For the quarter ending 2025-09-30, FGN had -$75M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 |
|---|---|
| Net earnings | 141 |
| Depreciation and amortization | 491 |
| (gain) loss on sales of investments and other assets and asset impairments, net | -176 |
| Interest credited/index credits to contractholder account balances | 337 |
| Change in market risk benefits, net | -148 |
| Deferred policy acquisition costs and deferred sales inducements | 956 |
| Charges assessed to contractholders for mortality and administration | 248 |
| Distributions from unconsolidated affiliates, return on investment | 120 |
| Stock-based compensation cost | 22 |
| Change in nav of limited partnerships, net | 231 |
| Change in valuation of derivatives, equity and preferred securities and other assets, net | 179 |
| Change in reinsurance recoverable | -3 |
| Change in derivative collateral liabilities | 144 |
| Change in future policy benefits | 978 |
| Change in funds withheld from reinsurers | 2,648 |
| Net change in income taxes | -21 |
| Net change in other assets and other liabilities | 60 |
| Net cash provided by operating activities | 3,513 |
| Proceeds from sales, calls and maturities of investments | 9,592 |
| Additions to property and equipment and capitalized software | 12 |
| Purchases of investment securities | 16,070 |
| Net proceeds from sales, maturities and purchases of short-term investment securities | -1,653 |
| Other acquisitions/disposals, net of cash acquired | 0 |
| Additional investments in unconsolidated affiliates | 1,597 |
| Net increase in policy loans | 32 |
| Distributions from unconsolidated affiliates, return of investment | 330 |
| Net change in notes receivable | 6 |
| Net cash used in investing activities | -6,142 |
| Borrowings | 375 |
| Debt issuance costs | 11 |
| Payment of contingent consideration for acquisitions | 10 |
| Repayments of outstanding debt | 300 |
| Dividends paid | 98 |
| Dividends and distributions paid to non-controlling interest shareholders | 13 |
| Purchases of treasury stock | 3 |
| Issuance of preferred stock | 0 |
| Issuance of common stock | 269 |
| Contractholder account deposits | 8,991 |
| Contractholder account withdrawals | 6,646 |
| Net cash provided by financing activities | 2,554 |
| Net (decrease) increase in cash and cash equivalents | -75 |
| Cash and cash equivalents at beginning of period | 2,264 |
| Cash and cash equivalents at end of period | 2,189 |
F&G Annuities & Life, Inc. (FGN)
F&G Annuities & Life, Inc. (FGN)