10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001934850-23-000040 |
| Period End Date | 20230331 |
| Filing Date | 20230509 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | fg-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
89 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Fixed maturity securities, available-for-sale securities, amortized cost |
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
$35.72B | USD | Point-in-time |
| Fixed maturity securities, available-for-sale securities, amortized cost |
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
$38.23B | USD | Point-in-time |
| Fixed maturity securities, available-for-sale securities, allowance for credit losses |
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
|
$8.00M | USD | Point-in-time |
| Fixed maturity securities, available-for-sale securities, allowance for credit losses |
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
|
$16.00M | USD | Point-in-time |
| Fixed maturity securities, available-for-sale securities, allowance for credit losses |
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
|
$31.00M | USD | Point-in-time |
| Fixed maturity securities, available-for-sale securities, allowance for credit losses |
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
|
$7.00M | USD | Point-in-time |
| Allowance for credit losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$32.00M | USD | Point-in-time |
| Allowance for credit losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$31.00M | USD | Point-in-time |
| Allowance for credit losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$42.00M | USD | Point-in-time |
| Allowance for credit losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$60.00M | USD | Point-in-time |
| Allowance for doubtful accounts, reinsurance recoverables |
ReinsuranceRecoverablesAllowance
|
$20.00M | USD | Point-in-time |
| Allowance for doubtful accounts, reinsurance recoverables |
ReinsuranceRecoverablesAllowance
|
$20.00M | USD | Point-in-time |
| Allowance for doubtful accounts, reinsurance recoverables |
ReinsuranceRecoverablesAllowance
|
$10.00M | USD | Point-in-time |
| Allowance for doubtful accounts, reinsurance recoverables |
ReinsuranceRecoverablesAllowance
|
$9.00M | USD | Point-in-time |
| Common stock, par or stated value per share (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par or stated value per share (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
126.38M | shares | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
126.41M | shares | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
126.39M | shares | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
126.41M | shares | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockCommonShares
|
0.00 | shares | Point-in-time |
| Fixed maturity securities available for sale, at fair value, at March 31, 2023 and December 31, 2022, at an amortized cost of $38,226 and $35,723, respectively, net of allowance for credit losses of $16 and $31, respectively |
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
$31.22B | USD | Point-in-time |
| Fixed maturity securities available for sale, at fair value, at March 31, 2023 and December 31, 2022, at an amortized cost of $38,226 and $35,723, respectively, net of allowance for credit losses of $16 and $31, respectively |
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
$34.20B | USD | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockCommonShares
|
7,762.00 | shares | Point-in-time |
| Derivative investments |
DerivativeAssets
|
$244.00M | USD | Point-in-time |
| Derivative investments |
DerivativeAssets
|
$432.00M | USD | Point-in-time |
| Total residential mortgage loans, net of valuation allowance |
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$4.55B | USD | Point-in-time |
| Total residential mortgage loans, net of valuation allowance |
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$4.98B | USD | Point-in-time |
| Investments in unconsolidated affiliates |
EquityMethodInvestments
|
$2.46B | USD | Point-in-time |
| Investments in unconsolidated affiliates |
EquityMethodInvestments
|
$2.67B | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$537.00M | USD | Point-in-time |
| Other long-term investments |
OtherLongTermInvestments
|
$565.00M | USD | Point-in-time |
| Short-term investments |
OtherShortTermInvestments
|
$776.00M | USD | Point-in-time |
| Short-term investments |
OtherShortTermInvestments
|
$1.56B | USD | Point-in-time |
| Total investments |
Investments
|
$44.42B | USD | Point-in-time |
