XML 35 R166.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidating Income Statement (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:                      
Premiums                 $ 5,431us-gaap_PremiumsEarnedNet $ 5,148us-gaap_PremiumsEarnedNet $ 5,041us-gaap_PremiumsEarnedNet
Net investment income                 3,242us-gaap_NetInvestmentIncome 3,271us-gaap_NetInvestmentIncome 3,343us-gaap_NetInvestmentIncome
Net investment gains (losses)                 (20)us-gaap_GainLossOnInvestments (37)us-gaap_GainLossOnInvestments 27us-gaap_GainLossOnInvestments
Insurance and investment product fees and other                 912us-gaap_FeesAndCommissions 1,021us-gaap_FeesAndCommissions 1,229us-gaap_FeesAndCommissions
Total revenues 2,424us-gaap_Revenues 2,404us-gaap_Revenues 2,415us-gaap_Revenues 2,322us-gaap_Revenues 2,412us-gaap_Revenues 2,317us-gaap_Revenues 2,371us-gaap_Revenues 2,303us-gaap_Revenues 9,565us-gaap_Revenues 9,403us-gaap_Revenues 9,640us-gaap_Revenues
Benefits and expenses:                      
Benefits and other changes in policy reserves                 6,620us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 4,895us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 5,378us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
Interest credited                 737us-gaap_InterestCreditedToPolicyholdersAccountBalances 738us-gaap_InterestCreditedToPolicyholdersAccountBalances 775us-gaap_InterestCreditedToPolicyholdersAccountBalances
Acquisition and operating expenses, net of deferrals                 1,585us-gaap_SellingGeneralAndAdministrativeExpense 1,659us-gaap_SellingGeneralAndAdministrativeExpense 1,594us-gaap_SellingGeneralAndAdministrativeExpense
Amortization of deferred acquisition costs and intangibles                 571gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles 569gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles 722gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
Goodwill impairment                 849us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss 89us-gaap_GoodwillImpairmentLoss
Interest expense                 479us-gaap_InterestExpense 492us-gaap_InterestExpense 476us-gaap_InterestExpense
Total benefits and expenses 3,347us-gaap_BenefitsLossesAndExpenses [1] 3,376us-gaap_BenefitsLossesAndExpenses [1] 2,102us-gaap_BenefitsLossesAndExpenses [1] 2,016us-gaap_BenefitsLossesAndExpenses [1] 2,097us-gaap_BenefitsLossesAndExpenses 2,066us-gaap_BenefitsLossesAndExpenses 2,124us-gaap_BenefitsLossesAndExpenses 2,066us-gaap_BenefitsLossesAndExpenses 10,841us-gaap_BenefitsLossesAndExpenses 8,353us-gaap_BenefitsLossesAndExpenses 9,034us-gaap_BenefitsLossesAndExpenses
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries                 (1,276)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,050us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 606us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision (benefit) for income taxes                 (228)us-gaap_IncomeTaxExpenseBenefit 324us-gaap_IncomeTaxExpenseBenefit 138us-gaap_IncomeTaxExpenseBenefit
Equity in income (loss) of subsidiaries                 0us-gaap_IncomeLossFromEquityMethodInvestments 0us-gaap_IncomeLossFromEquityMethodInvestments 0us-gaap_IncomeLossFromEquityMethodInvestments
Income (loss) from continuing operations (708)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2] (787)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2] 228us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2] 219us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest [2] 245us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 146us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 174us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 161us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (1,048)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 726us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 468us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income (loss) from discontinued operations, net of taxes         0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 2us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 6us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (20)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (12)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 57us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income (loss) (708)us-gaap_ProfitLoss [2] (787)us-gaap_ProfitLoss [2] 228us-gaap_ProfitLoss [2] 219us-gaap_ProfitLoss [2] 245us-gaap_ProfitLoss 148us-gaap_ProfitLoss 180us-gaap_ProfitLoss 141us-gaap_ProfitLoss (1,048)us-gaap_ProfitLoss 714us-gaap_ProfitLoss 525us-gaap_ProfitLoss
Less: net income attributable to noncontrolling interests 52us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 57us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 52us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 35us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 37us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 40us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 39us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 38us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 196us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 154us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 200us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income (loss) available to Genworth Financial, Inc.'s common stockholders (760)us-gaap_NetIncomeLoss [2] (844)us-gaap_NetIncomeLoss [2] 176us-gaap_NetIncomeLoss [2] 184us-gaap_NetIncomeLoss [2] 208us-gaap_NetIncomeLoss 108us-gaap_NetIncomeLoss 141us-gaap_NetIncomeLoss 103us-gaap_NetIncomeLoss (1,244)us-gaap_NetIncomeLoss 560us-gaap_NetIncomeLoss 325us-gaap_NetIncomeLoss
Parent Guarantor                      
Revenues:                      
Premiums                 0us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Net investment income                 (2)us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
(1)us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Net investment gains (losses)                 0us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Insurance and investment product fees and other                 0us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Total revenues                 (2)us-gaap_Revenues
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
(1)us-gaap_Revenues
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_Revenues
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Benefits and expenses:                      
Benefits and other changes in policy reserves                 0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Interest credited                 0us-gaap_InterestCreditedToPolicyholdersAccountBalances
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_InterestCreditedToPolicyholdersAccountBalances
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_InterestCreditedToPolicyholdersAccountBalances
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Acquisition and operating expenses, net of deferrals                 21us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
33us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
7us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Amortization of deferred acquisition costs and intangibles                 0gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Goodwill impairment                 0us-gaap_GoodwillImpairmentLoss
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
  0us-gaap_GoodwillImpairmentLoss
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Interest expense                 0us-gaap_InterestExpense
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_InterestExpense
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_InterestExpense
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Total benefits and expenses                 21us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
33us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
7us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries                 (23)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
(34)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
(7)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Provision (benefit) for income taxes                 (8)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
13us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
(3)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Equity in income (loss) of subsidiaries                 (1,229)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
607us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
329us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Income (loss) from continuing operations                 (1,244)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
560us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
325us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Income (loss) from discontinued operations, net of taxes                 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Net income (loss)                 (1,244)us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
560us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
