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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Premiums $ 682 $ 759 $ 811
Universal life and investment-type product policy fees 1,678 1,601 1,778
Net investment income 5,139 5,100 4,560
Other revenues 478 499 418
Net investment gains (losses) (102) (298) (242)
Net derivative gains (losses) (1,789) (3,688) (3,920)
Total revenues 6,086 3,973 3,405
Expenses      
Policyholder benefits and claims (including liability remeasurement gains (losses) of ($273), ($980), ($233), respectively) 1,750 2,139 2,418
Interest credited to policyholder account balances 2,161 2,110 1,801
Amortization of deferred policy acquisition costs and value of business acquired 564 550 564
Change in market risk benefits (261) (2,669) (1,497)
Other expenses 1,609 1,601 1,625
Total expenses 5,823 3,731 4,911
Income (loss) before provision for income tax 263 242 (1,506)
Provision for income tax expense (benefit) (27) (15) (383)
Net income (loss) 290 257 (1,123)
Net income (loss) attributable to noncontrolling interests 1 1 1
Net income (loss) attributable to Brighthouse Life Insurance Company $ 289 $ 256 $ (1,124)