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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Premiums $ 10,781 $ 10,242 $ 30,315 $ 34,573
Universal life and investment-type product policy fees 1,440 1,343 4,217 4,105
Net investment income 4,623 4,486 14,224 12,704
Other revenues 419 479 1,391 1,428
Net investment gains (losses) 161 117 237 (443)
Net derivative gains (losses) 1,254 (378) 2,093 (88)
Total revenues 18,678 16,289 52,477 52,279
Expenses        
Policyholder benefits and claims 10,648 10,080 29,713 33,664
Interest credited to policyholder account balances 1,500 1,334 4,976 3,527
Policyholder dividends 296 327 898 933
Other expenses 3,443 3,469 10,058 10,319
Total expenses 15,887 15,210 45,645 48,443
Income (loss) before provision for income tax 2,791 1,079 6,832 3,836
Provision for income tax expense (benefit) 601 164 1,511 770
Net income (loss) 2,190 915 5,321 3,066
Less: Net income (loss) attributable to noncontrolling interests 6 3 15 10
Net income (loss) attributable to MetLife, Inc. 2,184 912 5,306 3,056
Less: Preferred stock dividends 32 32 121 84
Net income (loss) available to MetLife, Inc.’s common shareholders 2,152 880 5,185 2,972
Comprehensive income (loss) 5,759 (940) 18,780 (4,273)
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 9 2 20 10
Comprehensive income (loss) attributable to MetLife, Inc. $ 5,750 $ (942) $ 18,760 $ (4,283)
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:        
Basic $ 2.31 $ 0.89 $ 5.49 $ 2.93
Diluted $ 2.30 $ 0.88 $ 5.45 $ 2.91