GENWORTH FINANCIAL, INC. GNW Cash Flow

Genworth financial, inc. (GNW)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash flows from operating activities:
Net income (loss)
228	530	179	331	362	297	889	854	876	927	599	92	41	-67	-244	-150	-509	-413	-881	-1,430	-1,063	-1,048	-95	840	792	714	735	658	587	525	423	372	163	177	-217	-115	62	181	442	365	238	-443	0	0	0
Less income from discontinued operations, net of taxes
0	-	-	-	0	-	-	-	-	-	-	-	-	-29	-98	-134	-427	-407	0	0	0	-	-	-	-	34	-6	4	25	57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income (loss) to net cash from operating activities:
Gain on sale of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	26	-115	-115	-121	-141	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of fixed maturity securities discounts and premiums
135	118	124	122	123	130	148	142	148	156	133	147	133	138	138	124	123	106	94	84	104	111	138	141	128	105	93	79	74	88	65	73	78	77	115	113	97	55	30	17	-26	-84	0	0	0
Net investment (gains) losses
-177	50	49	65	97	-9	-114	-43	72	137	261	196	125	72	15	-56	-78	-75	-70	-46	-21	-22	-12	-8	-20	-64	-49	-17	-71	27	43	-123	-130	-195	-264	-2	-101	-143	-200	-427	-341	-1,041	0	0	0
Charges assessed to policyholders
692	699	701	702	684	697	707	707	708	713	742	763	774	782	776	779	783	788	783	794	786	777	780	784	797	812	823	817	816	801	773	751	718	690	646	600	552	506	477	464	452	442	0	0	0
Acquisition costs deferred
22	27	32	37	33	42	11	42	86	46	341	285	178	150	-191	-229	-257	-293	-327	-355	-350	-383	-313	-334	-377	-363	-487	-514	-562	-611	-608	-627	-625	-637	-462	-514	-560	-587	-546	-500	-475	-476	0	0	0
Amortization of deferred acquisition costs and intangibles
476	441	358	318	325	348	343	375	402	392	509	520	493	498	512	981	970	966	887	437	414	453	347	416	475	463	585	563	573	722	706	698	713	593	497	572	589	622	557	473	506	569	0	0	0
Deferred income taxes
77	139	15	79	53	28	-542	-510	-494	-427	206	307	231	145	94	-295	-214	-196	-272	-280	-333	-341	-166	155	99	-100	-50	-178	-121	82	-183	-209	-282	-350	-381	-258	-283	-337	25	-80	-97	-498	0	0	0
Derivative instruments, limited partnerships and other
-281	98	-230	43	140	260	358	-101	-210	-727	-666	-397	-1,053	-709	-767	-697	236	239	151	66	-198	-206	-66	15	6	59	-110	-133	-209	-191	-722	-1,465	-1,371	-1,451	-582	140	123	100	-58	56	-55	59	0	0	0
Stock-based compensation expense
32	27	29	31	34	35	25	29	28	31	36	34	35	32	27	24	26	16	23	22	17	28	31	36	38	39	33	30	26	26	28	28	33	31	36	37	40	44	40	34	29	26	0	0	0
Change in certain assets and liabilities:
Accrued investment income and other assets
223	358	374	367	363	166	66	34	-66	-32	121	195	278	358	231	241	240	106	121	149	79	163	162	139	120	53	-19	56	11	68	175	82	156	174	152	138	105	31	-14	96	63	90	0	0	0
Insurance reserves
1,286	1,259	1,422	1,473	1,479	1,555	1,462	1,510	1,625	1,625	1,826	1,789	1,656	1,315	1,268	1,313	1,440	1,847	2,507	2,570	2,390	2,497	1,225	1,254	1,653	1,644	2,337	2,512	2,502	2,330	2,226	2,216	2,315	2,507	2,599	2,497	2,398	2,413	2,425	2,499	2,919	2,811	0	0	0
Current tax liabilities
12	26	11	72	56	8	35	-30	-27	-25	-39	-56	3	32	100	132	-14	-15	-82	-105	-23	-196	-86	-101	-43	341	199	223	55	-234	-54	-57	33	145	148	43	15	-173	-487	-527	-365	-119	0	0	0
