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10-Q Filing

GENWORTH FINANCIAL INC CIK: 1276520 Q2 2022
Filing Information
Form Type 10-Q
Accession Number 0001193125-22-211331
Period End Date 20220630
Filing Date 20220803
Fiscal Year 2022
Fiscal Period Q2
XBRL Instance d380113d10q_htm.xml
Balance Sheet 106 line items
Line Item Tag Value Unit Period
Fixed maturity securities available-for-sale, at fair value (amortized cost of $51,248 and $52,611 and allowance for credit losses of $ as of June 30, 2022 and December 31, 2021) AvailableForSaleSecuritiesDebtSecurities $49.29B USD Point-in-time
Fixed maturity securities available-for-sale, at fair value (amortized cost of $51,248 and $52,611 and allowance for credit losses of $ as of June 30, 2022 and December 31, 2021) AvailableForSaleSecuritiesDebtSecurities $60.48B USD Point-in-time
Equity securities, at fair value EquitySecuritiesFvNiCurrentAndNoncurrent $243.00M USD Point-in-time
Equity securities, at fair value EquitySecuritiesFvNiCurrentAndNoncurrent $198.00M USD Point-in-time
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of June 30, 2022 and December 31, 2021) NotesReceivableGross $6.86B USD Point-in-time
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of June 30, 2022 and December 31, 2021) NotesReceivableGross $7.09B USD Point-in-time
Less: Allowance for credit losses AllowanceForLoanAndLeaseLossesRealEstate $26.00M USD Point-in-time
Debt securities amortized costs AvailableForSaleDebtSecuritiesAmortizedCostBasis $52.61B USD Point-in-time
Less: Allowance for credit losses AllowanceForLoanAndLeaseLossesRealEstate $23.00M USD Point-in-time
Debt securities amortized costs AvailableForSaleDebtSecuritiesAmortizedCostBasis $51.25B USD Point-in-time
Commercial mortgage loans, net MortgageLoansOnRealEstateCommercialAndConsumerNet $7.07B USD Point-in-time
Commercial mortgage loans, net MortgageLoansOnRealEstateCommercialAndConsumerNet $6.83B USD Point-in-time
Debt securities allowance for credit losses DebtSecuritiesHeldToMaturityAllowanceForCreditLoss - USD Point-in-time
Debt securities allowance for credit losses DebtSecuritiesHeldToMaturityAllowanceForCreditLoss - USD Point-in-time
Policy loans LoansInsurancePolicy $2.05B USD Point-in-time
Unamortized balance of loan origination fees FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount $4.00M USD Point-in-time
Unamortized balance of loan origination fees FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount $4.00M USD Point-in-time
Policy loans LoansInsurancePolicy $2.18B 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
Limited partnerships LimitedPartnershipsInvestments $2.12B USD Point-in-time
Limited partnerships LimitedPartnershipsInvestments $1.90B USD Point-in-time
Other invested assets OtherInvestments $820.00M USD Point-in-time
Class A common stock, shares authorized CommonStockSharesAuthorized 1.50B shares Point-in-time
Class A common stock, shares authorized CommonStockSharesAuthorized 1.50B shares Point-in-time
Other invested assets OtherInvestments $573.00M USD Point-in-time
Class A common stock, shares issued CommonStockSharesIssued 600.00M shares Point-in-time
Total investments Investments $61.47B USD Point-in-time
Total investments Investments $72.28B USD Point-in-time
Class A common stock, shares issued CommonStockSharesIssued 596.00M shares Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.57B USD Point-in-time
Class A common stock, shares outstanding CommonStockSharesOutstanding 508.00M shares Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.21B USD Point-in-time
Class A common stock, shares outstanding CommonStockSharesOutstanding 508.00M shares Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.72B USD Point-in-time
Accrued investment income AccruedInvestmentIncomeReceivable $647.00M USD Point-in-time
Accrued investment income AccruedInvestmentIncomeReceivable $553.00M USD Point-in-time
Treasury stock, shares TreasuryStockShares 92.00M shares Point-in-time
Treasury stock, shares TreasuryStockShares 88.00M shares Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $1.21B USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $1.15B USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $2.31B USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $236.00M USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $143.00M USD Point-in-time
Reinsurance recoverable ReinsuranceRecoverablesGross $16.69B USD Point-in-time
Reinsurance recoverable ReinsuranceRecoverablesGross $16.87B USD Point-in-time
Less: Allowance for credit losses ReinsuranceRecoverablesAllowance $60.00M USD Point-in-time
Less: Allowance for credit losses ReinsuranceRecoverablesAllowance $55.00M USD Point-in-time
Reinsurance recoverable, net ReinsuranceRecoverables $16.81B USD Point-in-time
