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10-Q Filing

BRIGHTHOUSE FINANCIAL, INC. CIK: 1685040 Q3 2021
Filing Information
Form Type 10-Q
Accession Number 0001685040-21-000041
Period End Date 20210930
Filing Date 20211105
Fiscal Year 2021
Fiscal Period Q3
XBRL Instance bhf-20210930_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 $78.42B USD Point-in-time
Amortized cost of fixed maturity securities available-for-sale AvailableForSaleDebtSecuritiesAmortizedCostBasis $70.53B 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: $78,425 and $70,529, respectively; allowance for credit losses of $7 and $2, respectively) AvailableForSaleSecuritiesDebtSecurities $82.50B 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 $2.00M USD Point-in-time
Fixed maturity securities, allowance for credit losses DebtSecuritiesAvailableForSaleAllowanceForCreditLoss $7.00M USD Point-in-time
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $78,425 and $70,529, respectively; allowance for credit losses of $7 and $2, respectively) AvailableForSaleSecuritiesDebtSecurities $87.07B USD Point-in-time
Equity securities, at estimated fair value EquitySecuritiesFvNiCurrentAndNoncurrent $138.00M USD Point-in-time
Mortgage loans valuation allowances AllowanceForLoanAndLeaseLossesRealEstate $100.00M USD Point-in-time
Mortgage loans valuation allowances AllowanceForLoanAndLeaseLossesRealEstate $94.00M USD Point-in-time
Equity securities, at estimated fair value EquitySecuritiesFvNiCurrentAndNoncurrent $90.00M 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 $100 and $94, respectively) MortgageLoansOnRealEstateCommercialAndConsumerNet $18.27B USD Point-in-time
Mortgage loans (net of allowance for credit losses of $100 and $94, respectively) MortgageLoansOnRealEstateCommercialAndConsumerNet $15.81B USD Point-in-time
Leveraged leases, allowance for credit losses LeveragedLeasesAllowanceForCreditLosses $13.00M USD Point-in-time
Premiums, reinsurance and other, allowance for credit losses ReinsuranceRecoverablesAllowance $10.00M USD Point-in-time
Premiums, reinsurance and other, allowance for credit losses ReinsuranceRecoverablesAllowance $10.00M USD Point-in-time
Policy loans LoansInsurancePolicy $1.29B USD Point-in-time
Policy loans LoansInsurancePolicy $1.26B USD Point-in-time
Limited partnerships and limited liability companies RealEstateInvestments $2.81B USD Point-in-time
Limited partnerships and limited liability companies RealEstateInvestments $3.96B 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
Short-term investments, principally at estimated fair value ShortTermInvestments $1.89B USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 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
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 $2.77B USD Point-in-time
Preferred stock, aggregate liquidation preference PreferredStockLiquidationPreferenceValue $1.40B USD Point-in-time
Total investments Investments $115.32B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total investments Investments $109.53B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.11B 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
Accrued investment income AccruedInvestmentIncomeReceivable $676.00M USD Point-in-time
Accrued investment income AccruedInvestmentIncomeReceivable $764.00M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 121.50M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 121.00M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 88.21M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 80.95M shares Point-in-time
Premiums, reinsurance and other receivables (net of allowance for credit losses of $10 and $10, respectively) PremiumsAndOtherReceivablesNet $16.30B USD 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
Treasury stock, shares TreasuryStockShares 32.79M shares Point-in-time
Deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired $4.91B USD Point-in-time
Deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired $5.36B USD Point-in-time
Treasury stock, shares TreasuryStockShares 40.54M shares Point-in-time
Other assets OtherAssets $484.00M USD Point-in-time
Other assets OtherAssets $516.00M USD Point-in-time
Separate account assets SeparateAccountAssets $112.36B 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 $254.69B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefitAfterReinsurance $44.45B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefitAfterReinsurance $43.80B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $54.51B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $63.75B USD Point-in-time
Other policy-related balances OtherPolicyholderFunds $3.41B USD Point-in-time
