Earnings Per Share of Common Stock

3 Months Ended

Mar. 31, 2017

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,
	2017			2016
Numerator:
Income from continuing operations after income taxes attributable to DuPont	$	1,330		$	1,223
Preferred dividends	(2		)	(2		)
Income from continuing operations after income taxes available to DuPont common stockholders	$	1,328		$	1,221

(Loss) income from discontinued operations after income taxes available to DuPont common stockholders	$	(217	)	$	3

Net income available to common stockholders	$	1,111		$	1,224

Denominator:
Weighted-average number of common shares outstanding - Basic	866,516,000			873,546,000
Dilutive effect of the company’s employee compensation plans	4,567,000			3,705,000
Weighted-average number of common shares outstanding - Diluted	871,083,000			877,251,000

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,
	2017	2016
Average number of stock options	6,000	5,104,000

The change in the average number of stock options that were antidilutive in the three months ended March 31, 2017, compared to the same period last year was due to changes in the company's average stock price.