Reinsurance recoverable, net ReinsuranceRecoverables $16.63B USD Point-in-time
Other assets OtherAssets $412.00M USD Point-in-time
Other assets OtherAssets $388.00M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $119.00M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $1.05B USD Point-in-time
Separate account assets SeparateAccountAssets $6.07B USD Point-in-time
Separate account assets SeparateAccountAssets $4.68B USD Point-in-time
Total assets Assets $89.07B USD Point-in-time
Total assets Assets $99.17B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefits $41.53B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefits $38.13B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $19.35B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $17.91B 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
Liability for policy and contract claims LiabilityForClaimsAndClaimsAdjustmentExpense $11.84B USD Point-in-time
Liability for policy and contract claims LiabilityForClaimsAndClaimsAdjustmentExpense $11.91B USD Point-in-time
Unearned premiums UnearnedPremiums $672.00M USD Point-in-time
Unearned premiums UnearnedPremiums $614.00M USD Point-in-time
Other liabilities OtherLiabilities $1.47B USD Point-in-time
Other liabilities OtherLiabilities $1.51B USD Point-in-time
Long-term borrowings LongTermDebt $1.90B USD Point-in-time
Long-term borrowings LongTermDebt $1.77B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $6.07B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $4.68B USD Point-in-time
Liabilities related to discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $4.00M USD Point-in-time
Liabilities related to discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $34.00M USD Point-in-time
Total liabilities Liabilities $82.91B USD Point-in-time
Total liabilities Liabilities $76.50B 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; 600 million and 596 million shares issued as of June 30, 2022 and December 31, 2021, respectively; 508 million shares outstanding as of June 30, 2022 and December 31, 2021 CommonStockValue $1.00M USD Point-in-time
Class A common stock, $0.001 par value; 1.5 billion shares authorized; 600 million and 596 million shares issued as of June 30, 2022 and December 31, 2021, respectively; 508 million shares outstanding as of June 30, 2022 and December 31, 2021 CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $11.86B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $11.86B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-145.00M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.42B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $2.61B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.86B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.67B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.83B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.82B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.49B USD Point-in-time
Treasury stock, at cost (92 million and 88 million shares as of June 30, 2022 and December 31, 2021, respectively) TreasuryStockValue $2.71B USD Point-in-time
Treasury stock, at cost (92 million and 88 million shares as of June 30, 2022 and December 31, 2021, respectively) TreasuryStockValue $2.70B USD Point-in-time
Total Genworth Financial, Inc.'s stockholders' equity StockholdersEquity $11.82B USD Point-in-time
Total Genworth Financial, Inc.'s stockholders' equity StockholdersEquity $15.51B USD Point-in-time
Noncontrolling interests MinorityInterest $751.00M USD Point-in-time
Noncontrolling interests MinorityInterest $756.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.57B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.16B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.15B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.76B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.27B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $99.17B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $89.07B USD Point-in-time
Income Statement 112 line items
Line Item Tag Value Unit Period
Premiums PremiumsEarnedNet $947.00M USD 1 Quarter
Premiums PremiumsEarnedNet $1.86B USD 2 Qtrs
Premiums PremiumsEarnedNet $1.92B USD 2 Qtrs
Premiums PremiumsEarnedNet $927.00M USD 1 Quarter
Net investment income NetInvestmentIncome $787.00M USD 1 Quarter
Net investment income NetInvestmentIncome $1.55B USD 2 Qtrs
Net investment income NetInvestmentIncome $844.00M USD 1 Quarter
Net investment income NetInvestmentIncome $1.65B USD 2 Qtrs
Net investment gains (losses) GainLossOnInvestments $8.00M USD 1 Quarter
Net investment gains (losses) GainLossOnInvestments $70.00M USD 1 Quarter
Net investment gains (losses) GainLossOnInvestments $103.00M USD 2 Qtrs
Net investment gains (losses) GainLossOnInvestments $36.00M USD 2 Qtrs