Other policy-related balances OtherPolicyholderFunds $3.41B 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 $5.64B 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 $148.00M USD Point-in-time
Deferred income tax liability DeferredIncomeTaxLiabilitiesNet $1.62B USD Point-in-time
Deferred income tax liability DeferredIncomeTaxLiabilitiesNet $1.12B USD Point-in-time
Other liabilities OtherLiabilities $4.94B USD Point-in-time
Other liabilities OtherLiabilities $5.01B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $112.36B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $111.97B USD Point-in-time
Total liabilities Liabilities $238.59B USD Point-in-time
Total liabilities Liabilities $229.78B 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; 121,495,849 and 121,002,523 shares issued, respectively; 80,952,682 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; 121,495,849 and 121,002,523 shares issued, respectively; 80,952,682 and 88,211,618 shares outstanding, respectively CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $13.83B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $13.88B USD Point-in-time
Retained earnings (deficit) RetainedEarningsAccumulatedDeficit $-705.00M USD Point-in-time
Retained earnings (deficit) RetainedEarningsAccumulatedDeficit $-534.00M USD Point-in-time
Treasury stock, at cost; 40,543,167 and 32,790,905 shares, respectively TreasuryStockValue $1.39B USD Point-in-time
Treasury stock, at cost; 40,543,167 and 32,790,905 shares, respectively TreasuryStockValue $1.04B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.24B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.96B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.60B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.29B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $5.38B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $5.72B USD Point-in-time
Total Brighthouse Financial, Inc.s stockholders equity StockholdersEquity $16.03B 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 $16.24B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.10B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.97B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.18B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.09B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.33B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $254.69B 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 $539.00M USD 3 Qtrs
Premiums PremiumsEarnedNet $184.00M USD 1 Quarter
Premiums PremiumsEarnedNet $193.00M USD 1 Quarter
Premiums PremiumsEarnedNet $575.00M USD 3 Qtrs
Universal life and investment-type product policy fees InsuranceCommissionsAndFees $2.73B USD 3 Qtrs
Universal life and investment-type product policy fees InsuranceCommissionsAndFees $2.60B USD 3 Qtrs
Universal life and investment-type product policy fees InsuranceCommissionsAndFees $882.00M USD 1 Quarter
Universal life and investment-type product policy fees InsuranceCommissionsAndFees $881.00M USD 1 Quarter
Net investment income NetInvestmentIncome $996.00M USD 1 Quarter
Net investment income NetInvestmentIncome $2.56B USD 3 Qtrs
Net investment income NetInvestmentIncome $3.68B USD 3 Qtrs
Net investment income NetInvestmentIncome $1.28B USD 1 Quarter
Other revenues OtherIncome $99.00M USD 1 Quarter
Other revenues OtherIncome $117.00M USD 1 Quarter
Other revenues OtherIncome $294.00M USD 3 Qtrs
Other revenues OtherIncome $345.00M USD 3 Qtrs
Net investment gains (losses) RealizedInvestmentGainsLosses $-16.00M USD 1 Quarter
Net investment gains (losses) RealizedInvestmentGainsLosses $-36.00M USD 3 Qtrs
Net investment gains (losses) RealizedInvestmentGainsLosses $-48.00M USD 3 Qtrs
Net investment gains (losses) RealizedInvestmentGainsLosses $5.00M USD 1 Quarter
Net derivative gains (losses) GainLossOnDerivativeInstrumentsNetPretax $2.39B USD 3 Qtrs
Net derivative gains (losses) GainLossOnDerivativeInstrumentsNetPretax $-2.13B USD 3 Qtrs
Net derivative gains (losses) GainLossOnDerivativeInstrumentsNetPretax $-1.86B USD 1 Quarter
Net derivative gains (losses) GainLossOnDerivativeInstrumentsNetPretax $56.00M USD 1 Quarter
Total revenues Revenues $8.37B USD 3 Qtrs
Total revenues Revenues $309.00M USD 1 Quarter
Total revenues Revenues $2.51B USD 1 Quarter
Total revenues Revenues $5.13B USD 3 Qtrs
Policyholder benefits and claims PolicyholderBenefitsAndClaimsIncurredNet $1.11B USD 1 Quarter
Policyholder benefits and claims PolicyholderBenefitsAndClaimsIncurredNet $5.07B USD 3 Qtrs
Policyholder benefits and claims PolicyholderBenefitsAndClaimsIncurredNet $2.62B USD 3 Qtrs
Policyholder benefits and claims PolicyholderBenefitsAndClaimsIncurredNet $3.05B USD 1 Quarter
Interest credited to policyholder account balances InterestCreditedToPolicyholdersAccountBalances $997.00M USD 3 Qtrs
