PRUDENTIAL FINANCIAL INC

PRU 10-Q · Q3 2025

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Income Statement

Income Statement
Metric Q3 2025 Q3 2024 YoY
Premiums Earned Net (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments -6 -9 +33.3%
Group Insurance · U.S. Businesses Division 1,353 1,299 +4.2%
Individual Life · U.S. Businesses Division 236 234 +0.9%
International Businesses · International Businesses 2,800 2,850 -1.8%
PGIM · PGIM Division 0 0 —
Retirement Strategies · Individual Retirement Strategies 23 19 +21.1%
Retirement Strategies · Institutional Retirement Strategies 4,285 8,134 -47.3%
Show — breakouts
Premiums Earned Net 9,213 13,045 -29.4%
Show Consolidation Items breakouts
Operating Segments 8,691 12,527 -30.6%
Show Related Party Transactions By Related Party breakouts
Related Party -3 -4 +25.0%
Show Subsegments Consolidation Items breakouts
Total Reconciling Items 522 518 +0.8%
Insurance Commissions And Fees (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments -16 -14 -14.3%
Group Insurance · U.S. Businesses Division 183 189 -3.2%
Individual Life · U.S. Businesses Division 569 520 +9.4%
International Businesses · International Businesses 96 83 +15.7%
PGIM · PGIM Division 0 0 —
Retirement Strategies · Individual Retirement Strategies 283 310 -8.7%
Retirement Strategies · Institutional Retirement Strategies 11 10 +10.0%
Show — breakouts
Insurance Commissions And Fees 1,133 1,111 +2.0%
Show Consolidation Items breakouts
Operating Segments 1,126 1,098 +2.6%
Show Subsegments Consolidation Items breakouts
Total Reconciling Items 7 13 -46.2%
Net Investment Income (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments 330 326 +1.2%
Group Insurance · U.S. Businesses Division 138 134 +3.0%
Individual Life · U.S. Businesses Division 725 768 -5.6%
International Businesses · International Businesses 1,540 1,428 +7.8%
PGIM · PGIM Division 54 16 +237.5%
Retirement Strategies · Individual Retirement Strategies 752 565 +33.1%
Retirement Strategies · Institutional Retirement Strategies 1,333 1,199 +11.2%
Show — breakouts
Net Investment Income 5,528 5,055 +9.4%
Show Consolidation Items breakouts
Operating Segments 4,872 4,436 +9.8%
Show Subsegments Consolidation Items breakouts
Total Reconciling Items 656 619 +6.0%
Insurance Agency Management Fee (Q) — — —
Show Product Lines breakouts
Financial Service Other 121 126 -4.0%
Management Service Base 867 841 +3.1%
Management Service Incentive 8 17 -52.9%
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Insurance Agency Management Fee 996 984 +1.2%
Show Related Party Transactions By Related Party breakouts
Related Party 16 9 +77.8%
Other Income (Q) — — —
Show Equity Components breakouts
Accumulated Translation Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income 9 0 —
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Other Income 1,720 1,285 +33.9%
Show Related Party Transactions By Related Party breakouts
Related Party 96 40 +140.0%
Realized Investment Gains Losses (Q) — — —
Show Equity Components breakouts
Accumulated Translation Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income 14 14 0.0%
Show — breakouts
Realized Investment Gains Losses -1,026 -1,844 +44.4%
Show Investment Type breakouts
Ceded income on modified coinsurance assets -222 -245 +9.4%
Derivative -539 -745 +27.7%
Fixed Maturities -227 -836 +72.8%
Loans -54 -41 -31.7%
Other Investments 0 5 -100.0%
Partnership Interest 15 16 -6.2%
Real Estate Investment 1 2 -50.0%
Show Related Party Transactions By Related Party breakouts
Related Party -225 -710 +68.3%
Market Risk Benefit Change In Fair Value Gain Loss (Q) — — —
Show — breakouts
Market Risk Benefit Change In Fair Value Gain Loss 324 -146 +321.9%
Revenue (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments 107 71 +50.7%
Group Insurance · U.S. Businesses Division 1,694 1,643 +3.1%
Individual Life · U.S. Businesses Division 1,565 1,546 +1.2%
International Businesses · International Businesses 4,595 4,417 +4.0%
PGIM · PGIM Division 221 206 +7.3%
PGIM · PGIM Division 1,095 1,021 +7.2%
Retirement Strategies · Individual Retirement Strategies 1,429 1,318 +8.4%
Retirement Strategies · Institutional Retirement Strategies 5,754 9,473 -39.3%
Show — breakouts
Revenue 17,888 19,490 -8.2%
Show Consolidation Items breakouts
Operating Segments 16,239 19,489 -16.7%
Show Subsegments Consolidation Items breakouts
Total Reconciling Items 1,649 1 +164800.0%
Policyholder Benefits And Claims Incurred Net (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments -2 -3 +33.3%
Group Insurance · U.S. Businesses Division 1,272 1,241 +2.5%
Individual Life · U.S. Businesses Division 734 725 +1.2%
International Businesses · International Businesses 2,551 2,579 -1.1%
PGIM · PGIM Division 0 0 —
Retirement Strategies · Individual Retirement Strategies 51 26 +96.2%
Retirement Strategies · Institutional Retirement Strategies 4,862 8,742 -44.4%
Show — breakouts
Policyholder Benefits And Claims Incurred Net 10,132 14,027 -27.8%
Show Consolidation Items breakouts
Operating Segments 9,468 13,310 -28.9%
Show Related Party Transactions By Related Party breakouts
Related Party 70 70 0.0%
Liability For Future Policy Benefit Expected Future Policy Benefit Increase Decrease For Other Change (Q) — — —
Show — breakouts
Liability For Future Policy Benefit Expected Future Policy Benefit Increase Decrease For Other Change 296 180 +64.4%
Show Related Party Transactions By Related Party breakouts
Related Party 3 4 -25.0%
Interest Credited To Policyholders Account Balances (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments 17 20 -15.0%
Group Insurance · U.S. Businesses Division 33 35 -5.7%
Individual Life · U.S. Businesses Division 187 201 -7.0%
International Businesses · International Businesses 390 315 +23.8%
PGIM · PGIM Division 0 0 —
Retirement Strategies · Individual Retirement Strategies 372 290 +28.3%
Retirement Strategies · Institutional Retirement Strategies 216 177 +22.0%
Show — breakouts
