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10-Q Filing

GENWORTH FINANCIAL INC CIK: 1276520 Q2 2021
Filing Information
Form Type 10-Q
Accession Number 0001193125-21-236932
Period End Date 20210630
Filing Date 20210805
Fiscal Year 2021
Fiscal Period Q2
XBRL Instance d119301d10q_htm.xml
Balance Sheet 103 line items
Line Item Tag Value Unit Period
Fixed maturity securities available-for-sale, at fair value (amortized cost of $53,111 and $53,417 and allowance for credit losses of $ and $4 as of June 30, 2021 and December 31, 2020, respectively) AvailableForSaleSecuritiesDebtSecurities $61.65B USD Point-in-time
Fixed maturity securities available-for-sale, at fair value (amortized cost of $53,111 and $53,417 and allowance for credit losses of $ and $4 as of June 30, 2021 and December 31, 2020, respectively) AvailableForSaleSecuritiesDebtSecurities $63.49B USD Point-in-time
Debt securities amortized costs AvailableForSaleDebtSecuritiesAmortizedCostBasis $53.11B USD Point-in-time
Debt securities amortized costs AvailableForSaleDebtSecuritiesAmortizedCostBasis $53.42B USD Point-in-time
Equity securities, at fair value AvailableForSaleSecuritiesEquitySecurities $386.00M USD Point-in-time
Equity securities, at fair value AvailableForSaleSecuritiesEquitySecurities $147.00M USD Point-in-time
Debt securities allowance for credit losses DebtSecuritiesHeldToMaturityAllowanceForCreditLoss $4.00M USD Point-in-time
Debt securities allowance for credit losses DebtSecuritiesHeldToMaturityAllowanceForCreditLoss - USD Point-in-time
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of June 30, 2021 and December 31, 2020) NotesReceivableGross $6.77B USD Point-in-time
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of June 30, 2021 and December 31, 2020) NotesReceivableGross $6.91B USD Point-in-time
Unamortized balance of loan origination fees FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount $4.00M USD Point-in-time
Less: Allowance for credit losses AllowanceForLoanAndLeaseLossesRealEstate $33.00M USD Point-in-time
Less: Allowance for credit losses AllowanceForLoanAndLeaseLossesRealEstate $31.00M USD Point-in-time
Unamortized balance of loan origination fees FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount $4.00M USD Point-in-time
Class A common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Class A common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Commercial mortgage loans, net MortgageLoansOnRealEstateCommercialAndConsumerNet $6.74B USD Point-in-time
Commercial mortgage loans, net MortgageLoansOnRealEstateCommercialAndConsumerNet $6.88B USD Point-in-time
Class A common stock, shares authorized CommonStockSharesAuthorized 1.50B shares Point-in-time
Policy loans LoansInsurancePolicy $2.08B USD Point-in-time
Class A common stock, shares authorized CommonStockSharesAuthorized 1.50B shares Point-in-time
Policy loans LoansInsurancePolicy $1.98B USD Point-in-time
Class A common stock, shares issued CommonStockSharesIssued 596.00M shares Point-in-time
Other invested assets OtherInvestments $2.10B USD Point-in-time
Other invested assets OtherInvestments $2.26B USD Point-in-time
Class A common stock, shares issued CommonStockSharesIssued 594.00M shares Point-in-time
Class A common stock, shares outstanding CommonStockSharesOutstanding 508.00M shares Point-in-time
Total investments Investments $74.70B USD Point-in-time
Total investments Investments $73.02B USD Point-in-time
Class A common stock, shares outstanding CommonStockSharesOutstanding 506.00M shares Point-in-time
Treasury stock, shares TreasuryStockShares 88.00M shares Point-in-time
Treasury stock, shares TreasuryStockShares 88.00M shares Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.21B USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.52B USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.56B USD Point-in-time
Accrued investment income AccruedInvestmentIncomeReceivable $655.00M USD Point-in-time
Accrued investment income AccruedInvestmentIncomeReceivable $573.00M USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $1.21B USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $1.49B USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $157.00M USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $151.00M USD Point-in-time
Reinsurance recoverable ReinsuranceRecoverablesGross $16.72B USD Point-in-time
Reinsurance recoverable ReinsuranceRecoverablesGross $16.86B USD Point-in-time
Less: Allowance for credit losses ReinsuranceRecoverablesAllowance $50.00M USD Point-in-time
Less: Allowance for credit losses ReinsuranceRecoverablesAllowance $45.00M USD Point-in-time
Reinsurance recoverable, net ReinsuranceRecoverables $16.67B USD Point-in-time
Reinsurance recoverable, net ReinsuranceRecoverables $16.82B USD Point-in-time
Other assets OtherAssets $404.00M USD Point-in-time
Other assets OtherAssets $403.00M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $211.00M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $65.00M USD Point-in-time
Separate account assets SeparateAccountAssets $6.20B USD Point-in-time
Separate account assets SeparateAccountAssets $6.08B USD Point-in-time
Assets related to discontinued operations AssetsOfDisposalGroupIncludingDiscontinuedOperation - USD Point-in-time
