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Earnings per Share
3 Months Ended
Mar. 31, 2023
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
March 31,
20232022
 (in millions, except per share data)
Net earnings$2,089 $861 
Noncontrolling interest earnings(8)(6)
Net earnings attributable to Mondelēz International$2,081 $855 
Weighted-average shares for basic EPS1,366 1,389 
Plus incremental shares from assumed conversions
   of stock options and long-term incentive plan shares
Weighted-average shares for diluted EPS1,373 1,398 
Basic earnings per share attributable to
   Mondelēz International
$1.52 $0.62 
Diluted earnings per share attributable to
   Mondelēz International
$1.52 $0.61 

We exclude antidilutive Mondelēz International stock options and long-term incentive plan shares from our calculation of weighted-average shares for diluted EPS, which are 2.2 million in the first quarter of 2023 and 2.1 million in the first quarter of 2022.