Mondelēz International Inc., adjusted current assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current assets	11,703)	10,091)	10,342)	9,979)	7,630)
Adjustments
Add: Allowances for credit losses	116)	104)	86)	84)	79)
After Adjustment
Adjusted current assets	11,819)	10,195)	10,428)	10,063)	7,709)

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Mondelēz International Inc., adjusted total assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	71,391)	71,161)	67,092)	67,810)	64,549)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Allowances for credit losses	116)	104)	86)	84)	79)
Less: Deferred income tax assets²	408)	473)	541)	790)	726)
After Adjustment
Adjusted total assets	71,099)	70,792)	66,637)	67,104)	63,902)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred income tax assets. See details »

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Mondelēz International Inc., adjusted total liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total liabilities	43,025)	44,241)	38,769)	40,156)	37,198)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred income tax liabilities²	3,292)	3,437)	3,444)	3,346)	3,338)
Less: Restructuring Program liability	191)	164)	211)	304)	301)
After Adjustment
Adjusted total liabilities	39,542)	40,640)	35,114)	36,506)	33,559)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred income tax liabilities. See details »

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Mondelēz International Inc., adjusted total Mondelēz International shareholders’ equity

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total Mondelēz International shareholders’ equity	28,332)	26,883)	28,269)	27,578)	27,275)
Adjustments
Less: Net deferred income tax assets (liabilities)¹	(2,884)	(2,964)	(2,903)	(2,556)	(2,612)
Add: Allowances for credit losses	116)	104)	86)	84)	79)
Add: Restructuring Program liability	191)	164)	211)	304)	301)
Add: Noncontrolling interest	34)	37)	54)	76)	76)
After Adjustment
Adjusted total equity	31,557)	30,152)	31,523)	30,598)	30,343)

¹ Net deferred income tax assets (liabilities). See details »

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Mondelēz International Inc., adjusted capitalization table

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
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)
Long-term debt, excluding current portion	16,887)	20,251)	17,550)	17,276)	14,207)
Total reported debt	19,408)	22,933)	19,512)	20,046)	18,426)
Total Mondelēz International shareholders’ equity	28,332)	26,883)	28,269)	27,578)	27,275)
Total reported capital	47,740)	49,816)	47,781)	47,624)	45,701)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Current operating lease liabilities (included in Other current liabilities)²	165)	166)	174)	190)	178)
Add: Long-term operating lease liabilities³	537)	514)	459)	470)	403)
Adjusted total debt	20,110)	23,613)	20,145)	20,706)	19,007)
Adjustments to Equity
Less: Net deferred income tax assets (liabilities)⁴	(2,884)	(2,964)	(2,903)	(2,556)	(2,612)
Add: Allowances for credit losses	116)	104)	86)	84)	79)
Add: Restructuring Program liability	191)	164)	211)	304)	301)
Add: Noncontrolling interest	34)	37)	54)	76)	76)
Adjusted total equity	31,557)	30,152)	31,523)	30,598)	30,343)
After Adjustment
Adjusted total capital	51,667)	53,765)	51,668)	51,304)	49,350)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities (included in Other current liabilities). See details »

³ Long-term operating lease liabilities. See details »

⁴ Net deferred income tax assets (liabilities). See details »

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Mondelēz International Inc., adjusted net earnings attributable to Mondelēz International

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net earnings attributable to Mondelēz International	4,959)	2,717)	4,300)	3,555)	3,870)
Adjustments
Add: Deferred income tax expense (benefit)¹	(37)	(42)	205)	(70)	(631)
Add: Increase (decrease) in allowances for credit losses	12)	18)	2)	5)	(8)
Add: Increase (decrease) in restructuring Program liability	27)	(47)	(93)	3)	(72)
Add: Other comprehensive earnings (losses)	(4)	(337)	50)	(423)	370)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	4)	(5)	(2)	27)	13)
After Adjustment
Adjusted net earnings	4,961)	2,304)	4,462)	3,097)	3,542)

¹ Deferred income tax expense (benefit). See details »

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Mondelēz International Inc. (NASDAQ:MDLZ)

Adjustments to Financial Statements