Aflac Incorporated (LON: 0H68)

Aflac Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Investments in Debt Securities	89,990	91,109	94,797	120,696	130,346	121,347
Investments in Equity & Preferred Securities	4,014	3,838	3,381	3,461	2,287	1,371
Policy Loans	221	214	214	236	260	250
Other Investments	3,575	1,339	1,566	1,748	1,165	658
Total Investments	105,258	104,433	108,195	133,326	140,977	130,786
Cash & Equivalents	5,612	4,306	3,943	5,051	5,141	4,896
Reinsurance Recoverable	183	183	912	957	1,000	970
Other Receivables	6,260	6,411	6,658	6,010	5,211	4,012
Deferred Policy Acquisition Cost	9,232	9,132	9,239	9,525	10,441	10,128
Property, Plant & Equipment	421	445	530	538	601	581
Goodwill	-	265	265	268	269	-
Other Current Assets	180	326	610	936	583	479
Other Long-Term Assets	1,296	1,223	1,386	931	863	916
Total Assets	128,442	126,724	131,738	157,542	165,086	152,768
Insurance & Annuity Liabilities	85,602	89,712	94,192	96,801	105,607	97,652
Unpaid Claims	381	261	201	4,836	5,187	4,659
Unearned Premiums	1,406	1,451	1,825	2,576	3,597	4,243
Current Portion of Long-Term Debt	326	419	583	54	-	348
Current Portion of Leases	-	42	-	-	154	-
Short-Term Debt	4,233	1,503	1,809	2,162	964	1,876
Current Income Taxes Payable	454	154	698	4,339	4,661	5,370
Long-Term Debt	7,781	7,240	7,295	7,839	7,745	6,060
Long-Term Leases	110	82	147	117	-	161
Other Current Liabilities	682	1,011	1,115	1,565	697	586
Other Long-Term Liabilities	2,472	2,689	3,041	3,141	2,436	2,309
Total Liabilities	103,612	104,739	111,598	124,289	131,527	123,809
Common Stock	136	136	135	135	135	135
Additional Paid-In Capital	2,876	2,771	2,641	2,529	2,410	2,313
Retained Earnings	50,972	47,993	44,367	41,381	37,984	34,291
Treasury Stock	-25,477	-23,395	-20,574	-18,185	-15,904	-14,395
Comprehensive Income & Other	-3,677	-5,520	-6,429	7,393	8,934	6,615
Shareholders' Equity	24,830	21,985	20,140	33,253	33,559	28,959
Total Liabilities & Equity	128,442	126,724	131,738	157,542	165,086	152,768
Filing Date Shares Outstanding	555.53	577.01	612.21	649.86	688.59	722.52
Total Common Shares Outstanding	556.72	578.48	615.26	652.13	692.45	726.79
Total Debt	12,450	9,286	9,834	10,172	8,863	8,445
Net Cash (Debt)	-6,838	-4,980	-5,891	-5,121	-3,722	-3,549
Net Cash Per Share	-11.95	-8.32	-9.24	-7.57	-5.20	-4.75
Book Value Per Share	44.60	38.00	32.73	50.99	48.46	39.84
Tangible Book Value	24,830	21,720	19,875	32,985	33,290	28,959
Tangible Book Value Per Share	44.60	37.55	32.30	50.58	48.08	39.84
Land	-	168	168	168	168	168
Buildings	-	421	437	491	523	473
Machinery	-	510	587	542	566	549

Source: S&P Capital IQ. Insurance template. Financial Sources.