2013 Q3 Form 10-Q Financial Statement

#000119312514401146 Filed on November 06, 2014

View on sec.gov

Income Statement

Concept 2013 Q3
Revenue $11.31B
YoY Change -13.9%
Cost Of Revenue $6.237B
YoY Change -34.87%
Gross Profit $5.073B
YoY Change 42.5%
Gross Profit Margin 44.85%
Selling, General & Admin $3.240B
YoY Change -0.58%
% of Gross Profit 63.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization -$452.0M
YoY Change -348.35%
% of Gross Profit -8.91%
Operating Expenses $9.784B
YoY Change -30.48%
Operating Profit -$4.711B
YoY Change -55.19%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.526B
YoY Change -264.09%
Income Tax $509.0M
% Of Pretax Income 33.36%
Net Earnings $1.027B
YoY Change -278.92%
Net Earnings / Revenue 9.08%
Basic Earnings Per Share $2.07
Diluted Earnings Per Share $2.04
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $12.65B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $398.6B
YoY Change 5.44%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $723.1B
YoY Change 7.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $5.541B
YoY Change 83.9%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $16.09B
YoY Change -17.36%
LONG-TERM LIABILITIES
Long-Term Debt $23.64B
YoY Change -0.85%
Other Long-Term Liabilities $13.32B
YoY Change 18.26%
Total Long-Term Liabilities $36.97B
YoY Change 55.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.09B
Total Long-Term Liabilities $36.97B
Total Liabilities $688.0B
YoY Change 8.69%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $24.42B
YoY Change 0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.30B
YoY Change 0.57%
Treasury Stock Shares $198.2M
Shareholders Equity $34.36B
YoY Change
Total Liabilities & Shareholders Equity $723.1B
YoY Change 7.66%

Cashflow Statement

Concept 2013 Q3
OPERATING ACTIVITIES
Net Income $1.027B
YoY Change -278.92%
Depreciation, Depletion And Amortization -$452.0M
YoY Change -348.35%
Cash From Operating Activities $3.097B
YoY Change -45.79%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$4.423B
YoY Change -25.07%
Cash From Investing Activities -$4.423B
YoY Change -25.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 887.0M
YoY Change -606.86%
NET CHANGE
Cash From Operating Activities 3.097B
Cash From Investing Activities -4.423B
Cash From Financing Activities 887.0M
Net Change In Cash -439.0M
YoY Change 20.27%
FREE CASH FLOW
Cash From Operating Activities $3.097B
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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us-gaap Use Of Estimates
UseOfEstimates
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Use of Estimates </font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:24.5px;">&#160;</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:24.5px;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:24.5px;">The most significant estimates include those used in determining deferred policy acquisition costs and related amortization; </font><font style="font-family:Times New Roman;font-size:10pt;">valu</font><font style="font-family:Times New Roman;font-size:10pt;">e</font><font style="font-family:Times New Roman;font-size:10pt;"> of business acquired and its amortization; </font><font style="font-family:Times New Roman;font-size:10pt;">amortization of sales inducements; </font><font style="font-family:Times New Roman;font-size:10pt;">measurement of goodwill and any related impairment; valuation of investments including derivatives and the recognition of other-than-temporary impairments; future policy benefits including guarantees; pension and other postretirement benefits; provision for income taxes and valuation of deferred </font><font style="font-family:Times New Roman;font-size:10pt;">tax assets; and reserves for contingent liabilities, including reserves for losses in connection with unresolved legal matters.</font><font style="font-family:Times New Roman;font-size:10pt;">&#160;</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p>
CY2014Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
0 USD
CY2013Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
12000000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
12000000 USD
CY2014Q3 pru Troubled Debt Restructuring Commitment To Borrowers
TroubledDebtRestructuringCommitmentToBorrowers
0 USD
CY2013Q4 pru Troubled Debt Restructuring Commitment To Borrowers
TroubledDebtRestructuringCommitmentToBorrowers
0 USD
CY2014Q3 pru Held To Maturity Securities Transferred Security Unrealized Gains Losses
HeldToMaturitySecuritiesTransferredSecurityUnrealizedGainsLosses
9000000 USD
CY2014Q3 pru Investment Grade Securities Gross Unrealized Losses
InvestmentGradeSecuritiesGrossUnrealizedLosses
1539000000 USD
CY2014Q3 pru Below Investment Grade Securities Gross Unrealized Losses
BelowInvestmentGradeSecuritiesGrossUnrealizedLosses
191000000 USD
CY2013Q4 pru Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
SecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
2194000000 USD
CY2014Q3 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-194000000 USD
CY2013Q3 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
63000000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
73000000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-430000000 USD
CY2014Q3 pru Other Trading Securities Unrealized Holding Gain Loss
OtherTradingSecuritiesUnrealizedHoldingGainLoss
-66000000 USD
CY2013Q3 pru Other Trading Securities Unrealized Holding Gain Loss
OtherTradingSecuritiesUnrealizedHoldingGainLoss
25000000 USD
pru Other Trading Securities Unrealized Holding Gain Loss
OtherTradingSecuritiesUnrealizedHoldingGainLoss
-31000000 USD
pru Other Trading Securities Unrealized Holding Gain Loss
OtherTradingSecuritiesUnrealizedHoldingGainLoss
112000000 USD
