2021 Q2 Form 10-Q Financial Statement

#000140491221000019 Filed on May 10, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2021 Q1 2020 Q1
Revenue $3.136B $4.563B -$1.002B
YoY Change 135.45% -555.61% -184.34%
Cost Of Revenue $411.2M $1.485B $35.40M
YoY Change 575.2% 4095.81% -65.8%
Gross Profit $2.725B $3.078B -$1.002B
YoY Change 104.58% -407.31% -184.34%
Gross Profit Margin 86.89% 67.45%
Selling, General & Admin $1.477B $1.558B -$101.5M
YoY Change 96.32% -1634.88% -114.02%
% of Gross Profit 54.2% 50.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.30M -$798.0K $4.800M
YoY Change 135.42% -116.63% -2.04%
% of Gross Profit 0.41% -0.03%
Operating Expenses $1.488B $1.569B -$96.70M
YoY Change 96.59% -1722.44% -113.27%
Operating Profit $1.237B $1.509B -$904.8M
YoY Change 115.09% -266.75% -297.21%
Interest Expense $265.1M $251.8M $261.5M
YoY Change 10.41% -3.71% 4.97%
% of Operating Profit 21.43% 16.69%
Other Income/Expense, Net
YoY Change
Pretax Income $4.607B $4.354B -$4.589B
YoY Change 113.52% -194.89% -355.69%
Income Tax $343.7M $438.7M -$360.7M
% Of Pretax Income 7.46% 10.08%
Net Earnings $1.315B $1.670B -$1.281B
YoY Change 86.04% -230.4% -280.53%
Net Earnings / Revenue 41.94% 36.6%
Basic Earnings Per Share
Diluted Earnings Per Share $2.086M $2.689M -$2.290M
COMMON SHARES
Basic Shares Outstanding 581.8M shares 576.6M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q2 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.66B $10.50B $3.154B
YoY Change 223.5% 232.88% 15.96%
Cash & Equivalents $12.02B $10.98B $1.982B
Short-Term Investments
Other Short-Term Assets $21.55M $25.00M $18.00M
YoY Change 13.42% 38.89% -33.33%
Inventory
Prepaid Expenses
Receivables $237.3M $199.0M $191.0M
Other Receivables $284.6M $193.0M $98.00M
Total Short-Term Assets $12.21B $10.92B $3.461B
YoY Change 192.0% 215.4% -1.9%
LONG-TERM ASSETS
Property, Plant & Equipment $1.189B $1.135B $670.6M
YoY Change 71.41% 69.24% 43.83%
Goodwill $83.50M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $1.200B $1.400B $49.45B
YoY Change -97.83% -97.17% 6.29%
Other Assets $466.4M $585.0M $713.0M
YoY Change -19.46% -17.95% 45.81%
Total Long-Term Assets $217.0B $205.5B $52.14B
YoY Change 274.64% 294.19% 7.56%
TOTAL ASSETS
Total Short-Term Assets $12.21B $10.92B $3.461B
Total Long-Term Assets $217.0B $205.5B $52.14B
Total Assets $229.2B $216.4B $55.60B
YoY Change 269.08% 289.28% 6.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.184B $2.815B $773.0M
YoY Change 226.55% 264.17% -29.02%
Accrued Expenses $4.605B $811.0M $535.0M
YoY Change 679.14% 51.59% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $292.1M $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.05B $17.48B $1.586B
YoY Change 956.71% 1002.33% 66.42%
LONG-TERM LIABILITIES
Long-Term Debt $37.75B $36.07B $26.27B
YoY Change 31.65% 37.33% 17.98%
Other Long-Term Liabilities $114.8B $111.4B $984.0M
YoY Change 5771.2% 11220.43% -30.9%
Total Long-Term Liabilities $152.5B $147.5B $27.25B
YoY Change 397.96% 441.17% 15.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.05B $17.48B $1.586B
Total Long-Term Liabilities $152.5B $147.5B $27.25B
Total Liabilities $176.7B $170.1B $29.01B
YoY Change 440.22% 486.47% 12.46%
SHAREHOLDERS EQUITY
Retained Earnings $6.201B $5.007B $433.5M
YoY Change 486.67% 1054.95% -40.31%
Common Stock $5.830M $5.783M
YoY Change 4.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $16.07B $14.68B $9.326B
YoY Change
Total Liabilities & Shareholders Equity $229.2B $216.4B $55.60B
YoY Change 269.08% 289.28% 6.92%

Cashflow Statement

Concept 2021 Q2 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $1.315B $1.670B -$1.281B
YoY Change 86.04% -230.4% -280.53%
Depreciation, Depletion And Amortization $11.30M -$798.0K $4.800M
YoY Change 135.42% -116.63% -2.04%
Cash From Operating Activities -$1.234B -$73.17M -$1.406B
YoY Change -7.31% -94.8% -999.94%
INVESTING ACTIVITIES
Capital Expenditures -$21.87M -$27.70M -$41.40M
YoY Change -17.8% -33.09% -312.8%
Acquisitions $415.6M $0.00
YoY Change
Other Investing Activities -$2.151B -$111.8M $0.00
YoY Change 61348.6% -100.0%
Cash From Investing Activities -$2.173B -$376.0M -$45.44M
YoY Change 7093.93% 727.47% 128.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $32.90M $246.2M
YoY Change -86.63% 761.72%
Debt Paid & Issued, Net $3.552B $2.544B
YoY Change 39.65% 40.83%
Cash From Financing Activities 4.436B $4.459B $1.510B
YoY Change 144.94% 195.26% 20736.33%
NET CHANGE
Cash From Operating Activities -1.234B -$73.17M -$1.406B
Cash From Investing Activities -2.173B -$376.0M -$45.44M
Cash From Financing Activities 4.436B $4.459B $1.510B
Net Change In Cash 1.029B $3.984B $32.63M
YoY Change 129.07% 12111.41% -77.54%
FREE CASH FLOW
Cash From Operating Activities -$1.234B -$73.17M -$1.406B
Capital Expenditures -$21.87M -$27.70M -$41.40M
Free Cash Flow -$1.212B -$45.47M -$1.365B
YoY Change -7.1% -96.67% -1097.64%

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PaymentsToNoncontrollingInterestConsolidatedEntities
1027834000 USD
CY2020Q1 kkr Payments To Noncontrolling Interest Consolidated Entities
PaymentsToNoncontrollingInterestConsolidatedEntities
524656000 USD
CY2021Q1 kkr Proceeds From Noncontrolling Interest Consolidated Entities
ProceedsFromNoncontrollingInterestConsolidatedEntities
3164049000 USD
