XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Premiums $ 160 $ 189 $ 482 $ 526
Universal life and investment-type product policy fees 635 736 1,953 2,240
Net investment income 857 1,264 3,036 3,629
Other revenues 109 92 326 262
Net investment gains (losses) (40) (16) (171) (37)
Net derivative gains (losses) (408) 56 1,909 (2,049)
Total revenues 1,313 2,321 7,535 4,571
Expenses        
Policyholder benefits and claims 1,267 1,062 3,212 2,420
Interest credited to policyholder account balances 422 406 1,019 978
Amortization of deferred policy acquisition costs and value of business acquired 147 (70) 888 (14)
Other expenses 407 435 1,278 1,324
Total expenses 2,243 1,833 6,397 4,708
Income (loss) before provision for income tax (930) 488 1,138 (137)
Provision for income tax expense (benefit) (208) 96 188 (68)
Net income (loss) (722) 392 950 (69)
Less: Net income (loss) attributable to noncontrolling interests 0 0 1 1
Net income (loss) attributable to Brighthouse Life Insurance Company (722) 392 949 (70)
Comprehensive income (loss) (4,175) 114 (9,413) (1,456)
Less: Comprehensive income (loss) attributable to noncontrolling interests 0 0 1 1
Comprehensive income (loss) attributable to Brighthouse Life Insurance Company $ (4,175) $ 114 $ (9,414) $ (1,457)