For the year ending 2025-12-31, PRH has $773,740M in assets. $738,159M in debts. $19,712M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturities, available-for-sale, at fair value (allowance for credit losses 2025-183 2024-331) (amortized cost 2025-357,996 2024-341,004) | 331,455 | 311,570 | 316,321 | 307,719 |
| Fixed maturities, held-to-maturity, at amortized cost, net of allowance for credit losses (allowance for credit losses 2022-2 2021-5) (fair value 2022-1,455 2021-1,803) | - | - | - | 1,296 |
| Fixed maturities, held-to-maturity, at amortized cost, net of allowance for credit losses (allowance for credit losses 2023-0 2022-2) (fair value 2023-0 2022-1,455) | - | - | 0 | - |
| Fixed maturities, trading, at fair value (amortized cost 2025-15,536 2024-13,631) | 14,869 | 12,530 | 9,790 | 5,951 |
| Assets supporting experience-rated contractholder liabilities, at fair value | 4,842 | 3,707 | 3,168 | 2,844 |
| Equity securities, at fair value (cost 2025-8,303 2024-7,043) | 10,972 | 9,417 | 8,242 | 7,150 |
| Commercial mortgage and other loans (net of 469 and 574 allowance for credit losses includes 1,056 and 702 of loans measured at fair value under the fair value option at december 31, 2025 and 2024, respectively) | 64,715 | 62,341 | 59,305 | 56,745 |
| Policy loans | 9,958 | 9,795 | 10,047 | 10,046 |
| Other invested assets (net of 2 and 2 allowance for credit losses includes 8,285 and 7,574 of assets measured at fair value at december 31, 2025 and 2024, respectively) | 27,294 | 26,351 | 22,855 | 21,099 |
| Short-term investments (net of allowance for credit losses 2025-0 2024-0) | 6,414 | 9,069 | 5,005 | 4,591 |
| Total investments | 470,519 | 444,780 | 434,733 | 417,441 |
| Cash and cash equivalents | 19,712 | 18,497 | 19,419 | 17,251 |
| Accrued investment income | 3,636 | 3,441 | 3,287 | 3,012 |
| Deferred policy acquisition cost | 21,530 | 20,448 | 20,856 | 19,537 |
| Value of business acquired | 397 | 435 | 530 | 595 |
| Market risk benefit assets | 2,330 | 2,331 | 1,981 | - |
| Reinsurance recoverables and deposit receivables (net of 14 and 12 allowance for credit losses includes 573 and 849 of embedded derivatives at fair value at december 31, 2025 and 2024, respectively) | 44,077 | 37,680 | 27,311 | - |
| Income tax assets | 279 | 866 | 939 | 4,214 |
| Assets held-for-sale | - | - | - | 0 |
| Other assets (net of 1 and 2 allowance for credit losses includes 0 and 0 of assets at fair value at december 31, 2025 and 2024, respectively) | 15,009 | 13,737 | 13,179 | 30,188 |
| Separate account assets | 196,251 | 193,372 | 198,888 | 197,679 |
| Total assets | 773,740 | 735,587 | 721,123 | 689,917 |
| Future policy benefits | 266,914 | 268,912 | 273,281 | 284,452 |
| Policyholders' account balances | 191,307 | 166,254 | 147,018 | 135,602 |
| Market risk benefit liabilities | 4,623 | 4,455 | 5,467 | - |
| Policyholder's dividends | 1,272 | 718 | 1,475 | 694 |
| Securities sold under agreements to repurchase | 9,598 | 6,796 | 6,056 | 6,589 |
| Cash collateral for loaned securities | 8,700 | 9,621 | 6,477 | 6,100 |
| Reinsurance and funds withheld payables (includes 174 and (118) of embedded derivatives at fair value at december 31, 2025 and 2024, respectively) | 18,844 | 17,084 | 15,729 | - |
| Income tax liabilities | - | - | 0 | 0 |
| Short-term debt | 1,443 | 953 | 618 | 775 |
| Long-term debt | 18,856 | 19,187 | 18,882 | 19,908 |
| Liabilities held-for-sale | - | - | - | 0 |
| Other liabilities (includes 16 and 14 allowance for credit losses and 6,215 and 4,751 of derivatives at fair value at december 31, 2025 and 2024, respectively) | 17,692 | 16,679 | 16,071 | 20,536 |
| Notes issued by consolidated variable interest entities (includes 767 and 60 measured at fair value under the fair value option at december 31, 2025 and 2024, respectively) | 2,659 | 1,430 | 1,374 | 374 |
| Separate account liabilities | 196,251 | 193,372 | 198,888 | 197,679 |
| Total liabilities | 738,159 | 705,461 | 691,336 | 672,709 |
| Redeemable noncontrolling interests | 2,794 | 1,939 | 524 | - |
| Total mezzanine equity | 2,794 | 1,939 | 524 | - |
| Common stock (0.01 par value 1,500,000,000 shares authorized 666,305,189 shares issued as of both december 31, 2025 and 2024) | 6 | 6 | 6 | 6 |
| Additional paid-in capital | 26,013 | 25,901 | 25,746 | 25,747 |
| Common stock held in treasury, at cost (318,361,498 and 311,738,187 shares at december 31, 2025 and 2024, respectively) | 25,335 | 24,511 | 23,780 | 23,068 |
| Accumulated other comprehensive income (loss) | -3,077 | -6,711 | -6,504 | -19,827 |
| Retained earnings | 34,831 | 33,187 | 32,352 | 33,392 |
| Total prudential financial, inc. equity | 32,438 | 27,872 | 27,820 | 16,250 |
| Noncontrolling interests | 349 | 315 | 1,443 | 958 |
| Total equity | 32,787 | 28,187 | 29,263 | 17,208 |
| Total liabilities, mezzanine equity and equity | 773,740 | 735,587 | 721,123 | 689,917 |
PRUDENTIAL FINANCIAL INC (PRH)
PRUDENTIAL FINANCIAL INC (PRH)