For the year ending 2025-12-31, ATHS had $2,636M increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 4,221 |
| Amortization of deferred acquisition costs, deferred sales inducements and value of business acquired | 1,242 |
| Net amortization (accretion) of net investment premiums, discounts and other | 202 |
| Gain on recapture of reinsurance agreements, net of cash received | 0 |
| Net investments (income) loss | 228 |
| Net recognized (gains) losses on investments and derivatives | 3,390 |
| Policy acquisition costs deferred | 1,876 |
| Accrued investment income | 579 |
| Interest sensitive contract liabilities | 7,678 |
| Increase (decrease) in insurance liabilities | -363 |
| Funds withheld assets | 1,560 |
| Other assets and liabilities | -217 |
| Net cash provided by operating activities | 5,160 |
| Available-for-sale securities | 66,078 |
| Trading securities | 2,786 |
| Equity securities | 696 |
| Proceeds from mortgage loans | 15,384 |
| Proceeds from investment funds | 1,813 |
| Derivative instruments and other investments | 4,008 |
| Short-term investments | 1,871 |
| Available-for-sale securities | 93,939 |
| Trading securities | 7,209 |
| Equity securities | 387 |
| Mortgage loans | 41,406 |
| Investment funds | 3,942 |
| Derivative instruments and other investments | 6,178 |
| Short-term investments | 1,772 |
| Consolidation of new variable interest entities | 18 |
| Deconsolidation of previously consolidated entities | 37 |
| Other investing activities, net | 1,589 |
| Net cash used in investing activities | -63,805 |
| Deposits on investment-type policies and contracts | 81,183 |
| Withdrawals on investment-type policies and contracts | 22,657 |
| Proceeds from debt | 1,591 |
| Capital contributions from parent | 238 |
| Proceeds from noncontrolling interests-Consolidated Entity Excluding Variable Interest Entities VIE | 466 |
| Proceeds from noncontrolling interests-Variable Interest Entity Primary Beneficiary | 2,002 |
| Payments to noncontrolling interests-Consolidated Entity Excluding Variable Interest Entities VIE | 444 |
| Subsidiary issuance of equity interests to noncontrolling interests-Consolidated Entity Excluding VIEPrimary Beneficiary | 0 |
| Net change in cash collateral posted for derivative transactions and securities to repurchase | -340 |
| Preferred stock dividends | 161 |
| Common stock dividends | 752 |
| Redemption of preferred stock | 600 |
| Other financing activities, net | 70 |
| Net cash provided by financing activities | 61,276 |
| Effect of exchange rate on cash, cash equivalents, restricted cash and restricted cash equivalents | 5 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents, period increase (decrease), including exchange rate effect, total | 2,636 |
| Cash and cash equivalents at beginning of year | 14,259 |
| Cash and cash equivalents at end of year | 16,895 |
Athene Holding Ltd. (ATHS)
Athene Holding Ltd. (ATHS)