Schedule I - Summary of Investments Other Than investments in Related Parties Schedule I - Summary of Investments Other Than Investments In Related Parties

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]

Schedule I - Summary of Investments Other Than Investments In Related Parties

PRUDENTIAL FINANCIAL, INC.

Schedule I

Summary of Investments Other Than Investments in Related Parties

As of December 31, 2019

(in millions)

Type of Investment	Amortized Cost or Cost(1)		Fair Value		Amount Shown in the Balance Sheet
Fixed maturities, available-for-sale:
Bonds:
U.S. Treasury securities and obligations of U.S. government authorities and agencies	$	30,625	$	35,659	$	35,659
Obligations of U.S. states and their political subdivisions	10,068		11,497		11,497
Foreign governments	98,356		119,054		119,054
Asset-backed securities	13,067		13,174		13,174
Residential mortgage-backed securities	3,044		3,201		3,201
Commercial mortgage-backed securities	14,978		15,574		15,574
Public utilities	26,170		29,064		29,064
All other corporate bonds	149,767		163,309		163,309
Redeemable preferred stock	499		564		564
Total fixed maturities, available-for-sale	$	346,574	$	391,096	$	391,096
Fixed maturities, held-to-maturity:
Bonds:
Foreign governments	$	891	$	1,173	$	891
Residential mortgage-backed securities	310		331		310
All other corporate bonds	732		798		732
Total fixed maturities, held-to-maturity	$	1,933	$	2,302	$	1,933
Equity securities:
Common stocks:
Other common stocks	$	4,065	$	5,698	$	5,698
Mutual funds	1,236		1,528		1,528
Nonredeemable preferred stocks	57		56		56
Perpetual preferred stocks	202		240		240
Total equity securities, at fair value	$	5,560	$	7,522	$	7,522
Fixed maturities, trading	$	3,917	$	3,884	$	3,884
Assets supporting experience-rated contractholder liabilities(2)(3)	21,597				21,597
Commercial mortgage and other loans(4)	63,559				63,559
Policy loans	12,096				12,096
Short-term investments	5,467				5,467
Other invested assets	15,606				15,606
Total investments	$	476,309			$	522,760

 __________

(1) For fixed maturities available-for-sale and held-to-maturity, original cost reduced by repayments and impairments and adjusted for amortization of premiums and accretion of discounts.

(2) At fair value.

(3) See Note 3 to the Consolidated Financial Statements for the composition of the Company’s “Assets supporting experience-rated contractholder liabilities, at fair value.”

(4)

At carrying value, which is net of allowance for credit losses. Includes collateralized commercial mortgage and other loans of $62,907 million and uncollateralized loans of $652 million.