Equitable Financial Life Insurance Company of America - Second Quarter Statement 2023 - Insurance News

STATEMENT AS OF JUNE 30, 2023 OF THE EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA

ASSETS

			Current Statement Date		4
		1	2		3	December 31
					Net Admitted Assets	Prior Year Net
		Assets	Nonadmitted Assets		(Cols. 1 - 2)	Admitted Assets
1.	Bonds	............2,881,086,288	.................................0	............	2,881,086,288	............ 2,085,819,328
2.	Stocks:
	2.1 Preferred stocks	18,242,396	0	.................	18,242,396	................. 19,353,509
	2.2 Common stocks	20,983,181	0	.................	20,983,181	...................1,023,500

3. Mortgage loans on real estate:

	3.1 First liens	..................................................................................................			17,000,000	0	17,000,000	17,000,000
	3.2 Other than first liens			0	0	0	0
4.	Real estate:
	4.1 Properties occupied by the company (less $	0
	encumbrances)			0	0	0	0
	4.2 Properties held for the production of income (less
	$	0	encumbrances)		.................................0	.................................0	.................................0	.................................0
	4.3 Properties held for sale (less $	0

	.......................................................................................encumbrances)				.................................0	.................................0	.................................0	.................................0
5.	Cash ($	29,140,538	), cash equivalents
	($	343,380,606	) and short-term
	investments ($	0 )	372,521,144	0	372,521,144	190,078,344
6.	Contract loans (including $	.................................	0	premium notes)	162,531,251	738,777	161,792,474	141,718,613
7.	Derivatives				459,789,372	0	459,789,372	47,567,926
8.	Other invested assets			0	0	0	0
9.	Receivables for securities			17,474,509	0	17,474,509	601,553
10.	Securities lending reinvested collateral assets	0	0	0	0
11.	Aggregate write-ins for invested assets	48,870	0	48,870	48,870
12.	Subtotals, cash and invested assets (Lines 1 to 11)	3,949,677,011	738,777	3,948,938,234	2,503,211,643
13.	Title plants less $	0 charged off (for Title insurers
	only)				0	0	0	0
14.	Investment income due and accrued	23,575,293	0	23,575,293	21,371,772

15. Premiums and considerations:

15.1	Uncollected premiums and agents' balances in the course of collection	................. (3,213,128)	0	(3,213,128)	(6,999,228)
15.2	Deferred premiums, agents' balances and installments booked but
	deferred and not yet due (including $	.................................0
	earned but unbilled premiums)	.................................0	0	0	0
15.3	Accrued retrospective premiums ($	0 ) and
	contracts subject to redetermination ($	.................................0 )	.................................0	0	0	0

16. Reinsurance:

	16.1 Amounts recoverable from reinsurers	3,472,562	0	3,472,562	3,613,963
	16.2 Funds held by or deposited with reinsured companies	12,410,357,724	0	12,410,357,724	0
	16.3 Other amounts receivable under reinsurance contracts	767,801	0	767,801	699,001
17.	Amounts receivable relating to uninsured plans	0	0	0	0
18.1	Current federal and foreign income tax recoverable and interest thereon ....	0	0	0	0
18.2	Net deferred tax asset		204,330,973	170,838,453	33,492,520	25,462,541
19.	......................................................Guaranty funds receivable or on deposit	...................... 552,163	.................................0	...................... 552,163	...................... 547,880
20.	.....................................Electronic data processing equipment and software	.................................0	.................................0	.................................0	.................................0
21.	Furniture and equipment, including health care delivery assets
	($	0	)	.................................0	.................................0	.................................0	.................................0
22.	Net adjustment in assets and liabilities due to foreign exchange rates	.................................0	.................................0	.................................0	.................................0
23.	.....................................Receivables from parent, subsidiaries and affiliates	................. 53,869,992	.................................0	................. 53,869,992	................. 99,089,498
24.	Health care ($	0 ) and other amounts receivable	.................................0	.................................0	.................................0	.................................0
25.	........................................Aggregate write-ins for other than invested assets	................. 48,963,178	................. 44,840,440	................... 4,122,738	...................4,381,080
26.	Total assets excluding Separate Accounts, Segregated Accounts and
	Protected Cell Accounts (Lines 12 to 25)	.......... 16,692,353,569	................216,417,670	.......... 16,475,935,899	............ 2,651,378,150
27.	From Separate Accounts, Segregated Accounts and Protected Cell
	Accounts		............8,526,642,556	.................................0	............8,526,642,556	............ 4,117,226,598
28.	Total (Lines 26 and 27)			25,218,996,125	216,417,670	25,002,578,455	6,768,604,748
	DETAILS OF WRITE-INS
1101.	Miscellaneous invested assets
..................................................................	........................ 48,870	.................................0	........................ 48,870	........................ 48,870
1102.	......................................................................................................................	....................................	....................................	....................................	....................................
1103.	......................................................................................................................	....................................	....................................	....................................	....................................
1198.	...................Summary of remaining write-ins for Line 11 from overflow page	.................................0	.................................0	.................................0	.................................0
1199.	Totals (Lines 1101 through 1103 plus 1198)(Line 11 above)	48,870	0	48,870	48,870
2501.	Miscellaneous Assets		.......................479,675	.................................0	.......................479,675	...................... 101,527
2502.	..........................................................................Other assetsnon-admitted		................... 7,412,717	................... 7,412,717	.................................0	.................................0
2503.	IMR debit balance		..................37,427,723	..................37,427,723	.................................0	.................................0
2598.	...................Summary of remaining write-ins for Line 25 from overflow page	................... 3,643,063	.................................0	................... 3,643,063	................... 4,279,553
2599.	Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)	48,963,178	44,840,440	4,122,738	4,381,080

