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10-Q Filing

BRIGHTHOUSE FINANCIAL, INC. CIK: 1685040 Q2 2021
Filing Information
Form Type 10-Q
Accession Number 0001685040-21-000029
Period End Date 20210630
Filing Date 20210806
Fiscal Year 2021
Fiscal Period Q2
XBRL Instance bhf-20210630_htm.xml
Filing Contents
Balance Sheet 106 line items
Line Item Tag Value Unit Period
Amortized cost of fixed maturity securities available-for-sale AvailableForSaleDebtSecuritiesAmortizedCostBasis $75.45B USD Point-in-time
Amortized cost of fixed maturity securities available-for-sale AvailableForSaleDebtSecuritiesAmortizedCostBasis $70.53B USD Point-in-time
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $75,454 and $70,529, respectively; allowance for credit losses of $9 and $2, respectively) AvailableForSaleSecuritiesDebtSecurities $84.78B USD Point-in-time
Fixed maturity securities, allowance for credit losses DebtSecuritiesAvailableForSaleAllowanceForCreditLoss $4.00M USD Point-in-time
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $75,454 and $70,529, respectively; allowance for credit losses of $9 and $2, respectively) AvailableForSaleSecuritiesDebtSecurities $82.50B USD Point-in-time
Fixed maturity securities, allowance for credit losses DebtSecuritiesAvailableForSaleAllowanceForCreditLoss $2.00M USD Point-in-time
Fixed maturity securities, allowance for credit losses DebtSecuritiesAvailableForSaleAllowanceForCreditLoss $4.00M USD Point-in-time
Fixed maturity securities, allowance for credit losses DebtSecuritiesAvailableForSaleAllowanceForCreditLoss $9.00M USD Point-in-time
Equity securities, at estimated fair value AvailableForSaleSecuritiesEquitySecurities $138.00M USD Point-in-time
Mortgage loans valuation allowances AllowanceForLoanAndLeaseLossesRealEstate $94.00M USD Point-in-time
Equity securities, at estimated fair value AvailableForSaleSecuritiesEquitySecurities $91.00M USD Point-in-time
Mortgage loans valuation allowances AllowanceForLoanAndLeaseLossesRealEstate $97.00M USD Point-in-time
Leveraged leases, allowance for credit losses LeveragedLeasesAllowanceForCreditLosses $13.00M USD Point-in-time
Leveraged leases, allowance for credit losses LeveragedLeasesAllowanceForCreditLosses $13.00M USD Point-in-time
Mortgage loans (net of allowance for credit losses of $97 and $94, respectively) MortgageLoansOnRealEstateCommercialAndConsumerNet $16.73B USD Point-in-time
Mortgage loans (net of allowance for credit losses of $97 and $94, respectively) MortgageLoansOnRealEstateCommercialAndConsumerNet $15.81B USD Point-in-time
Policy loans LoansInsurancePolicy $1.29B USD Point-in-time
Premiums, reinsurance and other, allowance for credit losses ReinsuranceRecoverablesAllowance $10.00M USD Point-in-time
Policy loans LoansInsurancePolicy $1.25B USD Point-in-time
Premiums, reinsurance and other, allowance for credit losses ReinsuranceRecoverablesAllowance $10.00M USD Point-in-time
Limited partnerships and limited liability companies RealEstateInvestments $3.55B USD Point-in-time
Limited partnerships and limited liability companies RealEstateInvestments $2.81B USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Short-term investments, principally at estimated fair value ShortTermInvestments $1.29B USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Short-term investments, principally at estimated fair value ShortTermInvestments $3.24B USD Point-in-time
Preferred stock, aggregate liquidation preference PreferredStockLiquidationPreferenceValue $1.40B USD Point-in-time
Other invested assets, principally at estimated fair value (net of allowance for credit losses of $13 and $13, respectively) OtherInvestments $2.86B USD Point-in-time
Preferred stock, aggregate liquidation preference PreferredStockLiquidationPreferenceValue $1.40B USD Point-in-time
Other invested assets, principally at estimated fair value (net of allowance for credit losses of $13 and $13, respectively) OtherInvestments $3.75B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total investments Investments $110.56B USD Point-in-time
Total investments Investments $109.53B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.11B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.88B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Accrued investment income AccruedInvestmentIncomeReceivable $676.00M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 121.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 121.48M shares Point-in-time
