MetLife 2000 Annual Report Download - page 5

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At December 31,
2000 1999 1998 1997 1996
(Dollars in millions)
Balance Sheet Data
General account assets(4)************************************************** $184,768 $160,291 $157,278 $154,444 $145,877
Separate account assets*************************************************** 70,250 64,941 58,068 48,338 43,399
Total assets ************************************************************** $255,018 $225,232 $215,346 $202,782 $189,276
Liabilities:
Life and health policyholder
liabilities(10) ********************************************************** $140,896 $122,637 $122,726 $125,849 $121,333
Property and casualty policyholder liabilities(10) ****************************** 2,559 2,318 1,477 1,509 1,562
Short-term debt ******************************************************** 1,094 4,208 3,585 4,587 3,311
Long-term debt********************************************************* 2,426 2,514 2,903 2,884 1,946
Separate account liabilities *********************************************** 70,250 64,941 58,068 48,338 43,399
Other liabilities(4) ******************************************************** 20,314 14,924 11,720 5,608 5,742
Total liabilities************************************************************* 237,539 211,542 200,479 188,775 177,293
Company-obligated mandatorily redeemable securities of subsidiary trusts********** 1,090 ————
Stockholders’ Equity:
Common Stock, at par value ********************************************* 8————
Additional paid-in capital(11) ********************************************** 14,926 ————
Retained earnings(11)**************************************************** 1,021 14,100 13,483 12,140 10,937
Treasury stock, at cost*************************************************** (613) ————
Accumulated other comprehensive income (loss)***************************** 1,047 (410) 1,384 1,867 1,046
Total stockholders’ equity*************************************************** 16,389 13,690 14,867 14,007 11,983
Total liabilities and stockholders’ equity *************************************** $255,018 $225,232 $215,346 $202,782 $189,276
At or for the years ended December 31,
2000 1999 1998 1997 1996
(Dollars in millions, except per share data)
Other Data
Operating income(5)(12)******************************************** $ 1,541 $ 990 $ 23 $ 617 $ 818
Adjusted operating income(5)(13) ************************************** $ 1,541 $ 1,307 $ 1,226 $ 807 $ 921
Operating return on equity(14)*************************************** 10.5% 7.2% 0.2% 5.3% 7.8%
Adjusted operating return on equity(15) ******************************* 10.5% 9.5% 9.6% 7.0% 8.8%
Return on equity(16)*********************************************** 6.5% 4.5% 10.5% 10.4% 8.1%
Operating cash flows ********************************************** $ 1,326 $ 3,865 $ 842 $ 2,872 $ 3,688
Total assets under management(17)********************************** $302,181 $373,646 $360,703 $338,731 $297,570
Statutory Data(18)
Premiums and deposits ******************************************** $ 23,536 $ 24,643 $ 22,722 $ 20,569 $ 20,611
Net income ****************************************************** $ 1,027 $ 790 $ 875 $ 589 $ 460
Policyholder surplus *********************************************** $ 7,213 $ 7,630 $ 7,388 $ 7,378 $ 7,151
Asset valuation reserve ******************************************** $ 3,205 $ 3,109 $ 3,323 $ 3,814 $ 2,635
Earnings Per Share Data(19)
Basic earnings per share ******************************************* $ 1.52 N/A N/A N/A N/A
Diluted earnings per share****************************************** $ 1.49 N/A N/A N/A N/A
Adjusted Operating Earnings Per Share Data(20)
Basic earnings per share ******************************************* $ 1.99 N/A N/A N/A N/A
Diluted earnings per share****************************************** $ 1.96 N/A N/A N/A N/A
Dividends Declared Per Share ************************************* $ 0.20 N/A N/A N/A N/A
MetLife, Inc.
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