MDLZ 10-Q Quarterly Reports

Mondelez International, Inc. (MDLZ) reported its financial results for the third quarter and the first nine months of 2025. For the third quarter, net revenues increased by 5.9% year-over-year to $9.7 billion, driven by higher net pricing and favorable currency impacts, partially offset by lower volume/mix. However, operating income saw a significant decrease of 35.5% to $744 million, and net earnings attributable to Mondelēz International fell 12.9% to $743 million. Diluted Earnings Per Share (EPS) decreased by 9.5% to $0.57. The nine-month period showed a similar trend with net revenues up 4.5% to $28.0 billion, but operating income declined sharply by 45.2% to $2.6 billion, and net earnings attributable to Mondelēz International dropped 37.7% to $1.8 billion. Diluted EPS for the nine months decreased by 35.4% to $1.37. The company cited higher input costs and unfavorable volume/mix as key detractors from profitability, despite strategic pricing initiatives. Despite the profit decline, the company continues to invest in growth, including the acquisition of Evirth in China, and maintain a strong liquidity position with a significant share repurchase program in place. Investors should monitor the impact of ongoing macroeconomic uncertainties and elevated commodity costs, particularly cocoa, on future profitability.

Mondelez International, Inc. (MDLZ) reported solid revenue growth for the second quarter and the first six months of 2025, driven by price increases and a strategic acquisition. Net revenues increased by 7.7% to $9.0 billion in the second quarter and 3.8% to $18.3 billion for the first six months. Organic Net Revenue, a non-GAAP measure excluding acquisitions, divestitures, and currency impacts, also showed healthy growth of 5.6% for the quarter and 4.3% year-to-date. This growth was primarily fueled by higher net pricing across most regions, partially offset by unfavorable volume/mix and increased input costs, particularly for cocoa. Despite revenue growth, the company experienced a significant decline in net earnings and diluted EPS for the six-month period, largely due to a substantial increase in mark-to-market losses on derivatives, higher input costs, and ERP system implementation costs. The second quarter showed a better trend with increased net earnings and diluted EPS year-over-year, benefiting from a favorable year-over-year change in derivative impacts and acquisition-related items. Investors should note the ongoing challenges from elevated commodity costs, especially cocoa, and the significant investments in the new ERP system, which are expected to impact profitability in the short term, even as the company focuses on long-term value creation.

Mondelez International, Inc. (MDLZ) reported its first-quarter 2025 results, with net revenues slightly increasing by 0.2% to $9.3 billion, while Organic Net Revenue (a non-GAAP measure) grew by a more robust 3.1% to $9.6 billion. This growth was primarily driven by higher net pricing, particularly in emerging markets, and the incremental revenue from the Evirth acquisition. However, the company experienced a significant 75.1% decline in operating income to $680 million and a 70.2% drop in diluted EPS to $0.31, largely due to unfavorable year-over-year changes in mark-to-market impacts from derivatives, increased input costs (especially cocoa), and the initiation of a new ERP System Implementation program. Despite the substantial decrease in reported earnings, Adjusted EPS (a non-GAAP measure) saw a less severe decline of 20.4% to $0.74, reflecting ongoing operational challenges and macroeconomic headwinds. The company continues to navigate volatile market conditions, including inflationary pressures and supply chain disruptions, with particular concern around elevated cocoa costs. Management remains focused on strategic priorities, including driving consumer-centric growth and operational excellence, while actively managing costs and supply chain resilience.

Mondelez International, Inc. reported mixed results for the nine months ended September 30, 2024. While net revenues saw a slight increase of 0.5% to $26.8 billion, this was driven primarily by price increases rather than volume growth, with Organic Net Revenue (excluding divestitures and currency impacts) growing a more robust 4.0%. Diluted Earnings Per Share (EPS) experienced a significant decline of 27.4% to $2.12, largely due to several one-time charges including a substantial impairment charge on an equity method investment in JDE Peet's, higher intangible asset impairment charges, and the impact of lapping prior-year gains from marketable securities and equity method investments. Despite the GAAP EPS decline, the company's Adjusted EPS, which excludes these one-time items, showed strong growth, increasing 19.1% to $2.80. This highlights the underlying operational strength and effective cost management. The company is also navigating significant macroeconomic challenges, including heightened commodity costs (particularly cocoa) and currency volatility. Management is focused on driving operational excellence and maintaining a leading position in the snacking market, with strategic priorities including consumer-centric growth and scaling sustainable snacking.

Mondelez International, Inc. (MDLZ) reported its financial results for the quarter ended June 30, 2024. While reported net revenues saw a slight decrease of 1.9% to $8.3 billion due to unfavorable currency movements and the divestiture of its developed market gum business, the company demonstrated underlying strength with an Organic Net Revenue increase of 2.5% to $8.6 billion, driven by higher net pricing. The company faced challenges with a significant 40.1% decrease in operating income, largely due to mark-to-market losses on derivatives and the lapping of prior-year gains. However, Adjusted Operating Income saw a healthy increase of 17.6% to $1.5 billion, indicating operational resilience. Diluted Earnings Per Share (EPS) attributable to Mondelēz International declined by 34.8% to $0.45, impacted by a substantial impairment charge on its JDE Peet’s investment and other one-time items. Conversely, Adjusted EPS, which excludes these extraordinary items, rose by a robust 19.4% to $0.86, reflecting the company's ability to manage core operational profitability. Investors should note the significant impact of currency fluctuations and the ongoing strategic management of the business, including cost control initiatives and pricing strategies, in navigating the current economic landscape.

