Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Segment Reporting Information, by Segment

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

	Three Months Ended March 31, 2022
	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Pre-tax adjusted earnings	$	374	$	39	$	19	$	(39)	$	393
Provision for income tax expense (benefit)	71		8		4		(5)		78
Post-tax adjusted earnings	303		31		15		(34)		315
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		—		—
Adjusted earnings	$	303	$	31	$	15	$	(34)	315
Adjustments for:
Net investment gains (losses)									(67)
Net derivative gains (losses)									555
Other adjustments to net income (loss)									(38)
Provision for income tax (expense) benefit									(94)
Net income (loss) attributable to Brighthouse Life Insurance Company									$	671
Interest revenue	$	553	$	140	$	401	$	47
Interest expense	$	—	$	—	$	—	$	17

	Three Months Ended March 31, 2021
	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Pre-tax adjusted earnings	$	396	$	141	$	85	$	(66)	$	556
Provision for income tax expense (benefit)	75		29		9		(12)		101
Post-tax adjusted earnings	321		112		76		(54)		455
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		—		—
Adjusted earnings	$	321	$	112	$	76	$	(54)	455
Adjustments for:
Net investment gains (losses)									12
Net derivative gains (losses)									(1,387)
Other adjustments to net income (loss)									225
Provision for income tax (expense) benefit									242
Net income (loss) attributable to Brighthouse Life Insurance Company									$	(453)
Interest revenue	$	547	$	150	$	463	$	14
Interest expense	$	—	$	—	$	—	$	17

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

	March 31, 2022		December 31, 2021
	(In millions)
Annuities	$	163,983	$	174,489
Life	17,600		18,190
Run-off	34,059		37,069
Corporate & Other	17,864		17,507
Total	$	233,506	$	247,255

Reconciliation of Revenue from Segments to Consolidated

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

	Three Months Ended March 31,
	2022		2021
	(In millions)
Annuities	$	1,135	$	1,147
Life	276		324
Run-off	562		628
Corporate & Other	66		35
Adjustments	540		(1,320)
Total	$	2,579	$	814