AFLAC INC
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
AFL$124.06-1.7%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders' Equity
| (In millions, except for per share amounts - Unaudited) | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Total Shareholders'Equity |
|---|---|---|---|---|---|---|
| Balance at December 31, 2023 | $136 | $2,771 | $47,993 | $(5,520) | $(23,395) | $21,985 |
| Net earnings | 0 | 0 | 1,879 | 0 | 0 | 1,879 |
| Unrealized foreign currency translation gains (losses) during period, net of income taxes | 0 | 0 | 0 | (597) | 0 | (597) |
| Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments | 0 | 0 | 0 | (47) | 0 | (47) |
| Unrealized gains (losses) on derivatives during period, net of income taxes | 0 | 0 | 0 | (4) | 0 | (4) |
| Effect of changes in discount rate assumptions during period, net of income taxes | 0 | 0 | 0 | 1,065 | 0 | 1,065 |
| Pension liability adjustment during period, net of income taxes | 0 | 0 | 0 | 1 | 0 | 1 |
| Dividends to shareholders (1) ($.00 per share) | 0 | 0 | 0 | 0 | 0 | 0 |
| Exercise of stock options | 0 | 4 | 0 | 0 | 0 | 4 |
| Share-based compensation | 0 | 18 | 0 | 0 | 0 | 18 |
| Purchases of treasury stock | 0 | 0 | 0 | 0 | (793) | (793) |
| Treasury stock reissued | 0 | 13 | 0 | 0 | 13 | 26 |
| Balance at March 31, 2024 | $136 | $2,806 | $49,872 | $(5,102) | $(24,175) | $23,537 |
| Net earnings | 0 | 0 | 1,755 | 0 | 0 | 1,755 |
| Unrealized foreign currency translation gains (losses) during period, net of income taxes | 0 | 0 | 0 | (425) | 0 | (425) |
| Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments | 0 | 0 | 0 | (691) | 0 | (691) |
| Unrealized gains (losses) on derivatives during period, net of income taxes | 0 | 0 | 0 | 4 | 0 | 4 |
| Effect of changes in discount rate assumptions during period, net of income taxes | 0 | 0 | 0 | 2,920 | 0 | 2,920 |
| Pension liability adjustment during period, net of income taxes | 0 | 0 | 0 | 2 | 0 | 2 |
| Dividends to shareholders (1) ($.50 per share) | 0 | 0 | (282) | 0 | 0 | (282) |
| Exercise of stock options | 0 | 2 | 0 | 0 | 0 | 2 |
| Share-based compensation | 0 | 12 | 0 | 0 | 0 | 12 |
| Purchases of treasury stock | 0 | 0 | 0 | 0 | (810) | (810) |
| Treasury stock reissued | 0 | 15 | 0 | 0 | 8 | 23 |
| Balance at June 30, 2024 | $136 | $2,835 | $51,345 | $(3,292) | $(24,977) | $26,047 |
| (In millions, except for per share amounts - Unaudited) | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Total Shareholders'Equity |
|---|---|---|---|---|---|---|
| Balance at June 30, 2024 | $136 | $2,835 | $51,345 | $(3,292) | $(24,977) | $26,047 |
| Net earnings | 0 | 0 | (93) | 0 | 0 | (93) |
| Unrealized foreign currency translation gains (losses) during period, net of income taxes | 0 | 0 | 0 | 952 | 0 | 952 |
| Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments | 0 | 0 | 0 | 156 | 0 | 156 |
| Unrealized gains (losses) on derivatives during period, net of income taxes | 0 | 0 | 0 | 2 | 0 | 2 |
| Effect of changes in discount rate assumptions during period, net of income taxes | 0 | 0 | 0 | (1,492) | 0 | (1,492) |
| Pension liability adjustment during period, net of income taxes | 0 | 0 | 0 | (3) | 0 | (3) |
| Dividends to shareholders (1) ($.50 per share) | 0 | 0 | (280) | 0 | 0 | (280) |
| Exercise of stock options | 0 | 1 | 0 | 0 | 0 | 1 |
| Share-based compensation | 0 | 21 | 0 | 0 | 0 | 21 |
| Purchases of treasury stock | 0 | 0 | 0 | 0 | (505) | (505) |
| Treasury stock reissued | 0 | 19 | 0 | 0 | 5 | 24 |
| Balance at September 30, 2024 | $136 | $2,876 | $50,972 | $(3,677) | $(25,477) | $24,830 |