Assets related to discontinued operations AssetsOfDisposalGroupIncludingDiscontinuedOperation $2.82B USD Point-in-time
Total assets Assets $100.65B USD Point-in-time
Total assets Assets $105.75B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefits $42.70B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefits $42.16B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $21.50B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $19.94B USD Point-in-time
Liability for policy and contract claims LiabilityForClaimsAndClaimsAdjustmentExpense $11.55B USD Point-in-time
Liability for policy and contract claims LiabilityForClaimsAndClaimsAdjustmentExpense $11.49B USD Point-in-time
Unearned premiums UnearnedPremiums $775.00M USD Point-in-time
Unearned premiums UnearnedPremiums $695.00M USD Point-in-time
Other liabilities OtherLiabilities $1.66B USD Point-in-time
Other liabilities OtherLiabilities $1.61B USD Point-in-time
Long-term borrowings LongTermDebt $3.40B USD Point-in-time
Long-term borrowings LongTermDebt $2.92B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $6.20B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $6.08B USD Point-in-time
Liabilities related to discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $2.37B USD Point-in-time
Liabilities related to discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $346.00M USD Point-in-time
Total liabilities Liabilities $89.93B USD Point-in-time
Total liabilities Liabilities $85.49B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Class A common stock, $0.001 par value; 1.5 billion shares authorized; 596 million and 594 million shares issued as of June 30, 2021 and December 31, 2020, respectively; 508 million and 506 million shares outstanding as of June 30, 2021 and December 31, 2020, respectively CommonStockValue $1.00M USD Point-in-time
Class A common stock, $0.001 par value; 1.5 billion shares authorized; 596 million and 594 million shares issued as of June 30, 2021 and December 31, 2020, respectively; 508 million and 506 million shares outstanding as of June 30, 2021 and December 31, 2020, respectively CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $12.01B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $12.02B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.43B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.42B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.81B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.67B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.45B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.83B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.58B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.01B USD Point-in-time
Treasury stock, at cost (88 million shares as of June 30, 2021 and December 31, 2020) TreasuryStockValue $2.70B USD Point-in-time
Treasury stock, at cost (88 million shares as of June 30, 2021 and December 31, 2020) TreasuryStockValue $2.70B USD Point-in-time
Total Genworth Financial, Inc.'s stockholders' equity StockholdersEquity $15.16B USD Point-in-time
Total Genworth Financial, Inc.'s stockholders' equity StockholdersEquity $15.32B USD Point-in-time
Noncontrolling interests MinorityInterest - USD Point-in-time
Noncontrolling interests MinorityInterest $502.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.76B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.16B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.83B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.63B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.09B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $105.75B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $100.65B USD Point-in-time
Income Statement 112 line items
Line Item Tag Value Unit Period
Premiums PremiumsEarnedNet $957.00M USD 1 Quarter
Premiums PremiumsEarnedNet $1.92B USD 2 Qtrs
Premiums PremiumsEarnedNet $1.90B USD 2 Qtrs
Premiums PremiumsEarnedNet $947.00M USD 1 Quarter
Net investment income NetInvestmentIncome $844.00M USD 1 Quarter
Net investment income NetInvestmentIncome $1.56B USD 2 Qtrs
Net investment income NetInvestmentIncome $1.65B USD 2 Qtrs
Net investment income NetInvestmentIncome $779.00M USD 1 Quarter
Net investment gains (losses) GainLossOnInvestments $70.00M USD 1 Quarter
Net investment gains (losses) GainLossOnInvestments $93.00M USD 1 Quarter
Net investment gains (losses) GainLossOnInvestments $-6.00M USD 2 Qtrs
Net investment gains (losses) GainLossOnInvestments $103.00M USD 2 Qtrs
Policy fees and other income PolicyFeesAndOtherIncome $363.00M USD 2 Qtrs
Policy fees and other income PolicyFeesAndOtherIncome $180.00M USD 1 Quarter
Policy fees and other income PolicyFeesAndOtherIncome $354.00M USD 2 Qtrs
Policy fees and other income PolicyFeesAndOtherIncome $174.00M USD 1 Quarter
Total revenues Revenues $2.04B USD 1 Quarter
Total revenues Revenues $3.81B USD 2 Qtrs
Total revenues Revenues $4.03B USD 2 Qtrs
Total revenues Revenues $2.00B USD 1 Quarter
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $2.78B USD 2 Qtrs
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $1.16B USD 1 Quarter
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $1.45B USD 1 Quarter
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $2.38B USD 2 Qtrs
Interest credited InterestCreditedToPolicyholdersAccountBalances $127.00M USD 1 Quarter
