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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Premiums $ 11,628 $ 11,678 $ 21,681 $ 21,267
Universal life and investment-type product policy fees 1,281 1,288 2,529 2,577
Net investment income 5,205 5,072 10,641 9,717
Other revenues 638 621 1,312 1,260
Net investment gains (losses) (421) (1,039) (796) (1,723)
Net derivative gains (losses) (508) (997) (1,487) (1,087)
Total revenues 17,823 16,623 33,880 32,011
Expenses        
Policyholder benefits and claims 11,485 11,809 21,559 21,681
Policyholder liability remeasurement (gains) losses (10) (16) (32) (25)
Market risk benefit remeasurement (gains) losses (182) (817) (876) (629)
Interest credited to policyholder account balances 2,000 1,933 4,290 3,797
Policyholder dividends 148 151 295 310
Other expenses 3,180 3,133 6,397 6,190
Total expenses 16,621 16,193 31,633 31,324
Income (loss) before provision for income tax 1,202 430 2,247 687
Provision for income tax expense (benefit) 249 22 419 194
Net income (loss) 953 408 1,828 493
Less: Net income (loss) attributable to noncontrolling interests 7 6 15 11
Net income (loss) attributable to MetLife, Inc. 946 402 1,813 482
Dividends, Preferred Stock 34 32 101 98
Net income (loss) available to MetLife, Inc.’s common shareholders 912 370 1,712 384
Comprehensive income (loss) (11) (829) 336 2,712
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 8 8 17 (5)
Comprehensive income (loss) attributable to MetLife, Inc. $ (19) $ (837) $ 319 $ 2,717
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:        
Basic $ 1.28 $ 0.48 $ 2.39 $ 0.50
Diluted $ 1.28 $ 0.48 $ 2.37 $ 0.50