date:May 09, 2014
ements, including a separation of the Mondelēz coffee business from the rest of the company and a major corporate restructuring program.
Net income of Mondelēz in the first quarter was $163 million, equal to 10c per share on the common stock, down 70% from $536 million, or 30c. Net sales were $8,641 million, down 1.2% from the first quarter of 2013.
Results included a pre-tax loss of $494 million related to a tender offer for $1.6 billion in debt, and a pre-tax loss of $142 million, related