Corebridge Financial, Inc. balance sheet
At the end of fiscal 2025, Corebridge Financial, Inc. had total assets of $413.55bn, total liabilities of $399.59bn and shareholders' equity of $13.20bn. It held $453m in cash against $10.91bn of debt: net debt of $10.45bn.
Balance sheet
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0.9 | 0.6 | 0.6 | 0.6 | 0.8 | 0.5 | 0.4 |
| Goodwill | 0.2 | 0.2 | 0.2 | 0.1 | — | — | — |
| Total assets | 422.4 | 416.2 | 360.3 | 379.3 | 389.4 | 413.5 | 415.8 |
| Short-term debt | — | 8.3 | 1.5 | 0.3 | 1.1 | 0.0 | 1.3 |
| Long-term debt | — | 0.4 | 7.9 | — | — | — | — |
| Total debt | — | 15.7 | 15.3 | 11.9 | 12.4 | 10.9 | 12.2 |
| Total liabilities | 383.8 | 387.3 | 350.0 | 366.6 | 377.1 | 399.6 | 404.4 |
| Shareholders' equity | 36.1 | 27.1 | 9.4 | 11.8 | 11.5 | 13.2 | 10.7 |
| Net debt (negative = net cash) | −0.9 | 15.1 | 14.7 | 11.2 | 11.6 | 10.5 | 11.8 |
| Shares outstanding | — | — | 645m | 622m | 561m | 496m | 446m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 399.4 | 389.4 | 390.0 | 399.2 | 411.3 | 413.5 | 407.1 | 415.8 |
| Short-term debt | 0.0 | 1.1 | 1.1 | 0.1 | 0.0 | 0.0 | — | 1.3 |
| Total debt | 0.0 | 1.1 | 1.1 | 0.1 | 0.0 | 0.0 | — | 1.3 |
| Total liabilities | 385.0 | 377.1 | 377.2 | 386.0 | 397.0 | 399.6 | 395.5 | 404.4 |
| Shareholders' equity | 13.6 | 11.5 | 12.0 | 12.3 | 13.5 | 13.2 | 10.8 | 10.7 |
| Shares outstanding | 574m | 561m | 553m | 543m | 532m | 496m | 457m | 446m |
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