v3.8.0.1
Schedule V - Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2017
Valuation and Qualifying Accounts [Abstract]  
Schedule V - Valuation and Qualifying Accounts
PRUDENTIAL FINANCIAL, INC.
Schedule V
Valuation and Qualifying Accounts
For the Years Ended December 31, 2017, 2016 and 2015
(in millions)
 
 
 
Additions
 
 
 
 
 
 
Description
Balance at
Beginning
of Period
 
Charged to
Costs and
Expenses
 
Other
 
Deductions
 
Effect of
Foreign
Exchange Rates
 
Balance
at End
of Period
2017
 
 
 
 
 
 
 
 
 
 
 
Allowance for losses on commercial mortgage and other loans
$
106

 
$
0

 
$
0

 
$
0

(1)
$
0

 
$
106

Valuation allowance on deferred tax asset
163

 
66

 
29

 
45

 
1

 
214

 
$
269

 
$
66

 
$
29

 
$
45

 
$
1

 
$
320

2016
 
 
 
 
 
 
 
 
 
 
 
Allowance for losses on commercial mortgage and other loans
$
112

 
$
0

 
$
0

 
$
7

(1)
$
1

 
$
106

Valuation allowance on deferred tax asset
133

 
68

 
(1
)
 
36

 
(1
)
 
163

 
$
245

 
$
68

 
$
(1
)
 
$
43

 
$
0

 
$
269

2015
 
 
 
 
 
 
 
 
 
 
 
Allowance for losses on commercial mortgage and other loans
$
119

 
$
0

 
$
0

 
$
7

(1)
$
0

 
$
112

Valuation allowance on deferred tax asset
277

 
38

 
(3
)
 
178

 
(1
)
 
133

 
$
396

 
$
38

 
$
(3
)
 
$
185

 
$
(1
)
 
$
245

 __________
(1)
Represents net release of allowance for losses and charge-offs, net of recoveries.