Accrued investment income AccruedInvestmentIncomeReceivable $827.00M USD Point-in-time
Premiums, reinsurance and other receivables (net of allowance for credit losses of $10 and $10, respectively) PremiumsAndOtherReceivablesNet $16.13B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 88.21M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 84.22M shares Point-in-time
Premiums, reinsurance and other receivables (net of allowance for credit losses of $10 and $10, respectively) PremiumsAndOtherReceivablesNet $16.16B USD Point-in-time
Deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired $5.12B USD Point-in-time
Treasury stock, shares TreasuryStockShares 32.79M shares Point-in-time
Treasury stock, shares TreasuryStockShares 37.25M shares Point-in-time
Deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired $4.91B USD Point-in-time
Other assets OtherAssets $516.00M USD Point-in-time
Other assets OtherAssets $494.00M USD Point-in-time
Separate account assets SeparateAccountAssets $115.84B USD Point-in-time
Separate account assets SeparateAccountAssets $111.97B USD Point-in-time
Total assets Assets $247.87B USD Point-in-time
Total assets Assets $253.86B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefitAfterReinsurance $44.45B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefitAfterReinsurance $43.43B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $54.51B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $60.30B USD Point-in-time
Other policy-related balances OtherPolicyholderFunds $3.41B USD Point-in-time
Other policy-related balances OtherPolicyholderFunds $3.36B USD Point-in-time
Payables for collateral under securities loaned and other transactions ObligationToReturnSecuritiesReceivedAsCollateral $5.25B USD Point-in-time
Payables for collateral under securities loaned and other transactions ObligationToReturnSecuritiesReceivedAsCollateral $5.14B USD Point-in-time
Long-term debt LongTermDebt $3.44B USD Point-in-time
Long-term debt LongTermDebt $3.44B USD Point-in-time
Current income tax payable AccruedIncomeTaxes $126.00M USD Point-in-time
Current income tax payable AccruedIncomeTaxes $150.00M USD Point-in-time
Deferred income tax liability DeferredIncomeTaxLiabilitiesNet $1.11B USD Point-in-time
Deferred income tax liability DeferredIncomeTaxLiabilitiesNet $1.62B USD Point-in-time
Other liabilities OtherLiabilities $4.92B USD Point-in-time
Other liabilities OtherLiabilities $5.01B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $111.97B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $115.84B USD Point-in-time
Total liabilities Liabilities $229.78B USD Point-in-time
Total liabilities Liabilities $237.68B USD Point-in-time
Contingencies, Commitments and Guarantees (Note 10) CommitmentsAndContingencies - USD Point-in-time
Contingencies, Commitments and Guarantees (Note 10) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, par value $0.01 per share; $1,403 aggregate liquidation preference PreferredStockValue - USD Point-in-time
Preferred stock, par value $0.01 per share; $1,403 aggregate liquidation preference PreferredStockValue - USD Point-in-time
Common stock, par value $0.01 per share; 1,000,000,000 shares authorized; 121,475,669 and 121,002,523 shares issued, respectively; 84,223,669 and 88,211,618 shares outstanding, respectively CommonStockValue $1.00M USD Point-in-time
Common stock, par value $0.01 per share; 1,000,000,000 shares authorized; 121,475,669 and 121,002,523 shares issued, respectively; 84,223,669 and 88,211,618 shares outstanding, respectively CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $13.88B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $13.84B USD Point-in-time
Retained earnings (deficit) RetainedEarningsAccumulatedDeficit $-534.00M USD Point-in-time
Retained earnings (deficit) RetainedEarningsAccumulatedDeficit $-1.09B USD Point-in-time
Treasury stock, at cost; 37,252,000 and 32,790,905 shares, respectively TreasuryStockValue $1.04B USD Point-in-time
Treasury stock, at cost; 37,252,000 and 32,790,905 shares, respectively TreasuryStockValue $1.24B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.96B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $2.65B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.60B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.39B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $5.72B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.24B USD Point-in-time
