Earnings Per Common Share

9 Months Ended

Sep. 30, 2011

Earnings Per Common Share [Abstract]

Earnings Per Common Share

13.   Earnings Per Common Share

The following table presents the weighted average shares used in calculating basic earnings per common share and those used in calculating diluted earnings per common share for each income category presented below:

	Three Months					Nine Months
	Ended					Ended
	September 30,					September 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		1,060,199,513			875,782,191		1,059,253,798			840,375,518
Incremental common shares from assumed:
Stock purchase contracts underlying common equity units (1)		—			—		2,188,593			—
Exercise or issuance of stock-based awards		6,001,186			7,317,973		7,221,794			6,950,540
Weighted average common stock outstanding for diluted
earnings per common share		1,066,200,699			883,100,164		1,068,664,185			847,326,058
Income (Loss) from Continuing Operations:
Income (loss) from continuing operations, net of income tax	$	3,572		$	317	$	5,825		$	2,681
Less: Income (loss) from continuing operations, net of income tax, attributable to noncontrolling interests		(6	)		4		(6	)		(7	)
Less: Preferred stock dividends		30			30		91			91
Preferred stock redemption premium		—			—		146			—
Income (loss) from continuing operations, net of income tax,
available to MetLife, Inc.’s common shareholders	$	3,548		$	283	$	5,594		$	2,597
Basic	$	3.35		$	0.33	$	5.29		$	3.09
Diluted	$	3.33		$	0.32	$	5.24		$	3.07
Income (Loss) from Discontinued Operations:
Income (loss) from discontinued operations, net of income tax	$	4		$	3	$	(6	)	$	20
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	$	4		$	3	$	(6	)	$	20
Basic	$	—		$	—	$	(0.01	)	$	0.02
Diluted	$	—		$	—	$	(0.01	)	$	0.02
Net Income (Loss):
Net income (loss)	$	3,576		$	320	$	5,819		$	2,701
Less: Net income (loss) attributable to noncontrolling interests		(6	)		4		(6	)		(7	)
Less: Preferred stock dividends		30			30		91			91
Preferred stock redemption premium		—			—		146			—
Net income (loss) available to MetLife, Inc.’s common
shareholders	$	3,552		$	286	$	5,588		$	2,617
Basic	$	3.35		$	0.33	$	5.28		$	3.11
Diluted	$	3.33		$	0.32	$	5.23		$	3.09

(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.