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Earnings Per Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share

Note 15. Earnings Per Share

Basic and diluted earnings per share (“EPS”) were calculated as follows:

 

                                                        
     For the Years Ended December 31,  
     2016      2015      2014  
     (in millions, except per share data)  

Net earnings

    $ 1,669       $ 7,291       $ 2,201   

Noncontrolling interest

      (10 )       (24 )       (17 ) 
  

 

 

     

 

 

     

 

 

  

Net earnings attributable to Mondelēz International

    $ 1,659       $ 7,267       $ 2,184   
  

 

 

     

 

 

     

 

 

  

Weighted-average shares for basic EPS

      1,556         1,618         1,691   

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

      17         19         18   
  

 

 

     

 

 

     

 

 

  

Weighted-average shares for diluted EPS

      1,573         1,637         1,709   
  

 

 

     

 

 

     

 

 

  

Basic earnings per share attributable to
Mondelēz International

    $ 1.07       $ 4.49       $ 1.29   
  

 

 

     

 

 

     

 

 

  

Diluted earnings per share attributable to
Mondelēz International:

    $ 1.05       $ 4.44       $ 1.28   
  

 

 

     

 

 

     

 

 

  

 

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 7.8 million antidilutive stock options for the year ended December 31, 2016, 5.1 million antidilutive stock options for the year ended December 31, 2015 and 8.6 million antidilutive stock options for the year ended December 31, 2014.