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Earnings Per Share
3 Months Ended
Mar. 31, 2015
Earnings Per Share

Note 14.  Earnings Per Share

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

 

     For the Three Months Ended  
     March 31,  
     2015      2014  
     (in millions, except per share data)  

Net earnings

   $ 312       $ 150   

Noncontrolling interest

     (12      (13
  

 

 

    

 

 

 

Net earnings attributable to Mondelēz International

$ 324    $ 163   
  

 

 

    

 

 

 

Weighted-average shares for basic EPS

  1,648      1,704   

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

  17      18   
  

 

 

    

 

 

 

Weighted-average shares for diluted EPS

  1,665      1,722   
  

 

 

    

 

 

 

Basic earnings per share attributable to Mondelēz International

$ 0.20    $ 0.10   

Diluted earnings per share attributable to Mondelēz International

$ 0.19    $ 0.09   

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 10.9 million antidilutive stock options for the three months ended March 31, 2015 and 4.7 million antidilutive stock options for the three months ended March 31, 2014.