Mondelez International, Inc. reported first-quarter 2024 results showing a 1.4% increase in net revenues to $9.3 billion, driven by higher net pricing and a short-term distributor agreement. Organic Net Revenue, a key non-GAAP metric, grew 4.2%, indicating underlying business growth. However, diluted Earnings Per Share (EPS) saw a significant decline of 31.6% to $1.04, primarily due to a substantial impairment charge on its JDE Peet's investment, along with lapping prior-year gains from marketable securities and equity method transactions. Despite the decrease in reported EPS, Adjusted EPS, which excludes one-time items and accounting adjustments, increased by 10.5% to $0.95 (16.3% on a constant currency basis), reflecting improved operational performance. The company continues to navigate macroeconomic uncertainties, including inflationary pressures and currency volatility, particularly the high cocoa costs, but maintains a positive outlook on driving long-term growth through its strategic priorities, with a continued focus on operational excellence and sustainable snacking.

Mondelez International, Inc. (MDLZ) reported strong top-line growth in its third quarter and first nine months of 2023, driven by a combination of higher net pricing, favorable volume/mix, and contributions from recent acquisitions (Ricolino and Clif Bar). Net revenues increased by 16.3% in the third quarter and 17.1% year-to-date. Organic Net Revenue, a key non-GAAP metric, also showed robust growth, indicating healthy underlying business performance. Profitability saw a significant year-over-year improvement, particularly in net earnings and diluted EPS, largely due to lapping prior-year acquisition-related costs and favorable mark-to-market impacts from derivatives. Adjusted EPS, which excludes one-time items, also demonstrated solid growth, reflecting the operational strength of the business. The company continues to navigate a challenging macroeconomic environment characterized by inflation and supply chain pressures, but its pricing strategies and operational efficiencies appear to be effectively mitigating these headwinds.

Mondelez International, Inc. (MDLZ) reported strong financial results for the second quarter and first six months of 2023, demonstrating resilience amidst ongoing macroeconomic uncertainties. Net revenues saw a significant increase, driven by robust pricing actions and contributions from recent acquisitions, partially offset by unfavorable currency movements. The company continues to focus on its strategic priorities of accelerating consumer-centric growth and driving operational excellence. Profitability metrics also showed improvement, with operating income and earnings per share (EPS) increasing year-over-year. The company highlighted the strength of its organic net revenue growth, reflecting sustained demand across its diverse snack portfolio. Despite inflationary pressures and supply chain challenges, Mondelez has effectively managed costs and implemented pricing strategies to maintain profitability. The company also provided an updated outlook, reaffirming its commitment to long-term value creation for shareholders.

Mondelēz International, Inc. reported a strong first quarter for 2023, with net revenues increasing by 18.1% to $9.2 billion, driven by robust organic net revenue growth of 19.4%. This growth was primarily attributed to higher net pricing across all regions and favorable volume/mix, reflecting continued consumer demand for snack products. The company also benefited from the recent acquisitions of Clif Bar and Ricolino, which contributed incremental revenues. Profitability saw a significant boost, with Net Earnings Attributable to Mondelēz International more than doubling to $2.1 billion, leading to a substantial increase in Diluted EPS to $1.52. This improvement was significantly influenced by a large mark-to-market gain on marketable securities and gains on equity method investments, alongside improved operational performance and lapping prior-year charges. The company maintained a solid liquidity position and remains focused on its strategic priorities for long-term value creation.

Mondelēz International, Inc. (MDLZ) reported its third-quarter and year-to-date results for the period ending September 29, 2022. The company demonstrated revenue growth, driven by a combination of higher net pricing and favorable volume/mix, with Organic Net Revenue increasing by 12.1% in Q3 and 11.2% year-to-date. This growth was achieved despite significant inflationary pressures, supply chain disruptions, and the ongoing impact of the war in Ukraine, which together increased operating costs. Despite top-line growth, net earnings attributable to Mondelēz International and diluted EPS saw a substantial decrease year-over-year for both the quarter and year-to-date periods. This decline was primarily attributed to a significant increase in acquisition-related costs (including integration costs and contingent consideration adjustments), intangible asset impairment charges, and other one-time expenses. However, Adjusted EPS, which excludes these items, showed an increase, indicating resilience in the core operational performance.

Mondelez International reported its second-quarter 2022 financial results, demonstrating resilience and strategic execution amidst a challenging macroeconomic environment. The company achieved robust net revenue growth of 9.5%, driven by a combination of higher pricing and favorable volume/mix, reflecting strong consumer demand for its snacking products across both developed and emerging markets. Despite significant headwinds from unfavorable currency translation and increased input costs, Mondelez International managed to grow its Adjusted Operating Income by 2.3% and Adjusted EPS by 1.5% (9.1% on a constant currency basis). The company also announced two significant acquisitions, Clif Bar & Company and Ricolino, underscoring its commitment to expanding its global snacking leadership. The war in Ukraine and ongoing inflationary pressures remain key concerns, impacting operational costs and supply chains, though the company has taken steps to mitigate these effects.

Mondelez International reported net revenues of $7.8 billion for the first quarter of 2022, a 7.3% increase year-over-year, driven by higher net pricing and favorable volume/mix, along with contributions from acquisitions. Organic Net Revenue, excluding currency impacts and acquisitions/divestitures, grew by a robust 8.6%, indicating strong underlying business performance. However, diluted Earnings Per Share (EPS) saw a decrease of 10.3% to $0.61, primarily impacted by incremental costs related to the war in Ukraine, unfavorable mark-to-market adjustments on derivatives, and intangible asset impairment charges. Despite the decline in reported EPS, Adjusted EPS rose by 6.3% to $0.84, reflecting the company's focus on core operational profitability.

