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Earnings Per Share
 9 Months Ended
Sep. 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 Nine Months Ended  
     September 30,      September 30,  
     2014      2013      2014      2013  
     (in millions, except per share data)  

Net earnings

    $ 902       $ 1,018       $ 1,694       $ 2,162   

Noncontrolling interest

      3         6         10         13   
  

 

 

     

 

 

     

 

 

     

 

 

  

Net earnings attributable to
Mondelēz International

    $ 899       $ 1,012       $ 1,684       $ 2,149   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted-average shares for basic EPS

      1,688         1,779         1,695         1,783   

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

      17         15         18         15   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted-average shares for diluted EPS

      1,705         1,794         1,713         1,798   
  

 

 

     

 

 

     

 

 

     

 

 

  

Basic earnings per share attributable to
Mondelēz International:

    $ 0.53       $ 0.57       $ 0.99       $ 1.21   

Diluted earnings per share attributable to
Mondelēz International:

    $ 0.53       $ 0.56       $ 0.98       $ 1.20   

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 9.7 million antidilutive stock options for the three months and 8.1 million antidilutive stock options for the nine months ended September 30, 2014 and we excluded 8.0 million antidilutive stock options for the three months and 9.7 million antidilutive stock options for the nine months ended September 30, 2013.