Corebridge Financial
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Corebridge Financial generated cash of $3,357,000,000, which is more than the previous year. Cash used in financing activities reached the amount of $2,018,000,000 last year. Net change in cash is therefore -$5,000,000.
Cash Flow
| 2019 | 2.44B | -10.37B | 7.91B |
|---|---|---|---|
| 2020 | 3.32B | -7.90B | 4.66B |
| 2021 | 2.46B | -1.96B | -809M |
| 2022 | 2.69B | -7.25B | 4.6B |
| 2023 | 3.35B | -5.38B | 2.01B |
CRBG Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 633M | 601M | 918M | 827M | 838M |
Operating activities | |||||
Net income | 1.10B | 8.46B | 8.28B | 866M | 307M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 366M | 1.02B | 562M | 325M | 294M |
Stock-based compensation expense | 0 | 75M | 88M | 74M | 74M |
| Deferred income tax benefit | 0 | 75M | 88M | 74M | 74M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | 40M | 226M | 575M | -47M |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 3.35B | 2.69B | 2.46B | 3.32B | 2.44B |
Investing activities | |||||
Purchases Of Investments | -22.09B | -25.60B | -41.23B | -38.95B | -39.77B |
Investments In Property Plant And Equipment | 0 | 0 | -1.28B | -317M | -4.23B |
Acquisitions Net | -5M | -107M | 1.08B | 317M | -77M |
Cash generated by investing activities | -5.38B | -7.25B | -1.96B | -7.90B | -10.37B |
Financing activities | |||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -1.72B | -876M | -1.57B | -472M | -1.62B |
Repurchases of common stock | -498M | 0 | 0 | 0 | 0 |
Repayments of term debt | -324M | 369M | -5.94B | -2.46B | 1.93B |
Cash used in financing activities | 2.01B | 4.6B | -809M | 4.66B | 7.91B |
Net Change In Cash | -5M | 32M | -317M | 91M | -11M |
Cash at end of period | 628M | 633M | 601M | 918M | 827M |
| Data source | Data source |