CNO Financial Group, Inc. (CNO) financial statements (2023 and earlier)

Company profile

Business Address 11825 N PENNSYLVANIA ST
CARMEL, IN 46032
State of Incorp. DE
Fiscal Year End December 31
SIC 6321 - Accident and Health Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments358383288948863842694
Cash and cash equivalents   657578479432
Short-term investments358383288291285363262
Total current assets:358383288948863842694
Noncurrent Assets
Operating lease, right-of-use asset485567
Deferred costs      14
Total noncurrent assets:485567   14
Other undisclosed assets35,79834,90233,27630,49232,24731,13330,417
TOTAL ASSETS:36,20435,34033,63131,44033,11031,97531,125
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities      48
Taxes payable      48
Total current liabilities:      48
Noncurrent Liabilities
Other undisclosed liabilities30,94529,85628,95428,06928,26327,48826,939
Total liabilities:30,94529,85628,95428,06928,26327,48826,987
Stockholders' equity
Stockholders' equity attributable to parent5,2605,4844,6773,3714,8484,4874,139
Common stock1122222
Additional paid in capital2,1842,5452,7672,9953,0733,2123,387
Accumulated other comprehensive income1,9472,1861,3731781,212622403
Retained earnings1,127752536197560651347
Total stockholders' equity:5,2605,4844,6773,3714,8484,4874,139
TOTAL LIABILITIES AND EQUITY:36,20435,34033,63131,44033,11031,97531,125

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues4,1223,8214,0164,3144,2973,9853,812
Premiums earned, net2,5232,5112,4812,593
Net investment income1,4211,2231,3631,3061,5511,3251,234
Financial services revenue2,6962,6522,615
Cost of revenue(2,481)(2,447)(2,657)(2,279)(2,603)(2,391)(2,308)
Policyholder benefits and claims incurred, net(2,191)(2,158)(2,417)(2,279)
Financial services costs(2,603)(2,391)(2,308)
Gross profit:1,6411,3751,3592,0351,6951,5951,504
Operating expenses(1,268)(1,210)(1,165)(1,079)(1,081)(1,050)(999)
Operating income:373165194956614545504
Nonoperating income (expense)
(Investment Income, Nonoperating)
19(36)28    
Interest and debt expense(95)(109)(160)(150)(124)(116)(128)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 325212(1,071)(10)(75)(9)
Income (loss) from continuing operations before equity method investments, income taxes:296344274(265)481353368
Other undisclosed income from continuing operations before income taxes271      
Income (loss) from continuing operations before income taxes:568344274(265)481353368
Income tax expense (benefit)(127)(43)135(50)(305)5(97)
Net income (loss) available to common stockholders, diluted:441302409(315)176358271

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):441302409(315)176358271
Other comprehensive income (loss)  1,195(1,018)384220(423)
Comprehensive income (loss):4413021,604(1,333)560578(152)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(239)814     
Comprehensive income (loss), net of tax, attributable to parent:2021,1151,604(1,333)560578(152)

Statements sources

The financial statements are based on the company's filings with the 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.

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