Total Brighthouse Financial, Inc.s stockholders equity StockholdersEquity $16.11B USD Point-in-time
Total Brighthouse Financial, Inc.s stockholders equity StockholdersEquity $18.02B USD Point-in-time
Noncontrolling interests MinorityInterest $65.00M USD Point-in-time
Noncontrolling interests MinorityInterest $65.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.09B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.97B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.24B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.44B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.08B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.18B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $253.86B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $247.87B USD Point-in-time
Income Statement 98 line items
Line Item Tag Value Unit Period
Premiums PremiumsEarnedNet $346.00M USD 2 Qtrs
Premiums PremiumsEarnedNet $193.00M USD 1 Quarter
Premiums PremiumsEarnedNet $391.00M USD 2 Qtrs
Premiums PremiumsEarnedNet $162.00M USD 1 Quarter
Universal life and investment-type product policy fees InsuranceCommissionsAndFees $827.00M USD 1 Quarter
Universal life and investment-type product policy fees InsuranceCommissionsAndFees $1.71B USD 2 Qtrs
Universal life and investment-type product policy fees InsuranceCommissionsAndFees $919.00M USD 1 Quarter
Universal life and investment-type product policy fees InsuranceCommissionsAndFees $1.85B USD 2 Qtrs
Net investment income NetInvestmentIncome $2.40B USD 2 Qtrs
Net investment income NetInvestmentIncome $1.21B USD 1 Quarter
Net investment income NetInvestmentIncome $652.00M USD 1 Quarter
Net investment income NetInvestmentIncome $1.57B USD 2 Qtrs
Other revenues OtherIncome $101.00M USD 1 Quarter
Other revenues OtherIncome $195.00M USD 2 Qtrs
Other revenues OtherIncome $93.00M USD 1 Quarter
Other revenues OtherIncome $228.00M USD 2 Qtrs
Net investment gains (losses) GainLossOnInvestments $-20.00M USD 2 Qtrs
Net investment gains (losses) GainLossOnInvestments $-34.00M USD 1 Quarter
Net investment gains (losses) GainLossOnInvestments $-53.00M USD 2 Qtrs
Net investment gains (losses) GainLossOnInvestments $-34.00M USD 1 Quarter
Net derivative gains (losses) GainLossOnDerivativeInstrumentsNetPretax $-684.00M USD 1 Quarter
Net derivative gains (losses) GainLossOnDerivativeInstrumentsNetPretax $-2.65B USD 1 Quarter
Net derivative gains (losses) GainLossOnDerivativeInstrumentsNetPretax $4.25B USD 2 Qtrs
Net derivative gains (losses) GainLossOnDerivativeInstrumentsNetPretax $-2.19B USD 2 Qtrs
Total revenues Revenues $2.61B USD 2 Qtrs
Total revenues Revenues $-922.00M USD 1 Quarter
Total revenues Revenues $8.06B USD 2 Qtrs
Total revenues Revenues $1.68B USD 1 Quarter
Policyholder benefits and claims PolicyholderBenefitsAndClaimsIncurredNet $839.00M USD 1 Quarter
Policyholder benefits and claims PolicyholderBenefitsAndClaimsIncurredNet $2.03B USD 2 Qtrs
Policyholder benefits and claims PolicyholderBenefitsAndClaimsIncurredNet $752.00M USD 1 Quarter
Policyholder benefits and claims PolicyholderBenefitsAndClaimsIncurredNet $1.51B USD 2 Qtrs
Interest credited to policyholder account balances InterestCreditedToPolicyholdersAccountBalances $276.00M USD 1 Quarter
Interest credited to policyholder account balances InterestCreditedToPolicyholdersAccountBalances $584.00M USD 2 Qtrs
Interest credited to policyholder account balances InterestCreditedToPolicyholdersAccountBalances $535.00M USD 2 Qtrs
Interest credited to policyholder account balances InterestCreditedToPolicyholdersAccountBalances $287.00M USD 1 Quarter
Amortization of deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1 $99.00M USD 2 Qtrs
Amortization of deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1 $-92.00M USD 1 Quarter
Amortization of deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1 $678.00M USD 2 Qtrs
Amortization of deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1 $8.00M USD 1 Quarter
Other expenses OperatingExpenses $1.09B USD 2 Qtrs
Other expenses OperatingExpenses $577.00M USD 1 Quarter
Other expenses OperatingExpenses $608.00M USD 1 Quarter
Other expenses OperatingExpenses $1.17B USD 2 Qtrs
