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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
21. Quarterly Results of Operations (Unaudited)
The unaudited quarterly results of operations for 2018 and 2017 are summarized in the table below:
 
 
Three Months Ended
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
(In millions, except per share data)
2018
 
 
Total revenues
 
$
14,805

 
$
21,185

 
$
16,289

 
$
15,662

Total expenses
 
$
13,149

 
$
20,084

 
$
15,210

 
$
13,191

Income (loss) from continuing operations, net of income tax
 
$
1,257

 
$
894

 
$
915

 
$
2,062

Income (loss) from discontinued operations, net of income tax
 
$

 
$

 
$

 
$

Net income (loss)
 
$
1,257

 
$
894

 
$
915

 
$
2,062

Less: Net income (loss) attributable to noncontrolling interests
 
$
4

 
$
3

 
$
3

 
$
(5
)
Net income (loss) attributable to MetLife, Inc.
 
$
1,253

 
$
891

 
$
912

 
$
2,067

Less: Preferred stock dividends
 
$
6

 
$
46

 
$
32

 
$
57

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
1,247

 
$
845

 
$
880

 
$
2,010

Basic earnings per common share
 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders
 
$
1.20

 
$
0.83

 
$
0.89

 
$
2.05

Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc.
 
$

 
$

 
$

 
$

Net income (loss) attributable to MetLife, Inc.
 
$
1.21

 
$
0.88

 
$
0.92

 
$
2.11

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
1.20

 
$
0.83

 
$
0.89

 
$
2.05

Diluted earnings per common share
 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders
 
$
1.19

 
$
0.83

 
$
0.88

 
$
2.04

Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc.
 
$

 
$

 
$

 
$

Net income (loss) attributable to MetLife, Inc.
 
$
1.20

 
$
0.87

 
$
0.91

 
$
2.09

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
1.19

 
$
0.83

 
$
0.88

 
$
2.04

2017
 
 
 
 
 
 
 
 
Total revenues
 
$
14,964

 
$
15,333

 
$
16,171

 
$
15,840

Total expenses
 
$
13,892

 
$
14,315

 
$
15,686

 
$
14,879

Income (loss) from continuing operations, net of income tax
 
$
952

 
$
856

 
$
883

 
$
2,315

Income (loss) from discontinued operations, net of income tax
 
$
(76
)
 
$
58

 
$
(968
)
 
$

Net income (loss)
 
$
876

 
$
914

 
$
(85
)
 
$
2,315

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

 
$
3

 
$
6

 
$
(2
)
Net income (loss) attributable to MetLife, Inc.
 
$
873

 
$
911

 
$
(91
)
 
$
2,317

Less: Preferred stock dividends
 
$
6

 
$
46

 
$
6

 
$
45

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
867

 
$
865

 
$
(97
)
 
$
2,272

Basic earnings per common share
 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders
 
$
0.87

 
$
0.76

 
$
0.82

 
$
2.16

Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc.
 
$
(0.07
)
 
$
0.05

 
$
(0.91
)
 
$

Net income (loss) attributable to MetLife, Inc.
 
$
0.80

 
$
0.86

 
$
(0.09
)
 
$
2.20

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
0.80

 
$
0.81

 
$
(0.09
)
 
$
2.16

Diluted earnings per common share
 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders
 
$
0.86

 
$
0.75

 
$
0.81

 
$
2.14

Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc.
 
$
(0.07
)
 
$
0.05

 
$
(0.90
)
 
$

Net income (loss) attributable to MetLife, Inc.
 
$
0.79

 
$
0.85

 
$
(0.08
)
 
$
2.18

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
0.79

 
$
0.80

 
$
(0.09
)
 
$
2.14