AFL: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, AFL has $122,306M in assets. $93,618M in debts.

Balance Sheets Overview

Debt to Asset Ratio
76.54%
Assets Breakdown
Total investments and cash
Deferred policy acquisition cost...
Other
Others
Liabilities Breakdown
Future policy benefits
Retained earnings
Treasury stock, at average cost
Others

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total investments and cash	109,516	111,769	107,446	115,601
Receivables	852	873	894	814
Accrued investment income	702	753	682	696
Deferred policy acquisition costs	9,216	9,296	9,083	9,232
Property and equipment, at cost less accumulated depreciation	367	390	391	421
Other	1,653	1,655	1,762	1,678
Total assets	122,306	124,736	120,258	128,442

Future policy benefits	67,143	71,099	71,197	79,672
Unpaid policy claims	460	426	411	381
Unearned premiums	1,349	1,377	1,357	1,406
Other policyholders funds	5,785	6,002	5,863	6,095
Total policy liabilities	74,737	78,904	78,828	87,554
Income taxes	1,477	685	815	454
Payables for return of cash collateral on loaned securities	5,429	5,767	3,142	4,233
Notes payable and lease obligations	8,685	8,933	7,751	7,978
Other	3,290	3,247	3,384	3,393
Total liabilities	93,618	97,536	93,920	103,612
Common stock of .10 par value. in thousands authorized 1,900,000 shares in 2025 and 2024 issued 1,357,841 shares in 2025 and 1,356,763 shares in 2024	136	136	136	136
Additional paid-in capital	2,977	2,958	2,919	2,876
Retained earnings	53,923	52,595	52,308	50,972
Unrealized foreign currency translation gains (losses)	-4,504	-4,282	-4,549	-4,139
Unrealized gains (losses) on fixed maturity securities	-1,701	-1,828	-1,233	557
Unrealized gains (losses) on derivatives	-16	-17	-18	-20
Effect of changes in discount rate assumptions	6,832	5,594	3,899	-67
Pension liability adjustment	-42	-42	-42	8
Treasury stock, at average cost	29,001	27,998	27,166	25,477
Total shareholders equity	28,688	27,200	26,338	24,830
Total liabilities and shareholders equity	122,306	124,736	120,258	128,442

MyFinsight

Balance Sheets Overview

Debt to Asset Ratio
76.54%
Assets Breakdown
Total investments and cash
Deferred policy acquisition cost...
Other
Others
Liabilities Breakdown
Future policy benefits
Retained earnings
Treasury stock, at average cost
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio
76.54%
Assets Breakdown
Total investments and cash
Deferred policy acquisition cost...
Other
Others
Liabilities Breakdown
Future policy benefits
Retained earnings
Treasury stock, at average cost
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio76.54%Assets BreakdownTotal investments and cashDeferred policy acquisition cost...OtherOthersLiabilities BreakdownFuture policy benefitsRetained earningsTreasury stock, at average costOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Debt to Asset Ratio76.54%Assets BreakdownTotal investments and cashDeferred policy acquisition cost...OtherOthersLiabilities BreakdownFuture policy benefitsRetained earningsTreasury stock, at average costOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Debt to Asset Ratio
76.54%
Assets Breakdown
Total investments and cash
Deferred policy acquisition cost...
Other
Others
Liabilities Breakdown
Future policy benefits
Retained earnings
Treasury stock, at average cost
Others

Debt to Asset Ratio
76.54%
Assets Breakdown
Total investments and cash
Deferred policy acquisition cost...
Other
Others
Liabilities Breakdown
Future policy benefits
Retained earnings
Treasury stock, at average cost
Others