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10-Q Filing

GENWORTH FINANCIAL INC CIK: 1276520 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0001193125-22-276948
Period End Date 20220930
Filing Date 20221103
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance d409271d10q_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, respectively, and allowance for credit losses of $ as of September 30, 2022 and December 31, 2021) AvailableForSaleSecuritiesDebtSecurities $60.48B USD Point-in-time
Fixed maturity securities available-for-sale, at fair value (amortized cost of $51,248 and $52,611, respectively, and allowance for credit losses of $ as of September 30, 2022 and December 31, 2021) AvailableForSaleSecuritiesDebtSecurities $46.22B USD Point-in-time
Equity securities, at fair value EquitySecuritiesFvNiCurrentAndNoncurrent $274.00M 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 September 30, 2022 and December 31, 2021) NotesReceivableGross $7.09B USD Point-in-time
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of September 30, 2022 and December 31, 2021) NotesReceivableGross $6.86B USD Point-in-time
Less: Allowance for credit losses AllowanceForLoanAndLeaseLossesRealEstate $26.00M USD Point-in-time
Debt securities amortized costs AvailableForSaleDebtSecuritiesAmortizedCostBasis $51.25B USD Point-in-time
Less: Allowance for credit losses AllowanceForLoanAndLeaseLossesRealEstate $23.00M USD Point-in-time
Debt securities amortized costs AvailableForSaleDebtSecuritiesAmortizedCostBasis $52.61B USD Point-in-time
Commercial mortgage loans, net MortgageLoansOnRealEstateCommercialAndConsumerNet $7.06B 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
Commercial mortgage loans, net MortgageLoansOnRealEstateCommercialAndConsumerNet $6.83B 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 $2.15B USD Point-in-time
Limited partnerships LimitedPartnershipsInvestments $1.90B USD Point-in-time
Class A common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Limited partnerships LimitedPartnershipsInvestments $2.19B USD Point-in-time
Class A common stock, par value CommonStockParOrStatedValuePerShare $0.00 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
Other invested assets OtherInvestments $590.00M USD Point-in-time
Class A common stock, shares authorized CommonStockSharesAuthorized 1.50B shares Point-in-time
Total investments Investments $72.28B USD Point-in-time
Class A common stock, shares issued CommonStockSharesIssued 600.00M shares Point-in-time
Total investments Investments $58.49B USD Point-in-time
Class A common stock, shares issued CommonStockSharesIssued 596.00M shares Point-in-time
Class A common stock, shares outstanding CommonStockSharesOutstanding 503.00M shares Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.56B USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.94B USD Point-in-time
Class A common stock, shares outstanding CommonStockSharesOutstanding 508.00M shares Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.57B USD Point-in-time
Treasury stock, shares TreasuryStockShares 88.00M shares Point-in-time
Accrued investment income AccruedInvestmentIncomeReceivable $616.00M USD Point-in-time
Treasury stock, shares TreasuryStockShares 97.00M shares Point-in-time
Accrued investment income AccruedInvestmentIncomeReceivable $647.00M USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $2.25B USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $1.19B USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $1.15B USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $237.00M USD Point-in-time
Intangible assets IntangibleAssetsNetExcludingGoodwill $143.00M USD Point-in-time
Reinsurance recoverable ReinsuranceRecoverablesGross $16.62B USD Point-in-time
Reinsurance recoverable ReinsuranceRecoverablesGross $16.87B USD Point-in-time
Less: Allowance for credit losses ReinsuranceRecoverablesAllowance $55.00M USD Point-in-time
Less: Allowance for credit losses ReinsuranceRecoverablesAllowance $61.00M USD Point-in-time
Reinsurance recoverable, net ReinsuranceRecoverables $16.56B USD Point-in-time
Reinsurance recoverable, net ReinsuranceRecoverables $16.81B USD Point-in-time
Other assets OtherAssets $399.00M USD Point-in-time
Other assets OtherAssets $388.00M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $1.53B USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $119.00M USD Point-in-time
Separate account assets SeparateAccountAssets $6.07B USD Point-in-time
Separate account assets SeparateAccountAssets $4.30B USD Point-in-time
Total assets Assets $99.17B USD Point-in-time
Total assets Assets $85.94B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefits $41.53B USD Point-in-time
Future policy benefits LiabilityForFuturePolicyBenefits $38.09B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $17.59B USD Point-in-time
Policyholder account balances PolicyholderContractDeposits $19.35B USD Point-in-time
Liability for policy and contract claims LiabilityForClaimsAndClaimsAdjustmentExpense $11.74B USD Point-in-time
Liability for policy and contract claims LiabilityForClaimsAndClaimsAdjustmentExpense $11.84B USD Point-in-time
Liability for policy and contract claims LiabilityForClaimsAndClaimsAdjustmentExpense $11.49B USD Point-in-time
Liability for policy and contract claims LiabilityForClaimsAndClaimsAdjustmentExpense $12.00B USD Point-in-time
Unearned premiums UnearnedPremiums $672.00M USD Point-in-time
Unearned premiums UnearnedPremiums $597.00M USD Point-in-time
Other liabilities OtherLiabilities $1.68B USD Point-in-time
Other liabilities OtherLiabilities $1.51B USD Point-in-time
Long-term borrowings LongTermDebt $1.62B USD Point-in-time
Long-term borrowings LongTermDebt $1.90B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $6.07B USD Point-in-time
Separate account liabilities SeparateAccountsLiability $4.30B USD Point-in-time
Liabilities related to discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $6.00M USD Point-in-time
Liabilities related to discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $34.00M USD Point-in-time
Total liabilities Liabilities $75.89B USD Point-in-time
Total liabilities Liabilities $82.91B 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 September 30, 2022 and December 31, 2021, respectively; 503 million and 508 million shares outstanding as of September 30, 2022 and December 31, 2021, respectively 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 September 30, 2022 and December 31, 2021, respectively; 503 million and 508 million shares outstanding as of September 30, 2022 and December 31, 2021, respectively CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $11.87B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $11.86B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.86B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.42B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-145.00M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.77B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.80B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.83B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.49B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.92B USD Point-in-time
Treasury stock, at cost (97 million and 88 million shares as of September 30, 2022 and December 31, 2021, respectively) TreasuryStockValue $2.70B USD Point-in-time
Treasury stock, at cost (97 million and 88 million shares as of September 30, 2022 and December 31, 2021, respectively) TreasuryStockValue $2.73B USD Point-in-time
Total Genworth Financial, Inc.'s stockholders' equity StockholdersEquity $9.29B USD Point-in-time
Total Genworth Financial, Inc.'s stockholders' equity StockholdersEquity $15.51B USD Point-in-time
Noncontrolling interests MinorityInterest $756.00M USD Point-in-time
Noncontrolling interests MinorityInterest $758.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.05B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.27B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.57B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.05B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.16B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $99.17B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $85.94B USD Point-in-time
Income Statement 112 line items
Line Item Tag Value Unit Period
Premiums PremiumsEarnedNet $2.86B USD 3 Qtrs
Premiums PremiumsEarnedNet $934.00M USD 1 Quarter
Premiums PremiumsEarnedNet $2.79B USD 3 Qtrs
Premiums PremiumsEarnedNet $944.00M USD 1 Quarter
Net investment income NetInvestmentIncome $859.00M USD 1 Quarter
Net investment income NetInvestmentIncome $2.50B USD 3 Qtrs
Net investment income NetInvestmentIncome $808.00M USD 1 Quarter
Net investment income NetInvestmentIncome $2.36B USD 3 Qtrs
Net investment gains (losses) GainLossOnInvestments $-33.00M USD 3 Qtrs
Net investment gains (losses) GainLossOnInvestments $-69.00M USD 1 Quarter
Net investment gains (losses) GainLossOnInvestments $88.00M USD 1 Quarter
Net investment gains (losses) GainLossOnInvestments $191.00M USD 3 Qtrs
Policy fees and other income PolicyFeesAndOtherIncome $542.00M USD 3 Qtrs
Policy fees and other income PolicyFeesAndOtherIncome $179.00M USD 1 Quarter
Policy fees and other income PolicyFeesAndOtherIncome $494.00M USD 3 Qtrs
Policy fees and other income PolicyFeesAndOtherIncome $166.00M USD 1 Quarter
Total revenues Revenues $2.07B USD 1 Quarter
Total revenues Revenues $6.10B USD 3 Qtrs
Total revenues Revenues $1.84B USD 1 Quarter
Total revenues Revenues $5.61B USD 3 Qtrs
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $1.18B USD 1 Quarter
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $3.08B USD 3 Qtrs
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $1.14B USD 1 Quarter
Benefits and other changes in policy reserves PolicyholderBenefitsAndClaimsIncurredNet $3.52B USD 3 Qtrs
Interest credited InterestCreditedToPolicyholdersAccountBalances $378.00M USD 3 Qtrs
Interest credited InterestCreditedToPolicyholdersAccountBalances $128.00M USD 1 Quarter
Interest credited InterestCreditedToPolicyholdersAccountBalances $381.00M USD 3 Qtrs
Interest credited InterestCreditedToPolicyholdersAccountBalances $123.00M USD 1 Quarter
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $1.10B USD 3 Qtrs
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $240.00M USD 1 Quarter
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $869.00M USD 3 Qtrs
Acquisition and operating expenses, net of deferrals SellingGeneralAndAdministrativeExpense $290.00M USD 1 Quarter
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $269.00M USD 3 Qtrs
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $106.00M USD 1 Quarter
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $79.00M USD 1 Quarter
Amortization of deferred acquisition costs and intangibles AmortizationOfDeferredAcquisitionCostsAndIntangibles $255.00M USD 3 Qtrs
Interest expense InterestExpense $26.00M USD 1 Quarter
Interest expense InterestExpense $35.00M USD 1 Quarter
Interest expense InterestExpense $129.00M USD 3 Qtrs
Interest expense InterestExpense $78.00M USD 3 Qtrs
Total benefits and expenses BenefitsLossesAndExpenses $4.89B USD 3 Qtrs
Total benefits and expenses BenefitsLossesAndExpenses $1.70B USD 1 Quarter
Total benefits and expenses BenefitsLossesAndExpenses $5.17B USD 3 Qtrs
Total benefits and expenses BenefitsLossesAndExpenses $1.65B USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $926.00M USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $718.00M USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $373.00M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $186.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $201.00M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $52.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $183.00M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $67.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $725.00M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $134.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $535.00M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $306.00M USD 1 Quarter
Income from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $5.00M USD 1 Quarter
Income from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $28.00M USD 3 Qtrs
Income from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $2.00M USD 3 Qtrs
Income from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $12.00M USD 1 Quarter
Net income ProfitLoss $537.00M USD 3 Qtrs
Net income ProfitLoss $139.00M USD 1 Quarter
Net income ProfitLoss $753.00M USD 3 Qtrs
Net income ProfitLoss $318.00M USD 1 Quarter
Less: net income from continuing operations attributable to noncontrolling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $35.00M USD 1 Quarter
Less: net income from continuing operations attributable to noncontrolling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $103.00M USD 3 Qtrs
Less: net income from continuing operations attributable to noncontrolling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $4.00M USD 3 Qtrs
Less: net income from continuing operations attributable to noncontrolling interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $4.00M 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 3 Qtrs
Less: net income from discontinued operations attributable to noncontrolling interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest $8.00M USD 3 Qtrs
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $104.00M USD 1 Quarter
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $314.00M USD 1 Quarter
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $434.00M USD 3 Qtrs
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $741.00M USD 3 Qtrs
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromContinuingOperations $99.00M USD 1 Quarter
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromContinuingOperations $721.00M USD 3 Qtrs
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromContinuingOperations $432.00M USD 3 Qtrs
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromContinuingOperations $302.00M USD 1 Quarter
Income from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $12.00M USD 1 Quarter
Income from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $5.00M USD 1 Quarter
Income from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $2.00M USD 3 Qtrs
Income from discontinued operations available to Genworth Financial, Inc.'s common stockholders IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $20.00M USD 3 Qtrs
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $104.00M USD 1 Quarter
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $314.00M USD 1 Quarter
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $434.00M USD 3 Qtrs
Net income available to Genworth Financial, Inc.'s common stockholders NetIncomeLoss $741.00M USD 3 Qtrs
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.59 USD 1 Quarter
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.85 USD 3 Qtrs
Basic IncomeLossFromContinuingOperationsPerBasicShare $1.42 USD 3 Qtrs
Basic IncomeLossFromContinuingOperationsPerBasicShare $0.20 USD 1 Quarter
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.59 USD 1 Quarter
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $1.40 USD 3 Qtrs
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.19 USD 1 Quarter
Diluted IncomeLossFromContinuingOperationsPerDilutedShare $0.84 USD 3 Qtrs
Basic EarningsPerShareBasic $1.46 USD 3 Qtrs
Basic EarningsPerShareBasic $0.21 USD 1 Quarter
Basic EarningsPerShareBasic $0.62 USD 1 Quarter
Basic EarningsPerShareBasic $0.86 USD 3 Qtrs
Diluted EarningsPerShareDiluted $1.44 USD 3 Qtrs
Diluted EarningsPerShareDiluted $0.85 USD 3 Qtrs
Diluted EarningsPerShareDiluted $0.20 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.61 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 507.10M shares 3 Qtrs
Basic WeightedAverageNumberOfSharesOutstandingBasic 504.00M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 507.40M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 506.80M shares 3 Qtrs
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 509.40M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 513.70M shares 3 Qtrs
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 514.20M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 514.40M shares 3 Qtrs
Cash Flow Statement 97 line items
Line Item Tag Value Unit Period
Discontinued operations exchange rate effect EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations $1.00M USD 3 Qtrs
Discontinued operations exchange rate effect EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations - USD 3 Qtrs
Net income ProfitLoss $537.00M USD 3 Qtrs
Net income ProfitLoss $139.00M USD 1 Quarter
Net income ProfitLoss $753.00M USD 3 Qtrs
Net income ProfitLoss $318.00M USD 1 Quarter
Less income from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $5.00M USD 1 Quarter
Less income from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $28.00M USD 3 Qtrs
Less income from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $2.00M USD 3 Qtrs
Less income from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $12.00M USD 1 Quarter
Amortization of fixed maturity securities discounts and premiums AccretionAmortizationOfDiscountsAndPremiumsInvestments $127.00M USD 3 Qtrs
Amortization of fixed maturity securities discounts and premiums AccretionAmortizationOfDiscountsAndPremiumsInvestments $138.00M USD 3 Qtrs
Net investment (gains) losses GainLossOnInvestments $191.00M USD 3 Qtrs
Net investment (gains) losses GainLossOnInvestments $88.00M USD 1 Quarter
Net investment (gains) losses GainLossOnInvestments $-33.00M USD 3 Qtrs
Net investment (gains) losses GainLossOnInvestments $-69.00M USD 1 Quarter
Charges assessed to policyholders ChargesAssessedToPolicyholders $472.00M USD 3 Qtrs
Charges assessed to policyholders ChargesAssessedToPolicyholders $444.00M USD 3 Qtrs
Acquisition costs deferred IncreaseDecreaseInDeferredPolicyAcquisitionCosts - USD 3 Qtrs
Acquisition costs deferred IncreaseDecreaseInDeferredPolicyAcquisitionCosts $6.00M USD 3 Qtrs
Amortization of deferred acquisition costs and intangibles DepreciationAmortizationAndAccretionNet $255.00M USD 3 Qtrs
Amortization of deferred acquisition costs and intangibles DepreciationAmortizationAndAccretionNet $269.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $202.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $183.00M USD 3 Qtrs
Derivative instruments, limited partnerships and other IncreaseDecreaseInDerivativeInstrumentsAndLimitedPartnershipsandother $252.00M USD 3 Qtrs
Derivative instruments, limited partnerships and other IncreaseDecreaseInDerivativeInstrumentsAndLimitedPartnershipsandother $250.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $29.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $32.00M USD 3 Qtrs
Accrued investment income and other assets IncreaseDecreaseInOtherOperatingAssets $104.00M USD 3 Qtrs
Accrued investment income and other assets IncreaseDecreaseInOtherOperatingAssets $117.00M USD 3 Qtrs
Insurance reserves IncreaseDecreaseInInsuranceLiabilities $717.00M USD 3 Qtrs
Insurance reserves IncreaseDecreaseInInsuranceLiabilities $678.00M USD 3 Qtrs
Current tax liabilities IncreaseDecreaseInAccruedIncomeTaxesPayable $-4.00M USD 3 Qtrs
Current tax liabilities IncreaseDecreaseInAccruedIncomeTaxesPayable $-8.00M USD 3 Qtrs
Other liabilities, policy and contract claims and other policy-related balances IncreaseDecreaseInOtherOperatingLiabilities $-147.00M USD 3 Qtrs
Other liabilities, policy and contract claims and other policy-related balances IncreaseDecreaseInOtherOperatingLiabilities $56.00M USD 3 Qtrs
Cash used by operating activitiesdiscontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-31.00M USD 3 Qtrs
Cash used by operating activitiesdiscontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-488.00M USD 3 Qtrs
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $645.00M USD 3 Qtrs
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $290.00M USD 3 Qtrs
Fixed maturity securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $3.25B USD 3 Qtrs
Fixed maturity securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $2.15B USD 3 Qtrs
Commercial mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $601.00M USD 3 Qtrs
Commercial mortgage loans ProceedsFromSaleAndCollectionOfMortgageNotesReceivable $514.00M USD 3 Qtrs
Limited partnerships and other invested assets ProceedsFromSaleAndMaturityOfOtherInvestments $146.00M USD 3 Qtrs
Limited partnerships and other invested assets ProceedsFromSaleAndMaturityOfOtherInvestments $176.00M USD 3 Qtrs
Fixed maturity and equity securities ProceedsFromSalesOfDebtAndEquitySecurities $2.06B USD 3 Qtrs
Fixed maturity and equity securities ProceedsFromSalesOfDebtAndEquitySecurities $1.59B USD 3 Qtrs
Fixed maturity and equity securities PaymentsToAcquireDebtAndEquitySecurities $4.18B USD 3 Qtrs
Fixed maturity and equity securities PaymentsToAcquireDebtAndEquitySecurities $3.22B USD 3 Qtrs
Commercial mortgage loans PaymentsToAcquireMortgageNotesReceivable $743.00M USD 3 Qtrs
Commercial mortgage loans PaymentsToAcquireMortgageNotesReceivable $765.00M USD 3 Qtrs
Limited partnerships and other invested assets PaymentsToAcquireOtherInvestments $447.00M USD 3 Qtrs
Limited partnerships and other invested assets PaymentsToAcquireOtherInvestments $491.00M USD 3 Qtrs
Short-term investments, net PaymentsForProceedsFromShortTermInvestments $24.00M USD 3 Qtrs
Short-term investments, net PaymentsForProceedsFromShortTermInvestments $-24.00M USD 3 Qtrs
Policy loans, net PaymentsForProceedsFromPolicyLoans $-40.00M USD 3 Qtrs
Policy loans, net PaymentsForProceedsFromPolicyLoans $-31.00M USD 3 Qtrs
Proceeds from sale of business, net of cash transferred ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD 3 Qtrs
Proceeds from sale of business, net of cash transferred ProceedsFromDivestitureOfBusinessesNetOfCashDivested $270.00M USD 3 Qtrs
Cash used by investing activitiesdiscontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-67.00M USD 3 Qtrs
Cash used by investing activitiesdiscontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD 3 Qtrs
Net cash from investing activities NetCashProvidedByUsedInInvestingActivities $452.00M USD 3 Qtrs
Net cash from investing activities NetCashProvidedByUsedInInvestingActivities $469.00M USD 3 Qtrs
Deposits to universal life and investment contracts ProceedsFromAnnuitiesAndInvestmentCertificates $466.00M USD 3 Qtrs
Deposits to universal life and investment contracts ProceedsFromAnnuitiesAndInvestmentCertificates $511.00M USD 3 Qtrs
Withdrawals from universal life and investment contracts RepaymentsOfAnnuitiesAndInvestmentCertificates $1.19B USD 3 Qtrs
Withdrawals from universal life and investment contracts RepaymentsOfAnnuitiesAndInvestmentCertificates $1.58B USD 3 Qtrs
Repayment and repurchase of long-term debt RepaymentsOfLongTermDebt $1.00B USD 3 Qtrs
Repayment and repurchase of long-term debt RepaymentsOfLongTermDebt $284.00M USD 3 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest - USD 3 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $8.00M USD 3 Qtrs
Treasury stock acquired in connection with share repurchases PaymentsForRepurchaseOfCommonStock - USD 3 Qtrs
Treasury stock acquired in connection with share repurchases PaymentsForRepurchaseOfCommonStock $34.00M USD 3 Qtrs
Proceeds from sale of subsidiary shares to noncontrolling interests ProceedsFromMinorityShareholders $529.00M USD 3 Qtrs
Proceeds from sale of subsidiary shares to noncontrolling interests ProceedsFromMinorityShareholders - USD 3 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-57.00M USD 3 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $67.00M USD 3 Qtrs
Net cash used by financing activities NetCashProvidedByUsedInFinancingActivities $-1.11B USD 3 Qtrs
Net cash used by financing activities NetCashProvidedByUsedInFinancingActivities $-1.48B USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $ and $(1) related to discontinued operations for the nine months ended September 30, 2022 and 2021, respectively) EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations - USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $ and $(1) related to discontinued operations for the nine months ended September 30, 2022 and 2021, respectively) EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations - USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-719.00M USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-10.00M USD 3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.94B 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 beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.56B 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 end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.56B 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 $1.57B USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.94B 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 $1.94B USD Point-in-time
Cash, cash equivalents and restricted cash of continuing operations at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.56B USD Point-in-time
Cash, cash equivalents and restricted cash of continuing operations at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.57B USD Point-in-time
Stockholders Equity 35 line items
Line Item Tag Value Unit Period
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.05B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.27B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.57B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.05B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balances, beginning StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.16B USD Point-in-time
Initial sale of subsidiary shares to noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $576.00M USD 3 Qtrs
Initial sale of subsidiary shares to noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $576.00M USD 1 Quarter
Sale of business that included noncontrolling interests NoncontrollingInterestDecreaseFromDeconsolidation $657.00M USD 3 Qtrs
Net income ProfitLoss $318.00M USD 1 Quarter
Net income ProfitLoss $753.00M USD 3 Qtrs
Net income ProfitLoss $537.00M USD 3 Qtrs
Net income ProfitLoss $139.00M USD 1 Quarter
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-9.00M USD 1 Quarter
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-6.72B USD 3 Qtrs
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-2.65B USD 1 Quarter
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-453.00M USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $309.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $300.00M USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-6.18B USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.51B USD 1 Quarter
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $34.00M USD 3 Qtrs
Treasury stock acquired in connection with share repurchases TreasuryStockValueAcquiredCostMethod $19.00M USD 1 Quarter
Dividends to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $8.00M USD 3 Qtrs
Dividends to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.00M USD 1 Quarter
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $7.00M USD 1 Quarter
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $13.00M USD 3 Qtrs
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $8.00M USD 3 Qtrs
Stock-based compensation expense and exercises and other StockAwardsAndStockOptionsExercise $3.00M USD 1 Quarter
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.82B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.05B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.27B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.57B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.05B USD Point-in-time
Balances, ending StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.16B USD Point-in-time
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $537.00M USD 3 Qtrs
Net income ProfitLoss $139.00M USD 1 Quarter
Net income ProfitLoss $753.00M USD 3 Qtrs
Net income ProfitLoss $318.00M USD 1 Quarter
Net unrealized gains (losses) on securities without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $-2.51B USD 1 Quarter
Net unrealized gains (losses) on securities without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $-373.00M USD 3 Qtrs
Net unrealized gains (losses) on securities without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $-5.99B USD 3 Qtrs
Net unrealized gains (losses) on securities without an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithoutAnAllowanceForCreditLosses $7.00M 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 3 Qtrs
Net unrealized gains (losses) on securities with an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithAnAllowanceForCreditLosses $6.00M USD 3 Qtrs
Net unrealized gains (losses) on securities with an allowance for credit losses NetUnrealizedGainsLossesOnSecuritiesWithAnAllowanceForCreditLosses - USD 1 Quarter
Derivatives qualifying as hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-12.00M USD 1 Quarter
Derivatives qualifying as hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-715.00M USD 3 Qtrs
Derivatives qualifying as hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-135.00M USD 1 Quarter
Derivatives qualifying as hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-220.00M USD 3 Qtrs
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-12.00M USD 3 Qtrs
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax - USD 1 Quarter
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-4.00M USD 1 Quarter
Foreign currency translation and other adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $134.00M USD 3 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-9.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-6.72B USD 3 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.65B USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-453.00M USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $300.00M USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $309.00M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-6.18B USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.51B USD 1 Quarter
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.00M USD 3 Qtrs
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $158.00M USD 3 Qtrs
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.00M USD 1 Quarter
Less: comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $-2.52B USD 1 Quarter
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $-6.19B USD 3 Qtrs
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $142.00M USD 3 Qtrs
Total comprehensive income (loss) available to Genworth Financial, Inc.'s common stockholders ComprehensiveIncomeNetOfTax $306.00M USD 1 Quarter

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

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