Globe Life Inc
NYSE : GL$168.77+0.28%Oct 16 close
Financials
Balance sheet · full history
USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.
| Reported line item | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|
| Fixed maturitiesavailable 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) | 21,305.29 | 16,503.37 | 17,870.21 | 17,155.01 | 17,589.34 | |||
| Fixed maturitiesavailable for sale, at fair value (amortized cost: 2021$17,805,309; 2020$17,197,145, allowance for credit losses: 2021 $387; 2020 $3,346)no longer reported | 21,213.51 | 21,305.29 | ||||||
| Fixed maturitiesavailable for sale, at fair value (amortized cost: 2020$17,197,145; 2019$16,415,776, allowance for credit losses: 2020 $3,346; 2019 $0)no longer reported | 16,297.93 | 18,907.15 | 21,213.51 | |||||
| Mortgage loans | 181.31 | 279.2 | 396.09 | 428.52 | ||||
| Policy loans | 550.07 | 575.49 | 584.38 | 589.63 | 614.87 | 657.02 | 699.67 | 741.38 |
| Other long-term investments (includes: 2025$1,109,719; 2024$986,766 under the fair value option) | 207.26 | 326.35 | 546.98 | 793.93 | 794.71R | 835.88 | 1,235.76 | 1,396.06 |
| Short-term investments | 63.29 | 38.29 | 107.78 | 69.15 | 114.12 | 81.74 | 85.04 | 314.71 |
| Total investments | 17,118.54 | 19,847.27 | 22,452.65 | 22,757.99 | 18,208.37 | 19,724.04 | 19,571.56 | 20,470.01 |
| Cash | 121.03 | 75.93 | 94.85 | 92.16 | 92.56 | 103.16 | 165.33 | 144.7 |
| Accrued investment income | 243 | 245.13 | 248.99 | 251.31 | 259.58 | 270.4 | 269.79 | 272.82 |
| Other receivables | 415.16 | 441.66 | 474.18 | 487.44 | 589.17R | 630.22 | 691.91 | 768.59 |
| Deferred acquisition costs | 4,137.93 | 4,341.94 | 4,595.44 | 4,914.73 | 5,535.7R | 6,009.48 | 6,495.59 | 6,999.14 |
| Goodwill | 441.59 | 441.59 | 441.59 | 481.79 | 481.79 | 481.79 | 490.45 | 490.45 |
| Other assets | 549.9 | 583.93 | 739.03 | 782.63 | 819.63R | 832.41 | 1,391.56 | 1,667.99 |
| Total assets | 23,095.72 | 25,977.46 | 29,046.73 | 29,768.05 | 25,986.8R | 28,051.5 | 29,076.18 | 30,813.69 |
| Assets related to discontinued operationsno longer reported | 68.58 | 0 | ||||||
| Future policy benefits at current discount rates: (at original discount rates: 2025$18,129,506; 2024$17,552,564) | 13,953.83 | 14,508.13 | 15,243.54 | 16,034.73 | 18,097.34R | 19,460.35 | 18,457.26 | 19,169.69 |
| Unearned and advance premium | 61.21 | 63.71 | 61.73 | 65.47 | 253.36R | 254.57 | 257.63 | 270.66 |
| Policy claims and other benefits payable | 350.83 | 365.4 | 399.51 | 412.94 | 509.36R | 514.88 | 532.83 | 540.83 |
| Other policyholders' funds | 97.46 | 96.28 | 97.97 | 98.94 | 123.24R | 236.96 | 468.6 | 532.05 |
| Total policy liabilities | 18,983.29 | 20,466.75 | 19,716.33 | 20,513.23 | ||||
| Total policy liabilitiesno longer reported | 14,463.32 | 15,033.53 | 15,802.74 | 16,612.07 | 17,335.98 | |||
| Current and deferred income taxes | 1,047.74 | 1,476.83 | 1,833.72 | 1,765.02 | 434.65R | 494.64 | 731.26 | 859.63 |
| Short-term debt | 307.85 | 298.74 | 254.92 | 479.64 | 449.1 | 486.11 | 415.4 | 304.66 |
| Long-term debt (estimated fair value: 2025$2,225,320; 2024$2,122,772) | 1,357.19 | 1,348.99 | 1,667.89 | 1,546.49 | 1,627.95 | 1,629.56 | 2,324.25 | 2,320.79 |
| Other liabilities | 453.27 | 525.07 | 716.37 | 722.01 | 542.22R | 487.63 | 583.42 | 840.81 |
| Total liabilities | 17,680.55 | 18,683.15 | 20,275.64 | 21,125.24 | 22,037.22R | 23,564.7 | 23,770.66 | 24,839.11 |
| Liabilities related to discontinued operationsno longer reported | 51.19 | 0 | ||||||
| Commitments and Contingencies (Note 5) | — | — | — | — | — | — | — | — |
| Preferred stock, par value $1 per share5,000,000 shares authorized; outstanding: 0 in 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common stock, par value $1 per share320,000,000 shares authorized; outstanding: (202592,218,183 issued; 202497,218,183 issued) | 121.22 | 117.22 | 113.22 | 109.22 | 105.22 | 102.22 | 97.22 | 92.22 |
| Additional paid-in-capital | 524.41 | 531.55 | 527.44 | 520.56 | 529.66 | 532.47 | 527.8 | 536.36 |
| Accumulated other comprehensive income (loss) | 319.48 | 1,844.83 | 3,029.24 | 2,677.58 | (2,790.31)R | (2,772.42) | (2,029.72) | (1,771.44) |
| Retained earnings | 5,213.47 | 5,551.33 | 5,874.11 | 6,182.1 | 6,894.54R | 7,478.81 | 8,002.52 | 8,546.81 |
| Treasury stock, at cost: (202513,125,082 shares; 202413,240,616 shares) | (789.52) | (854.28) | (1,292.29) | (1,429.37) | ||||
| Treasury stock, at cost: (20228,478,288 shares; 20219,650,845 shares)no longer reported | (763.4) | (750.62) | (772.91) | (846.66) | (789.52) | |||
| Total shareholders' equity | 5,415.18 | 7,294.31 | 8,771.09 | 8,642.81 | 3,949.58R | 4,486.8 | 5,305.52 | 5,974.58 |
| Total liabilities and shareholders' equity | 23,095.72 | 25,977.46 | 29,046.73 | 29,768.05 | 25,986.8R | 28,051.5 | 29,076.18 | 30,813.69 |
History starts FY2018, the period ended Dec 31, 2018 — the earliest period our structured-data source covers, not the company’s first year.
38 reported lines · 8 periods · values taken from the latest filing that prints each period.
- R16 restated by the filer — hover for the figure as first reported.
- italic6 from an earlier filing than the rest of the column.
- no longer reported6 lines the filer stopped printing.
- — the filer printed the line and left the period empty. An empty cell means the line was not printed at all; it is never a zero.
252 of 252 values link to the exact element in the filer’s own document.
Every line and every caption is the company’s own. Each period carries the value from the latest filing that prints it, which is why a restated period shows the restated number with the figure as first reported kept underneath.
Nothing on this table is computed by us: no fourth quarter, no growth rate, no margin. Marks describe the filer’s own restatements.