XML 17 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $343,412 and $332,964, respectively; includes $3,396 and $4,277, respectively, relating to variable interest entities) $ 371,981 $ 351,402
Equity securities available-for-sale, at estimated fair value (cost: $3,010 and $2,997, respectively) 3,374 3,321
Fair value option and trading securities, at estimated fair value (includes $360 and $404, respectively, of actively traded securities; and $10 and $13, respectively, relating to variable interest entities) 14,993 15,024
Mortgage loans (net of valuation allowances of $381 and $318, respectively; includes $169 and $172, respectively, at estimated fair value, relating to variable interest entities; includes $392 and $314, respectively, under the fair value option) 68,651 67,102
Policy loans (includes $0 and $4, respectively, relating to variable interest entities) 11,257 11,258
Real estate and real estate joint ventures (includes $47 and $47, respectively, of real estate held-for-sale) 8,733 8,433
Other limited partnership interests (includes $27 and $27, respectively, relating to variable interest entities) 7,022 7,096
Short-term investments, principally at estimated fair value (includes $0 and $26, respectively, relating to variable interest entities) 11,621 9,299
Other invested assets, principally at estimated fair value (includes $43 and $43, respectively, relating to variable interest entities) 27,095 22,524
Total investments 524,727 495,459
Cash and cash equivalents, principally at estimated fair value (includes $18 and $85, respectively, relating to variable interest entities) 13,290 12,752
Accrued investment income (includes $1 and $23, respectively, relating to variable interest entities) 4,198 3,988
Premiums, reinsurance and other receivables (includes $3 and $21, respectively, relating to variable interest entities) 27,843 22,702
Deferred policy acquisition costs and value of business acquired (includes $0 and $240, respectively, relating to variable interest entities) 23,973 24,130
Current income tax recoverable 125 161
Goodwill 9,729 9,477
Other assets (includes $3 and $148, respectively, relating to variable interest entities) 7,496 7,666
Separate account assets (includes $0 and $1,022, respectively, relating to variable interest entities) 306,047 301,598
Total assets 917,428 877,933
Liabilities    
Future policy benefits (includes $0 and $716, respectively, relating to variable interest entities) 196,967 191,879
Policyholder account balances (includes $0 and $21, respectively, relating to variable interest entities) 207,593 202,722
Other policy-related balances (includes $0 and $238, respectively, relating to variable interest entities) 14,435 14,255
Policyholder dividends payable 706 720
Policyholder dividend obligation 2,586 1,783
Payables for collateral under securities loaned and other transactions 41,165 36,871
Short-term debt 100 100
Long-term debt (includes $55 and $63, respectively, at estimated fair value, relating to variable interest entities) 17,915 18,023
Collateral financing arrangements 4,127 4,139
Junior subordinated debt securities 3,168 3,194
Deferred income tax liability 13,776 10,592
Other liabilities (includes $0 and $81, respectively, relating to variable interest entities) 32,878 23,561
Separate account liabilities (includes $0 and $1,022, respectively, relating to variable interest entities) 306,047 301,598
Total liabilities $ 841,463 $ 809,437
Contingencies, Commitments and Guarantees (Note 13)
Redeemable noncontrolling interests in partially-owned consolidated subsidiaries $ 0 $ 77
MetLife, Inc.’s stockholders’ equity:    
Preferred stock, par value $0.01 per share; $2,100 aggregate liquidation preference 0 0
Common stock, par value $0.01 per share; 3,000,000,000 shares authorized; 1,161,534,632 and 1,159,590,766 shares issued, respectively; 1,098,526,527 and 1,098,028,525 shares outstanding, respectively 12 12
Additional paid-in capital 30,769 30,749
Retained earnings 37,301 35,519
Treasury stock, at cost; 63,008,105 and 61,562,241 shares, respectively (3,172) (3,102)
Accumulated other comprehensive income (loss) 10,865 4,771
Total MetLife, Inc.’s stockholders’ equity 75,775 67,949
Noncontrolling interests 190 470
Total equity 75,965 68,419
Total liabilities and equity $ 917,428 $ 877,933