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Equity (Tables)
 12 Months Ended
Dec. 31, 2023
Stockholders' Equity Note [Abstract]  
Common Stock Disclosure
The changes in the number of shares of Common Stock issued, held in treasury and outstanding, are as follows for the periods indicated:

 Common Stock
 IssuedHeld In
Treasury		Outstanding
 
 (in millions)
Balance, December 31, 2020666.3 269.9 396.4 
Common Stock issued0.0 0.0 0.0 
Common Stock acquired0.0 24.5 (24.5)
Stock-based compensation programs(1)0.0 (4.4)4.4 
Balance, December 31, 2021666.3 290.0 376.3 
Common Stock issued0.0 0.0 0.0 
Common Stock acquired0.0 14.5 (14.5)
Stock-based compensation programs(1)0.0 (4.2)4.2 
Balance, December 31, 2022666.3 300.3 366.0 
Common Stock issued0.0 0.0 0.0 
Common Stock acquired0.0 10.9 (10.9)
Stock-based compensation programs(1)0.0 (4.1)4.1 
Balance, December 31, 2023666.3 307.1 359.2 
__________
(1)Represents net shares issued from treasury pursuant to the Company’s stock-based compensation programs.
Share Repurchases Authorizations
The following table summarizes share repurchases for each of the past three years as well as the share repurchase authorization for 2024, which was approved by the Board of Directors in December 2023:

January 1, 2024 -
December 31, 2024		January 1, 2023 -
December 31, 2023		January 1, 2022 -
December 31, 2022		January 1, 2021 -
December 31, 2021
Total Board authorized share repurchase amount ($ in billions)$1.0 $1.0 $1.5 $2.5 
Total number of shares repurchased under this authorization as of the period end (in millions)N/A*10.9 14.5 24.5 
__________
* Share repurchase authorization for a future period.
Dividends Declared
Dividends declared per share of Common Stock are as follows for the years indicated:

 202320222021
Dividends declared per share of Common Stock$5.00 $4.80 $4.60 
Components of Accumulated Other Comprehensive Income (Loss) The balance of and changes in each component of AOCI as of and for the years ended December 31, are as follows:
 
 Accumulated Other Comprehensive Income (Loss)
Attributable to Prudential Financial, Inc.
 Foreign 
Currency
Translation
Adjustment		Net Unrealized
Investment
Gains
(Losses)(1)		Interest rate remeasurement of Liability for Future Policy Benefits
Gains (Losses) from Changes in Nonperformance Risk on Market Risk Benefits
Pension and
Postretirement
Unrecognized Net
Periodic Benefit (Cost)		Total 
Accumulated Other Comprehensive Income (Loss)
 (in millions)
Balance, December 31, 2020$52 $34,065 $0 $0 $(3,379)$30,738 
Cumulative effect of adoption of ASU 2018-120 4,168 (47,818)1,254 0 (42,396)
Change in OCI before reclassifications(1,021)(12,467)18,941 (693)843 5,603 
Amounts reclassified from AOCI(65)(2,486)0 0 264 (2,287)
Income tax benefit (expense)(73)3,360 (4,343)146 (241)(1,151)
Balance, December 31, 2021$(1,107)$26,640 $(33,220)$707 $(2,513)$(9,493)
Change in OCI before reclassifications(1,145)(56,430)63,643 938 478 7,484 
Amounts reclassified from AOCI15 586 0 0 157 758 
Income tax benefit (expense)(37)13,010 (15,181)(197)(150)(2,555)
Balance, December 31, 2022$(2,274)$(16,194)$15,242 $1,448 $(2,028)$(3,806)
Change in OCI before reclassifications(246)5,076 (8,770)(693)(98)(4,731)
Amounts reclassified from AOCI(18)1,143 0 0 71 1,196 
Income tax benefit (expense)(148)(1,238)2,075 145 3 837 
Balance, December 31, 2023$(2,686)$(11,213)$8,547 $900 $(2,052)$(6,504)
__________
(1)Includes cash flow hedges of $869 million, $2,616 million and $1,019 million as of December 31, 2023, 2022, and 2021, respectively, and fair value hedges of $(60) million, $(54) million, and $(35) million as of December 31, 2023, 2022, and 2021, respectively.
Reclassification Out Of Accumulated Other Comprehensive Income (Loss)
Reclassifications out of Accumulated Other Comprehensive Income (Loss)
 
