v3.26.1
Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings (Deficit)
Treasury Stock, Common
Accumulated Other Comprehensive Income (Loss)
Brighthouse Financial, Inc.’s Stockholders’ Equity
Noncontrolling Interests
Beginning Balance at Dec. 31, 2024 $ 5,024 $ 0 $ 1 $ 13,927 $ (1,119) $ (2,572) $ (5,278) $ 4,959 $ 65
Treasury stock acquired in connection with share repurchases (59)         (59)   (59)  
Share-based compensation 25   0 38   (13)   25  
Dividends on preferred stock (26)     (26)       (26)  
Change in noncontrolling interests (2)             0 (2)
Net income (loss) (266)       (268)     (268) 2
Other comprehensive income (loss), net of income tax 608           608 608  
Ending Balance at Mar. 31, 2025 5,304 0 1 13,939 (1,387) (2,644) (4,670) 5,239 65
Beginning Balance at Dec. 31, 2024 5,024 0 1 13,927 (1,119) (2,572) (5,278) 4,959 65
Net income (loss) (181)                
Ending Balance at Jun. 30, 2025 5,738 0 1 13,918 (1,302) (2,687) (4,257) 5,673 65
Beginning Balance at Mar. 31, 2025 5,304 0 1 13,939 (1,387) (2,644) (4,670) 5,239 65
Treasury stock acquired in connection with share repurchases (43)         (43)   (43)  
Share-based compensation 4   0 4   0   4  
Dividends on preferred stock (25)     (25)       (25)  
Change in noncontrolling interests 0             0 0
Net income (loss) 85       85     85 0
Other comprehensive income (loss), net of income tax 413           413 413  
Ending Balance at Jun. 30, 2025 5,738 0 1 13,918 (1,302) (2,687) (4,257) 5,673 65
Beginning Balance at Dec. 31, 2025 6,833 0 1 13,870 (686) (2,688) (3,729) 6,768 65
Treasury stock acquired in connection with share repurchases 0         0   0  
Share-based compensation 14   0 25   (11)   14  
Dividends on preferred stock (26)     (26)       (26)  
Change in noncontrolling interests (2)             0 (2)
Net income (loss) (764)       (766)     (766) 2
Other comprehensive income (loss), net of income tax (427)           (427) (427)  
Ending Balance at Mar. 31, 2026 5,628 0 1 13,869 (1,452) (2,699) (4,156) 5,563 65
Beginning Balance at Dec. 31, 2025 6,833 0 1 13,870 (686) (2,688) (3,729) 6,768 65
Net income (loss) 217                
Ending Balance at Jun. 30, 2026 6,615 0 1 13,847 (471) (2,701) (4,126) 6,550 65
Beginning Balance at Mar. 31, 2026 5,628 0 1 13,869 (1,452) (2,699) (4,156) 5,563 65
Treasury stock acquired in connection with share repurchases 0         0   0  
Share-based compensation 1   0 3   (2)   1  
Dividends on preferred stock (25)     (25)       (25)  
Change in noncontrolling interests 0             0 0
Net income (loss) 981       981     981 0
Other comprehensive income (loss), net of income tax 30           30 30  
Ending Balance at Jun. 30, 2026 $ 6,615 $ 0 $ 1 $ 13,847 $ (471) $ (2,701) $ (4,126) $ 6,550 $ 65