Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2019

A reconciliation of the numerators and denominators of the basic and diluted per share computations of Common Stock based on the consolidated earnings of Prudential Financial for the years ended December 31, is as follows:



	2019					2018					2017
	Income		Weighted Average Shares	Per Share Amount		Income		Weighted Average Shares	Per Share Amount		Income		Weighted Average Shares	Per Share Amount

	(in millions, except per share amounts)
Basic earnings per share
Net income (loss)	$	4,238				$	4,088				$	7,974
Less: Income (loss) attributable to noncontrolling interests	52					14					111
Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards	46					48					95
Net income (loss) attributable to Prudential Financial available to holders of Common Stock	$	4,140	404.8	$	10.23	$	4,026	417.6	$	9.64	$	7,768	427.0	$	18.19
Effect of dilutive securities and compensation programs
Add: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Basic	$	46				$	48				$	95
Less: Dividends and undistributed earnings allocated to participating unvested share-based payment awards—Diluted	45					47					94
Stock options			1.1					1.5					2.1
Deferred and long-term compensation programs			1.4					1.2					1.1
Exchangeable Surplus Notes	12		3.6			21		5.9			17		5.8
Diluted earnings per share
Net income (loss) attributable to Prudential Financial available to holders of Common Stock	$	4,153	410.9	$	10.11	$	4,048	426.2	$	9.50	$	7,786	436.0	$	17.86

Earnings Per Share Computation

For the years ended December 31, the number of stock options and shares related to deferred and long-term compensation programs that were considered antidilutive and were excluded from the computation of diluted earnings per share, weighted for the portion of the period they were outstanding, are as follows:



	2019			2018			2017
	Shares	Exercise Price Per Share		Shares	Exercise Price Per Share		Shares	Exercise Price Per Share

	(in millions, except per share amounts, based on weighted average)
Antidilutive stock options based on application of the treasury stock method	1.2	$	102.84	0.7	$	108.34	0.3	$	110.18
Antidilutive stock options due to net loss available to holders of Common Stock	0.0			0.0			0.0
Antidilutive shares based on application of the treasury stock method	0.0			0.0			0.1
Antidilutive shares due to net loss available to holders of Common Stock	0.0			0.0			0.0
Total antidilutive stock options and shares	1.2			0.7			0.4