Corebridge Financial, Inc.【CRBG】
| Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
|---|
| Net income (loss) | 8,469 | 1,036 | 2,203 |
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| Net losses (gains) on sales of securities available-for-sale and other assets | -377 | -304 | -1,049 |
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| Net (gain) loss on divestitures | -1 | 676 | 245 |
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| Unrealized (gains) losses in earnings - net | 1,621 | -1,797 | -870 |
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| Proceeds (Payments) For Market Risk Benefit | - | -348 | -831 |
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| Equity in income from equity method investments, net of dividends or distributions | 97 | -8 | -65 |
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| Depreciation and other amortization | 1,021 | 366 | 193 |
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| Impairments of assets | 25 | 69 | 69 |
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| Insurance liabilities | 2,064 | 770 | 980 |
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| Premiums and other receivables and payables - net | -68 | 265 | 167 |
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| Funds held relating to Fortitude Re Reinsurance contracts | 8,497 | 137 | 1,420 |
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| Reinsurance assets and funds held under reinsurance treaties | -409 | -675 | -825 |
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| Capitalization of deferred policy acquisition costs | 991 | 1,260 | 1,377 |
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| Current and deferred income taxes - net | 890 | -116 | 349 |
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| Other, net | -577 | -1,134 | 412 |
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| Total adjustments | -5,774 | 2,321 | -52 |
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| Net cash provided by operating activities | 2,695 | 3,357 | 2,151 |
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| Available-for-sale securities | 10,566 | 7,400 | 8,080 |
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| Other securities | 2,181 | 988 | 1,113 |
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| Other invested assets | 1,888 | 1,367 | 1,733 |
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| Divestitures, net | - | 747 | 577 |
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| Maturities of fixed maturity securities available-for-sale | 9,621 | 8,859 | 16,164 |
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| Proceeds from Sale and Collection of Mortgage Notes Receivable | 7,814 | 6,164 | 5,509 |
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| Available-for-sale securities | 19,499 | 18,321 | 29,644 |
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| Other securities | 3,694 | 1,379 | 1,669 |
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| Other invested assets | 1,662 | 1,172 | 924 |
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| Mortgage and other loans receivable | 14,203 | 9,168 | 11,878 |
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| Acquisition of businesses, net of cash and restricted cash acquired | 107 | 5 | - |
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| Net change in short-term investments | -883 | 334 | 560 |
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| Net change in derivative assets and liabilities | 754 | 884 | -119 |
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| Other, net | 287 | -262 | 156 |
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| Net cash used in investing activities | -7,253 | -5,476 | -11,536 |
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| Policyholder contract deposits | 26,508 | 33,015 | 39,552 |
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| Policyholder contract withdrawals | 20,722 | 27,957 | 28,136 |
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| Consolidated Entity, Excluding VIE | - | 1,240 | 1,329 |
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| Consolidated VIE | 946 | 221 | 231 |
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| Issuance of long-term debt | 7,451 | - | - |
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| Issuance of short-term debt | 1,512 | - | - |
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| Repayments of short-term debt | 8,312 | 1,250 | 250 |
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| Maturities and repayments of debt of consolidated investment entities | 1,228 | 535 | - |
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| Dividends paid on common stock | 876 | 1,722 | 544 |
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| Distributions to noncontrolling interests | 477 | 91 | 199 |
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| Proceeds from Noncontrolling Interests | 146 | 96 | 70 |
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| Net change in securities lending and repurchase agreements | -647 | -544 | 567 |
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| Issuance of common stock | - | - | 1 |
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| Repurchase of common stock | - | 498 | 1,792 |
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| Other, net | 299 | 139 | -267 |
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| Net cash provided by (used in) financing activities | 4,600 | 2,114 | 9,580 |
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| Effect of exchange rate changes on cash and restricted cash | -10 | 3 | 1 |
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| Net increase (decrease) in cash and restricted cash | 32 | -2 | 196 |
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| Change in cash of businesses held for sale | - | -3 | - |
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| Interest | 472 | 583 | 538 |
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| Taxes | 1,101 | 20 | 252 |
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| Fixed Maturity Securities Available For Sale Received In Connection With Pension Risk Transfer Transactions | -1,121 | -4,317 | -1,316 |
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| Noncash Or Part Noncash Acquisition, Investments Acquired During Reinsurance Transaction | -108 | - | - |
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| Noncash Or Part Noncash, Fair Value Option, Received In Connection With Reinsurance Transaction | - | - | -232 |
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| Noncash Or Part Noncash, Available For Sale Securities, Transferred In Connection With Reinsurance Transaction | - | 439 | 210 |
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| Noncash Or Part Noncash, Fair Value Option, Transferred In Connection With Reinsurance Transaction | - | -93 | 194 |
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| Fixed maturity securities, designated available-for-sale, transferred to repay debt of consolidated investment entities | 458 | - | - |
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| Investment assets transferred in conjunction with fund establishment | 19 | - | - |
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| Investment assets received in conjunction with fund establishment | 49 | - | - |
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| Real estate investments transferred in conjunction with fund establishment | 305 | - | - |
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| Equity securities distributed in lieu of cash to non-consolidated Corebridge affiliate | 94 | - | - |
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| Other invested Assets Securities Distributed In Lieu Of Cash To Nonconsolidated Affiliate | 694 | - | - |
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| Other invested assets securities, transferred in connection with reinsurance transactions | - | 111 | 43 |
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| Interest Credited To Policyholder Accounts Included In Financing Activities | 3,606 | 4,501 | 5,141 |
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| Fee income debited to policyholder contract deposits included in financing activities | 1,694 | 2,122 | 2,879 |
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| Noncash Contribution Expense | - | 16 | 18 |
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| Distribution in lieu of cash, in equity securities, to non-consolidated Corebridge affiliate | 94 | - | - |
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| Distribution in lieu of cash, in Other invested assets securities, to non-consolidated Corebridge affiliate | 694 | - | - |
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| Extinguishment of debt in exchange for partnership interest | 172 | - | - |
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| Redemption of noncontrolling interests in exchange for partnership interest | 104 | - | - |
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