Policy fees and other income PolicyFeesAndOtherIncome $159.00M USD 1 Quarter
Policy fees and other income PolicyFeesAndOtherIncome $328.00M 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
Total revenues Revenues $1.88B USD 1 Quarter
Total revenues Revenues $2.04B USD 1 Quarter
Total revenues Revenues $3.77B USD 2 Qtrs
Total revenues Revenues $4.03B USD 2 Qtrs
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $2.38B USD 2 Qtrs
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $1.90B USD 2 Qtrs
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $1.16B USD 1 Quarter
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $764.00M USD 1 Quarter
Interest credited InterestCreditedToPolicyholdersAccountBalances $258.00M USD 2 Qtrs
Interest credited InterestCreditedToPolicyholdersAccountBalances $125.00M USD 1 Quarter
Interest credited InterestCreditedToPolicyholdersAccountBalances $250.00M USD 2 Qtrs
Interest credited InterestCreditedToPolicyholdersAccountBalances $127.00M USD 1 Quarter
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $589.00M USD 1 Quarter
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $860.00M USD 2 Qtrs
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $304.00M USD 1 Quarter
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $579.00M USD 2 Qtrs
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $163.00M USD 2 Qtrs
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $84.00M USD 1 Quarter
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $176.00M USD 2 Qtrs
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $86.00M USD 1 Quarter
Interest expense InterestExpense $43.00M USD 1 Quarter
Interest expense InterestExpense $26.00M USD 1 Quarter
Interest expense InterestExpense $52.00M USD 2 Qtrs
Interest expense InterestExpense $94.00M USD 2 Qtrs
Total benefits and expenses BenefitsLossesAndExpenses $1.59B USD 1 Quarter
Total benefits and expenses BenefitsLossesAndExpenses $3.24B USD 2 Qtrs
Total benefits and expenses BenefitsLossesAndExpenses $1.72B USD 1 Quarter
Total benefits and expenses BenefitsLossesAndExpenses $3.47B USD 2 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $293.00M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $532.00M USD 2 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $320.00M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $553.00M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $131.00M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $75.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $134.00M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $73.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $401.00M USD 2 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $419.00M USD 2 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $245.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $220.00M USD 1 Quarter
Income (loss) from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-3.00M USD 2 Qtrs
Income (loss) from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 1 Quarter
Income (loss) from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $16.00M USD 2 Qtrs
Income (loss) from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-5.00M USD 1 Quarter
Net income ProfitLoss $219.00M USD 1 Quarter
Net income ProfitLoss $398.00M USD 2 Qtrs
Net income ProfitLoss $435.00M USD 2 Qtrs
Net income ProfitLoss $240.00M USD 1 Quarter
Less: net income from continuing operations attributable to noncontrolling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $68.00M 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 $38.00M USD 1 Quarter
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 - USD 1 Quarter
Less: net income from discontinued operations attributable to noncontrolling interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest - USD 2 Qtrs
Less: net income from discontinued operations attributable to noncontrolling interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest $8.00M USD 2 Qtrs
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $330.00M USD 2 Qtrs
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $240.00M USD 1 Quarter
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $181.00M USD 1 Quarter
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $427.00M USD 2 Qtrs
Income from continuing operations available to Genworth Financial, Inc.s common stockholders IncomeLossFromContinuingOperations $245.00M USD 1 Quarter
Income from continuing operations available to Genworth Financial, Inc.s common stockholders IncomeLossFromContinuingOperations $333.00M USD 2 Qtrs
Income from continuing operations available to Genworth Financial, Inc.s common stockholders IncomeLossFromContinuingOperations $419.00M USD 2 Qtrs