CY2020Q1 kkr Proceeds From Noncontrolling Interest Consolidated Entities
ProceedsFromNoncontrollingInterestConsolidatedEntities
1120966000 USD
CY2021Q1 kkr Paymentsfor Net Deliveryof Common Stock
PaymentsforNetDeliveryofCommonStock
55873000 USD
CY2020Q1 kkr Paymentsfor Net Deliveryof Common Stock
PaymentsforNetDeliveryofCommonStock
0 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
71366000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
246160000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
38463000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
5109790000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3792041000 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3552362000 USD
CY2020Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2543694000 USD
CY2021Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
921000 USD
CY2020Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
10198000 USD
CY2021Q1 us-gaap Additions To Contract Holders Funds
AdditionsToContractHoldersFunds
2433498000 USD
CY2020Q1 us-gaap Additions To Contract Holders Funds
AdditionsToContractHoldersFunds
0 USD
CY2021Q1 us-gaap Withdrawal From Contract Holders Funds
WithdrawalFromContractHoldersFunds
1475176000 USD
CY2020Q1 us-gaap Withdrawal From Contract Holders Funds
WithdrawalFromContractHoldersFunds
0 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
269000 USD
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4459142000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1510217000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-25722000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-25740000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3984218000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
32627000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6993457000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3237416000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10977675000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3270043000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6993457000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3237416000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10977675000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3270043000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
289420000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
288916000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11044000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
24836000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
9846000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
13243000 USD
CY2021Q1 kkr Noncash Contributions For Equity Based Payments
NoncashContributionsForEquityBasedPayments
82517000 USD
CY2020Q1 kkr Noncash Contributions For Equity Based Payments
NoncashContributionsForEquityBasedPayments
71699000 USD
CY2021Q1 kkr Noncash Contributionsfrom Noncontrolling Interests
NoncashContributionsfromNoncontrollingInterests
845943000 USD
CY2020Q1 kkr Noncash Contributionsfrom Noncontrolling Interests
NoncashContributionsfromNoncontrollingInterests
0 USD
CY2021Q1 kkr Foreign Exchange On Debt Obligations Gain Loss Unrealized
ForeignExchangeOnDebtObligationsGainLossUnrealized
235821000 USD
CY2020Q1 kkr Foreign Exchange On Debt Obligations Gain Loss Unrealized
ForeignExchangeOnDebtObligationsGainLossUnrealized
1989846000 USD
CY2021Q1 kkr Net Deferred Tax Effects Resulting From Exchange Of Units
NetDeferredTaxEffectsResultingFromExchangeOfUnits
4627000 USD
CY2020Q1 kkr Net Deferred Tax Effects Resulting From Exchange Of Units
NetDeferredTaxEffectsResultingFromExchangeOfUnits
-1426000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
31003000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2700000 USD
CY2021Q1 kkr Investments Acquired Through Reinsurance Agreements
InvestmentsAcquiredThroughReinsuranceAgreements
368328000 USD
CY2020Q1 kkr Investments Acquired Through Reinsurance Agreements
InvestmentsAcquiredThroughReinsuranceAgreements
0 USD
CY2021Q1 kkr Policyholder Liabilities And Accruals Acquired Through Reinsurance Agreements
PolicyholderLiabilitiesAndAccrualsAcquiredThroughReinsuranceAgreements
1112370000 USD
CY2020Q1 kkr Policyholder Liabilities And Accruals Acquired Through Reinsurance Agreements
PolicyholderLiabilitiesAndAccrualsAcquiredThroughReinsuranceAgreements
0 USD
CY2021Q1 kkr Contractholder Deposit Funds Acquired Through Reinsurance Agreements
ContractholderDepositFundsAcquiredThroughReinsuranceAgreements
6988000 USD
CY2020Q1 kkr Contractholder Deposit Funds Acquired Through Reinsurance Agreements
ContractholderDepositFundsAcquiredThroughReinsuranceAgreements
0 USD
CY2021Q1 kkr Noncashor Part Noncash Divestiture Investments
NoncashorPartNoncashDivestitureInvestments
-49403000 USD
CY2020Q1 kkr Noncashor Part Noncash Divestiture Investments
NoncashorPartNoncashDivestitureInvestments
0 USD
CY2021Q1 kkr Noncashor Part Noncash Divestiture Other Assets
NoncashorPartNoncashDivestitureOtherAssets
-32689000 USD
CY2020Q1 kkr Noncashor Part Noncash Divestiture Other Assets
NoncashorPartNoncashDivestitureOtherAssets
0 USD
CY2021Q1 kkr Noncash Or Part Noncash Divestiture Debt Obligations
NoncashOrPartNoncashDivestitureDebtObligations
-26165000 USD
CY2020Q1 kkr Noncash Or Part Noncash Divestiture Debt Obligations
NoncashOrPartNoncashDivestitureDebtObligations
