PRS · As filed with the SEC
Prudential Financial balance sheet, by quarter
The statement as Prudential Financial presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Prudential Financial reported Q3 2026 results in an 8-K on Nov 3 (8-K, Nov 3). These statements come from the 10-Q and 10-K, so they update when the 10-Q is filed (expected ~Nov 4, deadline Nov 9). Usually files the day after earnings.
Unaudited Interim Consolidated Statements of Financial Position · USD millions
| USD millions | Q2 2026 Jun 30, 2026 | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 |
|---|---|---|---|---|
| ASSETS | ||||
| Fixed maturities, available-for-sale, at fair value (allowance for credit losses: 2026-$196; 2025-$183) (amortized cost: 2026-$364,941; 2025-$357,996) | 333,526 | 330,851 | 331,455 | 335,414 |
| Fixed maturities, trading, at fair value (amortized cost: 2026-$17,658; 2025-$15,536) | 16,758 | 15,831 | 14,869 | 14,575 |
| Assets supporting experience-rated contractholder liabilities, at fair value | 5,405 | 4,781 | 4,842 | 4,648 |
| Equity securities, at fair value (cost: 2026-$11,503; 2025-$8,303) | 14,389 | 12,552 | 10,972 | 8,794 |
| Commercial mortgage and other loans (net of $505 and $469 allowance for credit losses; includes $959 and $1,056 of loans measured at fair value under the fair value option at June 30, 2026 and December 31, 2025, respectively) | 65,985 | 65,412 | 64,715 | 64,813 |
| Policy loans | 9,984 | 9,988 | 9,958 | 9,951 |
| Other invested assets (net of $2 and $2 allowance for credit losses; includes $9,114 and $8,286 of assets measured at fair value at June 30, 2026 and December 31, 2025, respectively) | 28,574 | 27,792 | 27,294 | 27,665 |
| Short-term investments (net of allowance for credit losses: 2026-$10; 2025-$0) | 7,216 | 6,917 | 6,414 | 6,248 |
| Total investments | 481,837 | 474,124 | 470,519 | 472,108 |
| Cash and cash equivalents | 15,162 | 15,936 | 19,712 | 17,469 |
| Accrued investment income | 3,758 | 3,633 | 3,636 | 3,581 |
| Deferred policy acquisition cost | 21,880 | 21,730 | 21,530 | 21,468 |
| Value of business acquired | 366 | 382 | 397 | 430 |
| Market risk benefit assets | 2,430 | 2,166 | 2,330 | 2,252 |
| Reinsurance recoverables and deposit receivables (net of $14 and $14 allowance for credit losses; includes $709 and $573 of embedded derivatives at fair value at June 30, 2026 and December 31, 2025, respectively) | 44,218 | 43,213 | 44,077 | 44,947 |
| Income Tax Assets | 37 | 0 | 279 | 240 |
| Other assets (net of $4 and $1 allowance for credit losses; includes $0 and $0 of assets at fair value at June 30, 2026 and December 31, 2025, respectively) | 14,916 | 15,176 | 15,009 | 15,267 |
| Separate account assets | 198,950 | 189,036 | 196,251 | 198,540 |
| TOTAL ASSETS | 783,554 | 765,396 | 773,740 | 776,302 |
| LIABILITIES, MEZZANINE EQUITY AND EQUITY | ||||
| LIABILITIES | ||||
| Future policy benefits | — | — | 266,914 | — |
| Future policy benefits | 260,944 | 262,470 | — | 272,553 |
| Policyholders’ account balances | 202,223 | 192,131 | 191,307 | 188,657 |
| Market risk benefit liabilities | 4,731 | 5,000 | 4,623 | 4,771 |
| Policyholders’ dividends | 1,002 | 809 | 1,272 | 1,412 |
| Securities sold under agreements to repurchase | 10,069 | 10,975 | 9,598 | 9,937 |
| Cash collateral for loaned securities | 9,236 | 8,905 | 8,700 | 8,597 |
| Reinsurance and funds withheld payables (includes $166 and $174 of embedded derivatives at fair value at June 30, 2026 and December 31, 2025, respectively) | 19,864 | 19,270 | 18,844 | 17,874 |
| Income tax liabilities | — | 255 | — | — |
| Short-term debt | 955 | 946 | 1,443 | 1,386 |
| Long-term debt | 19,663 | 18,882 | 18,856 | 18,797 |
| Other liabilities (includes $16 and $16 allowance for credit losses and $5,759 and $6,215 of derivatives at fair value at June 30, 2026 and December 31, 2025, respectively) | 17,313 | 18,507 | 17,692 | 17,095 |
| Notes issued by consolidated variable interest entities (includes $1,807 and $767 measured at fair value under the fair value option at June 30, 2026 and December 31, 2025, respectively) | 4,017 | 3,283 | 2,659 | 1,868 |
| Separate account liabilities | 198,950 | 189,036 | 196,251 | 198,540 |
| Total liabilities | 748,967 | 730,469 | 738,159 | 741,487 |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | 2,652 | 2,608 | 2,794 | 2,358 |
| Total mezzanine equity | 2,652 | 2,608 | 2,794 | 2,358 |
| EQUITY | ||||
| Preferred Stock ($0.01 par value; $10,000,000 shares authorized; none issued) | 0 | 0 | 0 | 0 |
| Common Stock ($0.01 par value; 1,500,000,000 shares authorized; 666,305,189 shares issued as of both June 30, 2026 and December 31, 2025) | 6 | 6 | 6 | 6 |
| Additional paid-in capital | 25,892 | 25,948 | 26,013 | 25,968 |
| Common Stock held in treasury, at cost (321,092,506 and 318,361,498 shares at June 30, 2026 and December 31, 2025, respectively) | (25,685) | (25,461) | (25,335) | (25,111) |
| Accumulated other comprehensive income (loss) | (4,060) | (3,450) | (3,077) | (3,175) |
| Retained Earnings | 35,424 | 34,932 | 34,831 | 34,406 |
| Total Prudential Financial, Inc. equity | 31,577 | 31,975 | 32,438 | 32,094 |
| Noncontrolling interests | 358 | 344 | 349 | 363 |
| Total equity | 31,935 | 32,319 | 32,787 | 32,457 |
| TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY | 783,554 | 765,396 | 773,740 | 776,302 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.