Income from continuing operations available to Genworth Financial, Inc.s common stockholders IncomeLossFromContinuingOperations $182.00M USD 1 Quarter
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-5.00M USD 1 Quarter
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-3.00M USD 2 Qtrs
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.00M USD 1 Quarter
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $8.00M USD 2 Qtrs
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $330.00M USD 2 Qtrs
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $240.00M USD 1 Quarter
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $181.00M USD 1 Quarter
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $427.00M USD 2 Qtrs
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.48 USD 1 Quarter
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.83 USD 2 Qtrs
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.65 USD 2 Qtrs
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.36 USD 1 Quarter
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.65 USD 2 Qtrs
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.47 USD 1 Quarter
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.36 USD 1 Quarter
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.82 USD 2 Qtrs
Basic EarningsPerShareBasic $0.84 USD 2 Qtrs
Basic EarningsPerShareBasic $0.47 USD 1 Quarter
Basic EarningsPerShareBasic $0.65 USD 2 Qtrs
Basic EarningsPerShareBasic $0.36 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.83 USD 2 Qtrs
Diluted EarningsPerShareDiluted $0.47 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.64 USD 2 Qtrs
Diluted EarningsPerShareDiluted $0.35 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 507.00M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 509.00M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 508.60M shares 2 Qtrs
Basic WeightedAverageNumberOfSharesOutstandingBasic 506.50M shares 2 Qtrs
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 514.40M shares 2 Qtrs
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 515.00M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 514.20M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 515.80M shares 2 Qtrs
Cash Flow Statement 96 line items
Line Item Tag Value Unit Period
Discontinued operations exchange rate effect EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations $-1.00M USD 2 Qtrs
Discontinued operations exchange rate effect EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations - USD 2 Qtrs
Net income ProfitLoss $219.00M USD 1 Quarter
Net income ProfitLoss $398.00M USD 2 Qtrs
Net income ProfitLoss $435.00M USD 2 Qtrs
Net income ProfitLoss $240.00M USD 1 Quarter
Less (income) loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-3.00M USD 2 Qtrs
Less (income) loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-1.00M USD 1 Quarter
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 $-5.00M 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 $84.00M USD 2 Qtrs
Net investment (gains) losses GainLossOnInvestments $8.00M USD 1 Quarter
Net investment (gains) losses GainLossOnInvestments $70.00M USD 1 Quarter
Net investment (gains) losses GainLossOnInvestments $103.00M USD 2 Qtrs
Net investment (gains) losses GainLossOnInvestments $36.00M USD 2 Qtrs
Charges assessed to policyholders ChargesAssessedToPolicyholders $292.00M USD 2 Qtrs
Charges assessed to policyholders ChargesAssessedToPolicyholders $317.00M USD 2 Qtrs
Acquisition costs deferred IncreaseDecreaseInDeferredPolicyAcquisitionCosts $1.00M 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 $176.00M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $132.00M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $128.00M USD 2 Qtrs
Derivative instruments, limited partnerships and other IncreaseDecreaseInDerivativeInstrumentsAndLimitedPartnershipsandother $163.00M USD 2 Qtrs
Derivative instruments, limited partnerships and other IncreaseDecreaseInDerivativeInstrumentsAndLimitedPartnershipsandother $189.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $20.00M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $25.00M USD 2 Qtrs
Accrued investment income and other assets IncreaseDecreaseInOtherOperatingAssets $70.00M USD 2 Qtrs
Accrued investment income and other assets IncreaseDecreaseInOtherOperatingAssets $69.00M USD 2 Qtrs
Insurance reserves IncreaseDecreaseInInsuranceLiabilities $507.00M USD 2 Qtrs
Insurance reserves IncreaseDecreaseInInsuranceLiabilities $494.00M USD 2 Qtrs
Current tax liabilities IncreaseDecreaseInAccruedIncomeTaxesPayable - USD 2 Qtrs
Current tax liabilities IncreaseDecreaseInAccruedIncomeTaxesPayable $-4.00M USD 2 Qtrs
Other liabilities, policy and contract claims and other policy-related balances IncreaseDecreaseInOtherOperatingLiabilities $-60.00M USD 2 Qtrs