Interest credited to policyholder account balances InterestCreditedToPolicyholdersAccountBalances $281.00M USD 1 Quarter
Interest credited to policyholder account balances InterestCreditedToPolicyholdersAccountBalances $413.00M USD 1 Quarter
Interest credited to policyholder account balances InterestCreditedToPolicyholdersAccountBalances $816.00M USD 3 Qtrs
Amortization of deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1 $17.00M USD 3 Qtrs
Amortization of deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1 $-82.00M USD 1 Quarter
Amortization of deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1 $244.00M USD 1 Quarter
Amortization of deferred policy acquisition costs and value of business acquired DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1 $922.00M USD 3 Qtrs
Other expenses OperatingExpenses $579.00M USD 1 Quarter
Other expenses OperatingExpenses $1.67B USD 3 Qtrs
Other expenses OperatingExpenses $580.00M USD 1 Quarter
Other expenses OperatingExpenses $1.75B USD 3 Qtrs
Total expenses BenefitsLossesAndExpenses $2.02B USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $4.15B USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $8.48B USD 3 Qtrs
Total expenses BenefitsLossesAndExpenses $5.38B USD 3 Qtrs
Income (loss) before provision for income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $490.00M USD 1 Quarter
Income (loss) before provision for income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-113.00M USD 3 Qtrs
Income (loss) before provision for income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-257.00M USD 3 Qtrs
Income (loss) before provision for income tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-3.84B USD 1 Quarter
Provision for income tax expense (benefit) IncomeTaxExpenseBenefit $-90.00M USD 3 Qtrs
Provision for income tax expense (benefit) IncomeTaxExpenseBenefit $105.00M USD 1 Quarter
Provision for income tax expense (benefit) IncomeTaxExpenseBenefit $-88.00M USD 3 Qtrs
Provision for income tax expense (benefit) IncomeTaxExpenseBenefit $-850.00M USD 1 Quarter
Net income (loss) ProfitLoss $385.00M USD 1 Quarter
Net income (loss) ProfitLoss $-552.00M USD 2 Qtrs
Net income (loss) ProfitLoss $-167.00M USD 3 Qtrs
Net income (loss) ProfitLoss $2.97B USD 2 Qtrs
Net income (loss) ProfitLoss $-25.00M USD 3 Qtrs
Net income (loss) ProfitLoss $-2.99B USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 3 Qtrs
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 3 Qtrs
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Net income (loss) attributable to Brighthouse Financial, Inc. NetIncomeLoss $383.00M USD 1 Quarter
Net income (loss) attributable to Brighthouse Financial, Inc. NetIncomeLoss $-3.00B USD 1 Quarter
Net income (loss) attributable to Brighthouse Financial, Inc. NetIncomeLoss $-29.00M USD 3 Qtrs
Net income (loss) attributable to Brighthouse Financial, Inc. NetIncomeLoss $-171.00M USD 3 Qtrs
Less: Preferred stock dividends PreferredStockDividendsIncomeStatementImpact $22.00M USD 1 Quarter
Less: Preferred stock dividends PreferredStockDividendsIncomeStatementImpact $68.00M USD 3 Qtrs
Less: Preferred stock dividends PreferredStockDividendsIncomeStatementImpact $17.00M USD 1 Quarter
Less: Preferred stock dividends PreferredStockDividendsIncomeStatementImpact $31.00M USD 3 Qtrs
Net income (loss) available to Brighthouse Financial, Inc.s common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-60.00M USD 3 Qtrs
Net income (loss) available to Brighthouse Financial, Inc.s common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-3.01B USD 1 Quarter
Net income (loss) available to Brighthouse Financial, Inc.s common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $361.00M USD 1 Quarter
Net income (loss) available to Brighthouse Financial, Inc.s common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-239.00M USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.58B USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $79.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.12B USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.59B USD 3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M USD 3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M USD 3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Comprehensive income (loss) attributable to Brighthouse Financial, Inc. ComprehensiveIncomeNetOfTax $-1.60B USD 3 Qtrs
Comprehensive income (loss) attributable to Brighthouse Financial, Inc. ComprehensiveIncomeNetOfTax $77.00M USD 1 Quarter
Comprehensive income (loss) attributable to Brighthouse Financial, Inc. ComprehensiveIncomeNetOfTax $2.11B USD 3 Qtrs
Comprehensive income (loss) attributable to Brighthouse Financial, Inc. ComprehensiveIncomeNetOfTax $-2.58B USD 1 Quarter
Basic EarningsPerShareBasic $4.37 USD 1 Quarter
