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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues                      
Premiums                 $ 44,283 $ 48,510 $ 41,152
Universal life and investment-type product policy fees                 5,152 5,225 5,244
Net investment income                 19,908 15,916 21,395
Other revenues                 2,526 2,630 2,619
Net investment gains (losses)                 (2,824) (1,260) 1,543
Net derivative gains (losses)                 (2,140) (2,251) (3,257)
Total revenues $ 19,028 $ 15,866 $ 16,623 $ 15,388 $ 15,608 $ 22,283 $ 15,474 $ 15,405 66,905 68,770 68,696
Expenses                      
Policyholder benefits and claims                 44,590 49,507 43,118
Policyholder liability remeasurement (gains) losses                 (45) 114 (172)
Market Risk Benefit Remeasurement (Gains) Losses                 (994) (3,674) (1,237)
Interest credited to policyholder account balances                 7,860 3,894 5,571
Policyholder dividends                 622 706 880
Other expenses                 12,710 11,859 12,018
Total expenses 18,087 15,332 16,193 15,131 13,582 20,868 14,486 13,470 64,743 62,406 60,178
Income (loss) before provision for income tax                 2,162 6,364 8,518
Provision for income tax expense (benefit)                 560 1,062 1,642
Net income (loss) 614 495 408 85 1,581 1,167 915 1,639 1,602 5,302 6,876
Less: Net income (loss) attributable to noncontrolling interests 7 6 6 5 3 5 5 5 24 18 21
Net income (loss) attributable to MetLife, Inc. 607 489 402 80 1,578 1,162 910 1,634 1,578 5,284 6,855
Less: Preferred stock dividends 33 67 32 66 29 64 29 63 198 185 195
Preferred stock redemption premium                 0 0 6
Net income (loss) available to MetLife, Inc.’s common shareholders $ 574 $ 422 $ 370 $ 14 $ 1,549 $ 1,098 $ 881 $ 1,571 $ 1,380 $ 5,099 $ 6,654
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:                      
Basic $ 0.78 $ 0.56 $ 0.48 $ 0.02 $ 1.98 $ 1.38 $ 1.09 $ 1.91 $ 1.82 $ 6.35 $ 7.71
Diluted $ 0.77 $ 0.56 $ 0.48 $ 0.02 $ 1.96 $ 1.37 $ 1.08 $ 1.89 $ 1.81 $ 6.30 $ 7.65