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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Premiums $ 185 $ 226 $ 376 $ 443
Universal life and investment-type product policy fees 697 735 1,398 1,465
Net investment income 635 918 1,531 1,706
Other revenues 67 69 151 131
Net investment gains (losses) (33) 56 (52) 46
Net derivative gains (losses) (2,650) 108 4,097 (1,202)
Total revenues (1,099) 2,112 7,501 2,589
Expenses        
Policyholder benefits and claims 811 810 1,944 1,554
Interest credited to policyholder account balances 269 258 520 508
Amortization of deferred policy acquisition costs and value of business acquired (77) 150 625 174
Other expenses 447 455 857 889
Total expenses 1,450 1,673 3,946 3,125
Income (loss) before provision for income tax (2,549) 439 3,555 (536)
Provision for income tax expense (benefit) (552) 76 713 (145)
Net income (loss) (1,997) 363 2,842 (391)
Less: Net income (loss) attributable to noncontrolling interests 1 1 1 1
Net income (loss) attributable to Brighthouse Life Insurance Company (1,998) 362 2,841 (392)
Comprehensive income (loss) 168 1,379 4,237 1,565
Less: Comprehensive income (loss) attributable to noncontrolling interests 1 1 1 1
Comprehensive income (loss) attributable to Brighthouse Life Insurance Company $ 167 $ 1,378 $ 4,236 $ 1,564