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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Premiums $ 9,455 $ 9,935 $ 28,914 $ 28,137
Universal life and investment-type product policy fees 1,521 1,497 4,334 4,227
Net investment income 5,568 4,729 16,162 11,877
Other revenues 663 455 1,958 1,350
Net investment gains (losses) (84) (20) 1,655 (77)
Net derivative gains (losses) (218) (581) (2,032) 2,910
Total revenues 16,905 16,015 50,991 48,424
Expenses        
Policyholder benefits and claims 10,103 10,000 30,031 27,689
Interest credited to policyholder account balances 1,287 1,416 4,153 3,458
Policyholder dividends 189 206 672 788
Other expenses 3,284 3,470 9,315 9,726
Total expenses 14,863 15,092 44,171 41,661
Income (loss) before provision for income tax 2,042 923 6,820 6,763
Provision for income tax expense (benefit) 453 214 1,456 1,503
Net income (loss) 1,589 709 5,364 5,260
Less: Net income (loss) attributable to noncontrolling interests 5 3 15 11
Net income (loss) attributable to MetLife, Inc. 1,584 706 5,349 5,249
Less: Preferred stock dividends 63 59 166 168
Preferred stock redemption premium 0 14 6 14
Net income (loss) available to MetLife, Inc.’s common shareholders 1,521 633 5,177 5,067
Comprehensive income (loss) 1,392 (1,818) (595) 8,246
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 6 3 17 13
Comprehensive income (loss) attributable to MetLife, Inc. $ 1,386 $ (1,821) $ (612) $ 8,233
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:        
Basic $ 1.78 $ 0.70 $ 5.94 $ 5.57
Diluted $ 1.77 $ 0.69 $ 5.90 $ 5.53