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Earnings Per Common Share (EPS)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Common Share (EPS)
17. Earnings Per Common Share (EPS)
The basic EPS computation is based on the weighted average number of common shares outstanding, adjusted to reflect all stock dividends and stock splits. The diluted EPS computation is based on those shares used in the basic EPS computation plus common shares that would have been outstanding assuming issuance of common shares for all dilutive potential common shares outstanding and adjusted to reflect all stock dividends and stock splits, using the treasury stock method or the if-converted method, as applicable.
The following table presents the computation of basic and diluted EPS:
Years Ended December 31,
(dollars in millions, except per common share data)202420232022
Numerator for EPS:
Income (loss) from continuing operations$2,700 $2,741 $2,890 
Less: Preferred stock dividends and preferred stock redemption premiums22 29 29 
Income (loss) attributable to AIG common shareholders from continuing operations2,678 2,712 2,861 
Income (loss) from discontinued operations, net of income tax expense(3,626)1,137 8,383 
Less: Net income attributable to noncontrolling interests478 235 1,046 
Income (loss) from discontinued operations, net of noncontrolling interest(4,104)902 7,337 
Net income (loss) attributable to AIG common shareholders$(1,426)$3,614 $10,198 
Denominator for EPS:
Weighted average common shares outstanding - basic651,448,307 719,506,291 778,621,118 
Dilutive common shares5,834,853 5,726,777 9,320,632 
Weighted average common shares outstanding - diluted(a)
657,283,160 725,233,068 787,941,750 
Income (loss) per common share attributable to AIG common shareholders:
Basic:
Income (loss) from continuing operations$4.11 $3.77 $3.67 
Income (loss) from discontinued operations$(6.30)$1.25 $9.43 
Income (loss) attributable to AIG common shareholders$(2.19)$5.02 $13.10 
Diluted:
Income (loss) from continuing operations$4.07 $3.74 $3.63 
Income (loss) from discontinued operations$(6.24)$1.24 $9.31 
Income (loss) attributable to AIG common shareholders$(2.17)$4.98 $12.94 
(a)Potential dilutive common shares are primarily due to our share-based employee compensation plans. The number of potential common shares excluded from diluted shares outstanding was 0.1 million, 4.4 million and 24.1 million for the years ended December 31, 2024, 2023 and 2022, respectively, because the effect of including those common shares in the calculation would have been anti-dilutive.
For information regarding our repurchases of AIG Common Stock, see Note 16.