← Brighthouse Financial, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent — — — ($740.0m)
($1.1b) -43.38%
($108.0m) +89.82%
$5.0m +104.63%
($1.1b) -22340.00%
$388.0m +134.89%
$433.0m +11.60%
—
Net Income (Loss) Available to Common Stockholders, Basic ($2.9b)
($378.0m) +87.14%
$865.0m +328.84%
($761.0m) -187.98%
($1.1b) -45.20%
($197.0m) +82.17%
($99.0m) +49.75%
($1.2b) -1126.26%
$286.0m +123.56%
$331.0m +15.73%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($2.9b) ($378.0m) $870.0m ($735.0m) ($1.1b) ($103.0m) $10.0m ($1.1b) $393.0m $438.0m —
Net Income (Loss) Attributable to Noncontrolling Interest — — $5.0m $5.0m $5.0m $5.0m $5.0m $5.0m $5.0m $5.0m —
Depreciation and amortization $17.0m $17.0m $18.0m — — — — — — — —
Amortization of Intangible Assets $16.0m $15.0m $14.0m $13.0m — — — — — — —
Deferred Policy Acquisition Costs, Amortization Expense $256.0m $187.0m $944.0m $373.0m $738.0m $151.0m $890.0m $211.0m $162.0m $143.0m —
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization $371.0m $227.0m $1.1b $382.0m $766.0m $144.0m $956.0m $620.0m $599.0m $609.0m —
Amortization Of Securities — — — — — — ($233.0m) ($282.0m) ($330.0m) ($320.0m) ($320.0m)
Deferred Income Tax Expense (Benefit) ($1.5b) ($667.0m) $285.0m ($285.0m) — — — — — — —
Share-based Payment Arrangement, Expense — — — — — $23.0m $22.0m $29.0m $23.0m $42.0m —
Goodwill, Impairment Loss $161.0m $0 $0 — — — — — — — —
Earnings (Loss)es From Equity Investments — — — — — — $110.0m $83.0m $41.0m ($24.0m) ($24.0m)
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions $7.0m $46.0m $66.0m ($70.0m) $54.0m $987.0m ($110.0m) ($83.0m) ($41.0m) $24.0m —
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — ($4.3b) ($1.3b) ($2.1b) $1.4b $1.4b
Change In Receivables — — — — — — ($1.4b) ($1.3b) ($1.5b) ($400.0m) ($400.0m)
Changes In Account Receivables — — — — — — ($1.4b) ($1.3b) ($1.5b) ($400.0m) ($400.0m)
Increase (Decrease) in Other Operating Assets ($2.2b) ($2.3b) ($2.1b) ($2.0b) ($2.0b) ($2.1b) ($1.8b) ($1.1b) ($1.2b) ($1.1b) —
Gain (Loss) on Disposition of Other Assets $1.0m ($1.0m) — — — — — — — — —
Change In Other Current Assets — — — — — — $1.3b $1.1b $1.2b $1.1b $1.1b
Change In Other Current Liabilities — — — — — — $176.0m $95.0m $402.0m $420.0m $420.0m
Net Cash Provided by (Used in) Operating Activities $3.7b
$3.4b -9.10%
$3.1b -9.84%
$1.8b -40.30%
$888.0m -51.42%
$746.0m -15.99%
($1.2b) -254.29%
($137.0m) +88.10%
($290.0m) -111.68%
$259.0m +189.31%
$259.0m 0.00%
Cash flows from investing activities:
Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded — — — — $4.0m $11.0m — $18.0m $58.0m $4.0m —
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — — $312.0m ($4.0m) ($184.0m) ($201.0m) ($173.0m) ($71.0m) —
Gain (Loss) on Sale of Investments $11.0m ($5.0m) ($38.0m) ($8.0m) $11.0m — — — — — —
Gain (Loss) on Investments ($78.0m) ($28.0m) ($207.0m) $112.0m $278.0m ($59.0m) ($248.0m) ($232.0m) ($264.0m) ($51.0m) $51.0m
Payments for (Proceeds from) Other Investing Activities $0 ($2.0m) $0 $0 — — — — $4.0m $0 —
Net Cash Provided by (Used in) Investing Activities $4.7b ($3.9b) ($4.5b) ($7.3b) ($5.8b) ($12.2b) ($8.3b) ($3.2b) ($2.2b) $751.0m ($506.0m)
Cash flows from financing activities:
Repayments of Long-term Debt $26.0m $13.0m $9.0m $602.0m $1.6b $680.0m $3.0m $2.0m $2.0m $2.0m ($2.0m)
Proceeds from Issuance of Long-term Debt $0 $3.6b $375.0m $1.0b $615.0m $400.0m $0 $0 — — $0
Gain (Loss) on Extinguishment of Debt — — — — — ($75.0m) $0 $0 — — —
Issuance Of Debt — — — — — $400.0m $0 $0 — — $0
Long Term Debt Issuance — — — — — $400.0m $0 $0 — — $0
Long Term Debt Payments — — — — — — ($3.0m) ($2.0m) ($2.0m) ($2.0m) ($2.0m)
Net Issuance Payments Of Debt — — — — — — ($3.0m) ($2.0m) ($2.0m) ($2.0m) ($2.0m)
Net Long Term Debt Issuance — — — — — — ($3.0m) ($2.0m) ($2.0m) ($2.0m) ($2.0m)
Repayment Of Debt — — — — — — ($3.0m) ($2.0m) ($2.0m) ($2.0m) ($2.0m)