Other liabilities, policy and contract claims and other policy-related balances IncreaseDecreaseInOtherOperatingLiabilities $-205.00M USD 2 Qtrs
Cash used by operating activitiesdiscontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-31.00M USD 2 Qtrs
Cash used by operating activitiesdiscontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-192.00M USD 2 Qtrs
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $229.00M USD 2 Qtrs
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $337.00M USD 2 Qtrs
Fixed maturity securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $2.22B USD 2 Qtrs
Fixed maturity securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $1.50B USD 2 Qtrs
Commercial mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $314.00M USD 2 Qtrs
Commercial mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $392.00M USD 2 Qtrs
Limited partnerships and other invested assets ProceedsFromSaleAndMaturityOfOtherInvestments $107.00M USD 2 Qtrs
Limited partnerships and other invested assets ProceedsFromSaleAndMaturityOfOtherInvestments $99.00M USD 2 Qtrs
Fixed maturity and equity securities ProceedsFromSalesOfDebtAndEquitySecurities $1.30B USD 2 Qtrs
Fixed maturity and equity securities ProceedsFromSalesOfDebtAndEquitySecurities $1.31B USD 2 Qtrs
Fixed maturity and equity securities PaymentsToAcquireDebtAndEquitySecurities $2.87B USD 2 Qtrs
Fixed maturity and equity securities PaymentsToAcquireDebtAndEquitySecurities $1.80B USD 2 Qtrs
Commercial mortgage loans PaymentsToAcquireMortgageNotesReceivable $531.00M USD 2 Qtrs
Commercial mortgage loans PaymentsToAcquireMortgageNotesReceivable $568.00M USD 2 Qtrs
Limited partnerships and other invested assets PaymentsToAcquireOtherInvestments $297.00M USD 2 Qtrs
Limited partnerships and other invested assets PaymentsToAcquireOtherInvestments $240.00M USD 2 Qtrs
Short-term investments, net PaymentsForProceedsFromShortTermInvestments $76.00M USD 2 Qtrs
Short-term investments, net PaymentsForProceedsFromShortTermInvestments $24.00M USD 2 Qtrs
Policy loans, net PaymentsForProceedsFromPolicyLoans $-14.00M 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 $-67.00M USD 2 Qtrs
Cash used by investing activitiesdiscontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD 2 Qtrs
Net cash from investing activities NetCashProvidedByUsedInInvestingActivities $541.00M USD 2 Qtrs
Net cash from investing activities NetCashProvidedByUsedInInvestingActivities $535.00M USD 2 Qtrs
Deposits to universal life and investment contracts ProceedsFromAnnuitiesAndInvestmentCertificates $314.00M USD 2 Qtrs
Deposits to universal life and investment contracts ProceedsFromAnnuitiesAndInvestmentCertificates $349.00M USD 2 Qtrs
Withdrawals from universal life and investment contracts RepaymentsOfAnnuitiesAndInvestmentCertificates $779.00M USD 2 Qtrs
Withdrawals from universal life and investment contracts RepaymentsOfAnnuitiesAndInvestmentCertificates $1.14B USD 2 Qtrs
Repayment and repurchase of long-term debt RepaymentsOfLongTermDebt $484.00M USD 2 Qtrs
Repayment and repurchase of long-term debt RepaymentsOfLongTermDebt $130.00M USD 2 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest - USD 2 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $4.00M USD 2 Qtrs
Treasury stock acquired in connection with share repurchases PaymentsForRepurchaseOfCommonStock - USD 2 Qtrs
Treasury stock acquired in connection with share repurchases PaymentsForRepurchaseOfCommonStock $15.00M USD 2 Qtrs
Treasury stock acquired in connection with share repurchases PaymentsForRepurchaseOfCommonStock $15.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $65.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-105.00M USD 2 Qtrs
Net cash used by financing activities NetCashProvidedByUsedInFinancingActivities $-1.21B USD 2 Qtrs
Net cash used by financing activities NetCashProvidedByUsedInFinancingActivities $-719.00M USD 2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $ and $(1) related to discontinued operations) EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.00M USD 2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $ and $(1) related to discontinued operations) EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations - USD 2 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-442.00M USD 2 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $153.00M USD 2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.72B USD Point-in-time
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 $1.57B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.72B 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 $1.57B 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 - 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 $1.57B USD Point-in-time
