7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-03-31 2018-06-30 2017-09-30 2017-06-30 2017-03-31 2016-03-31 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 
      
    		                                      
      assets:
    		                                      
      investments:
    		                                      
      fixed maturities, available-for-sale, at fair value
    		26,756,000,000 26,138,000,000 25,978,000,000 24,089,000,000 25,074,000,000 24,325,000,000 24,561,000,000 25,375,000,000 24,663,000,000 25,955,000,000 27,018,000,000 27,044,000,000 27,850,000,000 29,324,000,000 31,127,000,000 33,699,000,000 34,320,000,000 33,983,000,000 33,355,000,000 43,569,000,000 42,330,000,000 40,938,000,000 37,584,000,000 47,923,000,000 46,104,000,000 70,380,400,000 70,239,000,000 69,139,200,000 69,248,800,000 68,162,500,000 71,417,400,000 70,155,700,000 70,924,300,000 70,449,700,000 68,317,800,000 69,171,400,000 69,843,400,000 70,622,900,000 
      fixed maturities, at fair value using the fair value option
    		1,730,000,000 1,874,000,000 1,854,000,000 1,849,000,000 2,009,000,000 1,873,000,000 1,913,000,000 2,076,000,000 1,955,000,000 2,090,000,000 2,224,000,000 2,151,000,000 2,066,000,000 2,159,000,000 2,242,000,000 2,354,000,000 2,528,000,000 2,562,000,000 2,690,000,000 3,011,000,000 3,014,000,000 3,098,000,000 2,855,000,000 3,159,000,000 2,983,000,000 3,727,600,000 3,774,900,000 3,678,900,000 3,778,100,000 3,568,100,000 3,675,300,000 3,557,800,000 3,538,700,000 3,082,100,000 2,935,300,000 2,910,200,000 2,771,600,000 2,675,800,000 
      equity securities, at fair value
    		198,000,000 210,000,000 209,000,000 246,000,000 251,000,000 240,000,000 219,000,000 236,000,000 301,000,000 309,000,000 308,000,000 336,000,000 337,000,000 234,000,000 232,000,000 240,000,000 288,000,000 354,000,000 393,000,000 242,000,000 371,000,000 225,000,000 176,000,000 355,000,000 385,000,000              
      short-term investments
    		176,000,000 189,000,000 149,000,000 94,000,000 103,000,000 98,000,000 176,000,000 213,000,000 297,000,000 49,000,000 33,000,000 356,000,000 31,000,000 36,000,000 57,000,000 97,000,000 102,000,000 190,000,000 306,000,000 111,000,000 70,000,000 73,000,000 80,000,000 192,000,000 102,000,000 713,200,000 533,600,000 578,200,000 1,360,200,000 1,064,500,000 1,615,500,000 1,173,100,000 775,900,000 1,046,200,000 1,048,100,000 2,547,300,000 2,404,800,000 2,992,100,000 
      mortgage loans on real estate
    		5,393,000,000 5,512,000,000 5,585,000,000 4,675,000,000 4,822,000,000 4,977,000,000 5,092,000,000 5,192,000,000 5,344,000,000 5,339,000,000  5,427,000,000 5,408,000,000 5,415,000,000 5,535,000,000 5,627,000,000 5,598,000,000 5,612,000,000 5,663,000,000 6,741,000,000 6,762,000,000 6,830,000,000 6,947,000,000                
      policy loans
    		327,000,000 331,000,000 336,000,000 342,000,000 345,000,000 345,000,000 349,000,000 352,000,000 358,000,000 358,000,000 359,000,000 363,000,000 368,000,000 373,000,000 381,000,000 392,000,000 402,000,000 413,000,000 424,000,000 718,000,000 735,000,000 746,000,000 763,000,000 1,827,000,000 1,849,000,000 1,915,900,000 1,906,000,000 1,934,900,000 2,009,400,000 2,034,100,000 2,074,100,000 2,104,200,000 2,113,700,000 2,119,700,000 2,147,000,000 2,147,500,000 2,144,900,000 2,204,400,000 
      limited partnerships/corporations
    		1,964,000,000 1,970,000,000 1,881,000,000 1,836,000,000 1,736,000,000 1,723,000,000 1,708,000,000 1,621,000,000 1,792,000,000 1,800,000,000 1,794,000,000 1,781,000,000 1,783,000,000 1,848,000,000 1,852,000,000 1,739,000,000 1,671,000,000 1,543,000,000 1,487,000,000 1,476,000,000 1,383,000,000 1,376,000,000 1,343,000,000 1,166,000,000 1,070,000,000 947,700,000 929,500,000 826,700,000 560,100,000 471,800,000 375,500,000 348,200,000 343,900,000 218,900,000 236,400,000 390,000,000 430,200,000 468,500,000 
      derivatives
    		185,000,000 199,000,000 249,000,000 303,000,000 225,000,000 316,000,000 378,000,000 311,000,000 482,000,000 444,000,000 342,000,000 422,000,000 495,000,000 277,000,000 191,000,000 171,000,000 139,000,000 157,000,000 205,000,000 215,000,000 270,000,000 809,000,000 875,000,000 314,000,000 376,000,000 1,564,300,000 1,396,600,000 1,303,500,000 2,484,200,000 1,429,300,000 2,127,000,000 1,136,800,000 1,094,600,000 1,044,700,000 1,149,300,000 1,087,400,000 1,174,400,000 2,077,000,000 
      other investments
    		73,000,000 79,000,000 69,000,000 67,000,000 66,000,000 64,000,000 64,000,000 64,000,000 63,000,000 69,000,000 70,000,000 68,000,000 71,000,000 76,000,000 79,000,000 79,000,000 75,000,000 75,000,000 80,000,000 319,000,000 319,000,000 319,000,000 392,000,000 89,000,000 90,000,000 79,500,000 54,000,000 43,300,000 89,900,000 93,300,000 97,000,000 106,800,000 120,200,000 124,100,000 124,600,000 145,700,000 168,400,000 166,700,000 
      securities pledged
