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EARNINGS AND DIVIDENDS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings per share, basic and diluted
The following table sets forth the computation of basic and diluted earnings per share ("EPS") from continuing operations:
 
Third Quarter
 
First Nine Months
 
2015
 
2014
 
2015
 
2014
(In millions, except per share amounts)
 
 
 
 

 

Numerator
 
 
 
 
 
 
 
Earnings attributable to Eastman:
 
 
 
 
 
 
 
Earnings from continuing operations, net of tax
$
256

 
$
210

 
$
724

 
$
733

 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Weighted average shares used for basic EPS
148.6

 
148.7

 
148.6

 
149.8

Dilutive effect of stock options and other awards
1.2

 
1.6

 
1.2

 
1.7

Weighted average shares used for diluted EPS
149.8

 
150.3

 
149.8

 
151.5

 
 
 
 
 
 
 
 
EPS from continuing operations (1)
 
 
 
 
 
 
 
Basic
$
1.73

 
$
1.41

 
$
4.87

 
$
4.89

Diluted
$
1.71

 
$
1.39

 
$
4.83

 
$
4.83