Aflac Incorporated

Financial Services · Insurance - Life

115.20$ -1.0% vs. previous close Closing price · As of: Sep 21, 2026

Statements

Balance Sheet

Aflac Incorporated (AFL) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Total Assets" came in at 116,470 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size %

Last 12 Full history

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All figures in millions of USD.

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Balance Sheet AFL
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Total Assets	25,020	29,454	31,222	37,041	37,231	37,860	45,058	50,964	59,326	56,361	59,805	65,805	79,331	84,106	101,039	116,237	131,094	121,307	119,767	118,296	129,819	137,217	140,406	152,768	165,086	157,542	131,738	126,724	117,566	116,470
Current Assets	489	495	656	886	909	1,193	1,814	1,599	4,231	1,881	1,738	2,356	1,948	3,201	2,917	56,965	64,595	64,746	73,770	72,849	82,230	89,654	88,083	96,986	111,819	143,671	80,331	29,071	4,021	71,951
Cash	–	236	374	616	609	852	1,379	1,052	3,813	1,297	1,203	1,563	941	2,323	2,121	2,249	2,041	2,543	4,658	4,350	4,859	3,491	4,337	4,896	5,141	5,051	3,943	4,306	6,229	6,245
Cash & Short-Term Investments	262	279	374	616	609	852	1,379	1,052	3,813	1,297	1,203	1,624	941	2,437	2,256	56,285	63,619	63,581	72,928	72,144	81,561	88,827	87,232	96,158	111,023	103,747	79,684	77,596	71,498	70,398
Receivables	227	216	272	270	301	341	435	547	417	584	535	732	920	764	661	680	976	1,165	842	705	669	827	851	828	796	693	647	848	779	1,553
Inventory	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-6,673	-5,087	-7,004	-7,378	-7,842	-7,496	-7,229	-78,444	–	–
Property, Plant & Equipment	–	–	–	–	481	455	482	518	515	448	458	496	597	593	620	617	564	481	429	427	433	434	443	581	601	538	530	445	387	351
Goodwill	61	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	269	268	265	265	263	260
Intangible Assets	61	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	9,658	8,798	8,273	8,511	8,993	9,505	9,875	10,128	10,441	9,525	8,593	9,132	8,758	9,034
Total Liabilities	22,895	26,024	27,452	33,173	32,537	32,435	38,664	44,318	51,750	48,434	51,464	57,010	72,692	75,689	89,983	103,291	115,116	106,687	101,420	100,914	109,337	112,852	116,944	123,809	7,899	124,289	111,598	104,739	91,468	86,980
Current Liabilities	691	3,257	173	32,082	127	765	1,323	374	2,887	622	807	808	1,733	483	191	838	3,858	3,718	300	4,340	5,387	4,745	4,020	5,370	4,661	7,956	1,296	2,210	573	5,807
Short-Term Debt	18	7.0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4,352	326	300	5,011	5,360	5,289	5,778	53	56	7,956	55	52	124	0.0
Accounts Payable	673	3,250	173	–	127	765	1,323	374	2,887	622	807	732	1,733	483	191	838	10,311	5,820	5,823	4,340	5,387	4,745	4,020	5,370	4,661	4,339	1,296	–	–	–
Long-Term Debt	–	–	–	–	956	1,000	1,298	1,398	1,134	1,050	1,170	1,462	1,268	2,168	3,038	2,940	4,349	4,571	4,854	4,971	5,339	5,267	5,765	6,408	7,899	7,839	7,442	7,240	7,402	8,409
Shareholders' Equity	2,126	3,430	3,770	3,868	4,694	5,425	6,394	6,646	7,573	7,927	8,341	8,795	6,639	8,417	11,056	13,506	15,978	14,620	18,716	17,382	20,482	24,365	23,462	28,959	157,187	33,253	20,140	21,985	26,098	29,490
Retained Earnings	1,918	2,442	2,862	3,356	3,956	4,542	5,244	5,885	6,992	8,048	9,304	10,637	11,306	12,410	14,194	15,583	17,387	19,885	22,156	24,007	25,981	29,895	31,788	34,291	37,984	41,381	44,367	47,993	52,277	54,682
Shares Outstanding	1,159	1,125	1,103	1,102	1,090	1,075	1,057	1,044	1,033	1,015	1,004	988	958	938	946	939	939	935	908	866	828	798	775	746	716	677	638	599	565	532

Data as of: September 21, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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