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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The table below reconciles “adjusted operating income before income taxes” to “income before income taxes and equity in earnings of operating joint ventures”:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2018
 
2017
 
2018
 
2017
 
(in millions)
Adjusted operating income before income taxes by segment:
 
 
 
 
 
 
 
PGIM
$
230

 
$
259

 
$
716

 
$
673

Total PGIM division(1)
230

 
259

 
716

 
673

Retirement
239

 
248

 
833

 
953

Group Insurance
59

 
61

 
196

 
231

Total U.S. Workplace Solutions division(1)
298

 
309

 
1,029

 
1,184

Individual Annuities
454

 
577

 
1,480

 
1,657

Individual Life
170

 
150

 
249

 
(289
)
Total U.S. Individual Solutions division(1)
624

 
727

 
1,729

 
1,368

International Insurance
890

 
799

 
2,530

 
2,421

Total International Insurance division
890

 
799

 
2,530

 
2,421

Corporate and Other operations
(374
)
 
(310
)
 
(954
)
 
(974
)
Total Corporate and Other
(374
)
 
(310
)
 
(954
)
 
(974
)
Total segment adjusted operating income before income taxes
1,668

 
1,784

 
5,050

 
4,672

Reconciling items:
 
 
 
 
 
 
 
Realized investment gains (losses), net, and related adjustments
271

 
1,395

 
751

 
(48
)
Charges related to realized investment gains (losses), net
(94
)
 
(231
)
 
(233
)
 
571

Investment gains (losses) on assets supporting experience-rated contractholder liabilities, net
10

 
85

 
(586
)
 
330

Change in experience-rated contractholder liabilities due to asset value changes
(21
)
 
(31
)
 
482

 
(188
)
Divested businesses:
 
 
 
 
 
 
 
Closed Block division
18

 
33

 
(22
)
 
49

Other divested businesses
12

 
10

 
(1,586
)
 
51

Equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests
(26
)
 
(24
)
 
(75
)
 
(66
)
Consolidated income (loss) before income taxes and equity in earnings of operating joint ventures
$
1,838

 
$
3,021

 
$
3,781

 
$
5,371

__________
(1)
Prior period divisional subtotals are presented on a basis consistent with the Company’s new organizational structure effective in the fourth quarter of 2017. Individual segment results and consolidated totals remain unchanged. See Note 22 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017.
Reconciliation of Certain Financial Information from Segments to Consolidated
The table below presents revenues and total assets for the Company’s reportable segments for the periods or as of the dates indicated:
 
 
Revenues
 
Total Assets
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
September 30,
2018
 
December 31,
2017
 
2018
 
2017
 
2018
 
2017
 
 
(in millions)
PGIM
$
817

 
$
827

 
$
2,459

 
$
2,370

 
$
48,175

 
$
49,944

Total PGIM division(1)
817

 
827

 
2,459

 
2,370

 
48,175

 
49,944

Retirement
4,203

 
3,259

 
9,280

 
8,803

 
178,778

 
183,629

Group Insurance
1,430

 
1,363

 
4,270

 
4,108

 
41,634

 
41,575

Total U.S. Workplace Solutions division(1)
5,633

 
4,622

 
13,550

 
12,911

 
220,412

 
225,204

Individual Annuities
1,224

 
1,304

 
3,742

 
3,825

 
177,497

 
183,666

Individual Life
1,454

 
1,411

 
4,330

 
3,510

 
86,313

 
83,985

Total U.S. Individual Solutions division(1)
2,678

 
2,715

 
8,072

 
7,335

 
263,810

 
267,651

International Insurance
5,490

 
5,376

 
16,818

 
16,268

 
214,197

 
211,647

Total International Insurance division
5,490

 
5,376

 
16,818


16,268


214,197


211,647

Corporate and Other operations
(186
)
 
(179
)
 
(549
)
 
(488
)
 
16,199

 
14,556

Total Corporate and Other
(186
)
 
(179
)
 
(549
)
 
(488
)
 
16,199

 
14,556

Total
14,432

 
13,361

 
40,350


38,396


762,793


769,002

Reconciling items:
 
 
 
 
 
 
 
 
 
 
 
Realized investment gains (losses), net, and related adjustments
271

 
1,395

 
751

 
(48
)
 
 
 
 
Charges related to realized investment gains (losses), net
(60
)
 
(63
)
 
(223
)
 
(154
)
 
 
 
 
Investment gains (losses) on assets supporting experience-rated contractholder liabilities, net
10

 
85

 
(586
)
 
330

 
 
 
 
Divested businesses:
 
 
 
 
 
 
 
 
 
 
 
Closed Block division
1,249

 
1,376

 
3,800

 
4,382

 
59,955

 
63,134

Other divested businesses
276

 
185

 
551

 
594

 
 
 
 
Equity in earnings of operating joint ventures and earnings attributable to noncontrolling interests
(30
)
 
(26
)
 
(83
)
 
(76
)
 
 
 
 
Total per Unaudited Interim Consolidated Financial Statements
$
16,148

 
$
16,313

 
$
44,560

 
$
43,424

 
$
822,748

 
$
832,136

__________
(1)
Prior period divisional subtotals are presented on a basis consistent with the Company’s new organizational structure effective in the fourth quarter of 2017. Individual segment results and consolidated totals remain unchanged. See Note 22 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017.
Schedule of Intersegment Revenues
The PGIM segment revenues include intersegment revenues, primarily consisting of asset-based management and administration fees, as follows: 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2018
 
2017
 
2018
 
2017
 
(in millions)
PGIM segment intersegment revenues
$
183

 
$
181

 
$
552

 
$
534