014-2018 Restructuring Program. Retired employees who elected lump-sum payments resulted in net settlement losses in 2016 of $15 million for our U.S. plans and $6 million for our non-U.S. plans and in 2015 of $10 million for our U.S. plans and $2 million for our non-U.S. plans. Employees who elected lump-sum payments in connection with our 2012-2014 Restructuring Program and cost saving initiatives and retired employees who elected lump-sum payments resulted in net settlement losses for our U.S. plans of $28 million in 2014. In addition, we incurred special termination benefit costs of $2 million in 2014 in the non-U.S. plans related to the 2012-2014 Restructuring Program. See Note 6, Restructuring Programs, for more information. We recorded an additional $90 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 - JDE Coffee Business Transactions, for more information.

Components of Net Periodic Pe82

Components of Net Periodic Pension Cost (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Pension curtailment losses	$ 9
Severance and Related Costs
Defined Benefit Plan Disclosure [Line Items]
Pension curtailment losses		$ 17
Severance and Related Costs | 2014-2018 Restructuring Program
Defined Benefit Plan Disclosure [Line Items]
Settlement losses	15	9
Coffee Business
Defined Benefit Plan Disclosure [Line Items]
Settlement losses	90	90
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Settlement losses	15	10	$ 28
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Settlement losses	$ 6	$ 2
Special termination benefit			$ 2

Weighted-Average Assumptions 83

Weighted-Average Assumptions to Determine Net Periodic Pension Cost (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.50%	4.20%	5.10%
Expected rate of return on plan assets	6.75%	7.25%	7.75%
Rate of compensation increase	4.00%	4.00%	4.00%
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.11%	2.99%	4.03%
Expected rate of return on plan assets	5.87%	5.96%	6.17%
Rate of compensation increase	3.18%	3.26%	3.63%

Fair Value of Pension Plan Asse

Fair Value of Pension Plan Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	$ 6,817	$ 6,480
Investments measured at net asset value	2,667	2,422
Total investments at fair value	9,484	8,902
Pension Plans | U.S. Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1	2
Pension Plans | Non-U.S. Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	427	498
Pension Plans | Pooled Funds - Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,524	1,468
Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,952	1,968
Pension Plans | Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	3,009	1,770
Pension Plans | Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	756	575
Pension Plans | Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	852	1,686
Pension Plans | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	4,617	4,031
Pension Plans | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	170	339
Pension Plans | Private Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	2	2
Pension Plans | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	73	138
Pension Plans | Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	3	2
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,382	1,410
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | U.S. Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1	2
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Non-U.S. Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	427	412
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Pooled Funds - Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	286	275
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	714	689
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	37	35
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	103	118
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	357	320
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	497	473
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	98	109
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	72	138
Quoted Prices In Active Markets For Identical Assets (Level 1) | Pension Plans | Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1	1
Significant Other Observable Inputs (Level 2) | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	4,833	4,146
Significant Other Observable Inputs (Level 2) | Pension Plans | Non-U.S. Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets		86
Significant Other Observable Inputs (Level 2) | Pension Plans | Pooled Funds - Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,235	1,193
Significant Other Observable Inputs (Level 2) | Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1,235	1,279
Significant Other Observable Inputs (Level 2) | Pension Plans | Government Bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	2,972	1,735
Significant Other Observable Inputs (Level 2) | Pension Plans | Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	618	431
Significant Other Observable Inputs (Level 2) | Pension Plans | Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	(43)	701
Significant Other Observable Inputs (Level 2) | Pension Plans | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	3,547	2,867
Significant Other Observable Inputs (Level 2) | Pension Plans | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	50
Significant Other Observable Inputs (Level 2) | Pension Plans | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	1
Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	602	924	$ 2,207
Significant Unobservable Inputs (Level 3) | Non-U.S. Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	3
Significant Unobservable Inputs (Level 3) | Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	35	26	97
Significant Unobservable Inputs (Level 3) | Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	538	665	749
Significant Unobservable Inputs (Level 3) | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	22	230	292
Significant Unobservable Inputs (Level 3) | Private Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	4	3	$ 240
Significant Unobservable Inputs (Level 3) | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	602	924
Significant Unobservable Inputs (Level 3) | Pension Plans | Pooled Funds - Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	3
Significant Unobservable Inputs (Level 3) | Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	3
Significant Unobservable Inputs (Level 3) | Pension Plans | Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	35	26
Significant Unobservable Inputs (Level 3) | Pension Plans | Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	538	665
Significant Unobservable Inputs (Level 3) | Pension Plans | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	573	691
Significant Unobservable Inputs (Level 3) | Pension Plans | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	22	230
Significant Unobservable Inputs (Level 3) | Pension Plans | Private Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	2	2
Significant Unobservable Inputs (Level 3) | Pension Plans | Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of pension plan assets	$ 2	$ 1

Schedule of Changes in Level 3

Schedule of Changes in Level 3 Plan Assets (Detail) - Significant Unobservable Inputs (Level 3) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	$ 924	$ 2,207
Net Realized and Unrealized Gains/ (Losses)	27	52
Net Purchases, Issuances and Settlements	(210)	(312)
Net Transfers Into/(Out of) Level 3	(6)	(919)
Currency Impact	(133)	(104)
Fair value of plan assets at December 31	602	924
Non-U.S. Equity
Defined Benefit Plan Disclosure [Line Items]
Net Transfers Into/(Out of) Level 3	3
Fair value of plan assets at December 31	3
Pooled Funds - Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	26	97
Net Realized and Unrealized Gains/ (Losses)	6	(1)
Net Purchases, Issuances and Settlements	15	25
Net Transfers Into/(Out of) Level 3	(7)	(89)
Currency Impact	(5)	(6)
Fair value of plan assets at December 31	35	26
Corporate Bonds And Other Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	665	749
Net Realized and Unrealized Gains/ (Losses)	21	4
Net Purchases, Issuances and Settlements	(41)	(50)
Currency Impact	(107)	(38)
Fair value of plan assets at December 31	538	665
Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	230	292
Net Realized and Unrealized Gains/ (Losses)		19
Net Purchases, Issuances and Settlements	(184)	61
Net Transfers Into/(Out of) Level 3	(3)	(125)
Currency Impact	(21)	(17)
Fair value of plan assets at December 31	22	230
Hedge Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1		829
Net Realized and Unrealized Gains/ (Losses)		13
Net Purchases, Issuances and Settlements		(312)
Net Transfers Into/(Out of) Level 3		(499)
Currency Impact		(31)
Private Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at January 1	3	240
Net Realized and Unrealized Gains/ (Losses)		17
Net Purchases, Issuances and Settlements		(36)
Net Transfers Into/(Out of) Level 3	1	(206)
Currency Impact		(12)
Fair value of plan assets at December 31	$ 4	$ 3

Percentage of Fair Value of Pen

Percentage of Fair Value of Pension Plan Assets (Detail)	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	100.00%	100.00%
U.S. Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	33.00%	32.00%
U.S. Pension Plans | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	63.00%	65.00%
U.S. Pension Plans | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	4.00%	3.00%
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	100.00%	100.00%
Non-U.S. Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	29.00%	32.00%
Non-U.S. Pension Plans | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	57.00%	50.00%
Non-U.S. Pension Plans | Real Estate
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	5.00%	6.00%
Non-U.S. Pension Plans | Hedge Funds
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	6.00%	7.00%
Non-U.S. Pension Plans | Private Equity
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	2.00%	3.00%
Non-U.S. Pension Plans | Cash
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets	1.00%	1.00%
Non-U.S. Pension Plans | Other
Defined Benefit Plan Disclosure [Line Items]
Percentage of fair value pension plan assets		1.00%

