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Earnings per Share | 3 Months Ended
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Mar. 31, 2024
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, |  |
| 2024 |  | 2023 |  |  |  |
| (in millions, except per share data)
Net earnings | $ | 1,416 |  |  | $ | 2,089 |  |  |  |  |
less: Noncontrolling interest earnings | (4) |  |  | (8) |  |  |  |  |
Net earnings attributable to Mondelēz International | $ | 1,412 |  |  | $ | 2,081 |  |  |  |  |
Weighted-average shares for basic EPS | 1,348 |  |  | 1,366 |  |  |  |  |
Plus incremental shares from assumed conversions of stock options and long-term incentive plan shares | 7 |  |  | 7 |  |  |  |  |
Weighted-average shares for diluted EPS | 1,355 |  |  | 1,373 |  |  |  |  |
Basic earnings per share attributable to Mondelēz International | $ | 1.05 |  |  | $ | 1.52 |  |  |  |  |
Diluted earnings per share attributable to Mondelēz International | $ | 1.04 |  |  | $ | 1.52 |  |  |  |  |
We exclude antidilutive Mondelēz International stock options and long-term incentive plan shares from our calculation of weighted-average shares for diluted EPS. We excluded antidilutive stock options and performance share units of 2.7 million for the three months ended March 31, 2024 and 2.2 million for the three months ended March 31, 2023.

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