CY2014Q3 pru Accumulated Other Comprehensive Income Loss Unrealized Gains And Losses On Other Than Temporarily Impaired Securities Net Of Tax
AccumulatedOtherComprehensiveIncomeLossUnrealizedGainsAndLossesOnOtherThanTemporarilyImpairedSecuritiesNetOfTax
928000000 USD
CY2014Q3 pru Net Unrealized Gains On Impaired Held To Maturity Securities
NetUnrealizedGainsOnImpairedHeldToMaturitySecurities
1000000 USD
CY2013Q4 pru Accumulated Other Comprehensive Income Loss Unrealized Gains And Losses On Other Than Temporarily Impaired Securities Net Of Tax
AccumulatedOtherComprehensiveIncomeLossUnrealizedGainsAndLossesOnOtherThanTemporarilyImpairedSecuritiesNetOfTax
875000000 USD
CY2013Q4 pru Net Unrealized Gains On Impaired Held To Maturity Securities
NetUnrealizedGainsOnImpairedHeldToMaturitySecurities
1000000 USD
CY2014Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
0 USD
CY2013Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
7000000 USD
CY2014Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
0 USD
CY2013Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
8000000 USD
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
107000000 USD
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
107000000 USD
CY2014Q3 pru Securities Continuous Unrealized Loss Position Declines In Value Of Greater Than20 Percent Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionDeclinesInValueOfGreaterThan20PercentAggregateLosses
6000000 USD
CY2013Q4 pru Securities Continuous Unrealized Loss Position Declines In Value Of Greater Than20 Percent Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionDeclinesInValueOfGreaterThan20PercentAggregateLosses
4000000 USD
CY2013Q4 pru Securities Continuous Unrealized Loss Position Less Than6 Months Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionLessThan6MonthsAggregateLosses
0 USD
CY2014Q3 pru Securities Continuous Unrealized Loss Position Less Than6 Months Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionLessThan6MonthsAggregateLosses
0 USD
CY2014Q3 pru Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
SecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
1378000000 USD
CY2014Q3 pru Available For Sale Securities Other Than Temporary Impairments In Accumulated Other Comprehensive Income Loss
AvailableForSaleSecuritiesOtherThanTemporaryImpairmentsInAccumulatedOtherComprehensiveIncomeLoss
616000000 USD
CY2013Q4 pru Available For Sale Securities Other Than Temporary Impairments In Accumulated Other Comprehensive Income Loss
AvailableForSaleSecuritiesOtherThanTemporaryImpairmentsInAccumulatedOtherComprehensiveIncomeLoss
765000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
31192000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
31994000000 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
1207000000 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
1293000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
10140000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
49570000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
58410000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
124448000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
10588000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
54298000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
64263000000 USD
CY2014Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
139924000000 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
0 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
51000000 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
219000000 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
1403000000 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
0 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
53000000 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
232000000 USD
CY2014Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
1605000000 USD
CY2014Q3 pru Other Than Temporary Impairment Losses Equity Securities
OtherThanTemporaryImpairmentLossesEquitySecurities
9000000 USD
CY2014Q3 pru Other Than Temporary Impairment Losses Recognized In Earnings
OtherThanTemporaryImpairmentLossesRecognizedInEarnings
5000000 USD
CY2013Q3 pru Other Than Temporary Impairment Losses Equity Securities
OtherThanTemporaryImpairmentLossesEquitySecurities
3000000 USD
CY2013Q3 pru Other Than Temporary Impairment Losses Recognized In Earnings
OtherThanTemporaryImpairmentLossesRecognizedInEarnings
43000000 USD
pru Other Than Temporary Impairment Losses Recognized In Earnings
OtherThanTemporaryImpairmentLossesRecognizedInEarnings
47000000 USD
pru Other Than Temporary Impairment Losses Equity Securities
OtherThanTemporaryImpairmentLossesEquitySecurities
26000000 USD
pru Other Than Temporary Impairment Losses Recognized In Earnings
OtherThanTemporaryImpairmentLossesRecognizedInEarnings
146000000 USD
pru Other Than Temporary Impairment Losses Equity Securities
OtherThanTemporaryImpairmentLossesEquitySecurities
11000000 USD
CY2014Q2 pru Credit Losses Recognized In Earnings
CreditLossesRecognizedInEarnings
794000000 USD
CY2014Q3 pru Other Than Temporary Impairments Credit Losses On Securities Matured Paid Down Prepaid Or Sold
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesMaturedPaidDownPrepaidOrSold
-15000000 USD
CY2014Q3 pru Other Than Temporary Impairments Credit Losses On Securities Impaired To Fair Value
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesImpairedToFairValue
0 USD
CY2014Q3 pru Other Than Temporary Impairments Credit Losses On Securities Not Previously Impaired
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesNotPreviouslyImpaired
0 USD
CY2014Q3 pru Other Than Temporary Impairments Credit Losses On Previously Impaired Securities
OtherThanTemporaryImpairmentsCreditLossesOnPreviouslyImpairedSecurities
1000000 USD
CY2014Q3 pru Other Than Temporary Impairments
OtherThanTemporaryImpairments
