2024 Q3 Form 10-Q Financial Statement
#000110398224000092 Filed on July 30, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
Revenue | $9.204B | $8.343B | $9.314B |
YoY Change | 1.94% | -1.93% | 7.12% |
Cost Of Revenue | $6.205B | $5.546B | $5.844B |
YoY Change | 12.1% | 7.63% | 3.99% |
Gross Profit | $2.999B | $2.797B | $3.470B |
YoY Change | -14.17% | -16.61% | 12.85% |
Gross Profit Margin | 32.58% | 33.53% | 37.26% |
Selling, General & Admin | $1.630B | $1.891B | $2.221B |
YoY Change | -19.27% | 2.6% | 4.81% |
% of Gross Profit | 54.35% | 67.61% | 64.01% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $335.0M | $317.0M | $313.0M |
YoY Change | 8.41% | 9.31% | 8.68% |
% of Gross Profit | 11.17% | 11.33% | 9.02% |
Operating Expenses | $1.630B | $1.891B | $2.258B |
YoY Change | -19.27% | 0.59% | 4.78% |
Operating Profit | $1.153B | $854.0M | $1.212B |
YoY Change | -16.39% | -42.06% | 31.74% |
Interest Expense | -$129.0M | -$130.0M | -$118.0M |
YoY Change | -4.44% | -61.08% | 37.21% |
% of Operating Profit | -11.19% | -15.22% | -9.74% |
Other Income/Expense, Net | -$46.00M | -$32.00M | $88.00M |
YoY Change | -30.3% | -145.07% | 266.67% |
Pretax Income | $1.132B | $850.0M | $1.163B |
YoY Change | -14.95% | -26.79% | 50.65% |
Income Tax | $326.0M | $295.0M | $257.0M |
% Of Pretax Income | 28.8% | 34.71% | 22.1% |
Net Earnings | $853.0M | $601.0M | $950.0M |
YoY Change | -13.31% | -36.33% | 62.95% |
Net Earnings / Revenue | 9.27% | 7.2% | 10.2% |
Basic Earnings Per Share | $0.64 | $0.45 | |
Diluted Earnings Per Share | $0.63 | $0.45 | $0.70 |
COMMON SHARES | |||
Basic Shares Outstanding | 1.336B shares | 1.341B shares | 1.361B shares |
Diluted Shares Outstanding | 1.344B shares | 1.348B shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.517B | $1.471B | $1.810B |
YoY Change | -5.78% | -0.74% | -5.88% |
Cash & Equivalents | $1.573B | $1.471B | $1.884B |
Short-Term Investments | $0.00 | $0.00 | |
Other Short-Term Assets | $2.723B | $5.751B | $1.766B |
YoY Change | 50.78% | 127.31% | 100.68% |
Inventory | $4.270B | $4.009B | $3.615B |
Prepaid Expenses | |||
Receivables | $3.800B | $3.165B | $3.634B |
Other Receivables | $891.0M | $846.0M | $878.0M |
Total Short-Term Assets | $13.20B | $15.17B | $11.70B |
YoY Change | 14.64% | 30.53% | 15.97% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $10.47B | $10.12B | $10.38B |
YoY Change | 7.38% | 1.72% | 7.2% |
Goodwill | $23.77B | $23.39B | $23.90B |
YoY Change | 2.0% | -1.2% | 1.9% |
Intangibles | $19.46B | $19.40B | $19.84B |
YoY Change | -0.08% | -2.23% | 0.64% |
Long-Term Investments | $2.600B | $2.500B | $3.242B |
YoY Change | -16.13% | -22.96% | -33.55% |
Other Assets | $1.194B | $1.238B | $886.0M |
YoY Change | -45.05% | -66.59% | -52.42% |
Total Long-Term Assets | $58.99B | $57.93B | $59.69B |
YoY Change | -0.6% | -4.1% | -2.26% |
TOTAL ASSETS | |||
Total Short-Term Assets | $13.20B | $15.17B | $11.70B |
Total Long-Term Assets | $58.99B | $57.93B | $59.69B |
Total Assets | $72.19B | $73.10B | $71.39B |
YoY Change | 1.88% | 1.49% | 0.32% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $9.110B | $8.370B | $8.321B |
YoY Change | 18.96% | 8.14% | 10.04% |
Accrued Expenses | $3.626B | $3.301B | $3.841B |
YoY Change | -3.23% | -1.08% | 15.73% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.484B | $838.0M | $420.0M |
YoY Change | 21.54% | -61.52% | -81.73% |
Long-Term Debt Due | $1.821B | $2.774B | $2.101B |
YoY Change | -22.64% | 207.88% | 448.56% |
Total Short-Term Liabilities | $21.07B | $22.43B | $19.01B |
YoY Change | 11.29% | 24.6% | 13.64% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $16.50B | $16.14B | $16.89B |
YoY Change | 0.54% | -11.05% | -16.61% |
Other Long-Term Liabilities | $2.191B | $2.471B | $2.735B |
YoY Change | -11.62% | -32.71% | 1.75% |
Total Long-Term Liabilities | $2.191B | $2.471B | $2.735B |
YoY Change | -11.62% | -88.68% | 1.75% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $21.07B | $22.43B | $19.01B |
Total Long-Term Liabilities | $2.191B | $2.471B | $2.735B |
Total Liabilities | $44.30B | $45.38B | $43.03B |
YoY Change | 4.73% | 4.61% | -2.75% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $35.33B | $35.11B | $34.24B |
YoY Change | 4.33% | 4.93% | 8.75% |
Common Stock | $32.24B | $32.20B | $32.22B |
YoY Change | 0.2% | 0.16% | 0.23% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $27.85B | $27.69B | $28.33B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $72.19B | $73.10B | $71.39B |
YoY Change | 1.88% | 1.49% | 0.32% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $853.0M | $601.0M | $950.0M |
YoY Change | -13.31% | -36.33% | 62.95% |
Depreciation, Depletion And Amortization | $335.0M | $317.0M | $313.0M |
YoY Change | 8.41% | 9.31% | 8.68% |
Cash From Operating Activities | $1.305B | $822.0M | $1.564B |
YoY Change | 10.88% | -3.29% | 12.36% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $316.0M | $367.0M | $332.0M |
YoY Change | 10.88% | 34.93% | -216.49% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$7.000M | -$34.00M | $1.358B |
YoY Change | -100.85% | -103.84% | -213.83% |
Cash From Investing Activities | -$323.0M | -$401.0M | $1.026B |
YoY Change | -160.26% | -165.31% | -169.42% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -954.0M | -381.0M | -2.484B |
YoY Change | -37.85% | -78.62% | 1462.26% |
NET CHANGE | |||
Cash From Operating Activities | 1.305B | 822.0M | 1.564B |
Cash From Investing Activities | -323.0M | -401.0M | 1.026B |
Cash From Financing Activities | -954.0M | -381.0M | -2.484B |
Net Change In Cash | 28.00M | 40.00M | 106.0M |
YoY Change | -84.27% | -112.58% | -143.27% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.305B | $822.0M | $1.564B |
Capital Expenditures | $316.0M | $367.0M | $332.0M |
Free Cash Flow | $989.0M | $455.0M | $1.232B |
YoY Change | 10.87% | -21.28% | -26.54% |
Facts In Submission
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|
-612000000 | eur | |
us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