| Total investments |
Investments
|
$41.39B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.58B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$960.00M | USD | Point-in-time |
| Reinsurance recoverable, net of allowance for credit losses of $9 and $10 at March 31, 2023 and December 31, 2022, respectively |
ReinsuranceRecoverables
|
$5.42B | USD | Point-in-time |
| Reinsurance recoverable, net of allowance for credit losses of $9 and $10 at March 31, 2023 and December 31, 2022, respectively |
ReinsuranceRecoverables
|
$6.36B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.75B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.75B | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$948.00M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$941.00M | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.68B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.43B | USD | Point-in-time |
| Market risk benefits asset |
MarketRiskBenefitAssetAmount
|
$41.00M | USD | Point-in-time |
| Market risk benefits asset |
MarketRiskBenefitAssetAmount
|
$117.00M | USD | Point-in-time |
| Market risk benefits asset |
MarketRiskBenefitAssetAmount
|
$106.00M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxReceivable
|
$25.00M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxReceivable
|
$28.00M | USD | Point-in-time |
| Deferred tax asset |
DeferredIncomeTaxAssetsNet
|
$600.00M | USD | Point-in-time |
| Deferred tax asset |
DeferredIncomeTaxAssetsNet
|
$544.00M | USD | Point-in-time |
| Total assets |
Assets
|
$54.63B | USD | Point-in-time |
| Total assets |
Assets
|
$59.41B | USD | Point-in-time |
| Contractholder funds |
PolicyholderFunds
|
$43.38B | USD | Point-in-time |
| Contractholder funds |
PolicyholderFunds
|
$40.84B | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$5.37B | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$4.92B | USD | Point-in-time |
| Future policy benefits |
LiabilityForFuturePolicyBenefits
|
$5.02B | USD | Point-in-time |
| Market risk benefits liability |
MarketRiskBenefitLiabilityAmount
|
$469.00M | USD | Point-in-time |
| Market risk benefits liability |
MarketRiskBenefitLiabilityAmount
|
$282.00M | USD | Point-in-time |
| Market risk benefits liability |
MarketRiskBenefitLiabilityAmount
|
$324.00M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$1.45B | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$1.26B | USD | Point-in-time |
| Notes payable |
LongTermDebt
|
$1.57B | USD | Point-in-time |
| Notes payable |
LongTermDebt
|
$1.11B | USD | Point-in-time |
| Funds withheld for reinsurance liabilities |
FundsHeldUnderReinsuranceAgreementsLiability
|
$3.70B | USD | Point-in-time |
| Funds withheld for reinsurance liabilities |
FundsHeldUnderReinsuranceAgreementsLiability
|
$4.83B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$56.93B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$52.22B | USD | Point-in-time |
| F&G common stock, $0.001 par value; authorized 500,000,000 shares as of March 31, 2023 and December 31, 2022; outstanding of 126,379,456 and 126,409,904 as of March 31, 2023 and December 31, 2022, respectively, and issued of 126,387,218 and 126,409,904 as of March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
- | USD | Point-in-time |
| F&G common stock, $0.001 par value; authorized 500,000,000 shares as of March 31, 2023 and December 31, 2022; outstanding of 126,379,456 and 126,409,904 as of March 31, 2023 and December 31, 2022, respectively, and issued of 126,387,218 and 126,409,904 as of March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.16B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.17B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.06B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.87B | USD | Point-in-time |
| Accumulated other comprehensive (loss) earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.82B | USD | Point-in-time |
| Accumulated other comprehensive (loss) earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.55B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
- | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
- | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$2.48B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$3.77B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$5.03B | USD | Point-in-time |
| Total equity |
StockholdersEquity
|
$2.40B | USD | Point-in-time |
| Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$59.41B | USD | Point-in-time |
| Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$54.63B | USD | Point-in-time |