10000000 USD
CY2014Q3 pru Other Than Temporary Impairments Credit Losses Accretion
OtherThanTemporaryImpairmentsCreditLossesAccretion
-3000000 USD
CY2014Q3 pru Credit Losses Recognized In Earnings
CreditLossesRecognizedInEarnings
787000000 USD
CY2013Q4 pru Credit Losses Recognized In Earnings
CreditLossesRecognizedInEarnings
968000000 USD
pru Other Than Temporary Impairments Credit Losses On Securities Matured Paid Down Prepaid Or Sold
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesMaturedPaidDownPrepaidOrSold
-214000000 USD
pru Other Than Temporary Impairments Credit Losses On Securities Not Previously Impaired
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesNotPreviouslyImpaired
12000000 USD
pru Other Than Temporary Impairments Credit Losses On Securities Impaired To Fair Value
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesImpairedToFairValue
0 USD
pru Other Than Temporary Impairments Credit Losses On Previously Impaired Securities
OtherThanTemporaryImpairmentsCreditLossesOnPreviouslyImpairedSecurities
5000000 USD
pru Other Than Temporary Impairments
OtherThanTemporaryImpairments
28000000 USD
pru Other Than Temporary Impairments Credit Losses Accretion
OtherThanTemporaryImpairmentsCreditLossesAccretion
-12000000 USD
CY2013Q2 pru Credit Losses Recognized In Earnings
CreditLossesRecognizedInEarnings
1080000000 USD
CY2013Q3 pru Other Than Temporary Impairments Credit Losses On Securities Matured Paid Down Prepaid Or Sold
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesMaturedPaidDownPrepaidOrSold
-113000000 USD
CY2013Q3 pru Other Than Temporary Impairments Credit Losses On Securities Impaired To Fair Value
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesImpairedToFairValue
-1000000 USD
CY2013Q3 pru Other Than Temporary Impairments Credit Losses On Securities Not Previously Impaired
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesNotPreviouslyImpaired
1000000 USD
CY2013Q3 pru Other Than Temporary Impairments Credit Losses On Previously Impaired Securities
OtherThanTemporaryImpairmentsCreditLossesOnPreviouslyImpairedSecurities
27000000 USD
CY2013Q3 pru Other Than Temporary Impairments
OtherThanTemporaryImpairments
14000000 USD
CY2013Q3 pru Other Than Temporary Impairments Credit Losses Accretion
OtherThanTemporaryImpairmentsCreditLossesAccretion
-3000000 USD
CY2013Q3 pru Credit Losses Recognized In Earnings
CreditLossesRecognizedInEarnings
1005000000 USD
CY2012Q4 pru Credit Losses Recognized In Earnings
CreditLossesRecognizedInEarnings
1166000000 USD
pru Other Than Temporary Impairments Credit Losses On Securities Matured Paid Down Prepaid Or Sold
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesMaturedPaidDownPrepaidOrSold
-263000000 USD
pru Other Than Temporary Impairments Credit Losses On Securities Impaired To Fair Value
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesImpairedToFairValue
-1000000 USD
pru Other Than Temporary Impairments Credit Losses On Securities Not Previously Impaired
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesNotPreviouslyImpaired
9000000 USD
pru Other Than Temporary Impairments Credit Losses On Previously Impaired Securities
OtherThanTemporaryImpairmentsCreditLossesOnPreviouslyImpairedSecurities
66000000 USD
pru Other Than Temporary Impairments
OtherThanTemporaryImpairments
40000000 USD
pru Other Than Temporary Impairments Credit Losses Accretion
OtherThanTemporaryImpairmentsCreditLossesAccretion
-12000000 USD
CY2013Q4 pru Trading Account Assets Supporting Insurance Liabilities Amortized Cost
TradingAccountAssetsSupportingInsuranceLiabilitiesAmortizedCost
19971000000 USD
CY2014Q3 pru Trading Account Assets Supporting Insurance Liabilities Amortized Cost
TradingAccountAssetsSupportingInsuranceLiabilitiesAmortizedCost
19578000000 USD
CY2013Q4 pru Other Trading Account Assets Amortized Cost
OtherTradingAccountAssetsAmortizedCost
USD
CY2014Q3 pru Other Trading Account Assets Amortized Cost
OtherTradingAccountAssetsAmortizedCost
USD
CY2014Q3 pru Other Trading Account Assets Fair Value
OtherTradingAccountAssetsFairValue
9321000000 USD
CY2013Q4 pru Other Trading Account Assets Fair Value
OtherTradingAccountAssetsFairValue
6453000000 USD
pru Concentration Of Credit Risk Threshold
ConcentrationOfCreditRiskThreshold
the Company&#8217;s exposure to concentrations of credit risk of single issuers greater than 10% of the Company&#8217;s stockholders&#8217; equity included securities of the U.S. government, certain U.S. government agencies and certain securities guaranteed by the U.S. government, as well as the securities disclosed below
CY2013 pru Concentration Of Credit Risk Threshold
ConcentrationOfCreditRiskThreshold
the Company&#8217;s exposure to concentrations of credit risk of single issuers greater than 10% of the Company&#8217;s stockholders&#8217; equity included securities of the U.S. government, certain U.S. government agencies and certain securities guaranteed by the U.S. government, as well as the securities disclosed below
CY2014Q3 us-gaap Loans And Leases Receivable Other Allowance
LoansAndLeasesReceivableOtherAllowance
15000000 USD
CY2014Q3 pru Total Net Other Loans
TotalNetOtherLoans
1962000000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Other Allowance
LoansAndLeasesReceivableOtherAllowance
21000000 USD
CY2013Q4 pru Total Net Other Loans
TotalNetOtherLoans
2164000000 USD
CY2014Q3 pru Loans Receivable Net Commercial Mortgage
LoansReceivableNetCommercialMortgage
42874000000 USD
CY2013Q4 pru Loans Receivable Net Commercial Mortgage
LoansReceivableNetCommercialMortgage
38844000000 USD
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
9000000 USD
us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
0 USD
CY2013 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
39000000 USD
