| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 258 | 167 |
| Net realized losses (gains) on investments | -111 | -175 |
| Net losses (gains) on derivatives | -2,538 | -1,342 |
| Net losses (gains) on funds withheld reinsurance treaties | -1,094 | -715 |
| Net (gain) loss on market risk benefits | 183 | -43 |
| (gain) loss from updating future policy benefits cash flow assumptions, net | -37 | -24 |
| Interest credited on other contract holder funds, gross | 896 | 583 |
| Mortality, expense and surrender charges | 393 | 263 |
| Amortization of discount and premium on investments | 32 | 18 |
| Deferred income tax expense (benefit) | -4 | -7 |
| Share-based compensation | 106 | 72 |
| Accrued investment income | 56 | 32 |
| Deferred acquisition costs | -233 | -206 |
| Funds withheld, net of reinsurance | -108 | -168 |
| Future policy benefits | 396 | 277 |
| Other assets and liabilities, net | 180 | 131 |
| Net cash provided by (used in) operating activities | 4,137 | 2,767 |
| Debt securities | 6,326 | 4,091 |
| Equity securities | 46 | 19 |
| Mortgage loans | 1,148 | 730 |
| Debt securities | 11,015 | 6,758 |
| Equity securities | 21 | 0 |
| Mortgage loans | 1,167 | 751 |
| Settlements related to derivatives and collateral on investments | 977 | 928 |
| Other investing activities | 152 | 121 |
| Net cash provided by (used in) investing activities | -5,812 | -3,718 |
| Deposits | 19,760 | 12,126 |
| Withdrawals | 30,424 | 19,353 |
| Net transfers from (to) separate accounts | 14,716 | 9,465 |
| Proceeds from (payments on) repurchase agreements and securities lending | -520 | -383 |
| Net proceeds from (payments on) federal home loan bank notes | 700 | 700 |
| Settlements related to deferred premium on derivatives | -7 | - |
| Payments on debt | 5 | 4 |
| Issuance of debt of consolidated investment entities | 494 | 395 |
| Repayments of debt of consolidated investment entities | 152 | 98 |
| Contributions from partners of consolidated investments | 27 | 17 |
| Distributions from partners of consolidated investments | 0 | - |
| Dividends on common stock | 169 | 115 |
| Dividends on preferred stock | 33 | 22 |
| Purchase of treasury stock | 517 | 360 |
| Net cash provided by (used in) financing activities | 2,470 | 968 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 795 | 17 |
| Cash and cash equivalents at beginning of period | 3,767 | - |
| Cash and cash equivalents at end of period | 4,562 | - |
Jackson Financial Inc. (JXN)
Jackson Financial Inc. (JXN)