Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Common Share [Abstract]

Earnings Per Common Share

		Three Months Ended September 30,						Nine Months Ended September 30,
		2012			2011			2012		2011
		(In millions, except share and per share data)
Weighted Average Shares:
Weighted average common stock outstanding for basic earnings per common share			1,065,041,874			1,060,199,513			1,063,991,836		1,059,253,798
Incremental common shares from assumed:
Stock purchase contracts underlying common equity units (1)			—			—			—		2,188,593
Exercise or issuance of stock-based awards (2)			—			6,001,186			5,963,399		7,221,794
Weighted average common stock outstanding for diluted earnings per common share			1,065,041,874			1,066,200,699			1,069,955,235		1,068,664,185
Income (Loss) from Continuing Operations:
Income (loss) from continuing operations, net of income tax		$	(957	)	$	3,442		$	1,209	$	5,428
Less:	Income (loss) from continuing operations, net of income tax, attributable to noncontrolling interests		(3	)		(6	)		29		(6	)
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		$	(984	)	$	3,418		$	1,089	$	5,197
Basic		$	(0.92	)	$	3.22		$	1.02	$	4.91
Diluted		$	(0.92	)	$	3.20		$	1.01	$	4.86
Income (Loss) from Discontinued Operations:
Income (loss) from discontinued operations, net of income tax		$	—		$	8		$	17	$	(1	)
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		$	—		$	8		$	17	$	(1	)
Basic		$	—		$	0.01		$	0.02	$	—
Diluted		$	—		$	0.01		$	0.02	$	—
Net Income (Loss):
Net income (loss)		$	(957	)	$	3,450		$	1,226	$	5,427
Less:	Net income (loss) attributable to noncontrolling interests		(3	)		(6	)		29		(6	)
Less:	Preferred stock dividends		30			30			91		91
	Preferred stock redemption premium		—			—			—		146
Net income (loss) available to MetLife, Inc.’s common shareholders		$	(984	)	$	3,426		$	1,106	$	5,196
Basic		$	(0.92	)	$	3.23		$	1.04	$	4.91
Diluted		$	(0.92	)	$	3.21		$	1.03	$	4.86

(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 and nine months ended September 30, 2012, and for the three months ended September 30, 2011, 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 September 30, 2012, 5,928,114 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.