Interest Credited To Policyholders Account Balances 1,582 863 +83.3%
Show Consolidation Items breakouts
Operating Segments 1,215 1,038 +17.1%
Policyholder Dividends (Q) — — —
Show — breakouts
Policyholder Dividends 416 — —
Deferred Policy Acquisition Cost Amortization Expense (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments -14 -22 +36.4%
Group Insurance · U.S. Businesses Division 2 1 +100.0%
Individual Life · U.S. Businesses Division 107 110 -2.7%
International Businesses · International Businesses 175 164 +6.7%
PGIM · PGIM Division 0 1 -100.0%
Retirement Strategies · Individual Retirement Strategies 121 98 +23.5%
Retirement Strategies · Institutional Retirement Strategies 4 4 0.0%
Show — breakouts
Deferred Policy Acquisition Cost Amortization Expense 403 367 +9.8%
Show Consolidation Items breakouts
Operating Segments 395 356 +11.0%
Show Related Party Transactions By Related Party breakouts
Related Party -3 0 —
General & Administrative (Q) — — —
Show — breakouts
General & Administrative 3,277 3,311 -1.0%
Show Related Party Transactions By Related Party breakouts
Related Party 14 9 +55.6%
Benefits Losses And Expenses (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments 434 558 -22.2%
Group Insurance · U.S. Businesses Division 1,604 1,561 +2.8%
Individual Life · U.S. Businesses Division 1,472 1,486 -0.9%
International Businesses · International Businesses 3,714 3,651 +1.7%
PGIM · PGIM Division 851 780 +9.1%
Retirement Strategies · Individual Retirement Strategies 943 858 +9.9%
Retirement Strategies · Institutional Retirement Strategies 5,274 9,035 -41.6%
Show — breakouts
Benefits Losses And Expenses 16,106 18,937 -14.9%
Show Consolidation Items breakouts
Operating Segments 14,292 17,929 -20.3%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments -327 -487 +32.9%
Group Insurance · U.S. Businesses Division 90 82 +9.8%
Individual Life · U.S. Businesses Division 93 60 +55.0%
International Businesses · International Businesses 881 766 +15.0%
PGIM · PGIM Division 244 241 +1.2%
Retirement Strategies · Individual Retirement Strategies 486 460 +5.7%
Retirement Strategies · Institutional Retirement Strategies 480 438 +9.6%
Show — breakouts
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 1,782 553 +222.2%
Show Consolidation Items breakouts
Operating Segments 1,947 1,560 +24.8%
Show Related Party Transactions By Related Party breakouts
Related Party -54 -600 +91.0%
Show Subsegments Consolidation Items breakouts
Other adjustments -1 -3 +66.7%
Segment Reconciling Items, Change In Value Of Market Risk Benefits, Net Of Related Hedging Gains (Losses) [Member] 324 -146 +321.9%
Segment Reconciling Items, Closed Block Division 10 2 +400.0%
Segment Reconciling Items, Market Experience Updates [Member] -36 -127 +71.7%
Segment Reconciling Items, Operating Joint Ventures And Noncontrolling Interests -11 -43 +74.4%
Segment Reconciling Items, Other Divested And Run-Off Business 123 47 +161.7%
Segment Reconciling Items, Realized Investment Gains (Losses) And Related Charges And Adjustments -574 -737 +22.1%
Total Reconciling Items -165 -1,007 +83.6%
Income Tax Expense (Benefit) (Q) — — —
Show — breakouts
Income Tax Expense (Benefit) 382 140 +172.9%
Income Loss From Continuing Operations Before Equity Method Investments Noncontrolling Interest (Q) — — —
Show — breakouts
Income Loss From Continuing Operations Before Equity Method Investments Noncontrolling Interest 1,400 413 +239.0%
Income Loss From Equity Method Investments (Q) — — —
Show — breakouts
Income Loss From Equity Method Investments 83 38 +118.4%
Net Income (Q) — — —
Show Equity Components breakouts
Noncontrolling Interest 5 -10 +150.0%
Parent 1,431 448 +219.4%
Retained Earnings 1,431 448 +219.4%
Show — breakouts
Net Income 1,483 451 +228.8%
Net Income Loss Attributable To Noncontrolling Interest (Q) — — —
Show — breakouts
Net Income Loss Attributable To Noncontrolling Interest 52 3 +1633.3%
Net Income (Q) — — —
Show — breakouts
Net Income 1,431 448 +219.4%
EPS (Basic) (Q) — — —
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EPS (Basic) 4.03 1.24 +225.0%
EPS (Diluted) (Q) — — —
Show — breakouts
EPS (Diluted) 4.01 1.24 +223.4%
Operating Expenses (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments 170 340 -50.0%
Group Insurance · U.S. Businesses Division 181 179 +1.1%
Individual Life · U.S. Businesses Division 120 115 +4.3%
International Businesses · International Businesses 466 455 +2.4%
PGIM · PGIM Division 503 442 +13.8%
Retirement Strategies · Individual Retirement Strategies 132 135 -2.2%
Retirement Strategies · Institutional Retirement Strategies 67 51 +31.4%
Show Consolidation Items breakouts
Operating Segments 1,639 1,717 -4.5%
Comprehensive Income (Q) — — —
Show — breakouts
Comprehensive Income 2,177 3,048 -28.6%
Wtd Avg Shares (Basic) (Q) — — —
Show — breakouts
Wtd Avg Shares (Basic) 351.1 356.9 -1.6%
Wtd Avg Shares (Diluted) (Q) — — —
Show — breakouts
Wtd Avg Shares (Diluted) 353 358.7 -1.6%
Net Income Loss Available To Common Stockholders Basic (Q) — — —
Show — breakouts
Net Income Loss Available To Common Stockholders Basic 1,416 443 +219.6%
Interest Expense (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments 212 156 +35.9%
Group Insurance · U.S. Businesses Division 7 2 +250.0%
Individual Life · U.S. Businesses Division 259 256 +1.2%
International Businesses · International Businesses 2 5 -60.0%
PGIM · PGIM Division 27 30 -10.0%
Retirement Strategies · Individual Retirement Strategies 12 24 -50.0%
Retirement Strategies · Institutional Retirement Strategies 12 12 0.0%
Show Consolidation Items breakouts
Operating Segments 531 485 +9.5%
Show Fair Value By Asset Class breakouts
Notes Issued By Consolidated V I E [Member] 5 4 +25.0%
Other Expenses (Q) — — —
Show Business Segments breakouts
Corporate And Other · Operating Segments 0 0 —
Group Insurance · U.S. Businesses Division 0 0 —
Individual Life · U.S. Businesses Division 8 26 -69.2%
International Businesses · International Businesses -13 4 -425.0%
