MetLife 2011 Annual Report Download - page 180

MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)
Information regarding DAC and VOBA by segment was as follows:
DAC VOBA Total
December 31,
2011 2010 2011 2010 2011 2010
(In millions)
U.S. Business:
Insurance Products ........................... $ 8,228 $ 8,247 $ 381 $ 833 $ 8,609 $ 9,080
Retirement Products .......................... 4,659 4,706 830 1,094 5,489 5,800
Corporate Benefit Funding ..................... 101 74 3 1 104 75
Auto & Home ................................ 194 190 — — 194 190
Total U.S. Business ......................... 13,182 13,217 1,214 1,928 14,396 15,145
International:
Japan ..................................... 1,989 135 6,509 6,853 8,498 6,988
Other International Regions ..................... 3,420 2,650 1,655 2,306 5,075 4,956
Total International ........................... 5,409 2,785 8,164 9,159 13,573 11,944
Corporate & Other .............................. 1 2 1123
Total .................................... $18,592 $16,004 $9,379 $11,088 $27,971 $27,092
7. Goodwill
Goodwill is the excess of cost over the estimated fair value of net assets acquired. Information regarding goodwill was as follows:
December 31,
2011 2010 2009
(In millions)
Balance at January 1, .......................................................... $11,781 $ 5,047 $5,008
Acquisitions .................................................................. 39 6,959 —
Impairments(1) ................................................................ (65) — —
Effect of foreign currency translation and other ....................................... 180 (225) 39
Balance at December 31, ....................................................... $11,935 $11,781 $5,047
(1) At December 31, 2011, the Company’s accumulated goodwill impairment loss was $65 million.
Information regarding allocated goodwill by segment and reporting unit was as follows:
December 31,
2011 2010
(In millions)
U.S. Business:
Insurance Products:
Group life .......................................................................... $ 2 $ 2
Individual life ........................................................................ 1,263 1,263
Non-medical health ................................................................... 149 149
Total Insurance Products ............................................................. 1,414 1,414
Retirement Products .................................................................... 1,692 1,692
Corporate Benefit Funding ............................................................... 900 900
Auto & Home ......................................................................... 157 157
Total U.S. Business ................................................................. 4,163 4,163
International:
Japan ............................................................................... 5,371 —
Other International Regions: ..............................................................
Latin America ....................................................................... 501 229
Asia Pacific ......................................................................... 72 72
Europe ............................................................................ 938 38
Middle East ......................................................................... 485 —
Total International .................................................................. 7,367 339
Corporate & Other ....................................................................... 405 470
Total .......................................................................... $11,935 $4,972
176 MetLife, Inc.