Total expenses BenefitsLossesAndExpenses $4.33B USD 2 Qtrs
Total expenses BenefitsLossesAndExpenses $3.36B USD 2 Qtrs
Total expenses BenefitsLossesAndExpenses $1.66B USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $1.60B USD 1 Quarter
Income (loss) before provision for income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-747.00M USD 2 Qtrs
Income (loss) before provision for income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.73B USD 2 Qtrs
Income (loss) before provision for income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.52B USD 1 Quarter
Income (loss) before provision for income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $21.00M USD 1 Quarter
Provision for income tax expense (benefit) IncomeTaxExpenseBenefit $-531.00M USD 1 Quarter
Provision for income tax expense (benefit) IncomeTaxExpenseBenefit $-10.00M USD 1 Quarter
Provision for income tax expense (benefit) IncomeTaxExpenseBenefit $762.00M USD 2 Qtrs
Provision for income tax expense (benefit) IncomeTaxExpenseBenefit $-195.00M USD 2 Qtrs
Net income (loss) ProfitLoss $-1.99B USD 1 Quarter
Net income (loss) ProfitLoss $-552.00M USD 2 Qtrs
Net income (loss) ProfitLoss $4.96B USD 1 Quarter
Net income (loss) ProfitLoss $31.00M USD 1 Quarter
Net income (loss) ProfitLoss $2.97B USD 2 Qtrs
Net income (loss) ProfitLoss $-583.00M USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 2 Qtrs
Net income (loss) attributable to Brighthouse Financial, Inc. NetIncomeLoss $31.00M USD 1 Quarter
Net income (loss) attributable to Brighthouse Financial, Inc. NetIncomeLoss $-1.99B USD 1 Quarter
Net income (loss) attributable to Brighthouse Financial, Inc. NetIncomeLoss $2.97B USD 2 Qtrs
Net income (loss) attributable to Brighthouse Financial, Inc. NetIncomeLoss $-554.00M USD 2 Qtrs
Less: Preferred stock dividends PreferredStockDividendsIncomeStatementImpact $14.00M USD 2 Qtrs
Less: Preferred stock dividends PreferredStockDividendsIncomeStatementImpact $21.00M USD 1 Quarter
Less: Preferred stock dividends PreferredStockDividendsIncomeStatementImpact $7.00M USD 1 Quarter
Less: Preferred stock dividends PreferredStockDividendsIncomeStatementImpact $46.00M USD 2 Qtrs
Net income (loss) available to Brighthouse Financial, Inc.s common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $10.00M USD 1 Quarter
Net income (loss) available to Brighthouse Financial, Inc.s common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-600.00M USD 2 Qtrs
Net income (loss) available to Brighthouse Financial, Inc.s common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $2.95B USD 2 Qtrs
Net income (loss) available to Brighthouse Financial, Inc.s common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-2.00B USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.69B USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.24B USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $327.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.67B USD 2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 2 Qtrs
Comprehensive income (loss) attributable to Brighthouse Financial, Inc. ComprehensiveIncomeNetOfTax $1.24B USD 1 Quarter
Comprehensive income (loss) attributable to Brighthouse Financial, Inc. ComprehensiveIncomeNetOfTax $-1.67B USD 2 Qtrs
Comprehensive income (loss) attributable to Brighthouse Financial, Inc. ComprehensiveIncomeNetOfTax $327.00M USD 1 Quarter
Comprehensive income (loss) attributable to Brighthouse Financial, Inc. ComprehensiveIncomeNetOfTax $4.69B USD 2 Qtrs
Basic EarningsPerShareBasic $29.60 USD 2 Qtrs
Basic EarningsPerShareBasic $-21.10 USD 1 Quarter
Basic EarningsPerShareBasic $-6.93 USD 2 Qtrs
Basic EarningsPerShareBasic $0.12 USD 1 Quarter
Diluted EarningsPerShareDiluted $-6.93 USD 2 Qtrs
Diluted EarningsPerShareDiluted $29.56 USD 2 Qtrs
Diluted EarningsPerShareDiluted $-21.10 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.11 USD 1 Quarter
Cash Flow Statement 66 line items
Line Item Tag Value Unit Period
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $467.00M USD 2 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $69.00M USD 2 Qtrs
Sales, maturities and repayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $3.73B USD 2 Qtrs
Sales, maturities and repayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $5.24B USD 2 Qtrs
Sales, maturities and repayments of equity securities ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $101.00M USD 2 Qtrs
