MetLife 2012 Annual Report Download - page 162

MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Fixed Maturity Securities:
U.S.
Corporate Foreign Corporate Foreign Government
U.S.
Treasury
and Agency RMBS CMBS ABS
State and
Political
Subdivision Other
(In millions)
Year Ended December 31, 2010:
Balance, January 1, ................$ 6,694 $ 5,244 $ 378 $ 37 $ 2,884 $ 139 $ 1,659 $ 69 $ 6
Total realized/unrealized gains
(losses) included in:
Net income (loss): (1), (2)
Net investment income .......... 22 15 6 — 64 1 9 — 1
Net investment gains (losses) ..... (13) (34) (5) — (59) (6) (40) — —
Net derivative gains (losses) ...... — — — — — — — — —
Other revenues ................ — — — — — — — — —
Policyholder benefits and claims . . . — — — — — — — — —
Other expenses ............... — — — — — — — — —
Other comprehensive income
(loss) ........................ 277 318 (95) 2 305 89 168 (2) 2
Purchases, sales, issuances and
settlements (3) .................. (415) 305 2,965 (6) (445) 684 1,435 9 (5)
Transfers into Level 3 (4) ............. 898 502 40 46 91 132 28 — —
Transfers out of Level 3 (4) ........... (314) (624) (155) — (299) (28) (233) (30) —
Balance, December 31, .............$ 7,149 $ 5,726 $ 3,134 $ 79 $ 2,541 $ 1,011 $ 3,026 $ 46 $ 4
Changes in unrealized gains (losses)
included in net income (loss): (5)
Net investment income ..........$ 13 $ 15 $ 10 $ — $ 63 $ 1 $ 9 $ — $ 1
Net investment gains (losses) .....$ (44) $ (43) $ — $ — $ (29) $ (6) $ (23) $ — $ —
Net derivative gains (losses) ......$ — $ — $ — $ — $ — $ — $ — $ — $ —
Other revenues ................$ — $ — $ — $ — $ — $ — $ — $ — $ —
Policyholder benefits and claims ...$ — $ — $ — $ — $ — $ — $ — $ — $ —
Other expenses ...............$ — $ — $ — $ — $ — $ — $ — $ — $ —
156 MetLife, Inc.