MetLife, Inc. MET Income Statement

Metlife, inc. (MET)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
Premiums
42,296	42,235	39,582	39,043	44,067	43,840	44,144	44,778	39,205	38,992	37,674	36,637	36,474	37,202	36,412	36,948	36,843	36,403	37,115	36,443	37,004	36,970	39,066	38,457	37,742	37,674	37,992	37,994	37,997	37,975	36,557	36,803	36,936	36,361	34,405	31,547	28,837	27,071	26,714	26,831	26,823	26,157	26,084	25,823	0	0	0
Universal life and investment-type product policy fees
5,669	5,603	5,614	5,517	5,475	5,502	5,463	5,548	5,542	5,510	3,664	3,577	4,499	5,483	4,367	5,372	5,520	5,570	5,491	5,773	5,797	5,824	9,924	9,668	9,581	9,451	9,284	9,043	8,769	8,556	8,256	8,123	7,995	7,806	7,545	6,999	6,512	6,028	5,886	5,685	5,419	5,197	5,002	5,147	0	0	0
Net investment income
17,021	18,868	17,686	17,549	17,329	16,166	17,158	16,967	16,687	17,363	15,644	15,958	16,652	16,790	15,893	15,243	15,303	16,205	16,821	18,272	18,584	18,158	21,551	21,167	21,190	22,232	21,933	22,424	21,861	21,984	21,362	20,097	20,472	19,585	19,406	19,518	18,485	17,493	16,561	16,120	15,789	14,729	14,961	15,357	0	0	0
Other revenues
1,787	1,842	1,843	1,903	1,900	1,880	1,834	1,656	1,473	1,341	1,290	1,345	1,540	1,685	1,760	1,888	1,919	1,927	1,973	2,007	1,979	1,962	1,960	1,918	1,918	1,920	1,907	1,886	1,789	1,906	2,099	2,364	2,563	2,532	2,525	2,429	2,381	2,328	2,282	2,260	2,288	2,329	2,149	1,898	0	0	0
Net investment gains (losses):
Other-than-temporary impairments on fixed maturity securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	96	100	139	131	61	47	21	30	36	69	65	91	106	113	157	240	346	709	747	927	924	669	717	663	682	1,201	1,708	2,030	2,432	2,517	2,006	0	0	0
Other-than-temporary impairments on fixed maturity securities available-for-sale transferred to other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-2	-11	19	23	9	20	27	25	60	66	35	4	-29	-13	186	38	31	-340	-553	-280	-212	-1,285	-1,016	-880	-939	479	234	0	0	0
Other net investment gains (losses)
-	-	-	-	-	-	-	-	-	-	-	-	-	424	699	868	457	668	1,336	1,067	1,088	383	-516	-707	-448	327	318	438	316	-35	-14	146	87	88	250	-202	-38	62	2,802	2,698	-931	-1,408	-2,683	-2,574	0	0	0
Net investment gains (losses)
141	444	382	338	50	-298	-337	-1,060	-729	-308	-609	228	390	317	586	737	338	609	1,300	1,027	1,035	338	-605	-799	-564	161	139	246	72	-352	-710	-787	-878	-867	-393	-680	-539	-408	2,242	1,852	-1,963	-2,901	-4,721	-4,346	0	0	0
Net derivative gains (losses)
4,714	628	3,032	1,400	617	851	-143	112	-29	-590	82	-338	-2,237	-690	-1,072	-44	1,143	629	-16	-23	1,200	722	759	-265	-2,266	-3,239	-4,181	-4,353	-571	-1,919	-13	4,901	3,161	4,824	2,690	-1,750	-621	-265	-129	0	0	-	0	-	-	-	-
Total revenues
71,628	69,620	68,139	65,750	69,438	67,941	68,119	68,001	62,149	62,308	57,745	57,407	57,318	60,787	57,946	60,144	61,066	61,343	62,684	63,499	65,599	63,974	72,655	70,146	67,601	68,199	67,074	67,240	69,917	68,150	67,551	71,501	70,249	70,241	66,178	58,063	55,055	52,247	51,504	49,404	43,531	40,645	42,068	43,879	0	0	0
Expenses
Policyholder benefits and claims
