Prudential 2005 Annual Report Download - page 166

PRUDENTIAL FINANCIAL, INC.
Supplemental Combining Statements of Financial Position
December 31, 2005 and 2004 (in millions)
2005 2004
Financial
Services
Businesses
Closed
Block
Business Consolidated
Financial
Services
Businesses
Closed
Block
Business Consolidated
ASSETS
Fixed maturities:
Available for sale, at fair value ........................... $105,659 $49,494 $155,153 $102,265 $48,813 $151,078
Held to maturity, at amortized cost ........................ 3,362 — 3,362 2,747 — 2,747
Trading account assets supporting insurance liabilities, at fair
value ................................................. 13,781 — 13,781 12,964 — 12,964
Other trading account assets, at fair value ...................... 1,443 — 1,443 1,613 — 1,613
Equity securities, available for sale, at fair value ................. 2,043 2,968 5,011 1,705 2,620 4,325
Commercial loans ......................................... 17,177 7,264 24,441 18,191 7,297 25,488
Policy loans .............................................. 2,967 5,403 8,370 2,919 5,454 8,373
Securities purchased under agreements to resell ................. 413 — 413 127 — 127
Other long-term investments ................................. 4,495 973 5,468 4,749 1,047 5,796
Short-term investments ..................................... 2,565 1,394 3,959 3,405 1,840 5,245
Total investments ..................................... 153,905 67,496 221,401 150,685 67,071 217,756
Cash and cash equivalents .................................. 5,493 2,306 7,799 6,164 1,908 8,072
Accrued investment income ................................. 1,358 709 2,067 1,307 721 2,028
Reinsurance recoverables ................................... 3,548 — 3,548 32,790 — 32,790
Deferred policy acquisition costs ............................. 8,357 1,081 9,438 7,624 1,223 8,847
Other assets .............................................. 15,069 893 15,962 15,110 657 15,767
Separate account assets ..................................... 157,561 — 157,561 115,568 — 115,568
TOTAL ASSETS .................................... $345,291 $72,485 $417,776 $329,248 $71,580 $400,828
LIABILITIES AND ATTRIBUTED EQUITY
LIABILITIES
Future policy benefits ...................................... $ 52,052 $50,113 $102,165 $ 54,043 $49,511 $103,554
Policyholders’ account balances .............................. 69,798 5,568 75,366 70,226 5,557 75,783
Policyholders’ dividends .................................... 696 3,717 4,413 1,132 4,218 5,350
Reinsurance payables ...................................... 3,069 — 3,069 32,386 — 32,386
Securities sold under agreements to repurchase .................. 6,801 5,716 12,517 4,657 4,301 8,958
Cash collateral for loaned securities ........................... 3,425 2,393 5,818 4,248 3,021 7,269
Income taxes payable ...................................... 2,136 78 2,214 2,451 — 2,451
Securities sold but not yet purchased .......................... 223 — 223 427 — 427
Short-term debt ........................................... 9,447 1,667 11,114 3,896 148 4,044
Long-term debt ........................................... 6,520 1,750 8,270 5,877 1,750 7,627
Other liabilities ........................................... 11,909 374 12,283 13,128 1,939 15,067
Separate account liabilities .................................. 157,561 — 157,561 115,568 — 115,568
Total liabilities ....................................... 323,637 71,376 395,013 308,039 70,445 378,484
COMMITMENTS AND CONTINGENT LIABILITIES
ATTRIBUTED EQUITY
Accumulated other comprehensive income ..................... 1,108 126 1,234 1,817 374 2,191
Other attributed equity ..................................... 20,546 983 21,529 19,392 761 20,153
Total attributed equity .................................. 21,654 1,109 22,763 21,209 1,135 22,344
TOTAL LIABILITIES AND ATTRIBUTED EQUITY .... $345,291 $72,485 $417,776 $329,248 $71,580 $400,828
See Notes to Supplemental Combining Financial Information
Prudential Financial 2005 Annual Report164