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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Premiums $ 161 $ 156 $ 322 $ 337
Universal life and investment-type product policy fees 635 761 1,318 1,504
Net investment income 1,044 1,196 2,179 2,365
Other revenues 105 74 217 170
Net investment gains (losses) (64) (33) (131) (21)
Net derivative gains (losses) 1,762 (718) 2,317 (2,105)
Total revenues 3,643 1,436 6,222 2,250
Expenses        
Policyholder benefits and claims 1,084 714 1,945 1,358
Interest credited to policyholder account balances 313 282 597 572
Amortization of deferred policy acquisition costs and value of business acquired 536 6 741 56
Other expenses 485 465 871 889
Total expenses 2,418 1,467 4,154 2,875
Income (loss) before provision for income tax 1,225 (31) 2,068 (625)
Provision for income tax expense (benefit) 224 (23) 396 (164)
Net income (loss) 1,001 (8) 1,672 (461)
Less: Net income (loss) attributable to noncontrolling interests 1 1 1 1
Net income (loss) attributable to Brighthouse Life Insurance Company 1,000 (9) 1,671 (462)
Comprehensive income (loss) (2,319) 1,119 (5,238) (1,570)
Less: Comprehensive income (loss) attributable to noncontrolling interests 1 1 1 1
Comprehensive income (loss) attributable to Brighthouse Life Insurance Company $ (2,320) $ 1,118 $ (5,239) $ (1,571)