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In March 2023, Prudential Financial entered into ten-year and thirty-year facility agreements with two Delaware trusts upon the completion of the sale of $ 1.5 billion of trust securities by the trusts in a Rule 144A private placement. The trusts invested the proceeds from the sale of the trust securities in portfolios of principal and/or interest strips of U.S. Treasury securities. The facility agreements provide Prudential Financial the right to issue and sell to the trusts from time to time up to $ 800 million of 5.791 % senior notes due February 15, 2033 and $ 700 million of 5.997 % senior notes due February 15, 2053, and receive in exchange a corresponding amount of the U.S. Treasury securities held by the trusts. In return, the Company agreed to pay semi-annual facility fees to the trusts at rates of 1.815 % and 2.066 % per annum for the ten-year and thirty-year facilities, respectively, applied to the maximum amount of senior notes that the Company could issue and sell to the trusts. | text | 700 | monetaryItemType | text: <entity> 700 </entity> <entity type> monetaryItemType </entity type> <context> In March 2023, Prudential Financial entered into ten-year and thirty-year facility agreements with two Delaware trusts upon the completion of the sale of $ 1.5 billion of trust securities by the trusts in a Rule 144A private placement. The trusts invested the proceeds from the sale of the trust securities in portfolios of principal and/or interest strips of U.S. Treasury securities. The facility agreements provide Prudential Financial the right to issue and sell to the trusts from time to time up to $ 800 million of 5.791 % senior notes due February 15, 2033 and $ 700 million of 5.997 % senior notes due February 15, 2053, and receive in exchange a corresponding amount of the U.S. Treasury securities held by the trusts. In return, the Company agreed to pay semi-annual facility fees to the trusts at rates of 1.815 % and 2.066 % per annum for the ten-year and thirty-year facilities, respectively, applied to the maximum amount of senior notes that the Company could issue and sell to the trusts. </context> | us-gaap:DebtInstrumentFaceAmount |
In March 2023, Prudential Financial entered into ten-year and thirty-year facility agreements with two Delaware trusts upon the completion of the sale of $ 1.5 billion of trust securities by the trusts in a Rule 144A private placement. The trusts invested the proceeds from the sale of the trust securities in portfolios of principal and/or interest strips of U.S. Treasury securities. The facility agreements provide Prudential Financial the right to issue and sell to the trusts from time to time up to $ 800 million of 5.791 % senior notes due February 15, 2033 and $ 700 million of 5.997 % senior notes due February 15, 2053, and receive in exchange a corresponding amount of the U.S. Treasury securities held by the trusts. In return, the Company agreed to pay semi-annual facility fees to the trusts at rates of 1.815 % and 2.066 % per annum for the ten-year and thirty-year facilities, respectively, applied to the maximum amount of senior notes that the Company could issue and sell to the trusts. | text | 5.997 | percentItemType | text: <entity> 5.997 </entity> <entity type> percentItemType </entity type> <context> In March 2023, Prudential Financial entered into ten-year and thirty-year facility agreements with two Delaware trusts upon the completion of the sale of $ 1.5 billion of trust securities by the trusts in a Rule 144A private placement. The trusts invested the proceeds from the sale of the trust securities in portfolios of principal and/or interest strips of U.S. Treasury securities. The facility agreements provide Prudential Financial the right to issue and sell to the trusts from time to time up to $ 800 million of 5.791 % senior notes due February 15, 2033 and $ 700 million of 5.997 % senior notes due February 15, 2053, and receive in exchange a corresponding amount of the U.S. Treasury securities held by the trusts. In return, the Company agreed to pay semi-annual facility fees to the trusts at rates of 1.815 % and 2.066 % per annum for the ten-year and thirty-year facilities, respectively, applied to the maximum amount of senior notes that the Company could issue and sell to the trusts. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
In March 2023, Prudential Financial entered into ten-year and thirty-year facility agreements with two Delaware trusts upon the completion of the sale of $ 1.5 billion of trust securities by the trusts in a Rule 144A private placement. The trusts invested the proceeds from the sale of the trust securities in portfolios of principal and/or interest strips of U.S. Treasury securities. The facility agreements provide Prudential Financial the right to issue and sell to the trusts from time to time up to $ 800 million of 5.791 % senior notes due February 15, 2033 and $ 700 million of 5.997 % senior notes due February 15, 2053, and receive in exchange a corresponding amount of the U.S. Treasury securities held by the trusts. In return, the Company agreed to pay semi-annual facility fees to the trusts at rates of 1.815 % and 2.066 % per annum for the ten-year and thirty-year facilities, respectively, applied to the maximum amount of senior notes that the Company could issue and sell to the trusts. | text | 1.815 | percentItemType | text: <entity> 1.815 </entity> <entity type> percentItemType </entity type> <context> In March 2023, Prudential Financial entered into ten-year and thirty-year facility agreements with two Delaware trusts upon the completion of the sale of $ 1.5 billion of trust securities by the trusts in a Rule 144A private placement. The trusts invested the proceeds from the sale of the trust securities in portfolios of principal and/or interest strips of U.S. Treasury securities. The facility agreements provide Prudential Financial the right to issue and sell to the trusts from time to time up to $ 800 million of 5.791 % senior notes due February 15, 2033 and $ 700 million of 5.997 % senior notes due February 15, 2053, and receive in exchange a corresponding amount of the U.S. Treasury securities held by the trusts. In return, the Company agreed to pay semi-annual facility fees to the trusts at rates of 1.815 % and 2.066 % per annum for the ten-year and thirty-year facilities, respectively, applied to the maximum amount of senior notes that the Company could issue and sell to the trusts. </context> | us-gaap:DebtInstrumentInterestRateEffectivePercentage |
In March 2023, Prudential Financial entered into ten-year and thirty-year facility agreements with two Delaware trusts upon the completion of the sale of $ 1.5 billion of trust securities by the trusts in a Rule 144A private placement. The trusts invested the proceeds from the sale of the trust securities in portfolios of principal and/or interest strips of U.S. Treasury securities. The facility agreements provide Prudential Financial the right to issue and sell to the trusts from time to time up to $ 800 million of 5.791 % senior notes due February 15, 2033 and $ 700 million of 5.997 % senior notes due February 15, 2053, and receive in exchange a corresponding amount of the U.S. Treasury securities held by the trusts. In return, the Company agreed to pay semi-annual facility fees to the trusts at rates of 1.815 % and 2.066 % per annum for the ten-year and thirty-year facilities, respectively, applied to the maximum amount of senior notes that the Company could issue and sell to the trusts. | text | 2.066 | percentItemType | text: <entity> 2.066 </entity> <entity type> percentItemType </entity type> <context> In March 2023, Prudential Financial entered into ten-year and thirty-year facility agreements with two Delaware trusts upon the completion of the sale of $ 1.5 billion of trust securities by the trusts in a Rule 144A private placement. The trusts invested the proceeds from the sale of the trust securities in portfolios of principal and/or interest strips of U.S. Treasury securities. The facility agreements provide Prudential Financial the right to issue and sell to the trusts from time to time up to $ 800 million of 5.791 % senior notes due February 15, 2033 and $ 700 million of 5.997 % senior notes due February 15, 2053, and receive in exchange a corresponding amount of the U.S. Treasury securities held by the trusts. In return, the Company agreed to pay semi-annual facility fees to the trusts at rates of 1.815 % and 2.066 % per annum for the ten-year and thirty-year facilities, respectively, applied to the maximum amount of senior notes that the Company could issue and sell to the trusts. </context> | us-gaap:DebtInstrumentInterestRateEffectivePercentage |
Amount includes $ 6.9 billion of surplus notes used to finance Guideline AXXX reserves for business reinsured to Somerset Re in March 2024. See Note 15 for additional information. | text | 6.9 | monetaryItemType | text: <entity> 6.9 </entity> <entity type> monetaryItemType </entity type> <context> Amount includes $ 6.9 billion of surplus notes used to finance Guideline AXXX reserves for business reinsured to Somerset Re in March 2024. See Note 15 for additional information. </context> | us-gaap:DebtInstrumentCarryingAmount |
Includes $ 100 million and $ 27 million of debt denominated in foreign currency at December 31, 2024 and 2023, respectively. | text | 100 | monetaryItemType | text: <entity> 100 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 100 million and $ 27 million of debt denominated in foreign currency at December 31, 2024 and 2023, respectively. </context> | us-gaap:DebtInstrumentCarryingAmount |
Includes $ 100 million and $ 27 million of debt denominated in foreign currency at December 31, 2024 and 2023, respectively. | text | 27 | monetaryItemType | text: <entity> 27 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 100 million and $ 27 million of debt denominated in foreign currency at December 31, 2024 and 2023, respectively. </context> | us-gaap:DebtInstrumentCarryingAmount |
