For the year ending 2025-12-31, PRH had $1,229M increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | 3,732 | 2,846 | 2,508 | -1,462 |
| Realized investment gains(losses), net | -4,132 | -3,429 | -3,615 | -3,369 |
| Change in value of market risk benefits, net of related hedging (gains) losses | -475 | -397 | 56 | - |
| Policy charges and fee income | 2,028 | 2,128 | 2,186 | 2,532 |
| Interest credited to policyholders' account balances | 5,068 | 4,582 | 3,983 | 2,316 |
| Goodwill impairment | 0 | - | 177 | 903 |
| Depreciation and amortization | 128 | 383 | -70 | 124 |
| (gains) losses on assets supporting experience-rated contractholder liabilities, net | 648 | 595 | 503 | -1,128 |
| Deferred policy acquisition costs | 1,215 | 1,111 | 869 | -232 |
| Future policy benefits and other insurance liabilities | 3,493 | 4,803 | 5,489 | 6,573 |
| Reinsurance related-balances | -2,263 | -2,731 | - | - |
| Income taxes | -493 | -146 | -442 | -1,685 |
| Derivatives, net | -377 | -897 | 746 | 2,981 |
| Other, net | 4,487 | 2,124 | 4,390 | 827 |
| Cash flows from (used in) operating activities | 6,271 | 8,502 | 6,510 | 5,158 |
| Fixed maturities, available-for-sale | 45,218 | 59,059 | 44,097 | 50,823 |
| Fixed maturities, held-to-maturity | 0 | 0 | 22 | 38 |
| Fixed maturities, trading | 4,151 | 3,398 | 1,559 | 1,641 |
| Assets supporting experience-rated contractholder liabilities | 1,356 | 1,474 | 2,286 | 11,410 |
| Equity securities | 7,741 | 5,790 | 4,348 | 3,697 |
| Commercial mortgage and other loans | 7,762 | 5,466 | 3,985 | 5,580 |
| Policy loans | 1,846 | 1,972 | 1,806 | 1,738 |
| Other invested assets | 2,784 | 1,936 | 1,260 | 1,789 |
| Short-term investments | 33,226 | 33,316 | 32,684 | 40,653 |
| Fixed maturities, available-for-sale | 67,592 | 72,997 | 47,580 | 60,070 |
| Fixed maturities, trading | 6,339 | 7,041 | 4,174 | 659 |
| Assets supporting experience-rated contractholder liabilities | 1,895 | 1,773 | 2,290 | 11,799 |
| Equity securities | 8,473 | 6,576 | 4,296 | 3,451 |
| Commercial mortgage and other loans | 9,572 | 9,134 | 6,359 | 5,497 |
| Policy loans | 1,610 | 1,601 | 1,544 | 1,248 |
| Other invested assets | 3,074 | 3,884 | 3,049 | 2,832 |
| Short-term investments | 31,039 | 37,244 | 32,872 | 37,894 |
| Dispositions, net of cash disposed | - | 0 | 0 | 422 |
| Derivatives, net | 175 | 696 | 1,329 | 1,881 |
| Other, net | 207 | 50 | 676 | 98 |
| Cash flows from (used in) investing activities | -25,892 | -28,585 | -12,122 | -7,638 |
| Policyholders account deposits | 39,889 | 35,913 | 28,521 | 30,094 |
| Policyholders account withdrawals | 20,251 | 19,388 | 18,307 | 24,149 |
| Net change in securities sold under agreements to repurchase and cash collateral for loaned securities | 1,881 | 3,884 | -156 | -1,541 |
| Cash dividends paid on common stock | 1,926 | 1,891 | 1,846 | 1,817 |
| Net change in financing arrangements (maturities 90 days or less) | 449 | -583 | 10 | -214 |
| Common stock acquired | 1,000 | 1,000 | 1,012 | 1,488 |
| Common stock reissued for exercise of stock options | 109 | 201 | 126 | 163 |
| Proceeds from the issuance of debt (maturities longer than 90 days) | 1,195 | 1,423 | 716 | 2,706 |
| Repayments of debt (maturities longer than 90 days) | 1,546 | 814 | 1,982 | 1,184 |
| Proceeds from notes issued by consolidated vies | 1,564 | 1,436 | 1,360 | 137 |
| Repayments of notes issued by consolidated vies | 439 | 617 | 336 | 0 |
| Other, net | 848 | 830 | 645 | 2,226 |
| Cash flows from (used in) financing activities | 20,773 | 19,394 | 7,739 | 4,933 |
| Effect of foreign exchange rate changes on cash balances | 77 | -254 | 37 | -159 |
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents including balances classified as held-for-sale | - | - | - | 2,294 |
| Net change in cash balances classified as held-for-sale | - | 0 | 0 | 2,071 |
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents | 1,229 | -943 | 2,164 | 4,365 |
| Cash and cash equivalents at beginning of period | 18,520 | 19,463 | 17,299 | 12,934 |
| Cash and cash equivalents at end of period | 19,749 | 18,520 | 19,463 | 17,299 |
PRUDENTIAL FINANCIAL INC (PRH)
PRUDENTIAL FINANCIAL INC (PRH)