Prudential 2001 Annual Report Download - page 156

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Prudential Financial, Inc.
Notes to Consolidated Financial Statements
20. Segment Information (continued)
Year ended December 31, 2000
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 Life Insurance .......... $ 1,828 $ 374 $ 628 $ 131 $ 12 $ 10 $ 172
Private Client Group ............. 2,767 299
Retail Investments ............... 1,631 478 152 264 1 1 212
Property and Casualty Insurance .... 1,800 193 1,045 365
Total U.S. Consumer Division . .
8,026 1,344 1,825 395 13 11 749
Group Insurance ................. 2,801 485 2,042 200 (1) 1
Other Employee Benefits .......... 2,885 2,332 930 1,024 44 22
Total Employee
Benefits Division .......... 5,686 2,817 2,972 1,224 43 23
International Insurance ........... 1,920 129 1,265 2 1 4 145
International Securities and
Investments .................. 704 66 1
Total International Division .... 2,624 195 1,265 2 1 4 146
Investment Management and
Advisory Services ............. 874 21 5
Other Asset Management ......... 470 31
Total Asset
Management Division ...... 1,344 52 5
Corporate and Other ............. 205 816 23 (3) 4 385 (84)
Total ...................... 17,885 5,224 6,085 1,618 18 448 834
Items Excluded From Adjusted Operating
Income:
Realized investment gains, net of losses
and related charges:
Realized investment gains (losses),
net ......................... (379) —
Related Charges:
Reserves ................... — 36
Amortization of deferred policy
acquisition costs ...........
— — (7)
Total realized investment
gains, net of losses and
related charges ........ (379) — 36 (7)
Divested businesses and related
runoff operations .............. 269 101 14
Total Financial Services
Businesses ........... 17,775 5,325 6,135 1,618 18 448 827
Closed Block Business ............... 8,638 4,172 4,505 133 2,261 152 269
Items Excluded From Adjusted Operating
Income:
Realized investment gains, net of losses
and related charges:
Realized investment gains (losses),
net ......................... 91
Related Charges:
Dividends to policyholders ...... — 445
Total realized investment
gains, net of losses and
related
charges ................ 91 — 445
Total Closed Block
Business ............... 8,729 4,172 4,505 133 2,706 152 269
Total per Consolidated
Financial Statements ..... $26,504 $9,497 $10,640 $1,751 $2,724 $600 $1,096
Growing and Protecting Your Wealth154