Business, Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Prior Period Adjustments [Table Text Block]

A summary of the revisions to prior period net income (loss) available to MetLife, Inc.’s common shareholders is shown in the table below:

	Three Months Ended March 31,
	2017
	(In millions)
Assumed variable annuity guarantee reserves	$	14
Group annuity reserves	(9		)
Other revisions to continuing operations, net	63
Impact to income (loss) from continuing operations before provision for income tax	68
Provision for income tax expense (benefit)	24
Impact to income (loss) from continuing operations, net of income tax	44
Other revisions to discontinued operations, net of income tax	3
Impact to net income (loss) available to MetLife, Inc.’s common shareholders	$	47

The impact of the revisions is shown in the tables below:

	Three Months Ended March 31,
	2017
Interim Condensed Consolidated Statements of Operations  and Comprehensive Income (Loss)	As Previously Reported			Discontinued Operations (1)			Revisions			As Revised
	(In millions, except per share data)
Revenues
Other net investment gains (losses)	$	8		$	55		$	25		$	88
Net investment gains (losses)	$	8		$	55		$	25		$	88
Net derivatives gains (losses)	$	(926	)	$	700		$	14		$	(212	)
Total revenues	$	16,269		$	(1,344	)	$	39		$	14,964
Expenses
Policyholder benefits and claims	$	9,859		$	(1,002	)	$	6		$	8,863
Other expenses	$	3,564		$	(261	)	$	(35	)	$	3,268
Total expenses	$	15,452		$	(1,531	)	$	(29	)	$	13,892
Income (loss) from continuing operations before provision for income tax	$	817		$	187		$	68		$	1,072
Provision for income tax expense (benefit)	$	(12	)	$	108		$	24		$	120
Income (loss) from continuing operations, net of income tax	$	829		$	79		$	44		$	952
Income (loss) from discontinued operations, net of income tax	$	—		$	(79	)	$	3		$	(76	)
Net income (loss)	$	829		$	—		$	47		$	876
Net income (loss) attributable to MetLife, Inc.	$	826		$	—		$	47		$	873
Net income (loss) available to MetLife, Inc.’s common shareholders	$	820		$	—		$	47		$	867
Comprehensive income (loss)	$	1,879		$	—		$	28		$	1,907
Comprehensive income (loss) attributable to MetLife, Inc.	$	1,875		$	—		$	28		$	1,903
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders:
Basic	$	0.75		$	0.07		$	0.05		$	0.87
Diluted	$	0.75		$	0.07		$	0.04		$	0.86
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:
Basic	$	0.75		$	—		$	0.05		$	0.80
Diluted	$	0.75		$	—		$	0.04		$	0.79

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(1) See Note 3 for additional information on discontinued operations. Revisions include $5 million and $2 million of net investment gains (losses) and provision for income tax expense (benefit), respectively, related to discontinued operations.

Interim Condensed Consolidated Statements of Equity	As Previously Reported		Revisions			As Revised
	(In millions)
Retained Earnings
Balance at December 31, 2016	$	34,480	$	203		$	34,683
Net income (loss)	$	826	$	47		$	873
Balance at March 31, 2017	$	34,863	$	250		$	35,113
Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2016	$	5,347	$	19		$	5,366
Other comprehensive income (loss), net of income tax	$	1,049	$	(19	)	$	1,030
Balance at March 31, 2017	$	6,396	$	—		$	6,396
Total MetLife, Inc.’s Stockholders’ Equity
Balance at December 31, 2016	$	67,309	$	222		$	67,531
Balance at March 31, 2017	$	67,929	$	250		$	68,179
Total Equity
Balance at December 31, 2016	$	67,480	$	222		$	67,702
Balance at March 31, 2017	$	68,108	$	250		$	68,358