MetLife 2009 Annual Report Download - page 155

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A rollforward of all assets and liabilities measured at estimated fair value on a recurring basis using significant unobservable (Level 3) inputs
for the years ended December 31, 2009 and 2008 is as follows:
Balance,
December 31, 2007 Impact of
Adoption(2) Balance,
January 1, Earnings(3), (4)
Other
Comprehensive
Income (Loss)
Purchases,
Sales,
Issuances and
Settlements(5)
Transfer In
and/or Out
of Level 3 (6) Balance,
December 31,
Tota l Realized/Unrealized
Gains (Losses) included in:
Fair Value Measurements Using Significant Unobservable Inputs (Level 3) (1)
(In millions)
For the Year Ended December 31, 2009:
Fixed maturity securities:
U.S.corporatesecurities.......... $7,498 $ (429) $ 939 $(1,358) $ 44 $ 6,694
RMBS...................... 595 31 105 1,199 (90) 1,840
Foreigncorporatesecurities ........ 5,944 (330) 1,517 (511) (1,328) 5,292
U.S. Treasury, agency and government
guaranteedsecurities........... 88 (1) (29) (21) 37
CMBS ..................... 260 (36) 53 (44) (94) 139
ABS....................... 2,452 (121) 578 (212) 15 2,712
Foreigngovernmentsecurities....... 408 (40) 54 6 (27) 401
State and political subdivision securities . . . . . 123 7 (19) (42) 69
Otherfixedmaturitysecurities ....... 40 1 (35) 6
Total fixed maturity securities . . . . . . $17,408 $ (924) $ 3,252 $(1,003) $(1,543) $17,190
Equity securities:
Commonstock................ $ 105 $ (2) $ 6 $ 23 $ 4 $ 136
Non-redeemable preferred stock . . . . . 1,274 (357) 486 (254) (45) 1,104
Totalequitysecurities........... $1,379 $ (359) $ 492 $ (231) $ (41) $ 1,240
Tradingsecurities................ $ 175 $ 16 $ — $ (108) $ — $ 83
Short-terminvestments ............ $ 100 $ (21) $ $ (51) $ (5) $ 23
Mortgageloans ................. $ 177 $ (3) $ $ 2 $ (151) $ 25
Netderivatives(7)................ $2,547 $ (273) $ (11) $ 97 $(2,004) $ 356
Mortgageservicingrights(8),(9) ....... $ 191 $ 172 $ $ 515 $ $ 878
Separateaccountassets(10)......... $ 1,758 $ (213) $ $ 485 $ (135) $1,895
Netembeddedderivatives(11) ........ $(2,929) $1,602 $ 15 $ (143) $ $(1,455)
F-71
MetLife, Inc.
MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)