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Fair Value of Assets and Liabilities (Financial Instruments where Carrying Amounts and Fair Values May Differ) (Details) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Assets:      
Commercial mortgage and other loans [1] $ 62,573 $ 59,305  
Policy loans 9,947 10,047  
Other invested assets [1] 25,367 22,855  
Cash and cash equivalents 20,198 [1] 19,419 [1] $ 16,892
Accrued investment income [1] 3,566 3,287  
Reinsurance recoverables and deposit receivables [2] 29,633 27,311  
Other assets, assets at fair value 0 11  
Liabilities:      
Securities sold under agreements to repurchase 7,455 6,056  
Cash collateral for loaned securities 8,471 6,477  
Reinsurance and funds withheld payables [2] 17,443 15,729  
Short-term debt 950 618  
Long-term debt 19,076 18,882  
Other Liabilities, derivatives at fair value 3,764 4,175  
Fair Value      
Assets:      
Commercial mortgage and other loans 59,372 55,652  
Policy loans 9,947 10,047  
Other invested assets 95 97  
Short-term investments 572 1,105  
Cash and cash equivalents 10,519 9,117  
Accrued investment income 3,566 3,287  
Reinsurance recoverables and deposit receivables 5,664 5,176  
Other assets, assets at fair value 2,840 3,102  
Total assets 92,575 87,583  
Liabilities:      
Policyholders’ account balances—investment contracts 74,733 68,883  
Securities sold under agreements to repurchase 7,455 6,056  
Cash collateral for loaned securities 8,471 6,477  
Reinsurance and funds withheld payables 10,281 9,530  
Short-term debt 959 618  
Long-term debt 18,946 18,268  
Notes issued by consolidated VIEs 1,016 596  
Other Liabilities, derivatives at fair value 6,924 6,982  
Separate account liabilities—investment contracts 41,382 45,365  
Total liabilities 170,167 162,775  
Carrying Amount      
Assets:      
Commercial mortgage and other loans 61,475 58,786  
Policy loans 9,947 10,047  
Other invested assets 95 97  
Short-term investments 572 1,105  
Cash and cash equivalents 10,519 9,117  
Accrued investment income 3,566 3,287  
Reinsurance recoverables and deposit receivables 5,664 5,176  
Other assets, assets at fair value 2,840 3,102  
Total assets 94,678 90,717  
Liabilities:      
Policyholders’ account balances—investment contracts 79,503 72,604  
Securities sold under agreements to repurchase 7,455 6,056  
Cash collateral for loaned securities 8,471 6,477  
Reinsurance and funds withheld payables 10,281 9,530  
Short-term debt 950 618  
Long-term debt 19,076 18,882  
Notes issued by consolidated VIEs 1,016 596  
Other Liabilities, derivatives at fair value 6,924 6,982  
Separate account liabilities—investment contracts 41,382 45,365  
Total liabilities 175,058 167,110  
Level 1 | Fair Value      
Assets:      
Commercial mortgage and other loans 0 0  
Policy loans 8 8  
Other invested assets 0 0  
Short-term investments 540 1,092  
Cash and cash equivalents 9,815 8,709  
Accrued investment income 0 0  
Reinsurance recoverables and deposit receivables 0 0  
Other assets, assets at fair value 30 43  
Total assets 10,393 9,852  
Liabilities:      
Policyholders’ account balances—investment contracts 0 0  
Securities sold under agreements to repurchase 0 0  
Cash collateral for loaned securities 0 0  
Reinsurance and funds withheld payables 0 0  
Short-term debt 0 0  
Long-term debt 565 564  
Notes issued by consolidated VIEs 0 0  
Other Liabilities, derivatives at fair value 0 0  
Separate account liabilities—investment contracts 0 0  
Total liabilities 565 564  
Level 2 | Fair Value      
Assets:      
Commercial mortgage and other loans 37 41  
Policy loans 0 0  
Other invested assets 95 97  
Short-term investments 32 13  
Cash and cash equivalents 704 408  
Accrued investment income 3,566 3,287  
Reinsurance recoverables and deposit receivables 8 5  
Other assets, assets at fair value 2,809 3,059  
Total assets 7,251 6,910  
Liabilities:      
Policyholders’ account balances—investment contracts 31,100 31,089  
Securities sold under agreements to repurchase 7,455 6,056  
Cash collateral for loaned securities 8,471 6,477  
Reinsurance and funds withheld payables 10,312 9,553  
Short-term debt 519 535  
Long-term debt 17,975 16,938  
Notes issued by consolidated VIEs 0 0  
Other Liabilities, derivatives at fair value 6,892 6,950  
Separate account liabilities—investment contracts 22,672 24,050  
Total liabilities 105,396 101,648  
Level 3 | Fair Value      
Assets:      
Commercial mortgage and other loans 59,335 55,611  
Policy loans 9,939 10,039  
Other invested assets 0 0  
Short-term investments 0 0  
Cash and cash equivalents 0 0  
Accrued investment income 0 0  
Reinsurance recoverables and deposit receivables 5,656 5,171  
Other assets, assets at fair value 1 0  
Total assets 74,931 70,821  
Liabilities:      
Policyholders’ account balances—investment contracts 43,633 37,794  
Securities sold under agreements to repurchase 0 0  
Cash collateral for loaned securities 0 0  
Reinsurance and funds withheld payables (31) (23)  
Short-term debt 440 83  
Long-term debt 406 766  
Notes issued by consolidated VIEs 1,016 596  
Other Liabilities, derivatives at fair value 32 32  
Separate account liabilities—investment contracts 18,710 21,315  
Total liabilities 64,206 60,563  
Prudential Netting Agreement | Fair Value      
Liabilities:      
Short-term debt 1,750 2,000  
Long-term debt 12,387 10,370  
Prudential Netting Agreement | Carrying Amount      
Liabilities:      
Short-term debt 1,750 2,000  
Long-term debt 12,376 10,370  
Prismic Life Reinsurance, Ltd | Fair Value      
Liabilities:      
Reinsurance and funds withheld payables 7,902 8,036  
Prismic Life Reinsurance, Ltd | Carrying Amount      
Liabilities:      
Reinsurance and funds withheld payables $ 7,902 $ 8,036  
[1] See Note 4 for details of balances associated with variable interest entities.
[2] See Note 20 for additional information regarding related party transactions.