Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Investments:
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $85,484 and $86,565, respectively; allowance for credit losses of $62 and $79, respectively)	$ 80,541	$ 79,129
Trading securities, at estimated fair value	528	0
Equity securities, at estimated fair value	22	32
Mortgage loans (net of allowance for credit losses of $205 and $178, respectively)	22,834	23,254
Policy loans	1,039	1,626
Limited partnerships and limited liability companies	4,816	4,827
Short-term investments, principally at estimated fair value	333	1,157
Other invested assets, principally at estimated fair value (net of allowance for credit losses of $0 and $0, respectively)	8,844	5,244
Total investments	118,957	115,269
Cash and cash equivalents	6,051	4,592
Accrued investment income	1,330	1,261
Premiums, reinsurance and other receivables (net of allowance for credit losses of $3 and $3, respectively)	20,970	20,809
Deferred policy acquisition costs and value of business acquired	4,301	4,374
Current income tax recoverable	79	51
Deferred income tax asset	1,471	1,823
Market risk benefit assets	979	1,092
Other assets	289	314
Separate account assets	80,311	79,006
Total assets	234,738	228,591
Liabilities
Future policy benefits	31,655	31,085
Policyholder account balances	87,903	87,162
Market risk benefit liabilities	8,546	8,346
Other policy-related balances	3,743	3,677
Payables for collateral under securities loaned and other transactions	4,341	3,874
Long-term debt	832	833
Other liabilities	9,730	8,460
Separate account liabilities	80,311	79,006
Total liabilities	227,061	222,443
Contingencies, Commitments and Guarantees (Note 12)
Brighthouse Life Insurance Company’s stockholder’s equity:
Common stock, par value $25,000 per share; 4,000 shares authorized; 3,000 shares issued and outstanding	75	75
Additional paid-in capital	17,607	17,507
Retained earnings (deficit)	(6,125)	(6,286)
Accumulated other comprehensive income (loss)	(3,895)	(5,163)
Total Brighthouse Life Insurance Company’s stockholder’s equity	7,662	6,133
Noncontrolling interests	15	15
Total equity	7,677	6,148
Total liabilities and equity	$ 234,738	$ 228,591