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.

Unaudited Interim Consolidated Statements of Cash Flows · USD millions

USD millions	Q3 2026^† 3 months ended Sep 30, 2026	Q2 2026^† 3 months ended Jun 30, 2026	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025	Q3 2025^† 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024
NET INCOME (LOSS)	1,405^†	1,036^†	606	941^†	1,483^†	566^†	742	73^†
CASH FLOWS FROM OPERATING ACTIVITIES
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Realized investment (gains) losses, net	(20)^†	1,566^†	364	677^†	1,026^†	1,699^†	730	1,111^†
Change in value of market risk benefits, net of related hedging (gains) losses	32^†	71^†	295	22^†	(324)^†	426^†	351	77^†
Policy charges and fee income	(521)^†	(565)^†	(620)	(515)^†	(504)^†	(502)^†	(507)	(446)^†
Interest credited to policyholders’ account balances	1,446^†	1,974^†	1,109	1,523^†	1,582^†	1,138^†	825	1,334^†
Depreciation and amortization	—	(110)^†	143	(49)^†	(144)^†	—	—	53^†
Depreciation and amortization	—	—	—	—	—	—	(161)	—
(Gains) losses on assets supporting experience-rated contractholder liabilities, net	1^†	(650)^†	119	(322)^†	(364)^†	(218)^†	256	(267)^†
Change in:
Deferred Policy Acquisition Costs	(197)^†	(204)^†	(213)	(261)^†	(297)^†	(282)^†	(375)	(329)^†
Future policy benefits and other insurance liabilities	(270)^†	(826)^†	525	854^†	2,550^†	294^†	(205)	277^†
Reinsurance related-balances	(489)^†	(558)^†	(609)	(565)^†	(445)^†	(652)^†	(601)	(1,388)^†
Income taxes	219^†	(176)^†	490	(258)^†	400^†	(768)^†	133	(289)^†
Derivatives, net	1,851^†	2,304^†	240	1,035^†	932^†	(254)^†	(1,336)	612^†
Other, net	680^†	(1,516)^†	(1,441)	237^†	(1,599)^†	(767)^†	(2,358)	1,504^†
Cash flows from (used in) operating activities	3,933^†	2,346^†	1,008	3,319^†	4,296^†	1,162^†	(2,506)	2,322^†
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from the sale/maturity/prepayment of:
Fixed maturities, available-for-sale	12,485^†	15,898^†	15,183	14,506^†	10,413^†	9,340^†	10,959	19,220^†
Fixed maturities, held-to-maturity	—	—	—	—	—	—	—	0^†
Fixed maturities, trading	1,069^†	1,672^†	876	1,261^†	1,445^†	322^†	1,123	894^†
Assets supporting experience-rated contractholder liabilities	283^†	335^†	336	263^†	360^†	247^†	486	302^†
Equity securities	4,466^†	1,893^†	1,778	2,237^†	883^†	2,277^†	2,344	1,263^†
Commercial mortgage and other loans	2,758^†	1,616^†	1,709	2,361^†	1,739^†	1,715^†	1,947	1,879^†
Policy loans	478^†	445^†	456	459^†	431^†	495^†	461	480^†
Other invested assets	734^†	465^†	995	692^†	573^†	643^†	876	553^†
Short-term investments	9,724^†	11,186^†	9,596	9,652^†	9,942^†	8,374^†	5,258	10,221^†
Payments for the purchase/origination of:
Fixed maturities, available-for-sale	(15,199)^†	(19,420)^†	(21,147)	(16,762)^†	(15,912)^†	(17,943)^†	(16,975)	(19,082)^†
Fixed maturities, trading	(1,896)^†	(2,686)^†	(1,929)	(1,661)^†	(1,985)^†	(1,056)^†	(1,637)	(2,128)^†
Assets supporting experience-rated contractholder liabilities	(379)^†	(428)^†	(470)	(440)^†	(431)^†	(409)^†	(615)	(427)^†
Equity securities	(4,748)^†	(2,804)^†	(3,703)	(4,307)^†	(1,696)^†	(608)^†	(1,862)	(4,049)^†
Commercial mortgage and other loans	(3,940)^†	(2,923)^†	(2,051)	(2,630)^†	(3,133)^†	(1,637)^†	(2,172)	(2,774)^†
Policy loans	(423)^†	(377)^†	(396)	(445)^†	(376)^†	(419)^†	(370)	(422)^†
Other invested assets	(620)^†	(552)^†	(1,100)	—	(800)^†	(752)^†	(834)	—
Short-term investments	(7,967)^†	(11,247)^†	(10,113)	(9,841)^†	(10,288)^†	(6,023)^†	(4,887)	(11,292)^†
