Stock Analysis on Net

Mondelēz International Inc. (NASDAQ:MDLZ)

Analysis of Reportable Segments 

Microsoft Excel

Segment Profit Margin

Mondelēz International Inc., profit margin by reportable segment

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Latin America 9.33% 7.63% 11.30% 12.80% 15.84%
Asia, Middle East and Africa (AMEA) 16.30% 14.30% 11.98% 12.25% 8.99%
Europe 18.75% 17.39% 17.37% 17.13% 17.15%
North America 16.51% 19.46% 20.41% 12.33% 16.48%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Segment profitability ratio Reportable segment The company
Segment profit margin Latin America Latin America segment profit margin ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021.
Asia, Middle East and Africa (AMEA) Asia, Middle East and Africa (AMEA) segment profit margin ratio improved from 2019 to 2020 and from 2020 to 2021.
Europe Europe segment profit margin ratio improved from 2019 to 2020 and from 2020 to 2021.
North America North America segment profit margin ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Segment Profit Margin: Latin America

Mondelēz International Inc.; Latin America; segment profit margin calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Segment operating income 261 189 341 410 565
Net revenues 2,797 2,477 3,018 3,202 3,566
Segment Profitability Ratio
Segment profit margin1 9.33% 7.63% 11.30% 12.80% 15.84%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment profit margin = 100 × Segment operating income ÷ Net revenues
= 100 × 261 ÷ 2,797 = 9.33%

Segment profitability ratio Reportable segment The company
Segment profit margin Latin America Latin America segment profit margin ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021.

Segment Profit Margin: Asia, Middle East and Africa (AMEA)

Mondelēz International Inc.; Asia, Middle East and Africa (AMEA); segment profit margin calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Segment operating income 1,054 821 691 702 516
Net revenues 6,465 5,740 5,770 5,729 5,739
Segment Profitability Ratio
Segment profit margin1 16.30% 14.30% 11.98% 12.25% 8.99%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment profit margin = 100 × Segment operating income ÷ Net revenues
= 100 × 1,054 ÷ 6,465 = 16.30%

Segment profitability ratio Reportable segment The company
Segment profit margin Asia, Middle East and Africa (AMEA) Asia, Middle East and Africa (AMEA) segment profit margin ratio improved from 2019 to 2020 and from 2020 to 2021.

Segment Profit Margin: Europe

Mondelēz International Inc.; Europe; segment profit margin calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Segment operating income 2,092 1,775 1,732 1,734 1,680
Net revenues 11,156 10,207 9,972 10,122 9,794
Segment Profitability Ratio
Segment profit margin1 18.75% 17.39% 17.37% 17.13% 17.15%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment profit margin = 100 × Segment operating income ÷ Net revenues
= 100 × 2,092 ÷ 11,156 = 18.75%

Segment profitability ratio Reportable segment The company
Segment profit margin Europe Europe segment profit margin ratio improved from 2019 to 2020 and from 2020 to 2021.

Segment Profit Margin: North America

Mondelēz International Inc.; North America; segment profit margin calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Segment operating income 1,371 1,587 1,451 849 1,120
Net revenues 8,302 8,157 7,108 6,885 6,797
Segment Profitability Ratio
Segment profit margin1 16.51% 19.46% 20.41% 12.33% 16.48%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment profit margin = 100 × Segment operating income ÷ Net revenues
= 100 × 1,371 ÷ 8,302 = 16.51%

Segment profitability ratio Reportable segment The company
Segment profit margin North America North America segment profit margin ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Segment Return on Assets (Segment ROA)

Mondelēz International Inc., ROA by reportable segment

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Latin America 6.36% 4.52% 7.23% 8.73% 11.42%
Asia, Middle East and Africa (AMEA) 10.15% 8.21% 7.09% 7.33% 5.22%
Europe 10.00% 8.28% 8.51% 8.93% 7.77%
North America 5.88% 6.81% 6.71% 4.04% 5.41%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Segment profitability ratio Reportable segment The company
Segment ROA Latin America Latin America segment ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.
Asia, Middle East and Africa (AMEA) Asia, Middle East and Africa (AMEA) segment ROA improved from 2019 to 2020 and from 2020 to 2021.
Europe Europe segment ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
North America North America segment ROA improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021.

