MetLife (MET)

Company ID: 293 | CIK: 0001099219
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

Business Unit / Product Segments

Major Customers (% of Revenue)

Operational KPIs

Auto & Home agencies (advisors)

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Separate account assets (aua)

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Liquid assets (aum)

CBF offices (branches)

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Sales practices lawsuits pending (claims_count)

Combined ratio (combined_ratio)

Auto & Home specialists (contractors)

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Customers (customers)

Employer worksite accounts (customers_served)

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Deposits (deposits)

Institutional Business pension reps (headcount)

Serviced residential mortgage loan portfolio (loans_outstanding)

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Property loss ratio (loss_ratio)

Annuity deposits (net_flows)

Office property occupancy (occupancy)

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200 Park Avenue Sale Price (other)

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Adjusted earnings available to common (other)

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Adjusted earnings available to common shareholders (other)

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Adjusted net investment income (other)

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Adjusted net investment income yield (other)

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Adjusted premiums, fees and other revenues (other)

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Adjusted return on equity target (other)

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Agricultural mortgage average LTV (other)

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Agricultural mortgage loan LTV ratio (other)

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Agricultural mortgage loan average LTV (other)

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Agricultural mortgage loan-to-value (other)

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Agricultural mortgage valuation allowance (other)

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Alt-A residential MBS exposure (other)

Alt-A residential mortgage-backed securities exposure (other)

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Alt-A securities exposure (other)

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Annualized investment yield (other)

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Annualized yield on general account (other)

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Annualized yield on invested assets (other)

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Annuity separate account balance (other)

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Annuity surrenders and withdrawals (other)

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Asbestos excess insurance coverage (other)

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Asbestos insurance coverage limit (other)

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Asbestos premiums paid (other)

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Asbestos self-insured retention (other)

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Asbestos settlement payments (other)

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Asset valuation reserve (other)

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Auto & Home expense ratio (other)

Available liquid assets (other)

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Average DSCR (other)

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Average LTV ratio (other)

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Average debt service coverage ratio (other)

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Average loan-to-value ratio (other)

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Bancassurance relationships (other)

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Bank credit facility commitments (other)

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Below investment grade securities (other)

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Book value per share (other)

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Brighthouse retained shares (other)

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Broker-related lawsuits pending (other)

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Business realignment terminations completed (other)

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Business realignment terminations remaining (other)

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Cash and cash equivalents (other)

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Cash and invested assets (other)

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Cash collateral from securities lending (other)

Cash collateral held (other)

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Cash collateral on deposit (other)

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Cash dividends paid to holding company (other)

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Catastrophe losses (other)

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Catastrophe share of homeowner loss ratio (other)

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Claims incurred (other)

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Claims paid (other)

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Closed block assets (other)

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Closed block future earnings (other)

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Closed block liabilities (other)

Closed block maximum future earnings (other)

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Commercial Paper Funding Facility usage (other)

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Commercial mortgage average DSCR (other)

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Commercial mortgage average LTV (other)

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Commercial mortgage debt service coverage (other)

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Commercial mortgage loan DSCR (other)

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Commercial mortgage loan LTV (other)

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Commercial mortgage loan LTV ratio (other)

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Commercial mortgage loan average DSCR (other)

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Commercial mortgage loan average LTV (other)

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Commercial mortgage loan-to-value (other)

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Commercial mortgage valuation allowance (other)

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Committed Facilities unused commitments (other)

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Committed credit facilities (other)

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Committed facilities unused (other)

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Committed facilities unused commitments (other)

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Committed facility unused commitments (other)

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Common Stock Outstanding (other)

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Common shares outstanding (other)

Common shares repurchased (other)

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Common stock dividends paid (other)

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Common stock outstanding (other)

Common stock repurchase authorization remaining (other)

Common stock repurchased (other)

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Common stock repurchases (other)

Common stock shares outstanding (other)

Common stock shares repurchased (other)

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Contractual obligations (other)

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Countries of operation (other)

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Credit Facility unused commitments (other)

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Credit default swap exposure (other)

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Credit default swaps notional (other)

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Credit facilities (other)

Credit facility availability (other)

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Credit facility remaining availability (other)

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Credit facility unused (other)

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Credit facility unused commitments (other)

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DAC and VOBA balance (other)

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Derivative assets fair value (other)

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Derivative liabilities fair value (other)

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Derivative notional amount (other)

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Direct expense ratio (other)

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Direct marketing sponsors (other)

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Dividend per share (other)

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Dividends paid (other)

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Earnings per share (other)

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Effective tax rate (other)

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Equity market risk sensitivity (other)

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Equity price risk exposure (other)

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Expense ratio (other)

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FHLBNY funding agreements outstanding (other)

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Fixed maturity securities fair value (other)

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Fixed maturity securities investment income (other)

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Fixed maturity securities yield (other)

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Fixed maturity writedowns (other)

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Fixed maturity yield (other)

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Foregone loss reimbursements (other)

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Foreign currency risk exposure (other)

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Foreign currency risk sensitivity (other)

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Free cash flow (other)

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Free cash flow ratio (other)

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Funding agreements puttable (other)

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Funding agreements subject to put back (other)

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GMDB account value (other)

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GMDB contract account value (other)

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GMDB total account value (other)

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GMDB total contract account value (other)

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GMIB account value (other)

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GMIB annuitization eligibility (other)

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GMIB contract account value (other)

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GMIB contracts eligible for annuitization (other)

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GMIB eligible for annuitization (other)

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GMIB in-the-money (other)

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GMIB in-the-money contract account value (other)

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GMIB in-the-money contract value (other)

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GMIB managed volatility allocation (other)

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GMIB managed volatility funds (other)

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GMIB net amount at risk (other)

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GMIB out-of-the-money contract value (other)

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GMIB total account value (other)

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GMIB total contract account value (other)

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GMIB value in managed volatility funds (other)

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General account investment yield (other)

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General account portfolio (other)

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Goodwill (other)

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Gross investment income yield (other)

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Gross notional derivatives (other)

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Gross unrealized losses (other)

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Gross unrealized losses on securities (other)

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Holding Company credit facilities (other)

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Holding Company letters of credit (other)

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Holding Company liquid assets (other)

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Holding Company pledged collateral (other)

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Holding company cash (other)

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Holding company liquid assets (other)

Impaired mortgage loans (other)

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Independent agencies and brokers (other)

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Insurance in force growth (other)

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Insurance in-force growth (other)

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Interest rate risk exposure (other)

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Interest rate risk sensitivity (other)

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Interest rate spread (other)

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Interest rate spreads (other)

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International countries (other)

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International sales growth (other)

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Investment grade fixed maturities (other)

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Investment grade fixed maturity securities (other)

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Investment grade securities (other)

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Investment impairments (other)

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Investment income yield (other)

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Investment yield (other)

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Letters of credit (other)

Letters of credit outstanding (other)

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Leveraged leases (other)

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Life insurance in-force (other)

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Life reinsurance in force (other)

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Life reinsurance in-force (other)

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Liquid assets (other)

Liquid assets portfolio (other)

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Liquidity position (other)

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Living benefit guarantee contract value (other)

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Living benefit guarantees (other)

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Living benefit guarantees account value (other)

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Market value of common equity held by non-affiliates (other)

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Marketing representatives (other)

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Maximum future earnings from closed block (other)

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MetLife Funding tangible net worth (other)

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MetLife Holding Companies liquid assets (other)

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MetLife Inc liquid assets (other)

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MetLife Inc. liquid assets (other)

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MetLife ownership of RGA (other)

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MetLife, Inc. liquid assets (other)

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Mortgage loan commitments (other)

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Mortgage loan deferrals (other)

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Mortgage loan investment income (other)

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Mortgage loan valuation allowance (other)

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Mortgage loan yield (other)

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Mortgage loans performing (other)

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Mortgage loans yield (other)

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Mortgage production (other)

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Mortgage production decline (other)

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Mortgage servicing portfolio (other)

NAIC-Based Combined RBC Ratio (other)

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Net amount at risk (other)

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Net ceded reinsurance recoverables (other)

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Net investment income yield (other)

Number of Reportable Segments (other)

One Madison Avenue Sale Price (other)

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Operating earnings per share (other)

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Operational Excellence savings (other)

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Other MetLife holding companies liquid assets (other)

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Other holding company liquid assets (other)

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Partnership funding commitments (other)

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Partnership investment commitments (other)

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Pending sales practices lawsuits (other)

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Pension discretionary contributions (other)

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Pension plan contributions (other)

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Performance shares outstanding (other)

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Policyholder surplus (other)

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Preferred stock outstanding (other)

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Provision for credit loss and impairments (other)

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RBC ratio (other)

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RGA consolidated assets (other)

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RGA ownership (other)

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Ratio of earnings to fixed charges (other)

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Reinsurance expense ratio (other)

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Reinsurance recoverables (other)

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Reinvestment portfolio (other)

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Remaining business realignment terminations (other)

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Remaining buyback authorization (other)

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Repurchase authorization remaining (other)

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Residential mortgage production (other)

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Restructuring charges (other)

