Consolidated Summary of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]

Summary of Investments, Other Than Investments in Related Parties

Brighthouse Life Insurance Company

(An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

Schedule I

Consolidated Summary of Investments 

Other Than Investments in Related Parties

December 31, 2019

(In millions)

Types of Investments	Cost or Amortized Cost (1)		Estimated Fair Value		Amount at Which Shown on Balance Sheet
Fixed maturity securities:
Bonds:
U.S. government and agency	$	5,396	$	7,244	$	7,244
State and political subdivision	3,326		4,011		4,011
Public utilities	3,270		3,703		3,703
Foreign government	1,503		1,751		1,751
All other corporate bonds	33,243		36,215		36,215
Total bonds	46,738		52,924		52,924
Mortgage-backed and asset-backed securities	16,000		16,694		16,694
Redeemable preferred stock	345		359		359
Total fixed maturity securities	63,083		69,977		69,977
Equity securities:
Non-redeemable preferred stock	127		129		129
Common stock:
Industrial, miscellaneous and all other	10		15		15
Public utilities	—		3		3
Total equity securities	137		147		147
Mortgage loans	15,664				15,664
Policy loans	875				875
Limited partnerships and LLCs	2,379				2,379
Short-term investments	1,482				1,482
Other invested assets	3,224				3,224
Total investments	$	86,844			$	93,748

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(1)

Cost or amortized cost for fixed maturity securities represents original cost reduced by impairments from other-than-temporary declines in estimated fair value that are charged to earnings and adjusted for amortization of premiums or accretion of discounts; for mortgage loans, cost represents original cost reduced by repayments and valuation allowances and adjusted for amortization of premiums or accretion of discounts; for equity securities, cost represents original cost; for limited partnerships and LLCs, cost represents original cost adjusted for equity in earnings and distributions.