← Jackson Financial Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — $6.2b $954.0m $976.0m $72.0m
Net Income (Loss) Attributable to Parent ($1.6b) $3.2b $5.7b $934.0m $946.0m $27.0m
Net Income (Loss) Available to Common Stockholders, Basic ($1.6b) $3.4b $5.7b $899.0m $902.0m ($17.0m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($1.6b) $3.4b $5.7b $954.0m $976.0m $72.0m
Net Income (Loss) Attributable to Noncontrolling Interest ($3.0m) $262.0m $43.0m $20.0m $30.0m $45.0m
Deferred Policy Acquisition Costs, Amortization Expense $533.0m ($519.0m) ($1.7b) $622.0m $415.0m $227.0m
Depreciation $11.0m $11.0m — — — —
Amortization Of Securities — — $11.0m ($27.0m) ($33.0m) ($39.0m)
Deferred Income Tax Expense (Benefit) ($776.0m) $675.0m $1.4b ($207.0m) $294.0m ($173.0m)
Deferred Income Tax — — $1.5b ($207.0m) $294.0m ($173.0m)
Deferred Tax — — $1.5b ($207.0m) $294.0m ($173.0m)
Share-based Payment Arrangement, Noncash Expense $56.0m $129.0m $131.0m $107.0m $191.0m $132.0m
Share-based Payment Arrangement, Expense $56.0m $129.0m $131.0m $107.0m $191.0m $132.0m
Equity Method Investment, Realized Gain (Loss) on Disposal — — — ($97.0m) — —
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — ($41.0m) $28.0m
Income Tax Expense (Benefit) ($854.0m) $602.0m $1.4b $4.0m $46.0m ($186.0m)
Additional Financial Items
Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded $17.0m $2.0m — — — —
Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded — — $54.0m $60.0m $59.0m $8.0m
General and Administrative Expense $996.0m $1.1b $875.0m $1.0b $1.1b $1.1b
Market Risk Benefit, Change in Fair Value, Gain (Loss) — ($4.0b) ($3.5b) $3.9b $3.8b ($605.0m)
Proceeds from Contributions from Affiliates — — — $111.0m $29.0m $126.0m
Financing Receivable, Credit Loss, Expense (Reversal) $108.0m ($85.0m) $1.0m $136.0m — —
Realized Investment Gains (Losses) $377.0m $182.0m ($359.0m) ($554.0m) ($11.0m) ($116.0m)
Beginning Cash Position — — $2.6b $4.3b $2.7b $3.8b
Cash Flow From Continuing Financing Activities — — ($2.2b) ($6.3b) $2.4b $3.9b
Cash Flow From Continuing Investing Activities — — ($1.4b) ($592.0m) ($7.1b) ($7.8b)
Change In Other Current Assets — $521.0m $305.0m $123.0m — —
Change In Other Working Capital — — $232.0m $103.0m $78.0m $55.0m
Change In Working Capital — — ($315.0m) ($4.0m) ($301.0m) ($244.0m)
Changes In Cash — — $1.7b ($1.6b) $1.1b $1.9b
End Cash Position — — $4.3b $2.7b $3.8b $5.7b
Financing Cash Flow — — ($2.2b) ($6.3b) $2.4b $3.9b
Free Cash Flow — — $5.2b $5.3b $5.8b $5.8b
Gain Loss On Investment Securities — — $359.0m $554.0m $11.0m $116.0m
Interest Received CFO — — $866.0m $1.1b $1.1b $1.2b
Investing Cash Flow — — ($1.4b) ($592.0m) ($7.1b) ($7.8b)
Issuance Of Capital Stock — — $0 $533.0m $0 $0
Net Preferred Stock Issuance — — $0 $533.0m $0 $0
Operating Gains Losses — — $359.0m $554.0m $11.0m $116.0m