Segment ROA: Latin America

Mondelēz International Inc.; Latin America; segment ROA calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Segment operating income 261 189 341 410 565
Total assets 4,106 4,181 4,716 4,699 4,948
Segment Profitability Ratio
Segment ROA1 6.36% 4.52% 7.23% 8.73% 11.42%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment ROA = 100 × Segment operating income ÷ Total assets
= 100 × 261 ÷ 4,106 = 6.36%

Segment profitability ratio Reportable segment The company
Segment ROA Latin America Latin America segment ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Segment ROA: Asia, Middle East and Africa (AMEA)

Mondelēz International Inc.; Asia, Middle East and Africa (AMEA); segment ROA calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Segment operating income 1,054 821 691 702 516
Total assets 10,386 9,997 9,740 9,571 9,883
Segment Profitability Ratio
Segment ROA1 10.15% 8.21% 7.09% 7.33% 5.22%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment ROA = 100 × Segment operating income ÷ Total assets
= 100 × 1,054 ÷ 10,386 = 10.15%

Segment profitability ratio Reportable segment The company
Segment ROA Asia, Middle East and Africa (AMEA) Asia, Middle East and Africa (AMEA) segment ROA improved from 2019 to 2020 and from 2020 to 2021.

Segment ROA: Europe

Mondelēz International Inc.; Europe; segment ROA calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Segment operating income 2,092 1,775 1,732 1,734 1,680
Total assets 20,927 21,442 20,354 19,426 21,611
Segment Profitability Ratio
Segment ROA1 10.00% 8.28% 8.51% 8.93% 7.77%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment ROA = 100 × Segment operating income ÷ Total assets
= 100 × 2,092 ÷ 20,927 = 10.00%

Segment profitability ratio Reportable segment The company
Segment ROA Europe Europe segment ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Segment ROA: North America

Mondelēz International Inc.; North America; segment ROA calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Segment operating income 1,371 1,587 1,451 849 1,120
Total assets 23,321 23,297 21,637 21,015 20,709
Segment Profitability Ratio
Segment ROA1 5.88% 6.81% 6.71% 4.04% 5.41%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment ROA = 100 × Segment operating income ÷ Total assets
= 100 × 1,371 ÷ 23,321 = 5.88%

Segment profitability ratio Reportable segment The company
Segment ROA North America North America segment ROA improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021.

Segment Asset Turnover

Mondelēz International Inc., asset turnover by reportable segment

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Latin America 0.68 0.59 0.64 0.68 0.72
Asia, Middle East and Africa (AMEA) 0.62 0.57 0.59 0.60 0.58
Europe 0.53 0.48 0.49 0.52 0.45
North America 0.36 0.35 0.33 0.33 0.33

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Segment activity ratio Reportable segment The company
Segment asset turnover Latin America Latin America segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Asia, Middle East and Africa (AMEA) Asia, Middle East and Africa (AMEA) segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Europe Europe segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
North America North America segment asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021.

Segment Asset Turnover: Latin America

Mondelēz International Inc.; Latin America; segment asset turnover calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net revenues 2,797 2,477 3,018 3,202 3,566
Total assets 4,106 4,181 4,716 4,699 4,948
Segment Activity Ratio
Segment asset turnover1 0.68 0.59 0.64 0.68 0.72

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment asset turnover = Net revenues ÷ Total assets
= 2,797 ÷ 4,106 = 0.68

Segment activity ratio Reportable segment The company
Segment asset turnover Latin America Latin America segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Segment Asset Turnover: Asia, Middle East and Africa (AMEA)

Mondelēz International Inc.; Asia, Middle East and Africa (AMEA); segment asset turnover calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net revenues 6,465 5,740 5,770 5,729 5,739
Total assets 10,386 9,997 9,740 9,571 9,883
Segment Activity Ratio
Segment asset turnover1 0.62 0.57 0.59 0.60 0.58

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment asset turnover = Net revenues ÷ Total assets
= 6,465 ÷ 10,386 = 0.62

Segment activity ratio Reportable segment The company
Segment asset turnover Asia, Middle East and Africa (AMEA) Asia, Middle East and Africa (AMEA) segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Segment Asset Turnover: Europe

Mondelēz International Inc.; Europe; segment asset turnover calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net revenues 11,156 10,207 9,972 10,122 9,794
Total assets 20,927 21,442 20,354 19,426 21,611
Segment Activity Ratio
Segment asset turnover1 0.53 0.48 0.49 0.52 0.45

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment asset turnover = Net revenues ÷ Total assets
= 11,156 ÷ 20,927 = 0.53

Segment activity ratio Reportable segment The company
Segment asset turnover Europe Europe segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Segment Asset Turnover: North America

Mondelēz International Inc.; North America; segment asset turnover calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net revenues 8,302 8,157 7,108 6,885 6,797
Total assets 23,321 23,297 21,637 21,015 20,709
Segment Activity Ratio
Segment asset turnover1 0.36 0.35 0.33 0.33 0.33

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment asset turnover = Net revenues ÷ Total assets
= 8,302 ÷ 23,321 = 0.36

Segment activity ratio Reportable segment The company
Segment asset turnover North America North America segment asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021.

