Debt

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Long-Term Debt

13. Long-term Debt

Senior Notes

In March 2024, MetLife, Inc. issued the following fixed rate senior notes totaling $752 million. Interest is payable semiannually beginning in September 2024:

•¥7.1 billion due March 2029 which bear interest annually at 1.009%;

•¥23.1 billion due March 2031 which bear interest annually at 1.415%;

•¥16.7 billion due March 2034 which bear interest annually at 1.670%;

•¥11.2 billion due March 2039 which bear interest annually at 1.953%;

•¥15.5 billion due March 2044 which bear interest annually at 2.195%;

•¥23.5 billion due March 2054 which bear interest annually at 2.390%; and

•¥15.2 billion due March 2059 which bear interest annually at 2.448%.

In connection with the issuances, MetLife, Inc. incurred $6 million of related costs which are amortized over the applicable term of each series of the senior notes.

See Note 20 for information on MetLife, Inc.’s senior notes redemption subsequent to