Investor Presentaiton
GAAP TO NON-GAAP RECONCILIATIONS
Mondelēz International, Inc. and Subsidiaries
Reported (GAAP)
Spin-Off Costs
2012-2014 Restructuring Program costs
Simplify to Grow Program
Intangible asset impairment charges
Mark-to-market (gains)/losses from derivatives
Integration Program and other acquisition integration costs.
Net benefit from indemnification resolution
Malware incident incremental expenses
Acquisition-related costs
Divestiture-related costs
Operating income from divestitures
Historical Venezuelan operations
Historical coffee business.
(Gains)/losses on acquisition and divestitures, net
Loss on deconsolidation of Venezuela
Gain on the JDE coffee business transactions
(Income)/costs associated with the JDE coffee business transactions
Gain on sale of intangible asset
Remeasurement of net monetary assets in Venezuela
Remeasurement of net monetary position
Impact of pension participation changes
Impacts from resolution of tax matters
CEO transition remuneration
Reclassification of equity method investment earnings
Rounding
Adjusted (Non-GAAP)
61
Operating Income to Adjusted Operating Income
(in millions of U.S. dollars) (Unaudited)
For the Twelve Months Ended
December 31, 2013
For the Twelve Months Ended
December 31, 2014
For the Twelve Months Ended
December 31, 2015
For the Twelve Months Ended
December 31, 2016
For the Twelve Months Ended
December 31, 2017
For the Twelve Months Ended
December 31, 2018
Net
Revenues
Operating
Income
Operating
Income
Margin
Net
Revenues
Operating
Income
Operating
Income
Margin
Net
Revenues
Operating
Income
Operating
Income
Margin
Net
Revenues
Operating
Income
Operating
Income
Margin
Net
Revenues
Operating
Income
Operating
Income
Margin
Net
Revenues
Operating
Income
Operating
Income
Margin
$ 35,299 $ 4,107
11.6 %
$
34,244 $ 3,332
9.7 %
$
29,636
$ 8,954
30.2 %
$ 25,923 $ 2,554
9.9%
$ 25,896 $ 3,462
13.4 %
$ 25,938
$ 3,312
12.8%
62
35
315
456
(4)
376
994
57
71
(43)
220
(336)
73
(56)
(4)
9
1,072
137
94
7
777
109
96
3
626
68
(141)
3
84
2
2
8
1
13
86
31
(1)
(1,006)
(198)
(831)
(204)
(695)
(182)
(653)
(153)
(270)
(61)
(795)
(192)
(760)
(175)
(1,217)
(281)
(3,904)
(729)
(3,776)
(670)
(1,627)
(357)
(30)
(13)
778
77
(6,809)
278
གྱེསྱི,,Ê
(15)
(186)
167
11
(209)
14
11
423
(15)
22
(101)
(104)
(51)
(1)
$ 29,594
$
3,131
10.6 %
$ 28.877
$
3,418
11.8 %
$ 26,097
$
3,350
12.8%
$ 25.270
$
3,773
14.9 %
$
25,626
$
4,119
16.1 %
$
25,938
$
4,321
16.7 %
Mondelēz
International
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