MetLife 2007 Annual Report Download - page 100

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MetLife, Inc.
Consolidated Statements of Stockholders’ Equity
For the Years Ended December 31, 2007, 2006 and 2005
(In millions)
Preferred
Stock Common
Stock
Additional
Paid-in
Capital Retained
Earnings
Treasury
Stock
at Cost
Net
Unrealized
Investment
Gains (Losses)
Foreign
Currency
Translation
Adjustments
Defined
Benefit
Plans
Adjustment Total
Accumulated Other
Comprehensive Income
Balance at January 1, 2005 . . . . . . . . . . . . . $— $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 (loss):
Unrealized gains (losses) on derivative
instruments, net of income tax . . . . . . . 233 233
Unrealized investment gains (losses), net of
related offsets and income tax . . . . . . . (1,285) (1,285)
Foreign currency translation adjustments,
netofincometax ............... (81) (81)
Additional minimum pension liability
adjustment,netofincometax........ 89 89
Other comprehensive income (loss). . . . . . . . . (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 (loss):
Unrealized gains (losses) on derivative
instruments, net of income tax . . . . . . . (43) (43)
Unrealized investment gains (losses), net of
related offsets and income tax . . . . . . . (35) (35)
Foreign currency translation adjustments,
netofincometax ............... 46 46
Additional minimum pension liability
adjustment,netofincometax........ (18) (18)
Other comprehensive income (loss). . . . . . . . . (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
Cumulative effect of changes in accounting
principles, net of income tax (Note 1) . . . . . . (329) (329)
Balance at January 1, 2007 . . . . . . . . . . . . . 1 8 17,454 16,245 (1,357) 1,864 57 (803) 33,469
Treasurystocktransactions,net .......... 94 (1,533) (1,439)
Obligation under accelerated common stock
repurchase agreement (Note 18) . . . . . . . . (450) (450)
Dividendsonpreferredstock ............ (137) (137)
Dividendsoncommonstock ............ (541) (541)
Comprehensive income:
Netincome...................... 4,317 4,317
Other comprehensive income (loss):
Unrealized gains (losses) on derivative
instruments, net of income tax . . . . . . . (40) (40)
Unrealized investment gains (losses), net of
related offsets and income tax . . . . . . . (853) (853)
Foreign currency translation adjustments,
netofincometax ............... 290 290
Defined benefit plans adjustment, net of
incometax.................... 563 563
Other comprehensive income (loss) . . . . . (40)
Comprehensive income . . . . . . . . . . . . . . 4,277
Balance at December 31, 2007. . . . . . . . . . . $ 1 $8 $17,098 $19,884 $(2,890) $ 971 $347 $(240) $35,179
See accompanying notes to consolidated financial statements.
F-4 MetLife, Inc.