0 USD
CY2021Q1 kkr Noncash Or Part Noncash Divestiture Due To Affiliates
NoncashOrPartNoncashDivestitureDueToAffiliates
-238000 USD
CY2020Q1 kkr Noncash Or Part Noncash Divestiture Due To Affiliates
NoncashOrPartNoncashDivestitureDueToAffiliates
0 USD
CY2021Q1 kkr Noncash Or Part Noncash Divestiture Accrued Expenses And Other Liabilities
NoncashOrPartNoncashDivestitureAccruedExpensesAndOtherLiabilities
-10350000 USD
CY2020Q1 kkr Noncash Or Part Noncash Divestiture Accrued Expenses And Other Liabilities
NoncashOrPartNoncashDivestitureAccruedExpensesAndOtherLiabilities
0 USD
CY2021Q1 kkr Number Of Valuation Methodologies Used To Determine Fair Value Of Investments
NumberOfValuationMethodologiesUsedToDetermineFairValueOfInvestments
2 methodology
CY2021Q1 kkr Number Of Valuation Methodologies Used To Determine Fair Value Of Investments
NumberOfValuationMethodologiesUsedToDetermineFairValueOfInvestments
2 methodology
CY2021Q1 kkr Noncashor Part Noncash Divestiture Noncontrolling Interests
NoncashorPartNoncashDivestitureNoncontrollingInterests
-66488000 USD
CY2020Q1 kkr Noncashor Part Noncash Divestiture Noncontrolling Interests
NoncashorPartNoncashDivestitureNoncontrollingInterests
0 USD
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates </span></div><div style="margin-bottom:12pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues, expenses, and investment income (loss) during the reporting periods. Such estimates include but are not limited to (i) the valuation of investments and financial instruments, (ii) the determination of the income tax provision, (iii) the impairment of goodwill and intangible assets, (iv) the impairment of available-for-sale investments, (v) the valuation of insurance policy liabilities, (vi) the valuation of embedded derivatives, (vii) the determination of the allowance for loan losses, and (viii) amortization of deferred revenues and expenses associated with the insurance business. Actual results could differ from those estimates, and such differences could be material to the financial statements.</span></div>
CY2021Q1 kkr Minimum Range Percentage Of Incentive Fee
MinimumRangePercentageOfIncentiveFee
0.05
CY2021Q1 kkr Maximum Range Percentage Of Incentive Fee
MaximumRangePercentageOfIncentiveFee
0.20
CY2021Q1 kkr Incentive Fee Payment Period
IncentiveFeePaymentPeriod
P90D
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Mortgage and other loan receivables</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Global Atlantic updates its estimate of the expected credit losses on its investments in mortgage and other loan receivables each quarter. For loans that share similar risk characteristics, expected credit losses are measured on a pool basis.</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For commercial mortgage loans, the current expected credit losses are estimated using a model that evaluates the probability that each loan will default and estimates the amount of loss given the occurrence of such a default over the life of each loan in the portfolio. The model incorporates historical and current data on the relevant property market and projects potential future paths for each loan’s collateral, considering both the net income to be generated by the collateral real estate and its market value. The model considers how macroeconomic forecasts (such as gross domestic product, unemployment, and interest rates) influence commercial real estate market factors (including vacancy rates, rental and income growth rates, property value changes), and in turn how commercial real estate market conditions, in combination with loan specific information (including debt service coverage and loan to value), drive commercial mortgage loan credit risk.</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For residential mortgage loans and consumer loans, the current expected credit losses are primarily estimated using a discounted cash flow model. The model considers loan-specific information as well as current, historical and forecasted data relevant to the respective loans, including home prices, interest rates and unemployment. Expected cash flows are projected for each loan and are discounted using the effective interest rate of the respective loan. Any shortfalls between the discounted cash flows and the amortized cost of each individual loan are aggregated to determine the total allowances on the residential mortgage loan and consumer loan portfolios. For certain residential mortgage loans secured by single-family rental properties, current expected credit losses are determined using a model consistent with that described above for commercial mortgage loans.</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">With regard to the use of forecasts in the determination of Global Atlantic’s current expected credit losses, the reversion of forecasts to historical data is based on reversion dynamics that depend on the specific variable and its interaction with the other parameters of the respective model; however, the forecasts generally tend to revert to a long-term equilibrium trend within two to three years from the forecast start date.