mondelez international

Fortune 500 rank: 88

In October, Kraft Foods spun off its $36 billion global snack foods division into Mondelez (roughly "delicious world" in Spanish.) The new internationally-focused company is home to powerhouse brands such as Oreos, Ritz, and Trident. The remaining company was renamed Kraft Foods Group and sells grocery brands such as Oscar Meyer, Nabisco, and Planters in North America. Both companies stumbled in their first quarters, with revenue declining 2% for snacks and 11% for groceries. Warren Buffett wasn't thrilled with the split and unloaded shares in both Kraft and Mondelez, but both stocks have seen double-digit increases since the parting.

  @FortuneMagazine - Last updated May 06 2013 12:46 PM ET
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