XML 200 R183.htm IDEA: XBRL DOCUMENT v3.8.0.1
Schedule II - Condensed Financial Information of Registrant (Condensed Statements of Cash Flow) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES                      
NET INCOME (LOSS) $ 3,865 $ 2,241 $ 496 $ 1,372 $ 293 $ 1,832 $ 925 $ 1,369 $ 7,974 $ 4,419 $ 5,712
Adjustments to reconcile net income to cash provided by operating activities:                      
Realized investment (gains) losses, net                 (432) (2,194) (4,025)
Dividends received from subsidiaries                 63 60 27
Change in:                      
Other, operating(1) [1]                 (1,142) (900) (278)
Cash flows from (used in) operating activities                 13,445 14,815 13,942
Proceeds from the sale/maturity of:                      
Fixed maturities, available-for-sale                 58,244 49,713 47,080
Short-term investments                 29,225 43,700 77,021
Payments for the purchase of:                      
Fixed maturities, available-for-sale                 (68,667) (66,857) (47,606)
Short-term investments                 (28,301) (43,370) (76,622)
Other, investing                 (712) (227) 106
Cash flows from (used in) investing activities                 (11,934) (21,551) (7,746)
CASH FLOWS FROM FINANCING ACTIVITIES                      
Cash dividends paid on Common Stock                 (1,296) (1,300) (1,117)
Common Stock acquired                 (1,250) (2,000) (1,013)
Common Stock reissued for exercise of stock options                 246 426 209
Proceeds from the issuance of debt (maturities longer than 90 days)                 1,225 2,742 5,166
Repayments of debt (maturities longer than 90 days)                 (1,827) (2,753) (4,957)
Net change in financing arrangements (maturities 90 days or less)                 38 292 68
Excess tax benefits from share-based payment arrangements                 0 21 19
Other, financing(1) [1]                 (14) (168) (268)
Cash flows from (used in) financing activities(1)                 (1,258) 3,201 (3,571)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                 363 (3,485) 2,694
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR       14,127 [2]       17,612 14,127 [2] 17,612 14,918
CASH AND CASH EQUIVALENTS, END OF YEAR 14,490 [2]       14,127 [2]       14,490 [2] 14,127 [2] 17,612
SUPPLEMENTAL CASH FLOW INFORMATION                      
Cash paid during the period for interest                 1,248 1,257 1,324
Cash paid (refunds received) during the period for taxes                 185 770 1,083
Common Class B Stock                      
CASH FLOWS FROM FINANCING ACTIVITIES                      
Common Stock acquired                 0 (119) (651)
Prudential Financial                      
CASH FLOWS FROM OPERATING ACTIVITIES                      
NET INCOME (LOSS)                 7,863 4,368 5,642
Adjustments to reconcile net income to cash provided by operating activities:                      
Equity in earnings of subsidiaries                 (8,330) (4,969) (6,194)
Realized investment (gains) losses, net                 73 126 98
Dividends received from subsidiaries                 1,975 2,828 4,557
Property, plant and equipment                 (1) (13) (579)
Change in:                      
Due to/from subsidiaries, net                 213 (5,109) (493)
Other, operating(1) [3]                 (149) 204 (333)
Cash flows from (used in) operating activities                 1,644 (2,565) 2,698
Proceeds from the sale/maturity of:                      
Fixed maturities, available-for-sale                 740 0 0
Short-term investments                 15,973 17,575 13,700
Payments for the purchase of:                      
Fixed maturities, available-for-sale                 (865) (1,106) 0
Short-term investments                 (15,087) (19,111) (13,002)
Capital contributions to subsidiaries                 (1,135) (2,018) (2,545)
Returns of capital contributions from subsidiaries                 1,150 2,755 75
Loans to subsidiaries, net of maturities                 (1,127) (596) 2,056
Other, investing                 61 1 244
Cash flows from (used in) investing activities                 (290) (2,500) 528
CASH FLOWS FROM FINANCING ACTIVITIES                      
Cash dividends paid on Common Stock                 (1,296) (1,300) (1,117)
Common Stock acquired                 (1,250) (2,000) (1,664)
Common Stock reissued for exercise of stock options                 246 426 209
Proceeds from the issuance of debt (maturities longer than 90 days)                 742 30 1,332
Repayments of debt (maturities longer than 90 days)                 (480) (1,319) (2,404)
Repayments of loans from subsidiaries                 (310) (390) (102)
Proceeds from loans payable to subsidiaries                 1,627 1,405 1,316
Net change in financing arrangements (maturities 90 days or less)                 (16) 14 8
Excess tax benefits from share-based payment arrangements                 0 10 3
Other, financing(1) [3]                 (68) (132) (62)
Cash flows from (used in) financing activities(1)                 (805) (3,256) (2,481)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                 549 (8,321) 745
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR       $ 1,116       $ 9,437 1,116 9,437 8,692
CASH AND CASH EQUIVALENTS, END OF YEAR $ 1,665       $ 1,116       1,665 1,116 9,437
SUPPLEMENTAL CASH FLOW INFORMATION                      
Cash paid during the period for interest                 1,019 1,002 1,048
Cash paid (refunds received) during the period for taxes                 (213) (544) 46
NON-CASH TRANSACTIONS DURING THE YEAR                      
Non-cash capital contributions to subsidiaries                 (17) (4,158) 1,453
Non-cash dividends/returns of capital from subsidiaries                 0 4,142 1,335
Treasury Stock shares issued for stock-based compensation programs                 $ 104 $ 115 $ 115
[1] Prior period amounts have been reclassified to conform to current period presentation.
[2] See Note 5 for details of balances associated with variable interest entities.
[3] Prior period amounts are presented on a basis consistent with current period presentation, reflecting the adoption of ASU 2016-09. See Note 2 to the Consolidated Financial Statements for additional information.