MetLife 2010 Annual Report Download - page 130

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The changes in net unrealized investment gains (losses) were as follows:
2010 2009 2008
Years Ended December 31,
(In millions)
Balance, beginning of period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(1,330) $(12,564) $ 971
Cumulative effect of change in accounting principles, net of income tax . . . . . . . . . . 52 (76) (10)
Fixed maturity securities on which noncredit OTTI losses have been recognized . . . . . 242 (733)
Unrealizedinvestmentgains(losses)duringtheyear ...................... 9,117 20,745 (25,536)
Unrealizedinvestmentlossesofsubsidiariesatthedateofdisposal ............ 149
Unrealized investment gains (losses) relating to:
Insuranceliabilitygain(loss)recognition ............................. (554) (160) 650
DAC and VOBA related to noncredit OTTI losses recognized in accumulated other
comprehensiveincome(loss) .................................. (33) 61
DACandVOBA............................................. (1,350) (2,880) 3,370
DACandVOBAofsubsidiaryatdateofdisposal ....................... (18)
Policyholderdividendobligation .................................. (876) 789
Deferred income tax benefit (expense) related to noncredit OTTI losses recognized
inaccumulatedothercomprehensiveincome(loss) .................... (73) 235
Deferredincometaxbenefit(expense) .............................. (2,208) (5,969) 6,991
Deferred income tax benefit (expense) of subsidiaries at date of disposal . . . . . . . . (60)
Netunrealizedinvestmentgains(losses) .............................. 2,987 (1,341) (12,704)
Net unrealized investment gains (losses) attributable to noncontrolling interests . . . . . 3 11 (10)
Net unrealized investment gains (losses) attributable to noncontrolling interests of
subsidiaryatdateofdisposal.................................... — 150
Balance, end of period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,990 $ (1,330) $(12,564)
Change in net unrealized investment gains (losses) . . . . . . . . . . . . . . . . . . . . . . . $ 4,317 $ 11,223 $(13,665)
Change in net unrealized investment gains (losses) attributable to noncontrolling
interests ................................................. 3 11 (10)
Change in net unrealized investment gains (losses) attributable to noncontrolling
interestsofsubsidiaryatdateofdisposal ............................ 150
Change in net unrealized investment gains (losses) attributable to MetLife, Inc. . . . . . $ 4,320 $ 11,234 $(13,525)
F-41MetLife, Inc.
MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)