Aflac Incorporated (AFL)
NYSE: AFL · Real-Time Price · USD
130.26
+4.96 (3.96%)
Nov 5, 2026, 11:04 AM EST - Market open
Aflac Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 825 | 1,019 | 1,379 | 1,639 | 599 | 29 | 1,902 | -93 | 1,755 | 1,879 | 268 | 1,569 | 1,634 | 1,188 | 196 | 1,781 | 1,394 | 1,047 | 1,039 |
Depreciation & Amortization | 8 | 7 | 15 | 7 | 8 | 6 | 32 | 4 | 3 | 1 | 39 | - | - | - | 45 | - | - | - | 45 |
Other Amortization | 218 | 221 | 219 | 218 | 221 | 216 | 213 | 214 | 209 | 215 | 208 | 201 | 202 | 205 | 194 | 193 | 198 | 207 | 301 |
Gain (Loss) on Sale of Investments | 153 | -49 | -537 | -275 | 421 | 963 | -1,032 | 1,408 | -696 | -951 | 511 | -423 | -555 | -123 | 522 | -199 | -564 | -122 | -244 |
Change in Accounts Receivable | -2 | -30 | -38 | 20 | -11 | -37 | 23 | 9 | -13 | 32 | -175 | 77 | -1 | -34 | -5 | 37 | 2 | -29 | 53 |
Change in Income Taxes | -352 | 224 | -370 | 359 | -384 | 117 | -329 | 157 | -512 | 291 | -678 | 131 | -574 | 154 | -18 | -548 | -268 | 325 | -207 |
Change in Insurance Reserves / Liabilities | -88 | 519 | -83 | -537 | -59 | -136 | -43 | -216 | -2 | -41 | -453 | -62 | -46 | 9 | 9 | 208 | 366 | 143 | 206 |
Other Operating Activities | -650 | -943 | -270 | -179 | -396 | -569 | -433 | -213 | -489 | -577 | 862 | -217 | -218 | -509 | 90 | -396 | -618 | -311 | -323 |
Operating Cash Flow | 112 | 968 | 315 | 1,252 | 399 | 589 | 333 | 1,270 | 255 | 849 | 582 | 1,276 | 442 | 890 | 1,033 | 1,076 | 510 | 1,260 | 870 |
Operating Cash Flow Growth (YoY) | -71.93% | 64.35% | -5.41% | -1.42% | 56.47% | -30.62% | -42.78% | -0.47% | -42.31% | -4.61% | -43.66% | 18.59% | -13.33% | -29.37% | 18.74% | -41.93% | -46.98% | -7.76% | -35.89% |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Investment in Securities | -729 | -2,485 | 1,350 | 300 | -1,224 | -1,391 | 3,133 | -397 | 95 | -1,766 | 1,987 | 362 | -301 | -1,405 | 701 | 419 | -19 | -312 | -303 |
Other Investing Activities | 1,154 | 2,770 | -1,321 | -349 | 2,589 | 924 | -2,130 | -738 | 1,660 | 1,865 | -3,261 | -264 | 1,829 | 1,225 | -1,390 | -913 | 2,056 | -375 | -530 |
Investing Cash Flow | 791 | 244 | 359 | 28 | 1,533 | -359 | 1,517 | -1,030 | 2,067 | 227 | -1,161 | 490 | 1,565 | -77 | -693 | -930 | 1,293 | -1,210 | -1,207 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | - | - | - | - | - | - | - | 823 | - | - | - | - | - | - | - | - | - |
Total Debt Issued | 911 | - | - | - | 1,039 | - | - | - | - | 823 | 204 | - | - | - | - | 1,277 | - | - | - |
Total Debt Repaid | - | -400 | - | -84 | - | - | - | - | -194 | - | - | - | - | - | -450 | -966 | - | - | - |
Net Debt Issued (Repaid) | 911 | -400 | - | -84 | 1,039 | - | - | - | -194 | 823 | 204 | - | - | - | -450 | 311 | - | - | - |
Issuance of Common Stock | 3 | 4 | 3 | 3 | - | 4 | - | 9 | 6 | 6 | 8 | 4 | 3 | 2 | 2 | 5 | 1 | 9 | 13 |
Repurchases of Common Stock | -984 | -1,000 | -801 | -1,000 | -831 | -900 | -757 | -500 | -800 | -750 | -701 | -700 | -700 | -700 | -600 | -651 | -650 | -500 | -625 |
Common Dividends Paid | -299 | -304 | -292 | -299 | -301 | -306 | -267 | -270 | -272 | -278 | -236 | -239 | -243 | -248 | -239 | -242 | -248 | -250 | -208 |
Other Financing Activities | -5 | 8 | -26 | -7 | -4 | -1 | -8 | -6 | -7 | -7 | -16 | -7 | -35 | 41 | 14 | -15 | 10 | 25 | -11 |
Financing Cash Flow | -442 | -1,762 | -1,184 | -1,462 | -162 | -1,261 | -1,084 | -826 | -1,320 | -256 | -787 | -992 | -1,011 | -933 | -1,295 | -612 | -907 | -737 | -842 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 5 | -41 | -13 | -15 | -36 | 33 | -149 | 138 | -40 | -28 | 170 | 8 | -85 | -14 | 188 | 3 | 2 | -89 | 22 |
Net Cash Flow | 466 | -591 | -523 | -197 | 1,734 | -998 | 617 | -448 | 962 | 792 | -1,196 | 782 | 911 | -134 | -767 | -463 | 898 | -776 | -1,157 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | 678.88 | -177.38 | 2,192 | 2,459 | 449.75 | 74.63 | 3,506 | -124.5 | 1,824 | -353.75 | 1,546 | 2,589 | 1,024 | -848.25 | -4,573 | 585.63 | -770.5 | -195.25 | 943 |
Unlevered Free Cash Flow | 718.88 | -139.88 | 2,230 | 2,495 | 482.25 | 105.88 | 3,538 | -93.25 | 1,855 | -324.38 | 1,576 | 2,620 | 1,056 | -818.25 | -4,538 | 622.5 | -736.13 | -160.25 | 978.63 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 63 | 51 | 64 | 41 | 52 | 40 | 53 | 40 | 53 | 34 | 53 | 38 | 57 | 37 | 58 | 49 | 67 | 37 | 213 |
Cash Income Tax Paid | 522 | -18 | 563 | - | 606 | -1 | 562 | 28 | 777 | - | 699 | 105 | 765 | - | 361 | 95 | 582 | -77 | 880 |
Change in Working Capital | -442 | 713 | -491 | -158 | -454 | -56 | -349 | -50 | -527 | 282 | -1,306 | 146 | -621 | 129 | -14 | -303 | 100 | 439 | 52 |