Unum Group
For the period ended Dec 31, 2025. Filed Feb 17, 2026.
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.
FY2025 · Filed Feb 17, 2026
UNM$81.24+1.3%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
Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended December 31 | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (in millions of dollars) | |||
| Cash Flows from Operating Activities | |||
| Net Income | $738.5 | $1,779.1 | $1,283.8 |
| Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities | |||
| Change in Receivables | 529.4 | 623.9 | 602.7 |
| Change in Deferred Acquisition Costs | (170.0) | (130.5) | (150.8) |
| Change in Insurance Liabilities | 437.3 | (780.9) | (313.2) |
| Change in Income Taxes | (22.6) | 97.6 | (84.3) |
| Change in Other Accrued Liabilities | (112.4) | (32.3) | (74.8) |
| Non-cash Components of Net Investment Income | (223.0) | (248.9) | (240.3) |
| Net Investment Loss | 106.6 | 34.6 | 36.0 |
| Depreciation | 123.0 | 116.1 | 108.8 |
| Cash Related to Reinsurance Transaction | (945.3) | — | — |
| Settlement Loss on the U.S. Pension Plan Annuity Purchase | 103.8 | — | — |
| Amortization of the Cost of Reinsurance | 116.7 | 41.4 | 44.1 |
| Amortization of the Deferred Gain on Reinsurance | (9.0) | — | — |
| Other, Net | 14.7 | 13.1 | (9.2) |
| Net Cash Provided by Operating Activities | 687.7 | 1,513.2 | 1,202.8 |
| Cash Flows from Investing Activities | |||
| Proceeds from Sales of Fixed Maturity Securities | 822.7 | 877.3 | 1,062.7 |
| Proceeds from Maturities of Fixed Maturity Securities | 2,131.7 | 1,483.0 | 1,578.1 |
| Proceeds from Sales and Maturities of Other Investments | 506.4 | 332.1 | 360.0 |
| Purchases of Fixed Maturity Securities | (2,393.6) | (2,001.7) | (2,991.4) |
| Purchases of Other Investments | (361.2) | (319.1) | (361.2) |
| Net Purchases of Short-term Investments | (355.7) | (842.1) | (141.0) |
| Net Increase (Decrease) in Payables for Collateral on Investments | 330.9 | 251.8 | (98.3) |
| Net Purchases of Property and Equipment | (132.3) | (125.7) | (134.8) |
| Net Cash Provided (Used) by Investing Activities | 548.9 | (344.4) | (725.9) |
| Cash Flows from Financing Activities | |||
| Short-term Debt Repayment | (275.0) | — | (2.0) |
| Issuance of Long-term Debt | 296.0 | 391.6 | — |
| Long-term Debt Repayment | — | (350.0) | — |
| Issuance of Common Stock | 5.1 | 6.0 | 5.2 |
| Repurchase of Common Stock | (1,010.3) | (972.9) | (250.1) |
| Dividends Paid to Stockholders | (306.2) | (296.5) | (277.1) |
| Proceeds from Policyholders' Account Deposits | 124.1 | 133.2 | 143.4 |
| Payments for Policyholders' Account Withdrawals | (88.5) | (82.7) | (87.0) |
| Cash Received Related to Active Life Volatility Cover Agreement | 17.4 | 26.7 | 18.6 |
| Other, Net | (3.8) | (7.4) | (1.1) |
| Net Cash Used by Financing Activities | (1,241.2) | (1,152.0) | (450.1) |
| Net Increase (Decrease) in Cash and Bank Deposits | (4.6) | 16.8 | 26.8 |
| Cash and Bank Deposits at Beginning of Year | 162.8 | 146.0 | 119.2 |
| Cash and Bank Deposits at End of Year | $158.2 | $162.8 | $146.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.