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Earnings per Share
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share:

Unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents are participating securities and therefore are included in PMI’s earnings per share calculation pursuant to the two-class method.

Basic and diluted earnings per share (“EPS”) were calculated using the following:
 
For the Years Ended December 31,
(in millions)
2017
 
2016
 
2015
Net earnings attributable to PMI
$
6,035

 
$
6,967

 
$
6,873

Less distributed and undistributed earnings attributable to share-based payment awards
14

 
19

 
24

Net earnings for basic and diluted EPS
$
6,021

 
$
6,948

 
$
6,849

Weighted-average shares for basic EPS
1,552

 
1,551

 
1,549

Plus contingently issuable performance stock units (PSUs)
1

 
—

 
—

Weighted-average shares for diluted EPS
1,553

 
1,551

 
1,549



For the 2017, 2016 and 2015 computations, there were no antidilutive stock options.