$BHF
Brighthouse Financial, Inc. Stock $bhf

$bhf Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000168504024000019 Filed on May 08, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$1.427B	$74.00M
YoY Change	442.59%	-94.24%
Cost Of Revenue	$642.0M	$968.0M
YoY Change	-6.82%	40.9%
Gross Profit	$785.0M	-$894.0M
YoY Change	-284.27%	-249.75%
Gross Profit Margin	55.01%	-1208.11%
Selling, General & Admin	$267.0M	-$938.0M
YoY Change	-136.98%	-252.27%
% of Gross Profit	34.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$468.0M	$507.0M
YoY Change	-6.77%	6.07%
Operating Profit	$317.0M	-$1.401B
YoY Change	-134.16%	-1277.31%
Interest Expense	-$38.00M	-$38.00M
YoY Change	0.0%	0.0%
% of Operating Profit	-11.99%
Other Income/Expense, Net
YoY Change
Pretax Income	$14.00M	-$614.0M
YoY Change	-105.91%	-5.97%
Income Tax	-$20.00M	-$123.0M
% Of Pretax Income	-142.86%
Net Earnings	$34.00M	-$493.0M
YoY Change	-119.43%	-1.2%
Net Earnings / Revenue	2.38%	-666.22%
Basic Earnings Per Share	$0.12	-$8.22
Diluted Earnings Per Share	$0.12	-$8.22
COMMON SHARES
Basic Shares Outstanding	62.11M shares	62.88M shares
Diluted Shares Outstanding	62.26M shares	63.04M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$4.441B	$3.823B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$4.938B	$4.920B
YoY Change	0.49%	2.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$111.3B	$111.8B
YoY Change	4.61%	5.0%
Other Assets	$2.087B	$2.063B
YoY Change	10.02%	23.31%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$237.4B	$239.7B
YoY Change	2.55%	4.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$3.155B	$3.155B
YoY Change	-0.03%	-0.06%
Other Long-Term Liabilities	$16.36B	$18.09B
YoY Change	-1.22%	6.62%
Total Long-Term Liabilities	$19.52B	$21.24B
YoY Change	-1.03%	5.57%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities	$19.52B	$21.24B
Total Liabilities	$233.2B	$235.4B
YoY Change	2.94%	5.02%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.966B	-$2.000B
YoY Change	83.91%	123.71%
Common Stock	$1.000M	$1.000M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$2.447B	$2.382B
YoY Change	12.09%	12.41%
Treasury Stock Shares
Shareholders Equity	$4.141B	$4.195B
YoY Change
Total Liabilities & Shareholders Equity	$237.4B	$239.7B
YoY Change	2.55%	4.21%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$34.00M	-$493.0M
YoY Change	-119.43%	-1.2%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$334.0M	-$530.0M
YoY Change	-360.94%	6.0%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$1.082B	-$625.0M
YoY Change	223.95%	-52.83%
Cash From Investing Activities	-$1.082B	-$625.0M
YoY Change	223.95%	-52.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.366B	$1.127B
YoY Change	165.76%	-19.21%
NET CHANGE
Cash From Operating Activities	334.0M	-$530.0M
Cash From Investing Activities	-1.082B	-$625.0M
Cash From Financing Activities	1.366B	$1.127B
Net Change In Cash	618.0M	-$28.00M
YoY Change	1088.46%	-93.49%
FREE CASH FLOW
Cash From Operating Activities	$334.0M	-$530.0M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Insurance Commissions And Fees InsuranceCommissionsAndFees	436000000	usd
CY2023Q1	us-gaap	Insurance Commissions And Fees InsuranceCommissionsAndFees	606000000	usd
CY2024Q1	us-gaap	Net Investment Income NetInvestmentIncome	1254000000	usd
CY2023Q1	us-gaap	Net Investment Income NetInvestmentIncome	1059000000	usd
CY2024Q1	us-gaap	Other Income OtherIncome	145000000	usd
CY2023Q1	us-gaap	Other Income OtherIncome	93000000	usd
CY2024Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-42000000	usd
CY2023Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-96000000	usd
CY2024Q1	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-1921000000	usd
CY2023Q1	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-575000000	usd
CY2024Q1	us-gaap	Revenues Revenues	74000000	usd
CY2023Q1	us-gaap	Revenues Revenues	1284000000	usd
CY2024Q1	us-gaap	Liability For Future Policy Benefit Remeasurement Gain Loss LiabilityForFuturePolicyBenefitRemeasurementGainLoss	0	usd
CY2023Q1	us-gaap	Liability For Future Policy Benefit Remeasurement Gain Loss LiabilityForFuturePolicyBenefitRemeasurementGainLoss	0	usd
CY2024Q1	us-gaap	Policyholder Benefits And Claims Incurred Net PolicyholderBenefitsAndClaimsIncurredNet	968000000	usd
CY2023Q1	us-gaap	Policyholder Benefits And Claims Incurred Net PolicyholderBenefitsAndClaimsIncurredNet	687000000	usd
CY2024Q1	us-gaap	Interest Credited To Policyholders Account Balances InterestCreditedToPolicyholdersAccountBalances	502000000	usd
CY2023Q1	us-gaap	Interest Credited To Policyholders Account Balances InterestCreditedToPolicyholdersAccountBalances	422000000	usd
CY2024Q1	us-gaap	Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1 DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1	151000000	usd
CY2023Q1	us-gaap	Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1 DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1	156000000	usd
CY2024Q1	us-gaap	Market Risk Benefit Change In Fair Value Gain Loss MarketRiskBenefitChangeInFairValueGainLoss	1440000000	usd
CY2023Q1	us-gaap	Market Risk Benefit Change In Fair Value Gain Loss MarketRiskBenefitChangeInFairValueGainLoss	-194000000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	507000000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	478000000	usd
