Mondelēz International is a multinational confectionery, food, and beverage company spun off from Kraft Foods in 2012. It owns major brands including Cadbury, Oreo, Toblerone, Milka, Vegemite (until 2017), and Philadelphia cream cheese. In Australia, Mondelēz is best known for owning Cadbury and formerly Vegemite, and has faced scrutiny over shrinkflation practices and offshore manufacturing decisions affecting local jobs.