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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Premiums $ 226 $ 215 $ 443 $ 435
Universal life and investment-type product policy fees 735 797 1,465 1,621
Net investment income 918 780 1,706 1,572
Other revenues 69 70 131 149
Net investment gains (losses) 56 (74) 46 (78)
Net derivative gains (losses) 108 (278) (1,202) (565)
Total revenues 2,112 1,510 2,589 3,134
Expenses        
Policyholder benefits and claims 810 797 1,554 1,507
Interest credited to policyholder account balances 258 260 508 520
Amortization of deferred policy acquisition costs and value of business acquired 150 235 174 516
Other expenses 455 447 889 844
Total expenses 1,673 1,739 3,125 3,387
Income (loss) before provision for income tax 439 (229) (536) (253)
Provision for income tax expense (benefit) 76 (65) (145) (87)
Net income (loss) 363 (164) (391) (166)
Less: Net income (loss) attributable to noncontrolling interests 1 0 1 0
Net income (loss) attributable to Brighthouse Life Insurance Company 362 (164) (392) (166)
Comprehensive income (loss) 1,379 (284) 1,565 (1,109)
Less: Comprehensive income (loss) attributable to noncontrolling interests 1 0 1 0
Comprehensive income (loss) attributable to Brighthouse Life Insurance Company $ 1,378 $ (284) $ 1,564 $ (1,109)