Company research
METROPOLITAN LIFE INSURANCE CO
CIK 937834Updated Nov 11, 2026
Filing activity
Latest filing
50 filings on record · 10-Q, 8-K, 497J, 497, 497VPU, 485BPOS.
Recent filings
10-Q filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
497J filing
497J filing
497 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 383,516,000,000Source | 369,796,000,000Source | 378,685,000,000Source | 385,840,000,000Source |
| Property, Plant and Equipment | — | — | — | — |
| GoodwillUSD | 117,000,000Source | — | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,392,000,000Source | 7,271,000,000Source | 6,795,000,000Source | 9,405,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 268,000,000Source | 340,000,000Source | 416,000,000Source | 498,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 368,981,000,000Source | 355,362,000,000Source | 365,069,000,000Source | 371,471,000,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 5,000,000Source | 5,000,000Source | 5,000,000Source | 5,000,000Source |
| Additional Paid in CapitalUSD | 12,475,000,000Source | 12,475,000,000Source | 12,475,000,000Source | 12,476,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 6,677,000,000Source | 7,444,000,000Source | 7,645,000,000Source | 10,572,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -5,236,000,000Source | -5,994,000,000Source | -6,872,000,000Source | -8,896,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 13,921,000,000Source | 13,930,000,000Source | 13,253,000,000Source | 14,157,000,000Source |
| Liabilities and EquityUSD | 383,516,000,000Source | 369,796,000,000Source | 378,685,000,000Source | 385,840,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | 0Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 614,000,000Source | 504,000,000Source | 363,000,000Source | 212,000,000Source |
| Additional Financial Items | ||||
| Long-term DebtUSD | 1,045,000,000Source | 1,553,000,000Source | 1,887,000,000Source | 1,676,000,000Source |
| Short-term InvestmentsUSD | 2,221,000,000Source | 2,391,000,000Source | 3,048,000,000Source | 2,759,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 1,559,000,000Source | 3,485,000,000Source | 1,135,000,000Source | 3,271,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | -106,000,000Source | 34,000,000Source | -321,000,000Source | 305,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 8,971,000,000Source | 6,530,000,000Source | 4,835,000,000Source | 4,667,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,158,000,000Source | 1,869,000,000Source | 167,000,000Source | 3,498,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -122,000,000Source | -49,000,000Source | -41,000,000Source | -19,000,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -4,698,000,000Source | -7,918,000,000Source | -7,614,000,000Source | -8,710,000,000Source |
| Dividends paidUSD | — | — | 2,500,000,000Source | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 109,000,000Source | 96,000,000Source | -2,000,000Source | -57,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,121,000,000Source | 476,000,000Source | -2,610,000,000Source | -552,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 8,392,000,000Source | 7,271,000,000Source | 6,795,000,000Source | 9,405,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 107,000,000Source | 126,000,000Source | 131,000,000Source | 102,000,000Source |
| Income Taxes Paid, NetUSD | 549,000,000Source | 495,000,000Source | 374,000,000Source | 344,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 12,000,000Source | 13,000,000Source | 15,000,000Source | 17,000,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -301,000,000Source | -303,000,000Source | -193,000,000Source | -159,000,000Source |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously RecordedUSD | 125,000,000Source | 50,000,000Source | 40,000,000Source | 130,000,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | -384,000,000Source | -470,000,000Source | -301,000,000Source | -752,000,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 263,000,000Source | 277,000,000Source | -296,000,000Source | 143,000,000Source |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, AmortizationUSD | 265,000,000Source | 279,000,000Source | 298,000,000Source | 144,000,000Source |
| DepreciationUSD | 89,000,000Source | 95,000,000Source | 81,000,000Source | — |
| Equity Securities, FV-NI, Gain (Loss)USD | -5,000,000Source | -15,000,000Source | 5,000,000Source | 6,000,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -26,000,000Source | 24,000,000Source | -2,000,000Source | -6,000,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 21,000,000Source | -39,000,000Source | 7,000,000Source | 12,000,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -70,000,000Source | 33,000,000Source | -61,000,000Source | 97,000,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -1,141,000,000Source | -106,000,000Source | -1,537,000,000Source | 472,000,000Source |
| Gain (Loss) on InvestmentsUSD | -992,000,000Source | -450,000,000Source | -1,375,000,000Source | -127,000,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | -32,000,000Source | 26,000,000Source | 18,000,000Source | 72,000,000Source |
| Gain (Loss) on Sale of Mortgage LoansUSD | — | — | -2,000,000Source | — |
| Gain (Loss) on Disposition of Other AssetsUSD | -79,000,000Source | 44,000,000Source | -45,000,000Source | 137,000,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | -419,000,000Source | -180,000,000Source | -174,000,000Source | -42,000,000Source |
| Gain (Loss) on Termination of LeaseUSD | 9,000,000Source | 15,000,000Source | 26,000,000Source | 33,000,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | -10,000,000Source | 229,000,000Source | 102,000,000Source | 561,000,000Source |
