XML 63 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Equity (Tables)
 9 Months Ended
Sep. 30, 2013
Equity [Abstract]  
Components of Accumulated Other Comprehensive Income (Loss)
Information regarding changes in the balances of each component of AOCI attributable to MetLife, Inc., net of income tax, was as follows:
 
Three Months 
 Ended 
 September 30, 2013
 
Unrealized
Investment Gains
(Losses), Net of
Related Offsets (1)
 
Unrealized
Gains (Losses)
on Derivatives
 
Foreign
Currency
Translation
Adjustments
 
Defined
Benefit
Plans
Adjustment
 
Total
 
(In millions)
Balance, beginning of period
$
9,709

 
$
734

 
$
(1,825
)
 
$
(2,416
)
 
$
6,202

OCI before reclassifications
(1,060
)
 
(184
)
 
207

 
(1
)
 
(1,038
)
Amounts reclassified from AOCI
55

 
(154
)
 
—

 
35

 
(64
)
Balance, end of period
$
8,704

 
$
396

 
$
(1,618
)
 
$
(2,382
)
 
$
5,100

 
Nine Months 
 Ended 
 September 30, 2013
 
Unrealized
Investment Gains
(Losses), Net of
Related Offsets (1)
 
Unrealized
Gains (Losses)
on Derivatives
 
Foreign
Currency
Translation
Adjustments
 
Defined
Benefit
Plans
Adjustment
 
Total
 
(In millions)
Balance, beginning of period
$
13,590

 
$
829

 
$
(533
)
 
$
(2,489
)
 
$
11,397

OCI before reclassifications
(4,635
)
 
(439
)
 
(1,085
)
 
1

 
(6,158
)
Amounts reclassified from AOCI
(251
)
 
6

 
—

 
106

 
(139
)
Balance, end of period
$
8,704

 
$
396

 
$
(1,618
)
 
$
(2,382
)
 
$
5,100

__________________
(1)
See Note 6 for information on offsets to investments related to insurance liabilities, DAC and VOBA and the policyholder dividend obligation.
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Information regarding amounts reclassified out of each component of AOCI was as follows:
AOCI Components
 
Amounts Reclassified from AOCI
 
Statement of Operations and
Comprehensive Income (Loss) Location
 
 
Three Months 
 Ended 
 September 30, 2013
 
Nine Months 
 Ended 
 September 30, 2013
 
 
 
 
(In millions)
 
 
Net unrealized investment gains (losses):
 
 
 
 
 
 
Net unrealized investment gains (losses)
 
$
(96
)
 
$
365

 
Other net investment gains (losses)
Net unrealized investment gains (losses)
 
22

 
65

 
Net investment income
OTTI
 
(21
)
 
(56
)
 
OTTI on fixed maturity securities
Net unrealized investment gains (losses), before income tax
 
(95
)
 
374

 
 
Income tax (expense) benefit
 
40

 
(123
)
 
 
Net unrealized investment gains (losses), net of income tax
 
$
(55
)
 
$
251

 
 
Unrealized gains (losses) on derivatives - cash flow hedges:
 
 
 
 
 
 
Interest rate swaps
 
$
3

 
$
17

 
Net derivative gains (losses)
Interest rate swaps
 
2

 
6

 
Net investment income
Interest rate forwards
 
2

 
8

 
Net derivative gains (losses)
Interest rate forwards
 
1

 
2

 
Net investment income
Interest rate forwards
 
(1
)
 
(2
)
 
Other expenses
Foreign currency swaps
 
216

 
(41
)
 
Net derivative gains (losses)
Foreign currency swaps
 
—

 
(2
)
 
Net investment income
Foreign currency swaps
 
1

 
1

 
Other expenses
Credit forwards
 
—

 
1

 
Net investment income
Gains (losses) on cash flow hedges, before income tax
 
224

 
(10
)
 
 
Income tax (expense) benefit
 
(70
)
 
4

 
 
Gains (losses) on cash flow hedges, net of income tax
 
$
154

 
$
(6
)
 
 
 
 
 
 
 
 
 
Defined benefit plans adjustment: (1)
 
 
 
 
 
 
Amortization of net actuarial gains (losses)
 
$
(71
)
 
$
(212
)
 
 
Amortization of prior service (costs) credit
 
17

 
51

 
 
Amortization of defined benefit plan items, before
 income tax
 
(54
)
 
(161
)
 
 
Income tax (expense) benefit
 
19

 
55

 
 
Amortization of defined benefit plan items, net of
 income tax
 
$
(35
)
 
$
(106
)
 
 
Total reclassifications, net of income tax
 
$
64

 
$
139

 
 
__________________
(1)
These AOCI components are included in the computation of net periodic benefit costs. See Note 13.