Includes Prudential Financial debt of $ 8,548 million and subsidiary debt of $ 39 million denominated in foreign currency at December 31, 2024. | text | 8548 | monetaryItemType | text: <entity> 8548 </entity> <entity type> monetaryItemType </entity type> <context> Includes Prudential Financial debt of $ 8,548 million and subsidiary debt of $ 39 million denominated in foreign currency at December 31, 2024. </context> | us-gaap:DebtInstrumentCarryingAmount |
Includes Prudential Financial debt of $ 8,548 million and subsidiary debt of $ 39 million denominated in foreign currency at December 31, 2024. | text | 39 | monetaryItemType | text: <entity> 39 </entity> <entity type> monetaryItemType </entity type> <context> Includes Prudential Financial debt of $ 8,548 million and subsidiary debt of $ 39 million denominated in foreign currency at December 31, 2024. </context> | us-gaap:DebtInstrumentCarryingAmount |
Includes Prudential Financial debt of $ 18,793 million and $ 18,162 million at December 31, 2024 and 2023, respectively. | text | 18793 | monetaryItemType | text: <entity> 18793 </entity> <entity type> monetaryItemType </entity type> <context> Includes Prudential Financial debt of $ 18,793 million and $ 18,162 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DebtInstrumentCarryingAmount |
Includes Prudential Financial debt of $ 18,793 million and $ 18,162 million at December 31, 2024 and 2023, respectively. | text | 18162 | monetaryItemType | text: <entity> 18162 </entity> <entity type> monetaryItemType </entity type> <context> Includes Prudential Financial debt of $ 18,793 million and $ 18,162 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DebtInstrumentCarryingAmount |
Includes $ 85 million of notes from current portion of long-term debt as of December 31, 2024. | text | 85 | monetaryItemType | text: <entity> 85 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 85 million of notes from current portion of long-term debt as of December 31, 2024. </context> | us-gaap:ShortTermBorrowings |
Retail Notes, including the effect of interest rate hedging activity, was 4.43 % for both the years ended December 31, 2024 and 2023, excluding the effect of debt issued to consolidated subsidiaries. | text | 4.43 | percentItemType | text: <entity> 4.43 </entity> <entity type> percentItemType </entity type> <context> Retail Notes, including the effect of interest rate hedging activity, was 4.43 % for both the years ended December 31, 2024 and 2023, excluding the effect of debt issued to consolidated subsidiaries. </context> | us-gaap:LongtermDebtWeightedAverageInterestRate |
As of December 31, 2024, PICA had $ 347 million of fixed-rate surplus notes outstanding. These notes are subordinated to other PICA borrowings and policyholder obligations, and the payment of interest and principal may only be made with the prior approval of the NJDOBI. The NJDOBI could prohibit the payment of the interest and principal on the surplus notes if certain statutory capital requirements are not met. At December 31, 2024 and 2023, the Company met these statutory capital requirements. | text | 347 | monetaryItemType | text: <entity> 347 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, PICA had $ 347 million of fixed-rate surplus notes outstanding. These notes are subordinated to other PICA borrowings and policyholder obligations, and the payment of interest and principal may only be made with the prior approval of the NJDOBI. The NJDOBI could prohibit the payment of the interest and principal on the surplus notes if certain statutory capital requirements are not met. At December 31, 2024 and 2023, the Company met these statutory capital requirements. </context> | us-gaap:LongTermDebtNoncurrent |
(2) The spread incorporates the contractual LIBOR-based spread and a 0.26 % tenor spread adjustment. | text | 0.26 | percentItemType | text: <entity> 0.26 </entity> <entity type> percentItemType </entity type> <context> (2) The spread incorporates the contractual LIBOR-based spread and a 0.26 % tenor spread adjustment. </context> | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
In order to manage exposure to interest rate and currency exchange rate movements, the Company utilizes derivative instruments, primarily interest rate swaps, in conjunction with some of its debt issuances. The impact of these derivative instruments is not reflected in the rates presented in the tables above. For those derivative instruments that qualify for hedge accounting, interest expense was $ 0 million for both the years ended December 31, 2024 and 2023, and less than $ 1 million for the year ended December 31, 2022. See Note 5 for additional information regarding the Company’s use of derivative instruments. | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> In order to manage exposure to interest rate and currency exchange rate movements, the Company utilizes derivative instruments, primarily interest rate swaps, in conjunction with some of its debt issuances. The impact of these derivative instruments is not reflected in the rates presented in the tables above. For those derivative instruments that qualify for hedge accounting, interest expense was $ 0 million for both the years ended December 31, 2024 and 2023, and less than $ 1 million for the year ended December 31, 2022. See Note 5 for additional information regarding the Company’s use of derivative instruments. </context> | us-gaap:InterestExpense |
In addition to the plan assets above, the Company in 2007 established an irrevocable trust, commonly referred to as a “rabbi trust,” for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain non-qualified retirement plans ($ 861 million and $ 893 million benefit obligation at December 31, 2024 and 2023, respectively). Assets held in the rabbi trust are available to the general creditors of the Company in the event of insolvency or bankruptcy. The Company may from time to time in its discretion make contributions to the trust to fund accrued benefits payable to participants in one or more of the plans, and, in the case of a change in control of the Company, as defined in the trust agreement, the Company will be required to make contributions to the trust to fund the accrued benefits, vested and unvested, payable on a pre-tax basis to participants in the plans. In addition, the Company may from time to time at its discretion make a withdrawal from or request a policy loan through the trust to fund operational or capital needs. The Company requested policy loans through the trust of $ 0 million and $ 900 million in 2024 and 2023, respectively. The Company did not make any | text | 861 | monetaryItemType | text: <entity> 861 </entity> <entity type> monetaryItemType </entity type> <context> In addition to the plan assets above, the Company in 2007 established an irrevocable trust, commonly referred to as a “rabbi trust,” for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain non-qualified retirement plans ($ 861 million and $ 893 million benefit obligation at December 31, 2024 and 2023, respectively). Assets held in the rabbi trust are available to the general creditors of the Company in the event of insolvency or bankruptcy. The Company may from time to time in its discretion make contributions to the trust to fund accrued benefits payable to participants in one or more of the plans, and, in the case of a change in control of the Company, as defined in the trust agreement, the Company will be required to make contributions to the trust to fund the accrued benefits, vested and unvested, payable on a pre-tax basis to participants in the plans. In addition, the Company may from time to time at its discretion make a withdrawal from or request a policy loan through the trust to fund operational or capital needs. The Company requested policy loans through the trust of $ 0 million and $ 900 million in 2024 and 2023, respectively. The Company did not make any </context> | us-gaap:DefinedBenefitPlanBenefitObligation |
In addition to the plan assets above, the Company in 2007 established an irrevocable trust, commonly referred to as a “rabbi trust,” for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain non-qualified retirement plans ($ 861 million and $ 893 million benefit obligation at December 31, 2024 and 2023, respectively). Assets held in the rabbi trust are available to the general creditors of the Company in the event of insolvency or bankruptcy. The Company may from time to time in its discretion make contributions to the trust to fund accrued benefits payable to participants in one or more of the plans, and, in the case of a change in control of the Company, as defined in the trust agreement, the Company will be required to make contributions to the trust to fund the accrued benefits, vested and unvested, payable on a pre-tax basis to participants in the plans. In addition, the Company may from time to time at its discretion make a withdrawal from or request a policy loan through the trust to fund operational or capital needs. The Company requested policy loans through the trust of $ 0 million and $ 900 million in 2024 and 2023, respectively. The Company did not make any | text | 893 | monetaryItemType | text: <entity> 893 </entity> <entity type> monetaryItemType </entity type> <context> In addition to the plan assets above, the Company in 2007 established an irrevocable trust, commonly referred to as a “rabbi trust,” for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain non-qualified retirement plans ($ 861 million and $ 893 million benefit obligation at December 31, 2024 and 2023, respectively). Assets held in the rabbi trust are available to the general creditors of the Company in the event of insolvency or bankruptcy. The Company may from time to time in its discretion make contributions to the trust to fund accrued benefits payable to participants in one or more of the plans, and, in the case of a change in control of the Company, as defined in the trust agreement, the Company will be required to make contributions to the trust to fund the accrued benefits, vested and unvested, payable on a pre-tax basis to participants in the plans. In addition, the Company may from time to time at its discretion make a withdrawal from or request a policy loan through the trust to fund operational or capital needs. The Company requested policy loans through the trust of $ 0 million and $ 900 million in 2024 and 2023, respectively. The Company did not make any </context> | us-gaap:DefinedBenefitPlanBenefitObligation |
