Earnings Per Common Share

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Earnings Per Common Share

14. Earnings Per Common Share

The following table presents the weighted average shares, basic earnings per common share and diluted earnings per common share for each income category presented:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
	(In millions, except per share data)
Weighted Average Shares:
Weighted average common stock outstanding for basic earnings per common share	1,062.3			1,100.5			1,075.5			1,100.6
Incremental common shares from assumed exercise or issuance of stock-based awards	9.2			8.8			8.5			8.4
Weighted average common stock outstanding for diluted earnings per common share	1,071.5			1,109.3			1,084.0			1,109.0
Income (Loss) from Continuing Operations:
Income (loss) from continuing operations, net of income tax	$	893		$	1,024		$	2,630		$	4,269
Less: Income (loss) from continuing operations, net of income tax, attributable to noncontrolling interests	6			(4		)	12			2
Less: Preferred stock dividends	6			6			58			58
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders	$	881		$	1,022		$	2,560		$	4,209
Basic	$	0.83		$	0.93		$	2.38		$	3.82
Diluted	$	0.82		$	0.92		$	2.36		$	3.80
Income (Loss) from Discontinued Operations:
Income (loss) from discontinued operations, net of income tax	$	(968	)	$	(451	)	$	(989	)	$	(1,379	)
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	$	(968	)	$	(451	)	$	(989	)	$	(1,379	)
Basic	$	(0.91	)	$	(0.41	)	$	(0.92	)	$	(1.25	)
Diluted	$	(0.90	)	$	(0.41	)	$	(0.91	)	$	(1.25	)
Net Income (Loss):
Net income (loss)	$	(75	)	$	573		$	1,641		$	2,890
Less: Net income (loss) attributable to noncontrolling interests	6			(4		)	12			2
Less: Preferred stock dividends	6			6			58			58
Net income (loss) available to MetLife, Inc.’s common shareholders	$	(87	)	$	571		$	1,571		$	2,830
Basic	$	(0.08	)	$	0.52		$	1.46		$	2.57
Diluted	$	(0.08	)	$	0.51		$	1.45		$	2.55