XML 130 R108.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Deferred Policy Acquisition Costs, Value of Business Acquired and Other Policy-Related Intangibles - Transition Table (Details) - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Jan. 01, 2021 | Dec. 31, 2020
--- | --- | --- | --- | --- | ---
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost | $ 18,388 | $ 17,644 | $ 17,415 | $ 17,451 | $ 13,446
Balance at January 1, 2021 | 18,388 | 17,644 | 17,415 | 17,451 | 13,446
Present Value of Future Insurance Profits, Net | 1,763 | 2,009 | 2,391 | 2,966 | 2,943
Balance at January 1, 2021 | 1,763 | 2,009 | 2,391 | 2,966 | 2,943
Balance at December 31, 2020 |  |  |  |  | 2,113
Balance at January 1, 2021 |  |  |  |  | 2,113
Balance at December 31, 2020 | 427 | 473 | 557 | 666 | 738
Balance at January 1, 2021 | 427 | 473 | 557 | 666 | 738
Accounting Standards Update 2018-12 |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost |  |  |  | 17,451 |
Removal of related amounts in AOCI |  |  |  | 3,980 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 25 |
Balance at January 1, 2021 |  |  |  | 17,451 |
Present Value of Future Insurance Profits, Net |  |  |  | 2,966 |
Removal of related amounts in AOCI |  |  |  | 27 |
Other adjustments upon adoption of the LDTI standard |  |  |  | (4) |
Balance at January 1, 2021 |  |  |  | 2,966 |
Balance at December 31, 2020 |  |  |  | 3,163 |
Removal of related amounts in AOCI |  |  |  | 1,043 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 7 |
Balance at January 1, 2021 |  |  |  | 3,163 |
Reclassification of carrying amounts of contracts and contract features that are market risk benefits |  |  |  | (72) |
Group Benefits |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost | 258 | 264 | 272 | 279 | 279
Balance at January 1, 2021 | 258 | 264 | 272 | 279 | 279
Present Value of Future Insurance Profits, Net | 0 | 0 | 0 | 0 | 0
Balance at January 1, 2021 | 0 | 0 | 0 | 0 | 0
Balance at December 31, 2020 |  |  |  |  | 0
Balance at January 1, 2021 |  |  |  |  | 0
Group Benefits | Accounting Standards Update 2018-12 |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost |  |  |  | 279 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 279 |
Present Value of Future Insurance Profits, Net |  |  |  | 0 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 0 |
Balance at December 31, 2020 |  |  |  | 0 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 0 |
Retirement and Income Solutions |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost | 397 | 267 | 191 | 130 | 130
Balance at January 1, 2021 | 397 | 267 | 191 | 130 | 130
Present Value of Future Insurance Profits, Net | 16 | 19 | 22 | 25 | 25
Balance at January 1, 2021 | 16 | 19 | 22 | 25 | 25
Balance at December 31, 2020 |  |  |  |  | 42
Balance at January 1, 2021 |  |  |  |  | 42
Retirement and Income Solutions | Accounting Standards Update 2018-12 |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost |  |  |  | 130 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 130 |
Present Value of Future Insurance Profits, Net |  |  |  | 25 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 25 |
Balance at December 31, 2020 |  |  |  | 42 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 42 |
Asia |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost | 10,864 | 10,270 | 10,058 | 9,741 | 7,432
Balance at January 1, 2021 | 10,864 | 10,270 | 10,058 | 9,741 | 7,432
Present Value of Future Insurance Profits, Net | 1,119 | 1,290 | 1,593 | 1,915 | 1,901
Balance at January 1, 2021 | 1,119 | 1,290 | 1,593 | 1,915 | 1,901
Balance at December 31, 2020 |  |  |  |  | 587
Balance at January 1, 2021 |  |  |  |  | 587
Asia | Accounting Standards Update 2018-12 |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost |  |  |  | 9,741 |
Removal of related amounts in AOCI |  |  |  | 2,309 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 9,741 |
Present Value of Future Insurance Profits, Net |  |  |  | 1,915 |
Removal of related amounts in AOCI |  |  |  | 14 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 1,915 |
Balance at December 31, 2020 |  |  |  | 1,616 |
Removal of related amounts in AOCI |  |  |  | 1,029 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 1,616 |
Latin America |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost | 1,950 | 1,542 | 1,361 | 1,394 | 1,344
Balance at January 1, 2021 | 1,950 | 1,542 | 1,361 | 1,394 | 1,344
Present Value of Future Insurance Profits, Net | 497 | 545 | 591 | 756 | 748
Balance at January 1, 2021 | 497 | 545 | 591 | 756 | 748
Balance at December 31, 2020 |  |  |  |  | 740
Balance at January 1, 2021 |  |  |  |  | 740
Latin America | Accounting Standards Update 2018-12 |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost |  |  |  | 1,394 |
Removal of related amounts in AOCI |  |  |  | 50 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 1,394 |
Present Value of Future Insurance Profits, Net |  |  |  | 756 |
Removal of related amounts in AOCI |  |  |  | 8 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 756 |
Balance at December 31, 2020 |  |  |  | 835 |
Removal of related amounts in AOCI |  |  |  | 95 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 835 |
EMEA |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost | 1,618 | 1,480 | 1,472 | 1,565 | 1,551
Balance at January 1, 2021 | 1,618 | 1,480 | 1,472 | 1,565 | 1,551
Present Value of Future Insurance Profits, Net | 113 | 127 | 154 | 232 | 236
Balance at January 1, 2021 | 113 | 127 | 154 | 232 | 236
Balance at December 31, 2020 |  |  |  |  | 556
Balance at January 1, 2021 |  |  |  |  | 556
EMEA | Accounting Standards Update 2018-12 |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost |  |  |  | 1,565 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 14 |
Balance at January 1, 2021 |  |  |  | 1,565 |
Present Value of Future Insurance Profits, Net |  |  |  | 232 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | (4) |
Balance at January 1, 2021 |  |  |  | 232 |
Balance at December 31, 2020 |  |  |  | 482 |
Removal of related amounts in AOCI |  |  |  | (81) |
Other adjustments upon adoption of the LDTI standard |  |  |  | 7 |
Balance at January 1, 2021 |  |  |  | 482 |
MetLife Holdings |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost | 3,271 | 3,791 | 4,029 | 4,311 | 2,679