In addition to the plan assets above, the Company in 2007 established an irrevocable trust, commonly referred to as a “rabbi trust,” for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain non-qualified retirement plans ($ 861 million and $ 893 million benefit obligation at December 31, 2024 and 2023, respectively). Assets held in the rabbi trust are available to the general creditors of the Company in the event of insolvency or bankruptcy. The Company may from time to time in its discretion make contributions to the trust to fund accrued benefits payable to participants in one or more of the plans, and, in the case of a change in control of the Company, as defined in the trust agreement, the Company will be required to make contributions to the trust to fund the accrued benefits, vested and unvested, payable on a pre-tax basis to participants in the plans. In addition, the Company may from time to time at its discretion make a withdrawal from or request a policy loan through the trust to fund operational or capital needs. The Company requested policy loans through the trust of $ 0 million and $ 900 million in 2024 and 2023, respectively. The Company did not make any | text | 0 million | monetaryItemType | text: <entity> 0 million </entity> <entity type> monetaryItemType </entity type> <context> In addition to the plan assets above, the Company in 2007 established an irrevocable trust, commonly referred to as a “rabbi trust,” for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain non-qualified retirement plans ($ 861 million and $ 893 million benefit obligation at December 31, 2024 and 2023, respectively). Assets held in the rabbi trust are available to the general creditors of the Company in the event of insolvency or bankruptcy. The Company may from time to time in its discretion make contributions to the trust to fund accrued benefits payable to participants in one or more of the plans, and, in the case of a change in control of the Company, as defined in the trust agreement, the Company will be required to make contributions to the trust to fund the accrued benefits, vested and unvested, payable on a pre-tax basis to participants in the plans. In addition, the Company may from time to time at its discretion make a withdrawal from or request a policy loan through the trust to fund operational or capital needs. The Company requested policy loans through the trust of $ 0 million and $ 900 million in 2024 and 2023, respectively. The Company did not make any </context> | us-gaap:LoansInsurancePolicy |
In addition to the plan assets above, the Company in 2007 established an irrevocable trust, commonly referred to as a “rabbi trust,” for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain non-qualified retirement plans ($ 861 million and $ 893 million benefit obligation at December 31, 2024 and 2023, respectively). Assets held in the rabbi trust are available to the general creditors of the Company in the event of insolvency or bankruptcy. The Company may from time to time in its discretion make contributions to the trust to fund accrued benefits payable to participants in one or more of the plans, and, in the case of a change in control of the Company, as defined in the trust agreement, the Company will be required to make contributions to the trust to fund the accrued benefits, vested and unvested, payable on a pre-tax basis to participants in the plans. In addition, the Company may from time to time at its discretion make a withdrawal from or request a policy loan through the trust to fund operational or capital needs. The Company requested policy loans through the trust of $ 0 million and $ 900 million in 2024 and 2023, respectively. The Company did not make any | text | 900 | monetaryItemType | text: <entity> 900 </entity> <entity type> monetaryItemType </entity type> <context> In addition to the plan assets above, the Company in 2007 established an irrevocable trust, commonly referred to as a “rabbi trust,” for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain non-qualified retirement plans ($ 861 million and $ 893 million benefit obligation at December 31, 2024 and 2023, respectively). Assets held in the rabbi trust are available to the general creditors of the Company in the event of insolvency or bankruptcy. The Company may from time to time in its discretion make contributions to the trust to fund accrued benefits payable to participants in one or more of the plans, and, in the case of a change in control of the Company, as defined in the trust agreement, the Company will be required to make contributions to the trust to fund the accrued benefits, vested and unvested, payable on a pre-tax basis to participants in the plans. In addition, the Company may from time to time at its discretion make a withdrawal from or request a policy loan through the trust to fund operational or capital needs. The Company requested policy loans through the trust of $ 0 million and $ 900 million in 2024 and 2023, respectively. The Company did not make any </context> | us-gaap:LoansInsurancePolicy |
discretionary payments to the trust or receive any withdrawals from the trust in either 2024 or 2023. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 157 million and $ 118 million, respectively. | text | 157 | monetaryItemType | text: <entity> 157 </entity> <entity type> monetaryItemType </entity type> <context> discretionary payments to the trust or receive any withdrawals from the trust in either 2024 or 2023. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 157 million and $ 118 million, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
discretionary payments to the trust or receive any withdrawals from the trust in either 2024 or 2023. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 157 million and $ 118 million, respectively. | text | 118 | monetaryItemType | text: <entity> 118 </entity> <entity type> monetaryItemType </entity type> <context> discretionary payments to the trust or receive any withdrawals from the trust in either 2024 or 2023. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 157 million and $ 118 million, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The Company also maintains a separate rabbi trust for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain other non-qualified retirement plans ($ 51 million and $ 57 million benefit obligation at December 31, 2024 and 2023, respectively), as well as certain cash-based deferred compensation arrangements. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 75 million and $ 77 million, respectively. | text | 51 | monetaryItemType | text: <entity> 51 </entity> <entity type> monetaryItemType </entity type> <context> The Company also maintains a separate rabbi trust for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain other non-qualified retirement plans ($ 51 million and $ 57 million benefit obligation at December 31, 2024 and 2023, respectively), as well as certain cash-based deferred compensation arrangements. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 75 million and $ 77 million, respectively. </context> | us-gaap:DefinedBenefitPlanBenefitObligation |
The Company also maintains a separate rabbi trust for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain other non-qualified retirement plans ($ 51 million and $ 57 million benefit obligation at December 31, 2024 and 2023, respectively), as well as certain cash-based deferred compensation arrangements. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 75 million and $ 77 million, respectively. | text | 57 | monetaryItemType | text: <entity> 57 </entity> <entity type> monetaryItemType </entity type> <context> The Company also maintains a separate rabbi trust for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain other non-qualified retirement plans ($ 51 million and $ 57 million benefit obligation at December 31, 2024 and 2023, respectively), as well as certain cash-based deferred compensation arrangements. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 75 million and $ 77 million, respectively. </context> | us-gaap:DefinedBenefitPlanBenefitObligation |
The Company also maintains a separate rabbi trust for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain other non-qualified retirement plans ($ 51 million and $ 57 million benefit obligation at December 31, 2024 and 2023, respectively), as well as certain cash-based deferred compensation arrangements. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 75 million and $ 77 million, respectively. | text | 75 | monetaryItemType | text: <entity> 75 </entity> <entity type> monetaryItemType </entity type> <context> The Company also maintains a separate rabbi trust for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain other non-qualified retirement plans ($ 51 million and $ 57 million benefit obligation at December 31, 2024 and 2023, respectively), as well as certain cash-based deferred compensation arrangements. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 75 million and $ 77 million, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The Company also maintains a separate rabbi trust for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain other non-qualified retirement plans ($ 51 million and $ 57 million benefit obligation at December 31, 2024 and 2023, respectively), as well as certain cash-based deferred compensation arrangements. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 75 million and $ 77 million, respectively. | text | 77 | monetaryItemType | text: <entity> 77 </entity> <entity type> monetaryItemType </entity type> <context> The Company also maintains a separate rabbi trust for the purpose of holding assets of the Company to be used to satisfy its obligations with respect to certain other non-qualified retirement plans ($ 51 million and $ 57 million benefit obligation at December 31, 2024 and 2023, respectively), as well as certain cash-based deferred compensation arrangements. As of December 31, 2024 and 2023, the assets in the trust had a carrying value of $ 75 million and $ 77 million, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
