Equity (Tables)

3 Months Ended

Mar. 31, 2016

Equity [Abstract]

Schedule of Stock by Class

Preferred stock authorized, issued and outstanding was as follows at both March 31, 2016 and December 31, 2015:

Series	Shares Authorized	Shares Issued	Shares Outstanding
Floating Rate Non-Cumulative Preferred Stock, Series A	27,600,000	24,000,000	24,000,000
5.25% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series C	1,500,000	1,500,000	1,500,000
Series A Junior Participating Preferred Stock	10,000,000	—	—
Not designated	160,900,000	—	—
Total	200,000,000	25,500,000	25,500,000

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, 2016
	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	$	10,315		$	1,458		$	(4,950	)	$	(2,052	)	$	4,771
OCI before reclassifications	7,670			696			551			—			8,917
Deferred income tax benefit (expense)	(2,549		)	(199		)	117			—			(2,631		)
AOCI before reclassifications, net of income tax	15,436			1,955			(4,282		)	(2,052		)	11,057
Amounts reclassified from AOCI	17			(323		)	—			48			(258		)
Deferred income tax benefit (expense)	(7		)	93			—			(20		)	66
Amounts reclassified from AOCI, net of income tax	10			(230		)	—			28			(192		)
Balance, end of period	$	15,446		$	1,725		$	(4,282	)	$	(2,024	)	$	10,865

	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		)
AOCI 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

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(1) See Note 6 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,
		2016			2015
	(In millions)
Net unrealized investment gains (losses):
Net unrealized investment gains (losses)		$	(33	)	$	139		Net investment gains (losses)
Net unrealized investment gains (losses)		3			40			Net investment income
Net unrealized investment gains (losses)		13			(66		)	Net derivative gains (losses)
Net unrealized investment gains (losses), before income tax		(17		)	113
Income tax (expense) benefit		7			(35		)
Net unrealized investment gains (losses), net of income tax		$	(10	)	$	78
Unrealized gains (losses) on derivatives - cash flow hedges:
Interest rate swaps		$	10		$	5		Net derivative gains (losses)
Interest rate swaps		3			3			Net investment income
Interest rate forwards		2			3			Net derivative gains (losses)
Interest rate forwards		1			1			Net investment income
Interest rate forwards		—			1			Other expenses
Foreign currency swaps		306			(567		)	Net derivative gains (losses)
Foreign currency swaps		1			—			Other expenses
Gains (losses) on cash flow hedges, before income tax		323			(554		)
Income tax (expense) benefit		(93		)	196
Gains (losses) on cash flow hedges, net of income tax		$	230		$	(358	)
Defined benefit plans adjustment: (1)
Amortization of net actuarial gains (losses)		$	(51	)	$	(58	)
Amortization of prior service (costs) credit		3			1
Amortization of defined benefit plan items, before  income tax		(48		)	(57		)
Income tax (expense) benefit		20			20
Amortization of defined benefit plan items, net of income tax		$	(28	)	$	(37	)
Total reclassifications, net of income tax		$	192		$	(317	)

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