Balance Sheet: Assets

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

US$ in millions

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash and cash equivalents	1,351)	1,810)	1,923)	3,546)	3,619)
Trade receivables, net of allowances	3,874)	3,634)	3,088)	2,337)	2,297)
Other receivables, net of allowances	937)	878)	819)	851)	657)
Inventories, net	3,827)	3,615)	3,381)	2,708)	2,647)
Other current assets	3,253)	1,766)	880)	900)	759)
Current assets	13,242)	11,703)	10,091)	10,342)	9,979)
Property, plant and equipment, net	9,481)	9,694)	9,020)	8,658)	9,026)
Operating lease right of use assets	767)	683)	660)	613)	638)
Goodwill	23,017)	23,896)	23,450)	21,978)	21,895)
Intangible assets, net	18,848)	19,836)	19,710)	18,291)	18,482)
Prepaid pension assets	987)	1,043)	1,016)	1,009)	672)
Deferred income taxes	333)	408)	473)	541)	790)
Equity method investments	635)	3,242)	4,879)	5,289)	6,036)
Other assets	1,187)	886)	1,862)	371)	292)
Noncurrent assets	55,255)	59,688)	61,070)	56,750)	57,831)
Total assets	68,497)	71,391)	71,161)	67,092)	67,810)

Based on: 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), 10-K (reporting date: 2020-12-31).

Cash and cash equivalents: The cash and cash equivalents show a decreasing trend over the five-year period. Starting at 3,619 million USD in 2020, the balance declines steadily each year, reaching 1,351 million USD by the end of 2024. This indicates a significant reduction in liquid assets.
Trade receivables, net of allowances: Trade receivables exhibit a consistent upward trend, growing from 2,297 million USD in 2020 to 3,874 million USD in 2024. This suggests increasing sales on credit or higher outstanding customer balances.
Other receivables, net of allowances: Other receivables display a moderate increase from 657 million USD in 2020 to 937 million USD in 2024, with slight fluctuations between years but an overall positive progression.
Inventories, net: Inventories show steady growth through the period, rising from 2,647 million USD in 2020 to 3,827 million USD in 2024, suggesting either expansion in stock levels or changes in inventory management policies.
Other current assets: There is a notable increase in other current assets, particularly from 880 million USD in 2022 to 3,253 million USD in 2024, reflecting possibly higher prepaid expenses or temporary assets.
Current assets: Overall current assets experience a growth trend from 9,979 million USD in 2020 to 13,242 million USD in 2024, driven mainly by increases in receivables, inventories, and other current assets, despite the decline in cash and cash equivalents.
Property, plant and equipment, net: The net value of property, plant and equipment remains relatively stable with minor fluctuations, starting at 9,026 million USD in 2020 and ending at 9,481 million USD in 2024, indicating steady investment or depreciation rates.
Operating lease right of use assets: This asset category gradually increases from 638 million USD in 2020 to 767 million USD in 2024, reflecting either new lease agreements or reassessments of existing leases.
Goodwill: Goodwill remains relatively stable but with slight fluctuations, peaking at 23,896 million USD in 2023 before decreasing to 23,017 million USD in 2024, indicating acquisitions or impairment adjustments.
Intangible assets, net: Intangible assets present a pattern similar to goodwill, with an initial dip, followed by an increase to 19,836 million USD in 2023, and a decline thereafter to 18,848 million USD in 2024, reflecting asset amortization or impairment.
Prepaid pension assets: Prepaid pension assets increase from 672 million USD in 2020 to a peak of 1,043 million USD in 2023, then slightly decrease to 987 million USD in 2024, suggesting changing pension funding status.
Deferred income taxes: Deferred income taxes show a steadily decreasing trend, falling from 790 million USD in 2020 to 333 million USD in 2024, indicating changes in tax timing differences or reduced tax liabilities.
Equity method investments: Equity method investments exhibit a sharp decline from 6,036 million USD in 2020 to 635 million USD in 2024, signifying possible divestitures or impairments.
Other assets: Other assets fluctuate substantially, increasing from 292 million USD in 2020 to 1,862 million USD in 2022, then dropping to 886 million USD in 2023, and finally rising to 1,187 million USD in 2024, indicating volatility in miscellaneous assets.
Noncurrent assets: The total noncurrent assets present variability, increasing from 57,831 million USD in 2020 to a peak of 61,070 million USD in 2022, before declining significantly to 55,255 million USD in 2024, driven by changes in goodwill, intangible assets, and equity investments.
Total assets: Total assets show minor fluctuations, starting at 67,810 million USD in 2020, peaking at 71,391 million USD in 2023, and then declining to 68,497 million USD in 2024, indicating relative overall stability but with underlying shifts in asset composition.

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Mondelēz International Inc. (NASDAQ:MDLZ)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items