Property, Plant and Equipment

6 Months Ended

Jun. 30, 2025

Property, Plant and Equipment [Abstract]

Note 4. Property, Plant and Equipment

Property, plant and equipment consisted of the following:


	As of June 30, 2025		As of December 31, 2024
	(in millions)
Land and land improvements	$	404	$	373
Buildings and building improvements	3,807		3,453
Machinery and equipment	14,227		12,732
Construction in progress	1,024		1,058
	19,462		17,616
Accumulated depreciation	(9,149)		(8,135)
Property, plant and equipment, net	$	10,313	$	9,481

For the six months ended June 30, 2025, capital expenditures of $582 million excluded $366 million of accrued capital expenditures remaining unpaid at June 30, 2025 and included payment for the $458 million of capital expenditures that were accrued and unpaid at December 31, 2024. For the six months ended June 30, 2024, capital expenditures of $666 million excluded $364 million of accrued capital expenditures remaining unpaid at June 30, 2024 and included payment for the $471 million of capital expenditures that were accrued and unpaid at December 31, 2023.

Mondelez International, Inc. 10-Q