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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Premiums $ 641 $ 687 $ 736
Universal life and investment-type product policy fees 2,562 2,986 2,839
Net investment income 4,064 4,815 3,528
Other revenues 403 334 302
Net investment gains (losses) (240) (63) 279
Net derivative gains (losses) 402 (2,359) (132)
Total revenues 7,832 6,400 7,552
Expenses      
Policyholder benefits and claims 4,143 3,213 5,689
Interest credited to policyholder account balances 1,414 1,286 1,061
Amortization of deferred policy acquisition costs and value of business acquired 871 105 696
Other expenses 1,675 1,800 1,844
Total expenses 8,103 6,404 9,290
Income (loss) before provision for income tax (271) (4) (1,738)
Provision for income tax expense (benefit) (208) (71) (433)
Net income (loss) (63) 67 (1,305)
Less: Net income (loss) attributable to noncontrolling interests 1 1 1
Net income (loss) attributable to Brighthouse Life Insurance Company $ (64) $ 66 $ (1,306)