Mondelēz International, Inc. (MDLZ) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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Mondelēz International, Inc. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net earnings → Net cash from operating activities: $1,322,000,000.00Net earnings → Operating adjustments reconciliation: $794,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $693,000,000.00Deferred income tax provision/(benefit) → Operating adjustments reconciliation: $149,000,000.00Other current assets → Operating adjustments reconciliation: $142,000,000.00Stock-based compensation expense → Operating adjustments reconciliation: $87,000,000.00Distributions from equity method investments → Operating adjustments reconciliation: $44,000,000.00Asset impairments and accelerated depreciation → Operating adjustments reconciliation: $10,000,000.00Loss on equity method investment transactions → Operating adjustments reconciliation: $3,000,000.00Contingent consideration adjustments → Operating adjustments reconciliation: $3,000,000.00Operating adjustments reconciliation → Accounts payable: $538,000,000.00Operating adjustments reconciliation → Unrealized (gain)/loss on derivative contracts: $509,000,000.00Operating adjustments reconciliation → Receivables, net: $424,000,000.00Operating adjustments reconciliation → Other current liabilities: $296,000,000.00Operating adjustments reconciliation → Change in pension and postretirement assets and liabilities, net: $99,000,000.00Operating adjustments reconciliation → Equity method investment net earnings: $37,000,000.00Operating adjustments reconciliation → Inventories: $16,000,000.00Operating adjustments reconciliation → Other non-cash items, net: $5,000,000.00Operating adjustments reconciliation → Gain on divestiture: $1,000,000.00Proceeds from derivative settlements → investing reconciliation: $179,000,000.00Proceeds from investments → investing reconciliation: $25,000,000.00Proceeds from sales of property, plant and equipment and other → investing reconciliation: $3,000,000.00Proceeds from divestitures → investing reconciliation: $1,000,000.00investing reconciliation → Capital expenditures: $654,000,000.00investing reconciliation → Payments for derivative settlements: $270,000,000.00Net cash used in financing activities → financing reconciliation: $1,039,000,000.00Issuances of commercial paper, maturities greater than 90 days → financing reconciliation: $1,584,000,000.00Long-term debt proceeds → financing reconciliation: $1,074,000,000.00Other → financing reconciliation: $6,000,000.00financing reconciliation → Net (repayment)/issuance of short-term borrowings: $1,313,000,000.00financing reconciliation → Dividends paid: $1,287,000,000.00financing reconciliation → Repayments of commercial paper, maturities greater than 90 days: $587,000,000.00financing reconciliation → Long-term debt repayments: $304,000,000.00financing reconciliation → Repurchases of Common Stock: $212,000,000.00Net cash used in investing activities → investing reconciliation: $716,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $2,195,000,000.00Net cash from operating activities → Cash sources and uses: $1,322,000,000.00Cash sources and uses → Exchange-rate effect: $3,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,759,000,000.00Cash sources and uses → Net cash used in investing activities: $716,000,000.00Cash sources and uses → Net cash used in financing activities: $1,039,000,000.00Net earnings: $2,116,000,000.00Net earnings+$2.12 BDepreciation and amortization: $693,000,000.00Depreciation & amortization+$693.00 MStock-based compensation expense: $87,000,000.00Stock-based compensation+$87.00 MDeferred income tax provision/(benefit): $149,000,000.00Deferred income taxes+$149.00 MAsset impairments and accelerated depreciation: $10,000,000.00Asset impairments+$10.00 MGain on divestiture: -$1,000,000.00Business sale gain & loss−$1.00 MLoss on equity method investment transactions: $3,000,000.00Equity-method transaction loss+$3.00 MEquity method investment net earnings: -$37,000,000.00Equity-method results−$37.00 MDistributions from equity method investments: $44,000,000.00Equity-method distributions+$44.00 MUnrealized (gain)/loss on derivative contracts: -$509,000,000.00Derivative value change−$509.00 MContingent consideration adjustments: $3,000,000.00Contingent consideration adj.