AFLAC INC
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
AFL$126.64+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Income (Loss)
| (In millions) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net earnings | $4,659 | $4,418 | $4,231 |
| Other comprehensive income (loss) before income taxes: | |||
| Unrealized foreign currency translation gains (losses) during period | (366) | (1,034) | (861) |
| Unrealized gains (losses) on fixed maturity securities: | |||
| Unrealized holding gains (losses) on fixed maturity securities during period | 2,493 | (12,603) | (929) |
| Reclassification adjustment for (gains) losses on fixed maturity securities included in net earnings | (166) | (453) | (31) |
| Unrealized gains (losses) on derivatives during period | 6 | 4 | 5 |
| Effect of changes in discount rate assumptions during period | (582) | 17,384 | 3,466 |
| Pension liability adjustment during period | 35 | 165 | 148 |
| Total other comprehensive income (loss) before income taxes | 1,420 | 3,463 | 1,798 |
| Income tax expense (benefit) related to items of other comprehensive income (loss) | 511 | 1,481 | 573 |
| Other comprehensive income (loss), net of income taxes | 909 | 1,982 | 1,225 |
| Total comprehensive income (loss) | $5,568 | $6,400 | $5,456 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.