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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The table below reconciles “Adjusted operating income before income taxes” to “Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities”:
 
 Three Months Ended
June 30,		Six Months Ended
June 30,
 2024202320242023
(in millions)
Adjusted operating income before income taxes by segment:
PGIM$206 $179 $375 $330 
U.S. Businesses:
Institutional Retirement Strategies550 428 991 824 
Individual Retirement Strategies486 448 960 889 
Retirement Strategies(1)1,036 876 1,951 1,713 
Group Insurance121 139 166 164 
Individual Life(1)(87)(59)(208)(161)
Total U.S. Businesses1,070 956 1,909 1,716 
International Businesses:
Life Planner
400 487 945 1,009 
Gibraltar Life and Other
302 297 653 615 
Total International Businesses
702 784 1,598 1,624 
Corporate and Other(2)
(371)(472)(806)(943)
Total segment adjusted operating income before income taxes1,607 1,447 3,076 2,727 
Reconciling items:
Realized investment gains (losses), net, and related charges and adjustments(2)
128 (757)31 (388)
Change in value of market risk benefits, net of related hedging gains (losses)(297)16 (174)91 
Market experience updates47 (3)15 45 
Divested and Run-off Businesses:
Closed Block division(60)(48)(63)(52)
Other Divested and Run-off Businesses(2)
38 (1)3 91 
Equity in earnings of joint ventures and other operating entities and earnings attributable to noncontrolling interests
(43)(26)(70)(31)
Other adjustments(3)
(5)(7)(13)(15)
Income (loss) before income taxes and equity in earnings of joint ventures and other operating entities per Unaudited Interim Consolidated Financial Statements
$1,415 $621 $2,805 $2,468 
__________
(1)The Retirement Strategies and Individual Life segments’ results reflect DAC as if the business is a stand-alone operation. The elimination of intersegment costs capitalized in accordance with this policy is included in consolidating adjustments within Corporate and Other operations.
(2)Prior period amounts have been updated to conform to current period presentation.
(3)Includes components of consideration for business acquisitions, which are recognized as compensation expense over the requisite service period.
Reconciliation of Certain Financial Information from Segments to Consolidated
The tables below present certain financial information for the Company’s segments and its Corporate and Other operations, including assets by segment and revenues by segment on an adjusted operating income basis, and the reconciliation of the segment totals to amounts reported in the Unaudited Interim Consolidated Financial Statements. 

June 30,
2024		December 31,
2023
(in millions)
Assets by segment:
PGIM$38,270 $42,064 
U.S. Businesses:
Institutional Retirement Strategies119,582 111,308 
Individual Retirement Strategies145,609 139,934 
Retirement Strategies265,191 251,242 
Group Insurance38,294 39,214 
Individual Life115,137 116,449 
Total U.S. Businesses418,622 406,905 
International Businesses:
Life Planner
75,399 81,164 
Gibraltar Life and Other
100,816 110,060 
Total International Businesses
176,215 191,224 
Corporate and Other32,265 29,842 
Closed Block division49,824 51,088 
Total assets per Unaudited Interim Consolidated Financial Statements$715,196 $721,123 
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(in millions)
Revenues by segment:
PGIM$963 $849 $1,953 $1,747 
U.S. Businesses:
Institutional Retirement Strategies4,041 2,737 15,579 7,626 
Individual Retirement Strategies1,246 1,119 2,460 2,214 
Retirement Strategies5,287 3,856 18,039 9,840 
Group Insurance1,586 1,598 3,220 3,162 
Individual Life1,529 1,564 3,109 3,091 
Total U.S. Businesses8,402 7,018 24,368 16,093 
International Businesses:
Life Planner2,367 2,381 4,917 5,005 
Gibraltar Life and Other2,145 2,342 4,308 4,733 
Total International Businesses:
4,512 4,723 9,225 9,738 
Corporate and Other(1)
(36)(7)(6)(13)
Total revenues on an adjusted operating income basis13,841 12,583 35,540 27,565 
Reconciling items:
Realized investment gains (losses), net, and related charges and adjustments(1)
234 (495)542 17 
Change in value of market risk benefits, net of related hedging gains (losses)(297)16 (174)91 
Market experience updates0 (5)(58)19 
Divested and Run-off Businesses:
Closed Block division811 955 1,773 1,926 
Other Divested and Run-off Businesses(1)
311 454 825 954 
Equity in earnings of joint ventures and other operating entities and earnings attributable to noncontrolling interests
(17)(10)(56)(29)
Total revenues per Unaudited Interim Consolidated Financial Statements$14,883 $13,498 $38,392 $30,543 
__________
(1)Prior period amounts have been updated to conform to current period presentation.
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
June 30,		Six Months Ended
June 30,
 2024202320242023
 (in millions)
PGIM segment intersegment revenues$204 $198 $411 $403 
Schedule of Asset Management and Service Fees
The table below presents asset management and service fees, predominantly related to investment management activities, for the periods indicated:

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
 (in millions)
Asset-based management fees$853 $789 $1,685 $1,577 
Performance-based incentive fees19 4 61 7 
Other fees129 125 254 251 
Total asset management and service fees$1,001 $918 $2,000 $1,835