</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the investment in other loan receivables, a variety of methodologies are used to estimate the respective current expected credit losses. These methodologies consider the terms specific to each loan, including the value of any collateral, and evaluate the risk of loss over the life of these loans.</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Global Atlantic also assesses and measures an allowance for credit losses arising from off-balance sheet commitments, including loan commitments, that are not unconditionally cancellable by Global Atlantic. This allowance for credit losses for off-</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">balance sheet commitments is determined using methods consistent with those used for the associated mortgage and other loan receivable class, as described above, and is recognized in other liabilities in the consolidated statements of financial condition, since there is no funded asset for the committed amount.</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">When all or a portion of a loan is deemed uncollectible, the uncollectible portion of the carrying amount of the loan is charged off against the allowance. If Global Atlantic recovers all or a portion of an amount previously written off on a credit impaired loan, the recovery is recognized as a realized investment gain.</span></div>
CY2021Q1 kkr Fixed Rate Annuity Long Term Care Benefit Rider Payout Period
FixedRateAnnuityLongTermCareBenefitRiderPayoutPeriod
P6Y
CY2021Q1 kkr Derivative Instrument Measurement Input Number Of Risk Neutral Scenarios
DerivativeInstrumentMeasurementInputNumberOfRiskNeutralScenarios
1000 scenario
CY2021Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
584381000 USD
CY2021Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
2111819000 USD
CY2021Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
2696200000 USD
CY2020Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
63375000 USD
CY2020Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-4007879000 USD
CY2020Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-3944504000 USD
CY2021Q1 us-gaap Gross Investment Income Operating
GrossInvestmentIncomeOperating
502739000 USD
CY2021Q1 us-gaap Net Investment Income
NetInvestmentIncome
444781000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
120895000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
27423000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
222000 USD
CY2021Q1 kkr Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Accretion
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationAccretion
321000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
-2537000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
-6072000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
140252000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
120259000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
183641000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
303900000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1903120000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
4776000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
-50972000 USD
CY2021Q1 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
174427275000 USD
CY2020Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
69274715000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
62239417000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
140252000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
170491000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2006541000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
60263115000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
322548000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
321244000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
6647278000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
6595710000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
9883484000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
9636001000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
24847123000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
23318076000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
41700433000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
39871031000 USD
CY2021Q1 kkr Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss
62099165000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
60263115000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Amount At Purchase Price
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationAmountAtPurchasePrice
1591176000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
121117000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationDiscountPremium
277480000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Amount At Par Value
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationAmountAtParValue
1989773000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
47132666000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2006541000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
47132666000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
2006541000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
4499 security
CY2021Q1 kkr Financing Receivable Before Allowance For Credit Loss Maturity Remainder Of Fiscal Year
FinancingReceivableBeforeAllowanceForCreditLossMaturityRemainderOfFiscalYear