Sales, maturities and repayments of equity securities ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $27.00M USD 2 Qtrs
Sales, maturities and repayments of mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $1.38B USD 2 Qtrs
Sales, maturities and repayments of mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $827.00M USD 2 Qtrs
Sales, maturities and repayments of limited partnerships and limited liability companies ProceedsFromLimitedPartnershipInvestments $117.00M USD 2 Qtrs
Sales, maturities and repayments of limited partnerships and limited liability companies ProceedsFromLimitedPartnershipInvestments $86.00M USD 2 Qtrs
Purchases of fixed maturity securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $9.83B USD 2 Qtrs
Purchases of fixed maturity securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $5.89B USD 2 Qtrs
Purchases of equity securities PaymentsToAcquireAvailableForSaleSecuritiesEquity $6.00M USD 2 Qtrs
Purchases of equity securities PaymentsToAcquireAvailableForSaleSecuritiesEquity - USD 2 Qtrs
Purchases of mortgage loans PaymentsToAcquireMortgageNotesReceivable $923.00M USD 2 Qtrs
Purchases of mortgage loans PaymentsToAcquireMortgageNotesReceivable $2.25B USD 2 Qtrs
Purchases of limited partnerships and limited liability companies PaymentsToAcquireLimitedPartnershipInterests $379.00M USD 2 Qtrs
Purchases of limited partnerships and limited liability companies PaymentsToAcquireLimitedPartnershipInterests $298.00M USD 2 Qtrs
Cash received in connection with freestanding derivatives Cashreceivedinconnectionwithfreestandingderivatives $4.96B USD 2 Qtrs
Cash received in connection with freestanding derivatives Cashreceivedinconnectionwithfreestandingderivatives $2.14B USD 2 Qtrs
Cash paid in connection with freestanding derivatives CashPaidInConnectionWithFreestandingDerivatives $2.14B USD 2 Qtrs
Cash paid in connection with freestanding derivatives CashPaidInConnectionWithFreestandingDerivatives $2.89B USD 2 Qtrs
Net change in policy loans PaymentsForProceedsFromPolicyLoans $-91.00M USD 2 Qtrs
Net change in policy loans PaymentsForProceedsFromPolicyLoans $-36.00M USD 2 Qtrs
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $2.56B USD 2 Qtrs
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $-1.95B USD 2 Qtrs
Net change in other invested assets NetChangeInOtherInvestedAssets $25.00M USD 2 Qtrs
Net change in other invested assets NetChangeInOtherInvestedAssets $19.00M USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-2.12B USD 2 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-4.41B USD 2 Qtrs
Policyholder account balances: Deposits ProceedsFromAnnuitiesAndInvestmentCertificates $6.89B USD 2 Qtrs
Policyholder account balances: Deposits ProceedsFromAnnuitiesAndInvestmentCertificates $4.83B USD 2 Qtrs
Policyholder account balances: Withdrawals RepaymentsOfAnnuitiesAndInvestmentCertificates $1.29B USD 2 Qtrs
Policyholder account balances: Withdrawals RepaymentsOfAnnuitiesAndInvestmentCertificates $1.15B USD 2 Qtrs
Net change in payables for collateral under securities loaned and other transactions NetChangeInPayablesForCollateralUnderSecuritiesLoanedAndOtherTransactions $3.48B USD 2 Qtrs
Net change in payables for collateral under securities loaned and other transactions NetChangeInPayablesForCollateralUnderSecuritiesLoanedAndOtherTransactions $-109.00M USD 2 Qtrs
Long-term debt issued ProceedsFromIssuanceOfLongTermDebt $614.00M USD 2 Qtrs
Long-term debt issued ProceedsFromIssuanceOfLongTermDebt - USD 2 Qtrs
Long-term debt repaid RepaymentsOfLongTermDebt $1.00M USD 2 Qtrs
Long-term debt repaid RepaymentsOfLongTermDebt $1.00B USD 2 Qtrs
Preferred stock issued, net of issuance costs ProceedsFromIssuanceOfPreferredStockAndPreferenceStock - USD 2 Qtrs
Preferred stock issued, net of issuance costs ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $390.00M USD 2 Qtrs
Dividends on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $14.00M USD 2 Qtrs
Dividends on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $46.00M USD 2 Qtrs
Treasury stock acquired in connection with share repurchases PaymentsForRepurchaseOfCommonStock $192.00M USD 2 Qtrs
Treasury stock acquired in connection with share repurchases PaymentsForRepurchaseOfCommonStock $322.00M USD 2 Qtrs
