Metlife, inc. (MET)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
Assets
Investments:
Debt Securities, Available-for-sale

326,685

327,820

326,049

318,689

308,410

298,265

304,840

306,331

304,711

308,931

308,894

364,084

355,528

289,563

390,442

387,508

371,981

287,783

351,578

351,353

366,275

365,425

368,070

367,056

355,069

350,187

348,787

356,514

374,294

374,266

378,005

366,339

354,451

350,271

353,927

341,744

333,664

324,797

260,564

246,348

239,566

227,642

223,896

211,563

188,251

Available-for-sale Securities, Equity Securities

1,050

1,342

1,341

1,476

1,432

1,440

1,479

1,483

1,544

2,513

2,776

3,415

3,377

2,894

3,289

3,333

3,374

2,864

3,399

3,677

3,713

3,631

3,689

3,863

3,693

3,402

3,241

3,231

3,188

2,891

2,803

2,882

3,043

3,023

3,118

3,238

3,584

3,602

2,865

2,741

3,066

3,084

3,117

3,045

3,197

Debt Securities, Trading, and Equity Securities, FV-NI

11,145

13,102

12,671

13,000

13,245

12,616

13,540

13,848

16,444

16,745

16,538

14,762

14,399

13,923

14,730

14,314

14,993

15,024

15,361

16,460

16,471

16,689

17,246

17,831

17,494

17,423

16,646

16,110

16,588

16,348

15,995

18,328

19,026

18,268

18,698

19,700

19,365

18,589

3,987

3,158

3,039

2,384

1,970

1,471

946

Mortgage Loans on Real Estate, Commercial and Consumer, Net

81,344

80,529

78,959

77,997

78,601

75,752

72,461

70,852

-

68,731

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57,508

55,636

55,343

56,592

57,884

57,201

56,641

56,915

59,209

60,819

59,397

58,976

57,098

55,601

55,433

48,181

50,681

52,500

49,352

Held-for-sale, principally at estimated fair value (includes $0 and $49, respectively, under the fair value option)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

225

0

271

414

1,286

1,740

11,947

15,178

3,740

2,805

2,435

3,321

2,840

2,650

2,003

2,728

2,442

4,271

2,012

Held-for-investment, at amortized cost (net of valuation allowances of $671 and $304, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,239

48,229

-

Mortgage loans (net of valuation allowances of $327 and $314, respectively; includes $438 and $520, respectively, under the fair value option)

-

-

-

-

-

-

-

-

71,055

-

68,057

77,572

76,541

65,167

71,156

69,399

68,651

59,578

63,553

64,010

62,409

60,118

58,038

57,223

57,139

57,706

57,733

55,636

55,614

57,006

59,170

58,941

68,588

72,093

62,949

63,624

61,832

62,297

59,938

58,251

57,436

50,909

-

-

51,364

Loans, Gross, Insurance Policy

9,638

9,680

9,671

9,705

9,670

9,699

9,703

9,702

9,744

9,669

9,585

11,072

11,115

9,511

11,177

11,240

11,257

9,566

11,549

11,575

11,606

11,618

11,756

11,785

11,762

11,764

11,782

11,722

11,781

11,884

11,949

11,912

11,896

11,892

11,932

11,858

11,872

11,761

10,230

10,180

10,146

10,061

10,001

9,907

9,802

Real estate and real estate joint ventures (includes $144 and $127, respectively, under the fair value option)

