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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Premiums $ 927 $ 947 $ 1,858 $ 1,915
Net investment income 787 844 1,551 1,645
Net investment gains (losses) 8 70 36 103
Policy fees and other income 159 180 328 363
Total revenues 1,881 2,041 3,773 4,026
Benefits and expenses:        
Benefits and other changes in policy reserves 764 1,161 1,903 2,379
Interest credited 125 127 250 258
Acquisition and operating expenses, net of deferrals 589 304 860 579
Amortization of deferred acquisition costs and intangibles 84 86 176 163
Interest expense 26 43 52 94
Total benefits and expenses 1,588 1,721 3,241 3,473
Income from continuing operations before income taxes 293 320 532 553
Provision for income taxes 73 75 131 134
Income from continuing operations 220 245 401 419
Income (loss) from discontinued operations, net of taxes (1) (5) (3) 16
Net income 219 240 398 435
Less: net income from continuing operations attributable to noncontrolling interests 38 0 68 0
Less: net income from discontinued operations attributable to noncontrolling interests 0 0 0 8
Net income available to Genworth Financial, Inc.'s common stockholders 181 240 330 427
Net income available to Genworth Financial, Inc.'s common stockholders:        
Income from continuing operations available to Genworth Financial, Inc.‘s common stockholders 182 245 333 419
Income (loss) from discontinued operations available to Genworth Financial, Inc.'s common stockholders (1) (5) (3) 8
Net income available to Genworth Financial, Inc.'s common stockholders $ 181 $ 240 $ 330 $ 427
Income from continuing operations available to Genworth Financial, Inc.‘s common stockholders per share:        
Basic $ 0.36 $ 0.48 $ 0.65 $ 0.83
Diluted 0.36 0.47 0.65 0.82
Net income available to Genworth Financial, Inc.'s common stockholders per share:        
Basic [1] 0.36 0.47 0.65 0.84
Diluted [1] $ 0.35 $ 0.47 $ 0.64 $ 0.83
Weighted-average common shares outstanding:        
Basic 509.0 507.0 508.6 506.5
Diluted 514.2 515.0 515.8 514.4
[1] May not total due to whole number calculation.