For the year ending 2025-12-31, CRBD had -$371M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -390 |
| Net losses (gains) on sales of securities available-for-sale and other assets | -1,051 |
| Net (gain) loss on divestitures | 0 |
| Unrealized (gains) losses in earnings - net | -1,169 |
| Change in the fair value of market risk benefits in earnings, net | 636 |
| Equity in income from equity method investments, net of dividends or distributions | -10 |
| Depreciation and other amortization | 556 |
| Impairments of assets | 52 |
| Insurance liabilities | 630 |
| Premiums and other receivables and payables - net | -174 |
| Funds held relating to fortitude re reinsurance contracts | 644 |
| Reinsurance assets and funds held under reinsurance treaties | -1,024 |
| Capitalization of deferred policy acquisition costs | 1,381 |
| Current and deferred income taxes - net | -343 |
| Other, net | 523 |
| Total adjustments | 2,411 |
| Net cash provided by operating activities | 2,021 |
| Available-for-sale securities | 13,690 |
| Other securities | 3,888 |
| Other invested assets | 1,764 |
| Divestitures, net | 0 |
| Maturities of fixed maturity securities available-for-sale | 19,312 |
| Principal payments received on mortgage and other loans receivable | 9,021 |
| Available-for-sale securities | 44,452 |
| Other securities | 3,867 |
| Other invested assets | 1,496 |
| Mortgage and other loans receivable | 9,985 |
| Acquisition of businesses, net of cash and restricted cash acquired | 0 |
| Net change in short-term investments | 404 |
| Net change in derivative assets and liabilities | 820 |
| Other, net | -17 |
| Net cash used in investing activities | -13,332 |
| Policyholder contract deposits | 40,455 |
| Policyholder contract withdrawals | 26,652 |
| Issuance of long-term debt-Consolidated Entity Excluding Vie | 0 |
| Issuance of long-term debt-Variable Interest Entity Primary Beneficiary | 153 |
| Repayments of short-term debt | 1,101 |
| Maturities and repayments of debt of consolidated investment entities-Variable Interest Entity Primary Beneficiary | 566 |
| Dividends paid on common stock | 511 |
| Distributions to noncontrolling interests | 132 |
| Contributions from noncontrolling interests | 51 |
| Net change in securities lending and repurchase agreements | 1,466 |
| Issuance of preferred stock | 493 |
| Issuance of common stock | 0 |
| Repurchase of common stock | 2,118 |
| Other, net | -599 |
| Net cash provided by (used in) financing activities | 10,939 |
| Effect of exchange rate changes on cash and restricted cash | 1 |
| Net increase (decrease) in cash and restricted cash | -371 |
| Cash and cash equivalents at beginning of period | 824 |
| Cash and cash equivalents at end of period | 453 |
Corebridge Financial, Inc. (CRBD)
Corebridge Financial, Inc. (CRBD)