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Earnings Per Common Share
9 Months Ended
Sep. 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
September 30,
 
Nine Months
Ended
September 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
 
992.7

 
1,062.3

 
1,014.6

 
1,075.5

Incremental common shares from assumed exercise or issuance of stock-based awards
 
8.0

 
9.2

 
8.2

 
8.5

Weighted average common stock outstanding for diluted earnings per common share
 
1,000.7

 
1,071.5

 
1,022.8

 
1,084.0

Income (Loss) from Continuing Operations:
 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net of income tax
 
$
915

 
$
883

 
$
3,066

 
$
2,691

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

 
6

 
10

 
12

Less: Preferred stock dividends
 
32

 
6

 
84

 
58

Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders
 
$
880

 
$
871

 
$
2,972

 
$
2,621

Basic
 
$
0.89

 
$
0.82

 
$
2.93

 
$
2.44

Diluted
 
$
0.88

 
$
0.81

 
$
2.91

 
$
2.42

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

 
$
(968
)
 
$

 
$
(986
)
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
)
 
$

 
$
(986
)
Basic
 
$

 
$
(0.91
)
 
$

 
$
(0.92
)
Diluted
 
$

 
$
(0.90
)
 
$

 
$
(0.91
)
Net Income (Loss):
 
 
 
 
 
 
 
 
Net income (loss)
 
$
915

 
$
(85
)
 
$
3,066

 
$
1,705

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

 
6

 
10

 
12

Less: Preferred stock dividends
 
32

 
6

 
84

 
58

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
880

 
$
(97
)
 
$
2,972

 
$
1,635

Basic
 
$
0.89

 
$
(0.09
)
 
$
2.93

 
$
1.52

Diluted
 
$
0.88

 
$
(0.09
)
 
$
2.91

 
$
1.51