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Earnings Per Common Share
6 Months Ended
Jun. 30, 2018
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
June 30,
 
Six Months
Ended
June 30,
 
 
2018
 
2017
 
2018

2017
 
 
(In millions, except per share data)
Weighted Average Shares:
 
 
 
 
 
 
 
 
Weighted average common stock outstanding for basic earnings per common share
 
1,015.6

 
1,074.0

 
1,025.7

 
1,082.1

Incremental common shares from assumed exercise or issuance of stock-based awards
 
8.2

 
8.1

 
8.3

 
8.3

Weighted average common stock outstanding for diluted earnings per common share
 
1,023.8

 
1,082.1

 
1,034.0

 
1,090.4

Income (Loss) from Continuing Operations:
 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net of income tax
 
$
894

 
$
856

 
$
2,151

 
$
1,808

Less: Income (loss) from continuing operations, net of income tax, attributable to noncontrolling interests
 
3

 
3

 
7

 
6

Less: Preferred stock dividends
 
46

 
46

 
52

 
52

Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders
 
$
845

 
$
807

 
$
2,092

 
$
1,750

Basic
 
$
0.83

 
$
0.76

 
$
2.04

 
$
1.62

Diluted
 
$
0.83

 
$
0.75

 
$
2.02

 
$
1.61

Income (Loss) from Discontinued Operations:
 
 
 
 
 
 
 
 
Income (loss) from discontinued operations, net of income tax
 
$

 
$
58

 
$

 
$
(18
)
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
 
$

 
$
58

 
$

 
$
(18
)
Basic
 
$

 
$
0.05

 
$

 
$
(0.02
)
Diluted
 
$

 
$
0.05

 
$

 
$
(0.02
)
Net Income (Loss):
 
 
 
 
 
 
 
 
Net income (loss)
 
$
894

 
$
914

 
$
2,151

 
$
1,790

Less: Net income (loss) attributable to noncontrolling interests
 
3

 
3

 
7

 
6

Less: Preferred stock dividends
 
46

 
46

 
52

 
52

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
845

 
$
865

 
$
2,092

 
$
1,732

Basic
 
$
0.83

 
$
0.81

 
$
2.04

 
$
1.60

Diluted
 
$
0.83

 
$
0.80

 
$
2.02

 
$
1.59