MetLife 2009 Annual Report Download - page 162
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Information regarding DAC and VOBA by segment and reporting unit is as follows:
2009 2008 2009 2008 2009 2008
December 31,
DAC VOBA Total
(In millions)
U.S. Business:
Insurance Products:
Grouplife........................... $ 27 $ 33 $ — $ 7 $ 27 $ 40
Individual life . . . . . . . . . . . . . . . . . . . . . . . . . 8,129 9,495 1,005 1,122 9,134 10,617
Non-medicalhealth .................... 942 898 — — 942 898
Total Insurance Products . . . . . . . . . . . . . . . 9,098 10,426 1,005 1,129 10,103 11,555
Retirement Products . . . . . . . . . . . . . . . . . . . . . 4,611 3,971 1,412 1,917 6,023 5,888
CorporateBenefitFunding ................. 73 72 2 3 75 75
Auto&Home.......................... 181 183 — — 181 183
Total U.S. Business . . . . . . . . . . . . . . . . . . . 13,963 14,652 2,419 3,049 16,382 17,701
International............................ 2,426 1,998 444 438 2,870 2,436
Banking,Corporate&Other.................. 3 3 1 4 4 7
Total ........................... $16,392 $16,653 $2,864 $3,491 $19,256 $20,144
7. Goodwill
Goodwill is the excess of cost over the estimated fair value of net assets acquired. Information regarding goodwill is as follows:
2009 2008 2007
December 31,
(In millions)
Balanceatbeginningoftheperiod..................................... $5,008 $4,814 $4,801
Acquisitions(1).................................................. — 256 2
Other,net(2) ................................................... 39 (62) 11
Balanceattheendoftheperiod ...................................... $5,047 $5,008 $4,814
(1) See Note 2 for a description of acquisitions and dispositions.
(2) Consisting principally of foreign currency translation adjustments.
F-78 MetLife, Inc.
MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)