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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Premiums $ 8,736 $ 10,129 $ 18,202 $ 19,534
Universal life and investment-type product policy fees 1,299 1,412 2,730 2,777
Net investment income 4,087 4,693 7,148 9,601
Other revenues 456 478 895 972
Net investment gains (losses) 231 61 (57) 76
Net derivative gains (losses) (710) 724 3,491 839
Total revenues 14,099 17,497 32,409 33,799
Expenses        
Policyholder benefits and claims 8,667 9,993 17,689 19,065
Interest credited to policyholder account balances 1,962 1,515 2,042 3,476
Policyholder dividends 290 302 582 602
Other expenses 2,983 3,390 6,256 6,615
Total expenses 13,902 15,200 26,569 29,758
Income (loss) before provision for income tax 197 2,297 5,840 4,041
Provision for income tax expense (benefit) 47 551 1,289 910
Net income (loss) 150 1,746 4,551 3,131
Less: Net income (loss) attributable to noncontrolling interests 5 5 8 9
Net income (loss) attributable to MetLife, Inc. 145 1,741 4,543 3,122
Less: Preferred stock dividends 77 57 109 89
Net income (loss) available to MetLife, Inc.’s common shareholders 68 1,684 4,434 3,033
Comprehensive income (loss) 5,957 6,466 10,064 13,021
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 6 5 10 11
Comprehensive income (loss) attributable to MetLife, Inc. $ 5,951 $ 6,461 $ 10,054 $ 13,010
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:        
Basic $ 0.07 $ 1.78 $ 4.86 $ 3.19
Diluted $ 0.07 $ 1.77 $ 4.84 $ 3.17