Mondelez International, Inc. (MDLZ) reported solid financial results for the nine months ended September 30, 2021, demonstrating resilience and growth in a dynamic market environment. Net revenues increased by 9.2% to $21.1 billion, driven by a combination of higher net pricing, favorable volume/mix, and incremental revenues from strategic acquisitions. Organic Net Revenue, a key performance indicator excluding currency fluctuations and M&A impacts, grew by 5.1%, indicating strong underlying business performance. Profitability also saw significant improvement. Operating income surged by 27.6% to $3.4 billion, with a notable expansion in operating margin. Diluted Earnings Per Share (EPS) attributable to Mondelēz International increased by 40.4% to $2.33, reflecting effective cost management and strategic execution. The company is actively managing inflationary pressures by implementing pricing actions and focusing on operational efficiencies as part of its "Simplify to Grow" program, while also preparing for the anticipated closing of the Chipita S.A. acquisition in early 2022.

Mondelez International, Inc. reported strong financial results for the second quarter and the first half of 2021, demonstrating significant recovery and growth compared to the pandemic-impacted periods of 2020. Net revenues increased by 12.4% in the second quarter and 10.0% year-to-date, driven by a combination of organic growth, favorable currency movements, and strategic acquisitions. The company's focus on its snacking portfolio and operational excellence has paid off, with notable performance across developed and emerging markets. The company's profitability also saw substantial improvement. Diluted Earnings Per Share (EPS) more than doubled in the second quarter and increased by 61.8% year-to-date. Adjusted EPS also showed robust growth, indicating operational efficiency beyond one-time items. The strong performance was supported by higher net pricing, favorable volume/mix, and effective cost management, though partially offset by increased input costs. Management highlighted the company's continued commitment to its strategic priorities and its resilience in navigating the evolving global economic landscape.

Mondelez International, Inc. reported strong financial results for the first quarter of 2021, with net revenues increasing by 7.9% to $7.2 billion compared to the prior year. This growth was driven by a 3.8% increase in organic net revenue, reflecting higher net pricing and favorable volume/mix across its developed and emerging markets. Diluted Earnings Per Share (EPS) saw a significant rise of 33.3% to $0.68, bolstered by improved operating performance, favorable currency impacts, and a reduction in outstanding shares. The company also highlighted its strategic focus on accelerating consumer-centric growth and driving operational excellence. The acquisitions of Grenade and Hu Master Holdings in the first quarter of 2021 were noted as strategic moves to expand into premium nutrition and chocolate categories, respectively. Despite ongoing challenges related to the COVID-19 pandemic, particularly in travel retail and out-of-home consumption categories like gum and candy, Mondelez demonstrated resilience and effective management of its supply chain and costs.

Mondelez International, Inc. reported solid top-line growth in its third quarter and first nine months of 2020, driven by increased consumer demand for in-home consumption and higher net pricing, largely offsetting impacts from the COVID-19 pandemic. Net revenues increased by 4.9% to $6.7 billion in Q3 and 1.7% to $19.3 billion for the nine months ended September 30, 2020. Despite revenue growth, net earnings attributable to Mondelēz International decreased significantly due to various factors including lapping prior-year tax reform benefits, costs associated with equity method investment transactions, and higher intangible asset impairment charges. Diluted EPS saw a notable decline compared to the prior year. However, the company demonstrated resilience with an increase in Adjusted EPS for the nine-month period and a flat performance in Q3 on a constant currency basis, highlighting its focus on operational efficiency and underlying business performance. The company continues to navigate the complex global environment, including the ongoing impacts of COVID-19 and Brexit, while focusing on strategic priorities such as accelerating consumer-centric growth and driving operational excellence. Liquidity remains strong, supported by operating cash flows and available credit facilities.

Mondelez International, Inc. (MDLZ) reported second quarter 2020 results showing a net revenue decrease of 2.5% to $5.9 billion, largely impacted by unfavorable currency translation due to a stronger U.S. dollar and the prior year's divestiture of its cheese business. However, organic net revenue saw a modest increase of 0.7%, driven by higher net pricing, especially in developed markets like North America where increased in-home consumption due to COVID-19 boosted demand. Despite a decrease in reported operating income and net earnings, adjusted EPS saw a 12.5% increase, signaling resilience in core operations. The company continued to navigate the challenges posed by the COVID-19 pandemic, which led to mixed impacts across its business. While developed markets benefited from increased at-home consumption, emerging markets and specific categories like gum and candy faced headwinds from lockdowns and reduced out-of-home consumption. The acquisition of Give & Go in April 2020 contributed positively to net revenues, enhancing the company's position in the in-store bakery channel.

Mondelez International, Inc. reported net revenues of $6.7 billion for the first quarter ended March 31, 2020, a 2.6% increase year-over-year, driven by strong demand in developed markets, particularly North America, as consumers stocked up due to the COVID-19 pandemic. Organic Net Revenue grew by 6.4%. However, diluted Earnings Per Share (EPS) decreased by 17.5% to $0.52, primarily due to unfavorable mark-to-market impacts from derivatives, a loss on an interest rate swap, and currency translation headwinds. The company's liquidity position remains strong, with $1.9 billion in cash and cash equivalents and substantial available borrowing capacity under its credit facilities. Mondelez took proactive steps in response to COVID-19, including increasing cash on hand and securing additional credit facilities. The company is actively managing supply chain and operational impacts, while prioritizing employee safety and community support. Despite the challenges presented by the pandemic, Mondelez is focused on its long-term strategy. The acquisition of Give & Go for approximately $1.2 billion was completed shortly after the quarter's end, signaling continued strategic growth initiatives. While the near-term outlook is subject to COVID-19 related uncertainties, the company is working to mitigate impacts and maintain essential product supply.

