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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $329,203 and $334,780, respectively; includes $4,293 and $4,266, respectively, relating to variable interest entities) $ 351,578 $ 365,425
Equity securities available-for-sale, at estimated fair value (cost: $3,096 and $3,076, respectively) 3,399 3,631
Fair value option and trading securities, at estimated fair value (includes $696 and $704, respectively, of actively traded securities; and $14 and $60, respectively, relating to variable interest entities) 15,361 16,689
Mortgage loans (net of valuation allowances of $311 and $305, respectively; includes $290 and $280, respectively, at estimated fair value, relating to variable interest entities; includes $315 and $308, respectively, under the fair value option) 63,553 60,118
Policy loans (includes $4 and $3, respectively, relating to variable interest entities) 11,549 11,618
Real estate and real estate joint ventures (includes $0 and $8, respectively, relating to variable interest entities; includes $905 and $172, respectively, of real estate held-for-sale) 9,923 10,525
Other limited partnership interests (includes $27 and $34, respectively, relating to variable interest entities) 7,901 8,085
Short-term investments, principally at estimated fair value (includes $26 and $20, respectively, relating to variable interest entities) 14,957 8,621
Other invested assets, principally at estimated fair value (includes $43 and $56, respectively, relating to variable interest entities) 23,356 21,283
Total investments 501,577 505,995
Cash and cash equivalents, principally at estimated fair value (includes $48 and $57, respectively, relating to variable interest entities) 10,216 10,808
Accrued investment income (includes $26 and $21, respectively, relating to variable interest entities) 4,187 4,120
Premiums, reinsurance and other receivables (includes $21 and $21, respectively, relating to variable interest entities) 25,808 22,244
Deferred policy acquisition costs and value of business acquired (includes $230 and $235, respectively, relating to variable interest entities) 23,996 24,442
Goodwill 9,546 9,872
Other assets (includes $146 and $134, respectively, relating to variable interest entities) 7,881 7,862
Separate account assets (includes $1,056 and $1,128, respectively, relating to variable interest entities) 299,249 316,994
Total assets 882,460 902,337
Liabilities    
Future policy benefits (includes $670 and $579, respectively, relating to variable interest entities) 190,754 189,586
Policyholder account balances (includes $21 and $33, respectively, relating to variable interest entities) 202,291 209,294
Other policy-related balances (includes $225 and $198, respectively, relating to variable interest entities) 14,521 14,422
Policyholder dividends payable 716 684
Policyholder dividend obligation 2,309 3,155
Payables for collateral under securities loaned and other transactions 37,991 35,326
Short-term debt 100 100
Long-term debt (includes $162 and $151, respectively, at estimated fair value, relating to variable interest entities) 16,755 16,286
Collateral financing arrangements 4,152 4,196
Junior subordinated debt securities 3,194 3,193
Current income tax payable 21 184
Deferred income tax liability 11,363 11,821
Other liabilities (includes $71 and $80, respectively, relating to variable interest entities) 27,977 24,437
Separate account liabilities (includes $1,056 and $1,128, respectively, relating to variable interest entities) 299,249 316,994
Total liabilities $ 811,393 $ 829,678
Contingencies, Commitments and Guarantees (Note 14)
Redeemable noncontrolling interests in partially-owned consolidated subsidiaries $ 79 $ 99
MetLife, Inc.’s stockholders’ equity:    
Preferred stock, par value $0.01 per share; $2,100 aggregate liquidation preference 0 1
Common stock, par value $0.01 per share; 3,000,000,000 shares authorized; 1,159,310,431 and 1,153,998,144 shares issued, respectively; 1,114,764,365 and 1,131,927,894 shares outstanding, respectively 12 12
Additional paid-in capital 30,726 30,543
Retained earnings 35,153 32,020
Treasury stock, at cost; 44,546,066 and 22,070,250 shares, respectively (2,279) (1,172)
Accumulated other comprehensive income (loss) 6,891 10,649
Total MetLife, Inc.’s stockholders’ equity 70,503 72,053
Noncontrolling interests 485 507
Total equity 70,988 72,560
Total liabilities and equity $ 882,460 $ 902,337