EARNINGS PER SHARE (EPS) (Tables)

3 Months Ended

Mar. 31, 2015

Three Months Ended March 31,
(dollars in millions, except per share data)		2015		2014
Numerator for EPS:
Income from continuing operations	$	2,476	$	1,659
Less: Net income from continuing operations attributable to noncontrolling interests		9		3
Income attributable to AIG common shareholders from continuing operations		2,467		1,656
Income (loss) from discontinued operations		1		(47)
Income (loss) attributable to AIG common shareholders from discontinued operations		1		(47)
Net income attributable to AIG common shareholders	$	2,468	$	1,609
Denominator for EPS:
Weighted average shares outstanding — basic		1,365,951,690		1,459,249,393
Dilutive shares		20,311,859		13,261,420
Weighted average shares outstanding — diluted^*		1,386,263,549		1,472,510,813
Income per common share attributable to AIG:
Basic:
Income from continuing operations	$	1.81	$	1.13
Loss from discontinued operations	$	-	$	(0.03)
Net income attributable to AIG	$	1.81	$	1.10
Diluted:
Income from continuing operations	$	1.78	$	1.12
Loss from discontinued operations	$	-	$	(0.03)
Net income attributable to AIG	$	1.78	$	1.09

* Dilutive shares are calculated using the treasury stock method and include dilutive shares from share-based employee compensation plans. The number of shares excluded from diluted shares outstanding was 0.6 and 0.3 million for the three-month periods ended March 31, 2015 and 2014, respectively, because the effect of including those shares in the calculation would have been anti-dilutive.