Income Statement
39 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Remeasurement, (gains) losses |
PolicyholderBenefitsAndClaimsIncurredNetRemeasurementGainLoss
|
$-4.00M | USD | 1 Quarter |
| Remeasurement, (gains) losses |
PolicyholderBenefitsAndClaimsIncurredNetRemeasurementGainLoss
|
$-1.00M | USD | 1 Quarter |
| Life insurance premiums and other fees |
DirectPremiumsWritten
|
$365.00M | USD | 1 Quarter |
| Stock split, conversion ratio |
StockIssuedDuringPeriodSharesStockSplits
|
105,000.00 | shares | Point-in-time |
| Life insurance premiums and other fees |
DirectPremiumsWritten
|
$596.00M | USD | 1 Quarter |
| Interest and investment income |
NetInvestmentIncome
|
$451.00M | USD | 1 Quarter |
| Interest and investment income |
NetInvestmentIncome
|
$519.00M | USD | 1 Quarter |
| Recognized gains and (losses), net |
GainLossOnInvestments
|
$-297.00M | USD | 1 Quarter |
| Recognized gains and (losses), net |
GainLossOnInvestments
|
$-15.00M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$750.00M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$869.00M | USD | 1 Quarter |
| Benefits and other changes in policy reserves (Remeasurement gains (losses) |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$203.00M | USD | 1 Quarter |
| Benefits and other changes in policy reserves (Remeasurement gains (losses) |
PolicyholderBenefitsAndClaimsIncurredLifeAndAnnuity
|
$812.00M | USD | 1 Quarter |
| Change in market risk benefits, net |
MarketRiskBenefitChangeInFairValueGainLoss
|
$-70.00M | USD | 1 Quarter |
| Change in market risk benefits, net |
MarketRiskBenefitChangeInFairValueGainLoss
|
$-59.00M | USD | 1 Quarter |
| Personnel costs |
LaborAndRelatedExpense
|
$30.00M | USD | 1 Quarter |
| Personnel costs |
LaborAndRelatedExpense
|
$53.00M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$36.00M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$18.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$76.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$90.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$22.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$8.00M | USD | 1 Quarter |
| Total expenses |
BenefitsLossesAndExpenses
|
$1.07B | USD | 1 Quarter |
| Total expenses |
BenefitsLossesAndExpenses
|
$405.00M | USD | 1 Quarter |
| Earnings (Loss) before income taxes |
IncomeLossFromContinuingOperations
|
$345.00M | USD | 1 Quarter |
| Earnings (Loss) before income taxes |
IncomeLossFromContinuingOperations
|
$-203.00M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$-8.00M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$106.00M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$-195.00M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$239.00M | USD | 1 Quarter |
| Net earnings (loss) per share, basic (in usd per share) |
EarningsPerShareBasic
|
$-1.56 | USD | 1 Quarter |
| Net earnings (loss) per share, basic (in usd per share) |
EarningsPerShareBasic
|
$2.28 | USD | 1 Quarter |
| Net earnings (loss) per share, diluted (in usd per share) |
EarningsPerShareDiluted
|
$2.28 | USD | 1 Quarter |
| Net earnings (loss) per share, diluted (in usd per share) |
EarningsPerShareDiluted
|
$-1.56 | USD | 1 Quarter |
| Weighted average shares outstanding F&G common stock, basic basis (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
125.00M | shares | 1 Quarter |
| Weighted average shares outstanding F&G common stock, basic basis (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
105.00M | shares | 1 Quarter |
| Weighted average shares outstanding F&G common stock, diluted basis (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
125.00M | shares | 1 Quarter |
| Weighted average shares outstanding F&G common stock, diluted basis (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
105.00M | shares | 1 Quarter |
Cash Flow Statement
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings (loss) |
NetIncomeLoss
|
$-195.00M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$239.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$90.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$76.00M | USD | 1 Quarter |
| (Gain) loss on sales of investments and other assets and asset impairments, net |
GainLossOnInvestmentsAndDispositionOfOtherAssetsAndAssetImpairments
|
$15.00M | USD | 1 Quarter |
| (Gain) loss on sales of investments and other assets and asset impairments, net |
GainLossOnInvestmentsAndDispositionOfOtherAssetsAndAssetImpairments
|
$-182.00M | USD | 1 Quarter |
| Interest credited/index credits to contractholder account balances |