Basic EarningsPerShareBasic $-32.49 USD 1 Quarter
Basic EarningsPerShareBasic $-2.80 USD 3 Qtrs
Basic EarningsPerShareBasic $-0.61 USD 3 Qtrs
Diluted EarningsPerShareDiluted $-0.61 USD 3 Qtrs
Diluted EarningsPerShareDiluted $4.34 USD 1 Quarter
Diluted EarningsPerShareDiluted $-2.80 USD 3 Qtrs
Diluted EarningsPerShareDiluted $-32.49 USD 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $515.00M USD 3 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $644.00M USD 3 Qtrs
Sales, maturities and repayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $6.01B USD 3 Qtrs
Sales, maturities and repayments of fixed maturity securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $8.54B USD 3 Qtrs
Sales, maturities and repayments of equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $54.00M USD 3 Qtrs
Sales, maturities and repayments of equity securities ProceedsFromSaleOfEquitySecuritiesFvNi $114.00M USD 3 Qtrs
Sales, maturities and repayments of mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $1.23B USD 3 Qtrs
Sales, maturities and repayments of mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $2.00B USD 3 Qtrs
Sales, maturities and repayments of limited partnerships and limited liability companies ProceedsFromLimitedPartnershipInvestments $124.00M USD 3 Qtrs
Sales, maturities and repayments of limited partnerships and limited liability companies ProceedsFromLimitedPartnershipInvestments $168.00M USD 3 Qtrs
Purchases of fixed maturity securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $16.17B USD 3 Qtrs
Purchases of fixed maturity securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $9.64B USD 3 Qtrs
Purchases of equity securities PaymentsToAcquireEquitySecuritiesFvNi $7.00M USD 3 Qtrs
Purchases of equity securities PaymentsToAcquireEquitySecuritiesFvNi $4.00M USD 3 Qtrs
Purchases of mortgage loans PaymentsToAcquireMortgageNotesReceivable $1.24B USD 3 Qtrs
Purchases of mortgage loans PaymentsToAcquireMortgageNotesReceivable $4.42B USD 3 Qtrs
Purchases of limited partnerships and limited liability companies PaymentsToAcquireLimitedPartnershipInterests $560.00M USD 3 Qtrs
Purchases of limited partnerships and limited liability companies PaymentsToAcquireLimitedPartnershipInterests $423.00M USD 3 Qtrs
Cash received in connection with freestanding derivatives Cashreceivedinconnectionwithfreestandingderivatives $5.28B USD 3 Qtrs
Cash received in connection with freestanding derivatives Cashreceivedinconnectionwithfreestandingderivatives $3.21B USD 3 Qtrs
Cash paid in connection with freestanding derivatives CashPaidInConnectionWithFreestandingDerivatives $3.28B USD 3 Qtrs
Cash paid in connection with freestanding derivatives CashPaidInConnectionWithFreestandingDerivatives $3.91B USD 3 Qtrs
Net change in policy loans PaymentsForProceedsFromPolicyLoans $-3.00M USD 3 Qtrs
Net change in policy loans PaymentsForProceedsFromPolicyLoans $-28.00M USD 3 Qtrs
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $2.27B USD 3 Qtrs
Net change in short-term investments PaymentsForProceedsFromShortTermInvestments $-1.35B USD 3 Qtrs
Net change in other invested assets NetChangeInOtherInvestedAssets $19.00M USD 3 Qtrs
Net change in other invested assets NetChangeInOtherInvestedAssets $13.00M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $14.00M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities - USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-9.66B USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-4.18B USD 3 Qtrs
Policyholder account balances: Deposits ProceedsFromAnnuitiesAndInvestmentCertificates $7.14B USD 3 Qtrs
Policyholder account balances: Deposits ProceedsFromAnnuitiesAndInvestmentCertificates $11.18B USD 3 Qtrs
Policyholder account balances: Withdrawals RepaymentsOfAnnuitiesAndInvestmentCertificates $1.95B USD 3 Qtrs
Policyholder account balances: Withdrawals RepaymentsOfAnnuitiesAndInvestmentCertificates $1.55B USD 3 Qtrs
Net change in payables for collateral under securities loaned and other transactions NetChangeInPayablesForCollateralUnderSecuritiesLoanedAndOtherTransactions $387.00M USD 3 Qtrs
Net change in payables for collateral under securities loaned and other transactions NetChangeInPayablesForCollateralUnderSecuritiesLoanedAndOtherTransactions $2.60B USD 3 Qtrs
Long-term debt issued ProceedsFromIssuanceOfLongTermDebt $614.00M USD 3 Qtrs
Long-term debt issued ProceedsFromIssuanceOfLongTermDebt - USD 3 Qtrs
Long-term debt repaid RepaymentsOfLongTermDebt $1.00B USD 3 Qtrs
Long-term debt repaid RepaymentsOfLongTermDebt $1.00M USD 3 Qtrs
Preferred stock issued, net of issuance costs ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $390.00M USD 3 Qtrs
Preferred stock issued, net of issuance costs ProceedsFromIssuanceOfPreferredStockAndPreferenceStock - USD 3 Qtrs
