Prudential Financial, Inc. PJH Cash Flow

Prudential financial, inc. (PJH)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)
-270	1,138	1,425	738	937	849	1,675	200	1,364	3,865	2,241	496	1,372	293	1,832	925	1,369	740	1,467	1,459	2,046	-1,447	523	1,113	1,249	-428	1,040	-487	-685	-182	-559	2,239	-928	658	1,604	818	586	-5	1,242	1,104	671	1,875	1,032	180	3
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Realized Investment Gains (Losses)
1,667	-210	853	-336	-766	716	151	685	425	-511	1,608	-1,092	427	-1,933	813	1,433	1,881	-165	1,700	129	2,361	744	75	609	208	-1,349	-2,110	-1,024	-723	-375	-1,445	1,763	-1,384	-115	2,528	468	-50	-1,154	29	1,786	389	-320	-444	-2,271	138
Policy charges and fee income
701	499	634	882	601	606	584	498	560	596	617	722	541	490	523	265	629	501	622	184	576	637	487	523	509	457	336	342	514	332	423	331	326	321	201	327	298	273	152	276	277	302	64	336	450
Interest credited to policyholders’ account balances
392	1,151	1,106	1,278	1,345	722	1,030	894	550	900	1,035	947	940	593	824	3,630	-1,286	6,228	-840	-676	-1,233	-1,188	-882	-1,178	-1,015	-908	-759	-394	-1,050	-965	-1,056	-1,247	-966	-1,007	-1,463	-1,191	-823	-570	-1,173	-1,231	-1,235	-899	-1,317	-1,099	-1,169
Depreciation and amortization
329	108	441	-109	20	116	-3	70	-22	-49	164	157	-50	-84	-22	257	167	-13	174	-218	170	177	275	138	41	73	177	52	109	72	27	98	105	88	35	186	-19	-48	-17	-8	-31	17	-34	50	142
(Gains) losses on assets supporting experience-rated contractholder liabilities, net
-838	139	91	287	454	-277	10	-193	-403	6	85	202	43	-378	37	108	216	-159	-228	-222	85	144	-129	223	101	25	103	-471	93	110	265	4	234	56	22	178	-21	-219	388	79	253	74	687	692	148
Change in:
Deferred policy acquisition costs
-217	220	156	-68	326	244	150	72	131	274	9	671	286	577	618	290	-517	418	-272	529	-142	-37	329	198	231	431	1,099	486	645	623	704	-313	1,047	451	-722	258	389	547	785	-250	294	453	691	757	-624
Future policy benefits and other insurance liabilities
2,825	3,274	2,115	3,099	2,504	6,968	3,751	3,903	1,859	4,475	2,516	2,100	1,849	2,916	3,401	2,526	1,741	3,656	1,498	1,608	1,549	5,686	2,339	1,683	1,568	2,168	1,437	2,229	2,545	6,448	5,705	2,942	2,689	2,012	1,648	1,429	1,710	1,382	936	1,249	930	657	168	326	1,373
Other trading account assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-96	-	-180	51	11	66	-111	-13	14	-1	-5	29	10	37	-14	-38	48	11	-50	-230	-60	-25	179	192	298	125	1,807	-1,438	-539
Income taxes
-115	-94	137	-534	152	176	-31	-517	421	-2,967	789	188	371	-131	466	215	68	-78	257	394	644	-363	-237	510	388	619	719	-1,028	-1,653	-352	544	54	281	-442	169	24	166	406	-266	-35	-1,238	1,703	-450	-474	322
Derivatives, net
-15,388	3,740	-3,215	-2,169	159	-3,555	1,546	-261	1,302	192	586	707	783	6,376	1,914	-4,817	-4,540	1,743	-4,967	5,180	-3,261	-3,455	-1,232	-322	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
2,470	-2,796	-611	637	1,099	-299	388	-625	-144	993	-235	-385	754	653	-954	409	731	467	-794	121	484	-832	-1,504	-212	1,239	-2,932	1,612	-401	640	-2,936	1,127	-436	2,075	1,043	-2,707	-296	479	945	-518	-1,144	107	1,133	-1,716	1,882	900
Cash flows from (used in) operating activities
