Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Segment Reporting Information, by Segment

Three Months Ended March 31, 2019	U.S.			Asia			Latin America			EMEA			MetLife Holdings			Corporate & Other			Total			Adjustments			Total Consolidated
	(In millions)
Revenues
Premiums	$	5,567		$	1,699		$	646		$	542		$	927		$	24		$	9,405		$	—		$	9,405
Universal life and investment-type product policy fees	270			406			284			103			274			1			1,338			27			1,365
Net investment income	1,719			880			296			74			1,287			25			4,281			627			4,908
Other revenues	221			16			12			14			67			94			424			70			494
Net investment gains (losses)	—			—			—			—			—			—			—			15			15
Net derivative gains (losses)	—			—			—			—			—			—			—			115			115
Total revenues	7,777			3,001			1,238			733			2,555			144			15,448			854			16,302
Expenses
Policyholder benefits and claims and policyholder dividends	5,373			1,319			597			284			1,648			20			9,241			131			9,372
Interest credited to policyholder account balances	501			403			94			24			226			—			1,248			713			1,961
Capitalization of DAC	(114		)	(479		)	(94		)	(117		)	(6		)	(2		)	(812		)	—			(812		)
Amortization of DAC and VOBA	114			307			78			92			63			1			655			(31		)	624
Amortization of negative VOBA	—			(9		)	—			(1		)	—			—			(10		)	—			(10		)
Interest expense on debt	2			—			1			—			2			229			234			—			234
Other expenses	993			955			366			338			227			222			3,101			88			3,189
Total expenses	6,869			2,496			1,042			620			2,160			470			13,657			901			14,558
Provision for income tax expense (benefit)	184			149			62			27			78			(165		)	335			24			359
Adjusted earnings	$	724		$	356		$	134		$	86		$	317		$	(161	)	1,456
Adjustments to:
Total revenues																			854
Total expenses																			(901		)
Provision for income tax (expense) benefit																			(24		)
Net income (loss)																			$	1,385					$	1,385

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		)
Net income (loss)																			$	1,257					$	1,257

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

	March 31, 2019		December 31, 2018
	(In millions)
U.S.	$	257,461	$	248,174
Asia	152,264		146,278
Latin America	74,329		70,417
EMEA	27,834		27,829
MetLife Holdings	171,267		166,872
Corporate & Other	30,033		27,968
Total	$	713,188	$	687,538