XML 73 R60.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Earnings) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues                      
Premiums                 $ 37,202 $ 36,403 $ 36,970
Universal life and investment-type product policy fees                 5,482 5,570 5,824
Net investment income                 16,790 16,243 18,158
Other revenues                 1,685 1,927 1,962
Net investment gains (losses)                 305 646 338
Net derivative gains (losses)                 (874) 545 722
Total revenues $ 12,635 $ 15,833 $ 16,025 $ 16,097 $ 14,990 $ 15,864 $ 14,225 $ 16,255 60,590 61,334 63,974
Expenses                      
Policyholder benefits and claims and policyholder dividends                 37,539 36,458 36,746
Interest credited to policyholder account balances                 5,176 4,415 5,726
Goodwill impairment                 260 0 0
Capitalization of DAC                 (3,152) (3,319) (3,672)
Amortization of DAC and VOBA                 2,706 3,166 3,029
Amortization of negative VOBA                 (269) (361) (442)
Interest expense on debt                 1,157 1,168 1,150
Other expenses                 13,293 14,099 14,554
Total expenses 14,017 14,674 13,979 13,780 14,126 14,079 13,546 13,875 56,450 55,626 57,091
Provision for income tax expense (benefit)                 666 1,700 1,936
Income (loss) from continuing operations, net of income tax $ (795) $ 1,024 $ 1,475 $ 1,770 $ 625 $ 897 $ 801 $ 1,685 3,474 4,008 4,947
U.S.                      
Expenses                      
Amortization of DAC and VOBA                 471 471 458
Asia                      
Expenses                      
Amortization of DAC and VOBA                 1,338 1,265 1,394
Latin America                      
Expenses                      
Amortization of DAC and VOBA                 184 271 313
EMEA                      
Expenses                      
Amortization of DAC and VOBA                 408 492 626
MetLife Holdings                      
Expenses                      
Amortization of DAC and VOBA                 424 701 199
Corporate & Other                      
Expenses                      
Amortization of DAC and VOBA                 (119) (34) 39
Operating Segments                      
Revenues                      
Premiums                 37,505 36,868 37,548
Universal life and investment-type product policy fees                 5,330 5,504 5,681
Net investment income                 16,437 16,709 17,542
Other revenues                 1,643 1,957 2,037
Net investment gains (losses)                 0 0 0
Net derivative gains (losses)                 0 0 0
Total revenues                 60,915 61,038 62,808
Expenses                      
Policyholder benefits and claims and policyholder dividends                 37,834 36,751 36,768
Interest credited to policyholder account balances                 4,088 4,079 4,385
Capitalization of DAC                 (3,151) (3,439) (3,786)
Amortization of DAC and VOBA                 3,031 3,071 3,217
Amortization of negative VOBA                 (222) (326) (396)
Interest expense on debt                 1,207 1,228 1,232
Other expenses                 12,938 13,817 14,450
Total expenses                 55,725 55,181 55,870
Provision for income tax expense (benefit)                 1,021 1,772 1,808
Operating earnings                 4,169 4,085 5,130
Operating Segments | U.S.                      
Revenues                      
Premiums                 21,501 20,861 20,243
Universal life and investment-type product policy fees                 989 943 909
Net investment income                 6,206 6,209 6,111
Other revenues                 784 751 721
Net investment gains (losses)                 0 0 0
Net derivative gains (losses)                 0 0 0
Total revenues                 29,480 28,764 27,984
Expenses                      
Policyholder benefits and claims and policyholder dividends                 21,558 20,837 20,110
Interest credited to policyholder account balances                 1,302 1,216 1,168
Capitalization of DAC                 (471) (493) (488)
Amortization of DAC and VOBA                 471 471 458
Amortization of negative VOBA                 0 0 0
Interest expense on debt                 9 4 12
Other expenses                 3,706 3,685 3,550
Total expenses                 26,575 25,720 24,810
Provision for income tax expense (benefit)                 988 1,040 1,073
Operating earnings                 1,917 2,004 2,101
Operating Segments | Asia                      
Revenues                      
Premiums                 6,902 6,937 7,566
Universal life and investment-type product policy fees                 1,487 1,542 1,693
Net investment income                 2,707 2,675 2,886
Other revenues                 61 105 106
Net investment gains (losses)                 0 0 0
Net derivative gains (losses)                 0 0 0
Total revenues                 11,157 11,259 12,251
Expenses                      
Policyholder benefits and claims and policyholder dividends                 5,191 5,275 5,724
Interest credited to policyholder account balances                 1,298 1,309 1,544
Capitalization of DAC                 (1,668) (1,720) (1,914)
Amortization of DAC and VOBA                 1,224 1,256 1,397
Amortization of negative VOBA                 (208) (309) (364)
Interest expense on debt                 0 0 0
Other expenses                 3,586 3,611 3,975
Total expenses                 9,423 9,422 10,362
Provision for income tax expense (benefit)                 492 457 582