CY2024Q1	us-gaap	Benefits Losses And Expenses BenefitsLossesAndExpenses	688000000	usd
CY2023Q1	us-gaap	Benefits Losses And Expenses BenefitsLossesAndExpenses	1937000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-614000000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-653000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-123000000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-156000000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-491000000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-497000000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2000000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-493000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-499000000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	26000000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	26000000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-519000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-525000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-658000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	321000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-660000000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	319000000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-8.22
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-7.72
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-8.22
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-7.72
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5008000000	usd
CY2024Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	62000000	usd
CY2024Q1	bhf	Share Based Compensation Transactions Increase Decrease ShareBasedCompensationTransactionsIncreaseDecrease	0	usd
CY2024Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	26000000	usd
CY2024Q1	us-gaap	Minority Interest Period Increase Decrease MinorityInterestPeriodIncreaseDecrease	-2000000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-491000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-167000000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4260000000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5598000000	usd
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	62000000	usd
CY2023Q1	bhf	Share Based Compensation Transactions Increase Decrease ShareBasedCompensationTransactionsIncreaseDecrease	-10000000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	26000000	usd
CY2023Q1	us-gaap	Minority Interest Period Increase Decrease MinorityInterestPeriodIncreaseDecrease	-2000000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-497000000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	818000000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5819000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-530000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-500000000	usd
CY2024Q1	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	2277000000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	1474000000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Equity Securities Fv Ni ProceedsFromSaleOfEquitySecuritiesFvNi	24000000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Equity Securities Fv Ni ProceedsFromSaleOfEquitySecuritiesFvNi	2000000	usd
CY2024Q1	us-gaap	Proceeds From Sale And Collection Of Mortgage Notes Receivable ProceedsFromSaleAndCollectionOfMortgageNotesReceivable	281000000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Collection Of Mortgage Notes Receivable ProceedsFromSaleAndCollectionOfMortgageNotesReceivable	262000000	usd
CY2024Q1	us-gaap	Proceeds From Limited Partnership Investments ProceedsFromLimitedPartnershipInvestments	78000000	usd
CY2023Q1	us-gaap	Proceeds From Limited Partnership Investments ProceedsFromLimitedPartnershipInvestments	37000000	usd
CY2024Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	2438000000	usd
CY2023Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	1840000000	usd
CY2024Q1	us-gaap	Payments To Acquire Equity Securities Fv Ni PaymentsToAcquireEquitySecuritiesFvNi	1000000	usd
CY2023Q1	us-gaap	Payments To Acquire Equity Securities Fv Ni PaymentsToAcquireEquitySecuritiesFvNi	5000000	usd
CY2024Q1	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	448000000	usd
CY2023Q1	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	173000000	usd
CY2024Q1	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	79000000	usd
CY2023Q1	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	121000000	usd
CY2024Q1	bhf	Cashreceivedinconnectionwithfreestandingderivatives Cashreceivedinconnectionwithfreestandingderivatives	3564000000	usd
CY2023Q1	bhf	Cashreceivedinconnectionwithfreestandingderivatives Cashreceivedinconnectionwithfreestandingderivatives	1106000000	usd
CY2024Q1	bhf	Cash Paid In Connection With Freestanding Derivatives CashPaidInConnectionWithFreestandingDerivatives	3174000000	usd
CY2023Q1	bhf	Cash Paid In Connection With Freestanding Derivatives CashPaidInConnectionWithFreestandingDerivatives	1758000000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Policy Loans PaymentsForProceedsFromPolicyLoans	320000000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Policy Loans PaymentsForProceedsFromPolicyLoans	-9000000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	187000000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	299000000	usd
