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Segment Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Segment Reporting Information, by Segment
 
 
Operating Results
 
 
 
 
Three Months Ended September 30, 2016
 
U.S.
 
Asia
 
Latin
America
 
EMEA
 
MetLife Holdings
 
Brighthouse Financial
 
Corporate & Other
 
Total
 
Adjustments
 
Total
Consolidated
 
 
(In millions)
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Premiums
 
$
5,936

 
$
1,822

 
$
653

 
$
500

 
$
1,093

 
$
347

 
$
40

 
$
10,391

 
$

 
$
10,391

Universal life and investment-type product policy fees
 
245

 
394

 
227

 
104

 
357

 
903

 
(31
)
 
2,199

 
97

 
2,296

Net investment income
 
1,590

 
707

 
311

 
81

 
1,537

 
941

 
(7
)
 
5,160

 
304

 
5,464

Other revenues
 
192

 
12

 
11

 
17

 
105

 
50

 
(28
)
 
359

 
7

 
366

Net investment gains (losses)
 

 

 

 

 

 

 

 

 
257

 
257

Net derivative gains (losses)
 

 

 

 

 

 

 

 

 
(1,051
)
 
(1,051
)
Total revenues
 
7,963

 
2,935

 
1,202

 
702

 
3,092

 
2,241

 
(26
)
 
18,109

 
(386
)
 
17,723

Expenses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Policyholder benefits and claims and policyholder dividends
 
5,894

 
1,363

 
681

 
257

 
1,853

 
814

 
10

 
10,872

 
295

 
11,167

Interest credited to policyholder account balances
 
322

 
331

 
85

 
28

 
261

 
288

 

 
1,315

 
505

 
1,820

Goodwill impairment
 

 

 

 

 

 

 

 

 
260

 
260

Capitalization of DAC
 
(124
)
 
(440
)
 
(83
)
 
(103
)
 
(44
)
 
(70
)
 
1

 
(863
)
 

 
(863
)
Amortization of DAC and VOBA
 
117

 
331

 
(2
)
 
106

 
219

 
509

 
2

 
1,282

 
(265
)
 
1,017

Amortization of negative VOBA
 

 
(46
)
 
(1
)
 
(3
)
 

 

 

 
(50
)
 
(5
)
 
(55
)
Interest expense on debt
 
2

 

 
1

 

 
15

 
32

 
241

 
291

 
1

 
292

Other expenses
 
912

 
930

 
335

 
332

 
401

 
560

 
(3
)
 
3,467

 
70

 
3,537

Total expenses
 
7,123

 
2,469

 
1,016

 
617

 
2,705

 
2,133

 
251

 
16,314

 
861

 
17,175

Provision for income tax expense (benefit)
 
288

 
142

 
53

 
11

 
121

 
40

 
(287
)
 
368

 
(393
)
 
(25
)
Operating earnings
 
$
552

 
$
324

 
$
133

 
$
74

 
$
266

 
$
68

 
$
10

 
1,427

 
 
 
 
Adjustments to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(386
)
 
 
 
 
Total expenses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(861
)
 
 
 
 
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
393

 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
573

 
 
 
$
573

 
 
Operating Results
 
 
 
 
Three Months Ended September 30, 2015
 
U.S.
 
Asia
 
Latin
America
 
EMEA
 
MetLife Holdings
 
Brighthouse Financial
 
Corporate & Other
 
Total
 
Adjustments
 
Total
Consolidated
 
 
(In millions)
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Premiums
 
$
6,023

 
$
1,736

 
$
586

 
$
501

 
$
1,115

 
$
468

 
$
(53
)
 
$
10,376

 
$
(1
)
 
$
10,375

Universal life and investment-type product policy fees
 
233

 
382

 
261

 
106

 
370

 
921

 
(26
)
 
2,247

 
99

 
2,346

Net investment income
 
1,522

 
670

 
277

 
82

 
1,521

 
862

 
(85
)
 
4,849

 
(890
)
 
3,959

Other revenues
 
184

 
26

 
10

 
11

 
223

 
99

 
(58
)
 
495

 
(11
)
 
484

Net investment gains (losses)
 

 

 

 

 

 

