Prudential Financial, Inc. PRH Balance Sheet

Prudential financial, inc. (PRH)

Balance Sheet / 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	Dec'08
Assets [Abstract]
Debt Securities, Available-for-sale
389,714	391,096	391,657	383,390	365,928	353,656	340,970	341,151	347,630	346,780	340,100	335,254	328,717	321,419	343,244	332,270	314,529	290,323	290,778	290,063	299,422	299,090	301,067	304,472	295,321	286,866	288,766	286,107	300,382	301,336	273,381	264,165	254,591	254,648	252,112	238,087	231,817	194,983	197,189	185,293	180,450	175,225	170,890	158,913	158,056
Debt Securities, Held-to-maturity
1,895	1,933	1,958	2,009	1,982	2,013	1,957	2,020	2,120	2,049	2,084	2,123	2,166	2,144	2,471	2,485	2,411	2,308	2,380	2,396	2,513	2,575	2,880	3,171	3,275	3,312	3,629	3,562	3,878	4,268	4,720	4,771	4,775	5,107	5,195	5,091	5,102	5,226	5,233	5,023	5,016	5,120	5,141	4,935	3,808
Debt Securities, Trading
3,621	3,884	3,779	3,755	3,435	3,243	3,083	2,916	2,885	3,507	6,210	6,773	5,863	5,764	7,559	7,268	8,052	14,458	14,075	12,749	11,989	10,874	9,321	8,665	8,021	6,453	6,403	6,083	6,862	6,328	5,874	5,636	5,181	5,545	6,562	3,779	3,758	4,225	5,676	5,502	3,371	3,033	3,823	3,715	4,336
Assets supporting experience-rated contractholder liabilities, at fair value
21,580	21,597	22,267	21,843	21,668	21,254	21,083	21,497	21,637	22,097	22,126	22,073	21,820	21,840	21,828	21,702	21,447	20,522	20,408	20,267	20,626	20,263	20,507	21,273	20,935	20,827	21,131	20,658	20,890	20,590	20,132	19,729	19,679	19,481	19,535	18,563	18,314	17,771	17,750	16,733	16,683	16,020	15,848	14,766	13,875
Equity Securities, FV-NI
6,176	7,522	7,014	6,804	6,778	6,238	7,058	7,191	7,289	7,329	9,739	10,151	10,143	9,748	9,765	9,496	9,400	9,274	9,109	9,901	10,206	9,861	9,878	10,222	10,191	9,910	8,984	8,754	8,918	8,277	7,992	7,703	8,026	7,535	7,462	9,671	10,110	7,741	7,272	6,641	7,088	6,895	6,700	5,917	6,065
Financing Receivable, after Allowance for Credit Loss
63,559	63,559	61,833	61,228	60,875	59,830	59,336	58,622	58,098	56,045	55,373	54,915	53,660	52,779	52,273	51,447	50,798	50,559	50,048	48,569	47,478	46,432	44,836	42,964	42,392	41,008	39,497	38,069	38,458	36,733	36,822	36,443	35,623	35,431	34,401	33,528	32,960	31,831	31,924	31,447	30,760	31,384	32,125	32,694	33,114
Policy loans
12,099	12,096	12,022	12,030	11,986	12,016	11,928	11,935	12,036	11,891	11,765	11,719	11,893	11,755	12,031	11,930	11,805	11,657	11,624	11,652	11,693	11,712	11,857	11,966	11,833	11,766	11,863	11,740	11,938	11,575	11,701	11,456	11,419	11,559	11,483	11,372	11,272	10,667	10,544	10,321	10,223	10,146	10,070	9,856	9,703
Other Investments
18,071	15,606	15,654	15,081	14,840	14,526	13,790	13,459	14,044	13,373	11,986	11,777	11,450	11,283	11,346	10,247	10,281	9,986	10,591	10,678	11,001	10,921	10,860	10,923	10,477	10,328	9,869	9,949	9,863	10,028	8,155	7,693	7,481	7,820	7,903	7,819	7,959	6,171	6,130	6,150	5,960	5,904	5,878	5,716	7,012
Securities purchased under agreements to resell
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	480
Short-term investments
7,961	5,467	7,320	5,872	6,911	6,469	5,767	5,728	5,752	6,800	5,508	3,616	5,175	7,508	5,254	5,035	3,697	8,105	7,937	5,669	5,947	8,258	5,535	5,663	6,023	7,703	8,497	8,075	6,288	6,447	9,295	8,969	7,925	9,121	7,907	7,599	7,018	5,297	5,677	6,507	6,924	6,825	7,839	7,137	5,576
Total investments
