Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Investments:
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $71,082 and $69,483, respectively; allowance for credit losses of $8 and $2, respectively)	$ 77,909	$ 81,299
Equity securities, at estimated fair value	101	133
Mortgage loans (net of allowance for credit losses of $90 and $94, respectively)	15,607	15,722
Policy loans	844	884
Limited partnerships and limited liability companies	3,218	2,809
Short-term investments, principally at estimated fair value	312	1,885
Other invested assets, principally at estimated fair value (net of allowance for credit losses of $13 and $13, respectively)	2,277	3,757
Total investments	100,268	106,489
Cash and cash equivalents	3,710	3,684
Accrued investment income	715	656
Premiums, reinsurance and other receivables (net of allowance for credit losses of $10 and $10, respectively)	15,664	15,721
Deferred policy acquisition costs and value of business acquired	4,621	4,357
Other assets	396	395
Separate account assets	104,173	103,986
Total assets	229,547	235,288
Liabilities
Future policy benefits	42,145	44,266
Policyholder account balances	54,478	53,946
Other policy-related balances	3,091	3,114
Payables for collateral under securities loaned and other transactions	4,269	5,237
Long-term debt	842	843
Current income tax payable	132	110
Deferred income tax liability	725	1,461
Other liabilities	4,266	4,210
Separate account liabilities	104,173	103,986
Total liabilities	214,121	217,173
Contingencies, Commitments and Guarantees (Note 9)
Brighthouse Life Insurance Company’s stockholder’s 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	18,323	18,323
Retained earnings (deficit)	(6,172)	(5,719)
Accumulated other comprehensive income (loss)	3,185	5,421
Total Brighthouse Life Insurance Company’s stockholder’s equity	15,411	18,100
Noncontrolling interests	15	15
Total equity	15,426	18,115
Total liabilities and equity	$ 229,547	$ 235,288