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Earnings per Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings per Share
Note 16. 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,
 
2019
 
2018
 
2019
 
2018
 
(in millions, except per share data)
Net earnings
$
1,428

 
$
1,197

 
$
3,156

 
$
2,569

Noncontrolling interest earnings
(5
)
 
(3
)
 
(12
)
 
(11
)
    Net earnings attributable to Mondelēz International
$
1,423

 
$
1,194

 
$
3,144

 
$
2,558

Weighted-average shares for basic EPS
1,445

 
1,466

 
1,446

 
1,477

Plus incremental shares from assumed conversions
    of stock options and long-term incentive plan shares
13

 
14

 
13

 
14

Weighted-average shares for diluted EPS
1,458

 
1,480

 
1,459

 
1,491

Basic earnings per share attributable to
    Mondelēz International
$
0.98

 
$
0.81

 
$
2.17

 
$
1.73

Diluted earnings per share attributable to
    Mondelēz International
$
0.98

 
$
0.81

 
$
2.15

 
$
1.72



We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded antidilutive stock options of 2.8 million in the third quarter of 2019 and 12.2 million in the third quarter of 2018 and 4.8 million in the first nine months of 2019 and 11.5 million in the first nine months of 2018.