Prudential 2001 Annual Report Download - page 148

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Prudential Financial, Inc.
Notes to Consolidated Financial Statements
19. Derivative Instruments (continued)
Derivative Financial Instruments
December 31, 2000
Trading Other than Trading Total
Hedge Accounting Non-Hedge
Accounting
Notional
Estimated
Fair
Value Notional
Estimated
Fair
Value Notional
Estimated
Fair
Value Notional
Estimated
Fair
Value
(In Millions)
Swap Instruments
Interest rate
Asset .......................... $ 9,693 $352 $ — $ — $1,908 $ 57 $11,601 $ 409
Liability ........................ 10,521 370 — — 2,126 81 12,647 451
Currency
Asset .......................... 7 — — — 383 31 390 31
Liability ........................ 30 34 — — 302 20 332 54
Equity and commodity
Asset .......................... 55 14 — — 46 17 101 31
Liability ........................ 55 12 — — — — 55 12
Forward contracts
Interest rate
Asset .......................... 3,469 33 — — — — 3,469 33
Liability ........................ 3,319 33 — — — — 3,319 33
Currency
Asset .......................... 6,044 185 472 9 2,319 29 8,835 223
Liability ........................ 5,897 195 429 9 27 79 6,353 283
Equity and commodity
Asset .......................... 2,091 75 — — — — 2,091 75
Liability ........................ 1,923 75 — — — — 1,923 75
Futures contracts
Interest rate
Asset .......................... 11,582 14 — — 2,410 55 13,992 69
Liability ........................ 6,513 29 — — 1,468 21 7,981 50
Equity and commodity
Asset .......................... 782 27 — — — — 782 27
Liability ........................ 1,324 36 — — — — 1,324 36
Option contracts
Interest rate
Asset .......................... 4,141 48 — — — — 4,141 48
Liability ........................ 4,273 29 — — — — 4,273 29
Currency
Asset .......................... 1,108 27 — — — — 1,108 27
Liability ........................ 1,174 26 — — — — 1,174 26
Equity and commodity
Asset .......................... 175 3 — — — — 175 3
Liability ........................ 126 1 — — — — 126 1
Total Derivatives
Assets ......................... $39,147 $778 $ 472 $ 9 $7,066 $189 $46,685 $ 976
Liabilities ....................... $35,155 $840 $ 429 $ 9 $3,923 $201 $39,507 $1,050
Growing and Protecting Your Wealth146