Interest credited InterestCreditedToPolicyholdersAccountBalances $139.00M USD 1 Quarter
Interest credited InterestCreditedToPolicyholdersAccountBalances $258.00M USD 2 Qtrs
Interest credited InterestCreditedToPolicyholdersAccountBalances $280.00M USD 2 Qtrs
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $304.00M USD 1 Quarter
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $210.00M USD 1 Quarter
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $447.00M USD 2 Qtrs
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $579.00M USD 2 Qtrs
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $195.00M USD 2 Qtrs
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $86.00M USD 1 Quarter
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $87.00M USD 1 Quarter
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $163.00M USD 2 Qtrs
Interest expense InterestExpense $43.00M USD 1 Quarter
Interest expense InterestExpense $42.00M USD 1 Quarter
Interest expense InterestExpense $93.00M USD 2 Qtrs
Interest expense InterestExpense $94.00M USD 2 Qtrs
Total benefits and expenses BenefitsLossesAndExpenses $3.47B USD 2 Qtrs
Total benefits and expenses BenefitsLossesAndExpenses $1.72B USD 1 Quarter
Total benefits and expenses BenefitsLossesAndExpenses $3.80B USD 2 Qtrs
Total benefits and expenses BenefitsLossesAndExpenses $1.93B USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $320.00M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $13.00M USD 2 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $553.00M USD 2 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $78.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $134.00M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $18.00M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $75.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $23.00M USD 1 Quarter
Income (loss) from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $-5.00M USD 2 Qtrs
Income (loss) from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $55.00M USD 1 Quarter
Income (loss) from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $245.00M USD 1 Quarter
Income (loss) from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $419.00M USD 2 Qtrs
Income (loss) from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $16.00M USD 2 Qtrs
Income (loss) from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-485.00M USD 2 Qtrs
Income (loss) from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-5.00M USD 1 Quarter
Income (loss) from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-473.00M USD 1 Quarter
Net income (loss) ProfitLoss $-418.00M USD 1 Quarter
Net income (loss) ProfitLoss $240.00M USD 1 Quarter
Net income (loss) ProfitLoss $435.00M USD 2 Qtrs
Net income (loss) ProfitLoss $-490.00M USD 2 Qtrs
Less: net income from continuing operations attributable to noncontrolling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity - USD 1 Quarter
Less: net income from continuing operations attributable to noncontrolling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity - USD 2 Qtrs
Less: net income from continuing operations attributable to noncontrolling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity - USD 1 Quarter
Less: net income from continuing operations attributable to noncontrolling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity - USD 2 Qtrs
Less: net income from discontinued operations attributable to noncontrolling interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest $17.00M USD 2 Qtrs
Less: net income from discontinued operations attributable to noncontrolling interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Less: net income from discontinued operations attributable to noncontrolling interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest $8.00M USD 2 Qtrs
Less: net income from discontinued operations attributable to noncontrolling interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest $23.00M USD 1 Quarter
Net income (loss) available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $240.00M USD 1 Quarter
Net income (loss) available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $-507.00M USD 2 Qtrs
Net income (loss) available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $-441.00M USD 1 Quarter
Net income (loss) available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $427.00M USD 2 Qtrs
Income (loss) from continuing operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromContinuingOperations $419.00M USD 2 Qtrs
Income (loss) from continuing operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromContinuingOperations $55.00M USD 1 Quarter
Income (loss) from continuing operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromContinuingOperations $245.00M USD 1 Quarter
Income (loss) from continuing operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromContinuingOperations $-5.00M USD 2 Qtrs
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-496.00M USD 1 Quarter
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $8.00M USD 2 Qtrs
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-502.00M USD 2 Qtrs
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-5.00M USD 1 Quarter
Net income (loss) available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $240.00M USD 1 Quarter
Net income (loss) available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $-507.00M USD 2 Qtrs