STATEMENT AS OF JUNE 30, 2023 OF THE EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA

LIABILITIES, SURPLUS AND OTHER FUNDS

									1	2
									Current	December 31
									Statement Date	Prior Year
1.	Aggregate reserve for life contracts $	...........14,696,747,770 less $	.................................	0 included in Line 6.3

	.................................(including $	0	Modco Reserve)				...........14,696,747,770	............ 2,271,719,234
2.	Aggregate reserve for accident and health contracts (including $	0	Modco Reserve)	................. 61,110,326	................. 54,520,696
3.	Liability for deposit-type contracts (including $	0	Modco Reserve)		...................6,141,202	................... 7,721,086
4.	Contract claims:
	4.1 Life						................. 53,352,857	................. 46,926,874
	4.2 Accident and health						................... 7,754,794	...................6,244,967
5.	Policyholders' dividends/refunds to members $	0	and coupons $	0	due
	and unpaid						.................................0	.................................0
6.	Provision for policyholders' dividends, refunds to members and coupons payable in following calendar year - estimated
	amounts:
	6.1	Policyholders' dividends and refunds to members apportioned for payment (including $	.................................	0
		Modco)						.................................0	.................................0
	6.2	Policyholders' dividends and refunds to members not yet apportioned (including $	0	Modco) ....	.................................0	.................................0
	6.3	Coupons and similar benefits (including $	0	Modco)		0	0
7.	Amount provisionally held for deferred dividend policies not included in Line 6		0	0

8. Premiums and annuity considerations for life and accident and health contracts received in advance less

	$	.................................0	discount; including $	0	accident and health premiums	0	0
9.	Contract liabilities not included elsewhere:
	9.1	Surrender values on canceled contracts	............................................................................................................................		0	0
	9.2	Provision for experience rating refunds, including the liability of $	0 accident and health
		experience rating refunds of which $	.................................0	is for medical loss ratio rebate per the Public Health
		Service Act				0	0
	9.3 Other amounts payable on reinsurance, including $	0 assumed and $	0
		ceded				0	0
	9.4 Interest Maintenance Reserve			0	0
10.	Commissions to agents due or accrued-life and annuity contracts $	.................	35,720,953 , accident and health
	$	........................ 17,917 and deposit-type contract funds $	0	35,738,870	................. 25,348,895
11.	..............................................................................Commissions and expense allowances payable on reinsurance assumed		.................................0	.................................0
12.	............................................................................................................................................General expenses due or accrued				................... 3,987,670	................... 3,867,563
13.	Transfers to Separate Accounts due or accrued (net) (including $	(3,055,732,297) accrued for expense
	allowances recognized in reserves, net of reinsured allowances)			.......... (2,854,182,547)	..............(223,663,016)
14.	Taxes, licenses and fees due or accrued, excluding federal income taxes		................... 3,478,915	...................6,226,809
15.1 Current federal and foreign income taxes, including $	0 on realized capital gains (losses)	................656,771,613	................... 1,677,140
15.2	Net deferred tax liability					.................................0	.................................0
16.	Unearned investment income				.................................0	.................................0
17.	Amounts withheld or retained by reporting entity as agent or trustee			................345,306,421	...................2,811,510
18.	Amounts held for agents' account, including $	0 agents' credit balances	.................................0	.................................0
19.	Remittances and items not allocated				................. 12,395,236	................... 1,817,907
20.	Net adjustment in assets and liabilities due to foreign exchange rates		.................................0	.................................0
21.	.......................................................................................Liability for benefits for employees and agents if not included above			.................................0	.................................0
22.	Borrowed money $	0	and interest thereon $	.................................	0	.................................0	.................................0

