PRUDENTIAL FINANCIAL INC | 2013 | FY |

			2013		2012		2011

			(in millions)
Real estate investments sold or held for sale(1)			$	9	$	22	$	37
Global commodities business(2)				1		0		16
Other				0		1		0
	Income from discontinued operations before income taxes			10		23		53
		Income tax expense		3		8		18
	Income from discontinued operations, net of taxes		$	7	$	15	$	35

Reflects the income from discontinued real estate investments.
In 2011, the Company completed the sale of all the issued and outstanding shares of capital stock of the subsidiaries that conduct its global commodities business (the “Global Commodities Business”) and certain assets that are primarily used in connection with the Global Commodities Business to Jefferies Group, Inc. (“Jefferies”). Subsidiaries included in the sale were Prudential Bache Commodities, LLC, Prudential Bache Securities, LLC, Bache Commodities Limited, and Bache Commodities (Hong Kong) Ltd. The Company received cash proceeds of $422 million. Included in the table above for the year ended December 31, 2011, are after-tax losses of $17 million recorded in connection with the sale of these operations, consisting of pre-tax losses of $18 million and income tax benefit of $1 million.