Long-term and Short-term Debt (Tables)

12 Months Ended

Dec. 31, 2012

Long-term and Short-term Debt [Abstract]

Long-term and Short-term debt outstanding

	Interest Rates (1)
	Range	Weighted    Average		Maturity	December 31,
					2012		2011
					(In millions)
Senior notes	0.79% - 7.72%		4.83 %	2013 - 2045	$	15,669	$	15,666
Advances agreements	0.23% - 4.86%		2.33 %	2012		—		4,179
Surplus notes	7.63% - 7.88%		7.84 %	2015 - 2025		700		700
Other notes	0.22% - 8.00%		4.47 %	2016 - 2030		133		42
Capital lease obligations						33		37
Total long-term debt (2)						16,535		20,624
Total short-term debt						100		686
Total					$	16,635	$	21,310

(1) Range of interest rates and weighted average interest rates are for the year ended December 31, 2012.

(2) Excludes $2.5 billion and $3.1 billion of long-term debt relating to CSEs at December 31, 2012 and 2011, respectively. See Note 8.

Schedule of Short-term Debt

	December 31,
	2012		2011
	(In millions)
Commercial paper	$	100	$	101
MetLife Bank, N.A. - Advances agreements with the FHLB of NY		—		585
Total short-term debt	$	100	$	686
Average daily balance	$	119	$	447
Average days outstanding		40 days		19 days

Schedule of Line of Credit Facilities

Borrower(s)	Expiration	Capacity		Letter of Credit Issuances		Drawdowns		Unused    Commitments
		(In millions)
MetLife, Inc. and MetLife Funding, Inc.	September 2017 (1)	$	1,000	$	365	$	—	$	635
MetLife, Inc. and MetLife Funding, Inc.	August 2016		3,000		2,203		—		797
Total		$	4,000	$	2,568	$	—	$	1,432

(1) In September 2012, MetLife, Inc. and MetLife Funding, Inc. entered into a $1.0 billion five-year credit agreement which amended and restated the three-year agreement dated October 2010. All borrowings under the 2012 five-year credit agreement must be repaid by September 2017, except that letters of credit outstanding on that date may remain outstanding until no later than September 2018. MetLife, Inc. incurred costs of $4 million related to the amended and restated credit facility, which have been capitalized and included in other assets. These costs will be amortized over the remaining term of the amended and restated credit facility.

Committed Facilities

Account Party/Borrower(s)	Expiration	Capacity		Letter of Credit   Issuances		Drawdowns		Unused  Commitments
		(In millions)
MetLife, Inc.	August 2013	$	300	$	300	$	—	$	—
Exeter Reassurance Company, Ltd.,
MetLife, Inc. & Missouri
Reinsurance, Inc.	June 2016		500		490		—		10
MetLife Reinsurance Company of
Vermont & MetLife, Inc.	December 2020 (1)		350		350		—		—
Exeter Reassurance Company, Ltd.	December 2027 (1)		650		555		—		95
MetLife Reinsurance Company of
South Carolina & MetLife, Inc.	June 2037 (2)		3,500		—		2,797		703
MetLife Reinsurance Company of
Vermont & MetLife, Inc.	December 2037 (1)		2,896		1,825		—		1,071
MetLife Reinsurance Company of
Vermont & MetLife, Inc.	September 2038 (1)		4,250		2,018		—		2,232
Total		$	12,446	$	5,538	$	2,797	$	4,111

(1) MetLife, Inc. is guarantor under this agreement.

(2) The drawdown on this facility is associated with a collateral financing arrangement described more fully in Note 13.