Prudential 2011 Annual Report Download - page 262

PRUDENTIAL FINANCIAL, INC.
Notes to Consolidated Financial Statements
22. SEGMENT INFORMATION (continued)
The summary below presents certain financial information for the Company’s reportable segments:
Year Ended December 31, 2011
Revenues
Net
Investment
Income
Policyholders’
Benefits
Interest
Credited to
Policyholders’
Account
Balances
Dividends to
Policyholders
Interest
Expense
Amortization of
Deferred Policy
Acquisition
Costs
(in millions)
Financial Services Businesses:
Individual Annuities ...................... $ 3,638 $ 790 $ 476 $ 570 $ 0 $ 112 $ 606
Retirement .............................. 4,871 3,178 1,594 1,715 0 14 47
Asset Management ....................... 2,311 119 0 0 0 13 25
Total U.S. Retirement Solutions and
Investment Management Division ..... 10,820 4,087 2,070 2,285 0 139 678
Individual Life .......................... 2,900 978 1,115 299 29 214 174
Group Insurance ......................... 6,068 686 4,825 228 0 0 26
Total U.S. Individual Life and Group
Insurance Division ................. 8,968 1,664 5,940 527 29 214 200
International Insurance .................... 19,788 3,777 11,963 978 122 1 1,141
Total International Insurance Division .... 19,788 3,777 11,963 978 122 1 1,141
Corporate Operations ..................... (179) 389 146 (34) 0 810 (41)
Total Corporate and Other ............. (179) 389 146 (34) 0 810 (41)
Total .......................... 39,397 9,917 20,119 3,756 151 1,164 1,978
Reconciling items:
Realized investment gains (losses), net, and
related adjustments ..................... 2,515 (28) 0 0 0 0 0
Charges related to realized investment gains
(losses), net ........................... (108) 0 0 466 1 0 1,260
Investment gains (losses) on trading account
assets supporting insurance liabilities, net . . . 223 0 0 0 0 0 0
Change in experience-rated contractholder
liabilities due to assets value changes ....... 0 0 0 123 0 0 0
Divested businesses ...................... 266 21 13 0 0 0 0
Equity in earnings of operating joint ventures
and earnings attributable to noncontrolling
interests .............................. (263) 0 0 0 0 0 0
Total Financial Services Businesses ...... 42,030 9,910 20,132 4,345 152 1,164 3,238
Closed Block Business ........................ 7,015 3,214 3,482 139 2,571 148 54
Total per Consolidated Financial Statements ....... $49,045 $13,124 $23,614 $4,484 $2,723 $1,312 $3,292
260 Prudential Financial, Inc. 2011 Annual Report