Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Investments:
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $79,246 and $70,529, respectively; allowance for credit losses of $11 and $2, respectively)	$ 87,582	$ 82,495
Equity securities, at estimated fair value	101	138
Mortgage loans (net of allowance for credit losses of $123 and $94, respectively)	19,850	15,808
Policy loans	1,264	1,291
Limited partnerships and limited liability companies	4,271	2,810
Short-term investments, principally at estimated fair value	1,841	3,242
Other invested assets, principally at estimated fair value (net of allowance for credit losses of $13 and $13, respectively)	3,316	3,747
Total investments	118,225	109,531
Cash and cash equivalents	4,474	4,108
Accrued investment income	724	676
Premiums, reinsurance and other receivables (net of allowance for credit losses of $10 and $10, respectively)	16,094	16,158
Deferred policy acquisition costs and value of business acquired	5,377	4,911
Other assets	482	516
Separate account assets	114,464	111,969
Total assets	259,840	247,869
Liabilities
Future policy benefits	43,807	44,448
Policyholder account balances	66,851	54,508
Other policy-related balances	3,457	3,411
Payables for collateral under securities loaned and other transactions	6,269	5,252
Long-term debt	3,157	3,436
Current income tax payable	62	126
Deferred income tax liability	1,062	1,620
Other liabilities	4,504	5,011
Separate account liabilities	114,464	111,969
Total liabilities	243,633	229,781
Contingencies, Commitments and Guarantees (Note 15)
Brighthouse Financial, Inc.’s stockholders’ equity:
Preferred stock, par value $0.01 per share; $1,753 and $1,403, respectively, aggregate liquidation preference	0	0
Common stock, par value $0.01 per share; 1,000,000,000 shares authorized; 121,513,442 and 121,002,523 shares issued, respectively; 77,870,072 and 88,211,618 shares outstanding, respectively	1	1
Additional paid-in capital	14,154	13,878
Retained earnings (deficit)	(642)	(534)
Treasury stock, at cost; 43,643,370 and 32,790,905 shares, respectively	(1,543)	(1,038)
Accumulated other comprehensive income (loss)	4,172	5,716
Total Brighthouse Financial, Inc.’s stockholders’ equity	16,142	18,023
Noncontrolling interests	65	65
Total equity	16,207	18,088
Total liabilities and equity	$ 259,840	$ 247,869