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Investor Presentaiton

63 63 GAAP TO NON-GAAP RECONCILIATIONS Net Cash Provided by Operating Activities to Free Cash Flow (in millions of U.S. dollars) (Unaudited) For the Twelve Months Ended December 31, 2015 2016 2017 2018 Mondelēz International, Inc. and Subsidiaries Net Cash Provided by Operating Activities (GAAP) $ 3,728 $ 2,838 $ 2,593 3,948 Capital Expenditures (1,514) (1,224) (1,014) (1,095) Free Cash Flow (Non-GAAP) $ 2,214 $ 1,614 $ 1,579 2,853 Mondelez. International SNACKING MADE RIGHT
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