11,250

10,741

10,246

10,326

10,022

9,698

9,977

9,741

9,862

9,637

9,486

9,484

9,464

8,891

9,186

9,063

8,733

7,839

9,923

10,207

10,310

10,525

10,393

10,101

9,930

10,712

10,053

9,886

9,998

9,918

8,749

8,477

8,472

8,563

8,197

8,234

8,042

8,030

6,981

6,832

6,826

6,896

6,982

7,295

7,535

Real estate held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

9

40

-

50

1

51

Other limited partnership interests

8,230

7,716

7,441

7,054

6,787

6,613

6,374

5,985

5,876

5,708

5,501

6,874

6,762

5,136

6,878

6,982

7,022

5,246

7,901

8,099

8,074

8,085

8,214

7,964

7,819

7,401

7,253

7,197

7,087

6,688

6,730

6,726

6,487

6,378

6,538

6,453

6,409

6,416

5,948

5,856

5,753

5,508

5,255

5,193

6,039

Short-term investments, principally at estimated fair value

5,930

3,850

3,536

2,811

4,524

3,937

5,231

3,853

5,121

4,870

7,217

7,177

9,968

6,523

11,655

9,838

11,621

7,467

14,957

14,594

14,130

8,621

12,240

12,366

13,908

13,955

12,664

12,990

13,653

16,906

14,678

18,526

11,801

17,310

15,913

12,419

8,822

9,384

11,590

9,746

8,019

8,374

6,861

8,117

13,878

Other Investments

27,839

19,015

21,979

20,036

18,175

18,190

16,336

17,017

17,486

17,263

17,652

19,596

19,724

19,303

30,278

31,834

27,095

17,607

23,356

20,409

23,763

21,283

17,905

17,116

16,433

16,229

16,766

17,920

20,269

21,145

23,477

24,288

20,172

23,581

23,138

14,900

13,693

15,400

16,571

15,584

12,327

12,709

13,916

13,071

17,248

Total investments

483,111

473,795

471,893

461,094

450,866

436,210

439,941

438,812

441,843

444,067

445,706

514,036

506,878

420,911

548,791

543,511

524,727

412,974

501,577

500,384

516,751

505,995

507,551

505,305

493,247

488,779

484,925

491,206

512,472

517,052

521,556

516,419

503,936

511,379

504,410

482,170

467,283

460,276

378,683

358,705

346,218

327,567

322,729

312,163

298,311

Cash and Cash Equivalents, at Carrying Value

24,094

16,598

19,452

18,435

14,506

15,821

12,490

16,312

13,927

12,701

13,023

17,319

17,411

12,651

15,883

17,067

13,290

11,182

10,216

8,074

8,127

10,808

8,783

7,393

8,573

7,585

11,376

9,184

9,983

15,738

16,950

16,035

18,667

10,461

10,001

9,628

10,692

12,957

14,557

10,702

9,202

10,112

15,562

13,213

24,207

Accrued investment income

3,828

3,523

3,561

3,535

3,569

3,582

3,691

3,512

3,638

3,524

3,692

3,970

3,984

3,308

4,197

3,884

4,198

3,390

4,187

3,990

4,298

4,120

4,380

4,234

4,446

4,255

4,519

4,357

4,555

4,374

4,716

4,404

4,612

4,344

4,793

4,341

4,478

4,328

3,469

3,249

3,392

3,173

3,236

3,019

3,061

Premiums and Other Receivables, Net

21,224

20,443

20,723

20,425

20,615

19,644

19,820

19,608

19,368

18,423

18,588

26,487

25,916

15,445

26,178

26,035

27,843

13,226

25,808

24,872

24,190

22,244

23,814

23,730

23,031

21,859

23,473

23,283

23,052

21,634

22,939

23,974

23,759

22,481

23,137

21,070

20,315

19,799

18,654

18,177

17,554

16,752

16,903

16,730

16,973

Deferred policy acquisition costs and value of business acquired

17,254

17,833

17,382

17,880

18,349

18,895

19,160

19,013

19,330

18,419

18,399

25,408

25,547

17,590

24,748

24,748

23,973

17,418

23,996

24,379

24,003

24,442

25,503

25,915

26,352

26,706

25,639

24,782

24,645

24,761

24,604

24,505

25,105

24,619

27,623

28,241

27,979

24,465

17,463

17,720

18,697

19,256

19,208

20,323

20,144

Current income tax recoverable

-

-

-

97

-

-

-

-

-

-

3

66

25

20

0

51

125

161

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

178

243

0

316

412

253

0

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

149

-

535

3,856

4,927

Goodwill

9,159

9,308

9,278

9,408

9,418

9,422

9,440

9,499

9,733

9,590

9,556

9,385

9,350