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Retirement & savings general account (other)

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Retirement & savings general account value (other)

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Return on common equity (other)

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Return on common stockholders' equity (other)

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Return on equity (other)

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SSRM Sale Price (other)

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Sales agents (other)

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Sales practices lawsuits (other)

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Sales practices lawsuits pending (other)

Sales practices litigation matters (other)

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Securities in unrealized loss (other)

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Securities in unrealized loss position (other)

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Securities lending cash collateral (other)

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Securities lending collateral (other)

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Securities lending collateral liability (other)

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Securities on loan (other)

Selling agreements (other)

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Separate account assets (other)

September 11 insurance losses (other)

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Serviced mortgage loans (other)

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Share repurchase authorization remaining (other)

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Shareholders of record (other)

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Shares outstanding (other)

Shares repurchased (other)

Short-term liquidity (other)

Short-term liquidity position (other)

Special purpose entity funding agreements outstanding (other)

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Statement-Based Combined RBC Ratio (other)

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Stock options outstanding (other)

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Stock repurchase authorization (other)

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Stock repurchase authorization remaining (other)

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Stockholders of record (other)

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Sub-prime asset-backed securities exposure (other)

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Sub-prime mortgage exposure (other)

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Sub-prime residential MBS exposure (other)

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Sub-prime securities exposure (other)

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Term Auction Facility borrowing (other)

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Total account value (other)

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Total assets (other)

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Total cash and invested assets (other)

Total contract account value (other)

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Total derivatives notional (other)

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Total equity (other)

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Total investment income before fees (other)

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Total investment yield (other)

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Total investments (other)

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Total investments ACL (other)

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Total investments-related ACL (other)

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Total risk-based capital ratio (other)

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Travelers Acquisition Price (other)

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Treasury stock (other)

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Treasury stock repurchased (other)

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Unfunded commitments (other)

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Unfunded partnership and lending commitments (other)

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Unfunded partnership commitments (other)

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Unpaid claims balance (other)

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Unrealized losses in equity securities (other)

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Unrealized losses in fixed maturities (other)

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Unused credit commitments (other)

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Unused credit facility commitments (other)

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VA contract account value (other)

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VA guarantee account value (other)

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VA guarantee net amount at risk (other)

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VA net amount at risk (other)

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VIE maximum exposure consolidated (other)

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VIE maximum exposure unconsolidated (other)

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Variable annuity account value (other)

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Variable annuity death benefit account value (other)

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Variable annuity death benefit net amount at risk (other)

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Variable annuity guarantee account value (other)

Variable annuity guarantees carrying value (other)

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Variable annuity net amount at risk (other)

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Weighted average diluted shares (other)

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Weighted average shares (other)

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Worksite employers (other)

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Written credit default swap notional (other)

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Written credit default swaps (other)

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Written credit default swaps exposure (other)

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Written credit default swaps notional (other)

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Homeowners policy retention (persistency)

RGA in-force reinsurance (policies_in_force)

Individual life and annuity premiums (premiums_written)

No 10-Q data

Owned international buildings (properties)

Policyholder retention (retention)

No 10-K data

Leased international sq ft (square_footage)

No 10-Q data

Tier 1 risk-based capital ratio (tier1_capital)

Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

Demographics

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Workforce Breakdowns

No breakdown data found.

HCM Metrics — Point-in-Time

No point-in-time HCM metrics found.

HCM Metrics — Flow (Annual / YTD)

No flow HCM metrics found.

