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Earnings Per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The table below shows a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
 
Net (loss) income attributable to Chemours
 
$
(18
)
 
$
(18
)
 
$
33

 
$
25

Denominator:
 
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding - Basic 1
 
181,477,672

 
180,966,833

 
181,379,419

 
180,966,833

Dilutive effect of the company's employee compensation plans  2
 

 

 
668,410

 

Weighted average number of common shares outstanding - Diluted 2
 
181,477,672

 
180,966,833

 
182,047,829

 
180,966,833

 
1 For June 30, 2015, pro forma earnings per share was calculated based on 180,966,833 shares of Chemours common stock that were distributed to DuPont shareholders on July 1, 2015.
2 Diluted earnings per share is calculated using net income available to common shareholders divided by diluted weighted-average shares of common shares outstanding during each period, which includes unvested restricted shares. Diluted earnings per share considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an anti-dilutive effect.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following average number of stock options were antidilutive and, therefore, were not included in the diluted earnings per share calculation:
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2016
 
2015
 
2016
 
2015
Average number of stock options
 
7,356,050

 

 
8,028,762