Earnings Per Share

9 Months Ended

Sep. 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 Nine Months Ended
	September 30,				September 30,
	2015		2014		2015		2014
	(in millions, except share and per share data)

Net earnings	$	7,268	$	902	$	8,007	$	1,694
Noncontrolling interest		2		3		11		10

Net earnings attributable to Mondelēz International	$	7,266	$	899	$	7,996	$	1,684


Weighted-average shares for basic EPS		1,609		1,688		1,627		1,695
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares		20		17		19		18

Weighted-average shares for diluted EPS		1,629		1,705		1,646		1,713


Basic earnings per share attributable to Mondelēz International	$	4.52	$	0.53	$	4.91	$	0.99
Diluted earnings per share attributable to Mondelēz International	$	4.46	$	0.53	$	4.86	$	0.98

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded less than 1 million antidilutive stock options for the three months and 10.8 million antidilutive stock options for the nine months ended September 30, 2015 and 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.