MetLife 2005 Annual Report Download - page 66

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METLIFE, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2005, 2004 AND 2003
(In millions)
Accumulated Other
Comprehensive Income (Loss)
Net Foreign Minimum
Additional Treasury Unrealized Currency Pension
Preferred Common Paid-In Retained Stock at Investment Translation Liability
Stock Stock Capital Earnings Cost Gains (Losses) Adjustment Adjustment Total
Balance at January 1, 2003 ************************ $— $8 $14,968 $ 2,807 $(2,405) $ 2,282 $(229) $ (46) $17,385
Treasury stock transactions, net ********************* 20 (92) (72)
Issuance of shares — by subsidiary ****************** 24 24
Dividends on common stock************************ (175) (175)
Settlement of common stock purchase contracts ****** (656) 1,662 1,006
Premium on conversion of company-obligated
mandatorily redeemable securities of a subsidiary trust (21) (21)
Comprehensive income (loss):
Net income ************************************ 2,217 2,217
Other comprehensive income (loss):
Unrealized gains (losses) on derivative instruments,
net of income taxes ************************* (250) (250)
Unrealized investment gains (losses), net of related
offsets and income taxes********************* 940 940
Foreign currency translation adjustments ********** 177 177
Minimum pension liability adjustment ************* (82) (82)
Other comprehensive income (loss) ************** 785
Comprehensive income (loss) ********************* 3,002
Balance at December 31, 2003 ********************* — 8 14,991 4,193 (835) 2,972 (52) (128) 21,149
Treasury stock transactions, net ********************* 46 (950) (904)
Dividends on common stock************************ (343) (343)
Comprehensive income (loss):
Net income ************************************ 2,758 2,758
Other comprehensive income (loss):
Unrealized gains (losses) on derivative instruments,
net of income taxes ************************* (62) (62)
Unrealized investment gains (losses), net of related
offsets and income taxes********************* (6) (6)
Cumulative effect of a change in accounting, net of
income taxes******************************* 90 90
Foreign currency translation adjustments ********** 144 144
Minimum pension liability adjustment ************* (2) (2)
Other comprehensive income (loss) ************** 164
Comprehensive income (loss) ********************* 2,922
Balance at December 31, 2004 ********************* — 8 15,037 6,608 (1,785) 2,994 92 (130) 22,824
Treasury stock transactions, net ********************* 58 99 157
Common stock issued in connection with acquisition *** 283 727 1,010
Issuance of preferred stock************************* 1 2,042 2,043
Issuance of stock purchase contracts related to
common equity units **************************** (146) (146)
Dividends on preferred stock *********************** (63) (63)
Dividends on common stock************************ (394) (394)
Comprehensive income (loss):
Net income ************************************ 4,714 4,714
Other comprehensive income (loss):
Unrealized gains (losses) on derivative instruments,
net of income taxes ************************* 233 233
Unrealized investment gains (losses), net of related
offsets and income taxes********************* (1,285) (1,285)
Foreign currency translation adjustments, net of
income taxes******************************* (81) (81)
Minimum pension liability adjustment, net of income
taxes ************************************* 89 89
Other comprehensive income (loss) ************** (1,044)
Comprehensive income (loss) ********************* 3,670
Balance at December 31, 2005 ********************* $ 1 $8 $17,274 $10,865 $ (959) $ 1,942 $ 11 $ (41) $29,101
See accompanying notes to consolidated financial statements.
MetLife, Inc.
F-4