EARNINGS PER SHARE OF COMMON STOCK

Upon completion of the Merger, each share of DuPont Common Stock was converted into the right to receive 1.2820 fully paid and non-assessable shares of DowDuPont Common Stock, in addition to cash in lieu of any fractional shares of DowDuPont Common Stock issued and therefore earnings per share of common stock information is not presented for the Successor period.

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



	Predecessor
(In millions, except share amounts)	Three Months Ended March 31, 2017
Numerator:
Income from continuing operations after income taxes attributable to DuPont	$	1,171
Preferred dividends	(2		)
Income from continuing operations after income taxes available to DuPont common stockholders	$	1,169

Loss from discontinued operations after income taxes available to DuPont common stockholders	(58		)

Net income available to common stockholders	$	1,111

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

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



	Predecessor
	Three Months Ended March 31, 2017
Average number of stock options	6,000