325us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Less: net income attributable to noncontrolling interests                 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Net income (loss) available to Genworth Financial, Inc.'s common stockholders                 (1,244)us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
560us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
325us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= gnw_ParentGuarantorMember
Issuer                      
Revenues:                      
Premiums                 0us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Net investment income                 0us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
1us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
1us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Net investment gains (losses)                 4us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
6us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
(29)us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Insurance and investment product fees and other                 (4)us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
(1)us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Total revenues                 0us-gaap_Revenues
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
7us-gaap_Revenues
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
(29)us-gaap_Revenues
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Benefits and expenses:                      
Benefits and other changes in policy reserves                 0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Interest credited                 0us-gaap_InterestCreditedToPolicyholdersAccountBalances
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_InterestCreditedToPolicyholdersAccountBalances
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_InterestCreditedToPolicyholdersAccountBalances
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Acquisition and operating expenses, net of deferrals                 0us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
32us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
8us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Amortization of deferred acquisition costs and intangibles                 0gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Goodwill impairment                 0us-gaap_GoodwillImpairmentLoss
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
  0us-gaap_GoodwillImpairmentLoss
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Interest expense                 321us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
322us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
315us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Total benefits and expenses                 321us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
354us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
323us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries                 (321)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
(347)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
(352)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Provision (benefit) for income taxes                 (112)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
(120)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
(110)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Equity in income (loss) of subsidiaries                 (1,147)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
796us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
636us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Income (loss) from continuing operations                 (1,356)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
569us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
394us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Income (loss) from discontinued operations, net of taxes                 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
(29)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Net income (loss)                 (1,356)us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
540us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
394us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Less: net income attributable to noncontrolling interests                 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
Net income (loss) available to Genworth Financial, Inc.'s common stockholders                 (1,356)us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
540us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
394us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_SubsidiaryIssuerMember
All Other Subsidiaries                      
Revenues:                      
Premiums                 5,431us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
5,148us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
5,041us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Net investment income                 3,259us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
3,286us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
3,357us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Net investment gains (losses)                 (24)us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(43)us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
56us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Insurance and investment product fees and other                 917us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
1,025us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
1,234us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Total revenues                 9,583us-gaap_Revenues
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
9,416us-gaap_Revenues
/ dei_LegalEntityAxis
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9,688us-gaap_Revenues
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= us-gaap_NonGuarantorSubsidiariesMember
Benefits and expenses:                      
Benefits and other changes in policy reserves                 6,620us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
4,895us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
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5,378us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Interest credited                 737us-gaap_InterestCreditedToPolicyholdersAccountBalances
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= us-gaap_NonGuarantorSubsidiariesMember
738us-gaap_InterestCreditedToPolicyholdersAccountBalances
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775us-gaap_InterestCreditedToPolicyholdersAccountBalances
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= us-gaap_NonGuarantorSubsidiariesMember
Acquisition and operating expenses, net of deferrals                 1,564us-gaap_SellingGeneralAndAdministrativeExpense
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= us-gaap_NonGuarantorSubsidiariesMember
1,594us-gaap_SellingGeneralAndAdministrativeExpense
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1,579us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Amortization of deferred acquisition costs and intangibles                 571gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
569gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
722gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Goodwill impairment                 849us-gaap_GoodwillImpairmentLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
  89us-gaap_GoodwillImpairmentLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Interest expense                 174us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
189us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
179us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Total benefits and expenses                 10,515us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
7,985us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
8,722us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries                 (932)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
1,431us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
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966us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Provision (benefit) for income taxes                 (104)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
431us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
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251us-gaap_IncomeTaxExpenseBenefit
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0us-gaap_IncomeLossFromEquityMethodInvestments
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(38)us-gaap_IncomeLossFromEquityMethodInvestments
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1,000us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
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677us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
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Income (loss) from discontinued operations, net of taxes                 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