PGIM · PGIM Division 0 0 —
Retirement Strategies · Individual Retirement Strategies 6 6 0.0%
Retirement Strategies · Institutional Retirement Strategies 112 41 +173.2%
Show Consolidation Items breakouts
Operating Segments 113 77 +46.8%

Balance Sheet

Balance Sheet
Metric Q3 2025 Q3 2024 YoY
Current Assets
Cash & Cash Equivalents (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 6,948 9,815 -29.2%
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 573 704 -18.6%
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Show — breakouts
Cash & Cash Equivalents 17,469 20,198 -13.5%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 2 0 —
Variable Interest Entity Primary Beneficiary 360 263 +36.9%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 7,521 10,519 -28.5%
Estimate Of Fair Value Fair Value Disclosure 7,521 10,519 -28.5%
Short-Term Investments (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 578 540 +7.0%
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 0 32 -100.0%
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 578 572 +1.0%
Estimate Of Fair Value Fair Value Disclosure 578 572 +1.0%
Non-Current Assets
Deferred Tax Assets (Q) — — —
Show — breakouts
Deferred Tax Assets 240 479 -49.9%
Total Assets (Q) — — —
Show Business Segments breakouts
Group Insurance · U.S. Businesses Division 41,078 40,201 +2.2%
Individual Life · U.S. Businesses Division 130,030 122,526 +6.1%
PGIM · PGIM Division 39,056 — —
Retirement Strategies · Individual Retirement Strategies 159,573 152,002 +5.0%
Retirement Strategies · Institutional Retirement Strategies 134,703 131,755 +2.2%
Retirement Strategies · U.S. Businesses Division 294,276 283,757 +3.7%
Show Geography breakouts
International Businesses · International Businesses 192,229 193,296 -0.6%
Total U.S. Businesses · Operating Segments 465,384 446,484 +4.2%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 20,463 17,457 +17.2%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 539,919 543,005 -0.6%
Fair Value Inputs Level3 · Fair Value Measurements Recurring 18,488 14,424 +28.2%
Show — breakouts
Total Assets 776,302 760,294 +2.1%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 2,260 2,517 -10.2%
Variable Interest Entity Primary Beneficiary 11,532 9,379 +23.0%
Show Consolidation Items breakouts
Material Reconciling Items · Corporate and Other 31,115 31,712 -1.9%
Material Reconciling Items · Total Closed Block division 48,518 50,924 -4.7%
Show Ownership breakouts
Wholly-owned beneficial interests 4,218 4,615 -8.6%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 557,221 560,124 -0.5%
Other Assets
Available For Sale Securities Debt Securities (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Asset Backed Securities 0 — —
Fair Value Inputs Level1 · Commercial Mortgage Backed Securities 0 — —
Fair Value Inputs Level1 · Domestic Corporate Debt Securities 0 — —
Fair Value Inputs Level1 · Fair Value Measurements Recurring 0 — —
Fair Value Inputs Level1 · Foreign Corporate Debt Securities 0 — —
Fair Value Inputs Level1 · Foreign Government Debt Securities 0 — —
Fair Value Inputs Level1 · Private Equity Funds Domestic 0 — —
Fair Value Inputs Level1 · Private Equity Funds Foreign 0 — —
Fair Value Inputs Level1 · Residential Mortgage Backed Securities 0 — —
Fair Value Inputs Level1 · US States And Political Subdivisions 0 — —
Fair Value Inputs Level1 · US Treasury And Government 0 — —
Fair Value Inputs Level2 · Asset Backed Securities 14,805 — —
Fair Value Inputs Level2 · Commercial Mortgage Backed Securities 9,048 — —
Fair Value Inputs Level2 · Domestic Corporate Debt Securities 107,745 — —
Fair Value Inputs Level2 · Fair Value Measurements Recurring 324,364 — —
Fair Value Inputs Level2 · Foreign Corporate Debt Securities 24,486 — —
Fair Value Inputs Level2 · Foreign Government Debt Securities 55,740 — —
Fair Value Inputs Level2 · Private Equity Funds Domestic 42,343 — —
Fair Value Inputs Level2 · Private Equity Funds Foreign 38,227 — —
Fair Value Inputs Level2 · Residential Mortgage Backed Securities 4,230 — —
Fair Value Inputs Level2 · US States And Political Subdivisions 5,557 — —
Fair Value Inputs Level2 · US Treasury And Government 22,183 — —
Fair Value Inputs Level3 · Asset Backed Securities 3,731 — —
Fair Value Inputs Level3 · Commercial Mortgage Backed Securities 879 — —
Fair Value Inputs Level3 · Domestic Corporate Debt Securities 70 — —
Fair Value Inputs Level3 · Fair Value Measurements Recurring 11,050 — —
Fair Value Inputs Level3 · Foreign Corporate Debt Securities 40 — —
Fair Value Inputs Level3 · Foreign Government Debt Securities 5 — —
Fair Value Inputs Level3 · Private Equity Funds Domestic 4,541 — —
Fair Value Inputs Level3 · Private Equity Funds Foreign 1,774 — —
Fair Value Inputs Level3 · Residential Mortgage Backed Securities 5 — —
Fair Value Inputs Level3 · US States And Political Subdivisions 5 — —
Fair Value Inputs Level3 · US Treasury And Government 0 — —
Show Financial Instrument breakouts
Asset Backed Securities 18,536 — —
Asset Backed Securities · Fair Value Measurements Recurring 18,536 — —
Commercial Mortgage Backed Securities 9,927 — —
Commercial Mortgage Backed Securities · Fair Value Measurements Recurring 9,927 — —
Domestic Corporate Debt Securities 107,815 — —
Domestic Corporate Debt Securities · Fair Value Measurements Recurring 107,815 — —
Foreign Corporate Debt Securities 24,526 — —
Foreign Corporate Debt Securities · Fair Value Measurements Recurring 24,526 — —
Foreign Government Debt Securities 55,745 — —
Foreign Government Debt Securities · Fair Value Measurements Recurring 55,745 — —
Private Equity Funds Domestic 46,884 — —
Private Equity Funds Domestic · Fair Value Measurements Recurring 46,884 — —
Private Equity Funds Domestic · Prudential Netting Agreement 15,412 — —
Private Equity Funds Foreign 40,001 — —
Private Equity Funds Foreign · Fair Value Measurements Recurring 40,001 — —
Residential Mortgage Backed Securities 4,235 — —
