Aflac Incorporated (AFL)

Aflac Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt Securities	78,980	80,241	81,235	91,109	94,797	120,696
Equity and Preferred Securities	851	887	796	1,088	1,091	1,603
Other Investments	17,707	16,387	16,827	17,057	17,566	15,628
Total Investments	97,538	97,515	98,858	109,254	113,454	137,927
Cash & Equivalents	5,654	6,245	6,229	4,306	3,943	5,051
Deferred Acquisition Costs	8,976	9,034	8,758	9,132	9,239	9,525
Other Receivables	1,642	1,553	1,489	1,579	1,392	1,409
Net Property, Plant & Equipment	354	351	387	445	530	538
Other Assets	2,116	1,772	1,845	2,008	3,180	3,092
Total Assets	116,280	116,470	117,566	126,724	131,738	157,542
Unearned Premiums	1,318	1,323	1,286	1,451	1,825	2,576
Claims Reserves	65,464	68,260	76,222	90,148	95,085	102,496
Total Debt	7,908	8,409	7,498	7,364	7,442	7,956
Other Liabilities	78,411	78,571	83,970	97,375	104,156	116,333
Total Liabilities	86,319	86,980	91,468	104,739	111,598	124,289
Common Stock	136	136	136	136	135	135
Treasury Stock	-30,842	-29,804	-26,231	-23,395	-20,574	-18,185
Additional Paid-in Capital	3,064	3,024	2,894	2,771	2,641	2,539
Accumulated Other Comprehensive Income	1,901	1,452	-2,978	-5,520	-6,429	7,393
Retained Earnings	55,702	54,682	52,277	47,993	44,367	41,381
Shareholders' Equity	29,961	29,490	26,098	21,985	20,140	33,253
Total Liabilities & Equity	116,280	116,470	117,566	126,724	131,738	157,542
Book Value	29,961	29,490	26,098	21,985	20,140	33,253
Book Value Per Share	56.86	55.13	46.19	36.72	31.58	49.14
Tangible Book Value	29,961	29,490	26,098	21,985	20,140	33,253
Tangible Book Value Per Share	56.86	55.13	46.19	36.72	31.58	49.14

Updated May 6, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q