XML 54 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Earnings) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Premiums $ 9,178 $ 8,965
Universal life and investment-type product policy fees 1,392 1,360
Net investment income 3,745 4,421
Other revenues 474 342
Net investment gains (losses) (333) 88
Net derivative gains (losses) 349 (212)
Total revenues 14,805 14,964
Expenses    
Policyholder benefits and claims and policyholder dividends 9,015 9,173
Interest credited to policyholder account balances 769 1,451
Capitalization of DAC (796) (713)
Amortization of DAC and VOBA 693 663
Amortization of negative VOBA (22) (43)
Interest expense on debt 286 283
Other expenses 3,204 3,078
Total expenses 13,149 13,892
Provision for income tax expense (benefit) 399 120
Income (loss) from continuing operations, net of income tax 1,257 952
Operating Segments    
Revenues    
Premiums 9,178 9,139
Universal life and investment-type product policy fees 1,360 1,348
Net investment income 4,219 4,172
Other revenues 391 395
Net investment gains (losses) 0 0
Net derivative gains (losses) 0 0
Total revenues 15,148 15,054
Expenses    
Policyholder benefits and claims and policyholder dividends 8,968 9,219
Interest credited to policyholder account balances 1,117 1,036
Capitalization of DAC (795) (729)
Amortization of DAC and VOBA 697 645
Amortization of negative VOBA (21) (40)
Interest expense on debt 286 295
Other expenses 3,110 2,941
Total expenses 13,362 13,367
Provision for income tax expense (benefit) 357 360
Adjusted earnings 1,429 1,327
Operating Segments | U.S.    
Revenues    
Premiums 5,217 5,185
Universal life and investment-type product policy fees 258 265
Net investment income 1,662 1,612
Other revenues 204 204
Net investment gains (losses) 0 0
Net derivative gains (losses) 0 0
Total revenues 7,341 7,266
Expenses    
Policyholder benefits and claims and policyholder dividends 5,138 5,244
Interest credited to policyholder account balances 407 351
Capitalization of DAC (106) (100)
Amortization of DAC and VOBA 115 114
Amortization of negative VOBA 0 0
Interest expense on debt 2 2
Other expenses 961 909
Total expenses 6,517 6,520
Provision for income tax expense (benefit) 171 249
Adjusted earnings 653 497
Operating Segments | Asia    
Revenues    
Premiums 1,748 1,708
Universal life and investment-type product policy fees 394 366
Net investment income 795 702
Other revenues 15 10
Net investment gains (losses) 0 0
Net derivative gains (losses) 0 0
Total revenues 2,952 2,786
Expenses    
Policyholder benefits and claims and policyholder dividends 1,343 1,315
Interest credited to policyholder account balances 351 321
Capitalization of DAC (465) (420)
Amortization of DAC and VOBA 314 291
Amortization of negative VOBA (15) (37)
Interest expense on debt 0 0
Other expenses 952 875
Total expenses 2,480 2,345
Provision for income tax expense (benefit) 145 146
Adjusted earnings 327 295
Operating Segments | Latin America    
Revenues    
Premiums 699 647
Universal life and investment-type product policy fees 282 260
Net investment income 276 303
Other revenues 8 9
Net investment gains (losses) 0 0
Net derivative gains (losses) 0 0
Total revenues 1,265 1,219
Expenses    
Policyholder benefits and claims and policyholder dividends 646 633
Interest credited to policyholder account balances 98 82
Capitalization of DAC (94) (82)
Amortization of DAC and VOBA 60 78
Amortization of negative VOBA 0 0
Interest expense on debt 2 1
Other expenses 338 326
Total expenses 1,050 1,038
Provision for income tax expense (benefit) 75 38
Adjusted earnings 140 143
Operating Segments | EMEA    
Revenues    
Premiums 551 502
Universal life and investment-type product policy fees 112 95
Net investment income 75 74
Other revenues 16 17
Net investment gains (losses) 0 0
Net derivative gains (losses) 0 0
Total revenues 754 688
Expenses    
Policyholder benefits and claims and policyholder dividends 294 269
Interest credited to policyholder account balances 25 24
Capitalization of DAC (118) (92)
Amortization of DAC and VOBA 106 87
Amortization of negative VOBA (6) (3)
Interest expense on debt 0 0
Other expenses 351 316
Total expenses 652 601
Provision for income tax expense (benefit) 21 12
Adjusted earnings 81 75
Operating Segments | MetLife Holdings    
Revenues    
Premiums 950 1,059
Universal life and investment-type product policy fees 314 362
Net investment income 1,352 1,441
Other revenues 67 96
Net investment gains (losses) 0 0
Net derivative gains (losses) 0 0
Total revenues 2,683 2,958
Expenses    
Policyholder benefits and claims and policyholder dividends 1,550 1,733
Interest credited to policyholder account balances 236 257
Capitalization of DAC (10) (34)
Amortization of DAC and VOBA 100 74
Amortization of negative VOBA 0 0
Interest expense on debt 2 15
Other expenses 276 340
Total expenses 2,154 2,385
Provision for income tax expense (benefit) 104 186
Adjusted earnings 425 387
Operating Segments | Corporate & Other    
Revenues    
Premiums 13 38
Universal life and investment-type product policy fees 0 0
Net investment income 59 40
Other revenues 81 59
Net investment gains (losses) 0 0
Net derivative gains (losses) 0 0
Total revenues 153 137
Expenses    
Policyholder benefits and claims and policyholder dividends (3) 25
Interest credited to policyholder account balances 0 1
Capitalization of DAC (2) (1)
Amortization of DAC and VOBA 2 1
Amortization of negative VOBA 0 0
Interest expense on debt 280 277
Other expenses 232 175
Total expenses 509 478
Provision for income tax expense (benefit) (159) (271)
Adjusted earnings (197) (70)
Significant Reconciling Items    
Revenues    
Premiums 0 (174)
Universal life and investment-type product policy fees 32 12
Net investment income (474) 249
Other revenues 83 (53)
Net investment gains (losses) (333) 88
Net derivative gains (losses) 349 (212)
Total revenues (343) (90)
Expenses    
Policyholder benefits and claims and policyholder dividends 47 (46)
Interest credited to policyholder account balances (348) 415
Capitalization of DAC (1) 16
Amortization of DAC and VOBA (4) 18
Amortization of negative VOBA (1) (3)
Interest expense on debt 0 (12)
Other expenses 94 137
Total expenses (213) 525
Provision for income tax expense (benefit) $ 42 $ (240)