Brighthouse Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	82,014	79,689	80,991	75,577	87,582
Investments in Equity & Preferred Securities	4,775	5,270	5,048	4,864	4,372
Policy Loans	1,450	2,024	1,331	1,282	1,264
Other Investments	2,133	2,653	1,520	1,382	1,853
Total Investments	113,930	113,209	111,643	106,345	116,015
Cash & Equivalents	5,387	5,045	3,851	4,115	4,474
Reinsurance Recoverable	20,903	-	-	-	-
Other Receivables	1,952	1,404	1,309	1,026	16,546
Deferred Policy Acquisition Cost	4,567	4,335	4,456	5,084	4,847
Separate Account Assets	85,528	85,636	88,271	84,965	114,464
Other Current Assets	6,482	3,848	3,469	1,943	2,218
Long-Term Deferred Tax Assets	1,442	1,875	1,893	1,736	-
Other Long-Term Assets	1,609	23,185	21,448	19,633	1,276
Total Assets	241,800	238,537	236,340	224,847	259,840
Insurance & Annuity Liabilities	131,933	120,131	119,610	115,579	105,619
Current Portion of Long-Term Debt	-	2,738	2,209	2,802	132
Short-Term Debt	4,705	3,891	3,670	4,560	6,269
Current Income Taxes Payable	-	-	-	-	62
Long-Term Debt	3,155	3,152	3,156	3,156	3,155
Long-Term Deferred Tax Liabilities	-	-	-	-	1,062
Separate Account Liability	85,528	85,636	88,271	84,965	114,464
Other Current Liabilities	-	14,053	11,065	5,048	10,010
Other Long-Term Liabilities	9,646	3,837	3,268	3,057	2,755
Total Liabilities	234,967	233,513	231,332	219,249	243,633
Common Stock	1	1	1	1	1
Additional Paid-In Capital	13,870	13,927	14,004	14,075	14,154
Retained Earnings	-686	-1,119	-1,507	-395	-642
Treasury Stock	-2,688	-2,572	-2,309	-2,042	-1,543
Comprehensive Income & Other	-3,729	-5,278	-5,246	-6,106	4,172
Total Common Equity	6,768	4,959	4,943	5,533	16,142
Minority Interest	65	65	65	65	65
Shareholders' Equity	6,833	5,024	5,008	5,598	16,207
Total Liabilities & Equity	241,800	238,537	236,340	224,847	259,840
Filing Date Shares Outstanding	57.17	58.06	62.88	67.7	76.63
Total Common Shares Outstanding	57.17	58.63	63.5	68.28	77.87
Total Debt	7,860	9,781	9,035	10,518	9,556
Net Cash (Debt)	-2,473	-4,736	-5,184	-6,403	-5,082
Net Cash Per Share	-42.66	-76.88	-78.53	-87.02	-60.17
Book Value Per Share	118.38	84.58	77.84	81.04	207.29
Tangible Book Value	6,768	4,959	4,943	5,533	16,142
Tangible Book Value Per Share	118.38	84.58	77.84	81.04	207.29

Updated Feb 23, 2026. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q