Derivatives, net	(485)^†	(176)^†	(274)	(152)^†	(136)^†	(212)^†	325	(599)^†
Other, net(1)	4^†	(168)^†	78	138^†	(271)^†	(182)^†	108	(107)^†
Cash flows from (used in) investing activities	(3,656)^†	(7,271)^†	(10,176)	(5,357)^†	(9,242)^†	(5,828)^†	(5,465)	(7,301)^†
CASH FLOWS FROM FINANCING ACTIVITIES
Policyholders’ account deposits	10,590^†	9,344^†	9,869	9,542^†	10,407^†	10,947^†	8,993	8,256^†
Policyholders’ account withdrawals	(6,989)^†	(5,393)^†	(5,712)	(5,372)^†	(5,433)^†	(4,846)^†	(4,600)	(5,218)^†
Net change in securities sold under agreements to repurchase and cash collateral for loaned securities	199^†	(576)^†	1,583	(236)^†	1,162^†	316^†	639	491^†
Cash dividends paid on Common Stock	(487)^†	(490)^†	(502)	(475)^†	(479)^†	(481)^†	(491)	(467)^†
Net change in financing arrangements (maturities 90 days or less)	42^†	19^†	1	(102)^†	395^†	(110)^†	266	(47)^†
Common Stock acquired	(250)^†	(250)^†	(246)	(254)^†	(250)^†	(250)^†	(246)	(254)^†
Common Stock reissued for exercise of stock options	36^†	27^†	29	25^†	27^†	29^†	28	59^†
Proceeds from the issuance of debt (maturities longer than 90 days)	144^†	822^†	105	124^†	161^†	69^†	841	120^†
Repayments of debt (maturities longer than 90 days)	(45)^†	(52)^†	(560)	0^†	(352)^†	(1,003)^†	(191)	(2)^†
Proceeds from notes issued by consolidated VIEs	705^†	1,466^†	627	1,068^†	304^†	185^†	7	613^†
Repayments of notes issued by consolidated VIEs	(56)^†	—	—	(252)^†	(187)^†	0^†	0	(224)^†
Other, net	(702)^†	13^†	246	330^†	(28)^†	293^†	253	93^†
Cash flows from (used in) financing activities	3,187^†	4,197^†	5,440	4,398^†	5,727^†	5,149^†	5,499	3,420^†
Effect of foreign exchange rate changes on cash balances	58^†	(48)^†	(28)	(135)^†	42^†	114^†	56	(149)^†
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS	3,522^†	(776)^†	(3,756)	2,225^†	823^†	597^†	(2,416)	(1,708)^†
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF YEAR	—	—	19,749	17,524	16,701	16,104	18,520	20,228
Prismic Re International	18,739	15,217	15,993	—	17,524	16,701	16,104	—
CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS, END OF PERIOD	—	—	—	19,749	17,524	16,701	—	18,520
Prismic Re International	18,739	15,217	15,993	—	17,524	16,701	16,104	—
NON-CASH TRANSACTIONS DURING THE PERIOD
Treasury Stock shares issued for stock-based compensation programs	4^†	3^†	192	5^†	6^†	4^†	172	3^†
Novation of contracts under reinsurance agreement	—	—	—	—	—	—	—	0^†
Empower	313^†	0^†	1,659	2,157^†	0^†	0^†	—	—
Assets transferred upon surrender of IRA contracts	—	—	—	—	—	—	—	0^†
Significant pension risk transfer transactions:	—	—	—	108^†	0^†	0^†	0	0^†
Significant pension risk transfer transactions:	—	—	—	489^†	0^†	0^†	0	0^†
Somerset Re	—	—	—	—	0^†	0^†	0	0^†
Somerset Re	—	—	—	0^†	0^†	0^†	0	0^†
Prismic Re	—	—	—	—	—	—	—	0^†
Prismic Re International	0^†	0^†	0	0^†	0^†	0^†	6,069	0^†
Prismic Re	—	—	—	—	—	—	—	102^†
Prismic Re	—	—	—	—	—	—	—	0^†
Prismic Re	—	—	—	—	—	—	—	0^†
Prismic Re International	0^†	0^†	0	0^†	0^†	(78)^†	(6,288)	0^†
Prismic Re	—	—	—	—	—	—	—	0^†
Somerset Re	—	—	—	0^†	0^†	0^†	0	0^†
Prismic Re International	0^†	0^†	0	0^†	0^†	0^†	219	0^†
Prismic Re	—	—	—	—	—	—	—	(102)^†
Significant pension risk transfer transactions:	—	—	—	381^†	0^†	0^†	0	0^†
Prismic Re	—	—	—	—	—	—	—	0^†
Somerset Re	—	—	—	0^†	0^†	0^†	0	0^†
Prismic Re International	0^†	0^†	0	0^†	0^†	(78)^†	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.

Data on this page was fetched Nov 6, 2026, 8:45 AM ET. The filing on SEC.gov is the record.