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Earnings Per Share
6 Months Ended
Jun. 30, 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      For the Six Months Ended  
     June 30,      June 30,  
     2014      2013      2014      2013  
     (in millions, except per share data)  

Net earnings

   $ 642       $ 602       $ 792       $ 1,144   

Noncontrolling interest

     20         1         7         7   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net earnings attributable to
Mondelēz International

   $ 622       $ 601       $ 785       $ 1,137   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average shares for basic EPS

     1,694         1,788         1,699         1,786   

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

     18         15         18         14   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average shares for diluted EPS

     1,712         1,803         1,717         1,800   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share attributable to
Mondelēz International:

   $ 0.37       $ 0.34       $ 0.46       $ 0.64   

Diluted earnings per share attributable to
Mondelēz International:

   $ 0.36       $ 0.33       $ 0.46       $ 0.63   

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 9.9 million antidilutive stock options for the three months and 7.3 million antidilutive stock options for the six months ended June 30, 2014 and we excluded 8.1 million antidilutive stock options for the three months and 8.6 million antidilutive stock options for the six months ended June 30, 2013.