Prudential Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	3,449	2,285	1,701	-1,007	-2,042	2,118
Depreciation & Amortization	552	523	524	494	472	186
Other Amortization	-	-	-	-	348	-
Change in Insurance Reserves / Liabilities	7,925	7,925	12,787	-20,440	9,095	27,670
Change in Other Net Operating Assets	-10,404	-7,719	-14,474	22,017	-11,879	-28,008
Other Operating Activities	661	595	294	14	4,284	807
Operating Cash Flow	2,203	3,609	832	1,078	-145	1,966
Operating Cash Flow Growth	26.76%	333.77%	-22.82%	-	-	-
Capital Expenditures	-121	-101	-44	-34	-36	-57
Sale of Property, Plant & Equipment	-	-	2	-	-	6
Cash Acquisitions	-561	-557	-415	-298	-773	-1,142
Investment in Securities	-174	-174	-176	-	-	-
Other Investing Activities	-	-	-	-	-	-2
Investing Cash Flow	-856	-832	-360	-39	-726	-1,195
Long-Term Debt Issued	-	-	-	346	995	983
Total Debt Repaid	-99	-93	-486	-2,176	-1,368	-128
Net Debt Issued (Repaid)	363	-93	-486	-1,830	-373	855
Issuance of Common Stock	-	-	4	2	2,382	13
Repurchases of Common Stock	-1,515	-860	-	-	-	-
Common Dividends Paid	-588	-552	-533	-474	-421	-814
Other Financing Activities	-191	-190	-195	-218	2,006	158
Financing Cash Flow	-1,931	-1,695	-1,210	-2,520	3,594	212
Foreign Exchange Rate Adjustments	242	-61	-25	-175	-44	70
Miscellaneous Cash Flow Adjustments	-	-	-	-	-3,527	-
Net Cash Flow	-342	1,021	-763	-1,656	-848	1,053
Free Cash Flow	2,082	3,508	788	1,044	-181	1,909
Free Cash Flow Growth	23.56%	345.18%	-24.52%	-	-	-
Free Cash Flow Margin	15.60%	28.62%	7.14%	13.18%	-0.68%	5.27%
Free Cash Flow Per Share	0.78	1.29	0.29	0.38	-0.07	0.73
Cash Interest Paid	240	239	263	220	325	319
Cash Income Tax Paid	549	549	406	449	453	551
Levered Free Cash Flow	2,404	3,719	-1,695	7,457	31,293	-17,298
Unlevered Free Cash Flow	2,736	4,049	-1,406	7,747	31,499	-17,100
Change in Working Capital	-2,479	206	-1,687	1,577	-2,784	-338

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.