Mondelēz International Inc., current enterprise value calculation

Current share price (P)	$57.86
No. shares of common stock outstanding	1,337,194,254
US$ in millions
Common equity (market value)¹	77,370)
Add: Noncontrolling interest (per books)	34)
Total equity	77,404)
Add: Short-term borrowings (per books)	420)
Add: Current portion of long-term debt (per books)	2,101)
Add: Long-term debt, excluding current portion (per books)	16,887)
Total equity and debt	96,812)
Less: Cash and cash equivalents	1,810)
Enterprise value (EV)	95,002)

¹ Common equity (market value) = Share price × No. shares of common stock outstanding
= 57.86 × 1,337,194,254

Mondelēz International Inc., EV calculation

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Share price^1, 2	$76.87	$65.91	$67.02	$56.21	$58.66
No. shares of common stock outstanding¹	1,346,477,411	1,363,306,849	1,388,328,044	1,412,114,559	1,432,943,006
US$ in millions
Common equity (market value)³	103,504)	89,856)	93,046)	79,375)	84,056)
Add: Noncontrolling interest (book value)	34)	37)	54)	76)	76)
Total equity	103,538)	89,893)	93,100)	79,451)	84,132)
Add: Short-term borrowings (book value)	420)	2,299)	216)	29)	2,638)
Add: Current portion of long-term debt (book value)	2,101)	383)	1,746)	2,741)	1,581)
Add: Long-term debt, excluding current portion (book value)	16,887)	20,251)	17,550)	17,276)	14,207)
Total equity and debt	122,946)	112,826)	112,612)	99,497)	102,558)
Less: Cash and cash equivalents	1,810)	1,923)	3,546)	3,619)	1,291)
Enterprise value (EV)	121,136)	110,903)	109,066)	95,878)	101,267)

¹ Data adjusted for splits and stock dividends.

² Closing price as at the filing date of Mondelēz International Inc. Annual Report.

³ 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 76.87 × 1,346,477,411

Download chart

Item	Description	The company
EV	Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments.	Mondelēz International Inc. EV increased from 2021 to 2022 and from 2022 to 2023.

Mondelēz International Inc. (NASDAQ:MDLZ)

Enterprise Value (EV)