Mondelez International, Inc. (MDLZ) reported its financial results for the nine months ended September 29, 2019. The company demonstrated solid top-line growth in its organic net revenue, which increased by 4.2% for both the third quarter and the nine-month period, driven by higher net pricing and favorable volume/mix. Diluted Earnings Per Share (EPS) saw a significant increase of 21.0% in Q3 and 25.0% for the nine months, largely influenced by a substantial benefit from Swiss tax reform and operating gains. Adjusted EPS, a non-GAAP measure, also showed positive growth. The company's financial performance was impacted by several factors, including unfavorable currency translation due to a strong U.S. dollar, the divestiture of its cheese business in the Middle East and Africa, and strategic acquisitions such as Perfect Snacks. Despite these headwinds, Mondelēz continues to focus on its "Simplify to Grow" program aimed at reducing operating costs. The company maintained a strong liquidity position and continued its share repurchase program and dividend payments, signaling confidence in its ongoing financial health and future prospects.

Mondelez International, Inc. (MDLZ) reported its second-quarter and first-half 2019 financial results, showing a net revenue decrease of 0.8% to $6.1 billion for the quarter and 2.2% to $12.6 billion for the first six months, primarily impacted by unfavorable currency translations and a divestiture of its cheese business in the Middle East and Africa. However, the company demonstrated resilience with an Organic Net Revenue increase of 4.6% for the quarter and 4.1% for the first six months, driven by higher net pricing and favorable volume/mix. Diluted Earnings Per Share (EPS) attributable to Mondelēz International saw a significant increase, up 161.9% to $0.55 for the quarter and 29.7% to $1.18 for the first six months, largely due to favorable year-over-year comparisons including lapping prior-year impacts and cost reductions. Adjusted EPS, a non-GAAP measure, also showed positive growth, increasing by 3.6% to $0.57 for the quarter and 4.3% to $1.22 for the first six months, with constant currency growth even stronger at 9.1% and 12.0% respectively. This highlights the company's focus on underlying operational performance despite macro-economic headwinds. The company continues to manage its costs effectively through its Simplify to Grow program and maintains a strong liquidity position, expecting sufficient resources to cover its obligations. Investors should note the ongoing impact of currency fluctuations and the company's strategic initiatives to drive profitable growth.

Mondelez International, Inc. reported net revenues of $6.538 billion for the first quarter of 2019, a decrease of 3.4% compared to the same period in the prior year, primarily due to unfavorable currency translation. However, on an organic basis, which excludes currency impacts and acquisitions/divestitures, net revenue grew by 3.7%, driven by higher net pricing and favorable volume/mix. Diluted Earnings Per Share (EPS) attributable to Mondelēz International decreased by 10.0% to $0.63. Despite the GAAP decline, Adjusted EPS (a non-GAAP measure) increased by 3.2% to $0.65, and on a constant currency basis, it grew by 12.7% to $0.71, reflecting operational improvements and lower shares outstanding. The company's strategic priorities for accelerating consumer-centric growth and driving operational excellence appear to be progressing, as indicated by the organic growth and adjusted EPS performance.

Mondelez International, Inc. (MDLZ) reported a net revenue decrease of 3.7% to $6.3 billion for the third quarter of 2018, compared to the same period in the prior year, primarily attributed to unfavorable currency translation and lapping the prior year's recovery from a malware incident. However, Organic Net Revenue, a non-GAAP measure, saw an increase of 1.2%, driven by higher net pricing. Diluted Earnings Per Share (EPS) saw a significant increase of 26.6% to $0.81, boosted by a substantial after-tax gain on the Keurig Dr Pepper (KDP) transaction and lower taxes. The nine-month period showed a net revenue increase of 1.2% to $19.2 billion, with Organic Net Revenue growing by 2.3%. Diluted EPS for the nine months rose 23.7% to $1.72. The company's liquidity remains strong, supported by operating cash flow and revolving credit facilities, enabling continued investment in capital expenditures and share repurchases. The company also announced an increased and extended restructuring program, "Simplify to Grow," aiming to reduce operating costs.

Mondelēz International, Inc. reported its second quarter and first six months of 2018 results, showing a mixed financial performance. For the second quarter, net revenues increased by 2.1% year-over-year to $6.1 billion, driven by organic growth and favorable currency impacts, although this was partially offset by divestitures. However, operating income saw a significant decline of 24.4% due to items such as pension participation changes and a substantial loss on debt extinguishment. Despite the operating income drop, adjusted EPS showed a healthy increase of 16.7% for the quarter, highlighting the company's focus on managing core operations. For the first six months of 2018, net revenues grew by 3.8% to $12.9 billion, with organic growth and favorable currency being key drivers. Operating income also increased by 16.7% for this period, reflecting improved performance over the longer term. Diluted EPS saw an increase of 15.1% for the six-month period, and adjusted EPS grew by 17.0%. The company also made a significant acquisition, Tate's Bake Shop, during the quarter, and is actively managing its cost structure through a restructuring program. Investors should note the impact of several non-recurring items on reported net earnings and EPS.

Mondelez International, Inc. reported a strong first quarter of 2018, with net revenues increasing by 5.5% to $6.8 billion, driven by favorable currency translation and underlying organic growth of 2.4%. Diluted Earnings Per Share (EPS) saw a significant increase of 51.2% to $0.62, benefiting from factors such as favorable mark-to-market impacts from derivatives, lower interest expenses, and share repurchases. Adjusted EPS also grew by 19.2% to $0.62, highlighting the company's focus on operational efficiency and profitability.

Mondelez International, Inc. (MDLZ) reported a solid performance for the third quarter of 2017, with net revenues increasing by 2.1% to $6.5 billion and diluted Earnings Per Share (EPS) rising by an impressive 85.7% to $0.65 compared to the prior year. This growth was driven by a combination of factors including favorable currency translation, the recovery from a second-quarter malware incident, and strategic pricing actions. The company also saw strong performance in its Power Brands and emerging markets. For the nine-month period, net revenues saw a slight decrease of 1.2% to $18.9 billion, primarily due to divestitures and unfavorable currency impacts. However, Organic Net Revenue grew by 0.3%, indicating underlying business strength. Diluted EPS for the nine months increased by 39.4% to $1.38, boosted by significant non-recurring benefits such as the resolution of a Brazilian indirect tax matter and a gain on divestiture. The company continues to focus on optimizing its cost structure through its 2014-2018 Restructuring Program, aiming for long-term profitable growth.

