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Equity (Tables)
9 Months Ended
Sep. 30, 2012
Equity [Abstract]  
Dividend Payment Restrictions
                 
    2012  

Company

  Paid     Permitted w/o
Approval (1)
 
    (In millions)  

Metropolitan Life Insurance Company

  $ —      $ 1,350  

American Life Insurance Company

  $   1,000  (2)    $ 168  

MetLife Insurance Company of Connecticut

  $ 202  (3)    $ 504  

Metropolitan Tower Life Insurance Company

  $ —      $ 82  

MetLife Investors Insurance Company

  $ —      $ 18  

Delaware American Life Insurance Company

  $ —      $ 12  

 

 

(1)

Reflects dividend amounts that may be paid during 2012 without prior regulatory approval. However, because dividend tests may be based on dividends previously paid over rolling 12-month periods, if paid before a specified date during 2012, some or all of such dividends may require regulatory approval. No available amounts were paid by the above subsidiaries to MetLife, Inc. during the nine months ended September 30, 2012, except as described for American Life and MICC.

 

(2)

During May 2012, American Life received regulatory approval to pay an extraordinary dividend for an amount up to the funds remitted in connection with the Company’s restructuring of American Life’s business in Japan. The dividend may be paid in installments by November 30, 2012. Subsequently, $1.5 billion was remitted to American Life. See Note 2. Of this approved amount, $1.0 billion was paid to MetLife, Inc. as an extraordinary dividend, during May 2012, which included the $168 million otherwise permitted to be paid without approval later in 2012, due to the timing of such dividend.

 

(3)

During June 2012, MICC distributed shares of an affiliate to MetLife, Inc. as an in-kind extraordinary dividend of $202 million as calculated on a statutory basis. Regulatory approval for this extraordinary dividend was obtained due to the timing of payment. Remaining dividends permitted to be paid in 2012 without regulatory approval total $302 million.