For the quarter ending 2026-03-31, CRBG had -$75M decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | -61 | 798 | -1,188 |
| Net losses (gains) on sales of securities available-for-sale and other assets | -260 | -119 | -932 |
| Net (gain) loss on divestitures | 2 | 0 | 0 |
| Unrealized (gains) losses in earnings - net | 6 | -187 | -982 |
| Change in the fair value of market risk benefits in earnings, net | 366 | 73 | 563 |
| Equity in income from equity method investments, net of dividends or distributions | -22 | 2 | -12 |
| Depreciation and other amortization | 165 | 174 | 382 |
| Impairments of assets | 24 | 9 | 43 |
| Insurance liabilities | -297 | 691 | -61 |
| Premiums and other receivables and payables - net | -75 | -166 | -8 |
| Funds held relating to fortitude re reinsurance contracts | 549 | 335 | 309 |
| Reinsurance assets and funds held under reinsurance treaties | -95 | -181 | -843 |
| Capitalization of deferred policy acquisition costs | 309 | 324 | 1,057 |
| Current and deferred income taxes - net | 163 | 200 | -543 |
| Other, net | -45 | 56 | 467 |
| Total adjustments | 52 | 1,083 | 1,328 |
| Net cash provided (used in) by operating activities | -9 | 1,881 | 140 |
| Proceeds From Sale Of | 2,362 | 2,630 | 11,060 |
| Proceeds From Sale Of | 876 | 2,985 | 903 |
| Proceeds From Sale And Maturity Of | 361 | 387 | 1,377 |
| Divestitures, net | 9 | 0 | 0 |
| Maturities of fixed maturity securities available-for-sale | 4,094 | 5,235 | 14,077 |
| Principal payments received on mortgage and other loans receivable | 1,850 | 2,890 | 6,131 |
| Payments To Acquire | 7,423 | 11,995 | 32,457 |
| Payments To Acquire | 2,071 | 740 | 3,127 |
| Payments To Acquire | 322 | 310 | 1,186 |
| Mortgage and other loans receivable | 1,917 | 3,429 | 6,556 |
| Acquisition of businesses, net of cash and restricted cash acquired | - | 0 | - |
| Net change in short-term investments | -945 | 1,033 | -629 |
| Net change in derivative assets and liabilities | 1,324 | 92 | 728 |
| Other, net | -27 | -2 | -15 |
| Net cash (used in) investing activities | -2,533 | -3,470 | -9,862 |
| Policyholder contract deposits | 8,777 | 8,595 | 31,860 |
| Policyholder contract withdrawals | 6,709 | 6,725 | 19,927 |
| Issuance of long-term debt-Consolidated Entity Excluding Vie | - | 0 | 0 |
| Issuance of debt of consolidated investment entities | 54 | 28 | 125 |
| Maturities and repayments of long-term debt-Consolidated Entity Excluding Vie | - | - | 0 |
| Repayments of short-term debt | - | 0 | 1,101 |
| Maturities and repayments of debt of consolidated investment entities | 36 | 140 | 426 |
| Dividends paid on common stock | 114 | 119 | 392 |
| Distributions to noncontrolling interests | 21 | 8 | 124 |
| Contributions from noncontrolling interests | 8 | 0 | 51 |
| Net change in securities lending and repurchase agreements | 1,719 | 794 | 672 |
| Issuance of preferred stock | - | 493 | - |
| Issuance of common stock | - | 0 | 0 |
| Repurchase of common stock | 1,250 | 1,106 | 1,012 |
| Other, net | 39 | -92 | -507 |
| Net cash provided by (used in) financing activities | 2,467 | 1,720 | 9,219 |
| Effect of exchange rate changes on cash and restricted cash | 0 | 0 | 1 |
| Net increase (decrease) in cash and restricted cash | -75 | 131 | -502 |
| Cash and restricted cash at beginning of year | 453 | 322 | 824 |
| Cash and restricted cash at end of period | 378 | 453 | 322 |
Corebridge Financial, Inc. (CRBG)
Corebridge Financial, Inc. (CRBG)