Residential Mortgage Backed Securities · Fair Value Measurements Recurring 4,235 — —
US States And Political Subdivisions 5,562 — —
US States And Political Subdivisions · Fair Value Measurements Recurring 5,562 — —
US Treasury And Government 22,183 — —
US Treasury And Government · Fair Value Measurements Recurring 22,183 — —
Show — breakouts
Available For Sale Securities Debt Securities 335,414 — —
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 727 — —
Variable Interest Entity Primary Beneficiary 1,607 — —
Show Derivative Instruments Gain Loss By Hedging Relationship breakouts
Cumulative Adjustment Included in Carrying Amount 16 — —
Fair Value Hedging 652 — —
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 335,414 — —
Trading Securities Debt (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 0 0 —
Fair Value Inputs Level2 · Fair Value Measurements Recurring 11,918 10,451 +14.0%
Fair Value Inputs Level3 · Fair Value Measurements Recurring 2,657 1,614 +64.6%
Show — breakouts
Trading Securities Debt 14,575 12,065 +20.8%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 0 0 —
Variable Interest Entity Primary Beneficiary 137 561 -75.6%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 14,575 12,065 +20.8%
Assetssupportingexperienceratedcontractholderliabilitiesatfairvalue (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Corporate Debt Securities 0 0 —
Fair Value Inputs Level1 · Equity Securities 2,074 1,353 +53.3%
Fair Value Inputs Level1 · Fair Value Measurements Recurring 2,074 1,353 +53.3%
Fair Value Inputs Level1 · Foreign Government Debt Securities 0 0 —
Fair Value Inputs Level1 · US Treasury And Government 0 0 —
Fair Value Inputs Level2 · Corporate Debt Securities 61 75 -18.7%
Fair Value Inputs Level2 · Equity Securities 1,646 1,396 +17.9%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 2,574 2,301 +11.9%
Fair Value Inputs Level2 · Foreign Government Debt Securities 623 606 +2.8%
Fair Value Inputs Level2 · US Treasury And Government 244 224 +8.9%
Fair Value Inputs Level3 · Corporate Debt Securities 0 0 —
Fair Value Inputs Level3 · Equity Securities 0 0 —
Fair Value Inputs Level3 · Fair Value Measurements Recurring 0 0 —
Fair Value Inputs Level3 · Foreign Government Debt Securities 0 0 —
Fair Value Inputs Level3 · US Treasury And Government 0 0 —
Show Financial Instrument breakouts
Corporate Debt Securities 61 75 -18.7%
Corporate Debt Securities · Fair Value Measurements Recurring 61 75 -18.7%
Equity Securities · Fair Value Measurements Recurring 3,720 2,749 +35.3%
Foreign Government Debt Securities 623 606 +2.8%
Foreign Government Debt Securities · Fair Value Measurements Recurring 623 606 +2.8%
US Government Agencies Debt Securities 244 224 +8.9%
US Treasury And Government · Fair Value Measurements Recurring 244 224 +8.9%
Show — breakouts
Assetssupportingexperienceratedcontractholderliabilitiesatfairvalue 4,648 3,654 +27.2%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 4,648 3,654 +27.2%
Show Investment Type breakouts
Equity Securities 3,720 2,749 +35.3%
Fixed Maturities 928 905 +2.5%
Equity Securities Fv Ni (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 6,102 4,361 +39.9%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 2,061 1,820 +13.2%
Fair Value Inputs Level3 · Fair Value Measurements Recurring 631 590 +6.9%
Show — breakouts
Equity Securities Fv Ni 8,794 6,771 +29.9%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 0 0 —
Variable Interest Entity Primary Beneficiary 97 88 +10.2%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 8,794 6,771 +29.9%
Notes Receivable Net (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 0 — —
Fair Value Inputs Level1 · Fair Value Measurements Recurring 0 — —
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 16 — —
Fair Value Inputs Level2 · Fair Value Measurements Recurring 1,073 — —
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 61,917 — —
Fair Value Inputs Level3 · Fair Value Measurements Recurring 263 — —
Fair Value Inputs Level3 · Internal 263 — —
Show Financial Instrument breakouts
Commercial mortgage and agricultural property loans 63,381 — —
Fair value option 1,336 — —
Fair value option, aggregate contractual principal 1,328 — —
Other loans 1,432 — —
Show — breakouts
Notes Receivable Net 64,813 — —
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 356 — —
Variable Interest Entity Primary Beneficiary 681 — —
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 63,477 — —
Estimate Of Fair Value Fair Value Disclosure 61,933 — —
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 1,336 — —
Policy Loans Receivable (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 11 8 +37.5%
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 9,940 9,939 0.0%
Show — breakouts
Policy Loans Receivable 9,951 9,947 0.0%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 9,951 9,947 0.0%
Estimate Of Fair Value Fair Value Disclosure 9,951 9,947 0.0%
Other Investments (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Fair Value Inputs Level1 · Fair Value Measurements Recurring 640 23 +2682.6%
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 93 95 -2.1%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 23,116 15,888 +45.5%
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Fair Value Inputs Level3 · Fair Value Measurements Recurring 1,012 928 +9.1%
Show Debt Instrument breakouts
Debt · Real Estate Investment 228 151 +51.0%
Show Financial Instrument breakouts
Fair value option 26 19 +36.8%
Show — breakouts
Other Investments 27,665 25,367 +9.1%
Show Consolidated Entities breakouts
Partnership Interest 20,726 21,203 -2.2%
Partnership Interest · Equity Method Investments 17,021 16,200 +5.1%
Partnership Interest · Equity Method Investments 3,012 3,079 -2.2%
Partnership Interest · Equity Method Investments 11,244 10,129 +11.0%
Partnership Interest · Equity Method Investments 2,765 2,992 -7.6%
Partnership Interest · Estimate Of Fair Value Fair Value Disclosure 3,705 5,003 -25.9%
