Prudential Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	331,970	312,396	317,210	309,960	374,981
Investments in Equity & Preferred Securities	33,679	30,575	27,309	23,753	24,373
Policy Loans	9,958	9,795	10,047	10,046	10,386
Other Investments	12,803	14,585	9,370	7,912	9,901
Total Investments	469,163	442,948	434,276	415,415	488,292
Cash & Equivalents	19,712	18,497	19,419	17,251	12,888
Reinsurance Recoverable	44,077	37,680	27,311	18,993	-
Other Receivables	4,634	5,324	4,775	3,581	3,482
Deferred Policy Acquisition Cost	21,530	20,448	20,856	20,546	18,192
Separate Account Assets	196,251	193,372	198,888	197,679	246,145
Property, Plant & Equipment	366	373	286	-	-
Goodwill	1,090	1,053	1,071	876	1,804
Other Intangible Assets	122	139	168	-	-
Restricted Cash	37	23	44	48	-
Other Current Assets	1,667	1,597	1,100	1,457	157,073
Other Long-Term Assets	15,091	14,133	13,018	13,183	9,706
Total Assets	773,740	735,587	721,212	689,029	937,582
Insurance & Annuity Liabilities	438,066	420,510	414,022	394,599	418,953
Unpaid Claims	-	-	-	-	3,195
Reinsurance Payable	18,670	17,084	15,729	5,733	-
Current Portion of Long-Term Debt	569	432	83	328	197
Current Portion of Leases	92	-	-	-	-
Short-Term Debt	19,172	16,938	13,068	13,136	14,961
Current Income Taxes Payable	-	-	-	277	9,513
Long-Term Debt	24,143	23,245	20,256	20,282	18,896
Long-Term Leases	316	408	311	370	432
Separate Account Liability	196,251	193,372	198,888	197,679	246,145
Other Current Liabilities	29,811	21,952	17,400	12,411	153,637
Other Long-Term Liabilities	9,171	9,662	9,519	9,936	6,056
Total Liabilities	738,159	705,461	691,336	657,110	874,974
Common Stock	6	6	6	6	6
Additional Paid-In Capital	26,013	25,901	25,746	25,747	25,732
Retained Earnings	34,831	33,187	32,352	31,714	36,652
Treasury Stock	-25,335	-24,511	-23,780	-23,068	-21,838
Comprehensive Income & Other	-3,077	-6,711	-6,504	-3,806	21,324
Total Common Equity	32,438	27,872	27,820	30,593	61,876
Minority Interest	3,143	2,254	2,056	1,326	732
Shareholders' Equity	35,581	30,126	29,876	31,919	62,608
Total Liabilities & Equity	773,740	735,587	721,212	689,029	937,582
Filing Date Shares Outstanding	348	354	359	366	376
Total Common Shares Outstanding	347.94	354.57	359.22	365.96	376.29
Total Debt	44,292	41,023	33,718	34,116	34,486
Net Cash (Debt)	-24,580	-22,526	-14,299	-16,865	-21,598
Net Cash Per Share	-69.49	-62.69	-39.22	-45.30	-55.37
Book Value Per Share	93.23	78.61	77.45	83.60	164.44
Tangible Book Value	31,226	26,680	26,581	29,717	60,072
Tangible Book Value Per Share	89.74	75.25	74.00	81.20	159.64

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.