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

F&G Annuities & Life Balance Sheet

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
Investments in Debt Securities	52,700	46,317	40,419	31,218	29,962
Investments in Equity & Preferred Securities	5,219	3,980	3,677	3,278	3,521
Policy Loans	147	104	71	52	39
Other Investments	2,337	2,958	1,961	2,018	790
Total Investments	68,294	59,301	51,521	41,120	38,061
Cash & Equivalents	1,486	2,264	1,563	960	1,533
Reinsurance Recoverable	17,545	13,369	8,960	5,417	3,610
Other Receivables	83	501	496	386	299
Deferred Policy Acquisition Cost	-	3,036	2,215	1,411	761
Property, Plant & Equipment	-	-	-	-	21
Goodwill	2,180	2,179	1,749	1,749	1,756
Other Intangible Assets	6,275	1,187	546	403	288
Other Current Assets	2,200	1,366	1,230	546	849
Long-Term Deferred Tax Assets	82	299	388	600	-
Other Long-Term Assets	285	1,538	1,534	2,036	1,552
Total Assets	98,430	85,040	70,202	54,628	48,730
Accounts Payable	2,701	147	297	114	72
Accrued Expenses	-	412	367	334	245
Insurance & Annuity Liabilities	73,481	59,933	51,590	42,749	36,374
Unpaid Claims	-	102	92	109	109
Reinsurance Payable	14,191	10,867	7,083	3,703	1,676
Current Portion of Long-Term Debt	-	10	-	-	-
Short-Term Debt	-	-	362	547	-
Current Income Taxes Payable	-	5	-	-	-
Long-Term Debt	2,237	2,171	1,392	567	977
Long-Term Leases	-	10	11	13	14
Long-Term Deferred Tax Liabilities	-	-	-	-	24
Other Current Liabilities	-	6,357	5,232	3,639	4,719
Other Long-Term Liabilities	903	549	403	282	-
Total Liabilities	93,513	80,964	67,099	52,223	44,245
Additional Paid-In Capital	3,764	3,464	3,185	3,162	2,750
Retained Earnings	2,568	2,440	1,926	2,061	1,001
Treasury Stock	-40	-30	-18	-	-
Comprehensive Income & Other	-1,488	-1,923	-1,990	-2,818	734
Total Common Equity	4,804	3,951	3,103	2,405	4,485
Minority Interest	113	125	-	-	-
Shareholders' Equity	4,917	4,076	3,103	2,405	4,485
Total Liabilities & Equity	98,430	85,040	70,202	54,628	48,730
Filing Date Shares Outstanding	135.61	126.77	126.28	126.41	125
Total Common Shares Outstanding	135.61	126.79	126.33	126.41	105
Total Debt	2,237	2,191	1,765	1,127	991
Net Cash (Debt)	-751	73	-202	-167	542
Net Cash Growth	-	-	-	-	89.51%
Net Cash Per Share	-5.69	0.56	-1.63	-1.45	5.16
Book Value Per Share	35.43	31.16	24.56	19.03	42.71
Tangible Book Value	-3,651	585	808	253	2,441
Tangible Book Value Per Share	-26.92	4.61	6.40	2.00	23.25

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q