 Years Ended December 31,Affected line item in Consolidated
Statements of Operations
 202320222021
 (in millions) 
Amounts reclassified from AOCI(1)(2):
Foreign currency translation adjustment:
Foreign currency translation adjustment$18 $(15)$2 Realized investment gains (losses), net
Foreign currency translation adjustment0 0 63 Other income (loss)
Total foreign currency translation adjustment18 (15)65 
Net unrealized investment gains (losses):
Cash flow hedges—Interest Rate(38)(7)0 (3)
Cash flow hedges—Currency14 15 (4)(3)
Cash flow hedges—Currency/Interest rate200 897 557 (3)
Fair value hedges—Currency(8)(4)(6)(3)
Net unrealized investment gains (losses) on available-for-sale securities(1,311)(1,487)1,939 Realized investment gains (losses), net
Total net unrealized investment gains (losses)(1,143)(586)2,486 (4)
Amortization of defined benefit items:
Prior service cost8 9 (3)(5)
Actuarial gain (loss)(79)(166)(261)(5)
Total amortization of defined benefit items(71)(157)(264)
Total reclassifications for the period$(1,196)$(758)$2,287 
__________
(1)All amounts are shown before tax.
(2)Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI.
(3)See Note 5 for additional information regarding cash flow and fair value hedges.
(4)See table below for additional information regarding unrealized investment gains (losses), including the impact on future policy benefits and policyholders’ dividends.
(5)See Note 19 for information regarding employee benefit plans.
OTTI, Allowance and All Other Net Unrealized Investment Gain Loss AOCI Rollforward
Net Unrealized
Investment Gains (Losses)
on Available-for-Sale Fixed Maturity Securities on Which an Allowance for Credit Losses has been Recognized 		Net Unrealized Gains (Losses) on All Other Investments(1)Reinsurance RecoverablesFuture Policy
Benefits,
Policyholders’
Account
Balances and
Reinsurance Payables		Policyholders' DividendsIncome Tax Benefit (Expense)Accumulated Other Comprehensive Income (Loss) Related to Net Unrealized Investment Gains (Losses)
 (in millions)
Balance, December 31, 2020$(25)$58,442 $(1,229)$(6,588)$(5,892)$(10,643)$34,065 
Cumulative effect of adoption of ASU 2018-12(12)1,809 3,725 (1,354)4,168 
Net investment gains (losses) on investments arising during the period41 (15,522)3,441 (12,040)
Reclassification adjustment for (gains) losses included in net income10 (2,496)553 (1,933)
Reclassification due to allowance for credit losses recorded during the period(3)3 00
Impact of net unrealized investment (gains) losses(163)942 2,235 (634)2,380 
Balance, December 31, 2021$23 $40,415 $417 $(1,921)$(3,657)$(8,637)$26,640 
Net investment gains (losses) on investments arising during the period(90)(65,938)15,164(50,864)
Reclassification adjustment for (gains) losses included in net income23 563 (135)451 
Reclassification due to allowance for credit losses recorded during the period(1)1 0 0 
Impact of net unrealized investment (gains) losses(1,120)3,867 6,851 (2,019)7,579 
Balance, December 31, 2022$(45)$(24,959)$(703)$1,946 $3,194 $4,373 $(16,194)
Net investment gains (losses) on investments arising during the period15 6,595 (1,327)5,283 
Reclassification adjustment for (gains) losses included in net income(3)1,146 (229)914 
Reclassification due to allowance for credit losses recorded during the period
(39)39 0 0 
Impact of net unrealized investment (gains) losses219 (640)(1,113)318 (1,216)
Balance, December 31, 2023$(72)$(17,179)$(484)$1,306 $2,081 $3,135 $(11,213)
__________
(1)Includes cash flow and fair value hedges. See Note 5 for additional information.
Statutory Financial Information
The following table summarizes certain statutory financial information for the Company’s U.S. insurance subsidiary as of and for the years ended:
PICA
December 31, 2023December 31, 2022December 31, 2021
(in millions)
Statutory net income (loss)
$1,732 $1,116 $966 
Statutory capital and surplus
$16,085 $14,049 $19,123