GENWORTH FINANCIAL INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
GNW$8.72+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Equity
| Commonstock | Additionalpaid-incapital | Accumulatedothercomprehensiveincome (loss) | Retainedearnings | Treasurystock, atcost | TotalGenworthFinancial,Inc.’sstockholders’equity | Noncontrollinginterests | Totalequity | |
|---|---|---|---|---|---|---|---|---|
| Balances as of December 31, 2020 | $1 | $12,008 | $4,425 | $1,584 | $(2,700) | $15,318 | $502 | $15,820 |
| Cumulative effect of change in accounting, net of taxes | — | — | (11,533) | (2,210) | — | (13,743) | — | (13,743) |
| Initial sale of subsidiary shares to noncontrolling interests | — | (167) | (26) | — | — | (193) | 773 | 580 |
| Sale of business that included noncontrolling interests | — | — | — | — | — | — | (657) | (657) |
| Comprehensive income: | ||||||||
| Net income | — | — | — | 850 | — | 850 | 41 | 891 |
| Other comprehensive income, net of taxes | — | — | 1,279 | — | — | 1,279 | 136 | 1,415 |
| Total comprehensive income | 2,129 | 177 | 2,306 | |||||
| Dividends to noncontrolling interests | — | — | — | — | — | — | (37) | (37) |
| Stock-based compensation expense and exercises and other | — | 17 | — | 1 | — | 18 | (2) | 16 |
| Balances as of December 31, 2021 (as adjusted) | 1 | 11,858 | (5,855) | 225 | (2,700) | 3,529 | 756 | 4,285 |
| Comprehensive income: | ||||||||
| Net income | — | — | — | 916 | — | 916 | 130 | 1,046 |
| Other comprehensive income (loss), net of taxes | — | — | 3,241 | — | — | 3,241 | (86) | 3,155 |
| Total comprehensive income | 4,157 | 44 | 4,201 | |||||
| Treasury stock acquired in connection with share repurchases | — | — | — | — | (64) | (64) | — | (64) |
| Dividends to noncontrolling interests | — | — | — | — | — | — | (46) | (46) |
| Stock-based compensation expense and exercises and other | — | 11 | — | (2) | — | 9 | 1 | 10 |
| Balances as of December 31, 2022 (as adjusted) | 1 | 11,869 | (2,614) | 1,139 | (2,764) | 7,631 | 755 | 8,386 |
| Repurchase of subsidiary shares | — | — | — | — | — | — | (16) | (16) |
| Comprehensive income: | ||||||||
| Net income | — | — | — | 76 | — | 76 | 123 | 199 |
| Other comprehensive income, net of taxes | — | — | 59 | — | — | 59 | 28 | 87 |
| Total comprehensive income | 135 | 151 | 286 | |||||
| Treasury stock acquired in connection with share repurchases | — | — | — | — | (299) | (299) | — | (299) |
| Dividends to noncontrolling interests | — | — | — | — | — | — | (39) | (39) |
| Stock-based compensation expense and exercises and other | — | 15 | — | (2) | — | 13 | 4 | 17 |
| Balances as of December 31, 2023 | $1 | $11,884 | $(2,555) | $1,213 | $(3,063) | $7,480 | $855 | $8,335 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.