v3.26.1
Segment Information (Operating Results) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting Information [Line Items]    
Total revenues $ 1,527 $ 2,390
Policyholder benefits and claims 637 649
Interest credited to policyholder account balances, excluding market value adjustments 493 561
Amortization of DAC and VOBA 158 148
Provision for income tax expense (benefit) (222) (88)
Net income (loss) attributable to noncontrolling interests 2 2
Preferred stock dividends 26 26
Net investment gains (losses) (52) (83)
Investment gains (losses) on trading securities 1,258 1,297
Change in market risk benefits (748) (893)
Net income (loss) available to Brighthouse Financial, Inc.’s common shareholders (792) (294)
Annuities    
Segment Reporting Information [Line Items]    
Interest revenue 771 753
Life    
Segment Reporting Information [Line Items]    
Interest revenue 98 107
Run-off    
Segment Reporting Information [Line Items]    
Interest revenue 268 272
Corporate & Other    
Segment Reporting Information [Line Items]    
Interest revenue 131 159
Operating Segments    
Segment Reporting Information [Line Items]    
Total revenues 1,527 2,390
Adjusted earnings (loss) 239 235
Operating Segments | Annuities    
Segment Reporting Information [Line Items]    
Total revenues 799 1,590
Revenues excluded from adjusted earnings (556) 246
Policyholder benefits and claims 124 110
Interest credited to policyholder account balances, excluding market value adjustments 334 358
Amortization of DAC and VOBA 137 126
Interest expense on debt 0 0
Other expenses 360 363
Provision for income tax expense (benefit) 76 73
Net income (loss) attributable to noncontrolling interests 0 0
Preferred stock dividends 0 0
Adjusted earnings (loss) 324 314
Operating Segments | Life    
Segment Reporting Information [Line Items]    
Total revenues 241 281
Revenues excluded from adjusted earnings (7) (10)
Policyholder benefits and claims 170 187
Interest credited to policyholder account balances, excluding market value adjustments 29 27
Amortization of DAC and VOBA 21 22
Interest expense on debt 0 0
Other expenses 36 45
Provision for income tax expense (benefit) (2) 1
Net income (loss) attributable to noncontrolling interests 0 0
Preferred stock dividends 0 0
Adjusted earnings (loss) (6) 9
Operating Segments | Run-off    
Segment Reporting Information [Line Items]    
Total revenues 354 368
Revenues excluded from adjusted earnings (9) 1
Policyholder benefits and claims 343 352
Interest credited to policyholder account balances, excluding market value adjustments 53 60
Amortization of DAC and VOBA 0 0
Interest expense on debt 0 0
Other expenses 28 36
Provision for income tax expense (benefit) (13) (17)
Net income (loss) attributable to noncontrolling interests 0 0
Preferred stock dividends 0 0
Adjusted earnings (loss) (48) (64)
Operating Segments | Corporate & Other    
Segment Reporting Information [Line Items]    
Total revenues 133 151
Revenues excluded from adjusted earnings 1 (3)
Policyholder benefits and claims 0 0
Interest credited to policyholder account balances, excluding market value adjustments 90 106
Amortization of DAC and VOBA 0 0
Interest expense on debt 38 38
Other expenses 15 11
Provision for income tax expense (benefit) (8) (5)
Net income (loss) attributable to noncontrolling interests 2 2
Preferred stock dividends 26 26
Adjusted earnings (loss) (31) (24)
Segment Reconciling Items    
Segment Reporting Information [Line Items]    
Interest credited to policyholder account balances, excluding market value adjustments 13 (10)
Provision for income tax expense (benefit) 275 140
Net investment gains (losses) (52) (83)
Investment gains (losses) on trading securities (10) 6
Net derivative gains (losses), excluding investment hedge adjustments (509) 311
Investment hedge adjustments 0 0
Change in market risk benefits $ (748) $ (893)