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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - 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):        
Other-than-temporary impairments on fixed maturity securities (3) (8) (3) (86)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income (loss) 0 (6) 0 (6)
Other net investment gains (losses) 107 280 115 373
Total 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 10,302 10,274 20,161 19,952
Interest credited to policyholder account balances 1,562 1,500 3,274 2,826
Policyholder dividends 320 324 637 639
Other expenses 4,059 3,246 7,623 7,438
Total expenses 16,243 15,344 31,695 30,855
Income (loss) before provision for income tax 1,002 (100) 1,819 2,822
Provision for income tax expense (benefit) 115 (214) 103 505
Net income (loss) 887 114 1,716 2,317
Less: Net income (loss) attributable to noncontrolling interests 3 4 6 6
Net income (loss) attributable to MetLife, Inc. 884 110 1,710 2,311
Less: Preferred stock dividends 46 46 52 52
Net income (loss) available to MetLife, Inc.’s common shareholders 838 64 1,658 2,259
Comprehensive income (loss) 2,926 3,884 4,805 12,272
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 2 7 6 100
Comprehensive income (loss) attributable to MetLife, Inc. $ 2,924 $ 3,877 $ 4,799 $ 12,172
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:        
Basic $ 0.78 $ 0.06 $ 1.53 $ 2.05
Diluted 0.77 0.06 1.52 2.04
Cash dividends declared per common share $ 0.400 $ 0.400 $ 0.800 $ 0.775