MetLife 2011 Annual Report Download - page 171

MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Equity Securities:
Trading
and Other
Securities Short-term Investments
Residential
Mortgage
Loans
Held- for-
sale MSRs(5),(6)
Common
Stock
Non-
redeemable
Preferred
Stock
(In millions)
Year Ended December 31, 2009:
Balance, January 1, ............................................. $105 $1,274 $ 175 $100 $ 177 $191
Total realized/unrealized gains (losses) included in:
Earnings:(1), (2)
Net investment income ....................................... — — 16 — — —
Net investment gains (losses) .................................. (2) (357) — (21) — —
Net derivative gains (losses) ................................... — — — — — —
Other revenues ............................................. — — — — (3) 172
Policyholder benefits claims ................................... — — — — — —
Other expenses ............................................ — — — — — —
Other comprehensive income (loss) ............................. 6 486 — — — —
Purchases, sales, issuances and settlements(3) ....................... 23 (256) (108) (51) 2 515
Transfers into and/or out of level 3(4) ................................ 4 (45) — (5) (151) —
Balance, December 31, .......................................... $136 $1,102 $ 83 $ 23 $ 25 $878
Changes in unrealized gains (losses) relating to assets and liabilities still held
at December 31, 2009 included in earnings:
Net investment income ....................................... $ — $ — $ 15 $ — $ — $ —
Net investment gains (losses) .................................. $ (1) $ (168) $ — $ 1 $ — $ —
Net derivative gains (losses) ................................... $ — $ — $ — $ — $ — $ —
Other revenues ............................................. $ — $ — $ — $ — $ (3) $147
Policyholder benefits and claims ............................... $ — $ — $ — $ — $ — $ —
Other expenses ............................................ $ — $ — $ — $ — $ — $ —
MetLife, Inc. 167