Stock Analysis on Net

Mondelēz International Inc. (NASDAQ:MDLZ)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

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

Microsoft Excel
Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Short-term borrowings
Current portion of long-term debt
Accounts payable
Accrued marketing
Accrued employment costs
Other current liabilities
Current liabilities
Long-term debt, excluding current portion
Long-term operating lease liabilities
Deferred income taxes
Accrued pension costs
Accrued postretirement health care costs
Other liabilities
Noncurrent liabilities
Total liabilities
Common stock, no par value
Additional paid-in capital
Retained earnings
Accumulated other comprehensive losses
Treasury stock, at cost
Total Mondelēz International shareholders’ equity
Noncontrolling interest
Total equity
Total liabilities and equity

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).


The composition of liabilities and stockholders’ equity at the company exhibits several notable trends between 2021 and 2025. Overall, total liabilities increased as a percentage of total liabilities and equity, while total equity decreased over the same period. A closer examination of individual line items reveals the drivers behind these changes.

Short-Term Borrowings
Short-term borrowings demonstrate significant volatility. Initially low at 0.32% in 2021, they increased substantially to 3.23% in 2022 before decreasing to 0.10% in 2024. A sharp increase is then observed in 2025, reaching 3.76%. This suggests a fluctuating reliance on short-term financing.
Current Liabilities
Current liabilities consistently increased as a percentage of the total, rising from 20.88% in 2021 to 30.58% in 2025. This growth was primarily driven by increases in accounts payable and other current liabilities. Accounts payable increased steadily from 10.03% to 14.18%, while other current liabilities showed a similar upward trend, moving from 3.57% to 5.53%.
Long-Term Debt
Long-term debt, excluding the current portion, showed a decrease from 26.16% in 2021 to 22.87% in 2024, followed by a slight increase to 24.09% in 2025. This indicates a moderate reduction in long-term debt reliance, with a minor reversal in the most recent year. Long-term operating lease liabilities remained relatively stable, fluctuating between 0.68% and 0.91%.
Noncurrent Liabilities
Noncurrent liabilities generally decreased from 36.91% in 2021 to 32.10% in 2024, before increasing slightly to 33.20% in 2025. The decrease was influenced by declines in accrued pension and postretirement health care costs, which both experienced substantial reductions throughout the period.
Total Liabilities
Total liabilities increased from 57.78% in 2021 to 63.78% in 2025. This increase is attributable to the combined effect of rising current liabilities and a moderate increase in long-term debt towards the end of the period.
Stockholders’ Equity
Total stockholders’ equity decreased from 42.22% in 2021 to 36.22% in 2025. This decline is primarily driven by increases in treasury stock, which rose from -35.79% to -44.11%, and accumulated other comprehensive losses, which became more negative over time. Additional paid-in capital remained relatively stable, while retained earnings showed some fluctuation, peaking at 47.96% in 2023 before decreasing to 50.94% in 2025.

In summary, the company’s balance sheet shifted towards a greater reliance on liabilities and a reduction in equity over the five-year period. This trend is characterized by increasing current liabilities, fluctuating short-term borrowings, and a substantial increase in treasury stock offsetting gains in retained earnings.