Globe Life Inc Balance Sheet Annual
GL
Select the Financial Report: |
Period: |
Fiscal Year: |
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|
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Balance Sheets
(Annual, GAAP in millions $) |
(Dec 31 2023) 2023 |
(Dec 31 2022) 2022 |
(Dec 31 2021) 2021 |
(Dec 31 2020) 2020 |
(Dec 31 2019) 2019 |
ASSETS |
Marketable Securities |
81.74 |
114.12 |
69.15 |
21,321.29 |
18,945.43 |
Mortgage Loans on Real Estate, Commercial and Consumer, Net, Total |
279.20 |
- |
- |
- |
- |
Net Investments |
835.88 |
976.02 |
793.93 |
546.98 |
326.35 |
Total Investments |
19,724.04 |
18,208.37 |
22,757.99 |
22,452.65 |
19,847.27 |
Cash & cash equivalent |
103.16 |
92.56 |
92.16 |
94.85 |
75.93 |
Cash, Cash Eqvivalents Other |
- |
- |
- |
- |
- |
Accounts receivable |
- |
- |
- |
- |
- |
Other Receivables |
630.22 |
484.89 |
738.75 |
723.17 |
686.79 |
Notes Receivable, Current |
- |
- |
- |
- |
- |
Derivatives, Collaterals, Regulatory, Deferred Assets |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other Current Assets |
- |
- |
- |
- |
- |
Income Taxes, Current |
- |
- |
- |
- |
- |
Loans, Gross, Insurance Policy LO |
657.02 |
614.87 |
589.63 |
584.38 |
575.49 |
Equipment/Property/Plant Net |
- |
- |
- |
- |
- |
Goodwill net |
481.79 |
481.79 |
481.79 |
441.59 |
441.59 |
Intangibles |
- |
- |
- |
- |
- |
Accounts Receivable, Net, Noncurrent |
- |
- |
- |
- |
- |
Financial Instruments |
- |
- |
- |
- |
- |
Tax Assets, Noncurrent |
- |
- |
- |
- |
- |
Other Assets |
84.85 |
290.66 |
123.85 |
- |
8.44 |
Deferred Policy Acquisition Costs DE1 |
6,009.48 |
5,249.91 |
4,914.73 |
4,595.44 |
4,341.94 |
Discontinued Operations, Noncurrent |
- |
- |
- |
- |
- |
Total Assets |
28,051.50 |
25,537.16 |
29,768.05 |
29,046.73 |
25,977.46 |
LIABILITIES |
Accounts Payable |
- |
- |
- |
- |
- |
Liability For Future Policy Benefit After Reinsurance |
- |
17,335.98 |
16,612.07 |
15,802.74 |
- |
Policyholder Account Balance Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense |
20,466.75 |
- |
- |
- |
- |
Liability for Future Policy Benefits LI |
19,460.35 |
16,721.85 |
16,034.73 |
15,243.54 |
14,508.13 |
Other Policyholder Funds |
236.96 |
123.36 |
98.94 |
97.97 |
96.28 |
Short-term Debt DE1 |
486.11 |
449.10 |
479.64 |
254.92 |
298.74 |
Other Liabilities |
- |
- |
- |
- |
0.00 |
Accrued Income Taxes TA |
494.64 |
686.17 |
1,765.02 |
1,833.72 |
1,476.83 |
Servicing, Deferred Liability, Revenue and Advances |
- |
- |
- |
- |
- |
Discontinued Operation, Liabilities, Current |
- |
- |
- |
- |
- |
Long-term debt |
1,629.56 |
1,627.95 |
1,546.49 |
1,667.89 |
1,348.99 |
Capital Lease and Other |
- |
- |
- |
- |
- |
Long-term Debt Convertible |
- |
- |
- |
- |
- |
Financial Instruments, Insurance, Noncurrent |
- |
- |
- |
- |
- |
Employee Benefit Plans, Noncurrent |
- |
- |
- |
- |
- |
Separate Accounts, Advances |
- |
- |
- |
- |
- |
Accrued Income Taxes, Noncurrent |
- |
- |
- |
- |
- |
Discontinued Operation, Liabilities, Noncurrent |
- |
- |
- |
- |
- |
Other liabilities, Noncurrent |
21,935.14 |
19,013.35 |
1,200.42 |
1,177.61 |
954.18 |
Total Liabilities |
23,564.70 |
20,641.30 |
21,125.24 |
20,275.64 |
18,683.15 |
SHAREHOLDER'S EQUITY |
Treasury Stock Common Value |
-854.28 |
- |
- |
- |
- |
Common Stock Value |
102.22 |
105.22 |
109.22 |
113.22 |
117.22 |
Treasury Stock Value |
- |
-789.52 |
-846.66 |
-772.91 |
-750.62 |
Additional Paid In Capital Common Stock |
532.47 |
529.66 |
520.56 |
527.44 |
531.55 |
Retained Earnings / Accumulated Deficit |
7,478.81 |
6,466.22 |
6,182.10 |
5,874.11 |
5,551.33 |
Other Equity |
-2,772.42 |
-1,415.71 |
2,677.58 |
3,029.24 |
1,844.83 |
Noncontrolling interests & other |
- |
- |
- |
- |
- |
Total
Stockholder's Equity |
4,486.80 |
4,895.86 |
8,642.81 |
8,771.09 |
7,294.31 |
Liabilities & Stockholder's
Equity |
28,051.50 |
25,537.16 |
29,768.05 |
29,046.73 |
25,977.46 |
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