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2025-12-31acquisition_additioncompleted2025-12-302025-12-30GlobalMIM (MetLife Investment Management)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Headcount added through acquisition not disclosed; purchase consideration was $885 million cash.
2022-12-31divestiture_reductioncompleted2021-07-012022-04-30PolandEMEA segmentother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale completed April 2022; no headcount figure disclosed
2022-12-31divestiture_reductioncompleted2021-07-012022-01-31GreeceEMEA segmentother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale completed January 2022; no headcount figure disclosed
2022-12-31acquisition_additioncompleted2022-12-012022-12-31GlobalCorporate & Other — investment managementother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Completed December 2022; no headcount figure disclosed
2022-12-31acquisition_additioncompleted2022-02-012022-02-28IndiaAsia segmentother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired ~15% additional ownership raising stake to ~47%; equity-method investment, no headcount disclosed
2022-12-31acquisition_additionannounced2023-02-01United StatesCorporate & Other — alternative investmentsother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement entered February 2023, subsequent to fiscal year-end; subject to customary closing conditions
2021-12-31divestiture_reductioncompleted2020-12-112021-04-07United StatesU.S. segment — Property & Casualty businessdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale to Farmers Group, Inc. for $3.9 billion closed April 7, 2021; headcount not disclosed. Related gain of $1.4 billion ($1.0 billion after tax) recorded in net investment gains (losses)
2021-12-31divestiture_reductioncompleted2020-12-312021-01-31RussiaEMEA segmentdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale completed January 2021; headcount not disclosed. Loss of $133 million net of income tax recorded in 2020
2021-12-31divestiture_reductioncompleted2021-09-302021-09-30ArgentinaLatin America segmentdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale completed September 2021; headcount not disclosed. Loss of $205 million net of income tax recorded in 2021
2021-12-31divestiture_reductionin_progress2021-07-312022-06-30Poland and GreeceEMEA segmentUSD 214 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive agreements to sell to NN Group N.V. for $738 million total consideration announced July 2021; expected loss of $214 million net of income tax recorded in 2021. Greece sale completed January 2022 (subsequent event); Poland expected to close in first half of 2022. Headcount not disclosed
2021-12-31acquisition_additioncompleted2020-12-302020-12-30United StatesGroup BenefitsItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Versant Health, Inc. completed December 30, 2020. Headcount not explicitly disclosed.
2021-12-31divestiture_reductioncompleted2021-04-072021-04-07United StatesProperty & CasualtyItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Disposition of MetLife Property and Casualty Insurance Company completed April 2021. Headcount not explicitly disclosed.
2021-12-31restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-12-31restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-31restructuringin_progressGlobalCorporate & OtherUSD 0 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program: $0 new restructuring charges in 2020; $6M severance balance remaining at year-end. Cumulative severance charges since inception: $244M. Program charges were completed in December 2019.
2020-12-31acquisition_additioncompleted2020-12-302020-12-30United StatesU.S. segmentbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Versant Health (managed vision care) for $1.8B on December 30, 2020. Headcount added not disclosed.
2020-12-31acquisition_additioncompleted2020-01-31United StatesU.S. segmentMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Completed acquisition of PetFirst Healthcare, LLC (pet health insurance administrator) in January 2020. Headcount added not disclosed.
2020-12-31divestiture_reductionin_progress2020-12-312021-06-30United StatesU.S. segment — Property & Casualtydiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell MetLife P&C to Farmers Group for $3.9B in cash, announced December 2020. Expected to close Q2 2021. Headcount removed not disclosed.
2020-12-31divestiture_reductioncompleted2021-01-31RussiaEMEA segmentUSD 133 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell MetLife Russia entered December 2020; sale completed January 2021. Loss of $133M net of income tax recorded in 2020. Headcount removed not disclosed.
2020-12-31divestiture_reductioncompleted2020-10-31ArgentinaLatin America segmentUSD 162 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold MetLife Seguros de Retiro in October 2020. Loss of $162M net of income tax. Headcount removed not disclosed.
2020-12-31restructuringcompleted2019-12-312020-12-31GlobalCorporate & OtherUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Remaining restructuring charges related to unit cost improvement program incurred in Dec 2019; no new severance charges in 2020.
2020-12-31restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-12-31restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringcompleted2019-12-012020-09-30GlobalCorporate & OtherUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program restructuring charges incurred in December 2019. No new restructuring charges recorded in Q3 2020 or YTD 2020. Cash payments of $8M (Q3) and $47M (YTD) reduced the liability balance to $10M.
2020-09-30restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progress2019-12-01Corporate & OtherUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program. No new restructuring charges incurred in Q2 2020; $4 million cash payments made. Total severance charges since inception are $244 million.
2020-06-30restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progressUnited StatesCorporate & Otherrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program; remaining charges incurred Dec 2019. Q1 2020 severance rollforward: beginning balance $57M, cash payments $35M, ending balance $22M. No employee count or completion date disclosed.
2020-03-31restructuringin_progress2019-12-01GlobalCorporate & OtherUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program. No new charges incurred in Q1 2020; $35M cash payments made. Total severance charges since inception: $244M.
2020-03-31restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringcompleted2019-12-31GlobalCorporate & OtherUSD 108 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program; $108M severance charge in FY2019, $244M cumulative since inception. Remaining charges incurred in December 2019. Also $43M lease and asset impairment charges in 2019. Employees affected not disclosed.
2019-12-31restructuringcompleted2019-12-31GlobalCorporate & OtherUSD 244 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Cumulative severance charges incurred since inception of unit cost improvement initiative. Remaining restructuring charges incurred in Dec 2019.
2019-12-31restructuringcompleted2019-12-31GlobalCorporate & OtherUSD 43 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Lease and asset impairment charges recognized in 2019 related to unit cost improvement program.
2019-12-31restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 108,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-31restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 43,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringin_progress2016-01-012019-12-31GlobalEnterprise-wideUSD 61 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program commenced 2016; $61M severance charges in YTD 2019 ($40M in Q3 2019). Severance liability balance $47M at 2019-09-30. Employee headcount affected not disclosed. Management expects program to close by year-end 2019.
2019-09-30divestiture_reductionin_progress2019-06-012020-12-31Hong KongAsia segmentUSD 140 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited. $140M net-of-tax loss recorded YTD 2019. Headcount affected not disclosed. MetLife Hong Kong had $2.9B total assets in Asia segment.
2019-09-30restructuringin_progress2016-01-012019-12-31GlobalCorporate & OtherUSD 61 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program commenced in 2016. $61M restructuring charges incurred YTD 2019. Management expects to bring the program to a close by Dec 31, 2019. Employee count not disclosed.
2019-09-30restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 40,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progress20162019-12-31GlobalCorporate & Other (enterprise-wide unit cost improvement program)USD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance charges of $14M in Q2 2019 and $21M YTD 2019; severance liability balance $20M at June 30, 2019; $157M charged since 2016 inception. Filer states further charges expected through Dec 31, 2019 but plans were not sufficiently developed to estimate them. No employee counts disclosed.
2019-06-30divestiture_reductionannounced2019-062020Hong KongAsiaUSD 140 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited; $140M net-of-tax loss recorded (a $100M pre-tax loss in net investment gains including $75M allocated goodwill, plus a $40M net tax charge). Subsidiaries had $2.9B total assets at June 30, 2019. No headcount disclosed; close expected in 2020 subject to regulatory approvals.
2019-06-30restructuringin_progress2016-01-012019-12-31GlobalCorporate & OtherUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program commenced in 2016. Q2 2019 severance charges of $14M. Management anticipates further charges through year-end 2019 but plans were not sufficiently developed to estimate employee counts.
2019-06-30restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progress2016-01-01GlobalEnterprise-wideUSD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program commenced in 2016; $7M severance charge in Q1 2019; $17M severance balance at 2019-03-31; $143M cumulative charges since inception; further charges anticipated through 2019 but not estimable at quarter-end. Employee count not disclosed.
2019-03-31restructuringin_progress2019-12-31GlobalCorporate & OtherUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of unit cost improvement program commenced in 2016. Management anticipates further charges through year-end 2019 but plans were not sufficiently developed to estimate total charges.
2019-03-31restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progress2016-01-01GlobalEnterprise-wideUSD 63 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program commenced 2016; FY2018 severance restructuring charges of $63M. Cumulative charges since inception $136M through FY2018. Further charges anticipated in 2019 but not estimable at year-end. Employee headcount affected not disclosed.
2018-12-31restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 63,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progress2016-01-012019-12-31GlobalCorporate & OtherUSD 17 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program commenced in 2016. Q3 2018 charges were $17M. Total charges since inception $108M. Employee count not disclosed.
2018-09-30restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progress2016-01-012019-12-31GlobalCorporate & OtherUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program commenced in 2016. Q2 2018 severance charges were $9 million. Total restructuring charges incurred since inception were $91 million. Management anticipates further charges through year-end 2019 but could not estimate them at June 30, 2018. Employee count affected is not disclosed.
2018-06-30restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progress2019-12-31GlobalCorporate & OtherUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program. Management anticipates further charges through year-end 2019 but could not estimate total charges as of March 31, 2018.
2018-03-31restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31divestiture_reductioncompleted2017-08-042017-08-04United StatesBrighthouse Financial segmentdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Separation of Brighthouse Financial completed August 4, 2017; eliminated the Brighthouse Financial segment. Employee count not disclosed.
