The following table presents the weighted average shares used in calculating basic earnings per common share and those used in calculating diluted earnings per common share for each income category presented below:



	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014			2013
	(In millions, except share and per share data)
Weighted Average Shares
Weighted average common stock outstanding for basic earnings per common share	1,127,986,031		1,097,889,347		1,126,876,090			1,096,815,883
Incremental common shares from assumed:
Stock purchase contracts underlying common equity units (1)	3,756,390		—		3,571,043			—
Exercise or issuance of stock-based awards	10,519,694		8,790,971		10,338,697			7,875,396
Weighted average common stock outstanding for diluted earnings per common share	1,142,262,115		1,106,680,318		1,140,785,830			1,104,691,279
Income (Loss) from Continuing Operations
Income (loss) from continuing operations, net of income tax	$	1,376	$	508	$	2,718		$	1,503
Less: Income (loss) from continuing operations, net of income tax, attributable to noncontrolling interests	10		8		21			14
Less: Preferred stock dividends	31		31		61			61
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders	$	1,335	$	469	$	2,636		$	1,428
Basic	$	1.18	$	0.43	$	2.34		$	1.30
Diluted	$	1.17	$	0.43	$	2.31		$	1.29
Income (Loss) from Discontinued Operations
Income (loss) from discontinued operations, net of income tax	$	—	$	2	$	(3	)	$	(1	)
Less: Income (loss) from discontinued operations, net of income tax, attributable to noncontrolling interests	—		—		—			—
Income (loss) from discontinued operations, net of income tax, available to MetLife, Inc.’s common shareholders	$	—	$	2	$	(3	)	$	(1	)
Basic	$	—	$	—	$	—		$	—
Diluted	$	—	$	—	$	—		$	—
Net Income (Loss)
Net income (loss)	$	1,376	$	510	$	2,715		$	1,502
Less: Net income (loss) attributable to noncontrolling interests	10		8		21			14
Less: Preferred stock dividends	31		31		61			61
Net income (loss) available to MetLife, Inc.’s common shareholders	$	1,335	$	471	$	2,633		$	1,427
Basic	$	1.18	$	0.43	$	2.34		$	1.30
Diluted	$	1.17	$	0.43	$	2.31		$	1.29

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(1)

See Note 15 of the Notes to the Consolidated Financial Statements included in the 2013 Annual Report for a description of the Company’s common equity units. For the three months and six months ended June 30, 2013, all shares related to the assumed issuance of shares in settlement of the applicable purchase contracts have been excluded from the calculation of diluted earnings per common share as these assumed shares are anti-dilutive.