F&G Annuities & Life, Inc. (FG)

F&G Annuities & Life Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	46,909	40,419	31,218	29,962	25,499	23,726
Investments in Equity & Preferred Securities	4,229	3,677	3,278	3,521	2,203	2,081
Policy Loans	94	71	52	39	33	28
Other Investments	1,228	1,961	2,018	790	856	244
Total Investments	58,086	51,464	41,120	38,061	30,622	27,346
Cash & Equivalents	3,539	1,563	960	1,533	889	969
Reinsurance Recoverable	12,404	8,960	5,417	3,610	3,174	3,213
Other Receivables	539	496	386	299	235	228
Deferred Policy Acquisition Cost	2,857	2,215	1,411	761	222	630
Property, Plant & Equipment	-	-	-	21	19	-
Goodwill	2,179	1,749	1,749	1,756	1,756	467
Other Intangible Assets	1,103	546	403	288	230	232
Other Current Assets	1,712	977	546	849	902	2,780
Long-Term Deferred Tax Assets	181	388	600	-	45	61
Other Long-Term Assets	1,523	1,844	2,036	1,552	1,662	788
Total Assets	84,123	70,202	54,628	48,730	39,756	36,714
Accounts Payable	187	297	114	72	62	11
Accrued Expenses	426	367	334	245	202	129
Insurance & Annuity Liabilities	58,325	51,590	42,749	36,374	29,324	27,088
Unpaid Claims	93	92	109	109	88	71
Unearned Premiums	-	-	-	-	-	17
Reinsurance Payable	9,980	7,083	3,703	1,676	806	831
Short-Term Debt	358	362	547	-	-	-
Current Income Taxes Payable	-	-	-	-	5	-
Long-Term Debt	1,680	1,392	567	977	589	542
Long-Term Leases	10	11	13	14	14	-
Long-Term Deferred Tax Liabilities	-	-	-	24	-	-
Other Current Liabilities	7,620	5,232	3,639	4,719	4,590	4,043
Other Long-Term Liabilities	603	403	282	-	-	1,179
Total Liabilities	79,648	67,099	52,223	44,245	35,682	33,954
Total Preferred Equity	-	-	-	-	-	17
Additional Paid-In Capital	3,456	3,185	3,162	2,750	2,741	2,031
Retained Earnings	2,145	1,926	2,061	1,001	136	300
Treasury Stock	-24	-18	-	-	-	-69
Comprehensive Income & Other	-1,231	-1,990	-2,818	734	1,197	481
Total Common Equity	4,346	3,103	2,405	4,485	4,074	2,743
Shareholders' Equity	4,475	3,103	2,405	4,485	4,074	2,760
Total Liabilities & Equity	84,123	70,202	54,628	48,730	39,756	36,714
Filing Date Shares Outstanding	126.09	126.28	126.41	125	150	213.16
Total Common Shares Outstanding	126.09	126.33	126.41	105	150	213.16
Total Debt	2,048	1,765	1,127	991	603	542
Net Cash (Debt)	1,491	-202	-167	542	286	427
Net Cash Growth	826.09%	-	-	89.51%	-33.02%	1323.33%
Net Cash Per Share	11.60	-1.63	-1.45	5.16	1.91	1.97
Book Value Per Share	34.47	24.56	19.03	42.71	27.17	12.87
Tangible Book Value	1,064	808	253	2,441	2,088	2,044
Tangible Book Value Per Share	8.44	6.40	2.00	23.25	13.92	9.59

Source: S&P Capital IQ. Insurance template. Financial Sources.