41,411	41,461	38,705	38,137	43,010	42,656	42,959	43,607	38,168	38,313	35,812	34,696	35,543	36,358	35,765	36,487	35,565	35,144	35,512	34,690	35,326	35,393	39,104	39,064	38,036	38,107	38,856	38,327	38,278	37,987	36,053	36,128	36,338	35,471	33,860	32,151	29,960	29,187	29,007	28,871	28,887	28,005	27,965	27,371	0	0	0
Interest credited to policyholder account balances
4,583	6,464	5,462	5,296	5,205	4,013	5,053	5,057	4,925	5,607	4,887	5,093	5,301	5,176	4,845	3,948	3,746	4,415	4,671	5,841	6,252	5,726	7,138	6,921	7,058	8,179	8,084	8,586	7,762	7,729	7,180	5,816	6,236	5,603	5,569	6,095	5,701	4,919	4,644	4,638	4,819	4,845	4,784	4,722	0	0	0
Policyholder dividends
1,203	1,211	1,216	1,247	1,254	1,251	1,239	1,214	1,218	1,231	1,207	1,207	1,218	1,223	1,273	1,325	1,332	1,356	1,330	1,323	1,389	1,353	1,352	1,317	1,249	1,259	1,273	1,316	1,339	1,369	1,366	1,395	1,417	1,446	1,459	1,466	1,480	1,485	1,508	1,556	1,602	1,649	1,745	1,752	0	0	0
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other expenses
13,737	13,689	13,453	13,479	13,574	13,714	14,071	13,920	13,718	13,621	12,964	12,862	12,825	13,749	12,766	14,083	14,909	14,777	14,681	14,366	14,516	14,619	17,065	16,824	16,627	16,602	16,554	16,822	17,572	17,755	17,891	18,844	18,768	18,537	17,584	15,375	14,085	12,927	12,515	12,069	10,691	10,761	19,348	27,633	0	0	0
Total expenses
60,934	62,825	58,836	58,159	63,043	61,634	63,322	63,798	58,029	58,772	54,870	53,858	54,887	56,506	54,649	55,843	55,552	55,692	56,194	56,220	57,483	57,091	64,659	64,126	62,970	64,147	64,767	66,919	66,819	66,708	64,358	62,183	62,759	61,057	58,472	55,087	51,226	48,518	47,674	47,134	45,999	45,260	0	0	0	-	-
Income (loss) before provision for income tax
10,694	6,795	9,303	7,591	6,395	6,307	4,797	4,203	4,120	3,536	2,875	3,549	2,431	4,281	3,297	4,301	5,514	5,651	6,490	7,279	8,116	6,883	7,996	6,020	4,631	4,052	2,307	321	3,098	1,442	3,193	9,318	7,490	9,184	7,706	2,976	3,829	3,729	3,830	2,270	-2,468	-4,615	-2,933	-537	0	0	0
Provision for income tax expense (benefit)
1,769	886	1,920	1,483	1,139	1,179	-584	-1,146	-1,191	-1,470	-63	470	94	693	375	1,205	1,413	1,590	1,875	1,768	2,348	1,936	2,269	1,414	893	661	-274	-330	655	128	1,021	2,747	2,157	2,793	2,341	736	1,115	1,110	1,029	410	-1,373	-2,106	-1,355	-462	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	5,006	3,715	0	0	-	0	-	-	-	-	-	-	4,947	5,727	4,606	3,738	3,391	2,581	651	2,443	1,314	2,172	6,571	5,333	6,391	5,365	2,240	2,714	2,619	2,801	1,860	-1,095	-2,509	-1,578	-75	0	0	0
Income (loss) from discontinued operations, net of income tax
-	-	-	-	-	-	-	-	-	-986	-1,437	0	0	-	0	-	-	-	-	-	-	1,389	-2	0	2	2	32	30	31	48	42	50	78	24	24	19	-1	44	44	40	30	62	-367	-249	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
8,925	5,909	7,383	6,108	5,256	5,128	5,381	4,381	4,401	4,020	-331	327	-473	854	3,795	4,420	5,425	5,385	6,007	6,903	7,160	6,336	5,725	4,606	3,740	3,393	2,613	681	2,474	1,362	2,214	6,621	5,411	6,415	5,389	2,259	2,713	2,663	2,845	1,900	-1,065	-2,447	-1,945	-324	0	0	0
Less: Net income (loss) attributable to noncontrolling interests
9	10	10	7	5	5	8	11	11	10	14	4	5	4	10	9	9	12	10	15	21	27	29	32	30	25	90	84	68	38	-49	-40	-25	-8	25	15	-2	4	46	45	39	36	-9	46	0	0	0
Net income (loss) attributable to MetLife, Inc.