Payments for Repurchase of Common Stock — — $105.0m $442.0m $473.0m $499.0m $488.0m $250.0m $250.0m $102.0m —
Common Stock Payments — — — — — — ($488.0m) ($250.0m) ($250.0m) ($102.0m) $0
Issuance Of Capital Stock — — — — — $339.0m $0 $0 — — $0
Net Common Stock Issuance — — — — — — ($488.0m) ($250.0m) ($250.0m) ($102.0m) $0
Repurchase Of Capital Stock — — — — — — ($488.0m) ($250.0m) ($250.0m) ($102.0m) $0
Dividends paid $556.0m $0 — — — — — — — — ($102.0m)
Cash Dividends Paid — — — — — — ($104.0m) ($102.0m) ($102.0m) ($102.0m) ($102.0m)
Preferred Stock Dividend Paid — — — — — — ($104.0m) ($102.0m) ($102.0m) ($102.0m) ($102.0m)
Proceeds from (Payments for) Other Financing Activities $0 ($48.0m) ($68.0m) ($56.0m) ($46.0m) ($86.0m) ($16.0m) ($19.0m) ($17.0m) ($17.0m) —
Net Other Financing Charges — — — — — — $11.4b $4.3b $3.8b ($1.3b) ($74.0m)
Net Cash Provided by (Used in) Financing Activities ($4.8b)
($2.9b) +39.98%
$3.8b +231.98%
$4.2b +12.78%
$6.2b +45.72%
$11.9b +91.69%
$9.1b -23.53%
$3.1b -66.16%
$3.7b +19.84%
($668.0m) -118.16%
$2.6b +490.57%
Beginning Cash Position — — — — — — $4.5b $4.1b $3.9b $5.0b $5.5b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $3.7b ($3.4b) $2.3b $2.9b $4.1b $4.5b $4.1b $3.9b $5.0b $5.4b $7.1b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $159.0m $187.0m $186.0m $160.0m $152.0m $151.0m $151.0m $151.0m —
Income Taxes Paid, Net $189.0m ($637.0m) ($895.0m) $16.0m ($100.0m) $103.0m $44.0m $7.0m $13.0m $12.0m —
Additional Financial Items
Derivative, Gain (Loss) on Derivative, Net — — — — — — — — $8.0m $4.0m —
Gain (Loss) on Derivative Instruments, Net, Pretax ($5.9b) ($1.6b) $702.0m ($2.0b) ($18.0m) ($2.5b) $304.0m ($3.9b) ($3.7b) ($1.8b) —
Gain (Loss) on Sales of Loans, Net $6.0m ($9.0m) ($13.0m) ($10.0m) ($27.0m) — — — — — —
Gains (Losses) on Sales of Investment Real Estate ($34.0m) $4.0m $42.0m $7.0m ($3.0m) — — — — — —
Income Tax Expense (Benefit) ($1.8b) ($237.0m) $119.0m ($317.0m) ($363.0m) ($105.0m) ($182.0m) ($367.0m) $29.0m $36.0m —
Insurance Services Revenue — — $5.1b $4.9b $4.6b $4.8b $4.3b $3.6b $3.5b $3.4b —
Market Risk Benefit, Change in Fair Value, Gain (Loss) — — — — — ($3.3b) ($3.3b) $1.5b $2.7b $268.0m —
Operating Expenses $2.3b $2.5b $2.6b $2.5b $2.4b $2.5b $2.1b $2.0b $1.9b $2.0b —
Proceeds from Contributions from Parent $1.8b $293.0m $0 $0 — — — — — — —
Realized Investment Gains (Losses) — — — — — ($59.0m) ($248.0m) ($246.0m) ($295.0m) ($97.0m) —
Cash Flow From Continuing Financing Activities — — — — — — $9.1b $3.1b $3.7b ($668.0m) $2.6b
Cash Flow From Continuing Investing Activities — — — — — — ($8.3b) ($3.2b) ($2.2b) $751.0m ($506.0m)
Change In Cash Supplemental As Reported — — — — — — ($359.0m) ($264.0m) $1.2b $342.0m —
Change In Other Working Capital — — — — — — ($2.5b) ($1.2b) ($2.0b) $242.0m $242.0m
Changes In Cash — — — — — — ($359.0m) ($264.0m) $1.2b $342.0m $1.6b
End Cash Position — — — — — — $4.1b $3.9b $5.0b $5.4b $7.1b
Financing Cash Flow — — — — — — $9.1b
$3.1b -66.44%
$3.7b +19.84%
($668.0m) -118.16%
$2.6b +490.57%
Free Cash Flow — — — — — — ($1.2b) ($137.0m) ($290.0m) $259.0m ($538.0m)
Gain Loss On Investment Securities — — — — — — $248.0m $232.0m $264.0m $51.0m $51.0m
Investing Cash Flow — — — — — — ($8.3b) ($3.2b) ($2.2b) $751.0m ($506.0m)
Net Business Purchase And Sale — — — — — — ($562.0m) ($248.0m) $38.0m $292.0m $275.0m
Net Investment Purchase And Sale — — — — — — ($4.5b) ($3.3b) ($682.0m) ($496.0m) ($991.0m)
Net Preferred Stock Issuance — — — — — $339.0m $0 $0 — — $0
Operating Gains Losses — — — — — — $358.0m $315.0m $305.0m $27.0m $27.0m
Other Non Cash Items — — — — — — ($2.4b) ($2.3b) ($2.1b) ($2.1b) —
Purchase Of Business — — — — — — ($814.0m) ($453.0m) ($299.0m) ($278.0m) ($261.0m)
Purchase Of Investment — — — — — — ($20.5b) ($14.5b) ($24.9b) ($30.8b) ($36.8b)
Sale Of Business — — — — — — $252.0m $205.0m $337.0m $570.0m $536.0m
Sale Of Investment — — — — — — $16.0b $11.1b $24.2b $30.3b $35.8b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.