Prudential Financial, Inc. (FRA:PLL)

Prudential Financial Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2,614	2,727	2,488	-1,647	8,868	-374
Depreciation & Amortization	230	383	-70	117	206	457
Gain (Loss) on Sale of Investments	3,973	2,834	3,112	5,635	-1,816	3,144
Change in Income Taxes	-524	-146	-442	-1,594	259	-424
Change in Insurance Reserves / Liabilities	2,916	4,803	5,489	6,132	8,741	10,817
Change in Other Net Operating Assets	-6,352	-3,958	-5,136	-4,010	-4,233	-6,824
Other Operating Activities	3,700	2,970	1,761	344	-2,230	2,114
Operating Cash Flow	5,274	8,502	6,510	5,158	9,812	8,368
Operating Cash Flow Growth	-27.58%	30.60%	26.21%	-47.43%	17.26%	-57.36%
Investment in Securities	-24,606	-24,542	-8,005	-6,654	-2,654	-16,924
Other Investing Activities	-1,074	-746	-2,005	-1,979	-3,556	-652
Investing Cash Flow	-27,836	-28,585	-12,122	-7,638	-5,342	-16,210
Short-Term Debt Issued	-	3,884	10	-	339	499
Long-Term Debt Issued	-	2,859	2,076	2,843	268	3,013
Total Debt Issued	5,459	6,743	2,086	2,843	607	3,512
Total Debt Repaid	-2,006	-2,014	-2,474	-2,939	-1,708	-2,783
Net Debt Issued (Repaid)	3,453	4,729	-388	-96	-1,101	729
Issuance of Common Stock	143	201	126	163	200	153
Repurchases of Common Stock	-1,000	-1,000	-1,012	-1,488	-2,500	-500
Common Dividends Paid	-1,918	-1,891	-1,846	-1,817	-1,814	-1,766
Other Financing Activities	611	830	645	2,226	-364	-456
Financing Cash Flow	19,795	19,394	7,739	4,933	-3,011	4,883
Foreign Exchange Rate Adjustments	63	-254	37	-159	-309	340
Miscellaneous Cash Flow Adjustments	-	-	-	-2,071	2,071	-
Net Cash Flow	-2,704	-943	2,164	223	3,221	-2,619
Cash Interest Paid	1,995	1,995	1,555	1,452	1,452	1,531
Cash Income Tax Paid	756	756	895	1,090	1,668	287
Levered Free Cash Flow	-9,647	-862.75	2,748	-3,049	-13,374	-1,646
Unlevered Free Cash Flow	-9,647	-862.75	2,748	-3,049	-13,374	-1,646
Change in Working Capital	-5,243	-412	-958	-194	3,724	3,027

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