| (In millions, except for per share amounts - Unaudited) | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Total Shareholders'Equity |
|---|---|---|---|---|---|---|
| Balance at December 31, 2022 | $135 | $2,641 | $44,367 | $(6,429) | $(20,574) | $20,140 |
| Net earnings | 0 | 0 | 1,188 | 0 | 0 | 1,188 |
| Unrealized foreign currency translation gains (losses) during period, net of income taxes | 0 | 0 | 0 | (54) | 0 | (54) |
| Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments | 0 | 0 | 0 | 1,991 | 0 | 1,991 |
| Unrealized gains (losses) on derivatives during period, net of income taxes | 0 | 0 | 0 | 1 | 0 | 1 |
| Effect of changes in discount rate assumptions during period, net of income taxes | 0 | 0 | 0 | (2,794) | 0 | (2,794) |
| Pension liability adjustment during period, net of income taxes | 0 | 0 | 0 | 7 | 0 | 7 |
| Dividends to shareholders (1) ($.00 per share) | 0 | 0 | 0 | 0 | 0 | 0 |
| Exercise of stock options | 0 | 3 | 0 | 0 | 0 | 3 |
| Share-based compensation | 0 | 14 | 0 | 0 | 0 | 14 |
| Purchases of treasury stock | 0 | 0 | 0 | 0 | (732) | (732) |
| Treasury stock reissued | 0 | 7 | 0 | 0 | 13 | 20 |
| Balance at March 31, 2023 | $135 | $2,665 | $45,555 | $(7,278) | $(21,293) | $19,784 |
| Net earnings | 0 | 0 | 1,634 | 0 | 0 | 1,634 |
| Unrealized foreign currency translation gains (losses) during period, net of income taxes | 0 | 0 | 0 | (631) | 0 | (631) |
| Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments | 0 | 0 | 0 | 689 | 0 | 689 |
| Unrealized gains (losses) on derivatives during period, net of income taxes | 0 | 0 | 0 | 1 | 0 | 1 |
| Effect of changes in discount rate assumptions during period, net of income taxes | 0 | 0 | 0 | (165) | 0 | (165) |
| Pension liability adjustment during period, net of income taxes | 0 | 0 | 0 | 46 | 0 | 46 |
| Dividends to shareholders (1) ($.42 per share) | 0 | 0 | (252) | 0 | 0 | (252) |
| Exercise of stock options | 0 | 5 | 0 | 0 | 0 | 5 |
| Share-based compensation | 1 | 17 | 0 | 0 | 0 | 18 |
| Purchases of treasury stock | 0 | 0 | 0 | 0 | (708) | (708) |
| Treasury stock reissued | 0 | 10 | 0 | 0 | 8 | 18 |
| Balance at June 30, 2023 | $136 | $2,697 | $46,937 | $(7,338) | $(21,993) | $20,439 |
| (In millions, except for per share amounts - Unaudited) | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Total Shareholders'Equity |
|---|---|---|---|---|---|---|
| Balance at June 30, 2023 | $136 | $2,697 | $46,937 | $(7,338) | $(21,993) | $20,439 |
| Net earnings | 0 | 0 | 1,569 | 0 | 0 | 1,569 |
| Unrealized foreign currency translation gains (losses) during period, net of income taxes | 0 | 0 | 0 | (235) | 0 | (235) |
| Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments | 0 | 0 | 0 | (2,381) | 0 | (2,381) |
| Unrealized gains (losses) on derivatives during period, net of income taxes | 0 | 0 | 0 | 1 | 0 | 1 |
| Effect of changes in discount rate assumptions during period, net of income taxes | 0 | 0 | 0 | 4,193 | 0 | 4,193 |
| Pension liability adjustment during period, net of income taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends to shareholders (1) ($.42 per share) | 0 | 0 | (249) | 0 | 0 | (249) |
| Exercise of stock options | 0 | 2 | 0 | 0 | 0 | 2 |
| Share-based compensation | 0 | 20 | 0 | 0 | 0 | 20 |
| Purchases of treasury stock | 0 | 0 | 0 | 0 | (707) | (707) |
| Treasury stock reissued | 0 | 10 | 0 | 0 | 7 | 17 |
| Balance at September 30, 2023 | $136 | $2,729 | $48,257 | $(5,760) | $(22,693) | $22,669 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.