Pension benefits for foreign plans comprised 10 % and 11 % of the ending benefit obligation for 2024 and 2023, respectively. Foreign pension plans comprised 3 % of the ending fair value of plan assets for both 2024 and 2023, respectively. There are no material foreign postretirement plans. | text | 10 | percentItemType | text: <entity> 10 </entity> <entity type> percentItemType </entity type> <context> Pension benefits for foreign plans comprised 10 % and 11 % of the ending benefit obligation for 2024 and 2023, respectively. Foreign pension plans comprised 3 % of the ending fair value of plan assets for both 2024 and 2023, respectively. There are no material foreign postretirement plans. </context> | us-gaap:DefinedBenefitPlanFundedPercentage |
Pension benefits for foreign plans comprised 10 % and 11 % of the ending benefit obligation for 2024 and 2023, respectively. Foreign pension plans comprised 3 % of the ending fair value of plan assets for both 2024 and 2023, respectively. There are no material foreign postretirement plans. | text | 11 | percentItemType | text: <entity> 11 </entity> <entity type> percentItemType </entity type> <context> Pension benefits for foreign plans comprised 10 % and 11 % of the ending benefit obligation for 2024 and 2023, respectively. Foreign pension plans comprised 3 % of the ending fair value of plan assets for both 2024 and 2023, respectively. There are no material foreign postretirement plans. </context> | us-gaap:DefinedBenefitPlanFundedPercentage |
Pension benefits for foreign plans comprised 10 % and 11 % of the ending benefit obligation for 2024 and 2023, respectively. Foreign pension plans comprised 3 % of the ending fair value of plan assets for both 2024 and 2023, respectively. There are no material foreign postretirement plans. | text | 3 | percentItemType | text: <entity> 3 </entity> <entity type> percentItemType </entity type> <context> Pension benefits for foreign plans comprised 10 % and 11 % of the ending benefit obligation for 2024 and 2023, respectively. Foreign pension plans comprised 3 % of the ending fair value of plan assets for both 2024 and 2023, respectively. There are no material foreign postretirement plans. </context> | us-gaap:DefinedBenefitPlanWeightedAverageAssetAllocations |
The Company applied a similar approach to the determination of the expected rate of return on plan assets in 2025. The expected rate of return for 2025 is 8.00 % and 6.50 % for pension and postretirement, respectively. | text | 8.00 | percentItemType | text: <entity> 8.00 </entity> <entity type> percentItemType </entity type> <context> The Company applied a similar approach to the determination of the expected rate of return on plan assets in 2025. The expected rate of return for 2025 is 8.00 % and 6.50 % for pension and postretirement, respectively. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets |
The Company applied a similar approach to the determination of the expected rate of return on plan assets in 2025. The expected rate of return for 2025 is 8.00 % and 6.50 % for pension and postretirement, respectively. | text | 6.50 | percentItemType | text: <entity> 6.50 </entity> <entity type> percentItemType </entity type> <context> The Company applied a similar approach to the determination of the expected rate of return on plan assets in 2025. The expected rate of return for 2025 is 8.00 % and 6.50 % for pension and postretirement, respectively. </context> | us-gaap:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets |
Interest rate swaps notional amount is $ 1,227 million for the years ended December 31, 2024 and 2023. | text | 1227 | monetaryItemType | text: <entity> 1227 </entity> <entity type> monetaryItemType </entity type> <context> Interest rate swaps notional amount is $ 1,227 million for the years ended December 31, 2024 and 2023. </context> | us-gaap:DerivativeNotionalAmount |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 37 | monetaryItemType | text: <entity> 37 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 63 | monetaryItemType | text: <entity> 63 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 185 | monetaryItemType | text: <entity> 185 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 237 | monetaryItemType | text: <entity> 237 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 2186 | monetaryItemType | text: <entity> 2186 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 2249 | monetaryItemType | text: <entity> 2249 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 67 | monetaryItemType | text: <entity> 67 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 118 | monetaryItemType | text: <entity> 118 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 510 | monetaryItemType | text: <entity> 510 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. | text | 626 | monetaryItemType | text: <entity> 626 </entity> <entity type> monetaryItemType </entity type> <context> The pension plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value. U.S. equities totaled $ 37 million and $ 63 million at December 31, 2024 and 2023, respectively. International equities totaled $ 185 million and $ 237 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 2,186 million and $ 2,249 million at December 31, 2024 and 2023, respectively. Short-term investments totaled $ 67 million and $ 118 million at December 31, 2024 and 2023, respectively. Real estate totaled $ 510 million and $ 626 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. | text | 192 | monetaryItemType | text: <entity> 192 </entity> <entity type> monetaryItemType </entity type> <context> The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. | text | 351 | monetaryItemType | text: <entity> 351 </entity> <entity type> monetaryItemType </entity type> <context> The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. | text | 99 | monetaryItemType | text: <entity> 99 </entity> <entity type> monetaryItemType </entity type> <context> The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. | text | 88 | monetaryItemType | text: <entity> 88 </entity> <entity type> monetaryItemType </entity type> <context> The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. | text | 652 | monetaryItemType | text: <entity> 652 </entity> <entity type> monetaryItemType </entity type> <context> The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. | text | 660 | monetaryItemType | text: <entity> 660 </entity> <entity type> monetaryItemType </entity type> <context> The postretirement plan excludes from the fair value hierarchy investments that are measured at NAV per share (or its equivalent) as a practical expedient to estimate fair value and Variable Life Insurance Policies valued at contract value. U.S. equities totaled $ 192 million and $ 351 million at December 31, 2024 and 2023, respectively. International equities totaled $ 99 million and $ 88 million at December 31, 2024 and 2023, respectively. Fixed maturities totaled $ 652 million and $ 660 million at December 31, 2024 and 2023, respectively. </context> | us-gaap:DefinedBenefitPlanFairValueOfPlanAssets |
The Company anticipates that it will make cash contributions in 2025 of approximately $ 160 million to the pension plans and approximately $ 10 million to the postretirement plans. | text | 160 | monetaryItemType | text: <entity> 160 </entity> <entity type> monetaryItemType </entity type> <context> The Company anticipates that it will make cash contributions in 2025 of approximately $ 160 million to the pension plans and approximately $ 10 million to the postretirement plans. </context> | us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear |
The Company anticipates that it will make cash contributions in 2025 of approximately $ 160 million to the pension plans and approximately $ 10 million to the postretirement plans. | text | 10 | monetaryItemType | text: <entity> 10 </entity> <entity type> monetaryItemType </entity type> <context> The Company anticipates that it will make cash contributions in 2025 of approximately $ 160 million to the pension plans and approximately $ 10 million to the postretirement plans. </context> | us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear |
The Company accrues postemployment benefits for income continuance and health and life benefits provided to former or inactive employees who are not retirees. The net accumulated liability for these benefits at December 31, 2024 and 2023 was $ 30 million and $ 27 million, respectively, and is included in “Other liabilities.” | text | 30 | monetaryItemType | text: <entity> 30 </entity> <entity type> monetaryItemType </entity type> <context> The Company accrues postemployment benefits for income continuance and health and life benefits provided to former or inactive employees who are not retirees. The net accumulated liability for these benefits at December 31, 2024 and 2023 was $ 30 million and $ 27 million, respectively, and is included in “Other liabilities.” </context> | us-gaap:PostemploymentBenefitsLiabilityCurrentAndNoncurrent |
The Company accrues postemployment benefits for income continuance and health and life benefits provided to former or inactive employees who are not retirees. The net accumulated liability for these benefits at December 31, 2024 and 2023 was $ 30 million and $ 27 million, respectively, and is included in “Other liabilities.” | text | 27 | monetaryItemType | text: <entity> 27 </entity> <entity type> monetaryItemType </entity type> <context> The Company accrues postemployment benefits for income continuance and health and life benefits provided to former or inactive employees who are not retirees. The net accumulated liability for these benefits at December 31, 2024 and 2023 was $ 30 million and $ 27 million, respectively, and is included in “Other liabilities.” </context> | us-gaap:PostemploymentBenefitsLiabilityCurrentAndNoncurrent |
