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EARNINGS PER SHARE (EPS) (Tables)
6 Months Ended
Jun. 30, 2016
EARNINGS PER SHARE (EPS)  
Computation of basic and diluted EPS
Three Months EndedSix Months Ended
June 30,June 30,
(dollars in millions, except per share data)2016201520162015
Numerator for EPS:
Income from continuing operations$1,934$1,775$1,778$4,251
Less: Net income (loss) from continuing operations attributable to noncontrolling interests11(9)(9)-
Income attributable to AIG common shareholders from continuing operations1,9231,7841,7874,251
Income (loss) from discontinued operations, net of income tax expense(10)16(57)17
Net income attributable to AIG common shareholders1,9131,8001,7304,268
Denominator for EPS:
Weighted average shares outstanding - basic1,113,587,9271,329,157,3661,135,068,1931,347,452,833
Dilutive shares26,458,04636,233,06528,021,55528,873,138
Weighted average shares outstanding - diluted*1,140,045,9731,365,390,4311,163,089,7481,376,325,971
Income per common share attributable to AIG:
Basic:
Income from continuing operations$1.73$1.34$1.57$3.16
Income (loss) from discontinued operations$(0.01)$0.01$(0.05)$0.01
Net income attributable to AIG$1.72$1.35$1.52$3.17
Diluted:
Income from continuing operations$1.69$1.31$1.54$3.09
Income (loss) from discontinued operations$(0.01)$0.01$(0.05)$0.01
Net income attributable to AIG$1.68$1.32$1.49$3.10

* Dilutive shares include our share-based employee compensation plans and a weighted average portion of the warrants issued to AIG shareholders as part of AIG’s recapitalization in January 2011. The number of shares excluded from diluted shares outstanding was 0.1 million and 0.3 million for the three- and six-month periods ended June 30, 2016, respectively, and 0.2 million and 0.3 million for the three- and six-month periods ended June 30, 2015, respectively, because the effect of including those shares in the calculation would have been anti-dilutive.