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Earnings Per Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share on net income (in millions, except per share information):
Three months ended September 30,Nine months ended September 30,
 2024202320242023
Earnings:
Net income (numerator for basic and diluted calculations)$158 $289 $574 $749 
Less: Net income attributable to noncontrolling interest
Net income available to RGA, Inc. shareholders$156 $287 $569 $744 
Shares:
Weighted average outstanding shares (denominator for basic calculation)66 66 66 66 
Equivalent shares from outstanding stock awards
Diluted shares (denominator for diluted calculation)67 67 67 67 
Earnings per share:
Basic$2.37 $4.34 $8.64 $11.19 
Diluted$2.33 $4.29 $8.53 $11.06 
The calculation of common equivalent shares does not include the impact of stock awards with a conversion price that exceeds the average stock price for the earnings period as the result would be antidilutive. The calculation of common equivalent shares also excludes the impact of outstanding performance share awards as the conditions necessary for their issuance have not been satisfied as of the end of the reporting period.