Future Benefit payments for Pen

Future Benefit payments for Pension Plans (Detail) $ in Millions	Dec. 31, 2016USD ($)
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
2,017	$ 89
2,018	97
2,019	103
2,020	107
2,021	108
2022-2026	568
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
2,017	357
2,018	356
2,019	363
2,020	378
2,021	400
2022-2026	$ 2,138

Schedule of Individually Signif

Schedule of Individually Significant Multiemployer Pension Plan (Detail) - Multiemployer Pension Plans - Bakery and Confectionery Union and Industry International Pension Fund	12 Months Ended
	Dec. 31, 2016
Multiemployer Plans [Line Items]
Pension Fund	Bakery and Confectionery Union and Industry International Pension Fund
EIN / Pension Plan Number	526,118,572
Pension Protection Act Zone Status	Red
FIP / RP Status Pending / Implemented	Implemented
Surcharge Imposed	Yes
Expiration Date of Collective- Bargaining Agreements	Feb. 29, 2016

Benefit Obligation of Postretir

Benefit Obligation of Postretirement Benefit Plans (Detail) - Postretirement Benefit Plans - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Accrued benefit obligation at January 1		$ 511	$ 538
Service cost		12	15	$ 13
Interest cost		20	22	22
Benefits paid		(14)	(10)
Plan amendments	[1]	(149)
Currency		3	(22)
Assumption changes		34	(30)
Actuarial (gains) / losses		(23)	(2)
Accrued benefit obligation at December 31		$ 394	$ 511	$ 538
[1]	Plan amendments included a change in eligibility requirements related to medical and life insurance benefits and a change in benefits for Medicare-eligible participants.

Weighted-Average Assumptions 90

Weighted-Average Assumptions to Determine Postretirement Benefit Obligations (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
U.S. postretirement plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.14%	4.60%
Health care cost trend rate assumed for next year	6.50%	6.50%
Ultimate trend rate	5.00%	5.00%
Year that the rate reaches the ultimate trend rate	2,020	2,020
Foreign Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.55%	4.77%
Health care cost trend rate assumed for next year	5.50%	5.37%
Ultimate trend rate	5.68%	5.55%
Year that the rate reaches the ultimate trend rate	2,018	2,018

One-Percentage-Point Change in

One-Percentage-Point Change in Assumed Health Care Cost Trend Rates (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)
Defined Benefit Plan Disclosure [Line Items]
Effect on postretirement benefit obligation, Increase	$ 41
Effect on annual service and interest cost, Increase	3
Effect on postretirement benefit obligation, Decrease	(33)
Effect on annual service and interest cost, Decrease	$ (2)

Components of Net Periodic Post

Components of Net Periodic Postretirement Health Care Costs (Detail) - Postretirement Benefit Plans - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost		$ 12	$ 15	$ 13
Interest cost		20	22	22
Net loss from experience differences		10	13	5
Prior service credit	[1]	(20)	(7)	(10)
Net periodic benefit cost		$ 22	$ 43	$ 30
[1]	For the year ended December 31, 2016, amortization of prior service credit includes $9 million of curtailment gain related to a change in the eligibility requirement.

Components of Net Periodic Po93

Components of Net Periodic Postretirement Health Care Costs (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)
Defined Benefit Plan Disclosure [Line Items]
Pension curtailment gain	$ 9

Weighted-Average Assumptions 94

Weighted-Average Assumptions to Determine Net Periodic Postretirement Cost (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
U.S. postretirement plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.60%	4.20%	5.10%
Health care cost trend rate	6.50%	6.50%	7.00%
Foreign Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.77%	4.52%	5.17%
Health care cost trend rate	5.50%	5.18%	5.11%

Future Benefit Payments for Pos

Future Benefit Payments for Postretirement Health Care Plans (Detail) $ in Millions	Dec. 31, 2016USD ($)
U.S. postretirement plan
Defined Benefit Plan Disclosure [Line Items]
2,017	$ 8
2,018	10
2,019	11
2,020	12
2,021	13
2022-2026	80
Foreign Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
2,017	5
2,018	5
2,019	5
2,020	6
2,021	6
2022-2026	$ 34

Changes in Accumulated Postempl

Changes in Accumulated Postemployment Benefit Obligations (Detail) - Postemployment Benefit Plans - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Accrued benefit obligation at January 1	$ 95	$ 94
Service cost	7	7	$ 9
Interest cost	6	5	6
Benefits paid	(9)	(7)
Assumption changes	(21)	(3)
Actuarial gains	(7)	(1)
Accrued benefit obligation at December 31	$ 71	$ 95	$ 94

Components of Net Postemploymen

Components of Net Postemployment Costs (Detail) - Postemployment Benefit Plans - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 7	$ 7	$ 9
Interest cost	6	5	6
Amortization of net gains	(1)
Net periodic benefit cost	$ 12	$ 12	$ 15

Stock Plans - Additional Inform

Stock Plans - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unamortized compensation expense related to our stock options	$ 52
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	57	$ 50	$ 47
Deferred tax benefit related to compensation expense	$ 15	13	12
Unamortized compensation expense recognition period	1 year
Restricted, Deferred Stock Units And Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 83	86	94
Deferred tax benefit related to compensation expense	$ 22	$ 24	$ 26
Unamortized compensation expense recognition period	2 years
Unamortized compensation expense related to restricted and deferred stock	$ 111
Amended 2005 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares award expiration date	May 21, 2024
Shares authorized to be issued under stock option plan	243.7
Shares available to be granted	74.2

Weighted-Average Black-Scholes

Weighted-Average Black-Scholes Fair Value Assumptions (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-Free Interest Rate	1.40%	1.70%	1.87%
Expected Life (in years)	6 years	6 years	6 years
Expected Volatility	23.11%	18.51%	21.48%
Expected Dividend Yield	1.61%	1.61%	1.64%
Fair Value at Grant Date	$ 7.86	$ 6.12	$ 6.60

Stock Option Activity (Detail)

Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015		Dec. 31, 2014	Dec. 31, 2013
Shares subject to option
Beginning balance		57,034,108	56,431,551		55,783,439
Options granted		7,633,090	9,800,870		10,420,060
Options exercised	[1]	(8,883,101)	(6,444,515)		(8,076,550)
Options cancelled		(2,182,485)	(2,753,798)		(1,695,398)
Ending balance		53,601,612	57,034,108		56,431,551
Exercisable at end of the period		39,016,883
Weighted-average exercise price
Beginning balance		$ 26.12	$ 24.19		$ 21.96
Options granted		39.74	36.84		34.14
Options exercised	[1]	24.09	22.94		20.85
Options cancelled		35.23	32.35		27.65
Ending balance		28.02	$ 26.12		$ 24.19
Exercisable at end of the period		$ 24.43
Average remaining contractual term
Ending balance		6 years
Exercisable at end of the period (in years)		5 years
Aggregate intrinsic value
Aggregate intrinsic value		$ 874	$ 1,068	[2]	$ 685	$ 744
Options exercised	[1]	174	$ 108		$ 125
Exercisable at end of the period		$ 777
Annual grant to eligible employees
Shares subject to option
Options granted		7,517,290	8,899,530		9,919,810
Weighted-average exercise price
Options granted		$ 39.70	$ 36.94		$ 34.17
Additional options issued
Shares subject to option
Options granted		115,800	901,340		500,250
Weighted-average exercise price
Options granted		$ 42.26	$ 35.84		$ 33.65
[1]	Cash received from options exercised was $221 million in 2016, $148 million in 2015 and $168 million in 2014. The actual tax benefit realized for the tax deductions from the option exercises totaled $31 million in 2016, $58 million in 2015 and $29 million in 2014.
[2]	Prior-year aggregate intrinsic value has been revised.