14,766	3,985	7,316	5,239	3,085	11,396	3,593	4,374	2,301	4,674	4,075	3,063	1,648	-2,198	3,550	7,197	6,327	2,112	8,355	-2,053	5,528	7,974	5,867	3,576	1,979	2,962	3,097	2,199	187	9,160	5,713	5,269	767	1,556	5,647	2,943	2,231	1,938	2,053	2,602	-51	1,137	944	1,223	2,536
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale
9,997	13,950	12,675	11,618	14,063	16,772	12,304	15,934	14,665	16,001	13,253	15,601	13,389	13,293	12,392	14,608	9,420	12,050	10,400	12,317	12,313	10,988	12,006	13,098	13,437	20,330	13,583	15,001	11,805	10,376	8,186	9,149	10,967	10,691	11,795	13,160	6,902	7,858	6,652	8,453	5,598	8,779	8,032	12,236	13,174
Fixed maturities, held-to-maturity
40	16	49	21	14	18	20	20	36	27	39	40	49	66	84	71	50	56	58	62	59	38	145	139	93	190	122	150	125	151	130	124	123	119	69	128	139	137	109	110	114	97	113	106	62
Fixed maturities, trading
121	79	97	110	77	96	117	203	207	245	264	470	427	-23,209	10,450	8,712	5,558	3,693	4,025	3,670	2,925	3,853	3,597	3,032	3,066	3,073	3,700	6,981	5,658	5,117	2,894	2,824	4,512	3,505	8,970	5,493	4,420	7,981	4,013	12,182	14,974	14,640	9,173	6,735	8,234
Assets supporting experience-rated contractholder liabilities
7,219	3,650	2,617	6,022	2,992	7,261	10,472	6,163	3,487	9,697	11,724	11,550	6,086	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity securities
523	621	710	702	675	858	948	985	980	1,420	1,314	1,081	903	1,068	1,043	741	1,014	870	1,219	1,500	988	1,296	1,222	1,489	994	755	1,390	1,079	1,003	957	1,145	1,012	1,088	919	1,209	1,190	424	587	462	603	833	824	582	597	243
Commercial mortgage and other loans
1,593	2,042	1,598	1,805	1,080	2,418	1,484	1,253	1,319	2,268	1,178	1,916	714	1,820	1,488	1,656	1,378	1,560	1,512	1,424	968	1,567	836	1,100	573	1,801	1,963	1,450	1,287	1,799	1,491	1,253	784	1,676	1,238	956	944	1,312	1,436	634	997	957	1,182	794	834
Policy loans
572	562	563	578	576	579	554	520	656	573	521	748	561	550	560	595	572	558	522	570	549	461	527	559	537	529	526	604	572	543	529	592	577	514	540	516	465	451	437	408	418	434	410	417	427
Other invested assets
533	709	350	350	374	398	243	474	434	387	354	237	354	-	-	-	108	287	499	292	198	284	82	71	137	282	507	306	499	369	223	328	554	564	922	266	368	321	504	140	106	294	194	382	290
Short-term investments
8,713	10,420	10,993	8,480	8,202	8,194	7,462	8,320	9,870	7,756	4,243	8,032	9,297	8,085	7,869	8,149	19,710	19,879	15,422	21,627	20,093	21,006	17,568	18,427	16,822	20,553	17,553	12,585	9,311	7,138	6,127	7,459	7,399	10,299	7,753	5,121	3,925	4,374	5,246	6,944	4,332	4,723	8,295	6,019	6,868
Payments for the purchase/origination of:
Fixed maturities, available-for-sale
13,379	16,408	15,315	15,452	17,395	24,163	18,149	19,270	15,652	18,527	15,987	16,352	17,801	17,390	16,087	17,965	15,415	13,814	10,617	12,818	10,357	12,854	11,943	16,969	15,701	22,559	14,963	16,688	13,564	13,364	12,582	12,693	13,573	13,082	15,875	15,040	8,048	10,353	9,134	9,126	9,600	11,832	8,809	8,798	13,472
Fixed maturities, held-to-maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-1	1	22	38	133	23	14	0	18	0	0	38	0	26	12	44	74	24	57	45	125	379	573
Fixed maturities, trading
103	143	163	392	178	320	277	374	109	355	404	475	605	-23,169	11,320	8,649	6,080	4,717	5,458	4,409	4,024	4,892	4,067	3,671	3,892	3,722	4,811	7,521	6,498	5,925	3,050	2,780	4,360	3,367	9,972	5,822	4,523	8,152	4,396	12,098	15,098	14,379	9,463	7,129	9,114
