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Segment Information (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Segment Reporting Information, by Segment
 
 
Operating Results
Three Months Ended March 31, 2019
 
Annuities
 
Life
 
Run-off
 
Corporate & Other
 
Total
 
 
(In millions)
Pre-tax adjusted earnings
 
$
347

 
$
25

 
$
(46
)
 
$
(66
)
 
$
260

Provision for income tax expense (benefit)
 
63

 
5

 
(10
)
 
(20
)
 
38

Post-tax adjusted earnings
 
284

 
20

 
(36
)
 
(46
)
 
222

Less: Net income (loss) attributable to noncontrolling interests
 

 

 

 

 

Adjusted earnings
 
$
284

 
$
20

 
$
(36
)
 
$
(46
)
 
222

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
(10
)
Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(1,310
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
85

Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
259

Net income (loss) attributable to Brighthouse Life Insurance Company
 
 
 
 
 
 
 
 
 
$
(754
)
 
 
 
 
 
 
 
 
 
 
 
Interest revenue
 
$
418

 
$
82

 
$
276

 
$
12

 
 
Interest expense
 
$

 
$

 
$

 
$
10

 
 
 
 
Operating Results
Three Months Ended March 31, 2018
 
Annuities
 
Life
 
Run-off
 
Corporate & Other
 
Total
 
 
(In millions)
Pre-tax adjusted earnings
 
$
255

 
$
64

 
$
64

 
$
(17
)
 
$
366

Provision for income tax expense (benefit)
 
44

 
12

 
13

 
(9
)
 
60

Post-tax adjusted earnings
 
211

 
52

 
51

 
(8
)
 
306

Less: Net income (loss) attributable to noncontrolling interests
 

 

 

 

 

Adjusted earnings
 
$
211

 
$
52

 
$
51

 
$
(8
)
 
306

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
(4
)
Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(287
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
(99
)
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
82

Net income (loss) attributable to Brighthouse Life Insurance Company
 
 
 
 
 
 
 
 
 
$
(2
)
 
 
 
 
 
 
 
 
 
 
 
Interest revenue
 
$
359

 
$
88

 
$
343

 
$
10

 
 
Interest expense
 
$

 
$

 
$

 
$
1

 
 
The following table presents total assets with respect to the Company’s segments, as well as Corporate & Other, at:

March 31, 2019

December 31, 2018

(In millions)
Annuities
$
145,246

 
$
137,079

Life
15,168

 
14,928

Run-off
33,182

 
32,390

Corporate & Other
11,430

 
11,433

Total
$
205,026


$
195,830

Reconciliation of Revenue from Segments to Consolidated
The following table presents total revenues with respect to the Company’s segments, as well as Corporate & Other:
 
 
Three Months Ended 
 March 31,
 
 
2019
 
2018
 
 
 
Annuities
 
$
967

 
$
977

Life
 
254

 
300

Run-off
 
476

 
549

Corporate & Other
 
37

 
36

Adjustments
 
(1,257
)
 
(238
)
Total
 
$
477

 
$
1,624