PHOENIX COMPANIES INC/DE Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ONE AMERICAN ROW HARTFORD, CT 061025056 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6311 - Life Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments, including: | 898 | 78 | 858 | 296 | |||
| Cash and cash equivalents | 627 | 450 | 496 | 246 | |||
| Short-term investments | 270 | 150 | 362 | 49 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | (521) | ||||||
| Total current assets: | 898 | 78 | 858 | 296 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 46 | 45 | 46 | 44 | |||
| Long-term investments and receivables | 52 | 61 | 59 | 29 | |||
| Long-term investments | 52 | 61 | 59 | 29 | |||
| Deferred rent receivables, net | 2 | 5 | 10 | 11 | |||
| Total noncurrent assets: | 100 | 111 | 115 | 85 | |||
| Other undisclosed assets | 20,094 | 21,556 | 20,651 | 21,250 | |||
| TOTAL ASSETS: | 21,092 | 21,746 | 21,625 | 21,630 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 253 | 253 | 25 | ||||
| Long-term debt, excluding current maturities | 253 | 253 | 25 | ||||
| Liabilities, other than long-term debt | 22 | ||||||
| Deferred compensation liability, classified | 22 | ||||||
| Total noncurrent liabilities: | 253 | 253 | 47 | ||||
| Other undisclosed liabilities | 20,918 | 21,147 | 20,788 | 21,072 | |||
| Total liabilities: | 20,918 | 21,399 | 21,041 | 21,119 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 161 | 327 | 573 | 511 | |||
| Common stock | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (183) | (183) | (183) | (183) | |||
| Additional paid in capital | 2,633 | 2,633 | 2,633 | 2,633 | |||
| Accumulated other comprehensive loss | (266) | (234) | (185) | (249) | |||
| Accumulated deficit | (2,023) | (1,889) | (1,692) | (1,697) | |||
| Other undisclosed equity, attributable to parent | 7 | ||||||
| Equity, attributable to noncontrolling interest | 13 | 20 | 11 | 7 | |||
| Other undisclosed equity | (7) | ||||||
| Total equity: | 174 | 347 | 584 | 511 | |||
| TOTAL LIABILITIES AND EQUITY: | 21,092 | 21,746 | 21,625 | 21,630 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 1,695 | 1,667 | 1,711 | 1,789 | ||
| Net investment income | 835 | 831 | 787 | 829 | ||
| Financial services revenue | 893 | 1,447 | 1,448 | 959 | ||
| Cost of revenue | (915) | (1,492) | (1,337) | (1,166) | ||
| Policyholder dividends, expense | (245) | (190) | 295 | |||
| Deferred policy acquisition costs, amortization expense | (78) | (120) | (114) | 200 | ||
| Financial services costs | (828) | (1,119) | (1,027) | (1,166) | ||
| Gross profit: | 780 | 175 | 374 | 623 | ||
| Operating expenses | (357) | (403) | (411) | (266) | ||
| Operating income (loss): | 422 | (227) | (37) | 358 | ||
| Nonoperating income (Investment Income, Nonoperating) | 742 | 819 | 778 | |||
| Interest and debt expense | (28) | (28) | (29) | (19) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (553) | (682) | (737) | (1,273) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (159) | (195) | 17 | (156) | ||
| Income (loss) from equity method investments | (4) | 8 | 9 | |||
| Other undisclosed income from continuing operations before income taxes | 4 | |||||
| Income (loss) from continuing operations before income taxes: | (159) | (187) | 26 | (156) | ||
| Income tax expense (benefit) | 34 | (11) | (10) | 4 | ||
| Income (loss) from continuing operations: | (125) | (198) | 16 | (152) | ||
| Income (loss) before gain (loss) on sale of properties: | (127) | (198) | 16 | (151) | ||
| Income (loss) from discontinued operations | (2) | 0 | 0 | 2 | ||
| Other undisclosed net loss | (12) | (12) | (17) | |||
| Net income (loss): | (127) | (209) | 5 | (168) | ||
| Net income (loss) attributable to noncontrolling interest | (7) | (4) | 0 | (1) | ||
| Net income (loss) available to common stockholders, diluted: | (134) | (213) | 5 | (169) | ||
Comprehensive Income ($ in millions)
| 3/31/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (127) | (209) | 5 | (168) | ||
| Other comprehensive income (loss) | (32) | (49) | 64 | (19) | ||
| Comprehensive income (loss): | (159) | (259) | 69 | (187) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (7) | (4) | 0 | 1 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 4 | (0) | (1) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (166) | (259) | 69 | (187) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.