Financing element on certain derivative instruments and other derivative related transactions, net PaymentsForProceedsFromDerivativeInstrumentFinancingActivities $698.00M USD 2 Qtrs
Financing element on certain derivative instruments and other derivative related transactions, net PaymentsForProceedsFromDerivativeInstrumentFinancingActivities $118.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-8.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-30.00M USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $6.11B USD 2 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $5.12B USD 2 Qtrs
Change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $4.45B USD 2 Qtrs
Change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $774.00M USD 2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.11B USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.88B USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.88B USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.33B USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.11B USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.88B USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.88B USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.33B USD Point-in-time
Net cash paid (received) for interest InterestPaidNet $88.00M USD 2 Qtrs
Net cash paid (received) for interest InterestPaidNet $81.00M USD 2 Qtrs
Net cash paid (received) for income tax IncomeTaxesPaidNet $3.00M USD 2 Qtrs
Net cash paid (received) for income tax IncomeTaxesPaidNet $-4.00M USD 2 Qtrs
Stockholders Equity 39 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.09B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.97B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.24B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.44B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.08B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.18B USD Point-in-time
Stock Issued During Period, Value, New Issues StockIssuedDuringPeriodValueNewIssues $390.00M USD 1 Quarter
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $180.00M USD 1 Quarter
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $124.00M USD 1 Quarter
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $142.00M USD 1 Quarter
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $68.00M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $-1.00M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $5.00M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $5.00M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $1.00M USD 1 Quarter
Dividends on preferred stock DividendsPreferredStockCash $25.00M USD 1 Quarter
Dividends on preferred stock DividendsPreferredStockCash $7.00M USD 1 Quarter
Dividends on preferred stock DividendsPreferredStockCash $7.00M USD 1 Quarter
Dividends on preferred stock DividendsPreferredStockCash $21.00M USD 1 Quarter
Change in noncontrolling interests MinorityInterestPeriodIncreaseDecrease - USD 1 Quarter
Change in noncontrolling interests MinorityInterestPeriodIncreaseDecrease - USD 1 Quarter
Change in noncontrolling interests MinorityInterestPeriodIncreaseDecrease $-2.00M USD 1 Quarter
Change in noncontrolling interests MinorityInterestPeriodIncreaseDecrease $-2.00M USD 1 Quarter
Net income (loss) ProfitLoss $-1.99B USD 1 Quarter
Net income (loss) ProfitLoss $-552.00M USD 2 Qtrs
Net income (loss) ProfitLoss $4.96B USD 1 Quarter
Net income (loss) ProfitLoss $31.00M USD 1 Quarter
Net income (loss) ProfitLoss $2.97B USD 2 Qtrs
Net income (loss) ProfitLoss $-583.00M USD 1 Quarter
Other comprehensive income (loss), net of income tax OtherComprehensiveIncomeLossNetOfTax $1.21B USD 1 Quarter
Other comprehensive income (loss), net of income tax OtherComprehensiveIncomeLossNetOfTax $-2.33B USD 1 Quarter
Other comprehensive income (loss), net of income tax OtherComprehensiveIncomeLossNetOfTax $2.32B USD 1 Quarter
Other comprehensive income (loss), net of income tax OtherComprehensiveIncomeLossNetOfTax $-596.00M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.09B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.97B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.24B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.44B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.08B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.18B USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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