Long-Term Debt Maturities

Entity Registrant Name PRUDENTIAL FINANCIAL INC
CIK 0001137774
Accession number 0001193125-14-073074
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/1137774/000119312514073074/pru-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01
Commentary Did not manually investigate.
Level 1 (Note level) Text Block concept us-gaap:LongTermDebtTextBlock
   Maturity   December 31,
   Dates Rate (1) 2013 2012
            
     (in millions)
Fixed-rate notes:         
 Surplus notes2015-2025 5.36%-8.30% $941 $940
 Surplus notes subject to set-off arrangements2021-2033 3.52%-5.26%  2,400  1,000
 Senior notes(2)2014-2043 2.21%-11.31%  12,151  13,537
Floating-rate notes:         
 Surplus notes2016-2052 0.51%-3.52%  3,200  3,200
 USD-denominated senior notes2014-2023 1.02%-4.91%  677  293
 Foreign currency-denominated senior notes(3) 0.84%-3.13%  100  490
Junior subordinated notes2042-2068 5.20%-8.88%  4,884  4,594
Prudential Holdings, LLC notes (the "IHC debt"):         
 Series A2017(4) 1.12%-1.18%  238  285
 Series B2023(4) 7.245%  777  777
 Series C2023(4) 8.695%  585  613
Subtotal     25,953  25,729
Less: assets under set-off arrangements(5)     2,400  1,000
  Total long-term debt(6)    $23,553 $24,729

 

  • Range of interest rates are for the year ended December 31, 2013.
  • Includes collateralized borrowings from the Federal Home Loan Bank of New York of $280 million at both December 31, 2013 and 2012.
  • Includes $61 million of perpetual debt that has no stated maturity. Maturities on the remaining debt range from 2014 to 2017.
  • Annual scheduled repayments of principal for the Series A and Series C notes began in 2013. Annual scheduled repayments of principal for the Series B notes begin in 2018.
  • Assets under set-off arrangements represent a reduction in the amount of fixed-rate surplus notes included in long-term debt, resulting from an arrangement where valid rights of set-off exist and it is the intent of both parties to settle on a net basis under legally enforceable arrangements.
  • Includes Prudential Financial debt of $16,346 million and $16,998 million at December 31, 2013 and 2012, respectively.

 
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
   Calendar Year   
               2019 and   
   2015 2016 2017 2018 thereafter Total
                    
   (in millions)
                   
Long-term debt $ 3,457 $ 1,477 $ 1,733 $ 2,580 $ 14,306 $ 23,553
Level 4 (Note level) Text Block concept - Debt Instruments NOT FOUND
NOT FOUND

Level 4 Details Key Concepts: Long-term Debt Maturities

Description Fact value US GAAP XBRL Concept
Year 1 (Current portion) 0
Year 2 3,457,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
Year 3 1,477,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
Year 4 1,733,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
Year 5 2,580,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
Thereafter 14,306,000,000 us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Total Long-term Debt 23,553,000,000
CHECK 0

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(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Current portion 2,669,000,000 us-gaap:DebtCurrent
Noncurrent portion 23,553,000,000 us-gaap:LongTermDebtNoncurrent
Total Long-Term Debt 23,553,000,000
CHECK -2,669,000,000

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