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Earnings Per Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share

Note 15.  Earnings Per Share

Basic and diluted earnings per share (“EPS”) were calculated using the following:

 

                                     
     For the Three Months Ended  
     March 31,  
     2014     2013  
     (in millions, except per share data)  

Net earnings

    $ 150      $ 542   

Noncontrolling interest

      (13 )      6   
  

 

 

    

 

 

  

Net earnings attributable to Mondelēz International

    $ 163      $ 536   
  

 

 

    

 

 

  

Weighted-average shares for basic EPS

      1,704        1,784   

Plus incremental shares from assumed conversions of
stock options and long-term incentive plan shares

      18        14   
  

 

 

    

 

 

  

Weighted-average shares for diluted EPS

      1,722        1,798   
  

 

 

    

 

 

  

Basic earnings per share attributable to Mondelēz International

    $ 0.10      $ 0.30   

Diluted earnings per share attributable to Mondelēz International

    $ 0.09      $ 0.30   

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 4.7 million antidilutive options for the three months ended March 31, 2014 and 10.5 million antidilutive options for the three months ended March 31, 2013. We also evaluated the ASR agreement for the potential dilutive effects of any shares remaining to be received upon final ASR settlement. We determined that the additional shares would be anti-dilutive and therefore were not included in our EPS calculation for the three months ended March 31, 2014.