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Consolidated Summary of Investments - Other Than Investments in Related Parties
12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]  
Consolidated Summary of Investments - Other Than Investments in Related Parties
MetLife, Inc.
Schedule I
Consolidated Summary of Investments —
Other Than Investments in Related Parties
December 31, 2023
(In millions)
Types of Investments
Cost or
Amortized Cost (1)
Estimated Fair
Value
Amount at
Which Shown on
Balance Sheet
Fixed maturity securities AFS:
Bonds:
Foreign government
$48,260 $45,489 $45,489 
U.S. government and agency
35,374 32,252 32,252 
Public utilities
10,842 10,534 10,534 
Municipals
11,991 11,171 11,171 
All other corporate bonds
132,887 124,645 124,645 
Total bonds
239,354 224,091 224,091 
Mortgage-backed, asset-backed and collateralized loan obligations securities60,244 56,339 56,339 
Redeemable preferred stock
957 982 982 
Total fixed maturity securities AFS
300,555 281,412 281,412 
Unit-linked and FVO securities
8,742 10,331 10,331 
Equity securities:
Common stock:
Industrial, miscellaneous and all other
306 456 456 
Banks, trust and insurance companies
118 204 204 
Public utilities
— 
Non-redeemable preferred stock
90 94 94 
Total equity securities
514 757 757 
Mortgage loans
93,227 92,506 
Policy loans
8,788 8,788 
Real estate and real estate joint ventures
13,142 13,142 
Real estate acquired in satisfaction of debt
190 190 
Other limited partnership interests
14,764 14,764 
Short-term investments
5,990 6,045 
Other invested assets
18,225 18,202 
Total investments
$464,137 $446,137 
__________________
(1)Unit-linked and FVO securities are primarily equity securities (including mutual funds) and fixed maturity securities. Amortized cost for fixed maturity securities AFS, Unit-linked and FVO securities, mortgage loans, policy loans and short-term investments represents original cost reduced by repayments and adjusted for amortization of premium or accretion of discount; for equity securities, cost represents original cost; for real estate, cost represents original cost reduced by impairments and depreciation; for real estate joint ventures and other limited partnership interests, cost represents original cost reduced for impairments and adjusted for equity in earnings and distributions.