524,676	522,760	523,504	512,012	494,403	479,245	464,972	464,519	471,491	469,871	464,891	458,401	450,887	444,240	465,771	451,880	432,420	417,192	416,950	411,944	420,875	419,986	416,741	419,319	408,468	398,173	398,639	392,997	407,477	405,582	378,072	366,565	354,700	356,247	352,560	335,509	328,310	283,912	287,395	273,617	266,475	260,552	258,320	243,649	242,025
Cash and cash equivalents
31,646	16,327	18,289	15,421	14,699	15,353	12,466	14,918	15,676	14,490	14,541	16,605	13,308	14,127	24,728	24,142	22,492	17,612	20,207	17,038	19,119	14,918	17,222	12,160	12,472	11,439	12,650	13,045	14,477	18,100	13,906	14,242	14,201	14,251	15,526	13,909	10,995	12,915	11,973	11,352	9,626	13,164	11,971	13,491	15,028
Accrued Investment Income Receivable
3,221	3,330	3,248	3,355	3,233	3,318	3,180	3,235	3,169	3,325	3,278	3,228	3,231	3,204	3,279	3,211	3,180	3,110	3,156	3,117	3,135	3,130	3,209	3,162	3,134	3,089	3,157	3,113	3,143	3,127	2,870	2,784	2,799	2,793	2,820	2,737	2,760	2,377	2,416	2,333	2,368	2,322	2,332	2,231	2,266
Deferred policy acquisition costs
19,738	19,912	19,484	19,540	19,978	20,058	19,789	19,643	19,649	18,992	18,724	18,715	18,197	17,661	16,975	16,152	15,998	16,718	16,206	16,569	15,639	15,971	16,585	16,669	16,617	16,512	16,228	14,968	14,374	14,100	13,666	13,048	13,461	12,517	16,278	17,289	16,973	16,435	15,054	14,213	14,718	14,578	14,127	14,474	15,126
Value of business acquired
1,070	1,110	1,106	1,227	1,575	1,850	1,962	2,027	1,995	1,591	1,817	1,897	2,266	2,314	2,159	1,951	2,582	2,828	2,847	2,994	2,514	2,836	3,394	3,499	3,610	3,675	3,837	3,846	4,167	3,248	-	-	-	3,845	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,106
Other Assets
20,694	20,832	18,761	18,690	18,192	16,118	16,938	16,860	17,112	17,250	16,770	16,311	15,671	14,780	15,403	14,322	14,822	14,225	14,545	14,728	14,624	13,379	14,380	13,927	14,273	13,833	13,524	13,592	14,151	11,824	15,674	15,556	16,009	12,211	16,923	21,041	21,588	16,439	15,623	15,213	16,053	15,513	20,589	19,605	22,365
Separate account assets
272,667	312,281	301,234	303,580	297,244	279,136	303,441	298,658	300,585	306,617	301,110	297,433	293,805	287,636	291,550	284,832	281,501	285,570	280,616	296,341	302,706	296,435	292,616	296,801	288,161	285,060	275,091	264,054	266,308	253,254	247,510	235,268	236,567	218,380	207,366	222,892	218,382	207,776	194,463	179,260	182,621	174,074	168,128	151,266	147,095
Assets
873,712	896,552	885,626	873,825	849,324	815,078	822,748	819,860	829,677	832,136	821,131	812,590	797,365	783,962	819,865	796,490	772,995	757,255	754,527	762,731	778,612	766,655	764,147	765,537	746,735	731,781	723,126	705,615	724,097	709,235	671,698	647,463	637,737	620,244	611,473	613,377	599,008	539,854	526,924	495,988	491,861	480,203	475,467	444,716	445,011
LIABILITIES AND EQUITY
Liabilities [Abstract]
Future policy benefits
310,817	293,527	291,742	285,527	277,085	273,846	260,797	260,435	261,144	257,317	252,339	250,706	244,705	240,908	252,228	242,950	234,728	224,384	222,220	216,555	220,840	217,766	215,847	215,219	211,540	206,859	209,177	204,190	210,918	216,050	183,162	174,715	168,001	170,671	169,391	160,241	153,888	133,874	133,660	128,647	125,743	125,707	124,463	121,394	121,951
Policyholder Contract Deposit
155,898	152,110	152,527	151,428	151,224	150,338	149,130	149,359	149,917	148,189	148,342	147,554	147,026	145,205	146,577	142,716	139,745	136,784	136,620	135,630	135,143	136,150	139,133	138,545	137,244	136,657	137,573	136,607	138,316	134,413	135,669	133,877	133,505	134,558	134,560	130,999	133,031	106,441	105,298	102,588	101,651	101,666	101,358	101,277	99,613
Policyholders’ dividends
