XML 18 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $62,138 and $59,672, respectively) $ 69,676 $ 61,348
Equity securities, at estimated fair value 148 140
Mortgage loans (net of valuation allowances of $64 and $56, respectively) 15,269 13,596
Policy loans 915 1,001
Real estate limited partnerships and limited liability companies 458 451
Other limited partnership interests 1,894 1,839
Short-term Investments 1,483 0
Other invested assets, principally at estimated fair value 4,738 3,037
Total investments 94,581 81,412
Cash and cash equivalents 3,720 3,494
Accrued investment income 709 704
Premiums, reinsurance and other receivables 13,847 13,113
Deferred policy acquisition costs and value of business acquired 4,711 5,086
Current income tax recoverable 21 1
Other assets 476 509
Separate account assets 96,782 91,511
Total assets 214,847 195,830
Liabilities    
Liability for Future Policy Benefit, after Reinsurance 39,232 35,588
Policyholder account balances 44,325 39,330
Other policy-related balances 2,778 2,728
Payables for collateral under securities loaned and other transactions 5,271 5,047
Long-term debt 845 434
Current income tax payable 0 2
Deferred income tax liability 1,680 944
Other liabilities 4,112 3,455
Separate account liabilities 96,782 91,511
Total liabilities 195,025 179,039
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) (2,873) (3,090)
Accumulated other comprehensive income (loss) 3,532 718
Total Brighthouse Life Insurance Company’s stockholder’s equity 19,807 16,776
Noncontrolling interests 15 15
Total equity 19,822 16,791
Total liabilities and equity $ 214,847 $ 195,830