Stock Option Activity (Parenthe

Stock Option Activity (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash received from options exercised	$ 221	$ 148	$ 168
Actual tax benefit realized for the tax deductions from the option exercises	$ 31	$ 58	$ 29

Deferred Stock Unit, Performanc

Deferred Stock Unit, Performance Share Unit, and Restricted Stock Activity (Detail) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Number of Shares
Beginning balance		9,418,216	10,582,640	11,648,587
Shares granted		3,312,141	3,939,162	4,070,313
Vested	[1]	(3,992,902)	(3,905,745)	(4,380,452)
Forfeited	[1]	(1,143,828)	(1,197,841)	(755,808)
Ending balance		7,593,627	9,418,216	10,582,640
Weighted-average grant date fair value per share
Beginning balance		$ 28	$ 28.56	$ 24.48
Shares granted		37.50	37.61	34.16
Vested	[1]	40.22	37.83	22.98
Forfeited	[1]	37.49	32.51	28.14
Ending balance		$ 24.29	$ 28	$ 28.56
Weighted-Average Aggregate Fair Value
Total shares granted		$ 124	$ 148	$ 139
Vested	[1]	$ 161	$ 148	$ 101
Annual grant to eligible employees
Grant date
Grant date		Feb. 22, 2016	Feb. 18, 2015	Feb. 19, 2014
Performance Share Units
Number of Shares
Shares granted		1,406,500	1,598,290	1,143,620
Weighted-average grant date fair value per share
Shares granted		$ 39.70	$ 36.94	$ 34.97
Restricted Stock
Number of Shares
Shares granted			386,910	750,410
Weighted-average grant date fair value per share
Shares granted			$ 36.94	$ 34.17
Deferred Stock Units
Number of Shares
Shares granted		1,040,790	866,640	1,240,820
Weighted-average grant date fair value per share
Shares granted		$ 39.70	$ 36.94	$ 34.17
Additional options issued
Number of Shares
Shares granted	[2]	864,851	1,087,322	935,463
Weighted-average grant date fair value per share
Shares granted	[2]	$ 31.29	$ 39.35	$ 33.15
[1]	Includes performance share units, deferred stock units and restricted stock. The actual tax benefit realized for the tax deductions from the shares vested totaled $18 million in 2016, $18 million in 2015 and $20 million in 2014.
[2]	Includes performance share units, deferred stock units and restricted stock.

Deferred Stock Unit, Perform103

Deferred Stock Unit, Performance Share Unit, and Restricted Stock Activity (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Actual tax benefit realized for the tax deductions from the shares vested	$ 18	$ 18	$ 20

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) - USD ($)	Jul. 29, 2015	Dec. 31, 2013	May 31, 2014	May 31, 2014	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Common stock, shares authorized					5,000,000,000	5,000,000,000
Preferred stock, shares authorized					500,000,000
Preferred stock, shares issued					0	0	0
Preferred stock, shares outstanding					0	0	0
Cost of shares repurchased					$ 2,601,000,000	$ 3,622,000,000	$ 1,891,000,000
Payments for shares repurchased					$ 2,601,000,000	$ 3,622,000,000	$ 1,700,000,000
Common Class A
Class of Stock [Line Items]
Common stock reserved for stock option and other stock awards					134,000,000
Stock repurchase expiration date					Dec. 31, 2016
Stock repurchase value		$ 7,700,000,000
Number of shares repurchased					61,972,713	91,875,878	51,931,864
Average cost of shares repurchased					$ 41.97	$ 39.43
Cost of shares repurchased					$ 2,600,000,000	$ 3,600,000,000
Stock repurchase remaining amount					2,800,000,000
Additional paid in capital treasury stock		$ 200,000,000	$ 200,000,000
Common Class A | Share Repurchase Program amended July 29, 2015
Class of Stock [Line Items]
Stock repurchase expiration date	Dec. 31, 2018
Stock repurchase value	$ 13,700,000,000
Increase in share repurchase value	$ 6,000,000,000
Common Class A | Accelerated Share Repurchase Program
Class of Stock [Line Items]
Number of shares repurchased		44,800,000	5,100,000	49,900,000
Cost of shares repurchased		$ 1,500,000,000	$ 200,000,000
Payments for shares repurchased		$ 1,700,000,000
Common Class A | Accelerated Share Repurchase Program | Weighted Average
Class of Stock [Line Items]
Accelerated share repurchases, average repurchase price per share				$ 34.10
Common Class A | Prior to January 1, 2016
Class of Stock [Line Items]
Stock repurchase value					$ 8,200,000,000

Authorized Common Stock Repurch

Authorized Common Stock Repurchase Programs (Detail) - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Common Stock, Shares Issued, Beginning Balance	1,996,537,778
Common Stock, Shares Issued, Ending Balance	1,996,537,778	1,996,537,778
Common Stock, Treasury Shares, Beginning Balance	(416,504,624)
Common Stock, Treasury Shares, Ending Balance	(468,172,237)	(416,504,624)
Common Class A
Class of Stock [Line Items]
Common Stock, Shares Issued, Beginning Balance	1,996,537,778	1,996,537,778	1,996,537,778
Exercise of stock options and issuance of other stock awards	0	0	0
Common Stock, Shares Issued, Ending Balance	1,996,537,778	1,996,537,778	1,996,537,778
Common Stock, Treasury Shares, Beginning Balance	(416,504,624)	(332,896,779)	(291,141,184)
Shares repurchased	(61,972,713)	(91,875,878)	(51,931,864)
Exercise of stock options and issuance of other stock awards	10,305,100	8,268,033	10,176,269
Common Stock, Treasury Shares, Ending Balance	(468,172,237)	(416,504,624)	(332,896,779)
Common Stock, Shares Outstanding, Beginning Balance	1,580,033,154	1,663,640,999	1,705,396,594
Shares repurchased	(61,972,713)	(91,875,878)	(51,931,864)
Exercise of stock options and issuance of other stock awards	10,305,100	8,268,033	10,176,269
Common Stock, Shares Outstanding, Ending Balance	1,528,365,541	1,580,033,154	1,663,640,999

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) ₨ in Billions	1 Months Ended	12 Months Ended
	Jan. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2016INR (₨)
Loss Contingencies [Line Items]
Rental expenses		$ 317,000,000	$ 331,000,000	$ 399,000,000
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		55,000,000			₨ 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		35,000,000			2.4
Indian Department of Central Excise Authority | Cadbury | Maximum
Loss Contingencies [Line Items]
Tax penalties and interest expense		$ 86,000,000			₨ 5.8
Subsequent Event
Loss Contingencies [Line Items]
Civil penalty payment	$ 13,000,000
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

