MetLife 2011 Annual Report Download - page 165
Download and view the complete annual report
Please find page 165 of the 2011 MetLife annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155 -
156 -
157 -
158 -
159 -
160 -
161 -
162 -
163 -
164 -
165 -
166 -
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
 |
 |
MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Equity Securities: Trading and Other Securities:
Common
Stock
Non-
redeemable
Preferred
Stock
Actively
Traded
Securities
FVO
General
Account
Securities
FVO
Contractholder-
directed
Unit-linked
Investments Short-term
Investments
Residential
Mortgage
Loans Held-
for-sale
Securitized
Reverse
Residential
Mortgage
Loans
(In millions)
Year Ended December 31, 2011:
Balance, January 1, ..................... $268 $ 905 $10 $ 77 $ 735 $ 858 $ 24 $ —
Total realized/unrealized gains (losses) included
in:
Earnings:(1), (2)
Net investment income ............... — — — (7) 5 3 — —
Net investment gains (losses) .......... 14 (71) — — — (2) — —
Net derivative gains (losses) ........... — — — — — — — —
Other revenues ..................... — — — — — — 5 —
Policyholder benefits and claims ........ — — — — — — — —
Other expenses ..................... — — — — — — — —
Other comprehensive income (loss) ....... 5 5 — — — 2 — —
Purchases(3) ........................... 106 3 — — 1,246 600 3 —
Sales(3) ............................... (46) (416) (8) (33) (478) (870) — —
Issuances(3) ........................... — — — — — — 175 1,186
Settlements(3) .......................... — — — — — — (87) —
Transfers into Level 3(4) .................. — 12 — — 121 — 109 —
Transfers out of Level 3(4) ................. (66) — (2) (14) (243) (1) (1) —
Balance, December 31, .................. $281 $ 438 $ — $ 23 $1,386 $ 590 $228 $1,186
Changes in unrealized gains (losses) relating to
assets and liabilities still held at
December 31, 2011 included in earnings:
Net investment income ............... $ — $ — $— $ (8) $ (4) $ — $ — $ —
Net investment gains (losses) .......... $ (6) $ (19) $ — $ — $ — $ (1) $ — $ —
Net derivative gains (losses) ........... $ — $ — $— $ — $ — $ — $ — $ —
Other revenues ..................... $ — $ — $— $— $ — $ — $ 5 $ —
Policyholder benefits and claims ........ $ — $ — $— $ — $ — $ — $ — $ —
Other expenses ..................... $ — $ — $— $ — $ — $ — $ — $ —
MetLife, Inc. 161