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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Premiums $ 181 $ 191
Universal life and investment-type product policy fees 743 701
Net investment income 1,169 896
Other revenues 96 84
Net investment gains (losses) 12 (19)
Net derivative gains (losses) (1,387) 6,747
Total revenues 814 8,600
Expenses    
Policyholder benefits and claims 644 1,133
Interest credited to policyholder account balances 290 251
Amortization of deferred policy acquisition costs and value of business acquired 50 702
Other expenses 424 410
Total expenses 1,408 2,496
Income (loss) before provision for income tax (594) 6,104
Provision for income tax expense (benefit) (141) 1,265
Net income (loss) (453) 4,839
Less: Net income (loss) attributable to noncontrolling interests 0 0
Net income (loss) attributable to Brighthouse Life Insurance Company (453) 4,839
Comprehensive income (loss) (2,689) 4,069
Less: Comprehensive income (loss) attributable to noncontrolling interests 0 0
Comprehensive income (loss) attributable to Brighthouse Life Insurance Company $ (2,689) $ 4,069