2012 2011 2010 Revenues Premiums ...................................................................... $37,975 $36,361 $27,071 Universal life and investment-type product policy fees ..................................... 8,556 7,806 6,028 Net investment income ............................................................ 21,984 19,585 17,493 Other revenues .................................................................. 1,906 2,532 2,328 Net investment gains (losses): ....................................................... Other-than-temporary impairments on fixed maturity securities ............................ (346) (924) (682) Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income (loss) ................................................................ 29 (31) 212 Other net investment gains (losses) ................................................. (35) 88 62 Total net investment gains (losses) ................................................ (352) (867) (408) Net derivative gains (losses) ....................................................... (1,919) 4,824 (265) Total revenues ............................................................ 68,150 70,241 52,247 Expenses Policyholder benefits and claims ..................................................... 37,987 35,471 29,187 Interest credited to policyholder account balances ....................................... 7,729 5,603 4,919 Policyholder dividends ............................................................. 1,369 1,446 1,485 Goodwill impairment .............................................................. 1,868 — — Other expenses .................................................................. 17,755 18,537 12,927 Total expenses ............................................................ 66,708 61,057 48,518 Income (loss) from continuing operations before provision for income tax ...................... 1,442 9,184 3,729 Provision for income tax expense (benefit) .............................................. 128 2,793 1,110 Income (loss) from continuing operations, net of income tax ................................ 1,314 6,391 2,619 Income (loss) from discontinued operations, net of income tax .............................. 48 24 44 Net income (loss) ................................................................. 1,362 6,415 2,663 Less: Net income (loss) attributable to noncontrolling interests .............................. 38 (8) (4) Net income (loss) attributable to MetLife, Inc. ........................................... 1,324 6,423 2,667 Less: Preferred stock dividends ..................................................... 122 122 122 Preferred stock redemption premium ............................................. — 146 — Net income (loss) available to MetLife, Inc.’s common shareholders .......................... $ 1,202 $ 6,155 $ 2,545 Income (loss) from continuing operations, net of income tax, available to MetLife, Inc.’s common shareholders per common share: Basic ......................................................................... $ 1.08 $ 5.79 $ 2.83 Diluted ....................................................................... $ 1.08 $ 5.74 $ 2.81 Net income (loss) available to MetLife, Inc.’s common shareholders per common share: Basic ......................................................................... $ 1.12 $ 5.81 $ 2.88 Diluted ....................................................................... $ 1.12 $ 5.76 $ 2.86 Cash dividends declared per common share ............................................ $ 0.74 $ 0.74 $ 0.74 MetLife, Inc. Consolidated Statements of Operations For the Years Ended December 31, 2012, 2011 and 2010 (In millions, except per share data) See accompanying notes to the consolidated financial statements. MetLife, Inc. 78