MetLife 2006 Annual Report Download - page 87

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METLIFE, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2006, 2005 AND 2004
(In millions)
Preferred
Stock Common
Stock
Additional
Paid-in
Capital Retained
Earnings
Treasury
Stock
at Cost
Net
Unrealized
Investment
Gains (Losses)
Foreign
Currency
Translation
Adjustment
Defined
Benefit
Plans
Adjustment Total
Accumulated Other Comprehensive
Income
BalanceatJanuary1,2004 .............. $— $8 $14,991 $ 4,193 $ (835) $2,972 $(52) $(128) $21,149
Treasurystocktransactions,net ........... 46 (950) (904)
Dividendsoncommonstock.............. (343) (343)
Comprehensive income (loss):
Netincome....................... 2,758 2,758
Other comprehensive income:
Unrealized gains (losses) on derivative
instruments,netofincometax ........ (62) (62)
Unrealized investment gains (losses), net of
relatedoffsetsandincometax ........ (6) (6)
Cumulative effect of a change in accounting,
netofincometax................. 90 90
Foreign currency translation adjustments, net
ofincometax................... 144 144
Additional minimum pension liability
adjustment,netofincometax......... (2) (2)
Othercomprehensiveincome............. 164
Comprehensive income . . . ............ 2,922
Balance at December 31, 2004 ............ — 8 15,037 6,608 (1,785) 2,994 92 (130) 22,824
Treasurystocktransactions,net ........... 58 99 157
Common stock issued in connection with
acquisition........................ 283 727 1,010
Issuanceofpreferredstock .............. 1 2,042 2,043
Issuance of stock purchase contracts related to
commonequityunits ................. (146) (146)
Dividendsonpreferredstock ............. (63) (63)
Dividendsoncommonstock.............. (394) (394)
Comprehensive income:
Netincome....................... 4,714 4,714
Other comprehensive income:
Unrealized gains (losses) on derivative
instruments,netofincometax ........ 233 233
Unrealized investment gains (losses), net of
relatedoffsetsandincometax ........ (1,285) (1,285)
Foreign currency translation adjustments, net
ofincometax................... (81) (81)
Additional minimum pension liability
adjustment,netofincometax......... 89 89
Othercomprehensiveincome............. (1,044)
Comprehensive income . . . ............ 3,670
Balance at December 31, 2005 ............ 1 8 17,274 10,865 (959) 1,942 11 (41) 29,101
Treasurystocktransactions,net ........... 180 (398) (218)
Dividendsonpreferredstock ............. (134) (134)
Dividendsoncommonstock.............. (450) (450)
Comprehensive income:
Netincome....................... 6,293 6,293
Other comprehensive income:
Unrealized gains (losses) on derivative
instruments,netofincometax ........ (43) (43)
Unrealized investment gains (losses), net of
relatedoffsetsandincometax ........ (35) (35)
Foreign currency translation adjustments, net
ofincometax................... 46 46
Additional minimum pension liability
adjustment,netofincometax......... (18) (18)
Other comprehensive income .......... (50)
Comprehensive income . . . ............ 6,243
Adoption of SFAS 158, net of income tax . . . . (744) (744)
Balance at December 31, 2006 ............ $1 $8 $17,454 $16,574$(1,357) $1,864 $ 57 $(803) $33,798
See accompanying notes to consolidated financial statements.
F-4 MetLife, Inc.