EARNINGS PER SHARE (EPS) (Tables)

3 Months Ended

Mar. 31, 2016

Three Months Ended March 31,
(dollars in millions, except per share data)		2016		2015
Numerator for EPS:
Income (loss) from continuing operations	$	(156)	$	2,476
Less: Net income from continuing operations attributable to noncontrolling interests		(20)		9
Income (loss) attributable to AIG common shareholders from continuing operations		(136)		2,467
Income (loss) from discontinued operations, net of income tax expense		(47)		1
Net income (loss) attributable to AIG common shareholders	$	(183)	$	2,468
Denominator for EPS:
Weighted average shares outstanding — basic		1,156,548,459		1,365,951,690
Dilutive shares^(a)		-		20,311,859
Weighted average shares outstanding — diluted^(b)		1,156,548,459		1,386,263,549
Income per common share attributable to AIG:
Basic:
Income (loss) from continuing operations	$	(0.12)	$	1.81
Loss from discontinued operations	$	(0.04)	$	-
Income (loss) attributable to AIG	$	(0.16)	$	1.81
Diluted:
Income (loss) from continuing operations	$	(0.12)	$	1.78
Income (loss) from discontinued operations	$	(0.04)	$	-
Income (loss) attributable to AIG	$	(0.16)	$	1.78

(a) Shares in the diluted EPS calculation represent basic shares for the three-month period ended March 31, 2016 due to the net loss in that period.

(b) Dilutive shares include our share-based employee compensation plans and a weighted average portion of the warrants issued to AIG shareholders as part of AIG’s recapitalization in January 2011. The number of shares excluded from diluted shares outstanding was 0.6 and 0.6 million for both the three-month periods ended March 31, 2016 and 2015, because the effect of including those shares in the calculation would have been anti-dilutive.