The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net earnings | 3,646 | 5,443 | 4,659 | 4,201 |
| Change in receivables and advance premiums | 66 | -51 | 133 | -2 |
| Capitalization of deferred policy acquisition costs | 1,105 | 1,056 | 1,086 | 1,054 |
| Amortization of deferred policy acquisition costs | 874 | 851 | 816 | 1,152 |
| Change in policy liabilities | -815 | -302 | -552 | 661 |
| Change in income tax liabilities | -278 | -393 | -967 | -558 |
| Net investment (gains) losses | -572 | 1,271 | 590 | 363 |
| Other, net | 273 | 616 | -1,043 | 162 |
| Net cash provided (used) by operating activities | 2,555 | 2,707 | 3,190 | 3,879 |
| Fixed maturity securities available-for-sale | 11,049 | 7,205 | 3,811 | 4,418 |
| Equity securities | 491 | 782 | 404 | 570 |
| Fixed maturity securities held-to-maturity | 3 | 3 | 3 | 3 |
| Commercial mortgage and other loans | 2,167 | 2,435 | 1,641 | 2,190 |
| Fixed maturity securities available-for-sale | 11,742 | 5,542 | 2,801 | 3,514 |
| Equity securities | 510 | 411 | 357 | 461 |
| Commercial mortgage and other loans | 1,484 | 1,376 | 996 | 3,897 |
| Other investments, net | 256 | 972 | 417 | 227 |
| Settlement of derivatives, net | 20 | 184 | -79 | 61 |
| Cash received (pledged or returned) as collateral, net | -2,158 | -780 | 401 | 673 |
| Other, net | 295 | -61 | 149 | -112 |
| Net cash provided (used) by investing activities | 1,561 | 2,781 | 817 | -1,540 |
| Purchases of treasury stock | 3,530 | 2,800 | 2,801 | 2,401 |
| Proceeds from borrowings | 1,039 | 823 | 204 | 1,277 |
| Principal payments under debt obligations | 84 | 194 | 0 | 1,416 |
| Dividends paid to shareholders | 1,198 | 1,087 | 966 | 979 |
| Change in investment-type contracts, net | -266 | -214 | -160 | -83 |
| Treasury stock reissued | 8 | 14 | 17 | 17 |
| Other, net | -38 | -28 | -17 | 34 |
| Net cash provided (used) by financing activities | -4,069 | -3,486 | -3,723 | -3,551 |
| Effect of foreign exchange rate changes on cash and cash equivalents | -31 | -79 | 79 | 104 |
| Net change in cash and cash equivalents | 16 | 1,923 | 363 | -1,108 |
| Cash and cash equivalents, beginning of period | 6,229 | 4,306 | 3,943 | 5,051 |
| Cash and cash equivalents, end of period | 6,245 | 6,229 | 4,306 | 3,943 |
AFLAC INC (AFL)
AFLAC INC (AFL)