Mondelez International reported a 5.0% decrease in net revenues to $6.0 billion for the second quarter of 2017, and a 2.8% decrease to $12.4 billion for the first six months, impacted by unfavorable currency movements and a significant malware incident that disrupted sales and operations. Despite the revenue challenges, the company saw an increase in Diluted EPS, which rose 10.3% to $0.32 for the quarter and 14.1% to $0.73 for the six-month period. Adjusted EPS also showed positive growth, increasing 11.6% to $0.48 in the second quarter and 9.8% to $1.01 for the six months, demonstrating the company's ability to manage costs and improve profitability even amidst operational disruptions. The company incurred incremental expenses of $7.1 million due to the malware incident, which is expected to continue impacting results in the second half of 2017. The company also continued to execute its 2014-2018 Restructuring Program, focusing on cost optimization. Management remains confident in the company's liquidity and ability to fund operations, capital expenditures, and shareholder returns through operating cash flow and existing credit facilities.

Mondelez International, Inc. (MDLZ) reported its first-quarter 2017 results, showing a slight decline in net revenues but an increase in earnings per share. Net revenues decreased by 0.6% to $6.4 billion, largely due to unfavorable currency exchange rates which impacted reported figures. However, the company achieved an organic net revenue growth of 0.6%, indicating underlying business strength driven by higher net pricing across most categories, particularly in Latin America and AMEA, partially offset by unfavorable volume/mix in certain regions. Despite the revenue headwinds, operating income saw a significant increase of 16.3% to $840 million, and diluted EPS attributable to Mondeléz International rose by 17.1% to $0.41. This improvement was driven by strong pricing actions, cost-saving initiatives including lower selling, general, and administrative expenses, and favorable one-time events such as a benefit from a Cadbury tax matter settlement. Management highlighted continued efforts to optimize the cost structure and accelerate core snack businesses, supported by ongoing restructuring programs expected to conclude by year-end 2018.

Mondelez International, Inc. reported its financial results for the quarter and nine months ended September 30, 2016. The company experienced a significant decrease in net revenues and net earnings compared to the prior year, primarily due to the deconsolidation of its Venezuelan operations and the prior year's large gain from the JDE coffee business transactions. Excluding these and other significant items, the company's underlying performance showed signs of growth. Organic Net Revenue saw an increase in both periods, indicating healthy underlying sales growth. Adjusted Operating Income and Adjusted EPS also showed positive growth, especially on a constant currency basis, highlighting the company's efforts in cost management and operational efficiency. Investors should note the impact of ongoing restructuring programs, currency fluctuations, and strategic divestitures and acquisitions on the reported figures. The company is actively managing its debt and capital structure, with recent actions aimed at optimizing its financing.

Mondelez International, Inc. (MDLZ) reported its second quarter 2016 results, showing a decrease in reported net revenues primarily due to the deconsolidation of its historical coffee business and unfavorable currency movements, partially offset by underlying organic net revenue growth. Diluted Earnings Per Share (EPS) saw a significant increase, largely driven by a substantial gain on the exchange of an equity method investment and a reduction in restructuring charges compared to the prior year. Key financial highlights include positive organic net revenue growth, driven by higher net pricing across most segments, and an improvement in Adjusted Operating Income, reflecting cost efficiencies and productivity initiatives. The company is actively managing its portfolio through strategic divestitures and acquisitions, including progress on the sale of French manufacturing facilities and the integration of the EEMEA business. Despite currency headwinds and ongoing restructuring efforts, Mondelez International maintained its financial outlook and continued to return value to shareholders through dividends and share repurchases.

Mondelez International reported a decrease in net revenues for the first quarter of 2016, primarily due to the deconsolidation of its coffee business into Jacobs Douwe Egberts (JDE) and unfavorable currency movements. Despite the revenue decline, Organic Net Revenue showed modest growth, indicating resilience in core operations. The company saw a significant increase in diluted earnings per share, largely driven by one-time gains and the absence of certain prior-year expenses. Management highlighted strong performance in its Power Brands and emerging markets within its organic growth metrics. The company continues its significant restructuring efforts, aiming to improve its cost structure and drive long-term margin expansion. Investors should monitor the impact of ongoing restructuring, currency volatility, and the integration of recent equity investments like Keurig.

Mondelez International, Inc. reported a significant increase in net earnings for the nine months ended September 30, 2015, largely driven by a substantial pre-tax gain of $7.1 billion from the contribution of its global coffee businesses to Jacobs Douwe Egberts (JDE). This transaction significantly impacted reported results, leading to a dramatic rise in diluted EPS. However, excluding these one-time items, adjusted EPS saw a modest increase of 0.8% year-over-year for the nine-month period, and was flat year-over-year for the third quarter, indicating underlying operational challenges and currency headwinds. Revenue performance was negatively impacted by unfavorable currency movements and the deconsolidation of the coffee business. Despite these factors, organic net revenue showed growth of 3.4% for the nine months and 3.7% for the quarter, driven by higher net pricing and Power Brand performance, particularly in emerging markets. The company is actively managing its cost structure through ongoing restructuring programs, but faces continued pressure from input costs and foreign currency fluctuations. Investors should closely examine the "Adjusted" metrics to understand the operational performance outside of significant one-time events.

