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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Premiums $ 9,589 $ 10,617
Universal life and investment-type product policy fees 1,289 1,312
Net investment income 4,645 4,284
Other revenues 639 660
Net investment gains (losses) (684) (517)
Net derivative gains (losses) (90) (951)
Total revenues 15,388 15,405
Expenses    
Policyholder benefits and claims 9,872 11,174
Policyholder liability remeasurement (gains) losses (9) (41)
Market risk benefit remeasurement (gains) losses 188 (1,440)
Interest credited to policyholder account balances 1,864 626
Policyholder dividends 159 199
Other expenses 3,057 2,952
Total expenses 15,131 13,470
Income (loss) before provision for income tax 257 1,935
Provision for income tax expense (benefit) 172 296
Net income (loss) 85 1,639
Less: Net income (loss) attributable to noncontrolling interests 5 5
Net income (loss) attributable to MetLife, Inc. 80 1,634
Less: Preferred stock dividends 66 63
Net income (loss) available to MetLife, Inc.’s common shareholders 14 1,571
Comprehensive income (loss) 3,541 (5,956)
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax (13) 3
Comprehensive income (loss) attributable to MetLife, Inc. $ 3,554 $ (5,959)
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:    
Basic $ 0.02 $ 1.91
Diluted $ 0.02 $ 1.89