Minimum Rental Commitments (Det

Minimum Rental Commitments (Detail) $ in Millions	Dec. 31, 2016USD ($)
Leases Future Minimum Payments [Line Items]
2,017	$ 241
2,018	175
2,019	143
2,020	115
2,021	90
Thereafter	157
Total	$ 921

Reclassifications from Accum108

Reclassifications from Accumulated Other Comprehensive Income - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net loss amounts reclassified from accumulated other comprehensive earnings / (losses) to net earnings (net of tax)	$ 250	$ 350	$ 79

Components of Accumulated Other

Components of Accumulated Other Comprehensive Earnings / (Losses) (Detail) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances					$ 28,100				$ 27,853	$ 28,100	$ 27,853	$ 32,532
Other comprehensive earnings / (losses)										(1,153)	(2,694)	(4,462)
Less: loss attributable to noncontrolling interests										(17)	(26)	(33)
Balances		$ 25,215				$ 28,100				25,215	28,100	27,853
Tax (expense) / benefit on reclassifications		(78)	$ 40	$ 118	49	(32)	$ (348)	$ (100)	(113)	(129)	(593)	(353)
Cost of sales										(15,795)	(18,124)	(21,647)
Interest rate contracts										(1,115)	(1,013)	(688)
Other comprehensive earnings / (losses) attributable to Mondelez International										(1,136)	(2,668)	(4,429)
Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances					(8,006)				(5,042)	(8,006)	(5,042)	(1,414)
Currency translation adjustments										(847)	(2,905)	(3,433)
Venezuela deconsolidation						99					99
Equity method investment exchange										57
Tax (expense) / benefit										(135)	(184)	(228)
Other comprehensive earnings / (losses)										(925)	(2,990)	(3,661)
Less: loss attributable to noncontrolling interests										17	26	33
Balances		(8,914)				(8,006)				(8,914)	(8,006)	(5,042)
Pension and Other Benefits
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances					(1,934)				(2,274)	(1,934)	(2,274)	(1,592)
Other comprehensive earnings / (losses)										(153)	340	(682)
Balances		(2,087)				(1,934)				(2,087)	(1,934)	(2,274)
Net actuarial gain / (loss) arising during period										(491)	(60)	(1,388)
Tax (expense) / benefit on net actuarial gain / (loss)										70	3	442
Currency impact										128	146	146
Derivative Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances					(46)				(2)	(46)	(2)	117
Other comprehensive earnings / (losses)										(75)	(44)	(119)
Balances		(121)				(46)				(121)	(46)	(2)
Net derivative gains / (losses)										(151)	(75)	(166)
Tax (expense) / benefit on net derivative gain / (loss)										20	30	86
Currency impact										3	1
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances					$ (9,986)				$ (7,318)	(9,986)	(7,318)	(2,889)
Other comprehensive earnings / (losses)										(1,136)	(2,668)	(4,429)
Balances		$ (11,122)				$ (9,986)				(11,122)	(9,986)	(7,318)
Reclassification out of Accumulated Other Comprehensive Income | Pension and Other Benefits
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amortization of experience losses and prior service costs	[1]									150	207	132
Settlement losses	[1]									36	111	42
Venezuela deconsolidation											2
Tax (expense) / benefit on reclassifications	[2]									(46)	(69)	(56)
Reclassification out of Accumulated Other Comprehensive Income | Derivative Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Tax (expense) / benefit on reclassifications	[2]									(42)	(21)	6
Reclassification out of Accumulated Other Comprehensive Income | Derivative Cash Flow Hedges | Currency exchange contracts | Forecasted transactions
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of sales	[3]									3	(90)	(27)
Reclassification out of Accumulated Other Comprehensive Income | Derivative Cash Flow Hedges | Commodity contracts
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of sales	[3]									9	64	(21)
Reclassification out of Accumulated Other Comprehensive Income | Derivative Cash Flow Hedges | Interest rate contracts
Accumulated Other Comprehensive Income (Loss) [Line Items]
Interest rate contracts	[4]									$ 83	$ 47	$ 3
[1]	These reclassified gains or losses are included in the components of net periodic benefit costs disclosed in Note 9, Benefit Plans. Settlement losses include the transfer of coffee business-related pension obligations in the amount of $90 million in 2015.
[2]	Taxes related to reclassified gains or losses are recorded within the provision for income taxes.
[3]	These reclassified gains or losses are recorded within cost of sales.
[4]	These reclassified gains or losses are recorded within interest and other expense, net.

Components of Accumulated Ot110

Components of Accumulated Other Comprehensive Earnings / (Losses) (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Coffee Business
Accumulated Other Comprehensive Income (Loss) [Line Items]
Settlement losses	$ 90	$ 90

Provision for Income Taxes (Det

Provision for Income Taxes (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Line Items]
United States									$ (364)	$ 43	$ (135)
Outside United States									1,818	7,841	2,689
Earnings before income taxes									1,454	7,884	2,554
United States federal current									(227)	(90)	(125)
United States federal deferred									141	136	28
Federal income tax									(86)	46	(97)
State and local current									7	6	20
State and local deferred									8	(3)	11
State and local taxes									15	3	31
Total United States									(71)	49	(66)
Outside United States current									490	707	644
Outside United States deferred									(290)	(163)	(225)
Total outside United States									200	544	419
Total provision for income taxes	$ 78	$ (40)	$ (118)	$ (49)	$ 32	$ 348	$ 100	$ 113	$ 129	$ 593	$ 353

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Jan. 01, 2016	Dec. 31, 2013
Income Tax Contingency [Line Items]
Impact on provision for income tax, out-of-period adjustments					$ 14	$ 31
Effective tax rate				8.90%	7.50%	13.80%
Total favorable discrete items				$ 161	$ 119	$ 206
Gains on coffee business transactions and divestitures	$ 313	$ (7,122)	$ (13)	9	$ 6,822
Effective tax rate, excluding the discrete items					17.80%
Loss carryforwards				3,517
Loss carryforwards, expire at various dates between 2016 and 2029				1,223
Loss carryforwards, indefinitely				2,294
Accumulated earnings of foreign subsidiaries				19,800
Unrecognized tax benefits	$ 756			610	$ 756	$ 852	$ 756	$ 1,189
Impact on tax provision from unrecognized tax benefits							652
Unrecognized tax benefits reasonably possible increase resulting from unfavorable audit developments				40
Unrecognized tax benefits reasonably possible decrease resulting from audit settlements and the expiration of statutes of limitations in various jurisdictions				160
Unrecognized tax benefits reasonably possible reductions due to audit settlements and expiration of statutes of limitations				549
Unrecognized tax benefits, income tax penalties and interest accrued				189			$ 185
Net benefit for interest and penalties				$ 15
Coffee Business
Income Tax Contingency [Line Items]
Gains on coffee business transactions and divestitures					6,809
Tax expense on gains from divestitures					184
Tax costs incurred to remit proceeds up from lower-tier foreign subsidiaries					$ 27