Mondelez International, Inc. (MDLZ) reported second quarter and first half 2015 results showing a decline in reported net revenues primarily due to unfavorable currency translation effects, with net revenues falling 9.2% in the second quarter and 9.7% for the first half. Despite this top-line pressure, the company demonstrated resilience in its organic net revenue growth, which increased by 4.3% in Q2 and 4.0% in the first half, driven by its Power Brands and strong performance in emerging markets. Diluted EPS saw a significant decline of 30.6% year-over-year in the second quarter to $0.25, and a 4.3% decrease for the first half to $0.44, impacted by various one-time items including restructuring charges and costs associated with the coffee business divestiture. Adjusted EPS, a non-GAAP measure that excludes these special items, showed a more positive trend, increasing by 17.5% in the second quarter to $0.47 and by 11.4% for the first half to $0.88. The company also announced an increase in its quarterly dividend and a significant expansion of its share repurchase program, signaling confidence in its future financial performance and commitment to returning capital to shareholders. The divestiture of its global coffee business was completed on July 2, 2015, a significant strategic move that will reshape the company's portfolio towards snacks.

Mondelez International's first quarter 2015 results show a reported net revenue decline of 10.2% to $7.76 billion, primarily due to unfavorable currency impacts. However, "organic net revenue," which excludes currency fluctuations and other items, grew by 3.8%, driven by Power Brands and emerging markets. The company reported a significant increase in net earnings attributable to Mondelēz International to $324 million, up from $163 million in the prior year, resulting in diluted EPS of $0.19, a substantial increase from $0.09. This improvement was largely influenced by significant one-time items, including a substantial gain from monetizing currency hedges related to the planned coffee business divestiture and a large loss on debt extinguishment. The company continues to execute its restructuring programs aimed at reducing operating costs. The "2014-2018 Restructuring Program" is ongoing, with $163 million in charges incurred in the quarter. Management highlights "adjusted EPS" of $0.41, a 5.1% increase year-over-year, and a 25.6% increase on a constant currency basis, indicating underlying operational improvement despite the reported figures being impacted by various charges and gains. The company also repurchased $1.5 billion of its common stock during the quarter and declared a dividend of $0.15 per share.

Mondelez International, Inc. reported financial results for the third quarter and the first nine months of fiscal year 2014. Net revenues saw a slight decrease compared to the prior year, largely impacted by unfavorable currency translations as the U.S. dollar strengthened. However, organic net revenue demonstrated growth, indicating underlying business strength. Despite a decrease in reported operating income and net earnings, driven by significant restructuring charges, integration costs, and a large loss on debt extinguishment, the company's adjusted performance metrics showed positive trends. Adjusted operating income and adjusted earnings per share (EPS) both increased, especially on a constant currency basis, reflecting successful cost management and operational efficiencies. The company also provided an updated financial outlook for 2014, projecting continued organic net revenue growth and double-digit growth in adjusted EPS.

Mondelez International's Q2 2014 10-Q report indicates a slight decrease in net revenues to $8.4 billion, down 1.8% year-over-year, though organic net revenue showed growth of 1.2%. The company reported an increase in operating income by 10.6% to $957 million, and net earnings attributable to Mondelēz International rose by 3.5% to $622 million. Diluted EPS increased to $0.36, a 9.1% rise. A significant event impacting the six-month results was a $495 million loss on debt extinguishment. The company also announced a new $3.5 billion restructuring program aimed at reducing operating costs, expected to yield $1.5 billion in annual savings by 2018.

Mondelez International, Inc. reported a decrease in net revenues of 1.2% to $8.64 billion for the first quarter of 2014 compared to the same period in 2013. However, organic net revenue saw a positive increase of 2.8%, indicating growth in underlying business operations. Diluted Earnings Per Share (EPS) significantly decreased by 70.0% to $0.09, largely impacted by a substantial $494 million loss on debt extinguishment and related expenses, as well as a $142 million currency remeasurement loss in Venezuela. Despite the headline drop in EPS, Adjusted EPS, which excludes these one-time or non-recurring items, increased by 11.4% to $0.39. The company highlighted strong pricing power across several segments and a focus on cost management. Key financial activities during the quarter included issuing $3 billion in new debt and repurchasing $1.6 billion of existing debt, alongside a $492 million share repurchase. Looking ahead, Mondelez reiterated its commitment to organic net revenue growth, adjusted operating income growth, and double-digit adjusted EPS growth on a constant currency basis.

Mondelez International, Inc. reported solid performance for the third quarter and first nine months of 2013, with net revenues increasing year-over-year, driven by organic growth. The company saw significant improvements in operating income and diluted EPS, largely due to a substantial benefit from the resolution of a Cadbury acquisition-related indemnification and lower Spin-Off costs compared to the prior year. The company also continued its strategic focus on cost savings through restructuring and integration programs. However, unfavorable foreign currency movements, particularly the devaluation of the Venezuelan bolivar, presented a headwind. Financially, Mondelez demonstrated prudent liquidity management, with strong operating cash flow and a newly established $4.5 billion revolving credit facility. The company also actively managed its capital structure, repaying significant debt maturities and continuing its share repurchase program. Despite ongoing restructuring and integration charges, the company maintained its focus on driving organic growth and improving profitability, while reaffirming its full-year outlook for Organic Net Revenue growth and Adjusted EPS.

Mondelez International, Inc. reported net revenues of $8.595 billion for the second quarter of 2013, a slight increase of 0.8% year-over-year, with organic net revenues growing by 3.8%. This growth was driven by favorable volume/mix and higher net pricing, despite headwinds from unfavorable foreign currency and divestitures. Operating income saw a decline of 7.7% to $865 million, impacted by increased input costs, higher selling, general, and administrative expenses, and restructuring and integration costs, partially offset by favorable volume/mix and lower Spin-Off costs. Net earnings attributable to Mondelēz International significantly decreased by 40.1% to $616 million in the quarter, leading to diluted EPS of $0.34, down from $0.58 in the prior year. However, adjusted EPS, which excludes certain one-time and non-recurring items, showed a modest increase of 2.8% to $0.37, indicating underlying operational improvements. The company also announced an increase in its quarterly dividend and a significant expansion of its stock repurchase program, signaling confidence in its financial position and commitment to returning capital to shareholders.

