Unum Group

For the period ended Dec 31, 2023. Filed Feb 20, 2024.

About 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 20, 2024

UNM$80.23+4.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income

	Year Ended December 31
	2023	2022	2021
(in millions of dollars, except share data)
	As Adjusted
Revenue
Premium Income	$10,046.0	$9,616.5	$9,475.0
Net Investment Income	2,096.7	2,122.2	2,213.2
Net Investment Gain (Loss)	(36.0)	(15.7)	76.7
Other Income	279.2	261.1	242.9
Total Revenue	12,385.9	11,984.1	12,007.8
Benefits and Expenses
Policy Benefits	7,311.9	7,542.1	8,113.3
Policy Benefits - Remeasurement Gain	(54.8)	(547.5)	(559.9)
Commissions	1,170.1	1,086.4	1,038.1
Interest and Debt Expense	194.8	188.5	185.0
Cost Related to Early Retirement of Debt	—	4.2	67.3
Deferral of Acquisition Costs	(632.2)	(556.9)	(523.2)
Amortization of Deferred Acquisition Costs	481.4	421.1	452.1
Compensation Expense	1,162.6	1,089.5	975.2
Other Expenses	1,112.0	1,006.7	999.3
Total Benefits and Expenses	10,745.8	10,234.1	10,747.2
Income Before Income Tax	1,640.1	1,750.0	1,260.6
Income Tax Expense (Benefit)
Current	452.0	473.5	212.8
Deferred	(95.7)	(130.7)	66.8
Total Income Tax Expense	356.3	342.8	279.6
Net Income	$1,283.8	$1,407.2	$981.0
Net Income Per Common Share
Basic	$6.53	$7.01	$4.80
Assuming Dilution	$6.50	$6.96	$4.79

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.