v3.26.1
Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Assets    
Amortized cost of fixed maturity securities valuation allowances $ 273 $ 249
Amortized Cost 342,191 337,201
Contractholder-directed equity securities and fair value option securities, at estimated fair value (includes $1,665 and $1,751, respectively, relating to variable interest entities) 13,435 13,959
Mortgage loans valuation allowances 1,213 1,193
Financing Receivable, Held-for-Sale 35 35
Real estate and real estate joint ventures (includes $303 and $378, respectively, under the fair value option; $164 and $132, respectively, of real estate held-for-sale; $376 and $302, respectively, relating to variable interest entities) 13,356 13,440
Real Estate Held-for-sale 164 132
Other Invested Assets - Leveraged and Direct Financing Leases 1,586 1,698
Other invested assets, at estimated fair value 17,624 16,332
Cash Equivalents, at Carrying Value 22,687 22,032
Premiums, reinsurance and other receivables relating to variable interest entities 50,335 49,059
Liabilities    
Short-term Debt 404 355
Long-term debt (includes $68 and $28, respectively, relating to variable interest entities) 14,445 14,467
Other liabilities (includes $139 and $167, respectively, relating to variable interest entities) $ 57,989 $ 57,582
MetLife, Inc.’s stockholders’ equity:    
Preferred stock, par value $ 0.01 $ 0.01
Preferred stock, Liquidation Preference, Value   $ 2,905
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 3,000,000,000 3,000,000,000
Common stock, shares issued 1,196,399,473 1,195,587,190
Common stock, shares outstanding 646,024,938 655,333,773
Treasury stock, shares 550,374,535 540,253,417
Residential mortgage loans - FVO    
Assets    
Real estate and real estate joint ventures (includes $303 and $378, respectively, under the fair value option; $164 and $132, respectively, of real estate held-for-sale; $376 and $302, respectively, relating to variable interest entities) $ 303 $ 378
Variable interest entities    
Assets    
Contractholder-directed equity securities and fair value option securities, at estimated fair value (includes $1,665 and $1,751, respectively, relating to variable interest entities) 1,665 1,751
Real estate and real estate joint ventures (includes $303 and $378, respectively, under the fair value option; $164 and $132, respectively, of real estate held-for-sale; $376 and $302, respectively, relating to variable interest entities) 376 302
Other invested assets, at estimated fair value 657 560
Cash Equivalents, at Carrying Value 132 96
Liabilities    
Short-term Debt 113 117
Long-term debt (includes $68 and $28, respectively, relating to variable interest entities) 68 28
Other liabilities (includes $139 and $167, respectively, relating to variable interest entities) $ 139 $ 167