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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Retained earnings
Treasury stock, at cost
Total Genworth Financial, Inc.‘s stockholders' equity
Noncontrolling interests
Balances, beginning at Dec. 31, 2021 $ 4,285 $ 1 $ 11,858 $ (5,855) $ 225 $ (2,700) $ 3,529 $ 756
Comprehensive income (loss):                
Net income 270              
Balances, ending at Mar. 31, 2022 5,819 1 11,857 (4,549) 465 (2,700) 5,074 745
Balances, beginning at Dec. 31, 2021 4,285 1 11,858 (5,855) 225 (2,700) 3,529 756
Comprehensive income (loss):                
Net income 467 0 0 0 399 0 399 68
Other comprehensive income (loss), net of taxes 2,498 0 0 2,567 0 0 2,567 (69)
Total comprehensive income (loss) 2,965           2,966 (1)
Treasury stock acquired in connection with share repurchases (15) 0 0 0 0 (15) (15) 0
Dividends to noncontrolling interests (4) 0 0 0 0 0 0 (4)
Stock-based compensation expense and exercises and other 1 0 1 0 0 0 1 0
Balances, ending at Jun. 30, 2022 7,232 1 11,859 (3,288) 624 (2,715) 6,481 751
Balances, beginning at Mar. 31, 2022 5,819 1 11,857 (4,549) 465 (2,700) 5,074 745
Comprehensive income (loss):                
Net income 197 0 0 0 159 0 159 38
Other comprehensive income (loss), net of taxes 1,233 0 0 1,261 0 0 1,261 (28)
Total comprehensive income (loss) 1,430           1,420 10
Treasury stock acquired in connection with share repurchases (15) 0 0 0 0 (15) (15) 0
Dividends to noncontrolling interests (4) 0 0 0 0 0 0 (4)
Stock-based compensation expense and exercises and other 2 0 2 0 0 0 2 0
Balances, ending at Jun. 30, 2022 7,232 1 11,859 (3,288) 624 (2,715) 6,481 751
Balances, beginning at Dec. 31, 2022 8,386 1 11,869 (2,614) 1,139 (2,764) 7,631 755
Comprehensive income (loss):                
Net income 154              
Balances, ending at Mar. 31, 2023 8,232 1 11,863 (2,853) 1,261 (2,833) 7,439 793
Balances, beginning at Dec. 31, 2022 8,386 1 11,869 (2,614) 1,139 (2,764) 7,631 755
Repurchase of subsidiary shares (12) 0 0 0 0 0 0 (12)
Comprehensive income (loss):                
Net income 322 0 0 0 259 0 259 63
Other comprehensive income (loss), net of taxes (240) 0 0 (247) 0 0 (247) 7
Total comprehensive income (loss) 82           12 70
Treasury stock acquired in connection with share repurchases (183) 0 0 0 0 (183) (183) 0
Dividends to noncontrolling interests (9) 0 0 0 0 0 0 (9)
Stock-based compensation expense and exercises and other 3 0 0 0 0 0 0 3
Balances, ending at Jun. 30, 2023 8,267 1 11,869 (2,861) 1,398 (2,947) 7,460 807
Balances, beginning at Mar. 31, 2023 8,232 1 11,863 (2,853) 1,261 (2,833) 7,439 793
Repurchase of subsidiary shares (8) 0 0 0 0 0 0 (8)
Comprehensive income (loss):                
Net income 168 0 0 0 137 0 137 31
Other comprehensive income (loss), net of taxes (13) 0 0 (8) 0 0 (8) (5)
Total comprehensive income (loss) 155           129 26
Treasury stock acquired in connection with share repurchases (114) 0 0 0 0 (114) (114) 0
Dividends to noncontrolling interests (5) 0 0 0 0 0 0 (5)
Stock-based compensation expense and exercises and other 7 0 6 0 0 0 6 1
Balances, ending at Jun. 30, 2023 $ 8,267 $ 1 $ 11,869 $ (2,861) $ 1,398 $ (2,947) $ 7,460 $ 807