Analyzing the Allowance for Uncollectible Accounts

Following is the current asset section from the

Mondelez

balance sheet.

$ millions

Current Year

Prior Year

Cash and cash equivalents

$.........................$

$ $1,100$

$

$761$

Trade receivables $($net of allowances of $$40$ and $$50)$

$.....$

$2,262$

$2,691$

Other receivables $($net of allowances of $$47$ and $$98)$

$.....$

$744$

$835$

Inventories, net

$...................................$

$2,592$

$2,557$

Other current assets

$...............................$

$906$

$676$

Total current assets

$...............................$

$ $7,604$

$ $7,520$

Total assets

$......................................$

$$62,729$

$$62,957$