Aflac Incorporated (AFL)

Aflac Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt Securities	80,241	81,235	91,109	94,797	120,696
Equity and Preferred Securities	887	796	1,088	1,091	1,603
Other Investments	16,387	16,827	17,057	17,566	15,628
Total Investments	97,515	98,858	109,254	113,454	137,927
Cash & Equivalents	6,245	6,229	4,306	3,943	5,051
Deferred Acquisition Costs	9,034	8,758	9,132	9,239	9,525
Other Receivables	1,553	1,489	1,579	1,392	1,409
Net Property, Plant & Equipment	351	387	445	530	538
Other Assets	1,772	1,845	2,008	3,180	3,092
Total Assets	116,470	117,566	126,724	131,738	157,542
Unearned Premiums	1,323	1,286	1,451	1,825	2,576
Claims Reserves	68,260	76,222	90,148	95,085	102,496
Total Debt	8,409	7,498	7,364	7,442	7,956
Other Liabilities	8,988	6,462	5,776	7,246	11,261
Total Liabilities	86,980	91,468	104,739	111,598	124,289
Common Stock	136	136	136	135	135
Treasury Stock	-29,804	-26,231	-23,395	-20,574	-18,185
Additional Paid-in Capital	3,024	2,894	2,771	2,641	2,539
Accumulated Other Comprehensive Income	1,452	-2,978	-5,520	-6,429	7,393
Retained Earnings	54,682	52,277	47,993	44,367	41,381
Total Common Shareholders' Equity	29,490	26,098	21,985	20,140	33,263
Shareholders' Equity	29,490	26,098	21,985	20,140	33,253
Total Liabilities & Equity	116,470	117,566	126,724	131,738	157,542
Book Value	29,490	26,098	21,985	20,140	33,263
Book Value Per Share	55.13	46.19	36.72	31.58	49.15
Tangible Book Value	29,490	26,098	21,985	20,140	33,263
Tangible Book Value Per Share	55.13	46.19	36.72	31.58	49.15

Updated Feb 25, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q