← METLIFE INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Accounts Receivable | — | — | — | — | — | $235.0m | $226.0m | $243.0m | $238.0m | $272.0m | |
| Cash and Cash Equivalents, at Carrying Value | $17.9b | $12.7b | $15.8b | $16.6b | $19.8b | $20.0b | $20.2b | $20.6b | $20.1b | $22.0b | |
| Cash and cash equivalents, principally at estimated fair value (includes $96 and $0, respectively, relating to variable interest entities) | $17.9b | $12.7b | $15.8b | $16.6b | $19.8b | $20.0b | $20.2b | $20.6b | $20.1b | $22.0b | |
| Premiums, reinsurance and other receivables (includes $0 and $47, respectively, relating to variable interest entities) | $26.1b | $18.4b | $19.6b | $20.4b | $17.9b | $17.1b | $17.5b | $29.0b | $29.8b | $49.1b | |
| Short-term Investments | $7.8b | $4.9b | $3.9b | $3.9b | $3.9b | $7.2b | $4.9b | $6.0b | $5.2b | $3.6b | |
| Short-term investments, principally at estimated fair value | $7.8b | $4.9b | $3.9b | $3.9b | $3.9b | $7.2b | $4.9b | $6.0b | $5.2b | $3.6b | |
| Goodwill | $9.2b | $9.6b | $9.4b | $9.3b | $10.1b | $9.5b | $9.3b | $9.2b | $8.9b | $9.6b | |
| Operating Lease, Right-of-Use Asset | — | — | — | $1.5b | $1.3b | — | $961.0m | $1.1b | $928.0m | $984.0m | |
| Other assets | $7.8b | $8.2b | $8.4b | $10.5b | $11.7b | $11.6b | $11.0b | $11.1b | $11.1b | $11.8b | |
| Additional Financial Items | |||||||||||
| Collateral financing arrangement | $4.1b | $1.1b | $1.1b | $993.0m | $845.0m | $766.0m | $716.0m | $637.0m | $476.0m | $352.0m | |
| Contractholder-directed equity securities and fair value option securities, at estimated fair value (includes $1,751 and $0, respectively, relating to variable interest entities) | — | $16.7b | $12.6b | $13.1b | $13.3b | $12.1b | $9.7b | $10.3b | $10.7b | $14.0b | |
| Current income tax recoverable | $20.0m | $0 | $183.0m | — | $0 | $184.0m | $42.0m | $190.0m | $295.0m | $660.0m | |
| Deferred income tax asset | — | — | — | — | — | $189.0m | $2.8b | $2.6b | $3.0b | $2.6b | |
| Deferred policy acquisition costs and value of business acquired | $24.8b | $18.4b | $18.9b | $17.8b | $16.4b | $16.1b | $23.0b | $20.2b | $19.6b | $21.1b | |
| Equity securities, at estimated fair value | — | $2.5b | $1.4b | $1.3b | $1.1b | $1.3b | $1.7b | $757.0m | $712.0m | $858.0m | |
| Fixed maturity securities available-for-sale, at estimated fair value (net of allowance for credit loss of $249 and $160, respectively); and amortized cost: $337,201 and $307,421, respectively | $350.9b | $308.9b | $298.3b | $327.8b | $354.8b | $340.3b | $276.8b | $281.4b | $281.0b | $315.9b | |
| Future policy benefits | $200.0b | $178.0b | $186.8b | $194.9b | $206.7b | $199.7b | $204.2b | $196.4b | $193.6b | $208.9b | |
| Market risk benefits, at estimated fair value | — | — | — | — | $0 | — | $3.8b | $3.2b | $2.6b | $2.4b | |
| Mortgage loans (net of allowance for credit loss of $1,193 and $800, respectively; includes $35 and $0, respectively, of mortgage loans held-for-sale) | $74.5b | $68.7b | $75.8b | $80.5b | $83.9b | $79.4b | $83.8b | $92.5b | $89.0b | $84.6b | |
| Notes Issued by Collateralized Financing Entities | — | — | — | — | — | — | — | — | $0 | $1.2b | |
| Other invested assets (includes $1,698 and $1,851, respectively, of leveraged and direct financing leases; $560 and $424, respectively, relating to variable interest entities) | $23.2b | $17.3b | $18.2b | $19.0b | $20.6b | $18.7b | $20.0b | $18.2b | $18.5b | $16.3b | |
| Other liabilities (includes $167 and $0, respectively, relating to variable interest entities) | $28.8b | $24.0b | $23.0b | $24.2b | $23.6b | $22.5b | $26.0b | $35.8b | $36.8b | $57.6b | |
| Other limited partnership interests | $6.8b | $5.7b | $6.6b | $7.7b | $9.5b | $14.6b | $14.4b | $14.8b | $14.4b | $14.9b | |
| Other policy-related balances | $14.4b | $15.5b | $16.5b | $17.2b | $17.1b | $17.8b | $19.7b | $19.7b | $18.9b | $20.1b | |
| Payables for collateral under securities loaned and other transactions | $33.3b | $25.7b | $24.8b | $26.7b | $29.5b | $31.9b | $20.9b | $17.5b | $17.1b | $17.1b | |
| Policy loans | $11.0b | $9.7b | $9.7b | $9.7b | $9.5b | $9.1b | $8.9b | $8.8b | $8.5b | $8.5b | |
| Policyholder account balances | $210.2b | $182.5b | $183.7b | $192.6b | $205.2b | $203.5b | $203.1b | $219.3b | $221.4b | $236.9b | |