Partnership Interest · Estimate Of Fair Value Fair Value Disclosure 1,943 2,036 -4.6%
Partnership Interest · Estimate Of Fair Value Fair Value Disclosure 911 2,020 -54.9%
Partnership Interest · Estimate Of Fair Value Fair Value Disclosure 851 947 -10.1%
Variable Interest Entity Not Primary Beneficiary 484 515 -6.0%
Variable Interest Entity Primary Beneficiary 7,319 6,093 +20.1%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 93 95 -2.1%
Estimate Of Fair Value Fair Value Disclosure 93 95 -2.1%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 3,119 2,077 +50.2%
Show Financing Receivable Recorded Investment By Class Of Financing Receivable breakouts
Leveraged lease loans 2 2 0.0%
Show Investment Type breakouts
Alternative assets 22,581 — —
Credit-like instruments 1,230 — —
Derivative 2,103 1,147 +83.3%
Other Investments 1,751 1,192 +46.9%
Wholly Owned Properties 1,855 1,825 +1.6%
Short Term Investments Excluding Debt Securities Trading (Q) — — —
Show — breakouts
Short Term Investments Excluding Debt Securities Trading 6,248 8,010 -22.0%
Investments (Q) — — —
Show — breakouts
Investments 472,108 469,117 +0.6%
Accrued Investment Income Receivable (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 3,581 3,566 +0.4%
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Show — breakouts
Accrued Investment Income Receivable 3,581 3,566 +0.4%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 3 3 0.0%
Variable Interest Entity Primary Beneficiary 3 7 -57.1%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 3,581 3,566 +0.4%
Estimate Of Fair Value Fair Value Disclosure 3,581 3,566 +0.4%
Show Investment Type breakouts
Equity Securities 10 9 +11.1%
Fixed Maturities 3,020 2,987 +1.1%
Loans 241 223 +8.1%
Other Investments 11 30 -63.3%
Policy Loans 252 253 -0.4%
Short-term investments and cash equivalents [Member] 47 64 -26.6%
Deferred Policy Acquisition Costs (Q) — — —
Show Product Lines breakouts
Individual Variable · Retirement Strategies 3,812 3,692 +3.3%
Term Life Insurance · Individual Life 2,206 2,219 -0.6%
Variable Universal Life · Individual Life 5,232 5,417 -3.4%
Show Business Segments breakouts
All Other Segments 454 296 +53.4%
International Businesses 9,764 9,558 +2.2%
Total 21,014 20,886 +0.6%
Show — breakouts
Deferred Policy Acquisition Costs 21,468 21,182 +1.4%
Value Of Business Acquired V O B A (Q) — — —
Show Product Lines breakouts
Gibraltar Life and Other 417 471 -11.5%
Show Business Segments breakouts
All Other Segments 13 17 -23.5%
International Businesses 430 488 -11.9%
Show — breakouts
Value Of Business Acquired V O B A 430 488 -11.9%
Market Risk Benefit Asset Amount (Q) — — —
Show Product Lines breakouts
Individual Fixed · Individual Retirement Strategies 5 0 —
Individual Variable · Individual Retirement Strategies 2,246 2,122 +5.8%
Show Business Segments breakouts
All Other Segments 1 12 -91.7%
Total 2,252 2,134 +5.5%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 0 0 —
Fair Value Inputs Level2 · Fair Value Measurements Recurring 0 0 —
Fair Value Inputs Level3 · Fair Value Measurements Recurring 2,252 2,134 +5.5%
Fair Value Inputs Level3 · Internal 2,252 2,134 +5.5%
Show — breakouts
Market Risk Benefit Asset Amount 2,252 2,134 +5.5%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 2,252 2,134 +5.5%
Reinsurance Recoverable And Deposit Receivables Including Reinsurance Premium Paid (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 0 — —
Fair Value Inputs Level1 · Fair Value Measurements Recurring 0 — —
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 9 — —
Fair Value Inputs Level2 · Fair Value Measurements Recurring 137 — —
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 5,939 — —
Fair Value Inputs Level3 · Fair Value Measurements Recurring 353 — —
Fair Value Inputs Level3 · Internal 353 — —
Show — breakouts
Reinsurance Recoverable And Deposit Receivables Including Reinsurance Premium Paid 44,947 — —
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 5,948 — —
Estimate Of Fair Value Fair Value Disclosure 5,948 — —
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 490 — —
Other Assets (Q) — — —
Show — breakouts
Other Assets 15,267 — —
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 688 — —
Variable Interest Entity Primary Beneficiary 1,328 — —
Show Related Party Transactions By Related Party breakouts
Related Party 162 — —
Separate Account Assets (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 9,887 9,383 +5.4%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 160,849 164,499 -2.2%
Fair Value Inputs Level3 · Fair Value Measurements Recurring 239 272 -12.1%
Show — breakouts
Separate Account Assets 198,540 200,550 -1.0%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 170,975 174,154 -1.8%
Show Separate Account Asset Category breakouts
Asset-backed securities 2,084 1,258 +65.7%
Commercial mortgage and other loans 55 62 -11.3%
Equity 93,123 94,457 -1.4%
Fixed Income 31,545 34,531 -8.6%
Foreign corporate securities 3,204 3,173 +1.0%
Foreign government bonds 104 98 +6.1%
Obligations of U.S. states and their political subdivisions 2,512 2,215 +13.4%
Other 6,264 5,576 +12.3%
Other invested assets 19,981 18,788 +6.3%
Separate Account Cash And Cash Equivalents 2,321 2,623 -11.5%
Separate Account Equity Security 5,475 5,088 +7.6%
Separate Account Mortgage Backed Security 13,503 15,017 -10.1%
Separate Account Short Term Investment 1,032 1,194 -13.6%
U.S. corporate securities 12,529 11,782 +6.3%
U.S. Treasury securities and obligations of U.S. government authorities and agencies 4,808 4,688 +2.6%
Current Liabilities
Total Current Liabilities (Q) — — —
Show Financial Instrument breakouts
Fair value option 313 440 -28.9%
Fair value option, aggregate contractual principal 313 443 -29.3%
Debt Current (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 1,368 519 +163.6%
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 0 440 -100.0%
Show Debt Instrument breakouts
Commercial Paper · Maturity On Demand 2,304 1,671 +37.9%
