- Q3 net income available to common shareholders was $193 million, or $2.09 per diluted share, versus $176 million, or $1.80, a year earlier.
- Q3 after-tax adjusted operating earnings were $240 million, or $2.60 per diluted share, versus $239 million, or $2.45.
- Net income rose primarily on lower losses on exited businesses and higher adjusted operating earnings.
- Adjusted operating earnings reflected higher Retirement and Employee Benefits earnings, offset by lower Investment Management investment capital income and $25 million of pre-tax severance.
- Excess capital generation was about $225 million, above 90% conversion of adjusted operating earnings.
- The company returned about $150 million through dividends and buybacks.
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