9,220

9,592

9,852

9,729

9,217

9,546

9,644

9,717

9,872

10,216

10,430

10,433

10,542

9,509

9,447

9,696

9,953

10,024

11,823

11,903

11,935

12,006

12,036

11,946

11,781

4,966

5,037

5,049

5,047

5,033

5,036

5,008

Assets of disposed subsidiary

-

-

-

-

-

-

-

-

-

-

0

-

-

216,983

-

-

-

216,437

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,421

3,369

3,413

3,331

-

-

-

-

0

0

946

Other Assets

10,617

10,518

10,166

10,029

10,100

8,408

8,493

8,230

8,387

8,167

8,149

8,073

8,055

7,058

7,867

7,747

7,496

6,776

7,881

7,589

7,980

7,862

8,900

9,136

8,387

8,369

7,952

7,830

8,062

7,876

8,123

7,711

9,647

7,984

8,340

8,246

9,321

8,174

6,913

6,712

6,869

6,822

7,140

7,896

7,262

Separate account assets

168,454

188,445

190,357

191,264

185,765

175,556

185,416

191,347

196,358

205,001

203,399

320,455

317,521

195,578

315,648

309,672

306,047

187,152

299,249

319,477

324,724

316,994

319,480

324,977

316,434

317,201

255,250

245,573

249,220

235,393

237,373

220,317

221,975

203,023

191,499

202,382

195,914

183,138

172,372

153,362

158,436

149,041

144,434

126,968

120,839

Total assets

737,741

740,463

742,812

732,167

713,188

687,538

698,451

706,333

712,584

719,892

720,515

925,199

914,687

898,764

952,904

942,567

917,428

877,933

882,460

898,409

919,790

902,337

908,627

911,120

890,903

885,296

822,643

815,662

841,685

836,781

846,285

825,188

819,604

796,226

785,230

771,483

751,341

728,249

617,255

573,907

565,566

539,314

535,192

509,457

501,678

Liabilities and Equity
Liabilities
Future policy benefits

193,106

194,909

193,310

191,139

187,508

186,780

185,476

184,461

180,348

177,974

176,005

205,836

203,226

166,636

208,561

204,461

196,967

161,266

190,754

188,928

191,217

189,586

189,282

189,675

189,970

187,942

186,528

184,697

190,054

192,351

191,068

188,509

184,141

184,275

182,736

176,353

172,987

170,922

143,686

140,239

137,516

135,879

134,492

132,823

130,555

Policyholder account balances

193,875

192,627

189,060

190,033

187,333

183,693

184,094

182,493

184,289

182,518

182,513

216,257

214,757

172,486

216,192

213,526

207,593

165,628

202,291

204,262

206,591

209,294

215,226

213,799

209,498

212,885

214,512

215,195

224,044

225,821

226,882

225,909

220,813

217,700

217,764

217,597

214,641

210,757

145,360

142,822

141,734

138,673

147,543

147,883

142,921

Other policy-related balances

16,755

17,171

16,960

16,815

16,967

16,529

16,207

15,908

16,023

15,515

15,026

14,708

14,713

13,402

14,857

14,447

14,435

12,893

14,521

14,393

14,586

14,422

15,026

15,361

15,369

15,214

15,530

15,279

15,472

15,463

15,836

15,664

16,029

15,599

15,451

15,456

15,641

15,750

8,912

8,660

8,682

8,446

8,549

8,319

7,762

Policyholder dividends payable

654

681

692

689

671

677

709

695

672

682

730

722

699

696

763

734

706

709

716

699

677

684

710

682

656

675

769

750

713

728

817

786

761

774

871

853

820

830

834

775

745

761

911

881

1,023

Closed Block Dividend Obligation

1,677

2,020

2,370

1,834

1,116

428

456

792

1,277

2,121

2,201

2,237

1,983

1,931

3,352

3,343

2,586

1,783

2,309

2,328

3,483

3,155

2,825

2,986

2,463

1,771

2,013

2,273

3,599

3,828

3,909

3,369

2,700

2,919

2,782

1,281

793

876

2,014

1,080

-

0

-

-

-

Payables for collateral under securities loaned and other transactions

35,530

26,745

28,443

25,354

25,084

24,794

26,075

27,030

26,151

25,723

27,132

33,725

32,899

25,873

44,422

45,790

41,165

26,234

37,991

35,532

37,312

35,326

33,776

33,187

32,469

30,411

31,866

33,247

34,215

33,687

38,493

40,302

32,496

33,716

34,933

30,079

28,625

27,272

31,891

29,772

25,982

24,196

24,363

