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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net income $ 110 $ 168 $ 279 $ 322
Other comprehensive income (loss), net of taxes:        
Net unrealized gains (losses) on securities without an allowance for credit losses (427) (567) (913) 358
Net unrealized gains (losses) on securities with an allowance for credit losses 0 6 0 0
Derivatives qualifying as hedges (119) (120) (280) (46)
Change in discount rate used to measure future policy benefits 958 664 2,063 (561)
Change in instrument-specific credit risk of market risk benefits 0 0 2 1
Foreign currency translation and other adjustments (5) 4 (5) 8
Total other comprehensive income (loss) 407 (13) 867 (240)
Total comprehensive income 517 155 1,146 82
Less: comprehensive income attributable to noncontrolling interests 34 26 63 70
Total comprehensive income available to Genworth Financial, Inc.'s common stockholders $ 483 $ 129 $ 1,083 $ 12