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Unaudited Interim Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUES        
Premiums $ 13,193 $ 7,482 $ 27,515 $ 22,839
Policy charges and fee income 1,570 1,464 4,460 4,476
Net investment income 4,717 4,446 13,651 12,834
Asset management and service fees 1,229 1,120 3,603 3,144
Other income (loss) 500 992 2,135 (125)
Realized investment gains (losses), net 432 (79) 3,146 (2,164)
Total revenues 21,641 15,425 54,510 41,004
BENEFITS AND EXPENSES        
Policyholders' benefits 14,401 8,312 30,126 25,768
Interest credited to policyholders' account balances 917 1,151 2,759 3,375
Dividends to policyholders 602 554 2,039 1,008
Amortization of deferred policy acquisition costs 529 638 1,662 1,882
General and administrative expenses 3,386 3,323 9,931 10,194
Total benefits and expenses 19,835 13,978 46,517 42,227
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF OPERATING JOINT VENTURES 1,806 1,447 7,993 (1,223)
Total income tax expense (benefit) 259 (50) 1,504 7
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 1,547 1,497 6,489 (1,230)
Equity in earnings of operating joint ventures, net of taxes 18 10 63 62
NET INCOME (LOSS) 1,565 1,507 6,552 (1,168)
Less: Income (loss) attributable to noncontrolling interests 35 20 36 25
NET INCOME (LOSS) ATTRIBUTABLE TO PRUDENTIAL FINANCIAL, INC. $ 1,530 $ 1,487 $ 6,516 $ (1,193)
Basic earnings per share-Common Stock:        
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share) $ 3.92 $ 3.72 $ 16.44 $ (3.06)
Diluted earnings per share-Common Stock:        
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share) $ 3.90 $ 3.70 $ 16.32 $ (3.06)