Assets supporting experience-rated contractholder liabilities
7,908	2,882	2,918	5,750	3,063	7,644	10,111	6,289	3,271	9,796	11,655	11,556	6,024	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity securities
616	719	718	639	737	711	717	936	890	550	794	899	747	921	886	627	900	940	1,014	1,127	974	1,142	1,045	1,195	1,094	1,068	1,251	997	985	1,104	1,081	875	941	745	1,057	840	438	589	527	595	750	778	561	132	194
Commercial mortgage and other loans
1,632	3,870	2,455	1,998	2,354	2,583	2,220	2,036	3,489	2,662	1,701	2,732	1,762	2,537	2,268	2,314	1,429	1,913	3,107	2,276	2,096	3,154	2,665	1,601	1,926	3,248	3,315	1,745	2,008	1,718	1,929	2,039	1,380	2,231	1,890	1,448	1,260	1,230	1,857	1,186	487	569	577	834	775
Policy loans
505	491	495	472	473	483	485	441	561	537	477	486	429	480	461	490	451	462	413	468	439	414	472	504	465	465	461	464	441	485	615	461	451	481	482	447	405	384	406	378	379	419	389	339	446
Other invested assets
905	890	656	452	559	951	559	441	713	505	506	420	349	386	672	347	518	385	750	539	331	551	407	535	312	-138	416	889	633	420	377	662	277	613	713	365	174	183	190	334	117	152	-39	486	419
Short-term investments
11,131	8,582	12,426	7,441	8,837	8,723	7,475	8,301	8,837	8,776	6,281	6,381	6,967	10,287	8,175	9,620	15,401	19,819	17,708	21,332	17,763	23,525	17,469	18,031	15,270	19,597	18,347	14,037	9,053	7,418	6,961	6,682	7,262	10,104	7,504	5,298	4,056	4,486	4,500	6,245	4,691	3,265	9,316	8,191	6,104
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	532	0	0	0	0	0	0	0	23	0	0	0	488	0	0	0	0	0	0	0	2,321	0	0	0	0	-	-	-	-
Derivatives, net
-1,106	123	-532	-297	-341	-208	-89	-94	365	330	305	-214	-30	404	-450	-161	-107	-464	559	-514	366	332	108	250	-135	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
18	98	117	125	97	-98	152	94	40	71	355	152	145	584	-50	-117	-61	-50	-92	-59	95	41	-40	-16	-212	62	70	-7	228	24	15	-166	-16	-63	-320	-81	282	-8	-53	-224	-137	-16	367	-224	66
Cash flows from (used in) investing activities
-5,780	-3,912	-5,079	-2,738	-5,299	-8,687	-6,452	-4,216	-2,273	-3,735	-5,575	372	-3,019	-8,610	-5,295	-5,041	-2,748	-2,583	-5,877	-934	1,648	-7,411	-2,152	-4,556	-2,969	-4,058	-4,423	-4,201	-3,652	-4,008	-5,903	-3,285	-2,224	-2,311	-4,677	-2,375	-3,932	-2,392	-2,172	-288	-3,670	3,825	-1,587	1,222	-1,031
CASH FLOWS FROM FINANCING ACTIVITIES
Policyholders’ account deposits
14,444	6,345	7,860	5,863	7,417	7,472	6,493	7,370	7,456	6,063	6,751	6,722	6,926	7,435	9,576	6,481	6,150	5,463	7,013	5,667	5,063	5,839	5,912	6,475	5,751	6,133	6,343	6,364	5,881	5,727	5,616	6,075	5,404	5,704	7,080	6,008	5,544	5,431	5,286	6,252	5,302	5,044	2,537	7,969	7,914
Policyholders’ account withdrawals
9,354	6,928	6,689	6,222	6,823	6,833	6,378	6,996	7,080	5,859	7,092	6,136	6,570	6,629	7,707	5,121	4,686	5,641	5,644	5,319	5,359	5,612	4,774	6,249	5,368	5,869	6,134	6,519	6,438	6,079	5,546	6,315	6,074	5,517	5,625	5,842	5,580	5,232	5,059	6,026	5,859	6,021	4,523	9,126	6,517
Net change in securities sold under agreements to repurchase and cash collateral for loaned securities
59	-73	-8	9	88	47	-16	903	191	-88	-11	143	771	73	-112	-431	1,031	-970	678	-533	-1,445	41	-67	45	691	-171	457	2,570	344	-1,638	164	1,088	970	-230	-135	1,497	-6	-348	-111	-549	145	-1,748	45	-564	-410