Net income (loss) available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $-441.00M USD 1 Quarter
Net income (loss) available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $427.00M USD 2 Qtrs
Basic IncomeLossFromContinuingOperationsPerBasicShare $-0.01 USD 2 Qtrs
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.48 USD 1 Quarter
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.11 USD 1 Quarter
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.83 USD 2 Qtrs
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.11 USD 1 Quarter
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $-0.01 USD 2 Qtrs
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.82 USD 2 Qtrs
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.47 USD 1 Quarter
Basic EarningsPerShareBasic $0.47 USD 1 Quarter
Basic EarningsPerShareBasic $0.84 USD 2 Qtrs
Basic EarningsPerShareBasic $-0.87 USD 1 Quarter
Basic EarningsPerShareBasic $-1.00 USD 2 Qtrs
Diluted EarningsPerShareDiluted $0.83 USD 2 Qtrs
Diluted EarningsPerShareDiluted $0.47 USD 1 Quarter
Diluted EarningsPerShareDiluted $-1.00 USD 2 Qtrs
Diluted EarningsPerShareDiluted $-0.86 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 504.80M shares 2 Qtrs
Basic WeightedAverageNumberOfSharesOutstandingBasic 505.40M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 507.00M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 506.50M shares 2 Qtrs
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 515.00M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 504.80M shares 2 Qtrs
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 512.50M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 514.40M shares 2 Qtrs
Cash Flow Statement 95 line items
Line Item Tag Value Unit Period
Discontinued operations exchange rate effect EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations $-6.00M USD 2 Qtrs
Discontinued operations exchange rate effect EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations $-1.00M USD 2 Qtrs
Net income (loss) ProfitLoss $-418.00M USD 1 Quarter
Net income (loss) ProfitLoss $240.00M USD 1 Quarter
Net income (loss) ProfitLoss $435.00M USD 2 Qtrs
Net income (loss) ProfitLoss $-490.00M USD 2 Qtrs
Less (income) loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $16.00M USD 2 Qtrs
Less (income) loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-485.00M USD 2 Qtrs
Less (income) loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-5.00M USD 1 Quarter
Less (income) loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-473.00M USD 1 Quarter
Amortization of fixed maturity securities discounts and premiums AccretionAmortizationOfDiscountsAndPremiumsInvestments $80.00M USD 2 Qtrs
Amortization of fixed maturity securities discounts and premiums AccretionAmortizationOfDiscountsAndPremiumsInvestments $58.00M USD 2 Qtrs
Net investment (gains) losses GainLossOnInvestments $70.00M USD 1 Quarter
Net investment (gains) losses GainLossOnInvestments $93.00M USD 1 Quarter
Net investment (gains) losses GainLossOnInvestments $-6.00M USD 2 Qtrs
Net investment (gains) losses GainLossOnInvestments $103.00M USD 2 Qtrs
Charges assessed to policyholders ChargesAssessedToPolicyholders $314.00M USD 2 Qtrs
Charges assessed to policyholders ChargesAssessedToPolicyholders $317.00M USD 2 Qtrs
Acquisition costs deferred IncreaseDecreaseInDeferredPolicyAcquisitionCosts $3.00M USD 2 Qtrs
Acquisition costs deferred IncreaseDecreaseInDeferredPolicyAcquisitionCosts $3.00M USD 2 Qtrs
Amortization of deferred acquisition costs and intangibles DepreciationAmortizationAndAccretionNet $163.00M USD 2 Qtrs
Amortization of deferred acquisition costs and intangibles DepreciationAmortizationAndAccretionNet $195.00M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $16.00M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $132.00M USD 2 Qtrs
Derivative instruments, limited partnerships and other IncreaseDecreaseInDerivativeInstrumentsAndLimitedPartnershipsandother $-196.00M USD 2 Qtrs
Derivative instruments, limited partnerships and other IncreaseDecreaseInDerivativeInstrumentsAndLimitedPartnershipsandother $189.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $19.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $25.00M USD 2 Qtrs
Accrued investment income and other assets IncreaseDecreaseInOtherOperatingAssets $84.00M USD 2 Qtrs
Accrued investment income and other assets IncreaseDecreaseInOtherOperatingAssets $69.00M USD 2 Qtrs
Insurance reserves IncreaseDecreaseInInsuranceLiabilities $674.00M USD 2 Qtrs
Insurance reserves IncreaseDecreaseInInsuranceLiabilities $507.00M USD 2 Qtrs
Current tax liabilities IncreaseDecreaseInAccruedIncomeTaxesPayable $-4.00M USD 2 Qtrs
Current tax liabilities IncreaseDecreaseInAccruedIncomeTaxesPayable $2.00M USD 2 Qtrs
Other liabilities, policy and contract claims and other policy-related balances IncreaseDecreaseInOtherOperatingLiabilities $736.00M USD 2 Qtrs
Other liabilities, policy and contract claims and other policy-related balances IncreaseDecreaseInOtherOperatingLiabilities $-60.00M USD 2 Qtrs
Cash used by operating activitiesdiscontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-81.00M USD 2 Qtrs
Cash used by operating activitiesdiscontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-192.00M USD 2 Qtrs