Other liabilities, policy and contract claims and other policy-related balances
700	609	884	849	769	598	692	406	338	370	-460	446	187	705	846	491	497	293	1,138	1,520	2,004	1,517	1,069	177	-172	-361	-1,057	-1,199	-1,270	-1,166	-801	-630	-386	-73	246	355	64	-271	-1,168	-935	-1,380	-469	0	0	0
Cash from operating activities—discontinued operations
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	2	0	0	0	-	-	-	-	21	65	10	41	49	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash from operating activities
2,625	2,079	2,268	1,867	1,658	1,633	1,595	1,807	2,008	2,554	2,006	2,114	2,271	1,872	2,231	2,146	1,223	1,591	2,456	2,371	3,001	2,438	1,446	1,331	1,400	1,399	1,628	1,388	1,274	962	1,520	2,503	2,537	3,125	2,392	1,621	1,542	1,336	1,053	1,119	1,278	1,931	0	0	0
Cash flows from (used by) investing activities:
Fixed maturity securities
3,486	3,436	3,385	3,262	3,249	3,312	3,435	3,791	4,044	4,170	4,639	4,567	4,109	3,889	3,798	3,826	4,292	4,541	4,949	5,114	5,152	5,198	4,483	4,550	4,814	4,891	5,603	5,630	5,419	5,176	4,777	4,530	4,575	5,233	5,362	5,601	5,275	4,589	4,250	4,270	4,145	4,105	0	0	0
Commercial mortgage loans
591	582	545	636	626	701	668	622	618	579	599	643	674	700	797	810	876	882	877	939	824	765	738	684	823	896	1,018	974	961	891	838	892	906	912	909	917	781	769	684	592	607	710	0	0	0
Other invested assets
29	15	33	35	57	45	24	27	24	22	23	23	32	32	41	40	34	41	35	36	38	32	33	46	50	60	70	73	70	67	67	72	88	96	89	74	62	52	0	0	0	-	-	-	-
Proceeds from sales of investments:
Fixed maturity and equity securities
2,660	3,883	5,659	6,427	6,288	5,488	3,372	3,121	2,407	3,788	4,834	5,444	6,897	5,629	7,122	6,342	4,878	4,391	2,068	2,027	2,096	2,386	2,742	3,082	3,545	4,147	4,835	5,442	5,328	5,735	6,794	6,929	6,992	6,284	4,760	4,143	4,631	4,643	5,794	6,538	5,882	5,808	0	0	0
Purchases and originations of investments:
Fixed maturity and equity securities
6,727	6,899	9,705	9,985	9,349	9,386	6,577	7,149	7,103	7,800	9,480	10,577	12,197	11,529	11,672	11,038	9,990	9,750	8,822	8,870	8,818	9,188	9,788	10,615	10,561	10,458	11,262	11,294	11,342	12,322	13,019	12,288	12,734	11,885	10,811	11,552	11,813	13,236	15,001	14,036	12,667	9,869	0	0	0
Commercial mortgage loans
550	813	960	1,119	1,218	1,047	967	864	844	806	852	763	610	649	683	759	909	956	936	1,134	1,082	967	915	789	802	873	1,020	939	814	692	437	342	343	300	0	0	0	-	-	-	-	-	-	-	-
Other invested assets
455	389	248	59	-63	-261	-93	-53	-102	678	537	725	864	154	-76	-147	-298	-175	178	264	235	35	-89	-142	-202	-65	35	-151	46	-416	-58	123	34	529	-41	-61	-1,177	-1,580	0	0	0	-	-	-	-
Short-term investments, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Policy loans, net
-59	-62	-51	-59	-45	-35	0	0	0	-	-	-	-	77	78	68	-35	-25	0	0	0	-	-	-	-	-	-	-	-	29	2	78	76	79	76	75	72	68	72	-620	-434	-431	0	0	0
Proceeds from sale of a subsidiary, net of cash transferred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments for business purchased, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	0	0	0	-	-	-	-	-	-	-	-
Cash used by investing activities—discontinued operations
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-26	0	0	0	-	-	-	-	85	-30	0	-23	-41	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash from (used by) investing activities