2017-12-31acquisition_additioncompleted2017-09-152017-09-15United StatesCorporate & Other — investment managementUSD 250 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Logan Circle Partners, L.P. for approximately $250 million cash; more than 100 institutional clients and more than $37 billion AUM. Employee count not disclosed.
2017-12-31restructuringin_progress2016-01-012019-12-31GlobalEnterprise-wideUSD 38 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program commenced 2016; $38M severance charge in FY2017 (cumulative $73M since inception). Management anticipates further charges through 2019. Employees affected not disclosed.
2017-12-31restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30divestiture_reductioncompleted2017-08-042017-08-04United StatesBrighthouse Financial (former Retail segment, portions of Corporate Benefit Funding and Corporate & Other)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Spin-off of Brighthouse Financial completed 2017-08-04; 96,776,670 shares distributed. Employee headcount impact not disclosed.
2017-09-30restructuringin_progress2019-12-31GlobalEnterprise-wide (Corporate & Other)USD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program commenced 2016; $25M severance charges YTD 2017 ($3M in Q3); $60M cumulative since inception. Employee count not disclosed. Management anticipates further charges through 2019.
2017-09-30acquisition_additioncompleted2017-09-152017-09-15United StatesInvestment management (Logan Circle Partners, L.P.)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Logan Circle Partners for ~$250M cash; >100 institutional clients and >$37B AUM. Employee headcount added not disclosed.
2017-09-30divestiture_reductionannounced2017-10-252018-06-30MexicoMetLife Afore (pension fund management)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell MetLife Afore to Principal Financial Group subsidiary; expected close H1 2018. Employee headcount impact not disclosed.
2017-09-30restructuringin_progress2016-01-012019-12-31GlobalCorporate & OtherUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program commenced in 2016. Q3 2017 severance charge of $3 million. Total restructuring charges incurred since inception are $60 million. Management anticipates further charges through 2019 but estimates are not sufficiently developed.
2017-09-30restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progress20162019-12-31GlobalEnterprise-wideUSD 22 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program commenced 2016; $22M severance charges in YTD 2017 (Q2: $11M). No employee count disclosed. Management anticipates further charges through 2019 but no estimate available at June 30, 2017.
2017-06-30divestiture_reductionin_progress2017-06-292017-08-04United StatesBrighthouse Financialsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Spin-off of Brighthouse Financial approved June 29, 2017; distribution date August 4, 2017. No employee count disclosed for workforce transferred with the spin-off.
2017-06-30restructuringin_progress2019-12-31GlobalCorporate & OtherUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program; 3-month period charge. Total YTD severance charge $22 million. Management anticipates further charges through 2019 but estimates not sufficiently developed.
2017-06-30restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progress20162019-12-31GlobalEnterprise-wide (reported in Corporate & Other)USD 11 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program commenced in 2016; $11M severance charge in Q1 2017, $46M cumulative since inception. No employee count disclosed. Management anticipates further charges through 2019.
2017-03-31restructuringin_progress2019-12-31GlobalCorporate & OtherUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Unit cost improvement program. Management anticipates further charges through 2019 but could not estimate total charges at March 31, 2017. Q1 2017 severance charge was $11 million.
2017-03-31restructuringin_progressOther Expense [Member] / Employee Severance [Member] / Unit Cost Initiative [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progress2016-01-012019-12-31GlobalCorporate & OtherUSD 35 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Unit cost improvement program announced in 2016; $35M primarily severance recorded in 2016. Management anticipates further charges through 2019 but could not estimate them at year-end.
2016-12-31divestiture_reductioncompleted2016-07-012016-07-31United StatesU.S. Retail Advisor Force / MetLife Premier Client Groupdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of U.S. retail advisor force and MetLife Securities to MassMutual for $291M completed July 2016; headcount transferred not disclosed.
2016-12-31divestiture_reductionannounced2016-01-12United StatesBrighthouse Financial (former Retail segment)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Planned spin-off of Brighthouse Financial; Form 10 filed October 2016. Headcount impact not disclosed.
2016-12-31restructuringin_progressOther Expense [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-12-31restructuringin_progressOther Expense [Member] / Unit Cost Initiative [Member]USD 35,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-12-31restructuringin_progressOther Expense [Member] / Employee Severance [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-12-31restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-06-30divestiture_reductioncompleted2016-07-012016-07-31United StatesRetail (U.S. Retail advisor force and MetLife Premier Client Group)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale to MassMutual of U.S. Retail advisor force and MetLife Securities, Inc. for $280M; no headcount disclosed
2016-06-30restructuringannounced2016-01-12United StatesRetail, Corporate Benefit Funding, Corporate & Other (planned Separation / Brighthouse Financial)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Planned separation of substantial Retail portion as Brighthouse Financial; segment reorganization from Q3 2016; no headcount disclosed
2016-06-30restructuringannounced2016-06-302019-12-31GlobalEnterprise-wideMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Unit cost initiative targeting ~$1B net pre-tax run-rate expense savings by end of 2019; no employee count disclosed
2016-06-30restructuringin_progress2016-01-12United StatesRetail, Corporate Benefit Funding, Corporate & OtherMD&A
f5-10q / Qwen3.6-27B-Q8_0
MetLife announced plan to separate substantial portion of Retail segment (Life & Other, Annuities) and portions of Corporate Benefit Funding and Corporate & Other. Note 3 mentions 'certain charges that were recorded during the three months and six months ended June 30, 2016' related to the U.S. Retail Advisor Force Divestiture to MassMutual, but does not disclose specific employee counts affected.
2016-03-31divestiture_reductionannounced2016-02-28United StatesRetail (U.S. Retail advisor force and MetLife Premier Client Group, including MetLife Securities, Inc.)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase agreement with MassMutual to acquire MetLife's U.S. Retail advisor force and related assets; purchase price approximately $300 million. No employee count disclosed. Company recorded charges to computer software and employee benefit plans (including postretirement plan curtailment charges per Note 11) in Q1 2016; amounts not quantified in the filing. Transaction subject to regulatory approval and other closing conditions.
2016-03-31restructuringin_progress2016-02-28United StatesRetailother
f5-10q / Qwen3.6-27B-Q8_0
MetLife entered into a purchase agreement with MassMutual to acquire the U.S. Retail advisor force and certain assets. The Company recorded charges to computer software and employee benefit plans related to the transaction.
2015-12-31restructuringin_progress2012GlobalEnterprise-wideUSD 64 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2015 charges of $64M ($60M severance, $4M lease/asset impairment); $22M accrual remaining at year-end; $429M cumulative since 2012 program inception; further charges of $5-10M expected through 2016. Employees affected not disclosed.
2015-12-31otherannounced2016-01-12United StatesRetail; portions of Corporate Benefit Funding and Corporate & Othersubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Post-year-end announcement of plan to pursue separation of a substantial portion of the Retail segment via public offering, spin-off, or sale; no headcount impact disclosed.
2015-12-31restructuringin_progressOther Expense [Member]USD 64,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-12-31restructuringin_progressOther Expense [Member] / Employee Severance [Member]USD 60,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-12-31restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-12-31restructuringin_progress2012-01-012016-12-31GlobalEnterprise-wideUSD 91 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative commenced 2012; $91M charge in FY2014 (severance $83M, lease/asset impairment $8M); $37M accrual balance at year-end; cumulative $365M since inception; further charges anticipated through 2016 but not estimable at year-end.
2014-12-31restructuringin_progressOther Expense [Member]USD 91,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-12-31restructuringin_progressOther Expense [Member] / Employee Severance [Member]USD 83,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-12-31restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progress2012-01-012016-12-31GlobalEnterprise-wideUSD 53 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative commenced in 2012; $53M charged in 9M 2014 ($46M severance, $7M lease/asset impairment); cumulative $328M since inception; further charges expected through 2016 but not estimable at 9/30/2014. No employee count disclosed.
2014-09-30restructuringin_progress2016-12-31GlobalCorporate & OtherUSD 22 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide strategic initiative. Q3 2014 charges: $20M severance, $2M lease/asset impairment. Total YTD 2014 charges: $53M ($46M severance, $7M lease/asset). Management anticipates further charges through 2016 but estimates are not sufficiently developed.
2014-09-30restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-30restructuringin_progressOther Expense [Member]USD 53,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-30restructuringin_progressOther Expense [Member] / Employee Severance [Member]USD 46,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progress2012-01-012016-12-31GlobalEnterprise-wideUSD 31 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative commenced in 2012. Six months ended June 30, 2014 charges: $31M ($26M severance, $5M lease/asset impairment). Cumulative since inception: $306M ($267M severance, $39M lease/asset impairment). No employee headcount disclosed. Further charges expected through 2016; not sufficiently developed to estimate.
2014-06-30restructuringin_progress2016-12-31GlobalCorporate & OtherUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2014 charges for enterprise-wide strategic initiative. Employee count not disclosed.
2014-06-30restructuringin_progress2016-12-31GlobalCorporate & OtherUSD 31 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2014 charges for enterprise-wide strategic initiative. Employee count not disclosed.
2014-06-30restructuringin_progressOther Expense [Member] / Employee Severance [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressOther Expense [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progress2015-12-31GlobalCorporate & OtherUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide strategic initiative. Charges include severance ($12M) and lease/asset impairment ($1M). Employee count not disclosed.
2014-03-31restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressOther Expense [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressOther Expense [Member] / Employee Severance [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progress2012-01-012015-12-31GlobalEnterprise-wideUSD 115 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative commenced 2012; 2013 charges of $115M ($99M severance, $16M lease/asset impairment); $46M accrued at year-end; further charges expected through 2015; employee count not disclosed
2013-12-31acquisition_additioncompleted2013-10-012013-10-01ChileLatin Americabusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Administradora de Fondos de Pensiones Provida S.A. for $1.9B; headcount added not disclosed