24,607

31,059

Bank deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,416

6,515

6,832

10,478

10,507

10,685

10,022

9,313

10,316

9,362

9,790

10,032

10,211

-

-

6,884

Short-term debt

298

235

142

158

289

268

290

479

526

477

214

235

260

242

201

103

100

100

100

100

100

100

100

100

100

175

100

100

100

100

100

101

101

686

451

102

572

306

2,057

879

318

912

2,131

4,757

2,659

Long-term Debt and Lease Obligation, Including Current Maturities

14,510

13,466

13,443

13,346

12,850

12,829

13,408

14,536

15,707

15,686

16,688

19,508

16,511

16,441

16,553

16,586

17,915

17,936

16,755

16,770

17,714

16,286

16,389

16,783

16,793

18,653

18,252

18,577

18,721

19,062

19,621

18,879

23,389

23,692

24,753

28,269

27,604

27,586

24,512

20,647

20,177

13,220

13,202

12,940

9,667

Collateral financing arrangement

981

993

1,013

1,026

1,048

1,060

1,073

1,085

1,108

1,121

1,220

1,235

4,059

1,274

4,084

4,113

4,127

1,342

4,152

4,164

4,196

4,196

4,196

4,196

4,196

4,196

4,196

4,196

4,196

4,196

4,196

4,196

4,647

4,647

5,297

5,297

5,297

5,297

5,297

5,297

5,297

5,297

5,297

5,297

5,192

Junior subordinated debt securities

3,151

3,150

3,149

3,149

3,148

3,147

3,146

3,146

3,145

3,144

3,144

3,169

3,169

3,169

3,168

3,168

3,168

3,194

3,194

3,193

3,193

3,193

3,193

3,193

3,193

3,193

3,193

3,193

3,193

3,192

3,192

3,192

3,192

3,192

3,192

3,192

3,191

3,191

3,191

3,191

3,191

3,191

3,191

2,691

3,758

Liabilities of disposed subsidiary

-

-

-

-

-

-

-

-

-

-

0

-

-

202,707

-

-

-

204,374

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,221

3,163

3,206

3,043

-

-

-

-

0

0

748

Current income tax payable

708

363

31

0

505

441

166

222

155

311

-

-

-

0

151

-

-

-

21

71

243

184

293

232

239

186

199

111

231

401

451

310

239

193

385

133

113

297

-

-

66

0

0

0

342

Deferred income tax liability

10,009

9,097

10,153

8,766

7,075

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Tax Liabilities, Net

-

-

-

-

-

5,414

4,924

5,377

6,304

6,767

8,554

10,383

9,550

6,892

14,359

14,966

13,776

6,534

11,363

10,762

13,305

11,821

11,357

10,453

8,906

6,643

5,955

6,602

8,699

8,693

9,275

-8,603

-6,375

6,395

-7,214

-3,764

-2,238

-967

-3,543

2,050

-

1,228

-

-

-

Other Liabilities

27,570

24,179

25,070

24,548

25,091

22,964

25,202

24,930

24,013

23,982

26,745

27,060

27,232

23,735

32,127

32,285

32,878

20,292

27,977

27,741

28,040

24,437

25,373

25,214

24,178

23,168

22,902

25,331

24,260

22,492

24,007

25,395

33,144

30,914

23,121

19,707

20,037

20,366

17,455

15,619

17,211

15,989

16,486

14,679

14,284

Separate Account, Liability

168,454

188,445

190,357

191,264

185,765

175,556

185,416

191,347

196,358

205,001

203,399

320,455

317,521

195,578

315,648

309,672

306,047

187,152

299,249

319,477

324,724

316,994

319,480

324,977

316,434

317,201

255,250

245,573

249,220

235,393

237,373

220,317

221,975

203,023

191,499

202,382

195,914

183,138

172,372

153,362

158,436

149,041

144,434

126,968

120,839

Total liabilities

667,278

674,081

674,193

668,121

654,450

634,580

646,642

652,501

656,076

661,022

663,571

855,530

846,579

831,062

874,438

863,194

841,463

809,437

811,393

828,420

845,381

829,678

837,226

840,838

824,464

822,313

761,265

755,124

776,717

771,823

781,735

762,364

760,480

738,232

724,355

717,650

700,992

680,914

570,486

534,183

529,387

505,816

500,599

481,845

477,693

Contingencies, Commitments and Guarantees (Note 15)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

Redeemable noncontrolling interests in partially-owned consolidated subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

