Segment Information (Tables)

3 Months Ended

Mar. 31, 2018




Three Months Ended March 31, 2018	U.S.			Asia			Latin America			EMEA			MetLife Holdings			Corporate & Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	5,217		$	1,748		$	699		$	551		$	950		$	13		$	9,178		$	—		$	9,178
Universal life and investment-type product policy fees	258			394			282			112			314			—			1,360			32			1,392
Net investment income	1,662			795			276			75			1,352			59			4,219			(474		)	3,745
Other revenues	204			15			8			16			67			81			391			83			474
Net investment gains (losses)	—			—			—			—			—			—			—			(333		)	(333		)
Net derivative gains (losses)	—			—			—			—			—			—			—			349			349
Total revenues	7,341			2,952			1,265			754			2,683			153			15,148			(343		)	14,805
Expenses
Policyholder benefits and claims and policyholder dividends	5,138			1,343			646			294			1,550			(3		)	8,968			47			9,015
Interest credited to policyholder account balances	407			351			98			25			236			—			1,117			(348		)	769
Capitalization of DAC	(106		)	(465		)	(94		)	(118		)	(10		)	(2		)	(795		)	(1		)	(796		)
Amortization of DAC and VOBA	115			314			60			106			100			2			697			(4		)	693
Amortization of negative VOBA	—			(15		)	—			(6		)	—			—			(21		)	(1		)	(22		)
Interest expense on debt	2			—			2			—			2			280			286			—			286
Other expenses	961			952			338			351			276			232			3,110			94			3,204
Total expenses	6,517			2,480			1,050			652			2,154			509			13,362			(213		)	13,149
Provision for income tax expense (benefit)	171			145			75			21			104			(159		)	357			42			399
Adjusted earnings	$	653		$	327		$	140		$	81		$	425		$	(197	)	1,429
Adjustments to:
Total revenues																			(343		)
Total expenses																			213
Provision for income tax (expense) benefit																			(42		)
Income (loss) from continuing operations, net of income tax																			$	1,257					$	1,257




Three Months Ended March 31, 2017	U.S.			Asia			Latin America			EMEA			MetLife Holdings			Corporate & Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	5,185		$	1,708		$	647		$	502		$	1,059		$	38		$	9,139		$	(174	)	$	8,965
Universal life and investment-type product policy fees	265			366			260			95			362			—			1,348			12			1,360
Net investment income	1,612			702			303			74			1,441			40			4,172			249			4,421
Other revenues	204			10			9			17			96			59			395			(53		)	342
Net investment gains (losses)	—			—			—			—			—			—			—			88			88
Net derivative gains (losses)	—			—			—			—			—			—			—			(212		)	(212		)
Total revenues	7,266			2,786			1,219			688			2,958			137			15,054			(90		)	14,964
Expenses
Policyholder benefits and claims and policyholder dividends	5,244			1,315			633			269			1,733			25			9,219			(46		)	9,173
Interest credited to policyholder account balances	351			321			82			24			257			1			1,036			415			1,451
Capitalization of DAC	(100		)	(420		)	(82		)	(92		)	(34		)	(1		)	(729		)	16			(713		)
Amortization of DAC and VOBA	114			291			78			87			74			1			645			18			663
Amortization of negative VOBA	—			(37		)	—			(3		)	—			—			(40		)	(3		)	(43		)
Interest expense on debt	2			—			1			—			15			277			295			(12		)	283
Other expenses	909			875			326			316			340			175			2,941			137			3,078
Total expenses	6,520			2,345			1,038			601			2,385			478			13,367			525			13,892
Provision for income tax expense (benefit)	249			146			38			12			186			(271		)	360			(240		)	120
Adjusted earnings	$	497		$	295		$	143		$	75		$	387		$	(70	)	1,327
Adjustments to:
Total revenues																			(90		)
Total expenses																			(525		)
Provision for income tax (expense) benefit																			240
Income (loss) from continuing operations, net of income tax																			$	952					$	952

The following table presents total assets with respect to the Company’s segments, as well as Corporate & Other, at: