Assets
Fixed maturity securities available-for-sale, at fair value (amortized cost of $48,684 and $48,720, respectively, and allowance for credit losses of $25 and $10, respectively)
45,672 45,668 44,902 47,342 45,233 46,065 46,781 43,968 46,070 47,381 46,583 46,215 49,286 55,027 60,480 61,274
Equity securities, at fair value
156
Investments:
Fixed maturity securities available-for-sale, at fair value
45,264 45,095 45,762 46,110 44,902
Equity securities, at fair value
564 544 555 546 516 496 515 458 435 427 396 363 378 364 319 274 243 230 198
Commercial mortgage loans
6,408 6,351 6,363 6,374 6,390 6,356 6,450 6,570 6,692 6,748 6,829 6,818 6,876 6,915 7,032 7,086 7,088 6,938 6,856 6,916
Less: Allowance for credit losses
(57) (58) (59) (59) (56) (36) (39) (38) (30) (29) (27) (25) (24) (24) (22) (23) (23) (25) (26) (30)
Commercial mortgage loans, net
6,351 6,293 6,304 6,315 6,334 6,320 6,411 6,532 6,662 6,719 6,802 6,793 6,852 6,891 7,010 7,063 7,065 6,913 6,830 6,886
Policy loans
2,385 2,301 2,297 2,311 2,366 2,316 2,310 2,316 2,359 2,219 2,220 2,233 2,270 2,133 2,139 2,153 2,178 2,028 2,050 2,067
Limited partnerships
3,538 3,528 3,484 3,473 3,337 3,241 3,142 3,100 2,968 2,949 2,821 2,699 2,585 2,456 2,331 2,195 2,123 2,007 1,900
Other invested assets
871 770 770 658 643 653 648 772 702 683 731 645 648 617 566 590 573 671 820 2,335
Total investments
58,973 58,531 59,172 59,413 58,868 58,694 57,928 60,520 58,359 59,062 59,751 56,701 58,803 59,842 58,948 58,490 61,468 66,876 72,278 72,718
Cash, cash equivalents and restricted cash
1,986 2,120 2,036 2,036 1,797 1,891 2,048 2,057 1,932 1,952 2,215 1,993 2,173 1,752 1,799 1,561 1,724 1,291 1,571 1,937
Accrued investment income
555 633 603 589 556 639 607 592 549 707 647 620 553 700 643 616 553 696 647 626
Deferred acquisition costs
1,497 1,540 1,586 1,632 1,680 1,729 1,779 1,831 1,884 1,934 1,988 2,042 2,096 2,150 2,211 2,247 2,314 1,310 2,488 1,193
Intangible assets
184 185 193 197 197 197 197 198 199 201 203 203 237 236 159 143 147
Intangible assets and goodwill
201 199 198 197
Reinsurance recoverable
17,412 17,394 17,860 17,935 17,662 17,744 17,616 18,626 17,739 18,315 19,054 17,623 19,113 19,606 19,059 16,619 16,691 16,821 16,868 16,722
Reinsurance recoverable, net
17,391 17,373 17,837 17,912 17,639 17,719 17,592 18,599 17,713 18,288 19,025 17,595 19,049 19,542 18,996 16,558 16,631 16,764 16,813 16,671
Other assets
474 468 418 421 479 489 444 443 518 516 489 453 445 478 488 399 412 440 388 396
Deferred tax asset
1,811 1,761 1,800 1,788 1,680 1,663 1,731 1,846 1,784 1,839 1,952 1,580 1,954 2,004 1,983 1,533 1,047 421 119 209
Market risk benefit assets
79 55 64 62 58 47 57 52 54 52 43 39 37 28 26
Separate account assets
4,396 4,093 4,369 4,449 4,394 4,192 4,438 4,623 4,553 4,645 4,509 4,244 4,533 4,479 4,417 4,298 4,683 5,530 6,066 5,978
Assets related to discontinued operations
0 0
Total assets
87,363 86,773 88,083 88,486 87,336 87,256 86,821 90,760 87,543 89,192 90,817 85,466 89,844 91,178 89,714 85,939 89,068 93,487 99,171 99,875
Show 1 line no longer reported
Hide 1 line no longer reported
Liabilities and equity
Liabilities:
Future policy benefits
54,508 54,082 55,228 55,364 54,111 54,158 53,610 57,303 53,774 55,545 57,655 51,740 56,443 57,558 55,407 38,095 38,133 38,897 41,528 41,794
Policyholder account balances
13,895 13,871 13,843 14,039 14,163 14,447 14,594 14,864 15,047 15,315 15,540 15,590 15,922 16,202 16,564 17,589 17,907 18,197 19,354 19,607
Market risk benefit liabilities
366 423 413 429 453 516 465 532 500 528 625 579 666 761 748
Liability for policy and contract claims
757 743 727 710 763 698 670 655 649 673 652 631 628 665 683 669 733 809 819 11,743
Unearned premiums
81 85 92 96 101 108 115 121 130 139 149 162 175 189 203 597 614 639 672 685
Other liabilities
2,095 2,126 2,131 2,056 2,052 1,933 2,026 1,859 1,973 1,889 1,768 2,038 1,607 1,492 1,687 1,679 1,468 1,416 1,511 1,568
Long-term borrowings
1,500 1,509 1,513 1,520 1,520 1,519 1,518 1,548 1,564 1,579 1,584 1,602 1,601 1,600 1,611 1,622 1,773 1,819 1,899 2,412
Separate account liabilities
4,396 4,093 4,369 4,449 4,394 4,192 4,438 4,623 4,553 4,645 4,509 4,244 4,533 4,479 4,417 4,298 4,683 5,530 6,066 5,978
Liabilities related to discontinued operations
0 2 0 4 4 0 2 2 7 8 6 4 4 34 36
Total liabilities
77,598 76,932 78,316 78,665 77,557 77,575 77,440 81,505 78,190 80,313 82,482 76,588 81,577 82,953 81,328 75,890 76,497 78,335 82,905 83,823
Equity:
Common stock
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Additional paid-in capital
11,885 11,873 11,888 11,879 11,871 11,862 11,875 11,868 11,880 11,873 11,884 11,877 11,869 11,863 11,869 11,865 11,859 11,857 11,858 11,850
Accumulated other comprehensive income (loss)
(1,307) (1,224) (1,324) (1,395) (1,372) (1,421) (1,643) (1,871) (1,687) (2,094) (2,555) (2,220) (2,861) (2,853) (2,614) (2,632) (3,288) (4,549) (5,855) 3,800
Retained earnings
1,777 1,731 1,684 1,731 1,615 1,565 1,462 1,512 1,428 1,352 1,213 1,426 1,398 1,259 1,139 2,924 2,820 2,639 2,490 2,325
Treasury stock, at cost
(3,628) (3,566) (3,499) (3,404) (3,327) (3,297) (3,251) (3,199) (3,163) (3,126) (3,063) (3,028) (2,947) (2,833) (2,764) (2,734) (2,715) (2,700) (2,700) (2,700)
Total Genworth Financial, Inc.’s stockholders’ equity
8,728 8,815 8,750 8,812 8,788 8,710 8,444 8,311 8,459 8,006 7,480 8,056 7,460 7,432 7,631 9,291 11,820 14,407 15,510 15,276
Noncontrolling interests
1,037 1,026 1,017 1,009 991 971 937 944 894 873 855 822 807 793 755 758 751 745 756 776
Total equity
9,765 9,841 9,767 9,821 9,729 9,631 9,381 9,255 9,353 8,879 8,285 8,878 8,267 8,232 8,336 8,018 7,232 5,819 4,285 16,052
Total liabilities and equity
87,363 86,773 88,083 88,486 87,336 87,256 86,821 90,760 87,543 89,192 90,817 85,466 89,844 91,178 89,714 85,939 89,068 93,487 99,171 99,875