2013-12-31divestiture_reductioncompleted2013-01-112013-08-30United StatesCorporate & Other (MetLife Bank)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
MetLife Bank divestiture completed during 2013; deposits sold Jan 2013, mortgage servicing wound down, bank merged into MLHL Aug 2013; headcount removed not disclosed
2013-12-31divestiture_reductionannounced2014-02-142014-06-30GlobalCorporate & OtherUSD 370 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell MetLife Assurance Limited; expected charge of $350M-$390M net of tax in Q1 2014; headcount not disclosed
2013-12-31restructuringcompleted2013GlobalCorporate & OtherUSD 29 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Part of enterprise-wide strategic initiative; majority of $29M restructuring charge related to severance.
2013-12-31acquisition_additioncompleted2013-10-01ChileLatin AmericaMD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of ProVida, largest private pension fund administrator in Chile.
2013-12-31restructuringin_progressOther Expense [Member] / Employee Severance [Member]USD 99,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31restructuringin_progressOther Expense [Member]USD 115,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progress2012-01-012015-12-31GlobalEnterprise-wideUSD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative commenced in 2012. YTD 2013 charges: $51M severance, $14M lease/asset impairment. Q3 2013 charges: $14M severance, $2M lease/asset impairment. Cumulative charges since inception: $224M. No employee headcount affected disclosed. Management anticipates further charges through 2015 but could not estimate amounts at Sept 30, 2013.
2013-09-30restructuringin_progress2010-11-01GlobalCorporate & Other — ALICO integrationUSD 115 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Integration-related costs for ALICO acquisition: $115M for nine months ended Sept 30, 2013 ($25M in Q3 2013), down from $239M YTD 2012. Costs include consulting and IT integration. No employee headcount affected disclosed.
2013-09-30divestiture_reductionin_progress2013-01-11United StatesCorporate & Other — MetLife Bankother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MetLife Bank divestiture: deposit sale completed Jan 2013, bank deregistered Feb 2013, merged into MLHL Aug 2013. Net losses of $96M (YTD) and $22M (Q3) recorded. Additional charges of $40-65M expected. No employee headcount disclosed.
2013-09-30restructuringin_progress2012-01-012015-12-31GlobalCorporate & OtherUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide strategic initiative. Q3 2013 charges: $14M severance, $2M lease/asset impairment. Total charges since inception: $224M. Employee count not disclosed.
2013-09-30restructuringin_progress2012-01-012015-12-31GlobalCorporate & OtherUSD 65 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide strategic initiative. YTD 2013 charges: $51M severance, $14M lease/asset impairment. Employee count not disclosed.
2013-09-30restructuringin_progressOther Expense [Member] / Employee Severance [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-09-30restructuringin_progressOther Expense [Member] / Facility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-09-30restructuringin_progressOther Expense [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progress2012-01-012015-12-31GlobalEnterprise-wideUSD 49 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative focused on cost reduction and efficiency. $49M charged in six months ended June 30, 2013 ($16M in Q2). Primarily severance-related. No employee count disclosed. Further charges expected through 2015 but not yet estimable.
2013-06-30divestiture_reductionin_progress2013-01-11United StatesCorporate & Other (MetLife Bank)USD 74 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MetLife Bank divestiture: deposit sale completed Jan 11, 2013; bank deregistered as bank holding company. Net losses of $74M (six months 2013) related to exit. No employee count disclosed. Additional charges of $65-90M expected.
2013-06-30acquisition_additionannounced2013-02-012013-12-31ChileLatin Americaother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pending acquisition of Administradora de Fondos de Pensiones Provida S.A., Chile's largest private pension fund administrator. Purchase price approximately $2.1 billion. Expected to close Q4 2013. No headcount disclosed.
2013-06-30restructuringin_progress2012-01-012015-12-31GlobalCorporate & OtherUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide strategic initiative commenced in 2012. Q2 2013 charges were $16M. Total charges since inception are $208M. Management anticipates further charges through 2015 but could not estimate them at June 30, 2013. Employee count affected not disclosed.
2013-06-30restructuringin_progress2012-01-012015-12-31GlobalCorporate & OtherUSD 49 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2013 charges for the enterprise-wide strategic initiative were $49M. Employee count affected not disclosed.
2013-06-30restructuringin_progressUSD 49,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progress2012-01-012014-12-31GlobalEnterprise-wideUSD 33 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative commenced in 2012; charges primarily severance-related. $192M cumulative since inception. No employee count disclosed. Further charges expected through 2014 but not estimable at March 31, 2013.
2013-03-31divestiture_reductionin_progress2013-01-11United StatesMetLife Bankother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of MetLife Bank's $6.4B deposits completed January 11, 2013; bank exiting substantially all operations. Additional charges of $80M–$105M (net of tax) expected. No employee count disclosed.
2013-03-31restructuringin_progress2014-12-31GlobalCorporate & OtherUSD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide strategic initiative. Charges primarily related to severance. Management anticipates further charges through Dec 31, 2014 but could not estimate total at March 31, 2013.
2013-03-31restructuringin_progressUSD 33,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progress2012-01-012014-12-31GlobalEnterprise-wideUSD 159 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative commenced 2012; charges primarily severance-related; further charges expected through 2014 but not estimable at year-end; $136M cash paid during 2012, $23M balance at 12/31/2012
2012-12-31restructuringin_progress2010-11-012013-03-31GlobalCorporate & Other (ALICO integration)USD 10 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
ALICO integration restructuring; $10M charge in FY2012; program finalized with remaining payments expected by 2013-03-31; cumulative charges since inception $66M
2012-12-31restructuringin_progress20122014-12-31GlobalEnterprise-wideUSD 159 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Enterprise-wide strategic initiative commenced in 2012. $159 million in charges incurred in 2012, primarily related to severance. Management anticipates further charges through 2014 but did not estimate them at year-end.
2012-12-31restructuringcompleted2010-11-012013-03-31GlobalALICO IntegrationUSD 10 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Restructuring program associated with ALICO Acquisition integration. $10 million in charges incurred in 2012. Program finalized with remaining payments expected by March 31, 2013.
2012-12-31restructuringin_progressUSD 159,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-12-31restructuringin_progressAmerican Life Insurance Company Alico And Delaware American Life Insurance Delam [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progress2012-01-012014-12-31GlobalEnterprise-wideUSD 101 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative; $101M charged in nine months ended 2012-09-30; further charges anticipated through 2014 but not estimable at quarter-end. No employee count disclosed.
2012-09-30restructuringin_progress2011-01-012013-03-31GlobalCorporate & Other (ALICO integration)USD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Restructuring tied to ALICO acquisition integration; $10M charged in nine months ended 2012-09-30; $66M cumulative since inception. No employee count disclosed.
2012-09-30divestiture_reductionin_progress2012-01-01United StatesMetLife Bank — depository, mortgage origination and servicing businessesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MetLife Bank exiting depository, forward/reverse mortgage origination and servicing; forward mortgage servicing sale to JPMorganChase announced 2012-11-02. No employee count disclosed.
2012-09-30restructuringin_progress2013-03-31GlobalCorporate & OtherUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
ALICO integration restructuring program. $1M charge in Q3 2012. Remaining payments expected by March 31, 2013. Employee count not disclosed.
2012-09-30restructuringin_progress2014-12-31GlobalCorporate & OtherUSD 54 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide strategic initiative. $54M charge in Q3 2012 ($101M YTD). Includes severance, lease and asset impairments. Employee count not disclosed. Plans not sufficiently developed to estimate total charges.
2012-09-30restructuringin_progressUSD 101,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-09-30restructuringin_progressAmerican Life Insurance Company Alico And Delaware American Life Insurance Delam [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressGlobalCorporate & OtherUSD 47 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide strategic initiative with severance charges of $47M YTD 2012; further charges expected through 2014 but not estimable at quarter-end.
2012-06-30restructuringin_progressGlobalCorporate & OtherUSD 9 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
ALICO integration restructuring charges of $9M YTD 2012; further charges expected through 2013 but not estimable at quarter-end.
2012-06-30restructuringin_progress2013-12-31GlobalCorporate & OtherUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
ALICO integration restructuring charges incurred in current period. Management anticipates further charges through year ended Dec 31, 2013, but plans not sufficiently developed to estimate total.
2012-06-30restructuringin_progress2014-12-31GlobalCorporate & OtherUSD 47 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide strategic initiative. Total restructuring charges incurred since inception. Management anticipates further charges through year ending Dec 31, 2014, but plans not sufficiently developed to estimate total.
2012-06-30othercompleted2012-06-292012-06-29United StatesMetLife BankUSD 67 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of majority of MetLife Bank's reverse mortgage servicing rights and related assets/liabilities. Resulted in a loss on disposal of $67 million, net of income tax. Employee count not disclosed.
2012-03-31restructuringin_progress2013-12-31Corporate & OtherUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charges related to ALICO acquisition integration. Management anticipates further charges through year-end 2013 but plans are not sufficiently developed to estimate total charges.
2012-03-31otherin_progressCorporate & OtherUSD 18 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Employee-related costs associated with the Company's reorganization.
2011-12-31restructuringin_progress2013-12-31GlobalCorporate & OtherUSD 46 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
ALICO integration restructuring plans; $46M charged in 2011, $56M cumulative since inception. Management anticipates further charges through 2013 but plans not sufficiently developed to estimate.
2011-12-31restructuringcompleted2008-09-012011-12-31GlobalCorporate & OtherUSD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide cost reduction and revenue enhancement initiative begun September 2008, fully implemented by December 31, 2011. $1M charged in 2011; $194M cumulative since inception.
2011-12-31acquisition_additioncompleted2010-11-012010-11-01InternationalJapan and Other International Regionsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
ALICO acquisition completed November 1, 2010; headcount added not separately disclosed. Integration-related costs of $362M incurred in 2011.
