Employee Benefit Plans

6 Months Ended

Jun. 30, 2023

Retirement Benefits [Abstract]

Employee Benefit Plans

15. Employee Benefit Plans

Pension and Other Postretirement Benefit Plans

Certain subsidiaries of MetLife, Inc. sponsor a U.S. qualified and various U.S. and non-U.S. nonqualified defined benefit pension plans covering employees who meet specified eligibility requirements. These subsidiaries also provide certain postemployment benefits and certain postretirement medical and life insurance benefits for U.S. and non-U.S. retired employees.

The components of net periodic benefit costs, reported in other expenses, were as follows:

	Three Months Ended June 30,
	2023				2022
	Pension Benefits		Other Postretirement Benefits		Pension Benefits		Other Postretirement Benefits
	(In millions)
Service costs	$	37	$	—	$	50	$	1
Interest costs	117		10		82		9
Expected return on plan assets	(121)		(15)		(129)		(15)
Amortization of net actuarial (gains) losses	39		(7)		30		(6)
Amortization of prior service costs (credit)	(3)		—		(3)		—
Net periodic benefit costs (credit)	$	69	$	(12)	$	30	$	(11)
	Six Months Ended June 30,
	2023				2022
	Pension Benefits		Other Postretirement Benefits		Pension Benefits		Other Postretirement Benefits
	(In millions)
Service costs	$	75	$	1	$	102	$	2
Interest costs	235		21		163		17
Expected return on plan assets	(241)		(28)		(258)		(28)
Amortization of net actuarial (gains) losses	78		(15)		61		(12)
Amortization of prior service costs (credit)	(6)		—		(6)		—
Net periodic benefit costs (credit)	$	141	$	(21)	$	62	$	(21)