-665000000 | usd | |
us-gaap |
Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
|
0 | usd | |
CY2023Q2 | us-gaap |
Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
|
0 | usd |
CY2024Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
838000000 | usd |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
420000000 | usd |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
0 | usd | |
CY2023Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
0 | usd |
CY2024Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
130000000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
145000000 | usd |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
252000000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
298000000 | usd | |
CY2024Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2023Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1000000 | usd |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1000000 | usd | |
CY2024Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
98000000 | usd |
CY2023Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
49000000 | usd |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
152000000 | usd | |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
107000000 | usd | |
CY2024Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-32000000 | usd |
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-97000000 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-100000000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-192000000 | usd | |
CY2024Q2 | us-gaap |
Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
|
5500000000 | usd |
CY2024Q2 | us-gaap |
Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
|
4493000000 | usd |
CY2023Q4 | us-gaap |
Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
|
1597000000 | usd |
CY2023Q4 | us-gaap |
Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
|
1559000000 | usd |
CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
1007000000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
38000000 | usd |
CY2024Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
661000000 | usd |
CY2023Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
680000000 | usd |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
50700000 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
50700000 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
18678120 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
49.96 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
420000000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
2267960 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
73.12 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
2213764 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
43.09 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
67000000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
239408 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
59.98 | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
18492908 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
53.50 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
238000000 | usd |
CY2024Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
17000000 | usd |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
96000000 | usd | |
CY2024Q2 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
1000000 | usd |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
11000000 | usd | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
4553166 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
62.53 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
2351551 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
69.58 | ||
mdlz |
Weighted Average Grant Date Fair Value Stock Granted
WeightedAverageGrantDateFairValueStockGranted
|
164000000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
1972046 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
58.64 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
116000000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
214676 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
65.45 | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
4717995 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
67.54 | |
CY2024Q2 | mdlz |
Share Based Compensation Tax Benefit Realized From Stock Awards Vesting
ShareBasedCompensationTaxBenefitRealizedFromStockAwardsVesting
|
0 | usd |
mdlz |
Share Based Compensation Tax Benefit Realized From Stock Awards Vesting
ShareBasedCompensationTaxBenefitRealizedFromStockAwardsVesting
|
7000000 | usd | |
CY2024Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-2000000 | usd |
CY2023Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
11000000 | usd |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
21000000 | usd | |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
41000000 | usd | |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-385000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
96000000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-577000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
231000000 | usd | |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-2000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-8000000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-8000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-6000000 | usd | |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-383000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
104000000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-569000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
237000000 | usd | |
CY2024Q2 | mdlz |
Estimated Annual Effective Tax Rate From Continuing Operations
EstimatedAnnualEffectiveTaxRateFromContinuingOperations
|
0.278 | |
CY2024Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.347 | |
CY2024Q2 | mdlz |
Effective Income Tax Rate Reconciliation Excluding Tax Impacts Percent
EffectiveIncomeTaxRateReconciliationExcludingTaxImpactsPercent
|
0.285 | |
CY2024Q2 | mdlz |
