| Computation of Basic and Diluted EPS |
The following table presents the computation of basic and diluted EPS: | | | | | | | | | | | | | | | | | | | | | | | | | | | Years Ended December 31, | | | | | | | | | | | | | | | | | | | (dollars in millions, except per common share data) | | | | | | | 2025 | | 2024 | | 2023 | | Numerator for EPS: | | | | | | | | | | | | | Income (loss) from continuing operations | | | | | | | $ | 3,097 | | | $ | 2,700 | | | $ | 2,741 | | | Less: Net income attributable to noncontrolling interests | | | | | | | 1 | | | — | | | — | | | Less: Preferred stock dividends and preferred stock redemption premiums | | | | | | | — | | | 22 | | | 29 | | | Income (loss) attributable to AIG common shareholders from continuing operations | | | | | | | 3,096 | | | 2,678 | | | 2,712 | | | | | | | | | | | | | | | Income (loss) from discontinued operations, net of income tax expense | | | | | | | — | | | (3,626) | | | 1,137 | | | Less: Net income attributable to noncontrolling interests | | | | | | | — | | | 478 | | | 235 | | | Income (loss) from discontinued operations, net of noncontrolling interest | | | | | | | — | | | (4,104) | | | 902 | | | Net income (loss) attributable to AIG common shareholders | | | | | | | $ | 3,096 | | | $ | (1,426) | | | $ | 3,614 | | | Denominator for EPS: | | | | | | | | | | | | | Weighted average common shares outstanding - basic | | | | | | | 565,078,072 | | | 651,448,307 | | | 719,506,291 | | | Dilutive common shares | | | | | | | 5,271,916 | | | 5,834,853 | | | 5,726,777 | | Weighted average common shares outstanding - diluted(a) | | | | | | | 570,349,988 | | | 657,283,160 | | | 725,233,068 | | Income (loss) per common share attributable to AIG common shareholders: | | | | | | | | | | | | | Basic: | | | | | | | | | | | | | Income (loss) from continuing operations | | | | | | | $ | 5.48 | | | $ | 4.11 | | | $ | 3.77 | | | Income (loss) from discontinued operations | | | | | | | $ | — | | | $ | (6.30) | | | $ | 1.25 | | | Income (loss) attributable to AIG common shareholders | | | | | | | $ | 5.48 | | | $ | (2.19) | | | $ | 5.02 | | | Diluted: | | | | | | | | | | | | | Income (loss) from continuing operations | | | | | | | $ | 5.43 | | | $ | 4.07 | | | $ | 3.74 | | | Income (loss) from discontinued operations | | | | | | | $ | — | | | $ | (6.24) | | | $ | 1.24 | | | Income (loss) attributable to AIG common shareholders | | | | | | | $ | 5.43 | | | $ | (2.17) | | | $ | 4.98 | |
(a)Potential dilutive common shares are due to our share-based employee compensation plans and agreements. The number of potential common shares excluded from diluted shares outstanding was 132,504, 103,957 and 4,350,324 for the years ended December 31, 2025, 2024 and 2023, respectively, because the effect of including those common shares in the calculation would have been anti-dilutive.
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