XML 48 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Information (Earnings) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Premiums $ 9,935 $ 9,417 $ 19,250 $ 19,110
Universal life and investment-type product policy fees 2,302 2,286 4,604 4,630
Net investment income 4,959 4,887 10,155 9,446
Other revenues 382 487 756 974
Net investment gains (losses) 104 266 112 281
Net derivative gains (losses) (437) (2,099) (1,363) (764)
Total revenues 17,245 15,244 33,514 33,677
Expenses        
Policyholder benefits and claims and policyholder dividends 10,622 10,598 20,798 20,591
Interest credited to policyholder account balances 1,562 1,500 3,274 2,826
Capitalization of DAC (821) (915) (1,617) (1,896)
Amortization of DAC and VOBA 704 121 1,237 1,116
Amortization of negative VOBA (38) (67) (81) (166)
Interest expense on debt 295 306 591 618
Other expenses 3,919 3,801 7,493 7,766
Total expenses 16,243 15,344 31,695 30,855
Provision for income tax expense (benefit) 115 (214) 103 505
Net income (loss) 887 114 1,716 2,317
Operating Segments        
Revenues        
Premiums 9,935 9,417 19,250 18,684
Universal life and investment-type product policy fees 2,191 2,173 4,392 4,324
Net investment income 4,884 4,881 9,879 9,587
Other revenues 377 484 745 971
Net investment gains (losses) 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Total revenues 17,387 16,955 34,266 33,566
Expenses        
Policyholder benefits and claims and policyholder dividends 10,350 10,385 20,178 19,978
Interest credited to policyholder account balances 1,349 1,314 2,659 2,615
Capitalization of DAC (821) (915) (1,617) (1,791)
Amortization of DAC and VOBA 844 1,015 1,689 1,896
Amortization of negative VOBA (35) (61) (75) (128)
Interest expense on debt 294 303 590 615
Other expenses 3,576 3,659 7,044 7,369
Total expenses 15,557 15,700 30,468 30,554
Provision for income tax expense (benefit) 377 285 793 707
Operating earnings 1,453 970 3,005 2,305
Operating Segments | U.S.        
Revenues        
Premiums 5,877 5,171 11,062 10,191
Universal life and investment-type product policy fees 251 248 516 498
Net investment income 1,575 1,565 3,187 3,025
Other revenues 199 193 403 397
Net investment gains (losses) 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Total revenues 7,902 7,177 15,168 14,111
Expenses        
Policyholder benefits and claims and policyholder dividends 5,878 5,270 11,113 10,316
Interest credited to policyholder account balances 359 323 710 645
Capitalization of DAC (116) (121) (216) (232)
Amortization of DAC and VOBA 114 118 228 236
Amortization of negative VOBA 0 0 0 0
Interest expense on debt 4 3 6 5
Other expenses 914 918 1,823 1,860
Total expenses 7,153 6,511 13,664 12,830
Provision for income tax expense (benefit) 250 223 502 432
Operating earnings 499 443 1,002 849
Operating Segments | Asia        
Revenues        
Premiums 1,659 1,681 3,367 3,339
Universal life and investment-type product policy fees 375 370 741 720
Net investment income 729 678 1,431 1,296
Other revenues 11 16 21 33
Net investment gains (losses) 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Total revenues 2,774 2,745 5,560 5,388
Expenses        
Policyholder benefits and claims and policyholder dividends 1,247 1,324 2,562 2,560
Interest credited to policyholder account balances 333 324 654 643
Capitalization of DAC (428) (426) (848) (811)
Amortization of DAC and VOBA 290 304 581 590
Amortization of negative VOBA (30) (57) (67) (121)
Interest expense on debt 0 0 0 0
Other expenses 895 877 1,770 1,728
Total expenses 2,307 2,346 4,652 4,589
Provision for income tax expense (benefit) 157 140 303 235
Operating earnings 310 259 605 564
Operating Segments | Latin America        
Revenues        
Premiums 645 631 1,292 1,232
Universal life and investment-type product policy fees 275 269 535 537
Net investment income 289 243 592 498
Other revenues 8 8 17 15
Net investment gains (losses) 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Total revenues 1,217 1,151 2,436 2,282
Expenses        
Policyholder benefits and claims and policyholder dividends 596 583 1,229 1,133
Interest credited to policyholder account balances 94 84 176 164
Capitalization of DAC (88) (80) (170) (153)
Amortization of DAC and VOBA 68 66 146 129
Amortization of negative VOBA 0 0 0 0
Interest expense on debt 2 0 3 0
