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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Premiums $ 206 $ 218 $ 649 $ 653
Universal life and investment-type product policy fees 725 826 2,190 2,447
Net investment income 904 828 2,610 2,400
Other revenues 68 73 199 222
Net investment gains (losses) 14 (42) 60 (120)
Net derivative gains (losses) 984 (665) (218) (1,230)
Total revenues 2,901 1,238 5,490 4,372
Expenses        
Policyholder benefits and claims 1,282 805 2,836 2,312
Interest credited to policyholder account balances 263 265 771 785
Amortization of deferred policy acquisition costs and value of business acquired 184 66 358 582
Other expenses 464 509 1,353 1,353
Total expenses 2,193 1,645 5,318 5,032
Income (loss) before provision for income tax 708 (407) 172 (660)
Provision for income tax expense (benefit) 99 (108) (46) (195)
Net income (loss) 609 (299) 218 (465)
Less: Net income (loss) attributable to noncontrolling interests 0 0 1 0
Net income (loss) attributable to Brighthouse Life Insurance Company 609 (299) 217 (465)
Comprehensive income (loss) 1,467 (554) 3,032 (1,663)
Less: Comprehensive income (loss) attributable to noncontrolling interests 0 0 1 0
Comprehensive income (loss) attributable to Brighthouse Life Insurance Company $ 1,467 $ (554) $ 3,031 $ (1,663)