Globe Life Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-	1,161	1,071	970.76	894.39	1,031
Other Adjustments	-	126.68	102.12	167.12	168.38	88.67
Changes in Deferred Acquisition Costs	-	-494.16	-503.54	-470.47	-480.12	-464.87
Changes in Claims Reserves	-	603.26	750.69	839.81	795.06	677.43
Changes in Other Operating Activities	-	-0.62	-17.58	-24.8	44.48	105.34
Operating Cash Flow	1,385	1,396	1,402	1,482	1,422	1,438
Operating Cash Flow Growth	-6.61%	-0.43%	-5.40%	4.24%	-1.08%	-2.63%
Capital Expenditures	-155.65	-142.48	-71.05	-49.55	-27.93	-38.24
Purchases of Investments	-1,584	-1,308	-2,014	-1,851	-1,711	-1,263
Proceeds from Sale of Investments	1,185	1,131	1,519	1,048	935.55	463.99
Other Investing Activities	-129.79	-324.4	-76.11	-74.14	-139.93	-76.44
Investing Cash Flow	-684.93	-643.62	-641.52	-926.15	-943.02	-913.37
Short-Term Debt Issued	-	487.61	484.73	-	-	-
Short-Term Debt Repaid	-	700.99	372.01	-	-	-
Net Short-Term Debt Issued (Repaid)	-	1,189	856.74	-	-	-
Long-Term Debt Issued	-	-	530	170	250.49	325
Long-Term Debt Repaid	-	-	-	165.61	150	300
Net Long-Term Debt Issued (Repaid)	-	-	530	335.61	400.49	625
Issuance of Common Stock	104.45	164.45	51.79	114.08	106.59	69.83
Repurchase of Common Stock	856.9	880.98	1,002	511.1	454.64	541.44
Net Common Stock Issued (Repurchased)	961.36	1,045	1,054	625.18	561.23	611.26
Common Dividends Paid	-87.28	-86.07	-85.49	-84.12	-80.55	-80.04
Other Financing Activities	187.76	247.93	-322.74	-64.74	-164.35	3.05
Financing Cash Flow	-673.22	-768.05	-715.84	-541.49	-492.45	-523.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-4.36	-5.34	17.08	-4.19	13.67	-3.39
Net Cash Flow	22.94	-20.62	62.17	10.6	0.4	-2.68
Free Cash Flow	1,230	1,254	1,331	1,433	1,394	1,399
Free Cash Flow Growth	-1.92%	-5.82%	-7.08%	2.77%	-0.37%	-2.46%
FCF Margin	20.25%	20.92%	23.04%	26.30%	26.68%	27.38%
Free Cash Flow Per Share	15.12	15.19	14.85	14.87	14.09	13.56
Levered Free Cash Flow	1,022	1,713	1,865	761.55	831.31	1,258
Unlevered Free Cash Flow	1,135	638.17	581.17	509.1	504.18	700.87

SEC Filings: 10-K · 10-Q