XML 16 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $338,030 and $330,354, respectively; includes $0 and $3,422, respectively, relating to variable interest entities) $ 364,084 $ 350,889
Equity securities available-for-sale, at estimated fair value (cost: $2,983 and $2,744, respectively) 3,415 3,194
Fair value option securities, at estimated fair value (includes $7 and $8, respectively, relating to variable interest entities) 14,762 13,923
Mortgage loans (net of valuation allowances of $356 and $344, respectively; includes $123 and $136, respectively, at estimated fair value, relating to variable interest entities; includes $615 and $566, respectively, under the fair value option) 77,572 74,545
Policy loans 11,072 11,028
Real estate and real estate joint ventures (includes $44 and $59, respectively, of real estate held-for-sale) 9,484 9,041
Other limited partnership interests (includes $13 and $14, respectively, relating to variable interest entities) 6,874 6,778
Short-term Investments 7,177 7,810
Other invested assets, principally at estimated fair value (includes $31 and $31, respectively, relating to variable interest entities) 19,596 23,185
Total investments 514,036 500,393
Cash and cash equivalents, principally at estimated fair value (includes $1 and $1, respectively, relating to variable interest entities) 17,319 17,877
Accrued investment income (includes $1 and $1, respectively, relating to variable interest entities) 3,970 3,988
Premiums, reinsurance and other receivables (includes $6 and $2, respectively, relating to variable interest entities) 26,487 26,081
Deferred policy acquisition costs and value of business acquired 25,408 24,798
Current income tax recoverable 66 20
Goodwill 9,385 9,220
Other assets (includes $3 and $3, respectively, relating to variable interest entities) 8,073 7,767
Separate account assets 320,455 308,620
Total assets 925,199 898,764
Liabilities    
Future policy benefits 205,836 199,971
Policyholder account balances 216,257 210,235
Other policy-related balances 14,708 14,386
Policyholder dividends payable 722 708
Policyholder dividend obligation 2,237 1,931
Payables for collateral under securities loaned and other transactions 33,725 33,264
Short-term debt 235 242
Long-term debt (includes $28 and $35, respectively, at estimated fair value, relating to variable interest entities) 19,508 16,502
Collateral financing arrangements 1,235 4,071
Junior subordinated debt securities 3,169 3,169
Deferred income tax liability 10,383 9,367
Other liabilities 27,060 28,818
Separate account liabilities 320,455 308,620
Total liabilities 855,530 831,284
Contingencies, Commitments and Guarantees (Note 14)
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; 1,166,331,934 and 1,164,029,985 shares issued, respectively; 1,063,465,987 and 1,095,519,005 shares outstanding, respectively 12 12
Additional paid-in capital 31,021 30,944
Retained earnings 35,270 34,480
Treasury stock, at cost; 102,865,947 and 68,510,980 shares, respectively (5,284) (3,474)
Accumulated other comprehensive income (loss) 8,436 5,347
Total MetLife, Inc.’s stockholders’ equity 69,455 67,309
Noncontrolling interests 214 171
Total equity 69,669 67,480
Total liabilities and equity $ 925,199 $ 898,764