XML 96 R80.htm IDEA: XBRL DOCUMENT v3.22.4
Debt and Borrowing Arrangements - Debt Issuances (Details)
Dec. 31, 2022
EUR (€)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
EUR (€)
Dec. 31, 2021
USD ($)
Sep. 20, 2021
EUR (€)
Loans Payable | 4.250% Notes Due 2025          
Debt Instrument [Line Items]          
Interest Rate [1] 4.25% 4.25%      
Gross Proceeds [1],[2]   $ 500,000,000      
Loans Payable | 2.125% Notes Due 2024          
Debt Instrument [Line Items]          
Interest Rate [1] 2.125% 2.125%      
Gross Proceeds [1],[2]   $ 500,000,000      
Loans Payable | 2.625% Notes Due 2027          
Debt Instrument [Line Items]          
Interest Rate [1],[3] 2.625% 2.625%      
Gross Proceeds [1],[3] € 750,000,000 [2] $ 750,000,000      
Loans Payable | 3.000% Notes Due 2032          
Debt Instrument [Line Items]          
Interest Rate [1],[4] 3.00% 3.00%      
Gross Proceeds [1],[4] € 750,000,000 [2] $ 750,000,000      
Loans Payable | 0.750% Notes Due September 2024 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1]     0.75% 0.75%  
Gross Proceeds [1],[2]       $ 500,000,000  
Loans Payable | 1.250% Notes Due September 2026 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1]     1.25% 1.25%  
Gross Proceeds [1],[2]       $ 350,000,000  
Loans Payable | 0.250% Notes Due September 2029 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1],[4]     0.25% 0.25%  
Gross Proceeds [1],[4]     € 650,000,000 $ 769,000,000  
Loans Payable | 0.625% Notes Due September 2032 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1],[4]     0.625% 0.625%  
Gross Proceeds [1],[4]     € 650,000,000 [2] $ 769,000,000  
Loans Payable | 1.250% Notes Due September 2041 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1],[4]     1.25% 1.25%  
Gross Proceeds [1],[4]     € 700,000,000 [2] $ 828,000,000  
Loans Payable | 0.250% Notes due 2028 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate     0.25% 0.25%  
Gross Proceeds     € 750,000,000 [2] $ 896,000,000  
Loans Payable | 0.750% Notes due 2033          
Debt Instrument [Line Items]          
Interest Rate     0.75% 0.75%  
Gross Proceeds     € 600,000,000 [2] $ 717,000,000  
Loans Payable | 1.375% Notes due 2041          
Debt Instrument [Line Items]          
Interest Rate     1.375% 1.375%  
Gross Proceeds     € 650,000,000 [2] $ 777,000,000  
Loans Payable | Green Bonds | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Gross Proceeds | € € 1,970,000,000        
Exchangeable Notes | 0.000% Notes Due September 2024          
Debt Instrument [Line Items]          
Gross Proceeds | €     € 300,000,000   € 300,000,000
Exchangeable Notes | 0.000% Notes Due September 2024 | MIHN | Subsidiary Issuer          
Debt Instrument [Line Items]          
Interest Rate [1],[3]     0.00% 0.00%  
Gross Proceeds [1],[3]     € 300,000,000 $ 352,000,000  
Debt premium percentage 1.02 1.02      
[1] Notes issued by Mondelez International Holdings Netherlands B.V. (“MIHN”), a wholly owned Dutch subsidiary of Mondelēz International, Inc.
[2] Represents gross proceeds from the issuance of notes excluding debt issuance costs, discounts and premiums.
[3] Issuance of exchangeable bonds that were issued at 102% of their principal amount and are redeemable for cash or existing ordinary shares of JDE Peet's at our option (see Note 7, Equity Method Investments). Bondholders have an option to redeem bonds before maturity subject to exchange periods. We have identified our option to settle in either cash or existing ordinary shares of JDE Peet's as an embedded derivative that is bifurcated and accounted for separately from the bond. See Note 10, Financial Instruments.
[4] Issuance of green bonds where we have committed to allocate an amount equal to the €1.97 billion total net proceeds from the offering over time to eligible projects that align with our sustainability priorities in the areas of building a thriving ingredient supply chain and reducing our environmental impact.