886245000 USD
CY2021Q1 kkr Financing Receivable Before Allowance For Credit Loss Maturity Year One
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearOne
1177435000 USD
CY2021Q1 kkr Financing Receivable Before Allowance For Credit Loss Maturity Year Two
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearTwo
1436594000 USD
CY2021Q1 kkr Financing Receivable Before Allowance For Credit Loss Maturity Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearThree
1347003000 USD
CY2021Q1 kkr Financing Receivable Before Allowance For Credit Loss Maturity Year Four
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearFour
390243000 USD
CY2021Q1 kkr Financing Receivable Before Allowance For Credit Loss Maturity Year Five
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearFive
1298019000 USD
CY2021Q1 kkr Financing Receivable Before Allowance For Credit Loss Maturity After Year Five
FinancingReceivableBeforeAllowanceForCreditLossMaturityAfterYearFive
6127994000 USD
CY2021Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
12663533000 USD
CY2021Q1 kkr Financing Receivable90 Days Or More Past Due Still Accruing And Nonaccrual
FinancingReceivable90DaysOrMorePastDueStillAccruingAndNonaccrual
241300000 USD
CY2021Q1 kkr Financing Receivable120 Days Or More Past Due Still Accruing And Nonaccrual
FinancingReceivable120DaysOrMorePastDueStillAccruingAndNonaccrual
6700000 USD
CY2021Q1 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Purchase Price
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtPurchasePrice
3694867000 USD
CY2021Q1 us-gaap Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
120259000 USD
CY2021Q1 us-gaap Financing Receivable Purchased With Credit Deterioration Discount Premium
FinancingReceivablePurchasedWithCreditDeteriorationDiscountPremium
-146694000 USD
CY2021Q1 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Par Value
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtParValue
3668432000 USD
CY2021Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
502158000 USD
CY2021Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
2508049000 USD
CY2021Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
2890326000 USD
CY2021Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
1904395000 USD
CY2021Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
884788000 USD
CY2021Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
3973817000 USD
CY2021Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
12663533000 USD
CY2021Q1 us-gaap Other Investments
OtherInvestments
6530279000 USD
CY2021Q1 us-gaap Equity Method Investments
EquityMethodInvestments
1400000000 USD
CY2021Q1 us-gaap Variable Interest Entity Primary Beneficiary Maximum Loss Exposure Amount
VariableInterestEntityPrimaryBeneficiaryMaximumLossExposureAmount
26100000 USD
CY2021Q1 kkr Funding Agreement Backed Note Outstanding
FundingAgreementBackedNoteOutstanding
650000000 USD
CY2021Q1 kkr Funding Agreement Backed Note Remaining Capacity
FundingAgreementBackedNoteRemainingCapacity
9350000000 USD
CY2021Q1 kkr Securities Sold Under Agreements To Repurchase Notional Value
SecuritiesSoldUnderAgreementsToRepurchaseNotionalValue
300700000 USD
CY2021Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
316700000 USD
CY2021Q1 kkr Securities Sold Under Agreements To Repurchase Amortized Cost
SecuritiesSoldUnderAgreementsToRepurchaseAmortizedCost
319200000 USD
CY2021Q1 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
The gross obligations by class of collateral pledged for repurchase agreements accounted for as secured borrowings as of March 31, 2021 is presented in the following table:<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:25.800%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.798%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">As of March 31, 2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Overnight</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">&lt;30 Days</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">30 - 90 Days</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">&gt; 90 Days</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Total</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Corporate Securities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159,343 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157,316 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">316,659 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;text-indent:6.75pt;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Total borrowing</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#002a42;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#002a42;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159,343 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#002a42;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#002a42;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157,316 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#002a42;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#002a42;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">316,659 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table>
CY2021Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
316659000 USD
CY2021Q1 kkr Derivative Instrument Restricted Cash Held With Open Transactions