Effective Income Tax Rate (Deta

Effective Income Tax Rate (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax [Line Items]
U.S. federal statutory rate	35.00%	35.00%	35.00%
State and local income taxes, net of federal tax benefit excluding IRS audit impacts	0.80%	(0.10%)	0.30%
Foreign rate differences	(18.60%)	(2.50%)	(14.50%)
Reversal of other tax accruals no longer required	(7.70%)	(1.40%)	(10.50%)
Tax accrual on investment in Keurig	2.30%
Tax legislation	(4.00%)	(0.50%)
Gains on coffee business transactions and divestitures		(26.90%)
Loss on deconsolidation of Venezuela		3.50%
Remeasurement of net monetary assets in Venezuela			1.70%
Non-deductible expenses	0.90%	0.30%	1.50%
Other	0.20%	0.10%	0.30%
Effective tax rate	8.90%	7.50%	13.80%

Deferred Tax Assets and Liabili

Deferred Tax Assets and Liabilities Temporary Differences (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Deferred income tax assets:
Accrued postretirement and postemployment benefits	$ 214	$ 230
Accrued pension costs	370	414
Other employee benefits	237	265
Accrued expenses	379	343
Loss carryforwards	619	636
Other	331	352
Total deferred income tax assets	2,150	2,240
Valuation allowance	(310)	(303)
Net deferred income tax assets	1,840	1,937
Deferred income tax liabilities:
Intangible assets	(5,174)	(5,365)
Property, plant and equipment	(557)	(636)
Other	(472)	(409)
Total deferred income tax liabilities	(6,203)	(6,410)
Net deferred income tax liabilities	$ (4,363)	$ (4,473)

Change in Unrecognized Tax Bene

Change in Unrecognized Tax Benefit (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Contingency [Line Items]
Unrecognized tax benefits beginning balance	$ 756	$ 852	$ 1,189
Increases from positions taken during prior periods	18	34	143
Decreases from positions taken during prior periods	(123)	(74)	(247)
Increases from positions taken during the current period	90	84	147
Decreases relating to settlements with taxing authorities	(75)	(13)	(203)
Reductions resulting from the lapse of the applicable statute of limitations	(43)	(41)	(64)
Currency / other	(13)	(86)	(113)
Unrecognized tax benefits ending balance	$ 610	$ 756	$ 852

Basic and Diluted Earnings per

Basic and Diluted Earnings per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended																12 Months Ended
	Dec. 31, 2016		Sep. 30, 2016		Jun. 30, 2016		Mar. 31, 2016		Dec. 31, 2015		Sep. 30, 2015		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Line Items]
Net earnings	$ 93	[1]	$ 548	[1]	$ 471	[1]	$ 557	[1]	$ (716)	[2]	$ 7,268	[2]	$ 427	[2]	$ 312	[2]	$ 1,669	$ 7,291	$ 2,201
Noncontrolling interest					(7)		(3)		(13)		(2)		(21)		12		(10)	(24)	(17)
Net earnings attributable to Mondelez International	$ 93		$ 548		$ 464		$ 554		$ (729)		$ 7,266		$ 406		$ 324		$ 1,659	$ 7,267	$ 2,184
Weighted-average shares for basic EPS	1,540		1,557		1,557		1,569		1,589		1,609		1,625		1,648		1,556	1,618	1,691
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares	19		19		19		18		21		20		18		17		17	19	18
Weighted-average shares for diluted EPS	1,559		1,576		1,576		1,587		1,610		1,629		1,643		1,665		1,573	1,637	1,709
Basic earnings per share attributable to Mondelez International	$ 0.06		$ 0.35		$ 0.30		$ 0.35		$ (0.46)		$ 4.52		$ 0.25		$ 0.20		$ 1.07	$ 4.49	$ 1.29
Diluted earnings per share attributable to Mondel?z International:	$ 0.06		$ 0.35		$ 0.29		$ 0.35		$ (0.46)	[3]	$ 4.46	[3]	$ 0.25	[3]	$ 0.19	[3]	$ 1.05	$ 4.44	$ 1.28
[1]	See the following table for significant items that affected the comparability of earnings each quarter.
[2]	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 JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. As the after-tax equity method investment net earnings for the six months ended December 31, 2015 was less than $1 million, this line item is not shown on our consolidated statement of earnings. Pre-tax earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information. Equity method investment net earnings were lower in the third quarter of 2016 due to the JDE unfavorable tax expense disclosed in Note 2, Divestitures and Acquisitions - JDE Tax Matter Resolution.
[3]	In the fourth quarter of 2015, we recorded a net loss, primarily due to the loss on deconsolidation of Venezuela and coffee business transaction final sales price adjustment. In accordance with U.S. GAAP, due to the net loss in the quarter, diluted EPS was equal to basic EPS.

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Mondelez International stock options excluded from the calculation of diluted EPS	7.8	5.1	8.6

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail) $ in Millions

3 Months Ended

6 Months Ended

12 Months Ended

Dec. 31, 2016USD ($)

[1]

Sep. 30, 2016USD ($)

[1]

Jun. 30, 2016USD ($)

[1]

Mar. 31, 2016USD ($)

[1]

Dec. 31, 2015USD ($)

[2]

Sep. 30, 2015USD ($)

[2]

Dec. 31, 2015USD ($)

Jul. 02, 2015USD ($)

Dec. 31, 2016USD ($)Segment

Dec. 31, 2015USD ($)

Dec. 31, 2014USD ($)

Segment Reporting Information [Line Items]

Number of reportable operating segments | Segment

4

After-tax equity method investment net earnings

$ 83

$ 31

$ 102

$ 85

$ 72

$ (72)

$ 301

Operating income (loss)

2,569

$ 8,897

$ 3,242

Stock-based compensation expense

$ 140

136

141

Number of customers accounted for 10% or more of net revenue

No single customer accounted for 10% or more of our net revenues from continuing operations in 2016.

Corporate | Scenario, Adjustment

Segment Reporting Information [Line Items]

Stock-based compensation expense

32

Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Operating income (loss)

$ 506

389

530

North America Segment

Segment Reporting Information [Line Items]

Operating income (loss)

$ 1,078

1,105

922

North America Segment | Scenario, Previously Reported

Segment Reporting Information [Line Items]

Stock-based compensation expense

$ (32)

Customer Concentration Risk | Net Revenues | Five Largest Customers

Segment Reporting Information [Line Items]

Largest customer, percentage of net revenues

16.60%

Customer Concentration Risk | Net Revenues | Ten Largest Customers

Segment Reporting Information [Line Items]

Largest customer, percentage of net revenues

22.90%

Equity Method Investments

Segment Reporting Information [Line Items]

Operating income (loss)

$ 56

113

Equity Method Investments | Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Operating income (loss)

52

104

Equity Method Investments | North America Segment

Segment Reporting Information [Line Items]

Operating income (loss)

$ 4

$ 9

Maximum

Segment Reporting Information [Line Items]

After-tax equity method investment net earnings

$ 1

[1]

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 JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. As the after-tax equity method investment net earnings for the six months ended December 31, 2015 was less than $1 million, this line item is not shown on our consolidated statement of earnings. Pre-tax earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information. Equity method investment net earnings were lower in the third quarter of 2016 due to the JDE unfavorable tax expense disclosed in Note 2, Divestitures and Acquisitions - JDE Tax Matter Resolution.

[2]

See the following table for significant items that affected the comparability of earnings each quarter.