CY2013 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
-5000000 USD
CY2012Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
269000000 USD
pru Addition To Release Of Allowance For Losses
AdditionToReleaseOfAllowanceForLosses
-80000000 USD
CY2013 pru Addition To Release Of Allowance For Losses
AdditionToReleaseOfAllowanceForLosses
-9000000 USD
CY2014Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
11000000 USD
CY2014Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
116000000 USD
CY2014Q3 us-gaap Financing Receivable Allowance For Credit Losses Acquired With Deteriorated Credit Quality
FinancingReceivableAllowanceForCreditLossesAcquiredWithDeterioratedCreditQuality
0 USD
CY2014Q3 pru Financing Receivable Allowance For Credit Losses Total
FinancingReceivableAllowanceForCreditLossesTotal
127000000 USD
CY2014Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
295000000 USD
CY2014Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
44668000000 USD
CY2014Q3 us-gaap Financing Receivable Acquired With Deteriorated Credit Quality
FinancingReceivableAcquiredWithDeterioratedCreditQuality
0 USD
CY2014Q3 pru Financing Receivable Total
FinancingReceivableTotal
44963000000 USD
CY2013Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
19000000 USD
CY2013Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
197000000 USD
CY2013Q4 us-gaap Financing Receivable Allowance For Credit Losses Acquired With Deteriorated Credit Quality
FinancingReceivableAllowanceForCreditLossesAcquiredWithDeterioratedCreditQuality
0 USD
CY2013Q4 pru Financing Receivable Allowance For Credit Losses Total
FinancingReceivableAllowanceForCreditLossesTotal
216000000 USD
CY2013Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
443000000 USD
CY2013Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
40781000000 USD
CY2013Q4 us-gaap Financing Receivable Acquired With Deteriorated Credit Quality
FinancingReceivableAcquiredWithDeterioratedCreditQuality
0 USD
CY2013Q4 pru Financing Receivable Total
FinancingReceivableTotal
41224000000 USD
CY2014Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
129000000 USD
CY2014Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
131000000 USD
CY2014Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
11000000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
105000000 USD
CY2014Q3 pru Impaired Financing Receivable Interest Income Recognized
ImpairedFinancingReceivableInterestIncomeRecognized
6000000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
97000000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
100000000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
19000000 USD
CY2013Q4 pru Impaired Financing Receivable Interest Income Recognized
ImpairedFinancingReceivableInterestIncomeRecognized
5000000 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
41163000000 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
27000000 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
FinancingReceivableRecordedInvestment60To89DaysPastDue
3000000 USD
CY2013Q4 pru Financing Receivable Recorded Investment Greater Than90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestmentGreaterThan90DaysPastDueAndStillAccruing
0 USD
CY2013Q4 pru Financing Receivable Recorded Investment Greater Than90 Days Past Due And Not Accruing
FinancingReceivableRecordedInvestmentGreaterThan90DaysPastDueAndNotAccruing
31000000 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
61000000 USD
CY2013Q4 us-gaap Notes Receivable Net
NotesReceivableNet
41224000000 USD
CY2014Q3 us-gaap Notes Receivable Net
NotesReceivableNet
44963000000 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
173000000 USD
CY2014Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
120000000 USD
CY2013Q3 pru Investment Expenses
InvestmentExpenses
146000000 USD
CY2013Q3 pru Investment Income
InvestmentIncome
3796000000 USD
pru Investment Income
InvestmentIncome
11965000000 USD
pru Investment Expenses
InvestmentExpenses
532000000 USD
pru Investment Income
InvestmentIncome
11426000000 USD
pru Investment Expenses
InvestmentExpenses
427000000 USD
CY2013Q4 pru Available For Sale Securities Unrealized Gains Losses Net
AvailableForSaleSecuritiesUnrealizedGainsLossesNet
20604000000 USD
CY2014Q3 pru Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
352000000 USD
CY2014Q3 pru Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
24154000000 USD
CY2014Q3 pru Securities Continuous Unrealized Loss Position Fair Value
SecuritiesContinuousUnrealizedLossPositionFairValue
44368000000 USD
CY2014Q3 pru Securities Continuous Unrealized Loss Position Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionAggregateLosses
1730000000 USD
CY2014Q3 pru Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
20214000000 USD
CY2013Q4 pru Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
46798000000 USD
CY2013Q4 pru Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
2257000000 USD
CY2013Q4 pru Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
17981000000 USD
CY2013Q4 pru Securities Continuous Unrealized Loss Position Fair Value
SecuritiesContinuousUnrealizedLossPositionFairValue
64779000000 USD
CY2013Q4 pru Securities Continuous Unrealized Loss Position Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionAggregateLosses
4451000000 USD
CY2014Q3 us-gaap Medium Term Notes
MediumTermNotes
2710000000 USD
CY2013Q4 us-gaap Medium Term Notes
MediumTermNotes
2381000000 USD
us-gaap Variable Interest Entity Extent Of Or Lack Of Recourse
VariableInterestEntityExtentOfOrLackOfRecourse
Notes issued by consolidated VIEs.&#8221; Recourse is limited to the assets of the respective VIE and does not extend to the general credit of Prudential Financial
us-gaap Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
As of September 30, 2014, the maturities of these obligations were greater than five years.