77

79

92

95

99

102

108

107

887

110

130

96

121

152

95

114

105

130

124

128

117

-

-

-

0

-

-

-

Equity
MetLife, Inc.’s stockholders’ equity:
Preferred stock, par value $0.01 per share; $4,405 and $3,405, respectively, aggregate liquidation preference

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

1

1

1

1

1

1

1

1

1

1

1

1

1

1

-

-

-

-

1

1

1

-

1

1

1

Common stock, par value $0.01 per share; 3,000,000,000 shares authorized; 1,180,575,685 and 1,177,680,299 shares issued, respectively; 907,568,876 and 915,338,098 shares outstanding, respectively

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

10

9

8

8

8

8

8

8

Additional paid-in capital

33,711

32,680

32,639

32,602

32,535

32,474

32,475

32,454

31,653

31,111

31,066

31,021

30,990

30,944

30,797

30,783

30,769

30,749

30,726

30,718

30,632

30,543

29,488

29,438

29,384

29,277

29,221

28,137

28,072

28,011

26,964

26,927

26,920

26,782

26,744

26,714

26,668

26,423

20,451

16,896

16,871

16,859

16,865

16,849

15,811

Retained Earnings (Accumulated Deficit)

36,919

33,078

32,948

31,209

29,944

28,926

27,331

26,870

26,453

26,527

24,410

35,270

34,863

34,683

37,054

36,924

37,301

35,519

35,153

34,376

33,754

32,020

30,928

29,259

28,319

27,332

26,766

25,824

25,958

25,205

25,920

26,904

24,640

24,814

26,951

23,399

22,193

19,446

22,096

21,820

20,294

19,501

19,822

20,472

22,403

Treasury stock, at cost; 273,006,809 and 262,342,201 shares, respectively

13,178

12,678

12,428

11,643

10,893

10,393

9,193

8,557

7,442

6,401

5,779

5,284

4,332

3,474

3,172

3,172

3,172

3,102

2,279

2,172

2,158

1,172

615

176

172

172

172

172

172

172

172

172

172

172

172

172

172

172

172

172

172

190

194

203

236

Accumulated Other Comprehensive Income (Loss), Net of Tax

12,757

13,052

15,197

11,631

6,911

1,722

1,000

2,854

5,634

7,427

7,005

8,436

6,396

5,366

13,595

14,632

10,865

4,771

6,891

6,443

11,529

10,649

10,992

11,058

8,215

5,104

5,100

6,202

10,580

11,397

11,325

8,735

7,266

6,083

6,813

3,356

1,115

1,145

4,030

822

-1,191

-3,058

-2,234

-9,834

-14,253

Total MetLife, Inc.’s stockholders’ equity

70,221

66,144

68,368

63,811

58,509

52,741

51,625

53,633

56,310

58,676

56,714

69,455

67,929

67,531

78,286

79,179

75,775

67,949

70,503

69,377

73,770

72,053

70,805

69,591

65,758

61,553

60,927

60,003

64,450

64,453

64,049

62,406

58,666

57,519

60,348

53,309

49,816

46,853

46,415

39,375

35,811

33,121

34,268

27,293

23,734

Noncontrolling interests

242

238

251

235

229

217

184

199

198

194

230

214

179

171

180

194

190

470

485

520

544

507

494

583

574

543

341

405

422

384

349

323

344

370

397

400

405

365

354

349

368

377

325

319

251

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

70,463

66,382

68,619

64,046

58,738

52,958

51,809

53,832

56,508

58,870

56,944

69,669

68,108

67,702

78,466

79,373

75,965

68,419

70,988

69,897

74,314

72,560

71,299

70,174

66,332

62,096

61,268

60,408

64,872

64,837

64,398

62,729

59,010

57,889

60,745

53,709

50,221

47,218

46,769

39,724

36,179

33,528

34,593

27,612

23,985

Total liabilities and equity

737,741

740,463

742,812

732,167

713,188

687,538

698,451

706,333

712,584

719,892

720,515

925,199

914,687

898,764

952,904

942,567

917,428

877,933

882,460

898,409

919,790

902,337

908,627

911,120

890,903

885,296

822,643

815,662

841,685

836,781

846,285

825,188

819,604

796,226

785,230

771,483

751,341

728,249

617,255

573,907

565,566

539,314

535,192

509,457

501,678