DerivativeInstrumentRestrictedCashHeldWithOpenTransactions
249600000 USD
CY2021Q1 kkr Derivative Asset Including Embedded Derivatives
DerivativeAssetIncludingEmbeddedDerivatives
1247225000 USD
CY2021Q1 kkr Derivative Liability Including Embedded Derivatives
DerivativeLiabilityIncludingEmbeddedDerivatives
1932807000 USD
CY2020Q4 kkr Derivative Asset Including Embedded Derivatives
DerivativeAssetIncludingEmbeddedDerivatives
258237000 USD
CY2020Q4 kkr Derivative Liability Including Embedded Derivatives
DerivativeLiabilityIncludingEmbeddedDerivatives
678678000 USD
CY2021Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
804042000 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
139090000 USD
CY2021Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
202791000 USD
CY2021Q1 kkr Fair Value Option Assets
FairValueOptionAssets
30187906000 USD
CY2020Q4 kkr Fair Value Option Assets
FairValueOptionAssets
25552357000 USD
CY2020Q1 kkr Fair Value Option Assets Changesin Fair Value Realizedand Unrealized Gain Loss
FairValueOptionAssetsChangesinFairValueRealizedandUnrealizedGainLoss
-2838023000 USD
CY2021Q1 kkr Fair Value Option Liabilities
FairValueOptionLiabilities
20573375000 USD
CY2020Q4 kkr Fair Value Option Liabilities
FairValueOptionLiabilities
17372740000 USD
CY2021Q1 kkr Fair Value Option Assets Changesin Fair Value Gain Loss
FairValueOptionAssetsChangesinFairValueGainLoss
-12236000 USD
CY2021Q1 kkr Fair Value Option Assets Changesin Fair Value Net Changein Unrealized Gain Loss
FairValueOptionAssetsChangesinFairValueNetChangeinUnrealizedGainLoss
357637000 USD
CY2021Q1 kkr Fair Value Option Assets Changesin Fair Value Realizedand Unrealized Gain Loss
FairValueOptionAssetsChangesinFairValueRealizedandUnrealizedGainLoss
345401000 USD
CY2020Q1 kkr Fair Value Option Assets Changesin Fair Value Gain Loss
FairValueOptionAssetsChangesinFairValueGainLoss
-72641000 USD
CY2020Q1 kkr Fair Value Option Assets Changesin Fair Value Net Changein Unrealized Gain Loss
FairValueOptionAssetsChangesinFairValueNetChangeinUnrealizedGainLoss
-2765382000 USD
CY2021Q1 kkr Fair Value Option Liabilities Changesin Fair Value Gain Loss
FairValueOptionLiabilitiesChangesinFairValueGainLoss
-2048000 USD
CY2021Q1 kkr Fair Value Option Liabilities Changesin Fair Value Net Changein Unrealized Gain Loss
FairValueOptionLiabilitiesChangesinFairValueNetChangeinUnrealizedGainLoss
-109930000 USD
CY2021Q1 kkr Fair Value Option Liabilities Changesin Fair Value Realizedand Unrealized Gain Loss
FairValueOptionLiabilitiesChangesinFairValueRealizedandUnrealizedGainLoss
-111978000 USD
CY2020Q1 kkr Fair Value Option Liabilities Changesin Fair Value Gain Loss
FairValueOptionLiabilitiesChangesinFairValueGainLoss
0 USD
CY2020Q1 kkr Fair Value Option Liabilities Changesin Fair Value Net Changein Unrealized Gain Loss
FairValueOptionLiabilitiesChangesinFairValueNetChangeinUnrealizedGainLoss
1904492000 USD
CY2020Q1 kkr Fair Value Option Liabilities Changesin Fair Value Realizedand Unrealized Gain Loss
FairValueOptionLiabilitiesChangesinFairValueRealizedandUnrealizedGainLoss
1904492000 USD
CY2021Q1 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
77492000 USD
CY2020Q4 kkr Value Of Business Acquired Liability
ValueOfBusinessAcquiredLiability
1273414000 USD
CY2020Q4 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
0 USD
CY2021Q1 us-gaap Deferred Policy Acquisition Costs Additions
DeferredPolicyAcquisitionCostsAdditions
76694000 USD
CY2021Q1 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
798000 USD
CY2020Q4 us-gaap Value Of Business Acquired Voba
ValueOfBusinessAcquiredVOBA
1024520000 USD
CY2021Q1 us-gaap Present Value Of Future Insurance Profits Amortization Expense1
PresentValueOfFutureInsuranceProfitsAmortizationExpense1
-12182000 USD
CY2021Q1 us-gaap Value Of Business Acquired Voba
ValueOfBusinessAcquiredVOBA
1012338000 USD
CY2021Q1 kkr Amortization Of Value Of Business Acquired Liability
AmortizationOfValueOfBusinessAcquiredLiability
31862000 USD
CY2021Q1 kkr Value Of Business Acquired Liability
ValueOfBusinessAcquiredLiability
1241552000 USD
CY2021Q1 us-gaap Present Value Of Future Insurance Profits Amortization Expense Remainder Of Fiscal Year
PresentValueOfFutureInsuranceProfitsAmortizationExpenseRemainderOfFiscalYear
54492000 USD
CY2021Q1 kkr Present Value Of Future Insurance Losses Expected Amortization Remainder Of Fiscal Year
PresentValueOfFutureInsuranceLossesExpectedAmortizationRemainderOfFiscalYear
128687000 USD
CY2021Q1 kkr Present Value Of Future Insurance Profits Losses Expected Amortization Remainder Of Fiscal Year
PresentValueOfFutureInsuranceProfitsLossesExpectedAmortizationRemainderOfFiscalYear
-74195000 USD
CY2021Q1 us-gaap Present Value Of Future Insurance Profits Amortization Expense Year One
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearOne
68344000 USD
CY2021Q1 kkr Present Value Of Future Insurance Losses Expected Amortization Year One
PresentValueOfFutureInsuranceLossesExpectedAmortizationYearOne
146297000 USD
CY2021Q1 kkr Present Value Of Future Insurance Profits Losses Expected Amortization Year One
PresentValueOfFutureInsuranceProfitsLossesExpectedAmortizationYearOne
-77953000 USD
CY2021Q1 us-gaap Present Value Of Future Insurance Profits Amortization Expense Year Two
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearTwo
64340000 USD
