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

12 Months Ended

Dec. 31, 2017

Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Net [Abstract]

Schedule of Deferred Policy Acquisition Costs and Value of Business Acquired

Information regarding DAC and VOBA was as follows:

	Years Ended December 31,
	2017			2016			2015
	(In millions)
DAC:
Balance at January 1,	$	13,830		$	13,464		$	13,024
Capitalizations	3,002			3,152			3,319
Amortization related to:
Net investment gains (losses) and net derivative gains (losses)	60			229			(150		)
Other expenses	(2,426		)	(2,555		)	(2,590		)
Total amortization	(2,366		)	(2,326		)	(2,740		)
Unrealized investment gains (losses)	(525		)	(171		)	443
Effect of foreign currency translation and other	848			(289		)	(582		)
Balance at December 31,	14,789			13,830			13,464
VOBA:
Balance at January 1,	3,760			3,966			4,705
Amortization related to:
Net investment gains (losses) and net derivative gains (losses)	—			(3		)	(1		)
Other expenses	(315		)	(389		)	(443		)
Total amortization	(315		)	(392		)	(444		)
Unrealized investment gains (losses)	(4		)	8			5
Effect of foreign currency translation and other	189			178			(300		)
Balance at December 31,	3,630			3,760			3,966
Total DAC and VOBA:
Balance at December 31,	$	18,419		$	17,590		$	17,430

Schedule of Deferred Policy Acquisition Costs and Value of Business Acquired

Information regarding DAC and VOBA was as follows:

	Years Ended December 31,
	2017			2016			2015
	(In millions)
DAC:
Balance at January 1,	$	13,830		$	13,464		$	13,024
Capitalizations	3,002			3,152			3,319
Amortization related to:
Net investment gains (losses) and net derivative gains (losses)	60			229			(150		)
Other expenses	(2,426		)	(2,555		)	(2,590		)
Total amortization	(2,366		)	(2,326		)	(2,740		)
Unrealized investment gains (losses)	(525		)	(171		)	443
Effect of foreign currency translation and other	848			(289		)	(582		)
Balance at December 31,	14,789			13,830			13,464
VOBA:
Balance at January 1,	3,760			3,966			4,705
Amortization related to:
Net investment gains (losses) and net derivative gains (losses)	—			(3		)	(1		)
Other expenses	(315		)	(389		)	(443		)
Total amortization	(315		)	(392		)	(444		)
Unrealized investment gains (losses)	(4		)	8			5
Effect of foreign currency translation and other	189			178			(300		)
Balance at December 31,	3,630			3,760			3,966
Total DAC and VOBA:
Balance at December 31,	$	18,419		$	17,590		$	17,430

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,
	2017		2016
	(In millions)
U.S.	$	614	$	616
Asia	9,261		8,707
Latin America	2,050		1,808
EMEA	1,673		1,472
MetLife Holdings	4,797		5,246
Corporate & Other	24		(259		)
Total	$	18,419	$	17,590

Deferred Sales Inducements of Business Acquired

Information regarding other intangibles was as follows:

	Years Ended December 31,
	2017			2016			2015
	(In millions)
DSI:
Balance at January 1,	$	241		$	242		$	224
Capitalization	16			22			28
Amortization	(29		)	(23		)	(30		)
Unrealized investment gains (losses)	(6		)	—			20
Effect of foreign currency translation	(2		)	—			—
Balance at December 31,	$	220		$	241		$	242
VODA and VOCRA:
Balance at January 1,	$	509		$	583		$	692
Amortization	(51		)	(57		)	(56		)
Effect of foreign currency translation	1			(17		)	(53		)
Balance at December 31,	$	459		$	509		$	583
Accumulated amortization	$	345		$	294		$	237
Negative VOBA:
Balance at January 1,	$	935		$	1,193		$	1,596
Amortization	(140		)	(269		)	(361		)
Effect of foreign currency translation and other	32			11			(42		)
Balance at December 31,	$	827		$	935		$	1,193
Accumulated amortization	$	3,174		$	3,034		$	2,765

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,
	2017			2016			2015
	(In millions)
DSI:
Balance at January 1,	$	241		$	242		$	224
Capitalization	16			22			28
Amortization	(29		)	(23		)	(30		)
Unrealized investment gains (losses)	(6		)	—			20
Effect of foreign currency translation	(2		)	—			—
Balance at December 31,	$	220		$	241		$	242
VODA and VOCRA:
Balance at January 1,	$	509		$	583		$	692
Amortization	(51		)	(57		)	(56		)
Effect of foreign currency translation	1			(17		)	(53		)
Balance at December 31,	$	459		$	509		$	583
Accumulated amortization	$	345		$	294		$	237
Negative VOBA:
Balance at January 1,	$	935		$	1,193		$	1,596
Amortization	(140		)	(269		)	(361		)
Effect of foreign currency translation and other	32			11			(42		)
Balance at December 31,	$	827		$	935		$	1,193
Accumulated amortization	$	3,174		$	3,034		$	2,765

Estimated Future Amortization Expense (Credit)

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

	VOBA		VODA and VOCRA		Negative VOBA
	(In millions)
2018	$	293	$	47	$	(60	)
2019	$	272	$	43	$	(40	)
2020	$	248	$	40	$	(41	)
2021	$	222	$	36	$	(40	)
2022	$	208	$	33	$	(38	)