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Earnings Per Common Share

3 Months Ended

Mar. 31, 2024

12. Earnings Per Common Share

The calculation of earnings per common share was as follows:


	Three Months Ended March 31,
		2024		2023
		(In millions, except share and per share data)
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders		$	(519)	$	(525)

Weighted average common shares outstanding — basic		63,036,773		67,873,189
Dilutive effect of share-based awards		—		—
Weighted average common shares outstanding — diluted		63,036,773		67,873,189

Earnings per common share:
Basic		$	(8.22)	$	(7.72)
Diluted		$	(8.22)	$	(7.72)

For the three months ended March 31, 2023 and 2024, basic loss per common share equaled diluted loss per common share. The diluted shares were not included in the per share calculation for these periods as the inclusion of such shares would have an antidilutive effect.