Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name Mondelez International, Inc.
CIK 0001103982
Accession number 0001193125-14-079175
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/1103982/000119312514079175/mdlz-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01
Commentary Conforms with all rules.
Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock

The tax effects of temporary differences that gave rise to deferred income tax assets and liabilities consisted of the following at December 31, 2013 and 2012:

 

                                     
     2013     2012  
     (in millions)  

Deferred income tax assets:

     

Accrued postretirement and postemployment benefits

    $ 176      $ 157   

Accrued pension costs

      417        693   

Loss carryforwards

      553        639   

Other

      1,189        1,755   
  

 

 

    

 

 

  

Total deferred income tax assets

      2,335        3,244   
  

 

 

    

 

 

  

Valuation allowance

      (335 )      (426 ) 
  

 

 

    

 

 

  

Net deferred income tax assets

    $ 2,000      $ 2,818   
  

 

 

    

 

 

  

Deferred income tax liabilities:

     

Trade names

    $ (5,991 )    $ (6,394 ) 

Property, plant and equipment

      (995 )      (972 ) 

Other

      (590 )      (896 ) 
  

 

 

    

 

 

  

Total deferred income tax liabilities

      (7,576 )      (8,262 ) 
  

 

 

    

 

 

  

Net deferred income tax liabilities

    $ (5,576 )    $ (5,444 ) 
  

 

 

    

 

 

  

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 2,335,000,000 us-gaap:DeferredTaxAssetsGross
Valuation allowance -335,000,000 us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net 2,000,000,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities -7,576,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -5,576,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

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(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 517,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax assets, net, noncurrent 0
Deferred tax liabilities, net, current 0
Deferred tax liabilities, net, noncurrent -6,282,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -5,576,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

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(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 2,000,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax liabilities, net -7,576,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -5,576,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

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