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Earnings Per Share
6 Months Ended
Jun. 30, 2017
Earnings Per Share

Note  14. Earnings Per Share

Basic and diluted earnings per share (“EPS”) were calculated as follows:

 

     For the Three Months Ended
June 30,
     For the Six Months Ended
June 30,
 
     2017      2016      2017      2016  
     (in millions, except per share data)  

Net earnings

   $ 500      $ 471      $ 1,133      $ 1,028  

Noncontrolling interest (earnings)

     (2      (7      (5      (10
  

 

 

    

 

 

    

 

 

    

 

 

 

Net earnings attributable to Mondelēz International

   $ 498      $ 464      $ 1,128      $ 1,018  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average shares for basic EPS

     1,519        1,557        1,524        1,563  

Plus incremental shares from assumed conversions

of stock options and long-term incentive plan shares

     20        19        20        18  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average shares for diluted EPS

     1,539        1,576        1,544        1,581  
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share attributable to Mondelēz International

   $ 0.33      $ 0.30      $ 0.74      $ 0.65  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings per share attributable to Mondelēz International

   $ 0.32      $ 0.29      $ 0.73      $ 0.64  
  

 

 

    

 

 

    

 

 

    

 

 

 

We exclude antidilutive Mondelēz International stock options from our calculation of weighted-average shares for diluted EPS. We excluded antidilutive stock options of 8.6 million for the three months and 7.7 million for the six months ended June 30, 2017 and 6.5 million for the three months and 10.2 million for the six months ended June 30, 2016.