CY2021Q1 kkr Present Value Of Future Insurance Losses Expected Amortization Year Two
PresentValueOfFutureInsuranceLossesExpectedAmortizationYearTwo
127255000 USD
CY2021Q1 kkr Present Value Of Future Insurance Profits Losses Expected Amortization Year Two
PresentValueOfFutureInsuranceProfitsLossesExpectedAmortizationYearTwo
-62915000 USD
CY2021Q1 us-gaap Present Value Of Future Insurance Profits Amortization Expense Year Three
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearThree
60291000 USD
CY2021Q1 kkr Present Value Of Future Insurance Losses Expected Amortization Year Three
PresentValueOfFutureInsuranceLossesExpectedAmortizationYearThree
100357000 USD
CY2021Q1 kkr Present Value Of Future Insurance Profits Expected Amortization After Year Five
PresentValueOfFutureInsuranceProfitsExpectedAmortizationAfterYearFive
655785000 USD
CY2021Q1 kkr Present Value Of Future Insurance Profits Losses Expected Amortization Year Three
PresentValueOfFutureInsuranceProfitsLossesExpectedAmortizationYearThree
-40066000 USD
CY2021Q1 us-gaap Present Value Of Future Insurance Profits Amortization Expense Year Four
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearFour
56412000 USD
CY2021Q1 kkr Present Value Of Future Insurance Losses Expected Amortization Year Four
PresentValueOfFutureInsuranceLossesExpectedAmortizationYearFour
80907000 USD
CY2021Q1 kkr Present Value Of Future Insurance Profits Losses Expected Amortization Year Four
PresentValueOfFutureInsuranceProfitsLossesExpectedAmortizationYearFour
-24495000 USD
CY2021Q1 us-gaap Present Value Of Future Insurance Profits Amortization Expense Year Five
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearFive
52674000 USD
CY2021Q1 kkr Present Value Of Future Insurance Losses Expected Amortization Year Five
PresentValueOfFutureInsuranceLossesExpectedAmortizationYearFive
65951000 USD
CY2021Q1 kkr Present Value Of Future Insurance Profits Losses Expected Amortization Year Five
PresentValueOfFutureInsuranceProfitsLossesExpectedAmortizationYearFive
-13277000 USD
CY2021Q1 kkr Present Value Of Future Insurance Losses Expected Amortization After Year Five
PresentValueOfFutureInsuranceLossesExpectedAmortizationAfterYearFive
592098000 USD
CY2021Q1 kkr Present Value Of Future Insurance Profits Losses Expected Amortization After Year Five
PresentValueOfFutureInsuranceProfitsLossesExpectedAmortizationAfterYearFive
63687000 USD
CY2021Q1 us-gaap Value Of Business Acquired Voba
ValueOfBusinessAcquiredVOBA
1012338000 USD
CY2021Q1 kkr Present Value Of Future Insurance Losses
PresentValueOfFutureInsuranceLosses
1241552000 USD
CY2021Q1 kkr Present Value Of Future Insurance Profits Losses
PresentValueOfFutureInsuranceProfitsLosses
-229214000 USD
CY2021Q1 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
1280753000 USD
CY2021Q1 us-gaap Ceded Premiums Written
CededPremiumsWritten
118786000 USD
CY2021Q1 us-gaap Premiums Earned Net
PremiumsEarnedNet
1176142000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 USD
CY2021Q1 kkr Contract With Customer Liability Deferrals
ContractWithCustomerLiabilityDeferrals
9575000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-2013000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7562000 USD
CY2021Q1 kkr Liability For Future Policy Benefit Before Reinsurance Direct
LiabilityForFuturePolicyBenefitBeforeReinsuranceDirect
61072018000 USD
CY2021Q1 kkr Liability For Future Policy Benefit Before Reinsurance Assumed
LiabilityForFuturePolicyBenefitBeforeReinsuranceAssumed
41535206000 USD
CY2021Q1 us-gaap Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
102607224000 USD
CY2021Q1 us-gaap Reinsurance Payable
ReinsurancePayable
15657675000 USD
CY2021Q1 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
86949549000 USD
CY2021Q1 kkr Reinsurance Recoverable And Funds Withheld Receivable At Interest
ReinsuranceRecoverableAndFundsWithheldReceivableAtInterest
18786538000 USD
CY2021Q1 kkr Funds Withheld Payable At Interest And Deferred Intangible Reinsurance Assets And Liabilities
FundsWithheldPayableAtInterestAndDeferredIntangibleReinsuranceAssetsAndLiabilities
13446164000 USD
CY2021Q1 kkr Funds Withheld Receivable At Interest
FundsWithheldReceivableAtInterest
3100000000 USD
CY2021Q1 kkr Funds Withheld Receivable At Interest Number Of Counterparties
FundsWithheldReceivableAtInterestNumberOfCounterparties
6 counterparty
CY2021Q1 us-gaap Direct Premiums Written
DirectPremiumsWritten
14175000 USD
CY2021Q1 kkr Policyholder Fees Direct
PolicyholderFeesDirect
148999000 USD
CY2021Q1 kkr Policyholder Fees Assumed
PolicyholderFeesAssumed
52955000 USD
CY2021Q1 kkr Policyholder Fees Ceded
PolicyholderFeesCeded
271000 USD
CY2021Q1 kkr Policyholder Fees
PolicyholderFees
201683000 USD
CY2021Q1 us-gaap Policyholder Benefits And Claims Incurred Gross
PolicyholderBenefitsAndClaimsIncurredGross
182801000 USD
CY2021Q1 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
1467127000 USD
CY2021Q1 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
164610000 USD
CY2021Q1 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
1485318000 USD
CY2021Q1 kkr Collateral Held On Behalf Of Reinsurers
CollateralHeldOnBehalfOfReinsurers
13200000000 USD
CY2021Q1 kkr Collateral Held By Reinsurers
CollateralHeldByReinsurers
1200000000 USD
CY2021Q1 kkr Reinsurer Collateral Minimum Required Assets In Trust
