MetLife 2009 Annual Report Download - page 158

Net
Investment
Income
Net
Investment
Gains
(Losses) Other Revenues
Policyholder
Benefits and
Claims Other Expenses Total
Classification of Realized/Unrealized Gains
(Losses) included in Earnings
Total G ain s and Los ses
(In millions)
For the Year Ended December 31, 2008:
Fixed maturity securities:
U.S.corporatesecurities........................ $ 15 $ (711) $ — $ — $— $ (696)
RMBS.................................... 3 1 — — — 4
Foreigncorporatesecurities...................... 123 (135) — — — (12)
U.S. Treasury, agency and government guaranteed
securities ................................ — — — — — —
CMBS.................................... 4 (76) — — — (72)
ABS ..................................... 4 (129) — — — (125)
Foreigngovernmentsecurities .................... 27 (8) — — — 19
Stateandpoliticalsubdivisionsecurities.............. (1) 1 — — — —
Otherfixedmaturitysecurities..................... 1 — — — — 1
Totalfixedmaturitysecurities.................... $176 $(1,057) $ — $ — $— $ (881)
Equity securities:
Commonstock .............................. $ — $ (2) $ — $ — $— $ (2)
Non-redeemablepreferredstock................... — (195) — — — (195)
Totalequitysecurities......................... $ — $ (197) $ — $ — $— $ (197)
Tradingsecurities.............................. $(26) $ — $ — $ — $— $ (26)
Short-terminvestments .......................... $ 1 $ (1) $ — $ — $— $ —
Mortgageloans ............................... $ — $ — $ 4 $ — $— $ 4
Netderivatives................................ $103 $1,587 $ 39 $ — $— $1,729
Mortgage servicing rights . . . . . . . . . . . . . . . . . . . . . . . . . $ — $ — $(149) $ — $— $ (149)
Netembeddedderivatives ........................ $ — $(2,682) $ — $182 $— $(2,500)
The table below summarizes the portion of unrealized gains and losses recorded in earnings for the years ended December 31, 2009 and
2008 for Level 3 assets and liabilities that were still held at December 31, 2009 and 2008, respectively.
Net
Investment
Income
Net
Investment
Gains
(Losses) Other Revenues
Policyholder
Benefits and
Claims Other Expenses Total
Changes in Unrealized Gains (Losses)
Relating to Assets and Liabilities Held at December 31, 2009
(In millions)
For the Year Ended December 31, 2009:
Fixed maturity securities:
U.S.corporatesecurities ........................ $18 $ (412) $ — $ — $ — $ (394)
RMBS .................................... 30 6 — — — 36
Foreigncorporatesecurities ...................... (3) (176) — — — (179)
U.S. Treasury, agency and government guaranteed
securities................................. — — — — — —
CMBS .................................... 1 (61) — — — (60)
ABS...................................... 8 (136) — — — (128)
Foreigngovernmentsecurities..................... 11 — — — — 11
Stateandpoliticalsubdivisionsecurities .............. — — — — — —
Otherfixedmaturitysecurities..................... 1 — — — — 1
Totalfixedmaturitysecurities .................... $66 $ (779) $ — $ — $ — $ (713)
Equity securities:
Commonstock............................... $— $ (1) $ — $ — $ — $ (1)
Non-redeemablepreferredstock ................... — (168) — — — (168)
Totalequitysecurities......................... $— $ (169) $ — $ — $ — $ (169)
F-74 MetLife, Inc.
MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)