6,396	6,988	7,548	6,558	5,360	4,110	4,512	4,858	5,446	6,411	6,327	6,285	5,896	5,711	7,482	7,295	6,373	5,578	6,153	6,528	8,337	7,661	6,904	7,186	6,519	5,515	5,607	5,630	7,452	7,507	7,562	6,601	5,811	5,797	5,420	4,043	3,594	3,378	4,384	2,629	1,787	1,254	1,511	1,667	1,670
Securities Sold under Agreements to Repurchase
10,557	9,681	9,241	9,741	9,873	9,950	9,176	9,540	8,633	8,400	8,145	8,817	8,535	7,606	6,830	7,335	8,357	7,882	8,107	7,863	7,766	9,407	9,039	8,786	8,348	7,898	7,158	6,947	6,702	5,818	8,033	8,139	7,200	6,218	6,234	6,379	5,750	5,885	5,934	5,920	6,111	6,033	7,200	7,168	7,900
Cash collateral for loaned securities
3,396	4,213	4,728	4,235	4,093	3,929	4,656	4,307	4,312	4,354	4,697	4,036	4,175	4,333	5,037	4,643	4,052	3,496	4,241	3,808	4,437	4,241	4,569	4,889	5,282	5,040	5,955	5,707	3,390	3,941	3,376	3,103	2,950	2,973	3,189	3,169	2,297	2,171	2,465	2,532	3,180	3,163	3,748	3,662	4,168
Income taxes
11,117	11,378	12,664	11,485	10,031	7,936	7,014	7,888	9,296	9,648	12,509	11,631	10,598	10,412	15,326	15,140	12,128	8,714	9,644	9,239	11,390	9,881	8,634	8,504	6,860	5,422	4,943	5,106	8,039	8,512	8,896	8,566	7,552	6,558	8,319	6,542	5,602	6,353	7,058	5,311	4,059	4,014	3,407	777	459
Short-term debt
2,539	1,933	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt
-	-	1,490	2,659	2,549	2,451	2,393	2,056	1,383	1,380	2,358	1,779	1,415	1,133	907	676	969	1,216	1,833	3,621	3,013	3,839	4,429	3,804	4,019	2,669	3,118	2,620	2,228	2,484	3,013	3,226	3,655	2,336	2,899	2,152	2,432	1,982	2,572	2,219	3,066	3,122	2,182	3,643	10,535
Long-term debt
20,149	18,646	19,151	17,841	18,309	17,378	17,421	16,732	18,143	17,172	17,153	17,626	17,893	18,041	18,758	18,986	19,608	19,594	20,329	20,264	19,703	19,831	22,597	23,488	22,565	23,553	23,642	23,642	25,488	24,729	23,845	24,299	24,379	24,622	23,920	24,578	24,033	23,653	22,337	22,399	21,641	21,037	22,759	20,981	20,290
Other liabilities
17,853	20,802	17,754	17,372	16,881	16,018	16,196	16,498	17,689	16,619	16,069	15,907	14,164	14,739	15,474	14,645	13,323	13,517	13,624	13,135	12,873	13,037	12,630	11,935	13,232	13,925	13,323	13,057	12,694	11,838	11,266	11,039	12,579	12,766	12,371	16,746	16,753	15,413	14,685	14,214	14,496	14,404	15,864	14,206	17,544
Notes issued by consolidated variable interest entities (includes $800 and $595 measured at fair value under the fair value option as of December 31, 2019 and 2018, respectively)
-	-	1,233	1,246	1,225	955	930	937	954	1,518	1,517	2,176	2,179	2,150	2,722	2,094	2,946	8,597	8,370	7,455	6,830	6,058	5,397	4,573	4,101	3,302	2,423	2,147	1,896	1,577	-	-	-	524	-	-	-	-	-	-	-	-	-	-	-
Separate account liabilities
272,667	312,281	301,234	303,580	297,244	279,136	303,441	298,658	300,585	306,617	301,110	297,433	293,805	287,636	291,550	284,832	281,501	285,570	280,616	296,341	302,706	296,435	292,616	296,801	288,161	285,060	275,091	264,054	266,308	253,254	247,510	235,268	236,567	218,380	207,366	222,892	218,382	207,776	194,463	179,260	182,621	174,074	168,128	151,266	147,095
Liabilities
812,640	832,833	819,312	811,672	793,874	766,047	775,666	771,268	777,502	777,625	770,566	763,950	750,391	737,874	762,891	741,312	723,730	715,332	711,757	720,439	733,038	724,306	721,795	723,730	707,871	695,900	688,010	669,707	683,431	670,123	632,332	608,833	602,199	585,403	573,669	577,741	565,762	506,926	492,856	465,719	464,355	454,474	450,620	426,041	431,225
COMMITMENTS AND CONTINGENT LIABILITIES
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
EQUITY
Preferred Stock ($.01 par value; 10,000,000 shares authorized; none issued)
