XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Premiums $ 5,290 $ 6,356 $ 15,259 $ 16,562
Universal life and investment-type product policy fees 494 513 1,501 1,537
Net investment income 2,774 2,749 7,423 8,188
Other revenues 411 372 1,187 1,176
Net investment gains (losses) 30 88 (96) 100
Net derivative gains (losses) (549) 732 2,213 630
Total revenues 8,450 10,810 27,487 28,193
Expenses        
Policyholder benefits and claims 5,979 7,016 17,081 18,443
Interest credited to policyholder account balances 538 668 1,720 1,993
Policyholder dividends 161 257 655 774
Other expenses 1,360 1,297 3,738 3,680
Total expenses 8,038 9,238 23,194 24,890
Income (loss) before provision for income tax 412 1,572 4,293 3,303
Provision for income tax expense (benefit) 7 233 626 389
Net income (loss) 405 1,339 3,667 2,914
Less: Net income (loss) attributable to noncontrolling interests 1 1 (1) 2
Net income (loss) attributable to Metropolitan Life Insurance Company 404 1,338 3,668 2,912
Comprehensive income (loss) (2,334) 3,954 5,129 10,940
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax 1 1 (1) 2
Comprehensive income (loss) attributable to Metropolitan Life Insurance Company $ (2,335) $ 3,953 $ 5,130 $ 10,938