IncreaseDecreaseInterestCreditedToPolicyOwnerAccount
|
$463.00M | USD | 1 Quarter |
| Interest credited/index credits to contractholder account balances |
IncreaseDecreaseInterestCreditedToPolicyOwnerAccount
|
$-386.00M | USD | 1 Quarter |
| Change in market risk benefits, net |
MarketRiskBenefitChangeInFairValueGainLoss
|
$-70.00M | USD | 1 Quarter |
| Change in market risk benefits, net |
MarketRiskBenefitChangeInFairValueGainLoss
|
$-59.00M | USD | 1 Quarter |
| Deferred policy acquisition costs and deferred sales inducements |
IncreaseDecreaseInDeferredPolicyAcquisitionCostsAndDeferredSalesInducements
|
$169.00M | USD | 1 Quarter |
| Deferred policy acquisition costs and deferred sales inducements |
IncreaseDecreaseInDeferredPolicyAcquisitionCostsAndDeferredSalesInducements
|
$251.00M | USD | 1 Quarter |
| Charges assessed to contractholders for mortality and administration |
ChargesAssessedToContractHoldersForMortalityAndAdministration
|
$58.00M | USD | 1 Quarter |
| Charges assessed to contractholders for mortality and administration |
ChargesAssessedToContractHoldersForMortalityAndAdministration
|
$52.00M | USD | 1 Quarter |
| Distributions from unconsolidated affiliates, return on investment |
EquityMethodInvestmentDividendsOrDistributions
|
$19.00M | USD | 1 Quarter |
| Distributions from unconsolidated affiliates, return on investment |
EquityMethodInvestmentDividendsOrDistributions
|
$17.00M | USD | 1 Quarter |
| Stock-based compensation cost |
AllocatedShareBasedCompensationExpense
|
$5.00M | USD | 1 Quarter |
| Stock-based compensation cost |
AllocatedShareBasedCompensationExpense
|
$3.00M | USD | 1 Quarter |
| Change in NAV of limited partnerships, net |
UnrealizedGainLossOnInvestmentInLimitedPartnerships
|
$57.00M | USD | 1 Quarter |
| Change in NAV of limited partnerships, net |
UnrealizedGainLossOnInvestmentInLimitedPartnerships
|
$112.00M | USD | 1 Quarter |
| Change in valuation of derivatives, equity and preferred securities, net |
UnrealizedGainLossOnInvestments
|
$-312.00M | USD | 1 Quarter |
| Change in valuation of derivatives, equity and preferred securities, net |
UnrealizedGainLossOnInvestments
|
$166.00M | USD | 1 Quarter |
| Change in reinsurance recoverable |
IncreaseDecreaseInReinsuranceRecoverable
|
- | USD | 1 Quarter |
| Change in reinsurance recoverable |
IncreaseDecreaseInReinsuranceRecoverable
|
$-35.00M | USD | 1 Quarter |
| Change in future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReserves
|
$428.00M | USD | 1 Quarter |
| Change in future policy benefits |
IncreaseDecreaseInFuturePolicyBenefitReserves
|
$224.00M | USD | 1 Quarter |
| Change in funds withheld from reinsurers |
IncreaseDecreaseInReinsurancePayables
|
$181.00M | USD | 1 Quarter |
| Change in funds withheld from reinsurers |
IncreaseDecreaseInReinsurancePayables
|
$1.12B | USD | 1 Quarter |
| Net change in income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-13.00M | USD | 1 Quarter |
| Net change in income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$103.00M | USD | 1 Quarter |
| Net change in other assets and other liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$307.00M | USD | 1 Quarter |
| Net change in other assets and other liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-11.00M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$423.00M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.44B | USD | 1 Quarter |
| Proceeds from sales, calls and maturities of investment securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$1.80B | USD | 1 Quarter |
| Proceeds from sales, calls and maturities of investment securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$915.00M | USD | 1 Quarter |
| Additions to property and equipment and capitalized software |
PaymentsToAcquirePropertyPlantandEquipmentandSoftware
|
$6.00M | USD | 1 Quarter |
| Additions to property and equipment and capitalized software |
PaymentsToAcquirePropertyPlantandEquipmentandSoftware
|
$11.00M | USD | 1 Quarter |
| Purchases of investment securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$3.90B | USD | 1 Quarter |
| Purchases of investment securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$3.70B | USD | 1 Quarter |
| Net proceeds from (purchases of) sales and maturities of short-term investment securities |
PaymentsForProceedsFromShortTermInvestments
|
$-785.00M | USD | 1 Quarter |
| Net proceeds from (purchases of) sales and maturities of short-term investment securities |
PaymentsForProceedsFromShortTermInvestments
|
$15.00M | USD | 1 Quarter |
| Additional investments in unconsolidated affiliates |
