v3.26.1
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Premiums $ 6,748 $ 6,695
Universal life and investment-type product policy fees 390 392
Net investment income 3,100 2,876
Other revenues 435 435
Net investment gains (losses) (225) (285)
Net derivative gains (losses) 400 (46)
Total revenues 10,848 10,067
Expenses    
Policyholder benefits and claims 7,023 7,049
Policyholder liability remeasurement (gains) losses (6) (15)
Market risk benefit remeasurement (gains) losses 123 290
Interest credited to policyholder account balances 933 931
Policyholder dividends 94 113
Other expenses 1,626 1,313
Total expenses 9,793 9,681
Income (loss) before provision for income tax 1,055 386
Provision for income tax expense (benefit) 199 51
Net income (loss) 856 335
Less: Net income (loss) attributable to noncontrolling interests (4) (2)
Net income (loss) attributable to Metropolitan Life Insurance Company 860 337
Comprehensive income (loss) 528 1,461
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax (4) (2)
Comprehensive income (loss) attributable to Metropolitan Life Insurance Company $ 532 $ 1,463