Debt (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of Selected Information about Debt Issues

The following table presents information about the terms and outstanding balances of Globe Life's debt.

Selected Information about Debt Issues

				As of
				September 30, 2025								December 31, 2024
Instrument	Issue Date	Maturity Date	Coupon Rate	Par Value		Unamortized Discount & Issuance Costs		Book Value		Fair Value		Book Value
												$	—
Senior notes	09/27/2018	09/15/2028	4.550%	$	550,000	$	(2,439)	$	547,561	$	554,846	$	546,999
Senior notes	08/21/2020	08/15/2030	2.150%	400,000		(2,514)		397,486		359,436		397,132
Senior notes(1)	05/19/2022	06/15/2032	4.800%	250,000		(3,413)		246,587		251,192		246,272
Senior notes	08/23/2024	09/15/2034	5.850%	450,000		(4,883)		445,117		472,325		444,814
Junior subordinated debentures
Junior subordinated debentures	11/17/2017	11/17/2057	5.275%	125,000		(1,543)		123,457		100,389		123,443
Junior subordinated debentures	06/14/2021	06/15/2061	4.250%	325,000		(7,549)		317,451		215,800		317,387
Term loan(2)	05/11/2023	08/15/2027	5.670%	250,000		(1,300)		248,700		248,700		248,204
Subtotal				2,350,000		(23,641)		2,326,359		2,202,688		2,324,251
Unamortized issuance costs(3)				—		(6,346)		(6,346)		(6,346)		—
Total long-term debt				2,350,000		(29,987)		2,320,013		2,196,342		2,324,251
Current maturity of long-term debt
Term loan(2)				—		—		—		—		—
FHLB borrowings				65,000		—		65,000		65,000		—
Commercial paper				331,000		(1,651)		329,349		329,349		415,401
Total short-term debt				396,000		(1,651)		394,349		394,349		415,401
Total debt				$	2,746,000	$	(31,638)	$	2,714,362	$	2,590,691	$	2,739,652

(1)An additional $150 million par value and book value is held by insurance subsidiaries that eliminates in consolidation.

(2)Interest calculated quarterly using Secured Overnight Financing Rate (SOFR) plus 135 basis points.

(3)Unamortized issuance costs for P-CAPS facility agreement.

The following tables present certain information about our commercial paper borrowings.

Credit Facility—Commercial Paper

	As of
	September 30, 2025			December 31, 2024			September 30, 2024
Balance of commercial paper at end of period (par value)	$	331,000		$	419,000		$	426,908
Annualized interest rate	4.60		%	5.22		%	5.56		%
Letters of credit outstanding	$	115,000		$	115,000		$	115,000
Remaining amount available under credit line	554,000			466,000			458,092

Credit Facility—Commercial Paper Activity

	Nine Months Ended September 30,
	2025			2024
Average balance of commercial paper outstanding during period (par value)	$	430,732		$	375,851
Daily-weighted average interest rate (annualized)	4.90		%	5.80		%
Maximum daily amount outstanding during period (par value)	$	605,500		$	633,425
Commercial paper issued during period (par value)	1,678,250			1,482,556
Commercial paper matured during period (par value)	(1,766,250)			(1,374,648)
Net commercial paper issued (matured) during period (par value)	(88,000)			107,908