Other expenses 357 323 683 633
Total expenses 1,029 976 2,067 1,906
Provision for income tax expense (benefit) 34 38 72 88
Operating earnings 154 137 297 288
Operating Segments | EMEA        
Revenues        
Premiums 505 519 1,007 1,019
Universal life and investment-type product policy fees 92 95 187 190
Net investment income 78 83 152 163
Other revenues 28 19 45 39
Net investment gains (losses) 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Total revenues 703 716 1,391 1,411
Expenses        
Policyholder benefits and claims and policyholder dividends 270 283 539 544
Interest credited to policyholder account balances 25 30 49 59
Capitalization of DAC (100) (106) (192) (207)
Amortization of DAC and VOBA 95 103 182 205
Amortization of negative VOBA (5) (4) (8) (7)
Interest expense on debt 0 0 0 0
Other expenses 332 336 648 669
Total expenses 617 642 1,218 1,263
Provision for income tax expense (benefit) 14 10 26 21
Operating earnings 72 64 147 127
Operating Segments | MetLife Holdings        
Revenues        
Premiums 1,022 1,122 2,081 2,219
Universal life and investment-type product policy fees 345 361 707 716
Net investment income 1,401 1,477 2,842 2,952
Other revenues 37 203 133 407
Net investment gains (losses) 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Total revenues 2,805 3,163 5,763 6,294
Expenses        
Policyholder benefits and claims and policyholder dividends 1,720 1,927 3,456 3,750
Interest credited to policyholder account balances 255 261 512 519
Capitalization of DAC (23) (96) (57) (196)
Amortization of DAC and VOBA 139 269 213 417
Amortization of negative VOBA 0 0 0 0
Interest expense on debt 5 14 20 28
Other expenses 370 864 710 1,460
Total expenses 2,466 3,239 4,854 5,978
Provision for income tax expense (benefit) 104 (43) 289 82
Operating earnings 235 (33) 620 234
Operating Segments | Brighthouse Financial        
Revenues        
Premiums 217 280 394 673
Universal life and investment-type product policy fees 885 861 1,769 1,719
Net investment income 791 870 1,649 1,683
Other revenues 162 346 236 432
Net investment gains (losses) 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Total revenues 2,055 2,357 4,048 4,507
Expenses        
Policyholder benefits and claims and policyholder dividends 654 1,008 1,285 1,711
Interest credited to policyholder account balances 283 291 558 580
Capitalization of DAC (63) (83) (130) (185)
Amortization of DAC and VOBA 136 152 336 314
Amortization of negative VOBA 0 0 0 0
Interest expense on debt 26 32 58 64
Other expenses 647 555 1,259 1,179
Total expenses 1,683 1,955 3,366 3,663
Provision for income tax expense (benefit) 89 105 155 220
Operating earnings 283 297 527 624
Operating Segments | Corporate & Other        
Revenues        
Premiums 10 13 47 11
Universal life and investment-type product policy fees (32) (31) (63) (56)
Net investment income 21 (35) 26 (30)
Other revenues (68) (301) (110) (352)
Net investment gains (losses) 0 0 0 0
Net derivative gains (losses) 0 0 0 0
Total revenues (69) (354) (100) (427)
Expenses        
Policyholder benefits and claims and policyholder dividends (15) (10) (6) (36)
Interest credited to policyholder account balances 0 1 0 5
Capitalization of DAC (3) (3) (4) (7)
Amortization of DAC and VOBA 2 3 3 5
Amortization of negative VOBA 0 0 0 0
Interest expense on debt 257 254 503 518
Other expenses 61 (214) 151 (160)
Total expenses 302 31 647 325
Provision for income tax expense (benefit) (271) (188) (554) (371)
Operating earnings (100) (197) (193) (381)
Significant Reconciling Items        
Revenues        
Premiums 0 0 0 426
Universal life and investment-type product policy fees 111 113 212 306
Net investment income 75 6 276 (141)
Other revenues 5 3 11 3
Net investment gains (losses) 104 266 112 281
Net derivative gains (losses) (437) (2,099) (1,363) (764)
Total revenues (142) (1,711) (752) 111
Expenses        
Policyholder benefits and claims and policyholder dividends 272 213 620 613
Interest credited to policyholder account balances 213 186 615 211
Capitalization of DAC 0 0 0 (105)
Amortization of DAC and VOBA (140) (894) (452) (780)
Amortization of negative VOBA (3) (6) (6) (38)
Interest expense on debt 1 3 1 3
Other expenses 343 142 449 397
Total expenses 686 (356) 1,227 301
Provision for income tax expense (benefit) $ (262) $ (499) $ (690) $ (202)