| General and Administrative ExpenseUSD | 2,601,000,000Source | 2,535,000,000Source | 2,799,000,000Source | 2,743,000,000Source |
| GoodwillUSD | 117,000,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 786,000,000Source | 548,000,000Source | 51,000,000Source | 625,000,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | -509,000,000Source | -481,000,000Source | -1,098,000,000Source | -890,000,000Source |
| Income Tax Expense (Benefit)USD | 255,000,000Source | 776,000,000Source | 60,000,000Source | 639,000,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 20,806,000,000Source | 20,107,000,000Source | 19,997,000,000Source | 21,226,000,000Source |
| Market Risk Benefit, Change in Fair Value, Gain (Loss)USD | 319,000,000Source | 932,000,000Source | 703,000,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | 1,565,000,000Source | 3,494,000,000Source | 1,094,000,000Source | 3,243,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -6,000,000Source | -9,000,000Source | 41,000,000Source | 28,000,000Source |
| Operating ExpensesUSD | 5,456,000,000Source | 5,679,000,000Source | 5,785,000,000Source | 5,555,000,000Source |
| Operating Lease, Lease IncomeUSD | 167,000,000Source | 157,000,000Source | — | — |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 0Source | 210,000,000Source | 64,000,000Source |
| Realized Investment Gains (Losses)USD | -301,000,000Source | -288,000,000Source | -193,000,000Source | -146,000,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 21,000,000Source | -36,000,000Source | 1,000,000Source | -3,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 43,310,000,000Source | 41,915,000,000Source | 36,349,000,000Source | 45,360,000,000Source |
| Operating Income (Loss)USD | — | 3,374,000,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 1,814,000,000Source | 4,261,000,000Source | 1,195,000,000Source | 3,910,000,000Source |
| Income Tax Expense (Benefit)USD | 255,000,000Source | 776,000,000Source | 60,000,000Source | 639,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -6,000,000Source | -9,000,000Source | 41,000,000Source | 28,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,565,000,000Source | 3,494,000,000Source | 1,094,000,000Source | 3,243,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 12,000,000Source | 13,000,000Source | 15,000,000Source | 17,000,000Source |
| Benefits, Losses and ExpensesUSD | 41,496,000,000Source | 37,654,000,000Source | 35,154,000,000Source | 41,450,000,000Source |
| Current Income Tax Expense (Benefit)USD | 361,000,000Source | 742,000,000Source | 381,000,000Source | 334,000,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -301,000,000Source | -303,000,000Source | -193,000,000Source | -159,000,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 263,000,000Source | 277,000,000Source | -296,000,000Source | 143,000,000Source |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, AmortizationUSD | 265,000,000Source | 279,000,000Source | 298,000,000Source | 144,000,000Source |
| Cost, Direct Tax and LicenseUSD | 376,000,000Source | 451,000,000Source | 377,000,000Source | 342,000,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -26,000,000Source | 24,000,000Source | -2,000,000Source | -6,000,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -70,000,000Source | 33,000,000Source | -61,000,000Source | 97,000,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -1,141,000,000Source | -106,000,000Source | -1,537,000,000Source | 472,000,000Source |
| Gain (Loss) on InvestmentsUSD | -992,000,000Source | -450,000,000Source | -1,375,000,000Source | -127,000,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | -10,000,000Source | 229,000,000Source | 102,000,000Source | 561,000,000Source |
| General and Administrative ExpenseUSD | 2,601,000,000Source | 2,535,000,000Source | 2,799,000,000Source | 2,743,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 1,701,000,000Source | 4,113,000,000Source | 1,176,000,000Source | 3,876,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 786,000,000Source | 548,000,000Source | 51,000,000Source | 625,000,000Source |
| Interest Expense, DebtUSD | 104,000,000Source | 122,000,000Source | 132,000,000Source | 104,000,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 20,806,000,000Source | 20,107,000,000Source | 19,997,000,000Source | 21,226,000,000Source |
| Market Risk Benefit, Change in Fair Value, Gain (Loss)USD | 319,000,000Source | 932,000,000Source | 703,000,000Source | — |
| Net Investment IncomeUSD | 11,611,000,000Source | 11,635,000,000Source | 11,206,000,000Source | 10,122,000,000Source |
| Operating ExpensesUSD | 5,456,000,000Source | 5,679,000,000Source | 5,785,000,000Source | 5,555,000,000Source |
| Operating Lease, Lease IncomeUSD | 167,000,000Source | 157,000,000Source | — | — |
| Other ExpensesUSD | — | — | 5,473,000,000Source | 5,491,000,000Source |
| Other IncomeUSD | 1,722,000,000Source | 1,775,000,000Source | 1,673,000,000Source | 1,698,000,000Source |
| Realized Investment Gains (Losses)USD | -301,000,000Source | -288,000,000Source | -193,000,000Source | -146,000,000Source |
| Selling and Marketing ExpenseUSD | 1,969,000,000Source | 2,181,000,000Source | 2,098,000,000Source | 2,290,000,000Source |
Filing attachments
mlic-20251231xex41.htm · 10-K · 2026-03-11
Exhibit 4.1 DESCRIPTION OF REGISTRANT’S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 The following description of Metropolitan Life Insurance Company’s securities registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is a summary and does not purport to be complete. It is qualified in its entirety by reference to our amended and restated charter and our amended and restated by-laws, each of which we hav…
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