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 participation in a secondary offering of Keurig Dr Pepper Inc. ("KDP")
shares on November 17, 2020. We sold approximately 40.0 million shares, which
reduced our ownership interest by 2.8% to 8.4% of the total outstanding shares.

Due to our reporting of KDP'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 our first quarter ended March 31, 2021. Consistent with our definitions of
our non-GAAP financial measures, we will reflect this partial sale of our equity
method investment in KDP as a divestiture, resulting in the recasting of our
non-GAAP financial results for all quarters of 2020, 2019 and 2018 and for the
years ended December 31, 2020, 2019 and 2018.

Change to our Historical Non-GAAP Financial Results in Connection with our Sales of KDP shares



As previously disclosed in our Annual Report on Form 10-K for the year ended
December 31, 2020, we participated in a secondary offering of KDP shares on
November 17, 2020. We sold approximately 40.0 million shares, which reduced our
ownership interest by 2.8% to 8.4% of the total outstanding shares. We received
$1,132 million of proceeds and recorded a pre-tax gain of $459 million (or
$350 million after-tax) during the fourth quarter of 2020.

We consider the 2.8% ownership reduction, resulting from this sale of shares, a
partial sale of our equity method investment in KDP. Consistent with our
definitions of our non-GAAP financial measures, we consider this sale to be a
divestiture. Due to our reporting of KDP'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 first quarter ended March 31, 2021. Therefore, we
will remove the equity method investment net earnings results related to this
partial sale of our equity method investment in KDP 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
KDP, 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 all quarters of 2020, 2019 and 2018 and for the years
ended December 31, 2020, 2019 and 2018.



                                                                                  Mondel?z International, Inc. and Subsidiaries
                                                                               Recast Amounts Reflecting Change Due to Divestiture
                                                                               (in millions of U.S. dollars, except per share data)
                                                                                                   (Unaudited)
                                          2018        2019        2020                         2018                                          2019                                          2020
                                           FY          FY          FY          Q1          Q2         Q3          Q4         Q1         Q2         Q3

Q4 Q1 Q2 Q3 Q4 Reported (GAAP) Equity method investment net earnings $ 484 $ 501 $ 421

$ 229 $ 88 $ 84 $ 83 $ 166 $ 109 $ 114 $ 112 $ 121 $ 106 $ 84 $ 110 Provision for income taxes

                   773           2       1,224

337 15 310 111 189 216 (633 ) 230 148 341 391 344 Net earnings attributable to Mondel?z International

                              3,317       3,929       3,555

1,043 319 1,198 757 967 803 1,426 733 736 544 1,119 1,156 Diluted EPS attributable to Mondel?z International

$  2.23     $  2.69     $  2.47

$ 0.69 $ 0.21 $ 0.81 $ 0.51 $ 0.66 $ 0.55 $ 0.98 $ 0.50 $ 0.51 $ 0.38 $ 0.78 $ 0.80 Adjusted (Non-GAAP) - As Recast Equity method investment net earnings $ 364 $ 443 $ 428

$   108     $   81     $    77     $   98     $  149     $   96     $    98      $  100     $   99     $  113     $   104     $   112
Provision for income taxes                   848         860         928

221 205 179 243 199 215 169 277 198 126 315 289 Net earnings attributable to Mondel?z International

                              3,478       3,560       3,688         927        809         899        843        971        804         914         871        948        881         900         959
Diluted EPS attributable to Mondel?z
International                            $  2.34     $  2.44     $  2.56     $  0.62     $ 0.54     $  0.61     $ 0.57     $ 0.66     $ 0.55     $  0.63      $ 0.60     $ 0.66     $ 0.61     $  0.62     $  0.67




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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 KDP for all quarters of
2020, 2019 and 2018 and for the years ended December 31, 2020, 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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