473	1,301	-1,239	-775	-178	-622	-12	-434	-784	-759	-748	-1,359	-2,007	-2,120	-291	-427	-293	-404	-1,996	-2,159	-1,998	-1,836	-2,296	-2,236	-1,237	-580	-479	102	-393	-722	-675	-159	-431	-59	-41	-1,098	-145	-1,815	-3,254	-538	-1,608	820	0	0	0
Deposits to universal life and investment contracts
806	824	1,025	1,134	1,136	1,193	760	931	894	857	1,223	968	996	1,349	1,592	1,925	2,198	2,257	2,485	2,587	2,809	2,993	3,221	3,627	3,368	2,999	2,541	2,379	2,593	2,810	2,896	2,794	2,766	2,664	2,921	2,784	2,807	2,737	2,302	2,174	1,988	2,271	0	0	0
Withdrawals from universal life and investment contracts
2,231	2,319	2,248	2,274	2,345	2,355	2,200	2,483	2,521	2,397	2,544	2,074	1,954	2,004	1,930	2,086	2,134	2,144	2,315	2,397	2,610	2,588	2,606	2,480	3,096	3,269	3,337	3,334	2,859	2,781	2,711	3,071	3,173	3,688	4,513	4,818	4,631	4,429	4,256	5,478	6,085	7,975	0	0	0
Redemption of non-recourse funding obligations
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption and repurchase of non-recourse funding obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	1,620	1,636	1,651	1,668	61	59	58	47	42	36	30	32	28	275	501	497	1,056	819	652	687	130	112	45	6	6	6	6	6	12	0	0	0
Proceeds from issuance of long-term debt
-	-	-	-	-	441	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	361	361	361	509	545	0	0	0	-	-	-	-	-	-	-	-
Repayment and repurchase of long-term debt
0	-	-	-	-	-	-	-	-	-	-	-	-	382	362	482	446	120	0	0	0	-	-	-	-	-	-	-	-	322	0	0	0	-	-	-	-	-	-	-	-	898	0	0	0
Short-term borrowings and other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98	330	330	375	0	0	0
Repayment of borrowings related to securitization entities
-	-	-	-	-	40	38	34	35	34	21	24	39	42	47	47	35	36	34	34	36	32	81	93	98	108	70	75	70	72	72	76	127	96	184	141	60	61	0	0	0	-	-	-	-
Repurchase of subsidiary shares
-	22	22	50	31	55	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to noncontrolling interests
82	87	54	43	18	40	2	51	50	53	104	126	125	138	138	155	155	157	174	114	116	75	59	53	52	52	53	52	51	50	68	67	67	67	46	46	45	43	0	0	0	-	-	-	-
Other, net
17	-35	-82	1	-30	-56	-21	-26	-22	-53	-25	-82	-66	-44	-122	-98	-122	-98	-36	-2	19	-30	-19	-55	-33	-53	69	100	39	54	-63	-174	42	26	0	0	0	-	-	-	-	-	-	-	-
Cash used by financing activities—discontinued operations
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	9	0	0	0	-	-	-	-	-23	-13	-19	-44	-45	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by financing activities
-2,799	-2,217	-1,513	-1,373	-2,043	-1,621	-1,848	-1,956	-1,417	-1,768	-1,522	-1,358	-1,314	-2,951	-2,722	-2,517	-2,018	-42	37	102	-29	205	811	1,343	419	-149	-1,249	-1,638	-1,211	-1,101	-797	-1,197	-1,609	-1,641	-2,254	-2,438	-1,246	-1,512	-1,415	-1,511	-3,593	-5,309	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash (includes $— and $5 related to discontinued operations)
-37	1	-30	-24	-59	-88	-66	-27	18	64	22	-1	-16	-10	52	1	14	-70	-166	-198	-176	-103	-38	63	-41	-109	-87	-89	-38	26	45	-104	-52	-69	-47	160	125	121	70	142	325	232	0	0	0
Net change in cash, cash equivalents and restricted cash
262	1,164	-514	-305	-622	-698	-331	-610	-175	91	-242	-604	-1,066	-3,209	-730	-797	-1,074	1,075	331	116	798	704	-77	501	541	561	-187	-237	-368	-835	93	1,043	445	1,356	50	-1,755	276	-1,870	-3,546	-788	-3,598	-2,326	0	0	0