2011-12-31divestiture_reductionin_progress2011-12-012012-06-30United StatesCorporate & Other (MetLife Bank)USD 212 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of most of MetLife Bank depository business; $212M net-of-tax charges in 2011 including OTTI, hedge de-designation, goodwill impairment, and employee-related charges. Additional $90-110M expected in 2012 for forward mortgage exit.
2011-12-31divestiture_reductionin_progress2011-11-012012-06-30Caribbean, Panama, Costa RicaOther International RegionsUSD 21 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell Caribbean Business insurance operations; $21M net-of-tax loss recorded in 2011 including intent-to-sell OTTI charges.
2011-09-30restructuringin_progress2013-12-31GlobalBanking, Corporate & OtherUSD 31 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs related to the integration of ALICO. Management anticipates further charges through 2013 but plans are not sufficiently developed to estimate total charges. Nine months ended Sept 30, 2011 charges were $31 million.
2011-06-30restructuringin_progressGlobalBanking, Corporate & OtherUSD 24 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
ALICO integration restructuring; $24M charges in six months ended June 30, 2011; $9M balance at period end; $34M cumulative since inception. Filer states plans are not sufficiently developed to estimate further charges. No employee count disclosed.
2011-06-30restructuringin_progress2011-12-31GlobalBanking, Corporate & OtherUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charges incurred in current period. Management anticipates further charges through year-end but plans are not sufficiently developed to estimate employee counts.
2011-06-30restructuringin_progress2011-12-31GlobalBanking, Corporate & OtherUSD 24 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD restructuring charges incurred. Includes severance, contract termination costs and other associated costs.
2011-03-31restructuringin_progress2011-12-31GlobalBanking, Corporate & OtherUSD 17 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance-related restructuring charge for Q1 2011 tied to ALICO integration; cumulative charges since inception $27M, cash payments $14M, accrual balance $13M at 2011-03-31. Number of employees affected not disclosed. Further charges anticipated through 2011 but not estimable at quarter-end.
2011-03-31acquisition_additioncompleted2010-11-012010-11-01GlobalJapan; Other International Regionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of American Life Insurance Company and DelAm completed 2010-11-01 for $16.4B. Headcount added through acquisition not disclosed in this filing.
2011-03-31divestiture_reductionin_progress2011-12-31TaiwanOther International Regionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell MetLife Taiwan Insurance Company Limited for $180M; expected close no later than 2011-12-31. Headcount removed not disclosed.
2011-03-31divestiture_reductioncompleted2011-04-01JapanOther International Regionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of 50% interest in Mitsui Sumitomo MetLife Insurance Co., Ltd. closed 2011-04-01 for $267M. Headcount removed not disclosed.
2011-03-31restructuringin_progress2011-12-31Banking, Corporate & OtherUSD 17 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance-related restructuring charge associated with termination of certain employees in connection with ALICO integration. Total severance charges since inception were $27 million. Employee count not disclosed.
2010-12-31restructuringin_progress2010-11-012011-12-31GlobalInternational (ALICO)USD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance-related restructuring charge of $4 million recognized in 2010 associated with ALICO integration. Management anticipates further charges through 2011 but estimates were not sufficiently developed at year-end.
2010-12-31acquisition_additioncompleted2010-11-012010-11-01Global (US, Western Europe, Japan, Eastern Europe, Latin America, Middle East)Internationalother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Completed acquisition of American Life Insurance Company and Delaware American Life Insurance Company (Alico); filing does not disclose associated headcount added. Consideration included $7.2 billion cash, common stock, convertible preferred stock and $3.0 billion Equity Units.
2010-09-30restructuringin_progress2008-09-012010-12-31GlobalEnterprise-wideUSD 14 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide cost reduction and revenue enhancement initiative begun September 2008; $191M total charges since inception; $14M incurred in nine months ended 2010-09-30; no employee count disclosed; further charges anticipated in Q4 2010 but not estimable at quarter-end.
2010-09-30acquisition_additionannounced12,5002010-11-012010-11-01Global (more than 50 countries)Internationalsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of ALICO and DelAm closed 2010-11-01 (after quarter-end); Alico Business includes 12,500 employees across more than 50 countries and 20 million customers; headcount not yet reflected in reported workforce totals.
2010-09-30restructuringin_progress2008-09-012010-12-31Enterprise-wideBanking, Corporate & OtherUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide cost reduction initiative. Q3 2010 charges included $2M severance and -$3M estimate changes. Total charges since inception $191M. No employee count disclosed for this period.
2010-06-30restructuringin_progress2008-09-012010-12-31GlobalEnterprise-wideUSD 15 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Operational Excellence cost reduction initiative begun Sept 2008; $15M severance charges in 6M 2010; no employee count disclosed. Total charges since inception $192M. Additional charges expected in 2010 but not estimable at quarter-end.
2010-06-30restructuringin_progress2008-09-012010-12-31GlobalEnterprise-wideUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide cost reduction initiative begun in Sept 2008. Q2 2010 severance charges were $2M. Total charges since inception $192M. Employee count affected not disclosed in this filing.
2010-03-31restructuringin_progress2008-09-012010-12-31GlobalEnterprise-wide (charges recorded in Banking, Corporate & Other)USD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Operational Excellence cost reduction initiative begun September 2008. Q1 2010 severance charges $11M plus $2M estimate change; $24M cash payments; $25M accrual balance at quarter end. No employee headcount disclosed. Additional restructuring charges expected in 2010 but not estimable at March 31, 2010.
2010-03-31acquisition_additionannounced2010-03-072010-12-31GlobalInsurance (Alico / Delaware American Life)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Stock purchase agreement to acquire Alico and Delaware American Life for $6.8B cash plus stock and equity units. No headcount of acquired employees disclosed. $27M transaction costs incurred in Q1 2010.
2010-03-31divestiture_reductionannounced2010-04-192010-12-31TaiwanInternational — MetLife Taiwan Insurance Company Limitedsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Definitive agreement to sell MetLife Taiwan for approximately $113M cash. Total equity of MetLife Taiwan was $218M at March 31, 2010. No headcount disclosed.
2010-03-31restructuringin_progress2008-09-012010-12-31Enterprise-wideBanking, Corporate & OtherUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide cost reduction initiative initiated in September 2008. Q1 2010 incurred $13M in severance charges. Total charges since inception are $190M. Employee count affected not disclosed.
2009-12-31restructuringin_progress2008-09-012010-12-31GlobalBanking, Corporate & Other (enterprise-wide)USD 76 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide cost reduction and revenue enhancement initiative begun September 2008, expected fully implemented by December 31, 2010. FY2009 charges of $76M (severance $84M less $8M estimate change, plus $28M lease charges less $2M cash payments). Cumulative charges since inception $177M. Severance liability balance at year-end $36M. Employee headcount affected not disclosed. Further charges expected in 2010 but not estimable at filing date.
2009-12-31divestiture_reductioncompleted2008-12-312009-03-02United StatesInsurance Products (Texas Life Insurance Company / Cova Corporation)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Cova Corporation (parent of Texas Life Insurance Company) completed March 2, 2009 for $130M cash. Net assets sold $101M; gain on disposal $28M net of tax. Headcount removed not disclosed.
2009-12-31divestiture_reductioncompleted2009-10-302009-10-30CanadaInternational (MetLife Canada)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Disposal through assumption reinsurance of substantially all insurance business of MetLife Canada to a third-party. Consideration $259M; gain of $5M net of tax. Headcount removed not disclosed.
2009-12-31plant_closurein_progress2008-12-31United States (New York)Banking, Corporate & Other (office consolidation)USD 52 (millions)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Lease impairment charge of $52M in 2009 (and $38M in 2008) from moving operations from Long Island City to Manhattan and inability to sublet unused space. Approximately 180,000 sq ft available for sublease in Long Island City and 68,000 sq ft in Manhattan. Headcount impact not disclosed.
2009-09-30restructuringin_progress2008-09-012010-12-31GlobalEnterprise-wideUSD 45 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide cost reduction and revenue enhancement initiative begun September 2008. Q3 2009 restructuring charges were $45M (severance $34M, contract termination $11M); YTD charges $82M. Severance liability $48M and contract termination liability $11M at 2009-09-30. No employee count disclosed. Charges recorded in Corporate & Other segment.
2009-09-30restructuringin_progress2008-12-01ArgentinaInternationalrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance costs related to Argentine government nationalization of private pension business in December 2008. Liability of $1M at 2009-09-30 (down from $3M at 2008-12-31). $2M paid during nine months ended 2009-09-30. No employee count disclosed.
2009-09-30restructuringin_progress2008-09-012010-12-31Enterprise-wideCorporate & OtherUSD 45 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide cost reduction and revenue enhancement initiative. Q3 2009 charges included $34M severance and $11M contract termination costs. Total liability at quarter-end was $59M.
2009-09-30restructuringin_progress2008-12-01ArgentinaInternationalrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance costs associated with the termination of employees following the Argentine government's nationalization of the private pension business. Liability of $1M at quarter-end.
2009-06-30restructuringin_progress2008-09-012010-12-31GlobalEnterprise-wideUSD 37 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide cost reduction and revenue enhancement initiative begun September 2008; $16M charge in Q2 2009, $37M YTD; $36M severance liability at quarter-end; $138M total since inception; no employee count disclosed.
2009-06-30restructuringin_progress2008-12-01ArgentinaInternationalrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance costs from Argentine government nationalization of private pension business; $1M liability at June 30, 2009; $2M paid during six months ended June 30, 2009; no employee count disclosed.
2009-06-30restructuringin_progress2008-09-012010-12-31Enterprise-wideCorporate & OtherUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide cost reduction and revenue enhancement initiative. Q3 2009 severance charges were $16 million. YTD 2009 severance charges were $37 million. Total restructuring charges since inception were $138 million. Employee count affected is not disclosed.
2009-06-30restructuringcompleted2008-12-012009-06-30ArgentinaInternationalrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance costs related to the nationalization of the private pension business in Argentina. Q3 2009 payments were $1 million. YTD 2009 payments were $2 million. Liability decreased from $3 million to $1 million. Employee count affected is not disclosed.
2009-03-31restructuringin_progress2008-01-01GlobalEnterprise-wideUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Enterprise-wide cost reduction and revenue enhancement initiative; $22M severance charges less $1M reserve reduction in Q1 2009; $68M cash payments; liability of $39M at quarter-end; no employee count disclosed; further charges expected in 2009-2010 but not estimable at March 31, 2009
