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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Premiums $ 191 $ 217
Universal life and investment-type product policy fees 701 730
Net investment income 896 788
Other revenues 84 62
Net investment gains (losses) (19) (10)
Net derivative gains (losses) 6,747 (1,310)
Total revenues 8,600 477
Expenses    
Policyholder benefits and claims 1,133 744
Interest credited to policyholder account balances 251 250
Amortization of deferred policy acquisition costs and value of business acquired 702 24
Other expenses 410 434
Total expenses 2,496 1,452
Income (loss) before provision for income tax 6,104 (975)
Provision for income tax expense (benefit) 1,265 (221)
Net income (loss) 4,839 (754)
Less: Net income (loss) attributable to noncontrolling interests 0 0
Net income (loss) attributable to Brighthouse Life Insurance Company 4,839 (754)
Comprehensive income (loss) 4,069 186
Less: Comprehensive income (loss) attributable to noncontrolling interests 0 0
Comprehensive income (loss) attributable to Brighthouse Life Insurance Company $ 4,069 $ 186