Commercial Paper · Maturity Overnight 360 95 +278.9%
Show — breakouts
Debt Current 1,386 950 +45.9%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 1,386 950 +45.9%
Estimate Of Fair Value Fair Value Disclosure 1,368 959 +42.6%
Non-Current Liabilities
Long-Term Debt (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 1,231 565 +117.9%
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 16,671 17,975 -7.3%
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 573 406 +41.1%
Show — breakouts
Long-Term Debt 18,797 19,076 -1.5%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 18,797 19,076 -1.5%
Carrying Reported Amount Fair Value Disclosure · Prudential Netting Agreement 15,412 12,376 +24.5%
Estimate Of Fair Value Fair Value Disclosure 18,475 18,946 -2.5%
Estimate Of Fair Value Fair Value Disclosure · Prudential Netting Agreement 15,412 12,387 +24.4%
Total Liabilities (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 569 45 +1164.4%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 35,638 27,300 +30.5%
Fair Value Inputs Level3 · Fair Value Measurements Recurring 23,040 17,597 +30.9%
Show — breakouts
Total Liabilities 741,487 727,719 +1.9%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 33 42 -21.4%
Variable Interest Entity Primary Beneficiary 2,409 1,589 +51.6%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 28,613 21,936 +30.4%
Other Liabilities
Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense (Q) — — —
Show — breakouts
Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense 272,553 285,474 -4.5%
Show Derivative Instruments Gain Loss By Hedging Relationship breakouts
Cumulative Adjustment Included in Carrying Amount -264 — —
Fair Value Hedging 2,439 — —
Policyholder Contract Deposits (Q) — — —
Show — breakouts
Policyholder Contract Deposits 188,657 — —
Show Derivative Instruments Gain Loss By Hedging Relationship breakouts
Cumulative Adjustment Included in Carrying Amount -281 — —
Fair Value Hedging 1,585 — —
Market Risk Benefit Liability Amount (Q) — — —
Show Product Lines breakouts
Individual Fixed · Individual Retirement Strategies 200 0 —
Individual Variable · Individual Retirement Strategies 4,534 5,113 -11.3%
Show Business Segments breakouts
All Other Segments 37 65 -43.1%
Total 4,771 5,178 -7.9%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 0 0 —
Fair Value Inputs Level2 · Fair Value Measurements Recurring 0 0 —
Fair Value Inputs Level3 · Fair Value Measurements Recurring 4,771 5,178 -7.9%
Fair Value Inputs Level3 · Internal 4,771 5,178 -7.9%
Show — breakouts
Market Risk Benefit Liability Amount 4,771 5,178 -7.9%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 4,771 5,178 -7.9%
Policyholder Dividends Payable (Q) — — —
Show — breakouts
Policyholder Dividends Payable 1,412 2,089 -32.4%
Securities Sold Under Agreements To Repurchase (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 0 — —
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 9,937 — —
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 0 — —
Show — breakouts
Securities Sold Under Agreements To Repurchase 9,937 — —
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 9,937 — —
Estimate Of Fair Value Fair Value Disclosure 9,937 — —
Obligation To Return Securities Received As Collateral (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 8,597 8,471 +1.5%
Fair Value Inputs Level3 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Show — breakouts
Obligation To Return Securities Received As Collateral 8,597 8,471 +1.5%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 8,597 8,471 +1.5%
Estimate Of Fair Value Fair Value Disclosure 8,597 8,471 +1.5%
Reinsurance Payable And Funds Withheld Payable (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Estimate Of Fair Value Fair Value Disclosure 0 0 —
Fair Value Inputs Level1 · Fair Value Measurements Recurring 0 0 —
Fair Value Inputs Level2 · Estimate Of Fair Value Fair Value Disclosure 10,398 10,312 +0.8%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 108 577 -81.3%
Fair Value Inputs Level3 · Fair Value Measurements Recurring 0 0 —
Show — breakouts
Reinsurance Payable And Funds Withheld Payable 17,874 17,443 +2.5%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 10,373 10,281 +0.9%
Carrying Reported Amount Fair Value Disclosure · Prismic Re 7,707 7,902 -2.5%
Estimate Of Fair Value Fair Value Disclosure 10,373 10,281 +0.9%
Estimate Of Fair Value Fair Value Disclosure · Prismic Re 7,707 7,902 -2.5%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 108 577 -81.3%
Debt Current Excluding Securities Sold (Q) — — —
Show — breakouts
Debt Current Excluding Securities Sold 1,386 950 +45.9%
Other Liabilities (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fair Value Measurements Recurring 569 45 +1164.4%
Fair Value Inputs Level2 · Fair Value Measurements Recurring 35,530 26,723 +33.0%
Fair Value Inputs Level3 · Fair Value Measurements Recurring 0 2 -100.0%
Show — breakouts
Other Liabilities 17,095 15,489 +10.4%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 6 0 —
Variable Interest Entity Primary Beneficiary 568 175 +224.6%
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring 5,465 3,764 +45.2%
Notes Issued By Consolidated Variable Interest Entities (Q) — — —
Show Financial Instrument breakouts
Fair value option 313 440 -28.9%
Show — breakouts
Notes Issued By Consolidated Variable Interest Entities 1,868 1,456 +28.3%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 27 42 -35.7%
Variable Interest Entity Primary Beneficiary 1,841 1,414 +30.2%
Separate Accounts Liability (Q) — — —
Show Product Lines breakouts
Group Insurance 26,988 26,021 +3.7%
Individual Life 52,932 45,934 +15.2%
Individual Retirement Strategies · Retirement Strategies 83,636 92,611 -9.7%
Institutional Retirement Strategies · Retirement Strategies 9,184 10,212 -10.1%
PGIM 29,734 29,331 +1.4%
Show Business Segments breakouts
Corporate And Other -3,934 -3,559 -10.5%
Total 202,474 204,109 -0.8%
