PRUDENTIAL FINANCIAL INC (PFH)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Financial service other | - | 123 | - | - |
Management service base | - | 854 | - | - |
Management service incentive | - | 7 | - | - |
Total reconciling items | - | 49 [1] | - | - |
Group insurance-usbusinesses division | - | 197 [1] | - | - |
Individual life-usbusinesses division | - | 541 [1] | - | - |
Individual retirement strategies-retirement strategies-usbusinesses division | - | 290 [1] | - | - |
Institutional retirement strategies-retirement strategies-usbusinesses division | - | 7 [1] | - | - |
International businesses-international insurance division | - | 88 [1] | - | - |
Corporate and other | - | -15 [1] | - | - |
Operating segments | - | 1,108 [1] | - | - |
Reinsurance assumed | - | 289 [2] | - | - |
Reinsurance ceded | - | -315 [2] | - | - |
Direct policy charges and fee income | - | 1,183 [2] | - | - |
Reinsurance assumed | - | -28 | - | - |
Reinsurance ceded | - | 44 | - | - |
Direct change in value of market risk benefits, net of related hedging gains (losses) | - | -367 | - | - |
Gross investment income | - | 5,477 [1] | - | - |
Less investment expense | - | -347 [1] | - | - |
Total reconciling items | - | 611 [2] | - | - |
Group insurance-usbusinesses division | - | 134 [2] | - | - |
Individual life-usbusinesses division | - | 694 [2] | - | - |
Individual retirement strategies-retirement strategies-usbusinesses division | - | 629 [2] | - | - |
Institutional retirement strategies-retirement strategies-usbusinesses division | - | 1,243 [2] | - | - |
International businesses-international insurance division | - | 1,469 [2] | - | - |
Pgimdivision-pgim | - | 20 [2] | - | - |
Corporate and other | - | 330 [2] | - | - |
Operating segments | - | 4,519 [2] | - | - |
Assetssupportingexperienceratedcontractholderliabilities | - | 14 [3] | - | - |
Shortterminvestmentsandcashequivalents | - | 267 [3] | - | - |
Trading-fixed maturities | - | 167 [3] | - | - |
Availableforsale securities-fixed maturities | - | 3,773 [3] | - | - |
Equity securities | - | 44 [3] | - | - |
Loans | - | 692 [3] | - | - |
Other investments | - | 396 [3] | - | - |
Policy loans | - | 124 [3] | - | - |
Gross investment income | - | 5,477 [3] | - | - |
Less investment expense | - | -347 [3] | - | - |
Total reconciling items | - | 554 [1] | - | - |
Group insurance-usbusinesses division | - | 1,396 [1] | - | - |
Individual life-usbusinesses division | - | 237 [1] | - | - |
Individual retirement strategies-retirement strategies-usbusinesses division | - | 20 [1] | - | - |
Institutional retirement strategies-retirement strategies-usbusinesses division | - | 1,745 [1] | - | - |
International businesses-international insurance division | - | 3,057 [1] | - | - |
Corporate and other | - | -9 [1] | - | - |
Operating segments | - | 6,446 [1] | - | - |
Reinsurance assumed | - | 1,594 [2] | - | - |
Reinsurance ceded | - | -616 [2] | - | - |
Direct premiums | - | 6,022 [2] | - | - |
Ceded income on modified coinsurance assets | - | -163 | - | - |
Partnership interest | - | -1 | - | - |
Derivative | - | -449 | - | - |
Fixed maturities | - | -64 | - | - |
Loans | - | -58 | - | - |
Other investments | - | 15 | - | - |
Real estate investment | - | -10 | - | - |
Gross investment income | - | - | 5,411 [2] | - |
Less investment expense | - | - | 356 [2] | - |
Total revenues | 13,726 | 13,470 | 19,490 | 14,883 |
Dividends to policyholders | 259 | 145 | 189 | 176 |
Policyholders benefits | 8,181 | 8,140 | 14,027 | 8,864 |
Change in estimates of liability for future policy benefits | 175 | 50 | -180 | 176 |
Interest credited to policyholders account balances | 1,138 | 825 | 863 | 1,102 |
General and administrative expenses | 3,176 | 3,083 | 3,311 | 3,127 |
Amortization of deferred policy acquisition costs | 407 | 407 | 367 | 375 |
Total benefits and expenses | 12,986 | 12,550 | 18,937 | 13,468 |
Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities | 740 | 920 | 553 | 1,415 |
Total income tax expense (benefit) | 195 | 207 | 140 | 264 |
Income (loss) before equity in earnings of joint ventures and other operating entities | 545 | 713 | 413 | 1,151 |
Equity in earnings of joint ventures and other operating entities, net of taxes | 21 | 29 | 38 | 20 |
Net income (loss) | 566 | 742 | 451 | 1,171 |
Less income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests | 33 | 35 | 3 | -27 |
Net income (loss) attributable to prudential financial, inc | 533 | 707 | 448 | 1,198 |
Net income (loss) attributable to prudential financial available to holders of common stock, basic weighted average shares | 353,100,000 | 354,300,000 | 356,900,000 | 358,800,000 |
Net income (loss) attributable to prudential financial available to holders of common stock, diluted weighted average shares | 354,900,000 | 356,100,000 | 358,700,000 | 360,500,000 |
Net income (loss) attributable to prudential financial, inc. (in dollars per share) | 1.48 | 1.96 | 1.24 | 3.28 |
Net income (loss) attributable to prudential financial, inc. (in dollars per share) | 1.49 | 1.97 | 1.24 | 3.3 |