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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Premiums $ 42,034 $ 42,235 $ 43,840
Universal life and investment-type product policy fees 5,603 5,603 5,502
Net investment income 17,117 18,868 16,166
Other revenues 1,849 1,842 1,880
Net investment gains (losses) (110) 444 (298)
Net derivative gains (losses) 1,349 628 851
Total revenues 67,842 69,620 67,941
Expenses      
Policyholder benefits and claims 41,461 41,461 42,656
Interest credited to policyholder account balances 5,214 6,464 4,013
Policyholder dividends 1,090 1,211 1,251
Other expenses 13,150 13,689 13,714
Total expenses 60,915 62,825 61,634
Income (loss) before provision for income tax 6,927 6,795 6,307
Provision for income tax expense (benefit) 1,509 886 1,179
Net income (loss) 5,418 5,909 5,128
Less: Net income (loss) attributable to noncontrolling interests 11 10 5
Net income (loss) attributable to MetLife, Inc. 5,407 5,899 5,123
Less: Preferred stock dividends 202 178 141
Preferred stock redemption premium 14 0 0
Net income (loss) available to MetLife, Inc.’s common shareholders $ 5,191 $ 5,721 $ 4,982
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:      
Basic $ 5.72 $ 6.10 $ 4.95
Diluted $ 5.68 $ 6.06 $ 4.91