The Company sponsors voluntary savings plans for employees (401(k) plans). The plans provide for salary reduction contributions by employees and matching contributions by the Company of up to 4 % of annual salary. The matching contributions by the Company included in “General and administrative expenses” were $ 87 million, $ 79 million and $ 77 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 4 | percentItemType | text: <entity> 4 </entity> <entity type> percentItemType </entity type> <context> The Company sponsors voluntary savings plans for employees (401(k) plans). The plans provide for salary reduction contributions by employees and matching contributions by the Company of up to 4 % of annual salary. The matching contributions by the Company included in “General and administrative expenses” were $ 87 million, $ 79 million and $ 77 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:DefinedContributionPlanEmployerMatchingContributionPercent |
The Company sponsors voluntary savings plans for employees (401(k) plans). The plans provide for salary reduction contributions by employees and matching contributions by the Company of up to 4 % of annual salary. The matching contributions by the Company included in “General and administrative expenses” were $ 87 million, $ 79 million and $ 77 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 87 | monetaryItemType | text: <entity> 87 </entity> <entity type> monetaryItemType </entity type> <context> The Company sponsors voluntary savings plans for employees (401(k) plans). The plans provide for salary reduction contributions by employees and matching contributions by the Company of up to 4 % of annual salary. The matching contributions by the Company included in “General and administrative expenses” were $ 87 million, $ 79 million and $ 77 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:DefinedContributionPlanCostRecognized |
The Company sponsors voluntary savings plans for employees (401(k) plans). The plans provide for salary reduction contributions by employees and matching contributions by the Company of up to 4 % of annual salary. The matching contributions by the Company included in “General and administrative expenses” were $ 87 million, $ 79 million and $ 77 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 79 | monetaryItemType | text: <entity> 79 </entity> <entity type> monetaryItemType </entity type> <context> The Company sponsors voluntary savings plans for employees (401(k) plans). The plans provide for salary reduction contributions by employees and matching contributions by the Company of up to 4 % of annual salary. The matching contributions by the Company included in “General and administrative expenses” were $ 87 million, $ 79 million and $ 77 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:DefinedContributionPlanCostRecognized |
The Company sponsors voluntary savings plans for employees (401(k) plans). The plans provide for salary reduction contributions by employees and matching contributions by the Company of up to 4 % of annual salary. The matching contributions by the Company included in “General and administrative expenses” were $ 87 million, $ 79 million and $ 77 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 77 | monetaryItemType | text: <entity> 77 </entity> <entity type> monetaryItemType </entity type> <context> The Company sponsors voluntary savings plans for employees (401(k) plans). The plans provide for salary reduction contributions by employees and matching contributions by the Company of up to 4 % of annual salary. The matching contributions by the Company included in “General and administrative expenses” were $ 87 million, $ 79 million and $ 77 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:DefinedContributionPlanCostRecognized |
“Additional paid-in capital” primarily consists of the cumulative excess between: (a) the total cash received by the Company in conjunction with past issuances of Common Stock shares or Common Stock shares reissued from treasury in conjunction with the Company’s stock-based compensation program and (b) the total par value associated with those shares ($ .01 per share). | text | .01 | perShareItemType | text: <entity> .01 </entity> <entity type> perShareItemType </entity type> <context> “Additional paid-in capital” primarily consists of the cumulative excess between: (a) the total cash received by the Company in conjunction with past issuances of Common Stock shares or Common Stock shares reissued from treasury in conjunction with the Company’s stock-based compensation program and (b) the total par value associated with those shares ($ .01 per share). </context> | us-gaap:CommonStockParOrStatedValuePerShare |
below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. | text | 3444 | monetaryItemType | text: <entity> 3444 </entity> <entity type> monetaryItemType </entity type> <context> below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. </context> | us-gaap:StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPayments |
below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. | text | 1575 | monetaryItemType | text: <entity> 1575 </entity> <entity type> monetaryItemType </entity type> <context> below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. </context> | us-gaap:StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval |
below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. | text | 275 | monetaryItemType | text: <entity> 275 </entity> <entity type> monetaryItemType </entity type> <context> below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. </context> | us-gaap:StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval |
below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. | text | 400 | monetaryItemType | text: <entity> 400 </entity> <entity type> monetaryItemType </entity type> <context> below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. </context> | us-gaap:StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval |
below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. | text | 900 | monetaryItemType | text: <entity> 900 </entity> <entity type> monetaryItemType </entity type> <context> below), all dividends or other distributions paid by PICA may be paid only from unassigned surplus, as determined pursuant to statutory accounting principles, less cumulative unrealized investment gains and losses and revaluation of assets as of the prior calendar year-end. As of December 31, 2024, PICA’s unassigned surplus less applicable adjustments for cumulative unrealized investment gains was $ 3,444 million. PICA must give prior notification to the NJDOBI of its intent to pay any such dividend or distribution. Also, if any dividend, together with other dividends or distributions made within the preceding twelve months, exceeds the greater of (i) 10 % of statutory capital and surplus as of the preceding December 31 or (ii) its statutory net gain from operations excluding realized investment gains and losses for the twelve-month period ending on the preceding December 31, the dividend is considered to be an “extraordinary dividend” and requires the prior approval of the NJDOBI. Under New Jersey insurance law, PICA is permitted to pay an ordinary dividend of up to $ 1,575 million in 2025, without prior approval of the NJDOBI. Of the $ 1,575 million, $ 275 million is permitted to be paid after March 28, 2025, an additional $ 400 million is permitted to be paid after June 27, 2025 and the remaining $ 900 million is permitted to be paid after December 27, 2025, without prior approval of the NJDOBI. </context> | us-gaap:StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval |
For the year ended December 31, 2024, Prudential Financial received $ 585 million from its international insurance subsidiaries and $ 800 million from a holding company. In addition to paying Common Stock dividends, the Company’s international insurance operations may return capital to Prudential Financial through, or facilitated by, other means, such as the repayment of Preferred Stock obligations held by Prudential Financial or other affiliates, affiliated lending, affiliated derivatives and reinsurance with U.S.- and Bermuda-based affiliates. The Company’s Japan insurance operations have entered into reinsurance agreements with Gibraltar Re, the Company’s Bermuda-based reinsurance affiliate, as well as with the Company’s domestic insurance operations to reinsure the mortality and morbidity risk associated with a portion of the in-force contracts as well as newly-issued contracts for certain products. The Company expects these transactions will allow it to more efficiently manage its capital and risk profile. The current regulatory fiscal year end for both Prudential of Japan and Gibraltar Life is March 31, 2025, after which time the common stock dividend amount permitted to be paid without prior approval from the FSA can be determined. | text | 585 | monetaryItemType | text: <entity> 585 </entity> <entity type> monetaryItemType </entity type> <context> For the year ended December 31, 2024, Prudential Financial received $ 585 million from its international insurance subsidiaries and $ 800 million from a holding company. In addition to paying Common Stock dividends, the Company’s international insurance operations may return capital to Prudential Financial through, or facilitated by, other means, such as the repayment of Preferred Stock obligations held by Prudential Financial or other affiliates, affiliated lending, affiliated derivatives and reinsurance with U.S.- and Bermuda-based affiliates. The Company’s Japan insurance operations have entered into reinsurance agreements with Gibraltar Re, the Company’s Bermuda-based reinsurance affiliate, as well as with the Company’s domestic insurance operations to reinsure the mortality and morbidity risk associated with a portion of the in-force contracts as well as newly-issued contracts for certain products. The Company expects these transactions will allow it to more efficiently manage its capital and risk profile. The current regulatory fiscal year end for both Prudential of Japan and Gibraltar Life is March 31, 2025, after which time the common stock dividend amount permitted to be paid without prior approval from the FSA can be determined. </context> | us-gaap:ProceedsFromDividendsReceived |
