Prudential Financial, Inc. PJH Cash Flow

Prudential financial, inc. (PJH)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)
4,238	4,088	7,974	4,419	5,712	1,438	-560	570	3,666	3,012	3,090	-1,081	3,729
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Realized Investment Gains (Losses)
-459	1,977	432	2,194	4,025	1,636	-5,206	-1,441	2,831	1,050	-2,897	-2,457	613
Policy charges and fee income
2,616	2,248	2,476	1,907	1,883	2,156	1,649	1,412	1,147	978	1,152	-1,043	915
Interest credited to policyholders’ account balances
4,880	3,196	3,822	3,761	3,479	-4,263	-3,111	-4,234	-4,484	-4,209	-4,484	2,335	-3,222
Depreciation and amortization
460	161	222	318	113	631	411	302	290	-104	175	717	339
(Gains) losses on assets supporting experience-rated contractholder liabilities, net
971	-863	336	-17	-524	339	-250	613	235	501	1,601	1,706	0
Gain on Sale of Wachovia Interest
-	-	-	-	-	-	-	-	-	0	2,247	0	0
Change in:
Deferred policy acquisition costs
634	597	1,240	968	533	721	2,661	2,061	376	1,376	1,277	-879	1,253
Future policy benefits and other insurance liabilities
10,992	16,481	10,940	10,584	8,311	11,276	8,379	17,784	6,799	4,497	2,524	2,749	2,941
Other trading account assets
-	-	-	-	-	-44	33	33	-329	644	-45	1,388	1,649
Income taxes
-339	49	-1,619	618	1,217	298	-1,343	527	-83	-1,133	1,101	-537	105
Derivatives, net
-1,485	-968	2,268	-1,067	-1,305	-4,989	3,747	-	-	-	-	-	-
Other, net
-1,671	-680	1,127	839	278	-1,309	-1,081	-170	-1,481	-610	2,199	3,043	-86
Cash flows from (used in) operating activities
19,625	21,664	13,460	14,876	13,942	19,396	8,445	20,909	12,377	6,542	5,840	10,855	5,992
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale
52,306	59,675	58,244	49,713	47,080	49,529	60,719	38,678	42,548	28,561	42,221	81,946	99,134
Fixed maturities, held-to-maturity
100	94	155	271	235	415	587	528	455	470	378	245	255
Fixed maturities, trading
363	623	1,406	1,511	14,313	13,548	19,412	15,347	22,388	39,150	38,782	27,272	0
Assets supporting experience-rated contractholder liabilities
15,281	27,383	39,057	32,158	-	-	-	-	-	-	-	-	-
Equity securities
2,708	3,771	4,718	3,866	4,577	5,001	4,227	4,202	3,742	2,485	2,246	3,326	5,140
Commercial mortgage and other loans
6,525	6,474	6,076	6,342	5,464	4,076	6,501	5,327	4,814	4,379	3,767	3,024	4,647
Policy loans
2,279	2,309	2,403	2,277	2,199	2,084	2,231	2,241	2,035	1,714	1,688	1,916	1,299
Other invested assets
1,783	1,549	1,332	1,133	1,276	574	1,594	1,474	2,120	1,071	1,160	2,317	1,095
Short-term investments
38,095	33,846	29,328	43,813	77,021	73,823	60,002	28,123	27,098	20,896	25,905	38,080	18,649
Payments for the purchase/origination of:
Proceeds From Sale Of Wachovia Joint Venture
-	-	-	-	-	-	-	-	-	-	4,500	0	0
Fixed maturities, available-for-sale
64,570	77,234	68,667	66,857	47,606	57,467	67,774	52,212	52,045	38,213	42,911	86,923	98,671
Fixed maturities, held-to-maturity
0	9	0	0	-	21	208	18	76	199	1,122	38	209
Fixed maturities, trading
876	1,080	1,839	2,880	18,608	16,522	22,552	16,115	23,684	39,744	40,085	28,905	0
Assets supporting experience-rated contractholder liabilities
14,613	27,315	39,031	33,297	-	-	-	-	-	-	-	-	-
Equity securities
2,813	3,254	2,990	3,334	4,055	4,476	4,301	4,001	3,080	2,461	1,665	3,707	5,326
Commercial mortgage and other loans
10,677	10,328	8,857	8,548	9,392	9,346	10,316	7,066	6,829	4,760	2,755	5,731	8,264
Policy loans
1,931	1,970	1,929	1,882	1,782	1,855	1,831	2,012	1,815	1,547	1,593	1,738	1,306
Other invested assets
2,557	2,664	1,780	1,923	2,005	1,805	1,800	1,736	1,865	824	1,018	2,794	2,503
Short-term investments
37,286	33,336	28,405	43,483	76,622	74,295	61,034	28,323	26,962	19,922	26,876	38,644	18,737
Acquisitions, net of cash acquired
1,755	0	64	532	0	23	488	0	2,321	0	0	-	-
