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Unaudited Interim Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Fixed maturities, available for sale, at fair value (allowance for credit losses: 2024-$14,575; 2023-$2,008) (amortized cost: 2024–$35,694,374; 2023–$27,538,066) $ 34,956,806 $ 26,131,780
Fixed maturities, trading, at fair value (amortized cost: 2024–$3,877,899; 2023–$3,476,746) 3,507,269 2,796,446
Equity securities, at fair value (cost: 2024– $531,417; 2023–$824,270) 552,549 844,950
Policy loans 1,524,636 1,472,677
Short-term investments (net of allowance for credit losses: 2024-$49; 2023-$0) 538,649 380,366
Commercial mortgage and other loans (net of $44,309 and $37,689 allowance for credit losses at September 30, 2024 and December 31, 2023, respectively) 7,223,568 6,122,721
Other invested assets (includes $56,573 and $85,025 of assets measured at fair value at September 30, 2024 and December 31, 2023, respectively) 1,465,970 1,222,985
Total investments 49,769,447 38,971,925
Cash and cash equivalents 3,313,710 2,139,792
Deferred policy acquisition costs 7,706,078 7,097,511
Accrued investment income 444,591 333,838
Reinsurance recoverables 43,285,050 38,709,651
Receivables from parent and affiliates 618,259 332,583
Deferred sales inducements 330,264 351,424
Income tax assets 1,924,854 1,737,651
Market risk benefits assets 2,499,234 2,367,243
Other assets 2,934,252 2,078,938
Separate account assets 122,779,095 119,188,485
TOTAL ASSETS 235,604,834 213,309,041
LIABILITIES    
Policyholders’ account balances 65,658,560 53,012,800
Future policy benefits 25,253,059 23,205,205
Market risk benefit liabilities 4,915,163 5,144,401
Cash collateral for loaned securities 330,370 218,310
Short-term debt to affiliates 0 180,411
Payables to parent and affiliates 2,068,283 2,667,696
Other liabilities 9,683,019 5,170,308
Separate account liabilities 122,779,095 119,188,485
Total liabilities 230,687,549 208,787,616
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 4,507,604 5,052,602
Retained earnings / (accumulated deficit) (202,881) (532,951)
Accumulated other comprehensive income (loss) 359,542 (30,920)
Total Pruco Life Insurance Company equity 4,666,765 4,491,231
Noncontrolling Interests 250,520 30,194
Total equity 4,917,285 4,521,425
TOTAL LIABILITIES AND EQUITY $ 235,604,834 $ 213,309,041