v3.26.1
Accumulated Other Comprehensive Earnings/(Losses)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Earnings/(Losses)
Note 10. Accumulated Other Comprehensive Earnings/(Losses)

The following table summarizes the changes in accumulated balances of each component of accumulated other comprehensive earnings/(losses) attributable to Mondelēz International. Amounts reclassified from accumulated other comprehensive earnings/(losses) to net earnings (net of tax) were net losses of $(27) million and $(284) million in the second quarter of 2026 and 2025, respectively, and $(38) million and $(331) million in the first six months of 2026 and 2025, respectively.
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2026202520262025
(in millions)
Currency Translation Adjustments:
Balance at beginning of period$(10,252)$(10,488)$(10,180)$(11,017)
Currency translation adjustments72 274 823 
Tax effect22 82 12 69 
Other comprehensive earnings/(losses)94 356 19 892 
less: other comprehensive (earnings)/loss attributable to noncontrolling interests(17)(24)
Balance at end of period(10,155)(10,149)(10,155)(10,149)
Pension and Other Benefit Plans:
Balance at beginning of period$(1,099)$(1,430)$(1,135)$(1,402)
Net actuarial gain/(loss) arising during period— (51)(51)
Tax effect on net actuarial gain/(loss)— 13 (2)13 
Losses/(gains) reclassified into net earnings:
Amortization of net loss and prior service (1)
16 17 30 31 
Settlement losses/(gains) (1)
— 288 (3)292 
Tax expense/(benefit) on reclassifications (3)
(4)(80)(6)(82)
Currency impact(100)22 (144)
Other comprehensive earnings/(losses)14 87 50 59 
Balance at end of period(1,085)(1,343)(1,085)(1,343)
Derivative Cash Flow Hedges:
Balance at beginning of period$(55)$(61)$(49)$(52)
   Interest rate contracts gains/(losses)(3)(6)
   Cross-currency swap contracts gains/(losses)— (47)(13)(86)
   Other derivative gains/(losses)(3)(16)— (12)
Tax effect on net derivative gain/(loss)(3)(2)
Losses/(gains) reclassified into net earnings:
Interest rate contracts (2)
Cross-currency swap contracts (2)
18 52 19 79 
Tax expense/(benefit) on reclassifications (3)
(5)(7)
Currency impact— (4)(8)
Other comprehensive earnings/(losses)12 (8)(17)
Balance at end of period(43)(69)(43)(69)
Accumulated other comprehensive losses attributable to Mondelēz International:
Balance at beginning of period$(11,406)$(11,979)$(11,364)$(12,471)
Total other comprehensive earnings/(losses)120 435 75 934 
less: other comprehensive (earnings)/loss attributable to noncontrolling interests(17)(24)
Other comprehensive earnings/(losses) attributable to Mondelēz International123 418 81 910 
Balance at end of period$(11,283)$(11,561)$(11,283)$(11,561)
(1)These reclassified losses/(gains) are included in net periodic benefit costs disclosed in Note 7, Benefit Plans.
(2)These reclassified gains or losses are recorded within interest and other expense, net.
(3)Taxes reclassified to earnings are recorded within the provision for income taxes.