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Earnings Per Share
 9 Months Ended
Sep. 30, 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
September 30,		      For the Nine Months Ended
September 30,		  
     2017      2016      2017      2016  
     (in millions, except per share data)  

Net earnings

    $ 993      $ 548      $ 2,126      $ 1,576  

Noncontrolling interest (earnings)

      (1 )       –        (6 )       (10 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

Net earnings attributable to Mondelēz International

    $ 992      $ 548      $ 2,120      $ 1,566  
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted-average shares for basic EPS

      1,507        1,557        1,518        1,561  

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

      17        19        19        18  
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted-average shares for diluted EPS

      1,524        1,576        1,537        1,579  
  

 

 

     

 

 

     

 

 

     

 

 

  

Basic earnings per share attributable to
Mondelēz International

    $ 0.66      $ 0.35      $ 1.40      $ 1.00  
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted earnings per share attributable to
Mondelēz International

    $ 0.65      $ 0.35      $ 1.38      $ 0.99  
  

 

 

     

 

 

     

 

 

     

 

 

  

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded antidilutive stock options of 9.0 million for the three months and 8.0 million for the nine months ended September 30, 2017 and 4.3 million for the three months and 7.7 million for the nine months ended September 30, 2016.