CY2024Q1	bhf	Net Change In Other Invested Assets NetChangeInOtherInvestedAssets	202000000	usd
CY2023Q1	bhf	Net Change In Other Invested Assets NetChangeInOtherInvestedAssets	19000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-625000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1325000000	usd
CY2024Q1	us-gaap	Proceeds From Annuities And Investment Certificates ProceedsFromAnnuitiesAndInvestmentCertificates	7814000000	usd
CY2023Q1	us-gaap	Proceeds From Annuities And Investment Certificates ProceedsFromAnnuitiesAndInvestmentCertificates	6864000000	usd
CY2024Q1	us-gaap	Repayments Of Annuities And Investment Certificates RepaymentsOfAnnuitiesAndInvestmentCertificates	6447000000	usd
CY2023Q1	us-gaap	Repayments Of Annuities And Investment Certificates RepaymentsOfAnnuitiesAndInvestmentCertificates	5298000000	usd
CY2024Q1	bhf	Net Change In Payables For Collateral Under Securities Loaned And Other Transactions NetChangeInPayablesForCollateralUnderSecuritiesLoanedAndOtherTransactions	-17000000	usd
CY2023Q1	bhf	Net Change In Payables For Collateral Under Securities Loaned And Other Transactions NetChangeInPayablesForCollateralUnderSecuritiesLoanedAndOtherTransactions	-159000000	usd
CY2024Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	26000000	usd
CY2023Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	26000000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	62000000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	62000000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Derivative Instrument Financing Activities PaymentsForProceedsFromDerivativeInstrumentFinancingActivities	122000000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Derivative Instrument Financing Activities PaymentsForProceedsFromDerivativeInstrumentFinancingActivities	-91000000	usd
CY2024Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-13000000	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-15000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1127000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1395000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-28000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-430000000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3851000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4115000000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3823000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3685000000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	6000000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	6000000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	4000000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-9000000	usd
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Basis of Presentation</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to adopt accounting policies and make estimates and assumptions that affect amounts reported on the interim condensed consolidated financial statements. In applying these policies and estimates, management makes subjective and complex judgments that frequently require assumptions about matters that are inherently uncertain. Many of these policies, estimates and related judgments are common in the insurance and financial services industries; others are specific to the Company’s business and operations. Actual results could differ from these estimates.</span></div>
CY2024Q1	us-gaap	Separate Account Assets SeparateAccountAssets	90332000000	usd
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-519000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-525000000	usd
CY2024Q1	us-gaap	Revenues Revenues	74000000	usd
CY2023Q1	us-gaap	Revenues Revenues	1284000000	usd
CY2024Q1	us-gaap	Assets Assets	239688000000	usd
CY2023Q4	us-gaap	Assets Assets	236340000000	usd
CY2024Q1	us-gaap	Liability For Future Policy Benefits LiabilityForFuturePolicyBenefits	32245000000	usd
CY2023Q1	us-gaap	Liability For Future Policy Benefits LiabilityForFuturePolicyBenefits	32286000000	usd
CY2024Q1	us-gaap	Policyholder Funds PolicyholderFunds	84159000000	usd
CY2023Q1	us-gaap	Policyholder Funds PolicyholderFunds	76120000000	usd
CY2024Q1	bhf	Variable Income Annuities VariableIncomeAnnuities	207000000	usd
CY2023Q1	bhf	Variable Income Annuities VariableIncomeAnnuities	150000000	usd
CY2024Q1	bhf	Pension Risk Transfer Annuities PensionRiskTransferAnnuities	20000000	usd
CY2023Q1	bhf	Pension Risk Transfer Annuities PensionRiskTransferAnnuities	18000000	usd
CY2024Q1	us-gaap	Separate Accounts Liability SeparateAccountsLiability	90332000000	usd
CY2023Q1	us-gaap	Separate Accounts Liability SeparateAccountsLiability	87440000000	usd