 

 

 
382

 
382

Net derivative gains (losses)
 

 

 

 

 

 

 

 

 
485

 
485

Total revenues
 
7,962

 
2,814

 
1,134

 
700

 
3,229

 
2,350

 
(222
)
 
17,967

 
64

 
18,031

Expenses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Policyholder benefits and claims and policyholder dividends
 
5,976

 
1,331

 
581

 
233

 
1,885

 
846

 
(72
)
 
10,780

 
(92
)
 
10,688

Interest credited to policyholder account balances
 
304

 
327

 
88

 
27

 
266

 
313

 
6

 
1,331

 
(684
)
 
647

Goodwill impairment
 

 

 

 

 

 

 

 

 

 

Capitalization of DAC
 
(128
)
 
(435
)
 
(81
)
 
(107
)
 
(101
)
 
(102
)
 
(1
)
 
(955
)
 

 
(955
)
Amortization of DAC and VOBA
 
118

 
309

 
48

 
127

 
173

 
197

 
(1
)
 
971

 
160

 
1,131

Amortization of negative VOBA
 

 
(77
)
 

 
(5
)
 

 

 

 
(82
)
 
(8
)
 
(90
)
Interest expense on debt
 
1

 

 

 

 
13

 
32

 
248

 
294

 
8

 
302

Other expenses
 
908

 
896

 
348

 
352

 
647

 
614

 
361

 
4,126

 
19

 
4,145

Total expenses
 
7,179

 
2,351

 
984

 
627

 
2,883

 
1,900

 
541

 
16,465

 
(597
)
 
15,868

Provision for income tax expense (benefit)
 
272

 
125

 
(33
)
 
7

 
103

 
103

 
214

 
791

 
174

 
965

Operating earnings
 
$
511

 
$
338

 
$
183

 
$
66

 
$
243

 
$
347

 
$
(977
)
 
711

 
 
 
 
Adjustments to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
64

 
 
 
 
Total expenses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
597

 
 
 
 
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(174
)
 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
1,198

 
 
 
$
1,198



Operating Results




Nine Months Ended September 30, 2016

U.S.
 
Asia
 
Latin
America
 
EMEA
 
MetLife Holdings
 
Brighthouse Financial
 
Corporate & Other

Total

Adjustments

Total
Consolidated


(In millions)
Revenues




















Premiums

$
16,127


$
5,161


$
1,885


$
1,519


$
3,312


$
1,020


$
51


$
29,075


$
426


$
29,501

Universal life and investment-type product policy fees

743


1,114


764


294


1,073


2,622


(87
)

6,523


403


6,926

Net investment income

4,615


2,003


809


244


4,489


2,624


(37
)

14,747


163


14,910

Other revenues

589


45


26


56


512


482


(380
)

1,330


10


1,340

Net investment gains (losses)

















538


538

Net derivative gains (losses)

















(1,815
)

(1,815
)
Total revenues

22,074

 
8,323

 
3,484

 
2,113

 
9,386

 
6,748

 
(453
)
 
51,675

 
(275
)
 
51,400

Expenses









 





 



 
Policyholder benefits and claims and policyholder dividends

16,210


3,923


1,814


801


5,603


2,525


(26
)

30,850


908


31,758

Interest credited to policyholder account balances

967


974


249


87


780


868


5


3,930


716


4,646

Goodwill impairment
 

 

 

 

 

 

 

 

 
260

 
260

Capitalization of DAC

(356
)

(1,251
)

(236
)

(310
)

(240
)

(255
)

(6
)

(2,654
)

(105
)

(2,759
)
Amortization of DAC and VOBA

353


921


127


311


636


823


7


3,178


(1,045
)

2,133

Amortization of negative VOBA



(167
)

(1
)

(10
)







(178
)

(43
)

(221
)
Interest expense on debt

7




1




43


96


759


906


4


910

Other expenses

2,772


2,658


968


1,001


1,861


1,739


(163
)

10,836


467


11,303

Total expenses

19,953

 
7,058

 
2,922

 
1,880

 
8,683

 
5,796

 
576

 
46,868

 
1,162

 
48,030

Provision for income tax expense (benefit)

720


377


141


32


203


260


(658
)

1,075


(595
)

480

Operating earnings

$
1,401

 
$
888

 
$
421

 
$
201

 
$
500

 
$
692

 
$
(371
)

3,732





Adjustments to:















 



 
Total revenues















(275
)



 
Total expenses















(1,162
)



 
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
 
 
 
 
 

595




 
Net income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 

$
2,890




$
2,890


 
 
Operating Results
 
 
 
 
Nine Months Ended September 30, 2015
 
U.S.
 