    		1,397,000,000 1,077,000,000 1,393,000,000 1,523,000,000 1,463,000,000 1,274,000,000 1,227,000,000 1,160,000,000 1,002,000,000 1,148,000,000 1,226,000,000 1,162,000,000 1,123,000,000 1,183,000,000 1,265,000,000 1,198,000,000 1,320,000,000 1,094,000,000 949,000,000 449,000,000 827,000,000 1,122,000,000 1,555,000,000 2,084,000,000 1,994,000,000 3,248,500,000 2,023,900,000 2,187,300,000 2,120,400,000 976,500,000 1,209,700,000 1,021,600,000 1,145,100,000 1,271,300,000 1,465,700,000 1,312,600,000 1,357,000,000 1,774,700,000 
      total investments
    		38,199,000,000 37,579,000,000 37,703,000,000 35,024,000,000 36,094,000,000 35,235,000,000 35,687,000,000 36,600,000,000 36,257,000,000 37,561,000,000 38,703,000,000 39,110,000,000 39,519,000,000 40,913,000,000 42,950,000,000 45,581,000,000 46,429,000,000 45,995,000,000 45,494,000,000 56,851,000,000 56,081,000,000 55,536,000,000 52,570,000,000 65,625,000,000 63,857,000,000 95,741,600,000 93,851,200,000 92,375,400,000 92,987,700,000 88,446,400,000 93,069,600,000 89,824,400,000 89,821,300,000 88,891,400,000 87,050,800,000 89,007,300,000 89,504,800,000 92,213,800,000 
      cash and cash equivalents
    		1,157,000,000 1,179,000,000 868,000,000 1,399,000,000 1,457,000,000 1,066,000,000 995,000,000 937,000,000 829,000,000 1,195,000,000 724,000,000 919,000,000 840,000,000 954,000,000 1,011,000,000 1,402,000,000 1,677,000,000 1,765,000,000 1,170,000,000 1,502,000,000 1,052,000,000 1,110,000,000 1,033,000,000 1,033,000,000 1,534,000,000 1,966,900,000 2,567,400,000 2,298,300,000 2,526,400,000 2,495,500,000 1,875,400,000 1,908,500,000 3,142,000,000 2,499,800,000 2,840,800,000 1,716,600,000 1,549,800,000 2,787,700,000 
      short-term investments under securities loan agreements, including collateral delivered
    		1,010,000,000 1,004,000,000 1,030,000,000 1,042,000,000 1,262,000,000 1,030,000,000 1,014,000,000 1,015,000,000 903,000,000 1,089,000,000 1,246,000,000 1,179,000,000 1,167,000,000 1,123,000,000 1,071,000,000 1,108,000,000 1,196,000,000 1,033,000,000 843,000,000 399,000,000 664,000,000 1,659,000,000 2,183,000,000 1,886,000,000 1,679,000,000 2,367,300,000 956,500,000 806,400,000 1,186,500,000 678,900,000 993,700,000 593,800,000 603,200,000 558,600,000 552,900,000 482,400,000 411,800,000 863,500,000 
      accrued investment income
    		427,000,000 414,000,000 429,000,000 396,000,000 416,000,000 398,000,000 421,000,000 411,000,000 446,000,000 417,000,000 445,000,000 425,000,000 456,000,000 413,000,000 436,000,000 428,000,000 456,000,000 448,000,000 470,000,000 507,000,000 545,000,000 507,000,000 541,000,000 699,000,000 674,000,000 952,400,000 892,500,000 928,600,000 934,200,000 906,800,000 927,200,000 926,900,000 906,500,000 935,600,000 897,100,000 913,200,000 910,400,000 900,800,000 
      premium receivable and reinsurance recoverable
    		10,835,000,000 10,965,000,000 11,144,000,000 11,284,000,000 11,486,000,000 11,574,000,000 11,828,000,000 11,982,000,000 11,765,000,000 12,131,000,000  13,341,000,000 13,598,000,000 13,117,000,000 13,296,000,000 13,663,000,000 13,608,000,000 13,520,000,000 13,867,000,000 3,575,000,000 3,676,000,000 3,791,000,000 3,744,000,000 6,753,000,000 7,617,000,000 7,297,800,000 7,277,500,000 7,353,700,000           
      deferred policy acquisition costs
    		2,435,000,000 2,472,000,000 2,505,000,000                                    
      deferred income taxes
    		1,872,000,000 1,979,000,000 2,032,000,000 2,134,000,000 1,955,000,000 2,171,000,000 2,178,000,000 2,160,000,000 2,438,000,000 2,161,000,000 2,122,000,000 1,924,000,000 1,931,000,000 1,795,000,000 1,405,000,000 986,000,000 691,000,000 690,000,000 935,000,000 1,186,000,000 1,314,000,000 1,326,000,000 1,769,000,000 864,000,000 1,266,000,000 1,663,700,000 1,756,900,000 2,055,700,000 1,566,200,000 1,671,800,000 1,035,400,000    162,100,000    
      goodwill
    		804,000,000 804,000,000 804,000,000 748,000,000 748,000,000 748,000,000 748,000,000 748,000,000 748,000,000 646,000,000 646,000,000 327,000,000 252,000,000                          
      other intangibles
    		837,000,000 839,000,000 854,000,000 832,000,000 862,000,000 856,000,000 861,000,000 857,000,000 900,000,000 908,000,000 905,000,000 631,000,000 572,000,000                          
      other assets
    		3,262,000,000 3,283,000,000 3,276,000,000 2,312,000,000 2,295,000,000 2,370,000,000 2,418,000,000 2,372,000,000 2,579,000,000 2,626,000,000 2,644,000,000 2,596,000,000 2,681,000,000 2,581,000,000 2,710,000,000 2,532,000,000 2,626,000,000 2,762,000,000 2,769,000,000 983,000,000 812,000,000 836,000,000 1,086,000,000 1,353,000,000 1,152,000,000 923,700,000 1,010,400,000 920,700,000 1,055,900,000 1,100,300,000 1,003,500,000 1,051,400,000 1,138,100,000 1,016,100,000 1,036,500,000 1,137,700,000 1,271,300,000 1,128,200,000 
      assets related to consolidated investment entities
    		                                      
