Item 7.01. Regulation FD Disclosure.




Mondel?z International, Inc. and subsidiaries (collectively, "we," "our" or
"Mondel?z International") are furnishing this current report to provide
supplemental non-GAAP financial information related to the retrospective impact
of our sale of approximately 11.1 million JDE Peet's N.V. ("JDE Peet's")
ordinary shares on May 29,2020. As a result of this sale, our equity interest in
JDE Peet's decreased by 3.6% from 26.5% to 22.9%.

Due to our reporting of JDE Peet's results on a one-quarter lag basis, the
impact of the sale of these shares will affect our non-GAAP financial results
beginning with the third quarter ended September 30, 2020. Consistent with our
definitions of our non-GAAP financial measures, we will reflect this partial
sale of our equity method investment in JDE Peet's as a divestiture, resulting
in the recasting of our non-GAAP financial results for the first half of 2020,
all quarters of 2020, 2019 and 2018 and for the years ended December 31, 2019
and 2018.

Change to our Historical Non-GAAP Financial Results in Connection with our Participation in JDE Peet's Offering



As previously disclosed in our Quarterly Report on Form 10-Q for the quarter
ended June 30, 2020, we exchanged our 26.4% ownership interest in Jacobs Douwe
Egberts ("JDE") for a 26.5% equity interest in JDE Peet's in connection with the
JDE Peet's offering of its ordinary shares during the second quarter of 2020. On
May 29, 2020, we participated in the JDE Peet's offering and, with the
subsequent exercise of the over-allotment option, we sold a total of
approximately 11.1 million shares, retaining a 22.9% ownership interest in JDE
Peet's. We received €350 million ($394 million) of total proceeds from the sales
of JDE Peet's shares and we recorded a pre-tax gain of $121 million during the
second quarter. We also incurred a $261 million tax expense that is payable in
2020 and 2021.

Consistent with our accounting for our equity method investment in Keurig Dr
Pepper Inc., in connection with JDE Peet's becoming a public company, we changed
our accounting principle to reflect our share of JDE historical results and JDE
Peet's ongoing results on a one-quarter lag basis while we continue to record
dividends when cash is received. We determined a lag was preferable as it
enables us to continue to report our quarterly and annual results on a timely
basis and to record our share of JDE Peet's ongoing results once JDE Peet's has
publicly reported its results. This change was applied retrospectively to all
periods presented. Refer to Note 6, Equity Method Investments, and Note 14,
Income Taxes, in our Quarterly Report on Form 10-Q for the quarter ended
June 30, 2020, for additional information.

We consider the 3.6% ownership reduction a partial sale of our equity method
investment in JDE Peet's. Consistent with our definitions of our non-GAAP
financial measures, we consider this sale to be a divestiture. Therefore, we
will remove the equity method investment net earnings results related to this
partial sale of our equity method investment in JDE Peet's from our non-GAAP
financial results for Adjusted EPS for all historical periods presented. Our
U.S. GAAP results, which include our historical equity method investment net
earnings from JDE Peet's, will not change from what was previously reported.

Recast Amounts Reflecting Changes in Historical Non-GAAP Results



The change to our non-GAAP financial results for Adjusted EPS described above
does not affect our previously reported consolidated financial results nor does
it affect our non-GAAP financial results for Organic Net Revenue, Adjusted Gross
Profit or Adjusted Operating Income, for any period. This supplemental
disclosure does not amend any disclosure contained in any of our prior SEC
filings. See the chart below and Exhibit 99.1 for the unaudited GAAP and recast
non-GAAP financial information for the first half of 2020, all quarters of 2020,
2019 and 2018 and for the years ended December 31, 2019 and 2018.

                 Mondel?z International, Inc. and Subsidiaries

         Recast Amounts Reflecting Change Due to Reduction in Ownership

              (in millions of U.S. dollars, except per share data)

                                  (Unaudited)



                                2018        2019        2020                         2018                                          2019                              2020
                                 FY          FY          H1          Q1          Q2         Q3          Q4         Q1         Q2         Q3           Q4         Q1         Q2
Reported (GAAP)
Equity method investment net
earnings                       $   484     $   501     $   227     $   229

$ 88 $ 84 $ 83 $ 166 $ 109 $ 114 $ 112 $ 121 $ 106 Provision for income taxes 773

           2         489         337         15         310        111        189        216        (633 )       230        148        341
Net earnings attributable to
Mondel?z International           3,317       3,929       1,280       1,043        319       1,198        757        967        803       1,426         733        736        544
Diluted earnings per share
attributable to Mondel?z
International                  $  2.23     $  2.69     $  0.89     $  0.69     $ 0.21     $  0.81     $ 0.51     $ 0.66     $ 0.55     $  0.98      $ 0.50     $ 0.51     $ 0.38

Adjusted (Non-GAAP) - As
Recast
Equity method investment net
earnings                       $   413     $   516     $   252     $   121

$ 90 $ 87 $ 115 $ 168 $ 112 $ 117 $ 119 $ 120 $ 132 Provision for income taxes 859 878 333 224


      207         182        246        203        220         174         281        203        130
Net earnings attributable to
Mondel?z International           3,516       3,615       1,860         937        816         906        857        986        815         928         886        964        896
Diluted earnings per share
attributable to Mondel?z
International                  $  2.37     $  2.48     $  1.29     $  0.62

$ 0.55 $ 0.61 $ 0.58 $ 0.67 $ 0.56 $ 0.64 $ 0.61 $ 0.67 $ 0.62

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Financial Schedules



Exhibit 99.1 to this Form 8-K contains financial schedules that provide the
reconciliations for our recast non-GAAP financial results for Adjusted EPS due
to the partial sale of our equity method investment in JDE Peet's for the first
half of 2020, all quarters of 2020, 2019 and 2018 and for the years ended
December 31, 2019 and 2018.

• Schedule 1 provides reconciliations of the differences between the recast

Adjusted (non-GAAP) financial measures and their most directly comparable

reported (GAAP) financial measures. Equity method investment net earnings and

Provision for income taxes are components used to calculate net earnings and


      diluted earnings per share attributable to Mondel?z International.




  •   Schedule 2 provides reconciliations between the reported diluted EPS
      attributable to Mondel?z International (GAAP) and the recast Adjusted EPS
      (non-GAAP).


Non-GAAP Financial Measures

We use non-GAAP financial information and believe it is useful to investors as
it provides additional information to facilitate comparisons of historical
operating results and identify trends in our underlying operating results, and
it provides additional insight and transparency on how we evaluate our business.
For additional information regarding our non-GAAP financial measures, see
Exhibit 99.2.

Item 9.01. Financial Statements and Exhibits.




(d) The following exhibits are being furnished with this Current Report on Form
8-K.



99.1       Financial schedules - Unaudited GAAP and Non-GAAP Financial
         Information.

99.2       Non-GAAP Financial Measures - Additional Information.

104 The cover page from Mondel?z International, Inc.'s Current Report on Form

8-K, formatted in Inline XBRL (included as Exhibit 101).

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