8,916	5,899	7,373	6,101	5,251	5,123	5,373	4,370	4,390	4,010	-345	323	-478	850	3,785	4,411	5,416	5,373	5,997	6,888	7,139	6,309	5,696	4,574	3,710	3,368	2,587	661	2,454	1,324	2,187	6,597	5,402	6,423	5,392	2,252	2,709	2,667	2,863	1,927	-1,032	-2,411	-1,936	-370	0	0	0
Less: Preferred stock dividends
178	178	178	178	167	141	129	103	103	103	103	103	103	103	107	107	92	116	98	122	122	122	122	122	122	122	122	122	122	122	122	122	122	122	122	122	122	122	122	122	122	122	121	122	0	0	0
Preferred stock repurchase premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	146	146	146	146	0	0	0	0	-	-	-	-	-	-
Net income (loss) available to MetLife, Inc.’s common shareholders
8,738	5,721	7,195	5,923	5,084	4,982	5,244	4,267	4,287	3,907	-448	220	-581	747	3,678	4,304	5,282	5,215	5,857	6,724	7,017	6,187	5,574	4,452	3,588	3,246	2,465	539	2,332	1,202	2,065	6,475	5,280	6,155	5,124	1,984	2,441	2,545	2,741	1,805	-1,154	-2,533	-2,057	-492	0	0	0
Comprehensive income (loss)
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	-	-	-	-	-	-	-	-	-	-
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax
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	-	-	-	-	-	-	-	-	-	-
Comprehensive income (loss) attributable to MetLife, Inc.
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	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders per common share:
Basic
-	-	-	-	-	-	-	-	-	2.12	0.82	0.76	0.87	-	0.93	-	-	-	-	-	-	0.09	1.83	1.18	1.15	0.79	0.85	0.43	0.87	0.04	-0.92	2.13	-0.17	0.89	3.22	0.98	0.70	-0.31	0.33	1.84	0.97	0.12	-0.79	-1.74	-0.76	1.43	1.19
Diluted
-	-	-	-	-	-	-	-	-	2.11	0.81	0.75	0.86	-	0.92	-	-	-	-	-	-	0.08	1.81	1.17	1.14	0.77	0.84	0.43	0.87	0.05	-0.92	2.12	-0.17	0.87	3.20	0.97	0.70	-0.30	0.32	1.83	0.96	0.12	-0.79	-1.74	-0.76	1.42	1.18
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:
Basic
4.78	0.60	2.31	1.78	1.41	2.03	0.89	0.83	1.20	2.13	-0.09	0.81	0.80	-1.89	0.52	0.06	1.99	0.78	1.07	0.93	1.89	1.32	1.83	1.18	1.15	0.79	0.85	0.43	0.87	0.07	-0.92	2.13	-0.16	0.91	3.23	1.01	0.66	-0.28	0.33	1.85	0.98	0.15	-0.79	-1.74	-0.71	0.84	1.28
Diluted
4.75	0.59	2.30	1.77	1.40	2.01	0.88	0.83	1.19	2.12	-0.09	0.80	0.79	-1.88	0.51	0.06	1.98	0.77	1.06	0.92	1.87	1.30	1.81	1.17	1.14	0.77	0.84	0.43	0.87	0.08	-0.92	2.12	-0.16	0.89	3.21	1.00	0.66	-0.27	0.32	1.84	0.97	0.15	-0.79	-1.74	-0.71	0.83	1.26
Cash dividends declared per common share
-	-	-	-	-	-	-	-	-	-	-	0.40	0.40	-	0.40	0.40	0.37	0.37	0.37	0.37	0.35	0.35	0.35	0.35	0.27	0.27	0.00	0.55	0.18	0.74	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-