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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Premiums $ 11,721 $ 9,132 $ 22,492 $ 19,459
Universal life and investment-type product policy fees 1,516 1,422 2,934 2,813
Net investment income 3,583 5,280 7,867 10,594
Other revenues 616 664 1,276 1,295
Net investment gains (losses) (685) 1,605 (1,203) 1,739
Net derivative gains (losses) (1,195) 421 (2,054) (1,814)
Total revenues 15,556 18,524 31,312 34,086
Expenses        
Policyholder benefits and claims 11,790 9,405 22,983 19,928
Interest credited to policyholder account balances 492 1,515 1,122 2,866
Policyholder dividends 193 236 391 483
Other expenses 3,083 2,881 6,103 6,031
Total expenses 15,558 14,037 30,599 29,308
Income (loss) before provision for income tax (2) 4,487 713 4,778
Provision for income tax expense (benefit) (140) 1,075 (99) 1,003
Net income (loss) 138 3,412 812 3,775
Less: Net income (loss) attributable to noncontrolling interests 6 5 11 10
Net income (loss) attributable to MetLife, Inc. 132 3,407 801 3,765
Less: Preferred stock dividends 29 35 92 103
Preferred stock redemption premium 0 6 0 6
Net income (loss) available to MetLife, Inc.’s common shareholders 103 3,366 709 3,656
Comprehensive income (loss) (15,323) 5,325 (27,482) (1,987)
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 5 6 8 11
Comprehensive income (loss) attributable to MetLife, Inc. $ (15,328) $ 5,319 $ (27,490) $ (1,998)
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:        
Basic $ 0.13 $ 3.85 $ 0.87 $ 4.16
Diluted $ 0.13 $ 3.83 $ 0.86 $ 4.13