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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The following represents our basic and diluted earnings per share (EPS) calculations, which are calculated using unrounded amounts:
 
Three months ended June 30, 2020
(In millions, except per share data)
Class A
Net income available to Athene Holding Ltd. common shareholders – basic and diluted
$
824

 
 
Basic weighted average shares outstanding
193.9

Dilutive effect of stock compensation plans
3.0

Diluted weighted average shares outstanding
196.9

 
 
Earnings per share
 
Basic
$
4.25

Diluted
$
4.19

 
Three months ended June 30, 2019
(In millions, except share and per share data)
Class A
 
Class B
 
Class M-1
 
Class M-2
 
Class M-3
 
Class M-4
Net income available to Athene Holding Ltd. common shareholders – basic and diluted
$
596

 
$
96

 
$
13

 
$
3

 
$
4

 
$
8

 
 
 
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
158.5

 
25.4

 
3.3

 
0.8

 
1.0

 
2.2

Dilutive effect of stock compensation plans
0.3

 
—

 
—

 
—

 
—

 
0.3

Diluted weighted average shares outstanding
158.8

 
25.4

 
3.3

 
0.8

 
1.0

 
2.5

 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
 
 
 
 
Basic
$
3.76

 
$
3.76

 
$
3.76

 
$
3.76

 
$
3.76

 
$
3.76

Diluted
$
3.75

 
$
3.76

 
$
3.76

 
$
3.76

 
$
3.76

 
$
3.28


 
Six months ended June 30, 2020
(In millions, except share and per share data)
Class A
 
Class B
 
Class M-1
 
Class M-2
 
Class M-3
 
Class M-4
Net loss available to Athene Holding Ltd. common shareholders – basic and diluted
$
(114
)
 
$
(98
)
 
$
(13
)
 
$
(3
)
 
$
(4
)
 
$
(9
)
 
 
 
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
177.6

 
25.4

 
3.3

 
0.8

 
1.0

 
2.4

Dilutive effect of stock compensation plans1
—

 
—

 
—

 
—

 
—

 
—

Diluted weighted average shares outstanding
177.6

 
25.4

 
3.3

 
0.8

 
1.0

 
2.4

 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
 
 
 
 
Basic
$
(0.64
)
 
$
(3.87
)
 
$
(3.87
)
 
$
(3.87
)
 
$
(3.87
)
 
$
(3.87
)
Diluted
$
(0.64
)
 
$
(3.87
)
 
$
(3.87
)
 
$
(3.87
)
 
$
(3.87
)
 
$
(3.87
)
 
 
 
 
 
 
 
 
 
 
 
 
1 The dilutive effect of stock compensation plans is antidilutive as a result of the net loss available to Athene Holding Ltd. common shareholders for the six months ended June 30, 2020.
 
Six months ended June 30, 2019
(In millions, except per share data)
Class A
 
Class B
 
Class M-1
 
Class M-2
 
Class M-3
 
Class M-4
Net income available to Athene Holding Ltd. common shareholders – basic and diluted
$
1,184

 
$
189

 
$
25

 
$
6

 
$
8

 
$
16

 
 
 
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
159.4

 
25.4

 
3.3

 
0.8

 
1.0

 
2.2

Dilutive effect of stock compensation plans
0.3

 
—

 
—

 
—

 
—

 
0.3

Diluted weighted average shares outstanding
159.7

 
25.4

 
3.3

 
0.8

 
1.0

 
2.5

 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
 
 
 
 
Basic
$
7.43

 
$
7.43

 
$
7.43

 
$
7.43

 
$
7.43

 
$
7.43

Diluted
$
7.41

 
$
7.43

 
$
7.43

 
$
7.43

 
$
7.43

 
$
6.45
Shares Excluded from Dilutive Earnings Per Share The diluted EPS calculations for Class A shares excluded 3.3 million and 31.6 million shares, restricted stock units, options and warrants as of June 30, 2020 and 2019, respectively, for the three months ended and excluded 11.2 million and 31.6 million, as of June 30, 2020 and 2019, respectively, for the six months ended.