CY2023Q4	us-gaap	Separate Account Assets SeparateAccountAssets	88271000000	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	87555000000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	27000000	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	724000000	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	7778000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	80474000000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	87131000000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	21000000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	1037000000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	7156000000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	80991000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	3336000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	17921000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost	14621000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost	29786000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost	21891000000	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	87555000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	3291000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	17321000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	13265000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	26216000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue	20381000000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	80474000000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	11735000000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	692000000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	49262000000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	7086000000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	8061000000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	585000000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	51758000000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	6571000000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions	1825
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions	6712
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions	1347
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions	7038
CY2024Q1	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	27000000	usd
CY2024Q1	bhf	Debt Securities Available For Sale With Allowance For Credit Loss Number Of Positions DebtSecuritiesAvailableForSaleWithAllowanceForCreditLossNumberOfPositions	23
CY2024Q1	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	27000000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	21000000	usd
CY2024Q1	bhf	Debt Securities Available For Sale Writeoff DebtSecuritiesAvailableForSaleWriteoff	0	usd
CY2023Q1	bhf	Debt Securities Available For Sale Writeoff DebtSecuritiesAvailableForSaleWriteoff	7000000	usd
CY2024Q1	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	3191000000	usd
CY2024Q1	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Debt Securities That Were Temporarily Impaired NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDebtSecuritiesThatWereTemporarilyImpaired	-7054000000	usd
CY2023Q4	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Debt Securities That Were Temporarily Impaired NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDebtSecuritiesThatWereTemporarilyImpaired	-6119000000	usd
CY2024Q1	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Derivatives NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDerivatives	401000000	usd
CY2023Q4	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Derivatives NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDerivatives	351000000	usd
CY2024Q1	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Other Investments NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToOtherInvestments	-8000000	usd
CY2023Q4	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Other Investments NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToOtherInvestments	2000000	usd
CY2024Q1	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Subtotal Of Investment Gains Losses Components NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossSubtotalOfInvestmentGainsLossesComponents	-6661000000	usd
CY2023Q4	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Subtotal Of Investment Gains Losses Components NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossSubtotalOfInvestmentGainsLossesComponents	-5766000000	usd
CY2024Q1	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Allocated From Insurance Liability Loss Recognition NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAllocatedFromInsuranceLiabilityLossRecognition	813000000	usd
CY2023Q4	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Allocated From Insurance Liability Loss Recognition NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAllocatedFromInsuranceLiabilityLossRecognition	652000000	usd
CY2024Q1	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Deferred Income Tax Benefit Expense NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDeferredIncomeTaxBenefitExpense	1228000000	usd
CY2023Q4	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Related To Deferred Income Tax Benefit Expense NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossRelatedToDeferredIncomeTaxBenefitExpense	1074000000	usd
CY2024Q1	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLoss	-4620000000	usd
CY2023Q4	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLoss	-4040000000	usd
CY2023Q4	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Attributable To Company NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAttributableToCompany	-4040000000	usd
