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Equity (Tables)
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Components of Accumulated Other Comprehensive Income (Loss)
Information regarding changes in the balances of each component of AOCI attributable to MetLife, Inc., was as follows:
 
Three Months 
 Ended 
 March 31, 2015
 
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
$
15,159

 
$
1,076

 
$
(3,303
)
 
$
(2,283
)
 
$
10,649

OCI before reclassifications
1,626

 
187

 
(670
)
 

 
1,143

Deferred income tax benefit (expense)
(501
)
 
(66
)
 
(13
)
 

 
(580
)
OCI before reclassifications, net of income tax
16,284

 
1,197

 
(3,986
)
 
(2,283
)
 
11,212

Amounts reclassified from AOCI
(113
)
 
554

 

 
57

 
498

Deferred income tax benefit (expense)
35

 
(196
)
 

 
(20
)
 
(181
)
Amounts reclassified from AOCI, net of income tax
(78
)
 
358

 

 
37

 
317

Balance, end of period
$
16,206

 
$
1,555

 
$
(3,986
)
 
$
(2,246
)
 
$
11,529

 
Three Months 
 Ended 
 March 31, 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
4,852

 
321

 
(217
)
 

 
4,956

Deferred income tax benefit (expense)
(1,645
)
 
(113
)
 
33

 

 
(1,725
)
OCI before reclassifications, net of income tax
11,390

 
439

 
(1,843
)
 
(1,651
)
 
8,335

Amounts reclassified from AOCI
(173
)
 
(54
)
 

 
45

 
(182
)
Deferred income tax benefit (expense)
59

 
19

 

 
(16
)
 
62

Amounts reclassified from AOCI, net of income tax
(114
)
 
(35
)
 

 
29

 
(120
)
Balance, end of period
$
11,276

 
$
404

 
$
(1,843
)
 
$
(1,622
)
 
$
8,215

__________________
(1)
See Note 5 for information on offsets to investments related to future policy benefits, DAC, VOBA and DSI, 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
 
Consolidated Statement of Operations and
Comprehensive Income (Loss) Locations
 
 
Three Months 
 Ended 
 March 31,
 
 
 
 
2015
 
2014
 
 
 
 
(In millions)
 
 
Net unrealized investment gains (losses):
 
 
 
 
 
 
Net unrealized investment gains (losses)
 
$
139

 
$
112

 
Net investment gains (losses)
Net unrealized investment gains (losses)
 
40

 
26

 
Net investment income
Net unrealized investment gains (losses)
 
(66
)
 
35

 
Net derivative gains (losses)
Net unrealized investment gains (losses), before income tax
 
113

 
173

 
 
Income tax (expense) benefit
 
(35
)
 
(59
)
 
 
Net unrealized investment gains (losses), net of income tax
 
$
78

 
$
114

 
 
Unrealized gains (losses) on derivatives - cash flow hedges:
 
 
 
 
 
 
Interest rate swaps
 
$
5

 
$
15

 
Net derivative gains (losses)
Interest rate swaps
 
3

 
2

 
Net investment income
Interest rate forwards
 
3

 

 
Net derivative gains (losses)
Interest rate forwards
 
1

 
1

 
Net investment income
Interest rate forwards
 
1

 

 
Other expenses
Foreign currency swaps
 
(567
)
 
36

 
Net derivative gains (losses)
Foreign currency swaps
 

 
(1
)
 
Net investment income
Foreign currency swaps
 

 
1

 
Other expenses
Gains (losses) on cash flow hedges, before income tax
 
(554
)
 
54

 
 
Income tax (expense) benefit
 
196

 
(19
)
 
 
Gains (losses) on cash flow hedges, net of income tax
 
$
(358
)
 
$
35

 
 
 
 
 
 
 
 
 
Defined benefit plans adjustment: (1)
 
 
 
 
 
 
Amortization of net actuarial gains (losses)
 
$
(58
)
 
$
(44
)
 
 
Amortization of prior service (costs) credit
 
1

 
(1
)
 
 
Amortization of defined benefit plan items, before
 income tax
 
(57
)
 
(45
)
 
 
Income tax (expense) benefit
 
20

 
16

 
 
Amortization of defined benefit plan items, net of income tax
 
$
(37
)
 
$
(29
)
 
 
Total reclassifications, net of income tax
 
$
(317
)
 
$
120

 
 
__________________
(1)
These AOCI components are included in the computation of net periodic benefit costs. See Note 11.