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Revision to Prior Year Financial Statement (Tables)
 12 Months Ended
Dec. 31, 2024
Prior Period Adjustment [Abstract]  
Revision to Prior Period Financial Statements
The following are the impacted line items from the Consolidated Financial Statements illustrating the effects of the revisions:

Consolidated Statements of Financial Position
December 31, 2023
As Previously ReportedAdjustmentsAs Revised
(in thousands)
ASSETS
Deferred policy acquisition costs$7,097,511 $47,225 $7,144,736 
Reinsurance recoverables and deposit receivables(1)40,348,313 (91,513)40,256,800 
Income tax assets1,737,651 4,934 1,742,585 
TOTAL ASSETS$213,309,041 $(39,354)$213,269,687 
LIABILITIES AND EQUITY
LIABILITIES
Policyholders’ account balances$53,012,800 $(26,100)$52,986,700 
Market risk benefit liabilities5,144,401 12,457 5,156,858 
Reinsurance and funds withheld payables(1)2,746,129 (7,150)2,738,979 
Total liabilities208,787,616 (20,793)208,766,823 
EQUITY
Retained earnings / (accumulated deficit)(532,951)(18,520)(551,471)
Accumulated other comprehensive income (loss)(30,920)(41)(30,961)
Total equity4,521,425 (18,561)4,502,864 
TOTAL LIABILITIES AND EQUITY$213,309,041 $(39,354)$213,269,687 
(1)    As previously reported balances have been updated to conform to the current period presentation.
Consolidated Statements of Operations and Comprehensive Income (Loss)
Year Ended December 31, 2023
As Previously ReportedAdjustmentsAs Revised
(in thousands)
REVENUES
Other income (loss)$744,628 $6,735 $751,363 
Realized investment gains (losses), net(1,083,660)(63,439)(1,147,099)
Change in value of market risk benefits, net of related hedging gains (losses)(94,368)(12,405)(106,773)
TOTAL REVENUES3,340,575 (69,109)3,271,466 
BENEFITS AND EXPENSES
Interest credited to policyholders’ account balances655,445 (33,800)621,645 
Amortization of deferred policy acquisition costs534,435 5,075 539,510 
General, administrative and other expenses1,151,452 (26,529)1,124,923 
TOTAL BENEFITS AND EXPENSES2,849,073 (55,254)2,793,819 
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF OPERATING JOINT VENTURE491,502 (13,855)477,647 
Income tax expense (benefit)29,378 (2,910)26,468 
NET INCOME (LOSS) ATTRIBUTABLE TO PRUCO LIFE INSURANCE COMPANY$461,203 $(10,945)$450,258 
Other comprehensive income (loss), before tax:
Gain (loss) from changes in nonperformance risk on market risk benefits(659,875)(52)(659,927)
Total(26,482)(52)(26,534)
Less: Income tax expense (benefit) related to other comprehensive income (loss)(5,627)(11)(5,638)
Other comprehensive income (loss), net of taxes(20,855)(41)(20,896)
Comprehensive income (loss)440,836 (10,986)429,850 
Year Ended December 31, 2022
As Previously ReportedAdjustmentsAs Revised
(in thousands)
REVENUES
Other income (loss)$(651,469)$15,196 $(636,273)
Realized investment gains (losses), net336,382 (46,453)289,929 
TOTAL REVENUES1,648,324 (31,257)1,617,067 
BENEFITS AND EXPENSES
Amortization of deferred policy acquisition costs520,276 993 521,269 
General, administrative and other expenses1,156,464 (26,764)1,129,700 
TOTAL BENEFITS AND EXPENSES2,635,427 (25,771)2,609,656 
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF OPERATING JOINT VENTURE(987,103)(5,486)(992,589)
Income tax expense (benefit)(295,535)(1,152)(296,687)
NET INCOME (LOSS) ATTRIBUTABLE TO PRUCO LIFE INSURANCE COMPANY$(766,705)$(4,334)$(771,039)
Comprehensive income (loss)(1,173,224)(4,334)(1,177,558)
Consolidated Statements of Equity

Retained EarningsAOCITotal Equity
As Previously ReportedAdjustmentsAs RevisedAs Previously ReportedAdjustmentsAs RevisedAs Previously ReportedAdjustmentsAs Revised
(in thousands)
Balance, December 31, 2021$(227,449)$(3,241)$(230,690)$396,454 $0 $396,454 $6,213,996 $(3,241)$6,210,755 
Comprehensive income (loss):
Net income (loss)(766,705)(4,334)(771,039)(766,705)(4,334)(771,039)
Total comprehensive income (loss)(766,705)(4,334)(771,039)(406,519)0 (406,519)(1,173,224)(4,334)(1,177,558)
Balance, December 31, 2022$(994,154)$(7,575)$(1,001,729)$(10,065)$0 $(10,065)$5,036,195 $(7,575)$5,028,620 
Comprehensive income (loss):
Net income (loss)461,203 (10,945)450,258 461,691 (10,945)450,746 
Other comprehensive income (loss), net of taxes(20,855)(41)(20,896)(20,855)(41)(20,896)
Total comprehensive income (loss)461,203 (10,945)450,258 (20,855)(41)(20,896)440,836 (10,986)429,850 
Balance, December 31, 2023$(532,951)$(18,520)$(551,471)$(30,920)$(41)$(30,961)$4,521,425 $(18,561)$4,502,864 

Consolidated Statements of Cash Flows
Year Ended December 31, 2023
As Previously ReportedAdjustmentsAs Revised
(in thousands)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)$461,691 $(10,945)$450,746 
Interest credited to policyholders' account balances655,445 (33,800)621,645 
Realized investment (gains) losses, net1,083,660 63,439 1,147,099 
Change in value of market risk benefits, net of related hedging (gains) losses94,368 12,405 106,773 
Change in:
Reinsurance related balances(1)(671,990)(6,735)(678,725)
Deferred policy acquisition costs(560,471)(21,454)(581,925)
Income taxes(37,886)(2,910)(40,796)
Cash flows from (used in) operating activities2,459,895 0 2,459,895 
Year Ended December 31, 2022
As Previously ReportedAdjustmentsAs Revised
(in thousands)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)$(766,705)$(4,334)$(771,039)
Realized investment (gains) losses, net(336,382)46,453 (289,929)
Change in:
Reinsurance related balances(1)(1,771,655)(15,196)(1,786,851)
Deferred policy acquisition costs(442,303)(25,771)(468,074)
Income taxes(334,769)(1,152)(335,921)
Cash flows from (used in) operating activities1,824,964 0 1,824,964 
(1)    As previously reported balances have been updated to conform to the current period presentation.