Stock Analysis on Net

Mondelēz International Inc. (NASDAQ:MDLZ)

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Mondelēz International Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Short-term borrowings 420 2,299 216 29 2,638
Current portion of long-term debt 2,101 383 1,746 2,741 1,581
Accounts payable 8,321 7,562 6,730 6,209 5,853
Accrued marketing 2,683 2,370 2,097 2,130 1,836
Accrued employment costs 1,158 949 822 834 769
Other current liabilities 4,330 3,168 2,397 3,216 2,645
Current liabilities 19,013 16,731 14,008 15,159 15,322
Long-term debt, excluding current portion 16,887 20,251 17,550 17,276 14,207
Long-term operating lease liabilities 537 514 459 470 403
Deferred income taxes 3,292 3,437 3,444 3,346 3,338
Accrued pension costs 437 403 681 1,257 1,190
Accrued postretirement health care costs 124 217 301 346 387
Other liabilities 2,735 2,688 2,326 2,302 2,351
Noncurrent liabilities 24,012 27,510 24,761 24,997 21,876
Total liabilities 43,025 44,241 38,769 40,156 37,198
Common stock, no par value
Additional paid-in capital 32,216 32,143 32,097 32,070 32,019
Retained earnings 34,236 31,481 30,806 28,402 26,653
Accumulated other comprehensive losses (10,946) (10,947) (10,624) (10,690) (10,258)
Treasury stock, at cost (27,174) (25,794) (24,010) (22,204) (21,139)
Total Mondelēz International shareholders’ equity 28,332 26,883 28,269 27,578 27,275
Noncontrolling interest 34 37 54 76 76
Total equity 28,366 26,920 28,323 27,654 27,351
Total liabilities and equity 71,391 71,161 67,092 67,810 64,549

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Mondelēz International Inc. current liabilities increased from 2021 to 2022 and from 2022 to 2023.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Mondelēz International Inc. noncurrent liabilities increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Mondelēz International Inc. total liabilities increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Total Mondelēz International shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Mondelēz International Inc. total Mondelēz International shareholders’ equity decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.