MetLife 2012 Annual Report Download - page 195

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MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Other Postretirement Benefits
Fixed Maturity
Securities:
Corporate Municipals Other (1) Derivative
Assets
(In millions)
Year Ended December 31, 2012:
Balance, January 1, .................................................... $ 4 $ 1 $ 5 $ 1
Realized gains (losses) .................................................. — (2) 2
Unrealized gains (losses) ................................................ — 2 (2)
Purchases, sales, issuances and settlements, net ............................ — (2) (1)
Transfers into and/or out of Level 3 ........................................ —
Balance, December 31, ................................................. $ 4 $ 1 $ 3 $
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Pension Benefits
Fixed Maturity
Securities: Equity
Securities:
Corporate Foreign
Bonds Other (1)
Common
Stock -
Domestic Other
Investments Derivative
Assets
(In millions)
Year Ended December 31, 2011:
Balance, January 1, ................................................. $49 $ 4 $2 $240 $471 $
Realized gains (losses) ............................................... — (1) (59) 85 2
Unrealized gains (losses) ............................................. (4) (1) 1 118 45 4
Purchases, sales, issuances and settlements, net .......................... (13) 2 (1) (93) (70) (2)
Transfers into and/or out of Level 3 ..................................... — 1
Balance, December 31, .............................................. $32 $ 5 $2 $206 $531 $ 4
Fair Value Measurements Using Significant
Unobservable Inputs (Level 3)
Other Postretirement Benefits
Fixed Maturity
Securities:
Corporate Municipals Other (1) Derivative
Assets
(In millions)
Year Ended December 31, 2011:
Balance, January 1, ................................................................... $ 4 $ 1 $ 6 $
Realized gains (losses) ................................................................. — (1)
Unrealized gains (losses) ................................................................ — 1 1
Purchases, sales, issuances and settlements, net ............................................ — (1)
Transfers into and/or out of Level 3 ....................................................... —
Balance, December 31, ................................................................ $ 4 $ 1 $ 5 $ 1
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Pension Benefits Other Postretirement Benefits
Fixed Maturity
Securities: Equity
Securities: Fixed Maturity
Securities:
Corporate Foreign
Bonds Other (1)
Common
Stock -
Domestic Other
Investments Corporate Municipals Other (1)
(In millions)
Year Ended December 31, 2010:
Balance, January 1, ............................... $68 $ 5 $69 $241 $373 $ $ $9
Realized gains (losses) ............................. (11) — 78 (4)
Unrealized gains (losses) ........................... 7 1 14 (2) (4) 1 1
Purchases, sales, issuances and settlements, net ........ (17) (2) (71) 1 24 (1)
Transfers into and/or out of Level 3 ................... (9) — 1 3 1 1
Balance, December 31, ............................ $49 $ 4 $ 2 $240 $471 $ 4 $ 1 $ 6
MetLife, Inc. 189