CY2014Q3 us-gaap Closed Block Liabilities Future Policy Benefits And Policyholder Account Balances
ClosedBlockLiabilitiesFuturePolicyBenefitsAndPolicyholderAccountBalances
49862000000 USD
CY2014Q3 us-gaap Closed Block Liabilities Policyholder Dividends Payable
ClosedBlockLiabilitiesPolicyholderDividendsPayable
954000000 USD
CY2014Q3 us-gaap Closed Block Liabilities Policyholder Dividend Obligation
ClosedBlockLiabilitiesPolicyholderDividendObligation
5829000000 USD
CY2014Q3 pru Closed Block Liabilities Policyholder Account Balances
ClosedBlockLiabilitiesPolicyholderAccountBalances
5319000000 USD
CY2014Q3 us-gaap Closed Block Liabilities Other Closed Block Liabilities
ClosedBlockLiabilitiesOtherClosedBlockLiabilities
5422000000 USD
CY2014Q3 us-gaap Closed Block Liabilities
ClosedBlockLiabilities
67386000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block Fixed Maturity Available For Sale At Fair Value
AssetsDesignatedToClosedBlockFixedMaturityAvailableForSaleAtFairValue
40494000000 USD
CY2014Q3 pru Assets Designated To Closed Block Other Trading
AssetsDesignatedToClosedBlockOtherTrading
266000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block Equity Securities Available For Sale At Fair Value
AssetsDesignatedToClosedBlockEquitySecuritiesAvailableForSaleAtFairValue
3502000000 USD
CY2014Q3 pru Assets Designated To Closed Block Commercial Mortgage Loans
AssetsDesignatedToClosedBlockCommercialMortgageLoans
9407000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block Policy Loans
AssetsDesignatedToClosedBlockPolicyLoans
4929000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block Other Long Term Investments
AssetsDesignatedToClosedBlockOtherLongTermInvestments
2540000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block Short Term Investments
AssetsDesignatedToClosedBlockShortTermInvestments
602000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block Investments
AssetsDesignatedToClosedBlockInvestments
61740000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block Cash And Cash Equivalents
AssetsDesignatedToClosedBlockCashAndCashEquivalents
1610000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block Accrued Investment Income
AssetsDesignatedToClosedBlockAccruedInvestmentIncome
556000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block Other Closed Block Assets1
AssetsDesignatedToClosedBlockOtherClosedBlockAssets1
561000000 USD
CY2014Q3 us-gaap Assets Designated To Closed Block
AssetsDesignatedToClosedBlock
64467000000 USD
CY2014Q3 us-gaap Excess Of Reported Closed Block Liabilities Over Assets Designated To Closed Block
ExcessOfReportedClosedBlockLiabilitiesOverAssetsDesignatedToClosedBlock
2919000000 USD
CY2014Q3 us-gaap Closed Block Investments Available For Sale Change In Unrealized Appreciation
ClosedBlockInvestmentsAvailableForSaleChangeInUnrealizedAppreciation
4392000000 USD
CY2014Q3 us-gaap Closed Block Assets And Liabilities Change In Policyholder Dividend Obligation
ClosedBlockAssetsAndLiabilitiesChangeInPolicyholderDividendObligation
-4402000000 USD
CY2014Q3 us-gaap Closed Block Assets And Liabilities Maximum Future Earnings To Be Recognized
ClosedBlockAssetsAndLiabilitiesMaximumFutureEarningsToBeRecognized
2909000000 USD
CY2013Q4 us-gaap Closed Block Liabilities Future Policy Benefits And Policyholder Account Balances
ClosedBlockLiabilitiesFuturePolicyBenefitsAndPolicyholderAccountBalances
50258000000 USD
CY2013Q4 us-gaap Closed Block Liabilities Policyholder Dividends Payable
ClosedBlockLiabilitiesPolicyholderDividendsPayable
907000000 USD
CY2013Q4 us-gaap Closed Block Liabilities Policyholder Dividend Obligation
ClosedBlockLiabilitiesPolicyholderDividendObligation
4511000000 USD
CY2013Q4 pru Closed Block Liabilities Policyholder Account Balances
ClosedBlockLiabilitiesPolicyholderAccountBalances
5359000000 USD
CY2013Q4 us-gaap Closed Block Liabilities Other Closed Block Liabilities
ClosedBlockLiabilitiesOtherClosedBlockLiabilities
4281000000 USD
CY2013Q4 us-gaap Closed Block Liabilities
ClosedBlockLiabilities
65316000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block Fixed Maturity Available For Sale At Fair Value
AssetsDesignatedToClosedBlockFixedMaturityAvailableForSaleAtFairValue
39169000000 USD
CY2013Q4 pru Assets Designated To Closed Block Other Trading
AssetsDesignatedToClosedBlockOtherTrading
291000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block Equity Securities Available For Sale At Fair Value
AssetsDesignatedToClosedBlockEquitySecuritiesAvailableForSaleAtFairValue
3884000000 USD
CY2013Q4 pru Assets Designated To Closed Block Commercial Mortgage Loans
AssetsDesignatedToClosedBlockCommercialMortgageLoans
8762000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block Policy Loans
AssetsDesignatedToClosedBlockPolicyLoans
5013000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block Other Long Term Investments
AssetsDesignatedToClosedBlockOtherLongTermInvestments
2085000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block Short Term Investments
AssetsDesignatedToClosedBlockShortTermInvestments
1790000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block Investments
AssetsDesignatedToClosedBlockInvestments
60994000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block Cash And Cash Equivalents
AssetsDesignatedToClosedBlockCashAndCashEquivalents
544000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block Accrued Investment Income
AssetsDesignatedToClosedBlockAccruedInvestmentIncome
542000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block Other Closed Block Assets1
AssetsDesignatedToClosedBlockOtherClosedBlockAssets1
296000000 USD
CY2013Q4 us-gaap Assets Designated To Closed Block
AssetsDesignatedToClosedBlock
62376000000 USD
CY2013Q4 us-gaap Excess Of Reported Closed Block Liabilities Over Assets Designated To Closed Block
ExcessOfReportedClosedBlockLiabilitiesOverAssetsDesignatedToClosedBlock
2940000000 USD
CY2013Q4 us-gaap Closed Block Investments Available For Sale Change In Unrealized Appreciation
