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Deferred Policy Acquisition Costs, Value of Business Acquired and Unearned Revenue
 6 Months Ended
Jun. 30, 2024
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Net [Abstract]  
Intangible Assets and Liabilities and Unearned Revenue, excluding Goodwill [Text Block]
8. Deferred Policy Acquisition Costs, Value of Business Acquired and Unearned Revenue
DAC and VOBA
Information regarding total DAC and VOBA by segment, as well as Corporate & Other, was as follows at:
Group
Benefits
RIS
Asia (1)
Latin
America (2)
EMEA (2)
MetLife
Holdings (3)
Corporate &
Other
Total
(In millions)
DAC:
Balance at January 1, 2024$258 $397 $10,864 $1,950 $1,618 $3,271 $30 $18,388 
Capitalizations9 107 696 353 243 9 6 1,423 
Amortization(13)(30)(379)(232)(166)(114)(3)(937)
Effect of foreign currency translation and other, net— — (618)(156)(49)— (1)(824)
Balance at June 30, 2024$254 $474 $10,563 $1,915 $1,646 $3,166 $32 $18,050 
Balance at January 1, 2023$265 $267 $10,270 $1,542 $1,480 $3,791 $29 $17,644 
Capitalizations11 95 798 299227 12 5 1,447 
Amortization(13)(22)(336)(197)(161)(130)(5)(864)
Effect of foreign currency translation and other, net— — (428)178 16 — 1 (233)
Balance at June 30, 2023$263 $340 $10,304 $1,822 $1,562 $3,673 $30 $17,994 
VOBA:
Balance at January 1, 2024$— $16 $1,119 $497 $113 $18 $— $1,763 
Amortization— (1)(38)(22)(7)(2)— (70)
Effect of foreign currency translation and other, net— — (136)(36)(3)— — (175)
Balance at June 30, 2024$— $15 $945 $439 $103 $16 $— $1,518 
Balance at January 1, 2023$— $19 $1,290 $545 $127 $28 $— $2,009 
Amortization— (1)(47)(26)(9)(2)— (85)
Effect of foreign currency translation and other, net— — (109)39 2 — — (68)
Balance at June 30, 2023$— $18 $1,134 $558 $120 $26 $— $1,856 
Total DAC and VOBA:
Balance at June 30, 2024
$19,568 
Balance at June 30, 2023
$19,850 
Balance at December 31, 2023$20,151 
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(1)Includes DAC balances primarily related to accident & health, universal and variable universal life, variable life and fixed annuity products and VOBA balances primarily related to accident & health products.
(2)Includes DAC balances primarily related to universal life and variable universal life products.
(3)Includes DAC balances primarily related to universal life, variable universal life, whole life, term life and variable annuity products.
Unearned Revenue
Information regarding the Company’s unearned revenue primarily related to universal life and variable universal life products by segment included in other policy-related balances was as follows:
Six Months
Ended
June 30, 2024
RIS
AsiaLatin
 America		EMEAMetLife
Holdings 		Total
(In millions)
Balance, beginning of period$31 $2,850 $989 $608 $59 $4,537 
Deferrals1 285 75 49 8 418 
Amortization(3)(107)(60)(34)(2)(206)
Effect of foreign currency translation and other, net— (50)(74)(11)— (135)
Balance, end of period$29 $2,978 $930 $612 $65 $4,614 
Six Months
Ended
June 30, 2023
RIS
AsiaLatin
 America		EMEAMetLife
Holdings		Total
(In millions)
Balance, beginning of period$36 $2,382 $848 $559 $281 $4,106 
Deferrals1 283 70 46 28 428 
Amortization(4)(80)(58)(31)(11)(184)
Effect of foreign currency translation and other, net— (32)108 13 — 89 
Balance, end of period$33 $2,553 $968 $587 $298 $4,439