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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Premiums $ 9,417 $ 9,312 $ 19,110 $ 18,565
Universal life and investment-type product policy fees 2,286 2,434 4,630 4,828
Net investment income 4,887 4,947 9,446 10,408
Other revenues 487 518 974 1,013
Net investment gains (losses):        
Other-than-temporary impairments on fixed maturity securities (8) 0 (86) (8)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income (loss) (6) (2) (6) (12)
Other net investment gains (losses) 280 (131) 373 173
Total net investment gains (losses) 266 (133) 281 153
Net derivative gains (losses) (2,099) (912) (764) (91)
Total revenues 15,244 16,166 33,677 34,876
Expenses        
Policyholder benefits and claims 10,274 9,352 19,952 18,609
Interest credited to policyholder account balances 1,500 1,298 2,826 3,293
Policyholder dividends 324 331 639 670
Other expenses 3,246 4,072 7,438 8,132
Total expenses 15,344 15,053 30,855 30,704
Income (loss) before provision for income tax (100) 1,113 2,822 4,172
Provision for income tax expense (benefit) (214) (6) 505 890
Net income (loss) 114 1,119 2,317 3,282
Less: Net income (loss) attributable to noncontrolling interests 4 4 6 9
Net income (loss) attributable to MetLife, Inc. 110 1,115 2,311 3,273
Less: Preferred stock dividends 46 31 52 61
Preferred stock repurchase premium 0 42 0 42
Net income (loss) available to MetLife, Inc.’s common shareholders 64 1,042 2,259 3,170
Comprehensive income (loss) 3,884 (3,994) 12,272 (893)
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 7 (23) 100 40
Comprehensive income (loss) attributable to MetLife, Inc. $ 3,877 $ (3,971) $ 12,172 $ (933)
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:        
Basic $ 0.06 $ 0.93 $ 2.05 $ 2.83
Diluted 0.06 0.92 2.04 2.80
Cash dividends declared per common share $ 0.400 $ 0.375 $ 0.775 $ 0.725