23.	Dividends to stockholders declared and unpaid		0	0

24. Miscellaneous liabilities:


	24.01	Asset valuation reserve			21,603,548	16,887,856
	24.02 Reinsurance in unauthorized and certified ($	0 ) companies	.......................................................	249,425	0
	24.03 Funds held under reinsurance treaties with unauthorized and certified ($	0 ) reinsurers	0	0
	24.04	Payable to parent, subsidiaries and affiliates		0	37,152,828
	24.05	Drafts outstanding			0	0
	24.06	Liability for amounts held under uninsured plans		0	0
	24.07	Funds held under coinsurance			0	0
	24.08	Derivatives			0	0
	24.09	Payable for securities			32,765,859	4,135,763
	24.10	Payable for securities lending			0	0
	.................................24.11 Capital notes $	.................................0 and interest thereon $	0	0	.................................0
25.	...............................................................................................................................................Aggregate write-ins for liabilities			5,505,846	5,215,427
26.	Total liabilities excluding Separate Accounts business (Lines 1 to 25)		13,088,727,805	2,268,611,539
27.	From Separate Accounts Statement			8,500,273,757	4,097,117,551
28.	Total liabilities (Lines 26 and 27)			21,589,001,562	6,365,729,090
29.	Common capital stock			2,500,000	2,500,000
30.	..............................................................................................................................................................Preferred capital stock			.................................0	.................................0
31.	Aggregate write-ins for other than special surplus funds		.................................0	.................................0
32.	Surplus notes			.................................0	.................................0
33.	.......................................................................................................................................Gross paid in and contributed surplus			............ 1,884,648,867	................834,648,867
34.	...........................................................................................................................Aggregate write-ins for special surplus funds		.................................0	.................................0
35.	Unassigned funds (surplus)			1,526,428,026	(434,273,209)

36. Less treasury stock, at cost:

	36.1	0	shares common (value included in Line 29	$	.................................0	)	.................................0	.................................0
	36.2	0	shares preferred (value included in Line 30	$	.................................0	)	0	.................................0
37.	Surplus (Total Lines 31+32+33+34+35-36) (including $	26,368,799	in Separate Accounts Statement)	3,411,076,893	400,375,658
38.	Totals of Lines 29, 30 and 37	...................................................................................................................................................				3,413,576,893	402,875,658
39.	Totals of Lines 28 and 38 (Page 2, Line 28, Col. 3)					25,002,578,455	6,768,604,748
	DETAILS OF WRITE-INS
2501.	Miscellaneous liabilities	......................................................................................................................................................					...................5,505,846	...................5,215,427
2502	....................................	....................................

2503	....................................	....................................
2598.	Summary of remaining write-ins for Line 25 from overflow page	.................................0	.................................0
2599.	Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)	5,505,846	5,215,427
3101.	.................................................................................................................................................................................................	.................................0	0
3102	.................................0	.................................0
3103	....................................	....................................
3198.	Summary of remaining write-ins for Line 31 from overflow page	.................................0	.................................0
3199.	Totals (Lines 3101 through 3103 plus 3198)(Line 31 above)
0	0
3401	.................................0	0
3402	.................................0	.................................0
3403	.................................0	.................................0
3498.	Summary of remaining write-ins for Line 34 from overflow page	.................................0	.................................0
3499.	Totals (Lines 3401 through 3403 plus 3498)(Line 34 above)	0	0

STATEMENT AS OF JUNE 30, 2023 OF THE EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA

SUMMARY OF OPERATIONS

		1	2	3
		Current Year	Prior Year	Prior Year Ended
		To Date	To Date	December 31
1.	Premiums and annuity considerations for life and accident and health contracts	.......... 16,861,838,673	................606,230,065	............ 1,674,627,395
2.	Considerations for supplementary contracts with life contingencies	...................9,644,751	.................................0	.................................0
3.	Net investment income	................. 45,919,693	................. 37,663,905	................. 76,344,456
4.	Amortization of Interest Maintenance Reserve (IMR)	.....................(659,198)	........................ 73,372	.....................(623,421)
5.	Separate Accounts net gain from operations excluding unrealized gains or losses	..............(186,836,431)	................. (1,322,753)	.......................547,247
6.	Commissions and expense allowances on reinsurance ceded	...................6,782,465	................. 10,829,287	................. 17,115,390
7.	Reserve adjustments on reinsurance ceded	.................................0	.................................0	.................................0
8.	Miscellaneous Income:
	8.1 Income from fees associated with investment management, administration and contract
	guarantees from Separate Accounts	................. 27,667,088	................. 20,444,542	................. 48,550,108
	8.2 Charges and fees for deposit-type contracts	.................................0	.................................0	.................................0
	8.3 Aggregate write-ins for miscellaneous income	(194,590,151)	11,030,521	43,145,336
9.	Totals (Lines 1 to 8.3)	16,569,766,890	684,948,939	1,859,706,511
10.	Death benefits	334,096,827	................100,196,430	................202,398,077
11.	Matured endowments (excluding guaranteed annual pure endowments)	.................................0	.................................0	.................................0
12.	Annuity benefits	............... 100,891,506	.......................310,753	................... 1,783,185
13.	Disability benefits and benefits under accident and health contracts	................. 60,495,704	................. 46,088,275	................. 95,779,848
14.	Coupons, guaranteed annual pure endowments and similar benefits	.................................0	.................................0	.................................0
15.	Surrender benefits and withdrawals for life contracts	................369,347,954	................. 26,366,689	................. 77,940,029
16.	Group conversions	.................................0	.................................0	.................................0
17.	Interest and adjustments on contract or deposit-type contract funds	...................1,209,926	...................... 126,166	...................... 580,096
18.	Payments on supplementary contracts with life contingencies	.......................342,478	.................................0	.................................0
19.	Increase in aggregate reserves for life and accident and health contracts	12,431,618,165	45,874,639	83,737,141
20.	Totals (Lines 10 to 19)	.......... 13,298,002,560	............... 218,962,952	................462,218,376
21.	Commissions on premiums, annuity considerations, and deposit-type contract funds (direct
	business only)	................248,107,578	................. 85,081,249	............... 199,011,606
22.	Commissions and expense allowances on reinsurance assumed	............ 1,268,429,703	.................................0	.................................0
23.	General insurance expenses and fraternal expenses	................. 77,368,875	................. 64,624,933	............... 140,152,141
24.	Insurance taxes, licenses and fees, excluding federal income taxes	................... 7,263,772	................... 4,332,325	................. 18,505,469
25.	Increase in loading on deferred and uncollected premiums	.................................0	.................................0	.................................0
26.	Net transfers to or (from) Separate Accounts net of reinsurance	............ 1,172,949,501	................232,267,014	................863,999,790
27.	Aggregate write-ins for deductions	56,871,194	37,061,772	81,703,999
28.	Totals (Lines 20 to 27)	16,128,993,183	642,330,245	1,765,591,381
29.	Net gain from operations before dividends to policyholders and federal income taxes (Line 9 minus
	Line 28)	................440,773,707	................. 42,618,694	................. 94,115,130
30.	Dividends to policyholders and refunds to members	0	0	0
31.	Net gain from operations after dividends to policyholders, refunds to members and before federal
	income taxes (Line 29 minus Line 30)	................440,773,707	................. 42,618,694	................. 94,115,130
32.	Federal and foreign income taxes incurred (excluding tax on capital gains)	612,446,247	21,013,519	26,406,810
33.	Net gain from operations after dividends to policyholders, refunds to members and federal income
	taxes and before realized capital gains or (losses) (Line 31 minus Line 32)	..............(171,672,540)	................. 21,605,175	................. 67,708,320

