AFLAC INC
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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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.
FY2024 · Filed Feb 26, 2025
AFL$126.64+1.1%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income (Loss)
| (In millions) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net earnings | $5,443 | $4,659 | $4,418 |
| Other comprehensive income (loss) before income taxes: | |||
| Unrealized foreign currency translation gains (losses) during period | (769) | (366) | (1,034) |
| Unrealized gains (losses) on fixed maturity securities: | |||
| Unrealized holding gains (losses) on fixed maturity securities during period | (1,224) | 2,493 | (12,603) |
| Reclassification adjustment for (gains) losses on fixed maturity securities included in net earnings | (197) | (166) | (453) |
| Unrealized gains (losses) on derivatives during period | 3 | 6 | 4 |
| Effect of changes in discount rate assumptions during period | 5,780 | (582) | 17,384 |
| Pension liability adjustment during period | 23 | 35 | 165 |
| Total other comprehensive income (loss) before income taxes | 3,616 | 1,420 | 3,463 |
| Income tax expense (benefit) related to items of other comprehensive income (loss) | 1,074 | 511 | 1,481 |
| Other comprehensive income (loss), net of income taxes | 2,542 | 909 | 1,982 |
| Total comprehensive income (loss) | $7,985 | $5,568 | $6,400 |
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