Fidelity & Guaranty Life (FGL) financial statements (2020 and earlier)

Company profile

Business Address TWO RUAN CENTER
DES MOINES, IA 50309
State of Incorp. DE
Fiscal Year End September 30
SIC 6311 - Life Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2017
9/30/2016
9/30/2015
9/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments885864502576
Cash and cash equivalents885864502576
Total current assets:885864502576
Noncurrent Assets
Intangible assets, net (including goodwill)1,1291,026988515
Intangible assets, net (excluding goodwill)1,1291,026988515
Total noncurrent assets:1,1291,026988515
Other undisclosed assets26,95125,14523,43523,061
TOTAL ASSETS:28,96527,03524,92524,153
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities26,71825,10123,42322,494
Total liabilities:26,71825,10123,42322,494
Stockholders' equity
Stockholders' equity attributable to parent2,2471,9341,5021,659
Common stock1111
Treasury stock, value(13)(12)(11) 
Additional paid in capital716714714702
Accumulated other comprehensive income54343988350
Retained earnings1,000792710607
Total stockholders' equity:2,2471,9341,5021,659
TOTAL LIABILITIES AND EQUITY:28,96527,03524,92524,153

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

9/30/2017
9/30/2016
9/30/2015
9/30/2014
Revenues1,5301,1399611,190
Net investment income  851760
Financial services revenue167127353502
Cost of revenue(843)(791)(702)(788)
Financial services costs(843)(791)(578)(788)
Gross profit:687348259403
Operating expenses(330)(173)(53)(191)
Operating income:357175206211
Nonoperating income
(Investment Income, Nonoperating)
  7941,050
Interest and debt expense(24)(22)24(23)
Income from continuing operations before equity method investments, income taxes:3331531,0241,239
Other undisclosed loss from continuing operations before income taxes  (842)(1,050)
Income from continuing operations before income taxes:333153182189
Income tax expense(110)(56)(64)(26)
Net income available to common stockholders, diluted:22397118163

Comprehensive Income ($ in millions)

9/30/2017
9/30/2016
9/30/2015
9/30/2014
Net income:22397118163
Other comprehensive income (loss)104351(261)237
Comprehensive income (loss), net of tax, attributable to parent:327448(143)399

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: