MetLife 2012 Annual Report Download - page 81

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Financial Statements and Supplementary Data
Index to Consolidated Financial Statements, Notes and Schedules
Page
Number
Report of Independent Registered Public Accounting Firm .................................................................. 76
Financial Statements at December 31, 2012 and 2011 and for the Years Ended December 31, 2012, 2011 and 2010:
Consolidated Balance Sheets ...................................................................................... 77
Consolidated Statements of Operations ............................................................................... 78
Consolidated Statements of Comprehensive Income .................................................................... 79
Consolidated Statements of Equity .................................................................................. 80
Consolidated Statements of Cash Flows .............................................................................. 83
Notes to the Consolidated Financial Statements .......................................................................... 85
Note 1 — Business, Basis of Presentation and Summary of Significant Accounting Policies ...................................... 85
Note 2 — Segment Information ..................................................................................... 95
Note 3 — Acquisitions and Dispositions .............................................................................. 100
Note 4 — Insurance .............................................................................................. 103
Note 5 — Deferred Policy Acquisition Costs, Value of Business Acquired and Other Policy-Related Intangibles ....................... 108
Note 6 — Reinsurance ............................................................................................ 111
Note 7 — Closed Block ........................................................................................... 113
Note 8 — Investments ............................................................................................ 115
Note 9 — Derivatives ............................................................................................. 130
Note 10 — Fair Value ............................................................................................. 139
Note 11 — Goodwill .............................................................................................. 163
Note 12 — Long-term and Short-term Debt ........................................................................... 165
Note 13 Collateral Financing Arrangements .......................................................................... 167
Note 14 — Junior Subordinated Debt Securities ........................................................................ 168
Note 15 — Common Equity Units ................................................................................... 169
Note 16 — Equity ................................................................................................ 170
Note 17 — Other Expenses ........................................................................................ 180
Note 18 — Employee Benefit Plans .................................................................................. 181
Note 19 — Income Tax ........................................................................................... 192
Note 20 — Earnings Per Common Share ............................................................................. 196
Note 21 — Contingencies, Commitments and Guarantees ................................................................ 196
Note 22 — Quarterly Results of Operations (Unaudited) .................................................................. 204
Note 23 — Subsequent Events ..................................................................................... 205
MetLife, Inc. 75