Aflac Incorporated (AFL)

Aflac Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	78,353	80,241	81,235	91,109	94,797	120,696
Investments in Equity & Preferred Securities	5,271	4,996	4,231	3,838	3,381	3,461
Policy Loans	204	210	203	214	214	236
Other Investments	2,854	1,401	1,638	1,339	1,566	1,748
Total Investments	91,917	92,816	94,213	104,433	108,195	133,326
Cash & Equivalents	6,120	6,245	6,229	4,306	3,943	5,051
Reinsurance Recoverable	444	161	163	183	912	957
Other Receivables	6,594	6,266	6,134	6,411	6,658	6,010
Deferred Policy Acquisition Cost	8,948	9,034	8,758	9,132	9,239	9,525
Property, Plant & Equipment	351	351	387	445	530	538
Goodwill	-	260	263	265	265	268
Other Current Assets	183	165	240	326	610	936
Other Long-Term Assets	1,404	1,172	1,179	1,223	1,386	931
Total Assets	115,961	116,470	117,566	126,724	131,738	157,542

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Insurance & Annuity Liabilities	62,187	67,640	75,695	89,712	94,192	96,801
Unpaid Claims	553	495	381	261	201	4,836
Unearned Premiums	1,326	1,323	1,286	1,451	1,825	2,576
Current Portion of Long-Term Debt	775	888	408	630	583	54
Current Portion of Leases	-	39	-	-	-	-
Short-Term Debt	7,340	3,989	2,037	1,503	1,809	2,162
Current Income Taxes Payable	1,589	1,368	573	154	698	4,339
Long-Term Debt	7,975	7,631	7,323	7,029	7,295	7,839
Long-Term Leases	86	40	96	124	147	117
Other Current Liabilities	965	783	604	1,011	1,115	1,565
Other Long-Term Liabilities	2,571	2,500	2,774	2,689	3,041	3,141
Total Liabilities	85,649	86,980	91,468	104,739	111,598	124,289

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	136	136	136	136	135	135
Additional Paid-In Capital	3,105	3,024	2,894	2,771	2,641	2,529
Retained Earnings	56,218	54,682	52,277	47,993	44,367	41,381
Treasury Stock	-31,828	-29,804	-26,231	-23,395	-20,574	-18,185
Comprehensive Income & Other	2,681	1,452	-2,978	-5,520	-6,429	7,393
Shareholders' Equity	30,312	29,490	26,098	21,985	20,140	33,253
Total Liabilities & Equity	115,961	116,470	117,566	126,724	131,738	157,542

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	501.34	516.37	546.59	577.01	612.21	649.86
Total Common Shares Outstanding	502.26	518.69	549.96	578.48	615.26	652.13
Total Debt	16,176	12,587	9,864	9,286	9,834	10,172
Net Cash (Debt)	-10,056	-6,342	-3,635	-4,980	-5,891	-5,121
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-19.39	-11.86	-6.43	-8.32	-9.24	-7.57
Book Value Per Share	60.35	56.85	47.45	38.00	32.73	50.99
Tangible Book Value	30,312	29,230	25,835	21,720	19,875	32,985
Tangible Book Value Per Share	60.35	56.35	46.98	37.55	32.30	50.58
Land	-	168	168	168	168	168
Buildings	-	399	392	421	437	491
Machinery	-	451	478	510	587	542

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 3, 2026

Data Sources Report a data error