GLOBE LIFE INC.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
GL$161.83+3.0%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 exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets: | ||
| Investments: | ||
| Fixed maturities—available for sale, at fair value (amortized cost: 2025—$18,820,464; 2024—$18,835,809, allowance for credit losses: 2025— $3,297; 2024— $10,395) | $17,589,342 | $17,155,012 |
| Mortgage loans | 428,517 | 396,088 |
| Policy loans | 741,375 | 699,669 |
| Other long-term investments (includes: 2025—$1,109,719; 2024—$986,766 under the fair value option) | 1,396,064 | 1,235,759 |
| Short-term investments | 314,711 | 85,035 |
| Total investments | 20,470,009 | 19,571,563 |
| Cash | 144,704 | 165,325 |
| Accrued investment income | 272,818 | 269,791 |
| Other receivables | 768,592 | 691,907 |
| Deferred acquisition costs | 6,999,136 | 6,495,589 |
| Goodwill | 490,446 | 490,446 |
| Other assets | 1,667,987 | 1,391,560 |
| Total assets | $30,813,692 | $29,076,181 |
| Liabilities: | ||
| Future policy benefits at current discount rates: (at original discount rates: 2025—$18,129,506; 2024—$17,552,564) | $19,169,687 | $18,457,263 |
| Unearned and advance premium | 270,663 | 257,631 |
| Policy claims and other benefits payable | 540,832 | 532,832 |
| Other policyholders' funds | 532,047 | 468,604 |
| Total policy liabilities | 20,513,229 | 19,716,330 |
| Current and deferred income taxes | 859,628 | 731,255 |
| Short-term debt | 304,656 | 415,401 |
| Long-term debt (estimated fair value: 2025—$2,225,320; 2024—$2,122,772) | 2,320,793 | 2,324,251 |
| Other liabilities | 840,807 | 583,424 |
| Total liabilities | 24,839,113 | 23,770,661 |
| Commitments and Contingencies (Note 5) | ||
| Shareholders' equity: | ||
| Preferred stock, par value $1 per share—5,000,000 shares authorized; outstanding: 0 in 2025 and 2024 | — | — |
| Common stock, par value $1 per share—320,000,000 shares authorized; outstanding: (2025—92,218,183 issued; 2024—97,218,183 issued) | 92,218 | 97,218 |
| Additional paid-in-capital | 536,363 | 527,795 |
| Accumulated other comprehensive income (loss) | (1,771,444) | (2,029,720) |
| Retained earnings | 8,546,807 | 8,002,521 |
| Treasury stock, at cost: (2025—13,125,082 shares; 2024—13,240,616 shares) | (1,429,365) | (1,292,294) |
| Total shareholders' equity | 5,974,579 | 5,305,520 |
| Total liabilities and shareholders' equity | $30,813,692 | $29,076,181 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.