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EARNINGS AND DIVIDENDS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2016
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"):
 
Second Quarter
 
First Six Months
(In millions, except per share amounts)
2016
 
2015
 
2016
 
2015
Numerator
 
 
 
 
 
 
 
Earnings attributable to Eastman:
 
 
 
 
 
 
 
Earnings, net of tax
$
255

 
$
297

 
$
506

 
$
468

 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Weighted average shares used for basic EPS
147.8

 
148.6

 
147.8

 
148.6

Dilutive effect of stock options and other awards
1.1

 
1.2

 
1.1

 
1.2

Weighted average shares used for diluted EPS
148.9

 
149.8

 
148.9

 
149.8

 
 
 
 
 
 
 
 
EPS (1)
 
 
 
 
 
 
 
Basic
$
1.73

 
$
2.00

 
$
3.43

 
$
3.15

Diluted
$
1.71

 
$
1.98

 
$
3.40

 
$
3.12