EARNINGS PER SHARE CALCULATIONS

6 Months Ended

Jun. 30, 2020

The following tables provide earnings per share calculations for the three and six months ended June 30, 2020 and 2019:



Net Income for Earnings Per Share Calculations - Basic & Diluted	Three Months Ended June 30,						Six Months Ended June 30,
In millions	2020			2019			2020			2019
Loss from continuing operations, net of tax	$	(2,471	)	$	(1,103	)	$	(3,081	)	$	(1,177	)
Net income from continuing operations attributable to noncontrolling interests	7			9			13			13
Net income from continuing operations attributable to participating securities ¹	—			—			—			1
Loss from continuing operations attributable to common stockholders	$	(2,478	)	$	(1,112	)	$	(3,094	)	$	(1,191	)
Income from discontinued operations, net of tax	—			566			—			1,212
Net income from discontinued operations attributable to noncontrolling interests	—			25			—			72
Income from discontinued operations attributable to common stockholders	—			541			—			1,140
Net loss attributable to common stockholders	$	(2,478	)	$	(571	)	$	(3,094	)	$	(51	)



Earnings Per Share Calculations - Basic	Three Months Ended June 30,						Six Months Ended June 30,
Dollars per share	2020			2019			2020			2019
Loss from continuing operations attributable to common stockholders	$	(3.37	)	$	(1.48	)	$	(4.20	)	$	(1.59	)
Income from discontinued operations, net of tax	—			0.72			—			1.52
Net loss attributable to common stockholders	$	(3.37	)	$	(0.76	)	$	(4.20	)	$	(0.07	)



Earnings Per Share Calculations - Diluted	Three Months Ended June 30,						Six Months Ended June 30,
Dollars per share	2020			2019			2020			2019
Loss from continuing operations attributable to common stockholders	$	(3.37	)	$	(1.48	)	$	(4.20	)	$	(1.59	)
Income from discontinued operations, net of tax	—			0.72			—			1.52
Net loss attributable to common stockholders	$	(3.37	)	$	(0.76	)	$	(4.20	)	$	(0.07	)



Share Count Information	Three Months Ended June 30,		Six Months Ended June 30,
Shares in millions	2020	2019	2020	2019
Weighted-average common shares - basic	734.3	749.0	736.5	749.6
Plus dilutive effect of equity compensation plans	—	—	—	—
Weighted-average common shares - diluted	734.3	749.0	736.5	749.6
Stock options and restricted stock units excluded from EPS calculations ²	6.3	2.5	6.6	2.4


1.	Historical Dow restricted stock units are considered participating securities due to Historical Dow's practice of paying dividend equivalents on unvested shares.

2. These outstanding options to purchase shares of common stock and restricted stock units were excluded from the calculation of diluted earnings per share because the effect of including them would have been antidilutive.