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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES      
Premiums $ 34,202 $ 35,779 $ 32,091
Policy charges and fee income 5,978 6,002 5,303
Net investment income 17,585 16,176 16,435
Insurance Agency Management Fee 4,239 4,100 4,127
Other income (loss) 3,262 (1,042) 1,301
Realized investment gains (losses), net:      
Other-than-temporary impairments on fixed maturity securities (351) (279) (289)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income 36 0 22
Other realized investment gains (losses), net (144) 2,256 699
Total realized investment gains (losses), net (459) 1,977 432
Total revenues 64,807 62,992 59,689
BENEFITS AND EXPENSES      
Policyholders’ benefits 36,820 39,404 33,794
Interest credited to policyholders’ account balances 4,880 3,196 3,822
Dividends to policyholders 2,274 1,336 2,091
Amortization of deferred policy acquisition costs 2,332 2,273 1,580
General and administrative expenses 13,416 11,949 11,915
Total benefits and expenses 59,722 58,158 53,202
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF OPERATING JOINT VENTURES 5,085 4,834 6,487
Total income tax expense (benefit) 947 822 (1,438)
INCOME (LOSS) BEFORE EQUITY IN EARNINGS OF OPERATING JOINT VENTURES 4,138 4,012 7,925
Equity in earnings of operating joint ventures, net of taxes 100 76 49
NET INCOME (LOSS) 4,238 4,088 7,974
Less: Income (loss) attributable to noncontrolling interests 52 14 111
NET INCOME (LOSS) ATTRIBUTABLE TO PRUDENTIAL FINANCIAL, INC. $ 4,186 $ 4,074 $ 7,863
Basic earnings per share-Common Stock:      
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share) $ 10.23 $ 9.64 $ 18.19
Diluted earnings per share-Common Stock:      
Net income (loss) attributable to Prudential Financial, Inc. (in dollars per share) 10.11 9.50 17.86
Dividends declared per share of Common Stock (in dollars per share) $ 4.00 $ 3.60 $ 3.00