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Earnings Per Common Share
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Common Share
14. Earnings Per Common Share
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 
 September 30,
 
Nine Months 
 Ended 
 September 30,
 
 
2016
 
2015
 
2016
 
2015
 
 
(In millions, except share and per share data)
Weighted Average Shares:
 
 
 
 
 
 
 
 
Weighted average common stock outstanding for basic earnings per common share
 
1,100,504,563

 
1,118,856,041

 
1,100,558,083

 
1,120,130,708

Incremental common shares from assumed:
 
 
 
 
 
 
 
 
Exercise or issuance of stock-based awards
 
8,749,753

 
11,085,040

 
8,445,077

 
10,575,611

Weighted average common stock outstanding for diluted earnings per common share
 
1,109,254,316

 
1,129,941,081

 
1,109,003,160

 
1,130,706,319

Net Income (Loss):
 
 
 
 
 
 
 
 
Net income (loss)
 
$
573

 
$
1,198

 
$
2,890

 
$
4,480

Less: Net income (loss) attributable to noncontrolling interests
 
(4
)
 
(5
)
 
2

 
4

Less: Preferred stock dividends
 
6

 
6

 
58

 
67

 Preferred stock repurchase premium
 

 

 

 
42

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
571

 
$
1,197

 
$
2,830

 
$
4,367

Basic
 
$
0.52

 
$
1.07

 
$
2.57

 
$
3.90

Diluted
 
$
0.51

 
$
1.06

 
$
2.55

 
$
3.86