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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Premiums $ 161 $ 181
Universal life and investment-type product policy fees 683 743
Net investment income 1,135 1,169
Other revenues 112 96
Net investment gains (losses) (67) 12
Net derivative gains (losses) 555 (1,387)
Total revenues 2,579 814
Expenses    
Policyholder benefits and claims 861 644
Interest credited to policyholder account balances 284 290
Amortization of deferred policy acquisition costs and value of business acquired 205 50
Other expenses 386 424
Total expenses 1,736 1,408
Income (loss) before provision for income tax 843 (594)
Provision for income tax expense (benefit) 172 (141)
Net income (loss) 671 (453)
Less: Net income (loss) attributable to noncontrolling interests 0 0
Net income (loss) attributable to Brighthouse Life Insurance Company 671 (453)
Comprehensive income (loss) (2,919) (2,689)
Less: Comprehensive income (loss) attributable to noncontrolling interests 0 0
Comprehensive income (loss) attributable to Brighthouse Life Insurance Company $ (2,919) $ (2,689)