MetLife 2013 Annual Report Download - page 203

MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)
18. Employee Benefit Plans (continued)
A rollforward of all pension and other postretirement benefit plan assets measured at estimated fair value on a recurring basis using significant
unobservable (Level 3) inputs was as follows:
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, 2013:
Balance at January 1, ................................................ $19 $ 8 $ 7 $137 $447 $ 1
Realized gains (losses) ............................................... — — — (1) — (3)
Unrealized gains (losses) ............................................. (2) 1 — 9 59 (18)
Purchases, sales, issuances and settlements, net .......................... 19 (3) 11 3 (62) 55
Transfers into and/or out of Level 3 ..................................... 23 5 1 — 156 —
Balance at December 31, ............................................. $59 $11 $19 $148 $600 $ 35
Fair Value Measurements Using Significant
Unobservable Inputs (Level 3)
Other Postretirement Benefits
Fixed Maturity
Securities:
Corporate Municipals Other (1)
(In millions)
Year Ended December 31, 2013:
Balance at January 1, ....................................................................... $ 4 $ 1 $ 3
Realized gains (losses) ...................................................................... — — (3)
Unrealized gains (losses) .................................................................... — — 4
Purchases, sales, issuances and settlements, net ................................................. (3) (1) (4)
Transfers into and/or out of Level 3 ............................................................ — — —
Balance at December 31, .................................................................... $ 1 $— $—
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, 2012:
Balance at January 1, ................................................ $32 $ 5 $ 2 $206 $ 531 $ 4
Realized gains (losses) ............................................... — — — (27) 55 6
Unrealized gains (losses) ............................................. (1) 8 — 10 (36) (7)
Purchases, sales, issuances and settlements, net .......................... (12) (5) 5 (52) (103) (2)
Transfers into and/or out of Level 3 ..................................... — — — — — —
Balance at December 31, ............................................. $19 $ 8 $ 7 $137 $ 447 $ 1
MetLife, Inc. 195