AFLAC INC

AFL · XNYS

CIK 4977fmd_1HSYX01T7A2Q9PGWZAJYJYY7KWFinance, Insurance and Real Estate · Accident & Health InsuranceTemplate: Insurance

Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net premiums earned	19,225	18,531	18,677	18,780	18,622	17,095	14,901	14,123	13,440	13,548
Total revenues	22,559	21,667	21,758	22,307	22,147	21,554	19,140	18,701	18,927	17,164
Net investment income	3,278	3,220	3,442	3,578	3,638	3,818	3,656	3,811	4,116	4,076
Realized investment gains (losses)	(14)	(151)	(430)	(135)	(270)	468	363	590	1,271	(572)
Provision for credit losses	–	–	–	–	–	–	36	139	256	191
Losses and loss adjustment expenses	12,919	12,181	12,000	11,942	11,796	10,476	8,887	8,211	7,450	7,293
Policy acquisition costs	1,141	1,132	1,245	1,282	1,214	835	792	816	851	874
Selling, general and administrative	2,796	2,780	2,988	3,089	3,420	3,541	3,249	3,165	3,014	3,253
Total benefits, losses and expenses	18,492	17,649	17,775	17,862	17,988	16,346	14,271	13,439	12,510	12,631
Total operating expenses	–	–	–	5,920	6,192	5,870	5,384	5,228	5,060	5,338
Impairment of real estate	–	–	–	–	–	–	–	0	0	6
Operating income	4,117	4,087	4,354	4,461	4,416	4,934	4,157	–	–	–
Interest expense	268	240	222	228	242	238	226	190	194	217
Other non-operating income (expense)	(137)	(69)	(74)	(1)	(28)	(73)	0	39	–	–
Income before taxes	4,067	4,018	3,983	4,445	4,159	5,208	4,869	5,262	6,417	4,533
Income tax expense	1,408	(586)	1,063	1,141	(619)	977	451	603	974	887
Net income from continuing operations	2,659	4,604	2,920	3,304	4,778	4,231	4,418	4,659	5,443	3,646
Net income	2,659	4,604	2,920	3,304	4,778	4,231	4,418	4,659	5,443	3,646
Net income to common shareholders	–	–	–	–	–	–	–	–	–	–