34. Net realized capital gains (losses) (excluding gains (losses) transferred to the IMR) less capital

	gains tax of $	12,719,487 (excluding taxes of $	(952,863)
	transferred to the IMR)		43,253,825	(67,904,792)	(88,845,736)
35.	Net income (Line 33 plus Line 34)	(128,418,715)	(46,299,617)	(21,137,416)
		CAPITAL AND SURPLUS ACCOUNT
36.	Capital and surplus, December 31, prior year	402,875,658	322,796,168	322,796,168
37.	Net income (Line 35)		(128,418,715)	................(46,299,617)	................(21,137,416)
38.	Change in net unrealized capital gains (losses) less capital gains tax of $	31,059,074	................116,841,276	................(13,968,034)	................(18,662,177)
39.	Change in net unrealized foreign exchange capital gain (loss)	.................................0	.................................0	.................................0
40.	Change in net deferred income tax	............... 101,911,188	................. 15,157,341	................. 16,280,307
41.	Change in nonadmitted assets	..............(115,029,037)	................(21,494,909)	................(30,263,154)
42.	Change in liability for reinsurance in unauthorized and certified companies	.....................(249,425)	.....................(143,583)	.................................0
43.	Change in reserve on account of change in valuation basis, (increase) or decrease	.................................0	.................................0	.................................0
44.	Change in asset valuation reserve	................. (4,715,692)	................... 1,300,833	................. (1,242,348)
45.	Change in treasury stock		.................................0	.................................0	.................................0
46.	Surplus (contributed to) withdrawn from Separate Accounts during period	..............(192,610,662)	.....................(150,021)	.....................(552,704)
47.	Other changes in surplus in Separate Accounts Statement	................193,096,183	................. (2,350,198)	................. (1,633,015)
48.	Change in surplus notes		.................................0	.................................0	.................................0
49.	........................................................................Cumulative effect of changes in accounting principles	.................................0	.................................0	.................................0
50.	Capital changes:
	50.1 Paid in		.................................0	.................................0	.................................0
	50.2 Transferred from surplus (Stock Dividend)	.................................0	.................................0	.................................0
	..................................................................................................................50.3 Transferred to surplus		.................................0	.................................0	.................................0
51.	Surplus adjustment:
	51.1 Paid in		............1,050,000,000	.................................0	............... 150,000,000
	51.2 Transferred to capital (Stock Dividend)	.................................0	.................................0	.................................0
	51.3 Transferred from capital	.................................0	.................................0	.................................0
	...............................................................................51.4 Change in surplus as a result of reinsurance	............ 1,989,876,119	................. (9,030,186)	................(12,710,003)
52.	Dividends to stockholders		.................................0	.................................0	.................................0
53.	Aggregate write-ins for gains and losses in surplus	0	0	0
54.	Net change in capital and surplus for the year (Lines 37 through 53)	3,010,701,235	(76,978,374)	80,079,490
55.	Capital and surplus, as of statement date (Lines 36 + 54)		3,413,576,893	245,817,794	402,875,658
	DETAILS OF WRITE-INS
08.301. Sundry receipts and adjustments
................. 17,395,542	................. 11,030,521	................. 43,145,336
08.302. Funds Withheld Assumed NII incl derivative activity	(452,938,085)	.................................0	.................................0
....................................................................................08.303. Seperate account MODCO reinsurance assumed	................110,134,550	.................................0	.................................0
........................................................08.398. Summary of remaining write-ins for Line 8.3 from overflow page	................130,817,842	.................................0	.................................0
08.399. Totals (Lines 08.301 through 08.303 plus 08.398) (Line 8.3 above)		(194,590,151)	11,030,521	43,145,336
2701.	Sundry disbursements and adjustments	5,325,070	.......................152,770	................... 2,771,661
2702.	.........................................................................................................Separate account MODCO reinsurance ceded	51,546,124	................. 36,909,002	................. 78,932,338
2703		....................................	....................................
2798.	.........................................................Summary of remaining write-ins for Line 27 from overflow page	.................................0	.................................0	.................................0
2799.	Totals (Lines 2701 through 2703 plus 2798)(Line 27 above)		56,871,194	37,061,772	81,703,999
5301		....................................	....................................