Cash dividends paid on Common Stock
448	404	410	407	420	374	378	381	388	320	323	324	329	361	308	313	318	316	264	269	268	267	246	243	252	229	192	196	211	715	3	6	44	653	2	8	41	533	2	6	34	308	2	6	31
Net change in financing arrangements (maturities 90 days or less)
630	-148	-199	81	85	10	292	-13	-90	7	-15	1	45	-224	476	18	22	-166	-259	358	135	-379	28	-148	472	-173	-227	-95	591	-509	137	-356	145	-103	47	-377	537	130	170	276	108	82	-1,262	-1,480	-1,906
Payments for Repurchase of Common Stock
485	560	957	499	484	388	373	376	363	323	315	321	291	661	606	376	357	269	242	250	252	250	250	250	250	251	250	237	0	0	150	275	225	304	695	0	0	-	-	-	-	-	-	-	-
Common Stock reissued for exercise of stock options
45	26	32	39	36	25	33	29	45	38	47	45	116	314	58	31	23	51	33	84	41	39	92	61	77	122	110	70	46	33	23	31	63	33	20	22	47	20	18	30	30	25	17	13	9
Proceeds from the issuance of debt (maturities longer than 90 days)
1,550	70	1,484	319	1,120	144	1,596	123	1,071	36	868	176	145	1,293	1,252	144	53	589	1,229	2,196	1,152	2,682	2,456	1,671	1,146	1,041	1,528	498	1,593	3,668	1,085	181	1,130	1,037	193	892	144	1,938	185	1,031	1,407	163	2,283	1,904	964
Repayments of debt (maturities longer than 90 days)
1	91	414	869	55	105	857	829	19	967	644	202	14	1,301	70	1,042	340	1,035	1,756	873	1,293	4,794	1,619	746	225	511	580	1,608	1,240	1,007	1,782	411	191	848	326	231	334	1,194	89	1,435	1,020	895	741	3,237	2,257
Proceeds from notes issued by consolidated VIEs
0	46	0	15	910	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of notes issued by consolidated VIEs
16	0	0	0	638	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	17	1	1	2	1	4	2	12	2	8	2	14	11	8	5	8	-2	2	7	44	7	4	3	6	1	0	6	5	2	0	0	0
Class B Stock acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change In Bank Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1,681	-49	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-65	-275	-102	-134	330	-26	-12	-310	66	458	-21	-82	-369	479	-378	46	-315	156	-117	-86	-221	215	-35	12	-59	6	-176	64	-225	-114	279	-351	346	288	48	305	-488	-58	125	-129	201	-318	633	-123	59
Cash flows from (used in) financing activities
6,359	-1,992	597	-1,805	1,566	-28	400	-480	889	-955	-755	22	430	435	2,182	-562	1,146	-2,137	675	977	-3,086	-2,489	1,501	620	1,997	90	887	916	349	-636	-175	-2,013	1,519	-494	545	2,219	-171	1,355	523	-550	285	-3,974	-1,013	-3,259	-2,175
Effect of foreign exchange rate changes on cash balances
-22	-40	29	29	-2	210	3	-375	304	-35	35	-6	116	-310	149	56	155	13	16	-71	111	-378	-154	48	26	-205	44	-346	-507	-322	29	70	-112	-26	102	127	-48	41	217	-38	-102	205	136	-31	-22
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS
15,323	-1,959	2,863	725	-650	2,891	-2,456	-697	1,221	-51	-2,220	3,451	-825	-10,683	586	1,650	4,880	-2,595	3,169	-2,081	4,201	-2,304	5,062	-312	1,033	-1,211	-395	-1,432	-3,623	4,194	-336	41	-50	-1,275	1,617	2,914	-1,920	942	621	1,726	-3,538	1,193	-1,520	-845	-692
NON-CASH TRANSACTIONS DURING THE PERIOD
Treasury Stock shares issued for stock-based compensation programs
140	23	6	3	165	4	2	3	129	2	4	3	95	2	2	4	107	4	2	3	106	5	1	2	92	1	2	1	101	2	3	1	205	4	15	2	56	4	1	2	67	3	0	1	96