2009-03-31restructuringin_progress2008-12-01ArgentinaInternationalrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance costs related to Argentine government nationalization of private pension business in December 2008; $2M liability at March 31, 2009; $1M paid during Q1 2009; no employee count disclosed
2009-03-31restructuringin_progressCorporate & OtherUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Enterprise-wide cost reduction initiative; severance charges of $22M offset by $1M reserve reduction. Total restructuring charges incurred were $21M. Employee count not disclosed.
2009-03-31restructuringin_progressArgentinaInternationalrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance costs related to nationalization of private pension business. Liability decreased from $3M to $2M due to $1M payments. Employee count not disclosed.
2008-12-31restructuringin_progress2008-04-012010-12-31GlobalEnterprise-wideUSD 101 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Operational Excellence initiative; $101M charge in FY2008 primarily severance for workforce reductions. $86M liability balance at year-end. Additional charges expected in 2009 and 2010 but not estimable at Dec 31, 2008. Employee count not disclosed.
2008-12-31divestiture_reductioncompleted2008-09-122008-09-12GlobalReinsurance (RGA)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Tax-free split-off of Reinsurance Group of America (RGA) completed Sep 12, 2008; Reinsurance segment eliminated. Headcount impact not disclosed.
2008-12-31divestiture_reductionannounced2008-12-312009-03-31United StatesIndividual (Texas Life / Cova)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell Cova Corporation (parent of Texas Life Insurance Company) reached in Q4 2008; expected to close early 2009. Headcount impact not disclosed.
2008-12-31acquisition_additioncompleted2008-12-312008-12-31GlobalInstitutional, International, Corporate & Other (MetLife Bank)USD 783 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Five acquisitions completed in 2008 for $783M total consideration. Added dental/vision benefits (Institutional), mortgage origination/servicing (MetLife Bank), and Mexico/Brazil presence (International). Headcount added not disclosed.
2008-12-31restructuringin_progress20072010-12-31GlobalCorporate & OtherUSD 101 (millions)Item_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Enterprise-wide cost reduction and revenue enhancement initiative. 2008 charge primarily related to severance costs associated with workforce reductions. Additional charges expected in 2009 and 2010.
2008-09-30restructuringin_progress2008-04-012010-12-31GlobalCorporate & OtherUSD 73 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Operational Excellence initiative launched April 2008; initial accrual for post-employment related expenses of $73 million recognized in Q3 2008. No employee count disclosed.
2008-09-30divestiture_reductioncompleted2008-09-122008-09-12GlobalReinsurance segment (RGA)USD 458 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tax-free split-off of Reinsurance Group of America (RGA) completed September 12, 2008, eliminating the Reinsurance segment. Loss on disposition of $458 million. No employee count disclosed.
2008-09-30restructuringin_progressGlobalCorporate & OtherUSD 73 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Post-employment related costs from an enterprise-wide cost reduction and revenue enhancement initiative. Employee count not disclosed.
2007-12-31restructuringcompleted1,0002005-07-012006-12-31Domestic and InternationalTravelers IntegrationUSD 49 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reduction of approximately 1,000 domestic and international Travelers positions completed in December 2006. Initial liability recorded was $49 million.
2006-12-31restructuringcompleted1,0002006-12-31Domestic and InternationalTravelers integrationUSD 44 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Travelers integration restructuring; approximately 1,000 positions targeted for reduction, completed December 2006. Cash payments of $24M in 2006 and $20M in 2005; restructuring liability balance was $0 at 2006-12-31. Charge was recorded as liabilities assumed in the purchase business combination ($49M at acquisition).
2006-12-31acquisition_additioncompleted2005-07-012005-07-01United States and InternationalInstitutional, Individual, International, Corporate & Otherbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Travelers acquisition completed 2005-07-01 for $12.1B; headcount added not separately disclosed. Results included from 2005-07-01 onward.
2006-12-31restructuringcompleted1,0002005-07-012006-12-31Domestic and InternationalTravelers IntegrationUSD 49 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reduction of approximately 1,000 domestic and international Travelers positions as part of integration. Completed in December 2006. Initial liability assumed was $49 million, reduced by $4 million in 2006 due to lower severance estimates.
2006-09-30restructuringin_progress1,0002006-12-31Domestic and InternationalTravelers (acquired business)USD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Restructuring plan to reduce approximately 1,000 Travelers employee positions as part of integration; accrued restructuring costs of $7M at 9/30/06 (down from $28M at 12/31/05); cash payments of $5M in Q3 and $21M YTD 2006; estimate unchanged from prior period.
2006-09-30restructuringin_progress1,0002005-07-012006-12-31Domestic and InternationalTravelers IntegrationUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan to reduce positions of approx. 1,000 domestic and international Travelers employees. Accrued restructuring costs of $7 million at Sept 30, 2006 (down from $28 million at Dec 31, 2005). Cash payments of $5 million in Q3 2006 and $21 million YTD 2006.
2006-06-30restructuringin_progress1,0002006-12-31Domestic and internationalTravelers acquisition integrationUSD 12 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,000 Travelers employees targeted for reduction as part of integration. Accrued restructuring costs of $12M at 2006-06-30 (vs $28M at 2005-12-31). Cash payments of $9M in Q2 and $16M YTD. Decreases to estimates adjust goodwill; increases recorded as operating expenses.
2006-06-30restructuringin_progress1,0002005-07-012006-12-31Domestic and InternationalTravelers IntegrationUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan to reduce approx. 1,000 Travelers employees. Accrued costs of $12M at June 30, 2006 (down from $28M at Dec 31, 2005). Includes severance, relocation, and outplacement.
2006-03-31restructuringin_progress1,0002006-12-31Domestic and internationalTravelers (acquired business)USD 21 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Integration restructuring for Travelers acquisition; accrued restructuring costs of $21M at 3/31/06 include severance, relocation, and outplacement. Cash payments of ~$7M made in Q1 2006. Plan covers ~1,000 domestic and international Travelers employees.
2006-03-31restructuringin_progress1,0002005-07-012006-12-31Domestic and InternationalTravelers IntegrationUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plans to reduce approximately 1,000 domestic and international Travelers employees expected to be completed by December 2006. Accrued restructuring costs of $21 million at March 31, 2006, including severance, relocation and outplacement services.
2005-12-31restructuringin_progress1,0002005-07-012006-12-31Domestic and internationalTravelers (acquired operations)USD 48 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Integration-related reduction of approximately 1,000 Travelers employees; total estimated restructuring costs of $48 million including severance, relocation, and outplacement. $49M accrued at acquisition date, $20M paid in H2 2005, $28M remaining at year-end.
2005-12-31acquisition_additioncompleted2005-07-012005-07-01United States and internationalInstitutional, Individual, Internationalbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of The Travelers Insurance Company and Citigroup international insurance businesses for $12.0 billion; specific employee count added not disclosed in filing.
2005-12-31divestiture_reductioncompleted2005-01-312005-01-31United StatesAsset Management (SSRM Holdings)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of SSRM Holdings for $328 million; employee count removed not disclosed.
2005-12-31divestiture_reductioncompleted2005-09-292005-09-29IndonesiaInternationaldiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of P.T. Sejahtera (MetLife Indonesia); employee count removed not disclosed.
2005-12-31restructuringin_progress1,0002005-07-012006-12-31Domestic and InternationalTravelers IntegrationUSD 48 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Reduction of approximately 1,000 domestic and international Travelers employees as part of integration. Total estimated restructuring costs of $48 million.
2005-09-30restructuringin_progress1,0002005-07-012006-12-31Domestic and InternationalTravelers (acquired operations)USD 49 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,000 Travelers employees targeted for reduction as part of integration. $49M accrued at acquisition date; $13M paid in Q3 2005; $36M remaining at quarter-end. Recorded as liabilities assumed in purchase accounting.
2005-09-30acquisition_additioncompleted2005-07-01United States and InternationalTravelers Insurance Company and Citigroup international insurance businessesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Travelers completed July 1, 2005 for $12.0 billion; specific employee headcount added not disclosed in filing.
2005-09-30acquisition_additioncompleted2005-09-01United StatesIndividual Segment (retirement plans and annuity distribution)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired CitiStreet Associates for approximately $56 million; headcount added not disclosed. Integration with MetLife Resources expected complete by January 1, 2006.
2005-09-30divestiture_reductioncompleted2005-09-29IndonesiaInternational Segmentother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of P.T. Sejahtera (MetLife Indonesia) completed September 29, 2005; headcount removed not disclosed.
2005-09-30divestiture_reductioncompleted2005-01-31United StatesAsset Management (eliminated as a segment)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of SSRM Holdings completed January 31, 2005 for $328 million; headcount removed not disclosed. Asset Management segment eliminated.
2005-09-30restructuringin_progress1,0002005-07-012006-12-31Domestic and InternationalTravelers OperationsUSD 49 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan to reduce approximately 1,000 domestic and international Travelers employees as part of integration. Total estimated costs $49 million including severance, relocation, and outplacement.
2004-12-31plant_closurecompletedUnited StatesInstitutionalUSD 12 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Closing of one disability claims center; $12 million expense disclosed without employee count
2004-12-31divestiture_reductioncompleted2004-07-012005-01-31United StatesCorporate & Other (Asset Management)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of SSRM Holdings completed 2005-01-31 for $328 million; no headcount disclosed
2003-12-31restructuringcompleted2003-Q4United StatesCorporate / All SegmentsMD&A
f5-10k / Qwen3.6-27B-Q8_0
Fourth quarter actions included lease terminations, office consolidations and closures, and asset impairments. Specific employee count not disclosed.
2003-12-31restructuringcompleted2003United StatesNew England FinancialMD&A
f5-10k / Qwen3.6-27B-Q8_0
Severance costs and expenses associated with strategic initiatives at New England Financial contributed to expense increases. Specific employee count not disclosed.
2003-09-30restructuringin_progress1342001-10-012003-12-31United StatesInstitutionalrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Remaining terminations from a Q4 2001 program targeting ~930 positions total; 134 still pending at quarter-end. Remaining liability of $32M for Institutional segment (business exit and facilities costs).
2003-09-30restructuringcompleted7502001-10-012003-06-30United StatesIndividualrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2001 program: ~560 non-sales and ~190 operations/technology positions. All terminations completed prior to June 30, 2003. Remaining liability of $10M relates to contractual obligations extending beyond one year.
