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Earnings Per Share
 3 Months Ended
Mar. 31, 2016
Earnings Per Share

Note 14.   Earnings Per Share

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

 

                                     
     For the Three Months Ended  
     March 31,  
     2016      2015  
     (in millions, except per share data)  

Net earnings

    $ 557       $ 312   

Noncontrolling interest (earnings) / losses

      (3 )       12   
  

 

 

     

 

 

  

Net earnings attributable to Mondelēz International

    $ 554       $ 324   
  

 

 

     

 

 

  

Weighted-average shares for basic EPS

      1,569         1,648   

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

      18         17   
  

 

 

     

 

 

  

Weighted-average shares for diluted EPS

      1,587         1,665   
  

 

 

     

 

 

  

Basic earnings per share attributable to Mondelēz International

    $ 0.35       $ 0.20   

Diluted earnings per share attributable to Mondelēz International

    $ 0.35       $ 0.19   

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 8.6 million antidilutive stock options for the three months ended March 31, 2016 and 10.9 million antidilutive stock options for the three months ended March 31, 2015.