Net Revenues by Segment (Detail

Net Revenues by Segment (Detail) - USD ($) $ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Segment Reporting Information [Line Items]

Net revenues

$ 6,770

$ 6,396

$ 6,302

$ 6,455

$ 7,364

$ 6,849

$ 7,661

$ 7,762

$ 25,923

[1]

$ 29,636

[1]

$ 34,244

[1]

Latin America Segment

Segment Reporting Information [Line Items]

Net revenues

[1],[2]

3,392

4,988

5,153

Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

[3]

5,816

6,002

6,367

Europe Segment

Segment Reporting Information [Line Items]

Net revenues

[3]

9,755

11,672

[4]

15,788

[4]

North America Segment

Segment Reporting Information [Line Items]

Net revenues

$ 6,960

$ 6,974

$ 6,936

[1]

In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

[2]

Net revenues of $1,217 million for 2015 and $760 million for 2014 from our Venezuelan subsidiaries are included in our consolidated financial statements. Beginning in 2016, we account for our Venezuelan subsidiaries using the cost method of accounting and no longer include net revenues of our Venezuelan subsidiaries within our consolidated financial statements. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

[3]

On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segments. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions - JDE Coffee Business Transactions, for more information.

[4]

During 2016, we realigned some of our products across product categories primarily within our Europe segment and as such, we reclassified the product category net revenues on a basis consistent with the 2016 presentation.

Net Revenues by Segment (Parent

Net Revenues by Segment (Parenthetical) (Detail) - USD ($) $ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Segment Reporting Information [Line Items]

Net revenues

$ 6,770

$ 6,396

$ 6,302

$ 6,455

$ 7,364

$ 6,849

$ 7,661

$ 7,762

$ 25,923

[1]

$ 29,636

[1]

$ 34,244

[1]

Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

[2]

5,816

6,002

6,367

Europe Segment

Segment Reporting Information [Line Items]

Net revenues

[2]

$ 9,755

11,672

[3]

15,788

[3]

Coffee Business | Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

66

Coffee Business | Europe Segment

Segment Reporting Information [Line Items]

Net revenues

1,561

Venezuela

Segment Reporting Information [Line Items]

Net revenues

$ 1,217

$ 760

[1]

In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

[2]

On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segments. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions - JDE Coffee Business Transactions, for more information.

[3]

During 2016, we realigned some of our products across product categories primarily within our Europe segment and as such, we reclassified the product category net revenues on a basis consistent with the 2016 presentation.

Operating Income by Segment (De

Operating Income by Segment (Detail) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
General corporate expenses				$ (291)	$ (383)	$ (317)
Amortization of intangibles				(176)	(181)	(206)
Gains on divestitures and JDE coffee business transactions	$ 313	$ (7,122)	$ (13)	9	6,822
Loss on deconsolidation of Venezuela	$ (778)				(778)
Acquisition-related costs				(1)	(8)	(2)
Operating income (loss)				2,569	8,897	3,242
Interest and other expense, net				(1,115)	(1,013)	(688)
Earnings before income taxes				1,454	7,884	2,554
Cost of Sales
Segment Reporting Information [Line Items]
Unrealized (losses) / gains on hedging activities (mark-to-market impacts)				(94)	96	(112)
Latin America Segment
Segment Reporting Information [Line Items]
Operating income (loss)				271	485	475
Asia Middle East Africa Segment
Segment Reporting Information [Line Items]
Operating income (loss)				506	389	530
Europe Segment
Segment Reporting Information [Line Items]
Operating income (loss)				1,267	1,350	1,952
North America Segment
Segment Reporting Information [Line Items]
Operating income (loss)				$ 1,078	$ 1,105	$ 922

Total Assets by Segment (Detail

Total Assets by Segment (Detail) - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total assets		$ 61,538	$ 62,843	$ 66,771
Equity Method Investments
Segment Reporting Information [Line Items]
Total assets		5,585	5,387	662
Latin America Segment
Segment Reporting Information [Line Items]
Total assets		5,156	4,673	6,470
Asia Middle East Africa Segment
Segment Reporting Information [Line Items]
Total assets		10,031	10,460	10,549
Europe Segment
Segment Reporting Information [Line Items]
Total assets		19,934	21,026	27,240
North America Segment
Segment Reporting Information [Line Items]
Total assets		20,694	21,175	21,287
Unallocated Assets
Segment Reporting Information [Line Items]
Total assets	[1]	$ 138	$ 122	$ 563
[1]	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. We had debt issuance costs related to recognized debt liabilities of $40 million as of December 31, 2016, $46 million as of December 31, 2015 and $44 million as of December 31, 2014.

Total Assets by Segment (Parent

Total Assets by Segment (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Deferred debt issuance costs	$ 40	$ 46	$ 44

Depreciation Expense and Capita

Depreciation Expense and Capital Expenditure by Segment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Depreciation expense	$ 647	$ 713	$ 853
Capital expenditures	1,224	1,514	1,642
Latin America Segment
Segment Reporting Information [Line Items]
Depreciation expense	92	94	118
Capital expenditures	321	354	460
Asia Middle East Africa Segment
Segment Reporting Information [Line Items]
Depreciation expense	161	155	154
Capital expenditures	349	381	451
Europe Segment
Segment Reporting Information [Line Items]
Depreciation expense	253	299	407
Capital expenditures	294	517	553
North America Segment
Segment Reporting Information [Line Items]
Depreciation expense	141	165	174
Capital expenditures	$ 260	$ 262	$ 178

Net Revenues by Geographic Segm

Net Revenues by Geographic Segment (Detail) - USD ($) $ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Segment Reporting Information [Line Items]

Net revenues

$ 6,770

$ 6,396

$ 6,302

$ 6,455

$ 7,364

$ 6,849

$ 7,661

$ 7,762

$ 25,923

[1]

$ 29,636

[1]

$ 34,244

[1]

United States

Segment Reporting Information [Line Items]

Net revenues

6,329

6,302

6,143

Other

Segment Reporting Information [Line Items]

Net revenues

$ 19,594

$ 23,334

$ 28,101

[1]

In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

Long-lived Assets by Geographic

Long-lived Assets by Geographic Segment (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total long-lived assets	$ 8,737	$ 8,789	$ 10,365
United States
Segment Reporting Information [Line Items]
Total long-lived assets	1,508	1,551	1,564
Other
Segment Reporting Information [Line Items]
Total long-lived assets	$ 7,229	$ 7,238	$ 8,801

Net Revenues by Consumer Sector

Net Revenues by Consumer Sector (Detail) - USD ($) $ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Segment Reporting Information [Line Items]

Net revenues

$ 6,770

$ 6,396

$ 6,302

$ 6,455

$ 7,364

$ 6,849

$ 7,661

$ 7,762

$ 25,923

[1]

$ 29,636

[1]

$ 34,244

[1]

Biscuits

Segment Reporting Information [Line Items]

Net revenues

[1]

10,590

11,393

11,509

Chocolate

Segment Reporting Information [Line Items]

Net revenues

[1]

7,739

8,074

9,420

Gum & Candy

Segment Reporting Information [Line Items]

Net revenues

[1]

3,947

4,258

4,660

Beverages

Segment Reporting Information [Line Items]

Net revenues

[1]

1,445

3,260

[2]

5,678

[2]

Cheese & Grocery

Segment Reporting Information [Line Items]

Net revenues

[1]

2,202

2,651

2,977

Latin America Segment

Segment Reporting Information [Line Items]

Net revenues

[1],[3]

