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Earnings Per Share of Common Stock
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
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 periods.

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the Predecessor periods indicated below:
 
Predecessor
(In millions, except share amounts)
Three Months Ended June 30, 2017
Six Months Ended June 30, 2017
Numerator:
 
 
Income from continuing operations after income taxes attributable to DuPont
$
717

$
1,888

Preferred dividends
(3
)
(5
)
Income from continuing operations after income taxes available to DuPont common stockholders
714

1,883

 
 
 
Income from discontinued operations after income taxes available to DuPont common stockholders
145

87

 
 


Net income available to common stockholders
$
859

$
1,970

 
 
 
Denominator:
 
 
Weighted-average number of common shares outstanding - Basic
868,481,000

867,496,000

Dilutive effect of the company’s employee compensation plans
4,269,000

4,424,000

Weighted-average number of common shares outstanding - Diluted
872,750,000

871,920,000



The following average number of stock options were antidilutive, and therefore not included in the dilutive earnings per share calculations:
 
Predecessor
 
Three Months Ended June 30, 2017
Six Months Ended June 30, 2017
Average number of stock options

3,000