| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -1,348 | -133 |
| Interest credited to policyholders account balances | 2,272 | 1,474 |
| Policy charges and fee income | 1,733 | 1,262 |
| Net derivative (gains) losses | -1,692 | -575 |
| Credit and intent to sell losses on available for sale debt securities and loans | 43 | 54 |
| Investment (gains) losses, net | -1,212 | -31 |
| (gains) losses on businesses held-for-sale | 0 | 0 |
| Realized and unrealized (gains) losses on trading securities | 89 | 39 |
| Loss on novation | -499 | -499 |
| Ab retirement plan losses | 18 | 21 |
| Non-cash long term incentive compensation expense | 64 | 48 |
| Amortization and depreciation | -652 | -433 |
| Remeasurement of liability for future policy benefits | -44 | 15 |
| Change in market risk benefits | 287 | -66 |
| Equity (income) loss from limited partnerships | -142 | -87 |
| Net broker-dealer and customer related receivables/payables | 204 | 26 |
| Reinsurance recoverable and related balances, net | 806 | 562 |
| Segregated cash and securities, net | -75 | -17 |
| Capitalization of deferred policy acquisition costs | 857 | 574 |
| Future policy benefits | 4 | 201 |
| Current and deferred income taxes | -753 | -129 |
| Other, net | -512 | 93 |
| Net cash provided by (used in) operating activities | 868 | 499 |
| Fixed maturities, available-for-sale | 14,228 | 9,368 |
| Fixed maturities, at fair value using the fair value option | 560 | 299 |
| Mortgage loans on real estate | 1,328 | 664 |
| Trading account securities | 370 | 269 |
| Short term investments | 137 | 132 |
| Other | 471 | 283 |
| Fixed maturities, available-for-sale | 20,108 | 11,576 |
| Fixed maturities, at fair value using the fair value option | 953 | 709 |
| Mortgage loans on real estate | 3,406 | 2,103 |
| Trading account securities | 757 | 395 |
| Short term investments | 106 | 99 |
| Other | 331 | 83 |
| Cash settlements related to derivative instruments, net | -485 | -571 |
| Investment in capitalized software, leasehold improvements and edp equipment | 50 | 17 |
| Other, net | 353 | 321 |
| Net cash provided by (used in) investing activities | -8,485 | -3,717 |
| Deposits | 20,504 | 14,931 |
| Withdrawals | 8,179 | 4,637 |
| Transfers (to) from separate accounts | 1,425 | 932 |
| Payments of market risk benefits | 516 | 366 |
| Repayment of short-term financings | 0 | 0 |
| Change in collateralized pledged assets | 53 | 17 |
| Change in collateralized pledged liabilities | -3,482 | -1,298 |
| Issuance of long-term debt | 495 | 495 |
| Repayment of long term debt | 500 | 0 |
| Proceeds from collateralized loan obligations | 46 | 46 |
| Repayment of collateralized loan obligations | 52 | 38 |
| Proceeds from notes issued by consolidated vies | 1,260 | 1,203 |
| Repayment of notes issued by consolidated vies | 842 | 839 |
| Dividends paid on common stock | 237 | 156 |
| Dividends paid on preferred stock | 48 | 32 |
| Redemption of preferred stock | 439 | 279 |
| Purchase of alliancebernstein units | 758 | 758 |
| Purchase of ab holding units to fund long-term incentive compensation plan awards, net | 48 | 44 |
| Purchase of treasury shares | 1,173 | 497 |
| Purchases (redemptions) of noncontrolling interests of consolidated company-sponsored investment funds | -147 | -173 |
| Distribution to noncontrolling interest of consolidated subsidiaries | 306 | 229 |
| Change in securities lending | -60 | -33 |
| Other, net | -32 | -17 |
| Net cash provided by (used in) financing activities | 14,222 | 11,170 |
| Effect of exchange rate changes on cash and cash equivalents | 35 | 41 |
| Change in cash and cash equivalents | 6,640 | 7,993 |
| Cash and cash equivalents at beginning of period | 6,964 | - |
| Cash and cash equivalents at end of period | 13,604 | - |
Equitable Holdings, Inc. (EQH)
Equitable Holdings, Inc. (EQH)