      limited partnerships/corporations, at fair value
    		3,130,000,000 2,870,000,000 2,923,000,000 3,067,000,000 3,033,000,000 2,991,000,000 2,881,000,000 2,861,000,000 3,079,000,000 3,120,000,000 3,009,000,000 2,802,000,000 2,879,000,000 2,943,000,000 2,550,000,000 2,469,000,000 2,505,000,000 2,248,000,000 1,724,000,000 1,724,000,000 1,600,000,000 1,459,000,000 1,655,000,000 1,426,000,000 1,731,000,000 1,809,200,000 1,855,200,000 1,951,200,000 2,396,200,000 4,201,900,000 3,852,500,000 3,842,800,000 3,591,900,000 3,382,400,000 3,218,600,000 2,912,300,000 2,987,700,000 2,980,700,000 
      corporate loans, at fair value using the fair value option
    		1,166,000,000 1,399,000,000 1,066,000,000 1,434,000,000 1,345,000,000 1,216,000,000 1,500,000,000 1,404,000,000 1,428,000,000 1,432,000,000 1,232,000,000 1,293,000,000 1,161,000,000 1,122,000,000 1,245,000,000 1,111,000,000 917,000,000 1,081,000,000 870,000,000 805,000,000 921,000,000 274,000,000 432,000,000 551,000,000 458,000,000 1,650,100,000 1,636,000,000 1,921,600,000 2,555,300,000 6,973,900,000 7,040,100,000 6,262,900,000 5,764,900,000 5,490,700,000 4,965,300,000 4,670,900,000 4,573,500,000 4,043,100,000 
      assets held in separate accounts
    		111,950,000,000 107,278,000,000 98,948,000,000 101,676,000,000 103,532,000,000 99,147,000,000 98,636,000,000 93,133,000,000 85,491,000,000 88,851,000,000 84,569,000,000 80,174,000,000 75,980,000,000 80,017,000,000 93,108,000,000 100,433,000,000 96,794,000,000 97,098,000,000 92,970,000,000 90,552,000,000 82,879,000,000 78,521,000,000 68,937,000,000 77,649,000,000 78,642,000,000 107,474,200,000 102,990,800,000 100,778,100,000 95,774,800,000 106,330,500,000 107,039,400,000 107,059,300,000 110,648,200,000 107,840,000,000 106,827,100,000 103,853,600,000 102,228,900,000 103,098,300,000 
      total assets
    		177,448,000,000 172,436,000,000 163,950,000,000 163,889,000,000 166,933,000,000 161,280,000,000 161,631,000,000 157,085,000,000 149,265,000,000 154,616,000,000 151,208,000,000 147,652,000,000 144,048,000,000 147,520,000,000 161,806,000,000 171,262,000,000 168,417,000,000 168,194,000,000 162,861,000,000 180,518,000,000 171,466,000,000 166,934,000,000 155,732,000,000 161,985,000,000 162,740,000,000 226,643,900,000 219,838,800,000 217,025,500,000 214,007,700,000 226,585,100,000 229,048,200,000 224,303,800,000 228,078,000,000 223,510,700,000 221,023,200,000 217,658,200,000 217,123,500,000 220,850,000,000 
      the accompanying notes are an integral part of these condensed consolidated financial statements.
    		                                      
