Deferred Policy Acquisition Costs, Value of Business Acquired and Other Policy-Related Intangibles (Tables)

12 Months Ended

Dec. 31, 2016

Deferred Policy Acquisition Costs and Value of Business Acquired [Abstract]

Schedule of Deferred Policy Acquisition Costs and Value of Business Acquired

Information regarding DAC and VOBA was as follows:

	Years Ended December 31,
	2016			2015			2014
	(In millions)
DAC:
Balance at January 1,	$	13,464		$	13,003		$	13,218
Capitalizations	3,152			3,319			3,672
Amortization related to:
Net investment gains (losses) and net derivative gains (losses)	229			(129		)	156
Other expenses	(2,555		)	(2,590		)	(2,605		)
Total amortization	(2,326		)	(2,719		)	(2,449		)
Unrealized investment gains (losses)	(171		)	443			(609		)
Effect of foreign currency translation and other	(289		)	(582		)	(829		)
Balance at December 31,	13,830			13,464			13,003
VOBA:
Balance at January 1,	3,954			4,696			6,000
Amortization related to:
Net investment gains (losses) and net derivative gains (losses)	(3		)	(1		)	—
Other expenses	(377		)	(446		)	(580		)
Total amortization	(380		)	(447		)	(580		)
Unrealized investment gains (losses)	8			5			3
Effect of foreign currency translation and other	178			(300		)	(727		)
Balance at December 31,	3,760			3,954			4,696
Total DAC and VOBA:
Balance at December 31,	$	17,590		$	17,418		$	17,699

Schedule of Deferred Policy Acquisition Costs and Value of Business Acquired

Information regarding DAC and VOBA was as follows:

	Years Ended December 31,
	2016			2015			2014
	(In millions)
DAC:
Balance at January 1,	$	13,464		$	13,003		$	13,218
Capitalizations	3,152			3,319			3,672
Amortization related to:
Net investment gains (losses) and net derivative gains (losses)	229			(129		)	156
Other expenses	(2,555		)	(2,590		)	(2,605		)
Total amortization	(2,326		)	(2,719		)	(2,449		)
Unrealized investment gains (losses)	(171		)	443			(609		)
Effect of foreign currency translation and other	(289		)	(582		)	(829		)
Balance at December 31,	13,830			13,464			13,003
VOBA:
Balance at January 1,	3,954			4,696			6,000
Amortization related to:
Net investment gains (losses) and net derivative gains (losses)	(3		)	(1		)	—
Other expenses	(377		)	(446		)	(580		)
Total amortization	(380		)	(447		)	(580		)
Unrealized investment gains (losses)	8			5			3
Effect of foreign currency translation and other	178			(300		)	(727		)
Balance at December 31,	3,760			3,954			4,696
Total DAC and VOBA:
Balance at December 31,	$	17,590		$	17,418		$	17,699

Information regarding Deferred Policy Acquisition Costs and Value of Business Acquired by Segment

Information regarding total DAC and VOBA by segment, as well as Corporate & Other, was as follows at:

	December 31,
	2016			2015
	(In millions)
U.S.	$	616		$	615
Asia	8,707			8,374
Latin America	1,808			1,753
EMEA	1,472			1,532
MetLife Holdings	5,246			5,436
Corporate & Other	(259		)	(292		)
Total	$	17,590		$	17,418

Deferred Sales Inducements of Business Acquired

Information regarding other intangibles was as follows:

	Years Ended December 31,
	2016			2015			2014
	(In millions)
DSI:
Balance at January 1,	$	242		$	224		$	257
Capitalization	22			28			51
Amortization	(23		)	(30		)	(46		)
Unrealized investment gains (losses)	—			20			(36		)
Effect of foreign currency translation	—			—			(2		)
Balance at December 31,	$	241		$	242		$	224
VODA and VOCRA:
Balance at January 1,	$	583		$	692		$	801
Amortization	(57		)	(56		)	(63		)
Effect of foreign currency translation	(17		)	(53		)	(46		)
Balance at December 31,	$	509		$	583		$	692
Accumulated amortization	$	294		$	237		$	181
Negative VOBA:
Balance at January 1,	$	1,193		$	1,596		$	2,162
Amortization	(269		)	(361		)	(442		)
Effect of foreign currency translation and other	11			(42		)	(124		)
Balance at December 31,	$	935		$	1,193		$	1,596
Accumulated amortization	$	3,034		$	2,765		$	2,404

Value of Distribution Agreements and Customer Relationships Acquired and Negative Value of Business Acquired

Information regarding other intangibles was as follows:

	Years Ended December 31,
	2016			2015			2014
	(In millions)
DSI:
Balance at January 1,	$	242		$	224		$	257
Capitalization	22			28			51
Amortization	(23		)	(30		)	(46		)
Unrealized investment gains (losses)	—			20			(36		)
Effect of foreign currency translation	—			—			(2		)
Balance at December 31,	$	241		$	242		$	224
VODA and VOCRA:
Balance at January 1,	$	583		$	692		$	801
Amortization	(57		)	(56		)	(63		)
Effect of foreign currency translation	(17		)	(53		)	(46		)
Balance at December 31,	$	509		$	583		$	692
Accumulated amortization	$	294		$	237		$	181
Negative VOBA:
Balance at January 1,	$	1,193		$	1,596		$	2,162
Amortization	(269		)	(361		)	(442		)
Effect of foreign currency translation and other	11			(42		)	(124		)
Balance at December 31,	$	935		$	1,193		$	1,596
Accumulated amortization	$	3,034		$	2,765		$	2,404

Estimated Future Amortization Expense (Credit)

The estimated future amortization expense (credit) to be reported in other expenses for the next five years is as follows:

	VOBA		VODA and VOCRA		Negative VOBA
	(In millions)
2017	$	325	$	50	$	(131	)
2018	$	294	$	47	$	(55	)
2019	$	270	$	43	$	(38	)
2020	$	243	$	39	$	(39	)
2021	$	216	$	36	$	(38	)