XML 91 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES        
Premiums Earned Net $ 6,644 $ 6,141 $ 18,580 $ 20,147
Insurance Commissions And Fees 1,496 1,257 4,517 3,988
Net investment income 3,841 3,650 11,433 10,999
Asset management and service fees 949 858 2,781 2,558
Other income (625) 1,514 177 (2,313)
Realized investment gains (losses), net:        
Other-than-temporary impairments on fixed maturity securities (2) (359) (113) (847)
Other-than-temporary impairments on fixed maturity securities transferred to Other Comprehensive Income (3) 316 66 701
Other realized investment gains (losses), net 80 (2,067) 939 (3,711)
Total realized investment gains (losses), net 75 (2,110) 892 (3,857)
Total revenues 12,380 11,310 38,380 31,522
BENEFITS AND EXPENSES        
Policyholders' benefits 7,334 6,237 20,186 20,480
Interest credited to policyholders' account balances 882 759 3,075 2,203
Dividends to policyholders 745 582 2,056 1,587
Amortization of deferred policy acquisition costs 346 (452) 1,265 (14)
General and administrative expenses 2,789 2,658 8,289 8,068
Total benefits and expenses 12,096 9,784 34,871 32,324
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF OPERATING JOINT VENTURES 284 1,526 3,509 (802)
IncomeTaxExpense(Benefit)        
Total income tax expense (benefit) on continuing operations before equity in earnings of operating joint ventures (234) 497 643 (605)
INCOME FROM CONTINUING OPERATIONS BEFORE EQUITY IN EARNINGS OF OPERATING JOINT VENTURES 518 1,029 2,866 (197)
Equity in earnings of operating joint ventures, net of taxes 5 3 11 54
INCOME FROM CONTINUING OPERATIONS 523 1,032 2,877 (143)
Income from discontinued operations, net of taxes 0 8 8 11
NET INCOME 523 1,040 2,885 (132)
Less: Income (loss) attributable to noncontrolling interests 11 13 45 75
NET INCOME ATTRIBUTABLE TO PRUDENTIAL FINANCIAL, INC $ 512 $ 1,027 $ 2,840 $ (207)
Class B Stock [Member]
       
Earnings Per Share Basic And Diluted [Abstract]        
Income from continuing operations attributable to Prudential Financial, Inc. per share of Class B Stock $ 25.00 $ 29.50 $ 54.50 $ 36.00
Income from discontinued operations, net of taxes $ 0.00 $ 0.00 $ 0.00 $ 0.00
Net income attributable to Prudential Financial, Inc. per share of Class B Stock $ 25.00 $ 29.50 $ 54.50 $ 36.00
Common Stock, Dividends, Per Share, Declared $ 2.41 $ 2.41 $ 7.22 $ 7.22
Common Stock [Member]
       
Basic:        
Income from continuing operations attributable to Prudential Financial, Inc. per share of Common Stock $ 1.00 $ 2.06 $ 5.87 $ (0.64)
Income from discontinued operations, net of taxes $ 0.00 $ 0.01 $ 0.02 $ 0.03
Net income attributable to Prudential Financial, Inc. per share of Common Stock $ 1.00 $ 2.07 $ 5.89 $ (0.61)
Diluted:        
Income from continuing operations attributable to Prudential Financial, Inc. per share of Common Stock $ 0.99 $ 2.02 $ 5.79 $ (0.64)
Income from discontinued operations, net of taxes $ 0.00 $ 0.02 $ 0.01 $ 0.03
Net income attributable to Prudential Financial, Inc. per share of Common Stock $ 0.99 $ 2.04 $ 5.80 $ (0.61)
Earnings Per Share Basic And Diluted [Abstract]        
Common Stock, Dividends, Per Share, Declared $ 0.53 $ 0.40 $ 1.59 $ 1.20