CY2024Q1	bhf	Changes In Net Unrealized Investment Gains Losses Related To Unrealized Investment Gains Losses During Period ChangesInNetUnrealizedInvestmentGainsLossesRelatedToUnrealizedInvestmentGainsLossesDuringPeriod	-895000000	usd
CY2024Q1	bhf	Changes In Net Unrealized Investment Gains Losses Related To Insurance Liability Gain Loss Recognition ChangesInNetUnrealizedInvestmentGainsLossesRelatedToInsuranceLiabilityGainLossRecognition	161000000	usd
CY2024Q1	bhf	Income Tax Expense On Change In Unrealized Gain Or Loss IncomeTaxExpenseOnChangeInUnrealizedGainOrLoss	-154000000	usd
CY2024Q1	bhf	Net Unrealized Investment Gains Losses Included In Accumulated Other Comprehensive Income Loss Attributable To Company NetUnrealizedInvestmentGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAttributableToCompany	-4620000000	usd
CY2024Q1	bhf	Changes In Net Unrealized Investment Gains Losses Attributable To Company ChangesInNetUnrealizedInvestmentGainsLossesAttributableToCompany	-580000000	usd
CY2024Q1	us-gaap	Derivative Average Remaining Maturity1 DerivativeAverageRemainingMaturity1	P3Y9M18D
CY2023Q4	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	3277000000	usd
CY2024Q1	bhf	Securities Lending Reinvestment Portfolio Estimated Fair Value SecuritiesLendingReinvestmentPortfolioEstimatedFairValue	3159000000	usd
CY2023Q4	bhf	Securities Lending Reinvestment Portfolio Estimated Fair Value SecuritiesLendingReinvestmentPortfolioEstimatedFairValue	3246000000	usd
CY2024Q1	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	3191000000	usd
CY2023Q4	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	3277000000	usd
CY2024Q1	us-gaap	Securities Loaned Not Subject To Master Netting Arrangement SecuritiesLoanedNotSubjectToMasterNettingArrangement	568000000	usd
CY2024Q1	bhf	Percentageof Reinvestment Portfolio Invested In Liquid Assets PercentageofReinvestmentPortfolioInvestedInLiquidAssets	0.54
CY2024Q1	us-gaap	Deposit Assets DepositAssets	8529000000	usd
CY2023Q4	us-gaap	Deposit Assets DepositAssets	8593000000	usd
CY2024Q1	us-gaap	Assets Held In Trust AssetsHeldInTrust	7151000000	usd
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CY2024Q1	bhf	Invested Assets Pledged As Collateral InvestedAssetsPledgedAsCollateral	14155000000	usd
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CY2024Q1	bhf	Invested Assets On Deposit Held In Trust And Pledged As Collateral InvestedAssetsOnDepositHeldInTrustAndPledgedAsCollateral	29835000000	usd
CY2023Q4	bhf	Invested Assets On Deposit Held In Trust And Pledged As Collateral InvestedAssetsOnDepositHeldInTrustAndPledgedAsCollateral	29714000000	usd
CY2024Q1	us-gaap	Gross Investment Income Operating GrossInvestmentIncomeOperating	1340000000	usd
CY2023Q1	us-gaap	Gross Investment Income Operating GrossInvestmentIncomeOperating	1150000000	usd
CY2024Q1	us-gaap	Investment Income Investment Expense InvestmentIncomeInvestmentExpense	86000000	usd
CY2023Q1	us-gaap	Investment Income Investment Expense InvestmentIncomeInvestmentExpense	91000000	usd
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CY2023Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-96000000	usd
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CY2023Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	772000000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Realized Gain DebtSecuritiesAvailableForSaleRealizedGain	2000000	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Realized Gain DebtSecuritiesAvailableForSaleRealizedGain	3000000	usd
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CY2023Q1	us-gaap	Debt Securities Available For Sale Realized Loss DebtSecuritiesAvailableForSaleRealizedLoss	73000000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Realized Gain Loss DebtSecuritiesAvailableForSaleRealizedGainLoss	-32000000	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Realized Gain Loss DebtSecuritiesAvailableForSaleRealizedGainLoss	-70000000	usd
CY2024Q1	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	181765000000	usd
CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	3845000000	usd
CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	5373000000	usd
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CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	0	usd
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CY2024Q1	bhf	Derivative Aoci Associated With Cash Flow Hedges Pre Tax DerivativeAOCIAssociatedWithCashFlowHedgesPreTax	401000000	usd
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CY2024Q1	us-gaap	Credit Risk Derivatives At Fair Value Net CreditRiskDerivativesAtFairValueNet	29000000	usd
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CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	3605000000	usd
CY2024Q1	us-gaap	Derivative Asset Not Offset Policy Election Deduction DerivativeAssetNotOffsetPolicyElectionDeduction	3308000000	usd
CY2024Q1	us-gaap	Derivative Asset Collateral Obligation To Return Cash Offset DerivativeAssetCollateralObligationToReturnCashOffset	275000000	usd
CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	22000000	usd
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CY2024Q1	us-gaap	Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection	6000000	usd
