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Unaudited Interim Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Fixed maturities, available for sale, at fair value (allowance for credit losses: 2024-$3,348; 2023-$2,008) (amortized cost: 2024–$33,149,962; 2023–$27,538,066) $ 31,110,763 $ 26,131,780
Fixed maturities, trading, at fair value (amortized cost: 2024–$3,594,538; 2023–$3,476,746) 3,074,512 2,796,446
Equity securities, at fair value (cost: 2024– $575,874; 2023–$824,270) 565,619 844,950
Policy loans 1,511,288 1,472,677
Short-term investments 416,658 380,366
Commercial mortgage and other loans (net of $41,572 and $37,689 allowance for credit losses at June 30, 2024 and December 31, 2023, respectively) 6,718,386 6,122,721
Other invested assets (includes $77,562 and $85,025 of assets measured at fair value at June 30, 2024 and December 31, 2023, respectively) 1,403,405 1,222,985
Total investments 44,800,631 38,971,925
Cash and cash equivalents 2,886,207 2,139,792
Deferred policy acquisition costs 7,482,833 7,097,511
Accrued investment income 426,302 333,838
Reinsurance recoverables 40,693,991 38,709,651
Receivables from parent and affiliates 416,539 332,583
Deferred sales inducements 337,202 351,424
Income tax assets 1,907,612 1,737,651
Market risk benefits assets 2,550,164 2,367,243
Other assets 2,596,292 2,078,938
Separate account assets 119,980,906 119,188,485
TOTAL ASSETS 224,078,679 213,309,041
LIABILITIES    
Policyholders’ account balances 61,036,866 53,012,800
Future policy benefits 23,030,579 23,205,205
Market risk benefit liabilities 4,370,960 5,144,401
Cash collateral for loaned securities 19,397 218,310
Short-term debt to affiliates 0 180,411
Payables to parent and affiliates 3,133,697 2,667,696
Other liabilities 8,574,711 5,170,308
Separate account liabilities 119,980,906 119,188,485
Total liabilities 220,147,116 208,787,616
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 15)
EQUITY    
Common stock ($10 par value; 1,000,000 shares authorized; 250,000 shares issued and outstanding) 2,500 2,500
Additional paid-in capital 4,508,290 5,052,602
Retained earnings / (accumulated deficit) (189,104) (532,951)
Accumulated other comprehensive income (loss) (498,247) (30,920)
Total Pruco Life Insurance Company equity 3,823,439 4,491,231
Noncontrolling Interests 108,124 30,194
Total equity 3,931,563 4,521,425
TOTAL LIABILITIES AND EQUITY $ 224,078,679 $ 213,309,041