MetLife, Inc.

Schedule I

Consolidated Summary of Investments —

Other Than Investments in Related Parties

December 31, 2018

(In millions)



Types of Investments	Cost or Amortized Cost (1)		Estimated Fair Value		Amount at Which Shown on Balance Sheet
Fixed maturity securities AFS:
Bonds:
Foreign government	$	56,353	$	62,288	$	62,288
U.S. government and agency	37,030		39,322		39,322
Public utilities	12,430		13,075		13,075
Municipals	10,376		11,533		11,533
All other corporate bonds	120,505		121,423		121,423
Total bonds	236,694		247,641		247,641
Mortgage-backed and asset-backed securities	49,006		49,471		49,471
Redeemable preferred stock	1,116		1,153		1,153
Total fixed maturity securities AFS	286,816		298,265		298,265
Unit-linked and FVO Securities	11,809		12,616		12,616
Equity securities:
Common stock:
Industrial, miscellaneous and all other	667		827		827
Banks, trust and insurance companies	67		119		119
Public utilities	102		91		91
Non-redeemable preferred stock	422		403		403
Total equity securities	1,258		1,440		1,440
Mortgage loans	75,752				75,752
Policy loans	9,699				9,699
Real estate and real estate joint ventures	9,653				9,653
Real estate acquired in satisfaction of debt	45				45
Other limited partnership interests	6,613				6,613
Short-term investments	3,937				3,937
Other invested assets	18,190				18,190
Total investments	$	423,772			$	436,210

__________________

(1)

The Unit-linked and FVO Securities are primarily equity securities (including mutual funds) and fixed maturity securities AFS. Amortized cost for fixed maturity securities AFS and mortgage loans represents original cost reduced by repayments, valuation allowances and impairments from other-than-temporary declines in estimated fair value that are charged to earnings and adjusted for amortization of premium or accretion of discount; for equity securities, cost represents original cost; for real estate, cost represents original cost reduced by impairments and depreciation; for real estate joint ventures and other limited partnership interests, cost represents original cost reduced for impairments or original cost adjusted for equity in earnings and distributions.