The unaudited quarterly results of operations for 2016 and 2015 are summarized in the table below:



	Three Months Ended
	March 31,		June 30,			September 30,			December 31,
	(In millions, except per share data)
2016
Total revenues	$	16,097	$	16,025		$	15,833		$	12,635
Total expenses	$	13,780	$	13,979		$	14,674		$	14,017
Income (loss) from continuing operations, net of income tax	$	1,770	$	1,475		$	1,024		$	(795	)
Income (loss) from discontinued operations, net of income tax	$	433	$	(1,361	)	$	(451	)	$	(1,291	)
Net income (loss)	$	2,203	$	114		$	573		$	(2,086	)
Less: Net income (loss) attributable to noncontrolling interests	$	2	$	4		$	(4	)	$	2
Net income (loss) attributable to MetLife, Inc.	$	2,201	$	110		$	577		$	(2,088	)
Less: Preferred stock dividends	$	6	$	46		$	6		$	45
Preferred stock repurchase premium	$	—	$	—		$	—		$	—
Net income (loss) available to MetLife, Inc.’s common shareholders	$	2,195	$	64		$	571		$	(2,133	)
Basic earnings per common share
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders	$	1.60	$	1.30		$	0.93		$	(0.77	)
Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc.	$	0.39	$	(1.24	)	$	(0.41	)	$	(1.17	)
Net income (loss) attributable to MetLife, Inc.	$	2.00	$	0.10		$	0.52		$	(1.90	)
Net income (loss) available to MetLife, Inc.’s common shareholders	$	1.99	$	0.06		$	0.52		$	(1.94	)
Diluted earnings per common share (1)
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders	$	1.59	$	1.29		$	0.92		$	(0.77	)
Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc.	$	0.39	$	(1.23	)	$	(0.41	)	$	(1.17	)
Net income (loss) attributable to MetLife, Inc.	$	1.99	$	0.10		$	0.52		$	(1.90	)
Net income (loss) available to MetLife, Inc.’s common shareholders	$	1.98	$	0.06		$	0.51		$	(1.94	)
2015
Total revenues	$	16,255	$	14,225		$	15,864		$	14,990
Total expenses	$	13,875	$	13,546		$	14,079		$	14,126
Income (loss) from continuing operations, net of income tax	$	1,685	$	801		$	897		$	625
Income (loss) from discontinued operations, net of income tax	$	478	$	318		$	301		$	217
Net income (loss)	$	2,163	$	1,119		$	1,198		$	842
Less: Net income (loss) attributable to noncontrolling interests	$	5	$	4		$	(5	)	$	8
Net income (loss) attributable to MetLife, Inc.	$	2,158	$	1,115		$	1,203		$	834
Less: Preferred stock dividends	$	30	$	31		$	6		$	49
Preferred stock repurchase premium	$	—	$	42		$	—		$	—
Net income (loss) available to MetLife, Inc.’s common shareholders	$	2,128	$	1,042		$	1,197		$	785
Basic earnings per common share
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders	$	1.47	$	0.65		$	0.80		$	0.51
Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc.	$	0.42	$	0.28		$	0.27		$	0.20
Net income (loss) attributable to MetLife, Inc.	$	1.92	$	1.00		$	1.08		$	0.75
Net income (loss) available to MetLife, Inc.’s common shareholders	$	1.89	$	0.93		$	1.07		$	0.71
Diluted earnings per common share
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders	$	1.45	$	0.64		$	0.79		$	0.51
Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc.	$	0.42	$	0.28		$	0.27		$	0.19
Net income (loss) attributable to MetLife, Inc.	$	1.90	$	0.99		$	1.06		$	0.74
Net income (loss) available to MetLife, Inc.’s common shareholders	$	1.87	$	0.92		$	1.06		$	0.70

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(1)	For the three months ended December 31, 2016, 9.2 million shares related to the assumed exercise or issuance of stock-based awards have been excluded from the weighted average common shares outstanding - diluted, as to include these assumed shares would be anti-dilutive to net income (loss) available to common shareholders per common share - diluted.