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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	47,909	46,317	40,419	31,218	29,962	25,499
Investments in Equity & Preferred Securities	4,481	3,980	3,677	3,278	3,521	2,203
Policy Loans	115	104	71	52	39	33
Other Investments	1,104	2,958	1,961	2,018	790	856
Total Investments	59,975	59,301	51,521	41,120	38,061	30,622
Cash & Equivalents	3,293	2,264	1,563	960	1,533	889
Reinsurance Recoverable	14,746	13,369	8,960	5,417	3,610	3,174
Other Receivables	507	501	496	386	299	235
Deferred Policy Acquisition Cost	3,172	3,036	2,215	1,411	761	222
Property, Plant & Equipment	-	-	-	-	21	19
Goodwill	2,179	2,179	1,749	1,749	1,756	1,756
Other Intangible Assets	1,238	1,187	546	403	288	230
Other Current Assets	1,131	1,366	1,230	546	849	902
Long-Term Deferred Tax Assets	268	299	388	600	-	45
Other Long-Term Assets	1,498	1,538	1,534	2,036	1,552	1,662
Total Assets	88,007	85,040	70,202	54,628	48,730	39,756
Accounts Payable	202	147	297	114	72	62
Accrued Expenses	356	412	367	334	245	202
Insurance & Annuity Liabilities	61,572	59,933	51,590	42,749	36,374	29,324
Unpaid Claims	113	102	92	109	109	88
Reinsurance Payable	11,442	10,867	7,083	3,703	1,676	806
Current Portion of Long-Term Debt	-	10	-	-	-	-
Short-Term Debt	-	-	362	547	-	-
Current Income Taxes Payable	9	5	-	-	-	5
Long-Term Debt	2,234	2,171	1,392	567	977	589
Long-Term Leases	9	10	11	13	14	14
Long-Term Deferred Tax Liabilities	-	-	-	-	24	-
Other Current Liabilities	6,514	6,357	5,232	3,639	4,719	4,590
Other Long-Term Liabilities	635	549	403	282	-	-
Total Liabilities	83,522	80,964	67,099	52,223	44,245	35,682
Additional Paid-In Capital	3,741	3,464	3,185	3,162	2,750	2,741
Retained Earnings	2,389	2,440	1,926	2,061	1,001	136
Treasury Stock	-33	-30	-18	-	-	-
Comprehensive Income & Other	-1,734	-1,923	-1,990	-2,818	734	1,197
Total Common Equity	4,363	3,951	3,103	2,405	4,485	4,074
Minority Interest	122	125	-	-	-	-
Shareholders' Equity	4,485	4,076	3,103	2,405	4,485	4,074
Total Liabilities & Equity	88,007	85,040	70,202	54,628	48,730	39,756
Filing Date Shares Outstanding	134.76	126.77	126.28	126.41	125	150
Total Common Shares Outstanding	134.71	126.79	126.33	126.41	105	150
Total Debt	2,243	2,191	1,765	1,127	991	603
Net Cash (Debt)	1,050	73	-202	-167	542	286
Net Cash Growth	76.77%	-	-	-	89.51%	-33.02%
Net Cash Per Share	8.08	0.56	-1.63	-1.45	5.16	1.91
Book Value Per Share	32.39	31.16	24.56	19.03	42.71	27.17
Tangible Book Value	946	585	808	253	2,441	2,088
Tangible Book Value Per Share	7.02	4.61	6.40	2.00	23.25	13.92

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q