Cash, cash equivalents and restricted cash of continuing operations at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.72B USD Point-in-time
Stockholders Equity 33 line items
Line Item Tag Value Unit Period
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.57B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.16B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.15B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.76B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.27B USD Point-in-time
Sale of business that included noncontrolling interests NoncontrollingInterestDecreaseFromDeconsolidation $657.00M USD 2 Qtrs
Net income ProfitLoss $240.00M USD 1 Quarter
Net income ProfitLoss $435.00M USD 2 Qtrs
Net income ProfitLoss $398.00M USD 2 Qtrs
Net income ProfitLoss $219.00M USD 1 Quarter
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $159.00M USD 1 Quarter
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-2.78B USD 1 Quarter
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-4.08B USD 2 Qtrs
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-444.00M USD 2 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.56B USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $399.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.68B USD 2 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-9.00M USD 2 Qtrs
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $15.00M USD 2 Qtrs
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $15.00M USD 1 Quarter
Dividends to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.00M USD 1 Quarter
Dividends to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.00M 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 $10.00M USD 2 Qtrs
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $2.00M USD 1 Quarter
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $1.00M USD 2 Qtrs
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.57B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.16B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.15B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.76B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.27B USD Point-in-time
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $219.00M USD 1 Quarter
Net income ProfitLoss $398.00M USD 2 Qtrs
Net income ProfitLoss $435.00M USD 2 Qtrs
Net income ProfitLoss $240.00M 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 without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $-2.43B USD 1 Quarter
Net unrealized gains (losses) on securities without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $-3.48B 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 with an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithAnAllowanceForCreditLosses - USD 1 Quarter
Net unrealized gains (losses) on securities with an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithAnAllowanceForCreditLosses - 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 $6.00M USD 2 Qtrs
Derivatives qualifying as hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-344.00M USD 1 Quarter
Derivatives qualifying as hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-208.00M USD 2 Qtrs
Derivatives qualifying as hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $211.00M USD 1 Quarter
Derivatives qualifying as hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-580.00M USD 2 Qtrs
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $138.00M USD 2 Qtrs
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-12.00M USD 2 Qtrs
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.00M USD 1 Quarter
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-7.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $159.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.78B USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-4.08B USD 2 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-444.00M USD 2 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $399.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.56B USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-9.00M USD 2 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.68B USD 2 Qtrs
Less: comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $155.00M USD 2 Qtrs
Less: comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Less: comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.00M USD 1 Quarter
Less: comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.00M USD 2 Qtrs
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $-2.57B USD 1 Quarter
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $-164.00M 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 $-3.68B USD 2 Qtrs

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

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