Show — breakouts
Separate Accounts Liability 198,540 200,550 -1.0%
Redeemable Noncontrolling Interest Equity Carrying Amount (Q) — — —
Show — breakouts
Redeemable Noncontrolling Interest Equity Carrying Amount 2,358 560 +321.1%
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests (Q) — — —
Show — breakouts
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests 2,358 560 +321.1%
Stockholders' Equity
Preferred Stock Value (Q) — — —
Show — breakouts
Preferred Stock Value 0 0 —
Common Stock (Q) — — —
Show — breakouts
Common Stock 6 6 0.0%
Additional Paid In Capital Common Stock (Q) — — —
Show — breakouts
Additional Paid In Capital Common Stock 25,968 25,850 +0.5%
Treasury Stock Value (Q) — — —
Show — breakouts
Treasury Stock Value -25,111 -24,310 -3.3%
Accumulated Other Comprehensive Income (Q) — — —
Show — breakouts
Accumulated Other Comprehensive Income -3,175 — —
Show Related Party Transactions By Related Party breakouts
Related Party -40 — —
Retained Earnings (Q) — — —
Show — breakouts
Retained Earnings 34,406 33,714 +2.1%
Total Stockholders' Equity (Q) — — —
Show — breakouts
Total Stockholders' Equity 32,094 30,416 +5.5%
Minority Interest (Q) — — —
Show — breakouts
Minority Interest 363 1,599 -77.3%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest (Q) — — —
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -2,233 -2,062 -8.3%
Accumulated Gain Loss Net Cash Flow Hedge Parent -161 — —
Accumulated Net Unrealized Investment Gain Loss -17,733 -10,897 -62.7%
Accumulated Net Unrealized Investment Gain Loss · Cash Flow Hedging -161 694 -123.2%
Accumulated Net Unrealized Investment Gain Loss · Fair Value Hedging -171 -164 -4.3%
Accumulated Other Comprehensive Income -3,175 -4,844 +34.5%
Accumulated Translation Adjustment -2,861 -2,664 -7.4%
Additional Paid In Capital 25,968 25,850 +0.5%
Aoci Liability For Future Policy Benefit Parent 19,190 9,991 +92.1%
Common Stock 6 6 0.0%
Future Policy Benefits, Policyholders’ Account Balances and Reinsurance Payables 596 — —
Gains (Losses) from Changes in Non-performance Risk on Market Risk Benefits 462 788 -41.4%
Income Tax Benefit (Expense) 5,958 — —
Net Unrealized Investment Gains (Losses) on All Other Investments -25,230 — —
Net Unrealized Investment Gains (Losses) on Available-for-Sale Fixed Maturity Securities on Which an Allowance for Credit Losses has been Recorded 3 — —
Noncontrolling Interest 363 275 +32.0%
Parent 32,094 30,416 +5.5%
Policyholders’ Dividends 1,099 — —
Reinsurance Recoverables -159 — —
Retained Earnings 34,406 33,714 +2.1%
Treasury Stock Common · Common Stock -25,111 -24,310 -3.3%
Show — breakouts
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 32,457 30,691 +5.8%
Total Liabilities & Equity (Q) — — —
Show — breakouts
Total Liabilities & Equity 776,302 760,294 +2.1%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q3 2025 YTD Q3 2024 YoY
Operating Activities
Insurance Services Revenue (YTD) — — —
Show — breakouts
Insurance Services Revenue -1,513 -1,682 +10.0%
Interest Credited To Policy Owner Account (YTD) — — —
Show — breakouts
Interest Credited To Policy Owner Account 3,545 3,248 +9.1%
Depreciation & Amortization (YTD) — — —
Show — breakouts
Depreciation & Amortization 177 330 -46.4%
Gains Losses On Assets Supporting Experience Rated Contractholder Liabilities Net (YTD) — — —
Show — breakouts
Gains Losses On Assets Supporting Experience Rated Contractholder Liabilities Net -326 -328 +0.6%
Increase Decrease In Deferred Policy Acquisition Costs (YTD) — — —
Show — breakouts
Increase Decrease In Deferred Policy Acquisition Costs -954 -782 -22.0%
Show Related Party Transactions By Related Party breakouts
Related Party -7 0 —
Increase Decrease In Insurance Liabilities (YTD) — — —
Show — breakouts
Increase Decrease In Insurance Liabilities 2,639 4,526 -41.7%
Increase Decrease In Reinsurance Related Balances (YTD) — — —
Show — breakouts
Increase Decrease In Reinsurance Related Balances -1,698 -1,343 -26.4%
Show Related Party Transactions By Related Party breakouts
Related Party 605 562 +7.7%
Increase Decrease In Income Taxes (YTD) — — —
Show — breakouts
Increase Decrease In Income Taxes -235 143 -264.3%
Increase Decrease In Derivative Assets And Liabilities (YTD) — — —
Show — breakouts
Increase Decrease In Derivative Assets And Liabilities -658 285 -330.9%
Increase Decrease In Other Operating Capital Net (YTD) — — —
Show — breakouts
Increase Decrease In Other Operating Capital Net -4,724 -3,628 -30.2%
Show Related Party Transactions By Related Party breakouts
Related Party -18 8 -325.0%
Net Cash from Operations (YTD) — — —
Show — breakouts
Net Cash from Operations 2,952 6,180 -52.2%
Investing Activities
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities (YTD) — — —
Show Financial Instrument breakouts
Fixed Maturities · Availableforsale Securities 17,234 16,213 +6.3%
Show — breakouts
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 30,712 39,839 -22.9%
Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment (YTD) — — —
Show — breakouts
Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment 2,890 2,504 +15.4%
Proceeds From Assets Supporting Experience Rated Contractholder Liabilities (YTD) — — —
Show — breakouts
Proceeds From Assets Supporting Experience Rated Contractholder Liabilities 1,093 1,172 -6.7%
Proceeds From Sale And Maturity Of Marketable Securities (YTD) — — —
Show — breakouts
Proceeds From Sale And Maturity Of Marketable Securities 5,504 4,527 +21.6%
Proceeds From Sale And Collection Of Mortgage Notes Receivable (YTD) — — —
Show — breakouts
Proceeds From Sale And Collection Of Mortgage Notes Receivable 5,401 3,587 +50.6%
Proceeds From Collection Of Policy Loans (YTD) — — —
Show — breakouts
Proceeds From Collection Of Policy Loans 1,387 1,492 -7.0%
Proceeds From Sale And Maturity Of Other Investments (YTD) — — —
Show — breakouts
Proceeds From Sale And Maturity Of Other Investments 2,092 1,383 +51.3%
Proceeds From Sale Maturity And Collection Of Shortterm Investments (YTD) — — —