Asia
 
Latin
America
 
EMEA
 
MetLife Holdings
 
Brighthouse Financial
 
Corporate & Other
 
Total
 
Adjustments
 
Total
Consolidated
 
 
(In millions)
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Premiums
 
$
15,712

 
$
5,297

 
$
1,925

 
$
1,534

 
$
3,345

 
$
1,159

 
$
(30
)
 
$
28,942

 
$
(2
)
 
$
28,940

Universal life and investment-type product policy fees
 
700

 
1,179

 
856

 
322

 
1,117

 
2,789

 
(87
)
 
6,876

 
298

 
7,174

Net investment income
 
4,723

 
2,033

 
774

 
249

 
4,690

 
2,536

 
11

 
15,016

 
(649
)
 
14,367

Other revenues
 
567

 
82

 
27

 
40

 
711

 
310

 
(212
)
 
1,525

 
(28
)
 
1,497

Net investment gains (losses)
 

 

 

 

 

 

 

 

 
535

 
535

Net derivative gains (losses)
 

 

 

 

 

 

 

 

 
394

 
394

Total revenues
 
21,702

 
8,591

 
3,582

 
2,145

 
9,863

 
6,794

 
(318
)
 
52,359

 
548

 
52,907

Expenses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Policyholder benefits and claims and policyholder dividends
 
15,675

 
4,046

 
1,793

 
737

 
5,479

 
2,103

 
(103
)
 
29,730

 
237

 
29,967

Interest credited to policyholder account balances
 
905

 
992

 
263

 
91

 
793

 
940

 
20

 
4,004

 
(64
)
 
3,940

Goodwill impairment
 

 

 

 

 

 

 

 

 

 

Capitalization of DAC
 
(365
)
 
(1,268
)
 
(246
)
 
(372
)
 
(292
)
 
(305
)
 
(2
)
 
(2,850
)
 

 
(2,850
)
Amortization of DAC and VOBA
 
352

 
971

 
195

 
388

 
423

 
595

 
1

 
2,925

 
128

 
3,053

Amortization of negative VOBA
 

 
(241
)
 
(1
)
 
(13
)
 

 

 

 
(255
)
 
(27
)
 
(282
)
Interest expense on debt
 
4

 

 

 

 
41

 
96

 
757

 
898

 
10

 
908

Other expenses
 
2,740

 
2,669

 
1,070

 
1,103

 
1,988

 
1,830

 
408

 
11,808

 
28

 
11,836

Total expenses
 
19,311

 
7,169

 
3,074

 
1,934

 
8,432

 
5,259

 
1,081

 
46,260

 
312

 
46,572

Provision for income tax expense (benefit)
 
819

 
332

 
40

 
25

 
454

 
410

 
(156
)
 
1,924

 
(69
)
 
1,855

Operating earnings
 
$
1,572

 
$
1,090

 
$
468

 
$
186

 
$
977

 
$
1,125

 
$
(1,243
)
 
4,175

 
 
 
 
Adjustments to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
548

 
 
 
 
Total expenses
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(312
)
 
 
 
 
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
69

 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
4,480

 
 
 
$
4,480

The following table presents total assets with respect to the Company’s segments, as well as Corporate & Other, at:
 
 
September 30, 2016
 
December 31, 2015
 
 
(In millions)
U.S.
 
$
257,943

 
$
237,858

Asia
 
133,881

 
113,895

Latin America
 
70,421

 
64,808

EMEA
 
27,764

 
26,767

MetLife Holdings
 
195,267

 
187,677

Brighthouse Financial
 
240,696

 
226,792

Corporate & Other
 
26,932

 
20,136

Total
 
$
952,904

 
$
877,933