PaymentsToAcquireEquityMethodInvestments
|
$293.00M | USD | 1 Quarter |
| Additional investments in unconsolidated affiliates |
PaymentsToAcquireEquityMethodInvestments
|
$290.00M | USD | 1 Quarter |
| Distributions from unconsolidated affiliates, return of investment |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$91.00M | USD | 1 Quarter |
| Distributions from unconsolidated affiliates, return of investment |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$29.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.19B | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.41B | USD | 1 Quarter |
| Borrowings |
ProceedsFromLongTermLinesOfCredit
|
- | USD | 1 Quarter |
| Borrowings |
ProceedsFromLongTermLinesOfCredit
|
$500.00M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$10.00M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Net revolving credit facility (repayments) borrowings |
ProceedsFromRepaymentsOfOtherLongTermDebt
|
$-35.00M | USD | 1 Quarter |
| Net revolving credit facility (repayments) borrowings |
ProceedsFromRepaymentsOfOtherLongTermDebt
|
- | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$25.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
- | USD | 1 Quarter |
| Contractholder account deposits |
ProceedsFromAnnuitiesAndInvestmentCertificates
|
$2.12B | USD | 1 Quarter |
| Contractholder account deposits |
ProceedsFromAnnuitiesAndInvestmentCertificates
|
$2.12B | USD | 1 Quarter |
| Contractholder account withdrawals |
RepaymentsOfAnnuitiesAndInvestmentCertificates
|
$950.00M | USD | 1 Quarter |
| Contractholder account withdrawals |
RepaymentsOfAnnuitiesAndInvestmentCertificates
|
$723.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.59B | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.40B | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$624.00M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-365.00M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.58B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$960.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.17B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.53B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.58B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$960.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.17B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.53B | USD | Point-in-time |
Stockholders Equity
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance, Beginning |
StockholdersEquity
|
$2.48B | USD | Point-in-time |
| Balance, Beginning |
StockholdersEquity
|
$3.77B | USD | Point-in-time |
| Balance, Beginning |
StockholdersEquity
|
$5.03B | USD | Point-in-time |
| Balance, Beginning |
StockholdersEquity
|
$2.40B | USD | Point-in-time |
| Other comprehensive earnings - unrealized gain on investments and other financial instruments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$321.00M | USD | 1 Quarter |
| Other comprehensive earnings - unrealized gain on investments and other financial instruments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-1.85B | USD | 1 Quarter |
| Other comprehensive earnings - unrealized gain on foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-2.00M | USD | 1 Quarter |
| Other comprehensive earnings - unrealized gain on investments in unconsolidated affiliates |
OtherComprehensiveIncomeLossUnrealizedHoldingGainLossOnEquityMethodInvestmentsArisingDuringPeriodNetOfTax
|
$1.00M | USD | 1 Quarter |
| Reclassification adjustments for change in unrealized gains and losses included in net earnings |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$-41.00M | USD | 1 Quarter |
| Reclassification adjustments for change in unrealized gains and losses included in net earnings |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$-27.00M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$3.00M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$5.00M | USD | 1 Quarter |
| Change in instrument-specific credit risk - market risk benefits |
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsAndTax
|
$33.00M | USD | 1 Quarter |
| Change in instrument-specific credit risk - market risk benefits |
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsAndTax
|
$7.00M | USD | 1 Quarter |
| Change in current discount rate - liability for future policy benefits |
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax
|
$-100.00M | USD | 1 Quarter |
| Change in current discount rate - liability for future policy benefits |
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax
|
