MetLife, Inc. MET Income Statement

Metlife, inc. (MET)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Revenues
Premiums
42,235	43,840	38,992	37,202	36,403	36,970	37,674	37,975	36,361	27,071	26,157	25,914	22,970
Universal life and investment-type product policy fees
5,603	5,502	5,510	5,483	5,570	5,824	9,451	8,556	7,806	6,028	5,197	5,381	5,238
Net investment income
18,868	16,166	17,363	16,790	16,205	18,158	22,232	21,984	19,585	17,493	14,729	16,289	18,057
Other revenues
1,842	1,880	1,341	1,685	1,927	1,962	1,920	1,906	2,532	2,328	2,329	1,586	1,465
Net investment gains (losses):
Other-than-temporary impairments on fixed maturity securities available-for-sale
130	40	11	96	61	36	106	346	924	682	2,432	1,296	78
Other-than-temporary impairments on fixed maturity securities available-for-sale transferred to other comprehensive income (loss)
0	0	-1	11	-2	9	60	-29	31	-212	-939	0	0
Other net investment gains (losses)
574	-258	-298	424	668	383	327	-35	88	62	-1,408	-802	-500
Net investment gains (losses)
444	-298	-308	317	609	338	161	-352	-867	-408	-2,901	-2,098	-578
Net derivative gains (losses)
628	851	-590	-690	629	722	-3,239	-1,919	4,824	-265	-4,866	3,910	-
Total revenues
69,620	67,941	62,308	60,787	61,343	63,974	68,199	68,150	70,241	52,247	40,645	50,982	47,152
Expenses
Policyholder benefits and claims
41,461	42,656	38,313	36,358	35,144	35,393	38,107	37,987	35,471	29,187	28,005	27,437	23,783
Interest credited to policyholder account balances
6,464	4,013	5,607	5,176	4,415	5,726	8,179	7,729	5,603	4,919	4,845	4,788	5,461
Policyholder dividends
1,211	1,251	1,231	1,223	1,356	1,353	1,259	1,369	1,446	1,485	1,649	1,751	1,723
Goodwill impairment
-	-	-	-	-	-	-	1,868	0	0	-	-	-
Other expenses
13,689	13,714	13,621	13,749	14,777	14,619	16,602	17,755	18,537	12,927	10,761	11,947	10,405
Total expenses
62,825	61,634	58,772	56,506	55,692	57,091	64,147	66,708	61,057	48,518	45,260	45,923	41,372
Income (loss) before provision for income tax
6,795	6,307	3,536	4,281	5,651	6,883	4,052	1,442	9,184	3,729	-4,615	5,059	5,780
Provision for income tax expense (benefit)
886	1,179	-1,470	693	1,590	1,936	661	128	2,793	1,110	-2,106	1,580	1,675
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
5,909	5,128	5,006	3,588	4,061	4,947	3,391	1,314	6,391	2,619	-2,509	3,479	4,105
Income (loss) from discontinued operations, net of income tax
0	0	-986	-2,734	1,324	1,389	2	48	24	44	62	-201	360
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
5,909	5,128	4,020	854	5,385	6,336	3,393	1,362	6,415	2,663	-2,447	3,278	4,465
Less: Net income (loss) attributable to noncontrolling interests
10	5	10	4	12	27	25	38	-8	4	36	69	148
Net income (loss) attributable to MetLife, Inc.
5,899	5,123	4,010	850	5,373	6,309	3,368	1,324	6,423	2,667	-2,411	3,209	4,317
Less: Preferred stock dividends
178	141	103	103	116	122	122	122	122	122	122	125	137
Preferred stock repurchase premium
-	-	-	-	42	0	0	-	146	0	0	-	-
Net income (loss) available to MetLife, Inc.’s common shareholders
5,721	4,982	3,907	747	5,215	6,187	3,246	1,202	6,155	2,545	-2,533	3,084	4,180
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders per common share:
Basic
6.10	4.95	4.57	3.16	3.48	4.25	2.94	1.08	5.79	2.83	-3.17	4.60	5.32
Diluted
6.06	4.91	4.53	3.13	3.44	4.20	2.91	1.08	5.74	2.81	-3.17	4.54	5.20
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:
Basic
6.10	4.95	3.65	0.68	4.67	5.48	2.94	1.12	5.81	2.88	-3.09	4.19	5.62
Diluted
6.06	4.91	3.62	0.67	4.62	5.42	2.91	1.12	5.76	2.86	-3.09	4.14	5.48
Cash dividends declared per common share
-	-	-	-	1.47	1.32	1.01	0.74	0.74	0.74	0.74	0.74	0.74