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EARNINGS AND DIVIDENDS PER SHARE
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS AND DIVIDENDS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share ("EPS") which are calculated using the treasury stock method:
 First Quarter
(In millions, except per share amounts)20252024
Numerator
Earnings attributable to Eastman, net of tax $182 $165 
Denominator
Weighted average shares used for basic EPS115.2117.4
Dilutive effect of stock options and other awards1.30.8
Weighted average shares used for diluted EPS116.5118.2
(Calculated using whole dollars and shares)
EPS
Basic$1.58 $1.40 
Diluted$1.57 $1.39 

Shares underlying stock options of 1,716,564 and 1,583,247 for first quarter 2025 and 2024, respectively, were excluded from the calculations of diluted EPS because the grant date exercise price of these options was greater than the average market price of the Company's common stock and the effect of including them in the calculations of diluted EPS would have been antidilutive. No shares were repurchased in first quarter 2025 or 2024.
The Company declared cash dividends of $0.83 and $0.81 per share for first quarter 2025 and 2024, respectively.