Operating earnings                 1,242 1,380 1,307
Operating Segments | Latin America                      
Revenues                      
Premiums                 2,529 2,581 2,796
Universal life and investment-type product policy fees                 1,025 1,117 1,239
Net investment income                 1,084 1,038 1,219
Other revenues                 34 41 33
Net investment gains (losses)                 0 0 0
Net derivative gains (losses)                 0 0 0
Total revenues                 4,672 4,777 5,287
Expenses                      
Policyholder benefits and claims and policyholder dividends                 2,443 2,408 2,615
Interest credited to policyholder account balances                 328 349 394
Capitalization of DAC                 (321) (341) (377)
Amortization of DAC and VOBA                 184 271 313
Amortization of negative VOBA                 (1) (1) (1)
Interest expense on debt                 2 0 0
Other expenses                 1,336 1,429 1,588
Total expenses                 3,971 4,115 4,532
Provision for income tax expense (benefit)                 158 37 129
Operating earnings                 543 625 626
Operating Segments | EMEA                      
Revenues                      
Premiums                 2,027 2,036 2,309
Universal life and investment-type product policy fees                 391 424 466
Net investment income                 318 326 428
Other revenues                 73 61 60
Net investment gains (losses)                 0 0 0
Net derivative gains (losses)                 0 0 0
Total revenues                 2,809 2,847 3,263
Expenses                      
Policyholder benefits and claims and policyholder dividends                 1,067 988 1,053
Interest credited to policyholder account balances                 112 120 148
Capitalization of DAC                 (403) (472) (680)
Amortization of DAC and VOBA                 408 497 613
Amortization of negative VOBA                 (13) (16) (31)
Interest expense on debt                 0 0 0
Other expenses                 1,323 1,469 1,846
Total expenses                 2,494 2,586 2,949
Provision for income tax expense (benefit)                 42 21 29
Operating earnings                 273 240 285
Operating Segments | MetLife Holdings                      
Revenues                      
Premiums                 4,506 4,545 4,545
Universal life and investment-type product policy fees                 1,436 1,482 1,374
Net investment income                 5,944 6,201 6,409
Other revenues                 581 930 1,062
Net investment gains (losses)                 0 0 0
Net derivative gains (losses)                 0 0 0
Total revenues                 12,467 13,158 13,390
Expenses                      
Policyholder benefits and claims and policyholder dividends                 7,534 7,357 7,217
Interest credited to policyholder account balances                 1,042 1,062 1,098
Capitalization of DAC                 (281) (410) (326)
Amortization of DAC and VOBA                 736 577 444
Amortization of negative VOBA                 0 0 0
Interest expense on debt                 57 55 58
Other expenses                 2,392 2,694 2,670
Total expenses                 11,480 11,335 11,161
Provision for income tax expense (benefit)                 288 581 714
Operating earnings                 699 1,242 1,515
Operating Segments | Corporate & Other                      
Revenues                      
Premiums                 40 (92) 89
Universal life and investment-type product policy fees                 2 (4) 0
Net investment income                 178 260 489
Other revenues                 110 69 55
Net investment gains (losses)                 0 0 0
Net derivative gains (losses)                 0 0 0
Total revenues                 330 233 633
Expenses                      
Policyholder benefits and claims and policyholder dividends                 41 (114) 49
Interest credited to policyholder account balances                 6 23 33
Capitalization of DAC                 (7) (3) (1)
Amortization of DAC and VOBA                 8 (1) (8)
Amortization of negative VOBA                 0 0 0
Interest expense on debt                 1,139 1,169 1,162
Other expenses                 595 929 821
Total expenses                 1,782 2,003 2,056
Provision for income tax expense (benefit)                 (947) (364) (719)
Operating earnings                 (505) (1,406) (704)
Significant Reconciling Items                      
Revenues                      
Premiums                 (303) (465) (578)
Universal life and investment-type product policy fees                 152 66 143
Net investment income                 353 (466) 616
Other revenues                 42 (30) (75)
Net investment gains (losses)                 305 646 338
Net derivative gains (losses)                 (874) 545 722
Total revenues                 (325) 296 1,166
Expenses                      
Policyholder benefits and claims and policyholder dividends                 (295) (293) (22)
Interest credited to policyholder account balances                 1,088 336 1,341
Capitalization of DAC                 (1) 120 114
Amortization of DAC and VOBA                 (325) 95 (188)
Amortization of negative VOBA                 (47) (35) (46)
Interest expense on debt                 (50) (60) (82)
Other expenses                 355 282 104
Total expenses                 725 445 1,221
Provision for income tax expense (benefit)                 $ (355) $ (72) $ 128