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock ($.01 par value; 1,500,000,000 shares authorized; 666,305,189 shares issued as of both March 31, 2020 and December 31, 2019)
6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	-	-	6	-	6	6	6	6	6	6	6	6	6	6	6	6	6	-	-	6	-	-	-	-	-	6	-
Additional paid-in capital
25,506	25,532	25,351	24,825	24,782	24,828	24,810	24,763	24,722	24,769	24,721	24,671	24,627	24,606	24,520	24,457	24,420	24,482	24,348	24,397	24,346	24,565	24,525	24,478	24,435	24,475	24,413	24,383	24,354	24,380	24,348	24,318	24,288	24,293	24,257	24,239	24,210	24,223	23,222	23,199	23,186	23,235	23,348	23,325	22,001
Common Stock held in treasury, at cost (272,456,220 and 267,472,781 shares at March 31, 2020 and December 31, 2019, respectively)
19,841	19,453	19,386	18,416	17,962	17,593	17,246	16,905	16,557	16,284	16,012	15,741	15,475	15,316	14,989	14,432	14,093	13,814	13,612	13,398	13,233	13,088	12,879	12,723	12,533	12,415	12,295	12,176	12,018	12,163	12,225	12,117	11,917	11,920	11,738	11,027	11,062	11,173	11,205	11,236	11,290	11,390	11,442	11,494	11,655
Class B Stock held in treasury, at cost (0 and 2,000,000 shares at December 31, 2015 and December 31, 2014, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	651	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Accumulated Other Comprehensive Income (Loss), Net of Tax
22,600	24,039	27,558	23,982	17,218	10,906	9,150	11,655	14,761	17,074	16,598	16,362	14,643	14,621	24,925	24,667	19,066	12,285	13,463	13,404	17,752	16,050	13,501	13,077	10,798	8,681	6,899	8,449	12,418	10,214	9,650	8,290	7,226	5,245	5,292	4,014	2,564	2,978	4,729	2,200	620	-443	99	-5,002	-7,343
Retained earnings
32,176	32,991	32,269	31,263	30,966	30,470	30,005	28,713	28,898	28,671	25,060	23,146	22,983	21,946	21,969	20,451	19,843	18,931	18,515	17,314	16,173	14,888	16,616	16,357	15,517	14,531	15,335	14,486	15,203	16,066	16,896	17,524	15,339	16,629	19,332	17,811	16,978	16,381	16,794	15,555	14,478	13,787	12,287	11,238	10,426
Total Prudential Financial, Inc. equity
60,447	63,115	65,798	61,660	55,010	48,617	46,725	48,232	51,830	54,236	50,373	48,444	46,784	45,863	56,431	55,149	49,242	41,890	42,720	41,723	45,044	41,770	41,769	41,195	38,223	35,278	34,358	35,148	39,963	38,503	38,675	38,021	34,942	34,253	37,149	35,043	32,696	32,415	33,546	29,724	27,000	25,195	24,298	18,073	13,435
Noncontrolling interests
625	604	516	493	440	414	357	360	345	275	192	196	190	225	543	29	23	33	50	569	530	579	583	612	641	603	758	760	703	609	691	609	596	588	655	593	550	513	522	545	506	534	549	602	351
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
61,072	63,719	66,314	62,153	55,450	49,031	47,082	48,592	52,175	54,511	50,565	48,640	46,974	46,088	56,974	55,178	49,265	41,923	42,770	42,292	45,574	42,349	42,352	41,807	38,864	35,881	35,116	35,908	40,666	39,112	39,366	38,630	35,538	34,841	37,804	35,636	33,246	32,928	34,068	30,269	27,506	25,729	24,847	18,675	13,786
Liabilities and Equity
873,712	896,552	885,626	873,825	849,324	815,078	822,748	819,860	829,677	832,136	821,131	812,590	797,365	783,962	819,865	796,490	772,995	757,255	754,527	762,731	778,612	766,655	764,147	765,537	746,735	731,781	723,126	705,615	724,097	709,235	671,698	647,463	637,737	620,244	611,473	613,377	599,008	539,854	526,924	495,988	491,861	480,203	475,467	444,716	445,011
Variable Interest Entity, Primary Beneficiary [Member]
Assets
5,141	5,048	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities
1,633	1,578	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-