Prudential Financial, Inc. (PRU)

Prudential Financial Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	3,596	3,732	2,846	2,508	-1,675	8,938
Depreciation & Amortization	432	128	383	-70	117	206
Other Adjustments	6,356	7,376	6,582	4,284	4,377	-7,289
Changes in Reinsurance Contract Assets	-2,271	-2,263	-2,731	-683	-868	-
Changes in Deferred Acquisition Costs	-1,053	-1,215	-1,111	-869	-722	-1,043
Changes in Claims Reserves	4,223	3,493	4,803	5,489	6,132	8,741
Changes in Income Taxes Payable	-136	-493	-146	-442	-1,594	259
Changes in Other Operating Activities	-	-4,487	-2,124	-3,707	-609	-
Operating Cash Flow	9,785	6,271	8,502	6,510	5,158	9,812
Operating Cash Flow Growth	1162.58%	-26.24%	30.60%	26.21%	-47.43%	17.26%
Purchases of Investments	-141,151	-129,594	-140,250	-102,164	-123,450	-143,280
Proceeds from Sale of Investments	111,559	104,084	112,411	92,047	117,369	138,831
Proceeds from Business Divestments	-	-	-	-	422	132
Other Investing Activities	-1,011	-382	-746	-2,005	-1,979	-1,025
Investing Cash Flow	-30,603	-25,892	-28,585	-12,122	-7,638	-5,342
Long-Term Debt Issued	2,643	2,759	2,859	2,076	2,843	268
Long-Term Debt Repaid	-2,354	-1,985	-1,431	-2,318	-1,184	-2,072
Net Long-Term Debt Issued (Repaid)	289	774	1,428	-242	1,659	-1,804
Issuance of Common Stock	110	109	201	126	163	200
Repurchase of Common Stock	-980	-1,000	-1,000	-1,012	-3,488	-2,500
Net Common Stock Issued (Repurchased)	-870	-891	-799	-886	-3,325	-2,300
Common Dividends Paid	-1,937	-1,926	-1,891	-1,846	-1,817	-1,814
Other Financing Activities	23,252	22,816	20,656	10,713	6,416	2,543
Financing Cash Flow	20,714	20,773	19,394	7,739	4,933	-3,011
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-7	77	-254	37	-159	-309
Net Cash Flow	-111	1,229	-943	2,164	4,588	2,300
Free Cash Flow	9,785	6,271	8,502	6,510	5,158	9,812
Free Cash Flow Growth	56.04%	-26.24%	30.60%	26.21%	-47.43%	17.26%
FCF Margin	15.57%	10.32%	12.08%	12.06%	9.07%	13.77%
Free Cash Flow Per Share	27.79	17.73	23.66	17.86	13.85	25.15
Levered Free Cash Flow	763	-3,980	-1,574	-3,525	-3,664	6,486
Unlevered Free Cash Flow	7,323	-4,727	-3,027	-3,312	-5,289	8,262

Updated May 6, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q