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Equity (Tables)
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Schedule of Dividend Payment Restrictions [Table Text Block]
The table below sets forth the dividends permitted to be paid by the Company’s insurance companies without insurance regulatory approval and dividends paid:
 
 
2019
 
2018
 
2017
Company
 
Permitted Without Approval (1)
 
Paid (2)
 
Paid (2)
 
 
(In millions)
Brighthouse Life Insurance Company
 
$
798

 
$
—

 
$
—

Brighthouse Life Insurance Company of NY
 
$
27

 
$
—

 
$
—

______________ 
(1)
Reflects dividend amounts that may be paid during 2019 without prior regulatory approval. However, because dividend tests may be based on dividends previously paid over rolling 12-month periods, if paid before a specified date during 2019, some or all of such dividends may require regulatory approval.
(2)
Reflects all amounts paid, including those requiring regulatory approval.
Schedules of statutory net income, capital and surplus and reserve strengthening by subsidiary
Statutory capital and surplus was as follows at:
 
 
December 31,
Company
 
2018
 
2017
 
 
(In millions)
Brighthouse Life Insurance Company
 
$
6,731

 
$
5,594

Brighthouse Life Insurance Company of NY
 
$
279

 
$
294

Statutory net income (loss) was as follows:
 
 
 
 
Years Ended December 31,
Company
 
State of Domicile
 
2018
 
2017
 
2016
 
 
 
 
(In millions)
Brighthouse Life Insurance Company
 
Delaware
 
$
(1,104
)
 
$
(425
)
 
$
1,186

Brighthouse Life Insurance Company of NY
 
New York
 
$
19

 
$
22

 
$
(87
)
Components of Accumulated Other Comprehensive Income (Loss)
Information regarding changes in the balances of each component of AOCI was as follows:
 
Unrealized
Investment Gains
(Losses), Net of
Related Offsets (1)
 
Unrealized Gains
(Losses) on Derivatives
 
Foreign
Currency
Translation
Adjustments
 
Total
 
(In millions)
Balance at December 31, 2015
$
1,379

 
$
241

 
$
(26
)
 
$
1,594

OCI before reclassifications
(565
)
 
70

 
(3
)
 
(498
)
Deferred income tax benefit (expense)
185

 
(25
)
 
—

 
160

AOCI before reclassifications, net of income tax
999

 
286

 
(29
)
 
1,256

Amounts reclassified from AOCI
30

 
(43
)
 
—

 
(13
)
Deferred income tax benefit (expense)
(10
)
 
15

 
—

 
5

Amounts reclassified from AOCI, net of income tax
20

 
(28
)
 
—

 
(8
)
Balance at December 31, 2016
1,019

 
258

 
(29
)
 
1,248

OCI before reclassifications
529

 
(152
)
 
9

 
386

Deferred income tax benefit (expense)
(206
)
 
54

 
(3
)
 
(155
)
AOCI before reclassifications, net of income tax
1,342

 
160

 
(23
)
 
1,479

Amounts reclassified from AOCI
61

 
(14
)
 
—

 
47

Deferred income tax benefit (expense) (2)
306

 
5

 
—

 
311

Amounts reclassified from AOCI, net of income tax
367

 
(9
)
 
—

 
358

Balance at December 31, 2017
1,709

 
151

 
(23
)
 
1,837

Cumulative effect of change in accounting principle and other, net of income tax (see Note 1)
(79
)
 
—

 
—

 
(79
)
Balance, January 1, 2018
1,630

 
151

 
(23
)
 
1,758

OCI before reclassifications
(1,534
)
 
156

 
(4
)
 
(1,382
)
Deferred income tax benefit (expense)
327

 
54

 
1

 
382

AOCI before reclassifications, net of income tax
423

 
361

 
(26
)
 
758

Amounts reclassified from AOCI
179

 
(134
)
 
—

 
45

Deferred income tax benefit (expense)
(38
)
 
(47
)
 
—

 
(85
)
Amounts reclassified from AOCI, net of income tax
141

 
(181
)
 
—

 
(40
)
Balance at December 31, 2018
$
564

 
$
180

 
$
(26
)
 
$
718

__________________
(1)
See Note 7 for information on offsets to investments related to future policy benefits, DAC, VOBA and DSI.
(2)
Includes the $330 million impact of the Tax Act related to unrealized investments gains (losses), net of related offsets. See Note 1 for more information.
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Information regarding amounts reclassified out of each component of AOCI was as follows:
AOCI Components
 
Amounts Reclassified from AOCI
 
Consolidated Statements of Operations Locations
 
 
Years Ended December 31,
 
 
 
 
2018
 
2017
 
2016
 
 
 
 
(In millions)
 
 
Net unrealized investment gains (losses):
 
 
 
 
 
 
 
 
Net unrealized investment gains(losses)
 
$
(178
)
 
$
(15
)
 
$
(39
)
 
Net investment gains (losses)
Net unrealized investment gains (losses)
 
1

 
1

 
3

 
Net investment income
Net unrealized investment gains (losses)
 
(2
)
 
(47
)
 
6

 
Net derivative gains (losses)
Net unrealized investment gains (losses), before income tax
 
(179
)
 
(61
)
 
(30
)
 
 
Income tax (expense) benefit
 
38

 
(306
)
 
10

 
 
Net unrealized investment gains (losses), net of income tax
 
(141
)
 
(367
)
 
(20
)
 
 
Unrealized gains (losses) on derivatives - cash flow hedges:
 
 
 
 
 
 
 
 
Interest rate swaps
 
98

 
—

 
33

 
Net derivative gains (losses)
Interest rate swaps
 
3

 
3

 
3

 
Net investment income
Interest rate forwards
 
31

 
—

 
2

 
Net derivative gains (losses)
Interest rate forwards
 
2

 
3

 
2

 
Net investment income
Foreign currency swaps
 
—

 
8

 
3

 
Net derivative gains (losses)
Gains (losses) on cash flow hedges, before income tax
 
134

 
14

 
43

 
 
Income tax (expense) benefit
 
47

 
(5
)
 
(15
)
 
 
Gains (losses) on cash flow hedges, net of income tax
 
181

 
9

 
28

 
 
Total reclassifications, net of income tax
 
$
40

 
$
(358
)
 
$
8