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

Microsoft Excel
Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 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
Cash and cash equivalents 1,810 1,610 1,482 1,917 1,923 2,177 1,924 1,946 3,546 3,401 1,938 2,028 3,619 2,759 1,602 1,925 1,291 1,537 1,248 1,542
Trade receivables, net of allowances 3,634 3,498 2,934 3,502 3,088 2,819 2,467 2,943 2,337 2,673 2,226 2,655 2,297 2,491 1,979 2,628 2,212 2,492 2,179 2,781
Other receivables, net of allowances 878 793 851 810 819 684 715 749 851 656 687 660 657 565 631 670 715 683 712 755
Inventories, net 3,615 3,808 3,825 3,627 3,381 3,393 3,038 2,838 2,708 2,922 2,925 2,635 2,647 2,840 2,710 2,441 2,546 2,742 2,731 2,620
Other current assets 1,766 1,806 2,530 2,815 880 837 1,066 1,143 900 803 878 865 759 791 1,073 1,404 866 1,176 966 841
Current assets 11,703 11,515 11,622 12,671 10,091 9,910 9,210 9,619 10,342 10,455 8,654 8,843 9,979 9,446 7,995 9,068 7,630 8,630 7,836 8,539
Property, plant and equipment, net 9,694 9,142 9,308 9,131 9,020 8,632 8,753 9,015 8,658 8,668 8,857 8,766 9,026 8,533 8,365 8,054 8,733 8,316 8,550 8,520
Operating lease right-of-use assets 683 608 636 657 660 668 626 653 613 636 653 609 638 661 645 590 568 596 637 636
Goodwill 23,896 23,307 23,670 23,604 23,450 22,387 22,103 22,618 21,978 22,029 22,270 21,945 21,895 21,335 20,997 20,216 20,848 20,465 20,701 20,686
Intangible assets, net 19,836 19,475 19,839 19,810 19,710 19,313 18,339 18,829 18,291 18,413 18,691 18,527 18,482 18,056 17,877 17,271 17,957 17,642 17,943 17,958
Prepaid pension assets 1,043 1,106 1,108 1,065 1,016 1,078 1,141 1,046 1,009 838 802 742 672 654 586 537 516 136 136 138
Deferred income taxes 408 483 432 451 473 482 551 561 541 633 723 725 790 799 785 708 726 696 263 270
Equity method investments 3,242 3,051 3,245 3,397 4,879 4,498 4,655 5,255 5,289 5,269 5,586 5,916 6,036 6,488 6,659 6,887 7,212 7,040 7,095 7,004
Other assets 886 2,173 2,165 2,000 1,862 1,068 636 398 371 376 241 276 292 277 285 267 359 374 412 411
Noncurrent assets 59,688 59,345 60,403 60,115 61,070 58,126 56,804 58,375 56,750 56,862 57,823 57,506 57,831 56,803 56,199 54,530 56,919 55,265 55,737 55,623
Total assets 71,391 70,860 72,025 72,786 71,161 68,036 66,014 67,994 67,092 67,317 66,477 66,349 67,810 66,249 64,194 63,598 64,549 63,895 63,573 64,162

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 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).


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 Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 exceeding Q2 2023 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 decreased from Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 exceeding Q2 2023 level.
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 decreased from Q2 2023 to Q3 2023 but then slightly increased from Q3 2023 to Q4 2023.
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 decreased from Q2 2023 to Q3 2023 but then slightly increased from Q3 2023 to Q4 2023.

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 increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
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 increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
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 decreased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.