v3.26.1
Equity (Tables)
 3 Months Ended
Mar. 31, 2026
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, 2025666.3 318.3 348.0 
Common Stock issued0.0 0.0 0.0 
Common Stock acquired0.0 2.4 (2.4)
Stock-based compensation programs(1)0.0 (1.7)1.7 
Balance, March 31, 2026666.3 319.0 347.3 
__________ 
(1)Represents net shares issued from treasury pursuant to the Company’s stock-based compensation programs.
Dividends Declared
Dividends declared per share of Common Stock are as follows for the periods indicated:

 Three Months Ended
March 31,
 20262025
Dividends declared per share of Common Stock$1.40 $1.35 
Components of Accumulated Other Comprehensive Income (Loss) The balance of and changes in each component of AOCI as of and for the three months ended March 31, 2026 and 2025, are as follows:
 Accumulated Other Comprehensive Income (Loss) Attributable to
Prudential Financial, Inc.
 Foreign 
Currency
Translation
Adjustment		Net Unrealized
Investment 
Gains
(Losses)(1)		Interest rate remeasurement of Liability for Future Policy Benefits
Gains (Losses) from Changes in Non-performance Risk on Market Risk Benefits
Pension and
Postretirement
Unrecognized Net
Periodic Benefit
(Cost)		Total
Accumulated
Other
Comprehensive
Income (Loss)
 (in millions)
Balance, December 31, 2025$(3,183)$(18,789)$21,039 $378 $(2,522)$(3,077)
Change in OCI before reclassifications(58)(5,339)4,435 208 0 (754)
Amounts reclassified from AOCI(10)603 0 0 18 611 
Income tax benefit (expense)(29)925 (1,078)(43)(5)(230)
Balance, March 31, 2026$(3,280)$(22,600)$24,396 $543 $(2,509)$(3,450)

 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 Non-performance Risk on Market Risk Benefits
Pension and
Postretirement
Unrecognized Net
Periodic Benefit
(Cost)		Total
Accumulated
Other
Comprehensive
Income (Loss)
 (in millions)
Balance, December 31, 2024$(3,615)$(18,687)$17,306 $532 $(2,247)$(6,711)
Change in OCI before reclassifications398 (325)2,036 167 (4)2,272 
Amounts reclassified from AOCI(12)98 0 0 7 93 
Income tax benefit (expense)58 170 (588)(35)0 (395)
Balance, March 31, 2025$(3,171)$(18,744)$18,754 $664 $(2,244)$(4,741)
__________
(1)Includes cash flow hedges of $536 million and $(231) million as of March 31, 2026 and December 31, 2025, respectively, and $1,659 million and $1,780 million as of March 31, 2025 and December 31, 2024, respectively, and fair value hedges of $(139) million and $(123) million as of March 31, 2026 and December 31, 2025, respectively, and $(134) million and $(64) million as of March 31, 2025 and December 31, 2024, respectively
Reclassification Out Of Accumulated Other Comprehensive Income (Loss)
Reclassifications out of Accumulated Other Comprehensive Income (Loss)

 Three Months Ended
March 31,		Affected line item in Unaudited Interim Consolidated Statements of Operations
 20262025
 (in millions) 
Amounts reclassified from AOCI(1)(2):
Foreign currency translation adjustment:
Foreign currency translation adjustments
$10 $12 Realized investment gains (losses), net
Foreign currency translation adjustments0 0 Other income (loss)
Total foreign currency translation adjustment10 12 
Net unrealized investment gains (losses):
Cash flow hedges—Interest rate(2)(3)(3)
Cash flow hedges—Currency(3)1 (3)
Cash flow hedges—Currency/Interest rate150 (29)(3)
Fair value hedges—Currency(4)(3)(3)
Net unrealized investment gains (losses) on available-for-sale securities(744)(64)Realized investment gains (losses), net
Total net unrealized investment gains (losses)(603)(98)(4)
Amortization of defined benefit items:
Prior service cost17 17 (5)
Actuarial gain (loss)(35)(24)(5)
Total amortization of defined benefit items(18)(7)
Total reclassifications for the period$(611)$(93)
__________
(1)All amounts are shown before tax.
(2)Positive amounts indicate gains/benefits reclassified out of AOCI. Negative amounts indicate losses/costs reclassified out of AOCI.
(3)See Note 5 for additional information regarding cash flow and fair value hedges.
(4)See table below for additional information regarding unrealized investment gains (losses), including the impact on deferred policy acquisition and other costs, future policy benefits and policyholders’ dividends.
(5)See Note 16 for additional information regarding employee benefit plans.
Net Unrealized Investment Gains (Losses) on AFS Fixed Maturity Securities with Allowance for Credit losses and All Other Investments AOCI Rollforward The amounts for the periods indicated below, split between amounts related to available-for-sale fixed maturity securities on which an allowance for credit losses has been recorded, and all other net unrealized investment gains (losses), are as follows:
Net Unrealized Investment Gains (Losses) on Available-for-Sale Fixed Maturity Securities on Which an Allowance for Credit Losses has been RecordedNet Unrealized
Gains (Losses)
on All Other Investments(1)		Reinsurance RecoverablesFuture Policy
Benefits,
Policyholders’
Account
Balances and
Reinsurance Payables		Policyholders’
Dividends		Income Tax Benefit (Expense)Accumulated Other Comprehensive Income (Loss) Related to Net Unrealized Investment Gains (Losses)
 (in millions)
Balance, December 31, 2025$(4)$(26,641)$(168)$623 $1,064 $6,337 $(18,789)
Net investment gains (losses) on investments arising during the period(3)(5,644)1,108 (4,539)
Reclassification adjustment for (gains) losses included in net income603 (118)485 
Reclassification due to allowance for credit losses recorded during the period3 (3)0 
Impact of net unrealized investment (gains) losses45 (80)343 (65)243 
Balance, March 31, 2026$(4)$(31,685)$(123)$543 $1,407 $7,262 $(22,600)
__________
(1)Includes cash flow and fair value hedges. See Note 5 for additional information.