Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2012

Earnings Per Common Share [Abstract]

Earnings Per Common Share

	Three Months Ended March 31,
	2012			2011
	(In millions, except share and per share data)
Weighted Average Shares:
Weighted average common stock outstanding for basic earnings per common share		1,064,252,898			1,058,517,978
Incremental common shares from assumed:
Stock purchase contracts underlying common equity units (1)		—			2,550,138
Exercise or issuance of stock-based awards (2)		—			8,455,420
Weighted average common stock outstanding for diluted earnings per common share		1,064,252,898			1,069,523,536
Income (Loss) from Continuing Operations:
Income (loss) from continuing operations, net of income tax	$	(134	)	$	924
Less: Income (loss) from continuing operations, net of income tax, attributable to noncontrolling interests		24			7
Less: Preferred stock dividends		30			30
Preferred stock redemption premium		—			146
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders	$	(188	)	$	741
Basic	$	(0.17	)	$	0.70
Diluted	$	(0.17	)	$	0.70
Income (Loss) from Discontinued Operations:
Income (loss) from discontinued operations, net of income tax	$	14		$	(40	)
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	$	14		$	(40	)
Basic	$	0.01		$	(0.04	)
Diluted	$	0.01		$	(0.04	)
Net Income (Loss):
Net income (loss)	$	(120	)	$	884
Less: Net income (loss) attributable to noncontrolling interests		24			7
Less: Preferred stock dividends		30			30
Preferred stock redemption premium		—			146
Net income (loss) available to MetLife, Inc.’s common shareholders	$	(174	)	$	701
Basic	$	(0.16	)	$	0.66
Diluted	$	(0.16	)	$	0.66

(1) See Note 14 of the Notes to the Consolidated Financial Statements included in the 2011 Annual Report for a description of the Company’s common equity units. For the three months ended March 31, 2012, all shares related to the assumed issuance of shares in settlement of the applicable purchase contracts have been excluded from the calculation of diluted earnings per common share as these assumed shares are anti-dilutive.

(2) For the three months ended March 31, 2012, 6,627,984 shares related to the assumed exercise or issuance of stock-based awards have been excluded from the calculation of diluted earnings per common share as to include such assumed shares would be anti-dilutive.