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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $59,886 and $59,672, respectively) $ 63,590 $ 61,348
Equity securities, at estimated fair value 150 140
Mortgage loans (net of valuation allowances of $60 and $56, respectively) 14,413 13,596
Policy loans 967 1,001
Real estate limited partnerships and limited liability companies 453 451
Other limited partnership interests 1,798 1,839
Short-term Investments 506 0
Other invested assets, principally at estimated fair value 2,314 3,037
Total investments 84,191 81,412
Cash and cash equivalents 3,144 3,494
Accrued investment income 770 704
Premiums, reinsurance and other receivables 13,447 13,113
Deferred policy acquisition costs and value of business acquired 5,054 5,086
Current income tax recoverable 0 1
Other assets 496 509
Separate account assets 97,924 91,511
Total assets 205,026 195,830
Liabilities    
Future policy benefits 36,539 35,588
Policyholder account balances 40,459 39,330
Other policy-related balances 2,722 2,728
Payables for collateral under securities loaned and other transactions 3,977 5,047
Long-term debt 845 434
Current income tax payable 3 2
Deferred income tax liability 973 944
Other Liabilities 4,607 3,455
Separate account liabilities 97,924 91,511
Total liabilities 188,049 179,039
Contingencies, Commitments and Guarantees (Note 10)
Equity    
Common stock, par value $25,000 per share; 4,000 shares authorized; 3,000 shares issued and outstanding 75 75
Additional paid-in capital 19,073 19,073
Retained earnings (deficit) (3,844) (3,090)
Accumulated other comprehensive income (loss) 1,658 718
Total Brighthouse Life Insurance Company’s stockholder’s equity 16,962 16,776
Noncontrolling interests 15 15
Total equity 16,977 16,791
Total liabilities and equity $ 205,026 $ 195,830