      deferred policy acquisition costs and value of business acquired
    		   2,148,000,000 2,173,000,000 2,196,000,000 2,222,000,000 2,250,000,000 2,278,000,000 2,304,000,000 2,333,000,000 2,822,000,000 2,894,000,000 2,480,000,000 1,921,000,000 1,378,000,000 1,337,000,000 1,446,000,000 1,592,000,000 1,510,000,000 1,669,000,000 1,967,000,000 2,603,000,000 3,600,000,000 4,008,000,000 4,209,000,000 4,434,300,000 4,793,700,000 4,693,000,000 5,089,900,000 4,244,300,000 4,779,900,000 4,511,200,000 4,860,800,000 5,351,600,000 5,265,000,000 5,060,500,000  
      mortgage loans on real estate,
    		          5,329,000,000                            
      premium receivable and reinsurance recoverable,
    		          12,438,000,000                            
      less: allowance for credit losses
    		            13,000,000 12,000,000 11,000,000 15,000,000 19,000,000 33,000,000 58,000,000 89,000,000 55,000,000 74,000,000 22,000,000                
      less: allowance for credit losses on reinsurance recoverable
    		            37,000,000 38,000,000 35,000,000 28,000,000 28,000,000 30,000,000 28,000,000 18,000,000 19,000,000 24,000,000 22,000,000                
      assets related to consolidated investment entities:
    		                                      
