Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

22. Quarterly Results of Operations (Unaudited)

The unaudited quarterly results of operations for 2020 and 2019 are summarized in the table below:

	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
	(In millions, except per share data)
2020
Total revenues	$	18,310	$	14,099	$	16,015	$	19,418
Total expenses	$	12,667	$	13,902	$	15,092	$	19,254
Net income (loss)	$	4,401	$	150	$	709	$	158
Less: Net income (loss) attributable to noncontrolling interests	$	3	$	5	$	3	$	—
Net income (loss) attributable to MetLife, Inc.	$	4,398	$	145	$	706	$	158
Less: Preferred stock dividends	$	32	$	77	$	59	$	34
Preferred stock redemption premium	$	—	$	—	$	14	$	—
Net income (loss) available to MetLife, Inc.’s common shareholders	$	4,366	$	68	$	633	$	124
Basic earnings per common share
Net income (loss) attributable to MetLife, Inc.	$	4.81	$	0.16	$	0.78	$	0.18
Net income (loss) available to MetLife, Inc.’s common shareholders	$	4.78	$	0.07	$	0.70	$	0.14
Diluted earnings per common share
Net income (loss) attributable to MetLife, Inc.	$	4.78	$	0.16	$	0.77	$	0.17
Net income (loss) available to MetLife, Inc.’s common shareholders	$	4.75	$	0.07	$	0.69	$	0.14
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