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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
The unaudited quarterly results of operations for 2019 and 2018 are summarized in the table below:
 
 
Three Months Ended
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
(In millions, except per share data)
2019
 
 
Total revenues
 
$
16,302

 
$
17,497

 
$
18,678

 
$
17,143

Total expenses
 
$
14,558

 
$
15,200

 
$
15,887

 
$
17,180

Net income (loss)
 
$
1,385

 
$
1,746

 
$
2,190

 
$
588

Less: Net income (loss) attributable to noncontrolling interests
 
$
4

 
$
5

 
$
6

 
$
(5
)
Net income (loss) attributable to MetLife, Inc.
 
$
1,381

 
$
1,741

 
$
2,184

 
$
593

Less: Preferred stock dividends
 
$
32

 
$
57

 
$
32

 
$
57

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
1,349

 
$
1,684

 
$
2,152

 
$
536

Basic earnings per common share
 
 
 
 
 
 
 
 
Net income (loss) attributable to MetLife, Inc.
 
$
1.44

 
$
1.84

 
$
2.35

 
$
0.65

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
1.41

 
$
1.78

 
$
2.31

 
$
0.58

Diluted earnings per common share
 
 
 
 
 
 
 
 
Net income (loss) attributable to MetLife, Inc.
 
$
1.43

 
$
1.83

 
$
2.33

 
$
0.64

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
1.40

 
$
1.77

 
$
2.30

 
$
0.58

2018
 
 
 
 
 
 
 
 
Total revenues
 
$
14,805

 
$
21,185

 
$
16,289

 
$
15,662

Total expenses
 
$
13,149

 
$
20,084

 
$
15,210

 
$
13,191

Net income (loss)
 
$
1,257

 
$
894

 
$
915

 
$
2,062

Less: Net income (loss) attributable to noncontrolling interests
 
$
4

 
$
3

 
$
3

 
$
(5
)
Net income (loss) attributable to MetLife, Inc.
 
$
1,253

 
$
891

 
$
912

 
$
2,067

Less: Preferred stock dividends
 
$
6

 
$
46

 
$
32

 
$
57

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
1,247

 
$
845

 
$
880

 
$
2,010

Basic earnings per common share
 
 
 
 
 
 
 
 
Net income (loss) attributable to MetLife, Inc.
 
$
1.21

 
$
0.88

 
$
0.92

 
$
2.11

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
1.20

 
$
0.83

 
$
0.89

 
$
2.05

Diluted earnings per common share
 
 
 
 
 
 
 
 
Net income (loss) attributable to MetLife, Inc.
 
$
1.20

 
$
0.87

 
$
0.91

 
$
2.09

Net income (loss) available to MetLife, Inc.’s common shareholders
 
$
1.19

 
$
0.83

 
$
0.88

 
$
2.04