Prudential 2006 Annual Report Download - page 184

PRUDENTIAL FINANCIAL, INC.
Supplemental Combining Statements of Financial Position
December 31, 2006 and 2005 (in millions)
2006 2005
Financial
Services
Businesses
Closed
Block
Business Consolidated
Financial
Services
Businesses
Closed
Block
Business Consolidated
ASSETS
Fixed maturities:
Available for sale, at fair value ........................... $112,043 $50,773 $162,816 $105,188 $49,246 $154,434
Held to maturity, at amortized cost ........................ 3,469 — 3,469 3,249 — 3,249
Trading account assets supporting insurance liabilities, at fair
value ................................................. 14,262 — 14,262 13,781 — 13,781
Other trading account assets, at fair value ...................... 2,209 — 2,209 1,443 — 1,443
Equity securities, available for sale, at fair value ................. 4,331 3,772 8,103 3,856 3,216 7,072
Commercial loans ......................................... 18,421 7,318 25,739 17,177 7,264 24,441
Policy loans .............................................. 3,472 5,415 8,887 2,967 5,403 8,370
Securities purchased under agreements to resell ................. 153 — 153 413 — 413
Other long-term investments ................................. 3,780 965 4,745 3,266 973 4,239
Short-term investments ..................................... 3,183 1,851 5,034 2,565 1,394 3,959
Total investments ..................................... 165,323 70,094 235,417 153,905 67,496 221,401
Cash and cash equivalents .................................. 7,243 1,346 8,589 5,493 2,306 7,799
Accrued investment income ................................. 1,429 713 2,142 1,358 709 2,067
Reinsurance recoverables ................................... 1,958 — 1,958 3,548 — 3,548
Deferred policy acquisition costs ............................. 9,854 1,009 10,863 8,357 1,081 9,438
Other assets .............................................. 16,997 837 17,834 15,069 893 15,962
Separate account assets ..................................... 177,463 — 177,463 153,159 — 153,159
TOTAL ASSETS .................................... $380,267 $73,999 $454,266 $340,889 $72,485 $413,374
LIABILITIES AND ATTRIBUTED EQUITY
LIABILITIES
Future policy benefits ...................................... $ 56,245 $50,706 $106,951 $ 51,759 $50,113 $101,872
Policyholders’ account balances .............................. 75,090 5,562 80,652 70,091 5,568 75,659
Policyholders’ dividends .................................... 526 3,456 3,982 696 3,717 4,413
Reinsurance payables ...................................... 1,458 — 1,458 3,069 — 3,069
Securities sold under agreements to repurchase .................. 5,747 5,734 11,481 6,801 5,716 12,517
Cash collateral for loaned securities ........................... 4,082 3,283 7,365 3,425 2,393 5,818
Income taxes ............................................. 2,920 188 3,108 2,136 78 2,214
Securities sold but not yet purchased .......................... 277 — 277 223 — 223
Short-term debt ........................................... 10,798 1,738 12,536 9,447 1,667 11,114
Long-term debt ........................................... 9,673 1,750 11,423 6,520 1,750 8,270
Other liabilities ........................................... 14,298 380 14,678 11,909 374 12,283
Separate account liabilities .................................. 177,463 — 177,463 153,159 — 153,159
Total liabilities ....................................... 358,577 72,797 431,374 319,235 71,376 390,611
COMMITMENTS AND CONTINGENT LIABILITIES
ATTRIBUTED EQUITY
Accumulated other comprehensive income ..................... 496 23 519 1,108 126 1,234
Other attributed equity ..................................... 21,194 1,179 22,373 20,546 983 21,529
Total attributed equity .................................. 21,690 1,202 22,892 21,654 1,109 22,763
TOTAL LIABILITIES AND ATTRIBUTED EQUITY ..... $380,267 $73,999 $454,266 $340,889 $72,485 $413,374
See Notes to Supplemental Combining Financial Information
PRUDENTIAL FINANCIAL, INC. 2006 ANNUAL REPORT
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