Dividends on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $31.00M USD 3 Qtrs
Dividends on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $68.00M USD 3 Qtrs
Treasury stock acquired in connection with share repurchases PaymentsForRepurchaseOfCommonStock $376.00M USD 3 Qtrs
Treasury stock acquired in connection with share repurchases PaymentsForRepurchaseOfCommonStock $341.00M USD 3 Qtrs
Financing element on certain derivative instruments and other derivative related transactions, net PaymentsForProceedsFromDerivativeInstrumentFinancingActivities $183.00M USD 3 Qtrs
Financing element on certain derivative instruments and other derivative related transactions, net PaymentsForProceedsFromDerivativeInstrumentFinancingActivities $764.00M USD 3 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-40.00M USD 3 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-10.00M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $9.02B USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $6.98B USD 3 Qtrs
Change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $3.31B USD 3 Qtrs
Change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect - USD 3 Qtrs
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 $4.11B USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.19B USD Point-in-time
Cash, cash equivalents and restricted cash, beginning 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 $4.11B USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.19B USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.11B USD Point-in-time
Net cash paid (received) for interest InterestPaidNet $95.00M USD 3 Qtrs
Net cash paid (received) for interest InterestPaidNet $88.00M USD 3 Qtrs
Net cash paid (received) for income tax IncomeTaxesPaidNet $-57.00M USD 3 Qtrs
Net cash paid (received) for income tax IncomeTaxesPaidNet $10.00M USD 3 Qtrs
Stockholders Equity 39 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.24B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.10B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.97B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.18B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.09B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.33B USD Point-in-time
Preferred stock issuance StockIssuedDuringPeriodValueNewIssues $390.00M USD 2 Qtrs
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $149.00M USD 1 Quarter
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $322.00M USD 2 Qtrs
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $192.00M USD 2 Qtrs
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $54.00M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $4.00M USD 2 Qtrs
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $7.00M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $10.00M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $6.00M USD 2 Qtrs
Dividends on preferred stock DividendsPreferredStockCash $46.00M USD 2 Qtrs
Dividends on preferred stock DividendsPreferredStockCash $17.00M USD 1 Quarter
Dividends on preferred stock DividendsPreferredStockCash $14.00M USD 2 Qtrs
Dividends on preferred stock DividendsPreferredStockCash $22.00M USD 1 Quarter
Change in noncontrolling interests MinorityInterestPeriodIncreaseDecrease $-2.00M USD 1 Quarter
Change in noncontrolling interests MinorityInterestPeriodIncreaseDecrease $-2.00M USD 2 Qtrs
Change in noncontrolling interests MinorityInterestPeriodIncreaseDecrease $-2.00M USD 2 Qtrs
Change in noncontrolling interests MinorityInterestPeriodIncreaseDecrease $-2.00M USD 1 Quarter
Net income (loss) ProfitLoss $385.00M USD 1 Quarter
Net income (loss) ProfitLoss $-552.00M USD 2 Qtrs
Net income (loss) ProfitLoss $-167.00M USD 3 Qtrs
Net income (loss) ProfitLoss $2.97B USD 2 Qtrs
Net income (loss) ProfitLoss $-25.00M USD 3 Qtrs
Net income (loss) ProfitLoss $-2.99B USD 1 Quarter
Other comprehensive income (loss), net of income tax OtherComprehensiveIncomeLossNetOfTax $416.00M USD 1 Quarter
Other comprehensive income (loss), net of income tax OtherComprehensiveIncomeLossNetOfTax $-1.12B USD 2 Qtrs
Other comprehensive income (loss), net of income tax OtherComprehensiveIncomeLossNetOfTax $-306.00M USD 1 Quarter
Other comprehensive income (loss), net of income tax OtherComprehensiveIncomeLossNetOfTax $1.72B USD 2 Qtrs
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.24B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.10B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.97B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.18B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.09B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $18.33B USD Point-in-time

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

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