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 $ 195 $ 194
Amortized Cost 169,626 167,384
Mortgage loans valuation allowances 711 701
Mortgage loans (net of allowance for credit loss of $711 and $701, respectively; includes $180 and $180, respectively, relating to variable interest entities) 55,472 55,870
Real estate and real estate joint ventures (includes $303 and $378, respectively, under the fair value option; $130 and $64, respectively, of real estate held-for-sale; $2,495 and $2,435, respectively, relating to variable interest entities) 8,906 8,798
Real Estate Held-for-sale 130 64
Other Invested Assets - Leveraged and Direct Financing Leases 363 435
Other invested assets - VIE 16,832 15,086
Cash and Cash Equivalents, at carrying Value 9,416 8,392
Liabilities    
Other liabilities (includes $30 and $0, respectively, relating to variable interest entities) $ 32,219 $ 31,164
Metropolitan Life Insurance Company stockholder’s equity:    
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 1,000,000,000 1,000,000,000
Common stock, shares issued 494,466,664 494,466,664
Common stock, shares outstanding 494,466,664 494,466,664
Residential mortgage loans — FVO    
Assets    
Real estate and real estate joint ventures (includes $303 and $378, respectively, under the fair value option; $130 and $64, respectively, of real estate held-for-sale; $2,495 and $2,435, respectively, relating to variable interest entities) $ 303 $ 378
Other Investments, FVO    
Assets    
Other invested assets - VIE 1,712 866
Variable interest entities    
Assets    
Mortgage loans (net of allowance for credit loss of $711 and $701, respectively; includes $180 and $180, respectively, relating to variable interest entities) 180 180
Real estate and real estate joint ventures (includes $303 and $378, respectively, under the fair value option; $130 and $64, respectively, of real estate held-for-sale; $2,495 and $2,435, respectively, relating to variable interest entities) 2,495 2,435
Other invested assets - VIE 43 45
Cash and Cash Equivalents, at carrying Value 64 0
Liabilities    
Other liabilities (includes $30 and $0, respectively, relating to variable interest entities) 30 0
Variable interest entities | Other Investments, FVO    
Assets    
Other invested assets - VIE $ 816 $ 0