ReinsurerCollateralMinimumRequiredAssetsInTrust
35200000000 USD
CY2021Q1 kkr Reinsurer Collateral Reserves
ReinsurerCollateralReserves
38300000000 USD
CY2021Q1 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
17250000 USD
CY2020Q1 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
0 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1661495000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1288865000 USD
CY2021Q1 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
17300000 USD
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
274748078 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
288322053 shares
CY2021Q1 us-gaap Other Assets
OtherAssets
7736923000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
2665336000 USD
CY2021Q1 kkr Accounts Payable Accrued Expenses And Other Liabilities
AccountsPayableAccruedExpensesAndOtherLiabilities
11804653000 USD
CY2020Q4 kkr Accounts Payable Accrued Expenses And Other Liabilities
AccountsPayableAccruedExpensesAndOtherLiabilities
5257813000 USD
CY2021Q1 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.101
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.079
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
23100000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021Q1 us-gaap Due From Affiliates
DueFromAffiliates
1061431000 USD
CY2020Q4 us-gaap Due From Affiliates
DueFromAffiliates
872994000 USD
CY2021Q1 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
322511000 USD
CY2020Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
325177000 USD
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021Q1 kkr Operating Income Loss Net Of Tax And Noncontrolling Interest
OperatingIncomeLossNetOfTaxAndNoncontrollingInterest
880437000 USD
CY2020Q1 kkr Operating Income Loss Net Of Tax And Noncontrolling Interest
OperatingIncomeLossNetOfTaxAndNoncontrollingInterest
523196000 USD
CY2021Q1 kkr Share Based Compensation And Other Noncash Expense
ShareBasedCompensationAndOtherNoncashExpense
71728000 USD
CY2020Q1 kkr Share Based Compensation And Other Noncash Expense
ShareBasedCompensationAndOtherNoncashExpense
51003000 USD
CY2021Q1 us-gaap Revenues
Revenues
4563006000 USD
CY2020Q1 us-gaap Revenues
Revenues
-1001505000 USD
CY2021Q1 kkr Impact Of Consolidation And Other On Revenues
ImpactOfConsolidationAndOtherOnRevenues
123448000 USD
CY2020Q1 kkr Impact Of Consolidation And Other On Revenues
ImpactOfConsolidationAndOtherOnRevenues
95029000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4354106000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4588632000 USD
CY2021Q1 kkr Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
880437000 USD
CY2020Q1 kkr Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
523196000 USD
CY2021Q1 us-gaap Assets
Assets
216445114000 USD
CY2020Q1 us-gaap Assets
Assets
55601075000 USD
CY2021Q1 kkr Impact Of Consolidation And Other On Assets
ImpactOfConsolidationAndOtherOnAssets
-53636814000 USD
CY2020Q1 kkr Impact Of Consolidation And Other On Assets
ImpactOfConsolidationAndOtherOnAssets
-34876939000 USD
CY2021Q1 kkr Carry Pool Reclassifications
CarryPoolReclassifications
-2815328000 USD
CY2020Q1 kkr Carry Pool Reclassifications
CarryPoolReclassifications
-773151000 USD
CY2021Q1 kkr Other Reclassifications Out Of Assets
OtherReclassificationsOutOfAssets
-395352000 USD
CY2020Q1 kkr Other Reclassifications Out Of Assets
OtherReclassificationsOutOfAssets
-229683000 USD
CY2021Q1 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
1 shares
CY2021Q1 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2021Q1 kkr Preferred Stock Changeof Control Event Redemption Price Per Share
PreferredStockChangeofControlEventRedemptionPricePerShare
25.25
CY2021Q1 kkr Preferred Stock Changeof Control Event Increasein Dividend Rate Percentage
PreferredStockChangeofControlEventIncreaseinDividendRatePercentage
0.0500
CY2021Q1 kkr Preferred Stock Change Of Control Event Increase In Dividend Rate Period Following Event
PreferredStockChangeOfControlEventIncreaseInDividendRatePeriodFollowingEvent
P31D
CY2015 kkr Minority Interest Percentage Of Carried Interest Received By General Partners
MinorityInterestPercentageOfCarriedInterestReceivedByGeneralPartners
0.01
CY2021Q1 us-gaap Profit Loss
ProfitLoss
3915367000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-4227953000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
CY2021Q1 kkr Net Income Loss Attributable To Noncontrolling Interest Consolidated Entities
NetIncomeLossAttributableToNoncontrollingInterestConsolidatedEntities
1241877000 USD
CY2020Q1 kkr Net Income Loss Attributable To Noncontrolling Interest Consolidated Entities
NetIncomeLossAttributableToNoncontrollingInterestConsolidatedEntities
-2095235000 USD
CY2021Q1 kkr Income Tax Attributable To Noncontrolling Interest Holdings
IncomeTaxAttributableToNoncontrollingInterestHoldings
462930000 USD
CY2020Q1 kkr Income Tax Attributable To Noncontrolling Interest Holdings
IncomeTaxAttributableToNoncontrollingInterestHoldings
-363836000 USD
CY2021Q1 kkr Net Income Loss Attributable To Consolidated Entities
NetIncomeLossAttributableToConsolidatedEntities
3110829000 USD
CY2020Q1 kkr Net Income Loss Attributable To Consolidated Entities
NetIncomeLossAttributableToConsolidatedEntities
-2504895000 USD

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