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Deferred Policy Acquisition Costs, Value of Business Acquired and Other Policy-Related Intangibles (Tables)
 12 Months Ended
Dec. 31, 2019
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Net [Abstract]  
Schedule of Deferred Policy Acquisition Costs and Value of Business Acquired
Information regarding DAC and VOBA was as follows:
 
Years Ended December 31,
 
2019
 
2018
 
2017
 
(In millions)
DAC:
 
 
 
 
 
Balance at January 1,
$
15,570

 
$
14,789

 
$
13,830

Capitalizations
3,358

 
3,254

 
3,002

Amortization related to:
 
 
 
 
 
Net investment gains (losses) and net derivative gains (losses)
(117
)
 
(109
)
 
60

Other expenses
(2,534
)
 
(2,599
)
 
(2,426
)
Total amortization
(2,651
)
 
(2,708
)
 
(2,366
)
Unrealized investment gains (losses)
(1,461
)
 
511

 
(525
)
Effect of foreign currency translation and other
(26
)
 
(276
)
 
848

Balance at December 31,
14,790

 
15,570

 
14,789

VOBA:
 
 
 
 
 
Balance at January 1,
3,325

 
3,630

 
3,760

Amortization related to other expenses
(245
)
 
(267
)
 
(315
)
Unrealized investment gains (losses)
(4
)
 
10

 
(4
)
Effect of foreign currency translation and other
(33
)
 
(48
)
 
189

Balance at December 31,
3,043

 
3,325

 
3,630

Total DAC and VOBA:
 
 
 
 
 
Balance at December 31,
$
17,833

 
$
18,895

 
$
18,419
Schedule of Deferred Policy Acquisition Costs and Value of Business Acquired
Information regarding DAC and VOBA was as follows:
 
Years Ended December 31,
 
2019
 
2018
 
2017
 
(In millions)
DAC:
 
 
 
 
 
Balance at January 1,
$
15,570

 
$
14,789

 
$
13,830

Capitalizations
3,358

 
3,254

 
3,002

Amortization related to:
 
 
 
 
 
Net investment gains (losses) and net derivative gains (losses)
(117
)
 
(109
)
 
60

Other expenses
(2,534
)
 
(2,599
)
 
(2,426
)
Total amortization
(2,651
)
 
(2,708
)
 
(2,366
)
Unrealized investment gains (losses)
(1,461
)
 
511

 
(525
)
Effect of foreign currency translation and other
(26
)
 
(276
)
 
848

Balance at December 31,
14,790

 
15,570

 
14,789

VOBA:
 
 
 
 
 
Balance at January 1,
3,325

 
3,630

 
3,760

Amortization related to other expenses
(245
)
 
(267
)
 
(315
)
Unrealized investment gains (losses)
(4
)
 
10

 
(4
)
Effect of foreign currency translation and other
(33
)
 
(48
)
 
189

Balance at December 31,
3,043

 
3,325

 
3,630

Total DAC and VOBA:
 
 
 
 
 
Balance at December 31,
$
17,833

 
$
18,895

 
$
18,419
Information regarding Deferred Policy Acquisition Costs and Value of Business Acquired by Segment
Information regarding total DAC and VOBA by segment, as well as Corporate & Other, was as follows at:
 
December 31,
 
2019
 
2018
 
(In millions)
U.S.
$
649

 
$
633

Asia
9,764

 
10,156

Latin America
2,038

 
1,984

EMEA
1,701

 
1,622

MetLife Holdings
3,656

 
4,474

Corporate & Other
25

 
26

Total
$
17,833

 
$
18,895
Deferred Sales Inducements of Business Acquired
Information regarding other intangibles was as follows:
 
 
Years Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(In millions)
DSI:
 
 
 
 
 
 
Balance at January 1,
 
$
210

 
$
220

 
$
241

Capitalization
 
7

 
7

 
16

Amortization
 
(39
)
 
(33
)
 
(29
)
Unrealized investment gains (losses)
 
(20
)
 
16

 
(6
)
Effect of foreign currency translation
 
—

 
—

 
(2
)
Balance at December 31,
 
$
158

 
$
210

 
$
220

 
 
 
 
 
 
 
VODA and VOCRA:
 
 
 
 
 
 
Balance at January 1,
 
$
384

 
$
459

 
$
509

Amortization
 
(42
)
 
(47
)
 
(51
)
Effect of foreign currency translation
 
(7
)
 
(28
)
 
1

Balance at December 31,
 
$
335

 
$
384

 
$
459

Accumulated amortization
 
$
434

 
$
392

 
$
345

 
 
 
 
 
 
 
Negative VOBA:
 
 
 
 
 
 
Balance at January 1,
 
$
779

 
$
827

 
$
935

Amortization
 
(33
)
 
(56
)
 
(140
)
Effect of foreign currency translation and other
 
4

 
8

 
32

Balance at December 31,
 
$
750

 
$
779

 
$
827

Accumulated amortization
 
$
3,263

 
$
3,230

 
$
3,174
Value of Distribution Agreements and Customer Relationships Acquired and Negative Value of Business Acquired
Information regarding other intangibles was as follows:
 
 
Years Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(In millions)
DSI:
 
 
 
 
 
 
Balance at January 1,
 
$
210

 
$
220

 
$
241

Capitalization
 
7

 
7

 
16

Amortization
 
(39
)
 
(33
)
 
(29
)
Unrealized investment gains (losses)
 
(20
)
 
16

 
(6
)
Effect of foreign currency translation
 
—

 
—

 
(2
)
Balance at December 31,
 
$
158

 
$
210

 
$
220

 
 
 
 
 
 
 
VODA and VOCRA:
 
 
 
 
 
 
Balance at January 1,
 
$
384

 
$
459

 
$
509

Amortization
 
(42
)
 
(47
)
 
(51
)
Effect of foreign currency translation
 
(7
)
 
(28
)
 
1

Balance at December 31,
 
$
335

 
$
384

 
$
459

Accumulated amortization
 
$
434

 
$
392

 
$
345

 
 
 
 
 
 
 
Negative VOBA:
 
 
 
 
 
 
Balance at January 1,
 
$
779

 
$
827

 
$
935

Amortization
 
(33
)
 
(56
)
 
(140
)
Effect of foreign currency translation and other
 
4

 
8

 
32

Balance at December 31,
 
$
750

 
$
779

 
$
827

Accumulated amortization
 
$
3,263

 
$
3,230

 
$
3,174
Estimated Future Amortization Expense (Credit)
The estimated future amortization expense (credit) to be reported in other expenses for the next five years was as follows:
 
 
VOBA
 
VODA and VOCRA
 
Negative VOBA
 
 
(In millions)
2020
 
$
238

 
$
38

 
$
(41
)
2021
 
$
219

 
$
35

 
$
(39
)
2022
 
$
208

 
$
31

 
$
(37
)
2023
 
$
196

 
$
29

 
$
(36
)
2024
 
$
187

 
$
26

 
$
(34
)