Balance at January 1, 2021 | 3,271 | 3,791 | 4,029 | 4,311 | 2,679
Present Value of Future Insurance Profits, Net | 18 | 28 | 31 | 38 | 33
Balance at January 1, 2021 | 18 | 28 | 31 | 38 | 33
Balance at December 31, 2020 |  |  |  |  | 188
Balance at January 1, 2021 |  |  |  |  | 188
MetLife Holdings | Accounting Standards Update 2018-12 |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost |  |  |  | 4,311 |
Removal of related amounts in AOCI |  |  |  | 1,621 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 11 |
Balance at January 1, 2021 |  |  |  | 4,311 |
Present Value of Future Insurance Profits, Net |  |  |  | 38 |
Removal of related amounts in AOCI |  |  |  | 5 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 38 |
Balance at December 31, 2020 |  |  |  | 188 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 188 |
Corporate and Other [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost | 30 | 30 | 32 | 31 | 31
Balance at January 1, 2021 | 30 | 30 | 32 | 31 | 31
Present Value of Future Insurance Profits, Net | 0 | 0 | 0 | 0 | 0
Balance at January 1, 2021 | $ 0 | $ 0 | $ 0 | 0 | 0
Balance at December 31, 2020 |  |  |  |  | 0
Balance at January 1, 2021 |  |  |  |  | $ 0
Corporate and Other [Member] | Accounting Standards Update 2018-12 |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Deferred Policy Acquisition Cost |  |  |  | 31 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 31 |
Present Value of Future Insurance Profits, Net |  |  |  | 0 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | 0 |
Balance at December 31, 2020 |  |  |  | 0 |
Removal of related amounts in AOCI |  |  |  | 0 |
Other adjustments upon adoption of the LDTI standard |  |  |  | 0 |
Balance at January 1, 2021 |  |  |  | $ 0 |

X
- Definition Adjustments for the difference between previous carrying amount and fair value measurement for market risk benefits + References No definition available. + Details
Name: | met_AdjustmentsForTheDifferenceBetweenPreviousCarryingAmountAndFairValueMeasurementForMarketRiskBenefits
Namespace Prefix: | met_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition DAC Other balance sheet reclassifications upon adoption of the LDTI standard + References No definition available. + Details
Name: | met_DACOtherBalanceSheetReclassificationsUponAdoptionOfTheLDTIStandard
Namespace Prefix: | met_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition DAC Removal of related amounts in accumulated other comprehensive income + References No definition available. + Details
Name: | met_DACRemovalOfRelatedAmountsInAccumulatedOtherComprehensiveIncome
Namespace Prefix: | met_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The carrying amount of the estimated fair value of the in-force contract obligations that exceeded the assumed in-force insurance policy liabilities as of the balance sheet date. + References No definition available. + Details
Name: | met_FiniteLivedIntangibleLiabilitiesNet
Namespace Prefix: | met_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition UREV Other balance sheet reclassifications upon adoption of the LDTI standard + References No definition available. + Details
Name: | met_UREVOtherBalanceSheetReclassificationsUponAdoptionOfTheLDTIStandard
Namespace Prefix: | met_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition UREV Removal of related amounts in accumulated other comprehensive income + References No definition available. + Details
Name: | met_UREVRemovalOfRelatedAmountsInAccumulatedOtherComprehensiveIncome
Namespace Prefix: | met_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition VOBA Other balance sheet reclassifications upon adoption of the LDTI standard + References No definition available. + Details
Name: | met_VOBAOtherBalanceSheetReclassificationsUponAdoptionOfTheLDTIStandard
Namespace Prefix: | met_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition VOBA Removal of related amounts in accumulated other comprehensive income + References No definition available. + Details
Name: | met_VOBARemovalOfRelatedAmountsInAccumulatedOtherComprehensiveIncome
Namespace Prefix: | met_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of deferred policy acquisition cost capitalized on contract remaining in force. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 2 -Subparagraph (g)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480016/944-40-65-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479432/944-30-50-2B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479401/944-30-55-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 45 -Paragraph 1 -SubTopic 825 -Topic 944 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479408/944-825-45-1 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479432/944-30-50-2B + Details
Name: | us-gaap_DeferredPolicyAcquisitionCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of deferred income and obligation to transfer product and service to customer for which consideration has been received or is receivable, classified as current. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(20)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_DeferredRevenueCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of present value of future profits of insurance contract acquired in business combination. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 20 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479735/944-20-S99-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479432/944-30-50-2B Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(10)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 + Details
Name: | us-gaap_ValueOfBusinessAcquiredVOBA
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_AdjustmentsForNewAccountingPronouncementsAxis=us-gaap_AccountingStandardsUpdate201812Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=met_GroupBenefitsSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=met_RetirementAndIncomeSolutionsSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=met_AsiaSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=met_LatinAmericaSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=met_EMEASegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=met_MetLifeHoldingsSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateAndOtherMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |