Earnings Per Share

6 Months Ended

Jun. 30, 2015

Note 14. 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,
	2015		2014		2015		2014
	(in millions, except per share data)

Net earnings	$	427	$	642	$	739	$	792
Noncontrolling interest		21		20		9		7

Net earnings attributable to Mondelēz International	$	406	$	622	$	730	$	785


Weighted-average shares for basic EPS		1,625		1,694		1,637		1,699
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares		18		18		17		18

Weighted-average shares for diluted EPS		1,643		1,712		1,654		1,717


Basic earnings per share attributable to Mondelēz International	$	0.25	$	0.37	$	0.45	$	0.46
Diluted earnings per share attributable to Mondelēz International	$	0.25	$	0.36	$	0.44	$	0.46

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 12.6 million antidilutive stock options for the three months and 13.2 million antidilutive stock options for the six months ended June 30, 2015 and 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.