Earnings Per Share of Common Stock

3 Months Ended

Mar. 31, 2016

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:



	Three Months Ended
	March 31,
	2016			2015
Numerator:
Income from continuing operations after income taxes attributable to DuPont	$	1,223		$	1,017
Preferred dividends	(2		)	(2		)
Income from continuing operations after income taxes available to DuPont common stockholders	$	1,221		$	1,015

Income from discontinued operations after income taxes available to DuPont common stockholders	$	3		$	14

Net income available to common stockholders	$	1,224		$	1,029

Denominator:
Weighted-average number of common shares outstanding - Basic	873,546,000			906,835,000
Dilutive effect of the company’s employee compensation plans	3,705,000			6,984,000
Weighted-average number of common shares outstanding - Diluted	877,251,000			913,819,000

The following average number of stock options were antidilutive, and therefore not included in the dilutive earnings per share calculations:



	Three Months Ended
	March 31,
	2016	2015
Average number of stock options	5,104,000	—

The change in the average number of stock options that were antidilutive in the three months ended March 31, 2016 compared to the same period last year was due to changes in the company's average stock price.