      assets held for sale
    		                   20,703,000,000 20,180,000,000 19,923,000,000 19,133,000,000                
      fixed maturities, trading, at fair value
    		                5,000,000 45,000,000                     
      current income taxes
    		                5,000,000 13,000,000 15,000,000     222,000,000 23,000,000   125,800,000 28,400,000   8,400,000 5,100,000  44,100,000    
      mortgage loans on real estate, net of valuation allowance of 1 as of 2019
    		                   6,830,000,000 6,817,000,000 6,904,000,000 6,969,000,000                
      mortgage loans on real estate, net of valuation allowance of 1 as of 2019 and 2 as of 2018
    		                       8,516,000,000               
      mortgage loans on real estate, net of valuation allowance of 2 as of 2018 and 3 as of 2017
    		                        8,904,000,000              
      equity securities, available-for-sale, at fair value
    		                         420,000,000 304,000,000 297,600,000 270,700,000 279,600,000 283,600,000 270,500,000 273,500,000 276,600,000 314,400,000 279,600,000 281,000,000 282,300,000 
      mortgage loans on real estate, net of valuation allowance of 2.3 as of 2017 and 3.1 as of 2016
    		                         12,744,500,000 12,689,700,000            
      sales inducements to contract owners
    		                         233,500,000 224,400,000 237,000,000           
      goodwill and other intangible assets
    		                         196,000,000 197,800,000 208,000,000 245,700,000 266,000,000 276,300,000 296,100,000 303,200,000 312,500,000 323,700,000 323,400,000 333,000,000 341,800,000 
      mortgage loans on real estate, net of valuation allowance of 3.1 as of 2017 and 2016
    		                           12,385,800,000           
      mortgage loans on real estate, net of valuation allowance of 3.3 as of 2016 and 3.2 as of 2015
    		                            11,065,900,000          
      reinsurance recoverable
    		                            7,558,000,000 7,269,100,000 7,048,800,000 6,752,500,000 6,637,100,000 6,785,800,000 6,702,200,000 6,755,600,000 7,053,000,000 7,151,000,000 
      sales inducements to contract holders
    		                            229,100,000 265,600,000 239,900,000 259,900,000 241,500,000 258,600,000 279,000,000 278,900,000 277,000,000 235,500,000 
      mortgage loans on real estate, net of valuation allowance of 2.8 as of 2015 and 2014
    		                             10,366,700,000         
      mortgage loans on real estate, net of valuation allowance of 2.7 as of 2015 and 2.8 as of 2014
    		                              10,194,500,000        
      mortgage loans on real estate, net of valuation allowance of 3.4 as of 2014 and 3.8 as of 2013
    		                               9,949,700,000       
      mortgage loans on real estate, net of valuation allowance of 3.3 as of 2014 and 3.8 as of 2013
    		                                9,491,400,000      
      mortgage loans on real estate, net of valuation allowance of 3.4 at 2014 and 3.8 at 2013
    		                                 9,258,100,000     
      mortgage loans on real estate, net of valuation allowance of 3.8 at 2013 and 3.9 at 2012
    		                                  9,312,200,000    
      liabilities and shareholders’ equity:
    		                                      
      future policy benefits
    		                                  14,098,400,000    
      contract owner account balances
    		                                  69,908,300,000    
      payables under securities loan agreement, including collateral held
    		                                  769,400,000    
      short-term debt
    		                                      
      long-term debt
    		                                  3,514,700,000    
      funds held under reinsurance agreements
    		                                  1,181,500,000    
      pension and other post-employment provisions
    		                                  474,900,000    
      other liabilities
    		                                  1,274,100,000    
      liabilities related to consolidated investment entities:
    		                                      
      collateralized loan obligations notes, at fair value using the fair value option
    		                                  5,161,600,000    
      liabilities related to separate accounts
    		                                  106,827,100,000    
      total liabilities
    		                                  205,509,200,000    
      shareholders’ equity:
    		                                      
      common stock
    		                                  2,600,000    
      treasury stock
    		                                      
      additional paid-in capital
    		                                  23,563,700,000    
      accumulated other comprehensive income
    		                                  1,849,100,000    
      retained earnings
    		                                      
      appropriated-consolidated investment entities
    		                                  18,400,000    
      unappropriated
    		                                  -12,161,600,000    
      total ing u.s., inc. shareholders’ equity
    		                                  13,272,200,000    
      noncontrolling interest
    		                                  2,241,800,000    
      total shareholders’ equity
    		                                  15,514,000,000    
      total liabilities and shareholders’ equity
    		                                  221,023,200,000    
      mortgage loans on real estate, net of valuation allowance of 4.0 at 2013 and 3.9 at 2012
    		                                   9,015,600,000   
      mortgage loans on real estate, net of valuation allowance of 4.1 at 2013 and 3.9 at 2012
    		                                    8,929,100,000  
      mortgage loans on real estate, net of valuation allowance of 3.9 at 2013 and at 2012
    		                                     8,949,400,000 
      deferred policy acquisition costs, value of business acquired
    		                                     4,019,600,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.