MetLife 2011 Annual Report Download - page 214

MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)
December 31, 2010
Pension Benefits Other Postretirement Benefits
Fair Value Measurements at
Reporting Date Using
Total
Estimated
Fair
Value
Fair Value Measurements at
Reporting Date Using
Total
Estimated
Fair
Value
Quoted
Prices
in Active
Markets
for
Identical
Assets and
Liabilities
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Quoted
Prices
in Active
Markets
for
Identical
Assets and
Liabilities
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
(In millions)
Assets:
Fixed maturity securities:
Corporate ........................................... $ — $1,528 $ 49 $1,577 $ — $ 67 $ 4 $ 71
Federal agencies ..................................... — 175 — 175 — 15 — 15
Foreign bonds ....................................... — 143 4 147 — 4 — 4
Municipals .......................................... — 137 — 137 — 37 1 38
Preferred stocks ...................................... — 4 — 4 — — — —
U.S. government bonds ................................ 650 136 — 786 82 — — 82
Total fixed maturity securities .......................... 650 2,123 53 2,826 82 123 5 210
Equity securities:
Common stock — domestic ............................ 1,406 93 240 1,739 359 3 — 362
Common stock — foreign .............................. 461 — — 461 77 — — 77
Total equity securities ................................ 1,867 93 240 2,200 436 3 — 439
Money market securities ................................. 200 90 — 290 1 1 — 2
Pass-through securities .................................. — 321 2 323 — 73 6 79
Derivative securities ..................................... 3 (5) — (2) — — — —
Short-term investments .................................. (11) 101 — 90 8 443 — 451
Other invested assets ................................... — 63 471 534 — — — —
Other receivables ....................................... — 39 — 39 — 3 — 3
Securities receivable .................................... — 70 — 70 — 2 — 2
Total assets ..................................... $2,709 $2,895 $766 $6,370 $527 $648 $11 $1,186
Liabilities:
Securities payable ...................................... $ — $ 60 $ — $ 60 $ — $ 1 $— $ 1
Total liabilities .................................... $ — $ 60 $ — $ 60 $ — $ 1 $— $ 1
Total assets and liabilities ......................... $2,709 $2,835 $766 $6,310 $527 $647 $11 $1,185
210 MetLife, Inc.