Below are the financial statements of Aflac, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Net earned premiums, principally supplemental health insurance | 13.44a | 14.12a | 14.9a |
| Net investment income | 4.12a | 3.81a | 3.66a |
| Net investment gains (losses) | 1.27a | 0.59a | 0.36a |
| Other income (loss) | 0.1a | 0.18a | 0.22a |
| Total revenues | 18.93a | 18.7a | 19.14a |
| Benefits and expenses | — | — | — |
| Benefits and claims, excluding reserve remeasurement | -8.01a | -8.59a | -9.1a |
| Reserve remeasurement (gains) losses | -0.56a | -0.38a | -0.22a |
| Total benefits and claims, net | -7.45a | -8.21a | -8.89a |
| Acquisition and operating expenses | — | — | — |
| Amortization of deferred policy acquisition costs | -0.85a | -0.82a | -0.79a |
| Insurance commissions | -1a | -1.05a | -1.12a |
| Insurance and other expenses | -3.01a | -3.17a | -3.25a |
| Interest expense | -0.2a | -0.2a | -0.23a |
| Total acquisition and operating expenses | -5.06a | -5.23a | -5.38a |
| Total benefits and expenses | -12.51a | -13.44a | -14.27a |
| Earnings before income taxes | 6.42a | 5.26a | 4.87a |
| Income tax expense (benefit) | — | — | — |
| Current | -1.33a | -1.66a | -1.18a |
| Deferred | -0.36a | -1.06a | -0.73a |
| Income taxes | -0.97a | -0.6a | -0.45a |
| Net earnings | 5.44a | 4.66a | 4.42a |
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Aflac’s data sources below and access millions more through our Disclosure Search.