Effective Income Tax Rate Reconciliation Excluding Tax Impacts Percent
EffectiveIncomeTaxRateReconciliationExcludingTaxImpactsPercent
|
0.285 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.262 | ||
mdlz |
Effective Income Tax Rate Reconciliation Excluding Tax Impacts Percent
EffectiveIncomeTaxRateReconciliationExcludingTaxImpactsPercent
|
0.272 | ||
mdlz |
Effective Income Tax Rate Reconciliation Excluding Tax Impacts Percent
EffectiveIncomeTaxRateReconciliationExcludingTaxImpactsPercent
|
0.272 | ||
CY2023Q2 | mdlz |
Estimated Annual Effective Tax Rate From Continuing Operations
EstimatedAnnualEffectiveTaxRateFromContinuingOperations
|
0.246 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.231 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.273 | ||
mdlz |
Effective Income Tax Rate Reconciliation Excluding Tax Impacts Percent
EffectiveIncomeTaxRateReconciliationExcludingTaxImpactsPercent
|
0.236 | ||
mdlz |
Effective Income Tax Rate Reconciliation Excluding Tax Impacts Percent
EffectiveIncomeTaxRateReconciliationExcludingTaxImpactsPercent
|
0.236 | ||
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
603000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
941000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
2019000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
3030000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-3000000 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
6000000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
601000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
944000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2013000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
3025000000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1343000000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1364000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1346000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1365000000 | shares | |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
5000000 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
8000000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
6000000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
7000000 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1348000000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1372000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1352000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1372000000 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.45 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.69 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.50 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.22 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.45 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.69 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.49 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.20 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
4 | segment | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
8343000000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
8507000000 | usd |
us-gaap |
Revenues
Revenues
|
17633000000 | usd | |
us-gaap |
Revenues
Revenues
|
17673000000 | usd | |
CY2024Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-571000000 | usd |
CY2023Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
171000000 | usd |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
553000000 | usd | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
220000000 | usd | |
CY2024Q2 | mdlz |
Segment Reporting General Corporate Expenses
SegmentReportingGeneralCorporateExpenses
|
67000000 | usd |
CY2023Q2 | mdlz |
Segment Reporting General Corporate Expenses
SegmentReportingGeneralCorporateExpenses
|
79000000 | usd |
mdlz |
Segment Reporting General Corporate Expenses
SegmentReportingGeneralCorporateExpenses
|
134000000 | usd | |
mdlz |
Segment Reporting General Corporate Expenses
SegmentReportingGeneralCorporateExpenses
|
156000000 | usd | |
CY2024Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
37000000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
37000000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
75000000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
76000000 | usd | |
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
854000000 | usd |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1425000000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3581000000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2930000000 | usd | |
CY2024Q2 | us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
-28000000 | usd |
CY2023Q2 | us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
-22000000 | usd |
us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
-51000000 | usd | |
us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
-41000000 | usd | |
CY2024Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-32000000 | usd |
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-97000000 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-100000000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-192000000 | usd | |
CY2024Q2 | us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
0 | usd |
CY2023Q2 | us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
-189000000 | usd |
us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
0 | usd | |
us-gaap |
Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
607000000 | usd | |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
850000000 | usd |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
1161000000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
3532000000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
3386000000 | usd | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
8343000000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
8507000000 | usd |
us-gaap |
Revenues
Revenues
|
17633000000 | usd | |
us-gaap |
Revenues
Revenues
|
17673000000 | usd | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |