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Earnings Per Share
 3 Months Ended
Mar. 31, 2017
Earnings Per Share

Note 14.   Earnings Per Share

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

 

     For the Three Months Ended  
     March 31,  
     2017      2016  
     (in millions, except per share data)  

Net earnings

    $ 633      $ 557  

Noncontrolling interest earnings

      (3 )       (3 ) 
  

 

 

     

 

 

  

Net earnings attributable to Mondelēz International

    $ 630      $ 554  
  

 

 

     

 

 

  

Weighted-average shares for basic EPS

      1,529        1,569  

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

      21        18  
  

 

 

     

 

 

  

Weighted-average shares for diluted EPS

      1,550        1,587  
  

 

 

     

 

 

  

Basic earnings per share attributable to Mondelēz International

    $ 0.41      $ 0.35  
  

 

 

     

 

 

  

Diluted earnings per share attributable to Mondelēz International

    $ 0.41      $ 0.35  
  

 

 

     

 

 

  

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded 6.7 million antidilutive stock options for the three months ended March 31, 2017 and 8.6 million antidilutive stock options for the three months ended March 31, 2016.