Prudential 2007 Annual Report Download - page 188

PRUDENTIAL FINANCIAL, INC.
Supplemental Combining Statements of Financial Position
December 31, 2007 and 2006 (in millions)
2007 2006
Financial
Services
Businesses
Closed
Block
Business Consolidated
Financial
Services
Businesses
Closed
Block
Business Consolidated
ASSETS
Fixed maturities:
Available for sale, at fair value ........................... $112,748 $49,414 $162,162 $112,043 $50,773 $162,816
Held to maturity, at amortized cost ........................ 3,548 — 3,548 3,469 — 3,469
Trading account assets supporting insurance liabilities, at fair
value ................................................. 14,473 — 14,473 14,262 — 14,262
Other trading account assets, at fair value ...................... 3,021 142 3,163 2,209 — 2,209
Equity securities, available for sale, at fair value ................. 4,640 3,940 8,580 4,331 3,772 8,103
Commercial loans ......................................... 22,093 7,954 30,047 18,421 7,318 25,739
Policy loans .............................................. 3,942 5,395 9,337 3,472 5,415 8,887
Securities purchased under agreements to resell ................. 129 — 129 153 — 153
Other long-term investments ................................. 5,163 1,268 6,431 3,780 965 4,745
Short-term investments ..................................... 3,852 1,385 5,237 3,183 1,851 5,034
Total investments ..................................... 173,609 69,498 243,107 165,323 70,094 235,417
Cash and cash equivalents .................................. 9,624 1,436 11,060 7,243 1,346 8,589
Accrued investment income ................................. 1,496 678 2,174 1,429 713 2,142
Reinsurance recoverables ................................... 2,119 — 2,119 1,958 — 1,958
Deferred policy acquisition costs ............................. 11,396 943 12,339 9,854 1,009 10,863
Other assets .............................................. 18,204 1,228 19,432 16,997 837 17,834
Separate account assets ..................................... 195,583 — 195,583 177,463 — 177,463
TOTAL ASSETS .................................... $412,031 $73,783 $485,814 $380,267 $73,999 $454,266
LIABILITIES AND ATTRIBUTED EQUITY
LIABILITIES
Future policy benefits ...................................... $ 60,259 $51,209 $111,468 $ 56,245 $50,706 $106,951
Policyholders’ account balances .............................. 78,599 5,555 84,154 75,090 5,562 80,652
Policyholders’ dividends .................................... 670 2,991 3,661 526 3,456 3,982
Reinsurance payables ...................................... 1,552 — 1,552 1,458 — 1,458
Securities sold under agreements to repurchase .................. 5,281 6,160 11,441 5,747 5,734 11,481
Cash collateral for loaned securities ........................... 3,041 3,271 6,312 4,082 3,283 7,365
Income taxes ............................................. 3,402 151 3,553 2,920 188 3,108
Short-term debt ........................................... 14,514 1,143 15,657 10,798 1,738 12,536
Long-term debt ........................................... 12,351 1,750 14,101 9,673 1,750 11,423
Other liabilities ........................................... 14,609 266 14,875 14,575 380 14,955
Separate account liabilities .................................. 195,583 — 195,583 177,463 — 177,463
Total liabilities ....................................... 389,861 72,496 462,357 358,577 72,797 431,374
COMMITMENTS AND CONTINGENT LIABILITIES
ATTRIBUTED EQUITY
Accumulated other comprehensive income ..................... 459 (12) 447 496 23 519
Other attributed equity ..................................... 21,711 1,299 23,010 21,194 1,179 22,373
Total attributed equity .................................. 22,170 1,287 23,457 21,690 1,202 22,892
TOTAL LIABILITIES AND ATTRIBUTED EQUITY ..... $412,031 $73,783 $485,814 $380,267 $73,999 $454,266
See Notes to Supplemental Combining Financial Information
186 Prudential Financial 2007 Annual Report