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Earnings per Share
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Earnings per Share
Note 15. 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,
 2021202020212020
 (in millions, except per share data)
Net earnings$1,262 $1,122 $3,309 $2,410 
Noncontrolling interest earnings(4)(3)(12)(11)
Net earnings attributable to
   Mondelēz International
$1,258 $1,119 $3,297 $2,399 
Weighted-average shares for basic EPS1,399 1,432 1,406 1,432 
Plus incremental shares from assumed conversions
   of stock options and long-term incentive plan shares
10 10 
Weighted-average shares for diluted EPS1,408 1,442 1,415 1,442 
Basic earnings per share attributable to
   Mondelēz International
$0.90 $0.78 $2.34 $1.68 
Diluted earnings per share attributable to
   Mondelēz International
$0.89 $0.78 $2.33 $1.66 

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded antidilutive stock options and performance share units of 2.7 million in the third quarter of 2021 and 2.8 million in the third quarter of 2020 and 3.0 million in the first nine months of 2021 and 3.6 million in the first nine months of 2020.