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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Premiums $ 10,053 $ 9,589
Universal life and investment-type product policy fees 1,248 1,289
Net investment income 5,436 4,645
Other revenues 674 639
Net investment gains (losses) (375) (684)
Net derivative gains (losses) (979) (90)
Total revenues 16,057 15,388
Expenses    
Policyholder benefits and claims 10,074 9,872
Policyholder liability remeasurement (gains) losses (22) (9)
Market risk benefit remeasurement (gains) losses (694) 188
Interest credited to policyholder account balances 2,290 1,864
Policyholder dividends 147 159
Other expenses 3,217 3,057
Total expenses 15,012 15,131
Income (loss) before provision for income tax 1,045 257
Provision for income tax expense (benefit) 170 172
Net income (loss) 875 85
Less: Net income (loss) attributable to noncontrolling interests 8 5
Net income (loss) attributable to MetLife, Inc. 867 80
Dividends, Preferred Stock 67 66
Net income (loss) available to MetLife, Inc.’s common shareholders 800 14
Comprehensive income (loss) 347 3,541
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 9 (13)
Comprehensive income (loss) attributable to MetLife, Inc. $ 338 $ 3,554
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:    
Basic $ 1.11 $ 0.02
Diluted $ 1.10 $ 0.02