Other Non Cash Items — — ($6.3b) ($2.5b) ($3.3b) $1.4b
Preferred Stock Issuance — — $0 $533.0m $0 $0
Repurchase Of Capital Stock — — ($321.0m) ($306.0m) ($442.0m) ($669.0m)
Stock Based Compensation — — $131.0m $107.0m $191.0m $132.0m
Gain (Loss) on Investments $377.0m $182.0m ($359.0m) ($554.0m) ($11.0m) ($116.0m)
Derivative, Gain (Loss) on Derivative, Net ($7.3b) ($2.6b) $2.0b ($5.3b) ($6.8b) ($3.2b)
Gain (Loss) on Derivative Instruments, Net, Pretax ($8.3b) ($1.9b) $5.4b ($6.0b) ($6.9b) —
Net Cash Provided by (Used in) Operating Activities $3.8b $5.7b $5.2b $5.3b $5.8b $5.8b
Cash flows from investing activities:
Net Investment Purchase And Sale — — ($910.0m) ($2.1b) ($7.4b) ($7.2b)
Purchase Of Investment — — ($12.5b) ($13.9b) ($18.2b) ($15.7b)
Sale Of Investment — — $11.6b $11.8b $10.8b $8.5b
Payments for (Proceeds from) Other Investing Activities ($334.0m) $554.0m $343.0m ($623.0m) $339.0m $238.0m
Net Other Investing Changes — — ($343.0m) $623.0m ($339.0m) ($238.0m)
Net Cash Provided by (Used in) Investing Activities ($4.3b) ($1.3b) ($1.4b) ($592.0m) ($7.1b) ($7.8b)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — — $297.0m $948.0m $736.0m
Issuance Of Debt — — $750.0m $547.0m $1.4b $736.0m
Long Term Debt Issuance — — $750.0m $547.0m $1.4b $736.0m
Net Issuance Payments Of Debt — — ($75.0m) ($407.0m) $867.0m ($496.0m)
Net Long Term Debt Issuance — — ($75.0m) ($407.0m) $867.0m ($496.0m)
Repayments of Long-term Debt — — — $351.0m $526.0m $527.0m
Long Term Debt Payments — — ($825.0m) ($954.0m) ($531.0m) ($1.2b)
Repayment Of Debt — — ($825.0m) ($954.0m) ($531.0m) ($1.2b)
Proceeds from Issuance of Common Stock $500.0m $0 $0 — — —
Common Stock Issuance — $5.0m $0 $0 — —
Net Common Stock Issuance — — ($321.0m) ($306.0m) ($442.0m) ($669.0m)
Payments for Repurchase of Common Stock $0 $211.0m $321.0m $306.0m $442.0m $669.0m
Payments of Ordinary Dividends, Common Stock $0 $50.0m $186.0m $201.0m $211.0m $223.0m
Common Stock Payments — — ($321.0m) ($306.0m) ($442.0m) ($669.0m)
Cash Dividends Paid — — ($186.0m) ($236.0m) ($255.0m) ($267.0m)
Common Stock Dividend Paid — — ($186.0m) ($201.0m) ($211.0m) ($223.0m)
Preferred Stock Dividend Paid — — $0 ($35.0m) ($44.0m) ($44.0m)
Net Other Financing Charges — — ($1.0b) ($4.9b) $671.0m $5.9b
Net Cash Provided by (Used in) Financing Activities $640.0m ($3.8b) ($2.2b) ($6.3b) $2.4b $3.9b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $84.0m $612.0m $1.7b ($1.6b) $1.1b $1.9b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $2.0b $2.6b $4.3b $2.7b $3.8b $5.7b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — $1.7b ($1.6b) $1.1b $1.9b
Interest Paid, Excluding Capitalized Interest, Operating Activities $81.0m $30.0m $107.0m $183.0m $263.0m $233.0m
Income Taxes Paid, Net $4.0m ($403.0m) ($5.0m) ($21.0m) ($8.0m) ($97.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.