Business, Basis of Presentation and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2012

Business, Basis of Presentation and Summary of Significant Accounting Policies [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The following table presents the effects of the retrospective application of the adoption of such new accounting guidance to the Company’s previously reported consolidated statements of operations and comprehensive income:

	Three Months Ended June 30, 2011								Six Months Ended June 30, 2011
	As Previously Reported			Adjustment			As Adjusted		As Previously Reported			Adjustment			As Adjusted
	(In millions)
Revenues
Net investment income	$	5,096	(1)	$	(2	)	$	5,094	$	10,410	(1)	$	(4	)	$	10,406
Expenses
Policyholder benefits and claims	$	9,119		$	2		$	9,121	$	17,350		$	8		$	17,358
Other expenses	$	4,495		$	204		$	4,699	$	8,397		$	392		$	8,789
Income (loss) from continuing operations before provision for income tax	$	1,718	(1)	$	(208	)	$	1,510	$	3,198	(1)	$	(404	)	$	2,794
Provision for income tax expense (benefit)	$	519		$	(71	)	$	448	$	946	(1)	$	(138	)	$	808
Income (loss) from continuing operations, net of income tax	$	1,199	(1)	$	(137	)	$	1,062	$	2,252	(1)	$	(266	)	$	1,986
Net income (loss)	$	1,230		$	(137	)	$	1,093	$	2,243		$	(266	)	$	1,977
Net income (loss) attributable to MetLife, Inc.	$	1,237		$	(137	)	$	1,100	$	2,243		$	(266	)	$	1,977
Net income (loss) available to MetLife, Inc.’s common shareholders	$	1,206		$	(137	)	$	1,069	$	2,036		$	(266	)	$	1,770
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders per common share:
Basic	$	1.11		$	(0.13	)	$	0.98	$	1.93		$	(0.25	)	$	1.68
Diluted	$	1.10		$	(0.13	)	$	0.97	$	1.91		$	(0.25	)	$	1.66
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:
Basic	$	1.14		$	(0.13	)	$	1.01	$	1.92		$	(0.25	)	$	1.67
Diluted	$	1.13		$	(0.13	)	$	1.00	$	1.90		$	(0.25	)	$	1.65

(1) Amounts in the table above differ from the amounts previously reported in the consolidated statements of operations and comprehensive income due to the inclusion of the impact of discontinued real estate operations of $2 million for the three months ended June 30, 2011 and $3 million (net investment income of $4 million, net of $1 million of income tax) for the six months ended June 30, 2011.

The following table presents the effects of the retrospective application of the adoption of such new accounting guidance to the Company’s previously reported consolidated statement of cash flows:

	Six Months Ended June 30, 2011
	As Previously Reported			Adjustment			As Adjusted
	(In millions)
Net cash provided by operating activities	$	6,793		$	(5	)	$	6,788
Net change in other invested assets	$	(6	)	$	5		$	(1	)