GLOBE LIFE INC
For the period ended Sep 30, 2024. Filed Nov 6, 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 6, 2024
GL$163.46+1.0%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
Condensed Consolidated Statements of Cash Flows
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash provided from (used for) operating activities | $1,065,513 | $1,091,028 |
| Cash provided from (used for) investing activities: | ||
| Investments sold or matured: | ||
| Fixed maturities available for sale—sold | 674,125 | 192,007 |
| Fixed maturities available for sale—matured or other redemptions | 161,275 | 212,936 |
| Mortgage loans | 29,433 | 32,164 |
| Other long-term investments | 29,995 | 100,999 |
| Total investments sold or matured | 894,828 | 538,106 |
| Acquisition of investments: | ||
| Fixed maturities—available for sale | (1,000,665) | (1,076,699) |
| Mortgage loans | (134,667) | (95,995) |
| Other long-term investments | (445,776) | (103,098) |
| Total investments acquired | (1,581,108) | (1,275,792) |
| Net (increase) decrease in policy loans | (34,052) | (29,687) |
| Net (increase) decrease in short-term investments | (18,761) | 30,187 |
| Additions to property and equipment | (56,047) | (36,449) |
| Other investing activities | 96 | — |
| Investments in low-income housing interests | (27,840) | (54,337) |
| Cash provided from (used for) investing activities | (822,884) | (827,972) |
| Cash provided from (used for) financing activities: | ||
| Issuance of common stock | 34,851 | 61,079 |
| Cash dividends paid to shareholders | (65,292) | (62,945) |
| Repayment of debt | — | (165,612) |
| Proceeds from issuance of debt | 530,000 | 170,000 |
| Payment for debt issuance costs | (7,138) | (757) |
| Net borrowing from Federal Home Loan Bank (FHLB) | 17,000 | 198,000 |
| Net borrowing (repayment) of commercial paper | 31,443 | (34,066) |
| Proceeds from commercial paper with original maturities greater than 90 days | 387,247 | — |
| Repayment of commercial paper with original maturities greater than 90 days | (314,836) | — |
| Acquisition of treasury stock | (950,448) | (365,929) |
| Net receipts (payments) from deposit-type products | 122,291 | (69,526) |
| Cash provided from (used for) financing activities | (214,882) | (269,756) |
| Effect of foreign exchange rate changes on cash | 3,646 | (313) |
| Net increase (decrease) in cash | 31,393 | (7,013) |
| Cash at beginning of year | 103,156 | 92,559 |
| Cash at end of period | $134,549 | $85,546 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.