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Equity (Tables)
6 Months Ended
Jun. 30, 2014
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 
 June 30, 2014
 
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
$
11,276

 
$
404

 
$
(1,843
)
 
$
(1,622
)
 
$
8,215

OCI before reclassifications
4,330

 
175

 
(5
)
 
6

 
4,506

Deferred income tax benefit (expense)
(1,336
)
 
(48
)
 
53

 
(2
)
 
(1,333
)
OCI before reclassifications, net of income tax
14,270

 
531

 
(1,795
)
 
(1,618
)
 
11,388

Amounts reclassified from AOCI
(176
)
 
(80
)
 
77

 
46

 
(133
)
Deferred income tax benefit (expense)
55

 
25

 
(27
)
 
(16
)
 
37

Amounts reclassified from AOCI, net of income tax
(121
)
 
(55
)
 
50

 
30

 
(96
)
Sale of subsidiary (2)
(320
)
 

 
6

 

 
(314
)
Deferred income tax benefit (expense)
80

 

 

 

 
80

Sale of subsidiary, net of income tax
(240
)
 

 
6

 

 
(234
)
Balance, end of period
$
13,909

 
$
476

 
$
(1,739
)
 
$
(1,588
)
 
$
11,058


 
Three Months 
 Ended 
 June 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
$
13,332

 
$
905

 
$
(1,205
)
 
$
(2,452
)
 
$
10,580

OCI before reclassifications
(5,320
)
 
(311
)
 
(633
)
 
2

 
(6,262
)
Deferred income tax benefit (expense)
1,844

 
96

 
13

 

 
1,953

OCI before reclassifications, net of income tax
9,856

 
690

 
(1,825
)
 
(2,450
)
 
6,271

Amounts reclassified from AOCI
(189
)
 
53

 

 
52

 
(84
)
Deferred income tax benefit (expense)
42

 
(9
)
 

 
(18
)
 
15

Amounts reclassified from AOCI, net of income tax
(147
)
 
44

 

 
34

 
(69
)
Balance, end of period
$
9,709

 
$
734

 
$
(1,825
)
 
$
(2,416
)
 
$
6,202


 
Six Months 
 Ended 
 June 30, 2014
 
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
$
8,183

 
$
231

 
$
(1,659
)
 
$
(1,651
)
 
$
5,104

OCI before reclassifications
9,182

 
496

 
(222
)
 
6

 
9,462

Deferred income tax benefit (expense)
(2,981
)
 
(161
)
 
86

 
(2
)
 
(3,058
)
OCI before reclassifications, net of income tax
14,384

 
566

 
(1,795
)
 
(1,647
)
 
11,508

Amounts reclassified from AOCI
(349
)
 
(134
)
 
77

 
91

 
(315
)
Deferred income tax benefit (expense)
114

 
44

 
(27
)
 
(32
)
 
99

Amounts reclassified from AOCI, net of income tax
(235
)
 
(90
)
 
50

 
59

 
(216
)
Sale of subsidiary (2)
(320
)
 

 
6

 

 
(314
)
Deferred income tax benefit (expense)
80

 

 

 

 
80

Sale of subsidiary, net of income tax
(240
)
 

 
6

 

 
(234
)
Balance, end of period
$
13,909

 
$
476

 
$
(1,739
)
 
$
(1,588
)
 
$
11,058

 
Six Months 
 Ended 
 June 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
(5,494
)
 
(373
)
 
(1,230
)
 
2

 
(7,095
)
Deferred income tax benefit (expense)
1,919

 
118

 
(62
)
 

 
1,975

OCI before reclassifications, net of income tax
10,015

 
574

 
(1,825
)
 
(2,487
)
 
6,277

Amounts reclassified from AOCI
(469
)
 
234

 

 
107

 
(128
)
Deferred income tax benefit (expense)
163

 
(74
)
 

 
(36
)
 
53

Amounts reclassified from AOCI, net of income tax
(306
)
 
160

 

 
71

 
(75
)
Balance, end of period
$
9,709

 
$
734

 
$
(1,825
)
 
$
(2,416
)
 
$
6,202

__________________
(1)
See Note 6 for information on offsets to investments related to insurance liabilities, DAC and VOBA and the policyholder dividend obligation.
(2)
See Note 3.
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 
 June 30,
 
Six Months 
 Ended 
 June 30,
 
 
 
 
2014
 
2013
 
2014
 
2013
 
 
 
 
(In millions)
 
 
Net unrealized investment gains (losses):
 
 
 
 
 
 
 
 
 
 
Net unrealized investment gains (losses)
 
$
86

 
$
171

 
$
194

 
$
461

 
Net investment gains (losses)
Net unrealized investment gains (losses)
 
59

 
22

 
85

 
43

 
Net investment income
Net unrealized investment gains (losses)
 
37

 

 
72

 

 
Net derivative gains (losses)
OTTI
 
(6
)
 
(4
)
 
(2
)
 
(35
)
 
Net investment gains (losses)
Net unrealized investment gains (losses), before income tax
 
176

 
189

 
349

 
469

 
 
Income tax (expense) benefit
 
(55
)
 
(42
)
 
(114
)
 
(163
)
 
 
Net unrealized investment gains (losses), net of income tax
 
121

 
147

 
235

 
306

 
 
Unrealized gains (losses) on derivatives - cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
12

 
10

 
27

 
14

 
Net derivative gains (losses)
Interest rate swaps
 
2

 
2

 
4

 
4

 
Net investment income
Interest rate forwards
 
2

 
3

 
2

 
6

 
Net derivative gains (losses)
Interest rate forwards
 
1

 

 
2

 
1

 
Net investment income
Interest rate forwards
 
1

 

 
1

 
(1
)
 
Other expenses
Foreign currency swaps
 
62

 
(68
)
 
98

 
(257
)
 
Net derivative gains (losses)
Foreign currency swaps
 

 
(1
)
 
(1
)
 
(2
)
 
Net investment income
Foreign currency swaps
 

 

 
1

 

 
Other expenses
Credit forwards
 

 
1

 

 
1

 
Net investment income
Gains (losses) on cash flow hedges, before income tax
 
80

 
(53
)
 
134

 
(234
)
 
 
Income tax (expense) benefit
 
(25
)
 
9

 
(44
)
 
74

 
 
Gains (losses) on cash flow hedges, net of income tax
 
55

 
(44
)
 
90

 
(160
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign translation adjustment
 
(77
)
 

 
(77
)
 

 
Net investment gains (losses)
Income tax (expense) benefit
 
27

 

 
27

 

 
 
Foreign translation adjustment, net of income tax
 
(50
)
 

 
(50
)
 

 
 
Defined benefit plans adjustment: (1)
 
 
 
 
 
 
 
 
 
 
Amortization of net actuarial gains (losses)
 
(47
)
 
(70
)
 
(91
)
 
(141
)
 
 
Amortization of prior service (costs) credit
 
1

 
18

 

 
34

 
 
Amortization of defined benefit plan items, before income tax
 
(46
)
 
(52
)
 
(91
)
 
(107
)
 
 
Income tax (expense) benefit
 
16

 
18

 
32

 
36

 
 
Amortization of defined benefit plan items, net of income tax
 
(30
)
 
(34
)
 
(59
)
 
(71
)
 
 
Total reclassifications, net of income tax
 
$
96

 
$
69

 
$
216

 
$
75

 
 
__________________
(1)
These AOCI components are included in the computation of net periodic benefit costs. See Note 12.