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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2011
Earnings Per Common Share (Tables) [Abstract]  
Earnings Per Common Share
 
                                 
    Three Months
    Six Months
 
    Ended
    Ended
 
    June 30,     June 30,  
    2011     2010     2011     2010  
    (In millions, except share and per share data)  
 
Weighted Average Shares:
                               
Weighted average common stock outstanding for basic earnings per common share
    1,059,751,486       822,905,671       1,058,795,981       822,407,969  
Incremental common shares from assumed:
                               
Stock purchase contracts underlying common equity units (1)
    4,015,640             3,282,889        
Exercise or issuance of stock-based awards
    7,208,779       7,567,202       7,832,099       6,766,823  
                                 
Weighted average common stock outstanding for diluted earnings per common share
    1,070,975,905       830,472,873       1,069,910,969       829,174,792  
                                 
Income (Loss) from Continuing Operations:
                               
Income (loss) from continuing operations, net of income tax
  $ 1,201     $ 1,536     $ 2,255     $ 2,364  
Less: Income (loss) from continuing operations, net of income tax, attributable to noncontrolling interests
    (7 )     (10 )           (11 )
Less: Preferred stock dividends
    31       31       61       61  
Preferred stock redemption premium
                146        
                                 
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders
  $ 1,177     $ 1,515     $ 2,048     $ 2,314  
                                 
Basic
  $ 1.11     $ 1.84     $ 1.93     $ 2.81  
                                 
Diluted
  $ 1.10     $ 1.83     $ 1.91     $ 2.79  
                                 
Income (Loss) from Discontinued Operations:
                               
Income (loss) from discontinued operations, net of income tax
  $ 29     $ 11     $ (12 )   $ 17  
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
  $ 29     $ 11     $ (12 )   $ 17  
                                 
Basic
  $ 0.03     $ 0.01     $ (0.01 )   $ 0.02  
                                 
Diluted
  $ 0.03     $ 0.01     $ (0.01 )   $ 0.02  
                                 
Net Income (Loss):
                               
Net income (loss)
  $ 1,230     $ 1,547     $ 2,243     $ 2,381  
Less: Net income (loss) attributable to noncontrolling interests
    (7 )     (10 )           (11 )
Less: Preferred stock dividends
    31       31       61       61  
Preferred stock redemption premium
                146        
                                 
Net income (loss) available to MetLife, Inc.’s common shareholders
  $ 1,206     $ 1,526     $ 2,036     $ 2,331  
                                 
Basic
  $ 1.14     $ 1.85     $ 1.92     $ 2.83  
                                 
Diluted
  $ 1.13     $ 1.84     $ 1.90     $ 2.81  
                                 
 
 
(1) See Note 14 of the Notes to the Consolidated Financial Statements included in the 2010 Annual Report for a description of the Company’s common equity units.