ClosedBlockInvestmentsAvailableForSaleChangeInUnrealizedAppreciation
3615000000 USD
CY2013Q4 us-gaap Closed Block Assets And Liabilities Change In Policyholder Dividend Obligation
ClosedBlockAssetsAndLiabilitiesChangeInPolicyholderDividendObligation
-3624000000 USD
CY2013Q4 us-gaap Closed Block Assets And Liabilities Maximum Future Earnings To Be Recognized
ClosedBlockAssetsAndLiabilitiesMaximumFutureEarningsToBeRecognized
2931000000 USD
us-gaap Schedule Of Closed Block Assets And Liabilities
ScheduleOfClosedBlockAssetsAndLiabilities
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 20px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 345px; text-align:left;border-color:#000000;min-width:345px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td colspan="2" style="width: 72px; 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text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 345px; text-align:left;border-color:#000000;min-width:345px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:60px;">&#160;</td></tr><tr style="height: 17px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 345px; text-align:center;border-color:#000000;min-width:345px;">&#160;</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:center;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:center;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;">&#160;</td><td colspan="5" style="width: 156px; text-align:center;border-color:#000000;min-width:156px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">(in millions)</font></td></tr><tr style="height: 17px"><td colspan="3" style="width: 369px; text-align:left;border-color:#000000;min-width:369px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Closed Block Liabilities</font></td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;">&#160;</td></tr><tr style="height: 17px"><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td colspan="8" style="width: 525px; text-align:center;border-color:#000000;min-width:525px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Future policy benefits</font></td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">$</font></td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 49,862</font></td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">$</font></td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">50,258</font></td></tr><tr style="height: 17px"><td style="width: 12px; 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text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:60px;">&#160;</td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:12px;">&#160;</td><td style="width: 60px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:60px;">&#160;</td></tr><tr style="height: 17px"><td colspan="3" style="width: 369px; 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us-gaap Closed Block Dividend Obligation Effect Of Operating Results
ClosedBlockDividendObligationEffectOfOperatingResults
540000000 USD
us-gaap Closed Block Dividend Obligation Change In Unrealized Investment Gains Losses
ClosedBlockDividendObligationChangeInUnrealizedInvestmentGainsLosses
778000000 USD
us-gaap Closed Block Operations Premiums
ClosedBlockOperationsPremiums
1970000000 USD
us-gaap Closed Block Operations Net Investment Income
ClosedBlockOperationsNetInvestmentIncome
2101000000 USD
us-gaap Closed Block Operations Realized Investment Gains Losses
ClosedBlockOperationsRealizedInvestmentGainsLosses
901000000 USD
us-gaap Closed Block Operations Other Revenue
ClosedBlockOperationsOtherRevenue
31000000 USD
us-gaap Closed Block Operations Revenue
ClosedBlockOperationsRevenue
5003000000 USD
us-gaap Closed Block Operations Policyholder Benefits
ClosedBlockOperationsPolicyholderBenefits
2459000000 USD
us-gaap Closed Block Operations Change In Policyholder Benefits And Interest Credited To Policyholder Account Balances
ClosedBlockOperationsChangeInPolicyholderBenefitsAndInterestCreditedToPolicyholderAccountBalances
102000000 USD
us-gaap Closed Block Operations Policyholder Dividends
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us-gaap Closed Block Operations Policyholder Dividends
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pru Closed Block Revenue Net Of Closed Block Benefits Expenses Income Taxes Before Discontinued Operations
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us-gaap Closed Block Operations Net Results
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ClosedBlockOperationsOtherRevenue
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CY2014Q3 us-gaap Closed Block Operations Revenue
ClosedBlockOperationsRevenue
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CY2014Q3 us-gaap Closed Block Operations Policyholder Benefits
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CY2014Q3 us-gaap Closed Block Operations Change In Policyholder Benefits And Interest Credited To Policyholder Account Balances
ClosedBlockOperationsChangeInPolicyholderBenefitsAndInterestCreditedToPolicyholderAccountBalances
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CY2014Q3 us-gaap Closed Block Operations Policyholder Dividends
ClosedBlockOperationsPolicyholderDividends
725000000 USD
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ClosedBlockOperationsOtherExpense
110000000 USD
CY2014Q3 us-gaap Closed Block Operations Benefits And Expense
ClosedBlockOperationsBenefitsAndExpense
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ClosedBlockOperationsResultsBeforeIncomeTaxes
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CY2014Q3 us-gaap Closed Block Operations Income Taxes
ClosedBlockOperationsIncomeTaxes
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CY2014Q3 pru Closed Block Revenue Net Of Closed Block Benefits Expenses Income Taxes Before Discontinued Operations
ClosedBlockRevenueNetOfClosedBlockBenefitsExpensesIncomeTaxesBeforeDiscontinuedOperations
11000000 USD
CY2014Q3 pru Adjustment Income Loss From Discontinued Operations Net Of Tax
AdjustmentIncomeLossFromDiscontinuedOperationsNetOfTax