Derivatives, net
-1,047	-26	391	-314	-53	555	950	-	-	-	-	-	-
Other, net
437	188	723	356	-106	-227	353	-143	-182	-422	193	351	261
Cash flows from (used in) investing activities
-17,028	-21,628	-11,957	-21,694	-7,746	-17,088	-16,334	-15,420	-13,295	-8,522	2,429	-10,705	-5,058
CASH FLOWS FROM FINANCING ACTIVITIES
Policyholders’ account deposits
27,485	28,791	26,462	29,642	23,206	23,977	24,721	22,822	24,336	22,271	23,464	34,175	19,382
Policyholders’ account withdrawals
26,662	27,287	25,657	24,143	21,963	22,003	24,960	24,014	22,564	22,176	26,187	23,105	19,045
Net change in securities sold under agreements to repurchase and cash collateral for loaned securities
16	1,125	815	561	-2,270	710	3,200	584	1,126	-863	-2,677	-5,948	-1,546
Cash dividends paid on Common Stock
1,641	1,521	1,296	1,300	1,117	1,008	828	768	704	575	347	298	514
Cash dividends paid on Class B Stock
-	-	-	-	-	-	-	-	-	-	-	19	19
Net change in financing arrangements (maturities 90 days or less)
-181	199	38	292	68	-27	96	-583	104	684	-4,566	-2,809	352
Payments for Repurchase of Common Stock
2,500	1,500	1,250	2,000	1,013	1,000	738	650	999	0	0	2,161	3,000
Common Stock reissued for exercise of stock options
133	132	246	426	209	269	348	150	122	98	64	105	221
Proceeds from the issuance of debt (maturities longer than 90 days)
2,993	2,934	1,225	2,742	5,166	7,955	4,660	6,064	2,266	4,561	5,314	11,781	10,429
Repayments of debt (maturities longer than 90 days)
1,429	1,810	1,827	2,753	4,957	7,384	3,939	3,391	1,739	3,738	7,130	7,875	5,124
Proceeds from notes issued by consolidated VIEs
971	0	0	-	-	-	-	-	-	-	-	-	-
Repayments of notes issued by consolidated VIEs
638	0	0	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based payment arrangements
-	-	-	21	19	26	32	51	20	12	2	24	106
Proceeds from Issuance of Common Stock
-	-	-	-	-	-	-	-	-	970	1,391	0	0
Change In Bank Deposits
-	-	-	-	-	-	-	-1,730	-22	230	-	-	-
Other, net
-181	-282	-14	-168	-268	133	-331	160	153	139	251	-149	325
Cash flows from (used in) financing activities
-1,634	781	-1,258	3,201	-3,571	1,629	2,242	-1,305	2,099	1,613	-10,421	3,721	1,567
Effect of foreign exchange rate changes on cash balances
16	142	110	50	69	-458	-1,014	-335	155	118	288	97	-30
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS
979	959	355	-3,567	2,694	3,479	-6,661	3,849	1,336	-249	-1,864	3,968	2,471
SUPPLEMENTAL CASH FLOW INFORMATION
Impact On Additional Paid In Capital For Change In Carrying Value Of Investment
-	-	-	-	-	-	-	-	-	-	-109	1,041	0
Income taxes paid, net of refunds
1,348	760	185	770	1,083	109	1,279	501	809	893	-109	508	653
Interest paid
1,521	1,443	1,248	1,257	1,324	1,883	1,387	1,349	1,285	1,197	1,181	1,468	1,602
NON-CASH TRANSACTIONS DURING THE PERIOD
Treasury Stock shares issued for stock-based compensation programs
197	138	104	115	115	100	105	211	77	74	100	95	236
Conversion of surplus notes into Common Stock
502	0	0	-	-	-	-	-	-	-	-	-	-
FHLBNY debt reissued as funding agreements in PHAB
-	-	-	-	-	-	-	445	0	0	-	-	-
Assets Received And Related Liabilities Recorded Pension Risk Transfer
-	-	-	-	-	-	-	-	0	0	-	-	-
Stock Issued During Period, Value, Acquisitions
454	-	-	-	-	-	-	-	-	-	-	-	-
Common Class B Stock
Common Stock acquired
-	-	-	119	651	-	-	-	-	-	-	-	-
Pension Risk Transfer
Assets received, excluding cash and cash equivalents
3,166	816	2,726	3,228	2,091	-	-	-	-	-	-	-	-
Net cash received
1,166	7,579	3,429	1,775	1,648	-	-	-	-	-	-	-	-
Acquisition
Assets acquired, excluding cash and cash equivalents
2,425	0	196	0	0	-	-	-	0	-	-	-	-
Stock Issued During Period, Value, Acquisitions
454	0	0	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Businesses, Net of Cash Acquired
1,755	0	64	0	0	-	-	-	0	-	-	-	-