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17us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
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57us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Net income (loss)                 (828)us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
1,017us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
734us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
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/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
154us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
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200us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Net income (loss) available to Genworth Financial, Inc.'s common stockholders                 (1,024)us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
863us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
534us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
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Eliminations                      
Revenues:                      
Premiums                 0us-gaap_PremiumsEarnedNet
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0us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0us-gaap_PremiumsEarnedNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Net investment income                 (15)us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(15)us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(15)us-gaap_NetInvestmentIncome
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Net investment gains (losses)                 0us-gaap_GainLossOnInvestments
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= us-gaap_ConsolidationEliminationsMember
0us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0us-gaap_GainLossOnInvestments
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Insurance and investment product fees and other                 (1)us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
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(4)us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(4)us-gaap_FeesAndCommissions
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
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/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(19)us-gaap_Revenues
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(19)us-gaap_Revenues
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Benefits and expenses:                      
Benefits and other changes in policy reserves                 0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
/ dei_LegalEntityAxis
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Interest credited                 0us-gaap_InterestCreditedToPolicyholdersAccountBalances
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= us-gaap_ConsolidationEliminationsMember
0us-gaap_InterestCreditedToPolicyholdersAccountBalances
/ dei_LegalEntityAxis
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0us-gaap_InterestCreditedToPolicyholdersAccountBalances
/ dei_LegalEntityAxis
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Acquisition and operating expenses, net of deferrals                 0us-gaap_SellingGeneralAndAdministrativeExpense
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= us-gaap_ConsolidationEliminationsMember
0us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0us-gaap_SellingGeneralAndAdministrativeExpense
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Amortization of deferred acquisition costs and intangibles                 0gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0gnw_AmortizationOfDeferredAcquisitionCostsAndIntangibles
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Goodwill impairment                 0us-gaap_GoodwillImpairmentLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
  0us-gaap_GoodwillImpairmentLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Interest expense                 (16)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(19)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(18)us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Total benefits and expenses                 (16)us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(19)us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(18)us-gaap_BenefitsLossesAndExpenses
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries                 0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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= us-gaap_ConsolidationEliminationsMember
0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
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(1)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Provision (benefit) for income taxes                 (4)us-gaap_IncomeTaxExpenseBenefit
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0us-gaap_IncomeTaxExpenseBenefit
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0us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
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Equity in income (loss) of subsidiaries                 2,376us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(1,403)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
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(927)us-gaap_IncomeLossFromEquityMethodInvestments
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Income (loss) from continuing operations                 2,380us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
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= us-gaap_ConsolidationEliminationsMember
(1,403)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(928)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Income (loss) from discontinued operations, net of taxes                 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Net income (loss)                 2,380us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(1,403)us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
(928)us-gaap_ProfitLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Less: net income attributable to noncontrolling interests                 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
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0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
Net income (loss) available to Genworth Financial, Inc.'s common stockholders                 $ 2,380us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
$ (1,403)us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ConsolidationEliminationsMember
$ (928)us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
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[1] During the fourth quarter of 2014, we completed our annual loss recognition testing of our long-term care insurance business which resulted in additional expenses of $735 million. During the fourth quarter of 2014, we also recorded goodwill impairments of $299 million in our U.S. Life Insurance segment. In the fourth quarter of 2014, we recorded a correction of $49 million in our life insurance business related to reserves on a reinsurance transaction. Our long-term care insurance claim reserves also increased in the fourth quarter of 2014 as a result of a $67 million unfavorable correction related to claims in course of settlement arising in connection with the implementation of our updated assumptions and methodologies as part of our comprehensive claims review completed in the third quarter of 2014, partially offset by a $43 million favorable refinement of assumptions for claim termination rates.
[2] During the fourth quarter of 2014, we completed our annual loss recognition testing of our long-term care insurance business which resulted in additional charges of $478 million, net of taxes. During the fourth quarter of 2014, we also recorded goodwill impairments of $274 million, net of taxes, in our U.S. Life Insurance segment. There was a $66 million net tax impact in the fourth quarter of 2014 from potential business portfolio changes. As we consider potential business portfolio changes, we recognized a charge of $174 million in the fourth quarter of 2014 associated with our Australian mortgage insurance business as we can no longer assert our intent to permanently reinvest earnings in that business. In addition, in the fourth quarter of 2014, we recognized a net $108 million of tax benefits in our lifestyle protection insurance business primarily from an internal debt restructuring related to the planned sale of that business. We recorded a correction of $32 million, net of taxes, in our life insurance business related to reserves on a reinsurance transaction in the fourth quarter of 2014. Our long-term care insurance claim reserves also increased in the fourth quarter of 2014 as a result of a $44 million unfavorable correction related to claims in course of settlement arising in connection with the implementation of our updated assumptions and methodologies as part of our comprehensive claims review completed in the third quarter of 2014, partially offset by a $28 million favorable refinement of assumptions for claim termination rates.