Mondelez International, Inc. (MDLZ) reported net revenues of $8.74 billion for the first quarter of 2013, a slight increase of 0.9% compared to the prior year. However, the company experienced a 30.1% decrease in net earnings attributable to Mondelēz International, falling to $568 million from $813 million in the same period last year. This was primarily driven by significant unfavorable foreign currency impacts, particularly the devaluation of the Venezuelan bolivar, and ongoing restructuring and integration costs. Despite the earnings decline, the company saw positive growth in "Organic Net Revenues" (a non-GAAP measure excluding currency impacts, acquisitions, and divestitures) of 3.8%, indicating underlying business strength. Operating income saw a decline of 7.6%, impacted by various one-time costs, including ongoing restructuring and integration programs stemming from past acquisitions and the spin-off of Kraft Foods Group. The company also incurred a $54 million charge related to the devaluation of the Venezuelan bolivar. Management highlighted progress in underlying operational performance, with "Operating EPS" (a non-GAAP measure excluding certain costs) increasing by 9.7%. Investors should note the impact of currency fluctuations and the continued investment in restructuring and integration activities as key factors influencing the near-term financial results.

Mondelez International, Inc. (formerly Kraft Foods Inc.) reported its first quarterly results as a standalone global snacks company following the spin-off of its North American grocery business, Kraft Foods Group, Inc., on October 1, 2012. For the third quarter of 2012, the company saw a slight decrease in net revenues to $12.9 billion, primarily impacted by unfavorable foreign currency. However, on an organic basis (excluding currency impacts and other factors), net revenues increased by 2.1%. Diluted Earnings Per Share (EPS) decreased significantly to $0.36 from $0.52 in the prior year, heavily influenced by substantial one-time Spin-Off costs totaling $683 million. Despite the reported decline in EPS, the company highlighted a 10.3% increase in Operating EPS (a non-GAAP measure excluding significant one-time costs) to $0.64, indicating underlying operational strength. The nine-month results also showed a dip in reported net revenues and EPS, but organic net revenues grew by 3.9% and operating EPS increased by 9.3%. The company incurred significant costs related to the spin-off, restructuring programs, and integration efforts, which impacted reported profitability. Management remains focused on driving organic growth through pricing and volume, while managing costs and streamlining operations. Investors should note the substantial one-time costs and the shift in business focus post-spin-off when evaluating the company's performance.

Mondelez International, Inc. (formerly Kraft Foods Inc.) reported its financial results for the quarter and six months ended June 30, 2012. The company experienced a slight decrease in net revenues, down 4.3% for the quarter and 0.3% for the six months, primarily due to unfavorable foreign currency exchange rates and prior-year accounting calendar adjustments. However, on an "organic" basis (excluding these factors, acquisitions, and divestitures), net revenues showed growth of 3.4% for the quarter and 4.9% for the six months, driven by higher net pricing across most segments which helped offset increased input costs. The most significant event for investors in this period is the impending spin-off of the North American grocery business, which is expected to be completed on October 1, 2012. This transaction will create two independent companies: Mondelez International (focused on global snacks) and Kraft Foods Group (the new North American grocery business). The company incurred substantial "Spin-Off Costs" related to this transaction, impacting reported earnings. Despite these costs and ongoing restructuring and integration programs (Cadbury integration), the company reported growth in diluted earnings per share (EPS) of 5.5% for the quarter and 2.0% for the six months, reaching $0.58 and $1.03 respectively. Adjusted operating EPS showed stronger growth, increasing by 9.7% for the quarter and 9.6% for the six months, highlighting the underlying operational performance.

Mondelez International, Inc. (formerly Kraft Foods Inc.) reported net revenues of $13.1 billion for the first quarter of 2012, a 4.1% increase year-over-year, driven by higher net pricing and favorable volume/mix. The company's operating income rose by 2.7% to $1.69 billion. A significant development for investors is the company's ongoing strategic plan to split into two independent publicly traded companies: a global snacks business and a North American grocery business. This "Spin-Off" is expected to be completed by the end of 2012 and is subject to various conditions. The company has incurred substantial "Spin-Off Costs" related to this transaction, impacting current period expenses and financing activities.

Mondelez International, Inc. (formerly Kraft Foods Inc.) reported a strong increase in net revenues for the third quarter and first nine months of 2011, driven by a combination of net pricing increases and favorable volume/mix, especially in its Developing Markets and European segments. The company also benefited from favorable foreign currency movements. While top-line growth was robust, the company continues to navigate integration costs related to the Cadbury acquisition, which are a significant factor impacting profitability. An important strategic development highlighted is the announced intention to spin off the North American grocery business into a separate public company, creating a global snacks business and a North American grocery business. This transaction is intended to unlock shareholder value by allowing each business to focus on its distinct strategic priorities. Investors should monitor the progress and conditions of this spin-off closely. The company's financial performance reflects ongoing integration efforts and strategic restructuring, with a focus on managing input costs and driving organic growth across its diverse product portfolio.

Mondelez International, Inc. (MDLZ), formerly Kraft Foods Inc., reported strong net revenue growth for the second quarter and first six months of 2011, driven by a combination of increased pricing and favorable volume/mix, alongside currency tailwinds. The company's integration of the Cadbury acquisition continues to progress, with ongoing efforts to realize significant cost savings and revenue synergies. Despite overall revenue increases, investors should note the impact of increased input costs, particularly for commodities like dairy, coffee, and grains, which pressured margins. The company also addressed a significant legal dispute with Starbucks regarding their retail coffee agreement, the outcome of which is pending arbitration. Looking ahead, Mondelez announced a strategic intention to split into two independent public companies, focusing on a global snacks business and a North American grocery business, a move expected to unlock further value.

