Common Sense Note
Parents need to know that this movie has some crude potty humor and some moments of mild peril and tension. The king hires a hit man to get rid of Shrek -- luckily it's a small cat. Shrek and friends steal potions from the scheming fairy godmother. The only casualties are an enchanted character and a couple of fish.
Sexual
Content
Plenty of innuendo, especially when Donkey and Shrek take the potions and become "sexy." Some ogre kissing, and mermaid kissing. Pinocchio can't lie that he's wearing ladies' underwear.
Violence
Comic violence, no one hurt except a giant gingerbread man.
Language
Some mild naughty words: "ass," "oh my God," etc.
Social
Behavior
Shrek learns to accept himself. But movie also includes some crude potty humor.
Consumerism
Plenty of fake commercialism in the commercial district of Far Far Away: retail shops, a version of Starbucks, and fast food.
Drugs / Tobacco /
Alcohol
Brief drug joke -- but the drug is really catnip.