Brighthouse Financial Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
BHF$42.60+3.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Financial Statements and Supplementary Data
Index to Consolidated Financial Statements, Notes and Schedules
| Page | |
|---|---|
| Report of Independent Registered Public Accounting Firm | 110 |
| Financial Statements at December 31, 2023 and 2022 and for the Years Ended December 31, 2023, 2022 and 2021: | |
| Consolidated Balance Sheets | 113 |
| Consolidated Statements of Operations | 114 |
| Consolidated Statements of Comprehensive Income (Loss) | 115 |
| Consolidated Statements of Equity | 116 |
| Consolidated Statements of Cash Flows | 117 |
| Notes to the Consolidated Financial Statements | |
| Note 1 — Business, Basis of Presentation and Summary of Significant Accounting Policies | 119 |
| Note 2 — ASU 2018-12 Transition | 129 |
| Note 3 — Segment Information | 131 |
| Note 4 — Insurance Liabilities | 136 |
| Note 5 — Market Risk Benefits | 142 |
| Note 6 — Separate Accounts | 143 |
| Note 7 — Deferred Policy Acquisition Costs, Value of Business Acquired and Other Intangibles | 145 |
| Note 8 — Reinsurance | 146 |
| Note 9 — Investments | 149 |
| Note 10 — Derivatives | 162 |
| Note 11 — Fair Value | 167 |
| Note 12 — Long-term Debt | 176 |
| Note 13 — Equity | 178 |
| Note 14 — Other Revenues and Other Expenses | 186 |
| Note 15 — Employee Benefit Plans | 187 |
| Note 16 — Income Tax | 188 |
| Note 17 — Earnings Per Common Share | 191 |
| Note 18 — Contingencies, Commitments and Guarantees | 192 |
| Note 19 — Quarterly Results of Operations (Unaudited) | 196 |
| Note 20 — Subsequent Event | 196 |
| Financial Statement Schedules at December 31, 2023 and 2022 and for the Years Ended December 31, 2023, 2022 and 2021: | |
| Schedule I — Consolidated Summary of Investments — Other Than Investments in Related Parties | 197 |
| Schedule II — Condensed Financial Information (Parent Company Only) | 198 |
| Schedule III — Consolidated Supplementary Insurance Information | 203 |
| Schedule IV — Consolidated Reinsurance | 205 |
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