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Consolidated Summary of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2012

Consolidated Summary of Investments - Other Than Investments in Related Parties [Abstract]

Consolidated Summary of Investments - Other Than Investments in Related Parties

MetLife, Inc.

Schedule I

Consolidated Summary of Investments —

Other Than Investments in Related Parties

December 31, 2012

(In millions)


Types of Investments		Cost or Amortized Cost (1)				Estimated Fair Value				Amount at Which Shown on Balance Sheet
Fixed maturity securities:
Bonds:
Foreign government securities		$	51,967			$	57,336			$	57,336
U.S. Treasury and agency securities			41,874				47,967				47,967
Public utilities			28,110				32,200				32,200
State and political subdivision securities			12,949				15,048				15,048
All other corporate bonds			134,062				146,796				146,796

Total bonds			268,962				299,347				299,347
Mortgage-backed and asset-backed securities			69,605				72,605				72,605
Redeemable preferred stock			2,303				2,314				2,314

Total fixed maturity securities			340,870				374,266				374,266

Fair value option and trading securities			16,496				16,348				16,348

Equity securities:
Common stock:
Industrial, miscellaneous and all other			1,863				1,978				1,978
Banks, trust and insurance companies			171				184				184
Non-redeemable preferred stock			804				729				729

Total equity securities			2,838				2,891				2,891

Mortgage loans:
Held-for-investment			56,592								56,592
Held-for-sale			414								414

Mortgage loans, net			57,006								57,006

Policy loans			11,884								11,884
Real estate and real estate joint ventures			9,430								9,430
Real estate acquired in satisfaction of debt			488								488
Other limited partnership interests			6,688								6,688
Short-term investments			16,906								16,906
Other invested assets			21,145								21,145

Total investments		$	483,751							$	517,052

(1)

The Company’s fair value option and trading securities portfolio is mainly comprised of fixed maturity and equity securities, including mutual funds and, to a lesser extent, short-term investments and cash and cash equivalents. Cost or amortized cost for fixed maturity securities and mortgage loans held-for-investment represents original cost reduced by repayments, valuation allowances and impairments from other-than-temporary declines in estimated fair value that are charged to earnings and adjusted for amortization of premiums or discounts; for equity securities, cost represents original cost reduced by impairments from other-than-temporary declines in estimated fair value; for real estate, cost represents original cost reduced by impairments and adjusted for valuation allowances and depreciation; for real estate joint ventures and other limited partnership interests cost represents original cost reduced for other-than-temporary impairments or original cost adjusted for equity in earnings and distributions.

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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