Three Months Ended | |||||||||||||||
March 31, | June 30, | September 30, | December 31, | ||||||||||||
(In millions, except per share data) | |||||||||||||||
2013: | |||||||||||||||
Total revenues | $ | 17,683 | $ | 15,721 | $ | 16,337 | $ | 18,458 | |||||||
Total expenses | $ | 16,436 | $ | 15,160 | $ | 15,361 | $ | 17,190 | |||||||
Income (loss) from continuing operations, net of income tax | $ | 995 | $ | 508 | $ | 973 | $ | 915 | |||||||
Income (loss) from discontinued operations, net of income tax | $ | (3 | ) | $ | 2 | $ | 2 | $ | 1 | ||||||
Net income (loss) | $ | 992 | $ | 510 | $ | 975 | $ | 916 | |||||||
Less: Net income (loss) attributable to noncontrolling interests | $ | 6 | $ | 8 | $ | 3 | $ | 8 | |||||||
Net income (loss) attributable to MetLife, Inc. | $ | 986 | $ | 502 | $ | 972 | $ | 908 | |||||||
Less: Preferred stock dividends | $ | 30 | $ | 31 | $ | 30 | $ | 31 | |||||||
Net income (loss) available to MetLife, Inc.’s common shareholders | $ | 956 | $ | 471 | $ | 942 | $ | 877 | |||||||
Basic earnings per common share: | |||||||||||||||
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders | $ | 0.87 | $ | 0.43 | $ | 0.85 | $ | 0.78 | |||||||
Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc. | $ | — | $ | — | $ | — | $ | — | |||||||
Net income (loss) attributable to MetLife, Inc. | $ | 0.90 | $ | 0.46 | $ | 0.88 | $ | 0.81 | |||||||
Net income (loss) available to MetLife, Inc.’s common shareholders | $ | 0.87 | $ | 0.43 | $ | 0.85 | $ | 0.78 | |||||||
Diluted earnings per common share: | |||||||||||||||
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders | $ | 0.87 | $ | 0.43 | $ | 0.84 | $ | 0.77 | |||||||
Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc. | $ | — | $ | — | $ | — | $ | — | |||||||
Net income (loss) attributable to MetLife, Inc. | $ | 0.89 | $ | 0.45 | $ | 0.87 | $ | 0.80 | |||||||
Net income (loss) available to MetLife, Inc.’s common shareholders | $ | 0.87 | $ | 0.43 | $ | 0.84 | $ | 0.77 | |||||||
2012: | |||||||||||||||
Total revenues | $ | 15,916 | $ | 18,398 | $ | 16,503 | $ | 17,333 | |||||||
Total expenses | $ | 16,325 | $ | 15,060 | $ | 17,513 | $ | 17,810 | |||||||
Income (loss) from continuing operations, net of income tax | $ | (134 | ) | $ | 2,300 | $ | (957 | ) | $ | 105 | |||||
Income (loss) from discontinued operations, net of income tax | $ | 14 | $ | 3 | $ | — | $ | 31 | |||||||
Net income (loss) | $ | (120 | ) | $ | 2,303 | $ | (957 | ) | $ | 136 | |||||
Less: Net income (loss) attributable to noncontrolling interests | $ | 24 | $ | 8 | $ | (3 | ) | $ | 9 | ||||||
Net income (loss) attributable to MetLife, Inc. | $ | (144 | ) | $ | 2,295 | $ | (954 | ) | $ | 127 | |||||
Less: Preferred stock dividends | $ | 30 | $ | 31 | $ | 30 | $ | 31 | |||||||
Net income (loss) available to MetLife, Inc.’s common shareholders | $ | (174 | ) | $ | 2,264 | $ | (984 | ) | $ | 96 | |||||
Basic earnings per common share: | |||||||||||||||
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders | $ | (0.17 | ) | $ | 2.13 | $ | (0.92 | ) | $ | 0.06 | |||||
Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc. | $ | 0.01 | $ | — | $ | — | $ | 0.03 | |||||||
Net income (loss) attributable to MetLife, Inc. | $ | (0.14 | ) | $ | 2.16 | $ | (0.90 | ) | $ | 0.12 | |||||
Net income (loss) available to MetLife, Inc.’s common shareholders | $ | (0.16 | ) | $ | 2.13 | $ | (0.92 | ) | $ | 0.09 | |||||
Diluted earnings per common share: | |||||||||||||||
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders | $ | (0.17 | ) | $ | 2.12 | $ | (0.92 | ) | $ | 0.06 | |||||
Income (loss) from discontinued operations, net of income tax, attributable to MetLife, Inc. | $ | 0.01 | $ | — | $ | — | $ | 0.03 | |||||||
Net income (loss) attributable to MetLife, Inc. | $ | (0.14 | ) | $ | 2.14 | $ | (0.90 | ) | $ | 0.12 | |||||
Net income (loss) available to MetLife, Inc.’s common shareholders | $ | (0.16 | ) | $ | 2.12 | $ | (0.92 | ) | $ | 0.09 |