2003-09-30restructuringcompleted2002001-10-012002-12-31United StatesAuto & Homerestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2001 program. All terminations completed prior to December 31, 2002. No remaining liability.
2003-09-30restructuringin_progress1342001-10-012003-12-31United StatesInstitutionalUSD 32 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining terminations from Q4 2001 initiative. Liability includes business exit costs.
2003-09-30restructuringcompleted2001-10-012003-06-30United StatesIndividualUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
All terminations completed prior to June 30, 2003. Remaining liability due to contractual obligations.
2003-09-30restructuringcompleted2001-10-012002-12-31United StatesAuto & Homerestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
All terminations completed prior to December 31, 2002.
2003-06-30restructuringin_progress2352001-12-312003-12-31United StatesInstitutionalUSD 34 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Original program eliminated ~930 positions total; 235 terminations remaining as of 2003-06-30. Remaining liability $34M for business exit costs. Charges from exiting 401(k) recordkeeping and guaranteed index separate accounts.
2003-06-30restructuringcompleted2001-12-312003-06-30United StatesIndividualUSD 11 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Eliminated approximately 560 non-sales positions and 190 operations/technology positions (no combined total disclosed). All terminations completed as of 2003-06-30. Remaining $11M liability for facilities consolidation contractual obligations extending beyond one year.
2003-06-30restructuringcompleted2002001-12-312002-12-31United StatesAuto & HomeUSD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All terminations completed as of 2002-12-31. Original pre-tax charge $3M for severance and severance-related costs.
2003-06-30restructuringin_progress2352001-10-012003-12-31Institutionalrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining terminations from Q4 2001 exit plan; expected completion by Dec 31, 2003.
2003-06-30restructuringcompleted5602001-10-012003-06-30Individualrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Non-sales positions eliminated; all terminations completed as of June 30, 2003.
2003-06-30restructuringcompleted1902001-10-012003-06-30Individualrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Operations and technology positions supporting Individual segment; all terminations completed as of June 30, 2003.
2003-06-30restructuringcompleted2002001-10-012002-12-31Auto & Homerestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Positions eliminated; all terminations completed as of December 31, 2002.
2003-03-31restructuringin_progress9302001-12-31United StatesInstitutionalUSD 399 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Charges recorded Q4 2001 for exiting 401(k) recordkeeping and guaranteed index separate accounts; approximately 330 terminations remaining as of 2003-03-31; remaining liability $36M
2003-03-31restructuringin_progress7502001-12-31United StatesIndividualUSD 97 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 560 non-sales and 190 operations/technology positions; approximately 20 terminations remaining as of 2003-03-31; remaining liability $17M
2003-03-31restructuringcompleted2002001-12-312002-12-31United StatesAuto & HomeUSD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All terminations completed as of 2002-12-31; no remaining liability
2003-03-31restructuringin_progress3302001-10-01Institutionalrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Terminations to be completed in connection with business exit activities; exit plan could not be completed within one year.
2003-03-31restructuringin_progress202001-10-01Individualrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Terminations to be completed; remaining liability due to contractual obligations extending beyond one year.
2002-12-31restructuringin_progress9302001-10-01United StatesInstitutionalUSD 399 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charges recorded Q4 2001; approximately 340 terminations remaining as of Dec 31, 2002; $40M remaining liability; driven by exit from large-market 401(k) business
2002-12-31restructuringin_progress7502001-10-01United StatesIndividualUSD 97 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charges recorded Q4 2001; 560 non-sales and 190 operations/technology positions; approximately 25 terminations remaining as of Dec 31, 2002; $18M remaining liability
2002-12-31restructuringcompleted2002001-10-012002-12-31United StatesAuto & HomeUSD 3 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charges recorded Q4 2001; all terminations completed as of Dec 31, 2002; $0 remaining liability
2002-12-31acquisition_additioncompleted2002-06-012002-06-30MexicoInternationalbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Aseguradora Hidalgo S.A., Mexico's largest life insurer, with approximately $2.5B in assets; headcount not disclosed
2002-12-31plant_closurecompletedPhilippinesInternationalItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Company closed its Philippine operation during 2002; headcount not disclosed
2002-12-31plant_closureannounced2002-12-01PolandInternationalItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
MetLife announced exit from Polish market in December 2002 based on diminished growth and profitability prospects; headcount not disclosed
2002-12-31restructuringin_progress9302001-10-01United StatesInstitutionalUSD 399 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Initiated in Q4 2001. Institutional segment: 930 positions to be eliminated. Total pre-tax charges $399M ($9M severance, $3M facilities, $387M business exit). As of Dec 31, 2002, 340 terminations remained to be completed.
2002-12-31restructuringin_progress7502001-10-01United StatesIndividualUSD 97 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Initiated in Q4 2001. Individual segment: 560 non-sales and 190 operations/technology positions eliminated. Total pre-tax charges $97M ($32M severance, $65M facilities). As of Dec 31, 2002, 25 terminations remained to be completed.
2002-12-31restructuringcompleted2002001-10-012002-12-31United StatesAuto & HomeUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Initiated in Q4 2001. Auto & Home segment: 200 positions eliminated. Total pre-tax charges $3M (severance). All terminations completed as of Dec 31, 2002.
2002-09-30restructuringin_progress3002001-10-01United StatesMultiple segmentsUSD 499 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated Q4 2001; 1,400 total anticipated terminations, approximately 300 remaining as of 2002-09-30. Total expense $499M (severance $44M, facilities $68M, business exit $387M); remaining liability $142M.
2002-09-30restructuringin_progress2002-07-01United StatesAsset ManagementMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Third quarter 2002 staff reductions in Asset Management segment; severance-related expenses noted but no employee count or charge disclosed.
2002-09-30restructuringin_progress3002001-10-01USD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining terminations from Q4 2001 initiative. Original total was 1,400 terminations.
2002-09-30restructuringin_progress2001-10-01USD 32 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining facilities costs from Q4 2001 initiative.
2002-09-30restructuringin_progress2001-10-01USD 85 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining business exit costs from Q4 2001 initiative.
2002-09-30othercompleted2002-07-162002-07-31other
f5-10q / Qwen3.6-27B-Q8_0
Separation of James M. Benson, effective July 31, 2002. Agreement dated July 16, 2002.
2002-06-30restructuringin_progress1,4002001-12-31USD 499 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Program initiated in Q4 2001; 1,400 anticipated terminations, approximately 700 completed as of June 30, 2002. Total 2001 expense of $499M (severance $44M, facilities $68M, business exit $387M); remaining liability of $158M at June 30, 2002. Announcement date approximate (Q4 2001).
2002-06-30restructuringin_progress7002001-10-01USD 33 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Approximately 700 of the 1,400 anticipated terminations from Q4 2001 initiatives had been completed as of June 30, 2002. Remaining liability for severance was $33 million.
2001-12-31restructuringin_progress450United StatesInstitutionalUSD 399 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Implemented Q4 2001; involves exiting 401(k) recordkeeping and externally-managed guaranteed index separate accounts; includes goodwill write-off, severance, and facility consolidation; charge is pre-tax; portion of activity continues into 2002
2001-12-31restructuringin_progress750United StatesIndividualUSD 97 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Implemented Q4 2001; comprises approximately 560 non-sales positions and 190 operations and technology positions; includes facility consolidation and severance; charge is pre-tax; portion of activity continues into 2002
2001-12-31restructuringin_progress200United StatesAuto & HomeUSD 3 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Implemented Q4 2001; severance and related costs; charge is pre-tax; portion of activity continues into 2002
2001-12-31plant_closureannounced2002-022002-06-30PhilippinesInternationalItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Closing of Philippine operation announced February 2002, after fiscal year-end; headcount not disclosed
2001-12-31restructuringcompleted4502001-10-012001-12-31United StatesInstitutionalUSD 399 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges include write-off of goodwill, severance, and facility consolidation costs resulting from discontinuance of certain 401(k) recordkeeping services and externally-managed guaranteed index separate accounts.
2001-12-31restructuringcompleted7502001-10-012001-12-31United StatesIndividualUSD 97 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges include facility consolidation, severance, and related expenses stemming from elimination of approximately 560 non-sales positions and 190 operations and technology positions.
2001-12-31restructuringcompleted2002001-10-012001-12-31United StatesAuto & HomeUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges include severance and related costs associated with the elimination of approximately 200 positions.
2001-09-30restructuringannounced1,6002001-10-22United StatesIndividual, Institutional, and Auto & Home segmentsUSD 281 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reduction of approximately 1,600 non-sales employees; charge of $281M is net of $158M income taxes, to be recorded in Q4 2001. Includes discontinuance of Institutional stand-alone 401(k) recordkeeping and externally managed guaranteed index separate accounts.
2001-09-30restructuringannounced1,6002001-10-22Individual, Institutional, and Auto & Home segments; non-sales employeesUSD 281 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Reduction of approximately 1,600 non-sales employees. Charges of $281 million (net of $158 million tax) expected in Q4 2001. Includes employees associated with discontinued 401(k) recordkeeping services.
2000-12-31acquisition_additioncompleted2000-01-062000-01-06United StatesIndividual Business; Reinsurance; Asset Managementbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of GenAmerica for $1.2 billion; no headcount added disclosed. GenAmerica included General American Life Insurance Company, 49% of RGA, and 61% of Conning.
2000-12-31acquisition_additioncompleted2000-04-012000-04-01United StatesAsset Managementbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired remaining Conning shares for $73 million; no headcount added disclosed.
2000-12-31acquisition_additioncompleted2000-07-012000-07-01United StatesInstitutional BusinessMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired workplace benefits division of Business Men's Assurance Company; no headcount added disclosed.
2000-12-31divestiture_reductioncompleted2000-10-302000-10-30United StatesAsset Managementdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of 48% ownership interest in Nvest L.P. and Nvest Companies L.P.; resulted in $663 million investment gain; no headcount removed disclosed.