3,392

4,988

5,153

Latin America Segment | Biscuits

Segment Reporting Information [Line Items]

Net revenues

[1]

734

1,605

1,322

Latin America Segment | Chocolate

Segment Reporting Information [Line Items]

Net revenues

[1]

743

840

1,054

Latin America Segment | Gum & Candy

Segment Reporting Information [Line Items]

Net revenues

[1]

938

1,091

1,176

Latin America Segment | Beverages

Segment Reporting Information [Line Items]

Net revenues

[1]

657

767

[2]

940

[2]

Latin America Segment | Cheese & Grocery

Segment Reporting Information [Line Items]

Net revenues

[1]

320

685

661

Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

[4]

5,816

6,002

6,367

Asia Middle East Africa Segment | Biscuits

Segment Reporting Information [Line Items]

Net revenues

1,588

1,539

1,442

Asia Middle East Africa Segment | Chocolate

Segment Reporting Information [Line Items]

Net revenues

1,901

1,928

2,073

Asia Middle East Africa Segment | Gum & Candy

Segment Reporting Information [Line Items]

Net revenues

953

1,003

1,098

Asia Middle East Africa Segment | Beverages

Segment Reporting Information [Line Items]

Net revenues

611

730

[2]

836

[2]

Asia Middle East Africa Segment | Cheese & Grocery

Segment Reporting Information [Line Items]

Net revenues

763

802

918

Europe Segment

Segment Reporting Information [Line Items]

Net revenues

[4]

9,755

11,672

[5]

15,788

[5]

Europe Segment | Biscuits

Segment Reporting Information [Line Items]

Net revenues

2,703

2,680

[5]

3,259

[5]

Europe Segment | Chocolate

Segment Reporting Information [Line Items]

Net revenues

4,840

5,050

[5]

5,997

[5]

Europe Segment | Gum & Candy

Segment Reporting Information [Line Items]

Net revenues

916

1,015

[5]

1,232

[5]

Europe Segment | Beverages

Segment Reporting Information [Line Items]

Net revenues

177

1,763

[2],[5]

3,902

[2],[5]

Europe Segment | Cheese & Grocery

Segment Reporting Information [Line Items]

Net revenues

1,119

1,164

[5]

1,398

[5]

North America Segment

Segment Reporting Information [Line Items]

Net revenues

6,960

6,974

6,936

North America Segment | Biscuits

Segment Reporting Information [Line Items]

Net revenues

5,565

5,569

5,486

North America Segment | Chocolate

Segment Reporting Information [Line Items]

Net revenues

255

256

296

North America Segment | Gum & Candy

Segment Reporting Information [Line Items]

Net revenues

$ 1,140

$ 1,149

$ 1,154

[1]

In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

[2]

On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segment beverage categories. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions - JDE Coffee Business Transactions, for more information.

[3]

Net revenues of $1,217 million for 2015 and $760 million for 2014 from our Venezuelan subsidiaries are included in our consolidated financial statements. Beginning in 2016, we account for our Venezuelan subsidiaries using the cost method of accounting and no longer include net revenues of our Venezuelan subsidiaries within our consolidated financial statements. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

[4]

On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segments. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions - JDE Coffee Business Transactions, for more information.

[5]

During 2016, we realigned some of our products across product categories primarily within our Europe segment and as such, we reclassified the product category net revenues on a basis consistent with the 2016 presentation.

Net Revenues by Consumer Sec128

Net Revenues by Consumer Sector (Parenthetical) (Detail) - USD ($) $ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Segment Reporting Information [Line Items]

Net revenues

$ 6,770

$ 6,396

$ 6,302

$ 6,455

$ 7,364

$ 6,849

$ 7,661

$ 7,762

$ 25,923

[1]

$ 29,636

[1]

$ 34,244

[1]

Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

[2]

5,816

6,002

6,367

Europe Segment

Segment Reporting Information [Line Items]

Net revenues

[2]

9,755

11,672

[3]

15,788

[3]

Coffee Business | Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

66

Coffee Business | Europe Segment

Segment Reporting Information [Line Items]

Net revenues

1,561

Venezuela

Segment Reporting Information [Line Items]

Net revenues

1,217

760

Biscuits

Segment Reporting Information [Line Items]

Net revenues

[1]

10,590

11,393

11,509

Biscuits | Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

1,588

1,539

1,442

Biscuits | Europe Segment

Segment Reporting Information [Line Items]

Net revenues

2,703

2,680

[3]

3,259

[3]

Biscuits | Venezuela

Segment Reporting Information [Line Items]

Net revenues

763

422

Gum & Candy

Segment Reporting Information [Line Items]

Net revenues

[1]

3,947

4,258

4,660

Gum & Candy | Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

953

1,003

1,098

Gum & Candy | Europe Segment

Segment Reporting Information [Line Items]

Net revenues

916

1,015

[3]

1,232

[3]

Gum & Candy | Venezuela

Segment Reporting Information [Line Items]

Net revenues

66

30

Beverages

Segment Reporting Information [Line Items]

Net revenues

[1]

1,445

3,260

[4]

5,678

[4]

Beverages | Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

611

730

[4]

836

[4]

Beverages | Europe Segment

Segment Reporting Information [Line Items]

Net revenues

177

1,763

[3],[4]

3,902

[3],[4]

Beverages | Venezuela

Segment Reporting Information [Line Items]

Net revenues

48

91

Cheese & Grocery

Segment Reporting Information [Line Items]

Net revenues

[1]

2,202

2,651

2,977

Cheese & Grocery | Asia Middle East Africa Segment

Segment Reporting Information [Line Items]

Net revenues

763

802

918

Cheese & Grocery | Europe Segment

Segment Reporting Information [Line Items]

Net revenues

$ 1,119

1,164

[3]

1,398

[3]

Cheese & Grocery | Venezuela

Segment Reporting Information [Line Items]

Net revenues

$ 340

$ 216

[1]

In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.

[2]

On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segments. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions - JDE Coffee Business Transactions, for more information.

[3]

During 2016, we realigned some of our products across product categories primarily within our Europe segment and as such, we reclassified the product category net revenues on a basis consistent with the 2016 presentation.

[4]

On July 2, 2015, we contributed our global coffee businesses primarily from our Europe and AMEA segment beverage categories. Net revenues of our global coffee business were $1,561 million in Europe and $66 million in AMEA for the year ended December 31, 2015. Refer to Note 2, Divestitures and Acquisitions - JDE Coffee Business Transactions, for more information.

