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Deferred Policy Acquisition Costs, Value of Business Acquired and Unearned Revenue
 9 Months Ended
Sep. 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 
Capitalizations13 160 1,032 527 362 13 7 2,114 
Amortization(19)(43)(579)(348)(254)(171)(6)(1,420)
Effect of foreign currency translation and other, net— — (71)(224)(5)— — (300)
Balance at September 30, 2024$252 $514 $11,246 $1,905 $1,721 $3,113 $31 $18,782 
Balance at January 1, 2023$265 $267 $10,270 $1,542 $1,480 $3,791 $29 $17,644 
Capitalizations16 136 1,202 470341 17 7 2,189 
Amortization(19)(34)(518)(306)(245)(194)(8)(1,324)
Effect of foreign currency translation and other, net— — (600)125 (27)— — (502)
Balance at September 30, 2023$262 $369 $10,354 $1,831 $1,549 $3,614 $28 $18,007 
VOBA:
Balance at January 1, 2024$— $16 $1,119 $497 $113 $18 $— $1,763 
Amortization— (2)(55)(32)(11)(3)— (103)
Effect of foreign currency translation and other, net— — (19)(22)— — — (41)
Balance at September 30, 2024$— $14 $1,045 $443 $102 $15 $— $1,619 
Balance at January 1, 2023$— $19 $1,290 $545 $127 $28 $— $2,009 
Amortization— (2)(69)(38)(12)(3)— (124)
Effect of foreign currency translation and other, net— — (144)(10)(1)— — (155)
Balance at September 30, 2023$— $17 $1,077 $497 $114 $25 $— $1,730 
Total DAC and VOBA:
Balance at September 30, 2024
$20,401 
Balance at September 30, 2023
$19,737 
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:
Nine Months
Ended
September 30, 2024
RIS
AsiaLatin
 America		EMEAMetLife
Holdings 		Total
(In millions)
Balance, beginning of period$31 $2,850 $989 $608 $59 $4,537 
Deferrals1 424 111 72 12 620 
Amortization(4)(167)(88)(51)(4)(314)
Effect of foreign currency translation and other, net— (9)(124)3 — (130)
Balance, end of period$28 $3,098 $888 $632 $67 $4,713 
Nine Months
Ended
September 30, 2023
RIS
AsiaLatin
 America		EMEAMetLife
Holdings		Total
(In millions)
Balance, beginning of period$36 $2,382 $848 $559 $281 $4,106 
Deferrals2 477 108 71 41 699 
Amortization(5)(129)(87)(47)(16)(284)
Effect of foreign currency translation and other, net— (49)85 4 — 40 
Balance, end of period$33 $2,681 $954 $587 $306 $4,561