$292.00M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$-195.00M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$239.00M | USD | 1 Quarter |
| Balance, Ending |
StockholdersEquity
|
$2.48B | USD | Point-in-time |
| Balance, Ending |
StockholdersEquity
|
$3.77B | USD | Point-in-time |
| Balance, Ending |
StockholdersEquity
|
$5.03B | USD | Point-in-time |
| Balance, Ending |
StockholdersEquity
|
$2.40B | USD | Point-in-time |
Comprehensive Income
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings (loss) |
NetIncomeLoss
|
$-195.00M | USD | 1 Quarter |
| Net earnings (loss) |
NetIncomeLoss
|
$239.00M | USD | 1 Quarter |
| Changes in current discount rate - future policy benefits tax (benefit) expense |
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentTax
|
$-27.00M | USD | 1 Quarter |
| Changes in current discount rate - future policy benefits tax (benefit) expense |
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentTax
|
$78.00M | USD | 1 Quarter |
| Change in current discount rate - liability for future policy benefits |
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax
|
$-100.00M | USD | 1 Quarter |
| Changes in instrument-specific credit risk - market risk benefits, tax (benefit) expense |
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsTaxParent
|
$2.00M | USD | 1 Quarter |
| Change in current discount rate - liability for future policy benefits |
OciLiabilityForFuturePolicyBenefitGainLossAfterReclassificationAdjustmentAndTax
|
$292.00M | USD | 1 Quarter |
| Changes in instrument-specific credit risk - market risk benefits, tax (benefit) expense |
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsTaxParent
|
$9.00M | USD | 1 Quarter |
| Changes in instrument-specific credit risk - market risk benefits |
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsAndTax
|
$33.00M | USD | 1 Quarter |
| Unrealized (loss) gain on investments and other financial instruments, net of deferred income taxes, tax (benefit) expense |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$86.00M | USD | 1 Quarter |
| Changes in instrument-specific credit risk - market risk benefits |
OciMarketRiskBenefitInstrumentSpecificCreditRiskGainLossAfterAdjustmentsAndTax
|
$7.00M | USD | 1 Quarter |
| Unrealized (loss) gain on investments and other financial instruments, net of deferred income taxes, tax (benefit) expense |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-372.00M | USD | 1 Quarter |
| Unrealized (loss) gain on foreign currency translation, tax (benefit) expense |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
- | USD | 1 Quarter |
| Unrealized (loss) gain on foreign currency translation, tax (benefit) expense |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
- | USD | 1 Quarter |
| Unrealized (loss) gain on investments and other financial instruments, net of deferred income taxes |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$321.00M | USD | 1 Quarter |
| Unrealized (loss) gain on investments and other financial instruments, net of deferred income taxes |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-1.85B | USD | 1 Quarter |
| Reclassification adjustments for change in unrealized gains and losses included in net earnings tax (benefit) expense |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
$-11.00M | USD | 1 Quarter |
| Unrealized (loss) gain on foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.00M | USD | 1 Quarter |
| Reclassification adjustments for change in unrealized gains and losses included in net earnings tax (benefit) expense |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
$-7.00M | USD | 1 Quarter |
| Unrealized (loss) gain on foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-2.00M | USD | 1 Quarter |
| Reclassification adjustments for change in unrealized gains and losses included in net earnings |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$-41.00M | USD | 1 Quarter |
| Reclassification adjustments for change in unrealized gains and losses included in net earnings |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$-27.00M | USD | 1 Quarter |
| Other comprehensive (loss) earnings |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$270.00M | USD | 1 Quarter |
| Other comprehensive (loss) earnings |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.50B | USD | 1 Quarter |
| Comprehensive (loss) earnings |
ComprehensiveIncomeNetOfTax
|
$-1.26B | USD | 1 Quarter |
| Comprehensive (loss) earnings |
ComprehensiveIncomeNetOfTax
|
$75.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.