Analyzing MetLife’s Corporate and Other Division
The division witnessed a rise in its total operating revenue from $263 million in the first nine months of 2016 to $351 million in the first nine months of 2017. The sources of the division’s operating earnings available to common shareholders consist of other business activities, incremental tax benefits or expenses, other net investment income, corporate initiatives and projects, interest expenses on debt, preferred stock dividends, and other sources. The contribution from other business activities rose from -$6 million in the first nine months of 2016 to $12 million in the first nine months of 2017.