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CY2014Q3 us-gaap Closed Block Operations Net Results
ClosedBlockOperationsNetResults
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CY2013Q3 us-gaap Closed Block Operations Premiums
ClosedBlockOperationsPremiums
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CY2013Q3 us-gaap Closed Block Operations Net Investment Income
ClosedBlockOperationsNetInvestmentIncome
678000000 USD
CY2013Q3 us-gaap Closed Block Operations Realized Investment Gains Losses
ClosedBlockOperationsRealizedInvestmentGainsLosses
208000000 USD
CY2013Q3 us-gaap Closed Block Operations Other Revenue
ClosedBlockOperationsOtherRevenue
25000000 USD
CY2013Q3 us-gaap Closed Block Operations Revenue
ClosedBlockOperationsRevenue
1540000000 USD
CY2013Q3 us-gaap Closed Block Operations Policyholder Benefits
ClosedBlockOperationsPolicyholderBenefits
774000000 USD
CY2013Q3 us-gaap Closed Block Operations Change In Policyholder Benefits And Interest Credited To Policyholder Account Balances
ClosedBlockOperationsChangeInPolicyholderBenefitsAndInterestCreditedToPolicyholderAccountBalances
34000000 USD
CY2013Q3 us-gaap Closed Block Operations Policyholder Dividends
ClosedBlockOperationsPolicyholderDividends
557000000 USD
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
4300000
CY2013Q3 us-gaap Closed Block Operations Other Expense
ClosedBlockOperationsOtherExpense
116000000 USD
CY2013Q3 us-gaap Closed Block Operations Benefits And Expense
ClosedBlockOperationsBenefitsAndExpense
1481000000 USD
CY2013Q3 us-gaap Closed Block Operations Results Before Income Taxes
ClosedBlockOperationsResultsBeforeIncomeTaxes
59000000 USD
CY2013Q3 us-gaap Closed Block Operations Income Taxes
ClosedBlockOperationsIncomeTaxes
53000000 USD
CY2013Q3 pru Closed Block Revenue Net Of Closed Block Benefits Expenses Income Taxes Before Discontinued Operations
ClosedBlockRevenueNetOfClosedBlockBenefitsExpensesIncomeTaxesBeforeDiscontinuedOperations
6000000 USD
CY2013Q3 pru Adjustment Income Loss From Discontinued Operations Net Of Tax
AdjustmentIncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2013Q3 us-gaap Closed Block Operations Net Results
ClosedBlockOperationsNetResults
6000000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
4300000
CY2013Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
4400000
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1800000
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2200000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24800000
CY2014Q3 pru Stock Conversion Rights Aggregate Average Market To Fair Value Rate
StockConversionRightsAggregateAverageMarketToFairValueRate
1.2 pure
CY2014Q3 pru Stock Conversion Rights Aggregate Average Market To Fair Value Permitted Rate
StockConversionRightsAggregateAverageMarketToFairValuePermittedRate
1 pure
CY2014Q3 pru Commercialpaperdueovernight
Commercialpaperdueovernight
538000000 USD
CY2014Q3 pru Commercialpaperdailyaverageoutstanding
Commercialpaperdailyaverageoutstanding
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CY2014Q3 us-gaap Short Term Debt Weighted Average Interest Rate
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0.0021 pure
CY2013Q4 pru Commercialpaperdueovernight
Commercialpaperdueovernight
466000000 USD
CY2013Q4 pru Commercialpaperdailyaverageoutstanding
Commercialpaperdailyaverageoutstanding
1309000000 USD
CY2013 pru Commercial Paper Weighted Average Maturity
CommercialPaperWeightedAverageMaturity
P18D
CY2013Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0017 pure
pru Commercial Paper Weighted Average Maturity
CommercialPaperWeightedAverageMaturity
P27D
CY2014Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
3750000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Defined Benefit Plans General Information
DefinedBenefitPlansGeneralInformation
The Company has funded and non-funded non-contributory defined benefit pension plans, which cover substantially all of its employees. For some employees, benefits are based on final average earnings and length of service, while benefits for other employees are based on an account balance that takes into consideration age, service and earnings during their career. The Company provides certain health care and life insurance benefits for its retired employees, their beneficiaries and covered dependents (&#8220;other postretirement benefits&#8221;). The health care plan is contributory; the life insurance plan is non-contributory. Substantially all of the Company&#8217;s U.S. employees may become eligible to receive other postretirement benefits if they retire after age&#160;55 with at least 10 years of service or under certain circumstances after age 50 with at least 20 years of continuous service. Net periodic (benefit) cost included in &#8220;General and administrative expenses&#8221; includes the following components:
us-gaap Defined Benefit Plan Expected Contributions In Current Fiscal Year
DefinedBenefitPlanExpectedContributionsInCurrentFiscalYear
135000000 USD
us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Current Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInCurrentFiscalYear
20000000 USD
CY2014Q3 pru Deferred Derivative Gains Current
DeferredDerivativeGainsCurrent
331000000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2014Q3 pru Opening Balance Sheet Deferred Tax Assets After Valuation Allowance That Will Result In Additional Tax Expense
OpeningBalanceSheetDeferredTaxAssetsAfterValuationAllowanceThatWillResultInAdditionalTaxExpense
734000000 USD
pru Additional Tax Expense Recognized In Statement Of Operations2009
AdditionalTaxExpenseRecognizedInStatementOfOperations2009
13000000 USD
pru Additional Tax Expense Recognized In Statement Of Operations2010
AdditionalTaxExpenseRecognizedInStatementOfOperations2010
6000000 USD
pru Additional Tax Expense Recognized In Statement Of Operations2011
AdditionalTaxExpenseRecognizedInStatementOfOperations2011
223000000 USD
pru Additional Tax Expense Recognized In Statement Of Operations
