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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Premiums $ 9,132 $ 8,736 $ 19,459 $ 18,202
Universal life and investment-type product policy fees 1,422 1,299 2,813 2,730
Net investment income 5,280 4,087 10,594 7,148
Other revenues 664 456 1,295 895
Net investment gains (losses) 1,605 231 1,739 (57)
Net derivative gains (losses) 421 (710) (1,814) 3,491
Total revenues 18,524 14,099 34,086 32,409
Expenses        
Policyholder benefits and claims 9,405 8,667 19,928 17,689
Interest credited to policyholder account balances 1,515 1,962 2,866 2,042
Policyholder dividends 236 290 483 582
Other expenses 2,881 2,983 6,031 6,256
Total expenses 14,037 13,902 29,308 26,569
Income (loss) before provision for income tax 4,487 197 4,778 5,840
Provision for income tax expense (benefit) 1,075 47 1,003 1,289
Net income (loss) 3,412 150 3,775 4,551
Less: Net income (loss) attributable to noncontrolling interests 5 5 10 8
Net income (loss) attributable to MetLife, Inc. 3,407 145 3,765 4,543
Less: Preferred stock dividends 35 77 103 109
Preferred stock redemption premium 6 0 6 0
Net income (loss) available to MetLife, Inc.’s common shareholders 3,366 68 3,656 4,434
Comprehensive income (loss) 5,325 5,957 (1,987) 10,064
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 6 6 11 10
Comprehensive income (loss) attributable to MetLife, Inc. $ 5,319 $ 5,951 $ (1,998) $ 10,054
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:        
Basic $ 3.85 $ 0.07 $ 4.16 $ 4.86
Diluted $ 3.83 $ 0.07 $ 4.13 $ 4.84