Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type

CNO FINL GRP   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Insurance policy income2,558.502,505.502,499.802,523.402,511.302,480.802,593.102,647.302,601.102,556.00
Net realized investment gains (losses)(75.60)(69.30)(135.40)19.10(36.20)40.60(8.70)77.4047.90(8.00)
Gain on dissolution of a variable interest entity--------------(4.30)(7.30)11.30
Net realized gains on the transfer of assets related to reinsurance transaction------------363.40------
Net investment income (loss): General account assets1,419.401,250.201,179.001,140.201,079.001,105.201,279.701,285.401,204.101,203.60
Net investment income (loss): Policyholder and reinsurer accounts329.40249.50(163.10)280.50143.50257.7026.50265.90121.1030.00
Venture capital income (loss) related to investment in AT&T Wireless Services, Inc--------------------
Fee revenue and other income192.10210.60196.50159.00123.50143.9062.1048.3050.5058.90
Total other-than-temporary impairment losses----------(12.40)(2.60)(21.90)(35.90)(42.90)
Other-than-temporary impairment losses recognized in other comprehensive loss25.700.30--------0.00(0.90)3.603.00
Total Revenues4,449.504,146.803,576.804,122.203,821.104,015.804,313.504,297.203,985.103,811.90
Insurance policy benefits2,471.902,318.201,658.302,190.702,157.902,417.002,278.602,602.702,390.502,308.30
Liability for future policy benefits remeasurement loss(41.10)(21.20)----------------
Change in fair value of market risk benefits(60.50)(21.30)----------------
Provision for losses--------------------
Amortization251.20227.40309.60281.10268.10232.10264.30239.30253.30260.00
Gain on reinsurance recapture--------------------
Other operating costs and expenses(1,055.30)(1,048.30)(954.60)(987.30)(942.00)(932.90)(814.20)(841.50)(796.30)(739.20)
Interest expense254.40238.60137.0095.40108.80152.30149.80123.70116.4094.90
Loss (gain) on extinguishment of debt----------------0.00(32.80)
Costs related to the tentative litigation settlement--------------------
Reorganization items--------------------
Gain on extinguishment of debt------0.000.00(7.30)--------
Gain (Loss) related to an annuity coinsurance transaction--------------------
Loss on sale of subsidiary------------(1,067.60)--(75.40)(9.00)
Loss on extinguishment of borrowings related to variable interest entities------------(3.80)(9.50)----
Income (loss) before income taxes518.30356.80517.30567.70344.30274.20(264.80)480.50353.20367.70
Income tax expense on period income114.3080.30120.50126.7076.5058.50(57.60)162.80127.80129.50
Current tax expense (benefit)26.4068.3031.8064.10(24.00)19.20(2.80)90.80(45.20)10.70
Deferred tax provision87.9012.0088.7062.60100.5039.3093.1072.00173.00118.60
Valuation allowance for deferred tax assets--------(34.00)(193.70)107.80142.10(132.80)(32.50)
Change in valuation allowance----------(193.70)95.70(13.40)----
Valuation allowance applicable to current year income------------8.90(15.30)(14.00)(32.50)
Tax expense related to the sale of CLIC--------------------
Other items------------3.20(1.70)10.900.20
Impact of federal tax reform--------------310.60----
Change in valuation allowance related to federal tax reform--------------(138.10)----
Income (loss) from Continuing Operations--------------------
Discontinued operations, net of income taxes--------------------
Net income (loss)--------------------
Net income before Prefered dividend and Other Adjustments--------------------
Preferred stock dividends--------------------
Interest expense on Debentures, net of income taxes--------------------
Net income (loss) applicable to common stock404.00276.50396.80441.00301.80409.40(315.00)175.60358.20270.70
Net income allocated to common shares assuming dilution------------(315.00)--358.20270.70
Basic: Income (loss) from Continuing Operations--------------------
Basic: Discontinued operations--------------------
Basic: Net income (loss)3.812.443.433.432.122.62(1.90)1.032.031.40
Diluted: Income (loss) from Continuing Operations--------------------
Diluted: Discontinued operations--------------------
Diluted: Net income (loss)3.742.403.373.362.112.61(1.90)1.022.011.39
Basic: Weighted average shares outstanding106.14113.28115.73128.40142.10156.04165.46170.03176.64193.05
Diluted: Weighted average shares outstanding108.12115.12117.72131.13143.16157.15165.46172.14178.32195.17