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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $286,684 and $271,701, respectively) $ 308,894 $ 289,563
Equity securities available-for-sale, at estimated fair value (cost: $2,386 and $2,464, respectively) 2,776 2,894
Fair value option securities, at estimated fair value (includes $7 and $8, respectively, relating to variable interest entities) 16,538 13,923
Mortgage loans (net of valuation allowances of $316 and $304, respectively; includes $564 and $566, respectively, under the fair value option) 68,057 65,167
Policy loans 9,585 9,511
Real estate and real estate joint ventures (includes $61 and $59, respectively, of real estate held-for-sale) 9,486 8,891
Other limited partnership interests (includes $0 and $14, respectively, relating to variable interest entities) 5,501 5,136
Short-term Investments 7,217 6,523
Other invested assets (includes $133 and $31, respectively, relating to variable interest entities) 17,652 19,303
Total investments 445,706 420,911
Cash and cash equivalents, principally at estimated fair value (includes $9 and $1, respectively, relating to variable interest entities) 13,023 12,651
Accrued investment income 3,692 3,308
Premiums, reinsurance and other receivables (includes $3 and $2, respectively, relating to variable interest entities) 18,588 15,445
Deferred policy acquisition costs and value of business acquired 18,399 17,590
Current income tax recoverable 3 20
Goodwill 9,556 9,220
Assets of disposed subsidiary 0 216,983
Other assets (includes $3 and $3, respectively, relating to variable interest entities) 8,149 7,058
Separate account assets 203,399 195,578
Total assets 720,515 898,764
Liabilities    
Future policy benefits 176,005 166,701
Policyholder account balances 182,513 173,168
Other policy-related balances 15,026 13,030
Policyholder dividends payable 730 696
Policyholder dividend obligation 2,201 1,931
Payables for collateral under securities loaned and other transactions 27,132 25,873
Short-term debt 214 242
Long-term debt (includes $6 and $12, respectively, relating to variable interest entities) 16,688 16,441
Collateral financing arrangements 1,220 1,274
Junior subordinated debt securities 3,144 3,169
Disposal Group, Including Discontinued Operation, Liabilities 0 202,707
Deferred income tax liability 8,554 6,774
Other liabilities 26,745 23,700
Separate account liabilities 203,399 195,578
Total liabilities 663,571 831,284
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; 1,167,535,225 and 1,164,029,985 shares issued, respectively; 1,054,286,620 and 1,095,519,005 shares outstanding, respectively 12 12
Additional paid-in capital 31,066 30,944
Retained earnings 24,410 34,480
Treasury stock, at cost; 113,248,605 and 68,510,980 shares, respectively (5,779) (3,474)
Accumulated other comprehensive income (loss) 7,005 5,347
Total MetLife, Inc.’s stockholders’ equity 56,714 67,309
Noncontrolling interests 230 171
Total equity 56,944 67,480
Total liabilities and equity $ 720,515 $ 898,764