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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Common Share
The following table sets forth the calculation of earnings per common share:
 
Years Ended December 31,
 
2018
 
2017 (1)
 
Pro forma
2016 (1)
 
(In millions, except share and per share data)
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders
$
865

 
$
(378
)
 
$
(2,939
)
 
 
 
 
 
 
Weighted average common shares outstanding — basic
119,386,280

 
119,773,106

 
119,773,106

Dilutive effect of share-based awards
441,198

 

 

Weighted average common shares outstanding — diluted
119,827,478

 
119,773,106

 
119,773,106

 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
Basic
$
7.24

 
$
(3.16
)
 
$
(24.54
)
Diluted
$
7.21

 
$
(3.16
)
 
$
(24.54
)
__________________
(1)
On August 4, 2017, following the completion of the Separation, 119,773,106 shares of BHF common stock were outstanding. This number of shares remained outstanding through December 31, 2017 and is utilized to calculate EPS for the years ended December 31, 2017 and 2016.