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Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings (Deficit)
Treasury Stock at Cost
Accumulated Other Comprehensive Income (Loss)
Brighthouse Financial, Inc.’s Stockholders’ Equity
Noncontrolling Interests
Cumulative Effect, Adjustment
Cumulative Effect, Adjustment
Retained Earnings (Deficit)
Cumulative Effect, Adjustment
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Adjustment
Brighthouse Financial, Inc.’s Stockholders’ Equity
Cumulative Effect, Adjusted Balance
Cumulative Effect, Adjusted Balance
Preferred Stock
Cumulative Effect, Adjusted Balance
Common Stock
Cumulative Effect, Adjusted Balance
Additional Paid-in Capital
Cumulative Effect, Adjusted Balance
Retained Earnings (Deficit)
Cumulative Effect, Adjusted Balance
Treasury Stock at Cost
Cumulative Effect, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Adjusted Balance
Brighthouse Financial, Inc.’s Stockholders’ Equity
Cumulative Effect, Adjusted Balance
Noncontrolling Interests
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ 14,483               $ 65                          
Beginning Balance at Dec. 31, 2018   $ 0 $ 1 $ 12,473 $ 1,346 $ (118) $ 716 $ 14,418                            
Preferred stock issuance 412 0   412       412                            
Treasury stock acquired in connection with share repurchases (188)         (188)   (188)                            
Share-based compensation 8     8       8                            
Dividends on preferred stock (7)       (7)     (7)                            
Change in noncontrolling interests (2)             0 (2)                          
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders         (353)     (353) 2                          
Net income (loss) (351)                                          
Other comprehensive income (loss), net of income tax 1,986           1,986 1,986                            
Ending Balance at Jun. 30, 2019   0 1 12,893 986 (306) 2,702 16,276                            
Beginning Balance at Dec. 31, 2018   0 1 12,473 1,346 (118) 716 14,418                            
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders 316                                          
Net income (loss) 334                                          
Ending Balance at Sep. 30, 2019   0 1 12,897 1,662 (432) 3,567 17,695                            
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 16,341               65                          
Beginning Balance at Jun. 30, 2019   0 1 12,893 986 (306) 2,702 16,276                            
Treasury stock acquired in connection with share repurchases (126)         (126)   (126)                            
Share-based compensation 4     4       4                            
Dividends on preferred stock (7)       (7)     (7)                            
Change in noncontrolling interests (2)             0 (2)                          
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders 676       683     683 2                          
Net income (loss) 685                                          
Other comprehensive income (loss), net of income tax 865           865 865                            
Ending Balance at Sep. 30, 2019   0 1 12,897 1,662 (432) 3,567 17,695                            
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 17,760               65                          
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 16,237               65 $ (11)                        
Beginning Balance at Dec. 31, 2019 16,172 0 1 12,908 585 (562) 3,240 16,172     $ (14) $ 3 $ (11)                  
Preferred stock issuance 390 0   390       390                            
Treasury stock acquired in connection with share repurchases (322)         (322)   (322)                            
Share-based compensation 6   0 9   (3)   6                            
Dividends on preferred stock (14)       (14)     (14)                            
Change in noncontrolling interests (2)             0 (2)                          
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders         2,966     2,966 2                          
Net income (loss) 2,968                                          
Other comprehensive income (loss), net of income tax 1,722           1,722 1,722                            
Ending Balance at Jun. 30, 2020   0 1 13,307 3,523 (887) 4,965 20,909             $ 0 $ 1 $ 12,908 $ 571 $ (562) $ 3,243 $ 16,161  
Beginning Balance at Dec. 31, 2019 16,172 0 1 12,908 585 (562) 3,240 16,172     $ (14) $ 3 $ (11)                  
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders (60)                                          
Net income (loss) (25)                                          
Ending Balance at Sep. 30, 2020 18,266 0 1 13,314 511 (941) 5,381 18,266                            
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 20,974               65         $ 16,226               $ 65
Beginning Balance at Jun. 30, 2020   0 1 13,307 3,523 (887) 4,965 20,909             $ 0 $ 1 $ 12,908 $ 571 $ (562) $ 3,243 $ 16,161  
Treasury stock acquired in connection with share repurchases (54)         (54)   (54)                            
Share-based compensation 7     7       7                            
Dividends on preferred stock (17)       (17)     (17)                            
Change in noncontrolling interests (2)             0 (2)                          
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders (3,012)       (2,995)     (2,995) 2                          
Net income (loss) (2,993)                                          
Other comprehensive income (loss), net of income tax 416           416 416                            
Ending Balance at Sep. 30, 2020 18,266 $ 0 $ 1 $ 13,314 $ 511 $ (941) $ 5,381 $ 18,266                            
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ 18,331               $ 65