MetLife 2011 Annual Report Download - page 170

MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Fixed Maturity Securities:
U.S.
Corporate
Securities
Foreign
Corporate
Securities
Foreign
Government
Securities RMBS
U.S.
Treasury
and Agency
Securities CMBS
State and
Political
Subdivision
Securities ABS
Other
Fixed
Maturity
Securities
(In millions)
Year Ended December 31, 2009:
Balance, January 1, ...................... $7,498 $ 5,906 $386 $1,655 $ 88 $260 $123 $1,383 $ 40
Total realized/unrealized gains (losses)
included in:
Earnings:(1), (2)
Net investment income ............... 15 (4) 12 36 — 1 — 2 1
Net investment gains (losses) .......... (444) (326) (52) (27) — (37) — (101) —
Net derivative gains (losses) ............ — — — — — — — — —
Other revenues ..................... — — — — — — — — —
Policyholder benefits and claims ........ — — — — — — — — —
Other expenses ..................... — — — — — — — — —
Other comprehensive income (loss) ....... 940 1,515 53 210 (1) 53 7 473 —
Purchases, sales, issuances and settlements(3) (1,359) (519) 12 1,126 (29) (44) (19) (139) (35)
Transfers into and/or out of level 3(4) ........ 44 (1,328) (33) (116) (21) (94) (42) 41 —
Balance, December 31, .................. $6,694 $ 5,244 $378 $2,884 $ 37 $139 $ 69 $1,659 $ 6
Changes in unrealized gains (losses) relating to
assets and liabilities still held at
December 31, 2009 included in earnings:
Net investment income ............... $ 18 $ (3) $ 11 $ 36 $ — $ 1 $ — $ 2 $ 1
Net investment gains (losses) .......... $ (412) $ (176) $ — $ (82) $ — $ (61) $ — $ (48) $ —
Net derivative gains (losses) ............ $ — $ — $ — $ — $ — $ — $ — $ — $—
Other revenues ..................... $ — $ — $ — $ — $— $ — $ — $ — $ —
Policyholder benefits and claims ........ $ — $ — $ — $ — $ — $ — $ — $ — $—
Other expenses ..................... $ — $ — $ — $ — $ — $ — $ — $ — $—
166 MetLife, Inc.