Stock Analysis on Net

Mondelēz International Inc. (NASDAQ:MDLZ)

Balance Sheet: Assets
Quarterly Data

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.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Mondelēz International Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

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Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Cash and cash equivalents 3,401  1,938  2,028  3,619  2,759  1,602  1,925  1,291  1,537  1,248  1,542  1,100  1,373  1,246  1,130  761  844  1,397  1,307  1,741  1,686  1,755  1,338 
Trade receivables, net of allowances 2,673  2,226  2,655  2,297  2,491  1,979  2,628  2,212  2,492  2,179  2,781  2,262  2,732  2,416  3,113  2,691  2,981  2,395  3,035  2,611  3,019  2,796  3,101 
Other receivables, net of allowances 656  687  660  657  565  631  670  715  683  712  755  744  845  818  841  835  932  913  829  859  895  1,123  1,224 
Inventories, net 2,922  2,925  2,635  2,647  2,840  2,710  2,441  2,546  2,742  2,731  2,620  2,592  2,842  2,683  2,620  2,557  2,781  2,710  2,603  2,469  2,776  2,713  2,756 
Other current assets 803  878  865  759  791  1,073  1,404  866  1,176  966  841  906  930  1,039  666  676  617  778  641  800  479  592  590 
Current assets 10,455  8,654  8,843  9,979  9,446  7,995  9,068  7,630  8,630  7,836  8,539  7,604  8,722  8,202  8,370  7,520  8,155  8,193  8,415  8,480  8,855  8,979  9,009 
Property, plant and equipment, net 8,668  8,857  8,766  9,026  8,533  8,365  8,054  8,733  8,316  8,550  8,520  8,482  8,403  8,384  8,792  8,677  8,538  8,444  8,377  8,229  8,465  8,425  8,534 
Operating lease right of use assets 636  653  609  638  661  645  590  568  596  637  636  —  —  —  —  —  —  —  —  —  —  —  — 
Goodwill 22,029  22,270  21,945  21,895  21,335  20,997  20,216  20,848  20,465  20,701  20,686  20,725  20,900  21,002  21,301  21,085  21,071  20,915  20,515  20,276  20,751  20,741  20,977 
Intangible assets, net 18,413  18,691  18,527  18,482  18,056  17,877  17,271  17,957  17,642  17,943  17,958  18,002  18,136  18,362  18,810  18,639  18,638  18,514  18,297  18,101  18,721  18,781  19,094 
Prepaid pension assets 838  802  742  672  654  586  537  516  136  136  138  132  171  169  160  158  148  144  162  159  83  72  73 
Deferred income taxes 633  723  725  790  799  785  708  726  696  263  270  255  236  259  301  319  332  347  359  358  289  270  281 
Equity method investments 5,269  5,586  5,916  6,036  6,488  6,659  6,887  7,212  7,040  7,095  7,004  7,123  7,006  6,223  6,347  6,345  6,060  5,853  5,594  5,585  5,717  5,618  5,630 
Other assets 376  241  276  292  277  285  267  359  374  412  411  406  344  373  422  366  349  347  357  350  384  385  377 
Noncurrent assets 56,862  57,823  57,506  57,831  56,803  56,199  54,530  56,919  55,265  55,737  55,623  55,125  55,196  54,772  56,133  55,589  55,136  54,564  53,661  53,058  54,410  54,292  54,966 
Total assets 67,317  66,477  66,349  67,810  66,249  64,194  63,598  64,549  63,895  63,573  64,162  62,729  63,918  62,974  64,503  63,109  63,291  62,757  62,076  61,538  63,265  63,271  63,975 

Based on: 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Mondelēz International Inc. current assets decreased from Q1 2021 to Q2 2021 but then increased from Q2 2021 to Q3 2021 exceeding Q1 2021 level.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Mondelēz International Inc. property, plant and equipment, net increased from Q1 2021 to Q2 2021 but then decreased significantly from Q2 2021 to Q3 2021.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Mondelēz International Inc. noncurrent assets increased from Q1 2021 to Q2 2021 but then decreased significantly from Q2 2021 to Q3 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Mondelēz International Inc. total assets increased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Mondelēz International Inc. cash and cash equivalents decreased from Q1 2021 to Q2 2021 but then increased from Q2 2021 to Q3 2021 exceeding Q1 2021 level.
Trade receivables, net of allowances Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Mondelēz International Inc. trade receivables, net of allowances decreased from Q1 2021 to Q2 2021 but then increased from Q2 2021 to Q3 2021 exceeding Q1 2021 level.
Inventories, net Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Mondelēz International Inc. inventories, net increased from Q1 2021 to Q2 2021 but then slightly decreased from Q2 2021 to Q3 2021.