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $1.30B USD 2 Qtrs
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $229.00M USD 2 Qtrs
Fixed maturity securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $2.22B USD 2 Qtrs
Fixed maturity securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $1.62B USD 2 Qtrs
Commercial mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $302.00M USD 2 Qtrs
Commercial mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $392.00M USD 2 Qtrs
Other invested assets ProceedsFromSaleAndMaturityOfOtherInvestments $71.00M USD 2 Qtrs
Other invested assets ProceedsFromSaleAndMaturityOfOtherInvestments $107.00M USD 2 Qtrs
Fixed maturity and equity securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $1.01B USD 2 Qtrs
Fixed maturity and equity securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $1.31B USD 2 Qtrs
Fixed maturity and equity securities PaymentsToAcquireAvailableForSaleSecurities $2.87B USD 2 Qtrs
Fixed maturity and equity securities PaymentsToAcquireAvailableForSaleSecurities $3.34B USD 2 Qtrs
Commercial mortgage loans PaymentsToAcquireMortgageNotesReceivable $531.00M USD 2 Qtrs
Commercial mortgage loans PaymentsToAcquireMortgageNotesReceivable $271.00M USD 2 Qtrs
Other invested assets PaymentsForProceedsFromOtherInvestingActivities $236.00M USD 2 Qtrs
Other invested assets PaymentsForProceedsFromOtherInvestingActivities $240.00M USD 2 Qtrs
Short-term investments, net PaymentsForProceedsFromShortTermInvestments $17.00M USD 2 Qtrs
Short-term investments, net PaymentsForProceedsFromShortTermInvestments $76.00M USD 2 Qtrs
Policy loans, net PaymentsForProceedsFromPolicyLoans $-10.00M USD 2 Qtrs
Policy loans, net PaymentsForProceedsFromPolicyLoans $-28.00M USD 2 Qtrs
Proceeds from sale of business, net of cash transferred ProceedsFromDivestitureOfBusinessesNetOfCashDivested $270.00M USD 2 Qtrs
Proceeds from sale of business, net of cash transferred ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD 2 Qtrs
Cash used by investing activitiesdiscontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-32.00M USD 2 Qtrs
Cash used by investing activitiesdiscontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-67.00M USD 2 Qtrs
Net cash from (used by) investing activities NetCashProvidedByUsedInInvestingActivities $541.00M USD 2 Qtrs
Net cash from (used by) investing activities NetCashProvidedByUsedInInvestingActivities $-887.00M USD 2 Qtrs
Deposits to universal life and investment contracts ProceedsFromAnnuitiesAndInvestmentCertificates $516.00M USD 2 Qtrs
Deposits to universal life and investment contracts ProceedsFromAnnuitiesAndInvestmentCertificates $349.00M USD 2 Qtrs
Withdrawals from universal life and investment contracts RepaymentsOfAnnuitiesAndInvestmentCertificates $914.00M USD 2 Qtrs
Withdrawals from universal life and investment contracts RepaymentsOfAnnuitiesAndInvestmentCertificates $1.14B USD 2 Qtrs
Redemption of non-recourse funding obligations RepaymentsOfNonRecourseFundingObligations $315.00M USD 2 Qtrs
Redemption of non-recourse funding obligations RepaymentsOfNonRecourseFundingObligations - USD 2 Qtrs
Repayment and repurchase of long-term debt RepaymentsOfLongTermDebt $471.00M USD 2 Qtrs
Repayment and repurchase of long-term debt RepaymentsOfLongTermDebt $484.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $49.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $65.00M USD 2 Qtrs
Cash used by financing activitiesdiscontinued operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $-9.00M USD 2 Qtrs
Cash used by financing activitiesdiscontinued operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD 2 Qtrs
Net cash used by financing activities NetCashProvidedByUsedInFinancingActivities $-1.14B USD 2 Qtrs
Net cash used by financing activities NetCashProvidedByUsedInFinancingActivities $-1.21B USD 2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $(1) and $(6) related to discontinued operations) EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-12.00M USD 2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $(1) and $(6) related to discontinued operations) EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.00M USD 2 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-744.00M USD 2 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-442.00M USD 2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $2.66B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $2.21B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $3.34B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $2.60B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $2.66B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $2.21B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $3.34B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $2.60B USD Point-in-time
Less cash, cash equivalents and restricted cash of discontinued operations at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations - USD Point-in-time
Less cash, cash equivalents and restricted cash of discontinued operations at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations $74.00M USD Point-in-time
Cash, cash equivalents and restricted cash of continuing operations at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.52B USD Point-in-time