AdditionalTaxExpenseRecognizedInStatementOfOperations
734000000 USD
pru Additional Tax Expense Benefit Recognized In Other Comprehensive Income
AdditionalTaxExpenseBenefitRecognizedInOtherComprehensiveIncome
0 USD
pru Additional Tax Expense Recognized In Statement Of Operations2012
AdditionalTaxExpenseRecognizedInStatementOfOperations2012
384000000 USD
CY2014Q3 pru Additional Tax Expense To Be Recognized In Future Periods
AdditionalTaxExpenseToBeRecognizedInFuturePeriods
0 USD
pru Additional Tax Expense Recognized In Statement Of Operations2013
AdditionalTaxExpenseRecognizedInStatementOfOperations2013
55000000 USD
pru Additional Tax Expense Recognized In Statement Of Operarions2014
AdditionalTaxExpenseRecognizedInStatementOfOperarions2014
53000000 USD
pru Additional Tax Expense Recognized In Statement Of Operations2013
AdditionalTaxExpenseRecognizedInStatementOfOperations2013
108000000 USD
CY2014Q3 pru Interest Income Loans Commercial Fair Value Option
InterestIncomeLoansCommercialFairValueOption
5000000 USD
pru Interest Income Loans Commercial Fair Value Option
InterestIncomeLoansCommercialFairValueOption
8000000 USD
CY2013Q3 pru Interest Income Loans Commercial Fair Value Option
InterestIncomeLoansCommercialFairValueOption
4000000 USD
pru Interest Income Loans Commercial Fair Value Option
InterestIncomeLoansCommercialFairValueOption
9000000 USD
CY2014Q3 pru Fair Value Assets Level1 To Level2 Transfers
FairValueAssetsLevel1ToLevel2Transfers
26000000 USD
CY2014Q3 pru Fair Value Assets Level2 To Level1 Transfers
FairValueAssetsLevel2ToLevel1Transfers
22000000 USD
pru Fair Value Assets Level1 To Level2 Transfers
FairValueAssetsLevel1ToLevel2Transfers
200000000 USD
pru Fair Value Assets Level2 To Level1 Transfers
FairValueAssetsLevel2ToLevel1Transfers
100000000 USD
CY2013Q3 pru Fair Value Assets Level1 To Level2 Transfers
FairValueAssetsLevel1ToLevel2Transfers
0 USD
CY2013Q3 pru Fair Value Assets Level2 To Level1 Transfers
FairValueAssetsLevel2ToLevel1Transfers
1300000000 USD
pru Fair Value Assets Level1 To Level2 Transfers
FairValueAssetsLevel1ToLevel2Transfers
100000000 USD
pru Fair Value Assets Level2 To Level1 Transfers
FairValueAssetsLevel2ToLevel1Transfers
3600000000 USD
CY2014Q3 pru Commercial Mortgage Loans Carrying Value Non Recurring
CommercialMortgageLoansCarryingValueNonRecurring
46000000 USD
CY2014Q3 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
5300000000 USD
CY2013Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
400000000 USD
CY2014Q3 us-gaap Derivative Assets
DerivativeAssets
988000000 USD
CY2013Q4 us-gaap Derivative Assets
DerivativeAssets
533000000 USD
CY2014Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
97000000 USD
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2156000000 USD
CY2014Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
-9044000000 USD
CY2013Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
-7241000000 USD
CY2014Q3 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
-6590000000 USD
CY2013Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
-7257000000 USD
pru Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months Before Tax
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsBeforeTax
13000000 USD
pru Maxlengthoftimehedgedincashflowhedge
Maxlengthoftimehedgedincashflowhedge
P29Y
CY2014Q3 pru Accumulated Other Comprehensive Income Loss Net Investment Hedge Before Tax
AccumulatedOtherComprehensiveIncomeLossNetInvestmentHedgeBeforeTax
-411000000 USD
CY2013Q4 pru Accumulated Other Comprehensive Income Loss Net Investment Hedge Before Tax
AccumulatedOtherComprehensiveIncomeLossNetInvestmentHedgeBeforeTax
-356000000 USD
CY2014Q3 pru Credit Derivative Maximum Exposure On Surplus Note Issued By Company
CreditDerivativeMaximumExposureOnSurplusNoteIssuedByCompany
500000000 USD
pru Credit Derivative Current Fair Value On Surplus Note Issued By Company
CreditDerivativeCurrentFairValueOnSurplusNoteIssuedByCompany
-5000000 USD
CY2013 pru Credit Derivative Current Fair Value On Surplus Note Issued By Company
CreditDerivativeCurrentFairValueOnSurplusNoteIssuedByCompany
-4000000 USD
CY2014Q3 pru Credit Derivative Protection Purchased Notional Amount
CreditDerivativeProtectionPurchasedNotionalAmount
894000000 USD
CY2013Q4 pru Credit Derivative Protection Purchased Notional Amount
CreditDerivativeProtectionPurchasedNotionalAmount
1399000000 USD
CY2013Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Net
EmbeddedDerivativeFairValueOfEmbeddedDerivativeNet
-430000000 USD
CY2014Q3 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Net
EmbeddedDerivativeFairValueOfEmbeddedDerivativeNet
-5299000000 USD
us-gaap Credit Derivative Purchased Credit Protection
CreditDerivativePurchasedCreditProtection
-28000000 USD
CY2013 us-gaap Credit Derivative Purchased Credit Protection
CreditDerivativePurchasedCreditProtection
-42000000 USD
CY2013Q4 pru Credit Derivative Maximum Exposure On Surplus Note Issued By Company
CreditDerivativeMaximumExposureOnSurplusNoteIssuedByCompany
500000000 USD
CY2014Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
10040000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
7775000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
-9418000000 USD
CY2014Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
-6686000000 USD
CY2014Q3 pru Non Qualifying Hedge Relationship
NonQualifyingHedgeRelationship
452114000000 USD
CY2013Q4 pru Non Qualifying Hedge Relationship
NonQualifyingHedgeRelationship
419224000000 USD
CY2013Q4 pru Accumulated Other Comprehensive Income Loss Effective Portion Cash Flow Hedges Before Taxes
AccumulatedOtherComprehensiveIncomeLossEffectivePortionCashFlowHedgesBeforeTaxes
446000000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-40000000 USD
CY2014Q3 pru Accumulated Other Comprehensive Income Loss Effective Portion Cash Flow Hedges Before Taxes
AccumulatedOtherComprehensiveIncomeLossEffectivePortionCashFlowHedgesBeforeTaxes
145000000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
341000000 USD

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