XML 41 R29.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Basic and diluted earnings per share are calculated by dividing each income (loss) category presented below by the weighted-average basic and diluted common shares outstanding for the periods indicated:


	Three months ended June 30,					Six months ended June 30,
(Amounts in millions, except per share amounts)	2024			2023		2024			2023
Weighted-average common shares used in basic earnings per share calculations		436.4			473.2		439.7			482.7
Potentially dilutive securities:
Performance stock units, restricted stock units and other equity-based awards		4.3			4.9		5.8			6.4

Weighted-average common shares used in diluted earnings per share calculations		440.7			478.1		445.5			489.1

Income from continuing operations:
Income from continuing operations	$	111		$	166	$	281		$	320
Less: net income from continuing operations attributable to noncontrolling interests		34			31		64			63

Income from continuing operations available to Genworth Financial, Inc.’s common stockholders	$	77		$	135	$	217		$	257

Basic per share	$	0.18		$	0.28	$	0.49		$	0.53

Diluted per share	$	0.17		$	0.28	$	0.49		$	0.53

Income (loss) from discontinued operations:
Income (loss) from discontinued operations, net of taxes	$	(1	)	$	2	$	(2	)	$	2

Basic per share	$	—		$	0.01	$	—		$	0.01

Diluted per share	$	—		$	0.01	$	—		$	0.01

Net income:
Income from continuing operations	$	111		$	166	$	281		$	320
Income (loss) from discontinued operations, net of taxes		(1	)		2		(2	)		2

Net income		110			168		279			322
Less: net income attributable to noncontrolling interests		34			31		64			63

Net income available to Genworth Financial, Inc.’s common stockholders	$	76		$	137	$	215		$	259

Basic per share (1)	$	0.17		$	0.29	$	0.49		$	0.54

Diluted per share (1)	$	0.17		$	0.29	$	0.48		$	0.53

(1)	May not total due to whole number calculation.