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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Basic and Diluted Earnings Per Share

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

 

                                                        
     For the Years Ended December 31,  
     2015      2014      2013  
     (in millions, except per share data)  

Earnings from continuing operations (1)

   $  7,291       $ 2,201       $ 2,332   

Earnings from discontinued operations,
net of income taxes

                     1,603   
  

 

 

    

 

 

    

 

 

 

Net earnings

     7,291         2,201         3,935   

Noncontrolling interest

     24         17         20   
  

 

 

    

 

 

    

 

 

 

Net earnings attributable to Mondelēz International

   $ 7,267       $ 2,184       $ 3,915   
  

 

 

    

 

 

    

 

 

 

Weighted-average shares for basic EPS

     1,618         1,691         1,774   

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

     19         18         15   
  

 

 

    

 

 

    

 

 

 

Weighted-average shares for diluted EPS

     1,637         1,709         1,789   
  

 

 

    

 

 

    

 

 

 

Basic earnings per share attributable to
Mondelēz International:

        

Continuing operations

   $ 4.49       $ 1.29       $ 1.30   

Discontinued operations

                     0.91   
  

 

 

    

 

 

    

 

 

 

Net earnings attributable to Mondelēz International

   $ 4.49       $ 1.29       $ 2.21   
  

 

 

    

 

 

    

 

 

 

Diluted earnings per share attributable to
Mondelēz International:

        

Continuing operations

   $ 4.44       $ 1.28       $ 1.29   

Discontinued operations

                     0.90   
  

 

 

    

 

 

    

 

 

 

Net earnings attributable to Mondelēz International

   $ 4.44       $ 1.28       $ 2.19   
  

 

 

    

 

 

    

 

 

 

 

  (1) Earnings from continuing operations for the year ended December 31, 2015 includes a pre-tax charge of $778 million related to the deconsolidation of our Venezuelan operations. See Note 1, Summary of Significant Accounting Policies – Currency Translation and Highly Inflationary Accounting: Venezuela, for additional information.