PRS · As filed with the SEC

Prudential Financial cash flow statement, 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-K is filed (expected ~Feb 16, deadline Mar 1).

Unaudited Interim Consolidated Statements of Cash Flows · USD millions

USD millions	Q2 2026^† 3 months ended Jun 30, 2026	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025
NET INCOME (LOSS)	1,036^†	606	941^†
CASH FLOWS FROM OPERATING ACTIVITIES
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Realized investment (gains) losses, net	1,566^†	364	677^†
Change in value of market risk benefits, net of related hedging (gains) losses	71^†	295	22^†
Policy charges and fee income	(565)^†	(620)	(515)^†
Interest credited to policyholders’ account balances	1,974^†	1,109	1,523^†
Depreciation and amortization	(110)^†	143	(49)^†
(Gains) losses on assets supporting experience-rated contractholder liabilities, net	(650)^†	119	(322)^†
Change in:
Deferred Policy Acquisition Costs	(204)^†	(213)	(261)^†
Future policy benefits and other insurance liabilities	(826)^†	525	854^†
Reinsurance related-balances	(558)^†	(609)	(565)^†
Income taxes	(176)^†	490	(258)^†
Derivatives, net	2,304^†	240	1,035^†
Other, net	(1,516)^†	(1,441)	237^†
Cash flows from (used in) operating activities	2,346^†	1,008	3,319^†
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale	15,898^†	15,183	14,506^†
Fixed maturities, trading	1,672^†	876	1,261^†
Assets supporting experience-rated contractholder liabilities	335^†	336	263^†
Equity securities	1,893^†	1,778	2,237^†
Commercial mortgage and other loans	1,616^†	1,709	2,361^†
Policy loans	445^†	456	459^†
Other invested assets	465^†	995	692^†
Short-term investments	11,186^†	9,596	9,652^†
Payments for the purchase/origination of:
Fixed maturities, available-for-sale	(19,420)^†	(21,147)	(16,762)^†
Fixed maturities, trading	(2,686)^†	(1,929)	(1,661)^†
Assets supporting experience-rated contractholder liabilities	(428)^†	(470)	(440)^†
Equity securities	(2,804)^†	(3,703)	(4,307)^†
Commercial mortgage and other loans	(2,923)^†	(2,051)	(2,630)^†
Policy loans	(377)^†	(396)	(445)^†
Other invested assets	(552)^†	(1,100)	—
Short-term investments	(11,247)^†	(10,113)	(9,841)^†
Derivatives, net	(176)^†	(274)	(152)^†
Other, net(1)	(168)^†	78	138^†
Cash flows from (used in) investing activities	(7,271)^†	(10,176)	(5,357)^†
CASH FLOWS FROM FINANCING ACTIVITIES
Policyholders’ account deposits	9,344^†	9,869	9,542^†
Policyholders’ account withdrawals	(5,393)^†	(5,712)	(5,372)^†
Net change in securities sold under agreements to repurchase and cash collateral for loaned securities	(576)^†	1,583	(236)^†
Cash dividends paid on Common Stock	(490)^†	(502)	(475)^†
Net change in financing arrangements (maturities 90 days or less)	19^†	1	(102)^†
Common Stock acquired	(250)^†	(246)	(254)^†
Common Stock reissued for exercise of stock options	27^†	29	25^†
Proceeds from the issuance of debt (maturities longer than 90 days)	822^†	105	124^†
Repayments of debt (maturities longer than 90 days)	(52)^†	(560)	0^†
Proceeds from notes issued by consolidated VIEs	1,466^†	627	1,068^†
Repayments of notes issued by consolidated VIEs	—	—	(252)^†
Other, net	13^†	246	330^†
Cash flows from (used in) financing activities	4,197^†	5,440	4,398^†
Effect of foreign exchange rate changes on cash balances	(48)^†	(28)	(135)^†
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS	(776)^†	(3,756)	2,225^†
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF YEAR	—	19,749	—
Prismic Re International	15,217	15,993	—
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS, END OF PERIOD	—	—	19,749
Prismic Re International	15,217	15,993	—
NON-CASH TRANSACTIONS DURING THE PERIOD
Treasury Stock shares issued for stock-based compensation programs	3^†	192	5^†
Empower	0^†	1,659	—
Significant pension risk transfer transactions:	—	—	108^†
Significant pension risk transfer transactions:	—	—	489^†
Somerset Re	—	—	0^†
Prismic Re International	0^†	0	0^†
Prismic Re International	0^†	0	0^†
Somerset Re	—	—	0^†
Prismic Re International	0^†	0	0^†
Significant pension risk transfer transactions:	—	—	381^†
Somerset Re	—	—	0^†
Prismic Re International	0^†	0	0^†

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.