XML 76 R65.htm IDEA: XBRL DOCUMENT v3.25.2
Deferred Policy Acquisition Costs, Value of Business Acquired and Unearned Revenue - DAC VOBA by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
DAC:          
DAC, Beginning Balance     $ 18,178 $ 18,388  
Capitalizations $ 787 $ 683 1,485 1,423  
Amortization     (1,000) (937)  
Effect of foreign currency translation and other, net     824 (824)  
DAC, Ending Balance 19,487 18,050 19,487 18,050  
VOBA:          
VOBA Net, Beginning Balance     1,449 1,763  
Amortization     (60) (70)  
Effect of foreign currency translation and other, net     117 (175)  
VOBA Net, Ending Balance 1,506 1,518 1,506 1,518  
Deferred policy acquisition costs and value of business acquired 20,993 19,568 20,993 19,568 $ 19,627
Group Benefits          
DAC:          
DAC, Beginning Balance     250 258  
Capitalizations     12 9  
Amortization     (13) (13)  
Effect of foreign currency translation and other, net     0 0  
DAC, Ending Balance 249 254 249 254  
VOBA:          
VOBA Net, Beginning Balance     0 0  
Amortization     0 0  
Effect of foreign currency translation and other, net     0 0  
VOBA Net, Ending Balance 0 0 0 0  
RIS          
DAC:          
DAC, Beginning Balance     552 397  
Capitalizations     81 107  
Amortization     (34) (30)  
Effect of foreign currency translation and other, net     0 0  
DAC, Ending Balance 599 474 599 474  
VOBA:          
VOBA Net, Beginning Balance     13 16  
Amortization     (1) (1)  
Effect of foreign currency translation and other, net     0 0  
VOBA Net, Ending Balance 12 15 12 15  
Asia          
DAC:          
DAC, Beginning Balance     10,785 10,864  
Capitalizations     769 696  
Amortization     (417) (379)  
Effect of foreign currency translation and other, net     499 (618)  
DAC, Ending Balance 11,636 10,563 11,636 10,563  
VOBA:          
VOBA Net, Beginning Balance     935 1,119  
Amortization     (33) (38)  
Effect of foreign currency translation and other, net     81 (136)  
VOBA Net, Ending Balance 983 945 983 945  
Latin America          
DAC:          
DAC, Beginning Balance     1,836 1,950  
Capitalizations     348 353  
Amortization     (247) (232)  
Effect of foreign currency translation and other, net     177 (156)  
DAC, Ending Balance 2,114 1,915 2,114 1,915  
VOBA:          
VOBA Net, Beginning Balance     393 497  
Amortization     (19) (22)  
Effect of foreign currency translation and other, net     27 (36)  
VOBA Net, Ending Balance 401 439 401 439  
EMEA          
DAC:          
DAC, Beginning Balance     1,664 1,618  
Capitalizations     262 243  
Amortization     (178) (166)  
Effect of foreign currency translation and other, net     145 (49)  
DAC, Ending Balance 1,893 1,646 1,893 1,646  
VOBA:          
VOBA Net, Beginning Balance     94 113  
Amortization     (6) (7)  
Effect of foreign currency translation and other, net     9 (3)  
VOBA Net, Ending Balance 97 103 97 103  
MetLife Holdings          
DAC:          
DAC, Beginning Balance     3,063 3,271  
Capitalizations     7 9  
Amortization     (107) (114)  
Effect of foreign currency translation and other, net     0 0  
DAC, Ending Balance 2,963 3,166 2,963 3,166  
VOBA:          
VOBA Net, Beginning Balance     14 18  
Amortization     (1) (2)  
Effect of foreign currency translation and other, net     0 0  
VOBA Net, Ending Balance 13 16 13 16  
Corporate & Other          
DAC:          
DAC, Beginning Balance     28 30  
Capitalizations     6 6  
Amortization     (4) (3)  
Effect of foreign currency translation and other, net     3 (1)  
DAC, Ending Balance 33 32 33 32  
VOBA:          
VOBA Net, Beginning Balance     0 0  
Amortization     0 0  
Effect of foreign currency translation and other, net     0 0  
VOBA Net, Ending Balance $ 0 $ 0 $ 0 $ 0