Prudential 2006 Annual Report Download - page 117

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PRUDENTIAL FINANCIAL, INC.
Notes to Consolidated Financial Statements
4. INVESTMENTS
Fixed Maturities and Equity Securities
The following tables provide information relating to fixed maturities and equity securities (excluding investments classified as
trading) at December 31:
2006
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(in millions)
Fixed maturities, available for sale
U.S. Treasury securities and obligations of U.S. government corporations and
agencies ............................................................. $ 6,493 $ 514 $ 51 $ 6,956
Obligations of U.S. states and their political subdivisions ......................... 813 52 2 863
Foreign government bonds ................................................. 25,254 777 66 25,965
Corporate securities ...................................................... 115,412 3,523 786 118,149
Mortgage-backed securities ................................................ 10,856 88 61 10,883
Total fixed maturities, available for sale ...................................... $158,828 $4,954 $966 $162,816
Equity securities, available for sale ......................................... $ 6,824 $1,402 $123 $ 8,103
2006
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(in millions)
Fixed maturities, held to maturity
Foreign government bonds ................................................. $ 836 $ 13 $ 5 $ 844
Corporate securities ...................................................... 1,215 7 16 1,206
Mortgage-backed securities ................................................ 1,418 4 31 1,391
Total fixed maturities, held to maturity ....................................... $ 3,469 $ 24 $ 52 $ 3,441
2005
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(in millions)
Fixed maturities, available for sale
U.S. Treasury securities and obligations of U.S. government corporations and
agencies ............................................................. $ 7,274 $ 914 $ 7 $ 8,181
Obligations of U.S. states and their political subdivisions ......................... 962 76 3 1,035
Foreign government bonds ................................................. 25,087 1,091 48 26,130
Corporate securities ...................................................... 104,303 4,395 709 107,989
Mortgage-backed securities ................................................ 11,080 110 91 11,099
Total fixed maturities, available for sale ...................................... $148,706 $6,586 $858 $154,434
Equity securities, available for sale ........................................ $ 6,176 $1,066 $170 $ 7,072
2005
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(in millions)
Fixed maturities, held to maturity
Foreign government bonds ................................................. $ 874 $ 13 $ 6 $ 881
Corporate securities ...................................................... 694 12 2 704
Mortgage-backed securities ................................................ 1,681 5 43 1,643
Total fixed maturities, held to maturity ....................................... $ 3,249 $ 30 $ 51 $ 3,228
PRUDENTIAL FINANCIAL, INC. 2006 ANNUAL REPORT
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