Corebridge Financial (Corebridge Financial) Change In Working Capital : $310 Mil (TTM As of Mar. 2024)

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What is Corebridge Financial Change In Working Capital?

Corebridge Financial's change in working capital for the quarter that ended in Mar. 2024 was $-379 Mil.

Corebridge Financial's change in working capital for the fiscal year that ended in Dec. 2023 was $801 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Corebridge Financial Change In Working Capital Historical Data

The historical data trend for Corebridge Financial's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Corebridge Financial Change In Working Capital Chart

Corebridge Financial Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

2,021.00

2,964.00

-759.00

-6,132.00

801.00

Corebridge Financial Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Working Capital	Get a 7-Day Free Trial										112.00	179.00	-778.00	1,288.00	-379.00

Corebridge Financial Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $310 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows	Fiscal Years Ended	January 31,	(Amounts in millions)
Cash flows from operating activities:	2014	2013	2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net	(566)	(614)	(796)
Inventories	(1,667)	(2,759)	(3,727)
Accounts payable	531	1,061	2,687
Accrued liabilities	103	271	(935)
Accrued income taxes	(1,224)	981	994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

Corebridge Financial Change In Working Capital Related Terms

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Corebridge Financial (Corebridge Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Corebridge Financial Inc (NYSE:CRBG) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

AS5:Germany

Address

2919 Allen Parkway, Woodson Tower, Houston, TX, USA, 77019

Website

https://www.corebridgefinancial.com

Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other.

Executives

American International Group, Inc.	10 percent owner	1271 AVE OF THE AMERICAS, FL 37, NEW YORK NY 10020-1304
John P Byrne	officer: Pres of Financial Distributors	7428 FOXBURG COURT, CLARKSTON MI 48348
Timothy M Heslin	officer: President of Life Insurance	4401 FARRISWOOD DR., NASHVILLE TN 37204
Bryan A Pinsky	officer: Pres of Individual Retirement	405 10TH ST., MANHATTAN BEACH CA 90266
Caldwell Steven Douglas Jr	officer: Chief Risk Officer	39 GRAMERCY PARK N APT 1BC, NEW YORK NY 10010
Christopher Brian Smith	officer: Chief Operating Officer	42 WADE DRIVE, SUMMIT NJ 07901
Lisa Longino	officer: Chief Investment Officer	C/O COREBRIDGE FINANCIAL, INC., 2919 ALLEN PARKWAY, WOODSON TOWER, HOUSTON TX 77019
Hunter Constance	officer: Head of Strategy	1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Katherine Ann Anderson	officer: Chief Risk Officer	C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Elizabeth Palmer	officer: Chief Marketing Officer	C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Alan Leonard Smith	officer: Chief Human Resources Officer	C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Terri N Fiedler	officer: President Retirement Services	C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS NY 91367
Todd P Solash	officer: President, IR and Life	C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Jonathan J Novak	officer: President of IM	C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Mia W Tarpey	officer: Chief Operating Officer	C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367