Quarterly Financial Data (Detai

Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended																12 Months Ended
	Dec. 31, 2016		Sep. 30, 2016		Jun. 30, 2016		Mar. 31, 2016		Dec. 31, 2015		Sep. 30, 2015		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Quarterly Financial Data [Line Items]
Net revenues	$ 6,770		$ 6,396		$ 6,302		$ 6,455		$ 7,364		$ 6,849		$ 7,661		$ 7,762		$ 25,923	[1]	$ 29,636	[1]	$ 34,244	[1]
Gross profit	2,589		2,488		2,516		2,535		2,835		2,670		3,066		2,941		10,128		11,512		12,597
(Benefit) / provision for income taxes	78		(40)		(118)		(49)		32		348		100		113		129		593		353
Gain on equity method investment exchange							43										43
Equity method investment net (losses) / earnings	83	[2]	31	[2]	102	[2]	85	[2]	72	[3]	(72)	[3]					301
Net earnings / (loss)	93	[3]	548	[3]	471	[3]	557	[3]	(716)	[2]	7,268	[2]	427	[2]	312	[2]	1,669		7,291		2,201
Noncontrolling interest					(7)		(3)		(13)		(2)		(21)		12		(10)		(24)		(17)
Net earnings / (loss) attributable to Mondelz International	$ 93		$ 548		$ 464		$ 554		$ (729)		$ 7,266		$ 406		$ 324		$ 1,659		$ 7,267		$ 2,184
Weighted-average shares for basic EPS	1,540		1,557		1,557		1,569		1,589		1,609		1,625		1,648		1,556		1,618		1,691
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares	19		19		19		18		21		20		18		17		17		19		18
Weighted-average shares for diluted EPS	1,559		1,576		1,576		1,587		1,610		1,629		1,643		1,665		1,573		1,637		1,709
Basic EPS attributable to Mondelz International	$ 0.06		$ 0.35		$ 0.30		$ 0.35		$ (0.46)		$ 4.52		$ 0.25		$ 0.20		$ 1.07		$ 4.49		$ 1.29
Diluted EPS attributable to Mondelz International	0.06		0.35		0.29		0.35		(0.46)	[4]	4.46	[4]	0.25	[4]	0.19	[4]	1.05		4.44		1.28
Dividends declared	0.19		0.19		0.17		0.17		0.17		0.17		0.15		0.15		$ 0.72		$ 0.64		$ 0.58
Market price - high	46.40		46.36		45.75		44.45		47.42		48.58		41.81		37.88
Market price, low	$ 40.50		$ 41.96		$ 39.53		$ 35.88		$ 41.55		$ 38.91		$ 35.93		$ 33.97
[1]	In 2015 and 2014, our consolidated net revenues included Venezuela net revenues of $763 million in biscuits, $340 million in cheese & grocery, $66 million in gum & candy and $48 million in beverages and 2014 Venezuela net revenues of $422 million in biscuits, $216 million in cheese & grocery, $91 million in beverages and $30 million in gum & candy. Following the deconsolidation of our Venezuela operations at the end of 2015, in 2016 our consolidated net revenues no longer include the net revenues of our Venezuelan subsidiaries. Refer to Note 1, Summary of Significant Accounting Policies - Currency Translation and Highly Inflationary Accounting: Venezuela, for more information.
[2]	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 JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. As the after-tax equity method investment net earnings for the six months ended December 31, 2015 was less than $1 million, this line item is not shown on our consolidated statement of earnings. Pre-tax earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information. Equity method investment net earnings were lower in the third quarter of 2016 due to the JDE unfavorable tax expense disclosed in Note 2, Divestitures and Acquisitions - JDE Tax Matter Resolution.
[3]	See the following table for significant items that affected the comparability of earnings each quarter.
[4]	In the fourth quarter of 2015, we recorded a net loss, primarily due to the loss on deconsolidation of Venezuela and coffee business transaction final sales price adjustment. In accordance with U.S. GAAP, due to the net loss in the quarter, diluted EPS was equal to basic EPS.

Quarterly Financial Data (Paren

Quarterly Financial Data (Parenthetical) (Detail) - USD ($) $ in Millions

3 Months Ended

6 Months Ended

12 Months Ended

Dec. 31, 2016

[1]

Sep. 30, 2016

[1]

Jun. 30, 2016

[1]

Mar. 31, 2016

[1]

Dec. 31, 2015

[2]

Sep. 30, 2015

[2]

Dec. 31, 2015

Jul. 02, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Quarterly Financial Data [Line Items]

After-tax equity method investment net earnings

$ 83

$ 31

$ 102

$ 85

$ 72

$ (72)

$ 301

Operating income

$ 2,569

$ 8,897

$ 3,242

Maximum

Quarterly Financial Data [Line Items]

After-tax equity method investment net earnings

$ 1

Equity Method Investments

Quarterly Financial Data [Line Items]

Operating income

$ 56

$ 113

[1]

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 JDE earnings, we began to record the earnings from our equity method investments in after-tax equity method investment earnings outside of operating income. As the after-tax equity method investment net earnings for the six months ended December 31, 2015 was less than $1 million, this line item is not shown on our consolidated statement of earnings. Pre-tax earnings from equity method investments recorded within segment operating income were $56 million for the six months ended July 2, 2015. See Note 1, Summary of Significant Accounting Policies - Principles of Consolidation, for additional information. Equity method investment net earnings were lower in the third quarter of 2016 due to the JDE unfavorable tax expense disclosed in Note 2, Divestitures and Acquisitions - JDE Tax Matter Resolution.

[2]

See the following table for significant items that affected the comparability of earnings each quarter.

Pre-Tax (Charges) _ Gains in Ea

Pre-Tax (Charges) / Gains in Earnings from Continuing Operations (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Quarterly Financial Data [Line Items]
Asset impairment and exit costs	$ (342)	$ (190)	$ (166)	$ (154)	$ (355)	$ (155)	$ (231)	$ (160)	$ 852	$ 901	$ 692
Remeasurement of net monetary assets in Venezuela								(11)
Loss on deconsolidation of Venezuela					(778)					(778)
Gains / (loss) on JDE coffee business transactions and divestiture					(313)	7,122	13		(9)	(6,822)
JDE coffee business transactions currency- related net gain / (loss)				(97)		29	(144)	551		(436)	(628)
Loss related to interest rate swaps								(34)	97	34
Divestiture-related costs	(2)		(84)
Loss on early extinguishment of debt and related expenses	(427)				(40)			(713)	$ (427)	$ (753)	$ (495)
Pre-tax charges / (gains) in earnings from continuing operations	$ (771)	$ (190)	$ (250)	$ (251)	$ (1,486)	$ 6,996	$ (362)	$ (367)

Valuation and Qualifying Acc132

Valuation and Qualifying Accounts (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		$ 482	$ 516	$ 510
Addition Charged to Costs and Expenses		84	77	110
Charged to Other Accounts	[1]	(39)	(42)	(50)
Deductions	[2]	46	69	54
Balance at End of Period		481	482	516
Allowance for Trade Receivables
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		54	66	86
Addition Charged to Costs and Expenses		18	14	9
Charged to Other Accounts	[1]	(1)	(11)	(10)
Deductions	[2]	13	15	19
Balance at End of Period		58	54	66
Valuation Allowance for Other Current Receivables
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		109	91	73
Addition Charged to Costs and Expenses		(2)	12	39
Charged to Other Accounts	[1]	(13)	7	(13)
Deductions	[2]	1	1	8
Balance at End of Period		93	109	91
Valuation Allowance for Long Term Receivables
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		16	14	16
Addition Charged to Costs and Expenses		1	5	1
Charged to Other Accounts	[1]	3	(3)	(2)
Deductions	[2]			1
Balance at End of Period		20	16	14
Allowance for Deferred Taxes
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		303	345	335
Addition Charged to Costs and Expenses		67	46	61
Charged to Other Accounts	[1]	(28)	(35)	(25)
Deductions	[2]	32	53	26
Balance at End of Period		$ 310	$ 303	$ 345
[1]	Primarily related to divestitures, acquisitions and currency translation.
[2]	Represents charges for which allowances were created.