v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Premiums $ 862 $ 875
Net investment income 739 782
Net investment gains (losses) 27 49
Policy fees and other income 158 158
Total revenues 1,786 1,864
Benefits and expenses:    
Benefits and other changes in policy reserves 1,217 1,203
Liability remeasurement (gains) losses 4 (8)
Changes in fair value of market risk benefits and associated hedges 18 (23)
Interest credited 99 125
Acquisition and operating expenses, net of deferrals 236 236
Amortization of deferred acquisition costs and intangibles 60 65
Interest expense 26 30
Total benefits and expenses 1,660 1,628
Income from continuing operations before income taxes 126 236
Provision for income taxes 36 66
Income from continuing operations 90 170
Loss from discontinued operations, net of taxes (5) (1)
Net income 85 169
Less: net income attributable to noncontrolling interests 31 30
Net income available to Genworth Financial, Inc.'s common stockholders $ 54 $ 139
Income from continuing operations available to Genworth Financial, Inc.'s common stockholders per share:    
Basic $ 0.14 $ 0.32
Diluted 0.14 0.31
Net income available to Genworth Financial, Inc.'s common stockholders per share:    
Basic [1] 0.13 0.31
Diluted $ 0.13 $ 0.31
Weighted-average common shares outstanding:    
Basic 418.3 443.0
Diluted 422.9 450.3
[1] May not total due to whole number calculation.

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