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Earnings Per Share
 12 Months Ended
Dec. 31, 2017
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,  
     2017      2016      2015  
     (in millions, except per share data)  

Net earnings

    $ 2,936      $ 1,669      $ 7,291  

Noncontrolling interest (earnings)

      (14 )       (10 )       (24 ) 
  

 

 

     

 

 

     

 

 

  

Net earnings attributable to Mondelēz International

    $ 2,922      $ 1,659      $ 7,267  
  

 

 

     

 

 

     

 

 

  

Weighted-average shares for basic EPS

      1,513        1,556        1,618  

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

      18        17        19  
  

 

 

     

 

 

     

 

 

  

Weighted-average shares for diluted EPS

      1,531        1,573        1,637  
  

 

 

     

 

 

     

 

 

  

Basic earnings per share attributable to
Mondelēz International

    $ 1.93      $ 1.07      $ 4.49  
  

 

 

     

 

 

     

 

 

  

Diluted earnings per share attributable to
Mondelēz International

    $ 1.91      $ 1.05      $ 4.44  
  

 

 

     

 

 

     

 

 

  

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded antidilutive stock options of 8.5 million for the year ended December 31, 2017, 7.8 million for the year ended December 31, 2016 and 5.1 million for the year ended December 31, 2015.