Show — breakouts
Proceeds From Sale Maturity And Collection Of Shortterm Investments 23,574 23,095 +2.1%
Purchases of Investments (YTD) — — —
Show — breakouts
Purchases of Investments -50,830 -53,915 +5.7%
Payments To Acquire Trading Securities Heldforinvestment (YTD) — — —
Show — breakouts
Payments To Acquire Trading Securities Heldforinvestment -4,678 -4,913 +4.8%
Paymentsto Acquire Assets Supporting Experiencerated Contractholder Liabilities (YTD) — — —
Show — breakouts
Paymentsto Acquire Assets Supporting Experiencerated Contractholder Liabilities -1,455 -1,346 -8.1%
Payments To Acquire Marketable Securities (YTD) — — —
Show — breakouts
Payments To Acquire Marketable Securities -4,166 -2,527 -64.9%
Payments To Acquire Mortgage Notes Receivable (YTD) — — —
Show — breakouts
Payments To Acquire Mortgage Notes Receivable -6,942 -6,360 -9.2%
Payments To Fund Policy Loans (YTD) — — —
Show — breakouts
Payments To Fund Policy Loans -1,165 -1,179 +1.2%
Payments To Acquire Longterm Investments (YTD) — — —
Show — breakouts
Payments To Acquire Longterm Investments -2,386 -2,651 +10.0%
Payments To Acquire Short Term Investments (YTD) — — —
Show — breakouts
Payments To Acquire Short Term Investments -21,198 -25,952 +18.3%
Payments For Proceeds From Derivative Instrument Investing Activities (YTD) — — —
Show — breakouts
Payments For Proceeds From Derivative Instrument Investing Activities -23 -97 +76.3%
Other Investing Activities (YTD) — — —
Show — breakouts
Other Investing Activities -345 57 -705.3%
Show Related Party Transactions By Related Party breakouts
Related Party -64 0 —
Net Cash from Investing (YTD) — — —
Show — breakouts
Net Cash from Investing -20,535 -21,284 +3.5%
Stock Issued1 (YTD) — — —
Show — breakouts
Stock Issued1 182 214 -15.0%
Assets Received And Related Liabilities Recorded Pension Risk Transferassetsreceived (YTD) — — —
Show Other Significant Noncash Transactions By Unique Description breakouts
Pension Risk Transfer 0 11,693 -100.0%
Liabilities Assumed1 (YTD) — — —
Show Other Significant Noncash Transactions By Unique Description breakouts
Pension Risk Transfer 0 16,020 -100.0%
Reinsurance Recoverable Under M O D C O (YTD) — — —
Show Other Significant Noncash Transactions By Unique Description breakouts
Somerset Re 0 -578 +100.0%
Deffered Reinsurance Gain (YTD) — — —
Show Other Significant Noncash Transactions By Unique Description breakouts
Somerset Re 0 363 -100.0%
Other Significant Noncash Transaction Value Of Consideration Cash (YTD) — — —
Show Other Significant Noncash Transactions By Unique Description breakouts
Pension Risk Transfer 0 4,327 -100.0%
Prismic Re International -78 0 —
Somerset Re 0 69 -100.0%
Asset Acquisition Consideration Transferred Other Assets (YTD) — — —
Show Other Significant Noncash Transactions By Unique Description breakouts
Prismic Re International 6,069 0 —
Deposit Assets Established For P H A B (YTD) — — —
Show Other Significant Noncash Transactions By Unique Description breakouts
Prismic Re International -6,366 0 —
Unwind Of D A C Ceded (YTD) — — —
Show Other Significant Noncash Transactions By Unique Description breakouts
Prismic Re International 219 0 —
Somerset Re 0 284 -100.0%
Financing Activities
Additions To Contract Holders Funds (YTD) — — —
Show — breakouts
Additions To Contract Holders Funds 30,347 27,657 +9.7%
Withdrawal From Contract Holders Funds (YTD) — — —
Show — breakouts
Withdrawal From Contract Holders Funds -14,879 -14,170 -5.0%
Proceeds From Payments For Securities Sold Under Agreements To Repurchase And Cash Collateral For Loaned Securities (YTD) — — —
Show — breakouts
Proceeds From Payments For Securities Sold Under Agreements To Repurchase And Cash Collateral For Loaned Securities 2,117 3,393 -37.6%
Payments Of Dividends Common Stock (YTD) — — —
Show — breakouts
Payments Of Dividends Common Stock -1,451 -1,424 -1.9%
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less (YTD) — — —
Show — breakouts
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less 551 -536 +202.8%
Share Repurchases (YTD) — — —
Show — breakouts
Share Repurchases -746 -746 0.0%
Show Share Repurchase Program breakouts
Under December 2024 Board Of Directors Authorization · Common Stock -750 -750 0.0%
Proceeds From Stock Options Exercised (YTD) — — —
Show — breakouts
Proceeds From Stock Options Exercised 84 142 -40.8%
Proceeds From Other Debt (YTD) — — —
Show — breakouts
Proceeds From Other Debt 1,071 1,303 -17.8%
Repayments Of Other Debt (YTD) — — —
Show — breakouts
Repayments Of Other Debt -1,546 -812 -90.4%
Proceedsfromnotesissuedbyconsolidated V I Es (YTD) — — —
Show — breakouts
Proceedsfromnotesissuedbyconsolidated V I Es 496 823 -39.7%
Repaymentsofnotesissuesbyconsolidated V I Es (YTD) — — —
Show — breakouts
Repaymentsofnotesissuesbyconsolidated V I Es -187 -393 +52.4%
Proceeds From Payments For Other Financing Activities (YTD) — — —
Show — breakouts
Proceeds From Payments For Other Financing Activities 518 737 -29.7%
Show Related Party Transactions By Related Party breakouts
Related Party -267 -285 +6.3%
Net Cash from Financing (YTD) — — —
Show — breakouts
Net Cash from Financing 16,375 15,974 +2.5%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (YTD) — — —
Show — breakouts
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 212 -105 +301.9%
Net Change in Cash (YTD) — — —
Show — breakouts
Net Change in Cash -996 765 -230.2%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) — — —
Show Other Significant Noncash Transactions By Unique Description breakouts
Prismic Re International 17,524 — —
Restricted Cash And Cash Equivalents (Q) — — —
Show — breakouts
Restricted Cash And Cash Equivalents 55 30 +83.3%
Total Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents (Q) — — —
Show — breakouts
Total Cash Cash Equivalents Restricted Cashand Restricted Cash Equivalents 17,524 20,228 -13.4%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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