Segment Capital Expenditures to Depreciation

Mondelēz International Inc., capital expenditures to depreciation by reportable segment

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Latin America 1.57 2.17 1.88 2.69 2.11
Asia, Middle East and Africa (AMEA) 1.20 1.11 1.49 1.74 1.78
Europe 1.59 1.24 1.25 1.31 1.16
North America 1.24 1.12 1.36 1.76 1.70

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Latin America Latin America segment capital expenditures to depreciation ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021.
Asia, Middle East and Africa (AMEA) Asia, Middle East and Africa (AMEA) segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021.
Europe Europe segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
North America North America segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Segment Capital Expenditures to Depreciation: Latin America

Mondelēz International Inc.; Latin America; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Capital expenditures 165 219 197 261 226
Depreciation expense 105 101 105 97 107
Segment Financial Ratio
Segment capital expenditures to depreciation1 1.57 2.17 1.88 2.69 2.11

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation expense
= 165 ÷ 105 = 1.57

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Latin America Latin America segment capital expenditures to depreciation ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021.

Segment Capital Expenditures to Depreciation: Asia, Middle East and Africa (AMEA)

Mondelēz International Inc.; Asia, Middle East and Africa (AMEA); segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Capital expenditures 208 177 244 277 280
Depreciation expense 173 159 164 159 157
Segment Financial Ratio
Segment capital expenditures to depreciation1 1.20 1.11 1.49 1.74 1.78

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation expense
= 208 ÷ 173 = 1.20

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Asia, Middle East and Africa (AMEA) Asia, Middle East and Africa (AMEA) segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021.

Segment Capital Expenditures to Depreciation: Europe

Mondelēz International Inc.; Europe; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Capital expenditures 409 295 297 326 278
Depreciation expense 257 238 238 248 239
Segment Financial Ratio
Segment capital expenditures to depreciation1 1.59 1.24 1.25 1.31 1.16

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation expense
= 409 ÷ 257 = 1.59

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Europe Europe segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Segment Capital Expenditures to Depreciation: North America

Mondelēz International Inc.; North America; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Capital expenditures 183 172 187 231 230
Depreciation expense 148 154 138 131 135
Segment Financial Ratio
Segment capital expenditures to depreciation1 1.24 1.12 1.36 1.76 1.70

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation expense
= 183 ÷ 148 = 1.24

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation North America North America segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level.

Net revenues

Mondelēz International Inc., net revenues by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Latin America 2,797 2,477 3,018 3,202 3,566
Asia, Middle East and Africa (AMEA) 6,465 5,740 5,770 5,729 5,739
Europe 11,156 10,207 9,972 10,122 9,794
North America 8,302 8,157 7,108 6,885 6,797
Total 28,720 26,581 25,868 25,938 25,896

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


Segment operating income

Mondelēz International Inc., segment operating income by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Latin America 261 189 341 410 565
Asia, Middle East and Africa (AMEA) 1,054 821 691 702 516
Europe 2,092 1,775 1,732 1,734 1,680
North America 1,371 1,587 1,451 849 1,120
Total 4,778 4,372 4,215 3,695 3,881

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


Total assets

Mondelēz International Inc., total assets by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Latin America 4,106 4,181 4,716 4,699 4,948
Asia, Middle East and Africa (AMEA) 10,386 9,997 9,740 9,571 9,883
Europe 20,927 21,442 20,354 19,426 21,611
North America 23,321 23,297 21,637 21,015 20,709
Equity method investments 5,289 6,036 7,212 7,123 6,345
Unallocated assets and adjustments 3,063 2,857 890 895 (387)
Total 67,092 67,810 64,549 62,729 63,109

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


Depreciation expense

Mondelēz International Inc., depreciation expense by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Latin America 105 101 105 97 107
Asia, Middle East and Africa (AMEA) 173 159 164 159 157
Europe 257 238 238 248 239
North America 148 154 138 131 135
Total 683 652 645 635 638

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


Capital expenditures

Mondelēz International Inc., capital expenditures by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Latin America 165 219 197 261 226
Asia, Middle East and Africa (AMEA) 208 177 244 277 280
Europe 409 295 297 326 278
North America 183 172 187 231 230
Total 965 863 925 1,095 1,014

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).