Aflac Incorporated
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Aflac Incorporated's balance sheet done over the years? Its assets were worth $126,724,000,000 last year, which is less than in the previous period. 83% of Aflac Incorporated’s total assets is currently financed by debt. Its liabilities reached the amount of $104,739,000,000, which means an decrease by -6% compared compared to last year.
Debt to Assets
| 2014 | 119767000000 | 101.05B | 84.37% |
|---|---|---|---|
| 2015 | 118296000000 | 100.91B | 85.31% |
| 2016 | 129819000000 | 109.33B | 84.22% |
| 2017 | 137217000000 | 112.85B | 82.24% |
| 2018 | 140406000000 | 116.94B | 83.29% |
| 2019 | 152768000000 | 6.56B | 4.3% |
| 2020 | 165086000000 | 7.89B | 4.78% |
| 2021 | 157542000000 | 7.95B | 5.05% |
| 2022 | 131738000000 | 111.59B | 84.71% |
| 2023 | 126724000000 | 104.73B | 82.65% |
AFL Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 4.30B | 3.94B | 5.05B | 5.14B | 4.89B | 4.33B | 3.49B | 4.85B | 4.35B | 4.65B |
Short term investments | 1.44B | 75.74B | 98.69B | 105.88B | 91.26B | 82.89B | 85.33B | 76.70B | 67.79B | 68.27B |
Net receivables | 0 | 647M | 693M | 796M | 828M | 851M | 827M | 669M | 705M | 842M |
Inventory | 0 | -7.22B | -7.49B | -7.84B | -7.37B | 0 | -5.08B | 0 | 0 | 0 |
Other current assets | 0 | 7.22B | 7.49B | 7.84B | 7.37B | 0 | 0 | 0 | 0 | 0 |
Total current assets | 28.22B | 80.33B | 104.44B | 111.81B | 96.98B | 88.08B | 89.65B | 82.23B | 72.84B | 73.77B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 445M | 530M | 538M | 601M | 581M | 443M | 434M | 433M | 427M | 429M |
Goodwill | 265M | 265M | 268M | 269M | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 9.13B | 8.59B | 9.52B | 10.44B | 10.12B | 0 | 9.50B | 0 | 8.51B | 8.27B |
Long term investments | 2.78B | 95.88B | 122.29B | 131.62B | 122.14B | 114.2B | 116.76B | 110.05B | 101.25B | 102.51B |
Other non-current assets | 110.92B | -14.06B | -17.80B | -18.92B | -16.28B | -114.64B | -14.76B | -110.48B | -101.68B | -102.94B |
Total non-current assets | 123.55B | 96.41B | 122.83B | 132.23B | 122.73B | 114.64B | 117.2B | 110.48B | 101.68B | 102.94B |
Total assets | 126.72B | 131.73B | 157.54B | 165.08B | 152.76B | 140.40B | 137.21B | 129.81B | 118.29B | 119.76B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 55M | 52M | 56M | 53M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 0 | 1.29B | 4.33B | 4.66B | 5.37B | 4.02B | 4.74B | 5.38B | 4.34B | 300M |
| Non-current liabilities: | ||||||||||
Long term debt | 7.36B | 7.44B | 7.95B | 7.89B | 6.56B | 5.77B | 5.28B | 5.36B | 4.97B | 5.29B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 97.37B | 84.52B | -7.95B | -7.89B | -6.56B | -5.77B | 107.33B | 0 | 95.57B | 96.12B |
Total non-current liabilities | 104.73B | 91.96B | 7.95B | 7.89B | 6.56B | 116.94B | 5.28B | 5.36B | 5.01B | 300M |
Total liabilities | 104.73B | 111.59B | 7.95B | 7.89B | 6.56B | 116.94B | 112.85B | 109.33B | 100.91B | 101.05B |
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