5302
5303
5398.	Summary of remaining write-ins for Line 53 from overflow page	0	.................................0	.................................0
5399.	Totals (Lines 5301 through 5303 plus 5398)(Line 53 above)	0	0	0

STATEMENT AS OF JUNE 30, 2023 OF THE EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA

CASH FLOW

			1	2	3
			Current Year	Prior Year	Prior Year Ended
			To Date	To Date	December 31
	Cash from Operations
1.	Premiums collected net of reinsurance	............ 4,329,425,054	................608,910,386	............ 1,679,720,642
2.	Net investment income	................. 45,193,867	................. 36,581,453	................. 76,913,746
3.	Miscellaneous income	50,538,870	27,941,941	96,100,831
4.	Total (Lines 1 to 3)	4,425,157,791	673,433,780	1,852,735,219
5.	Benefit and loss related payments	................217,321,593	................170,589,145	................361,254,851
6.	.................Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts	............ 3,803,469,032	................237,779,383	................780,472,503
7.	...............................................Commissions, expenses paid and aggregate write-ins for deductions	................381,853,514	............... 128,080,026	................448,791,014
8.	Dividends paid to policyholders	.................................0	.................................0	.................................0
9.	Federal and foreign income taxes paid (recovered) net of $	0 tax on capital
	gains (losses)	420,001	0	0
10.	Total (Lines 5 through 9)	4,403,064,140	536,448,554	1,590,518,368
11.	Net cash from operations (Line 4 minus Line 10)	22,093,651	136,985,226	262,216,851

Cash from Investments

12. Proceeds from investments sold, matured or repaid:

12.1	Bonds	................. 63,423,992	................. 34,451,974	................165,009,835
12.2	Stocks	................. 79,786,041	...................... 540,000	...................... 847,100
12.3	Mortgage loans	.................................0	.................................0	.................................0
12.4	Real estate	.................................0	.................................0	.................................0
12.5	Other invested assets	.................................0	.................................0	.................................0
12.6	Net gains or (losses) on cash, cash equivalents and short-term investments	.................................0	.................................0	.................................0
12.7	Miscellaneous proceeds	29,655,549	3,282,987	6,041,802
12.8 Total investment proceeds (Lines 12.1 to 12.7)	................172,865,582	................. 38,274,961	................171,898,737
13. Cost of investments acquired (long-term only):
13.1	Bonds	................864,731,653	................191,527,413	................263,947,373
13.2	Stocks	................. 99,847,740	................... 1,330,600	................... 1,667,300
13.3	Mortgage loans	.................................0	.................................0	.................................0
13.4	Real estate	.................................0	.................................0	.................................0
13.5	Other invested assets	.................................0	.................................0	.................................0
13.6	Miscellaneous applications	191,287,151	94,598,048	158,508,774
13.7	Total investments acquired (Lines 13.1 to 13.6)	1,155,866,544	287,456,061	424,123,447
14. Net increase (or decrease) in contract loans and premium notes	20,233,982	17,297,895	16,700,238
15. Net cash from investments (Line 12.8 minus Line 13.7 and Line 14)	(1,003,234,944)	(266,478,995)	(268,924,948)

Cash from Financing and Miscellaneous Sources

16. Cash provided (applied):

16.1	Surplus notes, capital notes	.................................0	.................................0	.................................0
16.2	Capital and paid in surplus, less treasury stock	............1,050,000,000	.................................0	............... 150,000,000
16.3	Borrowed funds	.................................0	.................................0	.................................0
16.4	Net deposits on deposit-type contracts and other insurance liabilities	................. (1,579,884)	...................2,263,115	................... 2,837,852
16.5 Dividends to stockholders	.................................0	.................................0	.................................0
16.6 Other cash provided (applied)	115,163,977	32,534,490	(62,727,608)

17. Net cash from financing and miscellaneous sources (Line 16.1 through Line 16.4 minus Line 16.5

plus Line 16.6)

1,163,584,093

34,797,605

90,110,244

	RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
18.	Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17) .	............... 182,442,800
19.	Cash, cash equivalents and short-term investments:
	19.1 Beginning of year	................190,078,344
	19.2 End of period (Line 18 plus Line 19.1)	372,521,144

................(94,696,164)	................. 83,402,147
................106,676,197
................106,676,197
11,980,033	190,078,344

Note: Supplemental disclosures of cash flow information for non-cash transactions:

20.0001. See Note1A(2) in the Notes to Financial Statements for non-cash transactions	.................................0	.................................0	.................................0

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Equitable Holdings Inc. published this content on 16 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2023 15:17:26 UTC.

Equitable Financial Life Insurance Company of America – Second Quarter Statement 2023

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