What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to update MetLife's 2016 Annual Report to reflect the accounting impact of the separation of its subsidiary, Brighthouse Financial, Inc. This includes reclassifying Brighthouse's operations as discontinued.

How does the separation of Brighthouse affect MetLife's financial statements?

The separation of Brighthouse has resulted in its financial results being presented as discontinued operations within MetLife's consolidated financial statements. This means Brighthouse's assets, liabilities, and income/loss are now reported separately from MetLife's continuing operations. However, the filing states this had no impact on MetLife's total consolidated assets, liabilities, or net income.

Which parts of the 2016 Annual Report are being revised?

The filing indicates that the following sections of the 2016 Annual Report are being revised: Part II, Item 6 (Selected Financial Data); Part II, Item 7 (Management’s Discussion and Analysis of Financial Condition and Results of Operations); Part II, Item 7A (Quantitative and Qualitative Disclosures about Market Risk); and Part II, Item 8 (Financial Statements and Supplementary Data).

Where can I find the revised financial information?

The revised sections are provided as Exhibit 99.1 to this Current Report on Form 8-K and are incorporated by reference. Investors should refer to this exhibit for the updated disclosures and read it alongside MetLife's other SEC filings, including their most recent Form 10-Q.

METLIFE INC 8-K SEC Disclosure

Summary

This 8-K filing by MetLife, Inc. (MET) on November 20, 2017, primarily serves to update its previously filed 2016 Annual Report (10-K) to reflect the impact of the separation of Brighthouse Financial, Inc. (Brighthouse). The separation, which occurred on August 4, 2017, resulted in the classification of Brighthouse's results as discontinued operations within MetLife's consolidated financial statements. Investors should note that while Brighthouse's financial performance is now reported separately, this reclassification did not alter MetLife's total consolidated assets, liabilities, or net income for the periods presented. However, specific sections of the 2016 Annual Report, including Selected Financial Data, Management's Discussion and Analysis (MD&A), Market Risk Disclosures, and Financial Statements, have been revised in their entirety and are provided as an exhibit to this filing. Investors should consult these revised sections and MetLife's subsequent filings (like the Q3 2017 10-Q) for the most current information.

Key Highlights

1MetLife, Inc. is filing an 8-K to update its 2016 Annual Report following the separation of Brighthouse Financial, Inc.
2The separation of Brighthouse was completed via a distribution of shares to MetLife shareholders on August 4, 2017.
3Brighthouse's financial results are now classified as discontinued operations within MetLife's consolidated financial statements.
4This reclassification of Brighthouse as discontinued operations had no impact on MetLife's total consolidated assets, liabilities, or net income.
5Specific sections of the 2016 Annual Report (Selected Financial Data, MD&A, Market Risk, Financial Statements) have been revised and are included as an exhibit.
6The revised sections are intended to supersede the corresponding portions of the original 2016 Annual Report.
7Investors are advised to read this filing in conjunction with MetLife's subsequent filings, particularly the Q3 2017 Form 10-Q, for the most up-to-date information.

METLIFE INC 8-K Report, Corporate Update (Nov 20, 2017)

Summary

Key Highlights

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