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For the quarter ending 2026-03-31, AFL has $116,280M in assets. $86,319M in debts. $5,654M in cash and cash equivalents.

Balance Sheets Overview

Debt to Asset Ratio
74.23%
Unit: Million (M) dollars
Assets Breakdown
    • Fixed maturity securities, avail...
    • Fixed maturity securities, held-...
    • Commercial mortgage and other lo...
    • Others
Liabilities Breakdown
    • Retained earnings
    • Treasury stock, at average cost
    • Effect of changes in discount ra...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Fixed maturity securities, available-for-sale-Consolidated Entity Excluding Variable Interest Entities VIE
59,683 ---
Fixed maturity securities, available-for-sale-Variable Interest Entity Primary Beneficiary
3,545 ---
Gross unrealized gains-Foreign Government Debt Securities
12 ---
Gross unrealized losses-Foreign Government Debt Securities
971 ---
Fair value-Foreign Government Debt Securities
14,177 ---
Gross unrealized gains-Municipal Bonds
0 ---
Gross unrealized losses-Municipal Bonds
13 ---
Fair value-Municipal Bonds
217 ---
Gross unrealized gains-Public Utility Bonds
0 ---
Gross unrealized losses-Public Utility Bonds
4 ---
Fair value-Public Utility Bonds
27 ---
Gross unrealized gains-Sovereign Debt
2 ---
Gross unrealized losses-Sovereign Debt
8 ---
Fair value-Sovereign Debt
333 ---
Gross unrealized gains-Corporate Debt Securities
0 ---
Gross unrealized losses-Corporate Debt Securities
1 ---
Fair value-Corporate Debt Securities
15 ---
Fixed maturity securities, held-to-maturity
15,752 ---
Equity securities
851 ---
Commercial mortgage and other loans-Variable Interest Entity Primary Beneficiary
7,907 ---
Commercial mortgage and other loans, gross
10,227 ---
Allowance for credit losses
457 ---
Commercial mortgage and other loans
9,770 ---
Other investments-Variable Interest Entity Primary Beneficiary
2,331 ---
Other investments
7,937 ---
Cash and cash equivalents
5,654 ---
Total investments and cash
103,192 103,760 109,516 111,769
Receivables
947 835 852 873
Accrued investment income
695 718 702 753
Deferred policy acquisition costs
8,976 9,034 9,216 9,296
Property, plant and equipment
-1,018 --
Less accumulated depreciation
-667 --
Property and equipment, at cost less accumulated depreciation
354 351 367 390
Other
2,116 1,772 1,653 1,655
Total assets
116,280 116,470 122,306 124,736
Future policy benefits
59,519 62,320 67,143 71,099
Unpaid policy claims
522 495 460 426
Unearned premiums
1,318 1,323 1,349 1,377
Other policyholders funds
5,423 5,445 5,785 6,002
Total policy liabilities
66,782 69,583 74,737 78,904
Income taxes
1,753 1,368 1,477 685
Payables for return of cash collateral on loaned securities
6,414 3,989 5,429 5,767
Notes payable and lease obligations
7,908 8,409 8,685 8,933
Other
3,462 3,631 3,290 3,247
Total liabilities
86,319 86,980 93,618 97,536
Common stock of .10 par value. in thousands authorized 1,900,000 shares in 2026 and 2025 issued 1,358,762 shares in 2026 and 1,357,909 shares in 2025
136 136 136 136
Additional paid-in capital
3,064 3,024 2,977 2,958
Retained earnings
55,702 54,682 53,923 52,595
Unrealized foreign currency translation gains (losses)
-4,961 -4,847 -4,504 -4,282
Unrealized gains (losses) on fixed maturity securities
-2,665 -1,809 -1,701 -1,828
Unrealized gains (losses) on derivatives
-16 -13 -16 -17
Effect of changes in discount rate assumptions
9,458 8,035 6,832 5,594
Pension liability adjustment
-85 -86 -42 -42
Treasury stock, at average cost
30,842 29,804 29,001 27,998
Total shareholders equity
29,961 29,490 28,688 27,200
Total liabilities and shareholders equity
116,280 116,470 122,306 124,736
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Fair value-ForeignGovernment Debt Securities$14,177M Gross unrealizedlosses-Foreign Government Debt...$971M Fairvalue-Sovereign Debt$333M Fairvalue-Municipal Bonds$217M Fair value-PublicUtility Bonds$27M Fairvalue-Corporate Debt Securities$15M Gross unrealizedlosses-Municipal Bonds$13M Commercial mortgage andother loans, gross$10,227M Gross unrealizedlosses-Sovereign Debt$8M Gross unrealizedlosses-Public Utility Bonds$4M Gross unrealizedlosses-Corporate Debt Securities$1M Fixed maturitysecurities,...$59,683M Fixed maturitysecurities,...$15,752M Commercial mortgage andother loans$9,770M Other investments$7,937M Commercial mortgage andother loans-Variable...$7,907M Cash and cashequivalents$5,654M Gross unrealizedgains-Foreign Government Debt...$12M Allowance for creditlosses$457M Fixed maturitysecurities,...$3,545M Otherinvestments-Variable Interest Entity...$2,331M Equity securities$851M Gross unrealizedgains-Sovereign Debt$2M Total investments andcash$103,192M (-3.96%↓ Y/Y)Deferred policyacquisition costs$8,976M (-1.18%↓ Y/Y)Other$2,116M (20.09%↑ Y/Y)Receivables$947M (5.93%↑ Y/Y)Accrued investmentincome$695M (1.91%↑ Y/Y)Property and equipment,at cost less...$354M (-9.46%↓ Y/Y)something is missing-$10,238M Total assets$116,280M (-3.31%↓ Y/Y)Total liabilities andshareholders equity$116,280M (-3.31%↓ Y/Y)Total liabilities$86,319M (-8.09%↓ Y/Y)Total shareholdersequity$29,961M (13.76%↑ Y/Y)Treasury stock, ataverage cost$30,842M (13.53%↑ Y/Y)Unrealized foreigncurrency translation...-$4,961M (-9.06%↓ Y/Y)Unrealized gains (losses)on fixed maturity...-$2,665M (-116.14%↓ Y/Y)Unrealized gains (losses)on derivatives-$16M (11.11%↑ Y/Y)Total policyliabilities$66,782M (-15.28%↓ Y/Y)Notes payable andlease obligations$7,908M (2.03%↑ Y/Y)Payables for return ofcash collateral on...$6,414M (104.14%↑ Y/Y)Other$3,462M (2.30%↑ Y/Y)Income taxes$1,753M (115.09%↑ Y/Y)Retained earnings$55,702M (6.49%↑ Y/Y)Effect of changes indiscount rate...$9,458M (142.58%↑ Y/Y)Additional paid-in capital$3,064M (4.97%↑ Y/Y)Common stock of .10 parvalue. in thousands...$136M (0.00%↑ Y/Y)Pension liabilityadjustment-$85M (-102.38%↓ Y/Y)Future policy benefits$59,519M (-16.40%↓ Y/Y)Other policyholdersfunds$5,423M (-7.50%↓ Y/Y)Unearned premiums$1,318M (-2.87%↓ Y/Y)Unpaid policy claims$522M (27.01%↑ Y/Y)

AFLAC INC (AFL)

AFLAC INC (AFL)