For the year ending 2025-12-31, GL-PD has $30,813,692K in assets. $24,839,113K in debts.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturitiesavailable for sale, at fair value (amortized cost 202518,820,464 202418,835,809, allowance for credit losses 2025 3,297 2024 10,395) | 17,589,342 | 17,155,012 | 17,870,206 | 16,503,365 |
| Mortgage loans | 428,517 | 396,088 | 279,199 | - |
| Policy loans | 741,375 | 699,669 | 657,020 | 614,866 |
| Other long-term investments (includes 20251,109,719 2024986,766 under the fair value option) | 1,396,064 | 1,235,759 | 835,878 | 976,016 |
| Short-term investments | 314,711 | 85,035 | 81,740 | 114,121 |
| Total investments | 20,470,009 | 19,571,563 | 19,724,043 | 18,208,368 |
| Cash | 144,704 | 165,325 | 103,156 | 92,559 |
| Accrued investment income | 272,818 | 269,791 | 270,396 | 259,581 |
| Other receivables | 768,592 | 691,907 | 630,223 | 484,887 |
| Deferred acquisition costs | 6,999,136 | 6,495,589 | 6,009,477 | 5,249,907 |
| Goodwill | 490,446 | 490,446 | 481,791 | 481,791 |
| Other assets | 1,667,987 | 1,391,560 | 832,413 | 760,066 |
| Total assets | 30,813,692 | 29,076,181 | 28,051,499 | 25,537,159 |
| Future policy benefits at current discount rates (at original discount rates 202518,129,506 202417,552,564) | 19,169,687 | 18,457,263 | 19,460,353 | 16,721,846 |
| Unearned and advance premium | 270,663 | 257,631 | 254,567 | 60,742 |
| Policy claims and other benefits payable | 540,832 | 532,832 | 514,875 | 430,027 |
| Other policyholders' funds | 532,047 | 468,604 | 236,958 | 123,362 |
| Total policy liabilities | 20,513,229 | 19,716,330 | 20,466,753 | 17,335,977 |
| Current and deferred income taxes | 859,628 | 731,255 | 494,639 | 686,172 |
| Short-term debt | 304,656 | 415,401 | 486,113 | 449,103 |
| Long-term debt, par value, gross | 2,350,000 | - | - | - |
| Unamortized discount & issuance costs, noncurrent, gross | 22,915 | - | - | - |
| Debt | 2,327,085 | - | - | - |
| Unamortized issuance cost | 6,292 | - | - | - |
| Long-term debt (estimated fair value 20252,225,320 20242,122,772) | 2,320,793 | 2,324,251 | 1,629,559 | 1,627,952 |
| Other liabilities | 840,807 | 583,424 | 487,632 | 542,094 |
| Total liabilities | 24,839,113 | 23,770,661 | 23,564,696 | 20,641,298 |
| Preferred stock, par value 1 per share5,000,000 shares authorized outstanding 0 in 2025 and 2024 | 0 | 0 | 0 | 0 |
| Common stock, par value 1 per share320,000,000 shares authorized outstanding (202592,218,183 issued 202497,218,183 issued) | 92,218 | 97,218 | 102,218 | 105,218 |
| Additional paid-in-capital | 536,363 | 527,795 | 532,474 | 529,661 |
| Accumulated other comprehensive income (loss) | -1,771,444 | -2,029,720 | -2,772,419 | -1,415,714 |
| Retained earnings | 8,546,807 | 8,002,521 | 7,478,813 | 6,466,220 |
| Treasury stock, at cost (20228,478,288 shares 20219,650,845 shares) | - | - | - | 789,524 |
| Treasury stock, at cost (202513,125,082 shares 202413,240,616 shares) | 1,429,365 | 1,292,294 | 854,283 | - |
| Total shareholders' equity | 5,974,579 | 5,305,520 | 4,486,803 | 4,895,861 |
| Total liabilities and shareholders' equity | 30,813,692 | 29,076,181 | 28,051,499 | 25,537,159 |
GLOBE LIFE INC. (GL-PD)
GLOBE LIFE INC. (GL-PD)