Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment Reporting Information, by Segment

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

	Year Ended December 31, 2022
	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Pre-tax adjusted earnings	$	1,093	$	(101)	$	(367)	$	(94)	$	531
Provision for income tax expense (benefit)	202		(23)		(78)		(141)		(40)
Post-tax adjusted earnings	891		(78)		(289)		47		571
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		1		1
Adjusted earnings	$	891	$	(78)	$	(289)	$	46	570
Adjustments for:
Net investment gains (losses)									(240)
Net derivative gains (losses)									402
Other adjustments to net income (loss)									(964)
Provision for income tax (expense) benefit									168
Net income (loss) attributable to Brighthouse Life Insurance Company									$	(64)
Interest revenue	$	2,254	$	380	$	1,166	$	335
Interest expense	$	—	$	—	$	—	$	70

	Year Ended December 31, 2021
	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Pre-tax adjusted earnings	$	1,762	$	442	$	243	$	(284)	$	2,163
Provision for income tax expense (benefit)	340		93		53		(104)		382
Post-tax adjusted earnings	1,422		349		190		(180)		1,781
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		1		1
Adjusted earnings	$	1,422	$	349	$	190	$	(181)	1,780
Adjustments for:
Net investment gains (losses)									(63)
Net derivative gains (losses)									(2,359)
Other adjustments to net income (loss)									255
Provision for income tax (expense) benefit									453
Net income (loss) attributable to Brighthouse Life Insurance Company									$	66
Interest revenue	$	2,207	$	618	$	1,910	$	101
Interest expense	$	—	$	—	$	—	$	67

	Year Ended December 31, 2020
	Annuities		Life		Run-off		Corporate & Other		Total
	(In millions)
Pre-tax adjusted earnings	$	1,383	$	23	$	(1,655)	$	(369)	$	(618)
Provision for income tax expense (benefit)	257		3		(356)		(102)		(198)
Post-tax adjusted earnings	1,126		20		(1,299)		(267)		(420)
Less: Net income (loss) attributable to noncontrolling interests	—		—		—		1		1
Adjusted earnings	$	1,126	$	20	$	(1,299)	$	(268)	(421)
Adjustments for:
Net investment gains (losses)									279
Net derivative gains (losses)									(132)
Other adjustments to net income (loss)									(1,267)
Provision for income tax (expense) benefit									235
Net income (loss) attributable to Brighthouse Life Insurance Company									$	(1,306)
Interest revenue	$	1,811	$	403	$	1,269	$	62
Interest expense	$	—	$	—	$	—	$	68

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

	December 31,
	2022		2021
	(In millions)
Annuities	$	148,346	$	174,489
Life	17,883		18,190
Run-off	27,822		37,069
Corporate & Other	22,100		17,507
Total	$	216,151	$	247,255

Reconciliation of Revenue from Segments to Consolidated

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

	Years Ended December 31,
	2022		2021		2020
	(In millions)
Annuities	$	4,388	$	4,602	$	4,005
Life	903		1,264		1,081
Run-off	1,807		2,555		1,937
Corporate & Other	408		180		148
Adjustments	326		(2,201)		381
Total	$	7,832	$	6,400	$	7,552

Premiums, Universal Life and Investment-Type Product Policy Fees and Other Revenues by Product Groups

Total premiums, universal life and investment-type product policy fees and other revenues by major product group were as follows:

	Years Ended December 31,
	2022		2021		2020
	(In millions)
Annuity products	$	2,372	$	2,640	$	2,448
Life insurance products	1,227		1,359		1,418
Other products	7		8		11
Total	$	3,606	$	4,007	$	3,877