Mondelez International, Inc. (formerly Kraft Foods Inc.) reported a significant increase in net revenues for the first quarter of 2011, reaching $12.6 billion, up 11.1% year-over-year. This growth was largely driven by the Cadbury acquisition, which added $697 million in net revenues, and a 4.6% increase in organic net revenues reflecting higher pricing and favorable volume/mix. However, net earnings attributable to Kraft Foods shareholders saw a substantial decrease of 57.6% to $799 million, with diluted EPS falling to $0.45 from $1.16 in the prior year. This decline is primarily attributed to the significant gain from discontinued operations in the prior year ($1.01 per share from the Frozen Pizza divestiture) and increased integration program costs related to the Cadbury acquisition. Despite the GAAP net earnings decline, operating EPS from continuing operations showed growth, increasing by 6.1% to $0.52, indicating underlying operational improvements. The company is actively managing integration costs post-Cadbury acquisition, expecting significant cost savings. However, investors should note the ongoing impact of commodity price volatility and the ongoing arbitration with Starbucks over the coffee business. The company maintains a strong liquidity position with a new $4.5 billion revolving credit facility.

Mondelez International, Inc. (formerly Kraft Foods Inc.) reported significant changes in its financial performance for the nine months ended September 30, 2010, primarily driven by the transformative acquisition of Cadbury and the divestiture of its North American frozen pizza business. Revenue growth was substantial, with a 25.8% increase to $35.4 billion for the nine-month period, largely due to the inclusion of Cadbury's operations. However, diluted Earnings Per Share (EPS) from continuing operations saw a decline, falling to $1.13 from $1.45 in the prior year, reflecting increased interest expenses and integration costs. Despite this, the company's overall net earnings attributable to Kraft Foods increased significantly to $3.57 billion due to the inclusion of a large gain from the discontinued pizza business, which more than offset the decline in continuing operations EPS. Investors should note the significant increase in long-term debt by over $11 billion to $29.6 billion, primarily to finance the Cadbury acquisition. The company is actively managing its integration and restructuring costs, with significant charges incurred for combining operations with Cadbury. While the core business shows organic growth, the strategic actions taken have materially altered the company's financial structure and are key to understanding its future performance.

This filing is an amendment to Kraft Foods Inc.'s (predecessor to Mondelez International) Form 10-Q for the quarter ended June 30, 2010. The amendment's primary purpose is to furnish Exhibit 101, which contains the company's financial information formatted in XBRL, as required by Regulation S-T. This amendment does not introduce new financial results or update previous disclosures, but rather serves as a technical filing to provide the XBRL data. Investors reviewing this filing should understand that it pertains to historical financial data from mid-2010 and does not reflect any subsequent operational performance or strategic changes. The core financial information remains as originally reported in the Form 10-Q. The company at the time was Kraft Foods Inc., and the filing indicates it was a large accelerated filer, signifying substantial market capitalization and public float.

Mondelez International, Inc. (formerly Kraft Foods Inc.) reported significant revenue growth in the second quarter and first half of 2010, primarily driven by the transformative acquisition of Cadbury. Net revenues increased by 25.3% in the quarter and 25.6% year-to-date, largely due to the inclusion of Cadbury's operations. However, the company also experienced a decrease in diluted Earnings Per Share (EPS) for the quarter, while the year-to-date EPS saw a substantial increase, largely influenced by a significant gain from the divestiture of the North American frozen pizza business. The company successfully integrated Cadbury, while also completing the sale of its frozen pizza business to Nestlé, demonstrating strategic portfolio management.

Mondelez International, Inc. (MDLZ), formerly Kraft Foods Inc., reported significant changes in its first quarter 2010 results, primarily driven by the substantial acquisition of Cadbury plc and the divestiture of its North American frozen pizza business. Net revenues saw a notable increase of 26.0% year-over-year, reaching $11.3 billion, largely due to the inclusion of Cadbury's operations and favorable foreign currency movements. However, earnings per share (EPS) from continuing operations declined significantly, indicating the integration costs and financing expenses associated with these major transactions. The company successfully raised substantial debt financing to fund the Cadbury acquisition, increasing its total debt to $31.0 billion. Despite the increased leverage, management expressed confidence in maintaining sufficient liquidity through operating cash flow, existing credit facilities, and future financing. The strategic moves signify a major transformation for the company, shifting its portfolio and global footprint. Investors should note the impact of one-time transaction and integration costs related to the Cadbury acquisition and the gain from the pizza business divestiture on the reported net earnings and EPS. While the underlying business showed some organic growth, the headline figures are heavily influenced by these large-scale corporate actions.

Mondelez International, Inc. (MDLZ), formerly Kraft Foods Inc., reported its third-quarter and year-to-date results for the period ending September 30, 2009. For the third quarter, net revenues decreased by 5.7% to $9.8 billion, and diluted EPS saw a significant drop of 39.6% to $0.55. However, earnings from continuing operations showed strong growth, with diluted EPS increasing by 61.8%. For the first nine months of the year, net revenues decreased by 6.0% to $29.4 billion, and diluted EPS decreased by 11.9% to $1.56, while diluted EPS from continuing operations rose by 32.8% to $2.317 billion. The company highlighted strong operating income growth in both periods, driven by lower input costs, favorable volume/mix, and reduced restructuring charges. A notable event impacting comparability was the Post cereals business split-off in August 2008, with its prior period results classified as discontinued operations. Additionally, Mondelez is actively exploring a potential combination with Cadbury plc, with a deadline for a formal offer set for November 9, 2009.