v3.26.1
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Premiums $ 6,416 $ 6,638 $ 13,164 $ 13,333
Universal life and investment-type product policy fees 407 390 797 782
Net investment income 3,014 2,806 6,114 5,682
Other revenues 447 421 882 856
Net investment gains (losses) (407) (322) (632) (607)
Net derivative gains (losses) (307) (584) 93 (630)
Total revenues 9,570 9,349 20,418 19,416
Expenses        
Policyholder benefits and claims 6,607 6,957 13,630 14,006
Policyholder liability remeasurement (gains) losses 32 21 26 6
Market risk benefit remeasurement (gains) losses (197) (242) (74) 48
Interest credited to policyholder account balances 951 941 1,884 1,872
Policyholder dividends 93 111 187 224
Other expenses 1,509 1,340 3,135 2,653
Total expenses 8,995 9,128 18,788 18,809
Income (loss) before provision for income tax 575 221 1,630 607
Provision for income tax expense (benefit) 90 27 289 78
Net income (loss) 485 194 1,341 529
Less: Net income (loss) attributable to noncontrolling interests (3) (3) (7) (5)
Net income (loss) attributable to Metropolitan Life Insurance Company 488 197 1,348 534
Comprehensive income (loss) 213 72 741 1,533
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax (3) (3) (7) (5)
Comprehensive income (loss) attributable to Metropolitan Life Insurance Company $ 216 $ 75 $ 748 $ 1,538