Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment Reporting Information, by Segment

Operating results by segment, as well as Corporate & Other, were as follows:

	Year Ended December 31, 2021
	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Pre-tax adjusted earnings	$	1,762	$	442	$	243	$	(284)	$	2,163
Provision for income tax expense (benefit)	340		93		53		(104)		382
Post-tax adjusted earnings	1,422		349		190		(180)		1,781
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		1		1
Adjusted earnings	$	1,422	$	349	$	190	$	(181)	1,780
Adjustments for:
Net investment gains (losses)									(63)
Net derivative gains (losses)									(2,359)
Other adjustments to net income (loss)									255
Provision for income tax (expense) benefit									453
Net income (loss) attributable to Brighthouse Life Insurance Company									$	66
Interest revenue	$	2,207	$	618	$	1,910	$	101
Interest expense	$	—	$	—	$	—	$	67

	Year Ended December 31, 2020
	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Pre-tax adjusted earnings	$	1,383	$	23	$	(1,655)	$	(369)	$	(618)
Provision for income tax expense (benefit)	257		3		(356)		(102)		(198)
Post-tax adjusted earnings	1,126		20		(1,299)		(267)		(420)
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		1		1
Adjusted earnings	$	1,126	$	20	$	(1,299)	$	(268)	(421)
Adjustments for:
Net investment gains (losses)									279
Net derivative gains (losses)									(132)
Other adjustments to net income (loss)									(1,267)
Provision for income tax (expense) benefit									235
Net income (loss) attributable to Brighthouse Life Insurance Company									$	(1,306)
Interest revenue	$	1,811	$	403	$	1,269	$	62
Interest expense	$	—	$	—	$	—	$	68

	Year Ended December 31, 2019
	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Pre-tax adjusted earnings	$	1,233	$	239	$	(580)	$	(234)	$	658
Provision for income tax expense (benefit)	230		49		(126)		(112)		41
Post-tax adjusted earnings	1,003		190		(454)		(122)		617
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		1		1
Adjusted earnings	$	1,003	$	190	$	(454)	$	(123)	616
Adjustments for:
Net investment gains (losses)									92
Net derivative gains (losses)									(2,046)
Other adjustments to net income (loss)									150
Provision for income tax (expense) benefit									379
Net income (loss) attributable to Brighthouse Life Insurance Company									$	(809)
Interest revenue	$	1,798	$	376	$	1,265	$	53
Interest expense	$	—	$	—	$	—	$	60

Total assets by segment, as well as Corporate & Other, were as follows at:

	December 31,
	2021		2020
	(In millions)
Annuities	$	174,489	$	167,806
Life	18,190		17,796
Run-off	37,069		38,366
Corporate & Other	17,507		11,320
Total	$	247,255	$	235,288

Reconciliation of Revenue from Segments to Consolidated

Total revenues by segment, as well as Corporate & Other, were as follows:

	Years Ended December 31,
	2021		2020		2019
	(In millions)
Annuities	$	4,602	$	4,005	$	4,062
Life	1,264		1,081		1,115
Run-off	2,555		1,937		2,009
Corporate & Other	180		148		145
Adjustments	(2,201)		381		(1,704)
Total	$	6,400	$	7,552	$	5,627

Premiums, Universal Life and Investment-Type Product Policy Fees and Other Revenues by Product Groups

Total premiums, universal life and investment-type product policy fees and other revenues by major product group were as follows:

	Years Ended December 31,
	2021		2020		2019
	(In millions)
Annuity products	$	2,640	$	2,448	$	2,522
Life insurance products	1,359		1,418		1,561
Other products	8		11		12
Total	$	4,007	$	3,877	$	4,095