MetLife 2010 Annual Report Download - page 95

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MetLife, Inc.
Consolidated Statements of Equity — (Continued)
For the Year Ended December 31, 2008
(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
MetLife, Inc.’s
Stockholders’
Equity Discontinued
Operations Continuing
Operations Tot al
Equity
Accumulated Other
Comprehensive Income (Loss)
Noncontrolling Interests
Balance at December 31, 2007 . . . . . . . . . . . $1 $8 $17,098 $19,884 $(2,890) $ 971 $ 347 $ (240) $ 35,179 $ 1,534 $272 $ 36,985
Cumulative effect of changes in accounting
principles, net of income tax (Note 1) . . . . . . 27 (10) 17 17
Balance at January 1, 2008 . . . . . . . . . . . . . . 1 8 17,098 19,911 (2,890) 961 347 (240) 35,196 1,534 272 37,002
Common stock issuance — newly issued
shares .......................... 290 290 290
Treasury stock transactions:
Acquired in connection with share repurchase
agreements...................... 450 (1,250) (800) (800)
Issued in connection with common stock
issuance ....................... (2,104) 4,040 1,936 1,936
Issued to settle stock forward contracts . . . . . (29) 1,064 1,035 1,035
Acquired in connection with split-off of
subsidiary....................... (1,318) (1,318) (1,318)
Other,net ........................ (35) 118 83 83
Deferral of stock-based compensation . . . . . . . 141 141 141
Dividendsonpreferredstock ............. (125) (125) (125)
Dividendsoncommonstock ............. (592) (592) (592)
Dividendsonsubsidiarycommonstock ...... 34 34
Change in equity of noncontrolling interests . . . . (1,409) (6) (1,415)
Comprehensive income (loss):
Netincome(loss) ................... 3,209 3,209 94 (25) 3,278
Other comprehensive income (loss):
Unrealized gains (losses) on derivative
instruments,netofincometax........ 241 241 241
Unrealized investment gains (losses), net of
related offsets and income tax . . . . . . . . (13,766) (13,766) (150) 10 (13,906)
Foreign currency translation adjustments,
netofincometax................. (593) (593) (107) (700)
Defined benefit plans adjustment, net of
incometax..................... (1,203) (1,203) 4 (1,199)
Othercomprehensiveincome(loss) ...... (15,321) (253) 10 (15,564)
Comprehensiveincome(loss) ........... (12,112) (159) (15) (12,286)
Balance at December 31, 2008 . . . . . . . . . . . $1 $8 $15,811 $22,403 $ (236) $(12,564) $(246) $(1,443) $ 23,734 $ — $251 $ 23,985
See accompanying notes to the consolidated financial statements.
F-6 MetLife, Inc.