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CY2024Q1	us-gaap	Derivative Liability Not Offset Policy Election Deduction DerivativeLiabilityNotOffsetPolicyElectionDeduction	3308000000	usd
CY2024Q1	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	0	usd
CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	1873000000	usd
CY2024Q1	bhf	Derivative Liability Collateral Right To Reclaim Securities Offset DerivativeLiabilityCollateralRightToReclaimSecuritiesOffset	1873000000	usd
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CY2023Q4	us-gaap	Derivative Asset Collateral Obligation To Return Cash Offset DerivativeAssetCollateralObligationToReturnCashOffset	164000000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	230000000	usd
CY2023Q4	bhf	Derivative Asset Collateral Obligation To Return Securities Offset DerivativeAssetCollateralObligationToReturnSecuritiesOffset	194000000	usd
CY2023Q4	us-gaap	Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection	36000000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	4925000000	usd
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CY2023Q4	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	8000000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	1805000000	usd
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CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	70100	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	70100	shares
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	70100	shares
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CY2024Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	26000000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	26000000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-5246000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	-246000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	51000000	usd
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CY2023Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	-204000000	usd
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CY2023Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax	-64000000	usd
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CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	63036773	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	67873189	shares
CY2024Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	111000000	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	98000000	usd
CY2024Q1	us-gaap	Professional Fees ProfessionalFees	63000000	usd
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CY2024Q1	bhf	Transition Services Agreements TransitionServicesAgreements	7000000	usd
CY2023Q1	bhf	Transition Services Agreements TransitionServicesAgreements	11000000	usd
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CY2023Q1	us-gaap	Direct Taxes And Licenses Costs DirectTaxesAndLicensesCosts	14000000	usd
CY2024Q1	us-gaap	Custody Fees CustodyFees	92000000	usd
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CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-519000000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-525000000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	63036773	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	67873189	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-8.22
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-7.72
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-8.22
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-7.72
CY2024Q1	us-gaap	Premiums Receivable Allowance For Doubtful Accounts Period Increase Decrease PremiumsReceivableAllowanceForDoubtfulAccountsPeriodIncreaseDecrease	187000000	usd
CY2024Q1	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	98000000	usd
CY2023Q4	us-gaap	Guarantee Obligations Current Carrying Value GuaranteeObligationsCurrentCarryingValue	1000000	usd
CY2024Q1	us-gaap	Guarantee Obligations Current Carrying Value GuaranteeObligationsCurrentCarryingValue	1000000	usd
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
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0001685040-24-000019-index.html	Edgar Link	pending
0001685040-24-000019.txt	Edgar Link	pending
0001685040-24-000019-xbrl.zip	Edgar Link	pending
bhf-03312024xex101.htm	Edgar Link	pending
bhf-03312024xex102.htm	Edgar Link	pending
bhf-03312024xex311.htm	Edgar Link	pending
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bhf-20240331.htm	Edgar Link	pending
bhf-20240331_cal.xml	Edgar Link	unprocessable
bhf-20240331.xsd	Edgar Link	pending
bhf-20240331_g1.jpg	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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bhf-20240331_def.xml	Edgar Link	unprocessable
bhf-20240331_lab.xml	Edgar Link	unprocessable
bhf-20240331_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
bhf-20240331_htm.xml	Edgar Link	completed
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$BHF
Brighthouse Financial, Inc. Stock $bhf

2024 Q2 Form 10-Q Financial Statement

#000168504024000019 Filed on May 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BHF Brighthouse Financial, Inc. Stock $bhf

2024 Q2 Form 10-Q Financial Statement

#000168504024000019 Filed on May 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BHF
Brighthouse Financial, Inc. Stock $bhf