MetLife 2011 Annual Report Download - page 94
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MetLife, Inc.
Consolidated Statements of Equity
For the Year Ended December 31, 2011
(In millions)
Accumulated Other Comprehensive Income (Loss)
Preferred
Stock
Convertible
Preferred
Stock Common
Stock
Additional
Paid-in
Capital Retained
Earnings
Treasury
Stock
at Cost
Net
Unrealized
Investment
Gains (Losses)
Other-Than-
Temporary
Impairments
Foreign
Currency
Translation
Adjustments
Defined
Benefit
Plans
Adjustment
Total
MetLife, Inc.’s
Stockholders’
Equity Noncontrolling
Interests (1) Total
Equity
Balance at December 31, 2010 ....... $1 $— $10 $26,423 $21,363 $(172) $3,356 $(366) $(541) $(1,449) $48,625 $371 $48,996
Redemption of convertible preferred
stock .......................... — (2,805) (2,805) (2,805)
Preferred stock redemption premium .... (146) (146) (146)
Common stock issuance — newly issued
shares ......................... 1 2,949 2,950 2,950
Stock-based compensation ........... 215 215 215
Dividends on preferred stock .......... (122) (122) (122)
Dividends on common stock .......... (787) (787) (787)
Change in equity of noncontrolling
interests ........................ 38 38
Comprehensive income (loss): .........
Net income (loss) ................. 6,981 6,981 3 6,984
Other comprehensive income (loss):
Unrealized gains (losses) on
derivative instruments, net of
income tax .................. 1,022 1,022 1,022
Unrealized investment gains (losses),
net of related offsets and income
tax......................... 4,542 (75) 4,467 (5) 4,462
Foreign currency translation
adjustments, net of income tax . . . (109) (109) (33) (142)
Defined benefit plans adjustment,
net of income tax ............. (494) (494) (494)
Other comprehensive income
(loss) ....................... 4,886 (38) 4,848
Comprehensive income (loss) ....... 11,867 (35) 11,832
Balance at December 31, 2011 ....... $1 $— $11 $26,782 $27,289 $(172) $8,920 $(441) $(650) $(1,943) $59,797 $374 $60,171
(1) Net income (loss) attributable to noncontrolling interests excludes gains (losses) of redeemable noncontrolling interests in partially owned consolidated subsidiaries of ($13) million.
See accompanying notes to the consolidated financial statements.
90 MetLife, Inc.