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Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2014
Effects of Prior Period Corrections on Condensed Consolidated Statement of Earnings

Condensed Consolidated Statement of Earnings

 

                                                        
     For the Three Months Ended March 31,  
     2013  
     Reported     Correction     Revised  
     (in millions, except per share data)  

(Benefit) / provision for income taxes

   $ (19   $ 32      $ 13   

Net earnings

     574        (32     542   

Net earnings attributable to Mondelēz International

     568        (32     536   

Basic earnings per share attributable to
Mondelēz International

   $ 0.32      $ (0.02   $ 0.30   

Diluted earnings per share attributable to
Mondelēz International

   $ 0.32      $ (0.02   $ 0.30   
Effects of Prior Period Corrections on Condensed Consolidated Statement of Comprehensive Earnings

Condensed Consolidated Statement of Comprehensive Earnings

 

                                                        
     For the Three Months Ended March 31,  
     2013  
     Reported     Correction     Revised  
     (in millions)  

Net earnings

   $ 574      $ (32   $ 542   

Translation adjustment

     (771     2        (769

Total other comprehensive losses

     (728     2        (726

Comprehensive losses

     (154     (30     (184

Comprehensive losses attributable to Mondelēz International

     (153     (30     (183
Effects of Prior Period Corrections on Condensed Consolidated Statement of Cash Flows

Condensed Consolidated Statement of Cash Flows

 

     For the Three Months Ended March 31,  
     2013  
     Reported     Correction     Revised  
     (in millions)  

Net earnings

   $ 574      $ (32   $ 542   

Deferred income tax benefit

     (104     37        (67

Other non-cash expense, net

     44        1        45   

Change in other current assets

     (85     (1     (86

Change in other current liabilities

     (366     (5     (371

Net cash used in operating activities

     (385            (385

Net Revenues, Cash, Net Monetary and Net Assets of Company's Venezuelan Subsidiaries

The following table sets forth net revenues (translated at the 6.30 official rate prior to the remeasurement) for the three months ended March 31, 2014, and cash, net monetary assets and net assets (after the remeasurement to the SICAD I rate of 10.70 bolivars to the U.S. dollar) of our Venezuelan subsidiaries as of March 31, 2014:

 

Venezuela operations

  

Three Months Ended March 31, 2014

Net Revenues    $237 million or 2.7% of consolidated net revenue

 

    

As of March 31, 2014

Cash    $236 million
Net Monetary Assets    $198 million
Net Assets    $466 million