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Schedule II - Condensed Financial Information of Registrant (Condensed Statements of Cash Flow) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES                      
Net income (loss) $ 1,326 $ (791) $ 496 $ 1,477 $ (44) $ (108) $ (1,017) $ (506) $ 2,508 $ (1,675) [1] $ 8,938 [1]
Adjustments to reconcile net income to cash provided by operating activities:                      
Equity in earnings of operating joint ventures, net of taxes                 49 (62) 98
Realized investment (gains) losses, net(1)(2) [2]                 3,615 [3] 4,507 [1],[4] (2,115) [1],[4]
Dividends received from subsidiaries                 66 81 116
Change in:                      
Other, net                 (4,390) [3],[5] (1,477) [1],[5] (1,903) [1]
Cash flows from (used in) operating activities                 6,510 5,158 9,812
Proceeds from the sale/maturity of:                      
Fixed maturities, available-for-sale                 44,097 50,823 64,759
Short-term investments                 32,684 40,653 32,696
Payments for the purchase of:                      
Fixed maturities, available-for-sale                 (47,580) (60,070) (65,174)
Short-term investments                 (32,872) (37,894) (32,329)
Payments for (Proceeds from) Other Investing Activities                 (676) (98) (596)
Cash flows from (used in) investing activities                 (12,122) (7,638) (5,342)
CASH FLOWS FROM FINANCING ACTIVITIES                      
Cash dividends paid on Common Stock                 (1,846) (1,817) (1,814)
Common Stock acquired                 (1,012) (1,488) (2,500)
Common Stock reissued for exercise of stock options                 126 163 200
Proceeds from the issuance of debt (maturities longer than 90 days)                 716 2,706 268
Repayments of debt (maturities longer than 90 days)                 (1,982) (1,184) (1,708)
Net change in financing arrangements (maturities 90 days or less)                 10 (214) 297
Other, financing                 645 [3] 2,226 [6] (364)
Cash flows from (used in) financing activities                 7,739 4,933 (3,011)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR       17,251 [7]       12,888 17,251 [7] 12,888  
CASH AND CASH EQUIVALENTS, END OF YEAR 19,419 [7]       17,251 [7]       19,419 [7] 17,251 [7] 12,888
SUPPLEMENTAL CASH FLOW INFORMATION                      
Cash paid (refunds received) during the period for taxes                 895 1,090 1,668
Prudential Financial                      
CASH FLOWS FROM OPERATING ACTIVITIES                      
Net income (loss)                 2,488 (1,647) 8,868
Adjustments to reconcile net income to cash provided by operating activities:                      
Equity in earnings of subsidiaries(1)                 (3,023) 1,268 (9,464)
Equity in earnings of operating joint ventures, net of taxes                 5 0 0
Realized investment (gains) losses, net(1)(2)                 4 (128) (90)
Dividends received from subsidiaries                 3,705 3,967 3,239
Property, plant and equipment                 (15) (8) (4)
Change in:                      
Due to/from subsidiaries, net                 212 681 (513)
Other, net                 (487) 39 63
Cash flows from (used in) operating activities                 2,879 4,172 2,099
Proceeds from the sale/maturity of:                      
Fixed maturities, available-for-sale                 372 76 969
Short-term investments                 19,196 23,529 15,718
Payments for the purchase of:                      
Fixed maturities, available-for-sale                 (171) (744) (500)
Short-term investments                 (18,938) (24,080) (13,795)
Capital contributions to subsidiaries                 (1,651) (2,527) (874)
Returns of capital contributions from subsidiaries                 599 2,098 430
Loans to subsidiaries, net of maturities                 584 (157) 151
Payments for (Proceeds from) Other Investing Activities                 0 0 7
Cash flows from (used in) investing activities                 (9) (1,805) 2,106
CASH FLOWS FROM FINANCING ACTIVITIES                      
Cash dividends paid on Common Stock                 (1,846) (1,817) (1,814)
Common Stock acquired                 (1,012) (1,488) (2,500)
Common Stock reissued for exercise of stock options                 126 163 200
Proceeds from the issuance of debt (maturities longer than 90 days)                 495 2,474 0
Repayments of debt (maturities longer than 90 days)                 (1,514) (1,005) (1,308)
Repayments of loans from subsidiaries                 (660) (1,811) 151
Proceeds from loans payable to subsidiaries                 1,256 1,386 1,411
Net change in financing arrangements (maturities 90 days or less)                 1 (2) 0
Other, financing                 (141) (122) (156)
Cash flows from (used in) financing activities                 (3,295) (2,222) (4,016)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                 (425) 145 189
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR       $ 1,396       $ 1,251 1,396 1,251 1,062
CASH AND CASH EQUIVALENTS, END OF YEAR $ 971       $ 1,396       971 1,396 1,251
SUPPLEMENTAL CASH FLOW INFORMATION                      
Cash paid during the period for interest                 1,224 1,071 1,050
Cash paid (refunds received) during the period for taxes                 554 (231) (330)
NON-CASH TRANSACTIONS DURING THE YEAR                      
Non-cash capital contributions to subsidiaries                 (753) (620) (3,607)
Non-cash dividends/returns of capital from subsidiaries                 1,067 501 4,582
Treasury Stock shares issued for stock-based compensation programs                 $ 275 $ 235 $ 138
[1] Prior period amounts adjusted for the adoption of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.
[2] See Note 24 for additional information regarding related party transactions.
[3] See Note 24 for additional information regarding related party transactions.
[4] Prior period amounts adjusted for the implementation of ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts.
[5] The amount for the year ended December 31, 2022 includes the recognized gains on the sales of Prudential Annuities Life Assurance Corporation (“PALAC”) and the Full Service Retirement business, which were completed on April 1, 2022. See Note 1 for additional information regarding these dispositions.
[6] The amount for the year ended December 31, 2022 includes approximately $1.6 billion cash receipt from a secured borrowing related to the PALAC disposition, which was subsequently derecognized as part of a non-cash transaction during 2022 related to the novation of certain previously reinsured annuity products. See Note 1 for additional information.
[7] See Note 4 for details of balances associated with variable interest entities.