CNO Financial Group, Inc. (CNO) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments288948863842694857699
Cash and cash equivalents 657578479432612699
Short-term investments288291285363262245 
Total current assets:288948863842694857699
Noncurrent Assets
Operating lease, right-of-use asset67
Deferred costs    14  
Total noncurrent assets:67   14  
Other undisclosed assets33,27630,49232,24731,13330,41730,32834,082
TOTAL ASSETS:33,63131,44033,11031,97531,12531,18434,781
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities    484126
Taxes payable    484126
Total current liabilities:    484126
Noncurrent Liabilities
Other undisclosed liabilities28,95428,06928,26327,48826,93926,45529,799
Total liabilities:28,95428,06928,26327,48826,98726,49629,825
Stockholders' equity
Stockholders' equity attributable to parent4,6773,3714,8484,4874,1394,6884,955
Common stock2222222
Additional paid in capital2,7672,9953,0733,2123,3873,7324,093
Accumulated other comprehensive income1,3731781,212622403825732
Retained earnings536197560651347129128
Total stockholders' equity:4,6773,3714,8484,4874,1394,6884,955
TOTAL LIABILITIES AND EQUITY:33,63131,44033,11031,97531,12531,18434,781

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,0164,3144,2973,9853,8124,1454,476
Premiums earned, net2,4812,593
Net investment income1,3631,3061,5511,3251,2341,4271,664
Financial services revenue2,6962,6522,6152,6812,779
Cost of revenue(2,657)(2,279)(2,603)(2,391)(2,308)(2,770)(2,840)
Policyholder benefits and claims incurred, net(2,417)(2,279)
Financial services costs(2,603)(2,391)(2,308)(2,586)(2,840)
Gross profit:1,3592,0351,6951,5951,5041,3751,636
Operating expenses(1,165)(1,079)(1,081)(1,050)(999)(1,150)(1,063)
Operating income:194956614545504225574
Nonoperating income
(Investment Income, Nonoperating)
28    2457
Interest and debt expense(160)(150)(124)(116)(128)(93)(171)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes212(1,071)(10)(75)(9)19(155)
Income (loss) from continuing operations before income taxes:274(265)481353368175305
Income tax expense (benefit)135(50)(305)5(97)(124)173
Income (loss) from continuing operations:409(315)17635827151478
Loss from discontinued operations     (43) 
Net income (loss):409(315)1763582718478
Other undisclosed net income attributable to parent     43 
Net income (loss) available to common stockholders, basic:409(315)17635827151478
Interest on convertible debt      2
Net income (loss) available to common stockholders, diluted:409(315)17635827151480

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):409(315)1763582718478
Other comprehensive income (loss)1,195(1,018)384220(423)94(466)
Comprehensive income (loss):1,604(1,333)560578(152)10212
Other undisclosed comprehensive income, net of tax, attributable to parent     43 
Comprehensive income (loss), net of tax, attributable to parent:1,604(1,333)560578(152)14512

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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