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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment Reporting Information, by Segment
Set forth in the tables below are the operating results with respect to the Company’s segments, as well as Corporate & Other, for the three months and nine months ended September 30, 2019 and 2018.
 
 
Operating Results
Three Months Ended September 30, 2019
 
Annuities
 
Life
 
Run-off
 
Corporate & Other
 
Total
 
 
(In millions)
Pre-tax adjusted earnings
 
$
247

 
$
88

 
$
(543
)
 
$
(70
)
 
$
(278
)
Provision for income tax expense (benefit)
 
50

 
18

 
(117
)
 
(60
)
 
(109
)
Post-tax adjusted earnings
 
197

 
70

 
(426
)
 
(10
)
 
(169
)
Less: Net income (loss) attributable to noncontrolling interests
 
—

 
—

 
—

 
—

 
—

Adjusted earnings
 
$
197

 
$
70

 
$
(426
)
 
$
(10
)
 
(169
)
Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
14

Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
984

Other adjustments to net income
 
 
 
 
 
 
 
 
 
(12
)
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
(208
)
Net income (loss) attributable to Brighthouse Life Insurance Company
 
 
 
 
 
 
 
 
 
$
609

 
 
 
 
 
 
 
 
 
 
 
Interest revenue
 
$
458

 
$
101

 
$
327

 
$
18

 
 
Interest expense
 
$
—

 
$
—

 
$
—

 
$
17

 
 
 
 
Operating Results
Three Months Ended September 30, 2018
 
Annuities
 
Life
 
Run-off
 
Corporate & Other
 
Total
 
 
(In millions)
Pre-tax adjusted earnings
 
$
469

 
$
52

 
$
(135
)
 
$
(120
)
 
$
266

Provision for income tax expense (benefit)
 
81

 
10

 
(29
)
 
(30
)
 
32

Post-tax adjusted earnings
 
388

 
42

 
(106
)
 
(90
)
 
234

Less: Net income (loss) attributable to noncontrolling interests
 
—

 
—

 
—

 
—

 
—

Adjusted earnings
 
$
388

 
$
42

 
$
(106
)
 
$
(90
)
 
234

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
(42
)
Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(665
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
34

Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
140

Net income (loss) attributable to Brighthouse Life Insurance Company
 
 
 
 
 
 
 
 
 
$
(299
)
 
 
 
 
 
 
 
 
 
 
 
Interest revenue
 
$
395

 
$
96

 
$
322

 
$
12

 
 
Interest expense
 
$
—

 
$
—

 
$
—

 
$
—

 
 

 
 
Operating Results
Nine Months Ended September 30, 2019
 
Annuities
 
Life
 
Run-off
 
Corporate & Other
 
Total
 
 
(In millions)
Pre-tax adjusted earnings
 
$
915

 
$
185

 
$
(587
)
 
$
(210
)
 
$
303

Provision for income tax expense (benefit)
 
172

 
38

 
(127
)
 
(102
)
 
(19
)
Post-tax adjusted earnings
 
743

 
147

 
(460
)
 
(108
)
 
322

Less: Net income (loss) attributable to noncontrolling interests
 
—

 
—

 
—

 
1

 
1

Adjusted earnings
 
$
743

 
$
147

 
$
(460
)
 
$
(109
)
 
321

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
60

Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(218
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
27

Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
27

Net income (loss) attributable to Brighthouse Life Insurance Company
 
 
 
 
 
 
 
 
 
$
217

 
 
 
 
 
 
 
 
 
 
 
Interest revenue
 
$
1,344

 
$
284

 
$
942

 
$
40

 
 
Interest expense
 
$
—

 
$
—

 
$
—

 
$
43

 
 
 
 
Operating Results
Nine Months Ended September 30, 2018
 
Annuities
 
Life
 
Run-off
 
Corporate & Other
 
Total
 
 
(In millions)
Pre-tax adjusted earnings
 
$
979

 
$
142

 
$
(79
)
 
$
(175
)
 
$
867

Provision for income tax expense (benefit)
 
168

 
28

 
(18
)
 
(53
)
 
125

Post-tax adjusted earnings
 
811

 
114

 
(61
)
 
(122
)
 
742

Less: Net income (loss) attributable to noncontrolling interests
 
—

 
—

 
—

 
—

 
—

Adjusted earnings
 
$
811

 
$
114

 
$
(61
)
 
$
(122
)
 
742

Adjustments for:
 
 
 
 
 
 
 
 
 
 
Net investment gains (losses)
 
 
 
 
 
 
 
 
 
(120
)
Net derivative gains (losses)
 
 
 
 
 
 
 
 
 
(1,230
)
Other adjustments to net income
 
 
 
 
 
 
 
 
 
(177
)
Provision for income tax (expense) benefit
 
 
 
 
 
 
 
 
 
320

Net income (loss) attributable to Brighthouse Life Insurance Company
 
 
 
 
 
 
 
 
 
$
(465
)
 
 
 
 
 
 
 
 
 
 
 
Interest revenue
 
$
1,128

 
$
276

 
$
979

 
$
29

 
 
Interest expense
 
$
—

 
$
—

 
$
—

 
$
2

 
 

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

 
September 30, 2019

December 31, 2018

 
(In millions)
Annuities
 
$
150,615

 
$
137,079

Life
 
15,553

 
14,928

Run-off
 
36,096

 
32,390

Corporate & Other
 
12,583

 
11,433

Total
 
$
214,847


$
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 
 September 30,
 
Nine Months Ended 
 September 30,
 
 
2019
 
2018
 
2019

2018
 
 
(In millions)
Annuities
 
$
1,037

 
$
995

 
$
3,052

 
$
2,957

Life
 
278

 
307

 
807

 
885

Run-off
 
484

 
536

 
1,487

 
1,594

Corporate & Other
 
40

 
41

 
110

 
108

Adjustments
 
1,062

 
(641
)
 
34

 
(1,172
)
Total
 
$
2,901

 
$
1,238

 
$
5,490

 
$
4,372