Corebridge Financial, Inc. (CRBG)

Corebridge Financial Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-390	2,203	1,036	8,479	9,172
Depreciation & Amortization	556	193	366	585	413
Other Adjustments	2,918	977	1,154	-311	-6,421
Changes in Receivables	174	-167	-265	40	156
Changes in Reinsurance Contract Assets	1,024	825	675	1,086	307
Changes in Deferred Acquisition Costs	-1,381	-1,377	-1,260	-1,059	-1,058
Changes in Claims Reserves	630	980	770	996	1,536
Changes in Income Taxes Payable	-343	349	-116	912	169
Changes in Other Operating Activities	-1,167	-1,832	997	-8,107	-1,869
Operating Cash Flow	2,021	2,151	3,357	2,621	2,405
Operating Cash Flow Growth	-6.04%	-35.93%	28.08%	8.98%	-27.71%
Purchases of Investments	-60,204	-44,675	-30,374	-38,175	-45,221
Proceeds from Sale of Investments	47,675	32,599	24,778	32,070	42,761
Payments for Business Acquisitions	-	-	-5	-107	-
Proceeds from Business Divestments	-	577	747	-	1,084
Other Investing Activities	-803	-37	-625	-1,041	-591
Investing Cash Flow	-13,332	-11,536	-5,476	-7,253	-1,967
Short-Term Debt Issued	-	-	-	1,512	345
Short-Term Debt Repaid	-1,101	-250	-1,250	-8,312	-248
Net Short-Term Debt Issued (Repaid)	-1,101	-250	-1,250	-6,800	97
Long-Term Debt Issued	153	1,560	1,461	8,397	4,683
Long-Term Debt Repaid	-	-	-	-	-568
Net Long-Term Debt Issued (Repaid)	153	1,560	1,461	8,397	4,115
Issuance of Common Stock	-	1	-	-	-
Repurchase of Common Stock	-2,118	-1,792	-498	-	-
Net Common Stock Issued (Repurchased)	-2,118	-1,791	-498	-	-
Issuance of Preferred Stock	493	-	-	-	-
Net Preferred Stock Issued (Repurchased)	493	-	-	-	-
Common Dividends Paid	-511	-544	-1,722	-876	-1,577
Other Financing Activities	14,023	10,605	4,123	3,953	-3,388
Financing Cash Flow	10,939	9,580	2,114	4,674	-753
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1	1	3	-10	-2
Net Cash Flow	-371	196	-2	32	-317
Free Cash Flow	2,021	2,151	3,357	2,621	2,405
Free Cash Flow Growth	-6.04%	-35.93%	28.08%	8.98%	-27.71%
FCF Margin	10.94%	11.50%	17.86%	10.61%	10.34%
Free Cash Flow Per Share	3.75	3.59	5.20	4.05	3.73
Levered Free Cash Flow	-2,625	1,698	1,977	3,173	10,417
Unlevered Free Cash Flow	-1,303	603.86	1,592	2,328	5,097

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q