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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Premiums $ 687 $ 736 $ 847
Universal life and investment-type product policy fees 2,986 2,839 2,982
Net investment income 4,815 3,528 3,486
Other revenues 334 302 266
Net investment gains (losses) (63) 279 92
Net derivative gains (losses) (2,359) (132) (2,046)
Total revenues 6,400 7,552 5,627
Expenses      
Policyholder benefits and claims 3,213 5,689 3,538
Interest credited to policyholder account balances 1,286 1,061 1,031
Amortization of deferred policy acquisition costs and value of business acquired 105 696 395
Other expenses 1,800 1,844 1,809
Total expenses 6,404 9,290 6,773
Income (loss) before provision for income tax (4) (1,738) (1,146)
Provision for income tax expense (benefit) (71) (433) (338)
Net income (loss) 67 (1,305) (808)
Less: Net income (loss) attributable to noncontrolling interests 1 1 1
Net income (loss) attributable to Brighthouse Life Insurance Company $ 66 $ (1,306) $ (809)