| Real estate and real estate joint ventures (includes $378 and $378, respectively, under the fair value option; $132 and $65, respectively, of real estate held-for-sale; $302 and $183, respectively, relating to variable interest entities) | $9.0b | $9.6b | $9.7b | $10.7b | $11.9b | $12.2b | $13.1b | $13.3b | $13.3b | $13.4b | |
| Separate account assets | $308.6b | $205.0b | $175.6b | $188.4b | $200.0b | $179.9b | $146.0b | $144.6b | $139.5b | $151.9b | |
| Separate account liabilities | $308.6b | $205.0b | $175.6b | $188.4b | $200.0b | $179.9b | $146.0b | $144.6b | $139.5b | $151.9b | |
| Subordinated debt securities | — | — | — | — | — | — | — | — | $3.2b | $4.2b | |
| Total MetLife, Inc.’s stockholders’ equity | $67.3b | $58.7b | $52.7b | $66.1b | $74.6b | $67.5b | $27.0b | $30.0b | $27.4b | $28.4b | |
| Total equity | $67.5b | $58.9b | $53.0b | $66.4b | $74.8b | $67.7b | $27.3b | $30.3b | $27.7b | $28.7b | |
| Total investments | $500.4b | $444.1b | $436.2b | $473.8b | $508.5b | $494.8b | $433.3b | $446.1b | $441.4b | $472.2b | |
| Assets | $898.8b | $719.9b | $687.5b | $740.5b | $795.1b | $759.7b | $666.6b | $687.6b | $677.5b | $745.2b | |
| Total assets | $898.8b | $719.9b | $687.5b | $740.5b | $795.1b | $759.7b | $666.6b | $687.6b | $677.5b | $745.2b | |
| LIABILITIES AND EQUITY | |||||||||||
| Accrued investment income | $4.0b | $3.5b | $3.6b | $3.5b | $3.4b | $3.2b | $3.4b | $3.6b | $3.5b | $3.7b | |
| Policyholder dividends payable | $708 | $682 | $677 | $681 | $587 | $478 | $387 | $386 | $385 | $356 | |
| Short-term debt (includes $117 and $133, respectively, relating to variable interest entities) | $242.0m | $477.0m | $268.0m | $235.0m | $393.0m | $341.0m | $175.0m | $119.0m | $465.0m | $355.0m | |
| Deferred Income Tax Liabilities, Net | — | — | — | $9.0b | $11.0b | $9.7b | $325.0m | $927.0m | $132.0m | $536.0m | |
| Deferred income tax liability | $9.4b | $6.8b | $5.4b | $9.1b | $11.0b | $9.7b | $325.0m | $927.0m | $132.0m | $536.0m | |
| Long-term debt (includes $28 and $0, respectively, relating to variable interest entities) | $16.5b | $15.7b | $12.8b | $13.5b | $14.6b | $13.9b | $14.6b | $15.5b | $15.1b | $14.5b | |
| Deferred Tax Liabilities, Net | $9.4b | $6.8b | $5.4b | $9.1b | $10.9b | $9.5b | — | — | — | — | |
| Liabilities | $831.3b | $661.0b | $634.6b | $674.1b | $720.3b | $692.0b | $639.3b | $657.3b | $649.8b | $716.2b | |
| Total liabilities | $831.3b | $661.0b | $634.6b | $674.1b | $720.3b | $692.0b | $639.3b | $657.3b | $649.8b | $716.2b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | $0 | — | — | — | — | — | — | — | — | $241.0m | |
| Redeemable noncontrolling interests | $0 | — | — | — | — | — | — | — | $0 | $241.0m | |
| Stockholders’ equity: | |||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $5.3b | $7.4b | $1.7b | $13.1b | $18.1b | $10.9b | ($27.1b) | ($19.2b) | ($21.2b) | ($18.1b) | |
| Accumulated other comprehensive income (loss) | $5.3b | $7.4b | $1.7b | $13.1b | $18.1b | $10.9b | ($27.1b) | ($19.2b) | ($21.2b) | ($18.1b) | |
| Additional Paid in Capital | $30.9b | $31.1b | $32.5b | $32.7b | $33.8b | $33.5b | $33.6b | $33.7b | $33.8b | $32.9b | |
| Common Stock, Value, Issued | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | $12.0m | |
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings (Accumulated Deficit) | $34.5b | $26.5b | $28.9b | $33.1b | $36.5b | $41.2b | $42.0b | $40.1b | $42.6b | $44.3b | |
| Treasury stock, at cost; 540,253,417 and 504,957,563 shares, respectively | ($3.5b) | ($6.4b) | ($10.4b) | ($12.7b) | ($13.8b) | ($18.2b) | ($21.5b) | ($24.6b) | ($27.8b) | ($30.7b) | |
| Stockholders' Equity Attributable to Parent | $67.3b | $58.7b | $52.7b | $66.1b | $74.6b | $67.5b | $27.0b | $30.0b | $27.4b | $28.4b | |
| Noncontrolling interests | $171.0m | $194.0m | $217.0m | $238.0m | $259.0m | $267.0m | $247.0m | $238.0m | $258.0m | $282.0m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $171.0m | $194.0m | $217.0m | $238.0m | $259.0m | $267.0m | $247.0m | $238.0m | $258.0m | $282.0m | |
| Liabilities and Equity | $898.8b | $719.9b | $687.5b | $740.5b | $795.1b | $759.7b | $666.6b | $687.6b | $677.5b | $745.2b | |
| Total liabilities, mezzanine equity and equity | $898.8b | $719.9b | $687.5b | $740.5b | $795.1b | $759.7b | $666.6b | $687.6b | $677.5b | $745.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.