For the year ended December 31, 2024, Prudential Financial received $ 585 million from its international insurance subsidiaries and $ 800 million from a holding company. In addition to paying Common Stock dividends, the Company’s international insurance operations may return capital to Prudential Financial through, or facilitated by, other means, such as the repayment of Preferred Stock obligations held by Prudential Financial or other affiliates, affiliated lending, affiliated derivatives and reinsurance with U.S.- and Bermuda-based affiliates. The Company’s Japan insurance operations have entered into reinsurance agreements with Gibraltar Re, the Company’s Bermuda-based reinsurance affiliate, as well as with the Company’s domestic insurance operations to reinsure the mortality and morbidity risk associated with a portion of the in-force contracts as well as newly-issued contracts for certain products. The Company expects these transactions will allow it to more efficiently manage its capital and risk profile. The current regulatory fiscal year end for both Prudential of Japan and Gibraltar Life is March 31, 2025, after which time the common stock dividend amount permitted to be paid without prior approval from the FSA can be determined. | text | 800 | monetaryItemType | text: <entity> 800 </entity> <entity type> monetaryItemType </entity type> <context> For the year ended December 31, 2024, Prudential Financial received $ 585 million from its international insurance subsidiaries and $ 800 million from a holding company. In addition to paying Common Stock dividends, the Company’s international insurance operations may return capital to Prudential Financial through, or facilitated by, other means, such as the repayment of Preferred Stock obligations held by Prudential Financial or other affiliates, affiliated lending, affiliated derivatives and reinsurance with U.S.- and Bermuda-based affiliates. The Company’s Japan insurance operations have entered into reinsurance agreements with Gibraltar Re, the Company’s Bermuda-based reinsurance affiliate, as well as with the Company’s domestic insurance operations to reinsure the mortality and morbidity risk associated with a portion of the in-force contracts as well as newly-issued contracts for certain products. The Company expects these transactions will allow it to more efficiently manage its capital and risk profile. The current regulatory fiscal year end for both Prudential of Japan and Gibraltar Life is March 31, 2025, after which time the common stock dividend amount permitted to be paid without prior approval from the FSA can be determined. </context> | us-gaap:ProceedsFromDividendsReceived |
Unvested share-based payment awards that contain nonforfeitable rights to dividends are participating securities and included in the computation of earnings per share pursuant to the two-class method. Under this method, earnings attributable to Prudential Financial are allocated between Common Stock and the participating awards, as if the awards were a second class of stock. During periods of net income available to holders of Common Stock, the calculation of earnings per share excludes the income attributable to participating securities in the numerator and the dilutive impact of these securities from the denominator. In the event of a net loss available to holders of Common Stock, undistributed earnings are not allocated to participating securities and the denominator excludes the dilutive impact of these securities as they do not share in the losses of the Company. Undistributed earnings allocated to participating unvested share-based payment awards for the years ended December 31, 2024, 2023 and 2022, as applicable, were based on 4.0 million, 4.1 million and 4.9 million of such awards, respectively, weighted for the period they were outstanding. | text | 4.0 | sharesItemType | text: <entity> 4.0 </entity> <entity type> sharesItemType </entity type> <context> Unvested share-based payment awards that contain nonforfeitable rights to dividends are participating securities and included in the computation of earnings per share pursuant to the two-class method. Under this method, earnings attributable to Prudential Financial are allocated between Common Stock and the participating awards, as if the awards were a second class of stock. During periods of net income available to holders of Common Stock, the calculation of earnings per share excludes the income attributable to participating securities in the numerator and the dilutive impact of these securities from the denominator. In the event of a net loss available to holders of Common Stock, undistributed earnings are not allocated to participating securities and the denominator excludes the dilutive impact of these securities as they do not share in the losses of the Company. Undistributed earnings allocated to participating unvested share-based payment awards for the years ended December 31, 2024, 2023 and 2022, as applicable, were based on 4.0 million, 4.1 million and 4.9 million of such awards, respectively, weighted for the period they were outstanding. </context> | us-gaap:IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights |
Unvested share-based payment awards that contain nonforfeitable rights to dividends are participating securities and included in the computation of earnings per share pursuant to the two-class method. Under this method, earnings attributable to Prudential Financial are allocated between Common Stock and the participating awards, as if the awards were a second class of stock. During periods of net income available to holders of Common Stock, the calculation of earnings per share excludes the income attributable to participating securities in the numerator and the dilutive impact of these securities from the denominator. In the event of a net loss available to holders of Common Stock, undistributed earnings are not allocated to participating securities and the denominator excludes the dilutive impact of these securities as they do not share in the losses of the Company. Undistributed earnings allocated to participating unvested share-based payment awards for the years ended December 31, 2024, 2023 and 2022, as applicable, were based on 4.0 million, 4.1 million and 4.9 million of such awards, respectively, weighted for the period they were outstanding. | text | 4.1 | sharesItemType | text: <entity> 4.1 </entity> <entity type> sharesItemType </entity type> <context> Unvested share-based payment awards that contain nonforfeitable rights to dividends are participating securities and included in the computation of earnings per share pursuant to the two-class method. Under this method, earnings attributable to Prudential Financial are allocated between Common Stock and the participating awards, as if the awards were a second class of stock. During periods of net income available to holders of Common Stock, the calculation of earnings per share excludes the income attributable to participating securities in the numerator and the dilutive impact of these securities from the denominator. In the event of a net loss available to holders of Common Stock, undistributed earnings are not allocated to participating securities and the denominator excludes the dilutive impact of these securities as they do not share in the losses of the Company. Undistributed earnings allocated to participating unvested share-based payment awards for the years ended December 31, 2024, 2023 and 2022, as applicable, were based on 4.0 million, 4.1 million and 4.9 million of such awards, respectively, weighted for the period they were outstanding. </context> | us-gaap:IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights |
Unvested share-based payment awards that contain nonforfeitable rights to dividends are participating securities and included in the computation of earnings per share pursuant to the two-class method. Under this method, earnings attributable to Prudential Financial are allocated between Common Stock and the participating awards, as if the awards were a second class of stock. During periods of net income available to holders of Common Stock, the calculation of earnings per share excludes the income attributable to participating securities in the numerator and the dilutive impact of these securities from the denominator. In the event of a net loss available to holders of Common Stock, undistributed earnings are not allocated to participating securities and the denominator excludes the dilutive impact of these securities as they do not share in the losses of the Company. Undistributed earnings allocated to participating unvested share-based payment awards for the years ended December 31, 2024, 2023 and 2022, as applicable, were based on 4.0 million, 4.1 million and 4.9 million of such awards, respectively, weighted for the period they were outstanding. | text | 4.9 | sharesItemType | text: <entity> 4.9 </entity> <entity type> sharesItemType </entity type> <context> Unvested share-based payment awards that contain nonforfeitable rights to dividends are participating securities and included in the computation of earnings per share pursuant to the two-class method. Under this method, earnings attributable to Prudential Financial are allocated between Common Stock and the participating awards, as if the awards were a second class of stock. During periods of net income available to holders of Common Stock, the calculation of earnings per share excludes the income attributable to participating securities in the numerator and the dilutive impact of these securities from the denominator. In the event of a net loss available to holders of Common Stock, undistributed earnings are not allocated to participating securities and the denominator excludes the dilutive impact of these securities as they do not share in the losses of the Company. Undistributed earnings allocated to participating unvested share-based payment awards for the years ended December 31, 2024, 2023 and 2022, as applicable, were based on 4.0 million, 4.1 million and 4.9 million of such awards, respectively, weighted for the period they were outstanding. </context> | us-gaap:IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights |
Prudential Financial, Inc.’s Omnibus Incentive Plan provides stock-based awards including stock options, stock appreciation rights, restricted stock shares, restricted stock units, stock settled performance shares, and cash settled performance units. Dividend equivalents are generally provided on restricted stock shares and restricted stock units outstanding as of the record date. Dividend equivalents are generally accrued on target performance shares and units outstanding as of the record date. These dividend equivalents are paid only on the performance shares and units released up to a maximum of the target number of shares and units awarded. Generally, the requisite service period is the vesting period. There were 13,684,720 authorized shares available for grant under the Omnibus Incentive Plan as of December 31, 2024. | text | 13684720 | sharesItemType | text: <entity> 13684720 </entity> <entity type> sharesItemType </entity type> <context> Prudential Financial, Inc.’s Omnibus Incentive Plan provides stock-based awards including stock options, stock appreciation rights, restricted stock shares, restricted stock units, stock settled performance shares, and cash settled performance units. Dividend equivalents are generally provided on restricted stock shares and restricted stock units outstanding as of the record date. Dividend equivalents are generally accrued on target performance shares and units outstanding as of the record date. These dividend equivalents are paid only on the performance shares and units released up to a maximum of the target number of shares and units awarded. Generally, the requisite service period is the vesting period. There were 13,684,720 authorized shares available for grant under the Omnibus Incentive Plan as of December 31, 2024. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant |
Compensation cost for employee stock options is based on the fair values estimated on the grant date. Under the Omnibus Incentive Plan, the fair value of each stock option award is estimated using a binomial option pricing model on the date of grant for stock options issued to employees. For the awards related to the AIQ acquisition, the fair value of each stock option award is based on its intrinsic value on the date of grant. There were no stock options granted in 2024, 2023 and 2022. | text | no | sharesItemType | text: <entity> no </entity> <entity type> sharesItemType </entity type> <context> Compensation cost for employee stock options is based on the fair values estimated on the grant date. Under the Omnibus Incentive Plan, the fair value of each stock option award is estimated using a binomial option pricing model on the date of grant for stock options issued to employees. For the awards related to the AIQ acquisition, the fair value of each stock option award is based on its intrinsic value on the date of grant. There were no stock options granted in 2024, 2023 and 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross |
On January 10, 2024, the Board of Directors of Prudential Financial, Inc. adopted certain modifications to the terms and conditions of performance shares granted in 2021, 2022, and 2023. These modifications 1) mitigate the impact of outsized interest rate volatility, both positive and negative, as it relates to achieving adjusted book value per share growth goals, and 2) reduce certain book value per share goals and maximum payout opportunities. The impact from these modifications increased shares to be delivered to 161 employees across all three performance plans by a total of approximately 600,000 shares. In addition, total compensation costs resulting from these modifications increased by approximately $ 62 million. | text | 161 | integerItemType | text: <entity> 161 </entity> <entity type> integerItemType </entity type> <context> On January 10, 2024, the Board of Directors of Prudential Financial, Inc. adopted certain modifications to the terms and conditions of performance shares granted in 2021, 2022, and 2023. These modifications 1) mitigate the impact of outsized interest rate volatility, both positive and negative, as it relates to achieving adjusted book value per share growth goals, and 2) reduce certain book value per share goals and maximum payout opportunities. The impact from these modifications increased shares to be delivered to 161 employees across all three performance plans by a total of approximately 600,000 shares. In addition, total compensation costs resulting from these modifications increased by approximately $ 62 million. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationNumberOfEmployeesAffected |
On January 10, 2024, the Board of Directors of Prudential Financial, Inc. adopted certain modifications to the terms and conditions of performance shares granted in 2021, 2022, and 2023. These modifications 1) mitigate the impact of outsized interest rate volatility, both positive and negative, as it relates to achieving adjusted book value per share growth goals, and 2) reduce certain book value per share goals and maximum payout opportunities. The impact from these modifications increased shares to be delivered to 161 employees across all three performance plans by a total of approximately 600,000 shares. In addition, total compensation costs resulting from these modifications increased by approximately $ 62 million. | text | 600000 | sharesItemType | text: <entity> 600000 </entity> <entity type> sharesItemType </entity type> <context> On January 10, 2024, the Board of Directors of Prudential Financial, Inc. adopted certain modifications to the terms and conditions of performance shares granted in 2021, 2022, and 2023. These modifications 1) mitigate the impact of outsized interest rate volatility, both positive and negative, as it relates to achieving adjusted book value per share growth goals, and 2) reduce certain book value per share goals and maximum payout opportunities. The impact from these modifications increased shares to be delivered to 161 employees across all three performance plans by a total of approximately 600,000 shares. In addition, total compensation costs resulting from these modifications increased by approximately $ 62 million. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod |
On January 10, 2024, the Board of Directors of Prudential Financial, Inc. adopted certain modifications to the terms and conditions of performance shares granted in 2021, 2022, and 2023. These modifications 1) mitigate the impact of outsized interest rate volatility, both positive and negative, as it relates to achieving adjusted book value per share growth goals, and 2) reduce certain book value per share goals and maximum payout opportunities. The impact from these modifications increased shares to be delivered to 161 employees across all three performance plans by a total of approximately 600,000 shares. In addition, total compensation costs resulting from these modifications increased by approximately $ 62 million. | text | 62 | monetaryItemType | text: <entity> 62 </entity> <entity type> monetaryItemType </entity type> <context> On January 10, 2024, the Board of Directors of Prudential Financial, Inc. adopted certain modifications to the terms and conditions of performance shares granted in 2021, 2022, and 2023. These modifications 1) mitigate the impact of outsized interest rate volatility, both positive and negative, as it relates to achieving adjusted book value per share growth goals, and 2) reduce certain book value per share goals and maximum payout opportunities. The impact from these modifications increased shares to be delivered to 161 employees across all three performance plans by a total of approximately 600,000 shares. In addition, total compensation costs resulting from these modifications increased by approximately $ 62 million. </context> | us-gaap:AllocatedShareBasedCompensationExpense |
The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. | text | 26 | monetaryItemType | text: <entity> 26 </entity> <entity type> monetaryItemType </entity type> <context> The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. | text | 8 | monetaryItemType | text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. | text | 33 | monetaryItemType | text: <entity> 33 </entity> <entity type> monetaryItemType </entity type> <context> The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. | text | 2 | monetaryItemType | text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. | text | 3 | monetaryItemType | text: <entity> 3 </entity> <entity type> monetaryItemType </entity type> <context> The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. | text | 15 | monetaryItemType | text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> The total intrinsic value (i.e., market price of the stock less the option exercise price) of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 26 million, $ 8 million, and $ 33 million, respectively. For the AIQ acquisition related awards, the total intrinsic value of employee stock options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 2 million, $ 3 million and $ 15 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. | text | 302 | monetaryItemType | text: <entity> 302 </entity> <entity type> monetaryItemType </entity type> <context> The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. | text | 360 | monetaryItemType | text: <entity> 360 </entity> <entity type> monetaryItemType </entity type> <context> The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. | text | 366 | monetaryItemType | text: <entity> 366 </entity> <entity type> monetaryItemType </entity type> <context> The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. | text | 2 | monetaryItemType | text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> The fair market value of restricted stock units and performance shares released under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was $ 302 million, $ 360 million and $ 366 million, respectively. The fair market value of restricted stock units released for the AIQ acquisition related awards under the Omnibus Incentive Plan for the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 2 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. | text | 102.66 | perShareItemType | text: <entity> 102.66 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. | text | 102.64 | perShareItemType | text: <entity> 102.64 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. | text | 119.71 | perShareItemType | text: <entity> 119.71 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. | text | 97.67 | perShareItemType | text: <entity> 97.67 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. | text | 103.27 | perShareItemType | text: <entity> 103.27 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. | text | 121.29 | perShareItemType | text: <entity> 121.29 </entity> <entity type> perShareItemType </entity type> <context> The weighted average grant date fair value for restricted stock units granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 102.66 , $ 102.64 and $ 119.71 , respectively. The weighted average grant date fair value for performance shares granted under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 97.67 , $ 103.27 and $ 121.29 , respectively. There were no restricted stock units granted for the AIQ acquisition during the year ended December 31, 2024, 2023 and 2022. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
There was no unrecognized compensation cost for stock options under the Omnibus Incentive Plan as of December 31, 2024. Unrecognized compensation cost for restricted stock units and performance shares under the Omnibus Incentive Plan as of December 31, 2024 was $ 174 million with a weighted average recognition period of 1.69 years. There was no unrecognized compensation cost for stock options or restricted units related to the AIQ acquisition as of December 31, 2024. | text | no | monetaryItemType | text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> There was no unrecognized compensation cost for stock options under the Omnibus Incentive Plan as of December 31, 2024. Unrecognized compensation cost for restricted stock units and performance shares under the Omnibus Incentive Plan as of December 31, 2024 was $ 174 million with a weighted average recognition period of 1.69 years. There was no unrecognized compensation cost for stock options or restricted units related to the AIQ acquisition as of December 31, 2024. </context> | us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions |
There was no unrecognized compensation cost for stock options under the Omnibus Incentive Plan as of December 31, 2024. Unrecognized compensation cost for restricted stock units and performance shares under the Omnibus Incentive Plan as of December 31, 2024 was $ 174 million with a weighted average recognition period of 1.69 years. There was no unrecognized compensation cost for stock options or restricted units related to the AIQ acquisition as of December 31, 2024. | text | 174 | monetaryItemType | text: <entity> 174 </entity> <entity type> monetaryItemType </entity type> <context> There was no unrecognized compensation cost for stock options under the Omnibus Incentive Plan as of December 31, 2024. Unrecognized compensation cost for restricted stock units and performance shares under the Omnibus Incentive Plan as of December 31, 2024 was $ 174 million with a weighted average recognition period of 1.69 years. There was no unrecognized compensation cost for stock options or restricted units related to the AIQ acquisition as of December 31, 2024. </context> | us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized |
The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. | text | 3 | monetaryItemType | text: <entity> 3 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions |
The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. | text | 2 | monetaryItemType | text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions |
The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. | text | 8 | monetaryItemType | text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions |
The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions |
The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. | text | 4 | monetaryItemType | text: <entity> 4 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s tax benefit realized for exercises of stock options under the Omnibus Incentive Plan during the years ended December 31, 2024, 2023 and 2022 was $ 3 million, $ 2 million and $ 8 million, respectively. The tax benefit realized for exercises of stock options related to the AIQ acquisition during the years ended December 31, 2024, 2023 and 2022 was less than $ 1 million, $ 1 million and $ 4 million, respectively. </context> | us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions |
The Company’s policy is to issue shares from Common Stock held in treasury upon exercise of stock options, the release of restricted stock units and performance shares. The Company uses cash to settle performance units. The amount of cash used to settle performance units during the years ended December 31, 2024, 2023 and 2022 were $ 0 , $ 0 and $ 1 million, respectively. As of December 31, 2022, there were no longer any performance units outstanding. | text | 0 | monetaryItemType | text: <entity> 0 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s policy is to issue shares from Common Stock held in treasury upon exercise of stock options, the release of restricted stock units and performance shares. The Company uses cash to settle performance units. The amount of cash used to settle performance units during the years ended December 31, 2024, 2023 and 2022 were $ 0 , $ 0 and $ 1 million, respectively. As of December 31, 2022, there were no longer any performance units outstanding. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid |
The Company’s policy is to issue shares from Common Stock held in treasury upon exercise of stock options, the release of restricted stock units and performance shares. The Company uses cash to settle performance units. The amount of cash used to settle performance units during the years ended December 31, 2024, 2023 and 2022 were $ 0 , $ 0 and $ 1 million, respectively. As of December 31, 2022, there were no longer any performance units outstanding. | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s policy is to issue shares from Common Stock held in treasury upon exercise of stock options, the release of restricted stock units and performance shares. The Company uses cash to settle performance units. The amount of cash used to settle performance units during the years ended December 31, 2024, 2023 and 2022 were $ 0 , $ 0 and $ 1 million, respectively. As of December 31, 2022, there were no longer any performance units outstanding. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid |
During the fourth quarter of 2024, the Company identified an immaterial error in the application of adjusted operating income, which resulted in an overstatement thereof for indexed variable and fixed annuity products within the Retirement Strategies segment in the first three quarters of 2024 and each of the four quarters of 2023. As a result, the Company has voluntarily revised its historical adjusted operating income for the relevant periods, resulting in decreases in pre-tax adjusted operating income of $ 149 million (unaudited) for the nine months ended September 30, 2024, and $ 55 million for the year ended December 31, 2023. | text | 149 | monetaryItemType | text: <entity> 149 </entity> <entity type> monetaryItemType </entity type> <context> During the fourth quarter of 2024, the Company identified an immaterial error in the application of adjusted operating income, which resulted in an overstatement thereof for indexed variable and fixed annuity products within the Retirement Strategies segment in the first three quarters of 2024 and each of the four quarters of 2023. As a result, the Company has voluntarily revised its historical adjusted operating income for the relevant periods, resulting in decreases in pre-tax adjusted operating income of $ 149 million (unaudited) for the nine months ended September 30, 2024, and $ 55 million for the year ended December 31, 2023. </context> | us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
During the fourth quarter of 2024, the Company identified an immaterial error in the application of adjusted operating income, which resulted in an overstatement thereof for indexed variable and fixed annuity products within the Retirement Strategies segment in the first three quarters of 2024 and each of the four quarters of 2023. As a result, the Company has voluntarily revised its historical adjusted operating income for the relevant periods, resulting in decreases in pre-tax adjusted operating income of $ 149 million (unaudited) for the nine months ended September 30, 2024, and $ 55 million for the year ended December 31, 2023. | text | 55 | monetaryItemType | text: <entity> 55 </entity> <entity type> monetaryItemType </entity type> <context> During the fourth quarter of 2024, the Company identified an immaterial error in the application of adjusted operating income, which resulted in an overstatement thereof for indexed variable and fixed annuity products within the Retirement Strategies segment in the first three quarters of 2024 and each of the four quarters of 2023. As a result, the Company has voluntarily revised its historical adjusted operating income for the relevant periods, resulting in decreases in pre-tax adjusted operating income of $ 149 million (unaudited) for the nine months ended September 30, 2024, and $ 55 million for the year ended December 31, 2023. </context> | us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
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