v3.24.2.u1
Earnings Per Common Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Common Share 17. Earnings Per Common Share
The basic earnings per common share (“EPS”) computation is based on the weighted average number of common shares outstanding, adjusted to reflect all 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 splits, using the treasury stock method.
The following table presents the computation of basic and diluted EPS for the three and six months ended June 30, 2024 and 2023:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions, except per common share data)2024202320242023
Numerator for EPS:
Net income (loss) $341 $751 $1,168 $298 
Less: Net income (loss) attributable to noncontrolling interests(24)(20)(75)(14)
Net income (loss) attributable to Corebridge common shareholders$365 771 $1,243 $312 
Denominator for EPS:
Weighted average common shares outstanding - basic611.6 650.7 617.8 650.8 
Dilutive common shares1.0 1.5 0.9 1.7 
Weighted average common shares outstanding - diluted612.6 652.2 618.7 652.5 
Income per common share attributable to Corebridge common shareholders
Common stock - basic
$0.60 $1.18 $2.01 $0.48 
Common stock - diluted
$0.59 $1.18 $2.01 $0.48 
*Potential dilutive common shares include our share-based employee compensation plans. The number of common shares excluded from dilutive shares outstanding was approximately 0.1 million and 1.3 million for the three months ended June 30, 2024 and 2023, respectively, and 0.3 million and 0.9 million for the six months ended June 30, 2024 and 2023, respectively, because the effect of including those common shares in the calculation would have been anti-dilutive.