Cash, cash equivalents and restricted cash of continuing operations at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.21B USD Point-in-time
Cash, cash equivalents and restricted cash of continuing operations at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.56B USD Point-in-time
Stockholders Equity 30 line items
Line Item Tag Value Unit Period
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.76B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.16B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.83B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.63B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.09B USD Point-in-time
Sale of business that included noncontrolling interests NoncontrollingInterestDecreaseFromDeconsolidation $657.00M USD 2 Qtrs
Net income ProfitLoss $-418.00M USD 1 Quarter
Net income ProfitLoss $240.00M USD 1 Quarter
Net income ProfitLoss $435.00M USD 2 Qtrs
Net income ProfitLoss $-490.00M USD 2 Qtrs
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $1.00B USD 2 Qtrs
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $159.00M USD 1 Quarter
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $669.00M USD 1 Quarter
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-444.00M USD 2 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $399.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-9.00M USD 2 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $514.00M USD 2 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $251.00M USD 1 Quarter
Dividends to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $9.00M USD 2 Qtrs
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $6.00M USD 2 Qtrs
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $7.00M USD 1 Quarter
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $3.00M USD 1 Quarter
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $10.00M USD 2 Qtrs
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.63B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.76B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.16B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.83B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.09B USD Point-in-time
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-418.00M USD 1 Quarter
Net income (loss) ProfitLoss $240.00M USD 1 Quarter
Net income (loss) ProfitLoss $435.00M USD 2 Qtrs
Net income (loss) ProfitLoss $-490.00M USD 2 Qtrs
Net unrealized gains (losses) on securities without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $682.00M USD 1 Quarter
Net unrealized gains (losses) on securities without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $362.00M USD 2 Qtrs
Net unrealized gains (losses) on securities without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $-58.00M USD 1 Quarter
Net unrealized gains (losses) on securities without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $-380.00M USD 2 Qtrs
Net unrealized gains (losses) on securities with an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithAnAllowanceForCreditLosses $4.00M USD 1 Quarter
Net unrealized gains (losses) on securities with an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithAnAllowanceForCreditLosses $-8.00M USD 2 Qtrs
Net unrealized gains (losses) on securities with an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithAnAllowanceForCreditLosses $-8.00M USD 1 Quarter
Net unrealized gains (losses) on securities with an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithAnAllowanceForCreditLosses $6.00M USD 2 Qtrs
Derivatives qualifying as hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-78.00M USD 1 Quarter
Derivatives qualifying as hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-208.00M USD 2 Qtrs
Derivatives qualifying as hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $211.00M USD 1 Quarter
Derivatives qualifying as hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $675.00M USD 2 Qtrs
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $138.00M USD 2 Qtrs
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.00M USD 1 Quarter
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $73.00M USD 1 Quarter
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-25.00M USD 2 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $669.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-444.00M USD 2 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $1.00B USD 2 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $159.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $514.00M USD 2 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $251.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $399.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-9.00M USD 2 Qtrs
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $155.00M USD 2 Qtrs
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $60.00M USD 1 Quarter
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $7.00M USD 2 Qtrs
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $399.00M USD 1 Quarter
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $191.00M USD 1 Quarter
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $507.00M USD 2 Qtrs
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $-164.00M USD 2 Qtrs

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

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