+$3.00 MOther non-cash items, net: -$5,000,000.00Other non-cash items−$5.00 MReceivables, net: -$424,000,000.00Receivables, net−$424.00 MInventories: -$16,000,000.00Inventories−$16.00 MAccounts payable: -$538,000,000.00Accounts payable−$538.00 MOther current assets: $142,000,000.00Other current assets+$142.00 MOther current liabilities: -$296,000,000.00Other current liabilities−$296.00 MChange in pension and postretirement assets and liabilities, net: -$99,000,000.00Pension & postretirement, net−$99.00 MNet cash from operating activities: $1,322,000,000.00Operating cash+$1.32 BOperating adjustments reconciliation: $1,925,000,000.00Issuances of commercial paper, maturities greater than 90 days: $1,584,000,000.00Commercial paper issued+$1.58 BRepayments of commercial paper, maturities greater than 90 days: -$587,000,000.00Commercial paper repaid−$587.00 MNet (repayment)/issuance of short-term borrowings: -$1,313,000,000.00Short-term borrowings, net−$1.31 BLong-term debt proceeds: $1,074,000,000.00Long-term debt issued+$1.07 BLong-term debt repayments: -$304,000,000.00Long-term debt repaid−$304.00 MRepurchases of Common Stock: -$212,000,000.00Common stock repurchases−$212.00 MDividends paid: -$1,287,000,000.00Dividends paid−$1.29 BOther: $6,000,000.00Other financing, net+$6.00 MNet cash used in financing activities: -$1,039,000,000.00. Cash required to fund net payments.Financing cash−$1.04 Bfinancing reconciliation: $3,703,000,000.00Acquisitions, net of cash received: $0.00Proceeds from derivative settlements: $179,000,000.00Investing derivative proceeds+$179.00 MCapital expenditures: -$654,000,000.00PP&E purchases−$654.00 MPayments for derivative settlements: -$270,000,000.00Investing derivative payments−$270.00 MProceeds from investments: $25,000,000.00Investments, net+$25.00 MProceeds from sales of property, plant and equipment and other: $3,000,000.00PP&E sales+$3.00 MProceeds from divestitures: $1,000,000.00Proceeds from divestitures+$1.00 MNet cash used in investing activities: -$716,000,000.00. Cash required to fund net payments.Investing cash−$716.00 Minvesting reconciliation: $924,000,000.00Cash sources and uses: $3,517,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $2,195,000,000.00Beginning cash$2.20 BEnding cash: Cash, cash equivalents, and restricted cash: $1,759,000,000.00Ending cash$1.76 BExchange-rate effect: -$3,000,000.00FX effect−$3.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$668.00 MOperating cash − cash spent on PP&ECash flow / Net income0.62×Operating cash flow ÷ net incomeNet cash change−$436.00 MEnding cash − beginning cash
Chart details

Mondelēz International, Inc. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
2,195,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,322,000,000 US dollars. Net cash provided.
Net earnings
2,116,000,000 US dollars
Depreciation and amortization
693,000,000 US dollars
Stock-based compensation expense
87,000,000 US dollars
Deferred income tax provision/(benefit)
149,000,000 US dollars
Asset impairments and accelerated depreciation
10,000,000 US dollars
Gain on divestiture
negative 1,000,000 US dollars
Loss on equity method investment transactions
3,000,000 US dollars
Equity method investment net earnings
negative 37,000,000 US dollars
Distributions from equity method investments
44,000,000 US dollars
Unrealized (gain)/loss on derivative contracts
negative 509,000,000 US dollars
Contingent consideration adjustments
3,000,000 US dollars
Other non-cash items, net
negative 5,000,000 US dollars
Receivables, net
negative 424,000,000 US dollars
Inventories
negative 16,000,000 US dollars
Accounts payable
negative 538,000,000 US dollars
Other current assets
142,000,000 US dollars
Other current liabilities
negative 296,000,000 US dollars
Change in pension and postretirement assets and liabilities, net
negative 99,000,000 US dollars
Investing activities
negative 716,000,000 US dollars. Net cash used.
Acquisitions, net of cash received
0 US dollars
Proceeds from derivative settlements
179,000,000 US dollars
Capital expenditures
negative 654,000,000 US dollars
Payments for derivative settlements
negative 270,000,000 US dollars
Proceeds from investments
25,000,000 US dollars
Proceeds from sales of property, plant and equipment and other
3,000,000 US dollars
Proceeds from divestitures
1,000,000 US dollars
Financing activities
negative 1,039,000,000 US dollars. Net cash used.
Issuances of commercial paper, maturities greater than 90 days
1,584,000,000 US dollars
Repayments of commercial paper, maturities greater than 90 days
negative 587,000,000 US dollars
Net (repayment)/issuance of short-term borrowings
negative 1,313,000,000 US dollars
Long-term debt proceeds
1,074,000,000 US dollars
Long-term debt repayments
negative 304,000,000 US dollars
Repurchases of Common Stock
negative 212,000,000 US dollars
Dividends paid
negative 1,287,000,000 US dollars
Other
6,000,000 US dollars
Operating adjustment reconciliation
1,925,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
3,703,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
924,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 3,000,000 US dollars
Ending cash on Jun 30, 2026
1,759,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
3,517,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 436,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.62×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
1,322,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
654,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
668,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $1.32B of net income directly to operating cash and $794.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 1,322,000,000 US dollars minus 654,000,000 US dollars equals 668,000,000 US dollars.
Mondelēz International, Inc. (MDLZ) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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