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MDLZ (Mondelez International) Gross Property, Plant and Equipment : $18,900 Mil (As of Sep. 2024)


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What is Mondelez International Gross Property, Plant and Equipment?

Mondelez International's quarterly gross PPE declined from Mar. 2024 ($18,239 Mil) to Jun. 2024 ($18,190 Mil) but then increased from Jun. 2024 ($18,190 Mil) to Sep. 2024 ($18,900 Mil).

Mondelez International's annual gross PPE increased from Dec. 2021 ($16,705 Mil) to Dec. 2022 ($16,891 Mil) and increased from Dec. 2022 ($16,891 Mil) to Dec. 2023 ($18,373 Mil).


Mondelez International Gross Property, Plant and Equipment Historical Data

The historical data trend for Mondelez International's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mondelez International Gross Property, Plant and Equipment Chart

Mondelez International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,105.00 16,993.00 16,705.00 16,891.00 18,373.00

Mondelez International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,381.00 18,373.00 18,239.00 18,190.00 18,900.00

Mondelez International Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Mondelez International  (NAS:MDLZ) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Mondelez International Gross Property, Plant and Equipment Related Terms

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Mondelez International Business Description

Address
905 West Fulton Market, Suite 200, Chicago, IL, USA, 60607
Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack enclave with a presence in the biscuit (49% of sales), chocolate (30%), gum/candy (12%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2023. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives around one third of revenue from developing markets, just more than one third from Europe, and the remainder from North America.
Executives
Hart Cees 't director C/O MONDELEZ INTERNATIONAL, 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Deepak D. Iyer officer: EVP and President AMEA C/O MONDELEZ INTERNATIONAL, INC., 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Anindita Mukherjee director 8501 WILLIAMS ROAD, ESTERO FL 33928
Maurizio Brusadelli officer: EVP and President Asia Pac MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Daniel E Ramos officer: Chief Res & Dev Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Ertharin Cousin director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Robin S. Hargrove officer: EVP, Research, Dev & Quality C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60048
Mariano Lozano officer: EVP and President, LA C/O THE DANONE COMPANY, INC., 100 HILLSIDE AVENUE, WHITE PLAINS NY 10603
Fredric G Reynolds director PINTEREST, INC., 651 BRANNAN, SAN FRANCISCO CA 94107
Vinzenz P. Gruber officer: EVP and President, Europe C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Trian Fund Management, L.p. director 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Glen Walter officer: EVP & President, North America THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Charles E Bunch director PPG INDUSTRIES INC., ONE PPG PLACE, PITTSBURGH PA 15272
Michael Andrew Call officer: VP, Corporate Controller & CAO 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Jane Nielsen director 516 WEST 34TH STREET, NEW YORK NY 10001